11/05/2024 | Press release | Archived content
David Byrnes, head of distribution for Security Benefit, wrote an article for Advisor Magazine about how annuities may offer portfolio stability during uncertainty.
Election years bring uncertainty.<_o3a_p>
And this one overlaps a change in the Fed rate cycle. While clients express concern about the impact of the election on their savings, factors such as inflation and economic trends tend to exert a heavier influence on stock market performance. The historical data and market fundamentals suggest that advisors and their clients should think long-term and maintain a steady course, while focusing on rebalancing, being diversified, avoiding the temptation to make drastic changes, and seeking stability from products like annuities.<_o3a_p>