by Structured Settlement Watchdog®
The "brutal bully" of low inflation continues to "kick sand" in Client First Funding's face.
Late last year the not so "economic forecasting experts" at NASP member Client First Funding, were aggressively soliciting structured settlement annuitants to sell structured settlement payments, with their own version of "beach blanket bingo"….
"TIME VALUE OF MONEY: HOLDING BACK THE TIDE OF INFLATION
"Been back to your favorite beach lately only to find that there’s not much sand left? Probably wish you had spent more time there or at least taken a photo to remind you how wide it once was.
The same can be said for the erosion of your money over time. In fact, because of inflation and other economic forces, your money will continue to lose its purchasing power (or value) year over year. Consequently, the longer you wait for your money, the less it will be worth. While you are powerless against the forces of nature, you do have the power to preserve your money".
So what was the inflation rate in July 2015? According to Inflationdata.com , a paltry 0.17%. Here are the last 7 months.
| -0.09% | -0.03% | -0.07% | -0.20% | -0.04% | 0.12% | 0.17% |
The sun is still shining in Boca Raton and it's a great day for the beach. Your structured settlement is still providing you safety, security and guarantees as long as you keep it away from a fear mongering structured settlement buyer's blanket.
Let the "tide" go "in and out and in and out and in and out, and the sand is all right, no inflation tonight, Client First had a 'squeeze box', but Daddy can always sleep at night".