by Structured Settlement Watchdog
The next time a scam artist from Florida or New York or Maryland attempts to induce you to sell your structured settlement payments…
The next time some scam artist from New York or Florida attempts to induce you to sell your stable tax exempt structured settlement payments (which were locked in years prior at much higher rates) for pennies on the dollar and replace it with an investment program that’s projecting an 8%, 10% or 11% return, consider this stark illustration about the vicissitudes of the market:
Major averages lose 13% in one week!
- 5 Year Treasuries Less than 0.968% taxable
- 10 year Treasury 1.17% Taxable
- Dew Jones drops 5,000 points in one week
- Major average down 13% for the week!
- At low today the Dow nearly wiped out all of 2019 gain, having already wiped out 2020 gain!
- Paulsen “Reminds me of 1987 Crash”