AboutDavid M Iannopollo Expertise I am a professional financial advisor who can assist you with answers on mutual funds, annuities, IRA's, rollovers, qualified and non-qualified retirement plans, retirement planning, educational planning, life, disability and LTC insurances.
Experience I have over 20 years experience in the business and financial world.
Question hello mr david havent talk to you in a while and i have 750 dollars to invest every month what is the best thing or what to invest in now so i can stay current thank you
Answer Hi Antoine,
Good to hear from you again. I hope you are well! I would recommend that you put this money into a dividend paying whole life insurance policy. The policies I use have paid at least a 7% dividend for over 100 years straight. You would have no stock market risk and unlike IRA's and other retirement plans you would have tax and penalty free access to the funds any time you needed them. You can borrow these funds from your policy to make major purchases such as automobiles, home improvement, college funding for your children, etc. You still get credited with the dividend on any amount borrowed.
You can then repay yourself and use the funds as a source of tax free retirement income that you cannot outlive. On top of that, if you were to die, your family would receive a large tax free death benefit. If you want more information, my email is below.
