Our analysis shows that TNK-BP, Surgutneftegas and Rosneft have been more reliable during market downturns
. Among preferred shares we point to TNK-BP, Bashneft and Surgutneftegas.
The answer depends on a variety of factors, including how comfortable the client is seeing a portfolio's value drop during market downturns
, what size annual withdrawals he or she plans to make during retirement and how much he or she can reduce withdrawals during periods when returns are low.
can be particularly harmful to retirees because they are drawing regular income from their portfolios and, without a salary to make up for losses, they could suffer serious setbacks," states a new American Funds report.
Immediate variable annuities provide lifetime income guarantees, protection against market downturns
, income for a spouse, investment choices and the flexibility to make adjustments during retirement, said William Borden Ayers, DSG principal and head of its retirement income practice.
In fact, historically, buying on market downturns
has been an effective long-term strategy.
Cali Associates has weathered its share of market downturns
. The firm was founded 40 years ago by brothers John and Angelo Cali and long-time business associate and childhood friend Edward Leshowitz.
In the event of a market downturn
, he may reallocate his clients' portfolios.