Fair Tax Part 1 of 4 by Wade Dokken


Underlying all conversations about annuities is the issue of tax deferral and the marginal tax bracket for most investors.   This calculation of the value of tax deferral,  plus the acknowledgement of the exclusionary ratio (the percentage of annuitized withdrawals credited as principal or interest) represent the two key tax advantages annuities provide American savers.

This is […]

By |August 31st, 2010|Uncategorized|14 Comments

Investors Flee Equity Market Mutual Funds by Wade Dokken

Reminiscent of the dog days of 1971-1982, investors are again fleeing equity mutual funds at a record pace.   The market recovery of the past year has proven sufficient only as a opportunity to run from equities with partial capital recovery.  According to the New York Times, on Sunday, August 22nd.

“Investors withdrew a staggering $33.12 billion […]

By |August 25th, 2010|Uncategorized|2 Comments

A Little Slice of Market History Part 4 by Wade Dokken


By late 1974 very little of the stock market was left in the “upper tier” and the vast majority, including a number of perfectly good companies, were in the rubble below.  When asked later about this period Warren Buffet replied, “1974 in terms of buying opportunities—that was the best period I have seen.”  Market prices […]

By |August 13th, 2010|Uncategorized|16 Comments

A Little Slice of Market History Part 3 by Wade Dokken


“The arithmetic here is deceptively simple. If a company’s earnings will increase 15% this year, and if the P-E ratio remains unchanged, then presto! The “investment” shows a 15 percent performance, plus the small dividend. If the P-E ratio advances—as it did for Avon in almost every year–the performance becomes that much better. These results […]

By |August 12th, 2010|Uncategorized|6 Comments

A Little Slice of Market History Part 2 by Wade Dokken


The second thing to consider with this period is intrinsic value.  Buffett saw fit to begin his 1999 Sun Valley speech on the stock market by emphasizing, “Valuing is not the same as predicting.”  The value of a stock to a shareholder is more accurately described by a company’s earnings not the expectations on price. […]

By |August 9th, 2010|Uncategorized|2 Comments

A Little Slice of Market History Part 1 by Wade Dokken

On December 31, 1964 the Dow closed at 874.2.  Seventeen Years later on December 31, 1981 the Dow closed at 875.  Over that time period the GDP of the US grew by 370%, the sales of the Fortune 500 more than sextupled, and the Dow inched up a mere fraction of a point.

How is it […]

By |August 5th, 2010|Uncategorized|4 Comments

A Tool For The Times: TODAY’S Fixed Annuity

Anyone who has been doing financial planning for any period of time has heard the moniker – we work in a highly commoditized  business, and there is nothing new under the sun.  I have been a proponent of that belief and have always worked to provide great ideas along with my product positioning.  But is it […]

By |August 3rd, 2010|Uncategorized|0 Comments

Capital Gains Part 3 of 3 by Wade Dokken

There are even people who believe they should hold on to their assets rather then sell them when the country is characterized by a high capital gains tax.

Harry Wallop Consumer Affairs Editor writes on the repercussions,

“The institute studied America, where the rate has changed substantially – both up and down – since the 1950s. It […]

By |July 30th, 2010|Uncategorized|2 Comments

Capital Gains Part 2 of 3 by Wade Dokken

There are several issues people have with high capital gains taxes. The first is that many Americans are involved in the stock market and it could discourage investment, the second is that capital gains taxes do not generate substantial revenue, the third major reason is capital gains taxes hurt businesses and finally capital gains taxes […]

By |July 28th, 2010|Uncategorized|0 Comments

Capital Gains Part 1 of 3 by Wade Dokken

I’ve been marketing annuities since 1984 when I was hired by PaineWebber to be a financial advisor.  During the course of the past nearly three decades, the prospects for annuities often rose or fell based upon the change in marginal income taxes, dividend taxation or capital gains taxation.  Only variable annuities—with their underlying stock investment […]

By |July 26th, 2010|Uncategorized|0 Comments