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Scott Tominaga's Investment Picks for Retirees
As
one nears retirement, Scott Tominaga says they must become more aware of the
financial stability of sound investment strategies. This involves examining the
best options available and guarantees that one's retirement portfolio will
allow for peace of mind. It's also a huge plus that it comes with various
perks, from guilt-free shopping to traveling the world.
According
to Scott Tominaga, the first low-risk, the high-gain option is P2P or peer-to-peer lending.
P2P
is an online investment that matches borrowers and investors in mutually
beneficial loans. It is worth considering as among the primary investment
choices. P2P often pays out higher interest rates than your typical
stocks.
A
sound second choice is annuities.
Annuities
are investment contracts between an investor and an insurance company. These
contracts come in various forms. They can either be variable or fixed. That
said, annuities usually guarantee a return by a particular date. Though these
often hinge on how the stock market fares, Scott Tominaga says the contract may
include a provision limiting downside risks.
cota.com.au
Lastly,
it would be best to look at real estate
investment trusts, otherwise
known as REITs.
Here
one invests in mortgages and direct equity positions from different
properties. REITs pay dividends to their investors. The yields here are
often higher than what you can gain from stock dividends. This is a great
option when the stock market is in decline. This is because they are not
correlated with exchanges in stocks, adds Scott Tominaga.
ScottTominaga is the Chief Operating Officer of PartnersAdmin LLC. He has
almost two decades of experience in the hedge fund and financial services
industry. His company was established in 2008 to provide a quality,
outsourced solution to the alternative fund industry's dynamic back office
needs. Visit this page for more on Scott
and PartnersAdmin.
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