Ohlson Group

Intended for Agent Use Only. Not for Use by Consumers.
Call us today at 1-877-844-0900

Ohlson Group
  • About
    • Company Overview
    • Our Services
    • Who We Are
    • Video Testimonials
  • Amplify Your Business
    • Safe Money Places Marketing Program
    • Agent Website
    • Email Marketing
    • Lead Generation
    • Agent Software
  • Products
    • Our Products
    • Our Carriers
    • Product Training
    • Request a Quote
    • Online Contracting
    • Product Searches, Quotes, and Forms
  • Incentives
  • White Papers
  • VIDEOS
    • Prospecting Tip Videos
    • Recorded Webinars
  • Members Only
    • Agent Portals >
      • Online Contracting
      • Firelight e-App
      • Email Marketing Login
    • Annuity Lead Resources
    • Product Searches, Quotes, and Forms
    • Safe Money Places Agents >
      • Client Videos
      • Consumer Guides
      • Presentation Material
      • Personalization Request
      • Safe Money Places Logos
    • Client Marketing Kits >
      • Wealth Transfer
      • Personal Pension Plan
      • Worry Buckets
      • 5 Financial Hazards
    • Agent Training >
      • Product Training
      • White Papers
      • Training Videos
      • Recorded Webinars
    • Business Resources
  • Blog
  • Quote
  • Contact

Volatile stock market creating worldwide havoc… What’s an advisor to do?

8/24/2015

Comments

 
Picture
The past six negative days in the stock market is creating worldwide concern. The Dow Jones Industrial Average was down over 10% at the Friday closing.  The S&P was down just under 8% from its high in May.  Things didn’t start out any better this morning, as the Dow opened down over 1000 points.  The market, as I am writing this, has improved. But, all three major indices are down approx 3% in early trading. Other areas to note are the yield on the 10 year, which is now under 2%, and the price of oil well under $40.

So, what does the short term and long term financial future hold in store for us and our clients?  Bottom line…this is the United States of America. We are not a “third world country” and we will get this back. We always have …and we will. But, there is always a question of timing. So, if you will allow me, I would like to speak to you as a consumer, agent, agency owner, IMO and former Insurance company president that has developed markets all across the world. So, please take this in the spirit intended. I am not giving investment advice. And, if I had all the answers, people would be paying me to write this. Here we go.

The first thing you should do now is… call all of your clients and good prospects  now…leave massages and speak to them, as opposed to writing a blanket email to all. As a consumer, I am sick to my stomach about the money I have lost the past 6 trading days. But, I am thankful that I don’t have any immediate or near term plans on retirement. Therefore,  I will continue to buy low and ride the market back.  But, what about the “Safe Money”? That is a different story. You need to spread the “good news” for all of your annuity and life clients. They did not lose a penny, and all past gains were protected from loss.  Is this a great service that we are providing to Americans?  The answer is the resounding yes.

What about you clients that want to wait this thing out, ride the market back up and then start the annuity?  Nonsense… if they are in, or near retirement they need a “Safe Money” place. And, it is very important that we, as advisors and agents, present the best products to fit their needs. We have to give them complete information. Knowledge=  power. The more the client knows…the better the decision making process.

Let’s put things in perspective. The market was due for a correction. The last correction ended in October 2011. Way overdue.  Also, the market was down on Black Thursday 1987 by over 500 points. Big difference… that was a 20% decline. 500 points today is approximately 3%.Will the market recover?  When? How much?  Your guess is as good as mine. Are there products that we can present to keep our clients safe that are near or in retirement?  The answer is yes. Which products?  That is a good question.

As I said, I have been in about every chair in this business. I always want to do business with a company that is highly capitalized, is credible and has a history of treating clients fairly.  Remember, the first year rates in an annuity have very little to do with the overall returns. Rates can change in the future. I take great pride in being able to read the statutory reports filed by the insurance companies.  I also have the ability to look at a product and determine if the client has a great chance for long term success. I also have the experience to sniff out the products that are going to have to tank rates to make the desired profits. That is what we are here for.  We have some products that we think are ones that need your consideration when speaking to prospects and clients. Give us a call if you would like us to point you toward what we consider, as the best products for this type of market.

Finally, keep on fighting the good fight. This financial time illuminates the reasoning that the Department of Labor has no clue as to the very important role we play in assisting the vast majority of Americans in the quest for a tranquil retirement.  Good selling.

Comments
    LEARN ABOUT OUR DIGITAL MARKETING AND LEAD PROGRAM
    Picture

    Archives

    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    January 2015

    Categories

    All

    RSS Feed

CONTACT INFORMATION:
11611 N. Meridian Street | Ste 110 | Carmel, IN 46032
Toll-Free: 1-877-844-0900 | Fax: 317-844-4422

Book an appointment now
QUICK LINKS:
Marketing & Tools:
Product Searches
Marketing Programs
Lead Programs
Agent Software
Creative Services
Agent Training:
Training Videos
Recorded Webinars
Agent Guides
White Papers
Members Only:
Online Contracting
Agent Training
Product Training
Safe Money Places Marketing Kit
Business Resources
THIS WEBSITE IS INTENDED FOR AGENT USE ONLY. NOT FOR USE BY CONSUMERS.

INFORMATION CONCERNING COPYRIGHT INFRINGEMENT CLAIMS 

The Ohlson Group, Inc. provides links from its website to various third party sites which may enable you to obtain locations and information outside of The Ohlson Group's control. The Ohlson Group, Inc. neither controls nor endorses such other websites, nor have we reviewed or approved any content appearing on them. The Ohlson Group, Inc. does not assume any responsibility or liability for any materials available at these websites, or for the completeness, availability, accuracy, legality or decency of these sites.

CLAIMS OF COPYRIGHT INFRINGEMENT
The Digital Millennium Copyright Act of 1998, as amended, (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that materials we host infringe your copyright, you (or your agent) may send us a notice requesting that we remove the material or block access to it. If you believe in good faith that someone has wrongly filed a notice of copyright infringement against you, the DMCA permits you to send us a counter-notice. Notices and counter-notices must meet the then-current statutory requirements imposed by the DMCA; see http://www.loc.gov/copyright/ for details. Notices and counter-notices should be sent to info@ohlsongroup.com. The Ohlson Group, Inc., (877) 844-0900. We suggest that you consult your legal advisor before filing a notice or counter-notice. Also, please be aware that there are penalties for false claims under the DMCA.

The Ohlson Group Inc, and or Raymond J. Ohlson CLU, CRC is licensed to do business in all states except New York.

Privacy Policy
​

STAFF LOGIN

Copyright © 2021 The Ohlson Group, Inc. All Right Reserved.