Phil Cannella’s acumen when it comes to reading and interpreting business and economic trends is unparalleled in the industry. With his vast knowledge and background as to how different investment and financial vehicles work is an integral part of how he devised the exclusive Crash Proof Retirement System. Phil Cannella explains the impact that the Federal Open Market Committee has had on the American economy by keeping interest rates at or near zero for almost 10 years now. What this action was intended to do is keep people invested in the stock market by making it very difficult to get a reasonable return of one’s investments anywhere else. Banks could no longer keep up with inflation with CDs.
Many alternative investment vehicles fell by the wayside because of their inability to offer reasonable growth. Yet in stark contrast, stands Phil Cannella’s exclusive Crash Proof Retirement System which is designed to provide for a reasonable growth over time and staying ahead of inflation all while keeping an investor’s assets completely safe. Phil Cannella warns investors that the stock market is not a safe haven for retirement savings. When the Fed raises interest rates, as is expected in December, investors are going to start taking portions of their investments off of the stock market and place it into other alternative investments that can offer safer growth.
Phil Cannella advises his clients to follow the age-old maxim of “buy low and sell high.” The market is at an all-time high and now might just be the time to take one’s winnings and put it into a haven of safety where it is impervious to market volatility and risk, and where guaranteed protection and stable growth can be accomplished.