(PBRG) – This under-reported story reveals a serious flaw in the plans of older investors…
Teeka Tiwari, former hedge fund manager and youngest-ever vice president at Shearson Lehman has an urgent message for older investors.
And it has nothing to do with a crash in the U.S. dollar.
Quite simply, Teeka predicts an event later this year that will expose a critical flaw in the retirement plans of American investors. Especially those who have loaded up on income investments since the crash of 2008.
According to Teeka: “When this event runs its course, it will re-write the rules of income investing.”
If he’s right, as many as 338 investments most people consider “blue chip” could fall by as much as 80% when the government makes a policy announcement later this year.
Investors who aren’t prepared may be wiped out. And retirees with fixed income investments will likely be hit the hardest.
MUST WATCH: 36 “Safe” Income Investments to Avoid in 2015
Bank of America and Goldman Sachs have already issued similar warnings to their high net-worth clients.
If you have any money in dividend stocks, bonds, or MLPs, you should pay close attention.
Few people understand the danger and opportunity of a market crash more than Mr. Tiwari, who made a fortune during the Asian financial crisis of 1998.
But it’s not all doom and gloom.
In February 2007, he warned his private clients to steer clear of the sub-prime mess in time to avoid disaster.
And now he’s put together a presentation to help inform and prepare investors for this looming threat.
According to Teeka, there are three things you should be doing right now to safeguard your wealth.