Wall Street's New ‘Income For Life' Offer Could Cost You $5,000/Month [Forbes]
Liberty All-Star Growth Fund, Inc. (ASG)
US:NYSE Investor Relations:
all-starfunds.com
Company Research
Source: Forbes
One of the biggest retirement-investment mistakes you can make is to make things more complicated than they need to be. Funny thing is, Wall Street actually makes it easy to fall into this trap! Case in point: A new “financial product” from a group of companies, including BlackRock, that combines target-date funds and annuities. We'll get into why this isn't a strong retirement option for those still working in a second. Then we'll stack it up against a “straight down the middle” 9.2%-paying that gives you the dividends, liquidity and growth necessary to fund a more comfortable retirement—maybe a lot sooner than you think. First, let's dive into the worrying retirement stats behind products like this. $2,061 a Month Is Nobody's Idea of a Comfortable Retirement The average retirement account is worth just $88,400 today, according to a Northwest Mutual study. And the Federal Reserve estimates that Americans between 55 and 64 have an average net worth of $364,000. Neither of t
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News
- The Secret Behind These 2 Heavily Discounted CEFs [Forbes]Forbes
- Liberty All-Star® Growth Fund, Inc. May 2024 Monthly UpdatePR Newswire
- Liberty All-Star® Growth Fund, Inc. Announces New Portfolio ManagerPR Newswire
- Liberty All-Star® Growth Fund, Inc. April 2024 Monthly UpdatePR Newswire
- USA: 10% Yield On Value And Growth [Seeking Alpha]Seeking Alpha
ASG
Sec Filings
- 6/14/24 - Form PRE
- 6/10/24 - Form 3/A
- 6/10/24 - Form 3
- ASG's page on the SEC website