The worries of the bond bubble are on every headline and talking head. Yet investors are still too scared to act. In today’s show I mention that it’s not Cypress that the average saver should be paying attention to. But instead, we should be thanking Bernanke that he is giving us time to adjust our investments before they face the shock of rising interest rates.

We talk about bond funds being especially at risk, having lost a significant portion of their value in just the last month! While the alternatives to Bonds are either cash or something more risky, there are financial products that exist to help cautious investors obtain the downside protection they are seeking. Listen in as I introduce one of the most complicated investments that despite their drawbacks, are having record sales. The variable annuity is something to be skeptical of, but most who own them are pretty darn happy. How will you find a way out of bonds?

Mike McCormick joins the Mark Allen Show every Friday morning at 8:15AM on 1450 KMMS AM to talk about what’s happening currently in the financial world. Contact Mike McCormick at 219-3984 and online at mccormickinvestmentadvisor.com