BizRadio's Jack Warkenthien: Beat the Market and Secure Your Retirement Income
Posted on July 30, 2008 at 01:00 AM EDT
SUGAR LAND--July 30, 2008--Your retirement income could be at risk. Many companies are cutting their defined benefit plan and making life more difficult on retirees. General Motors (NYSE:GM) (Detroit, Michigan) is at the forefront, cutting health care to retirees over 65. For those being affected and for those who are looking to escape from tired mutual fund returns, BizRadio's Jack Warkenthien has an idea for you. Stocks like Bank of America (NYSE:BAC) (Charlotte, North Carolina), American Capital (NASDAQ:ACAS) (Bethesda, Maryland), Citigroup (NYSE:C) (New York, New York) and Pfizer (NYSE:PFE) (New York, New York) are all paying large dividends right now that could be your way to beat the market, if you're willing to be a patient investor. And finally, listen in as Mr. Warkenthien points you to the sector to watch as our angst over the sagging economy continues.