Consumer Spending Down In China

Could that even be possible? I was reading an article on Bloomberg.com today called Consumer Spending Fades In China. It was talking about how China's consumer spending has fallen over the past two years. Makes sense doesn't it?

How much does China export? Go to a local Wal-mart, Target, or any store for that matter and see how many products are made in China. I did it today at Target. No, I didn't read the labels on every product in the whole store but I did a small unscientific sampling.

My results: 8 out of 10 products were made in China. Kind of makes sense right? United States economy in trouble, China suffers. It always takes a year or two for those kinds of economic results to show up so what we are seeing is actually a two year old spending slowdown around the world. Now it finally shows up in China. It might be time to cut back on international mutual funds with high concentration in Chinese consumer stocks.

Or you could always just invest in fixed index annuity and be worry free. You can invest in the indexed options that are international and just in case the market drops because of China's problems or anyone else's problems you would be worry free and protected! An indexed annuity never goes down and your earnings lock in each year. You can increase your income with annuity laddering and then invest more aggressively without fear of loss.

A lot of people also have a lot of concerns about commission and withdrawal penalties for annuities. Be sure to understand how it all works before investing.

Take a look. You will be glad you did.