Disclaimer

The views, thoughts, and opinions expressed in this book belong solely to the author, and not necessarily to the author’s employer, Capital Investment Advisors, LLC. This publication is provided for informational purposes only and should not be regarded as personalized investment advice or a reflection of the performance of Capital Investment Advisors, LLC, or its clients. Investors should seek advice from a qualified financial advisor about their specific situation prior to implementing an investment strategy. The information provided is not an offer or solicitation of any product or service.

Current and future markets may differ significantly from those illustrated herein. Past performance is not a guarantee of future returns.

Any changes to assumptions that may have been made in preparing this material (e.g., the retiree surveys) could have a material impact on the information presented. There is no representation or warranty as to the current accuracy, reliability, or completeness of nor liability for decisions based on such information, and it should not be relied on as such.

Investing in securities involves risk of loss. Equity investments are subject to market risk or the risk that stocks will decline in response to such factors as adverse company news or industry developments or a general economic decline. Dividend yield is one component of performance and should not be the only consideration for investment. Dividends are not guaranteed and will fluctuate. Among other things, fixed income investments are subject to interest rate risk, reinvestment risk, and inflation risk.