The insurance will cut into your yield a bit, but if it makes you feel more comfortable you should get it; though you can’t get it on every issue. It gets me angry when I see people like Gross get out there & say this stuff when it’s just not true. It’s also important that retired people out here know that there’s someplace to go & still get decent yield.
I will definitely look into the insurance, thanks for the tip.
As far as Bill Gross goes, I think he is talking about GDP growth, not yields.