Forex trading firm pledges to help Americans rebuild IRAs, 401(k)s outside the stock market
NEW YORK, Sept. 9, 2009 — There is a crisis in America, and it’s hitting baby boomers the hardest: The IRAs and 401(k) accounts that have taken some investors their entire working lives to accumulate have been decimated in the last 12 months. According to Madison Dean (http://www.madison-dean.com), an 11-year-old asset management firm on Wall Street, many investors have lost between 40% and 60% of their retirement accounts since last fall – and some accounts are down more than 90%.
“History has shown that on average, it takes the market a minimum of seven years to rebound from losses like this,” explained George Athan, president of Madison Dean. “Realistically, we haven’t seen something this dramatic since the Great Depression, which means it is more likely investors are looking at a ten-year period before their portfolios are at par.”
To speed up that process considerably, Madison Dean has announced it will manage all U.S. investors’ retirement accounts commission-free, starting today. The company will work one-on-one with every investor who wants help rebuilding his or her portfolio and create an individual trading plan based on the investor’s unique financial goals, risk tolerance and profit objectives – all free of charge.
Madison Dean is able to help investors replenish their retirement accounts quickly because the company trades exclusively on the Foreign Exchange, or Forex, market. It is the largest, most diverse, most liquid market in the world, trading currencies 24 hours a day, and it is not affected by the ups and downs of the much more volatile, archaic stock market. In fact, because money is the only asset in Forex trading, prices remain more stable than do those of the futures or stock markets.
“All investors with IRAs, 401(k)s and other retirement accounts will benefit from Madison Dean’s assistance,” Athan stated. “We feel that this will be a major contribution and we know the positive impact it will have on our country.”
About Madison Dean, Inc.
Founded in 1998, Wall Street firm Madison Dean specializes in managed Forex accounts tailored to meet clients’ individual needs. The firm services high-net-worth individuals and institutions and features a performance-based fee structure. To learn more, visit http://www.madison-dean.com.
Contact:
George Athan
Madison Dean
110 Wall Street, 11th Floor
New York, NY 10005-3817
(212) 804-5777
(888) 94FOREX
http://www.madison-dean.com
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