Keep More of What You Earn
10 Mutual Funds for Tax-FREE Income, Growth and
Diversification
>Avoid 1% to 3% sales fees and commissions on your account.
>Use low-cost mutual funds that are well diversified.
>Use a special IRS account to protect all your interest and gains.
Isn't it time you started using the low-cost high-return mutual funds the pension fund managers use?
You may not have the $ millions that pension fund managers have in their accounts, but that is no reason you can't Keep More of What You Earn like they do. You can also use a tax-advantaged account like they do. Get started in 1 hour. Presented by Law Steeple, MBA, one of our Insiders. Just $12.95.
No secret to having money: Invest early and spend less
New survey
says HALF (47 percent) of the 1,038 respondents pointed to “living within my
means” while more than a third (35 percent) say they “started saving from an
early or at a young age.” Forty-two percent say saving for retirement is their
primary financial goal. What is new is how to build wealth ON YOUR OWN and
tax-FREE: http://www.amazon.com/The-ABCs-Building-Wealth-accumulating/dp/1468033344
Preferred auto insurance customers wasting premiums
Texas Office of Public Insurance Counsel found that the
longer customers stay with a company, the more likely they are to pay more than
they need to. The analysis found that the insurers' risk of loss is less the
longer you stay with the company, meaning you become more profitable to the
company the longer you stay around. While the savings will vary from person to
person, long-term customers are likely to be paying too much.
The report was meant to be a siren call to shop around for home and auto policies.
Our Guides show the ‘tricks of the trade’ to save: http://www.amazon.com/Industry-Insiders-Guides-Buying-Insurance/dp/1466435712
ObamaCare forced insurers to return premium overcharges
What else does ObamaCare do for you?
Romney now says he will keep ObamaCare benefits ….
Sort of… (if you qualify?)
Romney does FLIP
right on TV—he will gut ObamaCare, Then won’t, then will again!
On Meet the
Press yesterday he said he intended to reform the health-care system to
allow people with preexisting conditions to obtain health insurance. However, Romney
doesn’t have a plan, or even a vague outline of a plan, to cover people with
preexisting conditions. To preempt a conservative freak-out, Romney’s campaign clarified
to National Review that its actual position remains, “Governor Romney will
ensure that discrimination against individuals with pre-existing conditions who
maintain continuous coverage is prohibited.” What does that mean?
The key clause
here is “who maintain continuous coverage.” Romney is saying that if you have
health insurance, you won’t get kicked off health insurance if you develop a
serious condition, even if you switch insurers. That’s not the same as finding
a way to give coverage to people who are locked out of the insurance market for
medical reasons. It’s not even a new proposal. That right has existed in
federal law since
1996. It’s possible Romney is saying he wants to strengthen it but, as Jonathan
Cohn has explained, that’s really hard to do, and even if he could, it
would be a very limited change that would affect very few people.
GOP captures the undecided by using half-truth sound bites?
Ryan lied about running a fast marathon!? Can we trust this man?
Runner who first questioned Paul Ryan’s marathon time speaks
out. http://news.yahoo.com/blogs/ticket/runner-first-questioned-paul-ryan-marathon-time-speaks-155321505--election.html
“Turns out Ryan never ran a marathon in that time; a
campaign spokesman was forced to walk back the comment.”
Why would he make up such a lie? Just to influence runners?
Does Ryan think we are stupid that no one would check him
out?
Do all Republicans think this way?
CA approves pay-for-miles-driven program
Regulators approved an auto filing by Esurance that will
allow its policyholders to voluntarily participate in a unique pay-drive
verified mileage auto program. Under the company’s “Drive Less, Save More”
program, customers provide odometer readings each term for possible additional
savings on their car insurance. Other companies that offer pay-drive programs
include: The Automobile Club of Southern California, State Farm, CSE Safeguard
Insurance Company and the Sequoia Insurance Company of Marin. Learn all the
‘tricks’ to lower your premium with our Guide: http://www.amazon.com/Industry-Insiders-Guides-Buying-Insurance/dp/1466435712
Vanguard low-fee
ETFs shaking industry to core (profits)
Vanguard's ETFs
have attracted 70% of the inflows over the past three years, according to a
recent AllianceBernstein LP research note. “A fee cut could go a long way
toward helping their [BlackRock] products compete more directly,” said Mike
Rawson, an ETF analyst at Morningstar Inc. The battle between the two
firms' emerging-markets ETFs is the clearest example of the shift that's been under way. The
iShares Emerging Markets ETF (EEM) and the Vanguard Emerging Markets ETF (VWO)
track the same index but the Vanguard ETF has an expense ratio of 0.22%, 45 basis points lower than the iShares
product.
Members know there is no difference between the two funds
except sales charges, which reduce the size of their nest eggs. http://www.amazon.com/Wealth-Without-Wall-Street-Commissions/dp/1442168137
Is your income going backward?
Median incomes
fell 1.5 percent in 2011, while the official poverty rate ($23,021 for a family of four) remained
essentially unchanged at 15 percent.
A family right in
the middle of the income spectrum had an income of $50,054, which is actually lower than the 1989 median level
of $50,624 expressed in 2011 dollars. The implication: For much of America the
economy has produced not just one lost decade but two. Stagnation has even hit
wealthier and more educated households (the 95th percentile in the Census
data) for the past decade. http://www.myfoxspokane.com/news/economy/story/us-incomes-fall-1989-levels-how-did-happen
Top 1% of
America’s wealthy now take double the national income http://www.nytimes.com/2011/10/26/us/politics/top-earners-doubled-share-of-nations-income-cbo-says.html
Top companies
have moved their work overseas for lower wages and tax benefits.
SCAMS “Only
the little people pay taxes.” Leona Helmsley
Wealthy already plan to avoid new tax—The Romney way
Tax planners are developing ways to help clients avoid the
taxes set to take effect next year. Advisers are devising methods for
high-income taxpayers to shelter investment and other forms of income.
Obama's healthcare law
imposes a 3.8 percent tax on investment income and a 0.9 boost in payroll
taxes, both applying only to individuals earning more than $200,000 a year or
households earning more than $250,000. That is about 4 percent of the
tax-paying population, according to the non-partisan Tax
Policy Center
Among ways these taxpayers might be able to avoid the full brunt of the new taxes:
cashing in gains this year instead of next; characterizing income as active instead of passive; and moving profits into vehicles or
structures not subject to the tax, said a range of tax experts. Of course, law
firms and real estate partnerships are exempt.
The 3.8 percent tax is assessed on top of the existing 15
percent tax rate on income from capital gains, dividends and other investments
for the $200,000-in-income-and-up set. The tax applies to investment income
from dividends, interest, annuities, royalties and rents - except for income
earned in the ordinary course of a trade or business.
This 18.8% tax is still less than the 20% capital gains in
effect under Clinton
Corporations
don’t need another tax break to open more factories—They went overseas
Corporations are holding record amounts of cash. And none of them wants to keep it in the
U.S.Cash holdings for U.S. non-financial firms rose 3% to $1.24 trillion,
according to Moody's. That tops last year's all-time high of $1.2 trillion.
Moody's also estimates nearly $700 billion, or 57% of the corporate cash
total, is held overseas. The ratings agency attributes this to emerging-market
strength, dividends and high levies on repatriated cash.
"Without
permanent reform that lowers the tax on overseas profits, Moody's expects the
absolute and proportionate amount of cash held overseas will continue to
rise," the firm says in its release. Even among corporate behemoths,
there's a 1%: Apple, Cisco, Google, Microsoft
and Pfizer accounted for 22% of all cash balances. Apple alone represented 8%
of all holdings.
How did we get
here
National Debt Graph by
President
IAN
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