Your Unbiased Advisor: Is your broker/advisor like this?

Is your experience with a broker/advisor like this one?
This woman had a typical financial ‘professional’ experience but survived. Did you have a similar experience? Luckily, the situation has changed for us long-term investors. You don’t need a market ‘expert’ since the tools are available to anyone. Investing was made simple by Vanguard’s John Bogle and actual experts like Buffett. You don’t have to pass the series 7, 63 test to know how to improve your long-term investments. You don’t need an MBA or CPA. You don’t need to ‘play’ the market to succeed at investing. You need to know the basics: stocks earn 11% long-term; less volatile bonds earn 7%. It is too dangerous to own individual securities unless you have insider information. Low-cost mutual funds were created to make buying and holding securities safe and easy. Investors, not speculators, use mutual funds that own both stocks and bonds and produce over 9% a year during our working years. You double your money every 10 years. Vanguard made it safe and easy without a costly middle person to take up to HALF our earning power.

Start investing smart: https://www.amazon.com/Ensure-Your-Financial-Health-with-Wealth/dp/1466388293

Avoid paying for the secret $170 Billion tax break to the rich

Inside the $2.2 Trillion virus legislation is a hidden provision: a $170 billion tax giveaway. This last minute addition appears to be tailor-made for the benefit of wealthy real estate investors such as President Trump and his son-in-law, Jared Kushner, who is running one of Trump’s coronavirus task forces. The GOP giveaway for these millionaires and billionaires has little to do with the coronavirus: It lets them offset losses not just from 2020 but from 2018 and 2019, before the pandemic. This provision gives tax filers who earn more than $1 million a year an average windfall of $1.6 million this year alone. The Joint Committee on Taxation found that 82 percent of the benefit of this and another tax giveaway in the coronavirus relief bill will go to the 43,000 taxpayers who earn more than $1 million. Real estate developers, a major component of pass-through businesses, received $67 billion in tax breaks in the 2017 Trump tax cuts, partially offset by new limits on the losses that could be deducted. The new law gets rid of the limits — a conservative goal for the past few years.

Avoid paying for their tax break: https://www.amazon.com/Tax-FREE-Retirement-code-lifetime-income-ebook/dp/B008SCAMUK

Is it smart to raid your 401k?

The CARES Act from Congress eliminated the 10% early-withdrawal hit, and 20% federal tax withholding, on early 401(k) withdrawals for those impacted by the crisis. Before you give up all that future retirement money, make sure you use other resources: your $1200 or $2400 check. If you must have cash to buy essentials now, you have it. Doctors, landlords, lenders, utilities can wait—they have reserves and access to federal lending programs we don’t have. Many states are making evictions and shutoffs illegal. If you have been laid off, explore your health care options. Trump says he will pay hospitals for C-19 care but what if you break a leg running your part-time business or fighting to get into the grocery store. Use some of your money to start/expand a hobby. People need something to do at home so offer your hobby, books, toys etc over the Amazon, eBay, Craigslist, Facebook Marketplace sales process. You may be allowed a tag sale in your front yard as long as you have 6 feet lines on ground. Ask your employer for help: vacation pay; forward sick time, student loan, etc. Ask your vendor for a couple of months wait in writing. Remember, $10,000 in your 401k is worth about $70,000 in 20 years; 200,000 in 30 years compounded in a stock market index fund.

You have a bright future: https://www.amazon.com/Your-Retirement-Income-Checklist-TrumpWorld/dp/1544703260

GOP turns to socialism to bailout every friend: oil, gas, airlines, now agriculture

Socialist Trump regime buys crops and livestock from farmers ranchers. We taxpayers will pay for the bailout later in higher taxes. When we have a crisis, it is not the wealthy with money that bail out their industries: They have already moved their money overseas. Who gives money to failed firms—even capitalist’s own hedge funds? It is our government—us taxpayers. Trump’s regime even bought part of the airlines in form of warrants: This is called socialism. No need to fear it. We bailed out the financial sector in 2007-08 and many industries in previous times. In fact, we have been paying subsides for 100 years.

Why is it so hard for some to understand that government (our future taxes) should bail out our medical health system too? We deserve a subsidy since many of the 22 million out of work will not have health care now. Medicare works because people in need of help; get help efficiently. Rich people don’t reject Medicare help.

Let’s bailout those who really need it: https://www.amazon.com/Americas-Socialism-Rich-little-people/dp/1535218584

Trump’s huge 2017 tax break for the rich cuts our future benefits

Social Security and Medicare funds were at risk before the $2.8 trillion stimulus. Our future is less secure now that Congress has given for-profit industries another windfall. Instead of letting the market sort out the best use of capital, companies with the money to lobby our Reps are taking away our future social supports—SS and Medicare have lost years of future funding. SS trustees report that we will be lucky to receive 79% of our benefits by 2035. Medicare is expected to become insolvent in just six years. You still have one move: invest in the recovery in a free tax-free account—have more later.

Invest tax-FREE: https://www.amazon.com/Your-Hidden-Wealth-Reserve-Reduce/dp/1540435148

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Like 1776, this period is a test of democracy—do we really want ‘low-IQ’ Mobster?

If it takes a village, the village idiot is in charge: “metrics up here” (his head)

Idiot declares: “We have the right to do whatever we want”

Idiot: "injection" of disinfectant; “powerful light” cures virus

Idiot’s night tweet: “I will suspend immigration” (already done.)

Idiot: I’ll bailout big oil instead of capitalism: need election $

Idiot: I will sue states that don’t reopen: my supporters yell

Idiot: I 'disagree strongly' with Georgia reopening: GOP confusion

Idiot fires vaccine expert for using scientific testing

Idiot: I want war with Iran: wartime prez sure re-election