Your first investment choice during a pandemic
If you are just getting your investment plan started—new job
or new try in the market—what is the best choice? During this time of
volatility and lack of trend or direction, you need a single fund which owns the
major profitable companies:
1 Microsoft Corp.
2 Apple Inc.
3 Amazon.com Inc.
4 Alphabet Inc.
5 Facebook Inc.
6 Johnson & Johnson
7 Berkshire Hathaway Inc.
8 Visa Inc.
9 Procter & Gamble Co.
10 UnitedHealth Group Inc.
You need to begin with a low-cost fund (0.04% expenses) so
you can keep almost all of your profits—none to the seller. You need an
affordable fund that you can buy in one decision. Many of the stocks in this
fund pay dividends so you can buy more shares without having to use your own
money. These firms share their profits with you as they grow. These companies
are very unlikely to go out of business so you won’t lose money over the next
5-10 years. Over
time this fund earns 11%. Since these stocks are owned by millions of
people you will be able to sell them to get your money back easily. This
fund is recommended by one of the greatest investors of all time—Warren Buffett.
In fact he thinks this is the only investment you will ever need to
consistently beat
Wall Street professionals. Most
pros quit before their fund sinks. Use the most successful way.
First and only fund: https://www.amazon.com/Give-your-child-leg-up-manage/dp/1096505355
Our government just bought a trucking company: Socialism
YRC Worldwide, a troubled trucking firm, just gave us a 30%
share of the company for $700 million. Justification: Congress gave permission as
a way to ensure taxpayer funds are not misspent. Unlike the bailouts to major
for profit corporations back in the recession of 2007-8, we got an ownership
stake. Our reps approved this socialistic move to “enable a critical vendor to
the Department of Defense to maintain significant employment while providing
appropriate compensation to taxpayers.” YRC (Roadway, etc) has 30,000 trucking
jobs that “support essential military supply chain operations.” But remember,
we, the U.S.
Avoid taxes to pay the rich: https://www.amazon.com/Americas-Socialism-for-Rich-little-people-pay/dp/1535218584
Your advisor must follow Reg BI now
Reg BI mandates that brokers/advisors must now meet a “best interest”
standard, rather than a suitability standard, when making recommendations
to us. The old rule was suitability:
brokers had to have a “reasonable basis” to think that a suggested product,
service or strategy for an investor was “suitable.” Basically, brokers/advisors
did not have to be concerned with our “best interest” as long as their
advice/product did
no harm. So a bank CD or annuities were considered “suitable” for anyone
wanting to “preserve capital.” We did not know commission on one was 20 times larger
than the other. On July 1 Reg BI requires brokers to develop and enforce
policies that were “reasonably designed to identify and eliminate” sales
contests, quotas or other types of noncash compensation that were tied to the
sales of particular securities or types of securities. So we have to ask our
advisor: “why do you recommend” this product and “how do you get paid” and “how
much are 12b-1 fees.” Advisors are really salespeople and their well-being
comes from our money. Usually we don’t ask these important questions to
determine the best for us and sellers
don’t mention the ‘best’ for us. Sellers only sell what they are told to
sell.
Our “best interest” not theirs: https://www.amazon.com/Fiduciary-Rule-BEST-dont-anymore/dp/1530980275
Your driving record and history are public
Your car insurance rate is calculated based on many factors.
And your driving record and full history are public record: Your
driving record contains all in-state offenses as well as information about
the current status of your license and other important details your auto
insurer or litigants might like to know. Your accidents as well as speeding
tickets and other civil infractions, including tickets you beat. Even if you've
been found innocent, the fact that your driving has been called into question
might help the police decide whether you should get a ticket. Police have
access in their cars—that’s what they are doing when you get stopped and they
go back to their car. Your criminal record is also checked. Insurers use age,
socioecon, income, gender, location, type of car, type of coverage requested,
credit history, miles driven (work and leisure), use of car (pooling), and
driving course. Insurers
know more about you than your family! Some
track your drive.
You must ask for discounts: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634
Financial Independence
What is it? How do you get it? How long does it take? What
are the benefits? You don’t have to be wealthy to be able to make independent
financial decisions. Independence
Leah did it and so can you: https://www.amazon.com/Leahs-Money-Book-control-money/dp/1448654408
Tax return due July 15: Extension automatic with form
If you could not meet with your preparer and can’t complete
the online tax return using one of the FREE software programs, you can
obtain an extension to October 15 just by filing a form with an estimate of
what you owe. IRS wants the money—the return can wait—since they have 3 years
to find any errors. Fill and print and pay form: https://www.irs.gov/pub/irs-pdf/f4868.pdf
**********ACCOUNTABILITY**************
Like 1776, this period
is a test
of democracy—do we really want ‘low-IQ’
Mobster?
Mobster refuses NJ
quarantine order for his mob
Mobster’s use of Pentagon funds
for his Wall is illegal
Impeachment didn’t work: Vote
mail-in might
Mobster more
worried about vandalism than Blacks being killed
How Govt wastes our money: Congress
gives 3.7 Trillion to the wealthy!
Trump
told to release immigrant children being detained in cages by non-Trump
judge
C-19
treatment will cost over $3,000 in US; less outside: Gilead
stockholders win big!
Paycheck Protection
Program renewed
with $130
billion left unused
IRS cuts
enforcement: chance
of collecting BIG bucks from wealthy low. Poor get audits.
Another bank
bailout from leveraged assets on the way: bankers will need our taxes again
SCAMS/SPINS:
Trump ignores
science: Arizona
facing more per capita cases than any country!
Trump
mob on more virus deaths: “we
just have to live with that.” Mob tested daily!
Trump puts anti-conservationist
in charge of Land Management: Drillers delight
Cowboys
for Trump refuses to register membership: want anon. action in elections.
Virus ‘FREE’
test may
cost $ hundreds depending on your situation/insurance/place/time
Boeing hiding
documents about changes made in key system flying doomed Max 737
Arsenic
in some bottled water: use over time gives you cancer
Facebook admits to
wrongly sharing user data with third party apps yet
again
Liz’s (R-Wy) dad Dick
Cheney, wearing a mask and the hashtag “#realmenwearmasks”
TrumpCare
health plans caught
“deceptive” “misleading” marketing: pay less; get less
A national police
misconduct database not possible: states decline to be accountable
"As long as I'm the majority
leader of the Senate, none
of that stuff is going anywhere.”
Except The Don
wants to end desegregation law: Senate to Make America White Again
Supremes
OK state money for private/religious schools: end church/state separation.
Supremes
block absentee voting in Alabama
Jobs
Microsoft
will close nearly all of its retail stores: call centers will fix all
problems
White supremacists
and Neo-Nazi
National Guards hide in plain sight like racist police
Trump
cultists fill military/judiciary: Generals
do photo ops and GOP
judges last decades
Roundup $10 billion cancer
settlement yields lawyers $3 billion fees, plus
costs!
Is pandemic pushing
you to retire
early or work longer? Older poverty rate jumps to 54%
Political
jobs pay well but you must k*** a** every day.
Who owns your account now?
American Air to pack ‘em in
so you are sure to catch
hoax from your co-passenger 6 inches
away
Air travel requires a ‘health
acknowledgment form’: you just say you don’t have virus to get
seat!
Options
for college: in-state fees, scholarships, discounts, low-income plans,
community,
Rent assistance: some states
offer up to 6 mo help but enrollment time is limited
Pay income tax in cash? Some
retailers take your tax money for a fee.
Is it time to
refinance? Rates are low but make sure you cover your costs.
Miracle:
Fed
orders big banks to avoid another recession bailout by taxpayers: how
smart!
Supremes
tell LA to let women’s clinics do their job: no extra doctor creds
necessary
More
child sex abuse complaints by Catholic priests/cardinals as church tries to
deal/cope/pay.
First patron
saint of the internet? Seriously? 15
year old given the title: child abuse?
Summer
vacation spots opening in the Artic: swimming, boating, fishing, swamping,
etc
IAN
41 Watchung Plaza,
B242
973.746.2014
Alert
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