Give Thanks you didn't buy crypto

 

How can we feel sorry for crypto speculators?

The financial industry is a for-profit one. It does not exist to help people invest. It can’t be trusted because each seller is promising to Make Americans Richer the easy way. Like Madoff, Sam Bankman-Fried learned a new con: get rich by “mining” a computer chip or betting on non-existant things—cryptocurrencies like Solana, which went from being several dollars a token in early 2021 to over $200. Some were convinced when a country decided to use pseudo money as their national currency. But a million FTX users have lost enormous sums. FTX will use any cash to pay the bankruptcy lawyers now. Few buyers recognized a con when they saw it. Few saw red flags as some accounts were hacked by people who can code well. Few appreciated how easily a byte or two could be stolen or misused. Some were lone gamblers: One lost his life savings, hadn’t told his wife yet, and was unsure how he was going to meet his mortgage payments. Some thought the FTX CEO was too rich to need to steal customer funds. Our most famous con man will now show us how to LOOK rich while using bankruptcy to cheat thousands of vendors, investors and banks. As one commentator reminded us years ago: ”There’s a sucker born every minute”.

We have the tools: https://www.amazon.com/Warren-Buffetts-Investment-Strategy-Forget/dp/1484822900

 

 

How much is your advisor costing you?

Everyone who has an advisor; loves them. They must or they would have fired them. But each quarter, advisors may be deducting 1-2% plus trading costs plus hidden fees like 12b-1 marketing fees. Most financial statements do not itemize costs or even list all the costs. Most are deducted from your gross earnings and thus only show the NET after costs have been deducted. To find your total costs, you will need an accountant or a lawyer to decipher the fee table located in a fund's prospectus, under “Shareholder Fees.” Next you will need to ask your advisor for a copy of the firm’s Pricing charts and the updates. You are charged for no activity, odd lots, statements, checks, transfers, research, etc etc. Depending on the size and activity of your account or accounts, your total costs may be close to 2%. If you are moving in and out of stocks, you could be losing money on sales (not every thing you buy makes money). Depending on the status of your account, your advisor could be trading without you agreeing to each transaction. Your advisor could be buying very speculative firm offerings without you knowing. Depending on what you said your goals and strategy were at your account opening, you could be paying 2% a year. You could be losing $thousands without knowing it. These costs can easily take up to “63% of what you would have had” during your retirement investing lifetime. That’s $250,000 instead of $500,000 nest egg.

Costs are important: https://www.amazon.com/Buffett-Strategy-854-000-not/dp/1978481020

 

Save more tax-deferred or tax-FREE in 2023

The 2023 401(k) contribution limit is $22,500, those 50 and older can make special catch-up contributions of $7,500. That means those 50 and older can contribute a total of $30,000 to their 401(k). The limit for IRA contributions in 2023 was $6,500. The catch-up contribution total remains $1,000. For traditional IRAs, the phaseout range for 2023 starts at $73,000 and ends at $83,000 for single taxpayers covered by a workplace retirement plan. For married couples filing jointly in 2023, the IRA phaseout range is $116,000 to $136,000 if the spouse making the contribution is covered by a workplace plan. For tax-FREE Roth plans, for singles and heads of household, the 2023 phaseout range is $138,000 to $153,000. For married couples filing jointly, the 2023 range is $218,000 to $228,000. The cost of living adjustment (COLA) for Social Security payments in 2023 is 8.7%. On average, Social Security payments will go up by $140 starting in January.

https://www.amazon.com/New-American-Retirement-System-ReserveTM/dp/1461030072

 

Is gold a good investment?

Many advisors are recommending gold as a hedge against a recession. It is true that gold and other commodities may be a great asset to own now but you had to have an epiphany to buy before. Since 2000, this popular gold stock lost 16% compared with the S&P 500 index ETF gain of 168%. Gold hit a high in April 2011 and has been down since.

iShares Core S&P 500 ETF (IVV) 397.78 USD+168.88% 

Barrick Gold Corp(GOLD) 15.62 USD-16.43%

It is better to hold the 10 best low-cost mutual funds that cover the whole market than to speculate on one asset. These 10 Vanguard funds have averaged over 11% for years.

https://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

 

Liberté Insurance: ‘Buy Only What You Need’

As they say, “buy only what you need.” So let’s check what you are over -paying for. Increasing your deductible from $200 to $500 could reduce your collision and comprehensive coverage cost by 15 to 30 percent. Going to a $1,000 deductible can save you 40 percent or more. In 2.5 years, you have saved the $1,000 deductible in case you need it. Consider dropping collision and/or comprehensive coverages on older cars. If your car is worth less than 10 times the premium, purchasing the coverage may not be cost effective. See what your car is worth by checking the retail price online then deduct 20% for wholesale. Shop around—use agents and direct sellers—ask about ‘bundled’ cover. Carriers change their marketing preferences every couple of years. You may save more by separating coverages. We had such a good deal on home and auto from different firms that we could never find a better deal by bundling. We switched car cover 5 times. High credit rating and low mileage saves you premium increases. Your employer, group or association may have a discount. There are 13 discounts available from some insurers. If you have health and accident insurance, you don’t need this one. If your credit card has concierge service, you don’t need roadside. Unless you rent often, rental car cover is not needed. Same for living expenses after an accident. Use your emergency fund.

Buy only needs: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634/

 

Has your advisor raised your portfolio value by 51% in the last 5 years?

Many readers have left their retirement money in index funds for many years. They believe Warren Buffett’s advice is sound. Here is the score: iShares Core S&P 500 ETF

396.26 USD+134.30 (51.24%) past 5 years. Warren Buffett gives credit to his buy and hold compounding strategy for reaching his $100 Billion net worth from his early paper route savings: “My wealth has come from a combination of living in America, some lucky genes, and compound interest.” Warren Buffett proved you can beat most Wall Street “professionals.” Plus, if your advisor is moving your money in and out of the market using his firm’s favorite stocks, bonds or ETFs, you may be giving up a lot of your potential gains. There is no perfect strategy to beat the recession we have been waiting for. Most mature investors have been through a downturn before. Most find that you are better off keeping your head and portfolio as is. The financial industry is not good at seeing the future, so when in doubt, do nothing.

https://www.amazon.com/Buffett-Bogle-Holy-Bible-Investment/dp/1523693045

 

Is a new car right for you right now?

The average monthly payment for us buying new cars climbed to $748 in October, an all-time high. The Transaction price was $48,301 in August—new car prices are $1,775 higher than they were a year ago. More than 14% of those who financed a new vehicle in the third quarter of 2022 committed to monthly payments of $1,000 or more, an increase from just above 8% a year earlier, according to Edmunds. On average, new luxury cars lose around 40-50% of their original value in the first five years of ownership. So you may save a lot by buying a used luxury vehicle. The value of your $748 a month payments may be $58,400 in 5 years when invested. If you took half of that for a 3 year old BMW, you may have $30,000 cash in 5 years and a luxury car too. A 2019 BMW X1 sDrive281 for $26,000 could be had for $435 per month. You could have your “new” car and $30,000 to your advantage. In 2-3 years you might have less inflated prices and lower interest charges. Actually, you could buy a more recent ‘used’ luxury car for the money you saved by waiting.

https://www.amazon.com/Money-Ball-Investing-Winning-unfair/dp/1548831409

 

 

?**********ACCOUNTABILITY**************?

 

 

Like 1776, this period is a test of democracy—We rejected an "American fascist" once

 

 

The Path to Dictatorship: 2010-2030

 

Parallels of this era in the past may hint at our future: democracy breaks apart legally

 

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

Billionaires paid $881 million for votes in 2022 midterm elections

 

Nov 2020 Wealthy discredit election process

 

Nov 21 2020 Trump’s Plans for a Coup: criminal

 

Nov 21 2020: Trump plan: US Marshals seize voting machines

 

Jan 6 2021 Direct assault failed: guns & bombs ready

 

Trump engaged in a "criminal conspiracy" to stop Biden

 

“I don’t f—ing care that they have weapons”

 

Trump was “detached from reality”

 

Trump used mafia-style intimidation on the defenseless

 

Parscale: “a sitting president asking for civil war.”

 

Trump: “Just say the election was corrupt and leave the rest to me” 

 

GOP fascism: “RINO hunt armed; no bagging limit” J6 comm threat

 

Trump’s Supremes END personal rights & state laws except for weapons WMDs

 

Fascism: GOP to stop women leaving state for abortion

 

It’s not a court. It’s a junta: Two Americas

 

Trump: President Biden is 'enemy of the state'

 

Christian Nationalist Party (CNP) replaces GOP

 

Nov 8 2022 Trump’s “national revolution” failed

 

Nov 15 2022 Trump announces for 2024 to avoid lawsuits

 

Jan 2025 Dictator pardons himself: his Supremes agree

 

 

How Govt wastes our money:

Too Hot: Attorney General Garland announces special counsel to indict Trump 

Can Trump get a fair trial in US? Are Con Men responsible? Or mentally ill?

NASA could have helped save Earth with $93B: joyride around moon is wasteful

 

Congress tells regulator to stop questioning crypto industry BEFORE it blew up

New IRS auditors to collect $1Trillion from tax evaders: lawyers can delay court orders

Trump paid only $750 in taxes each year. Paid $ZERO 10 of 15 years due to biz failures.

 

Disney lost tax-favored subsidy: state-supported capitalist must agree to deSantis’ beliefs

 

SCAMS/SPINS:

2020: ‘the “hand of God” would work for Trump’: evangelicals nowhere to be seen 2022

Jesse Benton caught giving Russian officer money to Trump’s Republican event

Hawley: the GOP is dead: illusions are not policy: dummies don’t win

Christian Nationalist Flynn ordered testify on plan to overthrow US government Jan 6

Biden gives Saudi bin Salmon free pass to kill: no court has jurisdiction like Putin

 

GOP limits voting for GA runoff: ACLU sued GOP over the shortened voting times

 

Legal help for advisor bad advice has almost disappeared: arbitration is not fair

Ford recalling ½ million F-150 vehicles due to wiper motor failure in the rain

General Motors newest business is fixing your Teslas

Airlines are Keeping Flight Delay Data Hidden: we won’t know which to avoid 

Webster University caught misrepresenting ‘masters degree’ not accredited

 

NY judge scheduled October 2023 trial for Trump and his kids, but will they attend?

Supremes spring a leak: no code of ethics to keep them honest: Alito gets paid to talk

Alex moved his money so court decision for Sandyhook blocked: only lawyers get paid

 

RD Legal Funding caught fraud offering advances from payouts from victim-comp funds

Teva AbbVie caught pushing opioids to kill millions: no jail, fine $6.6 billion $6,600 per

Tom Brady Steph Curry caught paid promoting of failed crypto exchange FTX

 

22-yr with war weapon killed five people; injured 25: Point is 5 dead; not a motive

VA Walmart employee kills 6; injured 5 in seconds: guns kill 600 dead YTD

Putin kills newborn maternity hospital bombing: Russian Orthodox bishop blesses kill

 

Avoid homebuyers’ mistakes: preparation is more important than anything

Should You Make an Insurance Claim?: half of all property claims result in a rate hike

GEICO dropped our Umbrella policy bec/ my car dented façade of a business: shoe slip

 

Jobs

Pension funds avoided losses from the collapse of crypto: young speculators OK loss

Teachers in every state: certification optional in some: $65K - $85K avg salary

 

Who owns your account now?

Despite losing your money, advisors like Raymond James generated record results 13%

 

Miracles:

Brazil’s Amazon drying up too

Single silicon chip (a fingernail) hold 50 billion transistors each about five atoms wide

Miracle in MD: 600 victims of sex abuse by 158 priests: no arrests guaranteed by state!

Save your letters: Dylan’s high school love letters sell for $670,000: hey, you never know

 

Rich Fierro veteran took down gunman machine gunning down patrons at CO club

Twins are born from embryos that were frozen 30 years ago

Germany's oldest Christmas market opens for 588th year: 1434 German Christmas bread

 

 

 

 

 

Our Universe is Mind-Blowing

Light is both a particle and a wave depending on how we look at the light.

I don’t think that there is any such thing as a position or a velocity of a particle.

Everything (galaxies to stones) in universe made of subatomic energy ‘vibrations’

A subatomic ‘particle’ is the smallest possible vibration (quantum) of a quantum field.

Mass–energy equivalence: E=mc^2.  At the smallest level; Everything is moving a little

Physics Nobel Prize: “entanglement” 2 particles share info instantly at a distance

“It may be that gravity and quantum mechanics are exactly the same thing,” Leonard Susskind

Gravity might induce the collapse of quantum vibrations into 1 quantum state—our world

 

There is no TIME at this level because of force fields come and go in all directions. 

Universe expanding: events may not come together like they did before.

Inside protons, neutrons, it is the fields of the virtual particles that creates its mass.

“Empty space is a boiling, bubbling brew of virtual particles that pop in and out of existence in a time scale so short that you can’t even measure them.” Space expanding.

The electricity we use comes from the field around the wire not from election itself.

 

 

 

@

We can apply for Medicare online: https://blog.ssa.gov/apply-for-medicare-online

We can apply for Social Security online: https://www.ssa.gov/benefits/retirement/

We can apply for health care online: https://www.healthcare.gov/

 

IAN

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts available at http://dankeppel.blogspot.com/

 

How the Miracle of Compounding can help you

 

How the Miracle of Compounding can help you

Unfortunately, most young people don’t understand or have even heard about this Miracle. It is so important to your financial life that one of the smartest investors, Warren Buffett, gives credit to this Miracle for his reaching $100 Billion net worth from his early paper route savings: “My wealth has come from a combination of living in America, some lucky genes, and compound interest.” For most working people, the Miracle is the surest way to accumulate enough during their working lives to live comfortably in retirement of 20-30 years. Compounding is simply making money on the money you already earned. You save and invest $250 per month ($102,000 total) over 34 years and you end up with $1,111,555, or $2 million in 40 years. $250 a month is $9 a day. I am using the average gains from the stock market index over time without a salesperson taking a 1-2% cut. You can turn $102,000 into $1.1 million (TEN TIMES) without doing a thing—you must do NOTHING. Warren Buffett proved you can beat most Wall Street “professionals.” The Miracle works if you are consistent and you don’t give up 63% of your gains to your advisor. You can’t raid your fund or quit investing when markets fall.

https://www.amazon.com/Miracle-Compounding-Turn-day-into/dp/1470176513

 

Here is why timing the market can’t work for you

The 14 Best Days in the Stock Market Since 1950: The S&P 500’s 5.5% surge on Thursday was its largest one-day percentage gain since April 2020 and the 15th highest since 1950. Since 1950, in fact, the market has been up a year later after 22 of the 24 biggest gains. For those trying to trade out of the market at the top and into the market at the bottom, you will miss many big swings. The ‘professionals’ who claim they can do this are lying or got lucky on one call of the markets. Timing is not the strategy of the great investors: Buffett, Bogle, Ellis, Schwab, Lynch, Neff, Templeton, Graham, etc. Timing the markets requires that you buy and sell often. This requires you have an advisor/broker and that they provide a good story. It means you are paying them out of your pocket. Buy and hold low-cost indexes have been shown over and over to provide the returns that beat traders. Looking back over the 20-year period from Jan. 1, 1999, to Dec. 31, 2018, if you missed the top 10 best days in the stock market, your overall return was cut in half. That's a significant difference for only 10 days over two decades!

https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592

 

Art as an alternative or counter balance to stocks

Some investors think art (pictures) is a fantastic alternative asset class that has outperformed the S&P 500. The average annualized growth rate on the 11 Paul Allen lots with public entry prices was just 6.2%. On average, Allen held them for 18 years before selling them. By contrast, even after its fall this year, the S&P 500 still boasts a compound growth rate of 8.9% over the past 18 years. Allen would have made more money just buying a low-cost S&P 500 index fund. This index is down 17% this year but in 2009 it was up 27.11% after being down in 2008 -37.22%; it was up in 2003 28.72% after down in 2002 -22.27%; it was up in 1991 30.95% after down in 1990  -3.42% and up in 1989 by 32%. This index provides over 11% over time and reflects every sector of the market. Recently it was dominated by the tech firms since it is structured along the current market capitalizations. But also recently, the Energy index soared. The index fund you pick must be a low-cost one so that you don’t give up HALF your gains to the seller. Art may help you broaden your portfolio but it can’t match the 500 Index as your primary retirement nest egg. Paul Allen already had his HUGE $20 B nest egg.

11% is better than bank’s 3%: https://www.amazon.com/New-American-Retirement-System-ReserveTM/dp/1461030072

 

Getting through a economic recession

1. Make a budget with your family and write it down. Most folks don’t know how much money they are wasting because old habits take work to change. 2. “Shit happens” so make sure you have an emergency fund of at least $1,000. This is no time to look for extra cash. 3. Know how much you are saving since these times are when people are likely to think “we can make it up later”. The stock market is down 17%. I promise you it will gain 17% when the market turns around so this is NOT the time to quit investing. You will kick yourself later. 4. Checking your spending every other month alerts you to the deficit you are creating when you spend more than you take in. 5. It is the habit of good saving-spending balance that you must get right to live through this period. You don’t know how long this will last so don’t cheat on your own successes. 6. Savings must become the top priority. Most folks fail to reach their savings goals—new car, home, appliances, furniture, college fund, etc—because they don’t prioritize savings. 7. Most budgeters underestimate all the little things they buy. We justify the $5-10 daily buys as rewards. We waste over $4,000 a year this way. That’s a $400,000 hole in your future retirement fund. 8. Did you account for taxes? The average tax bill is about $8,000. Property tax is another $6,000. 9. Be realistic in your budget about spending. Budgets don’t work if you cheat or misunderstand what your costs are. I sign up for a certain streaming and then I forget to stop. 10. Card companies have trained us to charge it without knowing we can pay for it by the end of the month. The average household credit card debt is nearly $9,000 with a total of $887 billion in Q1 2022. It's the fastest rise in more than 20 years. It takes 3 years to pay off IF we stop adding to the balance.

Use your discounts: https://www.amazon.com/Insiders-Guides-Discount-Financial-Services/dp/143480593X/

 

Advisors secrets to persuade you into buying

A recent study showed that your advisor’s positive statements about your future can get your attention. Scaring you is an amateur’s way. Advisors use ‘enjoyment’ for boomers and ‘plan retirement you deserve’ for millennials. Advisors using technical jargon is NOT for you. Advisors pushing a product are not appealing to anyone. Lazy advisors use slideshows and different images to overload and confuse us. Too many images of inactive retirement life sends the wrong message. Too many demographic diversity images instead of diverse active ages ruins the message. Images of older white men in suits leave many cold. Women and singles can have a rewarding retirement too. The best advisors get you to talk about your interests and needs first. Genuine open-ended questions from an advisor can help you define what you need. You may not need a product. Find a fee certified financial planner (CFP) to help you organize your strategy and goals.

https://www.amazon.com/Get-What-You-Want-FINANCIAL/dp/1514751151

 

 

 

 

?**********ACCOUNTABILITY**************?

 

 

Like 1776, this period is a test of democracy—We rejected an "American fascist" once

 

 

The Path to Dictatorship: 2010-2030

 

Parallels of this era in the past may hint at our future: democracy breaks apart legally

 

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

Billionaires paid $881 million for votes in 2022 midterm elections

 

Nov 2020 Wealthy discredit election process

 

Nov 21 2020 Trump’s Plans for a Coup: criminal

 

Nov 21 2020: Trump plan: US Marshals seize voting machines

 

Jan 6 2021 Direct assault failed: guns & bombs ready

 

Trump engaged in a "criminal conspiracy" to stop Biden

 

“I don’t f—ing care that they have weapons”

 

Trump was “detached from reality”

 

Trump used mafia-style intimidation on the defenseless

 

Parscale: “a sitting president asking for civil war.”

 

Trump: “Just say the election was corrupt and leave the rest to me” 

 

GOP fascism: “RINO hunt armed; no bagging limit” J6 comm threat

 

Trump’s Supremes END personal rights & state laws except for weapons WMDs

 

Fascism: GOP to stop women leaving state for abortion

 

It’s not a court. It’s a junta: Two Americas

 

Trump: President Biden is 'enemy of the state'

 

Christian Nationalist Party (CNP) replaces GOP

 

Nov 8 2022 Trump’s “national revolution” failed

 

Nov 15 2022 Trump announces for 2024 to avoid lawsuits

 

Jan 2025 Dictator pardons himself: his Supremes agree

 

 

How Govt wastes our money:

United Arab Emirates oil money changes our policy in its favor: they decide; not us

Our smartphone applications contain hidden Russian code: Army combat unit use

We spend $millions returning to moon on a joy ride: could save Earth from asterioids

 

We bail out crypto billionaires: Congressmen paid: bankruptcy makes Trump millionaire

IRA owners age 70½ or over option to transfer up to $100,000 to charity tax-free yearly.

Biden to protect MBS Khashoggi killer from suits: leverage for more oil?

 

SCAMS/SPINS:

Trumpists cancel student loan forgiveness program: only The Leader has authority

Trump to get his Supremes to cancel subpoena to testify re: Jan 6 coup instigator

Trump has support of about 80% of white evangelical Christians: Christian Nationalism

Trumpists’ first act: set up Benghazi-type witch hunt for Biden family sins

 

UVa shooter purchased 2 guns legally after prohibition to buy removed by state

37 GOP voted against law to make marriage legal: will Clarence approve?

Maryland investigation identifies 158 abusive priests, more than 600 victims: no jail-free

 

Jan 6 committee ends without action on the instigators of the only US coup: Trump walks

 

Trump needs terrorist donors: "three-time loser" tries again: “Justice never sue candidate”

Lost: Every election denier who sought to become the top election official of a state lost

Lost: Lake lost AZ gov bid after Trump backing

AZ voters approve measure to crack down on ‘dark money’: who buys our elections?

Supremes allow illegal racial gerrymanders despite AL, LA, GA judges’ rulings

 

Do not accept packages to reship; refuse unexpected packages; refuse money to reship

We have to ask for inclusive BnB price to find all fees: ask in writing

dollar-stores caught overcharging: shelf and register price different

Patient debt: profit margins top 29% in patient financing industry: Congress allows it

 

Credit bureaus fail to investigate bad reports and mistaken ratings: you must fight them

Most discounts bogus because the same sale price was offered before: fake prices

Airlines caught cancel/delay air travel: $600 million reimbursement fines

 

Allen Hershberg caught selling his own products outside his firm’s list: defrocked

Goldman Sachs caught paying off executive who said toxic workplace for women: sexists  

 

Are home warranties worth the money?

 

Walmart caught killing thousands on opioids: $3.1 Billion fine: stock up: lawyers paid

 

Crypto sales like Ponzi scam: no actual value: as long as assets grow, can function

 

Jobs

Background checks filled with errors keep tenants and employees at disadvantage.

 

Who owns your account now?

Near-historic numbers of young people turning out to vote motivated by their issues

AZ Kelly, NV Masto hold their seats: Trumpists go home unsatisfied

Young women broke hard for Democrats in the midterms

 

Auto repair delays: no mechanics, no parts: shop around or do it yourself

4 college savings plans (529) you can avoid: use the best: MI, UT

How Safe is Your Hospital?

Toledo OH to pay off citizens’ medical debt with tax money

 

Prints of a mangled car crash fetched $85.4 million: end of ‘civilization’ or insanity?

 

 

Miracles:

Using the gene-editing technology CRISPR to treat cancer.

Electric vehicle battery breakthrough enables 10-minute charge time: stay cooler

Cancer vaccine has successfully triggered significant tumor regression

Blood test for Alzheimer’s? Cure?

 

CA survives on bottled water: price escalates: shower at a mansion’s sprinkler system

US to recognize our rights in law to same-sex and interracial marriage: Supremes act?

Iceberg on the loose: area equal to about twice the size of London, the largest iceberg

World’s largest floating wind farm off Norway has become operational: replace oil

Lab Grown Chicken Gets a Green Light From the FDA

 

Karen Bass first woman mayor of LA: 241-year history: won despite 11 to 1 dollars

 

 

 

 

Our Universe is Mind-Blowing

Light is both a particle and a wave depending on how we look at the light.

I don’t think that there is any such thing as a position or a velocity of a particle.

Everything (galaxies to stones) in universe made of subatomic energy ‘vibrations’

A subatomic ‘particle’ is the smallest possible vibration (quantum) of a quantum field.

Mass–energy equivalence: E=mc^2.  At the smallest level; Everything is moving a little

Physics Nobel Prize: “entanglement” 2 particles share info instantly at a distance

“It may be that gravity and quantum mechanics are exactly the same thing,” Leonard Susskind

Gravity might induce the collapse of quantum vibrations into 1 quantum state—our world

 

There is no TIME at this level because of force fields come and go in all directions. 

Universe expanding: events may not come together like they did before.

Inside protons, neutrons, it is the fields of the virtual particles that creates its mass.

“Empty space is a boiling, bubbling brew of virtual particles that pop in and out of existence in a time scale so short that you can’t even measure them.” Space expanding.

The electricity we use comes from the field around the wire not from election itself.

 

 

 

@

We can apply for Medicare online: https://blog.ssa.gov/apply-for-medicare-online

We can apply for Social Security online: https://www.ssa.gov/benefits/retirement/

We can apply for health care online: https://www.healthcare.gov/

 

IAN

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts available at http://dankeppel.blogspot.com/

help dealing with your nest egg after working?

 

Wealthy discover new way to avoid taxes: we pay the deficit

Rich are keeping the tax benefits of philanthropy while delaying for years actually giving to those in need. A small but growing number of wealthy Americans have discovered how to bypass rules designed more than a half-century ago to ensure philanthropists stay accountable for the billions of dollars in tax breaks they receive each year. The key is the donor-advised fund, or DAF, which is so flexible that charitable dollars can sit in one’s account indefinitely. And no one needs to know either way. In the past they set up private foundations to obtain tax benefits but they are required to pay out 5% of their assets annually and report each charitable gift; publicly. Donor-advised funds, which are considered charities, satisfy that mandate, so they’re an ideal way for foundations to postpone their giving. For example, Tesla’s Elon Musk, who built up $3 billion in a foundation, could report that he met the requirement for moving out money only because he transferred tens of millions of dollars to DAFs in recent years. We will never know if or who he gave the money to but he still gets the tax benefits. In more than 1,000 instances, foundations would have fallen short of their required payout for the year were it not for contributions to DAFs, according to Bloomberg’s analysis. We must make up the deficit or our children/grandchildren will.

You have options: https://www.amazon.com/Tax-FREE-Wealth-How-laws-free/dp/1475089236/

 

 

Portfolio for a recession

Most readers are about HALF & HALF: bonds and equities. Many have their retirement funds in Vanguard: specifically the Vanguard Wellesley Income Fund. They have some in the 500 Index, energy index and other indexes as well as Buffett's firm. They did not sell all securities for cash because they plan on living longer and need growth and income to pay their taxes. They will survive the economic train wreck because American capitalism is not dead. Some still have a mortgage. Many have a large emergency fund. Some use a HELOC since they have equity in their homes. Others have rental real estate. Most have a diversified portfolio since they do not know what is coming in the future.

https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592

 

 

Careful shopping in a recession

Find the cheapest gas station since all gas comes in the same pipeline. Find the least expensive grocery house-brand. Yes, you can eat well on the same food with a new label. If you must travel try one night in the cheapest hotel/motel in the area. You can splurge at the eatery where the locals go. You are probably overpaying for car/home insurance and premiums are going up. Save by increasing deductibles and paying premium upfront. Cut out roadside and AAA if you have these credit card benefits. Cut comprehensive cover for older cars and medical if you have health coverage already. Using free streaming for entertainment or Amazon if you have Prime. Best deal: drop your advisor/broker save $3,000 a year. Invest in low-cost index funds or ETF for better results.

https://www.amazon.com/Insiders-Guides-Discount-Financial-Services/dp/143480593X/

 

Where can you get help dealing with your nest egg after working?

Most people want more help from their employers, according to an Invesco study, especially when it comes to how to cope with that big pile of money they’ve accumulated after decades of stashing cash. More than three-quarters of employers claim they give their workers info about how to transition from saving to spending a nest egg, but across all age groups, almost half of employees say they’ve received no advice. Employers typically expect the retirement plan administrator to answer questions about retirement. However both the administrator and the employer don’t want to take on the responsibility or liability for employees’ money matters. Most employees don’t have a clue as to how to manage their money. Some employers favor making an annuity product an option in their retirement plans. This thrills the insurers, but this may not be the best way to accomplish one’s goals. Without an unbiased advisor, most employees will not maximize their options. Financial planners don’t rely on products so they may be unbiased.

https://www.amazon.com/Buy-only-what-you-need/dp/1720321531

 

 

Trumpists take House: vow to cut the benefits we already paid for

Some active politicos have promised to cut our benefits as soon as they oust or kill Pelosi. They will use the debt limit as leverage to arrange retirees program downsizing and continue paying subsidies to big oil, agriculture and corporate largess. Since we have already voted, there is little we can do to change this trend. One thing we must do now is plan for reduced benefits in the future. How can we save for the future? Health and food costs are unlikely to come down any time soon so we will have to slow spending and stick with saving. The history of saving and investing illustrates how investing 10% of our pay can help us prepare for the lean times. Over most periods, stocks values rise about 11%. Our strategy of investing $250 a month (avoid new car purchase loan) for 10, 20, and 30 years, can provide $55,000, $218,000, and $708,000. This assumes you use a stock market index fund costing 0.04% not an industry salesperson costing 1-2%. That can rob you of up to “63 percent of what you would have had”.

Use the Buffett strategy: https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592

 

 

 

?**********ACCOUNTABILITY**************?

 

 

Like 1776, this period is a test of democracy—We rejected an "American fascist" once

 

 

The Path to Dictatorship: 2010-2030

 

Parallels of this era in the past may hint at our future: democracy breaks apart legally

 

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

Billionaires paid $881 million for votes in 2022 midterm elections

 

Nov 2020 Wealthy discredit election process

 

Nov 21 2020 Trump’s Plans for a Coup: criminal

 

Nov 21 2020: Trump plan: US Marshals seize voting machines

 

Jan 6 2021 Direct assault failed: guns & bombs ready

 

Trump engaged in a "criminal conspiracy" to stop Biden

 

“I don’t f—ing care that they have weapons”

 

Trump was “detached from reality”

 

Trump used mafia-style intimidation on the defenseless

 

Parscale: “a sitting president asking for civil war.”

 

Trump: “Just say the election was corrupt and leave the rest to me” 

 

GOP fascism: “RINO hunt armed; no bagging limit” J6 comm threat

 

Trump’s Supremes END personal rights & state laws except for weapons WMDs

 

Fascism: GOP to stop women leaving state for abortion

 

It’s not a court. It’s a junta: Two Americas

 

Trump: President Biden is 'enemy of the state'

 

Christian Nationalist Party (CNP) replaces GOP

 

 

Nov 8 2022 Trump’s “national revolution”

 

Jan 2025 Dictator pardons himself: his Supremes Agree

 

 

How Govt wastes our money:

Fed product safety slow to take deadly products off the market: needs court order so slow

Will election deniers be counting votes and accessing vote machines? Long recounts?

Instead of excess profits’ tax, gov raises rates to 5% so we lose jobs and stop spending

 

SCAMS/SPINS:

Only 1 GOP said he’ll “absolutely” accept the results in Tuesday’s vote

Voters rejected effort ‘to bring Trumpism to Mass.’

 

PA Supremes invalidated thousands of mail-in ballots: a Republican trick, not American 

SPIN: GOP promises cut Medicare & Social Security benefits: 300 mil Americans lose

 

Manchin wants to help GOP ‘fix’ SS and Medicare funds: fewer workers, fewer benefits

Boomers fear cuts in earned benefits more than anything in retirement challenges

 

What Christian Nationalists (new GOP) want: power to have it all their way!

Trump: “J.D. is kissing my ass; he wants my support so much,” 

CA, VT, MI, KY voters on abortion: “You got to have a little choice there”

 

5 states still to decide on slavery: Alabama, Louisiana, Oregon, Tennessee, Vermont.

Woke: term to denigrate anyone who believes in further advancement of equality and human rights

 

American Airlines caught overcharging for bag fees: co-brand credit card “free” denied

Dollar General caught overcharging at cashier: baiting at shelves: fine

Vonage caught charging fees & not canceling: refunds from FTC more paperwork
Powerball delayed “technical reasons”: Pity the winner-overdose, divorce, theft, bankrupt

 

8 former French bishops accused of sexual abuse: sex abuse of 14 yr old girl: no arrests

Listeria killed 1; six East states illness; deli is source

 

WellsFargo caught customer mistreatment in lending & consumer deposit accounts: fine

Crypto complaints and scam records: how they do it to us: why US can’t stop it

 

Jobs

700 IRS clerk & customer service jobs: good pay; good benefits

 

Who owns your account now?

Some banks pay 3.5% but inflation is 8.2%: Vanguard Energy Index Fund ETF: up 60%

Bitcoin has fallen: $47,750 to $17,400 year-to-date, lost two-thirds of its value.

Funeral homes could soon have to post prices online: a big party costs under $7,000

 

Car bargains at half original price

“Extra” benefits are offered by individual Medicare Advantage plans for 2023

Spending over $50 a month for streaming services is now the norm

 

Many veterans are unaware of a range of other benefits

 

Miracles:

GOP pays for God to do a DeSantis commercial: leverage Christian Nationalism https://twitter.com/CaseyDeSantis/status/1588539069243473924

Dems win PA, OH, CA, NH, VA, CO, NJ, MI, WI, NY, MD

GOP win NC, GA, OH, FL

 

Fiber alters the microbiome. It may boost cancer treatment

Warming: EU trees are producing new growth even before shedding their autumn leaves.

Arctic “megafires: thaw, then greater vegetation growth and increases fuel availability

 

Doctors Treat a Fatal Genetic Disease Before Birth

 

 

Our Universe is Mind-Blowing

Light is both a particle and a wave depending on how we look at the light.

I don’t think that there is any such thing as a position or a velocity of a particle.

Everything (galaxies to stones) in universe made of subatomic energy ‘vibrations’

A subatomic ‘particle’ is the smallest possible vibration (quantum) of a quantum field.

Mass–energy equivalence: E=mc^2.  At the smallest level; Everything is moving a little

Physics Nobel Prize: “entanglement” 2 particles share info instantly at a distance

“It may be that gravity and quantum mechanics are exactly the same thing,” Leonard Susskind

Gravity might induce the collapse of quantum vibrations into 1 quantum state—our world

 

There is no TIME at this level because of force fields come and go in all directions. 

Universe expanding: events may not come together like they did before.

Inside protons, neutrons, it is the fields of the virtual particles that creates its mass.

“Empty space is a boiling, bubbling brew of virtual particles that pop in and out of existence in a time scale so short that you can’t even measure them.” Space expanding.

The electricity we use comes from the field around the wire not from election itself.

 

 

 

@

We can apply for Medicare online: https://blog.ssa.gov/apply-for-medicare-online

We can apply for Social Security online: https://www.ssa.gov/benefits/retirement/

We can apply for health care online: https://www.healthcare.gov/

 

IAN

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts available at http://dankeppel.blogspot.com/