Your Unbiased Advisor: Recalls

How Govt wastes our money:

Will police get away with their failure to stop the killing of 21 in Uvalde school

Trump plans mass deportations: people without papers following neo-Nazis plans

IRS allows many tax statements to be mailed late—after 1/31—so refunds late.

Should we fly in Boeing 737-900ER or Boeing 737-9 MAX? FAA ‘urges’ checks

SCAMS/SPINS:

Strategic Financial Solutions caught stealing $100 million from struggling families

J.P. Morgan kept clients from communicating with the SEC re: violations: fine no jail

Shray Goel, Shaunik Raheja caught taking $8.5 million: fake Airbnb Verbo rentals

Douglas McKelvey TX caught taking $1.7 million from two elderly brokerage customers

Tory Duggins NY caught excessive trades to eight clients costs of $444,176: suspended

Lack of useful communications #1 reason to change advisors, survey says

10 cars with the lowest "would purchase again" percentages. The “dogs”

Pharmaceutical industry giants raising prices on 500 medications across 140 brands.

Rite Aid caught illegally filling prescriptions for controlled substances like fentanyl.

Half of recent US inflation due to high corporate profits, report finds

Russian oligarchs show how our wealthy have left America’s economy destabilized

Recall: Robitussin Honey CF Max and Nighttime Adult Due to Microbial Contamination

Recall: Fratelli Beretta's charcuterie meat and Busseto's Charcuterie Sampler salmonella

Recall: 600,000 Ram trucks remedy environmental damage: illegal emissions cheating

Recall: Ford recalls 2.24 million Ford Explorer SUVs over failed trim-retention clips

Boeing doesn’t need safe airlines: it gets more revenue from taxpayers than its jets.

Boeing 757 operated by Delta lost a nose wheel while preparing for takeoff.

GOP to ‘revise’ (cut) Social Security and Medicare benefits: cut debt without taxing rich

Excessive social media use linked to depression onset 6 months later

JD Power: wireless carrier problems rated: AT&T, Verizon fewest network problems

FDA urges consumers not to buy tianeptine an untested antidepressant

Climate change and conflict converge to disrupt supply chains: raise prices

UK’s powerful laser weapon in action hits aerial targets: anti-drone bombs

Jobs

Ron DeSantis quits primary bid to join Trump

Over 55,000 new apartments are expected from conversions right now

jobs.interestingengineering.com/

Who owns your account now?

Simple will covers your needs temporarily: answer questions for legal will or ask lawyer

Do you get your spouse SS benefits if she passes?

Find Cheap Flights in 3 Easy Steps

Florida Considers Socialist Model to Combat Soaring Insurance Costs

23% surveyed said they only had a "few days" of savings left to finance their basic costs

Turn unwanted gift cards into cash

Top advice boomers give pre retirement workers from their experience: Start saving early

10 Secure Act Tax Changes our advisors should share with us for 2024 and Beyond

UK’s Highgate Cemetery will take back ownership of old and unused graves to reuse.

Miracles:

You can now use a wireless patch to deliver your drugs

Air purifier removes over 99% of viruses

Consuming plant protein in midlife promotes good health in older adulthood

Why 2024's Total Solar Eclipse Will Be So Special

Gene Therapy Allows an 11-Year-Old Boy to Hear

Chocolate insulin could replace needles for diabetes treatment

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/

Lessons from successful investors

How much should you invest for a $ million retirement fun?

Two factors determine how much you should invest for a $ million fund: TIME and Asset COMPOUNDING. Example: Sarah started investing at her job at age 23. She kept contributing $250 for 35 years. She retired at age 58 with $1.2 million in her Tax-FREE retirement fund. She retired early to run her family farm. Sarah’s friend Emily started investing $250 a month at age 45. She figured out that she would need to keep contributing until she was 80 years old to reach $1 million. She calculated that she would need to contribute over $2,000 a month to retire at age 65, seven years later than Sarah. Emily was not able to use the Miracle of Compounding. This is the factor that billionaire Warren Buffett cited as key to his wealth: "My wealth has come from a combination of living in America, some lucky genes, and compound interest." So most working people use Compounding NOT 10 times their contributions to grow their wealth in stocks over TIME. They don’t have 10 times the amount to invest so they must use Buffett’s secret—compound interest—over time.

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

Is a home warranty policy worth the price?

First, make sure your appliances and home systems aren’t already covered. Most new ones are covered by the manufacturer and by some credit cards you used to buy them. You may only need a basic plan that covers the big necessities or a more comprehensive plan. To determine the type of plan that you need, take stock of your appliances and systems and focus on getting a warranty for older items. Gather quotes from multiple companies so you can determine the average cost for a home warranty that covers your prioritized items. You may never need the policy so keep the cost within your budget. Policies don’t cover every expense to the total cost. The average cost comes in at a little over $900 per year. Some items on your list are generally excluded:

Structural issues in foundations, walls, paint and flooring
Commercial-grade equipment or systems
Pre-existing conditions
Normal wear and tear
Rust, corrosion and sediment problems
Improper maintenance, installation, design, manufacturer defect or previous repairs outside of the contract
Detection and removal of asbestos, radon gas and mold
Building and zoning code violations

Shop for the right coverage: https://www.usnews.com/360-reviews/services/home-warranty/how-to-buy-home-warranty

Is a 401(k) Plan Annuity Right For You?

Some employers allow retirement account owners to convert all or a portion of their savings from a 401(k), 403(b) or 457(b) plan into an immediate income annuity. But this is a costly duplication of what you can do automatically. The mutual fund companies that offer this plan claim it provides “enough predictable income to cover essential expenses.” It may do that by charging you for the annuity guarantee. A significant majority (79%) are worried they won’t have enough money to last their lifetime, while 85% feel employers should take more responsibility in helping them prepare for retirement. However you can take more from your savings each month than the annuity provides by setting up an automatic withdrawal plan through most mutual fund companies. Because you are buying an annuity, you are giving up the possibility to earn more money in a low-cost mutual fund. You will need income and growth so that you will not outlive your retirement funds.

The Callan periodic table of asset returns

This is a “periodic table” showing annually with the relative performance of 8 major asset classes over the last 20 years. Diversification illustration or single asset class justification.

https://www.mymoneyblog.com/wordpress/wp-content/uploads/2024/01/callan2023.jpeg

Check your strategy.

********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 govt overthrow failed: guns & bombs were ready