Your Unbiased Advisor: Recalls

How Govt wastes our money: Mar 2024

Wasted tax:NASA Unveils $27B Budget Plan to Support Mars Missions: $27B fix roads?

SCAMS/SPINS:

"Strive not to be a success, but rather to be of value." – Albert Einstein

Matthew J. Chimento “transferr[ing] funds … without client authorization.” defrocked

Regulator fines Stifel: broker A stole client funds, fails to monitor broker B speculation

HUD accused of failing to refund hundreds of millions in mortgage insurance premiums

Chime caught deceived consumers on costs of international transfers, waive their rights

“Prevagen wasn’t any better than a placebo at improving memory” Madison Memory Study

I got offer from Noel at China bank to help me claim $8 million from dead client

Recall: Happiness USA liquid rolling candy: choking hazard and risk of death

Recall: Hazardous Products That Were Recalled This Week

Beware Stifel clients: problems in sales of non-traditional exchange-traded products.

Trump achieves what none of us could ever achieve—another delay in evictions

“God gave us Trump" to save white Christians: Trump depicts himself sitting next to Jesus!

"We must make America pray again." Trump sells "God Bless the USA" Bible $59.99!

Protestant religion turned into an intolerant activist political ideology: MAGA pastors

Americans increasingly are calling themselves "unaffiliated": spiritual not religious

Democrat Marilyn Lands flipped MAGA AL House seat campaigning on abortion rights

Take delivery of your vehicle NOW: Baltimore vehicle importers closed for months

OnStar, LexisNexis Shared Driving Data with Insurers, Spiking Rates

Has AirTag become the weapon of choice of stalkers and abusers as alleged by victims?

US probes 2022 RAM truck models over K1 snap ring transmission failures

Homeowner claims: JD Power satisfaction study : Best Amica, USAA

Jobs

jobs.interestingengineering.com/

Local workers, many immigrants, will put Key bridge back together piece by piece.

Who owns your account now?

Serious issues in retirement: plan for them now

Where we get news: age and ideology determine our choices now: no more ‘true’ source

940,000 people unclaimed 2020 refunds: May 17 deadline to submit their tax returns.

Study may help doctors tell patients exactly what they should be eating

Get tax info, forms: IRS Alternative Media Center: alternative-media-center

Worst tax scams: https://www.irs.gov/newsroom/dirty-dozen

Renovations impact your home insurance: increase or decrease premiums

Miracles:

AI is Transforming Drug Discovery: breakthrough treating 82-year-old’s resistant blood cancer

Our world is spinning faster than before so timekeepers need to change ALL clocks 1 second

App predicts worsening heart failure weeks before symptom onset — by sound of your voice

Lessons from successful investors

Why is staying in the stock markets the safest investment strategy?

Over the long term, this strategy is the best for most investors. Why; because the stock markets can provide 10%-12% a year over time. The stock market can return +38% and -37% (1980-2023). A broad comprehensive portfolio may provide a more balanced approach. The Callan Periodic Table of Investment Returns shows you why. Either way, holding stocks over time beats trying to time the markets. No one has shown how to be successful with the timing strategy for very long—certainly not for a lifetime—IN ADVANCE. Many well-paid advisors claim they have done well buying and selling at the RIGHT time, but every fair study shows it can’t be done. Diversifying your portfolio means maintaining a portfolio of several assets, such as stocks, bonds, real estate, and cash. This approach has several benefits, including spreading your risk across multiple high-earning low-cost assets. (Vanguards-Top-Ten-mutual-funds/dp/150073909X) In addition, investing in several types of assets gives you exposure to different markets, which can have negative correlations with one another. This helps protect you against volatility as you aren’t concentrated in a single type of investment. Diversifying your portfolio can give you better results while reducing your long-term risk. Most large mutual fund firms can provide you with a way to buy a portfolio of many asset classes. Warren Buffett, one of the most consistent high-return investors, advises to buy and hold a low-cost S&P fund like the Vanguard 500 Fund.

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

Best way to invest for retirement income

When I was at my first day on the job for an employer, I had no clue about the company retirement plan. Yes, they gave me the papers but they were not in English—legal words for lawyers. I could not decide which investment option to pick. I took the suggestion of the HR person and had them take 6% of my pay into a very conservative fund called a “stable value fund.” This was not a good choice at my age. However, they matched my tax-deferred contribution so I appreciated what I had. Investing at the same amount on a set schedule (payday) was good since I learned later that “dollar-cost averaging” is the best way to invest for the long term unless you have insider info like our representatives. Since no one knows whether the market will be up or down on any given date, it is best to invest on the same day every month. However, I did not learn until later that I should have chosen to invest in a low-cost stock market index fund instead of “stable value.” Stable value funds are for when you are IN retirement not when you have 35-40 to invest! After studying the most successful investors and fund managers, I learned that the best way to invest for retirement is to buy the shares of a cheap stock market index on a monthly basis for the same amount. “Almost no one who is operating honestly can maintain a persistent information edge over the millions of other smart investors who comprise the market.” As Warren Buffett says: "A very low-cost index is going to beat a majority of the amateur-managed money or professionally-managed money." Fidelity study of millionaire retirees confirms his advice.

The BEST advice: https://www.amazon.com/Buffett-Strategy-854-000-not/dp/1978481020/

Will Social Security benefits be there when you need them?

Congress does not like to spend money for the important things. They like to give defense contractors, oil, gas and coal companies subsidies because that pays their election bills. They like to create tax loopholes so they and their friends do very well. They use insider information that is illegal for us to use. Since the Supremes 2010 decision to treat $ billion companies the same as you and I in terms of election gifts, Congress must do what these companies want. Because there are more old people and fewer working people, SS benefits will be reduced to 78% of normal benefits by 2034 according to SS trustees. Since Congress is unlikely to deal with this collapse of the single most important support for seniors before it is too late, older Americans will be faced with the poverty that existed before SS was created in 1935. Bread lines were daily work for many depression-era out-of-work workers. The wealthy could live overseas untouched and untaxed just like today.

Prepare now: https://www.amazon.com/Tax-Refund-Millionaires-Let-Uncle-Help/dp/149595644X

Have you taught your child how to make tax-FREE money?

Make sure you teach your kids how to create wealth the easy way. My parents were not investors. At my first job, I had no clue which investment option to use for my 401k contribution and company match. The HR person told me to put it into the 'safe' stable value fund. That was the worst choice at my age I learned later when I got my securities licenses. If I had followed their advice I would have ended up with $150,000 instead of a Wealth Reserve of $877,233 about 33 years later. I have used this 'Wealth Reserve' as I call it to have funds to buy low-cost insurance, to buy two homes and 5 cars with higher down payments or cash, and now to receive $2,500 a month in retirement supplement. Now your child can build an account that provides tax-FREE retirement income too.

Time is on their side: https://www.amazon.com/Give-your-child-leg-up-manage/dp/1096505355

********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

Trump engaged in a "criminal conspiracy" to stop Biden