Friday, January 13, 2023

“A balanced portfolio still offers the best chance of success”

 

Vanguard: “A balanced portfolio still offers the best chance of success” 

Tradition offers the balanced advice. History says EMM and Small Cap follows decline for large stocks. But any smart market watcher must admit it is difficult if not impossible to time the market. The balanced portfolio with some tilting provides fair returns over time. Some older readers overweight the more stable Vanguard funds like Wellesley Income since it has proven a 9% plus return for a long time. Most notable for my readers’ favorite funds is the fact that costs are much less than a Wall Street firm portfolio.

 

2022 Total Return Vanguard Fund   Long-term Return      Longevity

-19.8% 500 Index                                            10.8% since 1976

 24.0% Energy                                                   9.4% since 1984

-26.4% Extended Market                                 10.0% since 1987

 -0.8% Health                                                   15.7% since 1984

-30.1% International Growth                            10.2% since 1981

-14.9% PRIMECAP                                        13.4% since 1984

 -9.5% Small Cap Index                                   10.6% since 1960

-8.8% Wellesley Income                                     9.3% since 1970

-2.9% Windsor                                                11.3% since 1958

-12.9% Windsor II                                           10.7% since 1985

-10.2% Average                                               11.1% *           *Average Annual Returns as of 12/30/22

Invest like billionaire Warren Buffett. Invest your tax refund for a $1,000,000 retirement fund in 35 years.

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

 

Don’t waste your money on these expenses

Advisors don’t know what will happen in 2023 and beyond so don’t waste that 1-2% on quarterly fees, market timing schemes, or firm’s “special circumstance” stocks. If these folks were consistently picking winners, timing or lowering fees, we would all know about it. Big banks fire investment strategists. Financial writers recommend gold as a hedge, home/car warranties as protection, and consolidating debt as 2023 money moves. These are money wasters. My readers have found that cost of financial services is the best predictor of success: pay less; keep more. This is why Warren Buffett recommends buy and hold a low-cost market index fund for everyone who does not have his investing prowess. He is wealthy. His advice is FREE.

https://www.amazon.com/Warren-Buffetts-Investment-Strategy-Forget/dp/1484822900

 

New Years Resolutions: avoid financial mistakes

It is easy to get into trouble financially. Once you have a credit card you will use it and may run up debt. We have all done it but at 29% interest, it would take 5 years and $317 per month to pay the $9,045 interest and original $10,000. You pay double only IF you cut the card. If you are also paying off a student debt, you might lose your credit score. If you buy a car/house that requires continuous care, you might be over your head. Same if you quit a job before you have another or stayed at an old one too long. Raises don’t keep up with cost increases. Adequate car and term life insurance is all you need for protection. Phone service deals may help you. As Consumer Reports repeatedly warns, many extended auto-warranty policies are a bad deal. A review by Consumers’ Checkbook of home warranty plans found they rarely are worth the price or hassle. Better to invest for a rainy day: $317 a month for 5 years in a low-cost market index will provide about $25,000.

https://www.amazon.com/Simple-Financial-Life-stop-paycheck-paycheck/dp/1441499326/

 

Investment strategies to fund long-term retirement expenses

There are 4 styles of investment during the long retirement spending period according to the research of Murguia and PfauFour of the broad strategies identified include a total return preference, in which a person spends systematically from a diversified investment portfolio focused on total returns; an income protection preference that involves building a lifetime income floor with fixed annuities; a risk wrap approach, which builds a lifetime income floor with variable annuities offering lifetime withdrawal benefits wrapped around a risk-based portfolio; and a time segmentation preference that resembles a bucketing strategy that uses less volatile assets for shorter-term expenses and riskier assets offering higher growth potential for longer-term expenses. According to Murguia and Pfau, approximately 35% of individuals between ages 50 and 80 identified most closely with the income protection approach. This is followed by 33% who preferred a total return approach, 17% who preferred time segmentation and 15% who favored a risk wrap strategy. “With this distribution of preferences, it is misguided to narrowly promote one type of retirement strategy as above others,” Murguia and Pfau conclude. Warren Buffett has specified in his will how his heirs should follow a strategy that resembles the bucketing strategy: One will provide cash for the coming year and the other will provide a sound future. Most of us have annuity-type income floors in SS and RMDs funding.

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

 

 

 

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

 

 

Like 1776, this period is a test of democracyWe 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

 

Trump still terrorizing election woman

 

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 limitJ6 comm threat

 

January 6, 2021A date which will live in infamy

 

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

 

Dec 3 2022 Trump: cancel Constitution rules so ‘I win

 

Jan 2025 Dictator pardons himself: his Supremes agree

 

 

How Govt wastes our money:

GOP governs with big caveat: any House Rep will leverage Speaker to do deals

GOP targets Biden talks with Tech re: bullying right-wing on Covid, etc

McCarthy to investigate the rise of the Chinese Communist Party: read history?

 

House of Bizarre Behavior: cut SS benefits for deficit; IRS can’t catch tax avoiders 

GOP to make it impossible to raise tax rates on wealthy: GOP’s new rules

IRS audited poor for small dollars; millionaires left alone to avoid taxes

 

SCAMS/SPINS:

GOP childishness: Right demands cut spending/balance budget: SS/Medicare cuts

GOP serious: Democratic officials in New Mexico shot in office and at home

 

GOP to look for the “deep state”: FBI, CIA, intelligence, new “McCarthy ism

Southern GOP gets “red-necked” over political purity: McCarthy inspires conspiracy

GOP limits ethics investigation of GOP coup enablers

 

American public no longer believes the Supreme Court is impartial

What kind of society allows a 6 year old to shoot teacher with gun from home?

 

 

Can GOP leader be brought to justice? How many laws can he break and walk?

Don will bring fireworks back when he is reinstalled at WH: the delusion continues

 

Supremes: NY must let everyone even 6 year old  use guns everywhere even church

Judge: bump stock is legal to kill like a machine gun since not a machine gun

Navy: US may be running out of weapons: contractors charge more overnight delivery

 

Religious "medical cost-sharing plan" costs $160,000 for operation: junk “insurance”

Jennifer Shah UT caught $9.5 mil fraud endorsed “little or no value” products: jail 11yr

7 Things That Damage Your Credit Score: Closing a credit card account

 

Trump org caught criminal tax fraud costs only $1.6 million; 0.0001% of wealth, no jail

Forster & Garbus caught illegal debt-collection practices: no doc suits of Discover Citi

Charles Richard Burgess caught fleecing investors $4 million Ponzi promised 10%: jail

City National Bank caught relining Black and Latino communities: fine, no jail

 

Scam companies use Fed names to trick us to give biz details used to scam us

GOP says Biden’s CPSC will take away our gas stoves: Lie like Obama is not American

Biden asked “how could anyone be so irresponsible with secret docs”: Everyone has docs

 

Do we really want gamers to be playing games while driving? Cars as entertainment?

Drivers with drive assist features get lazy: allow car to drive itself: eat, text, stop focus

Driver falls asleep on autopilot: driver finally woke up to stop for cops: suspended license

 

Jobs

The happiest, least stressful, most meaningful jobs in America

public charging station tech, infrastructure, EV mechanic

15 of the Fastest-Growing Jobs Today: job highlights of 2023

 

Jobs created by new businesses

Make a change soon: 15-jobs-that-will-shrink-the-fastest-over-the-next-decade

 

Who owns your account now?

10 Least Satisfying Cars, According to Consumer Reports

Best emergency fund rates

Transform 529 plan Roth transfers into estate planning vehicles: keep more

 

File IRS tax return Jan 23 free efile; Last year, the average refund issued was $3,176.

FAA shuts all US flights down after bug got in 30 year old software: terrorists?

 

Miracles:

Some towns help citizens stay out of medical bankruptcy

Earth's ozone layer is slowly but noticeably healing

People with type 1 diabetes offered an artificial pancreas, “holy grail” for the disease.

Nature: Alps from Golden Eagle perspective: Awesome!’

 

 

 

 

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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

Energy into matter: scientists converted light energy directly into matter in one step

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.

Gold made from neutron stars: collisions produce more neutrons:79 protons,118 neutrons

The proton is so complicated science still finds new energy entities/forces every year.

 

“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.

Scientists build 'baby' wormhole as sci-fi moves closer to fact: inside quantum computer

starts-with-a-bang/universe-expansion-not-accelerating/

 

 

 

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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

http://www.theinsidersguides.com/

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

 

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