Friday, December 29, 2023

You only need $250 a month to create your retirement fund

 

Readers: Happy Holiday days spread by your cheer and good will.

                                                                                                                                                                                Dec 2023

 

 

Are interval funds right for you?                                                            

An interval fund is a type of closed-end mutual fund that doesn’t trade on public exchanges. Interval funds are among a broader class of limited liquidity structures—that including business development companies, tender offer funds and non-traded REITs—are meant to be more accessible to retail investors with lower minimums, no drawdowns, simplified tax reporting and regular liquidity windows (intervals). Interval funds have investment minimums as low as $25,000 to $50,000 and are open to accredited investors. They typically provide redemptions up to 5% per quarter. Most carry some cash reserves or a liquidity sleeve alongside their core investment strategy in order to make that liquidity available. Interval funds are popular as a vehicle for debt and fixed income strategies. As of 2022, about 60% of interval funds fit into this bucket. Real estate is another popular asset class for interval funds. The fund periodically offers to buy back a percentage of outstanding shares at net asset value (NAV). The rules for interval funds, along with the types of assets they hold, make this investment largely illiquid as compared with other funds. High yields are the main reason investors are attracted to interval funds. Minimum investments are often between $10,000 and $25,000 and have expense ratios as high as 3%. This is way beyond the 0.04% cost of an index fund. Your sales fee of 5.75% may lower your returns also. Calculate the impact of all costs on the fund you invest in since promises of high yield are not guarantees.

https://www.amazon.com/MasterClass-Buffetts-SIMPLE-Strategy/dp/1983485268

 

You only need $250 a month to create your retirement fund

Yes, because the compounding of stock returns over time, you can create a $1 million fund in about 34 years. You pay about $102,000 over time and compounding does the rest. The average annual stock market return is 11%. From 1989 to 2022, the return was 11.94% before inflation. $250 per month is manageable for most folks. That may be a new car or the total internet plus screening program fees. As long as you are not paying off a huge debt, $250 is a small price to pay for a comfortable retirement. And a $ million may not be enough since people are living longer and medical bills are getting higher. The fact remains that the Miracle of Compounding helps you attain your goal and it only takes time.

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

 

Ride the stock market for life

Since 1976, the Vanguard 500 Index fund (VFINX) has provided over 11% average annual return. Over those 47 years you could have amassed $4.7 million from $3000 annual addition (not counting inflation). Compound interest works. This is the fund Warren Buffett picked to be his sole investment for retirement. He picked a Fed fund to hold his annual income provider, moving his stock market gains and dividends to it annually. That is his advice for most of us in order to avoid the costly monthly, quarterly or annual commissions and fees of “professional” advice. For the really smart among us, a Roth IRA (never taxable) account is the best vehicle for our money. Created in 1998, the Roth IRA accumulations are never taxed so when you need cash for large expenses; you sell VFINX shares ($440 each) but pay no capital gains. After 20 years your balance is over $200,000. As the fund pays dividends you pay no tax on interest annually. As a regular investor, this is the best set up for a life of growth and income. You only have to leave the account balance alone while you add $250 or more a month. Simple, but difficult for most of us to do.

Only for the few: https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592/

 

How did you do in 2023?

 

Some readers use the Vanguard Top 10 funds. Here is how they did in 2023.

 

2023 Total Return Vanguard Fund   Long-term Return      Longevity

26.21% 500 Index VFINX                              11.02% since 1976

 8.73% Energy                                                  9.31% since 1984

26.48% Extended Market                                10.09% since 1987

 3.65% Health                                                  15.17% since 1984

13.09% International Growth                            10.04% since 1981

27.17% PRIMECAP                                       13.42% since 1984

19.23% Small Cap Index                                  10.6% since 1960

6.78% Wellesley Income                                    9.16% since 1970

14.92% Windsor                                              11.22% since 1958

21.07% Windsor II                                          10.68% since 1985

16.73% Average                                              11.1% *

            *Average Annual Returns as of 12/28/23

 

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

 

 

 

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

 

Mar 11 2023 Pence straddles his place in history

 

Mar 31 2023 Trump indicted misusing election money

 

Apr 7 2023 One GOP guy decided which drugs we can use

 

Apr 9 Illustrated Anne Frank book removed by Florida school

 

Apr 21 Trump: “I am your justice

 

May 9 Trump guilty of sexual abuse

 

Jun 8 Trump indicted by the United States of America

Violation of the Espionage Act

Conspiracy to obstruct justice

Making false statements 

 

Aug 1 2023 Trump indicted by the United States of America

Conspiracy to defraud the United States

Conspiracy to obstruct Congressional proceeding

Obstruction of and attempt to obstruct an official proceeding

Conspiracy against right to vote

 

 

Attempted coup d'état by any other name

 

350+ people have been sentenced to jail or prison.

 

 

Trump and His Gang Get the Mob Treatment

 

Aug 4  “IF YOU GO AFTER ME, I’M COMING AFTER YOU!”

 

Mobster #1 Enrique Tarrio gets 22 years 

Mobster Stewart Rhodes sentenced to 18 years

Mobster Ethan Nordean gets 18 years

Mobster Dominic Pezzola sentenced to 10 years

 

 

 

Aug 14 2023 Trump & 18 indicted by the State of Georgia

 

VIOLATION OF THE GEORGIA RICO (RACKETEER INFLUENCED AND CORRUPT ORGANIZATIONS) ACT SOLICITATION OF VIOLATION OF OATH BY PUBLIC OFFICER

CONSPIRACY TO COMMIT INIPERSONATIN PUBLIC OFFICER FIRST DEGREE

CONSPIRACY TO COMMIT FALSE STATEMENTS AND WRITINGS

CONSPIRACY TO COMMIT FALSE DOCUMENTS

FORGERY IN THE FIRST DEGREE

CONSPIRACY TO COMMIT FALSE STATEMENTS AND WRITINGS

FILING FALSE DOCUMENTS

SOLICITATION OF VIOLATION OF OATH BY PUBLIC OFFICER

FALSE STATEMENTS AND WRITINGS

SOLICITATION OF VIOLATION OF OATH BY PUBLIC OFFICER

FALSE STATEMENTS AND WRITINGS

 

 

Aug 24 2023 The Don, Racketeer: GA jailhouse real ‘mug’ shot

 

Oct 2 2023  Kelly, Trump’s staff, confirms Trump called our veterans/wounded soldiers “suckers

 

Dec 2023: Trump using Hitler language to scare us

 

Wannabe Dictatorto run our House of “Representatives

 

 

 

Jan 2025 Dictator pardons himself: his Supremes agree

 

 

How Govt wastes our money:

military space plane blasts off on another expensive secret mission that lasts years

Wasted taxes: NASA Valkyrie, humanoid robot, works in space: costs $2 million

ME takes Trump of ballot as insurrectionist

Court of appeals not Supremes to decide if Trump is above the law: insurrectionist OK?

Judge accepted new Georgia voting districts that protect Republican advantages

 

SCAMS/SPINS:

GOP gerrymandering in WI districts ended by Supremes: stop district separation

GOP doubts election votes counted accurately: democracy in balance

 

$660 for telehealth analysis of sinus infection: fluticasone, and an antibiotic, Keflex

 

Teen kills sister during fight over Christmas gifts

 

Chingyuan “Gary” Chang CA stole $58,560 from clients, illegal securities sales.

LPL caught violating supervision 125 clients $650,000: sales practice violations: fine

 

BlendJet recalls 4.8 million portable blenders over lacerations and burns 

 

Jobs

AI will help you land your job in 2024

 

Who owns your account now?

So it comes down to this: talk to a lighted table lamp when you have no one else

Why some folks don’t retire: many over 65 don’t want to take traditional retirement

SS benefits not as great as we think they are: when to take SS early  

Living alone is on the rise for all ages except for 21 year olds

 

 Homebuyers are getting much older: costs rise faster than incomes

Ozempic stop addiction: weight loss: stopped drinking, smoking, shopping, nail biting

IRS rules for RMDs has changed: changes in age to start

 

Miracles:

Alabama woman with two uteruses gives birth twice in two days

Completely new cause of diabetes discovered: new treatment may be tested

New Advancements in Managing and Treating Lupus

A new study uses vibrating molecules to obliterate cancer cells

 

One AI engineer warns, “We’re creating God.”

Scientist can convert planet-warming carbon dioxide into a harmless powdery fuel

 

Flowers evolving to pollinate themselves as insect populations continue to die off

“Good relationships lead to health and happiness” Harvard Study of Adult Development

 

 

 

@

 

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.

A ‘particle’ is an event; not an objective thing. This event is set of complex relationships.

New theory may finally unite Einstein's gravity with the quantum world

Our Reality May Be a Sum of All Possible Realities

 

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

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

In place of atomic lattice, light waves used to create an optical lattice with same geometry

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

Quantum mechanics violates local realism: two objects behave as single system at 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

Strange state of physics that allows energy to flow frictionlessly through a material

Bending light from extreme gravity reveals largest black hole so far

Curved SpaceTime: heavy masses and simultaneously quantum effects become visible

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: created our time.

Our planetary system: rarest system: only 1% of all systems with same number of planets

 

Stars fueled by the self-annihilation of dark matter might have been spotted for the first time by JWST

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.

New method to study systems with long-range interactions: previously puzzling experts

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

 

Natural ‘missing law’ explain how universe evolved: functions increase in complexity over time

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

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

Physicists knew black holes eventually disappear particle by particle. Now they think everything else does, too.

Astronomers discover raw materials for life are present all across the Universe: methyl cation

 

 

 

@

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/ No AI used in these comments

 

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