Make your grandchild a millionaire

 

Make your grandchild a millionaire

If you are wealthy or they have time to accumulate wealth, you can help them have enough money to do what they really want to do. 1^st case: give each grandchild $15,000 a year with no gift tax. A custody or cash account with your stock mutual fund can become a $million in 20 years. 2^nd case: give each grandchild $250 a month using automatic investment from your bank account. A custody or cash account with your stock mutual fund can become a $million in 35 years. If they convert their account to a Roth IRA the account earnings will become tax-FREE when they take the money out.

Gift of a lifetime: https://www.amazon.com/Give-your-Grandchild-1000000-Lifetime/dp/1456433105/

 

Can Congress complete the Social Security stabilization for us?

The SS Trustees Report says that we will have our SS benefits cut by 25% in 2034—just 12 years away. Congress has trouble understanding it takes time to accumulate the funds that will provide the benefits. Reason: most are multimillionairs and won’t need benefits. Wealthy members don’t want to think about taxes. Some don’t even realize that global warming is reducing their $ billions of assets. However, if we are to survive in retirement, we need to convince the split Congress that Americans agree on THREE things: ensuring Social Security cost-of-living adjustments (COLAs) are enough to, at minimum, keep up with inflation; reinstating Social Security payroll taxes on people earning more than $400,000 per year; and providing a Social Security credit to unpaid caregivers. Because Congress may not agree in time to correct the situation, prudent folks must take action.

Start today: https://www.amazon.com/Maximize-Social-Security-Benefits-Retirement/dp/1495439224

 

Are stock dividends the best way to create retirement income?

Some advisors are convinced that stock dividends are the best way to fund our retirement. Few stocks pay over 3% in dividends. At $6 a year, owners of 3M for instance, must own 5,000 shares at $194 a share or about $1,000,000. Luckily, dividends are taxed at lower rates than income from 401k or IRA funds. However, we may do better by owning non-dividend shares like those in the S&P 500 that we can sell as needed with fewer taxes. Also, with inflation returning to the historical 3%, a dividend yield of 3% may actually be losing us long-term buying power. Stocks returns beat inflation. The other benefit of owning non-dividend stocks is that we can sell when the price and tax benefits are greatest. If we have other retirement income like taxable 401k and IRA money, we can postpone selling stock for income. We may have periods when we can convert the taxable money to tax-FREE money and thus lower our tax burden over time. We may need a one-time fee-only planner to help us create tax-FREE retirement income.

Tax-FREE spending: https://www.amazon.com/Tax-FREE-Retirement-code-lifetime-income/dp/1475206976

 

$10,000 annual fee

Do you realize that is the amount you are paying your advisor every year? If your portfolio is $500,000 and your expense fees and charges and 12b-1 and trading costs and timing mistakes total up to 2% each year, you could be falling behind your ultimate goal in a big way. Year after year with most costs hidden in quarterly statements and prospectus, you can lose up to 50% of your possible accumulation because of the compounding of costs. Compare your account balance to the account balance if you were using a 0.04% stock market index fund. DALBAR returns tracker says the difference can be 7%--3.79%vs11.06%. If your assets earn more than 2% and you pay 2% TOTAL costs, you lose a year of earnings if there are any. If the market falls, you lose more since there are no refunds if advisors fail to better the stock market index. For most advisors, if their market picks fail, they will increase trading costs to try to avoid a loss. This just makes matters worse. But by the time you see the loss or lack of gain, that period is over and there is nothing you can do. You could move your assets to the Best Robo available.

https://www.amazon.com/Best-Robo-Advisor-Ultimate-Automatic-Management/dp/1537111957

 

Another way the wealthy avoid taxes

Trial lawyers haul their mass tort winnings to tax-haven Puerto Rico

And you wonder who will pay off the skyrocketing National Debt of $28 Trillions. These lawyers, who get the lion’s share of the opioid death settlement, are moving outside the US to avoid taxes on their $2 Billion fees. This “self-described West Virginia hillbilly” did not move his family so you know he is purposefully violating the law: “If you’re a lawyer in San Juan sitting behind a computer screen, you pay zero state and federal income taxes.” You may not be ready to leave your family and friends and move your office to PR so what can you do to avoid paying THEIR share of the $28 Trillion? You can avoid some of your income taxes by using deductions from your business activities like the former president does, but that takes time and money to set up. An immediate way is to take advantage of the current legal IRS-approved retirement accounts. 

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

 

61% of households paid no federal income taxes in 2020

Are you one of the few who paid taxes last year? Households making less than about $28,000 will not owe income taxes this year, nor will about three-quarters of families earning between $28,000 and $55,000, the Tax Policy Center found. That means if you earn over about $22.47 an hour, you will owe the IRS in 2021. Congress is so divided politically; few expect the new taxes needed to cover our spending and debt interest will show up before year end. Long vacations add to the problem. Increased corporate taxes and changes in capital gains tax rates are likely to be debated for months. It is not clear whether Congress will even give the IRS the funds to collect taxes owed by the wealthy. Will middle-class families in high property-tax states ever get to deduct them fully? Will Biden be able to protect small business as Biden promised? You and small businesses don’t have access to the army of lawyers and accountants that allowed 55 profitable large corporations to avoid paying any federal corporate taxes in 2020. They cannot shift profits into tax havens to avoid paying U.S. taxes like multinational corporations can. 

You can avoid paying their taxes: https://www.amazon.com/Trump-Tax-Shelter-Avoid-taxes/dp/1985448300

 

American tax system: socialism for the rich: "only the little people pay taxes"

 https://www.amazon.com/Americas-Socialism-Rich-little-people/dp/1535218584

 

 

 

**********ACCOUNTABILITY**************

 

 

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

 

 

Our Jan 6 ‘Truth and Reconciliation Commission’

 

Head of terrorist group gets 5 months

 

Capitol police sue Trump, his terrorists

 

House seeks Trump-terrorist link docs

 

Trump lawyers sanctioned for abusing justice system

 

Terrorist plotting to kill Gov gets 6 years

 

How Govt wastes our money:

US surprised Taliban guerillas still around: 2,352 troops died: tired of $2.2 Trillion costs.

GOP wants to keep ‘anti-terrorist’ group in Afghanistan: Vietnam started that way

Are ‘Anti-vaxxers’ really free to put the rest of us in the hospital?

100,000 hospitalized with covid-19 a level not seen since Jan. 30 when vax not available

 

SCAMS/SPINS:

TX GOP pushes for suppressing Dem vote to re-capture House seats: SB1 passed

States redistricting GOP favor for next Congress: Dems voters put in fewer districts

 

Trump booed in AL rally after vax statement: mob turns on Leader who got vax?

Conservative talk show Phil Valentine dies with Covid-19: family pleads ‘get vax’

Mom’s 2 sons die of Covid: sons refused vax: ‘I wish I could have made them do it’

 

Do it for the KIDS: Anti-vaxxers making most vulnerable kids sick and sicker

 

OR School head tells parents how to get children out of wearing mask: claim disability 

CA pastor offering religious exemptions to avoid vaccine mandate: ‘war’ dead 635,000

KS school board gives medical or mental health exemption to avoid masks

 

LA GOP officials help with philosophical or religious exemption from Gov’s mask rule

FL anti-vaxxers wait on floor for anti-body treatment not vax: sick line up full hospitals

KY GOP court removes Gov power to curb Covid: GOP ends school mandate

 

Covid vax needs booster or not: not clear who when what where?

DeSantis, Abbott and Hogan anti-vaxxers running for the White House in ‘24

 

Dr Robert Karas AR prescribed anti-parasitic drug "thousands" of times: jail inmates

“You wouldn’t get your chemotherapy at a feed store.” MS folks taking de-worm drug.

The National Guard will see you now: GA hospitals staffed by military: Covid ‘war zone’

Judge: Sacklers, Oxy, get off too easy: legal immunities: killed 500,000; millions suffer 

 

 

Bolts catch fire: GM unbolts battery: do not charge indoors overnight

Malicious QR Codes Now Used by Online Scammers

 

Covid risk on cruise ships even if vax: older cruisers warned: no hospital onboard

Seniors’ biggest mistake: SS benefits don’t go up when you reach full retirement age

 

Robert J. Mueller TX caught: stole $58 million seniors’ nest eggs promised safe returns

ISC Advisors caught over charging fees for funds: no disclosure; no SEC reporting

Online casinos report big year taking $13.6 billion from desperate poor/unemployed

John Woods Livingston Southport caught Ponzi on 400 for $110 million “safe steady”

 

Laptop crash? You can imagine car’s autopilot may have same problem at 65 mph

 

 

Pro-gun states wish to disarm the ATF power to regulate complete firearms

Family Fascism: state law gives militia a “veneer of sanctioned credibility” armed picnics

 

Jobs

Cars wait for their computers: Ford Toyota GM stop lines: Covid cuts Malaysia workers

Telemarketer jobs going away, thankfully you don’t pursue these phone pests.

factory equipment manufacturers jobs vault to highs above 2019 levels: good pay

 

Delta charging no-vaxxers extra health care premiums: selfishness costs

Robots replacing low-wage workers pushed by venture capitalists

 

Who owns your account now?

Supremes as owners put millions on street: evicted before recovery: didn’t even sign order

 

Miracles:

Congress considers giving seniors Medicare dental coverage to some extent: on to-do list

Athletes helping young ones understand how money works: learning basics avoiding bad

Earth Fire: 2020 was Europe's hottest year on record

 

Greenhouse gas concentrations, global sea levels hit record highs in 2020

 

 

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

41 Watchung Plaza, B242

Montclair, NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

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

 

 

Add $1,000 to your refund before April 17

Up your refund by $1,000 before April 17

3 weeks to tax due. If you find you owe tax instead of hitting the refund button this year, you may still be able to claim your refund. You can reduce your 2017 income and receive a tax credit. Credits reduce your taxes dollar for dollar. In effect, IRS code can help you reduce taxes like The Don AND save for retirement at the same time. On line 32, Form 1040 or line 17, Form 1040a, you can enter up to $5,500 ($6,500 over age 50) as IRA contribution to reduce your income. If you meet the qualification, a credit will show up on Line 51, Form 1040 or Line 34, 1040a. You subtract this credit from your tax. EG: Income $66,000: tax refund is $3,335, without IRA contribution. With the contribution, the refund is $4,392 or $5,553 if you both make the contribution. Credit against tax is $400. IRS checks your IRA. Use: irs.gov/app/freeFile/jsp/index.jsp

For help with complicated returns: https://irs.treasury.gov/rpo/rpo.jsf

Take the deal: https://www.amazon.com/Tax-Refund-Millionaires-Let-Uncle-Help/dp/149595644X

Transfer other people's investment values to you

            “The stock market is a device for transferring money from the impatient to the patient.”     Warren Buffett

Your choice: You and your advisor can try to outsmart the market with millions of traders and likely earn 3.79% a year or let their money flow to you over time and earn 11%. The analysis of real investors showed that the average advisor- investor earned just 3.79% a year while the stock market earned 11.06% over the last 30 years. DALBAR’s

You can earn 11% by NOT letting advisors touch your money. 95% of active traders do NOT beat the market over time. The leading cause of bad returns is costs. Morningstar the rating firm found: “In every single time period and data point tested, low-cost funds beat high-cost funds.” Warren Buffett, one of the greatest investors of all time, has given us his formula. We must leave our assets alone. Riches come to those who do nothing but wait. All the things that our Wall Street advisor tells us to do are wrong. Buffett says growth comes from compound interest not trading, timing, or hedging.

Patience is profitable: https://www.amazon.com/Patience-profitable-passive-investments-beat-Street/dp/1986843777

The Trump Tax Shelter

Clearly the Trump tax plan helps businesses and the wealthy. Trump even cut the Pease limits. The Pease limitation capped the value of itemized deductions for wealthy taxpayers. There is no reason why you cannot benefit from the tax code too. Using § 408 of the IRS code, you can create an unlimited account and never pay taxes on earnings. It eliminates taxes when taken out for your needs and can pass to your heirs tax FREE. No matter what your income this helps you avoid future taxes to pay off the national debt. All of the 2018 individual tax breaks are repealed in 2026 to pay for the permanent business tax cuts. Avoid paying for their windfall—35-21% tax rate. Corporations provide only 1% of our revenue now. 20 TRILLION dollar deficits mean each taxpayer owes over $160,000. Avoid getting stuck making up their share. 

Use Trump’s Tax Shelter: https://www.amazon.com/Trump-Tax-Shelter-Avoid-taxes/dp/1985448300

Wall Street is taking $500 BILLION+ from our accounts

All the things that our Wall Street advisor tells us to do is wrong

Set up your asset account and let it grow by itself. Don’t trade, time, hedge, etc.

Fidelity analyzed its most successful accounts. Results:

Either the client was dead or forgot about their account.

Warren Buffett has confirmed the same success factor. He says:

“The stock market is a device for transferring money from the                            impatient to the patient.”

“We continue to make more money when snoring than when active.”

The DALBAR study:

The average advisor investor earned just 3.79% a year while the stock market earned 11.06% over the last 30 years.     DALBAR’s QAIB

Morningstar the rating firm found:

“In every single time period and data point tested,

low-cost funds beat high-cost funds.”

Invest in 'Assets that grow by themselves'? : https://www.amazon.com/Assets-that-grow-themselves-snoring/dp/1986381226

GOP defied The Don last month and gave more money to SS for backlog

Congress made a downpayment on a badly needed fix for the customer-service crisis plaguing Social Security. Lawmakers ignored the Trump administration’s request to hold the SSA budget flat, instead boosting the agency’s administrative budget by $480 million. Demand for SSA services is rising as the nation ages, with about 1 million new claimants coming on board each year. But budget cuts have forced sharp reductions in staffing and other resources that have damaged the agency’s ability to provide effective, timely public service. Long lines form daily outside many local field offices. Our local office was closed 5 years ago. And the backlog of people waiting for a hearing on claims is more than 600 days. Apply online: https://secure.ssa.gov/iClaim/rib

Avoid SS benefit cuts: https://www.amazon.com/Forget-Social-Security-Medicare-Lifestyle/dp/1466394285

IRS free filing sites avoid $300+ cost of filing taxes

Commercial tax prep sites offer expensive loans as advances on your refund but you can keep your whole refund using the IRS free filing partners. Refunds can be in your account within 2-3 weeks. Remember: IRS does NOT call you. The average refund is over $3,000. Check if you have a refund for a previous year—there is over $1 billion from 2014 alone. https://www.efile.com/unclaimed-irs-tax-refund-checks-and-bank-deposits/. Need previous year return (transcript): https://www.irs.gov/individuals/get-transcript. Check your refund: https://sa.www4.irs.gov/irfof/lang/en/irfofgetstatus.jsp.

You can create a tax-free retirement fund of $500,000 with that amount each year. If you need free tax preparer service for your 1040, use AARP Tax Aides near you. Bring last year’s return and ID: https://www.aarp.org/money/taxes/aarp_taxaide/. If you have a simple return: FreeTaxUSA or FreeFile: https://apps.irs.gov/app/freeFile/jsp/index.jsp.

Use your refund to fund your tax-FREE IRS approved account: https://www.amazon.com/Tax-FREE-Retirement-code-lifetime-income/dp/1475206976

Is holding life insurance for estate tax right for you?
Each family needs to consider whether their specific circumstances warrant holding this asset to pay for estate taxes? Will there be an estate tax in the future? The federal tax exemption was doubled to $11.2 million (double if couples plan) but only through 2025. If you will not be liable, the reason to pay for this asset is gone. Life insurance is usually a bad investment. So if you don’t need a contract to pay the federal or state estate tax, there are better investments. Your policy will show the guaranteed cash value (and additions) at age 85 and 90, so compare these values to a balanced fund accumulation for the same period at the same premium/contribution level. Try 6%, 7% and 8% rate in this:  http://www.moneychimp.com/calculator/compound_interest_calculator.htm. If you pay $3,000 a year, enter that. If you are age 70, enter 20 years. Compare $132,000 to age 90 values in the contract. If you have held the contract for a long time, cashing it in will cost income taxes on the gains like any asset. You should contact the carrier or agent for options like loans, paid-up coverage or conversion to an annuity. Finally, you may want to obtain ‘life settlement’ quotes. Investors will pay you cash in order to collect on your death. Beware: that creates a tax bill too. Ask Hunt: http://www.evaluatelifeinsurance.org/.

Do what is best for your retirement: https://www.amazon.com/Your-Retirement-Spending-Plan-enough/dp/1461084016

Health insurance premiums to rise—existing conditions to cost more each year

The new U.S. Department of Labor proposal would allow the “short-term” health insurance market to go from offering 90-day “skinny” policies to 364-day policies, while being able to increase premium prices based on age and even deny coverage to those with pre-existing conditions like cancer, diabetes and asthma. “We could see premiums for 50-64 year olds cost five- or even 10 times what younger people pay.” AARP contends premium increases could hit the $4,000 mark or higher annually for 60-year-olds who buy a silver plan in the Affordable Care Act marketplace if the short-term marketplace is allowed to expand. Trump has pushed for these age/illness rated policies after cutting the subsidy that allowed millions more to be covered. He has encouraged the young healthy group to cut their coverage. Buy affordable catastrophic coverage or remain in your employer plan: https://www.amazon.com/Health-Insurance-ONLY-right-policy/dp/1480125083

Is a laddered CD plan right for you?

When CD rates are rising as they are expected to do in the coming year, what do you do with your accounts coming up for renewal? If you renew for another 5 years to catch a higher rate, you might miss the extra 1% which may come in a year. Today, a 5 year pays 2.75% at an internet bank run by Goldman Sachs. You lose interest if the rate climbs 3% in 5 years. Under normal circumstances, you may earn more interest by dividing your balance into 5 equal amounts and buying a 1, 2, 3, 4, and 5 year paper. Then when each matures, you buy the current 5 year if you don’t need the money. Each year, you are going long to take advantage of the higher returns and you have cash if you need it.

An alternative is to rely on a Tax-Managed Balanced Fund. With over half of its assets invested in federally tax-exempt municipal bonds and half in non-dividend stocks, this fund has maintained steady returns of 7% while creating little taxable interest. This combination of securities will reflect new interest rates and avoid loses. Cost: 0.09%.

Go long—build your future: https://www.amazon.com/Go-Long-Reach-Wealth-Starting/dp/1519376189

Is an advisor using the fiduciary rule right for you?

Despite the fact that Trump has nullified this requirement for financial sales people, you can still hire professionals who live by the rule. If you are looking for an advisor, ask for those who follow it. There are advisors with the degree CFP who “must act in the best interests of the client.” These pros place the interests of the client above the interests of the CFP professional and the CFP professional’s firm. They lose their license if they fail.

Use fiduciary protection: https://www.amazon.com/Fiduciary-Rule-BEST-dont-lose-anymore/dp/1530980275

Best gift for your graduate this year

Money to start their long-term investment account. There is one important fact about investing that we usually learn too late to help: Time value of money. What’s that mean? Your graduate can practically guarantee themselves a great nest egg in the future if they use TIME to grow their investments 10 times. They can spend $30,000 for every $3,000 they invest early. With 30 plus years to compound, $250 a month, $3,000 a year can grow to $1,000,000 in 33 years. INVEST EARLY: people aged 35 have to set aside 11.69% of their pay to keep up with those in their 20s socking away only 6% of their salary, based on calculations by Financial Engines. Index funds are a good investment, as they are less expensive than other options. Pay less and earn more. Set up a Roth IRA if you have no access to an employer-sponsored retirement plan.

Create a Roth in 1 hour: https://www.amazon.com/401k-IRA-Tax-FREE-Tax-Deferred-retirement/dp/1475057938

****************

Make America, “The Don” Great Again

‘I’m the only one that matters’ Mob Boss, Nov 3, 2017

Trump to refuse to answer special prosecutor’s questions: Above the law?

The Path to Dictatorship

“I have absolute right to do what I want with the Justice Department”

China has ‘leader for life’: “maybe we’ll have to give that a shot someday.”

Putin’s influence: Manafort, Flynn, Gates, Page, Stone, Papadopoulos, Sater, Zwaan, Prince, Jr, Jared, Sessions, etc 

Putin controls US power utilities and 21 state voting files, etc

“The election is going to be rigged—I’m going to be honest” 

************************

How Govt wastes our money: Congress spends $1.3 Trillion we don’t have! The kids will pay.

Congress voted 2,300 pages of spending no one read. Trump TV condemned his signing.

Schools buying rocks for students to throw at AK 15 intruders—30 rounds/min vs rock.

‘First strike’ Bolton can cost us $2 Trillion war in Iran, Korea: 1 million lives?

Trump’s ‘doc’ to failing agency: 400,000 employees : Nice guys can’t fix VA problems.

SCAMS:

Smart owner-only guns can be effective; like cars we can make guns safer.

Beware: Diesel VWs failed emissions parked in desert tweeked for resale.

Trump does not need lawyers—he knows more than anyone about the system.

GOP Congressman links Parkland survivor Emma to communist Cuba – Sick Alt Right

Trump lawyer talks pardons with indicted witness Manafort to keep him quiet

TX woman gets 5 years in prison for voting while on work release –she is black.

EPA workers/scientist told to lie about global warning while Easter Is is washed away

Parkland killer of 17 getting love letters, money – what is wrong with people?

TX pastor to GW Bush caught selling worthless Chinese bonds to congregation

Jobs:

Despite bad treatment, FBI exec asks young people to work as civil servant in FBI.

Shell oil plans to manage climate change to Paris accord despite Trump

SS got extra $480 million to deal with poor service and hiring more CSR.

http://www.wealthmanagement.com/industry/merrill-edge-hire-300-advisors-2018

Who owns your account now?

New Medicare card in April with separate number so thieves can’t have your SS# etc.

Miracle:

Can Mattis, Defence keep Bolton & Trump from sending us to war--Iran, Korea, etc?

Chicago White Sox gives exonerated killer his old job back after 24 years.

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alert

You can increase refund or cut tax

It is not too late to increase your refund or cut IRS tax

Tax filing is half over. If you find you owe tax instead of hitting the refund button this year, you may still be able to claim your refund. You can reduce your 2017 income and receive a tax credit. Credits reduce your taxes dollar for dollar. In effect, IRS code can help you reduce taxes like The Don AND save for retirement at the same time. On line 32, Form 1040 or line 17, Form 1040a, you can enter up to $5,500 ($6,500 over age 50) as IRA contribution to reduce your income. If you meet the qualification, a credit will show up on Line 51, Form 1040 or Line 34, 1040a. You subtract this credit from your tax. EG: Income $66,000: tax refund is $3,335, without IRA contribution. With the contribution, the refund is $4,392 or $5,553 if you both make the contribution. Credit against tax is $400. IRS checks your IRA. Use: irs.gov/app/freeFile/jsp/index.jsp

For help with complicated returns: https://irs.treasury.gov/rpo/rpo.jsf

Take the deal: https://www.amazon.com/Tax-Refund-Millionaires-Let-Uncle-Help/dp/149595644X

All the things that our Wall Street advisor tells us to do is wrong

Set up your asset account and let it grow by itself.

Fidelity analyzed its most successful accounts. Results:

Either the client was dead or forgot about their account.

Warren Buffett has confirmed the same success factor. He says:

“The stock market is a device for transferring money from the                            impatient to the patient.”

“We continue to make more money when snoring than when active.”

The DALBAR study:

The average investor earned just 3.79% a year while the stock market earned 11.06% over the last 30 years.     DALBAR’s QAIB

Morningstar the rating firm found:

“In every single time period and data point tested,

low-cost funds beat high-cost funds.”

What are these 'Assets that grow by themselves'? : https://www.amazon.com/Assets-that-grow-themselves-snoring/dp/1986381226

Is your advisor living up to the promises?

How do you judge your advisor as an advisor about money management and meeting your goals? Do you just ask that they not lose your money? Over what period to you judge their results? Are you fair with YOURSELF? Sales people always have a good story. Just listen to any TV commentator or your own advisor. “Market went down because ….” Do you check the benchmarks? A stock market index fund has provided 11.11 since 1976, 21.67% in 1 year; 11.26% in 3 years; 15.62% in 5; 8.37% in 10. If your advisor is providing a 40% stock 60% bond portfolio for ‘safety’, are they exceeding the classic balanced fund after fees: 9.85% since 1970; 10.20% in 1 year; 6.45% in 3; 7.31% in 5; 7.11% in 10. If not, why not? Fees are the largest drag on returns. Maybe it is time to go your own way since success in stock picking is very hard.  

Try the new way: https://www.amazon.com/Build-Your-Tax-FREE-Wealth-Reserve/dp/1456505041

Warren Buffett provides FREE advice on how to beat the Wall Street pros

He bet a market guru on Jan 1 2008 that his SIMPLE advice would beat the professional money managers. He took a bow in his annual letter to his fund owners: “A virtually cost-free investment in an unmanaged S&P 500 index fund would, over time, deliver better results than those achieved by most investment professionals …” And his choice did after inflation—8.5% a year vs 2.9%. “American investors pay staggering sums annually to advisors, often incurring several layers of consequential costs,” and with little to show. Buffett’s final message: “As an investor’s investment horizon lengthens, however, a diversified portfolio of U.S. equities becomes progressively less risky than bonds.” Read how a really successful investor earns over 19% a year. Read why PI is important to us:

Earn more with Buffett’s SIMPLE strategy: https://www.amazon.com/MasterClass-Buffetts-SIMPLE-Strategy/dp/1983485268

Did you leave a pension at a past employer?

We change jobs or employers fold and leave our money with the PBGC. Sometimes the bankruptcy takes a long time and you are never notified how much is yours. You may be able to claim your portion of the $ millions left behind. First, search the PBGC: https://www.pbgc.gov/search/unclaimed-pensions. Second, try the Dept of Labor: https://www.dol.gov/agencies/ebsa/about-ebsa/ask-a-question/ask-ebsa. The best option, according to Bloomberg: Call one of six regional pension counseling projects affiliated with the Washington-based nonprofit Pension Rights Center (pensionrights.org). The regional offices handle a range of retirement-benefits issues for consumers and act as a liaison with the plans. Elizabeth Warren’s law would create an Office of Retirement Savings Lost and Found to serve as a clearinghouse for retirement plan information and require employers to provide data for a national searchable database that could be used by all retirement plan participants. GOP may cancel funding for Warren’s law in their panic over lost revenue this year.

Fix your current pension: https://www.amazon.com/Robbing-You-Blind-401k-fees/dp/1493588966

Would you rather earn 8.5% a year or 2.4%?

Buffett won his bet with 5 Wall Street ‘professionals’ that the Vanguard 500 Index fund would provide a better return than the pros. The Index fund returned 94% vs 24% over 10years. Why don’t most investors use index funds? Most think the expensive Wall Street ‘professional’ managers are smarter than the market itself. Managers take a lot of fees from investors but 95% of them fail to match the market. No manager knows the future. No manager can know all the conditions affecting the companies. Luck has role.

Bet on Buffett’s strategy not on Wall Street’s ‘experts’: https://www.amazon.com/You-Beat-Wall-Street-professionals/dp/1986031373/

20% of us aren’t saving any money; 78% living paycheck to paycheck

Most say expenses are the biggest obstacle, with 39% of the respondents citing this as the main reason they’re not saving. 16% said their job isn’t good enough, while an equal amount said the main reason they aren’t saving more is because they haven’t gotten around to it. Living with debt and no emergency is the American way. Perhaps in this culture of immediacy we don’t worry about tomorrow like older generations HAD to. No jobs and starvation was a prime motivator after the 1930s wiped out their way of life. (NOTE to climate deniers.) Without preparation, some could find housing in L.A. for the homeless. Others may find food illegally from volunteers. Others may try making it on $9 per hour if they can find work. Even if we work all our lives the average SS benefit is $1,341 a month. That may be cut 25% in 16 years if GOP holds Congress majority. There are more retirees and fewer workers so we either stop making wars, bombs and missiles or we live shorter lives.  

Start your own Wealth Reserve: https://www.amazon.com/Forget-Social-Security-Medicare-Lifestyle/dp/1466394285

IRS free filing sites avoid $300+ cost of filing taxes

Commercial tax prep sites offer expensive loans as advances on your refund but you can keep your whole refund using the IRS free filing partners. Refunds can be in your account within 2-3 weeks. Remember: IRS does NOT call you. The average refund is over $3,000. Check if you have a refund for a previous year—there is over $1 billion from 2014 alone. https://www.efile.com/unclaimed-irs-tax-refund-checks-and-bank-deposits/. Check your refund: https://sa.www4.irs.gov/irfof/lang/en/irfofgetstatus.jsp

You can create a tax-free retirement fund of $500,000 with that amount each year. If you need free tax preparer service for your 1040, use AARP Tax Aides near you. Bring last year’s return and ID: https://www.aarp.org/money/taxes/aarp_taxaide/. If you have a simple return: FreeTaxUSA or FreeFile: https://apps.irs.gov/app/freeFile/jsp/index.jsp.

Use your refund to fund your tax-FREE IRS approved account: https://www.amazon.com/Tax-FREE-Retirement-code-lifetime-income/dp/1475206976

One advisor claims investors are turned off by advisor’s bling

Nick Richtsmeier says his industry must stop trying to impress the wealthy to become clients. “It’s an empathy gap that is the effect of decades of culture in the financial services that creates a barrier between people who give advice and those who need advice,” he says. Brokers/advisors created the image of a financial professional as one wrapped in luxury cars, exclusive neighborhoods, expensive clothes and jewelry. Somehow this proved they were successful at making money but investors are now realizing that THEY, the investor, had to pay for all that bling. “Clients today are more interested in facilitating high-quality decision-making,” Nick says. The average financial advisor makes approximately $140,000 a year, says Richtsmeier, but the average American household reports an income of less than $100,000 a year. Most of the advisors I have worked with make less than $90,000. Most Americans who reach $1 million in assets have already been investing effectively on their own. Advisor fees can hurt more than help you. Try paying less and earning more.

Move to the next level: https://www.amazon.com/Best-Robo-Advisor-Ultimate-Automatic-Management/dp/1537111957

Avoid these cars according to JD Power

In 2016, Kia leapt to the No. 1 spot, ending the nearly 30-year reign of premium brands. It held on to that top spot for 2017, with Genesis, Porsche, Ford, and Ram rounding out the rest of the top five. But while a rising tide lifts all boats, there are still winners and losers. 10 with the most problems you should not buy: Infiniti, Jeep, Subaru, Audi, Mazda, Land Rover, Mitsubishi, Volvo, Jaguar, Fiat. Consumer Reports shared similar views. After ownership, Power likes this list of most dependable: http://www.jdpower.com/ratings/study/Vehicle-Dependability-Study-%28VDS%29-by-Make/846ENG

Save with discount insurance: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

****************

Make America, “The Don” Great Again

Palace intrigue: Trump’s movie will star himself and family in 2022. Putin does cameo.

(Putin has videos of the star in compromising XXX sex acts we can’t describe here)

Trump’s stage name is ‘David Dennison’ when others pay $130,000 for his sex.

A movie is the only way to understand how Putin got Trump elected. Will Putin poison him?

(Mel will tell all in her new own book)

Jared/Prince made a secret ‘back channel’ to Putin … like Benedict Arnold?

Our intel agencies: we are under attack and Prez says not—aid and comfort to enemy?

Bannon admits the Trump-Russian meeting was “treasonous”

If the Russians contacted you, would you call the FBI?

Jr didn’t. ‘collusion;’ … or treason!

Trump Is 'Doing Putin's Job for Him' by Attacking our FBI: McCain

Mueller indicts 14 more conspirators for illegally helping Trump win election

Putin’s influence: Manafort, Flynn, Gates, Page, Stone, Papadopoulos, Sater, Zwaan, Prince, Jr, Jared, Sessions, etc

How many other people can Trump blame for Putin’s meddling?

Putin has hacked control of our utilities

’I could shoot someone on 5^th avenue and not lose voters’

Trump to refuse to answer special prosecutor’s questions: Above the law?

Trump’s co-conspirators take secrets without clearances. Traitors?

GOP House will never impeach their ‘Savior’

The Path to Dictatorship

“I have absolute right to do what I want to do with the Justice Department,”

Trump Says He Has An 'Absolute Right' To Control The FBI and Justice Department.

(Court judges in Reich were instructed to submit lists of lawyers who would be trustworthy. The main requirement was absolute political reliability. Hitler’s Justice) Fill courts with Trumpism.

Bannon and I wish to “destroy the state”–our government: “I want to destroy regs”

GOP to destroy FBI investigators and rule of law to save their mob boss’s crimes

Mueller prosecuted Gotti too and won

FBI doing its job following Kremlin ‘advisor’, Page, a suspected Putin spy

Tillerson told the truth so the MORON fired him.

“I’m a very stable genius” Can you pass Trump genius test?

No real businessman would act or communicate like The Don. ‘My button is bigger’

Mafia boss methods do NOT work in government: can’t stop FBI investigation

Racist Trump calls Representative Waters ‘low IQ’ person

“Trump can’t be a racist: he had a TV show”

“Why are we having all these people from ‘shithole’ countries come here?

Trump creates religionists agency to justify discrimination

The Don defends sex assaulter and predators because … he is one!

The Don admits he “makes up things”—lies

‘I’m the only one that matters’ Mob Boss, Nov 3, 2017

The Don’s enforcers lie re: contacts to Putin and list longer: Why all the lies if innocent?

The Don’s election money from Russia via NRA   I love my Sugar daddy!

GOP suppresses vote: can voters make America normal again?

GOP uses unconstitutional gerrymandering to get elected. Supremes agree

Trump rated worst president we ever had; Obama #8 Reagan #9

‘I was elected President.’ (to destroy ‘the state’)

Dictator’s greatest weapon is fear: Dems are evil (TV ad)

Military moves into another cabinet seat so Iran restarts nuclear reactors

Trump: I want to fire any employee who does things I don’t like

Anyone who did NOT clap for my speech is “traitorous, Yeah”

“I can’t have a conflict of interest”: countries pay me rent

“Take the guns first, go through due process second,” dictator Trump said.

“He’s lost his mind”

How Govt wastes our money: Naked politics at work

Do we end up paying for Trump’s ‘secret’ whores?

Why deport law-abiding entrepreneurs—dishwasher to diner owner gone: America lost.

Trump withheld or censored more records last year than at any point in the past decade. 

Dayton OH schools lock guns in safes so they can eventually kill intruder: they feel safe.

Trump EPA man charged us $43,000 for a telephone booth in his office. What the … ?

Trump Treasury man used military planes ‘personal privacy’ cost us over $1 million

SCAMS:

What happens when two lying B.S. artists get together to talk?

Trump retreats on gun laws after late night visit--he fears NRA like the GOP he accused. 

            NRA made offer he can’t refuse. Mob money to mobster. ‘Let them kill kids!’

            Will killing the killer bring back 17, deter next sick killer or parents feel good?

            Student #1 injured from IN-SCHOOL gun-packing teacher—police state is bad.

"I’ve never been in a situation when I’ve been asked to ignore the facts because it was   more convenient,” ICE James Schwab.

Trump cancels Fiduciary Rule so advisor/brokers could exploit seniors retirement plans

Jobs:

Some Trump steelworkers will lose jobs not gain from tariffs. Overall net loss to America

Who owns your account now?

IRS giving you last chance to avoid penalties for hidden assets overseas.

Big banks are again free to bring down the economy and financial infrastructure. It costs             US $29 TRILLION in the 2007-8 bailout. We gave $ millions to foreign banks.

RMD: https://www.forbes.com/sites/bobcarlson/2018/03/15/rmd-strategies-for-your-retirement-accounts/#53176b21760a

Miracle:

Meet your soul-mate as avatar in internet game. Play the game for the rest of their lives.

Porn star ‘search for the truth ’shames President: money back guarantee for services.

Dems beat Trump’s candidate again—in deep coal PA—overcame 20 pt GOP win and            Pelosi image and abortion and gun ban and ‘left hates Trump and God.’

IAN

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973.746.2014

www.InsuranceAdvisorsNetwork.com

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