Showing posts with label Big Con. Show all posts
Showing posts with label Big Con. Show all posts

Friday, September 29, 2023

Broker Bad Behavior

 

Our ‘collective’ rage

We are at war with ourselves. We are angrier about politics than we used to be. Is it because of conspiracy theories? No. We have had them since Sam Adams proclaimed that the British Empire literally wanted to enslave white Americans. Conspiracy theories that followed targeted the Bavarian Illuminati, the Masons, Catholics, East Coast bankers, a global Jewish cabal, and so on. Are social media responsible for our collective rage? No, social media didn’t cause political polarization. A large study showed that people were much more likely to share posts from news organizations or members of Congress that referred to their political out-group—i.e., the opposite party. Maybe we’ve all gotten angrier as a natural reaction to things getting worse. There’s simply very little evidence that the American public has become less happy about its concrete material condition. It wasn’t until Fox News was up and running that we started to see permanent changes in the electorate. Trump taught HALF of all Americans to hate their government and the liberals who ran it. It was Trump on Fox News that fired up the evangelicals to settle for nothing less than complete destruction of the deep-state pedophiles. It is Fox News that has torched the American political system over the past two decades, and it is Fox News that we have to continue to fight.

https://www.amazon.com/Your-Plan-Live-Age-100/dp/1548180793

 

 

 

7 Social Security and Medicare Quirks That Can Trip You Up

If did not enroll in SS benefits during the initial enrollment period, you need to start Medicare by going directly to do so. Part B enrollment can be delayed; Part A (hospital) is automatic when you begin SS benefits. You can’t contribute to HAS if you begin Medicare. Additional charges (IRMAA) reduce benefits if your income is too high. Poorly planned RMDs can force higher taxes. If you are married, your income may determine your spousal benefits. Delayed benefits past age 70 are not increased. Visit your local SS office in order to get the proper information about you and your spouse benefit amounts.

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

 

Broker Bad Behavior

Broker asks YOU for a loan. Beware promissory notes—without accredited buyer—could be fraud. Advisors who use emails or text may be in violation of firm oversight rules. Transfers directly to broker or advisor accounts may be fraud—using personal account not the firm’s account. Sellers request that they become your beneficiary. Always check a seller’s past on BrokerCheck. Insurers use tricks to increase annuity sales.

https://www.amazon.com/Lies-Financial-Advisors-Told-alternatives/dp/1478281545

 

 

 

 

 

********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 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

 

 

 

 

Jan 2025 Dictator pardons himself: his Supremes agree

 

 

How Govt wastes our money:

Shutdown looks more likely, as Congress notifies Wash staffs

 

 

 

SCAMS/SPINS:

Google Maps led him off a 2013 collapsed bridge: driver died; suing Google

Drug overdose fatalities quadrupled among Americans aged 65 and older

SEC Fines Wellesley Asset Management for Marketing Rule Violations: trying to trick us

 

Invest in alternatives—real estate, investments in a pass-through entity may trigger IRS  

Trump defrauded institutions with lies about value of his assets: ultimate Big Con

Tucker Carlson finds a new booster: Russian TV quotes him

 

“No Exam” Life Ins costs more than pays: M 74yo: $263.50/mo 10 yr $31,620 for $25,000

Founders gave Supreme Courtiers ‘a lifetime’ tenure (average longevity: 35 years)

Philips Kept Complaints About Dangerous Breathing Machines Secret Profits Soared

 

States with most expensive auto insurance

John Hancock caught Charging Excessive 401(k) Fees

We must rely on SS benefits, savings and Medicare to cover huge health care costs  

 

Hyundai Kia 3.3 million vehicles to park outside risk of fire—brake fluid leak

Tesla on trial for its autopilot killing and injuring a family: who’s responsible?

Tony Barouti caught selling GWG bonds as it missed payments bankruptcy complaints

Regal Assets Tyler Gallagher stole $5.5 million gold Ponzi scheme retirees IRAs

 

Jobs

Engineering jobs https://jobs.interestingengineering.com/

Mastering ChatGPT Unlock the Full Potential of Conversational AI Today!

The Man From U.N.C.L.E. and NCIS ‘ducky’, died at age 90.

 

15 companies with the best compensation packages

Part-Time Jobs With Great Benefits: eg: Red Cross, Post Office, Costco, UPS, HomeDP

JPMorgan Chase hiring 4,600 people with arrest or conviction records

 

Who owns your account now?

Home Insurance Study JD Power: customer satisfaction: Erie, Amica, AutoOwners, AIG

Parallels Between Running and Personal Finance Advice

Thousands retiring: advisors pushing annuities instead of direct income choices

After Florida changes Black history, churches step up to teach it

 

Costco Offers Members $29 Online Health Care Visits

12 Electric and Hybrid Vehicles That Get a $7,500 Tax Credit

Online Men’s Consignment Stores:

 

 

Miracles:

She gave birth to 3 babies in 4 years. They all have the same birthday.

Intermittent Fasting and Weight Loss Affect Aging

Impossible to outrun a bad diet: exercising and poor diet don’t mix

 

Best Quality of Life Cities in America

Hydrogen sulfide could one day be used to help people live healthier for longer

Switzerland's glaciers suffered their second worst melt rate this year

 

 

 

@

 

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.

 

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.

 

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

 

Friday, November 27, 2020

Wall Street loves stock traders

 

How Congress people determine the winners and losers

Recently, Sen. David Perdue (R-GA) provided the perfect example of how politicians make winning in the stock market easy ... for themselves. Our representatives are well rewarded for helping the winners win. Another example is the guaranteed $1.95 billion “advance purchase” agreement with Pfizer. This ensures Pfizer’s senior management will be well compensated for delivering 100 million doses of vaccine. We will still have to pay for each dose separately. There are many examples of this activity as shown here: https://www.reuters.com/article/markets-saft-idUSL2N14V2OV20160113. But we can still double our savings in 10-12 years over and over with a stock market account by using a low-cost index fund. We win too: TIME value of money. And we can make our savings tax-FREE by using an IRS-approved account—less tax; more to spend.

https://www.amazon.com/Money-Ball-Investing-Winning-unfair/dp/1548831409

 

$1,000,000 retirement fund?

The secret to reaching this goal is TIME and compound interest—both you can use for FREE. This strategy is recommended by the famous investor Warren Buffett. It takes $250 a month for 35 years to reach this goal using his strategy. The Buffett strategy does not cost a lot—there are no broker fees, no upfront costs. There is an annual charge of 0.04%. For your $250 a month, you will be buying shares of a mutual fund that invests in 500 company stocks like these: Apple Microsoft Amazon.com Alphabet (Google) Facebook Berkshire Hathaway (GEICO, etc) Johnson & Johnson Procter & Gamble NVIDIA and Visa. Because you are not paying a broker’s commission each month, you will earn about 11% a year over time. Of course, in 35 years, your $1 million will not buy as much as today’s money will buy because of inflation. However, no one spends their whole retirement funds right away so if you keep compounding interest, you can buy $1 million worth of things eventually. Remember, you only invested $105,000 for your million dollars. The rest is your gain in capital. This strategy only works if you keep investing $250 or more a month and you use the mutual fund Buffett recommends.

https://www.amazon.com/Warren-Buffett-Your-Investment-Advisor/dp/1518690963

 

New IRA rules: use tax-advantaged accounts longer

New rule: We must begin paying tax on our tax-deferred accounts like IRA and pensions starting at 72 NOT 70½. We are told how much to take out in the form of the IRS table of required minimum distributions (RMD). When we are earning wages and pulling out RMDs, the tax consequences can result in higher tax rates and an increased percentage of our Social Security benefits being subjected to taxes. New rule: reduce taxes by making a deductible IRA contribution after age 70½. The SECURE Act in 2019 changed that. Now our traditional IRA contributions have NO age cutoff and allows additional contributions as long as we still work. Even a part-time or self-employment job like Lyft Uber will qualify. We can deduct up to $7,000 each depending on income. Avoid future tax hikes: create a tax-FREE retirement by converting IRA money to Roth IRA tax-FREE money. We may choose to convert any amount to the Roth from our traditional IRA. We pay taxes now instead of paying greater amounts later. Tax needed to pay for breaks for rich.

Make a plan: https://www.amazon.com/Your-Plan-Live-Age-100/dp/1548180793

 

Money is tight—cut coverage on some plans

Life insurance: buy term to cover your family for 20 years only. Once your kids are on their own there is no need to cover them. Usually you will have enough in assets for your survivor by then. Permanent life with a savings component and individual disability cover are a waste of money unless you’re protecting your personal business. Vehicle insurance: low deductible and comprehensive coverage on an older car that you own is a waste of money. Better to use an umbrella liability policy to cover lawsuits so you don’t lose your home and assets. Use a savings/investment account to replace mortgage life, accident and disability. Create an education fund to protect your children’s future. Child life insurance is a waste. Beware dental, travel, car rental, pet, ID theft and warranty insurance exclusions. A savings/investment account can cover all these low-probability risks. Instead use the premiums over time for a better retirement nest egg.

The best insurance is having money: https://www.amazon.com/Drop-Your-Insurance-Only-What/dp/1448623391

 

Why Wall Street loves stock traders

Academics who study stock pickers have long observed that the vast majority of professional money managers – about 85% – underperform their benchmarks over a multiyear period. Yes, once in a while for short periods, they hit the money—just like gamblers. But we know the house makes money from those who keep betting despite the odds because of their illusions. Wall Street makes money from trading and fees repeated year in and year out with little for us. Consider all the professional traders who use powerful computers to pick and trade thousands of shares in seconds. Individuals have little chance of finding the gold seam. Wall Street spins a money fantasy—do the opposite: stay invested, don’t trade, buy low-cost market indexes in diversified sectors, use tax-advantaged accounts, and manage dividend/gain taxes. A study of 1600 traders concludes: “We show that it is virtually impossible for individuals to day trade for a living.” DALBAR tracks returns over time: High-cost managed equity funds average 3.79% vs. low-cost S&P 500 index average 11.06% a year. Use low-cost index funds or ETFs from Vanguard, Schwab, or Fidelity and beat the Wall Street “professionals.”

https://www.amazon.com/You-Beat-Wall-Street-professionals/dp/1986031373

 

 

 

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

 

Like 1776, this period is a test of democracy—We reject the "American fascist"

 

Our ‘Truth and Reconciliation Commission’ 

 

Trump’s war: 270,000 KIA

Trump defies Supreme’s decision

Will Biden need military to evict Trump?

 

American-style fascism vs democracy

Do 74 million of us want democracy?

The Big Con continues: we never learn

 

How Govt wastes our money: Our Representatives gave 3.7 Trillion to the wealthy! 

Will Trump shutdown government in final revenge act on America? Revenge

Trump country ND leads the world in deaths: 1 in ever 1000 dead: real not hoax

43% of drivers/passengers killed in accidents not wearing seat belt. Masks same?

Supremes: religious can spread virus: no masks required bec/ “no restrictions on bike shops”

 

Trump let Mexican drug dealer “El Padrino” go free: freeing many of his ‘friends’

Another armed teen shoots 8 in WI mall: 2nd Amendment killing us: dead have no rights

GA is recounting votes after recounting votes by hand: how many times; how much cost

 

Trump donor Rod Aycox gets federal money targeted for small biz: friends in high places win

“Follow the money”: GA senator run off between rich and richer: American Socialism for Rich

NYC road/bus checks for virus: just like in the movies: 14 days lockup for out of towners

 

SCAMS/SPINS:

American owners shows how to kick people when they are down on their luck

The BIG Con continues: ‘worldwide’ conspiracy to change 6 million votes: Blue to Red

Biden cannot find any socialists Trump said would take over government

Can GOP hold off all Biden appointments/policy until TrumpWorld comes back?

 

40-50% of Americans say they won’t take vaccine that can save their lives. Leaders maskless

Will these machine gun terrorists leave the White House quietly before January 20?

Trump attacks birthright citizenship: U.S.-born children not citizens: we are not citizens?

 

Biden’s EPA pick: lobbyist who helped DuPont avoid regulations  

 

GOP gave up its democratic principles to a Trump dictatorship: can GOP go back?

Dictators don’t go quietly: usually force is needed: “I am the only one who matters”

 

How many criminals will the ‘law and order’ con man pardon? Giuliani still licensed?

So it is OK to lie to FBI if you have a friend in high places: Justice for some not others

 

Trump found a judge to stop PA certification: can one woman change millions of votes?

Could Trump reverse 4 state election results: MI, WI, AZ, GA? His alien advisor helps?

Trump told supporters NOT to use mail ballots: suppressing the vote backfired on him

Trump’s conspiracies have MAGA world talking Georgia boycott so Dems win!

 

Real voter fraud: Trump told us to vote in person AND by mail--no Black voter fraud

 

$75,000 truck massage: Don’t need a house—work 24/7 live in truck just to pay for it

GM Suv pickup recall 7 million airbags that explode w/o warning in heat/humidity

Tesla probes failure of the left or right front suspension fore links

 

USEquityAdvantage auto loan payment program contained misleading statements: fine

FDATR violated Telemarketing Sales Rule deceptive and abusive telemarketing: fine

 

Fake ‘Medicare’ caller gets info to steal ID: Call real number on card to give info

Judge: Trump’s Voice of America head tried to subvert unbiased reporting to world

Businesses with interruption insurance must sue their insurer even after paying for years

 

Fake vids tweets easy to make: never trust one source of information: info war continues

Fake charities look real: check IRS list BEFORE giving money: VA and disaster favorite

Trump’s Treasurer Mnuchin's moves money for pandemic to secret GOP fund: “illegal.”

 

OxyContin maker pleads guilty 3 criminal charges but bankrupt & owners get NO jail

Oxy killed at least 70,000 but Sacklers took $ billions out already and no one to jail

 

 

IRS: Easy Steps to Protect Your Computer and Phone and Avoid Phishing Emails.

 

Is it a scam?  Check AARP scamline 877.908.3360.

 

Check IRS: https://www.irs.gov/newsroom/dirty-dozen-part-1-taxpayers-should-be-on-the-lookout-for-these-scams

https://www.irs.gov/newsroom/dirty-dozen-part-2-thieves-work-all-year-to-scam-taxpayers

Check Social Security: https://blog.ssa.gov/

Safeguard data: ConsumerReports help: https://securityplanner.consumerreports.org/

 

Jobs

https://www.healthcare.gov/get-coverage/ for uninsured: subsidy pays most premium

 

 

Who owns your account now?

Need to reduce debt: file bankruptcy at low cost: get new start with your life

CBS’s Simon & Schuster to German Bertelsmann’s Penguin Random House: anti-trust

 

Miracles:

PA mask makers LIVE in factory for 28 days straight when supplies were needed most

State Farm sending wire sensors to homes to prevent fires: cigarettes smoldering big fire

Democracy costs $14 Billions and over 1 year of fighting: voters need only 1 month fight

 

“It’s reality” Laura Ingram FoxNews finally insults Trump: “Biden will be inaugurated”

KS requires masks but keeps schools businesses open with emergency troops.

 

 

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

MontclairNJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

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

 

Friday, November 13, 2020

Which is better for investments—Dem or GOP president?

 

Are 401k fees still right for you?

Our current system favors costly middle people who are superfluous today with computers. The average fees levied on 401(k) savings cost us 0.5% to 2% annually (small employers). Compare that to today’s index and ETF funds which cost 0.04% or less. The overcharges we pay do NOT guarantee superior long-term success. In fact, most studies show we lose up to 63% of our total accumulations. Given today’s average earnings of 6% with 4% for us and 2% for Wall Street, we are the Big-time losers. No matter our portfolio—conservative or aggressive—we cannot help but do better with a new system for tax-advantaged investing. Fees are no longer deductible so even in a taxable account; the new system gives you more. Such a system is easily available to any working person without costly trusts, foreign tax havens or tax-avoidance schemes used by the wealthy.

Even if you have only 10 years to retirement, this system can benefit you. The longer your NEW retirement system runs, the more tax-FREE money you have to spend.

Go tax-FREE: https://www.amazon.com/New-American-Retirement-System-ReserveTM/dp/1461030072/

 

 

 

Which is better for investments—Dem or GOP president?

Wall Street gurus are currently going through their eternal talk about which party president is better for investors. As you might expect, this is not the right question. There are so many factors in the success of any particular investor that we should not even read these advice statements. Unless we know when exactly we will need our money or when the markets will fail, these pronouncements are just B-D propaganda. Most of us have learned that the stock market advances about 11% per year nominally over time. We know that in any given period, there are times when the market or our portfolio will rise and fall. This is why Warren Buffett, surely a wise investor, bet a million dollars on the S&P 500 stock index run by low-cost Vanguard to beat 5 guru hedge funds. Buffett gave the $1 million to his charity. The gurus are still in business so some of us still want to pay excessive fees to feel they own a superior strategy or portfolio. Unless we have insider information like our representatives in Washington, we are rewarded for just following the wise investor’s proven way. Lose 18.6% or gain 11.09%, your choice.

https://www.amazon.com/Building-Wealth-Like-Brushing-Teeth/dp/1470141469

 

What fuels the market climb?

Fixed income market provides low yields so investors poor into junk bonds. Our government is buying the bonds of private enterprises so the wealthy receive special treatment from the national deficit spending. The working person has no wage improvement power. The wealth gap gets wider so the rich can afford to stay in the bull market. They don’t have to worry about their company or investments going broke like the local mom and pop business so they can afford to keep putting money in the stock market to increase their wealth. Pension funds must stay in the market since many are under funded for their future liabilities. Wall Street no longer has to worry about a political meltdown so future growth looks promising. GOP Senate control will assure wealthy investors of no significant tax increases on non-wage income or wealth. Most wealthy people are not taxed on income and a wealth tax is very unlikely. Even Romney knows his offshore wealth is not in danger. Despite his protest, Warren Buffett, with $86 billions does not expect his tax rate to go up. Which is better: earning 1% or 12%?

https://www.amazon.com/You-Beat-Wall-Street-professionals/dp/1986031373

 

Wealthy finding ways to avoid new taxes

With clearer future, the wealthy are scrambling to get their money hidden from the new tax proposals sitting in Dem inbox. Because the tax rates are probably going to be higher in the future, they can move their IRA balances into Roth tax free accounts now. They know the budget deficit has reached $3.3 trillion, a level not seen since the end of World War II. Since they already got the benefits of overspending, they will want McConnell to kill any stimulus for working people. The wealthy can use QCDs. They are the most tax-efficient way to reduce taxable IRA balances which have remained high with the government support in 2020. Gifts can reduce tax now and lower estate taxes later. Use Trump’s example of a $21 million deduction by giving away the right to build on your forest that never would have been developed anyway. Wealthy tax avoidance loopholes may be closing with the new regime in 2021. They need to act soon to keep the wealth gap growing. We working people can avoid paying the taxes avoided by the wealthy.

Use it or lose it: https://www.amazon.com/Trump-Tax-Shelter-Avoid-taxes/dp/1985448300

 

Biden’s new regulation: brokers must disclose conflicts of interest

Biden will need to return to the regulations that Obama instituted just before he lost to Trump. Obama’s Fiduciary Rule required that product sellers help us buy the best product available, ignoring seller commissions and fees. On April 6, 2016 the government limited the billions of dollars the financial industry could take from our retirement-savings products and advice. The final Fiduciary Rule was weakened by product sellers so they could take some of our transfer money out of 401(k)s. Trump reversed Obama’s rule and helped product pushers hide fees. Brokerage firms have hidden their bad acts. In the future, advisors will act like accountants not like used car salesmen. Some sellers have already lowered fees due to competition. We will still have to learn and shop in order to get the BEST for our particular situation but at least the industry will need to be more transparent in its offerings. Now we can get the BEST available for us because sellers will need to disclose conflicts of interest more fully. Under Trump, sellers are NOT telling us the whole truth about their bad acts and hidden fees. Now they will have to.

https://www.amazon.com/Fiduciary-Rule-BEST-dont-anymore/dp/1530980275

 

Is a Robo right for you?

The use of automated advice platform, or so-called robo advisors, is continuing to rise, with about 8% of U.S. households having money invested with a robo. Robo advisors are popular with millennials that have significant investable assets; nearly half of millennials with more than $500,000 to invest use a robo, according to the survey. But for mass affluent millennial households with between $50,000 and $500,000 in investable assets, only 20% reported they used a robo, along with 15% of Generation X families and 5% of baby boomer families in the same sphere. Not to lose market share, Fidelity, Schwab and Bank of America, offer new applications or features. By offering such options, the big firms were succeeding at creating a “natural funnel from a free service to their trading or managed account platforms.” But robos are not free, just lower costs than full service brokers. And so robos don’t provide higher returns necessarily. Robos offer some hand holding compared to flying solo. Vanguard is owned by us shareholders so fees/charges are at cost—profits go back to us investors, like a co-op.

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

 

Deduct $300 from income in 2020

Here’s how the CARES Act changes deducting charitable contributions made in 2020:

Previously, charitable contributions could only be deducted if taxpayers itemized their deductions. However, taxpayers who don’t itemize deductions may take a charitable deduction of up to $300 for cash contributions made in 2020 to qualifying organizations. For the purposes of this deduction, qualifying organizations are those that are religious, charitable, educational, scientific or literary in purpose. The law changed in this area due to the Coronavirus Aid, Relief, and Economic Security Act. The CARES Act also suspends limits on charitable contributions and temporarily increases limits on contributions of food inventory. More information about these changes is available on IRS.gov.

Use all your credits: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382

 

 

 

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

 

Like 1776, this period is a test of democracy—NO we don’t want a Dictator?

 

GOP 6-3 Supremes primed to reverse US back in time

Yes, courts used to put women in jail for wearing slacks

Supreme Alito: rights only for likes

 

Dictator: It’s going away.” (No you are)

Dictator’s staff: “It’s out of control:” 244,000+ dead

why everyone wears seat belts now

 

Dictator’s Sunday 11/8 at his Church

 

Dictator’s armed terrorists standing by

Biden has to run the country from Delaware

 

 

How Govt wastes our money: Our Representatives gave 3.7 Trillion to the wealthy! 

Trump, defeated, holds election rallies from AirForce1: costs us $77,000/hour: He lost!

Trump Plaza Casino Atlantic City blown up for Biden inaugural: Trump tax deduction?

Trump put his anti-racial justice, anti-climate change ideology into our retirement funds.

 

Trump’s ‘voter fraud’ proof: Philly, NY, PO DeJoy, NJ, LI, PA, PA, NC, which fraud?

World dictators still back ours: USSR, Brazil, Mexico, Turkey, Hungary, Philippines, Saudis

Trump tells Justice to find the ‘voter-fraud’ smoking gun: DoJ Investigator quits

Trump lawyers: “will we get paid for challenge work”?: Trump notorious for not paying

 

Mel hired movers already: Baron to military school? FL removes heliport from Marlago

Congress needs “eviction” marshal for tenant in our White House: Germany shows how

How much?: Trump may give up top secrets: he did it before: beat Impeachment once too

 

SCAMS/SPINS:

Trump’s mail slowdown delivers 40,000 more ballots after judge orders PO come clean

Trump orders legal military ballots to be thrown out: absentee overseas votes legal

Qanon terrorists caught w/ fake ballots, AR 15 storming Philly counting center

 

Only 1 Republican offered hand to new president: Biden has 200 exec orders ready

GOP still afraid of Trump’s tweets will not speak to Biden: no reconciliation in US

Trumpers angry with FoxNews for NOT airing fake “voter fraud” news & calling AZ

TX will pay $1 million: find 1 voter fraud case:  a bribe for gov official is legal in TX?

 

Doe GOP exist with “Trump is the GOP” lost presidency? “Let’s give him a chance

 

Ex Prez fires Pentagon chief: apology for Bible walk: military used against citizens bad

 

Can Trump’s Supremes reverse the will of the voters? GOP courts make up ‘justice’

 

PA voting outcome shows how much the color line still decides America’s path

Most of the military leaders sighed in relief: the “stable genius” almost gone

GOP still rules state legislatures; religious right; Trump cult: Dem work just starting

 

AR police to Trumpers: “death to all Marxist Democrats” “leave no survivors

 

Trump refuses to start transition process: McConnell: “peaceful transfer of power”??

 

How a cult dies: Jim Jones took his ‘world’ with him: couldn’t face ‘the music’ real life

Trump refuses to reduce environmental pollution killing corona virus patients

 

 

Cheryl Broussard FL caught defrauding sorority investors; fake statements: 2 years jail

Robert Morgan caught running Ponzi in real estate; promised high returns, fake docs,

Local papers/websites turned into PR production for politicos/corporations. ‘news’?.

Gummies Promise to Decrease Stress: Martha Stewart leads the pitch for bad teeth

 

Census takers told to enter false info: Trump closed census early: change future Congress

Beam Financial caught blocking bank withdrawals: yes some banks fail

Kraig Gier Security Planning caught stealing $1 million from elderly fake docs: 5 yrs jail

 

HD Graham, DL Howard LL Matyas caught taking $920,000 fees no license: defrocked no jail

Ransomware thugs failing to delete stolen data after a victim pays a ransom: Thieves 2X

How easily we fall for misleading videos: ballot stuffing in USSR, burning sample ballots

 

Trump’s Financial ‘Protection’ lets debt collectors hound us: call, email, text, 24/7

FL court allows Prevagen promising improved memory to keep claiming and sales

Robo “collector” from 608-371-6666:  https://800notes.com/Phone.aspx/1-608-371-6666

 

 

Vatican silent child/adult sex abuser slept w/ boys: not sorry, no jail, no confession

Religionist with popular power support Trump: move state governments to extreme right

 

Is it a scam?  Check AARP scamline 877.908.3360.

 

Check IRS: https://www.irs.gov/newsroom/dirty-dozen-part-1-taxpayers-should-be-on-the-lookout-for-these-scams

https://www.irs.gov/newsroom/dirty-dozen-part-2-thieves-work-all-year-to-scam-taxpayers

Check Social Security: https://blog.ssa.gov/

Safeguard data: ConsumerReports help: https://securityplanner.consumerreports.org/

 

Jobs

Trump hires hundreds to overturn election: then defend him from many indictments

Biden hires scientists pandemic team: Trump plays golf & does more campaigning

Health care lost with job: Supremes may increase health emergency for 30 million

 

This is where our raises have gone: “matching pair” Porsche and Embraer Phenom 300E

Fidelity Investments To Hire 4,000 People In Next Six Months

Florida passes $15 minimum wage—but only by 2026 in fight for fair wages. 

 

 

Who owns your account now?

J.C. Penney's defined benefit plan to Pension Benefit Guaranty Corp: fewer benefits

Safe hotel list: travel is hard enough so check before check-in

 

Miracles:

Despite all the bad news we hear now, we have a democracy; we can vote and change!

Vaccine maker: 90% effective: Trump military/vendors to ship around: side effects?

Un-scalable wall around our White House still blocks citizens: ‘say goodbye’ fence

 

Two members of Biden virus panel worked inside the Trump administration: experts

 

GOP 6-3 Supremes primed to reverse US back to 1950s: abortions illegal, dirty air, no wildlife reserves, no voting rights, 0 immigrants, no health care, red-lining housing, no interracial couples, Trump self-pardon, cancel IRS audit, no gays, discriminate by religion, decide our elections, dismiss suit Trump as rapist, etc

 

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/

 

Dem wish list: healthcare, infrastructure jobs, restore environment, unite 545 kids

 

IAN

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