Use Buffett's SIMPLE strategy

 

$1,000,000 retirement fund from contributions of $250 a month

Keeping your contributions in a low-cost tax-FREE account is the easiest way to make sure you have enough for retirement income for life. The contributions of $250 a month must be steady (automatic investing). You must avoid any advisor charges, stock picking or trading. Your best investment option for your long-term goal is a low-cost stock-market index since you own shares in the largest 500 US companies. Most are profitable for extended time periods. They have already proved their successful products/services.  You are using the Warren Buffett strategy of compounding your earnings over time. His advice may seem simplistic but he has proven it works for investors who recognize that there is no advisor or strategy that is better at achieving long-term goals. Wall Street firms and advisors/brokers must take your earnings in order to survive. You pay less so you earn more: it is that simple. Wall Street costs a lot to run and most personnel don’t take a cut when they fail. This chart says it all: Over time, owning the 500 largest equities at cost provides on average 11% per annum. Over time, your $102,000 total contributions compound TEN times to over $1 million. It is time IN the market not market timing that defines a successful strategy. Use a long-term strategy for a long-term goal.

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

 

 

Where is your portfolio as market gains 3% in 2023?

Is your advisor waiting to re-enter the market? Sometimes market jumps are huge and if you are not in it, you lose. It may take time to recover the 20% drop but you won’t be able to if you are sitting in cash. Buffett has said that we should not bet against the US economy. In the past, stock market lows are followed by market highs. A low-cost balanced portfolio will help you stay in the money over time. Fast trading, market sector rotation and momentum are usually poor long-term strategies. No one knows the future so gambling will mean more losses than gains. You don’t need the expense of advisors since you pay even when they lose your money. Take Buffett’s advice.

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

 

How much do you give up by investing through an advisor?

One analyst has estimated that over time, you give up 63% of your eventual total return by using “professionals” who claim they can improve your money management. However, they must sell expensive products and charge fees to stay employed by their firms. Financial firms are in the business of transferring your money to theirs. You pay every quarter or every transaction no matter how well or poorly your account does. But most folks don’t even know they pay costs. Because of 2022 negative returns more of us are changing advisors. But advisors could not predict the bond fallout or the equity downburst. We are more likely to need a psychologist to handle our expectations. We panic because we think of our security accounts as bank accounts. If we consider investing in companies as a partner in good businesses, we would not panic during a global pandemic. For long-term investors, there is no better asset class than equity indexes. This chart says it all: Over time, owning the 500 largest equities at cost provides 11% per annum. Buffett proved it: Vanguard 500 Index beat 6 hedge funds.

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

 

The most important financial lesson to live by

“My wealth has come from a combination of living in America, some lucky genes, and compound interest.” Warren Buffett, one of the greatest investors of all time, credits compounding as a source of his financial success. Most of us have never heard of this in high school or college. Financial firms that charge us for promising to “manage” our money, have convinced us the Buffett’s strategy of “buy and hold” securities, allowing compounding to work, does not work. They claim they can help us meet our money goals. Perhaps in the short term they can sometimes. However, the price we pay in lost time in the market compounding our returns can never be made up. Dalbar tracks the total return of different assets “managed” by advisors vs just holding the indexes provides us with the evidence that Buffett is right. For instance, investing $250 a month over 10 years or longer time periods in a low-cost large stock index compounds to $54,700 vs only $36,500 if managed by a “professional” money manager. Since most investor don’t understand the cost benefits of compounding a “buy and hold” index fund account, they end up with only $167,700 vs $707,000 after 30 years of investing a total of $90,000. That is the power of compounding in the low-cost market index rate fund.

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

 

How to have $ million dollars tax-FREE for retirement income

The simplest way to end up with an adequate retirement income is to follow Warren Buffett’s strategy. You don’t have to pay Mr Buffett for his advice—he is not a broker or advisor. He does not write hypotheses for a Wall Street firm. He does not change his advice on which stocks to buy from month to month. He proved his strategy by betting and winning against 5 hedge fund gurus. He says buy low-cost Vanguard funds for your retirement. Since most of us can only invest once a month, if we contribute $250 a month to a special tax-FREE account, we can end up with $1,000,000 in 34 years. Since this account allows us to take the money out without income taxes, we will have more to spend in order to overcome the drag of inflation and advisor/broker costs. He recommends funding a retirement account directly by avoiding Wall Street entirely. You can earn more by paying less and allowing the Miracle of Compounding to work a miracle on your money. A low-cost account allows us to invest just $102,000 total over 34 years and end up with TEN times your investment. No advisor/broker can accomplish that Miracle. Confirm how this happens without an advisor/broker picking stocks, buying and selling, charging when they lose money. Check it: set the 34 years from 1989 to 2022 in this annual market rate calculator using the 11% average annual return.

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

 

What to do when your long-term care policy premiums triple

Insurance companies used a number of bad assumptions or tricks when they sold you the policy over 10 years ago. Recently, almost everyone’s premium has skyrocketed. The state regulators (funded by the insurers) have rubber stamped almost all rate hikes. If you are stuck, the insurer will cover their mistakes by reminding you that you signed a disclosure that protects them from any responsibility. Ask the company what your options are. 1. Pay the increase like every insurance policy. 2. Reduce the years of cover since the average stay is under 8 months. 3. Reduce the daily benefit instead of any inflation-protection benefits. 4. Reduce the years of cover for the male since most females will live longer. 5. Reduce the benefits with a paid-up policy. 6. Take a cash buyout if offered. Add this cash to a low-cost well-run balanced mutual fund like Vanguard’s Wellesley Income Fund. Since most policies are used to pay in-home care giving services, you may have enough funds from other sources to pay for help at home. Medicare covers rehab costs after a hospital admittance. Remember very few people need expensive long-term care in a facility. Add the amount of premiums to your retirement account since most of us won’t use a policy but we will need help sometimes.

https://www.amazon.com/Long-term-Care-Insurance-Updated-2013/dp/148274001X

 

Retiree plan changes

Medicare can negotiate drug prices. In 2025, no enrollee will be required to pay more than $2,000 out of pocket per year.  RMD age requirement moves from age 72 to age 73, starting on January 1, 2023 then to 75 in 2033. More time to compound earnings. You may start taking RMDs earlier and for a higher amount. The bill also allows higher “catch-up” contributions. Benefits of Medicare and Social Security are left in jeopardy since the wealthy Congress and their constituencies do not wish to shore up retirement needs for the future. House GOP has made it clear it will cut programs for the poor and middle class in favor of tax cuts for the rich, business subsidies and war spending. The current economic downturn will be overcome by more layoffs and higher prices, not by taxing the wealthy, GOP says. Most unbiased analysts favor using other resources before starting RMD withdrawals. Since Congress has not tried to fix the under funding of Social Security or Medicare, we must invest for the coming SS shortfall in 2034. Find your previous employer’s retirement plan assets at https://unclaimedretirementbenefits.com/

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

 

 

 

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

 

 

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

 

 

The Path to Dictatorship: 2010-2030

 

Parallels of this era in the past may hint at our future: democracy breaks apart legally

 

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

Billionaires paid $881 million for votes in 2022 midterm elections

 

Nov 2020 Wealthy discredit election process

 

Nov 21 2020 Trump’s Plans for a Coup: criminal

 

Nov 21 2020: Trump plan: US Marshals seize voting machines

 

Jan 6 2021 Direct assault failed: guns & bombs ready

 

Trump engaged in a "criminal conspiracy" to stop Biden

 

“I don’t f—ing care that they have weapons”

 

Trump was “detached from reality”

 

Trump used mafia-style intimidation on the defenseless

 

Trump still terrorizing election woman

 

Parscale: “a sitting president asking for civil war.”

 

Trump: “Just say the election was corrupt and leave the rest to me” 

 

GOP fascism: “RINO hunt armed; no bagging limit” J6 comm threat

 

January 6, 2021 “A date which will live in infamy”

 

Trump’s Supremes END personal rights & state laws except for weapons WMDs

 

Fascism: GOP to stop women leaving state for abortion

 

It’s not a court. It’s a junta: Two Americas

 

Trump: President Biden is 'enemy of the state'

 

Christian Nationalist Party (CNP) replaces GOP

 

Nov 8 2022 Trump’s “national revolution” failed

 

Nov 15 2022 Trump announces for 2024 to avoid lawsuits

 

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

 

Jan 2025 Dictator pardons himself: his Supremes agree

 

 

How Govt wastes our money:

The Cost of Extreme Wealth: 200 millionaires want taxes; not bleed SS Medicare folks

Coal-oil-farm-Boeing-corporate offshoring subsidies raise deficit: middle class pays more

Many corporations fix their tax rates to 0%: 2 sets of books. friends in Congress get paid

 

Former senior FBI official accused of working for Russian: who can we trust?

GOP puts Greene plus omicron deniers (Dem’s hoax) on Pandemic Committee: US doom

GOP leader reinstated to hate, misinformation networks: dictator has his megaphone back

 

SCAMS/SPINS:

WW III begun: Blitzkrieg on Putin is what Germany feared: only US knows Abrams

 

Eleven of 17 House committee chairmen voted for end democracy: "big lie" supporters

2022 tax changes: Congress removes benefits from Covid era

Don’t File Your Taxes Until You Have These 7 Things

 

GOP leader tells his followers NOT to cut SS and Medicare:  Trump warns

 

AZ GOP legislators curb transparency of their own gov business dealings: hide mistakes

What ‘freedom’ means for GOP extremists: I do what I want: F..k everyone else

Self-appointed militia (not National Guard) guilty of trying to overthrow our government

Despite the mass killings recently, Americans, their kids chose guns to solve their problems

 

More than 1 in 10 older folks live in poverty: 10.3% in 2021 and rising

 

Luxury hotels post fake online reviews  to compete: who can you trust?

Tmobile 37 million customers’ addresses, phone numbers dates of birth hacked: “no problem”

6 year old shooter “acute disability” able to avoid school search: all shooter “disabled”?

 

Tells of a used car from a flood: carpet, moist spare, door sill, etc

Ford recalls 462,000 vehicles camera failure

 

Hackers: Online and mobile advertising is complex, murky business: our data is theirs

Environmental Charity Scams: emotional appeals best for taking our money

 

Lobbyists given $millions change TX law allowing casino gambling: Abbott, Patrick pd.

Celebrities probably know nothing about the products they endorse: not evil just greedy

Santos wooed investors for alleged Ponzi scheme: Harbor City FL brokerage

 

Binance moved $346 mln for seized crypto exchange Bitzlato

21% of respondents did not think that they paid any fees on their investments

 

Doesn’t matter what the motive is for mass murder: semi auto guns not for hunts but kills

 

Jobs

New Hiring Trends Job Seekers Should Be Aware Of

 

 

Who owns your account now?

Credit card bonus offers plus no interest for a year or two.

SS survivor’s benefits: only a third of those who lost a spouse applied for benefits

Best free backup software: check specs

 

“Impossible” to hack blockchain crypto systems are hacked: you lose money

Securian Financial's Wealth Unit to Cetera: 1,000 staff; 30 independent firms

According to the IRS, almost 90% of taxpayers use the standard deduction.

 

Miracles:

Ancient Roman concrete give the material self-healing capabilities: fix bridges/roads

Active military tried to overthrow gov despite swear to defend Constitution

BEWARE: ChatGPT says it takes 9 women 1 month to make a baby

 

An ant’s sense of smell is so strong, it can sniff out cancer

6 ways to slow memory decline and lower dementia risk

Local NJ residents organize to stop book ban by conservatives: FL makes it felony

 

Brazil using Ap to help end hunger’s large number of families

 

 

@

 

Our Universe is Mind-Blowing

Light is both a particle and a wave depending on how we look at the light.

I don’t think that there is any such thing as a position or a velocity of a particle.

Everything (galaxies to stones) in universe made of subatomic energy ‘vibrations’

A subatomic ‘particle’ is the smallest possible vibration (quantum) of a quantum field.

 

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

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

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

“It may be that gravity and quantum mechanics are exactly the same thing,” Leonard Susskind

Gravity might induce the collapse of quantum vibrations into 1 quantum state—our world

 

There is no TIME at this level because of force fields come and go in all directions. 

Universe expanding: events may not come together like they did before.

Inside protons, neutrons, it is the fields of the virtual particles that creates its mass.

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

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

 

“Empty space is a boiling, bubbling brew of virtual particles that pop in and out of existence in a time scale so short that you can’t even measure them.” Space expanding.

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

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

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

 

 

 

@

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/

 

We are paying more taxes than US corporations

 

Why do actual investors earn less than their benchmarks?

A recent study found that, while certain mutual funds and ETFs delivered a 9.4% average annual total return for the past decade, the average investor in these funds got only 7.7% due to poorly timed trading activity. This really hurts those who are investing for a big goal like house down payment or retirement or business start up. Over time, a $250 a month investment would reach $1.3 million WITHOUT the trading activity. Timing the markets would result in total accumulation of only $805,605—a loss of $494,395. In another study, Fidelity found that its accounts that did the best were those for which the owners forgot about them. Investing is simple to be successful but not easy. Gambling is hard to be successful but easy to do. Successful investors have 3 ‘pots’ of money: Patience for the long-term goals and impatience for the short-term get-rich-quick schemes. The third pot pays for living expenses.

Go simple: https://www.amazon.com/Keep-Simple-Essential-Financial-Life/dp/1492258849

 

What is the single most important reason for financial failure?

You are right; it is debt. If we had no debt, especially interest debt that can NOT be deducted, we could easily reach our long-term goals. We have credit card debt, mortgage debt and car debt. We borrow an average $34,635 for new vehicles and $21,438 for used vehicles. The average loan term is 70 months for new cars, 65 months for used cars and 37 months for leased vehicles. The average monthly payments for new, used and leased vehicles is $563, $397, $450. And this is an era of low interest rates. Interest is NOT deductible unless your company leases your car. So how is financial failure defined? How much do we lose with our vehicle loans? Investing $563 for 70 months could yield $59,541. Investing instead of buying on time provides enough money to buy a vehicle outright. This is why the wealthy pay cash for their rides. Their cash is special: their cash is compounded cash. They earn the money we pay on debt. We pay 9.46% they earn 9%.

Earn interest; don’t pay interest: https://www.amazon.com/Compounded-Cash-Save-your-Self-Funded/dp/1515066096

 

Most Americans are paying more taxes than US corporations pay

In fact many large profitable companies have Negative tax rates—taking our money as a refund. Most tech companies, including Oracle, Adobe and Microsoft are still paying much less by using an accounting trick to report profits outside the US. Many large profitable firms like Wells Fargo, Salesforce, AbbVie, Duke Energy, Adobe, Broadcom, IBM, Medtronic, and GE have a negative rate—We actually give them our tax payments. The rest pay lower rates than we do: NVIDIA, NextEra Energy, Bank of America, Pfizer, and Texas Instruments pay the lowest rates. The average overall company tax rate is only 19.7%. Our average is 32.9% including Fed, state, SS, Medicare, sales and gas taxes. This does not include property tax which some of us pay. We don’t receive a state subsidy like the $3 billion state subsidy that Foxconn got in 2018. Some call government-supported corporate tax refunds and grants US socialism.

Avoid paying their taxes: https://www.amazon.com/New-American-Retirement-System-ReserveTaxFree/dp/1461030072

 

Insurers may be overcharging you for coverage

Insurers use our credit scores and history to set premiums for car, home and rent insurance. Other service providers (rental agent, mortgage and auto loan) may use credit scores to set their charges. The CARES Act placed a temporary hold on reporting negative credit information to bureaus that collect credit history. When the hold is lifted, you may get whacked with increases in everything if the pandemic has disrupted your life. Some insurers recognize that the pandemic has had a disproportionate impact on the credit scores of some racial and income groups. Some are making it their business model to switch to a usage-based approach. Insurer Root’s usage-based approach can define a new industry approach that ties driving risk directly to driving habits rather than proxies. Thus drivers who speed, text and cause accidents may have a lower premium than safe drivers who have filed bankruptcy due to a medical catastrophe. Thus some insurers may offer you a better deal but unless you shop every 2 years you won’t know. And don’t forget to check for excessive car repair problems before you buy again.

Shop and save: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

 

What is your plan for your next financial stress?

Most of us have no plan to deal with a financial emergency. A plan BEFORE a crisis while in retirement would provide us with peace of mind—one of the most important goals we have. I hear about folks that are overwhelmed by a medical expense event, a family member money request, and a huge loss in retirement savings. In a recent survey, the most common answers given by folks age 40-73 were ask family and friends, children, church/state agencies, work and downsize to live on SS benefits. These are desperation measures, not a plan. My experience with folks who made a plan shows that building an emergency fund of HALF a year’s expenses works best. These folks kept that emergency money in a balanced fund like Vanguard’s Wellesley Income not a bank: they earn 7% not 1%. First, you feel better. Second, the money gives you time to figure out what to do. Third, the crisis may be over in a year. Make a plan using the tools that are available online for FREE.

https://www.amazon.com/What-your-RMD-much-spend/dp/1718946716

 

How to protect your retirement funds and keep them growing

The best protection is not putting your money in bank products, money market funds, an annuity, or bonds. These are the vehicles I see folks using because their advisors told them to “protect” savings in “safe” accounts. However, as inflation rises, they will lose buying power—probably for a long time to come. Unless you know you will die in a couple of years, fixed return investments will starve you to death. All of the traditional “safe” places are providing Wall Street with great revenue. However, these places don’t help you. Over the next 30 years, you could be giving away HALF your potential nest egg. The best way to protect your funds is to grow them—the best defense is a great offense.  Growth and security come from a combination of stocks, bonds and real estate holdings. Over time, your nest egg will continue to grow with stocks while bonds and real estate provide stability. A low cost balanced fund provides steady total returns of over 7%. For instance, Vanguard’s Wellesley Income Fund has provided 40 years of solid returns over 7% on average. Retirement income is thus a combination of interest and dividends. As part of the Vanguard Top Ten funds, investors shift more of their assets to this fund as they progress in retirement.

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

 

 

 

 

 

 

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

 

 

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

 

 

Our Jan 6 ‘Truth and Reconciliation Commission’

 

9/11 Bush warns of “domestic terrorism”

 

Will “domestic terrorists” install Trump Sat?

 

Generals planned to stop Trump from starting WWIII

 

How Govt wastes our money:

GOP requires gov ID to vote and drive but requires no Covid vax card to touch kids

 

Your freedom; their deaths: Anti-vax anti-mask Christians killing babies with Covid plague

 

Saudis caught helping terrorists kill us: why we still giving them weapons/intelligence?

 

Lindsey wants to re-invade Afghanistan but he won’t be leading the charge: sending kids

 

Biden lawyers against chokehold/knee on neck UNLESS cop “feels threatened” they do!

 

Plan to lower drug prices was defeated in Dem committee: Lobbyists paid 3 Dems

 

SCAMS/SPINS:

GOP will reach 675,000, the 1918 flu pandemic death rate: Govs fight Prez mandate

Fox: If mandatory polio vaccine is OK, why not COVID-19? Drive, hunt, visit England

All of a sudden police/public service workers get religion: religion exemption kills folks

 

Trump on Pence, his chosen VP: insults 5-year old kids: This is your new GOP ?

Supremes not "a bunch of partisan hacks": just liars: each pledged Roe was “settled law”

Abortion pills for TX market booming: Mexico lightens up just in time: employers help?

 

FL court: Gov can continue to let Covid kill kids—no masks in schools is law

FL airport dogs ID the Covid killers: sniff employees’ masks despite Gov ban

FL refuses to total Covid deaths: must be extreme not to tell. GOP going for record!

WV highest rate of new Covid cases per day: low vax rate; closing schools

Fake vax cards are readily available: masks may still be prudent indoors

Fake mask tests in TX go viral: confirm sources before you believe internet

TX women beat up NYC restaurant hostess over valid vax cards:

 

San Diego healthcare workers seek religious vaccine exemptions: Bible saves you?

 

243,000 Covid cases in kids 1 week 500,000 in 2weeks: Do it for the kids: GET VAX

 

CA Vax mandates keep Trumpist out of power: Covid case reduction continues

 

FL 13 & 14 year olds with gun planned mass shooting at middle school: peers heard talk

mass-shootings-increased-in-pandemic/index.html

 

 

FBI caught allowing sex abuse by USA Gymnastics to continue w/o proper probe:

 

Larry Nassar in jail: why aren’t his bosses at USAG and USOPC? Cardinals never jailed

 

Felix Gorovodsky caught forged gift letter stole $253,000 promised to advise w/o license

Stephen C Peters caught selling bogus 9% notes stole $15 million: 40 yrs; lost appeal

Trumpists Lindell, Gen Flynn caught at 10,000 KY rally with only 300 showing up

American Airlines caught changing refund rules: you may be stranded

3 military caught helping foreign gov hack US companies for profit: fine, no firing squad

 

Drank the Kool-Aid: Most Republicans: It’s Important to Believe Trump Won Election

FL Gov guest claims Covid changes DNA but Gov did NOT disclaim lie: more FL deaths

 

Jobs

Hospital staff loses benefits when refuse vax: Covid staff kill babies “unable to staff”

Tech job pay by state: $123,000 in WA to $70K in SD

Renewed tax credit can help employers hire workers

 

Most promising jobs in ’21: Amazon wage increase; college

More Ford electric truck jobs in MI: chip shortage weighs cars/trucks down

 

Who owns your account now?

Reports suggest that seniors in poorer health may be better served by Original Medicare.

Average credit scores by age: Many errors in credit reports: fix for free

Most reliable appliances: CR reviews show most expensive not the most reliable.

 

Miracles:

Lutheran church installs 1st transgender bishop: SF Grace Cathedral where else?

A widow, doctor, mother of three running for president of Somalia: yes, Somalia

Bangladesh has reopened schools: 97% teachers and staff vaccinated

 

Miami football fans save cat falling from upper level with flag not masks

CA wildfires closing in on world’s largest oldest trees: Sequoia National Park

NYC vaccinated 6 million for smallpox in 1 MONTH to save lives: no mandate

3 million more obtain health care during special Covid enrollment

 

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/

 

 

Trump costs us $2.7 billion in fees on nest eggs

Trump is costing us $2.7 billion in extra fees on nest egg

Everyone on Wall Street—from clerk to CEO—knows that this rule (to give us the best advice for retirement savings) is the right policy for American savers. OMB says it will save us $2.7 billion over a decade. Our future financial stability rests on using the best vehicle for our situation. In their greed, some Reps claim that they won’t serve people with fewer assets. Their competitors will serve us so The Don should get on board and let the market competition serve us. We always thought our Reps were giving us the best of their ability. If they were; then why object to the Rule? If not; shame, and shape up now. The Rule says ‘financial advisers cannot lure us toward choices that give disproportionate kickbacks to the advisers.’ It levels the playing field somewhat. Reps can’t offer the BEST because the best has no commissions and very low fees. The Rep’s firm won’t sell them.  Trump’s delay won’t change the FACTS: why pay 1.2% for a mutual fund when we can buy the same accumulation for 0.2% a year. If that fund is in an annuity or ‘managed’ account, over time, we lose up to 63% of our possible nest egg. That means we won’t have enough and will need more public assistance which increases the debt. C’mon Don! Give those with the least a break like you promised.

Get the BEST and have enough: https://www.amazon.com/Fiduciary-Rule-BEST-dont-pay-anymore/dp/1530980275

FREE tax preparation—Yes, part of Social Security can be taxed

Advertising to you is how they pay for free credit score and “free” tax prep

https://www.creditkarma.com/ needs your views to obtain dollars from sellers of financial services and they give you software to file federal and state taxes at no cost. If you need to file a simple return, this is the cheapest way. Usually simple means you have W-2 income and few deductions. The IRS has a topic look up so you can find the answer to your question easier than waiting on the telephone for an operator to answer:  https://taxmap.ntis.gov/taxmap/. Also, you can do your federal online FREE using commercial sites through the IRS https://www.irs.gov/uac/free-file-do-your-federal-taxes-for-free. These sites charge for a state return. You can also use a local AARP tax aide office: http://www.aarp.org/money/taxes/aarp_taxaide/ AARP does not discriminate by age or income so they can usually take care of most people. Best tip: deduction for IRA contributions and tax credit up to $2,000 subtracted from tax you owe. Double Your Pleasure. And don’t worry about audits—Congress got rid of auditors.

Take your Tax Credits like The Don: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382

Can we get Obama to come back until we can have another election?

With the sitting presidency under criminal investigation by the FBI and Congress, we need to consider an interim measure. Only the guilty ask for immunity so Flynn knows he is in trouble. As a secret paid foreign spy, he had access to all our secrets while Trump’s top Intel guy. Trump claims he did not know he was a paid spy so either he was duped or Trump is incompetent in hiring him. Clearly there is fire here and we should not take any more steps down the Putin path until we know for sure. Trump hired his campaign manager, Manafort, who has been in the Putin orbit for a long time. Putin’s operations were detailed in Clint Watts testimony. Why hire a Russian operative when there were hundreds of competent GOP managers? Some of the possible-felon-Trump’s actions may not be undone. For instance, Supremes can sit forever and most Americans do NOT want to end abortion as a woman’s choice. Messing with all the regs and trying to revive 1950s capitalism could disrupt our economy for years. It would not hurt to determine if Trump is guilty of treason by enabling his people to assist Russia in messing with our election process and important policy decisions like removing Ukraine sanctions or killing extra Syrian civilians? Why does Trump attack NATO and EU allies? Does this not give Putin what he wants—a stronger Russia using a divide and conquer tactic?

We need to stop Putin from winning this “cold” war—a war for the hearts and minds of the people of the world!

At least we know Obama does not hold dual citizenship.

Your Retirement Income Checklist in the TrumpWorld

There are so many unknowns in our futures that we must plan a FLEXIBLE financial future. We don’t know what The Don will do next. We can anticipate some expenses but generally, we must plan for a range of possible futures. If you stay invested in some stock mutual funds to overcome inflation, how can you avoid a prolonged flat market? If you count on fixed income like bonds or annuities, what happens if inflation roars back? We can moderate big swings in stocks and bonds by maintaining a balanced portfolio of low-cost funds. If we begin now, where we are, we may be able to add $250,000 to $500,000 before and during retirement. If we can delay taking Social Security and or our pension or IRA, we can add significant amounts to our future nest egg. Few retirees are happy playing around all day after working for 50 years. A gradual shift is more appropriate and rewarding. Today, retirees need to plan for 30 years AFTER working. You need to make two budgets—one for now and one for the survivor using current assumptions about income sources.

Remedy your situation now while you can: https://www.amazon.com/Your-Retirement-Income-Checklist-TrumpWorld/dp/1544703260

Is it treason?

The Don and his lieutenants may be guilty of assisting a foreign power in influencing our election. The FBI is probably looking at the way Manafort and others were leading the GOP campaign AND being agents of Putin or his oligarchs. Do we know for sure that foreigners did NOT hack the voting data of some states? Has the FBI geeks checked every computer in all 500 voting districts? We don’t need to have a smoking gun to prove that some Trump folks did NOT have America’s best interests at heart. For instance, why did the GOP allow Russians to strike the platform plank about sanctions for Putin’s invasion of Ukraine? Why didn’t The Don vet his lieutenants before allowing them to work on his behalf? How can Flynn be a paid foreign secret agent while he works as Trump National Security Advisor? He says he did not know they were working for Russia before or during the campaign. Isn’t that a LIE?  Once you are an agent, you are always an agent is common knowledge. Why is The Don always so positive about Putin and Russia? Why does he deny he has ties to Russia? Dick Cheney says Russia’s meddling in the U.S. election could be "considered an act of war.”  Why did Sessions lie about contact if it was innocent? How can you lie to Congress and not go to jail? Are Ivanka and Jared qualified to be playing the role of Sec of State? Putin would like us to abandon Europe and the former Eastern Block countries and get in a war with N Korea. Are voters scared that his naiveté, lack of judgment and gullibility to BS will start WWIII with the N. Koreans?

What are Nunes, Flynn, Sessions, Bannon, and crew hiding if not guilt of working with/for a foreign power to destabilize America?

Is Trump guilty of treason if he allowed his people to assist Russia in messing with our election process and important policy decisions?

RESULT: Putin wins this “cold” war of winning the hearts and minds of the world!

Who are these Russians that have “guided” The Don’s rise to power?

Some smart researchers are using GPS to discover who Don’s lieutenants hang out with. This connect-the-dots game can help us understand what has happened to bring us to the brink of presidential impeachment. When the FBI and Congress finish investigating, who are these Russians who have shaped American disruption? We have Rep Swalwell’s chart to help us start. https://swalwell.house.gov/issues/russia-trump-his-administration-s-ties

‘Follow the money’ was Nixon’s favorite ‘advice’: Russian fertilizer magnate Dmitry Rybolovlev, a Putin comrade, paid The Don $95 million for a $41 million mansion he had picked up earlier. Dmitry’s wife claims he was hiding assets. Russian comrades often use real estate to launder money from their deals. During the campaign, Dmitry was vacationing with WH staff Ivanka and Jared in Croatia. Dmitry was with Trump bankroller Bob Mercer in the Virgins earlier in March. The Don met Dmitry in Charlotte at the November rally. Another Trump lieutenant, Wilbur Ross, was chairman of the Cyprus bank that Russian oligarchs have used to launder money. One investigator found Trump has a network of outright mobsters, oligarchs, fraudsters, and kleptocrats. Russian oligarchs have devised elaborate schemes to move money despite Western sanctions.

The Don has many deep ties to Russia’s underworld elite which voters never knew about.

“Facts are stubborn things,” President John Adams, 1770. 

Take responsibility for your BS

Trump has been yelling fire in the theater for years. Now he has become our daily ‘bread’ since boasting that he could get Obama to give him his real birth certificate. Every day we are forced to listen to his BS tweets. When he lies, he blames other people like a bully in the playground. “Fox said Obama taped my phone, not me.” Russia may run on BS and “alternative” facts but Democracy cannot. Maybe that is the real reason The Don is playing with us every day. Maybe he is trying to reach a “Putin state” where Execuive Orders are the coin of the realm. He does not seem to want the real media and Congress involved. Maybe destabilizing America is what Bannon, the Executive VP really has in mind. Bannon’s “Deconstruction of the administrative state” sounds like that is Trump’s goal too. Many trumpers have said they like that idea. Trump even put Bannon in the holiest place--National Security Council--so a propagandist replaces the Joint Chiefs and the director of national intelligence. Is that like Goebbels replacing the Wehrmacht in Germany’s war council? Totalitarians are usually voted into office like Putin, Hitler and Mussolini. They then take more power by creating a threat that only they can quell, they claim. Putin invaded Crimea and Ukraine citing NATO at his border. Trump has his terrorists.

For those who say ‘let’s give him a chance,’ I say, we did and things are getting worse.

  

The Don will learn that Tax Reform is like health care—complicated

Why are there 5 to 17 lobbyists for each of our Reps in Washington? Lobbyists are paid over $5.7 million per Rep to make laws that favor their employers including tax subsidies and special exemptions. It has taken 30-40 years for lobbyists to bend the rules to favor their employers. Why should they give that up now? Only one reason—put more of the tax burden on some other guy, usually us, the ordinary tax payer. We have NO lobbyists in Washington buying them dinner, trips, re-elections. Dow company gets over 400 subsidies. GM and Buffett’s companies get over 300. FedEx, GE over 200. The top 500 firms account for more than 16,000 subsidy awards worth $63 billion. Many of these same profitable companies also pay NO taxes. You and I pay for them—we pay for their roads AND their subsidies. Like Trump in 1995, paying no taxes is what the rich want. Why would they change that now? Nearly two-thirds of U.S. companies and 68% of foreign corporations do not pay federal income taxes, according to a congressional report. The Don has promised to give corporations and the wealthy an even sweeter deal. The wealthy would receive a cut of 19% while we get only 4.9%.  Corporations pay about 12% on average so the Trump rate of 15% may only appeal to some. Many leave their profits overseas to avoid paying their fair share. Many use expensive accountants and dummy corporations and tax shelters to avoid taxes like The Don. However,

We can use our tax credits to avoid taxes now: https://www.amazon.com/Tax-Credit-Class-your-credits-pay-ZERO/dp/1539462382

The Don could succeed by looking forward not backward

Every president has had a vision—some forward like Kennedy’s moonshot, LBJ’s Great Society, Reagan’s tax breaks, ObamaCare—others backward like LBJ’s Vietnam, Bush II’s Muslim nation building, Trump’s revive 50’s USA. TrumpWorld promises low tech jobs in high tech world, fossil fuels in wind/solar world, aircraft carriers in computer bomb world, The Wall in a mobile world, polluted air/water in a cleaner world. For instance, Chile got solar utilities to offer electric at HALF the cost of coal. Solar jobs are growing at 12 times the rate of economy. For instance, Canada provides health care to all citizens at fourth the cost. For instance, Germany upgrades the skills of its workers every year and offers paid apprenticeship to every young person. For instance, our Reps used to get elected by asking for contributions of less than $2700 and no dark PAC money. For instance, a third of all new enterprises were started by US immigrants BEFORE the ban of 2017. For instance, our governments used to be led by Americans with NO foreign government help. We used to be envied by the entire world.

We give up a lot and gain very little by going backward.

Trump still fears Hillary: tweet “answers” to debate with Bernie; 6 mo after the event.

Beware: “Tax expenditure”

This is Washington BS for tax breaks for the rich. GOP calls tax revenue given as special tax treatment for friends, a tax expenditure. It is the reason most corporate and wealthy citizens pay less than we do—12% on average—because their Reps have added tax code exemptions, deductions and credits. Tax expenditures are designed to benefit specific activities or groups of taxpayers; the most important include deductions taken by employers for management deferred comp, employee health insurance costs, capital gains, corporate subsidies and mortgage debt interest. Our retirement nest egg could be on the block next if GOP can find the votes. Traditional pensions, 401(k)s and traditional and Roth IRAs offer delayed taxation to encourage saving but are also tax expenditures. People can avoid current taxation on up to $18,000 now. This tax-it-now approach looks attractive to GOP tax cutters but could result in middle-income savers abandoning their retirement plans. Use your tax shelter while you can.

https://www.amazon.com/Tax-Shelter-Young-Americans/dp/1500426520

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

We have entered the Twilight Zone:

"There is a fifth dimension beyond that which is known to man. It is a dimension as vast as space and timeless as infinity. It is the middle ground between light and shadow, between science and superstition, and it lies between the pit of man's fears and the summit of his knowledge. It is an area which we call the Twilight Zone" where “alternative facts” and illusions of conspiracies are lived out. Lies are considered true. Truth is what the loudest voice says it is over and over.  

Rod Serling

  

The Trump (Bannon) Presidential Style

Remember, Don Trump is still a contractor from Queens NY, just richer than most. As a promoter, his income is from lending his wealth “brand” to other’s buildings and golf. Secret Service needs extra $60 million in taxes to watch him in FL and cover sons to travel to promote Trump properties worldwide. Don going for another DC hotel to profit from foreign visitors for himself. SS protection of his property paid by us.  

Bannon called himself a “Leninist” who wanted to “bring everything crashing down.” State Dept being decimated. Putin thrilled with cuts in aid to 3^rd world, NATO, etc!

Putin got GOP party plank to drop sanctions on Ukraine invasion. Here is TrumpWorld

Trump sued for inciting violence against rally participants, judge rules

GOP cuts programs of folks who have no power to oppose cuts. Cowardly

The Don (Putin) does not like diplomacy, aid to poor, US environment or culture, finding cures for disease, transportation and education programs. Putin as clown pics banned

19 Agencies you may use being cut from American society: The Don does not like Meals on Wheels, Sesame St. NPR radio, Arts, Miners retraining, Seniors volunteers for poor, Americorp youth help poor,  62 in all for $343 billion

What GOP does NOT cut:

No cuts to subsidies to Boeing, GE, Intel, Nike, Shell, Fiat, GM, Ford, hundreds more.

            And these 27 got govt help and paid no taxes and 10 welfare plans for the rich

No cuts to govt cost overruns of $ trillions each year. And Congressperson subsidies.

Wealthy 1% will receive a $165 billion tax break, Seniors go back to food stamps.

Where does The Don get his information?

Trump urged followers to “Watch@JudgeJeanine on @FoxNews tonight”

Another Judge told him the British CIA spied on him for Obama but Napolitano made it up from former CIA source who NEVER said Obama ordered it.

The Don’s GOAL: Build the brand so every person on earth knows what “Trump” stands for and keep repeating the name every day in every way.

Senate Dems block Neil Gorsuch's nomination to the Supreme Court. Choice still alive?

NY gyms turn off cable news so NOT to stress out patrons

*

Lies or “Alternative facts” of The Don: Promises (lies) and Actual outcomes:

Trump’s secret plan to kill ISIS kills 200 Mosul women and children. Secretly sending more military to war.

The Don blames Obama for Syrian leader’s use of WMD even though he has special relationship with Putin and could end Syrian dictator with a phone call deal.

Why?

GOP just turned smoke into fire—canceling Russia influence probe sinks all Prez men. Trump men gave secrets to House Intel probe which Nunes gives back to Trump. ??

Former FBI Clint Watts tells Senate Intel Russia's efforts to influence the election. Clear

Flynn wants to spill his guts—FBI should put him in safe house away from Putin’s men.

Gallup reported 32% of Republicans view Putin favorably up from 12% in 2015.

GOP ready to shut government down again—tax cuts cost $5 Trillion in debt to China.

GOP to shut down state approved retirement savings plans for workers. No states rights!

The Don cuts consumer protection against high rates, rip off artists.

“Everyone is covered” in GOP plan except the 24 million who cannot afford it. TrumpCare failed because of the Democrats the Art of Deal maker claims. TrumpCare was a tax cut for the rich, wrapped up in pretty lies about the poor and needy.

“Obama had my 'wires tapped' in Trump Tower just before the victory." NO Proof

Trump accuses Britain of spying on him for Obama. No apology to Brits for his mistake or to Obama for accusing him of a felony. Like birth cert. LIES

“I have no information” that supports the claim Obama tapped Trump: FBI and NSA

Putin’s FSB does surveillance of Trump campaign; makes it look like Obama for chaos

Obama’s security adviser found Trump official’s names in intelligence reports.

GOP gave business our privacy rights so our browser info can be sold w/o permission

Jared in deep with Putin’s bank which supports Putin’s spy activity. Jared mastermind?

Sessions warns NYC it will lose security funds used to guard Mel and Bar in NYC.

Can we save ourselves from WWIII?    US threatens N Korea with pre-emptive strike

Putin influence: Putin marks all over Trump’s crew—“more than circumstantial case.”

The Don was naïve about Russian influence among lieutenants. Spicer claims Trump never asked Manafort, Flynn, others about pay from foreigners. He never vetted them about who paid them during campaign—Manafort, Page, Flynn, Stone, Tillerson, Ross, etc Connections chart. Manafort was campaign manager paid $10 mil yr by USSR. Trump secret agent sent to meet Putin’s agent in Indian Ocean.

Trump tries to derail House investigation of his collusion with Russia.

The Don publicly praised admitted sexual harassment perpetrator O’Reilly.

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

Regulators are the only protection against corporations since we can’t sue anymore

“It is nearly impossible for one individual to take on a corporation with vast resources.” Supremes stop us from suing—State courts no longer available to sue corporations!

Some IP promised not to sell our browser info even though they got Congress to let them.

Trump eliminating regs banning oil coal gas firms pay to foreign countries as bribes, cancel birth control for poor, open Alaska to grizzly killing by air, allow coal slag in rivers, cancel global warming treaty,

Ford recalls 52,000 F-250 trucks because they move while in ‘park.’ Jeeps do the same.

Mark Anderson Jones, Miami caught operated a $10 million pyramid—clients lose $4M 

Hyundai Kia recall 1.5 million for motor that stalls

We need regulation—GOP wrong—companies/cities wouldn’t fix bad products on own

GM killed 124 because ignition switch pin not replaced after knew it killed first in 2006.

Police want gun control.

When everyone has guns; your chance of being killed goes up. Police don’t know who to shoot. They assume everyone has one and shoot first. You and thief have guns. CO schools now allow teachers/administrators to carry guns in the classroom. Kid lesson! Since 2015, police have killed 86 people with realistic looking FAKE guns--suicide?

Police organization issued a formal apology for the historic mistreatment of minorities.

Police to buy military weapons to use against civilians again.

FL makes it easier to kill others if you feel threatened—“prove I didn’t feel threatened”

OK 23 year old kills 3 teens with AR 15 in home robbery—no charges—stand ground.

SCAMS:

Trump secret in defeating ISIL is to kill more Syrian women and children

20% of patients with serious medical conditions are misdiagnosed by their doctors

Ignoramus Award:

Trump proclaimed April as National Sexual Assault and Prevention Month—Lock Trump Up for his admitted assault on a woman as taped in his own words. 17 accusers.

How our government wastes our money:

Great Wall of Trump will cut Rio Grande in HALF and homeowners will lose land.

IRS using phone threats again if you owe; resuming the use of private debt collectors,

Navy wasted $17.2 million each 200 T45 trainer jets that suffocate pilots when flying.

Where have all the jobs gone?

GM avoids 100s of potential failures of vehicle-assembling robots by analyzing their data

Payless Shoes closing 400 stores.

Jobs with fastest growing salary: http://www.cheatsheet.com/money-career/jobs-fastest-growing-salaries.html/?a=viewall

Which job board sites are best for your job search?

Ransomware recovery: http://securityaffairs.co/wordpress/53438/malware/ransomware-recover-guide.html

Cancel Robo calls with Mr NoMoRobo: https://www.nomorobo.com/

Miracle:

Did you miss your refund? Miracle if your state is holding your money and gives it back. https://www.missingmoney.com/Main/Search.cfm

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts