Why investing the same amount of dollars each month is important

 

Best annuity for your retirement

Some annuities cost you nothing and the benefit increases automatically without you paying more premium. Some annuities are tailored to your age so that you receive more later and less earlier. Some annuities cost a lot. Some require no extra payments. Some annuities can provide a growing benefit and still provide a lump sum for emergencies. Some annuities provide a benefit only—the beneficiary cannot surrender the remaining principal. Some annuities are tied to an underlying high-cost variable account. Most annuities cannot be cancelled. Some annuities provide a periodic benefit for one or two lives. Some pay a benefit for a certain time period. Get the right one for your lifestyle.

https://www.amazon.com/Your-FREE-Annuity-Stream-Lifestyle/dp/1497438616

 

 

What is the New American Retirement System?

Protect your family and assets with your financial wealth. Borrow from your System to pay for large purchases. Buy whatever you need without going into debt to others. Self-insure manageable risks—invest the premiums saved. Buy financial services wholesale--save $3,000 a year. Manage your System in 1 hour per year. $2 million can produce $160,000 a year in retirement. There are no taxes either.

This book will show you how to:

Create a $2,000,000 tax-FREE Retirement System.

Use the best legal tax shelter: no taxes . . . ever.

Tax-favored over a 401k even with 6% match*

https://www.amazon.com/New-American-Retirement-System-Reserve/dp/1461030072

 

Retirement savings amounts very skewed to the wealthy

The average account balance was $141,542 for 2021; the median balance was $35,345. This disparity means that a small number of plans with very high balances skews this often-quoted average upward. The American middle class has a difficult time saving for retirement with low wages, high inflation and increasing housing expenses. Not everyone is benefiting from the tax deduction for contributions since many small employers do not offer 401k plans. The self-directed IRA requires starting early to obtain the maximum benefits of tax-favored savings. Very few high school curriculums offer a tax-benefit IRA course. It is up to parents/grandparents to get their offspring started on the journey.

https://www.amazon.com/Give-your-child-leg-manage/dp/1096505355

 

Is a money market account right for you?

This account, available at most financial institutions, is favored by anyone who says, “I don’t want to lose money in the market.” For instance, Vanguard Federal Money Market Fund’s investment objective is to seek to provide current income while maintaining liquidity and a stable share price of $1. However, maintaining a stable share price of $1 means that you cannot keep your purchasing power over time. Thus your money is not ‘safe’ and over time, your $5000 will buy less than it did before. Yes, you will earn interest but you will also owe taxes on any gain. A bank savings account may be a better vehicle for short-term savings. If you are saving for retirement, a ‘safer’ place for your money is a balanced (stocks and bonds) mutual fund. Over time you gain part of the positive market return in the form of share price rising and also stock dividends paid and bond interest earned. Some of my readers use such an account for their emergency short-term needs since they have accumulated quite a balance over time. “Borrowing” $5,000 from their $250,000 balanced mutual fund like the Vanguard Wellesley Income Fund costs them little. That $5,000 may be repaid to their account in a year or their gains on the $245,000 in a year may be enough to cover it. Remember, “never bet against America.”

Use Buffett’s strategy: https://www.amazon.com/Warren-Buffetts-Investment-Strategy-Forget/dp/1484822900

 

Why investing the same amount of dollars each month is important

Smart investors have learned the trick of investing to accumulate the greatest number of shares with the same amount of money each month. Over time, you receive fewer shares when the price is too high and more shares when the price is low. You are buying without overpaying for shares. Last December, for example, shares were expensive so your monthly investment of $250 bought one share of Vanguard Health Care Fund. But in June 2022, your $250 bought 1.358 shares (shares were cheaper). In this way, if you had started buying shares 10 years ago, your $250 would have purchased 1.689 shares. You can see that over the last 10 years, you would have more than 200 shares not 120 shares at the higher price. In 30 years, with more shares and the share price appreciation (dividends and increased value), your $250 a month investment may be worth over $500,000. This strategy is called ‘dollar-cost averaging’: you buy low and accumulate more shares. Over time, shares worth more. And you can make it all tax FREE.

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

 

 

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

 

 

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

 

 

The Path to Dictatorship: 2010-2030

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

 

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

 

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

 

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

 

 

Nov 8 2022 Trump’s “national revolution”

 

 

 

How Govt wastes our money:

Drug makers win: threat to Congress: price controls not set, drugs not created for us  

We are going into debt to pay oil’s record profits for gas and food: Exxon sets records

Few profitable corps pay 15%: Congress gives loopholes, subsidies: we pay 30+%

We pay salary; Congress makes fortune on insider information: we go to jail for same 

 

Nebraska teen and mother charged with aborting and burying fetus: America’s future?

Manchin limited EV cars to slow change from gas: climate to get worse

Sinema saved wealthy taxes in Inflation Act to keep funding from hedge fund owners

 

Like mob boss, Trump takes the 5^th : can’t ‘self-incriminate’: NY AG proved fraud

Of course, FBI will take back stolen US secret documents: felony to steal US secrets

 

SCAMS/SPINS:

Suit outcome depends on his lawyers not justice: Alex uses his $45 millions to appeal

TX GOP taking lessons from dictator on migration and marriage and hate

GOP votes to let drug makers charge unlimited price for insulin: not pro life for illness

Informant tells where stolen US secret nuclear documents hidden in GOP HQ

 

“Insanity: doing the same thing over and over and expecting different results.” 2020 vote

 

NC schools to pack AR-15 instead of waiting for Sheriff Buddy Harwood: 30 rnd/min

GOP denies election valid then claims win: supporters have lost their minds

GOP claims Biden uses Gestapo tactics: now they feel what it was like under Trump

GOP terrorists "tailgate" primary ballot boxes. This voter intimidation in red states. 

 

IN drug firm moving jobs out of IN to keep, attract more diverse staff: pro choice

Tesla caught false advertising: false claims on capability of autopilot

SPIN:“Dietary supplement is not a substitute for a healthy, balanced diet,” study says.

RECALL: Lyons Magnus issued a massive recall for 53 different drinks a 

Complaints: 2020 Ford recall front brake hoses rupturing prematurely adequate?

 

Lee Weiss PA caught advisor fraud related to a Ponzi-like scheme: fine 5 years prison

Hello Digit caught used faulty algorithm caused overdrafts and penalties for customers

SCAM: So-called wrong number/text: you get engaged and they pop you for cash

SCAM: PayPal invoice scam: give password to clear wrong debit and they pop you

 

Rent-A-Center caught deception, overcharging thousands: fine no jail

Celebrity promoted NFT artwork has no disclaimer: celebrity is part owner

BEWARE: Facebook traffics in hate group searches: ‘ban’ hate makes more searches

Walgreens helped flood San Fran with opioids: thousands of orders deemed suspicious

 

 

Covid test expiration date extended by FDA

Five Things Your Advisor May Get Wrong About Social Security: make appointment

 

 

Jobs

½ million get jobs July: market grows 14% a year last 5 years: inflation takes the extra

Educators: educator expense deduction rises to $300 in 2022

MetLife to hire 400 for Global Technology Hub Cary NC

 

Fastest growing occupations: projectionist, turbine techs, ushers, nurse practitioners

 

 

Who owns your account now?

Home buyers with “excellent” score (760+) pay $288/mo less than buyers with “fair”

Best hospitals in US: maybe worth the trip

Consumer Reports: 7 Hybrids to Save You the Most Money on Gas

 

Best truck rental firms: Uhaul, Budget, Penske

Best low-cost vehicles to own for 5 years: Kelly Blue

Best ideas for a lifestyle retirement: prepare for a future with others

 

Use your education credits for students and yourself

 

Miracles:

Floods bury cars in Death Valley: BIG change in climate is here

Speed up: climate change might affect the rotational speed of the planet: snow to ocean

Arctic is heating up four times faster than the rest of Earth:

 

“If the cost of standing up for the Constitution is losing the House seat, then that’s a price I’m willing to pay,”

Gas suddenly cheaper: did Russia war end, Saudis discover oil: Exxon needed bonus $$

 

One person makes a difference to KY community that comes together to save neighbors

McDonald's plans reopening its restaurants in Ukraine over the next few months 

 

FBI raids Trump’s FL mansion: missing FBI & defense texts: unindicted co-conspirator

 

 

 

 

@

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 in universe: galaxies to stones 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!

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

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

“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.

 

 

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

www.InsuranceAdvisorsNetwork.com

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

 

 

How can a spouse without work still build a retirement nest egg?

 

How to deal with the recession

When a recession comes, you will feel more secure by being prepared. Recessions usually involve stock market volatility and this means your account will be down. Unless you sell, this is a temporary adjustment caused by folks who panic. Recessions can mean jobs lost because the economy contracts or growth is not achieved for a time. If you are vulnerable, plan by increasing your emergency fund. If you are out of work for 6 months, you may be able to claim unemployment comp. However, you will need other income since UC is never enough. You might stock up non-perishable foods. You can certainly put off buying items you don’t need just now. Some readers have decided to skip their expensive vacation for now. Inflation hurts everyone on a fixed income so paying higher prices for non essentials just makes things worse. Some are finding new stuff to do in their region. Important: don’t give up hope. Many readers actually find ways to help the less fortunate in their town. When they volunteer, they see the other side of the economy. They realize they are helping folks in a worse bind than themselves.  

https://www.amazon.com/dont-have-money-Financial-Emergencies/dp/1537636707

 

 

Why do retirees stay frugal?

An EBRI survey of retirees asked why they don’t spend down their assets. The average amount of current financial assets was $200,000, with a median of $75,000. More than two-thirds — 69% — said their standard of living is the same or higher than it was when they were working, and 61% believe their spending is appropriate for what they can afford. Yet nearly half (46 percent) reported having saved less than they needed in retirement. Maintaining health and wellness in retirement was by far the most important goal. So retirees keep assets in case they have an emergency later. Most are happy at their current spending level. They like having plenty of funds in reserve. They would like to share assets with heirs. One-quarter do not want to run out of money so they are frugal. No one knows what will happen in the future and they don’t want to become unhappy with excessive debt.

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

 

 

How can a spouse without work still build a retirement nest egg?

I was laid off in 2000 and could not find a new position. I had to transfer my 401k to a low-cost IRA at Vanguard. However, because my spouse was working, I was able to continue making contributions to MY IRA using money considered a couple’s income according to the IRS. The Spousal IRA requires you must be a married couple and file joint taxes. One spouse must still earn enough to cover both their own contributions and the contributions for the separate spousal IRA. The Spousal IRA belongs to the spouse even after divorce. The earning spouse can have a retirement plan at work but the total income could impact how much of their contributions they can deduct from their taxable income. Most couples can contribute and deduct $6,000 each. We continued to deduct the contributions since our income never reached the limit. Now that we are retired, we take our RMDs and pay taxes on the gains made possible by both of us staying in the market.

https://www.amazon.com/Retirement-Income-Annuity-Guaranteed-Life/dp/1497337313

 

 

How do you start investing?

Contrary to what the financial media advises, you don’t get a trading account. No advisor has discovered a consistent way to make money trading. On the contrary, every study of long-term investments shows that COST is the best predictor of investment success. The investment scorekeeper Dalbar.com shows that in every period, the equity and fixed income indexes surpassed advisor-managed accounts. In fact, one analyst has shown that you can give away 63% of your total potential nest egg by using an advisor. What do the unbiased money managers recommend? Warren Buffett: “Most investors, both institutional and individual, will find that the best way to own common stocks is through an index fund that charges minimal fees …” Buffett proved it recently by betting $1 million that the stock index would beat 5 funds managed by a hedge fund advisor. Buffett used the low-cost Vanguard 500 Index Fund shares to win. This fund requires $3,000 to start but the ETF version starts at under $400. Vanguard charges nothing to open a retirement or regular account and only 0.03% a year to grow your money. Over time the stock index has grown at 11% per year. That means that in about 34 years you will have over $1 million from your $250 a month contributions. Even folks on low wages ($12 an hour) can earn enough from stocks to retire in comfort.

https://www.amazon.com/Best-Predictor-Investment-Success-Cost/dp/1502524082

 

Why are more advisors recommending the passive investing strategy?

Don’t fight success: According to the SPIVA scorecard produced by S&P Dow Jones Indices, 83% of actively managed large-cap funds underperformed the S&P 500 Index over the past 10 years and 85% lagged the benchmark in 2021. If you bought an ETF tracking the S&P 500 at its low in March 2020, you would have more than doubled your money by the beginning of 2022. ETFs are passive funds sold by advisors—not true passive funds like the Vanguard 500 Index. ETFs are like stocks so you can buy just one in a brokerage account. However, long-term investors prefer low-cost funds that encourage a ‘buy and hold’ strategy. Advisors have trouble beating an index because of fees, commissions and costs. However, some investors believe they have found their guru and pay for the status or occasional exceptions to the rule. My readers are using both and hire a fee-only planner when they need unbiased financial advice.

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

 

 

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

 

 

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

 

 

The Path to Dictatorship: 2010-2030

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

 

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

 

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

 

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

 

 

Nov 8 2022 Trump’s “national revolution”

 

 

 

How Govt wastes our money:

Martin-Baker ejection seats broken: F-35 fleet down: warranty expired: we’re screwed!

House votes ban weapons of mass destruction: killing machine--class of students in 3 min

Congress members get more security: we are victims of gun makers push for more ARs

Despite Cruz fist-bump GOP anti-veterans, medical treatment for toxic exposure passes

 

Congress will NOT “close the loophole” on the wealthy: ‘carried interest’ we pay debt

 

7 FL clergy suing FL abortion law: limits ability to live and practice their religious faith

GOP votes no family planning. no contraceptives, no choice, fascists decide sex for us

Using 1849 laws to punish people who provide medical help: ‘stoning’ victims is next

 

Do serial wildfires, 100*+ days and huge floods change the climate deniers’ minds?

 

Pentagon involved in Trump’s J6 attempted coup: ignored police call for National Guard?

Judge refuses to delay Oath Keepers’ seditious conspiracy trial

 

Kansas voters save women choice from anti-abortionists: Catholics spent $ millions

Feds sue ID for letting pregnant women die, criminalizing abortion help, no exception

Georgia says ‘unborn child’ counts as dependent on taxes after 6 weeks

FL teachers told to lie about slavery to children: DeSantis’ new “civics excellence” 

 

 

SCAMS/SPINS:

More Trumpists deleted messages re J6 coup attempt: organized crime “deaf & dumb”?

Trumpist Gaetz assured criminal Roger Stone of pardon by “the boss.” Criminal freed

GOP AZ gov Lake already claims election ‘stolen’ BEFORE voting: GOP theme song!

J6 terrorist brought gun to Trump’s attempted coup and got 7 years in prizon

 

Banks’ financial obligations to customers who lose money in transfer scams made real

Chevron, Exxon, Shell, BP record $ billions quarter: ‘from have-not to the haves’

Ferrari beat profit forecasts and saw its order book swell to new highs 

 

Florida’s culture war is being waged primarily in schools: brainwashing kids is easy

Supreme Alito’s religious freedom is HIS (not yours) religion practiced OUTSIDE home

Right-wing Christian info biz got reclassified as church: avoids probe, tax, donor list

 

Propagandists repeat lies over and over: Floyd faked death; 26 Sandy Hook faked death

Four Louisville police charged deadly raid on Breonna Taylor: Fake affidavit, coverup

 

DEBT disease:100 million have healthcare debt,42 million student debt, inflation debt.

17 States Sending Stimulus Checks of up to $1,500: cope with inflation of 9%

Pure profit: gas price increase NOT due to crude oil scarcity: Big oil just took $1 more

 

Bankruptcy: how people/biz who hurt families and towns avoid accountability willfully

3M placed its Aearo unit in Chapter 11 bankruptcy to try to halt a legal process 

WV cities counties share a $400 million settlement with three largest opioid distributors.

 

Opendoor caught Misled Homeowners promising higher sale than market: fine no jail

Facebook caught “improperly obtained and collected data from Facebook Users

 

Bad apple-advisors: thousands continue doing damage under state regs after Fed ban

Alan Appelbaum caught sell complex variable interest rate structured products Lost $

Jason Kurland lawyer caught bilking lottery winners out of $ millions: bad investments

 

U.S. crypto firm Nomad hit by $190 million theft

Your crypto fees leaving your account: Crypto Companies Spending $2.4 Billion on Sports

 

 

Banana Boat products may contain a cancer-causing chemical known as benzene

 Canine Heart Disease was Tied to Grain-Free Dog Food

Fake News: 3 doctors die of Covid booster: 2 had cancer; 1 long time illness

 

The chickens came home to roost: now Alex has to give up the ill-gotten gains

Fake endorsement: celebs get used and have to sue to stop SCAM

RECALL: recall protein drinks/coffee products Aloha, Lyons, Glucerna, Premier Protein

 

 

Jobs

LA needs 900 classroom teaching positions and 200 bus drivers

40% of parents hosting their adult child and in many cases, financially supporting them. 

15 Best College Majors That Pretty Much Guarantee a Top-Paying Job

 

Car mechanics: $71,000 - $80,000 a year NJ: full benefits

Citigroup plans 500 hires for new wealth unit - Bloomberg News

CA Teachers earn up to average annual wage: $85,110; Employment: 156,920

 

 

Who owns your account now?

Lemonade sells Metromile Enterprise to EIS

Canada’s TD Bank to buy U.S. brokerage Cowen

Top states for retiree health care are CT, CO, MN, VT, MA

 

Annuity payouts vary greatly: it pays you well to shop around

 

Miracles:

How one woman stands up against her own political best interests: democrat in spirit

Sunlight magnified by glass bottles in garbage can ignited 500-acre TX wildfire

English universities are ending humanities education: only for rich; classes solidify

 

Surviving in the coming extreme heat: learn new ways to live hotter longer  

Hotter summers mean Florida's turtles are mostly born female

Luxembourg has an even more radical green transport experiment: abolished fares

 

 

 

 

@

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 in universe: galaxies to stones 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!

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

“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.

 

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

www.InsuranceAdvisorsNetwork.com

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

 

Our ‘Representatives’ let the rich pay less tax than we pay

 

Our ‘Representatives’ let the rich pay less tax than we pay

A married couple making $200,000 a year could end up paying higher tax rates than a person making $200 million a year. That is the conclusion we see from analyzing the 15 top income earners. Some pay nothing just like the most profitable corporations. Who makes the rules that make the American progressive tax system a lie? They are the people we elect who take campaign funds (bribes) from these same wealthy folks. As one of the wealthy admitted: "We don't pay taxes. Only the little people pay taxes." When our Reps create systems that help wealthy folks hide their income, the tax rules can’t be used. The rich have no earned  ‘income’ to tax. They hide their assets in legal entities that can’t be taxed by any method. Meanwhile working people pay about 32.9% total tax. We can’t avoid SS, Medicare, property, Fed and state income taxes. We can’t hide from taxes since we don’t have dummy corporations, trusts, oversees entities and many other legal tricks. For instance, Jeff Bezos with $177 BILLION net worth had so little ‘income’ in a couple of recent years that he was able to pay $0 in federal income taxes in those periods. Our Congress creates loopholes so the rich have NO income—so no taxes—and never get audited. For instance, they can live on a loan financed by their assets. Loan income isn’t taxed: a $ billion asset can produce $100 million a year. The IRS can’t even figure out their schemes. We live under “socialism for the rich.”  We pay for the airports, highways, sports teams, courts, police, military, subsidies they use. They pay little.

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

 

When to start taking your Social Security benefits?

Use this free calculator to maximize your benefits: https://opensocialsecurity.com/. There are a lot of issues in this decision for some people. SS benefits are usually taxable. For others like myself, I had to begin early because I could find no work in my career field. For others like my wife who was still working and building her final pension, the wait till age 70 was a way to increase her benefits to the maximum—about $1 million. Your situation is unique and this decision is worth between $500,000 to $1,000,000 in income over a lifetime. Get help using free sources, including a visit to your local SS office or pay a fee-only financial planner to help you calculate all your income sources and potential tax situations. A commission or paid-fee sales person may not provide the best unbiased advice. Always get a second opinion if a certain product is recommended.

https://www.amazon.com/Lets-Do-Numbers-Creating-Retirement/dp/1502775522

 

How much did you have to pay for Twitter?

Musk bought Twitter with loans instead of selling his stock. He paid no taxes by using his ownership of Tesla to get the loan. You and I would need to pay capital gains tax if we sold our new car to buy an older car. When people buy a car from him, you and I give Musk a $7,500 subsidy—total $7,021,290,000 on 936,172 sales in 2021. Despite selling all those cars, Tesla paid nothing in taxes on a record profit of $5.5 billion in 2021. You and I pay more taxes/national debt since Tesla paid nothing. Elon Musk's net worth has surpassed $300 billion but he pays taxes at a rate much lower than ours. Elon Musk paid less than $70,000 in federal income taxes between 2015 and 2017, and he did not pay anything in 2018, according to recent reports. But even though we helped Elon pay for another asset he owns, we will receive nothing except paying for his avoidance of taxes. We and our kids will pay for the subsidies over time as we pay off the national debt. When people sue Musk for his mistakes, we pay for his use of court and judges from the taxes we pay and he doesn’t. It is a great system for the wealthy and powerful.

Avoid paying the taxes he should pay: https://www.amazon.com/Tax-Shelter-Avoid-taxes/dp/1985448300

 

Tax-refund Millionaire-- https://www.irs.gov/refunds

Most people spend their tax refund—your refund could be a retirement nest egg

Michele had trouble saving. She seemed to always be waiting for her next paycheck. She never had enough to save for a rainy day like her Mom did. She used to make about $35,000 as a shop manager but with federal, social security, Medicare and state taxes, unemployment, disability, and health insurance, she was not able to put anything away for retirement. Years ago, her local tax preparer suggested she use her tax refund to create a retirement fund. Usually Michele would use her refund to pay bills or buy something special. The tax preparer said that if she agreed to start an IRA with $2,000 of her refund, she would be able to increase her refund—Uncle Sam would help her save. The amount she invested would reduce her income and make her refund larger. The $2,000 could grow over time, if she left it in stock mutual funds in her IRA account. Over time, it has grown large enough that she will have enough for retirement.

I will help you start in 1 hour: https://www.amazon.com/Tax-Refund-Millionaires-Let-Uncle-Help/dp/149595644X

 

Which portfolio is the best for you now?
We are entering a time of high inflation and higher interest rates. What your advisor should be emphasizing now is a broadly diversified portfolio. Some advisors are pushing crypto for retirement even thought crypto is a speculative asset. Crypto may sell TV time but beware the dangers. Stocks are necessary because they are the most likely to overcome inflation in the long run. When interest rates are rising, fixed rate bonds are going to decrease in value. The bonds you can buy today will provide less interest in the future so few will want them and they will be reduced in price. When you compare the potential value of commercial real estate, you will hold on to your REITs. Commodities have been on a wild run recently with the Vanguard Index hitting 56% for 1 year. This fund represents a potential hedge against inflation risk and as further diversification for a traditional stock/bond portfolio. Keeping your money in a portfolio with a set of low-cost funds may be the best way to deal with the current uncertainty. No advisor can know the future so controlling your costs and taxes may be the best choice for now and the future. Learn yourself and save.

https://www.amazon.com/Millionaire-Mutual-Funds-Save-taxes/dp/1534939490

 

Annuity substitute

The annuity industry is pushing for Congress to have your employer include these expensive products in your 401k retirement options. Instead of moving your money to an IRA and taking the money for retirement income monthly, you would pay an insurance company extra to send you a monthly check. Employers used to offer a pension that you could count on to never run out of money. In return for your loyalty working for your company for 20-40 years, your boss would make sure you had income for the rest of your life. Sometimes employers even continued paying your spouse and included health care too: no longer. Since the 1980s, employers took the money for pensions and increased payout for senior management and stockholders. Employers passed the expense and investment risk to working people. Managements were still guaranteed their $ millions. The employees were given a couple of bucks to invest without knowing about investing. Most have done a poor job of guaranteeing a living retirement income. Employers are happy to pass on the responsibility to the insurance industry by encouraging workers to pay more for an annuity. The selling point is lifetime guaranteed income—but at a much smaller amount.

Consider annuity alternatives: https://www.amazon.com/Best-Annuity-Strategy-Income-Growth/dp/1497532019

 

A cost-effective emergency fund

If you own your home with some equity, you can set up an emergency fund at no cost. If you had an emergency expense like medical emergency surgery that was not covered by your health plan, where would you get the money? Would you go to your family, a 25% credit card, or file bankruptcy? A low-cost alternative would be a HELOC—a home equity line of credit. At the current 4% interest, you would be able to handle your emergency now and pay back the self-loan at your own pace and avoid overpaying for interest. HELOC amounts are tied to the equity in your home, a good credit rating and home appraisal. There are no closing, administrative or lawyer costs—little or no out of pocket costs until you use your line. Save $3,000 on fees, commissions, overcharges. Save $3,000 a year: https://www.amazon.com/Insiders-Guides-Discount-Financial-Services/dp/143480593X

 

 

 

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

 

 

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

 

 

The Path to Dictatorship: 2010-2030

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

 

Nov 2020 Wealthy discredit election process

 

Nov 21 2020 Trump’s Plans for a Coup

 

Jan 6 2021 Direct assault failed: guns & bombs ready

 

Nov 8 2022 Trump’s “national revolution”

 

 

Fascism: ‘Everywhere Babies,’ a picture book banned

 

Terrorist: “just followed Trump’s orders”

 

250 terrorists guilty: nonviolent misdemeanors.

 

Judge: Trump guilty contempt of court: lawless

 

How Govt wastes our money:

Disney punished for free speech by FL: residents will pay for its services and debts

FL will now regulate how you think in your school and your business

FL residents sue county for banning books, closed meetings: violates 1^st Amend

GA bans teaching "divisive" concepts like structural racism: whites don’t want to know it

 

FL judge now regulates national health criterion for shots, masks, disease, flu, etc

Trump judge, not doctors, not FDA, to decide covid treatment for children under 12

OK bans abortions: felony crime 10 years if doc caught

 

US and Russia sell the arms to end the world: will Putin or Trump pull the trigger?

 

FL election police (brown shirts) seek and destroy voter ‘fraud’: Trump mail-in ballots ok

 

SCAMS/SPINS:

CapWealth TN caught overcharging clients 12b-1 fees, etc

HighPoint Advisor caught overcharging clients: wrap program costs more: no disclosure

Beware: advisors switching from “personal interaction to digital technology” to cut costs

 

Ex-FBI Official Accuses Tucker Carlson Of Aiding And Abetting Terrorism

Giuliani to explain to Congress the plot to overthrow the government: lawyers do sedition

Whistleblower on Trump’s Russia funding probe is dead: DeutscheBank-oligarch link

 

Trumpist lawyer Meadows voting in 3 states: GOP voter fraud proved no jail time

GOP Trumpist: “I’ve Had It With This Guy” but fear of fascist’s power made him kiss up

Trump picks MI chief elections officer/law enforcement: lock in next election for GOP

 

Trumpist Green: not remember a thing re: “fomenting violence,” facilitating overthrow

Trumpist Brian Kolfage Andrew Badolato stole money for Mr T’s wall: 46 yrs prison

Trump Jr can’t count either: makes up math like he makes up news

 

More Black, Latino and Asian Americans turning to firearms for self-protection … but

Mass shootings are on the rise: anger, alienation, grievances or minor slights revenged

Ban guns not the books: no one was ever killed by a book: we are killing off our young

 

Fake Microsoft virus helpline steals $ 1.7 million from computer victim: ask Avast.com

Fake bank contact: legit looking call, text, email looking to steal your money.

Tesla Model 3 sedan on Autopilot crashed into a parked fire truck in IN: killed wife

Recall 48,000 Tesla speed display software upgrade: ‘over-the-air’ software update

 

Gambling addition: will US become like Australia: problem doubled over 10 years to 1%

Inflation from gauging not higher wages: 54% from profit margins; 8% from labor costs

 

Jobs

KY jury awarded employee $450,000: asked employer not to celebrate birthday, did it anyway

Top 10 states for tech jobs: TX, CA, NY, VA, FL,

When you need a little push to enter your highway lane: make a 3-D at home

Fidelity 12,000 new financial jobs

 

Study says: CA police do not like people of color, immigrants, women and LGBTQs.

 

Who owns your account now?

Orange County median price for homes rose from $985,000 to $1,020,000 in March.

Tesla crashes into $3.5 million jet after being ‘summoned’: “autopilot” kills their jet

Vehicle Dependability 3 year olds: Kia, Genesis, Hyundai, Buick and Toyota top list

 

Musk gives Trump and other fascists the floor to make more hate: it’s their right to hate

NJ E-coli beef recall: check your packages

Mastercard Free ID Theft Protection and Credit Monitoring: why pay up to $120 a year

 

Miracles:

A packed train TO Kyiv: going home to rebuild: will Marshal plan help?

Monarch butterfly is back: after years of decline: insects in decline from heating/farming

 

Belarusian railway workers who helped thwart Russia’s attack on Kyiv

A pet lover’s courage to save the animals in war: true grit by example

What the world needs now: Sympathy

 

Warming planet’s tangible impact on Alaskan native culture’s food traditions

97,500 square miles of trees vanished last year: 1/3 by fire alone

Trumpist head USPS buying all gas fleet: no electric deliveries

Manchin gets paid $500,000 a year to keep his coal company in the pollution business

 

16,000 foreign volunteers assist Ukraine in fight against Russia: 2^nd front

 

 

Everything in the universe from sun to stones is made of subatomic ‘vibrations’

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

Mass–energy equivalence: E=mc^2   Everything at smallest level is moving!

 

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

www.InsuranceAdvisorsNetwork.com

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