You don’t need a financial industry sales person

 

Easy tax filling

Online IRS approved software is easy as answering questions. I have been using the Free-File vendors for years at https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free. I have used TaxAct, FreeTaxUSA, and 1040NOW.NET. I pay a small fee to have the same return filled in my state of New Jersey. I avoid all the commercial sites that say they are ‘free’ since they usually charge for some special form needed each year. In fact, one of the commercial sites, Turbo, has been notified by the FCC to stop claiming their service is ‘free.’ The benefit for using sites like FreeTaxUSA is that next year they have kept your name and address data so you don’t have to reenter your bank, broker, employer, etc data. This data will prompt you to find info that you may have not received or have forgotten to obtain. Some reviewers claim these sites are not comprehensive but I have found FreeTaxUSA to provide all the forms and calculations for our return of about 46 forms/pages. Plus we get our refunds by direct deposit in about 3 weeks. Check for your refund: https://www.irs.gov/refunds. Due Monday April 18.

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

 

Will crypto assets support your retirement?

Many working people expect to receive huge gains from this new investment type, despite knowing very little about it according to a new survey. Responders were asked: ‘Where do you expect the greatest return on your investments over the next 10 years?’ Unfortunately 30% think crypto will provide the biggest investment returns. Stocks are second with about 20%, mutual funds 11%, real estate and NFTs show single digits. Younger people expect to retire earlier than older people as expected. Unfortunately, crypto is the newest ‘get rich quick’ scheme in the press and the top scam mechanism. Since schools do not teach young people how to invest for retirement, it is up to their parents with limited financial literacy to teach them. Most don’t know about the tax-FREE account available to everyone.

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

 

Do you use the power of compounding?

Most high schools don’t teach the most important aspect of managing your money. Most average middle-class parents don’t know how wealth is made. Sure they have heard that some people become wealthy by creating a new biz like Google or winning the lottery or inheriting their family legacy. But most young people don’t know how to use the miracle of compounding which Warren Buffett credits for making him wealthy. If your math teacher mentioned it at all, they probably used the illustration of how a savings account grows: a deposit of $1,000 grows to $1,010.05 in a year. Not exciting enough to remember by the time you start earning real money. If schools were allowed to teach compounding with examples from the real world, everyone would show this financial miracle at work. Thus a teacher would show the actual results of real returns documented by DALBAR, the unbiased tracking firm. For the long-term investor, the SAFEST investment is a low-cost stock market mutual fund compounding at the rate of 11%. An honest math teacher would then show a chart like the one of real accumulations over time in this book. The teacher could build a real table showing $250 invested monthly for 35 years with a total accumulation of $1.2 million:

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

 

Not all wealthy hedge funds do well

Things have gone from bad to worse at Tiger Global Management’s flagship hedge fund. The hedge fund tumbled more than 13% in March, according to a person familiar with the matter, capping three straight losing months and a tough 2021. The decline was 7% last year, its first annual drop since 2016. Hedge fund managers produced aggregate performance of 10.3% in the year ended Dec. 31, down from 11.8% the previous year, returns of the HFRI Fund Weighted Composite index showed. Compared to a simple low-cost stock index fund return of 28.83% in 2021, 18.38% in 2020 and 31.74% in 2019, hedge funds have suffered from their high fees and costs. Instead of trying to pick securities and leverage returns, many wealthy folks would have been better off leaving their money in a stock index fund like the Vanguard 500. As a group, hedge funds have a net outflow because high costs must still be paid to managers. Tax-FREE account approved by the IRS is a better deal than a wager on a hedge fund manager.

https://www.amazon.com/Tax-FREE-Wealth-How-laws-free/dp/1475089236/

 

Why are we paying a higher tax rate than the wealthy?

Bloomberg earned over $2 billion but paid only 4.1% in taxes. Ultra wealthy high-income Americans are not only privileged—they beat the system and pay less tax than we do. For them it is a game: not paying taxes. “That makes me smart” one confessed during the presidential debates. Jeff and Elon paid nothing recently helping to pump up the national debt—our children’s debt. Most corporations pay nothing. The middle-class pays more than most wealthy people according to Warren Buffett. We pay total taxes of 32.9%. They pay under 20%. The American system is withering away.

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

 

You don’t need a financial industry sales person

I have been in the industry since 1987 and I came to the conclusion that most middle-income families can’t afford to lose up to 63% of their hard-earned savings/investing to the financial industry. From the inside, I saw that most financial clients are wasting their money on the tricks and hype presented by most sales folks. After obtaining all of the licenses from the industry, I can tell you that you don’t need to pay for the biased self-serving advice from the industry. The best and most useful information is available FREE—books and internet provide exactly what you need to be a successful investor and financial services consumer. First, no advisor knows what will happen with a security or the market next. Second, we know the probabilities of investment success by security type. Stocks and low-cost stock mutual funds provide 11% return over time—more than 10 year periods. Third, fast trading hot stocks finish last. Monthly dollar cost averaging provides the best method of investing. Fourth, buy all financial services from direct sellers not salespeople. Get three estimates of costs before you buy anything. Costs matter: https://www.amazon.com/Keep-Simple-Essential-Financial-Life/dp/1492258849

 

 

Have you taught your child how to make tax-FREE money?

Make sure you teach your kids how to create wealth the easy way. My parents were not investors. At my first job, I had no clue which investment option to use for my 401k contribution and company match. The HR person told me to put it into the 'safe' stable value fund. That was the worst choice at my age I learned later when I got my securities licenses. If I had followed their advice I would have ended up with $150,000 instead of a Wealth Reserve of $877,233 about 33 years later. I have used this 'Wealth Reserve' as I call it to have funds to buy low-cost insurance, to buy two homes and 5 cars with higher down payments or cash, and now to receive $2,500 a month in retirement supplement. Now your child can build an account that provides tax-FREE retirement income too.

Time is on their side: https://www.amazon.com/Give-your-child-leg-up-manage/dp/1096505355

 

 

?**********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”

 

 

Another terrorist pleads guilty

 

Terrorist ‘follower’ found guilty

 

Terrorist ‘lawman’ guilty

 

Junior’s ‘plan’ to overthrow government: ‘We control them all’

 

 

 

How Govt wastes our money:

Justice wasting time on Trump’s stolen docs not on his attempted overthrow of gov?

TX charges woman with homicide but there is no Homo sapien dead: corpus delicti

Secret Service easily duped with gifts and fake badges: we pay a lot for un-security

 

19 GOP states prohibit prescribing abortion pills by telehealth or sending them by mail.

Yelp joins Citigroup in covering expenses for employees travel for abortion services

Drug pusher industry regulates the regulators: drug profits over drug safety: Oxy for all

 

FL GOP locks in future wins with new district maps: Dems lose

Fake transactions to fraudulently evade $61 million in taxes: IRS never catches wealthy

We are making new nuclear warheads despite having enough to kill Earth 10 times over

 

SCAMS/SPINS:

Sacramento killing automatic switch can fire hundreds of rounds per minute: no chance to defend

Every day in America, more than 40 children lose a parent to shootings: Wyatt Earp right

 

More boomers are retiring to the streets, living in cars: rents rise 33%, health goes first

Future of planet Earth is up to business to clean up its mess: they keep most tax money

Business unlimited election spending puts their Reps in gov positions, make laws, regs

 

990,000 dead: bring mask and test again: party spreader: third cause of death in US

Scam: voice clone to make you pay for your ‘kidnapped’ family

Gift card scam: Walmart helped victims claim return of $4 million

 

‘Zuck bucks’ virtual coins for Facebook and Instagram users helps Zuckerberg get richer

Car dealers gotten in price inflation spirit: how much more can they take advantage?

Car makers lost way: Not A to B: entertainment systems, tech centers, home offices, digital firms

 

Roger Ng, Goldman Sachs caught violate anti-bribery launder money laws: jail.

Robert David Jr, Morgan Stanley caught inflating client assets to trade w/o permission

John Winslow Edward Jones caught stealing money to buy gold: defrocked

 

NYC AG lets Trump slide: investigators have ‘crime evidence’: tax evasion mobster Al

Trump vows to release the terrorists if he takes over government again

GOP tries to rewrite US history of brutal slavery: Putin would be proud

Trump enforcer Mark Meadows caught: GOP voter fraud: lie about home: No Jail

Trump’s GOP will no longer debate for prez: too hard: moving ‘debate’ to Fox/RTN?

 

cryptocurrency scams promise huge gains: you missed them already $5,000 Mar 20, 2020

Retirees suspicious of using 401k balances to buy lifetime guaranteed income annuity

Fuel oil to heat home costs $5.25 but $3.77 for car gas yet costs less to make: ripped off

 

Hitting Putin: $800 million worth helicopters and howitzer artillery challenge next

Putin kills 50 women & children waiting to leave Kramatorsk: he left his dud missile

Russia headed for historic default on foreign debt: rubles don’t buy what they used to

Putin may not be able to stop himself: he is the only one: only force can stop him?

Pence Says He 'Stood Toe to Toe' With Vladimir Putin: like Bush ‘sees into soul’?

Even tiny Luxembourg supplies antitank weapons/jeeps: Estonia giving $240 million

Another big Russian boat seized: This one $735 mil could buy many tanks

 

Jobs

NYC subway cameras out during shooting of 10 in Brooklyn: hire camera repair teams

275,000 new hires in one TX area: child hunger still a problem there

 

Who owns your account now?

NJ gas price falls to $3.97 from $4.09 in 2 weeks

Buying used: check the VIN number on SaferCar.gov Note recalls, problems not fixed

Teen “persistent feelings of sadness or hopelessness” up from 26% in 2009 to 44% 2021

We are still trying to hail aliens with messages in Norwegian, geometry and funky music

 

Miracles:

Scientists turn back the clock 30 years for human skin cells: no more wrinkles!

47 Senators don’t support American promise: 53 to 47 first Black woman Supreme.

Kyiv comes back to life: triumph and sadness: it’s different 3 million left

 

 

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/

 

Need a graduation gift?

Need a graduation gift?

The greatest gift you can give is financial knowledge. No matter how much your young graduate makes, it is up to YOU to show them the Buffett investment strategy. Make sure they can make and manage money. At my first job, I had no clue which investment to use for my 401k contributions and company match. The HR person told me to put it into the 'safe' stable value fund. That was the worst choice at my age I learned later when I got my securities’ licenses. If I had followed their advice I would have ended up with about $150,000 instead of a Wealth Reserve of $877,233 about 33 years later.

YOUR choice: https://www.amazon.com/Give-child-leg-up/dp/1096505355

Stock-picking hedge funds are throwing in the towel

With Warren Buffett’s win of a simple strategy over 5 hedge funds, some high-cost managers are giving up. Buffett put a $1 million in the simple Vanguard 500 index in 2008. The five funds of hedge funds Protege picked were up roughly 19.6% compared with the 63.5% for the top 500 index. Lackluster returns and lofty fees charged by hedge funds have prompted investors to head for the exits, and they withdrew $15 billion in the first quarter, according to eVestment data, in a fourth straight quarter of redemptions. Most Wall Street firms are dropping fees in an attempt to maintain their failed business model. John Bogle made it clear: costs matter. Over a 50-year investing lifetime, that little 2% fee will erode 63% of what you would have had. Do the math: if your money earns 10% and you pay 2%, your $3,000 a year retirement contribution will be worth only $2 million; NOT $4.3 million.

https://www.amazon.com/Warren-Buffetts-Investment-Secret-Steeple/dp/1484189809

Do we have too many options?

Amazon carries an almost infinite variety of stuff. Big box stores are forced to carry more choices and most of us can’t cope. Contemporary internet shopping conjures a perfect storm of choice anxiety. Research has consistently held that people who are presented with a few options make better, easier decisions than those presented with many. This is why we see DISRUPTORS in the consumer commodity space: Casper (mattresses), Glossier (makeup), Away (suitcases), and many others have sprouted up to offer consumers freedom from choice: These firms are selling a confidence in those things, and an ability to opt out of the stuff rat race. This is especially true for financial products. If there are only 10,000 stocks, how come there are 9,356 mutual funds, and 5,024 ETFs. (Less than 1% get HALF of all the money) But which of the 25,000 options should you put your money into? Investors are flocking to Vanguard to pay less; earn more.

Follow the money: https://www.amazon.com/Disruptors-Three-Innovators-increase-WEALTH/dp/1720857563

Trump’s Socialism: like Putin he picks the firms he likes

Nike, Adidas and 173 shoe firms claim Trump tariffs are killing their business. Tariffs are a tax paid by the importer: ultimately, the consumer, Trump’s economist confessed. Shoes already pay duty so tariffs are double tax industry. Apple watches, flat screen TVs and high chairs all got waivers during the last round of tariffs. 47,000 requests have been submitted on steel and aluminum tariffs. American steelmakers have successfully blocked thousands of waiver applications, with more than half the objections coming from just a handful of big steel producers. So U.S. Steel, Nucor and AK Steel have effectively become an oligopoly. They can control prices since everyone, but them, must pay the tariff tax. The farm welfare goes mainly to the large agribusinesses so they become larger and buy up small family farms. We pay for the Export-They can’t compete on price. Using the 2017 Opportunity Zones tax break, the wealthy can reduce their gains’ taxes to 0%. We can’t do that. We pay for their tax breaks as group, ‘socially.’ 

Trump’s Socialism: https://www.amazon.com/Americas-Socialism-for-Rich-little-people-pay/dp/1535218584

Despite DEM talk, wealth gap will become larger

The rich benefit from a rising stock market. They have doubled their wealth since 2012 just by letting their money alone. The richest people have increased their share of stock ownership over the last 30 years. 1% of households now own 50% of all household equities, up from 39% in the late 1980s. Just over half of Americans own stocks. Two-thirds of Americans do not even participate in or have access to a 401(k) plan, according to the U.S. Census Bureau. Working people, whose income has remained the same since the 1970s (inflation-adjusted), can’t afford to save and invest. Trump promised his tax cut was for workers, but corporations are giving it to stockholders. Even with everyone in the household working when they can, the cost of living does not allow for a savings/ investing plan. Most do not know about the Miracle of Compounding and a tax-free account. These strategies could help most people have enough in retirement.

Use these tools to assure your retirement: https://www.amazon.com/Your-Wealth-Reserve-Save-year/dp/107028288X

Why your broker/advisor called the market move wrong

When the markets took a break from historic long bull at the end of 2018, many so called ‘professionals’ sent their money to fixed vehicles. Of course, then the bulls continued to run despite the various ‘signals’ sent from Washington. We don’t ever learn: none of these people can predict the future—they’re salespeople. That was my first lesson at my brokerage firm in 1987. So you missed another 12% gain. So what if the market swings wildly from day to day. If you can’t stand it then don’t—spread your money around—don’t follow their advice. You know down deep that they are not going to be right most of the time. Accept the returns of a diversified portfolio knowing that every sector has its day in the sun. Pick a balanced fund like Wellesley Income and just hold it for 9.69% since 1970 or buy BRK for 20%. Boring, yes; but profitably steady.

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

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

Make America, “The Don”, Great Again

Senile Psychosis or Parkinson’s delusions? quetiapine and clozapine

Truth isn’t truth, his lawyer says

“The campaign -- for him -- was always a marketing opportunity.”

Two Americas: A Banana Republic? Do we really want an infant king? Daddy Putin!

Will voters who need ObamaCare vote for it?

Can a mob boss snub Congress’ subpoena?

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

How Govt wastes our money: Congress spends $1.3 Trillion we don’t have! 

Govt filed 2,000 actions against opioid makers that created epidemic 47,600 deaths 2017.

Trump: lower medical costs by disclosure of secret pricing. Med industry pays CEO more

Trump against America’s wishes, gives weapons for oil to dictator to kill its neighbors.

Trump adds new tax on stuff we buy from Mexico: tariff is tax we pay—cars, foods

GOP wants citizenship in Census (count ‘persons’ not citizens) to mislead us.

GOP will NOT secure and protect 2020 election: Putin will decide next US prez.

How building manager can bring peace to most contested property in world.

Deregulation gone amuck: TX cancels plumber regs, license and test so all die from gas.

SCAMS/SPINS:

Trump OK with Kim’s missiles and name-calling US political candidate: Dictators agree.

GOP voter fraud game shown to be just a propaganda trick to help TX GOP win.

How much is death by intentional opioid poisoning worth in OK?

Wealthy could buy Hollywood high school diplomas too: $280

Credit score: MN or MS—713 or 652—which state are you in financially?

Prevagen is fake--real exercises to keep yourself sharp for life: Why Jellyfish?

BayerMonsanto caught manipulating science, EPA and media: $2 billion cancer

Annuity lobbyists caught hiding windfall deal inside retirement bill to delay RMD.

Employers have new way to stop pension growing even when you keep working.

Michael Bastardi caught ignoring requests about fraud forgery: barred

Stephen Anderson NC caught overcharging clients: fine no jail  

James Daly Michael O’Keeffe, MA caught losing $10 million on oil & gas for all clients

Never wire money without calling receiver to confirm: mortgage escrow scam.

Never refi mortgage without shopping rates/fees/charges: lender churning scam.

Never take default help without shopping rates/fees/charges: fake govt help scam.

Never pay pre-rental fee without confirming agent authority: fake rental deposit.

The Mob Boss can never go to jail: Trump has Kava as Supreme so no contempt.

‘No man is above the law’ … well up till now. Dictators nullify courts first, then votes.

Supremes protect Don’s ‘Orders’? – GOP: ‘Sure, prez can change Constitution anytime.’

"Charging the President with a crime was therefore not an option we could consider."

Jobs:

10 best entry-level with a bright future: engineers and nurse assistant in demand.

Supreme Court: employers can use forced arbitration clauses that strip workers of rights. 

Dick’s Sporting not hurt by banning AR rifle sales last year.

20 Fastest-growing jobs: pay is low for some; college required for some; solar & wind.

Who owns your account now?

I chose scuba diving old wreck over Everest climb this week end. I hate crowds.

Congress to change retirement account rules: fixing old laws

Fed employees soon to have other Thrift Plan options to take retirement money

Miracle:

Home Depot the helpful place: builds a walker when insurance can’t.

Alex Trebek's pancreatic-cancer tumors shrinking at 'mind-boggling' pace. Prayers!

8 spellers tie after Spelling Bee ran out of words: $50,000 each! WOW first time!

IAN

41 Watchung Plaza, B242

Montclair, NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alert

Are you making Fidelity owners richer?

Are you making Fidelity owners wealthy?

Your fund fees gave the Johnson family a boost. Fidelity Investment’s income rose even as its investors quit its active trader funds. Active trading fund investors are moving to passive funds on the realization that fees and trading reduce their earnings. Buffett won his bet with 5 Wall Street ‘professionals’ that the Vanguard 500 Index fund would provide a better return: 94% vs 24% over 10years. Why don’t most investors use index funds? They think the Johnson family has managers that are smarter than the market itself. They earn a lot of fees from that myth.

Bet on Buffett’s judgment not on the Johnson’s. https://www.amazon.com/You-Beat-Wall-Street-professionals/dp/1986031373/

Budget tight?  Buy new car or $1 million retirement?

Should you use $300 a month for a new car or your $1 million nest egg?

That is what it comes down to for many people: Current pleasure of being seen in a shiny new car or silently investing for a great future. Let’s do the math. $300 a month for 7 years pays for a new chevy. By then you will need to buy another one so you will spend another $300-400 a month. Most people go through 9 cars while working. Consider buying $1 million nest egg instead: Buy used cars with cash from your tax-FREE investment account. After you have invested that $300 a month for 7 years in a low-cost market account, you will have about $35,000 from your $25,200 contributions. You can take $10,000 from this account without taxes to buy a new used car. After going through this same pattern of investing instead of using your payments for a new car, your tax-FREE investment account will provide you with a $1 million retirement fund. Yes, you will not have to pay tax on money for your cars or for your retirement income. 

New cars or $1 million fund—which is for you?  https://www.amazon.com/Go-Tax-FREE-Investing-Income-Forever/dp/1482633280

GOP has no plan to stop Putin-Trump election meddling—“aiding and abetting”

Aiding and abetting is a legal doctrine related to the guilt of someone who aids or abets in the commission of a crime. It allows a court to pronounce someone guilty for aiding and abetting in a crime even if they are not the principal offender. “Russia, if you are listening, find the 30,000 emails that are missing,” is clearly encouragement. Trump admits he fired Comey because of “this Russia thing with Trump,” is clearly complicity in the crime after the fact not to mention obstruction of justice.  

Trump and the GOP are doing nothing, so they will be considered complicit in crime of foreign government interfering in our 2018 election.

Conclusion: Trump as commander in chief and Congress with the power to declare war on cyber criminals is ignoring the acts of war by Russia. Both fail to protect our democracy.

                        If they were doing their duty, they would be protecting us from Russian cyber war. Trump failed to carry out Congress law on more Russia sanctions. GOP thinks of Russia, which is out to destroy democracy, as an ally.

WOW! Reagan turns over in grave.

            Can we say that this sounds like Benedict Arnold? He received money and other things of value from the enemy. As Jr said, “We see a lot of money pouring in from Russia.” Putin may have discovered something that Trump wants more than being president. GOP wants to hold power at any cost: President does money laundering, sexual assaults, lack of leadership, obstruction of justice, and conspiracy with Russia to win election.

Former presidents have faced impeachment for lesser crimes. Clinton charged with lying. Nixon subpoena before resigning. Trump guilty of aiding/abetting the enemy, obstruction of justice, failure to protect us in war, misuse of power, violation of emoluments clause, sharing secrets with enemy in Oval Office, inciting violence by incendiary remarks, lying about immigration, lying about trade. Mueller will need to indict Trump kids before he resigns—son and daughter have no clearance and using their office to make private deals.

Electrics are not perfect either

Experts say a Toyota Prius software fix may reduce fuel efficiency. Meanwhile, some owners of Tesla’s Model 3 are reporting quality problems. These vehicles have been at the top of most quality and reliability surveys. Battery overheating still remains a problem. Perhaps new technologies need to time to sort out long-range use. JD Power still finds a 3-year-old Lexus has the fewest problems. Cadillac fell to poor while Kia rose. Buick remains high on the list. Used cars to avoid include the most expensive, according to Consumer Reports. Some 1-year old cars lose 30% ($11,000) of value. Electrics and new technologies don’t seem to help when it comes to insurance costs either. Consumer Reports found that there were almost no discounts for new technology like blind-spot warnings. Sell your gas car to https://www.kbb.com/instant-cash-offer/

You must ask for every discount: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

Trump adopts NRA new line—more guns in ‘hardened schools’

But he promised no guns in schools: Trump denied wanting guns in school: Tweeted ‘Wrong’ to Hillary accusation I want guns brought into the school classroom,”

Formerly, NRA said “no guns in schools, period.” Now gun battle is for your ‘freedoms’ not guns. Makes it look like the gun lobby is saving democracy. They sell GUNS.

Now Trump wants guns and “hardened” schools—like banks. NRA proclaimed “hardened” schools and more guns to fight other Americans in TV advert.

Parkland had armed guard but high school shooter got in and out as student. Virginia Tech had teachers with guns and couldn’t stop killer.

Now Trump mimics NRA—Dictator Trump wants to scare voters: Dems want to take away your 2^nd Amendment ‘freedom’ to kill your ‘enemies’—other Americans.

FL legislature already decided NOT to have discussion about assault weapons in FL. Arm the teachers.

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

He bet a market guru on Jan 1 2008 that his SIMPLE advice would beat the professional money managers. He took a bow in his annual letter to his fund owners:

“A virtually cost-free investment in an unmanaged S&P 500 index fund would, over time, deliver better results than those achieved by most investment professionals …” And his choice did after inflation—8.5% a year vs 2.9%. “American investors pay staggering sums annually to advisors, often incurring several layers of consequential costs,” and with little to show. Buffett’s final message: “As an investor’s investment horizon lengthens, however, a diversified portfolio of U.S. equities becomes progressively less risky than bonds.” Read how a really successful investor earns over 19% a year.

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

What can go wrong when we don’t use Buffett as our advisor?

Harvard’s highly paid money managers thought they could manage risks other schools avoided. They blew $1 billion in bet on tomatoes, sugar, and eucalyptus. Don’t feel sorry for Harvard or all the other wealthy school endowments. They still have $37.1 billions to lose. However, because these smart people think they can earn more by paying more expensive managers, they have earned only 4.4% a year over the last 10 years. They and MIT, Columbia, Princeton, and Yale would have been better off going with Buffett’s advice. If you used him as your advisor, you would have earned 8.5% a year for the last 10 and more years. In fact, Buffett’s choice of mutual funds would have earned 11% before inflation. Forget paid advisors. They can’t even make money for the wealthy.

Use Buffett’s advice: https://www.amazon.com/Warren-Buffett-Your-Investment-Advisor/dp/1518690963

Best last minute tax saving move

Tax filing began Jan 29 even though all the forms are late in arriving. If you find you owe tax instead of hitting the refund button this year, you may still be able to claim your refund. You can reduce your 2017 income and receive a tax credit. Credits reduce your taxes dollar for dollar. In effect, Uncle Sam can help you reduce taxes AND save for retirement at the same time. On line 32, Form 1040 or line 17, Form 1040a, you can enter up to $5,500 ($6,500 over age 50) as IRA contribution to reduce your income. If you meet the qualification, a credit will show up on Line 51, Form 1040 or Line 34, 1040a. You subtract this credit from your tax. EG: Income $66,000: tax refund is $3,335, without IRA contribution. With the contribution, the refund is $4,392 or $5,553 if you both make the contribution. Credit against tax is $400. IRS checks to see you have IRA.

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

Is your employer’s 401k robbing your retirement income?

Retirement lawsuits are on the rise so employers are taking steps to protect themselves.

Experts warn that high fees, lack of investment options or poor investment options and breach of fiduciary duty are going to cost employers. Fee lawsuits have “exponentially increased over the past two years,” says Nancy Ross, a partner Mayer Brown in Chicago. “We saw a lot of it last year and we are seeing a lot of it this year.” Employees claim they are hurt by high priced retail mutual funds rather than lower cost institutional mutual funds, she says. For employers, it is cheaper to settle than to fight. Second, employees claim investment options include funds owned by the plan sponsor making them poor performers. Third, self-dealing, kickbacks and overpaying plan advisors are alleged.

Stop giving up your future nest egg: https://www.amazon.com/Robbing-You-Blind-401k-fees/dp/1493588966

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

Commercial tax prep sites offer expensive loans as advances on your refund but you can keep your whole refund using the IRS free filing partners. Refunds can be in your account within 2-3 weeks. Remember: IRS does NOT call you. The average refund is over $3,000. Check your refund: https://sa.www4.irs.gov/irfof/lang/en/irfofgetstatus.jsp

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

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

Saving taxes in 2018

Take advantage of these steps to save the most in 2018. If your tax bracket fell, you might see more in your paycheck. However, there are other serious ways to save on taxes. 1. contribute more to your 401k, 403b, or IRA especially if your employer matches contributions. 2. use your HSA if your health plan is high deductible as a tax-FREE fund for later. 3. have more kids: child credit doubled. 4. use a 529 education account for tax-FREE growth for current and future kids. 5. convert your IRA deposits into long-term tax-FREE retirement income each year as you go. 6. start a side business to deduct some of your expenses that will not be deductible with the new standard deduction of $12,000 and $24,000 for joint filers and the loss of deductions for state and property taxes. (NJ property owners may use charity instead.) Since our higher tax brackets return in 2026, it may take us another generation to pay off the $2.4 Trillion extra bonus Trump gave to his wealthy friends.

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

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

Make “The Don” Great Again

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

(A movie is the only way to understand how Putin got Trump elected)

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

Bannon admits the Trump-Russian meeting was “treasonous”

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

Jr didn’t. ‘collusion;’ … or treason!

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

Mueller indicts 14 more conspirators for illegally helping Trump win election

Putin’s influence: Manafort, Flynn, Gates, Page, Stone, Papadopoulos, Sater, Zwaan

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

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

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

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

GOP House will never impeach their ‘Savior’

The Path to Dictatorship

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

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

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

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

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

Mueller prosecuted Gotti too and won

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

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

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

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

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

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

Trump creates religionists agency to justify discrimination

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

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

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

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

GOP suppresses vote: can voters make America normal again?

GOP uses unconstitutional gerrymandering to get elected. Supremes agree

Trump rated worst president we ever had; Obama #8

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

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

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

Anyone who did NOT clap for my speech is a traitor

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

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

“He’s lost his mind”

How Govt wastes our money: Naked politics at work

GA law gives Delta a tax advantage others don’t receive and NRA controls GA lawyers

Some states want teachers to kill students; no states are FOR assault rifle ban. NRA win!

            FL will train teachers to kill students/intruders

Congress stopped making laws for us when our ‘reps’ could receive unlimited money.

GOP allows Trump staff to refuse questions: Don’t you go to jail for refusing?

Trump’s Housing Ben Carson buying a dining room set with our tax money. Caught!

$4 BILLION for Trump’s Air Force One. He just bought new refrigerator for $24 million

SCAMS:

Did Trump’s “listening group” really suggest giving teachers a gun to kill AR 15s?

            Arming teachers was not even recommended by police—NRA idea to sell guns.

Citibank owes you refund: claims its bankers can’t calc interest on cards correctly

Trump soliciting donations using Parkland shooting as his excuse to ask for money.

Trump killed GOP party—no GOP principles left. Rule of law and democratic way dead?

            Most Americans think The Dom is a racist. 57%; 85% of Dems

"The Faith of Donald J. Trump: A Spiritual Biography." Really? By his religionists. Oh

Bitcoin scam: pizza cost $67 if you can find some place to take it. Bitcoin accepted.

Jobs:

Those who keep working may live longer or not, studies unclear.

Who owns your account now?

Moving your bank accounts for NO-fee services:

https://www.bankrate.com/banking/checking/credit-unions-neobanks-help-millennials-skip-banking-fees

Miracle:

Will Miami flood if North Pole stays above freezing longer each year?

Aaron Feis gave his life so that others might live.

Can we prevent school children’s deaths? Let hunters kill innocent animals instead.

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

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