Your 401k
investments grow TWICE as fast without an advisor
Since there
is no proof that an advisor can beat the S&P 500 over time, you are
more likely to reach your retirement target without the dead weight of an
advisor. Despite what you may hear, a low-cost index
account can provide you with 11% per year average returns. That means you
can DOUBLE your money every 7 years by not trading, no market timing, neither
stock-picking nor advisor fees. You want to use the ‘mediocre’ returns of the
stock market because you obtain the Miracle of Compounding by holding an index
fund steadily over the years. It may not sound ‘sexy’, but it works. The most successful
investor, Warren
Buffett proved it with his $1 million bet against a hedge fund guru. The Vanguard
500 Index has returned 11% since 1976 and has made many an independent
investor a multimillionaire. Since the fees and charges going to your
employer/advisor from your 401k contributions can hurt you over time, you may
be better off in your independent IRA or Roth IRA account holding the 500 Index.
Make your goals: https://www.amazon.com/Robbing-You-Blind-401k-fees/dp/1493588966
Why do some investors
buy and hold a low-cost stock index funds?
Some of my readers
say it is because they are convinced their money
DOUBLES every 7 years. They avoid paying for advice that most studies say does
NOT help their fund’s growth. They don’t need advice to earn enough for a
comfortable retirement income. Let’s see what they mean: according to the annual S&P 500
Index rates, a $3,000 investment for 7 years ending 2022 using the
inflation-adjusted Compound Annual Growth Rate would provide $7,365—More than
double! For 35 years, the total earnings would be $112,497—meeting their goal
for retirement funds on just $3,000. Of course many invested $3,000 every year while working, so they
will end up with much more.
DOUBLE your money: https://www.amazon.com/Money-Ball-Investing-Winning-unfair/dp/1548831409/
What will you do if
the market corrects 10-15%?
Some of my readers
hold stocks as the majority of their portfolios for life even in retirement. I asked them the question above:
What will you do if the market corrects 10-15%? The majority has seen
corrections before and says they will not dump their stocks/stock funds. They
claim that selling AFTER the correction just puts them in a loss position and
then they must decide when and where to re-invest. Since this market-timing
mistake usually leaves most with a permanent loss, they have made it a rule NOT
to sell if there is a correction. What will you do? Facts: miss top 10 days
and lose HALF your earnings; miss top 20 days and lose ¾ your earnings. Since
it is difficult to make good decisions twice—sell and buy back—few money
managers have done it successfully. A few have done it for short periods and
won. However, my readers say that even if they have to give up some of the 2023
14% YTD market gains, they feel better than carrying the anxiety of guessing ‘right’
twice.
Stay
the course: https://www.amazon.com/Warren-Buffetts-Investment-Strategy-Forget/dp/1484822900/r
Is an annuity right
for you?
An immediate annuity pays a monthly (periodic) amount starting now and can
provide income for the rest of your life. Insurers set the premium (cost) based
upon ½ of the owners dying by about age 84. You give up your contributions even
if you have not used them all. The deferred annuity lets you start at a later
date, paying a small interest amount until then. Some deferred annuities provide
another tax-deferred vehicle if you ‘max out’ your 401k or IRA. Both provide a
guaranteed income for life. Both can offer fixed interest growth—no market
risk. For extra premium you can buy a guaranteed death benefit. You can pay
more for a long-term health care rider. The only problem with all these
benefits is that they can burn through a good chunk of your policy account. If
you are earning 4-5%
on your annuity balance and the costs total 6-8%, you can end up having to add
more premiums after inflation has doubled your expenses over 15-20 years. A
recent survey shows the average
and median (half) retirement incomes are low. Most of us will have trouble
living on the income amounts paid by the annuities. Many contracts can unilaterally
limit the benefits each year at the discretion of the insurer. There are
better ways to receive all of the annuity benefits at much lower cost and the
protection of higher earnings that overcome inflation long term.
https://www.amazon.com/Not-Buy-That-Annuity-Guaranteed/dp/1466494573/
It is easy to
diversify your investments
Diversity is
important for obvious reasons. Even though some gurus can ‘bet the ranch’ on a
small number of stocks, ‘super’ growth only last a short time. Like everything
the economy changes. Unless you are radically successful like Warren Buffett,
you can’t afford to loose half your investment dollars on one collapse. It is
true that Buffett bets a lot on a few
names over time—Coke, American Express, Procter & Gamble —he also owns
many insurance companies
that provide Berkshire with $ millions in reserves to invest. He recently
bought Kraft and the railroad BNSF.
Diversity over time:
https://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X/
Why is patience
another key to successful investing?
Investing is not
gambling. When you invest you are buying the securities of actual business
firms. Business takes time to make a profit and expand to more customers. Thus
when Apple sells more phones, it takes time and money to make, market and sell
them. Business people understand this better then anyone else and so typically
they are patient in their investing patterns. You may read about a new
invention producing immediate $ millions for the inventor, new investors and
company executives, but that event is not the normal way most investors make
money. As Warren
Buffett concluded: "The stock market is a device for transferring
money from the IMPATIENT to the PATIENT." Some of my readers have become
multimillionaires simply by being patient with their contributions of $250 a
month to their low-cost 401k, IRA or Roth IRA. The Miracle of Compounding only
works if we leave our investments alone. Proof: Fidelity
found that the most successful customer accounts were those that were
forgotten or those owned by a dead person.
Let the Miracle work
for you: https://www.amazon.com/Miracle-Compounding-Turn-day-into/dp/1470176513
********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
Billionaires
paid $881 million for votes in 2022
midterm elections
Nov 2020 Wealthy
discredit election process
Jan
6 2021 Direct
govt overthrow failed: guns
& bombs ready
Trump
engaged in a "criminal
conspiracy" to stop Biden
“I
don’t f—ing care that they have weapons”
Trump was “detached
from reality”
Trump
used mafia-style intimidation on the defenseless
Trump still terrorizing
election woman
Parscale: “a
sitting president asking for civil war.”
Trump:
“Just
say the election was corrupt and leave the rest to me”
GOP fascism: “RINO
hunt armed; no bagging 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
Apr 9 Illustrated
Anne Frank book removed by Florida school
Apr 21 Trump: “I
am your justice”
May 9 Trump
guilty of sexual abuse
Jun 8 Trump
indicted by the United States of America
Violation
of the Espionage Act
Conspiracy to obstruct
justice
Making false
statements
Conspiracy to defraud the
Conspiracy to obstruct
Congressional proceeding
Obstruction of and attempt
to obstruct an official proceeding
Conspiracy against right to
vote
Attempted coup
d'état by
any other name
Trump and His Gang Get the Mob Treatment
Aug 4 “IF
YOU GO AFTER ME, I’M COMING AFTER YOU!”
VIOLATION OF THE GEORGIA RICO
(RACKETEER INFLUENCED AND CORRUPT ORGANIZATIONS) ACT SOLICITATION OF VIOLATION
OF OATH BY PUBLIC OFFICER.
FALSE STATEMENTS AND WRITINGS
FALSE STATEMENTS AND WRITINGS
SOLICITATION OF VIOLATION OF
OATH BY PUBLIC OFFICER
SOLICITATION OF VIOLATION OF
OATH BY PUBLIC OFFICER
FALSE STATEMENTS AND WRITINGS
IMPERSONATING PUBLIC OFFICER
CONSPIRACY TO COMMIT
INIPERSONATIN PUBLIC OFFICER
FORGERY IN THE FIRST DEGREE
CONSPIRACY TO COMMIT FORGERY 1N THE FIRST
DEGREE
FALSE STATEMENTS AND WRITINGS
CONSPIRACY TO COMMIT
FALSE STATEMENTS AND WRITINGS
ATTEMPT TO COMMIT FALSE
DOCUMENTS
CONSPIRACY TO COMMIT FALSE
DOCUMENTS
FORGERY IN THE FIRST DEGREE
CONSPIRACY TO COMMIT FORGERY
THE FIRST DEGREE
FALSE STATEMENTS AND WRITINGS
CONSPIRACY TO COMMIT FALSE
STATEMENTS AND WRITINGS
CRIMINAL ATTEMPT TO COMMIT
INFLUENCING WITNESSES
CRIMINAL ATTEMPT TO COMMIT
INFLUENCUYG WITNESSES
CRIMINAL ATTEMPT TO COMMIT
FALSE STATEMENTS AND
SOLICITATION OF VIOLATION OF
OATH BY PUBLIC OFFICER
FALSE STATENIENTS AND
WRITINGS
FALSE STATEMENTS AND WRITINGS
FALSE STATEMENTS AND
WRITINGS
FILING FALSE DOCUMENTS
SOLICITATION OF VIOLATION OF
OATH BY PUBLIC OFFICER
FALSE STATEMENTS AND
WRITINGS
CONSPIRACY TO COMMIT
SOLICITATION OF FALSE STATEMENTS AND WRITINGS
INFLUENCING WITNESSES
CONSPIRACY TO COMMIT ELECTION FRAUD
CONSPIRACY TO COMMIT
ELECTION FRAUD
CONSPIRACY TO COMMIT
COMPUTER THEFT
CONSPIRACY TO COMMIT
COMPUTER TRESPASS
CONSPIRACY TO COMMIT
COMPUTER INVASION OF PRIVACY
CONSPIRACY TO DEFRAUD THE
STATE
SOLICITATION OF VIOLATION OF
OATH BY PUBLIC OFFICER
FALSE STATEMENTS AND
WRITINGS
FALSE STATEMENTS AND WRITINGS
PERJURY
Jan 2025 Dictator
pardons himself: his Supremes agree
How Govt wastes our money:
Closure
child care programs: force parents out of work, disruptions for businesses
schools
are building housing where teachers can’t afford housing: SF, Austin
6.5
million students chronically absent during the recent return to in-person
instruction
The Ins And Outs Of
The ‘1035 Exchange’: rich pay no
tax on property transfers
NASA
wastes $10 Billion Mars Sample Return mission: could find healthy life here
NASA
wastes $7.35 Billion on10-Year Lunar Architecture: but brains
fade in space
SCAMS/SPINS:
Robot war underway: Kyiv drone strikes
AR warned high
schools not
to offer advanced placement on African American history.
DeSantis
forces Climate-Denial Videos on school kids: dangerous
propaganda
Distorted
teachings used in FL’s elementary, middle, and high schools: political
Right
The first public school teacher in
IN prohibits
teachers calling students by their preferred name: anti-gay bill broadened
GOP
mobsters: DeSantis’s
‘slitting throats’; Trump’s ‘If
you go after me, I'm coming after you’
Trump’s
mob wants blood: Grand jurors in Georgia Trump case face threats,
racist attacks
DeSantis
pays $95K to ‘nonprofit’ evangelical group which holds presidential
candidate forum.
FL almost
7,000
teaching positions and more than 5,000 support staff positions vacant: few
teach
Trump
vs mobster law:
6
Recall 42 models of Chinese
dehumidifiers
sold under five brand names: fires
Recall: Toll
House "break and bake" chocolate chip cookie dough: wood chips
Recall: 168K 2022
and 2023 Tundra
and Tundra Hybrid trucks: plastic fuel tube fire
Doctors have to pay
fees to insurers to get paid: smaller
practices going under or sold
Financial advisors
taking over 401k retirement benefits will cost
more than your 401k
Scammer claims bank
employee seeing fake card charges: couple
gives codes; loses 22K
Freedom
Mortgage caught: illegal
incentives to real estate brokers and agents: fine no jail
Burglar
Reveals 15 Trade Secrets
‘Text With Jesus’: AI
experiment shows how actual election may fail
Shoddy AI guidebooks,
deceptive reviews, flood Amazon: brand names best
Religious Crusaders
Fighting for Abortion Rights: abortion
access part of their faith
Jobs
Full-time drivers will earn close to $170,000
in annual pay and benefits
Which
14 Major Employers That Offer Part-Time
Jobs With Great Benefits
Who owns your account now?
96% of retirees make
this mistake when claiming
Social Security benefits
Lack of estate
planning leads
to family feuds
Buy sign: rise in homes going into
foreclosure: take over low-rate mortgage?
12 Electric and
Hybrid Vehicles That Get a $7,500
Tax Credit
Tactics To Raise
Your Credit Score
Insureds love to
list lightning as the cause of loss (no payment) when it isn't: check it
Certain acid reflux
drugs linked to higher
dementia risk
More you walk, the
lower your risk of death, even if you walk fewer than 5,000
steps
Only 9%
folks ate recommended amount vegetables; 12% ate recommended of fruit
Five steps for vetting a news source:
AI makes finding facts more difficult
Miracles:
Human-contribution
to heat
kills hundreds of cows in
Is
there a fifth force of nature: electromagnetic, 2 nuclear, gravity/dark
matter
Targeted cancer therapy
soon available to certain patients advanced pancreatic cancer
Woodstock
photos: Aug. 15, 1969 a pivotal moment in popular music history.
Sound waves
destroy tumors; keeps cancer from coming back
Scientists have
invented a paint
that could replace air conditioning and heating
@
Our Universe is Mind-Blowing
Light is both
a particle and a wave depending on how we look at the light.
I
don’t think that there is any such thing as a position or a velocity of a
particle.
Everything (galaxies
to stones) in universe made of subatomic
energy ‘vibrations’
A subatomic ‘particle’
is the smallest possible vibration (quantum) of a quantum field.
A ‘particle’ is an event;
not an objective thing. This event is set of complex relationships.
Mass–energy
equivalence: E=mc^2. At the smallest
level; Everything is moving
Energy into matter: scientists
converted light energy directly into matter in one step
In place of atomic
lattice, light
waves used to create an optical lattice with same geometry
Physics Nobel Prize:
“entanglement” 2
particles share info instantly at a distance
Quantum
mechanics violates local realism: two objects behave as single system at
distance
“It may be that gravity and quantum mechanics are
exactly the same thing,” Leonard Susskind
Gravity
might induce the collapse of quantum vibrations into 1 quantum state—our
world
Strange state
of physics that allows energy
to flow frictionlessly through a material.
Bending light from
extreme gravity reveals largest black hole
so far
Curved
SpaceTime: heavy masses and simultaneously quantum effects become visible
There is no TIME at this
level because of force fields come and go in all directions.
Universe expanding: events
may not come together like they did before: created our time.
Our planetary
system: rarest
system: only 1% of all systems with same number of planets
Stars fueled by the self-annihilation
of dark matter might have been spotted for the first time by JWST
Inside protons,
neutrons, it
is the fields of the virtual particles that creates its mass.
Gold
made from neutron stars: collisions produce more neutrons:79 protons,118 neutrons
The proton
is so complicated science still finds new energy entities/forces every
year.
“Empty space is a
boiling, bubbling brew of virtual
particles that pop in and out of existence in a time scale so short that you
can’t even measure them.” Space expanding.
New method to study systems
with long-range interactions: previously puzzling experts
The electricity we use comes
from the field around the wire not from electron itself.
Scientists
build 'baby' wormhole as sci-fi moves closer to fact: inside quantum
computer
starts-with-a-bang/universe-expansion-not-accelerating/
Physicists knew black
holes eventually disappear particle by particle. Now they think everything
else does, too.
Astronomers
discover raw
materials for life are present all across the Universe: methyl cation
@
We can apply for
Medicare online: https://blog.ssa.gov/apply-for-medicare-online
We can apply for Social
Security online: https://www.ssa.gov/benefits/retirement/
We can apply for
health care online: https://www.healthcare.gov/
IAN
973.746.2014
http://www.theinsidersguides.com/
Alerts available at http://dankeppel.blogspot.com/ No AI used in these comments
