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/

 

 

Employer quit matching your 401k?

Employer quit matching your 401k?

OK. Now you have to decide whether you will continue the contribution rate when they did match. Stocks are a bargain so they will compound faster over time. This is a time when it counts more that before the virus recession because stocks are on sale—average 20% off. Your best option is a tax-deferred IRA. You can open one anywhere but the larger fund companies have the lowest cost—0.04%. Your individual IRA acts like a 40lk: reduce income now. You can have the trustee take up to $6,000 from your checking account automatically. You control the amount and the costs as the market swings back to its growth mode. You will automatically gain 20% and as time passes; your compound interest will supercharge the growth. Over the next 25 years, your monthly contributions of $250 could become $400,000. And because you use a low-cost market fund, you avoid giving up 63% of your total potential accumulations.

IRA cost over 401k fees: https://www.amazon.com/Robbing-You-Blind-401k-fees/dp/1493588966

Congress people benefit from advance on virus recession

GA GOP Kelly Loeffler said she wouldn’t do anything different despite her moves looking like insider trading based on the virus recession of 2020. Her stock sales show they add up to $1.8 million profit on the C-19 market fall. The stocks sold have lost a 1/3 of their value, meaning the couple avoided taking a big hit on them. Under Trump’s new rules, they may end up paying no capital gains on their jackpot. Her husband Jeffrey Sprecher is a regular gambler in the markets. Other insider-trading kingpins include Sen. Richard Burr (R-N.C.) who claimed his winnings by selling $1.7 million in stocks just in time, while assuring the public that the U.S. was well positioned to withstand a pandemic. As the head of the intelligence committee, Burr has access to the government’s most highly classified information about threats to America’s security. His committee was receiving daily coronavirus briefings around this time, according to a Reuters story. There are many more Congress people engaged in illegal (for us) trading. Only one was caught and he gets home time not jail time. As you can imagine they are not held accountable since they write the exceptions to the laws.

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

Suggestion list: What to do with your $1200

Hold on to it for essentials as the future is unknown. If you must have cash to buy an essential down the line, you have it. Doctors, landlords, lenders, utilities can wait—they have reserves and access to federal lending programs we don’t have. Many states are making evictions and shutoffs illegal. If you have been laid off, explore your health care options. Trump says he will pay hospitals for C-19 care but what if you break a leg running your part-time business or fighting to get into the grocery store. Use some of your money to start/expand a hobby. People need something to do at home so offer your hobby/book/toys/etc over Amazon eBay, Craigslist, Facebook Marketplace, etc sales process. You may be allowed a tag sale in your front yard as long as you have 6 feet lines on ground. Better yet use Craig list. I sold an attic house fan that way once. Never take anything on the internet for truth without verify first. I go to 3 other sources before I click. My garden center sent me an email offer with link to see details. I emailed them directly and they confirmed it was a scam/phishing from theft of their email list. Explore your situation. Ask your employer for help: vacation pay; forward sick time, etc. Ask your vendor for a couple of months wait in writing.

Gov resources to help deal with virus recession:

VIDEO: CARES Act Mortgage Forbearance: What You Need to Know

Guide to coronavirus mortgage relief options

What you need to know about student loans and the coronavirus pandemic

Beware of scams related to the coronavirus

Online and mobile banking tips for beginners

Is your income down in 2020?

You are only working half the hours? Is your stimulus check paying for essentials and that is all the income you expect this year? If you expect to have less income this year, you can increase your take home pay by telling your employer to reduce the fed and state amounts for withholding for the rest of the year. Use IRS form W-4 https://www.irs.gov/pub/irs-pdf/fw4.pdf to compute your withholding amount. Ask your employer to help you figure out the form since it was made more complicated last year. Even if you don’t have enough taken out this year, you will not be penalized next year since the penalty does not begin until you owe over $1,000. You need the money more than the government since they can print it and you can’t.

Save on financials: https://www.amazon.com/Financial-Bargain-Book-Save-3000/dp/1517264936

And you wonder why your fees are so high?

Goldman Sachs CEO David Solomon, after giving himself a raise in 2019 to $27.5 million, decided to buy two (2) Gulfstreams for $75 million each. A spokeswoman for Goldman said the purchase of the planes would save it money. Right, Father Christmas! Solomon will be at the Fed window taking the forgivable federal loans. The program was for critical aid to small businesses, including some advisors, who need the assistance to stay in business during the COVID-19 crisis. Treasury Secretary Steve Mnuchin told Fox Business that the loans should be able to cover about 50% of the private workforce. Goldman could have covered their workers but Solomon already spent the firm’s money. You could switch your accounts to low-cost Vanguard as many others are doing: $48.5 billion--more than four times its nearest competitor, BlackRock. Tell David NO.

Stop helping rich get richer: https://www.amazon.com/Millionaire-Mutual-Funds-Save-FEES-taxes/dp/1534939490

Do any of the virus bailout firms pay income taxes?

Boeing hasn’t paid taxes in years. They get guaranteed loans every year from ExIm bank. Recently they got $64 Billion from us. They got $13 Billion from state/local subsidies on top of the federal subsidies. Our taxes are still paying off these gifts. Other top welfare state firms include Nike, GM, Fiat, Ford, etc. Cruise lines don’t pay. Trump’s various businesses don’t pay. He personally deducted almost $1 Billion in losses which were carried forward for years. Rich people don’t pay taxes since they claim their income is from outside America. Yet they take most of the bailout money we will be paying off for the next 100 years. The real wealth is held by private equity owners and they don’t pay.

Most firms pay NO taxes: https://www.amazon.com/Most-U-S-Corporations-Pay-NO-Taxes/dp/1514274116

Most of us know we need financial planning but …

A study shows most of us trust ourselves—not advisors—for financial advice. We are smart enough to realize advisors are in it for the money. They want to be rich, not right. Since advisors can’t be right all the time about falling markets and when and where to invest, we take our own advice. So are we all currently in a panic? Most of us are happy to have a job. We are not gamblers. So who is causing these daily swings? So called Wall Street gurus—money managers who earn in the $ millions from our fees, want to richer so they must trade every minute. They try to escape a falling market so they can ride the ‘upside.’ However, as Bogle, Buffett and other students of success have taught, there is only investing over time and gambling. It is the gamblers who create the volatility. Some win their bets and others lose; just as it has been for all time.

https://www.amazon.com/Buffett-Bogle-Holy-Bible-Investment/dp/1523693045

Why file your taxes by April 15?

If you have refund, waiting gets you nothing. Could the IRS run out of money? Could gov computers make a mistake after April 15 because they did not get the email about extension to July 15? Is it possible there will be big delays since all the IRS and check printers are out of the office now in virus lockout? Just to avoid all the bad stuff, file now. Check your state for deadline. The federal and state filing can cost you nothing at https://apps.irs.gov/app/freeFile/. Another site has no cost or restrictions: https://www.creditkarma.com/tax. And remember you can usually reduce income and thus tax by making a deductible contribution to your IRA. File now for refund: 90 day interest-free extension if you owe. https://www.irs.gov/pub/irs-drop/n-20-18.pdf

Filed already: refund status: https://sa.www4.irs.gov/irfof/lang/en/irfofgetstatus.jsp

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

Like 1776, this period is a test of democracy—do we really want ‘low-IQ’ Mobster?

Mobster son: the “federal” Strategic National Stockpile is “our stockpile,” His buildings 

NYC has to go to China for ventilators: Jared says federal ones are for “our stockpile”

Mobster has seized supply for his stockpile: gov stockpiles sitting in hidden warehouses

Genius Mobster decided: 'There will be a lot of death'

I still want football to start on time.

Real doctors don’t agree with Mob Boss prescribing malaria drug for all. $ Sanofi $

Mobster fires more watchdog inspector generals: he is “the only one that matters.”

Mob Boss fires the person responsible for stopping the bailout cheats

Trump Hotels Do Appear to Qualify for Coronavirus Bailout Benefits.

I could shoot someone or cancel Nov elections and not be accountable

How Govt wastes our money: Congress spends another 3.7 Trillion we don’t have! 

10 M Job lost: Trump refuses to open ACA application process: death by bills: 1000 cuts

Oil company execs tell Trump: more bailout money since profits sink in oil glut.

Now you see them now you don’t: Gov hording masks or theft for resale to Red states

Congress on vacation during emergency: I’m laid off and can’t get health insurance

Congress could be writing law to fix 47,000 bridges about to collapse in every state.

Not a good Friday: GOP DEMs fight over helping states, hospitals, small biz. Politics

SCAMS/SPINS:

Testing sites may be scam: $250 for test may actually give you virus. Fake Medicaid claims. Jail?

Trump: cruise ships unload in FL: passengers fly home without testing/isolation: carriers?

Cardinal Health again involved in medical equipment failures: 60 Minutes caught them in 2016.

Immunity-boosting drugs are fake: only promoters healthier even QB Tom Brady sells snake-oil.

TX stayAThome except church, gun show, groceries, work, liquor, other ‘essentials’.

Twitter shuts 20,000 propaganda accounts: Maybe using twitter isn’t such a great idea

Trump GOP stifle accessible Nov 3 election; no easy voting. Dems outnumber GOP Fact

KY GOP outlaw DEMs vote: GOP to keep McConnell—but no history of ID fraud

WI Supremes bias for WI GOP: have election when DEMs are sick with C-19: Lines!

Gov lets robocallers scam us for another year: Ban signed last Jan has no enforcement.

Diets (except Med) benefits largely disappeared after 12 months. Lesser amounts works

Williams-Sonoma caught for deceptive ‘made in the USA’ claims fine $1 mil no jail

Which tweets are real: https://newslit.org/educators/sift/the-sift-conspiracy-outbreak-peril

Conservatives will do anything to stop abortions being available. And fair elections.

Fox’s Carlson admits: “When journalists work with numbers, there sometimes is an agenda.” Dead at home

‘Christian’ college sets arrest warrants for journalists who criticized it for reopening

China massive “wet markets” that sell live & dead animals for consumption reopen

Don’t listen to the Mobster’s lawyer Barr: you can get virus again: lawyers aren’t doctors

Jobs

Navy fires the truth-teller: whistleblower may have saved lives getting response quickly

Sailors do not need to die. If we do not act now we are failing to properly take care of our most trusted asset: our sailors

It is not smart to call a carrier commander ‘stupid’: His life is on the line not yours, Tom.

Funeral’s view of the future: think about it

Your self-employment business may qualify for forgivable loans too.

Lakers asking top execs to defer 20% of pay to avert layoffs: Every firm must follow lead

Boeing dumps 7,000 workers in SC plant after receiving $17 Billion from taxpayers

Apply small biz loan: https://www.mymoneyblog.com/bank-of-america-ppp-required-documentation.html

United Health to pay doctors/hospitals now, not normal 30 days: providers can focus on delivering needed care,”

Who owns your account now?

RMD from your account has been waived for 2020: no recoveries if already taken.

Insurers resist business-interruption coverage claims: loss due to virus excluded in some policies  

Student loan suspended payments and reducing interest to 0% through Sept. 30, 2020.

Get virus payment even if you don’t file: https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here

Miracle:

Blood donors may save us: they survived C-19 and their blood may have answers

New drug may stop virus from duplicating: tests show possible antivirus pill

Why keeping your distance works: family wipeouts: 15 people infected 3 die 1 carrier

Truly the gods have blessed us: one man to ‘solve’ our problems arises from buildings.

Airlines forced to refund: CEOs can afford to take cut in pay.

GEICO, Allstate & American Family give back premium since no one is driving.

Court gets child abuser Cardinal out of jail: he wants ‘victim to suffer no more.’ Duh

My favorite: https://www.wizardingworld.com/collections/harry-potter-at-home

Church becomes hospital not virus-spreading center: pray like Jesus—alone.

DEMs all in for Joe but Cuomo looks stronger: virtual election loses HALF DEMs

Finally the city that never sleeps slept.  https://www.newyorker.com/culture/video-dept/new-york-citys-empty-streets

IAN

41 Watchung Plaza, B242

Montclair, NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts

JPMorgan counting on us buyandhold investors to save them

Turn off your RMD auto-distribution: don’t sell shares now

Those of us with automatic RMD distributions may want to suspend this service temporarily. We have until December 31 each year (unless this is your 1^st year) to take the amount required from qualified accounts in order to pay tax on the gains. Taking your RMD at the bottom of the market will cost you more precious shares than previous years. Don’t LOCK-IN your losses! I put an alarm in my cell to tell me to switch RMD distributions back on in July, Aug, Sept, Oct, Nov or December just in case I forget. We must take our full calculated RMD by December 31. Our past schedule is void. Hopefully the market will regain some of its 25% losses by then. You can do this on Vanguard’s account summary page with the link in right column:
“Required minimum distribution”

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

It took 4 years for the stock market index to recover from 2008 lows

Depending on your portfolio profile, it will take time to recover from this stock market correction. If you use the stock market as your checking or savings account, you will suffer when you sell. If however, you are a long-term investor, just turn your head from the daily gyrations and BUY like Buffett. Last year the stock market gained 31%. The long-term average is still 11%. If you pay your advisor 2% you will have to wait a longer time. If you think of your money in terms of short- and long-term reserves, this correction has no impact on your ultimate goals. John Bogle, founder of Vanguard, said that you can control what you pay for advice not control the market. Giving away 2% of your long-term money will decrease your final accumulation by up to 63%. “Over a 50-year investing lifetime, that little 2 percent fee will erode 63 percent of what you would have had. As Bogle puts it, “the tyranny of compounding costs” is overwhelming.”

Let the ‘Bs’ guide you: https://www.amazon.com/Buffett-Bogle-Holy-Bible-Investment-advice/dp/1523693045

Why market timing does NOT work

JPMorgan found that the 40 best days accounted for more than the entire S&P 500 return from 1993–2013. If you miss the best days trying to time the best exit and enter days, you end up with returns just above the inflation rate: 3.79%. Buffett says: “The stock market is a device for transferring money from the impatient to the patient.” We need patience while it is going up and going down. “A very low-cost index is going to beat a majority of the amateur-managed money or professionally-managed money.” Why? Because no professional has beaten the market return over time. They say they have but they picked two of their lucky days to market their hype. Research: from 1871–2016, the 5 most positive monthly returns in S&P 500 history came in the 1930s as the U.S. came OUT of the Great Depression.  Time to BUY: smart money moves to Vanguard.

Stay invested to win: https://www.amazon.com/You-Beat-Wall-Street-professionals/dp/1986031373

JPMorgan counting on us buyandhold investors to save them

Speculators who send stocks down by selling to avoid the lows in a panic like the current one are counting on us long-term investors to bail them out according to JPMorgan. Strategists at the bank reckon there’s a good chance that buy-and-hold managers like pension funds, insurers, sovereign wealth funds and the like are ready to stabilize markets with stock buying in order to rebalance their portfolios away from bonds. Stocks have fallen so much that many institutions will be forced to sell bonds to rebalance their holdings. Some analysts say that rebalancing is not necessary since stocks and bonds eventually rebound to their original ratios in the long term. Rebalancing is actually selling winners before their time. It is a form of market timing. Tortoise not hare wins.

https://www.amazon.com/Dont-Re-balance-Your-Portfolio-Research/dp/1508802386

How teacher 403b plan advisors get paid

Teachers may be losing HALF their potential retirement funds to advisors and plan sponsors. Some 403b plans are actually annuities with excessive fees—2.5% a year plus recordkeeping fees, maintenance fees and contract fees. You might be contributing a great amount of your salary every year—$4,400 a year—but plans are taking $2,000. If you invested in stocks and your account grew to $500,000 by age 66, you would be paying over $12,000 a year for few services. Services would be in the form of a telephone service center, not a live advisor. Even though your school organization is charged by law to provide fiduciary duty (best options for you), they contract it out to an insurer or other “third party.” There are so many ‘mouths’ to feed that you are left with the crumbs. 401k plans at larger organizations are now repaying their workers after many years of overcharging for retirement fund services. Your teacher union may have already started action against your 403b plan administrator. Robbing you blind.

403b robbery: https://www.amazon.com/Robbing-You-Blind-401k-fees/dp/1493588966

Who got rich from the last bailout?

Your tax dollars are going to make many rich people richer. During the last bailout crisis, even the foreign banks and profitable firms  got money they did not need. None of them said no. This time Boeing, which killed a lot of people from bad management, wants $60 BILLIONS of our money. The whole leisure class industry wants $BILLIONS including The Boss’s hotels, golf resorts, and global properties. Most of those crying for bailouts had large surpluses from huge profits during the last 12-year bull market. They spent it on themselves—buybacks, CEO bonuses, more jets, etc. Remember, many of these firms have paid no taxes for years. Like The Boss, they have used every trick in the book to avoid paying their fair share. An unbiased analysis of this situation would be that America is a socialist country for the rich. We pay subsidies to profitable firms and have been doing so for decades. Subsidies to the elites is what American is all about. Even our Reps use info illegally. Lobbyists tell our Reps what to subsidize in return for election money. Why are we still providing oil, coal and gas subsidies to profitable companies? Trump pays oil/gas companies when the oil/gas market price falls. He promises agribusiness price guarantees and support payments to keep that group voting for him. The national debt has surged from $20 trillion to $23 trillion since Trump started. He promised to pay it all off.

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

File your taxes for free

TurboTax and other for-profit tax prep firms are due to raise prices soon. If you have your documents, use your favorite software now and file your tax now for refund. The payment, if any, can be in July; the filing should not. Rumors confirmed: filing delayed to July 15. Check your state for deadline. The federal and state filing can cost you nothing at https://apps.irs.gov/app/freeFile/. Another site has no cost or restrictions: https://www.creditkarma.com/tax. And remember you can usually reduce income and thus tax by making a deductible contribution to your IRA. File now for refund: 90 day interest-free extension if you owe.

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Save for a long life: https://www.amazon.com/Your-Plan-Live-Age-100/dp/1548180793

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

Like 1776, this period is a test of democracy—do we really want ‘low-IQ’ Mobster?

Mob Boss: “I don’t take responsibility at all.” ‘I quit’

Mob Boss and his lieutenants have not been tested since it is a hoax

Mobster’s mob will test everyone else but the Boss and VP

Mobster: “The markets are going to be just fine, just fine.”

Mobster’s hotels/clubs get $650/night/SecretService guards

Mobster to hide bad news on jobs: re-election in view

How Govt wastes our money: Congress spends another 1.7 Trillion we don’t have! 

Opioid lawsuit lawyers to get over $3 BILLION: Prosecutors get vote $. Victims get __?

Anti-robocall law signed but no effect: still 4.7 Billion calls in Jan. Doubled since 2017.

Pelosi passes free screening, unemployment funds, some leave, some food, T cuts food stamps

States told to buy their own corona supplies but Trump out bids them for stockpiling use later.

His ‘Hoax’ proves His Wall is not worth the money: businesses still hire undocumented

Vaccine trials begin but takes a year to know if it works: How virus spreads to each age.

Do you have lobbyist to get you a bailout too? Airlines, casinos, ships, surplus spent ‘18

McConnell’s bailout to his ‘friends and family’: "industries of national importance" Socialism

Congress persons use insider info to sell their stocks before we knew corona pandemic. Felony!

SCAMS/SPINS:

The ‘Hoax’ is NOT going away as predicted: Science can help if The Boss forgets self.

Trump: My Wall will protect US from coronavirus: except sick who already fly here

“Someone else” fired the national security team for pandemics. “Nasty questions?”

Navy hospital ship not available for emergency: being painted.

GOP asking sitting judges to retire so The Boss can install his kind of ‘justice.’

GOP hinders changes in voting measures to block more Dems casting votes.

IRS borrows to cover delay in tax payments and Boeing etc bailouts. We pay interest bill!

Congress gives virus mask makers protection from suits if masks are junk. We lose!

GOP conspiracy Jones pushing his products to treat corona: propaganda of worst kind.

Politicians, foreign and domestic, using pandemic to move public fears!

US leadership reached its bottom with corona: Just propaganda game to them.

You can be murdered in your bed by police: ‘The Public’ reported guns in house!

Gun and ammo sales surge in US with coronavirus fears. ‘Better safe than sorry’?

New hack strategy: I got an email from vendor with link to special document: FAKE

William & Katherine Alverson Healthient caught fraud to shareholders shares $4 mil

Denis Sotnikov FL caught selling $26 million fictitious high-rate CDs.

Christopher McClure CT caught selling bad paper with undisclosed fees

Stephen Peters VisionQuest caught $10 million ponzi loan notes fraud

Banks claim to help victims IF you can find branch that’s open: Still 24% interest charge

Wall Street Pros are panicking for qtr bonus: smart money moves to Vanguard to buy.

Ventilators too expensive for hospitals: we suffer

Avoid Alzheimer’s: study shows curiosity and an aversion to conformity keeps brain fit.

Health care sharing ministries policies cost this person $40,000: Saved by ObamaCare.

Hand sanitizer kills girlfriend in deadly fire.  

911 calls to police for toilet paper: OR police complain of calls—use salt-water sponge!

Corona in 5 days: from exposure to symptoms takes about 5 days on average.

MSC Meraviglia Miami passengers flew home: no one tested before spreading to country

Keep track of all the FAKE virus info: eg: blacks NOT immune to virus; test NOT costly

Kushner and brother CEO Oscar Health directing victims to Oscar’s own facilities.

Evangelicals’ Dead Sea Scrolls are fakes: $ millions spent--faith was not enough. Like Lost Ark

Jobs

An estimated 200,000 nursing positions to go unfilled at hospitals across the country. 

Shortage of priests in time of need

Amazon needs 100,000: corona self-quarantine drives online orders and takeout.

Doctors sleep in basements garages to protect their families. Hospitals full.

Who owns your account now?

REFI time? Fed rate 0% means lenders can earn all you pay on your money! WOW

3 states re-open ObamaCare for needy

Retailers forced to give sick leave: do you go to work sick for pay or lose job?

Miracle:

National Emergency: Are there enough test kits? Where to get tested if symptoms?

Out of blood? The “Hoax” causing shortage: BYOB bring your own? We can’t make it.

60,000 out of 80,000 people have recovered already from the coronavirus: most in 2 wks

CA man provides toilet paper to those in need from those who share: Hoarders note!

All NBA teams get tested but those with symptoms do not get a test: class system?

Vaccine discovery from stem cell research nixed by Pence: fear of election loss too great!

IAN

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