Why are Congress and Fed only going after worker jobs to fight inflation?

 

Many readers’ portfolios have returned to their values as of August 2022

In a poll of my readers I have determined that for us “holding-period-forever” folks there has been little movement in the value of our well-balanced portfolio. Not one of us sold during the market drop of 18% in 2022. So we did not sell in a down market as Warren Buffett has recommended. We sold our losing speculative stocks in order to take advantage of the $3,000 loss deduction for 2022 taxes. We bought similar stocks to avoid a “wash sale” penalty. Those similar stocks have risen 38% and 63% since the beginning of 2023 since they began at a very low base. They may eventually crash and burn but they have not changed the whole portfolio so far. Our balanced portfolio can continue to grow in order to provide us with a steady stream of income, provide tax advantages, and can grow tax-deferred over time. In fact, a portfolio like ours is better than an annuity because our portfolios are in low-cost accumulation accounts that don’t lose benefit values to inflation. Better than an annuity, in that our families can use the legacy during their lives instead of losing it to the insurer. We can continue to receive our increasing RMD each month. Our benefit will not lose ½ its benefit’s value in 25 years due to inflation. If we need cash for an emergency or new home, we can take our principal anytime (no penalty). Annuities are insurer contracts that restrict our money withdrawals. 

“Do Nothing”: https://www.amazon.com/Wealth-Tao-Wu-Wei/dp/1499351348

 

Why are Congress and Fed only going after worker jobs to fight inflation?

Why don’t we use a balanced approach to lowering inflation—everyone shares the suffering? GOP wants to cut the benefits we already paid for and increase defense spending. Why don’t we use both tax increases for the wealthy people who scored big from the Trump tax cuts of 2017 and slashes to the corporate subsidies that add to the super profits of large corporations? We could bar unlimited corporate cash to all Congress people to keep them in office. Ask every gov department to cut spending 10%. Everyone needs a trim from time to time. Allow IRS to capture the tax dollars we know the rich are hiding using sophisticated tax avoidance techniques. Most corporations pay few taxes while the IRS target low-income Black men. It is not fair to target low-wage workers to give up their jobs to lower inflation others caused. How many airplanes can the wealthy buy with their Trump tax cuts? Higher demand for luxury goods causes inflation more than workers getting a 1-2% wage increase. We added 700,000 more millionaires in just one year. The number of wealthy folks increases annually while the number of workers in poverty rose too—inequality gets higher.

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

 

IRS: Why refunds are smaller this year

Due to tax law changes such as the elimination of the Advance Child Tax Credit and no Recovery Rebate Credit this year to claim pandemic-related stimulus payments, many taxpayers may find their refunds somewhat lower this year. To avoid refund delays, IRS encourages taxpayers to file their tax return electronically with direct deposit instead of submitting a paper tax return. Taxpayers may use IRS Free File on IRS.gov, other tax software or a trusted tax professional. Members of the armed forces and qualifying veterans can file their federal tax return and up to three state tax returns for free electronically using MilTax, a Department of Defense program. The IRS cannot issue refunds involving the Earned Income Tax Credit or Additional Child Tax Credit before mid-February. The law provides the extra time to help the IRS prevent fraudulent refunds. Use IRS.gov to get answers to tax questions, check a refund status or pay taxes. Some 2021 tax returns and amended returns are still being processed so check https://www.irs.gov/filing/wheres-my-amended-return. This year, the filing deadline is April 18 for most taxpayers, but automatic six-month extensions of time to file are available for anyone for free. See Extension of Time to File Your Tax Return for instructions. 

https://www.amazon.com/Your-Tax-Haven-Tax-FREE-Americans/dp/1482659441

 

 

 

 

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

 

 

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

 

 

The Path to Dictatorship: 2010-2030

 

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

 

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

Billionaires paid $881 million for votes in 2022 midterm elections

 

Nov 2020 Wealthy discredit election process

 

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

 

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

 

Jan 6 2021 Direct assault failed: guns & bombs ready

 

Trump engaged in a "criminal conspiracy" to stop Biden

 

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

 

Trump was “detached from reality”

 

Trump used mafia-style intimidation on the defenseless

 

Trump still terrorizing election woman

 

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

 

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

 

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

 

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

 

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

 

Fascism: GOP to stop women leaving state for abortion

 

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

 

Trump: President Biden is 'enemy of the state'

 

Christian Nationalist Party (CNP) replaces GOP

 

Nov 8 2022 Trump’s “national revolution” failed

 

Nov 15 2022 Trump announces for 2024 to avoid lawsuits

 

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

 

Jan 2025 Dictator pardons himself: his Supremes agree

 

 

How Govt wastes our money:

Despite GOP call for more defense spending, we can’t afford failure to find balloons

Taxpayers give $20.5 Billion to subsidize oil/gas profits

Taxpayers give $57.3 billion to subsidize farming corporations, including Congress folks

 

How to cheat on your taxes but no guarantee you can avoid them without lawyers

 

 

SCAMS/SPINS:

FL collected menstrual dates/times in high school sports activity: deSantos went too far

WY holds librarians/teachers criminally liable IF student exposed to obscene reading

FL residents to carry a concealed firearm without a permit: only pro gun legislators voted

FL deSantis to cancel ALL AP courses in schools just like Black American studies

 

romance scammers favorite “lures” to make $4,400 per scam

“do me a favor” scammer claims as ‘friend’ they need a gift card and will pay you back

 

Tesla recalling 362,000 cars with Full Self-Driving mode due to crash risk: you could die

 

Nissan recall: Air bag can knock steering wheel emblem loose: hurts driver’s chest

Twitter engineers raced to design system that ensures Musk's posts attract more attention

GrubHub refuses to redeliver ALL the items when they leave out items the first time.

 

Trump helps Saudis and Saudis bail out Trump and Jared bad deals

Trump spent $600,000 for his pollsters to find out again he lost the election

 

Is Putin trying to destroy Ukraine like the Nazis tried to destroy Russian in WWII?

 

Adam Belardino caught embezzlement and defrauding several investors: jail.

Diocese of San Diego may declare bankruptcy from priests sexually abusing children.

GOP to “save” SS Medicare by cutting benefits; redirect IRS funding to SS Medicare

GOP Gaetz allowed to avoid jail for sex-trafficking 17 year old: next Trump avoids jail?

 

TX trying to make ALL follow their religious teachings on health: opposite states’ rights

Trend: 1st infant in Kentucky surrendered anonymously at ‘baby box’: Supremes adopt?

 

Jobs

Babysitting rates rose 9.7% nationally in 2022 — a bit less than the 11% hike in 2021

GOP Haley demands mandatory “mental competency tests” for politicians: GOP crazies?

most-educated-states-in-america/: higher pay, greater opportunities

Fidelity Set to Hire 4,000 as Rival Asset Managers Cut Jobs

10 Fastest-Growing Jobs

 

 

Who owns your account now?

Gov to cap increasing credit card late fees at $8: This would save us $9 billion a year.

Most don’t pay Fed tax on state pandemic/disaster/relief payment: not income

2023-vehicle-dependability-study: Lexus 133 problems; Land rover 273 problems

 

US tells citizens to leave Russia immediately

NJ To Require All-Electric Cars, 100% Clean Energy By 2035

upload more docs to IRS; new online option for 9 notices can help resolve issues faster

 

 

 

Miracles:

Home prices drop 10% in some areas: rent is most (and least) affordable: mortgage fell

Teen gives 16,000 valentines to people who might not otherwise get one

dog was lost for 36 hours. Then it rang an animal shelter’s doorbell.

 

Anxiety breathing the right way: 5 min helps to reduce stress

Babies Are Born with an Innate Number Sense

cancer-test-splash-of-urine/ test can detect prostate/pancreatic cancer with accuracy.

 

Beach Boys (scientifically) makes people happier than any other song

 

 

 

@

 

Our Universe is Mind-Blowing

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

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

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

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

 

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

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

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

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

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

 

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

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

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

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

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

 

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

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

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

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

 

 

 

@

We can apply for Medicare online: https://blog.ssa.gov/apply-for-medicare-online

We can apply for Social Security online: https://www.ssa.gov/benefits/retirement/

We can apply for health care online: https://www.healthcare.gov/

 

IAN

973.746.2014

http://www.theinsidersguides.com/

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

 

Recession talk scare you?

Where to put your money if recession talk scares you?

There is talk of recession since people who claim they know economics get paid to scare us. Since no one knows for sure when and how this event will take place, we are on our own to decide what to do. Some are already running for their money market accounts even with low rates compared with inflation. Clearly stock and bond markets will be unsteady. Our choice, as always, will be decided based on our time horizon. Warren Buffett is looking for bargains at this point. He already had tons of cash. But he isn’t selling his portfolio as if the world will give up on capitalism. Long-term stocks will beat inflation. Our cash and bonds may help us avoid a big plunge in current account values. However, like Buffett, we should hold our long-term investments with a balanced approach. If we need cash in the next year we should have been accumulating it up to now. Many of our members have been buying the balanced fund Wellesley Income for years since it has maintained a return of over 9% since 1970 with low expenses.

No-worry money advisor: https://www.amazon.com/Best-Robo-Advisor-Ultimate-Automatic-Management/dp/1537111957

Elder bankruptcy up

Bankruptcy has increased to 12% from 2% in 1991 for retired persons. Weakened trade unions, stagnated wages and the disappearance of pensions are among the factors that contributed to rising elderly bankruptcy. Many retirees also face rising medical costs as they live longer than expected and Medicare covers a smaller share of their health care needs. What can pre-retirees do? Contrary to what many people think, saving for retirement can help employees boost their ability to pay their student loans, according to a CNBC article. That’s because pretax contributions to traditional retirement plans can help minimize their adjusted gross income. Since the monthly student loan payments are based on AGI, a lower AGI could result in lower payments. “Any time you can put money into your qualified retirement plan at work, it’s always a good thing,” according to an adviser. The most important factor in avoiding a lack of cash later is using the miracle of compounding as early as possible. Compounding can double your money in 7-10 years. Thus doubling your 401k contributions to low-cost stock funds even at age 50 can improve your nest egg three fold. Warren Buffett says compounding made him wealthy.

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

Is your advisor helping you this year?

If you are paying your advisor for money management—1-2% of your TOTAL nest egg—you have a right to ask this question. What is their track record? The market has provided 9% for the last 10 years including -37% in 2008 (2008-2018). So far in 2019, you should have earned over 17% with 11% long term returns. If that ‘professional’ advice you are overpaying for has not been useful, perhaps it is time to switch to Warren Buffett’s strategy. When you need special advice you could pay for it at the CFP’s hourly rate like a lawyer. $750 for 3 hour review of your plan vs $7,500 over 10 years of fees. Otherwise, Buffett recommends low-cost index funds. Morningstar has found that the most important determinant of investment success is the cost.

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

DIY Financial Independence: Freedom Workbook

Put your money to work so you don’t have to.

Use your IRS-approved tax shelter—Pay 0% on asset gains.

Accumulate $250,000, $500,000 even $1,000,000 tax-FREE. You achieve Financial Independence by having enough money to do what you want. When you don't have to rely on work to survive, you are financially independent. Playing it safe won't achieve it. You don't have to be super wealthy to become free of money worries. Financially independent people have one thing in common: they put their money to work so they don't have to. If you don't put your money to work, you will never be free.   'Compound interest' is the name of the process by which money makes money. You don't need to do a thing besides sending $250 to work every month. You earn money every time you buy things. You own part of the businesses. Compounding is what Warren Buffett counts on for success.

“My wealth has come from a combination of living in America, some lucky genes, and

compound interest.”

How much can your money earn for you? It depends on how long it works and where you put it to work. The best strategy is to use your Wealth Reserve to shield your money while it works in places you shop. You can use a special IRS-approved Tax-FREE account to avoid all tax on investment dividends, earnings and interest. You can also avoid the fees and commissions on this account. Your $250 a month investment may grow to $1,000,000 or more and it is all tax FREE. That $3,000 a year for 33 years ($99,000) compounds to $1 million if you put it to work: capitalism.

Put money to work: https://www.amazon.com/DIY-Financial-Independence-Freedom-Workbook/dp/1088908500

Women: Median Retirement Income Is 42% Lower Than For Men

An average working woman earns 21% less than an average working man. While a portion of this earnings gap is caused by different career and lifestyle choices between men and women, gender discrimination still sandbags women’s ability to earn an income and thrive during their working years. The gender earnings gap has implications for women as they age. For example, the average woman qualifies for Social Security benefits 23% lower than the average man. On average, women have life expectancies five years longer than men, requiring higher levels of retirement saving. The report’s authors also found that women face higher retirement health-care costs, needing an average of $140,000 by age 65 to have a 90% chance of covering their health care costs, versus $124,000 for men. Women have less income to accomplish higher retirement income needs than men. So women have a greater need to make their investment dollars grow faster than men. Warren Buffett recommends that we are more successful investors by being patient. Women are more successful investors because they are less likely to engage in rapid asset transactions. Buy and hold is often the best strategy.

https://www.amazon.com/Ensure-Your-Financial-Health-Wealth/dp/1466388293

**********

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

Families torn apart by Trump’s actions sue $ billions from US not Trump. harmed or fondled!

Trump’s 2017 tax break for family recalled in Trump tariffs: we pay $1,000/year in tariff

Trump considers payroll tax cut to boost failing economy: He also claims not failing!

Trump plans capital gains tax cut: why even bother with Congress taxing authority?

Bank lobby killed rule that kept banks from making wagers with our deposits: Bailout II?

Pentagon cancels ‘missile killer’ project: saves US $1.2 Billion

SCAMS/SPINS:

Bundling your car and home insurance may not be as good for you as it is for insurer.

Trump calls El Paso mayor a RINO to his face: Weak dictators insult grieving to face.

NRA tells Trump to forget background checks: blame mental ill as diversion for votes.

Scam to steal your Medicare ID promise screening for cancer: suffer emotional abuse

Trump rallies are full: participants receive overtime pay from employers.

Now he is calling the Jews ‘disloyal’: his concentration camps are built and ready

Trump changes rules to hold immigrant families ‘indefinitely.’ Jail kids over 20 days.

Trump considers cuts to Medicare to trim deficit: Wealthy tax cuts created $1 Trillion

Trump to end your child’s birthright: we have to pay to buy our kid’s citizenship. Insane!

John Tillotson caught impersonating clients to transfer funds to his firm

Scott Strochak Castleberry caught fraud promised insured real estate returns

Sheraton caught letting legionnaires disease grow in water system: killed 1 guest

Insurance firms pay police/prosecutor to convict customers of faking theft/damage.

IRS does not send emails: do not open email from them

Jobs

The war for talent in the independent broker-dealer industry is real: Best get more fees.

CEO pay grown 940% since 1978, while workers’ pay only 12%. CEO’s power not skills

Execs get the raises this year: workers get discretionary bonus for top performers

Boeing hires to start delivery schedule of 737 Max

Goldman Sachs hiring coders to make trades: Program trading is dangerous like last time.

Who owns your account now?

Low cost places to live when you must start a new life on limited budget.

Vaping may cost you a lung: heavy breathing can give high too.

WV finds and returns $1.2 million in life insurance benefits people did not know about.

Why Robo callers can’t be stopped by government or tech or God: Window-dressing deal

Miracle:

Your lucky day: woman survives chute failure 5,000 foot fall—hit trees at 120 MPH

Miracle if Congress bans AR magazines: NOT for hunting; just killing: 41 in 32 seconds

Catholic teaching: the priest’s “racist” dog got black cleaning lady fired. He blames dog?

Trump retweet: Israelis “love him [Trump] like he is the second coming of God.”

IAN

41 Watchung Plaza, B242

Montclair, NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts 

Robo-advisor helps you earn more

Robo-advisor help wealthiest cut fees—earn more

“Our research consistently shows that robo-advisors are becoming increasingly accepted by wealthy investors,” said Spectrem. “To remain competitive, traditional advisors should lead with their unique expertise in establishing a financial plan and emphasize their ability to evaluate and react to world events.” But advisors like MorganStanley want fees from ETF indexes so client fees double—advisor plus index manager. Among the robo-users, almost half were directed to use digital advice by a human financial advisor. Just 13 percent reported using a robo as their primary advisor. While 41 percent of robo-users were self-directed investors, a larger portion, 43 percent, described themselves “event-driven”—likely to seek professional advice for specific needs like saving for retirement or asset allocation. But advisors with fees still can’t foretell the future.

Cut your fees like the wealthy: https://www.amazon.com/Best-Robo-Advisor-Ultimate-Automatic-Management/dp/1537111957

Why do hedge fund investors earn only 3.3%?

After you read this story about hedge fund expenses you will be glad you stick with low-cost index and managed funds. The “masters of the universe” have charged investors for everything under the sun—personal expenses too. Fees start with 2% ongoing plus part of the returns so instead of earning 10-12% like many stock index funds, hedgers get 3.3%. Yes you could have earned more but smart investors are learning that you can’t bank “could have earned.” There may be some social prestige in saying that “________ manages my money” but those who know the real situation know hedgers are really losing money. Opportunity costs are what economists call the real price of hedge fund losses. Smart investors know what they know. Managers cannot beat the market over time. Eventually using borrowed money to increase returns will bite back the returns.

 Choose 11% not 3%: https://www.amazon.com/Earn-11-11-3-69-Investments-choice/dp/1502412187

'It's made in Vietnam!'

At inauguration, supporters are shocked by the maker of red Trump hats. Trump has been trumpeting "buy American and hire American."

Can you take The Don at his word? Is his word as good as his contract?

The Don has made a lot of promises that the GOP Congress may not want to keep. The Don's lieutenants are billionaires who know how to make the financial industry work for their best interests not ours. Half of our “representatives” are millionaires and have never had to find a better-paying job, affordable health care or child day care. We taxpayers provide them with the best health care and child care. They don't need the ObamaCare premium tax credit to afford basic coverage. They have never had to fight their insurer to get a needed procedure. They spend over 50% of their time collecting money from the wealthy who pay for their expenses.

They have never had to be protected from the fee-hungry financial services industry. We taxpayers provide them with the best low-fee ($0.29 per $1000) savings and investment plan in the world—the Thrift Savings Plan. Most have tax-advantaged accounts and overseas tax shelters. They don't need the Obama Fiduciary Rule to make sure the industry does not take up to 63% of their total potential retirement fund in fees.

The Congress wants to cut our Social Security and Medicare/Medicaid assistance. There is no Constitutional mandate to cut benefits if the funds we paid in for 30 or 40 years are not enough to cover the increases in our cost of living. They pay cost overruns for all the other programs all the time. The Congress does not rely on these benefits themselves since we pay Congress even after they leave office. They have millions and still get a pension. The Congress may not provide funds to rebuild our bridges, roads and other infrastructures if they waste it on The Wall. The high-paying jobs that we want back may have been made obsolete by technology.

It's up to us to prosper despite The Don's 'economy' for the rich.

https://www.amazon.com/Dont-Trumped-Dons-economy-strategies/dp/1542615143

Is life insurance on a child’s life right for you?

I get this question all the time because one of the insurance companies seems to have saturated the world with the simple app and brochure. It has a child’s picture with “Grow-Up Plan” message. It says the plan’s coverage doubles to $10,000 during age 18 with no increase in premium. Sounds good BUT what are you really doing? First, very few kids die young and collecting will be the last thing on a parent’s mind. Second, the amount of coverage that you are guaranteeing is tiny and the cash value growth will be miniscule. Third, as an adult, your child can buy a lot more coverage for far less than this plan even if they are in poor health. They could obtain $500,000 for $13 a month not $70 or more it costs for the $350,000 child policy. Actually you can buy better protection for your child by investing the same premium in a stock index fund. The cheapest plan premium of $25 a month could be worth $3.7 million at age 66 not $350,000. You are compounding the insurer’s profit as well as your own savings in a low-cost stock market index. Even if you don’t start right away, you could still assure your child of living insurance: https://www.amazon.com/Tax-Free-Living-2012-strategies-build/dp/1477452702

FREE tax preparation

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

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

This is what happens when you cut taxes for the rich

Trump and GOP want to give themselves another tax cut. But KS tried to grow their economy by giving rich people more money. Guess what? The tax money was not spent creating more jobs. People just left the state just like in Christie’s NJ after he cut tax for millionaires. States cut essential services and child education. Now the tax cuts have to be reinstated but the taxes were increased for these things—gas, cigs and booze. NJ raised gas tax by 23 cents per gallon. The millionaires still left the states because they can. Trump’s new Treasury head says he will use a trick to make the budget look good despite cutting taxes for the wealthy. It is called “dynamic scoring." “We do believe in dynamic scoring and with the appropriate growth," said Steve Mnuchin, the nominee for Treasury secretary. "I think we want to make sure that tax reform doesn't increase the deficit." Bush II’s budget tricks with costs of wars increased debt by 102%--doubled.

Those two sentences actually contradict each other because "dynamic scoring" is just a fancy way of justifying massive increases in the national debt — increases that would result from Trump's plan to spend $500 billion on infrastructure development and war weapons while carrying out dramatic tax cuts. The plan would reduce federal revenues by $9.5 trillion over its first decade before accounting for added interest costs or considering macroeconomic feedback effects.

And don’t expect Trump’s “tax holiday” to create jobs says largest fund BlackRock.

Protect yourself from new taxes: https://www.amazon.com/Tax-Shelter-Americans/dp/1500426520

Is your financial person giving you the best deal?

Whatever title your person uses may be misleading according to the non-profit Consumer Federation of America. It really doesn’t matter which firm they sell for either. The only way to know if they are giving you a good deal is to do your research. Just like buying a car or house, you need information and the internet offers tons of it. Logically, good unbiased info comes from a source that does not profit from you using it. First, no person has the ability to predict how well a stock or the whole market will do in the next year, 5 or 10 years. Second, Warren Buffett has the best track record so far. His holding company has produced over 20% a year (p. 2) since 1965. You could hold the stock of his firm—BRK. His advice is to hold two index funds. Third, he says you must be patient for compounding to work its magic on your money. Fourth, not all index funds are equal, so he suggests two for you. Take the best deal.

Don’t give up 63% of your total possible nest egg to fees: https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592

Why Roth IRAs are the 21^st century savings/investment tool

You put money in and it grows and you never pay tax on the money again. Let’s say you invest the max $5,500 a year from age 21 to age 67. You could have $7.7 million. Let’s say you quit investing at age 31—just $55,000. By age 67, you could have $2.8 million. You could have an extra 25% by avoiding the tax from a regular pension or IRA when you take it out. Or let’s say you have an emergency and need $10,000 to buy a car. There is no tax or penalty even if you are under age 59.5. It is your original contribution. This works for your emergency fund since funds are usually back in your checking in 1 day. Your money keeps growing and you pay no tax every year unlike a regular account. And the Roth beats a 401k unless you have a match from your employer.

You can make investing automatic and painless: https://www.amazon.com/Best-Robo-Advisor-Ultimate-Automatic-Management/dp/1537111957

Vehicles made to go 300,000 miles and save you money

The marketing of vehicles highlights the emotions we feel when driving. Some want speed. Some want luxury. Some want economy. Some want reliability. This last category is hard to sell because it is not very exciting to say my car can go 300,000 miles. But these 10 have proved reliable over time and for those who want to get from here to there without a stop at the dealer or garage these are real deal. No excitement but also no worry about expensive repairs or hanging out at the dealer for hours. Plus, if you can do 300K on one $15,000 expense, you can skip buying 2 or 3 more cars saving $30-$45,000.

Get discounts on coverage too: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

Trump’s budget guy promises to give Trump facts and cut SS benefits

GOP Mick Mulvaney , R-S.C., Budget, defended cuts to popular entitlement programs that Trump vowed to keep intact and emphasized that he would bring a "fact-based approach" to the role. “Fact-based” is NOT what The Don does. So GOP will take the “facts” of our paying for SS and Medicare benefits and cut them with their ideology. There is no Constitution mandate to cut benefits when our expenses outrun our contributions. Congress pays for cost overruns every day for all their weapons and pet projects. We paid $1.7 Billion for the Denver VA hospital that was approved for $328 million. So when the GOP wants to pay their friends and lobbyists for extra costs/profits, they do not hesitate. We have no lobbyists so it is easy for them to cut the benefits we paid for over a lifetime.

Use your FREE legal tax shelter: https://www.amazon.com/Tax-Shelter-Americans/dp/1500426520

We are entering the Twilight Zone:

"There is a fifth dimension beyond that which is known to man. It is a dimension as vast as space and timeless as infinity. It is the middle ground between light and shadow, between science and superstition, and it lies between the pit of man's fears and the summit of his knowledge. It is an area which we call the Twilight Zone." 

Rod Serling

  

THE DON’S 282 PROMISES

Deportation, The Wall, Re-Create Jobs, NO Abortion, No ObamaCare, More Guns, No Muslems, Reprochmont with Russia, Christian nation, Jail Clinton, Kill Terrorists and Family, Torture, Cancel Iran deal, Cancel EU-NATO, Term limits, Replace VA head, Coal Steel Infrastructure, End drug monopolies, Tax imports esp Ford, Grow 6%, Cut Deficit, Separate banking speculation, Cancel Consumer Protection Act, Change libel law, outlaw flag burning, End own biz ties, End endless tweets, Cancel Fiduciary Rule, Wealthy tax break, No tax income <$50K, tax profits sent overseas, Change Washington, Change GOP, Change, Change, It was rigged! … so I would win!

The Trump Presidential Style

Remember, Don Trump is still a contractor from Queens NY, just richer than most. Most of his income is from lending his wealth “brand” to other’s buildings and golf ranges.

Like mafia family, The Don has never had a boss, no corporate board to question his acts!

 “Trust only family” “I'd love to have Jared helping us on deals with other nations and see if we can do peace in the Middle East”

Ivanka met with Japan PM Abe already. Sell more bracelets in Tokyo?

The Don keeps  “friends” (the mob) closer than enemies: banks own his future income and Putin could buy up his markers. We worry about conflicts of interest.

He Worries about old TV ratings—“Mine are bigger than Arnies” and Women’s march

He charges that our own CIA acted like Nazis in leaking spy investigation then blames media for bad relations

The Don decides that any news he can’t manipulate is Fake News

“I won’t take your question. Fake news”

His own Obama birther Fake news got him fame and millions of white supporters

Can’t remember what he said yesterday—liar or pathology: 14 lies in 1 hour

His nominee for security quit because she used other people’s work as her own book.

The Don has Priebus and Pence saying “no evidence” necessary on voter fraud claim

Can the republic survive to 2020—half his subjects think the emperor has no clothes?

“I don’t care about my company. It doesn’t matter. My kids run it.” No conflict????

All the folders representing his companies were empty—Fake transfer of businesses!

Lies are now called “alternative facts” by Trump’s Press Sec. photos don’t lie.

What is The Don’s thing about his size?
5 million (8%) illegal votes and now wants to spend $500,000 on “proof” even Fox NO

The Don Way:

Making money from the Secret Service and Top Secret info for biz, an Audience with The Don costs you $, FREE govt services and health care, WH site highlights jewelry. NYC spends $500,000 a day to guard his Tower. Don threatens city over immigrants.

“All the world's a stage, And all the men and women merely players; They have their exits and their entrances, And one man in his time plays many parts …As You Like It

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Promises (lies) and Actual outcomes:

Lie #103

Trump tells CIA that they may have the chance to invade Iraq again for the oil

Lie #104

The Wall costs us $14-25 BILLION but does not keep people out. We pay 20% more!

The Don was never intending to release taxes—Big LIE #105

He owes foreign banks and government partners from China to Canada.

The Don kisses Comey for FAKE investigation announcement on Hill’s emails.

Muzzles all agency communication with us; all negative news is Fake news

Trump ends penalty for NOT having insurance—$695 tax enforcement gone

President Trump signed an executive order late Friday giving federal agencies broad powers to unwind regulations created under the Affordable Care Act, which might include enforcement of the penalty for people who fail to carry the health insurance that the law requires of most Americans. Also late Friday, Reince Priebus, Trump’s chief of staff, issued an executive memorandum ordering a freeze on regulations for all government agencies.

Trump stopped the mortgage fee reduction Obama started last week.

He overturned a recent mortgage-fee reduction — geared at helping first-time and low-income home buyers.

The Don’s new 35% tariff on autos will eliminate 31,000 jobs here not Mexico. Counter tariffs by Mexico, China the world will reduce exports cutting another 500,000 jobs here. Bush tried this in 2002 and made steel expensive so can’t afford to make steel stuff here and 200,000 Americans lost jobs. The Don doesn’t read so he missed this study.

Impossible dreams of a megalomaniac—lie #106

“I will never, ever let you down,” he declared. The president told people as he worked on the speech that he was intrigued by John F. Kennedy’s 1961 call for getting a man on the moon by the end of the decade. He rolled out no moonshot initiative today, but Trump did say elliptically that he’s excited “to free the earth from the miseries of disease.”

The Don will cut regulations by 75%. Buy your air and water testing kits now!

Imports will be taxed at the border.

SS Medicare delayed due to Trump freeze on hiring

The Don was there to praise CIA but talked about his “numbers” instead.

WH Spicer says media faked inaugural pics: Trump’s bigger than Obama’s

Fox Krauthammer surprised, calling it a "surreal" event.

Another Lie: All those “Make America Great Again" baseball caps were made in China, Vietnam and Bangladesh. So much for "buy American and hire American."

Trump vision is delusion: Automation will take more jobs in future—no going back.

Another Lie: torture 'absolutely' works: 'we have to fight fire with fire' yet Pompeo, CIA and Mattis, Defense pledged to follow the interrogations law and the army field manual. Experienced interrogators have said befriending captives is more effective than torture.

DallasNews: He is a chronic and unapologetic liar. He doesn’t even realize it.

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Tolerance is un-American now?

Even Genghis Khan, 1206, accepted Muslims fairly.

Even Israel accepts Syrians

Pope warns us about elected dictators: "And all Germans vote for Hitler. Hitler didn't steal the power, his people voted for him, and then he destroyed his people.”

Poll: 56% said they believe he is not honest, 53% said he “does not care about average Americans,” and 62% said he is not level-headed. Meanwhile, 68% consider him a “strong” person, and 65% said they believe he is intelligent.

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

“It is nearly impossible for one individual to take on a corporation with vast resources.”

Supremes stop us from suing—State courts no longer available to sue corporations!

Citi caught giving homeowners the runaround on paperwork to keep their homes.

Supremes strike TX voter ID law so now if you are human you can vote. Not Lone Star

ND GOP votes to cancel voter law to control ethics

Uber caught misleading drivers on earnings

EPA, NPS, Ag, NIH gagged on providing info on warming and toxins: Revenge killing?

Trump tells FAA stop inspecting planes for cracks

Ford recalls F-150 for instrument failure on cold days

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

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

Police want gun control.

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

TX wants everyone to carry gun everywhere and you don’t even have to know how  

Husband kills wife thinking burglar

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

Trumpers want police to start buying military weapons against civilians again.

SCAMS: “Illegal voters” claim debunked: 5 Trump family “registered” in 2 states!

            Common item does NOT make them illegal voters. Trump misunderstands voting law--2.75 million people were registered in more than one state but don’t vote twice. Dead people are not removed from registration since they did not ask for “removal.”

Ignoramus Award: Trump uses foreigner’s anecdote to justify probe of 5 million votes

Not interested into probe of Russian hacking of our elections. Putin calling shots?

How our government wastes our money

Save Medicare & SS instead of more weapons!

$500,000 on proving there were 5 million illegal votes—Calling Capt Queeg

Where have all the jobs gone?

The game is to announce more now; later who knows?

Wet seal closes 511 stores

25-highest-paying-jobs-don’t-need-college-194413843.html

Which job board sites are best for your job search?

Who owns your account now?

Miracle:

A tornado victim had her bath tub ripped out of her bathroom and she ended up still in her tub in some woods near her home.”

IAN

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