Your Unbiased Advisor

Friday, May 6, 2022

Can you recession-proof your retirement?

Greatest financial miracle is unknown to Americans

The single greatest factor in why most of us are living paycheck to paycheck is that only 7 states teach what Einstein called “the most powerful force in the universe.” High schools teach how to open a checking account but not a tax-FREE college fund or tax-FREE retirement account. They don’t show the safest way to grow $250 a month into $250,000. They don’t explain how a stock mutual fund works over time. They don’t show how to save and reduce income taxes all at once. They don’t show how Warren Buffett grew his paper route money into $124 Billions. "My life has been a product of compound interest." Teach your child to use the miracle of compounding in 1 hour.

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

Can you recession-proof your retirement?

A recession is generally identified by a fall in GDP in two successive quarters. Interest rates are raised in order to kill inflation but raising rates can also bring recession. So what can you do to protect your nest egg? Actually, you can’t stop the effects on your retirement fund. There is no free lunch. However, my readers have already sold the low-interest paying bonds they owned. They own only TIPS now. They have cashed in low-interest CDs since none offer yields over the inflation rate. Some are looking at a reverse mortgage since they have so much equity. Some have accumulated gold and silver as they may hold value to fight inflation long term. Some have considered a long-term care policy. Many have added commodity and real estate investment trust funds so they can be diversified. Some rebalanced their portfolios to overweight small cap stock funds. They may be the first stocks to overcome this inflation. Most have held on to all their stock index funds since stocks have often rebounded from a down year by the next year.

Use Buffett’s advice: https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592

Is Bitcoin right for you?

Some advisors are pushing this virtual currency for portfolio to retire on. But unbiased analysts like Buffett and Munger offer this advice: cryptocurrencies aren’t productive like farmland or other real estate. This leaves the billionaire investor unsure of what to do with Bitcoin. You can’t buy normal things like a home or groceries. There have been thefts and there are no controls on who has access to the virtual world. By it’s nature, crypto has provided criminals with lucrative opportunities. Crypto is known as a volatile asset and belongs in the speculative part of a portfolio like pork belly futures. Over the years, they attracted a wide following from market analysts and traders eager to try to profit from the ups and downs of this niche market. In 2011, the CME announced the end of pork bellies trading on its exchange. Extreme volatility coupled with dwindling trader interest made the product no longer relevant to financial markets.

Take Buffett’s advice: https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592

Will America be destroyed by letting the rich pay less tax?
With corporations and the super wealthy paying less tax, the national debt is now $30 Trillion. Our reps gave the rich another tax cut in 2017 so now we spend more than our income. America lives on credit. History says America can’t survive forever on credit. Our own tax collection firm (IRS) can’t even collect what they know is owed by the wealthy. The schemes for tax avoidance are so complicated; public servants can’t find or collect it. So unless we come up with a better system, our “me-me culture” may not be able to dig itself out of debt. The trend for wealth INEQUALITY is going the wrong way—wealthy are getting richer and the unwealthy are getting poorer. Upper middle-class two wage-earning households are paying an average of 32.9% tax while many wealthy pay less than 17.7%. Don’t get caught paying off the debt of the rich and famous.

Use our legal tax haven: https://www.amazon.com/Your-Tax-Haven-Tax-FREE-Americans/dp/1482659441

How to achieve your financial independence

Justin stopped working at salary of $70,000 with $1.3 million in order to travel with family. It took hard work and planning but it can be done. He used low-cost state college and low-cost mutual funds at work. He used the Miracle of Compounding. He started investing early. He cut wasteful expenses with a budget. He had the agreement of his family. It helps if family members agree to the strategy. If you are prepared to put away money religiously you can quit at age 33 too. Use a tax-FREE account. Invest BEFORE you buy groceries. Forget using stock pickers and bits of coin.

You will need real money later: https://www.amazon.com/New-American-Retirement-System-ReserveTM/dp/1461030072

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

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

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

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

?**********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

Jan 6 2021 Direct assault failed: guns & bombs ready

Trumpist’s Supremes end personal rights

Nov 8 2022 Trump’s “national revolution”

Another terrorist guilty “sedition”: armed coup

Oath Keeper guilty sedition

NYC police terrorist guilty assault

Defense Esper: Trump wanted to shoot protesters

How Govt wastes our money:

Trump beats tax avoidance crime: deducted his front yard Westchester: no taxes 18 years

Health care: drug companies blame insurers; insurers blame drug companies: we pay all

Millions COVID-19 shots set to go to waste: Biden can’t give to world: Congress vote?

We wasted $billions: Afghanistan’s fastest-growing ‘crop’: kilos of methamphetamine

Court threw out a $16.5 million jury verdict against a talc manufacturer: asbestos-cancer?

Russia avoids EU sanctions: imports through neighbor Kazakhstan

CIA tells unhappy Russians how to give US intel secretly VPN

SCAMS/SPINS:

Performance SLC, Daniel Crenshaw caught engaged in wrongful fee-charging, deception

Alexandra H. Cock caught $2.5 million Ponzi defrauded investors of millions of dollars.

Bill Hwang Archegos Capital caught market manipulation and fraud $20 billions,

Brenda Smith NJ caught Ponzi stole $47.2 million hedge fund: 109 months in prison

10 Republicans Voted Against helping Ukraine: 10 on wrong side of democracy

GOP state leaders may freeze Dems out of 2024 voting: FL vote police, vote tallies, gov.

Jared: "Breaking [wind] History: A White House Memoir" he thinks he ‘saved’ America

Tucker is Cable’s #1: Trump’s Minister of Propaganda: more followers than Goebbels

Some states ban books: Teens read but use guns without training or license to intimidate

Some states cheer personal freedom--no shots/masks; but ban women’s health freedom

Some states ban discussion of sex, race in school, business; but men do marry 12-17 girls

Putin follows GOP: ban TV, news, books, speech, hair ribbon, signs, groups, except Tuck

Cell phone radiation has been a constant suspect cancerous brain tumors

Why do we love conspiracies and not research for the truth? Lazy, stupid, limited?

Forget Prevagen; get a pet to stay ‘sharp’: FDA has not determined Prevagen helps you

GOP Susan Collins: Gorsuch, Kavanaugh: “Roe was settled law” Supreme liars!

GOP ‘central committee’ members will adopt all unwanted kids after they ban abortions

Trumpist Supreme Court shows its hands: ALREADY decided to ban abortions in US

Like alcohol prohibition 1920–33, GOP will not keep people from using abortions

Could Loving v. Virginia be reversed next? Loving is about race and our privacy rights.

Alito in 2015: no rights for same-sex marriage: it’s not among Constn fundamental rights.

We may be tracked by antiabortion states: cell phone data useful to prosecute pill seekers

Caught: TurboTax’s “free, free, free” advertising: “deceived us into paying for services,”

250,000 Ford Explorers recall rolls away by ITSELF while parked! Jeep used to do it too

Home warranty scams: look hard before you sign

Gift card scams: what can you do to be reimbursed?

Bank of America caught doing illegal garnishments: took customers’ money plus fees.

Americans think Trump should be charged with crime: conspiracy to overthrow gov.

Trump uses donations to pay suit over misused nonprofit funds to benefit his family

Trump installs Trumpist in Ohio: Vance had kissed Don’s ring to bring the ‘sheep’

Text message scams: 25% age 18 to 34 unknowingly trust a fraudulent message

Gasoline price scam: Big oil has record profits : shares up since February

Musk got help in takeover of Twitter: Larry Ellison, a Saudi Prince, and Sequoia Capital.

Jobs

More openings April: 428,000

Who owns your account now?

H.S.A. limit up to $7,750 for someone with family coverage

Vanguard cuts fees again: pay less earn more

CA offers no interest mortgage down payment loan: qualify and it’s free

Miracles:

Warming changes marine life: extinctions

New Delhi saw seven consecutive days over 104; Pakistan hit 116 last week

CA reached 99.87% of electric load served by all renewables: what desert if good for

Willy Joseph Cancel, 22, was killed while fighting alongside the Ukrainian military

Ukrainian women train to clear landmines

Elena sentenced five days’ imprisonment for wearing a green ribbon: Russians resist

The Washington ‘superspreader’: Biden actually tells jokes, Noah is better

Plastic-eating Enzyme Could Eliminate Billions of Tons of Landfill Waste

Antiobesity Drugs Help People Shed Dozens of Pounds, but Must Take for a Lifetime

Charging a lithium-ion battery to a rate of 5.6 minutes for a 60% charge

NJ bans plastic and paper single-use bags: some exceptions

Only 334 die every day from covid new strains: 997,000 total

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

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

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

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

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

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

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

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

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

IAN

973.746.2014

www.InsuranceAdvisorsNetwork.com

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

Friday, April 29, 2022

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

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

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

When to start taking your Social Security benefits?

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

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

How much did you have to pay for Twitter?

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

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

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

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

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

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

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

Annuity substitute

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

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

A cost-effective emergency fund

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

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

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

The Path to Dictatorship: 2010-2030

Jan 21 2010 Corporations’ election-spending unlimited

Nov 2020 Wealthy discredit election process

Nov 21 2020 Trump’s Plans for a Coup

Jan 6 2021 Direct assault failed: guns & bombs ready

Nov 8 2022 Trump’s “national revolution”

Fascism: ‘Everywhere Babies,’ a picture book banned

Terrorist: “just followed Trump’s orders”

250 terrorists guilty: nonviolent misdemeanors.

Judge: Trump guilty contempt of court: lawless

How Govt wastes our money:

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

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

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

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

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

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

OK bans abortions: felony crime 10 years if doc caught

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

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

SCAMS/SPINS:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Jobs

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

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

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

Fidelity 12,000 new financial jobs

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

Who owns your account now?

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

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

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

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

NJ E-coli beef recall: check your packages

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

Miracles:

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

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

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

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

What the world needs now: Sympathy

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

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

Trumpist head USPS buying all gas fleet: no electric deliveries

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

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

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

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

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

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

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

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

IAN

973.746.2014

www.InsuranceAdvisorsNetwork.com

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

Friday, April 22, 2022

Buy your financial services without sales person costs

How to cut credit-card debt

How have you started the New Year? Most folks are in the negative for their portfolio. Usually a down market means it is a good time to buy stocks or their funds. However, inflation is taking every last dime so far. In order to make your paycheck stretch farther, you can cut expenses to pay off the debt so you are in the positive by year end. We had been paying for a storage unit. We had a lawn sale to make money and end the lease. We cut out Netflix and lowered our cable bill. Instead of our usual week in Maine, we used our tent instead of our usual motel. We already had a paid membership in the National Parks so we could hike around Acadia for a week and ate at Jordan’s and Aloha. We grabbed a 0% interest balance-transfer offer and paid all of our other CC balance in full. We took advantage of 2 $200 bonus offers and used $400 to attack our debt. We concentrated on knocking the principal to $0 in one year. We quit eating out and found a fantastic low-cost café for lunch once a month. Our tax refund cut our principal to 1/3 its original size.

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

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

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

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

Retirees use RMD not annuity to empty their nest eggs

New retiree use of in-plan lifetime annuities to draw income for the first time fell to 18% in 2018, from 62% in 2000. Most retirees count on some form of tax-deferred account for income in retirement. Social Security was never meant to be the sole source of support. It has become the only nest egg for many low-income households because American business stopped offering lifetime pensions. For retirees with tax-deferred accounts, an annuity may be offered by their employer plan as a source of income for the rest of their lives—guaranteed. However, inflation can cut the annuity benefit in HALF in 20 years after employment. Annuities are expensive to fund and to get your money back. For many, the IRS required minimum distribution (RMD) calculated by their mutual fund complex offers the best solution. It fulfils the legal tax requirements based on life expectancy and helps you plan your income for the rest of your life.

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

Buy your financial services without sales person costs

If you shop at Costco, BJ or Sam’s Club, you know that you can save a lot by buying without a sales person. For the benefits of buying this way, it is best to know what you need or want. There is every reason to save on financial services by buying this way—without having to pay a sales person. Find out what you need by using unbiased sources—books, website articles and knowledgeable agents. For instance, using government sites that explain coverages and types, you can decide to buy straight term life and basic car coverage legally required in your state. Then, using a consolidator, you compare insurance prices for you by multi-carrier internet sites. For mutual funds or single securities, the regulator Securities and Exchange Commission (SEC) has information to help you choose which type to use in your 401k, IRA, or cash account. Stocks are the safest for long term investing since they beat inflation over time. Money needed for an emergency can be left in a bank CD. In all cases, shop and compare. For instance, a low-cost stock index fund provides a greater nest egg than a licensed advisor. You can lose up to 63% of your total accumulation to costs.

Pay more; get less: https://www.amazon.com/Lies-Financial-Advisors-Told-me-alternatives/dp/1478281545

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

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

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

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

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

The Path to Dictatorship: 2010-2030

Jan 21 2010 Corporations’ election-spending unlimited

Nov 2020 Wealthy discredit election process

Nov 21 2020 Trump’s Plans for a Coup

Jan 6 2021 Direct assault failed: guns & bombs ready

Nov 8 2022 Trump’s “national revolution”

Trump runs the party from his home

How Govt wastes our money:

FL rejected 54 math textbooks K-12 citing critical race theory in equations GOP crazies!