Friday, June 28, 2013

Former Wall Streeter: You can beat us!

Our Tricks of the Trade: You can beat Wall Street
By Ian Sender, Former Director, Wall Street firms
Learn how to beat Wall Street and earn 10-12% per year.
Avoid taxes on your wealth.
Avoid advisor and brokerage fees.
Former Director retires and explains the “tricks of the trade” in English.

Insurers dropping NY/NJ homeowners
Long Islanders already have limited homeowners' insurance options: Allstate, State Farm and Liberty Mutual issue the vast majority of policies on Long Island, and all three have been withdrawing from the Long Island market. Insurers don’t like claims even for a 100 year storm but they like the premiums for 100 years. High deductible self-insurance may be the only alternative: http://www.amazon.com/Homeowners-Insurance-Beware-Coverage-Policy/dp/1480100870

Tax-deductible spending on health grows
Nearly 15.5 million Americans are covered by Health Savings Account (HSA)-eligible insurance plans, an increase of nearly 15 percent since last year, according to a new census released by America’s Health Insurance Plans. Plans combine a tax-deductible savings account and high deductible health insurance policy that can make coverage affordable for some people: http://www.amazon.com/Health-Insurance-ONLY-right-policy/dp/1480125083 

  
Ah capitalism!
The Ingalls, Kan., school board agreed it was a good idea for top administrators to bring handguns to school. Then, the district learned it would lose its liability insurance coverage if it authorized guns in school. It has now banned guns. Guns are dangerous. Dah.

Are you planning on moving?
Astronomers discovered a solar system packed with planets, three of which are habitable, using new observations and existing data of the Gliese 667C star. The star is orbited between five and seven planets. The Gliese 667 solar system is strikingly similar to ours and the three planets identified as habitable are confirmed to be super-Earths: planets that have more mass than Earth but less mass than larger planets like Uranus and Neptune. We have to lose weight before we move! More mass, more weight.

Miami firm caught ripping customers—still open!
Regulators fined StateTrust Investments $1.045 million and ordered $353,319 in restitution to customers for charging unfair prices in 563 corporate-bond transactions between March 2007 and June 2010.  The companymarked up or marked down the bond prices more than 5%. StateTrust is still in business. You have to shop around: http://www.amazon.com/Wealth-Without-Wall-Street-Commissions/dp/1442168137



SCAMS           “Deficits don’t matter” Republican godfather, Dick Cheney, 2002

IAN
41 Watchung Plaza, B242
MontclairNJ 07042
973.746.2014

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