Friday, September 20, 2013

Save 200% on securities and other financial needs

Get What You Pay For: Save 200% on stocks, mutual funds, every financial need
Avoid taxes and fees. Let your money compound.
Cut out the middleman/woman. Buy only what you need.
The best guarantee of lifelong security is having money. We grow our savings in a tax-FREE investment account. It assures us of money when we need it. We stop paying unnecessary taxes. We avoid overpaying for products and services by buying only what we need directly from manufacturers, not salespeople. We save $3,000 a year.

ObamaCare saves $1.2 billion in premiums already
6.8 million of us saved an estimated $1.2 billion on health insurance premiums in 2012, due to the “rate review” provision of the Affordable Care Act, which brought unprecedented accountability to slow the growth of health insurance premiums. We received a check for $324—Blue Cross Blue Shield charged more than they needed to cover their overhead and profits. ObamaCare requires insurers spend premiums on claims not on executive perks.

Vanguard helps millions reach goals
With $2.2 trillion in assets to manage for investors, Vanguard is the top retail mutual fund firm. Many 401k and college savings plans use Vanguard because its funds are owned by investors not stockholders. All services are provided “at cost.” Many money managers, charging 1-3% of your assets, are now using ETFs (index funds) from Vanguard as part of their offerings. Investors have not yet learned that high-paid money managers pay only 0.05% for the ETFs they are resold by their advisor. Pay less; keep more:

GOP health ins plan costs more than ObamaCare!
The first comprehensive Republican alternative to President Barack Obama's health care plan, a large group of House conservatives is unveiling legislation that provides an expanded tax break for consumers who purchase their own health care and increases government funding for high-risk pools.
The plan endorsed by the Republican Study Committee would let individuals who purchase coverage claim a deduction of $7,500 against income and payroll taxes, regardless of the cost of the insurance. Families could deduct $20,000.
ObamaCare’s exchanges let individuals buy coverage from insurers and receive a tax deduction also. The ObamaCare’s family deduction is not so generous as the GOP plan. Most taxpayers don’t owe $20,000 in taxes anyway! This is socialism for the rich.

Think long term with investments
Habitable conditions on planet Earth will persist for at least another 1.75 billion years and perhaps as much as 3.5 billion years, according to a new study conducted by astrobiologists at the University of East Anglia.

Is your advisor giving you the best options for YOU or him/her?
The government promised to spell out how your advisor should act in giving YOU the best options. Brokers do not have to give you the best advice, only advice that won’t hurt you. New rules surrounding fiduciary standards will have to wait, and wait, and wait some more as financial advisors last week learned that the U.S. Department of Labor has pushed back yet again its proposals to amend the definition of a fiduciary. Unfortunately, when the lawyers start making rules about ethical conduct, we all lose. It is better to trust only those who have no bias about financials.

Do you really need life insurance anymore?
In a survey, 55 percent of seniors said they have allowed their life insurance policies to lapse, viewing it as a liability instead of an asset. More than 80 percent of adults aged 66 and over were not aware that they can sell an existing life insurance policy for a cash payout. Maybe you don’t need life insurance anymore. There are several options:

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

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