++Will you have a GREAT financial New Year!
++Set and reach money goals.
++Set-up a tax-FREE investment account.
++Buy and hold 10 mutual funds all your life.
The greatest impediment to financial
freedom is debt. Most of us live paycheck to paycheck. Freedom from our chains
of lifelong payments requires immediate action. When you pay $161 per
month for 10+ years on your credit card balance of $10,050, you will spend at
least $19,360. You pay almost double for that same $10,050!
I will show you how to be on the
other side of the deal--collecting $20,000 for your investment of
$10,000. It takes only 1 hour to set it up. By Dan Keppel
ObamaCare signup deadline moved from Dec. 15 to Dec. 23
In 2012, 27 percent of young adults (ages 19 to 34) lacked
health insurance, although the rate varied widely from state to state,
according to a new Census Bureau infographic, "The Young and Uninsured in
2012." Texas has 38%
uninsured young adults while MA has 8%. http://www.census.gov/how/infographics/young_uninsured.html
Small
business enrollment is delayed one year. Businesses will still be able to
shop for plans at the federal website healthcare.gov beginning in December;
they just won’t be able to sign up their employees using the system. The change
may have a minimal effect since many small businesses already rely on agents
and brokers for insurance at group rates.
Are you saving enough for retirement?
Just 56 percent of women express confidence that they’re
saving enough for retirement, compared to 65 percent of men, according to a
recent survey from TIAA-CREF. Women surveyed believe they would be more likely
to change their savings and spending habits after receiving financial advice,
but nearly half say financial advice will cost more than they can afford – and
one in three say they don’t even have the time to look for help.
Advisors can take up to 63% of your total retirement nest
egg. Simple alternative that Warren Buffett uses assures you keep more: http://www.amazon.com/Warren-Buffetts-Investment-Secret-Steeple/dp/1484189809/
Study says a picture of future wants helps us save more
Harvard economist Sendhil
Mullainathan studies how people save money for the future. He found that we
save more when we have a picture of what we want to buy in the future. This
helps us remember why we are saving and avoid impulse buying. Credit cards make
it easy to buy so it is harder to wait. People don’t want to wait until they
have the money. But waiting allows us to filter out those items that are just
passing fancies. Automatic investing is the greatest help in saving, according
to his study. We never have to think about sending a check if our investing
amount comes out of our check right away automatically. Other tips: http://www.amazon.com/Internet-Money-Smarts-More-Less/dp/1493643223/
You don’t need Black Friday to find bargains on insurance
and investments
*Save on all financial products and services.
*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.
Study shows advisors often sell higher-cost products
Harvard economist Sendhil
Mullainathan hired actors who pretended to seek help from financial
advisors. Those with solid investments in low-cost funds were advised to switch
to some undiversified high-cost
funds. Incentives are good for advisors and bad for investors. We can do
low-cost investing ourselves and earn over 50% more: http://www.amazon.com/Your-Wealth-Account-Tax-FREE-Income/dp/1493761277/
SCAMS “Deficits
don’t matter” Republican Godfather, Dick Cheney, 2002
Bush wars increased the debt by $4-6
trillion to $16 trillion. 1985 debt $3 T, same as 1945.
IAN
41 Watchung Plaza, B242
973.746.2014
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Thank you to sharing very important information to us
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