Friday, January 8, 2016

Are you Winning the Investment War?

Are you Winning the Investment War?
Are you earning less than 11% per year average on your retirement money? Is your broker/advisor taking 1.5 or 3% of your account EACH year whether they make money or not? Did they tell you how many years they have beaten the market average of 11%? Did you know that your broker/advisor has strict orders NOT to help you reach your goals using low-cost products? … even if they are right for you now? Do you understand what your advisor has in your portfolio? Why do you still pay 12-b1 fees for marketing charges if you already own the funds in your account? Did you do any research on your broker/advisor? Have they been sanctioned in other states? Did you earn 1.4% this year?

Do you claim tax breaks for your ‘backyard’ like these folks do?
Congress made the IRS tax law that lets the rich claim a charitable deduction for their golf course (giving away the right to develop land they still own and can use). In other words, we pay for their backyard golf course with a view. 1,114 tax “evaders” took an average deduction of $872,250 based on the rule, according to the IRS, for a total of about $1 billion. If you are concerned about the national debt or your tax bill, consider that the rich will always have their golf courses and don’t need the tax break.

There is no reason to overpay for financial success
The record is clear: earn 3.79% with advisor managed account or 11% with a market index fund like the Vanguard 500 or Fidelity 500 Index over time. If we just held the whole market and didn’t try to time the ups and downs, we could earn 10-12% a year.
This is the record you could have:
2015    1.4%
2014    13.80%
2013    32.43
2012    15.88
2011    2.07
2010    14.87

Is your broker/advisor fee your largest expense?
Why not fire your advisor. That is what this client did. When he found that his single largest expense was the $40,000 asset management fee on his $5 million portfolio, he switched to a planner that charges by the hour or event. No matter how big your holdings are, you can do better than pay 1-2% a year on assets advisors never touch. Just like a lawyer, you can find or negotiate a fixed fee for service--charitable giving, tax planning, paying for college and wealth transfers. After all, no advisor can see the future and guarantee your asset level for 1%, 2% or 5%. Use Vanguard’s unbiased advisors.


GOP judge defies Supremes on marriage equality
AL state court barred state judges from issuing same-sex marriage licenses, in contravention of the broadly accepted meaning of a June 2015 U.S. Supreme Court ruling. Chief Justice Roy Moore forbade probate judges in the state from issuing marriage licenses that violate the state’s laws prohibiting same-sex marriage, “until further decision by the Alabama Supreme Court.” We either have one national court or we don’t.

Does our President need to be rational and truthful?

GOP silent on white gang grabbing Fed reserve—Silence means agree?      
Trump wants to send Cruz back to Canada—Communist Cuba background?
Trump: It’s OK to use wrong video for hoards of immigrants crossing border
Trump: to increase price of all goods from China by 45% -- almost everything we buy!
Obama blamed for Saudi executions—sounds like GOP: Everything is Obama’s fault
Jeb: Sorry I lied about NRA award and Charlton Heston’s gun gift! “I think I read it
Jeb: Fed poverty programs end; give money to states  who make slush funds
Christie: Out of state most of time costs NJ taxpayers over $1 million for guards/vans!

GOP repeals ObamaCare the 61st time—still no GOP replacement plan!


Regulators are the only protection we have 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!
Julius Baer Ltd, Swiss to pay $547 million for helping Americans evade taxes. No Jail.
Caldwell International Securities caught churning client’s accts –$1million overcharge
Reg. recall 90,000 pounds Huisken Meat beef--wood found in Sam’s Choice.
MO says sex between lobbyists and legislators is a ‘gift’ and must be posted on forms.

Finra Securities Helpline for Seniors (1-844-574-3577) has recovered fraud and scam $

We need regulation—GOP is wrong—companies would not fix bad products on own

Best advice an investment manager ever gave me
“You’re gonna get a statement every month,
Compare the funds that did the best over 20 years to help you decide where to invest your serious money. If you will need money in 5-10 years, you will have it and you will have a chance to receive the highest return possible without taking undue risk. Is there an overlap between the best 1-5 year and the best 20 year funds? Well, that one may be your choice. You don’t have to move your money every time another fund advertises it has high returns. As Warren Buffett says, “my holding period is forever.” Hold ‘em and let Buffett’s investment secret work for you.

HOW CONGRESS WASTES OUR TAX DOLLARS
Special Inspector General John F. Sopko has spent years documenting waste, fraud and abuse in the U.S. military’s efforts to rebuild war-torn Afghanistan. We have spent $110 billion on reconstruction projects in Afghanistan.
=Afgan courts that we pay for allow men to kill innocent women. Let’s stop paying!
=Clive Bundy still has not paid his $1 million cattle fees to taxpayers and no indictment!
=Armed gunmen live in Fed building FREE—water, electric, gas we pay for!

SCAMS
Gun collector kills wife over washing then two others; own son kills him. OK?
GM claims airbags not designed to protect us in head-on with trees in Bristow OK.
TX girl “everyone like” killed stopped at light in drive-by shooting.
Wheaton College to fire a professor for writing Muslims and Christians have same God. 
44 percent of lottery winners spend all their winnings in five years, study says.

Clive “refused pay fees” Bundy’s son leads sit-in over federal crime of OR rancher. Son    has $530,000 federal loan for his truck maintenance firm which he isn’t running.
            Clive has still not paid his $1million for cattle grazing. No Jail, No Justice.
IF ‘MILITIA’ was black would Police Stand By as Armed ‘Militia’ Takes Fed Building?
            What did they do to the Black Panther Party?

IAN
41 Watchung Plaza, B242
MontclairNJ 07042
973.746.2014
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