Don and Hill will need more revenue

Don and Hill will need to raise taxes to pay for walls or wars

Don’s wall and Hill’s return to Iraq and Afghan will cost us more taxes. Both want to spend more on guns and war and that ain’t cheap. Her plan will cost $1.1 trillion. His tax cuts will cost $9.5 trillion and he will cut “waste”—Medicare and SS benefits—to limit borrowing. Both will need to raise revenue one way or other since more 1%ers and corporations are using loopholes to avoid paying any tax. Don can avoid taxes for years with his $50 million loan write off.

Start your tax-FREE account now so you don’t get stuck with taxes later: https://www.amazon.com/Tax-Shelter-Young-Americans/dp/1500426520

Put your advisor on a diet—Market returns will remain low—hedge funds close

Economic gains will be slower with Don or Hill so stocks will be pressed to break 7% return. It is time to put your advisor on a diet and cut their share of your gains. If their fees, trading charges and taxes continue to take 2%, you could end up with only 63% of your potential nest egg. Taking more risk for greater yield is not the answer you want from them. Fees will continue even if no gain. Better to go with par, the average return. Try an ETF or index at 0.05%. You may clear 7% not 5%.

Get back to basics:  https://www.amazon.com/basic-facts-about-learned-before/dp/1534665544

ETF or index fund?

Advisors are all excited about the ETFs they have to offer you. Why? Index funds have been out there since 1976. Perhaps it is because index funds are packaged in a commission product. Yes, the sales person who once hated index funds can now praise them. Excitement over exchange-traded funds continues among financial advisors, according to Journal of Financial Planning. ETFs are the preferred investment vehicle for 83% of advisors up from 40%. Advisors are selling them to clients using ‘lower cost’ as the sizzle. What advisors don’t disclose is that the fund version is much cheaper than the ETF commission/fees. Don’t be fooled.

Save $100,000: https://www.amazon.com/Money-Scams-2014-financial/dp/1505437962

Is a homeowner policy Virtual inspection right for you?

Esurance offers a do-it-yourself Home Inspection app, which allows policyholders to self-inspect their homes and receive policy discounts. For instance, the insurer needs you to fix broken sidewalk. Now you can prove it yourself. No need to wait for inspector to show when you have a claim. Just record what the insurer asks for to prove you lost your siding or roof. Insurer promises quicker service. They don’t need to send a drone or adjuster. But sometimes you do better with private expert on your side.  

Save with 15 discounts: https://www.amazon.com/Homeowners-Insurance-Beware-Coverage-Policy/dp/1480100870

What is the most important predictor of your investing success?

According to an unbiased Morningstar study, low-cost funds beat high-cost funds PERIOD. It is a myth of Wall Street that you must pay more for good performance. You are just paying for the Wolf of Wall Street's toys. Other Wall Street myths: Buy low, sell high; manager tenure; proven performer; get in on ground floor; concentrate portfolio.
Warren Buffett, the master of investing, disagrees:
            "A very low-cost index is going to beat a majority of the amateur-managed                                money or professionally-managed money."

https://www.amazon.com/Best-Predictor-Investment-Success-Cost/dp/1502524082

Income inequality, rising since 1970s, link to frozen wages?

New study, which measures income inequality by state, metro area and county, shows that inequality has risen in every state since the 1970s. Most of the income change has gone to the more senior corporate chiefs and not in salary. Corporations are escaping taxes and shareholder limits on excesses. Your Apple gear costs a lot to buy but little to make. Your shoes don’t cost $150 to make. Verizon service doesn’t cost Verizon $200 a month to provide. Corporations have digitized and outsourced for the last 40 years and haven’t shared the increased profits with workers or shareholders. Is David M. Zaslav’s labor really worth $156 million a year? Yahoo’s CEO got a 69% raise for ..? Chipotle’s head found $29 million despite sickening patrons. His 1^st boy got $28 mil. Chase gave its CEO a 134% raise. Another study shows higher CEO pay; worse performance.

If you are NOT the boss, do this: https://www.amazon.com/Working-Millionaire-Tax-FREE-Self-insure-Self-fund/dp/1460945484

Is a Goldman Sachs CD right for you?

The commercial bank famous for creating the mortgage meltdown by packaging bad mortgages with pretty ribbon is now in need of money. They offer savings CDs for the non-1%ers. You only need $500 to obtain 2% for a 5 year CD. So if rates go up you will have the privilege to be stuck with $52 profit over 5 years. If you need it back, you lose part of your $52. If you want most of your money to grow above the inflation rate, you will need to keep it in stocks and bonds at the lowest cost you can find. Your money is actually safer in stocks than with Goldman because you lose half your purchasing power over time: 47 cent stamp used to cost 33 cents just 15 years ago.  

Go long for SAFETY: https://www.amazon.com/Go-Long-Reach-Wealth-Starting/dp/1519376189

Auto insurer’s satisfaction falls 7 points

Overall satisfaction declines by a significant 7 points. The 17 largest insurers are the primary drivers of the overall decline. Satisfaction among the smaller insurers increases 1 point from 2015. JD Power survey found the top insurers for each region were NOT all large insurers even though they had best digital scores. Winners:

California: Ameriprise (846)

Central: Shelter Insurance (819)

Florida: The Hartford (834)

Mid-Atlantic: Erie Insurance (829)

New England: Amica Mutual (855)

New York: GEICO (828)

North Central: Auto-Owners Insurance (842)

Northwest: PEMCO Insurance (847)

Southeast: Farm Bureau Insurance – Tennessee (870)

Southwest: The Hartford (829)

Texas: Texas Farm Bureau Insurance (836)

New Jersey Manufacturers Insurance Company (NJM) and USAA also achieve high levels of customer satisfaction in the study, although they are not included in the rankings due to the closed nature of their respective memberships. 

Buy the best and save: https://www.amazon.com/Industry-Insiders-Guides-Buying-Insurance/dp/1466435712

Does our President need to be smart and truthful? Do they even care about truth?

            (a summary of the GOP Presidential debates) (history: GOP has the final candidate by Feb 17)

                        What does Trump’s National Socialism stand for?

Increase subsidies to oil gas, corp farmers, Boeing, big business tax cuts

Don will cut Medicare and SS benefits “if tax cuts don’t make big surpluses”

Cut funding for un-wealthy, poor, schools. seniors, underemployed, kids, etc.

Reinstate older white male value system: Make ‘WASP” America Great Again

Reinstate Christianity as the state religion—bar all others from public office

Reinstate Christmas and Christian observance in schools, home, court, stores, etc

Put successionist’s flag back in public spaces - cemeteriess, courts, state houses.

Put up a wall, end trade, bring back repetitive “robotic” jobs back from low wage areas.

Cut regulation of all business activity, lower wages for women, pregnancy

Climate change is a hoax. Let oil companies drill anywhere. XL pipeline approved

Replace ObamaCare: no mandate (tax credit so you can try to find your own like before)

Cut federal spending on health especially when control women clinics

Cancel immigration for all from non-EU countries. Deport them

Voter suppression of DEMs (even in Brooklyn) Latins, blacks, poor, students.

Replace judges whose parents came from a non-EU country or any non-Christians.

Limit rights of non-Christians, Muslims, gays, Indians, Asians, protesters, press

Increase debt and devalue debt. Let Mexico pay for the Wall by taxing imports we buy

Create tariffs on imports so we pay $6,000 more for stuff we buy. Middle class tax.

Trade pacts are no good for us and no good for our workers.

Abolish IRS, EPA, Education, Dodd-Frank financial protections, consumer protections

National right to buy and carry any firearms anywhere anytime by anyone age 2 and up.

Install voter ID restrictions designed to lower Dem voter participation – proved in court

Install state gov that cuts Medicaid, education, federal payments, infrastructure like KS.

“Lust for executive power”—GOP House leader thinks Don wants to just snap fingers.

“I could stand in Fifth Avenue and shoot somebody and I wouldn’t lose any voters.” 

Don’s rallies begin with crazies denouncing supporters--thrown out as “protestors.” 

“The only thing necessary for the triumph of evil is for good men to do nothing.” E Burke

Don: I found my running mate: Ken Lewis. He doesn’t like Orlando’s non-whites.

            I just took $1million from campaign. I’m not a charity. I need to be reimbursed.

            I’ll help Christians dominate American social life: remove church/state barriers.

            It’s “my greatest contribution to Christianity” advisors Michele Bachmann, Ralph Reed.

            ‘I’m really rich, I don’t need donors. Fundraising for to make wealthy feel good.     

            I’m in Scotland to open golf biz since I still have a job (Scots love me I’m sure!)

            I don’t care if Reagan gave 2.9 million illegals amnesty “legalization” in 1986.

Hill:  Looks like 1964 all over again. Goldwater had similar message for racists and lost.  

Paul: ‘This is one of my big concerns:’ Don’s “lust for executive power.” He’s OK now?

           

Bern: “It looks like I will not be the nominee.” More energy than Hill! 2020?

            Millennials, wanting to remain, did not turn out like older BRexit voters

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.” (GOP bill requires impossible: every person in class action suffer “same type and scope of injury”)

               Supremes stop us from suing—State courts no longer available to sue corporations!

.Congress votes for more killings: terrorists on watch list CAN buy assault weapons.

.GM wants judge to dismiss claims that your car lost value when recalled 

.Judge: KS can’t bar DEMS from voting because non-KS form to register, yet KS does.

.NJ says NO to more open carry guns—Christie embarrassed—NJ is NOT wild west!

.Nissan recalls 60000 Q50 for steering problems with software.

.Another child dies handling gun with no safety. Guns kill people. Fear not crime drives.

.Fiat/Jeep with trans problem kills Star Trekker Yelchin—Grand C rolls in ‘Park’. 

.Hyundai Kia recalls 400,000 cars and minivans many things wrong.

.NYC rescinded Don’s property tax rebate meant for middle class homeowners. What?!

. Merrill Lynch fined $415 million for using customer cash to generate own profits 

.VW pays $10.3 billion to settle claims from diesel emissions cheating scandal

We need regulation—GOP wrong—companies/cities wouldn’t fix bad products on own

SCAMS

Worst offender in 2007-8 mortgage crisis, Angelo Mozilo will NOT face Justice lawsuit

Why do star athletes have to prey on unconscious women? Too obnoxious or too mental?

Salesmen forgot to tell you: Is your car one of the most regretted cars sold?

Orlando killing was gay revenge?—self-hate crime—Muslims can’t be gay so terrorist

Muslim got FBI to start file on Omar—he was not radicalized enough maybe never.

Guns kill people many at a time. Congress fails to stop even highjacker terrorists.

Tombstone had gun control for good reason—it reduced deaths. Congress helps terrorists  

Ignoramus Award: Congress represents the American people. Right. Except on the topic of guns. This is the 3^rd rail that can kill politically. When assault rifle kills 26 kids and now 49 gays, is that enough to pass just a background check? Does your rep fear your vote more than NRA? Even in 1686, NJ recognized that people get afraid and into quarrels when they carry guns. 2^nd Amend was for militia not average Joe.

How our government wastes our money

Crazy Dems Go on Strike in Congress—Work stoppage to get a vote on guns

            Civil rights leader John Lewis and Katherine Clark conspire to force GOP action

            First time in US history House members sit-down strike their own jobs.

Zika protection used as tool to defund ObamaCare so not passed. FL hurting for $.

55 percent of Democrats say the Republican Party makes them feel afraid and

49 percent of Republicans said the same about the Democratic Party. Try socialism?

We are loaning Iran money to obtain Boeing jets ImEx bank and ex credits.

General Electric decided to move some production overseas to use foreign export credit.

Who owns your account now?

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts

Don's business is taking other people's money

Don’s business acumen is his greatest claim to be president … but

“Atlantic City was a very good cash cow for me for a long time.” Trump’s experience in Atlantic City gives clues to running America as personal business. He put up little of his own money, shifted personal debts to the casinos and collected millions of dollars in salary, bonuses and other payments. The burden of his failures fell on investors and others who had bet on his business acumen according to R. Buettner and C V Bagli. “There’s something not right when every single one of your projects doesn’t work out.” “People underestimated Donald Trump’s ability to pillage the company,” said Sebastian Pignatello, a private investor who at one time held stock in the Trump casinos worth more than $500,000. “He drove these companies into bankruptcy by his mismanagement, the debt and his pillaging.” America cannot use Junk bonds to get out of debt. America is not a deal he can use.

Avoid Don’s tax increase: https://www.amazon.com/Tax-FREE-Retirement-code-lifetime-income/dp/1475206976

Use your own tax shelter—your broker/advisor is retiring with his/her

Working people have their own tax shelter—the Roth IRA. The IRS § 408A is available from any large financial institution. You can contribute $5,500 a year to buy stocks, bonds, ETFs etc and let the assets grow tax-FREE. You can take money out FREE (contributions are FREE before 59.5 years; earnings are FREE after 59.5 years). You pay a little tax now (15% on $3,000 deposit) but NO TAX later (0% on $1 million). You deposit $99,000 total over 30 years and spend ALL $1,000,000 later. Even when they cut pensions and Social Security, you will have your million FREE of fed and state tax.

http://www.amazon.com/Working-Millionaire-Tax-FREE-Self-insure-Self-fund/dp/1460945484

Fix Social Security by having everyone pay same 6.2%

New report says just have everyone pay the same percent of salary. But they limit it to $195,000 salary. Why the limit? Some wealthy Congressman set the limit in 1937. It is regressive and needs to be changed. Poor pay higher percent than the rich. Currently, they don’t pay anything on their salary over $118,500. Why should they get a break like this? They get so many others—deduct stock losses, 2^nd home mortgages, mortgage insurance, rental property depreciation, investment expenses, business losses, salary deferral, retirement gains, etc. Social Security is the only income that the poor have: $1341/mo.

Avoid fed & state income taxes with IRS § 408A trust: https://www.amazon.com/Create-Your-Tax-FREE-Financial-System/dp/1466367466

Best investing strategy: Do Nothing—let compounding do the work

Fidelity study of which accounts did best: people who forgot their 401k and people who died. Best investment outcome for stocks long-term is to let the money work for you by compounding. Compound $9 a day to $900,000 in time. It can’t compound if you trade. Buffett: own the best businesses forever. It makes you wealthy. Traders only do well when they can move huge amounts of capital a short distance quickly. Most of us with brokers/advisors earn just 3.79% vs the market of 11% because we are afraid of loss or get greedy. Unless you know the next Amazon ($5,000 invested in Amazon ‘97 worth $1 million today), this is best deal. No timing, trading, charts, or broker/advisor.

Invest wisely: http://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

Millennials don’t understand diversification, risk, long-term

18-35 year olds are saving but don’t think about the “not all your eggs in one basket” problem. Survey says 49% reported having an “aggressive” risk tolerance and yet 65% said market swings make them uncomfortable. 72% said that a portfolio was adequately diversified as long as it includes a broad range of stocks. “These folks think a long-term holding is five years” according to Bill Finnegan, AMG Funds. Perhaps young people have not gone through the depressions and recessions to learn.

http://www.amazon.com/Millennials-Investment-Strategy-BEST-journey/dp/1533079242

What does the new fiduciary rule do for you?

Up till now, your broker/advisor/agent could make a lot of money from your retirement plans. https://www.youtube.com/watch?v=GB4LgkGXN8Y   They pushed variable annuities in particular because 6% of $250,000 makes their retirement sweet. Now they must “prove” that that rip is the ‘best’ for you. Most times they can’t because there are usually better outcomes for you (Not Them). However, it takes learning about your options and usually you don’t have a lot of time or knowledge. Low-cost always beats high-cost according to Morningstar so ask questions. Your advisor may not offer Vanguard or other low-cost options. They can still make big bucks from you by following an exemption (BICE) which requires them to claim they are acting in your best interests. So the new loophole is that if they don’t know any “low-cost is better than high-cost” products, they aren’t at risk. That’s like you telling the officer you didn’t know the limit was 25mph while you went 40. QED: Advisors are still salespeople.

Look before you leap: https://www.amazon.com/Fiduciary-Rule-BEST-dont-anymore/dp/1530980275

Is home equity the way to finance retirement?

The fact that many homeowners have all their wealth tied up in their homes and the home has tripled in value over the last 30 years makes this strategy appealing. Consider the benefits and costs. Retirees are homeowners. Of those with more than $100,000 in savings, about 90% own a home, according to LIMRA. Among those with less savings, 70% are homeowners. The ability to access home equity can save you from being forced to sell other assets at the wrong time. "That is really going to improve a retiree's cash flow, especially for people relying on withdrawals from their savings because they don't have a pension," American College’s Hopkins says.

Make sure you have enough before you retire: https://www.amazon.com/Are-you-ready-retirement-worst/dp/149100266

Is an HSA right for you?
High-deductible health plans are becoming popular. Is investing in health savings account right for you? Contributions are tax deductible when used for medical expenses (you don’t need to itemize your taxes). Some employers match contributions. Unlike with flexible spending accounts, however, your HSA administrator isn’t obligated to verify whether withdrawals are for eligible expenses. HSA money withdrawn for nonmedical purposes is also subject to a 20% penalty if you’re younger than age 65. Unlike the Flex Spending Account, you do NOT need to spend the account by year’s end. Some states tax the interest earned in the account. After age 65, funds can be withdrawn for any purpose without penalty. However, income tax is due like IRA and 401k accounts. You must choose the HSA. Not all employers offer it. There is no medical threshold for tax deductions so every dollar spent is deductible.

https://www.amazon.com/Health-Insurance-ONLY-right-policy/dp/1480125083

Retirees and Self-employed pay their estimated tax electronically

You can use https://www.eftps.gov/eftps/ to pay your quarterly taxes for FREE. This system can be used to automate payments from your accounts. It can used to pay any IRS tax. There is no need to send paper by registered mail and hope it gets there in time. Your confirm is electronic by setting up a payment due date at least the night before payment is transferred directly to the Treasury. It is secure. It has a voice response system (1.800.555.3453) to make payments too.

Control your taxable income and tax payments: https://www.amazon.com/Pay-No-Taxes-Retirement-legally/dp/1507527977

Does our President need to be smart and truthful? Do they even care about truth?

            (a summary of the GOP Presidential debates) (history: GOP has the final candidate by Feb 17)

            What does Trump’s National Socialism stand for?

Reinstate older white male value system: Make ‘WASP” America Great Again

Reinstate Christianity as the state religion—bar all others from public office

Reinstate Christmas and Christian observance in schools, home, court, etc

Put up a wall, end trade, bring back repetitive “robotic” jobs back from low wage areas.

Cut regulation of all business activity, lower wages for women, pregnancy

Increase subsidies to oil gas, corp farmers, Boeing, big business

Climate change is a hoax. Let oil companies drill anywhere. XL pipeline approved

Cut federal spending on health especially when control women clinics

Don will cut Medicare and SS benefits “if tax cuts don’t make big surpluses”

Cancel immigration for all from non-EU countries. Deport them

Replace judges whose parents came from a non-EU country or any non-Christians.

Limit rights of non-Christians, Muslims, gays, Indians, Asians, protesters, press

Cut funding for un-wealthy, poor, schools. seniors, underemployed, kids, etc.

Increase debt and devalue debt. Let Mexico pay for the Wall by taxing imports

Create tariffs on imports so we pay $6,000 more for stuff we buy. Middle class tax.

Trade pacts are no good for us and no good for our workers.

Abolish IRS, EPA, Education, Dodd-Frank financial protections, consumer protections

National right to buy and carry any firearms anywhere anytime by anyone age 2 and up.

Install voter ID restrictions designed to lower Dem voter participation – proved in court

Install state gov that cuts Medicaid, education, federal support payments, infrastructure.

“Lust for executive power”—GOP House leader thinks Don wants to just snap fingers.

“I could stand in Fifth Avenue and shoot somebody and I wouldn’t lose any voters.” 

Don’s rallies begin with crazies denouncing supporters--thrown out as “protestors.” 

“The only thing necessary for the triumph of evil is for good men to do nothing.” E Burke

Don: Voters don’t need policy position papers. “It’s just a waste of paper.”

            “They know you’re going to do a good job once you’re there.” Logic fails!

            I was right “I am trying to save lives and prevent the next terrorist attack.”

            I ban Wash Post and any media who aren’t “fair” in spreading my message.

            I have secret memo that our President of the US is really a traitor: a shill for ISIS.

            I accuse US soldiers of stealing money in Iraq—one answers--thieves were jailed.

           

Hill:  Hackers got my files on Don and my real constituency. Oh my words!

            Looks like 1964 all over again. Goldwater had similar message for racists.

Paul: ‘This is one of my big concerns:’ Don’s “lust for executive power.” He’s OK now?

            Don’s statement “is definition of a racist” but GOP has to go to dark side now.

            He said he could kill people on 5^th Ave and not lose support—He’s right! Scary

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.” (GOP bill requires impossible: every person in class action suffer “same type and scope of injury”)

               Supremes stop us from suing—State courts no longer available to sue corporations!

.Is it time for the big one in CA?

. Robert Olins CT caught selling stock illegally—fraud to avoid paying fine.

. Owen Li caught lying and cheating $57 million, confesses, and gets out of 5 yr jail.

.TN lawmaker giving assault rifle AR-15 as door prizes for fund event: after Orlando 2.

.Orlando gun store warned FBI: killer wanted body armor and more bullets.

We need regulation—GOP wrong—companies/cities wouldn’t fix bad products on own

SCAMS

Fake IRS caller ask students to pay a bogus student tax or face arrest or other penalties

Ignoramus Award: GOP McCain said Obama was "directly responsible" for the Orlando attack because Obama executed Bush’s 2008 agreement to leave Iraq.

Don and GOP deny warming. Greenland recorded its warmest temperature EVER: 75. Ice melt season began a month prematurely.

How our government wastes our money

US spent $10 million to learn kindness interrogation techniques wins, as per old Nazi

CIA torture in our name explains why we are hated by so many

Taliban now holds more ground in Afghanistan than at any point since 2001.

Who owns your account now?

LinkedIn to MS. Is it worth $26 Billion? A website equal to HP or Marathon Oil in market value?

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts 

Trump--Welfare King congress' loopholes made

Welfare King’s Victory Fund members let US pay their taxes too

A vice chair of the Trump Victory fundraising committee didn't pay a dime in state income tax from 2012 through 2014. Like Trump, billionaire Diane Hendricks, has a history of paying nothing. Trump claimed he had negative income in 1978 and 1979. How do you get "negative" income? You deduct ALL your expenses from running many casinos into debt. Trump has echoed former head of the Helmsley hotel, “only the little people pay taxes.” Trump tax returns for recent years have not been released. It is difficult to determine how much he paid in the years of his three bankruptcies.

Create tax-FREE income—avoid paying their taxes.

https://www.amazon.com/Only-little-people-pay-taxes/dp/1478222441

Use your own tax shelter—your broker/advisor is retiring with his/her

Working people have their own tax shelter—the Roth IRA. The IRS § 408A is available from any large financial institution. You can contribute $5,500 a year to buy stocks, bonds, ETFs etc and let the assets grow tax-FREE. You can take money out FREE (contributions are FREE before 59.5 years; earnings are FREE after 59.5 years). You pay a little tax now (15% on $3,000 deposit) but NO TAX later (0% on $1 million). You deposit $99,000 total over 30 years and spend ALL $1,000,000 later. Even when they cut pensions and Social Security, you will have your million FREE of fed and state tax.

http://www.amazon.com/Working-Millionaire-Tax-FREE-Self-insure-Self-fund/dp/1460945484

Best investing strategy: Do Nothing—let compounding do the work

Fidelity study of which accounts did best: people who forgot their 401k and people who died. Best investment outcome for stocks long-term is to let the money work for you by compounding. Compound $9 a day to $900,000 in time. It can’t compound if you trade. Buffett: own the best businesses in the world over time. It makes you wealthy. Traders only do well when they can move huge amounts of capital a short distance quickly. Most of us with brokers/advisors earn just 3.79% vs the market of 11% because we are afraid of loss or get greedy. Unless you know the next Amazon ($5,000 invested in Amazon ‘97 worth $1 million today), this is best deal. No timing, trading, charts, or broker/advisor.

Invest wisely: http://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

Millennials don’t understand diversification, risk, long-term

18-35 year olds are saving but don’t think about the “not all your eggs in one basket” problem. Survey says 49% reported having an “aggressive” risk tolerance and yet 65% said market swings make them uncomfortable. 72% said that a portfolio was adequately diversified as long as it includes a broad range of stocks. “These folks think a long-term holding is five years” according to Bill Finnegan, AMG Funds. Perhaps young people have not gone through the depressions and recessions to learn.

http://www.amazon.com/Millennials-Investment-Strategy-BEST-journey/dp/1533079242

What can you do when your 401k offers only high-cost options?

Employers are being sued for breaches of fiduciary duties such as offering only high-fee investment options in a plan. Employees are not taking poor outcomes anymore. It may take time to wade through the legal process as more plans erect barriers to complaints but your pension is at stake. Companies can set up whatever plan they want under ERISA. Often they put unfair costs on employees. Employers have time and money on their side so it may be easier and more beneficial to just move your 401k to a self-directed IRA.

http://www.amazon.com/401k-IRA-Tax-FREE-Tax-Deferred-retirement/dp/1475057938

More seniors working past 70

Some 23% of Americans with jobs said they planned on being septuagenarian employees, up from 16% in 2009, according to WTW. However, most do it from need. Employees who expected to work longer were "less healthy, more stressed and more likely to feel stuck in their jobs than those who expect to retire earlier." 40% of those planning to work into their 70s feel stuck in their jobs. Employees are more pessimistic about whether their generation will be "much worse off in retirement" compared with their parents' generation. Old age labor force participation over the past five years has increased in UK, Canada, and South Korea, jumping to 42%.

Invest $9 a day with the best Investment Attitude to retire earlier: http://www.amazon.com/Investment-Attitude-biases-that-being/dp/1533424519

Do you need estate planning?

Estate tax starts at $5.43 million in assets each spouse. There are tons of ways to avoid paying. If you have that kind of problem there are many lawyers who can fix it. Few if any family farm has been lost to estate taxes as the GOP claims. A little planning goes a long way for anyone with illiquid assets. For those who don’t plan, I vote we keep these taxes to offset the taxes they probably evaded before passing. You many not need the expense of a trust or life insurance (to pay the tax). You can leave your money NOW as gifts to the kids and grandkids each year. You can make it tax-FREE forever for them. You can pay for their educations. You can leave property, money or unused annuity to a not for profit. Make your own foundation to keep giving to your favorite cause.

http://www.amazon.com/Your-Retirement-Spending-Plan-enough/dp/1461084016

Do you really need mobile apps for your wealth portfolio?

Every wealth management firm in town is now trying to impress their high net worth clients by giving them access to their accounts by smartphone. But do wealthy people really need to use an app if they have a good advisor? Do you really need to track your wealth while you drive? Do you execute trades all day and night from home, office or the road? Why bother paying a broker if you are going to monitor or trade yourself by smart phone? RoboAdvisors offer those who can’t afford an advisor the feeling of having an advisor. 80% of “personal” portfolios are the same mix of assets.  Do want personal advice or just someone to hold your hand when you lose. Managing assets is NOT like balancing your checkbook online. If your strategy is long-term capital preservation, checking your asset accounts more than once a year can lead to market timing and underperformance. As Buffett says, “only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.” The average brokered account earned just 3.69% due to fees, timing, taxes and impulse buying.

http://www.amazon.com/Quantum-Uncertainty-Investing-3-69-11-11/dp/1502312557

GOP driving America to dictatorship and state religion

Senate leader OK with Trump racist remark on judge Go along no matter what says/does.

McCain, Ryan, McConnell, Rubio have all sold their souls to the dark side of politics.

TX county sheriff’s cars with Christian symbols: state sanctioned it. Ryan says Don’s statement is racist but backs him. GOP leadership bows to Don’s popularity just as Hindenburg’s officials gave legitimacy to Hitler.

Does our President need to be smart and truthful? Do they even care about truth?

            (a summary of the GOP Presidential debates) (history: GOP has the final candidate by Feb 17)

            What does Trump’s National Socialism stand for?

Reinstate older white male value system: Make ‘WASP” America Great Again

Reinstate Christianity as the state religion—bar all others from public office

Reinstate Christmas and Christian observance in schools, home, court, etc

Put up a wall, end trade, bring back repetitive “robotic” jobs back from low wage areas.

Cut regulation of all business activity, lower wages for women, pregnancy

Increase subsidies to oil gas, corp farmers, Boeing, big business

Climate change is a hoax. Let oil companies drill anywhere. XL pipeline approved

Cut federal spending on health especially when control women clinics

Don will cut Medicare and SS benefits “if tax cuts don’t make big surpluses”

Cancel immigration for all from non-EU countries. Deport them

Replace judges whose parents came from a non-EU country or any non-Christians.

Limit rights of non-Christians, Muslims, gays, Indians, Asians, protesters, press

Cut funding for un-wealthy, poor, schools. seniors, underemployed, kids, etc.

Increase debt and devalue debt. Let Mexico pay for the Wall

Create tariffs on imports so we pay $6,000 more for stuff we buy. Middle class tax.

Trade pacts are no good for us and no good for our workers.

Abolish IRS, EPA, Education, Dodd-Frank financial protections

National right to buy and carry any firearms anywhere anytime by anyone age 2 and up.

Install voter ID restrictions designed to lower Dem voter participation – proved in court

Install state gov that cuts Medicaid, education, federal support payments, infrastructure.

“Lust for executive power”—GOP House leader thinks Don wants to just snap fingers.

“I could stand in Fifth Avenue and shoot somebody and I wouldn’t lose any voters.” 

“The only thing necessary for the triumph of evil is for good men to do nothing.” E Burke

Don: I may have exaggerated Hill’s views on guns. I don’t really study too much.

            My one “African-Am supporter” was at Bernie Sanders rally the night before.

            Even McCain, who I said was not war hero will support me. I take GOP dark.

            No 2 man Christie silent on my judge problem—named Muslim judge in Passaic.

            I am not a racist: “my comments have been misconstrued” Some of best friends…

            I used to be for climate change controls, abortion, etc but …deal I couldn’t refuse.

            I refuse to pay bills when I don’t like the work or it took too long or whatever.

           

Hill:  I want Bern’s supporters so ask Liz or Bern VP? or go long with Kasick for VP?

            What is the point of an endorsement? I don’t think we’ve had a clearer choice.

            Don’s agenda is not America’s future.

            I may not have worked as hard as Bernie but I DESERVE to be prez.

Paul: ‘This is one of my big concerns:’ Don’s “lust for executive power.” He’s OK now?

            Don’s statement “is definition of a racist” but GOP has to go to dark side now.

            He said he could kill people on 5^th Ave and not lose support—He’s right! Scary

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.” (GOP bill requires impossible: every person in class action suffer “same type and scope of injury”)

               Supremes stop us from suing—State courts no longer available to sue corporations!

.Karen Bruton Hope Advisors caught “scheming to collect extra fees” from wealthy

.Intercept Corp, Bryan Smith, Craig Dresser caught with illegal account withdrawals.

.Oppenheimer caught selling risky funds to risk-averse customers again

.MorganStanley caught leaving door open--security lapse on customer data

.VW supervisors moved to destroy evidence of diesel cheating in 2015. Clearly knew

.Admiral caught taking kickbacks and sex from vendors of ship supplies

.2^nd Amend: “regulated militia” gun—the long rifle—not hidden gangsta gun.

We need regulation—GOP wrong—companies/cities wouldn’t fix bad products on own

SCAMS

Ignoramus Award: Our Fed approved 4 cyber thieve requests to send $81 million from a Bangladesh Bank account to them even after the thieves’ initial request had been denied.

MorganStanley, a traditional broker will sell ETFs--INDEX funds but at what price?  

7 cars people regret buying—Chevy, BMW, Buick, Nissan, etc

20 more to avoid at all cost: Caddy, 500, Fiesta, all unreliable in extreme!

Cell phone kills 2 men on road and gets only misdemeanor charge. 

How our government wastes our money

Zika protection funding denied by Congress so more babies born need costly treatments. House GOP bill for HALF & exempt pesticide manufacturers from the Clean Water Act. Nothing for FL PR now!

Scientists on grant say archerfish can distinguish human faces

$1.6 Billion to Iraq army and still can’t protect their home.

Obama ups commitment to Afghans—reverse the disengagement—copy USSRs war

Who owns your account now?

John Oliver just bought $15 million medical debt and cancelled it. Who pays the taxes?

ISIS members from the West “pleading” for help to escape back to civilization-TV show?

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts 

Don just shifted his tax bill to US

Don’s tax bill shifted to you and me

“Mr. Trump is proud to pay a lower tax rate, the lowest tax rate possible.” –that is 0%, NO TAXES. We will have to pay his portion since he has just signed a paper “moving” his 542 income sources to Delaware. This allows him to avoid tax on his income from US and foreign-registered trademarks. Royalties from the use of his name and properties will no longer be taxed. Since some are assigned to foreign firms, it is assumed this is substantial tax savings. Moving the trademarks to his new company, DTTM Operations LLC, will enable Don to avoid other states’ income taxes on royalties paid for their use. Don just moved trademarks to Mexico for bricklaying? air-conditioner repair? and street cleaning? Don valued all this activity at more than $3.3 billion. He reported income from royalties at up to $56.1 million. While avoiding taxes, he can use the trademarks as collateral for deductible loans. Don’s “heirs could then benefit from any appreciation in the trademarks without paying gift or estate taxes,” a lawyer said.

All this paper-shifting could leave you and I with a big tax bill. Avoid it: http://www.amazon.com/Build-Your-Tax-FREE-Wealth-Reserve/dp/1456505041

Why aren’t we getting rich? Attitude?

If the economy is getting better and employment is up, why are we NOT getting rich? The 1% club requires more income and worth to get in. Big business is getting bigger, and workers’ slice of the economic pie is getting smaller. Research shows a surprisingly tight link between the two phenomena: The share of the pie that goes to workers has been shrinking most in precisely those industries where ownership is becoming more concentrated. Capitalism doesn’t work when competition is reduced. JPMorganChase found that in many sectors the 50 largest companies sharply increased their share of industry revenue. The share that goes to workers got smaller in those industries. For instance in transport/warehousing, workers lost 7.6% share of the value added. Railroads are very profitable but there are fewer well paid workers. Health-care went the reverse since it is less concentrated. When competition is reduced, business can charge more and unions have less power. Invest like a business person—use the Buffett strategy!

Make the most of your wages with the right Investment Attitude: http://www.amazon.com/Investment-Attitude-biases-that-being/dp/1533424519

GOP-run states hit schools, infrastructure, education, gun control, regulation, virus

Court of KS says if GOP can’t fund schools fairly then can’t open in Fall.

OK allows guns without reg or training. “It’s our God-given right.” 30 states now.

60 % GOP feel helpless about the 2016 election. Party is non responsive.

KS excludes thousands of voters from voting on technicality—Never asked for papers

AL Supremes head sues state in Fed court he denies has jurisdiction—GOP crazies!

KS tax cuts are ruining the state—lost $74 mill - no money for roads, schools,

MI gov helps Don by NOT endorsing him

GOP House does NOT help FL GOP fight Zika—FL begs Obama for Exec Order?

OH voters will be taken off voter rolls without their permission or knowledge.

‘Trump effect’ inspires thousands of immigrants to join US before he cuts them off.

What would you do over again (if you could)?

The majority of people have few regrets in their life. Most of us make the most of the cards they are dealt. Here is where we would improve if we had the chance: No 1 on the list—invest early. We learn later that compounding our savings really works if we use stock mutual fund earnings from the start. If we invest just $166/mo for 8 years ($16,000) by age 26, we could have over $1 million for retirement.

Use your Tax-FREE IRS account and spend it all: http://www.amazon.com/401k-IRA-Tax-FREE-Tax-Deferred-retirement/dp/1475057938

Do you have enough in your virtual Social Security account?

Do you know what your Social Security benefits are worth? How big of a nest egg would you need to receive the benefits you will receive every month? We assume you and I will receive the average benefit for the average number of years in our lifespan. The average is $1,328/mo. the average benefit period is 20 years. The maximum is $2,663/mo. Some receive benefits to age 100 or more. Using our calculator, we can estimate how large our virtual SS account has to be. Vanguard retirement income calculator shows that you have at least $400,000 in your virtual account. https://retirementplans.vanguard.com/VGApp/pe/pubeducation/calculators/RetirementNestEggCalc.jsf

So if you did not have a SS benefit coming to you, it would take an investment account of about $800,000 (before taxes) to replace your benefits. Your SS account may have $1.2 million if you receive the max benefit and live to age 100.

Just in case you can’t live on $1,328 a month, invest $9 a day now: http://www.amazon.com/Get-What-You-Want-FINANCIAL/dp/1514751151

Tax-FREE IRS account gives you $25 extra for every $100 you spend

The Roth IRA allows you to keep all your earnings tax-FREE. While others are paying tax on their deferred 401k and IRA accounts in retirement, you will spend $30,000 for every $3,000 you invest with NO income tax. No Fed or state taxes. If you invest $250 a month, $3,000 (average tax refund) a year, you will have $1 million in retirement. Since you already paid tax on the $100,000 you contributed, the $900,000 is earnings and it’s all tax-FREE. If you spend $5,000 a month, $60,000 a year, you avoid $15,000 in Fed & state taxes. Since you have no taxable income, SS benefits may be tax-FREE too.

Go tax-FREE: http://www.amazon.com/Tax-Shelter-Young-Americans/dp/1500426520

Millennials are better educated but not in financials

Millennial women have made up the educational gap that used to exist between women and men, but they still lag in income earnings potential and in the percentage of their personal income they’re saving for retirement, according to new research from T. Rowe Price. “Millennials are the biggest generation. They are the future, and women have made up the educational gap in the workforce,” says Anne Coveney, senior manager of retirement thought leadership for T. Rowe Price. “Millennials have invested in educational attainment but they are saving a lower percentage of their personal income than men,” she adds. But women live longer than men so need more retirement money.

Save just $9 a day for $6,666 a month later when you need it:  https://www.amazon.com/ Millennials-Investment-Strategy-BEST-journey/dp/1533079242

If you have over $3 million to invest, Bank America has an “advisor” for you

Otherwise, your advisor is probably hard to find. New rules have made it more difficult for your advisor to take high fees from your under-$1-million account. Fiduciary Rule issued by Obama’s DOL says advisors must offer you the BEST product for you and not the highest fee plan available. But most firms do not offer the Best product for you so they will switch you to an account the takes fees each year—making up high fees over time. So instead of 4.5% now, you will pay 1% plus 1.3% each YEAR: $4.4 billion 2016.

See how Fiduciary Rule can save you up to 63% of your lifelong costs: http://www.amazon.com/Fiduciary-Rule-BEST-dont-settle-anymore/dp/1530980275

How well do the 1% live?

The top 1 percent of American households now controls 42% of the nation’s wealth, up from less than 30% two decades ago. The top 0.1% accounts for 22%, nearly double the 1995 proportion. Inequality may be a powerful force in this year’s election but for our businessmen it represents something else entirely. From cruise ship operators and casinos to amusement parks and airlines, the rise of the 1% spells opportunity and profit. Private and separate banking, accommodations, rewards, housing, foundations, etc have created a new niche for profit and more wealth. Middle-class shrinkage means service providers ignore most customers and bend over for the booming wealthy. From 2010 to 2014, the number of American households with at least $1 million in financial assets jumped by nearly one-third, to just under seven million, according to a study by the Boston Consulting Group. For the $1 million-plus cohort, estimated wealth grew by 7.2 percent annually from 2010 to 2014, eight times the pace of gains for families with less than $1 million.

Business goes where the money is: Crystal Cruises will begin an airborne version of one of its luxury ships: a customized Boeing 777 that ferries passengers on 14- or 28-day trips around the world.

How well do they live: The Sky is no longer the limit—Bezos promises space by 2018.

Does our President need to be smart and truthful? Do they even care about truth?

            (a summary of the GOP Presidential debates) (history: GOP has the final candidate by Feb 17)

            What does Trump’s National Socialism stand for?

Reinstate older white male value system: Make ‘WASP” America Great Again

Reinstate Christianity as the state religion—bar all others from public office

Reinstate Christmas and Christian observance in schools, home, court, etc

Put up a wall, end trade, bring back repetitive “robotic” jobs back from low wage areas.

Cut regulation of all business activity, lower wages for women, pregnancy ‘inconvenient’

Increase subsidies to oil gas, corp farmers, Boeing, big business

Climate change is a hoax. Let oil companies drill anywhere. XL pipeline approved

Cut federal spending on health especially when control women clinics

Don will cut Medicare and SS benefits “if tax cuts don’t make big surpluses”

Cancel immigration for all the rapists and terrorists from non-EU countries

Limit rights of non-Christians, Muslims, gays, Indians, Asians, protesters, press

Cut funding for un-wealthy, poor, schools. seniors, underemployed, kids, etc.

Increase debt and devalue debt. Let Mexico pay for the Wall

Create tariffs on imports so we pay $6,000 more for stuff we buy. Middle class tax.

Trade pacts are no good for us and no good for our workers.

Abolish IRS, EPA, Education, Dodd-Frank financial protections

National right to buy and carry any firearms anywhere anytime by anyone age 2 and up.

Install voter ID restrictions designed to lower Dem voter participation – proved in court

Install state gov that cuts Medicaid, education, federal support payments, infrastructure.

“Lust for executive power”—GOP House leader thinks Don wants to just snap fingers.

“I could stand in Fifth Avenue and shoot somebody and I wouldn’t lose any voters.” 

David Riden Don’s delegate claims he will eliminate gov leaders not Constitutional

Don: ‘‘There is no drought.’’ “Water officials send it out to sea” Chinatown

            Suit against my U. judged by a ‘Mexican Gonzalo Curiel who hates me.’ Paranoia

            World leaders endorse me: North Korea endorses 'wise' Donald – Dictator likes.

            “You make me look very bad. I have never received bad publicity for a good job.”

            TheU “preyed on the elderly and uneducated to separate them from their money.” 

            I never ‘settle’ lawsuits—just encourages more—Oh yeh, I did settle 100 plus.

Hill:  Voters don’t know my vision for America? The things I am “passionate” about.

            “I didn’t break any rule/law. Other SecState did same. 

Paul: ‘This is one of my big concerns:’ Don’s “lust for executive power.”

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.” (GOP bill requires impossible: every person in class action suffer “same type and scope of injury”)

               Supremes stop us from suing—State courts no longer available to sue corporations!

.41 Secret Service caught leaking personal info of congressman who scrutinized them.

. Jason Gill Javier Rios JSG Capital caught stealing $5.5 mil in Ponzi fake IPOs 

.Lynn Tilton Patriarch caught hiding poor performance & collecting $200 million fees.

. Steven McClatchey Barclays, Gary Pusey, his plumber caught insider trading $76,000.

. Toyota Fiat Chrysler Volkswagen Mitsubishi selling new vehicles with defective bags

.Nissan SUV 80,000 brake light stays on recalled

. Erik Dekker Netherlands caught using “caging service,” to steal $18 mill from seniors.

.Charles Liu Xin Wang, CA, caught offering visas and cancer center takes $27 mill

.Brain damage repair new stem cells give life to stroke victims. Went home same day!

.Price break: synthesizing genomes to grow human organs for transplantation.

We need regulation—GOP wrong—companies/cities wouldn’t fix bad products on own

SCAMS

Ignoramus Award: Fed with 50 cyber breaches 2011-15 shows FOIA report heavily             redacted so the public NOT thieves, cannot see “security procedures” ? What?  

State Dept doctored tape of questions about Iran deal, then lied about it, lied again.

How our government wastes our money

More planes we don’t need with money we don’t have—cut food stamps, etc          

30 admirals caught in bribery and skimming of $ millions from Navy 7^th Flt. Fat Leonard

Transgender teen (girl at birth) banned from boys room. Boys don’t bother Gavin. 

Air shows: A Blue Angels and Thunderbird crashed in two separate incidents yesterday, 1 killed

Who owns your account now?

 Saudi Arabia announced a $3.5 billion investment in Uber

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

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