Best New Year Resolution: Start Wealth ReserveTM Jan for $1 million later
Every retiree has told me they wish they had started investing
earlier in their life because it is TIME and not brilliant money
management that provided their best strategy.
The Miracle of Compounding earnings,
interest and dividends every year turns $250 a month, $99,000 over time into $1
million. Each $250 invested is worth $2,525 later.
Many said they did not miss the $250 a month because they
had it debited from their account automatically. They said they checked their
401k or IRA account only once a year. It always seemed to go up so they did not
worry. Some just did not think about the account at all because they were
saving for retirement and it was a long way off.
Give YOURSELF the gift that keeps on giving: https://www.amazon.com/Miracle-Compounding-Turn-$9-day-into-millions/dp/1470176513
Young investors who bet against election lost 27%
Thinking the defensive market—gold and silver—would soar
because Trump won young
investors bought metal ETFs and sold bull market index ETF. The average
performance of the five ETFs most favored by millennials since the election fell
27
percent. When we try to time the market with tactical trades, we turn
into adrenaline junkies, choosing triple-levered oil ETFs and other products
that have up to 14 times the volatility of the S&P 500 index as our
preferred trading vehicles. Index up over 12%.
Leave your money alone to work: https://www.amazon.com/Best-Robo-Advisor-Ultimate-Automatic-Management/dp/1537111957
Happy NEW Year—Mutual Fund Fees Fall
Vanguard
cuts fees again as investors flee remaining “high-cost” managers. If you
used the 30
year old 500 Index, your account went up nearly 12%. If you used an
advisor, you probably saw 2% less. Two percent less every year you invest for
retirement could cut
your potential nest egg by 64%. Why? Miracle of Compounding works in
reverse too. Unless your advisor is able to beat the market and the fees over
time—and few have done it—you are only hurting yourself. Vanguard cut fees
because we investors own Vanguard and as it drains
the for-profit fund families, we benefit from ‘buying in bulk’. We go to
Costco for the same reason. Fees are important as this young man told
his father.
The Vanguard Top Ten earn 11.5% over time:
2016 Total Return Fund Long-term Return Longevity
11.9% 500
Index 10.9%* since 1976
33.1% Energy
10.9% since 1984
16.1% Extended
Market 10.7% since 1987
-9.0% Health 16.4% since 1984
1.7% International
Growth 10.0% since 1981
10.7% PRIMECAP
13.4% since 1984
18.3% Small
Cap Index 10.7% since 1960
8.1% Wellesley
Income 9.9% since 1970
12.5% Windsor
11.3% since 1958
13.4% Windsor
11.7% Average
11.5%
*Average Annual Returns as of 12/31/16 .
Create your own $1 million future without advisor
fees that can take 63% of total:
FREE tax preparation
Advertising to you is how they pay for free credit score and
free tax preparation. https://www.creditkarma.com/
needs your eyes to obtain dollars from sellers of financial services and they
give you software to file federal and state taxes at no cost. If you need to
file a simple return, this is the cheapest way. The IRS has a topic
look up so you can find the answer to your question easier than waiting on the
telephone for an operator to answer: https://taxmap.ntis.gov/taxmap/
You can do your federal online FREE using commercial sites through the IRS https://www.irs.gov/uac/free-file-do-your-federal-taxes-for-free.
These sites charge for a state return. You can also use a local AARP tax aide
office. http://www.aarp.org/money/taxes/aarp_taxaide/
AARP does not discriminate by age or income so they can usually take care of
most people. Best tip: deduction for
IRA contributions and tax
credit $2,000 subtracted from tax you owe. Double Pleasure.
Take your Tax Credits like The Don: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382
GOP religion has captured every president—will Trump
surrender?
Our past presidents have given into the temptation to remake
the world into our image of a Christian evangelical nation. Nation-building
has been our undoing. In arrogantly thinking we could redeem
the world’s peoples by either saving them for Christian democracy or saving them
from ‘godless’ faiths by destroying them, we waste a lot of human and monetary
capital. Remember Bush II promised NOT to listen to that siren song. Bush II
listened to his advisors and invaded 2 countries. We have spent $ FIVE
TRILLION so far. At least 1 million human
beings are dead. We have redeemed no one and we owe about $5
trillion to other countries,
including China.
The Don has promised his Wall, more nuclear bombs and more
military by cutting health care and SS benefits. Can he avoid evangelizing?
GOP health care plan to replace ObamaCare is old tax
credits—we pay, then deduct
If you can find coverage under TrumpCare, it may not provide full
comprehensive care—all the requirements for free screening and coverage under ObamaCare
may be gone. Trump never had to shop for affordable family coverage. Millionaire
congressmen receive full coverage (even if sick) paid by taxpayers but they
have voted 60 times to reduce/cancel ObamaCare. They don’t realize how hard it
is to get coverage. They reject the mandate that eliminated the junk policies
that were sold to low-income folks. These plans
paid little or nothing because there were no minimum requirements. GOP
rejects the law because it did not reduce costs. GOP plan
will provide tax credits to offset part of costs of new stripped-down plans. GOP
thinks consumers will force prices down by rational buying. We will have to
navigate the details of the new plans despite the fact that hospitals
and doctors
do NOT publish costs or success
rates. Lobbyists insist marketplace competition reduces costs like buying TV.
But without preventive care, emergency care will become the norm again. Many
states will stop offering expanded Medicaid coverage to the working poor. They
can’t afford it without Fed help.
Use your tax credits wisely: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382
The Don says he knows more than the CIA FBI about Russia ’s
hacking our elections: “I also know
things that other people don’t know, we they cannot be sure of the
situation.” Promise to tell his secret on Wed: broke promise and we are tired
of lies
In rare event, Fox retracks claim on food stamp fraud but uses
wrong data—Fox=Lies
GOP conned Trump on plan to replace ObamaCare—tax credits
and voucher
He does not check rightwingwatch.org/
factcheck.org/ to verify the
information used to rule us.
Will he push the
nuclear button by mistake?
We are entering the Twilight Zone:
"There is a fifth dimension beyond that which is known
to man. It is a dimension as vast as space and timeless as infinity. It is the
middle ground between light and shadow,
between science and superstition, and
it lies between the pit of man's fears and the summit of his knowledge. It
is an area which we call the Twilight
Zone."
Rod Serling
THE DON’S 282 PROMISES
Deportation,
The Wall, Re-Create Jobs, NO Abortion, No ObamaCare, More Guns, No Muslems,
Reprochmont
with Russia, Christian
nation, Jail
Clinton, Kill Terrorists and Family, Torture, Cancel
Iran deal, Cancel
EU-NATO, Term
limits, Replace VA head, Coal
Steel Infrastructure, End
drug monopolies, Tax imports esp Ford, Grow 6%, Cut Deficit, Separate
banking speculation, Cancel Consumer
Protection Act, Change libel
law, outlaw
flag burning, End
own biz ties, End
endless tweets, Cancel
Fiduciary Rule, Wealthy
tax break, No tax income <$50K, tax profits
sent overseas, Change
Washington, Change GOP, Change, Change, It was rigged! … so I would win!
Like mafia
family, The Don has never had a boss, no
corporate board to question his acts!
Remember, Don Trump
is still a contractor from Queens NY, just richer than most.
“Trust
only family” “I'd love to have Jared
helping us on deals with other nations and see if we can do peace in the Middle East ”
Ivanka met with Japan
The Don keeps “friends” the mob closer than enemies—150
own his future income
Worries about old TV ratings
holding up
The Don
Way : Making money from the Secret
Service and Top
Secret info for biz, an Audience
with The Don costs you $
Tweets misinformation
all night
Revenge
for social slights
Stiffs
his vendors $3 million
*
Promises and Actual
outcomes:
We’ve been trumped: You
and I will pay for his WALL; Mexico “repay later” is B.S. like his Scottish
golf wall, he builds it then sends bill, then writes cost off his taxes—so
we pay since Trump pays no taxes. Promised tax return and never delivered. Stiffs
vendors.
The Don defends Putin Great move on delay (by
V. Putin) - I
always knew he was very smart! Kiss Kiss; despite possible cyber
attack on VT utility. Russia ’s
hackers disguise origin by passing
leak email through 3rd party to Wiki. Would he dispute incoming
missile too?
GOP first act: get rid of their own watchdog—Congress Ethics
independent investigator.
The Don promised to share secret about hacking on Wed 1/4
but had no secret.
India
blames their women for men groping women in public like Trump “They
let you ..”
“Repealing ObamaCare” is war-cry past its prime and Trump
knows workers will be hurt
Repealing tax on estates over $11 million will cost
$269 billions: more loans from China .
Jay Clayton, SEC, former Wall Street lawyer representing
banks in suits against govt, will now be in charge of dismantling the regs
Trump promised to end. Fox guarding hens.
Tolerance is
un-American now?
Regulators are the only protection against corporations since we
can’t sue anymore
Wells Fargo caught not
providing equal opportunity to some brokers: $35 million worth
Equifax, TransUnion caught deceiving
consumers re: usefulness and cost of credit scores
Estate tax repeal changes
strategy for state tax avoidance—lawyers win
GOP told to allow banks to speculate
with our money for profit (kill the Volker rule)
We need regulation—GOP wrong—companies/cities
wouldn’t fix bad products on own
GM
killed 124 because ignition switch pin not replaced after knew it killed
first in 2006.
Police want gun control.
When everyone has guns; your
chance of being killed goes up. Police don’t know who to
shoot. They assume everyone has one and shoot
first. You and thief have guns. CO
schools now allow teachers/administrators to carry
guns in the classroom. Kid lesson! Since 2015, police have killed
86 people with realistic looking FAKE guns--suicide?
Why police
shoot those who don’t lie down immediately—dementia, mental illness, etc.
Caller said
‘man
with gun’ so shot man w/o gun 9 times! Nine!
Police organization
issued a formal
apology for the historic mistreatment of minorities.
Trumpers want police to start buying
military weapons against civilians again.
SCAMS:
IRS does
NOT call, email to collect taxes—report to the Treasury
Inspector General Administration (TIGTA). They send letter called CP or LTR
Ignoramus Award:
Dog
bites owner trying to force it into Ugly Sweater in FL. No one wears
sweater in FL
Palin and Hannity now think Wiki
Assage is hero; last year he
was al-Qaeda
How our government
wastes our money
Wars not declared cost $5
TRILLION so far: We could have fixed EVERY bridge and road and created 4
million jobs.
Navy gets 9 new ships and no one knows how
much they will cost or if afford them
Bundy still owes US over $1 million and has not been
arrested or bank account seized???
Trump does not believe the CIA/NSA so let’s save
$400 million a year he believes Putin
Trump GREAT WALL will cost us $15-25 Billion—Mexico
will not have to pay
Where have all the
jobs gone?
There are many entry
level jobs which cannot support an adult or family because of low wages and/or
part-time hours. They attract only people who can’t read or follow instructions
so businesses complain about schools. Cycle: low pay poverty = low skills = low
pay jobs outsourced. America’s
average income has not risen since 1970 but prices have.
Macys
cuts 10,000 jobs closes 68 stores, Sears Kmart closing
list
Who owns your account
now?
Legend
Group to Lincoln Investment Capital Holdings
Miracle:
$250 a month for $1 million tax-FREE when you need it.
IAN
41 Watchung Plaza, B242
973.746.2014
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