Friday, December 18, 2020

How we verify financial offerings are NOT scams

 How we verify financial offerings are NOT scams

Verify all the information you receive. Most of us get our news on social media. For instance here are 5 outright fakes thousands of us may take as true information. Twitter, Facebook, Google, and other sources are favored by most scammers since there is no editor checking the validity of the offers. Most financial scams are started online. Many of us are tempted to click on the email from imposters who use logos from our regular bank, online store and gov agencies. Recently I was informed that my PayPal account was suspended and I could fix it by clicking the link. I deleted the email and went directly to PayPal to verify no suspension. PayPal keeps a list of all the scams they see. Google News provides a “Fact check” blotter to highlight false/misleading info. Others like snopes.com/fact-check/biden-nephew/ track plain lies. We might be better off reading social media a entertainment not news. To verify any info or offer, I use traditional news organizations like AP, Reuters, NY Times, and Washington Post. We pay editors to check. When I read claims like a 7% annuity rate, for instance, I know they are fake--not possible. If I did not know about annuities, I would check widely regarded sources like Kiplinger, Money, DowJones, and an expert seller like immediateannuities.com/. Broker scams like Ponzi schemes are harder to detect since trust might exist. However, beware guarantees, high consistent returns. Confirm unusual behavior with the firm’s supervisor.

Better safe than sorry: https://www.amazon.com/Money-Scams-2014-insurance-financial/dp/1505437962

 

Why pay higher car premiums?

Errors in your credit report and score mean you pay more for car, home and life insurance. Clear up your ‘rap’ sheet so you know the ‘score’ before you shop for new credit. Most credit reports have errors others created. For instance, collectors place invalid or fake debts on your reports to coerce you to pay them. We have to clean up their mess. Credit is easy to lose with wrong info. My personal experience: bureau put another person’s (similar name) defaults on MY report. I was denied credit card and had to pay higher life and car insurance premiums. Can’t sue: government protects credit bureaus so their mistakes are never punished. Find and fix your credit reports before your rates go up: https://www.consumer.ftc.gov/articles/0151-disputing-errors-credit-reports. Paying $ hundreds to “protect your credit” does not actually stop bad things from happening. You can “monitor” your own credit and SS number abuse at no cost. You can get a free copy of your credit report every 12 months from each bureau: AnnualCreditReport.com  Check credit score: https://www.creditkarma.com/credit-scores. Insurers, landlords, auto dealers, banks, lawyers and lenders use your credit reports. Anyone can buy your credit reports.

Save on insurance: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

 

Need an extra $3,000 a year?

Save $3,000 a year on financial products/services you don’t need or get for less. We are living longer. We will need more savings for up to 30 years in retirement. Even if we work after age 67, we will eventually not be able to work. Planning for more income later requires we save more now, while we can. Compare what you spend to the US average household spending standard to see where you might save $3,000 a year. My reader’s biggest savings: $3,000 a year in money management fees/commissions. Example: $200,000 nest egg advisor fees 1.5% per year: Save $3,000 by moving to low-fee index account. $3,000 per year savings can add $350,000 to your funds in just 25 years; $1 million in 35 years. Avoid nursing home later.

Stop wasting you money: https://www.amazon.com/Stop-wasting-3000-every-year/dp/146108394X

 

Best gift for your child/grandchild

Don’t you wish your parents had started a tax-FREE investment account for you when you were young? You might be a millionaire already if they had bought Apple, Google, Microsoft, Amazon, Facebook, Berkshire Hathaway, Johnson & Johnson, JPMorgan Chase, Visa, and Procter & Gamble 10, 20, 30 years ago. Make sure you teach your kids how to create wealth the easy way by using compounding and low-cost index accounts.

According to Warren Buffett investing is not rocket science but just being patient: time. Most of my readers earn 11% a year on average.

Start today: https://www.amazon.com/Give-your-child-leg-manage/dp/1096505355

 

 

  

**********ACCOUNTABILITY**************

 

Like 1776, this period is a test of democracyWe rejected the "American fascist

 

 

GOP Supremes block American dictatorship

 

GOP Supremes crowned Bush II: Scalia stopped vote counts

 

Trumpists scare representatives with home bombings

 

Healing America begins with admission: 315,000 dead

 

Dictator’s advisor: “we want them infected

 

 

Our ‘Truth and Reconciliation Commission’? 

 

 

 

How Govt wastes our money: Our Representatives gave 3.7 Trillion to the wealthy

Congress says NO: Americans forced to steal food: 42 million in poverty: line for food

Congress ignores 885,000 new unemployed: talking for months: pawn in power plays

One man, McConnell, holds millions of lives in his hand: is this really our government?

 

Trump process: 'deconstruction of the administrative state' as promised: 315,000+ dead

Trump goes after endangered animals as revenge on nature lovers/anti-coal/oil/gas folks

 

Putin breaks our secret codes after we spent $ billions to protect them: get refund?

Biden saves us taxpayers 2.6 Billion on first day: Dictator’s Wall falls: symbol of fear.

 

The Emperor has no clothes: Trump con: “We keep going.”  Takes home $200 million

GOP claims rejected by at least 86 judges in more than 50 court cases: Insanity.

Trump’s lawyer, not our Attorney General, forced to quit or be fired for not lying again!

Trump gathers fellow travelers as Coup attempt continues: Will terrorists occupy WH?

 

Hacked federal agencies bought same software: easy hack by USSR: Putin laughs, Trump silent

Supremes again knock down public health for ‘religious’ events: mass infections OK

‘Religious’ nonprofits violate Constitution separation: pay GOP favorites for rulings 

Trump’s deal skills: US pays more for vaccine than EU. Refused to buy more early

 

Wealth spends the $3.7 T tax break: Lou Gehrig 1931 dirty stinky jersey for $1.5 million.

Tom Brady got $1 million instead of our small businesses: local stores 130 got no jobs

Fed will keep giving our cash to stock markets: wealthy won’t panic take their money out

 

SCAMS/SPINS:

Texas GOP: "law-abiding states" should "form a Union": TX leading Civil War II

Trump urges overthrow of government of GA, AZ: sedition charges in February?

126 House GOP pledged to help overturn legal election to install dictator: sedition?

Trumpers still think God chose Trump president 2nd term: “the winner pop into my head”

 

January House swearing Oath of office to Constitution or to Trumpism for 126 GOP?

Only 1 House GOP sorry GOP not support Constitution election process: Mitchell quits

Putin acknowledges Biden while House GOP still plotting to vote NO Jan 6 certification

Moscow Mitch finally got the OK to call Biden re: US election month later.

 

Secession talk in 17 states which backed TX move to overthrow US democracy

Admitted felon Gen Flynn says Trump still prez: ‘people decide not courts’ we did!

Will former General Flynn lead AR 15 terrorists to block Biden from White House?

Trump: I won so “I am not leaving” WH Jan 20: Biden may need army to oust him.

 

More fake posts to incite anti-vaccine movement: fake pic of MAGA rally

Local firefighters ignore danger, have party, no masks, get virus: now, houses burn.

Dodge City mayor quits after threats to life from anti-mask terrorists: US at war

Ivanka decides: “These blanket lockdowns are not grounded in science.” Let’s try an island

 

Alder Holdings failed tell buyers using credit reports to charge more for alarm services

CapWealth Advisors caught selling higher-cost funds overcharging w/o consent; no jail

Lay off 100,000 to keep company profits flowing to wealthy: 27 of the 50 largest firms

Brokerage Robinhood caught misleading customers on how it makes money 

Wealthy jump the line for vaccine: “If I donate $25,000 …” Concierge doctors for price

 

Card scammers: gas station swipe device takes CC strip #s: use credit not debit

Zoom phishing scams are the latest conduit for planting malware: “click to reactivate”

Least reliable vehicles by Consumer Reports: some cost over $90,000 pay more get less

 

 

 

IRS: Easy Steps to Protect Your Computer and Phone and Avoid Phishing Emails.

IRS: Free special ID protection PIN goes on your return so scammers can’t take refund

IRS: Previous tax returns available online: https://www.irs.gov/individuals/get-transcript

 

Is it a scam?  Check AARP scamline 877.908.3360.

 

Check IRS: https://www.irs.gov/newsroom/dirty-dozen-part-1-taxpayers-should-be-on-the-lookout-for-these-scams

https://www.irs.gov/newsroom/dirty-dozen-part-2-thieves-work-all-year-to-scam-taxpayers

Check Social Security: https://blog.ssa.gov/

Safeguard data: ConsumerReports help: https://securityplanner.consumerreports.org/

 

Jobs

Living longer means part-time jobs of all kinds: https://jobs.aarp.org/

Nurses will always have a job: traveling nurses in high demand; $5,616/wk

White House staffer got Covid 3 mo hospital: needs donations: no insurance no T help?

 

Who owns your account now?

Best time to buy a used car and save $1-3,000: Not Christmas; not new models’ day

 

 

Miracles:

Trump declines vaccine for WH: staff does not need protection [from hoax]: Con man

Can GOPs find their souls or has Trumpism destroyed them? Matthew 16:26

Rapid virus test at home no lab no doctor approved by FDA: Ellume & others

 

‘Legal’ drug dealers pay $65 million to help kill 470,000 people: no arrests for murder

 

We can apply for Medicare online: https://blog.ssa.gov/apply-for-medicare-online

We can apply for Social Security online: https://www.ssa.gov/benefits/retirement/

We can apply for health care online: https://www.healthcare.gov/

 

 

IAN

41 Watchung Plaza, B242

MontclairNJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts available at http://dankeppel.blogspot.com/

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