Your car premium and credit score
Insurance industry has your data proving that if you have a
bad credit score, you're more likely to slam on the brakes or step hard on the
gas. The premium you are charged is determined by your demographics: less
educated, unmarried, sell real estate. They released a
white paper that it says validates auto insurance pricing decisions
based on credit scores, marital status, education level and occupation. The
research paper says telematics data collected from January 2017 to June 2019
shows that two behaviors that are known to correlate with increased claims cost
— hard braking and hard accelerating — also correlate with insurers’ pricing
practices. However, credit scores may penalize people for events they cannot
control, such as loss of a job or a death in the family. The use of
credit-based insurer scores is banned in
https://www.amazon.com/Industry-Insiders-Guides-Buying-Insurance/dp/1466435712
Three principles of investing
One: no advisor, broker or Wall Street guru can predict the future of a security. Two: the more you pay for investing advice the less you get to keep. Your costs include fees, commissions, taxes, charges, and buying/selling at the wrong time. Three: over the long term, steady investing and re-investing provide the highest return. The Miracle of Compounding is the central factor in building wealth. Any person can achieve all three. John Bogle founder of Vanguard gave us easy low-cost index funds. Warren Buffett proved index funds beat managed funds. Senator William Roth gave us accumulation without taxation. Investing is easy but hard—hard to control our emotions.
https://www.amazon.com/Disruptors-Three-Innovators-increase-WEALTH/dp/1720857563
90% of wealth is controlled by 10% of the population
To prop up Wall Street wealth, the Federal Reserve, bought bond ETF mutual funds in 2020 and bailouts in 2008. That is, you and I as tax payers used our borrowed money to give money to companies so they would not go out of business and the wealthy lose money. When a government enters the private financial markets, this is a classic example of state socialism. “state ownership of the means of production, either as a temporary measure or as a characteristic of socialism in the transition from the capitalist to the socialist mode of production or communist society.” In a capitalist system, investors are rewarded if the business succeeds. If the business fails, the investors lose their money. In the American style of socialism, we taxpayers are forced to save the businesses that would have failed: “no-lose casino.” Our representatives write the laws (with lobbyists’ help) that allow this socialism to continue claiming that poor workers would suffer from lost jobs if government did not bail out failing businesses. Our representatives are elected using funds supplied by the businesses that receive the money. And why are we still giving subsides to Farm, Oil, Export businesses and our state/local money (gov subsidies) to big businesses like Royal Dutch, Intel, Alcoa, Boeing? Only socialist countries give tax money to private businesses and their wealthy owners/shareholders.
Socialism, American style: https://www.amazon.com/Americas-Socialism-Rich-little-people/dp/1535218584
How to eliminate your income tax
When you have securities in your Wall Street firm account, you don’t need to produce income the old fashioned way. Our tax system taxes “earned income” and capital “gains” when you recognize the gains from selling the asset. What if you don’t earn income or sell assets? What if you take a loan using your securities as collateral? A loan is not taxed so you don’t pay taxes on the money you have to spend. Many brokerage firms are willing to lend against up to 60% or 65% of a client's portfolio, depending on its level of risk. Morgan Stanley and Merrill are lending mostly to their proprietary clients. Anyone who wants to access low-interest cash without incurring capital gains and, more importantly, giving up the growth of the securities can do so. You can ‘borrowing on margin’ through your investment account or borrow against the cash value in your life insurance policy. If you never pay back the loan, your heirs can skip paying taxes too since the cost basis of the security or real estate will step up to the fair market value on the date of the owner’s death. This strategy is better than Trump’s trumped up real estate losses strategy since you don’t need to dabble in real estate or casinos to make it work. Avoid taxes even without borrowing from Wall Street.
https://www.amazon.com/Your-ZERO-Tax-Account-Wealthy/dp/1482772795
**********ACCOUNTABILITY**************
Like 1776, this
period is a test
of democracy—We
rejected an "American
fascist" once
Our Jan 6 ‘Truth and
Reconciliation Commission’
"Presidents
are not kings" but do delay
Bannon
above law: ignores Congress
Trump’s
CoS Meadows ignores Congress
Just a ‘riot’? Attempted
overthrow of US government Jan 6
Beware: our
police linked to Oath
Keepers
“we
don’t obey order we believe violates
Constitution”
Scott
Fairlamb, Jan 6 terrorist gets prison
How Govt wastes our money:
Drug
lobbyists claim lower prices mean we won’t get drugs anymore: just scare
tactic
Oil gas subsidies: we tax
payers still paying oil gas production after world declaration
Big
Coal lobbyist Sen Manchin has power to change US social & energy policy
GOP billionaire Langone giving money to Manchin
to stop pre-K, climate, Medi needs
Federal
Reserve created too much money since 2020: inflation
greater than wage hikes
270 billionaires
with $5.7 billion income got
stimulus checks: claimed ‘negative income’
Many middle-income
households would pay
more in taxes in 2022 unless have tax
haven
2/3
people making $1 million see a tax cut next year averaging $16,800: we pay
for it.
SCAMS/SPINS:
GOP: VA
folks don’t want their kids to “hear about Whites killing Blacks” anymore.
GOP: TX
folks don’t want their kids to read about “Whites killing Blacks” anymore.
TX
sex-race-book banning: teens may rebel and read all the books—OH NO!
At-Home
Abortion: choice for some women with new procedure/pill
FBI: unruly
airline passengers criminals? Unruly offered parachutes or sit/shut up
Only
58% US got vax: 765,000 dead: will you be next?
TX study: unvaccinated
20 times greater risk of Covid death:
Do
it for the kids: human community means NOTHING if a “personal decision”
TX Gov tells
“pandemic of the unvaccinated”: can
‘after pill’ save them and stop spread to me?
Religious ‘exemption’ to vax: all
religions recommend vax except made-up
ones
VA
women went GOP: Covid messed school year: Covid was Dem’s fault?
Biden vowed to close federal private prisons but prison
companies found loopholes
Andres Pena Meneses CA stole $50,000 promised
cure parasites & end family curse
Subscriptions you cannot cancel: illegal
subscription tricks and traps complaints up
Evan Neumann Jan 6 terrorist
applied for asylum in Belarus: FBI arrest?
John Piccarreto NY stole
$18 million 400 investors: promissory notes Ponzi: prison
Robinhood brokerage negligent: email hacker stole
5 million addresses
Fake
vax info: so
easy to spread lie: vax makes you glow, track, miss school, hated
Ellume
Covid-19 test kits recalled: high false positives—not accurate
Cheney: Trump “at
war” with Constitution: GOP “embraces the lies and enable the liar”
GOP OK with Gosar death threats AOC: ‘war
footing’ approach to overthrow our gov
How many 17
yr old have AK-15
to kill people who they think threat to them? You?
Jobs
Who owns your account now?
Lemonade to acquire
Metromile: pay
as you go car insurance
College fund
incentives: your
state may help you pay for college fund
Miracles:
9
year old saves her parents from CO death by quick knowledge of tech trick
50
cancers found with blood test but not approved yet
Tuvalu South Pacific
atoll losing land every year: melting
raises sea: Miami next
House
prices bottom as doomed Welsh village overcome by sea
New energy source: oceans
go up and down: making power for whisky
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
973.746.2014
www.InsuranceAdvisorsNetwork.com
Alerts available
at http://dankeppel.blogspot.com/
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