How to deal with the stock market fall

Make the New Year better

How to deal with the stock market fall

In every time period, low-cost funds beat high-cost funds, unbiased analyst Morningstar showed. The unbiased financial scorekeeper, Dalbar, has found that the average advisor-managed returns were 3.79% compared with the S&P 500 index of 11.06%. If inflation runs at 5%, your real returns are under ZERO. Few advisors can beat a low-cost stock index simply because of the costs. Warren Buffett bet $1 million that the Vanguard’s 500 Index fund would beat the returns of a stock picking guru and 5 hedge funds. He won. He also designated Vanguard low-cost index funds in his will for his heirs. Advisor managed funds underperformed indexes nearly 93% of the time. Over time, advisor fees, charges, trading and bad decisions will lower your total accumulations by 63% or more.

Buffett’s advice: https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592

 

How to start investing with $250 or less

If you are paying off student loans and trying to get your career going, you don’t have a lot of money to invest. If you are lucky enough to start a 401k or 403b at work, you can have the money taken out of your check so you don’t even get to spend it first. Some employer plans allow you to invest in a tax-deferred or tax-FREE account. However, if your employer does not offer these perks, you can start investing with just $250. After opening an IRA or Roth IRA at Vanguard, you can use their commission-free brokerage account to buy an ETF share. These are stock market index funds packaged like a stock. So one share of the total stock market index fund (VTI) costs under $250 due to the current sale (market down). Another strategy is to use your tax refund (average $3,000) to buy the low-cost 500 Index Fund so you can automatically invest $200 a month from your checking account. After 35 years, your $1 million is tax-FREE.

https://www.amazon.com/Tax-Refund-Millionaires-Let-Uncle-Help/dp/149595644X

 

Hope you did NOT buy crypto recently

Investors are fleeing riskier assets from tech stocks to cryptocurrencies. If you are investing for your retirement, I hope you did not put your money into ‘Bits’ and lose HALF your money. Tech stocks are the market driver and will be with us for the future. However, it is hard to pick the future winners. What to do? ‘Buy them all,’ John Bogle used to say. A low-cost index will help you get through this period since there will always be corrections and you just have to wait, as Warren Buffett advises. You can put your investing on full-time automatic and not have to decide when to sell or reduce your stock or bond complement. You can use a Target Retirement Fund like the Vanguard Target Retirement 2065 Fund (VLXVX). You can tell the trustee of your Roth IRA account to debit a monthly amount from your bank account. As you grow your investments tax-FREE, your trustee will move more of your money into the bond index inside your Fund. By the time you retire, you will have earned more than an advisor-managed account with less risk and all your earnings will be available tax-FREE.

Use the Best: https://www.amazon.com/Best-Robo-Advisor-Ultimate-Automatic-Management/dp/1537111957

Supremes caution employers about high annuity costs

The court said federal courts should look at more than a 403(b) retirement plan’s flexibility and investment menu size when deciding whether the administrators have met the Employee Retirement Income Security Act standard for the duty of prudence. Plan administrators must be concerned with costs as fiduciaries. They can’t simply offer participants’ preferred options and wave off concerns about the other options. This institution’s employees accused the fiduciaries of acting in an imprudent manner by offering plans with high record-keeping costs; retail mutual fund and variable annuity share classes with high, retail-level fees; and, in the beginning, an investment option menu that was too long and could have led to poor participant investment choices. The employees cited the withdrawal penalties and restrictions built in to a fixed annuity on the menu were too high. Lower courts (siding with the administration) were criticized for overlooking ERISA’s core purpose, which is to protect plan participants from an administrator’s failure to perform its fiduciary duties. TIAA, the annuity provider, claimed the extra costs are justified. The Supremes said institutions must remove “all imprudent investments.” Employees have lower-cost options.

https://www.amazon.com/Best-Annuity-Strategy-Income-Growth/dp/1497532019

 

Do seniors really need life insurance?

What is life insurance for? What do you expect life insurance to do for you? Why is life insurance so expensive? These are the questions I get from retirees or pre-retirees. The answer is really very individual and specific. Life insurance benefits are there to protect others against unexpected loss. But retirees know they are going to die and can prepare for that possible loss to their families. Life insurance typically protects against UNEXPECTED loss—when we are young and raising children and supporting a family. By the time we retire, most of us are not supporting a family with a weekly wage. If we are buying life insurance in retirement it is very expensive. Senior Life is typically issued without any tests. Thus if you are in good health, you are paying for all those who are not in good health. And life insurance is NOT a good investment. These are the typical rates for adults: Male age 71 pays $26.77 for $5,000 death benefit. $321.24 a year for 15 years (your life expectancy) costs $4,818.60. If invested, your $321.24 a month is worth $10,866. So depending on your health, don’t waste money on ‘death’ insurance.

Double benefits: https://www.amazon.com/Your-Plan-Live-Age-100/dp/1548180793

 

Excessive fees—savers giving up 63% of potential nest egg

Saving for any goal—retirement, home, education—is difficult enough but the saving/investing industry depends on overcharging for all its services. The wealthy owners do it because they can: “Many financial institutions obscure the true price of their services by luring customers with enticing offers and then charging excessive junk fees.” Regulators of financial services are run by and paid for by the industry itself. There is little incentive to give honest service at a reasonable price. “Over a 50-year investing lifetime, that little 2 percent fee will erode 63 percent of what you would have had. As John Bogle, founder of Vanguard Group, puts it, ‘the tyranny of compounding costs’ is overwhelming.” Low-cost passive investing funds have become the norm. With a little shopping around, we could pay 0.04% instead of 2.00% a year for quality money management. Instead of having $ 740,961 for retirement after 35 years of investing $250 a month we could have $1,243,368. And using a special IRS account, it could all be tax-FREE. Contribute $105,000; spend $1.2 million.

Avoid the middle person: https://www.amazon.com/New-American-Retirement-System-ReserveTM/dp/1461030072

 

Excessive health care costs: “high-cost, ineffective care”

What’s wrong? Two patients can get the same procedure and pay wildly different prices, according to a new study. “The same patient with the same insurance plan could go to another hospital five miles away and again see a significant change in what they owe.” "Perverse incentives": Why the healthcare market is motivated to provide high-cost, ineffective care. Profits rise when higher dollar claims increased—patient health is not measured. More profit from $4,007 claim for an ICU room vs $3,481 for another plan’s claim. This $526 difference goes straight to the bottom line. The Hospital Price Transparency Rule was supposed to reduce price by competition with transparency. However, this has not happened. Most patents never see the price list for their procedure. Most people just do what the medical “gods” tell them to do. For example, my doctor prescribed Januvia for type 2 diabetes but it cost $500 ($149 plan) for 30 days. I did my research for a low-cost substitute and asked her to prescribe glipizide instead. It cost $56 retail ($12 with my plan). Januvia generated $5.9 billion in sales last year. The low-cost treatment was effective in lowering my A1C. I do better with low cost financial services.

High cost is ‘ineffective care’ of your wallet: https://www.amazon.com/Pay-less-Get-more-investment/dp/1500598321

 

 

?**********ACCOUNTABILITY**************?

 

 

Like 1776, this period is a test of democracy—We rejected an "American fascist" once

 

 

The Path to Dictatorship: 2010-2030

 

 

Another terrorist goes to prison

 

Trump’s plan: Pentagon to seize voting machines

 

3 states: ‘brown shirts’ hunt voter ‘fraud’

 

Republicans in multiple states created forged election materials

 

 

UN-United States; 2 Americas

 

 

How Govt wastes our money:

Texas AG Paxton hiding his part in Jan 6 coup in DC: local DA enforces the law?

Giuliani's communications as a foreign agent considered for prosecution

Wealthy need not fear tax collector: IRS gave up on $1Trillion unpaid taxes: 0.6% audit

 

We have military people in uniform inside Ukraine: “training”: how Vietnam began

Each state competes to give our tax money to companies who ask for socialist gov bump

 

SCAMS/SPINS:

TX judge cancels gov worker vaxx mandate: GOP out to kill as many as possible 900K

VA parent threatens school with guns if require mask to protect all school kids/teachers

“March for Life” ends with March for Death: no choice for abortion; Vaxx gives Life

 

Few employers plan to drop vaccine mandate despite Supreme’s ruling against mandate

RFKjr wife disavows his claim that Covid mandate is worse than Holocaust victim’s death

 

Alex Jones refuses answer re Jan 6 failed coup: refuse on “ground it may incriminate me”

 

How autopilot cars go out of control and kill people: TV advert is not how AI works

Your cruise ship is about to be seized for fuel bill so captain avoids US: how to get home

We are easily mislead by selfish people: Tucker supports Putin’s position: has 4 kids here

 

Bogus cryptocurrency investments social media: send money for promised huge returns

German Nino caught stealing $5.8 million: fake transfers, fake returns, fake statements

Scammers love tax time: IRS sends letter not call; no offers for “pennies-on-the-dollar”

 

Students question our society banning books: preferred by dictators gov banning history  

 

CA town requires you have insurance when you own a gun: like car liability insurance

30 high-power gunshots coming from separate apartment complex kill loved one: 0 arrest

WI GOP to lower concealed-carry age to 18: all students can ‘pack’ at school: easier kill

 

Our future Senators have already been selected with cash from wealthy donors

GOP with help from DINO deny Biden’s Supreme replacement like RBG’s replacement?

Manchin now funded by GOP donors: “follow the money”: Dem in name only

 

Trump threatened GA to change voter count: illegal for president to change our votes

 

Jobs

Immigrant entrepreneurs and foreign genius workers are going where they are welcome

Google is training 100,000 Americans for vital jobs in data privacy and security.

GM retooling for EV in MI: 4,000 jobs build EV and the batteries

 

Who owns your account now?

Simple business pension plans: contribute up to $61,000 tax-deferred

Robo Advisor put out of business by UBS advisors: you pay more

These companies sell your data: you can make sure your credit history is correct

 

Mel Trump did not sell hat for $250,000: start “go fund me” account for new hat?

Average credit card debt: $5,525, down 14% in pandemic: where do you stand?

 

Miracles:

$15 hourly wage for 70,000 Fed employees: can you live on $510 net a week?

73-year-old woman lured her scammer to her home and had him arrested: one less threat

Second year in a row that Greece has experienced a freak snowstorm: new climate zones

 

Still claim your 2021 credit on tax return: Parents of children born in 2021, guardians

Kansas City Chiefs fans donate $178,000 to New York children's hospital after win

Regrow limbs with special chem mix Next “regenerative medicine."

 

Some student loans have been erased: get a letter after years of asking: Biden does it

 

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

Montclair, NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

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

  

Is your advisor’s “model” ETF option right for you?

 

Make the New Year better

 

Is owning a TIPS fund or ETF right for you?

A kind of bond issued by the US Treasury has complexities that baffle most investors who use them. They are not as simple as buying them to avoid losing purchase power to inflation. Many took the bait in 2020 with the promise of 5.5% vs -1.5% for the bond index. Semi-annual adjustments to the securities means TIPS are good at protection against unexpected inflation. So for most people, stocks will provide better long-term protection from inflation. For retirees, holding 10-20% of their bond allocation in TIPS may help settle out the stock market gyrations. Many retirees use high dividend payers to accomplish the same goal. The low-cost versions of all these options will do better than costly broker/advisor-managed ones simply because paying 2% to earn 5% provides you with only 3% net. The calculated yield is another big headache since not every fund is a pure TIPS play. Some add in derivatives to make their fund attractive. None of these offerings provides an inflation-busting guarantee. A better strategy is an over-weighted balanced fund plus diversified low-cost stock funds. Low-cost always beats high-cost.

https://www.amazon.com/Reset-Your-Retirement-Income-retirement/dp/1512304344

 

How can you deal with inflation?

Inflation of 7% is the running rate for the new year based on current price increases. Gas, food and rent-price jumps may have convinced you that something needs to be done. If you are an investor or retired person living on your investments, you may have heard the discussion of bond and stock prices changing drastically last month. Indeed, after the stock market index hit 28% last year, ’22 has taken some of your account balance away already. For those relying on their brokerage firm or advisor, the word from Goldman is: “Sticking with Stocks Is Best Bet to Beat Inflation.” Goldman favors equities in energy, financials, resources, real estate and infrastructure. Real estate has come off a year of over 40% but since the value of leases and contracts often rises when inflation increases, this will remain a good bet against inflation. Index funds usually cost much less than an advisor and so if most analysts think we will have single digit returns, Vanguard may be a better home to rest in 2022 than a full-service firm. Good health.

Use the low-cost leader: https://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

 

How to invest if you are NOT rich

There is a way to become rich even if you don’t have a lot of money and are not able to pick the next Amazon or Google stock. It requires you to wait for your money to grow by itself using the Miracle of Compounding. You know the principle of compound interest. If you lend a $1 to your bank, you will be paid interest each year. After 40 years, you will have $2.22 at 2%. Rates of interest are low right now, but in the 1980s, you could earn 8-12%. I saved for my first house down payment then. The stock market returns average over 11% over time, so you could have $80 from $1. If you could invest $100 per month in large company stocks, you could have $880,000 in 40 years. $100 a month is $3.34 a day. Almost everyone could do that if their mutual fund company could automatically deduct the $100 a month from their bank account. You would have to wait and never touch the money during those 40 years. Actually, fund firms have tested that plan: the highest accumulations were in accounts that the owner forgot they had. They left the account to compound by itself. Vanguard offers a low-cost large company stock fund that has returned 11.66% since 1976. Clients make money the ‘old-fashioned way;’ patience.

You should too: https://www.amazon.com/Just-Takes-Time-money-old-fashioned-ebook/dp/B07751F8N2

 

Can you trust online tax prep software?
If you use your prior year returns to guide you, you can easily navigate most online software tax services and save money. Most are free for Federal and some are free for some states. With direct deposit, you have the simplest and fastest way to do taxes. I have used a number of the services offered by the IRS-approved sites: https://www.irs.gov/ filing/free-file-do-your-federal-taxes-for-free. As an AARP tax preparer, I know some of these sites offer simple entry screens and good support. Even if you have a complicated return, these packages are manageable. As I tell AARP users, try to do your own taxes first then consider going to a costly preparer. The IRS has warned us that it is still doing last years returns so make sure you enter the correct amounts for the child tax credit and economic stimulus checks received last year. The IRS sent a letter to remind us. Beware of other tax preparers claiming FREE but add charges after you start. After 2-3 weeks, track your refund: https://www.irs.gov/refunds. If you need to know your previous year tax information, order a transcript from the IRS files: https://www.irs.gov/individuals/get-transcript. Your refund could pay for a secure retirement. $2,000 a year earns $500,000.

Let Uncle Sam help you: https://www.amazon.com/Tax-Refund-Millionaires-Let-Uncle-Help/dp/149595644X/

 

Is your advisor’s “model” ETF option right for you?

Model portfolio assets have more than doubled over the last five years. Many providers of models are asset managers, who stand to benefit from new cash flowing to their funds. Meanwhile, financial advisers have embraced them as a way to outsource allocation decisions so more time can be spent attracting and serving clients. “Investors who chase the recommendations also behave differently, as they pay less attention to both the price and the performance of the ETFs,” a new study found. Model providers recommend their affiliated ETFs more frequently, and these tend to have lower performance and higher fees than recommended unaffiliated ETFs. Over time, advisor and firm fees can take up to 63% of your potential earnings. Fees are guaranteed; earnings are never guaranteed.

Follow Buffett’s advice: https://www.amazon.com/Warren-Buffett-Your-Investment-Advisor/dp/1518690963

 

Is using an advisor right for you?

Many financial outlets claim that you can increase your returns by using a paid advisor. Consider the source: financial media depends on paid advisors and their firms for income so it makes sense to claim a paid advisor can help you. However, we all know that you can save big money by shopping direct—eliminate the “middle man markup.” Also, few advisors can beat a low-cost stock index simply because of the costs. The unbiased financial scorekeeper, Dalbar, has found that the average advisor-managed returns were 3.79% compared with the S&P 500 index of 11.06%. Warren Buffett put his money on the Vanguard’s 500 Index fund in a bet with a stock picking guru and 5 hedge funds. Buffett won the bet. He also designated the Vanguard low-cost index fund in his will for his heirs. Stock funds underperformed indexes nearly 93% of the time. Over time, advisor fees, charges, trading and bad decisions will lower your total accumulations by 63% or more. In every time period, low-cost funds beat high-cost funds, Morningstar showed.

Go with Buffett: https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592

 

 

 

 

?**********ACCOUNTABILITY**************?

 

 

Like 1776, this period is a test of democracy—We rejected an "American fascist" once

 

 

The Path to Dictatorship: 2010-2030

 

 

Terrorist attack fueled by propaganda

 

Congress fails to support democracy

 

Trump’s plan for coup

 

companies slam voter suppression laws, then donate to their sponsors

 

 

US civil war II

 

 

How Govt wastes our money:

TX already rejecting half of 700 mail-in applications for ballots: only GOP get ballot

Supremes decide Covid vaxx mandate cancelled: 865,000 dead: voted to continue deaths

Counties hide Covid death count: family/political reason fake causes: plague--1 million

 

SS benefit increase may raise tax bill: income threshold never adjusted: thanks Congress

10 wealthiest men doubled their fortunes: most pay lower tax rate than we do

Wealth group: “few if any of us can honestly say that we pay our fair share in taxes"

Wealthy tax-avoiders replacing residents of Puerto Rico: Beverly Hills in Caribbean

 

 

Manchin: parents waste monthly child tax payments on drugs instead of their children

Manchin coal company receives coal subsidies from our taxes: parties on houseboats

 

Biden spin to Putin: “any assembled units” NO; “Unassembled” guerillas across is OK?

Military bases near Ukraine: Black Sea region ground and air forces cost us $ millions.

 

 

SCAMS/SPINS:

OH Supremes cancel GOP election landslide gerrymandering: small step for OH humans

FL funds “brown shirt” type police use tips to arrest anyone allege violation of elections 

Don has to worry about kids spilling beans and FL mini-‘Reich’

Parallel: Al Capone, Don Trump: tax evasion case lies about assets and taxes

 

FedEx to use laser heat gun to deter should-fired missiles from packages

Tesla problems in heating/cooling of Model 3 and Model Y vehicles

Your 5G phone could crash airplanes: no one foresaw telecom conflict before today?

 

Martin Shkreli barred from industry fined $64.6 million Daraprim guage block generic

Metals.com, Chase Metals caught selling overpriced gold silver bullion $185 million

Scam: favorite digital and promissory notes easy to fake: large return for the risk.

 

Codie D. Malesker caught faking damage insurance reimbursement: jail 15 weekends

Perry Santillo caught stealing $100 million Ponzi scheme  prison17 years

Tesla on autopilot kills 2: driver not Elon indicted for manslaughter: No clapping in truck

 

Fake online offers: how to spot a fake website and goods

Fake QR codes to steal money: they direct people to malicious sites: just click delete

 

Millions of store & restaurant workers with Covid-19 are serving us: no sick days

 

Just dumb: GOP says life-saving Covid vaxx mandate is same as the Nazis killing Jews

TX GOP move to the right paid for by the wealthy: Porters, Wilks, Dunn

Mind control: powerful propaganda has convinced Trumpers that the dead don’t die

 

Jobs

Study shows college for some career degrees are not cost effective: nothing new

Hobbies That Help You Live Longer: Active outgoing social life

Home office deduction for your business: not for work from home

 

10 fastest growing 2022 jobs

Fastest job growth regions: hiring ID, WA, NC top list

 

Who owns your account now?

Even generic drugs have price increases as drug companies want higher profits

Auto insurance rates rise: time to shop for lower rates: bundling may not help

Avg monthly new car payment $636 a new high: same 70 month term

 

Activision Blizzard to Microsoft: Call to Duty for Mr Gates to play

Streaming costs more: look harder for free services

SEC makes it harder to find private co data: assures wealthy hide fortunes better

 

Miracles:

Cancer mortality rates continue to decline: lung cancer drop; no smokers

Free at-⁠home COVID-⁠19 tests: 4 while they last: check expiration date

Some states have lowered their taxes for 2022: Iowa phasing out inheritance tax

 

In our minds: Covid shot side effects (headache and fatigue) are from anxiety not vaxx.

Snow and hailstorms cover Saudi desert: Iceberg falls into ocean

IRS videos answer questions quicker than a phone call: IRS failed to answer 50%

 

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

Montclair, NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

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

 

Are these 10 mutual funds right for you?

Make the New Year better

Time to get back to basics

Create a $2,000,000 tax-FREE Retirement System. Use the best legal tax shelter: no taxes . . . ever. Tax-favored over a 401k even with 6% match. Protect your family and assets with your System’s Wealth Reserve. Borrow from your mature Wealth Reserve to pay for large purchases. Buy whatever you need without going into debt to others. Self-insure manageable risks—invest the premiums saved. Buy financial services wholesale--save $3,000 a year. Manage your System in 1 hour per year. $2 million can produce $160,000 a year in retirement. You may begin online in 1 hour and $250 a month. This strategy is recommended by Warren Buffett, John Bogle and many others. It is simple, cost efficient and automatic once you set it up. Buy at cost your whole life.

No sales person will call: https://www.amazon.com/New-American-Retirement-System-Wealth-Reserve/dp/1461030072

 

Are these 10 mutual funds right for you?

These funds provide the 3 most important keys to investing success: low-cost, diversified, growth and income. With these funds, you don’t have to worry about changing funds as you get older and earn more money. Using a large complex of funds owned by you, the investor, you pay no commissions and charges that can take 63% of your total accumulations. You enjoy every sector of the stock and bond market whether producing growth or income. You benefit from the Miracle of Compounding just as Warren Buffett does. You own them all for an average total return of over 11% per year.

Double your money every 7 years: https://www.amazon.com/You-Beat-Wall-Street-professionals/dp/1986031373

 

Is an index fund right for you?

If you were smart enough or lucky enough to have purchased Amazon, Apple or Tesla in 2001 and kept buying their stocks when the price fell in the last 20 years, congratulations. You can retire and play the market—buy the stocks your research says will be winners in the next 10 years. If you didn’t buy and hold these stocks early, you might have “settled” for a stock index fund. You may not have the time or inclination to do this even now. For most of us who realize we are not smart or lucky enough to have hit the stock market lottery, a stock market index is the best choice. Over the long term, time and compounding has produced over $1 million without the expense of betting losses every year. My New Year resolution is to commit to investing in all the largest successful companies like Amazon, Apple and Tesla using a tax-FREE account.

https://www.amazon.com/Millionaire-Mutual-Funds-Save-taxes/dp/1534939490

 

How much will you need to withdraw from your IRA this year?

The 2021 stock market return was over 28%. Even if your account was comprised of 40% stocks, you probably have more money in your IRA account as of December 31 2021 than you did in 2020. The IRS table used to calculate your annual and monthly RMD uses your age to determine how much you must withdraw in 2022. You are older so the amount you must take out is greater even if your IRA balance remained the same. Since you may need to calculate and send estimated taxes to the IRS each quarter, you need to add your RMD to your 2022 SS increase and any other income you may have in order to know where you stand for income and expense in 2022. I did this calculation of estimated income and expenses and found out I have to send more money to the IRS already this quarter. I set up the new payments at my bank’s auto bill pay so I don’t forget. Unfortunately there was no change in the $10,000 limit in my personal property taxes.

https://www.amazon.com/What-your-RMD-much-spend/dp/1718946716

 

 

?**********ACCOUNTABILITY**************?

 

 

Like 1776, this period is a test of democracy—We rejected an "American fascist" once

 

 

The Path to Dictatorship: 2010-2030

 

 

El Hefe is pissed

 

Americans: “prosecute Trump”

 

Elections decided by cash

 

Cruz: “…despicable act of terrorism”

 

McConnell: “overturn election provoked by Trump”

 

Trump: provoking terrorist assault is “official duty”

 

New Justice Unit on domestic terrorism

 

Finally terrorist charged with sedition

 

InfoWars Jones profited from kids’ deaths

 

 

US civil war II

 

 

How Govt wastes our money:

Navy Pearl Harbor water supply contaminated by fuel making military kids sick

Billions for intel but all failed to listen to Trump terrorists call to overturn Biden gov

Another GOP refuses to testify about Trump’s attempted government overthrow

Do any Trump seditionists obey the subpoena law: delay till GOP takes over House?

GOP leader won’t describe Trump watching overthrow: NOT “legitimate investigation”

We pay 4 times as much for Covid tests than the world: we subsidize the health co profits

 

Manchin’s coal subsidies working to increase coal’s immersions for next generation

Coal miners ask Manchin to support BBB: child credit, worker benefits, solar/wind

Sinema shuts down Dem legislative year: Congress goes home; find voters, Trump wins

 

Refunds may be delayed: Covid, unprocessed 2020 returns, budget cuts, new changes

 

Army offers mercenaries $50,000 to “deploy to war zones” What war? Domestic terror?

Army has ‘personal choice’? 9,500 individuals who don’t believe in orders

 

SCAMS/SPINS:

Covid death rates by state: will GOP kill GOP voters before 2024 election? Plague 850K

GOP Supremes cancel health protection at work: US lives at stake: 1 or 2 million deaths?

Your ‘personal decision’: our health crisis: Hospital surgeries delay for your vaxx refusal  

U.S. breaks record more than 145,000 covid-19 hospitalizations: GOP going for more!

 

Living with plague: 2,000 deaths per day? “Personal choice” Trumps public health value

Another crazy GOP will stay in Senate: “mouthwash can kill COVID-19” Listerine: NO!

Another crazy: anti vaxxers use Betty White to misinform u—no shame: stroke not covid

 

TX mom put son with Covid in car trunk to avoid catching it: TX is like no other

Citigroup who have not been vaccinated by Jan. 14 will be placed on unpaid leave

Reimbursement for rapid at-home tests from insurers promised: no one knows how done

 

Your ‘friend’ hack: using your friend name, stealing $10,000 easy

Retirement money vanishes into phones: Phone sports betting promoted by Mannings?

 

United Debt Holding caught collection threats, unlawful practices, repeat offenders

Michael F Shillin WI caught churning client accounts stole $100,000 defrocked

Tara M. Brunst OH caught in “guaranteed rates of return” Ponzi, fake notes $9.3 million

Michael Rene Pena caught lying about his qualifications for license: defrocked

 

Fesum Ogbazion OH caught refund loan scam, tax evasion, etc $1million: prison 1 yr

Boeing UPS FedEx Cigna Pfizer J&J caught paying election deniers to keep Trump alive

Center for Covid Control caught promising tests not done; not reported, incorrect tests

Nursing homes caught providing sub par care by state as of April 2019

 

Navient caught misleading borrowers about the availability of cheaper repayment plans

Employer sued after its worker gave Covid to at home spouse: not workman’s comp case

Make sure you call the right police: police ignore robbery to play Pokemon

Tesla self drive software “aggressive” mode may kill more pedestrians during trials

 

Our guns kill: a child is shot every hour of every day: this epidemic has no vaccine

 

French fries and chips rationed: growing global potato shortage

This is why Apple phones cost over $1,000 and how Rolls-Royce had best year ever

Rich and Famous with Covid just Trumped vaxx and booster mandate: 2 sets of laws!

 

Jobs

Chase suing borrowers despite words of sympathy: the Covid pause is over

10 disappearing jobs: research your career’s future: 30 offer bright future

Andrew is on his own for rape charge: Queen removes royal calendar/military “awards”

Inexpensive living regions with virtual job duties: quit and move

 

Kroger Walmart workers can’t make a living wage so we, not corp, pay for subsidies

Pope does his own shopping: hangs at local record store--NO Amazon shopping

 

Who owns your account now?

A 30-year fixed-rate mortgage averaged 3.22%, up from 3.11%: refi time?

When you want to get away … for good: live on a cruise ship: $400,000 no prop tax.

Check all the data on you that is bought and sold to businesses

 

Skip your tax-preparer expense: file via IRS site and approved FREE software

Medical debt collectors reporting illegal bills to credit agencies can be sued

 

Miracles:

1973 film “Soylent Green” warned us about our current problems: few heard cry

Dog, missing 4 months, found trapped in snow: ID picture on internet seen by owner

Black woman on US coin: first ever recognition: “the racism and abuse she endured”

 

Hottest ocean temperatures in history recorded last year: sixth consecutive year 

Pig-to-human heart transplant made possible by new gene editing tools: respect pigs!

Cats rule human kitchen appliance: fun for Covid homebound

 

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

Montclair, NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

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

 

Mark the New Year better

 

Make the New Year better

 

Is automatic bill pay right for you?

There are severe penalties for not paying your bills on time. You will get hit with charges, interest and lower credit bureau scores in many situations. You also may be paying higher mailing rates. How do you avoid this situation? Your bank may offer auto bill pay. I have been using this for about 10 years. Using your checking or business account as the source, you set up a vendor account with the name and address of the entity you owe. My monthly house mortgage loan is paid to Quicken at the same amount each 1^st of the month. The bank posts this amount the Quicken’s bank by the 1^st automatically. I do nothing after I set the amount monthly. For credit cards with different amounts, I enter the amount when I get the bill and set the date I wish the amount to arrive at the card’s address. For all others (utilities, doctors, newspapers, insurance, and individuals), I decide the amount and time to arrive at their address. All I have to do is have all my income deposited directly into my checking account. Some times I have to move money from my savings to my checking for emergency bills. Sometimes I have to reimburse my daughter and (she me) via direct transfers or Zelle. Her account is at the same bank but I can do a transfer to another person at their bank for large fee. The best part is I have monthly records on paper and any period totals digitally. I can also find and print any transaction during the past 12 months. I don’t pay extra for auto bill pay since the bank has my money from direct deposit. In fact I have saved over $50 since starting. 

More ways to save: https://www.amazon.com/Save-3000-every-year/dp/1500681571

 

 

You need a tax-FREE account so your retirement income is FREE

This book will show you how to: Create a $2,000,000 tax-FREE Retirement System. Use the best legal tax shelter: no taxes . . . ever. Tax-favored over a 401k even with a match. Protect your family and assets with your System. Borrow from your System to pay for large purchases. Buy whatever you need without going into debt to others. Self-insure manageable risks—invest the premiums saved. Buy financial services at wholesale prices—save $3,000 a year. Manage your System in 1 hour per year. $2 million nest egg can produce $160,000 a year in retirement. $1 million produces $80,000 income FREE.

https://www.amazon.com/New-American-Retirement-System-ReserveTM/dp/1461030072/

 

 

New Year fresh start for your kids/grandkids

Make sure you teach your kids how to create wealth the easy way. My parents were not investors. At my first job, I had no clue which investment option to use for my 401k contribution and company match. The HR person told me to put it into the 'safe' stable value fund. That was the worst choice at my age I learned later when I got my securities licenses. If I had followed their advice I would have ended up with $150,000 instead of a Wealth Reserve of $877,233 about 33 years later. We have used this 'Wealth Reserve' as I call it to have funds to use low-cost high-deductible insurance, to buy two homes and 5 cars with higher down payments or cash, and now to receive $2,500 a monthly in a retirement supplement. Your kids use the Buffett investment strategy for any amateur. Buffett recently proved his method, though simple, beat the strategies of the best hedge funds. Start with only $1,000.

Start in 30 minutes: https://www.amazon.com/Give-your-child-leg-manage/dp/1096505355

 

2022: another stock market high?

You may have noticed that your 500 index fund returned about 29% last year. Your real estate index fund provided 40% return. Like 2019, 2017 and 2013, these highs might start convincing you that an average for this period of 17% might continue. Using the 500 index would have quadrupled your retirement nest egg. But before you get greedy, you might want to move some of those gains to a balanced account like Wellesley Income Fund. This low-cost managed fund has provided steady income to retirees since 1970. This balance of stocks and bonds could help you through the anxiety of 2022 since the Fed (US gov money manager) will stop pumping up Wall Street firms and will increase interest rates soon. This situation has already changed market forecasts so you know we are not likely to be so lucky in ’22. Remember the cardinal rule of managing money, especially in lower return periods: low-cost beats high-cost in every period.

Low-cost leader: https://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

 

What is your retirement dream?

Travel, hobbies, family, business, volunteer, keep favorite job, other? No matter your dream your first concern is health. Our dream can motivate us to save for the time when we don’t NEED to work at a job for money. Thus there are folks who have prioritized saving over spending, even when family obligations are great. Take the story of the Howell family highlighted in a recent Money newsletter: the Howell's could save 21% of salary and put kids thru college. Randy retired at age 56 from a variety of labor and management positions with United Parcel Service, and LuAnne worked as a school secretary. They enjoy hiking and other outdoor activities. However, without a health plan from work, it is doubtful they could have retired early to do what they wanted to do. For other folks, what happens when their health requires them to interrupt their plans? Our health system is a ‘for profit’ system so that my health needs are in conflict with the industry need for profits. I, NOT them, will suffer when I can’t afford to maintain my health. My dream is crippled while they earn more. The need for affordable health insurance becomes the No 1 priority for America.

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

 

 

Is using a 401k brokerage account right for you?

New research by Empower shows that while the average age of participants using the brokerage account is higher than average, the effect has to do with older participants having higher incomes and balances rather than just because they are older. This makes sense from the view that buying individual securities when you already have a nest egg built up provides some further diversification or specialization. One reader had 80% of their 401k money in a low cost S&P 500 index while they continued to buy DMYI which is involved in quantum computers. This arrangement is sometimes called a “hub and spoke” strategy. Any loss in the spoke does not destroy the wheel.

https://www.amazon.com/Best-Both-Worlds-Spoke-Investments/dp/1533307326

 

Which used cars to buy now?

Vehicle dependability is at an all-time high, according to the J.D. Power 2021 U.S. Vehicle Dependability Study. Owners of 2018 models reported on the number of problems they have had. Lexus, Porsche, Kia, Toyota head the list. Rover, Jaguar, Chrysler come in last. By the way, Jeep, Dodge Chrysler, is now stellantis. Because of the lack of chips for new cars, used car prices have gone up to meet the demand. However, if you are looking for a bargain, you need to compare this list to the list of vehicles from iSeeCars that depreciated more than 1.3 times the 39.1% average three-year depreciation for all vehicles. This list shows that Audi 6, Ford Fusion Hybrid, BMW 3, and Volvo S60 lost the most value. In 3 years, these cars lost over HALF of their value. However, one vehicle shows up on both lists: Lincoln MKZ. The Lincoln MKZ was discontinued after the 2020 model year, which shows that demand isn’t high for this vehicle perhaps because it isn’t as luxurious as its competitors. However, at $21,500, the used Lincoln may be a bargain since you have some dependable lux at a reasonable price. Avoid flooded ones. Shop around for insurance. High deductible reduces premium. Save $22,000 over time.

Ask for each discount: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634/

 

Are buying art, wine, gold the right investments for you?

Many internet blogs run by journalists provide misleading investment advice to sell clicks to other for profit sites. Example: 6 Brilliant Ways to Build Wealth After 40 Misleading advice 1: Invest in art that has outperformed the S&P by over 180%. Claiming that wealthy people make huge profits, the authors don’t cite which art they mean and how much the rich paid for the art. 2: Get $10 by starting to invest in Apple, Tesla, Amazon. The fees for investing small amounts may take all your profits and won’t build wealth. A free index account of the top 500 stocks may build wealth over time using the Miracle of Compounding. 3: Buy gold from a dealer to avoid volatility. The authors don’t explain that gold prices fluctuate too. The dealer fees may also take all your profits. 4: Shopping for car insurance can save you money but you need to shop the carriers directly not from the editors of this blog. Each carrier has their own discounts/rates. 5: Buy wine from their firm for an investment return of 10.6%. Speculating on bottles of wine is not smart no matter what “sommelier knowledge with AI-driven algorithms” they use. 6: Stop overpaying for stuff online. Using a browser extension, you can save on some goods. However, when I used it I found that the pop up usually shows the same price on Amazon or at another site but without adding in the shipping costs. Since I have paid for shipping with Prime, the alternative was misleading and I needed to create another seller account. 7: Invest in real estate and art through a 3^rd party to earn “passive income.” Low-cost index accounts with no 3^rd party fees provide these important diversification asset classes. However, the authors don’t explain the fees charged on the interest income paid.

Use Compounding: https://www.amazon.com/Miracle-Compounding-Turn-day-into/dp/1470176513

 

?**********ACCOUNTABILITY**************?

 

 

Like 1776, this period is a test of democracy—We rejected an "American fascist" once

 

 

The Path to Dictatorship: 2010-2030

 

 

Sedition: Trump’s plan to keep power

 

Trump co-conspirators charged?

 

Terrorists send Congress to floor

 

Cheney: Trump or truth

 

725 terrorists charged

 

 

US civil war II

 

 

How Govt wastes our money:

Congress fails to pass law against abusing women: no votes since 2013: NRA blocks it

Sedition: ‘speech that incite people to rebel against the government’: Trump incites Jan 6

Sedition: Trump called on his "MAGA nation" to "rise up" against President cost $30 mil

 

SCAMS/SPINS:

Kids with Covid fill hospitals: unvaccinated; 378 children admitted per day

GOP Jordan claims booster not effective but NO facts more Trumpers die for lie 840,000

 

TX tells Navy it has no jurisdiction over antivaxxers despite orders: 35 may kill hundreds

TX bans books on race and sex they don’t like in secret meetings: teens buy own books

 

NJ caught negligence in deaths of 100+ veterans in state-run facilities: fine $53 million.

Surprise medical bills now illegal: Just say ‘no’ to med providers who spring bill on you

Call a taxi: ambulance rides $450 or more are exempt so we still face surprise bills.

 

Teva Pharmaceuticals caught providing opioid leading to deaths of 500,000 users

Rich need a raise?: Time to raise prices on Covid tests, treatment, vaxx, swabs, etc

 

Manchin decides Dems not break GOP block vote rights: takes McConnell’s job

GOP halts Voting Rights Act: states block vote expansion: Trumpers hold key jobs

Only 1 Republican showed up to remember the 1^st and only attack on our government

Most Americans don’t think state GOP will accept Dem win: GOP war for Trump

24^th Dem quit House: GOP win without a fight

725 terrorists charged: most convicted rioters received no jail time: ready for 2^nd attack

 

Trump terrorist attacks covid vaxx clinic shouting “murderers” 1 hospitalized from hate

"There’s a demand for misinformation; so people are always gonna find a way to get it."

 

21 million Americans believe violence is justified to overturn the 2021 US election

75% of insurrection supporters: Dems trying to make US “obedient” Third World voters

 

40% GOP: “violent action against the government" sometimes justified: 2^nd civil war

30% Americans think Biden illegitimate elected president: 30% think election fraud

Sedition not charged because Jan 6 attempted coup was run by white supremacists

 

Trump’s TX recount: 0.0006% discrepancies: Biden did not win TX: Trump lost votes

Putin hackers behind election probe of Dominion Voting Systems in cities w/o machines

Western allies fear erosion of democracy in US: riot, insurrection, or armed coup?

 

Ivanka, Don Jr caught in subpoena by NY attorney general: long delay tactic; no jail

Prince Andy says 17 year old has already been paid for his sex: $500,000 voids her suit

 

Mel Trump is selling her hat: needs money; divorce? They lost their shirt on Wash hotel

Marlboro cigarettes changing image: “moving beyond smoking” to smoking in space

HeartWare pump taken off the market after years of problems: still in chest of thousands

 

Allen Giltman CA caught selling fake CDs from fake websites: $50 million

John Piccarreto NY caught Ponzi fraudulent promissory notes $20 million prison 7 yrs

Susan, William Harris caught stealing funds from special needs folks prison 47,15 yrs

 

Petra Gomez Jakeline Lumucso caught prep fake tax returns $25 million prison 8 4 yrs

Kent RE Whitney CA caught investment scam at his church $33 million prison 14 yrs

Jeff Carpoff CA caught fake mobile solar generators Ponzi $1 billion prison 30 yrs

Richard Terabelian Ayvazyan CA caught $10 million Covid relief funds prison 17 yrs

 

Private equity–backed RIAs had a 147% increase in advisors misconduct after takeover.

 

Jobs

Nevada fires unvaccinated higher ed employees after mandate left in place

Walmart to hire 3,000 drivers as it expands home grocery delivery: put fridge for you

37 Bed Bath & Beyond stores are closing

 

 

Who owns your account now?

Mortgage rates rising: refi before Fed raises rates: 1.750% 15 years

Avoid delay in tax refund: enter the exact amount of Child Tax Credit: look it up at IRS

AT&T and Verizon delay new 5G service: why pay more for no better service: airports

 

Student loan borrowers will have an extra 90 days to begin repayments

Removing all your personal data from internet data brokers can be time consuming

 

Miracles:

10 year old refused Alexa challenge to shock herself in outlet: Jeff’s fun is deadly

Nuclear war “avoided” say world powers: Gee, I feel better: what did we have before?

We need more air: Seed-dropping drone can plant 40,000 trees a day

 

GA to allow everyone to carry gun without a license or background check or training

 

Pope wants more children

Child abuse: 300,000 children were taken in marriage by older men: still legal in US

 

 

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

Montclair, NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

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