Advisors are paid to worry not to be right

 Easiest way to make sure you have enough later

The most common regret most retirees have at the time of retirement is “I should have started earlier.” Time in the market, for your money to multiply, is FREE and is the easiest way to guarantee you will have enough in retirement. Social Security is indexed to inflation so your lifetime benefits increase to your maximum by age 70. You will have Social Security benefits but you may not have a paid pension and a private investment portfolio. Only 7% of retirees have all 3 sources of retirement income. So unless you act early in your career or working life, you will not have enough later unless you earn a lot of money late in your career. Example: $100 invested once a month by age 20 may grow to $2,600,000 by age 70. That amount would have the buying power of about $500,000 after inflation. We use the average return of 11% per year because over time that is the return of the overall stock market in a popular low-cost index fund. If you wait to age 35, your money grows to $500,000 by age 70 but is worth only about $230,000. Uncle Sam can help by using a special IRS retirement account that provides income FREE of taxes.

Use your TIME: https://www.amazon.com/Tax-FREE-Wealth-How-laws-free/dp/1475089236/

 

Tax-deferral or tax-Free?

Whether you have a 401k or 403b at work or self-managed IRA account, you have the choice of reducing your taxable income now or later. Which is better for you is a personal choice. Many younger investors want all of their lifetime investment gains to be FREE of tax because after investing $250 a month for 35 working years, they want to spend ALL $2,000,000 of their nest egg. They tell me that paying 22% of their current relatively low income is easier than paying higher rates on their retirement income later. They think rates must go up since current national spending has made the national debt almost impossible to pay off. Most wealthy folks pay less than most working people. With inflation, they believe they will need every penny of their $2 million just to live comfortably. Many employer plans offer the tax-FREE version of their matching retirement plans. If your employer does not offer this plan, you may be better off using the IRA version offered through your mutual fund provider. Most large complexes like Vanguard, Schwab and Fidelity offer low-cost funds within this tax-FREE IRA type.

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

 

Advisors are paid to worry not to be right

Some think stocks haven’t hit bottom yet. Some think crypto is in trouble. Some think stocks have already hit bottom. Some think inflation will be a threat. Some think it will end soon. As usual, those who are paid the big bucks to know what is going to happen with your money don’t know. So what are you going to do? Will you continue to pay a lot of your investment dollars for advisor fees or give up your earnings for the year to your advisor’s haircut—right off the top of your account? For savvy investors the truth is that costs matter. If you earn 4% as some wise people predict, and you pay 1-2% of your whole account in your annual fee, you may have little to show by Jan 23. If on the other hand you are a buy and hold low-cost fund investor, you will have a respectable year. Over your investing lifetime, you may give away 63% of what you would have had if you use an advisor managed account. DALBAR the unbiased tracking firm showed that over time, managed funds earn just 3.79% compared with a low-cost index fund of 11%.

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

 

Has your advisor kept your account positive this year?

Most of the securities markets are negative. You pay your advisor big bucks to keep you out of the negative. Only the energy sector has provided a positive score so far—up 8%. Have they moved you out of the Growth sector so you avoided the negative 16% down turn in account value? So maybe Buffett and the other advisors who do not charge you for their advice are correct. Investors who have researched how long-term investments succeed have come to the conclusion that trading and chasing yield are dangerous. Analysis: over your lifetime, “that little 2 percent fee will erode 63 percent of what you would have had.” Paying someone to manage your money is a $ billion scam. Buffett says: “A very low-cost index is going to beat a majority of the amateur-managed money or professionally-managed money.” Fidelity study: accounts forgotten by investors during their lifetimes did the best. In fact, the average investor earns only 3.79% annually (vs market returns of 11.06%) according to DALBAR’s QAIB.

Avoid the scam: https://www.amazon.com/Warren-Buffett-Your-Investment-Advisor/dp/1518690963

 

Women investors are not handicapped by testosterone

Women are more patient. They don’t think they are ‘masters of the universe.’ They are not as overconfident as men. They don’t buy high and sell low when disappointed by their broker’s tip or the TV stock promoter’s hype. They are not driven to prove how “smart” they are at a party. They are not seduced by male salesmen. “In finance, if you’re certain of anything, you’re out of your mind,” according to neurologist, William J. Bernstein. In fact, stock market predicting is more like quantum’s uncertainty principle: no one can predict the position/velocity of a multivariant. Patience and time are more important to allow the Miracle of Compounding to work. 60-70% of the most successful self-made female billionaires in the world are Chinese.

Women are the best investors: https://www.amazon.com/Ensure-Your-Financial-Health-with-Wealth/dp/1466388293

 

Have you taught your child how to make tax-FREE money?

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. I have used this 'Wealth Reserve' as I call it to have funds to buy low-cost insurance, to buy two homes and 5 cars with higher down payments or cash, and now to receive $2,500 a month in retirement supplement. Now your child can build an account that provides tax-FREE retirement income too.

Time is on their side: https://www.amazon.com/Give-your-child-leg-up-manage/dp/1096505355

 

 

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

 

 

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

 

 

The Path to Dictatorship: 2010-2030

 

 

Supreme’s wife plots gov overthrow

 

Jan 6 terrorist avoids trial in Belarus

 

27 states restrict voting

 

Trumpist ‘news’: MxM

 

Dictator to buy ’24 election

 

US not USSR: Banned books removed

 

How Govt wastes our money:

Biden commit pilots/special forces if Putin uses chemical bombs in Ukraine?

GOP states removing books from our libraries before dictatorship 2024.

GOP creates voter intimidation with threat of voter fraud police: watch polls arrests

 

Crapo puts bill to end normal trade with Russia in the toilet: GOP wants more BS***

Wall Street takes higher gains: average 2021 bonus $257,500: few pay Fed taxes 

Wealthy buy citizenship in countries: lower taxes/hide assets: Kushner gets foreign $$$

 

Former NYC prosecutor proved Trump guilty of multiple felonies: boss afraid of T’s $

Two Trump lieutenants ignore Congress subpoenas and are still walking around: no jail?

 

SCAMS/SPINS:

978,000 dead: 61% of unvaxxed are Republican: GOP trimming voters for 2024

BA.2 now accounts for up to 70 percent of new infections in U.S. Masks, Shots, Tests

GOP: “freedom” from masks/shots/gun license but bans books, talk of race/sex, abortion

TX use electoral map that discriminates against Black and Hispanic voters: white power

 

2 in dispute shoot 28; kill 1: some are kids at car show: any gun changes 28 lives in 1 min

IN, OH ban gun control so citizens may shoot in public: police: no control is dangerous!

GA official: It’s the ‘wild, wild West’ Guns are everywhere, she said. Regs loosened.

 

IN Braun wants state to ban interracial marriages: Supremes have no say in racism?

 

Putin hackers: Zelensky telling Ukrainians to surrender: Putin the new Tzar of Russia

GOP Rubio wants US to try Daylight Time again: Nixon tried it and it did not work

GOP to attack Hunter Biden again: Time to start attacks on Fauci again too

GOP to attack Supreme candidate now: already confirmed her twice: political wedge?

 

Fake online sales: reading the clues to fakes

Pfizer recalled Accuretic due to the presence of a cancer-causing impurity.

Finally: recall GMC 740,000 small SUVs headlights on vehicles are too bright.

 

Recall millions of fruit gummies: “Airborne” ‘fly’ back to Reckitt

Zelle’s immediacy makes it favorite of fraudsters: not clear who is legally liable

 

Ambassador Advisors PA breached fiduciary duty: sold 12b-1 funds; cheaper available.

Jonathan Dax Cooke caught selling high cost annuity to Fed employees in TSP.

 

Fake listings short term rental sites like AirBnB

Fake images lead us astray

Fake ‘convenience’ home appliances: more stuff to repair: tech-savvy or lazy

 

Trump sues Dems over his 2016 Russian collusion: Putin lawyer met at Trump tower.

Trump condemns ‘woke’ AL GOP for advice: looking “past 2020 election” Confessed

Taliban reverses promise to let girls go to school: Custom makes girls “property”

Russian Orthodox Church hailed Putin for “high & responsible service to the people”

 

Jobs

Pilots to drive airplanes from the ground: no need to sit for hours in cramped seat

2022’s Most & Least Innovative States: Blue cf Red?

Companies with flexible work conditions: upstarts have more to offer

 

Who owns your account now?

How much is your Social Security? Check statement; Open a Social Security account.

Florida’s home insurers insolvency from fraud, litigation

YouTube has full seasons of your favorite shows for free: 1,500 movies free with ads.

 

Los Angeles and San Francisco as well as Northeast losing population to TX, ID, UT, AZ

Banks offering cash: open new credit card: some pay you to refer all friends who earn too

IRS has $1.5 billion for your 2018 tax refund; April deadline approaches

 

Miracles:

Ukrainian women stand strong against Tzar’s invaders who are losing war

Biden’s secret war- support efforts via hidden Polish border roads: Don’t tell Tucker

7,000 Americans sign up to fight Putin: Marines not allowed: must have experience

 

West US running out of water and electric: Lake Powell lowest level ever

It’s 70 degrees warmer than normal in eastern Antarctica: last warming fix took centuries

Drought extended across about 61% of the country: all over the West pictured 

 

We and animals are connected: all creation have feelings: impact on religions

 

Improve age-related macular degeneration with drug for drunks

Virtual private networks are used by Russians for info not state propaganda

Solar panel roof on parking garage: saves cars and saves coal-powered generators

Simple electrical circuit learns without computer power: adjustable resistors

 

When you think you can’t do more: https://www.youtube.com/watch?v=CyFxPZUiJMI

Trump wants The End WWIII with his co-dictator Putin: “we’re a greater nuclear power”

 

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

973.746.2014

www.InsuranceAdvisorsNetwork.com

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

 

Guaranteed income for life at NO cost

 

Never bet against America

Warren Buffett: Never bet against America; nothing can stop this nation. The stock market is having a sale. Everything is reduced 13%-20%. In the past, almost every time the market was down, it came back up the next year:

2018 down -4.41%  2019 up 31.74%

2015 down 1.31  2016 up11.93

2011 down 2.07  2012 up 15.88

2008 down -37.22  2009 up 27.11

2005 down 4.79  2006 up 15.74

2002 down -22.27  2003 up 28.72

1994 down 1.19  1995 up 38.02

Unless you speculate, play the market, or time the market, you can put time and the Miracle of Compounding on your side. Over time, you earn 11% in a low-cost market index fund. And now you can make it tax-FREE for retirement.

You only have to be patient: https://www.amazon.com/Miracle-Compounding-Turn-day-into/dp/1470176513

 

Some economists predict recession

What kind of portfolio is best during our current special circumstances of recession and inflation and worldwide supply disruption? There is no easy answer so our best position may be to stick with a balanced mix of equities and debt. Most of my readers are sticking with the low-cost funds tracked by Vanguard’s Target Date offerings. Some retirees are relying on the blend of Vanguard’s Wellesley Income Fund with 60% bonds. Relying on low-cost investments makes sense since they prefer to limit their costs during a period of uncertain investment gains or losses. Some more adventurous investors are sticking with the 10 choice funds they have relied on for 10-20 years. We call them the Vanguard Top Ten. They include Energy, Health as well as large and small caps at a reasonable cost.

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

 

What is the minimal amount needed to get an advisor’s help?

In 2018, we needed help in creating a financial plan. We needed to know whether we would have enough money to fulfill our goals in retirement. We still had a mortgage so we wanted to know if we could stop working. Did we need to keep working to pay off the house? We needed to know if we would have enough income to live after retirement and take a vacation. We needed to know if the assets we owned would provide enough income from the IRS’ required minimum distributions. Since we had to take our RMDs and pay taxes on that amount each year, would we have enough to live on? Could we take out more for special events like a new car, vacation and emergency medical procedures? We interviewed three advisors in the area. We were declined by each because we did not have assets worth over $1 million. Advisors usually take 1-1.5% of your assets. They need at least $10,000 a year to answer our questions. I asked one what she recommended to get help with a plan. Luckily she told me about a financial planner nearby. We met and provided reams of financial information to the planner. She completed a respected software program that made estimates of our income and expenses to age 95. It showed the probabilities of making our goals and income and expenses each year. It provided the answers we needed. Probabilities are not guarantees so we kept our assets working for growth and income so that we maintain a margin of error in case there is a long recession. We paid less than a $1,000 for a 50 page plan and 2 face to face meetings. We are happy not to have to pay an advisor for the next 30 years: $300,000 saved for more vacations.

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

 

Tax deductions you can take to lower taxes

These are ways to reduce income and thus tax without itemizing. The standard deduction was increased to $12,950 for single taxpayers and $25,900 for married couples filing jointly. Charity cash gifts up to $300. Contributions to IRA for each of you up to $6,000 $7,000 for ages over 50. Contributions to Health Savings Account but you have to use a high-deductible plan. Student loan interest. Educators for supplies. Alimony for some. Self-employed health insurance premiums. Other deductions available:

Child tax credit.

Child and dependent care tax credit. ...

American opportunity tax credit. ...

Lifetime learning credit. ...

Adoption credit. ...

Earned income tax credit. ...

Some readers don’t take the IRA retirement deduction now so they can avoid taxes on their retirement income in retirement. They use a Roth IRA—a tax-FREE account for working people. They create a ‘Wealth Reserve’ for life.

https://www.amazon.com/Your-Wealth-ReserveTM-Tax-FREE-Investment/dp/1484954882

 

Guaranteed income for life at NO cost

Annuities cost a lot. There are 5 to 8 fees charged by an insurer and their agent to guarantee your peace of mind income. Most annuities will provide a monthly income for your life and your spouse. For an extra fee or higher cost, they will provide a COLA cost of living increase so that your purchasing power is not decreased over time. This is important since inflation of 3% can rob you of HALF your purchase power in 20-25 years. There are better solutions for maintaining a guaranteed income. First, Social Security will increase your income based on inflation rates. In 2022, recipients have an increase of 5.9% in benefits. If you waited to age 70 to start SS benefits, you have a very good low-cost annuity with COLA for the rest of your life. Second, if you have an IRA, pension, or other tax-advantaged account, you will be forced to take withdrawals and pay the taxes due each year. For most of us, this means taking an annuity-type payment stream for the rest of our lives. Because the amount is recalculated each year, over time the amount stays ahead of inflation since our principal is still invested. Third, for some, this means heirs can continue the income payments until the principal is exhausted. If your IRA, pension or other account has been invested with a large mutual fund family like Vanguard, you are receiving payments correctly calculated free of extra charges.

Go low-cost annuity: https://www.amazon.com/What-your-RMD-much-spend/dp/1718946716

 

Have you taught your child how to make tax-FREE money?

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. I have used this 'Wealth Reserve' as I call it to have funds to use low-cost insurance, to buy two homes and 5 cars with higher down payments or cash, and now to receive $2,500 a monthly in retirement supplement. Now your child can build an account that provides tax-FREE retirement income too.

Time is on their side: https://www.amazon.com/Give-your-child-leg-up-manage/dp/1096505355

 

 

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

 

 

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

 

 

The Path to Dictatorship: 2010-2030

 

 

Trump/Tucker sorry Fox folks killed by Putin?

 

Trump: dictator is ‘genius’ bombing kids

 

 

How Govt wastes our money:

IOWA cancels teacher education training on race and equity

Congress sides with Big Pharma: we owe $195 billion medical debt: 90% has insurance?

IRS auditing poor to collect $100; let rich avoid $1 TRILLION taxes: we lose $1 Trillion

 

How Congress decides: Industry spent $3.7 billion as 3,700 new orgs join; Reps avoid us

TX judge temporary stop to state charging gender-care parents with child abuse: violates Title VII

We taxpayers support a agribusiness subsidy that helps Putin: Congress takes some for its own

Interest rate hike: do they really stop inflation this year? Car home loans now

 

Will Biden let Putin use limited nuclear in Ukraine? Is that the trigger that gets no-fly zone?

Biden offers new military aid to Ukraine Wed 3/16, including anti-armor and anti-air systems

 

Does Putin have a general who will stop him from starting WWIII like Trump’s general Milley?

Biden secret forces help destroy Putin’s forces: US helped Afghan fighters kill Russians before

 

SCAMS/SPINS:

TX GOP makes sure 10,000 votes not counted: voting machines have no power!

27 states considering 250 bills with restrict­ive provi­sions: TX already cut Dem ballots

Stacey Abrams voter turnout effort grows NC, Native Americans counter suppression

 

NC GOP calls Zelensky a ‘thug,’ Ukrainian government is ‘incredibly evil’

Putin requires all Russians watch Tucker of Fox for daily ‘truth’

Putin did not learn from Afghanistan, Vietnam, Hitler: guerillas fight forever

 

Women are going back to Ukraine to face Putin: brave women subverted Hitler too

 

Mario E. Rivero Jr. NJ caught stealing $680,000 promising higher gambling returns

Goldman Sachs caught: hedge funds loan cash to Russian firms’ debts: 100% profits

BMW recalling over 1 million vehicles for rare fire event

230 Hertz customers say they were falsely arrested: system glitch now your problem

 

Russia invasion disrupts supplies: food, fertilizer, neon gas, chips, etc

Zelensky “Remember Pearl Harbor” Biden: Putin is “war criminal” but still has yacht

 

How the sick folks mislead others: everyone wants to be noticed: 1 minute fame

Scammers watch list: potential or confirmed misconduct groups

Fake messages: what they look like: how to tell the real from the fake

 

Fake reviews: tips on how to spot a product review paid by the product

Celebs mislead or faked in scams for Keto and other weight loss claims

How money is driving democracy from our local gov: Shasta Co goes right

 

Car repair scams: estimated price of repair: get 3 bids on big jobs

Ford sells Explorers without all its chips: no heat no cool etc missing non lethal chips

Tesla, GM sell without chips too: no radio, charging,

Your next car comes with a virtual reality entertainment system. Walking dangerous!

 

Oil producers say it is not right to condemn them for gouging profits when they can

War machinery goes to double shifts: everyone is buying more killing machines from US

 

Most LAPD officers who break deadly force policy in shootings avoid serious discipline

OH open season shooting without permit, training: NRA backs Gov for more shootings

 

New variant in China doubles infected in 24 hours: keep masks available: 990,000 deaths

Better safe than sorry: 4 free tests at home https://www.covidtests.gov/

 

Jobs

Lawyers in Flint water poisoning get $180 million: Flint residents get peanuts

Tractors that plow all night: driverless Deere work with AI GPS no pedestrians

School jobs hit hard by pandemic/changes

 

Who owns your account now?

Your estate plan may need an update if new IRS rules begin this year

MGM movies to Amazon: Jeff can watch James Bond all day

 

Miracles:

American volunteers to assist Ukrainians despite risks: freedom important

A dog that was given up on and she’s changed so many people’s lives.

‘Drug factory’ implants successfully cure certain cancers in just 6 days!

 

Slow the aging process with habits and probiotics and phytonutrients

England pays to house Ukraine refugees who can stay for 3 years: 44,000 volunteer

101 year old surgeon going strong: 44 year old Tom Brady can’t sit still in stands

 

Convoy of volunteer Spanish taxi drivers with Ukrainians arrived in Madrid from Poland

 

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

973.746.2014

www.InsuranceAdvisorsNetwork.com

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

 

Why are more people moving their money to Vanguard?

 

Why are more people moving their money to Vanguard?

Vanguard has taken in every 1 in 3 dollars in 2021. Folks are realizing that paying advisors a big chunk of their earnings every quarter over the 20 to 30 years of investing means they are giving away over 50% of their money. For the average investor contributing $3,000 a year or more, that’s over $250,000 to $400,000 total fees. That means those who pay an advisor are ending up with $400,000 instead of $800,000 or more. When we start out investing and paying 2% of our $3,000 for “personal portfolio guidance,” we feel good we are getting a good deal. However, later, we don’t realize that 2% of AUM “assets under management” as they call it, takes $8,000 to 16,000 every year. Advisors are not required to tell us what their fees will cost us over time. If we earned $200,000 like we did in the market last year, we don’t mind giving up $16,000. However, in 2022, the story will be very different. We would still have to pay the $16,000 even if our advisor did not increase our account one PENNY. Many folks have learned that COSTS matter: 3.79% vs 11%. The best predictor of investment success is cost. Earn 6% pay 2%; inflation takes 3% so keep 1%.

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

 

 

Which market sectors will help your retirement income?

Wouldn't it be great to find just ten mutual funds you could count on for your whole life? Think of it: Ten funds that earn over 10% a year that you could keep investing in from your youth and use for income and growth in retirement for the rest of your life. You wouldn't need a broker since you wouldn't be selling and buying 'hot' securities. You wouldn't need to worry about what the market was doing at any given time. You wouldn't need to worry about buying the next Apple or Google—you own them all. You wouldn't need to worry about having enough in retirement. The facts are in: 1. “The stock market is a device for transferring money from the impatient to the patient.” Warren Buffett 2. Buffett also said: We continue to make more money when snoring than when active. berkshirehathaway.com/letters/1996 And "My wealth has come from a combination of living in America, some lucky genes, and compound interest." 3. The average investor earned just 3.79% while a stock market index earned over 11% over the last 30 years DALBAR’s annual Qualitative Analysis of Investor Behavior 4. Morningstar proved that Wall Street is wrong: “In every single time period and data point tested, low-cost funds beat high-cost funds.” What does Buffett recommend we do? He told Reuters: "A very low-cost index is going to beat a majority of the amateur-managed money or professionally-managed money." Mr Buffett's strategy of patience has proven to be the most successful. He recommends using Vanguard funds. It takes 1 hour to set up an account for each of you. And your income can be tax-FREE!

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

 

$73 Trillion of wealthy-people money is never taxed

We will have to pay their taxes. The top 1.5% families will enlarge the wealth gap between us and their kids and it will be done tax-FREE. The middle class will shrink even more. Our reps have not been able to get Congress to reverse the 2017 fundamental tax change. The promise of America as a ‘class-less’ society ends with the return of the Gilded Age. In some cities, they have already started to “de-annex” their gated communities. Revenue collected from the estate/gift levy plunged by more than half in the span of two years, with just 1,275 families paying $9.3 billion in 2020, according to Internal Revenue Service data. Grantor trusts exploit a long-standing loophole that House Democrats had proposed closing before the provision was deleted from the Build Back Better package. Since the Trump/GOP tax breaks, the national debt has not been reduced as promised by increases in national production/investment as promised. The increase in wealth of the top 1% families will not be captured. The debt will be passed to us the remaining tax payers. The rich get all the tax breaks: Socialism for the Rich. We have one way to avoid having to pay their taxes in the future.  

Use the only legal tax haven: https://www.amazon.com/Your-Tax-Haven-Tax-FREE-Americans/dp/1482659441

 

 

Have you taught your child how to make tax-FREE money?

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. I have used this 'Wealth Reserve' as I call it to have funds to use low-cost insurance, to buy two homes and 5 cars with higher down payments or cash, and now to receive $2,500 a monthly in retirement supplement. Now your child can build an account that provides tax-FREE retirement income too.

Time is on their side: https://www.amazon.com/Give-your-child-leg-up-manage/dp/1096505355

 

How to invest in uncertain times: war, inflation, job changes

When will life get back to normal? Well it might not happen soon or ever. Paid forecasters and money managers always have an answer but we know down deep there is no correct answer. This means we have to be ready for whatever happens. When markets are volatile and high earnings are not assured, we have to control what we can control. We can control what we pay for a stock or stock or bond fund. We can control how much to pay for transactions. We can control what we pay for advice if we need it. Over and over, those unbiased folks (not salespeople) tell us that frequent trading—trying to time the market for better results—does not work. Sure, there are some folks who can show us their great results for the recent past—the last 1, 3 years. However, we are not looking in the past for the future great results. Here is all we know. Fidelity looked at client accounts that did the best. They were the ones who forgot about their account. DALBAR, the investor-tracking-markets firm looked at the actual outcomes of advisor managed funds and found the best outcome was a low cost index fund. Finally, Warren Buffett bet on the Vanguard 500 Index fund over 5 specially chosen hedge funds. The Vanguard Index won. It is the low-cost broad index that can provide 11% a year over time.

Buffett makes it simple: https://www.amazon.com/Warren-Buffetts-Investment-Strategy-Forget/dp/1484822900/

Using tax-managed retirement funds is essential to survive

Sixty-three percent of Americans don’t understand how their 401(k) works, and 81% don’t know how much they’ll need in retirement, according to a survey from Bank of America. This survey does not tell us how old the owners are so the results may be normal. When we start working in a company that offers 401k, we don’t understand more than it is a retirement account that delays taxes on part of our income. Oh, we also remember that the company will match our contributions. Of course, no one knows how much they will need in retirement. We just started working so we aren’t supposed to know about retirement yet. On the other hand, if those who answer were age 65 or near retirement, they will soon find out that no one knows how much they will need in retirement until they are in it. Most people don’t have a high-cost financial advisor who may know how to estimate their income. Most people haven’t decided on when to take Social Security. Nor do they know how much income they can take from their nest egg to make it last to age 90. No one knows what their market portfolio will earn since they don’t know which blend of stocks and bonds is right for them. They don’t realize how much of their investment earnings they will be giving up to their advisor over time. Most will only keep HALF what their money earns. Most people don’t know if they will have two incomes or one, whether they have to down size or not, whether they will health conditions that may bankrupt them. Americans don’t find out the answers until it is too late to do anything about it. Only rich people have a financial plan for later life.

Make a plan: https://www.amazon.com/Your-Plan-Live-Age-100/dp/1548180793

 

 

 

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

 

 

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

 

 

The Path to Dictatorship: 2010-2030

 

 

Insanity: “there would be no NATO if I didn’t act…” “I will leave NATO”

 

Trump’s coup tears country apart

 

Another armed domestic terrorist guilty

 

Another domestic terrorist conspired

 

Facebook: organized terrorists for Jan 6

 

How Govt wastes our money:

Too little too late: Free tests going to waste: https://www.covidtests.gov/

Congress finally agrees on lynching: Lynching Black folks is wrong: takes 247 years

GOP: you can settle your neighborhood disputes immediately: kill with unlicensed guns!

 

Judge stops TX state from deciding kids’ life or death: TX to punish parents: Jesus says

FL law "Individual Freedom" prohibits race-related talk in schools and work. Fascism

 

File taxes electronically: there are already 23 million returns not done from years before

There are no auditors to force the wealthy to pay the taxes they owe: poor are easy to tax

 

17 US representatives voted for Putin’s war: keep importing Russian oil

GOP delays sending assistance to Ukraine to give some GOP special perks

 

SCAMS/SPINS:

Trump undermining democratic institutions: billionaires pay for fake voter fraud

TX rejects 27,000 mail-in ballots: most Dem voters disenfranchised

CO GOP election official caught messing with voting system; undermine voter trust

Trump official lies about voting residence: trailer is not home: voter fraud--not arrested

 

Fake pictures raise hate in Putin invasion motives

Russian TV Uses Tucker Carlson and Tulsi Gabbard to Sell Putin’s War to Russians

 

GOP anti-vaxxers learn Covid shrinks their brains; explains silly thinking; Trump support

GOP: “We need to build more gallows”: raising $ millions from call for White violence

GOP’s vision: Cotton; Trump; Cheney; DeSantis; Pence; Scott; Cruz;

 

Trump’s plans to overthrow of US government: Stone heads criminal conspiracy

Trump Wants to Put China's Flag on Jets to 'Bomb the Sh*t' Out of Russia: prez 2024?

Putin follows Trump: ‘Fake News’ Law; Trump’s Urging That Comey Jail Reporters

 

Putin, Trump’s idol, going after the pregnant women and children now: ‘denazify’

Putin doesn’t care about war crime trials: who would arrest and try him?

Putin hires mercenaries from Middle East to kill Ukrainians in eastern border

 

Will Putin take HALF Ukraine—Russia declares ‘East Ukraine’ separate place?

Putin has China as backstop: new dictator alliance creates new commercial patterns

Putin embargo doesn’t raise gas price: speculators in market do: $20 in 2021 same oil

 

Raymond Erker OH caught stealing $9.3 millino in Ponzi: guarantee no risk returns

David Schamens NC caught stealing $6.8 million in Ponzi: loans to traders high returns

Scam via Venmo, Zelle or check that bounces: CC fraud ends up our account

Scams aimed at us: warranty, health, religion, SS, student loans: just hang up and survey

 

How to spot a government imposter scam: claim SS, IRS, etc

Johnny Stine WA caught selling fake vaxx for $400+; more demand when stop order sent

“Service fee: scam: order promised free shipping but at final screen, shipping is “service”

City National Rochdale caught overcharging clients, mislead, misinformed $30 mil fine

 

BEWARE: Subarus now sold without the tech that connects drivers to music, navigation

Paper products now thinner: Bounty, Scott, etc shrinking without warning.

Deed Notice Scam If you receive one, don’t waste your $98.

 

Anti-vaxx trucker propaganda raises money for the website not for the truck drivers

Unvaxxed continue to die: FL GOP watches dead top 970,000: personal freedom kills

BA.2 makes up 11.6% of COVID variants in U.S

 

Jobs

41,000 additional veterinarians needed to meet the needs animal healthcare by 2030.

IRS plans 10,000 hires to help clear millions of unprocessed tax returns

 

Who owns your account now?

Best paint review from Consumer Reports: $46-$90

NM Archdiocese Sues Insurers Over Sexual Abuse Coverage: victims waiting years

No humans: I had to write to CEO T-Mobile to cancel my account: no button; no CSR

 

I cut my car trips in half: all my short trip errands at one time

 

Miracles:

4,500 antiwar protesters arrested in one day in Russia

LeBron James had a 56-point game Saturday.

China to make electricity in the Gobi desert: no one will complain of noise

 

11-year-old Ukrainian walks 100s miles to Slovakia alone 

3,000 applications from people in the United States who want to fight Putin

Nearly 60% of Americans gave money last year. Average donation: $574.

 

Some really free stuff: certain rules apply: Congress gives itself the best stuff on 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

973.746.2014

www.InsuranceAdvisorsNetwork.com

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