What to do when you don’t know what to do?

 

Are strong dividend stocks for you?

When the market is down and talk of recession is high, many of my readers move more money into a dividend-producing stock fund like Vanguard’s Dividend Growth Fund. With a low expense ratio of 0.27%, you get to keep more of your earnings. Dividends are taxed at a lower rate than other gains so this fund is perfect to hold in a non-qualified account. There are no purchase, redemption or 12b-1 fees so you keep more of your earnings. This fund provides long-term returns of 9% and current return of -8.84% YTD while avoiding the downdraft of the current market at -18%. The fund focuses on high-quality companies that have both the ability and the commitment to grow their dividends over time. So when stock prices are down, dividends keep coming across many sectors of the economy. Overcome inflation: keep your money growing in retirement.

https://www.barnesandnoble.com/w/what-to-do-with-your-rmd-dan-keppel-mba/1128673366

 

 

4% of Americans have a million-dollar retirement nest egg

How did they get to over a $1,000,000? Not all of them are entrepreneurs or recipients of a family legacy. Some humble people earning the average American salary have crossed the mark before retirement. A survey of regular investors found that only 4% reached their goal. Advisors tell us to “do the math” to find your number. For most folks that is really impossible until it is too late to do anything about it. You won’t know your SS benefit, your pension or 401K/403B/IRA number until later. Some folks can estimate what they will need but inflation could strike at the last minute like it just did. But life is uncertain and you could be hit with layoffs or severe illness/accident right before retirement just like we all experienced. The only sure strategy is to invest early, consistently and paying little for the average market returns of 11% a year. It is time—compound earnings—that gets you there. If you pay an advisor to invest for you, you may be giving away up to 63% of your potential total, according to one analyst. Most of us don’t learn about basic investing early or about the low-cost way to benefit from stocks. Only 4% of us have smart parents or meaningful college courses to teach us. Give your child a leg up. Use the simple Buffett method.

Sign them up early: https://www.amazon.com/New-American-Retirement-System-ReserveTM/dp/1461030072

 

What to do when you don’t know what to do?

Every investor is faced with conflicting information. Advisors who are paid by you and I are supposed to know what to do in these times. Some of them believe that activity—any activity—is good since it shows they “know” what to do. As one who worked on Wall Street and with advisors for years, believe me, they don’t know. So what should you NOT them do? The best unbiased money managers like Warren Buffett say: DO NOTHING. Buffett said that his holding period is “forever.” Your gut is telling you to sell all your investments NOW. But wait, Warren Buffett, world's greatest investor, says, “Most investors, both institutional and individual, will find that the best way to own common stocks is through an index fund that charges minimal fees.... Paradoxically, when ‘dumb’ money acknowledges its limitations, it ceases to be dumb.”

https://www.amazon.com/Snoring-Best-Way-Create-Wealth/dp/1466408928/

Why do wealthy folks keep buying stocks when the market is down 15%?

Those with money have money because they don’t keep their money in banks that pay less the cost of inflation. They have learned over time that the market goes up about 11% per year over time. So if the PRICE of stocks (not the number of stocks or the value of the company they represents) goes down, they buy more. The stocks are on sale in effect. They know the price will rise again. Most of them have lived through this up and down effect. Since 1871 the average return is 11% but some years down 37% up 28%. Rich people don’t need an advisor to buy fewer shares when the price is high and more when shares are low. The wealthy know that paying an advisor for life can reduce their possible nest egg by 63%: OUCH. So they don’t use one. They use a low-cost fund manager like Vanguard’s Windsor Fund and keep on investing the same amount year in, year out.

You can buy like the rich automatically using the best Robo-Advisor available.

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

 

How much is your advisor overcharging you?

Many of my readers are suffering PAPER losses during this 2022 market sell off. The losses are not real unless they foolishly sell. What surprises them is how investors can let advisors continue to take money from folks when they are showing losses. When advisors take their quarterly fees, these are REAL dollars leaving clients’ accounts, not PAPER losses. Readers have learned the hard way that COST is the best predictor of investing success. Success with stock-picking is short lived. The advisor that tries to trade securities to avoid losses or capture gains is doomed to lose money. There are few successful masters of market timing. Listen to Warren Buffett: "The stock market is a device for transferring money from the IMPATIENT to the PATIENT." According to an unbiased Morningstar study, low-cost funds beat high-cost funds PERIOD.  “In every single time period and data point tested, low-cost funds beat high-cost funds.” Over time advisors can take up to 63% of your potential nest egg. Use low-cost fund vendors.

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

 

 

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

 

 

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

 

 

The Path to Dictatorship: 2010-2030

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

 

Nov 2020 Wealthy discredit election process

 

Nov 21 2020 Trump’s Plans for a Coup: criminal

 

Nov 21 2020: Trump plan: US Marshals seize voting machines

 

Jan 6 2021 Direct assault failed: guns & bombs ready

 

Trump engaged in a "criminal conspiracy" to stop Biden

 

“I don’t f—ing care that they have weapons”

 

Trump “detached from reality”

 

Trump used mafia intimidation on the defenseless

 

Parscale: “a sitting president asking for civil war.”

 

Trump: “Just say the election was corrupt and leave the rest to me” 

 

GOP fascism: “RINO hunt armed; no bagging limit” J6 comm threat

 

Trump’s Supremes END personal rights & state laws except for weapons WMDs

 

Fascism: GOP to stop women leaving state for abortion

 

It’s not a court. It’s a junta: Two Americas

 

 

Nov 8 2022 Trump’s “national revolution”

 

 

 

How Govt wastes our money:

Will any of the J6 coup instigators ever get tried and go to jail? Rich have all the lawyers

Sedition: If GOP wins 2024, Dems can overthrow GOP govt: no law/order in fascism

The SS phone messages deleted not SOP unless guilty of aiding a coup attempt

Can Trumpists try to overthrow an elected government and get away with it: no jail time?

Trump vows to install his “Brownshirts” in government positions ending civil service

 

Election deniers are running to control Dem voting: GOP determines 2024 election

Can America prevent the next GOP coup? Is GOP now the “terrorist overthrow” party?

GOP brainwashes county sheriffs to investigate elections: voter ‘fraud’ is widespread.

New Georgia voting law reduced ballot drop box access in places that used them most

 

Christian Nationalists strive to get their religion into schools: states push favorite prayers

Congress gives another $280 billion subsidy to those who need it least: Intel

Climate polluters asked to help pay for cleaning environment they soiled; big profits too

 

SCAMS/SPINS:

Private Advisor Group caught overcharging for mutual funds shares 12b-1 fees forever.

Adam Thomas Marquardt caught moving client money resigned failed hearing: defrocked

Ishan & Nikhil Wahi Sameer Ramani caught insider trading Coinbase: Twitter user saw it

 

Former Rep Stephen Buyer (R-IN) caught insider trading: nonpublic information: no jail

SCAM: New Crypto App: setting up a website that mimics a well-known financial firm

U.S. Bank caught illegally accessing credit reports, open fake accounts, fake sales: fine

 

Hyundai caught giving inaccurate information to credit bureaus; fail to fix: fine, no jail 

J.P. Morgan, UBS, TradeStatn caught operating failed identity theft prevention programs

 

SCAM: 76 fake charities using names of legitimate-sounding nonprofits: check first

 

FCC orders phone companies to block auto warranty scam robocalls

Putin orders Google to stop showing Ukraine war video/interviews: fine $374 M

Hackers use the "forgot your password?" tool to trick into giving up their login

 

Hackers use “YouTube”keywords to link fake Windows Defender tech support: ransome

Albacore white tuna contains three times the amount of mercury as skipjack light tuna.

 

Facebook groups create the fake reviews for money:

Uber caught overcharging disabled: $ millions to settle lawsuit

Trident Mortgage caught redline intentional discrimination Philly families: fine, no jail

Wawa caught failed to use 'reasonable' security measures to stop hackers: our data

 

SCAM: “good deed homeless man” trick on social media: scam netted around $367,000 

SCAM: why food basics rose so fast: grain merchant ADM profits up 74%

 

TX doctors not sure how to help pregnancy with complications: legal delays can kill

GOP wants to end freedom to use contraception: some want to end legal sex activity

Republican donors still paying for Trump’s tax and political crime defenses

Another Trumpist “does not recall” what they said on J6 to WH staff: convenient!

 

People in GOP counties higher death rates than Dem counties: health policy deniers die

Predictors of long COVID: obesity and hair loss at the time of infection, USC study

6-year-old boy fatally shot 5-year-old sister in their home: parents taught boy to shoot!

 

Jobs

In 2009 dollars, minimum wage has fallen over the past 13 years to just $5.27 per hour.

 

Who owns your account now?

Home: typical down payment, 7% or $27,400 keeps average renter out of home

I Bonds: inflation continues so great to keep for 5 years to get best rate: $10K limit

Women money managers take less risk and don’t sacrifice return: consistence vs trading

Lemonade buys Metromile pay per mile insurance

 

Miracles:

Finally, USPS buying EV instead of gas: Trump’s postmaster forced from his oil shares

Glaciers vanishing at record rate in Alps following heat waves

 

New gene therapy could finally cure hemophilia B

Blood test allows the detection of Alzheimer's 17 years in advance

HIV patient is effectively cured after stem cell transplant

Alcohol directly accelerates aging, an extensive genetic analysis reveals

 

Kyiv nightlife comes back amid urge for contact. “This Is the cure.”

Monkeypox named a global health emergency after it reached over 70 countries. 

Congress to help veterans who were exposed to Agent Orange in 1961-71 Vietnam.

 

13-year-old is headed to medical school year after graduating high school: memory cells

 

 

The oldest galaxy we have ever seen in the universe: light from 13.8 billion years ago

 

 

 

 

 

 

@

Light is both a particle and a wave depending on how we look at the light.

I don’t think that there is any such thing as a position or a velocity of a particle.

Everything in universe: galaxies to stones made of subatomic energy ‘vibrations’

A subatomic ‘particle’ is the smallest possible vibration (quantum) of a quantum field.

Mass–energy equivalence: E=mc^2.  At the smallest level; Everything is moving!

Inside protons, neutrons, it is the fields of the virtual particles that creates its mass.

“Empty space is a boiling, bubbling brew of virtual particles that pop in and out of existence in a time scale so short that you can’t even measure them.” Space expanding.

 

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/

 

Avoid extra fees when you move your 401k or 403b

 

What should your retirement plan include?

My readers have told me what they covered in their plan. Most did a plan by themselves with help from resources available online. Some hired a financial planner to do a written projection of their anticipated income and expenses. This required pulling together all the documents about their financial assets, projected pension, SS benefits, and expenses. First, they discussed where they would live and the costs. Second, providing 2 budgets—one for the couple and one for the survivor. Third, they identified where emergency funds would come from. Fourth, they decided how much market volatility they could stand and how long their money would last. Some used a calculator to estimate their probability of having enough for 30 years of income given a 50-50 equity/fixed split and normal inflation effects. Fifth, they considered the costs/benefits of a long-term health care policy for both—single and joint coverage. Generally, they overestimate market volatility and thus reduce equity exposure early. This leads to a shortfall as folks usually live longer than their parents. You can’t live—really live—without a plan.

https://www.amazon.com/Your-Retirement-Spending-Plan-enough/dp/1461084016

 

This is how the rich evade paying taxes so we go farther in national debt

Tax lawyers are not cheap but a $1 million fee is nothing compared with saving them $200 million. The IRS has no auditors smart enough to crack the lawyers’ techniques of hiding wealthy money in the foreigners’ accounts they use. Yachts are great for hiding  expensive art and gold since IRS does not seize them in foreign waters. Rich people have a lot of clout in society so prosecutors and judges need a perfect case before setting up a trial. Also witnesses get afraid and evidence gets lost. Sounds just like a mob case. Few of the smart lawyers go to jail and the rich folks like Mr Smith just make a deal with the IRS to pay 50 cents on the dollar owed. They don’t give up their money or go to jail: “Too big to fail” just like their corporate interests. The lawyer motto is ‘delay delay delay’ since the circumstances, prosecutors and presidents change. Will justice ever come for us lowly taxpayers stuck with the bulging national debt? We have one alternative: a working person’s tax haven. This account, §408A was created by the IRS so that working people could have tax-FREE retirement income. It is available through any financial institution and operates like a ‘tax haven’ without the expense of an overseas trust.

https://www.amazon.com/Your-Tax-Haven-Tax-FREE-Americans/dp/1482659441

 

Workers getting paid less need help

This survey asked workers what they need to succeed. Schools and employers should help workers learn financial basics: savings, debt, interest and investment. Too often we get deep in debt with our first job. Unless parents have learned the hard knocks of debt control and investing, young people never get the basics right. Many have no checking account to budget for their expenses. Few learn of the incentives to invest and compound their earnings over time. If their wages remain stagnant, there is no way to save after food, rent, and transport are paid. Subsidies for those in crisis are not easily acquired. Health care is considered a luxury in America: get sick or hurt in accident and most of us are on our own. Health care is a for-profit industry not a service to help the unlucky. The industry that can help with money matters is also a for-profit one that relies on us paying life-long commissions and charges. The lack of a living wage for the average middle-class family has condemned the bottom 80% wage-earners to a life-long struggle. Since the 1970s, the bulk of profits in American corporations has gone to senior management. Most of the wealthy have found ways to avoid paying their fair share of taxes to maintain a healthy society. Our Reps pay subsidies to companies to keep them from moving.

https://www.amazon.com/Americas-Socialism-Rich-little-people/dp/1535218584

 

Avoid extra fees when you move your 401k or 403b

Many retirees have been tricked into rolling their employer plan into a high-fee IRA. Retirees avoid a huge tax bill when they trustee-trustee transfer not receive/rollover their qualified employer plan account into an IRA. Few employers provide the correct information about moving your account when you retire. Some employers may feel they can’t provide the information because of the liability if you make a mistake. Pre-retirees may be told to go to a financial advisor for help. The problem is that advisors are not unbiased info givers. They make money handling your money and they are not going to give you the best way to move your valuable nest egg. In many situations, advisors stand to make $hundreds of thousands by establishing your account in a certain way. The IRA offered by their firm may have high annual fees and the firm will add more fees depending on the types of assets your advisor puts your money into. Thus your annual account costs in your old plan might have been 0.50% and your new costs might be 2% all in. Over the 30 or so years in retirement you may be giving away $380,000 ($464,000 from 2% net earnings vs $844,000 from 4% earnings). The best way is to have the trustee at a low-cost mutual fund do the transfer directly. Avoid the middle-person markup.

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

 

Are single-stock ETF offers right for you?

“So I think we’re gonna see ETF issuers blanket the market with all varieties of these ETFs: leverage, inverse, options overlays, you name it.” At least 85 more such ETFs are currently planned, according to filings tracked by Bloomberg, covering some 37 companies. There will be more high-cost (1.15%) products. With a never-ending fee war taking costs on index-tracking ETFs to rock-bottom levels, the arrival of single-stock products opens up a lucrative avenue for issuers, with leveraged or inverse trades tracking major companies up for grabs. Most investors will not understand what goes into their ‘gobbledygook’ security. The regulator’s concern is greater risk for investors and the markets. “Investors’ returns over a longer period of time might be significantly lower than they would expect based on the performance of the underlying stock.” Complex products need to be reviewed by the SEC before their use becomes common for retail sales. Investors who wish to risk leverage can do so on their own now at less cost.

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

 

 

 

 

 

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

 

 

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

 

 

The Path to Dictatorship: 2010-2030

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

 

Nov 2020 Wealthy discredit election process

 

Nov 21 2020 Trump’s Plans for a Coup: criminal

 

Nov 21 2020: Trump plan: US Marshals seize voting machines

 

Jan 6 2021 Direct assault failed: guns & bombs ready

 

Trump engaged in a "criminal conspiracy" to stop Biden

 

“I don’t f—ing care that they have weapons”

 

Trump “detached from reality”

 

Trump used mafia intimidation on the defenseless

 

Parscale: “a sitting president asking for civil war.”

 

Trump: “Just say the election was corrupt and leave the rest to me” 

 

GOP fascism: “RINO hunt armed; no bagging limit” J6 comm threat

 

Trump’s Supremes END personal rights & state laws except for weapons WMDs

 

Fascism: GOP to stop women leaving state for abortion

 

It’s not a court. It’s a junta: Two Americas

 

 

Nov 8 2022 Trump’s “national revolution”

 

 

 

How Govt wastes our money:

Congress to vote on banning WMD weapons of mass destruction: kill 30 with one spray

Texas sues Biden for requiring abortions in medical emergencies: TX lets moms die?

Fed govt does not recognize unborn ‘child’ as child: need birth certificate for tax credits

 

Will any of the J6 coup instigators ever get tried and go to jail? Rich have all the lawyers

Felon 2024? Trump responsible for deaths in J6 riot: is it manslaughter or free speech?

Will Biden Justice Dept fail to use J6 testimony to indict GOP head: Trump walks?

Secret Service: ‘missing’ Jan. 6 texts are our ‘secret’ acts: ‘deep state’ defies Congress?

 

20 states deny student choice of gender ID: state will tell you what sport you can play

Congress gives $52 billion subsidies/tax credits to technology industry: already wealthy

Biden tested positive for Covid-19: Saudi prince gives Biden more than bad press

 

SCAMS/SPINS:

War weapon bullets are meant to destroy kids, families, lives: fun to shoot 30 rnds/min

If everyone has a gun: fight turns into shooting at CA bowling alley: 1 dead, 2 shot

Good gun in mall saves shoppers: proves handgun can’t outdraw war weapon: 3 dead 

 

SCAM: text from your bank warning of fraud is beginning of scam. Call them first.

Equitable Financial Life caught misleading teachers on 403b fee statements: fine no jail

Regulators caution Deferred Income Annuities: pay now; income comes later: inflation?

 

Forget jellyfish drug, improve memory with these proven methods: costs nothing

Recall: Skittles contain known toxin, unfit for human consumption, lawsuit claims

Website legit? Check it for history of bad guys: https://check.getsafeonline.org/

Men are more likely than women to respond to scams offering fake info survey says

SCAM: ‘voter verification project’ “We're working off city voter list” 2 guys at the door 

SCAM: IRS does NOT text with links, asking you to verify bit of personal information.

Value of the federal minimum wage has reached its lowest point in 66 years. High 1968

 

$80,000 Tesla was stolen with a $20 device: hackers know how digital ‘key’ works

Disney Raising Prices on ESPN streaming service: all will follow?

Corporate CEOs gave themselves an average 18% raise last year. Workers lost 2.4%.

 

Congress may thwart 2^nd GOP coup attempt: change rules on elector counting

Throughgoing SOB Gohmert only no vote  suspend tariffs for imported baby formula.

Idaho Republicans poised to reject 2020 election results: Sieg Heil to Trump

Terrorists threaten daughter of doctor who gave 10-year-old an abortion legally

 

Clarence to end mixed marriage. Will he have to divorce his white wife? Loving vs VA

 

Jobs

NJ school senior management pays $300K: many openings

IT and manager jobs: flex hours

Many pandemic retirees are going back to work simply because they’re bored

 

 

Who owns your account now?

Medicare facilities in your area rated

Median home price was $416,000 last month, up 13.4% year ago: 5.86% fixed 30 yrs

Save 15% back to school Target to 9/10

 

 

Miracles:

Last month was among Earth’s warmest Junes ever recorded: UK all time record 40C

Lake Mead dry shows all the sunken junk for years: boats, guns, furniture, fish

 

July 21 1925, John Scopes found guilty of teaching Darwin’s Evolution: repeat history

 

One woman giving 4,000 Kenyan kids a chance for a future through recycled computers.

Unique in all the billions of stars and galaxies: why don’t we take care of what we got?

How romantic: rich and famous use Vegas drive-through chapel; low-cost wedding

TicTocker saves wedding from 3 Uber driver cancels:

 

Mom faints when baby falls in drain then can’t get out: rescue by ‘backhoe’

Gene-therapy that can effectively reverse a state of near-total blindness

 

MIT 1^st: significantly amplify and measure quantum changes in atomic vibrations

 

 

 

@

I don’t think that there is any such thing as a position or a velocity of a particle.

Light is both a particle and a wave depending on how we look at the light.

Everything in universe: galaxies to stones made of subatomic energy ‘vibrations’

A subatomic ‘particle’ is the smallest possible vibration (quantum) of a quantum field.

Mass–energy equivalence: E=mc^2.  At the smallest level; Everything is moving!

Inside protons, neutrons, it is the fields of the virtual particles that creates its mass.

“Empty space is a boiling, bubbling brew of virtual particles that pop in and out of existence in a time scale so short that you can’t even measure them.” Space expanding.

 

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/

 

safest way to build a nest egg

 

Which is the safest way to build a nest egg?

A recent survey listed the most popular places to save for retirement. Unfortunately, most of us do not understand the safest way to build a future nest egg. My readers have shared their experiences over 20 years with me. Here are the pros and cons of each place the survey listed: Building a successful business. Most businesses fail even those established for years. Competition is fierce. An annuity is a very expensive bank savings or CD. It is not good for building a future nest egg since the earnings are low or reduced by costs. A health savings account has tax advantages and can help us pay for future expenses. It can be a supplemental savings vehicle since it is not the best for long-term investments. Rental real estate has built tremendous wealth for many generations of Americans, including my readers. Some readers have managed their own buildings and done very well. Others have part of their 401k invested in a REIT fund like Vanguard’s. This low-cost investment has earned over 9% over time. Survey respondents like saving for the future in their own home. Some readers have done this as a supplement to investment since they primarily use it as their residence. Long term, earnings have averaged about 5% but most readers feel this asset is not the safest way to build an asset for retirement income. They can’t sell part to cover expenses in retirement. Permanent life insurance may provide you with a legacy to your heirs but is an expensive savings vehicle. A 401k at work or a self-directed IRA holding low-cost stock funds is the safest way to build a nest egg, my readers agree. There are two flavors: contributions can reduce current taxes or much more tax-advantaged, all future earnings (11% a year is average) are tax FREE.

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

 

How large a nest egg will you need to live on?

The same survey above shows that 29% think they can make through 20 or more years with less than $100,000. However, most people have never done the math—they guessed.

Many think they will work past age 65. Depending on their current income and assets, each group of responders said they will need higher amounts in retirement:

 

$2 million or more: 17% of respondents’ amounts

$1 million to less than $2 million: 16%

$500,000 to less than $1 million: 16%

$100,000 to less than $500,000: 23%

Less than $100,000: 29%

 

My readers said they spend about 3.5% of their nest eggs each year so they have enough for 30 years. $1 million provides about $35,000 in addition to their Social Security and other income stream. My readers used a Monte Carlo estimator to help them plan for their spending in retirement.

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

 

Investing is not gambling

Professional gamblers love to say that if you find gambling exciting, you are doing it wrong. The same wisdom applies to investing. The myth of making a fortune by buying the right stock at the right time is fake news; broadcast hype to enrich the media. The real story is how steady contributions to a low-cost index account use the Miracle of Compounding to turn $9 a day, $250 a month, $3,000 a year into $2,000,000 during your lifetime. A $2 million doesn’t come overnight. Most of us couldn’t manage $2,000,000 if we won it at once. Most lottery winners are broke in a couple of years. Compounding is money making money on itself. $3,000 becomes $50,000, then 210,000, then $660,000, then $2,000,000 in each 10 years. Warren Buffett proved this by beating 5 hedge funds with the Vanguard 500 Index Fund. In the last 10 years, investors gained 11% total return in their mutual fund investments. For those who gambled on timing—buy and sell—Morningstar found they earned 9.3%. Pay less; earn more—boring—buy and hold.

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

 

 

One account to invest for tax-Free benefits now and for the rest of your life

This account provides you with best way to save for all your financial needs. And the earnings can be used without taxes. You can keep making contributions so you have more later and you can leave a legacy with any remainder. You don’t need to take money out to be taxed like a pension. You can make contributions each year up until tax time of the next year. You can take out contributions for emergencies anytime. You can use your money for a home down payment. A non-working spouse can have their own account which the working spouse can fill so you double your benefits. You can use some of the money to pay for college. This account, §408A was created by the IRS so that working people could have tax-FREE retirement income. It is available through any financial institution and operates like a ‘tax haven’ without the expense of an overseas trust.

https://www.amazon.com/Your-Tax-Haven-Tax-FREE-Americans/dp/1482659441

 

Our readers have survived the 2022 market downdraft by looking away. As long as they don’t sell, they don’t have a loss—it’s only a paper loss. They conclude that unemployment and consumer buying are still strong, so they can wait markets out.

 

2022 Total Return Fund                    Long-term Return      Longevity

-17.5% 500 Index                                            11.2% since 1976

   6.5% Energy                                                   8.8% since 1984

-25.1% Extended Market                                 10.7% since 1987

 -5.8% Health                                                   15.8% since 1984

-29.7% International Growth                            11.4% since 1981

-15.3% PRIMECAP                                        14.0% since 1984

-19.2% Small Cap Index                                  10.6% since 1960

 -9.9% Wellesley Income                                    9.6% since 1970

 -7.8% Windsor                                               11.4% since 1958

-15.4% Windsor II                                           11.2% since 1985

-13.92% Average 6 months 2022                     11.5% *

            *Average Annual Returns as of 6/30/22

 

 

Help your child, grandchild start a $1 million fund

They will need a million dollars since inflation can reduce the buying power by 50% in just 20 years. Since common stocks have the best history of keeping ahead of inflation, a broad portfolio has the best chance of delivering steady returns. Since 1871 a basket of stocks (dividends reinvested) has provided 11% returns. Ordinary inflation is 3% not 8.6%, so right now stocks are cheap. If you show your kids that an 11% long-term return can turn $250 a month into $1,000,000 in about 34 years, they will not try to beat the market with fast trades through a $0 commission broker. Show them the math: $250 per month for 34 years costs $102,000 in contributions. They earn $898,000 in dividends and capital gains. If they use their special IRS tax-FREE account, they avoid about $225,000 in taxes when they take their money out to live on. Remind them that Warren Buffett bet a million dollars on a low-cost market index fund to beat 5 super stock pickers. Buffett recommends you use the Vanguard 500 Index Fund. Why? You can waste up 63% of your returns when you use an advisor/broker. And if the kids trade to beat the market they may end up with the historical broker account average of 3.79% not 11% a year. That’s $208,865 instead of $1,021,768 after 34 years. Show them the Way.

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

 

You don’t need an advisor if you start investing early

The method of investing above in “Help your child, grandchild start a $1 million fund” shows that it is easy; but hard to stick with. Learning how to manage money early makes it clear that you don’t need an advisor taking up to 63% of your long-term accumulation by charging you every quarter and trading on hot tips. Those who start SS benefits early are missing out on 8% guaranteed accumulations from age 62 to 70. If you start early, your nest egg has grown enough to take out money for an emergency. Same with the IRS requirement to take IRA distributions (RMDs) by age 72. If you are contributing to a tax-FREE version of an IRA, you never have to take RMDs until you really need them. Even then you avoid extra taxes. By the time you retire, you can have a non-commission one-fee financial planner scope out your income and expenses so you will never run out of money. They can advise you on taxes, charity, legacy, etc without having to pay for an expensive annuity for the rest of your life. Retirees cite early start as their best advice.

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

 

 

Another business subsidy paid from our taxes

We taxpayers will pay for the pensions of workers who were left with almost nothing by their employers. Workers’ pensions are backed by the govt’s Pension Benefit Guaranty Corporation when their employers fail to pay what workers were promised. Usually retirees receive 60-75% of what their contract promised. Treasury gave $90 billion to rescue troubled multiemployer pension plans. The Butch Lewis Emergency Pension Plan Relief Act will save an estimated 268 plans and the pension benefits of millions of workers and retirees. These multiemployer pension plans have been in trouble for years as more employers walk away from their obligations to retired workers and their spouses. Like the Social Security trust fund, future obligations were not supported by the firm’s management contributions. Future SS benefits will be cut by 2034 because senior management with salaries over $142,800 is exempt from the SS tax. Current political trends do not support tax proposals to save fully funded benefits.

We are on our own: https://www.amazon.com/Americas-Socialism-Rich-little-people/dp/1535218584

 

 

 

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

 

 

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

 

 

The Path to Dictatorship: 2010-2030

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

 

Nov 2020 Wealthy discredit election process

 

Nov 21 2020 Trump’s Plans for a Coup: criminal

 

Nov 21 2020: Trump plan: US Marshals seize voting machines

 

Jan 6 2021 Direct assault failed: guns & bombs ready

 

Trump engaged in a "criminal conspiracy" to stop Biden

 

“I don’t f—ing care that they have weapons”

 

Trump “detached from reality”

 

Trump used mafia intimidation on the defenseless

 

Parscale: “a sitting president asking for civil war.”

 

Trump: “Just say the election was corrupt and leave the rest to me” 

 

GOP fascism: “RINO hunt armed; no bagging limit” J6 comm threat

 

Trump’s Supremes END personal rights & state laws except for weapons WMDs

 

Fascism: GOP to stop women leaving state for abortion

 

It’s not a court. It’s a junta

 

 

Nov 8 2022 Trump’s “national revolution”

 

 

 

How Govt wastes our money:

Supremes decide coal and steel industry better judge of how to stop warming than EPA

Supremes’ EPA condemn US to more heat, fires, floods: no limit to warming; then deaths

Biden bows to prince for oil: US needs more refineries not more oil: Big Oil say no new

 

In some states, unborn ‘child’ viewed by law: provides higher child tax credits; deduction

 

Christian Nationalist lobby hides donors, avoids taxes: filed as “association of churches”

Washington or Sri Lanka: armed mob overthrows the government

J6 Terrorist outlines domestic extremism vision USA: Defense to grab voting machines

 

John Bolton said he planned overthrows in our name. Trump’s coup did not work well

Congress to vote on banning WMD weapons of mass destruction: kill 30 with one spray

 

SCAMS/SPINS:

Bullets of war weapon are meant to destroy kids, families, lives: fun to shoot 30 rnds/min

Private citizens CA local governments can sue firearms businesses when harmed

Manchin coal firm owner, kills climate change initiative keeps $ millions from taxation

 

Bank America caught freezing unemployment benefits in pandemic: faulty fraud alert

Dean McDermott PA caught selling unit investment trusts with extra charges 

Matthew Eckstein NY caught $12 million Ponzi 50 retirees “safe 2 year” prison 3 yrs

 

ACE Cash Express caught overpaying payday loans: fail disclose no-fee plans  

Auto Warranty Scams: ID thief uses your actual data to trick for more

Scam: car dealer tricks that give car sales the worst reputation among the worst

 

Scam $199 claims to stop home ownership title fraud: Home Title Lock deception

Most Medicaid mental health directories list ‘phantom’ providers that don’t exist

Medicare Part D Patients Overpay for Scrips: Huge Price Variation in Part D Plans

Worst Minivan: Consumer Reports and J.D. Power agree: Pacifica

Tesla head Elon says no self-drive has ever crashed: 8 owners filed claims already

 

SS members erase text messages about their activity as Trump coup fails. SS denies it

General Flynn Trump advisor caught taking unreported $450,000 from Russia/Turkey

How the gun experts justify kids buying AR-15 30-round war weapons

 

Crypto giant Binance became a hub for hackers, fraudsters and drug traffickers

Crypto lender Celsius is "deeply insolvent" can’t honor its obligations to customers

Axie Infinity game fraud $620 million worth of cryptocurrency was stolen

 

Beware: Travel fees are back in 2022: everything fees

Beware: Biden Jul 4 slow speech vid faked to imply Biden slurred speech mental health

 

Forget brain drugs: train your brain to avoid Alzheimer’s: Cross-train your brain

 

Jobs

Most in-demand high-paying jobs: nurse, drivers, sales, manage ops, retail manager

best-jobs-of-2022

richest self-made women $215 million minimum for top Forbes list

 

Who owns your account now?

California will make its own insulin to fight drug’s high prices: Medicare for all?

Inflation 9%: fuel, food up but not wages

 

Miracles:

Great way to beat high cost of wedding and make American culture great again!

New quantum communication: instant internet ‘entanglement’ demo

TX driver got ticket in HOV lane: police says unborn child does not count as child???

 

Jane Rigby, Webb’s operations project scientist: how she makes it work

Webb photographs stars near beginning of time: 13.5 billion years ago: light just arriving

 

New: Birth Control Pill Available Without a Prescription HRA Pharma

New proposed rule could transform student loan interest: savings

Italy has declared a state of emergency in five northern regions: Po River dried up

UK issues first extreme heat warning as record temperatures loom

 

 

Church sued for sex abuse child’s parent psychological injury: many parents suffered

LA to mask up: immunity-evading Omicron subvariant, called BA.2.75 in breath

 

 

 

@

I don’t think that there is any such thing as a position or a velocity of a particle.

Light is both a particle and a wave depending on how we look at the light.

Everything in universe: galaxies to stones made of subatomic energy ‘vibrations’

A subatomic ‘particle’ is the smallest possible vibration (quantum) of a quantum field.

Mass–energy equivalence: E=mc^2.  At the smallest level; Everything is moving!

Inside protons, neutrons, it is the fields of the virtual particles that creates its mass.

“Empty space is a boiling, bubbling brew of virtual particles that pop in and out of existence in a time scale so short that you can’t even measure them.” Space expanding.

 

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/