Start your smart
investing with $401
You can begin your
positive investing experiencing by buying the $401 ETF called VOO, Vanguard
S&P 500 ETF. This low-cost index of the 500 largest
ETF shares can be treated like individual stocks but this index fund grows fastest if the shares are not traded. When you trade stocks or funds, you are losing the benefits of the Miracle of Compounding. You compound your earnings by using the dividends to buy more shares at no cost. By buying a share every month, you can grow your account to $400,000 in 20 years or $1.4 millions in 30 years. Without compounding you would probably end up with only $278,000 in 30 years.
https://www.amazon.com/Miracle-Compounding-Turn-day-into/dp/1470176513
Annuity Tax Facts You
Should Know
Because
annuities grow tax-deferred, you do not owe income taxes until you withdraw
money or begin receiving payments. Upon withdrawal, the money will be taxed as
income if you purchased the annuity with pre-tax funds. You’ll only owe taxes
on the annuity’s gains if it was purchased with post-tax dollars. Annuity
payouts for non-qualified annuities are partially taxed according to the
exclusion ratio, which takes into account the annuitant’s life expectancy. Beneficiaries
must pay taxes on their inherited annuity, but they can reduce the tax burden
by stretching the payout over their lifetime or by converting a qualified
annuity into a Roth IRA. When you take distributions or withdraw from the
annuity later in retirement, you will be taxed on the growth at your
then-current tax rate. Annuities are classified as either qualified or
non-qualified. Qualified annuities are funded with pre-tax dollars, typically
through an employer-sponsored retirement plan like a 401(k) or an IRA.
Contributions to these annuities are tax-deferred, meaning taxes are paid when
withdrawals are made. Non-qualified annuities, on the other hand, are funded with
after-tax dollars. As such, they require tax payments only on the earnings
portion at withdrawal. The exclusion ratio is used to determine what percentage
of non-qualified annuity income is taxable. Essentially, this entails
segregating the annuity payments into a principal component (not taxable) and
an earnings component (taxable). If an annuitant lives longer than his or her
actuarial life expectancy, any annuity payments received after that age are fully
taxable. That’s because the exclusion ratio is calculated to spread
principal withdrawals over the annuitant’s life expectancy. Once all the
principal has been accounted for, any remaining income payments or withdrawals
are considered to be from earnings. Withdrawals and lump-sum distributions from
annuities are taxed as ordinary income. They do not receive the benefit of
being taxed as capital gains. If you are the beneficiary and inherit an
annuity, the rules for taxation can vary depending on what type of annuity you
inherit. The rules on annuity taxation change so consult an annuity advisor or
IRS pub 575.
https://www.amazon.com/Not-Buy-That-Annuity-Guaranteed/dp/1466494573/
Advisor habits
that tell you to move on
1. Too Much Jargon, Not Enough Clarity—immature, hiding something. 2.
Product pusher—transaction relationship. 3. Avoiding compensation-talk—fear of
rejection, value of advice. 4. Immediate product/plan presentation—immature,
failure to listen to real needs. 5. Failure to use helpers—wasted time on
admin, waste of resources. 6. Over-use of tech—personal-touch relationship
lost. 7. Giving irritating paperwork/assignments—what am I paying you for? 8. Not
making regular contact the way you want it—no organization skills. 9. Uses
political talk—substitute for policy economic implications for you. 10. Not
fixing what went wrong—fear of blame, advisor is always Mr Fixit.
Maybe you have
outgrown your advisor: https://www.amazon.com/You-Beat-Wall-Street-professionals/dp/1986031373
********ACCOUNTABILITY**************?
Like 1776, this
period is a test
of democracy—We
rejected an "American
fascist" once
The
Path to Dictatorship: 2010-2030
Parallels of this era in the past
may hint at our future: democracy breaks apart legally
Billionaires
paid $881 million for votes in 2022
midterm elections
Nov 2020 Wealthy
discredit election process
Jan
6 2021 Direct
govt overthrow failed: guns
& bombs ready
Trump
engaged in a "criminal
conspiracy" to stop Biden
“I
don’t f—ing care that they have weapons”
Trump was “detached
from reality”
Trump
used mafia-style intimidation on the defenseless
Trump still terrorizing
election woman
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
January
6, 2021 “A
date which will live in infamy”
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
Trump: President
Biden is 'enemy of the state'
Christian
Nationalist Party (CNP) replaces
GOP
Apr 9 Illustrated
Anne Frank book removed by Florida school
Apr 21 Trump: “I
am your justice”
May 9 Trump
guilty of sexual abuse
Jun 8 Trump
indicted by the United States of America
Violation
of the Espionage Act
Conspiracy to obstruct
justice
Making false
statements
Conspiracy to defraud the
Conspiracy to obstruct
Congressional proceeding
Obstruction of and attempt
to obstruct an official proceeding
Conspiracy against right to
vote
Attempted coup
d'état by
any other name
Trump and His Gang Get the Mob Treatment
Aug 4 “IF
YOU GO AFTER ME, I’M COMING AFTER YOU!”
VIOLATION OF THE GEORGIA RICO (RACKETEER INFLUENCED AND
CORRUPT ORGANIZATIONS) ACT SOLICITATION OF VIOLATION OF OATH BY PUBLIC OFFICER
CONSPIRACY TO COMMIT INIPERSONATIN PUBLIC OFFICER FIRST
DEGREE
CONSPIRACY TO COMMIT FALSE STATEMENTS AND WRITINGS
CONSPIRACY TO COMMIT FALSE DOCUMENTS
FORGERY IN THE FIRST DEGREE
CONSPIRACY TO COMMIT FALSE STATEMENTS AND WRITINGS
FILING FALSE DOCUMENTS
SOLICITATION OF VIOLATION OF OATH BY PUBLIC OFFICER
FALSE STATEMENTS AND WRITINGS
SOLICITATION OF VIOLATION OF OATH BY PUBLIC OFFICER
FALSE STATEMENTS AND WRITINGS
Jan 2025 Dictator
pardons himself: his Supremes agree
How Govt wastes our money:
It is our micro chips that make Russian drones
effective at killing Ukrainians
GOP: talk of invading
Mexico to kill drug cartels. drop
Ukraine; make
SCAMS/SPINS:
Black and disabled students
disproportionately targeted for physical
punishment
It’s estimated that
more than 25,000 viable
organs are wasted each year: Biden to fix it
GOP: delay
our Social Security benefits instead of raising taxes
Title company sends mortgage
payoff to a fraudulent bank: scammer wire instructions
Recall: 236,000
Sentras for weak tie rod could cause loss
of steering control
Law
professors think Trump’s Jan. 6 disqualification is “automatic”: but his 5
Supremes!
Cuts
to Social Security and Medicare benefits for young people proposed by
Christie
Giuliani: I Have “Scientific
Evidence” but won’t show it
Trump
lashed out at a number of his favorite targets on Wednesday night
The Don, Racketeer: jailhouse
real ‘mug’ shot,
OnPassive caught defrauding
800k investors of more than $108 million: pyramid MLM.
Comcast caught promises
“10G Network” But “10G”
is a meaningless marketing term.
Heights Finance
Holding, Southern Management caught
loan-churning: extra costs, fees
Wells Fargo caught overcharged
10,900 advisory accounts: fine no jail
Todd Wachsman NY
caught put client
money in 1 stock that fell: client wins $1.8 million
Gold & metals
dealers caught targeting
older customers for TV sales: inexperienced.
Wall Street firms
caught conspiring to stifle
competition in the stock lending market.
Your life insurance,
annuities or individual investment accounts
may be hacked: list
Jobs
Teaching: some without
degree; some with $10,000 bonus: politically charged
Substitute teachers even waitress
filling empty slots; teachers leaving; no replacements
Electricians
needed here: high-paying no layoffs
School
bus drivers shortage in most states
15 remote-friendly
companies providing student loan benefits
Chaplain: ‘absence’ of God means it's
our responsibility to take care of each other
We need more people learning
trades: $54k to $67k per year average pay;
up 20%
Remote
Jobs That Are Hiring: good pay
Who owns your account now?
25% of world uses
nearly every drop of their water supply as demand exceeds supply
SAVE: 11 Things That
Are Free
at Libraries: check Collections, Services, eSources
Goldman Sachs may
sell high net worth clients’ biz to grow
‘ultra-rich’ biz
Public companies must
disclose
within four days all cybersecurity breaches
S&P
downgrades multiple US banks on growing liquidity worries
Schwab
to cut staff: your advisor may be moving
Prudential Financial
Taking Retail
Brokerage and Advisory Assets to LPL
Do
You Qualify for Social Security Spouse’s Benefits?
Biden
starts new income-driven student loan repayment program
Miracles:
Using a person’s
corneal stem cells to restore their
vision after a catastrophic eye injury
Wireless wearable sensor monitors
organ health has ‘potential to save and improve lives’
Synthetic biologists
tinker
with cells: get them to do new things: fight specific cancer
Medicine
without doctors? State laws are changing who treats patients.
Wind kites replace oil
fuel, a cost-effective environmental energy for cargo ships.
Gastric bypass
surgery keeps diabetes
in remission for years
FDA approved vaccine
that protects
newborns from respiratory syncytial virus, RSV.
Could robots
swimming in your veins hold the key to defeating
cancer?
Blood test might
“strongly predict” the likelihood
of heart or kidney disease later
Putin’s main
challenger Prighozin on his own plane crashed: coincidence
or plan ?
Steel vats hold sand, heated to around 1,000º F,
producing stored
energy
Survived: 'Miracle
house' owner hopes it will serve as a base for rebuilding
Lahaina
@
Our Universe is Mind-Blowing
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 (galaxies
to stones) in universe made of subatomic
energy ‘vibrations’
A subatomic ‘particle’
is the smallest possible vibration (quantum) of a quantum field.
A ‘particle’ is an event;
not an objective thing. This event is set of complex relationships.
Mass–energy
equivalence: E=mc^2. At the smallest
level; Everything is moving
Energy into matter: scientists
converted light energy directly into matter in one step
In place of atomic
lattice, light
waves used to create an optical lattice with same geometry
Physics Nobel Prize:
“entanglement” 2
particles share info instantly at a distance
Quantum
mechanics violates local realism: two objects behave as single system at
distance
“It may be that gravity and quantum mechanics are
exactly the same thing,” Leonard Susskind
Gravity
might induce the collapse of quantum vibrations into 1 quantum state—our
world
Strange state
of physics that allows energy
to flow frictionlessly through a material.
Bending light from
extreme gravity reveals largest black hole
so far
Curved
SpaceTime: heavy masses and simultaneously quantum effects become visible
There is no TIME at this
level because of force fields come and go in all directions.
Universe expanding: events
may not come together like they did before: created our time.
Our planetary
system: rarest
system: only 1% of all systems with same number of planets
Stars fueled by the self-annihilation
of dark matter might have been spotted for the first time by JWST
Inside protons,
neutrons, it
is the fields of the virtual particles that creates its mass.
Gold
made from neutron stars: collisions produce more neutrons:79 protons,118
neutrons
The proton
is so complicated science still finds new energy entities/forces every
year.
“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.
New method to study systems
with long-range interactions: previously puzzling experts
The electricity we use comes
from the field around the wire not from electron itself.
Scientists
build 'baby' wormhole as sci-fi moves closer to fact: inside quantum
computer
starts-with-a-bang/universe-expansion-not-accelerating/
Physicists knew black
holes eventually disappear particle by particle. Now they think everything
else does, too.
Astronomers
discover raw
materials for life are present all across the Universe: methyl cation
@
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
http://www.theinsidersguides.com/
Alerts available at http://dankeppel.blogspot.com/ No AI used in these comments
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