Which is best for
you: T-bills or Treasury bonds?
The current Treasury
yield curve is deeply inverted, offering 5.4% for one-year T-bills and just
4.3% for 10-year Treasury bonds. The 10-year rates a year from today are no
more likely to be higher than lower than they are today. It is hard to know if
the short-term boost is worth missing the longer term high-yield bonds. The
trick is to know when to move back into bonds when the market changes. For most
long-term investors, this way to pick up a bounce in income may not be worth
the disruption in their accounts. Remember market timing like this is
impossible 2 times in a row—getting out and getting back in—at the right time.
The future is unknown and the safest strategy is to go with the most likely
outcome: Buffett’s strategy.
https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592
Paying regular
monthly fees and charges can cost you big bucks
Are you paying bills
on an installment basis? Are eating out/take-home more than once a month? Are
you Paying for Streaming Services You Don’t Use? Are you Paying ATM or Checking
Account Fees? Are you paying higher interest costs on loans? Are you NOT
comparison shopping? Are you paying extra fees to your money manager or broker?
If this is your pattern, over time, you are giving away $ thousands that could
be earning you more for your future goals. The difference is HUGE: Over your “investing
lifetime, that little 2 percent in fees [and charges] will erode 63% of what
you would have had.” That could mean have $500,362
instead of $878,570
($250 per month for 40 years at 6 vs 8%). You will need that extra $378,208
because of inflation costs in 40 years.
Buy wisely: https://www.amazon.com/Stop-wasting-000-every-year/dp/146108394X
5 Simple Steps to an
Awesome Retirement
When you’ll
retire: The longer you stay in the workforce, the more money you’ll be
able to save for retirement through your 401(k) plan and IRAs.
Where you’ll
live: If you decide to move somewhere else, you’ll need to consider how
much it will cost to live there in terms of housing, food, taxes and
transportation costs.
How you’ll
live: You will need to consider how you will spend your time—still working
or semi-retired with other things (a hobby) to do. In a recent
survey of retirees, the number one project for retirement was to find a
hobby.
Where will the money
come from: savings, investments, SS benefits, part-time work.
What about health
care? This may be the most expensive
part of living for another 20-30 years without paid coverage. Calculate the
costs of health care in retirement at https://www.healthcare.gov/retirees/.
You may need to buy a supplement policy so you need to save more, invest
smarter, and raise your annual contributions to your 401k and IRAs.
Consider maintaining your stock market exposure at 50% in early retirement.
Remember, for many, retirement may last 25-30 years and a 100% fixed income
portfolio may just not make it. Pay a one-time fee not 1-2%
a year for 40-50 years. Work with a fee-only fiduciary adviser to keep
more of what your portfolio earns.
https://www.amazon.com/Your-Plan-Live-Age-100/dp/1548180793
Credit score facts
Some folks think you
need to carry a balance to have a great score. Lenders want to see that you use
credit responsibly, not that you carry a balance. Medical collections with
balances of $500 or less should no longer appear on your credit reports.
Unfortunately this does not include medical debt on your credit card. If you do
not receive help removing incorrect data, file a complaint with the CFPB at consumerfinance.gov/
complaint or call 855-411-2372. Keep a record of who you talked to. Myth: You
need to keep your credit utilization rate (credit you’re using compared with
your total credit limit) under 30%. Credit firms are not exact but if you’re
using a high percentage of your available credit, or you’re close to maxing out
your credit cards, that can have a negative impact on your FICO score. Closing an
account with a balance may cause a spike in your score. Carrying a paid-up
account can help your score since a zero balance can last up to 10 years. Updating
your income doesn’t negatively impact your credit score. You don’t need a
‘perfect’ score of 850 for best credit. Any score above 800 reflects a credit
worthiness shared by very, very few people and will not prevent one from
obtaining any kind of credit.
Learn more: https://www.amazon.com/DIY-Financial-Independence-Freedom-Workbook/dp/1088908500
Advisors set to hide
annuity products under different names
Goldman
Sachs analysts have spotted shadows of new types of annuities, or
annuity-like products, spawning. GS found that companies are developing a “next
generation income solution.” The analysts noted insurers’ hunger for “products
that offer investors exposure to potential market upside coupled with downside
protection.” This sounds like an annuity—perhaps the registered index-linked
annuities or RILA. This variable indexed annuity matches that description. “Some
of the most innovative annuities coming out in the next year may look a lot
different. Some
may not even be called annuities.” No matter the name, insurance company
products are usually expensive investments with narrow and limited exposure to
market gains. Technically, these products are marketed as growth investments
with little or no downside risk because that is what older folks want—high
earnings and no losses.
Beware hidden fees: https://www.amazon.com/Lies-Financial-Advisors-Told-alternatives/dp/1478281545
********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
350+ people have
been sentenced to jail or prison.
Trump and His Gang Get the Mob Treatment
Aug 4 “IF
YOU GO AFTER ME, I’M COMING AFTER YOU!”
Mobster
#1 Enrique Tarrio gets 22 years
Mobster
Stewart Rhodes sentenced to 18 years
Mobster
Ethan Nordean gets 18 years
Mobster
Dominic Pezzola sentenced to 10 years
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:
Biden
wasted $50 million gut renovation of the Situation Room: plush above
boardrooms
Air Force ‘lost’ an
$80 million F-35B near
Gold
highs may produce sales that are taxable as asset gains
SCAMS/SPINS:
“Trump
is a threat to American democracy" Colorado Secretary of
State
Half of us expect
misinformation
spread by AI to affect who wins the 2024 election
Romney: GOP
‘doesn’t believe in the Constitution, law, tolerance, fair elections
Auto insurance prices
are rising at their fastest pace in 40 years
GTT travel caught duped
travelers into booking on American: extra fares and fees.
Qantas caught
selling tickets for cancelled flights
Why we wait weeks to
get doctor appts; doctor
wastes hours clicking med screens
Patients’
are paying
more than 100 times that of the generic cost: pharmacies
make killing
Medicare
will never call you unprompted and ask you for your personal
information.
IRS
Debunks Trust Strategy for Income Taxes
Tempoe
OH caught
tricking us into expensive leasing agreements: retail hidden costs
"BLASTPASS"
bug can install malware without user interaction.
WellsFargo Carrie
Tolstedt banned
from banks: pay $21 million to regulators.
Ron Ernest
Filoramo caught
inducing clients to trades not completed
Ethan Christopher
Martin caught using
client funds improperly; fine
SW Financial Peter
Girgis caught churning
client $1.06 million in high-risk stocks
Bishop: local churches,
schools must pay for clergy child abuse, rape, theft
3D-printed
vegan salmon filet in
GA
jury to charge Trumpers Graham, Loeffler, Perdue and Flynn as conspirators
too
Another
co-conspirator claims “I
was just doing my job!” Nazi
defense invalid
Regulators Blast Union
Pacific for Running Unsafe Trains
You Can Unsend
and Edit Text Messages on Your iPhone?
NM Gun violence
declared public
health emergency: leading cause of death for children
DeSantis: FL
residents don’t need new vaccine to avoid virus: no proof from Dr
‘Capitalist’
state FL turns to socialist state method to fund hurricane property
insurance
Jobs
China
surreptitiously recruiting Americans with specialized skills to help its
army
73% said they “respect
skilled trade as a career” putting it second only to medicine
The 19 Best Places to Sell
Used Clothes Online and in Person
IRS looks to hire
3,700 employees
jobs.interestingengineering.com/
Salesforce
to Hire 3,300 People
Most-used independent source of info on K-12
403(b) plans: 403bwise.org
Retirement plans: JD
Power’s best and worst: American Funds, Schwab, Bank
Tesla new design: die
cast complex EV underbody in one piece rather than 400 parts
10 Construction Jobs with the Fastest-Growing
Wages
10 Companies That Hire for Remote
Admin Jobs
CVS, Peloton and DoorDash among top 25 companies offering hybrid
jobs
Who owns your account now?
Wiley Bros.-Aintree
Capital sold to &Partners
Paying off mortgage
can decrease your credit score: crazy
bankers’ formula
Streaming
services can cost as much as cable: fast internet plus 2 SS may cost more
Find
your net worth: financial calculators easy to use
20 Dark
Chocolate Brands, Ranked Worst To First
6 Best Credit
Cards for Bad Credit
Independent advisors
offer clients 5% and up to $10 million in FDIC insurance.
CDC recommends everyone ages
6 and older get
the new COVID-19 vaccine
New Legacy IRA QCD
allows for up to $50,000
in charitable donations in one tax year.
IRS accepts different
types of third-party
authorizations
Retirement: home-related
expenses trigger financial
unpredictability
Retirees
fear inflation, price hikes, cuts in SS benefits, no time to save more,
Women claim
SS benefits too early, miss ex’s benefits, spouse makes wrong move
$2,000
Saver’s Credit depends largely on your income: folks don’t know about it
New at-home COVID-19 test: order four
free tests per household COVIDTests.gov
Recall
Kraft Singles American processed cheese: plastic chokes
Miracles:
Hearing loss is
associated with increased cognitive decline: hearing
aides slow decline
Newly discovered
protein within cells may help stop the aging
process
Unique longevity
mechanisms in long-lived mammalian species can be exported
Retirement
investments can compound at 10%: $250/mo
reaches $1,594,195 in 40 years
Exercise may prevent
Alzheimer’s disease: body releases hormone irisin.
Majority of young
adults think proper spelling doesn’t
matter anymore
Climate change will
likely bring back-to-back
storms soon
@
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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