What is the real Trump like?
I just finished the David Johnston book, The Making of Donald Trump. It is
fascinating to see the creation of what has become the Leader of the free
world. I was in awe of the things he has done and still, became our POTUS. If
we survive to 2020, it will prove we are a true democracy—the greatest nation
in all history. We are learning first hand what makes him tick—distain for the
educated, revenge on those who do not fall on their knees, twisting of any
truth to suit his aim. He learned early and often that the world loves a winner
and nothing—I mean nothing: love, honor, integrity—matters more than being no
1. He has never had a boss, corporate board or anyone to tell him ‘no’ so he
thinks he is an expert at everything, especially making money. He believes that
he, and only he, knows how to recreate the America
of post WWII Queens. But alas he is still only a contractor from Queens .
If we remember that, his actions make sense.
Don’t be Trumped by The Don's 'economy': https://www.amazon.com/Dont-Trumped-Dons-economy-strategies/dp/1542615143
FREE tax preparation
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https://www.creditkarma.com/ needs
your eyes to obtain dollars from sellers of financial services and they give
you software to file federal and state taxes at no cost. If you need to
file a simple return, this is the cheapest way. Usually
simple means you have W-2 income and no home deductions. The IRS has a topic
look up so you can find the answer to your question easier than waiting on the
telephone for an operator to answer: https://taxmap.ntis.gov/taxmap/. You
can do your federal online FREE using commercial sites through the IRS https://www.irs.gov/uac/free-file-do-your-federal-taxes-for-free.
These sites charge for a state return. You can also use a local AARP tax aide
office: http://www.aarp.org/money/taxes/aarp_taxaide/ AARP
does not discriminate by age or income so they can usually take care of most
people. Best tip: deduction for IRA contributions and tax credit up to $2,000
subtracted from tax you owe. Double Your Pleasure.
Take your Tax Credits like The Don: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382
(By the way, IRS does not call or email you. Scammers
DO call and threaten.)
What Your Advisor
Really Means when they say “suitable” investments
A brokerage firm
officer explains that this means you get the most expensive product that the
firm uses for your
profile. If you claim “conservative” (“I don’t want to lose money”) on the
application, your money will earn short-term govt bond rates (0.29%) less
expenses 0.20% less firm fees (0.2-1.0%). Over the last 6 years, you lost money
from inflation and fees. Your choices are "income,"
"growth," "conservative," "moderate,"
"aggressive" and "speculative." The firm compliance officer
should compare your claim to your advisor/broker investments. For instance,
audit should not find 500 index fund or ETF in your portfolio. Also be sure
there are no interest-sensitive contracts in your account. Some advisors put
risky products marketed as conservative interest plays in your account. If you
are saving for retirement, put most of your money stocks or stock funds for
10-12% growth. If you are in retirement, put most of your non-income funds in a
balanced fund for growth at a reasonable price and risk level. Say “I want 6-9%
annually with only one negative year since 2000.”
Avoid any “special” deal: https://www.amazon.com/What-Your-Advisor-Really-Means/dp/1542964520
Number of rich skyrockets due to compounding; not work
While all affluent U.S.
households have experienced significant wealth expansion since 2008--the depth
of the Great Recession-- the greatest increase has occurred among the
wealthiest households. The number of American households worth $25 million
or more has grown 73 percent since 2008, compared with growth of 54 percent for
millionaire households. 10% of Forbes richest are immigrants. The number of
billionaires has grown from 470 in 2000 to
1,810 in 2016. That is about a 300% increase. Most are NOT new so instead
of creating a new successful business most millionaires got to be billionaires
by investing. Warren Buffett says compounding is his secret.
Make compounding your magic tool: https://www.amazon.com/Warren-Buffett-Your-Investment-Advisor/dp/1518690963
How does our President get away without paying taxes?
From the tax return that was secretly sent to the NYTimes,
we know he claimed a tax write off of about $1
BILLION in 1995. He can offset his income for 20 years and probably does.
He is very proud of
avoiding his fair share of cost of living in America .
We pick up his share. He also
stiffed investors, vendors and NJ taxpayers (Christie gave him
a pass on $30 million in taxes). He bankrupted his companies but still took
out $millions
for himself. He learned that he could live very well by using real estate
depreciation expense against income of any type. Depreciation on his buildings
let him tell the IRS that his 1978 income was negative
by $406,379. The next year, it was negative $3.4 million, according to
documents David Johnston found in NJ casino regulatory files. Because most of
his dealings are in his own name, he can use the losses on his bad deals—loss
on The Plaza, Vodka, Airlines, etc
etc—as tax deductions against any income. Since most of us can’t avoid taxes
with losses and depreciation we must use the only tax shelter for working
people: https://www.amazon.com/Tax-Shelter-Young-Americans/dp/1500426520
Vanguard cuts fees again
Increasing flow of investments from managed funds to low-cost
Vanguard funds, the client-owned mutual fund company has lowered
fees on 21 more. The move will save investors $25 million. The money
management industry has been in a fee
fight, with Vanguard putting pressure on the likes of Fidelity, BlackRock and Schwab as
they duke it out for increasingly cost-conscious investors. The Vanguard 500
Index provided 11.9% return in 2016 and 10.9% a year since 1976. The 500 Index
of the top 500 US
companies is one of the Vanguard Top Ten. You get more of
your earnings back with fewer fees.
Make investing simple—10 funds for your whole life: https://www.amazon.com/
Vanguards-Top-Ten-mutual-funds/dp/150073909X
Why are working people getting less of the economic pie?
Why is the workers' share of gross domestic product fallen
since the 1980s, particularly since the 2000s. An earlier theory holds that
American workers' pay is ground down by competition from foreign labor. Another
is that capital, such as machinery and software, has gotten cheaper relative to
human beings. Thus we make 100 widgets using a $500,000 machine with 1 operator
instead of 100 workers. The operator knows how to work the machine; not make
the widgets. The basic cost of running a big company is relatively small because
you don’t need an army of typist, accountants, salesmen, marketers, or plant
managers anymore. The share of revenue controlled by the top four companies in
an industry rose on average from 38 percent in 1982 to 43 percent in 2012 in
the manufacturing sector; from 24 percent to 35 percent over the same period in
finance; and from 15 percent to 30 percent in the retail trade. Concentration
also rose in services and wholesale trade while falling slightly in utilities.
Workers need to concentrate too: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382
GOP tax plan: cut income taxes for the rich; raise sales and
use taxes for us
OH has joined KS in giving the wealthy more while taking
more from the rest. Ohio Gov. John Kasich proposed an increase in sales
and other taxes to pay for a 17% income-tax cut—mostly for the rich. The
GOP will increase the state sales tax by a half-cent to 6.25 percent and
increase taxes on cigarettes, vaping products, alcoholic beverages and oil and
natural gas produced by fracking. KS
is going bankrupt from their “socialism for the rich” tax cut in 2012. They
had to raise taxes for the budget and hit up the citizens who drive, smoke and
drink. NJ raised gas taxes 23 cents to continue the “millionaire” tax cut. CA
did the opposite and is prospering. Trump has proposed a 20% hike in tax of
imports while giving his class a huge tax break. KS
“inspires” GOP to cut health plan supports.
Fight this Socialism for the Rich: https://www.amazon.com/Americas-Socialism-Rich-little-people/dp/1535218584
Can your advisor pick a winning stock?
What are the REAL chances your advisor will pick a winning
stock? Most stocks earn less than cash but a bunch of them like the top 500
earn 10-12% per year. The chance of your advisor picking the winner over the
long haul is 2 of 8 as explained in this chart: http://www.mymoneyblog.com/most-individual-stocks-dont-outperform-cash.html
The REAL risk is that you won’t know for many years whether
they made money for you or not. Most advisors don’t want you to hold a stock
long enough to find the winner. Advisor-managed
client accounts earn 3.79% on average. Most advisors recommend a stock
after it has proven success and just in time for it to fall back to average.
Pick the winning bunch: https://www.amazon.com/Quantum-Uncertainty-Investing-3-79-11-11/dp/1502312557
Your tax refund can pay for your retirement?
Yes, it is a fact that you can invest your refund which averages $3,120 and create a $500,000 nest egg. Warren Buffett said recently that compounding is the real source of his $63 BILLION net worth. Compounding is earning interest and capital gains on your previous balance. So $3,000 a year for the rest of your working life can grow from $60,000 you contribute in 20 years to $500,000. Simple: $3,000 earns 11% average from investments and is worth $3,184. Add $3,000 in 2018 and you have 6,738. Make it automatic and you have about $55,000 in 10 years; $220,000 in 20 and $993,414 by the time you retire.
Yes, it is a fact that you can invest your refund which averages $3,120 and create a $500,000 nest egg. Warren Buffett said recently that compounding is the real source of his $63 BILLION net worth. Compounding is earning interest and capital gains on your previous balance. So $3,000 a year for the rest of your working life can grow from $60,000 you contribute in 20 years to $500,000. Simple: $3,000 earns 11% average from investments and is worth $3,184. Add $3,000 in 2018 and you have 6,738. Make it automatic and you have about $55,000 in 10 years; $220,000 in 20 and $993,414 by the time you retire.
You can make your $ million nest egg tax FREE too: https://www.amazon.com/Tax-Refund-Millionaires-Let-Uncle-Help/dp/149595644X
Can the republic survive to 2020: We can’t live by executive
order alone!
Half The Don’s subjects think the emperor
has no clothes or worse.
The Don’s investigation
of voter fraud comes from his misunderstanding the law. He assumes those
registered in 2 states vote twice and all the dead people on the rolls are
voting. His top 5 inner circle are all registered in 2 states because it is not
illegal. Dead
people can’t remove themselves from lists because they are dead and don’t
vote.
Is your Bomb Shelter ready?
A conspiracy propagandist
gets on the National Security Council CIA, Jt
Chiefs, National Intelligence booted out. It’s a “political correctness”
Council now. Bannon
promotes chaos and misinformation. What if Pakistan
misunderstands Trump’s
solitary late night tweet and hits nuclear button. Alone
with TV, fake news and nuclear codes is scary. Spicer
gives fake news: Terror attack in Atlanta
(Actually Orlando) Press covered all.
Flynn calls Trump ‘chariot
driver’ who only reads bullet points and calls wrong
advisor.
“Alternative
fact” Kellyanne references "massacre" by Iraqis in Bowling
Green KY
Kellyanne promotes Ivanka’s Chinese threads in official
interview
We are entering
the Twilight Zone:
"There is a fifth dimension beyond that which is known
to man. It is a dimension as vast as space and timeless as infinity. It is the
middle ground between light and shadow, between
science and superstition, and it lies between the pit of man's fears
and the summit of his knowledge. It is an area which we call the Twilight
Zone" where “alternative
facts” and illusions of conspiracies are lived out.
Rod Serling
Remember, Don Trump
is still a contractor from Queens NY, just richer than most.
Most of his income is from lending
his wealth “brand” to other’s buildings golf ranges.
The Don will fire you or not
pay you for your work if you don’t do as he says.
“Trust
only family” “I'd love to have Jared helping us on deals with other nations
and see if we can do peace in the Middle East ” Jared
helps State with Mexico .
The Don keeps “friends”
(the mob) closer than enemies:
banks own his future income and Putin could buy up his markers. We worry
about conflicts
of interest.
He charges that our own CIA
acted like Nazis in leaking spy
investigation on his sex acts then blames
media for bad relations. “Media is the enemy”
The Don decides that any
news he can’t manipulate is Fake News
“I
won’t take your question. Fake news”
His own Obama
birther Fake news got him fame and millions of white voters.
Lies are now called “alternative
facts” by Trump’s Press Sec. Photos show real fact.
His nominee for security quit because she
used other people’s work as her own book.
The Don has Priebus and Pence saying “no
evidence” necessary on voter fraud claim
Little Dictator hangs up on Australia ’s
PM in reneging on refugees call
Little Dictator threatens to invade Mexico
after invading Chicago
Little Dictator threatens judge in WA: How dare “so-called”
judge undo my ‘order’
Little Dictator threatens Nordstrom store for not
selling Ivanka’s clothes/jewelry/etc
Little Dictator hiring freeze hurts Trump core—vets,
tax payers, unemployed, SS benefits
Little Dictator intimidates GOP; say nothing; even bans Sen
Warren --Hitlerish
The other Dictator demands an apology from Fox for calling
him a “killer.” Fact?
*
THE DON’S 282 PROMISES
Deportation,
The Wall, Re-Create Jobs, NO Abortion, No ObamaCare, More Guns, No Muslems, Reprochmont
with Russia, Christian
nation, Jail
Clinton, Kill Terrorists and Family, Torture, Cancel
Iran deal, Cancel
EU-NATO, Term
limits, Replace VA head, Coal
Steel Infrastructure, End
drug monopolies, Tax imports esp Ford, Grow 6%, Cut Deficit, Separate
banking speculation, Cancel Consumer Protection Act, Change libel law, outlaw
flag burning, End
own biz ties, End
endless tweets, Cancel
Fiduciary Rule, Wealthy tax break, No tax
income <$50K, tax profits
sent overseas, Change
Washington, Change GOP, Change, Change, It was rigged! … so I would
win!
*
The Don
Way :
The Don lives on OPM
“other people’s money” to make money. Taj went bankrupt but Trump
took out $ millions first. He avoided $960
million in taxes so we could pay them. Trump stiffed NJ
for $25
million in taxes under Christie. Is he smart or just a crook? Trump
Foundation closed
for illegal operation
*
Making money from the Secret
Service
and Top
Secret info for biz; an Audience
with The Don costs you $, FREE govt
services and health care, WH site highlights jewelry. Ivanka
met with Japan PM
Abe already. Sell
more bracelets in Tokyo? Nordstrom bans Ivanka junk.
*Mel Trump’s plan to make
family more wealthy from presidency laid out by lawyers. *Pentagon
(Washington) to pay The Don for most expensive apartment in his Tower
*Make America Great but Ivanka’s
goods made in China. Nordstom CXL sales.
*Trump adviser tells Fox viewers to go
buy Ivanka's clothing now on official interview.
*Ivanka’s family
to buy Miami Marlins with LionTree bank
loan and secret partners.
NYC spends $500,000
a day to guard his Tower. Don threatens city over immigrants.
“All the world's a stage, And all the men and women merely players; They
have their exits and their entrances, And one man in his time plays many parts
…As You Like It
*
Promises (lies) and
Actual outcomes:
The Don thinks America
is no better than Russia —kills
rivals, enemies????
The Don tells Putin the START agreement was no good but didn’t
know it.
GOP has no
TrumpCare: maybe next year or the year after
GOP makes states
refuse funds for cities that help immigrants
GOP
racist is top law enforcer Senate bans woman Sen Warren for truth letter.
Schools
to become private or religious under new Ed Head—Dems decimated
Iran
deal will be supported with new sanctions – Trump not going to cancel
ObamaCare
too hard to replace or repeal –Trump has few options left
Voter fraud
can’t be investigated because it doesn’t exist—Trump’s family 2x
GOP plans to give $0 for investigation but does not call
Trump a liar.
Travel
disruptions reversed by State – Trump orders challenged in democracy
Executive Orders were called
‘imperial’ under Obama; now GOP want more more.
TX
judge orders brokers to give clients best advice despite Trump cancel of
Obama Rule
The Don takes credit for jobs announced last year—Intel
10,000 jobs AZ
GOP plan to cut
Social Security & Medicare with The Don’s support, Meadows says.
*
Tolerance is
un-American now?
Even
Genghis Khan, 1206, accepted Muslims fairly. Even Israel
accepts Syrians.
The Little Dictator never read matthew/25-35.htm I was
a stranger, and you took me in.
The Little Dictator threatens UC
Berkeley with cut in funds for not receiving right winger
The Little Dictator claims
more terror attacks than reported but can’t name one here now. Spicer names
Atlanta (none) and Kellyann says Bowling
Green (none) Using drugs?
*
Regulators are the only protection against corporations since we
can’t sue anymore
“It is nearly
impossible for one individual to take on a corporation with vast resources.”
Supremes
stop us from suing—State courts no
longer available to sue corporations!
Trump to end regulation and audits of financial services.
GOP has repealed the rule to curb
corruption at big oil, gas and mining companies.
Trump cancelled Fiduciary
Rule: a protection from Wall Street gouging on retirement.
Obama
Internet privacy rule to end giving cable adverts free access to our lives
Set-top
box option gone—cable cos will require rentals forever. GOP kills
compromise.
Vizio TV caught spying
on us from TV choices and selling our secrets
We need regulation—GOP wrong—companies/cities
wouldn’t fix bad products on own
GM
killed 124 because ignition switch pin not replaced after knew it
killed first in 2006.
Coal companies are free to dump sludge in streams now
Exxon can help Putin drill in North Pole with State Dept.
help
Police want gun control.
When everyone has guns; your
chance of being killed goes up. Police don’t know who
to shoot. They assume everyone has one and shoot
first. You and thief have guns. CO schools now allow teachers/administrators
to carry
guns in the classroom. Kid lesson! Since 2015, police have killed
86 people with realistic looking FAKE guns--suicide?
Police organization issued a formal
apology for the historic mistreatment of minorities.
Trumpers want police to start buying
military weapons against civilians again.
SCAMS:
SCAMERS call and email us for instant $ due on taxes but IRS
doesn’t. Verify
IRS demand with call to 1.800.366.4484 or at www.tigta.gov.
Fiat makes claims about unreliable
vehicles that rank “worst-in-class”: Beware
20 used cars that will only bring pain: CR “never
buy” list
Ignoramus Award:
Trump: US has no respect for law just like Russia —kill
for political reasons. America
kills people just like Russia’s Putin. Trump compares Putin's reputation
for extrajudicial killings with the United
States '. “You think our country is so
innocent?”
How our government
wastes our money:
Our taxes will pay for guarding Trump’s private properties around
the world—5th Ave
alone costs $1 million a DAY. His golf course in Bedminster ,
N.J. Palm
Beach cost $ millions to protect because he uses
them regularly. It
cost roughly $2 million a year for the U.S. Coast Guard to station boats
off the coast of George H. W. Bush ’s Kennebunkport ,
Maine Trump
Tower
Remember, he got a tax deduction of $1 billion in 1995 so he
has NOT had to pay his fair share of taxes for the last 20 years. We pay his
share.
*Generals in Afghanistan
said he needs several thousand more troops to help Afghans.
923
children were killed in war 2016. More in 2017?
Where have all the
jobs gone?
Which job board sites are best
for your job search?
Who owns your
account now?
Top insurers provide overall
satisfaction to car owners: 87% satisfied. Shop for price.
Uber users think your
car is Uber and demand to go to airport NOW—even pay twice.
CXL merger Anthem
and Cigna
Wounded
Warrior fired leaders for spending millions on themselves Check your
charity: https://www.charitywatch.org/home
Miracle:
“We
all brought each other back,” said Brady, 39, the only 5 time winner. It
looked like a blowout in Atlanta ’s
favor, with the Falcons racing to a 28-3
lead. Pats looked dead in 3rd. After forcing the first overtime in Super
Bowl history, the Patriots got the ball first and marched down the field. Falcons’
Grady Jarrett tying a Super Bowl record with three sacks on Brady.
IAN
41 Watchung Plaza, B242
973.746.2014
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