Where to invest when the election has no outcome?

 

Where to invest when the election has no outcome?

Some think we will be lucky to have an ‘elected’ president by January 20, the official start of the new regime. Some say both sides have already hired lawyers to have the new GOP 6-3 Supremes decide who won. Last time, GOP Bush had Supreme Scalia on his side. Scalia gave the election to Bush because he claimed, contrary to the Constitution, that FL couldn’t count the votes correctly. Scalia, claiming to know the Constitution, decided for us. But he never showed us voters where it says that the Supremes will choose presidents. He ignored the 12^th Amendment: if no winner “the House of Representatives shall choose immediately, by ballot, the President.” Since we don’t know what will happen, we have to go with our best information. The markets may be biased in favor of those who have faster computers, talented analysts, large leverage, more influence, or more insider information. We only have the unbiased advice of the greatest investing master, Warren Buffett, who bet $1 million the Vanguard 500 Index Fund would beat the 5 hedge fund picks of a Wall Street guru. We own 500 large growth firms at low cost with few taxes. They produce 11% total return over time. Buy on sale now.

Fact investing: https://www.amazon.com/Money-Ball-Investing-Winning-unfair/dp/1548831409

 

Is it right for your broker/advisor to be your legacy representative?
Some so called ‘professionals’ in financial services have been caught taking on the roles of executor, beneficiary, trustee and power of attorney for customers. This is so wrong that brokers/advisors are going to extraordinary lengths to get around this most obvious conflict of interest. Honestly, do we need a rule for these salespeople? They should be in jail.  “FINRA, the ‘self-regulator’ for the industry, observed situations where registered representatives tried to circumvent firm policies, such as resigning as a customer’s registered representative, transferring the customer to another registered representative, or having the customer name the registered representative’s spouse or child as the customer’s beneficiary.” "These conflicts of interest can take many forms and can include a registered person benefiting from the use of undue and inappropriate influence over important financial decisions to the detriment of a customer. The brokerage firms are just now making this rule due in February. Hire a fiduciary who is sworn to treat you right. https://www.amazon.com/Fiduciary-Rule-BEST-dont-anymore/dp/1530980275

 

Is a deductible IRA contribution right for you?

The rules changed for 2020: IRA contributions after age 70½ are now permissible.

The SECURE Act repealed the age restriction for Traditional IRA contribution eligibility. Effective for 2020 and later taxable years, individuals with earned income can make Traditional IRA contributions at any age, not just for years before reaching age 70½.

For 2020 and later, there is no age limit on making regular contributions to traditional or Roth IRAs if you have earned income. If you had self-employment income or W-2, that income qualifies. If your spouse had income and you did not, that qualifies too with some limits depending on participation in a retirement plan. Spousal IRAs: If you file a joint return, you may be able to contribute to an IRA even if you didn’t have taxable compensation as long as your spouse did. Each spouse can make a contribution up to the current limit; however, the total of your combined contributions can’t be more than the taxable compensation reported on your joint return. See the Kay Bailey Hutchison Spousal IRA Limit in Publication 590-A. If neither spouse participated in a retirement plan at work, all of your contributions will be deductible. The annual contribution limit for 2020 is $6,000 or $7,000 if you're age 50 or older. For many of my tax clients, this means they can reduce their income and thus their taxes for 2020 due April 15, 2021.

Alternative tax-FREE IRA: https://www.amazon.com/You-Can-Afford-Retirement-FEE-FREE/dp/1517738253

 

Which fund is best for your retirement nest egg?

We have learned that we can trim the risk of market upheavals by using a ‘balanced’ approach—stocks for growth and bonds for ballast. Since 1970 one fund has continuously provided retirees with total returns (income plus capital return) of over 9%. Since 9% is greater than inflation of 3% over time, our nest egg can maintain our purchasing power even though we may live long and prosper. Insurers sell their annuities to offer this same ‘longevity insurance’ but at a higher cost. If we don’t take the income each year, we can actually double our money in 10 years. So if we have other income (SS plus pensions plus RMD forced IRA distributions), we can provide a legacy and or have a large medical contingency fund at the end of life. To some of us, this beats every annuity plan that brokers offer.

Forget their annuity: https://www.amazon.com/Not-Buy-That-Annuity-Guaranteed/dp/1466494573

 

Earn a guaranteed 12% to 24% return

“Guarantee” is the third rail to financial service advertising: it means fraud since there is no ‘guarantee’ in investing. However, consider paying down credit card debt of 12% to 24%. The average rate is 19%. If we pay 24% per year, charged every month, as most cards do, we would be wise to make card interest our ‘investment’ of choice. Most of us are unlikely to earn more than 11% on our investments over time so paying off high interest debt is our best ‘investment’ choice. When we are finished with the debt payment of $100 a month, for instance, we can use that $100 a month to accumulate over $20,000 for our home down payment or college or new car. Instead of making credit card bank investors rich we can help ourselves by investing that monthly payment.

https://www.amazon.com/Millennials-Investment-Strategy-BEST-journey/dp/1533079242

 

 

 

**********ACCOUNTABILITY**************

 

Like 1776, this period is a test of democracy—do we really want a Dictator?

 

Supremes decide election … again?

 

Dictator: “It’s going away.”

Dictator’s staff: “It’s out of control:” 236,000+ dead

Dictator’s ‘music’: Crowd chants Fire Fauci

 

Dictator: “I am the only one who can make America truly great again.”

Dictator: “Stand by” Domestic terrorists

Dictator build his Wall around our White House

 

Dictator has mail delayed and has Supremes void all votes received after Nov 3!

Dictator sends armed troops to intimidate vote counters

Dictator disrespecting American voter’s choice

 

 

How Govt wastes our money: Our Representatives gave 3.7 Trillion to the wealthy! 

Not enough to win the votes: someone has to pay off the 270 Electors, the real voters

IRS enforcement staff cuts lower US tax compliance over time: fewer pay; higher rates

EPA poison inspectors cut from 26 to 4 for 1,400 laboratories: even industry wants more

 

The Wall around White House: dictator spends our money stay in WH permanently.

Trump gives $65 million virus money to a donor who has no facility to make plasma

We pay for Nazi inspired police training programs: not surprising violent outcomes

 

Feds bought vaccine for the wealthy: if GOP cancels ObamaCare, we can’t afford it

Trump’s PO man ignored judge’s order to process 300,000 ballots:  man not arrested

National debt interest to climb: Senate to block all tax increases on wealthy/business

 

 

SCAMS/SPINS:

How Trump avoids taxes we have to pay: detailed analysis

Trump blames doctors who fight virus: “earn more money when their patients die”

Trump rallies kill 700 attendees: infect 30,000 w/ virus: pandemic 100,000 a day!

TX passes CA in virus cases even with smaller population: no masks; no tests?

GOP body-double conspiracy jumping on media: verify info with many sources

 

TX GOP told NO to voiding 117,000 legal votes cast by voters in cars

PA GOP counties delay vote count til Nov 4: Trump gets Supremes to void them

Trumpers ambush Biden bus in TX: police side with Trumpers: Biden cancels event

 

Kanye West concedes: try for presidency again in ’24 with Jr and Ivanka

It’s not over ‘til the fat man sings: AZ WI MI goes blue

Even McConnell agrees we have to count all the votes to have a legit democracy

Why GOP is in a panic: loss of power by 2022; fear clean air/water/etc regulation

 

Gov won’t stop robocalls; Supremes allow robocalls; https://www.nomorobo.com/

Jury Duty scam: fake email claims fine if don’t show up: real notices by mail.

Authentic-looking email pretending to be claim from Amazon: steal ID 

 

$800 advert on your car scam: check cashing scam: their check bounces

Market America caught deceiving its MLM distributors: big con takes our money

AVALINE, CAMERON DIAZ’S ‘CLEAN’ WINE: marketing con: clay + yeast

Hoover vacuums may NOT be made in America: “globally sourced” to trick us.

SMART Payment Plan caught loan payment program contained misleading statements

JPMorgan plans to capture Black and Latino investment dollars offering seminars

Tricks internet online scams use to catch us and never let go: “I wish I had never clicked”

 

IRS extends short-term payment plan option to 180 days instead of the usual 120 days.

Big banks caught misleading markets again: $4 billion fines before Biden takes more

Text scam asks for bank info under the guise of $1,200 Economic Impact Payment.

 

Terrence Chalk FL caught stealing $5 million “guaranteed return of 12%” con

Driver Loan FL caught misleading savings and loan products ride share firms fine no jail

Performance SLC CA caught charging illegal advance fees for student loan modifications

Viral 'ballot' burning video shared by Eric Trump is fake: son creates chaos for ‘fun’

 

 

Jared 1^st son evicting hundreds: MD slum lord: moratoriums over: “you’re fired/evicted”

 

Toyota Lexus recall 3.34 million: faulty fuel pump

Apple AirPods Pro not working: $249.00 or $41.50/mo. for 6 mo. Make appointment?

 

 

 

Is it a scam?  Check AARP scamline 877.908.3360.

 

Check IRS: https://www.irs.gov/newsroom/dirty-dozen-part-1-taxpayers-should-be-on-the-lookout-for-these-scams

https://www.irs.gov/newsroom/dirty-dozen-part-2-thieves-work-all-year-to-scam-taxpayers

Check Social Security: https://blog.ssa.gov/

 

Safeguard data: ConsumerReports help: https://securityplanner.consumerreports.org/

 

Jobs

What the end of the middle class American Dream looks like: Remington screws workers

Walmart fires roving robots: humans can do inventory better and pick for online sales

 

Who owns your account now?

Car insurers don’t like to pay claims: JD Power rates customer satisfaction

Insurer denies fire damage claim even though premiums paid to agent: agent not agent

Information about your health care is yours: doctors can’t hide bad from us anymore

Student loan repayment options: pandemic deferral ends—make plan now.

 

Miracles:

Walmart puts guns and ammo back on display: cash in on fear? Hold T’s WH?

Reclaiming old beauty of Brooklyn breweries: conservation of what we have

Whale saves train riders

 

GOP 6-3 Supremes primed to reverse US back to 1950s: abortions illegal, dirty air, no wildlife reserves, no voting rights, 0 immigrants, no health care, red-lining housing, no interracial couples, Trump self-pardon, cancel IRS audit, no gays, discriminate by religion, decide our elections, dismiss suit Trump as rapist, etc

 

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 see/talk to folks around the world for free: using Zoom, video conferencing

 

IAN

41 Watchung Plaza, B242

Montclair, NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

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

 

 

Retirement fund catch up strategy with same dollars

Retirement fund catch up strategy with same dollars

If you feel you need to catch up with your retirement fund you are not alone. Thousands have had their accumulations stopped by the virus pandemic. Some were laid off and some had their employer 401k match stopped. With a new investment option, you can restore your retirement fund goals—and you can do it with the same contribution dollar amounts. Whether you are saving in a 401k, IRA or Roth IRA or other pension plan, the key to meeting your long-term goals with the same level of portfolio risk is cost. First, find out what you had been paying for your investment options. For example, if you were paying total commission, annual expenses and 12b-1 fees of 1%, you will end up with $80,000 less than you would if you paid HALF that amount annually. Most investors have investment options that cost less and produce the same annual returns over time. By using the less costly version, you can reach your planned end number even though you have lost some time investing. If you keep giving away that extra 0.5% to your current fund provider, you will need to add an extra $1,400 a year to reach your total target accumulation. Switch to the best low-cost funds available.

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

Is “modified value investing” right for you?

Expensive advisors at Bank of America claim their “quality plus value” approach would have led to continued outperformance after the financial crisis. Value investing has been lagging the growth style for some time. Value investing is usually means stocks that appear to be trading for less than their intrinsic or book value. Value investors actively ferret out stocks they think the stock market is underestimating. Growth investors tend to favor small, young companies poised to expand, expecting to profit by a rise in their stock prices BofA said its “quality meets value” stock screen turned up names like Intel, Verizon, Coca-Cola and UPS. But BofA is really talking about ‘blue chip’ stocks. The four examples given above are not trading at “less than their intrinsic value.” They are in most consumer and pension portfolios. Since Warren Buffett is known as a value investor, his recommendation for most investors is to stick with the low-cost index and keep the high-cost stock pickers’ fees. Plus you own these stocks via the index.

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

We each pay $10,739 for health care so rich have the best

We spend DOUBLE what other countries spend but we get sick and die earlier. All the spending goes to care for the wealthy. There is no basic care for each of us. Even the middle class earning over $100,000 a year will be unable to afford care if they lose their job. This so-called “Free-market” system is a means of subsidizing the wealthy and owners of the hospitals, drug firms and insurance firms that lobby our Reps to keep the windfall growing. Our life expectancy—one measure of poor healthcare—has been falling since the ‘90s while other developed countries has been rising. In 2017, the Swiss lived 5.1 years longer than Americans but spent 30% less per person, for instance. We spend more than any other country for care but we get less. We don’t negotiate drug or procedure prices unlike almost every other industry. That is not capitalism, that’s socialism for the rich. Compare what is happening in the financial sector—lower commissions, more access to info, more service choices, lower costs overall. If you have a serious illness, your hospital, doctor and drug bills are full of overcharges that bankrupt most people even when they have great insurance. A ‘free’ virus test can cost $2,121.

Avoid subsidizing healthcare for the rich: https://www.amazon.com/Americas-Socialism-for-Rich-little-people-pay/dp/1535218584

Was your advisor advising you during this volatile period?

One-third of investors said their professional was nowhere to be found during the pandemic, according to a new study by J.D. Power. Since most folks who pay advisor fees say they pay so they have someone to discuss their situation with, it seems their advisor is getting paid for no work. Since fees can rob us of up to 63% of our total possible accumulations, it does not seem fair to give up so much for so little. Advisors are not going to know what to do in this market since we have never faced a soaring market with 50 millions out of work. Advisors give out common sense and call it “professional” service. Paying a 1% fee every quarter does not seem terrible until we look at our returns. If we earn 3% total return and we pay 1%, we are not being served well. Is your advisor a trustworthy resource in times of trouble or just an expense? There are alternatives. This is the time to make the change since earnings will be low for the foreseeable future. Unless your advisor cuts costs, you lose.

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

Tax return due July 15: Extension automatic with form

If you could not meet with your preparer and can’t complete the online tax return using one of the FREE software programs, you can obtain an extension to October 15 just by filing a form with an estimate of what you owe. IRS wants the money—the return can wait—since they have 3 years to find any errors. Fill and print and pay form:  https://www.irs.gov/pub/irs-pdf/f4868.pdf  Paper return refunds delayed again. No folks.

If you cannot pay now, sign a payment plan so you pay over time. Since millions are out of work, this is expected to be big solution. It is unclear what your interest rate will be.

Pay no taxes in retirement: https://www.amazon.com/Tax-FREE-Retirement-code-lifetime-income/dp/1475206976

**********ACCOUNTABILITY**************

Like 1776, this period is a test of democracy—do we really want ‘low-IQ’ Mobster?

Trump cult of ‘hoax’ drank the Kool Aid

Mobster: ‘I am the only victim here’ 139,000+ deaths

Masked Mobster: ‘hoax’ is not a hoax anymore

Another mob felon freed under TrumpLaw

Mob rule: not American democracy

TrumpLaw defies US Supreme Court

How Govt wastes our money: Congress gives 3.7 Trillion to the wealthy! 

Virus scientists are ignored/banished leaving us with political hate.

NJ freezes $578 million in corporate tax breaks for jobs granted by former gov Christie. 

15 large companies got $500,000 million small biz loans using each branch location

Trump’s WALL failing already: Trump donor got $1.7 billion but has no wall experience

SCAMS/SPINS:

Trump delays order to give subpoena tax documents to NYC: no one will see tax before election

Is Trumpism fascistic or just a con’s entertainment genre? GOP extinguished

Trump: my doctors were "very surprised" by my "unbelievable" results of my cognitive tests: 100

Stone: “Like God, Trump was merciful”: Lying to Congress; tampering with witnesses! Guilty

Jared Kushner, huge landlord, not scientist, says his pandemic preparation is a “success story.”

US set new record virus cases--pass 70,000 in ONE day: Jared still in charge? still debate masks

Ivanka told millions who are unemployed that they must go out a find something new.

Ivanka did! Selling beans after Goya sold Trump: Ivanka is gov employee: illegal to sell items

Texas man 30 thought coronavirus was ‘hoax,’ dies after attending ‘COVID party.' Trump guilty 

Trump willing to allow 50,000 more adults and children die just to get elected School dangerous?

GA bans anyone from using masks: no city/town can insist citizen save life: Gov on Kool Aid

Even AL now require masks for pandemic: Trump Cultists Waking Up to The 2020 Disaster

But some resist wearing masks with guns: girl stops shoot out over mask use in FL Walmart

Stores can still require masks even if gov or Trump do not like it: not ‘deep state’ just reality

Trump new postmaster will slow mail delivery: could mail-in ballots be reason?

Trump, not CDC, will now control virus data: Hospitals data to be messaged by WH politicians

Trump campaign called Death Star, empire’s weapon to destroy good guys; gets ‘hot air’ bomb!

Are Fauci and other health professionals part of the CIA-FBI deep state? Is every non-Trumper?

Trumpers try calling Black Lives Matter group a ‘Marxist front’ group: old propaganda stunt works

Trump giving our ventilators to Putin etc: $200 million other countries but need oxygen

Gun silencers now legal as gun lobbyist hired by Trump: Taliban free to kill troops ‘quietly’

Unemployment check fraud: Scammers use your info to file for benefits: Gov doesn’t help fix it

Methanol sanitizer recall by FDA:  59 varieties of hand sanitizer  to avoid: label says ‘ethanol’

Fake blackmail scam: email says they know your info/pictures on computer: pay of they share

Benjamin Alderson Bradley Hamilton caught misleading clients pension transfers; fine/defrocked

GST Factoring caught stealing fees student-loan debt-relief business: repay $11.8 million; $1 fine

Townstone Financial caught illegal redlining mortgage business Chicago area:

TurboTax H&R Block caught “unfair abusive practices” divert from free file to paid products

WellsFargo changing home mortgage payment plans without owners’ requests: foreclosures

First Western Capital caught selling restricted securities to non-institutional investors: fine no jail

Is it a scam: check AARP scamline 877.908.3360.

Jobs

Facing eviction: know your options

3 AZ teachers shared classroom; wore masks, gloves; 3 got virus—one has died

Walmart health insurance sales: huge market; captive audience; low-cost policy seniors

Will hate radio/TV survive the next administration?

Judge sends 15 yr old to juvi for not doing virtual school

Who owns your account now?

Hedge fund to buy newspaper publisher McClatchy out of bankruptcy: 163 years family

KFC going to plant-based former fried “chicken”: so fried tofu batter with more batter?

“Outright Lies”: Voting Misinformation Flourishes on Facebook

Miracle:

New York City: zero virus deaths for the first time in four months. 

40% of people infected are asymptomatic. The chance of transmission from them is 75%.

First vaccine tested in U.S. boosted people’s immune systems: now the big trials

Scientists discover antibodies to protect children from rare, polio-like disease ‘AFM’

Finally July 2020, Vatican tells bishops to report sex abuse to police: but “be flexible”?

Bridger Walker 6 saved his four-year-old sister from a dog attack get acknowledged.

Police are not ‘peace’ officers anymore: became paramilitary forces full armor; no names

IAN

41 Watchung Plaza, B242

Montclair, NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts 

This is how Jared avoids his fair share of taxes

This is how Jared avoids his fair share of taxes

Like papa, Jared uses other people’s money to buy commercial real estate. He pays himself well to create losses. He adds the phantom expense called depreciation (building use and aging). The losses mount up over the years and are added to this year’s loss. He earns $millions but never pays tax. We taxpayers actually give him a refund. Here’s an example from 2015. W-2 income: $198,000. Taxable interest: $536,000. Dividends: $1,000. Capital gains: $974,000. Deductions: Tax losses from real estate and other partnerships: $3.5 million. Tax losses carried forward from previous years: $4.8 million. Total adjusted gross income: Negative $6.6 million. Tax refund $4,000. A new Jared NJ property just so happens to be located on one of papa’s US Opportunity Zones for another tax subsidy in Jared’s future. We have to pay Jared’s share of taxes too.

Use your own legal tax shelter: https://www.amazon.com/Trump-Tax-Shelter-Avoid-taxes/dp/1985448300

Prepay your 2019 tuition to maximize your tax credits

If you paid less than $4,000 of tuition for your college student, you can pay for the first semester or quarter of next year's college tuition in December and use that tuition for this year's American Opportunity Credit. However, you want to do the exact opposite if you've already paid more than $4,000 for your college student who qualifies for the American Opportunity Credit. You get no additional benefit from the American Opportunity Credit (max $2,500) if you pay more than $4,000 in tuition each year. In this case, you'd want to wait until January to pay tuition. That way you might increase your American Opportunity Credit next year since you've already maxed out the allowed credit this year. Be sure to show a Form 1098-T from your college or university to your preparer. Credit is partly against tax and partly refund if you owe nothing. 

Use all your tax credits: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382

Are you tempted to move your nest egg to gold?

Before you buy gold or its ETF, GLD, compare the fall it made in 2012, losing more than HALF its value over 10 years. Meanwhile over the same 10 years, the stock market index IVV, grew 129%. Use perspective to judge your investment accomplishments. Of course they all go up and down but did you and your broker KNOW to get out of gold on July 1 2012? I doubt it. Market timing is a sure way to lose money—you must be correct getting in and getting out. Over time your best bet (unless you have insider information like our Congress people do, is to hold, NOT to use a professional ‘gambler’. Compare broker /advisor-assisted accounts to a stock index (S&P 500): 3.79% vs 11.04%. Would you rather earn 11% over time? (most fund fees <0 .04="" o:p="">

Forget the ‘professional’ salespeople: https://www.amazon.com/You-Beat-Wall-Street-professionals/dp/1986031373

Is final expense ‘senior’ life insurance right for you?

‘Premium never goes up and coverage never goes down.’ ‘You can’t be turned down.’ ‘Don’t leave your family with expenses.’ ‘Only $13.40 a month.’ Let’s look at the caveats for these plans. Coverage is limited for first 2 years and $13.40 buys only a $2,000 benefit at age 60 if you are female. Average age at death is 81 female, 76 male. So $13.40 for 20 years is $3,216. A $2,000 benefit (costing $3,216 or more) will be worth $1,000 in 20 plus years (inflation). You can buy more but the cost goes up at each age when you buy it. If you want to cover funeral and medical expenses for sometime in the future, this is the worst way to do it. No medical means the rate is the highest possible. If you invested your premium in a saving account or CD, you might have $4,400 not $2,000. Bank POD accounts serve this purpose. Clearly this account is for someone who responds to emotional TV appeals. A cost-effective legacy would provide an IRA which pays the beneficiary immediately. This could include funds for the funeral AND help the grandchild. Besides, after you pass, your debts are not owed by your relations.

Pass on your legacy: https://www.amazon.com/Give-your-Grandchild-Lifetime/dp/1456433105

Need help starting to save? How’s 5%?

This credit union will pay you 5% on your money to get you started in a regular savings plan. This plan includes a checking and savings account plus certificate of deposit earning 5%. The requirements make it a perfect savings starter for a young person. This is the first step to using the IRS approved tax-FREE account—the Roth IRA. You earn great rate and you pay no taxes on the interest. WOW 5% without paying taxes on interest. Later when you feel comfortable, you can experience tax-FREE growth on a securities account at a low-cost mutual fund provider. Then you can earn 10-12% on your retirement investments and pay no tax now or later when you take the money out. You can take out contributions anytime tax FREE. However, if you keep investing automatically in this account, you could reach $1 million later—Compound interest and earnings without taxes EVER. Compounding is what keeps the rich, rich.

It is a miracle: https://www.amazon.com/Miracle-Compounding-Turn-$9-a-

day-into/dp/1470176513

Is this tax shelter right for you?

You can save/invest up to $500 a month and never pay tax on your earnings. This tax shelter is approved by the IRS! You don’t have to hide your money overseas. You don’t need a lawyer to set up the trust. You don’t need an advisor to manage your earnings. You don’t need an accountant to prepare your return for this shelter. You can set up this shelter on the phone or online in about 1 hour. You can have the trustee put the same monthly amount in automatically. You can have the unbiased trustee manage the securities at little cost. Tax-FREE earnings means you are not paying 10%, 12%, 22%, 24%, 32%, 35%, or 37% on your money after you accumulate $500,000 or a $1 million or TWO. (You can earn 10-12% a year over time.) There is no penalty if you need to take out the amount you put in so far. You may even be able to put your 401k in this shelter.

Buy before Congress changes terms: https://www.amazon.com/Trump-Tax-Shelter-Avoid-taxes/dp/1985448300

How can you avoid home buying mistakes?

No 1 rule: get mortgage first so you can pounce. Write down your absolute needs. This will NOT be your only house. Be practical—walk around neighborhood at night and day—looking for noise and pollution. Never buy a home with a shared driveway. Consider the nearby activity—your street used as detour from main road when school in session? Do research: Look at the neighborhood tax records—are taxes jumping in recent years? Consider estate sales—study internet listings for private sales—for real bargains. Make sure you have $5,000 on hand for immediate repairs or new inside painting—costs less BEFORE you move in. Buy lawsuit insurance too.

Make a plan: https://www.amazon.com/Homeowners-Insurance-Beware-Coverage-Policy/dp/1480100870

Is the IRS saver’s credit right for you?

Yes, you can receive a credit for saving worth up to $4,000. The amount of the credit is 50%, 20% or 10% of your retirement plan or IRA or ABLE account contributions depending on your adjusted gross income. The maximum credit amount is $2,000 ($4,000 if married filing jointly). The Saver’s Credit can be taken for your contributions to a traditional or Roth IRA; your 401(k), SIMPLE IRA, SARSEP, 403(b), 501(c)(18) or governmental 457(b) plan; and your voluntary after-tax employee contributions to your qualified retirement and 403(b) plans. Let Uncle Sam help you get rich.

Use your tax refund to fill your account: https://www.amazon.com/Tax-Refund-Millionaires-Let-Uncle-Help/dp/149595644X

**************

Make America, “The Don”, Great Again

Senile Psychosis

Truth isn’t truth, his lawyer

Two Americas: A Banana Republic? Do we really want an infant king? Daddy Putin!

McGahn is ‘lodestar’: Told Trump ‘NO’ - saved Mueller!

J F Kennedy was 43 when he beat Nixon

***********************

How Govt wastes our money: Congress spends $1.3 Trillion we don’t have! 

Farm bill gives owners’ cousins who don’t even work on farm $125,000 paycheck too.

Congress takes money from children to pay for their perks: Congress gets farm subsidies.

Here are the people who REALLY decide how our tax dollars are spent.

SCAMS/SPINS:

3 people agree with Trump’s global warming analysis: Putin, Saudis, Kuwait dictators.

Trump to enslave Army into building his ‘wall’—unconstitutional? Berlin Wall failed too

10 terrorists were NOT caught at border: Trump’s trumped up hysteria for the base.

Steven Pagartanis, NY caught stealing $9 million over 18 years in Ponzi on seniors.

Veteran Charities collecting for sponsors not veterans. Taxpayers pay twice.

The ‘Leader’ violates every legal protection under the law: Obstruction and Tampering.

Mob ‘fixer’ gets 3 yrs. The Don denies telling fixer to hide own crimes. Just like Nixon!

Can Don the Mob Boss escape his ‘dirty deeds’? Don still not knows he broke the law!

The Mob Boss can never go to jail: Trump has Kava as Supreme so no indictment.

‘No man is above the law’ … well up till now. Dictators nullify courts first, then votes.

Supremes protect Don’s ‘Orders’? – GOP: Sure, pres can change Constitution anytime.

----------------------------------

Jobs:

Tesla may put car workers back to work: GM Ford abandoned cars and their workers.

Trump chief of staff: you must be able to act like slave, lie and misdirect convincingly

Extra cash from jobs you can do any extra time.

Separating children from parents seems to be part of the job: NYPD, ICE

Facebook calculating where you will be in the future: prevent crime? Catch criminals?

Who owns your account now?

What are your rights when you buy a DNA test?

Fewer children have health care with Fed cuts. Congress people take more coverage.

Merced P&C taken over by CA after fire claims wiped out insurer of many wildfires.

Let a real estate company buy your house: forget the hassles … for a price.

Keep your receipts: IRS goes after the ‘little people’ since ‘short 1/3 staff’ for wealthy.

Did your ObamaCare plan lower its price this year: check out what you have TODAY.

Miracle:

One woman, 97, helped save our right to vote in NC like she did in 1942: Say Preamble!

IAN

41 Watchung Plaza, B242

Montclair, NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts 

Did the Trump tax cut for corporations bring all profits home from overseas?

Did the Trump tax cut for corporations bring all profits home from overseas?

Most businesses are continuing with business as usual when it comes to their valuable intellectual property since the tax law’s provisions aren’t enticing enough for them to keep it at home, according to experts who advise large public companies. It means that other countries ultimately get to collect the billions of dollars of tax revenue generated by many U.S.-made innovations, including life-saving drugs, the algorithms that power social media networks, and the software running computers and smartphones. Apple for instance is still parking its profits in the tiny island off the coast of France. So Trump’s promise of bringing the tax revenue back the US to pay for the huge breaks to individuals like himself has not happened. In fact, all of Trump’s tax cuts have not spurred any growth in tax revenue—tax breaks DO NOT pay for themselves. We taxpayers, who do not have a way to dodge taxes by moving our assets to a foreign country, will have to pay for the wealthy tax breaks eventually. The average tax rates paid by the very wealthiest has fallen in recent years from a peak of 24.1% in 2013 to 22.9 on 2016. For the top 1%, the rate has fallen a full four percentage points below the 26.9%. The deficit is 18% greater than last year!! We can’t spend more than we make and survive.

Use your tax credits: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382

  

What about your mental fitness—a gym for your brain?

Everyone gets in a rut. ‘Rut-living’ means brain power is reduced—your brain cells are not called to work and so they don’t stay fit. Result: Not Good. Remember the nun study—expanding mental tasks decreased the risk of Alzheimer's disease. Exercise of brain power is necessary just like physical exercise. Focus – avoiding distractions to the mind – seems the first step. I can’t learn how to do my own taxes or how to invest wisely (learn a new language) without FOCUS. Training the brain to stay on one task at a time is hard work like working up to a 10K run. I assume I will need all the brain power I can muster for the decisions about making my money last. First, I take small lists of things I want to do and put them on my calendar. Next, I break the job down into parts and tackle one at a time. No skipping ahead. I set a time. I don’t stop to answer the phone or check email/texts. I take courses that help me FOCUS on the goal. There are many around.

Finally, I read a few books: https://www.amazon.com/Zhou-Wang/e/B00K81M75C/ref=dp_byline_cont_book_1

Younger generation does not need financial industry any more

Survey respondents were risk averse and skeptical of the financial planning and investment industries in a survey of 1,000 affluent millennials with at least $50,000 in net worth or $100,000 in annual income. Why? Affluent millennials are still most likely to be do-it-yourself investors, with 35% claiming that they make all their own financial decisions without any help or advice. Another 27% said they consult financial professionals for affirmation, but continue to make their own decisions. Only 15% of affluent millennials retain a professional money manager. According to the survey, 77% view the financial system as rigged to favor the rich and powerful at the expense of ordinary people like them. Millennials also don’t trust recommendations from advisors working on commission: 80% said that they were suspicious of the commission revenue model in the financial services industry. Things have changed since I worked—good!

Use a better way: https://www.amazon.com/Avoid-Scams-Brokers-Advisors-Sender/dp/1726328023

Trump’s ‘advisor’ Jared paid little tax using the same shelter as The Don

How do you shield yourself from paying your fair share of tax? The Don’s son in law used the same method: tell the IRS you lost money on real estate ventures. The losses were driven by depreciation, a tax benefit that lets real estate investors deduct a portion of the cost of their buildings from their taxable income every year. In 2015, for example, Mr. Kushner took home $1.7 million in salary and investment gains. But those earnings were swamped by $8.3 million of ‘losses’, largely because of “significant depreciation” that Mr. Kushner and his company took on their real estate, according to the documents reviewed by The Times. Not illegal now but the depreciation deduction often represents a lucrative giveaway to developers like Mr. Trump and Mr. Kushner. Its enormous flexibility allows real estate investors to determine their own tax bills. They pay nothing! 

You can shelter your income too: https://www.amazon.com/Trump-Tax-Shelter-Avoid-taxes/dp/1985448300

Why are some states restricting voting?

Why do some in GOP want to stop people voting?  Democracy is about voting, isn’t it? GA is stopping 53,000 people from registering. Since the 2010 election, 23 states have adopted new restrictions on voting, such as stricter voter ID laws, cutbacks to early voting, and aggressive purging of voter rolls. This week, the Supreme Court upheld a voter ID law in North Dakota that could prevent thousands of Native Americans from voting, and the Associated Press reported that Georgia is blocking 53,000 voter registration applications, 70% of which are from African Americans. Some states are making it easier for people to vote and harder for states to gerrymander political districts. There are more Dems than GOP so I assume GOP wants to keep the Dems from voting like in GA. TX has gerrymandered districts so all the Dems are in a few districts.

Make America democratic again! Vote for your future, not the past.

Are your 401k or 403b fees taking 63% of your future nest egg?

You may be giving up more than HALF your future retirement income to fees your employer loads into your retirement plan. Some have even been taking kickbacks from the company that runs your mutual fund choices. Some even go to the head of the company alone. Unfortunately, Washington University in St. Louis has beaten a lawsuit by employees participating in the school's 403(b) plan. One analysis shows that if you pay excessive fees for record keeping and investment management you can give up 63% of your potential total savings over time. WOW that is a lot. The answer is switch to an IRA at a low-cost mutual fund firm. You could earn 10-12% instead of 6-8%.

Double your retirement fund: https://www.amazon.com/Robbing-You-Blind-401k-fees/dp/1493588966

Make your tax refund larger BEFORE December 31

Tax changes you need to know before end of year MAY help increase your refund. You can no longer deduct alimony if divorced after Jan 2019 so finish by Dec so your future payments remain deductible to payer and income to recipient. Medical expenses that exceed 7.5% of AGI are generally deductible. Beginning in 2019, qualified medical expenses will have to exceed 10% of AGI to be deductible. You might want to prepay in 2018 to take the full deduction. Many middle income folks will not itemize since the standard deduction doubled. There is no penalty for canceling medical insurance, so more and more healthy people choose to be uninsured as premiums escalate. The result may be more bankruptcies from medical bills when a illness or accident strikes. If you are one who decides to go ‘naked’ find a bare bones comprehensive policy to avoid the worst disaster.

Buy what you need: https://www.amazon.com/Health-Insurance-ONLY-right-policy/dp/1480125083

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Make America, “The Don”, Great Again

Senile Psychosis

Two Americas: A Banana Republic? Do we really want an infant king? Daddy Putin!

McGahn is ‘lodestar’: Told Trump ‘NO’ - saved Mueller!

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How Govt wastes our money: Congress spends $1.3 Trillion we don’t have!

Trump snags 1 of 5.7 million ‘illegal’ voters and nets $200; costs $6,000 to prosecute.

Governments blame each other for lack of help to Michael victims: water sits in PR dock

SCAMS/SPINS:

Trump to end citizen protests on WH streets and monuments in DC. Dictatorship?

Trump News and audience tiring of same old con & BS: rating falling

We took children from parents & house them in concentration camps like other dictators.

Fidelity starts cryptocurrency unit: are your mutual funds safe? Start your virtual money?

Fidelity sued by 401k participants: excessive fees and poor returns.

Bank fees devastating to some workers: $2,000 out of pay of $30,000 is excessive.

Bruce Fixelle NJ Aurora caught promising safe new company trading stole $3 million.

Dawn Bennett stole $20 million in Ponzi ‘hoodoo spell’ scheme gets 20 years.

Decoding the electric car sales pitch—what works and what doesn’t in electrics.

Drug prices: 5 common generics—SHOP and SAVE either $66 or $928.  

Transamerica annuity using cancer diagnosis as ‘teaching’ event for planning estate.

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The Mob Boss can never go to jail: Trump has Kava as Supreme so no indictment.

‘No man is above the law’ … well up till now. Dictators nullify courts first, then votes.

Young lady explains what Trump means by “scary time for men.” Respect not rape, Don.

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Jobs:

Employers can help you get pay in advance

Who owns your account now?

Oppenheimer to Invesco

Miracle:

IAN

41 Watchung Plaza, B242

Montclair ,  NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alert