Why do actual investors earn less than their benchmarks?

 

Why do actual investors earn less than their benchmarks?

A recent study found that, while certain mutual funds and ETFs delivered a 9.4% average annual total return for the past decade, the average investor in these funds got only 7.7% due to poorly timed trading activity. This really hurts those who are investing for a big goal like house down payment or retirement or business start up. Over time, a $250 a month investment would reach $1.3 million WITHOUT the trading activity. Timing the markets would result in total accumulation of only $805,605—a loss of $494,395. In another study, Fidelity found that its accounts that did the best were those for which the owners forgot about them. Investing is simple to be successful but not easy. Gambling is hard to be successful but easy to do. Successful investors have 3 ‘pots’ of money: Patience for the long-term goals and impatience for the short-term get-rich-quick schemes. The third pot pays for living expenses.

Go simple: https://www.amazon.com/Keep-Simple-Essential-Financial-Life/dp/1492258849

 

What is the single most important reason for financial failure?

You are right; it is debt. If we had no debt, especially interest debt that can NOT be deducted, we could easily reach our long-term goals. We have credit card debt, mortgage debt and car debt. We borrow an average $34,635 for new vehicles and $21,438 for used vehicles. The average loan term is 70 months for new cars, 65 months for used cars and 37 months for leased vehicles. The average monthly payments for new, used and leased vehicles is $563, $397, $450. And this is an era of low interest rates. Interest is NOT deductible unless your company leases your car. So how is financial failure defined? How much do we lose with our vehicle loans? Investing $563 for 70 months could yield $59,541. Investing instead of buying on time provides enough money to buy a vehicle outright. This is why the wealthy pay cash for their rides. Their cash is special: their cash is compounded cash. They earn the money we pay on debt. We pay 9.46% they earn 9%.

Earn interest; don’t pay interest: https://www.amazon.com/Compounded-Cash-Save-your-Self-Funded/dp/1515066096

 

Most Americans are paying more taxes than US corporations pay

In fact many large profitable companies have Negative tax rates—taking our money as a refund. Most tech companies, including Oracle, Adobe and Microsoft are still paying much less by using an accounting trick to report profits outside the US. Many large profitable firms like Wells Fargo, Salesforce, AbbVie, Duke Energy, Adobe, Broadcom, IBM, Medtronic, and GE have a negative rate—We actually give them our tax payments. The rest pay lower rates than we do: NVIDIA, NextEra Energy, Bank of America, Pfizer, and Texas Instruments pay the lowest rates. The average overall company tax rate is only 19.7%. Our average is 32.9% including Fed, state, SS, Medicare, sales and gas taxes. This does not include property tax which some of us pay. We don’t receive a state subsidy like the $3 billion state subsidy that Foxconn got in 2018. Some call government-supported corporate tax refunds and grants US socialism.

Avoid paying their taxes: https://www.amazon.com/New-American-Retirement-System-ReserveTaxFree/dp/1461030072

 

Insurers may be overcharging you for coverage

Insurers use our credit scores and history to set premiums for car, home and rent insurance. Other service providers (rental agent, mortgage and auto loan) may use credit scores to set their charges. The CARES Act placed a temporary hold on reporting negative credit information to bureaus that collect credit history. When the hold is lifted, you may get whacked with increases in everything if the pandemic has disrupted your life. Some insurers recognize that the pandemic has had a disproportionate impact on the credit scores of some racial and income groups. Some are making it their business model to switch to a usage-based approach. Insurer Root’s usage-based approach can define a new industry approach that ties driving risk directly to driving habits rather than proxies. Thus drivers who speed, text and cause accidents may have a lower premium than safe drivers who have filed bankruptcy due to a medical catastrophe. Thus some insurers may offer you a better deal but unless you shop every 2 years you won’t know. And don’t forget to check for excessive car repair problems before you buy again.

Shop and save: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

 

What is your plan for your next financial stress?

Most of us have no plan to deal with a financial emergency. A plan BEFORE a crisis while in retirement would provide us with peace of mind—one of the most important goals we have. I hear about folks that are overwhelmed by a medical expense event, a family member money request, and a huge loss in retirement savings. In a recent survey, the most common answers given by folks age 40-73 were ask family and friends, children, church/state agencies, work and downsize to live on SS benefits. These are desperation measures, not a plan. My experience with folks who made a plan shows that building an emergency fund of HALF a year’s expenses works best. These folks kept that emergency money in a balanced fund like Vanguard’s Wellesley Income not a bank: they earn 7% not 1%. First, you feel better. Second, the money gives you time to figure out what to do. Third, the crisis may be over in a year. Make a plan using the tools that are available online for FREE.

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

 

How to protect your retirement funds and keep them growing

The best protection is not putting your money in bank products, money market funds, an annuity, or bonds. These are the vehicles I see folks using because their advisors told them to “protect” savings in “safe” accounts. However, as inflation rises, they will lose buying power—probably for a long time to come. Unless you know you will die in a couple of years, fixed return investments will starve you to death. All of the traditional “safe” places are providing Wall Street with great revenue. However, these places don’t help you. Over the next 30 years, you could be giving away HALF your potential nest egg. The best way to protect your funds is to grow them—the best defense is a great offense.  Growth and security come from a combination of stocks, bonds and real estate holdings. Over time, your nest egg will continue to grow with stocks while bonds and real estate provide stability. A low cost balanced fund provides steady total returns of over 7%. For instance, Vanguard’s Wellesley Income Fund has provided 40 years of solid returns over 7% on average. Retirement income is thus a combination of interest and dividends. As part of the Vanguard Top Ten funds, investors shift more of their assets to this fund as they progress in retirement.

Pick growth and income: https://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X/

 

 

 

 

 

 

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

 

 

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

 

 

Our Jan 6 ‘Truth and Reconciliation Commission’

 

9/11 Bush warns of “domestic terrorism”

 

Will “domestic terrorists” install Trump Sat?

 

Generals planned to stop Trump from starting WWIII

 

How Govt wastes our money:

GOP requires gov ID to vote and drive but requires no Covid vax card to touch kids

 

Your freedom; their deaths: Anti-vax anti-mask Christians killing babies with Covid plague

 

Saudis caught helping terrorists kill us: why we still giving them weapons/intelligence?

 

Lindsey wants to re-invade Afghanistan but he won’t be leading the charge: sending kids

 

Biden lawyers against chokehold/knee on neck UNLESS cop “feels threatened” they do!

 

Plan to lower drug prices was defeated in Dem committee: Lobbyists paid 3 Dems

 

SCAMS/SPINS:

GOP will reach 675,000, the 1918 flu pandemic death rate: Govs fight Prez mandate

Fox: If mandatory polio vaccine is OK, why not COVID-19? Drive, hunt, visit England

All of a sudden police/public service workers get religion: religion exemption kills folks

 

Trump on Pence, his chosen VP: insults 5-year old kids: This is your new GOP ?

Supremes not "a bunch of partisan hacks": just liars: each pledged Roe was “settled law”

Abortion pills for TX market booming: Mexico lightens up just in time: employers help?

 

FL court: Gov can continue to let Covid kill kids—no masks in schools is law

FL airport dogs ID the Covid killers: sniff employees’ masks despite Gov ban

FL refuses to total Covid deaths: must be extreme not to tell. GOP going for record!

WV highest rate of new Covid cases per day: low vax rate; closing schools

Fake vax cards are readily available: masks may still be prudent indoors

Fake mask tests in TX go viral: confirm sources before you believe internet

TX women beat up NYC restaurant hostess over valid vax cards:

 

San Diego healthcare workers seek religious vaccine exemptions: Bible saves you?

 

243,000 Covid cases in kids 1 week 500,000 in 2weeks: Do it for the kids: GET VAX

 

CA Vax mandates keep Trumpist out of power: Covid case reduction continues

 

FL 13 & 14 year olds with gun planned mass shooting at middle school: peers heard talk

mass-shootings-increased-in-pandemic/index.html

 

 

FBI caught allowing sex abuse by USA Gymnastics to continue w/o proper probe:

 

Larry Nassar in jail: why aren’t his bosses at USAG and USOPC? Cardinals never jailed

 

Felix Gorovodsky caught forged gift letter stole $253,000 promised to advise w/o license

Stephen C Peters caught selling bogus 9% notes stole $15 million: 40 yrs; lost appeal

Trumpists Lindell, Gen Flynn caught at 10,000 KY rally with only 300 showing up

American Airlines caught changing refund rules: you may be stranded

3 military caught helping foreign gov hack US companies for profit: fine, no firing squad

 

Drank the Kool-Aid: Most Republicans: It’s Important to Believe Trump Won Election

FL Gov guest claims Covid changes DNA but Gov did NOT disclaim lie: more FL deaths

 

Jobs

Hospital staff loses benefits when refuse vax: Covid staff kill babies “unable to staff”

Tech job pay by state: $123,000 in WA to $70K in SD

Renewed tax credit can help employers hire workers

 

Most promising jobs in ’21: Amazon wage increase; college

More Ford electric truck jobs in MI: chip shortage weighs cars/trucks down

 

Who owns your account now?

Reports suggest that seniors in poorer health may be better served by Original Medicare.

Average credit scores by age: Many errors in credit reports: fix for free

Most reliable appliances: CR reviews show most expensive not the most reliable.

 

Miracles:

Lutheran church installs 1st transgender bishop: SF Grace Cathedral where else?

A widow, doctor, mother of three running for president of Somalia: yes, Somalia

Bangladesh has reopened schools: 97% teachers and staff vaccinated

 

Miami football fans save cat falling from upper level with flag not masks

CA wildfires closing in on world’s largest oldest trees: Sequoia National Park

NYC vaccinated 6 million for smallpox in 1 MONTH to save lives: no mandate

3 million more obtain health care during special Covid enrollment

 

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

41 Watchung Plaza, B242

Montclair, NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

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

 

 

What are you doing with your tax cut?

What are you doing with your tax cut?

Why not use this FREE money you did not expect, to secure your retirement nest egg? Warren Buffett makes it easy using a SIMPLE Strategy 

He beat Wall Street ‘professionals’ with his strategy—22% in 2017; 11.11% since 1976.

The Master of investing, Warren Buffett, proved it, again. You do NOT need Wall Street 'professionals' to reach your financial goals. In fact, if you use them, you may give up 63% of your potential accumulations because of trading, charges, commissions and fees. Buffett’s SIMPLE strategy earns over 11% per year. DALBAR keeps track of returns and found that the average managed-account equity investor earned just 3.79% a year over 30 years. The benchmark returned 11.06%. You and I can start beating Wall Street with one phone call. Earnings are tax-FREE after age 59 ½ in special account too.

Earn 11% a year with Buffett’s SIMPLE strategy: https://www.amazon.com/MasterClass-Buffetts-SIMPLE-Strategy/dp/1983485268

How do you know if this is a market correction?

You don’t know when it will occur. Nobody does. So, like any accident—unforeseen event—we must be prepared. We must have our portfolio so arranged that we know what will happen in a correction and we can live with it. Actually, many investors have seen this before and realize they have no alternative because there is no ‘safe’ investment. Wall Street creates these dives by using program trading to capture the ups & downs. Investments in different segments perform well over time—just not all at the same time. http://www.mymoneyblog.com/wordpress/wp-content/uploads/2018/01/callan2018.gif.

Thus, last year every segment did well but in 2008, every segment did poorly except bonds. However, some segments did worse than others and then made it up the next year. Bonds remained at the bottom as they usually do. Only a few lucky advisors timed the market in 2007 to go into bonds and avoid the carnage. Buffett says “be greedy when others are fearful.” Now is the time to fund your 2017 IRA.

Stocks are on sale: https://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

 

Is your Robo-advisor up to the task?

Many Robo advisors were just not available when the market changed direction quickly last week. Human advisors were hard to reach also. These advisors get paid to be there especially in a market downfall but they were AWOL. Why are you paying for advice which you don’t get at the MOST crucial time? It is something to ask yourself. Does it matter to you that their equipment can’t handle the calls or they are out sick. The point is you pay 1-2% of your assets EVERY year, not for the ‘tip sheet’ or special opportunities but for the hand holding when the bottom falls out of the market. Almost no security was sparred this time. Did you get an email or call reassuring you that you are in the market for the long-haul? Did your Robo explain that you had discussed what to do in a correction? Did your advisor remind you that your special opportunity might evaporate if the market went against you? Why pay for help you don’t need AND don’t get?

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

What happens if you have dispute with your broker/advisor?

You can file a complaint. You can hire a lawyer to plead your case to the FINRA—that broker-dealer ‘self-governing’ body. Only industry that Fed lets owners police themselves. You can win arbitration and have the record show you have an award. However, 30% or more monetary awards to investors in arbitration claims go unpaid, the self-regulator said. “It’s crystal clear this is and remains a huge problem for FINRA and therefore for investors,” says PIABA President Andrew Stoltmann. Deregulation by Trump allows your advisor to easily remove the record of their misdeeds. Bad brokers welcomed by firms that need revenue. Your broker/advisor has multiple lawyers paid big bucks to defend them. Brokerage failures are excused. Firms avoid fines with lawyers.

Get the Best advice without the fees: https://www.amazon.com/Fiduciary-Rule-BEST-dont-anymore/dp/1530980275

   

Best last minute tax saving move

Tax filing began Jan 29 even though all the forms are late in arriving. If you find you owe tax instead of hitting the refund button this year, you may still be able to claim your refund. You can reduce your 2017 income and receive a tax credit. Credits reduce your taxes dollar for dollar. In effect, Uncle Sam can help you reduce taxes AND save for retirement at the same time. On line 32, Form 1040 or line 17, Form 1040a, you can enter up to $5,500 ($6,500 over age 50) as IRA contribution to reduce your income. If you meet the qualification, a credit will show up on Line 51, Form 1040 or Line 34, 1040a. You subtract this credit from your tax. EG: Income $66,000: tax refund is $3,335, without IRA contribution. With the contribution, the refund is $4,392 or $5,553 if you both make the contribution. Credit against tax is $400. IRS checks to see you have IRA.

Take the deal: https://www.amazon.com/Tax-Refund-Millionaires-Let-Uncle-Help/dp/149595644X

IRS free tax filing sites to avoid $300+ cost of filing

Commercial tax prep sites offer expensive loans as advances on your refund but you can keep your whole refund using the IRS free filing partners. Refunds can be in your account within 2-3 weeks. The average refund is over $3,000. Check your refund: https://sa.www4.irs.gov/irfof/lang/en/irfofgetstatus.jsp

You can create a tax-free retirement fund of $500,000 with that amount each year. If you need free tax preparer service for your 1040, use AARP Tax Aides near you. Bring last year’s return and ID: https://www.aarp.org/money/taxes/aarp_taxaide/

Use your refund to fund your tax-FREE IRS approved account: https://www.amazon.com/Tax-FREE-Retirement-code-lifetime-income/dp/1475206976

Are you able to take advantage of the new 20% deduction?

Accountants are hard at work with Trump’s new tax avoidance angle: A 20% deduction for pass-through businesses. If you have your own business or could have it, your accountant is quickly working out how you either put all your income/assets into one entity or cutting them up into several. The model for this tax avoidance scheme is Trump’s own empire. He develops or owns real estate, runs properties for others, name royalties, sells beef & perfume, runs events and jets and TV productions. Because he has global reach, his profits may stay overseas or be taxed at lower rates inside subsidiaries or pass-throughs like LLCs. He may avoid tax by putting his profits in a subsidiary and then bankrupting the business debts. He did that in 1995 and avoided tax for years after.

Use your legal tax shelter: https://www.amazon.com/Your-Hidden-Wealth-Reserve-Reduce/dp/1540435148

Where are the Trump tax cuts going? Not for jobs

Twenty-seven of our biggest businesses have already spent about $100 billion buying back stocks from shareholders in 2018, a move that shows how the new GOP tax law is primarily benefiting wealthy Americans and large corporations, says a new report. “Firms already had access to all kinds of cheap investment capital, even before the tax plan,” said economist Jared Bernstein. At a news conference in late December, Trump cited Wells Fargo's decision to increase wages and charitable giving; changes the company says will cost about $215 million. In January, the bank announced about $22 billion in corporate share buybacks. Corporate buybacks involved more than 100 times as much money. So, let’s be honest. Tax breaks help the wealthy. Working people will get taxed.

Avoid paying for THEIR tax breaks; use yours: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382

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

Make “The Don” Great Again

’I could shoot someone on 5^th avenue and not lose voters’

Trump to refuse to answer special prosecutor’s questions: Above the law?

GOP House will never impeach their ‘Savior’

The Path to Dictatorship

“I have absolute right to do what I want to do with the Justice Department,”

Trump Says He Has An 'Absolute Right' To Control The FBI and Justice Department.

(Court judges in Reich were instructed to submit lists of lawyers who would be trustworthy. The main requirement was absolute political reliability. Hitler’s Justice)

Bannon and I wish to “destroy the state”–our government: “I want to destroy”

GOP to destroy FBI investigators and rule of law to save their mob boss’s crimes

FBI doing its job following Kremlin advisor, Page, a suspected Putin spy

Trump Is 'Doing Putin's Job for Him' by Attacking our FBI: McCain

Putin’s influence: Manafort, Flynn, Gates, Page, Stone, Papadopoulos, Sater

“I’m a very stable genius” Can you pass Trump genius test?

No real businessman would act or communicate like The Don. ‘My button is bigger’

Mafia boss methods do NOT work in government: can’t stop FBI investigation

“Trump can’t be a racist: he had a TV show”

“Why are we having all these people from shithole countries come here?

Trump creates religionists agency to justify discrimination

‘I’m the only one that matters’ Mob Boss, Nov 3, 2017

The Don’s enforcers lie re: contacts to Putin and list longer: Why all the lies if innocent?

The Don’s election money from Russia via NRA   I love my Sugar daddy!

GOP suppresses vote: can voters make America normal again?

GOP uses unconstitutional gerrymandering to get elected. Supremes agree

‘I was elected President.’ (to destroy ‘the state’)

Dictator’s great weapon is fear: Dems are evil (TV ad)

Trump: I want to fire any employee who does things I don’t like

Anyone who did NOT clap for my speech is a traitor

“I would love to see a shutdown”

How Govt wastes our money:

Trump to spend $ millions on DC military parade for his gratification like Putin Un Adolf

Navy says it wasts $4 billions every time Congress votes for 2 week temp. budgets

GOP votes to “ask” our ‘reps’ to repay us when we pay for their ‘sexual’ settlements.

SCAMS:

Tank parade in front of The Don: Instead make sure veterans get to see a doctor now!

Carter Page, advisor to Trump, targeted by FBI, calls himself “advisor to the Kremlin”

FBI wiretap on agent Page was reason Trump blamed Obama for wiretap of his phones

Pentagon lost $800 million in payments to contractors: “little idea where money goes” And 60% of new budget goes to military to make some GOP people even richer.

Bannon ignores Congress subpoena but not arrested. Can we do that? No law & order.

Jobs:

Recent job data shows older workers getting back to work. 797,000 people over age 55 found a job in December.

Trump is looking for a wife beater to fill a WH position—no need to pass security check. 

Mob attitude to women is accepted. We just Hope … Hicks is not the next victim. Trump says if the perp denies allegation ‘flatly’ then perp is innocent. “Black eye is fake.”

Who owns your account now?

Trump proposed allowing owners to take their workers’ tips.

Miracle:

FoxNews admits TrumpNunes memo does NOT vindicate Trump; shows FBI doing job

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts 

Tax bill leaves subsidies for oil, gas, agribiz, ethanol, coal, airlines, export bank, but not us

In the upcoming tax bill, which of these tax subsidies will Congress end? http://www.goodjobsfirst.org/sites/default/files/docs/pdf/UncleSamsFavoriteCorporations.pdf.

Here are the largest corporate welfare recipients: https://www.cheatsheet.com/ business/high-on-the-hog-the-top-8-corporate-welfare-recipients.html/?a=viewall. GOP wants to cut taxes for the rich and increase the interest payments on debt to the Chinese! GOP idea that corporations make jobs with tax cuts was proven wrong by KS in 2010, when KS cut taxes and almost went bankrupt. Tax cuts are usually invested overseas where the corporation can make more money from cheap labor. Example: Carrier got tax breaks from IN and still moved to Mexico because wages are ¼ US wages. 

Can our ‘reps’ end corporate loopholes and subsidies? How can Congress do that when our ‘reps’ get their election money from the same companies/lobbyists? They give profitable energy firms like Exxon subsidies they don’t need. GOP’s propaganda of tax reform hides the increases for us. Ask your ‘rep’ to end just one subsidy! While we wait,

Avoid the coming tax increase: https://www.amazon.com/Pay-No-Taxes-Retirement-legally/dp/1507527977

Cut taxes? Most large corporations pay no taxes already—No firm pays 35%

Trump and GOP want to cut taxes for corporations but most don’t pay taxes now. Many store their cash overseas so they can’t be taxed. We can’t do that legally! We must pay tax on all worldwide income and most of us don’t have a legal team (deductible) to avoid taxes with legal gimmicks. For instance, some like Google use the Dutch Sandwich to save $3.6 Billion in taxes. Others use the Double Irish to use foreign tax laws we can’t.

Some receive our tax money as subsidies even though they are profitable: Nike, Royal Dutch Shell, Fiat Chrysler, Ford, GM, Intel, Alcoa, Boeing. 75% of disclosed subsidy dollars have gone to 965 big companies. We don’t know the total value of subsidies to all business but it is in the $ billions. GOP targets our deductions: we end up paying more taxes instead of corporations paying their fair share and GOP can say they are NOT increasing our tax rates. But the net effect is we get less. Business keeps its subsidies!

And GOP wants to give them more: https://www.amazon.com/Most-U-S-Corporations-Pay-Taxes/dp/1514274116

If the average income went up why do I not feel it?

Household incomes have grown in 2 years. More Americans were working, and more had health insurance in 2016 than the year before. In 2016, the median income of men was $51,640 but in 1973, the inflation-adjusted median income of men working full time was $54,030— $2,400 HIGHER. We have less purchasing power but we are paying more for everything: Taxes—federal state income tax, Medicare and Social Security. Some pay union dues and discounted health insurance. If you are lucky you invest for retirement and if really lucky you are buying a home and paying property taxes. Most surveys say that you are paying at least 34% just for taxes. Add union dues of $500, family smart phone plan $2,200, family health insurance $6,471, family leave insurance $26, unemployment insurance $138, and pension $6,000. You also may be paying $7,000 on your home and $2,000 in property tax. Most people live in states with sales tax and pay 5-7% of their disposable income on stuff they need to live. All 97 taxes.

This is why the GOP talks tax cut—BUT FOR WHO? Many rich people pay under 18% total tax while we are paying 34% according to Mr Buffett. Warren Buffett pays 17.7%. The wealthy ALREADY have a flat tax. President Trump claimed he pays as little as possible—1995 return shows he got a REFUND and had charge offs for about 20 years too. Until Congress cuts our TOTAL taxes, we all should …

Avoid taxes like the rich: https://www.amazon.com/Pay-No-Taxes-Retirement-legally/dp/1507527977

Warren Buffett can be your investment 'advisor'

He does not charge trading commissions or fees. You can’t pick the wrong stocks. You can earn 11% on your long-term money and end up with HALF a million dollars or more with one phone call. The average advisor-assisted investor earned just 3.79% instead of the market rate of 11%. You use the strategy proven by Warren Buffett, the greatest investor of our time. We beat Wall Street at their own game by using Warren Buffett's strategy: buy and keep buying the largest mutual funds run at cost and owned by us, the investors. Buffett prediction: index beat best hedge fund ‘professionals’ by a mile.

            A plain market index fund beat 92-95% of the returns of "professional" managers, including hedge funds. Stock picking by geniuses works only for a short time. Insiders may have an edge but it is illegal and you could get caught like Martha Stewart. To earn more, we pay as little as we can. We own stocks of companies with certain characteristics. We pay less and get more. We use a special investment account to eliminate all future income and capital gains taxes. It is IRS approved for workers only. No one can time the market successfully over time. We don't pay Wall Street owners the $1.3 Trillion per year revenues they take from their clients. 

You can set up your account in 1 hour FREE: https://www.amazon.com/Your-First-Mutual-Fund-FREE/dp/1976074118.

New TrumpCare ends 10 Obama guarantees for all Americans except Congress

GOP is asking GOP governors to push for Cassidy-Graham passage because their state will reap $ billions to save their state budgets from default. This political settlement provides money to the states (GOP states get double) to subsidize the old, poor and disabled health care needs. Bloc grants let states spend what they want on health or new statues. Your state can decide to let insurers charge more for those with pre-existing conditions or charge an unaffordable premium or charge less for excluded cancers or heart disease. We lose protections on pre-existing, ER, screenings, Medicaid etc. Even Cassidy own state Health Commissioner says it ends care for 433,000 LA citizens. Our ‘reps’ get to keep these protections in their plan so they face no fight for coverage. We taxpayers foot their bills and insurers can jack up the premiums every year. Insurers and lobbyists win and we lose again: the 32 million without any coverage plan!

The Don says "Graham-Cassidy Bill is GREAT! Ends Ocare!"  Alaska bonus vote!

The Don and Congress get to keep the 10 Obama guarantees; we don’t.

Securities Commission warns investors about bogus designations/titles

Some of the letters after your advisor’s name provide little assurance of competence. Advisors make money from selling so the more gravitas they can impress on you the better. Some letters mean nothing except sales or conference attendance. Determine what the letters mean here along with a check on their complaint file. You are entitled to understand how your advisor and their firm get paid by you so don’t enter a contract without knowing what you get for how much. And consider that most charge fees forever, even when they don’t do well. Advisors become psychotherapists regarding your relationship with money. Financial success beyond the returns of simple market index account is hard to achieve over time. Always ask, “Is this plan really helping me” more than them. One study found that the most successful investors were those that ‘forgot’ their account. Warren Buffett advises us to buy and hold forever too. Buffett has a record of 20% annual returns with 2 down years since 1965. Is your advisor able to beat that record with all the titles etc? Remember, they are salespeople first. If you are paying too much, use Buffett as your ‘advisor’: https://www.amazon.com/Warren-Buffett-Your-Investment-Advisor/dp/1518690963

Which doctor and hospital is best if you need major surgery or treatment?

This is the question every citizen should be able to answer easily. But we can’t. The medical profession has convinced Congress it is not good business to inform us about specific ‘bad’ docs or hospitals. You may be able to obtain the information from the National Practitioner Data Bank through your Congressperson. We have to do our own research and some of the information we need is withheld like ‘malpractice payments.’ When I had colonoscopy, I asked each person involved if they accepted my insurance. I got a bill from an MD never heard of and told him NO PAY. I got help from the nonprofit Patient Advocate Foundation. 

There are docs I call ‘floaters’ at hospitals who ‘drop by’ even when you are unconscious and then bill you. Other people have been assured the docs are ‘in-network’ and were not. Each of us needs a witness and cell recorder if we go for elective or emergency services. Some docs are on https://www.healthgrades.com/ and https://www.usnews.com/ but this is general. Publica and Consumers’ Checkbook have complication rates based on Medicare data. See https://projects.propublica.org/surgeons/ and

http://www.checkbook.org/surgeonratings/. You must ask the right questions of those who know—his/her peers, staff and coworkers if they will talk: http://www.nytimes.com/health/guides/disease/cataract/treatment.html?mcubz=0 and https://www.cbsnews.com/news/consumers-guide-to-top-doctors/

Keep searching state and consumer sites: http://www.castleconnolly.com/ddi/index.cfm

https://www.consumerreports.org/health/hospitals/ratings. Search specialty sites: AARP Bulletin lists complication occurrence rates for common events like cataracts: 20%! For example: http://www.allaboutvision.com/conditions/cataract-complications.htm

Make sure your insurance covers all those involved—surgeon, hospital, anesthesiologist, specialists, hospital ‘floaters’: https://www.amazon.com/Health-Insurance-ONLY-right-policy/dp/1480125083

How to buy a luxury car at 50-60% off

2015 Benz E 350 for $25,000. Original price $53,225 with lux equip and good MPG. You may find the right ride for HALF the price. Check the JD Power reliability study to see what current owners say about your choice before you research valid sales sites. Check the rating of the dealer too. Some used car salesmen continue to give the industry a bad name. And don’t forget to decline any add ons like insurance, warranties, undercoatings, transportation, clean up and ‘prep’ charges. Hey it is your money. Buy the financing from your bank or credit bureau if you have good credit. Most dealers make their money on the finance money.

What about a sports car for a change? Or one with style they can’t give away?

Ask for all your discounts too: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

Can our ‘reps’ get elected w/o drug money?

Bernie Sanders thinks we can have health care for less cost. The only people who lose are the middlemen and women who get paid to stand between us and health care providers. They employ another group of wealthy people to tell our ‘reps’ what to do on laws. Americans pay about double what other countries pay in total for less care. Many Americans have to sit in hospitals all day to be seen. Millions who work for employers without benefits don’t get care and must get sick to go to the hospital for major problems especially in GOP states. Even if you have a plan, you get manipulated by the system. If the doc or hospital makes a mistake, your family will live through hell or worse.

Imagine paying nothing when you go to the doctor’s office—no copayments, deductibles or portion of your bill. Any prescription drugs would cost you no more than $200 per year. And for all this, you’d pay insurance premiums of just 4% of your income. Since everyone is covered, most doctors and hospitals will have to accept Medicare reimbursement. And there are no tricks from providers who lie about plan coverages.

The insurance company infrastructure would have to find something else to do. That clerk who tells you that you are not covered for the procedure your doctor recommends would need to find work. Also the hundreds at the pharmacy wholesaler who decide EpiPens should cost you $609 not $30. Also hundreds of marketing people who make TV and media adverts to sell drugs to your doctor. Yes, doctors are being told what to push.

SO:

If GOP can vote to end ObamaCare, they could help us and vote FOR Medicare for US. 

Can anyone think of spending $77,000 on a pickup?

The industry has gone crazy in the truck segment with overpriced extras that keep Detroit rich. When you pay $40,000 for the worst-rated pickup in the reliability department, you’ll struggle to get value in the Sierra 2500 when paying the most for the worst. When Consumer Reports asked its legion of subscribers for the worst-value truck on the market, Ford F-250 was the answer. Putting lipstick on a pig will costs you extra but doesn’t add to the quality. Check JD Power reliability on a 3 year old model for your pick up needs: http://www.jdpower.com/cars/awards/Vehicle-Dependability-Study-%2528VDS%2529-by-Category/1882ENG

And take your discounts too: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

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

TrumpWorld

I could shoot someone on 5^th avenue and not lose voters’

GOP religion whipped up to sell TV show and Trump brand; and get elected

Trump is still just a mafia contractor from Queens—Dad taught him to be The Don.

Trump cancelled health care policy for brother’s family after they fought dad’s will

The Don thanks his wife after introduction with a handshake like she’s a guy?

Smoking gun: “Our boy can become president of the USA and we can engineer it,” Sater wrote in an email to lawyer Cohen. “I will get all of Putins team to buy in on this.” Manafort tells Russian mob he will keep them informed about “our boy.”

Trump’s group places mob ties above country; it’s about money POWER not US service.

Mob doesn’t call the FBI when Jr doing an illegal deal with fellow mobsters. Receiving stuff from ‘foreign power’ during campaign is illegal—even for idiots.

Putin has full access to our 2018 elections since Trump doesn’t help states upgrade now.

Russian agent admits to propaganda war on US. We were duped by pro-Trump agents.

‘Ministry of Truth’ 1984 novel: Government propaganda is ‘truth’

Trump: middle class is the focus of tax plan, taxes on the wealthy need to increase. B.S.

Trump Jr wants more ‘privacy’ so gives up Secret Service watch. Putin can call directly.

The Don dismisses report of positive contribution of immigrants to US: Racist ideology.

The Don apologizes to Turkey for Turkey thugs hitting kicking protestors. Thugs began it

Trump blames both Clintons for his dilemma with North Korea—they “allowed” nuclear.

My Theory:

Trump got Russian help/funding for business from business/mob ties to Putin.

No one expected him to win so no harm getting Putin help. Don owes Vlad’s mob money so they sent mob gofer Manafort to run the campaign. ‘Colluding’ Putin style.

TrumpWorld – using presidency to make money the old fashioned way: theft

Taxpayers are hit with Mar largo charge of $1,092 for The Don’s party.

Trump uses a Chinese government firm to build his Dubai golf club. Buy American?

The Don’s wife Mel sues schools to maintain Trump brand even in Croatia.

Dictator talk time:

“When the president does it, that means it is not illegal,” Richard Nixon

The Don is moving us to a dictatorship where the only people who go to jail are his enemies and non whites he does not like. Racists and nationalists get pardons. If Flynn and Manafort get indicted by Mueller, The Don will just give them a “get out of jail free” card so they don’t rat him out.

The Don Names Nixon racial profiler Malek to Smithsonian.

Dictators use “back to law and order” to limit rights, fill jails, fund army, follow enemies.

The Don singles out trans group to exclude but McCain joins fight against this discrim.

The Don rejects logic, threatens millions of people and calls out man with missiles.

     Man with missiles goes to get more firepower to protect from US threat! Wild West

“The president can’t have a conflict of interest.” The Don is above the law?

Quid pro quo: "something for something."

Trump elevates ‘ethics’ exec who OKs Pence lobbyists to pay his legal bills too.  

AL Senator plays race card for election win: racism is the foundation of GOP wins

Equifax pays $1 million to get GOP to end our right to sue for credit mistakes.

Lincoln solution to TrumpWorld: http://www.latimes.com/opinion/op-ed/la-oe-blumenthal-lincoln-trump-20170713-story.html

Most Americans want Obama back now.  He did things we needed done.

Regulation is necessary: We need protection. Saves $12 billion of our money!

Tye Williams, NEXT Securities, TX barred from selling securities.

Sun Trust caught misleading and selling funds at higher markups: fine no jail time.

Supremes give The Don the power to cancel all immigration to US: KKK thrilled

Equifax execs cash in on stock before telling world our data is gone: 2 quit with riches.

GOP to reduce accountability of Equifax, others so no suits for damage to credit.

Top Notch Funding caught lying to NFL, Deepwater, 9/11 victims re: settlements.

Brian Ourand, Live Nation, stole $2 million from celebrities: 33 mo jail time.

Fiat recalls 494,000 Ram trucks for bad water pump fire risk.

CVS pharmacy to control opium addition instead of doctors in US.

Can we trust credit reporting agencies to buy and sell our financial lives?

Watch FREE theft monitor: Our SS # stolen from Equifax so thieves may get new CC.

Trump has suspended our right to bring class action lawsuits against our advisors.

How Govt wastes our money:

Cassini spacecraft crashes into Saturn—we could have fixed 1000 bridges with that $3B

SCAMS:

Debit card use gets cash back but you give up all your rights and can drain account quick.

Equifax execs make killing on insider information BEFORE tell us hacking took data.

Jobs:

Trump doubled the apprenticeship program—skip college debt and earn now.

Trump sending more jobs overseas: US firms must expand with foreigners who he bans.

Tech firms need world’s best so must move overseas to hire/compete. US loses geniuses.  

Honda adds OH jobs while GM Ford cut US production: move to Mexico and China

Ford lay off thousands just before holidays to cut stock piles.

WI taxpayers pay $3 Billion for 3,000 Apple jobs:  $1million per job? regret by Brazil

Alaska farming is becoming possible with climate change and technology. 

Who owns your account now?

Who controls your digital accounts if you are not able: new laws clarify. Will enough?

Miracle:

IRS accepts reasonable estimate of loss if storm took your records; plus more time to file.

IAN

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