Your advisor may have outsourced your money management

 

What are the chances of us reaching our goals?

We have a very good chance of reaching our goal of adequate retirement income by just putting our investment contributions on automatic. First, we need to realize that stocks and stock mutual funds are the safest way to reach long-term goals. Historically, a low-cost index of the S&P 500 stocks grows at 11% a year. An example is the Vanguard 500 Index fund which has provided 11.3% annual returns since 1976. Second, TIME invested is the key to success. Over 33 years, our $250 a month, $99,000 total investment accumulates to $1 million total. Third, Compounding over time is the miracle that turns our $250 a month into $1 million. Compounding only works for us if we don’t trade in and out of the market—we “buy and hold.” Fourth, we can set our spending in retirement so we never run out of money. We can determine how long and how much we can spend later in life using a Monte Carlo simulation of 100,000 market situations.

Let money work for you not your advisor: https://www.amazon.com/Best-Robo-Advisor-Ultimate-Automatic-Management/dp/1537111957

 

What should we do when the stock market goes down?

This is the time when most people fail to reach their goals. But take a hint from the wealthy—don’t sell when the stock market falls. Rich people don’t sell when the ‘price’ not ‘value’ goes down. They know the ‘price’ will rise again if they have purchased ‘value’—solid business assets—either their own business or their stocks/stock mutual funds. In fact, the wealthy like Warren Buffett react to a market adjustment by buying; not selling! Stocks are on sale. Since most of us don’t have a ton of new money when the markets go down, we must just grit our teeth and “hold” on to what we have. Over time companies with value will increase in price. Check for yourself: enter 1970 to 2020 in this chart and compare the rise in value of $1. From 1970 to 2020, your $1 increased to $183.71. Some years you lost 37% but some years you gained 38%. Over time the annual increase was 12.19%--a positive increase. Don’t sell. Your $1,000 annual contribution to a tax-deferred account would be worth $3,986,886.77 or your $3,000 annual contribution would be worth $1,034,853.69 in 30 years.

Just buy and hold: https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement

 

Your advisor may have outsourced your money management

Did you notice during the pandemic that your requests slowed and then speeded up? During the crisis, advisors responsiveness was taxed. Instead of making you wait longer for services or changes in your portfolio, large firms sent trading and asset change requests to others or computers using standardized models. Using new models-based products, advisors may have found an answer for more profits. By applying “pre-set investment models to investors at scale, advisors have been able to delegate less differentiated services, such as trading processes, to trusted third parties, allowing them to instead focus more directly on client service.” In doing so, not only can they save time and energy, but they can also limit vulnerability and reduce strain on the process [read costs]. Thus you may be paying for automated services/products that you can receive from a Robo at a QUARTER the cost.

Hey, you pay the fees: https://www.amazon.com/Pimps-Wall-Street-money-middlemen/dp/151525254X

 

 

“Only little people pay taxes”

Trump’s employees are now under investigation for not paying their taxes. Trump is not. Trump has made it his life’s work to not pay taxes. He boasted in the debates, “I’m smart” to not pay taxes. He believes like Mrs Helmsley that “only little people pay taxes.” Those who have money have hired the smart accountants and lawyers to design their empires in such a way that they themselves don’t pay much of their income/assets in taxes. We are the ones who pay most of the taxes because the American system was built on taxing payroll income taxes—and even taking taxes before we leave work on payday. The wealthy don’t live on normal income. They have worked the system to take revenue as loan proceeds (0% tax) or capital gains (0%, 15% or 20%). For instance, Warren Buffett, one of the wealthiest Americans, pays only 17.7% while his workers pay double: 32.9%. Trump pays less or nothing because his consultants use tax tricks to help him avoid his fair share. For instance, his return claimed a tax deduction of $21 million for promising not sell the trees in his backyard. The IRS would fine you if you tried that.

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

 

Will the new taxes on the wealthy hurt us?

If your family is using a ‘dynasty trust or ‘generation-skipping’ trusts, you should worry. These vehicles that wealthy families use to benefit multiple generations of descendants are being targeted. These tools are used by the top 0.1%—trusts that can move millions, and sometimes billions, of dollars to heirs tax-free. Biden’s plans to make heirs pay more, equalize rates between investors and workers, and boost taxes on corporations and the wealthy by raising rates on low-tax offshore entities, will take time to execute. Meanwhile the wealthy have their specialists working to create new ways to avoid taxes. Those who recently moved to Puerto Rico to avoid taxes are getting letters already. Congress will no doubt try to thwart Biden’s efforts to boost capital gains taxes on the wealthy to ordinary income rates, and to tax gifts and large unrealized gains at death. The final language in any tax bill will be up to millionaires in Congress, and, assuming legislation is eventually enacted, some details might not be even settled until the IRS issues regulations. Our tax situation should not change much—unless you moved to PR.

Start saving tax-FREE: https://www.amazon.com/Pay-No-Taxes-Retirement-legally/dp/1507527977/

 

How to save on homeowners insurance

After you receive your coverage, insurers are unlikely to cancel unless you don’t pay premiums, have too many claims in 1 year, or change your liability profile. Certain dogs, pools, backyard play equipment and hidden businesses are common reasons for cancellations. Flooding is becoming more of an issue in costal areas. Even Trump a climate denier is fortifying his ‘house’. Maintaining your home saves big repairs and the possibility of insurer concerns. I got a notice from my carrier because the sidewalk is uneven. I pointed out that every sidewalk in my town is uneven. I also had to cut down the 200 year old oak in the front yard since it was losing limbs—3 in one year—unsafe future. And NO you can’t deduct your insurance premiums from your tax bill despite what 49% of us think. Only Trump can deduct his premiums and new seawall because he lives in his hotel. Save on financial services by shopping for essential coverage.

Ask for your possible discounts: https://www.amazon.com/Save-3000-every-year-Only/dp/1500681571/

 

Is a religious health care plan right for you?

You may have heard about health care sharing ministries. These are nonprofits with religious overtones that look and sound like health insurance, but rely on contributions of its members to cover fellow members' medical bills. They promote these plans as cheaper than for-profit health insurance. However, if you ask, these plans don't have to follow health insurance regulations, and thus can exclude pre-existing conditions and anything they feel is immoral or too expensive. You many be left with $thousands in unpaid bills because unforeseen things happen. HCSMs are not under a contractual obligation to pay members' medical claims. It is voluntary and you must negotiate the costs of care. Real health care insurance is obliged by law to pay all your bills for covered illness/accident. The current law prohibits health plans from putting annual or lifetime dollar limits on most benefits you receive. With ACA ObamaCare subsidies and no mandate, you are better off using a local network provider of your doctors at contract prices.

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

 

How to achieve financial independence on a worker’s wages

Financially independent: the ability to reach all your financial goals. To be free to pursue what is really important to you. Warren Buffett and his partner Charlie Munger have been operating independently for over 50 years. They recently explained: “We made a lot of money. But what we really wanted was independence. And we have had the ability since pretty much a little after we met financially we could associate with people who we wanted to associate with. We’ve had that luxury now for, you know, 60 years or close to it. And, and that beats 25-room houses and, you know, six cars or that stuff is, what really is great is if you can do what you want to do.” Money helps you do that.

True freedom is the ability to control how you spend your time.

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

 

 

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

 

 

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

 

 

Our Jan 6 ‘Truth and Reconciliation Commission’

 

Pied Piper leads terrorists to jail

 

535 terrorists charged; 300 more

 

How Govt wastes our money:

Trump can still evade criminal and tax outcome: skilled at deflection to others: BIG con

Some states don’t want children to learn about institutional racism: What to fear?

Half states see rise in Covid cases: deaths only in unvaxx victims now: Proof vax works

 

Mo Brooks (R-Ala.): I can’t be sued for inciting the coup because I’m an employee.

147 GOP who voted to overturn the presidential election and fueled the insurrection

NJ to exclude more retiree pension income in 2021: $100-150K gets partial tax break

 

New state taxes July 1 for incomes and gas and sales and other: Read small print

Wealthy contributors tell Congress NOT to pay for more IRS auditors: “audit the poor”

 

 

SCAMS/SPINS:

Vatican indicts 10 for financial crimes: but NOT 1700 for sex abuse of kids  Values?

 

Tyson recalls ready-to-eat chicken products due to possible Listeria contamination

Chips are the new oil: takes years to produce more and firms reset after Covid changes

 

11 armed terrorists “who don’t acknowledge US laws” fled police ‘Moors’ captured 

SCAM: “free” genetic testing kits that allegedly screen for heart conditions or cancer. 

Marlon LaShonda Moore “Blessings In No Time” caught pyramid: said ‘8 times’ return

 

Securities America failed to stop Hector May stealing clients’ $8 million; fine no jail

Terrorists use disguise of a Bible study group to build supply of explosives to kill Pelosi

John Robert Jones Jr GA caught selling unregistered funds lost clients $2.6 million

 

Drug pusher Sackler pays $4.5B suit for killing 500,000 from opioids: lawyers win

 

Biden trying to hide windfall from son’s “art”: new way to make contributions?

Trump terrorists still plan to return him to WH by August: planning a WH ‘tour’?

TX deputizing citizens, including outsiders, to stop abortions: medical vigilantes 

 

Jobs

U.S. jobs gain largest in 10 months; employers raise wages, sweeten perks: that’ll do it

Russian ransoms earn $70 Million as companies fail to backup/secure passwords.

Slave labor for the NY wealthy: no one to do lawn, iron, comb, cook, dress them

 

Who owns your account now?

No, you don’t have to use Win 11: you won’t have to buy a new computer either

Consumer Reports: Appliance reliability ratings: fridge, dryer, washer, micro, etc

Air Force will pay 26 victims’ families in 2017 TX church killings

 

Gun maker and seller sued for teen shooter’s crime: our insurance rates up

Surprise: What Did You Earn At Your First Job?  60 years is a long time to wait

 

Miracles:

At age 12, Abhimanyu Mishra became the youngest grandmaster in chess history.

At age 3, National Anthem done right: https://www.youtube.com/watch?v=txSuj0GJT90

 

 

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/

 

 

Give your child a leg up: Make sure they can make and manage money

Give your child a leg up: Make sure they can make and manage money

Only 17 states require your child to learn how to determine which investment pays the highest return on their money. Most think it is a savings account. This could be one reason most of us are going to be broke in retirement and the amount of credit card debt has doubled to over $8,000 per household. Children are moving back home after racking up huge student loan debts. Most parents have no clue about the fundamentals of personal finance—investing, interest rates, compound interest, why the rich get richer, and avoiding debt by creating your own ‘bank’ of tax-FREE accounts. Unbiased advice is easily available. For instance, if I loaned $250 a month to big companies we use every day, over time, with interest on my money left with them, would grow to be $63,000 in 10 years, $245,000 in 20 years, and $790,000 in 30 years. The Miracle of Compounding: I loaned them $90,000 ($3,000 X 30 yrs) and now I have $790,000. If I use a tax-FREE account, the amount is not taxed—now or later. I learned from John Bogle that you give up 63% of your total potential nest egg if you pay someone 2% a year to handle your money. Warren Buffett’s advice is so simple, anyone can follow it.

Use Unbiased Advice: https://www.amazon.com/Wealth-every-school-graduate-century/dp/1466427906

Is financial planning really like Netflix?

Instead of a 0.28% fee on your assets every year, Schwab will charge $300 financial planning fee once and a $30 flat monthly subscription that will not increase with assets. $360 a year sounds great compared with the $350 ($125,000 portfolio) that rises each year. You get investment management, a financial plan and unlimited guidance from a certified financial planner, whether you have $100,000 invested or $2 million. Of course, the details matter. We did a complete evaluation and plan with analysis for $750 from a CFP on less than a $1 million. If your situation is complex and changing, Schwab is a good deal especially if you have a good planner on over $1 million. If you have a smaller simpler nest egg, you may be overpaying. $30 a month for 30 years is over $10,000 and no extra benefit. If you believe in market timing with the right advisor, you may have a bargain here. Schwab makes their profits on the 8% cash you are required to keep instead of securities. However, most investors with active management earn just 3.79% vs 11% with an index fund. If you are a Warren Buffett investor, Schwab is not worth it.

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

Is your advisor becoming your ‘therapist’?

Is your advisor ‘helping you change your behavior’ when it comes to money? This is their new role: “guide the client’s behavior so they can live their best life possible with the money they have.” But how can advisors do this—inputting your data in planning and trading software? Some think that advisors need to evolve to the more emotional aspects of money. Some brokers are told they must help us align our money with our values. They are told to find out our purpose in life. They are told to ask: “I’d love to get a sense for what gets you up in the morning.” Brokers must know our goals in order to plan the uses of our money. This requires that they “help us dream a bit and add real value to our lives.” Vanguard has studied this added value since they use paid staff not commissioned brokers. They use a ‘service-centric’ model not a ‘beat the market’ model. Brokers are told to raise their value to us by “positioning themselves as a truth tellers.” But brokers can’t tell us the truth—“my firm overcharges you because we only use high-fee products.” Problem is, most brokers don’t have time for counseling us. They must make enough sales daily to meet their firm’s revenue target. If we have less than a $1 million, therapy is too costly to perform on us. Unbiased fee-only planners are the best advisors.

https://www.amazon.com/Unbiased-Advisors-Network-helps-tax-FREE/dp/1470106841

Where is FREE tax preparation?

The free AARP tax-aide sites are filling up quickly: aarp.org/money/taxes/aarp_taxaide/. Before spending $200-400 for a paid preparer, try filling in the screens using the IRS partners at irs.gov https://apps.irs.gov/app/freeFile/. The instructions are easy to follow especially if you have last year’s return to compare what forms you need. I have found https://www.freetaxusa.com very easy to negotiate and respond to email questions. This one charges only $15 for your state return: Fed is free. It is still $15 when as complicated like mine. Basically, you must pay tax on all your taxable income—wages, pensions, etc. This year you have less to deduct because the standard deduction was doubled. Beware some software glitches. However, you lost the personal exemption of $4,050 for yourself, your spouse and each of your dependents. For each child under age 17 you receive $2,000. In high property tax states—NY, NJ, CA, CT, etc you will probably owe this year. The deduction cap is now $10,000 and the average homeowners in these states pay about $20,000 property tax. The law was written by a Rep from a Red state.

Try software at irs.gov https://apps.irs.gov/app/freeFile/ before you go to paid preparers. Penalty for underpayment modified this year.

Check the status of your fed refund: https://www.irs.gov/refunds

Is your ride un-reliable and expensive?

Consumer Reports' annual survey: greatest risks of problems in 10 models counting down to the least reliable model, the Jaguar F-Pace. Climate system, steering/suspension, power equipment are possible trouble for Volkswagen’s Atlas. Climate system, drive system, transmission are suspect in Caddy’s CTS. Power equipment, engine, in-car electronics may hurt Alfa Romeo Giulia. Engine cooling, emissions/fuel system, climate system may hinder Kia Cadenza. Climate system; transmission, minor; in-car electronics slow The Escalade. Climate system; transmission, minor; in-car electronics may knock the $65,000 CT6. Fuel/emissions system, drive system, steering/suspension may fade HD Silverado. Body hardware, paint and trim, in-car electronics, noises and leaks may annoy Tesla’s X. Transmission, minor; power equipment; noises and leaks may bother Buick Enclave. In-car electronics, drive system, power equipment, noises and leaks irritate Jaguar’s “SUV”. (Can sports car be an SUV too?) Is Chevy reliable? Compare JD Power voters: https://www.jdpower.com/business/press-releases/2019-us-vehicle-dependability-studyvds

Find reliable discount coverage: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

Health Care is the issue for 2020

People were in favor 55% to 32% of improving the current health care system instead of replacing it with something new. When asked whether to remove the current system and replace it with single-payer through an expansion of Medicare to cover all citizens, 43% called it a “good idea” while 45% said it was a “bad idea.” By political party, 69% of Democrats and 42% of independents supported it while only 14% of Republicans did. For many voters, assuring family members of having care when they need it (including for pre-existing conditions) may be 2020’s 3^rd rail issue. Some have to borrow to pay for care and some do not get treated because of the cost. Trump vowed to kill our coverage for 20 million new insured and destroy the full comprehensive care guaranteed by ObamaCare. 55% of us worry a great deal about healthcare, topping a list of 15 issues. 49% worry a great deal about hunger and homelessness -- a new high. HALF of us worry about hunger & homeless. Hunger and Homeless are top concerns in America despite our growing wealth. For instance, today I got my annual physical free of charge. I need a colonoscopy and endoscopy which will also be free. If I had switched to one of Trump’s association plans, I might have a $3,000 charge since my procedures must be done in a hospital. I might just skip this hospital treatment and save the $3,000. The last time I got treatment I was sent a bill from a doctor who just wandered by my room. I had pre-qualified all the doctors for my tests in advance so I refused to pay this scammer.

Cover for pre-existing conditions: https://www.amazon.com/Health-Insurance-ONLY-right-policy/dp/1480125083/

Is your 401k plan too small to qualify for reduced fees?

Employee 401k plans that have few participants are paying 4 to 5 times what employees in large plans pay. The average costs are 28 vs 7 basis points respectively. That means that over time, you may end up with $500,000 vs $700,000. Unless you have a sizable match to your contribution, you need to find an alternative. You can earn more by paying less using a tax-deferred IRA. Your investment options may be more suited to your goals also. After all, the market index is up 15% so far after last year’s loss but you have earned 15% per year for 10 years. Think “Time is on your side.” So if earning more by paying less sounds like a good strategy, take Warren Buffett’s advice and put most of your investments in a simple low-cost stock market fund. If you use a low-cost Vanguard fund, you will earn close to the market rate of 11% not 3.79% in a managed account. An IRA is tax-deferred just like a 401k. The IRA trustee can debit your checking account similar to payroll deduction. Buffett’s advice is don’t sell and lose your compounding boost.

Consider your options: https://www.amazon.com/401k-IRA-Tax-FREE-Tax-Deferred-retirement/dp/1475057938

Will our health care cost be over a Quarter Million Dollars?

Fidelity estimates the cost of future health care at $285,000 for a couple living to age 87 and 89. The estimate have 3 parts: (39%) - Monthly expenses of Medicare Part B and D; (42%) – Medicare cost-sharing including co-payments, coinsurance and deductibles (e.g., for doctors’ office visits and outpatient services) and excluded benefits (e.g., vision and hearing exams, eye glasses, hearing aids, etc.); (19%) – Prescription drug out-of-pocket expenses (e.g., co-pays and amounts not covered by Medicare Part D that individuals pay out-of-pocket for prescription drugs). Actual expenses may be more or less depending on actual health status, area of residence, and longevity. The estimate assumes that no employer-sponsored retiree health coverage is available, and does not include other anticipated future health expenses. Things that are not covered by Medicare — dental, basic vision, over-the-counter medicines, long-term care — would be on top of that $285,000 estimate. Because we don’t have all that money available, we borrow the money—an estimated $88 Billion. 25% of us skipped treatment because of the cost. Nearly half fear bankruptcy in the event of a health emergency. Still 2/3rds of GOP think this is the best health system in the world. Most people don’t believe the cost can be controlled—the health care industry has more lobbyists stopping Congress from negotiating the costs. Our future income is committed to the industry. 

America pays more and gets less benefits: https://www.amazon.com/Americas-Socialism-Only-little-people-pay-taxes/dp/1535218584

  

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

Make America, “The Don”, Great Again

Senile Psychosis or Parkinson’s delusions? quetiapine and clozapine

Truth isn’t truth, his lawyer says

“The campaign -- for him -- was always a marketing opportunity.”

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

Will voters who need ObamaCare vote for it?

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

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

IRS delayed penalty on tax owed this year: Estimate your new rate: 22, 24, 32, 35%

Judge stops Trump opening of federal Artic Atlantic waters to drillers/destroy wilderness.

Mueller staff says Barr summary misleads: Cover up underway by Trump/DOJ More lies.

$36 Billion for electronic health records: Death by clicks, errors; & errors from fixes, etc

TrumpCare in 2020 budget is block grants: your state reps pick care options for poor.

TN cut 128,000 kids from wellness program—many end up at expensive ER.

SCAMS/SPINS:

Trump-Hannity solve energy problem: Wind “only blows sometimes” so use coal.

Lobbyists not EPA decide which cancer-causing chemicals you can use in child play area

Jury decides asbestos in talcum powder does not cause your mesothelioma. 

Trump removes 78 regs on our health: more mercury, pollutants cause more sickness.

Trump bank Deutsche Bank kept money-laundering flowing despite knowing facts.

Wind turbines cause cancer according to TrumpCoal propaganda machine.

Govt receives more robo complaints but does little to stop them: Robos pay carriers!

CA has law against unwanted spam emails sent without our permission—fine $1,000 per.

Vision plans not help us but push us to buy high markup frames: kickbacks to Dr.

Fake news online confusing aging population: society effects health, wealth, safety.

JPMorganChase failed to inform clients: conflicts of interest managing money. No jail.

Dennis Gibb WA caught defrauding 15 investors of more than $3 million. Fine no jail.

Scott Capps PA stole $2 million from dormant accounts with stolen firm passwords.

Omar Zaki stole $1.7 mil mislead clients with fake formula claimed 80% return. Fine.

Greg Lindberg Eli Global, GBIG caught bribing NC public officials to regulate GBIG

ABB caught ripping 401k employee funds: moving from Vanguard to Fidelity $55 M.

Jose Ramirez, ‘Whopper’ caught stealing $1 million: client loans to buy bonds. Jail 

Direct Lending Investments, CA caught overcharging $11 M on fake loan values. No jail.

GOP to start ‘Bengazi’-type hearings to distract from Trump Troubles: Redo 2016?

GOP is NOT ‘party of health care’: No plan to make a plan Trump to destroy ObamaCare

Trump again promised “Great healthcare” if he is re-elected in 2020: GOP says no way!

GOP Senate becomes rubber stamp for Trump judges: American law turns right.

US Stem Cell caught blinding patients with injections of stem cells from fat. Continues

Catholic priests are burning books again: since Inquisition 1585

More immigrants will come from 3 countries Trump cut aid to since conditions get worse

Mob Boss gives in to N. Korea: lifts sanctions for NOT scrapping missiles: “I like Un”

“Individual 1” could be a Russian “asset”: Why FBI opened a file on The Mob Boss.

Mueller ignores Mob Boss family Russia deals: OK to conspire with enemy.

1. “Russia, find Hill’s emails” 2. Don’s Mob made Russian deals 3. Russia intel tricked voters 4. Polling data payoff 5. Special Russia deals 6. Fire FBI 7. Refuse give testimony

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:

Few graduates know which investment provides the highest returns: https://www.amazon.com/Wealth-every-school-graduate-century/dp/1466427906

Why people don’t vote: Reps get to Wash and give

Who owns your account now?

Home buying: https://www.bankrate.com/mortgages/apps-homebuyer-homeseller-best/

Get Advisor: https://www.amazon.com/Wealth-Wisdom-Questions-Wealthy-Families/dp/1119331536

Buy Driverless? https://www.insurancejournal.com/news/national/2019/04/02/522530.htm

Miracle:

One student shows HOW to make a difference: And it rubs off on others.

Pope gives convicted archbishop of Lyon another abuse chance: not accept resignation!

Most drivers are distracted while driving—miracle not more accidents.

IAN

41 Watchung Plaza, B242

Montclair, NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alert

Your perfect tax shelter

Your perfect tax shelter

Real estate is the perfect tax shelter for your illicit gains. Buy the property via a corporation/trust using funds that need laundering and turn your dirty money into clean money. The asset is legit and you can borrow clean money on it. There is no bank or mortgage company record. With the current investigation of Russian money being used to funnel money to The Don, the Treasury should be interested. The Russian mob created an extraordinary ‘profit’ on the sale of a FL mansion for The Don.  Russians have used foreign banks to do the same laundering operation. Guess who ran the most popular laundering bank for Russians? Trump’s own Commerce Secretary Ross. If you have enough money you can create amazing ways to avoid taxes on your illicit gains and only those in the know, know. “Only the little people pay taxes.”

Use the only legal shelter for working people: https://www.amazon.com/Pay-No-Taxes-Retirement-legally/dp/1507527977

Why is it so hard to fashion a national health care plan?

The pharmaceutical industry alone had 1,400 lobbyists in Washington in 2014. The users of their products had none. There is no mechanism to keep costs down. When we get sick, we don’t go shopping from one doctor to the next for a free price quote. Have you ever called your local hospital and got a price on a broken bone or cut finger? Despite the view of Congress and the president, there is no competition to reduce costs like buying a big screen TV. Congress says that the “free” market will lower costs. They keep saying that an insurance company in Utah will reduce the costs in CA if only CA will let Utah’s insurers into CA. Why would anyone buy insurance from a company with doctors and hospitals in ME when they live in MA? And how many doctors will compete for my Medicaid business? None. In fact, I have to pay them $150 or more over the state reimbursement just to see me. Drug firms can charge anything they like for a new pill for this or that even though the drug was developed by a government agency or a grant (my taxes) to my local university. 

Health care is just not a TV commodity business. Most nations have learned that already. And KS has just tried to reverse course so it can cover 150,000 uninsured with Medicaid. ID, NE, SD, VA and GA are looking at expanding Medicaid to cover more uninsured.

Your Retirement Income Checklist

There are so many unknowns in our futures that we must plan a FLEXIBLE financial future. We can anticipate some expenses but generally, we must plan for a range of possible futures. If you stay invested in some stock mutual funds to overcome inflation, how can you avoid a prolonged flat market? If you count on fixed income like bonds or annuities, what happens if inflation roars back? We can moderate big swings in stocks and bonds by maintaining a balanced portfolio of low-cost funds. If we begin now, where we are, we may be able to add $250,000 to $500,000 before and during retirement. If we can delay taking Social Security and or our pension or IRA, we can add significant amounts to our future nest egg. Few retirees are happy playing around all day after working for 50 years. A gradual shift is more appropriate and rewarding. Today, retirees need to plan for 30 years AFTER working. You need to make two budgets—one for now and one for the survivor using current assumptions about income sources.

Remedy your situation now while you can: https://www.amazon.com/Your-Retirement-Income-Checklist-TrumpWorld/dp/1544703260

FREE tax preparation—Yes, part of Social Security can be taxed

Advertising to you is how they pay for free credit score and “free” tax prep

https://www.creditkarma.com/ needs your views 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 few 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/. Also, 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. And don’t worry about audits—IRS got rid of them.

Take your Tax Credits like The Don: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382

Is it treason?

The Don and his lieutenants may be guilty of assisting a foreign power in influencing our election. The FBI is probably looking at the way Manafort and others were leading the GOP campaign AND being agents of Putin or his oligarchs. Do we know for sure that foreigners did NOT hack the voting data of some states? Has the FBI geeks checked every computer in all 500 voting districts? We don’t need to have a smoking gun to prove that some Trump folks did NOT have America’s best interests at heart. For instance, why did the GOP allow Russians to strike the platform plank about sanctions for Putin’s invasion of Ukraine? Why didn’t The Don vet his lieutenants before allowing them to work on his behalf? How can Flynn be a paid foreign secret agent while he works as Trump National Security Advisor? He says he did not know they were working for Russia before or during the campaign. Isn’t that a LIE?  Once you are an agent, you are always an agent is common knowledge. Why is The Don always so positive about Putin and Russia? Why does he deny he has ties to Russia? Dick Cheney says Russia’s meddling in the U.S. election could be "considered an act of war.”  Why did Sessions lie about contact if it was innocent? How can you lie to Congress and not go to jail? Are Ivanka and Jared qualified to be playing the role of Sec of State? Putin would like us to abandon Europe and the former Eastern Block countries and get in a war with N Korea. Are voters scared that his naiveté, lack of judgment and gullibility to BS will start WWIII with the N. Koreans?

What are Nunes, Flynn, Sessions, Bannon, and crew hiding if not guilt of working with/for a foreign power to destabilize America?

Is Trump guilty of treason if he allowed his people to assist Russia in messing with our election process and important policy decisions?

RESULT: Putin wins this “cold” war of winning the hearts and minds of the world!

“Facts are stubborn things,” President John Adams, 1770. 

Take responsibility for your BS

Unlike The Don, the conspiracy theorist who started the lie about Hillary’s sex ring in Wash DC pizzeria has apologized. When you yell fire in a crowded theater, there will be consequences. The Pizzeria owner has gotten death threats after a crazed gunman shot up the place looking for Hillary’s sex slaves.

Unlike The Don, a conservative millennial firebrand, who told the truth, has lost her job.  Tomi Lahren has been "banned permanently" from Glenn Beck's The Blaze, according to a report in The New York Post. The reported banning comes after Lahren, 24, was criticized in some conservative circles following a March 17 appearance on ABC’s "The View" in which she revealed that she supports abortion rights. “I’m for limited government, so stay out of my guns, and you can stay out of my body as well,” Lahren said at the time.

The Don said he doesn’t tell lies, he just repeats what he hears on Fox or other “entertainment” outlets.  He takes no responsibility for what he yells in the theater. Trump declined the opportunity to retract the claim, telling the media that "we said nothing" when he tweeted, "How low has President Obama gone to tapp [sp] my phones during the very sacred election process," and that he was merely quoting a "very talented legal mind" he had seen on Fox News.

 Donald J. Trump ✔@realDonaldTrump

How low has President Obama gone to tapp my phones during the very sacred election process. This is Nixon/Watergate. Bad (or sick) guy!

7:02 AM - 4 Mar 2017   53,55753,557 Retweets

 "You should be talking to Fox," Trump said. Fox apologized for the lie made by the “very talented? legal mind" that appeared on the entertainment show. Judge faked it. Napolitano’s source was former CIA guy and never said Obama asked the Brits.

The Don just repeats BS from entertainers because he is an entertainer himself.

GOAL: Build the brand so every person on earth knows what “Trump” stands for and keep repeating the name every day in every way.

Are you considering a Fiat Chrysler vehicle?

Take a look at the reliability ratings on your choice. You may be in for a big surprise. Fiat (worst), Jeep (second-worst), and Chrysler (fifth-worst) dominated the list of underachievers. Meanwhile, Dodge ranked sixth among the bottom of the auto industry barrel. Consumer Reports 2016 reliability ratings suggest these results were no fluke. While you are buying a new ride, cut your insurance premiums with 16 discounts: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

The Don will learn that Tax Reform is like health care—complicated

Why are there 5 to 17 lobbyists for each of our Reps in Washington? Lobbyists are paid over $5.7 million per Rep to make laws that favor their employers including tax subsidies and special exemptions. It has taken 30-40 years for lobbyists to bend the rules to favor their employers. Why should they give that up now? Only one reason—put more of the tax burden on some other guy, usually us, the ordinary tax payer. We have NO lobbyists in Washington buying them dinner, trips, re-elections. Dow company gets over 400 subsidies. GM and Buffett’s companies get over 300. FedEx, GE over 200. The top 500 firms account for more than 16,000 subsidy awards worth $63 billion. Many of these same profitable companies also pay NO taxes. You and I pay for them—we pay for their roads AND their subsidies. Like Trump in 1995, paying no taxes is what the rich want. Why would they change that now? Nearly two-thirds of U.S. companies and 68% of foreign corporations do not pay federal income taxes, according to a congressional report. The Don has promised to give corporations and the wealthy an even sweeter deal. The wealthy would receive a cut of 19% while we get only 4.9%.  Corporations pay about 12% on average so the Trump rate of 15% may only appeal to some. Many leave their profits overseas to avoid paying their fair share. Many use expensive accountants and dummy corporations and tax shelters to avoid taxes like The Don. However,

We can use our tax credits to avoid taxes now: https://www.amazon.com/Tax-Credit-Class-your-credits-pay-ZERO/dp/1539462382

“Huge” tax cut for corporations and the wealthy will cost us

There is no free lunch so when The Don promises The Wall and a tax cut; we can expect that the US taxpayer will be on the hook for them. Trump has already promised that we not Mexico will pay for The Wall. The tax cut for corporations will be paid by us as a new tariff (‘border adjustment tax’ fools nobody) of over $1 trillion. Walmart, Dollar Gen and oil refiners are already reminding us they will just pass the tax on to us as price hikes. Mad Max maker Mnuchin fears a global tariff war while Exec VP Bannon claims Boeing and GE will smile. Meanwhile our real wages will continue to slide from the high in 1973. If we get a tax cut of 4.9% as promised, it will be taken by Walmart et al. And what about The Don’s promise of the return of the $25 an hour jobs. When you look at the facts—real facts—that robot sales have tripled in some industries, first in cars and now in every unskilled worker job, you might want to show The Don the new factory. Some robots cost only $25,000 and so more jobs require running a computer than a lathe. He should learn that today’s firm must constantly retrain workers just to stay competitive. Instead of building The Wall and giving tax cuts, he should be giving corporations a tax CREDIT for worker training. The border tax will not be enough to pay for his tax cuts.

Avoid the future tax increases: https://www.amazon.com/Americas-Socialism-Rich-little-people/dp/1535218584

GOP states continue to keep Dems from voting

AR reinstated a voter ID law that was found as unconstitutional by the state Supreme Court 2014. The only voter charged with voter fraud this year is the GOP chairman in CO, Steve Curtis. Dems do not need to cheat at the voting booth because they can elect winners every time unless the GOP and their Russian friends cheat. Trump has claimed that millions cheated on the last election that HE WON. He forgot his civics lessons: It is legitimate to be registered in multiple states. Most of his family and colleagues do just that and yet they are not charged with voter fraud. Perhaps if the Dems checked in PA and MI they would find enough GOP voting twice for Trump that the actual president is Hillary. Other GOP states have continued to make up stories of fraud in order to keep Dems from voting at the places and times they have voted in the past. Voter suppression is bigger than fraud. Now the GOP uses the tactic of changing Dems normal voting places.

Can America grow without destroying the earth?

The Don is signing an executive order to promote domestic oil, coal and natural gas by reversing much of Obama’s leadership in world warming. Dismantling Obama’s plan is misguided at best. Even Exxon knows we are headed in the wrong direction. "He’s trying to undo more than a decade of progress in fighting climate change and protecting public health,” David Doniger, director of the climate and clean air program at the Natural Resources Defense Council. Short-sighted action has consequences. America has made progress in slowing emissions and abundant gas will nix oil and coal expansion. Leadership is not turning the clock back to 1050’s style growth.

Leadership means making the world better for future generations.

An adult who knows better would do what is best for America’s future. For instance, would an adult cut medical research, infrastructure and community development grants to help pay for an expensive luxury? Mexico will NOT pay for The Wall and no adult would promise something they did not know they could do for sure. An extra tax on things we buy from Mexico may not pass Congress. The Don wants to cut research into medical cures and funding for new roads and bridges here at home. These are tangible benefits. The Wall is easily tunneled under. Buying more carriers and bombs is a luxury to most Americans. Obama killed Bin Laden with Seal Team specialists not carriers.  

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

We have entered 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. Lies are considered true. Truth is what the loudest voice says it is over and over.  

Rod Serling

  

The Trump (Bannon) Presidential Style

Remember, Don Trump is still a contractor from Queens NY, just richer than most. As a promoter, his income is from lending his wealth “brand” to other’s buildings and golf. Secret Service needs extra $60 million in taxes to watch him in FL and cover sons to travel to promote Trump properties worldwide. Don going for another DC hotel to profit from foreign visitors for himself. SS protection of his property paid by us. 

Bannon called himself a “Leninist” who wanted to “bring everything crashing down.” State Dept being decimated. Putin thrilled with cuts in aid to 3^rd world, NATO, etc!

Putin got GOP party plank to drop sanctions on Ukraine invasion. Here is TrumpWorld

GOP cuts programs of folks who have no power to oppose cuts. Cowardly

The Don (Putin) does not like diplomacy, aid to poor, US environment or culture, finding cures for disease, transportation and education programs.

19 Agencies you may use being cut from American society: The Don does not like Meals on Wheels, Sesame St. NPR radio, Arts, Miners retraining, 62 in all for $343 billion

What GOP does NOT cut:

No cuts to subsidies to Boeing, GE, Intel, Nike, Shell, Fiat, GM, Ford, hundreds more.

            And these 27 got govt help and paid no taxes and 10 welfare plans for the rich

No cuts to govt cost overruns of $ trillions each year. And Congressperson subsidies.

Wealthy 1% will receive a $165 billion tax break, Seniors go back to food stamps.

Where does The Don get his information?

Trump urged followers to “Watch@JudgeJeanine on @FoxNews tonight”

Another Judge told him the British CIA spied on him for Obama but Napolitano made it up from former CIA source who NEVER said Obama ordered it.

*

Lies or “Alternative facts” of The Don: Promises (lies) and Actual outcomes:

Trump’s secret plan to kill ISIS kills 200 Mosul women and children. Secretly sending more military.

GOP just turned smoke into fire—canceling Russia influence probe sinks all Prez men. Trump men gave secrets to House Intel probe which Nunes gives back to Trump. ??

Former FBI Clint Watts tells Senate Intel Russia's efforts to influence the election. Clear

Flynn wants to spill his guts—FBI should put him in safe house away from Putin

GOP ready to shut government down again—tax cuts cost $5 Trillion in debt to China.       

“Everyone is covered” in GOP plan except the 24 million who cannot afford it. TrumpCare failed because of the Democrats the Art of Deal maker claims. TrumpCare was a tax cut for the rich, wrapped up in pretty lies about the poor and needy.

“Obama had my 'wires tapped' in Trump Tower just before the victory." NO Proof

Trump accuses Britain of spying on him for Obama. Pissing off our friends. No apology to Brits for his mistake or to Obama for accusing him of a felony. Like birth cert. LIES

“I have no information” that supports the claim Obama tapped Trump: FBI and NSA

Putin’s FSB does surveillance of Trump campaign; makes it look like Obama for chaos

“ObamaCare has been total disaster” scare tactic works for some supporters in KY

The Don threatens House Reps over health—“you will lose in 2018” Kicks in $85 Bil.

The Promoter in Chief lost. Future promotions look dim.

We all thank the president for NOT destroying our health care system this year. We get to keep our 10 essentials that keep people alive—screenings, pediatric, mental health, etc

The Don is not good at deals that are complicated—“health care is complicated”

Kaiser Foundation calculated that average deductibles would be $1,550 higher than under Obamacare

GOP gave business our privacy rights so our browser info can be sold w/o permission

Jared in deep with Putin’s bank which supports Putin’s spy activity. Jared mastermind?

Sessions warns NYC it will lose security funds used to guard Mel and Bar in NYC.

Can we save ourselves from WWIII?    US threatens N Korea with pre-emptive strike

Putin influence: Putin marks all over Trump’s crew—“more than circumstantial case.”

The Don was naïve about Russian influence among lieutenants. Spicer claims Trump never asked Manafort, Flynn, others about pay from foreigners. He never vetted them about who paid them during campaign—Manafort, Page, Flynn, Stone, Tillerson, Ross, etc Connections chart. Manafort was campaign manager paid $10 mil yr by USSR.

Putin influence: Russian mafia use Manafort to lauder money: invested thru Trump

Putin influence: Every one of Trump lieutenants has connections to Russia. See chart: https://swalwell.house.gov/issues/russia-trump-his-administration-s-ties

Putin influence: Russian foreign minister Ryabkov met with Trump campaign. “But we will of course continue this work AFTER the elections.”

Putin influence: State Dept senior people and budget cut—Tillerson out of Trump loop.

Ivanka meets with Germany instead of Sec State. USSR medal for Tillerson and Flynn.  

Tillerson tells allies the Trump “Secret Plan” to defeat ISIS—same as Obama’s plan.

Putin influence: Another Putin critic killed in Kiev but Trump says just like US.

Putin influence: Russia riots--Putin’s close associates have amassed vast illicit wealth.

Like Trump, Putin has “alternative” facts that do NOT show riots on state TV.

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

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!

Steve Stockman (R-Texas) is accused of stealing nearly $800,000 from 2 charities.

Congress cut regs on keeping my browser/app cites secret so telecoms can sell my data

Nissan recalls 56,000 leaks that can cause fires

4,000 items on Amazon show list price higher than real price to make “discount.”

Daniel Glick, Chicago financial advisor caught using seniors’ money as his own.

Christie throws 2 employees under the bus in his revenge politics. Now drug czar.

Anti-Planned Parenthood activists now felons get jail.

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.

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.

Police to buy military weapons to use against civilians again.

FL makes it easier to kill others if you feel threatened—“prove I didn’t feel threatened”

OK 23 year old kills 3 teens with AR 15 in home robbery—no charges—stand ground.

SCAMS:

Keystone pipeline China steel moves billions from Canada to China—few US benefits

Ignoramus Award:

United Air cancelled tickets of two teens bec wearing leggings – fashion police or Ivana ?

“We want people to be comfortable as long as it’s neat and in good taste for that environment.”

GA tells couple they can’t name their child what they intend. Must be a parent’s name.

How our government wastes our money:

$7 million for TV ads for an anti-choice Supreme Court judge? We don’t elect them.

The Wall money comes from cancelled medical research to cure diseases.

Each week the golf outings costs us $250,000 even at his own club, SS and coast guard.

Afghanistan fired 1,000 army personnel and generals for corruption—US provides $

Where have all the jobs gone?

Robot sales have tripled and someone must control and repair them. Pizza delivery in EU.

BlackRock largest asset manager, cut 30 jobs and fees. Vanguard takes clients.

NASA employees lose special door lock in space. Retraining or resign? No extras?

Which job board sites are best for your job search?

Ransomware recovery: http://securityaffairs.co/wordpress/53438/malware/ransomware-recover-guide.html

Cancel Robo calls with Mr NoMoRobo: https://www.nomorobo.com/

Miracle:

It would be a miracle if Americans could win back the government from politicians.

IAN

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