Where did your advisor leave you?

 

Great savings ideas to beat inflation

The Feds tell us that reducing inflation is harder than running it up so let’s get ready for the long haul. My grocer has not shown signs of reducing their markups in everything. My house-brand can of French cut beans went from 68 cents to 99 cents in one week this spring. As with drugs and other commodities, the middle persons are probably making the extra 31 cents. I don’t think the farmers or pickers got much of the increase. We save by using the house brand for all things. You could move to a cheaper town if you find a job. For car and home insurance, we save by raising our deductible since most risks have a low probability. Some of us save by going directly to the manufacturer to buy our coverage and our needs. Since this is not always the case, you must shop and buy only what you need. The largest potential savings comes from ending credit card debt fast: my card charges 29.99% (mob rates) if I don’t pay the monthly balance on time. One of the largest savings has come to folks who gave up on their broker/advisor and go directly to Vanguard. Vanguard is unique since the firm itself is owned by its own users. It is responsible for the largest savings for many of my readers—saving 1-2% of a portfolio over time is hard to beat. Avoid $10,000 or more EVERY year for an advisor. Some readers pay a one-time fee for planning advice. In order to save a lot, you will need to go through your expenses item by item.

Save for now and later: https://www.amazon.com/Save-3000-every-year-Buy-Only/dp/1500681571

 

Where did your advisor leave you?

Buffett bought more energy stocks as the market fell this year. If you are a long term investor you can weather the storm. Buffett has been through this all before. What is his answer: buy when stocks are on sale. This makes sense but this is one of the hardest things to do when stock prices fall. World's greatest investor's retirement advice: Avoid “high-fee managers.” Retirement income for life from 2 Vanguard funds he recommends. Warren Buffett's will provides for his family by directing that his cash assets be invested in just two Vanguard funds: One will provide cash for the coming year and the other will provide a sound future. The best way to protect your family's future is to be invested in the stock market. Pure and simple. When you have stock assets, your money compounds at higher rates when your account fees are 0.01-0.05%, not the retail rates of 1.5-3%. You don't have to settle for retail products that are structured to provide the middle person, Wall Street with higher revenues. The average investor earns just 3.79%, not the 10-12% market rates. (QAIB) Don’t be an average advisor funding machine.

Trust Buffett: https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592

 

Alternatives to high college costs

A trade could pay better and cost less to succeed. An electrician can make $131-215K and work at a brewery. The electrician that came to our home charged $200 just to visit. The Sears-affiliated service tech took us for $750 to fix our washer. My relative is a traveling nurse and gets to see the world free while earning up to $4,900 a week. If you have no intension of running up student loans, fortunately some corporations actually pay for your training too. If a trade is not right for you, what about dealing with people? Many jobs pay very well if you must deal with ornery customers. My first job was electrician helper during the summer and I made more than my father. More companies are giving jobs to robots so time is running out.

Be creative: https://www.amazon.com/Money-Ball-Investing-Winning-unfair/dp/1548831409

 

Top investments for taxable accounts

We can’t control how the markets behave or the rate of inflation, but we can manage taxes. Your advisor may not consider the taxes you will have to pay when they suggest a strategy or a security. But taxes can substantially reduce your income especially over time. If your current income is under $100,000, you are better off paying tax now and investing in a tax-FREE account. Long-term, your savings can be huge. Investing $250 a month during your working years can provide $1,000,000+ and it can all be tax-FREE. This account can also save you paying income taxes on dividends and interest annually as you would on mutual funds and securities that throw off dividends and interest every year. Further, you do not need to pay taxes on securities with huge capital gains until you want to use the money. Stocks like Buffett’s Berkshire Hathaway pay no dividends so there are no taxes to pay until you sell. 

Simple is best: https://www.amazon.com/Keep-Simple-Essential-Financial-Life/dp/1492258849/

 

How to get back on track for retirement income

So after 3 years of destruction in savings: Covid, layoffs, inflation, moving, quitting, starting a new job— whatever, how you get back to your goal of having enough income for retirement. Assess: what do you need to do; reset your goals. You can still catch up but you need to stick with a serious commitment. Love the stock market: stocks can provide over 10% return per year. No other security can do that. In most market downturns, the total return over 10-15 years provides enough time to recover your loses. So dips in 2020 were overcome in 2022 and dips in 2009 were past over in 2012. Putting your nest egg in the CD deep freeze will kill the growth of an incubator. You may have to work another year before ‘retiring.’ Most people keep working even part time in order to satisfy financial and social needs. You need to understand what “retirement” time has become. Many folks are living longer and thus the old way of living on municipal bonds and CD interest is not appropriate. Many retirees used to fear financial risk and maintained a hording attitude near retirement. However, since you or your partner may live to age 100, you need to make a new plan. Risk is controlled; not feared. With income and expenses planned out, 75 is the new 65.

Double your investing to catch up. https://www.amazon.com/Reset-Your-Retirement-Income-retirement/dp/1512304344

 

 

 

?**********ACCOUNTABILITY**************?

 

 

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

 

 

The Path to Dictatorship: 2010-2030

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

 

Nov 2020 Wealthy discredit election process

 

Nov 21 2020 Trump’s Plans for a Coup: criminal

 

Nov 21 2020: Trump plan: US Marshals seize voting machines

 

Jan 6 2021 Direct assault failed: guns & bombs ready

 

Trump engaged in a "criminal conspiracy" to stop Biden

 

“I don’t f—ing care that they have weapons”

 

Trump was “detached from reality”

 

Trump used mafia-style intimidation on the defenseless

 

Parscale: “a sitting president asking for civil war.”

 

Trump: “Just say the election was corrupt and leave the rest to me” 

 

GOP fascism: “RINO hunt armed; no bagging limit” J6 comm threat

 

Trump’s Supremes END personal rights & state laws except for weapons WMDs

 

Fascism: GOP to stop women leaving state for abortion

 

It’s not a court. It’s a junta: Two Americas

 

 

Nov 8 2022 Trump’s “national revolution”

 

Jan 2025 Trump pardons himself

 

How Govt wastes our money:

Congresswoman Marjorie Taylor Greene had $183,504 in PPP loans forgiven.

GOP con man Trump had 6 bankruptcy loans/carpenter bills forgiven made $ millions

We paid for moon shot once. Let’s save Earth not Mars safe for wealthy. Wasted taxes.

 

Trump stole secret documents from US, lied about returning them, hid them! Criminal

Trump Claims FBI Raided Mar-a-Lago Looking for Clinton Emails: “detached from reality”

Regulators: online dashboard Sept. 2: Air passengers can find “easy-to-read” delay plans

 

SCAMS/SPINS:

Trump’s secret docs: “evidence of obstruction” Informants could be IDed and killed

Lindsey’s forecast: Trump terrorists will make bigger Jan 6 destruction if Leader charged

Trump will pardon J6 terrorists: fmr NYC police caught beating police viciously—10 yrs

 

Can threats against America stop prosecutions? Is there a way to avoid accountability?

Newt ads falsely claimed election "stolen" from Trump to "arouse anger" Jan6: jail?

 

Trump terrorist gets 46 mo failed coup: instigators get zero jail time: delay delay delay

Trump judge: school district’s ‘Christian’ club can exclude certain children

 

Michael Shillin WI caught conning clients buy IPO stocks LTC policies: jail

SCAM: regulators allow mutual funds change benchmarks to look good   

Morgan Chase funds Putin’s war via fossil-fuel projects (climate-heating carbon dioxide)

 

Retail investors 'irrationally oblivious' to crypto risks: need regs: you could lose shirt

SCAM: celeb Suze Orman new portfolio advice based on her recent surgery experience

SCAM: Debit card fraud leaves Ally Bank customers, vendors stricken

 

More Fakes: Dr Oz and banned book list: things are bad enough, fakes not needed

RECALL: Ford recalls 198,000 U.S. SUVs due to risk of fire: battery box

 

Wells Fargo caught violating whistleblower protection improperly terminating: fine 22M 

BEWARE: “Pay 0% Interest Until 2024”: 5% transfer fee: $500 ‘interest’ fee on $10K

Mortgage insurance scam: expensive cover not required by most lenders: buy term

 

FAKE: no-interest financing to online gun buyers for weapons and ammunition

FAKE medical bill: respond to collectors chasing you TIPS on how to answer collectors

 

In (Christian-right) God We Trust: where Supremes are sending us

Marble Freedom Trust: the real money behind the Supremes flip to Christian Nationalism

Four Methodist Ministers say Texas abortion law impedes on their religious freedom

OK teacher banned after letting his students have access to banned books: neo Nazism

 

20-year-old shooter with war weapon killed two people teens don’t always know why act

 

Jobs

Jobs With the Largest Growth

Good money doing websites, email, small apps, etc for small business

90% of Americans have side hustles: inflation and some extra cash

 

Part-time for extra cash or interest: pay can vary

 

Who owns your account now?

Regulator proposes airlines give money back if delay 3 hours: 100K cancelled

Handling an car accident: info at the scene; tips to get paid properly

Best Home Insurers: Amica Mutual, Auto Club SoCal, Erie, State Farm

 

Miracles:

World’s Rivers, Canals and Reservoirs Are Turning to Dust

One-foot rise in global sea levels in just 30 years: Greenland ice sheet collapses

When Spain ran out of water it used tomato paste

Japanese care home recruits babies to cheer up elderly residents: paid diapers formula

Ukraine kids go back to school: keep the Czar far far away

 

‘Synthetic’ mouse Embryo with Brain and Beating Heart Grown From Stem Cells

Combo ‘polypill’ cuts heart disease death: Combining 3 heart drugs reduces risk 33%

 

 

Trees Are the Secret Weapon of America's Historic Climate Bill: grow 60 billion trees

Is global warming still a hoax created by the Dems? How could so many believe the GOP

 

 

 

 

@

Light is both a particle and a wave depending on how we look at the light.

I don’t think that there is any such thing as a position or a velocity of a particle.

Everything in universe: galaxies to stones made of subatomic energy ‘vibrations’

A subatomic ‘particle’ is the smallest possible vibration (quantum) of a quantum field.

Mass–energy equivalence: E=mc^2.  At the smallest level; Everything is moving!

There is no TIME at this level because of force fields come and go in all directions. 

Inside protons, neutrons, it is the fields of the virtual particles that creates its mass.

“Empty space is a boiling, bubbling brew of virtual particles that pop in and out of existence in a time scale so short that you can’t even measure them.” Space expanding.

The electricity we use comes from the field around the wire not from election itself.

 

 

We can apply for Medicare online: https://blog.ssa.gov/apply-for-medicare-online

We can apply for Social Security online: https://www.ssa.gov/benefits/retirement/

We can apply for health care online: https://www.healthcare.gov/

 

IAN

973.746.2014

www.InsuranceAdvisorsNetwork.com

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

 

 

Why your advisor is outsourcing your investment needs

 

Another way the wealthy fail to pay their fair share

Conservation easement tax deduction is intended to keep pristine environmental beauty alive for all of us. Instead lobbyists are paid to stop Congress from killing this loophole. Congress people are paid to allow this concept for huge gains to continue. The wealth avoided $9.2 billion in taxes in 2018. Some pay nothing; others pay 3.4%. The IRS admitted it has not been able to stop the misuse of the loophole. In some cases a group of rich investors buys a useless property and gets an appraiser to up the potential value so that “easement deductions exceed 2.5 times” the amount paid. Closing this loophole would generate $12 billion in additional tax revenue through 2027 according to the OMB. A simple example of this taxpayer rip off is the one created by Trump. After he bought his mansion in Westchester, he claimed a huge tax deduction for the trees in his front yard. Trump received a tax break of $21.1 million, according to court documents. New York is now investigating this scheme. Trump claims the value of his forest will be a lot more when the next owner builds and sells 24 mansions in its place. There is no evidence of this future use for the forest. We pay the taxes that the wealthy fail to pay.

Use your tax-FREE account: https://www.amazon.com/Americas-Socialism-Rich-little-people/dp/1535218584

 

 

Help your child, grandchild get started on a $1 million fund

They will need a million dollars since inflation can reduce the buying power by 50% in just 20 years. Since common stocks have the best history of keeping ahead of inflation, a broad portfolio has the best chance of delivering steady returns. Since 1871 a basket of stocks (dividends reinvested) has provided 11% returns. Ordinary inflation is 3% not 8.6%, so right now stocks are cheap. If you show your family that an 11% long-term return can turn $250 a month into $1,000,000 in about 34 years, they will not be try to beat the market with fast trades through a $0 commission broker. Show them the math: $250 per month for 34 years costs $102,000 in contributions. They earn $898,000 in dividends and capital gains. If they use their special IRS tax-FREE account, they avoid about $225,000 in taxes when they take their money out to live on. Remind them that Warren Buffett bet a million dollars on a low-cost market index fund to beat 5 super stock pickers. Buffett recommends you use the Vanguard 500 Index Fund. Why? You can give up 63% of your returns when you use a broker. And if they trade to beat the market they may end up with the historical broker account average of 3.79% not 11% a year. That’s $208,865 instead of $1,021,768 after 34 years.

https://www.amazon.com/Give-your-child-leg-up-manage/dp/1096505355

 

Why your advisor is outsourcing your investment needs

Advisors Are Outsourcing Investment Management: more time to find more fees/charges. Such is the story from your RIA sales person. Your advisor is in the sales business—attracting new assets. In our recent research, we found that more than two-thirds of advisors surveyed believe outsourcing gave them more time to spend on client relationships, client service, and business development. So your money will end up in 4,000 investment models from nearly 500 institutional asset managers. This means your advisor will charge you to pay someone else to stick your money in a set portfolio. They will ask you to fill in a long form and come up with a risk/reward ratio. That’s it. You will pay your advisor and the money manager both for life. This is why some analysts have determined that your fees can take up to 63% of your potential final net worth. This is why the average managed portfolio earns just 3.79% not the index fund rate of 11% over time. No advisor or money manager can beat a simple stock market index account. Those that do, have a lucky run for a short time.

Stop wasting your money: https://www.amazon.com/Pimps-Wall-Street-money-middlemen/dp/151525254X

 

 

Can you really secure your retirement income?

Some sales people claim you can do this by buying and holding gold and silver. But precious metals only hold value during high inflation times during some periods. Over time they earn much less than stocks. There are insurance sales folks who claim 70% of American seniors will need long-term care. This statistic is misleading since promoters are counting all the times seniors need short-term care at home and in facilities covered by Medicare. Some bankers want to give you money for your home now and let you stay in your home till you die. Of course you still need to maintain it and pay the property taxes on it. Reverse mortgage costs more than some traditional mortgages. When the reverse mortgage amount runs out, you have no home equity to tap into. Another sales proposition says you can increase your net worth 6 times by having someone else manage your money. Yet the firm that tracks money managers says your account grows at only 3.79% a year compared with leaving your money in a simple stock index fund earning 11%. Unfortunately, those who manage your money take their pay from your funds even when they lose your money. They may make the wrong trades at the wrong time, called churning. There are no refunds for bad advisor advice.

Use Buffett’s strategy: https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592

 

Fight inflation by saving on your financials

Save on your insurance, securities, mutual funds, banking, credit cards and recurring expenses. Most of us forget to review our recurring expenses to make sure we have the best deal or continuing need for products/services we bought before. I have shopped for car, home and umbrella liability insurance every two years or so. Why? Every time I shop I save. Carriers change marketing plans or I don’t need the same coverage. I am older and so are our vehicles. I have not made claims because I raised my deductibles and so I pay less. I don’t trade securities but when I buy individual issues or mutual funds, I use a no cost or low-cost firm. I moved my business bank when they raised the minimum needed for no monthly fees. I got rid of all my high-rate credit cards. I earned $600 by using new ones with a bonus. I dropped the more expensive cable package when Verizon raised the cost. I wasn’t using Netflix anymore so I cancelled. Same with data wireless plan I was not using completely. Now I pay as I go. I got my town tax assessor to lower our property taxes. I make sure I use all of my tax credits—small businesses, IRA deductions, charity, medical and educational. I am saving about $3,000 a year which I add to my IRA deduction. I still clip coupons on groceries or buy direct from honest sellers. I buy used books and electronic media. My money-back guarantee credit card saves me from fraud.

https://www.amazon.com/Financial-Bargain-Book-Save-3000/dp/1517264936

 

Retirees’ incomes get killed with inflation

Retiree households had an estimated median income of just $29,000 before taxes in 2019, according to Transamerica. Even worse, just over 1 in 4 retiree households — 27% — reported an income of less than $25,000. Retirees are sacrificing food and clothes to afford healthcare. Out-of-pocket health costs for elders in the U.S. rose 41% from 2009 to 2019. Some pawn heirlooms to survive. Waitlists of renters needing affordable housing continue to grow. Usually only Social Security benefits increase with inflation. If you will depend on bank savings, a fixed pension or annuity, the new inflation squeeze will hurt. You can estimate what your situation will be with a Monte Carlo calculator like Vanguard’s https://retirementplans.vanguard.com/VGApp/pe/pubeducation/ calculators/RetirementNestEggCalc.jsf. You can estimate your total savings accumulation using Vanguard’s Save for Retirement calculator: https://vanguard. newkirkone.com/plansavings/?cbdForceDomain=true#. If you are in a savings plan at work or are on your own with an IRA, use the Roth IRA option so you grow a nest egg that provides a tax-FREE retirement income. Despite the present stock market downturn, stocks are one of the few investment options that can out run inflation long term. Using this retirement account will boost your income by 12-22%. "Cash is not a safe investment because it will be taxed by inflation." Ray Dalio, hedge fund manager.

Tax-FREE income: https://www.amazon.com/New-American-Retirement-System-ReserveTM/dp/1461030072

 

Strategies to overcome a bear market

If you believe the stock market is headed for a period of reduced returns, consider these strategies recommended by past successful gurus. Consider your investment behavior if your portfolio drops another 20%. Adjust your allocation accordingly.  Asset allocation can lean away from growth stocks to dividend stocks. Stay diversified: energy, high dividend, real estate and utilities usually offer temporary protection from the Fall. Always use “dollar cost averaging” to invest or move from one fund to another. With a fixed amount, you buy more shares when prices are lower and less when high. Keep track of fees. When earnings are low or negative, the industry does NOT stop taking their fees: double whammy. Over a lifetime of investing, “you may give up 63% of what you would have had.” Use only low-fee financial help.  Bears eventually end and usually recoup losses in a year. Most investors miss the time to jump back in: timing does not work for most. 10 best days of the stock market account for 80% of the rise. I have not looked at my statement for 6 months. I’m buying the biggest losers of the year right now.

https://www.amazon.com/Snoring-Best-Way-Create-Wealth/dp/1466408928

 

 

?**********ACCOUNTABILITY**************?

 

 

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

 

 

The Path to Dictatorship: 2010-2030

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

 

Nov 2020 Wealthy discredit election process

 

Nov 21 2020 Trump’s Plans for a Coup: criminal

 

Nov 21 2020: Trump plan: US Marshals seize voting machines

 

Jan 6 2021 Direct assault failed: guns & bombs ready

 

Trump engaged in a "criminal conspiracy" to stop Dems

 

Trump had become “detached from reality”

 

GOP fascism: “RINO hunt armed; no bagging limit”

 

Trump used mafia intimidation on defenseless

 

Trump: “Just say the election was corrupt and leave the rest to me” 

 

Trump’s Supremes end personal rights: state laws except for weapons WMDs

 

 

Nov 8 2022 Trump’s “national revolution”

 

 

 

How Govt wastes our money:

Trump’s terrorists could have killed Pence: Pence called military help from escape route

Airlines got $Billions free to keep crews employed: CEOs not crews got the money

Politics trumps justice: Jan 6 committee not sending witness statements to DOJustice

 

US Justice focus: Ukraine not Trump’s attempted coup: Garland prosecutes Russians

 

“There just isn’t a lot of legislative time left.” July: Congress vac Aug then election

Supremes cancel church state separation: state tuition to religious schools constitutional!

Supremes cancel right to sue police for ignoring Miranda warnings: induced confessions

 

Supremes cancel police concern: too many guns on the street are a threat to public safety

None of Founders carried gun around city: Burr Hamilton had to leave city to shoot guns.

 

Despite $ billions in subsidies we pay them, oil refineries closing: EU uses small cars

Refunds: 21 million paper tax returns are still waiting: rich don’t overpay, no waiting

Half of Retirees Now Owe Taxes on Social Security: use a tax-FREE retirement account

 

Gun violence bill: nothing on guns: states get money to spend on ….

Uvalde lesson: teachers must shoot the terrorist to protect kids: coward’s suicide event

Most attacks over before police arrive: HALF leave scene before: 1/3 shot by cops

New body armor rules in NY miss vest worn by Buffalo killer: terrorists armor still OK

 

How will police know shooter if everyone has a gun? Of 433 attacks, only 12 good guys got him

 

SCAMS/SPINS:

Teachers leaving to avoid teaching culture war ideology: race, sex, politic are facts of life

Apple staff going to union shop: Jobs used to give stock and lunch

Uvalde police did have rifles and shields early: some cops got their kids out 

 

Supremes prove political focus: pro-Trump anti-women   Prejudiced court not American

Supremes decide to arm the rest of the US: 25 states already don’t require permit to carry

 

TX kept many slaves in irons after Juneteenth despite Civil War. Now redlining evictions

TX rejects Biden, Trump wins 2020: TX will vote to secede: rejects Fed subsidies

GOP co-conspirators in coup:  Gohmert, Gaetz, Perry, Biggs, Brooks asked for pardons!

 

TX massacre was plan of God: “God always has a plan,” the TX top lawyer replied.

MO GOP: “Join the shotgun crew. Get a RINO hunting permit. There’s no bagging limit”

 

New scams: genetic tests, Apple phone, IRS call, family plea, Amazon security, shut off

Philly eviction help: mediation process requires landlord to respond

Geoffrey Palmer, CA caught failure to return rent security deposit 19,000: fine no jail

Recall: Toyota, Subaru recall EVs: wheels fall off

 

HelloFresh caught “17 free meals” scam to debit account forever

“Buy now, pay later” scams caught overcharging for long term debt

Soaring medical debt: middle class squeeze: lose job; lose coverage: hospitals sue

 

Google caught paying men more than 15,500 women: 30% of fine goes to attorneys

Crypto dealers close out withdrawals: you could lose your assets

Congress lets these companies follow your transactions/decisions/lifestyle: files on you

 

Putin is kidnapping, exiling Ukrainians to Russia after bombing them out of house/home.

 

GOP vision: no oil/gas subsidies, guns over children, no abnormals, original Constitution

2024 GOP Fake electors vs accurate popular vote: American vs Russian-style vote count

 

Jobs

Many are using this market disruption to find a new job, new start, new life

Waitlists of renters needing affordable housing continue to grow.

Newark launches search engine to help renters find housing they can afford

 

Lifeguards needed everywhere: pandemic, certification stopped, pay lags many other jobs

 

Who owns your account now?

FREE money: bonus cards up to $750 on travel, $2-300 cash

"Cash is not a safe investment because it will be taxed by inflation." Ray Dalio

Wealthy pass on wealth without taxation: all the legal accounts they need to avoid tax

 

Waiting for 8% on bank CDs: inflation times like the 80s were great for saving for home

 

Miracles:

DNA of Black Death victim 1338 shows location: Kyrgyzstan: kills 200 million 

June 17, 1972, an inept burglary (tape on lock) GOP destroyed American innocence

Our next delivery trucks/bikes: 15 mph with 440 lbs

 

Many coastal cities are sinking even faster than sea levels are rising: Miami garages

Excessive heat on the train tracks caused a BART train to derail 

Garage-sized reactor could provide limitless energy: wealthy avoid PSE

 

A laser that can stay on forever: medical, industrial, holography, bar-code scanners

Exercise pill:  “slow down osteoporosis, heart disease or other conditions.”

 

Lose weight by cutting sleep oxygen: hypoxia cuts appetite and burns more calories

Diagnose Alzheimer's disease in a single scan: therapy to control their symptoms

Supremes open up NYC subways to Wild wild West style gunfights in tunnels, platforms

 

 

 

@

Everything in universe: galaxies to stones made of subatomic energy ‘vibrations’

Light is both a particle and a wave depending on how we look at the light.

A subatomic ‘particle’ is the smallest possible vibration (quantum) of a quantum field.

Mass–energy equivalence: E=mc^2.  At the smallest level; Everything is moving!

Inside protons, neutrons, it is the fields of the virtual particles that creates its mass.

“Empty space is a boiling, bubbling brew of virtual particles that pop in and out of existence in a time scale so short that you can’t even measure them.” Space expanding.

 

We can apply for Medicare online: https://blog.ssa.gov/apply-for-medicare-online

We can apply for Social Security online: https://www.ssa.gov/benefits/retirement/

We can apply for health care online: https://www.healthcare.gov/

 

IAN

973.746.2014

www.InsuranceAdvisorsNetwork.com

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

 

Combat inflation: save $3,000 a year on financials you use now

 

Combat inflation: save $3,000 a year on financials you use

A positive way to fight inflation is to stop wasting $3,000 or more on fees, commissions, and charges for overpriced financial products and services. One of the greatest amounts we waste is paying someone to manage our investments. We can lose 63% of our earnings to Wall Street. It is a fact that no manager has been able to beat the market returns (11%) over time. Most of us don’t realize that the other areas of wasted income are in recurring charges. If we pay the minimum interest on our $10,050 average credit card debt, it actually costs us over $56,000 over time for that $10,050. If the minimum payment is $160 a month, we pay $25,080 over time at 25% interest. Plus, because we are wasting $160 a month for the debt, we are giving up about $37,000 in investment earnings during those 10 years. If we are overpaying $300 for insurance (auto home life etc) every year, we are wasting at least $216,974 over time. Using an annuity to create a stream of income payments in return for a lump sum costs 12-15% of our hard-earned nest egg. There are many more ways to stop throwing money away.

https://www.amazon.com/Tricks-Trade-Mutual-Insurance-Annuities/dp/1535497289/

 

 

What is your spending plan now?

With inflation running 8.6%, gasoline over $5 and rents up 15-20%, we need to rely on our spending plan more than ever. For those of us who are on a fixed income or cannot find a higher-paying job just now, rising prices will gut our budget this year. Some of us have already cut out the cable sports and streaming packages, the regular monthly outing, and our annual vacation trip. We have delayed all major purchases even though we need a new fence and roof. We are looking at our regular food buying list for stuff we can do without. We now pay attention to sales. We were shocked to read that our Social Security benefits will be cut 2034. However, one Senator has introduced a bill to shore up the SS Trust Fund for our future. The Social Security 2100 bill, which applies the payroll tax to earnings above $400,000, could be debated soon. I did not know that those who earn over $147,000 pay nothing to SS Trust on their higher earnings. The wealthy that live on dividends and capital gains pay nothing on those either. Even small business owners get a big break on taxes. We need to plan how to divert our current spending back into investing in case the do-nothing Congress decides to cut, not raise taxes.

https://www.amazon.com/Your-Spending-Plan-insurance-investments/dp/1482723123

 

Help your child, grandchild get started on a $1 million fund

They will need a million dollars since inflation can reduce the buying power by 50% in just 20 years. Since common stocks have the best history of keeping ahead of inflation, a broad portfolio has the best chance of delivering steady returns. Since 1871 a basket of stocks (dividends reinvested) has provided 11% returns. Ordinary inflation is 3% not 8.6%, so right now stocks are cheap. If you show your family that an 11% long-term return can turn $250 a month into $1,000,000 in about 34 years, they will not be try to beat the market with fast trades through a $0 commission broker. Show them the math: $250 per month for 34 years costs $102,000 in contributions. They earn $898,000 in dividends and capital gains. If they use their special IRS tax-FREE account, they avoid about $225,000 in taxes when they take their money out to live on. Remind them that Warren Buffett bet a million dollars on a low-cost market index fund to beat 5 super stock pickers. Buffett recommends you use the Vanguard 500 Index Fund. Why? You can give up 63% of your returns when you use a broker. And if they trade to beat the market they may end up with the historical broker account average of 3.79% not 11% a year. That’s $208,865 instead of $1,021,768 after 34 years.

https://www.amazon.com/Give-your-child-leg-up-manage/dp/1096505355

 

Panic selling is NOT a strategy to deal with market drops

Warren Buffett is famous for advising NOT to sell when others panic: be “fearful when others are greedy, and greedy when others are fearful.” His advice is buy when others sell. That assumes we have extra cash to buy. If we don’t then we should hold on to what we have. Selling usually means taking a loss since the average price of an S&P 500 stock is now down 21%. Most investors miss the big gains in the market while trying to jump out and in at the right time. It is hard to be right twice. Looking back over the 20-year period from Jan. 1, 1999, to Dec. 31, 2018, if you missed the top 10 best days in the stock market, your overall return was cut in half. That's a significant difference for only 10 days over two decades! According to the J.P. Morgan study, six of the 10 best days occurred within two weeks of the 10 worst days. Example: The best day was Aug. 26, 2015 just two days after the worst day in the stock market that year. Most of us have a tendency to wait after a down day for a great day that exceeds the amount we lost. By waiting for your ‘bounce back’, you lose the gain. Every analyst that studies the market gyrations has found that market timing never works—even for experts. Just stay in: since 1871 the market’s rise/fall has been more positive than negative by 11%.

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

 

Retirement income: buy annuity or create future stream of payments?

When you are ready to receive income from your nest egg instead of buying more eggs, consider the options to replace a paycheck. First, calculate how much you will need to distribute from your tax-deferred accounts to meet IRS regulations. For new retirees, you must begin paying tax on your retirement dollars by April after age 72.  For most of us this means taking about 4% from the previous year’s balance of all our IRA, 401k, pensions, etc. Since most us must pay income tax on this amount recalculated each year, this provides the base income for our year. Add Social Security benefits to realize most people’s annual income. These amounts usually fulfill your minimum expense requirements. If you have significant other funds, you can create monthly income by giving a lump sum to an insurer. You can insure this fixed stream of money for life by paying an extra fee. For an additional fee, you can have the amount increased to match inflation’s effect on purchasing power. Under historical inflation of 3%, the annuity amount will buy about HALF the goods in about 20 years. With an annuity, you cannot cancel if you need your lump sum back. A better way to overcome inflation is to invest that lump sum in a balanced portfolio and have your mutual fund firm set up an automatic withdrawal amount to your bank. Over time your portfolio may earn an average of 11% beating inflation’s cut in purchasing power for the rest of your life.

Avoid insurer’s fees: https://www.amazon.com/Best-Annuity-Strategy-Income-Growth/dp/1497532019

 

 

 

?**********ACCOUNTABILITY**************?

 

 

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

 

 

The Path to Dictatorship: 2010-2030

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

 

Nov 2020 Wealthy discredit election process

 

Nov 21 2020 Trump’s Plans for a Coup: criminal

 

Nov 21 2020: Trump plan: US Marshals seize voting machines

 

Jan 6 2021 Direct assault failed: guns & bombs ready

 

Trump engaged in a "criminal conspiracy" to stop Dems

 

Trump had become “detached from reality”

 

Trump’s Supremes end personal rights except for weapons WMDs

 

 

Nov 8 2022 Trump’s “national revolution”

 

 

 

How Govt wastes our money:

Make sure coup instigators don’t try overthrow in 2024: dictator back

NM County's GOP commission refused to certify results of its primary: preview 2024

Coup-enablers GOP lawmakers sought presidential pardons for part in conspiracy.

Al Schmidt Philly vote count manager and family threatened by Trumpists

 

Trump lawyers broke law: Giuliani, Meadows, Gableman, Eastman, Project 65

 

Biden-Garland-committee gives Trump ‘Free Pass on crimes’: Pence not hanged by him

Special prosecutor: special crimes: treason, conspiracy to overthrow, anti-Constitution

 

GOP in position to block ’24 election certifications, change rules, litigate nullification

 

Gun “deal” does nothing about guns: Congress allows war weapons to kill kids

Gun background check liars not prosecuted: ATF not vigilant

 

Some states loosening gun regs after massacres: more guns w/o permit, training

OH machine gun solution: let teachers, not police, kill terrorists: 30 rnds in 30 sec

 

Biden: Big oil huge profits by creating shortage, charging more hurts Americans

We paid coal, oil, and natural gas firms $5.9 TRILLION in subsidies in 2020: enough?

Interest rates up cuts demand for home + new stuff; less demand, price falls, goods sit

 

SCAMS/SPINS:

Trump guilty: death threats against VP: ‘Pence “deserved” to be hanged’

Trump had a ‘seven-part plan’ to stop Biden government: 2024 plan

Former prosecutor: Trump guilty of treason by calling for attack on Congress

Trump raised $250 millions on voter fraud but spent on personal choices: illegal

 

Trump had become “detached from reality” insane? B Barr, former Trump lawyer.

 

Schwab caught false/misleading statements about the cash in robo-advisor fine millions

Western International caught selling illiquid bonds, improper for clients: fine

Christopher Burns GA caught Ponzi scheme promissory notes $12 million AWOL

 

Patrick Churchville RI caught Ponzi scheme high return fund $33 million 7yr jail

Southern Baptist caught hiding pastors/leaders accused of sex abuse: none go to trial

GEICO caught liable for car sex STD transmission: $5.2 million for ‘negligence’

 

Prevagen: caught false claims FDA: real science says 5 ways to stay “sharp”

Health care sharing ministry is not insurance: fake misleading sellers look real garbage

Golf greens caught wasting water in CA regions where no water: no fines

Teslas crash by themselves: you don’t need to drive: Autopilot shuts down before impact

 

Senior Citizens League estimates the Social Security cost-of-living adjustment: 8.6%

 

US tech firms supplying chips for Putin’s war on Ukraine: weapon chips banned

US is oil exporter: we don’t need Putin oil: companies raised prices to double profits

Bitcoin plunges below $23,000 as the crypto meltdown continues

 

Cruz trying to avoid indictment blames failed coup on FBI: Ray Epps off list for rioting

Terrorists arrested in Idaho: "They came to riot downtown" 

 

Jobs

Best time to look for another job: poll

Teachers to lose jobs in some states teaching about national holiday Juneteenth

 

Who owns your account now?

Revlon going bankrupt: debt, competition:

Consumer Reports 2022 Kia Niro Electric as the best electric car they’ve tested so far.

Discover’s “Online Privacy Protection” helps remove personal info from 10 websites

 

Inflation hedge: credit cards give bonus $200 to start: Citi, Bank America, Chase

WOW: Fed raised rates .75% but my credit card is already at 36%: better to use mafia

 

Miracles:

For RV: portable nuclear reactor ready by 2024: 1-5 MWe: “low environmental risk”

Dems outlive GOP: more liberal policies, laws, regulations associated better health outcomes

New therapy success leads to tailor immunotherapy drugs to attack specific tumors

Push button diabetes implant may help control therapy in body

 

Baseball: family sport or elite outing?: tickets $622 -12,000

Yellowstone closed first time in 34 years snow melts, floods: no roads, houses fall

Phoenix record temperature of 114 degrees and not even summer time.

Electric vehicles charge in mere minutes: not ready for prime time

Teen form groups to help teens deal with sex after states ban sex talk from classrooms

 

 

@

Everything in universe: galaxies to stones made of subatomic energy ‘vibrations’

Light is both a particle and a wave depending on how we look at the light.

A subatomic ‘particle’ is the smallest possible vibration (quantum) of a quantum field.

Mass–energy equivalence: E=mc^2.  At the smallest level; Everything is moving!

Inside protons, neutrons, it is the fields of the virtual particles that creates its mass.

“Empty space is a boiling, bubbling brew of virtual particles that pop in and out of existence in a time scale so short that you can’t even measure them.” Space expanding.

 

We can apply for Medicare online: https://blog.ssa.gov/apply-for-medicare-online

We can apply for Social Security online: https://www.ssa.gov/benefits/retirement/

We can apply for health care online: https://www.healthcare.gov/

 

IAN

973.746.2014

www.InsuranceAdvisorsNetwork.com

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