Don and Hill will need more revenue

Don and Hill will need to raise taxes to pay for walls or wars

Don’s wall and Hill’s return to Iraq and Afghan will cost us more taxes. Both want to spend more on guns and war and that ain’t cheap. Her plan will cost $1.1 trillion. His tax cuts will cost $9.5 trillion and he will cut “waste”—Medicare and SS benefits—to limit borrowing. Both will need to raise revenue one way or other since more 1%ers and corporations are using loopholes to avoid paying any tax. Don can avoid taxes for years with his $50 million loan write off.

Start your tax-FREE account now so you don’t get stuck with taxes later: https://www.amazon.com/Tax-Shelter-Young-Americans/dp/1500426520

Put your advisor on a diet—Market returns will remain low—hedge funds close

Economic gains will be slower with Don or Hill so stocks will be pressed to break 7% return. It is time to put your advisor on a diet and cut their share of your gains. If their fees, trading charges and taxes continue to take 2%, you could end up with only 63% of your potential nest egg. Taking more risk for greater yield is not the answer you want from them. Fees will continue even if no gain. Better to go with par, the average return. Try an ETF or index at 0.05%. You may clear 7% not 5%.

Get back to basics:  https://www.amazon.com/basic-facts-about-learned-before/dp/1534665544

ETF or index fund?

Advisors are all excited about the ETFs they have to offer you. Why? Index funds have been out there since 1976. Perhaps it is because index funds are packaged in a commission product. Yes, the sales person who once hated index funds can now praise them. Excitement over exchange-traded funds continues among financial advisors, according to Journal of Financial Planning. ETFs are the preferred investment vehicle for 83% of advisors up from 40%. Advisors are selling them to clients using ‘lower cost’ as the sizzle. What advisors don’t disclose is that the fund version is much cheaper than the ETF commission/fees. Don’t be fooled.

Save $100,000: https://www.amazon.com/Money-Scams-2014-financial/dp/1505437962

Is a homeowner policy Virtual inspection right for you?

Esurance offers a do-it-yourself Home Inspection app, which allows policyholders to self-inspect their homes and receive policy discounts. For instance, the insurer needs you to fix broken sidewalk. Now you can prove it yourself. No need to wait for inspector to show when you have a claim. Just record what the insurer asks for to prove you lost your siding or roof. Insurer promises quicker service. They don’t need to send a drone or adjuster. But sometimes you do better with private expert on your side.  

Save with 15 discounts: https://www.amazon.com/Homeowners-Insurance-Beware-Coverage-Policy/dp/1480100870

What is the most important predictor of your investing success?

According to an unbiased Morningstar study, low-cost funds beat high-cost funds PERIOD. It is a myth of Wall Street that you must pay more for good performance. You are just paying for the Wolf of Wall Street's toys. Other Wall Street myths: Buy low, sell high; manager tenure; proven performer; get in on ground floor; concentrate portfolio.
Warren Buffett, the master of investing, disagrees:
            "A very low-cost index is going to beat a majority of the amateur-managed                                money or professionally-managed money."

https://www.amazon.com/Best-Predictor-Investment-Success-Cost/dp/1502524082

Income inequality, rising since 1970s, link to frozen wages?

New study, which measures income inequality by state, metro area and county, shows that inequality has risen in every state since the 1970s. Most of the income change has gone to the more senior corporate chiefs and not in salary. Corporations are escaping taxes and shareholder limits on excesses. Your Apple gear costs a lot to buy but little to make. Your shoes don’t cost $150 to make. Verizon service doesn’t cost Verizon $200 a month to provide. Corporations have digitized and outsourced for the last 40 years and haven’t shared the increased profits with workers or shareholders. Is David M. Zaslav’s labor really worth $156 million a year? Yahoo’s CEO got a 69% raise for ..? Chipotle’s head found $29 million despite sickening patrons. His 1^st boy got $28 mil. Chase gave its CEO a 134% raise. Another study shows higher CEO pay; worse performance.

If you are NOT the boss, do this: https://www.amazon.com/Working-Millionaire-Tax-FREE-Self-insure-Self-fund/dp/1460945484

Is a Goldman Sachs CD right for you?

The commercial bank famous for creating the mortgage meltdown by packaging bad mortgages with pretty ribbon is now in need of money. They offer savings CDs for the non-1%ers. You only need $500 to obtain 2% for a 5 year CD. So if rates go up you will have the privilege to be stuck with $52 profit over 5 years. If you need it back, you lose part of your $52. If you want most of your money to grow above the inflation rate, you will need to keep it in stocks and bonds at the lowest cost you can find. Your money is actually safer in stocks than with Goldman because you lose half your purchasing power over time: 47 cent stamp used to cost 33 cents just 15 years ago.  

Go long for SAFETY: https://www.amazon.com/Go-Long-Reach-Wealth-Starting/dp/1519376189

Auto insurer’s satisfaction falls 7 points

Overall satisfaction declines by a significant 7 points. The 17 largest insurers are the primary drivers of the overall decline. Satisfaction among the smaller insurers increases 1 point from 2015. JD Power survey found the top insurers for each region were NOT all large insurers even though they had best digital scores. Winners:

California: Ameriprise (846)

Central: Shelter Insurance (819)

Florida: The Hartford (834)

Mid-Atlantic: Erie Insurance (829)

New England: Amica Mutual (855)

New York: GEICO (828)

North Central: Auto-Owners Insurance (842)

Northwest: PEMCO Insurance (847)

Southeast: Farm Bureau Insurance – Tennessee (870)

Southwest: The Hartford (829)

Texas: Texas Farm Bureau Insurance (836)

New Jersey Manufacturers Insurance Company (NJM) and USAA also achieve high levels of customer satisfaction in the study, although they are not included in the rankings due to the closed nature of their respective memberships. 

Buy the best and save: https://www.amazon.com/Industry-Insiders-Guides-Buying-Insurance/dp/1466435712

Does our President need to be smart and truthful? Do they even care about truth?

            (a summary of the GOP Presidential debates) (history: GOP has the final candidate by Feb 17)

                        What does Trump’s National Socialism stand for?

Increase subsidies to oil gas, corp farmers, Boeing, big business tax cuts

Don will cut Medicare and SS benefits “if tax cuts don’t make big surpluses”

Cut funding for un-wealthy, poor, schools. seniors, underemployed, kids, etc.

Reinstate older white male value system: Make ‘WASP” America Great Again

Reinstate Christianity as the state religion—bar all others from public office

Reinstate Christmas and Christian observance in schools, home, court, stores, etc

Put successionist’s flag back in public spaces - cemeteriess, courts, state houses.

Put up a wall, end trade, bring back repetitive “robotic” jobs back from low wage areas.

Cut regulation of all business activity, lower wages for women, pregnancy

Climate change is a hoax. Let oil companies drill anywhere. XL pipeline approved

Replace ObamaCare: no mandate (tax credit so you can try to find your own like before)

Cut federal spending on health especially when control women clinics

Cancel immigration for all from non-EU countries. Deport them

Voter suppression of DEMs (even in Brooklyn) Latins, blacks, poor, students.

Replace judges whose parents came from a non-EU country or any non-Christians.

Limit rights of non-Christians, Muslims, gays, Indians, Asians, protesters, press

Increase debt and devalue debt. Let Mexico pay for the Wall by taxing imports we buy

Create tariffs on imports so we pay $6,000 more for stuff we buy. Middle class tax.

Trade pacts are no good for us and no good for our workers.

Abolish IRS, EPA, Education, Dodd-Frank financial protections, consumer protections

National right to buy and carry any firearms anywhere anytime by anyone age 2 and up.

Install voter ID restrictions designed to lower Dem voter participation – proved in court

Install state gov that cuts Medicaid, education, federal payments, infrastructure like KS.

“Lust for executive power”—GOP House leader thinks Don wants to just snap fingers.

“I could stand in Fifth Avenue and shoot somebody and I wouldn’t lose any voters.” 

Don’s rallies begin with crazies denouncing supporters--thrown out as “protestors.” 

“The only thing necessary for the triumph of evil is for good men to do nothing.” E Burke

Don: I found my running mate: Ken Lewis. He doesn’t like Orlando’s non-whites.

            I just took $1million from campaign. I’m not a charity. I need to be reimbursed.

            I’ll help Christians dominate American social life: remove church/state barriers.

            It’s “my greatest contribution to Christianity” advisors Michele Bachmann, Ralph Reed.

            ‘I’m really rich, I don’t need donors. Fundraising for to make wealthy feel good.     

            I’m in Scotland to open golf biz since I still have a job (Scots love me I’m sure!)

            I don’t care if Reagan gave 2.9 million illegals amnesty “legalization” in 1986.

Hill:  Looks like 1964 all over again. Goldwater had similar message for racists and lost.  

Paul: ‘This is one of my big concerns:’ Don’s “lust for executive power.” He’s OK now?

           

Bern: “It looks like I will not be the nominee.” More energy than Hill! 2020?

            Millennials, wanting to remain, did not turn out like older BRexit voters

Regulators are the only protection we have since we can’t sue anymore

            “It is nearly impossible for one individual to take on a corporation with vast resources.” (GOP bill requires impossible: every person in class action suffer “same type and scope of injury”)

               Supremes stop us from suing—State courts no longer available to sue corporations!

.Congress votes for more killings: terrorists on watch list CAN buy assault weapons.

.GM wants judge to dismiss claims that your car lost value when recalled 

.Judge: KS can’t bar DEMS from voting because non-KS form to register, yet KS does.

.NJ says NO to more open carry guns—Christie embarrassed—NJ is NOT wild west!

.Nissan recalls 60000 Q50 for steering problems with software.

.Another child dies handling gun with no safety. Guns kill people. Fear not crime drives.

.Fiat/Jeep with trans problem kills Star Trekker Yelchin—Grand C rolls in ‘Park’. 

.Hyundai Kia recalls 400,000 cars and minivans many things wrong.

.NYC rescinded Don’s property tax rebate meant for middle class homeowners. What?!

. Merrill Lynch fined $415 million for using customer cash to generate own profits 

.VW pays $10.3 billion to settle claims from diesel emissions cheating scandal

We need regulation—GOP wrong—companies/cities wouldn’t fix bad products on own

SCAMS

Worst offender in 2007-8 mortgage crisis, Angelo Mozilo will NOT face Justice lawsuit

Why do star athletes have to prey on unconscious women? Too obnoxious or too mental?

Salesmen forgot to tell you: Is your car one of the most regretted cars sold?

Orlando killing was gay revenge?—self-hate crime—Muslims can’t be gay so terrorist

Muslim got FBI to start file on Omar—he was not radicalized enough maybe never.

Guns kill people many at a time. Congress fails to stop even highjacker terrorists.

Tombstone had gun control for good reason—it reduced deaths. Congress helps terrorists  

Ignoramus Award: Congress represents the American people. Right. Except on the topic of guns. This is the 3^rd rail that can kill politically. When assault rifle kills 26 kids and now 49 gays, is that enough to pass just a background check? Does your rep fear your vote more than NRA? Even in 1686, NJ recognized that people get afraid and into quarrels when they carry guns. 2^nd Amend was for militia not average Joe.

How our government wastes our money

Crazy Dems Go on Strike in Congress—Work stoppage to get a vote on guns

            Civil rights leader John Lewis and Katherine Clark conspire to force GOP action

            First time in US history House members sit-down strike their own jobs.

Zika protection used as tool to defund ObamaCare so not passed. FL hurting for $.

55 percent of Democrats say the Republican Party makes them feel afraid and

49 percent of Republicans said the same about the Democratic Party. Try socialism?

We are loaning Iran money to obtain Boeing jets ImEx bank and ex credits.

General Electric decided to move some production overseas to use foreign export credit.

Who owns your account now?

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts

Foreign governments buy our "reps"; can you pay more?

This is why our “representatives” can’t fix the railroads, bridges, roads

Foreign governments secretly buy our “reps” by giving money to “not-for-profits” who then pay for goodies. Congress people can say “I didn’t know.” Azerbaijan (N of Iran and E of Turkey) and several large energy companies sought exemptions for a $28 billion natural gas pipeline project in the Caspian Sea from U.S. economic sanctions being imposed on Iran. This is how our “reps” make decisions; not what is best for us.

When did you last buy your “rep” gifts to get a better deal for your family?

Perfect Graduation Gift

Every parent and grandparent has the same advice about achieving their money goals in life—I WISH WE HAD STARTED INVESTING SOONER. To get them started, they need to know why the greatest investor of our time Warren Buffett credits the Miracle of Compounding, NOT stock picking, as the reason for his wealth. Your graduate can turn $8 a day into a $250,000 Wealth Reserve in only 21 years, $1/2 Mil in 27. Einstein said, “The most powerful force in the universe is compound interest.” Their wealth can double every 7 years because of compound interest. Help them be successful: http://www.amazon.com/The-Simple-Financial-Life-paycheck/dp/1441499326

Take your maximum SS benefits before the GOP cuts them!

Top contenders for Prez want to limit our payout so make sure you get yours now. EG: John took 3/4ths benefits at age 62 because he had no job. His wife Liz was still working and wanted to go for the maximum at age 70. Liz filed for John’s spousal benefits at her full SS age of 66. Liz kept her own benefits growing with higher wages each year and at the same time, collected ½ John’s full benefits. This way John got his full benefits even though his SS amount will be reduced for the rest of his life. So together in 2013 they received $2,564 a month instead of just $1,542. When Liz turned 70 and still wanted to work, she received her max benefit. In 2015, she receives $2,709 and John receives his inflation-protected $1,580(-$100 tax) a month—annually $51,468—perhaps $1,411,360 over 20 years. Each year that Liz works, her SS benefit will increase as she adds another high-earning year to her SS account base. Her new benefits are recalculated each year on her new 35-year PIA base. Of course, because she and John have other income, they must pay tax on up to 85% of those benefits. Both were in lower-paying careers.

Take ALL your benefits before GOP does: http://www.amazon.com/Maximize-Social-Security-Benefits-Retirement/dp/1495439224

DEM crazies

Bernie Sanders will never be President but Americans love his policies. Health care without the F***ing paperwork, path to citizenship, fair tax for wealthy, bring troops home, break up banks, 2 years free education, cut corp election buying, tax carbon emissions, and use common sense again. Bernie even has simple solutions to the future SS benefits problem without GOP cuts. Bernie is a NOT Congressional millionaire and has no corporate donors so he can NEVER be Prez. Supremes decided cash buys winner.

Obama gives “green” to Shell to drill up Artic ice—Ms Palin can watch drill baby drill

Sign of a new direction or new gig for Obama after 2016? The Interior Department decision is a devastating blow to environmentalists, who have pressed the Obama administration to reject proposals for offshore Arctic drilling. Environmentalists say that a drilling accident in the icy and treacherous Arctic waters could have far more devastating consequences than the deadly Gulf of Mexico oil spill of 2010, when an oil rig explosion killed 11 men and sent millions of barrels of oil spewing into the water.

Do we need this oil now?

GOP crazies

Huckabee says he will not cut SS or Medicare but he shared no details—just trust him?

All the rest GOP want to cut benefits and give more to donor corporations/wealthy. GOP thinks the money we paid forward for these benefits are really “entitlements” like welfare, food stamps and corporate subsidies they change every year. The millionaire Congress still thinks we did not earn our benefits because we don’t have a big bank account like they do!

Bush III will use W (WMDs) as his guide on Middle East policy!?

Is he serious? Bush II was the one who invaded Iraq on false pretenses and fell for the BS about Saddam helping 9/11 terrorists. W’s people said invasion over in weeks and won’t cost us a single soldier. Iraq is the 2^nd longest war in US history after Afghan and has cost us 4,500 lives plus $3 TRILLION some of which went to Cheney’s Halliburton firm. Iraq lost 200,000 lives so far.

TX gone to the dark side?

Has far-right paranoia finally taken over a whole state? http://www.washingtonpost.com/news/checkpoint/wp/2015/05/05/watch-jon-stewart-rip-reaction-to-jade-helm-15-the-military-exercise-spawning-conspiracy-theories/

Christie can’t escape (“I didn’t know what staff doing”) his scandal in NH

NH pub audience asks how he could not know what his secretary is doing. Commentator asks isn’t revoking Social Security a Madoff-type “bate and switch”? Christie yells him down. Christie has given teachers’ pension money to his political supporters as “investment management fees”--$1.5 billion since 2010—double the usual rate—and still underfunded. He uses NJ state credit card to buy $76,373 in snacks at Wegmans Food Markets in 53 shopping runs and $82,000 at MetLife Stadium and NJ policy helicopter runs to son’s games. He vetoes environmental cleanup bill after taking EXXON’s $200 million instead of $9 billion judgment.

GOP budget includes repeal of ObamaCare with NO alternative for millions

Congress adopts a budget that will allow Republicans to repeal or revise ObamaCare. GOP set-up for failure in 2016?

We are given entertainment as “news”

It appears that our media industry has learned that there is money in “news” as entertainment. Most of what we call “news” is really HALF lies. Only the politically active takes “news” seriously—anchoring their political views in an aura of “facts.” America went thru the McCarthy period with politicos using “facts” to crucify the other side. We are there again. No one is looking out for America as America.

Is a hedge fund investment right for you?

Hedge funds are supposed to be where the big money sits, but their investors are NOT so happy now. Your pension money may be making the managers rich but that doesn’t help you. The top 25 hedge fund managers reaped $11.62 billion in compensation in 2014, according to Alpha magazine. Your pension fund would have earned 13.5% and 11% long term if they had stuck with a simple low-cost market index. "Professional money management is a gigantic rip-off," according to money manager Bill Gross.

You keep more when you pay less: http://www.amazon.com/Wealth-Without-Wall-Street-Commissions/dp/1442168137

CR’s 5 best and worst picks—has your ride arrived?

I don’t see a Buick.

Is a certified non-commission advisor at 1/3 the cost right for you?

Vanguard has slashed the investment minimum for its Personal Advisor Services program that combines a human financial advisor and online features. Instead of the $500,000 minimum Vanguard requires only $50,000. A Vanguard financial advisor discusses your financial goals, time horizon, and risk tolerance. A certified advisor creates a custom-tailored financial plan consisting of a portfolio of Vanguard mutual funds and exchange-traded funds. The annual fee is 0.30% of your assets, plus the fees for funds contained in your portfolio. Admiral Share funds cost between 0.05 to 0.19 percent. Vanguard will limit the all-in costs to roughly 0.45 percent.

Pay less—keep more: http://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

Was your child paying half of your support when they passed?

You can collect a parent SS benefit of 80% of your child’s future SS benefit. Even if you are receiving your own SS benefits, you can collect the larger of the two amounts. Check https://www.socialsecurity.gov/forms/ssa-7.html or call 1-800-772-1213.  

Zimmerman gets shot this time—FL menace?

Zimmerman was involved in more gun violence this week. After getting off for killing an unarmed black teen going home from the store, Zimmerman was shot by another driver who he had had some dispute with before. Violence seems to be his way.

SCAMS           Why are we still paying $700 Billion a year for WWII deployments? That is 27 cents of each dollar in taxes—the largest part of our money—and we aren’t even at war. We could pay off our debts and fix our schools, roads and bridges!

We are paying for 164,253 of our active-duty armed personnel to be in 150 countries around the world. We have about 50,000 in Japan and 50,000 in Germany.

We are building another military base for Japan at Henoko. Air Force Gen. Ronald Fogelman admitted that the Marines “serve no military function there. They don’t need to be in Okinawa to meet any time line in any war plan.”

Are we preparing for WWII again? There are 1,208,083^[1] armed personnel in the United States. Our taxes pay for about HALF of the WORLD’s military expenditures every year. We have wasted $398.6 billion so far on the F-35 program—they can’t fly safely.

We just can’t afford to pay for everyone else’s defenses anymore.

Japan, Germany and S. Korea can pay to defend themselves.

The War on Terror requires SEALS’ attacks on top terrorists at their homes. Iraq proved converting a nation to Western-style republic doesn’t work. The troops we trained ran away. Former Saddam army now ISIS. We are wasting $4 billion a year on Afgan tribal rivalries; paying ransom to Al Qaeda; supporting corruption with our money.

BoAmerica gives Justice Dept B.S. instead of mortgage relief

Patti Coleman, a Florida borrower, received a letter from Bank of America this year. In it, the bank told Ms. Coleman it was pleased to approve her “for a full principal forgiveness” of $54,732 in a home equity line of credit. Citing the Justice Department settlement as the impetus for the letter, the bank said she would “no longer owe” that amount. But Ms. Coleman has not owed this money since she filed for personal bankruptcy in 2010. “In my Chapter 7 filing, the debt was extinguished,” she said in an interview on Tuesday. “They can’t come back to me and try to collect.” There are many cases in which Bank of America ends up claiming credit for such loan forgiveness actions under the Justice Department deal.  The bank receives extra credit under the settlement — more than one dollar for every dollar of loans “forgiven.”

G.M.’s Ignition Switch Death Toll Hits 100—murders that GM got away with!

The toll far exceeds the 13 victims that G.M. had said last year were the only known fatalities linked to ignitions that could suddenly cut off engine power and disable airbags.

And as the number of victims mounts, the ignition-switch crisis is cementing its status as one of the deadliest automotive safety issues in American history. There are still 37 death claims and 589 injury claims that are under review, the fund said. The new GM says it is not liable for the deaths since the old GM went bankrupt.

Greatest murder cover-up in auto history.

Nationwide is “on your side” until it cost them money

Nationwide Mutual Insurance, whose slogan is “on your side,” will pay regulators $8 million fine because it delayed orders and changed the price of your mutual funds AFTER your purchase.  

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

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