What do you do when the market falls?

What do you do when the market falls?

Sell or stay the course? Why do the non-commission advisors like Warren Buffett tell us not to panic when the market declines? Why do the smart investors use the decline to BUY, not sell? The only reason is they have the experience of seeing the losers after they sell. Here is what I do, even in retirement: I look at the past market behavior-- http://www.moneychimp.com/features/market_cagr.htm. 2008=-37%, 2009=+27%, 2010=+15%; 2002=-22, 2003=+29; 1974=-27, 1975=+38, 1976=+24. Notice that when it falls, it rises. If that is not convincing you, look at the actual average earnings for advisor-assisted investors compared to the unassisted stock index fund: 3.79% vs 11%. Earning 11% a year (index accounts cost 0.04 % or less) over time beats 92.2% of the advisors and brokers unless they have illegal insider information. I use ‘perspective’: 2018 Jan 2=271; Dec 6=271 plus dividends. Last year I gained 22% tax free.

https://www.amazon.com/Just-Takes-Time-money-fashioned/dp/1979380945

Is your ‘retirement’ account really an ATM?

Most (59%) of investors ages 18 to 34 say they already have taken money from their retirement accounts according to a survey. Yet most believe they will have enough to enjoy their retirement. Not long ago, only 31% had raided their future nest egg. What happens when our 401k or 403b is used as an ATM? The compounding effect is destroyed. Compounding is the effect of making money on our existing money without adding more. Invest $250 a month, $3000 a year for 33 years ($99,000) and compounding produces about $1,000,000: $900,000 was from compounding. When we interrupt the growth—just 5 years—by stopping the flow and ALSO reversing savings, we lose about HALF the final total.

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

day-into/dp/1470176513

Wages are up 3.7% Who is getting the raises?

The unemployment rate is now at 3.7%, the lowest since 1969. On a yearly basis, wages and salaries jumped 3.1%, the biggest increase in 10 years. But, which groups are getting the lion’s share of the increases? Corporate CEOs and upper management seem to have taken more than their share—perhaps from the corporate tax cuts. Most line workers seem to have given up more than they got—they will pay for the corporate tax cuts. The highest-rated employees earned 4.6% in raises in 2018, compared to the 2.7% average raise given to employees with an average rating. Although minimum wages were raised in some states, the big increases went to a few. Clothing manufacturing wages jumped 14% with only 116,000 workers. Refiners of petroleum and coal with 115,000 jobs saw the 2^nd highest raises. Data miners are in demand. So most of the wage increase of 3.7% was for a sliver of very skilled workers and their bosses. CEO's have seen a 937% increase in earnings since 1978: Workers saw 11.2% during the same time. "CEOs are getting more because of their power to set pay, not because they are more productive or have special talent or have more education," says one report. Given cuts in corporate and wealthy taxes, paying for the narrow group of raises will fall to the working class only.

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

Do you need a REAL middle-income tax break?

The REAL tax break from the GOP and Trump is the removal of the income cap on conversions from traditional IRAs to Roth IRAs. The 1.6% income increase for the average household earning $50,000 to $75,000 has been eaten up by tariffs and health care costs. Compare the $thousands you save in taxes during retirement when most of your income is tax-FREE and you no longer have to take taxable RMDs from your IRAs. For many, the elimination of tax on IRA distributions means their income can continue to grow after age 70 ½ AND they will pay less tax or nothing on their SS benefits.

Keep your taxes low for life: https://www.amazon.com/Tax-FREE-Retirement-code-lifetime-income/dp/1475206976

Advisor’s plan for retirement spending is impossible

The average spending for households headed by 55- to 64-year-olds was $65,000 in 2017, according to its Consumer Expenditure Survey. Spending dropped to $55,000 between ages 65 and 74, and after that it fell to $42,000. Housing costs remained steady and health care expenses increased, but nearly every other category — transportation, entertainment, clothing, food and drink — declined sharply. Retirement is NOT a fixed expense so putting all your money into an annuity or other fixed income vehicle is absurd. We all need flexibility unless we are going to watch TV for the rest of our lives. Advisors used to get off easy by telling us to take 4% a year. They were just lazy—it takes work to know how much to spend in the future. Chase bank created 4 profiles: homebodies, globe-trotters, health care spenders and foodies. Most advisors build inflation escalators into their financial plans but the data shows otherwise. For some, the huge bump comes with unexpected health care expenses. On the other hand, you should make that great trip or other retirement dream while you are able. Plan for flexibility!

Buy Income & Growth: https://www.amazon.com/Not-Buy-That-Annuity-Guaranteed/dp/1466494573

Are trusts to avoid $10K cap on property tax right for you?

Wealthy folks in CA, CT, NJ, and NY are using trusts to hold their properties so they can avoid the cap of $10,000 on property tax set by Trump’s new tax bill. Those who previously deducted $50,000 or more for property taxes are moving ownership of their holdings to Alaska, where the tax is $0. Building and administering the trusts could cost about $20,000 plus you have to put investment assets in the trust that will generate enough income to balance out the $10,000 deduction. So this option will not work out for most taxpayers in the affected states. They will carry the load for the wealthy again. With a $20,000 property tax bill, the average homeowner will need to pay a larger chunk to cover Trump’s tax breaks for the rich.

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

Another way the wealthy avoid paying their fair share of tax

Feds just charged 4 people with helping the wealthy avoid US taxes using a law firm in Panama. The charges come from journalists getting records from the Panama Papers. One method: lawyers set up a fake investment into which a rich person could get the money out of the country. Then lawyers created a paper loss so the transaction could be called a non-taxable loss. The original money could then be returned to the US without a taxable event reported to the IRS. The rich could then use the untaxed money to buy a hard asset like a mansion with no questions asked.

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

This is how Jared avoids his fair share of taxes

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

Make your own Tax-Free empire: https://www.amazon.com/Create-Your-Tax-FREE-Financial-System/dp/1466367466

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

Make America, “The Don”, Great Again

Senile Psychosis

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

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

J F Kennedy was 43 when he beat Nixon

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

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

Your tax dollars pushing right-wing conspiracies and hate of Jews

Police paid by us for protection, not sadism: ‘It’s still a blast beating people’

Medicare for all can save our lives and eliminate the waste. Rich must pay their taxes.

US now exports oil: Saudi dictator can now be sanctioned—Trump need not fear him.

GOP to give Trump $25 billion for wall that drug smugglers just travel under. Fake issue

EPA (Coal lobbyist) cancels coal regs so additional 15,000 people will die needlessly.

SCAMS/SPINS:

This is what the Trump ‘swamp’ really looks like: 3 swampers took $148 million.

Danard Brown Legend Securities caught ‘churning’ account for fees—fined, no jail

OptionSeller caught losing options customers $35.3 million they must pay back. Jail?

Bart Posey TN caught selling 17,000 fake health insurance policies: jail time.

Shoe store prank proves we know NOTHING about value vs price. Low fees wins.

Trumper attacks Mexican American tire store owners: Mormons killed hate-crime bill.

“Trump creating “new liberal order that prevents war” Sec State tells Europe. Crazycrazy

GOP tampers with votes again: it’s the only way to win with no credibility left.

GOP pays $100 for absentee votes in North Carolina. Republicans desperate!

Promoting cybercoins on social media can cost you $750K.

Scammers favorite time is tax time. Forward to IRS for verification.

BB&T bank caught forcing own employees to pay more for BB&T funds.

Wealthy men follow Pence to avoid women instead of treating them with respect.

BEWARE: ‘Free’ annuity dinner can cost you $hundreds for the rest of your life.

Loan sharks have turned legit: miss a payment and you wish you were dead: Boiler Room

State Farm bank caught misusing consumer credit information

Village Capital, NV caught misleading veterans on loan terms and rates.

Advisors who filed bankruptcy recently might cause you pause at your account.

GOP: TX state platform head: ‘I’m a WHITE NATIONALIST and very Proud of it.’

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

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:

Corporate and wealthy tax cuts have added 15% to the national debt in just 2 years.

Playing ‘chicken’ with our money AGAIN: Congress!  Do your job.

GOP pays $100 for absentee votes in North Carolina. Republicans desperate.

Jobs starting at $79,000 and few takers?

Who owns your account now?

OptionSellers.com’s disastrous gas options loss: clients owe brokers $35.3 million.

Start collecting your deductions now and file early Feb 15 for quick refund.

4% on your checking account? Are they crazy? Read details if it is for you.

Safest way to lose your future retirement nest egg: any of  these 10 ways to go wrong.

Brokers you might want to avoid: Check their history at BrokerCheck.

Credit score you need to buy car, rent, etc.

Miracle:

Just in time … after losing everything in Paradise

How did they get that shot? 100 Best Photos by National Geographic Utah's Bears Ears!

Michelle tells women they just need confidence—everyone else is not really that smart.

Blood test can detect cancer in 10 minutes. 90% accuracy for early treatment.

IAN

41 Watchung Plaza, B242

Montclair, NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alert

Take your tax break now

Trump tax breaks: for bling-bling; not jobs

Can you believe that the wealthy waste $110 million for this instead of creating new jobs and new businesses? This is what Trump’s tax credit class does with tax cuts that we have to pay for. (Who else makes up the loss in revenue?) Looks like wall graffiti in Brooklyn? Wealthy people buy toys and art that do NOT create jobs. Jobs are created when the middle class has money to spend. But their income has not increased above inflation since 1974. Rich people don’t wake up one day and think they can put their extra tax break money into a new factory. Why would they pay $20 an hour for labor when they can pay $1 an hour? Even ‘Make America Great’ Ivanka does not make her clothes line here in the US. Wealthy people and their advisors buy yachts. Advisors’ customers don’t buy yachts. Keep your Wall Street advisor fees. Create your own tax break.

Avoid the Pimps of Wall Street: https://www.amazon.com/Pimps-Wall-Street-money-middlemen/dp/151525254X

Trump could be a great president

He could end ever-increasing health care costs by using his “negotiating” skills. He could end the Bush II ban on negotiating drug prices. He could follow the VA contract for Medicare and ACA. He could negotiate a fair price for common procedures and treatment so everyone would know how much broken bones, colonoscopy and epipens cost in every state. He promised on the campaign to reduce obscene costs. Americans will have “great health care at a fraction of the cost.” Bring down drug prices by importing cheaper medications from overseas and allowing Medicare to negotiate drug prices. Require price transparency from health-care providers so patients can shop for the best prices. “You will be able to choose your own doctor again.”

Trump could be a great president but his Xorders and agency appointments are being shaped by lobbyists from religious right, NRA, health insurance, oil and gas, IT. He has put the oil drillers shill at the EPA, private school advocate at Education, TX dancer at Energy, bank money launderer at Commerce, and movie producer at Treasury. He has cut investor and worker protection regs to allow abuse of consumers again. He is turning America into a Tammany Hall-style political business supporting his brand.

Prepare for TrumpWorld: https://www.amazon.com/Your-Retirement-Income-Checklist-TrumpWorld/dp/1544703260

Is the new border tax right for you?

Congress should reject a proposed $1 trillion border adjustment tax (BAT) that would drive up prices for us and cost us jobs. This is the plea of retailers. They say: the Ryan-Brady plan would transition the United States from its long-standing income tax system toward a consumption tax system. The plan includes a 20% border adjustment tax on imports including auto parts that go in new cars and every car that is maintained. My 98 Subaru window control was just replaced and it came from Mexico. It cost over $100 new. It would cost $120 if leader Ryan’s new tax were in effect. Higher costs may mean fewer purchases and thus fewer Americans working. Tax increases should NOT be focused on those who spend almost all our income on products that are needed. It should focused on those who buy bling-bling. They have the money to spare, not us.

Only the poor pay taxes: https://www.amazon.com/Only-little-people-pay-taxes/dp/1478222441

Trump to cancel school services so we can pay for rich kids in private schools

Mental health services. Civics and arts programs. International education and language studies. Anti-bullying activities. Gifted and talented initiatives. Full-service community schools. Check if your child’s assistance program is on the list of cuts. Most are aimed at students from low-income families and students with disabilities. Even Russian commented on the cruelty of the cuts. Justification for cuts is that it ‘duplicates activities that may be supported with other Federal, State, local, and private funds.’ Education funding is a local mix of programs that may not happen in poorer communities. Billionaire DeVos has never worked nor sent kids to public schools so these cuts could be chosen capriciously. She advocates private religious education and wants the public to pay for it. Trump has proposed redirecting $20 billion in federal spending toward a grant program for states to expand vouchers and charter schools. NC GOP is in sync with Trump’s plan: N.C. Senate cut education funding — but only in Democratic districts. AZ hires teachers without training or certificate for public schools so GOP can send kids to private or religious schools. KS tried the Trump cuts plan and is almost bankrupt now.

Don’t give up your tax credits: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382

Is your advisor right on retirement income?

Is your advisor giving you 1990s advice still? Things have changed since the 4% rule worked 25 years ago. First, you are less likely to remain a couple. Second, your nest egg may not be earning what it could have then. Third, you may live longer—45% chance to live to be over age 90 if you are 71. Fourth, 1-year interest rates are now 1.4% not 8.75%. Fifth, what did the Monte Carlo analysis determine? Sixth, are all your future liabilities fundable in the correct sequence? Seventh, is your Spending Plan in place? Eighth, is your investing sustainable? Ask your advisor to check your income stream with this guide. Remember, your advisor is paid to serve the firm NOT you -- only Fiduciary does.

Check your income stream now: https://www.amazon.com/Your-Retirement-Income-Checklist-TrumpWorld/dp/1544703260

GOP tries and fails to create segregated voting again

White NC racists engaged in an ‘unconstitutional racial gerrymander’ according to the Supremes. "The Constitution entrusts states with the job of designing congressional districts," Justice Elena Kagan wrote for the majority. "But it also imposes an important constraint: A state may not use race as the predominant factor in drawing district lines." Gorsuch did not hear the case or the vote may have been different. Voters in seven states — Arizona, California, Hawaii, Idaho, Montana, New Jersey and Washington — have turned to independent commissions in an effort to reduce political "gerrymandering," the map-drawing method that leads to districts easily won by Democrats or Republicans.

Will Trump stop Dems from voting with special rules from myth of voter fraud? There have been 492 cases of mostly local elections by absentee ballot from 2000 to 2017. 492 of 480 million ballots. Typical: Olivia Lee Reynolds was convicted of 24 counts of voter fraud. While working on the 2013 campaign for her boyfriend, she filled out absentee ballots for voters. Trump’s ‘proof’: people are registered in two states. Not illegal. Jared, Sean, Steve, and Tiffany are a few of your own team. Don, not illegal to be registered.

Every study has shown there is less than 0.00000013 % fraud. Trump’s real fake news.

Credit Unions for your emergency funds?

Checking accounts are NOT usually the place to hold your funds for short-term savings but we found another exception: 1.75%. Need cash; write a check or ATM. Need a loan; pay 1% less. Anyone can join.

Will GOP take your coverage away with TrumpCare?

Will you be in the 23 million Americans that lose coverage under AHCA? It cuts more than $1 trillion from the assistance the government gives low- and moderate-income Americans, primarily through Medicaid. That means those in their 50-60s would see 850% increase. In some states, you couldn’t buy ANY policy. The bill also restructures the system of insurance marketplaces created by Obamacare to guarantee health coverage to Americans, even if they are sick. Before the 10 essential benefits, insurers could charge smaller premiums but then limit or deny you coverage when you got sick or ended up in the hospital. Millions of us fell into debt or bankruptcy from medical bills. GOP could cover everyone as a birth right as in "Life, Liberty and the pursuit of Happiness" which America promised were “inherent & inalienable” rights. Instead, the GOP will use the money from your health care to buy Trump an aircraft carrier and other military toys. But terrorists don’t have ships or planes. If you live in a GOP state, your premiums may go down but your policy will not cover you for much. And what if you are in an accident you may get well but in bankruptcy.  

Remember, Congressmen who voted TrumpCare for us will keep their ObamaCare coverage because it is better coverage.

Why should we accept less than they receive for free?

30 cars Consumer Reports says are “never buy”

You can buy any car that meets your fancy and people do. Savvy shoppers know in advance what they are getting themselves in for. Overpaying for a car may be our second biggest financial mistake. How much does the ego boost or peer envy cost? They are all here from Fiat to Tesla. You do NOT get what you pay for in vehicles or in financial products. You have to understand what you buy and the seller is the least qualified to help you do that.

https://www.amazon.com/Reasons-Fail-Wall-Street-how/dp/1483913155

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

TrumpWorld

Goal: Trump brand around the world

Trump Jr promotes his properties during official visit to Saudis

You and I pay for Trump kids’ security and travel around the world

Trump boasts of highest TV ratings since ‘the World Trade Center came down’

‘Trump’ brand is all he cares about—it is all he knows. Trump vs America brand

He only reads the Intel that contains his name.

He pushes others out of the way for TV shot

We can’t stop watching his “apprenticeship for president” show EVERY DAY!

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

Two Americas

Trump is still just a contractor from Queens

Trump threatens FBI Comey with secret tapes Trump made of their talks.

Like mob boss, he asks Comey to let Flynn probe go, then asks for loyalty, then fires him, then threatens him. https://twitter.com/realDonaldTrump/status/863007411132649473

Trump illegally pushes 2 top Intel heads to help him with FBI probe

He supports traitor Flynn after firing him for lying in cover up.  

Trump is like Cosa Nostra who thinks he owns the town’s people and the Law.

Trump lawyered up to fight Russian probe by Justice – criminal and civil charges.

Trump agencies refuse Congress requests for ordinary policy info – dictatorship.

FBI to question a Trump WH ‘advisor’ Lawyer up!

Russia brags they could use Flynn to push Trump around. US Intel avoided giving Flynn intel. Trump tells Russians that Comey is ‘nut job’ he fired to be relieved of probe. Comey to testify. Trump thinks he is NOT being probed by FBI now.

Righteous Christian Pence gives “false witness” Lies More lies Vetted Flynn

Carrier sends those jobs Trump ‘saved’ to Mexico after all.

Flynn avoids jail—OK to ignore subpoena since McConnell not vote contempt.

Flynn defies Congress subpoena for docs—Lies about Russia pay for travel to gala.

Flynn paid to influence Trump and US national security plans. Some call it ‘treason.’

Which witch hunt?

Resign or impeach? Which is better for Trump brand? Most ‘mistreated’ president?

Trump’s old lawyer: Get tough private DC counsel now: comments cancel privilege.

Trump sees world differently. Turkey SS beat up Americans in DC and nothing said.

Russian agents paid for Facebook ads to spread damaging stories about Hillary?

Trump needs to watch other cable than Fox. No more Soprano’s reruns.

Trump thought he would be cheered for firing FBI to stop probe. He thinks Russia influence is normal business relationship. He respects only dictators. Won’t shake hands with Germany but Turkey’s thug Ok.

Bows to Saudi king for award/money. No more “Islamist terrorists”.

TrumpWorld – using presidency to make money the old fashioned way: Who you know.

Countries are running out the red carpet for Ivanka and Jared, new royals of America

Saudis buy $110 BILLION of weapons from Jared’s hand. Saudi’s funded 9/11 killings.

Weapons’ deal does not create American jobs so it only helps Jared.

Govt hotel with Trump name gives him way to earn from foreigners’ visits.

Trump pays back Icahn for casino bailout with $60 million energy reg change Amigo

GOP leader says don’t joke: Putin pays Trump. Rich Russians buy Trump property.

Wealthy Russians pay Trump manager Manafort off the books.

Book by Ivanka being pushed by our State Department—is this legal?

Trump travel set up by employee without security using govt devices.

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

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!

Trump allows Devon to emit 80 tons hazardous chemicals, benzene, a known carcinogen.

Recall 1.7 million vehicles Hyundai and Kia over engine defects

Yasuna Murakami, MC2 Capital, caught overstating returns for 50 ponzi victims

Complain to Trump about problems in Kushnerville MD owned by Jared.

Jeep hid emissions scam like VW to sell despite pollution. $4.6 billion fine?

GM hid emissions scam too. Lied and emits 6 times the legal limit. Fine $ billions?

Yates explains how to decide when your boss if wrong and protect yourself too. Courage.

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.

Who can view your credit report legally?

Reputable firms ask your permission first but lenders, employers, courts, police, and you can see your report entries legally. If they just look (soft pull) and don’t print it out, your report may not list their name. You can obtain all three free each year at https://www.annualcreditreport.com/index.action

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?

Chicago police to try de-escalation instead of shooting blacks, latinos. Will watch videos.

SCAMS:

Trump calls terrorists “evil losers.” Loser is Trump’s ‘worst’ person name?

Religious ETFs zero out firms that treat LGBT and family planning fairly.

Ignoramus Award:

Rapidly-growing banks of moss popping up around Antarctica and it’s “getting greener.”

Scientists have found that the pace of Earth’s sea level rise has nearly tripled since 1990.

GOP says “no way” and closes 4 Planned Parenthood clinics in IA

Commerce Ross impression of Saudis: not a single hint of protesters anywhere: Dictator

Ben Carson Calls Poverty 'a State of Mind' – blames govt for keeping poor, poor – if you take everything away from me and put me on the street, I would be “right back up there.”

How our government wastes our money:

We pay student loan debt collectors $38 for each $1 paid back  

We lost $1 Billion worth military weapons in Iraq—ISIS picked them up for free!

We buy weapons to support contractors not our service personnel.

Where have all the jobs gone?

Ten BEST jobs in 2017 with some over $70,000.

CA Hiwy1 Big Sur falls into the ocean

$10.75 min wage high point: 1968. Since then all down hill to $7.80 (2014 dollars)

Job interview will ask for your salary requirements. Answer: I will research the range.

Which job board sites are best for your job search?

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

Miracle:

Elephant killer killed by mother elephant after he killed elephants and other God’s gifts

Pope to First Lady: 'What Do You Give [Trump] to Eat?'  ‘You don’t want to know.’

The median home price in Los Angeles County has reached high set in 2007: $550,000.

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts 

Our "representatives" promote Socialism for the rich

GOP gives away the farm!

New farm subsidies (socialism) will cost US more than old formula

Would you like to sell a product and have a guaranteed profit whether the price you sell is high or low? If you don’t get the high price you asked for, taxpayers will pay you what you want. You can make the price go up by holding your product until there is more demand and prices go up. You and other producers can work together to make the price go up and if it does not, you get paid anyway. This is not the capitalism GOP raves about.

This is the new farm bill that will cost us more because conservative GOP voted more money. Most farms are large agribusiness firms that pay our ‘reps’ election costs and give them perks via their lobbyists. It’s Socialism for the rich, pure and simple. GOP in charge of Congress now?

Pay only your fair share: http://www.amazon.com/Your-Tax-Haven-Tax-FREE-Americans/dp/1482659441

Tax evaders may lose passport

State Department can revoke, deny or limit passports for anyone the IRS certifies as having a seriously delinquent tax debt in an amount in excess of $50,000. It could mean no new passport and no renewal. It could even mean the State Department will rescind existing passports.

Avoid paying tax evaders’ taxes: http://www.amazon.com/Tax-Free-Living-2012-strategies-build/dp/1477452702

IRS code used to avoid paying taxes

These suggestions may work for you even though they were written for the wealthy people who pay for the elections of our “representatives:”

Real estate investments can add cash using depreciation as expense. Oil and gas partnerships reduce tax. Passive income tax credits from §42, §47, or §48 partnerships. Charitable remainder trusts shift income to family. ‘Defective’ non-grantor trusts avoid state taxes. Use trust and estate distributions to shift income to lower tax brackets. These and other tricks lower your tax bracket from 39%. No one pays the bracket set for their income. You can now use your IRS account to avoid taxes like the wealthy:

http://www.amazon.com/Only-little-people-pay-taxes/dp/1478222441

GOP budget cuts Social Security benefits for our future to pay for wealthy perks above

GOP cut strategy called “file and suspend.” This meant one member of a couple files for benefits but then suspends them. This allows the other spouse to begin collecting spousal benefits on the other person’s earnings record. The suspended benefits of the first spouse then continue to increase by about 8 percent a year until age 70. You can still do this by April 30. GOP also cut the “restricted application.” Under that rule, a person files a restricted application and collects spousal benefits while his or her own benefits continue to grow until age 70. Applicants will have to turn 62 before the end of this year in order to take advantage of this strategy. For anyone younger, it is being eliminated. Do it now!

http://www.amazon.com/Maximize-Social-Security-Benefits-Retirement/dp/1495439224

GOP religion—carry gun for Christ—get them before they get you!

The Liberty University president told students that with more concealed-carry permits, “we could end those Muslims.”  “Let’s teach them a lesson if they ever show up here.”

U of Texas, Austin OKs guns in classrooms. 

This is NOT the Jesus in the Bible!

Sounds more like the Crusades in the Middle Ages.

GOP says terrorists CANT fly but CAN use guns.

 Police kill autistic 6 year old. States without restrictions-AZ, ME, AK, KS, WY.  

NYC will spend $20 million a year on unarmed security guards at non-public (religious) schools.

Synagogues and Mosques buy protection too, just like in Iraq. ISIS winning?

Get a loan with your phone habits and Facepage network

How you manage your social media is now the new credit scoring factor in granting new loans for some new age lenders. Some companies think they can predict your ability to handle loan payments by how often you charge your smartphone and how your friends repay their loans. “People are more likely to be better borrowers if they have friends who pay back their loans on time.” Crazy!

So if you can’t handle balancing a checkbook, you still have hope for that new car loan!

The top reality TV Show in America! New show on Dec 15!

Does our President need to be rational and truthful?

            NO, the new GOP is entertainment like Apprentice—fake calamity for money!

Trump: I’ll “go after the wives” of terrorists and do things to them you can imagine.

            Ban all Muslims until our ‘reps’ figure out what is going on"? They can’t!

            Will send 10,000 to ISIS-- "I'd knock out the capital" -- ISIS has no capital!  

            Random acts of violence against people who look Muslim break out in America.

            Opens new hotels for Muslims in Azerbaijan and Indonesia. Dubai takes down pic!

Carson: new health care -- raising the Medicare eligibility age to 70. Fewer to cover!

Christie: Signed gun control on terrorists in 2013; flopped over for the NRA support.

Jeb: Tax plan adds $7 T to debt and wealthy add 12% to their $ Billions.

Sanders: Western Illinois has correctly picked each president since 1975. He wins!

Hillary: Back on top with endorsements and GOP infighting.

Supremes on affirmative action—“I don’t see discrimination in segregation”

Scalia questioned the benefit of trying to include more minority students at the nation’s selective [white] universities. ‘Really competent blacks’ would win admission without special considerations, he said.” Lawyer Garre: “I don’t think the solution to the problems with student body diversity can be to set up a system in which not only are minorities going to separate schools, they’re going to inferior schools.” Scalia is saying that he does not see discrimination in segregating blacks in 2^nd class schools.  Born in Trenton, he went to Harvard, which used to keep Catholics out until 1893. Harvard claimed that Catholics had inferior educations at Jesuit schools.

Scalia is a racist and should be impeached. It has never been done!

Millions of voters living life watching video games

Millions spend a couple of hours a day watching others online playing video like League of Legends, World of Warcraft, FIFA soccer, Mario Kart, Minecraft, Guitar Hero, Grand Theft Auto, Farming Simulator (which is exactly what it sounds like), Poker, Destiny, Halo—and on and on. Young men are leaving TV for Twitch and YouTube.

Is this like our ancestors watching the public hangings in the town square?

Middle-class shrinks from 61% to 49%

America is income polarized—the top and bottom are growing. The share of Americans living in middle-class households has declined from 61 percent in 1971 to 49 percent.  “Nearly Half of All 25-Year-Olds Are Living at Home with Their Parents,” are topics of regular appearance. Back to the 1900 when families had to live together in smaller spaces on slave wages with no unions and no health care. “How the other half lives” http://www.loyalbooks.com/image/detail/How-the-Other-Half-Lives.jpg

We need regulation—GOP is wrong—companies would not fix bad products on own

Regulators: Madoff’s victims got $1.2 billion back; checks averaging $1.1 million each.

Tax evaders get break: GOP cuts IRS criminal division 21% since 2011.

Fiduciary rule: stops bank from selling you bad mutual funds

EOS CCA caught providing inaccurate information about debt to credit agencies. 

Fiat Chrysler caught not reporting crashes and deaths its cars caused for over a decade.

3.5 million Uninsured could get health coverage for less than new penalties.

Do you owe more than average debt?

Our debt is about $50,000 per adult person including mortgage, cars, education, cards, etc. More boomers are still paying for their mortgage than in the past. The average means there are many with low debt to offset those with huge debts. For instance, in NJ, an average mortgage of $40,000 means a lot of people don’t have one in order to offset the large number with a $300-600,000 debt.

Is your money frozen now?

Third Avenue Management took the rare step of freezing withdrawals from a $788 million credit mutual fund on Dec. 9. The firm’s assessment that meeting redemptions would be impossible without resorting to fire sales.  Investor withdrawals "are driving the high-yield market now more than anything. Institutions -- hedge funds and mutual funds -- are being forced to get out and unfortunately that’s pressuring the entire market."

Chasing yield has never been a good strategy.

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

HOW CONGRESS WASTES OUR TAX DOLLARS

Special Inspector General John F. Sopko has spent years documenting waste, fraud and abuse in the U.S. military’s efforts to rebuild war-torn Afghanistan. We have spent $110 billion on reconstruction projects in Afghanistan. When adjusted for inflation, that total exceeds the value of the entire Marshall Plan effort to rebuild Western Europe, WWII.

=More than $8 billion in spending on counter-narcotics efforts in Afghanistan that have “failed by every conceivable metric. Afgans grow poppies like we grow corn.

=The purchase of nearly $500 million worth of airplanes that never could fly and had to be turned into scrap.

=Construction of a building that literally began to melt when it rained.

A $500,000 health clinic that lacked water and electricity. Newborn babies had to be washed in a nearby dirty river.

Our ‘reps’ give big business a boost—HALF budget spent on killing machines!

“Major defense contractors Raytheon, Oshkosh, and Lockheed Martin assured investors at a Credit Suisse conference in West Palm Beach (last) week that they stand to gain from the escalating conflicts in the Middle East. The good news for the contractors is the latest budget deal authorizes $607 billion in defense spending. The budget deal in the making requires serious thought but the deficit will still rise because Bush tax cuts are not paid for and more companies are avoiding taxes.

Avoid paying for Washington’s bad judgment: http://www.amazon.com/Tax-Free-Living-2012-strategies-build/dp/1477452702

Congress spent weeks trying to cancel ObamaCare AGAIN

Instead of solving America’s problems, the House voted again (50 and counting) to repeal the plan that millions use for coverage. Since it is not perfect, the Senate joined them to vote for a repeal Obama is sure to veto. All this BS costs US about $500,000 in wasted time and fixed costs. All 400 plus reps earn $174,000 a year to raise money for their next election. Their staff costs over $100,000 plus too.

They all have great health care so they can afford to TAKE ours AWAY. 

Who owns your account now?

Deutsche Bank AG’s U.S. private-client to Raymond James.

SCAM

JP Morgan fakes customer complaint to fire broker who refused to sell Morgan’s bad funds. Fiduciary rule would protect us since broker is required to offer products that are best for us not firm.

Conspiracy to commit fraud?

Volkswagen began developing the software that let it cheat on 11 million U.S. emissions tests as early as 2005.

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts 

"Everybody is doing tax avoidance" Shay, Treasury

“Everybody has been engaging in cross-border tax avoidance”

So says Stephen Shay, former international tax affairs treasury secretary. Wal-Mart, Apple, Starbucks, and most of the largest 500 corporations owe US back taxes. Corporate share of U.S. tax receipts has fallen from 30% to under 15% as profits have soared since 1990. The Effective corporate tax rate is less than that for most OECD countries. This is why Greece got into its mess—few pay taxes in Greece.

Use your IRS S408 tax-FREE trust: http://www.amazon.com/Most-U-S-Corporations-Pay-NO-Taxes/dp/1514274116

We are giving up $800,267 by NOT using a simple investment plan

Get what you want with a simple financial plan in 5 steps. IRS §408 trust gives you a TAX-FREE nest egg of $993,413 when you invest $3,000 a year in a stock index for 33 years. Average investors earn just 3.69% when using a sales person and end up with $193,146.

http://www.amazon.com/Get-What-You-Want-FINANCIAL-ebook/dp/B010TR7U8I/

Could Medicare coverage beginning at age 50 help us live healthier longer?

Since 1965, people over age 65 are living longer with far lower rates of death from chronic disease. Medicare has evolved and improved along the way, adding home health services, hospice care and prescription drug coverage, just to name a few innovations. Medicare prevention-oriented resources at this period of greatest risk of disability due to cancer, heart disease and stroke, obesity and diabetes could reduce overall costs.

Long-term care options: http://www.amazon.com/Long-term-Care-Insurance-Updated-2013/dp/148274001X/

See why your doctor prescribes that particular medicine not the generic brand

Now you can see what your doctor REALLY makes—not from your insurer. Each script for each drug is worth BIG money. My gastroenterologist gets $91,226 just for writing scripts no matter what the cure. See why our drugs cost so much more than in Europe: https://projects.propublica.org/docdollars/

Medical debt collectors charged with unfair practice

Half of all overdue debt on credit reports stems from unpaid medical bills, and a substantial number of these bills are unpaid as the result of delays in insurance reimbursements, medical billing errors and billing disputes, according to the CFPB. "Don't necessarily trust the bills you receive," LaMontagne added. "Plenty of errors occur and you should make sure the bill is correct before you pay it." Ask for verification of bill to stop collector. Dispute credit report info. Many doctors changed insurers and never notified patients, sticking them with out-of-network charges. Sort of “bait and switch” that can be reported to the regulator: http://www.consumerfinance.gov/complaint/

Was your tax refund too big?

If you had a refund over $500, congratulations, you are giving the government a FREE loan. They will just waste it so give yourself a bonus and raise your allowances on Form W4 http://www.irs.gov/pub/irs-pdf/fw4.pdf. Give it to your employer so they will take out less each paycheck. Set up your legal Tax Haven at a low-cost Roth IRA trustee like Vanguard with the difference in pay. In one of Vanguard’s Top Ten, you could have a nice tax-FREE fund to buy your next vacation, car, emergency. It is like found money!

http://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

Small business credit worth $thousands

The maximum credit increases to 50 percent of premiums paid for small business employers and 35 percent of premiums paid for small tax-exempt employers.  Even if you are a small business employer who did not owe tax during the year, you can carry the credit back or forward to other tax years. Also, since the amount of the health insurance premium payments is more than the total credit, eligible small businesses can still claim a business expense deduction for the premiums in excess of the credit. That’s both a credit and a deduction for employee premium payments.

Get your money:  http://www.irs.gov/uac/Small-Business-Health-Care-Tax-Credit-and-the-SHOP-Marketplace

GOP crazies

Cruz wants a popular vote for each Supreme—overturn Constitution

Cruz said he is proposing a constitutional amendment to require Supreme Court justices to face retention elections every eight years. "The decisions that have deformed our constitutional order and have debased our culture are but symptoms of the disease of liberal judicial activism that has infected our judiciary," Cruz writes. "A remedy is needed that will restore health to the sick man in our constitutional system. Rendering the justices directly accountable to the people would provide such a remedy."

Trump verbalizes GOP hate of “them” groups

Trump calls Mexicans rapists & drug dealers. No GOP leader has denounced Trump so they must agree. Fox defends Trump remarks! (Germany in the 1930s?) Trump has sent many minorities out of the GOP camp with his announcement. NBC fires Trump.

Trump claims he was cheated by two Mexican businessmen in 2006-7 and he’s still angry: I will make Mexico pay for border wall. Conservatives cheer racism! Klan makes rally for July 18.

Christie cannonballed the GOP pool of contenders

NJ voters (4% approval) explain what he’s really like: http://www.gq.com/news-politics/201506/the-chris-christie-story    Local paper calls him a LIAR, with intent to deceive. May join Trump to “set Russia and China straight.”

Huck rejects Supreme’s decisions—Civil war again?

I will not acquiesce to an imperial court any more than our Founders acquiesced to an imperial British monarch. We must resist and reject judicial tyranny, not retreat. He wants to go back to white Christian rules of the 1950s.

GOP religion rules in TX, KY, TN—“pick the laws you want to follow”

TX told clerks that if they refuse to issue marriage licenses to same-sex couples or perform weddings because they conflict with their “religious” beliefs TX will help them fight their case if they face lawsuits. KY clerks cite religion to refuse licenses.

"No Gays Allowed" sign at his hardware store in TN because owner says "I don't want them around because their lifestyle.”  Owner says he is a “follower” of Christ who said, “love thy neighbor as thyself” and “I was a stranger and you did not invite me in, I needed clothes and you did not clothe me, I was sick and in prison and you did not look after me.”

GOPs return racists’ money but only after they are caught

GOP candidates Cruz, Walker, Santorum, Paul got funds from the new “white citizens council” and didn’t have a problem until the killer Roof’s rant out-ed them. The council’s influence runs deep in the GOP with Lott, Barbour, Huckabee, and recently, SC Gov. Nikki Haley. Southern “hospitality” lives! Money buys you influence. Flag still flies! Klan to rally support for flag of rebellion in July. Will Cruz Trump show up?

http://www.nytimes.com/2015/06/23/us/politics/views-on-race-and-gop-ties-define-group-council-of-conservative-citizens.html

Walker defies GOP and regulates manufacturing—Regulation is bad to GOP?

Walker signed a bill into law that bans the manufacturing and sale of personal care products containing tiny plastic beads that are known to pollute waterways.

GOP-led Supremes have become substitute for democratic decision-making

The Supreme Court ruled NO to Obama’s EPA rule on limiting emissions of mercury and other hazardous air pollutants mainly from coal-fired power plants, a setback for the government and a boost to GOP and coal stocks. Supemes know nothing about mercury!

Scalia condemns his own decisions as a Supreme ELITIST: “to allow the policy question to be considered and resolved by a select, patrician, highly unrepresentative panel of nine is to violate a principle even more fundamental than no taxation without representation: no social transformation without representation.” He is right! Why did he and Kennedy give Bush II the presidency in 2000 election when Constitution says voters decide? Cost us 5,000 lives and $4 Trillion so far.

Roberts condemns making public policy also: "Just who do we think we are?" “… that decision should rest with the people acting through their elected representatives, …”
 

GOP predictions of the end times—Ryan still wrong

https://www.youtube.com/user/LastWeekTonight

NRA calls itself a civil rights group like NAACP and ACLU. Really?

DEM crazies

Bernie has crowds but does not have a PAC. Without the support of a “super PAC,” his total seems small, but anywhere close to $10 million would be a very respectable total for a candidate who raised a total of $6.2 million for his 2012 Senate race. Elizabeth Warren isn't ruling out joining ultra-liberal Democratic presidential candidate Bernie Sanders on the campaign trail in New Hampshire. One question is whether this initial flood of donations represents the high-water mark or can be sustained.

Bernie can’t win—it took Obama $730 million to win in 2008.

Obama to give workers overtime like in 1975—but don’t count GOP out yet

The administration has the power to issue the regulation, which would restore the overtime salary threshold to roughly where it stood in 1975 in terms of purchasing power, without congressional approval. Republicans could, for example, attach a so-called rider undoing the change to must-pass appropriations measures later this year.

Avoid cars that lose value before they are paid for

You will not be surprised that these money pits are overpriced but some people buy them. Some are also on the list of the highest problems per 100 sold too.

http://www.popularmechanics.com/cars/g556/10-hot-cars-that-depreciate-like-a-stock-market-crash/?thumbnails

Worst car list: http://www.cheatsheet.com/automobiles/10-of-the-worst-cars-of-the-2000s.html/?a=viewall

Best used cars $13K and up: http://www.kiplinger.com/printslideshow.php?pid=13673

Third Man reopened in CA 7/3: Wells told director Carol Reed, "Carol, I can't work in a sewer, I come from California." So all the Vienna sewer scenes were done at Shepperton Studios. However, tourists, making "Third Man" tours of Vienna, have made its sewers quite popular. Closing shot: Sight & Sound magazine called a candidate for the greatest film finale ever. 

CR says new BMW, Audi, Subaru burn oil

Consumer Reports focused on 2010 to 2014 models and called on automakers to make repairs under the powertrain warranty or to extend warranties. Audi and BMW cars say that it's reasonable to burn a quart of oil every 600 to 700 miles. For a late-model car to burn a quart or more between changes is not acceptable, Rechtin said. Check models: http://finance.yahoo.com/news/consumer-reports-finds-newer-cars-101209204.html

SCAMS           Can we afford to keep 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 spending $8 million per HOUR on our wars in Iraq/Afgan

The War on Terror requires special forces attacks on top terrorists at their homes like Obama’s al-Amr May14 Abu kill. Iraq proved converting a nation to Western-style republic doesn’t work. The troops we trained ran away, left our stuff. Training and more stuff for what? 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.

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.

GM murdered 114 people but not even indicted

The official death toll from faulty ignition switches in General Motors small cars has risen to 114. GM has made “compensation” offers to 245 other victims’ families. NO ONE is going to jail despite the cover up!

“Imported” beer is really imported from St Louis where they make hype!

Whole foods costs whole lot more … because they admit cheat a whole lot.

Malcolm Segal, a Langhorne, Pa., Aegis broker was sued by the SEC for taking $15.5 million from 50 investors and using the money to buy a Florida condominium, vacations and other luxuries. Segal sold certificates of deposit to brokerage customers, claiming he could get up to 12 percent interest, according to the SEC.

BNP Paribas was accused of breaching fiduciary, contractual and legal duties, as well as gross negligence and negligent supervision, 

Who owns your account now?

Chubb to Ace with Geenberg scion in charge

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alert