Apple gets tax bill from Europe NOT US

Apple gets bill for back taxes from Europe not US

European Commission ruled against Ireland's tax dealings with Apple and Dublin will recoup back taxes. Apple and other corporations have been playing the “move legal address” game to avoid taxes in the US and other countries. The EU demanded $14.5 billion and said that a special scheme to route profits through Ireland was illegal state aid. "Ireland granted illegal tax benefits to Apple, which enabled it to pay substantially less tax than other businesses over many years," EU said. As of June, Apple reported it had left $214.9 billion in foreign subsidiaries so it pays only 10% to US. Many like Amazon, McDonalds and others hold cash oversees to avoid taxes which we must make up for. IRS dead. Thanks to budget cuts, audit rates have plummeted, especially for the biggest corporations, with armies of savvy tax accountants. Criminal tax prosecutions have nose-dived, too. No one fears tax man except working people. “Only little people pay taxes.”

Avoid paying their taxes: https://www.amazon.com/Americas-Socialism-for-Rich-little-people-pay/dp/1535218584

Is investing a fixed dollar amount each month right for you?

You can buy 100 or 1000 shares when your broker calls or you can set up an automatic fixed amount to invest every month. Which is better for you (not your broker) over time? If you are on salary, you need to fix your monthly expenses so you don’t overdraft when you spend. This chart from BlackRock shows you how to pay the least amount for a security or mutual fund share over time. Clearly you end up with more shares in a volatile market when you use “dollar cost averaging.” BlackRock also shows you why market timing is a Wall Street myth: you miss 5 days—you lose. Tell your broker to take a hike.

Think of all the commissions and fees you will NOT pay. Give yourself a bonus:

https://www.amazon.com/Funds-ETFs-Best-your-goals/dp/1537217267

Are you considering Target Date Funds?

When you decide to invest, the easiest decision is to buy Target Date funds from a large discount seller like Schwab or Vanguard. But which one? There are many choices of mutual funds so it is hard. This analysis by Mr Ping makes it easier. http://www.mymoneyblog.com/schwab-target-date-index-funds-review.html

He has laid out the options and costs. You pick a retirement date closest to your retirement target and you put all your contributions on automatic. You are done. There is no worry: No market-timing, rotation, or tax loss harvesting. It is all done for you.

And you can even make it Tax-FREE: https://www.amazon.com/Best-Robo-Advisor-Ultimate-Automatic-Management/dp/1537111957

Are Vanguard’s low-cost investments right for you?

Vanguard has saved investors $1 Trillion in fees and charges according to Bloomberg. That includes forcing the industry to reduce costs for all kinds of investments. Vanguard’s structure has made it possible to offer the Best for Less. The investors own Vanguard—there is no for-profit management company to pay. For instance, the head of Fidelity, Abigail Johnson takes home $ millions every year no matter how much she makes for you. She is now #16 on Forbes list with $15 billions. Her daddy "Ned" Johnson III did not do badly either from your fees. And her grandfather before either. Since cost is the best predictor of success in investing (not manager longevity), you may find their offers of index and managed funds, ETFs, and Target Date funds best overall. Plus, there are no commissions: https://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

Did your loved one leave you a life insurance benefit?

Like most people, you probably don’t know if there was one or not. It may be worth your time to find out. Even if it is 5 years old, you may still be able to claim the benefits. You need to find any records like check register or checks to an insurer or just their name and DOB and state. Use the Insurance Commissioners site to learn how to find it. http://www.naic.org/documents/consumer_alert_locate_lost_life_insurance_benefit.htm

The Commissioners are trying to make it easier, especially given the scandal 60 minutes created when they told us that insurers were pocketing many benefits themselves.

In case you want to know if you still need one: https://www.amazon.com/Life-Insurance-Need-Save-right/dp/1480002178

Vanguard reports the average retirement account toped $100,000

The average workplace retirement plan balance topped $100,000, having nearly doubled from 2008. However, because this includes some really fat accounts that push the average up, the more likely situation, the median balance, is just $31,396. This situation is also a result of the stage of the Vanguard participants. If most are just starting careers, the median reflects this. Many savers will have time to improve their situation if they use low-cost stock funds at Vanguard. Studies have shown that allowing their balance to compound without trading can double it every 7-9 years. Earning 11% in an index fund not 3.79% in a managed account can create a comfortable retirement egg and income.

It’s your money—Keep it: https://www.amazon.com/Win-Investment-War-Earn-11%/dp/1522916369

Kelly Blue Book picks best SUV under $25,000.

Full List is below. Remember, the 3-year-old version may be a better buy since they have usually worked out the recalls/wrinkles and 40% off discount with mileage under 50K. I just got a loaded 2013 Subaru Outback for under $21,000 (w/ tax title docs) with 54K miles and one owner. It has 100K-7 year warranty too.

1. 2016 Honda CR-V
2. 2016 Mazda CX-5
3. 2016 Hyundai Tucson
4. 2016 Kia Sorento
5. 2016 Subaru Forester
6. 2016 Honda HR-V
7. 2016 Toyota RAV4
8. 2016 Nissan Rogue
9. 2016 Jeep Renegade
10. 2016 Jeep Wrangler

Don’t forget to add the cost of insuring a NEW car: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

What will you do when Social Security runs out in 2034—17 years from now!

The Trustees project that the combined trust funds will be depleted in 2034, and we can’t count on GOP Congress to fix it. Many seniors will need to go back to work or ask their GOP-run state reps for a hand out. GOP does not like tax increases even to fight diseases like Zika—(they went on vacation). High income people do not pay SS taxes on pay over $118,500. Some intellectuals want to raise the retirement age to 76 so fewer collect. They advocate high-cost annuities to replace SS spousal benefits. So how can we prepare? We can save and invest for a rainy day, tax-FREE, like the rest of mankind. If you are near retirement, maybe you should reconsider. If you are going to take it SS now, check your options first.

Maximize your SS benefit: https://www.amazon.com/Maximize-Social-Security-Benefits-Retirement/dp/1495439224

Supremes ready to exclude black voters in NC—a racist court?

Because Roberts, Kennedy, Thomas and Alito were willing to overturn NC court’s voiding of voter suppression measures to exclude blacks from voting, Scalia is being missed by GOP leaders today. Scalia would have sealed black voter suppression in NC and perhaps other states. Supremes would overturn a unanimous panel of the 4th Circuit on July 29 who agreed with allegations from the Justice Department and civil rights groups that North Carolina’s bill selectively chose voter-ID requirements, reduced the number of early-voting days and changed registration procedures in ways meant to harm blacks." The Richmond U.S. Court of Appeals found the NC law unconstitutional. “Upon receipt of the race data, the General Assembly enacted legislation that restricted voting and registration in five different ways, all of which disproportionately affected African Americans.” NC changed vote law after the Supremes decided a Voting Rights Act void.

The Supremes (with Scalia) would have found discrimination constitutional.

Don’s Apology?: “Sometimes in the heat of debate, and speaking on a multitude of issues,   you don't choose the right words or you say the wrong thing. I have done that." 

Hill’s Apology?: “I just followed advice of Colin and other Sec. State before me.”

Don:    Citibank says if I win it will “cause global recession”—we need bank shakeup!

            My doctor wrote exactly what I needed him to write—I will be greatest prez ever

            I asked the Hannity mob whether “criminal” immigrants get deported. What?

            I told you it’s fixed: foreign hackers have broken into two state election databases

            That 1973 discrimination suit was a long time ago and I admit nothing in consent!

            Joe Scarborough gets no interviews since using this tweet: #AmnestyDon

            I met with Mexico to get the Wall started—they pay so they build on their side?

            Mexican pres has compared Trump's "strident rhetoric" to Hitler and Mussolini's.

            I don’t want to be president, just “listen to my meaning.” I just used $55,000 in campaign donations to buy copies of my book at full retail price. Boost my book ratings.

Mike:   Don has been "absolutely consistent" on how he'd treat undocumented immigrants

            Press: I gave $24 million to 10 companies that offshored jobs; I lost more IN jobs

            Yes, Don’s plan means even a Texas high school valedictorian would be deported

           

Hill:    Don is moving toward “path to citizenship” no wall, no deportation, no plan.

            I only used a few tax dollars to pay for my server and foundation—no big deal!

            Don hired attack dog Bossie to come after me again—more mud slinging!

Tim:    Don has 120 foreign deals going—how can he deal China if he owes them?

            Don may be house rich, cash poor: we don’t know his real creditors/obligations.

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!

Investment firms caught making false claims on AlphaSector ETF—Never beat Index

TX judge: 3 professors can NOT ban guns from their classes--but more guns=more death

GM switched to Takata air bags to save money and killed 14 knowing less stable inflator

Both United pilots drunk caught after crew alerted police before takeoff—Scots law too!

Caldwell International Securities TX caught letting brokers churn customer accounts

Texas’ attorney general has sued a TX county that tried to ban guns from its courthouse. 

SC killed millions of honey bees as part of a spraying program to kill Zika: who’s boss?

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

Police want gun control.

When everyone has guns; your chance of being killed goes up. Police don’t know who to shoot if you and robber has gun. They Shot a psych worker with his hands up while on ground. Police shot black homeowner who reported car stolen in front of house. No “shout out” “police” since homeowner has gun. They shoot first if black or deaf. Deaf man was fatally shot when he tried to explain in sign. An Oklahoma mom was arrested after she shot a man she found in her 16-year-old daughter`s bedroom. OK Police pepper spray NOT shoot 84 year old mom who didn’t move fast enough in HER home. 11-year old shoots another 11-year old playing at home with adults’ gun. Smart guns can only be used by owner but banned in states by NRA. Guns kill people.

SCAMS

GM knew Takata air bags were dangerous and still killed 14, injured 100s—GM liable?

Takata airbag parts exploded on a Texas road killing 1 person nearby—powerful airbags!

Don’s Wall is useless: Mexico police found hidden tunnel from Sonora to Arizona

EpiPen now reformed and wants $300 “in several weeks” instead of $600

Koch pushing GOP to stop govt from staying open: another costly govt shut down 9/30?

Cinema where 12 were shot claims survivors owe $700,000 because they sued Cinema?

Ignoramus Award: Weiner with his son! in bed sending Xpictures public—needs cure?

How our government wastes our money

$400 billion F-35 fighter jet is the future it’s official testers have many concerns.

$36 B: “it was clearly premature to include so many unproven technologies" on carrier.

$18.3 million stolen by Patent office workers: covered by management and no jail time!

SC killed millions of honey bees as part of a spraying program to kill Zika: who decided?

Where have all the jobs gone?

Drones now patrol tracks looking for cracks/breaks/repairs and verify insurance claims

Mike Pence: I gave $24 million to 10 companies that offshored jobs; I lost more IN jobs

What happens when the paying jobs Trump promises to come back don’t come back?

1,100 $16.10 jobs KY making electric motors to $1.75 Mexico—Trump restores job?

Walmart automates: 7,000 back-office jobs in accounting and invoicing positions to sales

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts 

Don takes credit for other people's money

Don takes credit for other people’s money so as President …

Last year, Don took credit for creating a golf course he does not own, did not pay for and yet gets all the fees from. “I want to thank my family because they put up with me,” Trump told the crowd. “They say, ‘He’s crazy, he’s got to be crazy.’ But we knew we could get it done.” Don’s company manages it for the city, whose taxpayers spent $127 million to build it in an old Bronx garbage dump. Don got 20-year deal to keep almost all the fees. Taxpayers get the utility bills. Don got $8 million in revenue while taxpayers covered $1 million in water and sewage bills. He claims the course in his net worth. His election video claims he “transformed a landfill into a championship public golf course and saved the city millions.” As Prez, Don will do Don’s deals and we will pay tax bills.

Don’s deals give us a view of the new America. https://www.amazon.com/Americas-Socialism-for-Rich-little-people-pay/dp/1535218584

Does market timing provide higher returns?

BlackRock, the index trading firm, found that if you were out of the market just 5 days over the last 20 years, your $100,000 investment would fall from $478,171 to $317,215. That is 5 of 7300 or 0.06849315% of the time. It costs you $161,000! Or about 33% of your gains. And it you let it ride on the index, your ½ a million will double in about 7 years.  It is TIME in -- NOT timing the market that counts. Market timing requires you know exactly when to get out and ALSO when to get back in. There are simply too many unknowns for even the biggest computers and minds to figure the market ups and downs. There are so many ETFs that even when they make money, they’re unprofitable: they close. And when they do well, less than half of them do well the next years. So when your advisor tells you it is time to buy or sell you can point out a BlackRock fact. That will impress them and you will be richer and won’t need their advice anymore.  

Funds or ETFs: Best for your goals? https://www.amazon.com/Funds-ETFs-Best-your-goals/dp/1537217267

GOP wants BIG govt help for themselves but not for others

GOP voted against Sandy help for NY and NJ but wants govt money for own state

These Louisiana politicians are demanding flood aid but voted against Sandy relief. VP Pence was against AIDS needles for other addicts but FOR needles for his own state. GOP states are voting to change the Constitution to suite their own private politics. Koch Bros, who helped pay for GOP dominance, claim they are against gov subsidies but take them for themselves. Koch has pushed KS to cut schools, roads, staff and now no company wants to live there. Koch got tax break. Congress people vote against insider trading for us but allow it for themselves and get rich. GOP voted to shut down the government and it cost us $ 24 billions BUT they got paid. TX judge tells all states not to follow Obama’s bathroom policy. Don is or isn’t backing off his stance on deporting 11 million. We deported 235,413 people last year; 409,849 in 2012. Don’s group says he will need 90,000 new agents and 1,250 new courts and judges at $300 billion. Plus their labor worth $1-trillion is lost. GOP never pays for their ideas, like deregulation. It will cost $300 billion to fix GOP’s Flint water-saving idea. GOP says US must pay: https://www.amazon.com/Americas-Socialism-Rich-little-people/dp/1535218584

What is the Ultimate Automatic Wealth Management account?

Fidelity found that their client accounts that were most successful were those put on automatic—left alone—forgotten. “The stock market is a device for transferring money from the impatient to the patient.” Warren Buffett claims that his holding period is forever. He advocates compounding (allow earnings on earnings to grow exponentially): "My wealth has come from a combination of living in America, some lucky genes, and compound interest." Robo-advisors work because money does NOT trade, rebalance, market time, buy high-sell low or sector rotate. It compounds exponentially. Besides you might end up with a “boy genius” broker that Morgan Stanley “neglected” until too late. One client lost $700,000 life savings and arbitration awarded her $150,000 refund.

$9 a day and time is easier to earn $1 million! https://www.amazon.com/Best-Robo-Advisor-Ultimate-Automatic-Management/dp/1537111957

Is a hedge fund right for your pension?

More than 80 percent of investors redeemed at least a portion of their money from hedge funds in the first half of 2016, according to a study by Credit Suisse Capital Services. Underperformance by specific hedge fund managers was responsible for 53 percent of those redemptions, according to the study. Brevan Howard Asset Management last year cut 50 jobs because of losses. John Paulson rose to legend-status when he earned a reported $4 billion betting against subprime mortgages during the financial crisis. But now, from 2008 to 2016, hedge funds have averaged 2.5 percent. And the low-cost Vanguard balanced fund has averaged 9.96%. High-cost hedge funds are competing against themselves and you are better off with market returns of 10-12%.

https://www.amazon.com/Win-Investment-War-Earn-11%/dp/1522916369

Is taking Social Security benefits EARLY right for you?

Yes, you can start your benefits early but you lose 25% for the rest of your life. You can’t reverse the decision so you need to meet with your local office and your financial advisor before deciding. This website has helped some http://www.myretirementpaycheck.org/ and you should read your statement at https://www.ssa.gov/myaccount/. Waiting past your official retirement age (67+) bumps up your benefits each year. If you still work past this age, your wages may increase your later benefits. Generally, the calculation is based on your highest years’ incomes. This is why all the fireman and police work overtime during their final years. It adds to their pensions too. If you work after retirement SS reduces benefits: If you go back to work before reaching your full retirement age, $1 in benefits will be deducted for every $2 you earn above the annual limit (which is $15,720 in 2016). EXAMPLE: You retire early and go back to work before you reach your full retirement age. In that time you earn $30,000 in salary. Because you are $14,280 over the annual limit, your Social Security benefits are reduced by $7,140.

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

Don’s Apology?: “Sometimes in the heat of debate, and speaking on a multitude of issues,   you don't choose the right words or you say the wrong thing. I have done that." 

Hill’s Apology?: “I followed advice of Colin and other Sec. State before me.”

Don:    “You’re living in poverty, your schools are no good, you have no jobs, 58 percent     of your youth is unemployed. What the hell do you have to lose?” Vote for Don, bigot

            Don’s team: Hannity “I never claimed to be a journalist.” Fox news is not news.

            Pollster Conway: “I am white and he spoke to me.” But I’m paid to say that!

            My plan for a “deportation force” is “to be determined,” my handlers say. ??

            Trumps “pretended to be Swedish so we could sell homes to Jews.” Family historian

            I was against bringing Americans home to get well from Ebola. I want no spread!

            I will give other people’s money to the LA flood I know media is watching now.    

            People give to Trump Foundation to get access too—I give to Clinton too.

            I want black votes?  but I refused to go to NAACP convention. I was birther head.

            My advisor Bachmann: “white people suffered more under the Obama             administration than black people did during slavery.” She’s GREAT advisor!

            I don’t want to be president, just “listen to my meaning.” I just used $55,000 in campaign donations to buy copies of my book at full retail price. Boost my book ratings.

Mike:   It is the media’s fault for the drop in polls. Putin OK. Only 32% GOP trust media. 

           

Hill:    Colin Powell advised me to use a private email account, I told FBI. Powell ?

            Liberty and Greens may again create a better monster: (Nader gave us Bush II)

            I have 2-to-1 support from employees working for defense giants. Bigger guns! 

            Wealthy donors get access to high officials every day—that is called politics.

Tim:    Bigot is person who is strongly partial to one's own group, religion, race, or             politics and is intolerant of those who differ. EG: All ‘Mexicans are rapists.’             ‘Keep Muslims out of America.’ ‘You are all living in poverty’. Etc etc.

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!

MorganStanley caught charging its own employees $ millions in excess fees in 401k.

Wells Fargo caught charging students illegal fees and other things on loans

Arctic sea ice melting at a rate far faster than anyone thought. Constant floods, wildfires?

EpiPen raises price 600% so Sen Manchin kid, Heather, gets 671% pay hike. 1-payer?

Single-payer either Mylar or Govt—like fire, police, health is necessity not for profit.

TX students carry illegal SEX toys to protest legalized concealed handguns in class.

First National Bank Omaha caught deceiving consumers into debt cancellation add-on. 

NJ Christie vetoes legislation just to allow smart guns to be in stores—NRA owns NJ

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

When everyone has guns; your chance of being killed goes up. Police want gun control. They don’t know who to shoot. Shot a psych worker with his hands up while on ground. 

Police shot black homeowner who reported car stolen in front of house. They shoot first if black or deaf. Deaf man was fatally shot when he tried to explain in sign.

SCAMS

MorganStanley putting its employees in funds costing them $ millions in excess fees.

McMansions define Ugly in new way—Bad investment—home is never investment!

EpiPen raises price 600% and blames Obama—favorite excuse of all monopoly gougers.

July was the hottest month ever recorded and this year is likely to be the hottest year ever.

Prosecutors and witness lie to convict innocents all the time. DNA proves NOT guilty.

Ignoramus Award: US Olympians show how to lie after destroying restroom in Rio—                                            America great again? Lock Lochte in toilet till he cleans it!

                                    Speedo donates Lochte’s $50K to Save the Children

Sign of the times

Hollywood execs sent Mel Brooks a note about Blazing Saddles: “Can you reshoot Black Bart with a white actor?”

How our government wastes our money

Army made bad accounting entries worth $6.5 trillion for the year. That’s $300 a family.

Zika threat ignored by Congress just like AIDs. It cost us over $440 billion eventually!

            Plus all the babies will never have a chance for full life. Shame on congress.

Nuclear accident will cost $2 Billion to clean up—AECOM used wrong chemicals.

Who owns your account now?

MetLife life and annuity move to a ‘spin’ off “Brighthouse,” Met’s choice to avoid regs.

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts

Don wants to cut taxes for rich to 15% while we pay 33% total

Don’s new tax idea—let the rich pay 15% not 40% using LLCs

You need to open an LLC soon so you can push all your income from self-employment through it. Don has proposed to tax individuals’ income from partnerships, limited liability companies and other so-called “pass-through” business entities at a 15% rate. Currently, LLCs do not pay tax but pass the income to the owners. They pay at their rate up to 39.6%. This will help Don since he uses hundreds of LLCs to reduce taxes. All of his expenses go against revenue so he ends up paying ZERO, as he did in 1978-79. His 1978 income was negative $406,379. ZERO tax. The next year, it was negative $3.4 million. ZERO tax!

More than two-thirds of pass-through income flows to the top 1% of tax filers. Like Don they charge everything (hair stylist, wigs, sprays, etc) to the business. Don’s jets and choppers cost $500,000 for 3 months charged to his LLC businesses. The campaign paid for part of it. He made few deals this year so his tax bill should be NEGATIVE—ZERO taxes. We will probably have to pay him a tax refund. America’s Socialism for the Rich means they pay 15% and we pay 33%.

Avoid paying the taxes the rich don’t pay:  https://www.amazon.com/Americas-Socialism-Rich-little-people/dp/1535218584

Best Robo-Advisor – Reach Your Goals automatically

The Ultimate Automatic Wealth Management account. Fidelity found that their client accounts that were most successful were those put on automatic—left alone—forgotten. “The stock market is a device for transferring money from the impatient to the patient.” Warren Buffett claims that his holding period is forever. He advocates compounding (allow earnings on earnings to grow exponentially): "My wealth has come from a combination of living in America, some lucky genes, and compound interest." Robo-advisors work because money does NOT trade, rebalance, market time, buy high-sell low or sector rotate. It compounds exponentially.

$9 a day and time! https://www.amazon.com/Best-Robo-Advisor-Ultimate-Automatic-Management/dp/1537111957

Are our cars eating up our retirement nest eggs?

Edmunds.com found the average loan price for a new vehicle was $33,352. That makes the average payment $503 a month over 68 months! Since compound investing is NOT taught in our schools, we didn’t learn cars can cost us a $1 million retirement fund. How? Check it out:http://www.moneychimp.com/calculator/compound_interest_calculator.htm. $500 X 12= $6,000 annual addition, 30 years, 10% interest rate, 12 times compounding. If you begin late—age 40 or 45—you can still accumulate $1 million. You’ll need it. Retirement may go on for 30 years after you stop working. A special IRS account lets you spend it all too.

Use your Tax Shelter for Tax-FREE income: https://www.amazon.com/Tax-Shelter-Americans/dp/1500426520

How does muni bond interest (tax-FREE) increase my Medicare charge?

To keep the wealthy from getting another free ride, Municipal Bond income is included n your modified adjusted gross income. If your MAGI is below $85,000 (or $170,000 for couples filing jointly), you pay $121.80 each month for Part B. As your MAGI goes up, so does your payment, which tops out at $389.80 for individuals with MAGI of $214,000 (or $428,000 for couples filing jointly). Your MAGI is used to figure other tax breaks too. When your income goes up, so does the taxable portion of your Social Security benefits. Up to 85% of your SS benefits may be taxes by the Fed. Some states tax it too.

Your Tax-FREE account can lower all your taxes: https://www.amazon.com/Pay-No-Taxes-Retirement-legally/dp/1507527977

GOP to reinstate anti-black anti-minority voter laws

Gov McCrory wants to reinstate North Carolina’s voter ID law despite court finding it “passed with racially discriminatory intent.” Other states have faced similar court rulings over voter restrictions, as courts have blocked or weakened laws in Texas, Michigan, Wisconsin, Kansas and North Dakota recently. The courts found that GOP laws reduced the number of early-voting days and changed registration procedures in ways meant to harm blacks. Trump recently told supporters to stop people who they see voting 10 times. “I’ve heard a lot of bad things.” Voter fraud has never been proven in any state election site in decades. GOP and Don are using this as tactic to reduce Dems. Scaring voters with his immigrants are rapist talk would not reduce terrorists since most are from USA. Don would probably fail the naturalization test since he does not read. The Gold Star father challenged Don to take the test with him. Don and wives might fail.

Time to install single-payer health care?

Aetna is the third major insurer to pull out of the money-losing ObamaCare. Perhaps America can’t afford to have for-profit health care. We like some of ObamaCare benefits like affordable, acceptance, comprehensive, free screening, and preventive care. Extending Medicare Medicaid would not require a new bureaucracy. Medicare Advantage works for over 12 million seniors using local providers. Private insurers will want higher profits and will continue to determine how much medical treatments I can receive. It’s the perfect conflict of interest: they decide my health care—less for me equals more for them. You must become an expert in health to buy the right policy now.

https://www.amazon.com/Health-Insurance-ONLY-right-policy/dp/1480125083

Why life insurance is NOT a safe legacy for heirs

Agents selling life insurance make the case that if you pay all this money during your lifetime, your heirs will get the benefit when you die. But insurers have a trick. When you die, even after you have had to pay more premiums for low interest rates, they don’t have to pay the death benefit. If your heir does not make a claim insurers don’t pay. Either you pay for a lawyer to remember to file the claim or you switch to the alternative to life insurance. The most well known insurers have kept $ Billions in premiums and benefits. Your heir may never get the death benefit. 60 Minutes exposes this legal ‘crime.’

A better way to buy a Legacy: https://www.amazon.com/Life-Insurance-Need-Save-right/dp/1480002178

Don’s Apology: “Sometimes in the heat of debate, and speaking on a multitude of issues,     you don't choose the right words or you say the wrong thing. I have done that." 

           

Forget I said all this:

Don:    “Second Amendment people, maybe there is” a way to stop Hill (with gun?).

            Don’s manager paid by Ukrainian pol slush fund: helps Putin invaders?

            Ivanka supports working women although her business does not.

            I screen out individuals who don't "share our values and respect our people." 

            Vote for me so I won’t feel bad: "Can you imagine how badly I'll feel if I spend       all of that money, all of this energy, all of this time and lost?" I, I, I ?

            Best deal: I got Christie to accept $5 million for my $30 million tax debt.

            Extremist Breitbart’s “alternate reality is created for him on a daily basis”

Mike:    Sure, I will show my tax return. Why not?

           

Hill:    Don’s advisor said I “should be put in the firing line and shot for treason.”

            I think Don just asked the gun nuts to kill me. Some will try. Is this his exit?

            This election is like 1964: https://www.youtube.com/watch?v=uO0R4k1tVMs

            Joe says Don considering: https://www.youtube.com/watch?v=U-VzZQGWOqA

             In 2006 I promised 200,000 jobs to upstate NY. It’s hard to create new jobs.

            Bill will shut down his money machine if I am pres—he will find other deals.

Tim:    "I trust Hillary Clinton with our son's life."

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!

Your life insurance benefit may NOT be paid: all major insurers keep $ Billions

John Place Global Transition Solutions PA caught overcharging $13 mil commissions.

Michael Oppenheim Chase stole $20 million from clients then lost it trading.

Wear a strobe! Uber driverless cars fetched with a button. Pittsburgh pedestrians beware!

Amtrak Police Chief Polly Hanson caught giving $1 mill contract to boyfriend Thomas

Russia contributing to Trump PACs via Manafort slush fund. Putin hacking voting stats?

Sandy Winick, Vergara or Cheer caught "penny stock fraud” boiler room of $140 million.

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

When everyone has guns; your chance of being killed goes up. Police want gun control. They don’t know who to shoot. Shot a psych worker with his hands up while on ground. 

SCAMS

Very religious TX woman was convicted of keeping two Mexican slaves for 14 years

Global warming is understood by most school children but not oil rich adults.

Federal inmates making defective combat helmets for the U.S. military—manager?

Ignoramus Award: SS admin required seniors to obtain a smart phone to receive text message in order to access their SS account. Complaining changed SS procedures back.

How our government wastes our money

Our taxes pay for big oil and gas to buy our reps more lunches and give more subsidies.

  

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts

Don can't release taxes--zero paying hurts image

Don can’t release his tax returns since it would hurt his image

Don says he is audited every year. “I have friends that are very rich and never get audited. I’m audited every year. Maybe that’s because of politics, who knows.” He is audited every year because he has questionable deductions that zero out his tax bill. His biographer, David Cay Johnston shows his habit since he began putting his name on buildings in Atlantic City. https://www.amazon.com/Making-Donald-Trump-David-Johnston/dp/1612196322 He is proud of paying as little as he can. “I fight very hard to pay as little tax as possible.” That could be ZERO and could explain why he refuses to come clean with his voters. “It’s none of your business.” Yet every president has NOT hid their financials in case there is a conflict. We can only assume there is a conflict and Don is just as surprised as the world that he is the nominee and must disclose. We are passed the convention, so no one will bother him now. He is the GOP winner already.

You can avoid taxes using a legal tax shelter:  https://www.amazon.com/Tax-FREE-Wealth-How-use-laws-free/dp/1475089236

Advisors are NOT being paid to help you anymore

Serving clients "used to be about prestige, now it's about margins," said Jane Swan, Sheffield Haworth. Clients with less than $750,000 are now being sent to call center service. Advisors are using the new fiduciary rule as the excuse to jettison the un-rich. Firms have increased the number of clients with over $10 million to invest by 88 percent since 2009. Merrill stopped paying brokers on accounts with less than $250,000. Call center service is so profitable, some with margins over 45%, some firms are taking a second look at what discounters are doing. RoboAdvisors are happy to take mass market investors. Their customers see they can get Wall Street’s Secret Sauce for less. 

Use Wall Street’s Secret Sauce:  https://www.amazon.com/Wall-Streets-Secret-Sauce-Big-Long/dp/1536845248

Why life insurance is NOT an investment

Agents selling life insurance can’t make money selling term (if you die your heirs get the benefit) so they sell it as an investment. But when interest rates tank and are underwater for long periods like now, the investment portion can’t support the death benefit. Either you pay more to keep the CEO in caviar or you quit and he keeps the premiums and benefits. Same for long term care. Insurance is for premature death; it isn’t a legacy.

A better way to buy a Legacy:  https://www.amazon.com/Life-Insurance-Need-Save-right/dp/1480002178

Why are young investors using Roth IRAs?

At the end of 2014, 31 percent of Roth investors were younger than 40, compared with 15 percent of traditional IRA investors.  About 25% of Roth IRA investors were 60 or older, compared with 39% of traditional IRA investors. Roth IRAs are newer than IRAs. Older investors started their IRA accounts before 1997. Younger investors are more likely to need the tax-FREE benefit later rather than earlier in their careers. With a tax deductible IRA contribution of $5,500, they save $1375 on taxes (25% tax bracket). But if they compound the earnings on that $5,500 over 30 years, they save over $25,000 on taxes. They can spend the full $110,000 accumulation. Fewer firms are matching their 401k contributions and who knows about the SS fund by 2040. In 30 years, they may need every penny of their nest egg.

They have their own IRS-OK tax shelter: https://www.amazon.com/Tax-Shelter-Americans/dp/1500426520

GOP religion

Everyone is reaching for their Constitution after Khan offered his to Don at the Dem convention. However, the version Clive Bundy promotes is not the same one. Some constitutional scholars say that a number of quotations in the NCCS version are either deliberate alterations or taken out of context. The NCCS changes stress that the U.S. is a Christian nation not intended to be ruled by a single government. For some, the Federal structure has no legal standing and America is a Christian nation. However, most Americans pay taxes because Congress passed laws on the basis that Federal supersedes state law. They think America has no state religion. Read the official version: https://www.gpo.gov/fdsys/pkg/CDOC-110hdoc50/pdf/CDOC-110hdoc50.pdf Get copy:

Library of Congress. http://library-of-congress-shop.myshopify.com/products/three-documents-of-freedom-1 There is no word “Christian” in it. Print the FREE one here: http://www.archives.gov/exhibits/charters/constitution_transcript.html There are many interpretations of what it says so everyone gets to claim they are “strict constructionists” and “originalists.” It is clear that this country was founded on religious freedom but not the kind GOP religionists are trying to make law. Mr Kahn’s point is that we can’t exclude someone based on religion or sex or color. Jefferson was clear to keep religion out.

Don and the GOP are wrong—we don’t discriminate against people we don’t agree with.

           

Why are Christians voting for Don? Does the long record of Don’s business practices align even remotely with the ideals laid down by Jesus? How would Jesus respond to this record? Is it possible to imagine Trump repenting of anything? “Beware false prophets who come to you in sheep's clothing, but inwardly they are ravening wolves.

By their fruit you will recognize them.” 

Don does not really want the responsibility of president—he just loves the spotlight.

Trump’s image is basically unchanged from a month ago. He’s viewed favorably by 36 percent and unfavorably by 61 percent. Still the election could be close since only the ardent vote.

Is the election rigged?

We have not had the election yet so Don is remembering all the GOP gerrymandering and voter suppression we have had in the last 8 years. GOP states have made laws cutting the voting days and times and places and voter cards. 90-year-olds don’t have drivers license anymore since can’t drive. They have claimed mass voter fraud when no state has proved it. GOP states have redrawn the voting districts so that all the minorities are in one district and the other 15 are GOP strongholds. They have one rep in DC not 7 as per population. This is why the House is now full of GOP reps who 1. shut down gov 2. end all regulatory agencies, 3. allow AR killing machines for ISIS to buy. 4. vote 50 times for repeal our health access without replacement. 5. give more subsidies to big air, oil, gas, agribusiness, etc. 6. allow insider trading by Congress people. 7. bailout bad banks  

Don sees America’s Socialism for the Rich https://www.amazon.com/Americas-Socialism-Rich-little-people/dp/1535218584

Don:    Former CIA chief Morell calls me Putin’s “unwitting agent.” “Putin likes me”

            I never apologize: "…when you apologize, they use it … against [you].”

            I know Obama founded ISIS because I read it on the internet. BushII?

Mike:   Of course Don is not manipulated by Putin. Don loves praise from ANYONE.  

           

Hill:    This election is like 1964: https://www.youtube.com/watch?v=uO0R4k1tVMs

            Joe says Don’s thinking: https://www.youtube.com/watch?v=U-VzZQGWOqA

            Don called me “founder of ISIS” not devil—Bush II has that title!

            FBI said some emails were not clear on marking Secret—I did not intend crime.

            FBI own agent gave China secrets and knew it. That is crime.

Tim:    "I trust Hillary Clinton with our son's life."

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!

Merrill Robertson Jr. Cavalier Union caught defrauding elderly, coaches, promised 20%.

Ray Lucia barred by SEC: giving false information on inflation REITs in “Buckets”

Russell K. Jalbert, Jacob Keith Cooper, Terence Marable, Beverly Bailey lose CFP cert.

Patrick Evan Churchville ClearPath caught making Ponzi to buy RI mansion.

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

When everyone has guns; your chance of being killed goes up. Police want gun control. They don’t know who to shoot. Shot a psych worker with his hands up while on ground. 

SCAMS

Cold war toxins come back to kill us from global warming—great movie but TRUE

Ignoramus Award: Driver Pulls Over Trooper For Speeding, Gets An Apology in TX?

“We're paying them for a service. We have every right to question their behavior.” ???

How our government wastes our money

Our taxes pay for big oil and gas to buy our reps more lunches and give more subsidies.

Who owns your account now?

Robo-Advisors are being bought by the firms--Look before you leap.

Our next book: Best Robo-Advisor: Ultimate Automatic Wealth Management  

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

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