What to do if your investment account is down?

 

What to do if your investment account is down?

Hey, everybody has “lost” money in this market—on paper. Do what the Fed is doing with its $330 Billion “loss:” Fed carrying $330 B in unrealized losses on its assets according to Q1 financial statement. DO NOT SELL. If you need some cash before the market rebounds, sell $3,000 in down securities. You can deduct this amount against your other income on your taxes. You can avoid the two KILLERS of wealth accumulation—taxes and fees. Life is not without emergencies so wise investors have funds they can always tap if needed. Your paper “losses” can be overcome by waiting. Since 1871, the stocks in the broad market have maintained an annual return of 11%—a real return of over 9%. Unless you are a market timer, hold your assets like the Fed. Assets will again provide you with a long-term positive return. No one knows how long but if you sell you will definitely suffer a long-term loss of years of 11% accumulations. Don’t watch acct!

Use your “Go-to-Hell” fund: https://www.amazon.com/Your-Go-To-Hell-Fund-goes-hell/dp/1492325627

 

What to do if you don’t have a tax-advantage account at work?

Folks with 401k or 403b at work get to defer taxes by lowering their taxable income. They pay the tax on this income and the earnings on this income when they retire after age 72. Some employers even give them money to contribute. But many people don’t have this offer. Actually, those who don’t have a plan at work can get an even better deal—a tax-FREE retirement plan. By paying tax immediately, your contributions and their earnings can be completely free of federal and state income taxes. You can spend all your nest egg with no taxes. This also means your Social Security benefits (usually taxed up to 85%) may be tax-FREE too. Example: contribute your tax refund (averages $3,000) each year for at least 34 years and never pay tax on over $1 million. Warren Buffett is your advisor. You can spend the $102,000 contributions and the $919,768 earnings with no taxes. Even if you have a plan at work, you can use this IRS-OK account too.

https://www.amazon.com/New-American-Retirement-System-Reserve/dp/1461030072

 

Show your kids, grandkids how to build a $1,000,000 tax-FREE nest egg

Show them how to build a nest egg from the savings on all the financial services they buy. Most people waste $3,000 a year on overcharges. Our financial industry Insiders show you the "tricks of the trade" so you save up to $3,000 every year on banking, mortgage, education, 401k mutual funds, securities, annuity, insurance-life, health, disability, long term care, vehicle, homeowner's, lawsuit--vehicle purchase, estate legacy, wealth transfer, retirement spending . . . almost any service. You buy the best financial services and avoid high fees and commissions. Your savings builds your Wealth Reserve over time. You buy where we Insiders buy! Our Insider's Guides help you find the savings so you can build your ‘Wealth Reserve’ to protect your lifestyle, now, and into the 21st Century. Your Unbiased Advisor: "Give a man a fish; you have fed him for today. Teach a man to fish; and you have fed him for a lifetime." Our Insiders show you how to SAVE $3,000 every year by buying your financial services online DIRECTLY—cut out the middle person’s fees, commissions, charges. Use your tax-FREE account.

https://www.amazon.com/Insiders-Guides-Discount-Financial-Services/dp/143480593X/

 

Is passive index investing right for you?

Pick your index fund: over time, your diversified investments grow at about 11%. Investing your annual tax refund of about $3,000, it’s worth about $55,684 in 10 years, $213,795 in 20 years and $1,021,768 in 34 years. As Warren Buffett says, his fortune is due to compounding. Without compounding, our $3,000 for 34 years would be worth only $102,000. Of course the people who make money from your money will claim that they can make you even more money. However, even Buffett admits wise stock picking doesn’t last forever. No one has the perfect analytic tools to make perfect choices all the time. Buffett did well because he began investing early and his dad was a broker. He learned wise investing from Benjamin Graham at Columbia U. Unless you have insider information about a stock, you can reach your money goals easily just by using Buffett’s best advice. And your $1 million can be tax-FREE.

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

 

Are you ready for Medicare living help?

In 2020, about 50% of Americans living alone lacked the resources to pay for their basic living needs. 50% of elders in the richest country in the world can’t afford the basics! What kind of society does that? Some states are helping by covering the cost of Medicare Part B which costs $170.10 a month this year. Some cover Part D—prescriptions. Costs will go up next year with inflation over 6%. You may qualify for help if your total income is less than $18,347 (single) or $24,719 (couple). However, if your rent, utilities and phone are over $1000, you can’t afford much food or transport. Forget about getting sick—Medicare does not cover everything medical. A single aspirin can cost $30 per pill in the E.R. Since most people don’t read The Times, many in need don’t even know about these programs let alone how to fill in their long application forms.

Plan now: https://www.amazon.com/Will-You-Have-Enough-retirement/dp/1477594086

 

Are you stressed by financial troubles?

Six in 10 folks are uncomfortable talking about their financial stress with other people. Some avoid social events for this reason. Since our schools don’t teach how to deal well with money—beyond opening a bank account—we have two options: 1. pay an expensive financial advisor or 2. learn on your own. Most successful small business people had to learn on their own. Yes, they pay an accountant to help with some decisions but most working people earning less than $75,000 don’t need an accountant. The hardest part about handling money is learning control. Most of us are wasting HALF our income paying interest to someone via high cost credit cards, auto loans or over our head rent/mortgage expenses. Paying an advisor all your life can take up to 63% of what your savings could provide you. According to Vanguard’s John Bogle, “fees will erode 63 percent of what you would have had.” Learning what you need to know to control your financial life is easier now that we have the internet. However, since there is a lot of trash lying around to slip on, you need an unbiased guide. I had all my retired industry friends help me assemble all the information you need to succeed with your goals.

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

 

Another way the wealthy transfer their taxes to us

With more money than most of us have, the rich can achieve self-sovereignty, freedom of travel and, most importantly, access to becoming a global citizen. A second citizenship offers a hedge against political and economic turmoil, as well as the recent travel restrictions. These folks can enjoy the best of American life and avoid the costs of living here. Favorable tax laws, opportunity cost, in addition to the growing amount of uncertainty of new financial legislation, are just a few of the reasons millionaires are seeking second citizenships. Their crypto provides a secure and decentralized record of transactions, their financial life is not an open book. They can enhance self-sovereignty through hard asset and real estate designated-ownerships. They can thus avoid new reporting requirement in the US. Friendly venues include Portugal, Antigua & Barbuda, and St. Kitts & Nevis. Because US citizenship protects them anywhere and they can avoid the taxes to pay for it, they can enjoy the best of the world without the costs.

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

 

 

 

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

 

 

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

 

 

The Path to Dictatorship: 2010-2030

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

 

Nov 2020 Wealthy discredit election process

 

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

 

Jan 6 2021 Direct assault failed: guns & bombs ready

 

Trumpist’s Supremes end personal rights except weapons

 

Nov 8 2022 Trump’s “national revolution”

 

 

 

 

 

How Govt wastes our money:

As kids call for help; police says wait; calls for barricade squad: kids wear armor?

TX Pro life? Mr Ramos shot over 100 rounds: do hunters need 100 rnds to shoot prey?

Even if police read early media posts, insufficient law to put Ramos in jail: assaults legal

 

16 sitting GOP senators have accepted at least a million dollars from the NRA

Have our Reps sold us out? 65% of registered voters back stricter federal gun laws

 

Congress is really willing to continue mass murder of our children for war gun sales

In US a child shot every hour: only 243 Ukraine kids killed by assault guns Putin AK-15

 

Is your family next? Senators fear replacement if vote but not fear gun killings of family

OK hospital makes 233 mass shootings this year: AK 15 very popular: ready same day

 

$22 million Pentagon’s Advanced Aerospace Threat Identification Program (UFO)

 

Our $7,500 electric subsidy may be going to the wrong people: tax credit for rich only

 

SCAMS/SPINS:

America has more guns than people: like nuclear weapons, we can destroy ourselves 2x

Who benefits having assault weapons available to all? Politicos, makers, NRA, mafia

Senators’ kids not in public schools: Would an attack be enough to change laws?

Show the Senators the police pictures of 19 dead kids ripped by AK 15 bullets: insane

 

2005 Supremes: police have ‘discretion’ in not enforcing laws to protect people in threat

Supremes: NY can’t restrict concealed carry rights—‘everyone can carry any gun’ Wild

Supremes ignore the constitutional rights of their clerks: clerks need a really good lawyer

 

Supremes: “abortion not in constitution” neither is assault rifle killing 30 in 30 seconds

Trumpist ‘Wisdom’: Third World War 'Would Be Like No Other'

Former Trump advisor Peter Navarro formally filed suit 1/6 subpoena: Delay delay delay

 

GOP already tampering in MI voting process: party workers to scare Dems: GOP army

Supreme Alito delays counting of undated ballots in Pennsylvania: GOP deny our votes

 

Southern Baptist Convention list of clergy and other church staff accused of sex abuse

Christian nationalism in some GOP campaigns: politicians using Christ to gain power

Christian nationalism abortion ban will be decided at the very local local level

 

Western drought? Golfers take 40 million gallons for each green: haves vs have nots

 

Merrill caught overcharging for mutual funds: fees last forever class: fine, no jail

Morgan Stanley caught negligence failing to supervise Francisco Javier Valenzuela: fine

Ford caught: false fuel economy and payload capacity vehicles: fine, no jail 

ALERT: Tesla 758 complaints of unexpected brake 80 to 69 by Autopilot: Neck snap

 

Americans just gave Putin’s buddy oligarch Abramovich $3.2 billion not sanctions 

Hospital found loophole. Cancer screenings like colonoscopies are supposed to be free.

FDA is investigating a hepatitis A outbreak linked to fresh strawberries

 

Why we are taxed on our Social Security benefits: income >$34,000 benefits taxed 85%

Taxes will not be the issue by 2034 when benefits will be cut: rich stop paying SS taxes

 

BLM has the donations but lacks support of its constituents: leaders’ family benefits

 

LOOK OUT: Cruise may hit you: no drivers in SF

Best Worst bankers to make loan: JD Power ratings

RECALL Fresh Kampo and H-E-B strawberry a hepatitis A outbreak.
“I read BANNED books” Nashville library card: counter states that fear reading

Jobs

IRS no experience; $40K+ https://www.jobs.irs.gov/find-job/irs-events

Job openings holding at near-record highs

What it takes to be a queen: 70 duties/events/things you never guessed about ER

 

Ford adding new shift, 1,100 union jobs to Claycomo

 

Who owns your account now?

CUNA advisors to LPL 550 advisors across 250 credit unions: more mouths to feed

Buy BEST used vehicle: study of total miles, mpg, resale, etc going 200,000 mi

 

Miracles:

Annual sandstorm sends hundreds to hospital: Iraq to Kuwait

UFO no contact because Covid: they remember War of the Worlds: aliens died bacteria

Protest unconstitutional state law any way you can: teens fight FL bigots

 

Lithuanian citizens buy $5 million advanced military drone for Ukraine defense

Free ebooks: sites offer free reading but check the fine print first

7 simple habits can cut Alzheimer’s risk in half

 

Woman with misshapen ear received a 3D-printed transplant made from her own cells 

Study: those who drank 1.5-3.5 coffee daily with sugar, 29%-31% less likely to die.

Town dumps turned into solar farms: 207 megawatts of energy from 21 landfills

 

 

@

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

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

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

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

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

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

 

 

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

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

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

 

IAN

973.746.2014

www.InsuranceAdvisorsNetwork.com

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

Another way the wealthy hide their assets

 

How much are you investing for your future?

Fidelity says: The total first-quarter savings rate — a combination of participant and employer — reached a record 14%, just short of Fidelity’s suggested 15% savings rate. The average salary is about $50,000. During our lifetime, we may earn $2.5-$3 million, depending on raises and years worked. If we invest just 6% ($3,000) in the low-cost stock market index of our 401k or IRA, we could have $2,100,000 for retirement in 40 years. If our employer matches our contribution or our spouse has a similar situation, we could have more. Given the historical rate of inflation, this amount would still allow us to spend retirement income of $45,000 (after inflation) for 30 years. We can now invest in a Tax-FREE account, approved by the IRS. About 78% of 401k plans offer this account. We could spend all $3,750 a month!

Spend Tax-Free Income: https://www.amazon.com/Tax-FREE-Retirement-code-lifetime-income/dp/1475206976

 

Actual retirement income $29,000 or less

Recent survey of retirees shows median income of just $29,000 before taxes in 2019, according to the 20th annual Transamerica Retirement Survey of Retirees. Median means half are below that amount: 27% reported an income of less than $25,000. Transamerica found that 46% of retiree households have nonmortgage debt, such as credit card, car loan, student loan or medical obligations. In addition, 23% of households have mortgage debt. Another study shows that 57% of retirees said they had less than $250,000 saved at retirement. This study had participants with incomes of $75,000. Amazingly, thirty-five percent hope to win the lottery, 25% are willing to sacrifice what they want today to save for later years and 25% plan to stay on their current path. Forty-four percent of retirees said their expenses are higher than they had expected, while just 8% said expenses are lower. Most of us will have to work longer than age 65.

https://www.amazon.com/Reset-Your-Retirement-Income-retirement/dp/1512304344

 

Best graduation gift you can give

Make sure you teach your kids how to create wealth the easy way. My parents were not investors. At my first job, I had no clue which investment option to use for my 401k contribution and company match. The HR person told me to put it into the 'safe' stable value fund. That was the worst choice at my age I learned later when I got my securities licenses. If I had followed their advice I would have ended up with $150,000 instead of a Wealth Reserve of $877,233 about 33 years later. We have used this 'Wealth Reserve' as I call it to have funds to use low-cost high-deductible insurance, to buy two homes and 5 cars with higher down payments or cash, and now to receive at least $2,933 a monthly in a retirement supplement for the rest of our lives. Get them started with VOO in a Tax-Free account at low-cost Vanguard. 

Start their ‘Wealth Reserve’: https://www.amazon.com/Give-your-child-leg-manage/dp/1096505355

 

In a recession, follow Buffett’s advice

Warren Buffett has been through a few recessions since investing his paper route money. His advice is not to sell all and run for the hills. Page 6 of his letter to shareholders: “Investors who avoid high and unnecessary costs and simply sit for an extended period with a collection of large, conservatively-financed American businesses will almost certainly do well.” Unless you need your emergency money in the next year, just hold on to your low-cost portfolio of sound businesses and wait. As a group, American firms have provided annual earnings of about 11% since 1871. At 11% through boom and bust, steady investments of $250 a month can produce $1,000,000 in about 33 years. Stocks are cheaper during recessions to you have more; less when they are more expensive.

Don’t lose your head: https://www.amazon.com/Warren-Buffett-Your-Investment-Advisor/dp/1518690963

 

In retirement, how much of your nest egg should you spend each month?

According to a new survey, a large share of near-retirees thinks they can safely withdraw 10% or more of their savings annually. This suggests that millions of people may be in for a shock. The average nest egg amount is only $172,000. Given this, a 10% withdrawal rate or $17,000 will end retirement income in 30 years with $3,500 in your final year. There are many factors that determine how much you will NEED in retirement but my readers say that they are spending MORE than they anticipated during their leisure years. Without a formal plan of estimating income and spending, you may be in for a difficult future. One thing each of my readers tells me is that they wish they had invested more aggressively early on. They were mislead by an advisor who did NOT try to match their age to their risk tolerance: stock funds early.  

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

 

 

Another way the wealthy hide their assets

Property in Manhattan linked to now-sanctioned Russian billionaire Oleg Deripaska was held using a Delaware LLC. An LLC is a Limited Liability Company. It can be set up with very little information about the owners—another LLC or trust could be the ‘managing member’ on the registration. Financial secrecy in the US, which was called the most complicit country in helping individuals hide wealth this week by the Tax Justice Network, an advocacy group for tax fairness, is finally being challenged by some states. “People are shocked to learn about this loophole in the law that allows purchasers to go undetected,” said New York State Senator Brad Hoylman, a Democrat who sponsored a bill heading to the floor of the legislature. “Certainly, the focus on the international super-rich who have propped up the Putin regime has rekindled interest in the effort.” The invasion of Ukraine has raised concerns from London to New York about how anonymous shell companies complicate tax enforcement. One of the most well-known users of this technique is our former president. Assets and income are hidden in hundreds of LLCs so he pays almost nothing in taxes. His business dealings are kept secret through LLCs. Using shells, he claimed he personally ‘lost’ (on paper) almost a $ Billion, thus reducing his taxes for “almost two decades.”

Rich Avoid; We Pay: https://www.amazon.com/Americas-Socialism-Rich-little-people/dp/1535218584

 

Are “inflation-protection” securities right for you?
These funds are designed to protect investors from the eroding effect of inflation by investing primarily in securities that seek to provide a “real” return. The funds focus on investments in inflation-protected bonds that are backed by the full faith and credit of the federal government and whose principal is adjusted based on inflation. These funds have moderate to high interest rate risk, meaning that changes in interest rates, both up and down, can affect the fund by resulting in lower bond prices or an eventual decrease in income. Average annual returns have been 5% since 2000 but down 6% year to date. The bonds have 7 year duration so these bonds don’t protect you from changes in value. When interest rates rise, bonds lose value. However, over time you are protected from long periods of high inflation. Owning stocks are another way to protect yourself from inflation in the long run. Consider your time horizon and income needs before buying these fixed rate bonds.

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

 

 

 

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

 

 

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

 

 

The Path to Dictatorship: 2010-2030

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

 

Nov 2020 Wealthy discredit election process

 

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

 

Jan 6 2021 Direct assault failed: guns & bombs ready

 

Trumpist’s Supremes end personal rights except weapons

 

Nov 8 2022 Trump’s “national revolution”

 

 

 

 

 

How Govt wastes our money:

GOP has wasted its anti-voting efforts: Dems ride the backlash by voting 3X more

 

2^nd Amendment right: body armor not guns for all: guard’s gun got him killed

Federal agents must intervene when they see other law enforcement using excessive force

21 kids teachers die for “freedom” to kill kids with assault guns: we’re crazy to allow it

 

America stops abortion (kill unborn) but allow children to kill children with assault guns

Young adults need the draft not guns: TX allows 18 yr olds to kill: no license; no training

4,357 children & teen gun deaths 2020

 

Subsidies to drug makers allow them to stop making necessary but less profitable drugs

 

Congress knew Abbott stopped making formula in February: Tax breaks not plant repair

Biden promises we will fight China for Taiwan: Dems new get tough stand?

 

senators shrug to 2nd monthly mass shootings and go on vacation: show them dead kids

 

SCAMS/SPINS:

Conservative Christians hide clergy sex abuse just like Catholics: Trump hides crimes too

Catholic tithes and donations mishandled by the Vatican just like US politicians & Trump

 

Trumpist Sen Perdue attacks Stacey: ‘demeaning her own race’: Perdue shows his racism

Trump’s ‘hang Mike Pence’ incitement may have gone too far for Americans: Threats

FL bans ‘social justice’ from social studies: only dream society can exist in FL

 

Getzville NY debt collectors caught using all the illegal tactics known: $2 mil fine, no jail

Surgery bills based on target profits not on actual costs: $303,709 not $1,337 promised

Long-term care policy costs rise: only 50% owners keep paying: some reduce benefits

Nationwide caught overcharging deferred-to-immediate-annuity exchange clients: fine

Michael Francis Shillin caught promising great returns on stocks never bought: fine jail

TradeZero caught stopped trading certain stocks: lied to investors: fine no jail

 

Formula scam: online/private sellers double price since shelves empty

Scammers ask for Zelle money and then your bank says, “It’s your fault.”

Seniors scammed: Congress to pay for investigations/enforcement: it’s about time

Woodland Behavioral Nursing NJ caught ignoring patient care: NJ names receiver

Recall 240,000 Hyundai Cars Explosive Seatbelt Parts: pyrotechnic-type pretensioners 

Abbott kept selling infected formula after found in plant: Abbott didn’t clean

Jif peanut butter recalled potential salmonella contamination

Improve memory with cranberries not unproven ground jellyfish in Prevagen

COVID-19 daily deaths are 305: 1,004,122:

Ukraine war as explained to working Russians: Putin controls the media: Tucker is star

Are you banned from Russia by Putin? Putin favors Trump, McConnell, Tucker

 

Jobs

Best colleges for the money: facts about your choice and your loans

Bank of America raises hourly minimum wage to $22

Apple to increase starting pay for U.S. workers to $22

 

JPMorgan Plans to Hire 1,300 More Advisors Over Next Three Years

Just 8% of Manhattan office workers were on-site five days a week loving home-work

 

Who owns your account now?

Funeral Consumers Alliance helps you plan a funeral you did not want to have to do.

Which BBQ grill is best for you? Consumer Reports tips.

"the average 35-year-old's student debt: 287% greater than value of their original loan"

 

When you disagree with the IRS, you have rights, at least on paper

 

Miracles:

SF Catholic church bans Pelosi for women choice but killed children in native schools

Tucker thanks Hunter Biden: help getting Tucker kid into college: anti Biden just politics

Brits want to try a new (OLD) sovereign: has Charles ever run or managed anything?

2 orders of fish and chips cost 23 Pds ($30) now: fish from Russia

 

Quick Easy test for Covid FREE: https://www.covid.gov/tests

Too easy: 2 year old orders 31 cheeseburgers on DoorDash for $91.58: Next new crib?

A new battery design could last for an entire 100 years:

World’s first double hand transplant for scleroderma

 

 

Police wait: Teen Kills 21 in 40 minutes: classroom door locked police out

US allows assault rifles with 30 rounds sold to children 18

 

Pakistan hits 120°F as climate trends drive spring heatwave: warming kills wheat

 

 

@

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

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

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

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

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

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

 

 

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

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

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

 

IAN

973.746.2014

www.InsuranceAdvisorsNetwork.com

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

 

Buffett is your best financial advisor

 

Best graduation gift you can give

Make sure you teach your kids how to create wealth the easy way. My parents were not investors. At my first job, I had no clue which investment option to use for my 401k contribution and company match. The HR person told me to put it into the 'safe' stable value fund. That was the worst choice at my age I learned later when I got my securities licenses. If I had followed their advice I would have ended up with $150,000 instead of a Wealth Reserve of $877,233 about 33 years later. We have used this 'Wealth Reserve' as I call it to have funds to use low-cost high-deductible insurance, to buy two homes and 5 cars with higher down payments or cash, and now to receive at least $2,933 a monthly in a retirement supplement for the rest of our lives.

Start their ‘Wealth Reserve’: https://www.amazon.com/Give-your-child-leg-manage/dp/1096505355

 

Most folks in or near retirement fear outliving their money

Advisors usual solution: guaranteed income from an annuity. Because the commissions and fees can be large and are hidden, retirees usually buy these no-refund contracts. The contracts are usually thick with legal protections for the insurer and sales agent. There are more expensive provisions that may help protect you but the bottom line is that you are paying a lot of money for a stream of payments that may not overcome inflationary costs. So, for a 65 year old female with $100,000 payment, she will receive $454 a month for life. However, by age 80, her fixed $454 a month will buy about HALF the necessities it originally did. She can purchase a ‘cost-of-living’ rider like the COLA SS benefit but that reduces the amount per month. For less benefit, her heirs can get back whatever is left if she dies early (before age 86). She may need more than $227 a month for living expenses. There are better alternatives to get a regular check.

Check options: https://www.amazon.com/Not-Buy-That-Annuity-Guaranteed/dp/1466494573

 

Why Warren Buffett is your best financial advisor

Mr Buffett does not need your fees and commissions. He has $ Billions. He has more experience than any paid advisor or brokerage firm. Most advisors and brokerage firms provide standard advice and portfolio models pre-packed for retail customers. Unless your wealth includes special assets totaling in the $ billions, you get the regular firm products. Sellers sell only what supplies the firm with profits. When you need specific unbiased advice you can buy it from a fiduciary for a single charge. Most of us are going to accumulate less wealth over time by paying the annual fees and charges firms need. Those who pay 1-2% a year in fees and trading mistakes will give away 50 to 60% of their possible accumulation over time. Buffett credits “compound interest” for his success. Thus your $250 a month investment can become $2 million over time IF you don’t pay for advice you don’t need. Buffett’s advice is unbiased and simple to follow. Use Buffett’s advice:https://www.amazon.com/New-American-Retirement-System-ReserveTM/dp/1461030072/

 

Car insurance costs go up for some people

Age is a big contributor to costs: teens pay about $5,000; seniors pay about $1,500.  Your credit score and driving record can be controlled. Your home location can raise premiums. Your vehicle and its use can be a factor in costs. There are discounts available. Your immediate control of costs is determined by the carrier you use. Shopping every 2-3 years provides you with a chance to take advantage of the marketing plans of some insurers. They often try to find drivers which their database tells them are cheaper to insure. Each year they change and so do you. Bundling may save premium while others may not. The same goes for safe-driver courses and a driver association affinity. Each has its own set of preferred driver qualifications.

Try shopping: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

 

Is investing in real estate right for you?

Commercial real estate returns have shined during the last year despite the pandemic challenges. Like stocks, real estate investment trusts (REIT) are up 35% or more. REITs have often performed differently than stocks and bonds, so this fund may offer some diversification to a portfolio already made up of stocks and bonds. Since 2001 the Vanguard REIT has returned over 10% a year. Your contributions to a REIT inside a tax-FREE account may help you achieve a tax-FREE retirement.

Go Tax-FREE: https://www.amazon.com/Tax-FREE-Retirement-code-lifetime-income/dp/1475206976

 

Which mutual fund do my readers prefer?

Many of my retired and pre-retired readers prefer mutual funds that have been around for years and are managed by experts at low cost. Like John Bogle, they believe that “cost matter.” Bogle told Martin Smith of Frontline that a “2 percent fee will erode 63 percent of what you would have had” over time: 63%. That is big chunk of our nest egg. Bogle created low-cost funds for every portfolio. My readers like Vanguard Windsor Fund. Since its 1958 inception, this aggressive large-capitalization value fund has held fast to its distinctive strategy and provided 11.47% a year. Also Vanguard Wellesley Income Fund. This 50 year-old, income-oriented balanced fund offers exposure to dividend stocks and investment-grade bonds. It has provided 9.44% returns since 1970.

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

 

What happens after a recession?

During a recession, stock prices typically plummet. The markets can be volatile with share prices experiencing wild swings. Investors react quickly to any hint of news—either good or bad—and the flight to safety can cause some investors to pull their money out of the stock market entirely. Since 1871, the average return has been 11% per year. You are better off betting on reversion to the mean not Bits. Fear not!

2009    27.11

2008    -37.22

2003    28.72

2002    -22.27

1995    38.02

1994      1.19

1991    30.95

1990    -3.42

1982    21.22

1981    -5.33

1975    38.46

1974    -26.95

Don’t lose your head: https://www.amazon.com/Warren-Buffett-Your-Investment-Advisor/dp/1518690963

 

Advisors repackage old sales ideas with new hype

“Active personalization is the new active investing,” announces analyst Morningstar.

Ask your advisor what “active personalization” really means. More tech mumbo-jumbo to sell standard “model” portfolios as ‘personalized’ just for you. Advisors will use “Morningstar portfolio risk score” to justify the portfolio they recommend. “They also have the Risk Profiler, which measures the level of a risk that a client is psychologically comfortable taking.” They will also offer the Risk Comfort Range—which connects your risk level to their product. They will measure your level of adherence to six sustainability themes. “With a click of button, this new optimizer is going to build a portfolio that matches your risk profile and your sustainability aspirations.” Sounds cool but you still won’t know how well you did until you see the results of all this button-pushing for a year or two. Advisors will still be paid by you no matter which button they push. Actually, low-cost indexes beat managed accounts.

Warren Buffett proved it: https://www.amazon.com/Warren-Buffetts-Investment-Strategy-Forget/dp/1484822900

 

How much should you invest?

The average salary is about $50,000. During our lifetime, we may earn $2.5-$3 million, depending on raises and years worked. If we invest just 6% ($3,000) in the low-cost stock market index of our 401k or IRA, we could have $2,100,000 for retirement in 40 years. If our employer matches our contribution or our spouse has a similar situation, we could have more. Given the historical rate of inflation, this amount would still allow us to spend retirement income of $45,000 (after inflation) for 30 years. We can now invest in a Tax-FREE account, approved by the IRS. We could spend all $3,750 a month!

Spend Tax-Free Income: https://www.amazon.com/Tax-FREE-Retirement-code-lifetime-income/dp/1475206976

 

 

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

 

 

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

 

 

The Path to Dictatorship: 2010-2030

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

 

Nov 2020 Wealthy discredit election process

 

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

 

Jan 6 2021 Direct assault failed: guns & bombs ready

 

Trumpist’s Supremes end personal rights

 

Nov 8 2022 Trump’s “national revolution”

 

 

 

 

 

How Govt wastes our money:

NO infant formula because milk subsidy laws keep out all other makers

More hate crimes: 2^nd Amendment has no death limits but children only have 2 parents

Congress to let the lead fly: no gun or 30-rd mag control: gun purchase tripled 2000-21

 

Anti-vaxx, anti-maskers get their wish: 1 million covid disbelievers die: lack protection

 

Our Reps allow private equity firms to help wealthy (US and USSR) hide cash not yachts

Formula shortage due to socialist gov contracts monopoly firm: Abbott only supplier

414-9 9 GOP voted against helping women buy formula: Gaetz, Gohmert, Greene

 

OK bans abortion choice: $10,000 bounty on head of any helper, even religious advisor

Time for price controls? Runaway inflation and recession leads GOP to dream?

 

SCAMS/SPINS:

TX bans media firms from barring conservatives: “conspiracy to silence conservatives”

States with abortion ban and with “marriage” age 12-17 years for girls like in Hale time

State abortion limits: Abortion rights backers rally in anger over post-Roe future

 

GOP Loudermilk showed terrorists the capital layout for a coup: kill Pence

Former Trump White House chief of staff Mark Meadows committed voter fraud

Trump collects donations for 2017 AZ real estate approval: Trump WALL fails

Cruz collects donations to pay off his personal debts: financing our dictatorship

 

Scammer used cell number to gain access to social security benefits and switch them 

Mercedes owners: stop driving 292,000 vehicles: brakes can fail.

Ford recalls 350,000:  2021 Ford Expedition and Lincoln Navigator SUVs catch fire

 

Trying to time the market leads to disaster: ETF short sellers can’t exit positions.

Allianz caught Structured Alpha fund fraud: manager charged: fine, no jail

First Republic caught overcharging for certain mutual funds, cash sweep accounts no jail

 

BEWARE: WalMart trucks in KS have no drivers: Teamsters union, lawyers not happy 

 

Docs on Pharma Payroll Have Blemished Records, Limited Credentials: Ask 2^nd opinion

Northshore Clinical Labs, a COVID testing laboratory caught results false: no jail

Surgeon check: always get a 2^nd opinion: this guild protects its own so few lose license

 

US caught allowing auto-guns to be sold to those with limited real-world understanding

The limited haters can get auto-guns and armor vests to kill us all: 30 rd auto-guns

Our hand pistols do no good against guns of war: 30 rounds in 15 seconds: you’re dead

 

Misleading info drives fear and hate: Ex Trumpist calls GOP a threat to America

Putin instructs Russian TV to use Tucker’s propaganda instead of his own

Putin surrounded: Finland Sweden apply to NATO: Putin got his nightmare

 

Putin, like Hitler, putting seniors and mercenaries in uniform: replace higher war losses

Putin, like Hitler, now making strategic battlefield decisions: pontoon crossing daylight

Putin, like Hitler, putting spies in his own military ranks to "neutralize" dissenters

 

Putin blocks food for Africa: Ukraine can’t ship so deaths will exceed military causes

 

Jobs

Supremes offer Swag

10 most wanted jobs of 2022: Chauffeur, Road construction supervisor

$30 an hour babysitting in NY by high schoolers saving for ivy league $100,000 costs

 

 

Who owns your account now?

Stock returns for the last 20 years: Where would you rather be?

AllianzGL investment management biz to Voya

Credit score: keep your oldest card open; use once a year; make on-time payments.

 

Get paid for starting a new bank account: many rules but if you are already shopping

New infections-100,000 a day-comes as the nation heads into Memorial Day: mask?

 

Miracles:

Salt battery for long-term electric storage: capture wind sun; use: no wind, no sun

STONES: 60th year tour: Jagger 79, Richards 78, Wood 75: how to keep it up so long

Medical debt in payment plan delayed from credit reports July 1

 

Life cell secret: RNA molecules can link short chains of amino acids together: copy

 

 

 

@

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

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

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

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

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

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

 

 

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

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

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

 

IAN

973.746.2014

www.InsuranceAdvisorsNetwork.com

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