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Archives for November 2018

Maine’s Governor wants to Live in Florida, Here’s Why

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The low taxes and warm weather of Florida have enticed millions of retirees to the Sunshine State. Now, Maine's term-limited governor, Paul Le Page has told the Portland Press Herald that he'll be the next Northeasterner to become a snowbird (heading south in the winter and spending summers in the north). When asked about his plans, Le Page answered in a way that many retirees would understand, according the Press Herald he stated: “I’ll tell you very, very simply: I have a house in Florida. I will pay no income tax and the house in Florida’s property taxes are $2,000 less than we were paying … [Read more...]

What Apple Doesn’t Want You to See

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Since Apple started reporting unit sales for its products, analysts have been glued to the numbers as a direct measure of Apple Inc.'s health. Now Apple is doing away with that reporting, and no one is happy. Tripp Mickle reports: Apple Inc. AAPL -2.84% reported its fourth consecutive quarter of record revenue and profit, as the combination of higher iPhone prices and strong app-store sales propelled the technology giant to its best year ever. But the world’s most valuable company offered guidance for the current period that disappointed many investors, and said it would stop reporting … [Read more...]

What’s the Best Investment (For Your Vote)

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America's economy has been roaring, but with the midterm election tomorrow, the direction of regulation and tax policies could change drastically. Here, according to The Wall Street Journal are the areas with the most at stake in tomorrow's election: TAXES: The Trump administration wants to make permanent new income tax cuts for individuals passed last year, a move that Wall Street analysts say could bolster consumer confidence and lift prospects for retailers, auto makers, tech firms and other consumer-goods companies. But the White House will need Republicans to retain control of … [Read more...]

Law & Order coming to Brazil

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Brazil’s president-elect picked Sergio Moro, an anti-corruption judge to be justice minister, a signal the nation will step up its battle against graft, but fueling criticism of the judiciary from opponents. The WSJ reports: The appointment of the widely-respected judge as minister is considered by legal experts to be a stamp of approval for the future government of Mr. Bolsonaro, who swept to victory Sunday with his promise to restore law and order. But the move has also fueled criticism of partisanship in the country’s vast Car Wash corruption investigation that Mr. Moro helped lead, … [Read more...]

Trump Powers Manufacturing Jobs

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The Editors at Investor's Business Daily call it "The Deplorables Boom." President Trump's policies have helped create over 445,000 manufacturing jobs since he entered office. Let's look at the numbers. Since Trump gained office, 4.4 million new jobs have been created. A big slice of that came from manufacturing. We were assured by any number of experts in recent years that manufacturing was "dead." But in October some 32,000 new manufacturing jobs were created, for a total of 446,000 since Trump took office. Boom Times For Factories If you're a factory worker, these are the best times in … [Read more...]

Young Research’s Dynamic Maximizers – Shocking to Behold

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Not a down year this century. Projected by Richard C. Young to advance again in 2018! How does your retirement portfolio look? Do you actually have any idea what you are doing? Do you feel like you are over your head and investing with a crap-shoot mentality? Are you subsisting on outmoded, far-too-big mutual funds or, worse yet, those ghastly oversized index funds? Are you a total neophyte on bond investing and pretty much devoid of understanding the miracle of interest, patience, and compounding? If your answer is yes to any of these questions, you may require a whole new … [Read more...]

Jobs, Jobs, and More Jobs

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On the campaign trail recently President Trump touted a new slogan, Jobs not Mobs, and he has delivered. Today's Employment Situation Report from the Bureau of Labor Statistics detailed October's strong gain of 250,000 jobs. Unemployment remains at 3.7%, matching the lowest rates since 1969. Combined with strong wage increases reported earlier this week, the strong job report has set stock futures rising. You can read the full BLS report below. [pdf-embedder url="https://www.yoursurvivalguy.com/wp-content/uploads/2018/11/empsit.pdf"] Originally posted on Yoursurvivalguy.com. … [Read more...]

The $9,000 Steak Dinner

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The Department of Labor's Fiduciary Rule almost spelled the end for the annuity industry, but with the rule's rollback, Americans can once again look forward to the high fees, pressure sales tactics and poor returns on their money promised by annuities. The Wall Street Journal reports: Lawmakers have panned the product’s high commissions, and Sen. Elizabeth Warren (D., Mass.) has criticized the prizes given to sales agents, like expensive vacations. The estimated average commission received by agents selling certain types of annuities is more than 6%, according to Wink Inc., an industry … [Read more...]