Archive for December, 2018

Putin “It’s not a bluff, you can trust me.”

by cj world news us

Vladimir Putin


Putin claims to have all these advanced super weapons; the cruise missile with a nuclear engine, as well as the publicly known RS-28 Sarmatinter continental ballistic missile (ICBM), the previously unacknowledged nuclear-tipped Avangard hyper-sonic boost-glide vehicle and Kanyon or Status-6 nuclear-armed unmanned undersea vehicle, a possibly dual-purpose nuclear and conventional air-launched hyper-sonic cruise missile called Kinzhal, and a short-range directed-energy system visually similar to the U.S. Navy’s own AN/SEQ-3 Laser Weapon System. Putin also claims he is building the most advanced aircraft carrier,  a new advanced submarine, new advanced stealth fighters and bombers, the most advanced tanks, the S-300, S-400, S-500, S-600 and S-700 missile defense system, Putin claims the S700 could shut down all air traffic in the world.

Russia’s economy can’t sustain the development of these various advanced weapon systems, Putin’s ambitious military plans will take 25 years or more. He faces continued sanctions, the global price of oil already forced the country to make significant cuts to defense spending in 2017. The fact is that Russia spends 60-70 billion a year on it’s defense budget and it is estimated that it would cost 5 trillion dollars to research, build, maintain and deploy all of these weapon systems.

Putin recently stated in reference to all his super weapons “It’s not a bluff, you can trust me.” It remains to be seen just how far Russia proceeds with the various projects. It’s reasonable to be more than skeptical that Russia has the resources, knowledge, advancements, money and ability to follow through with its plans. Russia used to be secretive about it’s military advancements and weapons but now they reveal everything on a regular basis. Putin should definitely be credited for his “gift of gab” and acting abilities, maybe he’s in the wrong line of work. Seriously look at the man and study his past, should anyone trust him or anything he says?




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Betting On Bitcoin (don’t)

CNN Business

Image result for bitcoin price fall past year

Everyone’s talking about cryptocurrencies, even if they don’t fully understand them. Some people are even investing in them. Joining the craze is only getting easier. Apps like RobinHood and exchanges like CoinBase make investing in bitcoin, ether and a dizzying number of other digital currencies as simple as pointing and clicking. Even banks and brokerages are cashing in.

Although some people get rich, many more do not. That’s because cryptocurrencies are so volatile that a chart of their value looks like an EKG printout. The price of bitcoin rose more than 2,000% in 2017 to a record $20,000, but by early 2018, it had fallen more than 50%. Bitcoin is now trading at just under 3,600.

The roller coaster nature arises from sudden changes in the perceived value of a given cryptocurrency. Although their prices are, like traditional stocks, determined by supply and demand, hype also plays a role. News coverage can influence prices, too. Any mention of someone hacking a cryptocurrency exchange sends prices plummeting, for example, while even the rumor of greater regulation reassures investors and drives up prices.

Adding to the uncertainty, the space is largely unregulated and bad actors abound. While companies face many regulatory hurdles before an initial public offering, launching an initial coin offering is much easier as the space is so unregulated. That makes it easy to place ill-fated investments in poorly conceived or dubious companies that haven’t been vetted, let alone required to meet any financial, accounting, or ethical standards. That leads some people to argue that no one truly invests in cryptocurrencies, they only speculate on it.

“Their only value is in the belief that someone later will pay more,” says Nicholas Weaver, a senior researcher at The International Computer Science Institute. None of this leaves people any less eager to bet on bitcoin and its ilk.

But anyone thinking of doing so should think twice. And perhaps think twice again.

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How to Make a Million after Age 70

Retire And Become A Millionaire After Age 70

Image result for millionaire

Just about all of us imagine the thrill of getting rich someday.

There is an almost universal appeal to the notion of having enough money to sit on a beach and sip tropical drinks, or to travel the world while leisurely crossing items on your “bucket list.”

Unfortunately, some of us dream a little too long. Then, we wake up one day to find we are 70, wondering where all that time — and money — has gone. If you are entering your 70s and have scant savings, you probably have packed up fantasies of great wealth. But is the dream really over? Andy Tilp, founder of Trillium Valley Financial Planning in Sherwood, Ore., says it is still possible to get rich late in life, “but not without a lot of work and sacrifice of time.”

Following are a few ideas for how to make a million after age 70.

How to make a million: Invest aggressively

In your 20s, you can invest dribs and drabs in the stock market and — through the wonders of compounding — become a millionaire by the time you retire. Unfortunately, that magic trick no longer works once you turn 70.

“The biggest challenge a 70-year-old has in getting rich is, obviously, time,” Tilp says. “The younger you start, the easier it is.”

To become rich after 70, you’ll need to invest a lot of money every month, and pray for good returns.

James Twining, founder of Financial Plan in Bellingham, Wash., has run the numbers. He figures a 70-year-old starting with nothing would need to invest $2,393 a month at an annually compounded rate of 10 percent per year to earn a cool $1 million by age 85.

More From Bankrate: Calculator: How long until you save $1 million?

“The equity markets have indeed returned an average of 10 percent per year since 1926,” he says. “So, it is not unreasonable.”

Older investors wishing to get rich sooner may be tempted to gamble on high-stakes stock picks. But such a strategy actually decreases the odds of success, Twining says. “The biggest challenge will be to resist the temptation to take risks by concentrating the portfolio — attempting to pick winners, or to time the market,” he says.

How to make a million: Start a business

Starting a business is one of the oldest and surest ways to build wealth. That may seem like a younger person’s game, and the energy and drive needed to make a business succeed should not be underestimated.

Still, a septuagenarian may actually have some advantages when starting a business, says George Middleton, investment manager and financial planner at Limoges Investment Management in Vancouver, Wash.

“He or she has accumulated 70 years of experience in something,” he says. “Explore what that something is that has value to others.”

More From Bankrate: Frugal retirees: Go ahead, spend your money

William Carrington, founder of Carrington Financial Planning in Arlington, Va., is another fan of starting a business late in life.

“The surest path to wealth is through business ownership,” he says.

Carrington agrees with Middleton that most people in their 70s have developed expertise in at least one area that is marketable. He says your human capital is the best asset you own.

“Investing and believing in ourselves gives us the best chance for financial success,” he says.

Not only can a business make people rich, but it also allows them to spread the wealth, he says.

“They could hire other senior citizens as part-time, inexpensive — and reliable — employees,” he says.

How to make a million: Delay Social Security

In the world of retirement savings, Social Security is like a loyal dog. Everything else may fail you, but good old Rover remains by your side. The way you tap Social Security payments can enhance your odds of becoming rich, says Barry Korb, president of Lighthouse Financial Planning in Potomac, Md.

“Many middle-class couples could accumulate $1 million if they delayed claiming their Social Security until age 70, and then saved and appropriately invested,” he says. Korb imagines a scenario where a couple, in which both people are age 66 and entitled to the maximum Social Security earnings, delays payments until age 70. That would result in an increase of 32 percent in payments — $845 per month for each person, or $1,690 for the couple.

If the couple takes that extra money, invests it in a Standard & Poor’s 500 index fund and averages a 7.84 percent return after taxes over the years, they would be millionaires by their 92nd birthday, he says.

More From Bankrate: Creating a happy retirement

Korb’s calculations do not account for Social Security inflation adjustments, meaning the couple could reach its goal sooner. His example illustrates the powerful financial benefit of waiting until age 70 to collect Social Security.

“What they are buying for that delay is a government-guaranteed inflation-adjusted annuity with effectively no risk,” he says.

How to make a million: Buy real estate

If you are of modest means and hope to get rich late in life, you need to make a lot of money relatively quickly.

“Given a short time horizon, the client’s advanced age and the lofty goal, he would have to be willing to take significant risk,” says Eric Toya, partner and director of wealth management at Navigoe, a financial planning firm in Redondo Beach, Calif.

One of the best — albeit riskiest — ways to boost returns is to use leverage. Traditionally, real estate has been the chief way people have used leverage to get rich in shorter periods of time.

For example, if you buy a $500,000 property with a 20 percent down payment, your investment is $100,000. If the property appreciates 5 percent in the first year, it will be worth $525,000 — a $25,000 gain, or a 25 percent return on your original investment.

However, Toya offers a word of caution to those who are determined to channel their inner Donald Trump.

“The risks are significant,” Toya says. “(The investor) might overpay for a property, or underestimate the amount of work a property needs to rent or flip.”

And as millions of Americans have discovered in recent years, a large decline in property values locally or nationwide can leave you underwater and staring at a large loss.

Forget about making a million

Of course, one question looms over this entire enterprise.

“Why is it so important to make $1 million in the first place?” asks Kenneth Robinson, founder of Practical Financial Planning in Cleveland.

Alan B. Ungar, president of Critical Capital Management in Westlake Village, Calif., believes that a quest to become a millionaire after age 70 is simply reckless.

“Get-rich schemes very rarely work,” he says. “Somebody who is 70 or older would be foolish to give it a try.”

Twining says it is possible that some 70-year-olds might want to get rich out of concern for the well-being of dependents they will leave behind. Otherwise, he says, it is rare to encounter older investors with such grandiose goals.

Any opinions expressed in this column are solely those of the author.

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Risks Of Actively Managed Funds

Three Massive Risks Of Actively Managed Funds

Perhaps you smoke cigarettes. If so, you’re aware of the risks. But what if smokers also grew nostril hair (five inches a year) and it was impossible to cut? After four or five years, it would be down to their waists.

Fortunately for smokers, this doesn’t happen. The risks of smoking are all well known. But the same can’t be said for investing in actively managed mutual funds. They carry two well-known risks. The third, and arguably most harmful, isn’t well known.

First, there’s the obvious. Index funds beat most actively managed funds because index funds charge lower fees. According to Morningstar, in the ten years ending December 31, 2017, the typical U.S. Large Blend index averaged a compound annual return of 8.1 percent. The typical actively managed fund in the same category averaged just 6.6 percent.

Index Funds Win 10 Years Ending December 31, 2017
Compound Annual Returns

Category Actively Managed Funds Index Funds
U.S. Large Blend 6.6% 8.1%
U.S. Large Value 6.9% 7.5%
U.S. Large Growth 8.4% 9.7%
U.S. Mid Cap 7.6% 9.2%
U.S. Mid Cap Value 7.8% 9.1%
U.S. Mid Growth 7.7% 8.5%
U.S. Small Cap 8.1% 9.4%
U.S. Small Value 8.4% 9.1%
U.S. Small Growth 8.6% 9.5%

Investors in actively managed funds face a second, slightly less well-known risk. When an actively managed fund beats its index during one time period, that’s often the kiss of death. As the SPIVA Persistence Scorecard shows, active funds that do well during one time period rarely repeat the next.

But this leads to the third and, arguably, greatest risk of all. Actively managed funds drive people crazy. No, they won’t make you drool in your Starbucks Frappuccino. But they seduce investors into buying high and selling low. When you’re saving for retirement, that’s worse than drivel.

Here’s what happens. Many investors in actively managed funds believe they can beat the market. They usually pick funds based on past performance. If a fund has a strong market-beating record, they often buy that fund. But it doesn’t take long before such funds disappoint. Many investors regret their fund decisions, so they search for something else. A new hot active fund might catch their eye, so they jump on board. But after doing so, that fund begins to drag.

To be fair, plenty of index fund investors do this too. But because they aren’t typically trying to beat the market, they don’t hurt themselves as much.

Morningstar publishes the results in Mind The Gap: Active Versus Passive Edition 2018. For example, over the ten years ending December 31, 2017, the typical investor in actively managed U.S. Large Blend funds underperformed the funds they invested in by 3.30 percent per year. This is the result of buying high and selling low: of switching from funds that hadn’t performed well and jumping into funds that they hoped would soar.

If you recall from the table above, actively managed U.S. Large Blend funds averaged a compound annual return of 6.60 percent over the ten-year period ending December 31, 2017. But Morningstar says the typical investor in these funds underperformed them by 3.30 percent per year. That means they earned a compound annual return of just 3.30 percent per year.

In contrast, the typical passive (indexed) U.S. Large Blend fund averaged a compound annual return of 8.1 percent per year. Such investors weren’t perfect. They underperformed their funds by 0.72 percent per year. That means the typical investor in such index funds earned a compound annual return of 7.38 percent. There’s a big difference between 3.30 percent and 7.38 percent.

Below, I cross-referenced the results for the two relevant Morningstar studies. I wanted to compare how passive and active investors fared–after their behavioral blunders.

After averaging nine U.S. fund categories, the typical index fund investor earned a compound annual return of 7.78 percent. The typical investor in actively managed funds earned just 4.77 percent. In other words, the index fund investor would have turned $10,000 into $21,153.48 over the ten-year period. Investors in actively managed funds would have turned the same $10,000 into just $15,935.64.

If the money were invested in a taxable account, the gap would be even bigger.
That’s why investors should avoid actively managed mutual funds. They might not look like waist-length nostril hair. But if you’re banking on retirement, the results are just as ugly.

Index Fund Investors Come Out Far Ahead
10 Years Ending December 31, 2017
Compound Annual Returns

Category Actively Managed Funds Investors’ Results In Actively Managed Funds Index Funds Investors’ Results In Index Funds
U.S. Large Blend 6.6% 3.3% 8.1% 7.38%
U.S. Large Value 6.9% 3.7% 7.5% 5.98%
U.S. Large Growth 8.4% 5.1% 9.7% 8.08%
U.S. Mid Cap 7.6% 3.79% 9.2% 8.26%
U.S. Mid Cap Value 7.8% 4.51% 9.1% 7.30%
U.S. Mid Growth 7.7% 3.73% 8.5% 8.05%
U.S. Small Cap 8.1% 5.79% 9.4% 8.92%
U.S. Small Value 8.4% 7.07% 9.1% 7.07%
U.S. Small Growth 8.6% 5.94% 9.5% 9.05%
Investors’ Average* 4.77% 7.78%
End Value Of $10,000 Invested $15,935.64 $21,153.48

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Best Mutual Funds for Stable Returns

The Best Mutual Funds for Safety and Stable Returns

Which are the safest mutual funds to buy? I often get that question from friends, family and clients. Or they might ask, “How can I get good returns without taking too much risk?”

The word “safe” is a relative term. If you want to buy an investment that is guaranteed never to lose value, you won’t find anything that can be accurately defined as an investment, such as stocksbonds and mutual funds that have risk of losing principal. If you want guaranteed principal, you’ll put your money in a bank account or certificate of deposit (CD). But in exchange for the guarantee, you’ll be fortunate to find something that earns more than 1%, especially if its FDIC insured.

There’s nothing “guaranteed” (other than a few misleading insurance products with hidden fees) that I’ve seen in all of my 15 years as an investment advisor that pays higher than the rate of inflation, which averages around 3%. If you’re earning anything less than that, you’re doing something I call “losing money safely.”

The fundamental idea of investing is to grow wealth, which can only be done effectively by earning an average rate of return that beats inflation over time. If you’re not doing this, your money will be worth less in the future than it is today. That’s essentially losing money! Does that fit the definition of safe?

The Safest Mutual Funds You Can Buy

Before providing examples of the safest mutual funds, let’s define what we mean by safety. First, remember that safe doesn’t always mean guaranteed; safe generally means protecting your savings, which includes staying ahead of inflation. Therefore, ironically, to be safe from inflation, you need to take at least a small amount of risk. Otherwise, you’ll lose money in a way that can be considered legalized theft — where the banks hold your money and pay you a tiny interest rate while they invest at a higher rater it or loan it out to other bank customers at a higher rate.

But again, to get returns that average higher than the rate of inflation, you must take some degree of risk, which is to say that you must be willing to accept brief declines in market value in order to receive average returns higher than 3% over time.

The safest mutual funds that can either match or stay ahead of inflation by a small degree are bond funds. In fact, there is one particular bond type that is commonly used as a benchmark for what is called “the risk-free rate” and that’s US Treasury Bonds.

A few good choices for bond funds that invest in US Treasury bonds are Vanguard Short-Term Government Bond Index (VSBSX) and Fidelity Intermediate Government Income (FSTGX). VSBIX has only been around since 2010 but 2013 saw a loss of more than 2% for most bond funds and this fund still managed a positive return of 0.29%. FSTGX lost 1.26% that year but will likely average between 3% and 4% for long-term returns, whereas VSBSX won’t likely get more than 3%.

Note that I mentioned “loss” with these funds. Because the investor is not holding bonds (they are holding shares of the mutual fund), bond funds can lose money, although the average bond fund will only have brief declines in value in around one calendar year out of about seven to ten years. For this reason, an investment time horizon of at least three years is ideal for investing in bond funds.

Best Mutual Funds for Stability

When investors say they are seeking safety, they often mean that they want stability in price or low fluctuation in value. The types of mutual funds for stability will usually be balanced funds or target-date retirement funds, which are mutual funds that invest in a balance of stocks, bonds and cash, or other mutual funds, within one fund.

Sometimes called “funds of funds,” balanced funds and target-date funds can diversify the holdings in such a way that losses are rare but long-term returns are higher than most bond funds.

One of the best balanced funds with a history of stable returns above the rate of inflation is Vanguard Wellesley Income (VWINX). One of the worst years for stocks was 2008, when the S&P 500 Index declined by 37%. VWINX had a loss of only 9.8%, which beats 90% of all conservative allocation mutual funds. The long-term returns (10 years or more) average nearly 7%. In different words, a patient investor who doesn’t mind an occasional loss of around 10% in one year out of about 10 years, but still get average annualized returns significantly above the rate of inflation can consider VWINX.

As for target-date retirement funds, the lowest risk, most stable funds will usually be those with a target date year close to the current year. For example, as I write this, the year is 2015. For the best price stability, I might choose a fund like Vanguard Target Retirement 2015 (VTXVX), which is already conservative (at approximately 45% stocks, 45% bonds and 5% cash as of July 2015), and will gradually get more conservative as the time goes on.

Bottom Line on Investing for Safety and Stability

Before deciding to make your priority safety or stability, be sure to know your priorities. If you need your money in less than three years, it’s not in your best interest to invest in mutual funds. And if your priority is safety, and you don’t mind earning near-zero interest, mutual funds are probably not the best choice.

But if you want to keep up with (or outperform) inflation with your investments, you’ll need to take some degree of risk and be willing to see the infrequent but inevitable declines in value.

If you are not sure how much risk is right for you, try measuring your risk tolerance.

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Looking for a long term relationship

DIA YummyLen 001


About me

You don’t want to live your life and then meet someone. You want to share your life with someone, and that’s what I’m missing right now. Well, I’m single, don’t pity me I’m not lonely, I choose to be single, because I’m done, Done settling, Done dating sh**ty men because now I know what I want, and I know what I deserve and I don’t mind waiting for it, till I meet someone that deserves me. I want to meet myself from someone else’s point of view and I want a laid back, funny, sh*t talking, play fighting and I love you type of relationship.

About you

Just want to find my Best Friend, My Partner in crime, My other half, the man I can spoil, compliment, Love and support. The one I can build a successful life with. A Gentleman, Sweet and fun to be with . I don’t want a perfect boyfriend. I just want someone to act silly with. Someone who treats me well and loves being with me more than anything , Can’t wait to meet u.


Personal info

Location: I live in Angeles City, Philippines

Age: 24

Gender: Female

Appearance: Cute    Height 5’0″ (152 cm)     Weight: 98 lbs    Body type: slim.

Occupation: server in a restaurant

Education: Bachelor’s Degree

Religion: Christian – Catholic

Relationship status: Single

Has children: No

Wants children: Yes

Willing to relocate: Not sure

Smoking: Non smoker

Drinking: Light: social drinker

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Destination Colombia

by CNN


Cartagena street scene, Colombia

Rainforest, savannah, steppes, deserts and mountains: Colombia has them all. From the golden sands of the Caribbean and Pacific coastlines, to the verdant hills of the Zona Cafetara coffee region, to the bustling urban centers of the Andean highlands, this is a country with a surprising diversity of landscapes, climates, wildlife and people. Bogotá, the third-highest capital city in the world, is the country’s vibrant center, but beyond that there is Medellin, named the “City of Eternal Spring” for its beautiful weather, the colonial architectural masterpiece that is Cartagena, and countless picturesque pueblos such as Santander’s Barichara and Antiquoia’s Guatapé.

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The Forex Trader

by cj world news us

Life of a currency day-trader, with 30 years experience.
His system: this is millions of $dollars worth of free advice.
I only trades one pair EUR/USD, get to know the pair in
your sleep, keep it simple the more complex the greater
your chances of losing your money.
Remember the 90/90/90 rule, (90% of the people lose 90% of
their money in 90 days) the truth is they lose 100% of their money.
They let you open accounts with $500, $1000, $5000 don’t be
stupid you have no chance, just send me the money at least
some good will come of it.
I trade on experience only, no charts, no trends, or experts
I follows general world news information, I’m a contrarian
by nature…you have to understand for a few  people to make
$millions many have to lose 10’s of $thousands.
You can’t start small if you don’y have $100k, earn and learn
until you have it, once you open a $100,000 account you only
trade $5-10K of it at first, if you can’t make money…put your
money in a mutual fund.
For example right this moment at 6:20 Dallas time 12/11/2018,
the market is flat no movement, seems the current opinion is
buy the dollar. I don’t care what happens tomorrow all I care
about is tonight before the NY market opens tomorrow morning,
I bought 2000 contract eur at 113.19
Notice my leverage is 1:100, I could be trading 1:400,  but I won’t
I don’t like the risk.
I don’t use stops, I use sound alerts sometimes, trade an hour
trade 6 but if you can’t watch your trades…don’t trade, remember
there is a market 5 days a week for 24 hours a day and it will be there
the rest of your life.

Finally there is nothing that can make you more money than currency trading…nothing comes even close.

OutlawTM forex twitter 002

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Forex Daily Cut-Off

DEFINITION of Daily Cut-Off

In the Forex market, the daily cut-off is a specified point in time set by a Forex dealer to stand as the end of the current trading day and the beginning of a new trading day. This is done for primarily administrative and logistical reasons, because although the Forex market trades 24 hours a day, the market and its intermediaries require a specified beginning and end to each trading day in order to record trade dates and define settlement periods.


For example, let’s say a Forex dealer specified that the daily cut-off was 5:00 pm every day, and a trader placed two Forex trades on the evening of January 1 – one at 4:50 pm and another at 5:10 pm. Since the daily cut-off is 5:00 pm, the first trade would be booked as taking place on January 1, while the second would be recorded as a January 2 trade, since it took place after the daily cut-off.

The daily cut-off date is important in that it sets the value date for the specific trade. Because spot trades are settled T+2, the trade date is required. For example, in the scenario above, the trade done at 4:50 pm will have a settlement date of January 3, assuming January 2 and 3 are not weekends, and the trade done at 5:10 pm, will settle the following business day. So, despite the trades being just 20 minutes apart and on the same day they will settle on separate days.

Most currencies will have a daily cut-off of late afternoon eastern time. However, some emerging market currencies will cut-off earlier in the day, especially for those trades that are non deliverable.

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Iconic Buffalo Food

These 11 Iconic Foods In Buffalo Will Have Your Mouth Watering

Buffalo’s menu is diverse, with several unique favorites and new restaurants opening on the regular. While it’s nice to expand our horizons and try new cuisine, we’re always happy to stick to the classics. Here are eleven iconic foods that simply scream “Buffalo”:

Are you hungry yet? What are your favorite Buffalo foods to sink your teeth into?

Samantha Jo is a freelance copywriter, proofreader, and social media manager. In her spare time, Samantha enjoys drinking coffee, crafting, camping, blogging at, and sipping only the finest of boxed wines – not necessarily in that order.

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