20 Burst results for "5 10 Years"
"5 10 years" Discussed on Biz Talk Radio
"Business rock stars and we're here to inspire, inform and connect the community of entrepreneurs. Lawrence Weiner is joining us Right now. He's the CEO of B D I. C recap first. What your business does well, like I said, we're in a criminal offender monitoring space mainly focused right now on alcohol ignition interlock devices in which our laws in all 50 states we're trying to get approved in all 50 states were currently approved. Then 11 functional operating in approximately seven of them because we have incredible demand for the product, and we just received some funding to manufacturer a couple 1000 units, and we'll put those out on the road here pretty soon and get those monetized and into our recurring revenue stream. That's fantastic. We were just talking about how you know when is the right time to raise money. A lot of people are trying to raise money and it may or may not be right for their business. How did you know that it was the right move to raise close to a million dollars for your business? Well, it was based on stage. Demand. I knew that I had a demand for the product. I know that I needed money to manufacture my product, my product and we manufacturer overseas. Pretty expensive. There's you know, pretty intensive technology within this thing because I live reporting there's GPS. There's you know, there's it's not just there is the inside the device is a lot of software as well as hard. You gotta make sure nobody's getting screwed over. No one's getting screwed over and that you know the state's properly being reported to you and That nobody can tamper with the equipment and a lot of stuff a lot of stuff in there, So I had a particular hurdles across where I had this huge demand for my product. And I don't mean like individual demand from individual offenders. The the way we're growing our business and something you know would like talk about is how we're focused on growing. Our business is to find in this business, a state of the art breath Alcohol Ignition interlock device. Is not so much a concern of the consumer. Although you know consumers always drive sales. It's more of a function of the people that are in the industry, the judges, the probation officer, parole officers, the Department of Motor Vehicles, whoever you're doing the reporting to as well as the people who deal with these devices on a daily basis. These distributors who have been distributors or some of our major competitors for many years but are working with very old and ancient equipment. Our plan is to go in there. There and flip those distributors over to our device. This way. We put 600 units or 1600 units out in the market overnight, as opposed to one criminal offender at the time, that would take you know, years and years and years to do, Although, you know we do do we do have you know different palms? We do have our own retail that we do do our own one by one by one, So let's break it down. So you do one on one sales one on one day trying to trying to get yourself integrated. The distribution channels of other people. How does that has that process? Look, the process works like this. We gotta go. We get approved by the state of Maryland. Let's say, for example, engage just passed some very strict laws in this industry for people who are going to get these convictions, so the laws have become very, very tough. Now. There are people out there that already have 1000 customers who use these devices and already have built those business relationships in Maryland or Pennsylvania. However, the case might be they built those relations. For the parole officers and the judges and the bail bondsman in a different way that these these customers flow into our business. It really depends on the state and how it works. Where where the choke point is, could be the parole officer could be that could be the driving school could be the judge himself. So we're business People usually refer to as like the Gatekeeper gamekeeper. Correct? Yes, That's what the exact good work Good, good, good word. The gatekeeper for our business is different in every state. But once you identify that person, they've already have those relationships. They built those relationships for, you know, 5 10 years already, They already have a constant flow of new offenders coming through their doors. So all we do is basically go to them and changed from where they've been getting there from the manufacturer they've been using. I don't want to use anybody's name Competitors are competitors devices. Um, because we're you know, and they basically Or switching contracts. So what's the benefit to them, though, Because that's really the key here right is it's like, unless you're like their brother in lied like you feel like from a family like I got to keep this contract here. There's got to be a reason for them to switch over is absolutely going to get a little bit more money because they users know why. Why are they going to make a switch? Money is not the big deal here. Money and more or less for them will be the same. What wish this the switches the technology many states are going to require. Many states today require live reporting. GPS camera technology that many competitors don't have simply. We're going to have a better quality product. We stand by and represent ourselves with yours. Not so much that the Legislature has passed rules that my competitors devices don't even meet. Okay, so they're going to lose their certification in those states. Yeah, So those distributors that have built the business over 10 years with that device are going to be out of business unless they switch devices or the manufacturer that they're already using those and produces a more modern device. Most of our competitors are using devices that were manufactured. Before Bluetooth was even a word in the English language are devices so much more modern, so much more. It's wireless. It has GPS technology. It has camera technology again..
"5 10 years" Discussed on WMAL 630AM
"The number to call is 805 719968, Or if you want a complimentary copy of the book Mission, one million Pull out your cell phone and Dil 805 719968. That number again is 805 719968. Let's turn it back over to Tucker and Blake Tucker. You make an outstanding case for people with TSP's, uh, 41 Ks IRAs, people going into retirement to really look at some of these strategies that, um Can avoid large losses and can give us some stability in a volatile market, can't they? Yeah, I mean, we can't afford you can't afford to blow it Now. You don't have the time to make up those losses. Market is going to reset. I mean, the fact that that you know, we went from yes survey saying that 11% rate of return That's why you should get back in 19 in 2019 to now, people saying 79% is just that's really all you need to know when When the People on the street are telling you that the market's going to return those ludicrous numbers. It's really time to be defensive. That's what Wall Street's doing. Also another thing we have to hedge against, which is a big problem. Blake is inflation. We've rescued a lot of clients from making investment decisions where they're gonna be stuck in a fixed payment or even worse, they're going to be stuck relying on stock market returns to make their retirement work. We say no to that, you know, we now have been in the can opener. The can opener has now given us access to different strategies and products that weren't available. Yeah, 5 10 years ago and why this is important is that because we have such large amounts of inflation, your income stream has to be able to adapt and overcome that incomes, the inflationary pressures. And we do that with our FBI is with income writers. These income benefits give you the ability to not only never outlasts or outlive your money. You have your account, but he goes. You're the insurance company will continue to pay. For you and your spouse, But they give you cost of living adjustments. Now, why was this so controversial? Well, it was controversial prior to the can opener, because, frankly, you really couldn't get your money back. If you died, you didn't get your money back. It was really kind of bad. Well, guess what? Those products don't even exist anymore. Today. Now they're designed for what the marketplace Once Blake, the marketplace wants access to money they want Realistic and decent rates of return, not 1%. Every year. You know, they understand that they need to be launching care provision in our income streams. Which these most of these products to provide you call the modern updated products. I mean, they really are. They're not your grandfather's the type of products these days at all. And if you you make a compelling case to call us or go online schedule an appointment, it's you turn equity dot com at Tucker If for nothing else, get a second opinion. I know you're big on that. And you offer that and, um, if nothing, if for no other.
"5 10 years" Discussed on KTAR 92.3FM
"The difference between re finishing and re facing so the major differences we can re finish the existing doors, So if you have great doors, there's nothing wrong with them. We can re finish them 2 to 1 of the colors of your choice. And if you have the re facing part is if you don't like the doors you have. We can replace them with new, more modern style doors, something that you would like better one of the all the one of the things most people like right now is the Shaker style door. So if you don't have shaker, and you want them, we can put those on for you. Or we can do other raised panel doors. If you have recess panel doors, we can change them out to any raised panel door to Wow. So you're not just a cabinet re finishing So that's awesome. So so you can do all three and what so you can even do a little remodeling, then correct remodeling the cabinets repositioning them. So if somebody has a trash compactor, and they don't want to trash compact, we can build them a garbage drawer or something like that. Or if you don't have pull out shelves and you want them. We could modify your cabinets for that. Or if you have a little desk area, you don't like it. You just want it to be counter height. We can raise that and put in some drawers or cabinet doors or whatever. Modify the kitchen. You know, Vicki, we We've got a very expensive house that we're representing. As as as, uh, one of our listings and cabinet. Coatings of America came in. And they did that. And there was where there was an old trash compactor that these things just many times they don't work after And so people want to take them out. And they just had They just had nothing there. And I know I know that Cabinet codings Fill that in and it looks like it was absolutely meant to be. We'd like to make things look like they're supposed to be that way. So I have a question. So when I'm out in the new homes, um at the builders I noticed the cabinets are totally different today. The way they're building them. Then how they did even say 5 10 years ago there taking the cabinets up to the ceilings and I'm on your website. I'm seeing where it looks like you just added another row of smaller cabinets above the cabinets. Is that something that you do? Uh, sometimes it's doable. It depends on the size, but a lot of times what we like to do the Cabinet coatings way of doing that would be to rip those cabinets out and build new Cabinet so that it looks like it was supposed to be that way. We don't want the cabinets to look like somebody came in and added some cabinets on top. Okay. It looks really neat when I'm looking at the different photos. So if you want to check out Cabinet codings of America, you can go onto their website. You can see some pictures. They're awesome, but their work firsthand. We've seen personally in Carol's home, as well as many of our sellers and buyers have used him at the care. Oystein and I give them an A A plus five star rating. Hey, Vicky. You are listening. The Carol is real estate show. We're here with you. Every weekend will be back right after this short break and remember your home sold, Guaranteed, or Carol will buy it for cash..
"5 10 years" Discussed on Bloomberg Radio New York
"And if it's 5 10 years out, Whatever the time frame might be for your situation, we're recommending dollar cost averaging here. We recognize that We have some things on the horizon that may influence markets. We have an earnings season with high expectations. Coming. We still have fiscal policy decisions yet to be made. We have monetary policy decisions yet to be made, and we still have an ongoing pandemic. So we're fans of dollar cost averaging into markets and staying broadly diversified here. I also want to ask for a little bit more specificity in terms of inflation hedges because this is something Paul and I talk about with people a lot. Um Are you still looking at through the traditional inflation hedges golden tips or do you see people doing new and exciting things? Anything more complex, or I mean, I know Bitcoin is too volatile to think about it that way. But are there other Moves that people are making these days. So generally for our public markets. We're looking at those traditional hedge is right. So tips, gold real estate. We think those still Have as they historically have have some benefit some hedge to inflation in the private markets. There's something's going on there where people are maybe getting a little more exotic, but for us at our core, we're a fiduciary manager, where a bank here in the Midwest and so our approach has been to use some of the traditional asset classes. Use the idea of asset allocation again trimming and adding the newer potential stores of value or hedging against inflation. Things like Cryptocurrency still not in our portfolios, although we are Continuing to evaluate those All right, Chad, looking over on the equity side of the ledger. There's been little bit of a push pull between the the folks that have favored you know those growth names that have worked so well for so many investors, the the Amazons, the apples of the world, and those that have Really, you know, embraced this. I guess kind of rotation trade into some of the more cyclical sectors. How do you guys view the the equity side? Episode for our equity portfolios. We really do focus a lot on staying balanced between those two disciplines. We we don't typically make aggressive costs to overweight growth or value. Naturally coming in with a post recessionary trade were favoring a little bit of that value space. We're still looking at quality companies, those that are having good quality earnings growth. So the earnings season This time around will be very important to us, as well as thinking about the comparables for the rest of this year. So growth versus value for us is a little bit of the conversation, but it's more about the individual companies their ability to perform their ability to meet. Expectations. And with that said, What we have done is we've broadened out our equity exposures, so it's not just large cap domestic equity that we're using. We've been using mid and small steps as well. And more recently, we saw some value in international developed, so that's an area on the equity side that we actually have been adding to We think that theme of Particularly Europe, being a couple of months behind the US in their response, and they're reopening. We think that provides an opportunity for our clients. What you got going on for the fourth of July. Chad is Ohio Is Ohio all back and opened up? Are you guys ready to rock and roll their You know, we are pretty much open. I think folks are feeling really exuberant about being back to some level of normalcy here in Ohio and I have to tell you were a baseball family. So my high school aged boys are playing baseball all weekend, and I'm looking forward. Being in a baseball field. Reds of the tribe were a tribe family. Uh oh, God, I miss Ohio. I tell you, Paul. It has got to be one of the greatest states in the nation. I'm going to say, Doug, I'm going to take your word for it. Yeah, I mean, I feel like at least eight presidents are from Ohio. I've had this argument before with Brian Sullivan at CNBC. He's from Virginia. I think Ohio as the most presidents of any state, because there's one I can't remember who moved from Virginia to Ohio. But I feel like if you chose Ohio as your Place to die. That's almost as good as your place of birth chat. Great talking to you. Thanks so much for joining us. Chad ov it there. He is a director Investment management over at Huntington Private Bank. And always good to catch up with My people there in the salt of the earth. Really in the Midwest. Let's get over to John Tucker. Right now. You've.
"5 10 years" Discussed on KSFO-AM
"Whatever the hell that means in this case and created a tent city outside of City Hall and another one in the bar hopping area downtown. I believe I have hopped some of those bars myself. The mayor of Kansas City has now agreed to put all of these people in a hotel for at least 90 days, All right. Keeping in mind that a appeals court ruling recently reinforced out and kill unicorn. He has said that you can't run junkies and bombs off the sidewalk er out of your parks. Unless you have offered every single one of them a bed. In fact, you just You have to have enough beds and shelters to house them all. Or you can't enforce any of your laws. Any of your anti camping laws anyway. And then he goes on to say the article goes on to say how many more people are just one paycheck away from being in the same boat and how vulnerable a R and it's maddening. Instead of our schools, teaching racism, they need to teach people how to balance a checkbook. The choices have consequences and live within their means. Rent over. I need more coffee, D. C MK Don't California My Kansas That's Brian in Kansas City, And indeed I'm looking at the article here on the Fox affiliate. Interestingly enough. In K. C. And it reminds me so much of a lot of the earlier coverage of the West Coast junkie bomb crisis. Um, you know, from 5 10 years ago in which the open hearted kind people were saying well, it's just because of rising housing prices. And people have one medical problem and they can't pay their bills and they end up homeless. This naive unicorn riding ridiculous crap. It ignores the fact that most of these people are junkies, or just don't want to work the people who had one medical problem or and couldn't afford their place or whatever. They're not shooting up in the park. No, they keep to themselves there quietly, desperately trying to get the lives restarted, and I am more than happy to help them through the proper channels. You people. Your mom, I almost said you're stupid. Why would I be? Why would only attack the victims? In this case, which is the good people of Santa Rosa, California of Kansas City of Seattle and Portland and San Francisco or just trying to live their lives? Wake up people. If you make it incredibly easy and comfortable to be a junkie, you get more junkies. This is not calculus. Armstrong and getting.
"5 10 years" Discussed on 77WABC Radio
"Be my father. Big Bob Pain. We've got a great show this afternoon to help you on your path to financial independence. But I'm not going to discuss some of the common pain points and that's p A. I n That are giving you anxiety about your money. How to eliminate that stress in your retirement? Is your money really safe? Are you really managing your financial risk properly? Well, just because you think you're playing it safe doesn't mean you actually are. We're going to uncover the hidden risk you're taking with your money that you need to eliminate right now. And meanwhile, the Fed is going to raise interest rates sooner than later. Inflationary fears are everywhere. What does this mean for your portfolio? Is the market overdue for a big correction. We're going to break it down for you and our spotlight segment. Today. We're actually gonna review and break down someone's real retirement plan. So Bob when it comes to advising the 2000 and so families we work with that are firm pain Capital management. We found that all of us has specific financial pain points. They give us extreme anxiety when it comes to retirement, although we could discuss some of the bigger pain points that we see very regularly. All right. The biggest one is worrying about running out of money before he passed away. In other words, Are you going to outlive your money? Is your money going to outlive you is the biggest concern everybody has and should have. Yeah, And the problem is, it's worse today than ever, and in a good way, because we are living longer than our parents lived, and we have to plan for longevity. We know inflation's kicking in in a bigger way than it did the last 10 years. And those healthcare costs are just going through the roof. What it found is with the 50 or 60 portfolios to review every month. Nobody is addressing healthcare costs, and that's like the big elephant in the room when it comes to planning for your retirement. It's not just about making money. It's more complex than that. Right? There's a lot of decisions that have to be made along the way. You know what your withdrawal strategy from your 41 k or your retirement plan? What's your Social Security strategy? When you take Social Security can make a gigantic difference. And how much money you have in your lifetime. You know how much are you going to withdraw from your regular portfolio? Right? You're you know, there's a period time where you're accumulating wealth. It's when you're withdrawing that wealth. It's when your distributing that wealth is the most important decision you're ever going to make, and we are all living longer and healthcare costs are going through the roof. That's not going to change his name to change it. On top of that, with the trillions of dollars of the government's printing, I mean, every road leads to taxes are going up. I mean, look, doesn't matter where you live. Doesn't matter how much you're making. What we're seeing is probably your marginal rates going up. Capital gains rates are most likely going up. If you look at the estate tax that's probably coming down, so it's less money can pass on to your heirs estate tax free and what we found is most of you are not being proactive and actually dealing with these issues and right now, like you have to do it now, Inflation is going up. Taxes are going up. You can't just sit and wait around. You're going to miss the biggest opportunity have from a planning perspective, maybe over the rest of your life. So Rob, we have taxes to worry about. We have volatility to worry about. Now you're telling me that the biggest concern to have is is when the market going to crash right? We had somewhere suddenly the other day sound like, Wow, it starts at the market's going to go down. It's gonna crash soon, Bob. Let's do you know it's like it's almost like there's a schedule for it, but you know, there's a lot of anxiety about when is the market going to have its next correction? Right. It's no secret. If you look at American stocks or the the bigger companies, they are probably overvalued based on history. So that does lend to you know what kind of diversification you need in your portfolio, and this is all coinciding with if you're in what we call that financial red zone, whether it's like Your 5 10 years away from retirement, Or maybe a newly retired, You have to start thinking about at some point that paycheck is going away and all of a sudden you've got to be dependent on that social security. You've got to be dependent on how you draw from your portfolio. I mean, it's probably one of the more anxiety ridden times than ever when it comes to financial planning, But Bobby and there's a lot of things you can do right now to relieve an anxiety and get rid of a lot of these variables. So you're not staying up all night wearing about it? It's almost as a lot of people we meet with Friday. Just walk around the yellow brick road going lions and tigers and bears. Oh, my, You know, it's like they worry about all these things that you can't control and I think that's the first step. The first step is understanding You can't control what happens in the financial markets with the economy. What's happened with the federal government's happened with your taxes, but you can control how you react to it and how you plan around that, and that's what all comes down to right. The difference between planning and not planning is interface between having a lot of anxiety and having what we would call stress free retirement as we like to say, Bob Is building your portfolio Retirement plan to the sleep point, which I love that you say that And right now, this is the time to do it..
"5 10 years" Discussed on WMAL 630AM
"I am Blake and there's Tucker. And we're glad you're with us today, and we've been talking about guaranteed income in retirement. Let's face to Tucker and pretty important when when we hear all the time from people that call in and email us or come to our dinner events that They're concerned about volatility in the market and not having enough income in retirement. And what you've been talking about is guaranteed income pay raises when the markets up and guarantee of your principal. So no loss in your principal, and you can never run out of money. Tell us more about that. Yes, not running out of money is obviously a big component of this, but also every payment that you get and the market goes up. You're receiving a pay increase and that pay increase. Never Was down. So you're having a built in cost of living protection. But the way these products are designed is that the insurance carrier takes on the risk that you're going to live too long. And if you live too long, and your account value goes to zero. Well, that's too bad. Because guess what happens. They continue to pay you. They continue to pay you and they continue When you pass away. They continue to pay your spouse That is unbelievable. No other product gives you that kind of certainty. And when we talk to people that are bound to retire, Blake, what do they want? They want a way to replace their income, since they're no longer working. It's pretty simple. And guess what, Blake? They can't afford to make a mistake with risking their money in the market money that they're going to be using for income purposes. They can't afford to take those risks. Because if there's a market pullback, which were in year 12 of a bull market, setting aside last year's debacle would covet that killed himself within about four months. That's an aberration. That probably won't happen again. And that is something where we have to understand where having those large losses will absolutely deep six. Our retirement. We can't do it at the same time, everybody knows We Kansas Park our money in the money market account. We can't park our money in the G fund because it doesn't yield enough. We lose buying power, and we're not going to be able to maintain our standard of living 5 10 years 15 years from now, right and and, you know, people love the guarantees they love guarantees, and that's what this is all about. This is why we're talking about these because it's so important to have for people to have enough money in retirement. You're listening.
"5 10 years" Discussed on KTOK
"The markets followed him. We better We better back it off. That should be assigned to you that you're probably a little more risky than you really should be. Overall. If you've already baked in an appropriate level of risk, you don't feel the urge and the need to constantly bounce in and out of the market because no one can accurately time the highs and lows of the market. All the time. And Damon, one of your favorite slides is showing that very thing about you know the market going up and down and you love showing that slider to clients when they want to do that. We? We rarely make changes. And if we do, it's a long term. I think about Goldman Sachs when I recommended we liquidate them, and actually, we fired him. I mean, to be truth be told. We're firing Goldman Sachs. This is my recommendation, and we are hiring another firm to replace that for that part of your portfolio. You don't do that on a knee jerk reaction. It's over a period of time. If we are not getting the returns that we expect in the top quartile if for whatever reason, their differing and they're, you know, wavering from how we And why we have that manager then That's a reason. But you also have to have a replacement. It's just like you take that picture out of the game. You better have a better replacement and you better have a good justification for it. You don't do it just to be doing it. And I see that a lot with men They want to come in and talk about, you know, reducing rest now because we have an open architecture platform. We can with a stroke of a pen. Increased your risk level Damon. So if it's you know, for being too risky, let's say are not risky enough. We think you know what we're very, very conservative or a profile, too, however. The market's doing extremely well. I still have 5 10 years before retirement. Do I want to take on a little more risk and go to a profile? Three or four? Yes, we can. Does that mean we sell things and I know with the stroke of a pen. We can do that, And furthermore, we can do it with just part of a portfolio. Now that's a good strategy. And we've used that within many clutch. You don't do your whole portfolio. You know, you may have let's say five accounts with you and your your wife. Um gentlemen, because it's always a gentleman that want to do it. And so we say, Okay, Well, why don't we think about this? That's a great idea, however, let's just take one account or two. It's like precision precision surgery in a way. Uh, you know it is. You know, women don't try it as often as men. As a result, they tend to pay less in phase because when you're making all these trades in all its costly and men have a tendency to forget about that. A lot of times will come in, and they want to brag about this particular stock that they you know they purchased and all of this and then and I go. Okay. Well, what were the fees? I know what, Like, Okay, Well, you're talking, You know net right. And like net. Yes, you've got to talk about, you know, Okay. This is my return. But then what was the cost of that reminds you got her deductive Reminds me of the story. You tell about what? You went to a meeting, and there was some people presenting on their returns. And you were one of the few women. I guess you were the only woman in there, right? And you were the only one that spoke up and say, Now you guys are talking net returns, right? And weren't that kind of hemming and hawing about? Well, well, well, well, you know what they were, and I mean, it was in a brochure. Hey, it was at a Galardi Country club in the boardroom, and and I gave him all plenty of time. Just tell whether it was I said, Well, I don't present anything to my clients. That doesn't have the word net because who cares what your return is, Unless you know what the net and when we build our to me, It's mine. I want to know what's mine. That's what we build it based off of. Okay if you need X amount, and we need 6 to 7% over time. That is the net number that we're talking about so that, you know, Okay, Here's the target we're trying to achieve. Exactly. And I've asked that my whole career is like Echo is that net? I mean, when you get this deer in the headlight looks you go, okay? That answers my question right there. It is not met. Um, we have this is actually we did two companies that way preservation strategy came out with they were the only ones in 2000 and eight That had a really positive return in the strategies that we had, and it was very preservation. It was very conservative, but they were touting over a 4% return. And when I challenged him again, I said, is that net And they were like Well, No Yeah. Now, why would you ask that Victoria and I said, Because I only care about net. And you don't sit in front of the clients during the strategy reviews and have to answer these questions. Yes, very simple, because when you see our reports, it says, right at the bottom net to you. I took it for years. It took me to get a simple report that shows the client net. You don't have to guess. We show it to you and it stated right there. This is net. Okay, so I don't have to calculate and figure out Well, what are my fees and this and that? You know, this is snapped to you. So you know exactly. This is my return. And then you go. Okay. That's fair, because when you look at it, and everybody needs to be paid, I used to talk about all the time. Diamond. Um, especially when I was on this mortgage show that when you get when.
"5 10 years" Discussed on WCBM 680 AM
"To get employees saving for retirement. And currently, workers who are at least 50 years old can make a catch up for their retirement accounts. For this year. Older workers can contribute an extra $6500 to a 41 K or 43 B plan After hitting this year's limit of $19,500 it first Simple IRA, you can contribute an extra $3000. But under the proposed bill, workers between the ages of 62 64 can would be able to contribute even more to these accounts, and you know, let's face it. They're getting closer to retirement at that age for 41 K and 43 B plans. These employees would be able to contribute an extra $10,000 up from $6500, while participants in a simple IRA Could contribute an additional $5000 up from the current $3000. The proposal also calls for IRA ketchups so you can contribute more to a four Oh one K and Contribute more to your I r a. I think it's a great idea. I think it's really good. You know, because people, you know they're they're they're maybe they haven't saved as much as they would like to. And they're staring retirement down. You know, maybe 5 10 years down the road. Now they can catch up more and, uh, get the tax write off. The proposal also calls for IRA ketchups for those who are 50 years old. To be indexed to inflation starting in 2023. So two years from now, let's say the inflation rate continues at 6.5%. Um, they'll be able to contribute even more based on inflation. That's that's that's been a long time coming there and you're right. Traditionally, employers must match participants contributions to their retirement accounts. But Some workers may be unable to fund.
Liberals Lack Knowledge on the Meaning of Biden's Wealth Tax
"You're in a house. You don't think of wealth tax gonna hate you. Wait till the wealth taxes, you know, they failed to index it to inflation, which is only running at like 56% right now, and you find yourself in the next 5 10 years being one of those air quotes, super rich people. Cause it wasn't indexed. Have a house You bought New York for Don't know. What's the average house in New York going for New York City, Queens? Probably 5 600. Probably more. Property values are pretty high. Who knows? So you bought it for 500, right? As my brother said he calls them hand does You buy it for 500. House is worth 7 50. You have a capital gain of $250,000. You don't sell your house. You get a tax bill. You liking that? How does that sound for all you, Bernie? Acolytes out there? We gotta get those millionaires. They're the worst ruined the whole coming. Yeah. Yeah, Million. He's talking about you. Imagine that you get a tax bill. You haven't even moved. Nor do you plan on like. No, No. You owe taxes on the $250,000 gain in the value house. What do you mean? I haven't even sold it. Doesn't matter. It's an asset asset tax. Liberals are like That's what that means. Yes, stunts. That's what that means. There's all higher idea. What do you read? Of course you didn't know Reading isn't your thing. Remember those PSAs where kids reading is fundamental, usually try it sometime. Event, huh? That's for this guys. Sure. Believe me, I wake up every morning thanking the Lord Almighty. And I am not using his name in vain that I am not a liberal. They probably think that they probably do the same thing by the way. I don't want anything to do with stupidity. You want a wealth tax, and you think it's only going to affect rich people? That's hilarious. How about that? Not only that You're paying taxes on your house? How about you paying taxes on your stock portfolio? Yeah, Yeah. No problem. We pay when we sell. No, no, no. An asset text means you pay
"5 10 years" Discussed on WGN Radio
"Follow us on line like us, share us and do whatever you want with us on Facebook. It's supposed to be good for us. I don't understand it, but they say it's good for us, Joe. So how many people do we have watched all the young All the youth? The youth? 9 10 10. We're we're losing. We're crushing. We're losing people. Maybe we shouldn't tell her all the way up to 12 before we were better when we weren't telling people to listen, I don't know what's going on 3129817200. Lot of our listeners are putting money into their homes are investing back into their homes because they're staying in their homes because their homes are now more valuable. And those that are leaving their homes are putting a little perfume on the pig. If you will sorry for that comment, miss, uh, real estate professional over there, But that's the best word that I could come up with it. They're trying to make their current home look better. Put a coat of paint on it. They're going to have some people coming through and they're going to have, uh, pictures and photos and videos and all that stuff they want to make the house look as presentable as possible as marketable as possible. And this new paint because as as people come through, they run in the walls and leave marks and all that stuff. Can you tell us more about this? This wonderful new paint that came out three years ago? That seems to be taking the your industry by storm. Yeah, it was a game changer for us and especially, Benjamin Moore. Um, we It's just something we've never seen before, and it lives up to its billing. It is scuff resistant. Um I have been in the process over the last 34 years now, since it came out two of repainting my house. I have two kids 12 and 10 and Instructors. They're totally destructor is you know you're still going to get like If your kid eats peanut butter and jelly sandwich of peanut butter on his hands are still going to get we don't serve it to us again. Why are you looking at me right again? It's like she said something sensitive, your super sensitive and you hold his hand up as if they like, stick their hands in the peanut. But at least I use a tablespoon, Okay for the love of God. Back off, everybody. Jo brand is like Like poisoning. Everybody feeling good about yourself today, David, not I'm sorry. There, Tony. Go. So like, I mean, it'll still it'll still even, uh, a stain if if your hands are dirty or something like that, But if they're going to Chuck there You know, backpack, 30 30 ft across the room and hit the back wall. It's not gonna Scott fund Why? What? It's the resin that's in it. It's the actual like resin, so it has nothing to do with the sheen. It comes in four different scenes. I personally like the matte finish. It's It is a little and the shining or side, but it's like a wo sheen finish. Um, but for doors and trim High traffic areas for commercial buildings. We saw that elevator vestibules entryways going up staircases. I mean, it's just been a great game changer. Skull FACTS by Benjamin Moore. Any color. What were you so out about the front door being black and houses being so I asked. Tony, this show is actually better. One more round break, isn't it? Because we have We got more stuff going on. Yeah, we're just all right, so, but I read an article aim and you could approve of this or not, Um, a black front door on the average return on investment. You'll make $60,000 if you print your friend or black, so, your house You believe that? You believe that, Amy? I painted my black my front door black. Oh, there you go. There it is. See? All right, But do you agree with that statement? I think it's I think that there are trends and so could that be a trend right now? Maybe so, same article. They said. If you paint your house is yellow, you will get $9000 less. No, your grandma's house at that point. Oh, yeah, True. So if your fashion right and it's just not black anymore, like we do, submittal process is to architects and designers and like 5 10 years ago, we would just submit black. It's like stock black now that will get rejected. They want like a specific black. It has to have, like a a muddy undertone or have a little fade into it. So not only is there just black is like 30 different varieties of black that people are going with now. I have no idea. Yeah. Is there Is there a price differential for this golf proof paint and texture? 708. This guy needs to mention the brand of paint. We probably a million times. Right? So they're Benjamin Moore Scuff X. Alright, That's one Keep yes, Benjamin Moore Skull Facts does not scuff. It is a higher quality paint. Benjamin Moore's Pinnacle is their aura line and then their regal. This is a niche product. This is something for People that have you know, Children or Don't have darker walls that really show scuff marks. Use it on accent walls. Use it in areas like that commercial spaces. Like I said, Elevator vestibules cafeterias. Um, schools use it everywhere. We send powers of it to school. You do a lot of commercial work. I do. Yes, And you were and we got another text message from the 312. What's the name of that cock for the.
"5 10 years" Discussed on KOA 850 AM
"We appreciate you taking us with you on this holiday Monday. These are stunning statistics nationally, women accounted for 54.5% of all the jobs lost in 2020, yet they make up just 47% of the labor force. In fact, more than 2.1 million women left the labor market entirely. Since the start of the pandemic, it's being called a she session like recession. Our next guest is a working mom of three who founded the better after Baby app the mama Sago's and wrote the Guide to Survive Motherhood. She's also an editor and health line. Saralyn Ward joins us now. Wow, that's quite a resume. Oh, thank you so much. Thanks for coming on. So have you noticed that female exodus that your businesses or others that you interface with Yes And no. I think you know a lot of the issues that have been plaguing low income families and families that air Trying to make ends meet, have really come to the surface and now risen to the forefront as collective issues that we're all facing. You know, the struggle with unaffordable child care, the struggle with not being able to find child care. All of those things have really played a part in what we're seeing now with Cove it But, you know, there's also a big the main driver of Women leaving the workforce is not just child care, but also that a lot of those jobs that were lost were primarily female industry. So we just have seen kind of a 12 punch for women across the board this year. So I was gonna say you have the majority of those women who left if they were moms, But it's there in an industry where is predominantly female. Or or the like. What are those industries? What were they? What was most hardest thing? You are? Well, you know, education was hardest hit. Hospitality was hardest hit. The restaurant industry is part of pit. There's a lot of those jobs that we see are actually hourly jobs that women have traditionally held. Now. That's not to say that there were other jobs that weren't affected or other women who were impacted. But I think the thing that we need to remember is that this is not an isolated issue. This issue is really the combination of several issues that have been plaguing working women, especially for a long time, but working The push you go little further on that. How tough is the pandemic? Been on families Overall, Do you think Let's put it this place when school for shuttered and we had to take on remote learning. All of a sudden, many parents felt they had to choose between the needs of their Children and helping the Children succeed or their job to be quite once because the issue is that you can't do both, and all the sudden we were asked to do all of it and so the stress level that that created Was unprecedented on top of the fact that our workplace systems and protocols were already not really set up to help working parents drive. And you know, it's easy to talk a lot about working mothers. But working fathers are also being impacted by this, and I think one of the things that we're seeing now is that the expectation over the years has been that women would be the caretakers. And so of course, women left the workforce more so than men, but That doesn't mean we don't need help, and men need to be able to step up the childcare responsibilities as well. And so there's an expectation that needs to be shifted that women are always going to be doing the work of nurturing. I think we need to see A little bit more parody on that with the genders, something that we've been talking about on Colorado's morning news is the mental health aspect of it. Which kind of dovetails into my next question, because you served as a moderator for a talk about maternal mental health and as a participant at a round table to inform about, Let's talk about child care policy. For a lot of those experience shared experiences where they different, depending if they had another spouse at home, helping or do you see something that's a trend throughout the line. The answer is both. So for sure. Single parents and single mothers especially have you know twice as much stress When it comes to trying to balance work, life and family life. They don't have an option. Not to work right so that that is 11 important factor that we have to think about. But regardless of marital status, we're seeing a big strain on mental health of working parents, especially mothers, because, like I said, this is a combination of several issues that have had before not really been talked about. So, for instance, when a woman leaves the workforce didn't care for her child. Or to care for family. She's 50% less likely to get a call back for a job. She's 79% less likely to be hired. So it really sets in motion this domino effect and when we talk about which parent is going to leave the workforce to care for the Children often times it's the women because they make less money per hour. Traditionally than men do so white women make about 79 cents per dollar that every white man makes and women of color makes 65 cents or less per dollar, depending on the racial stratification. So it's really I mean, when it comes down to it logistically, the parent who makes the left the least amount of money is blood more likely to be the one who stays home with the child. But then we see the domino effect where it's harder to get hired again. It's harder for women to them, but she pay equity. We don't have you. No paid leave in place. And one thing that we're noticing is that there's a huge correlation between postpartum depression and lack of paid leave. So the sooner a woman goes back to work after having a child, the more likely she is to have postpartum depression. Well, speaking of going back to work is this a one year blip on the work? Radar? Do you think the pandemic is it all going to start opening up again, and women are going to be needed again and In great numbers as they were in the past. Or is this kind of a lasting impact? Well, I think it's actually going to have a lasting impact, but a positive impact. I am optimistic that this is going to be the turning point. We're at a crossroads. Right now. We're realizing what doesn't work and we're realizing that we need to shift our expectation as well as our perspective of what a successful worker looks like. So we need to have more flexibility for working parents. They need to be able to go pick up their child for a three o'clock doctor visit and then go back to work at home after dinner. Those are the kind of things that we need to start seeing more as a society and I think those rigid 95 hours are gonna have to change. What this pandemic has shown us is that it's possible to get good work done with some of these nontraditional hours or while we have Children at home who are sick. And a lot of parents were sending their kids to school six before because they had no other option. They had to go to work, and now that's not an option anymore. We can't be sending our Children to school with germs, so there's gonna have to be some changes that are made, and I'm hopeful that this is really going to be the incentive for us all to re examine what it means to be a working parents. It just may be on the surface, and maybe it's just the label. But I noticed that linked in was going to allow people now to put on their profiles is a title as it stay at home, Mom or or stay at home, Dad. I mean, it may be again just signaling and maybe not doing anything about it. But do you think that's a shift in the right direction to say, Hey, that title? And being a mother is important. And even if I'm a mom and stays at home, that's still working. Still a job that's still a career and some would argue myself included that it's more work to stay home with kids. But what I think is important. It's not just the labels that needs to be there need to change the stigma around it. I mean, the problem is that women might stay there. Stay at home Parent for 5 10 years while they're kids, they're young, and then they want to re enter the workforce. And there's a stigma around the fact that they've been a stay at home parent on. I think that that is what we really need to focus on changing more so than the label itself. Your book is the guy to survive Motherhood? Saralyn Ward. Thanks so much for your perspective. It's a great one. And we hope that women are encouraged to get back in the workforce and get those good paying jobs again, too. Thanks so much..
"5 10 years" Discussed on 90.3 KAZU
"That somebody became infected and left the laboratory. Inadvertently carried the virus with him the laboratory in question. The Wuhan Institute of Your Ology has collected viruses in the field, and they published some of the genetic sequences. So far, none have matched Sarge Cov too. Lena Chan is a geneticist at M. I T. She says there's not enough evidence to know where the virus came from Both scenarios, the stew on the table she's been pushing for more thorough consideration of the lab accident theory. Former president. Trump frequently raised the possibility of a lab leak and chance says that made a tough for scientists to impartially discuss the idea. She hopes Biden's announcement will change the tone of the conversation. I think it opens the door for other scientists to do wait and without being called conspiracy, jurist. I mean, we're members of the scientific community calling you a conspiracy theorist for for saying this. Yeah, lots of them. E was combative Insurrectionists and Ewan on. In the end. All three scientists agree that the available evidence is not conclusive and all welcome The intelligence community's investigation. Chan says the question of where this virus came from needs to be answered all lives. Depends on finding out how this virus got started so that we can prevent another one from getting started in 5 10 years from now. Geoff Brumfield. NPR NEWS Washington The movie business is slowly coming back to life this summer will meet Marvel's first Asian superhero, a duo of friendly teen sea monsters from Pixar and a recreation of the Queen of soul. Aretha Franklin, the full slate of summer movies next week on all things considered. You're listening.
"5 10 years" Discussed on KSFO-AM
"Got this note from Brian and Kansas City. Jackie lived in Kansas City area for a number of years. I did miracle. Um, I live not far away and spent many a pleasant day in Kansas City, both with my wife and kids and sometimes going toward the ball games. But Brian writes. The Metro of Kansas City is always leaned. The blue is most big cities do, But now, apparently, we're taking advice from California. We have homeless that seemed to have surged and started a union. Whatever the hell that means in this case. And created a tent city outside of City Hall and another one in the bar hopping area downtown. I believe I have hopped some of those bars myself. The mayor of Kansas City is now agreed to put all of these people in a hotel for it least 90 days, all right, keeping in mind that a appeals court ruling recently reinforced out in Kalyan, a cornea said that You can't run junkies and bums off the sidewalk. You're out of your parks. Unless you have offered every single one of them a bed, in fact that you just you have to have enough beds and shelters to house them all. Or you can't enforce any of your laws. Any of your anti camping laws anyway. And then he goes on to say the article goes on to say how many more people are just one paycheck away from being in the same boat and how vulnerable they are. And it's maddening. Instead of our schools, teaching racism, they need to teach people out of balance a checkbook. The choices have consequences and live within their means. Rant over I need more coffee, D. C. M K Don't California My Kansas That's Brian in Kansas City, And indeed I'm looking at the article here on the Fox affiliate. Interestingly enough. In case E. And it reminds me so much of a lot of the earlier coverage of the West Coast junkie bum crisis. You know, from 5 10 years ago in which the open hearted kind people were saying well, it's just because of rising housing prices. And people have one medical problem and they can't pay their bills and they end up homeless. This naive unicorn writing ridiculous crap. It ignores the fact that most of these people are junkies or just don't want to work the people who had one medical problem, Oran couldn't afford their place or whatever. You're not shooting up in the park? No, they keep to themselves there quietly desperately trying to get the lives we started and I am more than happy to help them through the proper channels. You people. You're you're amount. I almost said you're stupid. Why would I be? Why would I d attack? The victims in this case, which is the good people of Santa Rosa, California of Kansas City of of of Seattle, and Portland and San Francisco are just trying to live their lives. Wake up people Armstrong and getting Do you suffer from lower back? Pain, knee pain, foot pain or fallen arches, do you If.
"5 10 years" Discussed on REAL 92.3
"Big boys neighbors. Good. I've got 99 problems, but a game one getting into the Rock and Roll Hall of Fame ate one. I got 99 problems with manager Jay Z. We gotta celebrate him Big because he is being inducted into the Rock and Roll Hall of Fame that he's eligible to. Wow. I love this. I really do. But what I also love Is the fact that you've talked with Jay Z about being inducted into greatness. That's what you said the intention of being great. If you show up every morning be great. And then that's what happens is the people that That be intentional. I'm doing this for the Hall of Fame, or I'm doing this for the Rolls Royce. That's temporary. Those the guys that don't make it to the whole damn. Yeah, That's when I'll got inducted into the Radio Hall of Fame. And now you know what it feels like. Look at this copycat. He's going into the rock and roll Hall of wannabe like Big Boy call you of Jane. Speak Well about you. So, Yeah, This is like I said, this is going to be. This was the first year that he could be inducted into the hall. If you have to wait 25 years from your first record release third solo rapper he follow Was to pocket biggie, But I mean, is Jay Z. Like, how can you not have the rock and Roll Hall of Fame was crazy man is I was looking at some of the voting. You know, when they were I didn't know they like right now as we sit and talk. I don't know that he had made it in. That's dough as though L l get in. Don't like I thought. L l got in when you when you were naming the artist. Oh, then I have to check his. I was just very excited about Jay Z. And then I kind of right about God and he was right there and it was something with Elena. But Congratulations to Jay Z Man and everyone who's being injected. Yeah, that's beautiful. What I would love to see or like, kind of predict is in 5 10 years. Who else is going to be inducted? Like When are we going to see Drake? When are we gonna see low way Whether we What are we gonna someone being somewhere without a phone, So I find out when I touch basis. You know what I'm saying? Yeah. L is getting addicted to this shit. Oh, that's old man..
"5 10 years" Discussed on KIRO Radio 97.3 FM
"You have There's no accountability for me. Because I don't see your face it all you know. What have you done? What you do it You can hear rubbing up against the black guy round by the way in 5 10 years, John, That's my eyebrow. Even the few we've method is going to be passe. Stem cells stem cell transplant You're gonna be the wave of the future invited 10 years they think that will be the way most of us keep our head of hair. Okay, Well, you know, I don't need to that. I went to Bellevue went to Bellevue to the advanced hair and two and July 13th. Fixed its way. Just did a 10 minute commercial for you, John. And this was interesting. My eyebrow. Yeah, don't trim that. Make it part of your character. E. No man with giant eyebrows, dogs. I write something. Some movie. All right, Tracy. Go ahead. I'm sorry. Okay? Okay. No. And you need to turn those eyebrows. Okay? Couple of things right now we're watching. And that includes the 5 to 2 backups getting into Highway two in Monroe. This investigation will continue, so drivers need to use those alternate routes. I'm looking at some heavy traffic right now. A south bound on not only the Valley Freeway shy of four or five most of the way through Robert Looks like our Valley Freeway Drive or sorry. Our West Valley Highway Drive is starting to ease up outside of South Center. It's still pretty busy leaving Kent drivers are also running into some delays on South 25 heading up cells in our hill and continuing on south on 99 through See Tak. It's a very slow drive on south and for old live near 44th in Newcastle. You know, D O t has nothing blocking there. But that's a significant break in the backup. I believe that there is something that's blocking their drivers look great across 5 20. I 90 no problems on that north or south and five drive through downtown Seattle. Traffic is brought to you by Subaru Puyol about whether this time here could be stressful. Unless, of course you're in your company. New Subaru from Subaru pew of Super Appeal If your stress free dealership Cairo Radio, real time traffic Tracy Taylor. Good afternoon. Would you like to try a free sample of our double fudge? Brownie? Oh, sure. Hmm. That's very good. I'll just take one more just to be sure. Yep, Still very good. Some things never change, like never being able to take just one free sample and Geico saving folks. Lots of money on their car.
"5 10 years" Discussed on Newsradio 970 WFLA
"5 10 years, perhaps as soon as early next week after an advisory panel of the Food and Drug Administration recommended the Fizer Corona virus vaccine for emergency use in the U. S supplies will be scarce at first, But Alex is are the health and human services secretary. Said 20 million Americans could be vaccinated within several weeks. The Centers for Disease Control and Prevention will meet this weekend with its ruling on the vaccine. Fox's Caroline Shaw, lively another 224,000 cases of the virus, reported Thursday in the 1st 10 days of December. More than 24,000 deaths have been blamed on the virus. It will not be a coronavirus economic relief deal until next week at the earliest. And House speaker Pelosi says it may have to wait until after Christmas, Louisiana Congressman Steve Scully says every day of delay hurts more of the people who need the help. The most small businesses don't have the time to wait on a new president or some political game by the speaker. Before they make a decision on whether or not they will close for good. Then it needs to add its approval to a House passed stopgap spending bill today or the government spending authority could expire at midnight. Before states being sued by Texas in the Supreme Court for changing the election procedures and filed their responses to the lawsuit. Asking the justices not to hear the case. The Texas attorney general Camp, Paxton tells Fox News of Nice is a really important case, not just for this election, but it sets the standards for how our elections are going to be in the future. Whether we're gonna have the opportunity of Elections that we count on that We trust magazines, persons of the year for 2020, Joe Biden and Kamila Harris, the magazine CEO, saying they offered restoration and renewal in a single ticket. Leaders of the European Union of voted to cut their greenhouse gas emissions by at least 55%. By the end of the decade. America is listening to Fox News. From the Florida Central Credit Union home Loans. Traffic.
"5 10 years" Discussed on KTRH
"It is 5 10 Year in Houston's going news. Have you early voted yet? Sharon? No, you haven't. I have not been scouting out locations because I have Ah, Ah, homebound person who's freaking out over going to vote in person. I understand. I understand if you need some help, or escorting him to the point, I'm going to do it. Okay. Let me know if you need a strong arm will be glad to lend you a hand. If we need But I got mailed applications for mail in ballot, but I didn't send them back. And neither did I. Neither did I ask for it, But you got a ballot. You've got an actual ballot. I got an actual ballot, got a registration and actual ballot. Unsolicited unasked for that is illegal. So again, Okay, that's harvesting. So I went so I went to vote. We voted out at the Lone Star College out in Tomball. And I showed up there and they said, you know, they asked me a few questions about whether or not he received a mail about I said yes, but it was unsolicited and ask for it Perfect. That's all we need to know. So if you're somebody who got one And you didn't ask for it or wish to claim that you didn't ask for it. They will give you an affidavit Design. So they can hopefully put the two together the mail in ballot Cancel that, and ballot fraud doesn't exist right now. All I would have to have said was, if I'd said nothing about getting one And technically, I could have voted there and then gone ahead and filled in the mail in ballot Senate in and chances have been catching. It were probably not super high, but be prepared. If you you may get asked about that. But the other night it was quick in amount I would say in 10 minutes.
Apple Event: New iPhone 12 With 5G Capabilities
"News today at one o'clock less than two hours from now, Apple is going to unveil its iPhone 12. They are I'm Notorious around here for not having an iPhone. But I am getting pretty excited about this. And to his credit. Tim Cook has done a fantastic job diversifying Apple away from the iPhone. I think that is a fantastic, bold move driving up demand for the air pods and the Apple Watch has been. I think there's no other way to describe Justin genius and a fantastic, successful move. I'm wondering if this new iPhone is going to kick off the type of excitement that we saw about Apple products back 5 10 years ago. Remember used to have lines lines lines all over the place. You had just a ton of new features on every new iPhone that got kicked out. People were upgrading literally every year that hasn't been happening. With the advent of five g the fact that Apple is early to the gay usually when new technology like this comes out apples pretty far behind the wall. They let it be tested out by their competitors for a year or two and then push out their own version. There's a lot that hypothetically could start happening with five G. If if we get the network's up over the next year and a half, I'm wondering if it isn't at the big issue like the we're way beyond the way, maybe. Well, the that the whole idea is you by the five G phone, but you can't use it. Yeah, I mean, you remember back with for G when that was rolled out often times, you'd be using your phone. It would still be using the three G network in Noah's forthree compatible So, Yeah, we are way behind that. But I also wonder how much it matters. Like you and I are aware that five G isn't all that great in United States, but The companies are still going, tout it and tell us that there's five year coverage nationwide. Right? That's not going to stop T Mobile from telling us that they've got the most robust five G network in the country, even though I know it's you know, not much coverage and not very fast, They'll still tell us that it is so I wonder if people still get excited about
US-China rivalry hinders a struggling HSBC
"We've seen fall out over the UK is World Way decision suspensions of extradition treaties on most recently. Hong Kong considering on election delay That could mean HSBC's business shift may prove untenable under its current structure being listed in the UK and Hong Kong while supporting China's national security law, expectations of more drastic action on earnings, they are increasing well for more on this. We're joined by Bloomberg Finance reporter Harry Wilson. Thank you so much for being with me, Harry. Look, first of all on H S B. C. It was unusual, wasn't it? That HSBC made the statement that it did about China's controversial A new law that effects Hong Kong. Why do you think they did that? I can only surmise they come on the enormous amount of pressure to say something on it. Normally, banks, particularly HSBC have like to remain entirely apolitical. Getting into politics just isn't in the DNA. And I think the fact that they felt they had to come out and say something publicly shows that probably not saying something will was seen as a school, too. So we certainly have picked up in the last couple of months that our thanks senior to perfectly are getting a little hum. I think a lot of cools a lot of Um ah, imploring from their Asian businesses to basically toe the line of it more when when it comes to Christo. Events in Hong Kong and China. Okay, so that on the security law on the flipside, of course, the pressure in response to that Was was also apply from the UK side. So it's kind of ratcheted up the political pressure you know, on in both parts of their business, surely Yes. So they are getting pressure from all sides. Not just something you came to. The U. S. Is also called him out over this and they're really in a very difficult position because effectively theory some game we'll have You say that since Beijing China onside Is seen in the West to UK us being, uh, essentially going against Western policy, so there isn't really a wind for them haters. In some positions, they can take the fetal sides happy so But trying to be trying to walk a line between them, which sees the increasingly difficult Do you think things matters are going to get worse? And how does it affect the business going forwards? It's a UK bank, but that makes most of its money in Asia. Well, exactly of you should go back with the ancient history of HSBC in the late eighties early nineties recognized this issue, which is why they part of reason why they decided first byway and size of Midland Bank and build up a business. Outside of Asia more than they had at the time, and that was, in part at least a recognition that the situation could become more difficult. Posi handover of Hong Kong in 1997 Now what we've seen since 1997 attempts become a global bank has hit some some brake blocks from headwinds off late, So now they find themselves in a situation where There probably is exposed to Asia optically Hong Kong as they have ever been on that places them in a very difficult position. Because see they want to continue doing business in Hong Kong that increasing against me that they got here to the lines of China, But of course that puts a man on a collision course with Earth. With the U K and the Y the West. So how do you think that this is going to be expressed then? Potentially in earnings? I don't think we're going to really see anything. Take Lee and the earnings on this Aziz yet we're really in the Very early stages off this spook growing political contest between between China and Hong Kong itself. These Already in a family, the procession and that that is really with us China trade tensions or the problems we've we've been talking about just now, that's more to do with Corona virus before about the political people. We saw lately in Hong Kong. I think they probably were looking more 5 10 years out. It could be the case that you start to see a kind of maybe death of 1000 cups and those who have so little losses here and there now see that that is very well aware of that on there going to be looking through everything they can to make sure that that happens. Things are they increasingly difficult environments in which to do business, particularly in a country like China. Where are you? Nate is very important that You are being It seemed to be supportive off Chinese