29 Burst results for "Edward Jones"
In Seismic Shakeup, Dow Replaces Exxon Mobil with Salesforce
"We'll talk about an exclusive club the only members allowed into the Dow, Jones Industrial? Average. Are The thirty most stalwart icons of the American economy names like Home Depot Microsoft McDonald's Johnson and Johnson Caterpillar Goldman Sachs and until next Monday. Exxon Mobil. That's right. The Dow is throwing Exxon out not long ago such a move would have been unthinkable. The multibillion dollar oil company is the longest standing member of the Dow. It was first listed in October of nineteen. Twenty eight. The. Dow's leaders announced their choice to boot Exxon late, Monday the move is so remarkable that Bloomberg called it a stunning fall from grace for the giant oil company. Is Twenty Thirteen Exxon Mobil was the world's largest publicly traded company according to CNBC. But now in the flash of time that has been the Kobe pandemic traditional oil companies have fallen out of favor as oil revenues and profits. Sink investors are spurning energy businesses. As we've reported here. Recently, Exxon has been foundering as the green economy becomes more and more important to global consumers. Bloomberg reports that exodus is now valued at only one, hundred, eighty, billion dollars A. Drop of forty percent just since New Year's and even more sense it's half a trillion dollar valuation in two thousand seven. You could say Exxon's worth is plunged as deep as one of its offshore drills like whack-a-mole when a company is pushed off the Dow, another one jumps up to replace it. In this case the Dow kicked out three businesses, Exxon? Mobil pharmaceutical company Pfizer and Raytheon. Technologies like Exxon Raytheon is also a dow old timer it was first. Listed in nineteen, thirty, nine, swapping into those slots are salesforce dot COM tech company specializing in customer relationship management. The Dow also added Biotech Company Amgen and industrial conglomerate Honeywell International. This is the Dow's biggest shakeup in seven years, not surprisingly the share prices of the three companies joining the Dow was Tuesday for the three kicked off the island. Well, you guessed it share prices fell. There's a much bigger strategy here than simply reflecting Exxon's ill fortunes the Dow. Index of American blue chip stocks was invented by Charles Dow and ninety four, two years later down his partner Edward Jones surely you know that name publish their first list of a dozen blue chip stocks ever since the Dow has served as a benchmark the standard intended to measure the strength or weakness of the US. Stock Market for that reason, it's leaders sometimes shuffled membership in the Dow to reflect the changing makeup in value of the entire stock market. And for that matter, the entire American economy
Fresh update on "edward jones" discussed on Radio Night Live with Kevin McCullough
"363 11 10. Let me go to Jeremy. Jonas from Texas State, Jeremy Good. Thanks along and remember and Well, I can tell you every day late. No, mom and I don't know how long and So if you get you know if you are Looking for life insurance. I would only look a term life insurance. I think that if you can get Ah, good price on a 30 year level term. That would be great, Theoretically. Jeremy and 20 years. Hopefully your wife will be out of risk. And what I mean by that is if if there is If you're ensuring which I guess you are, obviously, ah, financial risk of something happening to you and Being able your wife to be ableto maintain their lifestyle. Take care of the kids. And in 20 years, theoretically, that should be over. Probably the kids will be on their own. Thie your You'll have some retirement funds. Maybe even your mortgage eye's going to be paid off and you're being a little bit of a different situation. Certainly in 30 years that will be the case so you can get a 30 year level term. Where little term means that the pain is going to be the same. And it's never going to change. I would not get anything but, ERM it's going to be a lot cheaper than getting any kind of whole life policy. I would rather see you take the difference between the two and put that in your your IRA or your 401 K or wherever I would just go to What's that? What's that called? No. Can't think of it. The There are selected quote selected quote dot com. And just shop right there. They're They're all very good Cos a rated or better They give you the top three companies that have the best price for your circumstances, and then you can kind of put it on everything and go from there. That's one thing you do If you have an insurance agent even use that used that person is well, but that's what I would look at depending on what you need. So if you're thinking of something happens for me ofmy today, Then you know, we gotta put my kids through college. My wife's going to put my kids to college or, you know whatever, Pay the mortgage off and those kinds of things. So that's kind of what you ought to be looking at. I would just do the math on that. That You know what that might look like to give you an idea of what? What you need to protect. Question. Good, Alright, facts Jeremy called. 63 63 11 Sen If you want to see your call, Good time to do it. 6 10 363 11 center lines are open. Bobby is saying our oil stocks such a show. I answered that. Yes, that was yesterday. I'm in the wrong place here. Okay, Phyllis, saying Dan on 56 years old. I have a 401 K from a previous employment with Edward Jones. It's 80% stock. 20% and binds. It's doing well now. I think I want to move everything into bonds after the election. Should I do that? Um I would not. Not at your age, you're going to work another 10 years in all likelihood. I would not do it and let me make something really, really cleared. Everybody listening. Don't think that you're safe by putting in I don't like bonds. I've been recommending even bond funds, with the exception ofthe government bond funds that I've recommended as an alternative. The park some cash in These air Treasury bills. They're our bond funds out there. There are junk bonds. There are corporate bonds. If we ever get into a deep, deep problem, those funds are going to be in a deep, deep problem. Municipal bonds have fallen out of favor. By most right now because of the risk their way when you have so many municipality, states and state and county governments on the verge of bankruptcy. That is far too risky. Most of these municipal bond funds are not backed by any kind of hard asset used to be a day you got a municipal bond. Because the municipality of the county of the state was building a school. And you are funding the school. Maybe you were funding a hospital, maybe a sewage treatment plant. Maybe some, you know. Ah Water plant. These were hard assets. That you were able Two. Put your money on Now, Chances are your municipal bond is so that they can continue to pay the interest to the people that both the municipal bonds years ago. And even those years ago. We're paying the interest on the ones that people bought on the score. The hospital was built. Now they are using municipal municipal bonds to pay debt on old municipal bonds. And I don't like that either up for obvious reasons, so I wouldn't I wouldn't be going in the bonds. I feel safer in equities than I do on bonds right now, if they're good, solid, cos I don't know what stocks have, obviously, but if you have some really good, solid companies The end. You've got 10 years. Even if we have a slide down in after the election, it'll be an opportunity for you. Hopefully buy more. Of those that you already own and dollar cost average. Into those stocks that are going to come back. I'm saying that not knowing the stocks, of course I'm just going to assume for a moment that you're in good, good stuff, so I wouldn't change anything. I just leave it alone. Don't don't do anything based on fear when used when you still have a good 10 years that you can take advantage of growth..
Passengers with COVID-19 flew on flights to LAX, public not warned: report
"Did LA county public health officials Bungle early corona virus cases one published reports suggest they did the Los Angeles Times says back in March two passengers on separate flights into LAX soon thereafter tested positive for the coronavirus and yet for some reason the CDC says county health officials failed to alert them so that needed contact tracing could begin the paper says more than two hundred people on those flights did not know they were possibly exposed back then tracing contacts and was really the key intervention to try and prevent the spread of Dr Edward Jones Lopez is an infectious disease doctor at Keck medicine of USC have we speak right now in all the systems are in place to for this not to happen again KNX in depth I tried to get comment from the LA county department of health to the report but the department never
Fresh update on "edward jones" discussed on Financial Issues with Dan Celia
"That's one thing you do. If you have an insurance agent you can use that used that person as well. But that's what I would look at depending on what you need. So if you're thinking of something happens from me ofmy today, Then you know, we gotta put my kids through college. My wife's going to put my kids through college or, you know whatever, Pay the mortgage off those kinds of things. So that's kind of what you ought to be looking at. I would just do the math on that. That You know what that might look like to give you an idea of what? What you need to protect. Question. Good. Alright. Thanks. Jeremy called. 63 63 11 Sen If you want to see your call, Good time to do it. 6 10 363 11 center lines are open. Bobby is saying our oil stocks such a show. I answered that. Yes, that was yesterday. I'm in the wrong place. Okay, Phyllis saying Dan on 56 years old. I have a 401 K. From a previous employment with Edward Jones. It's 80% stock. 20% and binds. It's doing well now. I think I want to move everything into bonds after the election. Should I do that? I would not. Not at your age, you're going to work another 10 years in all likelihood. I would not do it and let me make something really, really cleared. Everybody listening. Don't think that you're safe by putting it in. I don't like bonds. I've been recommending even bond funds, with the exception of government bond funds that I recommended as an alternative. The park some cash in These air Treasury bills. They're our bond funds out there. There are junk bonds. There are corporate bonds. If we ever get into a deep, deep problem, those funds are going to be in a deep, deep problem. Municipal bonds have fallen at a favor by most right now because of the risk there when you have so many municipality, states and state and county governments on the verge of bankruptcy. That is far too risky. Most of these municipal bond funds are not backed by any kind of hard asset used to be a day you got a municipal bond. Because the municipality of the county of the state was building a school. And you are funding the school. Maybe you are funding a hospital, maybe a sewage treatment plant. Maybe some, You know, there's a water plant. These were hard assets. That you were able to Put your money on Now, Chances are your municipal bond is so that they can continue to pay the interest to the people that both the municipal bonds years ago. And even those years ago. We're paying the interest on the ones that people bought on the score. The hospital was built. Now they are using municipal municipal bonds to pay debt on old municipal bonds. And I don't like that either up for obvious reasons. So I wouldn't I wouldn't be going in the bonds. I'd feel safer in equities than I do in bonds right now, if they're good, solid, cos I don't know what stocks you have, obviously, But if you have some really good, solid companies. The end. You've got 10 years. Even if we have a slide down in after the election, it'll be an opportunity for you. Hopefully, toe by Maur. Of those that you already own and dollar cost average. Into those stocks that are going to come back. I I'm saying that not knowing the stocks. Of course I'm just going to assume for a moment, the urine, good, good stuff so I wouldn't change anything. I just leave it alone. Don't don't do anything based on fear when you when you still have a good 10 years that you can take advantage of growth. Peter is saying, Can you tell me Two restaurants if I referenced my home No refinance. My home and took some money for home improvements. Oh, I think he called. Would I get the same interest rates? Yes, you would. You should be able to That you know there's good interest rates right now out there, and certainly you should be in a position to get there's interest rates 6 10 363 11 10. If you want to hear your call. Good, good time to do it. Ryan is saying, I'm 40 years old. You told a call, or a week ago two by 18 92. If it got back down. 2 100. Our area share It is about there. Do we buy it? No. If you don't only you don't buy it. Unless it's on the vilest. If there's somebody that already owned it. I was looking Teo, get in. And buy some more of it on a dead but it's not on the vilest. I wouldn't. I wouldn't be buying it. Gwen is saying Dan, a widow, 64 years old. I have sold three houses in Florida. And move back to Pennsylvania to be near my Children. Without Getting into more. Reynolds. What would you recommend? I would invest for income. Gwen, You're never, ever going to duplicate the income that you Got from those houses. You're not going to duplicate that in the markets, but that's okay. Maybe you don't need to duplicate that. I would recommend that you look at Primarily utility companies, because it's only through utilities. Can you get any kind of decent dividends right now, and even they stand some risk? Of of cutting dividends. But that's where you're going to get primarily your income. I would look at preferreds. We just had a preferred that was called yesterday. And ER this week, so they're going to start to get called, But you can look at some preferreds as well. I've got a couple financials, industrials and even material stocks that are growth and income. Just for the diversification, but they're not paying the dividends that the utility stocks Our pain, So that's about your only option going. Unfortunately, There's not much else. You can do.
"edward jones" Discussed on WTOP
"Michael and son dot com traffic and weather on the aids and when it breaks the only issue on the beltway right now is through camp spring for the ramp to the Allentown road road skews the joint base Andrews under the overpass there two left lanes of four taken away for the crash cleanup I two seventy no problems to inform from Frederick I ninety five B. W. parkway both rolling nicely fifty as well Edward Jones set up all along the eastbound side route two hundred the fact that he's bound side of two hundred is shut down to Silver Spring between route twenty nine and I. ninety five similar to reject him sixty six for the most part is quite just were a small stretch out through Fairfax on the westbound side works on set up before route fifty left side blocked at least three lines of the writer didn't bite speed through the district and we're just set up in northwest victim New York Avenue both ways between third street telling First Street we have a crash over northeast on Minnesota Avenue near Benning road might have a least pretty traffic around WTOP reporters are driven by fitzgerald auto mall come see the all new Hyundai palisade at is Gerald Hyundai dealers Burke and Rockville transparency and trust that's the way Rick McClure WTOP traffic Hey folks as we head through the overnight hours I'm into the painting some rain showers moving in from the west as this front passes rain will be scattered and we are in for some cloudy conditions tonight the good news is we're drying.
How will we know when the coronavirus crisis is over?
"Time Kinda doesn't have an economic meeting. At the moment I mean yes. Days go by the virus spreads but this economy or really big chunks of it anyway is shutting down and if the economy is shutting down does time have any economic meaning. Which even as I say that out loud I understand a little bit bleak. So let's not go there. Shall we let us deal instead with what is right in front of us which is and I think? This is the technical term economically. Unbelievable Neil. Richardson is at Edward Jones. Davidson is at the Wall Street Journal. Everybody so Neil. Let me start with you on a cell phone. Obviously for appropriate. Social distancing reasons I heard you think it was. Cnbc this morning right. Okay Yeah and and you said at one point We have not yet figured out. What the worst of this is discuss. Well if you look at the most recent batch of economic data. It's all been pretty good. I mean we've gotten really bad. Data Out of China but domestically speaking so. Us labor market looks strong in February and those initial conditions were strong in the end place. But over the last two weeks we've seen a complete deterioration and normal course of life the fact that we're all singing and these home offices not going to bars and restaurants not going to movie theaters not going to sporting events not travelling not going on cruises has a huge economic impact that we haven't seen play out in the data and we haven't seen play out in terms of Corporations earnings estimates for this year. And as that data roll. Then we'll have a better understanding of those with the real pull not just the human toll which is great but the economic toll of the candidate we got a number from Goldman Sachs either yesterday afternoon or today their latest estimate for GDP I would say growth but GDP collapse is really the number. First quarter was like negative six percent growth or something and then second quarter. Which is the quarter that starts on April? The first they're predicting Goldman Sachs's the the guys who studied this stuff there. Twenty four percent to the downside on Gross Domestic Product growth. What do you do with that number? How do you wrap your brain around? Yeah it's like talking about the federal debt right. Twenty three trillion. What does that even mean we can't? It's really hard to I think understand and translate What that will look like. I guess it looks like literally everyone staying inside their houses like Neil said no one going shopping. No one going out to dinner. Nobody going on vacation It it's just the everything grinding to a halt at once it. You know we think back to two thousand eight two thousand nine. In a couple of weeks ago people were making comparisons to that and some people are saying. You know that's really. We're not there yet. And it's just quite amazing. How in two weeks? Everyone's thinking not only. Are We there? But it is a very good chance worse than that and then obviously a lot of that downturn was spread out over many months and this is just happening instantaneously and so. I think that's where you come. You think of it that way you can you kind of see where that Dramatic drop off. You know how how that could happen. Wrote exactly so. Neil a talk to me then about that. Duration part of an end specifically as it relates to the trillion dollar bailout. That is being bandied about on Capitol Hill. This is of course Senate Republican leader. Mitch McConnell's bill a trillion dollars. Plus maybe a little bit Last number I heard was that it was twelve hundred dollars. Individuals in twenty four hundred dollars for a couple which in Los Angeles will not cover rent let alone Helped things stabilize to staff It's going to be a time will tell. And you say that time is uncertain. Time has no meaning but also whether this is actually an actual privy sodomy. I mean this was tried during the two thousand eight financial crisis giving some kind of funds to households. What happened is that a lot of people just ended up saving that money The more targeted funds more impactful there but if people can't go anywhere and can't spend it on anything. It's going to be hard to see how that money goes back into the real Konami and unless it's targeted for people to help pay basic living expenses like the rent Even in Los Angeles maybe half the rent. Let me ask you this And I know the answer before I asked this question but why is Congress and the White House dithering on getting this done? I mean we can see the damage happening in real time. I think they're just trying to catch up. I honestly think I was just saying a couple of weeks ago people really even though you could see it in China then you could see it in Italy I think again. It was just so hard to grasp how real Hell real that was and so we heard plenty of people saying Two weeks ago you need to pass something to send checks to people right now but There there was this this view and they're still have you to some extent that right targeted relief is important sending stuff to people who need it most but now. I think that there are. The conversation is shifting a little bit. Where right Congress's is kind of dithering a little bit? Yeah I mean. They're moving quickly for Congress but they're doing a little bit over you know making sure we don't give this to billionaires and millionaires and people who don't need it. There's a growing chorus of people sang. Just send it and we'll figure that out later We'll cloud back through through taxes You know when people file next year. Let's let's not wait. Let's just do this
Coronavirus Sell-Off Threatens to End U.S. Stock Market's Decade-Long Bull Run
"You think corona virus could turn into a black swan that turns things If not completely south then maybe sideways and you said all other things being equal probably not. Would you like to revisit that no but I actually? I I do not at the time thing. It's a black swan event. I think it's more of a black hole event. And we don't know the time or the breath of that whole but there's still so much uncertainty. I still stand by the fact that we have pretty healthy economic fundamentals. So far we've seen other situations over this eleven now in the eleventh year expansion where there's been a a quarterly decline which I think we can expect a slowing growth because of the virus in the USA Common Connie in the first quarter. That doesn't mean a Duro meant of the market or the economic expansion. It just means that the economy has hit a soft spot so bottom line. It's two two two shoe soon. Okay all right fine fair enough David. You took the other side of that. Bet. I'm proud. Pessimists proud pessimist and look I I look let's be clear. I sided with Neela last time so I was wrong to Are Are you surprised? David Gura by the speed with which things have gone south. It's been a week and all of a sudden we're we're like Oh my goodness you know. I am. I was GonNa make a joke that you've worn out the sad trombone album but the fact of the matter is you were playing. We're in the money like a week ago. Ten days ago we were at record so I think how quickly and how precipitously the market's fallen is. What's given a lot of people pause here trying to figure out what's happened but You know as as Neil as saying I think there's so much uncertainty about things beyond the economics of this and that's what I think is driving investors crazy Fundamentally this comes down to science and medicine We don't have good tests for this. We have a vaccine for this yet. Of course and you couple that with the communication strategy can call it that from from the administration It has been dissonant to say the least and I think investors are trying to get a handle on how big this is going to be how bad this is going to be. And there just isn't a whole lot of clarity on that yet neil. I was writing yesterday's show and I was trying to turn a phrase and I wanted to say something like you know the the economic fundamentals of of what we're dealing with here. The fundamentals are still strong and they are right now as you said a minute ago at some point though the actual economy not just the market will be affected. Yes maybe too soon. To tell look there is some global impact that we will for sure. Cnn It's going to be a bigger impact in China who is dealing with a massive travel restrictions quarantines of millions of people shut down businesses. But there is some good news coming out of China and that is that China starting to open for business. And the and the reports of new cases of slowing. What's really changed for markets? This week is that the impact has reached beyond China's borders. And that's the scary thing. We don't know how quickly this fire will spread or whether there will be a community wide event and the developed market like the United States which shuts down a city or region for an extended period of time. That's what the markets are reacting to. And yes that would have an economic effect but there's a range of scenarios between the worst case in the best case in any possibility can happen at this point up totally. Fair David. A A note here about Two Thousand Eight two thousand nine. I'm getting questions you probably are about. Whether this is two thousand eight all over again and it has to be pointed out that the markets are functioning right there are buyers and sellers credit exists liquidities their functioning and there were huge problems with the economy back in two thousand eight two thousand nine ten point. We don't have those same problems today. So that's something that's decidedly different here and you look at the the market today A lot of losses were raised. I mean the market was way down. had many points of the day to day came back up here at the end so yes to some extent there are buying opportunities here but you look at places like the bond. Market the tenure. Us Bond is incredibly low at this point now indicating the fact that People are flocking to safety. They WanNa find something amidst all of this at the same time. They're also having some faith here that the Fed is going to do something and today. You got this statement from the Fed Chairman Saying essentially the the economy's is is doing fine. We're GONNA continue to monitor this involving threat. I think he said So you saw him trying to do what he could In three sentences or four sentences to to give investors a bit of confidence. I wonder if he thought about playing my game. What is j? Paul says that that'd be good. That'd be a little bit Okay so look Neela actually just gonNA mention Jay Powell He came out made this. It has to be said at six. It's an extraordinary statement for the Fed to come out of nowhere and have the Fed chairman. Say listen everything is fine The market however while rallying into the close I don't care what the Fed share had to say because in all honesty the Federal Reserve cannot create a vaccine. No it can't when all you have is a hammer. Every problem is a nail. And we've learned that an interest rate cut can't solve trade tensions and it can't immunize the population on the markets from the corona virus. But what the Fed can do is show that there's someone paying attention that can stimulate Credit MARKETS LIQUIDITY KEEP liquidity flowing and. Keep US put a bottom in terms of the stock price stock market decline. And that's exactly what POW intended to do with the statement bill. Richardson at Edward Jones. I Apologize For messing up on the INTRO. There Neela won't happen again. David Girl you can catch him On the TV MSNBC. On Saturday and Sunday afternoons David. Yes right. Y'All let's get there. We go all right. Thanks you to heal later. It would take a veritable orchestra of Wa wa. Trombones to do justice to this week on Wall Street. We will try when we do. The numbers
Edward Snowden And Mass Surveillance At the start of this decade
"A federal judge ruled that proceeds from Edward Jones Memoir permanent record to be paid to the US this government because he violated the terms of his employment contract with the US government in publishing the book. You clearly don't follow me on twitter. You're GONNA love this. I wrote real quickly on twitter. There's so many it's with someone. Summarize twitter perfectly as does not pay. I know I wrote espionage a bitch and I know you don't like it when I used that word and so many people weighed in against against me and it's inspired me and as you to learn more about Edward Stone because a lot of people who unless they're bought as far as I know the Russian show is trying to gain my trust but who seem thoughtful weighed in and said you got this wrong. Edward Snowden is a patriot. It's there's much great podcasts. You could read the book. I'm sending you the the book I am sending you the book I'm going to learn more about Edward Snowden. That's your Christmas present. The free book I got from it again here. We go again and going to give it to me an intermission at cats right anyway. So what I'm GONNA we're going out here. We can't Handy Randy. Who Might Not Randy? Were coming to your show. All right. So Edward Snowden you think he should not be paid for the for the money to go to government because he violated the terms of his employment contract. That's what thank you will be going to be more measured here. I need to learn more about Edward Snowden because a lot of people that I respect said turn got it. Got It wrong on this one. So I'm going to try and learn. Learn more about how a guy decides to state secrets. Shove a thumb drive up his ass and moved to China and Russia's a hero so I'm going to try to understand how that makes my hero but anyways anyways and I'm sure the Russians anything cube there was no shoving with the thumb drive. I'm sorry there was a Rubik's cube that he took in and out so there you have it
"edward jones" Discussed on The Dave Ramsey Show
"What I would do is immediately start your Edward Jones for a one K as soon as you can, and mouse max out. All you can put into it right now. Okay. Because your incomes are gonna shoot way up your base of thirty eight's that starvation money in, in their minds and you're either going to go up from there or they're going to fire. You. Because you're, you're gonna have to produce in that organization they don't screw around. So you're gonna you're gonna move on to something else. If you're not making more than thirty eight and so just load that puppy full make sure you have a big emergency fund, and don't go borrow money for your car pay cash for your car. Whatever you're going to export moving out like you're doing. And you've done a great job setting yourself up, congratulations. What a great started twenty two. Very, very proud of you. Excellent job. I'm sure your mom and dad are proud. All right. Laurel is with us in south bend, Indiana. Hi, laura. How are you? I'm good. Thanks. How about yourself? Better than I deserve. What's up? I'm a single mom and my daughter is fifteen. She started working when she was fourteen at daycare owned by a friend of ours. Yeah. No, she went with me to my second FPU class kicking and screaming, but she went, and she did pick up some things, so it helped little because I dictated a certain amount to tithing savings all that. And gave you know, twenty five percent of her check was hers to keep, but responsibility was purchasing her own clothing. So my question now is, she is in tutoring because she's been struggling with school works? I had to put her in tutoring. And I'm just getting back on the bandwagon with the baby steps. And so I was looking at my budget, and the tutoring is just so much more than what I can handle. So I reached out to her dad, who had initially said that he'd be able to help starting in may. Well this being the end of may I reached out to him and he said, no, he's not going to help right now and was actually complaining to her about even asking, so she's decided that she wants to get another job this summer and help. Well, my I just wondering at what point you know, is this, my parental pride thing. No. This is my responsibility. When I've already given her responsibilities for her money, and what point do I let her start taking a little more financial responsibility for herself? And her niece? What a subject is. She being tutored in algebra. What does it cost? Right now. It's costing about three hundred sixty dollars a month. And I'm trying to see 'cause they're saying that they need to. She needs to be there. Two days a week. I'm trying to see if we can get it down to one day a week. What is her study habits? Look like after she's not with the tutor. She really tries hard. She's, she's studying all the time. It's just a matter of it's just not clean. She's putting hours on this then she is putting an hour. It's just not clicking and the Tudor has helped with it clicking. So there's we're seeing results. Okay. Good. But what do you make? Depending my income is very regular. And so I make anywhere between thirty five to forty five thousand a year was your irregular. I'm a therapist, but it just worked PRN. So I have six civilities that I go to right now. So when they need me work is really high. And when they don't need me, turn low. There's nothing you can do to backfill any that are pick up more hours. I've I just added two more facilities. So I'm working on finding other peer and positions. I'm also caregiver for my grandmother, so the flexibility than offers is something that I need in raising my daughter and helping my grandmother, but I'm also working on an essay store, so anything I can do in my in the cracks time that I'm not working. I'm trying to find ways that I can increase my income. Went through financial peace, and then you've now you've gotten back on the wagon. So what happened that you quit doing the stuff?.
A Tale Of Two Dollar Stores
"You would go into a store, and there would be a bunch of stuff in there that would only cost a dollar and during the great recession this meant a lot to people customers poured into dollar stores in two thousand nine Dollar General already had nearly six thousand stores today. It has about fifteen thousand stores Family Dollar was a bit smaller had roughly six thousand stores in two thousand nine now it has almost nine thousand and both stores were basically going after the same customers that WalMart targets. But these stores could go where WalMart's couldn't like in cities, for instance, New York, there is a Dollar General and Family Dollar both pretty close to where I live in Brooklyn. They also went really hard into small rural areas where the population was not big enough to support a whole WalMart superstore lake that three hours outside of Saint Louis drive down. There we go through this little town, and it's got like twelve hundred people to Family Dollar Dollar General and a little low. Grocery store. I mean, the nearest WalMart's like thirty five to forty minutes away. This is Brian Yarbrough. He's a consumer analyst at Edward Jones. When the economy slows down, they actually perform a little better because you'll see people trade down. So people will go into some of the higher price grocery stores and places, and they'll trade down into the dollar store environment. So in the teeth of the recession Family Dollar Dollar General. We're just having their moment the bad times for the economy or the good times for dollar stores. But when the recession ended, and the recovery started these stores made very different bets on how to survive during the recovery, and you can see the difference in these shopping bags that I brought back from both stores. So I up Dollar General Dollar General decided we are gonna go hard after the mini WalMart thing. They basically became a grocery store, and this makes sense, right? Because in good times and bad people always need the basics, groceries pet food detergent and dollar generals. Like, we are going to be the place where people can get cheap basics. So you can see. In here basics. Yeah. Got a got a carton of milk. Sure. Dollar General basically went hard after the grocery segment of the market. So buying Yarbrough says mall. It's convenient way home though. I need some milk or anything bread. You can be in and out in you know, two or three minutes versus, you know, go to a WalMart supercenter, and it could be a fifteen or twenty minute ordeal. That's journey. Exactly. So I went to the Dollar General store near me, and I could see all this right away. It was really nice. It was super clean and well organized, right? When I walked in. There was this big fancy. Starbucks display. They're selling some new kind of canned Espresso got you. Again. You know me. So well, that's exciting. And I got you a red bull. Just in case in case. And they had all the name brands like everything you might have on your grocery list. Chips. Ahoy the peeps. Of course. It'd be easy heaps. It's like a whole variety of things. Some of this stuff is like a treat at love it. All right. Exactly. So I spent about thirty dollars on all this stuff. You know? So the prices are good, but not super super-low, but it was very easy to navigate. It was really pleasant shopping experience that shiny yellow cards everything was organized, and then I wanna few blocks away to Family Dollar, so Family Dollar two very different tack. They went really hard on the dollar part. So after all there's a promise in the name of a dollar store. Right. And they kept this promise. But in order to keep things price low. You can't really have regular groceries. Right. You can't live like eight kinds of chips ahoy, and you know, Starbucks displays and things like that diversity, right? Like if you're enforcing the price. You're not going to be able to get everything you want for that same price and in order to keep. Prices that that low you end up having to kind of get a bunch of weird stuff. Right. Like, a hodgepodge lot of food and weird small packages very excited about this. There's this Honey nut Cheerios. That's like I like cutting Cheerios, but it's like yours. To servings or something it's like a packet bills. Have a lot of off brand stuff. Like, there's this energy drink red bull. I've got here a drink called rip it energy with a picture of a soldier holding a flag a gun in the colors of the American flag. This is like super patriotic energy, Drake. And you know, it takes the edge off of a heart afternoon card marshmallow offering marshmallows. Yeah. You also end up with this kind of grab bag of stuff that's made in India and China kind of whatever fell off the truck that week a little bit more candy holiday decorations seasonal type items galaxy allow that comes from China a lot of its discretionary nature driving people with these great deals. I mean Family Dollar brings in whatever. It can Mark down. The selection is more random. So like here is an Easter banner for you. I got to a paper crown check it out. This is my favorite purchase a skittles flavored candle handle, I know eight for my gift from me to you for your house when a glow sword. Okay, close. Yeah. I know. Yeah. We're gonna have to wear those around the office knows glasses a package of six gradu- marks knows last night with the mustache and everything six of them for a dollar. So in order to keep their prices, low Family Dollar did not invest in fancy stores the way the Dollar General did they kept overhead low, and you know, the stores as a result are a little hard to navigate I spent like three times longer in the Family Dollar store into the lots of poking around. And and honestly the experience of being in the store was a little bit unpleasant. Like, right when you walk in. This automated voice told you you were being monitored. I mean, all the stuff was just a dollar. So the deals were actually really amazing. I kinda couldn't believe all the stuff I could get for dollar so Cardiff who dollar stores to business models one chain bet on the dollar one chain bet against the dollar, which one do you think is still thriving? I'm gonna guess Dollar General. You are right. Okay. Dollar General has been killing it brought in customers with higher. Income during the downturn. And some of those customers are still customers today. They didn't leave them Dollar General has grown every single quarter. For nearly a decade. Brian Yarbrough said going upscale ish kind of paid off people like shopping there, and they like the deals so even when times got better and people could maybe afford to shop in a more expensive store. They didn't they kept shopping Dollar General because they liked it. And also because Dollar General is a big chain. They're able to get lower prices for a lot of the name brand stuff. They carry an offer better deals than like local grocery stores in rural areas or corner stores in cities Family Dollar on the other hand did not fare. So well as the economy improved people are willing to spend a little bit more on things like holiday decorations, and candy, and cutlery, and pens and skittles candles, and they wanted a more pleasant shopping experience and Family Dollar kind of went sideways again, I think when dollars was investing opening new stores updating and remodeling stores and family. Which is kind of plotting the loan. You know, I think Dollar General took a lot of market share and took a lot of customers. Now, I think, you know, Family Dollar struggling to gain those back Stanley dollar was bought out years back, and it just announced that it is going to close nearly four hundred locations totally rethink its business model, it'll probably also start to leave the dollar part behind things are probably gonna get more expensive there, which makes me a little bit sad because you know, where else are you gonna find like six Groucho Marx glasses for a dollar on the other hand if the economy goes into recession again, then maybe their fortunes will switch yet. They could be singing a happy. Tune with one dog. Purple plastic recorder that
January Job Growth Tops 300,000 Despite Shutdown
"Economy added over three hundred thousand jobs last month with hiring solid across many sectors, the jobless rate ticked up a bit to four percent and wage growth while strong three point two percent year over year was just one tenth percent last month. Kate Warne investment strategist at Edward Jones says the Federal Reserve won't change course based on the January job growth. No, I wouldn't expect this changes. The Federal Reserve course, partly because the wage growth was right in line with last month's on a year-over-year basis three point two percent. But it was up just a tenth of a percent and Warren says companies have not yet been impacted by wage growth that would result in higher prices companies have been competing for workers more benefits and untrained programs rather than on wage. Ages. But right now, the Lovell awaits growth for seeing is really not enough to make anyone including the fed think that this is likely to push inflation dramatically higher short-term,
"edward jones" Discussed on WAFS Biz 1190
"But look if you're if you want to be Biblically responsible just to finish up, my thoughts here before that break, if you want to be Biblically responsible. And I know you do I hope you do. You're going to have to pretty much scratch Edward Jones. I hate to say that to you because there's some good advisors at Edward Jones. And if those good advisors want to be able to do some kingdom work by offering biblical responsible funds. I hate to tell it to hate to say to these visors you're gonna have to move on man. Gonna have to move your book somewhere else to Edward Jones is kicking on these codes very very hard right now. So they switched to guide stone. So if you're an adviser with them, and you think that they've made some great deal with guides zone. Let me just point out to you. You're free to Email, Pat at financial issues dot org. She will send you a file with all the reports on guide stone. They are not Biblically responsible. I've been fighting this battle for years with the southern Baptist convention. You've heard me talk about it on numerous occasions. So what what Edward Jones is saying is. They are. Now, they're drinking the same Kool aid from guide stone. Apparently that this other Baptist convention is drinking. But I don't want you to stay with Edward Jones to think that they're going to and I'm not talking about your adviser now, but remember your adviser. He's he's in a box or she's in a box. She has a little because they don't want to offer Timothy. And so we've got the secular brokerages TD Ameritrade, Charles Schwab, fidelity, vanguard brokerage, all these prices. You can go and get Timothy funds. And of course, you go directly to Timothy. But Edward Jones. They don't wanna do it. Now. So they go to guide stone. And the only reason they're going to guide stone. I guess because guys don't really isn't multiple. So I throw that out there because it's very important for you. We're getting tired of this. We gotta fight against this. You got you can't it's not good enough for you to wanna be Biblically responsible. We've gotta start putting our faith into action if we are going to honor God with what we have that. We've got to have a cooperating brokerage firm, and we got to show the brokerage firms that God gave you stewardship responsibility for this money guy didn't give Edward Jones the stewardship responsibility for it. They gave it to you. And it's your job to find somebody that you can work with and Edward Jones. Ain't it. All right. Important to note that eight four four seven or seven fifty five thirty three let me go to Tim. Tim's calling us from. Oklahoma. Hey, Tim, good morning. Gordon, tim? My wife has recently changed jobs a day. Perfect. She's wondering about rolling her 4._0._1._K retirement over into the new job job will match four percent of two percent. For that. So. They offer a Roth IRA retirement. Also, she's doing a matching part on the floor. One pay four to get the matching. We're wondering what to do on the raw? And it is through fidelity wasn't sure about using fidelity. So they're not there. They're not matching into the Roth. So it's not a Roth four one K. No, not matching. They're not matching to that. I don't believe. So it doesn't look like it. Okay. Well, you've got to do the match. You've got is the match is the 4._0._1._K fidelity as well. Yeah. Yes. Okay. So I would like to see you, you know, grow some money and build some money up into a Roth. But I don't want you to miss out on the match. So I would say that six percent of the contribution is going to have to go into the traditional 4._0._1._K. And I believe that since his with fidelity that you will have the option you might have to call fidelity to use Timothy funds in that. And I would I would check that. Or maybe it's a fidelity self-directed where you can do individual stocks as well. But check that out and then anything over and above six percent if you can do more than what the matches. Is it six or four? I forgot what you said now, but I never matching percent a two day match for. So do the four percent in the traditional for a one K. And then anything that she can do over and above that do it over in the Roth. I rolling rather retirement in would it be better to roll it into this one or this Bill from the different IRA in Roth L up out of there? Yes. So I would say at this point. I'd probably roll with somewhere else into your into another traditional IRA. Now, if you find out that the current 4._0._1._K in the new job, they will it is self directed. And you can get Biblically responsible with it. Then. You know, that I would I would roll it over into that. I think that's a better thing to do. Okay. So just ask. So just ask them that. And then rolled over there. If not just roll it over into an IRA, I would still use fidelity for that. Just so you can have everything in one place and it over to just a traditional IRA that you can establish the investments in excellent. Thank you, sir. All right, Tim. I appreciate it. Eight four four seven seven fifty five thirty three let me go to Karen, Karen's, calling us from Oklahoma. Hey, karen. Hi, good morning. Good morning. Good morning. I am. I am curious to know, what your opinion is on. Why do we not use either affi- in this country for? Illegal aliens working in this country. Why we don't use it? Well, we do have it. Available to us. We are supposed to use it. Why some employers don't do? It is a very good question. I can't answer that. But I would think that the logical answer would be because they don't want to know. You know, I don't wanna know, you know, if for employers, an employer should use. That resource. But I can't I can't answer as to why they don't they should now. The other question could be why aren't they forced to do it? That's a very good question. And that's what I'd like to know. 'cause you wanna stop illegal immigration start finding corporate America. It'll be over because they're not they're not coming here. They can't go to work. I've been saying this for ten years. So I gotta do. It's one of the it's it's another. It's a typical government quandary that shouldn't be a quandary at all. It's this. It's so simple to fix start. Start enforcing. If you want to spend money on slowing down illegal immigration, if you really want to do that, then spend money on enforcement to employers and have a strong regulatory oversight group that is verifying with the checking these companies and finding them significant fines for hire somebody. That's illegal. You can't do. It's ridiculous not to enforce it. When you give them the tools to verify. So you're giving them the tools, the government's giving them that's also verify and the government ought to be enforcing that. They're verifying or not. And if they don't they ought to be fined with a hefty fine. You only have to do that. For six months, and it's going to stop. I'm not saying stop doing it. Stop stop overseeing that. But what I'm saying? It's going to change things dramatically. In, you know. In the in the workforce. So. I don't know. I I've given up on it. I mean, I talk about it on a regular basis, and I talked everybody. I can't every time. I talked to the government about it. Somebody in the government. You know what they do? They agree with me. Oh, yeah. That'd be pretty easy. Well, well, Hello wanted to do it. So well, we don't want to hurt corporate America, we got. But if they're breaking the law are they better. Because they're breaking the law. Then the people that are breaking the law by coming here. Illegal. I I don't know it's confusing. But nonetheless. I don't I don't have an answer for. I wish I did. I do I have an answer to fix it. But we can't I guess we can't force corporations to to use e verify. Yeah. Well, we wanna fix this system that is supposedly broken, but we're not even enforcing it. Exactly. Listen, listen, Karen, this goes back to two thousand seven and eight when we had the financial crisis. And I blamed it on the government. I said all the regulation in the world is worthless. If you're not overseeing what we had in two thousand and eight was a lack of regulatory oversight. You gotta understand. These regulators didn't even walk up stairs to Bernie Madoff so office there were overseeing his operation. Didn't even go up. Check the trading desk. I mean, if you don't have regulatory oversight, and that's what happened in two thousand eight financial crisis. There was no regulatory oversight. Everybody was looking the other way. And so then what do they do dodd-frank comes along and adds more regulation. They couldn't oversee what the had, but they add more regulation because they think regulation is the answer. Do we need regulations? Of course, we do. But they're worthless. If they're not if there's no oversight. So. Same same deal. It is what I said yesterday that. Well, thank you. Karen? I appreciate it. In fact, you for your call. And it's what I said yesterday that you know, when I was saying look everything goes back to fail government policies and all those back failed. I know policy politicians shudder when I say that, but tell me show me why it doesn't show me. Why doesn't when you show me? Why doesn't I will show you that it didn't because of a failed government policy somewhere along the line? It's amazing to me. So you know, the government's answer is more regulatory burden. That's what the financial services committee in the house of representatives under the leadership that they currently have Maxine.
"edward jones" Discussed on KQED Radio
"Friday. The eighteenth of January is always have your long everybody day twenty eight I think is the number the president. And the speaker are trading pokes in the I eight hundred thousand people are still in some weird kind of limbo and the American economy. Well, that's why we're here near the Richardson's at Edward Jones the bones at axios, they're both in our studios in New York everybody. Hi, good to be here. So Neil, let me climbing with you. I hear and I don't want to get to the shutdown. Yeah. Let's let's save that for the end. I wanna point out that for all the chaos and economic noise that's out there. Right, China, and Brexit, and the shutdown and all of this corporations are doing pretty well earnings. Right. And stock traders seemed to be happy. That's right. We saw a lot of volatility at the end of last year. You might have seen your retirement statement in a little shot. Don't don't look every. Because the good news is we saw a sharp rebound, and and the overall underlying fundamentals both on the economy side, and the corporate side, look pretty stable look pretty good going into this year. But we just think there's a slowdown ahead. And you know, why it's that fiscal stimulus will be missing. There will be no US tax cuts driving twenty percent. Plus your over your earnings growth. It'll be a more modest number. And so we have to get ready for more modest expectations for the stock market. Well, I did not plan on taking a Downer of a turn here quite as quite as quickly it. Yeah. Yeah. Right. Is what Neil saying is. There's nothing to look forward to. Wow. I mean, you know, I don't like to talk like that. Neil. It does. I mean, the corporations should be excited. They saved I think it's more than one hundred billion dollars last year. Thanks to the tax cuts. Most that tax cut revenue went to them. They really didn't hire a lot more people. What they did was buyback shares their stock. So that should have sent in did send stocks moving higher. We also might see a little bit less than that this year. So that could be unhealthy for the stock market. Also as I point out, it's really getting to be a great time for savers. So if you are someone who's risk averse you right now getting really good rates on CD certificates of deposit. Actually, you're getting I put an article a little while ago. More getting paid more on a twelve month CD than you are on a ten year treasury note. Wow, now, Where'd you say you're getting really good or you're getting better than it's been in a long time. I don't wanna get better than it's been in a long time. I'm still good for stocks. Just not the twenty percent. Plus earnings. Okay. So now, let us take that turn shall we to the shutdown and Neil it to the question. I posed in the open twenty eight days a lunar month if you will. When does the economy start to feel the pain that that people have been feeling for a while now? So the expectation is for every ten days that the government stays close to a tenth of a percentage point get shaved off of GDP in the first quarter. So we are going to see some economic hit to this in the first quarter. It'll be short-lived, but the shutdown casts a long shadow right because it builds this uncertainty that weighs on consumer and business sentiment, and that does have some impact past the first quarter. In addition to the personal costs were starting to see mount up the longer the shutdown. It goes on to be clear you're saying that that pain will last even after everybody gets back to work assuming that happens. Sometimes when you look to DC you to a body of decision makers, and we're getting to a point where the cost of staying close is actually going to be even with the cost of what's in dispute, which is the file right seven billion for the border wall. So that uncertainty does have an effect on the economy. It does have an effect. Terms of consumer sentiment. Consumer optimism. We got some numbers out like on that this morning and people were pointing to the shutdown as weighing on their sentiment for the year. Right. Exactly. All right. So so talk to me now about bigger picture. And and you know, I've mentioned this with other folks on a Friday about the the real moments of stress in these con in the economy, there will be another crisis at some point. And the question is if we can't now decide on how to make the government function, and I'm not doing both sides thing here at all. But we simply cannot open the government. What happens when the economic poop hits the fan if you will. Right expensive. That's explosion. That's things. Yeah. This has been a real worry for some time and not just here in the US as we talked about. I think last time was on the show. You're just seeing kind of a rollback of democracy functioning the way it should which is people have different sides or who have different beliefs come together, and they compromise. And they find something in the middle. And you just entering the space where everyone only wants exactly what they want, and they don't want to agree and the shutdown now, the longest in the US history is really an example of that the president demands his wall. The Democrats refused to give him the wall. And they both just kind of say, well, then I'm taking my ball and going home. He and who's really heard is all of us who need the government to function. And eventually as Neil Quin it out. This is going to come back and start biting us. I already seeing actually saw one economists say that if this shutdown does lasted the first quarter, he's expecting us to actually post negative growth for the quarter, get people's attention. Neil. Speaking about measuring the economy as the actual trained economist on this panel here in in thirty seconds. How big a problem is it for you that we're not getting some government data. Right. I mean parts of the government or opening giving us jobs reports. But you know, the Commerce Department's closed, and they do all kinds of of economic reports. So we started this conversation talking about how volatile last year was because people were in certain about the direction of the economy. Well, that uncertain Tia still in the markets that volatility hasn't gone away. And what people rely on what traders rely on an economist rely on to tell give us a sense of direction is data and some missing data will only breed more uncertainty in the market more volatility so data's a crucial part of how we make decisions and said the longer the shutdown goes where basically tying one hand behind our balance, sunshine, quick, Wisconsin. Let's not let's do it fast. Go. The stock market is having its best government shutdown ever. So there is. Oh, yeah. Voted actually. Richardson. She's at Edward Jones. Thank you. Thank you. Nice weekend. On Wall Street today, if you were looking at the end sort of alluded to you if you were looking for your Santa Claus rally before Christmas, you should have waited just a day all three major indices just wrapped up their fourth consecutive up week since the Christmas Eve bottom. We'll have the details when we do the numbers. Curious thing happened on.
"edward jones" Discussed on KMOX News Radio 1120
"Life takes you blues too little scoreboard watching tonight and moving forward Rangers to one of the Blackhawks after one later tonight. How about these matchups? The jets in Nashville to take on the predators. A wild host Anaheim and the kings are at the Dallas Stars. So some games with some serious Western Conference and wildcard implications on the slate for later tonight. But right now we had back to Boston for period too. Chris. Thank you very much. We dropped the, but we want to remind you that no one deserves a one-size-fits-all angels strategy ever Jones are Bose deport goals are getting to know yours Edward Jones make sensitive investing. James sides, vulgar change lawyers benches now on the offense of half of the red line. Is that red line splits? The veggies. We opened up the period five on five hundred day. No Jarrah and Pappa road in the penalty box serving what's left so just over. Two and a half minutes of time on the clock for those Tuesday or serving fighting. Blue's get the puck into the offensive zone. Drops the Tarasenko. It's deflected doesn't get to the net. Now explained by the Boston Bruins lose by the line, Tarasenko, cut sit in backhands it over to smarts. And as he tries to get to the corner. He falls down and has the poke it in behind the next couple of good Russia's Joey no shop to the goal. Sorry. We turn that off on you. The third. I thought you sounded great that was your piece of the year right there. The thing ears Cairo Baronne. Do they go? Save is made in Cairo. Turns around finds it. They told mix. Anna blues get a per on what a pass yet is goal Riley. O'reilly's tripped up the blues are going to get a second power play chance. Joe you gotta take advantage of these on the.
T-Mobile discloses data breach of consumer information
"We. Also understand there's been another major data breach this time it? Was. With t. mobile what happened and who's being impacted yeah so t mobile. Said that a hackers broke into their systems on Monday so not even a week ago And we're able, to steal names feeling codes phone numbers Email addresses account numbers and other information about two million users so. That's about three percent of t. Mobile's overall user base they claim that credit card so sukey numbers and possibly passwords weren't accessed but if you're a t. mobile customer Faustina nets advice reset your password make sure you use a different password on every.
"edward jones" Discussed on WAFS Biz 1190
"The advisors at edward jones are then i may be wrong about this cathy i don't think i am but i might be they should be able to sell you put you in those funds on the institutional share side and not have to you're not you're not paying those those upfront sales charges but in so you need to ask you that because that's that's important but the other thing is if that's not the case and you're you still have to pay those sales charges i would not be concerned about it i mean it's up to you i'm not i'm not i'm not saying well we sure we're going to be concerned about it but look you're in if you're in it for the long term and you're you're paying some of those sales charges up front i think it's fine because i i really believe that we've got it this is a conviction of our hearts and you know we were convicted the worst case scenario is the first year you're in them if they have a very good year let's say there are up you know x amount of dollars percentage they're up ten percent you're only up three percent are enough three percent you're only up seven percent because of some fees paid earlier on then it's not the end of the world and it's worth it to be responsible in the next year you want to worry about that but i think that you know that's up to you but i don't i i thought that most of the ira their reps at edward jones were registered investment advisers working as our as and not not subject to that but you have to ask her that perfect yeah and i agree the commitment part was you know i just feel it's good to be biblically responsible so dan you have helped me a great deal good luck tonight thank you so much thank you hugh thank you so much cathy and let your investment advisor no that i appreciate her attitude and thank her for that because you know so many she's probably a christian or maybe understands what you're doing and i appreciate her not not understanding that conviction yeah that's great to hear thank staffy god bless let me go to thomas thomas is calling us from indiana hi thomas hey dan in respect to the delay all skip the how are you at cetera my question is can a person make a withdrawal from their profit sharing account just as they can their 401k or is the process different thank you all hang up and listen enjoy your in texas thank god bless thank you tom i sure do appreciate that thank you for your courage meant yeah so it really depends thomas on the company if you are no longer working for that company and you have that of course then you can make withdrawals and yes it is treated just like an ira so if you make one hundred hour withdrawal then you would you would be paying income tax on that hundred dollars if you're still working for the company and you're over fifty nine and a half then the the it's gonna fall to the rules that were established many many years ago by the company when they established the profit sharing plan so they it's up to them or administrator of the plan whether they're going to allow you what not not because they wanted to know you of that but in any way way it's just that probably not really thinking of all the details when they set the plan up just setting the plan up the plan has to be set up by these companies and then it has to get approved by the irs or they don't like whoever is helping them set it up they don't like to sway too much of what they know is okay with the irs so it really it really depends on what the company says so you need to.
Los Angeles Rams ordered to pay Reggie Bush $12.5M for injury
"The x explanation of the theme days and the ticket policy for training camp training camp just six weeks away around the national football league some news the oakland raiders will not be sending a draft pick for the jets to the jet for christian hackenberg after all oakland released hackenberg from it's ninety man roster yesterday three weeks after acquiring him from the jets for a conditional seventh rounder new raiders coach jon gruden says the decision was made the cut hackenberg because roster spots were needed to sign veteran defensive lineman frosty rucker and the top attaboy ruben the los angeles rams have been ordered to pay former nfl running back reggie bush twelve point four million dollars in damages for a knee injury he suffered three years ago in two thousand fifteen bush then playing for the forty niners ran out of bounds on a punt return at a game at the edward jones don't remember i two thousand fifteen slipped on some concrete suffered a torn lateral meniscus attorneys for the rams say they plan to file a motion for new trial no comment from the rams on the issue after an off season or addition of sorts denver broncos are gonna hire demarcus ware as a pass rush specialist select day he'll work on a parttime basis on select as each month already worked some of.
Ram, Sean Payton and Bobby Barron Christian discussed on WWL First News Early Edition with Dave Cohen
"To seven on wwl in it's five forty nine on the early edition wwl first news i'm monica pierre in for dave cohen this morning so day one of many and the ball who stood out and what about mark ingram what is he saying about skipping ota's steve geller joins us now with a look at morning sports good morning to you steve thank you monica good morning everybody running back mark ingram opted to miss as voluntary workouts train on his own what was back in memory for the start of mandatory minicamp he received a little extra attention from the media since he's also suspended for the first four games of the season after violating the league's policy on performance enhancing droves ingram was asked what he's told his fellow backs to do while he's out just to keep pushing managed to keep grinding you know it's not the end of the world i'm gonna be back on be ready in those guys need to step up to notable names were missing from day one of minicamp cameron jordan and michael thomas coach said that jordan was busy with the birth of his second child will thomas his absence was excused you brees has nothing but glowing things to say about his top receiver not many guys i've ever played with that competitive i mean there's really no situation where it's just like take off you know or not gonna take this serious i mean every rep is the same mindset so you know what you're going to get out of every day the rams were ordered to pay former nfl running back reggie bush twelve and a half million dollars in damages for a knee injury suffered in saint louis back in twenty fifteen bush then playing for the forty niners rain out of bounds on a punt return and slipped on some concrete and edward jones dome he suffered a torn lateral meniscus which ended his season attorneys for the ram said they plan to file a motion for a new trial while the team declined to comment on the verdict and the rockets appear out of a laurent james sweepstakes marla written our the akron beacon journal says she heard from lebron's lips he doesn't like houston as city even though james made it clear he intends to play for a contender next season he also said his family's feelings and wishes will carry some weight today at four on sports talk with bobby barron christian garrick the latest from sean payton employers after the saints second day of minicamp polo with expert analysis from our resident produce mcallister.
"edward jones" Discussed on Newsradio 950 WWJ
"We're talking about the merrill lynch's right the raymond james we're talking about edward jones is you know when you're working as an with an adviser that's captive they're gonna push the products from that firm and the end the proprietary and there are a lot of issues around fees with that where sometimes they're being pushed because there's some money that gets made because of those and again if you're not a fiduciary if you're bound by this suitability standard you can get away with that you can push a product that may not be best for you but as long as it's good enough it works and if the advisor make some money because it's a product from the firm then why not we would say that's a real problem paul i would argue don't take our word again this is something specifically they discuss in the pbs frontline special the retirement gamble they specifically talk about the proprietary products in these warehouses that are captive that are forcing the sale of products that aren't in the client's best interests and that was one of the major points they were making so just don't take our work word for it go watch that that it's worth the forty five minutes trust me please watch that retirement gambled very valuable the other point i would make in we need to talk about we want to invite people to attend our course it's really important to help filter some of the noise and i think we're gonna talk about this in the next segment how do you know what is myth what is someone trying to sell you something versus what is really what's best for you and it's really hard to filter that today so we teach courses regularly in a university setting right at the university of michigan eastern michigan university and michigan state the nova campus at this course we're gonna spend we're going to do it over two evenings and we're going to spend seven hours of class time about three and a half hours each night we're going to cover about one hundred and fifty page textbook it's really comprehensive we're gonna talk about everything.
"edward jones" Discussed on KHNR 690AM
"Edward jones welcome nick welcome thank you back excited to be here so life has been busy for you i think there's been a lot of financial ups and downs that you've had to sort through and of course here visit clients and how to make the best decisions tell us a little bit about how things are going in your business and for those who don't know u yeah thank you i am a graduate of the university of hawaii at manoa with a bachelor's in finance and did a couple years with different firms prior coming to edward jones and that was back in december of two thousand seven so this is my eleventh year with edward jones relations hey and now you're father look at you time flies so what really keeps you going in this business what do you love about it well as a edward jones financial adviser i believe it's important to invest my time to understand what my clients are working toward before they invest their money it's also important to understand the level of risk that my clients are comfortable with especially when they're accepting investments that fluctuate so we can balance it with the steps necessary to reach their most important longterm goals right now of course our list there is a lot of whom are kupuna or found these kaput the are in a phase of life where they're trying to perhaps preserve wealth or prolong wealth and so i guess there's certain topics that really touch close a home for them indeed will you can't predict the future.
"edward jones" Discussed on KTRH
"With an average and they decline about thirty two percent now of course in two thousand eight that one went down fifty four percent the dow did and in in y two k that one the it the dow went down forty nine percent so those were little bit bigger than normal but they also came longer than three and a half years in you know the two thousand seven two thousand eight bare market came five years after the previous want so as long overdue so bear markets are shorter than bull markets according to edward jones in a report that they gave out last year so what are the things that sets off bear markets would what are set a bear market set off by well most of the time they're set off by the anticipation of a recession okay case in other words the stock market is looking forward and saying oh recession cunning profits are going to fall unemployment is coming all those things and the stock market starts to fall normally about six months in advance of a recession so that's where most bear markets are caused by is the anticipation of a bit of a recession however there's also geopolitical events you know in the '70s early 70s there was the opec when they strangled the world from mob oil and in 1982 that bear market was actually caused by the federal reserve when they raise interest rates dramatically choked off the economy so as to fight in to kill inflation than the process they produced a bear market so there are sometimes that has set political or actual fed activity so it depends but most of the time it's a recession that brings on a bear market and you know the we talked about in our second segment about the yield curve and how it predicts bear markelle recessions and the you'll curve right now is flattening so you need to be thinking about this stuff because.
"edward jones" Discussed on KSFO-AM
"Fees but unfortunately deciphering fees is and always so easy and in some cases brokers do everything they can to hide those fees you got it i mean a solid recent example of this has with fiduciary role now what the fiduciary rule is supposed to do is raise the standards for investment advice that's that it that is rendered in retirement accounts like four on kasen iras but there are loopholes and there are exemptions around the new fiduciary rule are we warned listeners about one earlier this year called by s be ice the best interest contract exemption now we are finding traces of another one that you gotta watch out for came across my desk in the office here recently this one essentially allows a broker to take more of your money in the form of high sales charges loads and commissions so these loopholes are still out there so help us be on guard against these fees what tips can you give us to make sure that we know how to identify them sure others one word here that you've got to watch out for its appearing on some brokers statements edward jones i am talking to you it is the word grandfathered or this is the warning signs this is the word that's on these statements so let me give you a little bit a context round this the brokers that are trying to sake with all of these fees or the brokers who receive most of their comp most of their compensation from commissions or twelve b one fees so if you are in edward jones client look at your statement if it has the word grandfathered on i guess what the fiduciary role is passing you buy let's go back to roberts question and even though he was asking about his mutual fund to use roberts words what questions should we asked a determined to the true fees that are being charged here's is a oneline script that you can use with your broker you want to ask them quote how are you compensated for the advice that.
"edward jones" Discussed on WJR 760
"Fees is and always so easy and in some cases brokers do everything they hand those fees you got it i mean a solid recent example of this has to do with the fiduciary role and what the fiduciary rule is supposed to do is raise the standards joined bannon advice that's that it that is rendered in retirement accounts like 401 k iras but there are loopholes and there are exemptions around the new fiduciary rule are we warned the listeners about one earlier this year called by spee ice the best interest contract exemption now we are finding pieces of another one that you've gotta watch out for mcrae desk in the office here recently this one essentially allows a broker to uh more of your money in the form of high sales charges loads in commissions so these loopholes are still out there so help us be on guard against these fees what tips can you give us to make sure that we know how to identify them sure others one word here that you've got to watch on some brokers statements edward jones i am talking to you it is the word grandfather this is the warning sign this is the word that's on these statements so let me give you a little bit of context run this the brokers that are trying to sake with all of these fees or the brokers who receive most of their comp most of their compensation from commissions or twelve be onesies so if you are in edward jones client look at your statement if it has the word grandfathered on i guess what the sherry role is passing you buy let's go back to roberts question and even though he was asking about his mutual fund to use roberts word name what questions should we determined to the true fees that are being charged here is a one mind script that you can use with your broker ask them quote how are you compensation for the.
"edward jones" Discussed on WWL
"Is and always so easy some cases brokers do everything they can to hide those fees you got it i mean a solid recent example of this has to do with the fiduciary role and what the fiduciary rule post to do is raise the standards for investment advice that's that it that is rendered in retirement accounts like four on klay's but there are loopholes and the art exemptions around the new fiduciary rule are we warned listeners about one earlier this year called by spee ice the best interest contract exemption now we are finding traces of another one that you gotta watch came across desk in the office johnson tely this one essentially allows a broker to take more of your money in the form of high sales charges loads in commissions so these loopholes are still out there so help us beyond guard against these fees what tips can you give us to make sure that we know how to identify them sure uh there's one word here that you gotta watch out for its appearing on some brokers statements edward jones i am talking to you it is the word grandfathered all this is the warning signs this is the word that's on these statements so let me give you a little bit of context run this the brokers that are trying to sake with all of these fees are the brokers who receive most of their comp most of their compensation from commissions or twelve b one fees so you're an edward jones client look at your statement if it has the word grandfathered on i guess what the fiduciary role is passing you by let's go back to roberts question and even though he was asking about his mutual fund to use roberts words what questions should we asked a determined to the true fees that are being charged here is a one line script that you can use with your broker you want to ask them quote how are you compensated for the advice that you are giving me if they dodged the question if they score arm if they can't answer it if they try to push something in front of you that you got to sign or whatever you call us you email us you get with one of our team ge ask us this question and we'll give you a straight answer right out of the gate we are.
"edward jones" Discussed on WBT Charlotte News Talk
"Fees but unfortunately deciphering fees is and always so easy and in some cases brokers do everything they can to hide those fees you got it i mean a solid recent example of this has to do with the fiduciary role and what the fiduciary rule is supposed to do is raise the standards for investment advice that's that it that is rendered in retirement accounts like four on kasen iras but there are loopholes and there are exemptions around the new fiduciary rule we warned the listeners about one earlier this year called by spee ice the best interest contract exemption now we are finding traces of another one that you've gotta watch out for came across my desk in the office here recently this one essentially allows a broker to take more of your money in the form of high sales charges loads in commissions so these loopholes are still out there so help us be on guard against these fees what tips can you give us to make sure that we know how to identify to sure others one word here that you've gotta watch out for its appearing on some brokers statements edward jones i am talking to you it is the word grandfathered this is the warning sign this is the word that's only statements so let me give you a little bit of context round this the brokers that are trying to sake with all of these fees are the brokers who receive most of their comp most of their compensation from commissions were twelve b one face so if you are in edward jones client look at your statement if it has the word grandfathered on i guess what the fiduciary role as passing you buy let's go back to roberts question and even though he was asking about his mutual fund to use roberts words what questions should we asked of determined to the true fees that are being charged here is a oneline script that you can use with your broker you want to ask them woke kgb how are you compensated for the advice that.
"edward jones" Discussed on WPRO 630AM
"Fees but unfortunately deciphering fees is and always so easy and in some cases brokers do everything they can to hide those fees you got it i mean a solid recent example of this has to do with the fiduciary role and what the fiduciary rule is supposed to do is raise the standards for investment advice that's that it that is rendered in retirement accounts like 401 k than iras but there are loopholes and there are exemptions around the new fiduciary rule are we warned listeners about one charlier this year called by s sieg the best interest contract exemption now we are finding traces of another one that you got to watch out for came across my desk in the off for us here recently this essentially allows of broker to take more of your money in the form of high sales charges loads in commissions so these loopholes are still out there so help us beyond guard against these fees what tips can you give us to make sure that we know how to identify them sure others one word here that you've got to watch out for its appearing on some brokers statements edward jones i am talking to you it is the word grandfathered or this is the warning signs this is the word that's only statements so let me give you a little bit a context run this the brokers that are trying to sake with all of these fees or the brokers who receive most of their comp most of their compensation from commissions or twelve b one fees so if you are in edward jones client look at your state if it has the word grandfathered on i guess what the fiduciary role is passing.
"edward jones" Discussed on WIBC 93.1FM
"Is and always so easy and in some cases brokers do everything we can to hide those fees you got it i mean a solid recent example of this has to do with the fiduciary what the fiduciary rule is supposed to do is raise the standards for investment advice that's that it that is rendered in retirement accounts like four on cape ann iras but there are loopholes and there are exemptions around the new fiduciary are we warned listeners about one earlier this year called by s be ice the best interest contract exemption now we are finding traces of another one that you gotta watch out for came across my death asking the office here recently this one essentially allows of broker to take more of your money in the form of high sales charges loads and commissions so these loopholes are still out there so help us be on guard against these fields what tips can you give us to make sure they know how to identify them sure others one word here that you've gotta watch out for its appearing on some brokers statements edward jones i am talking to you it is the word grandfathered this is the warming sign this is the word that's only statements so let me give you a little bit of contacts on this the brokers that are trying to sake with all of these fees are the brokers who receive most of their comp most of their compensation from commissions twelve one fees so if you are in edward jones client look at your statement if it has the word grandfathered ah what their fiduciary role is passing you by let's go back to rob question and he said he was asking about his mutual fund to use roberts words what questions should we asked to determine the true fees that are being charged here is a one line script that you can use with your broker you want to ask them quote how are you compensated for the advice that.
"edward jones" Discussed on KMOX News Radio 1120
"Edward jones is really a st louis success story it seems like a central you began as what we call today a start up and you could say that you haven't gone public you haven't made an acquisition so the use of us some sort of language edward jones has boots strapped its way to this trillion dollar milestone right i would agree completely with it yeah we were founded late in 2002 by uh by mr uh edward b joe and the proudly a been headquartered in st louis the entire time sense uh we grow organically were a partnership you are exactly right the minimum women due to work at our firm owned the place and uh i firmly believe that owners act differently them employees they bring mary game every day they wanna who the absolute best jobbik in their little piece of the of the place coming up next hour on total information again is edward jones arena emma cards will ask reporting live michael kale who news where do you love and twenty kmox the aften school district is seeing an increase in enrollment and carol daniel reports states demographics are changing as well superintendent steve brother ten says enrollment is up eight percent in the other change the number of nonenglish speaking students called englishlanguage learners or e l l is at an all time i'm hi having grown eighty percent in the last five years so what languages do they sweep many people know that i have a lot of a bosnian families the come here but i think the new kind of trend that were thing is uh more vietnamese and more from arabic countries each of the district buildings have a teacher designated four.
"edward jones" Discussed on WSJ MoneyBeat
"In floored we have a place for you not only do we understand your aspirations we are ready for them for all the amazing things your future holds we hold the key floored the future is here this is money beat from the wall street journal now from our studios in new york your paul vinya and steven grocer the dow jones industrial average hits and other record just a few points away in fact from the twenty two thousand level which would represent roughly a twenty percent gain since invaded since election day welcome to the money beat podcast paul vinya steven grocer so the market stock market looking hot despite turmoil in washington d c where do we think things are going is the question today grocer it is the start of august and i i think were hitting awad a big round numbers but and were in the markets monopolized since election day but one of the key things to sort of especially when you're talking about the dow with it a close to twenty two thousand is a thousand point increments aren't what they used to be no they're not but i mean you know the big round numbers gets everyone excited i get two two draw a new two out of pink cut a little too at a piece of paper and stick it on my doubt 20000 hat but got the presi excited to got the president excited but where's in all going what is it all mean and rather than just have to reporters talk about it you know let's be frill our our our knowledge is limited bernard not tumble about that we have in the studio today from the gateway city of st louis kate worn investment strategist at edward jones.