35 Burst results for "Eight Thousand Dollar"
How Much Does a Wedding Actually Cost?
"Experts project that twenty twenty one wedding costs will rebound what they were in two thousand nineteen if not higher so let's take a look at the twenty nineteen numbers. According to wedding wire the average cost of a wedding reception per couple was around. Twenty eight thousand dollars. Although i'd venture to say it was probably a little higher. Because according to the not here are the average costs involved with a wedding reception. Buckle up because it's a long one ten thousand five hundred dollars for a reception. Venue two thousand four hundred dollars for a photographer. Eighteen hundred dollars for a video for two thousand dollars for florist sixteen hundred dollars for a wedding dress. Three thousand seven hundred dollars for a wedding band twelve hundred dollars for a reception. Dj seventy dollars per person for catering and the average wedding in two thousand nineteen had one hundred and thirty one guests. I guess it's an odd number because of all the singles who want to go home or at least go to bed with a new plus one and that brings the total cost of food to nine thousand one hundred and seventy dollars. The rehearsal dinner costs on average eighteen. Hundred dollars five hundred ninety dollars for the invitations. One hundred dollars for the hairstylist hundred bucks for the makeup artist. Four hundred bucks for the party favors and last but certainly not least five hundred dollars for the cake that is a total of thirty five thousand nine hundred and seventy dollars to put that into perspective that the lot more than the down payment on one hundred and seventy five thousand dollar house or tuition for a year and a half at florida state university. It's a huge chunk of change. And again i would still argue that. Those estimates are probably low. I mean shout out to the bride. Who's spending one hundred ten bucks on a hairstylist. But if you're living in la you're probably spending five times that amount which brings me to an important point of course. These averages vary widely depending on factors like location. What time of year and even what day of the week it is. You're tying the
Am I Spending Too Much on Tools and Software?
"So craig writes in and asks. Hey am i spending too much. On software and subscription tools. I spend over a grand every single year on these tools. And i wanna. I say that you know eight thousand dollars. Sounds a lot when i just say eight thousand dollars but it's all relative really. It depends on how much you're earning depends on how many customers you have been on. The you know the nature of your business and how uses these tools. You're spending a grand a year but with those tools you're earning a hundred grand then. It's not a bad thing because those are basically you're running costs to run a business. You might have cost involved but most people that spend money on online business. Spend most of their money on tools and hosting and things like that again. I want to stress the relativity of this whole you know. Eight thousand dollars does sound like a lot. But our software business between hosting and development sas products and deployment tools and email marketing. We spent well over a hundred thousand dollars a month on tools and subscription services. But again it's all of our costs because we run a software company. I i want to talk about what tools really are worth spending money on and we'll talk about how to maximize tool so before you start cutting out. Let's see some of these tools. Are things that you actually should invest in number one you of say hosting a lot of people go really cheap their website hosting whether they're on a shared server or they're on some sort of dinky hosting plan spending a bit more on your website hosting and having a dedicated server is going to speed up things. It's gonna love the Website the faster have a better experience for your customers. It's the home. It's the home of your business and you need to make sure you're spending good money on a good foundation. A of people forget this. Skip this and spend really like less than ten dollars a month. That's okay when you're just getting started to have a proof of concept once you have customers rolling through the door you need to improve and upgrade your experience so spending money on that is not so bad. Most people spend like ten dollars on their website hosting because we really value experience for customers for our websites. We spent six hundred dollars a month on website hosting a virtual private server.
"eight thousand dollar" Discussed on The Unmistakable Creative Podcast
"Work for me to go and collect the rent check and things so they would go and and pick up the eight thousand dollar rent check from our renter and go deposited in the bank and a so even at a young age. Fifteen years old and they're funneling money. That's much bigger than the way that i was raised in the perception of money and intentionally did this for them to help them perceive possibility. If my kids aren't making more money than i made like. I failed in my raising.
"eight thousand dollar" Discussed on Life of an Architect
"Hey and your spec section for the steel you say we have to have a person with these qualifications can spec the steel after it's done and that person doesn't exist in san marcus so we'd have to get somebody from like austin to come down and that's like really expensive i go. Why are you telling me this. it's in the spec. You're supposed to do it. He's like well you know. But that's that's unreasonable. Nobody who does that. And i go. I don't care what everyone does this what i asked you to do. And maybe you wouldn't have gotten this job. Actually priced it the way everyone else priced at which was to have. The person won't correct qualifications. Do the task that we asked them to do so. Don't cry to me that. Hey this thing that you miss is expensive and it's not your fault that you didn't read the documentation i get it. This was something else or maybe we should get back to the better faster cheaper kind of part of it but you know there are times when contractors miss things in projects in this comes up in residential work fairly often right they just miss it just like we miss things in drawings. It's not like anybody's perfect right. But where i was going with this is so okay. Let's say that. I have a client and on the architect and you andrew year the contractor and You're doing a bid project or whatever and you realize that. Oh my god. I miss this this requirement or the fact that you asked me to do x. or i miss this appliance that's in the kitchen Or like oh. You had a put a a really expensive refrigerator. Freezer in the garage And i didn't pick that up. Because i didn't think there would be appliances in the garage and so in my appliance guy bid. He didn't look in the garage. And we miss this eight thousand dollar refrigerator stuff like that happens so some clients will go a ha. That guy screwed. He screwed up. He's got to eat it. And i go wait a minute..
P.E. Teacher Becomes Full-Time Sports Gear Reseller
"Today in our latest feature will hear from a teacher who buys and resells sports gear. I love to look at stories of simple reselling. Because as i said simple. These are very simple projects. That are important to highlight. Because it's something that most people can do if you're out there and you're like totally new to the whole world. This is a great thing to jump into. I think The guy we're going to hear from. Today matt his total startup cost with something like one hundred dollars actually makes his first profit by selling his own stuff like his own. Jerseys kind of reminds me how. I was selling my own items from around my apartment more than twenty years ago when i got into this kind of thing and eventually for him. He ends up going all in with. This action retires from teaching to focus on his re-selling dig his businesses. Going really. well he's doing up to eight thousand dollars a month or so. He's managed this all throughout the pandemic of course so he's got some good lessons about time management etc. Now we. I heard from matt nearly two years ago in the original story Let's now hear directly from him. And i'll come back at the end. Perhaps share a story or two from my own re-selling years little quick trip down memory lane along with some advice for you. If you'd like to get into this to no matter how much you sell ship station makes it super easy to manage ship your orders from all your sales channels faster cheaper and more efficiently. They have been helping many of our listeners. For four years now ship station you'll spend a lot less time on shipping a lot more time growing your business in no matter where you sell amazon oetzi. You're on website. They can funnel all your orders into one simple interface service from a great company. That as i said i know has helped a lot of our listeners. You can ship more or less time with the offer code hustle. Get your sixty day free trial. That is two months free of no hassle stress free shipping. All you gotta do is go to ship. Station dot com. Click the microphone at the top and type in hustle that is ship station com offer code hustle. Make shit happen. My name's matthew myers. We are located in indianapolis indiana on the north side of town. My side hustle from seven. Twenty seven was kevin's lockouts instill as epa clubhouse side. Hustle is a resale sports in store. So i essentially. I had goodwill's stores scrap sales markets and then essentially resell gently used sports fan gear. And it's pretty much anything ranging from palace pros From both ear to cycling ear to winter jackets could be anything from maki North face to to the old nineteen ninety a starter jacket. Everybody has the chicago bulls one that we all grew up more so i always try to find the brand. The brand names let everyone tries to buy but off discount and then obviously compared to larger with nike and medicine and things like that. So essentially i just i go to stores deal mainly for stores buy low sell high and try to offer big products to people and it seems to save to be working where people are always gonna be wearing that either to a game and obviously you really go into games right out. During a pandemic people like wearing that stuff going on their favorite team. I started this back in two thousand seventeen of between teaching jobs. I left my previous school for a new teaching opportunity. But i was also unemployed needed cash so i kinda just sold things on the side that i wasn't using it like an old jersey so i sold an old chicago cubs jersey for seventy bucks tonight. Said well you know. Maybe maybe something to this. So i'm going to sell an i. I probably had thirty forty jerseys. I want i sold them. Georgia this cycle a mortgage. And i was like okay. Well they sold pretty quick. You know maybe maybe this is something. I can actually take off and run with and actually create business but you know between north korea and mainly will be clothes. I've been able to manage to make profit enough where i can officially retired from teaching. And make this slimane hustle. I before i left. I needed to see the numbers on my end of a meghan. You know five six thousand a month okay. You know sales growth sales. So i knew that i was it. Was it was a good enough jump to to try to make this full-time gig. And i'm lucky to last year's at it has even with my biggest challenge right now is that now. It's time time time though is going to be a challenge. I think i think a lot of people will tell you that My my i love working at night. And i'm kind of like a night out precise so i'll let you everything done late at night. Then as morning hits you know it's hard to get up at seven eight o'clock and try to figure out you know. Hey i need to get all this stuff done before. I don't know four and get my orders out so just trying to be more productive trying to be better on my time. Let's old spent my biggest challenge and going into this year. I wanted to really make make that my project per se of like you know what it's time to get up. It's time to be productive. It's time to get to the stores. The fun part about all this is that you can go on thrift and you can go and find all the stuff. The hard part is get it all up getting listed getting measured and then getting shipped out with someone. That's that's always the nasa art so just trying to balance both has been tough but again realizing that this is my full time job like there is no teaching job anymore. They're in snow. Kindergarteners coming in for p. Like just to be completely focused on everything. I think so far it's only been seven days of twenty-three one pasha thank you so much matt really appreciate that update So glad to know what's going so well you've been able to make it your full-time gig check out. Matt's shop it's kevin's clubhouse dot
Giving to Create a Legacy
"When we talk about legacy planning. We're talking about you. Typically for our clients that are independent. they're financially independent. Maybe reach the financial transcendent stage. They're talking about giving the talking about making significant gifts to family or to charity. And that's what i mean by legacy doing something to provide for others. that goes well beyond beyond our lifetime. Okay so if i am making a gift some to someone My child or in my case You know i've got a couple of grandkids. Now and i wanna give a gift to grandchild. Is that taxable to the person receiving the gift in other words. Am i going to be setting my grandchild up to have to pay taxes and not necessarily know just like if you give them a birthday present their taxed on that that gift and if you're giving them significant let's they're not necessarily taxed on that on that gift so that's a simple answer. Okay all right. Well i i know that if uncle sam head his way he might wanna show up at birthday parties and start taxing gasoline difficulty. Just just saying the attitude. He's got right now anyway. What about the person making the gift. I is there any ramifications for me if i'm if i'm gonna give a large gift like that that that's where this guy gets a little complex so possibly if the gift is large enough and i and i just want to briefly give some some basic tax concepts and some rules around that not to more people but tax planning is part of financial so we need to talk about it. The basics earned income meaning wages taxable as regular income and so his income from investments like dividends and interest. I think most of our listeners know that. And if you sell an asset that you've owned for longer than twelve months for for a gain you you've realized a long term capital gain and that gain is taxed at capital gains rates which can be lower than tax rates on on regular income. That's just the basics for larger estates and here. I'm talking about very large estates currently in excess of a million. I'm sorry eleven million. Five hundred and eighty thousand dollars for an individual and twenty three million one hundred and sixty thousand for a married couple for states in gifts in excess of that amount of the federal government is going to taxed tax the giver at forty percent well for large estates. The tax could be very significant in here. I think this is really a transfer tax not necessarily tax only a death because you're making very very large gifts that exceeds those limits. Eleven eleven million five hundred and twenty three million one hundred sixty thousand. Those are also taxed to the to the person giving not to the receiver of those assets and then another. There's another level of tax at least in seventeen states plus the district of columbia. They're going to also levy a transfer tax estate tax for example in massachusetts we haven't attacked exemption of a million dollars per person and thereafter estates are taxed at point eight percent all the way up to point all the way up to sixteen percent. Taxes can be part of the conversation and and the and the planning so back to gifting. The federal tax law says an individual can gift fifteen thousand dollars to an individual per year. You can give to your grandchild. Fifteen thousand dollars in your wife can give to your grandchild thousand dollars oak. We call this. The annual exclusion anything in excess of fifteen thousand dollars is counted against your federal lifetime. Exemption which is it which we just described that eleven million five hundred and eight thousand dollars and that so it's counted against your lifetime exemption and attacks form that discloses that gift is required if it's if it's a gift of fifteen thousand dollars or less there's no tax form if there's a gift in excess of fifteen thousand dollars per person per year calendar year then there's a form that needs to be sent to the irs. That doesn't necessarily attacks do you. And your wife give gift your daughter. Thirty thousand dollars in a calendar year. No tax forms required. But if you give her forty thousand dollars you'll need to file a gift tax form disclosing a ten thousand dollar taxable gift. Now your lifetime. Exemption is reduced by ten thousand dollars. There's no tax do over. But now you've your lifetime transfer exemption amount is is a little bit less okay a little bit more detail than you might want but it's an important nation. Yeah that's perfect. Because i think that's a huge in planning for people that can afford it. Peter i'll be honest. I'm not in this category yet right. i'm not gonna. i'm not worried about going over that thirty thousand dollars a year gift. My children or my grandchildren but there are a lot of people out there that are right and they need to know this information. They need to know that can give them an annual basis. They just need to subtracted from the total mountain and play by the rules. Because you know you don't want to get yourself in trouble for sure. I think it's important. I also just from a tax law perspective. We don't we don't know what tax laws will be in the future cert. There's certainly not static in there definitely subject to change so under under the current law the lifetime exemption amount is scheduled to reduce back to the two thousand and seventeen exemption of five million dollars per person. And that's adjusted for inflation and that starts in twenty twenty six so under current law that that lifetime exemption amount goes is reduced from almost twelve million dollars down to almost six million dollars with y when you consider inflation. What happens to those people that have already. You don't reach that that mark. Maybe they've given away eleven million and then it goes back to five million per person are they are the grandfathered in i'm using air quotes there. The grandfather dinners. They're going to be any issue with that. Oh you ask a great question. And the the irs. They have determined that. There's not going to be a clawback. So yes they can make the gift now. It will always be exempt said. It's good so again. There's there's much needed information for those people that are in this situation. There's a time limit right. I mean there's there's kind of a ticking clock on on getting those gifts to somebody before it sunsets back to a much lesser amount. So the great information
Should I Pay Off Debt Before Selling Stocks?
"So i'm twenty five due to a very fortunate situation i kinda got doubly lucky here and got some money from my parents and my grandfather and also got really lucky investing in some things. I didn't completely understand what that money like. You often say The tricky part about that now is the ninety. Five percent of my net worth is in stocks. And i only make fifty grand a year Getting ready to buy a house at my fiance. i'm just concerned about the capital. Gains tax hit to create a downtown for the house. Some thinking i've made my fair share of dumb decisions but this money being young obviously Got a big chevy tahoe. That you know. I don't think i necessarily deserve. But i just happened to like something and do i sell it number. One deduct free and create positive equity to maybe absorb that tax. It or keep the truck just because i enjoy it is the truck paid for twenty thousand muslim but Yeah i i'm either way. I'm not taking the car anymore. So i'm thinking bill situations neither reading it off and you're twenty five years old. You make fifty thousand twenty eight thousand dollar truck and you have how much in this investment account. Six hundred and fifty thousand dollars. Wow wow yeah you've got you've been blessed beyond measure he s and how much how much of that is gain that is over a year old Probably about seventy percent of it okay. So that'll be taxed at fifteen percent and it's in single stocks and from the way you're describing this it sounds like it's fairly high risk situation in my right Some of it is the i decided you know. I got scared of it pretty early. So i moved sixty percent of the into management. I would say the other. Forty percent is individual stocks around consumer data collection and medical diagnostic collection. Yeah yeah uber. High risk cutting edge small-cap technologies and. Yeah you're pretty much. Playing russian roulette with those things are the roulette wheel anyway So The way i answer questions. We answered questions on this show is what would we do if we woke up in your shoes. Yeah man first off. Thank goodness you're where you are. Congratulations that's wonderful. The danger is that it worked that you may try to do it again. That's that's the dangerous part. It's like the guy that drops one quarter into a slot machine wins and he spends the rest of his vacation but all his money in the slot machine. Try and do it again. because you're not going to do it again. I d i. I do not have investments of those types because They scare me and And my real estate portfolio alone is worth hundreds of millions. So i can speak with Emotional authority in this situation. How it feels. When i was your age i was a millionaire and lost everything. And i don't want you to fall into that. What i would do is i would Move anything that is not in a managed account in mutual funds. Into that. And i would pay off the truck tomorrow if you're going to keep it Normally we say do not own things that are more than half your annual income. This is barely but you also have six hundred and fifty thousand freaking dollars laying over here so. I think you can afford a driver's truck if you want to write And then Believe it or not. I'm going to suggest you do not buy a home with your fiance right now. On number one. You don't buy homes with people you're not married to After you're married. I would rent something even if it's something nice for six months get to know each other. It takes about a year of being married to know how close to your mother in law by. Yeah yeah in other. After a year of marriage you will make different housing decision than you would make today together. We've been running here for about two years. We've been married. yeah correct after. You've been married a while. You will make a different decision. You would make as shacked up john say's It's a different thing. Just is true and so i would take my time. And you've been the. There's a tortoise and the hare you've been the hair and you're ahead in the race and i'm going to switch sides and become the tortoise and i'm just gonna slow your butt down on the investing and on the house i'm really happy where you're where you are and you're obviously a very sharp guy. Yeah i mean you're obviously very bright so you may not do anything we say to you called and asked us which the danger of that is. We're gonna tell you. Tell you the truth and i think he will dave. I think he's he's a little nervous a little scared. He wants to make the right decisions. She wants house. Yeah and. Here's the thing. Dave i was going to say instead of for you know. Save like you said spent the first six months we year when she will get married and then with him walking away after he pays the capital gains. I pay cash. I'll pay cash for the house. That's why i was gonna say did i. And i'm saying it's like a two three hundred thousand four hundred. I don't care i've hundred. I don't care now you're good really. Everything's paid for everything. The money's gone. Yeah of it your all your taxes. Well i mean by the time you guys not the. It's back. investment accounts. Guess yes your taxes at fifteen percent on seventy percent of six fifty is just. That's not gonna cripple. The situation is And yes i would pay the capital gains in order to get this in the right setting and it doesn't sound like that much of it's gonna be subject to capital gains because sound like you've already done that when you moved from these higher higher risk things into the manage stuff you probably took your capital gain chen you liquidated investments to move them. That's my guess anyway I don't know exactly how you did that. But that's that's what it sounds like. You did to me so anyway. I'm gonna pay what capital gains. You got to pay for making the move and get it all undermanaged and i would sit there something for a little for a year after marriage six months after you're married then i would buy with cash and pay off the car today and i wanna say to america listening. You are processing at work for him. Let me go try that. No do not do it. I mean i think the numbers. They've update numbers right around. Seventy eight percent of the people who play in his field. Do not make a dime. They actually lose money and so Yes you hear. It worked over here But it does not mean more than likely if you had a buddy that will hit a lottery. Ticket doesn't mean that smart by lottery tickets. It's just you know that's the bottom line. And so and brandis are gavin smart enough to wise enough to be a little bit afraid in this situation. But congratulations that you're there. I'm so happy that you're twenty five years old and six hundred fifty thousand dollars. That's just so cool. That's so neat. And thanks for calling in asking the question.
The Road To Bankruptcy
"After closing her spot in march. Daniela stromberg went looking for help anywhere she could find it. She applied for one of the ppp loans from the government and she was approved but those loans helped businesses cover payroll and yellow. Didn't just have payroll to worry about ci also had to pay rent around twenty eight thousand dollars a month. I'm day spa. i'm utterly vulnerable. So how would i then pay the full rent. Daniela turned to the one person who could really help her solve her rent. Problem her landlord. She needed to things from him. I need an exit strategy. I wanted to be able to give him three months. No this should this not be working. I needed reduced rent based on my ability to do business so the reduced rent was tied into my reduced revenues. The negotiation with her landlord was not easy. Daniela says they went back and forth for months. Then in july danielle caught a break governor. Andrew cuomo announced that new york city would enter phase three of reopening which meant that personal care services nail salons tattoo parlors and spas could reopen. Our phones. Were ringing from the day. The city said go It was amazing. Then yellow was thrilled. She was finally able to bring back some of her staff and she got to work. On new safety. Protocols daily temperature checks goggles masks and face shields she invested in a new air filtration system and uv sanitizing lights domi- was open for business. We were the neighborhood spa and we had been there for eighteen years. We have real relationships with our clients and most of my team had been with me more than fifteen years so people were happy. We were open again. Demise was completely booked to try to accommodate as many customers as possible. Danielle and her staff started coming early staying late but the numbers just weren't adding up. Danielle could only open to of her seven treatment rooms because of social distancing and she could only offer her low dollar services guess like massages so a one hour massage cost around one hundred and fifty bucks not bad for daniele but also that wasn't anywhere close to as profitable as a facial official might bring in three hundred fifty dollars for that same. Our only problem was facials. Were still prohibited by the state. So even after reopening daniels revenues were down seventy percent from the previous year and then in september danielle received a final offer from her landlord. It was two months of half-off rent. And if she wanted an additional month at fifty percent off she would have to sign five. More years onto her lease daniele was stunned. She was dealing with so much uncertainty. She had no idea where things would be in two months. She felt like there was no way she could sign this lease. What is two months. Mean what what's the relevance of that. What did he think was happening in two months. Like that's just magic thinking like it meant nothing. This was spit. daniele was at the end her rope. She told her landlord she would be out by the end of the month and then she called each of her thirty four employees. I said i am. This is really hard. I'm very sorry. I feel a win and i didn't wanna let anybody down but i lost my fight with the landlord and we're ending services on the fifteenth daniela's spa is one of more than one hundred thousand small businesses estimated to have closed this year when a business closes. It's still on the hook for the money. It owes some business owners like daniela file for bankruptcy as a way to deal with their outstanding debts. Kate waldoch is an economist who specializes in corporate bankruptcy. She says when a business closes it sets off a chain of reactions. That ripples through the economy. I the business owner stops paying their landlord. The landlord is making any money. And chances are in since we're still in the middle of the pandemic. It's really bad right now. They probably can't lease that. Space to a new tenant probably sitting empty and so all of a sudden the landlord can't make mortgage payments so the bank and then the bank is in trouble. Says kate because it was counting on money coming in from the small business and from the landlord and when businesses in landlords that means that that's money that the bank was expecting to make that it's not making so the value of the bank goes down and the cash that it was hoping to take in and then relent to another business or another landlord or another homeowner. Can't relent that money. Kate says the result is that there's less credit to help. Businesses grow in the future. She worries all of these. Recent bankruptcies will result in a serious recession. The likes of which we haven't yet begun to see when the virus is finally under control and businesses can start reopening again get says it will take a lot of cash to jump start the economy and she's worried that the banks just will not have that cash to lend or even if they do that they'll be skittish about lending it of course the government may step in here and flood the economy with stimulus. Kate says that could help. In fact right now. Congress is debating just how much support to give small businesses in. Its next relief plan but for daniela. Stromberg it's just too late. All i needed was read relief. That's it so. I mean this never had to happen. That's it. i never had to happen.
Lori Loughlin's daughter Olivia Jade on college admissions scandal: 'I was not fully aware of what was going on'
"We had the means to do something and we completely took it and ran with it. She wanted to explain because she doesn't know why. Celebrities are pissed at her. Yeah the whole thing is like do you understand why with you. I'd love to hear it from you. 'cause she doesn't know what yeah. I am kind of interested to watch this one. I know i'll recap it for you tomorrow morning. You cardi b. is responding to the haters who were calling her out on twitter over the weekend. It all started on sunday when cardi asked her followers. Spend eight thousand dollars on this purse. That she's been wanting well. People were very quick to respond to hurt the course with money pointing out that in a time when lots of people are struggling. Eighty eight thousand dollars on a purse was just ridiculous so cardi then tweeted a screenshot from an article published earlier. This year which highlighted her million dollar donation to corona virus relief efforts she replied in all
Grow and Scale to Unlimited Processing with KhaazRa MaaRanu
"Cadre say was up to fire nation and sure something interesting about yourself that most people don't know fire nation. Hello. How're you doing? So glad to be here John One interesting thing about me is that I'm really. Fun Guy I just love doing things by Tanis -ly travel at the drop of a dime I'll do anything and everything at least one time fire nation where Zesbaugh. Naty like you can't blame Cova forever. You still have to be spontaneous from time to time and I think that that is something that caused red definitely has in spades there'll be communicating over the past few weeks I feel like you're just always traveling cadre. Used to travel a lot more before this whole pandemic thing. So that bug is absolutely there unlike you I loved tropical vibes. Places A Beautiful Landscapes Yeah, absolutely. I love her brother and I also personally love your arch Merill Journey, but I want to share with fire nation now. So talk to us about Your Arch Moreau journey to get you to where you are today. Sure. Many years ago with been around for maybe twelve to thirteen years. Now Time Flies John and I started as a door to door sales. Read Right I was working at an Elementary School in Orlando Florida and working my tail off to get into like twenty eight, thousand dollars a year a two weeks vacation hoping seven thirty to three thirty at whatever time off of work and I wanted to do something they gave me more time. Gives me more time and I work hard is up. Can I do something that doesn't can't my income but I, really just wanted to have more time. I'm like you after I just WanNa sit at the beach I. Just WanNa look out the window I just want to play basketball or actually I wanted to do with my children by how can I do that and so I went online inbound a position In a one, hundred percent commission sales opportunity. before and to California wasn't successful at all initially. Because he was trying to do with the corporate way with you know the sales pitch in the book and. Corporate approach in just got turned down. At. Every business that I went to drop it right now. So you know what? Let me just Relate to people from Detroit Michigan School of hard knocks in the thing I I know how to do is connect with people. You know winner talk we're not to talk sometimes and I did that in super. Just to speed it up really quick I. had a triple my income that year a quadruple did the next year. But then I realized that what I was doing wasn't what I thought. I was doing meaning that I was selling the product that I didn't even understand myself rice. Even though I had dropped the sales pitch book, still have the spirit of that particular company in the industry itself, and that is the spirit of confusion. So you know I was selling merchant programs where the be rates were. There'd be tough with at least not by Terminal Benign, bucks you Lisa for three hundred bucks. This is especially for brick and mortar businesses. You can lease terminal could cost ninety nine dollars you can. Literally Lisa the terminal but three to sometimes a thousand dollars per month for forty eight months in into the least they do not own the machine and it was just you know even the in the way we would pitch them. It was just a real messy thing once I realized what I was doing because I had never read the contract I had never really met the contract myself. I was just starting the program. And once I realized I had to move decision it was totally against particular companies I guess goes to really client on what's really happening behind the scenes by the time decline realize what going on it was too late they were locked into. A four, five year contract with all kinds of these anti get out of it was it will require legal entanglement right with them as you have to hire attorneys go through this other stuff in its contract. So it's Kinda hard to get out of it. So. I had to make a decision to leave that company, lead all the money that had all the recurring incumbent had to. It's up deleted lead cable right and so I did that I went to work with another company and in six months I had. Replaced the incumbent Henry the other company, man those bags were not. They were robbing me and I was by taking advantage of announced robbing Murchison's basically right or Robin clients. So. Same thing had been there all of a sudden. They create money out of thin air when I say thin air veneer. So as an example, there's something called Pi compliance that every business needs to happen in particular Brigham mortar businesses by you don't necessarily. Do but something healthy you it helps protect
Model S Price Cut, X Range Increase(?)
"Everybody Rob our here, and today we were talking about a price cut on Tesla's model s an update on the full self-driving rewrite an SNP credit rating upgrade some news out of China India that a couple of other topics as well. We'll start off with the price cut tesla today the US lowered the base price for both the long range and the performance version of the Model S. by three thousand dollars meaning the starting prices dropped from about seventy five, thousand dollars before to about seventy two thousand dollars now and Tesla has similar. We cut the price in China for the mile s by about three percent I don't believe. It has been updated in Europe but all the pricing those markets are different. So let me know otherwise if it has changed in your market this is the second Prescott on the Model S. This year following a five thousand dollar price cut on the vehicle back in May, which also applied to the Model X. at that time. Interestingly, this update is only for the model s not the Model X. That means the base price spread on both the long range and performance versions of these vehicles is now eight thousand dollars I don't think this is terribly surprising given. The fact that we are now in Q. Four and Tesla does still. Have a shot at hitting five, hundred, thousand vehicle deliveries this year but it's GonNa take every single vehicle to do that I, think and on the s next combined unfortunately, tussle doesn't break those out individually anymore. But on those two vehicles combined they have been producing and delivering under the capacity Tesla in their queue update letter said that they had a current installed annual capacity out of Fremont for s and x combined and ninety thousand per year. That's twenty, two, thousand, five, hundred per quarter but tesla hasn't delivered more than twenty thousand as next combined since the end of twenty eighteen excluding the first two quarters this year due to. Production Shutdowns Tesla's at that point in time has averaged production of around sixteen thousand s annex per quarter. So they certainly seemed to have some additional capacity and that should be the case for batteries as well because these used the eighteen sixties from Panasonic, in Japan, which have previously accommodated s an extra rates around twenty, five, thousand per quarter in Q. Three, tesla produced around seventeen thousand ax in our previous conversations about potential Q. Four production. I just held that study at seventeen thousand I. Now think that will actually increase this quarter q four is naturally a stronger quarter for automotive demand tussle now, early in the quarter stacks this price. Got On top of it, and we also had the Plan Model S. announced at battery. Day? Which I think could have removed some doubts for some buyers that may have been waiting for battery day in anticipation of potentially other updates to tussles lineup. So I think you for should be pretty solid for model s and not to be outdone entirely by the model as we may actually have a range update for the Model X. DMZ member cold weather e. v. last night posted an update that they had just taken delivery of a twenty twenty one then model x. and they were surprised to see that on the monroney sticker which. Is that sticker in the vehicle comes with all new vehicles and has things like efficiencies migrating, and one of those things is EPA rating this person will surprised to see that the EPA rating for Model X. was three, hundred, seventy, one miles that is higher than the previous rating of three hundred, fifty, one miles of range, which is what tussle still lists on their design studio. So we'll have to wait and see if we hear this from more people obviously this just as one source at this point in time, and this user also does say quote I haven't charged to one hundred percent but when extrapolate my current state of charge? percent two miles, it should give three hundred and fifty one miles at one, hundred percent and quote. So maybe it is still three hundred, fifty, one miles or maybe the software just hasn't been updated for this new version yet I think the latter is more likely but again, we'll wait and see this would be five point seven percent increase to range, which I think brings to mind a couple of things. We earlier this year had a similar increase in range to the Model S., which took it from around three hundred eighty at remember the exact rating up to four hundred miles per charge. But when that happened the Model X.. Actually, stayed constant. So this could be the X. catching up with those s updates previously, or we do also know that Panasonic has been working to improve energy density in Nevada by about five percent five plus percent. So maybe they made more changes to the eighteen six fifty's that supply the model x. from Japan, and then maybe those new cells would be adding this five percent plus range. If that were the case we would expect to see this also happened in the Model S. probably. So anybody that is taking new deliveries of either the or the X. Please take a look at what your monroney sticker says and let us know. Next up, we have an update on Tesla autopilot rewrite Alon on twitter yesterday said Quote Limited Fasd Beta, releasing on Tuesday next week as promised. This will at first be limited to a small number of people who are expert and careful drivers and quote we last had an update on this about a month ago when John said quote releasing private Beta in two to four weeks public. Beta. Centers opt in four to six weeks after that. Then all US Tesla owners mid-december above schedules contingent upon not encountering major unexpected setbacks and quote. So this new tweet, it's a little bit less clear on which step or in if it is that I private. Beta. That he on his talking about here or if it's that limited public Beta for early access owners but to me, it does sound like that first. Step of being a private Beta. So that will come out next week one week from today on October twentieth. Apparently, if that's the case, it's about a week and a half out from that previous timeline but I think everybody can be pretty happy with that. If we extrapolate from that same timeline before using these new dates, we'd be four to six weeks out from early access, which would put a day range for. That from November seventeenth to December first depending on how wide this initial releases that early access program update that might be the first time that we actually start to see youtube videos and things of the sort pop up for the new rewrite though it is possible that we may see some of that as early as next week.
How I Used the Principles of Minimalism to Make $8,000 by Emma Scheib
"How I use the principles of minimalism to make eight thousand dollars by Scheib of simple slow lovely dot com. If you told me a few years ago that minimalism or simple living would lead to generating money. I would have laughed away of living helping generate income sounds too good to be true. and. Right now, you're probably wondering how I'm going to spin this and if it's actually as good as it sounds right. Well from one skeptic to another I, invite you to open your mind to new possibilities. Let go of preconceived ideas about how making money should look which for most people looks like being employed and let your imagination lead you because I believe that when you let go of clutter both physical and emotional and embrace freedom, there were many opportunities for your finances to benefit. So here we go. Let's break it down. Making money was a byproduct. I never set out to use the concepts of minimalism to make money. My pathway to simple living was forged through many years of living in the land of busy and overwhelmed. I chose to slow down and simplify, and one of the consequences was an opportunity to make money. It didn't happen overnight. I spent a couple of years emptying my home of the things that I didn't need anymore drawer by drawer box box. That's the only way I got there. There were many times that I wished the process would go faster, but it just didn't work that way and going slower allowed me to apply and environmental mindfulness to the process. As ID cluttered and simplified I gained freedom. When I got to a certain level of empty a few shelves here and there a barebones closets I began to dream of things I'd previously deemed impossible. For instance, a family sabbatical overseas seemed a little bit more doable less to pack less to store less work to prepare for. Okay. Okay. Enough Preamble I'll cut to the chase for you now. Making the money. So. How exactly did we make eight thousand dollars as a byproduct of choosing to live more minimally. We were able to rent our beautiful home over the summer. We live in a beautiful part of New Zealand with the best, beach in the world only seven minutes drive from our home. It's a sought after location for New Zealanders and many foreign tourists to we'd heard of other people renting their houses out as holiday homes and knew that it could be a profitable venture but laden down with four too many possessions. I never seriously considered this as an option for. Making money the preparation to get the house ready would have been absolutely enormous and completely unattainable when I left my fulltime job to set about restoring sanity and balance to our house. We knew that renting our house out would be a great option to help replace a bit of my income, and by the time we decided to go ahead and advertise I had a couple of years of decluttering under my belt. There was still work to be done, but it wasn't overwhelming and having an external goal to hold me accountable helped to push through some of the harder decisions about what state or got donated I'll be honest with you though we do not look like minimalists are home does not have that scandi minimalist look. We still have stuff. We still have excess stuff. In fact, I'm often embarrassed if anyone sees her garage, but it's one hundred percent better than it was three years ago. So. Now, let's talk about how minimalism might help you make some money. How could minimalism help you create extra income? Sell items. I sold a few things but donated most I was already pretty time poor. So I decided on the more efficient way to purge items. But if you have some extra time, consider at least selling your bigger ticket items but also you might hold a garage sale or list your things on a local facebook garage sale page the excess items you no longer want could translate into hundreds of dollars if you want them to. Buy less. Put yourself on spending ban and save the money you might have spent. You might be surprised how much you spend each month on non subsidies? Yes. I'm talking takeaway coffee makeup homewares, etc. Check out the year of less by Kate Flanders for more inspiration. Do what we did. I highly recommend considering renting out your home for a period. It won't be for everyone, but you may not know until you try. But also if you aren't quite there yet you could consider using the extra time you have by not having as much to clean organize and maintain to earn a little extra money on the side. Perhaps you have a creative pursuit that you might be able to earn some money from free up your time, and this could become a profitable reality. I get that many people do this they rent their whole house or part of it without identifying as minimalist or a slow living advocate. But I'm giving this way of living full credit for being able to take this opportunity. I'm so thankful that I'm on this journey to simplify and slow down it's not always easy but there are always hidden gems along the way.
How to Not Have a Lost Decade
"Welcome money for the rest of this is a personal finance show on money how it works how to invest it and live without worrying about it. We host David Stein today's episode three, fourteen it's titled Don't have a lost decade. Recently, got an email from a new plus member. He says he's treating the material on the website like an online college course but he had a question he wrote that he's approaching a crossroad in his life and he would like to prepare himself for that crossroad. He works at one of the Best Public Gardens in us as a horticulturalist he's been there three years makes forty three thousand dollars per year has four weeks of vacation full healthcare and Hsa they have a four zero three. B. Defined contribution plan where he gets a six percent match his boss enjoy working with him and he enjoys his job. This member also has his own business, a lifestyle business providing premium horticulture services for high end properties. He started in two thousand nineteen gross four thousand dollars and anticipate grossing twelve thousand dollars this year he has no debt. The only thing he owns he says, that is worth. Any money is an old pickup truck that's worth about three thousand. Is roughly eighteen thousand, five hundred dollars in his defined contribution plan and using the online tools on money for the rest of US plus. That, he's on track to retire in his early sixties. y'All says about two thousand dollars in a savings account pays two percent and about fifteen hundred dollars in a wealth front Robo Advisor. Account. He's living on about eighteen to twenty thousand dollars a year. After contributing to is defined contribution plan and health savings account, he brings home about twenty, eight, thousand dollars but that doesn't include is overtime bonuses or the work in his business. After taxes and contribution he estimates that he's bringing home about thirty, five, thousand dollars with everything, which means potentially he could save fifteen to seventeen thousand dollars per year and certainly ten thousand dollars per year. He writes for the first time in my life I'm not living paycheck to paycheck am planning for the future. The business I own. Now as a hobby passion, I turned profitable. It has been a great space for me to learn and have done a lot of just that but it ultimately is a glorified landscaping business. What they really want to own is a retail nursery that one day will become an event, an education centre as well. I turned thirty two months. I thought at this point I would go beyond an entry level position. I thought I would own my own house and maybe own a business full-time. Those goals seem so far away. The question I want to pose to you is, how do I get from where I am today to owning a five to ten acre property that can use to develop into my next lifestyle business as soon as possible Had An additional investment question that address in a few minutes. I he's not in an entry level position. He is a master, her cultures he's studied it. He learned a lot of those skills working at an organic farm and Tasmania. Got, his university degree. He was admitted to a professional horticulture program at the Public Garden where he works, he is very, very skilled in all aspects of landscape design and gardening. and. There are a lot of people that would be very envious that he has his amazing job working in horticulture and one where he can listen to a lot of podcast which he does. In order to answer question I want to compare to couples I know I've known for about a decade. This particular members approaching thirty. He's looking out over the next decade. What has to happen so that he doesn't have a lost decade and can reach goals I'm positive he can reach his goals.
CDC directs halt to renter evictions to prevent virus spread
"Hi Mike Rossi a reporting the trump administration moves to stop evictions of writers dealing with corona virus hardships the centers for disease control and prevention acting to prevent the spread of covert nineteen has issued a directive halting evictions of certain renters through the end of the year to be covered through the executive order renters must meet four criteria couples must have income of one hundred ninety eight thousand dollars or less and the threshold for single filers is ninety nine thousand dollars renters must demonstrate they sought government assistance to make rental payments they must declare they are unable to pay rent because of Kobe in nineteen hardships and they must affirmatively declare they are likely to become homeless evicted disputes between renters and landlords would still be resolved by local courts Mike Rossio Washington
July Mailbag with Jason Moser
"The. Multiple answers I'm out Southwick and I'm joined, is always by broke camp. Personal Finance expert here at the Motley Fool. Hey, BRO, well! Hello Alison. It's the July mailbag where we answer your questions and this month it's with the help of multiple analyst Jason Moser. Should you buy a house now? What is modern portfolio theory and also here Jason's thoughts on a lot of stocks all that and more on this week's episode of Molly fully answers. Jason thanks coming back. you know I mean i. told you you invite me. I'M GONNA. Be here every single time. Thanks for having me back. I mean we appreciate it because we know you're a busy man, and so we do appreciate that you carve out time for us in our little show, don't. Always always make time for those important people in my life rule number one make time for allison and Bro I love. It sounds like a good one to me. Everybody wins. All right well, I guess we should just get into it, so the first question comes from Darren I've subscribed to the full for over a year and I'm really pleased with the service. I would like to know your thoughts about my holdings in Shop Affi- I've bought several times over the last three years, and it's now over thirty five percent of my portfolio and I. Don't know if I should continue holding or trimmed down. What would you advise a good problem to have I was gonna say that exact same thing? That's a good problem have? In a very glad, you have subscribed to our services in your really pleased. That's that's what we aim to to do. We aim to please help you make money and so yeah. This is one of those situations that we will find ourselves in from time to time as investors. A nice problem to have but something you do need to address at some point because it is going to be a little bit different for everybody. In so coming from the perspective of I, also own shop, a Fi stock in it's it's a wonderful investment. It certainly is taking up a bigger. Part of my portfolio a not at thirty five percent where you are. I think for me. It really does boil down to. That sleeping at night test in other words, you need to be able to go to sleep at night without worrying about this kind of stuff, and if you feel like shop, a Fi represents too much. Of your portfolio if you feel like you're overly allocated their, then, you may need to consider pulling it back a little, but now I mean it's. It's I think it's always important. Note you know. It's a big difference between building up a position buying a position to make this size to make this type of allocation in your portfolio. It's another thing entirely to have position grow into beat into becoming that size i. mean that that is that is in a little bit of a different dynamic there, so people all the different ways, some sometimes folks will, they will just sort of looking at it from the house money, concept or you. You just sell enough shares to recoup your initial investment, and then you let the rest of it go. Some people are perfectly fine with thirty five percent. Some people are not. They want a pair back so i. do think you need to kind of figure out what helps you sleep at night I do think that shop by a great business. I think the biggest risk in only shop, if I right now is valuation, just because it's dominating, it's space, but it's not making any money yet, and it's probably going to be a little while until they do so that valuation risk is there, but ultimately yeah I think determine. Where you feel most comfortable with it, and if you feel like you need to put a little bit of that money off the table, and he thirty five percents a lot, certainly very understandable. If they've said something you need to do if you do decide to pair it back a little bit. You've made multiple purchases, so you can identify the shares to sell to manage the tax consequence if this isn't a brokerage account and not an IRA. All right next question comes from Steven. If you are forced into unemployment, you are paying federal income taxes on unemployment payments are not contributing to social security nor to Medicare. How does this affect your future calculation of social security benefits and can one contribute to the social security fund during unemployment to mitigate any adverse effects on benefits, it is a little bit adding insult to injury, but you do owe federal income taxes on your unemployment benefits, and if your state charges has a state income tax, you probably have to pay state tax on that, although there are a handful of states that exempt unemployment benefits, so that's good news. And by the way you, you could have taxes withheld from your unemployment benefits you file. This form called form w four V. if you want, they withhold ten percent, or you can do quarterly estimated payments if you wanNA avoid that big tax bill at the end of the year, but if you're strapped for cash is probably just better to get the money now worried about your taxes later Eh. Stephen notes out. You do not pay payroll taxes. Those are the things that go into social security and Medicare so. So. It could result in a lower social security benefit, however, keep in mind that social security is based on your thirty five highest earning years, so if you enter the workforce at say twenty two and you work until you're mid to late sixties. That's more than forty years where the working so hopefully. If you miss out, if this year is not so good somewhere among those other forty, five or so years, you've had thirty five really good year so that this year won't be that big of a deal. So it probably will be okay. And then to address the last question. Unfortunately, no, you cannot make voluntary contributions to social security. There is at least one academic working paper out there. That suggested that people could buy into social security by like extra credits as opposed to contributing to your 401k, but so far that has not been passed by Congress I had an ex. Question comes from Sam. I heard to stocks discussed on another full podcast. When I read articles about them, it mentions they are thinly traded. I have two questions one I'm sure my position would still be quite small so I think I'd still be able to get in and out, but are there other things I should think about when it's a thinly traded stock and question number two. Is there a certain amount of? Daily volume you like to look for when considering a stock foreign investment. What volume do you want to see to not be? Quote thinly traded stock. Yes very good question in thinly traded stock just refers to the either the amount of shares or the dollar volume of shares that would trade on any given. Market Day and so. The. Thinly traded stock. The the problem is that you may not necessarily able to buy and or sell at the prices. You necessarily think you might be able to in other words when you look at a stock's price and you're looking through the. What what's going on throughout the day on the market, you'll see that did ask spread, which is essentially the bid. Ask spread is it's what someone's willing to pay for the stock versus what someone is asking to be paid for the stock? Because you know you have a buyer and a seller on on in every transaction they're. Normally most cases, these business business bread is very tiny, the couple of pennies maybe for most stocks because they're. They're heavily traded right there. There are plenty of dollar volume. But there are a lot of smaller companies small caps in particular in in you know a micro cap, specifically that don't necessarily meet these kinds of thresholds, and so you definitely have to be aware of that now I'll go back in time just a little bit, too. When we were running the service here at the fool called million dollar portfolios Roman Romani portfolio that we help manage members, and it was never really a problem, but we did have a condition in there. We were always looking for at least ten million dollars in average. Trading volume total daily volume now understand I'm not saying the number of shares saying the amount of money so basically shares times price, but we're always looking for at least ten million dollars. That wasn't set in stone it. It was an idea for us. It wasn't ever really a problem because we had a very diversified portfolio with a number of different types of companies, but when you're looking for smaller companies, you would've just keep that in mind that did ask. Spread is is something that just because it says the stock is twenty dollars. That doesn't necessarily mean you'll pay twenty dollars if there is a a big spread there between the bid, and the ask in so I think whenever you're considering stocks that have any lighter trading volume or thinly traded stock. Just be sure to use limit orders. Limit Orders of let us stipulate the price that you are willing to pay for or that you're willing to. To accept a if you're selling a limit, order is just a really good way to protect yourself from any unwanted surprise thinly traded stocks. You might not always necessarily get them when you want them, so you might have to lead that limited are in there for a little while, but but a limit order is a great way to protect you from any unwanted surprises. Next question comes from Randall. I'm in my late thirties now, but earlier in my life. I was very very bad with my money. Collection Calls Welfare and bankruptcy or not strangers to me. I've been at the bottom then I met the love of my life, and she convinced me to turn things around ten, and a half years later and I have done a complete one eighty, I took control of our finances rebuilt my credit and started investing and listening to all you find folks all. I opened it investing account with the goal of saving and building enough a down payment on a home. I'm happy to say we've now reached that goal. I recently sold at a profit because I didn't want that. Money tied up in the market. If we are close to needing it for a house, but now that we're here, I'm not sure what to do. We currently rent a basement apartment and our neighbors general living situation are less than ideal to put it mildly. So, we're champing at the bit to jump into the housing market that being said the experts have been calling for a drop in the housing market for a while, and that was before the pandemic hit now I'm worried that if we buy right away a year or two or three from now, interest rates will spike, and we could be put in a difficult situation. I live near Toronto. Canada or the housing market is already highly inflated in relation to the rest of the country should I be worried? While Randall first of all congrats on turning your financial life around love hearing success stories like that so good job on that. So I'll start with my standard answer with the rent versus buy decision, and that is just pull up spreadsheet and compare the all in cost of renting, including what you could earn on the money that use for down payment versus the all in cost of buying including the opportunity cost of putting down payment as opposed to having invested as well as insurance and taxes and maintenance, and all that stuff and project, where you might be in five to ten years based on various scenarios on what happens to stocks, if you. Rent an invest the down payment versus what happens to? What you'd look like depending on where home prices go. Generally speaking. If mortgage rates go up, that could way down on real estate prices we did see mortgage rates. Go Up for a bit a few years ago, but the housing market did find, but you could certainly envision a scenario where rates went much much higher, making houses, much less affordable and prices would have to adjust. But I don't expect that to happen anytime soon. I think we're. GonNa have low rates for awhile, but beyond that I don't know I've given up trying to predict where interest rates are going or even paying attention to people who try to predict where interest rates are going, so who knows? That said since you live in Canada. I thought I'd check. In where rates are these days and I and I got a brief reminder that things are actually different in Canada so I did a little bit of research. And then realize I had reach out to someone who knows, I reached out to Canadian Motley fool analysts Jim Gillies, and he had some thoughts so first of all just for you non-canadians out there. It is really different so in America. We get this thirty year mortgage than we have the same payment for thirty years. It's fixed. They don't have that in Canada. What's the most common is a twenty five year? But only the first few years or fixed. And then adjusts so in that context you can understand why Randall is worried about interest rates going up because over the next depending on which alone he gets the most popular is a five year fixed, and then you basically have to go get a new loan probably. So that put that in context, a little more, but also Toronto, really is crazy expensive. Vs from the end of last year that put it as the most overvalued real estate market in the world behind Munich. As Jim pointed out in our call here in the US we had our housing peak in two, thousand, six, two, thousand seven, and then we had what he called a reset, which is basically prices came down significantly candidate and have that slight downturn at home prices, but then they just kept on going up, so it really is different there, so when Jim explain all this to me, the difference in mortgages and the difference in home prices. Frankly he was inclined to say to this guy. You Might WanNa rent for while more and see what happens, but he also had the good advice of okay. What if you buy in prices? Come Down Fifteen percent twenty percent. What if they come down to a point where he upside down? You owe more than the home is worth. Are you okay with that? If. You're okay with that. Maybe it's okay to do that. But it certainly sounds like dicey situation than if someone were telling me like I'm thinking of do this in Dubuque Iowa or something like that. couple of other differences. In case you're curious about Canada in the US. Your mortgage is portable in Canada south. You Buy A. Get the five year mortgage, but then move get to take the mortgage with you for the next house and interest is not tax deductible. US Look at you, Robert, broke? Camp Can Canadian real estate experts there you go. Next! Question comes from Chris. I was on twitter the other day and saw that one of your contributors Brian Feroldi tweeted that he doesn't believe in a long list of technical trading terms and then modern portfolio theory. Can you help me understand what not believing an MP? T with mean this? He believed that diversification doesn't reduce risk. Also every financial adviser I've ever talked to his preached empty, so I would love to hear the counterargument. Jason you're not Brian for all the. Question I am not Brian for all the do get the talk of Brian Pretty good bit though. I I must admit I. Don't know what he said here in regard to modern portfolio theory and all of these technical trading arms. But I think I can take a guess. Generally speaking I agree with them, and I think you could sit there and look up the portfolio theory in you know read about it as much as you want. Just go to google modern portfolio theory, and you can dig right in there, but in a nutshell ultimately, what modern portfolio theory is the intention behind it? It's meant to reduce risk while maximizing returns. It assumes that investors don't like risk. They prefer less risky portfolios to riskier ones in order to achieve a certain level of return so right there. I kind of kind of lost me right there because I don't believe that every ever investors risk averse I think some investors have a very. Healthy, appetite for risk, and frankly I would say I got a pretty high tolerance for risk when it comes to investing, made it just because of what I do for a living but I. You know to me I like having that trade off least unhappy. Happy to take some risks there. If I feel like that upside, it's going to be potentially worth. So with modern portfolio theory, it introduces a lot of fancy math in the form of variances and correlations in order to come up with this. Quantifiable, investing strategy that ultimately helps reduce risk while allowing the investor to achieve. Certain returns in. Maybe it works for some not I'm not dismissing it personally I. Don't use it, I don't personally subscribe to it I. Don't need it. I think honestly for us. In a really believe it's extends to to most people in our full universe is that is individual investors I think a more meaningful way to reduce risk. is to just extend your timeline like invest longer. So like Tom Gardner said a number of years back when we were. Working on Motley, fool one basically take your take the time line that you think you want to own any individual stocks you buy shares of starbucks and I plan on owning it for you know five years. Okay, we'll just double it. Cloning it for ten in all of a sudden right there. You've given yourself more time. Time is one of the big advantages we have is individual investors. Money managers don't have that advantage, Wall Street done generally handed abandoned, either, but if you can be patient and just invest in good businesses. That risk really starts to come down over time. There are plenty of studies out there. That show that risk comes down the longer you hold onto those stocks, which into me, just renders modern portfolio, theory, more or less not useful mean on things, not useful for everybody, but it's not useful for me and based on Chris. Question It sounds like a agree with what Brian was saying there. We think I'll add to. That is I agree that risk is really not that much of a consideration if you are saving for retirement. But once you are in retirement man, and just say like you know what the market's not I'm going to extend my time highs in ten years. Because you need to spend money in that situation, I think diversification is important. It's important to have assets that don't always move the same direction at the same time. For some fools. That's just as simple as keeping any money need the next five years in cash, so you're right out any ups and downs, and that can be fine. But I. do think it makes sense to have. A mix of investment so that right now, technology stocks are doing very well, and we hope that continues to do well, but we remember was that happened in two thousand from two thousand to two, and there were down for quite a while anyone who retired in one, thousand, nine, hundred nine, or so it was very happy to have some small caps value maybe a. A little international, some reits to ride out the storm Yeah I think we talk about that often like recognizing where you are as an investor in life, are you in the grow your wealth stage, or are you in the protector stage, because they are two very different strategies, and we're all hopefully going to be in both of them at one point or another right? I personally and still on the grow your wealth stage I. Think we all probably are, but you will at some point get to where you need to focus on protecting the wealth that you've made so that you can then have that money to spend, and that definitely will dictate your investment strategy things that you're invested in and whatnot. Generally speaking I do like the idea for people who are just risk averse and have this notion that investing is just too risky. I mean the fact of the matter is not investing as far away greater risk like not investing. You will never grow your money if you don't the best, so if if if risk is a problem, I think generally speaking. Along the lines of diversification idea that that bros. talking about him, he just invest in invest in SNP index fund is something that just follows the progress and p. you know you're going to be participating in and if you look at that over the over the stretch of time, their five ten twenty thirty years, I mean that trend does go one way. It, but clearly the older you get, the more you need to start focusing on protecting your wealth, and that will change the way you view things. Right next question comes from Alex from Alexandria if I buy Muny bonds from another state in my IRA. Is it still taxable and Alexander with who we have a bond on and we do have a bunch. I know Alex up super excited about having a bunch on in Alexandria to I can't believe I haven't been there. It's like two miles from my house, but we still haven't been oh i. know because there's a global pandemic going on and we. saw. Alyx if we buy me bonds from another state in my IRA is still taxable. Bro, help him out or her or so Muny Barnes. People Invest Immunity bonds because they're free of federal taxes and in many cases. If you're buying bonds issued by the place you live, they might be free of state and local taxes, so that can be doubly triply tax free. That's why people buy 'em. There are some times, however that if you own immune, abound outside of an IRA. Pay Taxes and this surprises some people. There's something called the minimum tax. If you buy immunity bond at a discount, and then it matures at par. If you buy a distress, Muny bond for like you put an eight thousand dollars, and you sell it later for ten thousand dollars as a capital gain. You'll be taxed on that. So, there are some times when you would pay taxes on media. Now, Alex is asking what if it's an IRA? Do I have to worry about paying tax interest. If it comes from another state and the answer is no, you won't have to worry about that. The only thing I would say is. Generally speaking immune bond already has built in tax advantages, so you wouldn't keep it in an IRA, unless there's the example of the stuff I was saying previously like for. It's one of those exceptions when him UNIBOND would result in taxes than you might WanNa keep it an IRA, but generally speaking. If you're going to buy Muny Bond, keep it out of an IRA. Next question comes from Boone. I just did my first. Roth conversion and looked at that old account for the first time in. There was the expected dividend producing fund I remembered, but there was a stock chesapeake energy that I had completely forgotten about since I purchased the stock in two thousand, six fifteen. It's down way down like eight point five percent off the purchase price. What should I do with it now? It's in a tax deferred accounts so I. Don't think the loss is realized until I. Start to pull money out of the account and that might not. Not Be for fifteen years current value of all my shares will be about one percent of the value of the account after the conversion. Do I sell in the very little value? I had left and depend on E. Trade to keep up with lost for me or should I hold on based on the slim chance. The stock will be worth more in the next ten years. Oil Stocks do act unusually on occasion, only oil stocks. Stock everything else makes that usually. Chesapeake has been really. Interesting Story to follow and frankly. I don't I. Don't know that I would look at it today. As a business that I'd WANNA own so typically if I. You know I think it was yet idea. Didn't sound like a position are actively building united investment didn't work out. I mean that that happens to all of us. We don't get them all right. We have a philosophy here at the full. A lot of do we like to? Water flowers and pull the weeds, and that's just a nice way of saying. Add to our winners in to get rid of losers in. This I think is more than likely slated to continue being a loser I mean. Chesapeake has lost a lot of value. In it does sound like based on when you purchased this, these is absolutely busted I mean. There there are all sorts of reasons to sell one of them is if you thesis busted and the reason why you invest in the company is is no longer the case, and I would he probably is the case with Chesapeake so to me like you know, you could sit there and let it go, but but what's the goal trying to get back to even, or are you trying to get back a couple of bucks for me a lot of times? I'll I'll take a little opportunity here and there to just go ahead and pull those weeds sell it. Be Done with it. In even though it's just unique out a little bit value there, you can still take that money and do something more productive with it. So. Yeah T to me. I can't tell you to buy or sell obviously, but I can certainly understand. Selling in this case, but I you know. As as oil and natural gas energy can can turn around. This is going to be one that has a lot of headwinds in in. You might be waiting a very long time to to get any of this money back. I point out here that I it seems that maybe boone has a slight misunderstanding of how taxes in aries work because he talked about realizing the loss when he takes the money out and trade keeping track of the loss for him, it sounds to me that he thinks that he can write the loss off whence he takes the money out. That may not be the case, but just to be clear. One of the great benefits of an IRA is you don't pay taxes on the gains, interest and dividends from year to year. But. One of the drawbacks is. You can't take a capital loss on that as well so there's really no no way to benefit on your tax return from this loss. Next question comes from Benjamin. You recommend seeing a fee. Only financial adviser for check in every so often I know there is the Garrett planning network and others to help find an advisor. But what questions do you ask? And what answers do you listen for when trying to find one that is worth his or her one hundred fifty to two hundred fifty per hour. So I would say start first with asking yourself some questions. What are you looking for? You could go for the whole launch. Lada where someone is managing your money analyzing retirement plan helping new save and a five twenty nine. Maybe even doing your taxes with some financial planners do help with the state planning, or are you looking for something more targeted? You just want advice about am I saving enough for retirement, or are you close to retirement? You're like I just WanNa make sure that I'm doing right when terms like choosing my Medicare plan and claiming social security at the right time, so first of all just be very clear of what you're looking for. Then if it involves investments in any way, you WanNa, make sure that you find someone who is at least in the general same area philosophically and I say this, because many financial planners are hardcore index. And if you come to them as a motley fool, listener member with a lot of individual stocks. They may say okay. I'll give you some general asset allocation guidance, or they'll say I don't care if you like to pick. Stocks are not my advises, sell the stocks and go to index funds, so you want to make sure that if you're gonNA, ask for any sort of investment. Advice that you wanna find someone who's someone somewhat at least aligned for what you're looking for. Once, you've got that then. Just asked some of the typical stuff. You might expect so credentials certified financial planner. Are they a CPA either their personal financial specialist. How long they've been in the business. There are lots of people who. have not been in the business very long. Even though they're not young people, a lot of people choose financial planning as a second career, which I think is great, but just because someone may be look like they're in their forties or fifties. Sixties doesn't mean they've been in the business that long, and you WANNA. See if they've worked with someone like you right so if you have. Maybe. You have a large amount of wealth large income huge portfolio. You WanNa make sure that they have experienced with dealing with those issues, but on the flip side to if if you have, are you know middle income, decent size portfolio, but nothing too complicated. You don't WanNa. Go to someone who's used to dealing with someone who's wealthier partially because those people charge a lot more. You want to find someone who's kind of a little more lined up with what you're doing. Then make appointments with three folks. All of them will do get do free. Get acquainted means, and you're just looking for someone who you feel comfortable with. Since, you mentioned Garrett Big Fan of the Gary Planning Network and other is is not for the National Association of Personal Financial Advisers. But Garrett on their website has a how to choose an adviser section. Just Google attitude visor Garrett Planet Network has a great chapter from a dummies book that they wrote about how to choose adviser, and they have a good questionnaire that you can print out in US asking lots of good questions of financial planner. It's tough. Choosing a financial planner like my mom just went through that Bro! Is You know and she didn't really have a lot of options in Boise Idaho. Maybe two and one of them, she I never called her back, and never got back her, and the other one was just so busy just so busy, and just she just never. It's it can be rough. Finding a financial planner can be I. Think what we'll see is one of the consequences of this. Of the coronavirus pandemic. Just, like we are all used to working from home, many financial advisors and financial planners an now working from home. So in what they're doing is they're becoming licensed in more states. So, if you are more comfortable, working with someone over zoom remotely I think you don't have to stick with someone in your area. You can go beyond your locations, but you know some people don't feel comfortable that if if they're going to have someone managing their life savings, they want to be able to meet them in person. That's just a personal choice. All right next question comes from twitter. Is that right from sully what I hear? Okay? I just listened to the episode mentioning Your Weakness Two. Shopping carts and Tj, Maxx that me or you Jason. Accused me. Thoughts on the stock. If I had a war on Amazon, basket would be Costco TJ maxx Home Depot tractor supply. What would be your basket against online retail? That's funny. Well okay, listen I wouldn't have basket against online retail, because online retails where it's at. The whole idea. The whole idea behind the basket approaches to find a long term trend that you feel like the world is headed toward and so the war on cash basket, for example that was always one about people using cash war, traffic payments now with that said I get the spirit of the question some going to answer it because I do like some of these ideas. And I I would definitely include Costco in their in Home Depot's well. Home Depot gets a lot of my money. Doesn't, but they have a very loyal fan base of customers that just are happy to renew year in year out. So I love those membership models there, so costco and a Home Depot for sure you know I'm going to give a little shout at my wife Robin I. Know that she would approve of my adding target to the mixer. She hasn't been raving about targets APP and ordering on the APP the able to go to the store. Just pick it up right there I've talked with Ron Gross on more than one occasion about target and how this really has. Become a twenty first century resale right they're doing. They're doing everything online and in physical stores. What they call Alma Channel and then my fourth and I'm GONNA. Take this. You probably aren't expecting this when Alison. I'm GonNa Shock and all you. I'm ready. I'm ready Alta. We're going. Make up my I know my daughter's love. It ugly ugly Mug like this. What do I know about makeup? Tell you what. Get! A House with two daughters and a wife. That's what I know about make. There's a lot of it in an Ulta is a really really good business. They actually have a very nice diversified revenue stream. They've got the salon a`dynamic of the business which encourages people to go there they do have an online business. They have an augmented reality function there at where you can actually like. Try things on makeup to see how it looks. Mary Dillon just a phenomenal other adults of that's my fourth, their Ulta but they I appreciate the spirit of the question I like the idea I'm not saying this is the basket. I'm not tracking this basket in a not a not backing this basket, but in the spirit of the question if I had to develop. A basket, such as this one I think it'd go with those four. Yeah, I mean I guess you just have to think about what retail out there is something that you would still physically go to. Because the actual retail experience is being in the space is the experience and what you're there for? And I know I mean before Corona virus we I would go to target and just just couldn't believe how much money I had spent from walking through a few of the aisles. TJ Max is just a phenomenal business I mean what they've done through the years. Is really capitalized on the nature of the business, the advantage they have in that treasure hunt kind of nature like you go to TJ Max, maybe not necessarily looking for something, and then you end up finding a lot of things, and it can be a little bit lumping at times, but but generally speaking like management's a very good job of running that business, and they know how to exploit the advantage of experience. I think they're online game. Though I think they could probably get something going with online, and they just have not have not yet and so I. Haven't since Corona Virus for example. I haven't spent a single dollar there, but I continue to still shop at. Home Depot I. Think Yeah! We still shopping at home depot because we're doing. You know you gotta buy lumber somewhere. And I know my grandparents out in my my inlaws out in rural Virginia. They love tractor supply store, but that's not. That's not in where we live, but. Still New deck at the house there allison. I mean you, can you see? A big exposed beam behind me and some drywall work that needs to happen. Have lots of drywall work that needs to happen now though. Yeah Anyway get to that. All right next question comes from Matthew. I got married to my amazing wife nine days ago in a small Kobe nineteen wedding in our front yard after we postponed it from its original date in April all. It was definitely different, but still very special. My question is in relation to this wonderful event. My salary has been at a level that has allowed me to fund a roth. Ira I love the optionality of it, but after marrying my bad ass, wife are combined. Salaries are now over the limit that would allow me to fund the Roth. IRA does this affect occur immediately? Do I need to now open up a traditional. IRA and begin funding it or do I have until the end of the year. Matthew wants a Roth Bachelor party one last. Well Matthew I have bad news. When it comes to most things in taxes, your status and your age and things like that depends on where you are on the last day of the year, said if you're married on the last day of the year, you were considered married for the whole year. So that means if you contributed started contributing to a Roth IRA for twenty twenty. You need to call up your brokerage. Firm and re characterize that as a traditional. Now don't have any other traditional IRA, as it's very easy to do the back door, Ross which we've talked about before you can just google it or even when you call the brokerage, just say I want to do the backdoor. Roth and they'll tell you what to do. If, you have other traditional IRA as you can still do. It just becomes more complicated and you'll probably pay more taxes. So you, but you may not be totally out of luck and I should say that's only if you have a traditional IRA doesn't matter if your wife has traditional areas. One exception by the way of of what I just said. In terms of tax status and last day of the year is distributions from retirement accounts before it's age fifty nine and a half, you actually have to be age fifty nine and a half to avoid that ten percent early distribution penalty, unless some of the many exceptions that are out there exist. Right next question comes from Warren Warren Buffett. Maybe I don't know that's why I was thinking. He's asking about coq, so maybe maybe. Once James Opinion on coke. By? Or hold? Wants to now. I'd give buffet night give. Kiesel Warren of the same advice and I would say. For some I'm not buying it. Not Buying it I'm not holding it if I own it. I guess that means sell it. Even Atlanta Georgia person like you i. feel like it's almost sacrilege. I am pretty close to probably not being ever even invited back. But the facts are the facts. Okay, I mean you do have to look at the stock itself has been ain't bad stockton for the last five years. I mean I do understand why when you look at it what they do, I mean they have. Four hundred master brands, and less than fifty percent of them are the big global brands that are actually responsible for almost all of their revenue when I say almost only ninety eight percent, so it's a business. It's very reliant on on. You know a small portfolio of really successful grants. The problem is now. We've always talked about cocoa beans such a great distribution story and that's true. They've got a distribution network. It's just phenomenal, but the problem is now. They're what they're distributing is is being seen as not so good for you in so you're seeing them. Have it into to essentially pivot away from what you know brought them all of the success for all these years. Years in soda and that that's not going to change I. Mean you're always GonNa have people to drink soda? People are not to drinking as much soda going forward in the numbers of just kind of the kind of shown that through that through the quarters in the years of Coca, Cola and Pepsi Pepsi. Has the salty snacks division, which I've always been very. Impressed by I, mean I love a good Cheeto, and so I mean anytime you can throw a bag of those cheetos in my Patriot Amok GonNa, turn it their coq. Interrupting, but I think this is also very important point. You tried the Jalapeno White Cheddar crunchy cheetos. The White Shit or so. I've tried to Jalapeno ones but I've not seen the white Cheddar White Cheddar Jalapeno crunchy cheetos. Don't get the puffy. The poofy ones are not as good, but the crunchy white Cheddar Jalapeno Cheetahs. them by them. They're amazing. I have to back. Pain you. I'll get those next time. I promise I, mean Eh. One. crunchy wants the puffy ones, so that people won't you're not? You're not seeing poopie. Who using poofy Joe Copy? We'll be Coca doesn't have that dynamic of their business. They don't have that dynamic to their business, and they've suffered from that Pepsi's Pepsi's outperform coca-cola over the last several years. It's not safe. Pepsi or coke get it back. I'm sure they probably can. But what I am saying is I think there are a lot of better ideas out there, and so I wouldn't be putting new money into Coca Cola and frankly if I did own it. I probably would look at selling it and you know if you've got a beverage company, maybe own starbucks. It seems like the science coming out in support of coffee, right? It's coming and telling you that these sodas. They're gonNA. Make you fat. Coffee, it could extend your life. It could help you live longer. SMART Mexican looking this a starbucks as well is. That sounds like study from the copy roasters of America. Do! Something that Chris Hill sent me the other day. that. We sleep at night. I'm glad I've been drinking coffee as long as I have God knows what I would look like otherwise. You're a good looking man. Rick. good-looking next question comes from. A. I'm trying to save money for my kid's College. Fund while the five nine is a great option. I'm limited to investing in mutual funds, which means at best I'm going to get what the market gets assuming I do some sort of low cost index fund and I be a capital F. Fool investor have been doing much better than the market in the last three years of being a member of. Of Stock Advisor Enroll breakers, even during this pandemic mess by listening to every full podcast and following David and Tom's and yours and every one else's in the full universe. My portfolio of about one hundred stocks is up here today. Thirty percent to the market's down five percent as of day as of today weighed down by three sluggish five to nine plants that are also down five percent each. I feel like throwing away money by using the five to nine, and not being allowed to select my own great companies in which to invest. What's more, my understanding is that the five to nine does not count as an asset for the kid when applying for student aid, but the coverdale does. So I come to you with a simple question. Can I have my cake and eat it, too? What if I wanted to use the coverdell to buy individual stocks? Until the child is nearing college? At which point I then converted to a five to nine. This allows me to get better returns and avoid it being an asset for financial aid and get the favorable tax benefit. So, chose this question, because first of all Dune does a good job explaining the benefits of the coverdell over the five twenty nine, you can buy individual stocks. You can buy and sell them all day long. We recommend that, but you can. Whereas with the five twenty nine, you can only make two changes to the investments a year, and it's all mutual funds. So. That's you did a good job of explaining that. I will point out with the coverdell. It's gotta low contribution limit of only two thousand dollars a year, so for some people save more for college, but they can max out to cover it out, but then put the rest in a five twenty nine. One thing that doomed does not have quite right. Is The financial aid treatment the financial aid treatment? Coverdale's and five twenty nine is identical. They're treated as assets of the parent, not the kid that is favourable from a financial aid perspective. It's not negligible doesn't mean it doesn't have any effect on financial aid, but it's better than an asset that is owned. By the kid. He can. Transfer money from the Coverdell to the five twenty nine. If for some reason, he decides to do that, but you can't transfer it. The other way around so were convinced to try out the covered. You have money in a five twenty nine. You can't move it from the five twenty nine. To the coverdale. What other interesting thing that he pointed out is that he is doing very well with his investments, and he owns about one hundred stocks. We get this question a lot. Either on the show, or on the full live that we run every day for members of full services, and that is how many stocks should I own, and if I owned too many are not just owning index fund watering down my returns, but here's an example if someone owns a one hundred stocks is still crushing the market. Idol last question comes from Cameron thoughts on the valuation of Stone Co in light of the corona virus for a fragile country like Brazil. This could be the tipping point after so many other headwinds. But how does that affect stone? coz Business Jason I. Don't even know what Stone Co is. What is still business? Yes, don't Coz a payments company that's focused on Latin American markets in Brazil and particular in so I guess it could be. Draw you can draw a parallel to to a with square through pay pal at, but generally speaking I mean it's payments. Company focused on Latin America. Primarily Brazil. Is the big money making market kind of like Marco Libra, they're. In I, I, it's a it's. A NEAT opportunity, gained a lot of headline recently, when and it was, it was seen that Berkshire hathaway. Warren Buffett's company Berkshire hathaway taken a five percent position in the company, which is pretty considerable i. Think in the near term. You have to acknowledge the fact that. They're gonNA, be some real headwinds in in Brazil particularly because of the pandemic I mean. The flip side of that is role in same boat kind of in that regard. The entire world is dealing with it, so it's not specifically you know it's. It's not particular to one economy or one country some. To get hit harder than others I, do feel like Brazil. Be at a place where they can recover from this given You know some of the other businesses in the area. I mean that that that I think is. Who knows ultimately how? That's GONNA shake, but generally speaking. I think the move away from cash towards cashless. Transactions in and financial software that's not stopping if anything, this hastens that which which is what I think, Cameron's talking about there and for a company like stone. Co, neither are other companies in the space pags bureau in roquetas libra to but you know moving money around is a big big market opportunity, and there's nothing that says they won't be able to expand well beyond the Latin American markets, too, so I I'd say cautiously optimistic I mean I
World Premier Episode - burst 01
"Hello America. And welcome to the midnight. Patriots involves Spartan and I am flanked by Phoenix, Drip Dick, and mark. We are the midnight patriots and you may be asking yourselves why in the hell are we doing this? Well, got to be honest with you. Everybody has insomnia sucks almost as bad as tyranny that and we have day jobs. So we're GONNA talk in the series about the Constitution the bill of rights politics national current events. WE'RE GONNA call out here anyway guardless of the perceive political flavor using these standards of information logic and a passion for liberty. So that being said, I wanted to read something here real quick on our maiden voyage as sort of a sort of a way to set the standard. This this passage I'm about to read was actually written by. Thomas Paine one of our founders and framers, and regardless of how you see this man and the values that he possessed in that day that this was written this was written about seven months after the excuse me five months after the declaration of independence. So this is a this is a passage from December twenty, third, seventeen, seventy, six many of you have heard the the the line of this but I'm to go a little bit deeper into it, and hopefully this'll give the show some sort of context and and we hope we can earn your support as as time goes on. So this is from December twenty, third seventeen, seventy, six when the When the Revolutionary War was still going on and it says says as follows. These are the Times that try men's souls. Summer soldier in the Sun signed gatriways will in this crisis shrink from the service of their country. But he that stands by it now deserves the love and the thanks of man and woman. Tyranny, like hell, there's not easily conquered. Yet, we have this consolation with us at the heart of the conflict, the more glorious triumphs. What we obtained too cheap. We assume too lightly. It is dearness only that gives every thing. It's value. Heaven knows how to put a proper price on its goods. And it would be strange indeed if so celestial and article as freedom. Should not be highly rated. So those are the kind of the words that I could keep in mind as we go through this in every man here every person associated with this show would definitely be on the flag to make sure that the stretch stay read. So we're GONNA open up tonight and we're going to kind of open up the insanity that we've been seeing around our country regarding corona virus covid nineteen. Now everybody fever mind that none of us are medical professionals and our virologist by any stretch of the imagination where relating experiences and questions nothing that we say should be taken as any sort of diagnostic approach or any sort of Expert opinion. That said yours truly your host here Paul Spartan well, actually come at this from a perspective of being Osha certified in matters of respirators and and breathing protection. the rest of US come at this from from our own particular viewpoints and speculations. So let's just get started off So boys, we got we have. Governors California and Texas walking. Act Actual reopenings and we've got quote unquote more and indecisive confirmations, Cova, spreading but for but amazingly somehow in New York, they're reporting any new deaths or anybody WANNA start with an opinion on that. Honestly. You know I mean there's been some conversation prior to. Between myself and the other members. That's. Something is pulling the strings somewhere. Other than CDC, a hospital staff, surgeon, general things of that nature. Quite honestly, you know whatever it was whatever stream you Asian that recently came out that. Took a Italy Area. Jersey Pennsylvania. Great. Has stated sure. But why is it only California Texas? That more back that we know of your again to the states in the continental United States. Voting populace in those states. So my question now. WHO formed strings? Think. That's the overarching point here is that you know in in my experience not to get too nerdy and go too far down the rabbit hole but the same government that's telling us you know to be afraid and take particular actions like wearing cloth masks. Are the same ones that are telling us that the cloth masks don't work. I can tell you from from Osha Training and ocean certification that airborne pathogens particularly viruses. Are listed in the sub micron rage. Now that sounds that sounds really really you know interesting or maybe even boring but something that has to be realized is that when something is a sub micron particle. It passes right through the we've of a mask. Require its own moisture source. Now. Obviously state standard state standards vary but in the train I've received anything in the sub micron range requires a A. A SELF CONTAINED OXYGEN SOURCE With the use of a mask in that in that particular bio suit I mean if you WanNa, take a look and you think you're safe by wearing a cloth mask look at whatever rally just wears in a lab. When he's working with this type of contagion, it isn't a cloth masks. He wears a moon suit with a separate oxygen supply I mean there seems to be my perception is that the same people that are that are trying to Promote the panic are the ones trying to peddle a secure and make trillions and any thoughts on John? I think they're actually. No I. Think There's definitely you know financial motivation behind. This whether it's big whether it's by hospitals by a parent companies own hospitals. I mean. There's definitely something I think that financially pushes everything I mean between them getting you know a nice. paycheck at for each person, they list with Kobe or each person that unfortunately passes. listed. With Kovin. You, know they get a Giant financial. Yes if you will. Of money which I think pushes ally of these. Claims of more cases rising I mean like we. Previously is if you talk about the fact that of you know there's people around that work in the profession that there are things have been going around that they've sent. You know unused test the places. And they've come back positive when they haven't been used. But who who? Who who is the guy over in Africa, that tested a tested a fruit and a goat. And they both came back. Positive. Does anybody remember that news But you already your point but more to your point I believe the last figure I heard to. Last year I heard from the federal government was somewhere in the area of fifty to eighty five thousand dollars total for the treatment, and if the the particular person passes, the patient passes they get more. Does anybody have any information to dispute that because I think that was the last count that I heard. Be last information that I have. At, least. It's nineteen thousand dollars for a diagnosed case. Thirty eight thousand dollars if they are required hospital say and it goes up exponentially require respirator ICU care. They stay longer than hot. You're in you're out you're gone. So that being said. We all know that it'll supposedly. This bill. Gates himself and his research company. Or the ones that. Found viruses no did all the. Problems. I'm looking for here research. But. My question is if they did all the research, why did they come up with as well or have they? That's a question I posed to you folks. Well, I know they re you know they actually waiting to get ten thousand dollars plus from insurance companies and the federal government per dose mean. There's an argument to be made there. I mean, the guy is not a doctor nor is he of Arale just he just wants to make a make a killing on the here. Now that by the way is not an argument for any sort of socialized medicine. It's an absolute. It's an absolute disgusting power-hungry move at the cost of well forget about just American lives. What about globally, what have what is a million people in the ground now lifted discovered related At least one point three. If I remember correctly I could be wrong. Well, I got the second portion. Really a big to ask now is Bill Gates can't keep a bug out of his own computers what you're GONNA do with the world. Exactly number one key couldn't build a computer didn't crash three times a day for no reason. So why would we trust him with with people's lives? You know I mean he would. There was a there was a tit for tat went back and forth on social media several several years ago when he was still a once he was the kingpin of Microsoft. And he had mentioned something like You know if the auto industry had made many advances in the computer industry over the last twenty years, we'd all be driving cars that got a thousand miles to the gallon and went from zero to one hundred and two seconds to which I believe. It was the CEO at the time of Ford replied. Well. Yeah. But then the cars would crash twice a day for no reason. So. I mean you. Good Cryptic. I was GonNa say, well, then you you look at Osso. When you're talking about these numbers, go into hospitals. How many hospitals or possibly owned by the same parent company that owns the farms that the big farms that are gonna sit there and. Produce this vaccine all the sudden. Or? Not to say that they don't already have it and are just. Still waiting. I mean I know there's always testing and they have to get FDA approval and God knows what else but I mean, what's to say? that. They're not. You know getting twice the paychecks. On. Both things. Oh. Yeah. There's there's no doubt they're doubling down does absolutely no doubt doubling down your that said the other the other things that I've noticed here I don't know if everybody's been keeping up like I have. There's a Lotta unconstitutional shift happening. Okay. And I mean. Just heard I. Heard I. Heard Mark Heard Mark Giggling that that's fine because. The little that they'll get into that in a little bit but also just I wanna take a moment mark You serve this country with honor and distinction for several years in that in the military and I got to thank you for that Phoenix. You did as well and I got to say thank you for that. You protected my right to become a fat video playing hotdog eating copy guzzling douchebag that you see before you now and some of US servicemen appreciate that and Thank you. Appreciate. Bill. Hey they already did. They're called the IRS and believe me they're up my don't shit. I don't know where they I don't know where I ended maybe. It's not. So we've got measured we've got measures being proposed in in in multiple stages. Here is all the way from you know putting additional taxes on firearms to ammunition and then requiring a federal license. To purchase either. we've got the state of California. Who is you know? Well, let's just be honest they're doing what California does. It essentially eliminated their own their own Anti discrimination laws I don't know how that happened Where the hell does anybody see an end game here other than complete and total? Marxist. Shithole. That's where these lefties and I'm not GONNA say Liberals. Anymore. He's people are leftist-marxist pigs and by the way if any of you listening fuck off, don't ever come back. None of us here at. Fourth Yeah. This year at the Midnight Patriots give a flying fuck what you We don't have time to answer your e mails and believe me you're better off just turning off because if you heard that your heads probably. And I don't WanNa hear about it. Okay. You be somewhere else. All right. Man Okay. So we've got all this massive gun control legislation which I'm assuming. That this is going to veto once it hits his desk, roll it into something else and he doesn't see it. I mean. Does anybody else you positive outcome here other than I'll just say it an open civil war. Mean I feel like I feel like patience like like those are the Sierra on the on the on the conference. Are being, backed into a corner. Yeah we're basically damned if we do. We're damned if we don't any anybody want to comment on that. No Matt Aspect. Mark Yeah. Well, the thing is like you hope it doesn't cover some this ridiculous. Of course. By, by thing is I would I guess probably is right now I don't know. Civil. War who against who? In other words, how would how would you distinguish I'll be okay Tepa. Got It the OH black lives matter. Got It. But. How do you distinguish? You gotta be. That's a great question. That's the real. That's a real problem is that we're facing a A faceless boogeyman to keep us all in our homes and isolated from one another. We've got blatant constitutional no violations from New York California including the first second third amendments. Fourth amendment. I mean and they're just they're not apologetic about it. They're just in your face to. Has. Closed Down Churches and locked Rock Jewish people out of their own parts. What's his name from says. Yeah. Is violating blatantly violating the first. Amendment people they can't sing in. Church. Are you kidding me. I mean, I'm not a religious separation of church and state. Well and second of all I mean, how does anybody look at that and not go holy shit let the lawsuits commence. Honestly So, now here's the thing I. WanNa Make It. I WanNa make it very clear for the audience and even those in the group I am not advocating for an open civil war where we start shooting. Okay. I would also like to say here only for myself but I believe that that I do not believe in the Black Lives Organization the Black Lives Matter Organization. I believe in the message black lives matter just as much as every other life and we should all be equal before the law we should be overseas equal treatment especially before the law. But. I'm not going to back a group that is Marxist and comes out and basically says it if you don't give us what we want, we're GONNA burn the system that the ground. I mean all here. Again, I mean if you have said organization that is in fact, baking a threat whether they considered idol. They considered valid. It is still a threat to. The life. Well, exactly how how do we not take that? How do we not take that based on the the instances of the last month? Says we says, we all watched the the horrific murder of a of a citizen by by discussing human being police officer. How do we? How do we not take that as anything other than a threat of actual violence based on recent history? Therein. Lies The question that I would poses that to go along with remarks you know who who exactly is going to do is A. Government. It's a radical leaders. Of States counties, cities, whatever. Or is it going to be people for people? We have. What did you just leave knowing? When you just gotTa love the irony that the Minnesota governor had the balls to ask the white. House for for bailout money after they let their city burn. I, mean, I understand there are citizens that were affected by that. But you know my argument would be well I'll tell you what once you spend the money that you say from you know. From dissolving your police. Believe. Yeah what you spend that money go ahead. Save yourself though you know the. Four hundred million dollars spent annually on your police force. Etc.. And They're not gonNA, pass it out. There's a blank check to the people because well, you know we don't get our tax money that way. Exactly. HAVE YOUR IS A. Stalemate along the lines of. City Minneapolis Saint Paul's which Is Looking for a five hundred dollar bill out the government's GONNA help. They're going to have to get that money somewhere. Well exactly and the question. Phoenix afraid now, but to answer your question or respond to your statement. I believe you said they're not gonNA raise taxes through the roof to do it. Of course, they will. Of course they will in turn. Bring. I. That's. That's a real trick. Isn't is when the IRS gets involved or whatever State Department revenue they have comes and starts locking people up the people sheepishly combine. and. The guy will probably get reelected. Let's be honest. Well you will probably see. You'll probably see something for the cities that were affected by riots and everything put into like a another stimulus bill passed by the house. Like they have added that money there you go to a legal and yeah. And everything else that I wouldn't put it past the House to sit there and add a piece in there that every city that was affected by these riots or has hardships now. Get X. amount of. Millions of dollars as part of this. Bill to. Help, stimulate the economy and the people that actually are affected by all this. That, it should be helping they'll put their. Claws into it and put. Extra things that won't matter, and then it'll sit there and argue back and forth between the House, and the Senate for God knows how long Because they won't budge on wasn't it? Well one thing you have to love about the strategy employed by the Democrats they're gonNA. They're gonNA try to stick it in something that make the president look bad if he vetoes it. Oh. Yeah. It'll be. It'll be some sort of. Bill and he'll have to it, and then they'll scream how he doesn't care about children. Exactly among the media will be all over it. Media will be all over at bashing him. Oh. Yeah. Yeah. The president doesn't care about the future. There for the last four years anyway. Well Yeah they've they've. It's funny. I. Yeah I was GONNA say I. Johnson and Nixon for sure. But you know twenty I hear people talking about Oh. Trump won't accept the results of the twenty twenty election loses you guys still haven't accepted the fact that you're get forty. Or the fact that impeachment failed yeah. Yeah the. Everything else. Rono. Everything else that you've thrown at them hasn't stuck. Exactly this is. This is reality you know this is not theory. All this stuff is happened. You know. I saw something today and I don't remember where it was talking about the reason that you know that. They want to sit there and blame trump for not being ready for this pandemic and everything was because the other half of the fence was sitting there. So busy trying to get him out for the last four years that he couldn't take time to focus. On being prepared for anything like that. The funny part is, is I I'm trying. I'm trying to I'm I don't know about you guys, but I'm tired of hearing how Trump getting the blame for a hundred and thirty thousand body bags. Here this is this is the thing we need to do things. We need to change the story number one it should be only a hundred, thirty, thousand, five bags why? If if anybody recalls I do specifically PURDIS MR TRUMP DONALD TRUMP put a travel ban in effect once we had ten positive cases in this country, the left assailed him for weeks for doing it. Okay. Nancy. Pelosi went to Chinatown encourage people not to wear masks Blah Blah. Xenophobic Racist Blah Blah Blah, pick your s that's yacht called, and now all of a sudden they WANNA blame him for one hundred, thirty, thousand body bags may explain something if he hadn't done what he did when he did, there'd be a million three bodybags. Okay end of discussion this has nothing to do with mass. This is all a political fucking game and and I'm tired of hearing about it. Except from you guys I love your new guys. DOTS. I. Think. Let's just put that on record right now. Yeah you're paid to talk matter of fact, we don't pay you at all. Yes. I think we have a contract we'll get. something. About our bucks and it'll happen advil or something like that. I. Think it was under someone nine. I was a corner of starbucks eight was a quarter of an advil and half starbucks get it straight monthly and you're no. Damage. Send Me. Oreo. Wait a minute. I want kids count. You want to renegotiate. All of your agent moved to Seattle. Yeah exactly somebody please his comments to that brick wall over there. Oh Yeah. Yeah. All right I feel like I've rented enough. Is there anything you gentlemen WANNA cover that I missed? How `bout? Redskins finally caving. By quest over we're going we're going for football. Then we're GONNA touch the Third Rail Ladies and gentlemen he just licked and grabbed it go right ahead phoenix. I did read an article that. There are some and I'm not saying a whole bowl loan. I'm not saying that YOU KNOW ENTIRE PATIENT O. Or and it's hard tribal right that there are in fact, some of the indigenous votes, native Americans. That want keep it because it actually gives them a sense of ownership relevant. We've along on this we have this. We can follow this because that is you know a depiction of our people. What's the Redskins fans great. I have no problem with that if there. was somebody like football but hey, you know I, see it representation in my people here. Thank you. There are well, we don't get me wrong that no, all fuck you and take it other. Cash kind of it's actually kind of funny that you mentioned that being that I'm also for those of us this for those of you just tuning in and getting no us as we get to know you I, am a football nut job I have been since my early days Yes. I was GONNA. Say I think there's actually incriminating proof out there wasn't much of a about football I gotta tell you. My love for the game has often outweighed all of this You know all the polit political bullshit that's going on in the game for quite some time. Get into Kapernick, that's a whole other rent for me that lasts about forty five minutes and maybe we'll do an episode just on that Now, there was always my understanding in watching anything about the Washington redskins and and the history of them that the that the team was supposedly named for one of their assistant coaches who was native American and it was if anybody. I played football I I. I. I know that Phoenix not sure if you did mark You know everybody everybody on the football field to talk shit and especially to your friends okay and Just because you have some sort of negative pejorative is a nickname, doesn't mean that people hate you Okay. So The, the the legend was and I've actually since found out found out, different resin was at the team was named for in honor of one of their beloved assistant coaches. Evidently that's not the case. Racist over racist overtones aside I? Mean we can dissect anything want. Come up with all kinds of. The point being is, why don't we just name? The region Caucasians and everybody'll be happy. Okay I mean. Seriously also living in living in Florida I gotTa tell you the university or she state has a deal to to use the seminole name from the from the seminal nation. They paid them royalties every year, which is why you don't hear this here the Indigenous People screaming about Florida state. Okay. So You know I I don't I don't want to say they haven't been relevant for twenty years. Hey easy. I. Agree I agree too I mean my head. One is, Emma water but. Wait a minute. Wait a minute. Wait a minute mark. Are You All I I. Take over the gators day. Well me too because. No. Fan. You know what you know University of Miami and the Florida. GATOR gator. Yeah. So It's just block. Gives you wondering we all love each other teams until we play each other so that that being said. Does anybody have any idea about the outrage regarding redskins? Honestly. I mean I might just you know that stupid that I don't see the problem with the name it's the name of sports team. Okay. I mean we'RE GONNA change the Cleveland Indians. Are we gonNA change you know aerobics Today. But that's again that's a whole other. That's a whole other thing. But how many? Are they are all the sports teams just to be to be called the daisies and you know we're good to go. Or how about the banana flavor wouldn't? Well, this is like football gets get. Exactly. Yeah. Very wrapped up about injuries and things like that. Like five put flags on. Let's play flag football. But that's really the other thing I mean. You can argue that these guys are being paid wages that are equivalent to see to. Well, okay. hazard pay I mean there's they're making millions and millions of dollars. No offense I, what what what what come? Okay. These these guys mostly have guaranteed contracts. So, you break your leg. You're out of the game you're still getting paid and you should have gotten a degree so you should be able to join the workforce afterwards. Well. Puffing along the line that you know you're getting my mom bought list during my day. Is. Lump everything together all of one. We have you know events that have taken place because of. What took place. In A now it's moved to now we're going to start tearing down statues of anybody that. Could would did whatever. But now okay. Well, we need to keep that ball rolling. So we need this Norfolk Russell. Hey. Let's NFL take. Let's go up for baseball teams. Blackhawks. I love the fact that the blackhawks till they told those guys to stuff it. They're like, no, we're not change Noel. I mean yeah, and also also the the pretty big assumption there is that these people that are tearing down statues have any clue who they are I mean want to remove a statue wondering. I it's like I'll take the consequences of not taking US history for eight hundred Alex. Basically. Look, we get to wipe out four. Daily double. All right. So we'RE GONNA WE'RE GONNA. PULL DOWN WE'RE. GonNa pull out Lincoln and we're GONNA pull down the statue of an abolitionist. Yeah. Let's do that. Oh Yeah. Well, they're not even educated. They're pulling down you know. They're pulling down. Statues of people that fought four slavery. To to abolish slavery, they're pulling down. I mean I saw they ruined the Frederick Douglass. Oh Yeah Yeah Yeah you mean the guy that advised Lincoln on how to actually take slavery down Gee I can't imagine why you hear him down. Clearly again, that's That's World Super Eight Hundred Alex. Exactly exactly no no, it's not world history. It's common core history. That's that's right. And? There is no wrong answer to one plus one. Knew exactly. All right boys I. think that's going to wrap it up for. I. Think that's going to wrap it up this particular episode everybody that joined us. Thank you very much. I appreciate a hope you've You give him a little insight insight. I should say are insanity sure would appreciate your support. So if that support button go at Mash, it down any level would be appreciated We're GONNA have some promos and some gear available for you guys here real soon, and For joining us again I'm supporting. Joined by mark and Phoenix and cryptic, and we are the midnight patriots I guys. Each. Put.
World Premier Episode - burst 01
"Patriots Pau. Spartan here from the Midnight Patriots. So, one of the. Feel about anchored now. When we started this insanity, we always tell people. The reason we do this is because insomnia sucks almost as bad as tyranny. We would have these conversations between ourselves the group chats. Throws and things like that. We thought, Hey, man, you know we should just record a podcast but the more we looked the more expensive became. Get Cross anger. Anger gives you all the tools you need to do this to make your voice heard and get your voice out there. You have an opinion you gotta use anchor everything from recording to editing to distribution that you'd be all the tools that you need. To allow you to record your podcast right for your phone or your computer. Anchor covers distribution by getting on Apple. spotify and many many others I mean how you can make money right from your own podcast with no minimum listenership. It's everything you need in one spot in one place simple and effective. So. Get yourself anchor make voice her. Hello America. And welcome to the midnight. Patriots involves Spartan and I am flanked by Phoenix, Drip Dick, and mark. We are the midnight patriots and you may be asking yourselves why in the hell are we doing this? Well, got to be honest with you. Everybody has insomnia sucks almost as bad as tyranny that and we have day jobs. So we're GONNA talk in the series about the Constitution the bill of rights politics national current events. WE'RE GONNA call out here anyway guardless of the perceive political flavor using these standards of information logic and a passion for liberty. So that being said, I wanted to read something here real quick on our maiden voyage as sort of a sort of a way to set the standard. This this passage I'm about to read was actually written by. Thomas Paine one of our founders and framers, and regardless of how you see this man and the values that he possessed in that day that this was written this was written about seven months after the excuse me five months after the declaration of independence. So this is a this is a passage from December twenty, third, seventeen, seventy, six many of you have heard the the the line of this but I'm to go a little bit deeper into it, and hopefully this'll give the show some sort of context and and we hope we can earn your support as as time goes on. So this is from December twenty, third seventeen, seventy, six when the When the Revolutionary War was still going on and it says says as follows. These are the Times that try men's souls. Summer soldier in the Sun signed gatriways will in this crisis shrink from the service of their country. But he that stands by it now deserves the love and the thanks of man and woman. Tyranny, like hell, there's not easily conquered. Yet, we have this consolation with us at the heart of the conflict, the more glorious triumphs. What we obtained too cheap. We assume too lightly. It is dearness only that gives every thing. It's value. Heaven knows how to put a proper price on its goods. And it would be strange indeed if so celestial and article as freedom. Should not be highly rated. So those are the kind of the words that I could keep in mind as we go through this in every man here every person associated with this show would definitely be on the flag to make sure that the stretch stay read. So we're GONNA open up tonight and we're going to kind of open up the insanity that we've been seeing around our country regarding corona virus covid nineteen. Now everybody fever mind that none of us are medical professionals and our virologist by any stretch of the imagination where relating experiences and questions nothing that we say should be taken as any sort of diagnostic approach or any sort of Expert opinion. That said yours truly your host here Paul Spartan well, actually come at this from a perspective of being Osha certified in matters of respirators and and breathing protection. the rest of US come at this from from our own particular viewpoints and speculations. So let's just get started off So boys, we got we have. Governors California and Texas walking. Act Actual reopenings and we've got quote unquote more and indecisive confirmations, Cova, spreading but for but amazingly somehow in New York, they're reporting any new deaths or anybody WANNA start with an opinion on that. Honestly. You know I mean there's been some conversation prior to. Between myself and the other members. That's. Something is pulling the strings somewhere. Other than CDC, a hospital staff, surgeon, general things of that nature. Quite honestly, you know whatever it was whatever stream you Asian that recently came out that. Took a Italy Area. Jersey Pennsylvania. Great. Has stated sure. But why is it only California Texas? That more back that we know of your again to the states in the continental United States. Voting populace in those states. So my question now. WHO formed strings? Think. That's the overarching point here is that you know in in my experience not to get too nerdy and go too far down the rabbit hole but the same government that's telling us you know to be afraid and take particular actions like wearing cloth masks. Are the same ones that are telling us that the cloth masks don't work. I can tell you from from Osha Training and ocean certification that airborne pathogens particularly viruses. Are listed in the sub micron rage. Now that sounds that sounds really really you know interesting or maybe even boring but something that has to be realized is that when something is a sub micron particle. It passes right through the we've of a mask. Require its own moisture source. Now. Obviously state standard state standards vary but in the train I've received anything in the sub micron range requires a A. A SELF CONTAINED OXYGEN SOURCE With the use of a mask in that in that particular bio suit I mean if you WanNa, take a look and you think you're safe by wearing a cloth mask look at whatever rally just wears in a lab. When he's working with this type of contagion, it isn't a cloth masks. He wears a moon suit with a separate oxygen supply I mean there seems to be my perception is that the same people that are that are trying to Promote the panic are the ones trying to peddle a secure and make trillions and any thoughts on John? I think they're actually. No I. Think There's definitely you know financial motivation behind. This whether it's big whether it's by hospitals by a parent companies own hospitals. I mean. There's definitely something I think that financially pushes everything I mean between them getting you know a nice. paycheck at for each person, they list with Kobe or each person that unfortunately passes. listed. With Kovin. You, know they get a Giant financial. Yes if you will. Of money which I think pushes ally of these. Claims of more cases rising I mean like we. Previously is if you talk about the fact that of you know there's people around that work in the profession that there are things have been going around that they've sent. You know unused test the places. And they've come back positive when they haven't been used. But who who? Who who is the guy over in Africa, that tested a tested a fruit and a goat. And they both came back. Positive. Does anybody remember that news But you already your point but more to your point I believe the last figure I heard to. Last year I heard from the federal government was somewhere in the area of fifty to eighty five thousand dollars total for the treatment, and if the the particular person passes, the patient passes they get more. Does anybody have any information to dispute that because I think that was the last count that I heard. Be last information that I have. At, least. It's nineteen thousand dollars for a diagnosed case. Thirty eight thousand dollars if they are required hospital say and it goes up exponentially require respirator ICU care. They stay longer than hot. You're in you're out you're gone. So that being said. We all know that it'll supposedly. This bill. Gates himself and his research company. Or the ones that. Found viruses no did all the. Problems. I'm looking for here research. But. My question is if they did all the research, why did they come up with as well or have they? That's a question I posed to you folks. Well, I know they re you know they actually waiting to get ten thousand dollars plus from insurance companies and the federal government per dose mean. There's an argument to be made there. I mean, the guy is not a doctor nor is he of Arale just he just wants to make a make a killing on the here. Now that by the way is not an argument for any sort of socialized medicine. It's an absolute. It's an absolute disgusting power-hungry move at the cost of well forget about just American lives. What about globally, what have what is a million people in the ground now lifted discovered related At least one point three. If I remember correctly I could be wrong. Well, I got the second portion. Really a big to ask now is Bill Gates can't keep a bug out of his own computers what you're GONNA do with the world. Exactly number one key couldn't build a computer didn't crash three times a day for no reason. So why would we trust him with with people's lives? You know I mean he would. There was a there was a tit for tat went back and forth on social media several several years ago when he was still a once he was the kingpin of Microsoft. And he had mentioned something like You know if the auto industry had made many advances in the computer industry over the last twenty years, we'd all be driving cars that got a thousand miles to the gallon and went from zero to one hundred and two seconds to which I believe. It was the CEO at the time of Ford replied. Well. Yeah. But then the cars would crash twice a day for no reason. So. I mean you. Good Cryptic. I was GonNa say, well, then you you look at Osso. When you're talking about these numbers, go into hospitals. How many hospitals or possibly owned by the same parent company that owns the farms that the big farms that are gonna sit there and. Produce this vaccine all the sudden. Or? Not to say that they don't already have it and are just. Still waiting. I mean I know there's always testing and they have to get FDA approval and God knows what else but I mean, what's to say? that. They're not. You know getting twice the paychecks. On. Both things. Oh. Yeah. There's there's no doubt they're doubling down does absolutely no doubt doubling down your that said the other the other things that I've noticed here I don't know if everybody's been keeping up like I have. There's a Lotta unconstitutional shift happening. Okay. And I mean. Just heard I. Heard I. Heard Mark Heard Mark Giggling that that's fine because. The little that they'll get into that in a little bit but also just I wanna take a moment mark You serve this country with honor and distinction for several years in that in the military and I got to thank you for that Phoenix. You did as well and I got to say thank you for that. You protected my right to become a fat video playing hotdog eating copy guzzling douchebag that you see before you now and some of US servicemen appreciate that and Thank you. Appreciate. Bill. Hey they already did. They're called the IRS and believe me they're up my don't shit. I don't know where they I don't know where I ended maybe. It's not. So we've got measured we've got measures being proposed in in in multiple stages. Here is all the way from you know putting additional taxes on firearms to ammunition and then requiring a federal license. To purchase either. we've got the state of California. Who is you know? Well, let's just be honest they're doing what California does. It essentially eliminated their own their own Anti discrimination laws I don't know how that happened Where the hell does anybody see an end game here other than complete and total? Marxist. Shithole. That's where these lefties and I'm not GONNA say Liberals. Anymore. He's people are leftist-marxist pigs and by the way if any of you listening fuck off, don't ever come back. None of us here at. Fourth Yeah. This year at the Midnight Patriots give a flying fuck what you We don't have time to answer your e mails and believe me you're better off just turning off because if you heard that your heads probably. And I don't WanNa hear about it. Okay. You be somewhere else. All right. Man Okay. So we've got all this massive gun control legislation which I'm assuming. That this is going to veto once it hits his desk, roll it into something else and he doesn't see it. I mean. Does anybody else you positive outcome here other than
Talking Politics From the Island Colony of Puerto Rico
"Are the biggest word of the biggest shit? Show political stories that have happened in the last week because I can't take it anymore, so this has been. The most! Difficult. For your terming in our lives, I'm sure we've. We've gone from triumph to tragedy. Afrim scandal those canned also right now it seems. Every week we have a meal either. Investigation, or or sweetheart, deal or stupid mistake that the completely unexplainable, except for massive massive incompetence, and the though this we're talking about State route. On statement who was visited by agents early morning Wednesday. Apparently. She's she's She's got underway I like we don't hear. She's basically it seems she gives out contracts to employees onto. Thinks a card i. mean that's what the MOGO practicing. And the thing is that. It's kind of business as usual. No Right Jonathan Subtlety Impo. That happens all the time. This is what why are we surprised? It's touch our ED right. She is a controversial. Controversial how do we say? How would you describe that traveled near Jonathan while you talk about this? It's like this is suburban severed the. Laser island that it seems on the couple months. She says being liked be within his herself. to some issues, but as she kind of we bought the mice skier, actually the the more Broder's, if bosses that they hey care because of the excuse evangelical. She's anti gay show. She's like she quotes God right she she has. And then what I love about it. GWEN! where she she then tweeted out like all these curse words. Like. How Serious Jonathan? How serious is what are? What are people saying about the FBI? Bud. She slept our house in the in the. so the s that is seems that they are behind some things that they think are related to the mayor of combine your that is a small, little city across the bay in San Juan are. That is a superstar rising star on on the BNB but for some reason these investigation on the other of the information that is out. From there Friday is he's that from some recent. His spouse the floors. First Lady First. Lady I liked this. This is so this, is so he? Can Politics continue ask? For some reason west. Giving a concert I'm unemployed position on agency bus. Down for on the stockade with. In it so. We don't really know why. We were paying like eight thousand dollars right monthly for these person to give service on other Ranjha government, because these that is it the same thing The counter was given out on a on AMC that public operation, but for some reason they vendor rule and she went on to the legislators. Murray very I don't know that. Happens all the time so pass. This is the part where I wanNA. Know. Like poly. Bureaucracy. God level like. It's a game. It's game of your own like it's been going on
Miss Jessie's Haircare Co-Founder Miko Branch
"You mentioned your sister. T T, so you guys decided to open a salon in one, thousand, nine, hundred ninety seven. Is that right? And how did that come about? She came right agent. She was a field producer eyewitness news in New York City. She left her job and she decided to be become an agent for creative artists, so she had one in the house, and that was me I was a hairstyle, and she didn't have much luck with her other creative artists, but ironically she had. A lot of luck. When she started representing me and she landed a job for me at Ashley Stewart, and I worked for one week, and with one week's worth worst I made eight thousand dollars. And Yeah so with the money that we've gotten from that. Ad Campaign, Tiki in ice splitter I I might have gotten a little bit more Tiki, but we were still in the minds of being sisters, and then that's when Tiki said you make. Let's get out the house and take this money opener salon and it was the scariest thing because I was really comfortable doing year in the house, but I always let my sister lead within the sister relationship. NTT was right again, so we opened up our first to chair salon in the form section of Brooklyn, and that was the beginning of our of our career in beauty. Beauty Business. What was the VIBE on your block? In Brooklyn back then it must have been so different rookies in business. T deny. Make some bad this decision than we didn't. We didn't get a chance to stay downtown very long. I think we stay downtown, maybe a total of three years and then We got kicked out of our salon. We made some bad decisions. And Luckily we bought a Brownstone in the BECKFORD stivers effects of Brooklyn, and we had to refuge there and bring our business there. That was part of open that was really really at time, not thought of or was not known as duty capital. Or we asked our customers to come and take the a train and get off at knowstone avenue You have to understand getting off at notions. Move back in nineteen, ninety nine. It was a bunch of music blasting a resilient people a lot of street vendors. It was just taller than five in. Downtown Brooklyn. Many people actually didn't want to come, so we lost a lot of customers, so Tiki and I just kind of took it back to thinking box, and luckily it was vast pine with my son, because I was a single parent. At the time I realized that I could no longer wear. My hair styled straight. had to embrace the curls, and that's when the conversation started between us and our handful of clients that were left that were willing to come to get the here done in the hood, which was known of. Goodstein. DOOR DIVE
Domestic travel incentives could be coming to the US
"Work yeah it should've mixology we introduce the what it's called the American trip back to incentivize domestic travel giving individuals a four thousand dollar tax credit to take a vacation that has to be at least fifty miles away from your home now couples joint filers would get eight thousand dollars plus an extra five hundred Bucks for kids so you know if you're a family of four that's nine thousand dollars to take a vacation XLE is also hoping this would boost the tourism industry that was ravaged by the pandemic and all we have here is on a congressman Andy Biggs noted fiscal conservative on this morning to ask what he thinks about this as well as the apparent likelihood of a second stimulus package president UP was talking about yesterday if you think too much in taxes we were stimulating the economy by either giving a credit or a refund may be willing to use lower taxes overall and allow everybody to enjoy a lower tax rate more money in your pocket that way big says each person can decide how they want to spend that money instead of having a designated by the feds so it's it's the tax credit you for the vacation you wouldn't be getting a check to take a vacation it's one of those where you would get the money kind of like asco right right you get five hundred dollars and you get it back so that's how it
"eight thousand dollar" Discussed on 860AM The Answer
"Than thirty eight thousand dollars year they don't have much to staying power you're making fifty thousand they don't have much sustaining power any foreclosure getting destroyed because there's no mechanism well the market is crashing there's no mechanism so that you can make money my members always make money when the market does this because we are prepared and you remember my number's two days before this crash started I have them get out of there there take most of all their profits and we set them up what we call in versus so when the market dropped if they would be making money as the market drops in buying what they call an inverse so instead of buying the spiders would you sit there in your short watch it go down you buy instead of the inverse that SDSU see it going up well the market's going gas a lot of people are scared to short so we give them what they call an inverse SDS is assembled they buy that shows that's going up the market's going down we're doing very well with us we're doing a lot and we were doing very well a lot of our positions because we're short caterpillar eighteen percent thank you giving you these numbers because I can I I hate doing that because I can guarantee you if you join today you're going to get this kind of return again I don't know I don't know them for supper tonight my age I mean buy green bananas anymore so I don't you know that I gives you caterpillar eighteen percent Goldman Sachs Europe twenty nine percent Intel twenty four percent slumber J. fifty five percent here's another oil sixty percent needs to actually going to be terrific to get back into buy and go the other way K. B. E. twenty six percent here's our favorite I mean want to give this one S. C. O. ninety three percent it's it's the inverse of all I H. so these oil stocks are collapsing and we are shoring them on the way down but you can't do that in your palm pay they won't let you do that and I don't want you to join a gang because they give you those numbers I want to join a gang figures and women seems like these guys have Phil's gang they position.
"eight thousand dollar" Discussed on KLIF 570 AM
"Okay let's go to Scott in full workday Scott are you doing I'm just you know what about you Hey listen I wonder as a little bit I just left the internet yes I had asked about that Bon Masako but I had to read you a little bit I thought it was really generous to your will only cover the first payment TTL no that's not what I said time is on the show was two forty eight as I said I'll cover the dollar at when I went out so quick that's what it sounded like yeah because member I say and I said the first five people to come in for that extra dollar day and I'll send you a check for a hundred twenty five Bucks that's right we got stolen within the last hour I can't get on with it all but you do get one night you don't know okay almost a whole album with one of my head of a two thousand eleven long time ago and that's just that's just it's two hundred forty eight dollars for forty eight thousand dollars well I'm so yeah I'm looking around the yeah you don't hold on go well wait a minute I will with they bring it out lapis blue sign me up for that as someone those deals if unpainted you would take the deal it is phenomenal I I couldn't let so I had to get out I had to go down there and talk to me person I cannot believe it there you go I appreciate it when I did say first name anti dean ally said the last time you were here dying you made that offer and he had ten before soul all ten that day at two forty eight and I said so you've gone up the block Saul covered the dollar amount on the first five people I think I was I was so strong we all are are the rest of that he did not just say that he's not going to cover that and so I was going down to your account your time with a bunch of great folks they are okay he's got have a good weekend buddy take care you too well yeah okay again forty eight thousand dollar two hundred crew all wheel drive two forty eight a month twenty four months TT and L. first payment that's it if you don't need a truck you should go down and get one of these if you don't care what color it is if you're never gonna drive it you should get one of these because last time they did it dying made the offer and they're all gone the first day and people are writing me I'm not making this up Tuesday Wednesday Hey that deal of the week from Saturday what dealership was question about five minutes after nine last Saturday because that's gonna get people.
"eight thousand dollar" Discussed on WTVN
"Because the best Buckeye coverage is going to follow us at nine o'clock this morning Jeff Logan I always kind of work side by side on TV on Thursday nights from now on Saturday mornings he in the crew will be coming on the Buckeyes in badgers coming up on news radio six ten WTVN those comments right up until game time boots Randy judging Amy Salerno in the house and there is judge Amy as we take the camera to also you can see straight across the man with the Rollie fingers mustache if your baseball fan you know what I'm talking about the one in only hold your plus bill Dyer he is the founder of the Ohio cobra club and bill we welcome to the program thanks for joining us today thank you don't like their kids can you like it there thank you for having me are you retired fireman or something with with a mustache they've asked me that before but no I'm not okay just put there when I was about eighteen and state so I'm stuck with this but this is my honor flight thing so last year eight thousand dollars out of a somewhat whiskey room with an attitude is what it is yeah I straighten it I use my here my wife's hair product go on it grossed twice as fast I got I got a light or is that only use it so listening to go beyond whatever so I stuff works bills got a lot to talk about today as well to see if you have a question about the clover club or anything to help start he would love to hear from you as well to we're gonna talk a little Ford in Ferrari as well to that movies coming out correct yes it is and that should be a lot of fun been reading a lot about that watch the trailers and those can talk about that in just a second your gem of the phone lines right now so let's head to those let's go to John online one John how can we help you out today Sir yeah hello hi two zero zero and I just got front struts all the stuff and what it is well actually structurally around fires all the the problem is one of the empty with nothing in the back it's really hot notice wonder what we could do about like really high like like five inches higher an inch and a half years it looks like you slam on the brakes no kidding well the the new shocks the sometimes new shocks will do that for a few weeks how new are they well it's always felt like that ever since I bought all yeah we'll see I'm not a eyes number one it's it's unusual because a lot of rodeos are long dead and gone man those were those were they were tickers does your motor still ticked lay all did it now so you take good care of it okay well I would say this you can always lower you can put like a two inch block on the rear and but I imagine not knowing is is is well as I should but there's probably a reason at the it sets itself like that because you don't run through the opinion and the angle of the rear end off it is probably set up a certain way for the four wheel drive system on it so I don't think I'd mess with I know you don't when will it will drive okay wait okay because I think was maybe put together Friday afternoon it's a two wheel drive a limited slip differential which I totally he doesn't get stuck in three the smell of club parking lot but our Scott five one on wheels their aluminum three four wheel drives have five logs in the two wheel drive south for love right yeah so this was put together I don't know if that has something to do with what they could is that happens a lot to manufacturing plants instead of shutting the line down lotus put the good stuff on and ship it on through I would yeah I would reach out auto additions they could put a two inch lowering block was driving that not so I don't think I'd personally but the money and I live with it looking like it's raked up but the I understand they will go in the snow because the rear ends up in the air so there you go John thanks for the call we had a line for now and Kevin with a question for the judge Kevin what's going on today Hey I wanna thank you for having me Salerno on I've heard nothing but good things about her thank you very much is that a question is always bugged me and.
"eight thousand dollar" Discussed on KTAR 92.3FM
"Com its business time dot com now here's your host Mike white steam do goofy all right I'm in studio with one of my dear friends right guard as he goes by dirty dirty yeah that's me thank you he's a one of the team lead at the recon group at west USA realty team that specializes in not not only representing and help being sellers and first time home buyers midlevel home buyers but especially in regards to working with investors right right welcome to the show one of the common questions that I know that we get constantly and I wanted to get your feedback there seems to be this notion we have a lot of not only invest I wouldn't even say investors investors get investors are investing in in Phoenix but there's a lot of home buyers sitting on the fence because of what happened in two thousand seven two thousand eight there are waiting for the the bobbled to burst what are your thoughts on that in and how do you handle that and talk people off the fence well so we've always talked about the Evan flows of the market place is a sine curve a seven year sine curve and when that happened things that whole theory just kind of went out the window we the seven years came and went and we still haven't seen the proverbial bubble burst and and if you've ever watched the you know the what what was that movie with well there's they probably had about a trillion obese come out yes invented the video camera I don't know yeah and so that everyone everyone loves the word bubble right a bubble to me to find it by definition is a is a is a web of lies right and so when we had all those it we had all those lenders given out those no income no asset loans in those liar loans quote on quote we had I got I had I got a few of those yeah that's that's where that's where the entire market failed right now we have had some very responsible landings sense through well Dodd Frank act so on so forth in lot of other just regulations and rules that these specific banks have implemented because they don't want to see this happen again right so they've said you know we're gonna put you through the ringer we're gonna make sure that you guys are are getting a responsible loan we're gonna make sure that you can repay this loan these arms are not nearly as popular as they were back then I don't think anyone signed a thirty year fixed in two thousand five yeah no doubt a lot lot of arms right everyone was on an arm or interest only loans there they were all over the map but as far as creativity goes it's been pretty much all thirty to fifteen year to thirty year fixed loans and with that being said they've all had they've all been verified these most of these folks are W. two they're just now starting to allow folks to get loans with ten ninety nines which is if you're self employed for our listeners out there that you know are are living in that in the W. two world it's that that's the reality is is we're not we're not sitting on a web of lies so to me the idea of it being a bubble simply isn't there could there be a correction or an adjustment sure maybe but with the amount of unemployment or the lack of unemployment that right have here in the in the valley yeah it's just it's hard for me to wrap my head around anything that would be more than like a four to five percent adjustment over over a span of two or three years all right if you'd like more information on on Ryan Curtis at the recon group to like have a conversation with him no matter where you're out in the real estate process go ahead and take the word recon our E. C. O. N. two four one one ninety two three that's recon two four one one and ninety two three so it does the someone up in a not show today's market is completely different than it was in five oh six leading up to the crash absolutely all right let's talk about you know are your perspective on whether we have a lot of listeners that are renting right now looking to buy their first house we have a lot of listeners that own a house and thinking about moving up getting a different house a bigger house different area we have a lot of our our listeners who are savvy in vast stirs regardless of where your rat unless maybe go to the first time home buyer okay when you're buying real estate urine not shell becoming an investor and what's your perspective on that one of the benefits I think whatever you're moving money it's essentially a so with real estate there is the it is the number one investments as in terms of leverage right and the way the vase the weather they've been able to structure these these these loans with the interest rates it's ridiculous so I mean think about it if you want a hundred thousand dollars with the stocks you need to come up with a hundred thousand dollars it's a good point if you want a hundred thousand dollars with the real estate if you're a first time home buyers there's programs out there were you need to come up with zero dollars out of pocket yet you're still reaping the benefits of appreciation you're still reaping the benefits of home ownership yeah and and the tax advantages that go along with that so that it can you can you justify your primary residence be in an investment absolutely if you're going at it with the right game plan all right if you like some more information about Ryan gorgeous from the recon group that what you say realty please going text word recon R. E. C. O. N. two four one one ninety three that's recon two four one one and ninety two three you and I have well one we've been friends for a very very long time do you have do you remember the very very first house you purchased I do ninety eight thousand dollars and it was and wigwam north and it was on element resources at el Mirage and camel back as an eleven hundred square foot three bedroom two bath on base with seventy two hundred square foot lot I'll never forget it and it was my wife and I's first home we we still had a had a personal connection to it it yeah so the the short answer is yes then I remember my first home I I I was a guest more of a savvy buyer the new eighty seven thousand five hundred dollars on a thirteen fair wages out of the western skies golf course out there in Gilbert but who would have thought like when we bought our first home we didn't run I don't know about you I didn't even understand really what I was doing I didn't understand the power of real estate I didn't understand the power of equity the power of the pre she ation then the power of being a landlord and and and having renter's house that is how's that impacted your family from your first home to where you guys are at now well yeah the first one that we bought them in their stars in our eyes we the idea that we could actually own a home and that we actually did own a home was amazing we didn't think about anything other than other than the fact that we just Hey look honey I'm not a loser a are I got I got to go home I'm twenty one years old when that happened and so I you know I I was pretty darn proud of myself I didn't have the the forward thinking to recognize that there is a lot more to it and I I mean I regret get rid of it yeah yeah yeah I know the feeling on our because life changes right and and we you end up getting older having kids making more money is developing your skill set and then you need to move forward and we also we've all just had ingrained in our minds usually from childhood and and parents that Hey sell your home save your money and then do a modest upgrade just that's going to be functional for your family is set for a and they're just was really no code sheen in there if I feel like in most households is very little coaching on how money actually wore are you would like some more information about the recon group and ran Gerdes please good text the word recon two four one one and ninety two three that's our E. C. O. N. recon before one one and ninety two three the recon group itself in in about a minute what makes the recon group unique and what can our listeners expect why should our listeners internet a conversation with the recon group we are not linear okay well we're not we we we either way too much the what I'm typically hearing from most real estate agents out there real estate professionals it's Hey I'm I'm the best I know more about the market I know how to sell your home for the most right now how to help you buy it a better deal for us it's number one starts off with relationships really understanding where it what position that our clients around whether they're buyers sellers or investors and we are all simply trying to help our buyers and sellers move over to that investment wiring and get into the mindset that this is not a what that we are not one trick ponies and they shouldn't be one trick ponies either right so they have owned a home what can they do to turn that primary that they've either outgrown or they need to downsize out of it turn that into it income producing assets right and when people can really understand the value of that then they can understand how we how we differ from everybody else out there all right hits it completely a different perspective I love the concept of were not linear recon groups not linear is we're helping and you're helping clients understand the long term game investing in real estate eventually getting to the point where you could possibly retire on real estate if you like some more information and like to get in contact with Ryan Curtis and the recon group good text word recon two four one one ninety two three that's recon two four one one ninety two three I'm simply going to send you his contact information and he'll be out of the studio here in a couple minutes so you can feel free to go and give a call text the word recon to four one one ninety two three Mike here for your real estate world dot com have you ever wondered why some agents only offer you one free.
"eight thousand dollar" Discussed on 860AM The Answer
"Doctor visits and prescriptions and all those types of things the next up was how do you say that you mean you can't do health savings accounts and all those types of things but the other big big one of course is long term care so that's. now that the tourney five K. number that again is not counting the long term care so if if you need home health care go into some sort of facility at some point that can easily be seven eight to twelve thousand dollars a month I mean I've got clients right now they're spending over a hundred thousand a year now just nursing homes or home health care and so forth and. that's a ton of money that's a ton of financial drain so you know in terms of the actual medical classes more about just making sure you have enough money in there you could have health savings account money if you had someone you're working but often if you get close retirement you may not have that as an option so you know just make sure it's in the plan make sure it's in your spending plan it maybe not something you're counting on right now so my need to add a little bit more for that but for that long term care costs the I think long term care insurance is going to be an awful thing because I literally had a client have a hundred percent rate increase well and and this is two years after should have thirty seven percent rate increase so now it's more about what we do what we take off what we lowered down you know how do we make this policy worse to pay less. or a ton more to maybe not yet the odds of hopefully if I get some coverage or some return out of it so you know that that's the tough part on those types of things so right now there's a lot of great alternative type products now there's some life insurance things that can help you pay for long term care and some other benefits so you know there's some alternatives to to covering that cost but really for the health care I think it's more about making sure it's just in your budget inside that plan how much you're gonna need ever on a monthly basis and make it more realistic yeah because he's made up the numbers are used to take counting on today but there will be numbers only to include in the future basically when you were talking there about health care cost maybe think of my parents they're both deceased now but when my mother was seventy she was diagnosed with leukemia form of chronic lymphocytic leukemia then she suffered a stroke and so she had to go in a nursing home so my dad was watching her or his retirement assets deplete again like you said in that nursing home it was about eight thousand dollars a month and he's you know he's seventy years old totally healthy and he's like I want to be around a lot longer I think you know one of my gonna do so he sort of panicked and he took out nursing home insurance for himself for later well who was to know he was ever going to be in a nursing home you know I don't think anybody gave that advice but he that's what he did in his situation he ended up in a nursing home because he had some some issues health issues and so he ended up using that nursing home insurance okay so in his situation it worked out but I'm telling you this whole long term care thing and the fact that we are all living longer than ever before I mean retirement sick last twenty thirty forty years so I want to talk about this whole longevity thing and how that has changed our need for retirement planning and health care planning in that plan will the the biggest changes how long you're in. need to have money for it so if you worked for thirty or maybe forty years and then you retire and you need thirty and forty years of income that's a lot of money that you need to have saved up so you know that you cannot have it all just in the stock market that stocks or bonds that it's just not gonna work at it hell even there's been a lot of actually really good studies some of the ones that law schools of finance out in Chicago area and more more of them are all saying that you need to have some sort of guaranteed lifetime income there's actually the secure act that's going through Congress right now that's going to add a new eighties to foreign K. is an option. and really the since there's no pension for most of us do we really need to have some sort of lifetime income so you know there's a lot of great it nudity things were at page that lifetime it knew it is can I can you all right so it's paying that money for the rest your life and that way you can't out live it and I think this would be a more more critical thing because yeah me a maybe only nursing home coverage or home health care maybe you won't but you can always leave money and as long as that money's never give something you can screw up in some it's gonna always be there for you you know that's that's a critical items so yeah I think a lot of people are really realizing how big that is that income need as an you know really you know not necessarily always looking at what all the those different planning issues are for retirement because there's a lot of different things that you need to be thinking about obviously healthcare is one we talked about here but you know there's a lot of issues in terms of low interest rates changing tax laws all those things so one of the reports we have is the top retirement planning issues it's kind of a thing to read through real fast real short and just kind of get you thinking about okay do they cover this too I have this to have a plan for this and so forth so you know if it's really like to get a copy of just text the word.
"eight thousand dollar" Discussed on Movin 92.5
"Months now I save my parking tickets later with the paid for one's right like you're paid till noon and then I just kind of hide the state down into my window and I use them I just got one yesterday here's how the sliding scale on fines would work like in Finland in two thousand fifteen they actually handed finish businessman a seventy eight thousand dollars fourteen miles per hour above the speed limit million so they're like whatever seventy eight thousand dollars okay the man is like by the way a hundred feet is actually a B. percentage wise that's what it would cost to him he's got enough money a lot of money so thanks to the fear of getting a massive fine Finland now has the lowest rates of traffic violations in the world everybody goes the speed limit that why wouldn't you advocates for the scale find system say another benefit is that when a rich person gets a huge fine for a ticket it's a boost to the economy yeah if somebody seventy eight thousand dollars it's going to help out a lot yeah some people argue that the government should at least put a cap on the size of the fine so they don't get to astronomical for super wealthy people bother say too bad if you don't want the fine don't do the crime yeah I feel like too bad if you're gonna do a percentage wise you can't put a cap okay I got to defend the rich people I'm gonna buy a Ferrari right I'm gonna.
"eight thousand dollar" Discussed on WDRC
"On the sixteen marines arrested yesterday on human trafficking and drug charges charges range from human smuggling to drugs agents from the naval criminal investigative service in C. I. S. surprise the marines during a morning battalion formation after roll call was taken eight other marines from the first marine division were also taken in for questioning for their potential involvement in a separate drug smuggling ring information game from a previous human smuggling investigation which uncovered two marines smuggling migrants into the U. S. over the southern border with Mexico charging them eight thousand dollars a piece not far from their marine base in southern California precipitated these arrests oxygen for briefing at the Pentagon regulators approve team mobiles twenty six point five billion dollar takeover of rival sprint a Facebook co founder may be working with the government to break up the company Chris he was reportedly meeting with the department of justice and the Federal Trade Commission to discuss pulling Facebook apart the New York times reports the Facebook co founder argues the company's CEO mark Zuckerberg has too much power calling on regulators to break the social network off from Instagram and what sap platforms it took over he could help investigators by connecting them with previous employees Facebook has yet to respond the effort comes amid the DOJ and FTC investigation into Facebook over anti trust concerns and after a record five billion dollar fine from the F. T. C. over privacy violations krystin Goodwin fox news it was about living in the shadow of the US capitol in the Saint Louis area activist turned politician will be the first released by M. T. V.'s new documentary division seventeen blocks tells the story of an African American family in Washington St Louis Superman is about Bruce Frank junior who was involved in protests against law enforcement in Ferguson Missouri.
"eight thousand dollar" Discussed on Heartland Newsfeed Radio Network
"Like eight thousand dollars on average, at this point barely a record low. Not the people assets it because of, you know, not just zoning restrictions, which are nothing more than documents. It's the cops will go out there and force you to comply with them. And so remember that most abortions are the fault of cops. Yeah. They enforce the zoning restrictions that make it tough to keep a baby and raise the baby pushes more appurtenant girls to have abortions. Thanks for the call tonight. Tom appreciate hearing from you, and other aspects to that point would be that young people are not in some places able to emancipate themselves from a bad home. So if there's true, if they're stuck in abusive home than they want to leave, you know, if they're old enough to, to work if they're old enough to another thing of working restrictions. Also prohibit young people teenagers from having a job in a lot of cases or having a job that is on the same level as their coworkers because their government rules force them to have a certain number of breaks, and they can't work number certain number of hours, and they can't work during the school week in some places and there's all kinds of rules and restrictions people should be free to work as much as they want to work as much as somebody's willing to hire them to work. And if we had more people in the marketplace, that would of course, also be a better supplier of labor and then, you know, we might see prices go down because of that as well. Who knows? So if you want to join us here, you can the toll free number is eight, fifty five four fifty.
"eight thousand dollar" Discussed on WTVN
"Twenty eight thousand dollars. Thousand dollars per person. Family of four twenty eight thousand you're not paying any more premiums pay any more co payments in uh paying anymore the doctoral 's house Twenty-eight thousand you not paying. But of course, it does you'll go to pay more taxes. It's not it's like, I'm gonna take you on a cruise and the cost of the cruises ten thousand dollars. But it's not going to cost you a thing when you're on the cruise really where do I sign up give me a check for ten thousand right now. But when you get on the ship, nothing's gonna cost you anything. Wow. What a deal. Some crazy Bernie admits that taxes are going up, and it's going to be an allusion that your healthcare is free. You're just not gonna pay at the point of sale or point of usage. An audience member back the sound seven here crazy Bernie now that your tax returns have been released and you've been identified as a millionaire in the top one percent. Will you pay your fair share? And how do you plan to apply the policies that you've been talking about enforcing on top earners, raise the issue? I am a million watch lean this year, we had five hundred sixty thousand dollars in income. That's a lot of money, and that money in my case case came from a book that I wrote pretty good book to read it. Bestseller sold all over.
"eight thousand dollar" Discussed on KOMO
"It retails for thirty eight thousand dollars. The Environmental Protection Agency says one of the nation's biggest seafood companies has agreed to spend up to twenty three million dollars to fix serious air pollution issues with its vessels and land-based facilities. Seattle-based Trident seafoods will also pay nine hundred thousand dollar fine for Clean Air Act violations. Under a settlement agreement filed in federal court in Alaska. It's one forty and we check sports at ten and forty past the hour from the Harley exterior sports desk. Tom Glasgow has college hoops leading off. It's the dogs and utes tonight at Alaska Airlines arena. This is Bill Swartz rest and realignment for the first place. Washington. Huskies after twenty five games in back to back. Roadtrips? They have some tired bodies and minds guard. Gnaws Carter knows his role is even more vital coming off the bench. You come in with the with the same entity that was on the floor, especially if you're down in the game than it is doesn't help your team at all, you know. And you want to come in and team in Washington goes for a season sweep and its first win over Utah in Seattle since March two thousand fifteen tip at eight coverage starts at seven thirty on. Komo news. Top twenty five action tonight. The marquee matchup has number one Duke at home against number eight North Carolina. If you want to get into that game, you're going to shell out about twenty five hundred bucks. They are going high. Those tickets at Cameron indoor arena, number six Nevada. Plays at San Diego. State Mariners open cactus league play tomorrow taking on the Oakland..
"eight thousand dollar" Discussed on KOMO
"If someone can provide them information that leads to conviction for the shot he line and the shot see lines. It's actually against. There's a mammals act that they have. And if you're guilty of it, you can spend a year in prison. There's a twenty eight thousand dollar fine per crimes Percy lion, and like other criminal fees and other other things that can happen. Yeah. All right. Well, speaking of animals research animals, we hear about this a lot. But apparently, there's a possibility of adoption. Yes. So there's a Bill that's going through legislation right now that would require research dogs and cats that go through public university research. Laboratories to put the animals up for adoption before youth, euthanizing them. That's kind of neat. Yeah. No one spoke against the Bill when it was out there hearing on Tuesday. Even even the researchers are for it. Yeah. Yeah. It sounds like it check it out at komonews dot com. Seattle. We made it the tunnel is open. But traffic still congested, get KOMO. Aaa traffic alerts every ten minutes on the fours. Breaking traffic news as it happens. Stay connected. Stay informed. Komo news one thousand FM ninety seven seven right now could be tonight on news four five raising your tiles credit a great way to stop identity thieves. We should be able to protect them. But the process just doesn't seem right. What every parent needs to know before handing over at their info. Consumer reporter Susan HOGAN is working for you tonight on these four five with Wendy Rieger. Jim Hanley and chief meteorologist Doug camera. Getting you up to speed the minute you get home with the day's top stories and changing weather conditions working for you on NBC four.
"eight thousand dollar" Discussed on KOMO
"Eight thousand dollars. Jeffrey lose started go fund me account a week ago to benefit the chefs for feds initiative and the world's central kitchen in DC. Oh, there's a lot of families said, and I want to raise more money. So we keep more food coming. Loose says you'll keep going as long as the shutdown continues man wanted for a Bank robbery and Bremerton has been arrested in California. We're told at Kelly burns was arrested in Humboldt county in northern California about two weeks after the US Bank on sixth street in Bremerton was held up burns who's also suspected in Bank robberies and Redding, California earlier this month and in Covington last year, it was identified through surveillance photos after the robbery in the Bremerton and reading robberies. He was seen wearing what appeared to be the same jacket Clark county in the Vancouver area. Have recently seen an outbreak of measles. Now King County health officials warn they are looking into a suspected case here that the evening was confirmed Gomez Kelly Blair has the latest nannies fifties. With suspected measles was hospitalized with the contagious disease. And since recovered, it's believe he. Contracted it. Well in the Vancouver area, which has seen about two dozen cases. Now, King County officials are warning people who aren't vaccinated against it to be aware. They may have been exposed between January ninth in the sixteenth. The man who contracted measles had been at a construction site in Auburn and basketball games at Kent high school and mount rainier high school in Kent and it medical centers in Covington. If you've gotten the vaccine, you are protected, but if you haven't you need to look for any symptoms and call your healthcare provider, if you experienced them Kelly Bleier, KOMO news, Microsoft, founder, Bill Gates is at the World Economic Forum in Switzerland this week, he spoke on global health panel about the gates foundation's goal to decrease childhood deaths around the world..
"eight thousand dollar" Discussed on The Tech Guy
"Plus the embassy here my wife when we're sitting the room table, these these are for my wife insisted she said, you're not wearing hearing aids. Are you? I say Honey, it's not that. I don't hear you. I'm not I mean, Norring you. I think this is re this whole category is on the cusp of changing and changing in a way that will respond to that thing that you're interested in which is getting full quality audio. But that's not what hearing aids the current instruments that are sold today are for they're just for better better voice understanding, and they do a great job. But if you're an audio file that could be a little annoying to be honest very much. So. Yeah. I've tried the recent and gosh, you know, I started with the really inexpensive ones that are always advertised on manga does not those gods of hair to the the seven and eight thousand dollar hearing aids now, and I'm just frustrated with them the abso pretty cool the lunch who had just the frequency a minimal equalizer type of ability. They customize different programs for me, and they're trying really hard. But it's almost just better. If I take my hearing aids out. Moving. Oh, see that's the other thing to understand. And I think a lot of people don't they they think oldster 's. And you know, my damage comes from years of wearing headphones and radio, they think us oldster stirs are missing sound. It's not that. We don't it's not that. We don't hear full frequencies at some frequencies are attenuated, but we hear what's going on. And I think we I still appreciate music just as much as ever a little equalization can help it be even more, you know, on a listenable, but. Oh, so he's fine. I want to give her a hug, so I think that you're what you're I've encountered the same thing. I'm gonna listen these, you know, new resents, they they're you know on Monday. But it can't I'm going with the just it's still through an audiologist. And I think there's good reason for that. You know, you do want. Well, that's a good question. I saw resent at pep com which was in December, and they were very excited about this. So I don't know if this is one you've tried or not I will, you know, call me next week. And I'll let you know or I'll talk probably talk about on the air because I think this is a good topic. Yeah. But I think we're still going to be disappointed. What will change is in? If it won't be right away. It'll be the next few years is when traditional headphone companies companies that make high end audio headphones get into the hearing aid business, and I hope that that's a market that's going to happen in and along with that will go this kind of a new category called here Ables that will also, you know, these jobbers can see my blood flow. They can do my heart rate because they're in my ear. They can even see VOC in a oxygen of volume. And so that's really intriguing and I think these are a first step in that direction. So. I think this is going to be an interesting category. But it's not there yet. So I understand. If they could figure out a way to use the microphone that send the herein aid..
"eight thousand dollar" Discussed on Mac OS Ken
"Also features day and dryer functions and Bilton speakers with Amazon's Alexa, voice ist, and I'll give an Alexis propensity for data leaks. This seems like a match made in Brazil, the movie not the country price for the new me two zero eight thousand dollars according to apple insider, but that I mentioned every time you poop, Amazon will know. These stories may actually get up to do this week. Not because I expect more that are scuttle article in nature the way creative strategies Ben baharan put it on Twitter on Monday. It's looking like the changes apple made to make it easier for third parties to integrate home kit and work. They did with airplay to is paying off story of C E S, maybe Apple's growth in home kit Serey airplay to support. Plans for TV aren't the only things apple and Samsung having common they've also both been hit by economic trouble in China. Apple insider says Sammy as expected to restate guidance for last quarter today similar to the warning issued last week by apple citing a piece from the South China Morning post. Apple insider says the announcement from Samsung said to be arriving today is tipped to advise an operating profit of thirteen point three trillion one or eleven point eight five billion dollars for the quarter revenue expected to drop by five percent year on year in part due to memory card shipment. Reductions amid a global smartphone market slowdown for the most part the piece continues. It is suggested the issue stemmed from China. A market that fell eight percent in terms of sales in the last three months, according to analysts from counterpoint research, the peace. Points out that weakness in China would likely hit Samsung harder than apple according to apple insiders. Samsung said occupy less than one percent of the Chinese smartphone market compared to Apple's nine percent. But it's memory and processors are used extensively by smartphone. Vendors accounting for.
"eight thousand dollar" Discussed on 600 WREC
"Just in in skimming through things I'll last night and then again this morning. There are plenty of people that obviously worked for the federal government. I had some people actually identified they worked for the federal government, and the longest is basically who and die. You know? How dare you? You know in it's wrong people they count on it. It's jobs and everything else. But but the one that I enjoyed the most on there. There are a few different people who questioned my numbers one hundred twenty eight thousand total compensation. And. A couple of people are asking me the source on it. I will tell you a source for numbers. I if I get them to you. If it actually is a source that's required. And you being the federal government employees. I might be slightly alarmed that you are aware that it's public record. And that these sources the federal government which happens to be the bureau of economic analysis. So the source for that one hundred twenty eight thousand and total compensation. Is the federal government that you work for? By the way. So that that might be another reason why we have issues when we federal government employees. They don't realize the source for government information. Maybe L slightly alarmed by that. Now, the other thing that I think is teachable moment. In the real world. And again, I I said yesterday, and and it goes in one ear and Albie other or people just don't I guess, if you're a federal government employee think I'm being genuine when I say this. I do mean it with absolute sincerity. I hold no animus ubiquitously for any federal government employees. If that was the right thing for you to do for your family for your career. And it's good. Good thing for great more power to ya. All right. This isn't about you. It's about the crappy politicians that created the crappy bloated federal government that we have to pay for. I do not blame you. Now, if you want to defend the crappy blooded federal government and say that under any circumstance, the only answer is to continue the status quo government. Yeah. Then I'm going to challenge you because I think that's wrong. I think it's reprehensible that the average person who makes a gross income of forty nine thousand dollars per year. Has to pay without any question whatsoever. For one hundred twenty eight thousand dollars employees. And again, the federal employees. They weren't fruit will won't they worked for for us. Worked for details. Right. And so in the grand scheme of who who's calling the shots here. Well, if we don't earn money, and we don't have that tax by the federal government. There's any money in the federal government to pay the salary or to pay the the benefits that are received by that particular person your position in the federal government. I mean details by the way that the government has nothing that isn't handed to had one person that said, yeah. But their employees pay taxes, I never said anything otherwise it doesn't change the dynamic. Emmy, right. I mean, and again eighty two percent of spending at the federal level is optional optional see the only thing that is absolutely required defense, and some basic infrastructure, and this this country generously appoint all of the federal spending that goes into that constitutionally mandated category rolling talking about eighteen percent. So. But you know, these people have families and everything else. Yeah. Yeah. You know what? So does the average person or can the private sector that has no guarantees see one of the things that becomes really clear when you hear federal government employs complaining about this adversity. Is what reality check see you. And I working in the private sector working in the real world. Do we ever have a guarantee one day to the next necessarily know if the company goes under that could be it, right? I mean circumstances change if somebody can do your job better, you might be out of a job any number of things that's the real world. But in the government doesn't work that way. Does it? No. I mean. Yeah. Heck a time. Trying to get fired. A in many cases. And to the extent that you're dealing with adversity. It's when Donald Trump says you're not gonna get another race next year. Who? So. Yeah. Federal government employees. Hello. This is the real world where there are no guarantees where you know, you're not entitled to a job, let alone aja the prepaid toll compensation that is in the neighborhood of two and a half times, the average private sector person.