35 Burst results for "Eight Thousand Dollar"
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
Prince’s ‘Blue Angel’ Cloud 2 Guitar Sells for $563,000 at Auction
"Oil price tag for a music legends instrument correspondent Yuni Han has the story Reese's guitar which he played on the purple rain tour in the nineteen eighties has sold for over five hundred and sixty three thousand dollars the custom blue angel cloud to electric guitar was expected to sell for one hundred to two hundred thousand in this weekend's auction by Julien's auctions in Beverly hills meanwhile Elvis Presley's macrame belt fetching ten times more than expected at two hundred ninety eight thousand dollars and Madonna's ivory gown which she wore in her nineteen ninety vo video sold for just over one hundred and seventy nine thousand dollars the buyers identities were not disclosed
Self-Quarantine Violator Gets Four Months In Jail
"A court in South Korea has sentenced a twenty seven year old man to four months in prison for repeatedly breaking carreteras quarantine rules is the first conviction of its kind in the country Laura Baker reports the man who's only been identified by his last name Ken was asked to self isolated home for two weeks after coming into contact with covert nineteen patients he was caught leaving his house just two days before his fourteen day quarantine was due to end he was taken to a residential center but was once again caught trying to leave the maximum penalty is one you can present what a fine of around eight thousand dollars the court sentenced him to four months in jail
Chicago Bulls Game-Worn Michael Jordan Sneakers Up For Auction At Sotheby’s
"Michael Jordan's first Nike air Jordan's up for auction at Sotheby's fox Jeff Manasa reports bids closed today for NBA great Michael Jordan's autographed in well worn original air Jordan sneakers being auctioned off at Sotheby's in New York the shoes designed for Jordan in nineteen eighty five and the first ever signature sneakers could fetch between one hundred thousand to one hundred fifty thousand dollars Celebes last year had its first auction dedicated entirely to sneakers setting a New World record of almost four hundred thirty eight thousand dollars for a pair of nineteen seventy two Nike running shoes notice the
IRS sets deadline for relief payment by direct deposit
"Hi Mike Rossi a reporting the deadline is coming up for submitting banking information to recieve an economic impact payment by direct deposit if you're eligible and haven't received an economic impact payment from the IRS yet and wanted to be directly deposited to your bank account the clock is ticking the IRS and treasury department say noon Wednesday is the deadline to enter banking information on the IRS website the IRS says used to get my payment tool on its website to provide direct deposit information otherwise you'll have to wait for a check any US citizen with a valid social security number who makes under ninety nine thousand dollars or married couples who file jointly and earn less than one hundred ninety eight thousand dollars we'll get a payment Mike Rossi up Washington
Should You Run Paid Ads to Get Consulting and Agency Clients
"To another episode of Marketing School. I'm Eric Su and I'm Neil Patel and today we are going to talk about if you should run paid ads to get consulting and agency clients so Eric you have two things on this funny enough first off is I've seen you run paid ads over the weekend. I sent you a screen shot of how I saw two of your ads on the same page and then on top of that you have a program that teaches people how to grow their agency as well. So why don't you? I answer the question of. Should you run paid ads to get consulting clients and then let's go into if you should? What are the best perform wall yet? I'll just talk about the funnel. I think this will actually answer your first question because we have two programs. That are very similar once called the evergreen traffic machine. That's basically a framework how you could build traffic for your business. That's more forgetting consulting clients like you can actually generate applications that when you guys feel free to swipe this if you want. I'm not gonNA lizzani sleep. And then the second thing we have is the agency accelerated program and actually I WanNa Call Audit Final Romero. He's actually hard that program and he's attending today. And so you know going back to the evergreen traffic machine yes you should be running ads. You know why because we are able to target people on facebook or even Youtube for example. And what we do. Is We drive into to an application. So we say hey. Look if you're interested in in like a traffic framework. Here's a quick video on. It might be like fifteen minutes and then they can fill an application from there and then once they felt the application felt like a lot of info like what the revenue size is. What the goals are what? The content marketing budgets are and then from there. We can decide whether we want to take him on for like a sales phone call or not. That's on the agency side and that works now. The of questions on that before I moved to the program. How effective is it? I mean look at it this way. We are getting leads right now. We just started at the evergreen traffic machine thing. Backup for an application for someone to fill out application. I remember our past numbers in aggregate. It would cost us about two hundred dollars for an application. So what does that mean exactly so two hundred dollars for application. Let's assume that you know. A small percentage of those people actually qualified to work with us. So let's say twenty five percent and then we can close them at twenty percent or so that means for every sale that we get it could potentially be around four thousand dollars. You can even say eight thousand dollars and for agency side. Let's say our lifetime value is fifty thousand dollars. That actually makes it worth it right. So that's an example of how it could work all right cool and then let's go to the next one. Yep so the next one. I mean it's a very similar thing right. The idea here is get. You're providing people valley and you're providing people framework and I'm saying guys look I've built an agency before and you know look at what I have. In addition to all the other stuff I use my agency has a platform right. It's not just the agency is. How do you go beyond that and a lot of people wanna do that right now is a lot of people? WanNa start one a lot of people in a row on right now in there we just drive into Napa location and then we get on a phone call with them and I've actually been on a couple of these phone calls just to kind of do more customer development to tweak it but it similar funnel to the other one and you know it does well
Schumer urges VA to explain why it purchased unproven drug for veterans with coronavirus
"Senate minority leader Chuck Schumer is calling on the department of Veterans Affairs to explain why it allowed the use of an unproven drug to treat veterans with the coronavirus what brings this worry to light is a recent fall quarter in the past few weeks of hydrochloric win by the VA Schumer wants the agency to give Congress more information about that order for two hundred and eight thousand dollars worth of the malaria drug that president trump has heavily promoted as a treatment for the virus in a statement the VA called it preposterous for anyone to suggest it would make treatment decisions based on anything other than patients best medical
Schumer calls on VA to explain use of unproven drug on vets
"The Senate's top Democrat is calling on the department of Veterans Affairs to explain why it allowed the use of an unproven drugs on veterans for the corona virus saying they may have been put at risk Senate minority leader Chuck Schumer says the VA recently ordered two hundred and eight thousand dollars worth of hydroxy chloride Quinn in bulk the malaria drive had been pushed by president trump but the FDA last month warned doctors against it for code nineteen outside of hospitals because of serious risk all right that's being used for clandestine covert nineteen drug testing Schumer another VAT groups want answers including about VA hospital data showing more deaths among patients given hydroxy Gloria Quinn versus standard care VA secretary Robert Wilkie in recent weeks has denied that bets were used as test subjects Julie Walker New York
Nick Saviano from world the renowned Saviano Tennis Academy
"Hi Nick Welcome to the Functional Tennis podcast pleasure to be here. I've been meaning to get you on the show while we have your honor top academies around the world page which is probably one of our most viewed pages on the website. So it's great to of see. We've the Blurb Rebecca Academy and all the details would. It's great to speak to the main mind as well so delighted to chat which tell me how is life at the moment with all this cove? It situation has DECAPA me gone well. Unfortunately we have had to shut the academy down at least temporarily as all the Kaddoumi's in Florida have done and I guess around the World. But we've been able to stay in touch with our players and we are poised and ready to go as soon as they open. Things are coming in the next week or two. So we're pretty excited to get back out on the courts and fully functioning. Well that's great news. You haven't locked all your players in Lake. Rafeh did no. I didn't know he locked them all in but no we have not done that in a lot of our players actually are here with emily members or they're at private housing so we're good to go. He had me. Did Inscribe live with I think was Andy Murray Sane? Whenever they got closed down whoever was stuck there had to stay there. Nobody's lead in or out so he's running a tight ship over there. Well you have to. Whenever you're dealing with. Young people is enormous responsibility. So you always have to err on the side of caution. Yes no true. It's different when you're entrusted by parents to do the best for the kids so I think you're right. It's really important. So tell me a bit of empty Kademi. How long has the KADEMI being an operation? Well I started the academy shortly after leaving the US. Ta at the US was a national coach for boys tennis. I was eventually director coaching for men's tennis for the United States. I played on the tour for nine years and then I was also the head of high performance coaching education which was really actually exciting and then after that when I left I opened the academy in two thousand and three in. I started working with a few players I decided I really wanted to go out on my own and established my own methodology and a lawsuit for coaching and working with young people. So way back then. Two thousand three. That's when we started and it went extremely well and some of the believe it or not some of the first people I was working with were jan-michael Gambill. And also Vince Spadea. And also very young. Eleven year old. Sloan Stevens came a few years later and Jeannie Bouchard and Monica Point Again. A lot of other really good players started evolving or coming. And so it's been really exciting. It's been an amazing experience. Actually over the years up really really enjoyed it. Let's just cut back a bit before the academy and before. Usda tour life. You're a top fifty player. What was it like in the late seventies being a top fifty player? It was an amazing experience. I was one of the top. Juniors in the United States at the end of the year is ranked tree in the country. Then was the top recruit going into college so I wanNA going to Stanford. University was an all American there my freshman and sophomore year. Then I turned pro but back then I was one hundred thirty two in the world when Charon pro took me only four months and I was in the top hundred so the depth and the game wasn't quite the same as it is now so in one respect it was. Let's say less of a long grind to get into the top one hundred but on the other hand the rewards weren't as great nowadays. The players go to phenomenal hotels. They get paid and qualifying. The money is great. I remember I got around sixteen. At Wimbledon twice and the specific number I remember was four thousand pounds now. Four THOUSAND POUNDS. That probably is about seven or eight thousand dollars. Not even that much and today. I'm not sure what the guys in the gals paid for a fourth-round let's say Wimbledon. But I would suspect it's probably in the two hundred thousand range so money has changed a lot but it's more than just the money the quality of the way everything runs on the tour the ability to communicate with people. You know you have the phones. You have computers when I was playing. We didn't have cell phones. Believe it or not so completely different world when you went away for six weeks you really were far away. It was tough to get phone calls back with your families and so is a different way of life back then than it is now and I enjoyed it. I love playing the Grand Slams but I retired at twenty eight years old. I spent about eight and a half years on the tour and when I retired I was still in the top hundred for singles and doubles. I was recently married and we had our first child and when my first child was born. Nicole our daughter that was it. I said I'm done and I'm going to get a head start on the rest of my career which turned out to be coaching. Those a good decision and tell me what was your most memorable match. Great question one of the most memorable matches I ever had was in England. At Wimbledon I was playing a match against Pat Dupre. Who was a semi-finalist the year before and I believe at the time was ranch around twelve in the world and the day before I played buster macho from England and he was number one British player and I remember having served to save the match five or six times so I one nine seven in the fifth set and so I had to come out the next day and play again against Patty pray and this match was in cold fog long match and I remember my body aching and wound up winning at one. Twelve ten in the fifth set and I remember just kind of overcoming the exhaustion and at ten all eleven ten. I was ahead and I finally got a break point and I remembered to this day thinking okay. Should I go for this and ripped return because you know I just can't seem to break and this is one opportunity so I cheated thinking he was going to hit back in he did and I happened to hit it? Just right and boom. It was a winner and thank goodness over. I had a couple long matches. In Wimbledon at one with Brian Godfrey four in the world and that took either three or four days to complete believe it or not and I was down two sets to love and five two and it was almost nine o'clock at night the US keepers. Were all there waiting to the targets of the courts. So they're waiting for me to lose so I was down two point quickly. Want Upholding Sur. Five three and I played one of the best games of my life. Five four I bright serve. I hold sir. I break him and win the set then because we were there late. They didn't put me on I the next day and so they had a women's match on it rained a lot that day so that was a Friday. We only got like five games in so then pushed us over till Saturday but of course we were onto cords till very late again and so they didn't put us on ride again so we wound up playing one set and then it got dark again and then of course Sunday play so then we have to wait and then on Monday morning we played. We've finished the match and it had a happy ending. I one six one fits so those were my two good memories of Wimbledon long matches that stood out.
First ascent of Shishapangma - May 2, 1964
"The day was may second nineteen sixty four. A group of Chinese climbers became the first people to reach the summit of Shisha Pong a mountain in Tibet at more than twenty six thousand feet or eight thousand meters. Sheesh oppong is the fourteenth highest mountain in the World Sheesh upon is thought to mean range above the grassy plain the mountain is a part of the Himalayas. And it's located in southern Tibet. Near the border of Nepal. Shisha Pungwe was the last of the eight thousand yrs or mountains more than eight thousand meters in height above sea level to be climbed in June of Nineteen thirty on a Porno. Wyant became the first eight thousand meter peak to be climbed and in nineteen sixty. A team of climbers summited delivery one. That made it the thirteenth eight thousand dollars to be summited making Shisha Palma. The only one that had not yet seen a successful ascent since Tibet in China impose restrictions on travel to the region. Few western climbers had been near. She Chicago people were sent to scout the mountain before the expedition began. The chosen climbers began training. Orders were put in for clothing equipment and food and early in one thousand nine hundred sixty four. An expedition of one hundred ninety five people was put together. The team. Included experienced mountaineers climbed Mount Everest as well as less experienced climbers it also included scientists journalists photographers and medical workers among others on March eighteenth. The expedition set up base camp north of the peak at around five thousand meters above sea level by April twenty. First the final assault camp was pitched just below the summit. There were thirteen people in the summit party including expedition leader. Xiujing deputy leader of the Assault Party Chong Chunyan and Wong Fu who took part in the first ascent of Mount Everest via the north face but only ten people took part in the final assault since three people were dealing with altitude sickness on the morning of May second. They reached the summit not long after they made it to the top. They began their descent back to the final assault camp over the next several decades. More people attempted to summit the mountain. The next ascent of Shisha Pong did not happen until nineteen eighty when the mountain was open to foreign teams the first winter ascent of the peak took place in two thousand and five otherwise hundreds of people have made it to the main summit of Shisha PA as of twenty eighteen thirty one people have died on Shisha Palmer. Some of those deaths were caused by avalanches falls altitude sickness and fluid accumulation in the lungs caused by sending to high altitudes
To Pay Off Your Houses or Focus on Saving
"Go now to Jason in Dallas Jason. Welcome to the show. How can I serve you today sir? Hey Josh good to be talking to you then. Listen to you for about Three years now under stuff. Thank you glad you hear. You hear me okay. Yes sounds good. Go ahead all right So I had a question about My wife and I plan for the next couple of years and just your financial advice and just with them on it So currently Between my wife and I Eighty grand a year. I make one hundred Between two jobs And we have a home Before the the cove it it would we could have sold it for thirty and we have ninety eight thousand left to pay out that was the BC before covert therefore Kovin. Exactly we We've been pretty aggressive on paying off our house and we're on a plan to pay it off by about the time next year With just been real good refer Rigel But with all of the economic impact of Corona we were thinking possibly shifting clan instead of paying off the how quickly as we can to Stockpiling that money and Popular another per how and running out our current one the Cabbie autism that makes all this kind of tricky is. We have our first child on the way due in October and By the end of the year my wife plan on quitting her job staying home with kid and starting our family so that would drop and come down to a hundred a year and then now we're we're between would be able to rent out our current house and have a you know enough money for another house. Russ move into when our current wrench would cover. our mortgage since we have a fifteen year mortgage That clear now so the the specific question is. Should we buy rental at this point in time? Is that the basic question. Our dreams have two three acres and nigger home rate. More kids up what we WANNA move into. And we don't know whether to stay with our specific plan to pay off our house And then stock pile up money to try to get into that that next ten fifteen year house Or Save the money now and look for the opportunity in the midst of this. I would not pay off extra. I would not focus on paying off my house right now. Especially if you've previously thought about working in a working on a plan where you're going to purchase investment property. I'm all for having paid off houses but I think that it makes more sense for you to start. If you're if you're interested in owning rental property I think it makes much more sense for you to start by building up a rental portfolio early in life setting up that setting that in place you can have your tenants paying off your rental mortgages for you and then go to paying off your house and paying off the market paying off the rental units when you look at where we are right now I don't see any benefit of your having paid off house. I do see you're having a benefit of you're having a lot of money in the bank and so what I would do is just be clear. That was that was that was an inaccurate statement. If Your House word today totally paid off then it would be helpful. It would be beneficial but right now if you lost your job and you instead of having a ninety eight thousand dollar mortgage you have an eighty eight thousand dollar mortgage. You're not helped by just simply having a slightly lower mortgage Balance What you need is money in the bank. And so when we're in an emergency like we are right now. The first thing I do is stop all debt. Payoff just start stockpile cash and then wait and see wait and see what opportunities emerge now. I think there will be quite a few opportunities to invest in real estate very productively and profitably in the coming years and so that would be my plan. Is I think that one of the most important things with real estate in order for realistic to work effectively. You've got a you. Can you can often find a deal. But there are times when it's a lot easier to find deals than others and depending on the market that you're in the market simply haven't been deals available over last couple of years. I've known a lot of real estate. Investors said. I can't find anything worth investing in now if this recession goes according to normal normal recessions than starting six months from now a year from now there's going to be a lot of distrust sellers and that's means that there's going to be a lot of opportunities for real estate investment and so if you can maintain your income and if you can have savings that's the time to start expanding that portfolio the other thing that makes me say that is with regard to timing is two to three to three acres in the country. Bigger House Great. You don't need it with a baby. You don't need it right now. You need it in five years and so what I would do is I would set out a five year. Plan to buy five rental houses in the next five years and then go ahead and once you bought those five rental houses in the next five years then make the switch to the two to three Acre. You know farm at out on the edge of town or the big big old farmhouse because a five year old will actually use that. You don't need that at this stage of life and so I'd I'd keep on investing. I'd stop the early pay off and I look for deals. If no deals emerge and you're you're you're you're from now and you got ninety eight thousand dollars in the bank in destroyed a check and and pay off the mortgage but I think you'll start to see some deals that will entice you to invest
"eight thousand dollar" Discussed on WCBS Newsradio 880
"Eight thousand dollars in debt W. CBS news time six eighteen it's time for traffic and weather together traffic sponsored by subway is Tom Kaminski cover it we had a collision it Joe on the westbound side of the cross Bronx a drum Avenue would involve two trucks and a car and we had quite a bit of activity everything well at least temporarily everything is a shot now as a last vehicles are cleared out of the way and the last police vehicles are starting to will move out of the way as well so we'll keep an eye on that but we should get lanes open very shortly we've had delays on the FDR drive south bound from the RFK bridge actually beyond it from about the one thirties right down for the year the fifty ninth street bridge are we still had one lane blocked the center lane was blocked with the collision they're in the process of being cleared the outbound Lincoln and Holland tunnels so with at least a forty five minute delay at each be Q. week and go want us both ways between queens Boulevard and the Verrazano bridge although Staten Island down on the Verrazano a stalled tractor always been cleared away there we also had delays northbound on the beach you we read in the area of queens Boulevard we had a stall one lane is blocked Connecticut turnpike still very heavy from Italy Stamford right on up for bridge port in the Merritt parkway delays northbound from Greenwich on up to Stanford on up toward Fairfield continuing on up toward Trumbull and we've had them we still have everything shut but we're just about cleared out of the way on the west bound side of the cross roads we may still wind up with the right lane at a service in the area of Jerome Avenue with that collision being cleared I'm Tom Kaminski in the W. CBS traffic center Craig Allen's here with the five day forecast sounds like a pretty us pretty what weekend it does see a it least the first half now will be able to salvage part of Sunday but it is certainly.
"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 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 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 WWL
"Get a lot of people angry here tech Simpson. Had a colon. Oscar be scheduled got a call from the doctor said I had to pay almost four thousand four they can do the procedure. Dr the insurance provider. They said it was coded indirectly. They only had to pay seventy five dollars. Wow. For me to have that done. Somebody would have to pay me thousand dollars. I know a lot of people again angry when I say that body Charlie high. So continuing your story you had twins. And they tell you you eight thousand dollars, right, right? Seventy eight Trump's. This buddy of mine said, hey, hey, right. Sean did I wrote an insurance commission attached all my bills explained to them that look I don't care about the first shot apply. The second child the way the insurance rates if complications arise. Then major medical fiction, and I just felt like the undiagnosed twin? Was the second surgery. The second section delivery, not the vaginal delivery. I thought that was complications. Mhm? Rotate assurance commission. Never heard of thing about three months later. I get a check in the mail. Eight thousand dollars insurance company. Man. I call the insurance Commissioner got a hold of the fellas. John Hancock on that ladder and said, man, he just they paid any show all these shirts. You know, Charlie. Let me tell you. Let me tell you. And I've heard this, and I'd like to hear from people you can call anonymously if you work in medical offices a lot of times the insurance companies drag their feet because they don't wanna pay and in your case. And I'm glad you didn't name the company if they got new to pay that eight thousand dollars, even though they should have. They wouldn't have said a word. No. And then about four years ago. I got a picture property up in power town. I had a Hobo shock. I'm a track. And I got a tremendous splinter in my hand right below myself. Awful the splinter out with today's later. I wake up whole hand looks like the hulk blown up in purple. So. They don't do anything. I just cleaned out and leave it Niscaye Toshiba itself with Tom say every week. I was back to the anti fascist inch bachelors and I get the villain ninety eight thousand dollars. She twelve minutes on the operating table. I'm not I'm not laughing at you. Charlie. Just the. Our shit, man. I told him you should treat treated piece of off always said that thing is so loaded with twenty shelving chemicals. It was like, you're stuck hyperthermic home. Put every chemical you to think. Oh on a mission. You're stuck it in your? So say I called the hospital I went into the financial place, and they just want to scratch of a pin drop the Bill from ninety eight thousand sixty eight thousand. Didn't have insurance. Better than that. Or we can set up a payment plan plane. We gotta go. Thirty grand off. But I mean some paying for the hand. Dollars a month on sixty eight thousand dollars. That's incredible Charlie. I'm sorry that happened to you. Hope you twins are doing well ninety eight thousand dollars this like a mob. I gotta said take the hand coming back talking to you about hospitalization and insurance and horror stories bagging, a flash wwl Tommy, Tucker and up to the minute news, sports, weather and traffic on WWL. The news, talk and sports leader..
"eight thousand dollar" Discussed on CNBC's Fast Money
"Up but we can say orders of magnitude and hate to be vague about that but i think that this has the most upside to all large cap tech all right jeanne thanks to the stargazing we appreciate it gene of loop then chirs heart of the chart look today on this reversal this is highly name the bigger picture is this we know that this stock came out of the gate in two thousand ten and no one quite knew real not real and then in march of two thousand thirteen at twenty five bucks it went up tenfold to march fourteen and essentially has been sitting there ever since meeting the market took it from five billion to about fifty and here we are at fifty six so it's working off that move the market price in all of these things that have come on now the question is is it just gonna stay stuck whereas their sum up leg like that like multiples what gene referred to my hunch is it stuck and as a trading chip sure you can make money lose money but i think they're better things to do that's great stock to trade i mean listen this stock in may was at two eighty and it kinda ran into this number and so they sold the news which is pretty clear i think it's a shame when you talk to people who've driven this car this malthus they're really like it and they're not too upset about paying fifty thousand dollars for a car there's rigid going to be thirty five for all intents and purposes i think it's really important remember the game that elon musk is playing with investors it's probably not a great one especially when you car that people really like and there's a lot of demand for it don't forget a few years ago the announced this they got a zero interest four hundred million dollar loan from letting it out so like eight thousand dollar car mass market car because maybe baby the goalposts who shifted a little bit what i'm saying is the messaging stinks okay like just keep it in put of this i got longer at two eighty i'm still long the name today when i looked at it i said should i trim at that three fifty five mark i was unhappy with the price action today i don't like that precipitous drop i would have thought once they met those production goals targets i would have thought the stock would have been four hundred dollar bid so it's making me skeptical skeptical about being anything longer than just a trade at this point you can take today's news point out any anyway you want the bowl something in their bowl something in there for bearish on some of i'm not surprised at all this is this is such a big number it's total classic sell the fact bottom is the company still we don't know whether they're still going to have a cash burn effect in the second half of the year if they jammed the bunches a bunch of stars a bunch of cars out the door just to be now cashflow somewhat neutral to positive but we don't know they can hold that i think we're where we have guys make jeans last prediction and that is that tesla is the best bet we'll see when you go into any one of their cars and you see this massive ipad like this and no dials and everything like that and then you think about what they're talking about with autonomous in sometime in the future think no one else is doing that i terms of gross margin i get it but i'm just saying you could heavy ecosystem that can be created you could see a company like google at some point when their grow starts to slow and say you know what that's our next friday used to be able to the past for.
"eight thousand dollar" Discussed on 710 WOR
"Eight eight to five five two two five mark is in san antonio hey mark how are you thanks for taking me through what's up retired military guy and disabled better well hundred percent and i have about twenty eight thousand dollars in my brokerage account and about seventy thousand miles thirty thousand on the car and i was wondering do you think it would be worth it to go ahead and close out the brokerage account and apply that towards the house or the car is it worth paying the capital gains taxes on yes and i would i would apply towards a car you have a thirty thousand dollar car well i had an old six four that i kept in condition daughter was driving record total it so i had to get in vehicle why didn't have to get a new eight thousand dollar car another question what is your household income i always small business total between my wife and i we're going about one hundred and twenty thousand a year okay and then he flew disability and everything yes sir no the disability is nontaxable that's about three grand a month from the va into that yes sir how about one hundred and a half then yes sir yes sir yeah all right that's makes a little more sense yeah let's pay the car off a sap and you need to build an emergency fund of three to six months of expenses as your next baby step and then we'll start saving for retirement and paying off the house and that kind of stuff as we walk you right up through our normal process now i have about one hundred twenty thousand dollars in a loss that i've been contributing to and i have thirty thousand dollars and i did the thrift savings plan when i was in the military and i had that converted to just a regular ira i do have about twenty thousand dollars in my money market account think i should pull maybe ten thousand on the money market and and and just keep about ten in there and pay down debt with that as well well you've only got the car debt right no i owe about seventy thousand on my home okay we we divide consumer debt and real estate that separately.
"eight thousand dollar" Discussed on The Tony Kornheiser Show
"Are they have a lot of ibm which is going to kill them in every year you have to try and get somebody to kill the ivy for eight thousand dollars or whatever it is so i'm watching this in the middle of the night and i'm watching this in the morning and i'm watching these things sway from left to right in ways that i thought i don't know how they stand up but they stand up they stand up through thursday night at midnight through friday at dawn through friday at noon and everything is fine with one exception when i wake up on saturday morning and i take the dog out i take the dog out saturday morning the door poop suck put it in the bad guy county through the alley to drop the garbage can i look in the corner of my property and a seventy foot pine tree is up uprooted and down it falls straight on the line of year was planted falls straight it has fallen is out yet okay it's out no i don't see okay yeah i don't know i didn't hear it i'm like tommy i didn't see it i i didn't know i archery fall i saw this in the morning it's fifty to sixty feet law had had fallen to the ride on an angle that would have landed and taken out the deck had and fall into the left on an angle that would have landed than maybe taken out the neighbors deck it fell straight down the property line it's resting on the fences resting on force it the is.
"eight thousand dollar" Discussed on AM 920 The Answer
"I remember away '09 i had a forty eight thousand dollar home equity line of credit that i i didn't take my advice and get the 10year line ito so this was an annual renewable line i never recommend that by the way i called it they cern of did and we need our 48 grand stroke me check take your house is you too they can take it over the over the first mortgaga right well enough but i happen to have the first in the home equity with the same group the of that amount not wanna do that either welsh ru we'll look i just wrote the czech we're not really but the point is is that you want to be careful about that stuff you know in the margin works against you women you know one when the markets tanking you know they'll come calling or they'll sell your stocks forty you know they'll call a timer to if it gets bad enough and you haven't called them back they do not ask anymore the sale you take care of recover their their interest for sure definitely something want discuss where your tax advisor new financial planner completely you should understand that whole process fully before you go diving into that a lot of risks don't recommend wanted out getting an equity line of credit to have available even those not deductible would use it but it's emergency right yeah stuff happens because bank will not lend you money when you need it threat and by the way we all know that 'cause we lived o8 l nine yeah tin beckett took probably until two thousand thirteen for they started getting loosening that they're now supposedly your money back to given away money like we were all absolutely not yet regretted credit standards are still solid not think they'll stay that way just because they made so many changes on the i you know regulatory side i've always thought it was forming that the uh change the rules and and blame it all loan moody's and as worse absolute not my four s right i've been stop here for quick break.
"eight thousand dollar" Discussed on WTMJ 620
"Sixty eight thousand dollar how the cap on mortgage interest deduction will bite some middle class uh in california to into reports last month the in stupor taxation and economic policy pound that eleven percent of californians uh would wind up with a tax increase because of the federal changes in the majority of those are are very well off right and so you know they they more likely have the ability to lead anybody hear from phil mickelson lately nine anybody hear from phil i haven't now i believe one of his daughters is in college now rank and we're asking about the gulf for phil mickelson because a couple of years ago he talked about the fact that he might want to move to was in nevada over florida i think it was iit yeah i was thinking forward but yeah yeah but leave all a foreign hand was severely criticised all right i mean the left went crazy at phil mickelson because we figured that he was in the with what he was making he was his tax burden total tax burden state and federal ended up being uh somewhere it fifty i think with fifty two point three percent right and and we figured out that the state tax alone uh and again we were doing this on rough numbers based on what he's earnings were in that particular time but we figured over a ten to fifteen year period the state taxes and he could save by moving to italy comes tax state would be roughly anywhere between fifty and one hundred million dollars over a 10year period her fifty to one hundred million dollars just by move.
"eight thousand dollar" Discussed on C-SPAN Radio
"The for eight thousand dollars these are cuts that will kill people these are cuts that will hurt people and these are clutch that should not in a humane society be allowed to take place let's support some of the harrison's amendment come for the discussion and opposition his position seen none of that amendment really decide in consideration will resume with the recorded vote taken at the agreed time the next amendment is sanders amendment number twelve chairman off filed an amendment mock santa's number twelve i ask unanimous consent that senator stop it'll be listed as the primary sponsor of that amendment but all us senator van hollen be listed has cosponsors and that senator stop and i'll be recognised off of that amendment without objection thank you very much mr chairman this would restore the one trillion dollars in cuts to medicaid paid for by reducing republican tax breaks for the wealthy add that me indicate one more time eighty percent of the tax cuts in the proposal that svend released with got tricked the top 1 percent an average of two hundred thousand dollars per person in attacks cat which is more than i the at most people in michigan make any year and actually many many low and moderate income working families would see a tax increase makes no sense on top of that here we are again with a trillion dollars in medicaid cats we just did that we just had two different proposals brought forward twice rejected by the senate a trillion dollars in cuts and wow this document doesn't specify exactly how the cats take a fact we have a very good idea both from what the houses join has senator sanders talked about and from at the grand cathay healthcare bow that at what's not supported last week because that was also a trillion dollars in cuts at that damn ended the medicaid expansion michigan healthy michigan we've cut in half the number of people using emergency rooms who can't pay the state of michigan has more dial others actually tax taxpayer dollars saved four hundred thirty five million dollars this year adb because they're not paying for and compensate karen ninety seven percent of our children in michigan can now see a doctor i don't wanna see that jeopardised it also would create at per capita cap to limit benefits reduce coverage and according to the budget office catch who may not want to listen to any more we've traditionally listen to it would cost millions to.
"eight thousand dollar" Discussed on KSFO-AM
"Six to eight thousand dollar premium increase aces massive increases in deductibles a lack of service the likes of which we've never seen a total redistribution from the young and the healthy to the sick the elderly and the uninsured and it fails in collapses to the point where almost every major ensure is pulling out i was left with one that's it and many counties so i think what forty percent of american counties have one option for insurance no choices none whatsoever that's after you've lost your own doctor in your own plan and anyway so the bottom line is now we've gotta fix up there mess now we've got to end their mess and as a result democrats are now saying well little children are going to digest back to the paul ryan throwing granny over the cliff narrative nonsense and then after that it's republicans want dirty aaron dirty water none of it is true and the good part is is that the cbo numbers and by the way they've never been particularly good at predicting the numbers of people that are actually on health insurance but yeah when you start penalizing in finding people oh for not having pal plans then i guess it becomes enormously difficult for anybody to say no and there are a lotta healthy people that would rather not have a health plan and one for years early of my adult life without any health insurance then why couldn't afford it so i didn't have it and when i fell off a roof and busted up.
"eight thousand dollar" Discussed on WTVN
"Six to eight thousand dollar premium increases massive increases in deductibles a lack of service the likes of which we've never seen a total redistribution from the young and healthy the to the sick the elderly and the uninsured and it fails in collapses to the point where almost every major ensure is pulling out i was left with one that's it and many counties so i think what forty percent of american counties have one option for insurance no oh choices none whatsoever that's after you've lost your own doctor in your own plan and anyway so the bottom line is now we've gotta fix up there mess now we've got to end their mess and as a result democrats are now saying well little children are going to digest back to the paul ryan throwing granny over the cliff narrative nonsense and then after that it's republicans want dirty aaron dirty water none of it is true and the good part is is that the cbo numbers were by the way they've never been particularly good at predicting the numbers of people that are actually on health insurance but yeah when you start penalizing in finding people for not having helped plans then i guess it becomes enormously difficult for anybody to say no and there are a lot of healthy people that would rather not have a health plan i went for years early my adult life without any health insurance then why couldn't afford it so i didn't have it and when i fell off a roof and busted up my arm and broke my and dislocated my arm and they one and operate and take out my radiohead and i said no the rate of out of my arm leftarmers the no and.
"eight thousand dollar" Discussed on WRVA
"Six to eight thousand dollar premium increases massive increases in deductibles a lack of service the likes of which we've never seen a total redistribution from the young and the health the to the sick the elderly and the uninsured and it fails and collapses to the point where almost every major ensure is pulling out i was left with one that's it and many counties so i think what forty percent of american counties have one option for insurance no choices none whatsoever that's after you've lost your own doctor in your own plan and anyway so the bottom line is now we've gotta fix up there mess now we've got to end their mess and as a result democrats are now saying well little children are going to digest back to the paul ryan throwing granny over over the cliff narrative nonsense and then after that it's republicans want dirty air and dirty water none of it is true and the good part is is that the cbo numbers and by the way they've never been particularly good at predicting but the numbers of people that are actually on health and insurance but yeah when you start penalizing in finding people for not having health plans then i guess it becomes enormously difficult for anybody to say no and there are a lot of healthy people that would rather not have a health plan i went for years early in my adult life without any health insurance then why couldn't afford it so i didn't have it and when i fell off a roof and busted.
"eight thousand dollar" Discussed on WGIR-AM
"Six to eight thousand dollar premium increases massive increases in deductibles a lack of service the likes of which we've never seen a total redistribution from the young and healthy the to the sick the elderly and the uninsured and it fails in collapses to the point where almost every major ensure is pulling out i was left with one that's it and many counties so i think what forty percent of american counties have one option for insurance no oh choices none whatsoever that's after you've lost your own doctor in your own plan and anyway so the bottom line is now we've gotta fix up there mess now we've got to end their mess and as a result democrats are now saying well little children are going to digest back to the paul ryan throwing granny over the cliff narrative nonsense and then after that it's republican 130 aaron dirty water none of it is true and the good part is is that the cbo numbers were by the way they've never been particularly good at predicting the numbers of people that are actually on health insurance but yeah when you start penalizing in finding people for not having health plans then i guess it becomes enormously difficult for anybody to say no and there are a lot of healthy people that would rather not have a health plan i went for years early of my adult life without any health insurance then why couldn't afford it so i didn't have it and when i fell off a roof.
"eight thousand dollar" Discussed on KTLK 1130 AM
"Six to eight thousand dollar premium increase researchers massive increases in deductibles a lack of service the likes of which we've never seen a total redistribution from the young and the healthy to the sick the elderly and the uninsured and it fails inc collapses to the point where almost every major ensure is pulling now i was left with one that's it and many counties so i think what forty percent of american counties have one option for insurance no choices none whatsoever that's after you've lost your own doctor in your own plan and anyway so the bottom line is now we've gotta fix up there mess now we've got to end their mess and as a result democrats are now say well little children are going to digest back to the paul ryan throwing granny over the cliff narrative nonsense and then after that it's republicans want dirty aaron dirty water none of it is true and the good part is is that the cbo numbers were by the way they've never been particularly good at predicting the numbers of people that are actually on health insurance but yeah when you start penalizing in finding people for not having health plans then i guess it becomes enormously difficult for anybody to say no and there are a lot of healthy people that would rather not have a health plan i went for years earlier my adult life without any health insurance then why couldn't afford it so i didn't have it and when i fell off a roof and busted up my a arm and broke my and dislocated my arm and they want to operate and take out my radiohead and i said no the rate of out of my are leftarmers the no and.
"eight thousand dollar" Discussed on KFI AM 640
"It done at the mall you can count that thing could buy but there is a kid grason shaw turn sixteen last month he's bringing in probably about eight thousand dollars a month fixing smartphones that's it mohan lawns not alive guard knots lyon ice cream somewhere is fixing iphones he says he has fixed iphones since he was twelve years old and last month set up a shop at a time cable outside a jack in charlie's ice cream unmanned tuck it massachusetts originally he was finding customers among his fellow high school students and then figured out he could expanded to you know old people like you and me he earned a reputation at school as a kid who could fix any phone although he couldn't necessarily do it you know how they're doing it these days you're not gino how instead of getting an apprenticeship at say the genius barred annapolis store judo how they're learning how to fix iphones they're watching youtube videos is another kid joseph cocaine eighteen he did that exact thing he watched his dad repair his little sisters iphone and then when a friend asked hey could your dad fix an iphone five he said dad i could do it then went to youtube and how to fix iphone five video watches it repairs it by senior year the kid in louisiana quit his job a bowling alley said that he was worth more than two seven dollars and fifty cents an hour that dad was going to pay him and right now charges fifty bucks to fix an iphone five screen two hundred bucks for the iphone seven plus and then you don't worry the two sets of shop in a coffee shop somewhere there is an online network as well the will help.