35 Burst results for "Fifteen Thousand Dollars"
Tiny house in wealthy Boston suburb sells for $315,000
"Our unique tiny home in a Boston suburb have sold after about a month on the market in the Boston area is red hot real estate market it's hard to find a house that sold for less than the asking price in this case maybe it's because the home involved is only two hundred and fifty square feet the home in Newton Massachusetts is on three fifty eighths of an acre it went for three hundred fifteen thousand dollars after going on the market for almost four hundred and fifty thousand according to Coldwell banker the house built in nineteen seventy is described as a tiny studio home with a completely open living space lofted unfinished basement and a new bathroom several unusual homes in the Boston area have gone for high prices in the past several months including the famous ten foot wide skinny house sold in September for one and a quarter million dollars I'm Jennifer king
California Recall Update with Larry Elder
"Larry how's it going out there in the field in california. What i think is going well The as you pointed out i clearly have the reality on the replacement side based on is whether or not percent plus one votes voters in california both to recall gavin newsom. And it's my job to remind people white. Nearly two million people signed a petition. Charlie to get this guy out of here. Almost a third of them were the very people that voted for him just two years earlier and by that i'm talking about independents and democrats. I should even at hispanics. Sixty three percent of hispanic voted for him two years ago. And now the majority of hispanics want him out largely because gavin newsom shutdown public education and before he sat down public education a kids educated in our government schools. Were already behind our scores near the near the bottom of all fifty states where we spending fifteen thousand dollars per student per year and not getting sufficient bang for buck. He also shut down the state to the point where a third of all small businesses are now gone forever and many of these small businesses were owned by black and brown in asian american people. The kind of people that people like avenue some pride themselves on caring about and so so larry. This is something that has now become a national kind of issue. The california recall and gavin newsom is very nervous and he's largely nervous because he has a formidable opponent in you and the message that you are bringing forward and you kind of set the entire american kind of political community on fire. And you've saved so disciplined. I just want to say they've tried to trap you in so many different
Why Agencies Are Great Entry Points Into Entrepreneurship but Difficult to Scale
"It's interesting that you have a technical co founder gear technical. It's also interesting that you just had an agency for a long time and now your product. I feel like that transition is one that so many people wanna make but just never quite get there. It's hard it's really hard. Why because the money's too good it's like a really high high like you get paid a lot to see work and it feels good and you get the money today. No one in my sas is offering me fifteen thousand dollars today right like it's just not the case they sign up for fifty bucks or thirty bucks or whatever you know like and so. It's very slow long crime which is great because it's very stable and whatever but it doesn't have that rush agency life is like oh you hit a big contract and this big chunk of cash the bank account and you go out and have drinks and you're just like we're doing a project for insert large company name. You know like right. There's that kind of rush to. It's really hard to say. Don't go out and celebrate. Let's focus on this product. That's going to release a year. And then you and then we'll slowly get some customers then in a couple of years after thousand day rule stuff. Who wants to do that when you go make five hundred bucks today so one of the theories on the show that we will out often is like if you're like you and you feel like you're wired to be a hustler and entrepreneur that the easiest way to get that done and to create. A sustainable pneumatic income. Is to essentially start a agency or even more focused prototype service. Do you believe that to be true. I mean it's definitely the easy way in. I think that the product is service is better than the regular agency like. I loved that that kind of came about. We never really transitioned to that. Kinda like showed up a little bit after us. We of did some things like that with some of our customers. since we were doing wholesale rip for other agencies. We did have a very like priced out. You know like this is how much it is for the customer press team and this is how much it is if you had a forum and this is how much it is. If you skin out a shop in store but it wasn't truly productized. Like are now. So i would definitely say that if you're gonna go with client work. That product is is the way to go. Because then you at least have a chance at scaling. The promise it's even that's really hard to scale. I mean even the people that we know that have really scaled product is. You're still running an agency like you can tell yourself you're not running agency but you're you're still running an agency. There's a lot of human capital involved. It's really still really hard to
"fifteen thousand dollars" Discussed on JustATouchof_J
"And get their make. Sure your right day okay. He's kneeling down right. And he has big old teddy bear behind his back. Facebook a picture. Of jesus jesus okay jesus and he got the big old teddy bear behind his back. Right and But above it says. Just trust me k. As a little girl in front of him and she says. But i love it and she got a little teddy bear in front of her. He got his here now. Basically saying just give it to me you know. Just trust me as she said. But i love it. She don't even realize that the bigger thing is behind him. The bigger thing is always behind. God he has everything that you need. But we choose to sacrifice looping she wanted a little bear no but i love it. I want it. You love relationship that you win. But you know it ain't right you love that you can cheat on your wife or you can cheat on your husband on the side but you know it ain't right you love that. She can eat different foods that she shouldn't eat. But you know it ain't right. You know what i'm saying and then gave way they want to get the weight loss surgery and then you know that ain't really right all these different things that you do that you notice not right. you know. He's saying look. I got everything that you need. The obedience is better than a sacrifice. Come over here and talk to y'all about several quick jump down on your you know i noticed for whoever is for you know whoever swore you won't get it. You won't be like all my guys yes. I haven't been being obedient his sacrifice. That's what my life is all. Maybe just just essentially. I'm just chomping out for you. You know you. I hear you saw. I wouldn't have an amazing girlfriend or boyfriend. Or i wanna go ahead. I wanna have an amazing marriage because we're talking about relationships and things ever digital. You're looking forward to that perfect partner but you're not doing what it is god to do. You know you're not you're not being obedient. You sacrificed like you know what clown on what's on my lungs too much because you know how do day you know you know. He might think you know really like them like this. So i can't put out there too much or you know i can't really tell the truth. You know like that. Cancel america had to hold something that you know you sacrifice instead of just being obedient. Just doing the right thing. You gotta do the right thing. Don't sacrifice and do the wrong thing because it just has to do a lot of fear false evidence appearing real so whoever is sport what you got going on what. I have no idea baby you know. I had checked myself robert muscle. I had to understand the yo. I've been being sold beauty gobber now here. Blessed me listen here. I can't even tell you i told you this out. My book deal thing. I am literally like yo like god. Oh no it was good. That was afflicted. I don be like with. Hold all girls like you could see. You could walk net but like. I'm a totally different person. Now i love life i understand. Really obedience is better than sacrifice and being obedient and before is on my best like nobody. This god gave me over fifteen thousand dollars to stay in the whole tomb and not all at once baby every day. I look. i'm going to tell you how much i gotcha. Aj day you got broke down. You go down. They should you gain back. And you're gonna come back and then rubbed olive oil on your skin. Tell you your skin go look amazing like and as you eat this. You have to worry about this. He been over here. Blessing me. I know about being obedient. I'll tell you right now. All i do is got me to do. I'll be chuck. Nobody nothing so. He's how going there to tell them. That is better than the sacrifice. Apparently somebody's out to go to something relationships. I got chills all over me. So i know it. Somebody's really after going through. Some are struggling with it. And you don't understand because you're not sacrificing. I mean let's because you're sacrificing their relationship you know. I guess it goes both ways in a sense because you're not sacrifice and being obedient. You're sacrificing and being disobedient. Okay so just make sure that you what it is that you have to do so everything can go the right way because once you step outside of the will of which way the relationship is going to go. God's will whatever it's not wanna go right it it won't it can't okay. You can't make it go right because it's not supposed to be that way you know and then you wonder why everything crashes and burns and why everything is all messed up and so out of control. Because you're not doing what it is supposed to. Do you know like the picture. God had the big teddy bear. He was like peterson and little girl could see the big thing. That's behind it. Behind him concede that big old bless an big old state where he's about to give a shoot one to hold onto the small thing you know you guys gotta go ahead. You gotta sacrifice you've got to give that up give that up. That's god did. He gave his only begotten son who shore believed for him shall not perish have everlasting life. The john three sixteen he sent his son. Jesus donald costs for our sins. If you believable you understand it. He's sacrifices only begotten son just so we can have life and son you through. That obedience is better than sacrifice. Jesus they was whipping madonna type of central. But he still wants to call people betray him. Judas kiss what what is best disciples. That was rocking woodham. Betrayed them but he no. He's i know what you're going to betray me. What was going to happen. They had to get him to the cross. His obedience was better than the sacrifice. Okay you understand. What i'm saying like you gotta get this so so you know a vice stuff. I don't know to you. Work it out prey on it. You know i'm just here putting the pieces for you. Does it prey on it. See what it is that you're not being obedient with like seriously say what it is is just struggling like you know like look. I know i should be doing this. Okay but you rather do that. That's basically what say you should be doing this. But you rather do that so you're sacrificing to do that as doing this. Which is what's right do what's right. God wanted to see. I mean i've been there. I know how some a lot of time doing you don't want to do what's right because you afraid but it's always false. Evidence appear real. Jump over the hurdle. And do what's right. You will see. The obedience of dole was right is better than the sacrifice of not like you ever had some idea wrong. Look okay you ever. Do you wrong any do you own right and you think day living your best life not not living your best life. No not unless came. Uni apologizing audit to get yourself together if you know apologize to you none of that time. So they are here. Just doing what it is they do. It just left you like that. Like all jacked up. Not they ron you. You have to understand that they are not getting away with that. You re what you so. That's what god wants you to do. What's right he wants you to understand. Because you're gonna reap the bed that you so you to read the thing who sacrificed you gotta do right okay. That's what it's about trying to tell you might do right all the time. Look i get off here right now. Somebody pissed me off. And i've been cursed my.
"fifteen thousand dollars" Discussed on The Rush Limbaugh Show
"My pleasure pleasure to Put point Recently the politicians have been talking about trying to bring industry back to the united states goal. The point is if they hadn't given the way they wouldn't have to bring it back policy driving industry away from our country years right so the question is if you're trying to solve this problem you know what it is caused the problem. Well i don't believe anything. What caused the problem because if they did they tell us what it was what they're gonna do to fix it so a couple of things that caused the problem Number one of them is corporate taxes regulations driven out of business or the country and income taxes. So i have a quick analogy like deposit. And here's how it goes. They can typical auto workers. Gm hundred twenty thousand dollars per year. He's gross and for the sake of this simple analogy. Let's just say that the tax rate is fifty percent so sixty thousand dollars is taken out of his pay. He gets sixty thousand to take home. He's happy about that's what he sees every year. That's where he lives on. The problem is about sixty thousand dollars. Just take it out that has to be paid by the company which really paid by the company because have the pass all the costs under the consumer the consumer pays sixty thousand and that's sixty thousand goes to the government that it's actually a penalty on hiring workers so high taxes go the more. The penalty is and the more that consumer has to pay for the sake of our simple argument all of a sudden if you could wave the magic wand and make that sixty thousand dollars or fifty percent then all of a sudden all the prices on holiday products in america the simple analogy would be half-price. Nothing but a thirty thousand dollar cars. You only cost fifteen thousand dollars..
"fifteen thousand dollars" Discussed on Building an Indie Business
"Building and me business and the center of venture capital. I m alex. Edmonds also known as supreme him on the internet unnecess- the building in india. Business podcast all right so For this episode. I i guess my ideas from the episode of brendan. I talked about how the internet provides opportunities And i want to go into detail about that for this episode so for this episode. I'm going to be talking about How things were before off for certain industries. And then i'm gonna talk about how you can do it now right. So maybe talking about Hot how like writing books Podcasting music Are buying an creating art investing learning networking and jobs movies. So yeah that's let's get into it right. The internet creates diy opportunities so for writing a book. You had to get a book deal. Pay editors have the dvd not label. But the the housing company oh the publisher publishers of word. I was looking for the publisher. It they take cut of the profits. And you're making one dollar book right so now with the internet you start a free blog. You click people's email you write the google. Docs you edit it with grammar. Use photoshop to create the cover. You sell it with stripe. Checkout subsribe You stub stack to distribute your stuff and then you're published author right Do you can do all that yourself right so then for podcasting now so before podcasting you you were on the radio. That was the the pre podcasts. Saying version of podcast. And you need fifteen thousand dollars to start a radio station right so just to start so now you can start a podcast for the cost of caproni and a mike. Yeah and then yet. Caproni twenty dollars a month and you can get a mike for thirty dollars.
"fifteen thousand dollars" Discussed on The Breakfast Club
"Somebody called me meghan mccain last week and i crack the hill up mark yes. Somebody called me begging came in the comments. So i think it's like take it with a grain of salt and i've honestly learned a lot of this to from flame. Is that you know people have lots of things to say. But at the end of the day you're still watching the show so it is what it is. You know what. I mean But on the naomi osaka front. I also think that i wanna applaud her for understanding that she needed to keep saying in order to do her job. Because i think in a lot of ways you know black women specifically we criticised in these. You know large arenas for how we act or you know our attitude in these different things you know. We've seen it time and time again with serino. When she's at the french the french open you know she's got in criticized for yelling at the pyre because she has to defend in saying you know that she's not being coached in the middle of her match or when she has an outburts at a press conference. It's oh she's unprofessional. she's uncouth you know. All of these. Negative derogatory terms at the media puts out towards her. So i want to applaud and homies. Asaka for saying that. You know. I can't do this and taking the fine and then ultimately saying fine. I'm just going to withdraw from even participating you know. So she's a fabulous talent and she knows what she needs and she did what she needed to do. So for those who may be wondering what we're talking about if you're not familiar Lauren an open the show talking about naomi osaka when she announced monday that she would withdraw from the french open just days after tennis officials find her fifteen thousand dollars in threatened to ouster from the tournament for opting out of. It's mandatory news conferences. Missile soccer explained via twitter that speaking to the international media takes a heavy toll on her mental health. Compounding the anxiety inherent to grand slam tournaments. Let me tell you what i love. I love that. She chose her integrity over the money. Find me. I'm pulling out because i'm talented enough and i'm young enough..
The Trial of Sacco and Vanzetti
"The crime itself took place on april fifteenth. Nineteen twenty a security guard named allesandro bernardini. And a paymaster named frederick param mentor were delivering the payroll for the slater. More shoe company factory in braintree massachusetts. The men were carrying two large steel boxes full of cash when they were approached by two men and shot dead in the street. The two men took the boxes of cash containing over fifteen thousand dollars and fled in a waiting car to make very long story short. The police suspected italian anarchist based on previous similar crimes. When running up a lead on the getaway car they found connections with people who had weapons that mashed the ones used in the crime. This led them to sako and vans. eddie when asked about guns. They said they never owned any yet. They were carrying firearms on their person at the time they were placed into custody and charged with murder on may fifth and the trial began june. Twenty second i'm vastly over simplifying the case at this point and how they were arrested but suffice to say they were arrested and this is where the real story starts. The trial was a mess on many different levels. The prosecution relied on ethnic differences between the italian defendants and the jurors. There were conflicting testimonies. The witnesses claimed that they saw different things and they had different stories for each defendant. There was conflicting ballistics testimony. The defendants politics were also brought into the trial to prejudice the jury against them. It was also brought forward that both men went to mexico. Nineteen seventeen to escape the draft for world war one. A defense committee was founded soon after their arrests. But they didn't really help during the trial vans eddie. At one point claim that their defense was so bad that they might as well have been working for the prosecutor's on september fourteenth. The jury took only three hours to find both men. Guilty of murder after the indictment. It's believed that the galliani organization began a bombing campaign in retribution in addition to a series of mail bombs sent to us embassies around the world. They were also responsible for the wall. Street bombing of september sixteenth. That bomb killed forty people and injured one hundred and forty three. It was the deadliest terrorist attack in american history up until that point at the same time of the trial. Most people in the country still hadn't heard of soko and vans eddie. The trial itself was really only reported on boston. It was only after the trial when the reports of how these men were treated were made public that the men became a cause celebre.
"fifteen thousand dollars" Discussed on Questlove Supreme
"Every day i started put james on songs letting seeings mr gordon to hear it. Finally they signed him up. He was by all this law values and grew okay. He was this no he just. Marcy was all he's just different. I like is what james has really nice tone in his mid range where he doesn't like to see he likes to go up. High kind of piercing. Yeah james he did a record And i know we'll get to james that record years ago with dj quick divorce song. Yeah i heard the song. I thought it was you because i just heard it the credits in front of me. I was like yo l l killing this and then when i saw chris oh shit this is james james right so many times a i got man of not you wanna do is. Math is more with mckee's so we can get along as friends for for the special way album especially with torn behind it. I know you guys toured with luther vandross. What was that. Like amazing luther vandross was like The uncle and the papa He was he was the coach. He was principal heads kubat. We was like his brother said he was like the whole time we loser. He was disciplined in us teaching us the wrote. I mean we got on stage a minute late on time. And he find find us fifteen thousand dollars day Fifteen thousand dollars comes collected. He looks like after he say he'd come back and be like with money. Yep but see the thing is we were in union halls averages goals they was done him and he said no. Y'all got pay me you can't you can't be on too late. You can't get off too late in the union halls and then radio city music hall. That's when we go. That was fine of the barges law..
"fifteen thousand dollars" Discussed on Work In Progress
"Service provider because of these extraordinary result and now getting funded directly from the state to expand this program going forward so for incredibly excited in this particular program. Are the people being trained. As is their cost for them. Zero cost they enroll for free. That's fantastic that's a great outcome and a great return. The investors basically took on the rest. Saying you know what we might lose money if this doesn't work and the government is seeing assurance that they are getting results for the taxpayer dollars being devoy and another chapter you talked about the career impact bond. How different is that. It's completely different. You think about the social impact on as a mechanism to enable governments to pay for success. The korean bond is a mechanism to enable students to pay for their own career. success earlier. We talked about how students just take on debt right now to finance the educational and training journey. Not knowing it's the program will pay off or not. An impact bond is basically a different kind of income share agreement that places. The worker at the center of the model to make sure that Students only repay the cost of tuition. If they find gabe broncos keep that good job over time. And what is your example in the book of the career impact on the income share agreement. It's chapter seventeen. I'm sorry to be nerdy and naming lives nerdy stuff great Chapter seventeen highlights out partnership with general assembly. Have you heard of general assembly. The coding bootcamp. Oh oh yeah absolutely. I actually had jake on a couple of times. Jacobs fantastic at least lewin the new ceo. She's fantastic tobbaco tree. Who has been just an extraordinary honor from the beginning and tom leads. The impact program has really been The co architect of the cream pack on with general assembly. You're familiar with the coding bootcamp. It's a for profit and they've had tremendous results right. It's an immersive full-time fifteen sixteen week. Coding bootcamp they trade software engineers. They trained people in Design another programs and yet. The price is not insignificance. Fifteen thousand dollars to go through that force and the people that we care about and we target explicitly. People who are unemployed underemployed low income and on public benefits. We target people who are unemployed. Underemployed people who are low income special Having been on public assistance have been on the tax credit. People who've been in the justice system. Is sarah so we're targeting people who could never afford to pay fifty thousand dollars nor do they have the credit to borrow fifteen thousand dollars importantly these folks also face other barriers. Be on the tuition costs right. They often have to get wrap around. Supports may be Helping living costs support like childcare transportation red et cetera. So we build the Impact on model with general assembly with this specific mandate in mind is that. How do we help these folks get onto pathways up economic mobility so we would fund these people that meet our eligibility criteria to take the career impact side emmy relied so basically the cram bond is built to enable votes face these barriers get onto pathways of economic mobility is basically a student frenzy income share agreement model with these wrap around supports that i mentioned with downside protection. You make sure that only people who pay are the people who find a job that pays over an income threshold. So the four dimensions of income share remained the income threshold. The percent share of the income..
"fifteen thousand dollars" Discussed on The Young Turks
"The republicans. Eight democratic senators voted yesterday by the way didn't even need it. They could have hid behind mentioned cinema but other six were like no no no. I can't have my donors thinking that. I'm actually with my voters. No i want to make sure your wages are quashed and twenty five. Make fifteen thousand dollars. A year working fulltime every day got their minds. That's what chris. Coon said allah joe biden. That's what both delaware senator said. Gee shaheen said all these guys. They never meant it. Your corporate corrupt senators just like the republicans. We told you. And that's exactly what's happening now. We're gonna take a break and when we come back we'll tell you about the daily wires. Mutual aid stunt and why was trash and we have lots of other great stories to get to so make. Sure you come back. We'll see you in just a few minutes..
The M.T.A. Is Breached by Hackers as Cyberattacks Surge
"Nyc transportation authority heck using pulse. Secure zero day back in april chinese beck threat. Actors breached. the network of new york city's metropolitan transportation authority by exploiting a pulse. Secure zero day vulnerability. According to mta's chief technology officer rafael portnoy while the attacker successfully hacked into mta computer systems. They were not able to gain access to employees or customer information which portnoy attributed to. Mta's layered security controls. Mta mitigated the vulnerability on april twenty first one day. After poll secure issued an advisory cybercriminals contest defined new crypto currency exploits april twentieth prevalent russian-speaking underground forum initiated a contest calling for its community to submit new methods of attacking crypto currency and offering a one hundred fifteen thousand dollar prize to the winner according to intel four seventy one's senior vice president of global intelligence. Michael d bolt some of the top ideas so far are generating a fake blockchain front end website to steal info such as private keys and balances creating a new crypto currency blockchain from scratch increasing the hash rate speed of mining firms and botnets and building custom tools to parse cryptocurrency logs from victim machines the contest which is expected to run through september first is a reminder that criminals continue to collaborate and explore cutting edge techniques to help further their motives. Fbi confirms revival as jbs ransomware attacker. The fbi confirmed on that russian cybercriminals group revival is responsible for the ongoing ransomware attack targeting gb s. The world's largest meatpacking company the fbi issued a statement indicating they are quote working diligently to bring the threat actors to justice and quote. Rievaulx is notorious for pushing. The boundaries of the ransomware is a service industry and targeting high-profile victims including former president donald trump and lady gaga with attempted extortion schemes.
"fifteen thousand dollars" Discussed on Lew Later
"It's done with showtime yes time. So you think he's gonna be more like a like a real like a boxing event at least less of the circus that we see a driller got inspired by trailer though boy anyway now. Soccer is one of the best in the world. I don't know what she's ranked right now. I think he'd top five anyway. She recently there was a bit of a controversy. She had some media obligations at this french. Open a french tournament and she said i'm not feeling it Meant my mental. Health is not great right now. I'm going to skip the media. Obligation and then the organization had a fine in place a punishment for not meeting the media obligations applies to all players. Fine up to twenty thousand dollars. They find her fifteen thousand dollars for not doing her media obligation answering a few questions she comes out and says alright fine you take take your stance all withdrawal from the whole tournament right. Which is what she's done now and she says i'm suffering anxiety. I not great with the public speaking. I i always Struggle with the interviews. And i'm going to drop out of the tournament is what she said. I'm going to drop out of the tournament because it's becoming a distraction now. I'm just going to sit this one out right. Essentially now there was a backlash that took place. People got angry are currently angry with the organization and those that manage all the grand slam tournaments because they cause of these policies saying hey you gotta take this mental health thing more seriously. There has to be a protocol year on. You can't be taking a person who's telling you struggling and then finding them and then the same time. It's i i think about this as a fan of sports like the least just got kicked out the playoffs and i'm sitting there and watching the interviews afterwards and they're like you know they're tangibly. There's that'd be better. We got this. You got to do that. And they don't wanna be sitting there right now. Obviously they do not want to be sitting there right now but there must be some kind of a demand yes to watch them talk after the thing has taken place. I know it's been controversial and fight sports which we were just talking about because the person has just been damaged and then the microphone is there and the same goes into anything that you pour your heart and soul into that. You're then the microphone. Like all right. Explain tell us why it went like that. And you're like. I can see that as being incredibly frustrating yes.
"fifteen thousand dollars" Discussed on Awards Chatter
"Pay everyone and thank you for tuning into the three hundred. Eighty ninth episode of awards chatter. The hollywood reporter awards podcast. I'm the host. Scott feinberg and my guest today has been described by the new york times as the king of low budget or movies close quote. He made his name as a producer of two thousand seven's paranormal activity a film that cost fifteen thousand dollars to make and grossed one hundred ninety three million dollars and he has since continued to specialize in the horror genre producing the many installments of the paranormal activity. Insidious purge and sinister franchises and the hit. Two thousand twenty version of the invisible man but his success has extended far beyond the grind house to the art house as well as a producer of two thousand fourteen whiplash. Two thousand seventeen and two thousand nineteen black klansman which brought him his three best picture. Oscar nominations and of two landmark. Hbo shows the two thousand fourteen limited series the normal heart and the two thousand fifteen true crime docu series the jinx. I'm talking about the founder and ceo of blue house productions. Jason blum over the course of our conversation. The fifty two year old. And i discussed how. He wound up working as a producer for the first time on a film directed by his college. Roommate noah baumbach what led to his long friendship and ongoing collaboration with ethan hawke with whom he most recently teamed up on the acclaimed showtime limited series. The good lord bird how he was shaped by a five year stint working for bob and harvey weinstein at miramax and what it was like going independent at. Why blom house specializes in horror. And how the company manages to make a profit on such a consistent basis plus much more and so without further ado. Let's go to that conversation great to speak with you. Jason thank you for making the time. And i guess just to start at the very beginning. Can you share with our viewers. Where were you born and raised in..
Naomi Osaka: 'Best Thing' for French Open Would Be Her Withdrawal
"In a tweet Naomi Osaka says she's out of the French Open Naomi Osaka who decided not to talk to the media at the French Open says on Twitter that quote the best thing for the tournament is if she withdraws from the grand slam event Osaka is a four time grand slam champion and former number one ranked player she was fined fifteen thousand dollars after she skipped the post match news conference following her first round victory on Sunday Osaka also said on Twitter that she thinks the best thing for the tournament and other players and my well being is that I withdraw so that everybody can get back to focusing on the tennis she also wrote that she suffered long bouts of depression since winning the twenty eighteen U. S. open I'm surely after
"fifteen thousand dollars" Discussed on Reduce Debt Increase Wealth
"You wanna protect against significant losses and you need to plan what your strategy will be a if the market drops thirty percent. What are you gonna do. Are you gonna sit tight and wait it out or you're gonna sell or what any need to rebalance your portfolio regularly. What that means is you gotta have some investments do better than other investments and you wanna keep your ratio your percentages whatever. You set up initially the same so you ones that are way high some and you take that money and put in the ones that away so you still have the say a third third and third and seven and nor the noise. Which means don't do anything that somebody tells you to do. Don't when you read the paper newspaper. Whatever you're reading. Whatever information you're getting don't pay attention to it. Don't base your investing strategy off what somebody else's saying your friend my say this is a good investment. I bought a bunch of and maybe you should too. If you do your research and is something you're interested in. Maybe put two three percent in there. Don't don't go overboard. Be conservative on what you're doing. That's the soi and then i'm gonna go to another article by. I think it's aboard. An investor planner dot com ten investing principles and number one is abrasive and investing strategy is support. What kind of vesta you are and there to the principles of your investing strategy invest in the margin of safety our. Don't take too much risk. But you gotta know you gotta take some risks so too little risk is not good too. Much risk is not good at asset allocation is number one you asset allocation how you divide your portfolio among different asset categories will be the biggest determination of your investment returns diversification is vital investment diversification is. Small numbers provide enormous benefits in other words. Five investment is much better than to ten investments is better than five however the marginal benefits of adding additional investment decreases as the number gets larger until the cost become greater than the benefits number five invest for the long term short term. Things one the biggest downfalls occur. Investing strategy a truly great investors. Realize if you buy an investment at a favorable price it may take time for the market to recognize his true value long-term investments one of the most important investing principles because short-term trading usually leads to poor long term performance. This is common because many investors let fear and greed cause them to make bad decisions. The long term. We'll take care of so if you make wise investment decisions to start with cape expenses low. Most investors don't realize how much difference high expenses make to their portfolio. And then i got some numbers here. Use compound t compounding to your advantage compounding or exponential growth. They mean the same thing as a powerful financial concept. Understand how it works for you. And why dividend growth compounding multiplies the value of compounding. When i say dividend growth when you buy investments are gonna pay you give over time. Dividends should be reinvested back into that same item. That's your compound pounding. Your dividend growth. You're using the money you're earned from your investments to reinvest it to increase it. Strategy here is to build up the number shares and whatever you're buying when the price drops he still have the same number shares when a price goes up you still have the same number of shares so if the price is high and you sell it you you sow less shares if the price is low in you sell it. You sow more shares. They get the same dollar amount out. Employ risk management strategies. And you can yet to do your homework on that anticipate market volatility and make it your friend control your own destiny. No one cares about your money. More new wall street fraud conflicts of interest outrageous fees make south directing investments in attractive alternative. They're saying that the yourself if you do it yourself you're gonna have to spend hours doing research hours and hours and it's gonna take you a long time that's why once you have a x. Amount essay tan fifteen thousand dollars already invested in the market. And you've been doing it yourself. You think you're doing a pretty good job. You've had some pretty good returns. You need to consider fine and an a financial advisor. That's their job. They know what they're doing. They should be a fiduciary for food issue very meaning. They are working to your benefit and not thrown at the difference between setting up an account with a firm like a stockbroker thorough only interest in making a commission. They don't make commission unless somebody buys or sells they may say this because it it's a deal in may remain upbeat. There are mostly looking out for themselves trying to earn a commission. Financial adviser is not doing that. After a fiduciary they are looking out for your best interest you will do a survey for them so they can determine what your risk assessment would be and what your long term goals are and then a setup a portfolio a well diversified folio on your behalf. So you can meet your.
"fifteen thousand dollars" Discussed on Hearts Unleashed
"I think that there's a few really important pieces in what you said. And specifically around like when you have an emergency like being laid off or furloughed and you have that three to six months money you have the mind to recover like to bounce back to get back into action right because that's an emotional toll. Not just the money issue. You're out of work like now you're problem solving from a place of urgency and lack or scarcity and need that is not going to be your most authentic choices. You might make some pretty impulsive decisions. And so like the groundedness of setting yourself up in that way and it's not as painful as you think i love what michelle said about the way we planned for my Annual payments rate like we planned out. What is three months. Total savings will say it's fifteen thousand dollars. Okay if i want to have that. Three.
Kanye West Sneakers Fetch Record $1.8M at Private Sale
"A pair of rapper Kanye west shoes have set a new record for sneaker sales and margins are loaded with the latest the prototype Nike air Yeezy one that Kanye west wore when he performed stronger and Hey mama and the two thousand eight Grammys have sold for one point eight million dollars so the B. says the shoes were sold in a private sale to rare's sneaker investment market place it's the first time a pair of sneakers have sold for more than a million dollars the previous record holder was six hundred and fifteen thousand dollars for last year's sale of eighty five Jordan ones that Michael Jordan wore when he shattered a backboard during a preseason game in Italy
"fifteen thousand dollars" Discussed on Heartland Newsfeed Radio Network
"Cr blake eight six thank you. I don't know if people remember there was these things called crypto kitties at some point or something like that. I think that's what they were at theory him. I don't know what exactly they were. But they were a token on the theorem network. Who you could buy a digital. Kitty i think you could fight them with one another. Yep and you could grow your katie farm and you could breed cats and you could sell cats and it was stupidly expensive like some of this stuff like a hat for your cat. Calls to three hundred dollars is it was stupid. Oh yeah and people were. Buying people are loving it and the down the entire network with this thing. Jesus it was bad for him. No it was good for theory but it was it. There was so much traffic on it. That you couldn't do anything else with it. it was just slow well The thing about the crypto kitties. I didn't like i. E just showed me them like a few months ago is they just weren't very cute like i wouldn't be all these so cute. They were really like cartoony almost monster hugging if they're like q. Like nintendo style. That would be way better so you have a story about something similar. That's happening today or happening in the world today rather yes. This is crypto horses. This from sports echo says people are breeding digital horses and spending real money tamagotchi churchill downs in don't necessarily new as you mentioned. Ten dogs allows people to basically spend money too. I don't know what you didn't intend. Dogs play with dogs. I guess there's no actual horse and you're buying a digital horse but now a horse per my husband is a black hole that you throw money into so could you. Oh you're throwing money into it makes sense well. I used to have a friend who had an account on deviant art and she just drew horses and people would pay her for them like she'd put watermarks all over them so you couldn't screenshot her horse but then they would get the physical artwork right. It was still digital aside. I always thought that was weird. I thought this was going to be like the same thing but this is more like a game where they can breed them an own them. Do they charge you to do all of this stuff breed and on. I'm sure they do well. They used to buy them. You have to pay for them. It says that is now up to nearly eleven thousand horses sold with another eight thousand bread spread across three thousand six hundred so-called stables rare to ask. Okay you're about to tell me what we're horses cost. Rare horses are now regularly selling for more than fifteen thousand dollars. When horse is role with crypto enthusiasts. Zora this one horse sold for more than four. One thousand two hundred thousand dollars. I understand cryptocurrency is up. it's going to the moon. But for god's sakes people they have nothing else to do with their crypto..
"fifteen thousand dollars" Discussed on Hearts Unleashed
"Sorry but like so happy and so proud of herself to pay for it herself. She had and she had you know giving up birthday presents and everything else but she paid for it herself and there was something really rewarding about that no. Nobody teaches us that anymore. It's not part of our society. It's all now now now. I want it now. It's instant gratification. And no one gives a second thought to what it means. Down the line with a mounds of death oriented. So yeah it's something we need to get back to. Yeah well. I think that instinct gratification. Pieces just important. Because that's not about money. That's a behavioral emotional thing right. And i mean i think that's where a lot of our executive comes from depression and overwhelm and like you said being upside down. I love that term But just really that we need it now and if we don't then we don't feel good and it's lean so much into that retail therapy concept and and it's not effective it is not effective because it is substance abuse. We use money like a substance and to get a hit of relief. Get a hit a feeling. Good numbing out on the pain that we might be avoiding and we just apply money or throw money at something or get a thing that will that feeling that relief only last you know maybe from the moment you bought it or for a month that you have it but ultimately it starts to wear out and then we need to do it again and again and again and that's where that credit And i wanted to say something about credit. Because we're we're using the word debt. But i think we get very mixed up that because we qualify for like a thousand five thousand ten thousand dollar credit card means that we have money and it doesn't. Is there anything you'd like to say about that. Oh honey that's just the credit card company. Make money off of you. Of course they're going to tell you qualify but are they looking at all your other bills. Are they looking at what you pay in rent every month. Are they really looking at your whole picture. They're looking at. Who is somebody. I'm going to get fourteen point. Nine nine percent interest off of them every month. And you know what they're going to rack up so much debt own then we're going out on late fees every time they can't make that payment on time they are in this business to make money off of view period. If not didn't it doesn't mean that you can afford it just because they tell you oh you. Can you qualify for five thousand dollar credit card home. That doesn't mean that you can afford that. And i mean i guess this kind of goes right into the next thing. Is that interest okay. So here's the thing here's just really quick example of interest. Let's say you put fifteen thousand dollars on a credit card..
Americans Will Spend $15,000 on Lifetime Skincare
"New report from skin store dot com says americans will spend fifteen thousand dollars on skin care in their lifetime which is insane to me. I mean i believe it. I mean go buy a car no car by skin care. It's three hundred and twenty two dollars a year. The retailer is looking at trends Stats from retailers. And also google searches and things to determine the most popular products of the past year. A couple of other things that came out of this report which will link to a found that no big surprise here. Handcream was a huge trend this year. Because we've all been washing our hands so much the other one that jessen. I've dabbled into this year and talk to you about his face tools. One of the big trends of twenty twenty one. A lot of people o'brien face tools and the last thing i thought was kind of interesting was over the last five years. There's been a four hundred percent increase in interest in men's skin care
March 24, 1934: Nellie May Madison Murders Her Husband
"Thirty nine year old. Nellie mae had enough her husband eric. Madison came home late again. He was likely carousing with another woman after all she just caught him with one a few days earlier nellie mae walked in on him having sex with a sixteen year old girl in their bed. The teenager fled leaving. The married adults with the fallout. Nellie mae and eric argued then. He started viciously beating his wife. Eric's abuse wasn't only physical however he talked down to her and claim that he only married. Nellie mae for money that he tricked her into falling in love with him because he wanted her one thousand dollar family inheritance worth about fifteen thousand dollars now amidst the abuse. Eric forced her to sign a note claiming that they weren't legally married after all. Nellie mae endured eric's physical assaults for six days. After his affair was exposed. She was desperate and scared and wanted her husband to feel that way too. So on march twenty third nineteen thirty four. She pulled up to a secondhand dealer and purchased a gun.
Silly and Misleading Retirement Calculators
"I think the main reason people seem amazed at the idea of retiring at age. Thirty forty or even fifty is the lack of real information on early retirement. In general if you type retirement calculator into a search engine these days and enter some stats about yourself. You will find some very strange assumptions. That are guiding you to think you need an absolute load of money to retire for example. I was once working through such a guide in a magazine from northern. Trust a bank that caters to the wealthy. It went something like this. Consider your goals for retirement. What life events do you need to be prepared for. The following table lists average cost children's and grandchildren's university education. A hundred thousand dollars per child children's and grandchildren's weddings twenty five thousand dollars. Assisted care facilities a hundred thousand dollars per year. Medical costs funeral arrangements. Twenty five thousand dollars trust funds for loved ones esteem and legacy planning and charitable foundations. 'wow looks like you're well into the millions before you even get to buy yourself some groceries. Another retirement calculator on cnn. Dot com has various parts to fill out dropdown boxes pre filled with hand values like retiring at age sixty five and needing seventy percent of your maximum pre retirement income constantly for the rest of your life. The drop down box with seventy percent in it did not even offer a value lower than forty percent. This percentage of income concept is one of the most anti mustache ones out there if you make two hundred thousand dollars per year just before retiring this experience. Corrupt you so much that you need a hundred and forty thousand dollars per year for the rest of your life or is it possible to maintain the same luxury standards of a person who has a merely comfortable income like forty thousand dollars per year. This goes back to the ideas of the get what you need posting. I made recently and that is why not go for maximum happiness rather than maximum consumption. I propose that maximum happiness is achieved at a spending level where you live in a comfortable space. Eat healthy foods and get to do lots of active and stimulating things with friends. That doesn't have to cost a hundred and forty thousand dollars per year or even fifty thousand dollars per year for most of us the other assumption they push on people is a very low rate of savings they assume you will less than the annual limit on 401k contributions. And don't say much about what to do if you save more than that which the high income person mentioned a few paragraphs ago could certainly do so these banks and mutual fund companies will continue to tell you that you need millions of dollars to retire because it benefits them for you to invest your money with them. Luckily it's a harmless bit of tom foolery since the saving benefits you as well but the disservice they do is in scaring people out of dreaming to save faster or to think about much shorter time horizons like tenures instead of just plain old age. Sixty five so. I'll give you a quick retirement calculator of my own adult couple with no kids or whose children are. Grown can live very comfortably on forty thousand dollars per year and retirement. My own family lives very comfortably with one child on somewhere. In the twenty seven thousand dollar range you can shoot higher or lower depending on what level of luxury water pursue twenty. Two eighty thousand dollars is a good absolute maximum sane range. But if you don't want to calculate everything out just go for forty thousand dollars and figure out how to make your savings produce that for you for a single person. It might be difficult to slice in half because you lose some benefits from sharing a house in car but you can come close to quick early retirement budgets number one in early retiree couple lives on thirty thousand dollars per year. Earning five thousand of that combined in part time luxurious post retirement careers. The remaining twenty five thousand dollars per year is generated by their savings. Six hundred and twenty five thousand dollars of total savings are required to generate this amount of passive income using the four percent rule number two an early retirees single person leaves on twenty five thousand dollars. Earning ten thousand dollars on his or her many career. Fifteen thousand dollars per year is required from savings which calls for a nest egg of about three hundred and seventy five thousand dollars. I'm working on some much more detailed and exciting sample budgets using real numbers for my own spending experiences before and after retirement
"fifteen thousand dollars" Discussed on BiggerPockets Money Podcast
"But that house doesn't exist so have enough money to make a good down payment so that you're either waving pm or you're paying a low amount of pm and then have money for all the closing costs and have money for something that's gonna break because something's gonna break and i'll just add into that that you know there's there's a stable income component to this. There's good credit there's having cash not just for your downpayment but for closing costs that you'll pay as the buyer with that transaction and then there's i think having access to liquidity your cash in reserve for that mindy likes to say that you're the amount of problems you're gonna experience after buying a home is inversely correlated with the amount of reserves that you've accumulated so if you buy a property and you have and you down forty thousand dollars and that's all you have and you have nothing left in the bank. You're going to have fifteen thousand dollars in repairs to make in the first three months. And it's gonna be a huge stressor for you if you've got fifteen thousand dollars in the bank. You're going to have no repairs and everything's gonna be smooth sailing. So i don't know that's murphy's law and that's not a real truth but but that's the way to think about it with. This is make sure that after the down payment you've got those reserves and i would say you're in a stronger position. The person that put zero percent down and got a va loan on the property or three and a half percent down and has ten fifteen thousand dollars in the bank in reserves to cover unexpected emergencies. I think they're in a stronger position than the person who is forty thousand dollars down and has no reserves right. So i think the down payment is important because it can affect your financing options. Like mindy says pm. I can be very expensive. Let's call that's private mortgage insurance. You pay an extra fee if you put down three and a half percent or a very low down payment on a property compared to somebody putting down fifteen twenty twenty five percent on a property they made pay little or no mortgage insurance on that because they're putting down more they have more equity in the property so those can all be considerations but in general i think the strong like for me. I put down five percent on my first property wide. I put down five percent because the property was. What are the cheapest. I could fight at two hundred forty thousand dollars. I only had twenty thousand dollars. And i was saving at a rate of about one thousand a month so it it taken me about four or five more years to save up enough to buy a property to buy my first duplex than to avoid. The pm is so. I put down five percent earlier. And that was a and i had some reserves. That was the right. Move for me. But i think i think it's just understanding those costs and those types of things when when you're thinking through i to highlight what you said right there. Scott you said. I had some reserves and that i i don't wanna kick it horse but i really think that you can't stress that enough. You need to have some money in the bank that you don't touch you're not it's not invested in stocks. It's easily liquid dateable because something will break and the person who is responsible for fixing the house when you own the house is you and you're not gonna come and change anything and you don't wanna go without hot water. You don't wanna go without heat or air conditioning or whatever it is that just broke. You don't want to have a leaky roof because that leads to mold which leads to some really big problems. You are responsible for making these repairs so have the money to do it..
"fifteen thousand dollars" Discussed on Heartland Newsfeed Radio Network
"Which the person behind a lot of wealth. Let's say they were nursing eight or something. that's not a highly paid profession versus a physician. That past that you know who had a five or ten million dollar life insurance policy. There are two phases for the grants. One provides fifteen thousand dollars for funeral costs the second round funds up to sixty thousand dollars for long term expenses. They're administered by the separate brave of heart fund which was established with the same mission. I'm mike mohan. This is p. ns ohio lawmakers from both parties and.
"fifteen thousand dollars" Discussed on The Peter Schiff Show Podcast
"You can keep on making those payments and hope. The house you know. Housing market improves and turns around. You could do that or you can decide screw it. I'm just gonna stop making my mortgage payments and walla matt it. I might even gonna pay my property taxes. And oh i'm not going to bother with all this small maintenance because who gives a damn because it's not really my house. The house belongs to the bank or the government. I'm just living here. You can decide to do that. And it probably will take the government to three years. Maybe more to get you out of that house. I mean especially if you plan you know. I'm not making my mortgage payments because of cove it. I'm sick. I'm afraid to get sick. Whatever kind of excuse you come up with. I'm sure they're not gonna want to kick you out of your home if you're you're sick or you're worried about getting sick or something like that so you have very good chance if you take the government up on their program to get a free house that you may end up living in that free house for many many years without having to come up with a nickel in painless and this of course is going to end up hurting the local community because if you're not paying your property taxes while you're sitting in that house because what they're not gonna do anything about it they're probably gonna wait for some type of foreclosure or something. I don't know how long it would take the county to foreclose on a home because you're back property tax it would probably just you know build up on the home. So when the government finally kicked you out or the lender finally kick you out was able to foreclose the property tax would come first so it would just exacerbate the losses to the lender which of course the loans are all going to be guaranteed probably by the us government anyway so again it's the tax payer or the holders of us dollars that ended up losing under those circumstances. But in the meantime this is going to fuel all sorts of demand for houses and it is going to help push housing prices up because now you have all these buyers coming into by their free homes with government money that enable some people who own the lower end homes to sell those homes to the so-called first time buyer and now they can trade up they can take this money and use it to buy a more expensive home so the whole real estate market benefits when you goose the lower end with these with these credits so maybe they're hoping to really reflate a gigantic housing bubble. I mean forget about how bad the last one was when it popped. They don't care about that. they just want bubbles. Because when you can't have a legitimate economic growth you know bubbles will do when that's all you can inflate and that's all they can create by printing money they don't get any real economic growth. They just can inflate asset prices. And to the extent that americans could leverage those inflated asset prices by borrowing money then they can spend it and as long as we're counting the spending and ignoring all the debt we can all pretend that we have economic growth when actually we have is inflation but i also wanna talk about the the fundamental value of down payment because you know this whole program of you know giving people fifteen thousand dollars to buy a home. A lot of it is predicated on the fact that homes are so expensive and therefore it's hard for people to save up enough money for down payment..
Giving to Create a Legacy
"When we talk about legacy planning. We're talking about you. Typically for our clients that are independent. they're financially independent. Maybe reach the financial transcendent stage. They're talking about giving the talking about making significant gifts to family or to charity. And that's what i mean by legacy doing something to provide for others. that goes well beyond beyond our lifetime. Okay so if i am making a gift some to someone My child or in my case You know i've got a couple of grandkids. Now and i wanna give a gift to grandchild. Is that taxable to the person receiving the gift in other words. Am i going to be setting my grandchild up to have to pay taxes and not necessarily know just like if you give them a birthday present their taxed on that that gift and if you're giving them significant let's they're not necessarily taxed on that on that gift so that's a simple answer. Okay all right. Well i i know that if uncle sam head his way he might wanna show up at birthday parties and start taxing gasoline difficulty. Just just saying the attitude. He's got right now anyway. What about the person making the gift. I is there any ramifications for me if i'm if i'm gonna give a large gift like that that that's where this guy gets a little complex so possibly if the gift is large enough and i and i just want to briefly give some some basic tax concepts and some rules around that not to more people but tax planning is part of financial so we need to talk about it. The basics earned income meaning wages taxable as regular income and so his income from investments like dividends and interest. I think most of our listeners know that. And if you sell an asset that you've owned for longer than twelve months for for a gain you you've realized a long term capital gain and that gain is taxed at capital gains rates which can be lower than tax rates on on regular income. That's just the basics for larger estates and here. I'm talking about very large estates currently in excess of a million. I'm sorry eleven million. Five hundred and eighty thousand dollars for an individual and twenty three million one hundred and sixty thousand for a married couple for states in gifts in excess of that amount of the federal government is going to taxed tax the giver at forty percent well for large estates. The tax could be very significant in here. I think this is really a transfer tax not necessarily tax only a death because you're making very very large gifts that exceeds those limits. Eleven eleven million five hundred and twenty three million one hundred sixty thousand. Those are also taxed to the to the person giving not to the receiver of those assets and then another. There's another level of tax at least in seventeen states plus the district of columbia. They're going to also levy a transfer tax estate tax for example in massachusetts we haven't attacked exemption of a million dollars per person and thereafter estates are taxed at point eight percent all the way up to point all the way up to sixteen percent. Taxes can be part of the conversation and and the and the planning so back to gifting. The federal tax law says an individual can gift fifteen thousand dollars to an individual per year. You can give to your grandchild. Fifteen thousand dollars in your wife can give to your grandchild thousand dollars oak. We call this. The annual exclusion anything in excess of fifteen thousand dollars is counted against your federal lifetime. Exemption which is it which we just described that eleven million five hundred and eight thousand dollars and that so it's counted against your lifetime exemption and attacks form that discloses that gift is required if it's if it's a gift of fifteen thousand dollars or less there's no tax form if there's a gift in excess of fifteen thousand dollars per person per year calendar year then there's a form that needs to be sent to the irs. That doesn't necessarily attacks do you. And your wife give gift your daughter. Thirty thousand dollars in a calendar year. No tax forms required. But if you give her forty thousand dollars you'll need to file a gift tax form disclosing a ten thousand dollar taxable gift. Now your lifetime. Exemption is reduced by ten thousand dollars. There's no tax do over. But now you've your lifetime transfer exemption amount is is a little bit less okay a little bit more detail than you might want but it's an important nation. Yeah that's perfect. Because i think that's a huge in planning for people that can afford it. Peter i'll be honest. I'm not in this category yet right. i'm not gonna. i'm not worried about going over that thirty thousand dollars a year gift. My children or my grandchildren but there are a lot of people out there that are right and they need to know this information. They need to know that can give them an annual basis. They just need to subtracted from the total mountain and play by the rules. Because you know you don't want to get yourself in trouble for sure. I think it's important. I also just from a tax law perspective. We don't we don't know what tax laws will be in the future cert. There's certainly not static in there definitely subject to change so under under the current law the lifetime exemption amount is scheduled to reduce back to the two thousand and seventeen exemption of five million dollars per person. And that's adjusted for inflation and that starts in twenty twenty six so under current law that that lifetime exemption amount goes is reduced from almost twelve million dollars down to almost six million dollars with y when you consider inflation. What happens to those people that have already. You don't reach that that mark. Maybe they've given away eleven million and then it goes back to five million per person are they are the grandfathered in i'm using air quotes there. The grandfather dinners. They're going to be any issue with that. Oh you ask a great question. And the the irs. They have determined that. There's not going to be a clawback. So yes they can make the gift now. It will always be exempt said. It's good so again. There's there's much needed information for those people that are in this situation. There's a time limit right. I mean there's there's kind of a ticking clock on on getting those gifts to somebody before it sunsets back to a much lesser amount. So the great information
Restoring Common Sense in Business
"I guess today's martin lindstrom. He's the founder and chairman of lindstrom company. The world's leading brand and culture transformation group operating across five continents in more than thirty countries is also the author of a new book. We're gonna talk about today. Called the ministry of common sense how to eliminate bureaucratic red tape bad excuses and corporate bs. So martin welcome to the show. Thank you. John is a place to hear your voice again so since the subtitle has a bunch of stuff that people think of as negative. What led you to writing this book. I tell you what. Let's meteoroid it many years ago. Charlie bell where the former former former c. e. o. of mcdonald's reach out to me and he said hey martin i would love if you could reinvent the happy meal and i said sure bring it on a just have one one condition. Can we make it healthy police and challenge. He was a really good man so he said absolutely so my vision was to make six year old each broccoli and we began with storytelling so we had the forest the forest broccoli and the cucumber with the of Tomatoes with blood and kids lofted and parents loved it and even the franchisee loved it. We will not these pilots. So i went to the headquarters of of mcdonald's chicago and they said interesting. I never heard that word before in that context so i went back to europe as it is interesting. Nothing happened for two years. Nothing was silent for julius. Finally the new happy meal arrived and it was that drum rolls. It was a happy meal as we know it today with issue sugar bone and the french fries now included an apple. And that was where. I learned that if you wanna do transformations of organizations if you want to understand your consumer company have what i call an immune system so as a consequence of that. We had to the employed two psychologists to work with me in order to understand the dynamics in the corporate world because a good idea is no longer enough. A great consumer inside is not enough. You need more and you need to understand that immune system that defense mechanism for chains and that actually led me to writing this book. Because i realized very quickly that eighty percent of your work is to operate at lack of common sense and bring it back and then to transform copies towards the good. I'm sure anyone who's worked in particularly at corporate environment has experienced. I think they've come a little bit immune to it because it's just the way it works but has certainly experienced. Can you give a couple of examples of of what what is just really common rampant corporate. Bs longtime do you have. I mean i mean. I'll just let from from the end. Kobe nine jamming on a plane. The other day. Right as i sit in my seat ready for takeoff the frankly sounding was on the speaker saying. Welcome ladies and gentlemen aboard this flight. I regret to inform you that all cabin service has been completed suspended on the entire flight. Also need to inform you that the laboratories in front of the plane has been blocked. There are only now reserved for capping personnel. And by the way if you wanna use laboratories you can use the one laboratory in the back now that was because of covid nineteen. I don't need to tell you. But then i just need to ask you. That was thirty. Seven is a rose in this in this plane. So i literally had to pass by every single one hundred and seventy nine passengers and end up in a long line where i could breathe in a freshly brewed smell of toilet mixed with covid nineteen and then i was sitting in the seat. The second idea that came up with these contact tracing forms now in the old days you had to fill out all sorts of stupid forms with no one looks at an array and so this was the latest and greatest in that innovation pipeline. And here the first question was listened to this john. it's crazy. the first question was have you been in close proximity with any people you don't know within the last to allow us. The only thing you had to do was basically just to turn your head ninety degrees and that would be a stranger sitting there so you could take yes to that box. This hakin bulks was even worse. You see people don't have pen symbol because also with us multiple devices so bright. Young talent was barring the pen from the stewardess in the very front row and that pen was not walking through the entire plane and the second chris was. Have you taught anything in one have taught over the last twelve hours. I had to tick yes to that one as well. This is the minister of common sense in reverse gear. I call it call it common sense. I call it nonsense really because he's the rally not we've completely lost sense of what makes sense and for me. Common sense is seeing things as they are. Okay and doing things as the to be done set in another way. This is super important. It is to treat customers and employees as they themselves would expect to be treated. And i do think as companies grow. They lose that sense of reality the more busy dealing with himself than actually thinking about what the customers are. The consumers want so. I have to tell you one. I work with a lot of small business owners but i early in my career took project or pretty much from anybody and so i this project with a very large corporation and it was a very small project two thousand dollars semi invoice off and i gotta check ninety days later. Of course that was for two hundred fifteen thousand dollars and change that translates to france. But that was about one hundred times what i build them and i saw. I called them up. You know i thought about cashing the check. But i called them and said you know there's been a big mistake here you know. How do we rectify this well. After getting transferred to three different people. I actually then was sent for different forms that i had to fill out in order to return money to them. But i tell that story all the time because it was it was a watershed moment when i said you know what. I'm just going to start working with small business owners we. We won't have to deal with this anymore but you're so right and and johnny. It happens everywhere. But i think he's my view about this. Frankly speaking we living in a period now was unprecedented. And i don't think there's anything anymore. Cold going back to work uncalled going forward to work and by that i mean we onto situation right now where we actually can afford to reset what we once did. Rather than desperately replicating an old format and squeeze it into new way of living. I mean think about it. We all sitting in front of suman teams eight hours a day weighted. Those holly breaks go. I don't know no on any of the calls have been sitting on. Believe me just like you. I'll be sitting on a lot of those kohl's single person ever said. Hey guys at. We just had a five minute break here at just need to go to the toilet just a hole infamy. None of what people do is put the post pitcher on the sneak out to the toilet comeback after seven minutes and pretend like they're were not no away and then they asked. The question was awesome minutes. It goes so we can go back in a circle and even worse. We then continue exactly one hour. No matter how mundane a relevant conversation is because we actually did so that problem. Thirty five minutes into the conversation but the realities. We don't wanna look like we skulking or cheating in any way shape or form so we just decide to hang on clinch on and then they alternate break up here is. I have to jump on another team guys. Sorry and that sort of the ultimate. Kat is common sense going here because my property as we adopting a world of trivialities from the past onto a new format of living. And i think right. Now it's time for us to sit alone in the stat in the sand. Basically say hey. That's redefined my daily lives. Let's break it down. See where. I'm doing things which are ridiculous. Look at things which just make sense and then build up from scratch. This is the moment to do it right. And that's why published this book now because quite frankly i haven't done it myself. I'm sitting doing it right now. Realizing how much time wasting
"fifteen thousand dollars" Discussed on This is Only a Test
"This week. Jeremy i know you don't like us talking about apple rumors we you said we. We should stop covering them. But this i felt like was a rumor at least based on the sourcing of it. It's mark gurman over at bloomberg and also the topic The i thought merited some discussion. Honestly it's been relatively quiet postseason. Twenty twenty one a news week so the big report came up this morning is about apple's vr glasses Which is a precursor to their. A are losses. I think tim cook has not been shy. In investor calls to talk about augmented reality being big Next gen computer Competing platform beyond the smartphone beyond laptops. It's a place where we anticipate that there are going to try to build another pillar of their business puts but to get there The surprising thing is that they still need to dip though toes into vr technology's first intermediate stuff which steals a nascent market but still dominated right now on the desktop side by a steam. Vr and then on the mobile side with the oculus platform Specifically the more criminal report over a bloomberg says that apple is running into some fundamental difficulties in The hardware for these. Vr glasses in that they think the processing which apple absolutely excels at they have their ultrafast emblem ships in their backwards. Errors and thirteen of pros. the anticipation is at whatever's me processing. These vr will be chip even beyond the m one chip but along the same lines. The same architecture but the fundamentals of vr glasses mic's way distribution battery all that stuff. These are constraints at every hardware maker. Working in the vr space has had to deal with over the past. You know a five to ten years and so things like fab using fabrics and As a material These are things that looks like. They're they may be dipping their toes into these other. Just bringing back daydream. Vr's like fabric model. Well dietrich was still put your phone. The inside a cloth in this. I'd fabric cardboard right and google google sheets or google linen. This would presumably be some entirely custom hardware design with their chips. Their batteries their screens. Whatever the sourcing. And the i guess. The more notable part of this rumor is that because the vr headset is something that will be an intermediate step to a r. It may not be a mass market headset. They would still report is that they would still sell it to consumers but at a quantity of maybe a two hundred thousand a year meaning apple stores would sell one a day in a world that meaning offensive. Is that what absolutely yeah. I mean i think you're only selling that. Many units is going to be like the the. What is it like the fifteen thousand dollar. Mac pro desktop thing. Where it's going to be. I mean i'm not saying it'll be fifteen thousand dollars..
Ex-Cisco Employee Convicted for Deleting 16K Webex Accounts
"I'm gonna tell you about a chap called sudesh qasaba ramesh and he was working at cisco which of course the giant technology firm working there from Midway through twenty sixteen up until april twenty eighteen where he departed the company. Okay so he spent. How many years say he was there for almost two years to fully months. After he left the company's employment he decided to log into their systems specifically some cisco systems which were hosted on an amazon. Aws server when those cloud buckets those blobs of computer mitchell. Don't kinds of clever things up there in the cloud. Do we know where he is in america. Always in the state somewhere else can start. Yes yes But he is no longer under their employees so he's no longer working with them but this is only months after he left. Let me just let me just repeat that. This was fi months after he some heat when he was able to do it. Not just he thought about it he actually did he did. He logged in Has it never happened to you. That a client has left the gates open after you no longer working for them anymore. I'm sure they have. I'm sure correct answer because you've never checked because that would be a bad thing. It would be yes. I i exactly. I'm sure there have been Companies i've worked for who haven't changed the credentials and you're working for technology and security firms Well in some cases. Yes so. I'm just saying i'm just saying i'm not surprised that just when i was working down kentucky fried chicken to him some extra bob. It wasn't yeah we'll okay but this was cisco you're right so cisco's is a big dog. Okay so five months. After this guy's finished employed he manages to log in. yeah he looks in someone. Forgot to do something. I wanted just having a nose you think or know. He's not just news around. They'll just have a curious to see if the company still doing well in his absence. He's not doing that. I wonder how cisco doing without me. No no i miss. I have yeah. Yeh we've all done it. That's why. I wonder how bad doing no i've left up shit. Grew up to something else. You're saying yes. So sudesh ramesh. He looks in to this. Aws server and deletes. Oh four hundred fifty six virtual machines. Oh boy which were being used by cisco to power. Its webex video conferencing service. Oh for god's he's trying to bring go to it's knees through its web x.'s. As though webex doesn't bring the entire world to its knees on a regular basis whenever you into it. Music video chat yet. The video conferences. You must have used it. Have you guys used webex video Yes pre pandemic. Oh yes it's been usurped by things. Like zoom zoom really has sort of caught everyone's imagination now hasn't but webex was. It's still worsley going strong in its eased by some organizations. What's the mark corporate one. So as a consequence of ramesh deleting all these virtual machines as a result of this over sixteen thousand webex teams accounts. Were shut down for up to two weeks. Imagine the impact on productivity. That's right productivity. Must have gone through the roof. Yes well we can't have a meeting. Oh darn we'll have to do some work instead over the sending email You're on mute and having all those kind of kenya hemi austria on my last call cheese every over there so they can hear you over the line. This is the way so. I'm just doing next to somebody who did exactly that on the national conference call five. Am called into the office showers loud as that two countries anyway and so sixteen thousand accounts were shut down up to two weeks cisco spent roughly one point four million dollars restoring the damage paying people to restore the autism restore them. Don't you have to just press. Go back to you control z. Issue dragged out of the track. They would have backups. Shirley we would think so. Wouldn't you and they also had to pay over one million dollars to customers in refunds. 'cause they're hosting all. These webex is for other companies. People would have had contracts and they would have had to say. oh terribly. sorry you haven't been to use it two weeks. We can haul webinars that people were not able to host yet. Not just internal inside your company but one would have been given to customers. Mike god the product marketing manager is going insane thinking like from the marketing team. Like oh there goes yeah calendar. We've got a problem. We've got to change the landing pages real to reel who's who's at full the guy did it. Yeah ultimately him. Yeah yeah. I mean like leaving your car unlocked right so if i left my car unlocked and then someone stole something from inside my car which has happened to me. Whose fault is it right. Ultimately prison stole a thing for my car because it is parked in my drive. But they're opportunist and you'd say well lock your doors dumb ass. Yes so so cisco should have looked dolls. Demolish had the kind of. I'm guessing pretty high level privileges to do that. Much damage that easily. I mean nobody locked. Is the countdown nine. A little bit. I mean jeez. Five months later. I mean i can understand if it was the day after he left but five months later. My guess is that win. Some sunlight ramesh left employment at the company. They may well have revoked his access to active directory and his ability to log into his email or something like that. But i wonder whether access to the aws server or something which was available to many people in the it poem. Maybe they were sharing credentials shared crafts. Yep and. I think that's probably what was happening. And it's hard to workout if you do share credentials inside an it team who might know those looking credentials in. It's a pain to change them. Because that's gonna affect lots of other people and lots of other services. Well not if you use a really good password manager. Well simplifies a lot right because you can change at the admin level for everybody. Yeah i suppose so if you also have services which might be logging into these systems and it may be. It's grabbing the password for everything. The real mistake here is sharing. Paul sweats right. There are teams of people where the password we'll be known to a variety of people and they'll log in they'll doing administration and all kinds of different maintenance and our work on a particular system and the thing is that they don't have individual password see can't just revoke a person's password scrape advice. We share passwords possibly shared. Yes we share passwords to run this. Podcast jimmy yes. You're not cisco though. I know we're not cisco but i'm saying we know better and we do it because the work around to do it. Any other way is too complicated like just ridiculously complicated. Can i show you cro- the if one of us were to leave smashing security to set up a podcast about. I didn't know piccoli predicament. Something in fact took off and weren't interested in smashing security any more than i would change the past or whoever remained would change the parts of those accounts. And so that you or whoever had left would no longer be a system really. Does this mean you're joining our podcast now. Is that what i'm understanding. It sounds like to me. So there's clearly some in the of cisco they should have changed the log in credentials right just like you would expect when people leave a company to hand in their badge or giving any keys which they have to look doors but shed credentials bad bad bad ideas so for something that business kercheval legs the kingdom. I mean it's one thing to say you know. Here's the marketing log in for. I don't know something really unimportant. But your admin credentials for your entire webex product. So cisco call sedition when they figured out what happened and say look. We obviously dismissed bad way and offer him a nice severance package and a hug will in a donut to get to the bottom. Exactly what his beef was with sysco. What made him do this with some months. Later is not really an act of passion is it. he was still doing. Shushing takes five months to stir it be angry with the company. But you're not angry necessarily move its customers and you're not probably angry with most of your former colleagues so remain professional. Don't take it out on them. Because what if you are though. What if you do eight all. Your fork is a justified in this case. Reminded me a little of the case of terry challenge. Do you remember terry. Childs was a former network administrator the city of san francisco back ten or fifteen years ago. I remember his name right. Well yes he infamously looked up. The city's entire network for days in two thousand and eight resets nor the admin passwords. So that only he knew them and he refused to reveal them to anybody and the excuse he gave and you know. He was arrested in things in a week and a half. Nothing was happening. Because no i'm gonna tell you the password you can't and he claimed it wasn't going to tell the bosses or the managers the passwords because he was concerned that they would indiscriminately share those credentials with third party contractors and so. He didn't like that. People were being careless with passwords. He was like l. So you so you the vaults you cannot break it and ultimately oh my go to me. The mayor of san francisco had to personally go and chat with him. He was the only trustworthy person. That doesn't sound just like a typical quote rogue employees. I think there's some mental stuff going on there because that's a baby or something. That's that's that goes beyond anyway sedation. Ramesh he pleaded guilty on. The ship has now been sentenced to twenty four months in the clink and to pay a fifteen thousand dollar fine as well and because he was here on a visa as well. I suspect he may find it difficult to stay case
People Fear What They Dont Know
"People being afraid of things that they don't understand. Yeah that's that's a great topic because in industry when you're talking to other land investors you've you certain types of jargon and a lot of times we don't remember that the public doesn't understand that type of jargon so we can use that to our advantage in some situations but it hurts us in more situations than not for instance. I know you're like okay. What do you mean by that. I could see the look on your face. After i was just i was gonna ask her an example exam so like on a on a by side. Yeah we've got to do all the paperwork for that affidavit airship you know. It's going to be really tough to get this through. But you're working with the pros. This is what we are made to do. We can get that taken care of because getting a title were cleaned up and everything. It's tough but you're working with the right team to get this done. Let's signed a purchase agreement. Let me get it done well. It's laugh at airships. Just a page They just gotta know somebody. That's not making money off this and they can sign it. Not a big deal. But they don't know that they think it's as big ordeal to get all this stuff done and we know it is what it is. Yeah yeah i mean. I feel like the more you know about a subject the more you can talk yourself out of a cell okay. I'm a big opponent of less is more like i want them to be the talker. If i'm trying to sell some land. I'll just give them the bare minimum. I don't wanna be if. I catch myself talking too much. I feel like i'm losing it already. Okay and so. That's why like the best ads. i've ever run or just just enough to get them excited. When i'm selling land. I'm i don't know man go check it out like don't ask me. It's the same like when you're trying to get someone to join the education you want someone to sell themselves on a basically right and so i don't know sometimes you see these. Ads like listing ads or whatever they're a mile long. I'm bored halfway through it on. Probably moving on at that point. Yeah no i get that. And so the flip side of that. When i when you say that i think of ads where we put so much information in it and you start using terminology that in like oh shit as an investor. I'm scared because i don't know what it is and i don't want to seem dumb for asking. I'm not gonna ask them. Do you just said and move on. And that's the that's one of those things for me that there's a fine balance in what we can provide. You wanna be knowledgeable topic to talk to it to make sure that they're they're comfortable with it but also in a way that you're dumbing it down to the person's level of comprehension. Yeah if you're talking about things that only a land investor or i don't know anything real real estate professional real estate consultant If you're talking about the things that only those people can relate to than you've missed your target on people's is already glazed over you know and you don't want that you want them to stay excited about it. Let their imagination run wild and in my experience. The only way to let that happen is just give enough information feed. Don't lie to him and don't leave things out but you're leading them in a direction to let their mind wander beautiful forty acre property. It's got. It's got a nice meadow in some trees. There's a perfect place to build your cabin. I do see this a lot to with them when you talk like say for example. While i'm i'll use our education that goes ample right someone. We talked to hear it. They sound great right. We're obviously we're not lying about the stuff we're doing it every day. it will. Then they tell their friends who have never heard of. This are never done this now. The sudden they're friends start talking way down. There's no no way in hell. This works or scam artist. Right that happens with land to buy forty acres out in the middle of nowhere for fifteen thousand dollars. Nah no way it has to be. Nobody's going to tell you that. That's and that's like you hit the nail on header. Go look at it. Tell me what you think. Let me know when you're ready to make an offer. You just did that. I did it on the phone goes. Hey man you got this. This differ seventeen thousand dollars a year. It's up next to some. Bela is gonna hunt on it. Yes you can. It's yours to hunt on. Plus you got the land on all right next to you. Okay cool well. Can i make an offer. Have you looked at the property. It will no. But i was thinking about going but i i want to know if the owner will make an offer while i'm the owner telling you go look at it. Make sure what you want and then shoot me an offer. Let's talk about it. Okay actually made an offer right then. Yeah yeah we'll take that let's go. Let's say money on a deal. I was about to jump in now. He he doesn't have any land there. But i do say size. Do you have something here right now. I've got someone who's defaulted. They'll make the payment. They've i find the my most default for the entire year are october-november really. I don't know people are trying to save for christmas. Save or they spent that money on christmas stuff. But i mean. I've got a maybe a third or late right now. Wow i don't have anything late right now but i did give my people that were a little bit trouble. People i gave them a breakthrough kovic so already know that they were three months behind. I have one guy. He's starting a business having a shift bank account so he asked me if you could send me he. He only had cash for some jobs did and he is like. We're gonna send me cash birthday card. You want to send me a check from somebody else. So he was doing that. And then Going back to of the bank account. I am way
How to Buy in a Hot Housing Market
"I recently got an email from listeners listening about six months or so has listened to well over one hundred episodes of the show. He writes that he's relatively new to investing. He's been investing for three years now, as he graduated from college in two thousand seventeen. He's been saving for his first home purchase in Austin. Texas. He writes the Austin Housing Market is very hot at the moment arguably one of the hottest markets in the country even with the recent effects of covid nineteen. He points out the median sales price in Austin has increased over eleven percent since this time last year, and there are forty five percent fewer homes on the market now versus a year ago he would like to buy a house in early twenty, twenty one. But after seeing the market conditions, he's worried that he might be entering the real estate market at the wrong time. He has heard of stories from realtors in home buyers about individuals and families putting offers of ten to fifteen thousand dollars over the asking price for homes that aren't even on the market yet only to find out, they did not win the bidding war. In short, he continues I'm wondering if you could offer some. Rules of thumb to look for as a first time home buyer in I. Hot Market such as Austin. I'm conflicted because I don't want to buy at the wrong time and potentially lose value in my home only after a few short years however at the same time if this market to continue at this pace for several years to come buying in the near future, I think might be the right move. He points out he's tired of handing over his money to landlords and would like to start building equity in a home to diversify his current return drivers. Austin is not the only hot housing market. There are a number of them in fact, nationally in the US housing is on fire. In August of two, thousand, twenty, there were five point nine million homes sold on a seasonally adjusted annual rate. That's the highest number of home since two thousand six and it's being driven because the average thirty year fixed rate mortgage at the end, of August was two, point, nine, four percent. The median single family home price in the US is up eleven point seven percent in the past year ending August twenty twenty. That's the biggest annual increase in twenty thirteen. Sales of newly built homes are up forty, three percent year over year the highest increase since one, thousand, nine, hundred, two. There have been about one million new homes built in the past year highest level since two, thousand six. The market is being driven because of the low interest rate, which is pushing up the value of all assets. Plus there's a desire for many given covid nineteen to move out of their city, for example, out more into the suburbs or the country. So increased demand and reduced supply because of concern regarding the pandemic. Some. People don't want potential buyers traipsing through their homes. Others don't want to sell because they're not sure they'll be able to find something to buy. The frenzy to purchase homes has pushed up valuations if we look at the value of household real estate. So the total value of houses and condos as a percent of economic output in the US GDP, it's a hundred and fifty eight percent. Total value of all houses divided by GDP is one hundred and fifty eight percent that's up from hundred and forty percent at the beginning of the year the all time high was one, hundred, eighty percent in two, thousand, seven, and the recent low was in two thousand twelve of one hundred, fifteen percent. This is data from Ned Davis Research. The. So the value of the housing stock relative to GDP is approaching that all time high of two, thousand seven, and then if we look at the case Schiller Index, it has appreciated since nineteen fifty-three on a real net of inflation basis of about point seven percent per year. That's the trend line. So we statistically create a trend line again, data from Davis research that trend line increases at point seven percent per year, and then we can see well, how much do current prices differ from that trend line and right now we're fifteen percent above the trendline. In two thousand, six, US home prices were forty percent above the trend line and then by twenty twelve, two, thousand, thirteen, they had fallen two point, nine percent below the trendline.
Fleetwood Mac Dreams TikTok Sensation Nathan Apodaca Checks In With Ryan Seacrest
"There he is. Look at that that is the world's famous Nathan APODACA. is now a viral sensation and he is with us. He's sideways on our zoom, but with this morning. Trying to. There you can. See now. So Nathan he is thirty seven. He's a tick tock sensation I often wake up and to beat that myself. But I'm not he is. And so what he did was he goes down looks like the Walker the street gets on a skateboard. He's got some ocean spray cranberry juice right out of the container. Singing fleetwood. Mac. While drinking the cranberry juice and crews and legs having greatest time of all times and it's gone massively. Viral forty, five, million views and counting. Tell. Tell me. What the things that? It's bizarre isn't. So the things that catch on are so random and this is random. Exactly exactly. So did you know what you were doing? No ours is honestly putting out content because you know what I mean I have to keep content out there. So I did put anything Alpha I think it was about. If seemed like a full day but I think it was like maybe. Twelve hours or so but Like I said, I needed to get something out. There is something to where my soldiers could look at. You know something make you laugh at something or something they could just five to because like I said I'm all around it with my Tiktok. Follow me. You can see that I don't dance. I. Don't just I don't just do videos. You know I I. I'm all around with it. You know it's vibe. Now, what made you decide? There are a lot of juices in the world why CRANBERRY JUICE That's just drink I. DRINK YOU WANNA and. That's even. There you guys I but yeah, it's gotta be it's gotTa. Be crasner. You know I love them all out but you know I've tried I've tried a multiple of them. You know and I just I'm stuck on Cran Raspberry showed Nathan who has this viral video which I'm putting up on our site. You can see Nathan up on our sites websites. Works at a potato farm in Idaho. Else is that right? Yeah it's a warehouse, a warehouse. Warehouse, you know potato potato what. What is your favorite kind of potato? There are so many different varieties of potatoes. What are you like? I was at the other day. If it's fast in whatever you know are fast food basically it's gotta be French fries you know what I mean. Took it. then. It's gotTa be a State Mashed Potato I like a so you know what I like to do. I don't know how well we know each other after three minutes but Nathan what I like to do. A Sunday morning as I like to get up and I like to put on my slippers and I like to go make a coffee, and then I like to call my dog Georgia and I'd like to get my car and go to the farmer's market and I like purple potatoes and I SMASH Smash. We're all all colors you know what I mean Y- of course. E But potato equality potato equity, right? Hey Man we stand for so fancy over fifteen thousand dollars in donations. It's more than that because, yes, I've been blessed get in touch with relatives in Idaho he reached out to Gino, my managers and. With that. With donations and everything. I was able to bless my family in those around me with like over I can't even remember but I think it was about fifteen thousand one worth of gifts and little bit extra for me to throw in on a place down me down payment on a place you know what I mean. Yeah hopefully, I'll be. Begin to a house soon. Good your you live, where do you live now? I live in RV in front of my brother's house right on. Okay. Well, listen you have made a lot of people smile and laugh and enjoy it. So keep it up. Mick fleetwood from fleetwood. Mac actually recreated the video over the weekend. On. And he yet direct comment to me. It was awesome. Nice. What your you seem like such a good guy. Thanks for the the smiles and take care of yourself. Okay. Hey, I'm blessed. Thank you. Ryan this is like amazing. You know what I mean. It's your brother. To stay, he's at four to zero dog faced to eight. Just see you know. Yeah it is and you're the one that took that I wanna down you took my handle. At four two, O. Dog Faced Two oh eight tiktok Nathan see about it. They say you too. Thank you.
Let's check in on those businesses that got PPP loans
"Figuring out whether business is eligible for full forgiveness, partial forgiveness or none at all can be complicated. Mark Fryer owns three restaurants in Vermont. He says how much forgiveness he receives will help determine whether it's business can survive, and that's the most terrifying artists we wanted everything. We can try to turn this into full forgiveness and not end up with debt. Especially, Nano knowing for even going to survive list Fryer hasn't applied yet. He says he's waiting to see if Congress decides to automatically forgive loans under a certain amount. Of course, that would be something we'd want to make sure we wait and hopefully lineup with some borrowers haven't even been able to apply for forgiveness Jackie London public health consultancy in Colorado. She says, her Lindor hasn't opened the portal. It uses forgiveness applications every time she sees a new email from her lender I pretty much drop everything I'm do. I go and I checked to the you know is the portal open yet? Oh, it's not okay. Just in case her fifteen thousand dollar loan isn't forgiven. She's making sure that she has that amount set aside London says she'd like to be able to spend it but can I actually spend it without that feeling? Of Uneasiness. Is this mine or am I gonNA have to give it back it's been months since Virginia based jewelry store owner. Sophie Blake. Spent her P P money to control costs. She's been trying to renegotiate her rent. We're just asking for some sort of financial read because we work close for three months and that really impacted our business like says, she'll send in her forgiveness application within the next two weeks. I'm Justin how for marketplace
Staying Confident In The Airplane
"And what I want to address this podcast and I'm hearing a lot of things like Jason I, got my private a year ago I flew pretty regularly for a few months but you know life. And just not flying as much as I wanted to, and I'm starting to lose that confidence I. Don't feel like I wanNA, take my kids up or my wife because I don't feel confident if something happens up there that I can deal with it or at least deal with it is sharply as I did the day after my check reading. So I've gotten a few versions of that story and I WANNA talk to you about how you can do this how you can stay proficient and you can stay confident and you don't have to spend a fortune to do it and I think there are three main points that I wanna make in small tweaks you might have to make to your flying. But the first one is in, you know how close this is to my how hard the standardization the idea that you can ritualized you're flying. And then remember like rehearse remember and perform the ritual of flying and so all you really have to remember is that ritual and what the ritual is designed to do is to weed out the possibility of thousands of other smaller mistakes from happening I'm great example there is the final walk around on a preflight, right. If you just remember to do the final walk around on a preflight, you might catch tomorrow on the nose wheel cinderblocks blocks on the tail Pito Tube cover. Fuel caps left off seatbelts hanging out of the door baggage compartment opened I mean I, you go on and on and on with the things that you might catch. Simply. By remembering to walk around the airplane after the preflight. Okay and that goes deep. If you want a very detailed version of all of the soap's the standard operating procedures that I teach, those are all in my book setting the standard. But that is one concept that will add huge beer flying. This is an I didn't make this operate. This is the way the professional pilots do it because they've got money in the game they've got a business, they have to take care of one of their pilots crashes. It can't be game over right not only that as you've heard me say the company's survived the accident typically. So the company has a chance to evolve develop a procedure that will prevent the. Pie The from any other pilots for making the same mistakes and they can force compliance with that procedure. That's huge. That's the whole process, and if you can get yourself to do that, you are miles ahead of the game. All right. That's one thing we'd like to ritualized the flying, and the second thing is getting rid of this idea that you go back every two years for what they used to call a biennial flight review or a flight review that is not. Enough that is not regularly. You're not going to regularly enough if you're going back every two years and the pros know this to right how often do the pros go back? I heard you say it every six months, right. So if you're a professional pilot, every six months, you go back with your instructor. Back to the training environment and you go through the ringer right you practice all of the emergency procedures, all of those things that you might need if someday. You're you're in a situation where you have an incident? You've got your family on board right and all of this training inspires confidence. So this is the feeling of confidence in the airplane comes from doing it regularly and feeling confident that you can handle the edge cases if they come up. I'm so what most people do just to kind of get US summarized here three point two when most people do is they get their pilot certificate they here. Okay. I have to get a flare view maybe they go get a new club checkout and then that's it right and then they're out flying with their friends and their kids and their wife and two years ago by nothing boy I better go get a flight review that is not a way to inspire confidence. That is not a way to feel good about what you're doing. In the pros know that. and. So the last thing I'd like to say is this is the part where we get into. This is the third point where we get into the budget. Is that there's been a lot of evidence to suggest that if you just keep your head in the game right back in the day they see if you read flying magazine or you re Flight Training magazine those are still great ideas by the way. But in today's world you've got youtube and you've got APPS late ground school and you've got you know ah so many different ways to stay engaged with aviation. And I always tell students when they come in to train. The typical question is how much is this gonNa cost me I don't. Generally answer that question as a complete daughter a mount I won't say, well, this certificate certificate is GonNa cost you fifteen thousand dollars or twenty thousand dollars. If you really pin me down on it, I will say it will cost you anywhere from fifteen to twenty five, thousand dollars. There's a ten thousand dollar. Window there depending on how prepared you are when you show up for lessons how regularly fly how busy you are all that sort of stuff. But that's not even the important part. The important part is that you really think about flying more like a monthly expense more like a habit. So when a student comes in and says or perspective, Stephen Comes in and says, I'm thinking about flying how much is this gonNa cost me I will usually say how much can you afford each month? Right? Is this something you can. Afford. To put fifteen hundred dollars a month into or is it something you can only afford to five hundred dollars a month into is something you can put an unlimited amount of money anti right I mean I just have no idea where you're coming from but the important part is you're starting to think about it like a habit that you're taking on and you're never gonNA stop. So you have this monthly expense for flying. Now, let's take A. Relatively for flying a relatively modest budget. Let's see we have seven hundred dollars or eight hundred dollars a month that we feel as though we can spend on flying right it doesn't sound like a lot when you consider your CFI's probably one hundred dollars an hour on the airplane while it's running. Over one hundred dollars an hour. So you're out there spending on, let's say, let's just pick numbers. Let's say the airplanes one hundred and fifty dollars an hour and you go out for one point five keep it keep it. You know easy math that's two hundred, twenty, five dollars right? One, fifty plus seventy, five, two, hundred, and twenty, five dollars plus your CFI you're together with your. Maybe. Instead of one point five year together for two hours it's another two hundred dollars. So we're looking at four hundred and seventy five dollars we're looking at. If you do one lesson a month after your certificate, you're spending four hundred and seventy-five bucks. You've left yourself with a budget of about three hundred, fifty dollars maybe a short two hour flight somewhere with your family. But you've flown twice in the month right and that's the way you need to think about the finance part of it think about it as as a monthly expense and try to allocate how much you're spending each month a little bit toward training and