17 Burst results for "Jordan Goodman"

"jordan goodman" Discussed on WGN Radio

WGN Radio

03:46 min | 2 years ago

"jordan goodman" Discussed on WGN Radio

"Cochran show. Buddha. Money answers dot com. Jordan Goodman, rejoins us, Justin. Do you had another China question? Yeah. I, you know, right after the GM story Jordan, do you saw the president even say we're going forward with these raising the tariffs on China is when you're talking about finance and money, and there there's political cost to that as well. When it talks about raising the fed and the president going after the fed and all that kind of we're they'll be any political pressure to make financial decisions will the president back off of raising a tariff because another another big company comes out and lays people off. I don't think. So now, he's he's says there's going to be pain before you get the game. So far. Started in January of two thousand seventeen. Yeah. I mean. January first two thousand nine nineteen if nothing else changes, which is about a month from now, we'll have twenty five percent tariffs on everything coming in from China, which is about five hundred and thirty billion dollars worth of goods that for the most part is paid by American consumers companies pass that on in the form of higher price as because then we get hit with their tariffs. Coming back. Exactly. So there's been all pain, no gain, so far so genius. He no he doesn't he's not going to change base. Now, they're meeting at the end of this week in Buenos Aires, GM Trump, and hopefully, they'll do more than just shake hands and say nice things to each other. I mean, but I just don't think either side is going gonna change. So my prediction is the full tariffs will go into effect on January first. All right. A quick lesson from the stock market because. And that's why Jordan occasionally says no, no, Steve, you're an idiot. Do this. Nothing to learn. But you're not any money answers dot com air for the rest of you. There's a special idiots site. I go to Jordan talks down Jordan, giving it a elite on stock awhile ago called in video. It's a great stock stuck it went up about two thousand percent. And then emotion got involved. And I said, oh, it's gotta be fine not paying attention to the fact that they add a bunch of bitcoin technology and went bitcoin went down. So that in video. About two hundred and eighty and that's about one hundred and forty. That's right. So so if I had sold it say to fifty to forty two thirty two twenty two ten. Any? Held onto it. So now I've made four dollars. Now, here's the rest of that story overstock dot com as a stock that's been killed. However, overstock is involved in something called blockchain blockchain is a huge deal going for it. And now it started in jump is that blockchain technology comes for this is why day traders jump off bridges. I've not one I'd never would be one. But you really you really can't just get an online broker's account and make money unless you really dive in you can put in stop loss orders as they call it. Right. So if the is so you're the stocks to eighty and you're worried to protect your profits. So you put an order to sell it up to fifty or something. The loss you're stopping the loss. So if it goes down to one forty you. Protect your gains, a simple invidious still a great company. The they make the chips that go into these crypto currency mining operations basis. What's happened? And that's a smaller part of their market. Bitcoin has just collapsed recently. It's it's down about thirty five hundred dollars. Remember a year ago is about twenty thousand a lot of people have lost a lot of money percents of this. All right. Let's talk about a couple of resources your kids are back in school about take Christmas break, and parents are going to pay for another semester tuition is through the roof. Colleges. Are I really need to be regulated? But that's my sermon. So what do you do about paying off college debt? You got we finance it to lower interest rate does.

Jordan Goodman China fed president Buenos Aires GM Cochran blockchain blockchain Justin GM Trump blockchain technology overstock Bitcoin Steve thirty five hundred dollars thirty billion dollars two thousand percent
"jordan goodman" Discussed on Talk 650 KSTE

Talk 650 KSTE

08:24 min | 3 years ago

"jordan goodman" Discussed on Talk 650 KSTE

"Four six two six Jordan Goodman, America's money answers, man, our guest, and we got Frank in Cumberland Maryland do way in this evening. Hello, frank. Welcome. How long can the US continue to borrow a trillion dollars a year? And how dangerous is a student loan and Bill loan debt. Well, we keep barring as long as people them to us. And there seemed to be willing to do that were the safest place around the world. People are fleeing particularly emerging markets Turkey, South Africa. Brazil argentina. So they're putting their money here. So we can keep going for quite awhile gyms asked me this question for what's the breaking point the number. I'm putting out his thirty trillion worried about twenty two trillion right now as far as student loan debt. We talked about that a little bit. We're currently at one point five trillion in student loan debt already the delinquency and default rate is about twenty percent, and it's going to be going higher because people just can't handle this amount of debt. But it doesn't go away in bankruptcy. The only two deaths. Don't go away in bankruptcy student loan debt and IRS debt. So it hangs over people, even if they declare bankruptcy. When you I guess, I'm missing something here when you declare bankruptcy you enter into all kinds of protection is are the laws regarding student loan debt written in such a way that it is specifically exempted from bankruptcy law protection. Yes. In the in the bankruptcy law changed in two thousand and five student loan debt was made non discharge discharged in bankruptcy. That's correct specifically otherwise no lender. Whatever length because everybody would default on this didn't loans. So yeah. That's exactly I guess. Yeah. Of the Canterbury will repossess somebody's brain. I guess. Yeah. Barth calls in from Dolton, Alabama, the Jim Bohannon show. Good evening. Hey, good evening in the dark tonight. Now, I'm saving in my car. Well, I'm glad you're you're listening to the radio and stay tuned to this station to get you through all of this. Communication is my phone and then my car. Well, good luck to you, sir. And hang right in there. Wondering if he had heard of the book the killing of a focus Sam. By Rodney Howard Brown. The killing of uncle William that that has to do with finance. Does it? Yes, sir. It has to do with win. How the Federal Reserve was formed how? The dominant industry and South Africa. The the roads that has the Rhode scholarship deal with Harvard and all that. Yeah. How hell he gang. They gain control of the the money system of the world, though, there's a muddy system of the world actually that you can get control of. Conspiratorial. But I mean, the the federal service formed in nineteen thirteen after the crash of nineteen seventy nine hundred ninety eight we're basically J P Morgan save the economy from going over the cliff. They said, well, that's not a good idea to have one guy. Save us. So let's have a central Bank to do it. It was formed on Jekyll island in Georgia. And there was a whole bunch of conspiracy theories about what happened there. But I think it's been good to have a Federal Reserve instead of not having one it this way, if there were no Federal Reserve wouldn't there have to be some institution that does what the fed does. We went longtime without a Federal Reserve. I mean until nineteen thirteen then how did how how were things like interest rates determined just free market supply. There wasn't a Bank can of tilting the fields one way or the other. I mean, the treasury was there, but there was no central Bank at that time. And so you had huge surges and the economy and big plunges like an eighteen seventy three. There was a major. Calamity depression, basically. So there was no kind of a thermostat. I guess you might say on the economy, and that's it crashed in nineteen zero seven nine hundred eight and the whole thing was about to go in J P Morgan literally stepped up and said, I'm going to save it. So that's what I said. Maybe we should do it. Another way. Do we have any statistics on just what percentage of of student loan debt is never paid back? Well, default rates about twenty percent something like that. So it doesn't get paid back. But it's it hangs out there. It doesn't disappear like credit card debt if that's written off that pretty much disappears. But student that just kinda hang one point seven one point five trillion is all the accumulated debt that has not been paid off of which roughly twenty percent is not being paid on right now. It's either delinquent or in default. What what penalty do you pay? If in fact, do you just flat say, I dunno so Sumi. I mean, I'm not sure what these people say interest rates. Go up. Penalties. They'll garnish your paycheck. They'll take your IRS refund. They they're very aggressive collecting on a student on debt. They don't just let go. So penalties interests that just really piles up and puts people deeper, and I hear some people all the time. Jim I say, you know, I I started paying and I didn't pay enough, and I eat more and more and more every year for my education was like twenty years ago. It was just pretty pathetic for a lot of people. I mean, you stop and think about it know college education is is a lot of things to a lot of people. But from a societal point of view, the important reason for a college education is to be productive citizens. And if in fact, you're borrowing up, let's say in a six figures of the data in owner, learn something that they're not going to pay you money for and as I like to say the program, it makes you the most articulate barista at Starbucks. Yup. The society has no vested interest in paying for that. I mean, financial aid should be based in large part on the percentage of people that are given major who within twelve months of graduation are actually. Working in that field of work. Statistics on that. Jim this twenty seven percents of the people who graduate end up using something it related to their major twenty-seven percent, meaning seventy five percent or three quarters. Do not end up working in their major fields in one way or the other which essentially from a financial point of view. You've you've wasted your time you've acquired. I mean, it's one thing if you have a hobby. Yeah, let's say that. Trust literature. I always say, you know. Well, okay. So I'm interested in that. Well, that's fine. But you shouldn't be paying out this kind of enormous money to finance a hobby. And as I've also noted before that's why we have somebody bowling leagues in this country people like to bowl, and there are just simply an awful lot more people who liked to bowl the people who can make a living in the professional bowling tour. Exactly. So I mean, I it just always it amazes me at all these people who want to find myself, I wanna do this or that. Well, why don't you do that in your spare time? And in the meantime, get a job. Yeah. Well, I mean, luckily, we have a good employment situation right now. And and there's a tremendous shortage of workers except the people coming out of college. In many cases, are not qualified or willing frankly to do the jobs that are available. There's something called the jolts report, which is the job openings long-term survey, and the latest number was six point nine million jobs are unfilled employers cannot find the people. To do tool and die making or plumbing electricity or climbing electric utility poles. Maybe the people coming out of college don't either have the skills or the interest in doing the jobs that are actually in the real world, which raises another point. I it's too easy to sit on your butt in this society. There ought to be economic pressures on on people like if you have student loans, you are under economic pressure to do something. And and a lot of people take jobs. They don't like, but they've got service those Juno debts over fifty percent of the people graduating today, go back and live at home because they can't service the student loan debt and have an apartment in the car and kind of get on with their lives. I mean, it's pretty pathetic. If you wind up doing doing a job, you're not particularly fond of because it pays the bills. This was I think called growing up we'll be back with more from.

Federal Reserve IRS South Africa US Frank Turkey Bill Rodney Howard Brown Jekyll island Jordan Goodman J P Morgan Jim Bohannon America Brazil Rhode Cumberland Maryland treasury Starbucks
"jordan goodman" Discussed on KTAR 92.3FM

KTAR 92.3FM

08:28 min | 3 years ago

"jordan goodman" Discussed on KTAR 92.3FM

"Four six two six Jordan Goodman, America's money answers. Man. Our guest, we've got Frank in Cumberland, Maryland to weigh in this evening. Hello, frank. Welcome. How long can the US continue to borrow a trillion dollars a year? And how dangerous is a student loan at automobile loan debt. Well, we can keep barring as long as people Leme to us. And there seemed to be willing to do that were the safest place around the world. People are fleeing particularly emerging markets Turkey, South Africa. Brazil argentina. So they're putting their money here. So we can keep going for quite a while. Gyms asked me this question before what's the breaking point the number? I'm putting out his thirty trillion worried about twenty two trillion right now as far as student loan debt. We talked about that a little bit. We're currently at one point five trillion in student loan debt already the delinquency and default rate is about twenty percent, and it's going to be going higher because people just can't handle this amount of debt. But it doesn't go away in bankruptcy. The only two deaths that don't go into bankruptcy, your student loan debt and Irish debt. So it hangs over people, even if they declare bankruptcy. When you I guess, I'm missing something here, would you declare bankruptcy you enter into all kinds of protection is are the laws regarding student loan debt written in such a way that it is specifically exempted from bankruptcy law protection. Yes. In the in the Bank of state law changed in two thousand five student loan debt was made non discharge in bankruptcy. That's correct specifically otherwise no lender. Whatever limp because everybody would default on the student loans. So yeah, I guess. Yeah. I can't very will repossess somebody's brain. I guess. Yeah. Barth calls in from Dolton, Alabama, the Jim Bohannon show. Good evening. Good evening in the dark tonight seven in my car. Well, I'm glad you're you're listening to the radio and stay tuned to this station to get you through all of this communication is my phone and then my car. Well, good luck to you, sir. And hang right in there. I had a question wondering if he had heard of the book the killing of us, focus Sam. By roddy? Howard Brown the killing of uncle William that that has to do with finance. Does it? Yes, sir. It has to do with when. Have a Federal Reserve was formed the hell. The dominant industry in South Africa. The the Cecil Rhodes that has the Rhode scholarship deal with Harvard and all that. Yeah. How hell they gain control of the the money system of the world. There's a money system of the world actually that you can get control of. Conspiratorial. But I mean, the Federal Reserve is four hundred nineteen thirteen after the crash of nineteen o seven nine hundred ninety eight. We're basically J P Morgan save the economy from going over the cliff. They said, well, that's not a good idea to have one guy us. So let's have a central banks. Do it. It was formed on Jekyll island in Georgia. And there was a whole bunch of conspiracy theories about what happened there. But I think it's been good to have a Federal Reserve instead of not having one. Labor this way. If there were no Federal Reserve wouldn't there have to be some institution that does what the fed does. We went longtime without a Federal Reserve. I mean until nineteen thirteen then how did how how we're things like interest rates and the like determined just free market supply. That wasn't a Bank can tilting the field one way or the other. I mean, the treasury was there, but there was no central Bank at that time. And so you had huge surges in the economy and big plunges like an eighteen seventy three. There was a major. Calamity depression, basically. So there was no kind of a thermostat. I guess you might say on the economy, and that's it crashed in nineteen zero seven hundred ninety eight and the whole banking system is about to go in JP Morgan literally stepped up and said, I'm going to save it. So that's when I said, maybe we should do it. Another way. Do we have any statistics on just what percentage of of student loan debt is never paid back? Well, the default rates about twenty percent something like that. So it doesn't get paid back. But it's hangs out there. It doesn't disappear like credit card debt if that's written off that pretty much disappears. But student loan debt, just kinda hang one point seven one point five trillion is all the accumulated debt that has not been paid off of which roughly twenty percent is not being paid on right now. It's either delinquent or in default. What what penalty do you pay? If in fact, do you just flat say, I don't know. So Sumi, I mean, I'm not sure what these people say interest rates, go up. There's. Penalties. They'll garnish your paycheck. They'll take your IRS refund. They they're very aggressive collecting, I'm a student loan debt. They don't just let it go. So penalties interest that just really piled up and puts people deeper, and I hear this from people all the time. Jim I say, you know, I started paying and I didn't pay enough, and I eat a more and more and more every year, even the my education was twenty years ago. It was just pretty pathetic for a lot of people. Stop and think about it. You know, college education is is a lot of things to to a lot of people. But from a societal point of view that the reason for a college education is to be productive citizens. If in fact, you're borrowing let's say at a six figures of Dennis in order to learn something that they're not gonna pay you money for as I like to say the program. It makes you the most articulate barista at Starbucks. Yup. The society has no vested interest in paying for that. I mean, financial aid should be based in large part on the percentage of people in a given major who within twelve months of graduation are actually. Working in that field of work. Statistics on that. Jim this twenty seven percents of the people who graduate end up using something it related to their major twenty-seven percent meeting. Seventy five percent or know three quarters. Do not end up working in in their major fields in one way or the other which gates that you essentially from the financial point of view. You've you've wasted your time you've acquired. I mean, it's one thing if you have a hobby. Yeah, I'd say that. Trusted literature. I always say, you know. Well, okay. So I'm interested in that. Well, that's fine. But, but, but you shouldn't be paying out this kind of enormous money to finance a hobby and also noted before that's why we have somebody bowling leagues in this country people like to bowl, and there are just simply an awful lot more people who liked to bowl the people who can make a living in the professional bowling tour. Exactly. And so I mean, I it just it amazes me at all these people who want to find myself or I want to do this or that will wanted you do that in your spare time and in the meantime, get a job. Yeah. Well, I mean, luckily, we have a good employment situation right now. And and there's a tremendous shortage of workers except the people coming out of college. In many cases, are not qualified or willing frankly to do the jobs that are available. There's something called the jolts report, which is the job openings long-term survey, and the latest number was six point nine million jobs are unfilled employers cannot find the people. To do tool and die making or plumbing electricity or climbing electric utility poles. There may be the people coming out of college. Don't either have the skills or the interest in doing the jobs that are actually available in the real world, which raises another point. I it's too easy to sit on your butt in this society. There ought to be economic pressures on people like if you have student loans, you are under economic pressure to do something a lot of people take jobs that don't like, but they've got service those Jim no that's over fifty percent of the people graduating today, go back and live at home because they can't service the student loan debt and having apartment in the car and kind of get on with their lives. I mean, it's pretty pathetic. If you wind up doing doing a job, you're not particularly fond of because it pays the bills. This was I think called growing up. We'll be back with more from Jordan Goodman, America's money answers man in just a moment..

Federal Reserve Jordan Goodman America Jim South Africa US Frank Brazil Turkey Jekyll island Jim Bohannon J P Morgan Cecil Rhodes Maryland treasury Starbucks Cumberland roddy
"jordan goodman" Discussed on KGO 810

KGO 810

04:19 min | 3 years ago

"jordan goodman" Discussed on KGO 810

"Money answers. Man Jordan Goodman is? Joining me on the? Line right now let's grab Larry and Santa Rosa Larry you're on KOA ten Yeah hi I'm wondering about. The fluctuation medals goals seems to be rocketing, downward general what get over a period? Of, time And what do you know about that and what do you think about the, future goals going lower it's interesting the. Time of all these. International tensions, normally, think gold to be going up but gold going down and other things copper has. Been plummeting for example soybeans lots of commodities are. Falling that's telling you less. Demand because of the trade wars so I. Think that's why goals is going down it's gonna keep. Going down if anybody has a place to, go today it's bitcoin bitcoins actually been going. Up a bit lately we've got down to a little below seven six thousand now it's. About seventy five hundred so. Maybe bitcoin is the goal is where people. Putting their money in times of stress Happen that way I know I just there's nothing behind bitcoin so that's what always. Makes me feel digits digital digits digital digits and. There's a lot of scammy. Ones out there that there are these ICO's. Initial court offerings most of them are scams you're right. Yeah exactly America's money answers man Jordan Goodman, is joining me on the line right now. Let's grab Dave in San Lorenzo Dave you're on ten with Ethan Bearman and Jordan Goodman Hi I'm not trying to pay pollyanna, here but if China doesn't want our. Soybean Back in the seventies people restaurants. Got in trouble because they were using soy because. It was cheaper than hamburger but now, burgers like twice as expensive as hamburger So will, they get cheaper they should because the price of soybeans itself has. Gone down a lot now whether they're gonna pass through in a soy burger I'm not sure but the cost of. Soybeans has gone down dramatically in the last you know this year, as the demand is. Going to be less, because the, Chinese are not going to be buying so I hope that does. Get passed through, to the story burger but I wouldn't count and by the way the new the really good new ones are. Not made out of soya anymore that much anyway Impossible, burger and whatnot or barely soy anymore but yeah, so that's that's, an interesting one so we got this we had the global trade. We're going, on the countries are working behind us doing their own free trade deals continue to fight increasing sheriff's hurting. The American consumer hurting American businesses and I'm curious to hear how, it's Becky people as. Well let's grab another, call here, Ken in San Francisco you're on k. o. ten with Ethan Bearman. And Jordan Goodman Yeah hi I wanted. To find out how, is this going to affect the shipping industries for trucking industries I. Mean. There's a lot of people that in especially in our state that have jobs driving agriculture products The fire or work at the port and. The shippers of course to really really hurting shipping, so a lot of companies are are destroying. Their ships they're pulling them apart because there's so little demand and it means shipping rates, go way down you can imagine. How much fewer exports are going to. Be of US going to China. But they're not taking our soybeans that's just one example. Of many things so shipping rates will go down. It's going to hurt, the shipping and the dock industries I want to go to something specific than Jordan Goodman America's money answers man joining me. On the line because I drive around. The state a, lot and here in California, and? Two cans, point so we're, not a big soy state California's we have we're, all, men's, were, amens right. We're walnuts pistachios were, tomatoes were the number one source for, things like lettuce greens Romains spinach that's exported I mean some domestic but there's. A good, amount of exports particularly the trucks driving up and down the high all over the state deliver From the fields to the, to, the, processing, facilities in. Whatever form that they've, they are you know before they get, shipped off so what you're saying is those are about to start having Jeff Example it's not California but in Washington apples are very big I heard a guy Yakama. Washington apple, farmer who said, that ninety five percent of his apples he's ships to Mexico, okay that's about to stop because the. Tariff they're putting on us..

Jordan Goodman California Ethan Bearman Jordan Goodman America Santa Rosa Larry China US ICO Washington America apple San Francisco San Lorenzo Becky Jeff pollyanna Ken Mexico
"jordan goodman" Discussed on KGO 810

KGO 810

04:18 min | 3 years ago

"jordan goodman" Discussed on KGO 810

"For that four. One five. Eight, hundred eighty eight ten Americans money answers. Man, Jordan Goodman is joining me on the line right, now let's grab Larry Santa Rosa Larry you're on k. g. o. eight ten Yeah. Hi I'm wondering. About the. Fluctuation, medals goal seems to be rocketing downward Over a period of time And what? Do you know about that and what do? You think about the future. I think goals going lower it's interesting time of all its international tensions normally think, goal to be going up but gold. Going down and other. Things copper, has, been plummeting for example soybeans lots of commodities are falling that's telling you less demand. Because of the trade wars so I think that's. Why go is going down. It's gonna keep going down if anybody has, a place to go today it's bitcoin and bitcoin is actually been. Going up a bit lately we've got down, to a little below seven six thousand now. It's about seventy five hundred so maybe bitcoin is the new goal where people putting their money in times of stress Happening that way I know. I just there's nothing behind bitcoin so that's what always makes me feel digits digital digits Digital digits and, there's? A, lot. Of scammy ones, out. There that there are these ICO's initial court offerings most. Of them are scams right yeah. Exactly. America's money answers man Jordan Goodman is joining me on the line. Right now let's grab Dave in San Lorenzo, Dave you're on KGHM with unbear- men and, Jordan Goodman Hi I'm not trying to play pollyanna, here but if China doesn't want our. Soybean Back in the seventies people you know restaurants. Got in trouble, because they were using soy because it. Was cheaper than hamburger but now burgers, I like twice as expensive as hamburger So will they get cheaper they should because the price of soybeans. Itself has gone down a lot now whether they're gonna pass that through in a story burger I'm not sure but. The cost of soybeans has gone down dramatically in the last you, know this year as the demand is going to, be less, because the Chinese are not going to be buying so I hope that does get, passed through to the story, burger but, I wouldn't count up and by the way the new the really good new ones. Are not made, out of soya anymore that much anyway Burger and whatnot or barely soy anymore, but yeah so, that's an interesting one so we've got this we had to global. Trade war, going on the countries are working behind us doing their own free trade deals we continue to fight increasing. Sheriff's hurting the American consumer hurting American businesses and I'm curious to, hear how it's affecting people as well let's grab, another call, here Ken in San Francisco you're on Keijo ten with Ethan Bearman and Jordan Goodman Yeah hi I wanted to. Find out how is, this going to affect the shipping industries the trucking industries I. Mean. There's a lot of people that in especially in our state that have jobs? Driving agricultural products Or who work at the port and. The shippers of course to really really hurting shipping so a lot of companies are are destroying. Their ships they're pulling them apart because there's so little demand and it means shipping rates, go way down you can imagine. How much fewer exports are going to. Be of US going to China. But they're not taking our soybeans that's just one example. Of many things so shipping rates will. Go down it's going to hurt. The shipping and the dock industries I want, to go to something specific then Jordan Goodman America's money answers man joining me on. The line because I I drive around. The state a, lot and here in California. And? Two cans point so we're not, a big soy state California's we have we're all, men's, were, amens, right. Where walnuts, or pistachios were tomatoes, were the number one source for things, like. Lettuce greens Romains spinach exported I mean some of us domestic but there's a. Good amount, of exports particularly I see the trucks driving up and down the high all over the state Delivering them from the fields, to, the, to, the. Processing facilities in whatever form that, they've they are you know before they, get. Shipped off so what you're saying is those are about to start having Jeff For example It's, not California but, in Washington apples are. Very big I heard a, guy Yakama Washington apple farmer who said that ninety five percent of. His apples he ships..

Jordan Goodman China burger Jordan Goodman America Larry Santa Rosa Larry California US ICO Dave Yakama Washington America San Lorenzo apple San Francisco KGHM Ken Ethan Bearman
"jordan goodman" Discussed on KBOI 670AM

KBOI 670AM

01:36 min | 3 years ago

"jordan goodman" Discussed on KBOI 670AM

"With jordan goodman america's money answers man what's about a time interest rates were sky sky high well into the double digits back in the jimmy carter era some forty years ago and then they came down and down and down and way down and they've been really way down for a long long time then they began to sort of bubble up a little bit but but no big deal and now jordan goodman what are they are they really waking up what's happening i yes there are so today the ten year treasury went up to two point nine five percent which is the highest it's been in a long time it had been a year ago maybe two percent a little bit lower than that and it's going up traveling i think it's going to go through three percent maybe up to three and a half percent at this year so some reason that's happening jim first of all the treasury is barring a huge amount of money to cover the deficits now it's wonderful we have the tax cut and helps the private sector but it means the government is collecting less tax revenue and they just had a big spending bill remember on top that they of the three hundred billion to the spending bill so we're doing less revenue more spending bigger deficits and that means the treasury has to cover it they're gonna issue well over one trillion dollars in new debt this year so that's putting upward pressure on interest rates because the fed the treasury just keeps putting out more and more debt all the time these auction that's the first thing and the economy in general is doing better meaning more demand for loans and also inflation is going up in various ways and one of the specific reasons that recently made inflation go up is the steel and loom tariffs of twenty five percent on steel and.

jordan goodman america jordan goodman treasury jimmy carter one trillion dollars twenty five percent nine five percent three percent forty years two percent ten year
"jordan goodman" Discussed on KTAR 92.3FM

KTAR 92.3FM

01:50 min | 3 years ago

"jordan goodman" Discussed on KTAR 92.3FM

"With jordan goodman america's money answers man what's about a time interest rates were sky sky high well into the double digits back in the jimmy carter era some forty years ago and then they came down and down and down and way down and they've been really way down for a long long time then they began to sort of bubble up a little bit but but no big deal and now jordan goodman what are they really waking up what's happening yes they are so today the ten year treasury went up to two point nine five percent which is the highest it's been in a long time and it's been a year ago maybe two percent a little bit lower than that and it's going up traveling i think it's going to go through three percent maybe up to three and a half percent of this year so several reasons that's happening jim first of all the treasury is barring a huge amount of money to cover the deficits now it's wonderful we have the tax cut and it helps the private sector but it means the government is collecting less tax revenue and they had a big spending bill remember on top that they out of the three hundred billion to the spending bill so we're doing less revenue more spending bigger deficits and that means the treasury has to cover it they're gonna issue well over one trillion dollars in new debt this year so that's putting up repression interest rates because the fed the treasury just keeps putting out more and more that all the time these auction that's the first thing and the economy in general is doing better meaning more demand for loans and also interest a inflation is going up in various ways and one of the specific reasons that recently made inflation go up is the steel and lumina m tariffs of twenty five percent of steel and ten percent aluminum now still that's being imported has those tariffs on it and that's making companies pay more for steel aluminum and all the things that going so those tariffs imposed yes stealing aluminum have actually gone they.

jordan goodman america jordan goodman treasury jimmy carter one trillion dollars twenty five percent nine five percent three percent forty years ten percent two percent ten year
"jordan goodman" Discussed on WSRQ Talk Radio

WSRQ Talk Radio

02:15 min | 3 years ago

"jordan goodman" Discussed on WSRQ Talk Radio

"Council i i yeah i i don't know how you feel erste i'm jordan goodman this year i just feel like i'm hyperventilating i can't i'm not sure if i'm hyperventilating come excited about making more money or i feel like i don't have enough money to get investing i usually disgracing thing that you spin a wheel in the room but you know and i love when you're here i you called me spontaneously like men saw wag what he them like hey i on recording studio yeah that's right you know and then we jump on the air so for you listening around the world you're so lucky because there are a lot of people and there are people come on that you money shows for this but it's different because you are so eclectic and you are living it so we have talked about everything over the years from really making sure like a lot of you out there think like a network marketing as the scam but i can antisomething in the global economy if you go outside of america many people in many countries only survive because they have a product that they do in a small community somebody has the shampoo or somebody as the toothpaste somebody has whatever the but the model is a very good model when you find companies that really live to their truth so that was one of the things we talked as far as creating residual income that comes in when you're sleeping don't be foolish enough do your homework to say crypto we're going to talk about cryptocurrency people think yards a scam it's going to unite these people are getting ripped off but like you said we were desai said listen i'm i am all about learning about cryptocurrency i mean obviously kodak just came out in a with crypto corn or how corn and kept whatever it is an order quarter yeah right and so dark where from six to thirteen eat it literally reposition code afsouth fourteen hundred so there's a lot of some of them are not gonna make of obviously but the but the concept of cryptocurrencies is not going to disappear it's going to get bigger disciplinary for he doesn't even know what could colonels cryptocurrency is a virtual global method of exchange where you can.

jordan goodman cryptocurrency america desai kodak
"jordan goodman" Discussed on WSRQ Talk Radio

WSRQ Talk Radio

01:31 min | 3 years ago

"jordan goodman" Discussed on WSRQ Talk Radio

"I'm danielle enemy continue talking with jordan goodman if you haven't heard of him i don't know why because he's been on every radio station probably in a co and all the news hot stations because his career in a an illustrious one is backed by 13 best sellers and we know that you know mean i think it's hard i mean if you haven't heard my program before i'm daniel end so go to daniel in dot com i just added another to the front page we added another 100 program said there is now cup hundred just on the front page but there are hundreds and hundreds and hundreds in our in into the thousands that are leaning in but i think for people like you and people like me who are just in in the market know we're just constantly in it one way or the other somewhere medium you and i get together and we're like six thousand phone numbers ladylike while you did that god and so it's exciting but a lot of people go to a job may have children they come home they don't have it in the world you know in limited in exposure of material and information so you really have to rely on either your smart fatherlike rich shed poor dad or you have to read a lottery you how to find a way to get areas off in the financial world is a lot of financial literacy people don't learn about the stuff and the result of their while a credit card debt of the investments are during aging learning about this has a big payoff yes what's the fastest way when you have a line of.

jordan goodman
"jordan goodman" Discussed on WSRQ Talk Radio

WSRQ Talk Radio

01:45 min | 3 years ago

"jordan goodman" Discussed on WSRQ Talk Radio

"There's all kinds of things around that so it's changing this whole time together with jordan goodman is about us changing the way you mix with the new economy the new world the new way of uh and has to change gear people thought i remember when i went to my stepfather's niece said don't why are you drinking water from a bottle you know but now you wouldn't imagine not drink in your eye from at least a glass bottle if you could i'm danyelian as i said we're talking the jordan goodman we're going gonna be talking about everything as we started with stocks are going to be talking about cryptocurrency what are we talking about a raise your credit score and so many of the valuable important pieces of information that when you leave this time together the walkway and going you know what i can do these three things today and when i do i know that i can change my own economy tease okay if they're doing fantastic but if you're economy is doing better and you're not seen a greater level of life then it doesn't make any sense i'm danyelian safe tuned no you're getting a cold for the start of a sniffle a tickle in your throat in that fuzzy feeling just before you go down the common cold causes more than seven five million physician visits every year in the us alone reports show the fluid spreading faster than in previous years and colder lasting longer that can impact your family there is no cure for the common cold but there are ways to reduce the impact and symptoms while boosting your immune system to help you feel better sooner research shows that pick najran all a natural nutritional supplement with antioxidant and antiinflammatory properties can shorten the duration and reduce the severity of the common cold the combination of pick najran.

jordan goodman us
"jordan goodman" Discussed on WSRQ Talk Radio

WSRQ Talk Radio

01:38 min | 3 years ago

"jordan goodman" Discussed on WSRQ Talk Radio

"The way you hugh mix with the new economy the new world the new way of and has to change gear people thought law remember when i went to my stepfather's knee said don't why are you drinking water from a bottle you know but now you wouldn't imagine not drinking from at least a glass bottle if you could i'm danielle known as i said we're talking the jordan goodman we're going to be talking about everything as we started with stocks are going to be talking about cryptocurrency when we talking about how to raise your credit score and so many of the valuable important pieces of information that when you leave this time together the walkway and going you know what i can do these three things today and when i do i know that i can change my own economy sees okay if they're doing fantastic but if you're economy isn't doing better and you're not seen a great under level of life then it doesn't make any sense i'm danielle insee tuned all know you're getting a cold started a sniffle a tickle in your throat and that fuzzy feeling just before you go down the common called causes more than seventy five million physician visits every year in the us alone reports show the fluid spreading faster than in previous years and colder lasting longer that can impact your family there is no cure for the common cold but there are ways to reduce the impact and symptoms while boosting your immune system to help you feel better sooner research shows that pick najran all a natural nutritional supplement with antioxidant and antiinflammatory properties can shorten the duration and reduce the severity of the common cold the combination of pick notching all of vitamin.

jordan goodman danielle insee us
"jordan goodman" Discussed on WLOB

WLOB

01:54 min | 3 years ago

"jordan goodman" Discussed on WLOB

"Mm place wait wait wait as dawn lien wage a great mind gain bank he dre mackay there we go either way it is unclear disease there will be a shame done so insane less holder brings to the straight win as now i'm clear where we go from here when will the great way trade well it's not clear to me certainly we have some calls for our guest america's money answers man jordan goodman before we go to those calls a very basic question why use bitcoin at all i mean that it's not like the the dollar is inflating like uh like the deutschmark did in germany in the 1920s were like the inflation that hit i think bolivia back in the the 1980s i mean it's pretty stable currency were doing everything in our power to to undercut it of course had river our economy apart with our profligate spending but we haven't succeeded yet so so why even bother with the unless it's just a a hobby for people who don't have a life it is not about inflation it's about privacy speed cost and uh the ability to move money instantly anywhere in the world in huge quantities uh using the underlying technologies call the block chang and the blocking is useful cryptocurrencies but it's going to be used for all kinds of other things as well as far as moving huge amounts of information so people do it because they want uh privacy and security supposedly them because they think it's going to act um and it's a worldwide exchange it's kind of as a certain antigovernment feeling to it as well it's not controlled by governments by central banks from people like that as well now if you're the venezuela arctic it understand why would want to.

america chang jordan goodman germany bolivia venezuela
"jordan goodman" Discussed on Before the Millions

Before the Millions

02:01 min | 3 years ago

"jordan goodman" Discussed on Before the Millions

"Today i like to welcome jordan goodman to the show hey joined how's it going regularly with your direct at hey i'm i'm excited for episode we we've kind of had a little bit before the episode if you guys don't know who jordanisrael he's nationally known as america's money answer man and has been a regular guest on fox news fox business network a cnn cnbc you name it he spent eighteen years on the editorial staff of money magazine which i think is fascinating so let's give the listeners aback groundless give them give them somewhere to start hub at your entrepreneurial journey ira while start at age twelve epa in the summer tigeroperated rhode island by followed professor brown and in the summer is we are placing high house right on the water and so i used to deliver the kid god times from eighty nine to twelve and hang around the news residences is journals and stuff this interesting so actually start ready column for the kick at times aged twelve which was called youth baseball which is about all the baseball leagues throughout kcup devils the yard with challenging the found with all these different leads so i did that for five years and i had all his presence role is dose calling intimated nawroz twelve snow but it was a i was covered in a entrepreneur journalists the beginning and then i saw it i was in the newspaper that they would do print overbrook triple papers nationally newton all these papers were wide and i asked the pressman i said what do you do this storm about as it would be modified to exit five basic either for us so i would that take the papers in my bicycle down to the ferries which would go over to martha's vineyard another target and solemn on the bus or fifty cents space so my cost goods rose zero and and not ronald papers go back and get more discreet backandforth backandforth by the other my hands were lack with eight i might have made like.

jordan goodman america money magazine rhode island martha cnn professor brown baseball ronald eighteen years five years
"jordan goodman" Discussed on Before the Millions

Before the Millions

02:16 min | 3 years ago

"jordan goodman" Discussed on Before the Millions

"This is derail aaliyah you're listening to episode thirty two of the before the millions podcast or you ready to be the master arthitect of your life or your body to design your business and investment needs that create the lifestyle you've always renter too far you ready to learn from entrepreneurs and millionaires who have achieved a certain level of success hey this is derrick location independent entrepreneur and you're listening to the before the millions podcast i am keno often i am an investor and you're listening to the they forward that millions podcast type airman even heather haven wet marketing coach and global entrepreneur said you try lifted before the millions podcast pay this is marcus quickly host of the seven minute men to podcast global entrepreneur all around a geek and you listening to the befall the millions podcast i am emcee laubscher the cash flow ninja and you're listening to before the millions bought court you're listening to the before the millions broadcast a whether you're looking to a this were cares flow build build an online business that allows you to read location independent you come to the right place mr hollywood himself presents the before the new un scott carroll yasser now your host to ray pool while a year hey will so what's going on btm community we're back again for another installment of the before the millions podcast and this episode is by your guys i told you guys in 2018 were coming at you guys with nothing but straight content actionable step by step content things you could immediately implement to get you on your way get you into your first investment property or you're next investment property this 2018 number laser focused laser focused guys on on creating wealth through real estate building up cash flowing assets guys i think that's the goal so on today's absol guys were speaking with jordan goodman now jordan is known as the american money answer man and all this because has expertise has allowed him to quite literally right the dictionary for investment and finance along with thirteen other bestselling book so he really knows this stuff you really knows what he's talking about in he pulls out so many cool tips tricks and stretch.

jordan goodman heather haven cash flow mr hollywood real estate seven minute
"jordan goodman" Discussed on WGN Radio

WGN Radio

01:54 min | 4 years ago

"jordan goodman" Discussed on WGN Radio

"At sunrise and is the co author and author of thirteen bestselling books on personal finance in jordan goodman joins us this morning good morning short welcome that's be with you there you know there are seven attack tax brackets right now in today's individual tax code the senate bill also calls for seven but changes the rate at taxable income the house bill by contrast only calls for four brackets talked to us about what does the house bill as it stands will do for the consumer well higher income people would have a walk plus taxes to pay for it comes down to yeah the bracket rates come there but the brackets are expanded dramatic i just give you one example they've so uh the top bracket now it's thirty nine point six per which kicks in at four hundred ten thousand and then come that would move up to a million so that means six hundred thousand dollars more income would be taxed a 35 percent instead of thirty nine point six percent charm as loud for brackets but that just gives you one big example so roughly a five percent cut on six hundred thousand dollars of income is going to save a lot of money for a lot of high income people the vast majority of the dollars in this tax cut got a higher income people and corporations sound opinion was just the fact they talk about a middleclass tax cut may get something but i mean that top person might get two hundred thousand and intact savings and the average person might get one or two or three thousand in the white now now about three quarters of us households would see task cuts in two thousand nineteen of the senate's tax bill while fight 85 percent would pay more now this bill gives americans obviously some more to take home in the senate bill as well but but what else does it have it in what does it mean for the individual taxpayer out of the senate bill well serb deductions credits that were used to would be going away our partly because the standard deduction would be doubling from roughly twelve thousand to twenty four thousand per family meaning about eighty five to ninety percent of people would not item us anymore more just use.

personal finance jordan goodman senate the house six hundred thousand dollars ninety percent three quarters five percent six percent 35 percent 85 percent
"jordan goodman" Discussed on WLOB

WLOB

02:01 min | 4 years ago

"jordan goodman" Discussed on WLOB

"Five five to six we have but jordan goodman america's money answers man with us this evening and before we get into uh uh just a why stocks were doing so well i want to talk to a sharon in crane missouri who called into might hello sharon i saw him sharon later i shower yes yes you're on the radio go right ahead okay one i got a comment to make minute have a question first of all i have never gotten a job from a poor man i don't have a problem at all with rich people getting a tax cut 'cause they're gonna spend that money and that means that people are gonna be having jobs because they're gonna be making the things that they're going to spend money on my show i don't have a problem with that shall now i have a question that is really taxrelated but it's about this student debt that kids are graduating with not instead of having them stuck with that debt why doesn't the government a mandate that they have to start paying that money instead of back into the government put it into and fire array and that they have to make steady deposits into that so that at the end of their retirement age when there isn't supposedly any social security they will have money to retire on a much diplomats barrel money to go to college how how's it going to pay it back if the money goes with an ira i don't understand how they're going to pay back student loans but put monday night thing became back flick you're actually doing if you're having then pay for their own social security when they retire instead of the government paying for their social security okay of the current system of social security is your pay through your paycheck him there's that's kind of a separate system the ira's in addition to social security and student.

missouri social security ira jordan goodman america sharon i
"jordan goodman" Discussed on WCHS

WCHS

02:09 min | 4 years ago

"jordan goodman" Discussed on WCHS

"Muddy answers man jordan goodman maggie thank you for taking my call sure is not an american won't do this alert it's at m employers don't want to pay legal or liberal to lead you while they're going to have to start learning to in one way they're going to have to learn is to start putting these people in prison and immediate ios i do not mean three years at hard hit us i mean serious prison time they treat the fi regarding hiring illegals in this country as the cost of doing business those fides are supposed to alter their behaviour well it's not altering their behavior let's see how thai behind the prison altogether behavior it's time we simply told us that we weren't kidding about this you will hire people legally we turn will adopted a policy on immigration which says that while we determine who gets in we'll make sure that in fact enough people get in to do what needs to be done i shall and what happened after hurricane katrina message should motherinlaw told me over the phone at the american cleanup crews who were getting kicked hours an hour they were fired a shooter latino cleanup crews arrived for five dollars an hour and the american workers would just don't after them you know workers were brought in for a place with less money of course you don't you worse they can't complain about again we that's another example of the fact that we have got to grow up and adopt an immigration policy which enforces the law i mean that's not asking too much jordan well that's right we're going to need everybody for the the massive cleanup we we need huge mass of people going down there and so that people should not be discriminated this is hard work i mean just a cleanup alone they're not even the reconstruction you've seen like these streets in houston the just everybody thrown everything out it's just massive ramallah's stuff to be taken away we need all the help we can get here all right more to come stay with us one eight six six five oh jimbo one eight six six 505 four six two six of those long laws raw the subject let's turn to mandy in arlington virginia right next door to maggie yellow mandy hi thank you so much for taking my call sure i wanted to.

hurricane katrina ramallah virginia jordan goodman motherinlaw houston arlington five dollars three years