6 Burst results for "More Than Sixty Five Hundred Dollars"
Bernard Lee Chats With Poker Pro Johnnie Vibes Moreno
"You have been playing cash for many years well over a decade and kind of mistakes cash. We're not talking high nose bleed kind of what is it. Been like for that because we will talk about your youtube presence. You're logging in how that really is taken off. But well prior to that you were poker player. It's not that you are of vlogger that plays poker. It's really the other way around. Is that you played poker for so many years and kind of logging has kind of come into this space how was it and what were your trials and tribulations playing cash poker for a living because everyone loves seeing the big scores but people don't understand the grind sometimes of six sessions in a row where you don't win everyone's happy when we have a twenty five hundred five thousand dollar pot and can show it on on air but how many times do you struggle struggle struggle and flush dr doesn't get there or you flopped upset and they get run a runner and now you're going home with you know only job in the world where you can work x. number of hours and go home poor right. I mean it's very rare that that happens talk about your trials and tribulations in how it got to the point where you really felt like you could steadily make a living at this. Because it's really hard. I remember the first day that i left my job as a software developer with 401k health benefits and all these things i remember thinking like if i if i don't make good money playing poker i can always go back and get offered job again and you know the i i i was doing. I was doing well right out of the gate. But you gotta keep in mind that it wasn't that difficult to make money playing cash game poker if you had a solid strategy fifteen years ago because the money was everybody you could find a two five game anywhere that was great and you know there was probably one hundred to five games on any given night in las vegas during this time so i i was doing well but naturally as you progress in any career you want to make more money than the previous year and you want to get better and you want to further your career and you know. That's that's easy to do. Fifteen years ago and poker. You know you could start applying one three. You can make thirty five thousand dollars that first year. Feel like it was amazing but the next year. You know your your goals maybe fifty thousand in the next year your goals. Maybe seventy five thousand. But then you reach a point where you're making around one hundred hundred twenty five thousand dollars a year and you realize that in order to make more than that you need to get substantially better. You need to find better games and the games needs to be big and what's interesting about. That is poker. Games were shrinking. They were getting smaller over the course of the last five to ten years and they were getting tougher. So no i even if even if you got better in your own poker game it didn't ensure that you were gonna make more money than the next year right. I remember i kind of plateaued about six years ago. Where i was in the one hundred to one hundred twenty five thousand dollar a year range and i didn't really see gray prospects for making more than that and and just as a natural Ambitious human being. That started sparking me. Like what else can i do to ignite passion in the game. And what else can. I do to keep things interesting for me. And that's kind of how you know. Creating the poker channel came about My my five ten game had died. That i was playing in san diego on a consistent basis. That game was no more. So i was in a precarious spot. Where how am. I going to continue to make this good money with smaller games and i thought it would be a perfect time to start a new project and i remember those first couple of episodes that i started. I didn't think anybody's gonna watch him. I was just. I was just trying to get better at public speaking. And you know perhaps china Develop some other avenues of interest at a time. When i was unsure where the cash games could take me As far as the ceiling was and it it took off after the seventh episode. When i lost sixty five hundred dollars in a in five ten in in one session. I picked up the camera and put it in my face and i was like this sucks because like this game doesn't run twenty four hours anymore. I got like eight hours a day. That i can play this game. It might take me a while to win back. Sixty five hundred kind of share that on my youtube channel and algorithm picked it up. And they're like wow. This is a real poker player. That's making youtube videos. So i think that the looting to what you talked about before. I wasn't scared to talk talk about my thought process. I wasn't scared to say how i played hands. I was competent and my poker game. I think one thing that a lot of people have have happened as their newer poker players that are making you content so they're kind of more Afraid to just say what happened right and like you know because people are gonna show up in the comments and be like oh you played that like an idiot or what. Are you doing three batting without hand but for me. My confidence in my overall poker game. That part didn't bother me like if you were gonna talk crap about my game in the comments. I was fine with that. You know and i think that. That's what destroys a lot of people in the early stages shirt will have that confidence in know the when you sign yourself up for youtube comments the youtube comments they're gonna come come
"more than sixty five hundred dollars" Discussed on #QualityMatters
"Yes that nobody wants to consider that there could be more than one solution to this problem. Yes that like. Oh it's build the wall. No it's we don't need a wall In one of these articles. Oh here it is right here A rancher in lasalle county which i assume is a border county Said they're driving stolen trucks. They're running through people's fences. They're bailing out of the vehicles and he alone has spent more than sixty five hundred dollars. Repairing repeated damage to fences torn up by emigrants crossing his property to avoid captures right. So it's You know forget about the drug trafficking in human trafficking. This is a rancher you know. And he's spending having spent sixty five hundred dollars of his prophets. That are you know maybe good. Maybe not this year to fix fences that are being damaged. I don't have you know. Maybe we'll do a little separate episode on this but it really do want to talk about Very first accent investigation. I was ever involved in. I had been doing safety for only a short period of time and with really horrible accident occur. And when i went to talk to everyone a wound up Adding up total eleven different Causal factors in this one accident and this isn't to even mention little teeny tiny nitty gritty details. We could look at and every single person i talked to. It was so odd how they were just absolutely art it. This one issue was the cause. This one issue was the cause in the end. None of those eleven causal factors identified in the interviews turned out to be the actual root cause but then there were eleven different things that could have been fixed along the way. But no and i'm telling you these folks were adamant. I mean they were very passionate about. This is one he got hurt. It was involved in it needed fixed. But it was not the root cause. So i mean obviously kyle and i are not politicians know..
"more than sixty five hundred dollars" Discussed on Mornings With Gail - 1310 KFKA
"And is expected to you. Have some democrats making moves toward Packing the court expanding the supreme court from nine to thirteen now. Nancy pelosi putting kind bosh on that at least for the time being but i think it kind of as the camel's nose under the proverbial tent This as nancy pelosi says no we have no plans whatsoever To bring this to the floor. This as a legislation was introduced a just thursday once again to expand the supreme court to thirteen justices. But well nancy pelosi san now. This is a battle that we just don't want to take on at this point in time. So we'll get to that brief history of court packing on monday fifty. Five thirteen ten kfi k. Joined by meteorologist atmospheric scientists that makings with channel to pinpoint. Whether he matt. How are you this morning. Doing pretty well and you doing well. I like the The view of all this water sitting in on my property here. This is good there. You go because we did. Get some solid precipitation. Yeah a lot of us here in the north. Got three to six ish Then there's pockets on the west side of the city that had They didn't get to foot. They had over nine inches in some cases so a lot of water in this one This is this is a good wet one so this is going to soak in pretty nicely. The next few days and and things will be green. Which will be good. That's always a good thing especially with earth day right around the corner. So what does the weekend. Weather forecast look pretty unsettled. Honestly we'll make catch some glimpses of sunshine today and tomorrow but still kind of under the influence of this pretty active pattern And that's gonna keep us big cloudy for the next few days. It'll keep up chances for snow the next few days and keeps us cool for the next few days now today. We may not even get out of the thirties. Probably make our way into the low forties tomorrow and then try to make a run at fifty or so for sunday now with this help with the drought This recent moisture It will help in in regards to maybe very slight very slight improvement. But i think the biggest impact of all is just going to be that it's going to help keep the drought numbers right where they are In and that next up they will come out next thursday And it will include this storm data with it. And i would guess we'll probably not see a growth of drought in the conditions. Remain the same so in that perspective was a good thing to have this definitely channel to pinpoint weather. Meteorologists matt makings. Thanks as always have yourself a great weekend. Be well be safe on the roads. If you're out sounds like a plan. Eight fifty seven now thirteen ten. Kfi kfi here mornings with gail weekdays. Six to nine and northern colorado's voice thirteen ten. Kfi what's happening in your own. Backyard listened to no co- now with tanner's went on colorado's voice thirteen ten. Kfi license plates in colorado or being auctioned off to the highest bidder and a fundraiser for the colorado disability funding committee license plate with is it for twenty has so far garnered bids more than sixty five hundred dollars. Bids are being collected until you got it. Four twenty pm on april twentieth considered our unofficial pot holiday. All right keep it right here coming up a noko now with your host. Tanner swint at nine..
Will Early Retirements Crash the Economy?
"I recently saw a poll that was sponsored by T. Rowe price it showed forty three percent of millennial workers expect to retire before the age of sixty five that compares to thirty five percent of those from generation. X. which is ages forty fifty five. This survey was referenced in an article by Gina Smith Alec of The New York Times. The article was titled. How millennials could make the FEDS job harder. The subtitle they love the idea of retiring early that could diminish the Federal Reserve's firepower the article reference. How millennials in order to leave the workforce early with need to build up massive retirement funds and buy less things and that lack of demand could hit consumption which would slow economic growth leading to ever lower interest rates. The author mentioned the paradox of Thrift. Which is if everyone tries to save in mass that could lead to lower economic growth lower inflation and trip up the economy. She writes when consumers save a big portion of their income. They are not spending as much on dinners out. Movie Nights and cars businesses respond by investing less than equipment and technology and productivity stalls. Bosses are unwilling to pay their workers more for the same output and week pay gains further restrain spending. Would a wave of early retirements cause such economic turmoil? That's what we're going to explore in this episode. The fear that early retirements would cause economic. Turmoil is not new. It was prevalent in the nineteen twenties. Which are sometimes called the roaring twenties because it was a period where economic growth was very very strong in the US was following World War. One Manufacturers really hit their stride. They were able to produce goods that were affordable to the masses the economy the measure of output gross domestic product grew by about forty two percent during the nineteen twenties that compares to about twenty five percent economic growth during the most recent decade real per capita GDP. The amount of output produced per person grew from sixty five hundred dollars. This is on a real basis so negative inflation to nine thousand seven dollars about a forty percent increase between twenty ten and twenty nineteen real per capita GDP in the US grew from just under fifty thousand to just over fifty eight thousand about a seventeen percent increase now is from a smaller base in the nineteen twenties but it was a period expansion even greater than the expansion of the most recent decade where we didn't have any economic recessions in the US in the nineteen twenties. There were several brief periods of economic contraction. But generally speaking the economy was doing very very well Lincoln steffens. He's an investigative journalist was known for his investigations on corruption. Business in one thousand nine hundred ninety eight he wrote big business in America is producing what the socialist held up as their goal food shelter and clothing for all president. Calvin coolidge said. This is essentially a business country. Journalist Samuel Strauss in the Atlantic monthly in one thousand nine hundred eighty four wrote. This is our proudest boast. The American citizen has more comforts and conveniences than kings had two hundred years ago. He pointed out the signs of that prosperity. Automobiles radios buildings bathrooms furs furniture. Ocean LINERS HOTELS BRIDGES VACUUM CLEANERS. Cameras Bus Lines Electric Toasters moving pictures. Railway cars packaged foods telephones. Pianos novels comics. These things were made available. Because of mass production efficiencies in the manufacturing process they were also accessible to the public not only because the prices were affordable but credit was available installment purchases
529 Plan or IRA
"Love the question that we had just turned again. I'll feel yet. It has to do with Mark in San Jose was asking a good question. Now Mark was fifty nine something already late fifty nine in the late. Fifties fifty nine and he's got a son like a year and a half old fool, man. But okay. Hey, good for you. Good for you. If you can handle it. I am. I mean, I couldn't there's no way. But if you can handle it great. All right. So he's got but he wants to save for his for his education. And he's got a decent amount. He's been saving money into a five twenty nine to Brian. He's got enough to put away maybe to do both the five twenty nine and a Roth at his question was do. I do a five twenty nine plan or a Roth. Now the five twenty nine plan. Professor Plum, there is one available each state has their own plan at least one and you can put your money in any states plan doesn't have to be the one that that that you live in although many if not most offer states offer some decent tax state tax incentive of some kind for new except for the state that. Right now. The Mark living lives in California. Nah. You get nothing. And you'll enjoy it. It's the parents used to say you get nothing enjoy it. So like when we bugged by mom, what's for dinner poison and you'll like it. Yes. And you'll eat it. Yes. Rat innards just say poisoning disgusting. John. Never did that. I I she couldn't for me because she was a great cook. And we always had good dinners. Showy showing we still joke about Shelly blew it. Twice that I recall in your entire childhood on an experimental dinner. Yes. Okay. Yes. One of them was broiled bologna and cheese. What? Yeah. So she got it out of a cookbook somewhere and wanted to try. It was awful. I think they still use it as a doorstop. All right. So that was one. And then the other one was something called, Meatloaf, puff and chill. You can ask her about it. She just didn't work. Yeah. Didn't work and we loved Meatloaf. But this was awful. Anyway. All right. So but besides those two how did I get off on this discussion? All right. Besides those two. She always had good food. So she couldn't say anything. She was making was terrible. It was always delicious. Let's see. So I went from that. We're talking about five twenty nine plans can't recall. All right. Anyway on the five twenty nine plan. You can invest in anything. I mean any state's plan whether they give you a tax break or not, you know, that's entirely up to you. How you decide which you know, if you wanna use your own states or not, but the five twenty nine plan has limited investment options. Obviously, they're going to give you a less. You can invest in these maybe the only thing that has going for it perhaps is that with a Roth IRA you've got a limit of fifty five hundred or sixty five hundred dollars to contribute for year. Five twenty nine plans offer quite a bit more significantly higher. Limit. Yes. Significantly higher limits. Is it? Hundred thousand or technically it's five years of the annual gift so seventy five thousand dollars. That's what it was. Yeah. Thank you can go higher. Yeah. And there's that per year. No. That's just that's how much you can put in there. Well, no mean, you can continue to contribute until the account is in the quarter million dollar, right? Okay. Maybe that's what it was. Yes. Anyway. So you can put a whole lot more money in. But if you have that kind of money to put in I mean. I don't know. We came to the conclusion that the Roth IRA was a much better idea for our caller, Mark. Let's see if you can if you got one or the other you can't afford to do more. You can only afford to do the one or the other. Yeah. You start with the Roth fully fund the right? I mean, if you can only do five put five if he knew six, and you're fifty years of age or older put six in the Roth if you can do ten I sixty five hundred in the Roth, and then you can use the extra thirty five hundred. And the reason we say this because mainly mainly because of the flexibility both accounts five twenty nine and the Roth IRA you're putting post tax money. And so there's no deduction upfront will leave alone the state tax incentives, which may play a role, depending on your circumstances. We'll leave that alone this post tax money going into there's really no incentive for that. They both grow tax deferred potentially tax free. Depending on how you use the money. And when you take it out now for the Roth after five years and fifty nine half tax free for whatever use it for the earnings and the contributions with the five twenty nine. The tax rate only if it's used for higher education,
Could Social Security Actually Run Out of Money?
"Ray Lucia show. And that is where I want to begin today. A brief discussion about social security starting with a brief history. And then we'll get into some of the other issues that I think are also important at least as it relates to your retirement is a social security and insurance policy or can it be treated as an investment? We'll cover that. Dr wait vows done a great job of this going back to two thousand fifteen he wrote a brief history of social security. There's no way I could do it Justice without stealing from his stuff. So I will. But he points out a couple of things that a lot of people neglect to realize and that is that social security benefits that are not just for retirees there's benefits for disabled workers. Spouses, young children of deceased or disables worker disabled workers spouses survivor benefits. It was not always that way. Remember, another original social security act of nineteen thirty five and it created retirement benefits. Only four the retired worker became eligible at age sixty five those ages have now changed to sixty six or sixty seven depending on how old you are. Right now. Younger millennials. Of course, we'll have to wait until they're sixty seven. My full retirement age is sixty six for social security purposes. Now in one thousand nine hundred eighty nine congress, then passed amendments to extend benefits to spouses and minor children. And this is what happens in politics. Once you start giving away benefits. The giveaways expand. I'm not suggesting that's bad. I'm just suggesting that it is a fact of life. And now, it's become a major problem. The nineteen seventy-five social security trustee report estimated that the old age survivors disability insurance trust funds would be depleted by nineteen Seventy-nine magin that we're in two thousand eighteen and it was a problem and seventy seven congress enacted amendments to deal with the impending financial problems. The amendments increase the payroll tax increase the amount of income eligible for the payroll tax and reduce the benefits slightly this fixed. The problem until the economic slowdown of the early nineteen eighties which meant the trust fund again faced a serious short term. Funding problems is starting to sound a tad bit familiar back then Alan Greenspan, who has you all know was the longest serving. Federal Reserve chairman. Headey commissioned to examine the problem in nineteen eighty three. The Greenspan commission called for and then congress subsequently passed into law a gradual increase in the full retirement age from sixty five to sixty seven as I just mentioned. They also increase the social security tax rates. And now, you know, where we stand today social security charges twelve point four percent. Medicare, of course, charges two point nine percent. Those numbers are split evenly between the employee and the employer. Meaning that if you are both yourself employed. You have a fifteen point three percent bogey on one hundred percent of your income up to nearly one hundred and thirty thousand dollars. Think about that one. You make one hundred and thirty grand any get clipped by fifteen percent of that ten percent will be thirteen thousand at another sixty five hundred dollars six thousand nineteen. Hey roundup. It's twenty thousand bucks in it increases every year with a little inflation. Bob. Think about a self employed one hundred and thirty thousand bucks twenty grand right off the top only half of which is income tax deductible. Is one of the reasons why we talk so often about incorporations and defined benefit plans. And all that stuff back. I've got an Email on that very subject. I'll go on it should come. As no surprise says Dr foul that funding shortages will happen again at some point. Social security. United States is meant to be a pay as you go. Meaning each generation of current workers pay for the benefits of current retirees three trends will make this task increasingly difficult despite the presence surpluses and those surpluses are dwindling. Sorry I had to get a slug of caffeine. I the baby boomer cohort is of unprecedented size and is currently reaching traditional retirement ages. Yeah, that's me. I should be retired. But I'm not gonna do it. Well, I'm sort of semi. Although it doesn't feel like semi. Although I, you know, I take a couple of days off here in a couple of days off there. But I'm still pretty much working. And that is the solution, by the way, keep working. Anyway, let me move on. Because this is interesting stuff. Second life spans are becoming longer. Meaning retiring baby boomers will have long retirements. That's right. Third fertility rates are decreasing during night of the baby boom women were having between three and a half and four kids on average during their lifetime. The thousand fifteen trustees report expects the long run for tilde rates, the United States to be just to know words, rubbing half as many babies, therefore that's half of many working stiffs paying for those of us that are theater, theoretically, getting a social security benefit. In two thousand there were four workers per retired beneficiary this had fallen to three and a half workers by twenty fourteen. And it's predicted that two point six contributors per retiree. By twenty thirty and other words for every retired person two and a half people have to go to work to pay for that person that is unsustainable with recipients of disability benefits added in they expect that number to drop the two point two percent for every working person that gets social security benefits. There will need to be two people working. Now.