18 Burst results for "Sixty Seventy Thousand Dollars"

"sixty seventy thousand dollars" Discussed on The Financial Guys

The Financial Guys

04:57 min | 4 months ago

"sixty seventy thousand dollars" Discussed on The Financial Guys

"So he's he's joining the police academy down there. He was done with his four or five year tour which is great so we had an opening organization as we as we oftentimes do. We grow a lot lots. we're always hiring. we had. I think something like fifteen resumes come in and ten of those resumes we set up interviews with not a one. A single person showed up not a single person not even showed up for the fact that they might need it in the future note. Don't care not a single person showed up so you can just go ahead and you know whatever so. We had to hire a new front desert. She's great she's wonderful boy. I had to pay up to get her right. We had to pay more money than we normally would simply be now. I think she's going to work out. Great she's got a good skill set. And i think we got lucky. Bought the reality of it is that that would not our normal starting would have been a lot lower that we had to start. Because you simply can't get people over right now. You can hire people when the government is your competition and they're paying them to stay home and now some would say that's a good thing but if you analyze happened already in the country we've got higher wages. Well yeah but everything around you gets more expensive. And if you don't believe me take a ride to california where you have folks literally making sixty seventy thousand dollars a year. That cannot afford an apartment. So oh it's great great. They're making more money. That's wonderful except they're living on the streets till because they still don't have enough money to pay for the goods and services around them when gasoline is by the way the guys mike and mike did interview robert interview fifty five song hacks and gasoline liberals by the way that. Listen to this podcast..

four robert california five year fifteen resumes ten fifty five song mike sixty seventy thousand dollars single person one
"sixty seventy thousand dollars" Discussed on The Peter Schiff Show Podcast

The Peter Schiff Show Podcast

02:03 min | 8 months ago

"sixty seventy thousand dollars" Discussed on The Peter Schiff Show Podcast

"It's an important step toward economic social and racial justice and an economy that works for all americans. I mean first of what is racist rate. How is it racial right. Of course. I guess it's racial because more rich people are white than black so this is going to help stamp out racism by holding these rich white guys accountable but the biggest irony of this whole thing is the idea that detached cheating is rampant among millionaires and billionaires. It's not. It's actually far more rampant among the ordinary americans. That they think are so honest. And law-abiding right when you are really really rich. You're not cheating on your taxes. I mean you are using the loopholes in the law to mitigate your taxes to as low as possible. But you're not cheating i mean. Donald trump right was very famous. He had all this income and he didn't pay any taxes. The vast majority of the reason was not because he was cheating on his taxes. He was utilizing the tax code to the best of his ability and yes. His wealth enables him to hire the best accountants who know the best way to exploit loopholes that are in the tax code that were put in there by these congresswomen cheating. It's not worth it for them. They're the ones that are getting audited. That people who are not getting audited at all the people who are cheating constantly are middle class americans. I mean cheating. There is far more rampant. Been among the millionaire is and billionaires. I mean there's an old expression that the income tax created more cheaters than golf and it did. I mean how. Many americans get some cash income that they don't report. I mean most millionaires and billionaires. They don't earn any cash income. All their income is up front right. It's not it's not in cash. The people who are getting cash are ordinary americans. People that are maybe earning thirty. Forty fifty sixty seventy thousand dollars a year. They give some of their income and cash. Do you think they're reporting all that income..

Donald trump thirty first Forty fifty sixty seventy thou americans
Will a Universal Basic Income finally get a real shot?

The Big Story

14:46 min | 1 year ago

Will a Universal Basic Income finally get a real shot?

"You can say one thing for the current crisis. It's given us a chance to try a lot of things that we might never have had the will to do otherwise I amongst those just giving people money okay not everyone but millions and millions of people in Canada and not forever but at least for a few months and this isn't a new idea. It's been around in some form or another for decades. You probably know it as universal basic income and you might associate it with the most progressive voices come the liberal side of the spectrum and you may also associate the opposition to it with complaints of lazy people want free cash instead of working but despite having a long history as a potential way to ease poverty and improve health. This has never been tried on a large scale or for a long time. So the people arguing on either side of it have never had enough evidence to prove their point. So it's been a political football until like with so many things. These days along came the virus and now getting money to people who need it quickly is absolutely essential governments around the world even the most conservative of them have done that and those who support or oppose that kind of policy have mostly agreed on the need for it. It's what happens next. And what we learned from that will determine if we finally give a universal basic income. A real shot. So we'll explain history of the policy small tests that we've seen on it be political behind it and whether or not it will stick around when we get out of this current mass. And we'll do that as soon as Claire gives the details on this current mess cargill is dealing with the outbreak at one of its meat processing plants. This one isn't Schambori Quebec southeast of Montreal. Sixty four workers have tested positive. There cargill had another outbreak a few weeks ago at a beef packing plant in high river. Alberta in that outbreak more than nine hundred workers tested positive. It reopened last week after a two-week shutdown also in Quebec schools in the western part of the province are set to reopen today but attendance is optional. Desks will be spaced apart. And there can be no more than fifteen kids in a classroom at a time. Ontario reported the lowest number of cases of Cova nineteen for the province on Sunday since March. Two hundred ninety four new cases. And this comes. The province reopens Provincial Parks and Conservation Areas. Although camping is still not allowed and things like beaches playgrounds and public washrooms are still off limits. And lastly schedule and is suspending the sale of alcohol in the Northern Community of La Lush to help control the spread of cove in nineteen. The alcohol store will be closed for two weeks. To prevent people from gathering. There will be support for those at risk of alcohol withdrawal as of Sunday evening. Sixty eight thousand eight hundred and forty eight cases of covert nineteen in Canada with four thousand nine hundred and seventy deaths. I'm Jordan Heath Rawlings. This is the big story Max. Faucet is a writer and a reporter for many publications including on this project for the Walrus. Hey Max he joined our. I'm doing as well as can be expected. Which is how everybody should hopefully answer that question. These days you start by defining What is a universal basic income Broad is that term. And what does it mean? Sure so I mean you know this is an idea that's been around for some time now and and there can be competing definitions and I suspect. We'll get into that in a second but the one that I adhere to the one that you know certainly I informed Andrew Yang's campaign in the United States and that has been informing most of the conversation about UBA. Right now is It has three conditions it's automatic. It's unconditional in its non-withdrawal. So basically that means it comes every month doesn't matter who you are you get it. You could be making a lot of money or a little money and you get it. And then it's non withdraw so It's not means tested. So it doesn't get clawed back you know as you as you make more money you know. There's much conversation on you know econ twitter about various amendments and adjustments to that formula. But I think that's a good way to think about it. Can you give me a little history of it? You mentioned it's been around for a long time Has it been tried for real anywhere where to come from that? Depends on your definition of for real right. I think people look at the idea of giving people money from the government. And they think well this must be a left-wing idea but actually the first real experiments with it happened in the nineteen sixties and early nineteen seventies and it was driven by a Richard Nixon and Milton Friedman. Who is the father of supply-side economics? Yeah they saw it as a way to replace the welfare system and so they their idea of a basic income is not quite the way I just defined it. It was something called a negative income tax. And so let me. Just get a tiny bit. Wonka share the way it worked in their conception is basically they would give people a percentage of the difference between their income and defined income cutoff or like the point where they start paying income taxes so if they set the cutoff at let's say forty thousand dollars and the negative income tax percentage was fifty percent. Someone who made twenty thousand dollars a year would get ten thousand dollars from the government. They made thirty five thousand they would get two thousand and from the government so is this sort of sliding scale where topped you up up until a certain point and then it went away right. They cancelled it in one thousand nine hundred and you know the the the Reagan era kind of buried it under under Nixon's legacy in Canada. Did something called the men come experiment? Which was the Manitoba Basic Income Experiment? That was more that was closer to the basic income that that I described earlier in the one that a lot of people are talking about right now so that says that gave thirteen hundred urban and rural families in Winnipeg and don't Fan Manitoba with incomes below. Thirteen thousand dollars a year back then money. But by the time that the data was collected in nineteen seventy eight so they ran up from seventy five to seventy eight. The Canadian government kind of lost interest in and they cancelled the project. So we've had these these aborted attempts to gather a sample and it hasn't really provided any conclusive evidence In the in the American one. There's some evidence that it that it you know Negatively impacted people's willingness to go to work in the Canadian won the data suggested otherwise. But there just wasn't enough data to conclusively determine the impact of giving people money on their both on their willingness to work and on on the outcomes that the government's wanted to test. Which is you know better. Health Outcomes Better Labor outcomes better social outcomes so you know the jury was still out right. Will what kind of a sample size and study length? Would you even need to determine that because again we had one or at least something like one here in Ontario Under Kathleen Wynne. A few years ago and the next government came to power and it was immediately phased out. So you know. I don't think we got more than two or three years out of that either. So what kind of scale are we talking about? Yeah I mean to make it work. You would needs multiple cities multiple tests populations and a long duration of study. This is this is a a bold policy intervention but you need to be able to control for extenuating circumstances and factors the Ontario project. Was it had some really promising results. As it turned out there was a study group at McMaster that basically interviewed the people that participated in the program. Some of the data they had eighty percent of of people reporting better health outcomes. They were using less tobacco drinking. Less eighty-three percent said they had better mental health. They were feeling less stressed. They had a better diet And there was even interesting. Data around better labor market outcomes people were basically using the minimum income the guaranteed income to improve their jobs to look for better job. So it's disappointing that the government scrapped it after basically what amounted to one year and left us in the same spot that we've sort of always been with these things where we just don't have enough data for either side to conclusively prove that their argument is right and you know maybe not maybe now is the opportunity to kind of walk in that that longer sample size but you know the problem here is that. It's always tempting for governments to to start these programs and then abandon them or different governments to come in and cancel them. You'd need some sort of agreement by all parties that they're going to let this run. Its course and we haven't really seen that yet. So you mentioned that it's seen mostly now at least as a left-wing idea might have begun under Nixon. But certainly I think that's how most listeners would frame it as you know Whether or not you support it About the side of the spectrum that it comes from but as we've started to see government's realizing how badly they need to help people as the economy collapses during this pandemic have seen any movement On the other side of the aisle towards this kind of idea I think we've seen much more movement on on the conservative side than we have on the progressive side the beano progressives are are are very wary of guaranteed income proposals because I think you know quite rightly they remember certainly the academics who studied this. They remember that it was originally an idea that was intended to get rid of welfare and other social supports and that is always a concern that if you bring in a guaranteed income. Is it really just an attempt to shrink? The size of the state is an attempt to get rid of targeted support programs that that make people's lives better and I think that's a totally valid concern when I when I posted my article from the wall or something twitter. I got a lot of feedback from economists about that where they basically said you know. Oh here we go again. People people don't realize that this is a an attempt to slip in through the back door reduction in social programs. That's really interesting. Yeah but you know. Over the last few months we've seen a really array of conservatives. Come out and say that this is a good idea. Hugh Seagull. Who is a former senator standing red? Tory I WOULD. I would describe him as a thought leader. He's been he's been banging the drum for for guaranteed income for quite some time now but he was always sort of out there in the wilderness as a conservative suggesting that this was a good idea and he wasn't one of the ones who was saying that it should replace social programs. He was saying it should be an augmentation to them but in the states over a matter of weeks you saw people like Mitt. Romney coup is basically the Avatar of hedge fund capitalism. Coming out and and suggesting that this was a good idea that would support. Americans during the fallout from Cova and ultimately Donald Trump's government. It's not it's not a permanent basic income. But they sent a check to every American and that is sort of one of the hallmarks of a basic income. So it's interesting the degree to which we've seen conservatives rally behind this particular policy flag. I think that it is driven by shorter. Term political objectives American politicians having election. That they're looking at in November and one of the surest ways to get defeated is to be in being government while people are losing their jobs losing their homes losing their livelihood so I think it's more self preservation than a genuine change of heart but in from a policy perspective. You take the support where you can get it and you build on it from there. So you know I think advocates of a U. UB. I should take their support and and leverage it in order to build their movement if you can may be explained to me the thought behind the benefits of this applying to absolutely everyone including people who have job because that's really And we can debate in Canada versus the US for however long. But that's that's like the primary difference between what trump's government has done and what Canada's done with the baby. Yeah that's the tricky part. That's the part that a lot of people struggle with conceptually and intellectually as is the idea of giving people who don't need money more money right. Yeah and Ken Boston cool. Who is is a former adviser to Stephen Harper and Christy Clark? He's been kind of driving the bus in Canada around the need for a UB. I you know he's he is preferred that to the more targeted approach that the government has taken with Serb. You know his idea in the short term is we just need to get money into people's hands right. Now we need we need to stimulate the economy and ultimately will tax it back next year on people's income taxes that's the thing about a guaranteed income in the context of the system. We have here is if you're making sixty seventy thousand dollars a year. This is going to a portion of this. We'll get taxed back right and so it's not. It's not really free money. It's a little bit of free money and I suspect there would be some social programs that would get pulled back a little bit to to make the numbers work but you know at the end of the day. I don't think you can let the weaknesses in the policy that that might impact a few people. Override the benefits that would impact far more people. You know there's there's all sorts of data out there that suggests that a basic income would actually stimulate economic growth. There's all kinds of data that suggested improves. Health outcomes and Lord knows improving. Health outcomes would save taxpayers and the government a lot of money. Because that's where an increasing increasingly large part of our social budget is going and we'll continue to go in the years and months to come so you know it it is It's a tough idea to get past for some people that I find working already. Why should I get more money from the government but that money's going back into the economy and it stimulating economic growth that supporting jobs? It's reducing healthcare costs. You know I think there's a pretty good case for it and and you know it's one that we should be willing to explore. I am I am more than open to criticism about the cost factor that I suppose we can get to that in a second but I think we also need to look at the benefits and look a little a little bigger in terms of where those benefits accrue it. It's not just lifting people out of poverty. Although that's that's an obvious benefit it's improving people's health outcomes improving their labor market outcomes. Let's people who have a

Canada Richard Nixon Ontario Cargill Cova United States Claire Schambori Quebec Provincial Parks Manitoba Mcmaster Twitter Winnipeg Jordan Heath Rawlings Quebec La Lush Alberta Kathleen Wynne
"sixty seventy thousand dollars" Discussed on 77WABC Radio

77WABC Radio

06:52 min | 2 years ago

"sixty seventy thousand dollars" Discussed on 77WABC Radio

"So right now the state in New Jersey were doing two projects it's a customer aboard a form with decent size for males that's in Monroe New Jersey I'm also looking at another project in Lambertville New Jersey or gentleman's wife just wanna nice home what about Nick to properly so both in both instances they're cutting their homes they're kind of bold they're redoing so we looked at their projects with them before they go to their houses we recommend that a lot of things to them number two one and this is where kinda gets scary if you don't understand solar and how you get your money back and how it works so in both of these projects they need a new heating knew everything so it's the best way I can kind of explain this of the average solar systems thirty forty thousand dollars whatever whatever it is so the average solar home system usually pays itself anywhere five to six four to five five to six years somewhere in that area you know it pays it off so in that same area it's gonna pay itself off there I don't care what job as your return on your investments over twenty percent usually twenty to twenty five percent in that area so pending on your roof pitch and things like that so your system I think it's forty thousand dollars I come into your house I look at your home or your building and I and I and I'll recommend what heating you Dale by the way I work closely with companies like Ferguson where they do calculations he lost calculations for your all we also work with their manufacturers and where I'm getting it more people think I'm a little crazy enough says we now install your whole house electric you so these guys have a lot of land they have projects or whatever so now this is the scary part so now I just tripled your electric maybe maybe even more so maybe you're forty thousand dollars system one of two hundred fifty thousand dollars or two hundred thousand dollars people know this is unheard of this is not why would you do that so when I do these projects you still get paid visitors multipliers involved you still get the whole thing paid because went up in this big dollar amount give all my god it's politics a hundred years paid off it still gets paid off in the five to six years it still gets you the twenty to twenty five percent return and this is the thing when people customer after customer mine are signing up to do the whole package of their home or whatever they're doing which heating hot water heaters and everything else that we do and lighting and light everything else you know but but goes on but this is the most important thing so in twenty five years in the average solar system you make a hundred thousand dollars if you do our way a hundred fifty thousand if we doubled or tripled your system slice you're still getting your money back the same you're still getting the same return but in twenty five years now you're getting three hundred thousand dollars or four hundred thousand dollars back so we're educating you on how to do your whole project you're all home or building we do this with commercial buildings though and we were if you're actually getting your whole project renovated re done the more electricity that you do the more money you're gonna make a switch if it does skil upset just because the cost of that project goes up people get sticker shot they look right that you know it's twenty or thirty or forty fifty sixty seventy thousand dollars I can't afford that I'm never gonna make my money back but as the system's size goes up the pay off stays the pay backs are all the same the returns of the same so now people look at the phone my god you know Eric talks about his health and he talks about his son's college that think about this Megan five six hundred thousand dollars back on the house four hundred thousand three hundred thousand dollars so it's like huge directive to really on by the way farmers they have they have of propane heat I mean you can not beat this as a farmer get rid of that propane heat something real important to understand too so you get this that the house one of the homes are doing is about forty five hundred square feet so his average utility bills his utility notices electric and scales combine high around ten thousand dollars a year on this this kind of property by the way we got it we we show room we have the manufacturers of people what insulation all kinds of products that were tell them but but when we do this your so if we save you ten thousand dollars in one year so leasing you lose money you can sell your house people realtors run from your house because its lease the values your house is nine thousand scams and nine thousand ways to rip you off once again I challenge anyone else guys any the giants of the small guys tell me or the leasing company please come on my show everybody tells me you're gonna sue me anyway so please come on but anyway so now five saves you ten thousand dollars on your house where you're leasing you can't sell it now I put ten thousands of saving your house in one year's worth one hundred thousand dollars more if you have less of like Tricity and utilities increase which they always though say in ten years from now your house is now worth two hundred thousand dollars more because you have a house with no electricity and no gas whether I have a lot of people for their kids or for their parents were gutting their places and redoing their whole projects for them because they don't want their kids ever to have an electric or gas bill I have people talking to me just the other day while we're doing your way for one reason we love New Jersey and if we didn't do this were retiring in four years we're getting our self wind up because we don't wanna leave we don't we can't afford the taxes but we don't want to leave so if you get caught our utilities down it'll it'll break ourselves even and we can stay in the state but either way you're making money and it's we're we're explain you something that they don't even want to talk about by the way solar guys are fly by night the big companies to me are fly by night the way they do their work you're in for the quick Buck and they get out my way I don't make as much money when you order me the happiest person in the world I got customer after customer us is showing your before the show on my cell phone like every day or two or three people Hey five years from now Hey Ron I'm still I may pay twenty eight cents from my son or a dollar bill we will mobile my really appreciate what you did for us and how you check our systems an online no one in the industry does what I do yeah I have to tell you that first time that I am it was the month right after you installed my system and I got that electric bill from the utility company and it was zero it was an amazing experience it was that was when I really.

New Jersey Monroe New Jersey Nick Lambertville ten thousand dollars two hundred thousand dollars forty thousand dollars twenty five percent twenty five years six years one year four hundred thousand three hu forty fifty sixty seventy thou two hundred fifty thousand dol five six hundred thousand doll three hundred thousand dollars four hundred thousand dollars thirty forty thousand dollars one hundred thousand dollars hundred thousand dollars
"sixty seventy thousand dollars" Discussed on KTOK

KTOK

08:18 min | 2 years ago

"sixty seventy thousand dollars" Discussed on KTOK

"Said what is the biggest action that's really push you want to come protest the count the list is endless I I don't think I could come up with a single one can you give me one specific thing that he's done with the biggest thing just it's a it's from day one he was as an evil even mother well of course someone make America great and that he's gonna bring jobs and that is taking care of everybody and that way still one of the worst things that he said those are the worst things and also that when he said that he was going to help the people from Syria and he never did I thought that was the one of the worst things ever this is entire person the persona that he is everything about him just to me yes everything about him he just lives everything he does it's one of the biggest lies that really angered you you have something in his in his inauguration you know all the way from the crown size all the way to it's a perfect phone calling saying now this is did you read the transcript I didn't know I didn't read the transcript and I listen to the it on the news yeah what a really compelling stuff there from those protesters are essentially comes down to trump is evil trump is a bad man YC bad trump lies what is he lied about I I used to love it they would do this for a while the hysterics over at CNN and elsewhere in the in the mainstream media they would do this thing where they would say that trump has lied like fifteen thousand times you know here fifteen thousand trump lies they counted them all up when you ask somebody okay what's the trump why that is show odious so destructive so bad that people should care can get give me one what is the trump why that I'm supposed to care about where he lied to me as a voter as an American as a citizen and and that was really consequential I I would be curious to know what the answers it's certainly not the crowd size at the inauguration yet did trump put out little spicy and did he look like a fool if you have couple who cares I don't think so I mean yeah they were new the stuff and then they looked and then by the way they paid a price for that to look they look dumb I haven't spicy came out there and yell and the whole thing so okay and you know maybe they did think the crowd size was bigger you know me they got a little caught up in their motions but saying that the perfect phone call that's a judgment call to finalize our lives need to understand a division judgment call why they don't they just like to conflated all you might say okay Buck will can you think of one big lie that Barack Obama told that affected people really matter yes yes I can in fact if you like your health care plan you can keep your health care plan that was an intentional lie told to fool people so there'd be enough political support to ram through obamacare which was supposed to solve the issue of the uninsured in this country it did not supposed to bring down healthcare costs dramatically through the middle class guess what your healthcare costs have gone up almost fifty percent in terms of premiums from two thousand eight to two today there's a new study about that that will maybe talk about later on in the show because guess what obamacare really did took money from people who were working and paying for themselves and transfer to the people who wanted to have a little more help from the government redistribution I'm not from the rich not from the fact cats it was redistribution from people make in you know fifty sixty seventy thousand dollars a year to people make in twenty five or thirty thousand dollars a year in the form of their healthcare premiums that's what really happened but but Obama's light was a big lie it was a lie told with intent and purpose and affected people never did there were damages from it what's the big trump lie they that you know the crowd size was big if you sold so many thousands of of lies and then you ask what's the lie that really bothers you the most what's the trump thing that really bothers you the most people have just they way they turn on the news this in the newspapers the tone of the journalist is always dripping with contempt for this president all the time they don't give him any didn't give him any leeway there's no good faith in their approach room they've had to retract so many stories that were anti trumpet turned out to be false because anything that's anti trump they just leap on right away my friends this is all just it's all just absurd it's absurd they don't see the absurdity which is what's really so very troubling speaking of absurd perfect transition pro Cuomo you even lift pro A. K. A. for radio A. K. A. all wreck your plea that guy and I'll break your kept yelling at the guy who is like a foot shorter than him who had that had the brazen is to call him freight meanwhile he's gonna ready before my kid all much radio it really is there are there are few people who are more entitled and dumber than the children of Democrat politicians you get to go to Ivy League schools and somehow think that they are dead yeah there are few people in America who are dumber than the children of Democrat politicians who get to waltz into whatever elite institution they wont get whatever job they wont get coddled by the mainstream media and they think it's because they're good at something I think it's because they're special here is is broke uomo who we know he put the put down the metrics weight gainer and all the rest of it for long enough to lift up a phone you want to prove in real time on air because remember there was this claim made by I don't even remember I don't the one of these witnesses that they're a restaurant and songs on the phone a basket or song one is on the phone with trump and another one of these bureaucrats in Ukraine here what trump was saying choose song lane in a restaurant where the there of course is some ambient noise I don't know how much but in that restaurant and here we go wasn't on speaker phone she got a phone abuse here talking to somebody they said maybe held a little away from said but is on it was just a normal phone call and another person is not on the call can hear in the presence sang please a play broke Cuomo's demonstration plague of one person theory are from our president that he is really good hearing someone say the best hearing ever and he's never been able to hear a phone call when it wasn't on speaker phone from anybody so let's just play with that for second mom can you hear me all right so far we're holding the phone hearing with Diana bash you know you're always gonna decide let her talk because she's so smart and I shouldn't say so much can you just say hello mom she probably can hear me check mine can you hear me yeah I'm talking to say hello to Donna bash hi Mrs comma how are you all right I can hear mother Kris so I'm I don't speak hold its regular it's two feet away from that as she can hear my mother I'm not sure mom can hear us mom thank you very much thank you for not as saying I I don't think so Hey is like I can hear on the phone at all you know what's going on the phone Hey here it sure she could the other guys like no okay here do you so what yeah by the way also think about this your your college with the ambassador and he's on a phone call the president I mean are you like leaning in get all snuggly with them as you can hear this item I don't I don't think that's I don't think.

fifty sixty seventy thousand d thirty thousand dollars fifty percent two feet
"sixty seventy thousand dollars" Discussed on The Jason Stapleton Program

The Jason Stapleton Program

02:46 min | 2 years ago

"sixty seventy thousand dollars" Discussed on The Jason Stapleton Program

"And what technology is doing is, it's, it's flattening out that hierarchy again, and he said, what's going to happen is everybody's going to kind of run their own thing, and they're going to make a determination as to whether or not they're going to outsource something or insourcing based on how complex and difficult it is to outsource and what we're seeing is it's becoming infinitely easier to outsource what it is that we do. And it doesn't make sense to insourcing things because, now I got a hire somebody and the costs associated with that. And the government puts all kinds of regulations on me, in terms of, who I can hire in what I gotta pay him, and what sort of benefits I got to offer them, and what under what conditions I can fire them. It becomes a nightmare, right? It's easier just to hire another company. Well, that other company might just be. A person that has a corporation that shoes that you choose to run all of your marketing through, or they do your distribution. Or they handle your they can your call center, you know what I'm saying? So depending on what it is you need done. It's becoming easier and easier to outsource. What does that mean for you? Well, I have been, I'm shocked frankly, at the number of people who are making fifty sixty seventy thousand dollars a year slaving away for somebody else. When if they just added if they just took a little bit of risk and invested a little bit of time on their own for the next year or two, they could replace their income, plus and they could be working on their own schedule from anywhere in the world, anytime they wanted to and that idea for most worker, bees is, is something that they've never even considered like they won't even allow the that. Oh, that's a digital nomad. Is like that's sure that's the thing for some people, but it could never be for me. And no, it could be like you could do that. You could work from anywhere in the world. It's what I call. We talk for a long time. Everybody was talking about passive income passive income. And we've kind of put that, that baby to bed. There's no such thing as passive income not not for you or me for the Oltra ultra ultra ultra wealthy, the third generation wealthy or their stuff is in a trust fund, and they just get paid every month. That's fine. But somewhere before that, probably for two or three generations, guess what happened somebody was creating actual income that they were able to turn into passive income. So the question is, how do you get rich? And what kind of rich do you wanna be less that instead of focusing on passive income? Let's focus on mobile income. Let's focus on income that doesn't require me to work in a specific place that doesn't require me to work for a specific employer. That doesn't require me to show up at a specific time or date where..

Oltra fifty sixty seventy thousand d
"sixty seventy thousand dollars" Discussed on Get A Grip On Life

Get A Grip On Life

10:38 min | 2 years ago

"sixty seventy thousand dollars" Discussed on Get A Grip On Life

"And then your life. Your life is your almost seem like you're very reflective. And you're trying to build some momentum towards a sense of balance and wholeness, but I feel from you. Like you're still on that journey. Like you're still like what you're trying to say to me, is that what you're what you're saying is that you're always learning? You're always going. And you know what would you tell someone right now? That's just starting out as an entrepreneur for the first time whatever age. They're like, you know, there's a difference between c I actually believe that being an entrepreneur is less risky than being an employee. So if you're if you're good at being an entrepreneur, I think it's way less risky to be an entrepreneur, that is to be an employee, but it was so risky to honor. It's so risky. You know, I think, well, one as entrepreneurs, we tend to we live in the solution, more van I would say somebody working for a company that knows that they can depend on that paycheck, and they live with illusion that, that's always going to be there. And I actually have a really good friend. That's a top level executive at a cruise line company, one of the larger cruise lines. And she said, I have so much respect for people like you. And I'm like, why, you know, I it's like gimme some point of reference. And she said as an entrepreneur, she goes, you're able to figure things out that people like. Myself, we don't have to figure that out in, if we ever got laid off, if our job disappeared tomorrow, we would really be stuck where entrepreneurs, you're constantly looking for solutions. And I'm like, oh, that's interesting. And I think you're I agree with what you're saying that it's less risky to the poor. But we can minimize risks. Also, there's the emotional risk the spiritual risk the just living life risks that I think it's when we have the mindset of an entrepreneur weekend, create out of but is in that isn't that all that risk that people talk about isn't that the blessing like isn't that what isn't that? What makes it so great. It's like so if you were to say it's like, what people do as they get a job, whatever they worked there for ten years, they get a mortgage, their family. They're in they're in now. They're in the house with the white picket fence in the neighborhood, and they take their kids to soccer on Saturday, or whatever it is. And they're not really thinking about solutions. They're not really thinking about where the m-. Money, they make comes from and I think those challenges even if your business fails as an entrepreneur, that's just another challenge, right? That's another absolutely. And, and here's the thing, there are certain risks that we, we should encourage ourselves to, to take. But then there's other risks that we really need to minimize the risk of taxes. For example. I know a lot of people that never get their business set up in a way that they have an accountant in a her, you know, quarterly taxes in, you know, in the US, we have all these I, I have to say, I love the healthcare model Canada. So I've thought Canada, just for your healthcare model. I wanna know do you want know, do you want to know what the difference between candidates and the United States? There's not a lot of different. I know you, I know you pay more taxes. Well, I mean that depends there's also tax strategies here too. So what's the difference? The difference in the number. If you wanted to say someone what's the difference cultural difference between Canadian? Americans and you can sum it up like this in Canada. You have the privilege of owning firearms and the right to healthcare in the United States. You have the privilege of having healthcare and the right tone firearms. Explain that to me. So in Canada, you, I have a I have a position at possession in acquisition license for restricted firearms, which I can buy a handgun. But if I buy that handgun, I have to be registered with their CFP who I am that that is at hand gun, and I can only drive it to certain places than it has to be on a certain route, and it can't be fired anywhere, but a range, and then if I buy hunting rifle I can buy one and take it home with me, but I have to have this license, and I can only by a certain amount of amunition, and it can't be any type of can't be any type of, of a long gun so a long, Moshe rifle can't be any type of rifle designed to kill human animal. So it has to have multiple purposes, other than killing humans can't be any kind of salt rifle. It can't be any kind of military type of rifle and handguns are very highly restricted what, you know, if you're sick, everyone has the right. To the same level of healthcare. Whether you're the poorest citizen in Canada, or whether you're the richest citizen and Kennedy of right to access that healthcare in the United States, it's the complete opposite on that issue. Right. So you have the right to own firearms so anyone's allowed to own a firearm of any kind, whether they're military grade. In fact, the second amendment is not about protection of property. It's about citizens being able to fight the government on the same terms. The government can fight them on. That's what the right to bear arms is about. And then healthcare is a is a privilege for a certain when you achieve wealth status. You're correct. And so those two arguments diverted from one another in Canada and the United States, some were, you know, before the second will war. And then after the second one were those two issues, accelerated whereas Americans doubled down on firearm ownership, and the right to own a, let's just say guns that are designed to kill one animal you right. Right and Canadians and the rest. Of all the western countries doubled down on removing people's ability to own those kind of firearms, and, and giving everybody access equal access to healthcare activists. So that's the fundamental difference between I think not fundamental. But that's one of the major differences. The replaces Mercator go in one direction. In Americans go in another direction, but Canadians are so much more polite than we are. I mean that's a myth. Be rude to me now. But. Americans Americans are, are, are very insulated in a sense, and I'm it's very broad generalization, but Amar most Americans, they don't know what's happening outside of America, and that's to their detriment to actually, you know, they, you know, America's the whole world. And that's that's it's a hard problem Fisher yet. And let me let me share something that I had a conversation with somebody at a dinner party, the other evening. And she said, well, American is the richest country in the world. And I said, let's stop right there, I said, that is the biggest load across I've heard because look at our education system. Look at our healthcare system, look at how many people actually are in poverty here. Look at our homeless situation, those do not reflect an abundance society. Sure. Maybe dollar wise wherever we came up with that, that statement where the richest country in the world. But there is so much that we need to work on as a country to take care of our people. And see. That's what I do appreciate about Canada, is that you take care of your people. And, you know, there there's more of a community sense than where in our country, and unfortunately, it's the current administration, there is such a separation of them against us in whoever them in acid. I mean I it just it pulls me how much we've separated as a country, rather than figuring out solutions together, yet, it's very dangerous for the world for the political compromise of the United States to break down the way it has. It's very dangerous. I absolutely agree. Like I mean, great political compromise. The United States is completely broken down and to just to just to comment on your on the, on the wealth, like wealth, being faith family, friends and finances, like there's different ways to be wealthy. A lot of American states and I don't know if this is exactly true, but there's a lot of American states that spend more on incarceration than they. Do on occasion. Yes, they do, like that's tragedy. Rather than that is a threat. I agree. I agree. I mean there's a lot broken with our country. And if you dare to say that all of a sudden, a class of, like, oh, you're you liberals. It's like wait a minute. You know, it's like, let's, let's look at the core of the problem in. I think it's a it's a breakdown of. Yes education breakdown of the spiritual foundation of, of people's lives, a breakdown of just so many valley us that we used to value that have gone by the wayside, and I think it's something that you can't fix in one fell swoop on. I know for me. I have I have a level of compassion for people who are out on the streets that maybe somebody who has in there doesn't have, but I also have a level of chop love I was talking to a group of women in a homeless shelter recently, and one was coming up with all the reasons why she ended up there and I said, not let's get down to the brass tacks, you're drunk, and you're drinking has got you in. A lot of trouble. It's in the u up here until you take responsibility for that. And somebody who's not been through what I've been through couldn't talk to her that way. But because I've been there done that I could talk to her in a way that somebody who has just they're preaching theory rather than reality. So I think that, you know, we, we do have to look at what abundance means what wealth means and it's so much more than than just money. And in my business, I used to teach a lot of a six figure courses that was like the start of it, six-figure, content creation, six-figure speaking six-figure writing, because I had been there done it. I had created that in my business. And then I got to place where it's like, wait a minute. Let's not just focus on the money. And the reason I focused so much on the money at one point was because at one point I had not. And then when all of a sudden, lots of money, you know, like, you know, you're having months that fifty sixty seventy thousand dollars just going. I've never seen this much money. But I had to realize that it wasn't just about. The money it was what the money could do. And so now when I, I work with clients, it's really about what's the lifestyle that you wanna create and in that lifestyle which the community service, you wanna get involved in, what's the gift because if we don't give back we end up like we've ended up in, in the United States, where it's a lot of separation rather than community, yet,.

United States Canada soccer executive America accountant Fisher Amar Kennedy fifty sixty seventy thousand d ten years
"sixty seventy thousand dollars" Discussed on AM 1590 WCGO

AM 1590 WCGO

05:14 min | 2 years ago

"sixty seventy thousand dollars" Discussed on AM 1590 WCGO

"FM. Thank you for joining us, America. Jennifer, Jennifer, welcome the debris J show. Thank you for taking my call. Sure. What's up? We just their business. And I didn't realize how much drowning in debt, but we luckily we have a building to sell. Kind of wipe most everything out, but it's not selling. But the thing I'm calling about today. Mainly as a minivan that we were using for the business, and we really don't need it. Now that our kids are gone and everything, but we just pay it's paid for. And I we were talking about getting rid of it and a cheaper car, but to as a side hustle, we've been driving lifting Uber. So if I do it's probably and if I sell it, I'd probably wanna finish paying off our second thirty six hundred on and then just get a cheap car. But I don't know since we finally paid it off. I should sell it since it's still worth something or not. What's it worth? Probably ten thousand for it. And so what are you gonna career now that you're closing your home or closer business? I'm just doing retail. My husband's a chef. What is your next twelve months? You think you're gonna make household income probably about five thousand a week. Sorry. So sixty seventy thousand dollars a year. Okay. No, I would not sell the car. Okay. Not because lift or anything like that. It's just a small enough amount in the overall situation that doesn't really move the needle. Okay. You guys getting organized and saying we're gonna systematically work through these debts until the building sales. When the building shows we're gonna finish them that is more important than selling your car. Okay. That's going to have a bigger effect. You guys being on a budget listing? All your debts smallest to largest attacking those as if the building wasn't going to sell and when it does sell move now, we're done. Okay. That's good things to tell us how to sell it. We've had it on the market for over a year now, and it's it's commercial like mersal in residential. So technically somebody could put it back as a house. But I know it's on a main street says not and it's not a busy street, but it's not in a busy while hesitant sold. I don't know, obviously. Thinking is not sold. Theory. It's not in the main part of our little city authors. There's like an auto repair and a chiropractor nearby. But. We don't know. Anything we owe it out, right? Thousand from what a hundred right now, we just brought it down to one fifty nine. From what? We are ready for year. And she said, oh, you should be able to get one eighty nine. So. All the way to one fifty seven. We'd. We've got rid of the realtor because we had some friends that said, oh, we can we have a person for you. And we thought they were not loan. Didn't get alone for it. So we've been trying to sell it. Don't you need to get? Okay. You need to get a high quality high octane realtor. Go to daveramsey dot com and click on E O P endorsed local provider, you'll find one or two or three in that area. Five in that area that we recommend interview two or three of them and find one of them that is on fire and convinces you that they really can sell it not that they're just going to get, you know, some relig- unrealistic price. They're going to come in and tell you things worth ninety eight they're gonna come in and tell you it's worth one twenty eight and then they're going to get them buyer for it, you have an unusual property in that's going to cause the price. It's going to bring to be less. Because it's trying to not either. It doesn't know what it is. It doesn't know if it doesn't know if it's it's confused doesn't know if it's residential or if it's commercial and when I look at it as a buyer. I don't know what it is. And so it's probably not residential because it's probably not a nice place to live. And so it's probably commercial and inexpensive piece of commercial property now. Then you don't know anything on his how much debt have you gone. Much one hundred and forty okay? So the buildings mostly related to the business. The building is probably not gonna wipe out all the debt probably not. Okay. So you need to decide what is it? Now, so good, and you're working your butts off. You need to just be including thirty six hundred on the second car. Everything is in one pile. We listed smallest to largest we pay the minimum payments, you keep everything afloat and then get a good real estate agent. And let's get this building sold. I have no idea what it's worth I suspect. You've messed up the market limit by listening to high start with. And you ran off your first set of buyers by listening to high. With.

Jennifer America sixty seventy thousand dollars twelve months
"sixty seventy thousand dollars" Discussed on KTAR 92.3FM

KTAR 92.3FM

05:33 min | 2 years ago

"sixty seventy thousand dollars" Discussed on KTAR 92.3FM

"You for taking my call. Sure. What's up? We just closed their business. And I didn't realize how much we're drowning in debt. But we luckily we have the building to sell. So once we sell that will kind of wipe almost everything out, but it's not selling. But the thing I'm calling about today, mainly as we had a mini van that we were using for the business, and we really don't need it. Now that our kids are gone and everything, but we just pay it's paid for. And I we were talking about getting rid of it and buying a cheaper car, but to as a side hustle, we've been driving lifting Newburgh. So if I do it's probably gonna and if I sell it, I'd probably wanna finish paying off our second car, which we thirty six hundred on and then just get a cheap car. But I don't know since we finally paid it off if I should sell it since it's still worth something or not what's it worth probably ten to eleven thousand give for it. And so what are you guys career now that you're closing your? Home or close your business, and I'm just doing retail. My husband's a chef. So what is your next twelve months? You think you're gonna make household income probably about five thousand a week a month? I'm sorry. So sixty seventy thousand dollars a year. Yeah. Okay. No, I would not sell the car. Okay. Not because lift or anything like that. It's just a small enough amount in the overall situation that it doesn't really move the needle. Okay. You guys getting organized and saying we're going to systematically work through these debts until the building fills when the building sales. We're gonna finish them. That is more important than selling your car. That's going to have a bigger effect. You guys being on a budget listing? All your death smallest to largest attacking those as if the building wasn't going to sell and when it does sell. Woo now, we're done. Okay. That's what sounds like good things to tell us how to sell it. We've had it on the market for over a year now, and it's its own commercial like commercial and residential. So technically somebody could put it back as a house. But I know it's on a main street says not an it's not a it's a busy street, but it's not in a busy while has sold. I don't know. Obviously, we must not sold. You have a theory. Probably it's not in the main part of our little city authors. There's like an auto repair and a chiropractor nearby. But so what do you own it? We don't know. Anything we owe it outright. A hundred thousand market from what a hundred right now, we just brought it down to one fifty nine one fifty seven. I'm sorry from what? And we our risen we we had a realtor for year. And she said, oh, you should be able to get one eighty nine. So. And now I've dropped it all the way to one fifty seven. We'd we got rid of the realtor. Thank you. Because we had some friends that said, oh, we can we have a person for you. And we thought they were in that loan felt didn't get alone for it. So we've been trying to sell it. And I don't need to get. Real estate. Okay. You need to get a high quality high octane realtor. Go to daveramsey dot com and click on E O P for endorsed local provider. You'll find one or two or three in that area. Five in that area that we recommend interview two or three of them and find one of them that is on fire and convinces you that they really can sell it not that they're just going to get, you know, some religious unrealistic price. They're going to come in and tell you things worth ninety eight they're gonna come in and tell you it's worth one twenty eight and then they're going to get them buyer for it, you have an unusual property in that's going to cause the price that's gonna bring to be less because it's kind of not either it doesn't know what it is. It doesn't know if it doesn't know if it's it's confused doesn't know if it's residential commercial. And when I look at it as a buyer. I don't know what it is. And so it's probably not residential because it's probably not a nice place to live. Right. And so it's probably commercial and inexpensive piece of commercial property now. And you don't anything on his how much debt have you guys gone much one hundred and forty okay? So the buildings mostly mostly related to the business to the building is probably not gonna wipe out all the debt. Yeah. Probably not. Okay. So you need to decide what is it? Now, so good, and you're working your butts off, and you're going to you need to just be including the thirty six hundred on the second car. Everything is in one file we listed smallest to largest we pay the minimum payments, you keep everything afloat and then get a good real estate agent. And let's get this building sold. I have no idea what it's worth I suspect. You've messed up the market a little bit by listening to high start with. And you ran off your first set of buyers by listening at too high. With the unlit unrealistic realtor before, but it may be that you're one fifty seven we'll do it. But it probably needs professional marketing from high quality, high octane real estate agent. That knows what they're doing. This is you're probably going to struggle to sell this as a physical. So it sounds like to me. I believe in the value of a real estate agent if they're a good one. And that's why we only endorse and vet out to get good ones that we can.

Newburgh Woo sixty seventy thousand dollars twelve months
"sixty seventy thousand dollars" Discussed on Biz Talk Radio

Biz Talk Radio

04:01 min | 2 years ago

"sixty seventy thousand dollars" Discussed on Biz Talk Radio

"Hour by hour. There are new to this coming out about this college cheating scandal on these big rig names that have paid millions and millions perhaps their kids get into a college. The people who are back with Dr Huber dock. They are their photo shopping pictures of their kids heads on pole-vaulters to show that they're athletic. So they can say my kids being recruited here. And it just goes on and on. And you wonder some of these people do these things for so long. They almost figure they're gonna get away with it forever and ever ever and Sunday catches up with you in this week is that week. It's about time. I think this this isn't a new thing. It's just the first time we've really had evidence thrown out there. On Twitter is yelling color me shocked, right? Now, that's gotta be real. Of course. The real losers on this are the kids who not only didn't get into these colleges because. Faces were already filled up by these people paid their way. But also the kids legitimately got there. I mean, these are flagship university of this country, Georgetown, these California might mean, there are a number of, you know, these big names, and it's what is it? The lower level coaches, perhaps they're paying off the people who don't make as much that can be bought exactly de-legitimize those educational programs. It's like, okay. So how many people at yell really got got through yell. We can go back and look at. Famous people who've gone back to school. You know? I mean. Gone to college. And they got into these great Ivy leagues. Did they really get in? There. Are they really that smart or did they just get over here? It's sorta funny and you can go on Twitter. Right. Even this moment. Hashtag college cheating scandals trending and then yesterday diversity Hoffman and Lori Laughlin. But all these people saying, well just goes to show, the the rich people really are done, and it goes on and on. But as you say, this is not a victimless crime. We really don't even know who the victims are you can just suppose which makes a little more complex because all these people who you know, who knows what happened to people who should have gotten in. When it said people were paying the bucks to. And this is the singer the Amana Newport Beach who was the alleged mastermind who I can't even begin to to break down the ways in which he did this. But you know, these all these these criminal masterminds using their superpowers for bad. My goodness, right. Exactly. We've always talked about that if they would put that much effort and energy into doing the right thing. This will be such a better place. And it's just amazing. Hollywood stars feel good about them and their kids. So that's something. Hollywood stars exactly whether whether it was. Jesse you know. Yeah. Crime. And he's complaining what was he making sixty seventy thousand dollars an episode and the majority of America doesn't even make a year. Guy. And I know you pointed out you, and we're not necessarily left wing left leaning. But so many of these liberals who yell about intolerance, and the conservatives are these awful people that so many of them are the ones who are, busted and sort of have to own up. And I'm not saying there are people on both sides of the aisle, you out I guess exactly prime definition of obfuscation make a big stink about somebody else. And nobody sees you doing it. And you know. It's just dirty pool. You know, shouldn't shouldn't be allowed, and we need to crack down and not just not just the government. You know, this is happening man speak up because it's not fair the kids it's not fair educational system, which you know, at one point we thought was the best in the world. Now, maybe not so much. We're letting.

Twitter Hollywood Dr Huber dock Jesse Amana Newport Beach Ivy Georgetown California Hoffman Lori Laughlin America sixty seventy thousand dollars
"sixty seventy thousand dollars" Discussed on Biz Talk Radio

Biz Talk Radio

04:01 min | 2 years ago

"sixty seventy thousand dollars" Discussed on Biz Talk Radio

"Hour by hour. There are new to this coming out about this college cheating scandal on these big rig names that have paid millions and millions perhaps to have their kids get into a college. The people who are back with Dr Huber dock. They are there photo shopping pictures of their kids heads on pole vaulters to show that they're not letting so they can say my kids being recruited here. And it just goes on and on. And you wonder some of these people do these things for so long. They almost figure they're gonna get away with it forever and ever and ever and Sunday catches up with you in this week is that week. Well, it's about time. I think this this isn't a new thing. It's just the first time we've really had evidence thrown out there. On Twitter is yelling color me shocked, right? Now, that's gotta be real. Of course. The real losers on. This are the kids who not only didn't get into these colleges because the space is already filled up by these people paid their way. But also the kids legitimately got there. I mean, these are flagship universities of this whole country. Georgetown, these California. I mean, there are a number of, you know, these big names, and the low level coaches, perhaps they're paying off the people quite don't make as much that can be bought. Right. Exactly. And the de-legitimize those educational programs. Yeah. It's like, okay. So how many people at yell really got got through Yale. I mean, we can go back and look at. Famous people who've gone back to school. You know what I mean? To college. And they got into these great Ivy leagues. Did they really get in? There. Are they really that smart or did they just pay their we hear? It's sorta funny and you can go on Twitter. Right. Even this moment. Hashtag college cheating scandals trending and then yesterday. And laughlin. But all these people say, well, it just goes to show that the rich people really are dumb, and it goes on and on. But as you say, this is not a victimless crime. We really don't even know who the victims, you can just suppose with which makes a little more complex because all these people who you know, who knows what happened to people who should have gotten in. When it said people were paying the bucks to. And this is the singer the man in Newport Beach who was the alleged mastermind who I can't even begin to to break down the ways in which he did this. But you know, these all these these criminal masterminds using their their superpowers for bad. My goodness, right. Exactly. We've always talked about that if they would put that much effort and energy into doing the right thing. This will be such a better place, and it's just amazing needy. Hollywood stars feel good about them and their kids. So that's something need Hollywood stars, exactly. Whether whether it was just see with his mom. Edged cry. But he's complaining. Was he making sixty seventy thousand dollars an episode and the majority of America doesn't even make a year. Guy. And I, and I know you pointed out you, and I are we're not necessarily left leaning. But so many of these liberals who yell about intolerance. Conservatives are these people that so many of them are the ones who are busted and sort of have to own up. And I'm not saying there are people on both sides of the youngest in the fine. You out I guess, exactly. Prime definition of obfuscation make a big stink about somebody else. And nobody sees you doing it. And you know, it's just dirty pool. And you know, shouldn't should be allowed to crack down. And not just not just the government. You know, this is happening man speak up because it's not fair to the kids. It's not fair to our educational system, which you know, at one point we thought was the best in the world. Now, maybe not so much. You know, we're.

Twitter Hollywood Dr Huber dock Newport Beach laughlin Ivy Georgetown Yale California America sixty seventy thousand dollars
"sixty seventy thousand dollars" Discussed on WJR 760

WJR 760

02:45 min | 2 years ago

"sixty seventy thousand dollars" Discussed on WJR 760

"To you from the North American International auto show. We've been talking about some critical things you need to know when investing in real estate in the number one thing we've covered so far is to get familiar with overall market can dish conditions understand the unemployment rates the yield curve, the buffet indicator. This is going to give you a big picture view of what the economy as a whole is doing what direction it's heading. Now, these guarantees of what's going to happen. But they've been predictors in the past and going to take a look at now that we've such strut some light on this. We're going to talk about how to prepare yourself financially to actually purchase an investment property back with his Ryan Kelly, owner of Remax eclipse in Waterford Ryan before the break. We were talking about these current economic conditions in signals while neither one of us. Hold a crystal ball. Let's assume that we may see. Some shifts in the market, you know, maybe later this year going into next year. What are some things that people are investors can do to prepare for maybe a market shift or investing in this market? What I told my clients in some that are your friends of mine is well known one of my clients. I think twelve years old, but. He talked about this on a daily basis of what we both kind of talk about what I the information. I provided his telling him to hoard as much cash as he can get to prepare himself for the shift or is in this market. That's kind of people may feel like it's unsettling. So the safest way to insulate yourself is just saved the cash don't spend it don't go out there and don't just put your money out there for a thin deal. Hold it. Hold onto it keep it in the Bank. So you can't find one that has a much larger margin of profit. Okay. So profit margin cash is king is kind of what you're saying. You want to you really if you're having access to money, which is really the second critical of watching market indicators was the first the second critical thing is you want access to your money. And again, having that readily available to you make sense. Now, you mentioned folks by thin deals. Can you just explain what you mean by just having thin profit margin? So don't just don't spend forty fifty sixty grand just to get two thousand dollars back. Just it's not worth it. Hold onto it. Find a better deal because by insulin yourself by hoarding on the cash and your Bank, you'll be able to instead of having fifty sixty one hundred thousand dollars out just to make a couple of grand you'd have all that in your Bank account to find a dealer can make you sixty seventy thousand dollars hold the biggest pull the big trigger on the deal. You really want? Not. Yeah. Not something short term, correct. So let's talk about lines of credit. I know this is one avenue. That's available. Lot folks. Investors, included, and some investors definitely opened this open them up. Is it a good idea to have some lines of credit ready to go? And I think.

Bank Ryan Kelly North American International Remax Waterford fifty sixty one hundred thousa sixty seventy thousand dollars two thousand dollars twelve years
"sixty seventy thousand dollars" Discussed on Max & Murphy on Politics

Max & Murphy on Politics

03:49 min | 2 years ago

"sixty seventy thousand dollars" Discussed on Max & Murphy on Politics

"And these are these are attorneys that you know, from your work. Over the last ten years. I've really developed a pretty good reputation. I'm the guy who went out on his own at age of thirty and really put together a pretty successful law practice, where I go up, you know, all of my adversaries, I wouldn't say all ninety five percent of my adversaries. Once we have a case, we become friends is mutual respect as attorney and the people that I'm talking about this. They all want this opportunity to jump in here. There's a lot of people that are very upset with the government is run. And I really believe I represent that. And I want to give a voice to those New York's and from your from your vantage point, where a couple of the examples of things that you think are way off the rails here one thing and one of my I'm public school guy. And I believe, and I really believe, and I don't understand how this is not the policy public policy every single public schools should be a great school. We shouldn't have all these kids that are just the unlucky kids who didn't get picked to go into a special school or charter school and all those. Schools charter schools are great give and good education. But what about the rest of the kids? So right now in New York City, there's two major sources of revenue that we think are coming up congestion pricing money marijuana money. And all I hear about is all that money. Go into the trains, and I wanna be the guy was gonna stick up there for the kids and say this money should be going to the schools especially in the marijuana and with the marijuana legislation. I wanna make sure that somebody is keeping it under control and not just forcing this in. I don't hear anyone talking about. Keeping every fourteen year old on a sheet from being stoned all day long. And I don't hear anyone talking about the edibles, which is really dangerous thing. You know, if you know about the edibles edible marijuana, I'm saying basically, brownies and cookies and everything kit wants, and if we're not gonna treat that stuff like it's amunition, then we're gonna have problems in the city. Jared. I know that you know, it's it's really inappropriate to judge a candidate by how much money they've raised. I it's too bad. At that is often the criteria for participation in debates, but folks have made a point me over the years that that there is something to be said for what fundraising says about a politician's ability to organize to to generate some consensus to get some some people behind them because that then in turn gives their work power. And it's especially important for public advocates to make sure they have do they maintain and build their own bully pulpit because the office doesn't have that much kind of inherent power. You've raised under six grand three thousand of that is your money. Some looking at that might say, you know, does this guy have what it takes to to take the off supply advocate and make it as valuable as it as it could be what do you think? What if you were voter looking at your fundraising totals? What message do you think that conveys? The call this election on January second by January twenty first those numbers that I have there's some more than that. They'll be more by the next disclosure. On the ballot by spending twenty five hundred dollars on my petition. And you look at my opponents. They spend fifty sixty seventy thousand dollars when you look at the petitioning and the election, lawyers and all the nonsense. I kept streamlined it. I got it done for twenty five hundred dollars. What percent three million dollar budget and watch what I could do. That's my wh-what perc-. There's been many forums and debates around the city of the number. You know, whatever number is it had been held about. How many would you say you you've been to? I think that is going to be my seven this'll be my fourth night on the road tomorrow night in a row, they'll be another seven eight nine before election day, I'm hitting the circuit heavy. And so that sounds like you missed a bunch of them though. At the beginning..

New York City marijuana attorney Jared twenty five hundred dollars fifty sixty seventy thousand d three million dollar ninety five percent fourteen year ten years
"sixty seventy thousand dollars" Discussed on 106.1 FM WTKK

106.1 FM WTKK

03:24 min | 2 years ago

"sixty seventy thousand dollars" Discussed on 106.1 FM WTKK

"Dave Ramsey show. Hey, how you doing better than I deserve. What's up? Good question for you. Related question. Step number two were paying off some cardinal that we've got right now, we have about forty seven thousand left on that. And then my question is is that we're looking to buy a bigger house. Like three to five years and currently houses. We owe one hundred sixty eight thousand should once we are desperate side, the mortgage dollars college fund and. And the other baby steps the mortgage. Should we just pocket money to save for down posit on home down the road? Just going pay it on the mortgage because when you sell your house, they give you a check at closing, right? Right. Though 'cause I'm always worried. I'm going to show my house to house you don't want to own. We don't wanna own two houses. Right. Exactly. So don't put yourself in a position that you do that. No. You need to pay down your house and then sell your house when you get ready to move. And then just make that work. That's that's the normal way of doing things number one. But number two when you save money to the side, like a it's not gonna get any greater return unless you unless you put it at risk. And and be it ends up going onto a bass boat. Did you say you old forty seven thousand dollars on your car? Yes, sir. And what's your household income? You make you broke up you make one hundred thousand and you have a forty seven thousand dollar car. Yes, sir. Okay. A good rule of thumb is to not own vehicles. When you add all of your things with Motors and wheels together that they shouldn't equal more than half your annual income. I think you're violating that you probably have a car here too expensive because you know, when you have when you make a hundred thousand dollars a year, and you got sixty seventy thousand dollars tied up things that are going down in value. It makes it very difficult to build wealth. And so you need to really look at that. And consider that Jason is whether it's in Austin, Texas, Jason welcome to the Dave Ramsey show. Great talking to you. Dave. How are you? You. Did you get off that speaker? All right. I'll come back to you. When you get this figured out. Matt is in Boise, Idaho. Hi, Matt welcome to the Dave Ramsey show. Hey, how you doing better than I deserve. How can I help? Hey, me, and my wife have saved up a good chunk of change in the Bank, and we have several investment properties. We own actually just to. And then our own personal home. We have no debt cars are paid off. Trying to figure out could do with that money in the Bank, whatever it is pay off mortgages or invested in new rental properties. I know that. I would have you become I would have you become debt free before we move on with more properties. That's what I considered that. Oh, well, yeah. Their dad, if you don't pay them, they call they do this thing called foreclosure, of course, it's dead and it adds roster. Okay..

Dave Ramsey Matt Jason Boise Idaho Austin Texas sixty seventy thousand dollars forty seven thousand dollars forty seven thousand dollar hundred thousand dollars five years
"sixty seventy thousand dollars" Discussed on The Dave Ramsey Show

The Dave Ramsey Show

01:45 min | 2 years ago

"sixty seventy thousand dollars" Discussed on The Dave Ramsey Show

"When you sell your house, they give you check at closing, right? Turn it though. 'cause I'm always kind of worried that whenever I I'm gonna show my house. I gotta find a house. You don't don't wanna own two houses. Right. Exactly. So don't put yourself in a position that you do that. Now, you need to pay down your house and then sell your house when you get ready to move. And then just Mike that work. That's that's the normal way of doing things number one. But number two when you save money to the side, like a it's not gonna get any greater return unless you unless you put it at risk, and and be it ends up going onto a bass boat. Did you say you out forty seven thousand dollars on your car? Yes. And what's your household income a man life, one hundred thousand two hundred you make your you broke up you make a hundred thousand. Yes, sir. And you have a forty seven thousand dollar car. Yes, sir. Okay. A good rule of thumb is to not own vehicles. When you at all of your things with Motors and wheels together that they shouldn't equal more than half your annual income. I think you're writing that you probably have a car here this too expensive. Because you know, when you have when you make a hundred thousand dollars a year, and you got sixty seventy thousand dollars tied up in things that are going down in value. It makes it very difficult to build wealth. And so you need to really look at that. And consider that Jason is whether it's in Austin, Texas. Hey, Jason welcome to the Dave Ramsey show. Great talking to you. Dave. How are you, sir? Did you get off that speaker? Yes. All right. I'll come back to you. When you get this figured out. Matt is in Boise, Idaho. Hi, Matt welcome to the Dave Ramsey show..

Dave Ramsey Mike Matt Jason Boise Idaho Austin Texas sixty seventy thousand dollars forty seven thousand dollars forty seven thousand dollar hundred thousand dollars
"sixty seventy thousand dollars" Discussed on BiggerPockets

BiggerPockets

02:32 min | 3 years ago

"sixty seventy thousand dollars" Discussed on BiggerPockets

"And I am investing because I'm as I'm young in a portfolio that is super heavily super aggressive heavily weighted towards stocks. Right. What the challenge I think that's going through my head. If I'm in that position is if I moved. To a sixty forty portfolio, which is capable of sustaining my retirement and giving a higher distribution. I'm for going. Some of those returns I could be getting in the next three years and potentially reducing the total amount of welfare have at this years. When I go an attempt to actually pull the trigger and quit, right? So what I think is interesting is the fact that you went ahead and did the sixty forty portfolio ahead of time to get comfortable with the distributions of that portfolio. And how did that affect your decision? Mentally was that do you think that that's a very critical part of the decision mentally to actually pull the trigger? You know, the interesting thing, the I the psychology of looking at your portfolio when you are in accumulation phase is very different way looking in retirement phase because you're doing two very different things when you are still working you want to get as much money as possible you want your stocks to go up you want to pick the right ETF's. You want to do all the kind of stuff and get as much money as possible. So that is the maximum amount that the moment you hit your. Your retirement date. Bam, and then you go NAMA millionaire ha boss on that kind of stuff. But when you're in retirement, you actually don't care about Tilly like in the past couple of months in which I haven't even been paying attention to the news Trump's them in saying that, and I don't even know what he's been saying. But it probably sound like that bad, and I know stock market's been gyrating, and my overall portfolio has dropped probably or absorb has dropped probably. I'd say less than five percent probably less than five percents like, but that's still like fifty sixty seventy thousand dollars or something like that. Right. And I just don't care because I'm just looking at them being like what's yielding like what's yielding. It was it paying me how much cash generating. I literally don't care about the top line up and down up and down down number because all I care about is how much income generating me. Plus, which is what I called last show the yield shield. Plus, what is in my cash cushion? If that's good enough for next year and a good enough for the next three years. I'm good. I literally don't care. So it's a very different mindset because when you are accumulating, and when you're working, and you're putting money, this document, you really care about when the Dow goes up two hundred points, or and it goes down eight hundred points, but when you're retired..

ETF Tilly Trump three years fifty sixty seventy thousand d five percent
"sixty seventy thousand dollars" Discussed on Biz Talk Radio

Biz Talk Radio

01:51 min | 3 years ago

"sixty seventy thousand dollars" Discussed on Biz Talk Radio

"And so we owe money on our home, we'd like to get the home paid off. But all of our money is tied up on our 4._0._1._K plan and the cost to pull that money out. I've almost got to take out two dollars to net. One don't I? So I take out two dollars I net. One give one to the Bank. And I just dropped my 4._0._1._K by two bucks. But if you could take that money, I don't only have to pay a ten percent tax on it. When are you? There's not very many retirees that have money in a 4._0._1._K plan. That's going to be in the lowest tax rates when they retire other than zero because right now goes from zero to ten may go from zero to twelve and a half. We don't know how the rates are gonna come down yet. But they're all going to be lower. They're all going to be lower. It looks like except maybe the thirty nine point six and even under the Senate plan that's thirty eight and a half. So it's one point one percent lower still lower. And I think everybody deserves a lower tax rate if you will. And you know, what you give to one you're taking away with the other hand. And I get all that. And as I said, there are a few things in this Bill that I would have changed. But hey, I'm not there to change it, and neither are you. Just take what you can get. If you get a proposal like this. I will tell you that if if you've got a pension plan or if you've got a fairly sizable retirement account. And you've got income in with social security and all that in the fifty sixty seventy thousand dollars per year when you retire. You ain't end the less than ten percent bracket. Not if you take out twenty five percent of your retirement money. You'll be in the minimum.

Senate Bank ten percent two dollars fifty sixty seventy thousand d twenty five percent one percent
"sixty seventy thousand dollars" Discussed on Biz Talk Radio

Biz Talk Radio

01:49 min | 3 years ago

"sixty seventy thousand dollars" Discussed on Biz Talk Radio

"We'd like to get the home paid off. But all of our money's tied up on our 4._0._1._K plan and the cost to pull that money out. I'm almost got take out two dollars to net. One don't I? So I take out two dollars. I net. One I give one to the Bank, and I just dropped my 4._0._1._K by you know, two bucks. But if you could take that money out and only have to pay a ten percent tax on it. When there's not very many retirees that have money in a 4._0._1._K plan that's going to be in the lowest tax rates when they retire other than zero because right now goes from zero to ten may go from zero to twelve and app. We don't know how the rates are gonna come down yet. But they're all going to be lower. They're all going to be lower. It looks like except maybe the thirty nine point six and even under the Senate plan that's thirty eight and a half. So it's one point one percent lower still lower. And I think everybody deserves a lower tax rate if you will. And you know, what you give to one you're taking away with the other hand. And I get all that. And as I said, there are a few things in this Bill that I would have changed. But hey, I'm not there to change it, and neither are you. Just take what you can get. If you get a proposal like this. I will tell you that if if you've got a pension plan or if you've got a fairly sizable retirement account. And you've got income in you know, with social security and all that in the fifty sixty seventy thousand dollars per year when you retire you ain't in less than ten percent bracket. Not if you take out twenty five percent of your retirement money. You'll be in the minimum.

Senate ten percent two dollars fifty sixty seventy thousand d twenty five percent one percent