20 Episode results for "Sixty Six Hundred Dollars"

CSS DFS: Week 14-2020

Fantasy Focus Football

41:03 min | 4 months ago

CSS DFS: Week 14-2020

"The whole six so. Welcome into the fantasy focus. Sdfs podcast presented by geico. I'm daniel dopp to my left. Is mike clay joining us from his humble abode. Is al felton. We are going to get you guys ready for your week fourteen. Dfs late and i don't want to waste any time. let's just get right into it. I beat mike last week. In the week thirteen recap. that's funny. How like whenever we started show that we can try one. It's just like oh. Let's take our time and joke around and then get right into the rankings. But when you win it's just like let's just not even intro. You know we'll say the names and then just irate. Listen last week is that i. I said a lineup last week that they did well. Your lineup also did okay. Like it wasn't a bad lineup. No it was fine. I mean one forty six six. That's almost exactly what was projected. It's enough to win and fifty fifty. Yes it is a win it mostly your your head to heads as well so good week but you'd a great one and you know it's just i mean let's roll back to the show. I mean you. We talked about this right. You set a s- tackle you basically set a tournament lineup. Hash gave me it against me and write. It was houston right cutie in cooks so stack it and you hit one seven three so it's a very good score obviously showed well in the tournament so well done not as good as kingpin. Eleven twenty two with two hundred and thirty four point one. That is a lineup right there. Congratulations kingpin just crushed it. You can join our weekly contest. Unlimited participants free to enter. Mike clay always tweets it out. I will re tweet might klay this week with the link. There's always questions about it. I never tweeted out and it's hard if you search. Can you search for with interrupt kings. I don't know the answer to this gift to join our league. You might be able to search for the league but All might know that better than me but Thanks for sport in the podcast. I appreciate that you got have time for one tweet about the show but the you know i love you just guide. You showed them today. You know. I'm glad. Alpine fell showed up. But i don't know why he's wearing a syracuse shirt. I'm so confused. Matthew is not here. who are you catering to get it. I'm catering to me. I also went to syracuse representation on the fantasy focus. Podcast at all times. It's in the bylaws. Don't you read them. I didn't realize first off. I wrote the bylaws. Second of i didn't even realize you went to syracuse. That's so crazy. Wow accent my time in upstate. New york and then i got out bass that sounds like a good idea. Los angeles please. So good yeah. I didn't want to be part of the group thing i don't go. I went to kutztown d to school. I don't wanna like you know when these big timers go into syracuse. Anyway i went to the same college as andre reid. that's all it matters. Wow hundred kutztown. It sure did. That's our state football stadium. Andre reid stadium. that's awesome is. You guys is computer lab. The might klay computer lab. It should be should be should be. Are you listening right. I liked that i liked. That's good that's good all right. All right happened now arm. It'd be disappointed that i will work on some pairings. Let's talk about some football season long. Status between mike and mike is seven two six. It is a heated battle as we come down the stretch and this week. We're gonna give you as a ton of picks to be able to choose from organised start at quarterback position like we always do just in herbert taken on the atlanta falcons sixty eight hundred dollars back back. Tough games here. Mike but doesn't look. You're worried in just in herbert. Yeah i like the seven highest price titan or tight end. Wow that'd be interesting. Yeah seven quarterback in this late this week. Sixty eight hundred look. Last week was obviously a rough out if you add them in your lineup season-long. Dfs you know that. But it was his first career game. Without at least one touchdown also as i without a carry. You know no carries in that game. It's a fluke. He's gonna get back on track. His poor games were against the patriots and the bills but before that he had two or more touchdowns was a top ten fantasy quarterback in seven straight games. He's at the three hundred yard bona six times already during his rookie season. And he's facing the falcons most fantasy points of quarterbacks. They're bad in every category across the board and as it applies to tournaments. I mean we're going to get to this later will really dive into it. But you're stacking opportunities in this game whether it's the comeback or the primary sack they're fantastic so again. We'll get to that a little bit later in the show but a lot of reasons to like justin herbert this week k. Earlier in the show the season long show al. I asked mike clay if he was back on the tanna wagon. And i'm curious if you're on the tanna wagon this week. I don't know how to reply to that. But i'm on right. Yeah we'll sit tanna wagon tanna wagon all right. That's a new one He has multiple pass touchdowns in nine of his last ten games where he did not play the indianapolis colts and last i checked. The jaguars are not the colts. They just aren't so he's got eight point. Nine pass yards per attempt. And the jags are lying. League-high eight point two yards per attempt to opposing quarterback so this is a great spot for him to kind of challenge downfield. And he's got you know pretty good downfield targets with aj brown with Corey davis who's really shown out this year and had a big season. And then we've got a little bit of consolidation with that passing with that. Targetry because humphries going on. I r and really not that many guys behind them that can handle a lot of the target market. Share there so great for standalone in cash games where you don't need to stack but also fantastic in terms of tournaments where you do want to correlate that lineup so hills an all around good play this week love. It was just the ten of hill though. I hear what you're saying. I on the tannahill. See no now wins. One point zero cana wagon is so much more fun you can just imagine. All of you guys get wood-paneled right. There's a back seat that flips up looking back at traffic. I had one of these. When i was a kid. Did you guys now have a station wagon growing up. Not a minute. Small minivan for okay. That's five that's fair. that's fair. I mean station wagon. A mini van is basically the same thing in all honesty a couple of quarterbacks that we want to talk about here aaron rodgers against the detroit. Lions it almost doesn't make a difference. What aaron rodgers prices. Because he's aaron rodgers and he's playing the detroit lions yes. I think that covers. It is yes exactly. You said it all right have to say. thank you. A couple of sub six k. Quarterbacks that we're gonna talk about here. Mike glennon only fifty one hundred dollars taking on the tennessee titans and then matt ryan and mitchell trubisky mike clay. Can you just give me a sentence on each one of those about why you like. Both of them as subs six k. Quarterbacks that's it you said it quarterbacks yeah and again. we're gonna get more into this with herbert. just talk about all kinds of stacking opportunities. There you can Julio jones's underpriced we're going get into him so you can do ridley jones ryan and again. We'll do more of that but That's the key there and again trubisky's just too cheap and in a decent match up here so playboy last week again against your detroit lions. And he's still under price. Oh definitely options. If you're looking on the cheaper side you wanna spend up out of their positions. Those are two guys you can look at absolutely in case you did not listen to these season. Long podcast to find your bell. Let us know that. The bears were sent home from practice today. There's obviously some situations that you need to monitor so definitely check out for the latest on that to find you underscore. Espn at mike. Clay nfl. I'll tell you what we'll just do this at all and feld while we're here we'll just give that out so that everyone can have it. Just follow everybody to make sure that you have all the latest lineup advice from that so but obviously you got to watch the bears game to see what happens there mike. Here's a question. do you own or rent. your home i do. I'll bet you do. I'll bet it's a lot of hard work to. It's a lot of hard work. I'll bet it is but you know what's real easy. I'd like to know bundling policies with geico geico makes it easy to bundle your homeowner's or renter's insurance along with your auto policy and it's a good thing too because you already have so much to do around the house so go to guy. Excuse me go to geico dot com. Get a quote and see how much you could save is geico easy visit. Geico dot com. Today that's geico. dot. Com are mike. Let's talk about some running backs. In austin ekeler. Seven thousand dollars taken on the atlanta falcons. We just talked about justin. Herbert at the quarterback position and austin ekeler really value. Here against the falcons no reason to be scared by last week. Yeah i don't think so and look. I usually don't like to see a quarterback and running back from the same team in these but again you're not always going to have the kind of the same exact lineup is me just options right. In fact i won't have get the music so much. Good music is happening right now or somebody really likes. Uh-huh awesome support. Let's find out you know. The funny thing is going to be finding out whether or not it made it onto the recording or whether we just heard it in our universe we were crazy thing so yeah sorry about that but anyway. Let's talk austin ekeler here. So look comes at seven k. Against atlanta it is a good matchup and look. He's played over sixty percent of the snaps in both games. Since he's returned he has twenty two carries in twenty five targets during that span. So it's back to same old austin ekeler. You love that volume. He's a number seven scoring fantasy running back during the five full games. He has played this season with fantasy. Production that's been there. The volume's been there. He's obviously very good at football one of the better offenses. He's ever played because they're scoring points. This is of course last couple of games. it is somewhat of a tough match up. The falcons have been really good especially as late against running backs but they. They're kind of and receiving production. Right there really good against the run. Not as good a pass catching back. Ekeler really thrived. So i think it'll be okay. The price is too low at seven k. I like him okay. let's move on to our. We're going to talk about james robinson. Seventy five hundred dollars taking on the tennessee. Titans al as james robinson a five box running back this week. Is that what it's called running the will. There would be five bucks running back but they're never favored so one of the things. We wanted the five bucks for running backs that i focus on to try and make things a little bit. Easier for people are running backs that are playing at home. Running back favored have an expectation of twenty or more touches including the past game and get the inside the five work for their team. It's just an easy way to kind of look at a slate and find rape players. Now that doesn't mean that if somebody doesn't check off boxes they're not a good play and james robinson is what team math would call an outlier. Is that right mike. Because they won one game this year thing that we want to play running backs through tend to do better when they're on the winning side for obvious reasons. Those winning teams former touchdowns they play from a head so they get more carries and everything else along those lines. But james robinson is going to get twenty plus touches in most games. He's gonna have four five six targets in most games he's gonna get all of their inside the five usage i believe he's got what nine touchdown so far this year. combined so touchdown expectation every time he takes the field. Four five targets gives us massive floor with every target being two point seven carries or equivalent to two point seven carries and he's getting twenty touches even losses so the price is certainly crept up but at seventy three hundred. It wasn't too much last week against minnesota and they're tough run defense now. We have tennessee. Who i think that he can do well against especially considering at one hundred twenty total yards and a score is first time against this team. Yeah we we talk all the time about more and more teams using committees. And it's just not the case jacksonville. So i mean he's basically just got rid of winter fournette and just plugged him right in and he's just handling that full workload every single week. They're trying to mix in some other backs a little bit more than they have earlier this season. But he's still getting eighty plus percent of the carries and a handful of targets. I'm with you see. He's he fits that outlier bill for shore. I'm going to say this. And i don't know if this is grazing to say but i think james robinson should be the rookie of the year. I think the expectations of of what james robinson. As an undrafted free agent were based on even though these justin herber was has been amazing and joe burrow was great before it went down like no one had lower expectations for james robinson and he has not just crushed them but he has made himself. I'm excited to see what we're gonna look for next year as to how he's gonna fit into a running back ranking so yeah definitely in a candidate for fantasy football. Mvp yes about totally totally all. Right let's talk about another running back here. Kenyan drake sub six thousand dollar running back only fifty five hundred dollars taken on the new york giants which is a little bit of a tough match-up and the cuyler splits you. Tell a story mike. I'm going to you up and just kind of let you go here with us. Yeah definitely so a couple of things on cuyler first of all. Because i think it's a larger conversation and a couple of weeks to look at this. Look he's fifty five hundred twenty second in the sleet in terms of pricing. So it it is a value based on what we've seen from what we've seen. Since his return remember he was out with. That injury came back and week. Ten fourteen plus fantasy points in every game. Sixteen fantasy points per game during that span. So he's back of back to what we hope for the season. He is ten or more carries in every game is averaging sixteen point two per game. And here's one of the keys. His recent success eleven targets in his past three games he had a total of eleven is first eight games. That's what we were all confused about. Where the targets will now there. They made an adjustment. The carries her down a little bit. Too targets are up and has pointed out earlier. They are more valuable than carries in fantasy. Football also has four touchdowns in his past three only four in his first eight games. So they've been there as well now. The carries okay. This is where it gets interesting because if you look at inside the five opportunities right weeks one through ten kenyan drake at six carries column had five chase edmonds had won the past three weeks with murray limited right. He got hurt. he been running as much. Drake nine murray is too so big difference there right i mean just instead of murray running in scrambling running in their handing it to drake ease scoring touchdowns but as we talked about in the earlier. Podcast today stefan pointed out that he's not on the injury report anymore right so is he back. Is he going to run it now. Is that going to take away a scoring opportunities for kenyan drake. Maybe but i think that based on how he's being used he's being thrown to more still going to get when they run the ball at the goal line. he's still going to get those carries. I still think at fifty five hundred. He is a tremendous value. This week k. Al anything you want to add their real quick and kenyan drake for a move on. I think the mike hit all of it. All comes down to volume. Same thing with james robinson. Same thing we kenyan drake. If he's not getting those inside the five carries or volume of them. He's not gonna score touchdowns and now he's getting that volume trumps everything and he's not at a price. That's restricted fifty. Five hundred allows you some wiggle room. Or if he has like nine or ten or eleven points is not gonna kill you especially not in cashing. Yep absolutely all right couple of other running backs that we want to mention here. David montgomery sixty five hundred dollars. Taking on the texans again like we said you got to monitor that bears game just to make sure you know what's going on. Jd mckissic forty nine hundred dollars taking on the san francisco forty niners. That feels like a really nice price. Point for jd mckissic especially if antonio gibson doesn't play this week every week there's guys that get hurt right starters. Her and they're ruled out late in the week. Like booker last week. Jacobson and pay off but some weeks pay off some weeks they don't but there's always going to be values that creep up because that with gibson out because the next guy up. I mean you can take your chances on peyton barber if you want. But you know they get you may get eighteen carries two targets in this game and if you find the end zone twice gonna pay off at his price point but Don't like him. Nearly as much as mckissic. He's the cash. Play giovanni bernard five thousand dollars taking on dallas. Geo obviously has had some struggles recently. Mike you laid out a really good argument in the season-long podcast why you like giovanni bernice we can you give us a quick truncated version for those that. Don't listen to that. Show definitely look he has a very. He's had very tough schedule. Divest four matchups. They've had faced three really good run defenses the volume still in good. He's still feature back going to get seventy percent of the carries and we know that any at any given point you could have five or six targets and another thing is and this is more on usually talking cash else talking tournaments but people like like you what you were like. Give me the side. I during the first podcast like what like geo bernard like him like people are afraid of them now because he's had four straight games with fewer than ten points but he's a great opportunity against a bad dallas defense this week against a run so perhaps he gets back on track and again tournaments. You can get away from the consensus. And and if he hits he's going to big time. Yup all right. Frank gore four thousand dollars taken on the seattle seahawks does not play tai. Johnson actually more money. Forty-seven i think. Maybe there's an expectation that we saw we saw from thai johnson. Things that we just aren't going to see from frank or he doesn't have that explosiveness he doesn't have the speed so frank definitely four thousand dollars if he starts is a great starting running back but tied johnson definitely more of a tournament. Play where he could have that big play upside. Hope you all right. Let's talk about some wide receivers here. Because i i'm shocked by this and i understand. The julio truth is have come after me a number of times in my life you deserve deserve it. Everyone's allowed to have their own opinion. But i understand what you're saying but still you can't use that if you're just wrong though you can't just say he's over you know you can't just say i have an opinion that one plus one is three. You know you can't do that. Yes doesn't work that way. Over rated thing. The same way that shawshank redemption is overrated. It is not a top five movie of all time. Even though everyone wants to talk about that does not mean that it is not a great movie that does not mean that when i put together my island list of movies. It's not on there but it's just not top five the way that i feel like you know i. I don't think listen. It doesn't matter that's fine and i can agree with you. A lot of you know lots of great movies. Whatever you could have that opinion but this is a really dependent objectively speaking. Julio jones is i think he's averaging i saw a tweet. I wish i knew i was more. He's averaging ten more yards receiving yards than anyone else in nfl history. Then i'll tell you what saint good give me some more consistency. No all right fine but this weekend z. Because this week sixty six hundred dollars. Nine hundred dollars cheaper than his teammate. Calvin ridley could be a ton of points scored in this game. This feels like an easy stack option which we can talk about a little bit later but sixty six hundred dollars a lineup. I'm going to force him into my cash lineup. No matter what this week he's just too cheap for a guy that has he. huge ceiling. High floor is not under not over the top five while see all those things i think about his p- i feel like because he's missed time with injuries and matt ryan says mcgrane fantasy that We really acknowledged or appreciate how good julio has been thinking about his past five full game that he played six catches ninety four yards on eleven targets. Five for fifty. Four and a touchdown on seven targets. Seven for one thirty seven and ten targets. Eight for ninety seven ninety eight for one thirty seven two touchdowns on ten targets. That's his past five all real good. I mean sixty six hundred. What's that l. is properly rated. He's properly rated underrated. Okay i mean is racing. I thought you were talking about this. Pricing which is practicing is to properly rated yet no question so look fifteen plus fantasy points on all five games. He has played only davante. Adams is more fantasy points those week so he's basically a wide receiver to when he's a full go this season. He's going to be a full go in this game. I know that the chargers have decent numbers against wide receivers but they face the fewest targets. I don't you know we know who is going to get his target. So we're not really worried about that. They're still allowing the eighth highest yards per catch and their mid pack and touchdown so wide receiver. So i'm not worried about that. Julio again just it's inexcusable. This has to be allah. This has to be one of his lowest prices. Ever right i mean yeah. It's it's at around that. I think sixty five hundred a couple of years ago coming off of like injuries or for you know what happened when he leaves games early and then it kind of fits into the decay pricing algorithms all. He had like a two point output this week and that kind of affects the way that they price them There was a mistake a couple years ago along those lines Or if it happened. Monday night football. But he's a seven mid seven thousand wide receiver of his career. That i've ever been playing the k. Get him in your lineups. Yeah i don't even want to know. I just feel this. I wanna huggy so badly right now. I'm not allowed to hug you. But i want you to know that i love both of you very much. We're all allowed to think the things that we think sometimes just sometimes you're never gonna convince me on that one. I don't need to convince you try to convince you all right but it's still wrong. That's an i an i. I'm respectful of opinions but that's a. This isn't an opinion conversation. All right like a sixty minute. Podcast serious we really do. We really do all right. Let's talk about somebody else. Al corey davis six hundred dollar price jump. After laxed weeks eleven catches for one hundred. Eighty two yards and a touchdown but still only fifty seven hundred dollars. Yeah and i like both of the tennessee. Wide receivers here but when you're getting a sixteen hundred dollar price break on. Somebody like corey davis. You kinda wanna take it now i. I'm always hesitant to kind of play. Whack-a-mole chase the ball around the roulette wheel right. I don't want to go. Yeah well twenty two came last time. So i'm gonna go play twenty two this next role And it does kind of feel that way with davis chasing points but the volumes there and he's been extremely good this year especially in comparison to aj brandy more catches an aj brown more yards more twenty plus yard receptions and pf has as the second highest graded wide receiver this year. He's having a fantastic season. Is david so against jacksonville who've been streaming wide receivers and quarterbacks all season long i don't see an issue with this he's not quite the shawshank redemption wide receivers. That would be julio jones. But i'll leave. Daniela tell us who he thinks. The legally blonde receive resistance. That's an his top five. Wow wow for the record. Reese witherspoon crushed that role. I'll have you know so step off a little bit. However i'm with you. On corey davis. He's looked absolutely fantastic. I have no idea how how fifty seven hundred dollars here feels like a great great value across the board. Whether it's casual tourney games remember. He was a top ten draft. Pick right the pedigree's area basically this houston on tape. Parker is really broken out. Just he was not aggressive early in his career. That was my criticism of of him and then to hear him. Say that in the offseason. Like i need to go out and do my thing and aggressive. And it's worked. He is he sees actually broken so this is a chance. He is a star receiver. Now going forward in the nfl. So love Love is situation as well like towels point very cheap this week. Yeah let's talk about a couple of the wide receivers here and i'm going to list a whole bunch of people here. We got a lot of different options especially within the wide receiver group. So if there's some pricier wide receivers that we like devante adams against the detroit. Lions almost doesn't make a difference. What is price point is. He's the best wide receiver in the nfl. Going up against one of the worst secondaries in the nfl. you need to have them in your lineup. Adam feeling taking on the tampa. Bay buccaneers keenan allen Taken on the falcons devante parker against kansas city. All four those mike. I know that you like some under five k. Guys tee higgins taken on the dallas cowboys. Williams against the jerry jeudy potentially against the panthers in a gp. Like i like judy and tournament setting this week. He's kind of been down as of late but again they've had a very tough schedule. Much easier this week against the panthers and honestly the panthers may shadow if they do in this game. They're gonna put russell. Douglas tim patrick dante jackson. If he's fully healthy if not. It'd be a rookie up against judy. That's how they've been kind of deploying corner so a chance really good match up and again. It's one of them. Things like geo bernard where people are kinda scared off right now based on his performances. One of those was the kendall hidden game otherwise it was teams really really good against our perimeter wide receiver. So judy is a guy. That's underpriced under five k. And as a chance to get back on track here k. A couple of guys under four k. If you need to fill out your lineup. Darnell mooney the texans and caja handler against the panthers. Both guys just massive eight dots. You're looking for that big. Play there for for both of those guys. Jackie grant taking on kansas city. And michael gallup thirty eight hundred dollars taking on the bengals. My favorite plump pay punt. Play week. I just don't know a of these of these guys that we listened sub. Four ks michael gallup the one that you would you would wanna go to first and foremost and cash lineups. Yeah i would try to find a way to get him if he can look you. First of all he played. That was the tuesday game. Right there was a tuesday game well nonetheless. The pricing came out before he just had his most. Recent big is his best game. Since i believe week two and the reason i really like him is the matchup right. Will i you know. William jackson has been terrific again. Number one wide receivers. He's probably gonna shadow amari cooper in this game. And if he does that puts gallup on the other side and that spot of the field. The bengals have allowed the most fantasy points. Do this season. They're gonna get areas phillips back this week but leshan simms has really struggled says phillips when he has been active so that spot that side of the field has been elite for wide receivers. this season. that's where gallup's gonna be on almost all routes this week so for we can just talk about the dallas wide receivers in general because last week all three of them had at least nine targets You see andy dalton seemingly looking a little bit better less bad than he has been that offense while while well this is the right. You're right it's like. They're not back to where they were and they can still be bad but they can be better than what they were and make them serviceable right so like all of those wide receivers are really. I don't i don't know if they're all in play this week. But i you know ceedee. Lamb and michael gallup are priced. Low enough that you could at least look at it and consider it. I'm with you another another stack option. That i think that we should look at here. Is chargers falcons right. We talked about both justin herber and matt ryan as quarterbacks and there's almost endless possibilities in what could be a really good high scoring game is kinda wanna breakdown. How we could do this from a staff. Perspective for Charters falcons yeah. I'll jump in then. But i just talk through some of your options here with again. We've been mentioning these names throughout the entire show so it's nothing new here but With the chargers. You have just in herbert austin ekeler keenan allen. Mike williams hunter henry. You know pick your poison. You can even use a herbert ekeler stack here. Because he throws to him so often it's one of the rare exceptions and then on the other side either as a comeback or a primary. And then you you bring back with a charger. You have matt. Ryan to jones calvin really and hated hearse. Plenty of options there as well. And i mean this sesa chance to be very productive. Fantasy game atlanta's the most fantasy points to quarterbacks a second most receivers the six most of the titans as we mentioned kinda decent against running backs. Yep the chargers. Six most fantasy points to quarterbacks tenth most running backs fourteenth most the tight ends they've bought nine touchdown instead his second most in the nfl. So you're attractive. Matchups on both sides are they're underpriced on both sides. There's a lot you can do with this. I agree and if you wanted to go because the quarterback never really is the one that dictates. Who's gonna win the tournament right. Quarterbacks don't typically run away from the field we've seen it happened very rarely right. We saw it with matt ryan. Julio jones a couple of years ago when he threw for like five touchdowns and five hundred something yards where he had like fifty five points as a quarterback. And you needed to have him like you could even come down like and save yourself thousands going from herbert to matt ryan and going with a double double right ekeler with alan. Julio jones and calvin ridley go with kind of a full game stack here with the most popular players because that combination of place is going to be way less played than whatever else is out there and still leaves you running back tight end and a flex or you have to find. A couple of value plays a secondary stack. But it's more than possible to do it because of how condensed the targets touches are for those four players. Those positions heck yeah spoiler alert. There might be a stack in my lineup week. My clay perhaps. Perhaps let's talk about some tight ends. I mentioned this on the season. Long show logan. Thomas feels like a layup here. Thirty three hundred dollars taking on the niners. Now forty niners have good defense right but thirty three hundred dollars for the amount of volume that logan thomas potentially is going to get terry maclaurin antonio gibson both dealing with some injuries there. So if there's anything that happens that offense he could see a massive a massive workload. Yeah and this is the difference between like season-long right. Sometimes everything aligns pretty well. I was like leaning towards sit with logan. Thomas season-long podcasts earlier today. Because you know it's a really tough match-up the forty niners have allowed. The fewest fantasy points targets and receiving yards to tight ends. If only on three touchdown to that position. So maybe you could find yourself a better option at that spot and season-long especially ten team leagues. But he's thirty three hundred in this match up after what we just saw from the past couple of weeks. It's hard to not like him nine catches on nine targets for nine hundred yards against pittsburgh. Four for twenty and a touchdown against dallas in week twelve. He's a number five scoring fantasy tied in five games. at alex. smith is played the bulk of the snaps. Oh little worried about his volume being lower before that. I'm worried about the fact that alex smith is only thrown four touchdowns in five games. And i'm worried about the matchup. But he had a thirty three hundred. You're you don't need much from him right. I mean if you get nine ten points you're fine right and he should get that like to your point with the injuries there as well especially terry mclaren's out feel better so again all you need is you know what four fifty or something and you're to yourself a good day so i think at this price point. He's fine absolutely. I'll tight end. I know that you are big on this week. Former basketball player mo alley cox played college. I did actually know that. I knew i learned that on a twitch stream that i was on i went on and did a cage match with al zeidan failed this week. You can check it out on twitch stream as well as youtube channel that he's on so we had a lot of fun going back and forth doing a head to head lineup there so check that out but out twenty five hundred dollars the lowest possible price. I mean tell me why he makes the pump. Play them okay. So in cash games. If you're playing fifty fifty double loves head-to-heads. It's very viable to pay down at tight end because it's the biggest bust rate of any position. There's really not all that much talentless. You're paying all the way up to get travis kelsey and it's much harder to find players in the thirty five hundred to thousand five hundred range at wide receiver to justify paying up or travis chelsea this week. Maybe a little bit different. You might be able to get there but if you're looking for punt plays you're looking for guys that are on the field running routes getting a lot of snaps and maybe it's possible. Please don't take this out of context. But from fantasy perspective frank reich is kind of bella. Check in in the sense that like. You don't always know who he can play when there's a lot of toys on the table. He's got three running back these cycles through all of them he's had three tight and it's trying to we're trying to figure out who's gonna get the most snaps and run the most routes for the last couple of weeks. It's been mo- alley cox for the colts. He has been out snapping. Both doyle and burton been running more routes than both of them. He's been getting solomon targeting. He's such a when they get close to the end zone that he is a massive target for philip rivers the throw the ball to so we actually have some touchdown upside here if he gets you five points. Get five point three last week against houston get you five points for two point five k. That really does not hurt you in your cash where you really are just trying to get to one hundred and fifty points. And it's going to allow you to pay up for some of those higher volume running back and higher volume higher upside wide receivers so as a punt. Play a price saver. Here you do have touchdown upside arguing enough snaps in routes and that's why i like mollycoddle agree. That was beautiful. It was well said like it was like this is part of why i love having allen this podcast. All of his arguments are so well thought out. It makes a ton of sense as well. I'm not saying. I knew that they said that man. I'll tell you what like. Thank god al's here. Don't you dare a all right. Let's talk about another thing. How does really well. Let's talk about poll. Commit twenty nine hundred dollars against the houston texans. Well yeah you talk about yeah. Yeah he's got the name value with what was it again. I'll the non-copyright frog. i mean. come on. That was good. That was good. That was that was funny. I couldn't but had a hard time containing myself after that one last. That's that's just too perfect. Only twenty nine hundred dollars. Taking on the texans this week. It seems like another really good value. Absolutely if you don't wanna take that chance on mo- alley cox because you're worried it's going to be a tray. Burn weaker jacked oil weaker. Who knows maybe you go to. Committee is only twenty nine hundred. We've talked about him last week. He finally scored a touchdown using my cash lineup last week. Actually when all was said on. Seven targets had five catches in that gables for season-high. Here's out snap jimmy. Graham one thirty nine to eighty four over his past three games. He is the number one. They're they have changed. You know made the change verna. Too tight unleash beyond your roster right now make sure you know. That's one of the sneaky. Maybe for an shallower dynasties on waivers. I'm telling you right now we're gonna come out with our we're gonna start coming out with rankings for next year and a couple of weeks. It's that time of the year eddie. And you're going to get into sleep or talk offseason. He's going to be the guy a tight in everyone's going to be talking about him to breakout player tight end next year. I'm telling you any. Has it in him right. He's high pedigree he has he can block. He can catch the ball. Tony now if you can get him. Now's the time to do it. And it is a good match up. The texans have only allowed four touchdowns tight ends but the most receiving arts in eighth highest yards per target. So he's the guy. Now we know jimmy. Graham has been a borderline tied in one commit very well could be going forward and that means that this price twenty nine hundred. It's gonna go going gonna go up so using again. Speaking prices going up travis. Kelsey seventy four hundred dollars. Always the most expensive tight end on the slate. Is it worth it to find a way to get into your lineup against the miami dolphins this week. It's tempting right. just put them in there. Just because kelsey right. I mean he's been money plus catches andy plus targets and five straight sixteen more fantasy points and all of those games at dolphins pretty good against tight end six most fantasy points allowed to tight ends only at four hundred and seventy one yards and four touchdowns. So maybe this isn't a week. Because you have these cheap options and allows you to spend up and get a say a davante adams and aaron rodgers and a julio jones and still some decent running backs i mean. Maybe you want to go cheaper there. But there's no qualms with travis kelsey especially in cash. She's just the floors so high all right one of we're gonna talk about here. Drew sample taking on dallas. Only three thousand dollars had seven catches for forty nine yards last week against the dolphins just another just value. Play three thousand dollars. There's a lot of lower price tight ends that you could look at this week differentiate. I mean the key there was brandon allen has just been throwing it's ton yes so if he played and he was beat up so i'm not positive he's playing ryan finley could be in there but alan likes them. So yeah that could be way too especially in a tournament. Yes differentiate differentiate yourself from these guys who everybody is going to be on samples and option. Okay all right. We've reset time in this show where we give out our award winning lineups where twenty. Yes won't work. I have won six awards. You won seven of them. Let us talk your week. Fourteen headline up against me might click all right. I'm gonna. I'm gonna actually have a stack here to post an intentional. You don't have to stack and cash on here. And i love this one. Aaron rodgers davante adams. It's been pretty good this season on purpose right. of course. I don't know just because they're playing the lions i. Just oh yes. Of course. we're so great matchup. Great players love that stack running backs and flex here. Austin ekeler kenyan. Drake geo bernard wide receivers. I mentioned that jones and then The place i'm going to save some money here is at wide receiver three with darnell moonies. Thirty five hundred mile. So i've logan thomas in there at tom he's talked about him. And the bengals defense twenty three hundred dallas lineup having both devante an julio with aaron rodgers austin ekeler. There's some there's some good value there. I like that. Yeah i like it too. I felt like. I didn't really have to punt it other than mooney and again. He's he's been pretty good is major area. It's always the chance for a big play. And i don't eat much at thirty three k my lineup. This week justin. Herbert starting at quarterback with austin ekeler and david montgomery david montgomery only to five hundred. I know we talked about pairing a quarterback a running back but like we said this is one of those situations where based on austin ekeler's receiving ability. You could you could slide him in here and not feel terrible. I love montgomery to. I some variations. My lineup included him. And when all said and done you might be in there as well. So i like that a lot. My wide receivers are keenan allen. Michael gallup and julio jones saw joe. It's interesting your lineup. Double stack with the chargers on the other side of jones. Sixty six hundred dollars tight end is going to be logan. Thomas thirty three hundred. My flex is going to be myles. Gaskin fifty six hundred dollars. Michael gallup at thirty eight hundred as my other wide receiver. A said that. But it's just you know we're trying to find some some places where you save some money and i think that value there is worth it and then the bengals defense taken on dallas. You know what. I may change that by the time we do the same thing. I think they're good. Play at that price point but again you're home at the tournament lineup. So this is risky for sure. I mean the risk the concern. I would have if this is my cash. Lineup is what. Herbert actually is hitting us a little bit of a slump here right to harry games. I'm confident we'll get back. Trophy doesn't your your. You've herbert ekeler. Keenan allen you have someone on julio on the comeback. I mean the low scoring game. Because they're struggling and they run the football. I mean you're risky. If that happens. I will lose my. That is what will happen. However i think i have made my peace with it. I am aware of the variants of what this is. I'm taking some chances. But you know what i believe in justin. Herbert man. no you're you're bored of losing to me. You just want to lose to the whole field. I get this should be never. I'm not even gonna get we get enough on this podcast al. Give me your tournament lineup. For this week all right. I'm getting a little spicy here with this tournament lineup. I'm gonna go with this. Young quarterback might not have patrick mahomes. How very expensive eighty one hundred. I'm going to double stack him with two other. Lesser known players. Not very flashy tyreek hill and travis kelsey. Wow of us going with the double chief stack here. I'm also gonna bring that back with myles gaskin. I've got geo bernard and gallup as a secondary stack it running back and wide receiver the save me money brett perriman from the jets with denzel. Mims out this week. His none bre shot perriman. Brett pairing was a wide receiver for the be param. I love to use that repairman. I'm so that yes age. Oh age look. Sometimes it's to. Have i already do this. All this gray up here at the helm pepper looks so good man. Don't even i've that coming into. Yeah you do. Yeah be perriman is a solid value with out this week. And then i've got a standalone player at flex with brandon as well San francisco in the late game putting the latest player in the flex and the jaguars defense. Because i needed to punt somewhere. I could afford to go with the bengals as well but i didn't wanna. I just decided to stay away from the negative correlation between gallup and the bengals Yes and as you say that al. I realized i have to austin ekeler into my flex and move myles gaskin running back situation because i need that game in the flex so good looking out there all right. I think that's going to do it for us here in week. Fourteen might you have and then you want to add before we say goodbye. The good How about the showdown captain lineup. For there's there is a week of football sunday. Monday tuesday thursday and then back it sunday so pretty similar enough saturday games as well so anyway. Showdown lineup yeah. Showdown lineup Robert woodson captain. In the flex. Jared goff and cooper kupp. So you got a lot going on there with the rams offense gave their kicker in the flex and cam. Newton didn't to damir birdies at random huge game as well. So there you go. Captain showed ain't happening. Showdown captain man. I'll tell you something. Tell me i think my line of going to beat yours this week. But i think you've got a good lineup. Thank you yours as well. Ira and i respect you. Just as a human being i respect. What is happening here. I just want to leave with good stuff. We went back and forth each other so much. I just wanted to know you and of course we just talk a good time me. It's a good time al. Thank you for joining us. As always in fact we wish that we were out in los angeles with you because it is cold here in the northeast so. I hope that you enjoy that sunny california weather and i don't really have anything else to say. Yeah thank you for that. Appreciate it appreciate it all right. That's going to do it for us this week. Then you guys so much for sdfs and for hanging out with us all season. Long for mike for al. My name is daniel. Don't forget to love each other. We'll see you guys next week so the.

james robinson mike clay mike geico kenyan drake Corey davis austin ekeler Julio jones syracuse aaron rodgers falcons matt ryan aj brown herbert football michael gallup four thousand dollars sixty six hundred dollars nfl geo bernard
George Floyd memorial service paints a picture of the person who has become a symbol

The Daily 202's Big Idea

16:04 min | 11 months ago

George Floyd memorial service paints a picture of the person who has become a symbol

"Good Morning I'm James. Holman from the Washington Post, and this is the daily two Oh two for Friday June fifth. In today's news to Buffalo police officers are suspended after shoving seventy five year old protester, and then leaving him on the ground, as he bled out from his head, as protests continue in DC president, trump clashes with the mayor over who controls the city streets, and the black and white economic divide is as bad today as it was in nineteen, sixty eight when the riots broke out. But first. The big idea. George Floyd was unique. But, he was also ordinary. His home going on Thursday unfolded under the most abnormal circumstances. But it was also deeply familiar. We'd seen it all before. The grieving family, the bold face participants the declarations of injustice. If there are differences, they were in the details. And perhaps. In the details. There's hope. Floyd's family filled the memorial service at North Central University in Minneapolis, wearing their dignified morning fashion. Dark suits and sober dresses, the sad women, and the big men with tears in their eyes took their seats of honor. As the service opened Floyd's brothers gathered behind the golden coffin, gave the world snippets of his beloved personality words that would make him the one. The family called Perry more than the victim in that video, the catalyst of an uprising in a symbol now in the hands of the world. Filippini's Floyd told anecdotes of playing ball with his brother of eating banana and mayonnaise sandwiches with him. And how they were always their mothers sons. George Floyd was just a guy in all the simplicity, then all the complexity that entails. The memorial service had the touchstones of the Black Church the soloist sing an imperfect but emotional rendition of amazing grace. And the audience raised their hands and praise. Men dabbed perspiring browse with handkerchiefs. Each speaker delivered a mini sermon, and that was just fine with the audience because. A homegoing takes time. The service took place against the backdrop of Covid, nineteen something that once seemed so strange and rare, and now seems to have faded into the background like readily ignored white noise. Some guests were wearing masks. Amy Klobuchar Wore Indiana and they kind of SORTA practice social distancing even as they were shaking hands, and leaning into exchange, greetings and hugs. Many of the masks read I can't breathe. which were among the last words that Floyd spoke as he died with a white police. Officers need press down on his neck. But those were also the final gasps of Eric Garner. WHO also died by police force a few years back in New York. The masks were extraordinary because this has become our shrugged off reality. And the truth that they proclaimed has become grotesquely. Familiar. There were also masks emblazoned with the letters N. A. N. for the National Action Network. Which meant that its founder? The Reverend Al Sharpton was on site. Of course sharpen. was there dutifully mask and glove? He's always there. In these situations. Sharpton was at the lectern, letting his words, roar and flow, telling stories that circled back on each other in familiar Hermanez of black preachers. He talked about growing up poor watching cockroaches scatter in the bright light, and that led to an explanation of how he spent a lifetime, chasing away a more malignant kind of infestation our country. When Sharpton was finished, he started thinking dignitaries and introducing guests in meandering into Tangents, which is what preachers do when they're winding down from their sermons, one half expected Sharpton to start taking up an offering, but then the singers began. And the praying began. The memorial was familiar in all its contours with its audience of saddened bureaucrats, civil rights veterans like Jesse Jackson Dashes of celebrity, including Kevin Hart and the lawyer Benjamin crump, who has become the omnipresent counselor of grieving victimized black families? Floyd has been elevated into an icon, the mural that loomed over his casket, the one that framed his face in a halo of flames, and made him look other worldly underscored that. In recent years there have been many emblems of racial injustice and amazing grace and thoughts and prayers are familiar bombs. But Sharpton noted that this moment may prove to be distinctive a different time and a different season this how he put it. The mourners are not only the deceased immediate family and others who look like them. Those in the majority have stepped forward in bountiful numbers. They were in the sanctuary with their heads lowered for Floyd. They've been protesting. They've taken knees. And so there is hope. Not because white people see themselves as allies. But because they recognize what it means. To be human. And that's the big idea. Here. Three other headlines that should be on your radar as we end. What has been another hellish week in America? Number One? In video from Buffalo New York. A police officer can be seen pushing a seventy five year old man with an outstretched arm will another officer shoves a baton into him. A third officer appears to shove colleagues toward the man. The man falls to the ground. His head whips backward onto the pavement with a thud. And he lies motionless. Someone is yelling in the video that the man is bleeding out of his ear, and you can see on the video blood pooling beneath the man's head on the street. But officers in riot gear. Kept walking. Leaving the man on the ground. He was later transported to the hospital where he is in serious condition with a very serious head injury. Buffalo Police Department declined to identify the officers who did this. What's especially going is that the buffalo police departments press release initially said that the man was injured when he tripped and fell. But the video shows. That was an odious lie. Dallas. Police who see another officer us? Inappropriate physical force will be now required starting today to intervene. A new rule known as duty intervene policy is meant to create a police culture that could have prevented a death like Floyd's and stop the kind of thing that we saw in Buffalo. In so many of these cases justice is only possible because a video. In Tacoma Washington Mayor Victoria Wood's called last night for the firing of four police officers there who were involved in the death of men, well Ellis a thirty three year old black man. New video footage that emerged last night from his arrest shows the cops eating Ellis senselessly on the side of the road repeatedly striking him as he struggles with officers. The footage shows the police telling him to put his hands behind his back while they're already on top of him. A Philadelphia student who was charged with assaulting a police officer earlier this week during the protests was released last night after video showed that the cop had actually roughed him up. Prosecutors dismissed the charges against Evan Gorski after seeing videos that had gone viral on Youtube and twitter. All. Three men accused of killing Ahmad Armory. The Black Jogger and Georgia will now stand trial for his murder, not just the guy who pulled the trigger. A judge in Glynn County Georgia announced the ruling after a day-long hearing that revealed that the shooter allegedly uttered the N. Word as the victim lay dying on the road. None of them. None of the three would have been charged with any crimes. Had it not been for the video? Into Hewlett California Mayor James Stewart has just resigned after sending an email earlier this week. Claiming that police in his city had never killed a quote, good person of color, he wrote that police in his city had never killed a good person of color. He sent the email in response to a constituent asking what he and his administration were doing to address systemic racism in policing. Stewart claims that the word good was mistakenly added by the talk to text software. He used to compose the message. Number two. An email from a military planner at the Pentagon set off alarm bells in the office of DC Mir, Mira, bowser or late Wednesday night, the official was seeking guidance as they determined quote. Route restrictions for the movement of tactical vehicles and military forces from Fort Belvoir, which is in Virginia in DC to assist quote operations, two bouncers AIDS. This requests smacked of an imminent escalation in the federal force that president. Trump is marshalled to quell the large street demonstrations over police brutality near the White House. During a news conference yesterday Houser said she is alarmed by the continuing to grow presence of Federal Security authorities in the city. She declared that she wants all federal troops from out of state out of her city. She also expressed concern that the trump administration has moved to extend security barriers beyond the White House perimeter to now fully encircle. Lafayette Square closing it completely to the Public Bowser, worries that these changes will be permanent. She noted. That this is the People's House. Not Trump's house. The White House is heavily fortified right now after more fencing and barricades were erected yesterday that it resembles the monarchical palaces or authoritarian compounds of regimes in faraway lands. It strikingly incongruous with the. Role of the Executive Mansion at sixteen hundred Pennsylvania, avenue. In fact during World War Two. Franklin Roosevelt said that he did not want. Fences erected around the White House because he thought that it would send the wrong message. America FDR explained was a free society. Now trump supporters see a projection of absolute strength. They see a leader controlling the streets. His critics see a wannabe dictator and a president hiding from his own citizenry. I was down at the White House late last night covering the protests, and a really big thunder storm came through there were sheets of rain and lots of lightning lightning bolt even hit the Washington Monument. But the peaceful protesters were not deterred. Bowser has lifted the city's curfew and more large protests are expected here over the weekend. Number three. We talk a lot about police brutality. And we should. But what's not been getting enough attention or the deep economic inequalities that African Americans also face. By more than a dozen metrics that we evaluated. The gap between the finances of blacks and whites as wide in twenty twenty, as it was in nineteen, sixty eight, when a run of landmark civil rights legislation culminated in the Fair Housing Act in response to centuries of unequal treatment of blacks in every part of society and business. In the decades since though white wealth has soared while black wealth has stagnated, many have pointed out the far larger share of white millionaires than black, but even among the middle class the inequities. Stark in nineteen, sixty eight. A typical middle class black household had sixty six hundred dollars in wealth compared with seventy one thousand dollars for the typical middle class white household. This is according to data that we have been justified for inflation in two thousand, sixteen, the typical middle class black household had thirteen thousand dollars in wealth versus a hundred and fifty thousand dollars for the median white household. An even larger gap in percentage terms. Wealth takes into account, not just wages that people are in for work, but their homes, their stock portfolios and other assets they have more wealth makes for a more comfortable safe life, but more importantly, wealth is passed on to the next generation. Their parents wealth gives white children a boost at birth, an advantage. Many of their black pures lack. Higher Education has long been touted as a ticket to the middle class. But for Black Americans that has not been as true as you might hope. The typical black household headed by someone with an advanced degree. An advanced degree. has less wealth than a white household with only a high school diploma. The wealth gap is even more pronounced among less educated Americans. A white household whose head has only a high school diploma has ten times the wealth of a black family with the same level of education. The fact that black family start off with so much wealth makes it difficult. TO CATCH UP Sadly the current economic crisis is almost certainly going to make these gaps. Not Better. The first economic victims of Covid nineteen were the service industries that employed disproportionate numbers of black and brown workers as a result after the great lockdown of this spring. Fewer than half of all black adults have a job right now. Labor Department figures released yesterday. Sure that only forty eight percent of black adults in America are employed right now tied for the worst rate on record. The equivalent rates for White and Hispanic. Americans have also dropped precipitously and alarmingly, but they remained far above fifty percent. There is real potential for an economic depression, a deep and long lasting downturn among black workers, even as the rest of the economy, particularly white households rebound. More than one in five black-americans now report this week that they often or sometimes do not have enough food eat more than three times the rate of white families. Black families are also four times as likely as whites to report that they missed a mortgage payment during the crisis. These numbers bold very poorly for the already low black homeownership rate, which was made much worse by the two thousand eight housing crisis. With far less savings or wealth to draw on, blacks are especially vulnerable to the downturn. Tragically everything I, just said does not even begin to address the higher hospitalization and death rates that African Americans face from the coronavirus itself. And that. Is the daily to to for Friday. June Phil. Thank you for listening. Our show is produced by Ariel Plotnik and our theme music is by Ted. I'm James Holman. Stay safe this weekend. I'll talk to you. On Monday

George Floyd officer White House president James Holman Al Sharpton Buffalo police America Covid Buffalo Police Department Black Church Washington Post Minneapolis North Central University Buffalo New York Amy Klobuchar Trump National Action Network
Can Annuities Help Grow Your Retirement Nest Egg?

Knowledge@Wharton

22:38 min | 2 years ago

Can Annuities Help Grow Your Retirement Nest Egg?

"Podcast is brought to you by knowledge award. Today. I'd like to welcome all the Mitchell to now. She's a word professor of business economics in public policy and also is the executive director of the pension research council. She's written a research paper with two colleagues that looks at why relatively few Americans as they saved for retirement through there for a one K plans with their companies for the most part don't take advantage of nudity instruments annuities done, right. Have the advantage of providing as you note in the paper of the via lifetime benefit stream of payouts. The keyword. Here is lifetime. I think because that can give retiree some security that will never completely run out of money and with people living longer today. Many naturally worry about whether they're going down live their money. So thank you for joining us today my pressure. Appreciate it very much. The town of your paper, by the way is putting the pension back in for a one K retirement plans optimal verses default longevity income annuity. So what? Want to ask you first? Let's just give everyone listening or reading a quick definition of what the newest is in this case showing. We old days. People that didn't have pension plans tended to have defined benefits. And in a defined benefit plan from retirement on you, get a paycheck per month about as an old-fashioned pinch at all fashioned pension, and you never run out assuming the company who's put together the plane stays in business. Now, we have ninety million participants with defined contribution plans. So for a one K plans for three b plans and typically they have no access to any kind of payout scheme at retirement. Instead, what a lot of advisors will tell people is roll your buddy out into an IRA account. And then we'll help you manage it. But they never mostly never come back and say we wanna help you make sure you what Ryan short. So the US treasury back in twenty fourteen decided to help encourage lifetime income, protection and the way. They did it was they said we will encourage you to take some of your money, not all of it. And in your 4._0._1._K plan and put it into a deferred income new Idi. So this would be a product where it would pay you lifetime benefits safe from age eighty five on. And if you do that, and this is something attractive to people that are in middle in higher tax brackets that amount of money will not be counted against you. When it comes to the required. Minimum distributions the IRS forces you to take out these so-called Abdi's required. Minimum. Distributions. Wants your aid seventy and a half. But if you set aside up to a quarter of your money in these deferred annuities. That's not counted against until it's a way to both guarantee. Your one Gemini protection and reduce taxes. She uses thanks to new rules. That were now able to do that. It could be a individuals might not, you know, perfectly understand we be aware of the change in the rules, or even some financial visors may not quite understand all of these rules. That's one thing. The second thing is just in general, and this is talking positively about I'm just going them annuities. First shorthand that that they've had. I don't wanna say checkered past but they've had some hits against them because of high fees some of some of them are great and some of them aren't so great. But because the ones that aren't so great they've gotten a bit of a bum reputation in some people's eyes, which hasn't cleared up as better. Products have come out is that is that about right? A couple problems with the public's perception, but nudity and one is that the insurance industry has put a lot of bells and whistles on these products, and you can understand why they do so people don't want to buy a lifetime annuity and then worry about being hit by a bus the moment leave the insurance office because then they'll say, oh, all my money went for not. Of course, that the way that insurance is supposed to work if your house doesn't burn down. You don't get any money from the insurance company, you were protected, but I think people don't really understand insurance and annuities are component of that. The other thing is that people suffer from lump sum illusion. So they think ooh, I've rich I have one hundred thousand dollars in my 4._0._1._K account, not realizing that if they were to convert it into a product that would. Hey, you the rest of your life. If you're male you'd probably get sixty six hundred dollars a year, if you're female, you'd probably get sixty three hundred women live longer than men, and so they see the hundred thousand dollars and don't understand that it really needs to support them for a quite a long time. We tire meant shoe. What were some of the main findings in your paper? So we were interested in trying to think about what optimal default be and by optimal default what we're looking for is the rate sweet spot. So how much should employers encourage their retirees to put into these deferred annuities such that it would make a difference in old age. It would find them that lunch protection. And it would make a meaningful difference. Now under these treasury rules. You can defer the new itty at maximum to age eighty five. And that was the first example that we studied in model, and if you did that if what we found is that people would optimally put between five and fifteen percent of their nest eggs into these deferred annuities payable at age eighty five and this would improve their wellbeing by six to fourteen. Percent. So how would it improve their wellbeing because they would be able to consume more in old age by virtue of the fact that they had not run out of money. She's not just peace of mind. Well, it's peace of mind in that. If you if you just draw down your retirement account say according to the four percent preview rule of thumb you could well run out depending on how long you live that what you invest your money. Whereas if you put just a small portion of this account in the deferred annuity, then you still have the rest of your money, which you can do with as you deem useful. But you will be protected against ledge heavy risk. And then part of our story. Also in lies d-, what would be kind of a nice middle grill default number. So if for example, if all US employers with defined contribution plans defaulted workers into deferred annuities worth of. About ten percent of their retirement accounts. They would be a lot better off. I can't be at that. With the observation that is someone only has five thousand dollars in his 4._0._1._K plan. It doesn't make sense to ties because it's not going to last very long. So we estimated was that if you had at least sixty five thousand dollars in your 4._0._1._K plan or more that all you would need to do is put ten percent of that amount into a deferred annuity, and you would be better off. By doing. So. So it's interesting. You mention this word befall in in connection with this. But there's been some other developments in these idea of the fault and how employers handle retirement funds for their employees, which I I think you say, and you've said in other contexts that that has benefited employees because it's helping them to make a decision that down the road. They will be glad to have made. I guess could you explain that that whole idea of default has been a large body of research around how to help him please save better for behavioral Bill story. That's right. And. Many employers have put in place for a one K plans, but left it up to the worker to decide. Do I want to participate? How much do I wanna do where do I want to invest it? And people get phased by that big series of complex questions. In fact, my own two daughters. Recently started working, and they've called me up and said mom, how much they say we're so in the real world in the US most employers are now using a default saving rate. They're also increasingly using auto escalation, so if I default to into your retirement saving plan five percent, then maybe I'll say next year. It'll be six percent less to opt out seven percent. Maybe I'll do it every year by percent, and you won't notice it and you'll be saving more for retirement. So our proposal is looking at defaults on the pay outside which nobody has really focused on yet. And on that pay outside. We're talking to annuities for the most part and rules that had blocked them in the past. But but are now gone and just that that people, and maybe some advisors haven't caught up with that reality. I think there's two issues one is that individuals in the population are still often misled or misinformed about annuities. Another key point is that Benny employers have been reluctant to audibly plug workers into newest products because they worry about their fiduciary liability. For instance, if I pick insurance company X as the annuity provider for you in all, my other employees. What happens if the insurance company goes bust, and I might worry that I would bear liability downstream. What's interesting now is that there are two bills. For congress exactly focused on this point allowing what we call a safe harbor set of circumstances. So if it implies wants to offer deferred annuity, then as long as you make sure it's a well regarded insurance company with the proper characteristics. And so on that employer would be held harmless for instituting those annuities in the plan, which I think is probably gonna pass into. You do an interesting experiment in the paper with two people age sixty six I having an opportunity divider for longevity income annuities in the second. Could you just give us like the short version of how that turned out? Sure, what we do is we build what we call a dynamic sto casting life cycle level most. And so what we do is we show for a series of simulations, what would happen to someone had no protection against shocks. Let one Devin shocks versus someone that does have protection. Now, these are complex models because not only do you not know when you're going to live til. But you also don't know what you're earning stream will look like it could go up or down the capital market returns better in some periods than in others. Until all that is taken into account in this model. So we do the analyses for people with and without access to the new ities and the bottom line is that people with the access to the deferred annuities are substantially better off and especially in the latter part of their lifetime. So from say at age eighty five or ninety on. And of course, you know, we don't often want to think about how long we're live much less. Think about when we're going to die. But it's completely incorrect to just assume you're going to live your life expectancy fifty percent of the people live longer than their life expectancy into mean. And if you do happen to be around at age ninety five or ninety eight or one hundred or one hundred and four you're going to need something to consume it. It's that protection. So valuable sounds kind of works like social security, so absolutely social security is a lifetime. And that's one of the beauties of the system. However, it only new ties is a portion of your retirement income. So if you think you need more if you wanna be protected against living too long in your social security benefit is, you know, fifteen thousand dollars a year, then you're probably need to have more live on. So how would you some of the key to? So I think the key takeaways are that led jeopardy protection is extremely important, especially for people who have a lump of money in their four one K plans and hope to make it last their lifetimes. They may be able to they may not we've talked about the fact that you don't know how long you live. There's also the fact that increasingly people at older ages run into financial problems because of cognitive aging dementia and whatnot. I know in my own case when my elderly mother hit or nineties, I wished. She had a life in new ity. So I didn't have to try to manage her remaining pennies, so they didn't run out. So it helps not only the retiring generation, but the next generation as well. That's pretty interesting of was there anything that came out of this that surprise you. Or is this kind of what you expect it when you took this project. Well, we started the project we picked age eighty five as the age when you're a new he would start one reason we selected that is with the law allowed in them or two if you the longer you defer, the new ity the more build up you have inside the product. So the better new itty you're gonna get when you've actually get there. But what we found was when we talked about this idea. A lot of people said, oh, I will live that long. So they said why don't you propose age eighty instead? So it was just a gut Bledel here Ristic. So we've redone the analysis in the subsequent paper that we're still finalizing. And it turns out age eighty is about the writing to do it as so that was to. Yes. Interesting. So we've talked about public misperceptions, and you talked about there's some new legislation that is being being looked at. But you also note in the paper that looks like this sector these annuities are according to industry projections ready to grow faster, could you talk a little bit about that. So someone's catching onto these ideas, I believe that's the case that annuities immi, especially in the insurance reman. Have not been as popular as I think they could be should be to the extent that people are not a ready very annuities. Then I think there's going to be an increasing demand for them. So for example, let's take the case of a low wage workers such a worker probably is going to get a replacement rate from social security of sixty sixty five percent. So it's not obvious that you need on top of social security, a whole lot more nuit. He's but a middle or higher way toward my cat forty or forty five percent. And so at that point that's the group that should be. That's also the group that has a 4._0._1._K plan to be quite honest. And so I think that's the group that a should be interested in mortality protection. Ledge of protection and B. That's the group for whom social security is a relatively shorter leg of that three legged stool and then a sea. Of course, they're going to be paying a lot of tax on it. If they take it out, according to the treasury required minimum distribution rule. So they can save some money as well. One hundred we talked about, and we got to this paper that would be interesting for people to know. And also, what will you look at next. What is things that we did in? This paper is to try to look at the relative attractiveness of deferred annuities for people of different educational and sex groups. So we know that in the US employers who offer a benefit have to offer non-discriminatory by sex. So you can't pay a woman less inner pension just because she's gonna live longer on average. And so we tried to see what would be the differential appeal by different mortality tables buy by sex. We also know in the US that people who have less education tend to have shorter lifespans. They live less long. And so the richness of the paper focuses on. We'll what about someone that only a high school degree. Those people have higher were Tallahassee males with high school degrees. Live less long than average with they still benefit from a deferred annuity. And what we found was that our rule of thumb about a ten percent deferral stills quite attractive over that threshold. You can't go annuity. Sizing people with five thousand dollars, and and as far as what you look at next who we always have a lot of projects that were cooking on one related topic is actually called the pan European pension plan pep and EP and the pan-european pension plan is the plan that's being designed by the EU to permit labor mobility across different countries in the European Union. There's been a big obstacle to mobility until now because every country had people contributing to the pensions in those countries. But it wasn't always easy to port. Those pension accumulations or benefit promises across nations. So the EU is now putting in place something a lot like this probably it will have a portion of a deferred annuity included. So that's one project that we're working on. We also have the different project that's related to different taxation structures for pensions during the. The last budget scenario, the Trump administration at one point suggested Roth fighting all pensions, and what that means in English is that instead of letting you put your contributions into a pension on a pretext bases. And then taxi you later, the the ministration wants to wants to tax you contributions earlier at up at the front point. And then you could take the money out after later without paying the more the advantage from the administration's point of view is that all the taxes that otherwise would occur in the future. Get levied right at the beginning. And so we know the federal government is in terrible rears so forth. So they need more tax revenue right away. Well. Continue. And then if. If they work at that way. What happens at the end, then they will have less. So the idea of rough defying all the the pension contributions really is kind of Tex gimmick in the sense that you bring forward in time revenue that the government some other administration we've gotten otherwise. But of course, then you get credit today. There are so real effects as well. However, so that's really what we're analyzing. Which is our people get a save more or less our people likely to save it for different instruments. So for example, if you know that you're going to pay more tax later, maybe you're going to invest risky Lee. To take the chance on the upside, but not necessarily be suffering as much on the downside. But these are things that are still very much in progress over area where you where you tip toe lightly right to maybe change part of it. If a percentage would go into Ross, not the whole thing that a complete makeover kind of has to be all or nothing. So this is something else that the Europeans are focused on because if you work for five years in one country in Europe in five years at another country, and then you retire in third country, where are you going to be paying the tax? So the European countries that are hosting workers at different points in their lifetimes. They want the tax up front. Thank you very much because what if you retired to Spain and you're no longer in their jurisdiction. So from government financing point of view, the tax becomes very very important. The timing of the tax thanks for coming in this great night for more insight. From knowledge Morton, please visit knowledge dot Morton dot U, Penn dot EDU.

US treasury European Union professor of business Mitchell IRS Europe executive director Spain Ryan federal government Bill Morton Abdi Lee Ross
Ep 48 - What are NFTS (Non Fungible Tokens)

Broke Millennial Finance Podcast

18:52 min | 3 weeks ago

Ep 48 - What are NFTS (Non Fungible Tokens)

"Finance podcast week is starting soon. Join us march. Twenty sixth through march twenty eighth livestream panels on personal finance budgeting and real estate. Crypto currency investing for millennials and more along with brand new exclusive episodes. You'll also have the opportunity to interact with some of your favorite podcasters including grant williams chelsea brennan from the smart money mama's show peter schiff and many more as they join us. Live on pod livestream register now at podcast. Week dot live slash financed. Use the code pod padron for a free pass that p. o. d. f. i n. we'll see you at finance podcast week. What's up everyone. This is broke millennial finance which your host mohammad khan and your co host for hajj meal and today we are going to be talking about. Nf nafta's or non fungible tokens or. He's got a got a bunch of names got a bunch of names So just before we even get into it. This is related to cryptocurrency. And were most likely this. This whole topic is going to be related to that and finance as well because cryptos always related to finance. So if you want to kind of let. Nfc's are and then. Just come and take it from there. Yes sure so. Like you mentioned the nfc stands for non fungible token. And what does that mean that. Basically means that non fungible means that something that can't be changed or replaced replicated right so their items are unique and can't be replaced with something else. So they are backed by the blockchain blockchain. I believe right so you can always trace back to who the original owner was and whether it is a duplicate or the original. Yeah so like i said. It was related to crypto there. You can't technically have any fraud hair. Just like cryptocurrency. Where you theoretically can't have fraud in coins and whatnot. So if i muhammad as the original owner of this podcast episode wanted to sell it because theoretically which is weird i could. I wanted to sell it. I would give said owner i. It'll be verified onset blockchain. We're not gonna talk or dive too deep. Into what all that means because you as an investor. Maybe you don't really care that much. You care more about the financial perspective of it. But theoretically like i said it gets on the block chain and then when i sell it to someone such as it'll get validated again. And they'll know he or she. Whoever i'm telling you the to the original owner it's weird and they can also see that. Got it from you and then you know where it started from exactly so no. It's not him just literally downloading my episode. And just selling it. Yeah as his own. So yeah so they could be duplicates by everyone can trace back to who the original owner was and see whether it's a duplicate or not and very simple to check. Yeah so now why you care for or why does whoever's listening to our podcast care so the main reason is because you can buy and sell an f. t's okay so you can make money off of it and you know if you're interested you can even buy it so yeah the different things you can. I guess by. Nf t there's a wide variety of it. So like you know you can even do is mostly used for music and art. But you know. I've even seen people do it for real estate even tweets and now exactly exactly. It's such a new topic or space that you're gonna see and i've already seen nba and is selling videos of lebron dunking. I think something we're back. You're going to start seeing. I dunno if started already probably has in game items. You start selling in game items. Like that's something i would be as a gamer. Be very interested in as a collector of i always get limited editions games for our items for games. I really like. Why would you not want to get a limited edition. Clouds buster sword. Yes so yeah. I mean i played. Is you know. Probably they will implement it later on. If it's not in here right. Yeah so to give an example of tweet. Why don't you jack dorsey. He's sold his first tweet for two point. Five million dollars. Yeah so you can see that. There's a lot of money and that's just the tweet and people. He's a very famous artist. Sold a j. peg file. This is this is a picture basically for sixty nine million dollars so there is a lot of money to be made in this hence why we are talking about it like we get the crypto aspect of things like you buy. Bitcoin appreciate in value is digital gold at durham. Same thing decentralizing finance and every this is on the part of the coins values smart contracts everything but this is it's part of crypto but it's different. Yeah pretty much. It's like it's. It's a thing that was eventually going to happen. But it's utilizing the blockchain which is again a very trustworthy source. I guess to validate everything. But it's building off of that. And like i'm sure people have if ideas before to sell stuff but he probably just didn't work this validates. Yeah does confirmed you are said owner. Yup and is now one person involved of keeping track. You know like The way you know you would see. Let's say on a a website where you sell something you would have to. One website will be the the main controller or amazon. Everything about you. And who you on into buying it from on the blockchain. It's a lot different companies. Just decentralized centralist the whole point so why would i buy. So yeah so. We talked about a j. foul being sold for sixty nine million dollars. Why would anyone ever buy that. You'll probably thinking so. The main reasons are probably either. You're a collector. You know an enthusiast. You're and investor if you see these as an investment you know since this is relatively new. Probably think okay. It's new people don't know much about it. So let me just china get what i can and then you know maybe i'll appreciate values down the line so think of like this. You buy a book him on a charge card. Don't think they'd go for millions so think of it like that. Why would you wanna buy a plane cart. It's just a car. there's no value to it. Theoretically in your head you're like why the hell would do that. But in enthusiasts who wants original items they buy a dude and they like they sell these cards from like thousands to tens of thousands of hundreds and millions of dollars. Pokemon was an example because that is just getting famous. Yu-gi-oh cards baseball. I think baseball cars used to be the thing back in the nineties. I guess now trading cards Pokemon and getting more up back famous. I should say the same thing. Mrs anthony urine enthusiast. You buy it similarly to these specifically specifically music your enthusiasm you wanna buy. Yeah and on top of that you have all the rights to it right so you know it's technically yours now even though you didn't make it You own all rights and ownership to it. So you know you can think of light say. Why would anyone want to buy the mona lisa picture. You know. that's not even know how much it's worth. It's just as one hundred million dollars right Would anyone in their right mind ever buy that because they want to show other people that they have the original. The one the one in only mona lisa. I guess it's more than just a talking point. It's you want to tell and show people that you own it. yeah right. Yeah you can buy a knockoff monalisa. From like some dude on the street. I'm sure you've got dollars ten dollars. I'm sure all gone ebay right now. You'll find it might be perfectly replicated. Yeah and it might be exact same thing but you know. No one really wants that. They want the original. That's how it always. Is you want said original picture or drawing or anything like even with music you walk that original cd label or the record player or whatever your vinyl players. That's how it is. The other thing is with nikki's like we said he kind of dive deeper. Internet other realm. You know. maybe it's something that you wanna show like depends on the tablet. If it's real estate this is still. We're kind of diving into it and we might we probably we'll make another podcast episode on this just a little bit deeper but recently there was a a are an augmented reality apartment. I'm trying to frame the word sold for half a million dollars and it was all furnished and everything. So you probably like. That's so stupid but the thing is that might be the next thing also is in a place called the central which uses men which is a token based off of a theory. Him that sells. It's not just lying. But they literally sell plots of land real estate names items and everything on there for for actual money and people buy them. I've got we just charge. Check the cheapest plot of land was sixty six hundred dollars six thousand six thousand dollars and a couple of years back. The cheapest one was like two thousand exactly right so the price is did appreciate a lot exactly right so you and not only that the coin itself the coins value itself went up like yeah so just to give that example. If hodges said when i i didn't really buy i had the coins i just didn't have enough to buy the land. I wish it did this. Weird to even say. But three years ago i believe the cheapest plot of land was about two thousand coins. Two thousand mcqueen's each mandolin. What at that. Time was about ten cents now. Each man queen is a dollar at least at the time of this recording. I don't know if it's more or less right now. And the plot of land increased six thousand meaning. It went from like. Let's say a couple hundred bucks to six thousand dollars. That is insane appreciation that is insane appreciation so that was the perspective. We're trying to say like there's different realms and it's very hard to obviously capture everything in this one podcast. We're just trying to give one the most use case which is art and to a brief overview of what it is like what the hell is going on. Yeah so now you wanna know. Why would i sell anything You know if you are someone. Who has kaiser some kind of talent whether it could be artists music tweeting tweets. I guess so. Yeah and that and you know you can count that as another source of income you know. Obviously you have to be able to sell that. You have to be have some kind of following right and you have to be known. You can't just be some random guy off the street unless you make you have like some kind of crazy talent that you can. That's what someone else buying. Yea i'm sure some youtubers were like very good music. I know there's something about a pianist and violin like yes sure they could make a song and then sell it if they wanted to to. Yeah yeah i mean. But i feel like you don't have no following you. Try to sell the tweet. No one's really going to buy. You might have to go with someone who skills like art. Maybe that's oh you gotta really cool picture or something. You're trying to sell that and just to give you an f. Why we are starting a crypto currency channel in which we saw stuff like. We can't explain on a podcast like how to buy and sell fifty. It'll be very hard to kind of say verbally so we have another channel where we're going to be doing a lot of how to to tornadoes on crypto will have the channels kind of ready to go. We have some video scheduled up. Maybe by the time you're listening it'll be up but we'll leave it in the show notes below for you as a checkup but myself how they're going to be making a lot of videos. I feel like though is now going to be part of our normal everyday life in space. Too many big players are in this now for it to be a fad whereas or fraud as people used to say back in the day or just an another tulip company basically. So you know just to give you if you want to be involved in that for you know you want to learn and grow. We'll be making videos on how to basically do all that. Everything crypto basically. Yes so now. Let's talk about the future of nafta what the future would be. I think it's an insanely growing market man. Am i feel like just still crypto still immensely growing. Nf growing everything is still like blowing up is still so early in its infancy that. I have no idea what's happening is that people are going to be worth a billion dollars. It's possible and there's a lot happening or happy because it's still extremely extremely extremely volatile. If you have talent and you want to kind of make money off quickly or maybe make it a permanent thing. Give it a shot. Try it out. Like i said we will make videos on how to do it. And it's not hard. It's not you don't even need to know anything about crypto. It's as simple as going like a five or type website and then setting it up and then selling it is just a little different. Because of the validation with the blockchain but these websites kind of do it for you just charge fees and the thing is. It's like right now. Like you mentioned is really knew. So there's no real showing that people actually care or not so you know if the person who bought the j. paul for sixty nine million dollars you know. Does anyone really care. Like he'll put it up on site he's on original owner of it. But you know. Is anyone going to actually go there and look at it. You're i agree. It's very weird. It's very weird like it. Depends on the item like pokemon cards. Like people like to be enthused about it. They're showing off shortly. Logan paul does ally. I think he's been a good chunk of cash man. I think millions to buy like a lot of cards like shows off of it. And i'm sure he makes him back youtube videos. And if someone who's that rich and waterford sixty nine mill. I don't know man. I don't think he gives a crap or he or she gives a crap. I mean yeah. I guess but will also was. I guess i read somewhere. That people who've can use to make money right after the by not just by reselling it but if you bought something that's really valuable on you know people want to see it. You can put it behind paywall. I've heard about that or the main thing is like little people if you know of neon cat which was a mean back in god man. It's been a while that was sold for one hundred either which is two hundred kato to almost two hundred. That's is it. Yeah it's almost two hundred. That's that's pretty. Yeah two hundred k. That's a lot of money dude for someone who is just like making a medium. There was another crypto cat that was sold for like nine hundred and ninety nine either like little people are making money off of it. Also and we're targeting. The little people obviously the dude who bought it for sixty nine bill. He doesn't need our advice. They're good man. They're pretty jack. Dorsey doesn't need us to tell him to sell his tweets. I'm pretty sure he's good to go. But we want. If you're like an artist or an entrepreneur and you want to utilize this maybe started doing some research on this and get into this because this is still. I don't wanna say it's new because it's been here since two thousand sixteen basically cerium. It's newer popularity exactly so maybe you still have a chance to ride this. Wave and make a good chunk of cash. Why not and then. Just maybe normalize it for yourself and then when everything's normal like it'll unsure in a like level out but who knows maybe it won't lay cryptos. A weird field man is still very much in its infancy. We don't still don't know what's going to happen. It's extremely volatile. That's what we always say. Only spend like what you're willing to lose like. Yeah maybe you can make a good chunk of cash or maybe you lose it all. It's very very much like game. Summit yeah so. I guess you personally what do you think is the future of nasty willoughby like part of everyday. Is you know what it'd be normalizing gain. I think certain fields like video games. It will be normalized like video games and maybe art. It'll get normalized. I don't know about tweets maybe music. I'm not really a big music guy. But i definitely think video games. Unlike art it will be normalized. Like people will be selling collectibles like game developers pacific. The gaming industry is gonna tackle immensely like people like a cup final fantasy or Nintendo oleg they're going to start selling mario hat for x. coins or whatever dollars like here's ten original has this new game that's coming out collector's edition and people are gonna buy it. If it's limited and yet people honestly i would buy. I would guarantee by something like with final fantasy or kingdom hearts. I love these games. I would love to be a collection of them and not only. That's another way for them to make people wanna buy it on the release day. You know kind of like you know. Be more hyped about the game. Like i don't know if they know that okay. This offense is being released soon. And there's only ten of these items that people can buy right then. Yeah i mean people would be trying to buy. Gaming is the biggest place where it'll be like be very much normalizing kind of actually be utilizing encompass. The other ones i. Yeah i can see music and art still happening especially for our. I think it's really interesting because there's a lot of digital artists out there right and there's really no way to i mean you could sell it but then there's always ways to make a copy of. Yeah because i i get my Logos and whatever items. If i need art from fiber sure someone could just robbie. I i remember. I had a higher to do once. Who just took a picture from google through the the words on. What the hell. But like now disobeyed like these companies will incorporate blockchain to confirm. No one's like this. He or she was made it and is now transferring said rights to the purchaser which is going to be very interesting so i guess you're right aren't might be a yeah and those websites like let's say what are those website people use. Dv something like that so like i guess what would be interesting. I would like to see that. There would allow people even a major or image. But dvr think it's i guess more towards actual artists actual artists just just uploading image thing. So yeah so giving art so it would be interesting to see them out users to be able to sell it and you know. Obviously though i saw yeah i take claim ownership will probably take a. It'll they'll validated on the blockchain for you. Then when you sell it exactly and then you'll sell thing is actually yeah. It'll be pretty good for the artist. Also i think. I think it's like i said it's a very new unexplored unknown market. Who knows what's going to happen. Man that was basically guys was just wanted to give you one. That gets you in the loop. What this is how you could make money should you. If you shouldn't even care not and but if you guys overall like this episode Be sure to subscribe to us. If you are listening to apple definitely give us a review. Want to continue supporting our podcast. Check us out. Subscribe to us on youtube Check our crypto cha and you know Listen to get us on patron. Our name is broke millennial finance and yeah and that brought now peace peace.

grant williams chelsea brennan mohammad khan mona lisa nafta Mrs anthony peter schiff jack dorsey Bitcoin baseball Nfc nfc muhammad lebron
#159: Deal Analysis - Fourplex in Westminster, CO Opportunity Zone

Denver Real Estate Investing Podcast

22:35 min | 1 year ago

#159: Deal Analysis - Fourplex in Westminster, CO Opportunity Zone

"You're listening to the Denver real estate. Investing podcast where it's all about helping you grow your Denver real estate portfolio. Here's your host Brisk Lopez. Everyone welcome back to their deal analysis episode. So today we're talking about eight four plex in Westminster Colorado and this was a transaction that I personally bought and also acted as the agent. So this is a a four plex. I bought back in quarter three of twenty nineteen and the fog getting around to do with deal analysis on it. So the back story on this This was a property purchased a ten thirty one exchange. I bought a property years ago out of State Lynn for year to then turn to rental and to think that happened. I've had since moved away from the vodka now live in Colorado. So I don't like having state properties and also that property just became a report rental property me neither Rinse Kinda stayed flat but the property about tripled in value so I had lots of equity on their mostly from appreciation and also in. I'd probably pay down a good chunk of the mortgage at just from the on a fifteen year mortgage so I had to pay down about seven eight years of principle reduction so wanted equity in there that I wanted to optimize and also bring back to Denver so before even listed property in Reno. I started trying to line up a replacement property out here in Denver. Because if you're not familiar with a ten thirty one exchange what that is that's That's a reference to the IRS tax code. It's lying ten thirty one or something like that. But that does allows a real estate investor too so one property and buy another property and basically defer their capital gains because normally if I would have sold that property in Reno Nevada I would go capital gains. Which would be quite a bit because market appreciated. But since I did at ten thirty one exchange I'm able to the furthest taxes and that painting thing and you can keep doing that over and over again after many many properties or basely what most people's plans are to do until they die so I won't do it ten thirty one exchange to minimize the capital gains taxes. Because otherwise I would have paid forty five or fifty thousand dollars in capital gains so I mean a big big chunk of money that I was able to. Fortunately keep in my pocket but the thing you have to keep on with ten thirty one exchanges is that you have tight deadlines for them so once. My property sold in Nevada. I had forty five days. Identify another property at a hundred hundred eighty days to close on property surrounding. That means I had about a month to get a proper contract and get through inspection to make sure that I want to move forward with the property because once you're past forty five day mark. There really isn't any going back. So that's the Baxter had ten through ten thirty one exchange works and so I started trying to find a replacement property. Just say hey cool. You know who who needs to sell their property. Who's got what coming up just because it's always worthwhile to start throw that out there and that's what we always do. I wouldn't have clients and ten thirty exchange. Is We start timing things up as so. We can hopefully match timelines since usually if we're buying investment property like multi unit the seller is often do a ten thirty months change as well so they know the game and they wanna be considered their own. Ten thirty one change deadlines so I found someone that was selling this property and we could both be flexible. Timelines to make work for my timeline. Also worked for their timeline so like this properly because it was fully rehabbed They had bought this full rehab on it. They spent close to two hundred thousand dollars. Rehabbing it and not just 'cause manic but the full assurance Co. New SEWER NEW WINDOWS NEW PLUMBING. Just lots of new everything on there and then really. I had about one hundred and seventy five thousand dollars to place from ten thirty one exchange so I wanted to Get only by one property with it versus trying to buy three or four properties just because the less moving parts there are the less risk. There is something going wrong at ten. Thirty one exchange. Because if I was GONNA go out there and buy four condos which have better cap rates are cashflows by. I'm Doug Juggling. Four different transactions if one falls apart I will not go back. They're in scramble. Someone do one property for simplicity and just less stress on my mind here so the profile for me. Getting all with this is that. I'm a Bible investor with a goal by at least one property year and my general goals are when appropriate in Denver Metro area and want something above a six percent cap rate. And ideally I like turnkey properties which means they need minimal work so I found this property through networking which is where More than half the properties we find for multi families actually come through our networking. So as I said I just you know months out I start Now with people saying hey who selling something I got this. How can make a deal and I was able to put this deal together. So the property is located in West Minister. So it's east federal. I'm sorry West a Federal Easter Sheridan and right around seventy second avenue which is just a few blocks south of AB thirty six. So there's a lot of multi in that location so good area good location and I really like this for Unit and there's probably about ten of them with the same layout they're all built back in that and it was in nineteen sixties or so and so the weights laid out is. There's four units but rather than being an up down four plex worry of. Tunis up top to bottom. These are actually townhouse style. Units so every town house is basically one corner of the building and they are two bedrooms and one point. Five bathrooms so Everyone has you know you walk in there on the ground floor entrance you walk in. You've got a living room closet. Kitchen washer dryer and a half bath go the stairs. You have two bedrooms and you have a full bathroom up there. And so all four. These units are identical at an issue that has said Washer and dryer than also a furnace as well as they control their he so I know the sellers. I cannot remember the exact amount they were going to sell for. But it was either eight seventy five to nine hundred thousand dollars or if they were targeting south four and just because I could come in and they know it'd been easier transact with me. I could make the work. Perfect for their timeline. I was able to get it for eight fifty so this is not uncommon for only do off market deals. Sometimes we're and get the property below. What the original sales price for it. Because if there's reduced marketing costs reduced time reduce stress. That's usually worth money to medium investors out there so talking about and why I liked it. It was a complete rehab property as it wasn't just cosmetic it was a a full rehab as actually located in an Opportunity Zone. Which is those federally or those areas that states have designated that gets a favorable federal tax treatment so I'm not taking advantage of the opportunities zone tax credits or the whole tax plan there but my hopes are and this was just a big fat. Cheer on tap for me was at other bigger. Investors are with a lot more than I have. They're doing it. Which hopefully just improve the whole area of the next decade. I can hopefully ride their coattails so moving onto the contract details as I said this was something actually got under contract before my property in Reno had sold and a Bassi already had a you know a verbal agreement or a handshake agreement on the terms. The timeline and everything before even been listed my property in Reno and we disagree to and said Hey wants to actually get my property listed and that goes into contract. We'll write the contract for this place just to make sure they're no crazy curve balls so we did that. My place in Nevada. Not Surprising or not uncommon. I forget what happened? There is inspection or lending knows a lending item and to the original closing got pushed back a week or two but that had no barents or no impact on the property. Goes buying out here in West Minister because that property closed? I WANNA stay right around. May I but I didn't close on his four plex until towards the end of August? So you're talking may June July August so almost four months later so that fit within the forty five day and one hundred eighty eight day timelines after ten thirty one exchange so I can enter contract though the original ask price or thinking of and two. I wanted to make sure that I would protected. And they also wanted to make sure that they're going to sell the property so we wrote the contract deadline. So those you know the the hard deadlines of inspection and lending those got past before the forty five day window that way they knew I was committed and that way I knew they were committed. So there's definitely a little bit of risk. There is very low risk and I was much happier to take that then have a possibly go on a pass by ten thirty one time line so I did the normal inspection and sewer scope items and there's really no inspection concerns. I mean the few things on the inspection report were changed the furnace filters they were missing cock. It's in the bathrooms. I mean just it was minimal staff so I didn't even know there was nothing for me because it's all just very minimal stuff And this was a you know a fully Rehab Property and really really nice so no inspection negotiation outcomes and so for lending. I went with a third year. Conventional fixed loan and so those loans requiring twenty five percent down payment. Now if I were gone through like a local bank they can do a twenty percent down payment. But then it's doing a adjustable rate mortgage so you know five or seven years with fixed rate mortgage so I thought about that but ultimately ended up leaning towards a thirty year fixed because even though the interest rate was a little bit higher. I like the idea of having it fixed for the long term just as like a safety net for ten years out for interest rate risk so I put twenty percent down and my interest rate was five and a quarter now. The first appraisal came in incredibly low like I said we're in contract rate fifty. The first appraisal came in and something around like six. Eighty your six ninety one hundred seventy thousand dollars less than the The actual contract price and frankly and this is not me complaining as a buyer complaining as a realtor but truly was a junk appraisal. You know the lender reviewed it thought so we had the appraisal company view it. They agreed with it as well. I mean it just didn't make any sense because this proper yes. It was going to be probably one of the most expensive property soul in that area. But he's looked at the cops. I mean there were other similar styles. This building like cross the street that sold for seven hundred thousand dollars but the rents were four hundred dollars less per unit and has updated back in the eighties and they said. Somehow that appraised for more or house worth more than the The property that I was buying which made zero sense with higher rents and a fully rehab property so at another appraisal appraiser go back to it. You know we can test. It took about a week for it to go through another appraiser came back and this appraiser or this appraisal will spot on or at least much better and actually came in above the contract amount so that was really nice and so as far as appraisers are appraisals. That was the biggest spread. I've ever experienced in my time as aged. I mean that was almost two hundred thousand dollar appraisal gap spread so that was a significant amount and definitely made me lose. Sleep there for better to deal with this because the appraisal came back like and like ten days before my forty five day time line was up for my ten thirty one and I was like man. Well what do I do? It doesn't go through so luckily it came out and it worked but definitely caused more stress. I was hoping for but that's the way it goes sometimes so no seller concessions no mortgage insurance. I'm putting down twenty five percent and I did buy the interest rate down some to get down that five and a quarter surrounding the numbers here. I'm plugging into Joe Massey spreadsheet here so I've actually got the spreadsheet in my computer and I just took a few screen shots to put it here in the powerpoint slides so if you want to see the spreadsheet email me or click the show notes or the Lincoln has show notes and screen shots while speak put on the blog. Post there as well so I put down twenty five percent Which required about was at all in between the down payment? The acquisition cost and loan costs for about almost two hundred. Twenty five thousand dollars easy math so my replace my property sold in Nevada. I walked with one hundred and seventy five thousand dollars and I put an extra forty thousand dollars to make up for it so the vast majority of it came from I. Ten thirty one exchange and one of the key things to know about ten thirty one is that you need to use all the money. If you don't use it you'll get taxed on it so it's always better to use the money and then bring on additional money to close on the property so I gotta that five point two five percent interest over thirty year fixed and the rents and the rinse on here were really good. And he's also include rubs so some type of like residential utility bill back system and so the numbers about the give you those are the rents. Plus they have a one hundred dollars extra added on there for Utility reimbursements any Guatemalan. Extra fifty dollars a month for pet lease Or something like that. So a few more dollars for a pet lease as well so sixteen hundred sixteen fifty seventeen hundred sixteen fifty so for grant polar about sixty six hundred dollars a month so very very strong numbers there. As far as like rental income I put vacancy at five percent when I do. Multi Families Annual rent increase appreciation Three percent and I put in twenty five percents for my effective tax rate so going on down to the monthly operating expenses I saw that yes property management now. My PM actually charged me Just about seven percent but I put in ten percent to round up for other cost in just other fees they have turnover fees leasing fees. Things like that so extra three percents. I'm putting in there. Just help. Cover some cost. The monthly maintenance reserves. I put an eight percent now in reality acts. Expect this to be more along the lines of like three to five percent per year for the first number years just because it really is a fully rehab property so I think it actually should be actual lower number avenue after year four or five. Six seven. Eight It should be closer to like an eight percent and the average and that's for you know repairs and also putting away for reserves. But you know with no matter what property by I because we often buy Rehab Properties right now. My clients say we should expect to see a lower repairs number. But there's also a chance that we will see You know it's tenants. Things go wrong and it might go back up eight percent. He might have a bad year. And there's always stuff like for example and this property I mean on three months after I bought it I think it was the first noteworthy air had the snow company. Come out and their snow plow. Because there's a there's a four car parking on their snowplough somehow scooped up the water main or the water main lid that metal Liz that goes in the concrete because the previous owners did actually re. They put down new concrete on the road from looking at the photos and looking at myself. It looks like that the lip was not done correctly so that the metal plate was just slightly. So when the you know the metal snowplough scooped it up. It pulled away. Let turn into one of these silly fiascos where the city of Westminster came out. And you know. That lid was from the nineteen sixties. They'll make leads that size anymore so for about three months. There is just a whole the sidewalk while they're trying to figure out what to do. So we put a cone out there and I just hope that no one hurt themselves on it and luckily no one did but then after a couple of months of that they cannot and repaired it and responsible for patching the concrete around the To Patch you know. Twenty inches of concrete was a six hundred dollar job in soon after with concrete. That was a pain in the butt so I sure that story. Because there's always stuff that POPs with properties so that's still should fall below my five percent repairs maintenance for the air but may may go higher so I'd like to eight percent to do very conservative. Underwriting there is no. Hoa Added Real Estate. Taxes are three thousand five hundred ninety six dollars. My property insurance is about Fifteen hundred fifty so just under six hundred dollars. There are the water and sewer averages about so far about one twenty a month and so it's pretty low and you know part of the reason its lowest because there's a high efficiency Water plants in there and also have no lawn irrigation so You know probably actually. That number should be more like thirteen fourteen dollars for the air. Not The eleven hundred forty so wanting to be a few higher spreadsheet trash is about ninety dollars a month for trash and recycling. And there's a dumpster. That's I think picked up twice a month electric or I should say excel so all the unions have individual electrical meters five meters four for the properties and then one for the common areas for me the landlord by then. There's one water or water and sewer tap and one gas align so than I pay for the gas and the water heaters gas and the furnaces are gas so see a lot more expensive. Excel BILL IN THE WINTERTIME. When the water heaters and furnaces are running more of it looks like it should average out to about three thousand a year or so for the Communist cell bill for landscaping landscaping do that snow removal and there'll be some basic landscaping to do. I think we bat thousand bucks. A year is my estimate so going on onto the next tablet spreadsheet here for this rental analysis might total annual expenses are about twenty five thousand dollars that leaves me with a net operating income of just under fifty thousand dollars so they take my debt payment on their it comes out to be about forty two thousand dollars for the year so my annual cash flow before taxes about seventy five hundred dollars so that gives me a three point two percent cash on cash return and a five point eight percent cap rate so much more for. Capri person so I was like what the cap rates so having a you know a Rehab Multiunit. That's close to a high five cap rate. That's a really good deal in the current market so I was really happy with property color notes about here just kind of talk about numbers more. That's really interesting so I bought this in August of last year and I just recently finished a refinance on his property. I Andrew Interest Rates really dip their back in February or March. Can't quite remember when they dipped there awhile ago I refinance this property and I got down to a three point. Six two five percent interest rate. So I mean that's almost a point half drop so I had to bring some cash to closing order to pay for closing costs by the rate down a little bit so I think it was about eleven thousand dollars for closing to refinance. But here's the kicker that refinance is Gonna. Save me just over six hundred dollars. A month in principle interest payments. So that's about sending two hundred dollars a year so that's less than a two year payback period. And since I plan on his property for at least about seven and ten years It makes a lot of sense so with that right there. You can look at hates as me money. Or it increases my cash flow by about seven thousand dollars a year and that would Bring my Castro. Probably two fifteen to sixteen seventeen thousand dollars a year now kind of taking one more step back talking about my cash flow before this refinance. I ended about seventy four hundred dollars underwritten. I really expect to be closer to be a thousand dollars a month and this was before my refinance because I expect repairs may be much lower and also expect my actual property management fees be lower as well so if I actually lower those it should probably be closer by thousand dollars a month so I'm hoping for by can being the conservative long-term model it'll be maybe six hundred seven dollars a month or about seventy four hundred dollars year which I'm happy with. It always be rather be more considerate underwriting than be too liberal on there but now refinance. I mean that's going to be an extra seven eight thousand dollars. You save him so overall I really liked his property Very happy with is my ten thirty one exchange replacement so you guys have questions on this reach out to me if you WANNA see the spreadsheet reach out to me if you need help with understanding ten thirty one strange. Reach out to me. They're not you know they're not that hard to do. But there are a lot of moving parts and so one of those things we want to know everything before you start selling your replacement property because you're still eating parts downstream that if we get something backwards or we get pushed up against deadlines. That's where we can earn the difficulty. So thank you for listening Kennedy questions reach out.

Reno Nevada Denver Colorado IRS Brisk Lopez Tunis Federal Easter Sheridan Denver Metro Baxter Doug Juggling Joe Massey
Lost Lands: Tehuatl - Kickstarter

Go Fund This!

25:33 min | 8 months ago

Lost Lands: Tehuatl - Kickstarter

"Go Fund this. Thank you so much for listening and actively supporting the crowdfunding. Discuss on this shell I know we're having an impact because I'm hearing back from the people we've interviewed and they've said, this show has been mentioned a lot to them. That makes me feel really great. Before we get into this episode, I want to give you a heads up on a couple of things very soon my company will be launching a very short term kickstarter campaign to raise a relatively small amount for an online podcast festival that were hosting. One of the next couple of episodes will be about this event and how you can support it. I'll make sure to share the info about the Mercury podcast festival once or campaign is approved by kickstarter. Also. Since we talk about funding on this show, I should mention we have an affiliate sponsor who's been a great supporter of our network since the very beginning almost seven years ago tweaked audio makes incredible headphones that sound amazing and are durable as well. You listen to podcasts obviously. So you know the value of a great pair of headphones get your own from tweaked audio by going to tweaked. Dot Com and using the coupon code southgate I'll put that in the show notes to With that code you get thirty percent off on your order free shipping and a lifetime warranty. Order today it show your support to go fund this. Thanks. Today's tip. Get. Creative with your rewards. One thing I learned from interviewing people who have successful crowdfunding is that the supporters especially those higher levels are typically looking for rewards that are unique and special, but also don't cause a lot of extra work that will attract you from the original project. For example. I was checking out in indigo for a podcast that I was interested in. One of their reward tears was a mix tape of the podcasts greatest hits picked by the house. Each bit was approximately three minute clip of a show that was either really funny or featured a special guest. They shipped cassette tape to the supporters with these tracks and the case was hand written by one of the hosts just like a mix tape from the eighties the cost was cheap, which was great because I wanted them to have the money for their project, and I also knew the effort was not so much that it would take away from the main show. I also knew that the only way I could ever get this awesome gift was to donate. A, twenty bucks it was a slam. Dunk. The point is think outside of the box trying to think what you would like to get as a fan as a supporter of the project giving the t shirt away the twenty dollar level means you might lose money on the perk a net defeats the purpose of your crowdfunding. Recording a voicemail message for twenty dollars cost you nothing but a sliver of your time and would be a unique special. Thank you to the supporter. I. Suggest looking at what others are offering and searching for lists of creative purpose. I found some awesome lists in the ten minutes before recording this show. So carving out an hour before launching research cool rewards would give you more ideas than you'll ever use I am positive. Update? Foot Fist Frankenstein far exceeded its initial goal the project needed four thousand dollars the project ended at over ten thousand dollars. Amazing. Exxon punk expanded also blue its initial goal away. This project needed seven, thousand, five, hundred dollars. It ended at almost twelve thousand dollars absolutely incredible and peerless. Did it as well? This project needed five grand it ended its campaign at sixty, six, hundred dollars. So far every project that we've featured has achieved its funding goals I am elated. Let's keep it going with this week's kickstarter project. This week I have Tom Canals discussing the kickstarter from Frog God games for adventures it to huddle. I. May be saying that wrong I'm doing my best here's a description of the kickstarter with a lot of mispronunciations I'm sure. Born, in blood and treachery, the island of toodle is all that remains of a once mighty empire that dominated an entire continent inspired by the history and legends of America. This new addition to the world of the lost lands introduces you and your players to a land and people reborn from devastating cataclysm who persevered and created their own legacy built upon stone wood and flash the system neutral campaign setting hardcover source book to WHO'LL, is a guide and gathered here to the island's history people, religions, geography and communities that is expected to be one hundred and forty pages. Olive blinks to Frog God games and Tom Social Media and to the kickstarter in the show notes. So please check them out and support this project whatever way you can. All right. Here's Tom. Welcome to go fun this time I. AM super excited to have you here I. This is such a cool project. So let's start off by Why don't you give us a little background about you before we jump into the school? Project. I am Tom Canal than I am one of the main writers for Frog God Games. I've been RPG designer for about twenty years. So I bounced around originally from a lot of places I started with. Companies I'm sure that no longer exists in. You've probably heard of and then got into some more well known ones I've done work for. Don't work for Mongoose, I've done work for Atlas Games. I've done work for bastion press back in the day was one of my main employers also also have done work for a couple oppress legendary games. But predominantly these days were or frog got games. So I've been doing this for twenty years and I am super excited because this is a project that I finally got the opportunity to say what I wanted to do, and I was giving a green light. That's the best. All right. So this is the big moment of truth I want to hear what is this project? Okay. So what we decided to do is Al Fraga Games has a loss lands campaign setting and it incorporates all of the adventures that appeared under the neck romance or Games. Product line the adventures that appeared under frog games and brought them into one cohesive unit because at one time, there was no really like defined idea like we're GONNA make this campaign setting and you're going to set adventure here and you're GonNa send an venture there and you're GONNA set here. Basically each had their own idea and created this place but this place had no real home. So what we ended up doing a Herculean effort was to combine them all together. So world lost lands came out last year it was very successful I could be raised about one hundred, fifteen thousand dollars for the project and had probably over a thousand backers. And this is an expansion to that world. So what happens is the world last lost lands talks about the two continents north of the equator academics in the knows where all of the adventures were set. This talks about what happens in the Southern Hemisphere of this world, which is pretty much been devastated. But they're small islands left, and this is one of those islands. Called to while it's spelled. T. H. U.. L. But we're going to go with the NAWAB pronunciation while. It is a very mesoamerican inspired. Expansion to the world. So it. Builds upon largely the aspects civilization and their beliefs and their. And their accomplishments and makes it into a new area of the less lands so we might have some sacrifice, some sun gods, some things like that going on here. Way, we try to keep the sacrifice in the background. While it does exist. That good pr to have I. Didn't want to make it a focal point I. didn't want to make it. It does exist we acknowledge it, but we wanted to encourage. Players GM's to keep it as something that occurs on a macro level rather than a micro level. So we don't want like you to think while my character is going to gain these abilities I'm GonNa Perform Twenty sacrifices the day. You know we didn't want to encourage that. So that's not what this is about. It occurs some of the Gods. Demand Blood and we tried to minimize to the number that did. So it's there are some deviations although we do use the real world names and their roles for the Gods so you will find. CEELO potentially you'll find could solve. the familiar names from the old days. You remember the deities and Demigods Book and You saw the Central American mythos. Those names were still there We just tried to lessen the number that Need blood, and we also also one of the cool things think we did with this is there's an entire backstory, and in this version, the gods did not start out as gods they started out as mortals who. Defeated this great enemy and in the aftermath of that and the aftermath of the cataclysm that destroyed the southern continent they were imbued with. Divine powers. Now this is. This is all stemming from your brain. I'm assuming the way your ear structuring this. Largely. Gas there were two other authors they did. So there's two bucks. To while is the main book, it is the campaign setting considerate the Gaza, tear considerate your guide to this world there the second book called ventures into while, and that currently contains three adventures. One written by me one written by rob banning who's a been worked for a lot of places well, and one written by Tim Hitchcock who do a lot of work for Piesiewicz, you're familiar with him but every time I bring him on shower winces tell me about kingmaker tell kingmaker because he was the one who designed kingmaker also yeah. Yeah. I can make a big gum pies. Oh, project that rebooting it again too which is also increase the interest in it So the ideas, the basic ideas largely sprung from me they made some contributions to it because they create the adventures and we Kinda, retrofitted like the old las lands actually evolved by letting them have some rain with the adventures in whatever they created either imported into the main world as I could adjust it I I'd give him some parameters. So somethings I had to adjust, but on their some of their influences in there as well. Now, you've written for a number of systems. What are your favorite systems right for in? What is this really based on? well, the main book is system neutral. So how TWAT has no system in it there are going to be a add ons where you can add character class archetypes, a spouse equipment, magic items. Some system specific staff were going to do that for five eighty and we're going to do that for Pathfinder. were up in the air about doing it for our own in house Retro Clone swords wizardry because we don't know if there's going to be enough material to make it worthwhile Now. There's just a lot of very sorcery doesn't have class options so and that's a big portion of the add on. So we subtract that out and the equipment tends to be much more streamlined and simpler. So that might also make it not. Very feasible to convert it, but there's definitely going to be a pathfinder and a five eversion for that material the adventures will be done in. A setting. So it will be swords and wizardry. It'll be five eighty and we'll be pathfinder and there are also to additional adventures that we may unlock to stretch goals or an additional venture by Rob Cole. Dumb. A. Writer on the storm and another additional adventure by Tim. Hitchcock. Called daughter of the drowned serpent. there's also going to be to add on adventures that I wrote and I love this title. I think I call it with some really clever titles. It's amazing monsters except it's Ma is e e L. Old Tom Hanks as isn't monsters I love it that's a good old man. And the other one is the hidden shrine of Democracy Nas. Basically, my name jumbled up in put into Noel as it. Oh my gosh to the old pinch. I can't even say that went to my Timo John or however you say so. That's the overview of the entire project. Cool. Nuts out. What is the? What is the goal of first goal that we have to hit here? We're looking there. First funding goal is twenty thousand I'm pretty confident. We're going to hit that pretty quick We're going to have some stretch goals that go farther up so we do have some monsters. That are created for this buck. So one of the first stretch goals will be to provide illustrations for any new monsters that appear here and added stretch goal will also be to create a best eerie in offering systems for those monsters that will be in PDF I. UNLESS, we really go gangbusters and can hit lake some goal we are not even dreaming of we might do that in soft cover I'm we've got a really like Knock this through not this out of the park to do that. I R-. Yeah. We're also looking at one of the stretch goals would also be a principal map of the area which will be distributed as digital goal, and then we also have tokens that may also be added. That will be part of the stretch goals and we're up to about. Believe around forty, five to fifty thousand, and then we'll have to come up with more stretch goals but we'll look hope you hit that. It'll be worth your time to come up with one right I'm confident we will I you know I I'm not the greatest predicting things in this current environment we don't know what what can happen in. Terms of the economy. So well, that's why I started this show back up was because of the current environment trying to draw attention to people so. Hopefully the listeners here sympathetic to that, and we'll help get you to those big goals. What are the? What are the levels the basic levels that you have you don't have to give them all some people have a million of them. But what are a few that you want to highlight? What we're looking at the. Again doing this in the main book while book is going to be a hardcover. So if you're looking just for your hardcover and you want the You want some of the digital products and digital set goals you're looking at about a forty dollar pledge for the hardcover book If you want to go into getting everything in PDF that means you're, and this is going to be more for our overseas people where the cost of shipping. So astronomical that we just can't. We just can't sell them a heartbreaker buck and ship it. It's just gonNA. BE THEY'RE GONNA pay times the amount of the price of the bud right off your overseas and you're interested in getting the pediatrics and that's going to be sixty five dollar pledge goal. If you are into having all the bucks the hardcover of the main system, the soft cover of the adventure book, your poster map, you're looking at seventy dollars. Pledge and if you want everything in print. including. The to supplemental adventures I talked about he's monsters in hidden enshrine. As well as the system specific addendums were going to do. You're looking at about one hundred thirty. And then we're getting into like more of the collector area. You know where people who want leather we have a, we have a large armed customer base that. Is Very into collectibles So we're going to be doing some leather versions of this book So you know those are GonNa be in the higher end pledges you're talking hundreds of dollars for. Sure but but to the person is GonNa come in at that. That's well worth it. So it sounds like you're you've got really Logical levels I mean if I was going to buy a hardcover version of it, I'm gonNA spend that much. So why not put it indirectly and support the kickstarter? Cat in the background. and. It's driving me crazy I I keep turning off by Mike because this cat is making me nuts but you know why problem I is asleep towards. Up. One is the bad one. We have a begum collector market out there. So we do gear some stuff for them directly It's actually called I've been told that it's named. One of the highest end pledges is named after one of our regulars. So it's not even like you know it's something. Superstar of while it's this person's name. It's just this is your pledge. It's everything. The kitchen sink includes everything you could possibly imagine. In here. So, Great. So Great. So a what else do you want to tell us about this project or did you pretty much get it all out there? I think I hit a lot of the information. I think we have some credible art on this project and Bill Webb are CEO Actually posted on his personal social media and said, you know I think, this is the best art. We've ever seen in a frog odd project saying a lot. I was looking through some of the fraud stuff that is saying lot and we're the things that's really unique about this is I'm I'm not I have no as a blood in me I have no ask heritage I I've been. Very interested with this culture for years, and this is why I really wanted to do this and really Give credit to what these people accomplished because it's really amazing when you dig into and learn some of the things they did that are mind boggling. They created his vast city in the middle of the lake they created causeways to it. They built these Grand Pyramids they had running water. They had a great understanding of the world around them and I really wanted to bring that to life and. We were very fortunate to have many of our artists are actually of from central and south. America. So for them, this was like in Casey Christofferson is our art director. He doesn't amazing job as an art director he He actually recruited many of them and they were like note, give us more of this art. We really want to do this stuff because we want to. Celebrate our heritage and this. Powder. So you know when I said I want to put this in. They knew exactly what it was. That's cool. I want somebody. I want you to depict somebody holding them up and I even have pronounced from financing and even though I've tried by Baz. My quite deed Mike. Why Mike we'll in their hand they knew it was. So I was like, all right. That's cool. You know. So we can work on that and now they were very enthusiastic to do this, and they really really produce amazing art with incredible colors incredible vibrancy, and it just captured the feel and the flavor of the entire setting that we were looking for and it's really the icing on the cake. This whole project I. Love It. Well, I'M GONNA to say this right now anyone listening if you are a Gamer or love this kind of stuff if you're into as culture and want to see some incredible depictions absolutely back as project. Fraud makes great stuff and. They're one of those companies that I've run into I. Think I've ever had a conversation with anybody from fraud before but I've always been very impressed. So this is a project. You Really WanNa get behind because it's really top-shelf stuff and it's it's it's. It's beautiful and I. It's GonNa, be great. I've been reading all about you. Tom So I know. v I know it's going to be a hell of a ride Tom. Why don't you give any social media for people? where you can easily find me on my own personal page. Tom Canals I think it's number fifty. Two I I'm not good at links and stuff like that, and I'm also on instagram but I really rarely if ever post anything there. Are Social is you can find us at Frog God games dot com is our website We also have a facebook page an instagram page most of our material is transmitted to facebook I don't I don't do twitter sorry I I everyone I know does twitter just complains about twitter sell this again I'm going to get involved in that I don't know if we twitter page I think we do but I'm not a hundred percent sure if you do I'll get it in the show. Frog God games, you can certainly find us on facebook We also have necker. Mansor. Games which we recently resurrected. So we also have a facebook page and an instagram page for that. Well, so you can find us there Um. We're also have a heavy presence on discord so if you have interest in discord. We have an entire frog guy channel. Just you know. I don't know how to find stuff like. You. Don't have to those things. I'm telling you I'M GONNA. Put it in the show notes and. Smarter than us at this stuff they they find it very quickly when we put those those links in. Yeah. I'm kind of an old timer I remember rotary phones and. Remember when we only had two three channels to watch on TV. So I talk about it all the time. So time that was it just a great project. I am really excited for people to get on board with this. Do you know the the launch date that would be important? The Launch Day is supposed to be this week, and this is on the week of August third I don't know the exact date. The page is pretty much done. It looks done to me So I guess we're just waiting for a to get the final go-ahead from kickstarter so I would expect it to be out within the next seven days that the latest Dole look up frog got games if you type that in is there another name on the kickstarter that they might want to look up? To Wild C.. H. U. A. L.. Wonderful. That's it. Thanks. Thank you so much. I've put the link to the kickstarter in the show notes and we'll also have it on post at our social media. Once again, this project with your followers and friends is key. So please be an active participant and spread the word. While you're in the mood. Please, share this episode. That draws attention to this show which we can always use. Oh and please rate review us. It only takes a few seconds and makes a huge impact on how many people see when we post new episode. If. You have a crowd funding project reach out to me itself. Gate Media Group at gmail.com on twitter at our southgate or on facebook at go fund this podcast. Tell. Me a little about the project or what you create an I'll consider featuring it on the show. I would love to help you make your project a reality. Thanks for listening everyone until next time. GOFUNDME.

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Jimmy The Cat, Gehman on betting RSM Classic: The Chris Hrabe Show Ep. 32

Scoops with Danny Mac

55:26 min | 5 months ago

Jimmy The Cat, Gehman on betting RSM Classic: The Chris Hrabe Show Ep. 32

"Wednesday edition of the chris. Rock show on scoops. With danny mac dot com happy wednesday t the november eighteenth twenty twenty addition of the program. We are a week away from thanksgiving aka. Dan mclachlan's eighty seventh favorite holiday behind flag day. Arbor day halloween. Which checked in at number two and his power rankings but thanksgiving a week away looking forward to chatting with dan tomorrow but today on the show looking forward to having jim hayes our buddy the cat in studio. We're gonna visit with jim talk. Who knows what coming up in. Just a couple of minutes. Also rick game it will be with us in the second segment preview. The rsm pretty good field on the pga tour this week after augusta and ripple talk dfs with us so a big show for you today. Remember to subscribe to the scoops. Danny podcast wherever you listen to podcasts. Leave review take screen shot and send it over to be on twitter at c. h. r. a. b. or at scoops at danny mac on twitter. And we'll send you a hat. We've already been sending some swag out so subscribe leave review and send us a screenshot are. Let's get to it in dive right in because there's a lot to talk about with one of my favorite people. Jim hayes from fox is a treat for me is a treat for the listeners. Can't imagine what it's like for you because it's a treat we haven't we haven't been able to. We haven't been able to crack wise and speaking of treats treats tweet send any tweets from press box. We haven't done anything. No one has done anything. But i gotta say it's. It's a nice to be in here with you we are. We are socially distanced and we are staying safe. But you just can't stop the takes and we gotta get. We gotta get some offer chess boy. Oh boy with the us better at soccer. If lebron had grown up playing soccer your take. I got a better one. And i tweeted this out. I was shocked to find out. You know we're we're in an age. Now we're looking at big tech big pharma who's out to take over society. I got one for you. Big toffee. did you know that. Crunch and munch and fiddle-faddle are actually owned by the same company. Hashtag big toffee. You are a young as candy references. Yeah i think people still. I mean crunch and much people still like it. And he's not like hey. Hey billy crackerjack it's not. It's not like that. I'm surprised that Well maybe it's not big dental. Maybe it's big filling. That's keeping those toffee based candies and business because you know by the way thirty four years old here. Let me just Your knuckles into the microphone. Let me just lean back in spin a yarn here. This is going to impress. You never had a cavity. That's good never once. Is it because of dental hygiene or genetics. You know Because some people just have better team. It's like if you ask mike trout. Is it because of hard workers because of genetics. Yeah i mean are you flopping after every meal of course not. What kind of maniac floss apple. Do some people bring a toothbrush and i. I always expect their the people with less. Cavities see. i don't and you know it's kinda like ken. Griffey junior used to say does does a cheetah stretch before it catches its prey. I feel like if you do too much then. You don't let your body do. Its work actually being completely serious. I feel like the reason that i do not get sick. I know a lot of people. say that. But legitimately is because i grew up in large family. And you're just you build up a little toughness. You build up a little a little natural armor two things around you and maybe that's like my teeth. Sorry all you weirdos who are renton with rc. Cola but no cavities for this guy. That's unbelievable now. We didn't have a big family but are dead. Did enroll us in toddler fight club so we we had some toughness. You don't talk about toddler fi club but it's out there. How many punches have you take. Easy strike me as someone who no pun intended. I know that you've you've been known to scrap. You'll step to someone. Well i'm fifty seven now. I'm an adult. I mean right now just a few the last one that i actually had and i'll share the story because it's very humbling. I had to be late thirties. Playing pick up basketball in the local gym with buddies of mine. And i would talk back then. I was in shape. I was a decent athlete. And so i would talk some smack and apparently one guy built up this rage against me because i would talk so much and i showed up one day and he said he wanted to fight me on the court over. Right there in front anna. I said we're two grown man's you waiting outside. Yeah and it was like a residential area. I said we're we're we're two grown men in gym shorts came at me. He came at me. And so we're rolling around on someone's front lawn next to the gym and i thought to myself this can never happen again. This maybe i have to examine my on court demeanor. And and maybe i need to show more sportsmanship i have. I have a son now. I didn't have one back then. So i wouldn't do that. I'm trying to teach him sportsmanship. But i would talk smack. One guy took it the wrong way and we ended up and the truth. Is you know when you have two old guys fighting. Nobody wins society but he did as we're rolling around bloody nose and i. I did point once things settled down. I said okay. Paul go wipe your nose. You're bleeding a little mets on him into another rate. Is there anything worse than pickup basketball guy. Who is acting like he's a somehow in an open tryout for an nba team and be like. I'm an we all know the drill. There's a reason that we're playing pickup basketball. You don't need to be throw in the elbows you don't need to be Fouling hard and then taking offense to everything like the over zealous pickup basketball guy is one of the worst sports guys. You can come across. Note to self ray. Just the way but i wasn't when i was but i tried. You know like i wouldn't. I'm not saying. Don't try saying the guy who literally will like throw an elbow into your calls every foul like man like we're all just trying to get through this you know i'm the guy after six minutes time. I wanna play half court having a hard time. Getting up and down. Boys i can. I can say this the one of the good things about getting old is. You're forced to outgrow some of those bad behaviors and and the other great thing is if you wanna eat dinner at five you you can like no looks down so there are. There are things that nature puts in place to make you gradually gracefully grow old and those are some of the bonuses to Talk about baseball in a moment. But one more Pickup basketball take. So i lived in memphis for three and a half years and a couple of buddies had signed up for a rec league Like a church league on tuesday nights and there were three levels of the league. A-league be league and league so we into the sea league because obviously we just wanted to play. We didn't want to take it super super seriously and memphis like saint louis. A great basketball seen a lot of great high school players in college players. So in the seelig we found out that there were a couple of teams whether by shifting or ignorance thought that see was the best league and we ended up playing against in our first game. Our first game a team of former university of memphis players like this is. That's not ceiling. You know they have the basketball tournament now where they play for a million dollars. These guys were throwing like alley. Oop dunks off the backboard. That was my first and only game. And then i transitioned to coach of the team and i did not participate on how badly they beat you. Oh they were triple digits. We probably had twenty to thirty points. It was one hundred twenty-five legitimately they were in the wrong league and they kept playing like guys like we could just either not play. You guys could not be jackasses about this but yeah we got We got waxed pretty good. We could use your boy you know to to throw a couple of punches and maybe Startled a little scrum. Maybe go ron our test into the crowd. My most deflating moment adult league or wreck basketball We we played a team that brought in a ringer. She was a point guard in the wnba and she was not tall. I was taller than her. And i can't remember name. But i did look her up after. She was a bona fide. Professional player and I mean i couldn't i. She's just crossed. New overthrowing nola scored thirty points without breaking a sweat. And if there's ever like you ever have fantasies that you could play or maybe if it was this or maybe nope nope i mean. I don't know how she hooked up with this team. And i think she was just filling in for someone but it was just like a different game and even the best players in our team couldn't even come close to even trying to stop this. I was going to fantasy camp in florida couple years ago. You think in you watch baseball. And i say that i will never consider anything routine anymore because i was playing first base when ankle was hitting and you know we had a pretty good guy pitching. I think he pitched a little bit of college. Maybe an ankle hit about six or seven foul balls just pulled him down the first baseline right by my head and i saw my life flash before my eyes with every single one like if there have been people in the stands with no netting roger dean they would have been killed and just just to watch that too to play in the outfield and see the way a big leaguer like ankle or tyler. Green one of those guys Lost to them in the chip but to see the way that they hit a fly ball. It's like oh my god every even even if you think hey i could probably coach or manage like my kid got pitching lessons from a couple of legitimate pitching instructors and i realized as long as i've been around the game and think i know a lot even though people that see my reporting realized i don't but i i realize like in the first two minutes like there is so much more. Oh yeah you guys are doing. Then i had a and this is teaching fundamentals to a kid. You know so. Yeah i mean every once in a while you gotta eat a hunk of humble pie and maybe reassess the and don't fight in gym shorts someone long on someone's lawn. The cat is with us. You know yesterday. Theo epstein announces his resignation from the cubs and general managers. Now it's president of baseball operations. Whoever is leading team you know that they come under an incredible amount of fire them and the manager because baseball. It's so much a part of being a fan to second guess. And i'm curious your thoughts as we watched theo win a world series with the red sox leave and essentially site the same bill walsh philosophy that he sided with the cubs that ten years with an organization is about the right amount of time. He rebuilds the cubs. We were there in in two thousand fifteen for a miserable and lds where we are just sitting and waiting for things to be over. The cubs are celebrating. And kicking off the apex of of the franchise. They win a world series now. He departs albeit a year. Early your thoughts on just someone like the o. Doing something like he did and then saying listen. My plan all along was to come here Do what i did move on. I'm ready for a new challenge. Whatever it might be. I feel like organization needs to be And some different hands this off season What do you make of that. Because we don't necessarily see that. I feel like we see the guy. Stay too long way more than we see the guy leave either a little bit earlier at the right time. I don't think one size fits all i. I think the fact that if you have an organization where people stay. I think the fact that you have that sort of consistency is a plus for an organization. It's working if it's not and you're running through a bunch of different guys. That's actually the opposite direction. But someone like theo to me is like he sort of like the property brothers of baseball management like the one with the tool belt. I don't really know but you know if you're a married guy then you have to watch a lot of hgtv and there's like a thousand of these home renovation shows. And that's what i think of. Theo is like he wants to come in. Find a house and say all right. This is not a load bearing wall will tear it down. I want an open floor plan. These people are going to do a lot of entertaining. We need outdoor space and we need nice crown molding and then he gets it done. Get rid of the popcorn ceiling and the people move in and they love it and then he's ready for the reynaud flips it. That's what he is kind of like. he's kind of like a mercenary. Yeah but we don't see that that often in sports you know like i said i one size doesn't fit all. I don't know everyone could do what he does. Now part of what he does is now. He has a resume where he's trusted to do that. so i think he gets free rein to do is renovation project. The he might say. We need a splash of colour. On this wall over here and in other organizations they would say no. We don't do that. We tile or whatever but since he's got you know the track record he wants he wants to put maroon on that wall instead of tile. They're going to let them do guys. I need an extra fifty grand or we're going to have to choose between the basement and the garage. Greenwich always a wrinkle right. There's always and it always comes at like the forty one minute mark after that commercial like you know that it. It's not just going to go swimming and they always like like the form and comes in all dejected to you know who's ever hosting the show and they go. I've got some bad bad news. What is it. The upstairs plumbing thrusted out. How much is that going to cost. Sixteen thousand dollars ripe right before the commercial. It's like answers his phone what happened. I'll be there in a second and that was like we need to trade for jose tana right and and with theo though there's never there's always endless supply money so it's not really a plot twist he'll end up getting whatever he wants to do to fix up that particular teams house so he leaves and the cubs now who had become You know from fifteen through the last year or two right now One of the forces in major league baseball and certainly in the national league central they will be run by jed hoyer. Dan kanter fits as their director of scouting he could be in the mix for the general manager position and it's interesting to watch what the cubs did and how they did it and compare it to the cardinals. Because there's been some talk of you know. Is it time. I know was asked you know should fans wonder. If there's going to be a rebuild you know we use that word. The cubs the astros certain teams. They did a complete tear down lose draft then supplements from frigid parts. You have a team like the cardinals who has been in contention and tried to compete every year for the last however many years decades and you know now do have i believe some some promising Prospects from not just the pitching but a position side but certainly some some areas. They need to strengthen you've got team like the reds who's kind of done a little bit of both like they've sold pieces. They've added pieces team. Like the brewers just kind of done a little bit been of both. They've been running a trade show up there. It's a swap meet right. But like trading away like great players like they traded away jay bruce and they traded away rolled is chapman is and then they started trading for all these guys. So how would you describe kind of the landscape of the division right now especially as we head into an off season with a lot of unknowns is it wide open does that affect or does the cubs plans or the brewers plans perhaps affect how the cardinals look at the landscape of things. Do you think. I just think that twenty twenty while there was some good and some bad for each team. I don't know how you really can assess it so to me. Teams are looking ahead not really sure if what they saw either a bad performance in front in a season from a guy or a good is real and also not knowing financially. What happens in the future. And i think the difference with the cardinals is and they take some heat for it because cardinals always say they don't think just about next year when their fans want him to go all in to win which i understand and i don't necessarily disagree with that sentiment but they're always thinking about the future so to me that's why we haven't seen a rebuilt and we're the cardinals are right now. They need offense but they have pitching even with the injuries that they've had they have pitching. They have defense. What they need is offense. If you have two thirds of you know of the recipe. You're not going to tear down. And i think that's why we haven't seen the cardinals have to do that because they're always planning for next year but two three four years down the road we see him. Make move sometimes just to restock the miners because they think they need an additional pitching prospect. Because the right because they realize as that rotation goes through they might hit a soft spot at some point. So you know to me. I'm glad i don't have to run a majorly ballclub. What we saw you know from from From some of the guys this year. Is it an anomaly. Because i'm talking about a bad performance. Because they were locked down or had covert and they didn't respond. You don't really know what you're looking at. How much slack do you give a guy who had an off year last year. I do know this based on everything. You can't change my mind about it. The one certainty for the cardinals is they need more often. And ed been criticized for obviously player evaluation and any team like i. I did a couple of weeks ago. On the show with dan where i i made a list of every team in the national league central and since two thousand fifteen the players that they have lost via either trading them away or letting them walk the fridge and you could create a couple of all star teams. You know. this isn't just the cardinals. But it's an interesting point and theo epstein. When asked about this. I believe yesterday talking to the media. And this is from Hannah kaiser from yahoo sports She said was interested in baseball job. That allows him to help address some of the more existential threats to the game so i asked him what he thinks. Those are and listen to this and give me a response. The oh says it's the greatest game in the world but there are some threats to it because of the way the game is evolving and i take some responsibility for that because the executives like me who spent a lotta time using analytics and other measures to try to optimize individual and team performance have unwitted have unwittingly had a negative impact on the aesthetic value of the game and the entertainment value of the game. I mean clearly. You know the strikeout rates a little bit out of control. We need to find a way to get more action in the game. Get the ball and play more often allow players to show their athleticism some more and give fans more of what they want. It's gonna the first time i've heard someone who has been at the forefront of this new type of front office say maybe we've gotten a little bit lost in in in the woods here and and maybe i don't wanna misconstrue his comments. Everybody just said we've been a little too focused sometimes on things that are numbers in metrics. Tell us which i think. I think you agree on. Dan agrees because at fox midwest. Like there's a place for everything the more information you have the better but sometimes you just need to realize that there needs to be two sides of the coin i guess the i i look at it as a piece of the puzzle you analytics or a piece. But there's also a human side Human side and and who. This person is as as a an athlete. Showed randy was really damn good every level in the minor leagues. And i don't first off Sorry we went twenty minutes before He who shall not be named was named I understand you know. Every team goes through a cycle where guys they parted company with. They're doing well but a lot have come around now. And the key is the cardinals. Haven't been hitting you know. They have no offense so it underscores so i totally get. Why why people look at that. But i i think as you evaluate talent certainly. The metrics are a key part of it but it was looked at as. It's it's a piece of the puzzle. They're human elements that also impact. How will player will eventually perform given a shot at the big league. Some guys have all the numbers never able to do it. I think there's a human element. And i think one of the biggest problems in major league baseball aside from strikeout rates and everything and I think bauer has said this to one of the things. Mlb hasn't done that. Other leaks have is let their players be the selling point. Let the players be the marketing point. You know howard younger kids going to get involved with by stars. Stars have star power and i don't think baseball puts its product. The key players the best players front and center as much as they should at least as well as other leaks tried to do that. I feel like the nba is is the model for that right and they're so good especially because a lot of the nba's social media driven which. I feel like baseball can be too. It's kind of a shared communal experience. Some people are watching games at night and tweeting about them or whatever but they're so good at getting content but getting their players into the hands in the lives of of their consumers who want their product. and especially. If you want young people. Mike my kids. Eleven he doesn't watch. Tv except cardinal or blues game is on he gets everything off his phone And yeah i think other leagues have done better at mlb as to being at the forefront of that and finding its way into the into the menus of of people is your kid. Play a to k. Yeah he does. He plays Two k. basketball. Yeah he does a little baseball so to say plays a lot of fortnight. Hey you gotta drop in. It's interesting because i feel like the two k. Model and. When i talked i lived in memphis and would go to grizzlies games. And when the and part of this had to do with memphis not having an nba team until you know whatever fifteen years ago but you know the cabs would come to town. You'd see just a ton of lebron. Jerseys lakers had come to town. There'd be a shitload a kobe. Jerseys like in the stands and i feel like the nba. It's model but especially with two k. And with the way the young people connect via their phones taking things almost alicarte. You're almost getting fans of individual players as much as fans of teams. I don't know if that will happen in baseball. Because baseball so parochial and you watch your team every single day you watch you and danny you know every single day all summer but i think with that happens fantasy football. I've got buddies who aren't friends. That are huge. Nfl aren't fr- fans of a team are fans of players into their fantasy teams. And i wonder how that will continue to shape and change the way you know. Sports content is delivered. Here's the thing i like about. Because i'm listening and everything i was thinking. Well what about me. Bring this discussion back to me. So well the thing i like. Hello my baby. The thing i like about. Nba two k. And i play with my kid a little bit. I bet you are very good but we know but you can pick like all time all star Squash him so. I'll i want my kid to know about like my favorite player of all. Time is earl monroe. So i pick him. Pete mayor vich some guys john havlicek. Now there's a hairdresser. You could set your watch. But i want so my kid you know. We'll get all his stores and we play and then he'll ask me about these other players and you know i'm i'm just throwing up. You know i have elgin baylor thrown up three point or whatever and then he'll ask me about him we'll look video or whatever and then he now over the years knows who some of these former. Nba guys. You know that that. I hold in high regard so you know. It's passed along to him. Which i said all along which is what makes saint louis great because kids know who bob gibson is lou brock because their grandfather told their dad and their dad told them. And i don't think that goes on as much in other cities And i think that's what makes saint louis so special and as rightsholder glad i could bring the conversation all the way back. The cardinal baseball show tunes time has no business like show. The nba's great at though and whether it's to k. Or the old games that are out or the programming that they put out. I'm not to namedrop drop Jack flirty pitches for cardinals. He's your guy right. Yeah we were doing. We're just texting back and forth about a. We're drafting All time nba teams in stipulation. Was you had to get one player from each decade starting seventies eighties nineties. Two thousand two thousand ten's and then one player from right now like a sixth man and We put them up on twitter at one point and i think everyone is just kissing jackass in voting for his team. But it's so cool to go through an and you could use a baseball too but especially nba with game has evolved. It's so-called like look at the different pieces and the different eras and look at like you know speaking of bob gibson the bill russell. You know the rules were changed for him. It's just i. I love that. I'm i'm baffled with not to get into the whole. Nba college thing but baffled with people that that don't at least appreciate the nba and just the level of play like because that's obviously where the best college players go. And the fact that there are these different ariza's different guys in these different styles of play that all kind of complement each other. I i i love it the way the game of like that. I just think the athleticism the ucla displayed nba unbelievable. I think the difference with college and this is my awful. Take but just from what i know about basketball. Any coach will tell you their job. Offensively is to try to get. The highest percentage shut. Okay in the nba. Where you now have. Three stars on each team may be too but most right. Everyone has the three star system. You don't need five passes. Your guy can get fifty five percent by going one on one and so i think that sort of changes the way. The game is played compared to college college. You gotta pass five or six times at trying to get that. High percentage shot nba. You have these gifted athletes who could really go one on three and still score or befouled. But i do appreciate the athleticism and i think these guys have played now where you could say. They don't have free throws they. They don't make the outlet. Pass like wes unseld used to. That may be true. But i think the physical gifts of these guys the huge guys that can play point guard now. Unlike anything we handle. All i mean no offense to bob cousy but i watched your video. He's dribbling all right handed through. I don't know down. I don't know if that if that plays. Today i do think there's nba players from the past. Who could play today. I just think the talent level has has gone up and up and up enough and you've got the nba draft tonight. I didn't even know that. Lonzo ball no lamelo ball the third ball who could end up on my chicago bulls. Someone said they would have the worst defensive backcourt in nba history. But that was just a tweet. That i read somewhere. I don't you know it's pretty good. You know i'm an next fan and it's been unrelenting. I mean unrelenting so it almost soured me. I'm from from watching it. But i i'll still turn on a game with my kid last year. They thought they were going to get katie. And zaylon no one. No one wants to go there because they have a track record of being awful got a brutal owner one of the worst makes you so grateful for like build the wet times good job. i'm in chicago. Sorry won't say that. I do think I do think what they need is in the nba. The like the knicks need theo. They need someone to be the property brothers to come in there and revamp that team coming up after the break after conquering curses in baseball could theo epstein beheaded to the big apple but on the hardwood nice. That's next i like that. Also is golf a sport. Of course of course not taking and we'll break down next year's jaguars schedule could they get to eight wins. I just see on twitter like i. you know. I do cargo shorts and pro cargo shirts and do Puffy pictures one of your one of your staunches stance is one hundred percent cargo shorts. Yeah i Do birthdays cardinal birthdays and then season a little news nugget. Here maybe a stat but Mostly cardinal stuff. But i just think just think. Twitter is has become so angry. What's up with the new. Like twitter story thing what. What's up on the t. Have you seen this fleets. That's what twitter. They call it fleet. So they're just copying instagram. And i'm not going to use it. I'm not. I can barely tweet you know. Did you see jack. Dorsey mark zuckerberg in the hearings. Yesterday i did. Someone tweeted that. It looked like a marooned lighthouse keeper and the robot butler that he built to keep them coming. Yeah i i don't really that's twitter's great see. I just think yeah. Twitter has a lot. I just like. Oh it's so negative and if you you can't say anything positive because then the mob will come after you. I tweeted look. I never do politics on their. Because let's face it who wants your. We go wants to hear you know from from a past his prime sideline reporter that suddenly. I have all the answers. Guess what. I don't even know the questions. But i tweeted as divided as we seem. I can't help but think about the fact that we should all be grateful that we live in this country. Something along those lines which isn't part of it's hardly a controversial take and guess what you know and it was like i give up because people are you know killing this country like somehow i'm responsible for for some of the wrongs of the past and i thought to myself. Just let that go. You know if. I if. I always say this like if you think you want a twitter argument you didn't because the other guy thought he won like nobody wins in a twitter argument. There's nothing better than tweeting out like at an accurate cardinals thing. And then the two guys start arguing underneath you fellas right. And then you're in for like you know what i was saying. I want to be tagged in this. I say gentlemen please take it outside. That's what i say. And then sometimes. I'll i'll lawn in the gym short sometimes. I'll tweet some so dumb. That i find amusing that i know others won't i don't care. I'm going to do it anyway. Well i can't wait to You know start team backup. Whenever we can watch sports again and tag-team benoa as bad as his and flee buddy. We're not. we're not just tweeting. We're fleeting. I'm not i'm not i'm not. We might have to send out our first fleet. I don't even know what it is. But i do think as as terrible it is right now on a lot of people are going through the worst medications coming and i am hopeful that at some point we can all get through this together and be back or at least close. There's probably a lot of things we learned along but at least get close to how we normally are. I think it's perfectly said yet. Some clown will still find a way to yell at you for that completely optimistic and necessary opinion. Jeff you just can't just can't worry about that. I guess jim hayes the cat on fox where you can watch him fleet and watch him tweet but mostly fleet thanks buddy. Thanks for having me in. Regain joins us. We'll talk a little. Rsm classic our guy who helps us fill out our golf dfs lineups and make some pics. Every week joins us next on the chris. Rabi show on scoops with de amac dot com sh- nooks rewards one more reason to love sh- nukes get the app that gets you. Sh- nooks rewards the chinooks rewards app allows you earn points every time you shop for money off your next purchase but there's so much more in the app to simplify shopping. For instance you can get exclusive digital savings including over one hundred new digital coupons every week. The shopping list helps keep you organized at items on the go. Plus you can share it. Recipes nap make meal planning easy search for recipes by ingredients and add them to your shopping list. Kushner dot com and check out more about the app that gets you chinooks rewards. The chinooks rewards app. Download it on the app store or google play the chinooks rewards app rewards you for shopping at chinooks time for a little golf a little. Pga tour dfs with our guy. Rick game gaming from rick run. Good dot com also. Cbs sports can hear them all over. The place. And rick joins us to get set for the are sm. Classic aka. rick. Augusta's encore usually. There's a bit of a hangover after a major championship but this is the best field. The our sim classics ever seen. It's it's a good one. We are now at the sprint. To you know basically the end of this swing season. Just just to tournaments to go. I'm oddly excited about it. You know we've got a number of guys who not only played last week. The masters played well at the masters last week and can coming off of that tournament as you said we are Into the swing season. And it's great to see you know. Number of guys in a number of guys who i think are interesting case studies because we can talk about weather. They will have a hangover themselves from augusta whether they will build on what they did last week whether they will rebound of a chip on their shoulder after smut. Finish business last week or all the above. Yeah there's there's so many great storylines guys that obviously you got close last week but You know might have been in contention for their first major For the first time in their career ak like a in webb simpson headlines. This yielders through so many great storylines and then also you know the full display of how deep the pga tour is and how good the young players are. All those guys are in this field too. So i it should be really fun. Really cool when it comes to form and as we look at the field this week. Do you factor last week at augusta. Any differently than you would any other typical tournament either. Positively negatively Just because of the challenge that augusta is despite the conditions just a different type of tournament and obviously an incredible incredible field. How does last week factor into how you evaluate guys performances. Yeah so i'm a big quantitative guy right. I like the numbers. I like to be able to look at it on a spreadsheet and say what the trans now obvious see. I know for some of these guys for grueling days at augusta national or two i guess depending on how long how long you lasted could be troublesome it could be a negative sunjay. M is the is the perfect use case for this. Here's a guy who's young who plays a lot of golf. But that was his first time probably feeling like he was really in a major championship. Finished second how much does that take out of him. for me chris. I don't usually way it. Because i think it's going to be different for each and every golfer in this field right sunjay and might feel revitalized by finding himself near the top of the leaderboard in a major championship. But now he thinks he's a world beater But dylan for telling might be like. Oh my gosh i'm exhausted. That took everything out of me. This week's going to be difficult and without them telling us it's going to be really difficult to try to determine for each player in the field of how they're actually handling those four rounds last week do you view a missed cut last week any differently. Whether it's tyrel hatton someone like chasing coke. Kevin kisner guys. That just missed the cut. Do you hold that against them or not. Necessarily i. i usually don't especially the you know the heart of the course the deeper the field i usually don't i'm much more apt to forgive him. Forget you know what i mean like. If you missed the cut in a major championship it happens. There's a lot going on. It's a weird week also For the first time ever we can grind some. We can grind some film this week. Chris you know we can go back and we can watch every one terrel hatton shots last week and see what went wrong and if it if it was just a missed putts or if it was you know sprang it all over the place Usually we don't get the benefit like maybe football guys zoo where they have the all twenty two view in every place on last week we actually do have every shot so we can go look and see how they played and steve. That scott was a big deal or not by the way that was unbelievable. And i'm not sure it can be overstated. How incredible the masters app is what they've done over the last few years. I know the criticism for so long. Was that you know. Espn's coverage when espn took over the first couple of days. I don't know what was it. Maybe a decade ago like it didn't start until one or two o'clock in the afternoon and even though the television coverage although this year with the delays and stuff being pushed back it was pretty much around the clock even the television coverage still is in that vein. You can watch every shot of every single golfer on the course. It's unbelievable that. I don't think there's anything in sports to compare to it. It's amazing it's amazing because it's so different than what we get on a regular basis and i'm a firm believer that that this is where we're headed you know. They tried to do this at the players championship last year before that event was cancelled after one round. And like i just firmly believe this is where we're going. I think it's probably gonna take awhile to get there but there is. There's a thirst for this. There is a demand for this. There's a market for being able to see every single shot and once the logistics figured out in the cost of it is because that's really the big thing you know gusts addtional. Money is no object and it's one course one event once a year that they have to worry about for this to be rolled out on a event by event basis. You have to get buy in from all every course and you know every every state that you go to and and the pga tour do this. You know in full full spectrum so it's a difficult task i understand it. I think it's where we're headed. But i wish it would happen a bit faster. Yeah and even that can happen. Can we get rick game and damn shot link on every course people okay. This is my biggest thing. Could you imagine. Imagine this. Chris we say okay. Tom brady threw thirty five touchdowns last year. But hold on. I don't have stats for these four games. Would you imagine take word. That's the equivalent of what we get on the pga tour they don't have shuttling data for like you know i don't want to twenty five percent called fifteen percent of the events. It's mind boggling. And i can spend an hour on my soapbox about well with that being said giving opportunity but will also tied into the sm two courses and we're going to see Each of the courses thursday. Friday right and then we'll see the same track over the weekend. I heard you on the first cut podcast earlier this week with gregg point out that there will be some guys play the same course. Three days in a row there will be only one of the courses with shot link a little bit different but we'll get to see a couple of tracks we'll get c. Couple of tracks at a lot of the guys in the field are familiar with. Because they're seond boys. Oh that's certainly true. There is the mafia. There is a contingent of professional golfers from this area. We're always playing here for this home game but yeah the two course things interesting. It's a similar model. What they're gonna do this week to what they do when the tour comes here to southern california for torrey pines they use both the north and the south course this week and they're gonna use the seaside course and the plantation course now. The seaside course will be the host course so. Each golfer will play the seaside in the plantation. Either thursday or friday. Whichever one they played thursday they'll play the opposite on friday. And then they'll make the cut and you'll go to the seaside course for the final two rounds so three total rounds at seaside one at plantation. And they're kinda wanna say they're different. The very short courses but plantation is a par seventy two. That is usually the much easier course. Now you can get some weather in the seaside courses of course by the c. You can get some wind. Things can change here but generally speaking don't freak out. If you're offers are only three. Under at the seaside course on thursday there are gonna be licking their jobs to get over to the plantation course and match everything up. So don't don't fret. Let two rounds played out to see where you guys are. Actually in the standings of this tournament regain is with us. Rick run good dot com. That's the website run. Good dot com. That's where you go and get set for the rsm this weekend. At sea island webb simpson is at the top of the board. He's about eight and a half to one. I've seen shortest odds and eleven thousand two hundred dollars the highest draft king salary. What do you make of web coming off. A masters where he looked really good at times and again like you alluded to a bit shorter course. It probably suits Is all around game as as well as anyone in the field rick. Certainly this price. The his odds are are well deserved. You know even at augusta national last week playing longer than it usually does play wet and soggy webb simpson fines away to finish inside the top ten. It's a testament to how far his game has come and how good he is no matter the course we used to only play webb simpson for five times. A year at courses that fit the mold for him No longer you can play him anywhere but this one just does happen to fit. If it's really good. In fact he's had so many close calls here finished runner up in last year. He finished third year before he hasn't won this event. But he's been all over the top of the leaderboard. He is clearly the best player in this field. And i rarely do this. I rarely says happy to pay full price on webb simpson. Yes full price and also you project him on the cheat sheet at rick run good dot com to be owned right now by about thirty percent but with a guy who you feel is potentially head and shoulders above the field or at least has a better chance. If not as good a chance of winning as any single guy in this field do you mind that ownership projection or do you not pay attention to it because of of what you expect from web. So i don't care about the ownership for one single golfer When you start putting six together in a lineup now i start to care a lot more. So if i if i put webb simpson in my lineup and i think that thirty percent of my closest friends are also going to be doing it. i can differentiate in other places right. I don't have to take the sixth most popular golfers in kind of make the past victory for myself. So incredibly narrow. I can take web. And then when i get further down into you know maybe the eight thousand seven thousand seven thousand dollar range. That's where i can differentiate myself. So i'm never gonna let one single golfer dictate my decision making i'm going to let his projected ownership kind of dictate my six offers as a whole all right. So let's say that we like web give us an idea of maybe how you start to go down that path. A couple of is then that you like a little bit further down the board and an idea of how and why you're building your roster the way that you are yes so let's let's stick with this web model. So we're going to have to differentiate a little bit so the next natural landing spot. Probably if you pay the full eleven thousand. Two hundred is somewhere in the low eight. That's probably your second man in so popular options in that range or guys that i really like like doc redmond who i think is is is very much underpriced this week but we need to differentiate a little bit. So how about ian poulter in pollsters eighty three hundred dollars i project him to be about half of the ownership. That doc redman is is. These are two really short. Courses one's a par seventy seven thousand yards the other ones seventy two seven thousand yards. That's right. oh pollsters alley and then a lotta times. You've got to be probably at least twenty under par to win. Missing the average score under par. The last five years is nineteen point. Six strokes under par. You're gonna make a lot of birdies and seen pulse or ride that hot putter so many times over the course of his career now. I'm starting now get two guys in my lineup. i've got web. i've got poulter. i have a purpose. I've two guys that i think are gonna fit this and i've already fixed the situation about web being one of the most popular golfers on the slate. Yeah poulter not just the putter. That's how he's in fantastic form right now. Yeah you know what. he's he's sneaky. Good right twelve at twelve th cj cup. Top twenty five at the masters. And i'm not sure. I would've known that right. If it wasn't it wasn't in the spreadsheet if it wasn't on the cheat sheet because we don't we haven't seen a lot of him but yet he has been playing well and those are two really eat fields that he's that he's popping up all so if we start with web and poulter maybe give us one value. Play a guy towards the bottom of the board rick that you like as we're building our rosters also maybe an under the radar. Pick if you have one from an odd standpoint that you think could make a little noise if web's the odds on favorite and we give him a very very healthy shot of winning this thing of win expectancy if you're gonna throw a dart. Is there anyone from an odd stamp point that you throw a dart at. Yeah so i'll give you a couple of here so one from the from the bedding side. So danny mccarthy eighty five to one i. I'm just so sold on the trajectory of danny mccarthy game right now he is he is already the best butter in the world. I'm i'm not kidding he's lead. He's led the field of the tour in strokes gain putting each of the last two years. The only only two years he's been on the tour he's a phenomenal putter but the rest of his game is approach game as ball striking was objectively. Pretty bad now. He got a new coach about nine starts ago at the three m open and it's been a completely different version of danny. Mccarthy is slightly better than tour average now on his approaches. Which doesn't sound great. Chris but when you were one of the worst guys and now you're slightly better than average now you can match that with being the best putter on tour. It goes a long way. I think he is absolutely trending towards victory. And if you really need like a value option for the f. d. f. s. purposes David hearn is kind of interesting. The canadian Coming off of a missed cut at houston but his start before that was an eighth place. Finish up bermuda. He has a fourteenth place. Finish at safeway. That's still this season. So he's popped up a couple of times on the first page of the leaderboard this season. He's sixty six hundred dollars and his last four starts in thailand. He went thirtieth last year. Fifteenth seventeenth ninth. I mean you're talking about a guy if you just gave me that average finish right now. Twenty twentieth something at sixty six hundred dollars and you offered it to me right now. I would run all the way to the bank with that and be absolutely thrilled with it. I love it. Let's ride with david. Hearn have run good dot com. Rick a ramp up with this. We've talked so much about the schedule. And for so long we were having tournament after tournament. We were looking ahead towards the master's we were getting set for an unprecedented masters. Now the masters will be the next major but as you mentioned we've got some interesting fields and we'll have a little bit more play before we actually wraparound to twenty twenty one and that will start with dustin johnson as i guess he will make his way. What down to my koba next week. We've got some again intriguing. I think field potential here over the next couple of weeks as we Make our way towards the new year. I'm excited man. I'm more excited than i would any other year. Dj might be four to one next week. Like obviously the. The field does not have to be set until friday the week before so we won't know until this friday who's actually in the field with dustin johnson has already committed so we expect him to show up whole be. They're coming off of a historic masters. I can't imagine what is price is going to be. Or what is odds are going to be interesting to see how that turns out. And then you're going to get like you get the shortest off season in sports chris. It's like three weeks three weeks off. And then we roll right into tournament of champions. The sony will be there be into farmers insurance open season and will be at the waste management. And just like before you know it. We're gonna have all these great events we we've been so You know fortunate with the return of golf that we ought with basically field being the strongest field. It's ever had. It's just an unbelievable run of and now. I don't think it's gonna stop anytime soon. Yeah i hope not. And i guess the question will be what happens next year especially with fans what happens as we try to return to a little bit more normal but at least dustin and maybe pauline are making their way down to playa del carmen. They keep the party rolling next week. And you bet your ass. We'll be breaking down the makoba a week from today with rick game and rick run. Good dot com is the website. Rick run good dot com. Check out the cheat sheet for all the information. Check out the previews. you've got to be looking your chops to rick at at some of these tournaments some of these fields coming up. Because you've got to feel like from a quantitative standpoint you've got an edge I know the master's is one thing. When you've got as much data that you can aggregate but you know especially moving forward if there's you know shout out to david hearn guys like that that we can take advantage of. You've gotta be excited of Everything that's up at run good dot com and and how. It's going to help us the next few weeks. There are certainly weeks. I'm excited about every major. You know the players championship. These marquee events are louis fund with the ones that tends to return. The most dollars are the fields that have a lot of names that people don't know if you're if you're paying close attention if you have the data if you're following along and you know these golfers you at a significant advantage so yes these these are the ones. I certainly do my chops at and and get super excited about from a financial standpoint rick game at checkout rick run good dot com sign up and we can all get excited from a financial standpoint. Appreciated man enjoy the weekend. And we'll talk to you before dustin and pulling ahead south next week thanks brother love it. Thanks chris ryan kelly. The home loan expert is one of the great sponsors of the program and scoops with danny mac dot com and right now is a perfect time to learn about a home loan refinance. You hear the word all the time but maybe you don't even know what you're doing essentially you're redoing your loan so in terms of your first mortgage your retooling your loan. The home loan expert is paying off your current loan and giving you a brand new loan. You can decide the term thirty years you can go shorter. Give them a call. Look at your current mortgage and ask the home. Loan expert ryan kelly. If they can do anything to improve your situation it all depends on your goal and they will work with you but everyone with a mortgage loan. Get a benefit from calling ryan kelly. The home loan expert today for a free mortgage analysis go to the home loan expert dot com the home loan expert dot com about not just the incredible alone offers that they have but also the incredible customer service customer first approach. It separates them from anyone else. You could get a mortgage through ryan. Kelly is the hormone expert online at the home loan. Expert dot com. That'll do it for us. A big thanks to the cat. A big thanks to rick gaiman and tomorrow danny mac in studio against grabbed the podcast. Coops with danny mac. Lever review hit up the website. Scoops with danny mac dot com until tomorrow. This has been another addition chris. Rabies show on scoop stanback dot com. Be nice to each other. And it's always peace healed up this.

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CSS DFS: Week 15-2020

Fantasy Focus Football

39:21 min | 4 months ago

CSS DFS: Week 15-2020

"The new in the welcome into the fantasy focus. Cs sdfs podcasts presented. By geico we are in our digital studio the st that we started the season in right now. We are changing over the other studio. Unfortunately matthew eappen the fantasy show out of there earlier meal later today. So we're shifting things around and as a part of shifting things around to my left. Mike clay as usual allied and failed joining us from his home in california and guys without doing pleasantries. Because i love both of you. I'm sure people hopefully know who you are. But we had a bunch of stuff happened right before we get started so please bear with us. There's a lot of fluidity with their lineups and some of the news and stuff that we have so let's just jump right into it. I mean it's been a crazy morning. I'm relaxing watching a while. But the truth is i mean what is it. We're taping this at quarter. after eleven. Less than ninety minutes ago. I had just taken my daughter dropped her off at the bussey. Two hour delay today. Yup i walked back to my house. It was hard time here to get a shower. Relax already ready already. Printed my notes for the show. I'm ready to talk about taste hill. Have all that ready. And then the alert comes in the fantasy life out shadow marry. That drew brees is playing so. I'm like great at ruins my cash lineup match lineup owl My my feature played every position every week that for me i have to update projections their rankings. All of these things then two seconds later we get. Julio jones is out too so that we pull him at as we russell gauge. We've calvin ridley. Now that are that are better values so it it just totally it. What does peter overs. it say. It flipped this late on its head lip on its head. Latest flipped on its head immediately. Shout out to pd's hilarious. So i got my shower. I got everything updated. I think we're good to go here so everything you smell nice today. I gotta be honest. I was gonna say i mean i needed that our because you're always like wow you kind of smell now. Wow always telling me. I smell so i knew. I'll tell you what a guy gets sexy look man bun and all of a sudden. Everyone comes at him. You know what i'm saying. No i'm saying i was nice thing. Oh i did the wrong ones ever seen you tell me i smell. I was like. I need to get my shower. He's i love you. Mike later Alright cruelly quickly to recap last week philly nine one nine one free. Dfs tournament congratulations. they're fulfilling. i barely eked out a win over mike to tie us season-long seven seven. Yeah it was a close enough. This is good stuff cold streak right now. Yeah i'm cracking the you know. I'm i'm winning. Money in her upper fiftieth percentile which is always good. That's why he wanted us our goal here but your head to head. So i'm a little losing streak. I'm gonna i'm gonna get this back entree. I am on a squirrel streak right now no big deal no big deal all right. Let's jump into this. We got a bunch of people to talk about and mike at the quarterback position. We were going to talk about taste hill and the value that he had there. But now jason. He'll no longer somebody there. Were going to consider so your quarterback that we adjusted like fifteen minutes ago for this show is. Yeah it's to shawn watson and look. I had a lot of top end options here. Patrick mahomes and kyla murray. Who will you know. We'll get into a little bit shortly. But i think watson comes in. He's the cheaper. Cheapest of that group is sixty eight hundred playing at indianapolis. Now there's a bunch of things a bunch of reasons to like to shawn shawn watson yet that slow start right either really slow month. He had a really tough schedule. We knew that going into the season that was going to be the case it his first top ten fantasy week in week. Five since that point he's qb and he's only three points out of first place that's shows you how dominant he has been says. That first month of the season part of that is the texans have abandoned the run essentially especially with david johnson and injured the third. Pass heaviest offense in the nfl over the past two months and over the past month but it is led to a ton of fantasy production twenty four more fantasy points in six of his past nine games. The exception set that cleveland game with the horrible weather. Church chicago indianapolis now. You might say well mike. They're playing mike this this week right. So how could you like him this this week. Let's talk about that game okay. That was week thirteen just a couple weeks ago. No passing touchdown. That's going to kill you right away. But he three hundred and forty one passing yards any at seven carries thirty yards and a touchdown underground still at nine nineteen fantasy points so we still was pretty good. I mean for for a game with no passing touchdowns have nineteen fantasy points. That shows you the floor that he brings to the table also speaking of floor. Twenty four more rushing yards in nine straight games. Think about that. So he's twenty four plus rushing yards in nine straight games. It's good right to add a little value. pretty good. he also has three hundred. He said the three hundred yard passing bonus and six of those games. Wow he's delivering that as well. So you know the colt going to pass. But they've allowed nineteen or more fantasy points in six of their past. Seven games. quarterbacks watson is kind of a little under the radar and in a good spot. Here i wonder like you said they've abandoned the run so much kind of does feel like when they get inside the ten yard line. If there's a texan that is going to score a rushing touchdown. I would take deshaun watson over any of the running backs play any day of the week. In that that rushing touchdown upside to was a big part of this. Yeah absolutely and So that i mean by the way. I came up with all that and again in the last hour. So that's all that all that profess although close nuggets got to shower got the nuggets. Yeah all in. There was recalling the databases whatever it is the computer brain ears are. Let's talk about an hour. We're going to talk with you about jalen. Hurts fifty nine hundred dollars taken on the arizona cardinals and it feels like for a running quarterback jalen hurts. Even though it's the second week in they're still a bunch up in the air like that just feels like a really good value there for her. It's it is. i don't have any shower. Nuggets but designed runs. Okay last week for jalen hurts now. Obviously as prices up like a thousand draftkings mart was last week There were two great options at quarterback. This week that would bring you a great rushing floor. One of them was taste hill. Rip now we've got a left with jalen hurts. I don't know if you need to stack them in tournaments. Because i don't expect a whole bunch of targets go to wards one guy you'd have touchdown upside with all receivers but really interested here in the rushing floor of the rushing touchdown upside and i personally like to play running quarterbacks or quarterback who have the ability to scramble mobile quarterbacks against teams that play man-to-man no team in the league as more man-to-man defense than arizona. So there's big chunk upside when he escapes. You know the pocket. A little. Bit and arizona allows the eighth. Highest completion percentage when opposing bags are outside of the pocket as well so he should see increased efficiency through the air and big possible chunk yardage on the ground with design runs or scramble. So love jalen hurts again. This week k. arizona manned. That was mind that al stole so. I have nothin' just awkward that fantasy. Focus pods all right l. No big deal l. Let's talk about not going to step on say. So there's another quarterback. I would really love to talk about here. Just because of who they're playing. And it's jared goff sixty three hundred dollars taking the new york jets alan. I'm curious in tournament. kind of a setup. Sixty three hundred dollars is their way to be able to find a good lineup. That you like with gov yeah because people always this season because of how bad the jets are defensively and how large the spreads are against and we wanna play running backs at home in games where they're favored by lot. So obviously cam akers going to carry a large percentage with them and tournaments but five times a season a quarterback twenty fantasy points with a pair of his pass catchers racking up forty fantasy points in the process. So if you go with a double stack here a single stack or double stack of golf to woods and or cup and it hits. You're not just doing well with that lineup. You're also leaving behind all the people that are going to be on cam akers and i expect him to be. One of the highest percentage played running backs in tournaments this week because of this price to play. He is the matchup all those things. But like you can leverage things like that and we've done it a few times a year this year on the podcast with kirk cousins with double stacks of jefferson and feeling. This is the same sort of play. Where you're leveraging off the chalk running back to the passing. Yeah i agree with you and look to jets allowed six straight top nine fantasy weeks to quarterbacks right so it's not just running back speed them. Quarterbacks have been pretty good averaging twenty seven fantasy points per game we know we seen jared goff have those random four touchdown three hundred seventy or games. We know that he has it in him. So i agree and by the way our friends at fantasy. Labs if you look there projected roster ship for this week. It's seventeen to twenty percent for cam. Akers which is a big number. It's one of the highest. It might be the highest on. That sleet jared. Goff is five and eight percent. Well pretty significant gap and that's all to al's point that a lot of people are going to be an acre pit in a tournament setting to that stack and stay away from acres and a look if he is and there's look also. There's the possibility that all the passing all the touchdowns go to the passing game. There's also the possibility that acres fumbles or start. Slow and darrell henderson rips off long play or malcolm brown steals to touch you know that's also a risk with cam akers this week. So there's a lot of reasons to go that direction k. couple of quarterbacks. We want to talk about here. Really quickly matt ryan fifty four hundred dollars taking on the tampa bay buccaneers. That price point is just so low. Yeah he he's been terrible. I mean he has been really atrocious and fantasy for what two months. Now i mean. So that's why i like. I asked him off. I'm not going to start him in cash because of that but at the same time as prices so low. They're going to have to throw against tampa. It's still like it's too low to ignore but it's still too scary. There's always a chance. Listen there's always a chance. That eventually his his splits without julio are not great obviously but fifty four hundred dollars allows you a lot of other options to be able to find somebody in your lineup. So another guy tyler. Murray the opposite side of jalen hurts. Conversation seven thousand dollars taken on the eagles. Like both of those guys in mike. You mentioned shawn watson at sixty one hundred. Yep pat mahomes throwing their too especially with the saints having breeze. You'd expect more offensive efficiency. The saints are able to score the chiefs. Have to throw the ball more. So that actually again when i did that. Update this morning. You may have noticed if you patrick mahomes on your team and sees along those his projection actually went up a little bit. Because there's more A large expectation to throw the football k. d. o. Onnor rancher home. Yes i'll bet you. I'll bet it's a lot of hard work too but she know what's easy bundling policies with geico geico makes it easy to bundle your homeowner's or renter's insurance along with your auto policy and it's a good thing too because you already have so much to do around the home go geico dot com. Get a quote and see how much see just how much you could save. Geico easy visit. Geico dot com today. Geico dot com. All right let's talk about some running backs here guys because Mike i just. I don't wanna say that you're picking on the eagles but it kind of feels like you're picking on the eagles here Kenyan drake fifty. Five hundred dollars taken on philly. I'm curious with kenyan. Drake you know. There is a chase. Edmonds kenyan drake conversation that we can have as a part of this but under six thousand dollars for kenyan feels good value. Yeah and speaking of go easy. I mean we can just replay what i said last week. It's the same thing he'll price did not change by another huge game so just roll at. You know i'll just update all the stats. I gave you last week again. His price did not change his eighteenth and pricing at the running back position in a short slate this week with obviously two saturday games. He's averaging sixteen fantasy points per game since his return in week ten. That's fourteen plus in his past four games as well ten or more carries and every game. This season the a twenty three last week again. Twenty three carries last week and is priced did not go up at all twelve targets in his past four games total of eleven in his first eight games five touchdowns in his past four games at foreigners first game so shows you the way. He's trending in terms of targets and in terms of touchdowns and now keep in mind. He missed a game. And a half when i give you the stats. He missed a game and a half. Recently since week. Two he leads the nfl and carries inside the five yard line with them. Yes the eagles now. He's playing the eagles obviously twelfth. Most fantasy points running backs over the past month. They've allowed at least rushing touchdown of five straight games in at least one running back touchdown in eleven of thirteen games. And that's where again he's getting that goal. Getting the goal line work right. He's handling the bulk of the carries where the eagles have allowed a lot of production. In that touchdown department so again. I hate to repeat the same guy and two straight weeks but if the price isn't going to be adjusted he's still going to be a great play. I love him in this one k even though you tried to poop who cam akers. I do want to talk about him because he's still a pretty good value. Especially when you're looking at six hundred dollars gives me taking on the new jersey new york jets. I mean you might as well be the jets. Honestly but al. Let's talk about him. Sixty six hundred dollars because his volume right now has. Just been off the charts. These last couple of weeks fifty carries the last two weeks. Is that good. It seems real good to me. Seems good right also involved a little bit in the passing game Look the jets are really bad. This is a five bucks running back. We're getting a lot of carries era getting involved in passing game We're getting inside. The carries the last three weeks which is what everybody projected four cam. Akers to be the guy but he has not been the guy because of injury or he's a rookie in mcvay doesn't like playing rookie running back. But the jets allow or red zone trips per game third in the league. The rams ranked fourth in red zone rush rate in the league and opponents are averaging thirty seven point eight yards per drive versus new jersey. Yeah work we can say new jersey. It's fine but it's it's new york. Yeah yeah again. That's the fifth most league so all signs point to the rams being able to move the ball at home favored inside the five carries. All five boxes checked off from at running back can't make his way to and sixty six hundred on this particular slate and by the way before folks are like. You're just you just contradicted yourself big time. This is the difference between cash and tournament. We were going. Yeah i was just going to say that this is the difference like in cash. She's a high floor is a five bucks player. You have high expectations for them in a tournament setting. If you know everyone's going to be on him everyone realizes the things. I'll just pointed out or at least most of them. You want to be different right. You wanna shake it up and kind of go you know. Yeah ziegler these sort. Sorta sorta things what zig zag sure. They went when they act. Yeah so that's why. Maybe you pivot to the passing in tournament whereas in cash acre solar tremendous play. Okay let's talk about a couple of running backs here mike. We gotta figure out what's going on in san francisco in that. There's a lot of a lot of conversation. We even have their jeff wilson fifty one hundred dollars. Obviously a lot of this is dependent on whether or not he mostly plays where he fifty one hundred dollars. But they're taking on the dallas cowboys and the cowboys are just not a good run defense mike so i just want you to break down these two forty niners running backs for me. Yeah and the thing with the cowboys is. They've allowed the seventh most fantasy points so running back but most of it is on the ground right so their bottom. Three in terms of targets receiving yards receiving touchdown jar. Petar eight yards per reception to running backs is in the dominated that sort of department but top four in russia's rushing yards rushing touchdowns in yards per carry row right. What are we would sleep. Isn't it odd. But that's perfect for the forty niners who don't target. They're running backs very often. But do are very creative with their their running schemes and do a lot of damage on the ground. In fact the forty niners running back room as a whole and this isn't a surprise. If you've watched the trends kyle. Shanahan offense is their fourth income and running back fantasy points. This season i and touchdowns with twenty sets perfectly here. But the problem is like you said who's gonna play. And if for he moster plays which we do expect it. Seems like he's gonna play based on shannon's comments is he limited it. We see more. Jeff wilson does back early. That's where you run into a curve ball but keep this in mind jeff wilson. If most out or he's going to be. Limited and wilson starts. He's thirty or more snaps in two games this season. He had thirty two points and three touchdowns against the patriots. We remember that one last week against washington and he scored a touchdown in that game as well. So i think cash. They're risky unless one of them's out if one of them's out the other ones who could play Well if most jeff there's no there's no concern with wilson right now but in tournaments either way. I think there's some interest there right because yeah you one of these guys could have a huge game in just in this backfield. So especially wilson people are gonna off most with the injury. I think there is if you're setting a bunch of tournament lineups. I would play around with those guys a little bit. And it's definitely make sure have your d with you because it's definitely going to be a dice roll for you a little bit in cash games before he mostly plays and you just kind of have to figure it out along the way but like you said tournaments tournaments really like that. Let's talk about a couple of the running backs here and i hate to do this. Derrick henry nine to five hundred dollars on the very good value even at ninety five hundred dollars really good value because detroit is yes lawn so bad and to derrick. Henry is just so good so like those two things together. It totally worth the price point. Dalvin cook nine thousand dollars. Taken in chicago alvin. Kamara seventy four hundred dollars now with drew brees under center. Hopefully that's going to be even more for him. I bumped up as i bumped up his target share projection. For sure. love it. You got leonard. Fournette forty five hundred dollars waiting to see what happens with ronald jones in that pinky but if ronald jones doesn't go i don't want to say no offense to the show mccoy but it feels like they would want to feature leonard fournette a little bit more in this game and then chase edmonds. We talked about this a little bit earlier with kenyan drake on the other side of that forty. Four hundred dollars taken on philly More of a tournament option than a cash option. Like i think so unless you really need to plan now. He is questionable actually. He's looking very very. He's looking more doubtful than questions. Okay this one probably will end up crossing off but if he does go. No one's going to be on him and he has quietly been getting ten touches or so every week. He's been quiet so people aren't noticing because kenyan traits been doing the damage but edmonds is still there and we know he come out of nowhere. Catch seven balls. And maybe score a touchdown to in arizona often so he's a guy not to forget about. Okay let's move on to some wide receivers here and mike. I'm excited about this one. I am just a huge brandon. Fan this kid has absolutely crushed. It and i feel like he's been an under the radar type of season for him in part because he's missed a couple games but he's had a number of games in a row that he has just looked absolutely fantastic and sixty three hundred dollars taken on dallas. Still feels like it's too low. It absolutely is. He is seventeenth in the sleigh. He has set up very well. Here with ebo samuel outlook ius seventy five or more receiving ours and and eighteen plus fantasy points in five straight games straight five straight. That's huge production right there. Eleven point four targets per game and he's the number two scoring fantasy wide receiver during those weeks. Wow some guy named monty adams as more fantasy points during those five weeks at he has played is a thirty percent target. Share a forty percent area chair. I mean we're talking. Like i mean elite top wide receiver usage right. Now they're using him. I mentioned no depot playing dallas. Most wide receiver touchdowns allowed this season with twenty two seventh and weipa and carried a lot of wide receivers and they have health issues right. Now should ob woozy. A and anthony brown were out last week so a lot of reasons to like. Are you one quick nugget here. I remember about a. What's the big richie james game. Remember that like six weeks ago. Yeah yeah yeah. Remember that so In that game he he added no. He's had all the targets and brandon was supposed to play in that game but he was added to the covid. Listen that's why. Richie james of came out of nowhere. But i remember a comment from kyle. Shanahan where he was like the was to give seventy percent of the look style you and you know he was out and we james in and that's like how shanahan things right like. He knows he short on players right now. Which out this week. It's there's no kittle there with richie. Jones Richie james born up in the air xactly. So i mean he's probably designing a game plan around like. How can we get the ball. Fifteen times in this game yet. I fully believe that based on the things he said. You can always you know. There's a lot of coachspeak but you can pick things out here there. That make a lot of sense. I think that they're gonna do everything they can to get him. The bulletin in great matchup here as well and he's already delivered. He's just he's under prices. Sixty three hundred. I'm going to do everything. I can to get him into my cash line. Yes fingers fingers crossed that that can happen. But don't tell anybody else about it because we don't want everyone else also put headlamp between us all right hour. We're gonna move onto you and we're gonna talk about the player that matthew head of on a ceiling. So it's the last person he sees before he goes to bed. And that is teri maclaurin right now. Do you remember. Heads i do. They were awesome. They were. They were super cool. Sixty six hundred dollars taken on the seattle seahawks now when we started this When we went through the note and we did a phone call yesterday obviously. We thought that there was going to be a different potentially. Oh no sorry not that. We thought but dwayne haskins rather than alex smith and. I'm curious how that change at quarterback. Changes things here for you. Terry maclaurin does that. Give him a boost in value to you or is that bring it down a little bit. I mean at the beginning of the season with haskins there. He had scored twenty eight point. Five points against arizona is twenty four point eight against baltimore so he's capable. As long as he gets the volume he hasn't really gotten at the last two weeks but again extremely tough match ups. The last two weeks against san francisco in san francisco and against pittsburgh in pittsburgh so this is a great opportunity for us to kind of buy. The dip where mclaren was over seven k. When faced dallas at exactly seven kevin face dallas. Now we're getting them at a cheaper price off of to dud weeks three point four points and four point four points against pittsburgh in san francisco. I'm willing to look past that. And we're gonna buy him at a cheaper salary and we're gonna buy them. When people are leaving you talked about zig zag. It'd be a great. Gp player great. The robert frost dong take the road less traveled by. And i'm gonna go with terry maclaurin this week when everybody else's leaving the train i'm jumping back on. Sure sure there. That's i mean that's a superstar players like that when people are off them. of course. that's when you went to get back on 'cause we know he's one of them guys. That could have a huge game and he is a great. I agree with how he's a great cash. Play to this week. He's one of the top values on our board. And what other fantasy podcasts. Or you're going to hear us talk about the road less traveled. I mean come on. Let's i mean props to al for that one little man daniel. I wanna ask you this real quick al because one of the things that we kind of want to talk about was it tastes him and michael. Thomas understanding. they're taking on the kansas city chiefs. Lotta options with. They're probably going to have to throw the ball but now with him he'll no longer starting and drew brees actually a one hundred dollars less than what jason was at fifty nine hundred dollars. Do you still like a breeze. Thomas stack in the setup. I do like breeze. Stacks with thomas. I also like breeze. Stacks with camera. I think that the two of those gentlemen are going to log about twenty targets between them this week one might get eight. Might get twelve. But i think that they're going to soak up a lot of the usage from drew brees again. The only problem with drew brees the only dangerous that he may get yanked inside the ten when they go to. Gadget tastes them hill. And it might cost a touchdown. Either a rushing touchdown for alvin kamara or it might cost us a passing touchdown that turns into a taste hill running touchdown if they go to that gadget package that they go to inside the five minutes ten sometimes so there is danger with a breeze stack but again the upside here is tremendous the gonna have to score touchdowns not field goals. And i think that we're gonna see drew. Brees challenge for the three hundred yard. Bonus gonna see a lot of targets. Funneled to kamera and to michael thomas fifty nine hundred dollars just across the board at any quarterback any quarterback with michael thomas for fifty nine hundred dollars understanding that you know there's it's been an up and down year for that that passing game but you gotta love that opportunity i am. I do wanna make sure. We say. Seventy two hundred dollars from michael thomas value. We still like him this week. Especially more now with brees under center. We really quickly wanna mention. Michael gallup still thirty five hundred dollars taking on san francisco but the usage that he has the looks that he has been getting. Mike has been been enough to make it worthwhile. Their calvin ridley an russell gauge now. That julio jones has been ruled out calvin ridley eighty two hundred dollars. Russell gauge forty seven hundred dollars. You like this this price point for russell gauge mike. I do yeah. He's had a target share eat in the vicinity of twenty percent the past few weeks. Without julio julio using them and also made a kind of a shift he's playing outside now right nipple brandon in the slot. He's playing outside. I don't think i. I haven't really heard that discuss. But they made that adjustment that's generally gonna lead to. It's not always great but it allows you to score touchdowns get down the field more and more plays and we've seen that pay off for him a couple of weeks to some extent so really engaged and you know if you wanna if you wanna take that shot on matt ryan again. No one's gonna be online so if you're an a. T. gp and you want to a curveball. Here playing against the bucks who have not stop the pass as well as of late as he did earlier in the season you can maybe do something with with gauge alien ryan here that i like that Two more wide receivers wanna talk about brandin cooks. We mentioned Destroying watson a little bit earlier. Six thousand dollars for cooks taking on the colts and robert woods sixty eight hundred dollars taking on the jets. Obviously we always on triple stack. Yeah he's like always on because he's always underpriced for everything that we do here a couple of plays that we want to talk about greg ward junior and cam sims both guys that are basically under thirty five hundred dollars. Three thousand for for greg ward thirty three hundred for cam sims. Is there one that you like more than the other clay Just fits in there. I probably ward though. I would say feel better about him because i let me ask you a question. Who is the number one receiver right now. Dallas got it. yeah right. I mean he's not serve but even but even who is our number one wide receiver. It's it's word or maybe make a case for jalen regular. Maybe award has really been the guy soaking up the most targets at least most consistently at least at the highest floor. He's been he's been hanging around that twenty percent target area so yeah lower volume passing game now of course with their but if he's going to throw a to ward seven times at three k i mean that's that's money in the bank for sure. Yeah seven targets for three k. The the upside there is absolutely what exactly and you don't need a lot. Upside to pay off are talking about a couple of tight. Ends here and mike. I feel like we're going to have to have a conversation because you have now stolen. Call commit from al. Three thousand dollars taken on minnesota. There's just thievery all over the place here in this podcast but three k. Like a great basement price for a bears tight end. That could potentially some good work here against minnesota say we stole him like we were ahead of the game on this podcast with. Yes about him from al. I'm just trying to make you guys fight with each other and not that we still. Yeah so anyway. I do still like him nonetheless. He still in the three k which is insanely cheap playing at minnesota this week. He's the number. Nineteen priced tight end in this. The healing went up one hundred bucks from last week which doesn't make a lot of sense to me. He's five k. Less than travis kelsey. Well think about what you can do with five k where you can go from like a james white to a henry is roughly the gap that you can do. So think about that comment in his first eleven games had fourteen targets. He has that in his past two games now. He is seven in both of those games. He's a number nine scoring fancy tight during that span. And look. if you're still worried about jimmy graham kata touchdown last week. You might think okay. He's still involved but past three games. Come has seventy more snaps thirty two more pass routes run eight more targets seven more air yards. And they're playing. The vikings point four yards per target. Too tight ends this season. That is third highest in the nfl. So he's number one. They're easter top. Pass catching tight end. They've actually been scoring touchdowns with mitchell. Trubisky yes they have believe it or not. You're so commits. The guy now and and at this price point is way too low. All right allie. I want to ask you about travis kelsey because every week he's basically guide. This has all right top of the price list. Is he still worth it with a value to be able to fit into your lineup travis. Kelsey is thirty five hundred dollars more than the next highest price tight end. Kelsey still worth this week. So this is a great. Pay up to be contrarian spot to go with travis kelsey so the thing that i've been trying to hammer home. The last couple of weeks is that. Travis chelsea's floor is essentially every other tight end ceiling. If you've got fifteen points from another tight end tight end on the slate for the last three or four weeks. You'd say man i got fifteen points that's outstanding. It was even if like dj hopkinson or coal comment. I got fifteen points. I'm doing great. You play travis. Kelsey he's going to get you fifteen points in the first half and then he has twenty five to thirty five point upside and nobody else really has that position. So i'm not saying that he's somebody you're going to be able to fit optimally in your head to head games. I think it's a little tough to do that. Unless we get a little bit more predictable target volume at wide receiver that we don't have currently on the slate. But he's a fantastic. Pay up to be contrarian play in tournaments because a lot of people aren't going to get there they just can't find the money to do it and i typically won't play too tight ends in tournaments. I will make the exception to have second tight end in the lineup. If kelsey is that second titan. Wow too tight ends. Yeah and it's people aren't going to do that if you follow the the dfs rules of yours if you're if you play after a home run and stuff like that exact unwritten won't wanna say no they're written down. We talk about all the time right double stack. Put a running back in the flu if you can. You know like the the things that That if you look at me maker winners lead to the most maker winners has kind of things they do with the double stacks. Bring it back those kind of things they're going to tell you don't put a tight end in the flex usually right but at the same time. It's we're at that point like when when does it jumped the shark right. When does everyone kind of note to do that. And then you need to be ahead of the game right. What's the next step to be different. And if you have an option an opportunity with kelsey in there and to have another tight end in the flex that could shake up everything and speaking of which al. We're taping this friday morning last night. Was the chargers raiders. Game are somebody started. Marcus mariota in. Did they win the end up winning that they took it down. They had a soul. They ran away with it. So like in a showdown slate. You're looking at like maybe point-to-points or one point separating i from thousandth and this guy won by twelve points. Because he put. Mary oden captain on the off. Chance that maybe derek carr leaves the game with injury and it just happens like i dunno. I guarantee it was not is only lineup. But it is what it is and you're accepting the variance when you do something like that. This isn't even met. This is more identifying outliers like if something is statistically not likely to happen but we look at every mealy maker winter ever the majority of vast majority like ninety nine percent plus of them do not have a tight inflex. We've seen one win with a tight end inflicts this year. It happens from time to time but we have to be able to identify the outliers a lot. Like i've been saying you don't typically want to play a running back quarterback and wide receiver because point seven percent of the time over the last decade or so they score twenty five or more draft points each but there's specific outlier situations that we need to allow it for the killer. Bees in pittsburgh kamera thomas breeze historically and mahomes it was hunt and one of his pass catchers either kelsey or he'll have done it multiple times so there's certain outlier combinations in situations where you can make an exception my point. That's the way you can get an edge. Absolutely there's so many people thinking the same thing doing something like what he did with marcus mariota. It's completely watchable in tour and cash tonight. At all. Right a torn. It makes sense especially in a one game like a full slate. It doesn't make as much sense because you have other options. Like i was thinking about on the way over here. You know is worth like setting tournament lineup with thiessen hill. Like it's really not worth it. I don't think he's us so many other quarterback options right right even if drew brees gets hurt and or has a setback at the end of the first quarter. You're still missing that price of quarter of the game and you. It's just not going to pay off in a setting like that one game sleep. Yeah obviously can work so to more tight ends really quickly. I want to talk about to tell me if you like. The price point dallas goedert only thirty nine dollars taking on arizona. That feels really low to me. I i liked dallas guttered this week and logan thomas four thousand dollars taking on seattle interested to see how logan thomas plays with dwayne haskins rather than alex smith to cheaper. Guys that we like. If you wanna pivot off of a travis kelsey conversation it we give you lots of levels. Right committed k. Then you've got her. In and thomas at that four k area and then kelsey of course is the one you would pay up in a big way all right. We're going to wrap up the show here. We're going to give out our weekly head head. Lineups like i said earlier. Mike and i have been doing this every single week. We are currently tied seven to seven. It is really come down to the final stretch here. I am stoked about this. We're gonna keep this going through the playoffs so this tournament is not gonna end in the regular season. So we'll keep this. We got a ways to go still. But mike give us your week fourteen. Yes so as i mentioned right my line of changed our go right so i had a taste hill in here. I had the jaman as we call. Which we're gonna talk about here A little bit which is strategy of just taking those two superstar running backs. That would be cook and henry this week and then building around that and i felt really comfortable with added t similar quarterback henry and cook kenyan drake in the flex. Had you guide gallup. I dj char commit and the jets defense which i felt. Great about a good lineup. I love that so actually in I'm doing the cage match with al. You follow twitter and check that out. I did that with al this week. I'll you can get more details on. That was my exact lineup for that. Which was my goal going in. it just worked out. That's exactly how i got so that worked nicely. But now it's ruined so my pivot off of that is watson quarterback. I'm still doing a sort of jam it in because you can do it this week. Right you can still do it. And come away with good receivers as i laid out ice have cooked but i went from henry to kamara so still with commercials to better value. Now he's a little cheaper opens up some other options so cooking kamar went leonard for and my flex right now brandon you still in wide receiver. Michael gallup receiver. But here's where it gets interesting. I was able to get from. Dj all the way up to michael. Thomas wow now as well by making that switch from henri camara paid up more to go to shawn watson a quarterback and self commit and the jets. So there's a lot of options here you can stay cheap at quarterbacking. No jalen hurts. You can do an option. Where you mitch trubisky. And soga henri camara drake thomas gallup in there. You've a lot of variations that we mentioned a lot of players get creative with it. But i think we covered all of your top options this week. I'm happy with what i have. But we'll see tweak it a little bit we'll see a little bit. Yeah well. I mean we always sort of tweaking base and injuries and sunday news when we do this right. So you've got to shawn watson dalvin. Cook alvin kamara leonard. Fournette brandon. michael. Thomas michael gallup call commit and the jets defense k. All right that's not a bad second-place lineup my lineup. This week remembering the pain can pace in the torn torn. Bring the pain. Jalen hurts. Is my quarterback fifty. Nine hundred dollars to running backs are derrick. Henry and alvin kamara like my wide receivers are brandon. I you russell. Gauge and corey davis my wide receiver or tight. End dallas goedert in the flex. I'm going bigger going home. It's just the way. I like to play the game. Guys limbaugh junior. Wow thirty six hundred dollars i listen. He's he's a running back tight in his the way he looked with tour that we're not knowing what's going on with devante parker thirty six hundred dollars. I decided to pivot. Because i knew it would be a little bit different than some of the guys we mentioned here. And then i've got the saints defense taken on the kansas city chiefs. Wow in part. Because of the idea that if kansas city is just excuse me if she's just going to throw a hundred times and there's a better chance that maybe they'll have a interception or two or something from that perspective so obviously gotta worry about the points that they score but I really like my lineup. Joan hurts derrick. Henry alvin kamara brandon corey davis taken on the lions russell gauge dallas. Goedert limbaugh junior the saints. I like a few of those players me. And if i beat you with two eagles in my lineup is gonna feel so good so good our guys that it's going to wrap it up for us this week. We you forgot about al host with the least we're trying it's such where there's so many things back to back to back. Today i apologize for that al. Give us your give us your turkey lineup for this week. Just sinking so deep into that comfy couch and he's almost fallen asleep. I just forgot like once. Why get through my lineup. Which is obviously going to be. Mike i just feel like this show is over. I forget the right. There i went. Let's cut it. I'm gonna go with the off the board off the chart quarterback running back wide receiver. Triple stack you're so drew brees chimera and thomas like Like i said. I'm expecting twenty targets for that do i don't think it's going to be a very heavily. Played combination kenyan drake as my other running back tyreek hill brennan and and gallup as a secondary stack so tyreek hill bringing back on the other side of that new orleans double stack coconut at tight end to make it all fit and my favorite defense is washington. Football team could not get there. I was three hundred short so I went with the falcons. Just kind of cushion. Pray i like the falcons defense against tampa. They've struggled a little bit. They have not looked super instinct. I thought about using them. To falcons defense has been playing better. in fact i'm kind of off. Tom brady a little lower by a couple spots and most people on brady this week. Just because i think that the falcons have improved eventually but anyway lineup looks a lot. It looks very familiar to one. We talked about the lineup. So i think we know which way he would Be leaning here and yeah. We know which way he'd be leaning and he'd be leaning in the same direction where he was leaning last week. When i beat him in the cage match so see i knew that was gonna come up so listen we like you and i both going up against al in his cage match like we said check him out on youtube on twitch everywhere at als- i felt i beat him last week. It's up to you to bring home a w this week. Yeah we'll see. I already lost. So i have to pivot on quarterback. So we'll see the fun. You hugh the excuses already. Storrow excuses did. I did not no excuses. We got this. I love mike clay one on the focus pot and what one of the cage. I love it guys. Thank you so much for hanging out with us and getting we just. We love being able to do this for you week. Fifteen is upon us. We are still to be able to give you a couple of plays with think. You're gonna work out this week. So for mike for al i am daniel. Don't forget to love each other. Have an awesome weekend and we will see you guys next week. So the a.

jalen cam akers jets mike Geico shawn watson eagles calvin ridley jared goff drew brees arizona al ronald jones travis kelsey
Southern Charm: Reduce Reuse Recycle

Watch What Crappens

54:06 min | 2 years ago

Southern Charm: Reduce Reuse Recycle

"Watch what happens would like to think it's premium sponsors, the bay area that is begging the slayer Taylor. Herron mcnicoll is she don't miss. No trick lists. Hot dang. It's Jessica day. Lisa Wallin's now. That's what I call Watling team. -ment. Let's go on a bender with Lauren Fender Auburn akilah Weber, Sarah Greenwood, she only uses her power for good, Jamie. She has no last name. He actually survive money. She don't take noble Nonni. You don't touch NICKY, Morgan letters, sip, some Scott with Jessica trot, what you talking about Willis. It's on a Gillis ain't nothing like Alison king Meghan bird. You can't have a burger without the bird, just saying, okay, Christy Roure de Dougherty telly Barlow, when she goes Barlow we go. Hi, lo a Homer with Jeffrey Boehm or Hannah God I love that banana Anderson and are super premium patriots subscribers. Meena. Coochie coochie COO. Gee, let's get. Racy with mistakes easy. Sharon out of a cannon Anthony incredible. Edible matthews. Sisters Lulu, Simon suit soon studio. Give them. How miss L Kelli grant the grant master, we're all in with Julia com Lynn. Yes, we can with how Lee Carolinian and Nancy and desist, desisto. We love you guys. Rapid. Care. The rabbit. Hello, and welcome to watch what happens the podcast about all that crap. We just love to talk about on Yael Brown's, I'm Ronnie Kerem. You can also find me around the wrist bricks bachelorette roast which is in full force full swing everybody. And here I am with my gorgeous little friend little sickly zicklin, little friend, Ben mantle Kerr, Ben has not created the cold, but he's got it did create the real house whereas kitchen island. It's a really funny. Cartoon in go find over onto YouTube TV channel IBM. Hi, how's it going it baby? How you feel in over there? You know, I'm feeling better because I'm actually drinking some tea out of a homemade mug that one of our listeners gave to me. She actually made it with her own like, via pottery, wheel and glazed and all that stuff. So really cool. Those glasses might has Bieler on it. She drew bueller on mind. Yeah. How amazing so that, you know, and of course, how could I ever really be to down in the dumps? If I'm here talking with my work husband Ronnie time about if nothing else other than charm, it's like a nights stink anybody ever said to me. Whoa, I'm sweaty yellow K? Everybody would a day gay. We've got southern charm today, but first creek shell gonna discredit gonna talk really fast. Everybody ready, ready to write things down live shows here, they are June seventh in Milwaukee, June eighth in Minneapolis that one is sold out. So people in Milwaukee get your butts ever to that show. Then in July on the twenty fifth rank Cleveland at the music box supper club, then to twenty-six the very next night, we're in Pittsburgh. That's sold out. Thanks, pittsburgh. And then the twenty seventh we are in Baltimore, Maryland. So everybody get your tickets Nashville. We're selling super early over there. That's a September twenty seventh. So get your tickets for that. And this is your last chance to buy our straight to the Rosa and all Roselle day breakfast lunch and dinner shirts, and also shut up brand, our game of thrones shirts you can. Find those over at crap and Smerch dot com and you can find links for all of our bonus episodes Oliver. Live shows this week's bonus episode was with, Danny Pellegrino, Annabel, desisto. And Hannah Brown was like a little drunken party. We all had it was so fun. Go listen to that. And we're doing crap on demands videos this week's video recaps were four of Vander prompt. Rules, final reunion and real housewives of New York from earlier this week. So guys, you can find links for all of that over at patriotair dot com. And thank you. Yeah, she'll done. Wow. You really did it Ronnie. You did it for myself very slowly. Oh, so southern charm, you know, nothing to worry about the season looks like it's gonna kill it. Yeah. I'm loving it. I'm so into it. I mean I always love southern charm, but we had some concerns and just loved this episode. I feel like the season is off to a great start. And you know, it's like sometimes when you're just with the characters that you love they can almost do anything, and you'll be happy. But in this case, they actually have stuff that they're doing. So this week's episode opened up you know we went back to the tradition that was started last season. Which is that during the previously on southern charm, it's like interjected with random lines from Trixie monocle singing, her southern charm, versus you know, but this time they like, remixed it. So it wasn't just like he's got the sandals, candles the past, it was like. D- got the scandals to pass Trump. New fancy two thousand nineteen. Yeah, it was so good. They can use that song. I mean brow. They've remixed that song. So many times they've really actually impressive. Yeah. It's amazing. How many how the how the legs that that's long has the legs. Yeah. My favorite is way, well, well, the kids go Lau cow, my personal favourite yet. So we opened a day with Catherine trying to make a phone call, and, you know, Catherine's in that state, and I think we're all in now that we're used to having like our Siri and our Alexa, and all that stuff, which is not really knowing how to do it without that. She's like, call Austin crawl, and it's like Austin grew whole, call us, Dan, which Austin, Austin crawl, west Austin, no, don't all. Did you mean the unemployed fuck boy from the past two seasons? Yeah. Okay. We're calling the YMCA. This is an emergency. So it's a while. She's trying to do with that Chelsea's on the phone just like talking to someone. I don't even know. I wrote that down. I wrote Chelsea is on the phone Chelsea, and that's all because it's so fast. It's like, well, thanks glad rejecting. Chelsea. And then Craig is on the phone. He's talking to someone. We find out later who it is. But he's talking to someone about a contract. And he's like, yeah. So can we go over that contract now? And she's like you're an attorney so mil let you do that your assistance. And then we cut back to Catherine still trying to call not Wes Austin. No, I don't have a number for AA saddle. And that associated to it's like nothing that it even it doesn't sound like anything, I've said, you know, she's like call index ended stay in Austin that we were at. Hi, is awesome Kroll there? No. So then we cut to set his with some hot blonde girl, and he's coming out of this hour because that's like his favorite. The ship is the only guy of Rava who showers as much as Jack's on camera. And you know that's the only time fucking shower. Yeah, it's kind of funny because quite often ship looks so dirty and yet we see evidence of sharing quite a bit. It's weird how that happened only when he can take his clothes off in front of the camera. Yeah. I think so. Yeah, so he's with this random blonde check, and it's pretty onto Yoder and it's really a very appetizing seen. And then I've been right down her name. I just wrote down, too good for him. Yeah. Yeah. Soon to be traumatized so that Catherine. Meanwhile, she's finally decided she's going to call Austin. And she's she has one of those like enormous ipads. That's like the size of like the Mona Lisa and says she has she's like hoisting it above her head to get her good angle like the thing needs, like a pulley and like a crane, because it's so huge arm. There it is good angle. So then Cameron's I t pedicures at Bubba most, thank you. So she sits there and whoever she's meeting late. So she's in a better chair just falling asleep. And this really nice classical music is flying in and then like a fucking train. Train comes over her head. Here's a LIZA. Yeah. Elisa lies alarm house, and she's like a brought cocktails. I, I can't do y'all. How do I use this chair? Does this for the chair? How about this modified started saying, I brought some symbols, like start clashing symbol together speech. Quiet quiet, does this should chair. Go back anyone anyone anyone? Anyone anyone and Cameron's like Jesus Christ? Why am I always the one who has to shoot with these yet? Why I'm stuck with this. So then lies are telling us a little bit about herself. You know, she's like well being alarm house, being Charleston royalty. I'm not generation Charleston, Charleston. Ian, I'm on, on my dad Sodom fifteen the my mom's side, and yeah, so, yeah, that's my life right there. Yeah. They're all politics. I can't go anywhere without seeing my name splashed on a free track are a breeze. Are you know, you just can't get away from me? I'm like, did they showed like a big free truck at Ralph's? I know. I know that's fame right there. She's like I, I look at a spa can. And I'm like that's half my name right there. Then lies is talking about Howard. Dad had an affair. What a shock. What a shock that someone from one of these big families had an affair. So he had a big affair and it was like a giant scandal. And she's like it was terrible. I mean, yes, the personal heartache and the and the lack of trust in a now, having meant is terrible but even worse, we got black from split from social gatherings. Like parties were normal invited to we don't get invited them anymore. I didn't even get to debut terrible. I know. Well, don't worry you still get to see your name on lime trucks. Yeah. That's great and cameras, like you know what can we just not talk for two minutes? Okay. I mean, this, this feels amazing because I don't even let Jason touch me and you sound like my mother has a God. So it's super elisas super dark in weird and I don't know. But I think she's going to bring a really funny spunky fun Ruggie, energy cares cameras. Basically, like listen. Here's here's what happened. You know you came into that, that dinner party the other night, and you overtalked and came onto strong. It was disaster, you know, unless it's like really she has, you know, I think that the I think that Catherine has a problem with me, because I have a close relationship with Thomas, like, no, I think that Catherine just probably doesn't lock you because you have a relationship with Thomas. Did you just say that? Did you just say I wasn't listening trying to pretend like I wasn't sitting here with a giant chatterbox on my one hour off on the week cameras like she's been burned by so many people allies a an LIZA goes? I mean, none of us have eighty five I was like you're sitting there getting Medicare. Fucking job. What are you talking about? Exactly. So then over Catherine's house. She is like trying to get some stuff out of their car, and Austin comes by to help her move some boxes out or whatever. And so we get like a little tour of her house, which was like this, gorgeous four. Storey house downtown. It's already furnished twenty eight hundred square feet and Austin's, like, wow, this is insane. This is insane. You could throw a hell of a soiree and here actually it's insane. Really, not this sheet. Full live on the side of town. This is like what do you pay for this, so brewed and she's like out of this world? And he's like, how much like out of this world and it comes on screen sixty six hundred dollars a month. Wow, that's Matt's that, and it makes me worry for her. I got the. I got the. I got very, very where I was like this is not this is not seem prudent. Do you know how many Amazon prime boxes that is? So she's like, let's go to my Koi, art. Welcome to my core yard. You must be over the moon with this place. I mean you could probably climb a stack of dollars that goes all the way to the mood that you're going to have to pay for this place. I mean everybody is going to give her shift in this house. Everyone is it's does not seem like a wise decision unless you just like really begging on getting some Ravanell money, you know, like she's just like sees a pay day in the future. I don't have a lot of Jimmy, so you that there's a lot of teams cell and she's like, yeah. I mean, this is a huge deal to me. I'm moving into my first hole. I'm accepted by society, aka Patricia. Yeah. Yeah. These like, yeah, you were sitting right there for three in or creepy. Said she's like, gosh, I that sounds like I don't talk about. So then they started talking out there. So then then they're talking about Madison and, and basically Austin, amassing, our exclusive right now and Catherine's like arm. I hear you guys fired. And everyone's talking about it makes me think of me, and Tom man, and then she goes, you know, Thomas had ignored all the bullshit. We would have had more of a shot like no he's just like a terrible person. I hate to break it to you. Yeah. I don't know about that. Yeah. I mean, if if northern hadn't is Tom started all that stuff that he was here. I mean I don't know. It's just like no, no, I've talked. It's not there's no, please. Don't do revisions history. It's, it's not you. It's him. It's him. Ten minutes not. He's not good. So she's like, look you just need to tell everybody to stay out of your fucking business. And he's like, but she makes me happy. And that's all that people should care about his mouth, just keeps moving, like he's giving a monologue. And then we go over to Austin. Been crash jamming his Ringo examing, Gregory. Yeah. Yeah. Yeah. Craig is there and Anna Hayward is on the phone. That's, that's his operations manager AK assistant. And I was hoping that we would actually never meet her. I liked her being this disembodied voice on the phone, sort of, like, in that movie, her, right? Like she could have been like scarlet your Hanson or something. So she calls up and she's like. Have you started anything? Have you started anything you have to do today, and he's like on the couch with a big ice tea, where rather remote control? He's like so that means now. Okay, I'm on my way. He's like Anna is the reason. My life is where it is now like stirring, t in for a robe. Yeah, we really long time we had this flashback of him stirring, stirring and stirring and stirring, like in a fur robe. What is he wearing? I don't know. I don't know. And he's like Anna really keeps me in line. And she's like, okay, I've got three checks speed assign and she's on the phone with them. Okay. Craig, I got three checks me to sign is like. Before we do that. Is this my breakfast, and he's just poking him enroll. That's right in front of him. Slick. Yes, Craig, yes, Greg, what do you think it came from? When you think I need someone to nag me? Let's not my girlfriend. So he tries to look busy for when she comes in. Yeah. He's like trying to set himself up the computer, like Ian inbred up there. This is breakfast. Right. Keeping the as. This is breakfast. Right. Craig just because something is physically in front of you at its before ten AM does not mean. It's autumn actually breakfast. How why did it have icing on it? If it wasn't my cinnamon roll, you got icing on it with your fingers. Craig Craig no one told you put icing on your ballpoint pen. Oh. Kind of delicious. I like that. It has a wet center Craig that's Inc. So, so then we see Niamey and she's driving to her work, and she's got Gizmo on her lap, and she brings Gizmo into the office and I love Gizmo, and the way he walks into that office, just like walks in and just has the back room like Hello ladies. I'll be in my office. Thank you, not sitting in a box. Yeah. I love when people pretend they can train their cats. She's like come here his mouth. She's like, okay. 'cause must just walking off leash, okay? Gives come into the office, he was like, Nope. Just walking. Yeah. It was a pretty bold, move that she basically just like took gives my other car. I'm put them down in the parking lot. I mean that's a bold move with a cat. Yeah. And Chelsea's dad didn't have the dog on a leash later. And look, I know that that's how life is. I just I can't because my dog is not good like that. I don't have been spent a lot of time training training talk. I'm a bad dog parents. Okay. My dog will run right out into the street. Get it like Jason squirrel. Like it just makes me nervous servicing. Yeah. Well, Gizmo is very disciplined. Gizmo, just like walks in and finds a box in Cincinnati. Which is already like significantly more productive than Craig has ever been by the way, at least Gizmo knows what he's supposed to do in an office. Yeah. So he's like she's like you're not going to try and eat the box codger step up from crafts so Niamey's started an e commerce site called like and. Wow. Really rolls off the top. And she's like she's talking about starting around business and her own little thing. And our family has an entrepreneurial spirit. She's like my dad, always says we come to your balls robots robots on one, one on which means yeah, I a bed, you know, I was like I think you just said for Totta. Okay. S cargo, you're on restaurant and it says, yeah, but every day, I still get out of bed, and she goes, I love that because what it means is, I'm like, it's pretty self explanatory. Yeah. What it means is. I'm not fucking Craig both literally or figuratively. So then over Craig's, Anna shows up, and she's like, did you or did you get drunk and order, this gigantic box of beef jerky? And he's like. Deal. She's like no. Here's Ana remember that. But, you know, and then you'd like is like routing through it, and he's like luck and like holds up like three sticks of what's not even beef jerky. It's that what's it called, isn't it? It's jerky. But it's like not it's like the what do you call it the ones that are like the sticks the sticks of Turkey jerky. You know what I'm talking. It's a brand I'm like, I don't know doesn't even so Craig's, like I don't remember but I guess I'll keep it. Okay. We've gotten a meeting within cabinet nine and w nine we have to fill out and the us. What's that? You're w nine she points. Oh, all makes sense. Now. So Craig's like, well, when I was in the Bahamas, I had a lot of time to think about the business opportunity that Patricia made for me and, you know, I don't have any more excuses, but there's a problem because we can only make ten pillows a week and like, basically can't accept anymore. Yeah. Yes. Sorry say basically, we can't accept orders anymore until we figure out how to make pillows fast. In the complex art of square pillow. Meanwhile, people on fuck and project. Runway have three hours to make could your address. And he is trying to figure out how to send two pieces of fabric to a sewing machine and puts them filling inside. And it's like oh, and don't forget that Skype meeting and he goes about the pillow business is that today. You can do it crag. You can tell any. So shut goes to meet Danny for lunch. I mean Jesus Christ. Shop good Lord. It's like can we have any more misogyny on this? We all thought we were getting rid of the biggest misogynist or so. When Thomas Thomas laughed and separates just really coming in to take, you know, fill in the space fill fill in the gaps. It's Charleston, there will always be misogyny down there, so Shep is meeting with Danny at home team. And she's like Shep I just ordered a game changer. And I haven't had one in three years gore. Sh with a floater garnish all just have a pills ner. Gars also burger chef please. Stop rhyming. Please stop. Rhyming. It's like one Parker. Okay. We'll just split worker, but with no lettuce and tomato. I want lettuce and tomato. Okay. We'll just put it on the side for that thing. And he's like wandering tater tots on the side or MAC and cheese, because we'll of tater tots. She's like, what if I wanted MAC and cheese, he goes, I'm driving? A bus Honey. She's like fine tater tots. You better. Also be paying for the bus, Honey. Yeah. Yeah. So this arc awesome about Austin, and he's like I mean how the fuck are they still together my right everyone? I mean like if my boyfriend had done that to me in shifts like go Hirsch. But what about her? I mean, she cheated on him, and she's like, after he had a threesome, and he's like, well, sometimes good guys have threesomes triple garnish. If I was there, it would be a four soem quadruple Karsh. And then they get a triple burger does anybody in that town live asked like forty. I don't I don't think so I know that we I definitely felt like I had forty pounds just in like the three days that we were there for real, what am I, I'm not the food police, obviously. I'm a big guy. I'm not like sitting here policing food, but even I'm like that is a lot of saturated fat. I know I also wanna know what a game changer is I feel like I've heard of it. Maybe I've even had it. But I don't think I have whatever it was that Danny drank it looked Alicia. And I really whatever it symbolizes a women getting the vote. Ships like sue. Tell me about this young lad, gentry. She's like he's hot. Yeah. Because he Toller the me. No, damn it, does he funnier than me damning taller. I guess I'm taller right. He's like, so what's the next step in the relationship? So this is what I hate you know, as a woman people make me define my relationship. I'm like, guys this is what you asked up all the time. I know. I mean raging misogynist. But still. Yeah. Including right now, when Danny sorts asking chef about Katie his, and he's like who's that, you know, the girl that you've been seen with. Oh, yeah. And then we see like a flashback and it's you see shop with girl that he was like showering with. And it's a ship's girlfriend of the week below her. Girlfriend of a week, I think of a week. Oh, I thought of the week because he's like grew friend shows his girlfriend, Glenn. We anyway. It's still shady, the editors so funny. And he's like, you know, I'm just nervous because I really just want to be alone. Secularly stop sat sabotaging yourself. Okay. You just don't want to be venerable was like. I was like, I like the I watched the bachelor, so they can't pronounce vulnerable either. So yeah, I'm with you girl. She's like you're being a coward, and he goes. Oh, no. I've been hurt before the year was nineteen ninety seven to spice rules were all the rage. And there were seeing a song called if you wanna be my lover and it inspired my then girlfriend of three days to be empowered enough to leave me. And I've never been with a girl ever since it really her and Danny's like that's why you're not in a relationship he's like you know what? I'm still hungry. It turns out, I don't like tater tots because, dammit, I want him back and cheese. Well, we'll just take them and give them to like a homeless person. She crams his, and he goes are there homeless people anywhere. She's like she's like I cannot believe I'm being seen on national television with this guy. And that, like he has done. No work has entire life, and we'll still be ten times richer, than I am by the time. He's not. He dies. Probably be like three years based on that. She's burger. So then we go over to Chelsea's, new house, and she's with her interior designer Kim, who if you are a survivor superfan, like I am you might recognize Kim as the woman who won the season that Chelsea was on solid release out about that because Kim was like a superwoman like she did. She just like it was just like walked to that million dollars. She just like effortlessly was awesome. So, like, of course, she comes in and does like an amazing job. With with Chelsea's house, of course. Can we do that? Yeah. And she's brought her all these new things for the house, like a purple or orange vase and a little bird or something. And basically they're just talking about how Chelsea so nervous. And she did this whole house herself like she flipped this outs or renovated rather because she's not selling it. But yeah, she renovated the shitty little house, and it looks really good. It looks amazing like so, so good. And then Chelsea starts talking about this guy, Nick, who she's been dating and he she met him up in Newport, Rhode Island randomly enough, because he's a professional sailor. And she looked off all go. Keep making your printer for some reason a fall. I'll just make. I don't know. I had I had this weird block against Chelsea, that when I'm at home, and I'm like, practicing your accent against the TV I do like imperfect Chelsea. But then when we got on the podcast, I like Turner into some weird British Australia. Miami. Bad who drives the truck on there? Today up and the six. Everything he said, it's disgusting. Except the truck part, the dip part is really not that appetizing. I have to say. Well, I mean, I like chips and dips, unforgiving that one well, but it's a little different. It's a little different type. Yeah. Gross. So then we go over to our hotel where we you know, I was like, oh my God. That's what we were an as like where Rach if they're eating their on southern. So he went up to the rooftop grill for ledge, which we never did. I'm so lazy. I was like, that's another elevator. I don't want to go to this also cold out. Okay. So we're like no. Actually, that's not true member. I went out for drinks with a bunch of people from the show and you went to bed. Oh, yeah. That was really nice place. I forgot I was so full from dinner that I like could not move. And I just like I actually I didn't even go to bed. I just laid on the bed for an hour and a half or two hours like the POS like, oh my God, I have to digest Charleston right now, like get my system. That was a lot of eating. I shall Cam arrives, and then she's meeting Naomi and who else damning. Yeah. And they're just basically like Hecker, Haggar, ohi girl, Hager hide girl girl, Haggar cameras, like so house has the boyfriend and AM was like, well, you know, he can't really come anywhere with me because he's always on call and camps like being a call girls. My only girl. Yeah. Yeah. I like high girl disol- you, but I only way, high girl high. And then Danny, by the way, has just gone to spray tan Naomi's like sprit hands smell. So camera goes bad. She's no. Distinct so bad. Yeah. Bad. Thanks guys just ship. He made me feel great do. So she's like you're smelling ship right now. Not spray tan. Just show up on my way out. Yeah. I, I was within ten feet of ships. So I apologize for the sense so cameras, like gas you. I was e mailing and Danny says, gee, that's what I call them. That's your boyfriend gentry. So basically, Danny, and gentry went over to Catherine's house to check it out. And we saw this really weird flashback where they were they were there and then gentry was like all right now. Let's go upstairs. He like he like helped himself a real estate guy. Well, that's what I was wondering is he the real estate guy or not? I was so that's what I call him. He showed us, Catherine Stu house. So I think. She realistic guy that stomachs more set the house because he liked was talking with such a thirty. I was like excuse me, sir. This is not your house. For a moment, Charleston. He comes over and he's like, yeah. This is the closet. It's roomy. It's Spacey down. I mean, honestly, based on what we seen on this show. It's like seems totally like a viable explaination. Samantha, the Danny's dating the realtor, who showed the house, and just, just reemphasize. He is so hot. Yeah. I mean, white blond guy, he's hot in a way that looks like he's up to dangerous things like he's lifetime TV movie hot, you know. Yeah so cameras like is she binded renting it? And then she looks at up because she's renting it, obviously chick sixty six hundred dollars. Does she understand that spend money in the toilet talk her down talking to better prize? It's too late. Danny's like don't worry she's young. She's twenty seven. She's got the rest of her life to be on a reality show and alimony. Like German so excited to have something to be judgy about, again, she's just so thrilled. You know. Yeah. So cameras like now, y'all did you see that Ashley on award for being like outstanding nurse of the year or something like that? Like what? And so they look at it as video we're actually won something like one like nurses year from, I don't know. Who does? Thank you in versus. Yeah. Polo, nurses, Huber stink. Yeah. Pulling hersal super state university. And she's like up there receiving this like this award. And she's like when I was sixteen years old. I discovered my calling I wanted to be a nurse. And I wanted to be let those nurses were for me the day my father died, and it was like, oh, okay. And she's like, okay, Chelsea. Chelsea. Take a good look at this award. Can it's going to be in your life for the rest of your team? His. This aboard. It's just a trophy award. And I thank you for it. So Danny's like is this a joke and the camp goes, well, y'all she's getting award for altruism or something. She can't be a hundred percent bad, right? Dan is like yeah she's one hundred percent evil on here, just yet, but I'm thinking, like, you know, maybe if we met her before all this, you don't think she'd be different. I think I'm gonna take her and congratulate her and they're like. They lose their mind. I really would like to know where where Ashley got that got that award from, I really need to know because I'm on, like a research, kick right now, I just earlier today, I did some research, into Dr John Sessa from real housewives of Beverly Hills to find out how well because, you know, I feel like I've been hearing different things like, oh, he didn't go to credited institution yet. Cetera et cetera. So first of all our friend, Heather, she said, she told us on Twitter that he has a doctor in, like doctorate in business management. So it's like, okay that's not. Okay, fine. It's not like he is not like whatever whatever sort of doctorate we were expecting. It's not what he has he, and then I looked at his bio on, on the bed, Trump dogs website. He got his doctorate from like, Argo seeing university. So I looked up that so our gross university is like a for profit university like. It's like a network of university colleges and universities or whatever. And there's like some I didn't read all of it, because the Wikipedia page was long, but there's all sorts of sketching this in terms of like how they use their money, etc. Like think like Trump university kind of stuff and basically it closed down this year in February because of order to close down because it was like, like bullshit. It's like a bullshit place. So totally shot. Yeah, totally shocked. So that's John says, background. Dr John says, his background that I would not be surprised if, if our dear Ashley also got her nursing degree, or award, at least from Argo sees. You never read. It's always, always a good one to check just checked read says I googled it. And it looks like this is a this is a company award ceremony. So I mean, I guess you could win an award the same way my company will announce top performers every month. But that's not exactly prestigious. Well, I don't know everybody. Here's what I know Ashley went something. Geniality. I'm sure it's time for commercial. It's time for crap ins commerce show. So now back to Chelsea's house. She's preparing for her house when we party and she's really what she's with her friend, and what's her friends name again? I missed it, and I was too lazy to go back, but we've seen her before she sorta looks like Mariah Carey. But like a short little Mariah Carey, I don't care. I don't care if her name. So she's like a really hope this stays pretty time. Hey, my Chelsea is back. There you go. Which I thought was funny, too, because she's like I want this team as, as we then watched like six kegs get rolled into her living room, and like beer, that's they get the cooler like like if you wanted to be it's pretty tame. Maybe you should stick with them like wine coolers, and like I know it's like kegs and cooler is all over her brand, new hardwood floors, put that stuff on the patio. Why was that inside Chelsea bizarre? So we put a tail. We should we should we should put some plastic ramp around our little little, friend, come here, come here, a little Fred just lay on the ground. We're going to put these things on. You don't mind do we need to do? We need a dozen night at area where ships going to sit. We can put a terrible down. I was looking at what am I love Chelsea so much this season? So then Cameron comes and we get to see the house and it is really is. So I'm so jealous so jolly. I know. And then Chelsea is like this is sort of like on the heels versing like I'll like a, my aunt, who can has draws a truck, and has looked, deep and long ago, hunting and stuff like that. And then here's my portrait can say listen to NPR, I'm like, wait. What? Cameras, like let's take a shot girls. I'm still he up. Yeah. Baby shots. They take a and then everybody starts coming over Catherine and Caroline come over and Dan, Chelsea don't need to write down here. I rotate everything I was like, there's someone named Susan who's wearing a scarf, and then NIO measly becomes brings a bottle of champagne or something. She's like upright you this someone gives it to me last week. So whatever you take, I hate it. Even the kid from the surf shop last week on vited. I was like, really? Probably broS, probably surfing, broS, Brill, surfing, community, Charleston. I mean come on line. Iraq, zoo, Madison and Austin, come in, and did you catch the slight stink face Austin, gave the house? Yeah. He's not used to clean spaces. So is that I smelled disgusting. So he sees all this beer, by the way, has been provided by something called island beer. Some brand probably local and often sees. This is so embarrassing. I mean, she has to use another beer handle. It's not mine. It's just totally embarrassing. I can't believe this. I mean it's insane. I like having another little tiff with her right now. And is like, oh yeah, it's really to patch Chelsea, you can use mine. She goes Atra, your first big, and it's like a things kind of like hit a snag. I got hit with cost difficulties and loss. I put my bureau my bureau business on the back burner. Just looking my mouth a lot for this. You can't see yeah. Yes. I did. He goes, I probably did really embarrassed, which Matfield bad for making fun of him about it. You know, because no-one no-one likes going through the trauma of realizing that their parents Bank account has an end. I know. But also at the same time he doesn't even know if he's put his business on the back burner, which makes me wonder if it ever made it to the front burner in the first place. I think this just me that's his way of saying. He's waiting for his mom to start returning his calls again. Yeah. That's like he, I think he thought he was going to get a lot of like free shit or, you know, I think it's going to be like, yo look, I can't afford this right now, but we to promote heavily on southern charm and your all your money back. Everyone was like, no, no. He's like, I'm embarrassed and it the Cameron who's doing that face. She's going her face as you're saying, like, what it coulda shoulda in. I love when she just she'd literally does that emoji of teeth clenching. Yeah. Face to the ship arrives. But he starts wandering to the wrong house. Then he like, yells clearly up production like gore, she'll be which is it? I mean how many awesome I supposed to go to what am I girl on a bike late at night? Though. He comes in and everybody's directly on him. Cameron say I thought you bring in someone. He's like, oh, gosh, I got home who up just me solo again, just as like okay. Well, we'll fix your plate and go outside. See how did that? Or everyone we're gonna play game called hammer Nile see there's stomp in the middle here. Everyone has the Nile, and you gotta take this hammer, you got hit your nail. And if you hit your nail that it's awesome. But if you don't you're you gotta drink. Anyway. NPR in dip afterwards. Yeah. It's just Chelsea, tricking them all into doing home renovation for. Call this game shingles, and what you have to do is you touch shingles the house and wherever gets the motion Goldstone. I get the big hug for me. All right. This is call wait till all right? You start pulling on weight. And if you get it out and win shot. You don't have to take a drink. But if takes more than one side, you have to take to drugs. So sad, the guys talking chips talking to Craig and Austin, and he's like, you will believe. What happened last night? I hate watching the guys on these shows. It's like all these sales custody. Like you won't believe what happened last night. I'm single now. So I bring this young lady home. Oh, I see you rebounded quickly and we go on bikes lost her. Lofta her Craig, how do you lose someone on a bike like I'm not sure? But you're also the one who got loss on that island and had to like dig a hole in the beach. It's five of the night. Yeah. But at least you stayed with Catherine. Loan. Have to think of some of such fucking self, especially at the beach, whatever that means. Karsh so, yeah. Shop walked into the water. Don't girls are girl. They don't know how to think for themselves. They wondered, they just keep walking. Do you let girls do whatever they want? Next thing you know, they're ordering MAC and cheese is a side with the triple cheese. So chef is like, gore sh-. I mean I went home and, and like I was looking for her, and I look everywhere, and then I see this girl seven houses down g should wrote her bike into a ditch. I was like, oh, gosh. Are you ok you dumb girl? Oh, girls are so dumb, Greg. So she wrote her bike into a ditch, and you just kept driving seven houses down telling stories do yourself. Gap. That's exactly what happened. If Craig can read you. That's a bad sign. When Craig is responsible mature by near shepherds, like I was looking for everywhere. I mean I didn't start looking for another ninety minutes. I realized she was gone. But I then looked everywhere. So then outside Chelsea's got more games so you ever played busy back. Right. Take this map and start turning random circles. You ever play broom and Steph, we just take up room and you sweep left and Ron all the dust into a dustpan put in the trash overdoes fastest wins. This call hands on a heart body navy. Put some wax on these sponges just keep going around and around I went to remove their hands loses you ever hear of a Peyton bucket. And how Smalls what you do is, he's put this, this brush, in the paint, and you paint a wall and paint us fast possible, whoever paints of all for fastest wins a special thing for me to be so inside Danny gets on shop. She's like so when she's supposed to have girl here, and he's like, oh, gosh. She don't mean because she saw picture of me and some girl on the couches. I mean, look, I told her I like how ges but it would home alone ours. Yeah, they're like, okay, fucking ship. So then it's like more. Like more party time and Chelsea's like people are spilling, Chelsea's like constant cleaning up because she has like six kegs in our living room for no, good reason. And then her friend just goes up to shop, and just like flings a napkin and his face. He's like, what is that? Was that crazy small tiny hands shaped hand size blanket? It's an app can chef. Please use it. Don't try and get that liquid cancer near me again, either it's like antibacterial grand. So Catherine so girls. Tell me the cost up member by what gossip tell me. Oh, okay. So hugh. I wanna tell gossip to you. I'm dying to tell you but I promised I wouldn't cameras like am I supposed to say it? You want me to just say yet our little darling, Catherine here. And our little friend Whitney had little rendezvous. Katherine has like a moment where I, I guess it's supposed to be empowering where she's like armed the first time that Whitney, and I had sex like he told me not to tell anyone, but then he went old everyone anyway. And I was lying for him. So this time I'm like, oh, I'm going to say it. I like okay you go girl, maybe. She goes, I mean, now, I don't give a shit, and Whitney. If I were him, I'd be like, yeah, man, I sure did a blue. Exactly. Right. Why Whitney embarrassed when Jesus Christ? Yeah. So, like so how was it? How was it sleeping with, with Whitney, and she's like arm? It wasn't bad. Like what? And it'll be just dying. She's like I can't not. Not. And she's like, well, you know there's just so much stuff between them. And then you see the clips of Catherine screaming at him like you are what administration that matter. Whatever Katherine speaks about this level. You know that like the walls were about to start crumbling. Yeah. Exactly. And now he's like God like maybe Craig was right about wouldn't sort of being in love with Catherine being upset that she was with Thomas like a week after the hooked up like as much as pains meet ever give credit to Craig for anything in life. I might just have to do this now and throw myself off up here. Sorry. Yeah. Correctness ally Chris right, usually, right? Unless he saying that he's he was just lost in duck himself. A hold asleep and all night. Craig actually, specifically does lie quite a bit. I think that's one of the things you talked about about other people you by us about himself. But whenever he's confronting the guys with their shit. Yeah. It's usually not found out to be a lie. You know what I mean? Like, well, so how, how do you say? Astronaut no other stuff. You've is about. So they're like, hey. So how does how often Chelsea know about this then Catherine's like are like you told them and then cameras like what he's going to kill you and Catherine goes. Are. It was a good biggest of all. I just. Old car company. Murmur, so awesome Craig Whitney meet up for lunch, and Austin sees Whitney and his north face vast. And he's like, what's up fly? Looks like he went overboard is like mother. You look like you just want you just went squirrel hunting. Would you want squirrels your role Whitney, and mother vote Whitney? Whether you hold Austin. So then Craig joins up and they start ordering beers. And of course, they don't have Austin's be are. So instead, they order Cooper river witness Faisal. He's like what do you have on tap? Sorry. Fun. So say to go back and come back come back. What do you have on tap? What sort of some Cooper river now just to remind Cooper, he's not on this show anymore. Hey, shall we found that homeless person you were looking for? He's like what is your what is your peer called? And he's like, trop hop trap Queen Mother Queen cutting the oddest ball busting session I've ever said oddest and most forced as well. Yeah. But yet at the same time, totally warranted because Trump hopped Trump. Hop doesn't it's weird. It doesn't totally feel like it rolls off the tongue almost feels like Austin. It's should be called like tropical hops or something and often like, you know what I'm going to go ahead and give it its nickname for you, like you like you know what I'm saying? Like Trump hop is what the users would call it and he's like, I'm going to give it its own nickname. It's like when you try to give yourself your nickname, you're like, no, that's not right. You have to let other people come up with it. You know, like it was actually born Ronnie. Instead of frontal. Yeah. Yeah. Or or like, like if. Like any any name that you got. I'd never heard in your life you came up with your way too hard for this one. Do I finish this thought process or do I just blow my nose? They're about this. Yeah. Quality of podcasts. Content. So it means like you know, they talk about Austin being depressed 'cause unit he sacks and fill me in on the party. When I miss in Austin will man, I wanna know. What is love? Are you dating anyone because you in Catherine are particularly close these days? No, and Craig just puts his chip on his hand, and when he's like fuck you all man. Mother fucker. Breezy fundamental, right, mother. And then like. Yeah, Whitney's not really a label guy, and Greg says. Yeah, Austin's just trying to force because he's trying to force it must've like you know, I just like the connection. I like the connection with Madison. They start talking about Madison now. They're like, why are you with this girl Madison doing like, and the bruisers like pull out that video, because obviously eighty other? Yeah. And the producers put that video for like the six time this episode. We're going to be watching that video every single episode like awesome like yogurt today and he'll just show the video for no good reason. Madison. You're being saving right now in person right now. So the day like on a why what someone's a Debbie Downer? Someone reference Debbie Downer. I don't know why I don't remember Greg goes. I mean, we're not really trying to be Demi downers and Whitney goes, who is to be Downer. Who is Debbie? Anyway. He wanted. Why don't they? Rachel graduates, so mad somewhere. I know and Craig apparently, there's some girl named Debbie somewhere that really sucked. One time. So now we go over to Cameron's house and shops can come over. And so she's gonna she goes out to her. Doctor, the acute dock at the back for house. She's going to check the crab track. Check check the crab trap, which could also be the name of the show. Check the clan Pratt. Ships abed. Yeah. It's like it's just lying for ships coming over. I'm gonna check the crab trap. Oh, so once he arriving. So so he comes over and she's like, well I see if there's any cramps because that's going to be dinner, so they pull up the trap and chefs are like going in with his bare hands think shepherd. No, you can't go the bare hands. It's a quick to crab is going to go. I know what I'm doing the very simple like women. Okay, I'm just go in there and he goes, he pulls out the crab. And of course, it pinches him. He's like, how are how Gars Shapiro me wanted the crap? Pinch me. Can we go? I'd never seen anyone breach. Their hand into a trap you are truly a moron. Trap Queen Mother call back. So they throw the grab back in and he's a car. You reminded me of me to find brave kind of be further shower. Wash that crap. It's them deliver non. Wow. Sort of unnecessary, but it really spoke to me. So cameras, like, okay, let's talk about last night. Again. So ships like, oh my God. Catherine Whitney Howells fell out of my chair or were you surprised. She's like, no, I wouldn't surprise. He's a dog. You've just wants a bone and steps, like so we, she put a chef. Sevens like so eager to acquaint every women's deeds with a man steets, so interesting. It's because it's usually the other way, it's like why is the woman, the one taking all the shit when the men are just as bad and this time, it's just it's opposites day, shop, he's like, wait a minute. The girls get away with everything. Yeah. Girls just get away with everything shop. Yeah. So Cameron's like you know what if like what happened what would happen if Katherine got pregnant with Whitney's child, and the Nash Patricia would finally have the grandbaby. She wants so badly and chips. How will be so perverse in wonderful, garnish? Yeah. And he goes. I wonder if the conversation I wonder what the conversation they had after the sweat dried like, don't tell anybody, I don't think he would have done it, if she and the mom had become buzz like oh, mother improves ziebel fingers. Yeah. So then they started talking about Madison and apparently Madison walked up to shop after like everyone's leaving aka cameras, and she basically s shaped like what's your problem with me, and I told her exactly how I felt I don't feel like you watch Austin put yogurt on enough, and that's not supportive to a man gar. So what's the difference? I mean, they did the same thing to each other, where are you so mad at her, and he's like, no, the person to do it to cheat out of revenge as more culpable, in my opinion. And she's like you are so sexist. And he said, no, I would say about a demand if he did it, you know, it's about sex, but it's not about sex as home yet, he basically feels like if you cheat and decide to stay together, it doesn't mean that then you get to cheat like as. Or to even the playing field. And if you do I'd hope you'd be, discreet, because everyone in town knew at made my friend Austin, look like a clown, garnish that was the that was the aspect that actually really bothered me the most because there's been nothing about the guys on this show. And there are sexual activities that has been even closer to the screen is just like everywhere blatant. And why is it that like she has to be discrete whereas all the guys can just like flaunt their should around? That's where also the biggest hypocritical part to me, is chef is always trying to make friends quick clowns. Mckee goes out of his way he gets so jealous of them. There's always trying to make them look stupid. So he can get the stupid girl was. She never does. Plus, it's also not fair because, you know, Austin already looks like five bears. So he's already like a mop it. So to call him a clown. I mean like we know what he is. We know what he is. And cameras, just like sticking her finger into like the middle of her is like, ooh, can't take mad is like begging for the crab to come back, so she could just stick it on. Face. And that brings us to the end of southern John fun, fun time everyone. I hope you have a wonderful Memorial Day weekend. Stay safe out there and have time and be sure to come. See us in two weeks in Milwaukee, we're gonna have great great great time there. We don't know covering just yet, but it doesn't really matter what we cover because we're all going to bond as one big happy audience family. Yeah, everybody. We'll talk to you later. Bye.

Craig Craig Chelsea Catherine Wes Austin Danny Pellegrino Chelsea Austin Cameron Charleston Thomas Thomas Greg Whitney Ronnie Kerem Milwaukee Madison Jason squirrel Trump Jeffrey Boehm Ian
You Have a Book In You with Pat Iyer and Adam Kipnes

The Entrepreneur's MBA with Adam Kipnes

31:21 min | 10 months ago

You Have a Book In You with Pat Iyer and Adam Kipnes

"Welcome to the entrepreneurs, MBA bringing you lessons from real life entrepreneurs. They don't teach business school. Here's your host business and marketing, strategist Adam kipness. Elo welcomed today's episode of the entrepreneurs NBA podcast lessons. You can't learn in school I'm your host Adam kipness. I appreciate you taking a listen today. In entrepreneurship. Being the thority being visible, being thought of as an expert is one of the more important things you can do, you can have a great product. You can have a great service. You can be very well light, but if people can see you as that authority that expert. It makes them much more willing to want to do business with you and to do business in their head, even before you formalize agreements and one of the key ways to do that is by writing a book and today. We're going to talk about how you get to write about what goes into it. What the positioning is what the model is and what the support system is for you. Today's guests Pat Ir has written over fifty books. She's helped people write books as a ghostwriter, a copywriter, and as a thought partner getting that book getting that story out of you, you can find out more about her through this interview, but also at her website Pat Ir. I Y E R, dot com. That's PAT DOT COM. Hope you enjoyed the conversation fascinating lady on how she? Went from a million dollars in debt, almost lost everything to building a business. As a nurse, and where it came from, and how supportive there, and now she helps entrepreneurs today be enjoyed the interview. Appreciate your time and thanks as always for being here. As entrepreneurs we're used to the ups and downs of the day's ups and downs a years. The roller coaster that our business adventure. Our business journey can put us on. Wearing. The learn a really interesting path, a great story from an entrepreneur. Who did all the right things made the right decision. But. It didn't turn out as planned. She was able to recover. Continue on with their business. Sell that business, and now helps entrepreneurs in their passions, their dreams, and getting their message out Pat. Thanks for joining today on the Entrepreneurs Mba. Thank you Adam I'm so glad to be here. You're very welcome. Look forward to the store. We talked a little bit the other day just about making a gut decision that you knew in your heart to be right How did you get to that path? Because you didn't start as starting your own business, you were to in other ways. WHY START A business? And what was your journey to get there? I started a business because I wanted to be in charge of my destiny and I think your show is aptly named. It's for entrepreneurs and they get their MBA from the school of hard knocks. We all realize if we're paying attention I say that you can learn from your lessons. My husband and I borrowed a million dollars in nineteen eighty, and signed a personal guarantee and I'm assuming that all of your listeners know what that means. I didn't know what it was when the lawyer saddest down and said if you sign this piece of paper. Everything that you own could be taken if you default on the loans. And, we borrowed this million dollars, so my husband could start a welding business. And a business that would create parts for plastic extrusion machines. We borrow that money. When the interest rate was twenty four percent a month. There was no way we could ever pay that Mac, but we didn't realize that it between the business failed in two years. And as a result of that, we then had a visit from the bank when I was five months pregnant, they came into our house to look around our house to decide if it was worth taking, and as I watched my husband direct this person around the house. She said you see the crack in the ceiling here and the water stain there and you know there's a crack in the foundation here. He kept trying to point out the flaws to keep the down as low as possible I'm thinking I'm pregnant and I'm GonNa be living on the street and my child be raised in a cardboard box. The bank guy took pity on us and the Small Business Administration decided not to take our house and my husband negotiated. So that he could pay back I think it was ten cents on the dollar by selling the building selling the equipment selling whatever he could to satisfy the people that we had borrowed the money from. You would think I'd never want to be in business after that experience. But what a Turt- me. Quite. Honestly is that if I didn't have the money to pay for something, there was no way I was ever going to take out a loan regardless. I DIDN'T WANNA face interest rates I didn't WanNA. Face payments I didn't WANNA face that stress. I did start my own business approximately seven years after that working with trial attorneys testifying as an expert witness in nursing malpractice cases. And I did that for two years, and then one day an attorney called me, and he said I have an emergency room case for you to review nurse Ir. In his mind. A nurse is a nurse nurse. I listened that. But I was a medical surgical nurse never worked in the ER. Never felt competent to testify about an emergency room case, but I connected him to one of my colleagues, who was a well qualified emergency department clinical specialist I. Put them together. And then the light bulb went over my head. That said well if he settles, this case are wins this case to trial. He makes money. She makes money because she's billing him directly. Then I asked a critical question. What is what if there is a business? Could there be a business by putting together? Expert, witnesses and attorneys and I would be a broker. And I would go for their services and take money from the attorney. Pay The expert in. Keep the difference. And, it turned out. There was a huge business. Though was a huge need for that service, so that town light legal nurse consulting business began. Interesting, because it coming from and and you said when you made the decision to borrow the money and if you just had it now, or you told me the other day, it's you. You and your husband felt that was the right thing to do. There was no question in your mind. You are making the right decision and. As you fast forward now. Seven years, and this opportunity comes up. Did you have that same feeling that? Hey, there's something here. And I gotta go do it because that's one of the traits of an entrepreneur to see an opportunity, and you capitalize on it. Was An instant recognition, or was there a Little Ping? You saying hey, this is another business that we want to do this. There was more of an instant recognition I went to a seminar that was taught by nurse who explained the career opportunities for nurses that did not involve taking care of patients like utilization, management, or case, management or being an expert witness. I had no idea that nurses went into the courtroom to testify about nursing malpractice cases. And when she told us what was involved I thought that sounds intriguing. It's analytical. You get to write reports. I wasn't too crazy about the testifying part. If the cross examination is grueling, and you have to learn strategies to hold your ground. But the idea of working with attorneys then took me out of my job commuting across. The State of New Jersey every day in heavy traffic, an hour and a quarter of rush hour traffic with tractor trailers tailgating you at sixty five miles an hour that war on me after a year. I didn't think it would, but it got to me after a while. So when I found out about this, I thought I could put together bits and pieces. Your Listener May. Think about situations of starting business where you've got several services, and you put them together, and then after a while the expert witness work and working with attorneys rose to the top, and the other types of things that I was doing such as teaching seminars and consulting and hospitals in writing books. Those things. became less prominent except for writing books. I have written fifty books as of now. But that. I should say. For the sake of people thinking about writing a book as part of Business Plan, that my first book, which was a nursing textbook got me the expert witness work, which then lit led to me starting my business. I know I just threw a whole bunch of things out at you, Adam? No but I appreciate it. That's that's the fun of these conversations, because now get to pick which direction I WANNA. Go or definitely get to the votes. That's going to be a big portion in just a minute, but I wanted to a couple of things, so you're talking. You found this opportunity where you could be consultant. And there were there was a niche available to you. So one was there. Any. Delay any question in your mind of you're a trained nurse. That's what you went to school for. That's what you practice. That's what new new. Owning a business. You know on with your husband, but it was really his business. How did you translate the serving mentality of a nurse, too? Is sometimes selfish need of a business owner to find opportunity, and to make it work into push through to negotiate contracts. How is the transition to being a business owner forty? You know when you have bills to pay. You think about what is? The best way to generate income I knew that I could work in a hospital at thirty dollars an hour. or I could work for an attorney and I could be paid two hundred dollars an hour. Wasn't really a tough decision. I, was being rewarded for all the years that I spent taking care of patients. I was being rewarded from my analytical skills. My writing skills. My master's degree in nursing. my ability to communicate. Nurses are great entrepreneurs. Of course, many people are great entrepreneurs, but nurses in particular great entrepreneurs because we are taught how to communicate with people. When you come in the hospital and you are sick. You want somebody who can understand you. Accept Unum matter who you are. I got trained to take care of and communicate with people from all walks of life with all levels of intelligence and feeling like crap most of the time. So? If you can take care of sick patients, you can certainly work with. Trial Attorneys and be a savvy business owner. Ultimately being an entrepreneur is about being able to connect with people. The people who can't connect with people are the ones who prefer to connect with their computers or machines, or are not in front facing jobs. Understood understood. We're talking with our here. On the entrepreneurs NBA podcast. Pat, you mentioned as we transition from your your business that you had working with trial attorneys to you able. You're able to sell that business and then transitioned to helping people in a different way in an it really came back to writing books. You started your first book, which gave you the personal credibility to work with attorneys? And kept writing throughout. What was it about books? That attracted you, and what was it about books that showed you there's another. There's another opportunity at a second second business in you going forward. The books are really the gateway. They are the the doorway to opportunities that you can't imagine. They are opportunities for online courses for speaking engagements for. being invited to be on podcasts. It's a way for you to have this ability and authority and credibility. I like the creative process I'd like to learn. I like the process of putting information together and organizing it. That's the way that I'm wired. I would say probably much more left brain than right bring. It but it's another way to help people. You don't have any idea who's lives. You'RE GONNA touch with your books and I know you've written books Adam and people know your name because of your bulk. Who would never would have met you in any other way? It's interesting that you say that because. No matter what I've done in my career, no matter how people know me. When They know that I have books that I've got a couple of books in and a couple more ready to go. It's a whole different. You can see it in. There is that you're an author? have you done any any soul-searching or digging or even research into? Why is it that author which Obviously Authority Is from. The or vice versa, why is it that people are so enamored with authors and they're? They're put on such a pedestal. That is a great question. I've seen that same light in people's eyes. When I was the editor of a book for our legal nurse Consulting. Profession it was the core curriculum. People would come up to me and say. Your Pat Fire. You wrote the Bible. And I got used to it after a while the first time it happened to me I'm thinking the Bible. No, I think that's a different book. There's some cachet you're right at him where it comes from. Maybe it's from our role growing up when we get exposed to textbooks at very early ages were taught to. Treat them well I. Don't know that you. Adam, but I know in my school, you know. Our textbooks were inspected after we finished using them, we had to turn them back in now. They're all probably all online. There's nothing to inspect, but you had to treat them well. You had to cover them and protect them. It could be our conditioning from when we were kids. As possible, it's interesting Maybe there's a book in that we we can do some research and figure out why people trust authors better than others. So I have a belief that and this has probably been in talk to me, told me that there are three types of authors those who just sit down and start writing. Those who have a book in them and are trying to figure out how to get it out and those who don't know yet that they have a book in them until they realize their expertise that somebody else shows them so in those those three types of people. You obviously were the first one right you had a book and you just sat down, and and you wrote it. mine came later. It was like a hat all this information and I finally just put it down on paper, so that middle category was injured forever, and someone had to drag it out, and then the third group are people who They don't know they've got the expertise. Until someone pointed out or someone helps them along the way. You work with those second two groups. You help people. Get that story out of him in you show people that have a story. How did you start from writing your own books to supporting entrepreneurs in getting their story out and showing them how to utilize the power of authority and being author? It started with a good colleague of mine who I met through National Speakers Association in two thousand and eight who had an idea for a book. And approached a book agent and the. Agent said I've seen proposal. You need help with writing. I'll do this for you. And I'll charge you thirty thousand dollars. And, my friend said I don't think I want to spend that much money. This was probably five years ago. It's still a lot of money today. It was a lot of money then and. He turned to me and he said. What do you think about that? And I said I'll do it for you and I won't charge you thirty thousand dollars and he said deal. So I saw the opportunity I liked working with him. I ghost wrote two books for him. From Mount Point the publisher was thrilled with. What we turned in for the first book and came to him and asked him to do a second book. And then people started saying to Maine I've written my book. I know I. Need An editor. Could you please edit this book for me so I started editing books in addition to go starting. Again, it's a creative process Adam and that's what fuels May. have to see when people have knowledge, they WANNA share and they need some assistance. To shape it so that they're proud of it or pull it out of them. And I don't mean to say. pull it out as if like extracting a baby that sounds rather tortuous, but. Sometimes, you just need another person because you're too close to your material, and you can't see it a different way. But I think the biggest tragedies the fourth category that you talked about that. You didn't mention at which is the people who have something to share and they can't get it out in any form. or which is even worse, they almost complete their book and it sits on their hard drive, and they're scared because they're a perfectionist. Is it any good? Is the world going to judge me harshly? Amli going to look like a fool? Maybe I can't write. It would be better if I just leave it on my computer and not be criticized then to put it out. That's the worst. I know there are a lot of people that have that are probably people listening that that have that book they've started it. It's out there, but they don't know what to do with it or there I mean there are a lot of people who. Won't go on a podcast like this because they're scared that they're going to sound stupid. Let alone putting a book out there in print for. You know one of I quote unquote and So. It's an upstanding service that you provide. It's a confidence builder for business owners, but you also beyond just doing the the editing in the ghost writing. You show people how to utilize their book better. You have a podcast that talks about writing to to build your business in writing to make money, and so that's a separate side of the business when you first started ghost writing, how did it turn into? Maybe it was her consulting background. Now you're consulting with business owners on how to utilize their book and a better way. The book is only the beginning I shared with you Adam an example of a book that I wrote a couple of months ago for a conference that was canceled. The book was twenty nine dollars. I turned that book into Sixty six hundred dollars and twenty days by putting an online course together from the content. If I'd gone to the conference. I might have sold ten fifteen copies of that book. So. The payback was much higher. When you take that content, and you put it into an online course where people have an opportunity to interact with you, it has a much higher perceived value. I have told people jokingly that I've made about thirty five cents an hour on royalties from the publishers I worked with. But I have made millions of dollars because of the doors that were open to me because I wrote books. And that came from speaking from working with trial attorneys. My business build more than a million dollars a year the last five years that I owned it. So it wasn't worth putting my first book together and becoming an expert witness, and taking the risk of going into a courtroom where you could you. The attorneys job in cross examination is to make you look like a fool. Wasn't worth that risk. You know absolutely. I trained from that first emergency room, nurse, who I connected with that plaintiff attorney. She became the first expert who I signed up to provide services for my company I, then then trained a total of two hundred people, and that's why the business became salable five years ago because I had a stable of expert witnesses who all have that capability of generating income from my company. When I met with my business broker, and I explained the business I said no, we keep fifty cents of every dollar that we bill. And he said Saint that again I said fifty cents, he said. Do you know how uncommon it is to operate with that kind of a profit margin, and I should bow censored like a good number to me and. I in my experts accepted it and we help them. Give them work, and it supports our. So it turned out to be. A very good model that then provided lots of income for the the experts who provide services for our company. That's fantastic in there. That is probably a book in in in that story as well With. A lesson or two from that business debt that now you're taking not only into your new business, but you're helping your new business owner authors with what are some things that you learn from the expert witness business from a business standpoint that now you're able to use pass on. That you might never have had not done that business in the first place. I, think is a business owner. You have to be prepared for a lot of. Hiring and firing that expression of. Fire quickly higher slowly comes to mind. There were some people who I hired in my business who are not suited for my business and. I should've fired some of the people sooner than I did. Holding on hoping that they're going to get. Better is a problem for a business owner. I got better at it over time, and I was able to more quickly turn people out of the business. Who didn't belong there? Another lesson that I think is critical is to. Focus on your customers instead of always continually trying to bring new people into the company as customers. There's a danger in having all your eggs in one basket. That is absolutely true and I don't want to minimize that. There was a change in the personal injury law in New Jersey that. Overnight changed the number of cases that were coming into my primary customers. Company in a Fi had relied on him as my only customer I would have. been out of business, so you always have to bring new people, but. I spent a lot of money advertising. And one day I told it all up and I realized I was spending about ten thousand dollars a year putting ads in print journals. When I was getting maybe three or four calls a year as a result of that. What if I took that ten thousand dollars and Paid attention to the people who are coming back to my company over and over again. We created a champion customer list. And gave them special attention kept in touch with them. More gave them some leeway on some of our. Guidelines procedures made them feel special made New People. New Customers feel special. That probably added another quarter of a million dollars a year to my business just by focusing out that ten thousand dollars. That I was spending on advertisements and putting it on. My key customers paying attention to them. That was huge. And I carry that lesson I. Think it made it would make a difference in anyone's business is to figure out by volume. Who are your key customers? Know them by name. All my staff were trained. They knew the list of those people when a an attorney called from that law firm, one of our champion customers. There was a different tone in their voice then if it if that person was. You know an occasional user of our services. I love that point. I was having a conversation yesterday with somebody along those same lines that. Your best customers we'll. are buying things from others they could be buying from you. And if you pay a little more attention understands how you can serve them more, you can convert business. You can convert new business I I I love that point I think you. You showed it a little bit earlier where your I go S- writing client did another book with you because you took such good care of him, and for those of you haven't written a book yet. Once you do you don't stop. It's not A. kind of a kind of a thing of new ideas and it ended gross, so as as we wrap up pat, I want to bring it back to to the the writing side of it. In sort of a two part question, somebody's got a book in them, and they've been talking about it and talking about it, and they just haven't done it. What's your your best advice to that? You seem to get them off the. Off The block off the chair, whatever whatever the saying is, and then someone's got a book. And, they're not utilizing. It's not they're not getting. The benefit that they probably should from their expertise. So how do people get going in your experience? And what do people do with a book if they're not getting benefits from it? You know there's an expression that we only change when it becomes too painful to stay where we are. One of the ways to get that book started as to tell people. You're writing a book. So they say hey. That book coming? And you don't WanNa keep saying Ou. started it yet. Knowing clearly who you're writing, the book for WHO's your ideal reader helps know as much as you can about that person there there needs challenges, frustrations, problems, and how you can solve them. That's critical to have a focus because you can spend a lot of term wandering around in the forest if you don't know where the path is. And then in terms of utilizing your book. I think there's an expression that says writing the book is the easy part marketing. It is the hard part. You have. As your offer as an author, you think Oh, I'm done. You know I'm GonNa. Put It on Amazon. It's just GONNA sell itself. Even if you go to a traditional publisher, it's not gonNA. Sell itself without you helping to promote it, so it's constant promotion. It's talking about it on podcast. It's putting links in blogs it's. Making sure that it's in your signature line. It's doing youtube videos that covers snippets of it. You can get the tremendous number of videos out of chapter just three key points. It's constant promotion, but then it's what we talked about earlier Adam is. Where does that book? Position you in your business? Are You looking for coaching clients. Are you looking for speaking opportunities? It's those bigger opportunities that give you the revenue. It's not the eighteen dollars that you make when you sell your book on Amazon. or on your website depending upon your pricing, it's not the book sales themselves. It's the opportunities that are open to because of your book, and you always have to keep talking about your book. I love it, and that's why we have experts like yourself. Who Know this industry to remind us that it's not about the book? It's about everything else, and you've proven that. In course graded in teaching in Monetization and in in coaching so I appreciate, pat you taking some time to talk through not only your journey, which is fascinating and great to hear the successes. You've had also what you're doing now in writing and helping business owners become authors. Thanks for telling us that story and for being here on the show. You're welcome I've enjoyed it Adam. I've enjoyed it as well. Thank you and thank you. Everyone for listening today's episode of the Entrepreneurs Mba. Look forward to having you all on the next episode. and. You've been listening to the entrepreneurs. MBA download atoms free book how to make more money in your business at www dot pre-booked from Adam dot com.

Adam kipness business owner attorney Entrepreneurs Mba publisher Small Business Administration Pat NBA New Jersey Pat Ir editor Elo partner Amazon youtube Pat Fire Mac Saint
Genesis Invitational Preview with Rich Gehman: The Chris Hrabe Show Ep. 91

Scoops with Danny Mac

23:28 min | 2 months ago

Genesis Invitational Preview with Rich Gehman: The Chris Hrabe Show Ep. 91

"August chris. Rabi show on scoops. With danny mac dot com. It's wednesday february seventeenth. twenty twenty. one and a lot of us are cold. A lot of us are buried under snow. So we're going to talk a little golf and try to send some warmth onto your way via the genesis invitation in los angeles. Rick it is gonna join us coming up in just a few minutes from rick. Good dot com a loaded field. We've got most of the top players in the world on hand and can have fun talking some golf some d a festival one and done some wagering with rick gaiman also Do want your questions. Thoughts ideas for our next round of draft. Says we're going to have plenty of guests coming up. That will do some drafts. With recently we did a draft of actors and actresses. They're filmography these that was with jake. Woodford drew silva joined me for a draft of beverages non alcoholic beverages that led to a little bit of controversy on social media. Jim hayes is gonna be with this tomorrow the last time. Jim was draft a fast food restaurant. So need your ideas. Tweet me at c. h. r. a. b. c. h. r. Don't forget subscribe to scoops. Danny mac podcasts. Wherever you listen to podcasts. Hit subscribe lever of you. Take a screenshot and tweet that me at chr. A eve is scoot. Danny amac dot com for everything every day from yours. Truly from dan. From bernie for martin kilcoyne. The whole gang is scoops with danny mac. Dot com welcome came into the show as we talk a little bit before the genesis invitational. The website is rick run. Good dot com can also here rick on the cbs. I cut podcast rick. we talk a lot about reliability. Is there a silver lining tonight. Lashley that he is more relatable. Now he is a million times more relatable maybe the most current relatable player on the pga tour after what he did and the unfortunate issues that he had coming down the stretch on sunday. Yeah that's right Four putting on whatever that was sixteen is very relatable losing probably like a half a million dollars in the process. That's not as relatable in terms of the prize money. But i'll also give you an honorable mention. The opening tee. Shot from francesco. Molinari's on saturday at pebble beach was a cold top. That he hit seventy yards. I do that all the time chris. That very relatable. That was pretty good. The only way that molinari's could have been more relatable would have been if he had pegged up a second bowl and ashley had just picked up and walked off the green without finishing. It's actually true. I probably don't get four. Because i would have picked it up well before that and i would have had mold my hand in my pocket and a second ball reloaded instantly. Rick game is with us. Rick good dot com daniel burman. We've talked about him and boy was he. Great down the stretch. He had issue on eighteen on saturday but he was just steady man made some big putts was just throwing darts. He actually could have been you know a couple of shots better if he had made a couple more makeable putts but it was just unbelievable man to watch him in those conditions you know essentially front running for most of the tournament after. He got off for most of sunday after he got off to the hot start. I was incredibly impressed. How about you rick. Absolutely and i think objectively however you want to slice it however you want to look at it daniel. Berger played the best golf last week. now. I know that's weird to say because you won but there are a lot of times. The guy that objectively plays the best golf does not win on on the pga tour. And what i mean by. That is burger even over the first two days. He got the wrong end of the draw the order that he had to play pebble beach and spyglass hill. You're the scoring average. Was like two shots against him so he got the wrong end of the draw. He was still able to get through that. He played also on saturday outside of that double that he made on eighteen. And then you just in control on sunday and coming down the stretch to to put an exclamation point on on that event by making eagle on eighteen and even just just crushing everybody's else's even small chances of catching we're getting into a playoff was just. That was the icing on the cake. He was by far the best player in the field last week. You can rick run good dot com and speaking of the field rick. If last week was Maybe a bit of a disappointment especially with some guys w dean because it was not the traditional pebble beach. Pro-am this week genesis. Invitational is absolutely stacked your first impressions of the field. That will see this week. Had riviera absolutely loaded. Yeah only two guys Currently ranked inside. The world's top ten are not playing. That's webb simpson. Barrel hat and basically everybody from one thirty is here. Dustin johnson is gonna make his return after. Wd last week so we have not seen him since. Saudi arabia. justin thomas roy. Macaroni price d shambo. Every big name is in this. Field and riviera is just an unbelievable hosts course it is challenging is fair. There are risk reward holes. there are very easy holes. There are very difficult holes. I mean this. This is really i overuse. My wife tells me all the time. 'cause i overuse. The word. iconic riviera is iconic. I'm stoked for this week. Know i was thinking about something that you mentioned last week and that was with football ending the super bowl. I was a couple of weeks ago. Maybe we've got a similar folks jumping into the gulf waters. Maybe with the football folks are are allocating they're time and capital two gulf. Dfs with a loaded field like this and a lot of public quote unquote names. I guess just about tiger is the only name that were missing from a public standpoint. Do you feel you and you know folks. Rick run good dot com using your data have any advantage based on. It seems like a strange question but this could be a loaded field in terms of the number of people that that are playing golf. Dfs mpg this week for sure. There's going to be a lot of casual entries. I'm kind of already seeing data. You know just just. The questions. Being asked some of the youtube videos. That i put out like i can kind of get a feel for the type of player that are that is that is in a contest this weekend. It's like rick. What are you wearing right exactly. I'm like oh this is just a t shirt like. It's been in my closet for a while but no you're you're right and i think that the ability the thing that's a bit paralyzing for people is there's too many names there's no natural starting point. There's no natural second man in all of these guys are playing. Well a lot of them have really great. Cortez history so being able to split hairs whether it is via data a data set projection. Something like that or you know. Hey my gut says like. You're going to have to make very difficult decisions. This week. Which i only i think only helps the more experienced player or the more thoughtful player maybe not maybe experiences in the word more more thoughtful player probably does better this week. Rick run good is the website. Check out the cheat sheet. And that's where you can see the top of the board and the projected ownership and you're right man looking at the projected ownership right now on the cheat sheet. We have got what. Yeah everybody's within five percents Looking at how many guys we've got double digits. How many guys who've got over fifteen percent this has got to be For a non major in non players championship a non-playoff event How do i phrase this. The event with the most guys that are the highest owned like. How often do you have. You know a dozen guys that are fifth year fourteen or more percent down projected. Yeah it's rare. It speaks to the strength of this field. It speaks to the way that they are priced because that leads to a lot of the projected ownership if there was an obvious value that purse golfer would have a huge project ownership but the pricing is pretty efficient. This week and the field is stack. So you're seeing a lot of just ownership being spread out amongst everyone which is kind of a good thing so you can. You can almost just go with the guy that you think is going to do better. Which sounds a lot easier than it really really ends up being chris but yeah i mean the the top of the board is absolutely stacked and it's really hard to find anything wrong with any of these guys and if you see at rick run good dot com daniel. Berger only projected beyond by point zero three percent. That's because he withdrew you have to go A little bit farther down to start seeing some of that green and starting to see some guys who might be value. So let's talk about the top of the board as it pertains to dustin johnson. J. t. rory rahm. Bryson softly kept can't more cow fee. Now speak it's just goes on and on aware are you starting and what stands out about the guys at the top and a field. That's hard to find value. Rick how do we start to navigate. The big boys yeah. So here's here's where. I think if you wanted to build lineups optimally. I think you'd have to go with jon. Rahm and the reason that i say that is you. Look at the betting odds. Dustin johnson is five and a half to win this golf tournament. The next status odds are jon. Rahm he's twelve to one but he's not being price like that on draftkings the fourth most expensive player on draftkings and he's nine hundred dollars cheaper than dustin johnson. You're getting a built in nine hundred dollar value. Probably not nine hundred. But maybe a six hundred dollar value from the way that jon rahm should be priced like i said before. We're kind of splitting hairs. All of these guys is jon. Rahm half as likely to win. This golf tournament doesn't no but that's kind of the way that he's being priced so from a standpoint when you talk about straight value you straight salary cap jon. Rahm is probably the guy if you wanna talk about value betting market the one that stood out to me. Chris is bracing d shambo. You give them a sixteen seventeen to one in some places he is a. I'll say he's a prolific winner on the pga tour. He's won twice since the restart one of them being a major championship. he is longer than zander's schlafly. Who doesn't win as much as he should. He's much longer than worry. Mcelroy hasn't won in over a year that to me. You know we talk about value in different ways is a really good outright bet value you know for all the talk about bryson and how damn far he's hitting and we'll continue to hit the ball. Is he getting enough credit. For how good of a putter. He's been consistently throughout his career. Rick and the fact that he's also getting it seems that yeah so he is. He's like a top ten on the pga phenomen talks about greens. Yeah because it's a lot more fun to talk about the bombs and the transformation lashley seriously the the biggest thing that i've taken away from bryson's gain of distance and being much better off the tee is that he did not lose anywhere else. That's shock and usually when a guy dedicates a lot of time to one thing they get worse in other aspects will bryson was already pretty good at everything and then he just added an absolute weapon off the tee that we don't shut up about so no christy wright his short game especially the putter is phenomenal. One of the best on the pga tour. And you're gonna have to be able to roll it. These are those kind of awkward pohan greens at viera that can cause them caused some issues. So you're gonna need to be able to put well and if you look at strokes gained putting i mean. He's been really really good like last year. He was in the top ten. And you have to figure that with hitting it. Farther east got shorter and more manageable. Putt so in terms of scoring and in terms of of cashing in. I i just. I think it's interesting sometimes when a narrative like we talk about can shift our focus and in this case shifts. Our focus away from guys strength. I was trying to think of another guy who may be because of a narrative because it's something he does well we don't give them enough credit for something else that he does really well. I was thinking about twenty feet. Now we talk a lot about the failures but we don't realize how good he is. Lectures legitimately awesome. I mean an and actually for this week as well you know being ninety three hundred dollars on draftkings. I think you can get him around. Twenty to twenty five to one depending on where you are looking. I know he doesn't win but the reason that he hasn't won on sundays is not necessarily because he's melted down. He said a couple of awkward shots but usually plays better than the field average on sunday. Usually what happens to him is somewhat shoot sixty four and steals the tournament from. And we've seen that more often than than tony now. Melting down now riviera tenth most difficult course on the pga tour last year. If tony females in contention and he should sixty nine or a seventy like adam. Scott did last. You're on sunday. He might win this golf tournament. I don't want to have any bold. Takes of tony's gonna win this week but if he's gonna win it's going to be at a spot like this where you don't need to shoot a sixty three on sunday. Yeah you know. His scoring average was down a little bit. The first three rounds and then maybe popped a little bit. I was a little bit different on sunday. Even if he was arriving at the same spot if he was coming from like twentieth and then ending up like third or fourth talk about him being on the verge rather than him writing collapsed. Yeah it's it's a perception reality argument that we have all the time. Look at jordan speed jordan. Spieth was the fifty four hole leader. Two weeks in a row didn't win either. Two top fives. If you told me a month ago jordan spieth would have back to back. Top five finishes chris. I'd be foaming at the mouth i'd be like oh my god. This is unbelievable. People are gonna argue. That jordan speed has been a letdown in the last two weeks. So it's it's all it's all about perception versus reality. You know the other guy that. I think maybe falls into the same category. But maybe the inverse of of bryson is brooks koepka. And i was a little surprised to see his ownership projection at rick. Run good dot com. That's called a tease. You can head to the website and look at it. And i feel like brooks. A lot of the numbers would suggest. He hasn't putted as well as not only he could but he typically does and especially last year down the stretch rick when he was kinda grinding would show up maybe out of nowhere. Especially if if you had been. Dfs lineups on saturday or sunday. You kind of forget to pay attention. He'd sneak in make the cut and play great like he wasn't even putting well at all down the stretch last year during the I guess of the restart. And i feel like you know maybe as much as you can buy low on a guy. It's price like brooks. Maybe there's a little opportunity there probably not for long. Because i imagine he's going to continue to play probably not for long. This week's kind of interesting. Because i have him yeah much lower owned at least projected than some of his peers here. And there's a couple of reasons for that people don't like to play the guy after he won golf is the only gulf is the only sport in the world. We penalize the guy who is the best golfer in the world the last time he played. That's what we're talking about. Have you ever seen if there's actually any correlation to back that up or is that just again recently us because in the nfl. It's always you know the narrative the team that wins the bowls team. That's been hot there. The team is playing the best. There really is no data to back this up. The the the issue with is golf. Tournaments are hard to win in general so of course guys. Don't go back to back because golf. Tournaments are hard to win and you have like a five percent chance at if you're a stud a five percent chance of winning any golf tournament to do it. Back starts is nearly impossible so it just doesn't happen in general. It's not because he was playing so well we can't do it again. And then for brooks i mean. He's he's smack dab in the middle of zander schoff. Liam and patrick can't lay who are just two guys that have become you know. Dfs darlings and they're both in the nine thousand dollar range normal. You'd have to pay much more for them. And he's kind of the middleman there so that's why. I think that he comes in a bit overlooked. And don't you know brooks just loves being the overlooked offer. Yeah he does embraces that role rick game and is with us. Rick run good dot com the website. So we like jon rahm and we like a bryson bracelet on the betting card. How we make our way down rick and if the top of the field is his stacked as it is like this week at the genesis invitational. I have to imagine. You're licking your chops at some of the guys further down some value plays in some guys you think that could help us differentiate our line of a bit and get an edge on the field. Yes so there's you know when we get fields this this strong. Usually a top tier player wins that event so we have to calibrate our expectations. And okay some of these guys. Further down the board. What are we asking them to do. Maybe finish top ten. Maybe finish top twenty depending on what their pricing is. And i'm going pretty far down. You know i'm i'm fairly comfortable with someone like taylor gucci. Seventy two hundred dollars on draft kings. He has played at riviera twice. He has gone twentieth in two thousand eighteen and tenth. In twenty twenty. That was last year. He gained strokes and all four major categories. Which is always a good thing for me because it means you have a solid floor. You're not reliant on just one aspect of your game and he had a top five earlier this year at the c. j. cup that is another event that has an absolutely stacked field. So that's an. Chris checks off all three boxes. I'm very comfortable to roll out taylor. And then even further down. And i'm going pretty far down here doc. Redman is hanging at sixty six hundred dollars. Let's be real. It has been a terrible start to twenty twenty one for doc. He will tell you that himself. He had his eyes on on on on on coming out of the gates. Hot getting himself into some wgc's solidifying his spots and some of these bigger events and it hasn't happened and it's all been the putter. He has been historically bad with the potter. Which is something that you can usually turn around. And here's a little bit less time doc. Redmond played riviera. He was winning the us amateur there. I think it was four years ago. He him in doug. Jim went one two. So he's got plenty of good vibes at the riv- you know as you were saying that rick i. I was thinking about filling out. Dfs lineups and whether it's golf for any sport you know you pick the big guys and especially if you're a casual player you pick some big names and your often laughed with sixty three hundred bucks. Sixty two hundred bucks sixty five hundred bucks and you just kind of pick and you just kind of hick a guy. Maybe whose name you know. Maybe you pick a guy who Some of the numbers that day show you and we won't get started on that on whatever platform you're using displays for someone who like you said it can be a little overwhelming to look at all the names If you're just gonna give them one or two bits of advice like the couplet things you should think of to try to make the most out of that bottom roster spot even if the person essentially no shot of winning the tournament how can you optimize that spot to score points to try to make the cut to try to add value to your lineup regardless of your skill level. Yeah so You know find. Something is what i would tell you. Do instead of the the full dart throw. Yeah find something they do. Well find whether it is. They're playing better than their peers. Coming in maybe. They have a bit of course history. I am a bit partial to recent form. It doesn't i the numbers dictate that usually if you're playing well and you go to a place that you necessarily haven't played well in the past. You can kind of overcome that a little bit as opposed to the opposite. Which is you've played well here at this course. But you're playing really bad right now. It's hard to flip that switch. But i will say this for this week. Riviera is pretty consistent. Steady course the the course results year-over-year. It's why we've seen bubba watson three times. That's why we've seen. I'm scott win twice. They're pretty consistent year-over-year so if you are stuck down here and you're staring at like a patrick rogers who has missed four cuts in a row. But he's played here four times and he's and he's finished between fifteenth and thirtieth at each of those four times. That would be the one thing that i could hang my hat on to say okay. Maybe it's patrick rogers to fill out my spot doc. Redman for instance as never been the greatest around the green player or potter. But he's like historically bad this year of course of his pga tour career and you would just have to imagine that he's not going to be outside the top. Two hundred in strokes gained in both those categories and he's played. You know four or five tournaments already like you have to imagine. That's maybe something you could hang your hat on. That's gonna regress a little bit to the back towards the mean at some point right. Yeah most guys especially in putting the they get back to their baseline and we have enough rounds on dr. no he's not using captured thirtieth. Best putter you right. Yeah we're like slightly below. And if like he has a good week that's gains a little bit but yeah exactly right. Long-term we would expect him to get back to his average and if that if he does that it's like a shot and a half around with how bad his body right now. So rick finally let me ask you about One and done because last week we talked about having a not so loaded field to choose from this week. We've got the opposite. Does the strategy change at all. Do you may be lean towards one of the big boys because you think there will be A greater distribution greater scatter plot in terms of picks. Or you know. Does your approach change given the field this week is genesis so generally speaking a lot of the win equity is at the top of this board. When you you know this is it. Four guaranteed rounds. But it's a smaller field a lot. More of the guys make the cut. It's very deep. So you usually get a star who wins an event like this. So i think the top twelve ish guys. That's that's where you wanna live from. I'm actually starting to think like rory mcilroy kind of interesting. I think we're at the point. Now where the tour is so deep. You don't have to play a major championship. You can play dustin johnson justin thomas bryson zander lay rob. I mean there's just so many. I've run out of majors already. I don't need to play. Rory mcilroy two major while everyone else. Place him at a major. This is still an event that gets one point. Six million dollars to i. It's a it's a smaller field. He's had good success here in the past hasn't won it yet. So that's that's what i'm trying to do. Chris is be a little bit different than everybody. Else deploy my studs at the really big prize pool events and take my chances rick game. Go to rick run. Good dot com love the showdown tool over the course of tournament where you can look at the strokes gained data and hey we'll have shot link on the one course for all four rounds this weekend that will be an absolute treat and again a check rick out at the cbs. I cut podcast. You can follow him on twitter as well. Rick run good. We gave away A handful of monthlong subscriptions last week so keep following along on twitter and you can join the fun if you haven't already at rick run. Good dot com. Appreciate it man. Enjoy a loaded loaded field and hopefully no floor putts for any of us is weaker figgers. Cross thanks chris.

Danny mac rick golf Rick dustin johnson pga pebble beach Rahm bryson Dfs rick run rick gaiman Woodford drew silva Jim hayes chris Danny amac martin kilcoyne jon rahm jon
Can You Afford That? With Suze Orman

The Oprah Winfrey Show: The Podcast

32:46 min | 1 year ago

Can You Afford That? With Suze Orman

"Twenty Five seasons four thousand five hundred sixty one episodes. I believe the Oprah Winfrey show was one of the greatest classrooms in the world Rolling never thought of it that way. The AHA moments the breakthroughs. The connections the occasional ugly cry so terribly every single minute L. O. Ell's the moments that matter. I opening light lessons. Never allow them to take you somewhere else. I'm bringing them back. It's time to open the ball. I personally chosen these classic episodes to share with you again. Every single person you ever will need shares that common desire. They want to know. Do you see me. Do you hear me. That's what I say mean anything to you. You'RE LISTENING TO THE OPRAH. Winfrey show the PODCAST. Suzie Ormond is back. She brought along her life calculator. Yes and she's crunching the numbers and handing down the verdict. But I remember when Suzy was here with the mother of all wakeup calls. Remember this a lot of you have built your personal financial foundation on deceit and lies. You bought homes. You can't afford you. Put things on your credit cards. You couldn't afford. You took the equity out of your homes to buy other things you can't afford will. A few of our homes are now joining. Us Kerry and her fiance bill from their living room in Baltimore. Hey crabcakes best place on earth lived there for eight years way on the other side of the country. Michelle from her. Home Office in Phoenix. Hello Deah both carry and bill. You made a big decision after watching that show with suzy. Yes Oprah. We decided after the last show that we were not gonNA take a honeymoon after the wedding. Our friends and family tell us that we're crazy in. We deserve to have this trip and we have to go somewhere wonderful but we just decided that the six thousand dollars we would spend in seven days with would better serve us. Being left in. The Bank is Armored Z. Cashflow good for you. That's a good start. That's a great start here. We have a couple. That's getting married and they're doing it the right way with doing what matters versus doing something they can't afford. I love that love that. Good job guys okay. Michelle changes after seeing that show. Also I heard yes. I need some changes. I went in and cut up all of the six or seven credit cards that were in my wallet. And then I went in and erased all of that Saved credit card information from all of my favorite online shopping websites and we made a plan to be able to get out of credit card debt. Completely because what Susie said is really hit home for me. Which is we're living ally as long as we're using these cards to buy things we can't afford. It stopped that day. It stopped that day. You took a look at your life. Yeah and I bet when you start doing that that other things become clearer to ask. When you're honest it's very powerful and then things are drawn to the greatest thing for you. Do you have children yes. I have two young children and I WANNA teach them to respect. Money can go kids. Don't listen to what you say they do what you do. And if you're an honest person and are proud of who you are versus what you have. Your children will end up the same way so this isn't just for you. This is for your kids as well. Good on your girlfriend. Good Anya good on your carrying bill. What part of Baltimore do you live in? We're just outside the city right on a creek off the day off the bay. What's your favorite crab cake place? You go to Oh gosh genome or flavors Izzo. Brekke still there. I'll take you to eat anymore. Thanks guys thank you. Thank you off. Okay so we're GONNA get down to business on what you can afford and start thinking about what really works doesn't work in your life. I keep saying this Susie said it for years on this show. We are in the middle of a wakeup call. And if we only look at this From a financial point of view and not from a spiritual point of view is how I choose to look at everything in life. Everything has a deeper spiritual meaning. This is a wake up call. It's a wakeup call to get us to go back to evaluate who we are not just what we have. Susie says making mistakes about major money. Decisions is what can hurt you. The most when the economy takes a turn so megan. You're going to join US making good so grateful for the San Fraternity. Okay so what did you hear me up? What are you going to ask you? Well what I'd like to ask is. I have a beautiful twenty month old daughter and we have a second baby on the way. My husband works fulltime. I work four days a week as a speech therapist in an at risk preschool program. I love my job. But my concern is that Going forward the cost of childcare for two children may be you know almost as much as what my salary is and you know. I. I'm wondering if I can afford to make. The switch from career woman to fulltime mom and still for that question is can Meghan Afar to be a stay at home. Mom Meghan show me the money. Well our monthly income after taxes is roughly nine thousand dollars. We have monthly expenses including child care of about sixty five hundred dollars and we have an emergency fund right now of six thousand dollars which means in a savings account. So you're doing great. Currently you're able to save supposedly twenty four hundred dollars a month all right. But that's if you're both working what happens if you now stay at home. What happens? Well we lose my salary which is almost three thousand dollars chunk of that all right so now. Your monthly income will be sixty six hundred dollars. Approximately him on your expenses are about fifty seven hundred dollars a month. You still have your six thousand dollars savings and now we have an excess of about eight hundred eighty three dollars a month. What do you think what do you think I'm going to say? What do you think you know so six says no what do I think? Oh you are so denied are not I? I thought no let me tell you why with love. I will all right problem. Is this the expenses that you had said we're going to have about six thousand? A month did not include your new expenses for the baby. It didn't include diapers. Y'All formula also. Did you notice everybody that it was only six thousand dollars savings account. Her monthly expenses are approximately six thousand dollars. What is the rule of thumb that I want for all of you? Eight months have an emergency fund. That's what I thought. So she had forty eight thousand dollars there and we were okay. There and I knew she was being honest with her expenses. Okay but here's what I want you to do. I want you play Mama. I want you to play Mama before you have a baby. I want you to start banking right now. Your income hand. She make it right now just on her husband's income alone and see what happens. Do Your expenses decrease because you don't have as much money to spend and by the time the baby comes though know for sure if she can afford it or not. If she can't afford it she'll stay working is she. Can Guess what you're to have a number of months saved up that ad to your cushion and then maybe you'll decide to do that. You know that's the reason why I said no because if I thought if you had more money in savings I didn't know what the numbers should be but I thought if you had more money in savings because if something happens and you need to go to that savings that six thousand dollars will be gone right now. We do pay ourselves first. Every month we have over six figures in retirement right now. But we're not touching that please everybody when you're figuring out if you can afford something or not don't look at what account because no you're not retiring that's for retirement this is can you afford to J. Today. What you want and can you? I'm so sorry because there's nothing that I love more honest to God when a parent gets to stay at home with their child. I think that is absolutely. I wish that were the goal forever. You can do it if they put more money and save eight. You put more money in savings. You can cut down right now. You have like six to eight months for you and you figured it accurately Not The way it is today your deny as they've been cutting today we have time for your this out play. Stay at home mom. And you'll know how much is a rule of thumb. Should you have in your savings account? I WANNA see eight months now in today's economy. If you lose your job it's going to take you eight months to a year to get another one. The reason all these people are in trouble with their homes and they're losing it. They lost their job. They can't they can't pay their mortgage payment. They don't have any money. I don't WanNa see that happened to you. Just have to say this one other thing when you hold your baby to your chest. Do you think that your baby can't feel your heartbeat? Of course he or she can and if your heart is beating with anxiety because you don't have the money to pay the bill. Don't think your baby can't feel that. Of course they can. I want your baby to feel the heartbeat of joy. Not The heartbeat of worry anxiety. Thanks Megan thank you. Really Greg. Lois road to US ages for a money intervention on her daughter. Hannah in college was definitely easy to take out student loans. I didn't really have too much worry about the amounts that I was taking out when I graduated college. They told me the total of sixty three thousand dollars. You know I went to a private school. I graduated with a degree. I'm going to have this great job. I just didn't imagine my life Post College running at MOCA. Working part time at at starbucks. I need a second job because my student loans rent a car payment. It's all too much my fulltime job. Just doesn't cover the cost of my living expenses. This is almost two hundred dollars a month. I spend putting gas fuel in my car. And that's two hundred dollars a month. I could be spending paying off one of my student loans. Seven hundred dollars a month just in car expenses which saying that number out loud even Me Feel sick every day every night. I think about my student loan debt. This is my room. The bed was actually Probably my biggest expensive all fourteen hundred dollar expense. I have a snowboard that I also recently purchased to learn this year. The ipod bought for three hundred dollars. I do feel like sometimes live ally because my friends will call me and say. Let's go get him in Karen pedicure or let's go to dinner and I know the bank account says you can't afford to do it. My friends would never hear that. Come FROM MY MOUTH. I know I need to cut back. It's just tough when all of your friends are living this life. My mom helps me all the time. She does pay one of my student loans. She said when she's done paying now an offshoot take on another one and I don't want her to have to keep bailing out okay. We're going to break down. His expenses are monthly expenses. Were approximately thirty two hundred dollars a month. She was only making with her two jobs. Two Thousand and ten dollars per month at the car expense had it didn't include insurance and maintenance and a few other things in there so her actual car expense alone was eight hundred ten dollars. Which if you look at her income that's forty percent of her income. Went just to pay for her car. So the monthly deficit here now was about twelve hundred dollars a month. Now this is what's interesting because this is this is why we are in the state that we're in this country crack house of you know millions and millions and millions of Hannah's right. Yes and and we're not saying this is your but I'm saying everybody WHO's nodding their head here and says well. I wonder how much my deficit every month is or hadn't even look because most people as we've seen with many shows with you in the past they don't look because they don't really want to know and as long as Hannah could actually charge on a credit card. Pay The minimum. Every month. She could afford to continue to live the lifestyle that she was living because she could so. Suzie met with Hannah and her mom. Lois before I can solve you financially. We have to find out. Why did you make the wrong choices to begin with? I don't know you are not allowed again for the rest of your life but definitely in my presence to use the words. I don't know you absolutely no. You absolutely know why you choose to get manicures all the time why you choose to buy a snowboard when you are behind payments on your student loan. Don't you dare say again. Please start over now. I spend the money on things. I know I shouldn't spend because I think I'm young and still have time to fix it so I know that I'm getting further in but I think it's okay because I can fix it what I want to. You are lying to yourself. You are lying so that you can make a justification as to why you bought a fourteen hundred dollar bed why you drive a car. I have gone through every single penny that you spend. These are the most horrible fico scores. I have ever seen every time you decide to pay your rent versus your student. Loan a bed versus your student. Loan eating out versus your student. Loan what you are doing to yourself is really committing financial suicide. What has prevented you from getting a job in the area that you got your degree in have no interest in it. I don't care not an acceptable. Answer Hannah do you have interest at working at starbucks for the rest of your life? No you don't have interest here. You don't have interest here. Why are you choosy to go here? Rather than here. Why because of delays you to look for a new job Bingo. Thank you for being honest and good. Feel good wow so what's happened. Since obviously that was extremely difficult to talk about and have on national television. I had to go home to my roommates and my friends and tell them what a financial disaster I really was. She had set the record straight. That was a lot so when I was honest about what kind of trouble. I was in financially. I made the decision to get my car out of Boston. I want to sell it but I knew that keeping it in Boston while I tried to sell it was expenses that I really couldn't afford so the cars now in Florida saves about. I've cut about seven hundred dollars off my monthly expenses in just three weeks. So pretty excited about that. I no longer get manicures. Pedicures I'm doing the myself. My friend cuts my hair for free. It's an an expense. I no longer have. I Walk to work. Bring my lunch and definitely not ordering in not going out. I didn't celebrate my twenty fifth which called my mom and tears because it's a day that I had looked forward to and wasn't able to go out eight stop. She celebrated her twenty fifth birthday but not by eating out and going further in debt. How did you celebrate your twenty fifth birthday? I'm starting my twenty fifth year off in a good place. I'm moving forward and getting myself came over and cooked for you. They did. I was just listening to this and I hope everybody else is listening habit listening with us since of discernment even before. I knew that suzy had that talk with you. Which was a real smackdown. You handle that. We did great though. We're now getting it out but I thought what was so interesting. You are crying because you can't get a pedicure. You're crying you're saying I can't. I can't get a pedicure and it's so hard it's so hard I feel. I feel liberated now that I don't have my car. I'm not worried about getting parking tickets because I have to move my car every two hours you know. I'm walking everywhere. I noticed my surroundings a lot more. I'm just a big weight that's been lifted off. And it's just from you know getting my car out doing my own manicures. Pedicures thought was interesting in not not to pick on you just our example for everybody else to help us ourselves more clearly is you're you're you're bemoaning the fact that you can't keep up with the Joneses right. You're not even talking about anything of real value. You're saying I can't be around my friends. Who because they're doing this and then they'll think that I'm not? It's all about status and that which it wasn't real to begin with. Yeah the pretend that so now. The question that Hannah has his can afford to stay in Boston. She has cut her expenses down dramatically. Now she's really only about three hundred dollars a month in deficit versus what we saw before her income is still two thousand and ten dollars a month. Her expenses are still about twenty-three hundred. She doesn't have a car payment anymore. We're three hundred dollars a month in deficit however Boston is the number one place according to Forbes to live for utilities for oil the most expensive place. So you everything's GonNa go up that way for you. So the question is with a three hundred dollar a month deficit. Everybody can Hannah afford to stay in Boston or does Hannah have to leave Boston and move home with her mother in Florida? They're great friends their best friends. Mama wants it. What is that what Hannah needs to do? Now you are all going to be shocked and I'll tell you why I've approved you to stay in Boston and let me tell you. Why twenty five year old has made some of the hardest decisions in her life. She has chosen honesty over deceit. She has chose to do things now. Out of integrity versus impressing everybody and irresponsibility to herself. You need to be rewarded for that. Now we have you on in my opinion. A three month probationary period. You have kept your word to me more. Importantly you kept it to yourself. You need to make more money. You need to look for a job there. You have three months if you can pull it together and I know you can stay if you can't Mama move on over surprise right shocked shocked so am I because I was out of there man I. It's not just based sometimes on money. Look how great she's done and when you see somebody pulling themselves up. That's not when you get a smackdown from susie. That's one like you are going for it. You are going forward and I have to let her try to go for it and I think you're going to do and so what you're saying. Go for it but give yourself a time limit. We've got three months months. Thank you Hannah. Thank you thank you. Joanna is a second grade teacher. She is single in her thirties and she is not waiting around for Mr Right to buy her. First House. Good for you. That's what the movement was all about joins us from our home audience. John what you WANNA buy High Oprah. I'm actually interested in buying my first house It's always been my dream to have a family and so I'm looking to buy a home so that I can adopt a child or two and I just WanNa know if I can afford a home right now. Okay good I say. Here's the question Joanna. Show me the money okay. Well I have a monthly income of about two thousand nine hundred dollars. My monthly expenses come to about eighteen hundred dollars. I had eight thousand five hundred dollars saved which doesn't include retirement or money to get me through the summer when I don't have an income and Right now my utilities and rent come to nine hundred fifty dollars so can I afford to buy a home so you want to buy a home for approximately one hundred fifty thousand dollars. Is that correct? Yeah I so the question then becomes everybody before I render my judgment. Which is we have a monthly excess. That's pretty good of a thousand dollars a month here. She has a great little emergency fund. Find she wants to buy one hundred fifty thousand dollar home which means mortgage payment and everything will be about twelve hundred dollars a month when it said and done K. Putting down how much putting down Oprah wants to know how much are you putting down Actually I ran some numbers and the with the New Jersey Grant I would need to put down about five thousand dollars our to get that money from that would be from the Emergency Fund. Good question good question of are you going to put down five thousands of then you're only going to have thirty five hundred in your emergency fund. Next question should be. What are you going to use for closing costs to move? You are denied and the reason is this. You can't use your emergency fund to put down as a down payment on a home because if anything goes wrong you have a refrigerator that breaks your heating breaks you get flooded. Whatever it is you have no money to get you by. So the rule of thumb is this. You need at least an eight month. Emergency Fund besides your down payment so that if something goes wrong you have a place to go and continue to make the mortgage payments so that you don't lose everything that you have so I'm sorry to say you're not quite ready to do it. However here's the good news. Real estate prices in my opinion aren't going anywhere right now. Now they're gonNA stay right about sorry real estate but they're gonNA stay approximately where they are. Just keep saving. Just keep doing exactly what you're doing and then when you're ready you'll buy a home that you really can afford an enjoy because I got news for you. If you buy a home that you can't afford it's going to be anything but enjoyable. Trust me on that one is time for other people who do have the savings account and they do have a little extra cash is this. Is this a buyer's market now? I will forever believe that buying a home. You can call your own an any market if you can afford. It is a great investment. Because why you can't live in a stock certificate right. Joanna bring you some relief so you need to do a little more work building up that savings account. So you're not barring the money for the savings account for your down payment. That's that's what Suzy's saying and I agree with that. Okay so the interesting thing about Joanna is that she'd already been approved. Although suzy denied her. She's been approved for one hundred fifty thousand dollar mortgage correct. Joanna that's correct so the banks say she can afford one hundred fifty thousand dollar mortgage. The truth of the matter is the lending institution should have denied you because you didn't have the money. Shame on them. Shame on them. But good for you girlfriend that you're not gonNA get yourself in trouble antastic. Thank you Joanna. Millions of people are stressed watching their retirement savings disappear into thin air. I want you to meet a woman who says she's tried to do everything right. So you're questioning Suzie as well Suzie. I'm fifty years old. I absolutely love my job but I'd like to know if I'm able to retire. I really WANNA retire. Fifty six fifty six. Oh Kansas years so currently my income is a little over ninety one hundred dollars. My expenses are a little over eighty one hundred dollars and I've got retirement savings of three hundred and ninety three thousand dollars so the question is thousand dollar month. Excess approximately can shave Ford it and you say and I say before we go there. Just tell me what will be your income and your expenses after retirement whereabout even are we not well. I know that I'm going to have to reduce my expenses so I expect my retirement income to be somewhere around sixty five hundred. Yes and my expenses in retirement to be sixty three hundred a month so she's still got an excess so we're looking good aren't we? We're looking good. You are deny. Let me tell you why you know we do a lot of research and all these people that you're not really seeing so I just don't pull this my hat what you're also not seeing that you have sixty two hundred dollars of credit card debt. At fourteen percent interest rate fourteen point two percent be exact. Sixty two hundred two hundred dollars. We have fifty thousand dollars in a savings account but that is not my eight months now. Here is the reason why. What was the three hundred ninety? Three thousand dollars a retirement account that she can't touch okay because she wants to retire at fifty six so she still giving the stock market today. Maybe it's ninety three thousand dollars but anything can happen at any time. But here's the real reason you're denied. Outta love ready for this. I'm ready women will spend more years. You will spend more years in retirement than you did working for IBM so you will have worked for. Ibm for thirty years. At the age of fifty six from fifty six. You'll have another thirty to thirty five forty years of life. She will spend more years. She retires at fifty-six in retirement than she did working. What you did not factor in. Was inflation as you get older. You take more medication. You need more help. Things become more expensive things. Go wrong and in today's economy when you're counting on pensions and things from corporations. We don't know when they'll have to cut that back when they will all of a sudden stop it. They won't pay for your health benefits so I don't have enough cushion there for you to be able to retire at the age of fifty six but the good news. Is You love your job. Trust me when you get to be fifty fifty-seven you ain't got to want to retire. But the other thing is in this goes back to the other guests to you to everybody you live in an exorbitant lifestyle. You real two hundred dollars a month manicures. You have nine thousand dollars a month of expenses. I was looking through every one of your expenses going is. She really wanted to retire. She would not do that. And you wouldn't have six thousand dollars. Credit card debt meant. You should have seen before I cut back. I know I'm thinking is sixty two hundred dollars a credit card debt a lot. That's not alive. It's but I'll tell you the problem. It's not a lot but that means that you don't really have emergency saving so don't really have everything you need. We're living in deficit. Used to hearing these big numbers like making this kind of money. Yeah you shouldn't have any credit card debt whatsoever. Okay thank you Marilyn retiring at sixty four more years four more years. Marla joins us from our home audience from our Living Room in Boston. Hi Friend Susie I Emma Lebron delivery nurse and I work really long nights and I have to come home in the middle of the night and since I live in Boston. There's a lot of snow so I'm wondering if I can afford an SUV to get me home. Late nights in the snow will SUV in this. Now show me the money girlfriend. I take home about thirty four hundred dollars a month. My monthly income. My monthly expenses are twenty five hundred which includes my three hundred sixteen dollar car payment and I have about eight hundred dollars. On zero percent. Credit Card and savings is about twelve hundred dollars. Yes yes so. The question is do you think. Currently she has a three hundred sixteen dollar a month car payment. That's because she'd laces the car that lease is up next March. I believe so Kanshi afford to buy an SUV. You think with heated seats. Now you've been approved. What what let me tell you why. Her she'd leases a car. Her car has to be returned in when in the next few months. She is out on the roads herself at night as a nurse delivering its. She's afraid she's a woman alone and she has snow sometimes people before money. Remember people first then money then things. She needs a new car anyway when she gets rid of police car if you can find an SUV that you can spend three hundred dollars a month on just like you are now than you. I think that's exactly what you should do. Because you're Chicago since wow I mean. I'm thinking should go to do that. I'll tell you where she's GonNa do that. The Oprah producers actually found for you some. Suv's in her area that are approximately ten thousand dollars. If she and she they must be used of course there you go right right of course but then that meets her needs and the truth of the matter is if you decide. You don't want to do that and you just want to keep the car that you do. Have you can negotiate big time with them right now when you turn it back in. But here's the rule of thumb. Everybody if you're going to finance a car do not finance a car for more than three years. If you can't afford the monthly payments on a three year loan you cannot afford it. Start working overtime now over time. Now Save money so you have a little money you can put down. Get yourself out of credit card debt and when the time comes girlfriend you're going to be driving down those streets in the middle of the night with heated with a heated little push and your leather heated seats. And you're going to feel safe in a used. Suv Thank you. This has been great fun. Wasn't this interesting only two out of three times one out of three. That's but it gets US thinking about what you can or cannot afford. Yeah and just no. If you can't afford it just don't buy it. Isn't that simple? You bet it is by everybody. I'm Oprah Winfrey and you've been listening to the Oprah Winfrey. Show the podcast if you haven't yet go to apple podcasts. And subscribe rate and review. This podcast. Join me next week. For another Oprah show the podcast. I thank you for listening.

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Feeling Trapped by Student Loan Debt? There's Hope! (Hour 3)

The Dave Ramsey Show

40:07 min | 2 years ago

Feeling Trapped by Student Loan Debt? There's Hope! (Hour 3)

"From the headquarters of Ramsey solutions. Broadcasting from the dollar car rental studios. It's Dave Ramsey show. That is dumb cash is king and the paid off home mortgage as taken the place of the w as the status symbol of choice. I'm Dave Ramsey your host. Thank you for joining us, America. We're glad you are here. Open phones at triple eight eight to five five two two five. That's triple eight eight to five five two two five. Walter is with us in Atlanta. Welcome to the Dave Ramsey show. Walter. Hey, thanks that they can call Sherm. What's up? All right, basically. The best way to handle situation, which is newly Mary and my father passed away last year. I never been really into credit card debt. So I had that but with their money, I did have my car and my house. So I took the money paid off the car pay off the house like Mary's. I'm actually living with my wife in her house now renting out my house in a hundred thousand dollars less. She has a lot of student loan debt, and she's not interested in trying to really take care of it. So I'm trying to think of what should I do with the extra money that I have left how much alone the she have two hundred thousand good Lord. She a doctor or a lawyer. No, see when we said on winter or finances, and basically she to the furnace awhile. And did the minimum payment did not was paying less than her degree in communications? A master's. Yes. And communications how long ago did she graduate? Two thousand thirteen five years ago six years ago. So this was probably one hundred fifty thousand when she got out. What's what he five something like that? Yeah. She has no intention of addressing the student loan. I'm curious. Plan. Planning to die with it. It almost that way. She said, basically, he'll do the payments and pay it off in twenty years or this. She's hoping to get a job that's going to do some type of student of giving some magical way it's going to take care of south. How old are you too? I'm forty forty one. Okay. Well, there there's two problems on the table from the information. You've given me. Okay. One is that and one is that you guys are not working together or not an agreement on finances because one of the top things as we study wealthy people people who win at money. Okay. One of the top things we find in the data points is that the husband and wife around the same page in. They're in agreement. You all are not. And so that that's strike one for you're going to be able to become wealthy strike too. Is when we did this millionaire study that we just finished. That's in. Chris Hogan's book, here's an interesting statistic. When we ask the question of the general public, do you think your destiny financially is in your control sixty two percent said yes, when we asked millionaires if they think their destinies in their control and. By the way, ninety percent of them did not inherit any money or enough to become a millionaire so nine out of ten of them were first generation rich when we asked them is your destiny and control as opposed to sixty two percent of the public said. Yes. Ninety seven percent of the millionaire said yes, now, what that indicates Walter is hope that says back there when they were broke that they believed that if they planted corn. They would grow corn. Yes. God has to bring the rain. Yes, got has to bring the sun. But they believed that that they had if they control the controllables that they could get out what I'm hearing behind your wife's statements is a very sad loss of hope. She feels overwhelmed and doesn't believe she can ever get out. That is a second data point in our conversation. That says you all are not going to be able to build wealth. We have to fix those two things for you guys. Walter, we have to help her have some hope and you to have to get on the same page or you're not going to win with money. You would be he would be unicorn if you did you'd be highly unusual now, what is your household income, sir? Ones ferry. That's excellent. And the property that you paid off. What is it worth? It's worth to twenty two. Excellent. I'm kind if I could get the two of you on the same page. What I would do would be set about throw the hundred at her student loans and set about a two year plan on paying off the rest of them on beans and rice, rice and beans and be debt free in two years, or I would sell your property and be debt free in twenty minutes of her student loans one of the two, but I would not keep those student loans around like they're freaking pet. It's just it's it's spiritually emotionally disastrous. Not to mention financially a mathematically because they indicate to her that she feels trapped in the only way she's going to get out his dumb luck. And that tells me how hopeless she is. And makes me feel sad for her art because she's kinda got an attitude about it. She kind of blowing it off. But below that attitude is this is this deep sense of feeling trapped. Insure a lot. So I'm sure I'm sure and the good news is she's got you too. You can do this together. And you're not overwhelmed. You could sell a rental property and be gone tomorrow. But I wouldn't do that unless we can agree to be on the same page, and unless we can as a result of that causes to hold our Chen up and be very hopeful about our future. But right now, she's stuck in victim land, and we have to get her out of that land. So I wouldn't I wouldn't make any major moves today until we can solve her hopeless issue. And until we can solve getting on the same page issue as soon as we can solve that. I would either use one hundred thousand and your income on type budget to become debt free or I would sell the rental property and become debt free instantaneously one of the two. But I tell you something here's what I'm gonna do. I want to try to help with this because I just my heart hurts for her broken heart. She stuck and if I give you financial peace university are non week class for free. Can you get her to attend with you? Do my best. And she's not only, but I would definitely like I can get it. So just as a favor as a favor to you. It's completely free. I'm not making anything I'm losing money on this. Okay. But here's here's the thing. Do not go Walter without her. Because it's going to drive a wedge in your marriage because you're going to get more and more and more excited about being debt free and building wealth and less and less and less hopeless. Meanwhile, she's going to be on the other side, and it's going to drive a wedge between you, and I don't wanna drive away between I wanna help you guys pull together and pull her up out of this mud that she's in. So hang on. I'm gonna give it to you. But please don't go to that class without her because it'll it'll make it worse. It's gonna make your young marriage, young tender marriage worse. I don't wanna do that. I would rather you just find some other way to get on the same page, but that's what's going on here. Hang on Kelly will pick up, and we'll get you signed up for financial peace university is my guest that includes the one year membership to financial peace, which is the whole thing online as well. Plus, everydollar pluses included whole thing hundreds hundreds of dollars. This is the Dave Ramsey show. Eight like you're in a five star restaurant at home and save money. When you sign up for butcher box butcher box delivers healthy one hundred percent grass. Fed beef free range, organic chicken and heritage bread pork directly to your door for only twenty nine dollars a month. That's less than six dollars a meal, and shipping is free. Plus new members get twenty dollars off and the ultimate breakfast bundle free in their first box. I'm talking to packages of bacon and two pounds of breakfast sausages for free get this deal. Now at butcher box dot com slash Ramsey. Kenneka is with us in Appleton, Wisconsin hygienic, how are you? Are you better than I deserve? What's up? Okay. Well, thanks for taking my call. It's great to actually talk to you. I am in baby step negative zero. I am a big hole of debt from some situations that have happened the last couple years, currently, I quit my full time job and got two part time job because I couldn't afford the daycare for my son. I don't know that was right move. But it's where I'm at right now, I'm bringing in about twenty two hundred month, and I'm getting a refund back for my taxes. And I'm wondering what to do with it. Exactly. I'm getting about sixty six hundred dollars. And I'm wondering whether to pay off my debts or to pay a head on my rent. 'cause right now, I barely make it month to month. How old? Twenty four twenty four and you have one shot two and a half year old. Yes. Much child support you receive to fifty. Right. Oh, come so low. No idea. That's the thing. All right. My about ninety percent of the time. So I don't really, you know, don't really get a break to work much more than I already do which, you know, I've tried the whole you say, you know, get your income bigger. But I just don't really have that option anymore family. They're all in Lhasa, which is about two hours from my home. Or are you where you are? I initially moved here for the job that I just quit. But then the housing and daycare kind of bit me and the butts without expensive. It was versus what I was making. I was making about thirty four thousand a year, but paying what were you doing before I was receptionist? That'd be a clinic. Yeah. And you move to Appleton to take that job kind of kind of not wasa didn't really have anything for jobs or for anything. Really? So I moved here for that reason into closer to my son's, dad. And I do have a sibling that lives closer to me here. But yeah, that's the only family that's close by relationship with your parents great. But I'm actually in ten thousand dollars of debt to them because they have helped me too much, and I told him no longer can how because I cannot afford to pay the max. Okay. So. What we've got to do is to fix your income short-term and long-term, obviously, the part time job of some kind. You're doing to now, but your income still sucks. So we've got to do something to get your income up. Short term doing anything, that's legal and moral than long-term. We've got to have a career path which you haven't mentioned one. Right. Well, and my biggest thing where I was at the kind of where I wanted to be long term, I like the the receptionist type role, and I was making good money there. But the biggest reason I quit there and got my two part time jobs is because at my two part time jobs, I bring my son with so that eliminates my daycare completely which was eight twenty month. Yeah. Right. Logical on the short term. It doesn't get you to your long term goals but line term your goal should be more than receptionist at the VA. I'm talking about when you're thirty six years old well years from now, what are you going to be doing with your life that makes you ninety thousand dollars a year? Honestly, I have no idea. That's what we need to work on. That's what we need to be thinking about and working through that process. And then take some steps that help you get there. You can tolerate a lot of pain and inconvenience on the short term if it's good for you and your son on the long-term agreed, right? And so if you made a little less or were inconvenienced a lot more or both. Or made more and more inconvenienced a lot more, and you clean up your debts, and you start to build some a little bit of a savings account where you can actually go to school and be a dot dot dot, whatever it is you want to be and I wanna go into this field. I wanna be. Go into that field where I can make some serious change and have high quality life going forward for me and my child, but the problem is if you aim at nothing you're gonna hit it every time nothing. And so we have to have a better plan for your life going forward that has more vision to it. Then you've got right now, the reason I was asking about home, and your parents was on the short term like for a year, if you could work a hundred hours a week doing something and your mom watched your son for free. You could clean up a lot. But you'd be working all the time. But I'm talking about for one year. You can do anything for one year if you're going somewhere with it. But that would be to get mom and dad paid off to get the any other debts paid off and put some money in the Bank. So you can go take a class on whatever it is. You wanna be when you're thirty six. Okay. But I think you've got a little bit of dreaming to do you've been just desperate about eating. Right. And I wanna get your I wanna get your eyes off a Friday onto Friday when you're thirty six and start to go. Okay. What are the what what's that going to look like, let's get that dream down out of the clouds, and let's get it into HD. So we can see all the clarity of it. And then let's think about what if that's my desired future. If it's where I'm going. Then I have to ask myself. What has to be true? Okay. I wanna be I wanna be an R N. Okay. The nursing schools in your future, are I I wanna be a welder. Okay. Then you've gotta go. Get a certification. From the tech college on that. Or I wanna be a ruby on rails developer, then good you need to get around some guys and gals that do coding, and, you know, learn learn the computer world, or I don't care what you wanted to as long as you go about doing it. But what you're doing right now, you don't won't be doing when you're thirty six or we in agreement on that. Yes. All right. So step back step or two. And then that will tell you a little better what to do with this six thousand six hundred dollars. No, I would not pre prepay your rent. I would put it aside as an emergency fund. And or to pay for the clash you're going, go, take or classes, you're going to go take or to pay for your move back home. So mom can watch your baby for a little while if mom's willing to do that for a short period of time, and this is not mom, I want you to raise the child for me for the next ten years. This is for one year because I'm gonna go wide open during that year. And here's what I'm gonna -ccomplish this this this and this, and I think I can make this kind of money, and I'll have to drive away because there might not be enough jobs right here close, but whatever and you start laying out a plan that doesn't include partying, and it doesn't include worrying about your the husband's your child's father's convenience because all he's putting in the pots to and fifty dollars. So whatever convenience he needs to have to see his son or child needs to be his little butts in his little car driving up to see them because you gotta go make a life for yourself. You're stuck right now, you're poverty looking for a place to happen. If you don't change this direction. And that's what I want you to look at how I want you to think through this. You can do this will help you. I'll walk you through the process. I'm going to send you a copy of Chris Christie rights book business boutique, is it might be a small business idea. Bumping around in your head that you wanna go try. I don't care what it is. I just want you to dream again. I want you to dream past survival past Friday. And then you start taking steps to get there. It's worth sacrificing to build a better life for yourself and your child, and but you gotta have you gotta have a path. You gotta have a map a step by step game plan on what it's gonna take to get there. And you can do that. Also jump over and start listening to Ken Coleman on careers. He's on Sirius XM, and he's got a podcast, obviously, the podcast is free on I tunes and Google play. It's called the Ken Coleman show. He's our career expert might even call in and talk to him. He's very very helpful on these kinds of things. She's got a book coming out in may call the proximity principle, but we don't need to work on you being in proximity is something yet to you know, what it is. So hang on. I'm going to have Kelly pick-up, we're gonna send you a business tcf book. You call me if I can help more this is that Ramsey show. Part of this mission. Here Ramsey solutions giving hope to millions of people and join the team that was voted best place to work in Nashville eleven times come out and check the opportunities that we have open. Click Dave's hiring daveramsey dot com, you're gonna find we have sales professionals and media in financial peace in Ramsey education, working with educators. And if you wanna see the products that you sell actually do something like they create life change. Well, we need your help because we do work that matters here. Find out about all the jobs that are available to daveramsey dot com, click on the Dave's hiring tab on the right hand side of the homepage. Jose is with me in Sacramento, high Jose, how are you? I Dave I'm doing good. How are you doing better than I deserve? What's up? Awesome. Can you hear me? Okay. Sure. Okay. So right now, I'm kind of wondering what I should do at school. So right after high school, I went straight to junior college. And I was really directionless. I had no direction. I had no idea. What I wanted to do. I finished my general Ed pretty quickly and came about time to find out what I wanted to major in. So every time I medic with an adviser. I kind of felt a little rushed and school. Always kept me busy, and I always worked on the weekends too. So I didn't really have time to think about what I wanted to do on change. My major a bunch of times and somehow land on history. So I ended up graduating the junior college within the hits in history associated behavioral and social sciences. So I moved to the university actually right down the street from my house. And now I'm going to school for a bachelor's degree in history. I don't know what I wanna do after and. Little worried because I know people get jobs and degree that they people get a job with the degree that they had nothing to do it. And so in high school, my mom, actually took me FPU. And it was a really good experience. I was very very thankful for it. And so today, I'm actually on baby steps four five and six and I'm just wondering like what my next move is. I feel kind of worried because I don't know I feel like I'm not doing the right thing right now, I feel like maybe something better out there for me. But I thought. How old are you? I'm twenty one actually. Okay. Would you finish your history degree? So this is about a year and a half. So here's the thing. So no exaggeration here. But there's times in school where I would read at least eighty pages a day. And honestly, I don't remember anything that I read and I feel like I could use that time to learn more about Sofia black Friday. So I actually bought a bunch of you guys books, and I feel like I could use that time to read and learn more about stuff that I'm interested in investing, and and the compound interest and all that stuff, and I feel like going to school. He just kind of killing my time. I know it's only three semesters last. But I'm I don't know if I'm selling impatient. Or not, you know, and then. Yeah. So it's hard to big cited about the trip. When you don't know what the destination is. If I say, we're going to Florida to the beach, you can decide if you wanna big cider or not if I say we're going to the Rockies to go skiing. You can decide if you wanna big shot it or not if I say, we're going fishing. You can decide if you want big side or not you don't know where the crowd, you're going. There's no way to make cited you feel like a rat wheel because you're a rent a wheel if they're so we need if you need to figure out what you're gonna do. And then you could say, let's just make up something. Okay. I'm just going to this is not what it is. Okay. I'm not speaking this over you. I'm just making up a dream a weird thing. Okay. Let's say you woke up, and you said, I wanna be a commercial real estate agent and lease office buildings. Okay. Let's just pretend you said that right now once you said that you said, hey, you know, that's got finance entered its compound interest. It's got investing in it. It's got a lot of things in it. It's a real math. Nerdy job commercial. Estate agents or map nerds the good ones are and you know, if you wanted to do that, I'm just I'm not saying, that's it probably isn't it. But once you say that then you can take stop and go. All right. Do I wanna go knock this history thing out because I'm pretty close or I wanna go full stop and hard, right? Turn and go get a finance degree. And let's investigate how far off the finance degree. We are off the history curriculum and the history track. How much how much am adding eight years to this? My starting over no are getting four years. No. Are you adding a year? I don't know. But once you know, where your destination is then you can determine okay, it's not gonna add that much to change direction towards something. I actually care about what you've you just went the path the least resistance. And if you wanna be a history writer, and you love history, and you wanna be a history teacher. You wanna get a PHD and become a professor of history. There's nothing wrong with that as a career. But then you have a you have a solid track that you need to follow to get there then. But right now, I don't know where you're going. So there's no energy in it. Hard to get the kids excited about vacation when they don't know where we're going. And that that's what you gotta work home you need to figure that part out. So if I were you what I would do is. Is sounds like you may have banked a little bit of money. Go. To a nice place in northern California. That's not that expensive for this weekend. And book a hotel room by yourself, where there's some woods and water and beaches or creeks or something and go walk around and talk to God for the weekend and take a blank yellow pad with you and say, okay, what do I wanna be when I'm forty? Nobody stops. And asks that stood they get so busy. Busy. Busy. Busy. Busy. Busy. Busy. Busy. Busy, busy and look up and go, I'm just a rat. No wheel people spend more time picking out a suit of clothes, and they do their careers. So go take a little time. Get quiet. When it gets quiet. Things. Get more clear. We don't take enough time to get quiet. So go somewhere where you can be around nature that you like the mountains the beach. I don't care what it is. It's been a couple hundred bucks on a hotel this weekend that's super expensive by yourself a couple of cheap hamburgers and walk around and talk to God with a blank yellow pad in your hand. And then go talk to some people in the field that you think you heard you're supposed to be in. Its commercial real estate. It's not. But if it is go talk to commercial real estate people when you get home and ask them what it's like. And what they did. You know, what it's like to get a c c I am which is the designation for that world. And. I want to go into financial planning. What's it like to get a CF p pretty rigorous lupita training right there? And so on just go fit. You know, I wanna be a welder. I want to be a sculptor good. How's the history degree fit into that doesn't? Yeah. But is have you got some base under you that you can adjust and finish up with that degree and get some core. Classes out as you go out your senior year in the area you want in. I don't care if you get a finance degree with sixteen classes of I mean agree in history with sixteen classes of finance under your belt, if you're going into, finance, but your degrees in history. But while you're there, you learned a bunch about your trade that could be your path. I don't care, but the problem you've got is you don't have a destination, and you need a clear destination intention Audi is where successful people come from. They don't always agree with them. You don't always like them. It's never a straight path. Sometimes it's polycarbonate it's ugly. Sometimes it's Iki. There's all these kinds of things come up but intentionally doing crap on purpose as that of just getting caught up in the business of this world. And that's what changes everybody's life. And. You know, I thought I thought I was going to be a commercial real estate agent, by the way, I ended up buying properties and going broke and residential properties. Primarily I had some commercial. And actually got changed the direction did one of what you're talking about. I went to lake Bank. But my toes in the sand. But share as sings said, okay, God what you want me to do because I'm really tired of trying to figure this out by myself. And it started getting pretty clear pretty quick after that. This is the Dave Ramsey show. Proverbs twenty seven seventeen is Iran. Sharpens iron. So one person sharpens another George Washington says associate yourself with men of good quality, if you're steam your own reputation for TIs better to be alone than in bad company. George Washington just read a book the day that it had a series of biographies in it trying to think of the name of it. Eric Metaxas can slash name? I like his writing to immi t- Metaxas. I think it said that goes, right? It's seven biographies and one of them was George Washington. Always forget, I love reading stuff on Washington because of his character, by the way, Eric she Ryder, but I love I love biographies of great men and women because they you know, they inspire each of us to be great men and women then and Washington's history personal history is absolutely amazing studying setting a little bit. The first time I visited mount Vernon many years ago. Yeah. The men and women of that character. We don't see them. In the. In the political spotlight anymore. They're just not out there much on either side of the aisle. Stephanie is in Oklahoma City. Hi, stephanie. How are you? I'm good. That live church nickel Mississippi almost eleven years ago. F P O fan honored. Thank you creeks. Good hours. That's one. Yeah. And so I'm a forty year old worth mother. Three boys. I've stayed home. With my voice from us, thirteen and a half years. Their aid is right now are thirteen eleven and almost nine I have completed baby steps one two and three almost baby step fix. I should have the house paid off by next September. That's my goal. Go. Yeah. I. And use the equity down size and just throwing money into the principal, but divorce I also received half a my ex husband's 4._0._1._K in pension plan. And I also for myself have thirty nine thousand dollars in my own. I guess Roth or an IRA kennel that was rolled over when I left my corporate job. I'm in. It's got about thirty nine thousand in it. I. I also have thirty nine thirty thousand in a money market. What are you making? And that's interesting. I am still say at home mom, so I am just with child support and alimony. I get about eighty thousand dollars a year. Yeah. Okay. Does not say anything about kids college. He did not want to that in there in order to do. You wanna put anything about cars for the kids? Either. Does anything about him paying for college at all? No, obviously, he has an outrageously good income. Yes. He does. I don't think he has a problem with me saying home with the kids either. Although that doesn't do much for my my morale to get me back out in the real world. But it's nice that I'm able to be able to say home with my kids. So. Okay. Let's revisit that a few minutes. But for right now, you're calling about kids college. So your husband's income. Your ex husband's income is what? I honestly don't know anymore. He I would say upper two hundred okay. Okay. Yeah. But as for myself, how do I so are you understand are you you have no. Indication from him a note legally, he's not bound from the divorce decree anything. But has he said Hayao, you know, I've had conversations where he's, you know, where he said something like, hey, I think I'll help with some of this or not not necessarily with college or with cars or anything. I don't think he'll let them go without either. That's kind of what I'm thinking. Unless the unless there was just a really the relationship is just really sour. I mean, he sees the kids he has visitation with them and very little really. I think monetarily that's what he can do, you know? Well, obviously, you can begin budgeting aggressively towards kids college, and you can start talking to the kids about well. There's two or three things going on here. We don't know that your dad's gonna participate or that he isn't one way or the other not throwing him under the bus. But we're going to start preparing as if he isn't. And that's going to involve you guys, you know, as you as you move into high school, you're going to start taking the ACT and taking a class on how to take the ACT because they see T scores are now super scored when it comes to get in schools. And so you wanna take them repeatedly? We'll start talking about going to school we can afford, which is probably a state school in Oklahoma. A couple of good ones heard and and you can get into that. It's not going to be that expensive, and you can plan on working while you're in school, and I'm saving aggressively to try to help you. But I don't think I'm going to be in a position to do. One hundred percent. So you're going to have to chip in. If your dad doesn't okay in terms of my own retirement. How how is it looking with what I have already? I'm forty three. There's an unknown amount in this pension. That's still second Quadra. So roughly I have a hundred and forty nine thousand in retirement right now, I'm kind of thinking that somewhere in the next five years your career needs to unfold for your encore. Right, right. What are you gonna do? No, I wouldn't be when I grow up. It's it's time. It's time. I know 'cause that's going to be good for your dignity. Not to mention your income. Not to mention your retirement. You're going to be fulfilled because you don't want to be sitting at home. No kids at home living alimony, right? That will be just weird. You know, that'd be an empty shell of life. You don't wanna do that? And so. Thirty thousand that sitting in that money market account is that fine sitting there or. Calculate three to six months of expenses. Call that an emergency fund and anything above that car. Carve it up into two pieces. And let's say that's I'll make up a number. Let's say that's twenty thousand then that frees up ten thousand of that thirty the throw at some five twenty nine and get them started for the three kids, and you can start loading some money in these five twenty nine's, and any other monies, you can scrape out of your budget, you can do that. But you're debt free. Did you say the house is paid for two? My goal is to have it paid off next September. I've kept my mortgage payment the same at my old house, and it all principal phenomenal. Okay. And so then you're a hundred percent debt free. And all you've got to worry about is two things kids, college and your retirement. And or whatever you spend on you to get tooled up for your next career? Right. I'm doing real estate. We'll right now. Oh, good. Okay. You might make an excellent role state agent. That might be a lot of fun and a really good. When makes a lot of money, really bad. When makes nothing right. Yeah. So I know real say just two or three hundred a year. So you could end up making more than him. If you got after it and got out there and said, this is fun. And I'm having a showing houses and helping people get into homes, and that kind of stuff I think you'd be really good at that. That's great. Yeah. Let's let's go ahead and start pursuing some of that. And that's actually a really good choice because with teens you've got a lot of flexibility. Meaning that when they're in school, you can work your butt off in a few times and evenings or whatever the oldest one can watch the two and you can work your butt off. And you can do a few things start adding to your income here. And but it's a great way to work into a career gradually step by step incrementally over the next five years. But I'm telling you about the time that nine year old is fourteen you need to being gear. Union being gear because you're you're you're only four years then from launch and you for your sake, and that I'm not panicked about your retirement. You're going to be okay on retirement. You're not gonna starve, but there's you got the whole risk your life to do something with your career. And you should you will to self do that. So a good question. Thank you for calling in that puts us our that. I've Ramsey show in the books. Thanks to James Childs, our producer Daniel, associate producer and phone screener. I am Dave Ramsey your host. We'll be back with you before you not. In the meantime, remember, there's ultimately only one way to financial peace, and that's the daily with the prince of peace, Christ Jesus. Hey, it's Kelly associate producer and phone screener for the Dave Ramsey show. If you'd like to your debt free scream live on the show. Make sure you Bizet daveramsey dot com slash show, it registered we would love for you to come to Nashville until day here story. Make more money doing what you love checkout Christie rights. Business boutique podcast Christie's inspiring and in quipping women to become successful running their own business hand, Christy. Right. And I help women all over the country take their ideas, and passions and hobbies and turn them into profitable businesses. If you have an idea in your head or dreaming, your heart and you've ever wondered if you could make money doing it. I'm here to help. Join us on the business boutique podcast where we are quipping women to make money doing what they love. She was grabbed at Christie rights business boutique podcast wherever you listen to podcasts. Hey, it's James producer of the Dave Ramsey show. This episode is over the check the episode notes for links to products and services you've heard about during this episode. Thanks for listening.

Dave Ramsey Walter Kelly Ramsey solutions Nashville Chris Christie Chris Hogan principal America Mary Sherm George Washington Ken Coleman Lhasa producer Christie
How Should I Handle My Car Repairs? (Hour 2)

The Dave Ramsey Show

40:19 min | 10 months ago

How Should I Handle My Car Repairs? (Hour 2)

"Live from the headquarters of Ramsey solutions broadcasting from the car rental studio. This is Dave Ramsey show where America hangs up to have a conversation about your life and your money. I'm Anthony Neil sitting in studio with my good friend Dr John Alone and together? We're seeing. Oddly the number one radio show in the work on planet earth on planet earth the Dave Ramsey show. Where else can you get some solid money principles and solid life principles? I mean that's amazing. Five days a week five days a week with a multimillionaire with Some upcoming multimillionaires I'm a I'm a thousand air your thousand air. We're crawling towards I. Believe in speaking what I seek so. I WANNA be a multimillionaire, so I'm excited, but we'll have a conversation with you. Triple eight eight to five, five, two, two, five, triple, eight, eight to five. Five, two two five. Give us a call. We're talking about your life and your money today. and we're going to have a conversation, but let's go ahead and get it going, and we're going to go out to California and have a conversation there with a Carter Carter. How can I deny help me? Hi, guys, heads some questions I'm. In baby steps to I recently started the whole baby step process and realized that was doing some things out of order So I've paused my deposits into my Roth IRA. And I'm going to be putting them towards my dad. That's about three hundred and sixty dollars a month. Not going debt. How much debt do you have total Carter? Currently seven thousand, eight, hundred ninety five dollars and four cents. Okay, so you know down to the penny all like that. All right go. Ahead. No that's between student loans and Credit Card about twenty five hundred student loans, though fifty five hundred in my credit card. My question is that money with the cares act. I'm currently not accruing interest on the student loans till November. And be credit card is. I know I'm supposed to pay the smaller ones I, but would it be better to pay one? That's actively accruing interest that three hundred and sixty dollars per month or throw it at the student loan that is. What's Your What's your total amount and student loans again? student loan. We're looking the exact number done two thousand, four hundred sixteen dollars in sixty eight cents. The signal credit card is sitting at five, thousand, four, hundred and sixty eight dollars and fifty six cents okay, and what's your total income right now as far as household? I'm sitting at about sixty thousand a year sixty. K. Okay. And, just to make sure I'm correct here. The only debt you have is a seven thousand eight hundred eighty five dollars. Correct yeah. So I want you to stick with the debt snowball all right so here. Here's the thing. This is not a math problem. This is about a momentum problem psychology pros. That's right, so I you sit with the debt snowball, you said. That, your student loans total was about twenty four sixteen correct. Your credit cards are five thousand four hundred sixty dollars. So of you lying that up in debt snowball. You actually are attacking. The student loans I. Because that that will be the lowest form now stick to that sticks the debt snowball method. Workman came in, and you're going to save just a couple of bucks on. Through November, you know what I mean and here's the deal, and that twenty five hundred bucks you should be paid off making sixty thousand dollars a year. Right, Anthony. He should be paid off by then right. Yeah, you know. Here's the thing that we're I'm always asked this question especially when I travel going into colleges and churches and a corporation places like hey. Should I adapt over here. Hey, should I do this? Should I do that? Not just follow a proven play. Do you know how many times I have tried to? Wrestle up scheme when I'm trying to pay something off, you mean by poor wife has had to deal with that like hey, what if I I've got this new idea where I can take this credit card and dump it onto this one and that one's got mileage on it and then I can roll it. And I ended up in a bigger mess and ever. Ever started with right. Yeah, and I think we're always looking for shortcuts. We're always free. Excuses were always looking for ways to get around a proven system, but we want to say fifty bucks right, so let's not order this time. Just pay the thing. I'll just paid off just paid off going out to Missouri keeping the conversation going. We're GONNA have a conversation with Lacey Lacey Hawkins out to deny help. Yes, I listened. In the last few days to your podcast for debt, free degrees, okay and I have I'm about a year into schooling and going back to school as a teacher and one of the things that you said was not to Maybe I misunderstood, but not to depend on the teach grant and. I guess I'm not sure if I'm missing something or what? All the schools in my area are title one school so I would definitely be teaching at a title one school for a substantial amount of years, and so, what am I missing well? You're not really missing anything in the whole purpose of me, saying don't depend on the government to pay off. The student loans I I know several teachers who actually went into a title one into a rural school and they. They honestly didn't get the student loan forgiven. They didn't qualify for the particular grant. What I'm saying is I want you to control what you can't control and let's just say for an example they do forgive your loans. They do give you a that particular situation. You're okay but I. Want you going into it saying you know what I'm going to get? An education I'm going to cash fluid. I'm GONNA pay for. For it, I'M GONNA. Do everything that I possibly can do. Go ahead and pay cash for this. So that's what I'm saying. I'm not going into a situation racking up all this debt and relying on the government to take care of it. Yeah, I dealt with that lacy with my law, student said. I worked with years ago where they were promised. If you work in a nonprofit organization for I, think it was. Was Ten years will pay your loans back. and so we had students who had the opportunity to go. Make a JILLION dollars in corporate America. But they had their our heartstrings were towards the least to these in their community, and or they wanted to work in public defense. They wanted to help folks the criminal justice system whatever it may be so they took jobs working for nonprofit organizations at a lesser pay. For the heart of the matter. Because the government had said Hey. We're GONNA WE'RE GONNA pay back and then they got to your eight year nine. And now they're finding out that the government's not holding up to that bargain. They're saying now. We're good. Good man, so they've looked at a decade of their life a decade earning potential. not that they wasted those years. They serve the communities that they lived in with with vigor. Yeah, but they. They cashed in on a program. That's not gonNA pay him back and so what I if I. Hear you correctly Anthony. I think what we say here is. Don't rely on the government tenures. You don't know what the world can look like ten years ago, right? We don't know what the. The world can look like ten days from now right now. Man I mean we really don't and anonymously in in a state of the United States today we don't know what the world will look like in the next six months right and so, but I know what I'm GonNa look, and you said it best controlled. You can control I'M GONNA control? Without control I am the provider of my house. I will do what I can do to make sure. That my future is depending upon choices that I make, and so if I make the right choice today, I can't blame nobody else. I can't play the White House I can't blame the president. I can't blame Dave Ramsey. I can't blame you. I can't blame my parents. The only person I can blame is myself. Because I made the choice and I'm gonNA. Make the choice to make sure that my future is bright that my children are starting off at a place that they will love. This is the Dave Ramsey show. Please hear me loud and clear. The government is not going to bail you out of your student loans at least not completely, and not without a catch what they're talking about only impacts federal, not private loans, and you need to take responsibility for what you owe and pay your debt down quicker right now. splice financial is offering their lowest rates ever with lower rates and extra payments. You could just find yourself debt free. In the next five years visit splash financial dot com slash Ramsey to see if you qualify. You all break. I was youtube checking out. The amazing tubers who every time I get on the show. John I, I love you to a love what they bring to just to show, so I really went shot out of the youtubers. Thank you so much for Joe logging on every single day is about two thousand of you all on there right now and just checking out their comments checking out what's on their mind is absolutely amazing so I. Love You all we love you. All I know Dave loves you, but every time I. Get on the show where the bombshell for with Dave. I log on and have a conversation with them, so if you WANNA, join us. You know definitely log onto Daveramsey DOT com. Click the link for the Youtube or go to YouTube dot com forward slash Dave Ramsey live. You can watch us there live, but if you have a question. I'm here for a little more a little longer Let's have a conversation. Eight eight to five, five, two, two, five triple, eight, eight to five, five, two, two, five and our John this keep distinct going man. I'm these people. Let's go out to my home. State North Carolina have a conversation with Zach amid. How're you doing that? How can I help? or I'll be honest I've been better and I'm hoping he can help me with. A Little Bit of? No come on Zach. What you? Well got a marriage. That is kind of hanging on by a thread at the moment. I'm not going to go into the. Unless if you need to know why you can ask but Short just. Having some struggles lately, and after the reason problem. she and my wife is Wednesday right now. We I drive a truck for me. She's been riding with me but About two weeks ago, we we tried to sell some of these problems and it almost actually ended. Chino can stay on the phone with me, but she continued acting like nothing ever happened. But building up to the point where I thought we were going to split up. Building up to that point I. Just try to calm myself and keep myself calm. Since she was right there on the truck and to try and contains the pain I was feeling. Kind of just like thought to the future try to figure out escape routes, and like playing BBC and be for what was going to happen if the marriage ended and. She turned around and change your mind kind of. Going on for a little bit and. But up until that point, you kind of brought me out. I WANNA. Say the marriage but I have almost no energy to try and save the marriage and. I'm trying to find some way to keep that going until we can get to marriage counseling because it's going to be at least two months before I can pay. Shirts Zach. I thanks for calling I can hear the. Your heart I mean I can hear. Your throat is constricted man so when she to do me a huge favor and exile for a second. Becky you didn't take an inhale. You didn't take a breath through that whole conversation. So, what's wrong with your marriage man? And I know it's complex, but I want you to distill it all the way down. What's what's what's wrong, right? Try and keep. Trying keep it as brief as I can wife. Part of it is is. This is. XXX. What's wrong with your marriage? Straight to on what's wrong with you managed? Okay. She wanted out twice. The first time has happened. At the end of twenty I stopped trying to fix it, but we haven't made any progress because we I haven't mailed before. Marriage counseling because of financial issues and Independent gotten any better in almost a year and a half. Why does she want to leave you Zach? And I know she's standing right there and you're talking to both of us so much to talk directly to me. Why does she want to leave you? We've had we've had a few issues. Why does she want leave you? She says she's not in love with me. And there are some communication issues going on, so why does she? What does he not love you? The way. She described it. It's not that she doesn't love me. She's she's. We're basically roommate. At this point, there's no passion. There's no intimacy there's. Were the best friends that. That share taxes that basically it. She okay, so she right, she being honest is that. Is that a fact? Is that true? Not, kind of yes, or no, is that true? Yeah, yeah I guess it'd be. Do you want to be more than roommates with her? Yes very much. Do you still have passionate, love your wife. I do. Okay do you still? non-nego asset quiz. I'll let you said question. Go ahead if you want. He was gonNA. Ask you and I I don't even know, but he's GonNa. Ask you are y'all still connected intimately just have fiscal relationship right I'm not married. You know the best way I can keep up. I'll try to keep that PG for the sake of the simple. Yes, or no, you haven't had haven't had good. A good intimate relationship in almost two of the five years that we've been married. Okay, so here's the deal, Zach. You've told me that. You love her. That you want to stay married to her. You WanNa have a passion relationship with her. The only thing you can control the situation, is you? And for forty percent of your marriage even had. You haven't been intimate and you haven't had a good connective relationship physically. I can hear in your voice that you love this lady and you love this woman and that you are struggling to figure out what to do. Because she's not. She's not reciprocating that love. And so you've got really two choices. I know finances are tight I. Know that you've done a mathematical calculation in your head about hey, in a few months I'll be able to afford this that I can go do that if you love this woman and you want to remain married to her, and you're going to have to stop and fight with everything you have. With all that you have to keep this marriage going and I would give you a list of strategic tips, but I don't know you'll that well, and it would take an hour to unwind at all, but what I'm telling you is if I'm telling you that I love you, and I'm telling you that I'm committed to you and you're saying well. You know what in two months we're going to figure this out. That doesn't communicate that. You're on the same level with me, and so I do I'm. I'm just going to cash out, so you have to decide right now. What is important to you and is there? A local college in town's going to have interns that will meet with you to is. Do you have a pastor that you can go? Sit and meet with. Do you have a couple that you know that's been married for a while that has dogged fought with each other, which all marriages have. That would sit down and talk to both of you, or have you taken your wife out for dinner? If you're Anthony, breakfast, if you're in dolny house and looked at her and said. Do, you. Do you WANNA still do this? But I I don't know if I asked that question the day and tell me if I'm wrong if I'm the man. I'm going to hell her. This is what I want. I want this marriage and I am willing to put in work to fight for this marriage and I think before you do that. Sounds, a little bit like she's off somewhere and so I'm going to recommend a book I'm not a marriage counselor. That's I'm let you dude I'm on money. But for me. It sounds like he doesn't really know his wife's love language so I'm going to recommend it. He gets but love language and in re for him. Only those two are recommends. Could you gotTa know how to articulate and talk to you? Live and feed her what she needs to open up and I think when he could show her I'm fighting for, and I'm doing everything on my side to beat the best man possible. Now. He puts it back into her shoes and if she wants to leave the Nassau and But he got a fight in. You're right. I don't think I. Don't think it matters a husband or a wife. I think like we're. It's like I was just telling him. Do you're saying I and a couple of months we'll do this. I'll get some money to get. If you want to be in it. You got starting. Let out of the tires of the truck and you figure it out, but I also always encourage folks. Sit down. Have hard conversation on the front end. Yes, because I don't want him to go read two books. I don't want him to go through a bunch of I. Don't want to lose out. A couple of driving jobs implant a bunch of stuff if she's already out if she's already cashed out, she's cashed out now. She threatening him if she bayton him. She doing whatever she can to say. Do you love me? Or is he just gonNA fight cash in. Yeah, he got a decision. He has a decision to make right now. And then you're gonNA fight fight for it, and then if she still wants to go, she can go. But go all in those two books are both great books by the way and I could be wrong. I think that ladies want to see the man fight. Sometimes. You. Don't be quiet both of them. I'm all my wife to fight for me, too. You're right. You're right because my wife better fight for me. Dave Ramsey show. Collecting money can be tough for small business owners, and sometimes no matter what you end up chasing clients for payment. There's no magic solution, but making it easier to pay certainly helps. That's why when it comes to payments. I can't say enough about fresh books. It's accounting software that helps you get paid two times faster by allowing you to automate so many parts of your billing process with fresh books you can just sit back and collect payments. TRY FRESH BOOKS FOR THIRTY DAYS FREE F fresh books dot com slash. Dave Ramsey that's fresh. BOOKS DOT com slash Dave Ramsey. Before the show we probably had. Before the show went to break. We have a great conversation and. This is why I'm happy. You are on the team because. We can really dive into deeper conversations around the life topic. I'm not a marriage counselor. Don't want to be a marriage counselor because I'm not even married I need so i. Think, we all need counselling. But. These are the kind of conversations that you even dive deeper into on your youtube channel, right and I want you to to to tell the the world America What are you doing when your Youtube Channel? What kind of conversations are you having? Just had a very uncomfortable conversation with actually my local pastor about racing. In what what can't Cajun people do. How can they learn How can we learn as an African Americans I? May You're? You're hitting some heavy deep? So, what can we get from your Youtube Channel? And how can we find on Youtube real man? Thanks for that right now I've got a series called everything you know about anxiety is wrong and I'm frustrated and annoyed. That people have been led to believe that anxiety is is a only a genetic issue, or it's only a biology issue, and we've just completely forgot talking about this crazy world. We've set ourselves and so you can go there and learn more about anxiety what you can actually do about it. Yeah, the conversation that we had with Dr, face, and was it was something else in. It was cool as he passes the church in the neighborhood where I rent the house, and so it's I I'm a nerd. I've been a lot of college classes. I got a lot of information and stuck in the front of my head. But it was something else listening to somebody's experience in my neighborhood and I think as a culture we are always going to the next podcast in the next book in the next streaming thing to get more information and we don't listen to people's narrative. We don't listen to people's stories and. Often People's experiences qualitatively speak deeper and more more informed are more informative than some of these data points right and so man. What a gift head over to Youtube. Dot Com slash John Baloney, and it's cool and your youtube. I'm trying to catch him about a hundred and thirty thousand subscribers. Short of you right now Anthony I man. Doing, extraordinary work over there to this is not a competition I think. Already lost. But you know the having you on the team. And this is what I tell people. You are important, just as much as Dave. Myself Hogan because we can talk about money principles all day long, but if our marriages are not good, if our minds are not healthy, if if we're not doing the right things in life. How much money skills we have we have to be good mentally. Which is why I see a therapist while talked to you because I. Want to make sure that that I'm mentally healthy so again you guys I want to go youtubecom for slash John Deere, lonely or just going to look up John Dill only and you can check got minds as well, but are are really wanted to go there and look John these youtube because I think what he's doing is important, and so I released that man brother. Thanks I really do. Let's go out to Oklahoma. Have A conversation with Brian. Brian Welcome to the show dot to deny help. Hey, yeah. It's great talking to you. Thanks for taking my call. Not thanks for calling in. How can we help him? Well so my wife and I are on baby. Step five and my call is in regards to my vehicle. We both have a paid for car on minds worth about six thousand Kelley Blue Book and trade in value, probably three or four thousand. I took it to the repair shop to repeatable mechanic here in town and and he looked through, and there were a few things wrong with it will the total repairs if I was just fixed everything at one time would be around sixty six hundred dollars. could opt for dispatching a few things for cheaper. but I just kind of wanted to get your. Feedback on that is if it would be wise to go ahead and fix everything if I should just fix the major stuff for the time being how repairs equal up to the the total value of the car. Yeah. You said you know babysat five. You're pretty much saving up for your chows. I'm a college graduation. Yes we actually were on baby steps six, but we just had a baby last week. -gratulations man congrats. Nature. Reserve, right now liquid cash. Eighteen thousand liquid cash, Eighteen K. and outside of that. How much is that? Is that all three three months or is that three plus extra? So. That's three plus extra. Three to six would be anywhere from ten to fifteen and three thousand Bucks Fifteen, which is be extra. Okay, all right all right all right all right. What how much would it cost you for the major repairs on the car? I believe for for them. The most important things would probably be around four, thousand, five thousand navy. How many miles on a car? Hundred and sixty thousand. What kind of car is it? That's the two thousand twelve Chevy Cruz Chevy. Two thousand twelve. What do you do? Well to. With. With the. If if I was fixed everything and able to keep the car for a few years, I'd be totally okay with that I guess my only concern with me to pour that money for whatever reason have to pour more in shortly down the road if something else went wrong. But I'd like to keep the car. Okay all right well. Let's talk about that. I'm I'm cool with spending about four K. I. would before I dropped four K. to fix a major issues on the car. I'm going to look at some more mechanics and see if I can get this around maybe three thousand dollars. To get fixed now, dropping three thousand dollars Chevy a specialist Chevy Cruz is a reliable car. You should be able to get another one hundred thousand miles out of this car. so I'm a huge fan of that because what I don't want you to do. What you just having a kid less than you know a month ago, you had a week weekend to the game. I don't want to really being stressed right now about purchasing a car so if the car's worth six thousand dollars. You have some options here. Here are the two options you can sell the car for six. K. Take Three K. from the Fifteenth Casey. You're not going into emergency funding. Go buy you a car. For about ten nine or ten, K. and you. Maybe it'd be get you a car for another. Right around eighty to one hundred hundred ten thousand miles. Could you sound like a Honda Toyota, or you can fix the car for four K. And keep that then. You really don't know if other problems will happen with the car, so you got wear your option. Either one is cool. but I'm not trading in a car because you know. Lose a lot of money so I'm GONNA personally sell the car get. The six K value added three Ko net. Get you a good reliable car there or I'm going to try and find me a mechanic that can't fix the car right around three K. and then stick with the car from their. That's what I'M GOING TO RECOMMEND T. O'Brien old school like Anthony I'll keep my cars. Man I don't always look at our ally and I've got A. I got an O. six Toyota that I drive now that I'm hoping the last twenty years or so, but unlike any I man I'm GonNa. Keep putting money into it. I just don't look at cars on an Roi like that If it's a good car, it needs to be fixed. Fix it and keep it man yeah. I liked that. This. I really appreciate. Hey, man. We appreciate you for calling him an. American, that's what it's all about. You know when you can call in and just have a real good conversation. Let's walk through this process. Because I mean this. Look at it, you know the average American would have been you know what bump it. I'm not putting this money into car I'M GONNA trade in my car and go finance a twenty thousand thirty thousand dollar car, making thirty five forty thousand dollars a year, which is just dumb. It's just dumb. You know but when when you really step back, and you really look at your principles, and the vision for your life is like. Like I, just had a kid. You know that's that's his priority right now. And so I think both of those options are are definitely okay. You know my Acura has about two hundred thousand miles on it right now, so it's about halfway done. It's about halfway done like how you said that. It's a hot way a Honda car. It's a Honda plus S so I'm like here's the car broke down today? Am I going to put ten grand into the car? No, no, but if it broke down today with put twenty, five hundred thousand to the car. Absolutely I think there's A. About everything in our lives. Is it, does it? Does it. Get you where you need to go. Does it give you a roof over your head Yup. Yes well, a car doesn't give you a behave and I was talking about a house to. Let me talk about. And I don't I. Don't talk about Mary. Youtube is telling me anti-anxiety. Elaine stay in the CAR I. Feel Youtube! Hey, you guys. This is the number one talk show in the world. The Dave Ramsey show we'll be back. If you had youtubecom for slash Anthony O'Neill youtubecom for Stash Anthony. O'Neill you'll see a real relevant and relatable conversation to where I'm talking to I'm not saying I'm talking only to this particular audience, but I do believe the that sometimes a lot of the content that is created in America. Today is geared towards that wiser. Individual can't say older because Kellyanne Dave get on me when I say odor but to that you know y degeneration, and then you have a lot of content created for that younger generation is so. On my side of the channel. I'm really having that conversation to where I'm talking to the Twenties and thirties. About life about money, how very millennial love you to feel left out about something else, man, Jeez Louise. Thank you, thank you, thank you. Thank you so much, but are just are just really love having a conversation it teaching. Hey, here's how you go to school debt free. Here's how you graduate debt free Here's why you need to avoid credit cards. Here's how you start building wealth. Here's how you. You date properly in how you have a budget for dating Here's how you start off your marriage from a financial perspective so really having that young relevant relatable conversation so head over to youtubecom four slash Anthony O'Neill this week we actually interviewed my childhood crush my high school crush on my friend Jerry Johnson. who was the best friend to? What's your name on the hit Sitcom? SHAMMY matters. And, so she sees one of my, she saw one of my videos and she reached out to I want to talk to you. So are brought on my show, but we had a great conversation about how even her as a celebrity believes in being debt free doesn't have credit card. Pay Cash for his stuff. Still have a still making a lot of money from the show family matters and investing it. She says she says words I. Have a dope car, but I'm driving a Toyota. I'm. Let's see that Dowse Dass what I'm talking about. to just watch that interview into. We have some great stuff coming up. You guys. Some major major names Trent Shelton pass a Tory robbers from Sarah Roberts out. There in California will have to check it out, so go over there. And, we'll have a good conversation. youtubecom four slash anthony. O'Neill going out the taxes. We're going to have a conversation with. Natalie Natalie good afternoon and how can adopt to deny help? Taking my call today? So I am any stay at home. Mom In have three often cats. My husband is our income. and He. Makes about seventy five a year. Which is awesome are very grateful. My question though is. My husband and I are on baby. Step two. We've started with the smaller jets and Mexico will be tackling. Used to kind of do prepares on our house. That my crush them wise are crap. Addiction the pair off of the May twenty twenty two. And I think I have a little bit of guilt. Because I, am staying at home with the kids and I previously was working. And I'm beating. I should take a part time job because. I think my husband bringing him G, Komen doing so on very grateful, and he's great man but I kind of go bad that. Seems so far off. That makes sense how the site if I should take on a new job. Yeah, now. How much debt do you all have right now? Okay so we wrote done although debts. We currently have a little over forty thousand in Two cars every half. It's not including your mortgage, but it's two cars, the smaller and that we had and paying off the other ones so okay, so we got. We got two cars and we have credit cards. What kind of cars do you have? Okay there. My husband has a youth red. Say Nice but thought you vehicle not. Worried about that snowball on Ebay and. Got Me. How much is that worth yeah? That's a good question. I that's my husband. I know that mine is a Honda Odyssey of. Units currently value a little over ten. How much at? Avenue tool that APP so if I remember right the a little over twenty. Two. Hondas were ten K., and you owe twenty thousand dollars on that car. Now. When we purchase always. When we logistical my husband's clothes. Purchase because during Harvey it had gotten water damage, so we bought that one US at local dealership family bought our via nine. Because we had a minor accident with, but it caused it to beaver. It wasn't fixable by insurance, so that one getting replaced here. With the amount that have. I got you I got you. Here's my thing Natalie I am. I don't want you to be feeling guilty that you are staying home as a mother in my opinion there's a I honor i. celebrate stay at home. Mothers because I believe that's a fulltime job within itself. Auto to feel guilty for being a mother and providing for your kids, because that's a job. Here's something that I do want you to consider and I want you to San Kelly's going to give you a book when we get off of here I want you to re Christie Rights Book Business Boutique because this book is a great book that would definitely teach you how you can Ashley. Generate some income being a stay at home, mother So I definitely definitely definitely want to do that now. Here's a thing to. Okay with making seventy five care year. I'm looking at. How can we get rid of one of these cars? Okay, that's the first thing. What car can we sell that way We can sit here and honestly figura. Can we lower the debt but the to your initial question? Do. Not feel guilty that you're staying home. Guy I'm okay with that, but do figure out. What can you do from home to bring in some income and you'RE GONNA? Be Alright there and Natalie. I WanNa you to hear me directly. Because I'm going to piggyback off with Anthony Said and I've experienced this amount home with an extraordinary brilliant wife who's also felt this. We have a culture. That does not celebrate your choice. And we have a culture that says you are never going to be good enough if you are a professional working woman who also wants to have a family, and you will feel guilty if you are at work and you've got three kids at home. You'RE GONNA, feel guilty of your at home with your three kids running being the CEO the chief officer of your home and you're not in the office. Office and that comes back to cultural issue, which comes back to a emotional and spiritual and psychological issue, and so what I want to challenge you to do on top of what Anthony did. Christie Rights Book is awesome. I want you to spend some time with your husband wants you to spend some time with a counselor, a pastor or a woman in your community that has some wisdom that you trust. And I want you to sit down and find peace in your heart you with whatever direction you're. GonNa take because this is going to haunt you and haunt you until you can. Look in the mirror and say I'm good. With the partnership me and my husband have I'm good as a mom. I'm good contributor here whatever that looks like. And then forget what the people on Pinterest are going to say to you and forget what the people at Church you're gonNA. Say to you they don't get a vote. That make that decision with your community. Make that decision with your husband and make that decision with yourself and then move forward in peace, because I'm so tired of this culture beaten up women. I'm so tired of it. Man, they hand not win and men. We've got to play a role to and supporting an elevating the women in our lives, helping support their choices helping not only with the math problem of it, but just sitting and listening and be present and I'll stop my rent right. They're not a good ran. Ran You know if you have more time I, would rant on with you because we as main, we have to step up in honor and celebrate our lady's period whatever they decide to do. We have to get behind them. Celebrate them and continue to push them. If my wife came to me and said Hey. I want to be a stay at home. Mother I'm so you'll be a stay at home. Mother because that's a job within itself. I don't want to be a stay at home. Dad It! It's a hard. GIG I don't want to do it, but I'll celebrate my wife who wanted to do it man. That's right, you know. I WanNa thank Zach fulfilling and for our producer, James Shout, the one and only the best associate producer Kelly Daniel Dot de. Thank you so much. You Guys America. Remember you guys. Caliber of our future will be determined by the choices and decisions. We made today. It's been a blessing. It's been fun. It's been the best radio so in my opinion. This is the Dave Ramsey show. James childs producer of the Dave Ramsey show, you can listen to Dave Rachel cruze Chris Hogan or the rest of the Ramsey network anywhere with the Ramsey network APP on your smartphone catch all of our full shows browse by topic or seen clips to your friends at to the APP store down. The Hey of you've got questions about retirement investing of becoming an everyday millionaire go bigger and broader with my man Chris Hogan on Chris. Hogan, show, I. I, am excited to be able to talk to you all weekend and week out. We're GONNA. Focus on your calls, and it's going to focus on building wealth investing, and how to become an everyday millionaire. Subscribe to the Chris Hogan Show wherever you listen to podcasts. Hey, it's james producer of the Dave Ramsey show. This episode is over, but check. The episode notes for links to products and services. You've heard about during this episode. Thanks for listening.

Dave Ramsey Anthony youtube America Zach Kellyanne Dave Dr John Alone Chris Hogan Anthony O'Neill Ramsey solutions Honda Toyota Natalie Natalie United States California Anthony I Anthony Neil Carter Carter
The #WITHpod Mailbag

Why Is This Happening? with Chris Hayes

34:13 min | 1 year ago

The #WITHpod Mailbag

"Hello and welcome to wise happening with me your host Chris as very special time of year. It's our annual holiday tradition. It's a new tradition. Yeah but it's nonetheless tradition. which tiffany champion? And I sing a duet all I want for Christmas. Is You ready. I mean I don't know it's the it's the annual with pod holiday mailbag. We did this last year. was that the first one which which was I. Think our first holiday I guess. This is our second annual. I can't believe we've been doing this show so I know yeah. Well it's a year and a half we also did a mailbag at our one year anniversary. So so it's our third mailbag our second annual holiday mail bag for all the holidays. You might be celebrating. I am a sucker for the Ah Nostalgia of this time of year. I really like it and nothing tries to kill that more than the hordes of tourists. They need our workspace for at this time of year. Who are adorable and I love them and I was just getting coffee with a bunch of them as they were just out in the little kids and you can't blame them they're all it's it's not their full around here? It's just this is also where we work and bash our heads against the wall every day and so it's it's a tough. It's a little bit of a tough scene at thirty rock this time of year but today is also The day that we're bringing you. This is a big day in office because we have an annual secret. Santa which happened today which gets more and more involved in like Baroque every year. We have a commissioner dinner. We have a commissioner Kerry Fox conditioner and everyone select someone out of a hat involved clues foods and all sorts of stuff. There's Kerry who is our commissioner hit last year. He made it an elaborate scavenger hunt for me around the office set included like twenty clues and the entire team is moving as a unit trying to figure out what it is is we share a floor with the hard ball team and the Rachel Maddow. Oh team who are trying to produce a television show Tyre thing totally honest but we love it. It's a huge deal. So yeah we we did it today. Everyone really stepped up gifts. I got one of the Best Oregon which was a from Shaimaa so tool who is as a graphics producer for us and helps out. When I'm out on the PODCASTS? Yeah he helps on the podcast to. He's got me the car ideas sketch from. I think you should leave. Steve where the guy was like you have no good car ideas. That guy who dabs at the end he got me a throw pillow of him. DABBING the end which is amazing. Because I'm obsessed obsessed with that sketch and also that show I'll link it because I don't expect a lot of people are going to know this very specific Paul. Yeah it's true yes. It was that that sketch series. This is like a big thing in my world pop culture for the year two thousand nineteen references to it lots of rewatching parts of it and I got my secret. Santa I was pretty proud of this which I told tiffany. She cracked up. Don't really what I was going for. there's this new thing called Cameo Cameo which you may have heard about which is so weird random and seems like kind of just open in that you can basically purchase personalized video messages from a variety of celebrities thirties but celebrity loosely defined and the price point also like weirdly defined like so you can get like actors and singers like Andy Dick can like Brett farve and people like Bat. So I got a cameo for one of our producers from Ken Bone. Who is the red sweater question? Asker in two thousand sixteen debate this it just became a became a meme. Those pretty pretty proud of that All right so we got some questions to the with pod at gmail.com dot com email address. We love getting your feedback got a wonderful email from woman the other day yeah listener. Who just talking about you know she? I'm not gonNA give her name because she didn't tell us but she just has but children she's home with those kids including two of them have special needs which requires a tremendous amount of attention and care apparently burr and was just saying like how much she loves listening the PODCAST and the way it sort of connects her to a world of adult conversation when she has to spend a lot of time around around children which I found really awesome. Chris Jokes that I only forward on the positive feedback. How but we have so many great stories? We really do. Love hearing them I. When we first started was very ambitious and personally responding to every single amount which just it became so untenable so even if you don't get a response where reading them like you genuinely do love them? We appreciate it. You have a whole other show that we have which is the thing. This is our hobby. So that said we have questions from this specific mailbag request and also some that. I've set aside from throughout the year. This one was is after the college costs. With CAITLYN's loom sue rights sue from Arizona. I graduated from a small liberal Arts University in Nineteen Sixty seven even with zero debt. If I recall correctly tuition was around six hundred dollars semester which was much more expensive than public colleges and universities at the time I went back to school in the nineties and got two masters degrees with an initial debt of eighty thousand which morphed into one hundred thirty thousand dollars was she won't be able to pay off and she's just wondering what happened in between those times get it's such a great question right and I love this question because one thing that does is centers a fact that I think has been missing in our debate about free college which which has been one of the proposals that both was Warren and Bernie Sanders sort of different respects. which is like this is crazy? You're gonNA give people college but free. College was for decades in America. Mark Free or nominal cost. I mean you know. Obviously there's inflation so in the nineteen sixty six hundred dollars was what would be today. Probably Twenty five hundred dollars something about about that somewhere in that ballpark. But that's still a long way from forty five thousand dollars which is what a liberal college tuition will run you in a lot of places what happened happened. There's a lot of answers to that so on the public college side. A huge part is just that tuitions have increased because state support for the systems has gone down right. So if you're making your state budget from the University of Wisconsin System the California system. There's a certain amount that you get from the state and there's certain amount you taken from tuition and to the degree. The estate funding goes down. The tuition goes up and that is what we've seen in public schools around the country. There's a bunch of things that have happened so one of them is. This is sort of wonky and I'm pulling doing this just off the top of my head. I think it's called bowels cost disease fouls cost. Disease is an idea that over time the economy me gets more productive there's measures of productivity so the way that we think about productivity is like a factory worker. How many widgets can they make an hour? And because of mechanization and computerization a factory worker who in nineteen sixty-five made five which is now in two thousand five can make fifty which is an hour right. Bowels cost disease refers to areas the economy economy that are untouched by productivity gains getting relatively more expensive over time so one of the diagnoses of what's happened with American private education right so when you're taking out tuition you're I'm not talking about like austerity. At the state level wire private colleges getting more expensive is essentially that like college. Teaching is a thing that does not get more productive over time the amount of widgets you can make an our stays the same like an so as the rest of the economy. The relative cost of things like the relative amount of wickets are getting mechanized. The relative cost of a good like higher education gets more and more expensive. So that's one theory. What's happened in private education? Another big thing. That's happened in private education I think is inequality has reared its head there too right. which is that? There's a small pool. People with a lot of money and colleges set their tuition price for that small group group of people so that because knowing they can pay and they can get the most money out of them and then they sort of think. Oh we'll use financial aid to get the other people in the door which SORTA dozen doesn't happen but the way it gets papered over with debt and then the final thing I would say is that like. There's a big step subsidized student. Debt market and also capitals gotten cheaper right so student debt is not really a possibility or much harder possibility to take on in large numbers if interest rates are nine percent in the same way that like getting out of big mortgage in nineteen seventy nine when interest rates are nine percent is pretty tough if interest rates are two and a half percent then all of a sudden. It's like okay. Well I can buy that house or I can get that degree because because the actual cost of capital has gone down. So I think all of those things like the fact that we've walked back from public investment in public universities bombs cost disease in terms of productivity at the teaching level. Oh and the structure of the student debt market and the cheapness of capital have all contributed to this sort of explosion of the Price Tag. I admit I have a vested interest in this. This isn't being a generation. I'm twenty nine and so a lot of people have been in this debate right now. That's happening in twenty twenty about free tuition. It's frustrating for people who I know who have six figure amounts of debt who are hamstrung professionally about what they're able to do and to hear people who were able to go to college edge for six hundred dollars and build up much more capital off the bat like yeah. It'd be great if I could afford to own a home and and able to work at such a minimum wage aged to get to the job that I really WanNa have. You have to make these types of sacrifices and when you have one hundred thirty thousand dollars debt that is extremely limited and this and this gets to something think deeper here which is that for the generation of your generation that at the same time like inflation is low in the cost of lots of things has gone down even in absolute terms the three pillars of middle class life. which is homeownership good healthcare and education? Those are the places most. So it's like you're like yes I can buy a flat screen. TV V. Yes. I can uber around. Yes I do. Rent the runway and get designer fashion for you know eighty dollars a month or whatever which are all like relatively low cost but my healthcare take my education and trying to buy a home in a major metro area are all super expensive. Yes out of reach. I would say okay. There are are a lot of emails that we get to the West pod inbox that have to do with all in and I try and keep those separate because I want this specifically focused on the podcast and if I were to frankly frankly engaged with any of those it would just be bonkers right back. I don't know her but I think that there's a lot of interest I in how we separate or how we approach differently. Well we cover on the show versus what you WANNA cover on the podcast and so just one example was from Veronica who talks about have there. Ben Topics are conversations on the podcast that you feel were essential or wish you could have incorporated into all in. I mean so. Many part of the reason the podcast exists is because the imperative imperative cable television are restrictive in certain ways. There's two big things. One is the attentional economy of cable. Television is different than podcast. Part of the reason I love podcast is podcasts. And the metrics for them in terms of downloads. They're a habitual. So people like just download the way that I used to read the New Yorker. That's the best comparison to me is New York so growing up like New Yorker comes and it's like it's just someone has curated a bunch of things. You might be interested in a lot of times times at first. You're like a profile of the conductor for the Vienna Orchestra. That's ten thousand words. I don't not that I'm not interested in that but I trust it's it's The New Yorker. This'll probably be good and then you really. Wow that's cool. That's the thing I didn't know about Cable News doesn't really work that way. Partly because I think like the clicker is always there. There's a the sense in which our television show. Not only competes against other cable news. That's on at the time. It also competes against other television programming on the time but it also competes against just every piece of television content ever created which is now at everyone's fingertips at all times so the intentional imperatives are. Just you know hard. We're trying to stay relevant and on the news. We're trying to sort of direct. The ship were directing with the wind behind us and not sail into it. So that means is that we take fewer risks. Really honestly in sort of a topic sense. We still do the news and like a particularly when the news is impeachment. That's good important extremely newsworthy. Worthwhile it just means it crowds out other things. There are certain things that like. I wish we did more on the show. We did one second on Kashmir. We've never done the workers offers I think on the show. I think I've mentioned it in different interviews. I've asked questions here and there. We've done Yemen on the show quite a bit. We have climate quite a bit but not as much as I sort of would like so. Oh that's really a big part of the second part of it. That is huge difference. Is that guesting live. Television is a real high wire act. That's fairly high stakes Dick's with little room for error and it's a very unnatural thing to speak in fact form. That best comes across on television in say a a former block. That's usually amount of time we have. Most people don't realize how long speaking takes speaking in thirty second. Chunks is a weird skill and also speaking speaking into mostly when you talk to someone. They're sitting in a studio looking into a camera listening to you through an earpiece deeply natural. So there's a lot of people who are very good conversationalist on like let's have on the podcast because I'm most often talk in the face to face. There's no time limit. And we get to edit it. So if People Oh forget something or stumble like you can just cut it out and that just allows for a far more capricious group of people that can be good podcast guests which is a larger category of people. Then we'll be good in live. Television particularly like rookies. Like we've had people on the PODCAST. Even who when they started out like I've given tiffany. Look like Ooh. This person is not this person is nervous and they're a little stumbling and then by the end the podcast. It's great we can go back and we can take out stuff if you do that on live. TV It can be really death so those are those are a bunch of the big differences. My fulltime job is to keep track of the time on the show. You know you and I know this better better than anyone. Because we're locked into the clock you will never appreciate the length of thirty seconds or a minute until you have to keep track of the time on television show and and when Chris says joining me now usually we're starting. The clock about four minutes is about an average amount of time. That person has to speak the PODCAST. Here is an hour put in four minutes. We want to try and get through three different questions when you start doing the math. You need to have someone who Kansas cicely an interesting way. Get their point across us in not second it's an a sterile. Often they're remote. They're staring into a camera. They're hearing Chris in their ear. They're trying to pretend like they're having this genuine conversation. What they're doing is very hard? It's very artificial heart. And in fact one thing that always factors in on the show and guesting is to me. The guests are always better in person and people are good at TV. But sometimes I will take a role on someone who is sort of new and sort of green. Because they'll be in person they can look me in the is the like for instance nonverbal cues are really important conversation. So when you're when you're talking to someone on the set and they say things I do the thing of like active listening thing I nod my head. I like give them. I give them feedback. That says like you're making sense and I'm listening. They don't get that they're sitting in the studio and feels really unnatural and weird and you start to get in your head head. I know this because I was I was a guest for years. Like am I making sense so we have a question from Ken and he says. Have you considered taking your live. Shows on a state capital tour or in some of the swing states like Pennsylvania Michigan and Wisconsin in twenty twenty and also sort of larger question. How you felt about our fall tour that we did so yes? We are thinking actively about taking the live shows on the road in fact. There's no like formal announcement yet but keep in mind. That like arch might travel schedule. Our travel schedule for Q.. One of twenty twenty January march is looking fairly nuts because that's the most active part of the primary campaign so we have to sort of schedule around that we love doing the fall with pod tour. Those events were really special to me. They felt like nothing. I'd ever quite experienced variance. There just a really fascinating genre of event like they're kind of show they're kind of church they're kind of class like there's somewhere in between those three things. I love doing it. I love seeing people. I was so just like honored by people's attention and the fact that they spent money to come see us And we were just all really blown away and tiffany didn't amazing job. Sort of working at logistics. Along with Brendan Amelia. WHO's a senior producer? Who Sort of had the job of doing that? But I I will also say that like again. I know he worked for comcast which is like literally one of the largest corporations in the world but like this this is really a shoestring operation. Like we only do this because we love doing it and like the tour. We don't have extra Chris Staff like we. Don't we literally have extra staff like so we do this on nights and weekends and just for the podcast like I'll go home on Monday night and on the subway ride home. I get an email from tiffany with the show description for the next day. Which means that like tiffany? Who's worked very long day and has been the line producer on the show and we'd just put on a a television show which is stressful in themselves? And she's got the time then. It goes back to her desk where she liked rights. You know all of this work that we're doing we'd love doing it but it's it is like literally Labor of Love Love so yes we want to do more of it. It's really a question of labor capacity. What do you feel? It brings differently to an episode having an audience and in having people there live having and it's a great question I thank you learn from the best real incisive. I mean I think people probably probably recognize this in like my vocal timbre in those opening monologue set like I do love being on stage in front of a crowd. That's probably been the case. Since I was like five years old old. I Love Theater. I love the energy of alive space of people. I think that comes through in the Friday live shows. We're doing television version. which were really actually inspired by fire? I live podcasts. DC and why. We're doing them. So there's been sort of interesting crossover from the podcast back into the show. The live Friday shows in some ways were based a little bit on the success of the first live event we do Abrahams and they also feature like longer chunks of times. You notice we'll do interviews in person for ten minutes as opposed to four. That makes a big difference. There's just there's nothing like it to me. There's nothing like a room full of people where you're just feeling what the crowds energy is. You can check in on where they are. You can see the reactions in real time that the camera just doesn't give you and it's funny because I think most people in television don't feel that way like people people that are sort of natural. Broadcasters tend to kind of like the sort of quiet sterile nature of a TV studio. They tend to have a very intimate relationship to the camera. And I'm not really a natural broadcaster faster. I'm much more of a natural stage performer. And I think in that respect it's sort of brings out a part of me. That's like a weird way my most authentic self. I think I say yes in front of a crowd. I think that it's weird but I think it's useful for people to know how seeing mm you doing. The podcast has informed all in and how we're trying to like constantly. We're trying to make the show the best that it can be and for for folks that are able to come out and be part of the live audience. Obviously you're released them for you. Guys to listen to. Each show has a very different energy. Yes each episode that we did every staff that we did was so electric but in such very different ways they wouldn't you wouldn't be able to feel and unless you're there so we're potentially going to do more we're potentially you know we want to talk about Accessibility one of my favorite things about doing it was the giveaways and the giants. That was my absolute favorite. So we're GONNA we're that is something that we definitely definitely have in mind and then one more thing to say like I got some feedback about like the ticket price point and all that stuff which we don't really control their sort of it's a contract with a venue whenever but we're not making any money off it like like we're we're we're basically I mean it just turns out that renting these spaces. It's just an extremely expensive expensive proposition. So we're essentially just trying to recoup actually not doing that in many cases but yeah so I know you have more questions for me but before we get to the rest. Let's fit in a quick quick break. Pay Everyone Steve Kornacki here I wanNa tell you about an NBC news podcast hosting called Article two inside impeachment. It's exclusively dedicated to bringing you. The latest developments on the impeachment of President Trump talked. NBC News reporters who are closest to the story to break down. What's new what matters? What what it means for the two thousand twenty election and our country new episodes drop every Monday Wednesday and Friday search? Now wherever you're listening to this podcast subscribe for free. This is from Sierra Sierra. Says this is the first podcast I've ever listen to and I've often heard. Christopher two different philosophical Asaf glady is our philosophers themselves which is not something I've had much exposure to if you decide to do another mailbag my question for Chris is which philosopher or philosophical school. I thought does he relate to most and how does he try to incorporate that into his life. Wow great question thank you Sarah. I would say the two philosophical schools rules of thought that most impact me are pragmatism which is an American philosophical tradition that grows out of the late nineteenth century into the early the twentieth century. It includes William James and probably most notably Thomas Dewey who is sort of philosopher both education education American democracy and pragmatism 's basic ideas kind of a sort of radical skepticism about truth claims but a belief in and the social project of coming to bedrock moral consensus so pragmatism is born of of sort of belief that you can't just kind of reach out into The world of ideas to anchor yourself to some world truth but instead moral truths crews are essentially the product of the Perry and thrust and conflict inherent politics and that it's our job as democratic citizens to sort of work on each other to find consensus about treating each other well and that's extremely influential. It's both skeptical and also faithful in terms of its sort of shies away from absolutes. It doesn't try to sort of build grand theories out of sitting alone room and thinking about your own thoughts as descartes does as the sort of first branch in the development element what we call modern philosophy and it's also kind of communitarian and social in a way that I think is really important A lot of the philosophy. That grows out of descartes is sort of radically individualistic realistic. And part of the pragmatist. Turn now I'm getting really walking. Part of the fragments turn is to sort of like socialized. Those impulses the reason that I would talk about. Existential ISM is because the sort of key struggle of the existentialism particularly Camus. Who is my favorite of them who I reference a fair amount Who if you want to read a great thing that takes fifty minutes the myth of Sisyphus Essay which I referenced on the podcast a lot and I referenced lawn in my life you know the key struggle there is like what is what is the meaning of life life particularly what is the meaning of life if there is no god? The existential lists are all working in an atheist tradition and they're trying to make meaning and they're trying to make meeting amidst the rise of the worst evil bowl that humanity's ever seen in the Holocaust and the rise of fascism and they basically come to this conclusion that like the meaning of life is to just like is the struggle itself is the just like pushing the rock up. The Hill has had to do that. Even if the rock number stays up there that there's there's sort of nobility ability and even joy in the work of doing the struggle of pushing the rock up the hill and I find that a very profound and comforting idea idea I would say if you're interested in pragmatism. There's an amazing book on it called Metaphysical by Louis Menon. which is a kind of group biography of the leading pragmatists and talks about how particular the civil war shaped their thinking and is a really great read? Our last question for the mailbag is from Tim who is an Australian. He says in Australia voting is compulsory. How would Americans take the idea of compulsory voting? Has the topic ever been discussed in your political discourse. And what do you personally think of the idea. It's great question Russian so I think Americans would really not like the idea of compulsory voting. Sort of yeah right. There's a real deep. Don't tell us what to do So it doesn't get talked about not that much. Other democratic reforms talked about much more than compulsory voting. I think that it's interesting. The two countries that I know of that have compulsory. Voting are Brazil and Australia. And one thing that I think people in the left particularly tell themselves is. There's all these non voters out there that if we can get them to vote like we would win every election but there's also a lot of non voters who had vote for Conservatives Donald Trump and it's not clear to me necessarily like how would pitch the balance if you were to run the experiment and have compulsory voting in America. It's also the case as we see. In Brazil compulsory voting is no insulation against right wing political victory. I personally would have no problem with compulsory voting. I don't have like some libertarian. Feeling that that would be some imposition. I think I would be perfectly fine supporting it. I just think that in the list of democratic reforms. There's a lot more that I would probably choose before I would get to that particularly because I think that would be a very tough slog August. I would be happy with for instance just having a national popular vote so that the person that gets the most votes because the president right before we we get where we get to compulsory voting slowdown. Okay the last time we did. The mail bag A lot of people really enjoyed when I asked you some questions about the episodes we had done so the farm please a lot of listeners. Talk about how they listen to episodes more than once Which I think is a great idea but Chris also listens to them after they Upload Upload Listen listen to them and never do the show? Interestingly probably for the same reasons of just watching myself. I'm finally myself in a hair washing myself self. was there an episode. Where after listening to it again you felt like there were things that stood out to your or or messages that you picked up on that? Maybe you didn't and the most. So yeah there's there's a few I thought Chase Strand Joe who is a ACLU lawyer and specifically works on Trans Rights. He's just a incredibly just brilliant. And just one of those sort of minds that is like so recruit just. There's so many ideas floating his head and he so connected between his mind and his speaking and I just I just found so much in that conversation I felt like we got to some really fascinating. I'm deep places about just like the nature of gender and the nature of what we call social construction and how political movements how political movements actually successful movements ends at their deepest level like reorder our conceptual architecture right. So we think about political movements like securing rights laws but the deepest thing and they're doing is like changing the mental categories. We have and I just I I got a lot of that was one of those conversations that I kept thinking about. Afterwards I learned and a ton from the concentration camps conversation with Andrew Pitzer. That was one of those you know one of those conversations where there's a there's just a bunch of facts I didn't know I'm going into reading her book and talking to her. That have stuck with me. As reference points for how the phenomenon of essentially mass interment came to be as a modern phenomenon particularly born and in Imperial Warren Conquest a particularly the the amazing plot twist of them concentration camps first appearing as a humanitarian intervention intervention like look retreating these people. They're all in the same place and they're getting care and kind of like darkness of the ways in which states I can tell them selves and their and their citizens lies about what they're doing Oh we did stay here which was everywhere. Yeah the which was amazing? And she's just incredible and I just you know she's a star for a reason and that and she just I mean Gosh just you know. It's a very hard thing to be a politician and be like quote unquote on Fintech. And like what does authentic mean. I don't know obviously there's an incredible gender baggage that's often attached to that. There's other kind of I think racially coded baggage about WHO's real and who's not but there's a thing with like certain politicians talk like normal people and certain politicians don't and there's he's just a really big difference in and she's just one of these people who has been in politics for a long time. It's not like she's new to this just talks like an person like you feel like you're talking to a person and that's actually actually a really rare to rare trait among politicians are there. Are there any On here where the conversations went somewhere that you weren't expecting there's a few. I thought the the telling the climate story live podcast without a mechanic. I know you doing there. I mean honestly this. He's like that whole thing was I was like the day of he literally was like. What am I what are we doing? What are we doing? Well what did what did I. Don't even remember what my idea was. Let's for the show like why did it. How did I get here? That was one of those great moments where you have had those like whisper of idea. That was not really thought thought-through or fully baked I had not met. Omar had no idea how he was going to be. I literally came to Tiffany. Does like do we have any video. That guy talking like again day of of like did and it was just such a delight as so both of them are so brilliant and funny and charismatic and all of it the entire conversation. I could not have told you what was going to happen and yet it all happens great. I felt that way to Tony. Kushner and Jeremy Harris with even Kennedy and with Nicole Hannah Jones like they have the big body of written work on the topic. We were talking about so I knew I knew they were coming from but with those other two. Yeah I didn't know and then the other one that was that way which is another live event was cruise which was also kind of experiment and I went into that being like. I don't think anyone wants to listen to us like argue for an hour but then when I was like oh I guess we're doing our you tried your best you put in A. I actually got a lot of interesting feedback about people being like that was I thought it was like a good model of it was civil like we weren't like jerks are nasty to each other and we weren't ad Hominem hominum but we also weren't denying we weren't like making like we were. We were arguing. But I thought that was like really sort of good model of that kind of discourse All right lastly the last time we did this we talked about the things that we wanted to do. The next year we accomplish those we had had elected officials. We on Congressman Max rose and we had congresswoman Cathy Porter. You wanted to live shows. We did that. You wanted to do an hour meditation tation on our own mortality and we chat to me that which a lot of people loved against you know power to you and you wanted to talk to more artists which we also so did. We had them on our live shows had playwrights we had an author we had Salman Rushdie so twenty twenty we can the secret visionless into Suryadi. What do you WANNA do? You know what I like to. I would like to do more interviews with people that you have never heard of and by that I mean like Louis Louis Mancino. Who is the asylum-seeker George Gale I don't know if he was this year or not but he is a like an organizer in sort of rural parts of he was January. Very eighth right so this year like some of the best ones have been people like. There's certain people that we have on that are public intellectuals that have written books that our elected officials but some of the most amazing ones have just been people with interesting perspectives and stories. And I'd like to do more of those this year. That's that's the thing that you really can't do on the show like you can have a book author on the show. It's it's not the same but you. It's really hard just like be like. Here's a person with incredible story. An incredible incredible set of perspectives to share that bears on some big issue that we have. And so I'd I'd like to do more of those. Those are part of people to find right because the way that we generate ideas is like. Oh this person's book out or I saw someone wrote this essay that I thought was interesting. Maybe we should book them so those are like more. It's more happenstance. Yeah but you know send recommendations for those kinds of people to grinning great awesome. You should talk in my own is so interesting the thing is we do get a lot of those and I love you all every single one of you that you take time him that you right in that you listen I just value in chair Shelia view and that is what I'll say all right all right. Thank you for listening. Thanks to everyone in. Who worked on this podcast this year? The folks who did the to our PR marketing the event strategy. That our our editors thank you. Thank you Thank you most happy. Holidays everybody happy honest committee. Hey It's Chris as if you're a fan of my podcast wise is happening. Subscribe to get the latest episode. Every Tuesday spread the word. Your family and friends and rate US ON APPLE PODCASTS. Five stars if you're into it.

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I Lost My Job and We Can't Make Our House Payments! (Hour 3)

The Dave Ramsey Show

40:14 min | 4 months ago

I Lost My Job and We Can't Make Our House Payments! (Hour 3)

"Why from the headquarters of ramsey solutions broadcasting from the dollar car rental studios. It's the dave ramsey show where debt is dumb cash is king and the paid off home mortgage has taken the place of the bmw as the status symbol of choice. Chris hogan ramsey personality is my co host. Today we're taking your calls about your life and your money open phones at triple eight eight to five five two to five. That's triple eight. Eight to five five two two five now next week in preparation for christmas we will be doing our annual giving show. It is one of the more popular shows we do. And we devote an entire day of shows to giving stories stories where you call in and tell about the time that you were able to help someone able to give able to be outrageously generous or some time that you received something that means someone else's giving it's still a giving story. We want to promote and encourage outrageous generosity. And so if you have a great giving story or receiving story to help someone be inspired about generosity. Then you just you just email kelly at dave air at ramsey solutions dot com dave on air at ramsey solutions dot com. Just put giving story in the subject line to a little bit about the story killer. We'll get back to you. We don't tell you what to say or anything like that but we just line the calls up so that we can get you lined up on the air and chris. We've had some great giving stories over the years. We had two of them in house this year. One each of our team members thousand team members. We gave them two hundred and fifty bucks each. Yes with the requirement that they find find someone in their life and could be a family member. It could be a friend it could be even an acquaintance that was affected by the pandemic this year and was struggling and hurting and in some way. Just be outrageously generous for that. Two hundred fifty dollars And we had some wonderful stories. Come back on that. People are able to find all kinds of situations where two hundred fifty dollars completely. Changes rock the world. And i'm gonna tell you haven't heard a few of the stories. It's one of those get goosebumps just because We've had single moms be impacted. You've had people that with health issues that have been impacted that truly Are going to have a different type of holiday season Because of that. And i can't wait for us to see the whole compiled list Just the ripple effect of that dave because once you have that mindset in that heart what happens is you begin to to make a difference and you can talk about it or b about it and Through through through ramsey solutions. We were able to be about being a blessing to people. Yeah and the second thing we were able to do was. We took some christmas party budget this year and we used it to buy old bad debt. We bought ten million dollars worth of medical debt and Old car repossession debt in credit card. Debt eight thousand accounts. And like i said there's roughly nine hundred seventy s brought about about thousand of us and so we gave everybody eight people contact and tell them that their debt was forgiven and the stories. That have come out of that. Were absolutely amazing. It's jesus's birthday god. Send his son so that we're forgiven. Were christians and so we'd like celebrating that and we do it loudly and boldly and so we're gonna forgive your debt. Ten million dollars worth and some of the stories back on that. The amount of tears were incredible. Listen i don't know why this hasn't been picked up by major news network you all. Well i know it's ridiculous but to hear people you gotta hear this now. This is old debt. It could have been hanging around for five years or more right where people haven't been able to make progress on it and to get a phone call not a collection call but to get a phone call from somebody to tell you that. That's been forgiven in jesus name. You can't imagine the responses we got. You can't imagine the relief that people felt to have this thing. That's been around their neck with this thing. That's been in the back of their minor. Their spirit for it to be removed was amazing. Absolutely amazing ten million dollars off the books gone like a racist And we had dollar amounts anywhere from five hundred up to fifteen or twenty thousand but it didn't matter it was you could hear the joy and the people's voices and i'll tell you that's a job. I would take all day long to make those kind of phone call cop. People talking their dance forgiving. Yeah that'd be great job all day but interesting to calling. Because i had like ten people to call and everybody else had eight but i got ten. Because it's kind of like my company show I really. I never got a personal. I got i got three. I think i got four voicemails and left the voicemail and then i got a bunch of disconnected ninety two and so the because obviously if you're in collections you don't pick up strange phone who don't pick up a strange phone number anyway if you're not my caller id. I just figure you're stupid. Don't call on me so boom you're gone You can get touch with me. Some other way Just don't take phone calls that much anyway. But anyway i am. If you're in collections. I suppose that way up. 'cause you know some dubar trying to hassle you. So didn't they open up their voicemail. It's me on there. Going one almost thirty six thousand dollars are debt forgiven. I was pretty cool. But i have no idea but I just love to enforcement but some of them are calling back into The ramsey concierge team here in the story too. So maybe maybe some of mine got through but you kinda got a feeling what. It's like to be a collector. You got a bunch of beatty. Number's disconnected right. And that's what you do all day day. You did back in the day. I would give out money at the first of the month. And then i got much. What what does that mean so to be on this phone calls. They're people still in counseling. Even knock on doors. Oh no today. Yeah oh i know better now. Yeah i'm on the right side of the process. I'm preventative medicine away. You're you're not yes. You're not on the dark side. But did i really did. But the cool thing was not only we call them and leaving that voice voicemail. They're going to receive letters from us confirming it and you all it was just a blessing and i i just i want to encourage you out there especially this time of year. You have people that are struggling and they look like everything's okay On the outside faces okay. How's everything going just fine. They'll even tell you. I'm okay or everything's alright. I truly you know those people. And i want you to make an impact in asking and brain for him but also giving and small and big waves and if some of you are are going anywhere where there are valets or servers or any anybody in the hospitality world. They all are operating on about twenty percent of their normal income. Because it's just their lives have been screwed this year by the shutdown. And so you know you really. Somebody delivering a pizza to your house yearly. Need to throw big tip on you. Store tip triple quadruple tip everywhere you go during the holidays especially real quick. There's an fpu class One of our team members sent this to me. They were meeting and doing the social distance but they were still doing the class while they called order pizza this guy to the door. They give him a copy of days book. Totally makeover and retire inspired. But there's an envelope inside of it. They had collected a tip for this guy and gave him four hundred dollars. Okay the delivery guy holding the book and the cash and he goes. Are you serious and they were like absolutely. This is what this class is about. We want you to read these books but be blessed. Yeah and that was really cool. They got it on video. It's awesome. we're going to giving stories like next week. Send us yours. Send us yours. At dave on air at ramsey solutions dot com. And we'll get your lined up to be one of the callers next week on the giving show at tacoma's we believe a great pair of cowboy boots should be comfortable right out of the box and we believe that your hard earned dollar should go far so we only sell direct to you. Know retail markups. Just amazingly handsome western boots for men and women find your parrot to kovas dot com slash ramsey and for a limited time use promo code ramsey to receive a free campfire mug with any purchase over one hundred dollars. That's a twenty five dollar value offer valid online only while supplies last. And it ends soon. We're talking about the ten million dollars in debt. We paid off anytime someone becomes debt. Free everything but the house where everything including the house. Something happens inside of you sometimes. It's a real dramatic. You can just hear it. Click and sometimes it's a little more subtle. It's just kind of smooth but either way. It's the sound of chains dropping because the borrower is slave to the lender when i hear a debt. Free scream. I always ask who the cheerleaders were because getting to be a freed former slave requires some cheerleading and a lot of motivation. And a lot of scratching and clawing and a lotta scrappy. So if you're ready to make some progress on your debt you need some motivation join ramsey plus and go through a step-by-step money plan with people just like you who were trying to get out of debt. It's good to have some comrades in arms some a band of brothers to fight beside as you're doing this stuff. Our most popular class financial peace university is of course part of ramsey. Plus you connect directly with people who can hold you accountable and encourage you to stick with the plan of stay away from s chris. Stay away from stupid. It'll sneak up on you as a ramsey plus member you get the tools and the practical tips you need to pay off your debt. Fat asked the fastest possible way so that the future. You're working toward obeef there for you. You can get out of debt and you don't have to do it alone. Join financial peace university class after become ramsey. Plus member to start your free trial of ramsey plus and join a class. You text the word. Join two three three seven eight nine. Join to thirty three. Seven eight nine is in houston texas taylor. Welcome to the dave ramsey show. Hi thanks for taking my call today. Sure what's up Yeah so my husband. And i are in baby step two. So he's farther than the temporal this year. We've paid off about six grand or so. So i yeah we still have a lot of debt to go but we know we need to get rid of one of our vehicles. That were by down My question is how to best go about that. So we're probably about forty forty five hundred four thousand upside down Do to or to private self. So do i put that money towards just principal payments or do. I say that into savings until it's time to sell and then apply it to alone or does it not really matter doesn't matter okay. Either one and i would count. If that's a car you're selling. I would take four thousand five hundred upside down amount. Put that number in your debt snowball. Okay so just put that in. But i can pay so okay. So what do you know snowballs. So we have that oehler than that at this point. so should we just Your No we have a few credit cards. That are below that out and you'll knock them out before you do. This car deal properly would knock out the card then. I would knock out the car. You save up the five grand to get out of the car right or pay it down five grand either one. Get rid of the car and of course you gotta get your little beater car to get around in to write. Yeah well we're depended on one clark because he gets a work truck. So i work from home so i just take my car to get there needs to a okay. That makes me feel better. 'cause putting that money in savings kinda scares because only scare me. I'm like ooh. I could apply this here because we gone super crazy. Were over east and we're doing all of that fun stuff that we're really excited but it's really very just to put that money aside and then apply it all in doing so good. You guys are doing a great job. Yeah keep working your debt. Snowball like keep that money as it comes in keep it moving directly toward the debt everything but a thousand dollars and what that's going to help you stay on the path so taylor proud of you all this the time of year. Don't let your guard down. Stupid is lurking around every corner so be intentional I've also noticed you can't let your guard down on food this time here on food and money while you search bros and you get a year. You went to meddle in. Yeah i'm i'm i'm on salads right now which is frustrating. 'cause salad isn't the food salad is a promissory note. Like more food is coming. And so i'm having to adjust my mindset especially if you're from the south salads or putting our gravy on salad the south see. I think we've found your problem. That's what is in sacramento jocelyn. What's up high game Critical are you going great. How can we help. I'm i'm calling. Actually because i'm a little bit in financial situation and i was really hoping you can help me out so me and my husband. I purchased our first hand Last year and ember and now. I've lost my job and we literally cannot make ends meet and i kinda wanted to see. What was your input on. We did get the health evaluated and actually at unless their value now And then the forbearance that were coming on as a as onto ashley so That's one of the situation. I mean i kinda wanna know. You owe more on the house than it's worth. Yes why because you have been paying payments through the since november No not november April okay both of you. I'm now i'm so. Both of you lost their jobs. Just my husband. I mean just myself and my husband's only one providing right now and you were to consume He makes sixty five thousand a year. How much is your house payment. Two thousand six hundred good. Lord what did you. I the same thing that he did. You gotta house. Before i know. Ultra okay yeah. It's it's a little scary We do have a little bit of money like what does the barents sound like. You're you're not. You're just not paying payments right. Yeah not making any such as default. Yeah exactly because of the day. You're still responsible for that money so you have. You talked to the lender. Have you tried to start a house on a short sale. Yes yes so we we We were actually in the process of a short south however the agent that was supposed to be helping us. He wasn't very honest. He actually falsified some people work. And i no longer. I'll comfortable with him. So i actually terminated That passes process over with good real estate. Eh get rid of this house not going to end well. You can't just sit and not pay payments indefinitely eventually. The them and you've got to work through the lender to get approved for a short sale And god i was gonna say jocelyn not only. do you have to work through that process. You also need to gain agreement on what's going to happen on the dollar amount. That is short like they need to get it in full writing. You need a real estate agent that has experience in dealing in short sales on what you wanna do a loan without a short show without recourse. Right you're not in the how on the hook for the balance what's what kind of hiv a or conventional. All right so here. Here's what you've gotta do. You need to get online at daveramsey. Dot com click on e. l. p. for real estate. Find an endorsed local provider in your area that we recommend they've got the heart of a teacher interview two or three of them over the phone and ask who's got some short sale experience. You short sales are not as hot right now because the market's so hot even in sacramento. The market's so hot. I'm really proud. You're upside down this house. It's very unusual in that market in so either way i'm going to get this house on the market and get sold short sale and you gotta put a lot of effort and a lot of time and a lot of energy with the agent in the causing that to happen because this is going to not sneak up on you it's going to creep up on you and knock you in the back of the head. This is not going to be pretty. You have got to deal with this and so get this thinking how sold if you do not get it. Sold your worst case. Scenario is if you don't pay payments there eventually just gonna take it. It is california and it takes for ever to execute a foreclosure there so you may be three or four years behind before they get around to it particularly in a pandemic so but that doesn't mean it's not gonna come in all of a sudden so to speak you're going to have a problem and it's not really all of a sudden so let's get this thing sold and let's get you re employed and then don't get into a house payment stink and fifty percent of your take home pay again. That was just nuts even before you lost your job. This is the dave ramsey show In an uncertain world being a good steward of your money is more important than ever. while some circumstances can't be controlled. There are items within your budget. You can take charge of such as your healthcare. Costs for nearly forty years christian healthcare ministries c. h. m. has provided a budget friendly means of sharing for medical bills when our members need it learn more by visiting c. h. ministries dot org slash budget that c. h. ministries dot org slash budget in the lobby of ramsey solutions on the debt. Free stage. justin. Heather are with us. Hey guys how are you good. Welcome where do you guys live. Avoca michigan all some good to have you. Welcome to nashville. And how much have you paid off. Seventy two thousand two hundred and sixty dollars all right love it. And how long did that take you. Eight and a half months good for you. Wow and your range of income during that time while we're self employed so in two thousand and nineteen. We had eighty thousand dollars and this year we're projected to make between one fifteen and one twenty. Wow very good excellent. What are you guys do for a living. I'm a carpenter home remodeling and stuff like that. Okay very cool. So tell us. What did you pay off while we had two thousand dollars worth of coaches fifty five hundred dollars for classic card sixty six hundred dollars for a dirt bike ninety eight hundred dollars for another classic car. Ten thousand five hundred dollars for a dump trailer and thirty seven thousand eight hundred dollars for a student loan. Wow so like somebody had some toys. Well yeah well come. Responsibility for that won hers was only student loan. I wasn't thinking about her. That's so great somebody so you must have had some money in savings or you sold something. I'm we sold about twenty four thousand dollars worth of stuff which we sold. The i fifty four hudson hornet. I and justin sold the brand new dirt bike. He got. He didn't even get to ride it. We're in michigan. We bought it in november and it was gone by the march so no time to write and the winter and then we also sold some tools that he had laying around and about. Oh wow okay so you sacrifice some real stuff here. Just what happened what caused you ought to get serious. Well you know stuff me. Y'all i look at the kids every day. I don't wanna give them a means you know. Show them teach them you know so they can provide for themselves and better themselves and think You know with owning our business by the time the end of two thousand nineteen came. We had all those loans and jostles for contractor that when he paid paid really wild but getting him to pay was a job in itself and so trying to float paying our subcontractors keeping the business going with buying materials and the expenses for and then also paying ourselves the way to that got really heavy and we were working basically for nothing. And i and i think the other thing too is we realized we had our priorities wrong. And that we need to put god i and Once we put god first in our life then all that stuff just became stuff. It didn't become the source of contentment that we're looking for and so once we did that. It was like the floodgates opened. And it's like you say you know god realizes you can manage a small then it gives you more and as the year long we couldn't believe like the prophets that we were getting from these jobs and we're like we get this much money and just blow it or like. I don't know the answer to that question. And we had a few bumps along the road in july. Got into a car accident. And i so we were pretty thick into it and we're really close to being done and johnson had an eighty five chevy suburban laying around i that had no air conditioning. The radio didn't work. And i it was. It was not my first choice of car but I've actually named for bertha and drove her with pride because we were not going to get another loan and actually we ended up getting the car back and seeing the progress that we had with a little left on the student loan i was like i don't care about getting fixed up like let's take the money that we're going to us to fix up the car and i don't have to see the outside of it. It's fine on the inside and we tacked it on because we just saw how fast it would progress like getting out of dot sooner so when originally started we thought it was gonna be two years and i convinced him to only take eighteen months and then it turned into a year and then as we just kept going and just kept piling and looking at everything that we could sell it just turned into eight and a half months and we were done turned into a game I mean once you turn loose things mostly. It's like okay. how can we. What's the this like tetris. Working working on we shot this money to make to make this debt snowball role. Yup and. I was listening to your show and you had Someone on he said something that really struck a chord. Who was that guy is not a transactional and non relational god. And that you know he's not going to give you the seventy thousand dollars but when you commit to it. He finds he gives you a way to do it so justin had lots of opportunities for work. We had all this stuff that became such a burden became a blessing in a way because it became a means to get out of debt. And get out of i the mess that we had made. Very cool and justin. You talk about your kids. Being your motivation. How many kids do you all have. We have three holder Five and a half almost four and almost two so in in the stuff is just stuff. You don't know okay. I don't have a brand new dirt bike. I have a twenty year old dirt bike. I have a twenty five year old car. It gets me to work the same way we'll thrown. So what's it really matter. You got your priorities straight. well done. How's it feel to be free. It's amazing when we sent luck You know like all we have is just our house payment. you know. it's just such a weight lifted off and you know being able to show that for the kids to you know. We're starting to teach the five year. Olds i about giving and saving and spending. And she's got her chores around the house and she just went and her first toy from earning her eight dollars of dishwasher. You guys are incredible. Well down he rose very proud of you. What do you tell people. The key to getting out of debt is well being on the same page us. Because we've actually known about you for ten years and we were ramsey ish for china those years. We're actually match you seven years ago at your other building and we get on board but then you know doing this is it's a commitment and you know like i. It was something that we didn't think we'd be able to do. And we thought we were better than the average person because we did have a thousand dollars in emergency find. We did have a loose budget and we would get along and we pay it off early but then going at another one and then going and get another one and okay laughter. this one. we're gonna get into it and we never really did and then finally when all that kind of way down. You're like okay. We got we got to it to knock it out now. Get discussed that. After some point game on 'til all hours of the night nothing to show that feel like a rat in a wheel run run run run getting nowhere. Well done you guys very very proud of you. Got a copy of chris. Hogan's book for you every day. Millionare's that needs to be the chapter in your next chapter in your story. And the kiddos join you for a debt free scream. What are their names ages. This is addie. And she's five. This is emmerson and she's almost two and this is hudson and he is almost four. Wow you've got a houseful. this is awesomeness right here. Well you've changed your family tree guys. I'm very proud of you very well done very well done all right. Justin heather addie hudson and emmy seventy two thousand paid off in eight and a half months making eighty to one hundred fifteen. I sold everything that wasn't l. Down count it down. Let's hear a great debt. Free scream three two. Why well done you guys. Oh wow very very well. Absolutely these young people. These young kids are gonna have a whole different future now. Mom and dad have taken back control and have a path and have clarity on. That's fantastic you guys just starting to legacy and it's amazing. It is amazing. You're looking at a family tree. They got changed those of you watching on youtube. And i gotta tell you. That's a real thing it really happens. You know rachel. Cruze was born the year that we went broke and we started understanding these things and Of course our older sister denise was a toddler emerges hanging on by thread. that's a year. our life was changed. We should never again never again. And now rachel's kids assess so and you know the family tree changes you aren't you are changing it but you have to make a decision and you have to draw a line in the sand and go. That's it we're done we're done and you don't have to drive a twenty year old something the rest of your life but you do until you don't make those sacrifices it's a requirement. You gotta do it until you don't got to do it though that's it and you pay cash for it as you go. That's the way it very. well done. You guys proud of you. This is the dave ramsey show Our scripture of the day second timothy three sixteen to seventeen all scripture is breathed out by god and profitable for teaching for reproof for correction and for training and righteousness. The man of god may be complete equipped for every good work. Zig ziglar says what you get by achieving. Your goals is not as important as what you've become by achieving your goals open phones at triple eight eight to five five two two five chris hogan ramsey personality is my co host today. Here on the air you jump in. We'll talk triple eight. Eight to five five two two five fort knox kentucky. David is on the line. Hi david welcome to the dave ramsey. Show hi dave chris. Thanks so much for taking my call. Sure man what's up. Hey so. I am if everything goes right. Starting law school with this upcoming fall Now unfortunately i don't have the money to cash flow it but i am in the national guard and do offer overpayment program if i reenlist Not have money for this upcoming year to max out my roth. Ira and my question is should. I still invest and rely on that student. Loan repayment plan for the guard. Or should i stop investing and start saving to pay off the law school well law school's in investment also a better investment than a mutual fund. So i i would stop all investing in cash flow everything and you'll get the money anyway from the national guard and not just cash flow the next semester or the next year okay so the student loan repayment program. I don't really see the full fruition of it until about five years not for law school eight year. Timeframe is just worrisome. But i that makes sense. Why will you not see until five years after so In order for it to actually be applied to my law school loan that have to reenlist after loss done. Oh start paying on it for another year. So it'd be at least four years going any money. Okay okay gotcha yeah. I'm going to do everything. I can to cash flow law school then and then when that money comes it'll just be a repayment point right. Yeah absolutely because. I mean they're going to do that. Program they're gonna follow through on that without a doubt. Yeah that might be that. Might that might change your plan a little bit but neither way. That's that's what my and congratulations. Well done and thank you for your willingness to serve open phones at triple eight eight to five five two two five. Zack is in redmond washington. High zach welcome to the dave ramsey. Show hey dave going. Better than i deserve. What's up found good. Hey so my wife. And i in the last year recently bought our first proper down you graduated two years ago and and our mortgage broker reached out to us and said that she can say with like four hundred dollars by i guess. Interest rates being low and all that She said something in her explanation about rolling over all of the money. We'd paid into the mortgage into this new one and how that made her not have to I guess get the house reassessed I didn't quite understand everything. And so i don't. I don't know if the four hundred dollars we're looking at or if there's other i guess side effects. Ha loan. yes okay. What she's proposing. What's called a streamline loan and the interest rate is a little higher than marketplace interest rates are and then With the interest rate being a little higher they offset that and they don't charge closing costs. I make sense. Not sure not totally. So i'll tell you our original loan with like five eighty five at Three point eight something percent And she is proposing like two point. Nine nine percent would be the new thing I guess in my head it made sense. That was such a lower interest rate on such a high amount of money it would end up costing us less but obviously i don't know that's not what i'm saying is the interest rate you have today is what three point eight seven five. I believe. And they're quoting you. What on the new one two point. Eight seven five or two point nine okay so one percent depending on credit and you have any closing costs on the quote. You've got She said that they were going to cover any upfront costs. And but i did take a look at the. She said it would cost about three thousand on the tail end of alone like i was paid overtime. Oh they just rolled the closing costs in. Okay so it's not a streamlined. Okay streamlines they don't charge closing costs on in the interest rate is higher but two eight seven five not a not an above market rate. So that's about a market rate and so that puts you in pretty good stead there So you're saving one percent on five hundred thousand dollars which is five thousand dollars a year in interest. Okay so and if it costs thousand dollars on the back it was worth it. Okay so this is absolutely something we should do is what i mean. Well the scenario. Just the scenario dave just laid out for you is the scenario you should do. I don't know what your person was talking about. sounds like they're talking around you instead of to you So i'm gonna reach out if i'm going to reach out talk to churchill Talk with him about what you're looking to do and understand the difference call churchill mortgage and get a different clubs and see what they can quote you see how that compares and also try to get a little bit better explanation as to what you're getting into the typical thing you'll have is you'll have some closing costs and if you have the equity you can roll the closing costs in meaning borrow them the come off the back end of the loan word of mouth or they are they added to the loans is all it is and that's okay to do if you're in baby step two is not a problem at all but but you're cut you're saving your abs nothing out of pocket or virtually nothing out of pocket and you're saving five thousand dollars a year in interest in you can go ahead and you should go ahead and make it a fifteen year fixed which means you're probably not gonna save four hundred dollars a month anymore right but but you are saving foreign interests it'll just be going towards the principal that's right and you're getting rid of sixteen years and also with fha we're gotta keep our eyes open you all because now That pm private mortgage insurance can be on those loans for life. Okay so you got to go into you gotta get right people on your side so you know what products are dealing with and what makes sense for you. Yeah i makes that. That's exactly right. Chris is in milwaukee wisconsin. Hi chris welcome to the ramsey show. Hey guys are you better than i deserve. Sir how can i help. Hey so i have a bridge account slash investing question for you guys Thanks to both of you. My wife and i paid off about four hundred thousand in student loans year. Wow we the together we make About four hundred k And so my question. Is you know right now. I'm max out my 401k. Ross of nineteen k. And we have all this extra money. Come in Trying to figure out where to put it I have a combination of three hundred thousand in rollover and rosh Roth ira's and so my first question is the tax question. I i have former employees. 401k's that are now enrolled verse. Kim my wife execute the back door. Ross and avoid the pro rata rule and then my second question is even worth doing any of that for the for the back door off On her end where you can you can do backdoor roth and their pro rata really do with it when you do a backdoor roth sharing i chairman. I do a backdoor roth every year. Got it rollover. Ira's don't impact that they do not impact that at all. No okay god and chris white baby step are you on. We're getting close on time. What baby step are you guys on. Right now So we just want to figure out how to invest a fifteen percent and then we're going to go sir paying off the house right well and the beauty of it is doing the fifteen percent. This is what i was getting at. Do the fifteen percent. Then you need to turn your attention to the house. Once the house is paid off now you can begin like getting to fifteen percent of four hundred his a lot of jaric so yeah but reach out get with a smartvestor pro and sit down. I'm proud of you guys. Didn't afford or thousand student. Loan debt so big deal absolutely slated man very very. Well done chris good show today. Thank you sir. Spun james childs our producer. Well done kelly daniel associate producer and phone screener great show. I am dave ramsey. Your host will be back with you before you know it. In the meantime remember there's ultimately only one way to financial peace and that's the daily with the prince of peace christ sheets. This is james childs producer of the dave ramsey show. You can listen to dave. Rachel cruze chris hogan for the rest of the ramsey network anywhere with the ramsey network app on your smartphone. Catch all of our full shows browse by topic or sink clips to your friends that to the app store and download the rim network today. Hey if you've got questions about retirement investing or becoming an everyday millionaire. Go bigger and broader with my man. Chris hogan on the chris hogan show. I am excited to be able to talk to you all weekend and week out. We're going to focus on your calls and it's going to focus on building wealth investing and how to become an everyday millionaire subscribed to the chris hogan show wherever you listen to podcasts. Hey it's james producer of the dave ramsey show. This episode is over the check. The episode notes for links to products and services. You've heard about during this episode. Thanks for listening.

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The Tom Dupree Show  8-9 am 4-27-19

The Tom Dupree Show

51:04 min | 2 years ago

The Tom Dupree Show 8-9 am 4-27-19

"The following is a paid program on six thirty wwl P. This is the top two three show on News Radio. Six thirty wwl V and wwl AP dot com. Well, I guess you know, why? My name is. God said bin. In you. On your shades. You know, put the call. Oh about general zoo. Sit around the house watch too. Here's. Swear to the ASU. Joe? Back on the Tom depre- show will Steve Miller. Welcome Mike Johnson to the show in more house getting clap on. Yeah. I remember listening to him back when I was fifteen years old Steve Miller band. Yeah. They they've been around a long time the late sixties, even I think early seventies thing. I've always liked bound to their harmonies are great. Yeah. They law their songs. I mean, it's just the real catchy, right? Mike. We got some stories here that we want to cover today and. You know, the market has hit an all time high this week. People don't seem that concerned. No. I mean, the the markets liked to climb walls of worry. And there's been plenty of worry in the last six months, right and. All the the everything I've read, you know, it's the you're still not seeing this euphoria in the market. I mean, even though the markets hitting new highs. A lot of institutional money is still pretty conservatively invested. You know, a lot of cash on the sidelines. And so it's to me. I mean, I mean earning season that that we're in right now earnings, and we'll get into a little more deeply here in a second. But earnings in general have been good and beaten expectations. I and so I it's to me. I mean anytime anytime you make a new highs on something it gives you pause. You're right. You're always looking to see, you know, how're things valued. But in general still pretty optimistic it we have a lot of things in our portfolio. They're still well below their fifty two week highs. Absolutely not like everything in the portfolio is banging on its high for all time high. That's right. Just purely from stock price, and then definitely from a multiple standpoint. Because a lot of these companies that have not hit gotten back to their fifty two week high. There earnings have been really good, right? And a lot of them have raised their dividends. So the yields are attractive, so you know, in general pretty optimistic. Yeah. Yeah. I it seems like it's social security costs to exceed income in two thousand and twenty trustees say you got an article there which talks about a little bit about how it's invested. Right. So they had a study come out. This was on April twenty second. But the social security programs cost will exceed its income for the first time in twenty twenty is the first time since nineteen eighty two and they're going to have to dip into they call it the trust fund, which is about three trillion dollars. I think. It's about I think exactly it's two point nine trillion. You're either going to have to dip into that. But this report that came out by twenty thirty five the trust fund will be depleted and social security will no longer be able to pay its fully scheduled benefits. Surprise surprise surprise. I mean, this is something that everybody knew. I mean, you look at you look at any of these federal state anything, you know, pensions which social security is gross mismanagement, you know, benefits that are more than they can afford. And this isn't a surprise. But it's kind of a smack in the face wakeup call. I think people that are still working you have to know this kind of stuff going into potential retirement, right? Don't rely on the government to fund your life. You're in. You're in retirement. I mean, you you you always have to take steps to protect yourself. That's not relying on someone else. Yeah. Specially the government, you know. What will inevitably happen is that they'll try to raise taxes in order to pay this off. So that the the fact that they gave the benefits away to generously and didn't invest the money in a way that could have made them money will fall back on the tax payers. That's right. You know, some of these sovereign funds throughout the world, many of them invest in stocks and other kinds of. This. Yeah. The the there's one right on that. There you go social security. It's this is this is, you know. The way they asked this question. I love it. How do you run a pension fund into the ground while the stock market? So as we were just talking are hitting new highs. It's simple. You don't invest in stocks. That's right. And that's what the the social security by mandate. They cannot invest in stocks. So throw a couple statistics. I mean there there's a lot of factors impacting social security, it can you no longer life expectancies declining birth rates wages, and and then just the the payouts that they're giving. But a big thing that could benefit social security is allowing it to invest in stocks. So this year US stocks are up around seventeen and a half percent social security money. Has grown from an investment standpoint point eight percent. How about that? Unbelievable. I mean, you you they're facing this this gross underfunding and yet they're invested in short duration government bonds. You could make the argument that of any person of anytime anywhere or institution the government. The US government should should be allocated. Maybe a one hundred percent to stocks. They can afford to take the risk of having. You know, the well, actually I'd I'd argue that the greater risk is what you're facing right now, which is not gonna earn enough. You're not earning enough. But over the past five years social security trust fund has earned a total total not annualized total of seventeen percent. Sent on the investments US stocks over the same period have earned forty nine percent. Since nineteen eighty social security's investments of lagged the US stock market by four percentage points a year if you'd invested one hundred dollars in social security, you'd have only fourteen hundred dollars today starting back in nineteen eighty versus over sixty six hundred dollars. If you've invested in the US stock Marco sixty six times your money. Yep. Versus fourteen. So at two point nine trillion social security, it it's the largest pension fund in the US or really about the world. So think of it like like, you would teacher's retirement or any any corporate pension fund? They have one hundred the US if you think social security hundred seventy five million workers. And another sixty million are already receiving the benefits, but the the idea of investing in stocks. That's not that's not foreign a lot of around the world a lot of sovereign wealth funds in Norway. You know, a number of them, you know, own stocks right in there. Why would you not? I mean this. This was something, you know, when Orissa, you know, came about that was in the that was in the seventies ride in nineteen actually right here. I got the exact date nineteen seventy four and that's what allowed pension funds. One of the things that did was allow pension funds to invest in stocks. Right. And they didn't change it for social security is just this is just should have gross mismanagement. Just one thing after the. The other from from the benefits that are paid not taking in enough. You know, actuarial tables being way off. I mean, all these every single step the wrong. Yeah. And you know, these people that argue that well, you know, you you should let the government, you know, manage, and, you know, they're they're more efficient with with tax dollars that are going to distribute it correctly, right? Look at social security. I mean, this is just one one example of just. Where the should have been a little more willing to take risk, and they didn't willing to take risk at Dag on it. What they should do. I mean who who out there wouldn't say, okay. If you had the choice of either taking what you're paying into social security as your own right and treating it like a four one K or something, you know, a federally mandated retirement plan versus given it to the government where it's distributed out, you know, to to everybody ninety nine point nine percent of the people would probably say, let me use my money the way I want to use it, and it's more efficient and the results are always better. Right. Stay with us. You're listening to the Tom depre- show with Mike Johnson is NewsRadio six thirty w bay. What's going primary scandal cases of measles? Tax ten wanna be four. The border child separation full court check in and catch every day for everyday lights teams radio six thirty WLA feed. Hi, this is Tom depre-. A fiduciary is a person or organization that owes to another the duties of good faith and trust is the highest legal duty of one party to another and it means being banned ethically to act in the others best interests at debris financial group, we act as a fiduciary to our clients when managing their investments. This means simply that we put their interests first, we accept no commissions or transaction fees only in asset based percentage fee of our clients assets, which directly Lance our interests with there's fake about it a financial advisor who does. Well when you do. Well, if you'd like to know more about how this might work for you. Give us a call at depre- financial at eight five nine two three. Three zero four hundred for a no obligation meeting and a discussion of your account. That's depre- financial group at eight five nine two three three zero four hundred six thirty. Tom depre- show. Mike johnson. You know, Mike. People are afraid of investing in stocks, their frayed of the potential downturn in many cases, but I think it's based on a lot of ignorance where they don't tend to look at investing in stocks as investing in businesses. And you're buying a piece of a business. They they look at it. Like, you're buying trading. Tickets are lottery tickets or something like that that where they may lose everything. And they're worried about losing before they ever think about how they can make money investing in businesses. And this is one of the biggest misconceptions people have about investing. And I think it gets back to what you were saying just then about the government not investing the social security money in in businesses. The government is fully invested in businesses. Why because that's where their tax money comes from. It's right there completely invested in business in the US. But they act as if they're not like they're stronger somehow than than businesses, but it's business that creates every ounce of. Wealth that the government has been able to take in. Absolutely it has to come from ultimately, the private sector and. It's disingenuous to think that somehow that's not the case and. Government is always coming against the private sector saying that it can't be trusted things like that. They use it as a political football to tack guys. Like Bernie Sanders, you know, they say, they are democratic socialist. They want the government involved in every area of business. But they don't think about what business does. And how it raises the money that they say they want is taking risks informed risks. And anyway, so why that sixty forty portfolio is dead for retirement planning. This is a so everybody's been told that your portfolio should be sixty percent stock in forty percent bonds. Why's that no longer? Correct. Because things change. You look at. Some of the same issues that face so social security and pensions, you know, it's the same thing face in individuals when you're trying to plan for your retirement your living longer. Markets change. But specifically, you know diversification you limit your diversification. Potential and the key. An investors needs are not static people's lives change. Everybody's situation is different and to go well backup. So sixty forty portfolio that saying sixty percents stocks forty percent bonds the problem with that is with people living longer. You're not going to earn enough to give yourself a raise overtime time. Because you're you're the returns are not going to be there look at what's happened with social security, and what you were just saying people not understanding. What it is to invest in something not know, what's estim- businesses. Exactly. And when they when you I talked to somebody, and they say, well, you know, that's risky while tell you. What's risky? What's risky is you outliving your money that's risk try. And if if you're not earning enough to pay out distributions to take into effect, you know, or take into account the effect of inflation. That's risk. You're going to outlive your money, especially depending on what type of withdrawal rate, you're taking. So you have to really take a step back and define what risk is when we're researching companies. We're we're looking like you said at the business, and that's why that's why we don't use funds or ET. Fs or you know, these exotic strategies or margin, y when you have when you take on margin, for example, then you are more placing a bet because you're now now timing is not on your side. Right. And but when you're investing in dividend paying companies, you're looking at what is the company what do they make what do they produce? Or what service are good too. They make for people to to purchase. And how do they produce cash-flow? Exactly. How do they produce earnings that can be paid to investors? Right. Exactly. And it it's it's not a bet saying, okay. I think this thing is going to go up this percent over this amount of time. It puts time on your side. Because ultimately we're investing for. For an income stream for our clients. You know, we want dividends coming in regardless of what the stock market is doing right now, the the stock market's doings if you wanna call it that the ups and downs of the market that gives you opportunities and over time, we believe will also have growth from that. So we want an income stream and then over time growth on that. But the the the old adage of a sixty forty mix you're you're losing out on diversification at because most of the time that it here's to you know, some sort of an index Monde. Lund. You may not have real estate in there. Or, you know, we we own some real estate companies, very specific types of real estate and all of these things. It's not a shotgun approach. We're taking, you know, the sharp shooting approach if you will right to businesses that that have endured the test of time, and that we believe will continue to endure the test time. So we don't adhere to this one size fits all, you know, sixty forty or take a hundred and ten minus your age. That's how much you need in bonds or stocks. We don't adhere to that. Because it's that that totally negates your specific situation, and what's going on in the market, and you have to take those things into account or you're setting yourself up for potential fail. Earlier, right. So it came out this week that earnings growth was higher than what people thought the economy's growing. We're going to get into some when we come back from the break, but the Connie's doing better than what people thought would happen. Absolutely. Yeah, they Connie's doing well companies are doing well. And you know, it was the last quarter of last year. Hey, we're getting into a we're going into a recession. You all these fears were building and this earnings recession is not showing up, right? You know, it's always a mixed bag, you know, company by company L how they're doing. But you look in general and earnings have been quite good. To break. Yeah. Oh, wow. Well, you don't have to stop. Okay. Well, I'll I'll throw the number author the numbers out after the break. We'll come back with the numbers after the break. It is the Tom depre- show with Mike Johnson sitting in NewsRadio six thirty wwl p. Tv antennas broken. We can't get our journal. The Antenne is fine. Give me the remote. I need to remote to fix it. We need to rescan for local channels go, you know, everything. Well, yes, I do. But you were right here with me when they aired the announcement about changes in the broadcast frequency, really care. It's easy to rescan. You do it. Okay. Instructions are at FCC dot gov slash TV scam or call one eight call FCC ever wonder, why European seemed to speak so many languages. Maybe it's because they use babble the number one selling language learning. Appa Niro, Babbel's award-winning technology gets you speaking right away. Whether you're learning Spanish, French or German and best of all you'll remember what you've learned. I always thought I was bad at languages, but after using babble, I can tell you. I was just taught the wrong way using Babbel's ten to fifteen minute lessons, you can be speaking confidently and your new language within weeks. I was amazed that I could stop. Having real life conversations right away with so fast. Now, I'm speaking Spanish. No wonder babble is the number one selling language learning apnea. Try it for yourself and see why babble is the quick way to get conversational in a new language, like Spanish, French or more. You can try babble for free. Go to babble dot com or download the app and try it for free. That's Babbel, B A B B E L dot com or download the app to try it for free. That's babbled dot com. Weekend April underway with a mix of clouds on your Saturday. Wendy weather watch out for some scattered showers and thunderstorms late this afternoon into the evening with a cold front dropping in. We'll say hi mid sixties of the front low sixties with partly sunny skies behind it for your Sunday as we go into Monday, scattered storms possible with highs topping out back into the mid and upper seventies. I'm w k y t chief meteorologist Chris Bailey on your official weather station. News Radio six thirty w Ellie broadcasting live twenty four seven from the heart. So big blue nation. This is us radio. Six thirty tell you well, eighteen an iheartradio station. Message and data rates may apply. Earning your degree from one of the top business schools in the country might sound impossible to fit into your workload. But what if there were a business degree that further your career and gave you access to world renowned faculty leaders and mentors all on your schedule? One that opened doors to. Some of the most influential CEO's tech companies law firms entrepreneurs and thought leaders, and what if you could earn that degree in his little list, sixteen months one hundred percent online to find out more. Text proud two seven nine six four five. That's PR. You UD two seven nine six four five. Start your online MBA information management or business analytics master's program from the WPA Carey school of business at Arizona State University today. Learn more about the WPA Carey business graduate programs online. Text proud two seven nine six four five. That's PR. You d two seven nine six four five Kentucky. Inns are always on the move. Whether you're driving down the road for a gallon of milk or flying across the country, Kentucky's new drivers licenses will get you there. More securely than ever before rolling out by counties starting this April all cards will arrive in the mail. She was between a standard license or US. Air travel and military base approved voluntary travel. ID license preparing now, we'll save valuable time later when you renew at your local circuit court clerk office. Learn what documents to bring at Dr dot k y dot gov. Six thirty. Back on the Tom to pre show. Make sure and go to our Facebook page, and like us, that's the is for the Tom to pre show for depre- financial group. Both of them send us a friend request. We are going to be sharing educational articles on our page that you're not gonna wanna miss if you like this radio show, you'll love the Facebook page. The website depre- financial dot com is also a great resource for educational items. You can also find the podcast of the radio show there. That's WWW depre- financial dot com. So Mike you're talking about the numbers some. Yeah. So the the earnings numbers that have come out again, you know, fourth quarter of last year. Everybody thought we were going into an earnings recession. You couldn't really find anything positive out there except for on the show. Right. I remember we were talking about it. And we were saying, you know, this is probably is optimistic as we had been in over a year because of all the I mean, how cheap things how cheap things work because you're you. We were you're sitting there looking at some of these things that were going down you scratch your head. Like why I mean, there's there's no good reason for this. And so now for the first quarter earnings. About a third of the S and P five hundred companies have reported and earnings growth that is reported looks to be basically flat which is better than negative, right? As of. At tuesday. It was actually looking that. It was going to be negative for about one point one percent. But now it's actually looking that more than likely it'll be positive in. This is this is interesting right here. On average, the data shows earnings of come in five point nine percent above estimates, which is higher than the typical earning surprises which average about five point four percent. So far seventy eight percent of companies have reported better than expected earnings. Well, above long-term average of sixty five percent and fifty six percent of the companies have beaten revenue expectations. I mean, pretty good. Where's earnings recession? Yeah. You know, you were you were talking in the first half of the show. You know, the the the consumer is doing well, and the consumer is spending money, and you know, that's what's helped a lot of you know, these aren't numbers that have come out you combine that with the long term positive impacts of tax reform, not just the one year shot in the arm. I mean, this is the long term. And I mean, it's certain sectors of done better than others. You know, especially, you know, financials have done really well real estate and industrials have done. Really? Well, really the only weak spot for the the quarterly earnings so far have been energy. But that that's more of a kind of a specific factors that have impacted that. Because like Exxon their numbers came out and the numbers weren't bad per se. It was it was specific incidents that affected primarily, you know, crude prices on the refining side because when they're refining. Crude these these large integrated oil companies, you know, they're doing everything from the exploration and production. Bright the movement, MS dream, right? They do it all well. When crude prices go up that hurts their margins on the refining because they're in costs go up, and that's what's what affected them. But the stocks have done great year today. They just got a little ahead of themselves. Right. So we don't mind seeing this kind of movement in the stock price as long as the fundamentals are there. Right. So glad to see the numbers that are coming out. And it's what. We had hoped for. And you know, we talked about early this year back in the January timeframe that you know. Look likely or possible that that could be the case. Absolutely. You. Have a couple of more articles here about early retirement and retirement rainy day fund. We're in the business of retirement investing. That's what we do we invest for people's retirements and. It is it is our core competency, but a lot of people wanna retire little too soon. That's right. And that's something that you should be on guard against they've they've done some studies at they've concluded now talking about physical mental social issues that come about when people retire, and this is something we've encouraged a lot of our clients the listeners don't retire. Just because you hit a certain age, if if if you're in a job that you know, is physically demanding is beaten. Yup. Well, maybe look for a different career, right? Something else that might be fulfilling. But they've done study off to do in your sixties canby. Now, if if you are in. A financial place where that's a possibility. There's volunteer work. Right. And that that helps. All these aspects can get ready to mention so one of the studies they did found that men are two percent more likely to die in the month. They turned sixty two than in the previous month. This mortality rates driven primarily by increases in deaths from lung cancer COPD, which comes from smoking lack of physical activity because when people retire if you don't have a hobby or passion or something. We're going to be more likely to eat bad food to sit around rise TV, none of which are good for your health. Right. So I it's a like when there's actually studies a numbers that have that are kind of playing out to what we've talked about in the past. There was a Dutch policy change in two thousand nine which gave workers of five percent bonus. If they waited till age sixty two seven percent at sixty three ten percent bonus at sixty four and that actually reduced all these health problems because they kept working they kept working. So it reduced the the health problems because he's people were staying engage longer the other part of its mental, you know, evidence suggests that retirement can exceleron cognitive decline when you're working you. You're more than likely working different parts of your mind than you would. Otherwise, it keeps you sharp a twenty fourteen study of half a million retired self employed workers in France. Found that dementia was significantly less common. Among those who retired later than those who retired early. Now, those two or those three factors. I just talked about was primarily men that's who were primarily affected by that. The other one the social aspect that impacted women more profoundly. So when you think that when you retire you're going to have more time to spend with friends your social networks gonna improve not the case. The Syracuse university found that retirement shrinks, social networks, and the frequency of social interactions this the impacts, especially large for women, smaller, social networks and social isolation tend to reduce life satisfaction and impair physical and mental health. Really? Yes. So it's it's not just. Men that are affected women are affected. You know retirement can be not only detrimental to financial health, but physical health, and that's why we encourage everyone to stay involved. Stay active in something if you're volunteering or if you you change careers or just something to keep yourself active from financial health standpoint. It's interesting that if you work one additional year that raises your future future annual retirement income by nine percent on avenue one year one year how because it's compounded because that's one year that you're earning something, and that's one year that you're not taking out. That's right of your retirement portfolio. So I mean, we're in the retirement business. Our our job is to produce income for our clients that are in retirement, right? But that income stream doesn't necessarily mean that you're completely retired. Yeah. Can use the income stream from savings that you've accumulated to to can be an addition to supplement. That's the word. I was looking for. It's early a supplement to other income you switch job. Yeah. You know, it might not be the same paying job. But you're take you might have social security. You might have, you know, the income from your investment portfolio, and you can switch to something else. That's more maybe less strenuous or maybe more fulfilling on something that you want to accomplish. I mean, we see people come in sometimes. And and we know that they're ready to retire. If they've worked at Toyota, let's say for for. Number of years, right, which can be a tough job. But there's other people that come in. And they talk like they want to retire. But really they're not ready for it. And of it seems like some of those people would like to quit their jobs, but this just not time yet. It's right. And I think that's something that needs to change. I hope that's what people are taken away from these types of things that we're talking about we have to change the idea of retiring because you're a certain age. Yeah. That I think that's a huge disservice to people because you know, the just get it in their head that they get in their head. And it's it's a psychological thing that I have to retire at this age, and, you know, sixty two is I mean? Your anymore. It's like you're fifty five. Right. I mean, you you have a lot of experience you have the skills that you've developed, and you have a lot of time left that you can still deploy those riles that you've accumulated there your whole working career. Yep. Stay with us. You're listening to the Tom depre- show with Mike Johnson. It's News Radio six thirty w Elliott bay the news. He wanted to be still don't even have all the. Mowlem? Among the news, you need leading in the polls Kopri it behavior thick repeat amazing day in the on the economy with each radio six thirty telling you L A P. Hi, this is Tom depre- a fiduciary as a person or organization that owes to another the duties of good faith and trust is the highest legal duty of one party to another and it means being banned ethically to act in the others best interests at depre- financial group, we act as a fiduciary to our clients when managing their investments. This means simply that we put their interests first, we accept no commissions or transaction fees only asset based percentage fee of our clients assets, which directly Lance our interests with there's fake about it a financial advisor who does. Well when you do. Well, if you'd like to know more about how this might work for you. Give us a call at depre- financial at eight five nine two. Three three zero four hundred for a no obligation meeting and discussion of your account. That's depre- financial group at eight five nine two three three zero four hundred six thirty wwl. So how did we go from? Steve Miller to John Anderson. I don't know my mind. Keep it playing. I like John you guys are talking about money. This song. He's still active or making records or I guess he's retired. He is. From Florida from he's just country boy from north Florida big in the eighties ninety. Yeah. Yeah. He and. He he did that song called swing and swing in you know. Yeah. Okay. Yeah. Looks like he's still torn a little bit. Yeah. Those are frequently those guys can't afford not to. Do some touring. The state planning for the on initiative uninitiated when once fast defers on family finances C to get caught off guard by death or illness. This is something Elizabeth knows something about certainly, you know, it it's just when you're the estate when you're taking care of families estate. It helps to have everything in in good order. You want me to open up the Mike? If you want to it is it's if you've listened to the show over time you've heard me talk about the importance of heaven all your ducks in a row and not waiting to get involved with your family members fun. It's is the planning the knowledge of what's going on a mother passed away three weeks ago? And boy, I I was not even though at thought I was prepared. You know, just. Don't delay get on top of everything fund out as much as you can. Because even though at thought anew, they've been a lot of things that I don't know try and talk to your family members about it. Don't put it off till tomorrow because my mother was getting older, but I certainly did not expect it. You know, we'd be looking at this situation as quickly as we are. So do not delay. I mean, they're things that simple things that I don't know where they are. Right. It's it's something we encourage our our clients to on a spousal level. You know there. There's typically there's one person that's you know, kind of on top of it and the other one does you know, kind of. Defers to their leadership on it. If you will. But it's so important. We encourage our clients have both parties involved because. If that if the the decision maker if you will passes away, we want the other person be able to kinda hit the ground running. Because Elizabeth I mean, you you'll understand this too. I mean when one of them passes away, that's when you're dealing with grief, and all these other things, and you're not able to make the big decisions when you're dealing with that kind of thing, and it it's harder to do. And so having everybody involved having a plan in place, you know, so that when this happens yard have somebody that you trust your comfortable with. That's the big thing. Are you comfortable d you know, what's going on with your money and having that person in place, so that when something bad happens? Hey, you've got this person that you can talk to and they'll help you through the. Process. Another thing that that I was more conservative than I should have been in. We're not attorneys or legal types. But I didn't ask to see the documents that I should have asked to see because money such a touchy situation, and you don't wanna feel your parents or whatever to feel like your, you know, bring down their neck. What am I gonna get? Well, that that's not the thought process, you need to to have you need to have a thought process of knowledge. So if documents need to be updated, you know, it's like your finances, the more as on a situation the better chances you have for success, right? Right. Absolutely. Rainy day fund can do wonders for your retirement back to the retirement. So this is this is more from a la- Quigley. We like to say you like to have layers of liquidity a rainy day fund. That's basically, you're checking and savings now checking and savings, they're not paying anything. I mean, you're not gonna earn money on what's in your checking and savings account, but any more used to but used to. But I if you don't have it you can back yourself into a corner and the corners, not good. What's say? Let's say you you're forty year old, and you have a hundred thousand dollar retirement account could be a 4._0._1._K or an IRA, and you pull ten thousand dollars out. Well, let's look at the you have a ten percent early withdrawal penalty, and this would all stem because you don't have the ten thousand dollar safety net. You know, the you're you need a new roof your HVAC goes out. So you go and take a distribution from your IRA? It's better to have these the liquid cash available for you. Because if you take that out at forty at sixty five if you figure you're getting a seven percent, compounded return at sixty five if you hadn't taken that ten thousand dollars out would be five hundred forty two thousand dollars. If you took the ten thousand out it only be worth four hundred eighty eight thousand dollars, right? And you've paid a ten percent penalty. The other thing that it can do it can skew your view of risk taking you might be more inclined. If you don't have a safety net in place. Well, I'm not gonna I'm forty or fifty. I'm gonna have a higher portion in bonds in my portfolio will that can negatively impact your your returns over time. If you have that in place, you're going to be a little more logical in your thing. Because you know that if I have an emergency. I can tap this and then layers of liquidity you have your cash you have an a taxable investment account. And then you have your IRA's your Roth IRA's, your savings or retirement savings. All of that. It's it's simplistic. But it's it's one of those things people overlook, and it's it's easy to forget best way to do. It is just a set it on autopilot. You know, you have a checking account where your paycheck goes have a certain amount. Go to a rainy day fund, the article suggests naming it something I think it's actually a good a good idea. You know, you name it like protect my family or something is there's so much of financial management that psychological. That's right. And everybody's different. You have to find out what works for you. But put it on autopilot. You have hundred dollars a month or whatever the amount is that goes to this rainy day fund, which it stays there. When it gets built up there. Then you go to the next layer of liquidity, which is. Taxable investment account, which has a longer Harada ration-, right? Before we go here. I just want to emphasize again, go to our Facebook page, send us a friend request. We are going to be sharing educational articles on our page that you're not gonna wanna miss if you like this radio show, you will love our Facebook page. The website is also a great resource for educational items. You can find podcast of the show there. That's depre- financial dot com. If you wanna come in and talk to us about your finances about your retirement finances. Please do give us a call at two three three zero four hundred set an appointment will be glad to sit down with you and go go over what needs to be gone over. So I think we've had a good show today about. Retirement and the physics of it so to speak enjoy bay. Yeah. Me too. I enjoy looking at your hat. Better my head. There you go. It is the Tom depre- show have a great weekend. And we've been talking about things that if you want to come see us us at two three three zero four hundred it's Tom depre- show. It's newsradio. Six thirty wwl p.

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Barstool Big Cat and Football Friday: The Chris Hrabe Show Ep. 19

Scoops with Danny Mac

35:49 min | 6 months ago

Barstool Big Cat and Football Friday: The Chris Hrabe Show Ep. 19

"Welcome into the Chris Rayvey show on SCOOPS WITH DADDY MAC DOT COM. I'm your host Chris Rabi a Friday edition of the program, a football Friday Halloween Eve Spooky on October thirtieth twenty twenty. Happy to chat over the next thirty forty five minutes or so as we get ready for the weekend and got a big show for you. Dan Cats barstool big cat going to be with us in just a moment. We'll check in with big cat before another weekend and before another crazy couple of days of football action also, Ben Heisler from sports illustrated will be with us to talk to you fast and gambling subscribe to the podcast subscribe. The Chris Rabi show go to scoops with Danny Mac wherever you listen to podcasts scoops with Danny Mac, hit the subscribe and leave us a review. You can also follow us on twitter I'm. At Chr A.. B.. C. HR AB instagram facebook scoops with Danny Mac and you can email me Chris Scoops with Danny. AMAC DOT com all right. Like I said a big show and we're going to dive right into with one of our favorites from Barstool Sports. He is Dan Cats Aka barstool big cat. Of course you can hear on pardon my take him on Barstool radio. Barstool sports advisors. He's everywhere big. What's Going on man I know things are probably crazy. Everyone's back at the office football season's in full swing. It's post quarantine we are moving straight ahead is this kind of craziest time in a long time craziness at an all time high barstool sports yet definitely, it definitely has is craziest football season. We've ever had. You know we added A lot of people know maybe not everyone knows but the Penn Penn.. Casino and gaming bought US or bought a portion of are still back in January. So we've shifted. We have our own sportsbook APP now, which has added is more work and not complain about that because I love gambling and I love talking about but more work and a lot of things football season. But I always say I mean busy is good and I know that people. will say that it sounds very cliche but I'd so much rather be. Running around a million different things nonstop working been sitting in wondering back like in March when there's no sports on. Oh well, I've gotten to the end of net flex and now I don't know what to do with myself. This incredible run of guests on pardon my take some of the personalities you guys have had lately like Neil degrasse Tyson to have matthew mcconaughey and Ed Gironde within a month of each other. The universe would explode if those three guys got in a room and kind of put their minds together I think yeah. Yeah and that's that's probably my favorite part about doing the show is getting to have a little bit of rain when it comes to the guests because at the end of the day I think that PNC. And I are very relatable in the fact that were decently smart guys. But not the smartest you know I would say I'm smarter than your average bear but I'm not I'm not some. So there's a lot of stuff I don't know and I have the self awareness to say when I don't know it. So when you talked to someone like Neil degrasse Tyson, just asking him kind of dumb dumb guy questions that we all want to ask but are too embarrassed to ask and then talking to someone like Matthew mcconaughey who is probably the coolest guy I've ever to smiling ear to ear it's just fun doing that kind of range and interacting with interesting people and really it all comes down to I got to give credit to all those those guests you just listed because when it comes to like a good interview, I think that the Person Getting interviewed buying in is so much more important than people give it credit for. So yes, the questions are important in my jobs. You know like I have to do a good job to get a good interview but if the guest is buying in, it just makes it so much easier at all those guys. Bought in from from the first question to the last I think like just mcconaughey and over Ron especially, those two guys just can't help but be themselves right and you obviously know coach does so well. But just like an all time line mccown as said something like I'm cool with nerds but I can't stand dorks like what what an unbelievable line and that's just like like he truly with every fiber of his being, he believes that man. When he explained because I, it was like that makes sense. As like. NERD or nerds like you know. The nerdy guy is as actually become coal today in today's age, which is a good thing that know we're some in some parts of society who actually. Appreciate people who are very smart and know things were dorks are the people who tried to be everything. They try to be the Jock to try to be the NERD. They try to be this guy that got and they're just not themselves and that's what he has a problem with an I. Agree with you like coach o. you know the season has started great for the for Lsu but ease unwavering in Egypt is we isn't he knows that if he just keeps going forward he, it will eventually working I I love people like that who have the persistence and the drive to be like I'm going to do it I'm Gonna Keep doing keep working and eventually things are gonNA fall my way. You're not to sound like philosophical just those guys examples of guys who are just completely comfortable with who they are right completely comfortable in their own skin and they just don't give a damn. What anyone thinks it seems like a lot of folks you guys are able to interview in that. You guys interact with they have these strong personalities which probably makes them who they are might seem like an act sometimes there ever been a guy that you thought or guests that you thought was putting on an act but then really genuinely you realized having conversation with them that was just. Yeah I Nick Right is who's now consider a friend. I was very upset at him. What I thought he was putting on an act for Lebron and Lebron Kim Right. Yeah. Yeah I am stuff and then we had been studios like you know what I like this guy because there's nothing in what you just said it's a very important fact that I think gets lost. Today in like you said nothing philosophical but people who are themselves and people who have a mindset where, of course, they can change their mind and they can be influenced but they're not influenced to the point where they're wavering with every everyone else's opinion and letting everyone else's opinion change who they are and so I always respect that Nick Nicorette was one of those guys who came in we disagreed when I said to myself, this is an act. He's not doing a skip bayless thing where he's trolling people on purpose he believes this and I I genuinely like appreciate talking to people that I disagree with. Whether it be sports or life I think it's fascinating I think it's interesting and it's something that we've lost as a society now where if you disagree it's just all right. Let's throw it out like you know. I don't want off the anymore. So yeah, that would definitely be one that I. that comes to mind right off the top of my head big cats with us, and then on the flip side of that, you know with what you guys do and when you're making picks and you're making picks throughout the week and you're going on sports visors and you know with everyone on social. Media like if gambling and picking games were easy than Penn. national. Gaming wouldn't be company. Right there wouldn't be these huge casinos. How do you deal with? That's what you do and you're putting yourself out there and then you've got idiots I'm sure every time you get something wrong who who chirp you and tweet you and I know that that's part of the fun and that's part of the interaction. But how do you deal with that versus realizing how hard it is to pick games? Yeah I think it's two things. One is I fully admit that I'm a terrible terrible. We all are everyone is. I'm a loser for life, and so I I gamble because it's entertainment I liked to do it. I, like to talk about spreads I like to watch gives my friends and have you know some money online like I, that's fun for that is by entertainment that's my escape, and that's what it should be cooked at not like when we're saying Moore Locker, the cat lives it's very tongue in cheek and Admitting that and and and people understanding that aspect of it I actually think that I will like David. I are probably the only people who really discuss gambling in that fashion where we're poking fun of it but we're also fully admitting we're terrible at this. So we're not going to pretend that we're good at it, and the other thing is you know I think it's just genuine like the when Penn bought us and it was it was a seamless you know. Relationship that that got built between the two companies but Dave, and I have been gambling all of our lives and I genuinely enjoy I think it'd be totally different if we were gamblers and we were trying to get people to do something that we don't do ourselves but we genuinely do enjoy. We genuinely enjoy what comes with gambling talking about the game the bad beats good. Great Wins. So that makes it feel natural to me. So when people complain I just didn't like you know obviously say don't want to lose I'm not trying. I want to win. I'm giving my own money, but I am going to lose more than win because that's what happens when you give what are some of the guests are some of the white whales that you'd like to have on the show? Is there anyone in sports or entertainment or has there been anyone over the last year or so that you think about that you weren't really sure about and they ended up being just an unbelievable ended up, knocking your socks off and you didn't expect it. Yeah I. Think. We still have Kevin Durant Aaron Rodgers both those guys are circle. This guy's with love to interview. Love to have in the studio because that's the other thing is it's been a little difficult now. It's easier but it's more difficult. It's a very weird thing that's happened where it's easier to get guests because everyone zoo but it's harder to connect with guests because you're on zoom and there's nothing that can replace an in person interview like we did an interview with Kevin Love. In August which I thought was was very, very good. It was like two hour. We, we went out to the hamptons where he had a house and sat with him for for a very long time for Mason entire afternoon and we walked away saying that like we miss talking to people in person because that really truly is kind of the thing that gets me the most is sitting down and having a fun conversation with someone in person and reading their body language and knowing when you know maybe bust a little bit or step back a little bit or ask follow up question so. That is what I'm really looking forward to when this all ends but I'm trying to think someone who has surprised me I mean Kevin. Love was fantastic I or someone that you didn't necessarily someone you didn't necessarily know a ton about yeah Let's see trying to go through the catalog real quick in my did you ever think you? You have interviewed Bethany Frankel? Yes. That's a great one. So yes, I. Did because I am a huge real housewives fan. Yes. So Bethany Franklin that's good. Thank you for jogging my never PFC didn't know who she was because he hasn't watch real housewives I was like listen we gotta get her on. She's a big deal. She's a crossover person where there's a lot of people who don't know who you know there's a lot of people who don't know who we are. No she is. So they would love to hear this in a different setting but I came out of that interview and I knew who she was but I was like I love her even more because she. is going. Yeah, and that's going back to my initial point of the guest buying in she bought in all the way and when you guessed buys it all the way it just made it. So much fun. What do you make of the of the football restart the college start? Especially, the big ten got going last weekend it was. Fun to see Friday night football. The big ten kind of gets to the party half drunk I. Guess are are we going to make it through a full college football season or are you worried that these positive tests are going to keep coming in? Just the amount of infrastructure takes for college team to move around the country and play games? What's what's your level of confidence at this is going to happen all the way through Dan I. Think it's going to happen all the way through I think there's going to be a lot more hiccups. The big ten is in a world, the hurt and. So, the PAC twelve because they totally screwed this up, I mean you can see what's happening with the Florida had Kobe positives and they basically had three weeks off they gotta fix. They're going to be back out there I, think this weekend. Wisconsin. My daughter had a Kobe positives. They cancelled game against the rescue. There is no room in the scheduled to make that game up. So they basically eliminated themselves not they were gonNA, make it to the College Football Playoff, but they've eliminated themselves in everyone that was on their schedule in the College Football playoff because they won't get the requisite number of games that. As of right now, they say you need to play. So I the the big ten in the pack twelve are absolutely idiotic. They completely screwed this up. They thought that they were going to be followed by every other conference. They totally misread the room they didn't realize it the way to go in. The, NFL to is to have those built in by weeks. I. Don't know why the NFL didn't have a built in by week in the middle of the season as almost like a cleanup week but I I am optimistic that the season will come to a conclusion that will play the full season. I also will never ever ever blame any of these kids for getting corona virus because at the end of the day, it's all such a scam that the colleges because they want their money have sent all the kids back to college campuses and then tell the kids to don't party wear masks don't don't hang out with friends you're saying that to eighteen or twenty, two year olds I'm. Thirty five I have a little bit more sense in my head. But if you put me back on college campuses a twenty, one year old, I'd be going out every single night and that's just reality like that's just reality. That's you. WanNa call me a bad person. That's fine. Probably wasn't bad person when I was twenty one years old we're kind of all were we all we're trying to figure it out. Very selfish. So I just I hate that idea that we're blaming any kids for getting positive tests when they've been put on a campus Nana bubble with very like with a bunch of the general population and kids that WANNA party because their kids. Yeah we thought that we were like. Being real health conscious because we had a water cup, the beer pong table the same one for like seven hours, right? Right right right. Here in the water. The water top? Right, I think about like Oh man would I what I've taken this seriously then I'm like, no. A phase where I was like beer bonding whiskey. So I'M GONNA say no, that's probably know so yeah, I mean I Think it's very disingenuous for anyone who's outside of that college environment to Shane Kids and say that they would be any different maybe they can say that but then they were just losers in college and like who cares yeah like I remember at the beginning of this it's march. And people you know the social media police are on twitter just so flabbergasted that kids were at spring break in Florida and like that was when we didn't even know one percent of of what we know now and then. I've been planning that trip for however many months. There's no chance I would have even considered changing my plans and stuff was still open that. So I think the the the reaction the outrage is sometimes worse than the people in the intentions of the people doing the actual act. Right and I. I take it very seriously. I wear a mask all the time and I've I've taken I've been out of the state of New York like only a handful of times they've all been. Like private travel for work. So it's like I'm not going anywhere, but I don't buy commercial. He well. Yeah that sounded very that sounds very terrible but but I you know I haven't been I have not I haven't gone I haven't gone for rex I haven't gone for pleasure anywhere. I've been like arms going to go take a trip and hang out and like enjoy myself take a vacation ever taken vacation but I. Get if I were twenty one years old, I would have a different outlook and anyone who thinks differently like you're just being disingenuous about the entire thing. Okay. That's a great point I want to end. Then with this because we talked at the end of last week and I want you to give folks an idea of what the last week has been like what your schedule's kind like because we see all of the content we follow along on social media, but the actual mechanics of it's the end of last week you're getting ready to what film a bunch of stuff the weekend film advisors head to rough and Rowdy Kinda what what? Is the last seven days been like okay. So Yeah. So last the let's say Thursday last. Thursday we take pro football show we do I do a couple of hours of radio. We do the rundown do part of my take Friday morning got on a plane went to West Virginia did rough and rowdy called the fights Friday night around midnight we got back on the plane who had to Philadelphia Philadelphia four Saturday watching Games for doing promotion for the sportsbook APP I got home around five six o'clock on Saturday got out by some for a couple of hours same on Sunday morning I was back in work from about new. Noon till about two in the morning on Sundays and then Monday. It's kind of a reset day and then back into it where it's like, you know Tuesdays and Thursdays were taping partake. Wednesdays we're doing. Partial Sports Advisors Pick Them College football show Wednesdays, or an absolute disaster. See it's a lot but again I love it I. Love My job I. Love I. Love. Like talking about football watching football, trying to figure out who's going to win the Games. It's it's my favorite time of the year. It really is as crazy as the schedule is I wouldn't trade October November for any other month when it comes to the counter here when you said you weren't traveling for pleasure you did get to go to West Virginia so. Anytime, you can drop into the Great State of West Virginia and watch a bunch a big hoosiers beat each other up. There's there's a little sliver, a sliver pro pleasure in there. Yeah I had some fun. My my life is very fun I will I will be I will absolutely come to that big appreciated man and Joe. Give us your favor pick the weekend. The can't lock guarantee on your life. This is an absolute winner tweet me if I'm wrong but I'm not going to be wrong pick. I have I think I think it's duke minus nine and a half is my mortal lock on on all the shows I'm trying to. I'm trying to do better where I caught myself a couple of weeks where I had like six different more to lots of different shows. So Duke modest neither have is my mortal lock on both my college football podcast in and out of college show. So that's what I'm gonNA stick with I like that against Charlotte I. Think it's Saturday afternoon maybe Saturday evening. So go with that. Big You're the best man keep it up. Enjoying, following along and following the fun, and we'll talk to you real soon. Thanks so much man. All right. Thanks so much Chris Dan, cats, big cat joining us on the program from Barstool sports always enjoy our chats. With Dan. We'll take a break come back bed Heisler to join me next on this football Friday edition of the Chris Rock show back in a moment on scoops with Danny amac com sh- nooks rewards. One more reason to love schnapps get the APP that gets you sh-. Nooks rewards. The Chinooks. Rewards APP allows you to earn points every time you shop for. Money off your next purchase, but there's so much more in the APP to simplify shopping. 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It's Friday and we say hello to Ben Heisler from sports illustrated SL DOT com slash fantasy dot com slash gambling is where you can find the work of Ben in the Great Team Sports Illustrated Heisler we talked Indiana football last week we talked Indiana and Missouri football slash basketball, and then what a win, what a comeback, what a game, the hoosiers with maybe the most exciting football game or the most exciting comeback with a lot of different things thrown into the pot and a lot of things that went into that last weekend. Yeah. Yeah that was It was funny Chris. I was actually thinking about how we were discussing you and me that Indiana Football Missouri football are Kinda like the Like the the former San Diego chargers, La, chargers, and NBC ABC to a certain extent. The Falcons of this year is that they've always found these bizarre ways to lose games and you feel like you're sisyphus pushing the boulder hansel up the mountain and then just eventually once you're at the top, the boulder falls all the way back down and you have to start from scratch Missouri with an. Amazing when earlier this year against Lsu, you have Indiana with Michael Panics, reaching across the goal line desk by the by inches to be able to get that football lacrosse and sure enough look at those teams with with massive wins over the course of the early part of the college football season pretty remarkable here pretty incredible and again, just must be a twenty twenty thing. Don't you think? Yeah like in in this year, who knows what could what could happen next? Let's talk about this weekend Ben and you know again I'll ask you the same question kind of how are you seeing at the college level with so much uncertainty vegas adjust to the schedule week to week Mizzou will get to play Florida now, but you know it seems like every day were getting you know more. Reports of positive tests and I know a lot of teams including Mizuni lie drink what's have been having to prepare for multiple opponents? So so that certainly affects things from a line standpoint when the odds makers don't even know with certainty with the schedules are going to be yeah. No doubt about it and you know a little bit of information coming in is that we've seen the line move. From twelve and a half on the Florida side at. As high as thirteen and a half according to some books, and it's actually gone back down in a lot of different back down to twelve and a half and I think that's an indication of a bit of sharp money in Missouri I think it just goes to show you Chris that yet, there's a combination of a wide variety of factors of, but oddsmakers are still just having a difficult time handicapping the season. There's. Constant movement over the course of the week, you're seeing a lot of massive moves in one direction, and then slowly back towards another whether the public is jumping all over whether sharp money, it's just very difficult to handicap at this point in the episode at perfectly honest. I've I've stayed away from a lot of the college football picks this year. It just feels like because they're so much unknown in so much uncertainty Information on Colorado State, yesterday, and Fresno State took it to and it's just a reflection of sometimes you think you might have some really good information and it comes back to bite you you because the information wasn't sharp as you initially thought it was yeah. That's GonNa Happen in really all sports but especially college with so much uncertainty week to week. You know at least from a batting perspective, it's been a little bit more difficult this year. Yeah. A number of outright upsets that we've seen especially with it seems like some prime time games where maybe there would be st moving on one team. We've just seen a lot of volatility and a lot of unpredictability you're going to get that with eighteen nineteen, twenty year olds anyway but then you throw into the mix that. Eighteen nineteen and twenty year olds are going to be playing or be available hundred percent, and you know I'm looking at the Ohio State Penn State matchup this week and you know first inclination is that you have Ohio state. WHO's one of the most dominant themes? But now they're going on the road and you would think to yourself. Okay. It's still an opportunity to go and play in an empty stadium. You don't have to worry about that but I think Indiana Kinda thrived on the fact of being on not having to worry about letting down their fan base and you know Penn state if they got off to a slow start at home. Happy Valley. INDIANA. You worry about central boos from the stands you worry about all the pressure there and so even though there's been a lot of line movement and direction of Ohio, state from minus nine and a half to. Twelve. I almost wonder to a certain extent if playing at home can actually kind be sort of a relaxed factor for a lot of these teams you're not necessarily worried about trying to. Take from the energy of the crowd. You just play at home you sleep in your bed and you feel more secure going into the end but top over the NFL with Ben Heisler from sports illustrated, dot com slash gambling aside, dot com slash fantasy, and you guys covered on the sports illustrated fantasy podcast, Levian Bell and the chiefs taking on the jets and maybe some revenge factor for bell against Adam Gates the jets head coach and that organization do. You take personal motivation like that into account whether it be DFS or personal or individual player props perhaps Ben and is this a case where you should take that into account or does that stuff get overblown? Sometimes, it might get overblown on occasion like if you're sort of a wide receiver four and you're going and facing off against your old team and the players certainly be motivated but you know is that necessarily going to factor into the Game Plan I think it's sort of patents in this particular situation I think you have two players that are in terrific revenge spot opportunities, Levian Bell, certainly the the most notable of the two. I think Melvin Gordon of Denver going up against the chargers is another but think of all the animosity that happened between John Bell in the New York jets he goes he gets his money he had earned the jets signed him, and then they bring Adam gays and so it's a reflection not necessarily of gas going to be there but he didn't really want Levy on bell and despite the fact that he was already there he just turned into a very bad relationship. There's a lot of animosity there at Belford. Throughout his time was a good soldier put up with a lot of crap and the jets result of Adam as being there have not turned into any sort of team that their fans would have anticipated. Bell gets outright released. He goes to a winning culture in Kansas City and the fact is Chris chiefs are favored by nineteen and a half points in this game at all. So I think that allows the revenge factor to have even more cadence here because of the fact that they're supposed to win this game, they're likely going to win this game by a wide margin. It gives the opportunity to go to levy on bell once they've built up a comfortable lead and say, you know what go ahead and and just run all over these guys going dominate them if there's red zone carers. Maybe. We'll take out the rookie clad. Larry. Give you that opportunity to score a touchdown. So I basically look at it as a lock. I haven't looked at a lot of the sports but prices yet as far as what the process for Levy on a score, a touchdown headquarters I might even consider laying it is operatives bet him to score multiple touchdowns. That's how good levy on bell is with this situation. That's how well this game dictates to him getting into the end zone and also serve election of how bad the New York jets are. So Likely Bell quite a bit this week whether it be. season-long crops and I also think Melvin Gordon will get an opportunity to score a touchdown, his former team for Denver's well and Ben we always ask you this. Let's wrap up in Alaska view another game that you've got your eye on in the NFL of a couple of good matchups, but from a defense standpoint or away during standpoint, is there a matchup that? You're particularly intrigued by you're going to be monitoring or you're gonNA be all over. Yeah. There's a few games and we've actually seen a lot of line movement heading in the opposite directions compared to what we've seen of most will weeks we've seen some some major totals start to move down your upwards of about four or five points. One of those Games was. Las Vegas going to Cleveland which should have been a track meet but you're going to get twenty to thirty MPH swirling winds in Cleveland this week. That's GonNa play a factor especially getting guys ball in passing game. But I still think there's plenty of fantasy goodness in that game I still think Henry Rugs is going to have an opportunity to get the ball and space. He's one of my favorites low ownership DFS place for the week I think Tennessee in Cincinnati, is an outstanding matchup from the offensive side of the ball derrick henry should run wild johnny. Smith gets match against Bengals were they have allowed the second most yards to tight ends this year And then the one other ones it's Kinda. Keep your hand that I think might be a little bit sneaky because I know a lot of folks are GonNa, WanNa play packers, Vikings this week, and I would actually advise maybe against that with the exception of the running backs, you have twenty degree temperatures in Green Bay forty mile per hour winds. Now listen Aaron Rodgers could probably throw perfect deep ball to devante Adams in the middle of a hurricane you know I wouldn't doubt that for a second but everybody else I think is going to lose out on on those type of wind temperature but let me let me give you a bit of a sneaky stacks here. I think the colts in the lions actually have a chance to play up to a pretty high scoring game you have an opportunity with Matthew Stafford who had a great come from behind win against Atlanta last week really started to get the passing game going through for over three hundred yards. Cul Stevens has been really good but I do think they are susceptible in the passing game. I think somebody like staffers with Kenny Golladay Marvin Jones has gotten loose TJ Hopkinson new game winning touchdown I. I think they're going to have to pass to compete in the other side I? Think you can run it back. With somebody like Jonathan Taylor who is vital in an advantageous spot despite the fact that he was somebody that. So many of us Chris drafted early in our leagues. If you're looking at it from daily fantasy perspective, he's fairly reasonably priced sixty six hundred dollars draftkings nets, the lions defense that's given up about one hundred and fourteen yards per game. They have been bad against the run and they play pretty much stay in the same defense all throughout the game. So the colts our favorites on the road here which likely leads to positive game script for Jonathan. Taylor. This should be his breakout game this week and I. Think because of it Stafford in the lions are going to have to throw to keep up at least the fantasy points on both sides. I like that a little colts lion stack Ben Heisler from sports illustrated again. SF DOT, com slash fantasy dot com slash gambling. BEN GIVES US Before we go again, just an idea of what folks can get if they go over to dot com and sign up for the member service on the site and some of the great premium content that they're going to get from you guys on both the fantasy and the gambling site. So what's what's Nice is that we've? We've divvied it up into different sections, right? So SL, fantasy plus strictly season-long fantasy content. So if you need personalized rankings that are dictated to your scoring system within your own league because people look at ratings will try and figure out. Okay. Like whereas where does my guy stack up if I am in a league that has to quarterbacks or super flex? or six point touchdowns, you can't always find that. So you can actually personalize the rankings to the style of your league along with further in-depth contents. Inside a rankings that's over at Sei fantasy plus SL fantasy pro members. When they go to SL, dot com slash gambling will not only gets a betting information. Hicks and information from Vegas Insider Frankie today. Oh. As well as our UFC insider Casey Olson who's He, he's a Free Chris like he's picking UFC matches at seventy two percent over the last calendar year. It's it's it's insane. I don't follow UFC. But Trust me I, now bet UFC. Of Art because of our handicapper Casey, the Olson so all those pits are included it's less than twenty dollars a month and the SL pro membership includes exclusive the contents that'll further rankings there as well. information on different draftkings fan duel slates. Sean Child is one of the best high stakes fantasy players in the world does those rankings for us. We also have the optimize optimized. So that's all availables while s dot com slash gambling that's part of the SL fantasy crow membership. So you have this fantasy plus that's for season-long exclusively an SI fantasy pro, which includes both DFS and betting information, and that is lost twenty dollars a month Ben Heisler sports illustrated head on over. And sign up and enjoy this weekend and the rest of the football season Ben we'll talk next Friday. Thanks so much Isler you gotTa Chris Ryan. Kelly the home loan expert is one of the great sponsors of the program and scoops with Dan AMAC DOT com and right now is a perfect time to learn about a home loan refinance you hear the word all the time, but maybe he don't even know what you're doing essentially. You're redoing your loan. So in terms of your mortgage retooling your loan, the home loan expert is paying off your current loan and giving you a brand new loan. You can decide the term thirty years. You can go shorter, give them a call look at your current mortgage and ask the home loan expert Ryan. 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I'm Chris Rabi until Monday nights each other and it's always excluded. Through. Reminds.

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Hour 3: 4/15/19

The Paul Finebaum Show

00:00 sec | 2 years ago

Hour 3: 4/15/19

"The Paul finebaum show podcast is brought to you by the new Capital One saver card. Earn four percent cashback on dining and entertainment two percent on grocery stores and one percent on all other purchases. What's in your wallet? Cried pack then patron Torri of college. Football leaves here face. The Paul finebaum show. Our three podcast busy show. We talked about Nick Sabin hip is he still is going to be a hipster or is he going to be laid up with a hip surgery. Let seems to be the conventional wisdom down in Alabama. What about will weigh certainly has taken center stage and all the different spring games? Eight Friday and Saturday, we have gotten a reaction to some if not all of them. Let's continue with more phone calls and rights is up next. I have a little trouble with that connection. We will get back to that. Call on a minute Ray is up next Ray, go right ahead. Going off ball. Hey there, buddy. Good afternoon. I just want to Tigers Mazen eight game. And it was great, man. And you have a nice time. We'll thank you. I appreciate trying to be trying to welcome in spring. Now that the masters is finally over good to have you on RJ is in Kentucky, and you are next up. Hey, R J a pow apology from last week. I what what what did we what did we get into? Isn't that Mark stoops and Kentucky house comp him down? But I I won't Jesse because he was trying to you know. Whole ground with Marston. And you know, what watching that blew hot game Friday. Even it changed. It changed. My I mean, Mark suze don't leave ever be a ACC contender. If he wins to make games, you're I think everybody would be happy. But the blue light game. He really chart Terry Wilson, and they gotta run back name smoke. Hey is going to do some smoking had did you did you get to watch? A. Yes. I did. I'm not sure I saw Nuff was going home while it was ending. So I I got home right as it was ending. So I didn't see much, but I plan to go back and review it. Okay. Appreciate you. Show. Pollen. Apologize once again. Hey, listen. I wanna make it clear to you. And everyone else RJ. No one knows me an apology for anything we talk and as far as I'm concerned when we hang up we hit the reset button for the next show. Thank you very much for saying that though, and let's continue with more calls. Tim is in Orlando, Tim, go right ahead. Just curious how you felt that any of the SEC spring games. Wow. You'd any of disappoint. You know? How did you feel about? Hate to rank them because I I can, you know, eight I have not really had a chance to spend a lot of time with all of them. If I had to say a school that impressed me the most maybe was was am I thought that team looked a little more complete than maybe I thought JIMBO would have them after one year. I liked what I saw from Florida. That was a quick snapshot Alabama. The defense impressed me Auburn the two young quarterbacks. Have impressed me Kentucky. I think look solid. I'm trying I'm leaving someone out. But those are just a quick snapshots of four or five or six games. Just wanted to see what your hasn't was great great to hear from you. And you know, again, I we try to have experts on who at these games and who were on the field or in the press box. I can assure you I've been spring games. I've even coach in one or two, and I didn't know what was going on. Because unless you know with the coaches are trying to do. I mean, I know that there was a situation. I think in the Alabama spring game. I believe it was two who who did not look very good. But all of a sudden he got hot. I think he was up against this. Some there were some twos. Threes and fours in the game from the defense at the time. He was doing he did he he didn't do a lot against the ones. That's what you have to keep in mind is you know, who's on the other side. Most most quarterback can do really well against subpar competition foster in Austin. You are next up. Foster you there. Apparently, not how about Jimmy. You are next up. Good afternoon. Jimmy. Hey, how you doing? We are great. Thank you for the call. I got a couple of questions on a what do you think about the perseverance of Felipe bay frame, and what has spent -tations us for fans can have from them all year too. I like Philippi. We've got a lot of conversations about him lately, including one with injury Adelson the other day. And I I think he has grown into a good quarterback and a leader. And I am pretty high on the Gators. I mean, I'm sky and the Gators now if they didn't have toy Georgia be even higher. Right. Right. I think other liens though. I I don't see too many games where I wouldn't like their chances. I'm on. I two more doors the game, and that's all in the net. LSU's it I I'm a little area. But I just remember that they do play at Baton Rouge in Auburn. They have at home, which I think is a is a good is a good place to play Auburn Auburn. I think I've said this probably a couple of years in a row, but Auburn may be the most mysterious team in the SEC. I mean, they could challenge Alabama for the top or they could just be a disaster. I don't know which one thank you for the call. Let's continue with more calls right now. And try bright Bryce again, I think we tried him a minute ago, and it sounded like he was underwater. Bryce, you are you above order now. Out of the wind. How are you? I'm well. Thank you for the call cool headed question for you. Jeff problems new contract at Purdue in the big ten. So you've got hair bow and then Penn State and then him he stayed in the big ten pay. Now, I saw that pretty amazing. I wonder if the million I wonder if the same agent did that that did the Rick Barnes contract. I mean, thirteen and thirty teams not too good over two years for thirty six million knows. And I I'm a I'm a fan of his, but yeah, I mean, there are two different ways to get paid you either get paid on what you've done Barnes, Bruce Pearl or what your projected to do Brahm. And I. I mean, I I get the feeling now that athlete directors are like people that run the government. They they have an unlimited budget. They just spend it. We'll find it somewhere. And it's a matter of keeping the talent in house. I thank you very much for the call really great to hear from you. Richard is up next in Baton Rouge it Hello, Richard. We are great. Thank you. Hey, I wanted knowledge you say nimble verbal virtuoso. How you like that? I like that. I'm I'm thinking about Kansas side, whether to play Wagner or Beethoven, well, Blake seventy six from bone that would be well that would be much easier to conduct and they mentioned virtuosos by there's a room for you that seventy six trombones on a clarinet, right? With a hundred and ten. Posing in rows of the finest virtuoso, but you stand alone. Let me say that. Thank you very much. That's I'll I'll put that one down. Hey, I'm calling about the railway station and the way that speaking of member verbiage the way that the verbiage is being handled that in. Nobody knows anything about the will weigh situation. Yes, are sly permanent little comments made about we'll wait that off potentially career doing. And I wonder why do we do that? Why is there you know, that they have been you know, just to be fair. They have been incidences that other. But the big blue blood in basketball is no Stiglitz Kentucky. And I don't wanna leave litigation. What we saw with the the one where they spent the money in the in the video box. Yeah. I don't wanna really the gate. You know, please. I don't relitigate DJ fluker. Either. However, the lack of even handedness or should I say, the speculating with no fat, but injures the LSD fans psyche, and certainly essentially injures the career of real, wait. What if we're way get let me let me stop you for one second. Because I mean, you you may be completely right about everything you're saying, but. I mean, we'll wait was suspended for what five to six weeks by LSU. I mean, I mean, it's easy to blame the media, but his own bosses, and I know it sounds convenience say, well, we got we suspended him because he wouldn't cooperate that. I think there's probably a little more to it than just that. Yeah. Okay. So the media had in my mind had every right to speculate on the end of will Wade because the university did very little to support his likelihood of coming back. Now. Clearly there were some reporters in Baton Rouge. Who were right? They kept telling us here that the university was trying to find a way to get him. Back was is suspicious of that. Yes. I was was a suspicious am I still suspicious? I am and part of that comes not from just a rush to judgment. But depending and listening to people in the industry who who felt like they had a pretty good grasp of the situation. Now, they may not have it's entirely possible. But it's also entirely possible. We still don't know very much about why he was suspended, and we we know even less about why he was brought back other than he went out and hired an attorney who had represented Bruce Pearl in the past. And Shawn Miller in the past and in his attorneys resume. It's quite interesting to note that he he is very good at what he does in fact in the attorneys resume he talks about getting a an NC double a charge against an SEC football program dropped as part of his ability. This is a very good attorney. And this attorney clearly played hardball with LSU in LSU once we'll wait showed up made the determination to reinstate him. Now is he is he is it what he coach next season. I don't know. All I know is he's been reinstated. And I hate to run we are up against a break. But we were going to find out more when we talked to Glenn Guilbeault that is a right around the corner. Cried passion, then Patrie of college. Football leaves here. Face skews. The Paul finebaum show. Our three podcast. With get onto the big story of the day, at least in the SEC, and that's will wage reinstatement. Glenn Gilbert, always great to have have on Glenn. Always. I'm sure you're you're maybe you knew about it in advance. But that that late Sunday night news dump on. We'll wait good afternoon. How are you? Gary did not know about it. I mean, I thought something happened on on Monday. But no that was that was a bit of a surprise to thirty Sunday knife right after the master's ruled a really nice day. But you know, it was probably it was probably the right decision for LSU in the short term. We'll listen we've all tried to speculate in very few of us, especially me know, what know anything. So that's why we want you on to help us better understand how we got to this point. And where we go from here. I have to question every day covering LSU. Now, I think really will Wade folly wise up and and met with LSU, you know, if he'd had done what he did Friday if he'd done that back in around March ninth or tenth he could've coached LSU in the SEC tournament, and and maybe gotten a better seat Costa and through the NCAA tournament and probably would have had a better chance against the team. Like like, Michigan state, but any hired a better attorney, Steven Jake Thompson just hired that person a couple of weeks ago who who defended Bruce Pearl, Shawn Miller, and and and all of a sudden coach Wade was was meeting with LSU, and he got his job back really, really nuts. Very little has changed tween now and in and in March, you know, so he could have he could have been reinstated back in March. So where does this put him though, especially with this looming trial coming up is he still in on that is he out? Do we know anything? Are you know, the the he's he's possibly going to have to testify in in this trial federal trial starts on April twenty second that came out in February that he may have to testify, and and you know, he wasn't suspended for that. And I don't think that really would have stopped him from from being reinstated and in March, but you know, something could come out of that. But you know, there's a chance he may not have to testify, and it it depends. What he's what he's asked. But regardless of what comes on in that. I think the NCAA and the FBI are gonna continue the FBI, particularly it's gonna continue to investigate and then the NCI NCAA after that. So you know, sooner or later, you know, LSU in Wade or going to have to pay the piper so to speak if he did a legally recruit survived a smarter and other players. Does it seem like this was a short term legal game where if he did this then LSU would do that? And you're you you alluded to it there. But you're putting off the inevitable trying to figure out really what's to what his future looks like. Yeah. I definitely looking at a short term situation right now, you know, he can start recruiting on busy prospects on on Wednesday there in on some really good prospects. There's one in Birmingham, Alabama actually that LSU has a really good shot at friend in want bird from mountain brook. But I think they were looking at at short term. And and really the thing is, and I think the way schools view the NCAA now, and what AirAsia did in keeping showing Miller in a very similar situation. Miller got up tonight. Everything that's kind of what we did. You know, you take your chances on the NCAA, and and it's down the road. So you know, you you worry about that when that comes up. So in the meantime, you you keep your coach you try to win. Whereas if you fired your coach, you know, you might look better in the eyes of the NCAA down the road. But your program will suffer in the short term. You know, what else you wouldn't have a chance to get these players coming in and keep into players thinking about the draft that they didn't have weight right now. So they took a short term strength. Is there a sense of relief in Louisiana or has there been so much damage done that it's hard to really figure out what to believe in this case? Oh, there's a big sense of relief from Nellis you fan base. But I think it's a little naive. Then in a way. I mean, they think it's okay. You know, they think it's completely over they think they're coaches back, and that's it. Whereas really, you know, it's it's kind of a short term solution. You know, it's it's not over. There's still an ongoing and seeing choir of of Wade and engine author smart and the federal investigation is still going on. But you know, LSU fans kinda don't, you know, they don't believe a lot of stories even though it's pretty black and white. If you read those Yahoo the Yahoo sports report. But no, the LSU fans are happy to have their coach back though. I think some of them do think that you know, why why don't you? Why? What did you do this back in March? I mean, that's what I'm thinking. Why didn't wait do this back in March? But LSU pants are flaming LSU for that. Not wait, which is kinda crazy. Do you think as much criticism as he gets Joel Leyva had has had any other choice in handling this procedure the way he has? And it's you know, he he he's got to be smart enough to know what's around the corner, or what could be around the corner. Wouldn't you agree? Yeah. Well, his contract loans out of the year. So he might not have to deal with it. It might not be. But you know, I've I've not always defended leave, but I think he's handled this extremely well. I mean, you know, they always shoot fans disagree with me. But I I make a leave us done what he should do. I mean, he should have suspended way refused to to meet with them. And wait also he didn't give a leva an accurate picture of what was going on when the leaves spoke to him back in October. When the first tapes about we'll wait came out in in his recruitment of of another player also Provincia who ended up not coming to LSU. And so, you know, I think leaving LSU has done the right things. They're you know, they were correct. When they said Wade broke his contract by not meeting with them in in March. And and they kept the door open. You know, they've kept the door open for over a month is the meaning they had Friday was the same meeting. LSU wanted back. In March ten March ninth when or March eleventh when they could've gotten way back in time. So I believe it's done a very good job considering what he was up against the way is the one who messed up his chance to coach his players in the NCAA tournament. And if I'm willing to wage players, I gotta be saying, hey, crate, you met you got reinstated. Why didn't you do this back in March you could've coached this tournament? Glenn, a no you it's easy to blame lawyers. That's who you allegedly believe or depend on. And we know we know Wade change lawyers. But is there any other explanation to his behavior from back then until now? Well, yeah, he did. He did change warriors. Michael McGovern was in New York City criminal lawyer who is it buys him not to meet with LSU back in March. And then there's new lawyer Stephen j Thompson from Chicago. He he changed things. But still weighed mate that says wading hired that lawyer and listen to them, whereas common sense should should've told them. Hey, I need I need to be with my boss right here and the end, but you know, he made a mistake. But he did apologize yesterday in his statement. So hopefully does realize minimum state. Are are we going to hear any of these people talk to the media beyond statements? I don't think so no I was told by somebody at LSU last week that this was not going to be a press conference situation. Yeah. They they don't want to answer the obvious questions. You know? You know, what what did you do with your day? Smart coach, wait, what do you mean by strong s offer? What do you mean by piece of the pie? What do you mean? By the word deal. You know, he's probably not going to answer those questions, and you know, a lot of times when when something like this happens schools are moving toward just releasing statements instead of having a big press conference. Glenn? I know you've you've alluded to there. There are more curtains to look behind that at some point. But if you had to take a wild guess will Wade be coaching next November when the season begins. Yeah. I think he will be coaching. I think he's following the Shawn Miller blueprint. There was also one tape talking about a financial deal for player and he's still the coach that zone. I don't know how much longer he will be. But I think Wade is gonna continue as coach and they're gonna cross that NCA bridge when it comes up. I actually you will he should he be coaching next year. Well, you know based on the information, they have you know, that I have that. I've read I would say, yeah. But I would think if you know if more information comes out more damning information and LSU, you know, should have more access to to some of that information quicker than than the general public. If they keep funding more information, you know, because again, remember Wade, sending October. That's it. And then this came out in March with with smart. So if there's another revelation by Yahoo. And and more information comes out, then I think LSU's got, you know, realize, hey, what are we doing here? But you know, at the town LSU's been multitasking. I mean, Dave looked into what it would take the fire Wade with 'cause too. So they're they're they're prepared to to move in that direction if something if there's another revelation. But right now, it looks like he's gonna coast. Do you think out? This is a tricky question. I I know I know I know what the view is inside the state is anyone they're concerned about the way. This looks outside of Louisiana. No, I don't I don't think they care about how things look outside anymore. You know? And if if LSU fans to say, oh, look, look what that schools do look at this school through. Hey, look, what your school's doing, you know, and and LSU has historically had a pretty good reputation for its NCA compliance department. But you know, I'd say they've taken a hit by this, particularly if he remains coach, and and there's more revelations, but you know, LSU's only been on probation basketball once but ball twice, which is which is pretty good. But you know, this is not something to brag about you know, they they looked like any other school right now. Arizona, you know, Auburn, of course, almond fired Chuck Person, though, you know, LSU hasn't hasn't fired anyone they just did suspension. So, but you know, LSU can't look down its nose on anyway. As if as if they could have before that, you know, they're just like Arizona in this situation, which LSU people criticize. As the world turns. The by version. Hey, keep keep keep to then. You know, there's another. Yahoo store could drop at any second. Yeah. I don't know what. The odds are in Vegas. But I bet you could get you could get some money on one on happening. Hey, thanks, Glenn. One thing's for sure you always have a job as long as Joe Aleve is the director. But he did do with this. I think, but you know, he's he's probably he might be looking forward to to leaving in a year now. Yeah, I enjoy. So his contract runs out. Is there any reason to believe he's going to stay or go or or do you think he's out? He's he's on his way out. I think that he's got some fans he's got some detractors. But it's it's coming up on a about a year away, you know, July of two thousand twenty you you'd think if he was going to get an extension. He he would have already gotten it or pretty soon. So it's gonna be interesting to see I I will tell you. I I don't remember at LSU having an athletic director, who's younger than fifty you know, in a long time. And you know, it might be nice refresher to to have a younger athletic director. I'm sure I'm sure king. Alexander's listening to your comments invol- dealing note that Glenn come comeback soon. Thank you, very very much. Thank you. Great stuff. Some really revealing stuff there by Glenn. We'll take a break more of your calls right here. And we'll talk to Todd Blackledge in the final hour about Alabama spring game coming back with more. Cried passion, then patron tree of college. Football leaves here. The skews. The Paul finebaum show. Our three podcast. Glad you're here. And appreciate you. Joining us. Let's go to Fred next in Texas. Hello, fred. Today. Rub. A happy Monday. Thank you. I want to talk a little bit about this wheel Wade situation. Then there was one thing that was saying that the end of the call with grin in. And basically what he was saying was that, you know, the people in Louisiana have a waiter. They feel about this that may be different than the way that others view it and I've wanted to dig into that just a little bit. If I can because you and I talked about this. And you even though you Philip brother from the south. I don't like that you get the wheezy feel that some people have on this. I want to try to explain it, please. Then there was at infidels of a certain age. They'll remember this name sheriff Jessil also from real perished in the sixties and seventies. In was very youngest Sarah thirty one years old, he visited was brought up on federal charges of extortion and criminal allegations, including the fact that he used the deputies cars he says clause. To the the ignorance the DOW Chemical because he saw that they were license plates. Go from Arkansas, Tennessee, Texas, all around and not enough, Louisiana. He was acquitted. Whether it was his whole jury on every single charge against just a law. So when you wear for election, businesses, slogan, your fought, you know, he's right was if you would never was bear. God what is Fogel from sixty four. We the of people look at what's happening. They'll say we're not gonna let somebody from the middle district of Louisiana. Some additional New York. Tell us how we're going to judge one of our old people. And when you talk about the tape and you ask the right question. What about the take? What about the violation that appears to be taking place on tape Paul if you Anna sports fan? Yes in yourself. Really? Are we saying that violations of sports Lewis caught on tape should have his own the fainting counts? Because of the first thing they're gonna sit January twelfth let twenty nineteen saints Rams game. When it was violation of sports will was caught on tape. And yet nothing was about Monday. Let me jump in here quickly. I mean, I lived in Louisiana with Edwin Edwards was a governor. I I'm familiar with the state. I I didn't live there long. But a year was enough brother legally understand what you're talking about. But, but I you all I don't need to educate you, you're an attorney. But there is a difference between criminal law and NC double A law. And I think some people are getting that confused. No. Well, listen, the two of us in John Hayes could get will Wade off on a criminal charge. But that's there's a difference though. Between the way the way things are going to come down from an NCWA. Now, I think Lynn said it best. LSU's gambling right now that the NC double A is so incompetent that they'll never be able to make this stick. And by the way, that's a good gamble. But what about LSU's reputation in the process? That's what I ask you. Well. I'll I'll read you ask too far because one of the thing they glance it. And he's either maestro. He knows that program inside now, and you know, the history as well, he mentioned that there was only one instance in which LSU's basketball program had had NCAA sanctions. And that I believe he had to be referred to a mess to Earl situation. Right. Went back to the NBA in the ninety. And here's the deal about that LSU had three I think three or four basins, and what happened Lester Earl the plan for those who don't LSU player who allegedly was paying about sixty six hundred dollars the Sheila while it was LSU something along those lines and Brown and at the prime assistant goes Johnny Jones were implicated in it. They were eventually both of it. And Lester Earl vote a three pays apology that was envy evident newspaper that said that NCA told him unless he gave them something on coast Brown coast Jones when he transferred to university of Kansas. He would only have one. A year ago they will ever. Listen. It's really. Oh, man. I think you're right. And and I think LSU is is is doing this the way they feel like they they must. But I'm willing to bet you that. It doesn't have a good ending. We'll talk that they have to be seen. And I wanna be clear I'm trying to explain the feelings. The sentiments of people who are who have called in charge in the support of the coach and those who have even sat on the sidelines. But I can't let you go. Without this one thing that has to be integrity in any system and people have to have confidence in it. If they don't have confidence in it. It's at that point that they begin to say as like we don't care because then you'll hear Rick Latinos name who goes name. Okay. Allina all this. And so I think that's part of it falling. So I'll leader with that you having a great show. I just wanna hear somebody answer that question. No. You wouldn't about raise a good question. I think right now, they're so there there's such a lack of integrity across the board with the NCWA, not not only from certain schools, but from the top does anyone really believe or trust the leadership of the NC double A. And I think there in lies the skeptics. We are up against the break. More to come on a very busy Monday. Todd Blackledge final hour. Your phone calls are next. Cried passion than patron tree of college. Football leaves here. Face skews. The Paul finebaum show our three podcast. Welcome back. Glad you're with us. And how about Stewart in Montana Stewart? Good afternoon to you. They fall. Are you good? Love your show. Thank you very much. I'm alive blow guitar Theun. Wow. I love college football basketball. And love things today is has been for many years is how come the NC double is able to the they're ruining our our sports. They they don't have any common sense. They put in its replay. We all know that. The visuals are human and make mistakes, but I'm very upset with Virginia being the. The winner of NCWA when I over veal and the replay shows than double dribble would have ended. They'd calls a double dribble that happen. The game would have been over. Okay. Say guy. I they got back and check the replay. With would. They've also seen the Auburn foul right before the double dribble. Well, you know, but they in the replay. He was no the of after the overtime, the she's a three point Charlie. Listen, let's not get hung up on that. That's not gonna change. So I mean, I I agree with you. The NCWA is pretty. There's some pretty shady characters up there. Well, you know, they use in as they use. It's the replaying tennis and baseball they baked mistakes, they change it. But anyway, I think Vinci's AA is not for years as up in three leading the college athlete properly. Well, I I think about that there then there's certainly high number of. Lawsuits that would support that. Yeah. Again back into the replay. You know, it was incidentally, may be but in the in the way, it'd be I mean, these are these are these are. I mean, you're getting the NCAA confused with basketball rules, and and I'm not looking to. I mean, the game's over. I'm I'm happy with it whether the right team won or not is is really Auburn Auburn should of you know, if they hit they could've victory won that game. There are plenty of opportunities to win that game. Thanks for the call hate to run. Let's check in with Wayne in Memphis. You're not you're up next. Hey, wayne. How 'bout college football analysts fall does Tennessee or any of SEC school have any of these college football analyst on their staff? I think they do. I don't I don't think anyone has the number that that Alabama does. But but everyone's able to everyone certainly capable of having as many as they want or at least within reason. So Tennessee has one other words. Yeah. I I don't I mean, I know that Alabama's a really good question though. I don't I don't know about. Other schools. All right question. Number two. Major Applewhite and Butch Jones. Are they analysts for offense or defense or everything? I would think the major Applewhite Butch Jones our offense of analysts. Three. Are they involved in recruiting at all? No, they are not do. They question. Four in the last question. Do they get paid anything? Right. Are they just own their batting their time as they collect from their college is separated from listen. I don't want to make this. They're they're paid a a small number compared to other coaching salaries. It's large compared to what most of us make. But I think it's because of you know, they're still being paid elsewhere. I mean, Butch Jones being paid by Tennessee, major Applewhite is being paid by Houston. So you have to keep that number fairly low. Otherwise, that's the contract. You know that? Okay. Well, that's all I thanks to good stuff. Nick is up next. Nick, right ahead. How you doing man? We are. Yeah. By the way, I mistake. I I put you our Dany brands the other day, and I meant to put you on with Cuba because you don't like that would Rams that was Danny brands. I would keep AKIs here today. What was they want to put him? Oh now clad a with him. What do you have manic? I don't know. I don't know of by mail us. Well, because I think on talk spring game to his performance the all the coach now that what I wanted to talk about one dollars day. What it felt about the game? I want to ask what invoked by Dr. He looked average. Wait a minute is Nick starting to quarterback controversy. Maybe I'll be good defense. You like MAC? Matting y'all last year was an may paid. Well, so what? Well, they should have been MVP this weekend. They gave it to metric they're saying Mack. Jones can meet a top ten defense. I'm john. He was laying NASA number one day fans way. Then the game especially over to listening to the Paul finebaum show podcast.

LSU LSU Wade Paul finebaum Alabama NCAA SEC Glenn Louisiana Football Auburn basketball football attorney Nick Sabin Kentucky Baton Rouge Yahoo Shawn Miller Kentucky
My Parents Gave My Wife a Car for Her Birthday but It's in Their Name (Hour 3)

The Dave Ramsey Show

40:42 min | 2 months ago

My Parents Gave My Wife a Car for Her Birthday but It's in Their Name (Hour 3)

"Live from the headquarters of ramsey solutions broadcasting dollar car rental studios. It's the ramsey show. Where debt is dumb cash is king and the paid off. Home mortgage has taken the place of the bmw as the status symbol of choice. I'm dave ramsey your host chris hogan ramsey personality is my co-host open phones at triple eight eight to five five two two five. That's triple eight. Eight to five five two two five. John is with us to start this hour off in kansas city. Hi john how are you not too bad. Appreciate you taking my call. Sure what's up. hey For the last Let's say dozen years been focusing on real estate and dust team s as a landlord and do she flips here and there but i've I focused on that. And i don't feel good about some of my cash investments as far as like ira goes. I feel real good about what i've done with with real estate and what that's done for my net worth but You know at this time. Should i just continue on with my roy estate investing or do i need to put more money in my ira. I i have about one fifty. And i'm fifty years old one checchi myrick. Well the point of getting retirement is to have some wealth right. I don't really care what is in as long as you're comfortable with. I'm only comfortable investing in two things. I invest in good growth stock mutual funds. And i have a lot in that in my retirement accounts now if you're in a bank. Ira you said cash. And you're making one percent and you need to roll that and get with the smartvestor pro and get it in. A mutual fund well met was the long term long-term long-term cash. It's it's what they investment company pros making any money. Yes yes it's doing well okay. So what's the gripe about it. I guess is what i'm saying. Why should i be sure. I'd be a little more well rounded you. Don't well you're heavy real estate right. You don't feel good about that or you don't feel good about the invested about being heavily in less than analysts. Say i mean. I feel good for what it's done for me. It's it's it's performed. Well really good. You know Return on my investment on a percentage basis. I'm just looking forward to another ten or fifteen years when i want to retire. You know is are the properties all paid off. They are okay. And what's your total value in your real estate portfolio about one point two million gaughman Very well done well. I am personally just as you know. This is who you're asking Way heavier in real estate for two reasons. one is. I bought a bunch of real estate at nickel dime on the dollar in. Oh eight and so. That stuff has gone through the freaking roof. Since i bought it at the bottom comparatively the lost values in recovered within eighteen or twenty four months and then on top of that. It is appreciated dramatically. Since then. and i'm gonna stay dog. I got morose lashes in one thousand nine hundred seventy eight man. So i i love that business and i love that investment of comfortable with it so You know way more than fifty percent in real estate in my net worth. And so. But i'm very comfortable with that. I'm not worried about it because the real estate's all doing well. It's not got if i got a piece of real estate. Then do well. I get rid of it but i don't get into that very often. There's no rule that says that you can't be there and other people on the other hand hate being a landlord. And they've got all their money and mutual funds which is just fine. Those are the two things put money in. I don't really put money in anything else. Kinda same here. yeah. I do have a home mortgage. I don't feel great about it but you know let's get that cleared off That'll probably help you. Know if you pop one of those investment properties and pay the thing off. That wouldn't make me mad. But i mean i have you done something theoretically by the way that i teach or run. My life or chris teaches his life. No you haven't okay my my thing about the re- like my home mortgage is about three hundred k. And my house is probably worth double that Some about fifty percent. They're always look at the interest rate on my home mortgage and think well making a lot more with you know with my money to real estate. And that's bull. That's complete if your house. If your house was paid off you wouldn't go borrow on it to buy rental house when you're sitting on me and a half a million to and paid for real estate. If you thought that was great you would have been deep in debt on that stuff. You don't think so. If you know if i if if some of my real state brings me you know Fifteen to twenty five percent return. I would not borrow my house to buy that. Okay well i. The only thing i've borrowed you know my mortgage is just on my mind though effectively borrowed on your house to buy that because you're not willing to sell it to pay off your house. It's the same math right so you can. Do you wanna do. I pay off that. Stay out of debt. And i got out of debt longtime ago. I don't borrow money. And so when a pandemic comes or two thousand eight comes right or a non one one comes. I'm the little pig in the brickhouse show The wolf can huff. And puff. And i'm ready and john. You've done a great job paying off the rental properties and that's great now as they talking you pivot. Let's look at your primary residence. This is your home for goodness sake. You want that thing paid off and out of your life so that that needs to be the next mission. Fifteen percent of the piece of real estate dude you're not making it in a mutual fund It's got a higher hassle factor than the mediterranean has. But you're not making that on your mutual funds. Make more real estate than i do on my mutual funds but the mutual funds are less hassle. And you know So it's whichever one you want it. It doesn't really matter thing is grow money. Dan is in vancouver. Hi dan how are you. Thanks for taking my call. I really appreciate it and the christie. I am one of those old dogs that used to go to the store with my mom the cash in the book. Let's love it so So my question is sixty four and a half My girlfriend is sixty two. I've been single for seven years. She's been single for twenty Were both pretty well financially set. I've got about a half man in my retirement account. I don't owe anything with exception of my condo and my girlfriend pretty much. the only thing she's got about four times the amount So more debate. We remnants conversations. As far as we get married you get married. You hear all the different comments from the peanut gallery. Why do you wanna get married. What are the benefits. Besides the spiritual benefits So wonderful your thoughts as far as at this age what would what would you do in a situation like this. I am that age and so But you know the answer is real simple. Amer a christian i. I've got one option. Get married. That's my only option and i ha. I believe as a person of faith that god gives us that direction. Because it's what's best for us and now do you need to maybe a pre nup with her with two million in you with a half. A million for clarity yeah. That wouldn't be a bad thing. I don't usually recommend prenups. Most of the time i don't but you guys have enough money there and it just keeps the real clean and you know extended family or whatever no longer has an opinion once. There's a pre-nup in there but you know but then you keep saying this age. You're young you still got thirty. Something years left buddy. Live your life and connected to someone that loves you and you can love and keep moving forward. I sharon always jokes. Says you'll be remarried in about thirty minutes. If i when i'm going like no. It'll take me forty-five not cropper. Twelve more minutes. You're listening to the ramsey show. How often can you get the best of both worlds. Not very often right. Well with the rate secured program at churchill mortgage. It's possible you can secure a lower rate now to nail down your budget and if rates drop while you're shopping for a home they'll give you lower rate so if you're buying a home this year you'd be crazy not to call churchill and get your rate secured now go to churchillmortgage dot com or call triple eight loan two hundred. This is a paid advertisement and mls one five nine one in mls consumer access dot org equal housing lender seven sixty one old hickory. Boulevard brentwood tennessee. Three seven zero two seven. Thank you for joining us. America chris hogan ramsey personality is my co host. Today michelle's with us in madison wisconsin. I'm michelle can help you. Chris curry debate right. How can we help well. I'm gonna turn if i'm this up pretty clear that a lot going on over here but first of all i have no I was divorced last year We've sold our house We bought it in such then. The recession so We got a cheap told at the top of the market deal. As as a bit of a deal got divorced. So i'm dr Dr a payoff subaru No doubt whatsoever. I'm happily renting right now. i've got some cheap living going on at the moment i have about Twenty seven thousand dollars Liquid savings so plenty of emergency funds. i do have Several businesses and actually sewing one of them this year Having interested buyers not sure how that's going to go and i do have Half of my husband's pension My question for you is what. I should be doing that. i am not. I don't earn a lot I do have five income streams Which is not unusual. I think but i'm able to be home with my kiddos. Who are doing virtual schooling their fifteen thirteen eleven My annual income is about twenty thousand About five hundred. A month in child support My question is should. I be saving for my next home or should i prioritize retirement and education for the kids that are quickly becoming adult If unhappily renting as a is it important to buy another house or should i be prioritizing my money elsewhere or all three It's just a matter which order matter which not not. All of them are things you're going to get around to It's just a matter of the order of the attack. You're still healing from a divorce. Trying to get a career started again. Which apparently you probably didn't have before only did i have several. I have Several businesses actually. But you're doing a lot of work for twenty grand. Yes i am so I think that's the biggest thing. That's a glaring concerned. Two major lack of income at the So no i wouldn't be worrying about buying a home right now. I'd be worrying about not worrying but my first order of business. I'm going to invest in. Something is to get your income up and that can be a work at home thing. It could be that you invest some money in one of these ideas that is working and that you can expand. And i might do that before i did. I'm not worrying about buying a home immediately. If you buy a home the next five years you'll be okay. Yup and and if you get the first in college in the next five years you will have done a good job and so on but you're going to have to have income inaccessible accessible what you've got to do either one of those things. Would you agree. I do agree. I am again. I'm selling businesses this year so forth making any money Probably means somewhere around ten grand and that does not solve the issue at hand. You have a household of four on twenty thousand bucks in madison. Wisconsin yes i know. That's that's the glaring. I'm not do something wrong. I'm just saying if if there was an area to work on. It's not a lack of home ownership. It's not a lack of retirement savings right. It's the the we want to work on. Do something and it could be investing into one of these ideas again. If you're going to put money into something that's what i would put it towards and not much but a little bit and let's let's see if we could just i mean really. I mean you could double your income. Maybe forty thousand. Yeah and michelle. You've done a great job by not having debt. You put yourself in a situation and so that's the thing looking at because again. The income is going to allow you to be able to save up for a house or save up for college and do the things you're looking for so again trying to thin. The herd a little bit of the businesses. Yeah and figure out which ones hobby versus which ones a business because businesses make money are fun and so just be honest with yourself and start to assess that and let go of some of those things so now you can focus on the main things and really be able to grow your income. I'm gonna guess and say out of the twenty thousand and fifteen thousand comes from one of them and the others are semi hobbies. Probably that have got their distraction and they probably are fun and she likes them But the one that's making much needs to lean in on a minute. You said it just guessing and they enjoy it. But it's a distraction. Yeah meanings you're not making money. No hobby yeah no no. And that's that's real. I'm just guessing. That's why i'm a little bit. Add myself and that's the way my mind works. I can get. I can get caught up in seventy three things at once and i have to. Purposefully go oh no. We're going to get the idea down to one colon down. Because i can get just can get. I can thin out my resources so thin right of of time emotion spirit money over everything else has gone and so hang on. I'm going to give copy of chris. Christie rights book business boutique Equipping women to make money doing what they love now. I'm not saying having fun is a bad thing. I'm just saying if you're not making money doing it. And when you're using fun as an excuse to do it and calling it a business. That's a hobby. Yeah all right ed. One is whether said headwinds in new york city hi edwin. How can we help. Hi holly thank you so much for taking my call. Sure what's up high so My wife and i are not baby. Step three b. We're saving for a house and We were debating also to of fabled for cars as well so we had some extra savings on decipher. But we decided not to do it. And my inlaws. They knew that we wanted to get another car. Because i already have one. And my inlaws bought my My wife a car for her birthday so we were very grateful generous. Really get it and everything but We found out that they actually had to finance car. They know to to to to get to so we weren't really too comfortable with that but wants to call to see what What can we do next so obviously they did not put the car in your name or they financed it with a personal note. Yeah a the cars under their name insurance registration everything on their name Nothing's on power name and they still have to pay it off and other things. It's a brand new car to like an old car. It's a brand new car Yeah so we don't want to we we. We have the money to but don't know what the remaining balances well. We could assume how much it is and we have the money to pay it but then they if you're damn it feels like we're taking away from their gift to us. Yeah well this is not a gif. No kirsch yeah. They're just confused. They're broke people trying to do and nice thing wrong way. And if you do this you're taking money out of the home down payment fund correct. Well the thing is that we shall. We had the money aside for the car and also for the home but since we since we decided that you know we're not going to get a call right now right. He just thing together so the only gonna be. I don't know a difference of like seven months in competing. Three so I'm big of a deal for us. But you got serious family issues right because normal people don't do this. Toxic normal people communicate adult to adult. And say we'd love to give you a car but we're gonna take a slow while to pay it off and talk about it and showing up and going surprise you give you a pony. She's not eight years old. she's a grown woman. This weird crap. Yeah this tries to tell us. They wanted to get you a car kind of car lot. And we've told them like hey look on live. You wanna wait. We don't want to call right now. I'll look at how we are in now. I guess they just felt like it was like they knew best kind of thing. Yeah they were demanding. They decided they were gonna tell you. All what your. How does your wife feel about this She's a little mixed about it she. She doesn't burn their feelings but she knows it's a bad deal right. Yeah exactly. I think the two of you have to decide what you're gonna do if this happened at my house your wife has. It's her parents. She's going to have to handle it. I mean you can sit there for support. But she's going to do the talking mom and dad we love you and this was an attempt to do something really nice but it was a negative attempt. And we don't want the car we will not accept the car and you should take the car back and you should sell it and get it out of your life and then you guys go on with your life and don't do this again. Please have better communication with us than this is not how we live our lives. This is the ramsey ship off folks. I'm a huge fan of simplicity. And that's why. I've recommended simply safe for years to protect your home. They introduced wireless security over a decade ago. The took so many of the complications out of getting home security you customize your system online it's delivered to your door and you set it up yourself in under an hour after that you have twenty four seven professional monitoring right now visit simplisafe. Direct dot com. And you'll get a free. Hd security camera with any new system the lobby of ramsey solutions on the debt free stage. Justin and heather are with us. Hey guys how are ya de. Do you guys live in michigan. All some good to have you. Welcome to nashville. And how much have you paid off. Seventy two thousand two hundred sixty dollars. Oh right love it. And how long did that take you eight and a half months good for you and your range income during that time while we're self employed so in two thousand and nineteen. We had eighty thousand dollars and this year are projected to make between one fifteen twenty. Wow very good excellent. What are you guys do for a living. I'm a carpenter home remodeling and stuff like that. Okay very cool. So tell us. What did you pay off. Well we had two thousand dollars coaches fifty five hundred dollars for a classic card sixty six hundred dollars for a dirt bike eight hundred dollars for another classic car. Ten thousand five hundred dollars for a dump trailer and thirty seven thousand eight hundred dollars for a student loan while so. Somebody's some toys. Well yeah we'll come full responsibility for that won. Hers was only the student loan. So i wasn't thinking about her. That's so great. Somebody else must have had some money in savings or you sold something. I'm we saw owned about twenty four thousand dollars of stuff. What did your cell we sold by fifty. Four hudson hornet. I and justin sold the brand new dirt bike. The he got he didn't even get to ride it in michigan. We bought it in november and it was gone by the end of march so no time to write in the winter and then we also sold some tools that he had laying around and about. Oh wow okay so you sacrifice some real stuff here. Just what happened what caused you. Ought to get this series. Well you know stuff just stuff you know. I look at the kids every day. And i don't wanna you know i wanna give them a means you know. Show them teach them you know so they can provide for themselves and better themselves and then come with owning our business by the time the end of two thousand nineteen came. We had all those loans and also working for a contractor that when he paid paid really well but getting him to pay was a job in itself and so trying to float paying our subcontractors keeping the business going with buying materials and the expenses for it and then also paying ourselves the way that got really heavy and we were working basically for nothing. And i i think the other thing too is. We realized we had our priorities wrong. And that we needed to god i and once we put god first and our life then all that stuff just became stuff. It didn't become the source of contentment that we were looking for and so once it was like the floodgates opened. And it's like you say when god realizes you can manage the small then it gives you more and as the your own along we couldn't believe like the prophets. They were getting from these jobs. And we're like this much money and just blow it or like the answer. That question and we had a few bumps along the road in july. I got into a car accident. And i so we were pretty thick into. We're really close to being done. And justin had an eighty five chevy suburban laying around that had no air conditioning. The radio didn't work. And i it was. It was not my first choice of car. But i've actually named her bertha and drove her with pride because we were not going to get another loan And actually we ended up getting the car back and seeing the progress that we had with so little left on the student loan. I was like. I don't care about getting fixed up like take the money that we were going to use to fix up the car and i don't have to see the outside of it on the inside and we tacked it on because we just saw how fast it would progress like getting out of dot sooner so when originally started we thought it was gonna be two years and i convinced him that only take eighteen months and then it turned into a year and then as we just kept going and just kept piling and looking at everything that we could sell it just turned into eight and a half months and we were done kind of turned into a game I mean once you turn lucia things emotionally. Then it's like okay. How can we. What's the tetris working on work. And we shot this money to make to make us debt snowball role and i was listening to your show and you had someone on. He said something that really struck a chord. It was that guy is not a transactional relational god and that you know. He's not just going to give you the seventy thousand dollars but when you commit to it he finds. He gives you a way to do it so justin had lots of opportunities for work. We had all this stuff that became such a burden became a blessing annoy because it became a means to get out of debt and get out of the master. We have made very cool. And just you talk about your kids being your motivation. How you all we have three. How old are five and a half. Almost four and almost two so in in the stuff is just stuff. You don't know okay. I don't brand new dirt bike. I have a twenty year old dirt bike. I have a twenty five year old car. It gets to work the same way. We'll throw it so what's it really matter. That's you got your priorities straight. well done. How's it feel to be free. It's amazing when we sit and look you know. All we have is just our house payment. It's just such a weight lifted off and you know being able to show that for the kids to you. Know we're starting to teach the five year olds i about giving and saving and spending and she's got chores around the house and she just bought her first toy from earning her eight dollars of on dishwasher. Yeah i love it. You guys are incredible well down. He rose very proud of you. What are you tell people. The key to getting out of debt is well being on the same page us. Because we've actually known about you for ten years and we were ramsey ish for ten of those areas actually match you seven years ago at your other building and we get on board but then know doing this as it's a commitment and you know like i. It was something that we didn't think we'd be able to do. And we thought we were better than the average person because we did have a thousand dollars in emergency find. We did have a loose budget and we would get along and we pay it off early but then going another one going another one and okay laughter. this one. we're going to get into it and we never really did and then finally when all that kind of way down. You're like okay. We got we got to knock it out now get discussed that. After some point game on 'til all hours of the night on nothing to show that feel like a rat wheel run run run run getting nowhere. Well don you guys very very proud of you. We got a copy of chris. Hogan's book for you every day. Millionaires that needs to be the chapter in your next chapter in your story. And the kiddos join you for the debt free scream. What are their names and ages. This is anti and she's five. This is she's almost two and this is hotson and he is almost four. Wow you gotta house full this awesomeness right here. Well you've changed your family tree guys. I'm very proud of you very well. Done very well done all right. Justin heather addie hudson and seventy two thousand paid off in eight and a half months making eighty to one hundred and fifteen. They sold everything that wasn't nailed down. Count it down. Let's hear a great debt. Free scream three two one. Well done you guys. Oh wow very very well absolutely these young people. These young kids are going to have a whole different future now. Mom and dad have taken back control and have a path and have clarity on. That's fantastic you guys just starting to legacy and it's amazing it. Amazing you're looking at a family got changed those of you watching on youtube and i gotta tell you that's a real thing really happens. Rachel cruze was born the year that we went broke and we started understanding these things and Of course her. Older sister denise was a toddler emerges hanging on by a thread. that's a year. Our life was changed. Said never again never again. And now rachel's kids assess so and you know the family tree changes you are. You are changing it but you have to make a decision and you have to draw a line in the sand and go. That's it we're done. That's right we're done. And the united arab twenty year olds something the rest of your life. But you do until you. Don't you gotta make those sacrifices. it's a requirement. You got to do it until you don't got to do it though that's it and you pay cash for it as you go. That's the way it works very well. Done you guys proud of you. This is the ramsey show our scripture today to seven show yourself in all respects to be a model of good works in your teaching show integrity indignity thomas. Jefferson said matters of style swim with the current in matters of principle. Stand like a rock. Mr stylish himself. Thomas jefferson who there. You go chris. Hogan ramsey personality is my co host. Today here on the air. James is with us in nashville. Hi james welcome to the dave ramsey. Show thank you dave. How you better than i deserve. What's up i have a father. Who's a longtime believer in keeping the cash next thing. Unfortunately he's pretty elderly elderly mound. That nasr taggart's ground north of five hundred k. I'm wondering what do i do with five hundred k. Of hundred dollar bills when he passes the eighty seven now. And you know it's the or these run businesses entire life. He's put back a little bit of money every month and never spin it and here. I am in this dilemma now How do you bank with regions. Okay good Go into them and talk to them about private banker and go ahead and set your bank up on notice for this and ask them how to process this cash. Best well in advance. We're going to start talking about it now. The atf requires a report. I believe it's over. Ten thousand dollars. Cash comes in It's reported on you to keep drug dealers running money through banks okay and So a report goes out but to the feds but that's not the end of the world it just shows is there and You you know. I do not know what a bank will require the process much. Can i know what i would require. Require an armed guard leaving his house and it would certainly be best if you could talk him into. He's sitting on hundred dollar bills. James your mom hundred. Yeah is he. Does he have all his mental. Faculties still Well that's another issue. But i mean he probably ninety percent okay. I mean for his age. He allowed you to open a bank account and began to put this in. Oh heavens okay okay. And the only reason i asked about the faculties to has this is what you know about. You know the five hundred thousand. I just seriously yard with a metal in the backyard. Just i would ask him just in talk and say dad. You know we're else. Did you used to put money and just so you're able to kind of have a trail You you might be surprised. There might be closer to seven fifty or something you know all total wants to once you find it all. Yeah yeah just become his home. Go ahead you're going through his home. After he passes will certainly be all mine. Yeah i'm guessing you probably has hoarded other things Not so much. He loves his cash. And that's he cares okay And you know where you know. He's got a bunch of real estate and you know some other holdings and such but It's mainly this is caches. Might be concerned. Because you're i'm always worried about similar lasted forfeiture and doing. Are you an only child. You an only child james. Yes okay okay. That's good well yeah. I hope he's has a will and anything you can do to i. I just worry about his security yeah And so obviously it hasn't affected him so far in eighty seven years so he's okay on panic about it. But would you get a safe. Dave and at least try to get something in there to lock it down. I wouldn't be a bad idea. You know if you can talk him into it. Yeah and there's already have done it a man or who he's told about it so just keeping him safe. Yeah that's the idea is that My goodness gracious. But yeah you're going to have to somehow Usually a private banker Would help you within your branch and regions. Reasonable bank will be able to provide that and can help you process the cash. I'm sure there is a reporting mechanism. Positive that they have to go through. But i don't know how much changes between ten thousand five hundred dollars. I don't so that's when i say the beginning of the show cash is king. That is not what i meant. Just clarity just clarity. I don't have one hundred thousand dollars in cash stored in my house. I can promise you that money needs to be working for you just in the hammock doing just sitting there. Mike is mike in charlotte north carolina. Hey mike how are you. i'm great. i'm great. Hey guys My wife and i did our estate planning last year. We've got two daughters under the age of four So if something happens to us one of my brothers would be dick. You're our state in another brother and his wife would raise our daughters. They've heard you talk about how you sit down every year with your family and the board to review. What would happen if you died. My wife and i are kinda wondering. How often should we review our state with my brothers. I think my wife a little hesitant to disclose to pay 'em where we stand financially So should we dive into those financial details. Yes don't ask them to manage it if you're not and leave it to them and then be surprised by what it is. We should have a reading of the will while you're alive and say this is how much this is. If you trust him to manage that you build trust him telling him about it and the caveat would be that he should not discuss that with other family members. It's right and mike. I agree that that wants to that. Annual review is a good thing. Here's also the other kicker. You can send the kids in one direction and the money and the dead okay. You did do two different brother. All right right. Oh yeah definitely. Sit down with them. And i'll sit down with them. I mean if nothing changed and last year you said there's one point one million in the 401k and this year there's one point two million and you call them up and just have a ten minute conversation. Everything's the same. The only difference is. Here's the balances than i'd give an update it the more complicated. Your state the more indepth your annual review will be but it could be three minutes. But i but i just wanna touch base. Make sure he's still cool. Managing it make sure because people do this stuff and they look up. A decade is gone by. Nobody's talked about it again and memories get short right and if family gets crazy mike you reserve the right to update it and make changes. Yeah absolutely yeah. So it's not in stone but a you can. You can adjust that anything. Of course major that changes in your life if you change if you move your residents different stay to If if a child reaches the age of eighteen or twenty-one that may necessitate a change or recommended change in her will at that point You know you you you also need to as the kids eighteen year start reviewing the stuff with them if them yeah and i was saying. Sit down and talk about. Let's talk about the initial meeting. Dave where you're sitting down and yes and then that way you can email update and just keep everybody on the same page. Yeah yeah that's probably if he doesn't know the amount he just said y'all manage the money hey think it's two million and it may be two hundred thousand army. Be the other way round. And so you need to. Just everybody's got to have expectations about exactly what is going on here is going to happen. if you can't trust them to discuss it while you're alive don't trust on to measure when your dad thought the truth so And you got to go through this stuff and you talk about the kids. We talked about that with Who we were gonna leave the kids to take care of these kids know that needs to be discussed and when we when we hit the drama about getting a will people. This is because if you die. It's called dying intestate without a will if you don't have won the government's gonna make decisions about where your kids go. Yeah and and and. I've traveled to almost all the states. And guess what. They're potholes in every rhode. Well if they can't take care of a road what makes you think they're gonna take care of your baby so do a will detail the people that are getting kids and do it the right way. I'm done that's pretty good. That's pretty good. I like that. you can't trust them. Take care of the roads. Don't trust them. Take care of your state throw will. That's good markets are really good question. Thank you for for doing that. But the more complicated. The estate the more in depth or annual review would be the annual review. Could if it's got all the information in the year before it would could be a five minute phone conversation. Yeah it doesn't require much but it makes you stay in touch with the details and the people on the other end in touch with the details. And that's smart. That's just good. Good diligence process going to show. Thank you sir. Good to be with. Game is our producer. Kelly daniel associate producer and phone screener. Great job in there guys. I am dave ramsey. Your host will be back with you before you know it. In the meantime remember there's ultimately only one way to financial peace and that's daily with the principal takes geez. Hey it's kelly associate producer and phone screener for the ramsey show. If you would like to do your debt. Free scream. Live on the show. Make sure you visit daveramsey dot com slash show register. We would love for you to cut the national and tell your story if you're looking for fun and practical ways to save money in your everyday life. You need to check out the rachel cruze show a podcast from money expert and my daughter. Rachel cruze guys. It's rachel cruze. And i'm so excited to tell you about high podcast. A lot of people are living paycheck to paycheck. They're end debts. They don't even know where to begin but they have. This need this. Want to get in control of their money and that you you have come to the right spot so in each episode during get a ton of inspiration and practical advice. Not subscribe to the rachel cruze show podcast today. Hear more from the ramsey network including the rachel cruze show wherever you listen to podcasts. Hey it's james producer of the dave ramsey show. This episode is over but check the episode notes for links to products and services. You've heard about during this episode. Thanks for listening.

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