17 Burst results for "Step Bay"

"step bay" Discussed on Armchair Expert with Dax Shepard

Armchair Expert with Dax Shepard

11:13 min | 9 months ago

"step bay" Discussed on Armchair Expert with Dax Shepard

"When you're at craft and then you graduate cooking school and they start letting you cook in that kitchen. Is there anything that you recognize? Oh I do have a knee sheer. No it's not a niche. It is very much a rigid caste. You're the lowest person there and you have to work your way up till you get to the top and I saw very early on my role was I. GotTa do whatever they tell me to do. Right and what I learned though was it wasn't an aptitude. I wasn't naturally gifted at it. But what I saw about cooking. That was very appealing to me was man if if I do this every day I get better at it right well. The golfing was probably great training for this in a way because it very much yeah. Golf is such a baby steps baby. Step Bay just Mike. Rowe improvements over years. It taught me a lot because I'm pretty lazy person by nature but I get competitive as a motherfucker on. That's yeah that's helpful and Gulf turn me unfortunately into a total lunatic in terms of competitiveness. And that's how I viewed it was. Oh for me to get to this person's position I need to be better than this person column. I going to get there when I opened up in two thousand four. No one wanted to work with me. Not One person it gives you insight to how bad I was. What do you think the people would have if if you would have invited someone to be a part of it and they say I won't work with David for X Y and Z? I can tell you 'cause I've asked them all my friends to. You're not that good. Okay you are never been a sous chef you wanna make Romuald the fuck. You're talking about because you know after I cooked for craft like I came back and went to Japan because I felt like there was unfinished business and I wanted to work there and I learned a lot in Japan cooking. Living Japan was like a life changing experience. Because I learned a lot about myself because Japan's such an expensive country particularly food and I had like on saying tiffany but I came to the realization that I could eat really well. They're cheaply and that. That was a weird thing because back in America in two thousand three. If you said you wanted to go to a nice restaurant food people think. You're like a snob right. Oh Yeah Yeah Yeah I would have been people calling someone snap. Yeah because you weren't wrong because you couldn't eat well there. The the whole idea of eating well was yet fast food to eat a nice meal. Meant like some fancy French restaurant that was just exclusive to anyone else other than White People. So it was really elitist. It wasn't democratized at all yet. No not not at all. So this is the weird thing that. I had the realization where I was cooking Japan. I was like wait. Everyone's actually eating. Well I most of my meals at convenience stores like the seven elevens their equivalent like some of the best food. I had weren't like convenience stores like sandwiches noodles. I have the stereotype of Japan and the Japanese work ethic and I guess also through their engineering and vehicle manufacturing which is the only field. I know a lot about. There's meticulousness to their work. Ethos that is evident in their product. So that what's happening with the food? Is there like an attention to detail and meticulousness or is it? They're using real ingredients. That aren't process like we're using here. What was the distinguishing factor? That made it all so good. They just care more like. Have you been to Japan before? No I'm dying to go. It's one of the one of the only places Monica I want to. It's the greatest food culture in the world in my opinion and everything's good in. Everyone knows more about food than anyone else in their food culture. Just it goes back like a thousand plus years there restaurants that are like four hundred five hundred years old killed right so but like that all trickles down to everything in Japan is just a little bit better because they care more they just simply care more and like an egg salad sandwich. Would you ever buy an egg salad sandwich? American seven eleven. I'd be terrified. I would imagine it had been made a week before minimally. Yeah well the logistics there in Japan is like the constantly being made somewhere and being shipped to these places. So it's very fresh and it's made with delicious ingredients. And IT'S AMAZING. The Egg Salad Sandwich at a lawson so that convenience store is one of my top five things will ever eat. I want to see now. You're talking our language bean stores. I could walk down the street and I could just buy like. Niko which steen stuffed dumpling of sorts. And it's like fifty cents and it's delicious and I was like wait foods. Amazing here in the cheap food. That's just as good as even the McDonalds is fucking unbelievable in. Ooh We need a rectangle. Sam We need chicken sandwich. Burger King over there. You know what if I go to Tokyo? Mcdonald's because I'm telling you that they say they still fry their fries in beef fat tallow so Donald News mcdonagh does McDonalds McDonalds now really quick so I read kitchen confidential. When did that book come out around two thousand and two thousand two thousand one? Yeah okay so I read that book and I was like. Oh Wow if I had not gone into comedy. That would have been my life. The kitchen life is a bunch of party animals sex crazed drug laden terrible hours. Everyone's fucking each other. I'm like I'm in. That's my kind of culture. Were you experiencing that at Kraft? Did you like that especially given the kind of Cross Your T.'s? Dot Your I's childhood was that chaos appealing so when I first got to craft what I love most was how serious everybody was. It was like you entered like a surgeon's room but the moment service ended. It was like going to a party right right. It was work hard. Play hard and also during service and this is why I've always deemed as like a healthy kitchen is when people are making fun of each other. I was like Oh this is perfect for me. It's like who could hurt. Someone's feelings the most like this is exactly where I need to be. And you're making really delicious food but like there's different kinds of kitchens and I was close with Tony and he wrote about kitchen culture. That was very real at that time but it didn't exist at certain levels in my opinion like the restaurant like kraft was only about food. I could've been naive but I never really saw anything because I was always just working on the food. Everyone was so fucking busy cooking that you couldn't do anything else and it was pretty hardcore. There are a lot of crazy stories. I've seen a lot of crazy shit because kitchen. Culture thankfully has been updated. Where do you get the ball? Start Mama Fuko. I'm probably so long as well. No no no more Fu so again like following the footsteps of my brother. My brother Love's allman brothers. So I love the allman brothers. You know eat. A peach. Became like one of my favorite albums and when I was studying everything before I left for Japan. Like anything you know. Anything in became a hobby after the first trip to Japan and I I learned that the guy that create a cup of noodles was named Momofuku Ondo and I curse all the time and I was like this. Sounds like motherfucker? That's a great name and I'll use it if I ever restaurant called Momofuku logo. After Japan I worked for Danielle Balloon and injure calmly Nieta Upper East side institution called Cafe Balut. And you know at this time I was getting better but I didn't know what I WANNA do because at the time. Then if you wanted to have your own restaurant you had to get tapped by the chef so for example if I spent enough time with Daniel Glued in one of his patrons decided hey. I want to open a restaurant in Boston. Do you have someone that I could hire? And that's how you get a job working. Yeah and I was and I was like probably if there was like sixteen cooks in my ranking I was like fifteen. I'm never I'm never going to be better than everyone else. Around that time. I had my first manic experience on the depressive side. Yeah and things were going south of my family as well and then all in I was also working like fourteen. I don't know what fourteen sixteen hours time six days a week but it was like crazy amount of work and I just was like losing my mind and my mom's bed and cancers for twenty four years. My brother was in the midst of pursuing my dad and all this crazy shit was going on and my reality was like melting away and I was not in a good place so that was another reason why I had to leave and one of the reasons I started Momofuku was I reached a point. I was like fuck it. Who cares you know what I mean like using that sort of that equation of like what's the worst thing that can happen? Yeah right I might just Joe Myself Anyway. So who cares fight? Fuck this up. Who Cares can I ask what were the depths of that period? Did you end up having to quit the job? Were you unable to work? How destructive did that spell? You know. It's funny it's like throughout my life. I feel like I wanted to ask for help. And Even Times. I think I've asked it in college or even high school and high school was pretty traumatic for me to like there's a whole nother like. I went to the private school that produced the last two Supreme Court justices. Oh yeah you into short shorts town Pratt. Yeah got imagine your some of your classmates. Parents were like senators and Shit. So it wasn't a it wasn't a fun time for me so I I didn't really fit in and I am remembering highschool asking for help and people are like you're fine and then I never never asked my parents like. Hey I think I need to see therapists or psychiatrists like that doesn't exist in Asian American household right. Just don't do it. You know what the remedy is is. Stop crying suck. Yeah yeah toughen up yet I need help is is weakness right exactly. Yeah and the whole idea that you need someone to talk to or get medication on. That was just so foreign. That was never going to happen. So you know when I was twenty six. That's where I reached a point where I was like. Fuck it and did you self medicate. Oh my God yeah there we go. I mean man I was really good at it. E Yeah your baseline is feeling like a negative sex and drug even in its worst condition. Continue to to. You'RE GONNA pay that option in my experience. Yeah and because my industry also was like me even after college you go out every night I mean every night. I'm going to bed at four in the morning. Five sometimes sleeping in the locker room just to go to work in the morning. It's insane. I tried to block a lot of that out because it wasn't like that fun but a lot of drinking and I don't like to say that I had a drinking problem but yeah I definitely had a drinking problem. Sharp sharp while you're talking to someone with a drinking so it's okay you're in good company bad medicine.

Japan Golf Rowe Kraft Step Bay David sous chef Romuald McDonalds White People America Boston Supreme Court Burger King lawson Tokyo Mama Fuko tiffany allman
"step bay" Discussed on Experts on Expert with Dax Shepard

Experts on Expert with Dax Shepard

11:13 min | 9 months ago

"step bay" Discussed on Experts on Expert with Dax Shepard

"When you're at craft and then you graduate cooking school and they start letting you cook in that kitchen. Is there anything that you recognize? Oh I do have a niche here. No it's not a niche. It is very much a rigid caste. You're the lowest person there and you have to work your way up till you get to the top and I saw very early on my role was I. GotTa do whatever they tell me to do. Right and what I learned though was it wasn't an aptitude. I wasn't naturally gifted at it. But what I saw about cooking. That was very appealing to me was man if if I do this every day I get better at it right well. The golfing was probably great training for this in a way because it very much yeah. Golf is such a baby steps baby. Step Bay just Mike. Rowe improvements over years. It taught me a lot because I'm pretty lazy person by nature but I get competitive as a motherfucker on. That's yeah that's helpful and Gulf turn me unfortunately into a total lunatic in terms of competitiveness. And that's how I viewed it was. Oh for me to get to this person's position I need to be better than this person. How am I going to get there? When I opened up in two thousand four. No one wanted to work with me. Not One person it gives you insight to how bad I was. What do you think the people would have if if you would have invited someone to be a part of it and they say I won't work with David for X Y and Z? Tell You 'cause I've asked them all my friends to. You're not that good okay. You are never been a sous chef you wanna make Romuald the fuck. You're talking about because you know after I cooked for craft like I came back and went to Japan because I felt like there was unfinished business and I wanted to work there and I learned a lot in Japan cooking. Living Japan was like a life changing experience. Because I learned a lot about myself because Japan's such an expensive country particularly food and I had like an piff Ni but I came to the realization that I could eat really well. They're cheaply and that. That was a weird thing because back in America in two thousand three. If you said you wanted to go to a nice restaurant food people think. You're like a snob right. Oh Yeah Yeah Yeah I would have been people calling someone snap. Yeah because you weren't wrong because you couldn't eat well there. The the whole idea of eating well was yet fast food to eat a nice meal. Meant like some fancy French restaurant that was just exclusive to anyone else other than White People. So it was really elitist. It wasn't democratized at all yet. No not not at all. So this is the weird thing that. I had the realization where I was cooking Japan. I was like wait. Everyone's actually eating. Well I most of my meals at convenience stores like the seven elevens their equivalent like some of the best food. I had weren't like convenience stores like sandwiches noodles. I have the stereotype of Japan and the Japanese work ethic and I guess also through their engineering and vehicle manufacturing which is the only field. I know a lot about. There's meticulousness to their work. Ethos that is evident in their product. So that what's happening with the food? Is there like an attention to detail and meticulous or is it? They're using real ingredients. That aren't process like we're using here. What was the distinguishing factor? That made it all so good. They just care more like. Have you been to Japan before? No I'm dying to go. It's one of the one of the only places Monica I want to. It's the greatest food culture in the world in my opinion and everything's good in. Everyone knows more about food than anyone else in their food culture. Just it goes back like a thousand plus years there restaurants that are like four hundred five hundred years old killed right so but like that all trickles down to everything in Japan is just a little bit better because they care more they just simply care more and like an egg salad sandwich. Would you ever buy an Egg Salad Sandwich at American seven eleven? I'd be terrified? I would imagine it had been made a week before minimally. Yeah well the logistics there in Japan is like the constantly being made somewhere and being shipped to these places. So it's very fresh and it's made with delicious ingredients. And IT'S AMAZING. The Egg Salad Sandwich at a lawson so that convenience store is one of my top five things will ever eat. I want to see now. You're talking our language bean stores. I could walk down the street and I could just buy like. Niko which steen stuffed dumpling of sorts. And it's like fifty cents and it's delicious and I was like wait foods. Amazing here in the cheap food. That's just as good as even the McDonalds is fucking unbelievable in. Ooh We need a rectangle. Sam We need chicken sandwich. Burger King over there. You know what if I go to Tokyo? Mcdonald's because I'm telling you that they say they still fry their fries in beef fat tallow so Donald News mcdonagh does McDonalds McDonalds now really quick so I read kitchen confidential. When did that book come out around two thousand and two thousand two thousand one? Yeah okay so I read that book and I was like. Oh Wow if I had not gone into comedy. That would have been my life. The kitchen life is a bunch of party animals sex crazed drug laden terrible hours. Everyone's fucking each other. I'm like I'm in. That's my kind of culture. Were you experiencing that at Kraft? Did you like that especially given the kind of Cross Your T.'s? Dot Your I's childhood was that chaos appealing so when I first got to craft what I love most was how serious everybody was. It was like you entered like a surgeon's room but the moment service ended. It was like going to a party right right. It was work hard. Play hard and also during service and this is why I've always deemed as like a healthy kitchen is when people are making fun of each other. I was like Oh this is perfect for me. It's like who could hurt. Someone's feelings the most like this is exactly where I need to be. And you're making really delicious food but like there's different kinds of kitchens and I was close with Tony and he wrote about kitchen culture. That was very real at that time but it didn't exist at certain levels in my opinion like the restaurant like kraft was only about food. I could've been naive but I never really saw anything because I was always just working on the food. Everyone was so fucking busy cooking that you couldn't do anything else and it was pretty hard core. There are a lot of crazy stories. I've seen a lot of crazy shit because kitchen. Culture thankfully has been updated. Where do you get the ball? Start Mama Fuko. I'm probably so long as well. No no no more Fu so again like following the footsteps of my brother. My brother Love's allman brothers. So I love the allman brothers. You know eat. A peach. Became like one of my favorite albums and when I was studying everything before I left for Japan like anything you know anything in became my hobby after the first trip to Japan and I I learned that the guy that create a cup of noodles was named Momofuku Ondo and I curse all the time and I was like this. Sounds like motherfucker? That's a great name and I'll use it if I ever restaurant called Momofuku Peach logo. After Japan I worked for Danielle Balloon and injure calmly NIETA upper east side. Institution called Cafe Balut. And you know at this time I was getting better but I didn't know what I WANNA do because at the time. Then if you wanted to have your own restaurant you had to get tapped by the chef so for example if I spent enough time with Daniel Balloon in one of his patrons decided hey. I want to open a restaurant in Boston. Do you have someone that I could hire? And that's how you get a job working. Yeah and I was happy and I was like probably if there was like sixteen cooks in my ranking I was like fifteen and I was. I'm never I'm never going to be better than everyone else around that time. I had my first manic experience on the depressive side. Yeah and things were going south of my family as well and then all in I was also working like fourteen. I don't know what fourteen sixteen hours time six days a week but it was like crazy amount of work and I just was like losing my mind and my mom's bed and cancers for twenty four years. My brother was in the midst of pursuing my dad and all this crazy shit was going on and my reality was like melting away and I was not in a good place so that was another reason why I had to leave and one of the reasons I started Momofuku was I reached a point. I was like fuck it. Who cares you know what I mean like using that sort of that equation of like what's the worst thing that can happen? Yeah right I might just Joe Myself Anyway. So who cares fight? Fuck this up. Who Cares can I ask what were the depths of that period? Did you end up having to quit the job? Were you unable to work? How destructive did that spell? You know. It's funny it's like throughout my life. I feel like I wanted to ask for help. And Even Times. I think I've asked it in college or even high school and high school was pretty traumatic for me to like there's a whole nother like. I went to the private school that produced the last two Supreme Court justices. Oh yeah you into short shorts town Pratt. Yeah got imagine your some of your classmates. Parents were like senators and Shit. So it wasn't a it wasn't a fun time for me so I I didn't really fit in and I am remembering highschool asking for help and people are like you're fine and then I never never asked my parents like. Hey I think I need to see therapists or psychiatrists like that doesn't exist in Asian American household right. Just don't do it. You know what the remedy is is. Stop crying suck. Yeah yeah toughen up yet I need help is is weakness right exactly. Yeah and the whole idea that you need someone to talk to or get medication on. That was just so foreign. That was never going to happen. So you know when I was twenty six. That's where I reached a point where I was like. Fuck it and did you self medicate. Oh my God yeah there we go. I mean man I was really good at it. E Yeah your baseline is feeling like a negative sex and drug even in its worst condition. Continue to to. You'RE GONNA pay that option in my experience. Yeah and because my industry also was like me even after college you go out every night I mean every night. I'm going to bed at four in the morning. Five sometimes sleeping in the locker room just to go to work in the morning. It's insane. I tried to block a lot of that out because it wasn't like that fun but a lot of drinking and I don't like to say that I had a drinking problem but yeah I definitely had a drinking problem. Sharp sharp while you're talking to someone with a drinking so it's okay you're in good company bad medicine.

Japan Golf Rowe Kraft Step Bay David sous chef Romuald McDonalds White People America Boston Supreme Court Burger King lawson Tokyo Mama Fuko Cafe Balut Daniel Balloon
"step bay" Discussed on Entrepreneur on FIRE

Entrepreneur on FIRE

01:43 min | 1 year ago

"step bay" Discussed on Entrepreneur on FIRE

"Dot com to learn more about the great work that John has recently published. So Jon thank you brother for sharing your truth with fire nation today for that we salute you and we will catch you on the flip side or pleasure. Hey fire nation. At today's value value bomb a content was brought to you by John and no this successful entrepreneurs accomplish big goals period. That's why I created raided the Freedom Journal to guide you accomplishing your number. One goal in one hundred days my sound like a longtime it's not and we're talking step-by-step fire nation step by Step Bay GonNa get with you Little News in the blocks aren't anyways visits the Freedom Journal Journal dot com use Promo Code podcast for a fifteen dollar discount. That's keen say if you speak Spanish and as soon as they think you've listened to my podcast and that's why I'm giving you that fifteen dollars discounts. I'll catch you there. Fire nation or catch you on the flip side getting your sales copy in funnels annals just right can be difficult but with click funnels new one funnel away challenge you can have everything up running an optimized in just thirty days join the next one funnel away challenge for just one hundred dollars at e o fire dot com slash funnel. That's ill fire dot com slash slash funnel. Looking for a place. You can go. We're hiring is simple fast and smart that place ziprecruiter. In right now you can try ziprecruiter for free free at Ziprecruiter DOT com slash fire. That's ZIPRECRUITER DOT com slash fire. Zip Recruiter the smartest way to hire..

Freedom Journal Journal John Freedom Journal Jon
"step bay" Discussed on The Cycling Podcast

The Cycling Podcast

04:03 min | 1 year ago

"step bay" Discussed on The Cycling Podcast

"They're available Rafeh Doc- if you'd like to chase one of those items but we'll be presenting free of charge peddler Ducharme t-shirt to a writer will not be that invoicing them for for it and this week later this week few contenders for week one Michael Markova Very. I think that's a very good idea popular nominee. I know maybe we'll do the twitter poll just with four the four officers to be Michael Markov Michelmore Tale Maluku Different pronunciations of the same writer enemy m listening to the podcast reported that they witness him in Brussels guerande par going speaking to <hes> some disabled funds aunts who were in a special area close to sign on stage and where most writers had written past obviously and more had stopped and spoken teach them so it was nice to hear but Yana Frito at perennial peddler Ducharme contender former winner inert as well and but he gave me Shar bothell when he misses his feet in the breakway the other day Julian C mo also for helping might Tunis and when he was off the back and then the Yellow Jersey Alway by in epernay think decision into on that dated name well he's not Lionel's vote but does he have any will be running the poll in the next twenty four hours or so but we don't want to influence the Talbot Volkmar Moore Cove Enemy One one guy who was in the breakaway way today was Thomas Again <hes> you spoke to him at the star fronts on what he said was quite interesting. Given what happened Thomas the real test who did the first real test of the frontside you feel about it. It's a stage that could suit you if you assault from from only the last climb is <hes> too hard for me <hes> but I I would like to be in the breakaway and just to be up front and <hes> to try and take some points or <hes> yeah maybe if <hes> teach to jump across the Nyum already haven't could do my work for him or maybe Tim so. I would like to be a fun. It's easier dead on <hes> to to suffer Negra Pettus so I would like to be <unk>. You want some some of the most famous classic summits in cycling. Would you rate lack plausible fee. I as one of those dry. It's only the fourth time thing to do a Finnish there but it's yes <hes> it's a it's already as as big name in the in the bunch <hes> seven eight years ago. Nobody knew plenty of heat but if you if you tell now in the in the bunch of do applies about e- everybody knows kind of climate and how hard hard to this even though hard with the extra kilometres put it so it's <hes> starting to have a big name. It's not a big line of the Alps but it's starting to have a big it named as a man with your experience. It turns out that the last three times the two came to La plausible fee the men who took the Yellow Jersey that they won the tour. You think who could have the same scenario this time around. Maybe it's possible well. It's it's all possible but the other two depends on the writers another race and maybe from guy of the break still survives a good climate in the breakway and <hes> he will take maybe the elegy take a few days and it's a it's a wrong step bay pression there from Thomas Again and we we're not not surprised to see him in a break but I think we probably were surprised to see survivors of the break contest the finish and what was really notable not only that there was some strong writers and not break but also the lead they had a feature in bike racing. The last couple of years has been the breakaways haven't been allowed very much leeway three to four minutes tended to be the maximum advantage there like here when I take minutes and at that point he thought somebody's GonNa win from this breakaway..

Thomas writer Ducharme Yellow Jersey Yana Frito Talbot Volkmar Moore Cove Enem Michael Markova Negra Pettus twitter Alps Lionel epernay Tunis Michael Markov assault Brussels Julian C Nyum Shar bothell La
"step bay" Discussed on KGO 810

KGO 810

13:01 min | 1 year ago

"step bay" Discussed on KGO 810

"That, that, that was the good part, that was juicy part at the beginning of the speech. She did. There were certain people that she thanked there were people who she said, you know, really assisted her. And so she did do that at the beginning, she thanked the teachers, so I guess they anticipate that it's going to go like that throughout. So she did that. But then she turned around and she. I think it was probably honest, what she was saying. I don't think she slandered anybody I think what she said is probably utterly Acura about accurate about what went on in the school district, and how it might it more difficult how it didn't assist her in accomplishing what she was able to accomplish. But it made things more difficult. Now a spokesperson for the sweet water union school district called the speech inappropriate and out of lowering Natalie's, mother said, she's proud, she spoke out, and that she spoke up excuse me that she spoke up and got it out. Look for years, we've heard stories of valedictorians, who have gone rogue valedictorians, usually these days. I don't know if this has been going on forever, you know, you can let me know that it happened when, when you graduated from high school, but now speeches have to be vetted by administrators before they're allowed to talk some people have gone off script and in some. Cases. It has caused tremendous embarrassment. Sometimes it has been considered offensive. But here's the thing, these are high school seniors. Most of them are either adults by law or very near that age and they're supposed to be the cream of crop at their schools. These supposed to be the people who are the best of the best. So what is the point of the valedictorian speech? What is it, they are supposed to do is it to elevate the school is it to make the people at the school feel good about themselves to boost their egos? Are they making their speeches in order to make the parents and the family members who are tending the regulations, as is it to make them feel good about the school environment that their children were in where hopefully they were able to flourish, certainly where they are graduating with taking this, you know, enormous step in their lives on that day or is the valedictorian speech supposed to be something that's designed for the students for the students who? Attended school, along with the valedictorian is supposed to be about them and their accomplishments and their experiences. The obstacles, they may have overcome is supposed to be inspirational to them to tackling the future. I mean these are adults these really are in essence adults shouldn't they just at this point shouldn't? They be treated like adults shouldn't they be allowed shouldn't you have trust in your valedictorian shouldn't you, give them, some guidelines and say this is what valedictorian speeches supposed to be about this is what it is to be a valid Torian. You're on your own. Use your best judgment isn't that the way that it should be? Or maybe you don't think they should be allowed to speak to their peers as they choose if they wanna call out problems at the school while also extolling virtues. If they wanna courage, the fellow graduates to soar even when. They may have felt let down should they not be allowed to do that to give both sides of this. And once the speech begins, even though it has been vetted. It's not that easy to shut it down. Sometimes they do. Sometimes they turn off the microphones of people who do go rogue. How do you think that high schools should handle valedictorian speeches? Here's, here's something that with my kids all three of my kids in high school. Here's something that I have come to realize when your kids are in kindergarten and in grammar school. They're treated a certain way they're treated as children. And that is, as you would expect I've noticed in my kid's education that by and large, as they get older as there in the fifth grade. And then they go into middle school. My kids went through a K to K through eight so in six seventh and eighth grade most of the teachers begin to treat them differently than they treated them when they were in the first in the second grade, they treat them like young adults. They give them greater responsibility. They allow them. To bring their opinions up to do questioning to engage in critical thinking they encourage that in high school. That is even more, so the norm. But it is not the way all teachers behave in high school. I have noticed and even a couple of teachers in middle school. They treat your kids like they're still children in college. When you went to college. I know when I went to college there were still teachers professors, who treated you, if you were child who didn't treat you, as if you were an adult and I think when your kid and, and the whole group of kids when this is the last day, the next step they take literally the next step bay take is a step into adulthood on this day, shouldn't you treat them as if they are dealt s-, the kids who are in the audience that you're talking to because I tend to think the valedictorian should be talking to the kids. Maybe you disagree. I know some schools de. Definitely disagree. Should they be treated as adults and should the valedictorian be allowed to use their own best judgment? This, this young woman was not alone. Rachel maddow. Did it? Yeah. When I interviewed Rachel Maddow, down in San Jose at. What was the San Jose State? I interviewed Rachel, and it was wonderful. It was a lot of fun. But I started doing research on Rachel, and I found a YouTube video of Rachel Maddow, giving her valedictorian speech at Castro Valley High School now I'm not gonna play that for you right now. But I will play it for you. In the course of our discussion. I just want to know from you. You know what you think the restrictions on valedictorians should be? Or do you think there shouldn't be any restrictions that the valedictorians are supposed to be the cream of the crop? You tell them what valedictorian speeches are essentially about. And then let him go. Give them a time limit, you know how to fit it into this much time because the program has to move forward. But then let them do what you believe they do best. And that's the reason they are the valedictorian. Right. Eighty eight ten is the number eight eight eight ten we start with Don in San Francisco to Han. Hi. Welcome to K GO. Oh, you dear. Thank you. Nobody ever mentions family. Father was Bill, right? Bill Bill is one of my favorite shows mentioned when you're not on the scene, and there's an uncle taking on our responsibility and all the ups and downs and somebody else's kids and what was the name of the Butler, there that mister, French. Yeah. Because he was more. He played more of the typical mother role and Bill played the father role. You know, we had a discussion in the newsroom today, and I hate to tell you how shallow we are. But there are a whole bunch of men in the newsroom who are saying that they were very young at the time it was on. They were younger than Sissy. They were probably the age of the twins. And they said that at that age they thought that Sissy was so sexy. You agree. What's so funny? I never thought that ever a million years. Now, they're particularly with air particular episode that you think exemplified bill's father capabilities. The one where the youngster Jody against realize just as a teacher, somebody who looks just like mother. Oh my God. I don't think I ever saw that. Caused them to go back to their hometown. Look. Man, that breaks my heart. Now, I wanna see that episode because that's how it would be a really good one. Thank you. Thank you for sharing that, okay? Now, talk with me about valedictorians. I mean, bottom line is if you're going to be the valedictorian you have to understand the establishment pick you and the time to greet grieve, make grievances is before you could walk states. I mean, if you wanna make a protest go, get your license. Let them know time date is. But not everybody wants to be treated to a ranch on this spell out of money going to graduations, going through school. They just wanna go relax and enjoy the day and they congratulations. And all that sort of thing they can not want you have somebody might have drunk teachers. So. Okay. So what do you think the role of the valedictorian is supposed to be when they make the speech? What should they be talking about? Talk about what it with a talk about, basically where they hope to be in twenty twenty five years or so. Yeah. Well, you know. How to pay for college. Figured that out. Well, I gotta tell you to haunt on, on the one hand, I agree that as a parent, you know, when I go to my kid's graduation, one of the things I don't wanna hear is. I don't wanna hear obscenities. I don't wanna hear a vulgarity from the valedictorian. I think that would be utterly out of place, but I also don't want to be bored to tears, and I think, often with these kids, they're supposed to be inspired by their classmate who's been chosen for this. I don't know that it's inspirational to be the kind of algae Torian speeches that they tend to give okay we're going to go into a break in a minute. When we do when we come back, we'll talk a little bit about it, but I wanna share Rachel Maddow speech, when she went rogue as the valedictorian Castro Valley High School. Let's get another phone call in here real quickly. Let's go to Richard calling from will at table. Welcome to GO. Hi, how you doing? Well, thank you. Yeah. I got a son who was profit Washington state at a lot of the kids when they get to college, very difficult times, putting at least three sentences together never mind at Cochin seem and they're paying privilege of doing that. I think quite frankly, if you've got a. You know, you want something that is kind of generic something that will keep the program moving the sad part is unfortunately, you know, the valedictorian and the salutatorian they're all very nice, but when they get out into the college world doesn't really mean a whole lot. Right. Doesn't. It really doesn't and, you know, you've got a lot of parents. The weather's you want to get the thing moving. You wanna get out of there as quick as your team. I don't have any problem with giving them a little it. It giving direction and let's, let's stop it up a little bit. What do you think of what the, the girl in San Diego? Did what do you think of pointing out the drunken teach you had to be escort it out by the police. To be perfectly honest with you. I think she had every reason to be able to do that understand that, if that teacher is drunk, the teacher is going to have to get home some out. Yeah. Matter of general, general safety for everybody there, if they allowed them in. To that, to that particular. Graduation, number one. Shame on her for having no respect for her graduates. Shame on them for letting her stand there and be would you rather? She point that out to them. Or would you rather read about it in the newspaper gets involved in the collision on the way home? Yeah. Well, this was I believe this was a teacher out of escort it out of the classroom. And somebody in the newspaper, I think said something that hit home to me that yet on the one hand, you don't wanna pick on people who have personal issues. The guy may well have been in alcohol at the teacher may well have been an alcoholic on the other hand, you wanna make sure that the people in the classroom are able to do their jobs. They are there for the students. And so if they're whatever's going on in their personal lives makes them incapable of providing what is necessary to the students than the students are suffering as a result of that. And people need to be made aware. Eight. Ten is the telephone number. We'll be back with more of your phone calls after this. This is Kay geo Pat Thurston on K, G, O, eight ten islanders in the Caribbean. Like to say that, if you don't like the weather wait ten minutes. Hi, I'm RIC Edelman..

Rachel maddow Castro Valley High School Bill Bill sweet water union school distr Acura valedictorians San Jose State Sissy RIC Edelman Natalie San Jose Torian Caribbean YouTube Pat Thurston Jody Don Washington San Francisco San Diego
"step bay" Discussed on KNBR The Sports Leader

KNBR The Sports Leader

11:24 min | 2 years ago

"step bay" Discussed on KNBR The Sports Leader

"Had an appointment to go to the wasn't going gonna make it as lame excuse. Play. If they heard you on air talking it actually wasn't day before you had talked about it a Wednesday. I'm really I was really. So excited about it. Disappointed. I'm very disappointed. I was really irritated Saturday afternoon after that. But to push it back for a couple of weeks official be there. Don't worry that was. Well stocked. Get out there with lake lure. I like it though, man. It's fun. The big old hat on when you're doing. I would do I want to get some suspenders with no shoes or socks on just chew on tweeden. Just hang out there and fish. We'd or just minus a t. Yes. Yeah. Do that too. In fact, is the first thing I was doing. All right. Mr phys. Fish. That's kind of weird right? All right. Retard the colts in the chiefs, which is a game. I got absolutely. I mean, I couldn't have been more wrong on that game. I really thought Andrew luck in the cultural looking great the way that offers of line help against Houston the week before in the wildcard game. I thought that was gonna roll over and the chiefs defense isn't great. It's not about the the weather was a factor. I do believe, but I mean right after that that half twenty four seven Casey's up, I saw frustrated idea frustrated, he's probably freezing cold. It was not happy by any of it. But it was amazing to me Pat, Mahomes who so so much a part of that high octane offense for the chiefs. And you you nailed it. You actually know that he's had so many weapons. I don't think we really gave them that much credit throughout the entire year. I mean Damien Williams who saw him having one hundred twenty nine yards rushing. I didn't. I don't think anybody did really that was huge especially his touchdown. We shaken and bacon. Some colts defenders Travis was unbelievable and Pat Mahomes twenty seven forty one to seventy eight with no touchdown. It was just look at the weapons that he has around him a rising up in a game that a lot of people have them losing a lot of people around the country had the colts moving onto the championship game. And that would have been crazy to see luck luck and Brady, but when when you break it down to the four, isn't it, isn't it almost like you can almost have a passing the torch moment in both conferences with Mahomes the new gun in the AFC of against the old head Brady. Then on the other side, drew Brees and. And Jared Goff, which I think the quarterback match ups for next week in our outstanding they were this weekend. But I mean, it's interesting storylines. Go forward. I love the old and new. Yeah. I love the old guard to the new guard. Yes. I mean, it's absolutely could happen. I'm not saying that Brady's gonna retire. If the chiefs beat them, but with it's just funny every time every time we talk about Brady, especially this team. They put themselves in a position where we talk about them like they're the underdog, and we do it every single year every single year, I've been guilty of it many times as a lot of people in the media. The just the way that they play towards the end of the season. The way Brady is in December. They don't have it anymore. The runs finally over. And then all of a sudden, they come out against the chargers who I mean, you can really say the chargers were the hottest team in the NFL the last month, you really could say that. And then they came in. And just absolutely shut Philip rivers. What was the what was the line on that game? Okay off on it. But was it six? I've checked my notes, I don't know what the line was off his away. I was looking at this thing was they got up so big. And they kind of let a at the end. You're you're seeing the charter score. Okay. Three and a half pats. That's because the charge. Oh, it was the field goal that like it helped out the whole thing. I was like oh my God. They're going to back door covered. This thing. It was going to be like thirty eight thirty five. That's what I was seeing. I was like envisioning. It wasn't gonna be like a close thirty eight thirty five is just gonna be a last second touchdown that. I got it near there. But he the crazy thing is. And you could. Hear everyone talk about it. Afterwards, which was. How they reinvent themselves. How do the the patriots? The patriots basically said. All right. They took away. Lamar Jackson last week. And the running game of of the ravens see if they can see if they can stop ours. And they couldn't the chargers could not stop the patriots run game. And for everything that the patriots did running wise, you're thinking, oh my gosh. Man. They must not have Brady still through forty four passes. Yes. A ton of them were dump passes. But you know, what the chains were always moving. That's my favorite part about Tom Brady that was my favorite part about Peyton Manning. Maybe boring at times because they're not trying to go down the field all the time. But all you see is the chains. Key movie. Drew brees. Did it the other day? What you're talking about the eighteen play drive starting at the at the at the eight which was helped out by the TIMMY Jernigan stupid. I don't I don't think drew played that. Well, no. But I'm just saying like they have that innate ability to just keep it moving. And you know, what they'll take the second in in or. Yeah. They'll take the second in seven rather than the second and ten because the next play gets them to third one instead of third and five and everything is manageable the way, they manage games. Look. We talk about great quarterbacks, right? All the time. We talk about Alex Smith being a great game manager all these guys right here. Breeze. Brady the homes they've been managing Goff. The game him stain and bounds. At the end on the quarterback keeper not even the keeper. Who is the quarterback sweep? And he did a which was impressive. The damn spin move. Stays imbalances. That out goes like Madden. Tom Brady has reached thirteen conference championships in seventeen complete good. Again, Tom Brady has reached thirteen conference championships in seventeen completed seasons at sea. So he's six seventy six hundred of his career is in the championship games. Amazing. It's amazing. It's amazing again, he makes me feel foolish. He makes me feel again because I picked against him. This is this is really at this time. They do not have it. And the way the charges are playing. They're going to go in there shocked the world and I picked the chargers to win. But here comes Brady, and like, you said they reinvent themselves. And they love being the underdog. Oh, they do. They do live off. What was what a white have in the in the I I drive you have five catches six catches. I don't know for sure. It was one of those things are going to he ended up with fifteen catches element past. Reggie Wayne for postseason catches those guys step bay area. You're right. The bay area. Woman. It's pretty it's pretty crazy. It's pretty crazy crazy and incredible to see them do this year in it. You're out about grunk one catch catch. He's he's I think he's. He's got to be if he is. He is. That's great. I just I love who. He is. I still go back two thousand twelve all star game. Triple a all star game buffalo. Okay. These from around there. Yeah. He does homerun derby. But he doesn't do derby. He gets in there before everyone. Anyway. He was sitting there, and I was talking to him for a while. Just staring at me going. You're the largest human being I've ever seen. He goes what Becher used? Not mine they way too late for you. It's like a toothpick for you. He takes his monster of a bat is the dude on the other side. I remember who it was huge, dude. Yeah. He's like this seems good his stance in the box was the entire box. And he I think he had to out and they were bombs. Boss wing Redwood tree what the hell is this because Begley coup. Those good. Do you see that cool thing? They did over the weekend in Malibu the California strong softball game. Yeah. Baker mayfield's out there, taking some hacks. Yup. Not bad at all. What do you think you're doing if you're the Browns? Leased twist your ankle. All the kitchens era starts in Cleveland. Gene is open. Yes. The kitchen is opening Cleveland. They're all excited about that. A bigger in there. All your longer. Great I and he's one meal. Okay. Baker Mayfield won me over this year, by the way, he handled himself the Hugh Jackson situation. I didn't like the guy because the whole cop thing, but this year, I really held that against him for a while. Let me let me ask you. This more surprising that Melvin Gordon had nine carries fifteen yards Damian Williams had one hundred twenty nine yards or something like that. Sunny. Michelle had one hundred twenty nine yards. Which is it for you. I mean because of those three you're going. Melvin Gordon nine for fifteen. Are you serious horrid? Keller had zero Carey's. I mean, Philip rivers is pissed off at him. Since like, I think it was the second series. He ran the wrong route. But Philip wasn't himself. Look, you you you send out that way. You're doing the show tonight brand I didn't hear prime. I would love to hear just chiming in. Damian Williams impress me. That was the most impressive. Out of those rare thing, I I I didn't see honestly, I agree with you. Absolutely agree with you. But we always talked about you. And I've talked about this. And I'm sure everyone around you is talked about this. They have not been the same without Kareem hunt. Right. They really haven't right. And for them to find someone Spencer where it goes down. I think it was the very next week. He went down and you're going, oh, dear they're done. You get this production out of that guy. What about C J Anderson? What happened there did what Tom said was perfect CJ Anderson. Eight C J Anderson. Hey, I tweeted out a quote that he had he did he did. And. I mean for me when you look at a guy that believes in himself as much as he does. And you go through what four teams on the season. It's so impressive in in. After the game. He was talking to. I think it was just seen Anderson. I don't know she was texting Oto Beckham junior when it happened. But she's always texting Odell. I can't remember we're we're my the quote was it. But it was on like dreams don't diet or dreams are dreams until you know, until they die. I thought you give up on. I mean, I thought he was completely done. He gets cut by the Panthers. You know in the middle of the year of late October thing then memory tried to get a spot the raiders dreams. Don't die until you. Give up on them. That's a hell of a.

Tom Brady chargers chiefs Drew brees Philip rivers patriots Jared Goff lake lure official colts Mr phys Pat Mahomes CJ Anderson Damien Williams Alex Smith Panthers raiders Reggie Wayne Casey Peyton Manning
"step bay" Discussed on WRVA

WRVA

08:59 min | 2 years ago

"step bay" Discussed on WRVA

"Welcome back to the Rick Edelman show. Thanks for hanging around this hour on this almost New Year's Eve weekend. Hope you're going to have a wonderful fabulous happy and healthy twenty nineteen. We talked in the last hour about what you need to be doing. And most importantly, I think what you need to not be doing with your investments. During this incredible period of volatility. I made a statement in the last hour that it's possible that some of you may have raised an eyebrow over I said. That you need to be focused on the long term. Not what's going to happen in the next year in two thousand nineteen but what's going to happen in twenty twenty nine twenty thirty nine twenty forty nine. And some of you may be saying. As if I'll be alive that long if you're already in retirement, or if you're about to enter retirement know, let's say you're in your sixties your seventies eighties. You may be saying, you know, wreck everything you said about investment strategy is fine for thirty year olds forty year olds. Maybe even fifty year olds may, I'm in my sixties. I'm in my seventies. I can't afford to look long term because I don't have a long term. So let me address for you, the investment management strategy you need. Given your situation. I you have a lot longer to live then you are probably acknowledging. Even if you're in your sixty s even if you're in your seventies. I'll even venture to say, even if you're in your eighties. You're going to live a lot longer than you probably realize if only due to advances in medical science. So we need to recognize that. Okay. Maybe you don't have fifty years to go. But it's quite likely you've got twenty. Even ten and that makes a huge difference, doesn't it? I'll take it a step further. You might only have five or ten years to go. I'll bet your money will outlast you your money might have a lot longer. So think about it in this context. Are you saying that you will be broke on the day you die? Are you anticipating that you will spend down all of your life savings eventually having a zero net worth? I don't think. So. And I don't think you think so I think you recognize that you're going to have a lot of money leftover. Now, you're not squandering it your prudently managing it. You don't want to run the risk of running out of money and good for you. That's fine. But the fact remains your money, even if you die in twenty years, you're gonna have a pile of box. Leftover in other words, we can argue that this money, isn't yours. It's your children's your grandchildren's because that's who you're going to give it to. In other words, you're not the owner of the money. You're the steward of the money. You're the trustee of the money. You're the fiduciary of the money. Your goal is to preserve the money for your children and grandchildren. I'm not putting words in your mouth. I'm not saying that's what you're going to be. I'm saying that that's probably what you think. So even if you have a five year life expectancy. Your money's life expectancy is a lot longer. I had this conversation recently with my mom, she's ninety one and a half. Do you ever notice that three year olds always quick to say, I'm three and a half? Twenty year olds don't say that. Oh, yeah. I'm twenty and a half twenty year olds don't do that forty year olds don't do that. But suddenly when you're in your nineties you start doing that again. Whereas my mom will say she's ninety and a half. That's fascinating. But I digress. So my mom is recognizing that she's not going to spend all of her money. She's. Say it to contemplate it. But mom, probably won't be around in twenty years. Her money will be and so she's managing her money with an eye toward her children, and grandchildren, and now, great, grandchildren. And so for those reasons we need to recognize you're gonna live longer than you probably thought. But let's even ignore all that let's make it more fundamental years. You're still worried you're still upset you're looking at the eighteen market performance. And you're saying yourself, I withdrew more money from my account this year than the account earned, and if that keeps up I will eventually spend it all batch your fear that you're worry, isn't it? I get it. I understand. So what do you do number one? Talk with your financial advisor to confirm that the rate of withdrawal. Is safe. Meaning that you aren't in fact, spending money so rapidly that you will in fact, spend it all before your life expectancy comes to an end. So that's the first step is, let's confirm it just because you spent more in two thousand eighteen venue earned doesn't mean that. That's the way it's going to be forever. But let's do an analysis and investigate it and see if perhaps we should take action, and what might those action steps bay one reduce the of withdrawal. Spend less out of your account. Then you're spending number two. Change the asset allocation of your portfolio in an effort to reduce the level of risk that your portfolio experiences. Number three. Let's look at ways we can reduce expenses. So that we reduce the need to withdraw as much money four. Let's increase your cash reserves. So that during periods of Chile we can tap into the money in the Bank instead of having to tap money into your investments, which are momentarily down in value. This is one of the big reasons we want our clients to maintain as much as two years worth of spending in cash reserves. We last implemented this back in a wait. We said to a lot of our clients in two thousand eight luck with the incredible reduction in values, let's stop withdrawing from the market. And instead begin withdrawing from the Bank this way, we leave the shares untouched and allow them the opportunity to recover in value, which hey might take years, and that might be an effective strategy for you as well. In other words. Perhaps given what's going on? And the fact that you need current income. We need to reevaluate it not from a market prediction perspective, but instead from a lifestyle perspective. So if you're in retirement, or if you're anticipating soon entering retirement, it's a perfect opportunity to talk with your financial advisor, quite frankly in an ideal world, you've already done this. You did this a couple of years ago in anticipation of this? So that when those storms finally begin they don't come as a shock, and they don't come at a major disruptive element. The bad news is when people don't engage in it in advance. And they only discover in the thick of the storm. Golly. Gee whiz. Wish they brought along an umbrella. And one of the things you've got to do is to make sure that you're getting advice from someone you can trust someone who is going to deliver on their promises. We've had a rash of announcements three of them this week alone from the SEC that are shocking. The first is that the SEC has charged wealth front. This is one of those robo advisors that got launched in the last several years, they say that wealth Ron has made false statements and engaged in misleading advertising. They also leveled charges against former journalist, Jordan Goodman who calls himself, America's money answer, man and a New York investment advisor, two of them who ripped off clients in regards to their mutual funds. And when we come back on the program, I'm going to tell you what each of these. These three did. And what the SEC had to say about it. So stay with.

advisor SEC Rick Edelman Chile trustee fiduciary Ron Jordan Goodman America New York twenty years forty year Twenty year fifty years thirty year twenty year fifty year
"step bay" Discussed on WLS-AM 890

WLS-AM 890

09:02 min | 2 years ago

"step bay" Discussed on WLS-AM 890

"Now, here's Rick Eshelman. Welcome back to the Rick Edelman show. Thanks for hanging around this hour on this almost New Year's Eve weekend. Hope you're going to have a wonderful fabulous happy and healthy twenty nineteen. We talked in the last hour about what you need to be doing. And most importantly, I think what you need to not be doing with your investments. During this incredible period of volatility. I made a statement in the last hour that it's possible that some of you may have raised an eyebrow over I said. That you need to be focused on the long term. Not what's going to happen in the next year in two thousand nineteen but what's going to happen in twenty twenty nine twenty thirty nine twenty forty nine. And some of you may be saying. As if I'll be alive that long if you're already in retirement, or if you're about to enter retirement, you know, let's say you're in your sixties your seventies eighties. You may be saying, you know, wreck everything you said about investment strategy is fine for thirty year olds forty year olds maybe even fifty year olds. But what about may? I'm in my sixties. I'm in my seventies. I can't afford to look long term because I don't have a long-term. So let me address for you, the investment management strategy you need. Given your situation. I you have a lot longer to live then you are probably acknowledging. Even if you're in your sixty s even if you're in your seventies. I'll even venture to say, even if you're in your eighties. You're going to live a lot longer than you probably realize if only due to advances in medical science. So we need to recognize that. Okay. Maybe you don't have fifty years to go. But it's quite likely you've got twenty. Even ten and that makes a huge difference, doesn't it? I'll take it a step further. You might only have five or ten years to go. I'll bet your money will outlast you your money might have a lot longer. So think about it in this context, are you anticipated that you will be broke on the day you die. Are you anticipating that you will spend down all of your life savings eventually having a zero net worth? I don't think. So. And I don't think you think so I think you recognize that you're going to have a lot of money leftover. Now, you're not squandering it your prudently managing it. You don't want to run the risk of running out of money and good for you. That's fine. But the fact remains your money, even if you die in twenty years, you're gonna have a pile of box. Leftover in other words, we can argue that this money, isn't yours. It's your children's your grandchildren's because that's who you're going to give it to. In other words, you're not the owner of the money. You are the steward of the money. You're the trustee of the money. You're the fiduciary of the money. Your goal is to preserve the money for your children and grandchildren. I'm not putting words in your mouth. I'm not saying that's what your goal ought to be. I'm saying that that's probably what you think. So even if you have a five year life expectancy, your money's life expectancy is a lot longer. I had this conversation recently with my mom, she's ninety one and a half. Do you ever notice that three year olds always quick to say, I'm three and a half? Twenty year olds don't say that. Oh, yeah. I'm twenty and a half twenty year olds don't do that forty year olds don't do that. But suddenly when you're in your nineties you start doing that again. Whereas my mom will say she's ninety and a half. That's fascinating. But I digress. So my non is recognizing that she's not going to spend all of her money. She's hate to say it to contemplate it. But mom, probably won't be around in twenty years. Her money will be and so she's managing her mummy with an eye toward her children, and grandchildren, and now great, grandchildren. And so for those reasons we need to recognize you're gonna live longer than you probably thought. But let's even ignore all that let's make it more fundamental years. You're still worried you're still upset you're looking at the twenty eighteen market performance. And you're saying yourself, I withdrew more money from my account this year than the account earned, and if that keeps up I will eventually spend it all batch your fear that your worry, isn't it? I get it. I understand. So what do you do? Number one. Talk with your financial advisor to confirm that the rate of withdrawal. Is safe. Meaning that you aren't in fact, spending money so rapidly that you will in fact, spend it all before your life expectancy comes to an end. So that's the first step is, let's confirm it just because you spent more in two thousand eighteen you weren't doesn't mean that that's the way it's gonna be forever. But let's do an analysis and investigate it and see if perhaps we should take action, and what might those action steps bay one reduce the rate of withdrawal. Spend less out of your account. Then you're spending number two. Change the asset allocation of your portfolio in an effort to reduce the level of risk that your portfolio experiences. Number three. Let's look at ways we can reduce expenses. So that we reduce the need to withdraw much money four. Let's increase your cash reserves. So that during periods of volatility we can tap into the money in the Bank instead of having to tap money into your investments, which are momentarily down in value. This is one of the big reasons we want our clients to maintain as much as two years worth of spending in cash reserves. We last implemented this back in a wait. We said to a lot of our clients in two thousand eight luck with the incredible reduction in values, let's start withdrawing from the market. And instead begin withdrawing from the Bank this way, we leave the shares untouched and allow them the opportunity to recover value, which hey might take years, and that might be an effective strategy for you as well. In other words. Perhaps given what's going on? And the fact that you need current income. We need to reevaluate it not from a market prediction perspective, but instead from a lifestyle perspective. So if you're in retirement, or if you're anticipating soon entering retirement, it's a perfect opportunity to talk with your financial advisor, quite frankly in an ideal world, you've already done this. You did this a couple of years ago in anticipation of this? So that when those storms finally begin they don't come as a shock, and they don't come at a major disruptive element. The bad news is when people don't engage in it in advance. And they only discover in the thick of a storm. Golly. Gee whiz. Wish they brought along an umbrella. And one of the things that you've got to do is to make sure that you're getting advice from someone you can trust someone who is going to deliver on their promises. We've had a rash of announcements three of them this week alone from the SEC that are shocking. The first is that the SEC has charged wealth front. This is one of those robo advisors got launched in the last several years, they say that wealth Ron has made false statements and engaged in misleading advertising. They also leveled charges against former journalist, Jordan Goodman who calls himself, America's money answer, man and a New York investment advisor, two of them who ripped off clients in regards to their mutual funds. And when we come back on the program, I'm going to tell you what each of these. These three did. And what the SEC had to say about it. So stay with.

SEC advisor Rick Eshelman Rick Edelman trustee fiduciary Ron Jordan Goodman America New York twenty years forty year Twenty year fifty years thirty year twenty year fifty year
"step bay" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

05:49 min | 2 years ago

"step bay" Discussed on WBZ NewsRadio 1030

"Now, here's Rick Eshelman. Welcome back to the Rick Edelman show. Thanks for hanging around this f our on this almost New Year's Eve weekend. You're going to have a wonderful, fabulous happy and healthy. Twenty nine thousand nine we talked in the last hour about what you need to be doing. And most importantly, I think what you need to not be doing with your investments. During this incredible period of volatility. I made a statement in the last hour that it's possible that some of you may have raised an eyebrow over I said. That you need to be focused on the long term. Not what's going to happen in the next year in two thousand nineteen but what's going to happen in twenty twenty nine twenty thirty nine twenty forty nine. And some of you may be saying. As if I'll be alive that long. If you're already in retirement, where if you're about to enter retirement, you know, let's say you're in your sixties seventies eighties. You may be saying, you know, wreck everything you said about investment strategy is fine for thirty year olds forty year olds maybe even fifty year olds. But what about may? I'm in my sixties. I'm in my seventies. I can't afford to look long term because I don't have a long-term. So let me address for you, the investment management strategy you need. Given your situation. I you have a lot longer to live then you are probably acknowledging. Even if you're in your sixty s even if you're in your seventies. I'll even venture to say, even if you're in your eighties. You're going to live a lot longer than you probably realize if only due to advances in medical science. So we need to recognize that. Okay. Maybe you don't have fifty years to go. But it's quite likely you've got twenty. Even ten and that makes a huge difference, doesn't it? I'll take it a step further. You might only have five or ten years to go. I'll bet your money will outlast you your money might have a lot longer. So think about it in this context, are you anticipated that you will be broke on the day. You die are you that you will spend down all of your life savings eventually having a zero net worth. I don't think. So. And I don't think you think so I think you recognize that you're going to have a lot of money leftover. Now, you're not squandering it your prudently managing it. You don't want to run the risk of running out of money and good for you. That's fine. But the fact remains your money, even if you die in twenty years, you're gonna have a pile of box leftover. Over. In other words, we can argue that this money, isn't yours. It's your children's your grandchildren's because that's who you're going to give it to. In other words, you're not the owner of the money. You are the steward of the money. You're the trustee of the money. You're the fiduciary of the money. Your goal is to preserve the money for your children and grandchildren. I'm not putting words in your mouth. I'm not saying that's what your goal ought to be saying that that's probably what you think. So even if you have a five year life expectancy, your money's life expectancy is a lot longer. I had this conversation recently with my mom, she's ninety one and a half. Do you ever notice that three year olds always quick to say, I'm three and a half? Twenty year olds don't say that. Oh, yeah. I'm twenty and a half twenty year olds don't do that forty year olds don't do that. But suddenly when you're in your nineties you start doing that again. Whereas my mom will say she's ninety and a half. That's fascinating. But I digress. So my mom is recognizing that she's not going to spend all of her money. She's hate to say it hate to contemplate it. But mom, probably won't be around in twenty years. Her money will be and so she's managing her money with an eye toward her children, and grandchildren, and now, great, grandchildren. And so for those reasons we need to recognize you're gonna live longer than you probably thought. But let's even ignore all that let's make it more fundamental years. You're still worried you're still upset you're looking at the twenty eighteen market performance. And you're saying yourself, I withdrew more money from my account this year than the account earned, and if that keeps up I will eventually spend it all batch your fear. That's your worry. Isn't it? I get it. I understand. So what do you do? Number one. Talk with your financial advisor to confirm that the rate of withdrawal. Is safe. Meaning that you aren't in fact, spending money so rapidly that you will in fact, spend it all before your life expectancy comes to an end. So that's the first step is, let's confirm it just because you spent more in two thousand eighteen than you earn doesn't mean that that's the way it's gonna be forever. But let's do an analysis and investigate it and see if perhaps we should take action, and what might those action steps bay one reduce the rate of withdrawal. Spend less out of your account, then you're spending number two is next on the Rick.

Rick Eshelman Rick Edelman advisor trustee fiduciary twenty years forty year Twenty year fifty years thirty year twenty year fifty year three year five year ten years
"step bay" Discussed on News Radio 690 KTSM

News Radio 690 KTSM

03:56 min | 2 years ago

"step bay" Discussed on News Radio 690 KTSM

"Talk with your financial advisor to confirm that the rate of withdrawal. Is safe. Meaning that you aren't in fact, spending money so rapidly that you will in fact, spend it all before your life expectancy comes to an end. So that's the first step is, let's confirm it just because you spent more in two thousand eighteen than you earn doesn't mean that that's the way it's gonna be forever. But let's do an analysis and investigate it and see if perhaps we should take action, and what might those action steps bay one reduce the raider withdrawal. Spend less out of your account. Then you're spending number two. Change the asset allocation of your portfolio in an effort to reduce the level of risk that your portfolio experiences. Number three. Let's look at ways we can reduce expenses. So that we reduce the need to withdraw as much money four. Let's increase your cash reserves. So that during periods of volatility we can tap into the money in the Bank instead of having to tap money into your investments, which are momentarily down in value. This is one of the big reasons we want our clients to maintain as much as two years worth of spending in cash reserves. We last implemented this back in a wait. We said to a lot of our clients in two thousand eight luck with the incredible reduction in values, let's stop withdrawing from the market. And instead begin withdrawing from the Bank this way, we leave the shares untouched and allow them the opportunity to recover in value, which hey might take years. And that might be an effective strategy for you as well. In other words. Perhaps given what's going on? And the fact that you need current income. We need to reevaluate not from a market prediction perspective, but instead from a lifestyle perspective. So if you're in retirement, or if you're anticipating soon entering retirement, it's a perfect opportunity to talk with your financial advisor, quite frankly in an ideal world, you've already done this. You did this a couple of years ago in anticipation of this? So that when those storms finally begin they don't come as a shock, and they don't come at a major disruptive element. The bad news is when people don't engage in it in advance. And they discover in the thick of a storm. Golly. Gee whiz. Wish they brought along an umbrella. And one of the things that you've got to do is to make sure that you're getting advice from someone you can trust someone who is going to deliver on their promises. We've had a rash of announcements three of them this week alone from the SEC that are shocking. The first is that the SEC has charged wealth front. This is one of those robo advisors that got launched in the last several years, they say that wealth Ron has made false statements and engaged in misleading advertising. They also leveled charges against former journalist, Jordan Goodman who calls himself, America's money answer, man and a New York investment advisor, two of them who ripped off clients in regards to their mutual funds. And when we come back on the program, I'm gonna tell you what each of these. These three did. And what the SEC had to say about it..

advisor SEC Jordan Goodman Ron America New York two years
"step bay" Discussed on KSFO-AM

KSFO-AM

03:57 min | 2 years ago

"step bay" Discussed on KSFO-AM

"Talk with your financial advisor to confirm that the rate of withdrawal. Is safe. Meaning that you aren't in fact, spending money so rapidly that you will in fact, spend it all before your life expectancy comes to an end. So that's the first step is, let's confirm it just because you spent more in two thousand eighteen than you weren't doesn't mean that that's the way it's gonna be forever. But let's do an analysis and investigate it and see if perhaps we should take action, and what might those action steps bay one reduce the rate of withdrawal. Spend less out of your account. Then you're spending number two. Change the asset allocation of your portfolio in an effort to reduce the level of risk that your portfolio experiences. Number three. Let's look at ways we can reduce expenses. So that we reduce the need to withdraw as much money four. Let's increase your cash reserves. So that during periods of volatility we can tap into the money in the Bank instead of having to tap money into your investments, which are momentarily down in value. This is one of the big reasons we want our clients to maintain as much as two years worth of spending in cash reserves. We last implemented this back eight we said to a lot of our clients in two thousand eight luck with the incredible reduction in values, let's start withdrawing from the market. And instead begin withdrawing from the Bank this way, we leave the shares untouched and allow them the opportunity to recover in value, which hey might take years, and that might be an effective strategy for you as well. In other words. Perhaps given what's going on? And the fact that you need current income. We need to reevaluate it not from a market prediction perspective, but instead from a lifestyle perspective. So if you're in retirement, or if you're anticipating soon entering retirement, it's a perfect opportunity to talk with your financial advisor, quite frankly in an ideal world, you've already done this. You did this a couple of years ago in anticipation of this? So that when those storms finally begin they don't come as a shock, and they don't come at a major disruptive element. The bad news is when people don't engage in it in advance. And they only discover in the thick of a storm. Golly. Gee whiz. Wish they brought along an umbrella. And one of the things that you've got to do is to make sure that you're getting advice from someone you can trust someone who is going to deliver on their promises. We've had a rash of announcements three of them this week alone from the SEC that are shocking. The first is that the SEC has charged wealth front. This is one of those robo advisors that got launched in the last several years, they say that wealth Ron has made false statements and engaged in misleading advertising. They also leveled charges against former journalist, Jordan Goodman who calls himself, America's money answer, man and a New York investment advisor, two of them who ripped off clients in regards to their mutual funds. And when we come back on the program, I'm going to tell you what each of these. These three did. And what the SEC had to say about it. So stay.

advisor SEC Jordan Goodman America New York Ron two years
"step bay" Discussed on WAAM Talk 1600

WAAM Talk 1600

02:38 min | 2 years ago

"step bay" Discussed on WAAM Talk 1600

"His initial report was filed with congress six pm january twelfth twenty eighteen all the issues that you have seen come forward whether it's the firing mccabe whether it's the resignations of dozens of people in the fbi dozens of people with department of justice are all because of that report that report was delivered to three committees house judiciary house intelligence senate judiciary it is the report that if you will has shocked shocked the people behind the curtain it has led to people resigning it has led to people being fired it has led to people being indicted the inspector general's report has recommended that mccabe be dated bottom line we have trump working against the globalist on the peace process we had trump this weekend blowing up the g seven meeting and if you will blocking their push to for him to back off on these trade issues and now we have the domestic side of this plan being implemented it's being implemented through the department of justice inspector general michael horowitz i have told you for many months to watch horwitz to watch this report that it will be parceled out we now know that in june fourteenth part of that report is going to be issued in particular it's my understanding the report about huge misconduct at the fbi the department of justice including komi mccabe strategic page press step bay baker or all of them in addition horowitz my understanding will actually testify in front of the one of the senate committees next monday june eighteenth i believe when horowitz presents that report it will be a bombshell the bombs that the globalist hoped we're going to be dropped through the north korea are actually going to be dropped domestically globalist themselves folks you're.

mccabe horwitz fbi horowitz north korea department of justice senate michael horowitz komi mccabe
"step bay" Discussed on The Beat with Ari Melber

The Beat with Ari Melber

02:09 min | 2 years ago

"step bay" Discussed on The Beat with Ari Melber

"On north korea or iran whether one agrees or not as certainly not as extreme those are relatively mainstream fifty fifty kind of positions he holds sometimes is depicted as as not well you've to set it i mean that's exactly what i'm saying what i'm saying he said at first then i characterize it that's what i do here you are characterized her i think you do that if i see you do more than that but anyway the point is yes i think in in actually in this case of course he responded he's an impulse man you know i'll tell you my own oppression from watching him and it's just you know what do i know i friends that have some contact but this is a man who if you wanna talk about collusion you're talking about somebody that take steps they step bay because he wants to impact step be and you have a man that's driven totally impulse so how you gonna prove collusion it's very hard to me i think it was a real tough deal men's rea to use your word a word a lawyer would use this very hard to prove that a criminal intent he's my gun he's real estate guy you know which would you would you buy used car for real estate guy lessons do you think trump learned from nixon i don't think trump learns very much from nixon i do think the media may underestimate the extent to which he may be shade more clever you know he did take down the republican party and you you gotta give mizzou knocked off the clintons and he knocked off the bush two dynasties that's not bad for let me run here let me run one theory by you because you have such a wealth of historical knowledge it seems sometimes like donald trump knows that no matter how bad something may look if you actually do it in public it will still play as vaguely less sinister than if you keep it a secret and so he literally talks about things that are in the ballpark of shall we say investigation interference that if they were on a secret nixon tapes might get you more trouble but here they're already kind of out there being laundered and normalized what you're really saying is the other way of looking at it.

north korea republican party mizzou clintons donald trump iran nixon
"step bay" Discussed on Mickstape: The Barstool Basketball Podcast

Mickstape: The Barstool Basketball Podcast

01:36 min | 3 years ago

"step bay" Discussed on Mickstape: The Barstool Basketball Podcast

"Lipford being a bad of their yeah but at like some of these points it almost feels like a lateral move just to get into a new place i'd be fine with that getting paid a similar if more money to go to the same thing it's more about aging is the yeah the more money is definitely a big factor there why not like atlanta though i don't think buds going like he's one they stink i don't think he's done a bad job though that's true yet like i feel like he's if they end up with the number one seed off like this is a perfect year for them like schroder was fine taurean prince took a step bays more look fine dwayne deadman look like a good signing and you get the number one pick i maybe he's coach of the year shit that's every hour one ever have a bad season i love trying to reverse engineer at like whoever came in for fizzle on even know memphis's can't coach lana hololens is it no a good they just ran back you absolutely regiment be i feel like whoever is done maybe the worst job because the bowes i'm quite tanking but they really should be correct mike he felt like vogels and shitty tab hornicek i guess you can't really say could we cause before porzingas went down they were like winning but they shouldn't have been winning and now they're they're stinking it up as they should have been doing but.

Lipford atlanta schroder engineer lana hololens mike porzingas dwayne deadman memphis
"step bay" Discussed on WiLD 94.9

WiLD 94.9

03:49 min | 3 years ago

"step bay" Discussed on WiLD 94.9

"One tuesday eurostars your lives iin at i nine euros the pierre charter asia navin showed a subtle way she loves me sara dallin bush read guest bush retailer are reser dead push major their armor reser against push me emme while 94 nine step bays number one hit music station data can do madden baby girl was as soon as a gun exits patrick mboma with charles drop miami open now serve severed been julios thank you god if you'll bonus if you bone if you've been this daniel just is there the baby is and his team struggle good luck equal you as well there's lucky full you less well that's two this has oh boy on this year's to puerto rico cited in waco maimai fake being minister this is reason perry every day twenty both a number but whose it is a serious drain dan you just as the pain he deserved it very sza on lucky formulas that less lucky full less less and less two bring as massive feeling yes no eddie dan did the one very good leslie good as well.

asia navin sara dallin bush patrick mboma charles miami daniel eddie dan puerto rico perry
"step bay" Discussed on Masters in Business

Masters in Business

01:34 min | 4 years ago

"step bay" Discussed on Masters in Business

"What we call system to the thinking system to consider your choices are so for example for me whenever somebody tells me about something that was absolutely clear in the past of nine eleven or or the results of the recent election he air i say you know my mind kind of rings and says hindsight check to see what people actually said before nine eleven or before the election and you see that it's different than so the first thing is to recognize the kinds of mistakes people make whether it is hindsight or framing and try to hold yourself two ways that will correct them this the same thing applies to emotions are we can step bay back from our fears from our anger count to ten before you speak when you're angry they say and so we can help ourselves do better in life that makes a lot of sense i'm i've noticed following this election in the united states a lot of i guess i would call the narrative fallacy people are creating these stories that pretty much described the outcome as inevitable when in reality this was in a very close election and it could have just as easily gone one way or the other and yet we've convinced ourselves this was the inevitable outcome and we knew all along.

united states
"step bay" Discussed on Daily Tech News Show

Daily Tech News Show

01:55 min | 4 years ago

"step bay" Discussed on Daily Tech News Show

"Climbed into the method to mechanical robot amazon in you'll mars contracts maurice in this case stands for machine learning on a mission robotics and space exploration a robot is from the huh newcomer a technology and it's design or the tally in boca her joyner pronounce up better talib and girls that's it one pretty much the same i'm not one unless green company hung cook and cook yeah okay the robot was shown to the press back in december twenty seventh the arm sway one hundred and thirty telegrams each and it's twice this tolleson human it's meant as a test that for robots that could be made from any fracturing and construction and of course and attainment it will be ready for sale i the and the twenty seventeen at a price of around ten billion while i'm which is about h point three million so i'm not going to pick a one of these up you're not going to take it one of these out it is fun to see jeff bay's oh's you know a play the evil people dictator with his bro but arms held high of of the crowd but this is real this is for this thing works i mean that's not the point a bay's us going to do it is it gets a lot of people looking at it doesn't step bay's us and they realize how you can actually up for operate and not exo skeleton but climb inside a robot and operated like this could certainly show up in theme parks i'm going to guess but but also possibly finds a practical applications a manufacturing and construction right yeah i mean i who who wouldn't want to be and they're on track match who wasn't i want to be and one of these oh you want to okay it's not for your commute but when you wanna how one of these to just when you want to have the ability let's put that's way top minor limiting yourself by saying it's not for my community i would you can say that you know actually of los angeles in san francisco probably should be for your can.

amazon talib jeff bay los angeles san francisco space exploration