35 Burst results for "Twenty Thousand Dollars"
Understanding 401k Loans
"Half of all. Us workers participate in their employer's retirement plan about fourteen percent of those with 401k's borrow money from them understanding 401k. Loans is important both for those who already have alone and those who are contemplating getting one borrowing limits according to the irs. You can borrow up to fifty percent of your vested. 401k ballons or fifty thousand dollars. Whichever is less if you're vested balance is less than twenty thousand dollars. You can borrow any amount up to ten grand vested means you own it for employer matching funds that can take up to five years you are immediately vested in all funds that you put into the plan interest payments one of the unique features of a 401k. Loan is that you pay interest to yourself when you borrow money such as a home mortgage or an auto loan. The interest is paid to the lender when you borrow money from your 401k. You are the lender all interest paid comes right back to you and goes into your 401k account. Awesome right not so fast. Opportunity cost in the financial world. There's a concept known as opportunity costs opportunity. Costs is the loss of potential gain when one alternative is chosen over another in other words. It's what you would have received. Had you done something other than what you did. For example if back in the year two thousand you bought a carton of cigarettes instead of investing the money and amazon. The opportunity cost is sixteen hundred dollars what that can't be right. A carton of cigarettes today is about seventy five dollars adjusted for two percent annual inflation in two thousand. It costs fifty dollars in two thousand one share of amazon stock. Cost one hundred dollars today. It's worth thirty two hundred dollars when you borrow money from your 401k. The opportunity cost is the investment return. You would have earned. Had you left that money where it was over time. Investment earnings become earnings on earnings or compound interest something albert einstein dubbed. The eighth wonder of the world
Interview With Joel Beasley From Modern CTO
"So i met this gentleman named at pnd bruin. Who owns seven cto's and he said you know do like executive peer groups for technology leaders. Vp's engineer cto's there on me. More like premium side or people are paying twenty thousand dollars a year and it's facilitated by a professional facilitator. You have to pay all that. So it's definitely good value. But he wanted to create something for the mid level of the market. Like you know people that are you know. They're they want to become a manager for the first time or they wanna move from manager to director in that was at a price point that was like much cheaper than that like super affordable even if they wanted to pay for it for themselves so i said okay because i have the audience and you have the knowledge of how to run these communities and the staff and the support so we created elevate one fifty dot com and the idea was elevate. Bring people up to the next level and then one fifty was like one of dunbar's numbers of community size. So we cap the community at one hundred and fifty people and so we have a hundred people now and We've grown over the past eight months and every week we have speakers and then the it's like a ten minute topic of conversation and then you go into a small group of like three to four people in that. That speaker has set you up with something. It's not like a generic cycling of speakers that are doing sales pitches like they have to adhere to our format. And so what it does is it gets you in these communities having these small discussions and building relationships. And that's been like unbelievable. So now i've now i've got this community where i can go and then every every week or every other week i'm getting introduced three or four new peers and were having legitimate conversations.
Tightening Up On Final Tables
"I wanna talk just about this notion of tightening up on final tables and should we tighten up. When should we tighten up our final tables the right place to tighten up and sort of. What are kim. What do you think of when when people ask this kind of question. What are the factors. We should be thinking about well. I think it were a short stack or medium stack more before the bubble. We should be tightening up. So we can make it through the bubble I think after the bubble of were skirt stack. We don't need to tighten up anymore. We can play our range appropriately. And then if we're sort of a middle stock. I think you know in general when i see 'em factors involved i think we generally tighten up a little bit so i think that's you know that that medium stack is kind of the hardest stack to play in a way because the big stacks. They're not really at risk of going out the small stacks. They're probably going out soon anyway. So they don't have as much to lose. Is that medium stack where you've got enough to lose you. Don't wanna get out but you don't wanna have so many chips that you can start pushing people around it is. It is kind of a delicate spot and keith says here Most people tighten up on final tables with medium. Stacks hoping to ladder up but in the monkey system. We released the cracking. He says there are a couple of exceptions where we keep the crack in his cage and One is where we have a medium stack in numerous tax or so short they could go at any time and then he does the real key when we talk about medium stacks and short stocks. Like we're kind of talking about is it's the psalm. Ski ratio again. We talked about this a bit last week. you know. there's a great disparity in the different stacks than it. It's one situation but if if there's a lot of people with short stack then. I think you really have to tighten up even more in that kind of a circumstance. I think it depends a little bit on the page ups. If they're really flat in the beginning that. I don't think it's as important like it. So it depends on we're talking about two dollar pay jumps or talking about two thousand dollar pay jumps or twenty thousand dollar pay jumps like i think it depends. It depends because it affects the decision making of the people in the hand right like because people will play differently on a two dollar. Pay jump than they will on a two thousand absolutely
Is "DeFi" the Future of Finance?
"Hard to say exactly what will happen. But you know defy did exist before this bull market and there were great yield to be had there too. There's different places that yields come from and we'll break those down but some of them lend themselves to bull markets some of them might lend themselves to bear markets. How about we take maybe. An example of an average passive crypto investor in our audience will make a character call them defied devon and defy. Devon's curious about defy. But he hasn't pursued it. So defy devon has a base account and he has ten thousand twenty thousand dollars worth of bitcoin. Whatever number works easy for our math. We'll just toss it into his coin based account was like walk into the process of getting into the world of defy understanding what it is what the risks are what the opportunities are and how to go to work making passive or somewhat active investments and getting yield returns on that crypto coins. The entire defy landscape can of break down into two different opportunities. The first one is this idea of like staking your assets somewhere or loaning them someone and the other one is borrowing against your assets and investing the money that you borrow pretty much. Everything falls into those to defy devon. Who's just got a coin accounting. Some bitcoin he's going to probably use a little steppingstone. Which is he's gonna use see. Five before he goes defy and see is centralized finance versus defy. which is decentralized finance. And essentially there's these companies like you may have heard of block by neck so is another big one and these are sort of like these banks inbetween crypto and defy and they will do defy the for you and they will pay you. A percentage of the yield. So they're like the coin base of defy essentially. Yeah they are. I mean they're banks. It's the same model that a bank has always had right. You stick your money in a bank account the bank without telling you goes out and loans it out to people invested in stuff and they give you the bank. Is you a half of a percent. Maybe on a good year. But in defy land the sea fi companies are paying eight percent on stable coins somewhere around five to six percent on things like bitcoin.
Lessons From Australia: What Happens When You Give up Gun Rights
"I talk about what's going on in our stralia. Another english speaking country with the magna carta with the same heritage of individual rights the same cultures. We had founded not that long after we founded well at according to summit news. There's a proposal that is strongly favored. Which would do find stuff. Sorry beatles fines of up to eleven thousand dollars for posting information online. When you criticize the lockdown if you organized a protest against the lockdown in new south wales twenty thousand dollar fine wait a minute. Wait a minute. We're not talking about china. We're talking about australia. When i visited australia of maybe five or six seven years ago. I can't remember. But i just thought this is as close to america as a country that i've seen it just seemed to be kind of wonderful and free and sorta healthy in that way. I'm a little bit shocked john. Australia has taken this direction. This is really because all right. But i wanna finish if you attend the protests. Five thousand dollar fine if you share information on social media about these illegal protests eleven thousand dollar fines now. Why has australia taken this. I think it took this turn back in nineteen ninety six when after mass shooting incident. Australians guns were all taken away is why we have one in nine hundred ninety six. There was a mass shooting that resulted in thirty deaths. It was horrendous but in a hysterical panic the australians let themselves be completely disarmed. it's virtually impossible. You live out me. Outback and hunt kangaroos to have a weapon for self defense in australia. Any country with the citizens give up their guns eventually. This kind of thing is going to happen. Governments expand until they hit resistance. The power of the state keeps growing until something pushes back against it. That's why the american founders. If you read the debates over the ratification of the bill of rights the only question about the second amendment was our gun rights so obvious that it's insulting to even write them down. Thank god they wrote them down but one founder after another with no dissenters said an armed. Citizenry is the last backstop against
Teen Awarded $20K for Unique Dorito Chip
"In australian teenager gets twenty thousand dollars for discovering a unique dorito chip and australian teenager is cashing in her chips after finding puffy dorito and putting it up for sale online doritos is rewarding riley stewart a thirteen year old from queensland. Twenty thousand dollars for her entrepreneurship. After she happened upon a very unique air-filled dorito among it's flat counterparts. In a bag of chips that she was eating she put the big fluffy puffy dorito up for sale. The gold coast teenagers one of a kind dorito chip fetched bids of thousands of dollars with ebay users pledging more than one hundred thousand australian dollars after being on the auction block for just a few days.
Sean Snyder, High Stakes Mixed-Game Beast, on Pots Won and Lost
"I have questions about pods one and lost if any of those. Come to mind like any. We talk about pots. One any significant thoughts come to mind. I'm in the biggest spot. I ever want of course is going to be significant in my head. It was It was an element. Is the seven as this. Is not the best podcasts gas because none of the interesting hands are going to be games that anyone plays but yeah it was Just one hundred twenty thousand dollar pot against them like a bazillion time bracelet winner. He was kind of. I mean that was the beginning of the game too but he was really a beginner in the game he had a hit just started splashing very heavily in the stars. Four hundred and eight hundred eight intend game. Whatever happened to be. But we're playing two hundred four hundred element this seven at commerce a lot and i had been getting relatively good at it in. He was not good at it yet. He got it in as bad as anyone's ever gotten it against me to be honest To which is not something you do after you. Five all in for lines. Two rounds of betting so i had a hand that against him. I was ecstatic. It in but against any other person you would be shitting. Your pants. Provide you might. Actually i would ever better good player might have been able to fold the hand against someone else but yeah i. I only ran at once at the time and he did not hit his car. Draw and one hundred twenty thousand dollars for mine whole goes. I think what he started talking about. One hundred twenty k. potted. It doesn't matter the game. Your interests is pete. It's it's really rare. That like my blood gets pumping. Like even though i was certain i had the best hand like i was that. That's a lot of money. And i think we're playing Is again like a very short handed. Game six hundred twelve hundred limit plus the two hundred four hundred no limit. I was stuck about sixty thousand time which it wasn't the most i've ever been stuck stuck. Sixty thousand had another sixty thousand in front of man. Suddenly it was all in. So i mean i was. I was one cooler away or one babbio away from being a hundred twenty thousand yet you were out of that size and it just gets you exactly basically i mean. It's gotta be good feeling getting gray. The i didn't even win in for that. And maybe five fifteen twenty thousand something like that. It was cool to win a very very large pot. sars puzzle lost i. I've played a ton same game. No limited to seven tons of pots in the eighty thousand range won and lost. None really stick out as particularly terrible oldham lots of pots. Fifteen twenty maybe thirty thousand. No memorable ones really. I just. I have a terrible memory when it comes to like large pots Kinda wants the point. Once they get to the point where very large. I feel like no one really had that interesting of a decision for the most part at least though i'm more about the old either funny hands or financy hands where i think i played them. Well
Las Vegas Welcomes Its Newest Casino: Resorts World
"The big news at least coming out of vegas since our last episode is that resorts world has finally opened on the location. The old stardust hotel. Yeah and the initial reviews are pretty strong. Have you seen any pictures or videos of the pitchers and stuff. It looks very nice. It's got great review so far. I haven't heard anything bad other than you know the initial opening day. Well yeah issues you know. That's always a problem especially if you're trying to stay in the hotel there you know something that big i mean. They're just opening things are going to happen. Yeah the only issue i have is. Why didn't they call it stardust. Well i love that. I love the old star. Yeah even their logo was cool. They thought for vegas. That's the perfect thing. You know the start as well. I agreed stardust is maybe the great lost las vegas casino. That seems to be the one that always comes up. And i put that on my list to write. It just seems like the names of the casinos in the past. Were better the dunes. The stardust i mean you know resorts world. Yeah it's it's almost really isn't it it it. It sounds like a cheesy place but it's actually very nice. Knew nothing about it and somebody said oh resorts world. You're thinking great. A couple of our visa circle outdoor toilets. I mean that's what it sounds like. Why did they need to start us. This dune now they might not have had the right. Even the harass you know already exist. I mean names like that. You know a loudon in the sand. I don't know there's something about those names. Maybe we're jaded because we actually been to those places well from gambler standpoint. The interesting thing to us is that they are really pushing cashless wagering. There's been a lot of talk about that over the last few year right and they're really going all in at it now. What you do. Is you apply for their players club. And then you have an app on your phone like this virtual wallet and you put money on the wallet at their. I guess at their players club defined it. It's like having a marker yes very much like it's just like having a marker but someone can do it without getting a line of credit you can do for smaller amounts so you don't have a twenty thousand dollar marker you can put in two hundred dollars and the nice thing is you can use the slot used this virtual wallet to load money onto the slot right and then when you're done when you cash out you actually have a choice you can have it. Go have the balance. Go back on to your wallet right or you can just get a regular voucher. You know a ticket in ticket out voucher now. The thing that i found interesting is that you can also do that on table games so you could go up to a blackjack table use this virtual wallet right and then they give you real physical chips. You play blackjack scanner. Something i mean how does that work at the dealer pull out some scanner and or or maybe you run your phone over something but yeah it might have duct side. And then i'm sure they get some kind of feedback and they know how many chips to give you right and then again when you cash out right they'll either give you chips and you know you just go to the cashier as usual or they can put it back on the balance on your wallet or you can get a ticket in ticket out
CurlMix CEO Kim Lewis on Transitioning Between Product Lines and Creating Sustainable Business
"Tell us a little bit more about the transition from like subscription box company to signature products to dabbling in different areas again. Like tell us how you decide your product mix. We started chromos a diy curly hair so think of like blue apron but for curly hair. And we did that for like two years and that was my interview on south. I think my goal at the time. Half a million for the year. Neither we didn't think we'd have to. And i was like salty or whatever and i was like i had gotten pregnant. And how twenty seventeen and i was just like you know. My business is growing. The way i feel like you should be growing emphasis subscription. Box right And i talked to a few people. And i found out that the margins on my box way too small and what i have learned for anyone who does a subscription box if you are not getting products for free or if you are not Making it yourself. The margins aren't there for sustainable business. Usually and so we thirty percent margins for thirty dollars bucks whereas a typical hager company will have like seventy to ninety percent margins for the same price for one bottle. And i was like oh this even if i could scale this. I shouldn't because the math doesn't work. And so i was at the point where i really wasn't sure what i was going to do. With my business. I was like mcdonagh pivot. Close clothes pregnant. I started g. mat. I was figuring out of the nba. And i met my adviser I got a twenty thousand dollar arlen from backstage capital and she didn't give the money yet but she said basically said that like she wanted to invest in us in the meantime she will participate in all the backstage capital events But didn't have the money yet. So it's okay that's cool and i met my adviser who has a I always say this. He's a bald asian man but he's so nice and he is so smart. He's an engineer. Worked at as you tech companies early on and got shares and all that and he was like. What's your best selling box. It's our flexi gel manufacturers will make it for us you know they. It's it's too much like food. I got a boil real flat seeds. Extract the joe and he was like they just won't do it and he's like well. Why don't you figure it out and i'm like br been trying. It's not working. I'm seven months pregnant. What do you mean he was like figure it out. Never stopped selling your best product. And i was just like okay so i spent a monday my kitchen seven months pregnant. I may fifty different badges of lexi jail like found one that i loved it every time people will flag me down like what is in your hair l. me now. Don't go anywhere. And i'm working on it. So we've relaunched. We lost our audience with pre orders. Because he has launched a nut stuff to know that you do not just go out and buy bunch of inventory and figure out how to sell it later. You sell it. I even though the
Project Boogie Van Update
"Week's project car of the week is a retired mo- par drag car and you should know by now how cool i think old school mo- par drag cars are so it's no surprise. Why pick this drag challenger for project. The week it was posted on the talking mo- parts facebook page on wednesday june second at three o'clock and there is a big mistake in the ad which we will discuss after here is the ad nineteen seventy dodge challenger race car twenty thousand dollars. Joseph used cars vintage pro stock. Hardy roller chassis. Steele roof and quarters would make a good twenty eight and a half tire class car or bracket or whatever you wanna race twenty thousand or best offer title status is missing okay folks so if you saw the car or looking at it right now listening to this. You'd see that the car is a nineteen seventy-one assuming that the grill retail i panel have never been changed and the ad lists it as a seventy that's annoying to me ad also states. The title is missing which also annoys me. But it's understandable considering the car's been out of commission likely since the seventies the fender tag is long gone unless these guys have it and they will include it with the sale but look the cars and old drag car and if it were to see the track again it would definitely need some upgrading and updating. But that's not exactly how i roll. I'd love to be able to drive this car on the road into shows and cruises so that's the direction i would take it. I would actually leave it. The nostalgic look. But i would obviously get it safe and able to be street driven. The exterior of this car needs to be preserved. Exactly how it is with. Its wild custom paint job in giant period. Correct looking offset hood scoop. It's really hard for me to explain how this car looked. So you really have to go to the talking about parts. facebook page. Go back to wednesday. June second at three o'clock and check this car out. But you know let's not forget to mention. This car was driven an own by west jury and the chassis was built by the legendary drag racer and racecar builder. Don hardy which is really cool
Dogecoin’s Value Is Soaring. Is It Time to Take It Seriously?
"Another day another doj coin. We can't help but mention this going back ever so slightly today. If you put a thousand dollars in doj coin on january first of this year right now on may six it would be worth one hundred and twenty thousand dollars the nights i was thinking about it in light of what we used to say about market for stocks when they look high. And we'd say you know on any given day when a certain number of shares changed hands and that it if you multiply the the all the outstanding shares by that price you get to that market cap but if everybody's sets decided to sell. I just don't think it's really there and that's kind of what i think about doj point i. It's that many that's at least my explanation for how it can be eighty billion dollars. Maybe really not eighty billion dollars. That's where it is on any given day. That's a demand that's the leaning meeting could vaporize overnight. Meaning i don't think you can just say it really does have a market cap bigger than most of the major corporations in this country. Did you see on drudge. They had no regrets that they had the middle finger. One two okay. I see what he hit giving the middle finger at the establishment and that that made it. So that's all part of it and then you gotta deal on. Musk so i also make way you can't buy. You can't buy all of the doj coin altogether at a premium. Nobody's doing that. Unlike a company and one of the reason why you care about market cap is because extensively somebody could buy the whole company. Yeah premium that can't happen it doesn't it doesn't work that way
JPMorgan's Bitcoin Journey
"What's going on guys. It is monday april twenty six and today we're talking about j. p. morgan's bitcoin journey from worse than tulips to not my cup of tea to a new client product first. Let's do the brief. I on the brief today. Sports in crypto are definitely coming together in this cycle a couple of years ago. Nfl offensive tackle russell. Kun made a now famous declaration. Pay me in bitcoin. He currently takes half of his thirteen million dollar salary and btc and half in fiat. Kansas city chiefs. Tight end sean. Culkin is taking it to the next level. And we'll be converting the entirety of his twenty twenty one base salary. Nine hundred and twenty thousand dollars into btc. Culkin is going to convert his fiat to bitcoin. Salary conversion service. This is the same service that russell uses and it means that the paychecks are automatically converted which detaches them from market movements and allows coke in his own words to stay focused on the game for their part. The kansas city chiefs are aware but their contract is still denominated in. Us dollars about the deal. Culkin said quote for me it makes sense to get paid in the hardest form of currency. And it's something that's resistant. Inflationary pressures that. I think is very relevant in this current economic environment. That wasn't the only. Nfl crypto news today as the presumptive number one draft pick from later this week. Trevor lawrence announced a sponsorship deal with block folio the bonus of which will be paid entirely incredible out clearly. There is a mainstreaming momentum. Going on all right next up on the brief w is going on in turkey. I've been keeping you posted on everything happening in turkey but it's just gotten crazier on april sixteenth. The central bank announced that crypto would be banned as a means of payment. Effective april thirtieth. Two days later turkish exchange codex went off line on april eighteenth. The ceo of that company has gone missing and there are claims of massive fraud. Sixty two people with ties to the platform have been detained now for people have been detained as part of an investigation into verbal coin. Which is another turkish exchange. But none of this has stopped. Turkish crypto usage. In fact it's gone up sharply.
Donations pour in for families of Atlanta shooting victims
"I'm Julie Walker donations are pouring in for families of the victims of the Atlanta area massage business shootings Randy park launched a go fund me page asking for twenty thousand dollars to pay for funeral and other expenses for his mother who worked at gold spa by Monday morning the donations were approaching three million go fund me's for other victims also far exceeded expectations with some leaving messages like I hope you're able to feel the love and support and please remember that there are still good people in this world Robert Erin long is charged with the shooting spree that killed seven women six of them of Asian descent and one man he told police it wasn't racially motivated and claims to have a sex addiction but there is skepticism I'm Julie Walker
Suspended Crew Chiefs O Plenty
"Got some suspended crew chiefs on our hands. After multiple lug nuts were found. Loose after last week's race at phoenix. Brad keselowski is number two car lead atop the box guy jeremy bulletins and travis mac from daniels whereas cup series team will both play the home version of nascar cup series racing. This weekend they will also be writing checks to nascar to the tune of twenty thousand dollars. Each
Dealing with the costs and operation of hospital pensions
"Many hospitals have pension plans one variety or another however managing. Pensions can become a complex financial task. That many hospitals are not equipped to address internally joining me today. John lull a partner actuary at october three consulting and an expert in benefit and compensation issues with a particular focus on retirement benefits. John is here to help us understand more about how to deal with the costs and operation of hospital. Pensions john. welcome to the show. Thanks very much mike. I'm really happy to be here. I know this problem. We seems like an unusual topic for you and your listeners. But i think we're gonna make the connection for them quite well. Yes is sort of the other side of the house when it comes to ospital finance. It's not necessarily the revenue side. But just as important. So i'm really looking forward to the discussion. John let me start off. Many hospitals still have pension plans. And they come in two varieties as you explained it to me ongoing plans and frozen plans first. Let's talk about hospitals that have an ongoing plan as these are more rare these days What benefits would they get from continuing to maintain a plan. And how can they afford to run them. Mike what you say is absolutely true. They'll probably at this point only about two to three hundred remaining ongoing hospital pension plans left. That said those hospitals have them for the most part doing well financially and they're fully committed to continuing them if they were going to freeze them or completely get rid of them by now They would have done that already. So the ones that are left really have made a commitment to continue them. why. I think what we've learned. Is they see them. As a competitive advantage particularly from a human resources perspective it gives them somewhat of an edge in recruiting talent and in retaining talent and may simply view the cost of those plans as part of their total labor costs so some of them might choose to reduce labor costs in ways to compensate but a number of them have looked at this issue fairly carefully and they say that by decreasing unwanted turnover more than make up for the costs of the pensions and when they design them carefully. He's plans give them an opportunity to have what. A few of our clients are calling supercharged for a one ks. So let me explain that. With an example if for example you are recruiting a new head of. Let's say orthopedic surgery and you tell that person they can have something like their current 401k. But with the deferral women which right now is around twenty thousand dollars that might be five times as large or even ten times as large as it is. Currently that has a lot of value to them so put differently rather than being able to save twenty thousand dollars on a tax favored basis. They can save two hundred thousand dollars a year on a tax basis. That really does have a lot of value would add value to them that they just can't get in other places another issue that's bothered hostile. Finance cheats about pension plans is the cost volatility. But frankly that can be controlled and in fact by the twenty twenties it should be controlled through plan design. That's great so let's talk about the other scenario Which are plans to their frozen. What are some of the issues. Hospitals run into and plans remain frozen and could handle better. Mikey right Lot of frozen pensions out there to pick yearly at hospitals and there's a reason that they exist hostile more than perhaps at any other industry or maybe there are several reasons but the genesis. This goes back many many years. Certainly to the one thousand nine hundred seventy in one thousand nine hundred eighty s. There just aren't a lot of hospitals out there that are truly new organizations. They might be reformed organizations but at some point the actual ospital facility the hospital inc. Even if it's been reformed from a business standpoint probably in most cases goes back to the eighties the seventies or even earlier and what we in in the employee benefits business know about the nineteen seventies in one thousand nine hundred. Eighty s is virtually all employers gave their employees pensions. It was what you did back. Then it was an expectation the The sort of calculus between an employer and an employee in nineteen eighty-four example. Was you come to work for me and if you come when you're late twenties early thirties. You're going to make this year career. This is where you're going to spend your working lifetime and return for that if you're willing to spend your working lifetime with me. I'm going to give you this lifetime income. It's going to be related to the number of years she spent with me and how much i paid you but when you retire you are going to get this pension and it's going to pay you benefit for the rest of your life over time. The trend in the united states change. There are a lot of reasons for it that are for A different time in a different day to discuss but the fact is that organizations did begin to freeze these pensions So over time just as it happened in broad our industry more of these hospitals than not froze those plans the difference is and it seems to be very particular based on our research to hospitals. Once these plans were frozen hospitals. Treated them as if they were gone. In other words to use a kind of bad and use term from late night infomercials they went into set it and forget it mode. The problem that that causes is these frozen. Plans are not at all inexpensive to maintain and frankly the less attention that you do pay to them. More they cost. I guess that makes sense but that more so to speak is usually far more than the cost of having someone on staff to manage them. Once an organization does free a plan. It's goal should eat to terminate it in other words make it exists no more. So what the difference that we have here is if you have a plan that is frozen but not yet terminated. You are still required to administer. That plan contribute to that plan. Hey benefits from that plan and all those things cost money once you terminate it. You have given up all responsibility for the plan. You've taken all the benefits and either cash them out or sent them to insurance company and from your standpoint votes from a cash flow standpoint and from a financial accounting scam point. That plan is gone. It's almost like it never existed so that should be a hospital goal once. They've decided they're not going to provide these benefits anymore. Their goal should be to basically eliminate the existence of that plan eliminate the costs associated with the plan. Women ate what they probably view as the misery associated with a plan and to do that their plan should be two fold. It should be to get the to that destination faster and to get to their destination at less cost
Using Amazon Fulfillment to Grow Your eCommerce Business with Michael Begg
"A lot of people who listen to the show are small business owners. Many are Web savvy perhaps maybe even web developers so they can probably build their own e commerce. I'm guessing using commerce. That's generally popular platform. I mean it's like a quarter of e commerce sites commerce so If they are you know if we have a small business owner who wants to get into kind of selling stuff online Maybe their own products. Maybe not right because you demonstrated that it doesn't necessarily have to be your own products. What are some of the things that they should think about. As far as research goes As far as like researching what products they want to sell or you know just kind of understanding how the amazon platform works. Let's let's go with kind of how the amazon platform works rate We had previous upset about drop shipping talked about kind of researching products. But if you have tips you know that was two years ago now and not talk here and there. I know a lot of things have changed. I mean the amazon platform is pretty straightforward. Obviously the consumer customer side is a lot better build out than the actual seller side. You know there's a lot of pain points on the seller side. There's a lot of people get frustrated with amazon. Just part of the process amazon is bill to serve their customers not their sellers. Which is its own thing But anyway you sign up with a professional account cost about forty dollars a month from there you upload your listings you need to have. Upc bar codes for your products. Need to purchase those from a gs. One those are about ten acts like three hundred dollars so it's not that crazy from there you can list your products on the platform and amazon will pretty much handle the entire fulfilment side of the sales if you want to again. If you don't have your own warehouse you fulfillment team or you don't wanna be packaging hundred dollars a day to go ship out yourself amazon's great for that you know using amazon. Fbi you can send all your inventory right in. They'll distribute it across the country closest to the consumers that are gonna probably repurchasing your products and then as the orders come in. They'll handle the shipping mail. The customer service in any issues on that end so super helpful. If you are small business any don't have the capabilities to really deal with the fulfillment and customer service aspects. Yourself if you do. I mean that's great. You don't need to use fbi also florida's directly from your warehouse but fbi deafening. Get you a little more visibility on the platform definitely helps you stand out more. Get the prime badge which is another very big selling point when consumers are shopping on the platform and bats more or less the basic steward. I mean there's a lot of other a specific niche things that we could talk about. That can help you sell more. But just getting set up on the platform is pretty straightforward and following those processes. You can pretty much do it on yourself on your own. Yeah for sure. So the kind of use cases. I'm thinking through right. Now is maybe we have like a maker who's creating their own stuff Or we have somebody who's may be looking into drop shipping or or Retail arbitrage i. Okay somebody who's selling other people's products and it seems like i if i'm making something i can. I can basically send it to amazon for them to fulfil or i assume if i'm doing some If i'm buying someone else's product in bulk i can have them send it directly to amazon is i. Is that how it goes or do i need to do. I need to me then. Intended to amazon. Yeah i mean most of the time we're going to have it sent to yourself or you're going to be seeing yourself in person and then you're going to be sending it to amazon. That's probably about ninety percent. There are some people that will send it directly amazon for you but it's a little bit more difficult to find. I see it really doesn't matter what size business you are having employees. There's there's so much potential. Here on the platform declined. That was literally a one person operation to start with. It started working with us a couple years ago. She was doing about fifteen twenty thousand dollars a month in sales. And you know two years later. She's doing three hundred and fifty thousand dollars a month in sales and now she's actually being able to build a team i mean she's she's making significant revenue. She has a significant team to help her now. And that's just one example of how quickly you can grow on the platform. You know how much you can scale a business. Just through the amazon sales channel. Yeah that's great until and this is Kind of reason we're talking about. This is because as a freelancer as a small business owner. You worry about when you're one big client says we don't need you anymore right like we wanted. Diversify our income and so Selling through amazon is a good way. Now i suspect of the listeners. Like me Do more kind of digital products. You mentioned that. You started selling books on kindle. I wanna ask you about that in the members only show sure But in general amazon. We're talking mostly about physical products. Here right yeah. For the most part the kindle side is just one piece of amazon there's a royalty based business so you create a digital content. And you're making money forever. I mean books. I published eight years ago or still right review royalties every month. So yeah that's just one way to do it but You know physical product businesses are also pretty easy to build platform in not that challenging to do on. It's not a fulltime job. Do it on your own if you have a few products that you're selling so and that's fantastic because the fulfilment is the hardest part. I don't have room in my house to keep inventory right. I've got two kids now. So i don't know that they're toys r. Where my inventory would be Now now the other part of this is that you your personal path has led you to creating amc advisers and you have you say you're running a remote team of thirty right yes. So let's let's talk about kind of how you built that team and then how you moved to remote right as right now. Listeners can see this. Of course. But i'm looking at you in an office with multiple desk but you're by yourself. I assume because we're recording this in the midst of a pandemic yes that would be a good assumption. Actually kind of a funny process that we went through. I mean it started with Definitely working remotely and then coming into his office and now now we're remote again because of the pandemic. Yeah i mean as a business. We started growing. It was myself into other partners in the agency star way than we were handling a lot of things ourselves. We were able to get to about forty thousand dollars a month and grabbing you with us stanley which was nice. I mean that was like ninety percent margin so that was a nice little payday. Then we realized if we wanted to actually take you beyond this build. Something that had some equity value or or something that could provide an exit in the future We really need to build a business. Not just be doing freelance work again. If you're relying on a lot of clients a couple of big clients that are really bringing in revenue. We kind of were It's there's a lot of risk. Hang your business model that way. Just put it that way so we realized that we had to start scaling. We started using. Birds will assistance in the philippines So that was one aspect of our remote worth team. Obviously there's definitely challenges with that time zone. Being one of the big ones we as an agency. We need to respond to clients quickly. We need to provide good customer service in dealing with time zone. Differences created a lot of issues around that sometimes so we continue to grow and i actually came to guadalajara. Was where my girlfriend. Why i'm still here And as we continue to grow we need more people so we started hiring client facing people remotely in the us and content team people here in mexico so doing graphic design content writing Administrative stuff things like that now actually started hiring client facing people here in mexico as well so it's just been a process of scaling like that. Obviously march twenty twenty hits in that kind of all changes The other pandemic comes in. Now everyone's working remotely in mexico now. We have eighteen people completely remote and it was. It's obviously a big change. I mean i know it affects people differently By we had a great offer community prior to the pandemic it was great like how people we worked with really enjoyed. And now i know a lot of people are missing. Adding that interaction with everyone impervious ended up the same talking through slack for example. But it's one of the challenges that that most companies are facing.
Nike exec resigns after son used her credit card to fund sneaker business
"High ranking nike executive resigned after a recent news reports revealed that had used the corporate credit card to help his luxurious resale sneaker business and herbert huber he and hiebert who worked for nike for almost twenty five years was most recently the company's vice president and general manager for north america her nineteen year old son. Joe herbert c. They spelled it wrong the first time. Purchase loads of sneakers and flip them for higher. Profits in one instance. He said that he gathered up. More than fifteen people to swarm a website selling pairs of the coveted easy boots and sneakers and use bots to bypass the system limited purchases to one per customer. Who are actually buying them. So he was able to snag them all up. Joe herbert said he bought one hundred and thirty two thousand dollars worth of yeezy s on his mom's credit card. I'm sorry. I'm a credit card and resold them for twenty thousand dollar profit. There's a couple of things that are going on here. So you may twenty thousand dollars on one hundred thirty two thousand one and you just keep one hundred thirty two thousand. You need at least double it. That's not very good Shares and stuff approve. The revenue of his company was making the teen sent financial statements to bloomberg reporter for the american express corporation card. And guess what was on his mother's name last year and herbert was promoted to nike's vice president and general manager for north america and moved the company touted -ly to a less than brick and mortar store and wanted depend on more of the nike app and stuff however she disclosed information that her son's company in two thousand eighteen and nike found no conflicts of interest. Her son also claimed that she was a high up at nike. He never received inside information from her so nonetheless she richie found out that he was using her car buying nike shoes. And all this other stuff and reselling them
Houston Texans' Deshaun Watson Could Lose Millions if He Sits Out the 2021 Season
"Okay. Let's start our. Nfl news with shawn watson. This thing is getting uglier. Who is it ever so they just let him go all right now just break up. Well he's got the no trade he just can't okay so as it appears to shawn watson is never gonna play for houston again obviously and if as it is also appearing the texans. Do not trade to sean here. We go with a holdout right so different numbers have kind of come out. Regarding just a huge losses that watson would incur. Okay so we're gonna try to go through this piece by piece the full scope of these consequences if he exercises his right under the cba and not playing twenty twenty one. So i if the two thousand twenty one off season has a mandatory minicamp and if to sean skips it he will be popped with a fine in the amount of ninety three thousand dollars. K secondly if the sean skips training camp he'd be fined fifty thousand dollars a day. Okay so alleged. Day day day day with forty days in camp and six mandatory days off. That's thirty four. Days that sean would miss at a total fine of one point. Seven million bucks crews k. Thirdly sean would be finding amount of the regular season game check for each preseason game that he misses so at a base salary of ten point five. Four million bucks. That's about six hundred twenty thousand dollars a game. If as expected the twenty twenty one season has three preseason games. He would lose another one point. Eight six million bucks okay. So totaling up for the entire offseason including training camp and preseason to sean would incur just over three and a half million dollars in fines if he does not show up. Now if the sean then skips the season and if the nfl like they've been throwing around are going to be rolling seventeen games for the regular season. He'd lose another just over eleven million dollars in base salary on top of that calculators out guys because this is just racking up skipping the season would also allow houston to recover to sean signing bonus allocated for twenty twenty one. That's at five point. Four million bucks in money that he would have to basically just give right back so you do the math correctly. Skipping twenty twenty one would be total financial loss of over twenty million dollars for him
"twenty thousand dollars" Discussed on 790 KABC
"A twenty thousand dollar fine the US attorney is asking for four months behind bars I'm Steve cast and bam Los Angeles is six bridge home emergency set shelter for the homeless open today in the Hyde Park area with enough space for a hundred people mayor Garcetti joint city councilman marquees hawk Harris Dawson on a tour of the bridge home site which is located at fifty nine sixty five St Andrews place and nicknamed the bread yard for its proximity to a local business it is the first such shelter to open in south LA talk radio seven ninety K. A. B. C. sports raiders home tonight against the Broncos Dodgers plane Baltimore tomorrow and the angel's host the Indians that sports on the new home of the U. S. C. Trojans and seven ninety ABC news time for to. Z. dependable traffic right now he's downside of the ten to ten freeway writer Archibald in working on an accident you were the left lane blocked it's back up the mountain in the upland areas seven ten north around Firestone also working with a crash here with a big rig involved in the right lane and delays from Long Beach Boulevard south bend is affected from the sixties for about four or five eight Fairview Orange County area another accident here in the carpool lane and you'll find delays for the fifty five continuing after Westminster he's that ninety one right around Wilmington is another crash the two right lanes are blocked get you Jay from the one ten and fifty seven north Errol highway putting out a car fired a few minutes ago still have the two right lanes taken away next reported for twenty four I'm Roger Kramer A. M. seven ninety KABC. Hey ABC whether mid seventies at the beach is low eighties downtown in the valleys today it's eighty in Tustin seventy nine in Santa Ana eighty one in downtown LA your seven ninety KABC in H. D. now ninety five five FM HD two download the tunein app so you can take KBC with you wherever you go Liz Warner KABC news.
"twenty thousand dollars" Discussed on MyTalk 107.1
"Has a new show on USA. he does yeah USA. that it has. unlimited searing is about evil Knievel starring venting media as a seventies daredevil her the limited series titled evil. will most likely follow the stunt performer in the. to the historic Snake River canyon jump I feel like. the sense here the pirate made it happen. I looked into little bar cat goal for. it was like sort of a local version of the leprechaun today there was a little bit of the it's all going around. of the ours. you know what well done anyway good job really yeah your your accents are still in good shape you know what let's take a second while we are all here together to issue a huge thank you to our listeners because time and again we've asked our listeners come forward and help out where there's need the do it and as a result of that yesterday we held our diaper drive hi and you can still check out of the work we've done there and my talk one of seven one dot com key word diaper we we raised twenty thousand dollars in just a day over twenty thousand dollars which is absolutely amazing is that not pretty awesome you guys of course our listeners step up every time we've asked them to in this year is no different absolutely now I do want to let people know that you can still donate if you still have you know it I know it's payday so some people may be innocent on a fat stack of cash today I love feeling super generous today's a great day to still go to my talk one of seven one dot com key word diaper and you can still donate and it really is kind of amazing how we were able to make sure that we get those diapers to the people who need them in. the Bahamas those those diapers are gonna be air dropped to the people in the Bahamas in the reason why we do a diaper drive you guys is because we've realized that in times like this of natural disaster diapers and wipes or some of the most needed items and this is something that is fairly easy for us to understand and do together and boy you guys did come through again over twenty thousand dollars in one day I think that's still growing have you guys checked it recently no I have not it's the total I'm not sure is exact but I do know that we've continued to raise money today and if you haven't made a contribution but would like to was calling already said all you have to do is go to my talk one or seven one dot com key word diaper each and you can donate for each team but ultimately just make a donation and obviously we are so thankful for everyone who made those matches possible yesterday because those matches really there's essentially free money so.
"twenty thousand dollars" Discussed on WTVN
"Sixty a big question is will you have enough money to find a comfortable retirement in two thirds of those surveyed by the employee benefit research institute believe that they will but as CBC's Sharon Epperson points out a lot of them are just guessing there are a number of people that haven't even done the calculations yet on how much is going to cost them to retire and what they're going to need to live comfortably all of those years forty two percent that's only the number that have done that type of calculation and only twenty nine percent that's less than one in three people have actually calculate how much money they're going to be for probably their biggest expense and that is healthcare expenses not enough people doing enough calculations as what I hear great Kristin how can we be confident that will personally have enough when the time comes well you know part of this whole equation is doing some math that is it's a lot of fun to be honest doing the math and helping people understand what their probability predictability and and how to be confident that one retirement comes or if they're right smack dab in the middle of the retirement that they're not going to run out of money before they run out of time and I'm thinking about a couple Kristen dad's we probably talked with maybe two or three months ago and they came in and and Brad Lesley Brad was sixty two at the time and Leslie fifty nine Brad the chemist here at a local company and lastly a department head of a of a big guy healthcare company here in town and they did a really good job of saving a saved about one point five million dollars between both of their four one case and they played a retired three years so when when Brad turn sixty five they're going to retire we're gonna take a little bit that healthcare hit you know on that that three year window for Leslie but that's what they're gonna do and so they came in and and they said you know what we want to do is we want to be able to maintain the way we live now in and maybe add just a little bit too because we have a little more time on our hands are gonna be able to do a few more things than what we're able to do one more working full time and so we identified after a lot of back and forth and discussion we identified they were gonna need about ten thousand dollars a month or a hundred twenty thousand dollars a year net to maintain their lifestyle well neither of them had a pension coming so between both of them their social security benefits in three years going to be about fifty four thousand dollars a year so now we had to fill a gap where to fill a gap of almost a hundred thousand dollars from one point five million which is a big stretch so first thing we did was we wanted to see where they stood if they didn't do anything and so we did an xray other portfolio in understood then that over the last several years they had about a five point eight percent rate of return in their portfolios so not not super great but not super bad and their risk our ever which is measured by what we call standard deviation how much wobble you have it the UP verses that down and so that was about nine point eight seven and so that that risk was not quite double but about maybe you know now ninety percent greater than the return which is a little bit problematic to so when we did the efficiency test on there about fifty three percent efficient okay and needing that kind of income that was a little problematic so you know we were talking about calculations one of the most fun calculations but when the most eye opening calculations we show people is something called sequence of returns in how impactful the order of the returns are when you're taking money out it's so interesting to me that if you have money in the account and you're not withdrawing the order the returns doesn't matter the end results always the same you could shift that order in any order you want in the results the same but however when you start taking money out this is where Brad's eyes get really big was I was going through these calculations and showing them okay look if we get this kind of time frame you're gonna have plenty money they'll be plenty of money left over but what if we get in this kind of sequence for this kind of time frame we're on the front end you end up with some negative years and all the sudden if they receive the wrong sequence they were gonna run out of money by the time they were eighty two or eighty three years of age and so many people are living past that age so we had to really start changing the mindset the first change is needed is to get that portfolio more efficient to where the where the rate of return is actually greater than the risk but for you listening you're wondering well am I gonna have enough it am I gonna run out during retirement how does all this work well I have some fun new toys that are called some calculators that we use now to help you we can actually create a plan for you right in front of your eyes is a lot of fun and help you see well what if we change this or what if we change that the first step though is get your portfolio X. ray to see where you stand and then apply that to what you think you want to do in retirement only a financial adviser with over twenty five years experience would say has some fun new toys talking about various types of calculators but Hey that's you Greg it's great and that's why you and Kristin are such a great team and we're making available that portfolio X..
"twenty thousand dollars" Discussed on Newsradio 970 WFLA
"Call deputies determined it was two men who live nearby out target shooting on their own property officials say there was never a threat to the school bird praise the parent for seeing something and saying something an investigation is underway into the death of a Brandon woman Hillsborough deputies were called to a domestic dispute Tuesday morning on Parsons Avenue and found twenty four year old condition roads being restrained by someone in the apartment who told the roads had pointed a gun at them the night before hit another person with a baseball bat and bit off part of a child's finger deputies placed roads in hand cuffs and while they were talking to witnesses she became unresponsive she was taken to Brandon regional hospital where she was pronounced dead an official cause of death has not been determined no one at the apartment is facing any charges a well no non profit is trying to do something about the high cost of cancer treatments in the U. S. merrily in the lead at the leukemia and lymphoma society says they found something alarming when they looked at cancer drug costs in an hour looking at these costs and we found that the average cost of treating a particular kind of leukemia it's a hundred and twenty thousand dollars and not just for one month of treatment the first month he says they are pressing Congress to enact laws that promote competition in the health care market place and make healthcare costs more transparent for now the leukemia and lymphoma society is trying to help patients pay for things like the high cost of drugs transportation to their treatments and even their rent and utilities you can learn more at L. L. S. dot org well.
"twenty thousand dollars" Discussed on WTVN
"To twenty thousand dollars you can get back yes great yeah good luck with that the amount of paperwork you would have to file to prove that your data was misuse and specifically misused due to the Equifax breach as opposed to somebody else's breach you've got to have a paper trail you got a show when he lost funds weren't reimbursed by a bank or credit card company you got to be able to show the time you spent bottom line is I think a lot of Americans aren't going to bother attempting to collect any reimbursement and many of those who do are gonna get allows a hundred twenty five Bucks meanwhile on a little bit of a happier note I'm not sure if it's happy or not but there's a big conversation we've had on the radio show here in the past month or so about E. S. G. this is an investment conversation what I ask the simple question do you believe in investing in a manner consistent with your values I think most folks would agree with that I mean there are a lot of folks who say I don't want to invest in tobacco stocks or in alcohol stocks I don't want to invest in companies that manufacture nuclear power plants I don't investing gun manufacturers I don't want to invest in casinos that kind of thing right up but that's okay it's understandable we might feel that way what you need to recognize that when you attempt to implement an investment strategy consistent where your beliefs you'll discover it's far more difficult to do than you thought you are likely to be disappointed in the outcome in fact Hester Pierce takes it a step further she is one of the five commissioners on the SEC and she spoke at the American enterprise institute this past week and she said the corporations are being unfairly maligned by proponents of ESG that's the movement behind this socially responsible investing ESG refers to environmental social and governance policies she said that her speech quote we see labeling based on incomplete information public shaming and shaming wrapped in moral rhetoric preached with cold hearted self righteous oblivion to the consequences we pan scarlet letters on allegedly offending corporations without bothering much about facts and circumstances and seemingly without caring about the unwarranted horn afterall naming and shaming corporate villains is fun trendy and profitable that's Hester Pierce SEC commissioner noting that when you attempt to make an investment decision based on non investment criteria you're more likely going to hurt yourself what it's popular and easy to do one illustration is at Harvard Harvard has a thirty nine billion dollar endowment the largest of all colleges Harvard still invests in companies that produce fossil fuels you know they invest in Exxon Mobil one and be paid yen and other oil companies but recently three hundred faculty members signed a petition calling on Harvard's endowment fund to divest its investment in those oil company students held a rally alumni of written to Harvard's president urging the university to divest well are we sure that divesting is going to improve the returns of Harvard's endowment is it going to lower the risks of Harvard's endowment is it going to cause Exxon Mobil to change its corporate policies or its behavior Mr Pierce the SEC suggests probably not and here's the worst part here's the worst part let's say that your running a mutual fund company and you are struggling with poor returns and you're not attracting enough money from investors for your fund to operate profitably what do you do about that if your fund manager well you know what a lot of them are doing they are re branding themselves as ESG funds they are announcing that they are now suddenly investing with us socially conscious approach last year the number of mutual funds that place themselves in the ESG category glue fifty percent there's no nearly four hundred of them in the country and yet a lot of these funds haven't changed a thing about the stocks they invest in according to a recent study that just came out some fund managers simply changed the wording in their prospectus they didn't do anything about the funds themselves last year for example sixty two mutual funds added ESG criteria to their prospectus but over the sixty two only eleven of them actually change the investments that they hold Goldman Sachs international equity fund got a new name the Goldman Sachs international equity E. S. G. fund the Putnam multi cap growth fund is now the Putnam sustainable leaders fund and the Putnam multi cap value fund is now the Putnam sustainable future fund they're not the only phone companies to have done this Aberdeen JP Morgan Morgan Stanley they've all added ESG to the prospectuses of many of their phones without actually changing anything that the funds are actually investing in in other words they're betting that investors will judge the books by their covers so if in fact you truly want to invest in a manner consistent with your views on E. S. G. environment social and governance you need to do some research beyond just the name of the fund gives itself and the language that's embedded in the prospectus look at the portfolio holdings and see if in fact they've changed over the past year to see if in fact the holdings in the fund are truly consistent with how you believe and I suspect you're going to discover that it.
"twenty thousand dollars" Discussed on KIRO Radio 97.3 FM
"Nine so so what I call I said operator operator operator operator we're sorry we're sorry we're sorry you got picked off one through four it wasn't what I wanted some sing fraud fraude fraude we're sorry we're sorry I had to go to the interview I'm telling you all right the most stressful job what we hear from people say and the person has to answer Todd's I hold your stupid call yesterday would be fun to get through to the human the most stressful job you ever had was answer that's if you would please at the online trading academy techs on nine eight nine seven three talk about this a long time king county juvenile detention directors give a call potential for twenty thousand dollars settlement as I read this they asked her to apply for this they asked her to say Hey give us almost half a million dollar give you half a million Bucks in taxpayer money that's next step right now get a traffic for from chemical I brought you by Chevrolet if you Alan well north on I five approaching south center the crash that was blocking a couple lanes just blocking the one rightly now the traffic's backed up from south twenty eight down the hill the earlier accident seventy five south to sixty it looks like it's cleared away the back of starting to improve their but we're still really jammed into fight for my we eighteen and still really busy getting to the JBL and main gate from zero five twelve C. with north on five north of this quality up to the main gate one six seven still credit to south of algo enough for five south on your on the brakes from five twenty four school creek parkway were things improved website twenty seven from about eighty fourth across the bridge towards I five in south five in a downtown stopping though from north gate north five an effort is still a challenge from just before the Boeing freeway ports for street in very self however radio real time traffic I'm keeping Klein job in show Rachel features I think you said this is our most commonly.
"twenty thousand dollars" Discussed on NewsRadio KFBK
"Less than twenty thousand dollars and get this free shipping Donna Hey do that I know what you do over the weekend president trump became the first sitting U. S. president to step foot in North Korea some are applauding his efforts during his whirlwind trip to the Far East while others are concerned with his style of diplomacy let's break it all down with NBC news radio's bills in for and bill this morning it is all the buzz is it history or just a photo op yeah well there's no doubt I was his treatment of the first two sitting U. S. president to set foot in North Korea was in a photo op probably was as well and the president does it better than anybody else staging a spectacle like that and die will it open doors that is the question here toward the denuclearization of the Korean peninsula it's a possibility but a lot of leg work has to be done even recently our special envoy North Korea Stephen vegan said through two summits and numerous conversations the two countries still do not have a definition of what the nuclear reservation is or should be there was also another brief comment by the president that may have given us an indication that the United States may be changing policy a little bit when the president I was asked about sanctions he said sanctions will remain on North Korea but that could change during negotiations so up to this point the United States has said there can be no sanctions relief until we have complete verifiable irreversible denuclearization odd now it seems like the president may be bending on that a little bit China and Russia among others have been pushing the idea of a staggered approach a North Korea gives up something say they close a missile facility some sanctions are removed they do something else more sanctions removed could the United States be going toward that staggered approach rather than the all or none denuclearization we've heard about up to this point we need more information on that well bill the national security adviser jumbled was no where to be found her during all of this going down how does the president leverage this and the actual policy and you know what other president has used to relieve the even the cold of his personality to to force change I think that president trump is different than than anybody has been most recently and it is the individual relationships that he treasures so much and leverage is so much and at this point he could make the argument that he's trying to build trust with Kim Jong on and the more trust there is there the more of a chance there is that North Korea will give up their nuclear weapons others will weigh in and say that there is no way at this point North Korea is going to give up their nuclear weapons since that is what got them here in the first place having the most powerful man in the world come to your house knock on your door and say I want to talk North Korea wouldn't be here without nuclear weapons all right bills infirm NBC news thank you very much for your time all right start month with a bang in order to coming up Kelly brothers he is your money news right now seven fifty is the time ninety three point one K. F. B. K. traffic.
"twenty thousand dollars" Discussed on Biz Talk Radio
"Right. So if you only need I've got a cousin like this, if you only need twenty thousand dollars a year because you wanna cut lumber and you've always been a college professor, then all you have to make twenty thousand dollars a year. And you can get in a van, and you can go travel the world and, and have a great time. If you wanna live in a cottage young, you can figure out what the costs are, and you can go and what I see happen. A lot is some of the people who started over based on that question that I just gave you Angie where it was. You have to support your standard of living somehow or another, another gig comes along. And you get offered a really good job. Right. And you've had six months off. You've had that sabbatical. So it wouldn't mean saying, sabbatical this time it was them figuring it out on their own that many times they wind up going back. So just go ahead. I had another statistic from the department of labor and it's saying that forty percent of the population of those over fifty five forty percent of employed. Yeah. So I just noticed that. So again, that's that's data. You've always got to be careful because they're factoring in unemployment factoring in disability. And when you get into the when you get into the unemployment numbers, you can get into some very ugly fights with people, so you have to be really, really careful up at the unemployment rate is very low, but so is the participation rate when I was researching this, I found it very interesting that the people who are over fifty five starting a new career have totally different jobs than the people who are retired looking toward, absolutely listen, consider this program. Eight hundred nine hundred eight four zero zero one. Rate. Number twenty five dollars..
"twenty thousand dollars" Discussed on KIIS 102.7
"For twenty thousand dollars. You know what I love about shock? Orange County is they, they never turn a child. In the parent, there's this feeling of gratitude. And, you know, I guess if you'll stay knowing that there's the plate, or you can take your children and know that they're going to be taking care of the situation. Right. So, you know, the financial hardships your background, whatever it is. And there's a place here for for your children. So bring in MRs Baker, who's listening, Patty to you. She knows that you're there inside the hospital. And she Nicole screen, it says one of her first graders is there at Chuck hospital right now? Mrs baker. Good morning. Learning. You're on the air with us. So tell us about this. First grade student of yours. Sorry, I'm going to go on. The first grader, I haven't in the past. So what the family and without mentioning his name on air? Three to card. He's really made a lot of progress and then got the diagnosis of cancer. May ten and we're just really pulling for him. And I'm going to be probably tutoring him over the summer to get them ready for second grade. And we wish in the bed, and I know that I keep going on the best place. He could be and the angels. Come visit and relief on things. At the area, so in areas. So I'm very happy. He's happy going through this. He is happy economy. Well, why don't we put you on hold for quick second. Can you give pad his name off the air and Patty can go say hi to him? Awesome. Okay. Let's do that. You could be one of those angels today. Awesome. Patty hang on MRs Baker. You hang on got an assembly as well. We'll get to that. We'll come back in just a second. That's why I love it right there. Right there. Pat. He's going to get to that first grade student, and hopefully that first grade student will smile in that moment. Coming back and paint a Bill, a sixty.
"twenty thousand dollars" Discussed on KSFO-AM
"Help? Better than I deserve. What's up? I'm calling because I just received this year restricted stock some the company, I work for and so every year for the next four years, it'll. Fourth of it every year. So this coming year, I'll get about twenty thousand dollars. And so my question is I have four credit cards that I wanna pay off, and one of them is twenty thousand dollars. And then the other three total to twenty thousand dollars. The first one is about fifteen percent, chose the other three are about maybe twenty five percent interest each. So my question is should I you go ahead and take the short term capital gain and pay off the larger one, and then the other three move it to the larger one with a balance transfer and possibly get zero percents interest for eighteen months and then start knocking that one out or should I do long term capital gains and weight so that I take less long term capital gains will not apply to the what the stock is worth at the time he received only plot of what it grows. What you get when it received as an employee benefit that's going to be ordinary income. And so, you know, if, if the stock hasn't gone up in value term short terms, Nago matters. I think you need double. Check your tax gone. Pretty crummy taxes. But I'm pretty sure I'm right on that. Either way, I'm cashing stuff out and put it on the debt. What's your household income eighty thousand? Okay. And have you cut up the credit cards? I have not yet. Are you on a budget? No. Okay. Here's the problem. This is not gonna go away to you. Do those two things. You've got gotta be done with this, because you cannot out on your stupidity. I tried it for years. Couldn't do it. And so the, the problem is, you're just you're one often this based on only this stock. Benefit and what we need to do stood as big only okay. We're gonna have a written game plan by which we get this paid off. Oh, and their stock there to not like, oh, the stock's gonna solve your problem because the credit card debt is not the problem. It's the symptom. The symptom of overspending in not having a plan the symptom of impulses. The symptom of I want something before I have the money. So I buy it. Anyway. We all have that, right? You're not different. I'm not picking on you. But the what I don't want to is go. Oh, yeah. Usa stock in the credit cards, which is what I would do. I'd pay off the smallest three immediately. And when the other vests I'd go ahead and pay off other stuff. But I hope by then you've got the other stuff paid off because none of the year from now. My overall plan is to use what I get and be able to pay off everything. I have. So but that's. I'm saying over the next four years. When I have all this. Okay, how much debt do you have? One hundred eighty thousand total. Okay. And so forty thousand dollars in credit card debt at one else. I have a personal loan and as to a big student loan. What do you own your car? Gee, I have two cars me and my wife day are least right now. But the payoff amount sure one of them is thirty and the other one's twenty. So a hundred and eighty thousand in your household income is eighty. Take you for years got forty to throw out at that brings it down to one forty. Probably three years. Is what I'd probably rather. You do. So list your debts, smallest to largest pay minimum in minimum payments on everything. But the little one stop all 4._0._1._K. Stop all investing stop all vacations. Stop all eating out and attack the debts in the order of smallest to largest one of the tools that you have the tack, the debt is your income on a tight budget. The other tool that you have the tack that it is the stock benefits. And so you can't just what I'm trying to say. Let's look at this holistically in your overall situation and cut up the credit cards as you get them closed close the accounts as you get paid off. And you know, let's get let's get this wrapped up and moving on. So, yeah, that's what I would do. I would use the stock immediately on the smallest three credit cards because they're gonna be your smallest three debts. Oh, by the way, you get released cars. That's the most expensive way to operate a car, according to consume. A report smart money magazine. My calculator so hold on. I'll have Kelly pickup. I'm the singer copy of the book the total money, makeover, which is the book that shows you the plan that I just outlined for you. In great detail Kayla is with us in Dallas. Hi kayla. How are you? Better than I deserve. What's up? Okay, I'm calling because I have a question about as e loan. I'm a disabled veteran live in the state of Texas. And I'm one hundred percent as a hundred percent if they will veteran you don't have to pay property tax. Also, don't have to pay PM mine shirt. My income is fifty thousand which is said, I'm never gonna make any more than that ever. So, basically, the houses I'm looking at around between one eighty to two hundred but I kinda wanna go up a little higher. What to do that, because I don't have the pay property or you still thinking twenty five percent of your gross for your mortgage payment and fifteen year mortgage. Well the, the, the twenty five percent of fifteen year fixed rate is so that you can win win being that. You've got the you've got a reasonable house payment. They give you other room in your budget, to do other stuff like investing and saving up buying a car and doing having a life. So you don't run into debt on that. Okay. Drain that and you turn into house poor. The house is not going to be a blessing. It's gonna be a curse. And you get to do what you wanna do. You don't have to do what I say, the only reason I put that guideline places to show, you mathematically how you're gonna win. And that's what you've got it aside from here. The other thing I'd be doing is trying to figure out with the type of disability that you're facing what you can do to get your income up over time so that you don't have to sit and say, fifty thousand dollars years all ever make my entire life. I think there's probably some things you can do to create some income, and I'd be.
"twenty thousand dollars" Discussed on 860AM The Answer
"For twenty thousand dollars, if the employee made you an extra sixty thousand would you buy a widget machine for twenty thousand if the machine made you an extra sixty thousand that would be a three hundred percent return on employment or equipment costs. So leverage isn't bad. But leveraging without liquidity is what gets people into trouble this wisdom motivated me to help people protect themselves from the negative impact of t I m e spells time, but it's an acronym that I use that stands for taxes in flation market, volatility and economic uncertainty. So the first letter of each of those words taxes inflation market volatility, economic uncertainty spell time, so one. Accomplishes. This by maintaining laser focus laser is another acronym that I came up with years ago that means liquid assets safely earning returns and all the serious cash that I've air marked for financially funding. My legacy Bank is what I call it into perpetuity must meet the laser test. So as mentioned many times on this program. The three key elements of a prudent investment or any sensible financial instrument are one liquidity. This is the ability to access your money with a phone call or an electronic funds transfer without triggering tax or some penalty to is safety of principle. This is the ability to preserve your principal and protect it from loss. Also in a year that you make money you want to be able to lock in the game. And have it become newly protected principle. So you don't lose what you made in previous years due to market downturns. Most financial advisers. Never ceases to amaze me do not know how to do that. Third is rate of return you want to be able to earn a competitive rate of return, and I prefer tax free that historically has beaten inflation because it's linked to the goods and services that inflate as an additional benefit I prefer the financial vehicles that made the laser test also have tax advantages. I would rather have it grow tax free than just tax deferred like an IRA 4._0._1._K why because fewer taxes equals more cash in your family Bank. Now, whenever I speak an ask my audience is who thinks taxes will be going down in the future. I get nothing. But crickets, when I ask their opinion about the likelihood of tax increases us e of hands goes up some estimates. Say taxes will likely go above fifty percent for many Americans in the future. And I wouldn't be surprised America is a dicta- to spending from progr. Rams like social security Medicare health care and countless other initiatives, uncle SAM's appetite will only get bigger with taxes on the rise. I look for every valid and legal way to maximize my income and minimize my taxes. I'd rather redirect my money for causes. I support the controlling make a difference for my country as well as my family, then give that cash to the government in unnecessary taxes that won't necessarily benefit the greatest national needs. And I can prove this all day long, folks, if you come to one of our educational events now, you may be thinking, well, that's true. But I won't have to worry about it too much in retirement all being a lower tax bracket. Then what you also may not realize is when you reach retirement, you may lose many of the deductions you once enjoyed such as home mortgage. Interest dependence and retirement plan contributions. And if you're a business owner, you'll be losing even more deductions. It's what I call the deduction reduction, and it means that although you may have less income during retirement, your taxable income may be.
"twenty thousand dollars" Discussed on 760 KFMB Radio
"Initially, I think the first couple of coins this guy the first transaction. I think he bought like Papa John's pizza right right for to bitcoin. I mean, that's a heyday. I mean, that's a twenty thousand dollars. Got the double cheese. And so twenty eighteen was not a great year for crypto currencies as bitcoin and all the other coins probably fell seventy eighty in some instances ninety and then others just went belly up. I guess we should explain in some cases, if a merchant will accept the cryptocurrency you you can actually pay your bills or buy merchandise with it. That's what it's the regional intent was but in the meantime, people are speculating with it. They're buying the coin for a certain price and hoping it goes up in value. So saying what happened in two thousand eighteen is it it's quite a bit. And so people are still looking to hold onto it. I there's an acronym. It's like, you know, hold on for dear life. You. Yeah. Never ever sell this. Right. And that's great. It's coming back. It's coming back. He'll always come back. But are or if it doesn't. So then you look at let's say if you wanted to sell it or you did sell it. Because now you you you buying and selling on the exchange your people are not necessarily mining bitcoin anymore right in. So the whole process of this whole thing of what nakimora wanted to do was people mind and not necessarily traded on an exchange. Now, you have all these different exchanges where you can trade buying sell bitcoin. So the problem was when it comes to taxation is like what the hell is it is it a currency, but the IRS rags came out and said, no property. So if it's property then it's taxed at capital gains rates..
"twenty thousand dollars" Discussed on The Morning Toast
"And then there's literally the longest caption ever, you have to go to this page, and then you have to follow Eighty-one accounts. Get who the hell would do that. I don't know. But then I like someone message me something. And so I have no clue if it's real or not. But it kind of sounds that all those eighty accounts pay to be part of this giveaway. They pay twenty thousand dollars shut money, and then they pay close. They khloe must be like two hundred thousand dollars. You know, what's so interesting. Is that makes a lot of sense I've been following one of the accounts like not following how they're doing. They are a brand new account called be the label. They have just a grid on their thing. And they have seventy thousand dollars. Okay. So seventy thousand entered I hope you are win. Yeah. And also they have eleven legs on their photo. Like that sad that sad. That's because some of these are. Some of these are brands this like embarrassing for the people brands like I understand like a a thirst monster with twenty thousand dollars lying around. And it's an easy way to really think it's twenty grand. Well, yes, it's twenty grand times. Eighty people is how much money and that's much cost to get a crash in. That's not that's one hundred sixty thousand dollars or one million six. From twenty thousand times, eighty one point six million. Okay. So maybe so maybe they did a few ads. Right. No it. But then there's a host like khloe says go to this person Curie giveaway. So they have to split that one point six million between the two of them. No this page that follows eighty people was made by these people. No, I think that those that page hired eighty people.
"twenty thousand dollars" Discussed on StarTalk Radio
"Well, that's pretty well. Hey, you know, we're we're running out of time here. So I want to get to a couple of questions. One is all this to to couple things one. You talk about focus, you're dealing with basically a kids who are going through puberty, you know, and you talk about focused. I mean, how difficult is it? And do you ever lose a kid to burn out? And do you ever lose a kid to like, you know, why aren't you focus? I can't stop thinking about boobs like, you know. I mean, like, this is what you're dealing with dealing with kids. I mean, how do you how do you make that work? So that's a very good question and doesn't. Something that that I've always done when I built my team says tried to balance personality inbounds ages, and I think that is incredibly important to make things work. So for example in the team were at two in caps. He was sixteen when I wrote the contract with them. It was seventeen when he came to Berlin. But also matched him with people that were twenty four twenty five. And made sure that the team as a whole had more maturity mixed with the lesser maturity. So that obviously he will he will get to pick up more from the bigger guys. But when these guys are in season, you have one off day elite at most and on that off you're very highly encouraged to to play as much as you can it's like, it's not like so many other things are going to be on their mind after than not going to just be able to perform. So if you're not cut out for you're not cut out for the that's the same in full or anything any sport. Oh, okay. Many a cold chosen very good answer. I gotta ask one more before we run out of time. Here's the deal, man. Everybody on who's listening right now. Once in though, this one question how much money can I expect to make as a pro gamer? Okay. So in Europe, you're you can probably look at the ten thousand euros plus per month Eastleigh all easily and in America, you can double that easily with the current situation. Cert- so guys making twenty thousand dollars a month plan videos win, and that's kind of a baseline like for the for the for the for the best players. Yeah. That is status baseline. And then you have extras with personal sponsorships people being red bull athletes, which is a bunch of them. You have fun just sponsorships and an extra extra extra. That's just the base salary level. Well, I gotta tell you something right now. Nico I have to go home and apologize to my son and allow him to kick me square in the s because he came to me two years ago, and he was. Eleven at the time. He was I hey, dad. I wanna I wanna be a pro gamer, and I said, you get the hell out of my house. So eleven I wouldn't recommend it either. So I if I can end with something always tell people as long as you can keep good grades as long as you can stay in good shape and behave accordingly and at the same time, you're able to become a very good player. Then sure maybe you can go. But if you're not able to maintain your life at the same time while you're doing this don't go for it because it's incredibly hard at a requires incredible amounts of time and it requires incredible amount. So look, wow. So don't give up the rest of your life to just try to become a professional gamer look at this guy. Man. How old are you? Can I join your ten look like you're nineteen? Okay. You're twenty six. Okay. But you look like you're nineteen. I gotta say. He does. But it's it's great to hear story coming out of this person. Yeah. I'm for that. And the F success for the team. Where does he sports go from way you are now? I mean, I mean, I know the big soccer teams the big football teams in Europe have their own sports teams when they come on board. You won the wauconda direction..
"twenty thousand dollars" Discussed on WLAC
"Hundred twenty thousand dollar income is yours. One hundred percent one. Okay. It's only a one income. Mom single. Okay. So you're okay. So you're going to have zero income. Lincoln. Yes. For a little while. Okay. Hopefully, not long. But yeah. Thought about the remainder of this year, take my income and just get straight into the principles with which is what I've been doing. Not a bad idea. Get yourself in a better position. Because obviously if you're gonna go to zero income you've got to have an emergency fund still sitting there. And if you got the house paid off to the that just create your creates a different level of staying power to get the business to get the insurance business off the runway to get to lift off, right? Yeah. That's that's one. I'm on do. I think working the rest of the year is probably a really good idea and just just knock that mortgage on out and because you're you're an aggressive saver. You have the ability to do that. And we can go from there. That's what I would do. Hey, thanks for the call open phones at triple eight eight to five five two two five and is in Toledo. Hi and welcome to the Dave Ramsey show. Dave. Thank you for taking my call. I have a retirement life insurance question. I married. My husband's military retired. And all these donors working on hobbies. Our kid is going to college next year, she has RJR bills. So she's she said or.
"twenty thousand dollars" Discussed on KTRH
"I appreciate your call, sir. And good luck to you, James and San Antonio, Texas. Welcome james. How can I help you? Thank you for taking my call. Sure. She. School lesson. Sedate them. I'm trying to find something and. Something a little bit. Soapy witch. She's like ninety eight pounds, and she's only forty seven the issue that that I'm afraid of. CRV that she drives you round with. That's my view. Boy, I tell you these questions are hard for me because. I can't review a car from the perspective of somebody. That's four foot eleven I will tell you this. I had a similar case to this probably a month ago. Girl, young driver. She was right at five foot. So pretty close to the same as your daughter, and I recommended that they look at a Nissan kicks, which is the news small SUV from Nissan, and there were a couple of reasons one is it seemed to me that you set up really well in the seat, and the second thing is it's the only SUV out there under twenty thousand dollars that actually has automatic forward. Breaking and it really worked. And so from a safety standpoint, I thought it was a good fit. But I did as the actually this was a mom. I asked the mom to let me know how fitter she got a hold of me. And she said that it was perfect for her. She could see over the steering wheel. She felt confident in it. I know you might want to small truck, I don't typically recommend small trucks for new drivers. Just because the rear end is so light. But. You know, what's the SUV with that kicks? It's gotta get you out with a reasonable amount of money. And I think it's going to be something that work for her try that out and let's see if she's comfortable in it again. It's just hard for me because two people four eleven can be built very differently and it worked for one and not work for the other. You'll find Nissan of new braunfels and our website car pro USA dot com under certified dealers give trials..
"twenty thousand dollars" Discussed on KGO 810
"Two hundred and twenty thousand dollars that people make very very bad decisions. The interesting part is that it's subsidized and pushed by the federal government in a way. That's just but that exists to finance the bloat, and it's just. And then it's a ripple internally of become more aware this recently with someone I know who writes letters regularly for kids trying to get into a very very very very very very v most competitive program and now world in one particular program, how has become so insurance grown now to the place that you can't it can't be controlled with the the emphasis on which school you go to which only really exists among the academics. And then the other people who went there. Right. But then you get enough of those people out into the world or you're going to go into academic. What matters in the academic world not out here in the real world where their estimates live. Right. None of us think about where you went to college at all in the academic world, it all matters to them greatly. So they build this weird competitive thing that's only within it's like a video game or something. It's only in this tiny little world that they're living this which reminds me of and it's it's it's it's growing and growing and growing and growing and growing and growing and with all these different administrators, so all the. Administrators. It matters to them a lot. Whether they're at the number fifteen university or the number twenty five university on whatever list comes out at the ever every year, which brings us to another point that the Atlantic. He's made and that is that those rankings which are so they're universally known as stupid and damaging and universally followed with great care and interest. It's I it's one of the few things I've ever run into in my life that are that are so widely hated in so widely adhered to. But the universities they know their rankings are disproportionately affected by their heavyweight faculty and the heavyweight faculties based almost entirely on research and accolades that have zero to do with the classroom experience. So they spend like lunatics on getting these faculty in these accolades, and that Jack's up the price further, and then subsidized by loans bub-bubba that has none. Nothing to do. With the academic experience. The poor son of a bitch kids are paying for right? Who see that particular professor once a year, whatever right at all. Yeah. Yeah. Yeah. Interesting. It's it's built upon itself to the point. Now, I don't know if it can be stopped..