36 Burst results for "Two hundred thousand dollars"
Silly and Misleading Retirement Calculators
"I think the main reason people seem amazed at the idea of retiring at age. Thirty forty or even fifty is the lack of real information on early retirement. In general if you type retirement calculator into a search engine these days and enter some stats about yourself. You will find some very strange assumptions. That are guiding you to think you need an absolute load of money to retire for example. I was once working through such a guide in a magazine from northern. Trust a bank that caters to the wealthy. It went something like this. Consider your goals for retirement. What life events do you need to be prepared for. The following table lists average cost children's and grandchildren's university education. A hundred thousand dollars per child children's and grandchildren's weddings twenty five thousand dollars. Assisted care facilities a hundred thousand dollars per year. Medical costs funeral arrangements. Twenty five thousand dollars trust funds for loved ones esteem and legacy planning and charitable foundations. 'wow looks like you're well into the millions before you even get to buy yourself some groceries. Another retirement calculator on cnn. Dot com has various parts to fill out dropdown boxes pre filled with hand values like retiring at age sixty five and needing seventy percent of your maximum pre retirement income constantly for the rest of your life. The drop down box with seventy percent in it did not even offer a value lower than forty percent. This percentage of income concept is one of the most anti mustache ones out there if you make two hundred thousand dollars per year just before retiring this experience. Corrupt you so much that you need a hundred and forty thousand dollars per year for the rest of your life or is it possible to maintain the same luxury standards of a person who has a merely comfortable income like forty thousand dollars per year. This goes back to the ideas of the get what you need posting. I made recently and that is why not go for maximum happiness rather than maximum consumption. I propose that maximum happiness is achieved at a spending level where you live in a comfortable space. Eat healthy foods and get to do lots of active and stimulating things with friends. That doesn't have to cost a hundred and forty thousand dollars per year or even fifty thousand dollars per year for most of us the other assumption they push on people is a very low rate of savings they assume you will less than the annual limit on 401k contributions. And don't say much about what to do if you save more than that which the high income person mentioned a few paragraphs ago could certainly do so these banks and mutual fund companies will continue to tell you that you need millions of dollars to retire because it benefits them for you to invest your money with them. Luckily it's a harmless bit of tom foolery since the saving benefits you as well but the disservice they do is in scaring people out of dreaming to save faster or to think about much shorter time horizons like tenures instead of just plain old age. Sixty five so. I'll give you a quick retirement calculator of my own adult couple with no kids or whose children are. Grown can live very comfortably on forty thousand dollars per year and retirement. My own family lives very comfortably with one child on somewhere. In the twenty seven thousand dollar range you can shoot higher or lower depending on what level of luxury water pursue twenty. Two eighty thousand dollars is a good absolute maximum sane range. But if you don't want to calculate everything out just go for forty thousand dollars and figure out how to make your savings produce that for you for a single person. It might be difficult to slice in half because you lose some benefits from sharing a house in car but you can come close to quick early retirement budgets number one in early retiree couple lives on thirty thousand dollars per year. Earning five thousand of that combined in part time luxurious post retirement careers. The remaining twenty five thousand dollars per year is generated by their savings. Six hundred and twenty five thousand dollars of total savings are required to generate this amount of passive income using the four percent rule number two an early retirees single person leaves on twenty five thousand dollars. Earning ten thousand dollars on his or her many career. Fifteen thousand dollars per year is required from savings which calls for a nest egg of about three hundred and seventy five thousand dollars. I'm working on some much more detailed and exciting sample budgets using real numbers for my own spending experiences before and after retirement
Fresh update on "two hundred thousand dollars" discussed on Heartland Newsfeed Radio Network
"Cr blake eight six thank you. I don't know if people remember there was these things called crypto kitties at some point or something like that. I think that's what they were at theory him. I don't know what exactly they were. But they were a token on the theorem network. Who you could buy a digital. Kitty i think you could fight them with one another. Yep and you could grow your katie farm and you could breed cats and you could sell cats and it was stupidly expensive like some of this stuff like a hat for your cat. Calls to three hundred dollars is it was stupid. Oh yeah and people were. Buying people are loving it and the down the entire network with this thing. Jesus it was bad for him. No it was good for theory but it was it. There was so much traffic on it. That you couldn't do anything else with it. it was just slow well The thing about the crypto kitties. I didn't like i. E just showed me them like a few months ago is they just weren't very cute like i wouldn't be all these so cute. They were really like cartoony almost monster hugging if they're like q. Like nintendo style. That would be way better so you have a story about something similar. That's happening today or happening in the world today rather yes. This is crypto horses. This from sports echo says people are breeding digital horses and spending real money tamagotchi churchill downs in don't necessarily new as you mentioned. Ten dogs allows people to basically spend money too. I don't know what you didn't intend. Dogs play with dogs. I guess there's no actual horse and you're buying a digital horse but now a horse per my husband is a black hole that you throw money into so could you. Oh you're throwing money into it makes sense well. I used to have a friend who had an account on deviant art and she just drew horses and people would pay her for them like she'd put watermarks all over them so you couldn't screenshot her horse but then they would get the physical artwork right. It was still digital aside. I always thought that was weird. I thought this was going to be like the same thing but this is more like a game where they can breed them an own them. Do they charge you to do all of this stuff breed and on. I'm sure they do well. They used to buy them. You have to pay for them. It says that is now up to nearly eleven thousand horses sold with another eight thousand bread spread across three thousand six hundred so-called stables rare to ask. Okay you're about to tell me what we're horses cost. Rare horses are now regularly selling for more than fifteen thousand dollars. When horse is role with crypto enthusiasts. Zora this one horse sold for more than four. One thousand two hundred thousand dollars. I understand cryptocurrency is up. it's going to the moon. But for god's sakes people they have nothing else to do with their crypto..
Kylie Jenner Requests Donations To Pay For Stylist's Surgery
"My other who's back was kylie jenner. Once favorite card dashing was in the news. Her personal hairstylist. Had to get brain surgery needed like sixty thousand dollars and kylie jenner. A billionaire was nice enough to post on her story to go fund me for her personal hairstylist. Sixty thousand dollar surgery and she herself donated five k. Good for her. We wouldn't have ruckers at hit. We would not personally match kylie. Jenner's five thousand dollars. And i think that kylie can probably make the case that the exposure that she gave the go fund me via re tweet was probably worth. What two hundred thousand dollars. Is that kind of going right. So really her. Her hairstyles owes her Would that be a one hundred forty thousand dollars so she should expect an invoice for this. So she's just you know she's training for all the reasons
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
A Look Inside The COVID-19 relief bill Passed By Senate
"The senate passed a one point nine trillion dollar covid nineteen relief. Bill here's what senate by elena abramson the senate on saturday afternoon narrowly passed a one point nine trillion dollar cove nineteen relief package a key milestone for president joe biden to ink his first legislative priority into law the avalanche of federal dollars which clock in at approximately nine percent of the country's gross domestic product includes fourteen hundred dollar checks for middle and lower income. Americans extend unemployment insurance through much of the summer and provides seventy billion dollars to increase vaccine distribution and coronavirus testing. The bill was passed entirely along party. Lines with all senate. Democrats supporting it and all republicans opposing. This nation has suffered too much for much. Too long biden said in remarks from the white house on saturday. Everything in this package is designed to relieve the suffering and to meet the most urgent needs of the nation and put us in a better position to prevail starting with beating this virus and vaccinating the country. The house which already passed version of the bill on february. twenty seventh is slated to vote on the amended. Text on tuesday before sending it to biden's desk so he can sign it into law. Here is a look at six major components of the bill direct payments for millions of americans under the senate plan individuals making up to seventy five thousand dollars in couples. Making up to one hundred. Fifty thousand dollars per year are eligible to receive a fourteen hundred dollar check individuals. Earning between seventy five thousand and eighty thousand dollars and couples. Earning between one hundred fifty thousand dollars. One hundred sixty thousand dollars will receive some of that money but not the full amount. The eligibility thresholds are a change from the house's initial version which kept the threshold at one hundred thousand dollars for individuals and two hundred thousand dollars for couples senate. Democrats lowered the eligibility for the stimulus checks to get all democrats onboard after resistance from some moderates in their party. The decision means that an estimated seventeen million americans who received a check under former president. Donald trump won't get one under biden. According to a study from a nonpartisan institute on taxation and economic policy biden said on saturday that the government will begin sending the checks to eligible americans. This month extended unemployment insurance current federal unemployment benefits. Which a lot an additional three hundred dollars per week on top of state benefits are set to expire on march fourteenth. The senate bill extends the program through september sixth at three hundred dollars per week for households. Earning under one hundred fifty thousand dollars. The first ten thousand two hundred dollars of the unemployment benefits are non taxable to prevent surprise billing at the end of the year. These were also changes from the house version of the bill which provided four hundred dollars per week through all twenty ninth. The reduction in unemployment insurance in the senate version was implemented to ensure moderate senator. Joe manchin a democrat from west. Virginia would not break with his party. According to a democratic aide expanded tax credits for families. The bill raises the child tax credit for most families in the coming year by one thousand dollars to three thousand dollars per child. It's even more for families with young children. Many can receive credit of three thousand six hundred dollars for each child under age six. All of these credits are fully refundable and some researchers say these measures could potentially help cut child poverty and half funding for state and local governments and public schools. The bill delivers a three hundred fifty billion dollar cash infusion to state and local governments and one hundred thirty billion dollars to elementary middle and high schools to help them reopen safely. Local budgets have faced steep declines in revenue as businesses remain shuttered during the pandemic last september. The brookings institute estimated that state and local revenues would decline by one hundred fifty five billion dollars in twenty twenty one hundred sixty seven billion dollars in twenty twenty one and one hundred forty five billion dollars in twenty twenty two. The money for schools is designed to help them improve their ventilation systems. Hire more janitors and reduced class sizes to conform with social distancing protocols. Democrats argued that this money was necessary to save public sector jobs and enable teachers and students to return to classrooms without risking their health. Republicans said that the funding already allocated through. Last year's relief bills was sufficient and that sending more money the state and local governments was superfluous relief for restaurants. The bill includes traditional fifty billion dollars in assistance for small businesses including more than seven billion dollars for the troubled payment protection program and a break from previous relief packages. This bill provides twenty eight point. Six billion dollars in grant relief specifically for restaurants which have been particularly decimated by the pandemic
Judge declines new arrest warrant for Kyle Rittenhouse
"The judge has declined to issue a new arrest warrant for Kyle Rittenhouse Kenosha county circuit judge Bruce Schroder rejected a prosecutor's request to issue a new arrest warrant for Kyle Rittenhouse eighteen year old from Illinois accused of fatally shooting two people during a police brutality protest in commercial Wisconsin last summer the judge also rejected the prosecutor's request for two hundred thousand dollar bail increase prosecutors said Rittenhouse failed updated address as mandated by his bail conditions connection detectives who travel to the apartment on file found a man who said he been renting the place since mid December but his attorneys countered that he moved to an undisclosed safehouse after being diluted with threats he's been portrayed as a trigger happy white supremacist to tourney say he fired in self defense I'm Jennifer king
Greg Elfrink - How To Create And Sell Your Own Media Empire
"So when you're when you're seeing someone 'biocyte. I'm kind of curious because he's probably pointed to the seller. Sometimes it's a more of an advance or sorry. The buyer felt like an fbi site because they see the opportunity. Someone did all the hard work of creating the website finding the products. Maybe figuring out what's working what's selling what's not like. What are some things that you're seeing sellers do with a website that on empire flippers. Like are there certain things that they're looking for. Is it like that. where they're like. Oh they did all the work for me. I'm gonna pay for that because they can saved me years of work in heartache to figure all this out like can you know prep yourself for that in a way as a seller. Yeah you're asking. What can i do to help. A buyer seed at their web site. Is that shortcut. Yeah that in the motivations of a buyer yes so they can kind of sync up in the right spot and you know get the valuation yet. This is a very good question. Because i i always Both buyers and sellers so if you ask a seller like why are you selling your business like almost one hundred percent. The fans like i want money vic big vol but that's usually not the real answer right there. That's the superficial answer. Then you dig deeper. They're like oh. I want to do other projects and like okay. Let's dig deeper. You peeling back the onion a bit. eventually filed like. Well i want to focus on other projects. Take less than my time. Because i'm moving to this new house and selling this Business allows me to make this down baby in the house for my new family. And now you're getting to the emotional reason right. So whenever a talk to buyers and sellers say dig deep find out who the buyer seller is copywriting. One we all do like everyone listening to this podcast of the market price familiar with copywriting right but for some reason when you go to buy or sell busy like take the copywriting Just like throw it in the trash like. I don't need that anymore. Businesses success but like the buyer seller. Is your customer right like that is your customer. You need to think about their own motivation. So when it comes through selling thinking about a buyer we recommend Or at least i recommend the seller jagger our buyer persona content. So there's about six of them and they all very different motivations for example a newbie norm. If you've you know you're seller dealing with someone who is a newbie norm. Someone's brand new to the space like that doesn't necessarily mean they don't have business document or money they're just new to online business acquisition. They're probably going not have as much confidence. And so you're going to have to hold their hand a little bit more and that's okay For the seller. Payoff like yes. You might have to hold their hand a little bit more but when you give them a quality business you might have. Effectively changed their entire trajectory of their life in a positive way. Because like maybe knows just starting out and that's always going to be the biggest pool buyers talking to because there's always more people coming in right versus say like a investor yvonne who that would be more of your brand aggregate or someone who's raised millions of dollars to acquire businesses. Obviously their motivations going to be a lot different. And if you're a seller like say you're a amazon. Fda entrepreneurs does example works really well with And you have a one product business. So one hundred percent revenue comes from a single ecommerce product on amazon. Most buyers don't like that look at that and they're like darris seems soup. Exactly right like whoa. Because it's a two hundred thousand dollars of single skew like But an investor ivan. Not risky at all to them. They don't care. They'll buy one product businesses all day long because they raise millions of dollars. A your five hundred thousand dollar eight hundred thousand dollar. Even three million dollar one product business one hundred k. to them as long as it meets their other strict criteria cousin to them is not as risky. Because of all acquisitions are doing right. So this is these are important things to know as a seller going into who am i dealing with For things you can do before you ever sell is ask yourself like would i buy this business like just be honest with yourself would i like. Does this seem like a good deal. Why why does it seem like good deal. You start interrogating yourself. And if you're really honest with yourself There will probably be some answers. The actually seems like not a good deal away. Now i know. How do i fix it. Like how do i make this a good deal for myself right so you always like sellers are obsessed with evaluation for obvious reasons. There's a second. Part of selling a business called attractiveness so some sellers they'll be like Like say you're running this huge media site this You know michigan. Thirty thousand dollars a month affiliates. I and you have this bad ass team writers. Va's as all this all these systems and processes set up in the first thing the so as things like andrei increase my valuation by firing. My old team get rid of that expense. That's valuation boost right. But then the buyer cousin sees all the work that has to be done to maintain this business. He sees you working seventy hours a week. He's just going to discount. You're like hey. I'm going to eat iot. I'm going to hire a team. So i need this for a lower price because the net profit is going to be lower right so you almost get like no benefit for doing that. I always tell sellers like yes valuations imporant that think about. How can i make this business attractive as well. Now right now would you. Would you recommend people go and start a site from scratchers now. A good time to go. Try to find like a site that needs a little bit of love by the site. Flip it and make your multiple. Like what sort of path are you kind of recommending people. Go down if they want to get into this world. Yes so if you're just starting out. I probably wouldn't recommend buying I think it's good to get your feet wet with building. That is a long game. So you don't you don't need to build something until it's profitable. You should be building something to where you're comfortable with the system. So that's the important thing i always like. If you wanna go fast always recommend buying something and if you have some skills. I think it's really good to buy something. That doesn't look great on the outside or even on the inside right like you want to buy other people's problems it's very similar to real estate investing right like if you if i buy a house. That only has like cosmetic issues and smells terrible. No one wants to go in it right. I basically get the smell of discount by the south thirty thousand dollars. I painted to cover smell or whatever and now it's worse as sixty eighty thousand dollars. I just built all this equity for very little right so you. When you're buying it online business you want to look at it in the same way especially once you have skills now if your brand new buying online business. I probably wouldn't recommend buying too many problems because he probably don't have solve them if you're brand new to buy dot go like get this amazing deal because there's a site with us google penalty that's been banned from all its affiliate programs. Like you know you don't want to hunt for like the deal. You're almost always going to be better off buying a high quality business for fair value. Like that's always going to be better at least until you get some skills then you can look at doing this like discount. I call it by business. A discount right. You're looking for these problem of businesses problems like But that's what i recommend. So you wanna go fast. Buying is one hundred percent way faster than building because you already have all the data and you can do all this. Low hanging fruit stuff like cro on page optimization new content taking advantage of the high domain rating on the website. Right all of. You can't do your first starting out site ray like if you put The split testing software. Vw show up on your your ten page affiliates. I was one visitor. Burma like you're not going to change. You know you don't have a lot to work with yet. so
Britney Spears fans call out Diane Sawyer over 2003 interview featured in new documentary: 'I want an apology'
"The fallout from the britney. Spears documentary keeps getting uglier. Justin timberlake was under fire but he is not the only one. Diane sawyer is feeling the heat as well documentary framing brittany featured. Some of diane's exclusive interview with the star from two thousand. Three and fans are outraged. They're saying. Dan owes an apology for grilling her about justin. And whether she's a bad role model for young girls. Here's a clip. He's going on television. Pretty much said you broke his heart. You did something that caused him so much pain so much suffering. What did you do. Britney spears has upset a lot of mothers in this country starting with the wife of the governor of maryland. Really if i had an opportunity to to shoot britney spears. I think i would. Oh that's that's really trying to test a lot of people was pretty wide goodness all right. So there's so much to this interview in fact like after that whole terrible quote from the governor that said i could shoot britney spears diane sawyer to that was something along the lines of well. You've really you know. Made it very hard for a lot of mothers. Wasn't that bad is governor's wife. That's who needs apologize her up unless she's not here or anything like that. But that's what needs to apologize. Get up off. Diane's she's a reporter. She was at a man's world back there. She had to be tough and nobody asked him barbara. Walters apologize but nothing. I'm just i'm done. She had to be tough. 'cause he was week we wouldn't even know her name. Right now feels different. So say you're part because i like when this talk all that i looked up the interview and listen. I'm going to say it's a reflection of the times. It's how we attacked women at that time. It just the things that diane was allowed to say to britney without even a second glance is absolutely appalling. It would never happen in two thousand twenty one. I don't believe she pulled out. Magazine articles Showing brittany and about how she was sexy. And all these things brittany said jaylo does it. Christina aguilera does it. Is it a big deal. Because will you have the connection with the. It's all making her feel guilty on top of that. This is another question. She asked this twenty one year old. She said but you said. I've only slept with one person in my whole life two years into my relationship with justin and yet he's left the impression that you weren't faithful that you betrayed the relationship she's enquiring. How many people britney has slept with questioning her on her virginity on on her sexual relations. That is insanely inappropriate. What she was grown twenty one twenty two. She was grown. She gets grown questions asked at the time she was sixteen. That i would say okay. You a little rough. But she's twenty one years old. You just talked to my nieces. That's what you've been doing your. Sat results long doesn't matter ranger national television. You're asking this young girl to to tell you. All of our sexual secrets and intimate affairs of a relationship overly scrutinized at that time anyways everything she did. This is cobbled reporter year to get the information. It is up to you to answer. Not her publicist should advisor this. You get out of the hard question ooh brennan. Actually i will say handles herself really well. But i think diane sawyer i promise you i truly believe diane sawyer looks back at that interview and cringes bring something. Go through saying if i could do this over again. I would have. Maybe still grilled her but in a much more appropriate way. I think for diane sawyer. Look we have to remember. This was diane's thing. John was known as if you're a celebrity. And you're in hot water. You go sit with diane. Do the tough interview and if you get through it your career is back. Don't forget this is in two thousand. And three a year. After diana whitney houston in she spent two hundred and fifty thousand dollars a year on crack. So you gregory speier's just gonna walk into diane sawyer interview and not be hit with the hard questions. It's a little bit much. It's like somebody saying. Oh i didn't know that howard stern was going to ask me about my sex life. I didn't know my family businesses. We're going to be out of mari povich. It's the town though. It's the town that diane takes with britney. Is it just brittany or does he take it with everyone that i can say. We have an we you. She asked whitney straights her face. Do you spend two hundred thousand dollars. We also cracked that one. I want you to feel guilty for your sex life. I want you to feel guilty for your sexual the way you dress. I want you to feel guilty for your responsibility to be this perfect positive as we received it. I don't think she meant that. I think she was just doing a job. That no one else would do. Because i don't know if i would ask brittany that. I don't think i'm that type of person that i can really ask the hard questions if somebody wants to be an open book. They can't be listening wearing the world now of reality. Television people talked about sex they. They'll they'll open the the open it up. They tell it on their own but back then especially a young girl like that to put the pressure on her to try to be the. We still put the pressure on people stars to be the perfect examples especially when they started like disney princess. And then try to move on to something older but she was twenty one at this point at this point when miley cyrus still got like a big backlash whenever she tried to become more sexualize. However we have let it
Best games of 2020: Among Us
"Another unexpected breakout success. Definitely not cyberpunk twenty seventy seven but a little old game called among us. it's an online multiplayer. Game centered around you and your friends. Essentially completing a lot of different tasks to keep your spaceship running while one or several of your teammates are actually trying to kill you. This cultural phenomenon is an indie game created by just three developers. its way of helping. People feel connected. Became a big deal with influencers. But what really sealed the deal is when leading up to the election congresswoman alexandria ocasio. Cortez played the game live on the streaming platform twitch as part of an effort to get people out to vote over. Four hundred thousand joined the livestream raising two hundred thousand dollars but among us wasn't a twenty twenty release. You've seen so many interesting success stories this year in really surprising places. One of the biggest stories of the year was among us among us was a game that came out in two thousand eighteen. It it was a tiny tiny tiny indie game made by a couple of people. Truly just a handful of people that nobody paid attention to in two thousand eighteen and this was the game like it was good in two thousand eighteen. Just nobody knew about it. Even though among us was an unlikely success giovanni worries that most indie games which rely on building up industry buzz at trade shows could be in trouble. The thing that actually is the most troubling thing that comes out of all of this is actually as it pertains to indie games from my perspective. The way that indie games make their money and the way that they get notoriety and become known is they go and they do the work in person they go to conventions like e. three which is the big video game convention which got cancelled this year and they put their names on the show floor and that gets word of mouth out about them but at the same time it also gets them in front of the eyes of investors and publishers. Who are actually gonna give them the money to release these games like with independent movies. It's indie games with small teams and small budgets that could be hit the hardest by the pandemic though if there is one industry that's gaining new followers and could probably thrive in a virtual business environment. It's probably video games. In general games. Were really prepared for this moment in some way because if you look at the last couple of years of how the industry has developed it's been really cleared that games have been moving towards the sort of like. Hey we're all going to have to be digital at some point you know whether it's whether it's through being away from one another long distances or or something like this games have been preparing for this really really well you know. Multi-player games of the last year have only gotten bigger and bigger so all of those pieces kind of came together this year where it was like. Hey we know all of this is rough and we know that a lot of industries film and sports are going to have a really hard time figuring out how to deal with this. We've got this.
Kelly Loeffler's Atlanta mansion 'Descante' mysteriously dropped in value by millions of dollars, giving her a tax cut of roughly $88,000
"Republican senator kelly law flers multimillion dollar home rapidly depreciated in value resulting in a much lower property tax bill. Now no one can explain why especially at a time when all of her neighbors property values went up She and her husband had pumped money into remodeling this extravagant mansion. And usually when you do that the property value goes up. But i'll give you the details and you decide for yourselves. If something shady is going on leffler in her husband. Jeffrey sprecher bought a fifteen thousand square foot atlanta mansion known as discount for ten point five million dollars in two thousand nine the value of the estate as praise by fulton county government officials for the purpose of calculating annual property tax stews. Remain the same for the next seven years but then something weird happen in two thousand sixteen. The praise value suddenly plunged to four point. One five million sixty percent decline. So how does that translate to lower property tax while property taxes of course are calculated based on the value of the home and if the value of the home goes up your property tax bill goes up and if it goes down of course your property tax bill goes down now. Originally they were paying two hundred thousand dollars annually to the city and county governments in property taxes. That in two thousand sixteen after their home's value dropped. They paid ninety thousand dollars since then. The appraised value of their home has risen to roughly five million. But they're still paying about eighty thousand dollars less a year than they did when they first bought their home
What Is Alpha Fold
"So what is alpha full. It's a software system. Relying on many of the techniques we discuss on data skeptic deep learning and that sort of thing as well as many biological techniques. Don't discuss on the show. It is a truly interdisciplinary breakthrough which is able to predict the three d structures of proteins based on the sequence of amino acids that compose them proteins consist of twenty different amino acids and the structure of that protein. Which is the hard thing to predict. Sadly also the most interesting thing. The protein structure determines its biological function proteins. You can imagine are quite small. That's why we can't just look at them to see what their shapes our or at least not look at them directly. This is something that bothered me when i was younger. I was learning about things like the atom and hearing that the electron was never exactly in one place that it existed as a potential cloud or really just a probability distribution over where it might be. Maybe that worked out on paper. But i wanted to know what if i could zoom you know or shrink myself down or get a really high powered microscope. What would it really look. Like if i could get down there and see it. And i eventually learned. That was a nonsense question. It's like asking. What is the son taste like. We're talking about atomic scales. The errors that alpha fold made were on the nanometer scale. As far as seeing at least with my eyes that's going to require photons. And if something is skinnier than the period of the photon within. There's no way to really see it. But it's so. Scientists have developed many ways of seeing or. I'm just gonna start saying observing of observing proteins x ray crystallography is a diffraction technique nuclear magnetic resonance takes advantage of properties we know about oscillating magnetic fields and cryogenic electron. Microscopy is a technique whose mechanism i can't well articulate but these have been the major techniques that scientists used to experimentally determine the structure of proteins. So why do we need al full that all if we have three techniques all of these are insanely expensive require tremendous amount of training and are in some ways error-prone although no disrespect to the operators of these machines that work in those labs. I don't know where this figure came from. I couldn't find an original source. But i found a lot of popular press quoting the number. Two hundred thousand dollars is the cost of establishing one protein shape through some of these methods. So you've got the choice between i. Guess what a down payment on a house or knowing the shape of a protein also commonly cited is the opportunity for this to advance drug discovery. My understanding of this is that in many cases drugs are designed to kind of fill in the blanks or do something that a protein isn't doing to mimic shape and therefore mimic its mechanism. I was trying to come up with a programming. Analogy here may be saying that the amino acids were the binary code and the proteins were the assembly language. There's a structure to them but very archaic and hard to read by humanize. I prefer to read it in the original. See myself. i'm not a biologist. So i'm not going to speculate on this but it is quite clear. This is a fundamental and major breakthrough. I don't know if my analogies fair. But i would. Maybe compare this to a breakthrough in quantum computing that doesn't change everything about computing overnight or soon thereafter. We'd see improvements in search thanks to grow. His algorithm and an integer factor ization. Thanks to shore's algorithm but i lack the creativity to appreciate the full breadth of what it might mean for practical quantum computers exist and i'll select the background in creativity and breath to understand what alpha fold is going to do for us in the future. But i'm very eager to watch the story unfold. As i'm sure it will
Where In The World Is James Harden?
"Been so excited to talk to you about what it's like to be on the rockets beat right now because covering this team has never been boring really but how would you describe what it's like at this moment. What's the mood around all of us in. I mean look. The rockets tend to tends to be a lot of curb. Your i think the to put it. Politely tim macmahon covers the nba for espn from texas. Where he's been documenting the chaos in houston all offseason. Typically that turbulence at least over the last eight years has been about trying to find a coast are four james harden james harden and say no. I'm tired of this guy. Give this one or you know whatever the case may be now. Turbulences is them desperately clinging to the hope that they can convince this. Who is touring the country with a rapper. Right now party maskless during the pandemic while they're beginning training camp come on we can still win. You know get back on board. And i say that. That's a heck of a challenge to put put a lightly so i want to reset for the listener. You're tim because a year ago. The rockets were at a very different place. They were embarking on a grand experiment. Their gm was daryl morey. They had to former mvp to former teammates with thunder james harden and russell westbrook in just one year later. Daryl morey has gone russell. Westbrook has gone and despite the rest of the team reporting for training camp on december first. James harden is still. Mia so what do we know about where he is right now so we are recording on monday morning and his last known location means las vegas by the way just an amazing sentenced before whenever the next sentence is going to be. My understanding is it's gone from atlanta to las vegas. The rockets is you may be aware based in houston Not not not a short walk but for a guy who can afford to say. Throw one hundred thousand dollars cash in a prada bag along with a two hundred thousand dollar. Watch to give into birthday present. It's not difficult to charter a private jet. And get back to houston. If you are so determined. I want to explain for those who are uninitiated. Tim what exactly we saw. James harden doing in las vegas. What was little baby. The rapper doing. Why was there a prada bag full of literal and metaphorical honey buns like what was happening there. Yeah and i'll be honest with you. The whole honey bun metaphor that. That's that was new to me. I don't have any friends that throw hundred thousand dollar bricks of cash at me for my birthday. Wouldn't mind having those types same but yeah so atlanta. This is thursday when nba players are doing individual workouts. They're supposed to be quarantined. In the side from working out testing in the team faciliate essential activities. Well hard ops over to atlanta and attends low baby birthday party gives them the prada bags stuffed with like you said the little honey buns and the metaphorical honey bun. I don't even know how to pronounce the name of the the watch. But it's you two hundred thousand dollar watch and a prada bag because you see hardness proud of him So that was you know it was very very Thoughtful thought to the baby not so much to the houston rockets and harden was also apparently very proud to be attending this party maskless because he posted several pictures on his instagram account. Which you know arms not a big g guy in terms of activity so he definitely wanted it to be known. That area is a little babies birthday party. And then as the rockets are going through their first practices when i first saw these other videos Surface and again. I you know. I forgive me. I'm not quite sure. What said underscore one 'em's. There's just so many underscores oblivious van. It's really hard to keep track of these user dips. Well i mean. I'm a. I'm a forty four year old farts. I don't know exactly who he is. But apparently he's you know pretty important dude in in Little baby circle anyways. So he's got pictures of them continuing the party in vegas and you know. There's a jam packed tour buzzers. Oh people dinner. They're making rain at the club. All all that kind of stuff. I think i
Can Seattle arts groups survive the pandemic?
"Corona virus is a public health crisis of course but it's also devastated the economy it's been especially destructive businesses that depend on people gathering together in person tourism restaurants and the arts. Kyw's arts and culture reporter. Marcy silman has been monitoring the health of the regional arts and culture community. She spoke with kim. Malcolm about what. We might see moving forward so marcy for the past couple of months. You've been doing some deep dive reporting on how the pandemic has impacted our cultural communities. How would you describe what you found across the board. Kim organizations are treading water. If they haven't already drowned you might remember last march. When governor inslee issued his social gathering restrictions. everyone had to shut down operations museums and some art galleries have started to welcome back visitors. But they're at twenty five percent of normal capacity which just does not sound sustainable. And marcy you and i've talked about how performing arts groups and musicians have been streaming content and how it just doesn't cover the costs for many of them. So what are arts leaders telling you about this pivot to digital when it doesn't pay the bills. Peter bowl who is the artistic director at pacific. Northwest ballet told me that he pivoted digital because he wanted to give some work to the dancers musicians backstage artisans and other staff who would otherwise be unemployed. According to a new study from the seattle advocacy group arts fund. Thousands of area of workers are still jobless and even though as we said. Some venues have reopened. This survey found only about nine percent of local artisans and been rehired many back part time or reduce salaries but kim beyond providing jobs. I think that this pandemic has really forced performing arts groups to reckon with the digital age in a way that they hadn't done before the pandemic kit. And what do you mean by that. Well for at least a decade arts groups have been trying to figure out how they compete with free or low cost online content that arts fund study that i mentioned found that every responding group plan to permanently integrate digital content into their arts program offerings the ceo of arts fund. Michael greer told me that's partly because audiences are really leery about heading into enclosed spaces with lots of people that component that new revenue component is going to be essential to kind of filling the void of individuals. Trepidation do moving back into the theaters or just a general reorganization of how society interacts with itself. Not even just in the arts bottom line marcie will most arts groups survived this pandemic. It's really hard to say for certain. But to quote the head of seattle's office of arts and culture randy angstrom. The sector is on the knife's edge getting people to value in compensate artists and creatives for their time was already a challenge. Then the pandemic it and it was devastating. And i think that that devastation was disproportionately felt by by park organizations and artists because they've been underinvested and undercapitalized for so long and i'll just note here by poc refers to artists who are black indigenous and people of color. What is happening with these communities. Well this summer one worries alicia. Johnston told me that they only have the funds to make it through the calendar year. I did check back with her earlier this week. And she says that right now. They've got about half the budget for twenty twenty. One heart of that came from contributions sparked by black lives matter but she told me those have tapered off and even though she describes herself as one worry self designated worrier about money. She's pretty hopeful that they'll raise the two hundred thousand dollars. They need to keep this community cultural center going. Marcy i know can county. And many private funds have funneled relief. Money to the arts sector. What are arts leader saying about what they need to survive. Many hope congress will enact another significant stimulus measure randy. Angst room would like to see a twenty first century version of the works progress administration. That was the depression era program that funded arts projects across the country. Local artists have already stepped up. And they've been making murals. And creating digital arts lessons plan for the public schools angstrom and many other folks think it's time to fairly compensate them for that work. And how optimistic is he that that might happen. I'm gonna let him answer that. I am hopeful because the creative community of the city gives me that help. I am hopeful because of the incredible resilience. I've seen and we need to meet that resilience with dollars and faith in their work but angstrom says the city cannot finance this on its own. They really need a major influx of federal dollars. At this point. Who knows when that's going to happen. We'll mercy speaking of resilience. I have to acknowledge. Even though i don't want to that this is most likely our last on air conversation about the arts as you retire from k. u. o. w. after a remarkable thirty five years. Marcy i just wanted to say thank you we're gonna miss you and all the attention and the advocacy for the arts. That you've paid Here in this part of the world. I'm just grateful for all the work and thankfully that still lives online. It does indeed. It's been migrate pleasure working with you as the all things considered host. And i'll miss you. And i won't be gone from the world of seattle's arts and culture still always keeping my eagle eye on it.
3 Simple Ways to Make Your Webinars More Engaging
"Welcome to another episode of Marketing School I'm Eric Su, and I'm Neil Patel and today we're GonNa talk about three simple ways to make your webinars more engaging. So we're in two thousand twenty right now and webinars are still a very effective way to get sales. You look at the people out there such as click funnels they see it's still use a ton of webinars. So again, webinars are basically could be like zoom meeting could you can use this offer like live storm or whatever but you're basically teach people get them to indoctrinate them a little bit and then closed them at the end so if you want. To start with number one, number one is asked people questions within your web, an arm and most people the they have these powerpoint presentations are going. They're doing a pitch that eventually selling but ask people questions throughout it because that'll also give you their objections and make sure you answer each of those objections within your wapner. Even if it's at the end in May, because not only will keep people on longer 'cause you're answering their questions, but you'll also get more sales from it too. Yeah. Number Two I. Guess this is the only one for me but I think this is the most important thing from my perspective is. During a Webinar to focus too much on teaching and because all I did was teach I gave them stuff to do. So maybe I did seven ways to do something but I seven. So you're immediately I'm going to go take some action after ideally what you do is you give them a couple of Aha moment. So maybe two or three all moments let me give you an example. So the consulting school program that we have where we teach people how to build an agency or service type of business for that one. Originally again, I had video, it was teaching people five things you should be doing that are different. To grow your consultancy. Now, what it is is I teach them to think strategically right. So what what am I saw moments was, oh, you should think of your agency not as a long term, it's going to be a big business but more. So for most people, you WANNA think of it as a launch pad business. So you take that drive the income for yourself to hundred, two, hundred, thousand dollars a year, and then make a casual business, and then you go invest and other things could you need to build your wealth that way? Right so it's a good launch pad business. So that was one of the Aha moments. And it's different perspectives from other people, and that's what makes it a little unique and people are like, oh. That sounds amazing and what we do is they're trying to close them. We try to drive them to a phone call and our conversion rates literally shot up after it qualified people quite a bit more to get on the phone call. So I would just say instead of trying to teach too much maybe teach a little bit maybe like ten twenty percent but the rest focus on how moments one, two, three, Aha moments that will really blow people's mind and then just tried to drive up to the next action and. Last but not least in a Webinar recommend that you have someone from your team or hire a contractor to help you and man the chat you won't be able to respond to everything. But if you're actually engaging with people and responding to the comments and the questions right when the come in, you're going to be much better off people stick around they engaged and increase your sales as well.
Interview with David Kim
"It is One of my great pleasure is to bring on an API who is running for political office and David. Kim is I believe for district thirty four, which is encompassing. So many of the Asian American enclave here in Los Angeles I want to welcome you to the podcast David. Yes. Thank you so much for having me patent. Excited to be on your podcasts. Yes. So you actually have prevailed the through the primaries and you're you're now running head to head with is it the incumbent correct? Yes. We won second place out of five candidates in the march primary. In California. We have a jungle primary. So the top two ended its regardless of Party advanced. To the November third general election and so we're running up against the. So I gotta ask You David What what is going through your mind to actually throw your hat in the ring to go from just local involvement and representation and being an attorney and trying to get to Washington DC and and the House of Representatives the that's a great question. Or the past decade I've worked as an attorney helping people from all different walks of life. Those that are. Those that are struggling those that have the two three jobs daily grinded hustle whether they be somebody that was a labor employment whether they be client that's working creative or whether the. Client, and so Michael Career has been drawn towards helping those those that are under representatives seek justice, seek relief, exit, they need and so that's something that I've done on an individual level always fighting for the voiceless in the under representative, but there's only so much that I can do bandwidth wise because working with people individually and so for me, it means the plant where I just thought. You know what? Like the past ten years? It's made me realize this one. Thing that life isn't supposed to be this frequent tough for anybody that no person should ever have work three jobs and still try to make ends meet. So for me this this where I was already helping people individually this desperation urgency expanded where you know what now it's time to help people on a macro scale and one of the ways to do that is to run for office because once you're elected, you get to be the one that's co-governing with people that's pushing for certain legislation. and. That's change changing and clearly what's Erin right now is that our government and elected officials aren't super the change that. So that's why I decided. And in scanning through your your biography. David, this is very personal for you. You've lived through all of these challenges yourself is. Can you talk about that? Yeah for sure. Can I graduated in a loss once thousand ten at a time where the legal market was really bad. We had the biggest law firms closing down and he's odds. Were the worst scarcity and I remember. Even in my Willia- twenty interviews, and then they said it'd be zero and so. From the start we graduated from law school with mounds of debt and honor own spending ourselves, and so I, started working at the DA's office in the public revisit as as far served by clerk and with the supposed to turn inside, you a permanent higher but the county went on a hiring freeze and so that began my whole journey of the two three of and Hustle. Where I would be working seventy eighty hours a week as labor and Employment Attorney. But you paid two thousand dollars a month on its ninety nine from my boss is my boss also trying to save money honors but then I still need resin. I. Still Need Experience on my look legal resum once you have a whole on there then and you're not marketable they think that there's something wrong with you that there's a you're applying. For your next job, and so I had to work release jobs, full-time attorney jobs, and then drive lifted regret night. Then be an extra said then tutor on the side or or served during different seasons of my life and so or although I was although I was doing the best I could helping other people with their legal needs I. Myself was also trying to convince the and so armee the struggle became all too real I mean. Ordinarily, and me being myself one of the very few fortunate and made me think only crap like if I'm one is supposed to be one of the few that are fortunate and I have over two hundred thousand dollars, law school loans, Helen. The world's are other people doing right now, and so if you look at the people in our district and we have per capita income's people where it's the per capita income are less than the average rent were one apartment and you wonder how in the world people live this way and they live that way because two families live in one bedroom apartments. Yeah this is this is all pre cove in nineteen. And this is all pre covid nineteen. Now, we have already plus more million people without jobs without healthcare and so for me just although I was able to successfully kind of fine my footing I established the Hollywood Lord Dot Com. And then later sold that before during another stint in the movie ends immigration. But me it's just a matter of like now I've come to the point where I really just a off my law school loans for the next several years just all it even and you might art and that's it but. That's life is about and his life is about helping each other connecting with each other doing things together
Rose McGowan Claims Alyssa Milano Made the Charmed Set Toxic AF
"There's is daily top. We have so many feuds to talk about today starting with rose McGowan claim that a listen the Llano. made the charm set toxic A. Okay this whole thing started as a political view, but then it got very personal rose accused of throwing fits in front of the crew on the set of charmed rose even says she cried every ten shows renewed because a listen made the set. So toxic in a statement to news listen. Milano said hurt people hurt people commenting any further doesn't align with my wellness plan we have not yet heard back from rose or or Warner, brothers, which produced charm. So a lot to unpack here. Again, it started off very political was a Democrat argument but then rose went there why he thinks she went there to bring charm to behavior. Look, hold. One hundred percent and if we're fighting and I'm holding a grudge against somebody I'm pulling out every receipt I don't care it. One Thousand Nine, hundred, ninety, nine, hundred. This is an audit. We're going to have this fight whether you like it or not. I guess that's true and also she's trying to discredit a list right? That's her way of saying like you shouldn't. You can listen to. Elissa because she's not as relatable as you think because listen to this she may two hundred thousand dollars a week on charm and was still throwing right she didn't get paid enough. It's like a way to discredit. I don't know. That is also. To your argument, sometimes, people will buy into that and be like absolutely. You know what? She's right rose you. If she's FELICIA's really as bad as you say that I'm listed work she says, but then other people can see right through that to say like obviously you have a grudge obviously, you don't like her you've made that very clear. You said it in an interview you do not like or. Do we really trust your opinion because it's obviously very biased. I just feel like this has become somewhat sticky with rose like we can just expect her to just go off and sort of sale of these things and quite frankly does anybody really care twenty years later if the listen. Milano through set like threw a fit onset of charms like I just don't think that's relevant to the conversation like none of us were there. None of us really really cared that much about how she behaved obviously, you want to be respectful to the crew and people that work really hard. To put on a production as we all know but we've all had bad days on this show I just feel like if in fifteen years, one of us were to be like well, she was impossible to deal with. It's like, okay. Then you should have said something then I feel like it's just so kind of in line with WHO rose is trying to be now and I'm not saying that she likes her and I'm not saying that she feels like she's credible or that she believes in anything she says. Every time someone says something that has nothing to do with you. That doesn't mean you need to go and jump in on it. And I, I hate to say this because I'm not away from everybody's experiences and I always say this you gotTa pick struggle and you've got to stick with that struggle and pick up a fight and fight as hard as you can. If you're fighting in the me too movement because it happened to you I totally get it. You're also writing because somebody was in a toxic work environment made something toxic fighting another break, and then what's next if something else comes up and you're fighting about that as well take you just take it away and makes it seem like you're only saying those things because. Of the week, right right and it's also like she made two, hundred, fifty, thousand dollars a week like made that much money. It was a hit show like I don't I also don't see how that's relevant. You know what I mean like you don't need to also bring up how much somebody made I. Don't think that that's her pleasure bill, but I will say. It rose McGowan felt leg she made. made the workplace toxic that are that's her feelings. That's her way of engaging and listened with tolerance to her. She don't have to do it over the air. She can do on the phone and just throw rose a my dad if I if you thought that way and I did that to you but I, don't think. Anymore. I don't think. I'm. Giving that apology I'm sorry I. Think we know a lot of different people not everybody has a good day I. Think People think just because you're on television or you're part of ensemble cast like your life is so easy. It's a lot of hard work that goes into this. So maybe she maybe she had a bad week or month or whatever. But there's a lot of people that we've experienced that can be toxic or disruptive or difficult to deal with. But that's just sort of this part of this dysfunctional family you keep that within yourself. You don't need to go and spread around and the and the truth is like the whole point rose trying to make was was again a political argument and so politics you know just keep arguing your facts and I think that's a fair argument to have. We argue politics stop in this country. So if you want to argue that with Eliza and you guys want to go back and forth about what who vote for do that. But I say again as you guys said, keep the history out of it because honestly just makes your arguments. Lesson weaker. We aren't just there's no right word. Thank point.
AP FACT CHECK: Trump payroll tax cut is Social Security risk
"This plan doesn't provide stimulus checks, but it will make an attempt to defer payroll tax payments from September to December for people earning less than two hundred, thousand dollars per year. It's unclear if companies will comply with this though since they'd have to withhold huge amounts from their employees paychecks all at once when taxes are do it's also unclear how Medicare and social security will be funded without the payroll taxes especially if this policy
"Hello. My name is Jesse can MRS podcast number four, hundred, thirty, nine for wine abner we teach for rules to help us stop even picked paycheck get out of debt and save more money today I, WanNa talk about covert conquerors. So twenty twenty. What do you say? I just wanted to share a cup we get. We. Get people right in and this is a this is a brag. We get people that write in and tell us how wine Abbas changed their life. They actually will say it's a life changer. and. In light of all of the garbage that we've experienced with covid nineteen, I wanted to share just two stories that users written and shared. So. Here's one now I'm sharing this. Fully aware that everyone's situation is unique. I'm Sharon this also. So that, you can see how powerful the four rules are. I want you to see that if you work these rules, your situation will always be better than if you did not work the rules. So we're all in different spots. Infinitely, different spots. And we all. been the cards are dealt the way they're dealt and you. You can't change that. All I'm saying here is if you work the rules. You will make. A. It will be better for you than if you did not. Budgeting makes things better. It's not the end all be all solution to all things. But if you say all else equal this person budgeted, this person did not budget the person that's budgeting. is going to come out better. So I say that because I don't want someone listening saying well, Gosh. I. Wish this. I, wish that listen follow the four rules. Whether you make ten thousand dollars a year or two hundred, thousand dollars a year follow the four rules. Both those people with wildly different resources will be better off if they're budgeting. So here's a quote. Thanks to COVID. Nineteen Sarcastically I should add thanks to over nineteen. My husband took a thirty three percent pay-cut. We didn't know how we're going to survive. Let alone make it if he lost his job altogether. I've always been in charge of the budget. He's never cared much. We discussed we would really need to stick to the budget air quotes from then on his request was I find a budgeting software that told him when he couldn't spend money? It took me thirty minutes to find why not watch videos that explained it and decide that. Why was the way to go I showed him we set it up and eight weeks down the track not only do we have money lasting in the account for the first time ever? We have a small savings account and haven't really even noticed the huge remember that was thirty three percent pay-cut. We cannot think why enough for sorting us out now obviously, this woman and her husband, they did all the work. But I love reading it. Essentially took a huge pay cut didn't know what they could do. She'd always been running the money. He said, well, find something that will help me to not spend when we can't spend their work in the four rules. With. Thirty three percent pay-cut, they're making progress that they didn't make before when they were making that additional money. So. In spite of covert and the thirty three percent pay-cut, they're making progress. It actually spurred them. Think of the things they're learning that. The things they've learned because they were spurred to take action be proactive find the intention, put the money behind the intention and go. That is that is so powerful. Here you have someone's like, how can you possibly be better off after having had your income blocked off by thirty three percent now I don't know what she earns maybe Sheeran's ninety percent of the money, and so I'm just kidding she wouldn't have written if that were the case but. Maybe Sharon's nothing and it was a true thirty percent. I don't know but she didn't share those details what I'm saying is this. You go from Manda. Situation is horrible you in sort of budget into that situation and now the situation is better. Than before better, you know pre covid everything's pre covet everyone about pre vid always our pretty covered. It was this you know. It's insane. So, here we go. Wind up allowed my now spouse and combine our finances when we started living together instead of joint budget for the common areas. Cool are big was to de before getting engaged and having joined budget. How does accountable to each other? Then when we got engaged and married at set the foundation for us to make financial decisions together awesome the decision making together as the key this is Jessie are talking back to the quote we always consoled enlarge purchases stick to our spending money. It confuses people around us, but we're financially set for emergencies like now with covid where I lost my job and we're suddenly on a single income instead of two. We dropped all the discretionary spending still even a little bit of money to have fun with our son like a weekend ice cream and make decisions on what to cut and how much to say with my husband's salary. It's a tool that allows us have a guided visual conversation on our budget, and we both always know where each line item stands. They went from two income to one. And they're still making it in spite of I mean that's that's a crazy lop off of income and they're still they've still been able to make progress.
"Hello. My name is Jesse can MRS podcast number four, hundred, thirty, nine for wine abner we teach for rules to help us stop even picked paycheck get out of debt and save more money today I, WanNa talk about covert conquerors. So twenty twenty. What do you say? I just wanted to share a cup we get. We. Get people right in and this is a this is a brag. We get people that write in and tell us how wine Abbas changed their life. They actually will say it's a life changer. and. In light of all of the garbage that we've experienced with covid nineteen, I wanted to share just two stories that users written and shared. So. Here's one now I'm sharing this. Fully aware that everyone's situation is unique. I'm Sharon this also. So that, you can see how powerful the four rules are. I want you to see that if you work these rules, your situation will always be better than if you did not work the rules. So we're all in different spots. Infinitely, different spots. And we all. been the cards are dealt the way they're dealt and you. You can't change that. All I'm saying here is if you work the rules. You will make. A. It will be better for you than if you did not. Budgeting makes things better. It's not the end all be all solution to all things. But if you say all else equal this person budgeted, this person did not budget the person that's budgeting. is going to come out better. So I say that because I don't want someone listening saying well, Gosh. I. Wish this. I, wish that listen follow the four rules. Whether you make ten thousand dollars a year or two hundred, thousand dollars a year follow the four rules. Both those people with wildly different resources will be better off if they're budgeting. So here's a quote. Thanks to COVID. Nineteen Sarcastically I should add thanks to over nineteen. My husband took a thirty three percent pay-cut. We didn't know how we're going to survive. Let alone make it if he lost his job altogether. I've always been in charge of the budget. He's never cared much. We discussed we would really need to stick to the budget air quotes from then on his request was I find a budgeting software that told him when he couldn't spend money? It took me thirty minutes to find why not watch videos that explained it and decide that. Why was the way to go I showed him we set it up and eight weeks down the track not only do we have money lasting in the account for the first time ever? We have a small savings account and haven't really even noticed the huge remember that was thirty three percent pay-cut. We cannot think why enough for sorting us out now obviously, this woman and her husband, they did all the work. But I love reading it. Essentially took a huge pay cut didn't know what they could do. She'd always been running the money. He said, well, find something that will help me to not spend when we can't spend their work in the four rules. With. Thirty three percent pay-cut, they're making progress that they didn't make before when they were making that additional money. So. In spite of covert and the thirty three percent pay-cut, they're making progress. It actually spurred them. Think of the things they're learning that. The things they've learned because they were spurred to take action be proactive find the intention, put the money behind the intention and go. That is that is so powerful. Here you have someone's like, how can you possibly be better off after having had your income blocked off by thirty three percent now I don't know what she earns maybe Sheeran's ninety percent of the money, and so I'm just kidding she wouldn't have written if that were the case but. Maybe Sharon's nothing and it was a true thirty percent. I don't know but she didn't share those details what I'm saying is this. You go from Manda. Situation is horrible you in sort of budget into that situation and now the situation is better. Than before better, you know pre covid everything's pre covet everyone about pre vid always our pretty covered. It was this you know. It's insane. So, here we go. Wind up allowed my now spouse and combine our finances when we started living together instead of joint budget for the common areas. Cool are big was to de before getting engaged and having joined budget. How does accountable to each other? Then when we got engaged and married at set the foundation for us to make financial decisions together awesome the decision making together as the key this is Jessie are talking back to the quote we always consoled enlarge purchases stick to our spending money. It confuses people around us, but we're financially set for emergencies like now with covid where I lost my job and we're suddenly on a single income instead of two. We dropped all the discretionary spending still even a little bit of money to have fun with our son like a weekend ice cream and make decisions on what to cut and how much to say with my husband's salary. It's a tool that allows us have a guided visual conversation on our budget, and we both always know where each line item stands.
"two hundred thousand dollars" Discussed on WIBC 93.1FM
"Sign shinning raised two hundred thousand dollars now the and dancing sign is over there my master have instead of what kind of woman that's kind of dancing and swaying her hips they raised two hundred thousand dollars from around twelve hundred individual donors in thirty two states are you okay with this yes because it's not my tax money it's private people privately donating but hammer I don't know I mean dancing is nice but a lot of people two hundred thousand dollars every late November we do the radio fun with the salvation army here at ninety three W. IDC and were pouring our heart and soul into this to raise around two hundred thousand dollars to feed and shelter people in Indianapolis this is an electronic check moving her hips and they were able to raise two hundred grand in thirty two states I'm with you I'm glad we didn't get taxed for this but it just it's interesting to me what people are willing to spend their money on like that money could be used for so much good here in the city why does it cost so much why don't I have no idea but they say that this money is going to make sure they got new technology to keep her dancing for a much longer time thank god thank are you okay with this Hooters is opening a family friendly restaurant called oops there's actually a couple of these exist already they're opening more it's going to feature male and female waiters who will not be weak wearing revealing clothes well as we used to say elected office I yield my time to the great man from beech Grove all right in my okay with hoots Hooters but featuring dudes and people not dressed in skimpy clothes producer Carl take a dump give me the music.
"two hundred thousand dollars" Discussed on WGN Radio
"The world is ending as a, every time a Scots Scots Scots characters and the trip cartoons. I see the world is ending and interest rates have come down to levels. We haven't seen in over twelve months rates are in the high threes again, low fours. So you might as well as, as everything is falling apart. Take advantage of these lower rates of, you know, we have dysfunction as everybody knows in Washington on both sides of the aisle, people can't get along and it's impacting the interest rates. The bond market has has been sliding downward, which is a good news for interest rates and interest rates are at, at, at the twelve month lows. So where we financing a ton of people. This is true of, of houses for personal property. I, I saw business for sale in my neighborhood, the building, they're selling it for two hundred thousand dollars. Somebody that like. In your mind. You go with that challenges. You it's great that you could buy building for two hundred thousand dollars. But you're gonna have fifteen to twenty thousand dollars in real estate, Texas. And that's what's driving. People out in the people down Springfield. And again, I'm not slamming the people in Springfield, or, or find county elected officials that Leo continue to raise taxes on us because it's easy to raise taxes instead of like, okay, listen you want to come to me, and raise my taxes. That's cool. Tell me something where you're consolidating government, or cutting government to make more formidable for a homeowner or anybody that resides Cook County to live in Cook County or in the state of what, you know, areas like homeowners are rich and homeowners. Are this. If you want to home, you, you're rich, but what people don't realize is sixty percent of the population own homes, which means thirty percent of the population are renting homes, right? And the people that are renting homes are renting the home from somebody that owns that home. That they're renting. Right. So if you keep drilling the people that own the home that the thirty some percent renting than the people that are renting are going to pay more in a monthly basis at it's simple math. And the thing is that people who are renting, I'll never be able to own either because they're paying higher higher around there constantly. It's like running a marathon on a treadmill, and you can't get caught up and one of the greatest. One of the greatest things I started doing after advertising for fifteen years in the radio is I started doing this year. Accumulation of what we've saved people. I've changed my head copy every single month. I just I just recorded the the new way ad today. The that'll start playing tomorrow..
"two hundred thousand dollars" Discussed on KQED Radio
"Never to give it back behind the Jake Britain was in fact, truly touched I could feel my call was held as the modern master of the diplomatic gesture. And this was not his first act after primitive gifting. A few weeks the French president had offered the Chinese leader visited an eight year old gambling beauty and the symbol of French. Accident was president my coin spied by Chinese tradition of panda diplomacy when Beijing bestows the black and white animal opponent, special friends, most probably the gift of art. And the art of the gift has long been at the heart of diplomacy. And when it's meaningful it Can Tho the most frosty relations strengthened amicable ones. The gifts often Santa message, usually of peace and friendship, but not always a meaning can sometimes be completely the. Here hours outright bribes in April. China's president Xi Jinping decided to give Levin bottles of liquor muti to North Korean leader, Kim Jong UN made off the mentored sorghum, Bonnie, the bottles are believed to be so rare that the who set was worth more than a million young around two hundred thousand dollars apart from the rarity many observers wounded, whether there was a secret message in those bottles. Nobody could agree on its meaning and the mystery of the gold bottles of mandated saga continues..
"two hundred thousand dollars" Discussed on WMAL 630AM
"You're talking about that third tool. Of the triple crown solution. And here's an illustration just based on what you were talking about with the ten ten plan. This is putting in two hundred thousand dollars that this individual was age fifty eight and they said that they wanted to kind of let that grow for the next ten years. And so by the time this person is now sixty eight years old they're able to take out over twenty thousand dollars. That's about twenty thousand three hundred dollars that first year, and it does grow as they as the increases in the stock market are gonna add to this account. It's gonna grow from year to year. So then I look three years later. It's eleven thousand one hundred I'm sorry. I'm sorry. Twenty two thousand sorry. Looking at the wrong column here the twenty two thousand and then grows to twenty four thousand six thousand and so forth. So this is kind of a neat thing to know that when I'm putting in this two hundred thousand dollars at eight fifty eight I know that I'm going to have income for the rest of my life of at least twenty thousand dollars to start with. And then it's going to go ahead and grow right from there from this lifetime income, it's what we call in India meant that you're married that it can be a joint income. So that even if you predeceased your spouse, your spouse continues to get paid on an increasing income benefit one of the great things about the ten ten IRA Lorette. Is this increasing income, you know, so many times when we think of accounts. You say that dreaded word annuity or whatever. What's wrong with the nudity as well? Annuities kind of stipend you into a amount that you're gonna receive per year. And then it never grows. So let's say that you're retired for twenty years or twenty five years or thirty years, and you're getting twenty thousand dollars a year while you have no opportunity for that twenty thousand to increase to offset inflation, or maybe some of the other things that you want to take her that are happening around the world around us. So with the ten ten IRA. We do have increasing income on a depreciation asset joint income. It also has a provision in there that if you are become disabled where you go into a retirement home or on assisted living or nursing home for a period of six months or longer that that income whatever income you're receiving at that time is going to double for the time that you're in there up to five years. So that's another benefit that comes along kind of along for the ride if he will. On the ten ten IRA. So if you have an IRA 4._0._1._K.
"two hundred thousand dollars" Discussed on 850 WFTL
"One eight eight six four five seven seven five six one eight eight six four five seven seven have classes during the week and the weekend you can also text to register you can text the letters OT a to the number four one four one one right now once again, text the letters. OTA to the number four one four one one. It's all flirting Miami Broward port Saint Lucie Jupiter Fort Lauderdale, Miami Dade KENDALL. That shows you how to make money markets down markets and sideways markets in this half day class. Give us a call and get your seat reserved. We have a few more seats remaining five six one eight six four five seven seven five six one eight eight six four five seven seven. So it's kind of a little talk about more about the markets. And you know, what type of rate of return? Do you need on your accounts the retire? And do all the things that you want to do in retirement. I mean, how many of you wish you could retire yesterday? And the thing is, you know, a lot of you listening probably have retirement accounts. And if you could just understand how do you get your retirement accounts to pay like a business on a consistent basis? Whether it's weekly income monthly income from your accounts. A lot of you would be able to be able to retire be retired already. Now think about this. Let's say you have two hundred thousand dollars in the markets. And let's say you could generate two percent of month on line two hundred thousand dollars. So you have a two hundred thousand dollar account, and you could generate two percent Amman that's four thousand dollars a month in income. That's forty eight thousand dollars a year and income at two percents on a two hundred thousand dollar account. Now is that possible? Can you do that? Absolutely. And at the academy what we do is we teach students how to build a balanced or hedged portfolio that really allows you to generate. Now, are we have monthly goals for retirement accounts listeners, we don't just wait to the end of the year, open, our statements and pray. We did. Well, we have monthly goals. Monthly targets are target for our retirement accounts as one to three percent a month or twelve to thirty six percent a year. All right. And how can we do that in our retirement accounts? Well, we could use options we could use exchange traded funds and really build income strategies for retirement accounts. All right. You know listeners if you have more money going out than coming in in your retirement accounts pass for ten years and see where you're at. You're going to be broke and be going back to work. Probably. All right. You should be able to grow these accounts on a consistent basis and really just be able to live off the income generated from your retirement account. And once again, this starts with having a financial education, and your wealth manager, your broker adviser doesn't want you to have a financial education. Why he wants you to give all his money to himself because he wants to sell you a mutual funds. You wants to sell you a nudity. He wants to sell you a real estate investment trust read. So he generate huge commissions off if you and your listeners, I if you had any idea how much fees. You are actually paying in the markets you'd probably fire broker immediately. And most people have no idea how much they're paying and how much these fees are costing them over the years with compounding. It's really disgusting. And what I do with students when I have coaching sessions suits have retirement accounts. They'll come in with a list of the mutual funds or whatever they're in. And we'll kind of look at them or analyze of look and see how they did in two thousand eight when the mortgage crash, we'll compare them to you know, what the market did last year. And so you could really see if the investment, you're in are really working for you. Now when you talk about trading for income, you know, what type of raider returned. Do you need, you know, most people don't even look at inflation. You could say inflation's three percent a year, and that's a conservative number people on Wall Street will tell you it's way higher than that. But let's say you need at least three percent a year return of inflation just to break, even so then you talk about taxes commissions and fees. These let's see you need another three percent a year just to break, even after taxes commissions and fees and inflation, so real realistically, you need at least a six percent rate of return every single year in the markets just to break even these days. And that's why listeners if you're not on track to retire your accounts, aren't where you think you should be by. Now, you're either an underperforming investments you're paying too much in fees. And if you're concerned about.
"two hundred thousand dollars" Discussed on Order of Man: Protect | Provide | Preside
"Two hundred thousand dollars of that is from black rifle coffee. I've just been fortunate enough to be in this position where I can do that. I can say, I think this is really important. Let's fund these initiatives, and I think that money will go much further to 'cause I truly believe in which is decreasing, veteran unemployment in we have to increase the happiness level of veterans. They have to be more fulfilled. They have to have a mission. They have. To be more filled. They have to be professionally build. I think we're going to do that through starting more businesses never time the US history had veterans started more businesses than post World War Two veterans have a much higher rate of success, meaning businesses that don't collapse. I think that we're on the precipice of seeing big explosion of veteran entrepreneurs and businessmen in. I wanna be as helpful impactful as I can when it comes to that a man, I, I gotta tell you, I appreciate the work that you've been doing. I've been following you guys for long enough that even outside of this initiative with the credit union is I've seen what you guys are doing for the veteran community, and I gotta tell you it's really inspiring in a pretty powerful to see as well. Let me ask you a couple of questions, man, as we wind down the first one I prepared you for a little bit is what does it mean to be a man? Well, I think you I have to have male genitalia. I think that would probably that's the, that's the first qualifier. Absolutely. Might father taught me this along time ago, which is your word is your bond being a man is is about saying that what is on your mind, being truthful, and then following your words with action. When you tell somebody you're gonna do something, it's it's gonna get done, and it's going to be on time on target in it's going to be above standard. A man has to live by in ethical code in that can come from the bible. It can come from your family values. It can come from philosophy, but ultimately you, you really do have to live by an ethical code. You have to propagate that at least tell people what that is and you have to speak your mind. You have to be as candidates possible in you have to follow your mind with action because ideas are plenty in there quite literally useless without action. So for me, my. Word is my bond. When I talk to people, I try to do exactly what I tell them on the try to be as truthful. Transparent is I can regardless of the outcome. And then I follow my words with action because words are irrelevant. You put some substance to them for me being a man, I am what I feel is the the provider and the protector my family to probably my most important charter is a man is to be the guy that ultimately provides for my family, but not just provide as the basics, but provides them the the structure to thrive when we say want good children at went great children that can move past me in survive in succeed in a very complex society. So I've got two little girls at home. One of the most important things that I do as a man is being a father. You know, responsibilities, I think is being. Responsible being truthful, or having candor, being radically transparent. Being a man of love is incredibly important without passion without emotion. I think you're just a robot. So those are the things that I think that are important and being a man, man, I love it. I agree with all of that stuff. And I know a lot of guys do too. So how do we connect with you? Obviously, we've got the you had mentioned in a minute ago. The launch code podcast will link that up world. Should we go to connect with you learn more about what you're doing and pick up some products, Evan Hafer. So the NHA EFI are an on Instagram. My company is black rifle coffee on Instagram, black rifle coffee dot com. We've got.
"two hundred thousand dollars" Discussed on WCBM 680 AM
"Tell you this opens up houses to you that you didn't think you could buy you know maybe a houses owned by the, Bank they foreclosed on it four or five years ago. It's been sitting there empty. It needs some work nobody's lived in the house for four or five years maybe the kitchen needs to be replaced maybe the carpeting is an absolute mess maybe the, house had pets in, it, and it smells to high heaven whatever it is the Bank is willing to lower the price the, bank's not even in your state the Bank is. In six states over they just have the paper on this house they know it's in but they had an appraiser go out. There, and they know it's not in. The greatest shape they're willing to. Lower the sales price but that. Doesn't help you if you don't. Have, the cash to buy it you, know when, you're, buying, a, house. Under FHA the Federal Housing administration you only need three and a, half percent down payment three and a half percent is a very small amount on one, hundred thousand dollar house three and a half percent is. Only thirty five hundred dollars on a two hundred thousand dollars House three and a half. Percent in seven grand so if you're buying a house the Bank is lowered the house. Down at two hundred thousand because they know it has a smelly carpet and a kitchen that's What They're. Willing, oh Oh okay we got a little bit of a, weather problem here and I thought we. Lost. The microphone okay we're still. On the air I thought I was ready to go. Under the. Desk But this opens up a lot more houses for you that you can look, at that you didn't think you could because even if they lower the sales price that doesn't help you have the money to, put the new kitchen in or get. Rid of, the, smelly carpet but you can use the, renovation loan the same, way that the Eugene when you were when I was, talking about refinancing okay you can just give me. A contract you say Bill. I bought this house from the, Bank two hundred. Thousand dollars but it needs a. New roof and a new kitchen and it needs a smelly carpet to be removed so I. Need ten twenty I need about thirty thousand dollars not a problem just give me a contractor bid you buy the house just, under FHA financing with only three and a, half percent down payment so that's all, the money you need. Because you can negotiate the, seller to pay your closing costs. And prepaids. Even the Bank if you give them enough for the house if you give them two hundred. Thousand. They're asking two hundred maybe. They take one ninety but instead give them two hundred And ask them to pay the ten thousand dollars of your. Closing costs and prepaids so now all you need is is the down payment and now you're gonna use the renovation loan so, you give me the contractor bids you buy, the house just like any other FHA, loan but I'm going. To put this extra thirty, thousand dollars in the escrow account You. Buy the house and. Now it's yours just the way it, sets I don't care, what's wrong, with it you just buy it the, way it is and then you have six, months to to. Use the money in the escrow account to pay your contractor as he does the. Work and we inspected and we pay him and draws from the escrow account you. Can do anything maybe the house is, a great house but the Joyce's broken you know if you step on the second floor you're gonna fall right into the first. Floor the Joyce's broken nobody's going, to give you a loan on a house that the Joyce is. Broken I will under the renovation loan. As long as you give me a contractor bid I'll. I've gone well over my time I guess because of the lightning.
"two hundred thousand dollars" Discussed on WTMJ 620
"Then they see these student loans which add up to over two hundred thousand dollars they say they have no interest initiate your mortgage because you're what is ratios are out of line right right what do i do because he's deferred on those loans until twenty twenty four so i'm not paying on them right now professional degree is he getting he's getting a bachelor's in digital culture which is everything digital and then he has to match and you said it's two hundred thousand student loans already yes he went to a very expensive out of state school yeah yeah so what do i do to refinance the mortgage well you're not gonna like anything i have to say so i'll just say it okay okay when you've got those kind of student loan obligations i mean you're completely on the hook for those they're looked at as part of your obligations the fact that they're right now deferred doesn't change the fact that they are your obligation and so lenders are terrified with that obligation you have setting there the you're going to reach a point that you're not able to stay current on your mortgage so you are not going to be able with a traditional lender to get a refi done you will have to go to a private lender an investor mortgage which may not you said you're in alone already this would just be a refi yes what is your current mortgage interest rate with the loan you've got it's about five point one okay so you're stuck with that five point one which is not.
"two hundred thousand dollars" Discussed on BizTalk Radio
"Payments for fifteen years call it two percent is about two hundred and fifty thousand dollars so two hundred and fifty thousand dollars ten years from now means i'll need to have liquidity of about two hundred grand today two hundred thousand dollars today well by me fifteen years worth of income tomorrow and so that's what i do i take two hundred thousand dollars out of my stock portfolio and i sanitize it in a fairly safe place where would i put it well one would normally argue that you would put it in bonds i would argue that based on the most recent data from ibbotson associates ibbotson was purchased or merged as you say with morningstar not too long ago so these are the fine research firms that we use all the time in this industry and roger edson does this study that says index annuities beat bonds so i'm going to replace bonds in my portfolio with index type annuities or at least part of the bonds in my portfolio clearly the supersafe bonds that will be impacted by rising interest rates i would replace all or part of the bonds in the portfolio and the index annuity could become a guaranteed minimum withdrawal benefit annuity ten years from now in fact in many instances a two hundred thousand dollar purchase mike garner me four hundred thousand dollars for income purposes ten years later with a four or five percent depending on my age guaranteed withdrawal benefits say it's four and a half percent two hundred thousand turns into four hundred thousand from an income benefit four hundred thousand times a five percent withdrawal gives me twenty thousand bucks per year guaranteed for life if i choose to take that benefit so that's the secret sauce cover seventy five percent or whatever the essential expenses are with your social security guaranteed payments and so forth now as i get out there ten years ten years from retirement now in this example as i get closer i then begin to make some determinations as to whether or not at age sixty six or sixty seven i actually do take my social security because as i've also mentioned if there's longevity in your family history and there's two of you a husband and a wife the best annuity you might buy would be to buy time and pull money out of your portfolio and postpone taking social security these are all decisions that can be made later on and this is why it's good to have a financial planning team in place so that addresses the whole discussion of the secret sauce it's not all that secret because i've been talking about it for years now to john reconciler reckon taylor from morningstar the great bull market that everybody missed and this is so so true i know in retrospect most of us we jumped on that bandwagon but we probably missed the first several months if not several years of the bear market i know many of the pundits did the harry dent of the world economists have been predicting doom and gloom well sooner or later the doom and gloom will come to fruition but here's what john had to say this may not be the best stock market in modern history the nineteen fifties in one thousand nine hundred ninety s are formidable rivals but by any standards tripling ones money in real terms and less than a a decade rates as a great success that's what we've done.
"two hundred thousand dollars" Discussed on WDRC
"Louis i candace how are you dave ramsey how are you better than i deserve what's up i am in two hundred thousand dollars in debt student loans all over new i have even finish college and right now i am working the minimum job i mean minimum wage job and i'm just trying to get a hold of my life right now so i'm just trying to get some guidance at this point what were you doing well i was going school for film and video and at first for interior design then i transferred to a different school for film and video so oh that's pretty much the schools that i that i want to state not bother you that you were running up that much dad i mean how did you that how do you a motion i went to school right out of high school and my parents they didn't know much about you know financing or at least they didn't teach me anything about it they just told me that i'll have the student loans in that has the tag back and i really wasn't conscious of student loans in that how much do you like before you graduate i have by only like a year less and i want to go back to school to get my degree but right now i just want to at least try to take the big chunk out of the student loans lease a little bit of it well you don't you know you're not gonna do that mega minimum wage obviously you're barely barely eating making it how old are you.
"two hundred thousand dollars" Discussed on FunnelHacker Radio
"Two hundred thousand dollars for this house in the agents going to one thousand dollars you kidding me it's only worth a hundred he goes yeah i know it's they're asking a hundred the realities i wanna make sure i get this house i don't want to anyone else take steel this house out from underneath me i don't wanna get into bidding war anything else i just wanna take this house off the market and so i'm going to offer a ridiculous of bub what others would be paying for because i know basically an addict is this rembrandt that no one else knows about and everyone all departments going oh okay now i got it now that makes sense dave i totally screwed this one up so the idea behind this continue the story was i was talking with michael parrella who has a company called i love kickboxing mazen mazing company and he was talking about orange fitness the company sold for one point two billion dollars it's a crazy crazy multiple and the irony behind it was it was like twenty or thirty times there which was in in that industry it's typical where you're going to be about twelve to sixteen x multiple and so it was just as crazy crazy astronomical number and everyone's like why in the world buyer pay so much for just a fitness company and the reason was because what the buyer understood was that orange fitness had technology based upon hurry monitors everything else that was cutting edge it was above everything else and the rembrandt in the attic crawl for the buyer in bind orange fitness was the heart rate monitors so by only two things i want to make sure i kind of point out or get through this whole thing the first of all is context context context i'm really really pack this is one of my things i'm working on if you follow me on facebook live i'm trying to get better at telling stories it's it's not one of my strengths really trying to get better and better at telling stories and a lot of that just is giving the context spending more time on the back story i know i get super excited about different things and i kind of forget to give people context or the backstory russell is absolutely amazing at it you'll find any real great writers will spend little.
"two hundred thousand dollars" Discussed on BizTalk Radio
"Percent two hundred thousand dollars in these types of investments to add a further diversification of the overall portfolio now one of the other things that we typically find from alternative investments are depending upon what they are whether they're hedge funds long short funds and things of that nature that change the characteristic of how they're the movement happens is they tend to drive income they tend to drive yield so you can buy them in different ways there's some development funds that whether it be you know new companies or new real estate projects that are more growthoriented some are more casual and so you can use that cash to help supplement number one so that for you can put less money so there's lots of ways to use these either as a diverse i vacation tool for somebody who's building a portfolio or for an income generator potentially for somebody who's retired and there are sometimes there are assets that are not traded on a daily basis that may require a five six year old but because of that you get a better cash flow everything has a give and take your if you want total safety and total liquidity you're giving up return if you want potential good higher than expected rates of return you're going to have to take some risk at least in the short run if you want higher cash flows you're going to have to give up some liquidity so there's different things that are going on and you can achieve different things but you don't get so enamored by anything that you put your money into one thing you don't do it with lifetime income you don't do stocks you don't do it with cash you diversify yourself to give you exposure to a lot of different types of returns and different types of risks so that you don't have everything moving at the same time yeah i can't think of a single thing where anybody would recommend yeah in this particular instance if you really wanted to you could put a hundred percent of your money into it i mean you could say cash i suppose i just saw your house we'd have one hundred thousand a cash i'm going to buy another one a year from now the only money i have that's cash yeah okay that's that's your short term that's your short term your needs anything short term i gotta pay my bills.
"two hundred thousand dollars" Discussed on The WIRED Podcast
"So in european theater in new york and right now if you're in that film can make more than two hundred thousand dollars a year while the rate of the phd that subtle not compared to the as the alternative which is the academic salary mccain so it's it is it is that's that's the problem you know there's a used discrepancy right now and you need to bridge that gap this is what franklin the report we suggest who have fellowships who actually wellfounded to bring these experts in you know because you need to keep experts in academia to train to train the next generation so there's an initial right now at which is you cannot just drain everybody from academia who is going to train the next generation so even for uh for industry it's important that it doesn't go down that path but the charges everybody also look at hiring the best right so it doesn't instantly naturally happened because i'm steven on a un with xuebin gumani professor of fan abuse such cambridge and then he went off touba i mean yeah this is this is a surreal things nano i wonder if the fellowships model cosponsored by companies may could that goes potential conflict of interest problems if if accompanies wants to do one thing and then either the research take someone in different direction were universities are used to managing exact in that problem on the quite a lot of research his is funded by industry one way or another and and so there were the re establish sets of praxis codes of conduct him place to preserve academic integrity ought to be very explicit about well how whether we're solving a particular problem for for a company here will doing fundamental research so so i don't think that's necessarily the problem there will be other for difficult issues within university politics if if we pay some professes we can some posttalks vastly more than others in entering the lift shores or study anglosaxon perjury whatever just because their market value is different but that might be one of the directions we need to explore because this this is a huge.
"two hundred thousand dollars" Discussed on Super Station 101
"With two hundred thousand dollars sorry compounding it every single year okay yeah compound a no no funny been sunny thing sounds yet right so the first unveiled against our with two hundred thousand at the end of thirty years there's no fees and his account okay all right at the end of thirty years earning six percent per year it is one million one hundred forty eight thousand all my gosh well it with you in two thousand didn't that any new money to it let it grow interest compound of that high the second account had two percent feasts okay okay at the end and again a gained six percent per year started with two hundred thousand at the end of thirty years six hundred forty seven thousand whoa now thirsting again had zero feet count we had one point one four million right and now we have six hundred forty seven thousand in the two percent well just to throw one in if we had one percent fee it would be eight hundred sixty three thousand okay still a big difference of almost three hundred thousand because you're paying one percent feet but the main culprit we see this many times in some accounts still three percent in fees a year really if you started with two hundred thousand went 30 years down the road to four hundred eighty four thousand dollars on not ruin more than half your value without even in this is this is just assuming you're not going to have any market risk right this is just the fees coming the aclu exactly you lost more than half your value by having it adviser charge way too much of the wall i will say it makes no sense i just thought on spot yeah i just bought a home coach and everybody was fighting for that lower interest rate so i it's funny that folks will just let fees slip by and just let them flow under the bridge wind when we fight and struggle for those things maybe they just see more obvious when it's in a mortgage folks just don't notice what's your experience with that yeah well i i'm a big proponent of the noclosingcost mortgage yeah short yes so therefore you're not paying any closing cost you pay for the appraisal up front.
"two hundred thousand dollars" Discussed on Pod Save America
"Sal wet they've done is say eighty percent their tax cuts those to the top 1 percent average two hundred thousand dollars per person in the top 1 percent they raise the rate and the lowest income people they ways that tax rate and if you have more than one child you actually because they do away personal exemption you will pay more taxes on phnom with three children pays thousand dollars more in taxes potentially and then with you that we're not done then i hate to say it but they come back one more time on healthcare because their plan pays for this in heart by not only taking one trillion dollars on medicaid him in michigan most of our seniors in nursing homes get their healthcare their paid for in nursing homes do medicaid plus families and children but now they in addition to the medicaid which we just beat back twice they take another almost five hundred billion automatic care so that's their tax plan their tax plan to take tech cut health care and i think i think you saw that sell for her i mean if we wanna do it right you know i'm happy to do the right kind of tax reform and simplify the colleague has code as i sat in and close tax loopholes that companies like pharmaceutical companies are using tap leave this country and not pay their fair chat taxes while the raising everybody's john ha what why the last quick question for freer view you might have a very interesting opponent.
"two hundred thousand dollars" Discussed on WIBC 93.1FM
"The they want he racked up a what the failure to two hundred thousand dollars in medical bills just as an aside you wouldn't think that would be that much he cut up the legislature up the would right the two hundred thousand dollars were the work for complicated to do other things but what do i didn't go to medical school radio talk show host all was walking along the train tracks with era buds in on march ii when he sensed this according to the lawsuit he sensed but didn't hear a train approach being behind gm mother wrote on a gofundme page after the accident i sense there's the train coming i can't hear it could have got your but this must be some damn goodyear but the those jay z ones like that where you're buds i could still here my wife talk he's not shrill but i can still hear things going on in my house this guy couldn't hear are train any sense the train according to his mother by the way since the train coming didn't bother to turnaround in barter look at a look i like my legs their sex old lawsuit claims the fierce csx train did not have a properly functioning front facing camera preventing the train's engineer and conductor from seeing all in time to avoid hitting him what now that's a problem but maybe you shouldn't have been walking on the train track how about that maybe even at seventeen we should start teaching people to take all responsibility for themselves i don't wanna get hit by a train you know how i avoid that i don't walk on train tracks you're all i have it on a tshirt uh csx again this is the company that operates the trade also did not put a fencing or other warning devices to keep pedestrians a safe distance from the tracks how about the train tracks themselves how 'bout you to walk on the train tracks how about moms ian papa tell you don't play by the train tracks.
"two hundred thousand dollars" Discussed on Radio Free Nashville
"If you're making more than two hundred thousand dollars a year the republican plan is gonna kick back to you at the two hundred thousand dollars a year levels six thousand dollars year you're going to get that kind of a tax cut if you're making a hundred two two hundred thousand dollars a year you're gonna get about three hundred dollars a year back in tax cuts from the republican plan if you're making millions or billions earier going to get a godawful amount of money it's not even on this chart now if you're making if you're making fifty to seventy five thousand dollars you're going to lose about 50 bucks if you're making forty to fifty thousand dollars you're gonna lose about four hundred dollars if you're making thirty to forty thousand dollars you're going to lose around five hundred dollars if you're making twenty to thirty thousand dollars you're gonna lose about 1100 dollars on the republican plan if you're making ten to twenty thousand dollars a year you're gonna lose two thousand dollars a year if you're making less than ten thousand dollars year you're gonna lose 2500 allah his year say the the uh the article says repeal into the uh like cutting medicaid reducing the value tax credits and repealing taxes the affordable individuals and families making less than seventy five thousand dollars you would end up losing money on average not surprisingly as the lowest income groups that would take the hardest hits this whole republican ideology of when a person is down kick them take away their food stamps take away their nutritional support take the funding away from their schools they'll of actually picked themselves up no you're destroying the overrun this news the thom hartmann program the towel eddie just the naked brutality of republicans in 2017 is worth tape.