WRKO>Audio & Video on Demand>>12-30-14 Full Show

12-30-14 Full Show

Dec 30, 2014|

12-30-14 Full Show by Barry and Kim

Transcript - Not for consumer use. Robot overlords only. Will not be accurate.

Radio network are are strong here and I thought I'd like to hire lots he's a part of the loss from Cushing and I'm here to congratulate. Mr. so shield to leak from leader bank so she'll. You guys are you know a mid size or small community bank that you were ranked number five. In all of the banks in the commonwealth for small business lending congratulations to you and. Thank you very much thank you Betty. A lot of credit goes to you I came when you showed two months ago. We dug about these special program leader bank had products smile business Christmas. And because of the idea model business we got the people took advantage of that smog program. We the number at the fifth lies just SPN and as you let's be very proud of very prior to put my team around my quote team leader creating jobs in a bad lending that money you're creating jobs and your help and motivate the economy. And we act absolutely absolutely via making contribution to the locally you've done right so we have introduced a new product now. But it's yet VT is 50000 dollars. Up but if it doesn't have board and help us and if forty alone and we get indeed have 1510 working days would close alone. And daddy impaired documentation is required. So anybody looking defied it he SBA loan please contact Austin databank will be developments tonight databank dot com would give us a con. There are a leader in small business lending 50000 dollars four year term for a half percent interest rate their phone numbers toll free 877. 691. 7900. Or visit leader bank dot com give a call they're terrific bank and they wanna be your business lending partner. 8776917900. Leader bank dot com did you know that there are ten easy ways to get more money out of Social Security one method to get more is to collect twice hello everybody very Armstrong from the financial exchange dual earning couples can collect first as a spouse and then again later based on their own working record for example a woman could collector spousal benefits at age 66 and then she could claim again at age seventy based on her own working record high earning couples benefit the most from the strategy according to the center for retirement research at Boston College we have a free report that will teach you. Ten methods of getting more out of Social Security 8668106422. That phone number is 866810642. To get all that you're entitled to from Social Security called now 8668106422. Securities offered through securities America ink member of an SIPC in advisory services up at the securities America advising area ams on representative Armstrong advisory group in the securities America companies are unaffiliated I'm going to grow. Into the law. Can they. The basketball. Yet wherever you're going the quality gasoline that ExxonMobil stations of the energy behind your journeys they helped engines run smoother and help improve fuel economy to. ExxonMobil energy lives here and Exxon Docomo mobile look number details. There's your basement or crawl space have a damped musty smell. Well watch out that's a sign it too much moisture and not enough ventilation and that can mean increased mold growth and they'll build up of harmful toxins and gases don't bother with the 1888964. Way bets 1888964. WA VE. Today's senior citizen has a one in four chance of spending time in a nursing home will you be one of them what would you do with your spouse didn't have enough money to live on because you're in a nursing home in depleting your assets by more than 101000 dollars each month think about it how long would your money last if you had to write checks like that each month how would you feel if it was something that you could have done to protect your spouse but you failed to act don't put off protecting your loved ones any longer. Collar office right now to request are bringing new guide that will teach you how to create an estate plan that will not only protect your assets from a nursing home. But also help your family avoid probate keep your money in your beloved line. And potentially eliminate estate taxes. 8668485699. The law firm of Cushing in Dolan has been a valuable resource to thousands of families for the past thirty years it's time you found out how they can help you. 8668485699. 8668485699. There. You're always hold on your checkbooks and give your portfolio break. It's time for the financial exchange with Barry Armstrong and Kim Keller again from Wall Street too you're street Berrian can live you've got to hurt he's the financial exchange with Barry Armstrong and gene Kerrigan. Good morning everybody. Welcome to the financial exchange. Here along with chalk this morning it's great to have you witnessed it having a terrific that we're just talking here in the and studio about the fact that he's new years you know I I can't 2014 go. You know it it's kind of funny to you look at it and you think while I do it went pretty quickly because creepy things happened here action. Yeah you know it's it's brought to light with of this unfortunate situation with. Eurasia the fact that that Malaysian plane went down and we still not found that how many weeks you know we thought about patent. Weeded and searched and at it it never fails for me when you get to this point in the year start thinking back if that happened this year and with such a huge story at the time in the new sort of move on to the next. Yes story down so exactly but they the news overnight in case anyone did it. Get around here yet they did actually found some find some debris and bodies from that air Asia jets so. It does look like they are narrowing in on the place where it finally. Entered the ocean there and I show. The expectation is that shortly you'll probably find some of the larger wreckage below the surface. And I'll hopefully be able to recover the black boxes as soon as possible. Yeah and I mean. Is is disgusting is the sound because this part of this whole process is so great in horrible. But it's sort of from falling into the category of being. A plane crash investigation you know because they are finding. It's in the Java C and it's shallow so they believe they will definitely find this plane they definitely think you'll find the data recorder and the voice spot on cell. And I also look at just from the perspective. Of the family members of these people. And again it's it's something I can't put myself in the exact situation right. I would rather know what happened and still be you know the Malaysian police still sitting at the go will be we have no idea. I would rather say OK at least I know and I can you start to figure out some way. To put it behind me it's it's not it would be easy playlist you can say okay. Now I you know whether it was whether this from external you can say OK it was this and I understand as opposed to. The Malaysian plane still sitting there were almost a year out now going what was. Still wonder was it terrorist act into the part of the pilot responsible with. I think they're going to either screw and it's in a part of the ocean is not shell CNN's happy about that they're thrilled and shocked to find it. It's up in the cup race. Idealistic public got to go brush are coming your way today were going to be talking here a couple of expert but number eighty contract and what he's done to it did David I've been cheating. Chit chatting about it all morning you know reacting is probably what a lot of people talking about so plagued by this truck here a year kind of an expert has passed up I wonder if you have. A ten economists in terms of set up a bottle about morgans and I just analyst listener who were quick run through we're gonna of course talks stocks here a few minutes. I UPS FedEx they it turns out. May have had blockbuster year we're gonna talk a little bit about. What happened and how would wind and how they're gonna stack up for the remainder of the year you know world where Heidi come off enactment of the guy. And we're also gonna talk about housing. Zillow data big big research. Project about housing in the United States where we're you know we came from at the beginning of 2014. Where were headed. In 2015. And and on that Norwood a very quickly let you know the Kay Schiller. Housing report came out this morning for the month of October. And we're not gonna get into this too far but let me just say that both the ten city and the twenty city composite saw a year over year decline in October. As compared to September. The ten city composite gained four point 4% year over year that was down from four point seven in September and the twenty city composite. So four point 7%. Over a year over year that's compared to four point eight in September. So things did slow down just a bit in the month of October. Some of that could have to do with weather related. If she runs the country. Yeah I think more of it you're just seeing a housing market finally coming back to normal you're not in a C twelve and 15% gain year after year like we saw last year. And I think it's a case where you seeing investors now move out of trying to buy homes purely for investing purposes and you're seeing the market return to normal which a normal housing market you should see somewhere between three and 5% Euro preacher if you're not gonna see. 81012%. If you did that's when you start getting nervous about a bubble again. When the doctor does that look for excellence and a little bit about mixture and if they anticipate that's kind of that's gonna clean off which are in a lot of analysts are saying they think that's what's gonna happen when it comes to housing. Very quickly did you see. Hubble's lowering it just to sort but he knows spinning crazy right when it comes to crude. She was trading at about. Is below 53 dollars a barrel this morning five and a half year all below. Has had an effect on the markets it has effect on futures it has happened in effect now. And surpluses the issue I think is like fear now about globe sales. Of surplus. Demi there's this concern that you have weak demand in some parts of the world at this point and obviously. OPEC led by Saudi Arabia's continuing to maintain production here and really what it's going to do it's going to drive out some of the higher cost producers simply because they can't be profitable. Unfortunately some of those producers be you know as a singer here in the states and already. Some of them are reporting they are cutting back the slowing down production they're being forced to do so. And then this morning some of these producers are saying that after the first of the year fortunately layoffs are going to be coming up and it continues and we knew this is gonna happen what is. Look it's it's it's a business cycle within this industry uses the profits to be made and so people start fracking and horizontal drilling in doing these things and eventually the market becomes saturated. And you have to see you know companies filtered out of there and that's that's how a business cycle works it's easy profits people move in and profits come down eventually that's. Tell works well first much as I know none of us wants to report in the idea of layoffs I have to say. Lower oil prices. And lower gas prices for. The consumer as a whole he's just positive it's positive for the economy I know it means that for some people's economy it's not great. But for the economy as a whole there's no question about fact that this is great. So it's look it's and it's in net positive for the economy as a whole and any time that you see ships in prices with anything you're gonna see some people get hurt. You look at you know what if if if the stock market goes down over short term. Fees to investment advisors co chairs and there's there's always someone who is having to readjust their business and in this case you're gonna have oil workers who left unfortunately. Figure out something else that they have to do that by you what they can do though they can leave North Dakota and go to South Dakota and sell cars because more more cars are being sold as a result of the gas prices being down either broad built homes out there to line and they still have a shortage arms for folks you have a lot of folks that are living in cars in most homes because they can't build them fast enough absolutely bring to see it. It you know inner. In our grocery stores were already seen it in our tanks were seen in her home. Heating it's all just been very positive now on the same line onto DC yesterday that the Yankee. Nuclear power plant they stopped producing energy for the New England agreed yesterday at 1212. When they stopped. Yeah and this is a plant that had being. In operation for 42 years 42 years and so really you have become kind of a you know. He's a piece of fabric of New England resolutely and done now is stopped at this point and so it's obviously you've had a major shift largely due to natural gas becoming cheaper and moving all around sites and top some alternatives as well. And I think that you know especially when you look at the regulatory nature in this country. And how difficult it is to build new nuclear power plants I think it's unlikely that you're gonna see you know this type of power become. Popular again in in the north the. There's that's 600 people working there I think we're gonna cut the they're gonna cut the workforce in half yup. And then in two years that may be cut again or may go away completely heal I heard the saying yesterday in which it was an unbelievable statistic. It'll take until 2016%. Plan to cool. It's gonna end I think it's in taking of the twentieth 25 years for them to fully closed that only about Hampshire. There's regal. Quality and that's that's the big issue with nuclear power is look it's it's. It's relatively clean wider operating it but it produces a ton of waste and it's not easy. Even shutter operations it's not something you just flick a switch and say OK we're done right you have to I mean there's obviously a lot of the rest of a trash can go home what's what yes it's just like it's no different from wrapping paper right just right in the yeah. Oh now I've just sit. And it's it's you know this is the beginning I think there's going to be a lot of these most of these nuclear power plants are about forty something years old. At about which started this process down and you look at a lot of women especially with some of the earlier reacted designs and not necessarily designed to last too much longer than the brain they have fifty to 75 maybe a hundred year life spans are so. Took cleanup is really going to be an interesting. Next step in this in this whole process yup and it's it's going to even though the plants shutting down the cleanup is still actually gonna provide jobs in the area simply due to. Needing people who are qualified and capable do that I absolutely. All right well we're gonna take a break everybody illicit financial exchange when we come back Tom Brady. His contract being they're calling it tweaked we'll talk a little bit more about what tweaking is when your in NFL star. It's very Armstrong and can carry him. Right here on the financial exchange radio network. Are you thinking about transferring your home to your children in order to protect it from the nursing home. Did you know that if you do you put it at risk for your children's creditors including future divorces. You really wanna write a check tear former son or daughter and not just to buy the Acura own home. Not only does transferring put your home and rest it can also create a huge capital gains tax when they salad. Right now the federal capital gains tax can be as high as 23 point 8% and that's an addition to your state taxes. There are better ways to own your real estate Beckham protected from the nursing home. Keep it away from your children's creditors avoid probate and not cause unnecessary estate taxes. Talk about ski in the law firm of Cushing and Elena put together preen your guide to the risks and rewards of real estate ownership. This free guide will show you the best read on your real estate con out for your copy at 866848. 5699. At 8668485699. Investors searching for relatively low risk investments that can easily be converted into cash often turn to certificates of deposits or CDs leader bank is currently offering an eighteen month CD with an impressive one point 25% EPY for new accounts with these kinds of rates now as an ideal time to take advantage of this great opportunity from leader bank to learn more about the eighteen month CD with a one and a quarter percent -- why call 8776917900. Today or visit one of leader banks conveniently located branches in Arlington Belmont Cambridge or Burlington earned more interest on your money today stopped by a leader bank branch or call 8776917900. To learn more -- bank a step ahead minimum deposit to open and current annual percentage yield is 1000 dollars Massachusetts residents only penalty for early withdrawal including -- penalty which may reduce earnings -- subject to change without notice member F. Yeah see right effective November 4 2014 this is very strong and I'm joined today by estate planning attorney Todd what's key from law firm Cushing in Dolan. It's time for your legal exchange quick tip of the day. We're talking today about the different ways that you can own rules state and Todd I wanted to ask you this one. What are the implications of transfer your whole C just take your hole yeah and you give it to your children. In order to protect it from the nursing my ex he had somebody asked me this yesterday sixty years old. In the heard about this thing transferring music like this yeah kind of makes my teeth itch. Really you know GAAP putting your kid's name on anything while you're living is frightening with or without the light to states a year question was interesting it was. At least using a life estate does provide the parent the right to live there that some protection I I feel better about that. But I really don't like having the children's name. On any property for the following reasons one when you do that it's a completed gift to you've lost all control over your order anymore. I worry about if the kids go through divorce an ex son in law the ex daughter and when your house like. Number three is it viewed not only do not only you've now subjected manager Jim said Barry took their creditors and does that. Necessarily have to be divorced as he could be a lawsuit business failure and could be any creditor so they'll basically that creditor has the ability to get the ascent to pay them back which means you lose your home I certainly don't like that idea not to mention there's also a tremendous amount of tax problems associated with doing that so don't. Don't do that. Our rate I've got some advice for you learn the best way to own and protect your home your vacation home in your rental property. Call for Cushing indulge brand new guide to the risks and rewards of real estate ownership 8668485699. That's. 8668. Horry. 5699. The guide will teach you all about the risks and rewards of real estate ownership. Toll free 8668485699. All dressed in businesses is right here Barry Armstrong. And Kim can't argue on the financial exchange radio network. Back everyone had financial exchange terrific to have you with us and with you and I can contact me with a man. I'm interrogated which has a list there's the globe we're basically talking about some of the worst gas we've had on the show 2014 we just the listeners who they think is the worst gas to actually that's acts Texas 6868 who do you think we're some of the worst guests that we have on the air. I'm not an any army you get actually points for saying bear arms. I just gonna say if they say media I'm gonna really be hurt. I'm gonna be and no I don't guess you're that outlook is going to be a lot of there Armstrong is going to be you know it's OK there's going to be no compares sent me out for a big hurt today that is going to be really we wouldn't do that you. At a by the way the market was down yesterday and you were on the air that all of us say and flew it seems to Luke followed parts. So where he's priced in Indiana found out numbering is that we can contracts all us David join us. Saw last night and makes a ton of sense here essentially people who aren't familiar with the use of top rated there's two types of guarantees in the and a bow. There's what's quality skill guarantee there's what's called. And injury guaranteed. Money is guaranteed for skill means that he's going to receive it. Regardless of any okay. That money needs to be put in escrow prior to the season in order to make shirts so that means for the and the duration of his contract's up that's if it's guaranteed money for three year correct all three years that money pianist so he had 24 million dollars that was going to be needed to be put in. What this does in guaranteeing it for injury that money doesn't need to be put in up front seat instead pay that out over the course of the content explain what it means to be guaranteed for injury guaranteed for injury means that if you are on injured reserve or putt for an injury related reason that money still has to be paid out to you if you are essentially guaranteed now is if your cup for a non injury related reason he's not scared OK so if you're a loser. If you become batted football Tom Brown which I don't think you will she's not worried about that then you you can be cut and in that guarantee is gone but if he gets hurt that money is still again and so what this really lies to everyone who's wondering out there you know what does this do you take cash flow management for the craps really probably with regards to some pending free agents such as certain Darrelle Revis and recording those types of apple. So it's past its really cash flow management more than anything hour now let's take the Tom Brady perspective though widest Tom Brady make this move welcome Tom Brady also got a million dollar raise each the next three years that we got a little extra cash that's coming in there. And I don't think Tom Brady's particularly nervous about being taught. Right and I think it's already been proven that he plays on hometown contract. In what it taught number cookies he's a he's a he's a home he's doing what you can do to make the team better around him and look you may even have a handshake deal here this they would do this now a year from now will take areas so it I say their resiliency there is no Tom Brady isn't doing this for nothing just to get caught a year from he's doing this because he says okay. I'll help you out you'll Leo later on with whatever it was and you know whether that's an actual contract related being whether that something. Future business mention that he wants help from the craft and who knows and easily these are people who work together for fifteen years now they know each other pretty well and at this one of the things that Dave and I are talking about earlier you know this piece. They have a relationship here that maybe isn't like every football player and their ownership. Well that's also because Tom Brady's wife makes more than he does so he doesn't he's not concerned about being the breadwinner. You know he's kinda he's a stay at home that alma and well and it's also made a few box in a couple. He's got a guy but having said that that doesn't that doesn't you know that that shouldn't cloud his judgment associated with business I bet it does though. Because you'll get a lot of these other guys and especially you know you hear the story about how it's I forget exactly the numbers do the seven year 80% of professional athletes. In the NFL are broke within five years after they leave the game. Tom doesn't have to worry about that. But his even if he spends his money he can't spend all cells there's too much. Well I think number he doesn't worry about it because I think there's a lot more business that goes on associated with Tom Brady's money in what we know about that that's true too well I think I think that you know what for example no no this isn't anything to crash necessarily but we all know. That he is he's entered into a number of. Spokes person relationships where he took no money and just took stock up yeah that was Smart yet so it's very. Lucky he's he's a Smart guy he's regardless of whether BM has got his l.'s money or not he's back and you know he I he's not going to be Antoine Walker's 110 million dollars. Over his playing career it's it's going to be I think. A much more stable situation for I think Dave and we you and I talked about the state you know we envision like these handshakes behind. Closed doors in the guy owns half of patriots place for. Yet how I'd like is that legal can you make it why would other people not make deals I think they did but I signaled it most of that's illegal. So most of its not allowed in the CBA you're not allowed to do soft dollars hype things so but what if it didn't have anything to do with football. And that's real estate. That's the thing it does have those types of deals you can you can do dumb but if there's anything in writing with regards to those. You're gonna see the end of the NFL does not allow for those types of things so. What you are saying is. Tom Brady can't enter into a business deal with the craps that has nothing to do with that he can't but it can't be any part of his actual he can't be written anywhere and that contract can't say you can't say. Will give you money to do this business ventures that business venture that cannot appear anywhere in an NFL contract so they can again it's a handshake deal where they can't talk it over and say look will do this chair but it cannot be anywhere in writing. Is that I mean contract and yeah. But that's a lot of money to we've on the table potentially in your saying they'll take care from down the line. When they finally take Carol does not screw the team those years so if you look at the projections for the salary cap for the next few years there's a lot of TV money that's going to be coming on the books in the caps expected to rise pretty significantly so you could potentially get in a ball market yield on whether it's this year or next year whenever. And it still would end up being cheaper in the long especially about the timing that exactly. You know others say he must have a lot of trust in it in the cracks in my opinion he must have a lot of trust as evens the all kinds talk about. Cutting him in June in you know moving that they deserve that contract is going to be easier for them to cut. It is that that cap money still there's still doesn't make it any easier for them actually caught in the price you know the it would it looks like it does but it in terms the actual money that's -- it doesn't change anything. Now. Well it's very interesting isn't it. I look I think that again is the guys worked with the crash fifteen years so he you know when you work with anyone for that long. You know them pretty well yeah so I I don't expect that he's going to be surprised by anything that happens down the road here and especially since he's someone who also seen. What the crafts do with regards they they view this as a business and he knows that if he doesn't perform he's going to be sure. Sure right now let's talk about this from the the owner's perspective though and other and for that matter other quarterbacks and other players. You know there is it was written today in the glove that a lot of other players present temperate for making these signs deals does. They don't have that same cachet he has yet. And you know faking get. If making get guaranteed money they want guaranteed money and when. When you've got you know owners who were watching this are gonna say hey we can possibly do this as well Ben Roethlisberger what he says. My response the players get better. Again you know if you look if you wanna be treated like Tom Brady play like Tom Brady it's that it's not complicated case you don't see this happening I see owners saying. And we need to do we need to free up some money. You're guaranteed. When you already sites in the last round of essentially free agent negotiations last year a lot of the guarantees that were given the players actually came in the form of this injury guarantee anyways but his owners were. Rarely has to actually give that much straight up guaranteed money so a lot of the guarantees that were talked about. Warren actually fully guaranteed there are only guaranteed in case of injury then and so. I think obviously the players say look we don't want to do this because we need. The money in this now and then and the one thing it always bothers me about. The argument that NFL players maybe they say look we only have three years to make our money that's the average lifespan of someone in the NFL but look at what's that you had to just work in the NFL for the rest your life. You know it's it there's no other professional peoples I'm gonna work five years and retired. Now it's look if if you only have a three year career that doesn't mean that Europe Baylor that's all your earnings per share Goer and subsequently. You know it's just like any LC diversify your skills diversified assets. Take a break everybody you're listening to the financial exchange. This is the financial exchange on the financial exchange radio network. Investors searching for relatively little risk investments that can easily be converted into cash often turn to certificates of deposits or CDs leader bank is currently offering an eighteen month CD with an impressive one point 25% EPY for new accounts with these kinds of rates now as an ideal time to take advantage of this great opportunity from leader bank to learn more about the eighteen month CD with a one and a quarter percent -- why call 8776917900. Today or visit one of leader banks conveniently located branches in Arlington Belmont Cambridge or Burlington earned more interest on your money today stopped by a leader bank branch or call 8776917900. To learn more -- bank a step ahead minimum deposit to open and current annual percentage yield is 1000 dollars Massachusetts residents only penalty for early withdrawal including -- penalty which may reduce earnings -- subject to change without notice member FDIC rate effective November 4 2014 this is very strong and. Joined today by estate planning attorney Todd let's keep from law firm Cushing in Dolan. It's time for your legal exchange quick tip of the day were talking today. About the different ways that you can only real state and Todd I wanted to ask you this one. What are the implications of transfer your whole C just take your home and you give it to your children. In order to protect it from the nursing I actually had somebody asked me this yesterday sixty years old. In the heard about this thing transferring it using only the state here. Kind of makes my teeth itch. Really you know GAAP putting your kid's name on anything while you're living it is frightening with or without the light for states a year question was interesting it was. At least using a life estate does provide the parent the right to live there that some protection I I feel better about that. But I really don't like having the children's name. On any property. For the following reasons one when you do that it's a completed gift to you've lost all control over you don't notice anymore. I worry about if the kids go through divorce an ex son in law the ex daughter and when your house like that. Number three is it you know Ali you know I don't you've now subjected manager just said Barry took their creditors and doesn't necessarily have to be divorced as he could be a lawsuit business failure anything. Could be any creditor so they'll basically that creditor has the ability to get the ascent to pay them back which means you lose your home I certainly don't like that idea not to mention there's also a tremendous amount of tax problems associated with doing that so don't don't do that. Our rate I've got some advice for you learn the best way to old and protect your home your vacation home in your rental property. Call for Cushing and old brand new guide to the risks and rewards of real estate ownership 8668485699. That's. 8668485699. The guide will teach you all about the risks and rewards of real estate ownership whole free 86684856. 99. You may be wondering if you've saved enough to make it through retirement now add to that concern about health care costs and your stress level may be shooting through the roof when you're not alone researchers report that more than half of retirees. Are not feeling confident that they have saved enough to pay their medical expenses during retirement if you feel like your included in that category then we have help for you close today and 86681064222. Request a free guide on healthcare and retirement planning is crucial and may even help lower costs acknowledging that paying for health care in retirement is a major issue is just the first step. The next step is to understand what these costs will be and to incorporate them into your plan that number again is 8668106422. Securities offered through securities America ink member and rat SIPC an advisory services offered through securities America advisors Gary Armstrong representative Armstrong advisory group and the securities America companies are unaffiliated hi this is very Armstrong from the financial exchange recently I've been hearing many reasons why we should consider buying gold geopolitical uncertainties stock market corrections you name it I don't disagree with the idea of buying gold but I have always been suspect of the ads that I see on late night television or even the ads frankly that I hear on the radio I like to buy gold from a local institution that I trust I owned gold and I buy my gold coins from leader bank I walked right into any leader bank branch and I can buy American Eagle gold points leader bank is a local bank with. Branches in East Arlington Arlington center Arlington Heights of Belmont Burlington and Central Square Cambridge thank locally and buy your gold coins locally it just makes sense give leader bank a call and learn more about their gold coin. Programs 8776917. B 900 or visit leader bank dot com leader bank a step ahead not a deposit not FDIC insured not insured by the federal government agency not guaranteed by the bank may go down in value. Follow Barry on Twitter at Barry G Armstrong its Barry Armstrong and team paragon. On the financial exchange radio network. Welcome back everybody and it's time for your first trivia question of the day this is. One look at me which state is because our first. Questionable insert that what is the only state to be named after president. I have an idea. But I got this one you know it's George look it's not go to. President nor the coach I might be south to at a Edwards South Dakota now and president North Dakota was one of my personal favorite fictional hey I really like his economic policy I understand and it's yours personally was cool coal back. What's the only state to be named after upland residents. Well played. Texas it's X 86 that you would like to hear for me this morning about the five biggest business stories of 2014. This nationwide. This list is by NPR it starts this morning with oil price plunge I think all of us would say. That was maybe not only the biggest business story that probably one of the most prize counting but it's coming. Now and even if you go and look at futures contracts for oil back over the course this year. No it was expecting this ever was expecting oil as they somewhere. In a 10010. Dollar range maybe you didn't have if adopted 95 we thought we beat the system and I don't touch your bear case projection where 1995. Dollars you operate and projections were a 120. And here we are today 53 and what you've seen a lot of activity over the last couple weeks of people buying futures all the way down to 3040 dollars so. I think it's. I don't necessarily know you've seen the bottom here but it's certainly is a boon to consumers but obviously producers a little nervous if prices stay in this race sure. You know I think a last week or week before last before I looked on vacation buried. Was talking about the idea that he thought it would stabilize it looked like it was gonna stabilize around 5556. In May be would hang there for you know at least in the first quarter but now here we are this morning we're down you know we're wears a right now issue. You're 53 and a glittering with commodity prices I always come back no one has a clue again US expert commodity traders were buying chargers and selling futures at a 110 going out to next year it's in its. No no no one has a clue. These vehicles against breaststroke in or have we caught up yet we're still not completely caught up so I think I think in Massachusetts now I know I when I saw. Was it to 451. Guy got back in town yesterday. And I think what you may see another ten to forty cents down here in Massachusetts. I think what's a shock from driving along the mast pike this morning you know they have the rest stops and of course the gas is always the highest. Never light yeah you know that's you do that a desperation it's like 50% premium. To 75 this morning so that she's having fun and it's kind of how well that when gas prices are really down you don't hear a daylight. That is pretty amazing. Number two story of the year was wage stagnation. Yet and really. This you can even apply to the last three to four years what we've seen. Is that essentially hourly earnings have just been completely flat really over the last few years now you are finally starting to see the potential. For some wage increases simply because more people are getting back to work at this point. But again when you look at what's what we've seen in and what this means for most folks in the country you are seeing somewhat of a divide opening up between. Kind of the you know that the lower not even lower class and even middle class wage stagnation has been a very real thing over the last five years sheriff and you have the people in the upper echelons who are being a seemingly not having problems. And unfortunately that can't continue because you start to see some major issues on the social. Absolutely. And it which has been I think. That's not in are less but I think that's where you know the wage discrepancy has been so dramatic and continues that which continues. And that is I think a really big story. Just just the fact that we cannot seem to bring it together and we're talking about the stagnation of wages back. Just how dramatic that has become yup billionaires this year added more money in the added to your incomes. In decades and yet that's amazing in but the Bureau of Labor Statistics said that the average hourly earnings in November were 24 dollars and 66 cents that's up 51 cents from a year ago. However we have not raise minimum wage all of though when he won states are going to raise this week. I'm so we are gonna start to see we didn't raise the federal minimum wage but we are gonna start to see states raising minimum wage that we see at dated. A bit of an increase in the fair and we'll talk about that here just a couple of minutes a bit more stocks shoot up in interest rates did not this year. Yeah I think a lot of folks were surprised without affecting interest rates actually declined over the course this year the ten year treasury going from about 3%. Down to about 2.2 percent right now. It's not said another strong year the S&P up around 14% for the year we factor in the dividends from a coach should do about fifteen half 16% so. It's it's been another strong year here. Now the the note of caution you always sound when you say that. Is look when we see you know back to back to back strong years you have to start getting a little bit cautious there sure not to say that you're gonna CU that next year necessarily. I think things are set up that you are in a place where there's not a ton of downside risk right now. But I think that you need to be very careful about where you're making investments because there are definitely parts of the market that are absolutely over inflated. And finally and boy it wasn't just a huge story this year the hacker. The hacker. Really spearheaded a lot of the year in a lot of people a lot of businesses and really that even started in 2013. We. We ended that year with a huge pack of target. And we saw what it did target business Lisa what it did to. Target's shares and then we've slowly but surely seen more and more of these kinds of attacks and they seem to be getting bigger and bigger we had. You know it wasn't until the fall that we learned that Home Depot had a reach that hit occurred. From. Really from April all the way until the end of August and we learned about it generally fall yup and of course we have the Sony attack it was really. Really interesting and really costing a lot of money and having just a lot of social fall. Yeah and it can look the big thing that any computer security expert will tell you is that if you don't know we if you don't think your being hacked you just don't have good enough precautions because. At at any given time someone's poking around trying to do something not necessarily stealing something at every moment. But they're poking and processor to see what's going on there and if they have. Any holes that they can get through and so I think that off for these big companies it's going to continue to be an area that they're gonna have to spend money simply because. It's going to continue to become a bigger issue. And and again any security expert tell you you're playing catchup to what packages. Well I so the FBI. Directors say this year. That cyber security is with the number one issue yet in the United States of America and debt due to copper east China. And he said if you think you haven't been packed your business and you think you have been hacked by China then. You're wrong but the big question that you're gonna get to at some point is look it is inevitably going to be a time where. Some is you have some type of tact that actually cost people a significant amount of work. And the question that people are going after grapple with at that point is do we give up some of the convenience that we have the current all the networking. And say look I want I'd rather have my money in place that isn't network and is it readily accessible. And I'm willing to have to give up from the comforts that have lake mobile banking and check deposits insurers like that and it hasn't happened yet but it will. It will Europe salute to well you know there's not enough people have lost enough. And night you know now we companies have lost enough quite yet. But unfortunately I think it will because hackers to get smarter and our systems are becoming more and more antiquated. Exactly so at at some point people are gonna have to you know wake up and say. Look what do what is really essential for me to have connected. To certain networks and I think that's a conversation that people need to have because it's. It's it's inevitable that the way we're going something is going to happen where you start to see. People get really hurt by these type to have. What's the only state to be named after president will of course it's state of Washington Joseph knew that he's in infield. We say thank you very much Joseph for listening and when we threw out one more trivia question before we go to the break here. Obviously Washington is the state that we're talking about what's the capital of the state of Washington if you know Texas it's X 8680 we'd love to hear from. We'll take a break in when we come back we'll be talking with. Maker rob Robinson and now Motley Fool and Dave what's what's became the going to be talking about tank stocks to record. This is the financial exchange on the financial exchange radio network it's. Police called it broke the bad news or Charles is personal and financial information was found on an identity these computer disk nervous and confused Charles called life on the industry leader in identity theft protection like flock went into action fund covering multiple fraudulent credit applications the identity thief was trying to open in his day they like clock. Shut them down and help him restore his good name and credit Charles found out the hard way that identity theft is a global crime a crime that's become so complex you simply can't fight it alone your personal and financial information is everywhere don't waste fraud call from the police before you'd take action visits like flock god come down or call and mention pro local nowhere to get a special 10% discount call 1804993150. 804993150. 804993150. C lifelike dot com for details network does not cover all transactions in scope they vary. You may be wondering if you've saved enough to make it through retirement now add to that concern about health care costs and your stress level may be shooting through the roof when you're not alone researchers report that more than half of retirees. Are not feeling confident that they have saved enough to pay their medical expenses during retirement if you feel like you're included in that category then we have help for you must today and 86681064222. Request a free guide on health care in retirement planning is crucial and may even help lower costs and theology and they're paying for health care in retirement is a major issue is just the first step the next step is to understand what these costs will be and to incorporate them into your plan that number again is 8668106422. Securities offered through securities America member and rat SIPC an advisory services offered through securities America advisors Gary Armstrong representative Armstrong advisory group and securities America companies are unaffiliated are you thinking about transferring your home to your children in order to protect it from the nursing home. Did you know that if you do you put it actress for your cousin's creditors including future divorces. You really wanna write a check tear former son or daughter and not just to buy the Acura own home. Not only does transferring put your home and rest it can also create a huge capital gains tax when they salad. Right now the federal capital gains tax can be as high as 23 point 8% and that's an addition to your state taxes. There are better ways to own your real estate Beckham protected from the nursing home. Keep it away from your children's creditors and avoid probate and not cause unnecessary estate taxes. Top up scheme a lot from at Cushing and Elena put together three new guide to the risks and rewards of real estate ownership in American history god she's the best read on your real estate. Call now for your copy publicly 68485699. At clip 668485699. Investors searching for relatively low risk investments that can easily be converted into cash often turn to certificates of deposits or CDs leader bank is currently offering an eighteen month CD with the impressive. One point 25% EPY for new accounts with these kinds of rates now as an ideal time to take advantage of this great opportunity from leader bank to learn more about the eighteen month CD with a one and a quarter percent AP why call 87769178900. Today or visit one of leader banks conveniently located branches in Arlington Belmont Cambridge or Burlington earned more interest on your money today stopped by a leader bank branch or call 8776917900. To learn more leader bank a step ahead minimum deposit to open and earn annual percentage yield is 1000 dollars Massachusetts residents only penalty for early withdrawal including iris penalty which may reduce earnings rate subject to change without notice member FDIC rate effective November 4 2014. Well best in business is right here Barry arm stroke and can carry him. On the financial exchange radio network. Welcome back everyone and thank you very much for listening to financial exchange this morning. Our latest down. Trivia question is this what is the capital of the state of Washington if you know that you can text us at 686 with a different story. And we are now fortunate enough to be joined by Mike Robinson from the Motley Fool and Mike thank you for coming on with us this morning. At a meter. So let's talk about a couple companies that are kind of front of mind right now one of which is intuit and people probably used a number of their products but. What exactly do they do they provide for our listeners who may not know. Yes so what they're best known for is the tax software Turbotax which yeah I'm sure many here. Listeners have used but they also are well known for quick hook. And and quick what is really what a lot of focus on because that's right Eli opportunities for the company one thing that they're doing is transition from. They traditionally on site hosted. Version of quick he's now an on line bird which. Allows for a lot more efficiency in a lot more. Consistency across product groups or product offerings for small business. Now that is a difficult transition because traditionally your small business owner isn't all that. Likely to which accounting software. But they've actually seen restraint in in adoption rate. And that is just going to make what is an already great is that even better. I tried to improve profitability and it's going to allow them to be more efficient. And slide what are already fantastic on one matter that the capital even higher. So when you look at this company right now. It's you know it's it's trading at a fairly steep multiple for most folks but are you essentially saying that their growth rate is quick enough that that shouldn't be a huge huge concern right now. Well so if it is that this company has. It. It is not growing at bat as you might expect it would prop it what we can be going forward probably 10% to 12%. We're afraid but on a cash basis is it yielding about 5%. Free apps which took a company like it is is actually pretty good night and it. Going forward you can expect out what group a match revenue growth and maybe it eat it for probably the first. Three to five years are now so. I think your wealth depicting an annual returns pretty reasonable though it does look a little pin that on a PE multiple basis yup and you look at the cash flow and how much cash is there. Property generate. I've out of expensive. Initially looked. You have any information in terms of what what the breakdown is between quick books and Turbotax is percentages of the revenue. Yet those purple taxes is is. A larger portion of revenue. And that's actually kind of the story that's happening is being met with active kind of financing the growth and quick vote. And and it's really fight it in the he transition of quick books from the on site even to the cloud based platform. Okay very interesting and then another company that you're taking a look at this one. Folks probably haven't heard of as much is correctional international and what what exactly did they do. So. Part Elin actually is basically that seat open. But we think of the former duke for business for the industry you'd think the big pharma companies that are. Providing a lot of money for research and development trying to find new blockbuster drug. What has traditionally been airy. Variable and has been a lot of acting apartment. I had to go along with that what part about it they essentially will allow format two outs or the research and development to this company you can bend. All of a re vote is on managing its staffing needs. Four different research project now before. Roughly 2010 that kind of a wild west industry basically at these. Work ought contract research organization that pricing deals. I thought that he did all the what now what's happening is the Bart pharma companies or virtually work all. Strategic contracts strategic partnerships with the hour you which gave a lot more insight. In he upcoming projects and allow these heroes. And ability to do more. Steadily managed here personnel needs. And so we're seeing kind of an uptick in morgue in that not all occur. And I think that this does is it playing out pretty well Art Bell and the reason I which is part ultimate statement because they've tended to have. 88 popped in for a program that works better than everybody else that you might think it will be a better record than the rest with in the industry. All right well Mike I appreciate you coming on with us today. Thank you for the information I have a happy new year. You group right here. All right that was Mike Robinson from Motley Fool in the case you wanted to check out the stocks on your own again the first one was into it with the tech T and TU. Second one was par XL with the ticker PR. XL. It. All kinds of people who are writing in a winner yet. You are trivia answer the answer is Olympia. Olympia is the capital Washington surreal yet but once we do we share that with you. Yesterday we talked about the it's business stories of New Hampshire 2014. Today. I wanted to talk briefly about that big things that are coming up in 2015. In the state of and Rhode Island they got a number of laws which a lot of state to do that will be on the books effective Thursday. And now quickly let's run through a couple of those in Rhode Island they are increasing minimum wage minimum wage will go from eight dollars an hour to nine dollars an hour. With a big push in the legislature to try to take this issue up again. Once the session begins on January the sixth yup to raise it again and the third year for two to attend ten. So we'll see if in fact that you raise that again next year just give you an idea forty hour work week for an employee who makes eight dollars an hour. Totals up to 161640. Dollars annually and with this one dollar an hour race. These employees will go from that number 2181720. Dollars an hour so. A lot of people seeing quite a little increase there in the salary started on the Thursday down there in Rhode Island. Yeah and it's something that you know you're seeing this across a number of states as we mentioned earlier about 21 states are going to be raising minimum wage. In 2015 so this is something that fits in our kinda with what you're seeing across the country right. There's going to be some tax cuts in the state of Rhode Island effective Thursday in this is it really interest in one there's a number of them and if you're more interested you can check it out. In your local newspaper down there but let me just give you this one. The they there that could be cutting their stake corporate income tax rate. And eliminating 500 dollar franchise tax. A that they currently have and what is for the mean is that Rhode Island is gonna go from having the highest corporate rate in New England. At 9%. 27%. Which will make it tied for the lowest in the area. And that's really great thing for the state of Rhode Island because and a hard time keeping businesses there and they don't have that big an industry dunks to begin with. So I'm I think that lawmakers they're hoping that this is gonna draw. More businesses to the state of rabbit and one more. Quick change down their Rhode Island and I think is interesting is that. Judges and magistrates will now have the power to prohibit drivers who have been caught driving drunk. From getting into a card that doesn't have a breathalyzer. So they're going to be able to issue these kinds of Brett Brett the lighters to an end to lock system essentially as word yet about. Two drivers so if you have been a habitual drunk driver. You need to teach driver's license taken away but he will have to happen in your like system. Your car react to blow into it every time to start it and when you blow into it registers when you've been drinking and if you've been drinking cart wants to. Seem person. I think that for drunk drivers maybe it's just my personal view I just like to have the cargo one mile an hour 'cause it's it's easy for the put its oh yeah is the drunk driver. Got a driver anytime one mile an hour and we'll take a breaker idealists in the financial exchange. It's back to school time and it's time for you to brush up on your education about estate planning. Did you know that from married couples you may be paid unnecessary estate taxes if you don't have a trusted place. For a married couple in Rhode Island this gift to the government can be as high as 100000. Dollars for two million dollar state. I don't know about you but I had plenty of other people in my life that I'd rather give 100000 dollars to. Cushing had Dolan has put together a brand new guide called back to the basics. A guide to estate asset protection planning call for your copy now at 8668485699. Don't lose your money to taxes call 8668485699. Back to the basics. A guide to estate asset protection planning call for your copy now at 866. 8485699. Again that number 86684856. And 99. Mortgage rates are still at an all time low and it makes sense to take advantage of these rates whether you're refinancing or buying a new home leader bank is a local bank that's one of the largest mortgage lenders in New England with very competitive race asking their experience staff about mortgage financing options and get a very competitive low term fixed rate for your home whether refinancing or buying a new home work with leader bank call 8776917900. Or visit leader bank dot com. Leader bank lent over one billion dollars last year to homeowners in the Commonwealth of Massachusetts. They're the true experts in mortgage financing. Deal with the local bank today and call 8776917900. Or visit beleaguered bank dot com for all eager home buying or refinancing needs 8776917900. 8776917900. Or visit leader bank dot com or email. Loans at leader bank dot com. Hi I'm Joan Lunden and appear worried about your parent Carol Loveland living alone like I was. And you are reliable senior care information. And call a place for mom. The nation's largest senior living referral service you'll get free information on assisted living. Alzheimer's care nursing homes even important financial information. They had obviously researched every place not just given me names and they found me a place for which she could afford and it was magnificent. We're now. Very confident that she's safe and they just helped every step of who can't hit them. So if you're struggling to. Find reliable senior living information call place for mom this is a free service and you can trust them help you. If you are struggling to find reliable senior living information for your mom or dad didn't call or go online to get the free help you need during this turbulent time call now 804677530. 8046775. There is your favorite news or mid size or small community bank that you were ranked number five. In all of the banks in the commonwealth. For small business lending congratulations to you in your tank you very much thank you Betty. Lot of credit goes to you hike him when you're showed two months ago. We dug about these. Special program leader bank had products Mon business Christmas. And because of that deal model business we got the people took advantage of that's my program. We the number at the fifth lies just espionage and its US be very proud of very proud for my team around my quote team we are creating jobs in a bad lending that money you're creating jobs and your help and motivate the economy. And we act absolutely absolutely we are making contribution to the locally you've done right so we have introduced a new product now. But it's via the tee is 151000 dollars. Up to fifty dollars and I've border and help us and if forty alone and we get indeed I've been dean ten working days would close a long. And Betty impaired documentation is a quiet so anybody looking tied at the SBA loan. Please contact us at databank will be developments tonight databank dot com would give us a cop. There are a leader in small business lending 50000 dollars four year term four and A half percent interest rate their phone numbers toll free 877. 6917900. Or visit leader bank dot com get McCall they're terrific bank and they wanna be your business lending partner. 8776917900. Leader bank dot com. You may be wondering if you've saved enough to make it through retirement now add to that concern about health care costs and your stress level may be shooting through the roof when you're not alone researchers report that more than half of retirees. Are not feeling confident that they have shape enough to pay their medical expenses during retirement if you feel like your included in that category then we have help for you must today at 86681064222. Request a free guide on healthcare and retirement planning is crucial and may even help lower costs and challenging their paying for health care in retirement is a major issue is just the first step. The next step is to understand what these costs will be and to incorporate them into your plan that number again is 8668106422. Securities offered through securities America ink member ten rat SIPC an advisory services offered through securities America advisors Gary Armstrong representative Armstrong advisory group and the securities America companies are unaffiliated. Pat Boone here with a word about banks' safety do you think your money in the bank is safe. Won't bank on that a generation ago bank account felt secure and they paid interest. This encourage the virtue of thrift savings but today. Bank accounts paid virtually nothing and have shifted from low risk to high risk return apple did you know your money deposited in most US banks. Could be subject to limited withdrawal. And even confiscated by existing executive orders or be here this. And that's just the first of nineteen risks explained in a new 32 page white paper entitled don't bank on it. Still think you're bank deposits are safe. Yet this vital new white paper now call toll free 8051960. To 71. That's 8051960. To 71. 8051960. To 71 or at Swiss America dot com. Find your favorite news photos and sports updates on your phone when HP mobile from the Associated Press the new AP mobile is now available for free and iTunes AP mobile where the news gets its news. Are you thinking about transferring your home to your children in order to protect it from the nursing home. Did you know that if you do you put it at risk for your children's creditors including future divorces. You really wanna write a check tear former son or daughter and not justified Acura own home. Not only does transferring put your home and rest it can also create a huge capital gains tax when they salad. Right now the federal capital gains tax can be as high as 23 point 8% and that's an addition to your state taxes. There are better ways to own your real estate Beckham protected from the nursing home. Keep it away from your children's creditors and avoid probate and not cause unnecessary estate taxes. Talk about ski in the law firm of Cushing and Elena put together three new guide to the risks and rewards of real estate ownership. This free guide will show you the best read on your real estate. Call now for your copy at 866848. 5699. That's 8668485699. There. Okay. You're always hold on your checkbooks and give your portfolios break. It's time for the financial exchange with Barry Armstrong in Kim Keller again from Wall Street -- you're street Barry and -- have got you covered peaks the financial exchange with Barry Armstrong and team carried him. Welcome back everyone it's it's it's great to have you with us this morning I'm Kim Kerrigan along with trucks. Here Armstrong enjoy a couple of weeks off and that we have a good time with the confidence that he is. In the meantime we are back here we've been looking at ten. All kinds of things related to 2014. And looking ahead to 2015 I think probably what a lot of people are doing. This time a year he typically do. And we paid peaking a little bit at housing. We you and I were talking. About the case Shiller report came out this morning housing down just a bit in October. As compared to around September. And an and looking at the trends a lot of people talking about housing in 2015. Where it's going because he certainly is a rule reflection of what. Is gonna happen in the marketplace and in the economy and so. Yeah I am and I think that when you look at where this economy is now on. It's you know there's a lot of talking ever worn out loud there right now likes to talk about how we're gonna have 3% GDP growth next year in this in that. And I think that you know you you do have to kind of balance that with the reality that there's always unexpected things that come shore and as much as you want to believe that you're gonna have that type of gross you know did you do have things that come up whether it's natural disaster. You know commodity prices moving around there's always something that happens that throws people often. People were really surprised in 2014. Housing rebound of the way it did because we started so poorly thanks to weather issues says you know with the first quarter. A 2014 so like you said things do certainly come up and have a real impact on housing to continue that conversation with the senior economist of zillow. Coming up a little later in this half hour but in the meantime mark Stephens is joining us from the Wall Street Journal and she's gonna talk to us about UPS and FedEx and the kind of season that they had. Laura first off thank you very much for being with us it's great to have dialogue. You bet you we talked a lot here on this broadcast in the month of November about. How these these delivery companies were gearing up in getting ready for the holiday season hiring a lot of tents. And really needing a good season because last year they got behind the ball with all the people. Who were ordering online so how did things shake out this season. Well I think economic matters that aren't they act much at electorate is under which would be helped about last year. Ballot problems there are many arms a lot of different things happening armed with with the thunderstorms happening fell. That was the data or a pan and then I'll bet you know. They can't hire you know an act it out than seasonal workers keep at heart and I out under a tiny act out and and video about couldn't really ask ten million dollars ending and based on them early estimates are being on Sidney. Tracks ninety packages that that they had about 98%. A packed writing on I'm on the need for. Egypt but you know that the overnight packages. And act and carry you a paper I read yet but here and attic at ninety per patent belt. Much better reform and not that the and the numbers being throughout the heat and they did other. So what are the chances that some of those tents out that you talked about the seasonal workers will be able to hang on to their jobs after this holiday season is complete. I'd I thought he emphatic about earlier that year and bag pay you like higher on worker and act. Yes and I'll pair. At parted as seasonal workers sorting packages Pacman college. So that is on the EU IME. Commerce is it in a rapidly Ray Allen and he asked Jack is an enemy a bit deeper on about their packages. I when he teamed so it's something you know it was mean and they are hiring new workers in opposite I'm more patient. By not happening you hire many more are well. People. No I before the holiday season started they were talking about some of the moves that they may make in 2015. To be more efficient. And and when reading some of those suggestions in those proposals. I was under the impression that they may slow the business down just a bit because they would start. Only delivering regionally and and some suggestions like that have you heard anything more about that. Are now I mean it you know both companies have and I am e-commerce and anxious. Some of these lower revenue orally packages come you know with Greek shipping and all agree at Lee's career ordering online. And they've been acting and honest ormat. Shifting which are eager for the retailers and cheaper. Use it because you are there actually being crippled that are at get a laugh my mail you your door. Battle I mean they're definitely using at a lot more very. Aunt and an agreement your door. Able to get a look at the legendary track letters but that's definitely on the need to. You know. I and I guess one can understand that because again that e-commerce issues certainly has been there. Did a great thing for August delivery services but at the same time has been their Achilles heel certainly was last season and looks like they've made up for that. Definitely I mean they actually aren't very strong in his ear and accompanied the bag on. Then you know it would be really helpful to what was it and then today at eight it's really out the arm. It is flight for just so easy just asking you received very if it. Whether it be better and they got it can't act. Well it's it's good news for everybody we hope that they keep a lot of the seasonal workers on that certainly makes a big difference when it comes to unemployment and know that some of these companies were actually offering bonuses if he stayed on for the entire policies need get a bonus for his music and on so. That's good news for workers. Thank you very much for joining us and happy new year. Than. Yet it's I think that when you look at these companies right now. I think last year you the winter of 2013 was a real wake up call for FedEx and UPS because there were so many noted issues. With regards to the timing of packages and packages not being delivered and delivered the wrong place and I think that when you look at. What that did they they simply couldn't afford to get it wrong two years sure that's right and especially those the one thing that I think you're going to see this is going to be very interesting. Especially since you do have some legislation not legislation but some rules that are coming from the FAA shortly with regards to drones and Amazon has made no secret that they want to be in the business of doing actual delivery and especially. With what they are doing now in terms of building out these regional distribution centers that we talked about yesterday. You look at that and say. Is Amazon actually at this point that there a boon to these businesses. But are they actually the biggest threat in the long run if they're able to take delivery into their own chair that's something. That's something that I look at and say OK Amazon is finally getting the point where they have the economies of scale. If they get the legislation in place where they're able to take delivery in their own hands. Would you you have the middleman and you are on out now you know you're here you're gonna see companies like FedEx and UPS have to slash prices in order to be competitive there. That's it that's gonna change the landscape for sure yeah really and is there's there's nowhere else the only other company that could maybe do that is Wal-Mart since they could pretty much turn a lot of those facilities into distribution centers. But there's you know you're not talking about a lot of companies that have that capability in that scale to do. And you wonder about those online companies that rely on line. FedEx and UPS yet maybe a part of Amazon are part of Wal-Mart in this current companies they're gonna him up to. They're gonna have to look into doing business in a different way as well yeah I mean there there are always be a market for those companies the question is how big it can be and at what cost. He let's a quickly as we look into the new year about a couple of IPOs that are coming up that I think of the familiar with a lot of people. The first one is on flex farm out this is a pharmaceutical company it's based in back day. These guys have only been in operation for very short time that your half two years they've raised some decent money. And there are headed out to to raise some more they're losing money which is pretty typically have a farm. You know in the early stages but yeah developing which is what acting is really interest in their developing. I'm of two Rogge. That will eliminate. Cramps in your muscles horses essentially what they're doing. And you know a lot of these farmers are looking for the answer to cancer and what not and that's certainly important. This seems pretty simplistic but it's not but it's something that can be used by so many people if they can be successful. And what. I think he's really interesting is that are the people that they've got to invest. Up to this point. Which grossed back. I was of course one of the co owners of the Boston Celtics got that Kraft group. These sports owners are very interest they wanna for their athletes course they do in what these guys can come up with yeah. And and how quickly they can get this on the market. So they're looking to go public and that should happen probably in the first quarter. Of 2015. And then I'd IQ remember eating at chick check. I can. Let me tell Asus takes second base not familiar with that to burger chain it's pretty similar to a five guys that Paula. It might be a little bit more upscale it's certainly not upscale by any means right but they are looking to IPO next year. They filed actually yesterday before that IPO and this is a company that essentially. Had revenue about 84 and a half million in 2013 up 45% from the year before. Had a profit of five point four million dollars and 2013 so they are profitable at this point. And I think this is going to be very interesting to see how they do since you've seen this fast casual type of dining right really boom with companies like chipotle and panera and they're clearly looking to tap into that and obvious their biggest competition is gonna be for five guys that's. These companies those that are running down the likes of McDonald's ran out of business alive salute put you especially you look at the value proposition that McDonald's has now. It's you're paying three dollars or four dollars for burger that's not very good. Where you go to a place like a shake shack you paying five or six which a dollar to more but the quality is much better yeah much more customization. And I think in general it's just it's a much more comfortable atmosphere for people to go to. So very quickly origin of this restaurant this person who owns it Danny Meyer Denny Meyer opened hot dog cart in Manhattan's Madison square park three years later. A more permanent place in that same park now that was in 2001 that we got 63. Shake shack restaurants. In the world. And the company has revenue of 84 point five billion dollars up 45%. From the year before that in 2013. Posted a profit of five point four million in 2013 deaths 31%. From 2012. So. Shake shack it is going to be out there and I PO coming up here pretty quick and Hewlett Iguchi chipper. Maybe it's something to write over in Cambridge if you wanna take a look there's one given a shot now in Harvard Square but they can break everybody listening the financial exchange. It's Barry Armstrong and Ken Kerrigan. Right here in the financial exchange radio network. Investors searching for relatively low risk investment that can easily be converted into cash often turn to certificates of deposits or CDs leader bank is currently offering an eighteen month. CD was an impressive. One point 25% EPY for new accounts with these kinds of rates now as an ideal time to take advantage of this great opportunity from leader bank to learn more about the eighteen month CD with a one and a quarter percent EP why call 8776917900. Today or visit one of leader banks conveniently located branches in Arlington Belmont Cambridge or Burlington earned more interest on your money today stopped by a leader bank branch or call 8776917900. To learn more with the bank a step ahead minimum deposit to open and earn annual percentage yield as 1000 dollars Massachusetts residents only penalty for early withdrawal including iris penalty which may reduce earnings rate subject to change without notice member FDIC rate effective November 4 2004 team. Are you thinking about transferring your home to your children in order to protect it from the nursing home. Did you know that if you do you put it at risk for your children's creditors including future divorces. You really wanna write a check tear former son or daughter and not just to buy the Acura own home. Not only does transferring put your home and rest it can also create a huge capital gains tax when they salad. Right now the federal capital gains tax can be as high as 23 point 8%. And that's an addition to your state taxes. There are better ways to own your real estate Beckham protected from the nursing home. Keep it away from your children's creditors avoid probate and not cause unnecessary estate taxes. Talk about skin a lot from at Cushing and Elena put together preen your guide to the risks and rewards of real estate ownership. It's free guide will show you the best read on you real estate. Com now for your copy at 8668485699. At 8668485699. Investors searching for relatively low risk investment that can easily be converted into cash often turn to certificates of deposit or CDs leader bank is currently offering an eighteen month CD with an impressive one point 25% EPY for new accounts with these kinds of rates now as an ideal time to take advantage of this great opportunity from leader bank to learn more about the eighteen month CD with a one and a quarter percent -- why call 8776917900. Today or visit one of leader banks conveniently located branches in Arlington Belmont Cambridge or Burlington earned more interest on your money today stopped by a leader bank branch or call 8776917900. To learn more -- bank a step ahead minimum deposit to open and -- annual percentage -- as 1000 dollars Massachusetts residents only penalty for early withdrawal including -- penalty which may reduce earnings -- subject to change without notice member FDIC rate effective November 4 2004 team. Hi I'm Joan Lunden and appear worried about your parent Carol Loveland living alone like I was. And you are reliable senior care information. And call a place for mom. The nation's largest senior living referral service you'll get free information on assisted living. Alzheimer's care nursing homes even important financial information. They had obviously researched every place not just given me names. They found me a place for which she could afford and it was magnificent. We're now. Very confident that she's safe and they just helped every step of who to thank them. So if you're struggling to. Find reliable senior living information call plays for mom this is a free service and you can trust them to help you. If you are struggling to find reliable senior living information for your mom or dad. Didn't call or go online to get the free help you need during this turbulent time call now 804677530. 804677530. Text your questions or comments to 68680. Its Barry Armstrong and Ken Kerrigan. On the financial exchange radio networks. Everybody the financial exchange our listeners to exit after it she checked served your line and use that yes. I say so I went to a party to shake shack where they had beer in one I don't know if that was served by the but I'm guessing it was if they allowed it to be in the. I would imagine so because. It cancer kinda. Well Jeff that's some type of licenses to allow people in so I know what whether or not they serve you can bring beer and wine in the he. Should be one way or another you can get something not a placebo thank you very much it is our listeners that. I don't go to five guys that can't get a beer but I'd shake shack I guess it does have those dilution cajun Fries though. Do you like them lose a little bit it is just a little. That we have five guys on. It to than not the worst thing ever. I know they're accurate right there aren't great for him but they're the worst thing. You are less trivia question was what was the capital of Washington told it was Libya genes that he's into expert. He took a blanket home today it was sick thanks to genes for listening today in and he and other trivia question we Starbucks. Found. On of that when you know I don't know that. We are Starbucks like the state of Washington that I've never been it's never been it's very pretty and it's coming here yet and yet at the same time it's kind of back woods. Never been there as strange combination realize it's true you have never spent a lot of time and that'll Pacific northwest near the coast I've got respect gotten yelled to Idaho Wyoming pristine stuff but still a couple states over there beautiful beautiful beach area. Japan and the team. A man yeah ago talking to retreated on United Airlines because United Airlines is going to be suing this young man and yes this. Is an unbelievable. This is a this is an absolutely phenomenal stories are United Airlines. Is suing a nice young man act horror examine. Who founded a Al website called skip lagged dot com last year. Twenty Q and essentially what this company does is with a lot of airlines. It actually may be cheaper for YouTube book. Your flight through a connecting city and it is so the connecting city may be your final destinations in what city you wanna fly to Saint Louis guy. It may cost you huge wanna go straight to Saint Louis may cost you 400 dollars but if you're booking and going to LA rue Saint Louis it may only cost you 300 dollars or so. What skip flag does essentially it says okay we're gonna book you on that flight to LA. But he does get often Saint Louis don't OK I know no baggage exactly so it only works if you're not checking a bag you need to make sure that that was the bags going all the way through the not taking that off the plane. But only works if you go one way. Exactly so when you looked at you know what this does it allows consumers to find cheaper fare possibly end. The problem is airlines obviously lose out on that money so what they are doing is they're suing. Skip black for 75000 dollars due to unfair competition. And is promoting a strictly prohibited form of. Trap well I'm actually shocked. This has been allowed to occur because. A security purposes I mean if someone gets off the plane with no baggage in a location that was not their final destination. I'm shocked that it you know arrest. One. Well because that would be really great way to not be tracked. If you are a terrorist if you are off the plane and you definitely try they know if you got off then yeah but I mean and that lives there you know that's that to me seems like a note note I do agree with me does that sound. It's crazy that this earlier goal or that issue. You can't just get I think if you never get on the plane that's a conservative you've already gone through security and you're getting off a plane I don't think that's a problem. Oh I do if you if you never go through security and never get on the plane and your bags which. I guess they probably hold you back if you if you want it I want you to believe that I'm going to Los Angeles. But I'm actually getting off funds in Saint Louis they know that they have the made that they don't know that time Marty often gone. At that to me over they don't they know where you are it's no different from if you word you know some if you were some morals they still know they don't know where I am now we're giving people ideas that they don't know where I am if I've gotten off of the plane. And meeting night fever terrorist friends and we're gonna blow Lambert now. I think they know that while they know that. On the manifest if they see that six is if they see sixties empty they're gonna know that you're not on that plane. They're not gonna know it by the time that plane lands like it all they know well how that no they don't have the flight attend they take that when the plane takes off don't know that. But what it what if I do it immediately. Immediately over or whatever however some analysts. I don't see it as a threat. I do how how is I I don't I don't get how it how. Security is getting often in and stop over. At 60 you don't get off at the stop over you leave Heatley the security area you are you're security threat for whatever reason you're trying to lead. That that guy airline to believe that you were flying to someplace else you know baggage something that will you have no baggage and what's the threat. Your meeting someone who's authorized it. I sort tux thing at the end of the day they have they don't know where you they know where you are the second that that happens. Also what it. If you're terrorist you don't care they know where you are. They knew where I would never done on those airplay I would get on the plane by what you do is drive if you don't want to know where you arrive you wanna get there. I disagree if if you if you want to hide the easiest ways not to get on a one way flight how are you I don't think it terrorist necessarily what's high and they're trying to hide. Just setting them up is setting up an opportunity for someone. To. She go. Do you believe people to believe they're going one place and go somewhere else and cause a problem. So if okay so it is of the get off in Saint Louis. Together and I think they're going glossy and you think they're not to know where they are. I think inaction over the air to the back up in the year and they're gone and Marty immigrants who was doing whatever. You know that I and I just I guess I'll look houk who cares who emanate. It doesn't matter if they don't know if if if you're not on the plane it doesn't matter they're gonna know that you've got off the plane. Well I I I'm there's well there's all kinds of video like they're gonna know that it's you well we're bringing into it a whole other element that has nothing to do with why this kid being sued though. I just think it's a security risk and I'm surprised that these hasn't been stopped are ready but having said that that's not why they're suing they're suing because you're kitten. You're getting it cheaper flight. Yeah it is pretty much it's it's being the airlines at their own game and my advice is look if airlines don't want this to happen don't make it so that you can do that right heavier tried to book a one way fare. Our book when my affairs out brief question now. San. It's very Armstrong and Jim Kerrigan right here on the financial exchange radio network. Investors searching for relatively little risk investments that can easily be converted into cash often turn to certificates of deposits or CDs leader bank is currently offering an eighteen month CD with a impressive. One point 25% EPY for new accounts with these kinds of rates now as an ideal time to take advantage of this great opportunity from leader bank to learn more about the eighteen month CD with a one and a quarter percent AP why call 8776917900. Today or visit one of leader banks conveniently located branches in Arlington Belmont Cambridge or Burlington earned more interest on your money today stopped by a leader bank branch or call 8776917900. To learn more leader bank a step ahead mineral deposit to open and earn annual percentage yield is 1000 dollars Massachusetts residents only penalty for early withdrawal including iris penalty which may reduce earnings rate subject to change without notice member F. Yeah see right effective November 4 2014 this is Barrett strong and I'm joined today by estate planning attorney Todd blocks from the law firm Cushing handle. It's time for your legal exchange quick tip of the day were talking today. About the different ways that you can owned real state and Todd I wanted to ask you this one. What are the implications of transfer your whole C just take your home and you give it to your children. In order to protect it from the nursing clients he had somebody asked me this yesterday sixty years old. In the heard about the same transferring in using only the state. Yeah I kind of makes my teeth itch. Really you know GAAP putting your kid's name on anything while you're living is frightening with or without the life of state so your question was interesting it was. At least using a life estate does provide the parent the right to live there that some protection I I feel better about that but I really don't like having the children's name. On any property for the following reasons one when you do that it's a completed gift to you've lost all control over your order anymore. I worry about if the kids go through a divorce and ex son in law the ex daughter and when your house like. Number three Izzy you know Ali you know I don't you've now subjected and as you just said Barry took their creditors and does that. Necessarily have to be divorced does it could be a lawsuit business failure anything. Could be any creditor and so the -- basically that creditor has the ability to get the ascent to pay them back which means you lose your home I certainly don't like that idea not to mention there's also a tremendous amount of tax problems associated with doing that so don't don't do that. Our rate I've got some advice. Or you learn the best way to own and protect your home your vacation home in your rental property. Call for Cushing and old brand new guide to the risks and rewards of real estate ownership 8668485699. That's. 8668485699. The guide will teach you all about the risks and rewards of real estate ownership whole free 86684856. 99 you may be wondering if you've saved enough to make it through retirement now add to that concern about health care costs and your stress level may be shooting through the roof when you're not alone researchers report that more than half of retirees. Are not feeling confident that they have saved enough to pay their medical expenses during retirement if you feel like your included in that category then we have help for you must today 86681064222. Request a free guide on health care in retirement planning is crucial and may even help lower costs and challenging they're paying for health care in retirement is a major issue is just the first step. The next step is to understand what these costs will be and to incorporate them into your plan that number again is 8668106422. Securities offered through securities America ink member finreg SIPC an advisory services offered through securities America advisors Gary Armstrong representative Armstrong advisory group and the securities America companies are an affiliate hi this is very Armstrong from the financial exchange recently I've been hearing many reasons why we should consider buying gold geopolitical uncertainties stock market corrections you name it I don't disagree with the idea of buying gold but I have always been suspect of the ads that I see on late night television for even the ads frankly that I hear on the radio I like to buy gold from a local institution that I trust I owned gold and I bind my gold coins from leader bank I walked right into any leader bank branch and I can buy American Eagle gold points leader bank is a local bank with. Branches in East Arlington Arlington center Arlington Heights of Belmont Burlington and Central Square Cambridge bay locally and buy your gold coins locally it just makes sense give leader bank a call and learn more about their gold coin. Programs 8776917. B 900 or visit leader bank dot com leader bank. A step ahead not a deposit not FDIC insured not insured by the federal government agency not guaranteed by the bank may go down in value. Yeah. Follow him on Twitter I'd KK carry him you're listening to Barry Armstrong and Ken Carrington. On the financial exchange radio network. We've been talking about the state of Washington throughout the day with our trivia questions in last trivia question was where was Starbucks founded in checking the answer that Seattle Washington Seattle Washington Mike from. Easton Massachusetts knew the answers to that as well it might thank you very much for listening let's get our last trivia question out there before Leo we go to our interview. What year did Washington become a state if you are idiots you can text us at 6680 what year did Washington become a state. And we are now fortunate to be joined by Schuyler Olson senior economist at zillow and our thank you for coming on with us today. Absolutely so there's a job report that came out about a week ago. Talking about negative equity and that obviously has been one of the major problems in the home market. Really over the last several years now and what is this report showing you this. How well he won or haven't you looked at as you know we we won an off how many more are still without their old war on the board it is. Then their home and actually were made not a good as for your area and bystander as bad. That number has come down significantly. Right at peak levels 22%. Of course homeowners and bought and sold more on the mortgage than their home was actually a word. Now it's all the way down at nine point six though a strong strong recovery there. How does that compare to the national average. Ul nationally there's still around seventy suits the long long way to go. At the peak was also. Much worse as well right they'll pop and kind of paired better through the housing bubble and bust. What what's a good historical comparison just is is it you know in that it's 9% ranges at last what what are you typically seen in most cases. We typically talk about you know a healthy level being under five metallic kind of hard that day led. You know historical levels were considering you know the housing crash really gave people a reason to look at that number and it's a little bit harder to go back and. So when you look at what this says about the housing market heading into 2015. Is this something that you can view it in a bullish Slater is this something that you know is you still have to be concerned about here. What would come up to be a little concerned made hold value appreciation across the country is flowing down significantly. You know a lot of the viewer at home by party coming back up their last. You know investor activity. Snapping up called inventory of returning all the spent their good. Rated depleted all our stable market but what it also means is that negative equity will be here Wednesday ray itself that it actually dropped more than. And pot then re having ever really got cut from a peak levels. But you know as we continue want hope and appreciation slowed down. And now all negative equity will drop as much in the years to come the next there were predicting it a Ilia the same lab. So as you start to see you this negative equity. Become a small percentage of all of the overall home picture did does that mean you start to see inventory loosened up a little bit as more people were able to put homes on the market. Oh yeah definitely and that's one of the reasons why we need inventory return as it has over the past year. Maine as you know when when an event we were it's where incredibly high. Is very expensive to play here halt on the market if you all born here on the network right announced the pain in the bank and the dollars. Made note now that home plate to come back up negative either at their lower. More people can afford to sell their home chase that jobs you know down sides are upgrade. Lever move yeah. Do you have any stats on the breakdown is this a phenomenon that is exclusive to lower class homes upper class homes where. They did it all pretty much across the spectrum. Oh no I'm having the preponderance negative equity really all thought lowered here. Much much higher rates that top tier than many metros across the country are already you know around that 5%. Raised that we talked about earlier raid bottom tier proverb much higher. So in terms of if if you're an individual who is unfortunately you know in a home that underwater all you can really do at this point. It's just keep paying down that mortgage and hope that you see prices go up correct. Yeah I mean that it's really about being a waiting game for many Americans. One and meanwhile we started in Germany accidental. Level rate people who couldn't afford to sell their home beta they still needed in those. The dissolution that they can do is now rent an upgrade and holed on the home for longer. So you know it depends on who you are whether or not you can hand. You know still sell a home is negative equity but yet the waiting game. All right we'll sky or I appreciate you coming on with us this morning. Thank you for all the information they'll be a very happy new year coming up soon. Absolutely that was Skyler Olson senior economist. Adds though and definitely if you talk about negative equity in this is one of the things that's really restricted. Top people from being able to vote most importantly they'll find jobs where they need. And if people were forced to just abandon their homes exactly. What if you if you look at some of the statistics that are out there if you go into Detroit okay. 49%. Of homes in the bottom here. In terms of home value are still underwater right now. 49% that's one in two. If you look at this. You know in a place like massachusetts' much much less still around 25%. Which is still obviously concerning but that that shows you how bad it still is in some parts you're so right it's regional. Boy what a scary thing happened people when you you know that happens and it's got to be very frustrating to just keep in house you know you're just pretty much money into a pit. Wanna and they are hoping that the prices go back up and I think this gets into you know you had it for a lot of folks Ian. You know I guess kind of that baby boomer also in the kind of the beginning of generation kind of in the in that area you have folks who says cocaine at home as my investment and use this Indio. Yet people who were tapping for home equity lines to go get an SUV year for vacations and things like that. And I think that though with the one silver lining of the entire housing bubble is I think that. The next generations are a little bit more reticent to do that type of behavior simply because they've seen what happens when it all falls apart and I think. You know people are starting to look at their primary residence as a resident now as a piggyback ride and I think that's a good thing in the long. Well you know I'd not to fault that generation because keep in mind you know. Everyone was. Raised to believe your biggest investment in your life will be your home you know you'll invest in your home your home value will go up. And eventually he decided downsize you can leave something for your kid's going to be is -- -- and eight and I don't blame the people who the Yankees if you look when you had such a strong housing market for thirty years right he's ago OK you know what you would why would I write what I have to be worried you're out. But I think it's again you talk about in and around Greenspan gave his famous speech in 1996 about irrational exuberance and talking about. And he was talking about the stock market at that point. But you know with anything whether it's if you're talking about real estate departments stocks commodities whatever maybe. There's always a point where you have to sit back and say does this actually makes cents and of fortunately. You know both lenders and borrowers never really did that in any type of significant numbers and that's why we ended up in the situation there that we were in its. Our look at the break everyone you're listening to the financial exchange. This is the financial exchange. On the financial exchange radio network. Hi this is very Armstrong from the financial exchange recently I've been hearing many reasons why we should consider buying gold geopolitical uncertainties stock market corrections you name it I don't disagree with the idea of buying gold but I have always been suspect of the ads that I see on late night television or even the ads frankly that I hear on the radio I like to buy gold from a local institution that I trust I. I owned gold and I bind my gold points from leader bank I walked right into any leader bank branch and I can buy American Eagle gold points leader bank is a local bank with. Branches in East Arlington Arlington center Arlington Heights of Belmont Burlington and Central Square Cambridge thank locally and buy your gold coins locally it just makes sense give leader bank a call and learn more about their gold coin programs 8776917900. Or visit leader bank dot com leader bank a step ahead not a deposit not FDIC insured not insured by the federal government agency not guaranteed by the bank may go down in value. You may be wondering if you've saved enough to make it through retirement now add to that concern about health care costs and your stress level may be shooting through the roof when you're not alone researchers report that more than half of retirees. Are not feeling confident that they have saved enough to pay their medical expenses during retirement if you feel like your included in that category then we have help for you must today and 86681064222. Request a free guide on health care in retirement planning is crucial and may even help lower costs acknowledging that paying for health care in retirement is a major issue is just the first step the next step is to understand what these costs will be and to incorporate them into your plan that number again 88668106422. Securities offered through securities America ink member and rat SIPC an advisory services offered through securities America advisors Gary Armstrong representative Armstrong advisory group and the securities America companies are unaffiliated are you thinking about transferring your home to your children in order to protect it from the nursing home. Did you know that if you do you put it at risk for your children's creditors including future divorces. You really wanna read it check tear former son or daughter and my justified Acura own home. Not only does transferring put your home at risk it can also create a huge capital gains tax when they salad. Right now the federal capital gains tax can be as high as 23 point 8%. And that's in addition to your state taxes. There are better ways to own your real estate beckon protected from the nursing home. Keep it away from your children's creditors avoid probate and not cause unnecessary estate taxes. Tugnutt ski in the law firm of Cushing and Elena put together three new guide to the risks and rewards of real estate ownership. This free guide will show you the best read on your real estate com now for your copy at 866848. 5699. That's 8668485699. Mortgage rates are still at an all time low and it makes sense to take advantage of these rates whether you're refinancing or buying a new home leader bank is a local bank that's one of the largest mortgage lenders in New England with very competitive race ask their experienced staff about mortgage financing options and get a very competitive low term fixed rate for your home whether refinancing or buying a new home work a leader bank call 8776917900. Or visit liter bag dot com leader bank lent over one billion dollars last year to homeowners. In the Commonwealth of Massachusetts. They're the true experts in mortgage financing. Deal with the local bank today and call 8776917900. Or visit the leader bank dot com for all your home buying or refinancing needs 8776917900. 8776917900. Or visit leader bank dot com or email. Loans at leader bank dot com. Well best in business is right here. This is the financial exchange on the financial exchange radio that. Welcome back everyone and as we approach the new year it's it's. And because they'll start talking about New Year's resolutions are you in New Year's resolution and it's not kind of as as I realized and doing something wrong and try to fix it than to it is it it doesn't you know. Do a lot of things a lot of pressure to be in the air after a street is a look when you have a list as long as I do it like okay Gibson that it'd take up the whole next twelve so it's if I try to address they come I'm not. I'm not much into a big New Year's resolution inside the what the hate about New Year's resolutions is that if you ever try to go to the gym in January oh no it's miserable it is because everyone's all ready you know tri artisan patent. It takes about a month to weed out you know Valentine's Day you're in good shape again exit what else does one stop looking good for Valentine's Day it's that passes and say OK I'm good ago so. Yeah it's so true but health is usually something that people try to address at the first of the year yup you're mentioning and I'm here in New England we have something to really be proud about when it comes to health and that's the fact that we MarketWatch are look at the healthiest and the least healthy states. In the union they determined that out of the ten healthiest states in America. Many. State here in New England fall into the category so let's run through. That it deep these rankings are based on the number of different things but the there's some of the criteria were the number of obese. Cardiovascular deaths per 100000. How many physicians were available and how many people visit the dentist on a regular basis. But really interesting note the number ten is Nebraska for example number ten healthiest state in America's Nebraska. They're BC rate was 29 point 6% of the 23. Highest. Their cardiovascular. Deaths per 100000 was 224. But what made this state so healthy is the fact that their unemployment rate Selma yeah all the 4% of Americans in our Nebraska residents in 2013 were unemployed. And that takes away an enormous amount of stress and a lot of health related issues yet. Absolutes are states that have below it you know low lob unemployment rates are states that are gonna appear on this on this chart. Yet the ninth one was North Dakota. Which. Essentially was kind of in the middle of the pack actually in terms of actual physician numbers numbers of people visiting dentists but. They did fortunately have a very low rate of cardiovascular deaths and so that obviously is a major Bob Forrester there. Also on number eight probably not surprising Colorado you can see a lot of active people in the state of the lowest obesity rate yet in the country when he went point 3%. And precious second lowest deaths from cardiovascular disease which was a 197. How 1000 how amazing is it that we're sitting here in the lowest obesity rate in the country is still over one in five tips are still over one in five. Right bright but it's a very active state it's a very new outdoor stage that has yet to do with it. Number seven is New Hampshire or right for New Hampshire density rate 26 point 7%. The seventh lowest when it comes to heart disease there's 213. Deaths per 100000 a year. But what makes New Hampshire really greatest number one they had their teen pregnancy rate is very hello. And fair infant mortality rate is very low which goes to go he ended in very little violent crime also very little variant that. Number six is Minnesota. On the rise sawdust yeah I'm not surprised this you know Minnesota it's a stadium. It's cold as it is in Minnesota. It's or state that's a state full of people who spend a lot of time outdoors or obesity rates low and do a lot of good health care in that area also a number of very. Reputable hospital right there in that area. They said actually one of the few things that kind of bodes poorly for Minnesota is it they have a lot of binge drinking. It's interesting is what else he would do in the cold well that's that goes back to call him ID you know unless you're a hiker outdoors or somebody who. A lot of snow will be doing and whatnot do you have any issues that. You talk comes in next. At number five and their obesity rates 24 point 1%. Cardiovascular rate in the sixth lowest. And they are some of the wealthiest people in the nation. Yeah absolutely and it's it's not surprising also with you know you tell you Tennessee very low drinking rates out there as well so that obviously hasn't helped. And then after that you've really got to trifecta. Of New England states numbers four through two Connecticut clocking in at number four Massachusetts at number three in Vermont and number two. We should be so Alec. Connecticut looking back now that's eight ties when it comes to obesity rates that it is the sixth highest when it comes to physicians. Per 100266. Possessions. Per 100000. Individuals who live in that state dep. Massachusetts the big thing with Massachusetts. We have the highest number of physicians per 100000 people in the highest percentage of people visiting the dentist. Out of anywhere in the country we also the lowest rate. Of people without health insurance only three point 8%. Compared to 50% nationally which has a lot to do with why. Again going back the health insurance issue means that our kids have been vaccinated. Which is very important up when it comes to this kind of thing. It needs of people have been given on information and knowledge about smoking and obesity. And this helps people to stay healthy so health insurance makes a big difference huge difference that your guys number two is Vermont. Yeah and in Vermont I think also not surprising and very active state and also. Kind of on the forefront of the whole organic movement and very natural and I think that is a clear reason. Why you tend to see some pretty healthy people as the seventh lowest rate of obesity. In the country. Also has the fourth highest number of positions per. 100000 residents there and so when you look at that obviously no surprise but the number one Fella let's just David didn't seem listless. Not a complete wit which state do you think he's been. And based on you know all these criteria that we talked about reaping the number one state the healthiest state in the union with big. And to think about. I don't know Mississippi. Not a bad day Mississippi's about that I've had them in Alabama or somewhere slightly at the bottom you know of fortunately. I unemployment low education high obesity yep and then they'll go hand in here and unfortunately Monday when he effort guests. I'm like I'm like well. It's it's a warm weather state which I'm not surprised about. It Hawaii. Yeah and a obesity rate the second lowest in the country 21 point eight it's the basis from the Seattle times they got to look at that look gotta look good. I had the third lowest cardiovascular. Deaths a 199. Per 100000. Lots of doctors in the Atlantic lots of people who visit the dentist. Data they provide a lot of funding you know to their health care system. It's it's a state that in general. Tends to Higgins a very healthy population a lot of people move their for the lifestyle and I think. Because that you know you don't have a lot of people that are kind of just sit around munching on a bag of chips in there more out there doing things and I think it's a major reason why you didn't see the stats like mr. I am actually in some ways although. I understood like Colorado and Vermont these are states that there's a lot about or Minnesota a lot of outdoor activity even though it is winter activity but it is still you know it's activity. I'm surprised more of the states are real warm states. Yeah I mean you blight. See I look at some of you get warned states still in Florida obviously doesn't seem to be very healthy state well it's it's a very old population play and you do have again a lot of that southern fried who died in us visit it decent especially given that panhandle region and it's pretty much like Alabama. Not so I think a lot of uninsured people in the state of Florida you know yell at a lot of people. A lot of immigrants who were maybe venture on I'm surprised that you don't have previously like in North Carolina on the air Arizona or something like that right you know you'd expect those to maybe be maybe they're just out of this violent means. I see one is state it should be and on their bits and yup. Yes there's there's definitely some that you know probably right around the threshold but. I would imagine your worst ones I'm guessing Mississippi somewhere near the bottom of that list that is our only I would guess even you getting to some of the midwest areas where you know you just don't have a lot going on in the winter somewhere like Indiana might be kind of middle of the pack stayed. I think they'll I think. You're right about is that we find out we could look that up and find out about Mississippi's is the worst Mississippi. Because in sometimes West Virginia. Is it might get the legacy that app. And these states again where unemployment is pretty high and those who are employed or employed in positions that are not all that safe and healthy for example must urging a lot of coal miners are found the full list okay worst state tied tied for worst actually are in Louisiana and Mississippi. That and fortunately fine you know you find it comes first off the southern states of food in the weighty you can collect cells not great secondly you find it. Obesity rates often file and and health care rates also follow educational rates. Gets out it's say it illegal handing out. Arkansas West Virginia South Carolina Alabama. Can talk yeah it's pretty much the entire south appears to not be healthy Oklahoma. Continuing Missouri. Who's sorry can't imagine I was stick in Louisiana Rosa press about Missouri actual owners some reserve would have been a little higher that's too bad Indiana and also a 41 match to go. Talk to my friends in misery around the outside. He it very quickly last for being questioned was what you're did Washington become a state became a state 1889. And November 11 eighteen. Brenda knew that rendered aid in Medford. And Brandon thank you very much for calling in thank you for listening today we very much appreciate that. So Washington was our state we learned a lot of analysts and I don't quite a bit that I didn't know at the beginning itself tomorrow for New Year's Eve we're going to be here on New Year's even do a story you know where this time we're gonna do a story about. She campaigns. Aria offers percent. And I might bring some minimal capital tastings and make it what would be the better right here in the Internet are some good great way to go. A department.