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Full Show 4-9-18

Apr 9, 2018|

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This is the financial exchange with the very Armstrong and sharks are. You're exclusive look at business and financial news affecting your day you're sick leave your world stay informed and up today about economic and market trends plus get breaking business news every day. And now the financial exchange with the Barry Armstrong and chuck saga. Those of you would household incomes of more than a 150000. Dollars a year. Son of a gun he should be prepared to pay a little more in taxes. And we're facing the highest gas prices in years and talk about that and then finally. He's disgusting. Food stamps. Is a move afoot to overhaul the program hi everybody it's Berrian might with you here on a Monday. And we'll start off with this tax story. If and I give you the numbers here. In 2018. Top earners now it's households with incomes greater than a 150000. Dollar Michael are going to be paying. A higher share of income taxes than ever before 87%. And I income taxes go forward. It's it's in inch instance statistic because the actual top tax rate has come down since 1980s but B share. At the top 3% is paying. Has continued to increase. I believe in the nineteen early 1980s is around 55 to 60% and our all the way up to 87% at this point. Well in in here at the numbers. Eight households in the top 20% or about a 150000. Dollars a year or more and 52%. Of total income. That that's what they earn in terms of total income so if you're in that 20% if you're making more than. A 150000. Dollars a year that you and your spouse folks if you're in that category. You worry in the top 20% but you're paying 87%. Last year was 84% to 2017. Even with the tax reform bill so what that tells me is that. The elimination. Or they'll cap on taxes that state and local taxes that you can pay. That you can deduct is having an impact and also the mortgage. Deduction being impacted. Is is changing how much people are gonna have to pay in taxes especially in that top 20%. Yeah I mean there's the X amount to there's two things that can be impacting this aid. The top 20% are actually paying more taxes or be the bought an 80% are paying less I figure seeing a lot of that you. The immunity with the doubling of the standard deduction if you're in the bottom 80% you're going to be paying less taxes and you're. In previous years so there's some of that going on to. Because we do in the act. The actual taxes paid of the last forty years has come down. The average effective tax rate the were paying as states have been coming down and down but the percentage that top 3% to paint and going up and up. Roughly one million households are gonna be in the top 1% that's how many households may. More than 730000. Dollars this year so. We've always track this and it changes based on what state you're located in order to be in the top 1%. In Maine were the income might be 400000 dollars to be in the top 1% in Massachusetts the income might be 800000 dollars right but nationally. The top 1% in 2018. Will earn above 730000. Dollars a year and they will pay. 43%. Of all of the federal income tax that's paid across the country that's up from 38%. In 2070. Yep that's an unhappy group of people. Shortage there in terms of how their I'm not sure there's so unhappy. All the do you think that your Macon seven to 30000 exe you might be unhappy two days a year when you go to file your taxes but I think you're doing pretty all right if you're making 730 dollars otherwise we'll point well taken it's it's still. You at at some point I think people get to this this state with the same guy you know I'm working all these extra hours to make lots of income. But I my taxes keep going up well I think you're above the holidays the actual percentage rate of taxes they're paying. Has continued to go down of the years and it will continue and 2018 but it did not see that they were to take as have been let down if you take a look at the total taxes paid as a percentage of total income that number has still continued to decline it's just that we have. A whole the actual tax is collected overall. The top one percentages continued to him more and more I mean as a lot more to do about. The bottom 99% not paying a lot that it does about the 1% more and more now. In terms of gas prices this summer beat prepared to pay a little bit more at the pump. Fuel prices are up eight point 6% gasoline futures Europe eight point 6% this year. And I'll point out what he paid for gas to seventy to eighty gallon. Tucker euros by. Gasket you see just how dare me and I always by guest I've paid 2223 gallon. Yesterday I was pretty go to Virginia Tech companies. Knocked and it's speedway. Speed yeah Massachusetts is pretty pretty game in terms of gas prices where they re not as good as New Hampshire isn't Hampshire but we're not that far off it used to be where such a big discrepancy but it's go to the tape. They pay yeah I mean I was out in California last week and it paid three he 65 gallon a little different now that is. Well gasoline prices are up. Consumption in a shoulders where know what's considered a shoulder season now consumption. Is is already hit levels that are usually. You know in and around the peak season like Memorial Day is when peak driving season starts that's when people are. You know they're going away for the weekend there's the intensity a lot of travel in the summer months. We're already there we are you know I've. We talk by the so I wonder what that prices. Actually impacts consumer behavior to you know have been talking about the auto industry for the last. Several years and this move towards pick up trucks and bigger suvs and nobody is buying sedans troops smaller cars and and we saw that change when gas was up around four bucks a down you think that's where we need to get effort to change again I don't know the day that that was the sticking point glass and I think a lot depends on the economy to troop. Because if you're if gas goes to 4% at four dollars a gallon. But all the sudden instead of making 25 dollars an hour you're making 35 dollars an hour and it's all read it if if all the sudden. Gas goes to four dollars an hour and your income goes down. Point then yours that then you're in a tough spot. Yeah sorry right now we're at. Average 278 gallon higher since 2015 million here it's could be even higher this summer abuser and since. Retailers are worried about a food stamp overhaul why would a retail why would Wal-Mart or target. Be concerned. That the federal government is an overhaul the fiddles news nutrition assistance program meanwhile do you think it's Wear this all the money gets spent more than half of the total food stamp dollars. We're spent a big box stores like Wal-Mart like target last year and an increase from 2015. Down at 47% it's gone up 5% since then. You take a look at some the other Sergio thing about Family Dollar for instance the 5% of their total sales comes from food stamps will listen to Wal-Mart numbers thirteen billion dollars. Last year in snapped transactions accounting for 18%. Of the money gets spent through. The snapper. The eight so. For every hundred box Wal-Mart get an eighteen dollars of food of that foods to him that's why Wal-Mart to word yeah I. I haven't done that I wonder what percentage of their total revenues that makes up on thinking. One or 2% from Wal-Mart now where some aiming failing dollar 5% of your incomes coming from him snap spending that's. 5% a really big numbers that gets cut in half a company like Athens in serious trouble I era in addition CM's OnStar in a step into this as well they're doing a pilot program to. Basically spend in food stamps online which are the and in they're trying to get into that yeah I mean they see the opportunity right they. Amazon their customer. It is completely different from Wal-Mart and they're looking for expansion. That's the years and trying to expand choose to lower income earners which they really don't have a grasp on where's wal mart's trying to go the other direction. You know your when you look at it. One of the groups that also opposed to changes in the food stamp program would be farmers. Her farmers elected to two seat change because they sell food to those big box stores required you're talking about. But the proposal coming out of the Republican party's is to make it. Where if you're able bodied adults between the you ages of eighteen. And retirement which would to me B 67. Right they wanna make it tougher. In order to qualify for federal assistance in terms of food yeah I mean Woolsey we'll see where this guy a break down the soundings. In Maine right it is glad it worked it is the right now it's eighteen to 49 so if you're fifty years old he can get. Food stamps without having to work or pardon what Republicans are saying is he if you're 63 years old we want you have to go to our I don't see anything wrong. In an egg if you're an able body and it is one thing if you're disabled or it but if you're able bodied person male or female. I don't see what the big deal looks. Yet the I think what would they didn't mean what was it. Work requirement or certain number of like volunteer hours in alcohol and all of a sudden the admirals what we'd now weighed down. I'll see what it does that mean but it 66 billion dollars in cost is that the the lifting the problem they're gonna have is they need sixty votes in the senate in. I don't I don't see it happening quite frankly I don't see this getting through you know now a position to complete opposition from Democratic Party moon. If you know a few Republican senators have you moderated because you know other language history and is the farm bill right there the other things attached to it it's not just going to be. Afterwards. It's so sick. Should work requirements. Beat tougher in order to qualify for food stamps that is our pull question of the day. You simply go to our website financial exchange showed dot com to participate in the poll. If you have a comment on that topic you can send it to us or text number is 63566. When we come back we're going to be talking about Vermont dairy farmers. In wider haven't such a difficulty. Or difficult time competing with Canadian dairy farmers that's our next topic on the financial exchange. Like us on FaceBook and follow us on Twitter at TSB show you. Breaking business news is always first break here on the financial exchange radio network. It stayed an asset protection claiming can be overwhelming. Where you start and how do you know what type of trust is right for you the law firm of Cushing in Dolan has been creating a state plans for folks in New England for more than thirty years and they can help you do with all the different types of trusts available it's understandable that there can be confusion when it comes to estate planning. Do you need to rent a global trust do you need an irrevocable trust if you don't know the difference you need some expert advice in this month Cushing in Dolan has put together free guy that'll help you decide the best plan for you in your family you can receive this free guide the differences between reputable and irrevocable trusts by calling 8668485699. Picking him and show you how it's possible to eliminate your estate taxes well at the same time protecting your assets from creditors and long term care expenses call right now to give this free guide an 8668485699. That number again is 8668485699. Or download it right now from their website legal exchange showed dot com. If you're landlord looking to find an easier way to collect rent payments than you need to hear about leader bank's online rent collection product called zero and it's a great service for landlords allowing them to collect tenant's rent payments electronically and see rent dot net without the need to collect checks mostly in their dues local neighborhood banks to do their business and now a collection of local banks are offering this unique program including leader bank and stolen bank member FDIC. If you're a landlord and are interested in having your bank required does he ran technology Tillman McCall does he ran team at 781 at 6418691. That 7816418691. Or visit Z Rand dot net stop chasing down late payments and running to the bank to make your deposits at your bank to add zero to its list of offerings. Visit C Rand dot net or call 7816418691. For more information that 78164186917816418691. Or zero rent dot net. Hi everybody it's very Armstrong and Jake two Lian we're talking about a program called Z rent. Now this is specifically. Designed. For those of you who are landlords and used to collector checks with paper checks are gosh maybe still do. Was he rent allows you to collect checks electronically. Jail is hoping he could spend a little bit of time explaining how easy grant works and why it's a big advantage for landlords. Absolutely vary so we we develops the rain to sodomy Holdren who else because right now. You know with the landlord when you're getting rain checks. It's low it's unpredictable. Missing envelope the right. Mostly waiting you might not get all the rent until the tenth or fifteenth of the month furthermore if your landlord on vacation in your race thing you know boxed up to what he does is it really gauge they'll. It makes the rent electronic payments it allows for roomy cheering for multiple roommates and apartments that's great if you're renting out to college student asked Hulu. It's predictable it comes at the same time every month. And it's all on me. So the landlords who have been using assisting huge time savings and ointment you are you still giving the first six months free for landlords the first six months or free and then in addition to that. If you bank at one of the participating banks he ran is always brief. Those participating banks are meter paintings the enemy that she's got it but any bank could sign up right now to keep you at a bank in Vermont Connecticut. They could sign up and become part is the rent yup you your if you have a community bank that wants to be a member have them call us and have them sign up and the service will then be free free. All right if you wanna learn more about easy rent. Go to Z rent dot net even give McAuliffe he wanted 8776917900. If your bank doesn't operate they can sign up for zero it. Go to zero rent dot net or call them told free. 8776917900. Security suffered through securities America income members finreg SIPC and advisory services arbiters securities America advisors think Gary Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. Join our brand new tax club by texting the word ferry it's a 63566. To send your first and last name and get involved today you're listening to the financial exchange radio network. This segment is brought to you buy dot Leo. At the obvious it's all about the guests and I'll tell you the obvious happens to be my favorite restaurant Peyton let's talk about the milk industry. Vermont's milk industry. Is really struggling it's it's in trouble you've got dairy farmers in Vermont that are literally going bankrupt and out of business. And then ten miles north of the border you've got very successful. Canadian dairy farmers that are doing quite well. How is. Well take a look at the price of a gallon of milk in the United States vs Canada and that'll answer a question for. Every candidate does not have a fully free market system Cutler is idled by down you know I gallon by two gallons of milk a week is like. Once it to fifty. Debt cash so my marriage. And you go buying candy apparently. Says American Canadian system puts out quotas they say this is how much milk. We're going to produce this year they were in their set they set the price that fixed the price so yeah Canadian dairy farmers and a lot better guess what it's because it's not a free market. The free market. The price is going to be based on demand and supply and there's you know. Clearly an oversupply in the United States and Vermont farmers. And I think maybe you live in one of the high you produce milk and one of the highest taxed states in the country right labor's really expensive. I'm not terribly surprised they're not going to you know that he is the shame of it news. You know these are family farms that they're not you know there and they're not big farms and I have a hundred count right now. That's a tough industry and it certainly. Gay if you're farmer your wheat farmer. My cousins were wheat farmers in Saskatchewan. And you know the that's a business where. If it's intense but you're really busy. During this spring and harvest season. And then it slows down in the winter if you're a dairy farmer it's twelve hours a day you're on call. 365. Days a year it's really an atlas where you need to eat dairy farming is just a is is a much tougher industry then. And wheat farming. And it's not subsidized by the government he do wonder though right it is that the rate figure if you choke out. The American Dairy business right and all the sudden you get. Dairy farmers that are going out of business rate left in the sideways. What does that eventually due to the price what does that do to our ability to produce our own food. Yeah I mean I think you've seen this in a lot of the farming industries where it's being in. Basically taken out the small guys and you know we have much much larger firms today and we did fifty years ago and you have these giant. Huge productions. And then you know I've been there and then consumer demand shifts a little bit and they say you know and I only wants. This type of product and we want a Smart small farm this or that and it goes the other direction a means you've seen that in some of the the meat industry's race in it and chickens in it and in beef and pork consolidation. Yup the big consolidation. And TP IX is it because you buy a ticket for three bucks a pound Ramey is Hillary's little chicken farmer out of business yet I mean is looking I think the average I was just looking at an average gallon of Melbourne has gone for 239 again on nationwide. And I would guess I don't know but if you go over the border to tend to buy your product or five bucks and so it cuts both ways. The ten states where student debt is a problem and I just looked at this tonight several how many of these states are in New England. New Hampshire has a real problem with student debt. The share of residents with student loaned this is shocking. Share residents in New Hampshire with student loan debt. Is 20%. In the median student loan debt. In New Hampshire is 181777. Dollars. The median student loan debt elections over ten grand almost eleven. So the other states on this list eyes they're really doing is based on you know what percentage of residents have student loan debt. What's the highest amount and much of that is in using collection. DC is the worst New Hampshire Pennsylvania. Massachusetts is number seven on the list. It there's what how many people live in mistress seven million. That means they're saying that 19%. Of our seven million people. Has student loan debt in the median student loan debt is 181487. Dollars. I just seems like a lottery if you it. Is that eighteen is it 19% of people who graduated college recent and a share of total residents that title populist. Seems slow to me as we thought we got a very young population in Massachusetts I think. Do you know people with more than 181000 dollars a student and a most people that I know that graduated college graduate with an 181000 dollars to. Renault S. I know several people more than that. Yeah several I would say. Most people that I know under the age of your wife went to graduate school when you and when she was all done. And lately I've I've read stories were lawyers. Have you know 2300000. Dollars of student loan doctors. Very common. I've I've got a niece who's who's a doctor she's not a big piles student loan you know I was what I guess that's why the numbers so high yeah I mean it seems I was looking through this list and trying to figure out is there common theme behind all the states additionally on the list you had. Minnesota North Dakota Iowa. Massachusetts Ohio Colorado Maine natives on the list. Made a mistake median student loan debt in Maine is 161700. Dollars and 19%. Of residents. Have student loans and wondered remarkable and wondered if the reason for all this is that the average age in the states is pretty young. We have a much younger me and is not remain as an old story means an overstatement and surprising to me again the same at New Hampshire yet known when on the hand she's getting younger Kazaa that you go to southern New Hampshire with a lot of young fan yells in southern New Hampshire. I think that's a shocking number to think that one at five effectively one out of five talker and talk overall people there have student loan debt not for them because. Just about everyone under the to thirtieth in the. Yes I student loan debt yeah I don't ever want to bridge I guess I guess I don't know enough the people that has. That are under thirty group mag it's just you talk about the no I mean it's not something you bring up at a dinner party which do Monday you know he barely barely afford to make your payments it's not you know it's not something that you would traditionally bring up in the normal setting it. Now I mean game. Think about it re a talk about what is the cost of northeastern right now. That's sixty minutes and sixty maybe without room and board and books about an honest haven't known. I I I eat I think if you go to northeastern. I'm gonna assay and and I'd say the same thing about holy cross. I'd say the same thing about UAL. Providence College they're all nets this ecologist attendance for Northeastern University is 68537. Dollars so with Dotson. He's got together couldn't a lot of money the F it's huge night but then. But don't that the kids get a lot of money like it that's the sticker price right. Oh yeah yeah I know I know any isolated site I understand that back. You know let's say your pain after that he still would have 35000. And there's not a lot they it was you can write that check in the out of pocket matter lightly this moment so high. Hey when we come back for a talk about the states. That have the highest and lowest tax rates this is interest. That's our next topic on the financial extra. Like there's something. I was on Twitter. Show breaking business news is always first right here on the financial exchange radio network. This is a special announcement for a landlords chasing down only rent payments and making trips to the bank to deposit checks take a hassle out of Wednesday with zero and leader banks all mine rent collection tool zero automatically deducts tenant's rent and deposited into your account visit www. C Rand dot net to learn more -- -- rent your payments for each unit to receive regularly on the same day every month tenants pay nothing in the first six months or free throw landlords visit WWW -- see rent dot meant to learn more or call 7816418691. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Let the states and asset protection planning can be overwhelming and that's why you need to call Todd lets see he's a partner with the law firm of Cushing handle hi this is very Armstrong -- is an expert in elder law and taxation and he's been creating a state plans for folks like you for over thirty years there are numerous types of -- that are available but the two most common are -- vocal bull and irrevocable trusts there are major differences between the two so before you put your pen to paper get some solid advice from someone who knows and can advise you on the best path for you and your family -- in Dolan has a free -- out this month on the differences between revoke mobile and irrevocable trust and you can get it by calling 8668485699. This -- even shows you how it's possible to eliminate your state taxes while protecting your assets from creditors and long term care expenses call right now to get this free night at 8668485699. That's 8668485699. Or download it right now from their website legal exchange showed. Com if you're doing yourself investor that are happy with the status of your portfolio don't worry you don't have to change your investment strategy. However you should be aware that the Armstrong advisory group offers very specific options to help you with your overall planning process having sound back up plan this sometimes overlooked when you're managing your own money this month the Armstrong advisory group has a new guide of the talk specifically about how to plan for the future of your DIY investor that comes with the do it yourself checklist designed to offer you additional guidance as your plane reaches its later years call right now to get this free guide -- 803934001. That's 803934001803934001. Or you can download it right now from our website Armstrong advisory dot com that's Armstrong advisory dot com security suffered through securities America incorporated member finreg SIPC and advisory services are there securities America advisors incorporated Barry Armstrong represented at Armstrong advisory group in the securities America companies are unaffiliated. Whether you're celebrating a milestone or diversifying your portfolio precious metals are Smart meaningful investment one ounce and 110 ounce silver and gold bullion coins are now available at all leader bank locations bank locally and -- your gold locally it just makes sense of leader bank a call and learn more call 8776917900. Or visit leader bank dot com not a deposit not FDIC insured uninsured by any federal government agency not guaranteed by the bank and may go down in value leader back a step ahead this is a special announcement for a landlords chasing down only rent payments and making trips to the bank to deposit checks take a hassle out of -- -- -- -- leader banks all mine rent collection tool he -- automatically -- tenant's rent and deposited into your account visit WWW -- he -- dot net to learn more -- see rent your payments for each unit received regularly on the same day every moment tenants pay nothing in the first six months or free for -- landlords visit WWW -- see rent dot meant to learn more or call 7816418691. Time now for Wall Street watch a look at the market's performance so far today thanks to Darian jog right here on the financial exchange radio network. In a little bit of a recovery rally on Wall Street today the couple stocks in the news. Yeah Leucadia national which is the owner Jefferies investment bank has announced they're going to begin peeling off a number of their subsidiary companies they own a number of auto dealerships and sun beat producing companies and basically be selling those off they announced and focusing more just on financial services stock is up. Two dollars and 25 cents over 10% the simplest LUK. The other news have access. Need gene therapy companies can be acquired by Novartis for. Over ninety dollars more than they were closing on Friday this congratulations. To those of you who shares. Stock is up over 75%. Currently ninety dollars up ninety dollars at 206 dollars a share. Up over 77%. Trade they had a blockbuster. They used to Bridget should they block. Buster drugs in must work because they'd Novartis would be behind me right and work right. We're gonna talk about the states across the country that had the highest tax rates and personal take a look at the states that the lowest tax rates unfortunately. Three New England states are among the states with the highest tax rates in the country Vermont. Believe it or not. Is one of the highest taxed states in the country taxes paid as a percentage of income. Ten point 3%. Property taxes in Vermont our fifth. Highest in the country at an average of 2542. Dollars. Per year answer just so everyone understands Howard defining this this is the total. State and local taxes this would include income taxes include property taxes. As a percentage of the income in Vermont that is over ten point 3%. In Rhode Island taxes paid is a percentage of income ten point 8%. Property tax collections per capita 2339. Dollars per year seventh highest in the country. Then there's one more New England state in his not Massachusetts it's Connecticut. Connecticut taxes paid this is that it's incredible twelve played Connecticut is the second highest tax state in the country. There their higher tax in California. Twelve point 6% as a percentage of income. Property tax collections per capita 2847. Dollars per person third highest in the country. And of course the number one taxed state in the country would be in New York. Twelve point 7%. Taxes paid as a percentage of total income no surprise there I thought it was going to be California. I did not New York all the way no surprise there from here whatsoever. Let's talk about some of the low tax chair states because. Lo and behold we have at least one doing stadium sure it's only one New Hampshire yeah. So in New Hampshire the total taxes paid as a percentage of income of seven point 9%. Surprise that I mean I guess not surprising if you that a New Hampshire did you have the second highest property tax collections by as we noted no income tax no sales tax sales tax so that really makes up will look to their number thing about it is a percentage of income at seven point 9% what did we say Connecticut was twelve point seven. You know it if you're running a business are you saying yourself so your running a business in Hartford Connecticut. Are you thinking to yourself. Why I can still be in New England I can move my company's natural. And my taxes are gonna go down my cost of living is gonna go down. My ability to employ people is gonna at least stay the same might improve heart rate like like that's. That's real money. I mean there's no surprise here I mean look at the look at the movement of the population out of Connecticut the last decade. As a direct impact tan. Not a big surprise that the only there's only one New England states on the lowest taxed states in there it's New Hampshire I think a lot of people would be surprised that Massachusetts is in top eleven. I think you look twenty years ago that we would have been. Alaska is the best state to be and in terms of low taxes here taxes on tape as a percentage of the income of six different why Felix now the fact that I think it's a six and a half percent as a percentage of income I thought they paid Italy there. They actually use to. The Arab producers. History drives let Alaska and they just handy if you grant though it. We eat there used to be when energy was high meddling in we can look up pistol would still leave via that payment that. Back ten years ago if you lived in Alaska. You've got a check. From from the the state because they're let me just so much money analyst in the aid the economy was so strong they would write you check to file your tax return in Alaska probably if you were living in yet. Say I'm not a fan of you know the sun some gonna move to Alaska in okay that's a good idea yeah is it is effectively a dividend check called the Alaska permanent fund. Is a fairly sizable check in an inch when he fifteen that's the most recent year I can get data for here is 2007 to two dollars per person if you go back to when Sarah Palin was running for vice president. That was sizable BUT you know in news well when oil is it a hundred bucks a barrel launcher is pretty huge lifts snowbird in Alaska to. You make it a lot of people that live in Alaska here for the six months and then they'll be in Southern California or Arizona necessary or good air filter. No if you go to Phoenix Arizona in the retiree communities that are there's a lot of Alaska ends that span and you know five months in in in matter. Alaska Ayers a big airlines there. If you're landlord looking to find an easier way to collect rent payments. And you need to hear about leader banks on line rent collection product called zebra. It's a great service for landlords in allows them to collect tenant's rent payments electronically. At zero rent dot net without the need. Collect checks. Mostly in weren't used local neighborhood banks to do their business and now a collection of local banks are offering this unique program. Including leader bank and stowed them stolen bank member FDIC if you're a landlord in very interested in having your bank. Acquire dizzy ray technology. Tell them to call dizzy ranked team at 781641. 8691. Nets to 7816418691. Or visit zero red dot net stopped chasing down late payments and running to the bank to make your deposits. Get your bank to add Z rent to its list of offerings visits you rent dot net. Or call 7816418691. For more information. That's 7816418691. Org and you can visit C rent dot net. So few years ago it was two years ago. Chipotle had one heck of a problem with the E. Coli break. Remember that you do marketing for guests and a bit like that you guys were horrified he's oh you bet that it. It was like fifty people think that's right that's only fifty people with Nicole lot. And I can kill you well finer detail here. Anyway it there is no brainer at this sounds like an Arab hip they might. Being investigating New Jersey which isn't that good in the first place dissonance. You love it there I don't like it's fresh it's healthy good price none protein. You talk too much bread lots of them and others in people on the pro in this in we knew by spillage beat you now. We added yeah. Just when you -- slightly airline which would you leave it there not my go to is the we're visit Turkey in avocado Mike notices are African avocado. Frankly I'm usually go and accelerated salad. I'm disgusted with Moreno weekend so I'd like this afternoon as so I generous. Yeah by is bad news for there I guess this is that there is saving grace it's not appropriate traded stock anymore. So that's well that's right it would probably and it went private I was jab holdings acquired bans that end of last year in. Me and maybe isn't it last year of the youth yeah is that farmed last year. My guess is that New Jersey wouldn't announced that they are investigating them unless they're pretty sure they were the source now. So bad news generic disease have the same impact diseases and Arab side is his big enough for as it is too is one incident. It's the first incident that I perk of I think it's the first incident that I've heard of if there's cup more than it becomes a real issue it's it's interest thing you know. Yeah you'll only see these issues with the stories that you portray themselves as they were using you know local organic agree you don't see this McDonald's. Done. Mainly because of the stuff that they're frozen there is just frozen and fresh but this is kind of tradeoff and looks like you're getting is if you want. You know fresh locally sourced ingredients that are good Fauria and then there's a risk of them now well causing your arm. Two stories in one. Mount Ida College is closing. And that's not a surprise to me because he small colleges are have a heck of a time surviving the surprise here. Is that UMass Amherst is acquiring mount died college which is located in a bedroom community of Boston to new Newton Massachusetts. Very valuable piece of real estate yeah I mean I'm not super and I guess I'm surprised that you masses pick him up as opposed to maybe BC bent. Not surprised that some ideas and England seventy acre 72 acres in Brian Newton real estate but why would you SP behind. If he'd go logic behind the story is that the the view that they're buying it because they have kids that are going on an internship programs and they wanna be of the house them. And on I've bounce houses and they've got 800 rooms there if they can have the 800 students. It's a nice campus and a few guys that are warped or in the camps there earnest campus beautiful it's worded it's it's really really nice but in terms of valuable real estate in the year it's a short commute and businesses and it's huge I I if I would've thought they could have gotten more forward. Selling it. To a developer you know only as opposed to rock sure that was the whole thing and I'm sure that was. There are trying to. I don't I don't think they are just for the profit on this one and I think at the border issues throughout when he sort of place our students and UMass agree take them all while they have to go to UMass Dartmouth. Yeah days as a stand still get to unity UMass Amherst and if you're. They about your role in the dirt. There kids that are deployed to mount died. We're planning to attend the acceptance letters now happens I mean there aren't there that are that are there and you know what they're told me the it will give your three eat your 300 dollar deposit we'll get back to. That's about it your soil now while you gotta find another college now UMass Dartmouth. Apparently is pick and frankly. It's a lot less expensive to go to UMass Dartmouth area but you've got financially it. So think about you okay year yet the college you thought you were going to write you got your acceptance letter in December January February. They're big they're just gonna the end and and now you're told while you're accepted UMass Dartmouth. Oh with a financially he. No he may have had a panel itself but you pretty late and it's pretty apparently I you're you're late to the deaths. I mean this this shouldn't come as a surprise to people there are 14100 I think students there. College with 14100 students cannot be profit right that it doesn't need to be properly just can't be and so much terrible debt at this school we think about other schools. In the year. You think about other small. Liberal our colleges. Throughout knowing we've got. In and I'd. This. There's going to be a wave of cities we're going to be up on you about these stories about some on a regular basis because. You people are not having kids. Right it's your fault yeah schools are closing because you're not having enough that's right yeah it's their fault is that tuitions too damn high that the birth rate since 2008 has declined dramatically continues to decline. And and it it's having a major consequence and he's got these pork for colleges became its students can't get students to go to your right it it's our generation's fault for not I'm glad you know. Up next will be joined by real Atchison from Morningstar for conversation regarding two different mutual funds grab your pen and paper. Mutual fund talk it's a Monday. Is up next one and two extra. Have a question for Berrian jock now you can text us at 63566. And take part in the show at any time. Start your text with keyword Barrett and join our exclusive club days as the financial exchange radio network it. Hi this is very Armstrong and in my thirty plus years as a financial advisor I've spoken with many of you who have chosen to manager owned investment portfolios today I wanted to talk to you do it yourself first because while your portfolios may be riding high there are other aspects to your plan that we can help you portfolio management is just one piece of the larger pie at eighty AG we can help you with the state planning and tax strategy succession planning is an important part of the overall process this month avenue guide out that talks specifically about how to plan for the future if you're managing your owned portfolio becomes the complete do yourself checklist -- you additional guidance as you reach her later years call right now to get this free guide at 803934001. That's 803934001. Or you can download it right now from our website Armstrong advisory dot com. Juries are with the securities America incorporated members in SIPC and advisory services are with the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group the securities and are two companies are unaffiliated. If you're landlord looking to find an easier way to collect rent payments than you need to hear about leader bank's online rent collection product called zero and it's a great service for landlords allowing them to collect tenant's rent payments electronically and he rent dot net without the need to collect checks mostly in the reduce local neighborhood banks to do their business and now a collection of local banks are offering this unique program including leader bank and stolen bank member FDIC. If you're a landlord and are interested in having your bank acquired does he ran technology Tillman McCall does he ran team at 781 at 6418691. That 7816418691. Or visit C Rand dot net stopped chasing down late payments and running to the bank to make your deposits at your bank to add zero to its list of offerings. Visit C Rand dot net or call 7816418691. For more information that 78164186917816418691. Or zero rent dot net. I've folks it's Barry Armstrong in am joined today by estate planning attorney Todd lots ski with your legal exchange quick tip of the day were talking today. About the differences between revoke Kubel and irrevocable trusts. Todd what is the biggest difference between revolt Kabul and irrevocable trusts probably the most commonly asked question ever. Probably. And first all I'm gonna tell you that there's many different kinds of irrevocable trust its not like just one mine call and so that's what makes it hard to Germany won the at least try to. Bring it back down to what I think are asking me generally. Irrevocable trust their talking about are these Medicaid income only trusts now the ones are we try to protect assets from the nursing home. So if I was to compared that kind of and your vocal trust with a revoke of trust and the really biggest differences. The irrevocable trust what protector ass as an arsenal the Reebok abort trust never will so why would somebody use a revolt global trusts. Over and durable tracks there are times where people have either enough long term care insurance or what did well or lots of wealth and and their self insured because they can pay their own way through the nursing home so how much money you have to have me if you like we define rich force I don't ask. For 10000059. The estate tax laws as high as they've exemptions have gone as high as they are like say you know 34 million dollars or less you can probably still going to be considering in your vocal trust if you're over 860. The state planning expert at Cushing and Dolan have written a brand new guide that will answer the most common questions that you have regarding revolt Kubel and irrevocable trusts. The phone number to receive the guy is 866. 8485699. It stole 3866848. 5699. You can also download the guide at legal exchange showed dot com or call toll free 8668485699. The financial exchanges all over New England to go to financial exchange showed dot com and search for the station closest to you this is the financial exchange radio network. When we opened the show we talked about a Republican proposal. To change our food stamp program. And the rules would change right now it's being eighteen years old to 49. In Europe to work. The would. Changed eighteen to those nearing retirement without children would have to work in order to be eligible for food stamps this according to lawmakers and aides. If they're not working they would be required to take a minimum of twenty hours a week a new job training classes increasing to 25 hours and you're 20/20 six. These store poll question today witches should work requirements be tougher in order to qualify. For food stamps how do you participate in the poll are simple good financial exchange showed dot com. The spark 71% of you think that yes work requirements should be tougher in order to qualify for food stamps. We're joined now by Leo actions and from Aston from morning starts for mutual fund Monday so why grab a pen and paper if you don't have one the other coming on. So we've got to funds here let's start off the JPMorgan income builder guitar to me about you what the objective of this fund is and how exactly could see it fitting in to a portfolio. Shares of both of them talking about today are good well rounded options or tire. But they're very different. That your particular income builder. As simple as they come on that stopped their eye level income while keeping the overall risk of mine's about a 6040 global benchmark. The plate delivery you know it's been about 4% or more a year after he'd which is pretty solid and importantly. On top of the living units off it's also offered attractive total return or keeping it relatively checked. That's run by very experience as a allocation team and a technically shift that aren't exposures. Overtime to try and take advantage of opportunities but actually they've done pretty well doing that. None currently. Surrogate or a look at the fund right now it looks like. As of end of February the composition was about 2625%. High yield debt and another sixteen and a half percent international equities. What sort of risks DC with a fund like that it's got you know a quarter of the portfolio in high yield that. Yet so that's definitely get points. There is plenty of risk and respond to that point that respect I yield. I'm overall they've done a pretty each other balanced team and actually. Hitting that target keep secret in line with 6040 benchmark so be aware that attempting to bad it is. You know the funny isn't without risk that they're going to do a pretty good job keeping it better around at 6040. Kind of experience that I expect. I'm with regard to overseas way. You know how to an international exposure can provide them get depressed kitchen benefit and specifically but it sparked. They tend to like. International back right after a couple of reasons. One because. International stock tender offer higher yield than its stock in the US. Which is the check to respond and additionally the team thinks that. And sonic creature that more attractive valuation that they recently increased expenditure. And then Leo I'm Sarah coming up on a break pretty quickly tell me about the T. Rowe Price at retirement bounced on. Yet the problem mound to respond to. Is you know. Little bit more conservative and it's not as much focused on offering I yielded strike. Really provide me the ride per retiree. And it's extremely diversified. It aims to keep about 40% stocks. 60% bond. And they have a little bit more US bias though it does invest globally and overall it makes him it is that the very papers to make that he Rowe price our. It does exist under fire and doesn't realize strategies we actually think very highly. Are well Leo action from Morningstar appreciate and on the Q4 hundred the JPMorgan income builder fund ticker symbol. BA acts and the T. Rowe Price retirement balanced fund ticker symbol TRR. I acts Leo thanks optima. I. Said today T. Rowe Price fund. Would go theoretically would decline less in value in a morgue in market correction because it has that component box right if it's on still about what 6040 if they both have a component bonds I think what you see with JPMorgan as you have more exposure high yield that so if you take a look at these two funds and they did in 2008. JPMorgan fund was down a fair bit more accurate prize fund you know one of them is seeking income right the others just more of a balanced conservative fund but that is why use bounced once just to take a more conservatively if you're rolling growth funds. You could seed. Back in 2008 heck I saw growth funds were down 56%. Had frankly shouldn't see them at least at least he didn't back you know. The Dow is up 265. Points when we come back and talk about. The Wynn casino in Everett Massachusetts is an ever gonna actually be the Wynn casino is it up for sale is MGM gonna buy Wynn Resorts we'll talk about that. And a whole bunch more. On the financial exchange. It's not too late to get a great grade and whole mortgage leader bank specializes in a wide variety of purchase and refinance loans at some of the most competitive rates in New England a dedicated loan officer will work with you every step of the way and their local decision making means of faster closing call lead 776917900. That's 8776917900. Or visit leader banks dot com member FDIC's equal housing lender and MLS number 449250. Subject to credit approval. Leader bank a step ahead if you're doing yourself investor the arms during advisory group offers very specific options to help you with your overall claiming process succession planning sometimes overlooked when you're managing your own money call now for our new guide at the talks specifically about how to plan for the future of your DIY investor the numbers 803934001. That's 803934001. Or downloaded through our web site Armstrong advisory dot com securities are with the securities America incorporated member can Ressa PC advisory services offered through securities America advisors incorporated Barry Armstrong represented a Armstrong advisory group in the securities America companies are unaffiliated. -- states and asset protection planning can be overwhelming and that's why you need to call Todd lets see he's a partner with the law firm of Cushing handle hi this is Barry Armstrong -- is an expert in elder law and taxation and he's been creating a state plans for folks like you for over thirty years there are numerous types of trucks that are available but the two most common are -- global and irrevocable trusts there are major differences between the two some before you put your pen to paper get some solid advice from someone who knows and can advise you on the best path for you and your family -- in Dolan has a free -- out this month on the differences between revoke Kabul and irrevocable trust and you can get it by calling 8668485699. This guide even shows you how it's possible to eliminate your state taxes while protecting your assets from creditors and long term care expenses call right now to get this free night at 8668485699. That's 8668485699. Or download it right now from their website legal exchange showed dot com. If you're landlord looking to find an easier way to collect rent payments than you need to hear about leader bank's own line rent collection product called zero and it's a great service for landlords allowing them to collect tenant's rent payments electronically and he rent dot net without the need to collect checks most landlords used local neighborhood banks to do their business and now a collection of local banks are offering this unique program including leader bank and stolen bank member FDIC. If you're a landlord and are interested in having your bank acquired does he ran technology Tillman McCall does he ran team at 781 at 6418691. That 7816418691. Or visit Z Rand dot net stop chasing down late payments and running to the bank to make your deposits at your bank UNC rent to its list of offerings. Visit C Rand dot net or call 7816418691. For more information that 7816418691781641. And if you are you do it yourself investor and Michael start first with the case where maybe one spouse handles all the finances. And that's spouse gets sick in retirement and your spouse might not know what to do. Yeah I mean we see it very frequently you know one person it's usually the case in fact that one person is handling most of the finances. It's not always. The husband is always the wife. It varies a lot and the problem you have is that other person is usually not comfortable handling. This entire retirement plan they put together together. And end of the day need to have a back. In a lot of cases they may they might not have any idea about some of the terms that are being thrown at them they may not know some of the requirements from year to year. There can be all kinds of things that they don't necessarily understand. And it's all happening during an emotional time as well. Right now I don't mean to you know make it seem like super easy while you're still working but at that point you know the primary goal is saving once year you know in retirement perhaps over the age of seventy you have a lot more things to worry about from a tax perspective required minimum distributions capital gains. All of these different factors that really come into how you invest as a retiree. Folks the good news or strong advisory group has put together a free guide to these very issues it's titled. The importance of having a backup plan for do it yourself investors and eking get it for free by calling 800. 393. 4001. You can also get it online for free at Armstrong advisory group dot com. And once again that number to call is 803934001. For your free guide the importance of having a backup plan for do it yourself investor. Precious metals are Smart meaningful investment one ounce in 110 ounce silver and gold bullion coins are now available at all leader bank locations bank locally and buy your gold locally it just makes sense of leader bank a call and learn more call 8776917900. Or visit leader bank dot com not a deposit not FDIC insured uninsured by any federal government agency god guaranteed by the bank and may go down in value leader bank. A step ahead stayed an asset protection claiming can be overwhelming. Where you start and how do you know what type of trust is right for you the law firm of Cushing in Dolan has been creating a state plans for folks in New England for more than thirty years and they can help you do with all the different types of trusts available it's understandable that there can be confusion when it comes to estate planning. Do you need to read a global trust do you need an irrevocable trust if you don't know the difference you need some expert advice and this month Cushing in Dolan has put together free guy that'll help you decide the best plan for you in your family you can receive this free guide the differences between rebel rebel and irrevocable trusts by calling 8668485699. Picking -- show you how it's possible to eliminate your estate taxes well at the same time protecting your assets from creditors and long term care expenses call right now to give this free guide an 8668485699. That number again -- 8668485699. Or download it right now from their website legal exchange showed dot com. Time for a bank that pays you with Lieberman Zimmer award accounts can 1% cash back with a debit purchases and an extra 10% back when you user carted featured businesses to qualify for these and other awards using statements direct deposit 1000 dollars and make a debit transactions each month to learn more call 8776917900. Or visit leader bank dot com minimum to open and current annual percentage yield ten dollars mass residents only these may reduce earnings rate subject to change without notice member FTSE leader bank. A step ahead hi this is very Armstrong and in my thirty plus years as a financial advisor I've spoken with many of you who have chosen to manage your -- investment portfolios today I wanna talk to you do it yourself first because while your portfolios may be riding high there are other aspects to your plan that we can help you portfolio management is just one piece of the larger pie at eighty AG we can help you with the state planning and tax strategy succession planning is an important part of the overall process this but they have a new guy doubt that talks specifically about how to plan for the future if you're managing your owned portfolio becomes the complete do yourself checklist argue additional guidance as you reach her later years called right now to get this free guide at 803934001. That's 803934001. Or you can download it right now from our website Armstrong advisory dot com. Terry suffered two securities America incorporated members in SIPC and advisory services are with the securities America advisors incorporated Barry Armstrong represented if Armstrong advisory group the securities America companies are unaffiliated. And me. This is the financial exchange with Barry Armstrong and sharks done us. You're exclusive look at business and financial news affecting your day your city your world and stay informed. And up today about the economic and market trends plus get breaking business news every day it's. And now the financial exchange with Barry Armstrong and sharks done us. Is the Wynn casino in Everett. Ever actually going to open as the wind casino. Good question we'll talk about it then we'll talk about a movie. Quiet place I guess it had a really good opening weekend. And then we're gonna have a conversation about. Kansas nearly 200 applications. Were filed for recreational. Marijuana businesses in Massachusetts hi everybody it's Berrian like with you here on a Monday morning in. You know I'm not sure even though. The wind corporation has invested over one billion dollars in their casino in Everett Massachusetts. I'm never I'm not sure it's gonna ever beat that the Wynn casino. And almost definitely won't be named. If wind decides to continue through this and masters actually approves them. Then they'll probably use one of their other brands they've got a brand called on core which is owned by a win which they would probably used in this case because. The name has been so muddied at this point that could have just sexual harassed after all the sexual harassment issues. There's almost no way they would hoist a big wins at the top this top this resort. My question is that they're gonna try and sell it that clearly don't try and sell. Salad and instead because whole corporation to be sold there's a rumor in the New York Post that MGM resorts which is the one building the Springfield casino right. Is going to attack by all of win I don't know if they can't. I don't know I'd be a lot of cash grab me if they just said we're gonna buy this one in this one building you're looking at billions of dollars and MGM and happy Julian yet been MGM would be natural buyer as they've got that Springfield one perhaps they could shuttle people back and forth they you know sister casinos in the same state time. Yup and dab presumably would help you out of hiring as well. That's right Andy if you did a good job in Springfield while we could promote you to Boston and kinda easy you'd be looking after this project rates have to go through sale and then you know what happens that the and we commission board has to re approve the entire thing. Take all because of a name. Well no I mean if if the wind if they approve wind and wind just continues usable with a different company buys since then and after re approve that company have to go through all the you know all of their approval process they did not think. It was the gaelic commission board statewide or was it a local Tampa with there additional. Rooms in the local that's been I don't know if they're gonna need renewed local rules and there's a lot of their plate. It's all related to personal behavior for a guy who's sent. You know used in dirty old man. And that's about the movies because I'll go to the movies tonight now that's right I knew her best on Monday goes to the movies like I need a recommendation Tucker I've been getting great. Suggestions yeah previously excellency Paul the apostle dealt. Lastly it was great. This week I'll give in my choices. In the end I am I here ago I would ask that you text me and let me know these three movies that played as time goes correlate here. Ready player one. And now you wanna see it go to I'd say I I would consider my audience decide that's so I think it. Last week I was pushing for that and you refused to consider I considered the swing it you know the reason I wouldn't take it last week it's started to leak. I go to bed at 9 o'clock now. Aka so that's valid got to be it's got to start in the 6 o'clock your time guys so ready player one guy on my analyst. Blockers. Is on the list. On the and isle of dogs have kind of open I'll dogs wins is actually won my grand you're moving yet the took it. A it was all all all islet dogs. That's a good choice very good choice that's from director Wes Anderson it's not a truthful but there is not gonna like Wes Anderson film I few items and I've I've I've. Watched movies with him in terms of I know what he's going to like he's blockers. Of those three movies in terms of what he's gonna come home most accurate it's going to be yours yours yours blockers it's like raunchy comedy right right exactly yeah I mean looks pretty funny 82% rod dominos of humor that's me it's rated. Idle people dealing with the kids actually saw this perfect you got five of them says this is actually perfect they're trying to pledge on scene is out there trying to drop. Walked their kids for an. So. This is right along I think prop eight Qaeda. So EF 56% of the audience liked it 22% of the critics like yes I've had me to pursue its world blockers on time or with a two currency it will mark my choices are ready player one which has 74% its tomatoes have blockers at 82% in isle of dogs 92% kind of public trial I think can be a better mood I think I don't understand why not considering a quiet place. It's a whore she says too late. Stars all it's too late. In my idealistic that's hard as you know horror movie night skewed politely I think it's. I don't address crime is more of a thriller. That roller goes it's. Like that they actually put you know movie get out of you guys saw that Clinton's nominee for best picture. They said that was a horror movie there's way more thriller horror movie in and use that movie pass to death I bought that I did you succeed at a five month for it. Yet paid sport and night that movie per day. To you know him and what's. Sorry what companies that through what that movie companies that yours 91% of the movie theaters in the country multiple companies and how much. 695 a month you do pay a year in advance. And you can't transfer of those I couldn't use use my movie that's only is it there to check your ideas something the embed it in your phones. Hollow so you have to have that who's gonna give somebody else to follow in his right now and yet debit card with use well. Sony music for the first time tonight whose pass all know how prophesy your paying seven bucks a month and your averaging four movies a month yes. Regulators that brutalized and watch your team about thirteen to fourteen dollars is. Hearsay even. Your pain of course. Attacker should people just text us to tell what movie to yeah people can text in two 63566. What is isle of dogs blockers or ready player won for the movie that Perry should seat tonight and I will take your advice I want trial dogs. Yeah I I I kind to. Can you can your days due accompanied is that does the some as to what company does this movie path. Called booty passed dot com aren't really complicate picnic picnic booty passed dot com. Right. Yeah there has moved. Back. I told her I love it says 99 to five month and if you especially dealing you know they went up they updated price that's funny yet they have like a temporary discount yes and malaria nets jumped on it I told you guys he should it be I don't go to the movies enough. For a 101 dollars a year. And I don't know maybe Asia yet to movies and buy these from grand. It is going to be like what a great way to not get an iPhone easy and I expect a reality views kids between the kits at the it would mean. I don't what how do you get movie pass that you have to full. Deputy then employers and their four years old and I'm awful I get when you gentlemen and they don't care. It's nearly 200 applications. Were filed for recreational. Marijuana businesses in Massachusetts broken be it. He. They are. They're not on actually going to be now but the the the mayor there. Is really pushing it he wants at least more than five. Recreational marijuana shops he just wants stated basically crushed for a member told you talker. Did the other states were going to be forced to legalize canvas yes I mean Rhode Island to sprint now. They've got I think 20000 people who were on medical marijuana. And they buy their lead in era the problem is when you do that eagle and his national database. When you buy rec pot. You just walk in any story and and and by game and you don't have to pay think Rhode Island charges you an annual fee of like 300 bucks that. It to get a directory to get a medical marijuana perm. So why would you go through all that hassle. In Rhode Island meaning get your car in drive to Attleboro world there will be five shops right we can buy your candidates can hold it. Towns. That are on the border Connecticut New Hampshire beat pageant you know for years. Massachusetts people have been driving to New Hampshire to go do their shopping. Right we I'd ought to come the other way now people are going to be driving from New Hampshire to buy their legal pot in Massachusetts or verbal all of Vermont actually is gonna have legal wheat. Yes the security do. New York's not gonna have mostly think about your western Massachusetts know. You're gonna kill you run that Connecticut border along like think about your towns like star Brad and in bird Charlton in those towns under. Problem is I think a lot of these towns are gonna say now. I think the Attleboro mayors got the right idea I mean think he's gonna make bank while he can't. I think you might feel a bit over the tops and we need more than five minutes you know smallish town like Attleboro but. My concern among. I mean not your concern if you live there it's your decision but you know you live in one of the lead North Andover right they just denied all the licenses to be a perfect sport now it's going to be gobbled up by a town like the expert I'm doing Lawrence as a towns are gonna dole that happens all the revenue and you know what you're gonna see the impact anyway. Right right way although it's now or next year has that you're gonna see the same stuff the only difference is you don't get no under the red. That the town in north end of some dumb. The they voted down a grove facility which would have been hundreds of jobs and increased tax revenue and he would that was the the one that really didn't make sense to. At any rate 200 masters applications I believe that they're supposed to go. Supposed to open up in Massachusetts the first week of July Phnom mistake I don't know if they'll pick their deadline and that seems yet you know I've heard for the applications just getting in now if you think about politics opened up a store front I would be surprised if they were able to as well. Tucker again any move your recommendation a couple here. One person says isle of dogs another one is questioning why not Chappaquiddick. I just amount of product didn't make it time slot which at times like looking for got to be in 6 o'clock hour. Not not 540 note that's two. The Pacific as toward him at the previews listen if you met my wife yes okay. The day I thank for that let's let's just cut to the chase here right. You'll but he she who must be I think 540s close you know it could do issues EUU. Doctor and her. You can master yet Sepracor it's too late 7151000. As well as the state. The tennis court circuit reviews it. A quiet places getting a time really givers and it's scary you know that guy that made that movie stars and yet John Krzyzewski that's his wife. Yeah this in the movie. And he's from new and yet from noon now. He's a generous scooping these Jim from the course and I'm a big John Krzyzewski he's Jim from the office which I know against. She thought that I know for Americans think the confidence that a that the all right when we come back where it talked about why you should not lose your car keys no matter what you do do not lose your car keys that's next an opening to. The financial exchanges lied on FaceBook and YouTube watch Berrian jog do just the issues of the day and see which one smiles the most. Is financial exchange radio network. The states and asset protection planning can be overwhelming and that's why you need to call Todd lets see he's a partner with the law firm of Cushing handle hi this is very Armstrong taught is an expert in elder law and taxation and he's been creating a state plans for folks like you for over thirty years there are numerous types of trucks that are available but the two most common are -- global and irrevocable trusts there are major differences between the two so before you put your pen to paper get some solid advice from someone who knows and can advise you on the best path for you and your family Cushing in Dolan has a free -- out this month on the differences between -- Kabul and irrevocable trust and you can get it by calling 8668485699. This guy even shows you how it's possible to eliminate your state taxes while protecting your assets from creditors and long term care expenses call right now to get this -- -- at 8668485699. That's 8668485699. Or download it right now from their website legal exchange showed dot com. If you're landlord looking to find an easier way to collect rent payments than you need to hear about leader bank's online rent collection product called zero and it's a great service for landlords allowing them to collect tenant's rent payments electronically and he rent dot net without the need to collect checks mostly in their dues local neighborhood banks to do their business and now a collection of local banks are offering this unique program including leader bank and stolen bank member FDIC. If you're a landlord and are interested in having your bank acquired dizzy ran technology Obama called this he ran team at 781 at 6418691. That's 7816418691. Or visit Z Rand dot net stopped chasing down late payments and running to the bank to make your deposits at your bank to add zero to its list of offerings. Visit C Rand dot net or call 7816418691. For more information that 78164186917816418691. Or zero rent dot net. Hi this is very Armstrong and in my thirty plus years as a financial advisor I've spoken with many of you who have chosen to manage your own investment portfolios today I wanted to talk to you do it yourself first because while your portfolios may be riding high there are other aspects to your plan that we can help you portfolio management is just one piece of the larger pie at eighty AG we can help you with the state planning and tax strategy succession planning is an important part of the overall process this but they have a new guy doubt that talks specifically about how to plan for the future if you're managing your owned portfolio becomes the complete do yourself checklist argue additional guidance as you reach her later years call right now to get this free guide at 803934001. That's 803934001. Or you can download it right now from our website Armstrong advisory dot com. Juries are with the securities America incorporated members and as a BC and advisory services are with the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated estate and asset protection claiming can be overwhelming. Where you start and how do you know what type of trust is right for you the law firm of Cushing in Dolan has been creating a state planes for folks in New England for more than thirty years and they can help you do with all the different types of trusts available it's understandable that there can be confusion when it comes to a state claiming. Do you need a remarkable trust do you need an irrevocable trust if you don't know the difference you need some expert advice in this month Cushing in Dolan has put together free guy that'll help you decide the best plan for you in your family you can receive this free guide the differences between reputable and irrevocable trusts by calling 8668485699. Picking him and show you how it's possible to eliminate your state taxes well at the same time protecting your assets from creditors and long term care expenses call right now to give this free guide an 8668485699. That number again is 8668485699. Or downloaded right now from their website legal exchange showed dot com. We wanna hear through you thanks Stewart Barry a 63566. And let us know what you think about the stories we discuss your due to the financial exchange radio network. Trivia is brought to you buy dot the other leagues. And it is time for trivia. Forty years ago this week Paul McCartney announced the breakup of The Beatles were going to be asking trivia questions about The Beatles. In your bills which album was the last album that The Beatles recorded together. Now our text number is 63566. In talkers I understand it. If they haven't texted us before worm and pit mining and yet if your first time text or text the word vary along with your first and last name shoot the number 63566. And then your nickel. And you're also you know wean if you're the first one with the cork in tee when he fifty dollar gift certificate to my favorite restaurant. And here's the question one last time. Which album was the last that The Beatles recorded together again tech's number 63566. You're ever lose your car keys. I've not I hurts our stories about directs I've now I have. I mean at temporarily lost and found them it's I I have lost them. I lost and going through airport security them in the message is fallen on my part united take doctor sweater. It fell out of the pocket of nice sweaters open and I lost the things. It's really expense. And lose your car keys if it's the last thing I know we lost I lost my person supposed to ought to back ups that we use that second set Corky due to be talked about a thousand bucks. What's crazy to me is that it's still cost this much because I kind of got it right when the only option. Before 2012 your only option we had to go to the dealership the a monopoly right so they'll they still pretty and they don't know me in 2012. By you know voter referendum we passed that rule where what was the name of the lot the k's away. Now as the right to go get. You'll be working on your Carolina wherever you wanted right and the ought to write to repair the dollar pair law required them to give out the electric car's data to third party mechanics. See seeing the price come down a little bit but I mean it's just a little junior college at least 200 bucks there and that all the lock Smith's can't do it like zoo you can say most people just go to the dealership. Right so say you go to your dealership where he bought the car you fall cholera and find out. At dealerships gonna charge you. 35500. Bucks for Snooki at the the example in this case was a and Nissan. Is and Nissan Altima 2013 Coston. In a 300 plus box with labor she. And aid but yet you see like luxury Mercedes-Benz. Canada upwards of a thousand bucks that new car for this guy egg in my opinion. He had just to share my opinion. This is a ski. I've kind of feel that way to an interstate it costs a 120 dollars to program he. Now give me upper yeah I mean they're saying I think the real upfront cost is there's actually some. Pretty high security technology in these things and have some high upfront costs at the high and expensive machine that does this. And then they charge it up you know charge up on the back and dad buys and there's our labor involved in certain that. And probably well what to talk to our cousin is the candle sale. A mix I mean just look at all the technology on these keys now you get obviously unlock and lock him India auto start. And then the Q was ago. Unity happening clock and you two can just open the car like that so it's a lot technology that stole. Some cars high price some cars Tucker haven't done your full. You started out your phone announced prequel that I would actually. Is that will be you be one less set keys yeah Terry with a B keys are. Pain why don't they just given the option would be like eight you want to stand to key with all the technology or do you just want like her freedom Turkey like he's. Money and that it's all of the violence there all about the Benjamin is not about being fair Tucker. I think that's as assets aren't you should get protest outside the Nissan dealership if I had just slice it it's eight profit setter and they note that a lot of people. Utility you think about what Kelly Carson be treated. We don't give in the second set keys. Is either lost the Marie forgot to bring him injured in the tree so that toward next buyer. Is buying that car and used car that's four years old now with one key. And he knows if he loses he's the guy pay 305. Depicted a Lexus or Mercedes you talk about thousand I have. Faxon Oxford and keep I don't care if there. I am I going to pick I I don't know me I stuck it Eagles it tells us. Or make sure I don't do this given mean life will shock and hastened ones. Yeah but that's me. There are my beyond me. I guess beyond retirement fifty's and sixty's in this example I'm a mid life is like. Did like I yeah life expectancy of life expectancies like 78 and yet Britain they're they're using that midlife. Stricter bit loosely here they're saying they studied people in their fifties and sixties that's me and well shock was tied. At 50% greater risk of and they assigned wealth shock as losing 75% of your net worth of two years which is a very big show. I mean retirement average loss of hundred. Of the divorce rate you know can be a divorce could be business going bankrupt. It ended a law suit yet and lose a lawsuit in the year to write a big check. 50% greater risk of we do we always talk generally about now on health can be tied to economic well being done. My god there's some there's some direct evidence you know. You know over the weekend starting on Saturday morning I woke up to the story about humbled ciskei actually and this is an area of the country and that I'm very familiar I was born in moose jaw Saskatchewan. And humble is a small town. In Dallas tenacity from order that's ministry in India have always had really good. It's junior B hockey team but that's the hockey weir it's all played in the small towns that we burn as a team asked of it as a team these are. Towns that might have 345000. People rate humbled has 5800. People. But a third down. Goes to the hockey games they've got to how accurate with capacity for sentiment of people myself that every night it's junior hockey it's a it's a great take it to its impaired you know a lot of fun. In a lot of the kids you see playing College Hockey come out of that leak legal become down most abroad the WC HA but just a terrible. Story about that bus crash out in Saskatchewan and those families I can assure you there are really as a result when we come back or be talking about necco Wafer. Yeah the financial exchanges and live on FaceBook so make sure like your page and watch the guys break down the latest on the market every day beginning at ten on the financial exchange radio network. It stayed an asset protection claiming can be overwhelming. Where you start and how do you know what type of trust is right for you the law firm of Cushing in Dolan has been creating a state plans for folks in New England for more than thirty years and they can help you do with all the different types of trusts available it's understandable that there can be confusion when it comes to his state claiming. Do you need to rev a double trust do you need an irrevocable trust if you don't know the difference you need some expert advice in this month Cushing in Dolan has put together free guy that'll help you decide the best plan for you in your family you can receive this free guide the differences between rebel rebel and irrevocable trusts by calling 8668485699. Picking Lehman show you how it's possible to eliminate your estate taxes well at the same time protecting your assets from creditors and long term care expenses call right now to give this free guide an 8668485699. That number again -- 8668485699. Or downloaded right now from their website legally exchange showed dot com. Whether you're celebrating a milestone or diversifying your portfolio precious metals are Smart meaningful investment one -- and -- -- silver and gold bullion coins are now available at all -- bank locations bank locally and -- gold locally we just make sense -- -- bank a call and learn -- call 8776917900. Or -- leader bank dot com not a deposit not FDIC insured uninsured by any federal government agency -- guaranteed by the bank and may go down in value -- -- a step -- time for bank the -- you -- liter maximum -- accounts -- 1% cash back with debit purchases and an extra 10% back when user -- -- businesses to qualify for these and other awards using statements direct deposit 1000 dollars and make a debit transactions each month to learn -- call 8776917. -- 900 or -- leader bank dot com -- to open and -- annual percentage -- ten dollars mass prison until late -- may reduce -- -- subject to change without -- member FDIC. Leader bank a step ahead hi this is very Armstrong -- in my thirty plus years as a financial advisor I've spoken with many of you who have chosen to -- -- -- investment portfolios today I wanna talk to you do it yourself first because while your portfolios may be riding high there are other aspects to your plan that we can help you portfolio management is just one piece of the larger pie at eighty AG we can help you with the state planning and tax strategy succession planning is an important part of the overall process this but they have a new guy doubt that talks specifically about how to plan for the future if you're managing your owned portfolio becomes the complete do yourself checklist argue additional guidance as you reach her later years call right now to get this free guide at 803934001. That's 803934001. Or you can download it right now from our website Armstrong advisory dot com. Terry suffered a securities America incorporated members in SIPC and advisory services are the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group the securities and our two companies are. Unaffiliated hi folks it's very Armstrong in am joined today by estate planning attorney Todd lots ski with your legal exchange quick tip of the day were talking today. About the differences between revoke herbal and irrevocable trusts. Todd what is the biggest difference between revolt global and irrevocable trusts probably the most commonly asked question never. Probably is that. And first all I'm gonna tell you that there's many different kinds of irrevocable trust its not like just one kind call and so that's what makes it hard to Germany would be at least try to. Bring it back down to what I think are asking me generally. Irrevocable trust their talking about are these Medicaid income only trusts now the ones are we try to protect assets from the nursing home. So if I was to compared that kind of and your vocal trust with a revoke of trust and the really biggest differences. The irrevocable trust a protector acids from the national. The Reebok aboard trust never will so why would somebody user revolt global trust. Over and durable tracks there are times where people have either enough long term care insurance or not the wealth or lots of wealth and and their self insured because they can pay their own way through the nursing home so how much money so you have to have me if you like we define rich force I don't ask for 10000059. The estate tax laws as high as they've the exemptions have gone as high as they are I'd say you know 34 million dollars or less you're probably still going to be considering in your vocal trust if you're over 860. The state planning expert at Cushing and Dolan have written a brand new guide. That will answer the most common questions you have regarding revolt Kubel and irrevocable trusts. The phone number to receive the guy is 8668485699. It's ovary. 8668485699. You can also download the guide. At legal exchange showed dot com or call toll free 8668485699. We have part of the financial exchange in an instant. By texting us and 63566. Starter tell extra keyword Barry and become a member of our brand new textbooks tell us what you think 24/7. Break here on the financial exchange radio network. It turns out that trivial as quick. Treat not trick question today the recording sessions for Abbey Road. Were collapsed in which all four Beatles participated called go let it be was the final album. That The Beatles released before the bans dissolution in April 20 in 1970. The finished recording the album before. The Abbey Road sessions began. So anyway. Out Mary from long meadow had a first correct answer still not to censure with the correct answer was raised is Abbey Road Abby rode up and she's won a fifty dollar gift card to be obvious obvious as five locations in the Boston area including their newest location in Braintree. Poster next special event at the obvious visit www. W dot com for an annual information and reservations. Tucker have you stocked up on your necco wafers you know you'd they're going out of business. You know I don't think I've ever had one and I saw that mr. I saw the picture looks familiar but I don't think I've ever had on. PD are literally hoarding why neighbors have been described as tropical drywall plaster surprise. Exit cheats sounds delicious. There's there candy it's been around since the civil war in the tarmac on at a business and here I've had their terrible. It's fair if not everybody feels into culinary not whenever I remember when twinkies when. Redundant back everybody's been Avery stocked up on detonated the Aaliyah and there's going on here saying thank guys to bind up the entire and if you like them now. Not god but it just me just me now I think twenty you know for the for the last banner year year and a half. Lugar is being a lot of bad press I mean a lot of bad yes. Everything from sexual harassment in the home office to. Reaping of clients injured passengers rain they've had like just a block that press. Lift got some bad press of the week they get so an airline pilot who's going to LA acts. Popped in the lift and the driver apparently realized for whatever reason that is taken about an hour to get to the airport and. But he is only make six dollars which. Agreed that Sox aid you don't wanna be driving for lift in making only six box when you know you have costs on top of that might cost you more gasoline in California to get it over the driver flat out said he's on video. Yes and I'm not working for six bucks and a wreck. And so instead of driving him to alloy acts he dropped him off at a random parking lot and abandon but you know lift. And Hoover have to do something about this in terms of how they compensate the driver of the do in did you these guys. And the expose it doesn't matter that much is going to be out of work in a few years anyway I think the the they're just not paid properly. If you talked eight you're atop the drivers we have grown round I mean there's two sides of this though right I mean if if you're. Talking a very clearly they don't need to pay him more because they have plenty of people that are willing to transport. Your earlier and drove for them he said it was terrible. Yeah Ed. You know my age it's situations like these where you know you're sitting at a time traffic I don't know. Is there a lift surcharge when you're sitting traffickers it's still all based on mileage I think it's just based on mileage and it's based on lift. Determines the feed to be right and once you've picked that guy up this guy made a mistake isn't he threw the pan of this. KGB fired thickened refused to let him drive left and the most hasn't come out and said. Right now and that's been pretty quiet on which is probably a mistake here as is one of the first big blunders I've heard about them and haven't heard anything from the company yet. The estate and asset protection planning can be overwhelming and that's why you need to call pop lots Kia partner with the law firm of cushion in Dolan. Hi this Mike Armstrong at Todd is an expert in all the law and taxation and he's been creating a state plans for folks like you for over thirty years. There are numerous types of trusts that are available but two of the most common are rebuilt bull an irrevocable trusts. The major differences between the two so before you put. Pen to paper gets a solid advice from someone who knows and can advise you on the best path for you in your family. Cushing and Dolan as a free guide out this month. The differences between rebuild Kabul and your revoke bull trusts and you can get hit by calling 8668485699. This guy can even show you how it's possible to eliminate your state taxes while protecting your assets from creditors and long term care experts call right now to get this free guide 8668485699. Again that's 8668485699. Or download it right now from the website legal exchange showed dot com. You know. President trump has ignited. What has the potential to become a trade war with China. An American farmers are starting to get really nervous about it first of all American farmers and had a tough time for the last several years why. In the world crops have had bumper crops pray for several years so. Wheat prices corn prices all the stuff they sell has come down in price now you couple that. With a potential trade war. Well what are the Chinese gonna do they're going to target red states with their trade. Yep and so that's why you know you see soybeans being one of the most talked about things. If you didn't know that China buys nearly half of the total US soybean export. Right I mean is just look at that if you're a Serbian part you're just shaking right now. The stock market doesn't seem apparently all that concerned today today markets are up Dallas I was up one quarter percent NASDAQ up nearly two. But farmers are always the ones whenever we're talking about trade war it's always the farmers to get it first. Only day it's never anyone else it's the soybean farmers while payable and assi I was talked into fell last week he said why don't we go after bowl. Because we need ready to eat these Norah sickened by the Boeing jet it's the president from a us. Oh yeah aid and also Boeing and Airbus and if you just got Airbus than you destroy all of the electorate so I went on terror in the if the the. Farmers are in a tough spot now overall US agricultural. Exports to China. Represented twenty billion dollars a year for American farmers and they do not want to lose a market they'll still sell their soybeans that the so perhaps the price at this Obama strike. You know who benefits Brazil. Brazil also grown as it would be in them. Is the flip side is Brazil's poor country so it'll help Brazil but boy it sure hurts the American farmer which is these are the people that voted for president drove. Yeah you know it's it's pretty interesting. The different countries have really become experts on how to really target. The US economy there the US political scene specifically the cranberries that so I mediate Wisconsin. Produces more than half the world scramblers rethink about -- she's seven I thought we could we we don't we do but not nearly as much as Wisconsin and so you know what are you have yet. Paul Ryan. Top Republican in the house representatives and yep they're going after cranberries. They take a look whiskey radio yeah McConnell. Kentucky Rand says they go after whiskey they're very targeted in the way they do this and go after. They go after states that might vote Democrat in the next election and it also looks like the air knee they gave. Are better prepared than we. Oh they absolutely arbiter and it's tough to be prepared to tariffs China right here there's no political risk right to be Chinese leadership of having you know a that. Trade war and there's an economic they're at a bigger economic they're not running for reelection pitcher and nobody's wrongfully reelection in China they're pretty secure in the place that they are. And they can tell the Chinese people suck it up the next five years it is when this you don't really have that option here in the states. You know one of the big campaign. Teachers had been H one B visas these are visas that are granted to foreigners. To enter our country. On the guise of they have an education and they have skills that American companies need it what about 85000 of these visas issued each year the there's 85000 issued thousands more applied for. And it was created in your it was created to attract very specific high talented employees to certain industries that couldn't find them in the United States. But as the trump administration and many other ministers supported out it's been abused him. And a lot of the applications are right now. Everyone applies and they just use a lottery system set pretty random who gets the actual visas. A lot of the applications these days are just these you know consulting and outsourcing firms that would depress wages for American work exactly if your computer programmer. In some guy from India comes over. He'll take that job for a fraction of what you would take that precisely where you want these going is to you know high powered engine years Acxiom Google and apple where they really do need that specific talent and they're gonna pay for. But again American workers would say well I could do that job in the the the Google's just tire in the guy from India because it's cheaper. You you see that. To some extent but far more with these outsourcing companies it's a lot I mean. There is a true shortage of some of these workers for some of these companies that are applying verses. The outsourcing work that's being done is very different I don't have I think the right guys here is to say. It's based on either this are that your gonna pay this person writes it that way you are getting good. But one solution to this would be we talked about nursing shortages in medical field who shortages right in the rural areas. You'd say okay if you're a nurse. If you're registered nurse and you wanna come to the United States you can come. We can't come to Boston used to work in Pittsfield. Masters do that there there are some programs are re you know bring doctors and other medical professionals in this country and serve underserved populations the first few years of their career. It could very well be expanded. And that would seem to be better deployment of resources. In the waiver doing I mean I I'd honestly like the H one B visas top that are. But he means a whoever's gonna get the visa you say okay well we're going to be willing to pay this visa holder. A 100000 dollars and you take a top 85000 that the best way to collect collect tax revenue on a right now that's the one that's gonna actually determine who really needs these people. Vs who's just trying to outsource American workers make it a bidding process in India it coming up. Where do you review of an automobile the Nissan Altima this is the 2019. Nissan Altima will be joined by. Antuan Goodwin from the CNET road show to talk about. What he thinks about the 2019. Nissan all and I haven't seen that's next on the financial exchange. To vote on our daily poll question and financial extreme show dot com while you're there glare of the media player and watch the show while you work. This is the financial exchange radio network. Hi this is very Armstrong and in my thirty plus years as a financial advisor I've spoken with many of you who have chosen to manager owned investment portfolios today I wanna talk to you do it yourself first because while your portfolios may be riding high there are other aspects to your plan that we can help you portfolio management is just one piece of the larger pie at eighty AG we can help you with the state planning and tax strategy succession planning is an important part of the overall process this but they have a new guy doubt that talks specifically about how to plan for the future if you're managing your own portfolio becomes the complete do yourself checklist argue additional guidance as you reach her later years call right now to get this free guide at 803934001. That's 803934001. Or you can download it right now from our website Armstrong advisory dot com. 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State and asset protection planning can be overwhelming and that's why you need to call Todd lets see he's a partner with the law firm of Cushing handle hi this is very Armstrong Todd is an expert in elder law and taxation and he's been creating a state plans for folks like you for over thirty years there are numerous types of trucks that are available but the two most common are -- global and irrevocable trusts there are major differences between the two so before you put your pen to paper get some solid advice from someone who knows and can advise you on the best path for you and your family -- -- Dolan has a free -- out this month on the differences between -- Kabul and irrevocable trust and you can get it by calling 8668485699. This -- even shows you how it's possible to eliminate your state taxes while protecting your assets from creditors and long term care expenses call right now to get this free -- at 8668485699. That's 8668485699. Or download it right now from their website legal exchange showed dot com. Time for bank the -- you -- liter maximum -- accounts -- 1% cash back with debit purchases and an extra 10% back when -- user -- -- businesses to qualify for these and other awards using statements direct deposit 1000 dollars and make a debit transactions each month to learn -- call 8776917900. Or -- leader bank dot com -- to open -- -- annual percentage -- ten dollars mass residents only tease me reduce earnings -- subject to change without -- member FTSE -- -- a step ahead whether you're celebrating a milestone -- diversifying your portfolio precious metals are Smart meaningful investment one -- and 110 ounce silver and gold bullion coins are now available at all -- bank locations bank locally and -- your gold locally we just make sense -- -- -- -- -- and learn more call 8776917900. Or -- leader bank dot com not a deposit not FDIC insured uninsured by any federal government agency -- guaranteed by the bank and may go down in value -- back a step ahead. Securities offered to securities America each member finreg SIPC and advisory services arbiters securities America advisors inked carry arms from representative Armstrong advisory group in the securities America companies are unaffiliated it's hard to dial a phone or send an email with too dumb but it's easy to text we've got an excellent running and you can tell us what you're doing right now by texting us at 63566. The skewered diary and join our exclusive club days is that financial exchange radio network. I. This segment of the financial changes brought you by leader bank leaders humor report's account to earn an absurdly high interest rates get 1% cash back for debit purchases an extra 10% cash back. When you use your card featured businesses to qualify for these and other wards co leader bank and 8776917900. That's 8776917900. Customer must meet eligibility requirements are siege of rewards contact leader bank for complete details member FDIC. We are joined by Antuan Goodwin from CNET Roche show I talked to us about them twenty to nineteen Nissan Altima. Which is apparently adding all wheel drive bearable compression engine and some preaching and entertainment systems. I Antawn thanks for coming in could you talk to us of what you see what you're seeing out of this car. And how it's attempting at least compete with the real shift towards demand for suvs these days. Well I mean the all wheel drive it and probably you'd the biggest court in that we're competing with that you leave. And a lot of that have to do it. I'm part of the reason that people to pick in the is there a perception of capability particularly in areas it really think of whether they're part of the year. And a lot of the ultimate competition. The Camry the accord. They don't offer a little drive but it is gonna become. Selling point for the help my because typically you. That a lack that the epic like appreciate more electric sedan in order to gain act as the. Right now I'm looking at I think abducted Nissan Altima sales numbers going back what years it looks like to mediate peeked out back in fourteen. And since then they've been declining at 336. Car sold back in 2014 in 317 2000. Chart three and 36 that put us through entered their sixth straight 36000. Nissan Altima sales. In Torre seventeen they had 255000. You know what is it what it really needs to happen years it's just the trend that you're seeing overall with sedans or is there something that needs sound is really wasn't doing right the last few years. Well there definitely is the trend. That the benchmark is sort of you know dwindling in the United States especially because. There are more and more compact at UB there about the the banner or a print. Her ability and the offer a policy position and they sort of I guess print more premium. The American audience so a lot of what is being but screeching. All the numbers suggest that the entire accident. The period is that the smaller I guess he's. Additional. The Emory. Based that that the belief really seriously be on deck or and indeed it has. Better. That's the features. Better value that you look our secular deal for a long time. Been kicking around that same period Arab leaders and they've been pretty pretty much everything port or the truck or about two decades now. Between a monopoly in most bitterly attacked. At it and it volatile private vote. Regina tech in the parity now with that that bit. I really gonna help so much with the fact that the pie that he the entire I have that they're marketed is smaller than in the war. Yeah I did that that's the real challenge here I mean maybe see gas prices moving a little bit and that could shift people but the small suvs made maybe you know prepared to answer this I apologize for asking but. It's the small suvs are you talking about pre similar mileage to this sedans the the camrys and you know the Nissan these days if you're comparing. You know at a Toyota raft four to the Toyota Camry what are you looking at a difference in gas mileage. You're really gonna like probably about ten to 15% and there's definitely when you've got more equal or now. You've got to let aerodynamic but it. It better a art or other entity it it would animate the problem is that you'll. Well I mean not a problem but if a packet that he'll wreck of a lower that is not enough of the pain point. And that it is and it isn't. As big it. The B eight B of the elected vehicle more big cargo. Outweighed the group in front of you can't hit it to apathy I'm so. That sort of you don't really need it it does all the current but it is not a moment if you know me. I do well Antuan Goodwin thanks coming on talking about between nineteen Nissan Altima and the significant changes they've made to the car overall. And just the the trends over all that we're seeing in the auto industry into authors are dominant. It in the it did it does seem like everybody wants an SUV it does everyone I talk to no one's really all finished it and driving. A sedan. You get like you said you know the gas mileage is within 1015%. NASA and 15% or 1015 miles 1015% now. So I mean I get a lot more storage space to get a lot more Sturgis and it's more comfortable. Properly you know the higher gear up higher I mean I'm a pretty small purse and I still find a lot more curve will be driving an SUBI agreement Sudan I have less of a vote. Problem with my back in like a higher Carla could Jeep or something like that that I do a sedan and mine court. But you know what this all. Everything changes at four buck gallon gas. And ten to 15% difference really starts add up when your pain and you know fifty verses. You know sixty bucks to fill up that car I think a lot of at a stage of life too like I drive the sedan. Because I'm not pollen stuff. And it's usually just me in the car you drive a small sedan I don't need a big SU the base to drive a suburban. And you know that I needed to suburban gazette hockey bags in million kids in you know there's a need for you know they'll my wife's grandmother used to drive a sedan and she changed to an SUVB issues a lot more powerful getting in and out of it. Now. There also are down as slow their person just you know didn't feel comfortable getting load again the car and just much more are thought that she drives a Honda CR in the the stock market is seemingly in a bit of a recovery mode we had a tough week last week no doubt. The Dow is up 337. Points as we speak the S&P 500 is up 38 points the NASDAQ is up a 137. Points at 7052. But the price of oil is going up. Price of oil I've got a handle on here one dollar and twenty to push one dollar and 22 cents a gallon increase in the price of oil today alone. Oil trading at 6328. Golds thirteen 36 and now. It's very Mike and Tucker. Signing off from the financial exchange today see you tomorrow.