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Full Show 6-5-18

Jun 5, 2018|

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

This is the financial exchange with the Barry Armstrong and show Oksana. You're exclusive look at business and financial news affecting your day your city 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 Exxon. Normally we would open the show was three stories come these stories three different topics. Today where our openness to show with. Three stories at all about the same company or for talking about apple which John Dick John Mooney joins me today. John apple could become. Very soon the first trillion dollar company in its right now at 940. Billion dollars so it's knocking on the door of of one trillion its sound looks like it's inevitable this point stock price up 24%. Last year. Very via my you know we talked about Google and about FaceBook and companies are in the news for good and bad reasons that are big growing like crazy Amazon obviously. But we apple has them very well they're trying to do you can take the high road to at all noticed this likelier. They're putting in these parental controls on the bones. So if you've got to sixteen year old who's addicted. To their old you is the parent can go in and limit the amount of time that their lives and well. I'd be curious to see Allie Dixon teenagers to figure that out and and you know beat the system. But you run to something David tweaking FaceBook they've been tweaking Google. You know apple we think about as a hardware company brought to you by Steve Jobs deal. It's not really that company and it's now a software company. And you know this are well Brittany and a services company and all they're not doing what state with big jets. What they're trying to do is bring these gadgets to a new level in the magic is in the software. And that's what this worldwide developers conference is all about some of the new breakthroughs happen that. What caught your. I'm just. Not a lot I mean parental controls are things that got to me I mean that you're going to be of the facetime talker that you be relieved to hear this. You be of use face time with a 32 people oak coated you know group text weren't annoying enough. You Nora would be fun is for families that earn disbursed. You know you and you never and a 32 on me and that he's announced Thanksgiving or something like and Paris Christmas past giving every year you know or you just live far away from your kids and you know the lights and while she's at the golf course in your home and your son's done Florida you can you know talk to. And get to a mode g.s to mean that epic kind of crazy. And he's via. Yes smiley faces everybody uses society use and good Ers Miley you are. But Apatow apple commits or with some interesting at the the big things like that the the improvements and IOS twelve. I guess selflessly the thing I like his. It's a little bit more user friendly in terms of this you can download apps quicker like if we have an old rifle and I know we'll Tucker has one. Tidy two months two years old laments. A sects in Europe seven aren't they says specifically with the six if you download IOS twelve you're going to be able. McFall explode if my battery aware idea ambassadorial help support that yet that they happened but you'll be able to download apps a lot quicker and it'll improve the usability of the product and I think you know. That's a big issue with a lot of users they'd like the that the product to be more usable than us or who opened through a whole lot of new things to do but the like to be able access the product faster. Have better interface that's where Apple's doing I think they're you know cultivating what they have been and bringing it to a new level and then as things like you know the apple. Which would apple TV which is a small business structure as. An in this growing like crazy. It is it's is you know it's growing like crazy but still not a lot of people have it. Defining the really interesting niche though Ian users who really want a more immersive experience. What they're doing is that you know bring you for carry on it was streaming box. It's gonna look better if a deal with blows to get better sound. So Apple's trying to bring kind of behind you and experience which users like you and other applications. To the television it's a good niche it's not like they're gone back to basics and improving there Mac books to their laptops in the software and goes to make him way more user friendly they are now put America make me better which is. Good to see us we'll all be relieved to hear it in the second hour you'd share from CNET. We'll talk to us about. All of the he he's at the developers conference he's of course yet accuracy what we you know what jumped out to him it looks to me like improvements at the at the margin. Across the border and all their products. And bringing him to a new level so if you're looking for the next big old wow this gadget. We didn't see that but I accuracy what is taking this case. Question as it relates to when you walk into a restaurant may even need to change the poll question Tucker. Well you guessed it in read I'll tell you our cars sell. A deeper for kiosks are cashier. When ordering food and restaurant. The because I I would tally if I have a choice if I'm gonna grow for store. And or Ned BJ's if there's no line where there's a cashier I'll go to that person. If there's a long line cash than use the South Africa so all changed specifically to restaurants but restaurants. I if you ordered food from a kiosk I hit on not now about Utah victory. I did I added new work. Airport actually we're truly amazing experience yeah Tulsa. Yeah I mean. It's a brand new terminal Newark Airport gorgeous a surprisingly. And you there's ipads lined up tables and bars and restaurant where that every time it doesn't matter that doesn't matter all the whole terminal was had all these ipads you sit down. And eats at an iPad in order your meal and some new bringing out to you and you that's the only interaction you have with the human. That was it goes oh that's that's what McDonald's is doing there's not gonna beauty you know iPad. They're gonna have this large screen right and you stand in front of it. And you order it now from a corporate standpoint and stockholders standpoint. One of the reasons they're doing this is they have discovered that when people order from the kiosks and order more. And they stay longer. And they lingered in the in the almost use the McDonald's. I acts if you go to McDonald's you'll see business meetings going on in their mind without the media they're encouraging that. And what they're trying to do is clean up the stores and make a mourn and their finding in this is incredibly ironic. That the users. Have a more engaged experience. With the machine then with the people that. It actually makes sense because you what when you're when you're in Russian like OK I want this I want that to try to remember what I wanna three guys behind you get three guys behind you can't remember exactly what is she wanted to begin with. Now all of a sudden you're looking at a kiosk menu. You're engaged. In old who let me look at that thing here who actually looking at the menu. And considering other options other thing you don't feel rushed right because you don't have another human waiting for years and look at that it's flat and the other thing year keep in mind with at least McDonald's is that they have somebody there to help you while. If you're not if you're technically challenged or something like that would put the kiosks of the world it's a summit right there for you it should be easier. Tucker because news. You're not checking out you know grapes oranges like that's yeah it's can writings there for a story we're trying to check out we have a lot produce. You know it's hard at that that's what complicates the process right way to mcdonalds you walked in and are pure chipotle and there are a lot of these restaurants are moving towards it very. It's it's pretty simple I want a big Mac one large Fries strawberry milk shake and on this would be absolute perfect triple. Yell no and this isn't it a classic case of if you ask me which right prefer I would be answered I'd rather deal with the human being you would. I would've been answered that bought. They're finding that that's what most people say. Then when they engage with the machine they say while I had time I could look at you tiger menu in context. I wasn't rushed my experience was actually better. There and they spent more money. That they they spend more my that's that's the cup this secret that the companies have figured out extra pickles or something you don't like you'll you'll if you're young in line you. And you got people behind you right. Wanna see some thoughts on the scene your super sizing your order in order to two. Hot apple is right and hit the bears. And and resented it free it's your take on what you've done that before yeah enterprise. But the other good news as you say well that's all well and good guys but you know this is jobs well. You know it may not be the extent do you think it is because the companies are rolling this out. Are finding that they still need approximately the same number workers fear the servers now. There there are exactly the or to re allocate that labor in to doing other things behind the scenes and they have so much trouble finding help now. Any to begin with right enemies if you try try owning. A McDonald's franchise trying to owning any truck and getting enough help it's really tough. This is something where I think that technology. Is going to be embraced by people. And gonna find that it's really an improved experience Hogan a wonder why we didn't do this years ago I'll be curious what the poll results I know me as though most people are gonna say no and -- talk to him and I wouldn't. You would have been in that and now after reading this in understanding the experience I think I'm on the other camp. Well our poll question is do you prefer kiosks or cashier's. How do you participate go to financial exchange showed dot com that's financial exchange showed dot com. Or you can text or text number is 63566. And he can take a look at it from that perspective. Up next we will be joined. In Brisbane then bin Cassel he's been on the show before. No record no treatment vets injured in training often struggle for VA covered drew talking to Ben about that very topic. Next on the financial exchange. We'll look Cunningham Jim business and financial. It's it's the financial exchange with Barry Armstrong and jugs on on the financial exchange radio network. Hi this is very Armstrong and if your landlord or property manager I'm sure you've heard me talk about Z rent leader banks tremendous on line rent collection program I'm excited to tell you now about their brand new product called Z deposit this is another free program which streamlined the opening of tenant security deposit accounts three totally digital experience with C deposit landlords can open an account online invite tenants to entered their information and manage all their security deposits Z deposit also automate many of the compliance headaches for landlords such as generating account disclosure forms and even send out annual interest payments directly to attendants disk called the Z deposit team to get started at 7816418691. That's 7816418691. Or visit them online at C deposit. Dot net member FDIC leader bank step ahead. State -- protection planning can be overwhelming what do you start and how do you know what type of trust is right for you and your family this is Todd let's -- in with the numerous types of -- available I've got a brand new guide college -- mystifying trust that will offer you'll roadmap as to the different types of trust that exist and help you figure out which type is right for you and your fans do you need to revoke -- or an irrevocable trust and what's the difference between the -- should you consider a special needs trust or life insurance trust one of the tax implications of each type of trust my new guide we'll answer these questions and more so called right now to request this free guide at 8668485699. That's 8668485699. You can also download it right now by logging -- legal exchange showed dot com learn how to reduce and potentially eliminate your estate taxes and protect your assets from the nursing home all at the same time call now for my new free -- did mystifying -- at 8668485699. Or get it right now it legal exchange -- dot com. Everybody it's very Armstrong NG to Jay is the executive vice president at leader bank. And we're here to talk about a brand new product available for landlords it's called Z deposit dot net Jake. What. Barry we created a security deposit product. To really help the problem a lot of land border facing with security deposits which is. You know one it's time consuming to open the small internal security pop number sons now. And yet to go into the branch gets signed paperwork and their small dollars in any turn. In exactly the complaints in Massachusetts really tough for landlords and security deposit accounts. You have to give them ten in certain forms when they open up the count and you have to pay interest and you. And did you do all this canal through Z deposit all of that you can do through Z deposit it literally takes about forty seconds to open up an account. We handled the automatic forms that are generated in the count number department condition statement all that sent the tenant. And the interest descent of the tenant. Automatically every year. This sounds like something it's going to be very valuable to large landlords it might have 200 tenants and small landlords and might only have five tenths yeah absolutely with a large landlords. It's just a lot of hassle to manage it so we make dad very efficient for the small landlords a lot of them are afraid of nineteen complaints done correctly so some of them. Some of them don't even like taking security deposits were hopeful that this will help them do that. Folks if he'd like to learn more about C deposit go to their website Z deposit dot net. Or you can call and speak to somebody on disease deposit team it's 7816418691. Or online at Z deposit dot net it helps. Landlords manage their tendon deposits to great concept you might want to learn more about 7816418691. Security suffered through securities America each member senator SIPC and advisory services arbiters securities America advisors think Gary Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. We have part of the financial exchange in an instant. By texting us at 63566. Starter tell extra keyword Barry and become a member of our brand new textbooks tell us what you think 24 sevenths right here on the financial exchange radio network. This segment of the financial exchanges brought to. By leader bank's brand new product called Z deposit this is another. Free program. Which streamline the opening of tenant security deposit accounts three totally digital experience. Landlords can open their accounts online in flight attendants to enter their information. And manage all of their security deposits just called disease deposit team to get started at 7816418691. That's seven he wants 6418691. Or visit them online at C deposit dot net. That Z deposit dot net member FDIC. Leader bank a step ahead. We are really tragic story veterans injured in training. Often struggled to get VA coverage. Then canceling his with the Wall Street Journal and wrote about this then thanks for joining us. It then injured in combat or training. Wouldn't seem to matter to me which one in terms of coverage for the VA but you say that they are actually treated differently explain. Well the difference in treatment is there is that there's a difference in patient. If you're injured in combat. Typically. A couple parts of the art citation or other people were there watching. Watching the event happen or he goes yes doctor on the battlefield to whatever. And there's there's also more association with with. Injuries happen and I'll be right but in training if if if you're injured doing well. I'm routine. Routine during the affiliated with your job in the case where wrote about was troops to repeatedly fire Marshal the fire rockets. I don't you'll think that'd all the long term damage that scientific. Are depict. Evident now showing that there could be some traumatic brain injury happening with that and nobody nobody's really documenting it writing it down when Benedict waved. There is no tangible proof cheapens that you go to that is as a cause. Yes like you said the VA does often require conclusive proof things like a doctor's note. Before we'll cover a training injuries so what happens you fall to the situation where you start to realize wow I can I can't move my arm because of something I did repetitive lead during training I don't really Evan know. Yup what happens of those people. Wall first of all this to take even step back Americans troops often don't even don't even think about connection with injuries one thing that that I noticed. Talking to troops who to contact me writing writing about this topic a little bit. What are you saying hey you know I have I have these symptoms that he might hit you are born traumatic. Brain injury. And I never. I do some film and every and the combat or never deployed they could figure out what extraction and oh wait it might have been trading it. But did win win they are you realize it's happening the way that they can go and try to get coverage treatment for the they often capped at. Statement that they did their job they have their discharge papers show that their job in the military but it would have likely had been doing some of these training issue train going by firing rockets or whatever. I don't know and they also can have a statement from somebody in world battle well we're in the training situation. I'd say yeah we went through rated. These at all but they is. Doesn't consider. And in the post looks sympathetic Leo and win when they're when they're looking at these but at the end of the day as as one. When guys spoke with said hey you know I. There's pictures of the holding a rocket that would prove anything or that old rocket that Josh shocker all the damage. I think the most ironic thing here is on something psychological. That you think might be pretty tough to diagnose like PT SD. We've actually come pretty far and understanding that that's a real issue. Yet you're talking about physical issues that would seem to me to be parties cotton dry like look what's wrong with this attitude you're a veteran. You're hurt you need to be treated me like what am I missing but that's not enough. Though and that is what when you win when you speak to the VA and the DOD day. They will stay. They do is say look if you if you are. And a veteran who's been injured because of your service comment aired right we wanted to Kara do you wanna make sure that happening are a bit that you didn't proper treatment. But at the same time they they also want to make sure that your putting in a disability compensation claim orchard going to be using. Didn't using. The government health care system and the NBA. So long term that your injuries are related to our are related to your serve you know that you had. You got out and you know how the latter something that your head. You want to make sure that you're not claiming that at least service connected injury. Because that would that would obviously. You know jump the number of people who we're getting here from the system. But isn't legislative relief on the way here or something's being done by the government to make sure that this that gets addressed. Well there're couple things than again the DA. I had that that they were they sympathetic look at all which means that they're happy to look at by the statement and what are. They also said don't change the way that they approach some of these things it's buy into the gate red deer so. The way that they've they've treated days they now treat uncover Agent Orange exposure that bullet. Now evolved to deny it now because it's scientific evidence showed that there's presumption of claims. Army is. In the were the army is that when course thinking about instituting system tracking win troops fired these children are rockets and training and then finally there are some lawmakers who are getting. Getting legislation couldn't. Put in to. The in BAA which is you'll. Defense appropriations bill. Two to cover things like studying and making sure that troops. Power or. Properly protected when they're training training situation and to mandate that there's tracking of the training entry. All right well then canceling thank you very much and you're bringing attention to it is a big step forward to appreciated Ben test with the Wall Street Journal thanks for joining us you know going back to. But going back to our conversation. As a relates to the kiosks you 857 rates burial key tasks on visually impaired and you know we've seen specials remember the prices from our friend Tony. 978 writes I think the kiosks as a certain place like check in an airport while it. Was the last time he walked all the way through the line and talk to person. The year I greater point I know I always carry on I checked on on well being used the key you don't get a paper ticket and remember they get most to get their boarding passes that way two people per for a yeah obviously as a consumer you you prefer that. Now it's hard because as you know. It's unity will will it work and finally it's as those kiosks. On. You know why we tell us why yeah I mean c'mon. If there's tell us a wider 978 rates and masks will. They have order errors because counter help isn't paying attention the actually found. That the order errors are fewer and yes if you wanna go in and you want to get cooked in a certain way yeah it's. Easier and more efficient to use kiosk and is to try to convey that to human being. And after I mean how many times of its you know some screw up juridical back and wait even longer right. And that was one of the findings of the survey that we were referenced earlier. The actor the orders or more accurate on kiosks. The average American knew auto loan has reached a record high will be talking about that in the next segment of the financial exchange. Like just on FaceBook and follow us on Twitter. Show breaking business news is always first right here on the financial exchange radio network. Are you having problems the blocked sink or drain. What a leaky Foster a shower. 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No. If you're landlords 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 produce 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 -- -- technology tell them the -- 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 state NASA protection planning can be overwhelming what do you start and how do you know what type of trust is right for you and your family hi this is Todd let's ski and with the numerous types of trusts available I've got a brand new guide -- demystify and trust that will offer -- -- roadmap as to the different types of trust that exist and help you figure out which type is right for you and your fans do you need to revoke a bowl or an irrevocable trust and what's the difference between the two should you consider a special needs trust or life insurance trust one of the tax implications of each type of trust my new guide we'll answer these questions and more so called right now to request we got an 8668485699. That's 8668485699. You can also download it right now by logging on to legal exchange showed dot com learn how to reduce it to protect our assets under all things uncle only idea mystifying trust had 86684856. Mean or get it right now actually change showed dot com. Hi this is very Armstrong and if you're a landlord or property manager I'm sure you've heard me talk about Z rent leader banks tremendous on line rent collector I'm excited to tight now about their brand new product called Z deposit this is another free program which streamlined the opening of tenant security deposit accounts three totally digital experience with C deposit landlords can open an account online invite tenants to entered their information and manage all their security deposits Z deposit also automate many of the compliance headaches for landlords such as generating account disclosure forms and will even send out annual interest payments directly to -- -- disk called the Z deposit team to get started at 78164186. And 91 that's 7816418691. Or visit them online at C deposit dot net member FDIC leader bank a step ahead. Whether you're celebrating a milestone or 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 -- -- could just make sense of -- -- called them 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 -- back a step ahead this is a special announcement for a landlords chasing -- only rent payments and making trips to the bank to deposit checks take a hassle -- -- -- date -- easy -- -- banks all -- -- collection -- he -- automatically -- tenant's -- and deposited into your account visit WWW -- he -- dot -- to learn more -- -- -- your payments for each unit received regularly on the same day every moment tenants pay nothing in the first six months -- free for -- landlords visit WWW -- he -- -- meant to learn more or call 7816418691. Time now for Wall Street watch a look at the market's performance so far today but I don't Berrian jug right here on the financial exchange radio network. And as John Lee in for shock. Wall Street what kind of a mixed open on Wall Street Mike Armstrong joins us now. Mikey get a look at Twitter some news on that and somewhat interesting news on my pharmaceuticals. Yes so as mentioned market mix right now are down slightly down at he and aspects slightly up tweeters can be replaced month into and if people have been. Entered as you mentioned. Really because of bad news alone it's going to be including an included in number there indices. Stop that 3% yesterday. Two dollars today so about five point 4%. Mylan pharmaceuticals so what's the news there. So they have received FDA approval for a new drug called well it's not that that. Golf Villa. It's a similar charge do less than in the last there which aims to reduce the wrist action during cancer treatments obviously think drug approved for this company's stock up two dollars if he sent nearly six. Its client innocent four. So far yep you but as a starting at 3 PM you know I think it while. Actually Mike I think there's an inverse correlation between your ability to pronounce the name of the drug and its effectiveness so I guess they're right. Highly effective a what are Armstrong basement Wall Street watched. I what you're asked to pay attention this is I find this to be on my blog this makes me angry. In the first quarter of 2018. The average monthly loan payment for in new car reached an all time high John 523. Dollars. Karma I don't that's average. We're talking about a debt of 31453. Dollars that's the average amount borrow yet. I wanna say this I think you know we have a constitutional right to complain. Okay yeah I believe that if you have a loan of 523 dollars a month. You should lose your right to complain about the cost of living you have more money than you know what to do with them. And I will never listen to complain about the cost of living because you had no position to speak. Now you can complain about the high cost of college health care groceries. The cost of living in New England all legitimate but if you're paying 523. Dollars a month for your car. You give up your right to complain about the cost of living and pick up a lot to give advice. On the show. That's my race aboriginal. Is it any time regulatory assures them but I kind of share a story with I give advice on any gesture story. Which might be construed as advice. If you're young person or if you have adult children. Maybe Tucker's knee actors you know in the twenties. I learned there when I was yet here under here under 68 and a half I know you're here you're just at your your kids. If if you have young people in your life teach them this lesson I learned it back in he was 1986. Maybe 1980s. And I had a car and plummets support and I think the car payment on 289. Packed with a lot of my I was a lot of my. It was a lot of money there's a three year long and I've finished paying it off and it paid off a little bit early I would add you know fifty bucks hundred bucks a month payment. And when the car was owned outright I kind of said object should go buy new car card in my friend said. Whoa whoa what's wrong with the the car that paid opposite Wilma thing a bit you know it's paid off solution Agilent get a new car when you do this. When you take it 289 dollars and he suggested a mutual fund to. No use the name of the mutual fund because I don't want to suggest that people run out by mutual but when I started doing Tucker was I put 289 dollars a month. Into that mutual fund every month and and I drove that car in to the ground I just killed car right then write it and and at the end. Of the time when that car finally gave out with lots and lots of miles. I'd enough money that mutual fund to bind the next car and it paid for my next car and and I had money left over and so. There's a lesson here you know analysts and news. It's a depreciating asset. And an expensive. And I know the status symbol I I know you know I know for especially for young people. You know when you pick up your day to be in and nice car to car if you might you know like you little more but I'll tell you what it. Eight at there was a lot more fun haven't money in the bank and I will tell you I was married at the times I was so worried about you know pick an update. Eight she was hired hack error error I had already that are 88 Idec. I figured I didn't need did Nell and Dresser with a nice car or at issue is much more impressed by the way. With a big bank. I don't a longer trip. In you know it's it's not even a matter of sacrificing. To the extent to which you outlined your absolutely right but. Like at 31000 dollar loan deal a really nice cars available 20000 dollars so if you sit look I want a nice car. I need to get from point a to point B. You still have no reason to be taking a 31000 dollar and I'm all about status is and keeping up with the joneses so you can buy an entry level SUV. In the low twenties and you can bias that being an eighteen to 22000 dollars with lots of bells and whistles. India can buy a brand name there again I have nothing against paying that kind of money but if you're going to do that. You cease to have the ability in my opinion to complain of the coastal because you're spending a lot of extra money. And John suggesting people give up their constitutional rights it is if you have a 35000 don't bury our chart here and like Q I have watched president trump lay out his agenda very carefully because I know the decisions he made. May affect my clients. I'm a fiduciary which means I make decisions that are in the best interest of my clients many of whom are retired or have reached retirement age. As you get older annuities may seem like eight popular choice to add to your portfolio. And if they are you should call me right now to get my free guide it's called the the truth about annuities. There are many to choose from and many are designed to provide income for life but there are risks associated with each purchase. Paul my office now at 800. 3934001. To get your free guide and learn the truth. A vote annuities 803934001. War you can download the guide right now at Armstrong advisory. Dot com. Securities offering to securities America incorporated member Finneran SIPC and advisory services are printer securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated guarantees are based on the claims paying ability of the insurer. Tucker and I came across this new web site Arafat's new but it's called. Which it covers all excited that I've act but we have to tell people how to spell as will never find it it's DEC LUTT. Far. That would allow you to do is get rid of like all cracker old collect well you're. Good electronics like I can tell you right now I have a war right put all that stuff. Right now it's been accumulating for years and it's it's old loans original iPad in there and never use it. You just sits in the glory right. We get money fits. I did not know this site exist I mean they will they will basically take care issues that like unwanted books games tech devices. And what got my attention is. They will give you instant quotes on what they think it's worth give you a free shipping label and ship boxed them paid quickly. This is like this war. Well they're gonna pay you it's me Mike my wife's cell phone I got a new phone via the old ones in the draw rate. So I'll send it to them and they might give me fifty bucks sport that sell for under. A 150 okay they'll refurbish it got a cracked screen but still working iPhone yet it in and they had to use some work something right right and that's just an example but the mark up on something that has to be. I'm guessing. Anywhere from 150 to a 100% to make money. I would think it's got to be. Somewhat valuable is like I have an old phone that to sit on the same reason probably worth ten bucks a portrait and then. I just wonder we would they be interest didn't give me an offer for this. Truly literally only one way to find out how much much holds a phone and what kind oh it's. They're also all it is not that old no it's one of the original Smartphones. Aka Gary price. I don't know they made it to seven box they may reject that but old video games yeah right lately but my kids all moved out of the house yet they let the other crap that video game. The deal that the set. Whenever console yet network PlayStation debt but the point is it's free to use a pick and we say yeah when artistry but you know is that you know what else what this was big four's. And I I found out how many movies actually had clicked dvd copy to remember the last from Washington dvd lay me. I have two boxes of dvds I don't want anymore so I'm gonna look at us TVs Perlman the garbage or send him to these guys and I'll press on into these guys know it's two bucks a movie is unless they pay you because I think our people in the same boat mapped out. Yo we we have such changes in technology fast yes that good products that are useful. Becoming antiquated before you know what they still have that. Well I've heard that what they do is the refurbished them in and a lot of times they'll sell them in foreign countries it's our business and India. Because you know people in India. Right are gonna spend a thousand dollars for an iPhone. Yup but if they can buy a refurbished one for fifty tonight. And when we stopped watching dvds. Or CDs they might be instantly if you're not gonna get a lot for your rice that's I think missing you may have spent. 500 bucks and that phone and you may find out yet 54. Real quick I just looked at the my iPhone 5 yeah they were to me fairy nationals for the late great but they're gonna sell it for I guess. If you look 809000. Dollars B a year going to be talking more in the 155. You know. Did you ever for I don't know I actually my wife bought a five and a a year ago in a year ago I think it was a hundred fifties and it was probably closer to a hundred it was a nuclear yep probably close throughout but if it's a hundred. They're still remains they play 39 and that solves 139 dollars item now outside the well that's right it would LC unit with. Are they throat on the cart originally it was what LC unit do. You're out there that I Artie who that's the market the secondary phones is an interesting one too because you can buy. Pretty much new condition phones that are a couple of generations old with a completely Axl yup for very cheap price or to the iPods cozy up to software rates and who cares yet. You know I pulled seven. What's the difference in media cameras was. Right you that the update you go to the island's twelve and you saints offers a guy who paid a thousand bucks for a while yeah something keep in mind way to save some moneys get you know one or two generational phones. Stock stock is up next we will be joined by Dick Clark from seeking alpha. The two stocks are going to discuss our AT&T and Bank of America now I don't know whether he is long or short those stocks so stay tuned. That's next. You work hard to make your money. This is the show they can teach you how to make your money work for you it's the financial exchange with Barry Armstrong in chunks of on the financial exchange. The radio network. Hi this is very Armstrong and like Q I've watched president trump lay out his agenda very carefully because I know the decisions he made may affect my clients on the fiduciary which means I make decisions that are in the best interest of my clients many of whom are retired or have reached retirement age as you get older annuities may seem like a popular choice to add to your portfolio and if they are you should call me right now to get my free guide the truth about annuities there are many to choose from and many are designed to provide income for life but there are risks associated with each purchase call now 803934001. Get your free guide and learn the truth about annuities that 803934001. Where you can download the guide right now at Armstrong advisory dot com. Dirty suffrage history is American corporate members can recipe seen advisory services are protestors America by just incorporated Barry Armstrong represented a strong advisory group the securities America companies are unaffiliated guarantees are based on the claims paying ability of the insurer. Hi this is Barry Armstrong and if you're a landlord or property manager I'm sure you've heard me talk about -- rent leader banks tremendous on line rent collection program I'm excited to tell you now about their brand new product called Z deposit this is another free program which streamlined the opening of tenant security deposit accounts three totally digital experience with C deposit landlords can open an account online invite tenants to entered there information and manage all their security deposits Z deposit also automate many of the compliance headaches for landlords such as generating account disclosure forms and will even send out annual interest payments directly to the -- -- call the -- deposit -- to get started at 7816418691. That's 7816418691. Or visit them online and see deposit dot net member FDIC leader bank a step ahead hi this is very Armstrong in I'm joined by estate planning attorney -- ski from the law firm of crushing and dole and with pure legal exchange quick tip of the day. Taught we're talking about your new guy it's called team mystifying trusts here's a question for you. Is it possible to protect your children's inheritance on talking about. After you die. From their potential divorce which might not occur until five years after you passed away yeah and that's a wonderful thing about trust is so many people get tied up with taxes and probate and you know what. They do a lot after your dad. Never mind rate while you're living and this is one of them so the answer is absolutely yes. You can protect assets from future divorces of your children and and not even just divorces. Any creditor pick up a financial problem just a wanna help people limited to just divorce although I can tell you divorces is one of them. Bigger concern more common people happen again it's more common and so yes I mean the way you do it is what the language or put in the trust as you simply allow. The children to service trustee. So there too and everything like it's their own their own asset buying selling etc. but if they appoint an independent trustee. Who decides when distributions can come out to the child if anyone at their siblings know they should be an accountant or an attorney and they can remove and replace hold it really the boss they don't get stuck with a you know some crazy attorney that's in there that that doesn't wanna give out assets. And it's that's sold discretionary distribution that protects it from any divorce when they come knock and looking for money when wanna get divorced the estate. Many experts at Cushing and dole and have been helping families like yours for more than thirty years and they've written a brand new guide called. Demystify. Ain't trusts call now for your free copy of this comprehensive guide though will. Help you determine what kind of trust is right for you and your family. 8668485699. Or legal exchange showed dot com 8668485699. Stay on top of breaking financial news by becoming a member of the diaries brigade log on to financial exchange does come in sign up today. A very high dividend stock is it a great opportunity Horry major red. Whack it no better example today the AT&T. Joining us with perspective as Dave Clark from seeking alpha date thanks for joining us. I. Dave. You don't get a blue chip yielding 6%. Unless there is some concern it's not that easy right. I don't know it or not so what does this is latency. But now is the you know my. That they're facing murder whoa. You know with with them that. There witnessed that the prosecutor brought. In the current year it well. You know if it was an uphill battle I think they're gonna come out on top of that that a remote while the stock is down right now is there. It's really come to. I know most. Of your expert there you know they really mean he has the upper hand. You never know what Kuwait they change India Telecom Korea he's very. Obviously it eat it and I think you know Randall Stevenson will be the first to say this they need to get content to become a player Ian in the game today and that's why there. They're trying aggressively to get Time Warner. What happens. If it doesn't work or if DOJ says you know the terms you have to do. Stephenson doesn't wanna do what the consequences if there's no deal. You know that is that the it went in. I'm really is committed to this point underneath a bit longer eight is he. So long are a very wolf round are currently. Though it's going to be a big decision for me I don't think. You know in the history Beijing if the bitter and it was the current. You know period they had no sure we're cash flows. And that created it in it you know pre on Warner. Wit I'm Warner would wish they would they would really be able to. Pushed up profit margins on via advertising it and as we gain from their database. Aren't database city AT&T. Well I'm electorate they're going to there are all. At thirty right now is support. For years back. So it could break through 32 and if there on the morning. You know gonna be you know decision on various other opportunities by G and but there's. There overly. The way beyond that it right now and you don't point 5% of my you know right. I don't much. Arch symbol T obviously AT&T switch gears your Bank of America's symbol BEC huge deposit base highly profitable. Is a lot of good news though already in the stock. No. One of the they're saying argument. You know about it. Earnings you know they they world war but. You know a lot of the bears out there are still it is an even for a bit most of bomb in for border was in there there are. And what not. The bullish argument pending further back the where they're going forward rising at the Red Bull. Increased volatility. Great arm of the you'd better. We look forward war are gonna help a lot. So we're going to rock and it in the bank America it's toward or the one. Or in part about it in the months that the deal with it a lot more money. Yet that I think one of the bowl arguments series that there's a chance to return money to shareholders both in dividends and buy back to see that coming. Yes I do that in mind. Byrd beat you know the market rate or discovered dividend and write about that in our. Bank America is Martin number warned there but it wrote it with a net partners and good and noble. Really right out fueling one point there are bad but it. They should be it was really well there today and I. Hopefully be Kirby a big part of. All right from seeking elf would Dave Clark not clear the Dave Clark five. The from seeking alpha right. That's correct I am they. It fielder. So. I am with this sort. We'll check out their tunes that excellent Dave Clark from seeking alpha. Talk about buybacks that seems to be themed record number buybacks this year not the best way to deploy capital when you look at a company. From a long term perspective if you're investing use Bank of America is an example. The fact that they're buying back their stocks means that they don't have anything else they can buy this thing is that. That is true but over it why not buy and a little bit like. If if he businesses so good in if they're so proper why not open more branches or make more law loser and that tells me. I don't like that side but the business is so good I wanna own more of my business and so when you buy back stock your buying back your company and putting it in the treasury. And if you have a piece of Pique your views if a look at pizza with sixteen slices and you'll want slice of sixteen. With buybacks at the other ten years you have a piece of pizza word there's only eight slices and you Stallone one piece so would you rather see them grow their revenue substantially faster. Because they had so many great ideas to invest ultimately yes. At that's what you know I think I that's what bothers me about this market and not trying to be chicken little here I mean things are great. But UC LU record buybacks historically. That has not been a really good story doesn't end I just leave it back. Speaking of which the Dow is down 29 point it's very Armstrong John Monique and Tucker Silva will be back. More financial. It's not too late to get a great grade and home 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 a faster closing co lead 776917900. That's 8776917900. Or visit leader bank dot com member FDIC's equal housing lender. And MLS number 449250. Subject to credit approval leader bank a step ahead. If you're close to retirement age and are interested in annuities to add to your portfolio Colby Armstrong advisory group to get their free guide to the truth about annuities you'll have many choices but there are risks associated with each purchase call now 803934001. That's 803934001. Or download the guide right now what financial exchange showed dot com securities are protestors America incorporated number Finneran senate PC advisory services offered to securities America advisors incorporated Barry Armstrong were presented their arms or an advisory group the securities America companies or an affiliated guarantees are based on the claims paying ability of the insurer. State NASA protection planning can be overwhelming what do you start and how do you know what type of trust is right for you and your family this is Todd -- ski and with the numerous types of -- available I've got a brand new guide -- demystify and trust that will offer -- -- roadmap as to the different types of trust that exist and help you figure out which type is right for you and your fans do you need to revoke a -- -- irrevocable trust and what's the difference between the two should you consider a special needs trust or life insurance trust one of the tax implications of each type of trust my new guide we'll answer these questions and more so called right now to request this free guide at 8668485699. That's 8668485699. You can also download it right now by logging -- to legal exchange showed dot com learn how to reduce and potentially eliminate your estate taxes and protect your assets from the nursing home all at the same time call now for my new free guide did mystifying -- -- 8668485699. Or get it right now it legal exchange -- dot com. If you're landlords 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 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 required to zero and technology tell them a call busy -- team at 781 at 6418691. That's 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 781641869178164. It becomes a lot when people try to figure out what to do in retirement and Mike the first place start is totally different kinds of annuities are. There's a lot every week had residents and four main buckets. If an immediate annuity where you give insurance company reminding guarantee pension yet fixed annuity which is just a predetermined rate for a predetermined time. It index annuity and variable annuity and goes to become a little bit more complicated. When we talk about the different kinds of annuities which ones might be more appropriate for someone who wants to take on a little bit of risk in order to get some additional growth. Well variable annuity typically is one where you take on more risk you're basically investing in different types in the market with some guarantees attached to them. Whereas an indexed annuity you have no potential for a loss. Bucks you have limited upside potential as well in a fixed annuity is probably most similar to what we see with they CDS certificate of deposits except it's not FDIC insured and absolutely correct usually the terms are a little bit longer than a traditional CDU's they won't seat for instance a six month fixed annuity that your general. Definition yet fixed rate of return for a fixed period time Noah FDIC insurance. Folks we know that you have a lot of questions about annuities and that's what our strong advisory group is put together this great free guide titled the truth about annuities it doesn't cost anything to get it. In all you have to do is call our office directly at 800. 3934001. Or you can go over to our strong advisory dot com and download it for free once again that number is 800. 3934001. Securities offered through securities America incorporated membership Ressa PC advisory services are hunter securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated guarantees are based on the claims paying ability of the insurer. 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 buy your gold locally we just make 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 back. A step ahead hi this is very Armstrong and like Q I've watched president trump lay out his agenda very carefully because I know the decisions he made may affect my clients I'm a fiduciary which means I make decisions that are in the best interest of my clients many of whom are retired or have reached retirement age as you get older annuities may seem like a popular choice to add to your portfolio and if they are you should call me right now to get my free guide that truth about annuities there are many to choose from and many are designed to provide income for life but there are risks associated with each purchase call now 803934001. Get your free guide and learn the truth about annuities that's 803934001. Where you can download the guide right now at Armstrong advisory dot com. -- suffered two students American corporate membership -- -- advisory services are protestors American by just incorporated Barry Armstrong represented a strong advisory group the securities America companies are unaffiliated guarantees are based on the claims paying ability of the insurer time for bank the pays you with liter maximum award accounts can 1% cash back with debit purchases and an extra 10% back when you use your card and 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 -- subject to change without notice member FTSE leader bank. A step ahead hi this is very are strong and if your landlord or property manager I'm sure you've heard me talk about Z rent leader banks tremendous on line rent collection program I'm excited to tell you now about their brand new product called Z deposit this is another free program which streamline the opening of tenant security deposit accounts three totally digital experience with C deposit landlords can open an account online invite tenants to entered their information and manage all their security deposits Z deposit also automate many of the compliance headaches for landlords such as generating account disclosure forms and will even send out annual interest payments directly to attendants -- called the Z deposit teen to get started at 78164186. And 91 that's 7816418691. Or visit them online and see deposit dot net member FDIC leader bank a step ahead. This is the financial exchange with Barry Armstrong and chunks of you're exclusive look at business and financial news affecting your day your city 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 Exxon. Towns are growing sick of air B&B and talk about the problems associated with the short term rental market. Massachusetts edging ahead of New Jersey terms of life science jobs that's another story will cover and then. Shocking. Nine out of ten new jobs being created are going to those with a college degree hi everybody it's very and John Mooney with you it's Tuesday. And some of a gun if we if we can after recess this whole poll question because we had a conversation a spirited conversation in the first hour. About ordering you were restaurant meal at a kiosk. And I at a time. I have no issue with it at all is a matter of fact I I go to this. Restaurant our town called these it's a darned good good Italian food is good fair and lots of them I wouldn't mind at all if I walked in and the server that is the hostess says here's your table. Here's your tablet. And Gordy your beverage. Go order yours salad to order your entree and don't forget dessert. And you could in in when you did that it's a I want my drink immediately. Element salad delivered in ten minutes element on trade of liberty 25 minutes and here's the other thing about it you know. Would you give these long borders to a waiter or waitress. I feel better because Hartman remember. And then they bring it back in Europe you feel so bad thing would be kind of messed up you know there's this theory. This has a trail. Right did it job and you screwed up you ordered the idea that you wanted to oil and there. You know I mean it says right here this is exactly what I want Holland won it which is why the orders or more accurate on the kiosks. And there's fewer complaints and there we bring this up because McDonald's. Is going alt key on the navy a couple of years. Every McDonald's you walk into is going to be Gil Haskell zero. At a at a place like you know going out to you restaurant like basal like you mentioned I don't want to kiosk whatsoever talent whatsoever I I enjoy that experience of the relationship with the waiter and you don't shafts are packed and I just think it's a more personalized experience that I value wanna go out to. Well you know he teach their own. 70% of customers. Sydney would be less inclined to go to a restaurant that has automated ordering kiosks again you know when you ask me about this question at the top sushi I don't like that idea and after reading the research after reading experience at the looking at the benefits. I've I've come around I I actually think the kiosk Nicklaus has also like all McDonald's in order to put my wife and I we we don't lecture our company's. I like Dexter cream she likes regular creeps like order to large copies. Both with no sugar one with extra cream with cream. It's never gotten right I mean that order is wrong 75% of the time because it's like it that it's confusion at Starbucks or be right. It would be right there and I'd get her strength and I and I would learn hard learn about. Lead at six bucks racial understanding. And elderly and I pay seven Thomas Tapeh McDonald's through. To two dollars and fourteen cents with acts. Two large load this Eric correct it. Yeah throw automatic step collateral right there a way to get what I want that's. Our poll question today is do you prefer kiosks or cashier's went wearing food and arrest and just report wanna Texas and finally in regards to your commentary says yeah and the server gets no tip who said we were tipping. I don't now that that's there to quit would you be put to death as August oh one's buying. One machine typical Summers veteran you food environment food and I don't even have to talk to see that the thing. Split appointment to say hello just one idea about where we are doing is he's given 12%. How many times have you been engrossed in conversation. With your table yet for five hours get cut off yet and waited like serious to. I. Guess everything's all right well the worse is what it would object I'd rather gently of the push a button. Say. I. But I'm problem solving the problem morally right and I did take a bite Marbury is 'cause everything I don't know area. Financial exchange showed dot com to participate in the polls tell the police arrived six on the big tip okay it's with a machine I figured what the machine into some of bridge and I tip 20% lift when I used car sellers. People tell me out of line and there are on the field day work hard Iger. It's desperately. They are highlights are used to be a bartender waiter and even a kiosk used to the twenty cent on the grounds applicants answer to that's true if it mcdonalds and it is different. It is if they'd be hazel goes. Two you know that. Systems you know and I am I'm gonna Schilling had a if McDonald's gets mighty my in the on large copies right I am lead to 20%. Did you perceive that. He brought to you before Euro a book called viewing public. I did not lose a fast track that we did you go to movies. And I'll tell you what I get a tie I was entertained hopes. As the eye of the century I was I I was dreading it goalie union I walked in and I said to my wife. You know odd that I'm the only guy in the theater in the women. The wrong women walking it all went down was 99%. Gold and your movie is all book club meet me. If there are laughing at me. But it. Is Pittsburgh. Is 10 she's great she is yeah really really. And in Richard Dreyfuss. He's and it bunch I mean for guys on Johnson whose effort guys are playing everybody sees lower east side is really weird soon some really good idea. I'm. For guys like us that it's easier stars at these new building that very desperate for work. I. I'm definitely a result doubled budget bill moves of all all but definitely once and it was it was for my wife Kate Knightley is in charge ratings and she gave it four stars excellent advertising checker on five. Erica. So from there. The it's it's not up there with super troopers. Who's who's a darn good movie. And it was free is that the movement called soft treatment. Wired paint so. And consequences. Of this is the system that it was your wife with a lot of I've that we if you next time you're in the doghouse and from what I understand exactly doc as a right so let me at all yet take your you can go to and getting a great off vehicle if you did you could take that night and say honey this is in anticipation of what I gonna do wrong tomorrow. Will have an idea would go to McDonald's before you know it'll be a great night I try to I try to build up. Which you know you you know I mean I don't even need him I've been there I'm still there. They're being beat. A lot of towns and cities Boston's abouts crackdown on your BB. I. There's a problem. Barton a libertarian and so this bothers me a lot when government gets involved. But I I understand. The perspective on homeowners as well. Well again this proposal in Boston with being an investor owned properties from being listed as rentals. Short term it would cap the number of nights you can rent. And the belief is that this could actually free up 2000 units now rented. To go back on the market. The Michigan Barry really is the proper use of these properties and if you living in a neighborhood. Particularly in outside of you know the downtown in you'll bought the home based in fact you be around a bunch of people who live there like on a regular basis. It used to be well I wanna be an owner occupied area it's gonna be hesitant zoning Wheatley are referring to relieve zoning issue correct Marty where I think he's making in the state. Is saying while trying to get houses back on the market that's crack. Mean let the free market solve itself that's a byproduct yup that's not a reason to do it really isn't right and you know if there are complaints in the neighborhood about noise complaint does a lot easier being BP structure house. It make you weep my wife rent out properties. And yet these ignorant use the millennium goals fracture house and and the other issue is honorable war basics in nature defective batteries. You you people who own ball owner occupied homes and you have homes that are rented on you know a year to year basis. It wasn't meant for people coming in and night at a time at these these units and the NATO summit of the neighbors are upset and they're screaming bloody murder to the politicians the city councilors the mayor there saying hey. This isn't right you know but then he talked to the FD talks on the property owners in the tea pay if it wasn't for air BB I would have been for close to. Yup you know so there's there's two sides of the story. What I found interesting is aside and analysis of of what it cost to get properties and your being Indian I guess me being me I just assumed that. What Michael air being here it's a whole lot of money compared applying hotel guess what. It like Catholic cities in the country it's more expensive. To go to air behind me that is to go to America and the star who it but in many ways it's nicer. Altars beautiful kitchen five bedrooms yet yeah you like it for a year it's. I don't use it but all my kids use and they love it. Swear by it countries. He's a frequently yeah the eve and you you prefer it to the hotel expert out without a doubt without a doubt. But that you know and that also goes into the situation Miami Beach which is which is interest. Because that in that case. They already prohibit short term rentals in most parts of the city. Date a lot which in places like South Beach and they're trying to keep. Things you know under control in their neighborhood someplace that something's and hundreds of people bought homes in their escape the South Beach mentality. Guess what the South Beach partying. Is now in the suburbs and again what I've nothing against party but if I bought a home in the suburbs to be a way why don't mind if at the party. Right on next sort of the party and not so happy especially for bought a house five miles away to be away from the end and that's the problem that they have inside and South Beach in Miami Beach. In Boston with similar issues in terms of you know which should homes meant for owner occupancy war. Annual rentals. Be rented on the day to day basis in the next segment we're going to be talking to Ian share from CNET. About the apple announcement as you know the worldwide developers conference is going on right now. Eons gonna give us an update as to what apple is rolling out. And rolling out next on and talks. And -- battery -- in the financial exchange on FaceBook FaceBook dot com -- the financial exchange this is the financial exchange radio network state -- protection planning can be overwhelming what do you start and how do you know what type of trust is right for you and your family this -- -- let's -- in with the numerous types of -- available I've got a brand new -- -- -- and trust that will -- you'll roadmap -- to the different types of trust that exist and help you figure out which -- is right for you and your -- do you need to revoke -- -- -- irrevocable trust and what's the difference between the -- should you consider a special -- trust -- life insurance trust one of the tax implications of each type of trust my new -- -- answer these questions and more so -- right now to request this free -- at 8668485699. That's 8668485699. You can also download it right now by logging -- to legal exchange -- dot com learn how to reduce and potentially eliminate your estate taxes and protect your assets from the nursing home -- at the same -- call now for my new free -- -- mystifying -- at 8668485699. Or get it right -- it legal exchange -- 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 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 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 78164186917816418691. Or zero rent dot net. Hi this is very Armstrong and like Q I've watched president trump lay out his agenda very carefully because I know the decisions he made may affect my clients I'm a fiduciary which means I make decisions that are in the best interest of my clients many of whom are retired or have reached retirement age as you get older annuities may seem like a popular choice to add to your portfolio and if they are you should call me right now to get my free guide that truth about annuities there are many to choose from and many are designed to provide income for life but there are risks associated with each purchase call now 803934001. Get your free guide and learn the truth about annuities that 803934001. We can download the guide right now at Armstrong advisory dot com. Securities offered to students and are incorporated a perfect recipe seen advisory services are protestors American budgets incorporated Barry Armstrong representative ultra advisory group and the security circuit companies are unaffiliated guarantees are based on the claims paying ability of the insurer. Hi this is Barry are trunk and if you're a landlord or property manager I'm sure you've heard me talk about he rent leader banks tremendous on line rent collection program I'm excited to tell you now about their brand new product called Z deposit this is another free program which streamlined the opening of tenant security deposit accounts three totally digital experience with C deposit landlords can open an account online invite tenants to enter their information and manage all their security deposits Z deposit also automate many of the compliance headaches for landlords such as generating count disclosure forms and even send out annual interest payments directly to tennis this call the Z deposit team to get started at 7816418691. That's 7816418691. Or visit them online at C deposit dot net member FDIC leader bank step ahead. It's our daily poll question had financial exchange showed Doug John. Vote your conscience there heard just vote. Go to financial exchange oh god come and test away. You mention about the apple worldwide developers conference highlighted some big. Product improvements Roger Chang is worth CNET Roger thanks for joining us. I expect that you aired today. They're Roger EE insurance. It. I'm sure you'll do great. At a yet I Roger as a great guy and the guy. A fantastic. At the end. It didn't strike me like Bruce and any any big old wild game changer here with apple but yet the stock is doing really well what the what do investors like. Yeah I bet you're really like that apple though why the people have way. Where the right you know. Apple's really struggled again out white. You know that but. There's been little point that he looked at me eat it right it's harder to use it every night that. And at any thing bad apple you'd make the better. Make Ali he won't be here because that means that work to be more likely you'd eat if I did everything is worth noting that apple and now. Very aggressively again they. During their. They need a point about saying that they are very wet out there which is. Not about it in the world that the ball all act eaters if each is not he's current or prior art. Is going to turn op they tracked eight. And so apple is positioned them out at beat most secure option out there as. They don't make any advertising and data probably. Invective at he because the it will quite. They're on the winning side at the debate. Dennis Yost took a shot at Google Android two talking about the fact that he will very quickly download the new updates. And it like only 6% of android users have the currently the software. Right a lot of that you'd be the way that it current setup you know as you may know that there are a lot and that makers. Who make it great art and you don't know what it occurred is that basically that operate apparently anything at night you know and they'll speak that that. You know it depended on el tiene. Un albeit at a company eat eat eat. To actually. Put out. You'd add all that effort apple that it that apple. Opera bigger security act. Everyone yet but on the other side is a month. Even longer are people yet act that the op where it is now you know apple red meat cocked the. Bigger picture question here you know everybody says well you know it's it's not Steve Jobs hardware company anymore are we witnessing a subtle transition. Into more of a software company than a hardware company. Apple only battle but light between ER. Or be mentally and -- right they made they've really pushed this idea that they want to own a repeat that the act now. And they've been doing that oh well Lee Oprah I rate that I boat. Apple is not only 88 bit by that date is right and not only that outward that they right but he achieved and I a lot of art is right by apple. And that would make the divide them out about we get a profit. But output and it really tightly integrate him make everything rip work that much better. And that big bad apple it always that question. It's yet that these eight I think it would work out because everyone out the piling up Otto Reich who called out at boat that they work on. Call pick the right and you have my belly their laptop now. Hey everyone it's buried Apollo apple I'll pick that they're learning a little bit is that the way to build the bite that. And I'll object as they grow their service revenue become bigger bigger players and software and you don't extend their muscle into some of the areas we've talked about. Does that lessen your concern that they don't seem to have the next big thing coming that everybody's waiting for. You know everyone is definitely hoping. Be the next big thing but it is worth noting that apple is still bad weather alert companies in the world they're stoke growing a lot back then most people expect it. I'm right. Wait the right 08 which is really important thing that or worry that it not oh well now. And oh I ain't that a lot of people don't worry what is apple. But that only a member or apple or eternal back during the and every time. And Ali got revolutionary at the pot Mac and it only I regard that the. My hunch is if I make a bet as to what the next big thing is. I think it's a revised version massively improved version of the watch. You know I think debate gently need to do a little more wiggle arch but again that. Where did it at bat maybe I act here is that it is a bad apple out bowl every major went. What Smart here yet debate that they hundred year old company with a device that three years old. And it is real impressed that outlets. The market it became a bank. And it that immediately. And bidding not ever a ticket seller like yeah. I it is actually. Doing pretty well. And it may be a key health care device in the years and generations to come. Are that are an excellent the depth thing about apple here that is pretty remarkable about the why isn't that I know. But people who are apple users tonight I'm an apple user I always goaded them first I consider their product. But you know they really missed him telling news in the home. Alexa is eating their lunch. Just kill. Yeah and that's why we haven't talked about series but they are making a lot of improvements with sorrow pain and and yeah I agree there right now Lexus has the lead but if a lot misinformation about her privacy. And Alexa keeps coming out. There's issues concerning. Amazon's. Outsized influence to Yale and you know. I think watching the political consequences of what happens with the Amazon. Is going to be one of the great stories the next decade BIC. You're gonna get pricey Bernie Sanders on the left and Donald Trump on the right. Singing the same tune. I think the world to be quite different five years from now regulatory perspective neck could work against Lex. Who lol Spitzer. More approval or a Google. I think those issues I think Facebook's got big issues I think you're gonna learn that Facebook's been doing some very under handed things. He liked and here's my problem with Amazon is I think that they've been using cash flow from other businesses. To price their retail business at a predatory nature and hurting main street. Hurting the country that's to be a big issue to watch Dow down 56 points as we speak trivia. Is coming up next. What you're thinking cap on we're going to be doing trivia regarding Robert F Kennedy that is next on the financial extra. The financial exchange is alive on FaceBook so make sure like your page and watched the guys break down the latest on the markets every day beginning at ten on the financial exchange radio network. State -- protection planning can be overwhelming what do you start and how do you know what type of trust is right for you and your family this is Todd let's -- in with the numerous types of -- available I've got a brand new guide -- -- and trust that will offer -- -- road -- as to the different types of trust that exist and help you figure out which type is right for you and your -- do you need to revoke -- -- -- an irrevocable trust and what's the difference between the -- should you consider a special -- trust -- life insurance trust one of the tax implications of each type of trust my -- -- -- answer these questions and more so -- right now to request this free -- at 8668485699. That's 8668485699. You can also download it right now by logging -- legal exchange -- dot com learn how to reduce and potentially eliminate your estate taxes and protect your assets from the nursing home -- at the same -- call now for my new free -- -- -- -- at 8668485699. Or get it right -- it legal exchange -- dot com. Hi this is very Armstrong and like you I've watched president trump lay out his agenda very carefully because I know the decisions he made may affect my clients I'm a fiduciary which means I make decisions that are in the best interest of my clients many of whom are retired or have reached retirement age as you get older annuities may seem like a popular choice to add to your portfolio and if they are you should call me right now to get my free guide that truth about annuities there are many to choose from and many are designed to provide income for life but there are risks associated with each purchase call now 803934001. Get your free guide and learn the truth about annuities that's 803934001. We can download the guide right now at Armstrong advisory dot com. He's offered to students and are incorporated benefit Ressa PC advisory services are protestors American budgets incorporated Barry Armstrong represented a strong advisory group the securities America companies are unaffiliated guarantees are based on the claims paying ability of the insurer. Are you having problems the block sink or drain. What leaky Foster a shower. These types of minor problems can become big headaches if they're not dealt with quickly and efficiently in believe me. I've had all kinds of trouble trying to get people who can come in and do capable. Qualified work I talked easy plumbing in their professional punctual and thorough and all the work that they do so if you need a reliable plumber. With fair competitive prices. All easy plumbing. Easy makes it easy either experts they're knowledgeable they're courteous they will be on time to take care viewer issue and make sure that it doesn't happen again all you have to do is call today in your plumbing problems. They're history call easy plumbing at 781. 86 to 1190s that 781. 8621190. Or you can visit them online at easy plumbing MA dot com for more information. Massa master license number 10183. Again the number is 781. 862. 119. No I folks is chuck and Mike from the financial exchange we're talking this month about and knew what he's specifically. To our strong advisory group got the truth about annuities Mike. Let's talk first about some of the benefits of annuities when it comes to tax deferral that's probably one of the main advantages that you get through the use of it would. Correct I mean if you think about it traditional investment lets you go out in your bias CD that's paying you 3% interest. You're paying taxes on that interest on your 1040 every single year. With an annuity you might be able to get that same 3% rate of return. But all the taxes are deferred and he decide to take that money out I can't be an advantage for somebody in high tax bracket today. Other benefits that are on there you have the ability at these writers either income benefits or death benefits on annuities are and that's where things get a lot more complicated and it's very much dependent on each individual situation. Yet there are writers on there that can guarantee you that you get a certain amount of income for the rest of your life. But depending on your own current income situation that may mean up valuable there are things like death benefits and market protection. All sorts of these different things to be written into these contracts but they do come at a cost. The downside due duties the two biggest reasons that people have issues with the sometimes. They do lock your money up for long periods of time with surrender charges some of the newer products are able to reduce or in some cases eliminate those. And also you do have to worry a little bit about taxation on the back in tax ordinary income rates as opposed to at capital gains rates folks all of this information and more. Is included in our new guide the truth about annuities it gives you all the pros and cons all the different types of annuities out there. All you have to do to get it is call 803934001. Or go to our strong advisory. Dot com. Securities offered through securities America incorporated membership or SIPC and advisory services are printer securities America advisors incorporated Barry Armstrong represented if Armstrong advisory group in the securities American companies are unaffiliated guarantees are based on the claims paying ability of the insurer. They say video pads ten pounds. But don't tell Barry in charge in the financial exchanges alive every day on FaceBook and YouTube. This is the financial exchange radio network. Trivia is brought to you by Arnold's lobster and clam bar located on US route six in east ham Massachusetts. It was exactly fifty years ago today an assassin. Named Sirhan Sirhan shot Robert Kennedy in the hours after winning the California presidential primary. We will be asking questions trivia questions about. RFK. In what town was Robert F Kennedy born. Now our text number is 63566. Person listener with the correct answer win the fifty dollar gift certificate to Arnold's. In what town was Robert F Kennedy born again text number 63566. Massachusetts. Surpassing New Jersey in terms of life science jobs. In terms of a light sciences jobs California's number one Massachusetts has moved into number to number two. Ahead of New Jersey now last time we checked in this in 2016. About 99000. People in Massachusetts. Worked in the sector that's a 14% increase from 2009. Compared with 94000. In New Jersey my guess is we're probably 0400000. Right now the focus. That was two years ago and were 14% to probably in the low 100 thousands. In terms of people in the sector in Massachusetts biological drugs obviously. The main reason that's the kind of many Massachusetts. And California company specialized in. Representing a growing portion of the industry's pipeline. Yup and youth he looks as if Massachusetts and is going to double down yeah terms of incentives for these companies to stay in the state. This is were being an educational Mecca and being a technology Mecca they're given among. And we get ahead of where we're subsite billion dollars as her it helps it helps increase in interest no question about that and it's great news or places like. Cambridge's Kendall Square. Which has become a Mecca and who's the citrus industry. Nine out of ten new jobs created in the last year John have gone to. Those with a college degree from the findings showing that the American economy's growing reliance on a trained workforce. As well as the changing demographics of our country. We've warned about this time and time again you know there are jobs out there but they require educational background in many cases require a trades background. In nine out of ten going to people college degrees and tell you that there are jobs out there but you have to have the education. What people being left behind you know we haves and have nots is an eight endured elect church in general licensed electrician fully licensed electrician. You make a lot of money you're fully licensed plumber you're making lots of money. But if you don't if you're not if you're just an unskilled labor. You're still the bottom of the barrel but it's always been hesitant. It's especially now though and Andy he eats its got a how to approach that we losses manufacturing jobs we've lost that and the jobs that were creating require more techno technical expertise or education it's one or the other and if you don't have either. You know we get six point 55. Million open jobs right now when the latest jolts job openings Stanley Richard of the survey report. And that almost exactly equals the number of people out of work but doesn't that mean we've reached a tipping point where employers are gonna have to say. Okay. AD vision nobody to hire I need to training I I've to bring you win yet to train you for six months yeah. In order to operate this piece of machinery or Norton McAfee years see a lot more apprenticeship programs with people that don't have college degrees. And that don't need maybe having finished high school for one reason because right now we have two buckets that are identically the same size. Whole bunch of people not working him. And a whole bunch of openings and it's like can we put these two together and I I see the answer that being. Employers Gupta takes a these people under the wing and say here's what we're doing we're gonna teach them do. Maybe that wasn't their first choice because it takes time and effort and money to do that. Well we've run out of people were qualified to do what you wanna hire. Very are sure here and if you are a landlord or a property manager. I'm her I'm sure you've heard me talk about zero that's leader banks tremendous online red collection tool program. I'm excited to tell you now about their brand new product called Z deposit. This is another free program which streamline the opening of tenant security deposit accounts through eight totally digital experience. With Z deposit landlords can open an account online invites tenants to enter their information and manage all of their security deposits. Z deposit. Also automate many of the compliance headaches for landlords such as generating account disclosure forms. And they will even send annual interest payments directly to the tenets. Just called the Z deposit team to get started at 7816418691. That's 7816418691. Or visit them online at C deposit dot net member FDIC. Leader bank a step ahead. Cash rich companies are set to port two and a half trillion dollars in buybacks that your mind. Yep those are you waiting for big pullback in stocks. There's a big. By your underneath the market and that is the company's. That are comprise the stock market two and half trillion dollars expect going to buybacks this year look. You've had done at tax cuts. Which means more money flown bottom line. You've got a great economy we could be north of well over 4% GDP growth this quarter mean the economy is completely on fire right now. All cylinders ago. But then the question is where he put that money and right now a lot of money's going to the buybacks dividends mirror mergers and acquisition I think you see a lot of mergers coming down the pike to the next few months I do and and and that's all good the eight it's better than having it in the government's. Drugs which I would prefer though. Is if you saw. The tees company Southwest Airlines and say well there's so much demand for our service. We're going to expand and South America and we're gonna deploy the cash in the fashion as opposed to buy back stocks I I think John. We knew looked at buybacks and I know companies have Donnie. But generally speaking buybacks when you look back and study this market twenty years from now you may discover that this was. Talk in the market and that these buybacks were kind of artificially stimulated the prices. Interstate regardless of how you think about it the fact is that it ends up working. Through it is important way you explained because what happens is booed when he analyze. The timing these buybacks and they tend to happen when companies obviously are generating enough cash to buy back their stock which is when their stock is high and they're doing real well and the stock market's real high. Meaning they're buying back stock. When it's expensive to. Which I do if you're a buyer you wanna buy when it's cheap the problem would buy axes. When they are a great deal is when no one has any money right like in the recession when your stock prices have what is right now he's been buying tons of that. You can't so that's the problem buybacks is. When you have the money to do it tends to become expensive there's a report out of Southwest Airlines that says their bookings are down. Following that fatal accident that they had. I it'll. And I don't know would that influence your decision to fly southwest say year these are flying out to Phoenix right. And you could fly to south on southwest for 400 bucks you can fly out on American for 400 bucks I mean. I it would have zero impact on my buying decision and I'm wondering if yeah I I what are. People realize this was a really freakish thing where someone just sitting in the wrong place and something that hit the window in the wrong way. Created a very tragic situation. But the odds of that happening. Again and again like in your sitting in that window seat. On a plane that landed perfectly fine and they have a very good track record date they were the one we are lined up for the first decades of their existence never had a fatality. It was something they bragged about just the year American airline industry you never hear about one of our planes. We we reported last year not one person died in a commercial jet anywhere in the world. I mean the safety is astonishing. And southwest is a great airline to fly the reason I like him his. You don't have to be like a million mile for her to be treated with respect him. They have a the most democratic boarding system ever created witches if you book early and you pay if you can get in line ahead of everybody. And so people are treated fairly in people who fly southwest just like the people who fly jetBlue. They find it's much better experience than going with legacies. There's a startup company in San Francisco that has found a clever way to deal with the housing crisis. Right talk to you about that and we'll also have the answer torture being questioned when we return to the financial exchange. Barry and shut. -- justice is the financial exchange radio network hi this is very Armstrong and like Q I've watched president trump lay out his agenda very carefully because I know the decisions he made may affect my clients -- -- fiduciary which means I make decisions that are in the best interest of my clients many of whom are retired or have reached retirement age as you get older annuities may seem like a popular choice to add to your portfolio and if they are you should call me right now to get my free guide that truth about annuities -- many to choose from and many are designed to provide income for life but there are risks associated with each purchase call now 803934001. Get your free guide and learn the truth about annuities that's 803934001. Where you can download the guide right now at Armstrong advisory dot com. He's a protester is American corporate members in Ressa PC advisory services are protestors American budgets incorporated Barry Armstrong represented a strong advisory group the security certain companies are unaffiliated guarantees are based on the claims paying ability of the insurer. 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 Z granted it's a great service for landlords allowing them to collect tenants 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 to SUNY 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 to Obama called this he ran team at 7816418691. That's 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. 78164186917816418691. Or zero rent dot net. State -- protection planning can be overwhelming what do you start and how do you know what type of trust is right for you and your family this is Todd let's -- in with the numerous types of -- available I've got a brand new guide -- demystify and trust that will offer you'll roadmap as to the different types of trust that exist and help you figure out which type is right for you and your friendly -- revoke -- -- an irrevocable trust and what's the difference between the -- should you consider a special needs trust or life insurance trust one of the tax implications of each type of trust my new guide we'll answer these questions and more so -- right now to request this free guide at 8668485699. That's 8668485699. You can also download it right now by logging onto legal exchange -- dot com learn how to reduce and potentially eliminate your estate taxes and protect your assets from the nursing home all at the same time call now for my new free -- did mystifying -- at 8668485699. Or get it right now it legal exchange -- dot com. Time for bank pays you with liter maximum reward accounts can 1% cash back with -- debit purchases and an extra 10% back when -- user -- featured businesses qualify for these and other awards using statement 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 -- reduce earnings -- subject to change without -- member FDIC -- bank a step ahead 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 banker called them learn more call 8776917900. Or visit 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 ahead. Security suffered through securities America income members finreg SIPC. Advisory services arbiters securities America advisors think Gary Armstrong representatives Armstrong advisory group in the securities America companies are unaffiliated. Join our brand new tax club by texting the word. Mary's to 63566. To send your first and last name and get involved today you're listening to the financial exchange radio network. Robert Kennedy was born on November 20 1925. In Brookline Massachusetts. And Doug from Dennis got it right spot on he gets fifty dollar gift certificate from Arnold's lobster and clam bar. Located on US route six and east TM Massachusetts. They're being shipped Suzy has won the Cape Cod scuffed clam contest for the third year in a row. Get down to Arnold's check out their great food for yourself call 508255. 2575. Or visit them online at Arnold's restaurant dot com for more information. This company called home shear in it to start up. That leases apartments in luxury buildings and then splice is the main two additional units so more tenants can share the rent. My daughter. Lived in New York City it's very common in places like New York. Boston. In San Francisco where rents are exceedingly high you think about sub dividing your property this is literally sub dividing an actual unit you know they're taking unit. And they're basically leasing apartments in luxury buildings as you said. And splicing them into additional units sold more people can rent them so what happens is you might have. Three bedroom apartment to him in man in New York in its Thai town summit that and it transfer patterns. 4000 them and what they'll do is convert it to a four bedroom beset the effectively sacrifice talker they're living. But I walked in my daughter's place and she I think it was a two bedroom she needed three. But there's no living is millennium hermit or there was it was very small sitting area. It wasn't a living normally detail let's have a party. What they're doing is you know the big thing now is micro apartments which of their in the gas building them this way this is creating micro apartments. From existing larger units and that they mentioned this article about a dentist who lives. In Seattle has taken part in home share. He said the space constraints can be an issue his master bedroom he rants for 14150. Dollars a month. Has a sliding doors than the closing door okay kind of limits is privacy. With a den converted to a bedroom there's not much space for college but he loves it because you get humanities. A pool a fitness center and the best part is you're right in downtown seal Leo there was has lived right Idi east go there to sleep you don't you know you're hanging out at a club where you're at the gym but you're not. He not entertaining your apartment but you don't have the one hour drive to work him. In your living right near work and all the entertainment and to make it a good wage you're making good wage and you're paying a reasonable amount of money. What you're doing is you're giving up a ton of space we know that that's that's the big drawback that's being that's the way it is it crumbling. A bolt bowel. Cancer is on the rise among smaller meals at this should be of concern TO this is a concern because. All were all bowel cancer is on the decline in one of the reasons for that is something that. Is one of the many reasons why should get a colonoscopy. So anyone in the and younger used to be even renewed diary 5050. And I went Oz 59 docks at a time and so we have 35 now. 404540. Fives a new recommendation and this particulars. Reassurance companies bodily do that begrudgingly because they don't pay for. But they figured out it's cheaper to send you at 45 and tapped it in the what you wait until fifty did not catch you don't catch it. It eat like if you can generally. Right you can recover and that's the key thing and that's why I eat this is that this is the exam or test that I think is the most important thing for people to get because. We mention before there's a lot of test you can get that will show that there's something really bad. That may or may not be will be fixed or repaired retreat up that the wonderful thing about this is with like colon cancer if found early. It can be treated tease the tree and on top of that. With the exam your literally removing polyps which. Will prevent future occurrences with their pointing out though is that a lot of this increase seems to be lifestyle related yen or diet we don't. No and the speculation is that colonials are sedentary hazard yelled yeah actually everybody's. Contract. But diet a diet is too big contributing factors seemed yeah diet. And exercise there's something going on because people are getting this at a much younger age. Into the I wonder though if the risk is even higher for people our age because. We're doing some of that stuff ourselves to select we're already at higher risk because of age lawful order for I was in the worst of everything yeah that's her. If there's a bad behavior category we've got it we don't you know we own it and this is one though and I would imagine it especially if your family is at risk if you have a history of colon cancer or polyps. You know you might wanna consider trying to get that colonoscopy done at a younger range. YouTube has replaced baseball as the most widely used social media platform. Among teenagers. I didn't know that YouTube was a social media platform I. Think I mean huge YouTube myself a lot but like not to Rudy contact. Just watch videos via memo watches all the time that's certainly her thing now about gardening and how to do so I use it when I'm trying to figure out how to fix it. It it plumbing problem electrical problem. You know you can watch a YouTube video you are built shelving yeah you know there's a lot of instructional video. Yet if I'm looking for a vehicle all of watch you know five different people who've done you know independent review of particular car. You'll see like something. Summit here about that sounds like a cool video you do a search and YouTube boom it's right there are so well if you scroll. Ya the gun I was watching the video the other day it was on that the guy said during the video. Leave a comment and leave a comment I'll respond right you know is that trying to. They're trying to build it out they get paid like you don't really popular or. You could make some money and get absolutely amazes me is the quality of the video he is form a little I want to my sixty inch TV. And like I watched our show you know well you know showing up in the pouring into that those cameras. It's if they're so cheap. You know a couple hundred bucks LC looking at pictures uploading stuff that is absolutely network. Yeah. In fort going to be tough to be in the network there's a lot of competition. But bit Newser FaceBook I know they're getting people on their other sources but. In 201571%. Of teens used FaceBook. Today it's down to about half what is it give these numbers are almost three quarters of teenagers used FaceBook three years ago can. Fewer than half do today. There's been assets 43 years as well that that's almost like a rebellion is so they're gonna YouTube there where it would have snapped at that those have been on. Mr. Graham I think is one of the NC grams of me quit FaceBook owns yeah right now which his wife and little snapshot is has pretty good audience yeah yeah it's okay minster Graham is telling right now is to grimace like the young person's FaceBook now. And now. Our great. And a lot of older people are migrating actually a lot of people are reachable mr. Graham and FaceBook accounts that he has aids program but it don't go. You know Eric worked. Yeah I mean you it'll look out for who you wanna fall and everything like that and you to look for your friends just put it's all the same thank. The Dow was down 78 points price of crude oil is up five cents a barrel but it's down under that seventy dollar range just now it 6480. Per barrel. And good news for those of you buying a house this weekend the ten year treasury six to 91 so mortgage rates have come down just a little bit. In the last few weeks thanks for tuning into the financial exchange today with John Moody Tucker cellblock and meet carrier strike we'll see you tomorrow.