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Full Show 6-12-18

Jun 12, 2018|

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This is the financial exchange with the very 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. I think I may have my scorecard. Upside down evidently we are at peace with North Korea. We're at war with Canada at the and home prices are going up because tariffs on Canadian lumber has been imposed tight everybody it's very and John Moody with you here. On late Tuesday. A historic. Event in that just the fact that the president of the United States even sat down little shook hands. With the leader of North Korea yeah a huge story obviously and the goodwill with stunts in this is is pretty incredible. From a perspective of a news. Organization however. It occurred to me very that we have one of the busiest Newsweek's of the year this year you know except for one thing. We already know the outcome. Of the big stories. Before we sat down a bit more gonna sit down unless they knew what the script watts. And the script was will have an outline for denuclearization. By North Korea and what you want specifics but that's were going to work toward it's exactly what we. Meanwhile we turn our attention now to the Fed. Which is that it's big meeting and it will raise interest rates by quarter reports of tomorrow to march oh clock is so we know the time and what will be done. This is one of those strange weeks we have big news. We know the result of in advance for the financial media has a great time with that as well though. As Talking Heads Lambert. Monday morning anything at all Perry I I understand this is the biggest financial weaken the year and and left us as a Bloomberg says every week and a think that's our job is that this is the week I mean it's a big news I like elections right presidential elections and most important presidential election in your lifetime right and we know in advance of the polling shows a twelve point lead for someone and away went by eleven and yet but they've got an adult. We shouldn't understate the fact that this is a historic thing. You don't just six months ago these guys talk about aiming nuke the city each other a me. So the fact that they're sitting there do they sat down. They obviously genuinely enjoy each other's company appeared. And set the framework for denuclearization. In just a much different paradigm in the whole region right now I mean we're now in a peaceful era. Where we've been in the war fool her for like the last fifty years so it's historic it's amazing. But at this from the perspective Wall Street and it's down the that was down zero point 16 points for this is think it completely victim yes I'd have to like to be Iran right now. That's next right and you know trump has indicated he's going to try to take this road show that the if there's someone doesn't like this we're gonna sit down and and and try to work something about it here along with live long time ally. We're gonna declare. Yet there's that there's a Canada there's a place in hell for you justice intrusion. If someone says that Peter Navarro. Some would say if you can't get along with Canada. You probably can't get along with a Golden Retriever. A candidate you know they're not taking these steel tariffs in the east timber terrorists lightly and he they are responding yeah kind. And they are targeting the bulk of their terrorist and are targeted towards Ohio. I think there might be a cracked me up from Robinson might be some political motivation in the way they're targeting terrorist based on the maps I've. Yeah it's energy when you look at the map you're looking at Ohio Michigan New York Pennsylvania and Illinois now okay New York in a lawyer obviously Blue States but. Ohio Michigan Pennsylvania. Those are battlegrounds. With a lot of the base Donald Trump and so yeah I mean this this this little nasty you know it hasn't come up the news. The and we mentioned yesterday that the United States imports three million barrels per day of oil from camp. Yeah Canada's a huge exporter and they have nobody else to sell to. He also thought like we have another source where it happened three million barrels a day if they ever turned off the spec. In the short term yet that we definitely look at half million barrels a day Kris disruptions we've seen the rebellion. Three million in the short term would be huge impact I get short term there's been no talk that have you noticed correct your neither side has even dared to bring that. I think because while it makes for great fodder for those of us trying to have fun with this or look at it and Zia. You know people saying awful things about each other. At the end of the day it really is noise it still is too great partners. Were having a little bit of a spat look we have a trade surplus with Canada we're not dumb. I mean you know this has been a pretty good deal for us it's been a very good deal for Canada. At the end of the day once the war of words is over. Calmer calmer minds prevail. Yeah BB BB Golden Retriever analogy will look what Patrice Bergeron we'll still be allowed to reenter the country play for the Boston Bruins rest assured. Yeah I mean it could be go. Russia employers may be in the national if we come out when it was nets up and ovitz it would have been a great time for Russian hockey players that the all right moving on New York Times saying how trumps lumbar lumber tax may have helped increase home prices. Prices are up yeah I'm 80%. I mean this is tariffs also combined with a reduction in supply of Canadian lumber caused by real slowdown so it's. It's kind of a number of Lotte since coming back together here but the net effect as it's caused the price of lumber to go higher. Paul and there's an increase. Yeah I mean it did their costs are going through the roof because their cost of of health is going up. Their cost of supplies is going up. But when you look at building house. You know the cost of lumber if it goes from. 101000 to 181000 yes exactly it that's not the killer right the killer is all the government regulation that goes into it. He talked to home builders they're building. A half million dollar hole. In Connecticut. They'll tell you that the increased regulation terms fire and all that these regs are going to building house now electrical plumbing. Have added EB thousand dollars is possible that's what you don't see small homes being done yet and it just took it's too expensive to build. A small three better analysts say everything's a five bedroom mansion yup it costs a 1000004. Well because they can actually make a little margin on that you know you're right when you when you're talking about a 25303. Or 50000 dollar home button. Andy's look at these cost these costs are fixed these Costa real. The cost of permeating everything. I hate everything you do requires a permit which means you know you go to town hall to get this you're paying 25 bucks a distant under box or bad. Before you know what it's heating up all of your profits so yeah that now at the last thing in the world that a builder one though was that. The cost of lumber which they thought was not going up that much. Is now going up a lot in part because of terrorist import because the book. It's in these situations related to a real slowdown it's the worst of all worlds in the year 2016. 64 million people or 20%. Of the US population. Lived with multiple generations. Under one roof this according to Pew Research Center. Puget finds multiple generation or multi generation households as having two or more. Adult generations. Including grandparents or grandchildren. Younger than 25. We're not talking about. Faintly it's racing three world right today we're talking about. A sixty year old whose kids come back boomer says I didn't our generation calls rightly recall. The millennial as the boomerang kids see me graduate college or they get back from military. And they come hole. Sometimes on temporary basis sometimes on a permanent basis the fully 20% of our population living in multi generational homes and put that in perspective in 1980 only 12% of the population of the multi general generation households. That my mountain mine map is right is about an 87 or 70% increase what do you attribute. A number of factors number one is the fact that housing is really expensive can. And you have a lot of when he was living at home because they simply can't afford to move up. I think another factor is people are living longer and so Korea Molly is now 94 years old needs a place to live. And they don't want pattern home and she has wanna go home either so she's coming back to live with the family so I think you've got a situation a bowl wins. The elder care elder care is a big factor huge factor in the other factor is because of the cost of housing. And because it's because of that paid for entry level jobs. Luckily I don't people can afford to move up where I've noticed among my peers I don't know if you've had the same experience because you were similar mood but if you talk to. Families that have that that are into it and John are both an early fifties. I'd say the bulk of them have. Multiple generation hi I'm Jim Rice it's only 20% I know the winner when I heard that status of all I think it's 20% because I think of to your point all the people are very young boomers that have parents of them. But also just as many seem to have their kids their adult kids I I know number families where the kids have wanted to go back to grad school yup right and they said okay. Well rather than you know pain in thirty grand a year to live near the school I'll go to grad school close to home. And I'll move back in for couple years until economically you know the answer to that observation is it is probably accurate in May reflect where you and I able to have. Which is a place that has much higher costs of housing meaning the millennial can't move on as quickly. Annals to a place that has enormously expensive nursing home costs. My mother in law. It state was a nursing home in Missouri and at about a third the cost of what Acosta be at a nursing home here so my guess is that 20%. Is a lot higher in places like New England. Because it's harder for the kids to get out. And it's a lot more expensive for the nursing home care for. Grandma and grandma so I I'll betcha that 20% is a lot higher around here. Our poll question today is do you live in need multi generational. Hole. How do you participate go to our website financial exchange showed dot com or text us with your story our text number is 63566. My first name Barry at the beginning of your text when you send us a message again the poll question do you live in a multi generational home. The spark talk hurts 22% of our audience loops and multi generational home but it is currently. It's early I I'll be curious to see if our audience has a higher percentage than the national average which is 20%. A financial exchange showed a cup when we come back we're talk about where you can go. In get to brand new iphones for the price of one. That is next on and talks to. Woman coming should do business and financial. It's it's the financial exchange with a very Armstrong and chuck son on the financial exchange radio network. 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 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 tennis -- call 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. 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 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 -- you -- to revoke a bull -- irrevocable trust and what's the difference between the -- should you consider a special needs trust -- 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 -- 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 -- -- 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 blame border facing with security deposits which is. You know one it's time consuming to open the small enough security upon numbers sons. And yet to go into the bridge got signed paperwork and their small dollars and in the turn. And it's likely to 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 a new and we should do all this canal through Z deposit all of that you can do Thursday deposit it literally takes about forty seconds to open up an account. We handled the automatic forms that are generated the account number department commission statement all that sent the tenant. And interest descent to 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 that 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 wanna learn more about 7816418691. Security suffered through securities America Inca member senator SIPC and advisory services are realtors securities America advisors think Gary Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. If part of the financial exchange in an instant. By texting us and 63566. Starter to extra keyword Barry and become a member of our brand new text club tell us what you think 24/7. Right here on the financial exchange radio network. Oh. And a segment of the financial exchange brought you by the leader bank's brand new product called Z deposit this is another free program. It's streamline the opening of tenant security deposit accounts through a totally digital experience. Landlords can open an account on line invite tenants to enter their information. Manage all their security deposits just called the C deposit team to get started 7816418691. That's seven or 816418691. Or visit them online at C deposit dot net that's C deposit dot net. Member FDIC leader drank a stepping it. Sore poll question was do you live in a multi generational home 978 rates for generations living in mile well. They more vague double count them as to another but not 234. And its excellent seven rates bury our our adult daughters are still living with a single family home on my street just sold for 735000. Dollars couldn't afford to buy much to him if I had to. In 97 it rates Berry is this a good sign for those builders to start building smaller homes. It is a good stuff. And but they don't want to build the smaller homes what I see going on a watch on in the communities that I drive around is that. They'll find a house that's for sale one of those old houses or built after the war in World War II. And they'll knock it down in the build in the mansion on top it might have been a small rain trail ride to treatment armory in China on postage stamp out. No and then all of us and you'll see this. Three story. Make mansion going up on that same piece of land and to that point. You know what you have here's a limited number of opportunities for builders to build units because. There are so few available lots and actually so few homes than fit that definition we talked about. They've been culled over pretty good and in so what's happening as the builders are like okay we can only build X number tosses. We know we can sell whatever we build. We can make a lot of money building 7000 dollar homes and all we can make very little my money building 300000 dollar homes. So look it would be nice if we have enough space and land and available wants to build both. And at some point the government's gonna to get around to say what were only gonna allow you to build acts. I mean it would we're gonna get to that point in it it really hope not that that'd be terrible government. It would be terrible but we we have a real crisis in in in a lot of fears particularly the Greater Boston. Our poll question do you live in a multi generational home Tucker 29 point 4% of our listeners earned multi generational homes reduced to 20% you expect now will not actually in numbers twenty. But to John's point we live in. One of the more expensive parts of the world than that's pro whites which impacts both of millennial immigrant parents on on for different reasons you. I'd like to get a brand new. IPhone eat for free you can. There's a catch this looked pretty interesting to me at the U weekend John we have John Dolan he is happy I was free free stuff the catches it's an opera for China on this guy looney. If if if if I don't like yeah free brand new for my heart is broken it upgrade anyway I'll iPhone 88 plus and is that the acts are the tan who cares. Whenever that extends the ten noted that. Stu hit it. Part of the deal was the you know it's it's happening at least 21. Like art when I got my Samsung knew that I bought one and go on for units would you. Really good deal that the my son to harm the police. Apparently I know how to ask and I'll pay it back dad. It's still infection at its allies in X twenty bucks right count you know exit by Red Sox that is what. But the bottom line is. You bought a phone. What caught my attention as you know we get one free but there marking down the original purchase. Between fifty and 150 dollars. So your body weren't you get 5250 bucks off your iPhone. Then you get a second for a 699 dollar credit. But what's the the parents the catcher Jeff Devin you have to get new line. I saw my dad did sees it rising customer young walked into the story. All happy to brand new pixels right. He goes home he says. Oh honey if your brand new phone which my mom probably didn't wanted to write you know even that. And then Danny Hauser and Boeing in year Indian new phone number so I'm not sure how happy would you describe it she she does it console she didn't complain. But like would you get ahold of your belt in. Thank you John you know if you're gonna let. The world know you have a new phone. I had the same phone number since 1990. Now you tell your friends I get a brand new phone number like that cheap guy does the but the good. I understand why people and its its. Its its critics have been what 7800 bucks and rifled a thousand. Like that you wanna tell your friends I got a new phone number so that was the talent to aspire. Yep that Verizon was doing it with the pixels but that's from my dad pixel guy who for one pixel but it must be a deal where rise in knows. Okay Yediot new phone number but it's it's just churned like why did it make you know the number I don't know that has given the pin number I think is that the they deal. I wouldn't it on bone in my grade. I plan on doing the same and I know I every answer might well. That a lot of junk calls them that's true witness not the people call which is mostly at its. People you don't beat you to the whole point like I'm not gonna change my phone number to get a deal. My dad. I mean if you give me free host they don't do that I get all that I Taiwan home guy on free okay I'll change my number I get a call my mom Nancy if you feel about this news. Phone deal that's the first of all like new technologies that are she's not crazy about new technology and if we can get like an like by 1 PM to hold hearings and she answered the door. Now someone else is horrible don't point yet. But it's I think we'll pass and that it it like as it sounds too good to be true and guess what it was. Boston Scientific. Perhaps being purchased by striker elapsed yeah Boston Scientific shares up 8% when this strong rumor broken. That was yesterday that was yesterday it was such tests so much trading halt the tree. Yeah because obviously someone knew something was up and there was. 65 billion dollar striker. Would create a 110 billion dollar giant with this acquisition. We'll talk about that and we've got some news as a relates to Home Depot. Big news as a released to Home Depot coming up. Next on the funny too extreme. Like this 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 block 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 -- local neighborhood banks to do their business and now a collection of local banks are offering this unique program including leader bank and stolen bank member FDIC if you're a landlord and are interested in having your bank required does he ran technology Tillman McCall does he ran team at 781 at 6418691. That'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 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 -- -- 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 -- do you need to revoke a bull -- irrevocable trust and what's the difference between the -- should you consider a special needs trust -- life insurance trust one of the tax implications of each type of trust my new guide will answer these questions and more so called right now to request this free -- 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. Hi this is Barry 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 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 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 Tenet's -- 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. 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 gold -- could just make sense -- -- -- -- and learn -- call 8776917900. Or -- leader bank dot com not a deposit not FDIC insured uninsured by any federal government agency -- guaranteed by the bank and may go down in value -- 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 -- hassle -- -- Wednesday with -- and -- banks all -- rent collection -- he -- automatically -- tenant's -- and deposited into your account visit WWW -- he -- dot -- to learn more we -- -- your payments for each -- to receive regularly on the same day every -- tenants pay nothing in the first six months -- free for all landlords visit WWW -- see rent -- 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 do Berrian jug right here on the financial exchange radio network. Kind of a quiet day on Wall Street with Wall Street watch right now Mike Armstrong and Mike it may be a quiet day on the street but does not so quiet for Restoration Hardware. And Dave and busters don't. Yeah Restoration Hardware up to 28 but sitting. Presenting an all time high other report quarterly profit the bucks 33 share it'd be estimates. I a over thirty cents. They also reported. Pretty good current quarter outlook. They're focusing more on memberships and that prevent this by chance really certain payoffs. So like a match and stuck it up to an all time high apple 28%. Expectations. Maybe got a little bit too bearish and some of these companies. Dave and busters those numbers weren't all that amazing but the stock is doing fantastic. Yeah you know aids again has been a case anywhere that's got. Brick and mortar retail locations as had a tough time convincing investors that they're going to be able to pick up a long run but they beat estimates by eleven cents a share court or complicated about gulf war. The air of revenue beat forecasts as well. Koch's elsewhere. You know. Pretty pretty good they've got ST that is due to be retiring soon but they're bringing in the current yep post their instinct be really any concern about continued. Continuation of their cars also Dave and buster's stock this morning up nearly 14% on the guys. Market overall not much going on. Yeah a lot of it's also waiting out for the 4 PM announcement on the AT&T and Time Warner. Merger news which will have broad reaching implications for a lot of other admin activities that are being proposed right now so a lot of eyes on that a lot of eyes on the interest rates this. Discussion going to be announced. Smart. Tomorrow in the meeting today and tomorrow Mike Armstrong with Wall Street watch thank you very much. Home Depot will be spending one point two billion dollars in the next five years to dad. 170. Distribution centers these are not stores that joins our centers that they are going to use to. A comedy and basically I read this says hey we are going to compete with Amazon on home delivery. Of hardware products gardening products agricultural products and more importantly they want back contractor is absolutely and that this will allow them to reach about 90% of the US population in one day or last. Singer bear admission trend. If you know we talk about online and offline. In that the target report the other day got my attention because you know target is really bricks and mortar maybe that's you know slowly building up an on line presence. A number of the people who work in store. Are doing online work. It in what you senior Home Depot was having a move in that direction and where you go to see a lot of people. Who are looking to service the contractors and service to people who walked Guillen. And will also be doubling and in some other downtime. In helping fulfill the orders that are issued on line so it's very very possible the lobby stores to be a lot of overnight work. Absolutely yeah a contractor will often times. If you talk to GC year you know plumber Google home at the end of the day. It's OK I got the house framed and I know of and in need X number of supplies and a walk them on Thursday. Right so it's Tuesday night the Eagles home. And they say the they're gonna be able to go to Home Depot and say OK I want that plywood delivered between two and 4 PM on Thursday. Ian on top of that thing about this you know most people. Are working between Monday and Friday like if you go to home before lows of Saturday afternoon or Sunday afternoon it's had an impact right. Pick up on all people were full time workers who were there between 9 o'clock in the morning right in on Monday at 5 o'clock in the afternoon Monday through Friday. They have a lot of downtime so we can do here or she it's okay look we can hand of full staffing of people at times when there normally quiet the to its get stuff prepared for on line business what I found interest in these are. I wonder if the distribution facilities they're talking about the existing store worse than I can modify I weren't they building Amazon type warehouse I think both me. And I think I think they're adding on a lot to existing. Home depots that makes sense that makes a lot of sense and as you can make a much better utilization this is what I thought Wal-Mart should have done. Ten years of sadness and and they're in the process of doing it ten years ten years later. And and and target is doing and as I said you know while the workers target has really surprised are doing bolt on line Ian offline work. In stores so this is definitely different yeah. Well it it doesn't seem to be. Does seem to be moving stock home Depot's stock trading at 200 yeah I mean it's just it's keeping up with the keeping up with the joneses is the gamer here. If you're in the process of planning for retirement and you're considering an annuity is a piece of your financial planning strategy you should call me right now. This is very Armstrong in in new Moody's may seem like a popular choice to add to your portfolio but there are risks associated with every purchase. Learn all about annuities before you make a decision that could impact to overall portfolio. And the new guide this month. Called the truth about annuities there are many options and I'd like to help you understand the pros and cons of each. Call now 803934001. Get your free guide and learn the truth. About a new duties that 803934001. Or you can download right now at financial exchange show dot com. Securities offered through securities America incorporated member funeral 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. Many retirees John historically. Have collected their Social Security before their full retiring age. And frankly many have collected as soon as they turn 62 only to regret that decision later. Infected 2004 just fourteen years ago half of all women. And half of Allman 55%. Of women and 50% of men claimed at 62. You know three to four years before how long goes at fourteen just fourteen years ago two years ago them them the most recent year the we have data from. That went down to 32%. Of men 37%. Of women. They're viewing this as good news because people are starting to realize there's a big cost to claiming early but very kind of fear. That. There's a there's like a general consensus that one size fits all it used to be claimed as early as you can and that's the thing to do it. I wonder if it's just as dangerous to say wait as long as you can but that's the best thing to do I have looked at the different scenarios and I got news for. You could read books about this isn't. And change your mind fifteen times and when you're well educated what do you think the most. Important factors are to consider when it comes time to collecting your Social Security number one if you're Mary. What is the situation for your spouse can. Because like in my case we've actually determined. My wife should collect day one at age 62. Because she's ultimately gonna get a much higher benefit in terms of when I passed. A survivor fan so the situation with fewer. Benefit first responses that is a huge thing. And marriage marriage. Also longevity it's you know we don't know how long we're gonna live but we do know how long do you there's certainly here there's a test you can take that are a few guys that are done this or not. Bud Day university Pennsylvania medical school. Put together survey. And it will tell you how long and guaranteed accurate hundred block that that makes everything really easy. I'd now I don't we -- dress up the day you're gonna and I think how easy planning for part of me ask you questions about. Smoking they act Angela from memory I took the test years ago. Who's smoking die drinking diet exercise driving. How much the how many miles you drive interest they you know here's and in a factor. It influences your life expectancy brokerage the age of your parents when you were born. Yeah yeah and you say you had forty is that your parents were 42 years old when you're born you're right. Date date you're gonna have a shorter let's that's of the it's gonna. Negatively influence your life expenses expectancy. When compared to parents that were twenty years old when your report. Yeah they take it makes sense when you think about it later ego and I didn't think about it until it took the test we know that the odds of a miscarriage raise exponentially the old ones are the factors were the thanks to. But do you talked about that you wanna know and so secure anyone know what the situation as spouse. You know what would date yet. When you life expectancy which is a health related which they huge issue at the other day I was cop out when people ask. And I think one ask your doctor I should talk yeah it gets that your doctor your GPL. Needs it yet I've had the same GP for thirty years he. Knows my lifestyle he's looked at my cholesterol levels for the over the years Wiki. No quit a bit about. Yeah and you know how long your parents lived and your grandparents I assume you know he's in that's important information genetics are big big factor. So as an effective it will once factor very that I think people don't consider which I think is worth considering. He's the utility of money I mean we talked about the the go go years the slow go tigers no go here's. That time got absolutely but. How much is a fortune going to be worth to you at age 95. Vs getting to enjoy some of that money at age 65 so you leave money is a basic and I know all the cost of nursing homes yet keep in mind too. But there's a factors to consider. It's not a one size fits all so don't just say. All we actually should Wear at the last minute. Or should claim as soon as you can there's a lot of variables for every person I mean if you're working full time 63 don't call. Oh yeah that they they make their some basic principles that you can apply and frankly if you're working full time and gainfully employed at age 68. You probably don't wanna collect. I agree the eight those are things that would influence and the longer you eat. And the trend that we've seen over the last fourteen years is people are delaying the election yourself their social security and I think that's a good thing. I think overall it's it definitely is a good thing and you're actually right if you're working at age 63 and you make it more than fifteen to 20000 dollars a year it's a no brainer you don't want a collective your your your earning appeasement here's a scary stat. Three out of five senior citizens today lean on Social Security for half of their income. And 34%. Of retirement income retirees. Rely on Social Security for all their business is something behind you like to be live and on fourteen bucks a month yeah it's. It's a safety net that we obviously need I guess the one thing and also makes you feel good news. Maybe fewer people are having to det that against their best wishes and if only a third of the people are taking at age 62 and that's down so. I guess there're some good news that may be fewer people leaving and so security but it's essential. Don't forget about our poll question do you live in a multi generational home he can participate by visiting a set financial exchange showed dot com coming up. We will be joined by Galileo Russell to talk about Spotify that is next on the financial exchange. You work hard to make your money. This is the show that can teach you how to make your money can work for you it's the financial exchange with Barry Armstrong and chunks of on the financial exchange. Radio network. Hi this is very Armstrong and liked 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. Where you can download the guide right now at Armstrong advisory dot com. Duties are registered Isner incorporated liberty recipe seen advisory services are protestors American budget incorporated Barry Armstrong represented a strong advisory group the securities or to companies are unaffiliated guarantees are based on the claims paying ability of the insurer. Hi this is very are strong 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 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 attendance -- 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 hi this is very Armstrong in I'm joined by estate planning attorney potluck ski from the law firm of Cushing and dole and with pure legal exchange quick tip of the day. Todd we're talking about your new guy it's called deem 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've passed away yeah and that's a wonderful thing about trust is so many people get tied up taxes in probate and you know what. They do a lot after your dad. Never mind rate while you're living in 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 credit taken a financial problem just a wanna have people limited to just divorce although I can tell you divorces is one of them. Bigger concern or comment people half again more common and so yes I mean the way you do it is what the language you put in the trust as you simply allow. The children to service trustee so they're doing everything like it's their own their own asset buying selling etc. but they appoint an independent trustee. Who decides when distributions can come out to the child if anyone of their siblings know they should be an accountant or an attorney and they can remove and replace pulled it really the boss they don't get stuck with a you know some crazy attorney gets 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 in looking for money when wanna get divorced him. He estate planning experts at Cushing and dole and have been helping families like yours for more than thirty years and they Britain a brand new guide called. Demystify. Ain't trusts call now for your free copy of this comprehensive guide though will. Help you to 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 carries brigade blog on the financial exchange dot com and sign up today. Many view use and enjoy Spotify but isn't as good investment actually owning the company. Galileo Russell is with seeking alpha Galileo thanks for joining us. Yeah. Galileo a competitive segment no question about that but Spotify is a big player what's the bull case for enjoying the cash flow. As well as the two news. Our I think the bogey is that there's sort of a new model that it in the street where air it's the record labels where and Spotify is a aren't people you know and Ebert is packed with art directly. And eventually they move away from licensing from the big wreck label I guess. Streaming directly from artists I mean they have bigger profit margin and musicians can collect higher royalties. And so right now they're ordering a transitional period getting away from the record label it had to be under their own are streaming music directly. The burning out the long term bull story. I guess the concern here would be as a standalone company what is the mole. That protects a Spotify like I I just wonder why couldn't someone else do this. And and make them insignificant. Yep so are actually recently switched from Amazon and either that Spotify whether that he did it at that they're the darker features that are really good actually eat eat eat their. And so that's something I didn't hear it on the other forms I think part of their vote that they is he independent artists a way to get covered. On that got me in the and it art art or art or. And then not sort of network effective when you know more people listing of all the new artist to order our org without the biggest audience is. Think there's a little bit of a network effect vote there but you bring up a good point which is they're competing with apple and Amazon. Which that way bigger budget and they do and down the outcome of the big wreck on the right in the back. You can't bear competition. The. Or what are the chances that apple or Amazon says gonna write a check out a petty cashier and take you up. I think there's a theory it can't sit back after an if you look at the right field. And I only around five I'm old. On which compared something like that flick you know which is around eared and I'm right field despite being a lot bigger reading Ata are very reverently it isn't that expensive. I think back and make a lot of as a multiples revenues are they profitable. Now they're running at about three in although they'd be pretty positive. But they art and Port Orchard real profitability I would imagine it as they can healing here we start the. Yeah I just this really sounds like something that longer term Galileo. Might be something that a larger company would wanna offer as part of the total entertainment packaged it doesn't seem to make sense longer term. Yeah that doesn't make a lot of sense although I'll get it offered it fighter it. And go beyond bringing music you think about all the eat it. They know who is where one player. I think equipment we use that help artists at a concert in the eighty elbows on or exit in a span it was announced Spotify. By the thinker a lot of out and they hand on it treaty eventually become a really big independent company well. I am so I got excited more about you know ED armored Ian it. So you see other opportunities on the monetize. That information that they half. Totally and I think you know what Babbitt an accident the Arctic a man like they're the only interaction merchandise on her. He argued that you'd pick but I think we're gonna start the product by getting here. Interest in Galilee a Russell with seeking alpha thank you very much Spotify would symbol Spotify. SP OT ESP OT spot. You know the elderly very much go in the new company that I think should be in this business. Is Netflix. Would seem to make a lot of sense that I don't think they can afford. Because Spotify on its own is a 31 billion dollar company you know and I think Netflix could. Increased their feet by two bucks a DP streaming music and people would buy. But as you said it would be very difficult them before that they're having to spend all their money to try to maintain their their video content and the video continent and and the cost to contents gonna go higher and higher for them to see if Microsoft or apple bias Spotify. Does it become uncool. You know it right now that the it is what younger generation. Uses. You know I probably get attorneys Spotify. I Don I'm on Amazon urine was businesses say they were beats. Has it worked out that way for beats is beats and Nestle selling like crazy from as part. Are you keep the name Spotify you wouldn't call like Microsoft music doubt that would be deadly ice yet so you try to. Prevent yet just like half the stuff you drink is made by Coke. Right that but it's like these cool names right now admiral Blanco do you see is that rhetorical Roy eager recruits that yeah had a before it's a Sulzer right now it's like it did it but my wife loves it. Amazon getting into that business. Museum on Amazon does like ice to buy coffee pods from I can't remember who was San Francisco they're like that. And they're like 35 cents applaud via Amazon starts manufacturing coffee now for interest copy it's delicious too. In the you don't even notes and Amazon brand she really arts colts Lima. But the heat that's when Amazon does as the undercut the greens so how much does that cost. That's cheaper is really 31 cents while I I think you could see the the same thing. You know we've with the other products Heidi that's kind of the Amazon business model come and sell it on our platform. Develop a client base and then we'll divide designed something with a new Amazon rain we'll stealing your client experience that's the danger of going on himself absolutely. The Dow is down seventeen points when we come back we'll be talking about eighteen feet Time Warner big merger. It's not too late to get a great grade and whole mortgage leader bank specializes in a wide variety of purchase and refinance loans at some of the most competitive rates in New England a dedicated loan officer will work with you every step of the way and their local decision making means a faster closing call lead 776917900. That's 8776917900. Or visit leader banks dot com member FDIC's equal housing lender. And MLS number 449250. Subject to credit approval leader bank a step ahead. If you're 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 all now 803934001. That's 803934001. Or download the guide right now what financial exchange showed dot com securities are protestors America incorporated number finesse or 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 -- 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 -- -- and 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 a bull -- irrevocable trust and what's the difference between the -- should you consider a special needs trust -- 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 -- at 8668485699. That's 8668485699. You can also download it right now by logging on 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 time call now for my new free -- demystify -- at 8668485699. Or get it right now 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 Z rent 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 to add zero to its list of offerings. Visit C Rand dot net or call 7816418691. For more information that 7816418691781641. Comes up 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. If there's a lot every week had a residence and for main buckets. If an immediate annuity where you give insurance kept reminding guarantee pension yet fixed annuity which is just a predetermined rate for a predetermined time. It index annuity and variable annuity and those two 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. But 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 CD use it won't see for instance a six month fixed annuity that your general. Definition yet fixed rate of return for a fixed period of time Noah the IC insurance. Spokesman 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 only 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. 393. 4001. Securities offered through securities America incorporated member funeral 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. 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 on 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 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's 803934001. Where you can download the guide right now at Armstrong advisory dot com. Attorneys are protestors American corporate membership recipe see an advisory services are protestors American -- incorporated Barry Armstrong representative ultra 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 reward accounts of 1% cash back with a debit purchases and an extra 10% back when you user carted featured businesses to qualify for these and other awards using statements direct deposit 1000 dollars and make a debit transactions each month to learn more call 8776917900. Or visit leader bank dot com minimum to open and earned annual percentage yield ten dollars mass residents only these may reduce earnings rate subject to change without notice member FTSE. Leader bank a step ahead hi this is very Armstrong and 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 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 -- called the Z deposit team to get started at 7816418691. 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 shut sun out. 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 very Armstrong and chuck Exxon. We're expecting a ruling on the eighteenth tee Time Warner deal today. My sources tell me it's going to be around 4:30 PM that we get the final announcement that announcement though we'll also. If it's gonna serve as a domino effect because then you're gonna have Comcast trying to by fox and you're gonna CBS that's all a sudden going to be in place a lot of deals hanging on this AT&T deal. And then the third topic or recover today is I have found the capsule perfect Father's Day present to. And indict her if you haven't bought your dad a Father's Day present make sure you stay tuned because I've got the best when I thought I don't my son to listen just he's he's. He's forbidden to listen although I've already talked about where all of a friend on FaceBook I. If you. We're where we're ready to go and you let's start about AT&T Time Warner boy how how long does it judgments now a long time the takeover was announced in October of 2016. Is the latest effort by big Telecom or cable company to acquire media assets and this is this is a really interesting case. Because. There should be in my opinion no reason to oppose it and I mean you mobile phone company that wants to buy me a cable company. It's not a phone company buying another phone companies and cable company buying another cable company. It's what's called the vertical merger and hand the argument for doing this is look you already have giants like Google and and FaceBook then RB are dominant in media in the way AT&T just isn't that big anymore what's gonna do to my price Ayman AT&T costs. That's the question. I I don't think hardly anything. But you because AT&T is a sense that the the consumers are says that that's the opposition to isn't it. AT&T is going to be in a position to charge more for the cellphone service and cable they're gonna bundle everything in you know. But the screws well here's the problem they still have to deal with. Another possible merger and the two companies that brought us all lower pricing and sprint. And T ball. And that's another merger has gone that I think is more interesting because I think. That will impact what you pay for your AT&T phone. And what I pay for my sprint phone cut and where other people pay for T-Mobile that's horizontal merger that I think has substantial competitive consequences. This won the argument is on the pricing side. That if they own Time Warner and maybe you'll start to put the screws to other cable companies on on tent like turner. Like they would then own CNN TBS. And they today you know as last time you watch either one of those. Actually last night I was going back and forth to see the coverage of the president and I've won but but briefly I never. But that's what about it. The college tournament games. Don't sometimes but yet so I I just think the argument. To stop this merger is small and what is it due to the stocks is eighteen to I've got AT&T trading 3429. Via Time Warner 9573. I would think they both go up. I've yet for sure. AT&T would because really Randall Stephenson. Has built his growth predicated on expanding this empire beyond. You know a cellphone company can be patient man and its stock right now to AT&T'S got 6% of it right which is I don't think it's gonna go up. The the price all I I think if this deal goes through it will go higher but I'll tell you the risk would AT&T is if this deal doesn't happen. I don't think they have a long term plan one for. Being successful that the problem is this this the phone business is it that is that the veil on DirecTV. Which has been a money loser and and you know direct TV that was doing real world what their losing. Satellite dollars and and replacing it with DirecTV now. Nichols. Which is streaming that's for the world was going and you know every recent well you have been rural areas people still leave there then. You know there there are other form of communication. But the fact of the matter is that dishes are are are being dropped even in rural areas because there's now Internet servers are high speed Internet service. I used the country he is this the property TV's own views right. And an aid this the purchase of DirecTV has not been successful one for AT&T they really need this is survive and I would argue. It actually might help competition by approving of him in the reason I say that is if you think the world has changed. To where the Google's and the Facebook's. Are the big players and we're gonna need more big ball up companies to compete with those companies. AT&T the new AT&T Time Warner may just be able to compete with those big guys. The group is really changed latte what Comcast if this deal does get approved. You can expect Comcast to jump in on the bidding for fox. That right now Disney has an agreement in place to buy fox. I'll tell you what they're Comcast just laying in the weeks witnessing it happens here laying in the weeds with an offer written prepared signed sealed. And ready to be delivered and you talk about a big company. It will be huge in and that's why this is this is another reason why this deal we talked a lot about the the trump story being a big deal in the interest rates for being video. The one huge story this week that we don't know the outcome is this and it has major consequences because as you said. Comcast has a deal ready to purchase the faux assets. They're not even gonna submit its cash deal. It's an all cash Disney's steel stock right now Disney thinks they have to deal with fox and they do Bob liars gonna go out of the stock to watch. That wolf the Klein at 430 after hours is Disney and if this deal is. Britain is a group terrain because then the Comcast all cash deal comes up the next morning tomorrow morning. And then we got to bidding war is a historic time. Yeah you know people Tony years from now people are gonna look back at this. And we're gonna wonder what we worried about then what was the competition you worried about the world is changing very very rapidly. Right Tucker have you RT. Got your dad is that yes he did it Y forty. This is perhaps of them last week is something I did the Omaha steaks and now this is better. This is way better all portable people actually declines as you can use this to cook the stakes are so girl. In the what do you make. It they figured that I definitely appealing to stake. Really well done. Loudly or you know your. Those of you who have access to business insiders this picture of the woman with a flame thrower it's it's it's. That's very moderate I would've thought I would definitely not get that from my wife and I if I guess not an appropriate as they present so who makes this. Elon Musk boring company opus the boring cup 500 dollars by flee. It's cheaper flame throwers in the 1000. That you're gonna have a campfire is like for me. I am woods went don't have enough kindling right I just. Stack up the wood up the flames are are all fired up. We know are my children would be you know it actually works and don't reticent on kids. Leaf blower. Journal's article and throw leaf blower action on the fire ball goes right up there you know Imus and defines. That's corroded you can see if it was and now I go into my final hours like why would immediately in all serious clout to buy a flame thrower but why would you be even be out. I don't know it. The strike is being just a tad. Like just a more dangerous is this message I mean the woman music and every father in America one. I sometimes you don't while I I don't want one because personal account along in my wife is RD said absolutely. Not. I'm under the incident with fire. There is not a home insurer in the country that will not be revising the terms of their insurance policies starting next year meaning if you do business with the boring company many can you start that I should have an. It's it. You're coverage with will be dropped as soon as they find out you've got this 500 dollar claim for from the boring but they're not allowed Paula. What do calling. Buyers. Just not playing well that supplier. The name of the buyers spewing machine is not equally that's the name of the machine you know not a flames broke. They sold 20000 of these things. I am a little envious. I just think it's easy. I don't you tell me it would why don't we know what what I'd be I'd be tempted I've used it big in lake and and be homeless with a but at 48 hours homeless and lifeless and what this. Single job under very sweetly maybe that the odd couple if Google gets thrown out of our house of fibers in the studio please Jon Barry and flame thrower of the role that survived you know well. It's it's in interest and I don't think I I know I'm not. What you drop you know in you know there there may be you know Armstrong who might be putting them. Up next we're gonna be joined by Robert Frank he's a professor at Cornell. Talking about single Payer health care systems what would do to the medical profession would it would do it would dude dude nurses' salaries. We'll talk about that with. Robert Frank next when he talks to. And includes fellow. Every child can the financial exchange on FaceBook FaceBook dot com slash the financial exchange this is the financial exchange radio network. 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 -- -- and with the numerous types of -- available I've got a brand new guide Collins -- 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 -- -- -- -- -- revoke a bull -- irrevocable trust and what's the difference between the -- should you consider a special needs trust -- 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 -- at 8668485699. That's 8668485699. You can also download it right now by logging -- -- 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 demystified -- at 8668485699. Or get it right now 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 produce local neighborhood banks to do their business and now a collection of local banks are offering this unique program including leader bank and still a bank member FDIC. If you're a landlord and are interested in having your bank acquired does he ran technology to Obama called this he ran team at 7816418691. That's 7816418691. Or visit Z Rand dot net stopped chasing down late payments and running to the bank to make your deposits at your bank to add zero to its list of offerings. Visit C Rand dot net or call 7816418691. For more information that 78164186917816418691. Or zero rent dot net. Hi this is very Armstrong and like Q I've watched president trump lay out his agenda very carefully because I know the decisions he made may affect my clients -- 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. Where you can download the guide right now at Armstrong advisory dot com. Dirty suffered histories and are incorporated benefit recipe seen advisory services are protestors American budget 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 very are drunk 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 -- 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 there information and manage all their security deposit Z deposit also automate many of the compliance headaches for landlords such as generating -- disclosure forms and even send out any new interest payments directly to attendance 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 does John. Vote your conscience there aren't just vote go to financial exchange oh does come in castaway. We have had a conversation regarding health care in quite some time Robert Frank is a for. Faster at Cornell University. First paragraph of his recent article right reads single Payer health care systems deliver better outcomes at much lower cost than those that rely primarily on private insurance. As we do in the United States and easy comparison professor would be Canada vs United States. Last time I checked their cost to about 55%. That of the United States. That's right and I think if you look at and a whole collection of advanced countries we spend about twice as much as. Average expenditure in those countries and yet we get. Health outcomes that are on most important measures we care about that aren't good they do so you know we've we really have a lot of kept up here. That counterintuitive we we spend twice as much and we yet. Terrible results why won't why it like where where's the money going in and wire we are useful. What one and a main sources. Of the different is amount that we pay for service providers in the country. The cost the procedures gears dramatically higher than in most of the places. That not just because doctors are paid more a little bit darker more it's also because. Insurance companies have a lot of experience mr. strait of expensive loaded on them there they're going there's a whole lot of racquet or. Looting they told me this aura of a competitive. Competitive hurly burly under our system both the single Payer systems. And much like the Medicare there's been here. The administrative cost burdens that Medicare is only about 2%. Averages there were fifteen to 60%. Loop for prime return it. We read a lot about fraud in Medicare needed it when you have some concerns about that mean it seems like every day turn read papers. Some kind of Medicare fraud and we lost them. I we. That that's one of the knocks on on the Medicare system and is the all for. That is something that obviously would have to be worked out and that's a major Costa you know doctor frank does point out that. Doctors who work for nonprofit Kristi just clinics like the Mayo Clinic. Earned considerably less than their feet for servers counterparts in the very happy with that but he is back with us doctor. To doctor salaries compare in the United States to other countries like Canada and Norway Sweden. There are higher. But but we have many forms of practiced the Cleveland clinic either permanently. Mayo Clinic those are our examples. The quality of care in those facilities. Generally much higher measured by outcome. More and more broad unity and mortality also patient satisfaction buyer. For patients were on the those plans and and the doctors. Earn significantly lower salary than they do and standard fee for service practice but. They have many fewer hassles they have you know these are people who win in the minister of medicine because it was. Help get people well I think most doctors or the men and the other reason but when you're distracted by going dispute also. Other Apple's. That there's just not a satisfying career moon focused mainly on topic they. What about nurses to our nurses making more in the United States and making Canada. Yes I think they do all the art exhibit that comparison figure. For them. In drugs we know that we pay more for you know when you look at our drug costs compared to the rest of the world we pay. Significantly higher I think that's a. Yes that's your evening factor to sort of our cost this the band used by higher drug prices now. Defenders of the of our system will say that well. We're doing all the research and development at least of that breakthrough drugs that have come along in recent years. American consumers are the ones were footing the bill for that others are writing all of our best but there's there's. A grain of truth to that but I think. Potential for substantial. Gloria drug price and despair of the US system we wouldn't be giving up any integration of a lot of duplication and waste of effort is relatively new. Professor do you think we're headed towards a two tier system where you have a Canadian type system for the masses. And then the top one or 2% of the population maybe top 5%. In terms of wealth in the United States has a private system that they pay and pay for an addition to the public system. Well we do see that in and almost every other country that as. I universal. Coverage system provided by the public. Is that people who have unlimited money. Like they do another domain wanna buy better than than most others and they've got the ability to be in the medical field to. How's that worked so yeah I don't I don't think there's any practical step. That the government could take that would. Make that illegal to do or or even whether would be desirable. How is that out though in in doctor how is that worked out in countries that have done. You know there there is some resentment I mean you're here is. The key point suppose there's a new technology that. Expensive. Your kid has. Like threatening illness if you're rich you're Kim will be saved it or not Richard it's back at the very. Difficult scene to watch unfold them public domain. And so the other bird of tension in that. You know my my biggest concern. Mr. frank is that that private system. Might end up being a whole lot bigger than we think in in a rich well to do country like this that's used to the system we have. I just wonder we got the two tiered system with maybe a fifth of the people. Going to that better more preferable system in everybody else getting the rest. You know I think. But public system if it were. Really substantially. Inferior to that. Extra gear that you described would generate enormous pressure to spend more in the public domain. I think that's not. What kind of inequality that people were. To live live comfortably and that's one thing to know that a rich guy a bigger bear true. And that someone else bigger gotten. To know that there are life saving treatment that that personnel that rescued you don't that the bird a bill that populate all. Forget professor thank you very much for joining us who appreciate it. Professor Robert Frank from Cornell joining us with his thoughts on signal higher. I you know when you look let's let's talk about the excess costs doctors nurses drugs and insurance companies. You take those four factors and you reduce the ball right. It take insurance companies like when you look at your insurance premium. Anywhere from fourteen to 18% is going to insurance companies that are so if you're paying two grand a month the man. But again with the other senators were talking about 18% of the economy and you know righting the ship. To be very slow and gradual and it will resisted tool you know we won't do the right thing to actually have to it's gonna take a while. And it's gonna be but he's getting to the point where it's cost prohibitive it yup we've pledging your employer you're you're you're an employer in Europe and you're pulling. Workers that make 20/20 five bucks an hour mean you have to spend. An additional 25000 bucks a year on the health insurance yeah we're we're at a point now where something has to be done I I think what's gonna happen initially is an expansion of Medicare and we talked about instead of you know aged 65 maybe it's good you buy an opportunity for people fifty and older. Pay about our pierce yeah right now I mean how many times have you seen one of our peers. At 58. And yet exactly what witnessing how the unemployment rate improves dramatically. When you take the cost of insuring a fifty year old off the books of employers all the cells I am wants to keep. I think I wanna keep that guy around ya I think UCL all the big improvement in employment for people over age fifty if that was not an issue for employers. Markets up ever so slightly Dow up a point when we come back we're gonna be doing trivia. And the topic of trivia. Is the Singapore peace conference between North Korea in the United States that is next. On the planet to exchange them. The financial exchange is alive on FaceBook so make sure to 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 -- 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 fans do you need to revoke a -- -- an irrevocable trust and what's the difference between the two should you consider a special needs trust -- 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 -- 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 -- -- -- my new free -- did mystifying -- at 8668485699. Or get it right now 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 -- 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. Dirty suffered histories and are incorporated a perfect recipe seen advisory services are protestors American budgets incorporated Barry Armstrong represented a strong advisory group the securities or to companies are unaffiliated guarantees are based on the claims paying ability of the insurer. Are you having problems the blocks incur a 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 that 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 of your 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. 862. 1190 that 781. 862. 1190. Or you can visit them online at easy plumbing MA dot com for more information mass master license number 10. 183 again the number is 781. 862. 1190. I've oaks is chuck and Mike from the financial exchange we're talking this month about and do 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 a new. 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 that can't be an advantage for somebody in high tax bracket today. Other benefits that are on their you have the ability at these writers either income benefits or death benefits on new tees 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 them sometimes. They do lock your money up for long periods of time was 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 and taxed at ordinary income rates as opposed to at capital gains rates folks all this information and more. Is included in our new guide the truth about annuities 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. They say video pads ten pounds. But don't tell Barry in charge the financial exchanges alive every day on FaceBook and YouTube and this is the financial exchange radio network. In light of the summit in Singapore between president trump and North Korean dictator Kim Jong balloon. We are going to be asking trivia questions about North Korea. Our text number is 63566. If you've not texted us before put my first name at the beginning. Of your text message and don't forget trivia is brought to you by Arnold's. Europe and east and we've got to stop their best onion rings on the cape. What percentage. Of the vote did Kim Jong-un. Received in North Korea's 2014. Election. Again our text number 63566. The correct answer the person I guess I was criticized yesterday because it's just days that we need to assume because there's a delay for people that are. Listening to us on the street so what who are making correct answer number twelve. That are the lowest number twelve was twelve or twelve she couldn he's just she just gave me the ISI it's to the twelfth. Person with the correct answer to that question. Will win a fifty dollar gift certificate to my favorite place on the cape Arnold's. Again the text number 63566. Which percentage of the vote did Kim Jong-un received in North Korea's. 2014 election. My first name at the beginning of the text if you are not part of our techs club hasn't yet this is like a music stations caller number twelve yeah we had. Caller number twelve and so over the weekend I I have a confession to make you gotta give kudos to you know work kudos deserves. Tucker texted me over the weekend said there inside information. Whole foods is going to be doing delivery. In the Boston market method man I've looked at opposite youthful it's only in the south. What do you what is tough what would it how could Tucker sell the scoop me turns that he did while this was not Starbucks this is. This is another company and as we know yes the deterrent start with a well he goes incidents like yeah there's this paycheck at star. And like you know patriots camp that I get that done but. His expertise is not expanded Amazon yes. And all fruits and whole was expert tell us what happened a whole foods boy guy that we talked about yesterday is that it's going to go to our grocery delivery. Now expanded to the Boston area and so check your zip codes on and as I try for me right I don't do you can do it I'll tell you what John CE. Your hours here you're not a big fan that's rightly you don't care I don't use it but yeah I'm I could see where it's convenient. I give you an example of my wife's going out to dinner and there's no food in our house I mean there's. Nothing dizziness cracker right. Portraits crack and on drive into the tape. And I'm not gonna get home after go to the gym I'd get home 7730. I can now on and download the whole foods yeah. I can order whatever it is I want to make sure you do after the show so I don't yell on the flick you know you can now launch is -- are headed dinners here I don't an angry text from you'll be left it doesn't work very I can get it delivered his it's in my zip code so it's a total convenience thing like I guess that's a lot of people gonna get a lot of benefit from this and the -- Baltimore Boston Philadelphia and Richmond are at the cutting it to the starting today starting today right now and on the prime member the I like I feel special I think at that press releases says you have to spend 35 dollars more that's easy. And then I think you buy an apple thirty I think it's idle for eight bucks for the delivery male if you that's if you wanna within an hour if you wanna get an hour. Well seven dollars and 99 cents an idea I I don't need for hours I can ordered at noon right. It would be delivered to my house I can even specify believe yes that I want it delivered at 7 PM in BC there informed I'd I'd I am. I'm quite excited about what in you know if you're ordering for like for work. Good I can order lunch. It's a great as any in chances are you gonna spend the 799 because you all about it if I order lunch for the office now whole foods is an option will go ahead there is a winner by Erica it as something pro you can go and order lunch if you wanna hang around you'll hang around for I will hang around for four hopefuls launch in and check this. But really good good news. I think it is a state an asset protection planning can be overwhelming where do you start and how do you know what type of trust is right for you and your family. With numerous types of trusts available Cushing handle and has a brand new guide called. As for the different types of trusts that exist. And help you figure out which type is right for you and your family. Do you need to revoke bowl or an irrevocable trust. What is the difference between the two should you consider a special needs struck story life insurance for what is the tax implications of each type of trust. This guide will answer these questions and more so called right now to request this free guide at 8668485699. That's 866. 8485699. He can also download it right now by logging on to legal exchange showed dot com. Learn how to reduce and potentially eliminate your state taxes and protect your assets from the nursing home. All at the same time call right now for my. New or for top Huskies. New free guide called. Dean mystifying trusts and 8668485699. Or get it right now as legal exchange showed dot com. Well we have yet one more example as to how millennial rules are screwing up American society. Here's the here's an example of exactly were talking about any given takes six comments boomer seller you as the property. The town has great schools millennial buyer I don't have kids. Boomer cellar houses three bedrooms my husband and I have enjoyed for years. Millennial buyer I live alone with my dog. Boomer cellar while there's a wonderful yards for your dog to play here in millennial buyer. It's a very small dog and but the problem is the that this is what's happening there this three bedroom house. Is actually easy just yet it's the five bedroom colonial. But why do you need a five bedroom colonial if you have no kids yeah intellect by colonials don't breed and because they're sperm count is it's very well. It is do you remember right I gave you that studies you're you're Smart I don't remember it's it's back to medical fact while sperm counts decides thought on the Internet I smells like structure yet on me like we have a five bedroom house that the colonial big issues birthrate. Birth rate is a big issue and then that huddle you guys have the lowest birthrate in American history with is wrong with what remained there late. That may be the art be the one thing. The the the cohort of women showing an uptick in first time births are women over 35 years old in fact. The rate a first time births for women between the ages of forty and 44 years old. Doubled between 191922. I believe is the highest ever I go to the playground with my granddaughters you know end. There's a lot of old mothers yell at the at the playground like I looked around and dad and gentle old as I can see these guys that are well into their forty yeah. Chase it around to your yet and we begin myself. These graduation ceremonies visitors to receive that the death is people who were there are you figure the grandfather they're not yet it looks like a bunch of grandparents and it's not it. The fact is that the overall rate is down there but even within that context. The number people under age thirty having kids is at a record low. And the all each every five years above that the numbers go higher and they don't seem to care. Like I chide them about it repeatedly they don't care. That is the the beard that they just laugh it off they meet the year. Perfectly happy not having children. Well and you know the argument is we have more and more people educated getting degrees and postgraduate degrees in with a look at how expensive so they see how expensive it is but what they're not even getting out of school to 23 to 27. He and then they wanna get that first job when I get settled my first job. So you know it's the whole process is going to have a sense you know as we've always had maybe it's. He had big boom right after the war right yeah. You know historically back. You know go back I think back to the eighteen hundreds rate when you're an agricultural society. And we would have ten and eleven kids I wonder if it if it begins to reverse when the children in this process. There aren't any. Does appeal to but I just wonder if the children were being born when they get older. Start to think you know. I don't want my kids. To be an only child old war to be as old as I was in. What win you know when my parents had me yeah and when I graduate high school and when I graduated college how does this impact the immigration discussion. I think it puts pressure to try to reform immigration to the point we're gonna be able to allow. A lot more people in on our terms now. Because that's where immigration bill I agree I I think you're gonna see. In the coming years in the the the lobbyist complain yours are going to be people like us who wants that done right and employers big. Companies like Wal-Mart the Amazon's of the world are gonna say Mr. President. We can't find enough workers and our economy is gonna stop going to stall speed much like Japan. Japan's populations actually decline and it's turning out to be an absolute nightmare yeah aside their first tour for a little bit though because I think they also have gone through a couple of generations of realizing. This is a terror await ago still last year more people. He is a bit shrinkage in population in 2017 it's been going that way for a long time but no I I think what we're looking at is an immigration policy then that eventually begins to invite more people in him. We have million a year now. Yet and we will gonna need more assuming the economy stays strong and grows we're gonna have a need for workforce. US steel planning to had. More than 800 jobs this year this is a great story speaking of jobs yeah and in fact the US steel reopen the facility in Illinois how often do you see that. In the steel industry. They reopen the facility in Illinois creating 800 jobs directly. They argue even a lot more jobs in the community indirectly. US steel president makes a good point he says you know. Talk about trade war. We've been a trade war for thirty years. We've just been on the bad end of the tree right war so yeah I mean this is the good side of what we're dealing with here. Is some steel jobs are coming home. The answer tore trivia question or at least the answer in the winner will be announced when we come back we'll also be joined by Andy hall. We'll be talking about Nissan picking somebody who did make it. At a third of the Carter who who they vote car owner of the Nissan kick knees beside ticks ticks ticks what. Kicks HR beads and other cars. Barry and shut. -- justice is the financial exchange radio network 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 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. He's a protester is American corporate numbers can rest a PC advisory services are protestors American budgets incorporated Barry arms are represented a strong advisory group and secure Isner to companies are unaffiliated guarantees are based on the greens and 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 that 7816418691716418691. 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 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 friendly -- revoke -- -- -- 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 -- 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 the pays June with liter maximum reward accounts can 1% cash back with -- debit purchases and an extra 10% back when you user -- featured businesses 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 he's may reduce earnings -- subject to change without notice member FDIC leader 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 on guaranteed by the bank and may go down in value leader -- a step ahead. Security suffered through securities America team 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 Barry is 63566. To send your first and last name and get involved today you're listening to the financial exchange radio network. Having problems would block six easy plumbing can help easy makes it easy with the staff fully licensed. Professional plumber. That will not only fix your issue. But we'll keep it from happening again call easy plumbing today at 78186. To 1190 or visit them on line. At easy plumbing mass dot com easy does it mask master license number 10183. North Koreans went to the poll on March 9 2014 to vote for deputies in the supreme people's assembly. There were no recounts or hanging chads. State media reported that there was 100% voter turnout in Kim Jong-un received 100%. Of the vote. And he doesn't do. Amazing get out of debt he did you know you know that really you never has elegant eighteen old ones or something like that there is a great golf unbelievable an incredible get out the vote campaign no question about that the winner is Jeff from Fairfield Connecticut he nailed it. In our tribute content has brought you by Arnold's lobster and clam bar located on US route six in east and their lead chef Susie is one the Cape Cod stuff planned contest for the third year in a row get down Arnold's and check out their great food for yourself call 508. 2552575. Or visit them online at Arnold's restaurant dot com for more information. You know in the red hot crossover SUV segment the joke the joke no idea these. It's a pretty ugly vehicle it's gone. The kicks is Ian Nissan hasn't new entry replacing the curiously designed juke. Joining us talk about ME hall with CNET road show any thanks for joining us. Staying it no problem and I can't believe you don't like home when I at. The I don't. Dad now now. And this DMV you're the woman dubbed this ugly cute so don't get an a level. They. And is it directly in the it ultimately. I'll I'll. I'll. But it is a little bit. And we're key. We're young and. What caught my attention enemy of the price tag. Very low. How Ballard. So what I mean that you're up there are all you need 3000 dollar bad you know they're not out there are. And and is we have some kind of I only did buying in a lot of time when many of our economy cartons at what we're. There'll be big and the wind while on it and eat cheap battle and that that but actually has wild people. Okay I'll give you one that may be does the Hyundai car. I did that the ugly cute thing really got me there at the Hyundai Kona how does that it's stack up head to head. Conan is on on our. And it under and it. Eat out are I believe and it's only going aren't we hope they're all I offered. We ever but when you look at. Like that it need prieta each art. That is not out of the hole right there and I. The ink is. You know this is really an entry level vehicle are all wheel drive it a little bit and make it eight at helping. Target market for their car is going to want I'll direct that. You know I'm looking at that segment myself personally and like the suit the CHR looks great but they've been a while wheel drive in the backseat is truly claustrophobic. The HRV is your basic boring safe default haunt the choice. And the cooler keeps got my attention so like that's a really competitive segment business. It'd be near you we love our. Eight meat and not enough of that even though this. Actually built on earth platform at its. EPA qualified it. By the act. Not you know out. Of I don't really need all. Or. It at all that are out there would not mean you're gonna step it up the next level. We don't need EP. They need on broke board. About the net or there on day it was. On HR ER EE RRP. On this side of the tree and yet. You're a little bit and eat a compact car your op opt out. So once you got my attention those would you did the issue found out that basic stuff like android auto and apple cart play which to meet as a modest. Is included in the package is gonna get you north of twenty right. Our plan and Iowa are not offered on the model. But me and you are glad he's in even adopting apple cart plain and I don't mean offer our. Whereas a lot of manufactured offered. Across the board that I did even including all. I would like a the ever will be at LE. Amid an order get the apple cart. Annie Hall with CNET roadshow out I wanna be you're gonna be our go to person in the ugly cute segment if that's okay. You know what no problem. Any kind of car in the all. And and. Text us and let us know is we are break that story. Up. Ardently hope to see that Russians make you very much. Yuri I hear you guys talking about all these new cars Tony 2025000. The more I think about it I think my next car might be used car. A car that has. Thirty to 40000 miles on it. You get that car for less than half price it's a much better deal was not your values of get a DN cannot separate out by CarMax dealership. And knock it down eat your client. There and just seems like a better deal by me so I I agree Dow's up twenty points the S and p.'s up six and oil's trading at 6638. Seed more guys.