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Full Show 8-29-18

Aug 29, 2018|

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This is the financial exchange with the very Armstrong and chunks of you're exclusive look at business and financial news affecting your day you're sick leave your world. Stay informed and up today about economic and market trends plus get breaking business news and every day. And now the financial exchange with a Barry Armstrong and chuck Exxon. It looks like Canada is coming to the negotiating table but a lot of the president's allies are opposed to this new deal with Mexico and Canada. They're saying that NAFTA part two is much worse than NAFTA one we'll talk about that. And then we want to know your opinion as to what is worse for you. We eat or alcohol hi everybody it's very chart with you here it is a Wednesday morning. And all of a sudden Canada seems to be racing to the negotiating table. Kirstie yeah Freeman who is Canada's foreign minister said on Tuesday. After the meeting with the United States for trades represented Rand representatives. This is a really big deal and it's going to be. Valuable for workers in Canada and the United States boy that's an about face. Yet something where it sounds like they they want pretty strongly to make sure that they are included in any deal. That is negotiated here and so she will be in. In the United States in Washington today and tomorrow arms are rather tomorrow win Friday. To try to figure if there's a way to get candidate into this and also make sure that all of the provisions that are in the deal. Are potentially palatable to Canada and that they're willing to agree on the same terms that the US and Mexico car. And it's important understand why this needs to be done by the end of August. Because they have congress has to sit on this for there for ninety days. Before they can vote on and they wanna do it before we have a new congress. And they got that they are up against the clock there are you know it's gonna be right under the wire it's it's going to be tight to see if they can get this done. Right now I I don't know if they will you know if it would require congress staying in session for extra time as well in order to make sure they can get it done soon. It's there are some big questions as to whether or not this goes into effect if you have a new congress if that new congress ends up being a Democrat controlled congress. You may not be able to get this deal through. The best thing that's on me the perspective is very interesting on this story because. Canada is just 110 the size of the United States. Yet chuck they send three quarters of their exports to the United States it's and so the unit that we. The candidate just does not have. Much of negotiating point now that challenge they have is Donald Trump is very unpopular in Canada. Trudeau prime minister Trudeau is running for reelection. And he appears weak which he does on this issue. It may hurt his reelection. At coda I don't know if that necessarily. If if that necessarily affects where he ends of going with this just because as you said. He does have much choice there's not a whole lot of choice for Canada. On this deal necessarily so. I don't know if it's going to have a huge impact when you look at the internal politics of Canada then I don't understand the internal politics of candidates on up professing to be any kind of expert there. But when you just look at the dollars and cents. It's something we're hate you a candidate needs to be involved in this deal in some way whether their changes that need to happen in order to make this palatable for them you know that that's another question. What brings up a good point in and that is. Is this a good deal for Canada. And the United States I I see where Mexico is gaining from this I'm not sure eight and I look at that. You know there there is an article written that I read. As it relates to. Donald Trump allies being opposed to just deal. Republican band sax it here's a quote from Ben sat and working through the details of the possible US Mexico agreement. But there is reason to worry that this might be a step backward. From NAFTA. For American families especially on fundamental issues of presumed expiration of the deal. And empowering government bureaucrats rather than markets to determine the components in cars and other goods. And that goes to. You're gonna have to make more of the components of these vehicles in North America as opposed to the old. Well and in and look at that is fundamentally. The goal of the trump administration. It's not something they've been trying to hide yup you know this is this is not something that his being in the you know a hidden feature world listen beep wake up zero G they wanna bring production back into the United States. It's been a goal of the trumpet ministries it's been a stated goal I think there are questions as to whether or not. That's the best way to accomplish what you want to accomplish what there's a lot that you think you look at the Cato Institute institute this signing off against. Need this yet I don't really care who's against or for a more interest in hey what's what's actually going on in this deal ray in in here are what the the actual issues are the people brought out. Number one right now NAFTA exists in perpetuity meaning. Unless someone goes and says look I want to leave this and I wanted to cancel this is and it continues to exist. With the new renegotiated deal it's a sixteen year deal why they picked that number of years I don't know. To sixteen year deal and then they have the possibility possibility to either extend for an additional sixteen years or just renew for a shorter six year time appeared. The reason why businesses are concerned when you see a sunset provision like that on something like they don't want spent two billion dollars and factory. It will it in especially as you get close to that let's say that your year to route ended the continued existence of said trade deals in question raised uncertainty potentially adds uncertainty to businesses so that's why businesses don't let sunset and visions. And to be honest of them either because honestly if you don't want to be the deal at some point. Hey. You you deal with you say OK I'm going to have the courage to say were don't believe this and and and we have the votes to do it and so forth and leave it. If you're doing is saying hey we just want this sunset because it might not be right in the future. Kind of a cop out to be honest so I don't love that there's some other things that are interesting in this that as as you start to dig through the details. Don't make a ton of sense. Unless you're looking at the from the perspective of trying to bring bring production back to the US so right now in NAFTA. There are a number of protections. For US investors in Mexico and specifically regards to a the Mexican government can't come in just at or operate year you know physical property like Venezuela did like Venezuela did and also their protections. Just in terms of good faith protections and so forces they can't legislate out US companies as well it's you know it's kind of how they built this can't steal technology he can't steal technology you can't add taxes just for US based companies and things like that. This new deal. Get rid of those protections. OK it still doesn't allow for physical expropriation saying okay you know Mexico kick coming in to say hey we're gonna take over that auto plant to Mexico and tax. Mexico can taxed at it and also beyond that they can add enough red tape on US based companies if they want to to make US companies. And kind of under that's itself on. That's self defeating season and they do that. Well here's the thing if they're trying to support their own company's new it's not and it also has the effect of making US companies want to bring production back to the US which is why I say. This is a feature not a bug yup this is intentional. This is in here. Because I I think the trump administration is saying look we want to make the climate abroad and little bit less hospitable for US companies of their force to bring production back domestic and that was that was part they clap I don't think they're hiding it. I don't think that provisions a good thing because it doesn't allow for. You know economies of scale it to really take place on the international level but. This a feature it's not a blog this is what they're trying to do here bright and I think there are questions on some of these provisions hate does this make the most sensible. We'll find out only time will tell. There's talk about candidates yesterday we asked that question as to whether or not candidates should be legalized on a federal level. Final results on that temperament 63%. Yellows like 6040. Sixty Labor Day events is fair in favor of legalizing them on a federal not just on the federal state and local level. I came across some scientific research as a relates to campus and where to share and Daniel be able to participate in a poll. I knew a large new study suggested that for people between the ages of fifteen and 49 years old. Alcohol was the leading risk factor for death in the year 2016. Right so we're we're kind of walking through Milwaukee through that the pros and cons of alcohol verses candidates. But for fifteen to 49. Alcohol leading risk factor for death this a couple of years ago 2016. The lancet this study found that among people aged fifteen to 49. Alcohol use is leading health risk across the globe with three point 8% of all female deaths and twelve point 2% of all male deaths. Attributable to alcohol and how many deaths total Lewis that was in there to 30000. Yeah how many for Canada us. I'd non-GAAP and non there's your answer me that well that's one point. At one point death we we we have that we we've got other stuff to talk about it because it one of the things it is a little disconcerting is the mental part. Let's see they have been easier documented deaths okay. Marijuana appears to be significantly. Less addictive than alcohol yet mail without a doubt. Most studies of found that pretty conclusively yet you watch somebody go with her alcoholic. Gorgeous and all images addicted and they don't well yeah Betty yet the district but I'm talking about like if you RC. Somebody goes you know it it's physically addictive and alcohol. Marijuana however Tucker may be harder on your heart while moderate drinking might be that beneficial. There's some candidates can be bad and bad for your heart. Alcohol is strongly linked with several types of cancer marijuana is not linked with cancer. Both drugs may be linked with risks while driving and alcohol is worst you buy that no. You think he canvases justice that I I I think in certain situations it's certainly can be. The highly in the the traffic safety administration said go in their studies. That you're better driver on canvas and you are now all we've got here better driver. On campus unable either but it's huge it's still a worse driver than if you were driving so that god. Several studies linked alcohol with violence particularly at home that has not been found for cam and canvas I have tough a tough time wrapping my head around that just because it's tough to find what's causing what's effects and you know were people who were more violent more prone to drink or people who were drinking more prone to violence it's. Kinda tough to separate those two issues in all cases let's talk about memory issues both drugs negatively affect your memories but in different ways. That when we're done. Both Paltrow memory nationally I gaffe. Q I don't worry about it. Here's one note that you you need to look at. Both drugs are linked to an increased risk of psychiatric. Disease for Wii users psychosis and schizophrenia. Our main concern with boos not into the depression and anxiety. Generally it's you you're talking about the specific mechanisms that there are working on in the brain there not alcohol appears to be more tied closely to weight gain despite marijuana triggering. Demolished she's occasionally yeah and you know so that this study kind of looked out and said OK when you when you add everything together than. Profile marijuana appears to be safer in general and I tend to agree with that. Well that's our poll question what is worse for you marijuana or alcohol. Right now 42% of you think marijuana is worse and 57%. Think alcohol is the worst thing you can do. Probably the best thing you do is abstain from both right. Yeah I mean in a perfect world bureau it's too good Mormon or you know I don't smoke you're doing and right you don't need you don't do either but. That's not our poll question we wanna know from your perspective. What do you think is worse marijuana or alcohol you can participate in the poll by visiting our website financial exchange showed dot com you can also. Text us with your thoughts you may have something you want to bring up that we didn't discuss. It's 63566. That's our text number. My first name at the beginning of your text message to Barry BA RY what is worse for you marijuana or alcohol 63566. When we come back were we talking about Coca-Cola. Acquiring. A company in New England actually based in Maine. We wanna hear from you. Tech Steward diaries 263566. And let us know what you think about the stories we disguise your team to the financial exchange radio network. Hi this is very Armstrong if you're a regular listener to my show you know that I talk a lot about investment strategy and financial planning my goal is to help you maintain and grow your existing assets and part of my philosophy includes informing you of changes within the investment community that you might not be aware of the Fed has raised the federal funds rate five times in the last sixteen months with two more rate hikes expected before the end of the year investing in a rising rate environment can present challenges especially with what are typically considered safe investments like bonds or dividend paying stocks safe money isn't always safe when the rates are going up -- need to call right now for my free guide which can help you navigate how rising interest rates could affect your portfolio call 803934. Zeros -- one that's 803934001. Or download now from our website Armstrong advisory dot com. Terri suffered securities America incorporated members in SIPC and advisory services are with the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group the securities America companies are unaffiliated. Are you having problems the blocked sink or drain. What a leaky Foster a shower. These types of minor problems can become big headaches if they're not dealt with quickly and efficiently in believe me. I've had all kinds of trouble trying to get people who can come in and do capable. Qualified work I talked easy plumbing in their professional punctual and thorough and all the work that they do so if you need a reliable plumber. With fair competitive prices. Cold 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. 1190s that 781. 8621190. Or you can visit them online at easy plumbing MA dot com for more information. Massa master license number 10. 183 again the number is 781862119. No. 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 the. Z deposit dot net Jake what use Z deposit. 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 commerce science. And yet to go into the branch gets signed paperwork and their small dollars and Andy turn. It is certainly the complaints in Massachusetts really tough for glamour and security deposit accounts. 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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 two great concept you might wanna learn more about 7816418691. Security suffered through securities America income members finreg SIPC an advisory services arbiters securities America advisors think Gary Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated stock tips stuck with the barrier. And strong and shuts gonna fix the financial exchange on the financial exchange radio network. This segment of the financial exchange is brought to you win par but easy plumbing the experts to help solve your heating and drain cleaning jobs. Don't let the sound of a leaky faucet shower. Keep you up all night call easy plumbing. It's easy makes it easy to guys easy plumbing are fast professional and clean and they'll take care of your issue. And they'll leave your home in pristine condition when they're done coal easy plumbing today at 781862. 1190. Or visit them online at easy plumbing MA dot com mass master license number 101. Eat. Talk Korean a lot of text messages on the topic of what is worse for you physically. Which were angry and mentally and what's worse for you blues world we'd. Finally decided loses worse okay well I wonder why you think won it the other. Another Bible it says no one has ever associated any health benefits with alcohol. But they have with Candace well I mean united Richard glass of red wine and Bannister typical. You know health tip. I guess but you know you're always question if that's legitimate or not that's that's been refuted yeah 978 says cardiologists. Are not fans of pot it's worse on your longs than tobacco very thing. For a while but nobody if you're smoking. Lead. It is if he hit it you're not using a filter you don't know be it via its target but you're also typically not smoking twenty joints a day. Now you know Bratton are all now but it's a no and I'm sure there's people who do but. The good shopping cart users will be hard to do the big thing with with Candace now news is one its gaping team what you mentioned talker. Which means you're not inhaling sought a lot of the toxins are not here here and hilly but it's still harsh it's it's still you're not doing yourself any. Favors by anything. And then the animals are very common view where the use you can walk into these dispensaries in this sell you. Gummy bear type. Items are brownies cookies earned and that's how a lot of people. Especially those on medical errors I've heard. Getting there can't be the biggest that you have would those is. Dealing with kids who may see them and not realize that oh this is something that I shouldn't have an all listen kid eats the dummy Newsome they're gonna pay what the heck do I do now. Little woman who eat two of them right they didn't hear her son it prepares them left them on the count guilty to a freaked out yeah but I mean the same Khamese I'd I'd totally understand your pointer but the same can be said for glasses you don't blocker Crandall like remember you're just yet differs glass of vodka doesn't mess you up for twelve hours Jersey you know couple dummies and you're six years old you're going to be messed up for the right today I mean the point visually tell area yet there's there's no doubt about it is just it's. It's unlike alcohol you're ingesting. Marijuana. Debts it's given mess you up your whole day you know. When the app poll numbers shows have partnered up numbers it's a pretty early early so. What is worse for you marijuana or alcohol looks like forty to 57 a 52% of sang out of 57% saying alcohol. And at that will seek the CEO of the numbers though Coca-Cola acquires. Beloved means soda company moxie as ever had moxie never heard of it you've never heard of marks and never you've got to be kidding it's big in northern. Bigger northern and always Minnesota yeah it's it's. I don't drink soda so I've never had on either I'm unfamiliar with. What it is MO XIE. This is a a beverage it's been around almost 200 years now down Republican and pitcher are now I've never seen in my life. And it's been owned for awhile now by Coca all of northern New England which is an independent bottling company. That is based in Bedford New Hampshire and if it's kind of a bittersweet day for moxie on one level Kazuo look at this and you say okay they're gonna have bigger distribution they could probably make more sales and so lower their cost you know probably good for them and from that respect. But he's there he saved. And is the company that used to be owned just it was a local New England company you know it had its roots here it's company that you know really is kind of a regional thing you come here and get Tucker has even heard of it and he's from around your suit kind of had this niche. Any kind of lose now. So it's. I think it's it's probably good for the company overall to surprise but it's it's a little bit sad and and I think it does raise questions they eventually did they move this production away. And visit you know and it being produced somewhere else. Who's kind of like that candy company in Revere was that companies one echo necco Yemen as him. Also a major showdown producing anything I think shutter down down and moved the manufacturing to another location. I chipotle getting into the delivery business he can download the chipotle app on your phone. And now order. Door to do word delivery of your chipotle burrito or bowl or whatever it is you get it's available. In seventy markets. 18100 chipotle locations I don't know if it's a knowing. And try it looks like they're gonna have free delivery by the way for the next two weeks until September 12 after which it's gonna be six bucks an order for delivery six bucks in order so you better be doing a reporter Padilla off don't do just for yourself. Up next will be talking about how you can save money on your cellphone bill. 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 blocked sink or drain. What a leaky Foster a shower. These types of minor problems can become big headaches if they're not dealt with quickly and efficiently in believe me. I've had all kinds of trouble trying to get people who can come in and do capable. Qualified work I talked easy plumbing in their professional punctual and thorough and all the work that they do so if you need a reliable plumber. With fair competitive prices. All easy plumbing. Easy makes it easy they're experts they're knowledgeable they're courteous they will be on time to take care viewer issue and make sure that it doesn't happen again all you have to do is call today in your plumbing problems. They're history call easy plumbing at 781. 862. 1190s that 781. 862. 1190. Or you can visit them on line at easy plumbing MA dot com for more information mass master license number 10. 183 again the number is 781. 862119. 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Or zero rent dot net many of you listening today your probably retired or getting close to retirement age so have you taken the time to think about what happens if you or your spouse gets sick and needs nursing home care. What would you do if your spouse didn't have enough money to live on because you were in a nursing home in depleting your acids by thousands of dollars a month. How long would your money last if you share these concerns and you need to call Cushing in Dolan they've got a brand new kind of this month told the difference between life estates and irrevocable trusts they can help educate you on how to deal with this problem. Your situation will dictate which product would be best for you. 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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 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 even send out annual interest payments directly to attendants just 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 a step ahead. 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Or visit leader bank dot com not a deposit not FDIC insured uninsured by any federal government agency god guaranteed by the bank and may go down in value leader back a step ahead this is a special announcement for all landlords chasing down only rent payments and making trips to the bank to deposit checks -- hassle out of -- today we're zero and leader banks all mine rent collection tool he -- automatically -- tenant's rent and deposited into your account visit WWW -- he -- dot net to learn more -- -- rent your payments for each unit to receive regularly on the same day every month tenants pay nothing in the first six months -- free -- -- landlords visit WWW -- see rent dot meant to learn more or call 7816418691. Time now for Wall Street watch a look at the market's performance so far today it until Darian jug right here on the financial exchange radio network. The markets are open era. Positively thus far do you think we get a pop shop on Friday if candidates signs off on this NAFTA part to order in Monaco. Kabila and I don't know if there's too much left on that at this point now. You know it's I think the big question is can you actually get this thing through congress and in the time that you need to. You know honestly I get it done before war basically he'd need to get it done right around Thanksgiving and they have to sit on it for ninety days they don't have a chance at Thanksgiving now. Now they have to write it actually ninety days so they have to get it done before the next congress it's assuming they lose the congress which is not it Oregon and it's going to be an early January if they get on if they get them at all. Yeah apparent. And we we about that whole question about Kansas which what what's worse in your opinion. Booze or wheat. You can participate in the poll by visiting our website financial exchange showed dot com I just at a couple text messages that feel like Andy to share 754. Right. Bury my brother smoked weed for twenty plus years and one day he was hospitalized with psychosis after months in the psych unit. He was diagnosed with schizophrenia. There's no history of mental illness in our family so I think it could have been the weed but. PS. He was also. He eat it sounds like the he had the whole gamut covered. In years and another. There's a lot of they. 413 right to can't deal on pot. 603 right Kerry I'm a former Oprah don't let anybody tell you they're not impaired while smoking dope now denying that now. In the same and there's an interest in one from five await my promises truck driver who gets tested. Might going to play game cards guys drinking and not get drunk but if they're smoking weed he's gonna test. Positive you know they'll bring up anyway that's that's where we are well aware of the results on the pole so far talker. 61% of our listeners think alcohol is worst for you 61 and tell what I'd expect some fortunately all 562. Is that people are voting. You know I think it's unfair though because. Because marijuana is an illegal drug. I'm not sure that there a lot of studying has been done on you know elected to find out a one thing that would worry me is. If there's an increased use among teenagers because we know yes that. Teenage use of candidates really screws up but it. Yes that's that's the big thing and specifically that's the age were if you wore a heavy marijuana user during your teenage years. That's where potentially has a very elevated risk if things like bipolar disorder like schizophrenic and things along those lines. So it is something where you say okay we can make this legal. But we need to make sure that we're protecting our kids because there are impacts that you can't really reversed. If you have it early on as promised. We're we're talking about how to save a few bucks on your cell phone bills sprint. Is bringing back their kick start promotion offering unlimited data. Pretty good unlimited data for 25 bucks a month if you switch how long is this good. This is probably going to be going for the next week or so and so it's a pretty quick turn around the gap to make in order to switch I just switch this morning. But how long so he made the switch I made the switch this morning from AT&T okay. And I'm AT&T I was in their cheapest plan I was getting only one gigabyte of data a month and I was paying 55 dollars a month. So I switch because I'm gonna say about 400 bucks over the course of the year. He likes he switcher weigh this against which are at this point I'm gonna kind of run it I bet how long is this sprint deal good for like in the east change and dealing in three months it's there's no long term contracts or they could potentially change that in the future and they'd do which I can just go back you know I don't have any kind of contractor or anything like that so your phone number kept my phone number I get every I get my new sim card tomorrow so I go on its sprint network tomorrow and then I'd deactivate my AT&T service. But I look at this nice say. Look most of the time AM around Wi-Fi. Beat most of the time at least were I am and I'm driving. My signals pretty good anyways I need to make a phone call them or can sweep until I get wherever I'm going anyway I was desperate servicing your home I don't send nude I tell you laugh actually. I agree Libya Wi-Fi anyway OK you'd be in a tip your home babies and wife iPhone don't I'll I'll be on Wi-Fi at home but I did check the the map for that their coverage right around my area. And it was I was right on the border of their strongest coverage so it looks like it's gonna be pretty good form me and keep mine were I grew up I grew up in Framingham. I almost couldn't use my cell phone there so you would recommend people at least look into the sprint deal. I would take a look at I can't make any claims as to the quality of their network because I've never been on it. But I looked at this and I said look I'm missing 400 bucks a year on something I don't really care too much for him anyway. And so from my perspective. You know anything that I can do to reduce phone bills utility bills water you know anything along those lines then I'm all work is then that's more money that I can either put away and save more spend on things that I actually care about not on. You know the electricity being you know one cent more per kilowatt out like that. I'm all about trying to save on news that those things. That really are they're the commodity. It's what is the last time he has read in newspaper. That a physical one and a physical newspaper not not on your phone not on your computer you charged. In a while years you have. I'll tell you these tariffs yet been by while spelled the end of the news printed newspaper. Yet that this is this is like it's it's kind of like the final nail on the coffin. It's this is this kind of intra stinks so a lot of newsprint is imported from Canada. And what you saw is that the initial duties that were placed in a put in place. On. On the American imports of newsprint in January and march because the price of newsprint despite 30%. At one point. Not in since then the tariffs have been capped at 17%. But it's still a significant expense for a lot of these newspapers. And so they're sitting there saying look we we need a little help in order to in order to stay in business look. Defeated Tampa Bay times that's Florida's largest newspaper said it was cutting fifty jobs. Thing about paper with the Boston Herald. Right nobody nobody goes to their website is not terribly friendly right. And does does the Boston Herald survive. Because that's an added cost that I doubt very much they can pass on monitors to move to per entries so general pace of no mechanic pass that cost on to their consumer. I don't know. It's. You know this this is one of those things where you talk about the collateral damage of these tariffs. You wouldn't sit there and Sergi is gonna put the that you're the domestic newspaper business out of business. But in some cases where you have companies that are already stressed and not necessarily able to withstand much of a fluctuation that ten and I lost as a Tampa Bay paper data three million bucks a year. That's not a small piece that's a small chunk of change there you're you're talking about big money and so this is why. You know these tariffs and other did they give bandied about and a were helping give the country and so forth. You've got to watch some of these effects that happened is while it's if it's not all good news necessary. Up next we're gonna talk to you about cheese we've a study that we're gonna share with you. Demonstrates that cheese is good for that's next on the financial exchange. Business news financial news. And what it means to do its own right here on the financial exchange with Barry Armstrong and chuck saga 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 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 tennis -- called the Z deposit team to get started at 7816418691. That's 7816418691. Or visit them online at C deposit dot net member FDIC leader bank step ahead. One of the most challenging aspects of elder life claiming his understanding how to protect your assets from the nursing home if you worked hard and accumulated wealth don't let those facets be drained by an unexpected nursing homes say if you have a loved one who might need nursing home care the expert institution in Dolan can help you. They've got a brand new guide at this month that will help you create in a state claimed that not only protect your assets from the nursing home but also helps you avoid probate and potentially eliminates a state taxes where the union a life estate or an irrevocable trust Cushing in Dolan can help educate you on the best course of action with the least amount of warriors call their office today at 8668485699. And ask for your free guide the difference between life estates and irrevocable trusts protect your assets now to ensure a sound retirement and don't run the risk of leaving your spouse without money call 8668485699. That's 8668485699. Or you can download the guide right now from their website legal exchange showed John. Com hi everybody it's Berrian Todd with you here with a quick tip from the legal exchange showed doc common. Todd I wanted to talk to you about the five year waiting period for Medicaid eligibility. As it applies to the use of the medic and a light to stay so let's say I Cree I give by house away. I give it to the kids. Does that five year clock start ticking if I'd done elect the state yes so if you're taking your house and many people do this if you take in your house and transferred to the children. And reserves the right to live there you know does that create a five year Medicaid out absolutely it and that's the definition of elect's right giving your stuff away. Give it away but you you do reserve that right to live so that's at least something that you're keeping which which is certainly helpful to you must pay the property taxes and maintain the property. The property taxes and maintaining is all done by the light Tenet you know. But I I want to stay on the five year waiting period just for minute because so many people think that it doesn't apply either and the like the state arrangement like you mentioned Barry. And also too when they make you hear people I can give 141000 dollars a year away because I I can do that and not pay any gift taxes that's true. That's an IRS regulation. You'll pay any gift taxes but you will have a five year waiting period. For Medicaid eligibility so it does apply to almost all transfer since including. A life estate arrangement. So yes it does apply. Folks Cushing and all and is making a brand new guide available and it's very helpful for those of you who are thinking about giving your house solely use like the state compares the advantages and disadvantages. From electricity to an herbal herbal trust the phone number to receive the guy is 8668485699. You can download the guide right now. I going to legal exchange show dot com or call tool for 86684856998668485699. To vote on our daily poll question. Had financial exchange showed dot com while you're there fire of the media player and watch the show while you work. This is the financial exchange radio network. Soon. This segment of the financial exchanges brought Q and port icu senior safeguard educational program. Designed to protect the elderly from financial abuse through senior safeguard credit unions and Massachusetts New Hampshire Rhode Island and Delaware. Our training and certifying their team members to recognize elder financial abuse and what to do in response you can do your part as well visit better values better banking dot com for more information. Cheese is high in saturated fat which is often considered dangerous for your heart most nutritionists. Say that we should only nibble limited doses of the heart clogging fat. However and this is good news for trucks ought to. There's a study that's been done of 164. Overweight middle aged Irish adults and it was published in the American journal of clinical nutrition earlier this month. It found chopped. That participants who incorporated walks a full fat Irish cheddar cheese in their diets while limiting other dairy intake to just two ounces of milk per day. Did not gain weight. Well this is great news I think I know G-Unit you know I hear that she's been you know you know I got my wife for her birthday this year you don't tell me utterly torments of cheese twelve months she's. It's it's that she's the month go and how much of it does she actually senses we're about us 6040. You know I'm about 60% she's about 40% jewels cheese to that it was any good they would own and we got the first shipment about a week ago. And he is outstanding with the cops. So it's three cheeses a month. And you get a little under round of the too good about two thirds were pounded each suit about two pounds of cheese total that you get every month. And it's I think around. 3035 bucks a month somewhere in that led to a small when it's there I'll cut it comes at the same time yes he get all three cheeses and what one shipment would be refrigerated in the summer and they've been dry ice. Just packed with a little right guys afterward got winters looking to just be put in a plastic bag for all like two months. But. Yes this is this is great news for me because the amount of cheese that I eat is me and I had typically would say enough to be a kill small horse but apparently that Korea it's actually good for me you know more it's enough to keep the small horse a lot of that is the other matter on who. Can you do that like is it only a one size fits all notes are you you can customize and at the company that does this actually also operates. A wine called beer Colvin cigar clubs he can mix and match between all of these different things if you want to. She's club. She's called click geez club dot com it know it's let me pulled up. Again I can't remember he's a member of its other with a website is cheese month club smoke to which we'd Packers he's month calls dot com and it's much it's it's the gore may cheese of the month club. And they give you three new cheeses every month it's it's absolutely outstanding we just got our first one cheese month club. Dot com cheese month club dot com and there's there's you don't have to do year you can do one month or two months. I'm not paid in any way to promote them but they're just that good. Taylor Swift is about to get paid big time. I'm really curious to see what she does here I know I'll dad owns part of the company that she's with now she's with the big machine records. And they alone all of her music for the last what thirteen your yen and and they pretty much until she was until she became his biggest years. They were really just a small indeed you know label out of Nashville that was under the universal label. But pretty much they've they've absolutely blown up largely because of her she makes about 80% of their sales in any given year but their country right in night do you guys think of Taylor Swift as being country she originally was her last like pop her last three albums have not been country anyways I prefer she kinda said look this is where I wanna go with my music you know really blame her because. A three miners I I think it's worth the money is now think. Two out of three of her last albums have been. Really really strong. But she's created her contract is up that for the first time in thirteen years and so the question is. Look to see stick where she is because her dad is invested in the label does she go to a different big labeled him OG pop somewhere else potentially. Or does she say look how big enough. And I know that label for distribution why in my opinion someone to do this and I wanted build a few feet analyst indeed and I don't think so no. I believe I'll have to check just to confirm. I thought she would today to seldom known she's I still. I I know I understand you. You know appreciate Taylor Swift but if I had to choose between the concert so don't have under the Columbia label she is just you still on Colombia I can I go it didn't really June Tucker if you had a choice you can only see Adele Taylor Swift and. Term. Neither. It's about what you go to and it's tougher ticket Tucker picks Vincent van I don't want to vote possessions off. A pro ago details. Out of Taylor Swift coming on the bill. 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So were zeroing in on what's gonna happen with Social Security we need a little bit more data before we can tell you the final number. But it does appear. That retirees who are currently collecting Social Security retirement benefits are gonna get their biggest pay increase on January 1 between nineteen. That they've had since what 2012. You know what it's looking like right now is if if we didn't see any inflation in August and September. Kind of unlikely and then they would get 82 point 7% increase. In their Social Security payment for the next year that would be as you said the biggest increase since 2012 when it was three point 6%. If you do see inflation continue at the rate we've seen over the last couple more that are over the last really six months now of that call can actually and a 3%. Now there's a caveat here okay. In that a number of people who are collecting Social Security have had what's have had effectively what's called the hold harmless provision in effect for their Medicare payments. What that means is that if their if their cost of living adjustment. Is less than the increase of the cost of the Medicare payment increases going forward it pretty much says look we're not gonna increase your Medicare more than the cost of living. And so we're gonna cap spending so what you might see. Is for some people even though the coal is 3% here want that could get eaten up by additional costs in Medicare. Yeah off in the end and a lot of people that would that will do his level lies. The Medicare preakness because if you will paint all kinds of different Medicare you got all kinds different numbers you just because you've been retired for ten years. You may not get an increase in your should be net and net increase no suckers what might happen as your benefit might go from 11100 dollars to 11130 no but you Medicare payment might go from 110 up to 140 it's that entire piece up so the biggest beneficiary struck correct me if I'm wrong but. Would be people who are recently retired or about to start collecting Social Security probably in the last two years now there there are people who because they're not getting every now it could be case where if you were retiring India 222011. And that's when he started collecting and Medicare costs going up could eat up just about all of that cost of living adjustment. Now it's it won't be at every it's it's really a case by case basis which makes it's so hard to figure out. But there's definitely people aware that will be you know the case for the it's ever heard of a plan by the way our text numbers by the way 781. Says that Taylor Swift is a no brainer at Dell a super depressing and I agree 100% with that. And at some times I wanna be like what guys like I don't wanna go out to cry and he just EEE. Ticket to hung up on the words just the yes the UK get hung up on the words because you're too busy solving because I was sad and Versailles exit I think Taylor Swift is like Adam. Bubbled b.'s rate chew bubble gum to beat. Where is it hell. It's her her heavy ever listened to the range she's capable and her beliefs and their retirement the talent here Miller retirement the concert at what they got a Dell is absolutely more talent it has no clutch hitter and a Taylor Swift. No question but she also makes me you think about jumping off a cliff. It's like it's just it's just every he's on his only depressed and music can do that it's just so depressing. I don't know you know Taylor Swift like jumping off cliffs the lasting up I'm like OK this is like we're having a great time here you know Mattel wants to make you eat all of your twelve cheeses and one day. But to order chuck. Keeping an up part of the ice cream of the month. I saved 12100 dollars a year by switching from Verizon family plan to change which is sprint and T-Mobile my service at home as much better. And you know is different services for a different folks out there. The markets are barely in positive territory Dow's up thirteen points the S&P is up nine. In crude oil trading at 6897. Per barrel will be back with more. And a little bit of insight as to Amazon HTT. 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What would you do if your spouse didn't have enough money to live on because you're in a nursing home in depleting your acids by thousands of dollars a month how long would your money last if you share these concerns the new need to call Cushing and Dolan they've got a brand new kind of this month told the difference between life to states and irrevocable trusts they can help educate you on how to deal with this problem. Your situation will dictate which product would be best for you have give the experts at Cushing in Dolan called then let them help you create an estate claim that will not only protect your assets from the nursing home but will also help protect your family avoid probate and potentially eliminated state taxes fishing in Dolan has been helping families like cures for thirty years and they can help you to call 8668485699. That's 8668485699. Or download the guide right now on their website legal exchange showed dot com. If you're landlord looking to find an easier way to collect rent payments than you need to hear about leader bank's online rent collection product called Z rent it's a great service for landlords allowing them to collect tenant's rent payments electronically and see rent dot net without the need to collect checks most landlords used local neighborhood banks to do their business and now a collection of local banks are offering this unique program including leader bank and stolen bank member FDIC. If you're a landlord and are interested in having your bank acquired as he ran technology 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 78164186917816418691. Or zero rent dot net. The money matters radio network WB MW 11:20 AM and W 275 CN FL could cost him the money matters radio network. I folks it's chuck and Mike from the financial exchange and we're talking today about how to invest in. What kind of sector struggled when rates are going up Michael we talk about your interest for everything mortgages. Credit cards. Yes they are technically paying out a little bit more on CDs and bank deposits as well but they usually more than making up for that on the on the charges at when we look on the downside because as much as there might be good news and some sectors there's always another area that ends of struggling what parts the economy what types of stocks might struggle. If rates go up well two big areas tend to be utilities and real estate on the real stateside it's pretty obvious if mortgage rates go up ban people are going to be able to afford less real estates that makes sense utilities it's a little bit less obvious but effectively a lot of investors by utilities because they're seen as replacement to CDs or bonds in some cases because their relatively safe investments when interest rates go up sometimes they sell those safe investments in favor of those CDs and bonds folks we've given you a couple. Ideas to think about with regards to how to invest in a rising rate environment but there's a brand new guide out from Armstrong advisory group and only after you to get it is call 800. 393. 4001. Or go to Armstrong advisory dot com once again that number is 803934001. Securities offered to securities America incorporated member SpinRite SIPC and advisory services are printer securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities American companies are unaffiliated. Do you have an elderly parent or loved one be suspect is being scammed for their money if so enjoy with Massachusetts credit unions in our fight to combat senior financial abuse uphold genteel president of the cooperative credit association inviting you to visit better values better banking dot com to learn more about C news senior safeguard and an educational tools that help you recognize an elder financial abuse and what to do in response does it better values and better banking dot and help us take up the fight to protect seniors everywhere. 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A step ahead after five years of no movement at all the Fed has raised the federal funds rate five times in the last sixteen months and two more rate hikes are expected this year how will rising interest rates affect your investment strategy Titus is very are strong in my team at the Armstrong advisory group has written a brand new guide about the challenges of investing any rising interest rate environment it's important to not make snap decisions and to always look at the big picture and this guy is chock full of information that you'll need to help educate you on making the right choices for you and your family. Interest rates can affect all pieces of your overall investment portfolio so don't miss out call right now 803934001. That's 803934001. Or download the guide instantly at Armstrong advisory dot com. Securities offered to securities America incorporated member finreg SIPC and advisory services are with the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated time for bank the pays you would later bring some reward accounts can 1% cash back with a debit purchases and an extra 10% back when you use your card and featured businesses to qualify for these and other awards using statements direct deposit 1000 dollars and make a debit transactions each month to learn more call 8776917900. Or visit leader bank dot com minimum to open and current annual percentage yield ten dollars mass residents only these may reduce earnings rate subject to change without notice member FTSE. Leader bank a step ahead hi this is very Armstrong and if your landlord or property manager I'm sure you've heard me talk about Z rent leader banks tremendous on line rent collection program I'm excited to tell you now about their brand new product called Z deposit this is another free program which 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 this 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. This is the financial exchange with the Barry Armstrong and chuck sound. You're exclusive look at business and financial news affecting your day your city your world stay. Informed and up today about the economic and market trends plus get breaking business news every day. And now the financial exchange with the very Armstrong and chuck Exxon. Stocks are up I'll leave it at that there are rumors circulating that a NAFTA deal will in fact he negotiated by Friday. Let's just leave it there because we don't have any hard data to share with you we're gonna talk today. About well. We hear is Amazon gonna go Miami had a pretty good report card they going to Miami. Will also discussed the hardest college to get into in every state. And then finally. Talk about what's worse for you read or alcohol hi everybody Darian talk with you here it's a Wednesday morning and you don't Miami. People people don't give Miami a lot of credit as it relates to being a candidate for each cute too. But I did notice Jeff puzzles repair. Jeff Bezos grew up there and also when you take a look at the overall area. It does checked a number of boxes that Amazon is looking out. When it comes to new kind of the key things I have number one obviously got an airport that's all kinds of international flights he trails transportation stroked them it's on the East Coast. You got a big population. You know it's an established city there's not too much that you need to do in terms of brand new infrastructure in order to be able to accommodate this. I think the one question. Is when you're comparing it to a number of these other cities that are out there it's not the Miami doesn't have good educational facilities there is university of Miami's phenomenal school. At by you was been making some really good progress in the last couple years but. You look at the depth that you say okay. The boss mayors got you know 25 great schools you look at feel it's got you know ten great schools. I don't know if Miami has the depth of education that some of the competitors to enact. I think you raise a good point there because. The did the I think you could attract talent to Miami had been expected coming at a Georgetown. Would consider it an easy right. The team coming out of Harvard Boston University Yale they would consider going to Miami it's a cool city to be in the young people it's a young person's city's very diverse. What I come back to. It matters too much where they go in terms of their ability to attract talent. And you know it was always going to be able to get people just from looking at the Amazon name. To go wherever they want all internal matter bear on Tony they could set themselves up in Boise now and they have no problem getting people to come work that I disagree we with a five years boys it would be a company town I think I I trust me on lake. People will follow that company to go work for them I don't think they well I I think I'm I'm I'm telling you know boys and one of the infrastructure support I own more millennia than you'd. But he owned. No linkage you know we had them read it but I mean I I paid day I paid for the denial. If I think. If they get and gave up diet last name behind that's well done there I do like that the I think the biggest issue on Miami in the biggest selling point. Is Jeff Bezos went to school he's valedictorian at the high school pal palmetto high school. I I get a tally for a kid to be able to go home and take a victory lap in his hometown. I think gets under estimate I could see this guy going to blame and real as the jet business went to Princeton. I like and I like it must now he's not a dumb guy now he's very Smart guy but you if you really that's Marty when it on the Princeton. It's about the hardest colleges to get into in every state speaking of Florida their ego would be University of Miami. Yep Miami is a phenomenal school in the toughest school to get into. In Florida going through you know most of these kind of made sense if you take note down county alphabetical us Connecticut was Yale. Near Delaware Delaware State you kind of go through you know Florida the ones are good Georgia Tech can email me warning is obviously cal tech mean I think people would debate this one balloon. What do you think is in this in the running as well don't get dates and it's pretty good thing bodes probably are better schools there. I think it I think it's probably better school Massachusetts I do put up for grabs today they say that Harvard was the ties to get into I think MIT's had a hard way. Not not far away but I still do put it a notch above anything else as to why not helping me get better kids pretty much smarter kid pretty much lemon cal tech etiquette to best schools in the country and New Hampshire and that's a no brainer right. Yeah New Hampshire or not. I mean what Rhode Island else is it going to be in the hands well in these are it's the only Ivy League school in the state. On news it's the finest educational institution in the country my all and so you know I'm just saying in Rhode Island is Brown University. Yeah all those are you know kind of a no brainer if you. We are having as we do every day we have me poll question. And it talks about whether what's worse for wheat or alcohol so you know here your fifty years old in your gun. Use something you're neither use alcohol to relax tree and use we need to relax which is worse for you in terms of your help. We have a poll going on that topic a over the past two days you've been insisting on calling candidates but for the sport question you were for errors week. Hannah with. Tree. Greenery shrubs IE. Look I don't care what radio I'm just curious what people thinking. So far Tucker in after the first hour of the show winner numbers first hour of the show 63%. Of our listeners think that alcohol. It's worse for you. They're both bad. I think when I think we have the recognizes. It probably abstinence. From bull is better than that and yeah it goes without saying but if you're gonna use something. Scientific researcher would seem to indicate. That alcohol. Has it worse that that that after reading the reports are the that was by that that's what I the conclusion I derive those. Okay you shouldn't use side there right but if you're going to. Hanna this is not as bad for you as well that was after it. And I again I don't have a horse in this race and probably also depends on your specific lifestyle. You know give your truck driver you're not you're not able leaves campus right. You know just because they're they're going to drug test but here I think we need answering nice day it seemed like when I was raising my all angles. It was the the summer of tenth degree with me started drinking yup right is that. In general that's probably accurate again you know pilots after a year you're going to be and upperclassmen and now that summer's one night Randi accurately when I would catch my kids drinking. I think I would rather catch a seventeen year old drinking alcohol and with smoking because the psychiatric effects of marijuana and young brains. That and the path that you're following. Yeah today is that day and I'm with you which passed with you well that the drug if you're trying marijuana. How far you wave from you know or are you more likely try heroin. Dan if you're drinking booze a I'd love to see the numbers on that like I just don't know if sales studied apple peel it right. And he said to them okay you go down in into the city. And C in new survey. In thousand. OP. Was candidates the gateway drug out and try OP. So there's there's been studies on this a lot of them kind of have moved past marijuana as that quote deeply drug habit and it is the big thing. Is that is so if you go through on pulled up the the data right now from the where the heck is this national institute of health I think I'm I'm I'm pulled up that they are now some might take me a minute. But it it showed. That attempted to. Kerio. So it's people who used marijuana. An already had an alcohol use disorder at the outset they were of greater risk of substance use and abuse disorders in the future then. But it's if you look at its largest marijuana use on its own. It typically did not predict any type of disorder in the future in place so it paid to it again. Part of it is it's tough to study this because difficult to get funding for marijuana research because of how it's scheduled right now it's not impossible it's really hard. And so we don't have a ton of great. Data necessary. It. You can vote in our poll by visiting our website financial exchange showed dot com I know many of you have thoughts on this topic you'd like to share of those. Our text number is 63566. If you're gonna send us a text message please put my first name that would be buried BAA RY. At the beginning of your text message and then tell us what you think as a relates to what is worse for you marijuana or alcohol. Thus far 63 point 7% of our audience thinks that alcohol. Is worth that means a lot of people talker. Think that marijuana use worse. If 36% of the audience think yeah I was there despite the sign it gets to ride out what despite the scientific research that we share dipped still more than a third of our audience think that. Pot. Is worse once again not one death related to tennis now the nights of idol aspect out opinion to fact count and with which which part I was asked. What about you can't do that nobody's died as a result of marijuana. That's Batman which is credit. Mocha don't confuse me with facts. It would about psychosis that's that bell and then. The these kids don't -- to get an insane well or you commit suicide you know it's not directly attributed quote nobody keep in mind that alcohol has a higher incidence of depression. Among users than marijuana does does it does. It alerts new everyday hip Allstate effects here. Wit next segment we're gonna be joined by eighty cracked track. From Yahoo! finance to talk about east the resignation of the student loan watchdog. That's a federal that's next on the financial. Have a question for Berrian junk. Now you can text us at 63566. And take part in the show at any time you start your text through keyword battery and join our exclusive club. Days as the financial exchange radio network. One of the most challenging aspects of elderly explaining his understanding how to protect your assets from the nursing home if you work hard and accumulated wealth they'll let those facets be drained by an unexpected nursing home saying if you have a loved one who might need nursing home care the experts at Cushing in Dolan can help you. They've got a brand new guide at this month that will help you create a new state claimed that not only protect your assets from the nursing home but also helps you avoid probate and potentially eliminates a state taxes where the union elect to skate or an irrevocable trust Cushing in Dolan can help educate you on the best course of action with the least amount of warring. Call their office today at 8668485699. And ask for your free guide the difference between life estates and irrevocable trusts protect your license now to ensure a sound retirement and don't run the risk of leaving your spouse without money call 8668485699. That's 8668485699. Or you can download the guide right now from their website legally exchange showed dot com. If you're landlord looking to find an easier way to collect rent payments than you need to hear about leader bank's own line rent collection product called zero and it's a great service for landlords allowing them to collect tenant's rent payments electronically NC rent dot net without the need to collect checks mostly in the produce local neighborhood banks to do their business and now a collection of local banks are offering this unique program including leader bank and stolen bank member FDIC. If you're a landlord and are interested in having your bank required does he ran technology tell them a call 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 after five year. Have no movement at all the Fed has raised the federal funds rate five times in the last sixteen months and two more rate hikes are expected this year how will rising interest rates affect your investment strategy hi this is very are strong and my team at the Armstrong advisory group has written a brand new guide about the challenges of investing any rising interest rate environment it's important to not make snap decisions and to always look at the big picture and this guy is chock full of information that you'll need to help educate you on making the right choices for you and your family. Interest rates can affect all pieces of your overall investment portfolio so don't miss out call right now 803934001. That's 803934001. Or download the guide instantly at Armstrong advisory dot com. Securities are equity securities America incorporated members in SIPC and advisory services are for the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group the securities American companies are unaffiliated. Are you having problems the blocked sink or drain. What a leaky Foster a shower. These types of minor problems can become big headaches if they're not dealt with quickly and efficiently and believe me. I've that all kinds of trouble trying to get people who can come in and do you 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. Each seeks to. 1190 that 781. 8621190. Or he can visit them on line at easy pony MA dot com for more information. Massa master license number 10. 183 again the number is 781. 862119. No. The financial exchange. His whole low hurdle in England and also now in West Palm Beach, Florida. Check out our website at financial exchange showed Doug come and find the station closest to you. This is the financial exchange radio network. Joining us on the line now is Katie crass it from Yahoo! finance here to talk about. Student loan watchdog at the Consumer Financial Protection Bureau stepping down earlier this would you rather adamant in late last week. Katie thank you for joining us today. Kitty so who exactly is stepping down and what are the reasons for the departure. I so the consumer they're I mean protection bureau is losing not many who acted as the but it on a bunt then. Big a kind of acted. Go to Britain for people are having what sir and company where and whether Barton from what any questions they might output there's been that low. And kind of like a big EO I'm in general but you've been that they don't abruptly but it I'm glad they're aiding the letter but yet and Hewitt has. On the brother nick O'Leary who is the director of the US UV. And you'd be higher the latter problem spot was basically explaining it all bully a little more will they mean. Port management. The bureau has set and the what you'll. Exactly although Michael Wallace department there's been no real oversight of these. You protection for the consumers and that and that they they let you. But yet. There bureau. There that are the questions of them that. Are afforded a company is in bad the consumers. When we take a look at the issues that are out there related to student loans and specifically what the CF PB was trying to. Oversee. It's my understanding it wasn't so much at the nonprofit schools that there was abuse but rather the for profit schools. Where they saw the biggest issues is that correct. Only cracked up what will have always and it. 100 every are a bit because people aren't aware out there are packed with. I. Exactly sell kind of an issue and when you look at the not cool when your considered thought. And it that are taking out well. Our people are voting on a great deal so obviously there is an issue where. The floor puppet who better kind of taking a little bit more of that as is that you know they're borrowing. They kind of go across the border and like there's people are affected by that no matter what was your. So what resources specifically to the CF PB have to try to deal with the student loan issue. Well basically brought in our positions yet. There. Again watch target kind of the term that being third round but. But quota that unit and it's their apparent because young people are currently make more form of financial decisions about David and think they they are paying for politics don't. Typically they're battered into your questions about. How you can kind of take your bet down you can figure that all but all that and a bit smarter decision you can make before you take out the are but we speak out below the that you're not going to be your pop into the bowl from the start there's been record is that you can look and you'll. On but the deputy obviously and then recommend you add all that despite. And that you were aware of how would you better by the security and. Is anyone filling this role in his absence now that he's gone. There have been an announcement that I've been but yet it recognition of the fact that I a photographer so I mean not only two people anyway. There hasn't been an out there have been no more being himself could be acting director of the bureau yet not even in a permanent position. I'm so they're all that turned this thing going on it like a very very important hero for consumers and especially now for them up. The weird part of the millions in the crop and you're just starting college. And they get a eventually you're not out of report that they had some serious questions put on the planet earth Asia. Very good Katie thank you for joining us today we appreciate it. That is key democratic from Yahoo! finance. Are at it we are you ready yet place and trivia here Tucker so those don't. Jerry what's the sponsorship but I know Arnold's always turn dentures Arnold's to startle so Erica. According to the navy. Filming of the sequel to the 1986. Blockbuster. Called top gun took place aboard the Norfolk Virginia. Big east US AS Abraham Lincoln will be asking trivia questions about this top gun film series I thought it was just one movie. Ball making a new. The making a new one now. I'm good I'm gonna pivot and overrule these. These trivia questions on top device we'll top gun is yes obviously you probably my top two or three favorite movies of all time and so I'm going to overrule this actually what is theaters seats back and and so was that the question that we are going to it is going to use today. Is in the movie. Maverick and iceman and you know all the rest of the crew. They are fighting Russian planes during the movie that are claimed to be made twenty eight's. My question in the trivia question for today what plane actually represented the mig twenty eights in the movie pumping in and that. Because I guarantee some of our listeners are foreign pilots. I'm they'll know that I'm eating I guarantee you that we get multiple correct answers on this is what is it don't warmer time what is the plane that was used in the movie to represent the mig 28 is obviously they weren't using Russian planes in this movie winner. What has you there's kind of a Cold War go alone you know it wasn't really happy time between the two of sorts which. Text or number regardless I do a little low number but still I I think that's part let's do eat the heat do you think it's a hard question I don't know on and I'm so it's not come on let's do the eighth united team top and how. You haven't seen top I have not know. They're busy so their waiting 32 years in between. Little bit of a gap apparently jumpers do be instructor in this new move those are yeah that's that's effort. The way you play trivia if you're not aware of easy text us the correct answer or text number 63566. Put my first name at the beginning of your correct answer which there might not be as hard question. Tough question to my name is Barry can challenge you know. And again the question is what plane was used in the original top gone in to represented the enemy migs they would they did not use actual migs there. And was an American plane it was an American plain but it was an American plane. Let's get some answers coming on our. Only hope that the chugging right along how much time do you spend sleeping at night. Six to me dollars that's seven hours usually yeah yeah I get about seven I tried to go to some guys for five. I try to about my alarm goes off and I try to make sure that I've been in bed for at least eat them it is indeed sounds like he needs nine. I don't think I'm getting enough. I don't think anyone can line. My wife finds a lot and slept nine hours stats I was like fourteen or something like that a lack of sleep is associated with increased risk for cardiovascular problems including hardened arteries heart attacks strokes heart failure and more. They need to study. Yes researchers generally say. People should get seven to nine hours of shut I've tonight like can tell you there's no fifty year old man who gets nine hours a sleeper agents sent. Times usually hate how many times if wake up the middle of that in order to get you know nine flowers twice. An easy answer. The but after conclusive studies after I didn't tell you the it back to be a poll question. They're a trivia question only time yet to get does that that the Roman have to get up. In the answer right I know it's an idea of directors. Averaging less than that was associated with an 11% increase. From dying from coronary heart disease or stroke at some point in the followup period of nine point three years. And getting more was associated with a 33%. Increase in risk getting sleep folks that that's the message. When we come back what the answer to our trivia question will be talking about an IPO for car company. The financial exchange is alive on FaceBook so make sure to like your page and watched the guys break down the latest on the market every day beginning at ten on the financial exchange radio network. Many of you listening today are probably retired or getting close to retirement age so have you taken the time to think about what happens if you or your spouse gets sick and needs nursing home care. What would you do if your spouse didn't have enough money to live on because you were in a nursing home in depleting your acids by thousands of dollars a month how long would your money last if you share these concerns than you need to call Cushing in Dolan they've got a brand new god of this month called the difference between life estates and irrevocable trusts that can help educate you on how to deal with this problem. Your situation will dictate which product would be best for you have give the experts at Cushing in Dolan called then let them help you create a new state claimed it will not only protect your assets from the nursing home but will also help protect your family avoid probate and potentially eliminated state taxes fishing in Dolan has been helping families like yours for thirty years and they can help you to do. Call 8668485699. 8668485699. Or download the guide right now on their website legal exchange showed dot com after. Five years of no movement at all the Fed has raised the federal funds rate five times in the last sixteen months and two more rate hikes are expected this year how will rising interest rates affect your investment strategy Titus is very are strong and my team at the Armstrong advisory group has written a brand new guide about the challenges of investing any rising interest rate environment it's important to not make snap decisions and to always look at the big picture and this guy is chock full of information that you'll need to help educate you on making the right choices for you and your family. Interest rates can affect all pieces of your overall investment portfolio so don't miss out call right now 803934001. That's 803934001. Or download the guide instantly at Armstrong advisory dot com. Securities offered to securities America incorporated members and SIPC and advisory services are for the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities American companies are unaffiliated. Are you having problems the block sink or drain. What a leaky Foster a shower. These types of minor problems can become big headaches if they're not dealt with quickly and efficiently in believe me. I've had all kinds of trouble trying to get people who can come in and do capable. Qualified work I talked easy plumbing in their professional punctual and thorough and all the work that they do so if you need a reliable plumber. With fair competitive prices. Coach AZ 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. Eat six to 1190s that's 781. 8621190. Or you can visit them online at easy plumbing MA dot com for more information. Massa master license number 10. 183 again the number is 781. 862119. No privacy chuck and Mike from the financial exchange in. What do you talked a little bit about how to invest any rising interest rate environment the Federal Reserve has raised rates twice already this year. The most likely projection. Two more hikes over the remainder of the year and Mike. Let's talk first with bonds when we talk about bonds and conventionally US treasuries. They tend to move as rates go up well. They tend to be in adversely correlated the price in abundance embers are correlated to the interest rates prevailing interest rates that are out there in this generally make cents you know if if interest rates go up and suddenly you can go by that same bond that's paying higher rate of interest that the price of your bond is going to be less valuable this gets inflated the longer term that bond days of you have a ten year bond. That price impact is going to be a lot more significant than a five year. So effectively that the part of your portfolio that you typically think to be safe money and most stable. You might have to make some adjustments in order to make sure that you're not losing principled during this time if you have the intention of selling as rates are going up. That's absolutely correct and if you haven't made those adjustments already this year you've likely seen in impact to your bond portfolio. Specifically when retirement that you wanna take a look at what's called the duration of your bonds. And make sure that you know it's just at least in line with the overall marketplace and you understand the impact of rising interest rates on. Folks the Armstrong advisory group has put together a brand new guide titled how to invest any rising rate environment. It is three feet to get and only have to do is call 80393. 4001. Or go to our strong advisory dot com again the title is how to invest any rising rate environment and call 80393. Or 001 or Armstrong advisory dot com. Securities offered to securities America incorporated member finreg SIPC and advisory services are printer securities America advisors incorporated Barry Armstrong representative Armstrong advisory group the securities American companies are unaffiliated. And includes. Every child can the financial exchange on FaceBook FaceBook dot com slash the financial exchange this is the financial exchange radio network. We asked the poll question what is worse for use marijuana or alcohol 65. Percent of you think alcohol is worst that you. Then marijuana. That term poll question result and the answer to our trivia question when you repeat the question and then give the answer is you you kind of went off script. I did the other question was what was the the US plane that was used in top gun as they stand in for enemy migs would obviously they want don't have access to megs. The answer was the Northrop F five. And Glenn from Eliot Maine had the right answer and Glenn is taking home a fifty dollar gift to get Arnold's. Down the cape and. It's to enjoy them so. The last car companies to go public in due and IPO I would think was test tonight missing was. At least the last American car company out there might be held in China has gone public recently but on their exchange on over here Aston Martin. Going public and there are famous because of the James Bond. Yeah this is it in my opinion is kind of a sad day similar to what we saw when Ferrari IPO a couple years ago and that's why well it's it's it's because the forces that dictate what a company does once it's public or different from those form for a privately held company. You know part of the reason why Ferrari has such mystique why Aston Martin have such mystique but is because they make so few vehicles you know Ferrari in particular thinking when make like a few thousand vehicles a year so they unit now beef up their production it's usually like yeah come on production or raise prices and ordered connected to generate return for stockholders. And so I just I just worry about it deluding the value of the brand in the long. Meal for ours are gonna lose their value instantly we just saw a couple days ago that they you know Ferrari. 250 from back in 1962 was the highest priced auction vehicle ever forty million dollars. But I look at it no longer and I say. And I just I just don't know if you want those those those companies being in the hands. Of public investors they have different goals from you know what to what they previously had I think it'd be received. I would imagine it'll probably go offline candidate he's a lot of people buys it just doesn't want to own it it's it's a good and you know this that I can have problems there but. I just worry about the long term degradation of that brand in that you know you're you're going to lose some of that exclusivity and some once they go public somebody else but it's also it's you lose some of that mystique when you become a publicly traded company in some of that mystery because I like it to wat you know when Goldman Sachs when pulp and we used to have this you know this or that it was you know kind of you know you're behind the Kurds see her really see what happens there had a sign in the building stalled and in went became publicly traded at. It's not necessarily that everything changed but it's just a very hostile to them when they do an elated and you can never get that back. Him nearly one half of movie pass subscribers are considering canceling this according to a nurse new survey that was done. Are you one of them now it's still a good deal. A media people here at the companies had their problems I don't. Just you know and I'm not trying to I'm not here to defend movie pass and I don't own their stock. But he you pay ten bucks a month. And you go to watch three movies a month in three want. One movie cost you more than ten dollars so if you go to C one movie a month that your band mates. And I can you met Mays for like 78 box. Area. And IIQ may I go at night. An and and when I go if if I have to buy a ticket chuck it's like thirteen fourteen bucks. Yeah it's it still can be a good deal of fear of Reno going those three times a month with Asia's rice a part of the reason why movie passes likely going to be out of business in the near future that you see I think this the way they changed their pricing though. I think will save them for so guy like me I'll keep paying it right in I'll probably use it. Ten or fifteen times a year so they're not the be they're not gonna lose much money on me if anything in the and now they've got three million people. There are subscribers. They might have three million people but if they're losing money on all of them it doesn't matter what they're not losing money wise the stock down 75% in the last two weeks now that's a problem. The market cap on this company right now is twelve million dol I should die. Yes you should. It by the couple it will deter speculative. What won't deter in the conflict what would you would you raise the price which are restrict the number of movies some more. I wanna see they would have that you run in the company noted save I want to see what happens with the if if people use it three times a month. Because if the people that use it you know ten times a year they're gonna make money. It it just depends on how much people use it the fact that half of their subscribers are considering canceling. Is a problem because it probably the lighthouse bella that half the sadness and okay only use this once a month the ones that are you know when your situation that are gold three times and want to say and yet still a good deal from CA MC should I've. And why because the the the one thing you can't refute these. Movie theater attendance is a wise aims to need to buy them. What they have their own competitive product but they could buy them for the list of people amend it gets a party. Prominent you know they see all the credit card transactions that come through and so forth so. Once it's on a valiant and actually as were speaking the stock continues to decline in value its market cap is now eleven point nine million dollars who lost an additional 1% or the highway we were talking finally to laughter line the price paid need to take bare by the time we get toward next commercial. You might be able to get a half off. Hey we are doing an event. Down on the seat and it's gonna be a lot of fun we're going to be in Arnold's restaurant and the date would as the date. September 13 September things thanks. You're supposed to be ready. You you sure read the stuff and says I like I don't like doing that part. I liked radio you don't like the radio part every Ohio I like the ad that. And we're gonna be at par alerts that are gonna do the shell. From Arnold's just for that Tucker you're not invited you here you're you're not pretty you're gonna stay pressure on engineering and I just don't go oh you're supposed to go early. And so now might be engineering what do you want for food talker. All the fried clams go for the January. And then baked clams is if we can get to zombies Nixon baked clams I challenge it didn't get anywhere. If you wanna join us for launch. Tucker will be there. Me and it charges ought to will be perhaps I will be their pat this Maris from WX TK will be here it's gonna be a lot but I promise you. It will be fun what are things that we're talked about just from purely and investing perspective it is. In GDP is running at about four point two in the first quarter. Tax cuts have been implemented. It looks to me I I think that the trade wars and a you know. Turn out to be nothing in the end I think the trade war will end up being resolved may be no with China but certainly with Europe Canada and Mexico. We're talk about and how that would impact your investment portfolio what should you be doing great eaten we use it to September 13 you should be thinking about. 2019 and 20/20 terms of your investing strategy. Will try to provide you with some information that will make you a better and more astute investor. Now if you wanna join us it's a free luncheon it's a free broadcast of the show if you wanna join us space is limited that you do have to call and make a reservation it's very simple. You've called this number 800. 393. 4001. And tell Monica I'll bring a friend if you want 803934001. This is for people core investors this is for people. Who are trying to say gee. You know I've got some money invested what should I begin you know. Maybe you have a perspective that you should be going all the cash I don't think he should but if you'd like to join us. It's Thursday September 13 at Arnold's lobster and clam bar in east hand. The phone number 803934001. You need to call now to make your reservation. You know anybody is on nut dialysis yes. It's it it's just a miserable experience and one of the worst parts of it. Is that you have to go to these clinics yup that three times a week and a terrible now in Mickey Wright uttered a few noted well evidently you do. People just absolutely hate going to put. Yes it's it is something that is just today gave a real burden for people because again it it something where you have to go to an eight facility somewhere else suffering from kidney failure yeah it's two or three times a week you don't feel good on that they take hold data recover in the need to do to hold dog and pony show again pretty much a day and a half later. And so what this company called outset is doing not outset medical is they have built a what what's sized as a 37 inch dialysis clinic pretty much on wheels are they can be brought into someone's home they've had these in the past chuck petition darn expensive. They are that the big thing there working on is trying to continuing to try to get the cost down on this. And trying to make this a service that is may have feasible and cost effective compared to having to go. To a neo what's effectively Croatian facility. Yet people with money already do. You make if you're wealthy you're already doing mistreatment at home. But it if you're this is meant toward the product outset is trying to come up with is a more affordable. Method for people that are tremendously well to be able to do. Yen and and pretty much they're saying look we wanna have this machine you can pretty much plug into a faucet and you get the ability to self service. Whenever you want the the CEO of the company Leslie trig and her quote is that she wants this to be the Tesla of kidney dialysis NASA might one of rebrand that given you know what castle's been going through this year but the point still stands and in that she's saying look this is a business that largely has been kind of stagnant over the last twenty years what it what it is ray is what it was in the late. Ninety what do you think the crisis to. It today I don't know what to help with the cost of dialysis is today to be honest well if you're covered by insurance it needs to do it at home is a lot tree. Yeah the other thing is you need somebody there that can insert the the the device. He can't be generally can't do your own self treat it says this is needed care so this is important is your spouse this is according to the US real data system which. I didn't know exist but apparently does and it's phenomenal. One year of chemo dialysis. Typically is around 72000. Dollars a year right the year yet again covered by Medicare give it but just in terms of pay what you need to get the cost down to on this in order to be a make it competitive for Medicare. You've got to get it in that ballpark. You know what they use I figured him to get down a lot lower because I think would round up happening is. People will be treated at home their husbands or their wives will be working as the caregiver. And it will save a lot of money in health care system US. Patients. Spent 42 billion dollars total year on dialysis. 34 billion of that is absorbed through the Medicare and people would rather be if he talked to Diallo's right you home they'd prefer to be at home. Absolutely and the it's it's it's it's two issues one its cost and safety. Mean those those are the issues that way they go to the clinics and they hate the clinics the need absolutely you you never hear anybody saying well this is a pretty good dialysis. They'll say. It's it's terrible it's like a lousy day vs lousy be aria. Up next we'll be talking about. And will give you some ideas as to. How much you should borrow in student loans so if you've got a child or grandchild. Going to college or if you yourself are going to college with satin ball arm how much should you borrow. For student loans that's next on the financial exchange. We have part of the financial exchange in an instant. By texting us and 63566. Start your extra keyword Barry and become a member of our brand new textbooks tell us what you think 24/7. Break here on the financial exchange radio network. In an unpredictable stock market you should always be prepared for the future hi this is very Armstrong joined the and chuck is a -- -- on Thursday September 13 at Arnold's lobster and clam bar in east -- for a special broadcast of the financial exchange followed by an educational lunch with the Armstrong advisory group won't be talking about strategies to help you become smarter investor so you can save more money will also talk about properly planning for your retirement and how to protect your assets from the high cost of nursing homes to reserve your spot please call 803934001. That's 803934001. Space is limited so call now enjoying the Armstrong advisor group and news radio 95 point one FM WX TK on Thursday September 13 at Arnold's lobster and clam bar in east him at 803934001. Securities offered to securities America incorporated members in SIPC and advisory services are with the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. Are you having problems the blocked sink or dream. Leaky Foster a shower. These types of minor problems can become big headaches if they're not dealt with quickly and efficiently. In believe me I've had all kinds of trouble trying to get people who can come in and do capable. Qualified work I talked easy plumbing and their professional punctual and thorough and all the work that they do so if you need a reliable plumber. With fair competitive prices cold easy plumbing. Easy makes it easy they're 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. 119 B at 781. 8621190. Or you can visit them on line at easy plumbing MA dot com for more information. Massa master license number 10. 183 again the number is 781. 862119. Now. Many of you listening today are probably retired or getting close to retirement age so have you taken the time to think about what happens if you or your spouse gets sick and needs nursing home care. What would you do if you're just didn't have enough money deliver on because you were in a nursing home in depleting your assets by thousands of dollars a month how long would your money last if you share these concerns and you need to call Cushing in Dolan they've got a brand new kind of this month called the difference between life to states and irrevocable trusts the Kindle -- did you and how to deal with this problem. Your situation will dictate which product would be best for you. Some give the experts at Cushing in Dolan a call and let them help you create a new state claimed it will not only protect your assets from the nursing home but will also help protect your family avoid probate and potentially eliminate estate taxes Cushing in Dolan has been helping families like cures for thirty years and they can help you to do call 8668485699. That's 8668485699. Or download the guide right now on their website legal exchange showed dot com. Hi this is very Armstrong and if your landlord or property manager I'm sure you've heard me talk about zero 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 help disclosure forms and even send out annual 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. Security suffered through securities America aimed at members finreg SIPC an advisory services arbiters securities America advisors think Gary Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. Business news is constantly break. And we're here to break it down and show what it means to your portfolio it's the financial exchange with Barry Armstrong and chuck sun on the financial exchange radio network. A. This segment of the financial exchanges brought you in part. Finally your bank it's not too late to get a great read on a home mortgage lead back at some of the most competitive. Reached around. Call 8776917900. Or visit to bank dot com. For more information leader bank is an equal housing lender member FDIC and MLS 44925. Zero. When you guys are going to college wasn't that long ago. Was there anybody who provided you with counsel or advice as to. How much you should borrow in student loans in order to attend college. You know guidance given to you know man for man no on eight I came across Schwab. Has a and a foundation for education. And they came out with the advice and I actually think it's pretty poignant. There are suggestions news. Don't borrow more money to pay for college then you can expect to earn in your first year after graduation itself. Let's for instance say you are. Going to be a social worker when you graduate college what's a social worker make forty grand a year and a ballpark. So there advice is don't borrow more than 40000 dollars if that's what you're playing do you have for profession. Conversely. If you worry computer scientists. And computer science engineer. We enemy when you graduate college eighty. Sanity and maybe that's even middle of the road there you could do morphed into one of the big guys rate you're. I'm an out there if you go to FaceBook Rennes coolly making 150 grand stock options okay so. They you can affordable more than you could borrow 150. I think it's a good benchmark I don't know fits perfect but it's you know they've obviously looked at this more than I have in terms of the specific dollar valuation. And I think it's decent benchmark migrate the B out not everybody has its option. But one. I saw you know it's just one kid that he graduated college. He hit like 35000. Dollars in debt from him and his father. News for an if you're allowed the kid loophole for year after graduating college which I'm not sure I would do. It just. The he moved to only paid up all of that and when you're. Good way to go about it if you can. You know literally as if your if your parents. Are willing in in I don't know if that's. Tough that that's a big thing a year is a long time I mean when I when I graduated I was back home for. After four months four months four months. Four months. And telling your vote and and by the end of four months I don't think anyone wanted me there anymore. Myself Leo either me or my parents it was hey this has been nice but you don't ever do this again and I don't know about it that that it does change the locks you up. The chains like before it. I was still living there like OK just say this is now it's going to be like when you get back it's like I came in groups that are if you guys remember but few years ago. We did a profile program called the last month. And California yank them located at its at a program that helps inmates these are people in jail. Get educated arm arm of this and California computer programming the Intel really it's it's working its it to me they now have enough time where there they're seeing it work yet and in in what what they're seeing the results are pretty staggering actually in that. Prisoners who participate. In these educational programs. Have a 43%. Lower chance of returning to prison in it is they get out of jail. Well first of all there are also coming into the job market and by the way my mom just text me is she's. Listening but my mom loves college counselors involved in this stuff obviously and she just said don't move back. Does he thought he said what do you think we've moved to us just trying to lose my number. OK. Can I finish. What she said is that the advice that was given there is the same advice that she gives her students and she knows her stuff so. Yup I would trust me I I think it's 81 of all if it be nice to be able to graduate college without any student. I did that would be a perfect world yeah optimal yeah one way to do that is the service I am so few kids seem to use the military serve not many people do these days now it he really doesn't seem like many people do I took one of my voice it to the army and navy recruiting office. I whistled I I wanted him to join. I wanted to do and what branch. And I and in care of the you know preference no they just thought he'd eat you as one of my son's. And I got four and he's one of my sons who liked thought could have really benefited. From the structure than a military service would give him needed up at that point in his life. And Indy. Defied me went on to college and graduate say you know we tip things turned out well but I thought he would benefit and in the financial package went pointless. The financial package you get track from joining the military is fantastic. You get a oh yeah Lotta benefits Aaliyah market seems to be rallying Dow's up 84 points nasdaq's up 64. Going I don't like is oil is up 77 cents a barrel at 6930. We've seen a moral right here on the financial exchange.