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Full Show 9-24-18

Sep 24, 2018|

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This is the financial exchange with the very Armstrong in chunks of you're exclusive look at business and financial news affecting your day your city your world. Stay informed and up today about an economic and market trends plus get breaking business news every day. And now the financial exchange with the very Armstrong and chuck Exxon. Merger Monday has returned everybody we have three different mergers to talk about today and I got to tell you. I'm not excited about any of the three hi everybody it's very truck with you here on a merger Monday morning he used to be like this back in the nineties Jeff. It was always look at month you'd have like half a dozen mergers over the week promises not that many companies often works. Well merged with. If they're all worked out about whatever they think about how many companies go public to reality you've you've got. Weeks where you have back in the nineties yet to have diss you have. Were twenty companies without the number of IPOs is down now you know it's huge in in specifically would suggesting. You know if you go back and you look at Amazon when an IPO just as an example. There appear there and tell IPO the market cap when they IPO was like a billion dollars well what does that anymore. Would've should've could've portrays everyone waits now just because the amount of money they need to raise. You know in order to get some of these companies scaled up. You're not seeing public company like Hoover yeah. Twenty years ago right they would IPO three years ago you know three billion dollars market cap. You don't have that opportunity now for most of what's their market cap seven billion between sixty and seventy depending on in that that's the expectation once they finally Al IPO and that's next year yeah yeah supposedly. Well anyway the ones were talking about our Comcast. Buying sky. And then barrack is buying Rand gold and then serious buying pandora we'll start off of the Comcast story. I think Rupert Murdoch suckered Comcast I I think Comcast paid a lot of money list I'm not sure what they're getting other than. Football. They they did I mean Alyssa says this is a forty billion dollar deal to put this in perspective Comcast's initial bid was around 28 billion dollars so. You know they're paying a significant premium over what they originally intended to walk and you know Murdoch I think again as you said. Might have sort of them somewhere I think they're they're getting a good company and sky. Opted to put this in perspective. You have with with sky this 52 million paying customers that they have. And specifically talk with the biggest properties they own. They have the license to distribute HBO content overseas. And they also are the broadcaster for the English premiere league in the UK which is he's got a nice. It is the biggest soccer league in the world right there it's like having the an L exclusive right it's a bigger audience it's bigger community you talk Bellic the valuations on these teams they are just the same size but it's it's. And again it's is Charles in Europe. Notice so that the Premier League is just in in the you can Otis yes. But it's it is the best soccer league in the world with soccer being most near popular sport in the world it's a pretty good video piece of property to have so I think they got that but I guess it does this price is not immediately streaming in Europe is not as big as it is here what happens when that takes off. Well I think that these assets they'll figure out ways in order to get to get them on to streaming platforms you know the figure that out and I'm not too concerned there would you buy Comcast stock that it. I mean I wouldn't a bought Comcast stock yesterday so bad question but. Well not really mean it because usually after an acquisition see how this is going to be a dynamic company and they're gonna make lots of money going forward I'm looking at this deal saying. Play it like whatever you look at a deal and you say he does it make sense. I don't know he had beat the egg I would I would shy away from. Yeah I mean you you go down you take a look knocks things I would short stocky I just I would not be a buyer of the stock it's. It's here here's the way that I look at. It's not a company that's trading expensively its its trading relatively cheaply you know this is not a company that's trading you know eighty times earnings or something like that. On so it's it's a company that's relatively. Cheap in the broad scheme of things. But maybe it's cheaper reason that's what trying to say like you you look at this you say. Gee you know there's an awful lot of debt that they have out there at the moment how are they going to be impacted by five G. You know it's is these are questions I think that are legitimate to ask. You know they they they do own at this point a nice really nice stable continent because buying NBC universal gave them. You know a good enough entry into the content market that I think they understand it pretty well the only truck who put this is an expensive deal and it's just. It's not that it's a bad company to olden. But it is it is a good company to own at that price. In I was watching the guys on CNBC discuss this morning. And they were having difficulty with it because you know they were there'll come a real rates of preventing negative. Commentary. On bias is pretty art yup it's. This is one. It's gonna take three to four years to figure out if this actually in support and you know some of these you'll get nearly slam dunk don't deal no problem this Wendy's they say. Ice pass to working output. There's a lot of dominoes that after all the right way in order effort to make sense let's talk about bear and wrinkle made their merging eighteen point three billion dollar merger. And they're they're gold companies they're gold mining companies. It. That the problem that I always have a gold mining companies is they only depend on one thing what the price of gold in a so it to say okay is this a good deal. They tell me what the price of gold is going to be in five years I'll tell you if it's a good deal. I think in general calling it the isn't it you've got apples and oranges. Is it apples and are there is speculation that a lot of Goldman was blown into bad apples and oranges I think I okay rising interest rates. What about now typically rising interest rates are bad for gold. If they're rising real interest rates compared to inflation and if you think inflation's eaten up and that is and to do enough to be able to yeah halted the eagle actually gonna perform well in that situation and they and that's actually a pretty likely scenario that that's where I think things are going. Right well that's a great way to solve your debt problems as a run inflation at 5% run interest rates at three. In after 1020 years you've got your debt under managed to what we did 1946 in 1955 in EU so this exact playbook right after World War II so I think you'll world's bankers and the ones that decide yeah and in this is the kind thing if you think that's happening. This might actually end up looking like pretty decent deal that's the case it's just it's it's so dependent on what the price of gold is so it's Aminu. It's that's the only thing that matters in this deal caps still not enthusiastic that's two deals are not enthusiastic about. Now we have serious buying pandora. And again I can't get excited about this I don't know who I feel worse for in this deal serious shareholders Japan to our shareholders terrorists. I don't know pandora is a company the price they got isn't even what the company was worth a year ago. I just honest and wise serious is doing this that's not what they do they are radio platform and not a yacht a plate list on our nation pandora has twice as many active users in in and they don't want to die. And so like I I respect from that series I was dying people with with the I heart why we view it and that's free. Yeah heck would you pay pursue are slowly it's a lot better talent on serious so what I but I am missing a point. What I think series is going to be able to do here's I do think they're gonna leverage the talent that they have you know that the did that the different content that's on their platform. In push that on the pandora and orders say look we can build different kinds of playlist and pandora typically has now. I don't know that's enough by Mia I look at this. And it's just. I think third there are gonna do it wrong tree I don't feel excited for any of these companies you know I sit there and I go. What's you know if a mysterious shareholder do I sit there and say GM getting great you know and a great platform on giving a platform loss to Spotify in now is you know a distant second place best. If by an A pandora shareholder and saying look my stock or 35 bucks a share for years ago now and get nine dollars and change and they have a lot of users but not many pain. Yes so it's IE. I don't know this this one's a tough but this is out of all of these that we would bar that would and the least optimistic on this what are the top streaming music platform Spotify and that's it it's yet everything Spotify you know out he's a leader you can put apple music back there as well YouTube. As one and he need Internet access when he's out. We hear you say you're easily there is a feature re can listen to play analyst off line. You have to make said loyalist at a time yet you have to have downloaded ahead of time with all of them that's that's avail now sets the that's that's kind of where it goes there because that's what people want they want to be able to go to the B pitcher you know work out airplane. Airplane and and listen to news of a give me an example so I've finally about a month ago started using Amazon music on your recommendation Tucker just as young as it all the time I was I was Eric look at this one and here. And unhooked and I'll never I'll never use hand or some and I'll let you pay its its already include in my subscription what I would do something like that and they're coming out their video product you guys what Jack Ryan's via my dad does he says good to her and buried it says did you big John Kaczynski I'm not yeah. Let but you hoc element I've seen everything is and but I can't stand it that. The problem as you still remember him from the office so the officers a phenomenal show offices the great show all time. Does that title so that side of the and he if Jack if you have just Toyota in Massachusetts by the if you haven't watched Jack Ryan. You want it that the problem first episode is all you need but the problem is I can't really give one tracking. Rename the yet I ate up a net it's good you are interviewed eight episodes of the weekend I'm ready for season two. There will be a season to Alia that will be that it put a lot of money and that trail analyst Kaczynski he's got the highest paid in Hollywood. I don't thanks so much is there yet wait EC he's gonna win an Oscar for quiet please quiet place. Then it's it's game for him. Yet and his wife was gonna win the Oscar gap actually might be right. I teams in the movie archetype. You're a few few is really on gambling thank you all my gosh. Talk about Harold she was terrific he coming up next we'll be talking about interest rates. You know what rising interest rates are not all bad we'll explain why when we return the company to. We wanna hear from. Thanks Steward Barry's 263566. And let us know what you think about the stories we discuss your team to the financial exchange radio live. Work hi this is very Armstrong I founded the Armstrong advisory group in 2004 and my number one goal has always been to preserve and protect the assets of my clients so I'm here to give you some free advice finding the right financial advisor is not easy and what do you choose to work with me or not I want -- to be educated on how to pick the right person for you and your family -- a brand new guide called the top ten questions you should ask your financial advisor how often can you meet with that and what other fees will they charge you these among others are critical questions that you should have answers to before you decide who to work -- call my office right now at 803934001. And request a copy of this brand new guide the top ten questions you should ask your financial advisor -- today by calling 803934001. Or download it right now on our website Armstrong advisory dot com. 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 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 and 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. Goalies he 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 that's 781. 862. 1190. 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. Hi everybody it's Barry Armstrong and Jake two Lian we're talking about a program called Z rent. Now this is specifically. Designed for those of you who are landlords and used to collector checks with paper checks are gosh maybe still do. Will zero rent allows you to collect checks electronically. Jail is hoping he could spend a little bit of time explaining how easy grant works and why it's a big advantage for landlords. Absolutely vary so we we develops he rained two out of me the whole race because right now. You know with the landlord when you're getting the rain checks in the mail it's low it's unpredictable. You missing envelope line in the mostly waiting he might not get all the rent until the tenth or fifteenth of the month furthermore if your landlord on vacation in your rinsing your notebooks up to what he does is it really digitize it though. It makes the ranked electronic payments it allows for roomy cheering for multiple roommates and apartments that's great if you're renting out to college student salute. It's predictable it comes at the same time every month. And it's all on me. So the landlords who have been using assisting huge time savings and ointment do you are you still giving the first six months free for landlords the first six months or free and then in addition to that. If you bank it one of the participating banks he rent is always free. Those participating banks are meter being installed in this via add that any bank could sign up breakneck if you at a bank in Vermont to Connecticut. They could sign up and become part is the rent yup you yours if you have a community bank that wants to be a member happened Collison will have to sign up and the service will then be free free. All right if you wanna learn more about easy rent. Go to Z rent dot net you give McAuliffe you wanted to 8776917900. If your bank doesn't offer it they can sign up for zero it go to zero rent dot net or call them total freak. 8776917900. Security suffered through securities America ink members finreg SIPC an advisory services arbiters securities America advisors think Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated stock tips. Stuck with the Barry Armstrong and chuck son it's the financial exchange on the financial exchange radio network. I. Folks heating season is right around the corner get your hot water steam boiler inspected before our first cold snap. Leaves out in the cold call the experts easy plumbing. They won't put system to rate comprehensive test. And make sure all your components are working properly get a head start on your winter preparations. And call easy plumbing today 781862. 1190. Mass master license number 101. Eat the so interest rates are rising you've got the yield on the ten year treasury which is the one that's tied to mortgage rates. Up to three point 08%. In the bed I believe it's on Wednesday will announce another one quarter point rate increase yup yes we get that come in through. And the big thing. Is with when I take a look at this and the threats had a tough time controlling rates for the last three to four months now. They've you know they've they'd give this range where they saying okay we wanna be between two and two and a quarter one in three quarters and two men and they've been at the high end of it for the last couple months and in really. You're seeing not a whole lot of appetite for US bonds and there's there's really not a whole lot of appetite for so is that why the yield on the ten years rising I think it is a source saying. Well I'll buy that from you but I'm not gonna buy it two point 9% I'll bide if you pay me three points early I think it's exactly what you're seeing right now international demand for US treasuries and has all but dried up in particular in the last year really the last three years we've seen it but most buyers of treasuries are Americans and finding it when I say Americans or American financial institutions and in so here's the thing is if you look at who actually owns US treasuries and you're right on one cents in that it is the a lot of financial institutions that have bought them largely because they had to him. But we haven't had to actually finance a growing deficit ourselves in about thirty years any time that we've had new deficits that we needed to finance and we've gone and we've said okay. Europe's gonna buy treasury also China's gonna buy treasuries India's gonna buy treasuries. They're not doing that anymore why. I think when you look at a loss and pieces here it's it is not personal. No it's it's not personal what it is is the it. Fear of being sanctioned from using those exact treasuries if they do not abide by what the US wants Germany. Iran don't know but in Germany why would Germany B were alive see so Germany saying I'm not gonna buy US treasuries because even though. The United States says I can't do business with Iran I want to sister with prop I have no I have to because I need to get away Americans and oil from the US over there they're saying hey I want to get oil from Russia even though Russia's sanctioned by the US treasury at this point. And so you have all these different countries that are sitting there saying. Look it's it's not that we don't trust the United States. It's that. We have to look at our own energy security and so forth and if we're doing that. This doesn't make a lot of sense for us that's that's what. I don't think it's personal Ali China China you can look at China and Russia as China. Is building pipelines from Russia and China Deborah natural gas right. And the United States is saying don't do that we want Sony are natural an interest in look what's what's the upside for us here like all the all the happens if we do business with you as you get mad at us for human rights stuff to get mad at us for doing business with Russian Iran. They it in again it's not that Russia in Iran are innocent here but it's just if you're them. You said there's what they have a choice doesn't look I don't wanna be hold US treasuries not be able to use them so this could be functions of our strong. Diplomacy. Policy rate rate we're we're kind disclose act before that doesn't this goes back to 2014 now. It is this this goes back three to four years at this practice that was little bombings to do and in it goes back you wanna know that the key event that turned this it was when Russia went through Korea you know that that was the event the turn this. It's it's it's it's the reality that you have at the moment and this is you go this this is not going back in the bottle. This this is out and this is going to be if you look at the next twenty years this is going to be the single biggest thing that changes the way the world operates. Do you like higher interest rate to a lot of people thought we you know port Tucker he he wants to buy a house so he's he's so nice and gee how much I have to pay for my mortgage. But a lot of people like higher interest rates savers do. My oh my parents to. If if you can go our parents probably end and I I always like take a look just what you see out there for CD rates and things of that just is I'm I'm curious what's out there. And what's interesting easier you're starting to see them back to the point where they start to get attractive to folks go to certain situations you go what you say okay. It if you're going out five years now you're north three. But again like five years Norton three in this kind of inflationary environment I don't know yet and that's still be a loser right but I'll tell you go out two years and you got 2627. You know that's that's not. Awful for two bullets inflation into a non inflation threatened to. Notes to seven last twelve months were two says so it's you know you sit there and the isn't that counts. It is what it in that's that's been in the case over the last ten years is look the rates you've been able to get since the financial crisis. Your may be keeping up with inflation if you're spending matches that exact pattern but here's the thing. For somebody who's a senior right you're you're six years older seven years old. In you're saying OK well they're saying inflation's running two point neat it's run hotter well but is it if your senior yes. For healthcare now. You know it's you don't see it in housing cost is no if you're you already own your house you'll hear your heart attack is there your property taxes going up two and a half 3% property taxes and health care you know you property taxes going up like five to 7% it has a lot more they're gonna keep moving up is all these states and towns haven't you know budgeted properly so. I think if your seniors in this Angie my property tax went from 6500. Last year my you know health care expenses continue to rise as well. David there's some real cost hikes that are common. That you target the things that senior spend their money. We're curious about higher interest rates and you and and how you manage your money do you like higher interest rates. 57% of our audience so far according to a poll. Like tired treat you can participate in our poll by visiting financial exchange showed dot com that's financial exchange showed dot com or if you have thoughts on higher interest rates you can text us. Our text number is 63566. Don't forget to put my first name at the beginning of your text message and you know there's two sides of that trade literally within talkers on bail right his pair his mom. Might like higher interest rates Arianna his mom might be look at it and say well I can go and truck just told me again a two and a half percent CD. Where's then Tucker he he wants to borrow money to buy a house he's gonna have to pay what four and a half. I was more or three quarters now do you get back close to 5% now on mortgage rates you know I wonder are men a but I wonder it. We're we're probably closer to the end of the rising interest rate environment that we are the beginning would be sent. It it really depends and in this is the tough part is trying to get inside. Or does he defend the dollar. What about the theory that rising interest rates add to inflation because it increases the restriction in the interest channel I agree with that you know nobody talks I agree with that. Everybody says oh rising interest rates that'll slow down inflation as exact opposite effect if you really think about it logically. They would we come back. We've got so much more to talk about. Life goes 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 either experts they're knowledgeable they're courteous they will be on time to take care viewer issue and make sure that it doesn't happen again all you have to do is call today in your plumbing problems. They're history call easy plumbing at 781. 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 781. 862119. 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Critically important to those of you may be retired or nearing retirement age changes to Medicaid occur almost every year and if you're not up to speed on the latest information you're assets could be at risk if you were your spouse need nursing home care Todd let's keep most of the legal exchange radio show and a partner with the law firm of Cushing and Dolan can help Todd is an expert an elder luck and he has a brand new guide of this month that will educate and inform you about Medicaid eligibility this guide among other things discusses various strategies that are available to save your primary home any rental property and even a vacation home if you have one once the nursing home comes telling. The debate over healthcare remains in the news and Medicaid is a huge part of that discussion so take the time right now to call 8668485699. And get your copy of dogs free guide the 2018 eligibility up to date that's 8668485699. You can also downloaded by logging onto our website at legal exchange showed dot com 8668485699. Or downloaded right now and legal exchange showed Don John. Hi this is very are strong and if you're a landlord or property manager I'm sure you've heard me talk about Z rent leader banks tremendous on line rent collection program I'm excited to tell you now about their brand new product called Z deposit this is another free program which streamline the opening of tenant security deposit accounts three totally digital experience with C deposit landlords can open an account online invite tenants to entered their information and manage all their security deposits Z deposit also automate many of the compliance headaches for landlords such as generating account disclosure forms and even send out annual interest payments directly to attendance -- called the Z deposit team to get started at 78164186. And 91 that's 7816418691. 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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 a landlords chasing -- only rent payments and making trips to the bank to deposit checks take a hassle out of round date with zero and leader banks all mine rent collection tool he -- automatically -- tenant's rent and deposited into your account visit WWW -- he -- dot -- to learn more we see rent your payments for each unit received regularly on the same day every month tenants pay nothing in the first six months -- free throw landlords visit WWW -- see rent dot meant to learn more or call 7816418691. Time now for Wall Street watch a look at the market's performance so far today thanks to Berrian jug right here on the financial exchange radio network. Mike Armstrong is a little bit disposed in disclose this morning his wife the my daughter in law gave birth to a little girl last night and so I gave the dale. Of those nice view of just that one day off just today it got me back to work relieving even given the day off that it's an unpaid. Delhi where as you know now with a Redick told them anyway Dow down 234 points. The oil's lately you're still not worried about oil in what way. Like how much I have to pay to heat my house this way you know that that that's the kind of way outward. He ECU. He doesn't give a rip about Tucker has he has natural gas. Brett his house but it First Act goes up to his house might explode but it. You know have to work and the reason that. I don't care about it is not that well it's not even that I don't know actually this I don't care about and here's why. The country's more than just the northeast. And specifically. When I look at the the investing dollars in the money that flows in. I am. Convinced at this point that on the whole when you look at the country as a whole. Higher oil prices are in net benefit to the US now because of how much were producing because it. Helps the midwest and a lot of money goes into capital expenditures. And a lot of jobs in the midway if it helps a Tallinn with. Trade deficit issues as well. You know when you're exporting two and a half million barrels a day you still that important. You you are you always say in Equus our export OK but we're still we're second down nineteen million barrels a day what do we produce and 1112. We'll keep in mind it's a matter of what are you buying about what are you selling it you know if if you buy an oil from Saudi Arabia and they're giving you know dignity at sixty of Maryland we're saying hey we can export 75 to net positive I'm. I'm telling you when you look at this it is a huge net positive. For the country as a whole now than just the and like it. Just doesn't feel that way when that oil truck. Apple pulled the focus we we live in the cold place the winter and it sucks I guess it's it's not fun like I I get that lake I'm not saying that it's fun for us and when there's an awful lot of other things where recede gee you know it's good for the nor ceased but it's bad for the rest of the country like it's just. And how works. Legal immigrants who use or appear likely to tap public assistance programs could find it harder to become. To the United States or state permanently under a trump administration proposal that was released on Saturday. Yeah this I don't think you're going to see this have a whole lot of impact actually just because. Win when you look at the this year numbers and it's just not something that necessarily applies to whole Lotta people to begin this isn't and I think it's. This is largely window dressing in terms of I don't think much is actually going to change Thomas. All wide because states won't enforce I think you're gonna hold on states that are gonna say look. We don't care was stuck in what forces in and I think beyond that you look at just give them the number of people that are on these programs the vast majority of them are US citizens. Yeah you know it's that it indeed it doesn't really have anything to do with immigration so that you that you could do this if you want I don't think it makes a dent in the bigger problems when we talk. When we talk about you know why did the budget looks so bad going forward but they'd go like I guess. The as I'm Foster parent and we adopted a child. Who came to us from Africa. And he was on a lot of public assistance from Korea. He had health insurance and clothing allowances. And but there's a stipend paid a little present a refugee via so this doesn't include refugee program and did their exempt from all so that's why we. When I look at this like if I don't we cut back on the refugee student we went down significantly you know significantly but my point is when you look at the number of people that are actually going to be impacted by this. It's easy doing really small so is it done for political reasons to rally his yes. Yeah it's it's it's not going to make any meaningful difference in the size and scale of these programs. It's going to I mean we're what you're talking about here it's going to make lives more difficult for families that may have received assistance. And so you sit there and say gee you know partly. There are perfectly good families that end up in bad situations sometimes think about if you immigrated to the country back in 2007. Him. You ended up on food stamps and await just because hey the economy fell apart from a year after you came and now you're not going to be able to potentially get. You know permanent legal residents here it's tough. Outbreak there an estimated 44%. 44 point 4% of all US individual taxpayers. Will legally pay zero. Federal income tax one point out I saw that Staten and I did some research truck. That does not include the flight he rolled tax that comes out of our checks every week. Correct so. The dire the gal that works part time at Home Depot. Target. JC Penney they're single. And there may it may be work in 24 hours a week where they don't pay tax. I'll give you another example if you look at the way did the tax code is structured now if someone's getting you know their regular. Average Social Security benefit 14100 a month don't catch him. That they're going to pay. Effectively no tax probably. You know so it's you know those the people that are typically pays you to attack yet you talk about your low paid workers are well paid part time workers. And retired people we're Social Security is their only income and I think is the third of retired people rely on Social Security. It I called my house accountable yet it is if it ends you know. I look at this and and I have always been one of those people who said look regardless of how much you're making. Everyone needs to have skin in the game because because I believe it makes people more responsible for where the spending goes on the back in and so forth they feel like hey like this money's coming out of my paycheck I need him I need to know where it's going. If you look at some of those low paid jobs and so forth. You know people a lot of times you know Woolsey people say oh gee you know why's that. Personal pain attacks instead that asking the bigger question why isn't that company paying them often. Or would it what about the specially today with the economy so tightly Garret always is crazy who. With we what you're saying that but it's not happened because labor has organized you watch the EU the next week. You watch the PF situation what he thinks gonna what do you think's gonna happen and I know you think they're gonna strike there the I don't know if the strike. But the drivers are gonna tell the union to score you think they're gonna reject that ideally it's a bad deal it's a guy. If you read that deal and you should if if you're involved in labor all. Read with the union Hoffa and his thugs have put in front of the drivers to pat deal. It's he's in and the drivers. Have more to this is the last time chuck that these drivers are gonna have the amount of leverage they have I agree the game one kick at the cat here. And and eight I if I were them I would organize and I'd say the UPS we're going on strike in this you do this. And they could be Christmas could be over because of the Teamsters. I agree. I didn't admit they have their in the catbird seat they are they have all the leverage and as I said this is the last major blood might be if it might be and they they might have one more after the end and would it would allow UPS to do is to go to Amazon and say. Hey you guys have to pay us more money. And if you don't we're gonna and Christmas for you to him. Is Amazon can't make it up Amazon does not have the and the Postal Service cannot make up for Europeans but UPS can't make up for losing Amazon either. Now I think it's it's an existential crisis for both of them it is you know like. It's that there at the point now where we know Amazon wants to cut UPS out. UPS the same week unions as their chance there's is their chance to go to Amazon it's and we wanna walked into when he. The only Amazon to puzzles in the Purdue that nothing's so no it's too Smart. It is a block anything and I I don't think Amazon. I think him as a it's gonna have their labor problems in the warehouse to. If I'm if I'm working and one of the sweatshops. It's it's amazing they haven't had those problems yet they have in Germany your look at what happened to we have at the stores and over there they've had all kinds of union issues you know already in in Germany they beat the bag. If you if it's a contacts. Oh yeah and it really is folks it's pretty hard to find a bank it has checking and savings accounts that to provide decent return but if you're in the market for one. Look no further than leader banks Zuma rewards account qualifying customers get 1% back on debit 10% back it featured businesses. With no minimum balance required and no monthly fees. But that's not all. Leader banks Zuma savings account has a 2.0 5% APY that's 2.0 5%. And they're great perk for qualifying Xoom and the customers you're looking for great great. It's time to call leader bank. At 8776917900. You can learn more about who my accounts that number again is 8776917900. Or visit leader bank dot com. Minimum deposit open and current annual percentage yield is ten dollars 2.0 5% EP whyme mass residents only. These may reduce earnings rate subject to change without notice member FDIC. Leader bank. He stepped it was at last week went Hillary shares at 300 bucks yes. They're down today 214. Dollars this year I get a lot of questions these two get a lot of emails and text questions about that cooling down getting. Tax questions about Canada stocks marijuana stocks. And let me just share something I'd lean toward justice I got this from today's Wall Street are not necessarily today is this who's. Recently September 23 midnight. Precisely. So. There are more than 120. Marijuana companies listed on Canadian stock exchanges. But the sector is dominated by five companies whose total market value has catapulted from less than four billion to nearly forty billion in the last year. Some of these companies if you're buying some of these companies on the Canadian stock exchange runway which is like the wild west. They eat the additional rules it's killer bee killed there. Many of these companies are so new truck they are still developing business but I should move back to trial. And go public as candidates company and a little bit about it. And concealment money. Oil you have to do is Leo was the company is like you know we'd strong and all of a sudden it. The boom like it's you're good to go play at you you got nothing to worry about it's this is as you said it's it's the wild berries brownies we think it's. The toughest was. Canada's grounding which by the tree by Tucker. If our anniversary talk restraint so I'll get I look at this and what I would worry about look there are legitimate companies that are going to come out this canopy might we be one of them even till ray's not he's the valuation is team they could end up being a legitimate company. What you see in all of these gold rush is that happened and I use the term gold rush because it's exactly what it's like. People go and they've been told these stories of this going to be the biggest thing ever and anywhere you go you're gonna make money. And it's just not the case with so rave rallied to 300 on news that they're going to be allowed to sell a little bit of their dope down in California. Exactly this as a company that twenty million dollars in sales for the first six months it was worth twenty billion dollars made no sense here here's what I like though. The end and you know many of our listeners are saying Berry's been spoken to tweet what I like is it is the beginning of the legitimate legitimate station. What had previously been an underground economy. So yeah I think Jim Toledo has a good friend of mine very much opposed to campus. And I when I talk to oxygen you have to look at the economic impact. Walked into one of those dispensaries and what you're gonna see years. 2030 people working in one of those dispensaries that may have previously worked at your JC Penney years seers. Take a look at the people in the growth facility. They are there will be at you with Ph.D.s that are you know working for these companies you know trying to figure hey how do we you know make the best possible product out there that's actually where one of the problems. It's so bloody strong. When I was a kid right it was not as strong as it is today. Marijuana today I think the strength of it in the the the amount of TC. In the candidates I play two or three times the amount it was previously a multiple yeah it is a multiple. But. You've got a whole lot easy call them whatever kind of job one there agricultural jobs. You're gonna have growth facilities. In all the states as it has to be grown in states like if you're gonna buy marijuana in Massachusetts it has to be grown in Massachusetts investigator wave. I'd be hundred hundreds of drops and overall throughout the commonwealth your talk and thousands and thousands of jobs and the same thing's gonna happen in Vermont Connecticut it's gonna go Rhode island's gonna go all the states are going to be. It will eight you've got I think it's it's either seven very right now that are there's another three I think that are up on the ballot this on a year you you're gonna continue to see them moving forward here. That the big thing that I always caution people about. Is. With the legitimate companies that are out there. You'll also get the recommends that come out the people that have you know nothing but bad intentions jump in terms being scam artists to rip people off. And the problem is you see these companies where it's oh this was only got a market cap of thirty million dollars could if it becomes till ray I'm gonna make you know a hundred times on my money penny stocks. Just just be careful on this since I'm not saying don't investment just. Just be careful because even if you bought two or let's say about it the wrong time bought it at 300 share you're sitting there now you're out off 60% going. Hecht wonderland like hole in this Olympic coin buyer yet and beat. Buyer be Wear you have a better chance at least an equal chance of going to foxwoods and making money than you do on these stocks. America's trucker shortage is in a crisis mode notes not not explain you why when we return. This news financial news and what it means to you it's only right here on the financial exchange with Barry Armstrong and chuck sawdust on the financial exchange or. Radio network understanding Medicaid eligibility is critically important to those of you may be retired or nearing retirement age changes to Medicaid occur almost every year and if you're not up to speed on the latest information you're acids could be at risk if you were your spouse need nursing home care Todd let's keep host of the legal exchange radio show and a partner with the law firm of Cushing and Dolan can help taught as an expert an elder luck and he has a brand new guide of this month it will educate and inform you about Medicaid eligibility this guide among other things discusses various strategies that are available to save your primary home any rental property and even a vacation home if you have one once the nursing home comes calling. The debate over healthcare remains in the news and Medicaid is a huge part of that discussion so take the time right now to call 8668485699. And get your copy of dogs free guide the 2018 eligibility update that's 8668485699. You can also download by logging onto our website at legal exchange showed dot com 8668485699. Or downloaded right now and legal exchange showed Don John. Hi this is very Armstrong and if you're a landlord or property manager I'm sure you've heard me talk about Z rent leader banks tremendous on line rent collection program I'm excited to tell you now about their brand new product called Z deposit this is another free program which streamline the opening of tenant security deposit accounts three totally digital experience with C deposit landlords can open an account online invite tenants to entered 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 attendance this call the Z deposit teen to get started at 7816418691. That's 7816418691. Or visit them online and see deposit dot net member FDIC leader bank step ahead. Hi it's very are strong and potluck ski from the law firm of Cushing and dole were here today with your legal exchange. Quick tip of the day were talking about your mom your dad gets sick they go to nursing home. What do you do know planning has been done tot. If a spouse enters a nursing home housing joint bank account or a brokerage account treated. It does acute bats might save my wife's name is on the count my name's on the count. I go to nursing home. And nears half a million bucks in that account what happens that. Yes a lot of. People thinking in this spot where your head with despair that somehow. How that. Bank account brokerage account is owned and makes a difference. And really it doesn't. So when you are married if all the accounts were in the husband's name in the life gets sick and goes in the nursing home. All those accounts bank or brokerage accounts are at risk not half not non even my hiring. Even your IRA. It's at risk Obama forward cam retired Stillman for a one case at risk it it does in this is by and soap some people think all of its joint. With me and my wife and one of us gets it only happens at risk. Not true. All at risk but it all on the table put a big pile of money on the table Richard and take out your 123000. Healthy spouse if you're single you only get to. How long did you live on a 123 outs that saved saved up 700000 dollars. The government's gonna take everything you have except for 123000. Dollars how long does your spouse or call right now and get the guys at 8668485699. Or download it. Immediately at legal exchange showed dot com legal exchange showed dot com or call and get the darn guide right now 8668485699. 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. So we're seeing reports. That deputy attorney general raw frozen Stein is resigning that's according to axis that you have a conflicting reports today. Yes MSNBC reporting that he is not resigning but saying. That he. Will you saying that the White House is trying to push him to resign but that he is asking to be fired rather than resign so severance but no one quite knows what's going. Nothing better average I'd like to file for unemployment. The well yesterday you know you write a book right. Then you'll really need unemployment at that point I wouldn't think. When they get a used book advance would be worth a few bucks America's trucker shortage is in crisis mode. It and actually wanna go back to that UPS story yes we got a text message. From 781 Barrett asked the drivers about the vote in the said the contract is going to pass. They're going to vote for because the union is telling them it's a good deal. That's not what I'm hearing may I I'm I'm reading things. Outside of new England and there's a lot of pockets of this union coffers had leadership problems in the past. And have something with the last deal they were negotiating there's something also that really they were close to not ratifying that when entity that a lot of the rank and file. Are not happy with it in the air with what's happening most interesting today chuck is. The rank and file members now with blogging and Twitter and FaceBook. They're able to be much more proactive in organized much bigger platform than they previously had and they're getting out there and say hey we're get the screws put to us and and I got to tell you. I just I think truck drivers have a lot of leverage to angle the I like everything I read says so there's 60000 driver short 70000 drivers for the real proof is the fact that they're thinking about an eighteen year old struck. Aria otherwise they would do why would you ever consider the only reason they're doing that is to increase the labor pool now in movement and now in with it comes back to. Immigration. You know the companies are now going to be going to Washington and saying hey you need to have some kind of immigration reform we need more workers. It is people are retired. Well and look even if if I had twelve kids tomorrow yet they can't work for eighteen years. I could I can do I can do if you're doing your part I can do everything you've always wanted me to do it Tucker's the only taken my advice by. Thanks talker. Welcome to get off me for the next fifteen year old years under your my favorite employees. But it's it's just it's that you can't solve short term. Employment problems. With with babies in there that's a long term solution but it's not something that can pick insolvent in the short run. The they keep squawking about trucker shortages median pay for truckers forty grant it's not enough money now it's it's it's a shortage at that prevailing wage that wage if you say look. A set of forty we're gonna get your 55 or sixty you don't have shortages though. You filled you know yet the cost of all of our goods is going to go up you can make the case it should have been higher anyways you have been paying these guys and. These guys are getting paid half of what they were in the seventies when adjusted for inflation down. Markets are open and it is not a joyous day on Wall Street the fuel gold which is up six bucks announced the Dow's down 135 point. Yes and he's down fourteen points I think a lot of this might be due to China back in the trade negotiations over the weekend big chunk of minutes and then. Will be back with more on the financial. 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Understanding Medicaid eligibility is critically important to those of you may be retired or nearing retirement age changes to Medicaid occur almost every year and if you're not up to speed on the latest information you're acids could be at risk if you were your spouse need nursing home care tablets keep close to the legal exchange radio show and a partner with the law firm of Cushing and Dolan can help Todd is an expert an elder luck and he has a brand new guide of this month that will educate and inform you about Medicaid eligibility this guide among other things discusses various strategies that are available to save your primary home any rental property and even a vacation home if you have one once the nursing home come stalling. The debate over healthcare remains in the news and Medicaid is a huge part of that discussion so take the time right now to call 8668485699. And get your copy of Dodd's free guide the 2018 eligibility update that's 8668485699. 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Visit C Rand dot net or call 7816418691. For more information at 78164186917816418691. Or zero rent dot net. It's the money matters radio network WB MW 11:20 AM and W 275 CN FL could cost him the money matters radio network. Hi this is chuck and Mike from the financial exchange were here to talk to you about the questions that you need to. Asked to potential financial advisor Mike there's a lot of different types of advisors out there. And one of the big questions that I think people really need to pay attention to pull for your client but they must in fact be in the client's best interests can be giving example of how a fiduciary approach may differ from someone who's just acting as a broker for client. Yeah absolutely so when you take the case of San broker may have a slew of different investment options that they can use and let's say you're comparing two different mutual funds and they might both achieve the same objective. But one of them might pay the advisor 5% commission and one of them might pay the 3% commission. Under those circumstances the broker's fee no free to choose that 5% product because it pays him more. Whereas the fiduciary is going to be in a place where they must choose that product that is truly in the message the client and if they don't. Then they stand to face legal repercussions. Folks there's a new guy out from Armstrong advisory group this month that details all of the questions specifically the top ten questions to ask a financial advisor. It's free to get in only have to do is call 800. 393. 4001. Once again that number is 80393. 4001. If you prefer to downloaded on line you can go right now to Armstrong advisory dot com. Securities offered to securities America incorporated members Jenrette SIPC and advisory services are printer securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. Do you have an elderly parent or loved one be suspect is being scared for their money if so enjoy with Massachusetts credit unions in our fight to combat senior financial b.s Bob told 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 educational tools that help you recognize an elder financial abuse and what to do in response does it better values and better banking dot com and help us take up the fight to protect seniors everywhere. 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Leader bank a step ahead hi this is very Armstrong I've been helping families like yours with their investment strategy for the last thirty plus years in what you're working with my team or another advisor wanna give you some free advice finding the right advisor is not easy so I've written a guide to help you through this trying process it's the top ten questions you should ask your financial advisor is your financial advisor a fiduciary does he sell financial products what are their fees will be charging these among others are critical questions that you should have answers to before you make your decision call my office right now and 803934001. And request a copy of this brand new guide the top ten questions you should ask your financial advisor educating yourself is a very important aspect of this processed so don't delay get your free guide today by calling 803934001. Or download it right now on our website Armstrong advisory. Dot com 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. And affiliated hi this is very Armstrong and if you're a landlord or property manager I'm sure you've heard me talk about Z rent leader banks tremendous on line rent collection program I'm excited to tell you now about their brand new product called Z deposit this is another free program which streamline the opening of tenant security deposit accounts three totally digital experience with C deposit landlords can open an account online invite tenants to entered their information and manage all their security deposits Z deposit also automate many of the compliance headaches for landlords such as generating account disclosure forms and will even send out annual interest payments directly to attendance disk called the Z deposit team to get started at 78164186. And 91 that's 7816418691. Or visit them online at C deposit. Dot net member FDIC leader bank step ahead. This is the financial exchange with the Barry Armstrong and chunks of you're exclusive look at business and financial news affecting your day your city your world. They informed and today about economic and market trends plus breaking business news. And the financial exchange with the very Armstrong and shocks. It's merger Monday folks we have three big mergers to talk about and usually they're strong posters. Stocks will rise indicted today the Dow down a 139. Points. I guess Comcast is the biggest one right dead there there was even a merger the there was a bidding war but the assets of sky in the theoretically they won that bidding war. Yeah you've got that one that's the biggest one it's going to be eight just over forty billion dollar deal that they are making here then you've got serious ex im buying pandora for 3.5 billion dollars to mini deal many deal and then you've got the the wrangled deal than which is was about eighteen billion deal appeared tonight and the teachers big gold company yeah so old mining companies you've got you know of a few deals that are beyond. Obviously neo completed at this point then. No download great you know that did the best one in my opinion is that Comcast I want is at least I would that SA OK sky is eat he has some valuable assets but I don't like that deal. But that it they're probably not that valuable but I can at least understand the rationale. The pandora one like I look at serious exam there and I say. You buying a company. That the best case you can make for them is that may be either the second or third best streaming service out there don't even think they're that like after I went through it I'm sitting there I'm going. I'd rather have apple music at rather have Amazon music obviously you know Spotify is the leader in the clubhouse. What it is canned or worse now. It's three and a half billion I wonder if Amazon music doesn't take the cake. For more perspective just because it's included in your feet right gaelic you know I'm paying for Spotify. But would you pay for Spotify is now that your name is unknown right I don't. I won't rest takes him. Construction leaves job growth in South Florida while unemployment shrinks. I I get a tight construction jobs seemed to be leading the pack not just in South Florida but across the country. Yet your seems like and you still have box contractors of all types when he talked electricians plumbers roofers you name it. Saying hey we can't find enough people do all the jobs that are out there. In particular. I think this is likely to get even worse in the recovery from hurricane forest which is estimated. To have cost somewhere between thirty and fifty billion dollars worth of damage. And what that really means is tape there's there's an Olympics in Houston if there's thirty to fifty billion dollars worth the work out there for contractors. To get these area. Fixed with the thing about the track they're still work in Houston they're going to be for years date they're still working in Puerto Rico Rico is. Coming apart at the seems to Virgin Islands still achy EU if you have. Skills in terms of carpentry painting electrical plumbing. Work. It's one thing I'm Wilson and you're gonna get paid. I almost look at how how was there not been like wouldn't this be a great time for some kind of jobs initiative on that side lake. Pay eight a program that for the next two years. We're going to give you money in order to get you you know get you through your apprenticeship and so forth like make it more attractive to get people into those industries you know Lee eerie. You raise a point. That. Does that fall on the shoulders of government urges that shall fall on the shoulders of the private sector in the old days will it happens GM needed to hire more assembly line workers they would. Go out and find them and train. Himself and we're just us you know for that anymore and in. I haven't had to do it for fifty years known it in and look maybe just a private sector handle but it's you you sit there receipt you all this work that needs to get done and we don't have any one who can do this I think of I I would leave I would prefer to see it left in the hands of the G ease of the world that the GMs of the war and knows he's the right company a look at today not nine year low today 1172 a share now. The corporate America I think is. Better because if you're saying let's use general dynamics as an example right there down in. Groton Connecticut New London, Connecticut they've got facilities in Rhode Island. They they need workers desperately. Right in the union workers that can do two things have to pass a drug test and they have to pass the background check Eric is a working on top of peace. I actually if he tucked. About it they're both tough choice put marijuana is the is a band subsidy if you wanna work coming up on a sub. You can't be used indemnity are but the most sensitive you know technology that we have in the country when it comes those ups and so. Companies like that with they're recognizing in in their coordinating with the community colleges and they're saying okay. We'll sponsor at this behind the scenes. But we need you to train people that we can hire sheet metal workers or people that we can get higher as commercial painters. I like the idea of the private sector handle because if your trucking company. You're not you're gonna train your guys to drive your ratings in to drive your trucks and and to be in in the same thing with the electrical. If you're electorate if you're running an electrical contract and company right are you going to hire apprentices. Hope so pay more. And that's again it that you're you're not seeing the paying enough to get the people and right now but look at me like it there's a big story in today's Wall Street Journal. In its talking about 11. That really struck me was housekeepers in a hotel. It was a good time to go on strike said Tina Graham she's a sixty year old housekeeper who has worked at the Palmer house at the Hilton worldwide who'll tell. For eleven years now and now earns 1975. An hour. As a housekeeper good. And is that its full time work. Right yet somebody sit there and two days I have a formal education and that's a living wage you sit there and say look you can live off that you're not gonna live Ohio the hockey and everything but you can say hey that's a living wage you know have to be able to read. You eat right don't you don't have to graduated high school to to have that job and what that does crane operators in Seattle. Ended a seventeen day strike. After reaching a tentative agreement with a seventeen point 8% pay increase here's what I will predict now. That you put this on the board talker or a prediction board. 2019. Will be the year. A strikes you're gonna see 201980. Actually by even occur in the last quarter when he eighteen. Where you're gonna hear more and more about Lee burst strident people are saying hey screw you. Raytheon screw you General Motors screw you forward. You want me to come to work tomorrow you're gonna pay me more money it's UPS I'm I am. Dying to see. How that vote goes I think it's either the fourth or fifth of October. And it and I tend to agree because if you look at what we're saying remember the beginning this year we've just gotten tax reform Dona in every saying hey now you're gonna see workers getting paid more now you seem. Well it's been a year well an in workers' sit there and there's same G. I've seen the CEO's getting more and more stock options I've seen the stock price going up there I see you're getting paid because of tax reform. Wired to pain me and so I think just the build up for of that year a bit and I I agree with you the next year I think he's going to be that. Year part of the reason the stock went up was their outing on the CEOs to be able to keep wages low and I don't think the CEOs have that ability I don't think people recognize any there's a lack. Of acknowledgment on the part of investors and talk about guys like you and me when we're buying companies. We need to be more careful. Because we need to recognize that. Yeah they've got. You know a million dollar set aside for wages sock and be a million dollars can be one point two million dollars when you look at net income statement. I think. That and I think we could see chuck is at least in the short term you may see stocks pulled back. Because corporations are gonna mess they're gonna missed earnings there they're gonna hit and revenue. Yup they're gonna miss their earnings and the CEOs gonna say yeah it is in the language they use is always. Very circuitous wage pressures ya ya which. An end make no mistake I think you're spot on on this is what you see kind of in a late stage economic cycle you see you you know cost of things like this going up. It's a good it's a better problem to have that other Costco opens because it's the kind of thing that makes an economy more healthy for the long run when workers have more money in their pocket. It does mean. You might see as you said you know earnings might miss by a couple cents a share because hey we had more muted in the short term exactly. But in the long run it tends to be something that makes for a healthier economy to go back to Henry Ford right members of a penny to pay people enough to be able buy my cars the earth can he got it he was the first guy. They really first industrialist. That recognize you have to pay your workers here is this the counterpoint of that though OK you look at some of the biggest companies that are out there today. Wal-Mart McDonald's and Coca coal. The existential threat for them is not paying people enough to to buy their products tape I pay people too much against the shop here in. That does anyone go to Wal-Mart or McDonald's because they think it's the best place to get everything. No they do it because the cheapest place to get what they need. If all of a sudden you give people more or NIC do they still shop there they say heck yeah better stuff next door. In. General will see these time top. We were talking about interest rates earlier we asked the question do you like higher interest rates unity the day. Common knowledge or the you know the most simplistic way to look at it is rising interest rates are bad for the economy that's we've heard during the Obama administration for years right got to keep interest rates alone. Fact of the matter is. Higher interest rates increased the interest channel what I mean by that. Well if you're making 3% on a CD you have a 100000 dollars in the bank that's 3000 bucks more the you have to spend and you did five years ago as five years ago your make and at 1% on CD. Deal like higher interest rates Tucker we have learned does not like iron trees because he's trying to buy house. But Tucker mom might like higher interest rates my mom likes higher interest rates fishy to make more on her bank account or savings account or CDs. You participate in our poll by visiting our website financial exchange showed dot com. Couples are going to therapy. Before they get married the reason. That they're going to therapy. Might surprise you were to talk about next on the financial exchange. 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 Barrett and join our exclusive club. Days as the financial exchange radio network. Hi this is very Armstrong I founded the Armstrong advisory group in 2004 and my number one goal has always been to preserve and protect the assets of my clients so I'm here to give you some free advice finding the right financial advisor is not easy and what do you choose to work with me or not I want to be educated on how to pick the right person for you and your family -- a brand new guide called the top ten questions you should ask your financial advisor how often can you meet with that and what other fees will they charge you these among others are critical questions that you should have answers to before you decide who to work call my office right now at 803934001. And request a copy of this brand new guide the top ten questions you should ask your financial advisor horse today by calling 803934001. Or download it right now on our website are strong advisory dot com. Securities are for to 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. As you near retirement age it's very important to make sure that your state is in solid shape and if you listen to Todd lets these weekly shown the legal exchange you know that he's an expert on elderly from the state planning. The Medicaid rules change almost every year and taught as a new kind of this month to educate you on the most up to date facts regarding Medicaid eligibility there's so much important information to have among other things this guy we'll show you what can be done last minute to save your assets when one spouse is entering a nursing home all right now 8668485699. And get your free copy of the 2018 Medicaid eligibility update today let the experts at Cushing and -- help you protect the assets you worked so hard to retain their new guide the Tony eighteen Medicaid eligibility update by calling right now at 8668485699. You can also download it by logging onto our website and legal exchange showed dot com Cushing and Dolan has been helping families like yours for more than thirty years and they can help you do call 8668485699. That's 8668485699. Or visit legal exchange showed dot com. Hi this is Barry are strong and if you're a landlord or property manager I'm sure you've heard me talk about Z rent leader banks tremendous on line rent collection program I'm excited to tell you now about their brand new product called Z deposit this is another free program which streamline the opening of tenant security deposit accounts three totally digital experience with C deposit landlords can open an account online invite tenants to entered their information and manage all their security deposits Z deposit also automate many of the compliance headaches for landlords such as generating account disclosure forms and even send out annual interest payments directly to attendance this call dizzy 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. 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 you 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. All easy plumbing. Easy makes it easy either experts they're knowledgeable they're courteous. They will be on time to take care of your issue and make sure that it doesn't happen again all you have to do is call today in your plumbing problems they're history call easy plumbing at 781. 862. 1190 that 781. 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. The financial exchange. Coal or murdering an 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. This segment of the financial exchanges brought to you in part by CU's senior safeguard and educational program. Designed to protect the elderly from financial abuse. Through senior safeguard credit unions Massachusetts. New Hampshire Rhode Island 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. So Peter Peter Peter Pearson excuse me is their relationship coach chuck in a consultant in Menlo park California. He says that most couples dealing with in law issues are delusional only optimistic. They believe that after they get married I think it'll get better. And so they brush the issues under the proverbial rug except. Most of the time Pearson said it does not get better sometimes the tension gets worse after he merry. He need to think about that when you're marrying young lady you're young man you're not always just mirroring them your mirroring their name. I disagree. You don't think you're bearing a family decision. While one in five couples who go through marriage counseling with Pearson are dealing with in more problems. One in five. If it's an issue it's it's it's it's out there. The person. Whose parents don't like their partner has to decide which camp their and should they stand by their partner or defend their family it's a tough choice to make Pearson said. But the third options sitting in the middle of the civil war is generally untenable. It's hard I mean it's when you get married you're not just marrying your husband or your wife. Yours your you'd need to take a good look under the hood and see. You know what what are mom and dad like you wanna spend all your holidays with. I disagree. In in what way tell acts against it's you spend a few days a year with these people via. It's morn and in a lot of instances to our families more than a few days usually even like let's say it's even you know once a month yeah. OK great so it's you know forty days a year in. Think there's 350 other ones now the I guess. I just think that people make. We deals that stuff like this where it's like look if it causes problems 1520 days a year. That's likely stuff is going to be perfect and easy to reconcile again I go to you need to understand though before the merry. You're not Cree is that not common sense you need to be able to have a conversation with your fiance and say look. You know I love you wanna spend the rest of my life with you. But I don't wanna spend the rest of the life with your fame W crazy uncle not so much you know it may have to talk about if a F I looked at it you know you Europe who pulling this whole issue. I can tell you. I have clients and I have friends who have not seen their grandchildren. Because there daughter in law or their son in law won't while they have such a display the beat the relationship has become so afraid. That they they don't concede your credentials to suffer in the terrorism and it is not fair to anybody it's just as people about it talking about the stuff like you know all you have to do I get I get it's difficult to talk about it but just like you know. Lap like. Yeah just say when he got to say you know again maybe look I come from an Italian family. Did you talk with the Italian film were not known for being shy and quiet about problems when we have a problem with something we talked about like that. Granted it occasionally looks like we're just yelling Audi children but the fact is we're able to deal of this crap. There was a study done by the University of Michigan in in this this fast. It found that couples in which the husband was close to his wife's parents. They were 20% less likely to divorce over the next sixteen years then the rates of twenty if it's a Turkey I know you're happy to close with your parent you're. Your that's because you're 20% less likely. To get divorced however. When the wife was close to her husband's parents the couple couples risk of divorce was 20% higher. I to delay your wife like him. Tata taping the needed right now dollar immediately they Kosovo conflict there. Right just like I I caused a ruckus I just think this stuff as interest story as though he's just acting you know it is I think it's just part the top. Now that you just. To. Start the used car sales boom. As new cars get too pricey for men. This is actually. I like this story because it demonstrates that Americans against. Yet if you go back to the beginning of the year average price that was paid for eight car unit all time 536000. 840. Dollars in December 27 two with a lot of it's almost 37000 dollars can do a lot of people listening. That are saying I didn't pay that for my first house. In a lot EU after mom and dad he knew it was their first past the one thing about Armenia was yeah that's with the paper that they pay about sixty now. They would they were a little later date news and eighties when asked her Oscar I remember what my dad papers burst out. 90000. 191000 boxes of three is brand new that was new construction. As a brand new house nobody of that than before I think even even with this you know this is the move towards more used cars. I still think people in general are vary vary bad buying cars. It because I think we spend money on stuff that we have no business spending money cars because rightly or wrongly in me like L muscles that are easily the status symbol of I don't think so much the 21 century but I think the twentieth I think buying habits are changing you really notice it you live in the suburbs. And behaviors you're in and neighbor called the sack or neighborhood. Because. You'll you notice you notice what kind of card neighbors for the world salvage scud Doughty yeah the knee at the sale yet this could probably leverage to get. I'm not going to be able to afford a couple years mr. Sullivan must've gotten a big promotion or he'd borrowed all that money yeah they get so I look at this stuff and I think that humans are terrible figured out what kind of cars they actually it's I don't know I need the sunroof for oh I like having you know this it's. Just talk about the economics. At all. You you buy a used car. It has 40000 miles on yours through what maybe 20% of its life and it's going to be forty to 50% cheaper than if you bought a new via exit to the match rate on YouTube by car has 40000 miles. Used to be when I bought new cars. Is as. EU. Car would last may be eighty and 90000 miles now he started things last 21000. Yeah output at the Swiss I had my Subaru it's got 87000 miles. For whatever reason on this one. I haven't had to replace the clutch I just life stick normally I assumed he gets out the 70000 miles on a clutch and 7000 and change that and. Don't have any problems go back to the man. Seen by car this has 40000 miles on 20s20%. Through its shelf life the right. You pay fifty cents on the dollar down. If you get result since the war your fifty you're getting a 50%. Discount on an 80% asset that. I just got to use our Mary I discovered a mildly Simpson fifty bucks a month did you that now and 175000. Miles on a Toyota. It's gonna go for 200000 miles easy you know now it is it's Tony fourteen EPA city fifty bucks amok now. Yet but like the and you look at what you paid for that them. I bet I'm gonna say you probably paid 35 cents on the dollar relative to what it skews the cost would be new. Article I've always sense it's more more than forty cents a dollar Arabs are pretty good deal out. No that would be bad deal paid forty cents a. On on ours are less yet what are editor not good at math. Well I think. The financial exchange is alive and textbook so lectured like your page and watched the guys break and the latest on the market every day we getting it on the plane into the exchange radio network. Understanding Medicaid eligibility is critically important to those of you may be retired or nearing retirement age changes to Medicaid occur almost every year and if you're not up to speed on the latest information you're assets could be at risk if you were your spouse need nursing home care Todd let's keep close to the legal exchange radio show and a partner with the law firm of Cushing and Dolan can help out as an expert an elder luck he has a brand new guide of this month that will educate and inform you about Medicaid eligibility this guide among other things discusses various strategies that are available to save your primary home any rental property and even a vacation home if you have one once the nursing home comes telling. The debate over healthcare remains in the news and Medicaid is a huge part of that discussion so take the time right now to call 8668485699. And get your copy of Dodd's free guide the 2018 eligibility up to date that's 8668485699. You can also download it by logging onto our website at legal exchange showed dot com 8668485699. Or downloaded right now and legal exchange showed done John. Hi this is very Armstrong I've been helping families like yours with their investment strategy for the last thirty plus years in what you're working with my team or another advisor wanna give you some free advice finding the right advisor is not easy so I've written a guide to help you through this trying process it's the top ten questions you should ask your financial advisor is your financial advisor a fiduciary does he sell financial products what are their fees will be charging these among others are critical questions that you should have answers to before you make your decision call my office right now at 803934001. And request a copy of this brand new guide the top ten questions you should ask your financial advisor educating yourself is a very important aspect of this process so don't delay get your free guide today by calling 803934001. Or download it right now on our website Armstrong advisory dot com. Securities offered to securities America incorporated members in SIPC advisory service is our securities America advisors incorporated Barry Armstrong representative Armstrong advisory group the securities and our two companies are unaffiliated. Are you having problems the blocked sink or dream. What 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 had all kinds of trouble trying to get people who can come in and do capable. Qualified work I talked easy coming in their professional punctual and thorough and all the work that they do so if you need a reliable plumber. With fair competitive prices. All easy plumbing. Easy makes it easy either experts they're knowledgeable they're courteous. They will be on time to take care of your issue and make sure that it doesn't happen again all you have to do is call today in your plumbing problems they're history call easy plumbing at 781. 862. 1190s that 781. 862. 1190. Or he can visit them online at easy plumbing MA dot com for more information mass master license number 10. 183 again the number is 781. 862. 1190. Hi this is chuck and Mike from the financial exchange we're here to talk about some of the questions that you need to make sure you ask a financial advisor if you're considering hiring one and Mike what are the big questions that I think everyone needs to pay attention to is to actually making the investment decisions when it comes to what goes declines portfolio what what types of different situations and be seen as ours who makes the investment choices in portfolios decline. I can vary significantly ME everything from TO a small independent advisors action running all those portfolios and investments themselves to completely hiring that entire piece of the business out to a third party why it's important that you understand which one it's happening is because you want to make sure a the person that's making the investment decisions has the qualifications needed to do so. Understands the markets maybe has a chartered financial analyst on staff and beats they're not doing it themselves are there any additional costs to using a third party for the service lets talk about that second piece of particular how much additional cost you end up running into if they're outsourcing that management uh oh well I mean I I've seen numbers as high as in other full percentage point if not more during the case where say you're paying your advisor 1%. And they're using a third party money manager you might be layering on an additional 1% cost mainly double the cost of investing for. Folks the question of who makes the investment decisions in a client portfolios just one of the questions you need to ask a potential advisor and our strong advisory group has put together a list of the top ten questions that you need to ask a potential advisor all you have to do to get it is call 800. 3934001. That's 803934001. Or if he'd rather get it online you can go right now and Armstrong advisory dot com once again that's our strong advisory dot com. Securities are pretty securities America incorporated member finreg SIPC and advisory services are there securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. And include. Larry show can the financial exchange on FaceBook FaceBook dot com slash the financial exchange this is that I mean to exchange radio network. Have you noticed the price of get a ride to the airport is a lot less expensive back in 1990 when I moved to Boston from New York. Pays to take black car to the airport to be 125 bucks. Plus it. To date it back that was back when you're in diapers stuck down in 1990. Today I can get a lift writer who override to the airport it's 67 dull it's cheaper. Today than it was almost thirty years ago and you can schedule it to you can schedule it. The result news. Marketed parking lots and. An airport known it's it's a problem for airports because this has been a wave they've been able to generate a significant amount of revenue for awhile. And so what airports are trying to do is they're saying look we're we're gonna start building and parking loyalty programs we wanna cut the parking fees in order to make it more competitive with some of these other services. And it really is forcing them to take a look at this their budgets over all the airports or twenty bucks to park is it if you know in the door but out. They crazy expensive you know more you know sometimes it'll be thirty to forty box that your vote away for a week. Or he can't afford to leave it there for no CC a lot of these loyalty programs that get built in where it's hey you pay a fixed rate of you know eighty dollars a month you can park there's much you want or something like that. On if your business traveler now made it worth it works out great for it is nice I like I I always preferred to drive my car is then you're not worried they'll look at for the limo when and all the hassle and it's it's easier yes but. I got away for a disc is became forbidding expense yet that that the price just ended up not especially if you're talking about major airports and of feared going to Boston or Miami or somewhere like that because Providence it's cheap. I think it's like eat at ten bucks and he something like that but you know your major airports not your ones that are tear down from that. You know that they're going to be prohibitively expensive in a lot of cases and the problem is these revenue than a lot of those airports and on it or it it was it was free money for them pretty much you know. Unlike something you know like actually flying an airplane where hey we have to make sure things go right. Partner as well to build things like you really do well and then member they weren't built all of these separate units to house the rental cars and Alia the date they separate all of a whole different disaster. Like Logan one. And no nobody uses different else here's the rental car usage is down like 4550%. And airports. That's just killed in Australia with the stocks notes it's it's been and they've been decimated and they and they spent a fortune on these facilities they didn't anticipate the change. No here's a B you know east before you build those things I'd like to Logan what is relatively new it's less than ten years old. Even as soon to be fair that the reason why. These businesses have gotten priced out. It's because overlooked or operating losses in an opening the drivers like we've run the numbers drivers after you net out you know what they pay depreciation and gas and stuff like that. They're making like 678 bucks an hour but those are. Industries that are I would call self regulating. Right disease you how many times have you talked to some in my nephew used to drive for Hoover. He told me sonoco buried it was a report stuff. But that doesn't change the fact that. These businesses are losing boatloads of money nobody does change the fact that the about the drivers being underpaid because if they don't pay the driver more than not and why do you always what you think you always see them doing all this recruiting how many ads do you hear LC. Hey come right come drive for Hoover I don't know I think blisters watching football they're everywhere it's I think it's because they don't have good retention is once you do it for six months unless you so what is your record high volume. You know it's it's just not something that makes you a lot of money that the way that you can make money do and it. Is if you hit all those bonuses where you get an extra 500 a week if you do eighty trips are some yeah like that it if you're just doing an hour here and there. Pay off. To do those bonuses on top to a felon in New Haven. He say again to work over seventy hours a week he he said it take to get that bonus. In unity said over seventy set sometimes that because he logs hours yeah he said he had weeks where he worked. ED 85 hours and just barely get the bonus because he was live and he that was his or needed it yeah that was his job. It's a lot of time a car. 85 hours a week while no days off he cities at that site on any news there are certain peak times like he said. On a Saturday night where can make a lot of money. Would be between like ten. And and 3 AM and crap ship that work why I think if if if they don't get to drive it was technology at some point those companies are gonna problems you know. Eventually ran a new drivers in the only one that's got the technology's school. Mean nobody else has no vision polls now I think there's there's the closest ones here. People don't want to work. At target and Macy's this and that that's a problem if your if your run in Macy's. You you can't find the workers that you're gonna need for the holidays too which I come back with a line that you always say which is yeah our aim more at a yes or course at at the prices you're trying to pay yeah you're not gonna be able to get the employees that you want but that's the problem. Right Macy's CEOs gonna say. Well we had a good revenue quarter Blatter wage expenses. Into which I say look what is a 100% each pressure that's 22 which I say OK so if you don't get the workers you don't make the sale and all I know is that a 100% of zero is still zero so. If you're not making the sale or not giving good service known to gonna buy your stock how long. He is at amassing an impossible question that they're gonna have to pay more wages are gonna go right. How long does that take is it safe way to start grown 5% dip. I think ultimately it's a good thing because that permeates through the rest of the economy if if a worker has 5% mourners paycheck every year. Then they're gonna spend the unit like restaurants yep but how long does that take because right now that money's all been going to the top. Right it's all up and go into the guys that on the stock nobody owns any stock great it's like 510% of the population known all the stock dipped in the country. All the sudden the bottom 50% starts making more money alternately that's a good thing but it's painful in the short. It is it's it's something where again and in the short term you say gee you know our company had wage pressures we had you know additional expense in the business. To which I say. Yep you're gonna make that up on the back end it might be a period of 69 months that word in the market says gee you know viral these companies missing on earnings what's you know what's going on here. Why's this happening. You know that that's what ends up happening in those situations there but. Beat these companies are going to have to pay more just because people are sitting there and they're saying look I'm knock on the door I'm not comedy and for fourteen bucks an hour and you know all this noise about you know the fight for fifteen in this and that the fifth fifteen to red Herring at this point. Through it if it doesn't like you brought that it doesn't matter. When you see when you drive past mcdonalds stores. In they have signs out front thousand dollars signing bonuses starting wages thirteen an hour. That's that's what's ironic is president trump may have had more of a positive impact on the Lieberman. On the bottom 50% right of the American population. But he didn't than any president prior it's easy is it simply is a case where you know. Fifteen dollars is that the going rate anymore for a lot of these entry level jobs you've got to pay more do you have to. Folks Armstrong advisory group has been helping families like yours with their investment strategy for the last thirty years and whether you're working with our team or another advisor. What are giving some free advice finding the right advisor is not easy. So we put together a guide to help you through this process it's called the top ten questions you should ask your financial advisor. Is your advisor fiduciary does he sell financial products what other fees we're advisor charge you. Of these among other questions are critical ones that you have to have answers to before you make your decision. Call the office right now at 800. 3934001. And request a copy of this brand new guide the top ten questions you should ask your financial advisor. Educating yourself is a very important aspect of this process so don't delay get your free guide today by calling 80393. 4001. That's 80393. 4001. Or download it right now at Armstrong advisory. Dot com securities offered to securities America incorporated member finreg SIPC and advisory services are for the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. Finally asks the question truck. Don't people just use looper as a side job they're not living off I have met when I when I views lift a few times. I've I've had a couple retired guys that are due and just get a house give me your view their wives sign them distract some some people do desire job some people do it full time either way I'd made the case why would you do anything for seven dollars an hour in this economy pretty easy way to make some bucks an hour yeah which is easier ways that you can make way more than seven bucks an hour not renew your car in the process finally asked the question chuck Tucker what happened to trivia. A strict gun accident. Reader Zune come get the logistics together. Now so stay tuned director completes two Tucker so moan don't want to lacking previously go to our website financial extinction dot com. The final insult for desperate job seekers employers doing credit checks and don't see why that's an Edsel like we we do credit check before we hire anybody yet. Borrow money manager. Can it make sense. Why it is Macy's need to do a credit to. Make sure that the person's not a dead beaten and steal the merchandise don't yet we're still out yet camera and security for that. But they. That still if on any employer I won an old that you know already hated my employee has the credit from all I don't know why. You know did you go through a divorce what happened why it if it. If they're not actually handling people's money or something like better it's not a case where they could steal it or not a case where they're open to blackmail like a government job or something like that in 881. Now preside look at credit worthiness is being an issue related to integrity. So that you know pay your bills are you to show to work so what about all the people in the financial crisis that an up in all kinds of problems some because I'm doing that's fine just tell me explain it to me. But I as an employer. I wanna know if if you're in in trouble financially. I would want to know. Why I expected just it all I care about is let's say I'm running does good work because it's simmering trucking company yup I'm hired truck driving you're saying we'll bury you know he. It was differences make if the truck driver has bankrupt. Here's the difference it would make to me. I wanna know it if you don't pay your bills on time again to show up to work on time in view of a deadline to be in Los Angeles with that shipment on time and you don't pay your bills on time Reid sharp and lots like prison like could you figure at those things Michael references and all the other things that we've always done. Because credit. The that's the that's unbiased and you don't pay your bills on time. Period. Kurt has nothing to do with showing up on time yeah how'd you know that how do you know they don't show up on time they just have really bad spending habits. Like what if they show up in just they they work hard but all they do was spend all of their money and more. So my old school because of the way I think we'll there was a guy just I think give credit I I think credit is is. I'm sorry if someone has a spending problem what does that have to do with their performance of work. I know plenty of people who spend way too much money in but they should the great worker today taken captive they didn't think if anything does that make them better workers will look I'm just telling you is that I'm an employer credit that whatever number of employees. I look at credit as you know it's a factor that I consider when him and and if we run into that we've had this before. Wherever I've wanted to hire somebody in the terrible credit and asked them to explain it to me and we still hired. I just wanted to know. I just I I don't think it should be some in the company's look at. Can be great poll it would be good loan Tucker tomorrow that Hillary and I think most people be on your side on this one but I still think it's good question. Coming up will be joined by any hole you think about buying a technique. She's going to be talking to talk about it. Be a part of the financial exchanged in an instant. By texting us and 63566. Started to extra keyword Barry and become a member of our brand new text club tell us what you think 24/7. Break here on the financial exchange radio network. Understanding Medicaid eligibility is critically important to those of you may be retired or nearing retirement age changes to Medicaid occur almost every year and if you're not up to speed on the latest information you're asked this could be at risk if you were your spouse need nursing home care -- let's keep host of the legal exchange radio show and a partner with the law firm of Cushing and Dolan can help autism expert and elder luck and he has a brand new guide of this month we will educate and inform you about Medicaid eligibility this guide among other things discusses various strategies that are available to save your primary home any rental property and even a vacation home if you have one once the nursing home come stalling. The debate over healthcare remains in the news and Medicaid is a huge part of that discussion so take the time right now to call 8668485699. And get your copy of dogs free guide the 2018 eligibility update that's 8668485699. You can also download by logging onto our website at legal exchange showed dot com 8668485699. Or downloaded right now have legal exchange showed Don John. Hi this is very Armstrong I founded the Armstrong advisory group in 2004 and my number one goal has always been to preserve and protect the assets of my clients so I'm here to give you some free advice finding the right financial advisor is not easy and what do you choose to work with me or not I want to be educated on how to pick the right person for you and your family I've -- a brand new guide called the top ten questions you should ask your financial advisor how often can you meet with them and what other fees will they charge you these among others are critical questions that you should have answers to before you decide -- to work call my office right now at 803934001. And request a copy of this brand new guide the top ten questions you should ask your financial advisor your worst today by calling 803934001. Or download it right now on our website -- strong advisory dot com. 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 the securities America companies are unaffiliated. Are you having problems the blocks incur a drain. What leaky Foster a shower. These types of minor problems can become big headaches if they're not dealt with quickly and efficiently and believe me. I've that all kinds of trouble trying to get people who can come in and do capable. Qualified work. I talked easy coming in their professional punctual and thorough and all the work that they do so if you need a reliable Palmer 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. Eat six to 1190s that 781. 862. 1190. Or he 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. Hi this is Barry Armstrong and if you're a landlord or property manager I'm sure you've heard me talk about Z rent leader banks tremendous on line rent collection program I'm excited to tell you now about their brand new product called Z deposit this is another free program which 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 help disclosure forms and even send out annual interest payments directly to tennis this call the Z deposit team to get started at 7816418691. That's 7816418691. Or visit them online. C deposit dot net member FDIC leader bank step ahead. Security suffered two securities America ain't members finreg SIPC and advisory services arbiters securities America advisors think Gary Armstrong representatives Armstrong advisory group in the securities America companies are unaffiliated. Business news is constantly breaking. And we're here don't break it down and show what it means to your portfolio it's the financial exchange with Barry Armstrong and jugs not a on the financial exchange radio network. This segment of the financial exchange brought to you finally your bank if you're looking to diversify your portfolio. Precious metals very Smart investment in gold and silver bullion coins. Are now available at all leader bank locations call 877. 6917900. Or log on the leader bank dot com for more information member FDIC. Every all from CNET roadshow joins us now to talk about the 2019. Cadillac XT four Emmy thanks for joining us. Got a problem and I am so where's the XT four fall in their lineup what vehicles is this supposed to compete against. Well I'm actually a very important. Vehicle for Cadillac because they haven't a compact. Rock and earth like every other manufacturer has been barking grunting or discredit it. Crocker art market is that what we're buying. However has only the partner at five and and the full side as he how to like out there he work. But in the low tech and very very important and they haven't had anything that really need it. Baby. The you read or you although I eat or eating better and that needs here that that people really more so how accurately the party here. So there late but how is the offering and the stacking up when you look at this house deal with the competition. Yeah it's it's really good it's hard by eight liter Turbo charged in an at bat without. 38 what are 208. Pound market think it is. With a automatic and everything's done other work. Oh well it currently in perceptible that. The work omni on the act before comes in really low like this 100 rpm. That great in track and city traffic with you in an out between cars. And editor and work really well. Out on the on the road. It started buying not quite as fun about it from the offering in the class. Most of them that they really care about that I mean I've corner where I really like out there and was stolen vehicle most people don't like that you got. Editing those people are going to be satisfied with the way they drive. What's so what's inside once you get inside of it so you know obviously cataracts a luxury bought luxury brand. Where does this stack up as far as bells and whistles and overall feel when you get inside. Like a lot of technology. You know allowed back. You for a while there were using that we are like haptic feedback where. You can really have icon. Of the green would try to cut it would let you know written in part by. And by breeding the green and it was a terrible awful awful bad and that is gone they. And it that'll and uses them on an eight inch widescreen apple cart plain and auto entered. It got near you mean he impairing or here on at least it's not an answer it though. It set it up on it you know have to hold hearings and in touch or bow and audit specific place on the bad and it cared about the right away and it. Oh does it go oh yeah I thought what what. Any what's the we're where's the range in terms of price on this vehicle. In her ad. Admit they're mid there there are thousand dollars but that one eyed as there had. 8000 dollars and practices and or thousand dollars. Other options. Not to eat 6000 dollars oh I didn't really careful 'cause those all of them at an opt out of. Absolutely ME thanks for joining us and we'll catch up with you next week. It any help from CNET route suit talking about the 2019. Cadillac XT for so long week three years I'll buy a used one that has 40000 miles on it and all the 25. When you deal that the it's a good looking car I was like oh do they even do you know the DJ IE 56000. Dollars per car. Just shoot me in the they don't wanna do that but there's a statistic that means I've gone to pull in my head now him. Bull it's all over the aggressive. With the oil we got to take I'm I'm paranoid chart doesn't care or higher oil prices are gonna attack. For those of us who some are you old. 8123. Brands she. Those of us who heat with whom he did well we're we're we're squawk and I squawk all you want swat I bought gas for my car yesterday prime won't buy any more gas to Easter. That's right he's slightly funnier people only drive electric car out of the two Easter. Hey the market is down today Dow's down a 173 points NASDAQ off thirteen point DSPs down eleven. I told you crude two over 72 bucks a barrel I do not like that. See you tomorrow.