The Money Show

“…they haven't put anything into the college education. -- Oakland that they benefit if they picked it and the College Station and nice so that this -- role. If you worker in the summertime and honor all that well and and help but …”

“…I'm gonna sell it. But Hologic -- the kids. …”

“…type or almost exactly same type of investment. Product available without the drawbacks of annuities so. With -- the one exception I made which is the benefit. To the people sell them things. I don't think they're any benefits to annuities and yes there you are you gonna get people coming out of the woodwork trying to sell you a new -- And they'll come up with -- new names -- they have new types of -- all the times. All the time. Because they wanna sell because when they sound they make a lot of money but the fact of the matter is. All annuities have the same major drawbacks. . That virtually. They don't all have all of the say that the same drawbacks but they all -- have virtually all the same drawbacks and which make them a lousy product for people to be to be investing. Who the exception we make with annuities is to fall one. If you. If annuities part of a forward care for a three beats the site in the big good it just it lowers the the -- then it the negative it spreads and negativity around and in some cases very very. And minor. Limited cases they can be a part of Europe. Retirement. He returned planning your your health care. Many Medicare. Moon. Nursing home care. . Planning. But that's -- that's not -- that's not your question and that's not the issue here so now a new I don't like annuities I would not. And and and Susan I will retain that until they make -- a good investment. Which I don't pay …”

“…then I can I make the argument that putting money under the mattress is better than going into annuities annuities are lousy product I think they should be illegal. They're not. They're there a legal product but basically. Actually I'd I'd I'd …”

“…depends on the lender depends on the bank to depends on pins and a lot of things you you keep you can't look at it that way you have to look at it from. From your standpoint is what is what would what would make it worth your while to buy it and if the lender says yes fine gentleman says no. Then move on. The -- …”

“…pitch com and I know how to load it and had an appraisal done approximately six months ago and I just didn't. …”

“…debt as a percentage of GDP gross domestic product. Off for the United States is about 5050. For Britain. Is that the death as a percentage of their hold GDP. 70%. France 77%. Germany 80%. Italy …”

“…basically. To be the credit markets back from the abyss and the United States even with the problem Graham we're still the strongest economy in the world. …”

“…Idea that I bought it at 9 o'clock midnight -- credit CV on 9% interest rates. . …”

“…that the decade before I'd move. They came back -- mean Whitley interest rates being doubled. …”

“…you're gonna get some you know get the college to pay free kit. . Either that I've outside have a child who's seven feet tall played great basketball. -- have a child who's eight at an excellent student and get scholarships but. Other it's short of that it's gonna be hard they call these people are full of fill in the -- got …”

“…And I I -- and I -- college financial seminar a couple of -- corruption and according to this guy -- on everything wrong. And. …”

“…many variables people can correctly site. The top five variable for inflation interest rates going up the stock market going down and they can be. Well correct but the other reached -- 98 variables. They couldn't predict and so in the last ten years. OPEC nations oil prices. . Curling up people flying begin testing on an -- bad winter's fuel caught all of the Fed to us. Interest rates to critical immigrant and inflation and it didn't happen stick to many variable we simply can't now. But therefore we anticipate what's …”

“…government announced Thursday there will be no cost of living increased its Social Security line. Not because they're mean not because like the horrible but because we have inflation. And so they're not going to have …”

“…here on its -- Verizon Wireless phone -- the queen of mutual funds the Einstein investing yourself Susan Kaplan is not here today she is traveling and she's actually on on. On -- Correct pronunciation whatever she is going where she's …”

“…She eyed Susan Kaplan. . …”

“…first time -- and you qualify for the first time home buyer tax credit. . Then you want to the obvious obviously take advantage of on the other hand he don't wanna buy what you have to do and it's hard to do. Because 8000 dollars lot of money but. What you have to do is if you -- looking to buy it -- first time home buyer. When you find a home that you want to buy you have to -- yourself and down and and look yourself in the mirror and ask yourself and be honest with the answer this question. If I -- to. If if it wasn't for the 8000 dollar tax credit when I'd be so quick to buy this home and if the answer is no then don't buy. That that that's what it basically comes down to see you it really comes down to question being honest with yourself because although 8000 dollars is isn't. -- healthy chuck jumped to change if you push yourself to buy a home that you never would -- or you'll almost certainly wouldn't of bought. If but for this 8000 dollar tax credit you gonna be gonna. Read read it down the road so so. You know. Continued to to have to look for the home. And if you find something you love and trying you can push it through within a month in in some cases. But don't push yourself to buy something simply to get the tax credit. . -- …”

“…I -- I. Go I'm I'm actually glad he did sounds better soghoian. . …”

“…you have may have suit against the attorney never suit against the real estate company if there was one involved I'm not saying that he -- any guarantee that is certainly something look at. As for a year in immediate problem I would definitely be speaking with the bankruptcy attorney. And one of the things you wanna consider is whether you want to keep the Condo. . Out of bankruptcy or are not. And and it's a tougher decision given the situation you're in its recognizes that if you file for bankruptcy. And you go through the bankruptcy. And you keep the Condo auto bankruptcy -- you can't usually can't turn around the sale I'd change my mind I wanna add -- on the back …”

“…CI a on a Condo. . It's about 113 between the first and second hand and it might be worked around that but does. Weren't that insomnia home …”