
Mike Barnicle Podcast on 96.9 FMTALK
07/12/09: Financial News of the Week
- Susan delivers her 'Financial News of the Week." 07/12/09
“…don't know -- Which out of there and several articles about claiming Social Security benefits. . Again and essentially you can start when you're 62 -- 63. You only do that if you're earning thirteen thousand dollars a year or less. If you're earning more than that you'll lose some of your Social Security benefits. . If you go out to -- 65 or 66 whichever is sheer magic age you can then learn a billion dollars. And it's still. Not lose any of your Social Security. . And so that's really the issue. Actually narrowly. All the choices are of the same just like when you have a pension. The actuarial tables each alternative is exactly equal it's only a -- knows something they don't know. Like Q have a terminal disease. Like Q have genes were everywhere in your family missed the 110. All of that. But it's important that you don't diminish your Social Security. . A benefits. US trade deficit eased in May to its lowest level in the decade. Exports jumped one point 6%. While the …”
“…I thought you investment advisors scamming seniors. And secretary of the commonwealth William Galvin charged Robert Blake is still in three affiliated firms. With tricking 26 investors into buying three and a half million dollars of …”
7/4/09 - Guest Susan Carroll a real estate broker
The Money Show - Rick and Susan talk about real estate, 7/4/09.
“…I guess desires to Carroll who's a real estate broker with. The real estate firm of metro realty in Brookline. . Soo -- That's changed gears again explain the difference between a seller broker in a buyer's broker. …”
“…which the seller's agent is aware it must dialogue be disclosed to prospective buyers. . …”
Rick talks to a caller about whether he qualifies for the Cash for Clunkers. 6/27/09
“…any consumers who -- benefit from. If you have an older vehicle that qualifies and you're gonna go out and buy a new vehicle anyhow within the next. Say six to twelve months then taking advantages might be good idea fifteen get a very good deal on a brand new vehicle but that's the point which -- which you brought up at the beginning if if you if from your financial standpoint your best bet is to trade in the current vehicle for a 345. Year old vehicle. . Then you're not going to qualify for this program and I would don't try and that you saw Jerry Brown -- through a square hole just to qualify for the program because in the long run especially with that a vehicle. . That's I think eat your vehicle is probably the largest type vehicle that qualified for this program I don't think it's going to be to your financial benefit. …”
“…that's the problem with that you have to buy a brand new vehicle and as you know as you know -- now some people don't agree with me on this but I don't think in most cases buying a new vehicle is the smart -- when last you by last year's model now. I don't know specifically the from what I've from what I can glean from what I've read on this and legislation if you. For example you bought a 2008 vehicle that had never that it was still sitting on on the lot. Or even if you bought a 2009. Demo they had …”
Rick talks to a caller who is dealing with a credit collection agency. 6/20/09
“…Okay then. My guess is and I would talk to bankruptcy attorney about the it's not he's going to go into bankruptcy but bankruptcy attorney -- we know this the the statute of limitation may have run on this. In which case they have to stop bothering you in did it it'll come off …”
“…mean that the -- the total that I got from the collection agency I am now by 1800. …”
6/14/09: Financial News of the Week
6/14/09: Susan and Rick give you the financial news of the week.
“…And the real estate market although talking a lot about interest rates going going up the real estate market is starting to come back slowly but certainly come back. -- …”
“…or -- local newspapers printed in your area periodically lists all the property taxes on the house's. You're no longer interested in that because your neighbors haven't done it anymore then you have. What you aren't …”
06/07/09: Financial News of the Week
- Rick and Susan give you their financial news of the week and also take your calls. 06/07/09
“…also posited by stuff to -- a reduced price on and -- Dubai are yet you buy out. Are or swap if theory can do it either right. But in but it's basically a way of buying stuff cheaper and getting rid of stuff you're not gonna use and especially for kids because that cancer an outgrowth of things in in his three weeks so. I know that one time we lived in Belmont and my son was a hockey player. And the escape Stiller yeah did that recycled right gave it to other fees because …”
“…he takes that I attic now don't get the vote at Redmond and that is exactly and I think if if assuming the couple can afford that. Then they both should do because it …”
Rick talks about the unemployment rates during the recession. 6/6/09
“…company going to hire people back the bottom line is look at. Unemployment as a car that is going uphill and continues to go uphill and and you shut the car off but you don't. Touch the brakes on the car the momentum going to continue to take the car -- the -- what's happening with unemployment the all because of these factors were still seeing unemployment rates -- And there now nationwide 99 point 4% but ultimately. If that law is everything else remains the same which I think you'll see the car even though the -- cars continue to go up the -- Hour and unemployment in this case continues to Google mail because of momentum. Ultimately. Physics will kick in and the car all set to roll back as -- unemployment rates. . Companies that had a lot of business because the -- just got hit hard by the realities of the recession war because …”
“…My. As for the unemployment. . Explanations it's really a very simple explanation. -- recent news we saw this week that. The administration. And lot of politicians saying that unemployment getting better even though the unemployment rates went up. And it makes sense that they they tried to explain it did do very good job of it so let me try to explain it again basic at economies don't know nothing. Nothing in the world. With a very few exceptions stops and -- things take awhile to to to work themselves out and one of the things that happens when you -- in in a recession as you have. Unemployment and employers cut back for all kinds of reasons -- business and they also cut back because there trying to. Up their …”
05/31/09: Financial News of the Week
- Rick and Susan give you their financial news of the week. 05/31/09
“…a big change that happened in the week is that the it interest rates start to cool. -- gap between the fields and a two year treasury and ten year note. Bomb in that part of the yield curve widened to two point 75 percentage points now Palo -- talking then interest rates coming. Months years so let's try talking about surprise surprise surprise interest rates went up. One of the things that. I'm very concerned about it is that Morningstar. Because my feeling is anyone can be bought the new morning -- pages and each of the mutual funds on the top of the page to it used to say. Load if you're paying alone now. What does that say. But …”
“…this reminds me of when Nancy Reagan. Blood new China for the White House run everywhere and flipped out it's the -- it's the most power and country in the world does it have good China …”
5/30/09: Rick Goes to the Phones
Rick talks to some callers about refinance and paying off a car. 5/30/09
“…So you didn't refund is some new applied to refile. . -- so you didn't refinanced the whole. And don't they haven't closed yet and in the interim you lost your job. Okay …”
“…coffee Verizon Wireless phone user that she's let's go to Mike in Peabody year 969 WTKK -- might. …”
05/24/09: Financial News of the Week
- Rick and Susan present their financial news of the week. 5/24/09
“…thank you to all of the Boston policeman specially detergent and police officers who helped you look at the stage and it's. And but there actually there under the rules and make them was goal …”
“…out what the races for now that's drive a lot I'm in Brookline and a lot of -- certain way. Move the Cass boulevard but sometimes they get there and it's closed up after ghost …”