
Mike Barnicle Podcast on 96.9 FMTALK
Rick tells a caller where to start when it comes to finances and money. 1/24/09
“…then start saving towards. An emergency phone which really and you lived paycheck to paycheck and you really ought to have have an emergency phone. Preferably five months but he -- three months worth spending. That's what I would do those two things. And then hopefully yours your income goes goes up hopefully over the next number years you can start saving for and looking for home. But at this point you really need to get life insurance and you really need to get. Start saving for an emergency -- …”
“…Saturday's one before Sunday's -- the moon. Let's go to Acton and talk to bail a year 969 W. …”
01/18/09: Consolidating Student Loans
- The Money Show gives you advice on how to consolidate student loans. 1/18/09
“…it graduated from -- intact in September. -- alarm about 1000 student loan. . To get a reduced -- there it department armed. Consolidate about it I would yet to look. …”
“…You can only consolidate one time. And so I would consolidate. . I would definitely consolidate billing rate I can write and I. …”
Rick talks to a caller about the credit freeze. 1/17/09
“…one by. Last year's model but it's still on the lot that's new car and purchase it. If you have to finance -- its refinancing is not cheaper people think it's cheaper because you monthly payments to lower but in the long and it's always better I'm talking over a lifetime of ten's sometimes hundreds of thousands of …”
“…going to give virtually everybody access to four point 5%. 630 year fixed rate mortgages. . And was gonna happen within a day to it was a room which was totally untrue. I don't add in has been …”
01/11/09: Financial News of the Week
- The Money Show shares their Financial News of the Week! 1/11/09
“…services in Melville New York. . There's no business by that name was to denounce bill or registered to any business -- New York for that matter to theories of what it's going have advanced. One is that someone is trying to find out whether you …”
“…who wouldn't have went account secrets with the council that they don't pay taxes from the government won't. Now. Will UBS. With bank -- Hold biggest told sub prime mortgage debt in the world -- has …”
Rick answers a callers qestion on Capital Gains Tax when buying a house. 1/10/09
“…Eric I don't he's. Just they I have a question on. Capital gains. . Well my grandma passed away -- awhile back in my child's guardian. Not that thank you my product inherited her house yeah …”
“…loss on it except that. When it's between family members sometimes the Internal Revenue Service is service looks at it. And in computes that basically is saying he's giving UA EA family discount so he may or …”
Rick talks about Mortgage Rates. 1/3/09
“…wise and comet which your income which is which always affects the interest rates and you're gonna get. Unfortunately this refinancing. Boom in the last couple weeks has it -- block and the recent -- why is supply and demand supply and demand but of of day so that people wouldn't have expected what's happened in the real estate. . Industry in general and the mortgage industry anything at any industry which is touched by the real estate industry that's a cup as a very wide swath certainly a mortgage industries is. It's not -- Tied the hip if you will or or are. Connected it they. To the real estate industry and because. Properties have been so slow moving in interest rates are going up. So they want -- a lot of -- finances and when we're analog properties being sold. Relative to go …”
“…anywhere near enough want to places is. It hasn't has affected real estate in general. Not as much as -- and the mortgage industry. In particular. The act these actions the pumping of money -- point all the particulars of why but the pumping money into the economy cause interest rates finally to go down they were up as high as six point 5% they were averaging around 6%. When the treasury recently …”
Rick Schaffer with guest, John Lawlor, auto expert. 12/20/08.
“…tab that you want to by the people aren't gonna buy Ford Chrysler and General Motors because that would boost the worry is the Ford Chrysler and GM -- going to be of service attack. …”
“…because he's the congress didn't want it but bush is basically giving GM and Chrysler. . I think thirteen four point four million dollars for a number Munson and four million dollars for 23 billion. For governments and …”
12/14/08: Financial News of the Week
- Rick and Susan give you their financial news of the week. 12/14/08
“…think of your whole financial picture because I offend in making my capital gains. . Mom calls to my clients. Then now I'm not too I think it's 22 people. Who have sold something real estate something else have incurred to gain this year and by taking losses to offset the gain we'll have a very major impact …”
“…did somebody tell I didn't animal -- the he should talk to John Edwards is sailor in -- split it apart 500 -- get a much better haircut -- the -- five dollars he could've gotten …”
12/13/08: Life Insurance and Market Timing
Rick answers a callers questions on life and marketing timing. 12/13/08
“…up water -- I I look at earnings at stake can. The stock market S&P 500 when I looked so I'm not I'm looking at the broad market. . And yet and 500. -- role its earnings and when I ask myself. Can it grow its earnings in all -- I …”
“…you should have. If you get 35 are you really and 25 year level term and -- Jan 25 year levels term. For you I'd say at least half and I prefer to -- You get …”
12/07/08: Paying Cash for a House
- The Money Show discusses paying cash for a house. 12/07/08
“…you find one you gonna. Tell them and I I I I'll pay cash I have a real estate attorney real estate attorney will do the title search we can close will pay cash we can close within. Fourteen to 21 days no sweat and you should be able to get a really good discount on …”
“…she sells Thursday that cheats are neither one of you'll have that paying taxes. . So how much money would you guys have for down payment. …”