hi, everyone. welcome to "on the money". i'm becky quick. a little pill that can make a huge difference in fighting the opioid crisis. how high tech is bringing new hope why you might be surprised next time you open your 401(k) statement. stocks are soaring and it seems there is a new record every day but can it last? it's the giving season how to pick the right charity for your donation to get where you want it to go. and the other side of james patterson. his advice for children may not be a thriller. >> a nation of please and thank you kids would be useful now. >> "on the money" starts now

>> announcer: this is "on the money", your money, your life, your future. now, becky quick >> we begin with the opioid crisis in addition to the personal price millions of americans have paid the epidemic had an economic impact with an estimated cost of $500 billion in 2015. here's more on the cover story today. >> one new tool doctors hope to use in the opioid crisis, digital pills which may provide a clearer picture of prescription opioid use. they contain an ingestible wireless sensor to notify doctors it has been taken. doctors in boston ran a small study using the technology and enrolled patients who had broken a bone prescribing seven days of

ox codone. they found on average patients took only six. >> we were able to identify patients don't need as many opioids as doctors think. >> that's important. data shows an initial prescription of opioid the more likely they will use it a year or more later. the digital pill technology used in the study made by a company called e tech rx but the first digital pill using a similar technology called proteus was for abilify. the goal there, to help make sure medicines are taken as prescribed. >> for all chronic medicines, nonadherence is an issue for patients with serious mental illness, nonadherence is just as much of an issue but unfortunately for them not taking mare medicines can lead quickly to a dramatic health care impact. >> a question question on

privacy. otsuka insists patients make decisions with their doctors about whether to use the technology >> it is intended to help people not be big brother watching you all the time. >> reporter: gaining insight into how the powerful medicines are used could be important in curbing abuse. >> digital pills might be one front in the fight against opioid epidemics another is treating the addiction as a disease gary mendell is chairman and ceo of shatterproof, a nonprofit launched in 2013 to promote advocacy, research and end the shame and stigma of addiction. thank you very much for being here. >> thank you for having me. >> i want to talk about shatterproof, but first why is it that you came to develop it what happened to bring you to this >> my older son brian struggled with addiction from 16 or 17 for

eight years. during that time period he went to eight different treatment programs, tried really hard, fought hard, but ultimately passed away. getting the phone call in the middle of the night that your son has died is just -- you can't -- there is nothing worse. but for me there was actually something worse in the sense that it was so preventable even worse than that, he was addicted to opioids but didn't die of an overdose he took his own life. >> you took him to eight different treatment programs why do you think this can be avoidable and there should be a solution what did you learn in the process? >> i saw when brian was at halfway houses after treatment he'd always relapse. i saw unprofessionalism in the industry i said, all right, if i can buy a house in connecticut and help 10, 20 kids a year running a good halfway house, what a nice

thing to do. with my background in business you start investigating building one house in connecticut and think, why not a chain of sober homes, then why not treatment programs, better prevention and you start peeling back the onion? you start looking at the industry i just could not believe what i found that i didn't know when brian was alive. >> what did you find >> when you are going through it you are focused on your child. now i find out this is 25 million people addicted to drugs or alcohol which is one in ten above the age of 12. third largest cause of death behind heart and cancer and no one is talking about it. it was big i learned eight of ten of those addicted today became addicted before their 18th birthday to drugs or alcohol it is about teens primarily. not completely most importantly, i learned -- this destroyed me. i learned that there's $20

billion worth of research done over the last 20 years that had created a body of knowledge that could prevent many teens from ever becoming addicted and many of those who are addicted, better outcomes and treatment. all of this information was in peer reviewed medical journals, properly documented, but not out in use because 95% of the treatment programs in the country aren't following evidence-basedpractices. even worse, we don't know which are and which aren't so as a former ceo running businesses this doesn't seem that complicated if there are 50 evidence-based protocols in the treatment world and we are not even talking prevention, just treatment and no one has any idea who's doing which ones not that complicated narrow down the list to the ones that are most important. same thing you do in business. find a way to measure them put out a score card the way you would do in business to hold people accountable and create

transparency and consumers would know where to send their son or daughter and payers which are insurance companies, state and federal budgets would know who to have in network, who to pay and who not to pay and who to pay more. >> this is more than just the better business bureau of this you are looking -- >> a consumer guide to treatment. >> you are also trying to make sure you are following the payments to the best practices. >> absolutely. >> that's a huge important part of it. >> yeah. and not that complicated. >> right. >> we have taken the first step. we have identified out of the surgeon general report which saved us two years because there was documented the research of what works we pull out eight evidence-based practices that should be core to any treatment program in the united states. >> which are what? >> if you are addicted to opioids, three medications should be offered to you which in 75% of the treatment programs in the country aren't offered

today. not that it's bad people we didn't have them before and the industry has been slow to change my son was not even offered that medication the first seven in the eighth he was then he went to an outpatient program and they weaned him off it i have e-mails of him complaining about it and i didn't know. i have story after story of parents whose son went to a program addicted to opioids, not put on medication which is the gold standard today, leaving, overdosing and dying it is so preventable >> where does shatterproof stand now? you have launched, taken the first step. >> right it's broader than described. american cancer, american heart, susan komen, autism speaks nothing for addiction. so many people joined with me around the country there are 150,000 people around the country with tears in their eyes like you right now saying we want to help.

we want to be part of this it's just growing. this is only one piece of it we champion legislation in 14 different states getting laws passed we are the leaders getting laws passed around the country. requiring doctors to follow certain precautions before prescribing an opioid so less people are addicted. requiring doctors to take a course in opioids before they prescribe it. >> it's crazy they haven't. >> unbelievable. >> the organization is called shatterproof check it out on the web. thank you very much for being here today we'll be right back.

now here's a look at what's making news as we head into a new week on the money. stocks are soaring dow climbed more than 300 points on monday closing above 24,000 for the first time ever and having its best day since march. that just six weeks after the

dow closed above its mark for the third time the s&p had its best day since march and set a new record that move was mostly powered by the belief that the republican tax bill will pass the senate. stocks took a breather the second reading of the gdp showed an increase of 3.3% on an annual basis, the strongest quarterly growth in three years. business investment and government spending were up. gillette is cutting something and they hope it's not your face their own prices the company launching a new line-up of lower priced blades to compete against on line competitors. we'll see if the profits will be -- get this -- razor thin every month milestones are reached and surpassed. what will the rally mean for retirement savings when you open 401(k) statements this year? james paulson is a chief investment strategist. stocks surged because of the tax

plan looking like it could get passed >> right. >> what do you think of this and what happens if it doesn't >> well, there is some risk now if it doesn't pass it looks like it will. i think you want to be prepared for a little more difficult 2018 certainly than we have had this year and maybe be a little more conservative in how you invest. >> does that mean if i haven't put money into the stock market already it's a little too late to do it >> i wouldn't say that if you haven't got money in the stock market i would definitely get some in there. i'd do it over the course of the next 12 months, you know, a little bit every month rather than deciding what day to put it all in >> if you haven't been paying attention to your 401(k) account you may get the letter at the end of the year. if you see a big number, then what do you tell people? smile first and then what i would look at is maybe make sure you reallocate funds some of your best holdings would

have gone up and the stuff that lagged would have fallen rebalance the portfolio for 2018. >> meaning -- a balance of stocks and bonds >> yeah. between stocks and bonds rebalance that mix i would also consider some sector exposure i had. i may want to move more defensive like i particularly maybe would take a little out of aggressive technology that's done really well and move to energy and maybe financials for 2018 >> every time people are sitting at home and they see new records they think, oh, boy, what does this mean? are we due for a pullback? is this a bubble that will keep blowing up how do you calm people down particularly looking at long-term savings for the 401(k) >> we are due for a correction we may have in 2018. i don't see the end of the recovery or the bear market. if it takes a correction, smile

again and go look at what to buy on the cheap at that point or allocate more funds to. >> thank you, jim. great to see you. >> you, too. thanks so much. >> jim paulsen up next, we are "on the money. the holidays are a time to give back you don't have to make a lot of money to make a big impact unique ideas on how to give while on a budget. later, please and thank you. why author james patterson thinks a lesson in simple manners is needed for kids today. jimmy's gotten used to his whole room smelling like sweaty odors.

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i usually give to larger charities. >> local. >> the church, the food banks. >> usually big charities. >> the bigger ones with a decent reputation. >> local ones and ones that aren't spending their money on administration. >> usually very personal if it's made an impact on our lives or the people we know. >> from where to give to how much there is a lot to think about. if you plan to donate this holiday season it's important to do your homework here with tips on how to make your dollars count is sharon epperson great to see you. >> good to be ere. >> how do you make sure you are not falling for a scam, that you are giving to a good organization with a credible background. >> vet the charities and go to a couple of sources on line. guidestarratesnonprofits as well as charity navigator to see where the money goes within the organization and what they

think. google, of course, also to find out any news stories about the organizations, scandals, awards and honors then go to the website and see what the leadership team looks like they are the ones that are going to make sure your dollars serve the purpose they are supposed to. >> folks say i like to give nationally or to local charities. what's the best way? >> there is no best way. it's a personal decision a lot of people do what those folks said they give most of the money to religious organizations, local institutions that's about a third of where charitable donations go. some go to education some go to human services organizations. you should know your dollar goes further in developing countries. it goes further, further away from home because of the cost of living and the things that are required say you wanted to give to a malaria organization in africa you might be able to serve eight people with malaria nets for ten years or two years at least with

just $20 >> that's amazing. >> here, locally, i gave $20 to buy a coat for a kid one kid, maybe one winter depending on how fast they grow. it varies. >> what's the best way to give if you are on a limited budget some people are thinking, i don't have a lot but i want to give. >> think about other ways to give it doesn'tjust have to be with money. maybe instead of exchanging gifts you volunteer together for a certain charity. that could be a way to really share the holiday spirit cleaning out your closet those of us who hate to do it but know we need to, make it count and donate items to a charitable organization. when when you are shopping on line for holiday gifts you can sometimes make donations right there. $2 here, $5 there. small donations can make a big difference. >> it shouldn't be the only thing motivating giving but there is a tax incentive >> your charitable contributions are often tax deductible

make sure you keep track if you want to do that. the irs wants written documentati documentation, especially over $250 make sure the charity is a 501-c-3 so it qualifies for you to get the tax deduction. >> sharon, thank you so much great to see you. up next, a look at the news for the week ahead and the best-selling author james patterson on an important mission to encourage more children to love reading >> there are millions of kids in this country who have never read a book they like looking for balance in your digestive system?

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here are the stories coming up that may impact your money this week. monday we'll see how strong the industrial sector is when a report on factory orders for october is released. if you have a sweet tooth monday is national cookie day be on the look out for chocolate chip deals yum! tuesday an indicator of the service center with the ism nonmanufacturing index on thursday a report on consumer credit for october then on friday, we'll see how many jobs were created or lost for the month of november. popular and prolific, best selling author james patterson is both. his novels, thrill rs and childrens books sold more than $350 million copies worldwide. many have become movies and

television series. he released the 25th book in the alex cross detective series. when we sat down i told him i couldn't believe it's been 25 years since the first alex cross book. >> you can't believe it? >> i have been reading him since the beginning. yes, 25 years and your latest go at this is now called the people versus alex cross. >> yes poor alex is on trial for murder that's a story >> it is a story his character has been so enduring did you expect that when you invented him >> no. i thought it would be one book when it was sold to little brown they said we want a two-book so i went from along came a spider, kiss the girls and then i was hooked on alex. >> what does that mean >> i wanted to write more stories. >> you wanted to know what he did next. >> i still do. >> what makes you think some of the books are better for movies? >> visual and different from

everything out there right now in television, you know, detectives, crime stuff is still pretty hot in the movies, not as much so a lot of those you go, i don't know that this would be -- that it's rich enough to be a movie. >> you are an amazing author you are writing so many things and so many things from different veins. you have another -- a sequel out called"give thank you a try". >> picture book for kids this is about to get kids to say please and thank you a nation of please and thank you kids would be useful now that would be good if we had adults who were please and thank you people it's the way i was brought up. it think it is good if kids recognize when they get something there is somebody on the other side of the equation and they can say "thanks." the first one i did with bill h o'reil

o'reilly. >> which in hindsight looks like a strange person to do this with >> he likes children he has children. there are speed bumps in life obviously. he appears to have hit a big speed bump when it came time to do the second book originally we thought of doing it together he called up and said, i don't know that it would be a good idea for me to be on there which was nice of him to do. so we didn't do that book -- this book together but it's a cool book, think. >> you have done a lot of books for kids you have an entire separate line. >> i did one with my wife recently big words for little geniuses. she's the big author in the house now. >> you are both in digital and print. what do you think about the state of the book industry overall? >> it's not bad now. independents are coming back a little bit which is great. books don't get enough

publicity. movies get all the publicity in the world. you can do "son of chucky 5" and it's reviewed in every newspaper. what why are we reviewing that? there is a p.r. problem, i think. >> james, thank you very much for your time today. >> alex cross, man. >> congratulations on the new projects. >> he's back >> how long do you think you'll keep going >> another 50 or so. >> 50 or so years. thanks to james patterson. that's the show for today. i'm becky quick. thank you very much for joining us. next week, new gadgets to give or to get each week keep it here we're "on the money. have a great one and see you next weekend

welcome back you are watching options action. special coverage of the wild day on wall street and in washington it was a roller coaster day for stocks and your money. stocks getting slammed around 11:00 a.m. following an abc news report that president trump instructed former national security adviser michael flynn to contact russian officials over their involvement with isis in syria the dow down 350 points at the lows the vix spiking to a three month high then a major reversal occurred on reports that senate republicans did,