polident kills 99.99% of odor causing bacteria and helps dissolve stains. that's why i recommend polident. [ male announcer ] cleaner, fresher, brighter every day. gerri: hello, everybody, i'm gerri willis. right now on "the willis report," reverse mortgages, you've seen the ads on tv. >> you ought to consider a reverse mortgage with aag. gerri: but there is important new information you need to hear about. also the hidden dankers in e-cigarettes. how they can be more dangerous than regular cigarettes. how do you do that? we're helping you find the right financial visor. we're watching out for you on the "willis report."

gerri: we begin tonight with new concerns over reverse mortgages. as the market grows and grows there is mounting criticism the way some banks handle the deals. across the country people finds out hopes they thought were theres are taken away. it happened to laura when the bank sped up bidding on her father's foreclosure. we have mark from stern cool school of business who studies the issue. laura, i will start with you. a lot of folks don't know what a reverse mortgage is. it is exactly like what it sounds. instead of you paying the bank for a house, the bank pace you. it is an arrangement more and more seniors are doing. laura, your father had a reverse mortgage. what happened when you tried to buy back the house? >> well, i was one of the lucky ones. i was there with my father when he filled out the paperwork and, right now, our issue is not buying back the house at this moment. we were promised that i would,

he was promised that i would have 12 months to be able to figure that out. as a caretaker for the last 15 years for both parents and especially for him the last several years, i've not had an opportunity to generate my own income and i could do that within the next 12 months if i were given that opportunity and that was what he understood when he signed those papers, that he was very adamant that i would have that opportunity. gerri: my understanding, according to "the new york times" story that your story was told in, is that there was a gap in time too, in which the value of the home changed. did that play into any of the factors of your ability to buy this house? >> not at this point. what's played into it is, they're not holding up their end ever the bargain. they're promises that were made to him in the beginning don't seem to be coming through at

this time and every time i've tried to mine kate with them, they refuse to talk to me, for one reason or another. i've been trying to communicate with them since the month before he died. and -- gerri: wow. >> they have given us one reason after another, after who another. they want some information. i give it to them, by fax and by certified mail. then i call in to talk to them and they won't talk to me because it hasn't been up loaded yet. they need 20 days to up load the information. gerri: sounds very, very frustrating. it sound like a frustrating situation. >> very frustrating. >> i want to bring mark in now. the issue that has evolved lately, and there have been many with reverse mortgages, is that federal rules require these lenders to give survivors an opportunity to buy the house at a fraction of the cost, not 100% of its value. now we're starting to see in some markets, in someplaces that's not happening. does that surprise you?

>> it does surprise me. >> not at you will. gerri: mark, go right ahead. that is all right, lory. >> banks don't want to own houses. borrower is allowed to pay 59% of the appraised value and appraiser is hired is by 9 bank. banks are not in the business of owning houses but in the business of lending money. i'm sorry for the situation that happened with your guest. there are federal laws, 30 days after death, for 30 days after the borrower dies the heirs are allowed to figure out what they want to do. then they're given a six-month period in which case to secure financing to decide to purchase house. allowed to purchase house at less than loan value or 59% of appraised value. banks are not in the business of trying to get these houses. >> how do you respond? tough love coming from mark. >> we're talking about two different things. i'm all for the banks getting their money back. i'm all for paying what's owed

on the house but the problem is, they promiseed us, they promised my father, i, after his death would have 12 months, if i needed it. if i needed it. not if they wanted to give it to me. if i needed it. i will swear in a court of law as recently as this february, last month, they are still promising the same thing. so they're misleading us. they fav me the false impression that i could have 12 months to be able to generate the income to pay them back the money they want, even with additional interest. gerri: mark, go ahead. >> i hope she got that promise in writing because federal law is six months. if she didn't, you know, there are bad actors in every organization. the bank she may have borrowed the money from may have a bad actor but federal law is six months. this 12 months promise given, she better have it in writing. gerri: mark, this is not the first time people have had problems with reverse mortgages.

there have been lots of complaints about them. right now we see seniors have a ton of home equity they might be just deeply desiring to put into a reverse mortgage because they want to access that cash and continue to live in the home, some $3.34 trillion. do you believe that these reverse mortgages are a good product? >> they're terrible product. you know, what happens is, you get the loan and then let's say you die 10 years down the road. you get lump sum payment, that is one option. it accrues interest for 10 years. not making any payments. at end of 10 years you will owe some enormous balloon payment your heirs probably won't be able to pay unless they have a lot of cash on their own. it is not a good product. interest compound. one of the things that amazed einstein. and also up front fees on these things are not cheap. gerri: tens of thousands of dollars they can add up to, that is absolutely right. bring lora back in here for a second. what do you think? mark doesn't think they're good

products. do you agree at this point? >> -- >> i would hope she doesn't think it's a good product. >> if you know up front, if you know up front what the rules are and they follow the rules, but they're not following the rules. that's the problem. >> i guest is claiming she has a fraud case. they help some people. >> and that is her story. we're glad she came to tell us about it. lora, mark, thank you for being here today. really appreciate your time. i covered reverse mortgages for a long time. there are lots of questions as mark suggests. now we want to know what you think. here is our question tonight and the answer to our question of the day, who benefits the most from reverse mortgages? banks or consumers? log on to gerriwillis.com. vote on right-hand side of the screen. i will share results at end of tonight's show. on to another danger in our community, a danger of e-cigarettes. there are reports of potentially deadly new drug hitting the

market. that drug is nicotine but in liquid form. the key ingredient in e-cigarettes. with us addiction expert joe shrink. joe, we were talking in the green room about this. i read scary stuff what is in these cigarettes? >> i think that is good question. that is one of the things about them that is unknown. we know there is nicotine in very concentrated form and liquid form and people can overdose on neck teen. not many people know about that but it is possible. workers who work in tobacco fields have to wear protective gear because they can ingest nicotine from picking it. that is what is really important to know about them, that nicotine is not a harmless substance. gerri: big sell, people waned to quit smoking and this is seen as one way to do it. do you agree as an addiction expert. >> not a way to quit smoking. maybe a way to shift your addiction to nicotine to a different form and different route of admission. we were talking about in the

green room, it's, kind of like diet soda where people think it is healthier because it doesn't have the sugar or doesn't have the calories but it is still full of chemicals that are not healthy. gerri: full of nicotine. >> and full of nicotine which is highly addictive. we run a rehab here in new york city, rebound brooklyn, and many of our clients report that nicotine is more difficult to quit than heroin. gerri: yet people do it all the time. people do quit. >> people do quit, absolutely. it is not impossible to quit but it's a very difficult addiction to give up. gerri: joe, what do you think should happen to these e-cigarettes? they're being marketed to kids out there. >> they are being marketed to kids. the number, the sales to high schoolkid have troubled in one year. so it is something to be concerned about. now lots of people go from these to actual cigarettes themselves. we do know that the data -- gerri: so instead of making fewer people smoke, it may make more people smoke. >> it may make more people

smoke. there is not the long-term health data to know the long-term health repercussions. my mother, talked about in the '60s, we smoked when we were pregnant. nobody thought that was weird. years later we know that is crazy. we don't know the long-term repercussions of these devices. >> because it hasn't been tested? been tested and they haven't been around long enough to know what is happening. >> we're experimenting in the field with the public health not knowing what might happen. >> that is absolutely correct. there needs to be some kind of regular lace on them, on sales of them. gerri: i think mom and dad need to say no. i think that is what has to happen. >> mom and dad saying know is something incredibly valued left the culture and needs to come back. gerri: joe, thanks for coming on the show tonight. great to meet you. >> thank you. gerri: we have more coming up including how to find the right financial planner for you. we're looking out for you and your money. "consumer reports" is here with the top picks for headphones for your budget.

♪ hi, are we still on for tomorrow?

tomorrow.

quick look at the weather. nice day, beautiful tomorrow. tomorrow is full of promise. we can come back tomorrrow. and we promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. what a day. can't wait til tomorrow.

gerri: sometimes don't you just want to hear nothing, nothing at all, quiet? well that's why consumers love noise canceling headphones but are they worth the hefty price tag and which ones are the best? here with his list "consumer reports" senior electronics editor jim wilcox. great to have you here. everybody talks about the bose headphones, did they start the whole craze. >> they actually did. they made noise canceling headphones for pilots. they got into the consumer markets and still are one of the best brands in terms of doing noise canceling. gerri: what is popular, the qc-15? big ground breaker. >> that is over ear model. had succession moved dells. we tested this one, it did excellent for noise cancellation and very good for sound. gerri: boy, oh, boy, they're not cheap. >> most of the ones topping our list from 250 to $400 range. getting both good sound and noise cancellation can be expensive. gerri: what i love about your

magazine you test everything you talked about. what were top-ranked headphones. >> at the very top, the beats by dr. dre. executives. and sms. we have them here. the bose were right up there and a pair of ip-psp which is speaker manufacturer that bottom into the head phone business. gerri: we're still talking 300 bucks and i think it is 280. i can't rely on my bad eyes to tell. but still expensive but these are the best because why? what do they do for you? >> what they do is two things. there are noise canceling headphones that are great at noise canceling but they don't sound great. other models sound great but don't do good job reducing noise. these do both. gerri: that is high hurdle. let's talk about a bar gain choice, if you don't want to pay 300 bucks there is way around them. >> we used to go in the store, sell them 60 hdmi cable. for $110 they have a model third

price of other models. does excellent noise cancellation and very good sound. gerri: you have something more portable. >> bose make as quiet comfort model called 20. this is ear model you jam in your ear. performed almost similarly to over the ear models. gerri: end doesn't it bug you ones deep in the ear. >> i don't like wearing them after 20 minutes they bother me. over ear is good for some people. a lot of people wear them around their neck. they don't listen. headphones are fashion item. other people prefer inner ear. they're not as noticeable walking around. gerri: one of the things that confound me, what we're listening to, forget about the headphones for a second is often not a quality level. if you're listening to one of these little, you know, recorders, the quality of the sound just isn't that great to amplify and put through ear phones. >> right that is good point too. these headphones have a thing called sensitivity. what it is, really how much

power it will take to drive it at levels you can hear what you're outside. make sure they have at least medium sensitivity so you can actually hear it at sufficient volume. >> jim what is the next thing you're testing? >> we're testing a lot of new tvs, ultrahdtvs, curved screens, things like that. gerri: come back and talk to us about them. >> sure. gerri: thanks so much, jim. great to see you. >> great being here. gerri: later in the show, why no one is still not sure of the obamacare deadline. do we know? does the administration know? next we answer the question, how do you do that? we'll have advice finding the perfect financial advisor for you. we asked people a question, how much money do you think you'll need when you retire? then we gave each person a ribbon to show how many years that amount might last. i was trying to, like, pull it a little further. [ woman ] got me to 70 years old. i'm going have to rethink this thing. it's hard to imagin how much we'll need

for a retirement that could last 3years or mor so maybe we need to approach things dferently, if we want to be ready for a longer retirement. ♪ if we want to be ready for a longer retirement. are you still sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers.

[ male announcer ] how did edward jones become one of the biggest financial services companies in the country? hey. yours? not anymore. come on in. [ male announcer ] by meeting you more tn halfway. it's how edward jones makes sense of investing. gerri: coming up, finding the perfect financial advisor for you. what you need to know to make i had easier coming up.

david: are you looking for a financial advisor? want to know who would do a good job for you? there is an art to picking a good one. joining me is the founder and director of spring leave partners, doug black. welcome to the show. great to have you here. you do this for a living. >> i do, gerri. gerri: you advise people with highers high net worth. >> yes i do. gerri: generally what price range. >> five million and $250 million, both families individual and non-profits. >> there is lot at stake and paying you a chunk of dough to find somebody good. ask a couple questions i get asked all the time. >> fire away. gerri: how much should i expect to pay? and hough money do i have to have somebody will be willing to run it for me? >> let's deal with the first one. how much do you have to pay. depend what you're looking for. we would get fees based on level of assets. complexity of the problem, and

sophistication of the solution. and so, for a normal investor, that, you should expect to pay for advice, about 1%. gerri: that ace good rule of thumb, 1%. >> more assets than that, less, and, fewer assets than that, maybe a little more. gerri: now look, people really worry about this and they fret over it and, a lot of people never even hire financial advisor because they're afraid they are going to screw up. what kind of mistakes to people typically make hiring a financial advisor? >> first they don't do due diligence. they don't have a formal process. they might ask a friend. gerri: yeah. >> might ask trusted advisor. gerri: your uncle. >> a relative. gerri: brother-in-law. who are you you using. i will use the same person. you're asking me to be fiduciary myself. it is almost formal. >> have your own process. define what you're trying to do. ask firms how they fit that need, then go methodically through a number of firms and

try not to make the mistakes that most people make. gerri: and those mistakes are? >> so first of all, thinking bigger is better. so big firm, big advisor, corner office, all that means is they're big. doesn't mean they're good. gerri: they might charge a lot. >> so financial service is a sales-centered service. don't get swayed by sales rhetoric. like for advisetores. look for performance. look for fees. look for how long they have been in the business and disciplinary record. gerri: what you say you can trust this person too much. >> so, we believe in trust but verify. we have something, when we look at advisors we look at something called sales gap. so when we look at an advisor, first thing we ask them to do, tell us everything they can about the business. we take all the marketing materials, everything they told us and we go in and do deep due diligence on the numbers and what they told us and what the facts are. gerri: will have i access to facts from individual trying to

find out about these guys? >> most people don't know what questions to ask. the business relies on that. they rely on sales veneer in that business. the industry hires, trains and retains based on that. gerri: how much money do you make for the client? what is your average annual return. >> certain types of advisors will be able to give you that. if they're asset manager and proven results reported results they will give you those. as a normal investor what you will generally hear, oh, everybody is different, right? every client's slightly different. gerri: doesn't anticipates the question. should you be looking to see if they ever have been in trouble with the law? should you go that far. >> first place start with the regulatory background, publicly available on finra site or sec site. look how many firms and how many years, people who move a lot, that is bad sign, right? look at customer disputes and how they have been resolved and ought to look at regulatory discipline for the advisor. that's absolutely the first

place you need to start. gerri: is average advisor have that, or disciplinary background or good ones don't have anything at all? >> best majority of advisors have no displain nary record. if you happen to pull one and see that there is one -- gerri: even a little bit. >> why take the chance, right? gerri: other question i want to ask you, these guys all have letters after their name. >> yep. gerri: certified financial planner. cfhbc, mickey, what are the best ones? >> cfp, cfa and sima. there are 200 other designations. many are marketing gimmicks by the firms themselves or by firms that sell a designation for a certain amount of money with no really demonstrated expertise needed, argue we zoo a lot of cfps. particularly if you're interested in financial planning. >> certified financial planner. certified financial analyst, which is toughest degree to get in our business. gerri: that is lot of education. >> absolutely.

equate it to almost a masters degree in finance. and sima, which is about evaluating 30 party investment managers. those three are at least from my view, the most highly regarded in the industry. gerri: how many people should i interview. >> depends what your needs are, i would absolutely first define what model do you want. do i want a brokeer? do i want a private bank? or do i want a registered investment advisor each of those models -- gerri: are different things entirely. >> once you figure out one ever those, please interview at least three. gerri: doug, we clearly should do this story every single day because there's a lot to cover. >> there's a lot to cover and there are a lot of issues. gerri: thanks for coming on. >> great to meet you as well. gerri: that is lot of information. time to look at stories you're clicking on foxbusiness.com. stocks ending in the red today amid mixed economic data. banking giant citigroup also weighing on the market after the federal reserve rejected citi's capital plan.

tesla motors reaching a compromise with ohio auto dealers. the electric carmaker is allowed to sell its car directly to ohio customers in three ohio stores t requires approval by the state legislature. tesla will be allow them to buy cars in texas, arizona and new jersey. president obama said he will sign the bill, the legislation also includes new sanctions against russian officials. >> is. >> and a happy story. taco bell is name dropping a certain rival with bright red hair. the fast-food chain is airing ads featuring everyday men who happen to have the same made as name as the mcdonald's mascot. they happen to be named ronald macdonald. those are some hot stories on fox business.com. new concerns over self-driving car with the gm and nissan recalls. the internet, which top democrat

is using this excuse to explain why there is another delay in obamacare. ♪ ♪ [ male announcer ] when fixed income experts... ♪ ...work with equity experts... ♪ ...who work with regional experts... ♪ ...who work with portfolio management experts, that's when expertise happens. mfs. because there is no expertise without collaboration.

>> welcome back to the show. it means this afternoon. the centers for medicare and medicaid services announcing 6 million sign-ups, up from 10 days ago for obamacare. with me now is a senior fellow at the manhattan institute to talk about the details. what do you make of these new numbers? >> there are two things that we don't know from the obama administration. many have signed up for plans on these exchanges. how many of those people have paid? because you don't actually have

insurance coverage until you pay the first month premium. gerri: you can pay and you still may not have covered. >> that's absolutely right. what we have from a lot of different surveys suggest information that a lot of people haven't paid. it's a much higher number among the uninsured we are previously insured or uninsured. all the data as a minority of people who signed up for obamacare, which is the whole point is to get the uninsured covered the on it's worse than that, even then people don't always want to play. >> and that is the whole thing. you hear people say six laypeople and golden obamacare. just because you sign up as a media world. and just because you've and will doesn't mean that you are newly covered by obamacare. for a lot of people whose plans

are canceled. but that is not necessarily an improvement for them. we are we're paying more money for less coverage than what we had before. gerri: 61% of the uninsured didn't know that the deadline was march 31. how about that. and the kaiser health tracking poll and there are shocking numbers that are part of this. the whole reason we were doing this in the first place. >> the gallup poll has done some good work on this great what's interesting about the polls of obamacare is that the disapproval rating skyrocketed among the uninsured. it used to be that the disapproval was around 24% above year ago. today more than half of the uninsured to the they are seeing that the plans are a lot more expensive. >> we have shocking revelations

from harry reid. here he is. >> there is no hiccup or delay. we have hundreds of thousands of people who tried to sign up and didn't get through. and there are some people who are not like my grandchildren who can handle everything so easily and these people knew little extra time. >> i think that senator reid is expressing a viewpoint in his way. gerri: but you can build upon that. because i think part of what is going on as they assumed that the uninsured would walk coverage and would want to pay for coverage. maybe not. maybe they don't want coverage. nobody asked them.

they just assumed that these people had a gift that they were giving the uninsured are in area and at the end of the day nobody wanted that. >> some people might want it. but if it's not free to them, it's a different situation. a lot of people are uninsured are young and healthy people for whom the obamacare plans are too expensive. if you're 27 years old and in perfect health and you don't qualify for obamacare subsidies in your now expected to pay $300 a month for health plans that had a 5000-dollar deductible, why would you do that. gerri: democrats are suggesting that we need another level. platinum, gold, silver, bronze. they want to add copper. and i think that that idea, that we will make it look like it's less expensive is more affordable. >> i think that that is one thing you can do to improve obamacare. would be to give insurers more flexibility to offer plans with what our called a lower actuarial value.

the co-pays might be higher, the deductibles might be higher, but the payouts could be lower. that would drive it down that would be a affordable for the people that don't qualify for the subsidy. i think that there's a lot of other things that you can do to drive down this cost. gerri: and maybe not everyone on the right. sometimes you're increasing the costs for taxpayers. chuck schumer had this to say about what is going on. he said 85% -- he is trying to draw attention away. >> that has also been something the white house and other people have talked about for a long time. for those of you who already have coverage, this law does nothing to you. but a lot of people have old plans or employer sponsored and we have talked about this, their old plans are illegal now in a new plans are going to cost them

a lot more money. it's called the affordable care act, but insurance is going to be more expensive and people are be experiencing now. gerri: it's always great to see you. thank you for being on the show. an update for glaxo smith kline, companies weight loss drug has been tampered with. and now they are issuing a voluntary recall in the u.s. and puerto rico. bottles have been found in various shapes and colors and some packages also have their snaps open and it they said it's not immediately clear where the problem occurred and that they are working with the fda. florida, alabama, north carolina and texas is where the investigation is occurring. we will keep you posted on more. and springtime is apparently here. that is what they tell me. we have advice for allergy

sufferers my dad has aor afib.brillation, he has the most common kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take my warfarin every day. but it looks like maybe we should ask your doctor about pradaxa. in a clinical trial, pradaxa® (dabigatran etexilate mesylate)... ...was proven superior to warfarin

at reducing the risk of stroke. and unlike warfarin, with no regular blood tests or dietary restrictions. hey thanks for calling my doctor. sure. pradaxa is not for people with artificial heart valves. don't stop taking pradaxa without talking to your doctor. stopping increases your risk of stroke. ask your doctor if you need to stop pradaxa before surgery or a medical or dental procedure. pradaxa can cause serious, sometimes fatal, bleeding. don't take pradaxa if you have abnormal bleeding or have had a heart valve replaced. seek immediate medical care for unexpected signs of bleeding, like unusual bruising. pradaxa may increase your bleeding risk if you're 75 or older, have a bleeding condition or stomach ulcer, take aspirin, nsaids, or blood thinners... ...or if you have kiey problems, especially if you take certain medicines. tell your doctors about all medicines you take. pradaxa side effects include indigestion, stomach pain, upset, or burning. if you or someone you love has afib not caused by a heart valve problem... ...ask your doctor about reducing the risk of stroke with pradaxa.

gerri: they say the road to hell is paved with good intentions and nothing could be more true than the road to the self driving car. automakers are allowing drivers to take the backseat. the same automakers are mired in lawsuits for failing to make their karsay. welcome back to the show, we always love having you here. we are thinking about these self driving cars in the current president is saying that they should be available by 2020. i look at what is happening and nissan has recalls this week. i'm going to trust my car to drive me? what do you say? >> well, i think that the timing is horrible from this

standpoint. think about all of the things that have gone through issues. will lowe, audi, ford, even tesla. i still hesitate on the self driving cars when their art continuing multiple problems from multitude of reasoning. gerri: we will get into some nose. i'm speaking from experience because i drove one of these self driving cars and let me tell you that thing scared me to death. the idea that i just couldn't turn over control of the car to a computer and it didn't seem safe to me. what would happen when i tried to do it. >> oh, my goodness. i touched the break and i couldn't stop. >> you heard your abs brakes.

it's getting you ready. >> wow, that is impressive. >> impressive but scary. because it didn't stop as quickly as i wanted it to. and even having the real drive experience, it was strange and foreign. when i look at the problems we are having with software and hardware not working together, all kinds of problems, we can't even figure out the car we are operating. i'm not betting on it. >> they know that consumers are going to have a really tough time letting go of the wheel. you were driving a mercedes and it's a very nice car. >> it makes a beautiful drive. it not only gets expensive it will save your life or you and you have to remember way back in

the day when antilock brakes came out. it did not say that would stop in a shorter time and it does give you the ability to avoid an accident so these systems do work. but they need to work in conjunction with consumers and they make drivers safer and they have lain changed the partners and two cars ahead of you and every manufacturer has something really cool. gerri: there's some stuff that i do like. other things i don't think are ready for prime time yet. last night we had this in the guise of two expert. and i was asking why they can't get this right is to these problems. here's what he had to say about the complexity of the job.

>> vehicles have become complex. it's like the equivalent of four high-end pc computers. the problems are much more complex. gerri: if you think they're having a hard time now, just wait. >> oh, i agree. you're looking at the average car that has at least 20 little microprocessors or sometimes many more in each one has a separate program that it needs to control. but there are some other factors that this gentleman didn't even define, which can cause unintentional situations. this is not commonplace but it can always be replicated. so we have that in conjunction with the mechanical problems and drivers are not always paying attention. drivers on this type of

technology and to be on their cell phone and read the newspaper and get to work. i don't, you probably don't, but a lot of your viewers do because they are trying to keep this going. so if you have two self driving cars may run into each other, whose fault is that? >> well, i just finished a panel where we had people from all over the world that we were discussing what. this is going to be a worldwide problem. we haven't insurance regulations, laws that are in place. and even though the computer understand this people sometimes blame the car manufacturer or blame the other driver and potential problems that we don't know about with computer glitches. so i think that a lot of hurdles need to be overcome before they

say get in that car and take me what i need to go. i don't think we're there yet. i think that yes, we can produce a card today. i've seen it went many of them. but i still think that consumers are ready and i don't think that insurance companies or government regulations are ready either. but i think were not there yet. >> i would love to hear what you have to say about these issues are thank you for coming on. and the national association of insurance commissioners says car insurance cost at about an average of $912 per year and even a minor traffic violation can cost you money and here is tonight's top five. the most expensive traffic violations according to insurance quotes.com. both infractions can cost you an extra 19%. number four is speeding. we can cost an average of 21% more for car insurance if you're

caught going 15 miles per hour or more over the limit or more over the limit. coming in at number three is careless driving that can increase your premium by 27%. number two is reckless driving 82%. reckless driving is considered a blatant disregard for traffic laws like drag racing. in the number one most expensive traffic violation is driving under the influence. one conviction of this crime can result in a national average premium increase of 93%. and the least expensive as a seatbelt violation. still to come, my "two cents more" and you better get out the tissues. string spring is here and we have ways to help you survive the allergy season

you really love, what would you do?" ♪ [ woman ] i'd be a writer. [ man ] i'd be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] i'd be an architect. what if i told you someone could pay you and what if that person were you? ♪ when you think about it, isn't that what retirement should be, paying ourselves to do what we love? ♪ paying ourselves to do what we love? predibut, manufacturings a prettin the united states do. means advanced technology. we learned that technology allows us to be craft oriented. no one's losing their job. there's no beer robot that has suddenly chased them out. the technology is actually creating new jobs. siemens designed and built the right tools and resources to get the job done.

gerri: the spring allergy season will be a doozy. a survival guide for all of your allergies out there next.

gerri: red and itchy eyes, runny nose noses. it's that time of year with spring allergies. joining me now is an allergy specialist and medical director for allergy and asthma care of new york. i'm so glad you're here. because all i hear about is that this is going to be the worst allergy season ever. what do you expect them. >> we need to get everyone's allergy iq up and ready to go. get tested. if you have a cold or a sinus problem, people go and take

everything, they don't always know what they are allergic to. we know that pollen is here to stay. and plans and urban areas and plans like climate changes, longer allergy seasons, we need to work with mother nature. so my tips are to get help. gerri: i want to show personal we are looking at the people can get their brains around that. it is a chart of what you can expect in terms of allergies and i have to say that it's a bad spring coming and i've had these things all year long. what kinds of tips you have for people who want to get prepared? >> the glass is already half full. but the pollen is going to spill over and so basically we want to look at your hair. if you are a hat and hair gel,

it sticks to you. sunglasses on a windy day. you are tracking pollen along with other things and if you have hair gel we don't have a hat on and you don't have big sunglasses, or giving a chance for all of that pollen and you're going to wake up not being at the top of your game experience that matters what you wear on your head. >> over last 50 years in many urban areas we have changed very we have are pollution on the rise. and that causes a lot of urban areas of allergy epidemic. we are talking about what we can do to get tested. the remedies that we talked about today, washing your hair at night, they all help.

but the real solution is to get testing done and find out what you're allergic to. gerri: what are the most common allergens? >> tree pollen and grass pollen and we have so much precipitation from the winter and the horrible winter that we are happy to say goodbye to that the grass will often combiner. right now we are looking at having a proactive situation in place. gerri: doctor, thank you for coming on and that we appreciate the help. we'll be right back with my "two cents more" and the answer to our question of the day. who benefits from most from reverse mortgages? banks or customers? understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time.

plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) ranked highest in investor satisfaction with self-directed services by j.d. power and associates. legs, for crossing. feet...splashing. better things than the joint pain and swelling of moderate to severe rheumatoid arthritis. if you're trying to ma, now may be time to ask about xeljanz. xeljz (tofacitinib) is a small pill, not an injection or infusion, for adults with moderate to severe ra for whom methotrexate did not work well. xeljanz can lower your ability to fight infections, including tuberculosis. seris, sometimes fatal infections and cancers have happened in patients taking xeljanz. don't start xeljanz if you have any infection, unless ok with your doctor. tears in the stomach or intestines, low bod cell counts and higher liver tes and cholesterol levels have happened.

your doctor should perform blood tts before you start and while taking xeljanz, and roinely check certain liver tests. tell your doctor if you have been to a region where certain fungal infections are common, and if you have had tb, hepatitis b oc, or are prone to infections. tell your doctor about all the medicines you take, and if you are pregnant, or plan to be. taken twice daily, xeljanz can reduce the joint pain and swelling of moderate to severe ra, even without methotrexate. ask if xeljanz is right for you. how did edward jones get so big? t me just put this away. ♪ could you teach our kids that trick? [ male announcer ] by not acting that way. it's how edward jones makes sense of investing. it's how edward jones gunderman group is growing. getting in a groove. growth is gratifying. goal is to grow. gotta get greater growth. growth? growth. i just talked to ups. they've got a lot of great ideas. like smart pick ups. they'll only show up when you print a label

and it's automatic. we save time and money. time? money? ti and money. awesome. awesome! awesome! awesome! awesome! awesome! awesome! awesome! (all) awesome! i love logistics. gerri: our guest at the top of the show shared her personal struggle of dealing with her father's reverse mortgage.

who benefits the most? the banks are consumers? here's what some of your posting on my facebook page. some say banks. and richard says as much as these mortgages are being pushed on tv, i just do not trust them. if it's too good to be true, then it usually is very we assess on gerriwillis.com, 94% of banks and 6% said consumers. be sure to log onto gerriwillis.com everyday for online question every weekday. finally, even when it comes your parents come you have to recognize that they simply may not tell you everything. yes, i am talking about reverse mortgages. they are an incredibly popular product with retirees who want to stay in their home and still have an income. but generally that makes it more than a little difficult for errors to reap any award of their parents working. for some people it would make sense but for others not so much. but i would say that everybody

in the family deserves to understand what is going on. that is my "two cents more". that's it for tonight's will was hurt her. thank you for joining us and don't forget to catch us by recording us if you can't watch us right away. have a great night. single mobile. ♪ >> a lot of us are bummed out. when it comes to these markets a lot of us are bummed out. many are afraid of markets and stocks. after the big run-up over the past years, these folks are not impressed and in fact they are worried. one out of three americans are that anxious and afraid and that cautious. i can understand after the big meltdown years ago, but it's en