tv The Willis Report FOX Business April 2, 2014 5:00pm-6:01pm EDT
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beat thei10-year lipper avere. t. rowe price. inest with confidence. request a prospectus or summary prospectu with investment informion, risks, fees and expenses to read and considecarefully beforinvesting. gerri: hello, everybody, i'm gerri willis. right now on "the willis report," is google giving investor the shaft? we're taking on corporate control versus shareholder rights. also, the best advice you will ever hear about retirement. the daughter of charles schwab is here. renting versus owning. we're taking you to the places where it is cheaper to buy than rent. we're watching out for you, on "the willis report." gerri: google today pulling one of the more unusual technical manuevers the stock market has seen in a while. it is splitting its stock two for one. while that doesn't sound unusual, here's the twist. the new shares will have no
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voting power. while the value of your investment won't change, your say over how google is run will. ed butowsky from chatwood capital investments joins me now. ed, good to see you. i want to show what folks are going on here. here is the google split. class-a shares will have some kind of a voting opportunity and class c, no vote, you won't be able to vote those shares. founders appear to lock in control with this move. ed, how do you read it? >> this is like a stealth-like poison pill. what they're doing you have three classes of shares real soon. the class b are founder shares. those are super voting shares. so the two founders along with schmidt, really control that they have 55 -- gerri: larry page, sergey brin, they control those voting shares. they control that entire bloc. >> exactly. it is starting to get lower their power, or their ability to vote because when they have
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done, they have taken those class-a shares as of now and they have used those for options. so when people go to a company, gerri, they have options and when they exercise options they use those shares of stock. they use stocks to take care of people exercising their options plus, they were using shares of stock out of treasury of google to make acquisition. slowly but surely, this is what the whole thing about, the founders lost some of their voting and they don't want to go below 50. when they go below 50% of the vote they lose majority of the power. and then they're open to someone coming after them an helping and taking control of the company. they don't want that. gerri: they don't want that here is what they said in their own letter to shareholders. day-to-day dilution from routine equity-based employee compensation and other possible dilution because of stock-based acquisitions will likely undermined the dual class structure and our aspirations for google over the very long term. we're look locking in what we
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got. we want to stay in control. that is what this is all about. good for them but not sew good for individual shareholders right? >> no. gerri: you said this is putin move. >> i call it that because what they're doing in reverse way to make sure nobody comes in to take over their company. you know what? they have the ability to do it. if voters don't like it or excuse me, people who buy those shares don't like it they could always sell it. people get all the other benefits with this new class of share, gerri. they just don't have the ability to vote. what they're really doing they're saying -- gerri: let me take issue with something you said. their company? >> okay. gerri: it ain't their company, it is public company. publicly-traded. you have to operate the thing with eye toward shareholders. while they hold 56% right now, there are other folks that own a piece of the act too. that is my issue with this. do you have an issue as well? >> i agree with you. i have a big issue with you. i misspoke in that request, right now they don't want to
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lose the super voting. that's why they're putting this in place. you know what? we have public companies and one of the cornerstones, most important thing about having a public company is the ability to vote your shares. and they are stripping that away from you. and that to me, i don't like at all. gerri: all right. so here's the stock that has been hugely successful for shareholders, right? they are up a thousand percent since the ipo 10 years ago, 1,000%. so do these changes, will this affect the stock performance at all? >> i don't believe so. it is not going to hurt corporate earnings. it is not diluting the stock. all it is doing is literally creating a stock split. so it doesn't do anything to actual earnings of the company, nor does it really negatively impact other than losing voting rights to any shareholder. from that standpoint, there is nothing that anyone who is watching right now has to be concerned about in respect to that. gerri: you know, there was a class-action lawsuit over this. this is the endgame here, the
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resolution of all that. if the shares, these two classes start trading differently, google will have to come in with some cash. >> yeah. gerri: this is interesting scenario. and they're not alone. frankly a lot of media companies do exactly the same thing including the company that work for, fox. >> sure. gerri: it is not unusual but for individuals, for individual shareholders who are looking out for their rights, they want to be part of the action, this isn't in their favor, is it? >> that is not in their favor. you bring up a great point there, there will be a time period where you have the class c and class-a shares. even though they're getting, switching symbols the class c is getting symbol for class a which i don't understand at all. it is confusing. maybe they're doing a mind game with us. look over here whale i do this? at the same time there will be possibly be arbitrage between the two classes. google said we'll come
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out-of-pocket to make up the difference. they're doing everything they can to look like good guys while they're stripping most shareholders of share right to voight on corporate proxies. that is the problem. gerri: one other thing i want to ask you about, some folks are saying hey, gerri, look, this will lock out activist shareholders. they will not be able to wedge themselves in here, create havoc, true? >> without any question. they might take and get some voting but talking to three people, the three people we talked about. you know you're not brogue to see carl icahn coming in there to take a big position or bill ackman or any of those people. they know right up front they have no power. if they have no power they will not go there. gerri: ed, great job. very interesting, putin-like move. >> that's right. thanks. gerri: thanks for being with us. good to see you. >> absolutely, thank thank you. you too. gerri: from your bottom line to your waistline, you have got to hear this story. big government cooking up new ways to get you, the body they
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always wanted. in fact uncle sam wants to send you text messages to get you in shape. they will tell you if you're fat. matted welch, co-host of "the independents, editor-in-chief of "reason" magazine. >> thanks very much for having me. gerri: when i heard the story this morning the top of my head blew off. the idea that the federal government will tell me i weigh too much or tell me how to eat makes me a little lunatic. >> been doing this for 25, if you think about the food pyramid, that has been disowned forever. every five years since 1908 there is dietary guideline committee. a bunch of academic that is sit around and try to tell is everybody in america over the age of two, one of the best ways to eat in order to prevent disease and what they call inaccurately obesity >> you know, okay, so you come up with some rules. don't get in my face and text me that really drives me crazy.
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>> they have spent around $3 million, studying the possibility of using social media to encourage, to nudge people, maybe shame them just a little bit, in order to have a better healthy diet. text messages on your phone, this is literally something that bureaucrats are thinking about doing to try to shame you into getting a good bmi. gerri: here is -- body mass index, bmi. >> we're all watching ourselves. gerri: we're super fit. oh, boy. here are some of the text messages. tell me how you would feel. tweet me at gerri willis@fbn if uncle sam sent you this. remind yourself of motivations for losing weight. if you find it hard to stay motivated write down one reason you want to lose weight. try to heat low-fat foods. a miracle they figured this out. this is good way to cut calories. >> or exercise a little bit. this is really backwards in retrograde at a time americans are more and more coming up with
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their own system through their iphone, measuring the heart weight and how many steps they're walking. people can figure this out on their own. these guidelines -- >> i had my ekg on cell phone yesterday. >> that is great. that the future where we run ourselves. the problem with this committee, their guidelines become approach we take for school lunch menus, for military food. gerri: everybody has to live by it. >> every federal calf fear yaw so people will have to live by whatever they come up with. gerri: this one really drives me crazy. i have to read these because they make peanuts. there are 1440 minutes in the day. try to find 10 minutes to exercise. what a harppy the government is. >> i was doing the math in my head, seeing if they got the calculator right in this case. gerri: here is the push back you get from your argument what you're saying whether the federal government should get involved. so we socialize costs, right? the idea, if you have a heart attack, if you have diabetes i pay part of that tab because i'm
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paying for obamacare, i'm paying for socialized medicine, medicare and medicaid chips, how do you respond to that? >> for one, they said this about smoking a lot. smokers saved us money by dying young. thank you, smokers. gerri: that is awful. that is awful. >> that is the calculation you're introducing, when you treat people like how much they're going to cost us as a society, that's kind of a sick way of looking at things. this is the one of the bad consequences having federal government having more and more to do with our health care, it gives everyone a stake in my personal life choices. that shouldn't be your stake. it shouldn't be anything. it should -- gerri: my business. >> your business. gerri: don't text me. so we paid a behavioral psychologist 14 -- $174,000 for texts for diet study. $1500. $3 million we're paying out so they can lecture us. >> constantly. they take it as granted, and this is true in local governments even more than the federal government and new york
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under mayor bloomberg as we all know, he tried to ban certain types of drinks. los angeles, there are whole neighborhoods that can't have new fast-food restaurants open because they think local people are too poor and making wrong decisions. >> those restaurants are having new options and offering different kinds of things. >> they would change if you allowed them to open up and have free market to decide exactly what kind of restaurants people want in the neighborhood. there is this notion that peer people, especially are too dumb to make good choices. that is why that they are, we have this obesity epidemic this it is paternal and wrong where americans are going. we are figuring out nutrition on our own and figuring out where our food is sourced from and all that kind of stuff. the government is not helping that process. the biggest role government has in food and serving the awful stuff that they serve in public schools. gerri: people know. people know. they make the choice. it is their choice to make. people choose to eat fatty foods. people choose to drink diet cola
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and regular cola. that is what america is about. make the choices. pay the piper. >> good news, seems like obesity has crested. we're not increasing as much as it has been in recent years. there is study that came out a month or so ago about kids under the age of five. they have seen a dramatic drop in obesity. gerri: wonder if i can text uncle sam back? no -- >> how many minutes a day again? gerri: thank you. matt, thanks for coming on. >> thanks for having me. gerri: wow, we want to know what you think. here is our question tonight. you guessed it. do you need the federal government to help you lose weight? log on to gerriwillis.com. vote on the right-hand side of the screen. i will share the results at the end of tonight's show. tune into "the independents, every night, 9:00 p.m. eastern time right here on the fox business network. helping you get the most bang for your buck when it comes to selling your car. you can sell your used car and make a ton of dough. mary barra is back in front of
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gerri: round two on the hill for gm ceo mary barra. this time the senate took a hark scher tone with here is my favorite car expert, lauren fix. welcome back to the show. >> thank you, gerry. gerri: i want to start with what some of these senators said to her today. they were tough. >> is there any other instances where gm is actually changing a part and fixing a defect and keeps the part number the same? this is criminal deception. >> is that cobalt car as driven now, safe for your daughters to drive? the other thing that we now know, that it would only cost $2 to repair. and it was apparently $2 too much for general motors to act despite a decade of warnings. >> you're in really important person to this company. something, something is very
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strange that such a top employee would know nothing. gerri: red hot stuff and, you know, i look at these comments and i've been critical of gm very critical. there are lot of people to point a finger at here, lauren. what do you say? >> i think there is more than one person. i know that poor mary is taking the full bruntbrunt of it all. yesterday was heated. this is much more intense today. they did have a point though about not changing the part numbers. these are procedures that were in place before mary was a ceo. however, she was in quality control. she wasn't supply chain. so then she is the person but part of a larger team that was obviously insulating what the truth was going on from the ceo. however until we get rick wagoner on the stand will not say anything, if he does, what will he say? as a ceo they will not tell me about every little problem. i think we need to look at delphi as well. gerri: delphi, nhtsa. where the heck --
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>> absolutely. gerri: we're calling all over the government agency supposed to be regulating this stuff and frankly got reports all along the way? >> i agree with you. that is absolutely, a couple weeks ago i called it nhtsa-gate and you called it gm-gate. gm screwed up and they have to sort out procedures and problems and quality control. delphi screwed up by supplying a part that didn't meet qf 9000 quality control ratings which have been in place since 1995. however nhtsa didn't catch it. did they give rick wagoner a check for $10 million and say disapfire please? he literally has not been seen by anyone. which says to me there are a lot of people that know a lot more than we're being told. gerri: it's a tragedy on some levels. >> absolutely. gerri: we had victims families on yesterday, just tragic. so many people to point the finger at. quickly, mary barra, how did she
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fare today? is she holding up gm's legacy and speaking well for the company? >> i think she is considering the situation. she has only been in the position for three months. they're asking her to tell them information she hasn't received until a few weeks ago. there are 286,000 pages of content and you know, i'm sure she has lawyers looking at it and guiding her on what to say, you can't say this. at other end you have senators coming at her full force. gerri: right. >> i think they will have to bring more executives in. a. a lot more investigation and making her the only person at fault i don't believe is the answer. i believe there is a lot of people at fault. what i would love to see happen, everybody put a billion dollars into a victim's fund. there is money for people who lost family members and people who have had accidents and potentially blamed them. gerri: that is another debate, lauren. thank you for being with us tonight. appreciate your comments. thank you so much. >> thank you. gerri: well, you know it is not just gm having to deal with recalls these days. chrysler recalling nearly
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870,000 suvs because corrosion may impact the brakes. the two models, the jeep grand cherokee, the dodge durango, fall from 2011 to through 2014. chrysler says it knows of one accident but no injuries as a result of the defect. the company has since changed the design to make the brakes more corrosion resistant. here is hoping that is the last recall we hear of for some time to come. coming up later in the show, a new book is calling the markets rigged but what does wall street's top regulator think? next we answer the question, how do you do that? with advice selling your car instead of trading it in. stay with us. ♪
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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 gunderman group is growing. getting in a groove. growth is gratifying. goals 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? time and money. awesome. awesome! awesome! awesome! awesome! awesome! awesome! awesome! (all) awesome! i love logistics. gerri: looking to sell your used car? we will tell you why you should do it sooner rather than later. details coming up in 60 seconds. stay with us.
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and ask about all the ways you could save. liberty mutual insurance -- responsibility. what's your policy? gerri: think about selling your used car? well, get on it. my next guest says there are several factors that play into it. facts. here to explain, alex gutierrez, senior market analyst for kelley blue book. welcome back to the show. why is it so important to get on it now? >> well now is really critical time to try to sell your car what we're seeing right now, used car values still close to the all-time high we saw in 2011 and 2012. with new car sales growing so rapidly over the past several years years and leasing growing quickly, we see a influx of supply coming in next couple years that will drive prices down. gerri: depreciation rate is massive, right? it is going up. why is that? >> well, again it is for the same reason. i think we see with so much
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additional supply, coming from the manufacture you ares because of lease rate hanging around 25% or so, the supply coming up, econ 101 as supply goes up, prices will come down and that is impacting depreciation. gerri: let's get to it, what do you want to do if you want to sell your car, used car. you say recondition it, what do you mean. >> this is recondition is what the dealer will do to try to sell it to the public. take care of odds and ends. check engine light is on. if tires are flat, anything you can fix to bring the car up to, up to an acceptable level for a buyer. you want to take care of that so you don't have any unanswered questions when folks test drive your car. >> say take detailed pictures is my cell phone okay to do that with, my smartphone? >> if you've got a pretty nice smartphone there, is good camera on iphone 5. that might be okay. but you want to take really what is quantity over quality here. you want to take as many pictures inside and out of every
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little detail thaw possibly can. you want to document everything possibly can, anything wrong wr. any maintenance records. pull vehicle history report. get everything that you have on the car to make it available for potential buyer so they have the confidence to take a look at your car. gerri: alec, you have to figure out how much you will ask for, right? how do you even think about that? how do you know 2 wouldn't be better to use it as a trade-in. >> yes, so i think one of the toughest parts to consumers what they should ask for the vehicle. that is where third party resource, kbb.com comes into play. go through the site and get accurate assessment whether the car is good, very good, fair. give us mileage and we'll give you a number based on transactions that we see in our data. gerri: this is big thing for a lot of people out there. you say list your vehicle online. play it safe. what do you mean by that? >> when we say play it safe,
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obviously everyone is aspirational. you want to get maximum value for the car but don't want to putnam per significantly higher than other listings in the marketplace. before you list the car, check your value. want to check "auto trader" around craig's list and see where listings are coming in. you don't want a price too high above market. think of attention span of yourself buying online. you give everything a second 1/2 moving on to the next listing. if you priced too high you lost that person's attention. gerri: makes a lot of sense to me. alec, thanks for coming on, great job. >> thanks for coming on. gerri: now if you know how to sell your car, if you own one of most popular used cars you have a leg up on that market. tonight's top five list. ford f-150, the country's favorite pickup has average resail price of $22,000. number four, honda civic selling 13 grand. this vehicle is popular for reputation of reliability. makes up just 2% of the used car
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market. number three, on average take home used version for around $15,000. number two, predictable, toyota camry. this 15,000-dollar car accounts for more than 2% of the used car market. number one most popular used car, honda accord. this tops the list and makes up nearly 2 1/2% of used car market. other cars include the bmw 3 series and toyota corolla. coming up as more and more folks are calling wall street rigged, where have the regulators been? forget your credit score. do you know you may have a consumer score? we'll tell you what it is and what it means for your bottom line. ♪ so ally bank has a raise your rate cd that wothat's correct.a rate. cause i'm really nervous about getting trapped.
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gerri: a controversial practice on wall street high frequency trading. causing concerns from investors wanting investigations by regulators after new book hit the shelves alleging the markets are rigged. peter barnes is here with more. >> to this controversy has been ratcheted up from author michael lewis talking to don imus this morning he charged some high-frequency computer trading rigged to the stock market for average investors. that some superfast traders can run regular trades by getting access to order information milliseconds before everyone else and unfairly profit from that. >> would it feels like it is insider trading because instead of hearing the company will acquire another
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you get the advance word of the price movement in the stock can can react before it everybody else. >> he said this might be illegal. gerri: it is a good point. i have to tell you most of what he said we have been saying for a while. it is no surprise but water regulators doing? >> the fbi has been looking into this also the sec chairwoman it white said her agency has a focus for quite some time on unlawful practices of high-speed trading firms. >> i cannot talk about specifics but a number of ongoing investigations regarding various market integrity in structure issues including high-frequency traders and focused on any abuses of that space.
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>> some analysts believe it could act before the sec steps in with high-frequency trading but even if the industry does not do anything the sec analysts say will move carefully with new rules because supporters of the high-speed trading say it helped to reduce investing cost and increase market liquidity. gerri: very controversial. good to see you. you'll hear more from michael the was when he joins maria bartiromo tomorrow morning on opening bell. this stuff is controversial in you will want to hear that. as a consumer you have a credit score but what about a revenue score? a new report from the world privacy forum that shows consumers have hundreds of scores they could be impacting your daily life in ways that you don't know.
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a john come a great to see you. even i am shocked and surprised and the kinds of things they are tracking. we have seen a number of scores rise from less than 25 to more than 100 this year. what is the wing on? >> what is happening more and more of the lending and a service providing risk assessment is automated. information instead of visually looked at and considered by consumers is scored by very sophisticated revenue as a way to provide lenders and other service providers a sneak peek into the likelihood you will jeb and -- file bankruptcy, a move toward business or generate revenue. >> if you looked inside the listed is shocking.
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this is reaching into your personal life telling minute details about what you do like your medical adherents score? what is that? >> it is a score that predicts the likelihood of you following the doctor's orders to get your prescription filled and take your medicine. it is good for the physician to know this they have to know if you're actually doing the things that are suggested to keep you healthy. does not necessarily bad. gerri: wireless carriers carriers, cable companies, they produce scores how likely war two job from carrier to carrier. would lose the job security score? >> it considers information about the industry where you currently work and fluctuations within the industry to predict if you have the job security or if
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you are potentially at risk. i was shocked and i have carried this all long time for our was surprised how deep they are going and they have access to so many details to make estimated guesses about what you will do. but i know just how accurate some of the old-fashioned credit scores are a and the credit reports behind them and not that accurate. are these more accurate? >> there is nothing that suggests they are any more or less accurate than the traditional credit score per by the end of the day the companies that buy the models and pay to have them developed are relying on them. they use them to make decisions that they must feel fairly confident this course there generated tell a relevant and accurate study from what the consumer
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will take they are spending billions of dollars of these types of scores. >> also the bankruptcy score of the likelihood he will file, are you likely to use your folder policy cahan -- -- homeowner policy or just pay it? is there any part of my life they don't want to look into ? >> not really. [laughter] if they can model talk about social media data as a way to assess risk. there is nothing that is off-limits as long as they follow federal law and all falls under the fair credit reporting act because it is considered to make decisions if someone wants to do business with cuba if they follow the rules there is no limitation. gerri: neighbor the federal government texting me about being over way to or if his company predicts i take my
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medication. great to see you as always. gerri: unbelievable. have you taken the cash challenge? put away the of credit-card and go cash only. last night we introduced you to a terrific couple from colorado who took the challenge. >> at least in our marriage i use credit cards and pay them off at the end of the month. this will be quite a challenge and a new venture. gerri: will you save money to invest? >> absolutely. we already have a jar specifically for change that is ready for some more savings. gerri: i love that idea. today i put my money where my mouth is. i am taking the cash challenge myself i am paying cash for my coffee. go to gerriwillis.com and
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read my story in e-mail, tweet we would love to have you on the show to tell your story. was it easy to use cash only? when we were out on the streets asking about the cash challenge we bumped into one boy who is the latest fox business man who even stopped by the studios today approving good credit inhabits start when you are young. he is so cute. the housing market is a roller-coaster so should you get off or write it? oh look at a new book dead -- giving important money advice for the over 50 crowd. ♪ (dad) well, we've been thinking about it and we're just not sure. (agent) i understand. (dad) we've never sold a house before. (agent) i'll walk you guys through every step.
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(dad) so if we sell, do you think we can swing it? (agent) i have the numbers right here and based on the comps that i've found, the timing is perfect. ...there's a lot of buyers for a house like yours. (dad) that's good to know. (mom) i'm so excited. but with less ergy, moodiness, i had to do something. i saw mdoctor. a blood test showed it was low testosterone, not age.
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we talked about axiron the onlynderarm low t treaent that can restore t vels to normal in about two weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especlly those who are or who may become pregnant, and children should avoidt where axirons applied as unexpected signs of puberty in children or changes in body hair or incased acne in women may occur. report these symptoms to your doctor. tell your doctorbout all medical conditions and medications. serious side effects could include increased sk of prostate cancer, worsening prostate symptoms, decreased sperm count, ankle, feet or body swelling, enlarged or painful breasts, problems breathing while sleeping and blood clots in the legs. common side effects include skin redness or irritation where applied, increased red blood cell count, common side effects include skin redness headache, diarrhea, vomiting, and increase in psa. ask your doctor about axiron.
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(announcer) scottrade knows our and invest their own way. with scottrade's smart text, i can quickly 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. gerri: are you worried about your retirement? i don't know anybody who is not.
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or anyone is experiencing a cash crunch. here to help you with your financial concerns the senior vice president from charles schwab and author of the charles job to finances over 50. it has been your personal mission to help people understand finances. goal number one how much should you save? >> 25 times rule 25 times the amount of money that you want to supplement your social security if you need $8,000 you will be 25 times that which is 1 billion. you have to start early that puts you ahead of the curve it is easier to start young and start saving 10 percent over your lifetime you will
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have the retirement that you expected you wait until you're 36 is 20% and four days even higher. gerri: over 50 you have some misconceptions some people think it is too late to even save. >> but there is another 30 years. gerri: it could be awhile. >> so just be honest review spend your money. but saving money you will see how fast it will grow you will get a nice mistake. gerri: once you get started to save money then you are surprised when you check again. there is more and really does grow over time for you save taking issue? >>.
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>> but people don't realize if you wait until you are 70 years old that benefit increases 76% it pays to look to alternatives. gerri: if you say i don't know if it is worth it if you look at our in retirement you can have that? very people thank you have to get rid of it. obviously credit cards are not a good thing that a mortgage is different with the psychological and emotional not having the burden but from a financial perspective could you take that money and invest it with a better return? >> recently it is low. >> do you have enough liquid assets to support your lifestyle? you don't want it all in drowse. gerri: it is okay to have
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some mortgage debts if it is a house. >> web do side though will it is not done? >> with a 401k or the i.r.a. would never debut point prevails over your will. make sure they are consistent. >> absolutely don't barrault from the 401k for their education for alive another of three children. i get it you want to put them through college but you cannot get a scholarship or a grant or a lot for your retirement. you have to think twice about dipping into the 401k. gerri: call volume the thought-provoking. gerri: my $0.2 to you own a house? don't go away.
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buy 38%. last year it was 44 percent cheaper but home prices have been going up and most markets. gerri: that is interesting i would not have expected at at all. what is going on? >> apartments are on fire. the reds is ridiculously high in some markets and other markets it makes more sense but please give and where you will be because it does vary from location but interesting data. gerri: up from last year and people get locked into a place and they don't want to move. i am here. my stuff, but you have a list of the 100 metro areas it makes sense. >> you have a tale of two different coasts is coast
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and the midwest is where they have the edge -- have the edge. looking in from actual sales price, a percentage of price cuts and have come up with this interesting data so in this market you have the power. gerri: atlantic is interesting to lead this because they have interesting foreclosure laws they have such a short for given is window but chicago surprise me. >> also these market sellers have the edge but of the west coast you have supply and demand situation with job growth not a lot of supply so interesting stuff like sacramento and seattle. gerri: what about new york? said magna york is not affordable.
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there is more statistics out today that in new york it may be more economical but it depends on your time horizon. >> look at the break-even point that is high that makes it more economical to rent. >> what about the south? >> dallas and houston. >> i don't know miami or the other florida markets so that would be interesting to see. gerri: and the california cities have rebounded. >> to the point is more economical to rent their behalf to crunch the numbers with your objective objective, timeframe, flexib ility. gerri: loss vegas they have had a rapid turnaround. >> my brother was just there with a two-bedroom apartment
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was only a couple hundred thousand you cannot get back in new york city. gerri: you cannot even get a closet. we will be right back and the answer to the question of the day do you need the government to help you lose weight? why are they texting me about bad anyway? it makes me crazy. ♪ [ male announcer ] this m has an accomplished research and analytical group at his disposal. ♪ but even more pressive is how he puts it to work for his clients. ♪ morning. morning. thanks for meeting so early. oh, it's not a big deal at all. come on in. [ male announcer ] it's how edward jones makes sense of investing. ♪ makes sense of investing. gundyes!n group is a go. not just a start up. an upstart.
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gotta get going. gotta be good. good? good. growth is the goal. how do we do that? i talked to ups. they'll help us out. new technology. smart advice. we focus on the business and they take care of the logistics. ups? good going. we get good. that's great. great. great. great. great. great. great. great. great. (all) great! i love logistics.
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before chantix, i tried to quit probably about five times. it was different than the other times i tried to quit. [ male announcer ] along with support, chantix varenicline is proven to help peoe quit smoking. it's a non-nicotine pill. chantix reduced my urge to smoke. that helped me quit smoking. [ male announcer ] some people had changes in behavior, thinking, or mood, hostility, agition, depressed mood, and suicidathoughts or actis while taking or after stopping chantix. if you notice any of these, stop chantix, and call your doctor right away. tell your doctor about any history of mental-health problems, which could get worse while taking chantix. n't take chant if you've had a serious allergic or skin reaction to it. if you develop these,
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stop chantix and see your doctor right away, as some can be life-threatening. tell your doctor if you have a history of heart or blood-vessel problems or if you develop new or worse symptoms. get medical help rightway if you have symptoms of a heart attack or stroke. use caution when driving or operating machinery. common side effects include nausea, trouble sleeping, and unusual dreams. my quit date was my son's birthday, and that was my gift for him and me. [ male announcer ] ask your door if chantix is right for you. >> we told you about the new plan the federal government wants to send you text messages to tell you you are fat. thinks a lot. here is what you are posting. stay out of my life provide don't need anyone to tell me what to do especially those that live in washington fairyland. >> it is good if they sponsor public education in campaign but it is up to people to make good choices. and asking on jury
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willis.com 2 percent said yes. 98 percent said no. here is some of your emails only those choosing to live in an flood prone areas should be required to pay for is. >> great piece on charity unfortunately most sponsored charities are run like the entertainment industry best to stay with the local church and people are dedicated to the mission and finally i say and all the time but i want to reinforce the idea. unlike the other networks and traders want to skim off of every trade we will tell you. we're not embarrassed to call them out. likewise when famous entrepreneurs move to
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consolidate control of the public company they read we will tell you about it we are here for you. that is my $0.2. with we will see you tomorrow. >> dell the president is back to pushing a higher minimum wage what about pushing for more workers? welcome, everybody. i am neil cavuto. we have this backwards. with the idea to get the job then discuss how much more they should be getting as far as i can tell that is the problem. but millions of americans out of hope in and out of work in the white house job strategy picture being a boss right now
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