Latest / WCHS Network Podcasts / 12/23/2024 Retire Right Radio with John Burdette

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12/23/2024 Retire Right Radio with John Burdette · WCHS Network Podcasts

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Speaker 2: The views and opinions expressed on this program do not
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Speaker 2: necessarily reflect the views and opinions of five eight WCCHS
0:22
Speaker 2: its employees or WVRC Media. This is Retire Right Radio,
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Speaker 2: a weekly show from John Verdet at Fourth Avenue Financial
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Speaker 2: that aims to answer your questions about financial planning, investing,
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Speaker 2: and how to retire right. Fourth Avenue Financial is located
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Speaker 2: in downtown Charleston at one seventy Court Street. More information
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Speaker 2: online at Fourth Avenue Financial dot com. Join the conversation
0:47
Speaker 2: by calling three oh four three four five fifty eight
0:49
Speaker 2: fifty eight or text three oh four nine three five
0:53
Speaker 2: fifty oh eight. On Retire Right Radio, Let's go live
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Speaker 2: to the studio with host Dale Cooper and John Verdett
1:00
Speaker 2: from Fourth Avenue Financial SUNS. Good morning everyone.
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Speaker 3: You're listening to ask the expert if you've seen HS
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Speaker 3: The voice of Charleston retire Right Radio on this Monday
1:12
Speaker 3: morning is the Monday. I was gonna say the first
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Speaker 3: Monday before Christmas, but I guess there's only I guess
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Speaker 3: there's a bunch of money fifty one mondays before Christmas
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Speaker 3: or something, right, But anyway, this is the Monday directly
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Speaker 3: before Christmas. John bre Debt from Fourth Avenue Financial is
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Speaker 3: joining me in studio this morning. How you doing this morning, John.
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Speaker 4: I'm doing great. Just trying to get warm.
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Speaker 3: Yeah, well, believe me. In this building and depending on
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Speaker 3: where you're at, that has different different challenge levels. In
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Speaker 3: this studio, it's okay and not too bad to get warm.
1:36
Speaker 3: And this my office is a little chilly this morning,
1:38
Speaker 3: to be honest with you, But that's that's okay, man.
1:41
Speaker 3: I've had two vacation weeks in the last five weeks,
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Speaker 3: so I'm a little bit. I feel like I haven't
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Speaker 3: mid on radio a whole lot. Usually I feel like
1:47
Speaker 3: I'm on the radio all the time, and so it's
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Speaker 3: it's kind of interesting to sit in here and be like, Okay,
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Speaker 3: I remember how to do these things. Here's the buttons,
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Speaker 3: here's the mic. I think that we can do a
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Speaker 3: little bit of radio this morning.
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Speaker 4: Well, I don't know much about your panel over there,
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Speaker 4: but I know those two red buttons being were on the.
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Speaker 3: Everywhere on right. Did you have to tell Dave that
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Speaker 3: last week? Just make sure those buttons are one. Appreciate
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Speaker 3: Dave weekly filling in for for me last week and
2:07
Speaker 3: sitting in with John and and they've done a show
2:09
Speaker 3: a few times together now and Dave loves this this
2:11
Speaker 3: sort of topics. So I hope you enjoyed that we
2:13
Speaker 3: got We've got some questions last week while Dave was
2:16
Speaker 3: doing the show, So if you want to get on
2:17
Speaker 3: that vein this morning, you can do that as well.
2:18
Speaker 3: You can text over your questions if you wish. Three
2:20
Speaker 3: zero four non three five five zero zero eight three
2:22
Speaker 3: zero four non three five five zero zero eight. You
2:25
Speaker 3: can also get a hold of us on the office line,
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Speaker 3: the office line number three zero four three four two
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Speaker 3: eight one three one three zero four three four two
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Speaker 3: eight one three one. Asked to talk to the expert,
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Speaker 3: and we'll get shopped back to the studio. After the
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Speaker 3: first year. We'll have our our old the number that
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Speaker 3: we've had for like one hundred years back, the fifty
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Speaker 3: eight fifty eight line. That number works. It just doesn't
2:41
Speaker 3: come into this studio for a show, and it's you'd
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Speaker 3: have to if you if you have questions, contact me.
2:47
Speaker 3: I'll give you the tour of the place and you'll
2:48
Speaker 3: see how you'll see how it works. Over here you
2:51
Speaker 3: can find out more about Fourth Avenue Financial one line.
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Speaker 3: It's Fourth Avenue Financial dot com. Fourth Avenue Financial dot com.
2:56
Speaker 3: You spell out the whole thing note for thh here
2:58
Speaker 3: it's fourth Avenue find dot com. Spell that out online.
3:02
Speaker 3: You can find it spelled out on Facebook and you
3:04
Speaker 3: can find it there as well. You like the page.
3:06
Speaker 3: John has things that are coming up with the business,
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Speaker 3: including we're still going to do some of the Saturday
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Speaker 3: meetings coming up after the first of the year, right.
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Speaker 4: Yes, we are. It'll it'll be uh, I'm guessing because
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Speaker 4: I'm going out of town early January, so so mid
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Speaker 4: January we'll be looking at having the first one and
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Speaker 4: we'll announce that on Facebook so you can find out
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Speaker 4: information about it. But it'll be down at on D
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Speaker 4: Street in South Charleston and my wife's Vintage and Vines
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Speaker 4: Mercantile and we have a meeting room up there and
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Speaker 4: little coffee and doughnuts and and a good conversation.
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Speaker 3: I'm looking forward to that, So we'll keep you informed
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Speaker 3: when John gets a date for that and everything. But
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Speaker 3: you could keep an ear out for that and also
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Speaker 3: an eye out for it if you go to Facebook,
3:46
Speaker 3: like the page of their fourth Avenue Financial dot com
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Speaker 3: call us this morning three zerre four, three, four, two, eight,
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Speaker 3: one three one or text threes are four nine, three, five,
3:52
Speaker 3: five zeros or eight. So I feel like there's a
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Speaker 3: lot of ground that you probably covered with Dave and
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Speaker 3: Dave while I was gone but still catching up things
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Speaker 3: post election, getting ready to get into the new year.
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Speaker 3: I'm not as doubt into a lot of this stuff
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Speaker 3: as what I have been recently.
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Speaker 4: The markets has, you know, had a little reference cause right, yeah, yes,
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Speaker 4: I mean we've we've essentially the election is over, Euphoria
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Speaker 4: has has faded, and we're back into uh, just looking
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Speaker 4: at earnings and looking at interest rates and and that
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Speaker 4: sort of thing.
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Speaker 3: Was the Fed announcement that they're anticipating two cuts only
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Speaker 3: next year a little bit of a surprise, or.
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Speaker 4: I don't think. I don't think it was so much
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Speaker 4: a surprise, but it is a change that the market anticipated,
4:38
Speaker 4: and and I think that is. You know, for the
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Speaker 4: last month or so that that's what's been somewhat weighing
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Speaker 4: on the market. Those expectations have definitely shifted. That's changed
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Speaker 4: the interest rates and the bond market a little bit.
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Speaker 4: And you know, we're still looking for lower rates next year.
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Speaker 4: Just the pace is going to be much much slower
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Speaker 4: than people. Well I thought that they might be, you know,
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Speaker 4: six months ago, for.
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Speaker 3: Instance, right right, I this from doing this show, this
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Speaker 3: is and and uh, I can I can do simple
5:09
Speaker 3: parlor tricks. And so I was talking to my wife
5:12
Speaker 3: on the morning after the FED the FED met, and
5:15
Speaker 3: she just kind of I guess she was reading the
5:16
Speaker 3: news or something. She was like, oh, they're they're cutting
5:18
Speaker 3: interest rates. They're announcing they're cutting two interest rate or
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Speaker 3: interest rates twice next year. And they cut it, uh
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Speaker 3: twenty five dayss points this time. I was like, ooh,
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Speaker 3: is that all that? That's nowhere, that's not above what
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Speaker 3: the expectation was. I bet the market goes down a
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Speaker 3: little bit today. She was like what. And I'm like,
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Speaker 3: I don't know. I think the market might cout today.
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Speaker 3: It did later in the day. She was like, how
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Speaker 3: did you know. I'm like, it's It's like there was
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Speaker 3: the anticipation was bathed in. There was no good news there,
5:42
Speaker 3: so people there was going to be either a flat
5:43
Speaker 3: day or down day, I think. And so one time
5:46
Speaker 3: out of a million, she was like, wow, you actually
5:49
Speaker 3: learned something on your show.
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Speaker 4: And then she was like, what how did you invest
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Speaker 4: in that?
5:53
Speaker 5: Yeah?
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Speaker 3: I was like, I I didn't. I invested in telling
5:55
Speaker 3: you about it. And you don't want to chase that
5:59
Speaker 3: kind of thing anyway, of course, But it's I just
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Speaker 3: it was interesting when I when because we've talked about
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Speaker 3: it on the shows, like, well, that's not you know, uh,
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Speaker 3: that's not the outpacing expectations. That's uh if that's right
6:10
Speaker 3: in the pocket at best.
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Speaker 4: Well, and inflation is proven a little sticky here lately too.
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Speaker 4: I mean it's it's way down from where where it was,
6:19
Speaker 4: but the rate is still inflated a little bit. And uh,
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Speaker 4: it's interesting. We had talked about the sticky part of
6:26
Speaker 4: inflation being housing. Well, housing is finally starting to fall,
6:30
Speaker 4: but now some of the consumer sections, consumer sections of
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Speaker 4: that that inflation number are coming in a little hot,
6:38
Speaker 4: and and you know that is uh, I mean not
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Speaker 4: anything to be overly concerned about but it's certainly something
6:46
Speaker 4: that has tempered the interest rate expectations quite a bit.
6:50
Speaker 3: I know that it's still a uh, it's such a
6:54
Speaker 3: Now that the election is over, I feel like that
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Speaker 3: we can talk about this and and people won't try
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Speaker 3: to to off skate it with their own overlay of
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Speaker 3: what the politics should be. But it is still pretty
7:04
Speaker 3: amazing to me that after all this time, that around
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Speaker 3: Christmas time, election's over already, so there's no real reason
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Speaker 3: to like lean into crazy narratives or anything else. People
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Speaker 3: talking about the economy and everything else is like, well,
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Speaker 3: the price of a Christmas dinner is actually six dollars
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Speaker 3: cheaper than it was last year, so the economy, everybody's
7:20
Speaker 3: doing great. Man. Although the sentiment has improved since the election,
7:25
Speaker 3: just because of the magic of elections, there still is
7:28
Speaker 3: a very tone deaf assessment that people are making. It's like, oh,
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Speaker 3: you know, groceries are six dollars cheaper than what they
7:33
Speaker 3: were last year, so everything's great again. Well, that's not
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Speaker 3: exactly how things work in the minds of the way
7:37
Speaker 3: people anticipate these things.
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Speaker 4: Right, and of course sometimes too the economy, the perception
7:43
Speaker 4: can become reality though too right, exactly. So if there
7:48
Speaker 4: was a survey out about small business optimism and it's
7:55
Speaker 4: spiked incredibly high since the election, it's amazing. So you know, now,
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Speaker 4: well that play out? I don't know, but if everyone
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Speaker 4: is optimistic, maybe they invest or expand or hire people
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Speaker 4: or you know, you know, you know, you're more likely
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Speaker 4: to do those things if you're optimistic, and so some
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Speaker 4: kind of sometimes it's self fulfilling.
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Speaker 3: Another interesting part of that discussion is when and I
8:21
Speaker 3: know this because of the show that we've done and
8:23
Speaker 3: we've had to follow these things along for a long time,
8:25
Speaker 3: what the government considers small businesses I think is largely
8:28
Speaker 3: different than what the average person on the street considers
8:31
Speaker 3: a small business. So when they hear that small business
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Speaker 3: sentiment is up, they don't necessarily mean kinship goods down
8:36
Speaker 3: the street is who they surveyed, and that's who, and
8:39
Speaker 3: that's who sentiment is up from. It might be. I'm
8:40
Speaker 3: not saying it's not. I'm just saying that small businesses
8:43
Speaker 3: to the average person is still a relatively large company
8:45
Speaker 3: A lot of the time.
8:46
Speaker 4: Oh yeah, yeah, I mean there are all kinds of
8:48
Speaker 4: what I've what I consider large businesses that are private
8:52
Speaker 4: privately owned hundreds of employees. You know, that's still a
8:55
Speaker 4: small business now.
8:56
Speaker 3: WVRC Media for example, Yeah, we're we were fairly large,
8:59
Speaker 3: but we're a considered a small business and and uh
9:02
Speaker 3: in a lot of areas anyway. I just think that
9:04
Speaker 3: it's interesting the way that these uh, that these things
9:06
Speaker 3: that have played out over time, and we see like
9:09
Speaker 3: these uh, these abandon narratives. And the one thing that
9:12
Speaker 3: I guess we always we always have to instill with
9:17
Speaker 3: people not to follow the headlines, not to be worried
9:19
Speaker 3: about different things. If there's a potential paradigm shift, like
9:22
Speaker 3: we're talking about the potential of tariffs being overlaid on
9:26
Speaker 3: top of what's going on here, a completely different philosophy
9:29
Speaker 3: on how to to to manage that sort of things.
9:31
Speaker 3: That's what people voted for. If that's what happens, it's
9:34
Speaker 3: that's what you voted for. So that's fine. That's where
9:35
Speaker 3: the country may be headed once things are laundered through Congress.
9:39
Speaker 3: That's usually not the way it works out, but we'll
9:41
Speaker 3: see as far as it goes. Is that anything that
9:43
Speaker 3: that somebody who is investing for retirement, that that they
9:46
Speaker 3: have a they have an advisor maybe they're doing their
9:48
Speaker 3: souls whatever. Is that something you have to be aware
9:50
Speaker 3: of it all. I mean, do you have to keep
9:51
Speaker 3: a keep a radar up, like, Okay, there are some
9:53
Speaker 3: potentials here for a reallocation that I need to look at.
9:57
Speaker 4: Well, yes, But the problem is it's hard to chasing it,
10:03
Speaker 4: separate the rhetoric with what might actually happen and knowing
10:07
Speaker 4: what might actually happen. So so like right now with
10:11
Speaker 4: the with the tariffs and things of that nature, I
10:15
Speaker 4: think largely Wall Street quote Wall Street analysts things like
10:21
Speaker 4: that believe that much of the talk around that is
10:27
Speaker 4: setting up for negotiation and that it will probably be
10:34
Speaker 4: focused mainly on you know, the the the abusers of
10:39
Speaker 4: the trade system China for instance. You know all of
10:43
Speaker 4: the problems we've had with Shaina and trade and intellectual
10:46
Speaker 4: property being stolen and.
10:48
Speaker 6: Things of that nature.
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Speaker 4: You know, some sort of a punishment for that, rather
10:54
Speaker 4: than a broad policy that sometimes is talked about. Now,
10:58
Speaker 4: if it becomes a broad PAS and then there's retaliation,
11:02
Speaker 4: you know that that is a kind of a wild
11:05
Speaker 4: card on how that how that will play out. If
11:10
Speaker 4: you look at the stocks that that you know have
11:13
Speaker 4: done well since the election, or since all of these
11:16
Speaker 4: things have have been talked about, they tend to be
11:20
Speaker 4: smaller and more domestic oriented companies, which also were the
11:25
Speaker 4: companies that were largely left behind in the in the
11:29
Speaker 4: rally we've had the last couple of years. So you know,
11:32
Speaker 4: some of it may just be catch up and some
11:33
Speaker 4: of it may be just reallocation that people are looking, Okay,
11:36
Speaker 4: if this happens, what what areas should we be in?
11:40
Speaker 4: You know, the reality is, though a diversified portfolio should
11:43
Speaker 4: have those pieces in it anyway, and and you should
11:47
Speaker 4: be making sure that your allocations are appropriate for your
11:51
Speaker 4: stage in life. But you know, other than maybe putting
11:57
Speaker 4: your finger and adding a little weight here or there,
12:02
Speaker 4: probably not large changes to those type of things. If
12:04
Speaker 4: you're in a particularly a retirement distribution phase, it's it's
12:10
Speaker 4: very risky to go all in one one sector because
12:14
Speaker 4: you think something is going to happen, because quite often
12:16
Speaker 4: it doesn't work out exactly the way you planned.
12:19
Speaker 3: And quite frankly, to kind of answer my own questions
12:22
Speaker 3: in a lot of ways, because you address this on
12:23
Speaker 3: this program a lot, if you're if you're allocated properly
12:26
Speaker 3: and balanced properly in things along those lines changes like that,
12:30
Speaker 3: even if you do ultimately somewhere by the during the
12:33
Speaker 3: process of the thing, if you have to make some movement,
12:35
Speaker 3: but if you're allocated properly, you're going to have the
12:37
Speaker 3: safeguards in place. Anyway, You're going to be okay as
12:39
Speaker 3: far as those things go. And then long term, if
12:40
Speaker 3: there's some changes you have to make or whatever, just
12:42
Speaker 3: like in the pro interest rates to the negative interest
12:46
Speaker 3: rate environment, you know, you find things that you need
12:48
Speaker 3: to do to use other tools, but if you're allocated correctly,
12:50
Speaker 3: you're not going to be in any emergency situation necessarily.
12:53
Speaker 4: Yeah, I think it is likely that we're going to
12:57
Speaker 4: get in in more of a stage where it's the
13:00
Speaker 4: uh uh, you know, the proof's got to be in
13:02
Speaker 4: the pudding for companies to do well in the market.
13:07
Speaker 4: Much of much of the market growth in the last
13:12
Speaker 4: couple of years has come from multiple expansion, you know,
13:16
Speaker 4: the the price to earnings ratio expansion, and some of
13:19
Speaker 4: these companies have have really gone up faster than their
13:24
Speaker 4: earnings actually have have risen. And for the market to
13:29
Speaker 4: continue to go up, you know, one would think there'd
13:32
Speaker 4: have to be a little bit of catch up there
13:35
Speaker 4: where you know people are going to look. Are these
13:37
Speaker 4: earnings coming in as we planned? Are they coming in strong?
13:42
Speaker 4: The good news is the projections are that they that
13:45
Speaker 4: they are they should this year. That doesn't mean it
13:48
Speaker 4: will happen, but most of the analyst expectations is for
13:51
Speaker 4: an acceleration of corporate earnings. So we'll see if that
13:56
Speaker 4: plays out. But but for the market to reach these
13:59
Speaker 4: you know, like we've kind of come accustomed to the
14:01
Speaker 4: last couple of years where every time you turn around,
14:04
Speaker 4: we're at new highs. You know, it's going to be
14:07
Speaker 4: predicated on actual earnings growth most likely in the in
14:12
Speaker 4: the future, just because of where multiples are in the
14:15
Speaker 4: marketplace for many of the particularly large large tech socks.
14:19
Speaker 3: That's great information with John Burdett for Fourth Avenue Financial.
14:21
Speaker 3: As always, you can get in on the conversation this
14:23
Speaker 3: morning if you'd like. Three zero four three four two
14:24
Speaker 3: eight one three one is our phone number. Threes are
14:26
Speaker 3: A four three four two eight one three one. You
14:28
Speaker 3: can also text over any questions you have to three
14:29
Speaker 3: zero four non three five five zeros erre eight. Threes
14:32
Speaker 3: are A four non three five five zeros R eight.
14:33
Speaker 3: Fourth Avenue Financial located one line, Fourth Avenue, Financial dot
14:36
Speaker 3: comy spout the whole thing, and in downtown Charleston once
14:39
Speaker 3: any Court Street, right across from the Town Center Mall.
14:41
Speaker 3: Their local phone number is three zerre a four seven
14:43
Speaker 3: four six seven on seven seven. I'll give that out
14:45
Speaker 3: a few more times as we get closer to the
14:47
Speaker 3: end of the show. You can call us this morning
14:48
Speaker 3: at three zer a four three four two eight one
14:50
Speaker 3: three one three zero four three four two eight one
14:52
Speaker 3: three one as folks are getting ready and maybe next
14:54
Speaker 3: week will uh we'll do the uh uh whatever you
14:58
Speaker 3: want to do. But one suggestion is maybe do they
15:00
Speaker 3: or don't they for New Year's resolutions for finance, for finances,
15:04
Speaker 3: the things that people shouldn't marry into, maybe things that
15:06
Speaker 3: people necessarily should do. But looking at where somebody is
15:11
Speaker 3: we talked a little bit off air where you had
15:13
Speaker 3: a client that was looking to make some moves before
15:16
Speaker 3: the end of the year, and maybe they got a
15:17
Speaker 3: little bit of a late start on it. We're only
15:19
Speaker 3: a week away from the end of the year now,
15:20
Speaker 3: so you might be a little late if you're trying
15:22
Speaker 3: to do something before the actual calendar turns over to
15:24
Speaker 3: twenty twenty five. But if there are some house cleaning things,
15:28
Speaker 3: is there anything typical that people should look at last
15:31
Speaker 3: real functional week of the year or dates just a
15:34
Speaker 3: date things are going to be fine?
15:36
Speaker 4: Well, I think that at this stage it's hard. It's
15:40
Speaker 4: hard to manage a lot of transactions. I mean, you're
15:46
Speaker 4: up against some deadlines on some things, so it may
15:48
Speaker 4: be difficult. It's probably still doable, but your window is
15:52
Speaker 4: closing fast. But certain things like tax last selling, if
15:58
Speaker 4: you have a lost position your portfolio, you want to
16:00
Speaker 4: take a tax loss, maybe you have gains in the portfolio.
16:04
Speaker 4: Going ahead and cutting the ties was something that hasn't
16:06
Speaker 4: worked out for you can help cancel out some of
16:10
Speaker 4: those gains for tax purposes and and you know, free
16:13
Speaker 4: up that money to redeploy. You know, things like that
16:16
Speaker 4: that that you can still do before the clock runs out.
16:21
Speaker 4: And you know, tax managing a portfolio has a big
16:26
Speaker 4: impact on the on your returns. Ultimately, it's not what
16:30
Speaker 4: you make, it's what you keep it what you make,
16:32
Speaker 4: and uh, you know they're they're you know I personally,
16:36
Speaker 4: I last week I had a stock in my portfolio
16:39
Speaker 4: that that was at a loss that I felt felt like, hey,
16:42
Speaker 4: I don't think this one's this one's coming back, and
16:45
Speaker 4: I'm you know, cut ties with it. Took the tax
16:47
Speaker 4: loss and I'll be able to offset something else that
16:50
Speaker 4: has gained and save the taxes.
16:52
Speaker 3: That's good stuff. We have a break coming up here.
16:53
Speaker 3: Just a moment before we go to the break, though,
16:54
Speaker 3: we have a caller that called in this morning, has
16:56
Speaker 3: a question for John Bridett from Fourth Avenue Financial. Go ahead,
16:58
Speaker 3: you're on the air. What's your first name?
17:00
Speaker 7: Dan?
17:02
Speaker 5: Call?
17:02
Speaker 3: Are you still with me?
17:04
Speaker 7: Yes?
17:05
Speaker 3: What's your first fan? Dan? Okay?
17:07
Speaker 7: Dan? Uh, mister Burdette. I appreciate you guys taking my call.
17:11
Speaker 7: Perhaps a somewhat unusual question. I am trying to help
17:15
Speaker 7: a friend of mine sell a number of record albums.
17:19
Speaker 7: Do you do you do you buy such albums? If so,
17:25
Speaker 7: how does it work?
17:26
Speaker 4: Yeah, yes we do.
17:27
Speaker 5: That's it is.
17:28
Speaker 4: It is a little off off topic subject, but as
17:31
Speaker 4: many of you know because of listening to the show,
17:34
Speaker 4: we talk about it occasionally. Uh. Inside my wife's Vintage
17:38
Speaker 4: and Vines mercantile the back corner, I have a U,
17:41
Speaker 4: I have a record shop, and yes we do buy
17:44
Speaker 4: we do buy uh collections from from.
17:46
Speaker 7: Folks you buy collections? Yes, so I guess you would.
17:52
Speaker 7: You would look at all the records and and give
17:56
Speaker 7: a person a price for the collection.
17:58
Speaker 4: That's correct, okay, yeah, And you know, if it's a
18:04
Speaker 4: if it's a matter of you know, one hundred albums
18:08
Speaker 4: or something like that, on the weekend, you can bring
18:11
Speaker 4: them into the shop and we can meet up with
18:12
Speaker 4: you and take a look at them. If it's a
18:14
Speaker 4: if it's a big collection, you know, a room full
18:16
Speaker 4: of records, you know, we can arrange a time for
18:20
Speaker 4: me to come out and look.
18:22
Speaker 7: So you you might come to someone's home and take
18:24
Speaker 7: a look at if there were enough albums, if there.
18:26
Speaker 4: Were enough, if enough albums, you know, Before I would
18:29
Speaker 4: do that, i'd want to get some pictures of of
18:31
Speaker 4: what you you know, what it looks like, and get
18:35
Speaker 4: an idea of the condition and content, and then we'd
18:38
Speaker 4: schedule something. Okay, so we're doing high finance on the show,
18:43
Speaker 4: aren't we today? That's all right.
18:45
Speaker 3: I never know if you if we're across one of
18:47
Speaker 3: those yesterday today albums or something, that's right.
18:51
Speaker 7: I got one. I got one crate of one hundred
18:54
Speaker 7: and forty two albums. I'm told there's more. I know
18:58
Speaker 7: a little bit about some of them. So there's a
19:00
Speaker 7: couple of interesting, couple interesting ones in there. I'm not
19:05
Speaker 7: sure about a whole bunch of them great albums, but
19:08
Speaker 7: I already have them. Who I don't know. That's why
19:11
Speaker 7: I'm calling you. I appreciate your help. I will be
19:14
Speaker 7: in touch.
19:15
Speaker 4: Okay, that sounds great. I appreciate the call.
19:17
Speaker 3: That's great stuff. Hey, you never know, don't don't count
19:20
Speaker 3: on John funding your retirement though. That's right, that's right.
19:23
Speaker 4: This is this is a you know, kind of a
19:25
Speaker 4: hobby business about on the side. So I have fun
19:28
Speaker 4: doing it.
19:29
Speaker 3: I get so much enjoyment out of it because I
19:31
Speaker 3: ran a used media store for years and years and years.
19:35
Speaker 3: It started as a bookstore, kind of grew with Amazon.
19:37
Speaker 3: We got into records and games and everything else eventually,
19:39
Speaker 3: and I had so many conversations like this. It's just
19:42
Speaker 3: it's a nice memory pick up. Hey, we have a
19:45
Speaker 3: question about bitcoin, bitcoins, ETFs. When we come back, we're
19:48
Speaker 3: gonna be in tech our break. We'll come back to
19:49
Speaker 3: three zero four three eight nine has a question. We'll
19:51
Speaker 3: get to that when we come back. You can get
19:53
Speaker 3: in with your questions as well. Three zero four non
19:54
Speaker 3: three five five zero zero eight, threes are four non
19:57
Speaker 3: three five, five zero zero eight. You can also tech in.
20:00
Speaker 3: You can also call in three zero four, three four
20:02
Speaker 3: two eight one three one three zero four three four
20:04
Speaker 3: two eight one three one. We'll go ahead and take
20:06
Speaker 3: a break and be back after this. You're listening to
20:08
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20:11
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Speaker 3: You're listening soon. Try Right Radio one WHS the Voice
22:55
Speaker 3: of Charleston. I'm del Cooper, John Burdett is here in
22:57
Speaker 3: studio with this this morning and give us a call.
22:59
Speaker 3: We're just looking at some of the weird artifacts from
23:01
Speaker 3: AI video. I don't know if you've seen this. Here's
23:04
Speaker 3: the one I was getting ready to show you before
23:05
Speaker 3: we go on. Check out what happens to the runner
23:06
Speaker 3: at the end of this video. It just turns into
23:09
Speaker 3: like the T one thousand from from and just he
23:12
Speaker 3: just like morphs backwards. He doesn't actually so like these
23:15
Speaker 3: videos that you can get on on the the AI stuff.
23:17
Speaker 3: Now I have the open ah a souno or sorow
23:20
Speaker 3: or soro I think sora is what it's called. And
23:23
Speaker 3: the generation is interesting. You can go in there and
23:25
Speaker 3: you can you can have it generate things and you
23:27
Speaker 3: basically can tell it to do anything. What it interprets
23:30
Speaker 3: it as is a little bit questionable, but the weird
23:33
Speaker 3: thing it gets and because human bodies are so strange, like,
23:36
Speaker 3: it can create a relatively realistic look and environment. But
23:39
Speaker 3: when it comes to actually the nuances of how the
23:42
Speaker 3: human body moves, it can't replicate that. And so you
23:45
Speaker 3: have these weird things with people that are supposed to
23:47
Speaker 3: be turning and instead of turning their body their body
23:49
Speaker 3: just morphs into like from an east west position to
23:52
Speaker 3: a west east position or whatever. It's really strange stuff.
23:55
Speaker 3: But we're seeing things like this one line all the
23:57
Speaker 3: time now.
23:58
Speaker 4: No doubt about it. And really, you know, photographs pictures
24:03
Speaker 4: still pictures. You have to really be careful.
24:06
Speaker 3: They're getting tough.
24:06
Speaker 4: Yeah, it is really tough to tell or things that
24:09
Speaker 4: are pictures that you know, if it makes you scratch
24:13
Speaker 4: your head, it's like, wow, I didn't realize that. You know,
24:15
Speaker 4: you need to do a little more research because oftentimes
24:19
Speaker 4: it's a fake picture.
24:20
Speaker 3: I think what people don't realize is a lot of
24:22
Speaker 3: the the the h the picture and video generations have
24:25
Speaker 3: safeguards that keep you from putting in famous people so
24:27
Speaker 3: you can't spoof stuff. But there's a lot of them
24:29
Speaker 3: out there, and there's tons of them that run legs
24:32
Speaker 3: of these these picture generations that have none of those safeguards.
24:35
Speaker 3: You so you can, if you know where to find them,
24:37
Speaker 3: you can go get them. You can put in whatever
24:39
Speaker 3: celebrity you want, have them generate whatever type of picture
24:41
Speaker 3: you want. Sometimes they look great. Sometimes they have six
24:44
Speaker 3: arms and you're like, oh, that's an AI picture. But
24:46
Speaker 3: you know, if one out of one hundred gets through
24:48
Speaker 3: and we start changing perception on how we believe things.
24:51
Speaker 3: I mean, that's a it's a problem. Yeah, it's a
24:54
Speaker 3: potential problem, you know, problem it is, But that's not
24:57
Speaker 3: what we're talking about this morning. And maybe there's some
24:59
Speaker 3: some investment in there in the future. But AI does
25:02
Speaker 3: remind me of like we've talked about the cutting edge
25:05
Speaker 3: of different things, and we talked about the meme stocks
25:07
Speaker 3: in here, we've talked about bitcoin, and we've been doing
25:09
Speaker 3: this show long enough where we've even seen the bitcoin
25:12
Speaker 3: spikes and the peaks and valleys in the bitcoin. We've
25:14
Speaker 3: seen it here. But I can't remember when it was,
25:17
Speaker 3: but it wasn't all that long ago that we started
25:19
Speaker 3: rolling out some of these ETFs for bitcoins. So if
25:21
Speaker 3: people were curious, if they were a bitcoin curious, they
25:23
Speaker 3: didn't actually actually get into bitcoins. They could get into
25:26
Speaker 3: the people that get into bitcoins. But we did have
25:28
Speaker 3: a caller from the threes or four three nine. I
25:30
Speaker 3: was asking about this, John, what is your opinion on
25:32
Speaker 3: some of the bitcoin's ETFs, such as Bido or any
25:35
Speaker 3: of the others.
25:37
Speaker 4: Well as far as individually, you know, I'm not going
25:40
Speaker 4: to pick one over the other. I will say this,
25:45
Speaker 4: and I may just be turning into an old guy.
25:49
Speaker 4: But you know, but when I look for investment, I
25:53
Speaker 4: try to invest in things that are providing value to
26:00
Speaker 4: someone else. You know, wealth created in the service of others.
26:05
Speaker 4: And when you buy a company that is providing a
26:07
Speaker 4: good or service, innovating, solving a problem, meeting a need,
26:12
Speaker 4: you know there's a value there. And so I try
26:16
Speaker 4: to stick to those type of investments when I'm building
26:18
Speaker 4: portfolios for myself or my clients, rather than chasing those things.
26:23
Speaker 4: You know, Bitcoin is one of those things that you know,
26:27
Speaker 4: who knows how that all plays out and where it
26:30
Speaker 4: will find its way into the way we transact business.
26:35
Speaker 4: You know, it could be that twenty years from now
26:38
Speaker 4: there's no dollar bill and it's all bitcoin for all
26:41
Speaker 4: I know. But what I do know, if that happens,
26:44
Speaker 4: if the companies I own are meeting the needs, solving
26:47
Speaker 4: problems of other people, instead of getting dollars, I'll get
26:51
Speaker 4: bitcoin in return. So I'd rather stick with what I
26:55
Speaker 4: know and let those chips fall where they may. But
27:01
Speaker 4: that's just how I deal with that.
27:03
Speaker 3: Yeah, that seems like I think as long as you
27:06
Speaker 3: could be and people are going to do what they
27:08
Speaker 3: want to do, right. But I think the sober decision
27:10
Speaker 3: making is probably where it's at. And there's we have
27:13
Speaker 3: we have, you know, the dreams of history of things
27:14
Speaker 3: at work.
27:15
Speaker 4: And that being said, you know, my son thinks I'm
27:19
Speaker 4: an idiotic because he told me to buy it when
27:22
Speaker 4: it was you know, a couple hundred dollars for a bitcoin,
27:25
Speaker 4: and you know, I guess in hindsight that would have
27:29
Speaker 4: been wonderful, but there was a high risk and high
27:34
Speaker 4: chance that would go the other direction.
27:36
Speaker 3: I have a project. I haven't had a chance to
27:38
Speaker 3: share this with you. I just now remember this. I
27:40
Speaker 3: did that on hotline a couple of weeks ago and
27:42
Speaker 3: talked about this, but we haven't done a show since
27:44
Speaker 3: I discovered this. So I was doing some cleanup in
27:47
Speaker 3: my house with some areas that I hadn't been gotten
27:50
Speaker 3: to in a while, to be quite honest with you,
27:52
Speaker 3: and I ran across the guts of an old desktop,
27:56
Speaker 3: and after I did some thinking about it, and I
27:58
Speaker 3: was like, man, what the heck is this? From about
28:01
Speaker 3: ninety percent certain that this is the desktop that I
28:03
Speaker 3: brought with me from when I moved back from Michigan,
28:06
Speaker 3: and I basically just kept the guts of it just
28:08
Speaker 3: in case i'd ever have to get on to get
28:09
Speaker 3: you know whatever. And after time, whatever it was that
28:12
Speaker 3: I thought was so important that I needed to get to,
28:14
Speaker 3: I forgot about. Obviously Normally I would just throw the
28:16
Speaker 3: thing away. And I was really really close to throwing
28:18
Speaker 3: away the hard drive and the guts was in this thing.
28:21
Speaker 3: And then it dawned on me years ago, and I
28:24
Speaker 3: mean years ago when bitcoin first became a thing, when
28:26
Speaker 3: it was difficult. You had to download this wallet and
28:29
Speaker 3: get on there and create like a key and you
28:31
Speaker 3: get like two days worth of verification before you get
28:34
Speaker 3: your key back and return to access your world. I'm
28:35
Speaker 3: talking about early I don't know what early, like early
28:38
Speaker 3: two thousands or something. I think when bitcoin like maybe
28:40
Speaker 3: two thousand and five, two thousand and six, seven, some
28:42
Speaker 3: of like that. When these things first started, I bought
28:44
Speaker 3: some sometime or another, you know, just as an experiment
28:47
Speaker 3: because it was like in a service that I was
28:49
Speaker 3: part of. It is like, oh, you need to be
28:50
Speaker 3: into the bitcoin thing. It's like, oh, I better get bitcoin,
28:52
Speaker 3: and I like set up the whole thing, and it
28:54
Speaker 3: was so complicated and convoluted. I just never really messed
28:57
Speaker 3: with it again. But somewhere in there, I have a bitcoin.
29:00
Speaker 3: I don't know if it's a full bitcoin, a half
29:01
Speaker 3: a bitcoin. What the heck it is that's like twenty
29:04
Speaker 3: years old.
29:06
Speaker 4: Well, I would guess that it's probably multiple bitcoins because
29:10
Speaker 4: they were pennies.
29:11
Speaker 3: Yeah, I don't know what. I can't remember, but I
29:13
Speaker 3: know that I set it up, and I know that
29:14
Speaker 3: I bought it. I know that I have possessions somewhere.
29:16
Speaker 4: Supposedly I could be setting in the presence of a billionaire.
29:21
Speaker 3: So my project is is I mean, who has I
29:23
Speaker 3: don't have guts to desktops laying around anymore. You know,
29:26
Speaker 3: I used to build them. I don't have anything like
29:28
Speaker 3: that anymore. I have, like I have like old tablets
29:31
Speaker 3: laying around my house and maybe a laptop. That's about it.
29:34
Speaker 3: So I think that I'm going to go and try
29:37
Speaker 3: to get some pieces and rebuild this computer. See if
29:40
Speaker 3: I can find my bitcoin wallet. I have no idea what.
29:42
Speaker 3: I don't even know what the program was that I now.
29:44
Speaker 3: I mean, it was literally so long ago. I can't
29:45
Speaker 3: remember what I did last week, let alone twenty years ago, but.
29:48
Speaker 4: It did fine, and then knowing the password, you know,
29:50
Speaker 4: you hear those rights. I could about you know, people
29:53
Speaker 4: passing away that have fortunes and bitcoins.
29:56
Speaker 3: I thought about that. I did think about that. In
29:58
Speaker 3: the early two thousands, I had a very clever password
30:00
Speaker 3: I was very very proud of and I used it
30:02
Speaker 3: for virtually everything. So there's probably a decent shot that
30:05
Speaker 3: if I can find the wallet, then I probably know
30:07
Speaker 3: the password.
30:08
Speaker 4: Well, I know that you found it if I never
30:10
Speaker 4: see you again, if the next message you get to
30:13
Speaker 4: me is like like a video call from like an
30:15
Speaker 4: island in Greece, you know, you know what happened to Coop?
30:19
Speaker 3: You know what happened to Coop? Anyway, I'm sure that
30:22
Speaker 3: there's other stories out there like that, But I mean,
30:24
Speaker 3: I thought about this and it just dawned on me.
30:26
Speaker 3: When I saw this thing, I was like, what could
30:28
Speaker 3: could I possibly find it? And if I could, what
30:29
Speaker 3: can the value of that thing? I have no memory
30:32
Speaker 3: of what it was, but I don't think that they
30:33
Speaker 3: even sold them in fractions back then. You know, it
30:36
Speaker 3: was probably at least a full one or multiple full
30:38
Speaker 3: ones because they didn't cost anything.
30:40
Speaker 4: Well, I mean, my son had lots of them. At
30:43
Speaker 4: some point in time, and they kind of went different areas,
30:46
Speaker 4: different ways, but yeah, they were you know, you weren't
30:49
Speaker 4: buying fractional you know, if you put one hundred bucks
30:52
Speaker 4: in it. You had a lot of them back then.
30:55
Speaker 4: I can remember my son trying to get me to
30:58
Speaker 4: buy one. We were in Phoenix during COVID when COVID started,
31:05
Speaker 4: and they had back then, they had these ATMs that
31:09
Speaker 4: you could go and trade money in for bitcoin, and
31:14
Speaker 4: he had convinced, well, he had convinced mom that if
31:18
Speaker 4: it got to three thousand, that we'd buy one just
31:23
Speaker 4: to see what happened. And we didn't because it only
31:25
Speaker 4: got to like thirty one hundred. I think while we
31:28
Speaker 4: were there, Like to say, this was during COVID, it
31:31
Speaker 4: had collapsed, you know, with the markets and everything, and yeah,
31:36
Speaker 4: I mean, you know that three thousand would be you
31:38
Speaker 4: know whatever, one hundred thousand to day.
31:40
Speaker 3: I have a buddy of mine that he was so
31:42
Speaker 3: far ahead of his time that it's a shame that
31:45
Speaker 3: he didn't think about this. Later on. He had this
31:46
Speaker 3: idea and again this was around the same time because
31:49
Speaker 3: this is what got us starting to talk about bitcoin
31:50
Speaker 3: and stuff. He had this idea that he was going
31:53
Speaker 3: to create designer money clips, like just real fancy designer
31:57
Speaker 3: money clips, and that you could only buy him with
31:59
Speaker 3: a bitcoin. That was like his whole thing. I mean,
32:01
Speaker 3: he actually put the specs together, he sent it off
32:03
Speaker 3: to like a place in Malaysia, he got like versions
32:06
Speaker 3: of him made the whole time. I mean, it was
32:07
Speaker 3: like he legitimately was going to do it. He never
32:09
Speaker 3: quite pulled the trigger on putting it together. But I'm thinking,
32:11
Speaker 3: man today, that that kind of business would probably make
32:13
Speaker 3: if you were an online influencer selling special money clips
32:16
Speaker 3: and then and then it was like associated with bitcoin
32:19
Speaker 3: in some way, you'd probably make a billion dollars in
32:21
Speaker 3: a minute doing that today.
32:22
Speaker 4: Yeah, I don't know, you know, it could be the
32:27
Speaker 4: thing that we're all using twenty years from now for
32:29
Speaker 4: all on.
32:29
Speaker 3: You never know, right, But I don't.
32:32
Speaker 4: I don't feel like I have to guess, you know,
32:35
Speaker 4: if I own companies that are valuable, I feel like
32:39
Speaker 4: I'm going to be okay no matter how we trade it.
32:43
Speaker 3: And although the dollar is worth a different relative amount
32:46
Speaker 3: today than it was, you know in the seventies, it's
32:48
Speaker 3: still a dollar that spends well.
32:50
Speaker 4: I've you know, I've never had a problem with my
32:53
Speaker 4: money being in a bank and you know, not knowing how.
32:57
Speaker 3: To get it. Yeah, forgetting your password.
33:00
Speaker 4: So you know, I just it's hard for me to
33:05
Speaker 4: see the utility because it's just right now, it's clunky, and.
33:08
Speaker 3: It almost seems harder. Everybody talks about how much easier
33:10
Speaker 3: it makes everything. It makes everything so much harder. The
33:12
Speaker 3: right way things are right now.
33:13
Speaker 4: I just don't see it. But that's me, and you
33:16
Speaker 4: know that's my fifty year old eyebass looking at the situation.
33:19
Speaker 3: Well, the same agent, that's what that's I mean, I
33:21
Speaker 3: lean into your expertise, but I get that feeling as
33:24
Speaker 3: far as that goes. We have another question online, this
33:26
Speaker 3: from the three or four four to one five John.
33:28
Speaker 3: My sister who is seventy is thinking about doing something
33:30
Speaker 3: with her four to one case since she's earned significantly
33:33
Speaker 3: in it, but the fluctuation has bothered her. Is it
33:35
Speaker 3: a good idea and what might be her options?
33:38
Speaker 4: Well, the best option is to give us a call
33:41
Speaker 4: and we'll sit down and talk about what's bothering her,
33:45
Speaker 4: what how it's allocated currently, and how she's going to
33:50
Speaker 4: use the money in the future. You know, if it's
33:52
Speaker 4: a retirement account. It's seventy three. Even if she's not
33:55
Speaker 4: drawing down on it, she'll have to start drawing required
33:59
Speaker 4: minimum distrybutions at age seventy three. And so even that
34:04
Speaker 4: may warrant a change in the portfolio because it's going
34:07
Speaker 4: from an accumulation stage to a distribution stage at that point.
34:11
Speaker 4: So it it it's a sounds like it's a good
34:14
Speaker 4: time to set down and just take a good look
34:17
Speaker 4: at that portfolio. And you know, we can do an
34:21
Speaker 4: introductory call. There's no charge for that and the initial meeting.
34:26
Speaker 4: Be happy to do that.
34:28
Speaker 3: It's outstanding stuff. So if you want to get a
34:29
Speaker 3: hold of Johnberdead, of course, the phone numbers three zerre
34:32
Speaker 3: A four seven four six seven non seven seven three
34:34
Speaker 3: zero four seven four six seven non seven to seven
34:36
Speaker 3: fourth Avenue Financial on line. You's about the whole thing.
34:38
Speaker 3: Located at one seventy Court Street, downtown Charleston, one seventy
34:41
Speaker 3: Court Street, right across from the Town Center Mall. Again
34:43
Speaker 3: the phone number three zero four seven four six seven
34:45
Speaker 3: non seven seven. And that's not an uncommon question, and
34:47
Speaker 3: really it's a good question, you know, because you are
34:50
Speaker 3: kind of at that place, like you said, you're near
34:52
Speaker 3: the point where you have to start. You're going to
34:54
Speaker 3: have mandatory that you're going to have to start making
34:56
Speaker 3: withdrawals from it. If you need to make sure that
34:58
Speaker 3: you have things u sequence properly, if you're a little
35:01
Speaker 3: nervous for some reason or another, whatever it might be,
35:03
Speaker 3: that's exactly the type of reason you're there for. This
35:05
Speaker 3: person's mature in their retirement, of course, but you can
35:07
Speaker 3: still help in those regards.
35:09
Speaker 4: Oh absolutely. I mean there are many many people who
35:12
Speaker 4: have been very successful building portfolios through their four oh
35:15
Speaker 4: one K. They retire and they just don't change anything
35:20
Speaker 4: because it's worked in the past. Well, the problem is
35:23
Speaker 4: their stage of life is changing and their needs are changing,
35:27
Speaker 4: and the portfolio should adjust to that. If it does not,
35:32
Speaker 4: it introduces risk that weren't there when they were maybe
35:36
Speaker 4: forty years old in saving because of how you're using
35:39
Speaker 4: the money, or maybe be forced to use the money.
35:41
Speaker 4: Like I say, with the required distributions at seventy three,
35:44
Speaker 4: you're going to have to start taking withdrawals from the money.
35:47
Speaker 4: The math changes when you do that. It's no longer
35:51
Speaker 4: dollar cost averaging in Now you've run the risk of
35:54
Speaker 4: the timing of the returns as it's being pulled out.
35:57
Speaker 3: Now, that's great information and great questions to kind of
35:59
Speaker 3: wrap up the day. If you had one you wanted
36:01
Speaker 3: to try to get in before we wrap up the show,
36:02
Speaker 3: you can try to do so at three zero four
36:04
Speaker 3: non three five, five zero zero eight threes are a
36:06
Speaker 3: four nine three five five zeros or eight. Appreciate everyone
36:08
Speaker 3: contributing to the show this morning and asking your questions,
36:11
Speaker 3: and want to make sure that we get our information
36:13
Speaker 3: out there one more time. So next next Monday will
36:15
Speaker 3: be the Monday before New Year's regular show. Next Monday
36:18
Speaker 3: regular show, we have a regular show then, So if
36:19
Speaker 3: you have any of your questions and you don't get
36:21
Speaker 3: a chance to talk to John before, then you can
36:23
Speaker 3: save them up for next Monday show and give us
36:24
Speaker 3: a call. We'll be back here at eight twenty for
36:27
Speaker 3: the final episode of Retire Right Radio for twenty twenty four.
36:29
Speaker 3: Seems wild man. This year has gone so quick in
36:32
Speaker 3: a lot of ways.
36:32
Speaker 4: Yeah, with these dates clicked by, it's like I'm expecting
36:35
Speaker 4: Buck Rogers to show up. These dates seem crazy.
36:39
Speaker 3: My wife and I celebrated our twelfth anniversary this weekend
36:42
Speaker 3: and for the first time my daughters six, and every
36:45
Speaker 3: year for our anniversary we've arranged for a grand pair
36:47
Speaker 3: or something to watch her who we could go out.
36:49
Speaker 3: We just had to just take her with us this week.
36:51
Speaker 3: So when we went to Phaseos on Saturday night and
36:56
Speaker 3: had a nice anniversary dinner over there, and my wife
36:58
Speaker 3: or my daughter who's six, she was adamant about taking
37:02
Speaker 3: a photo of us. She's like, mommy, dad, I want
37:04
Speaker 3: to take I want to take a picture. She took
37:05
Speaker 3: my phone and had us pose. She put us together
37:07
Speaker 3: in the picture, arranged it, got the picture up, took
37:10
Speaker 3: a pitt It's one of the best pictures it's ever
37:12
Speaker 3: been taken. My wife and I it was the cutest
37:15
Speaker 3: thing in the world that my daughter was, That my
37:17
Speaker 3: daughter was able to do that. It's cute stuff. It's
37:20
Speaker 3: cute stuff. I love, I love I love that. But
37:23
Speaker 3: it just goes to show you just how quickly time
37:25
Speaker 3: goes by. Man. I can't believe that six years since
37:28
Speaker 3: she's been born, twelve years since I married my wife,
37:31
Speaker 3: time just goes by so quick. I'm married her during
37:33
Speaker 3: the Obama administration. You know, things things move quickly. Man.
37:37
Speaker 3: It seems like it wasn't there all that long ago,
37:39
Speaker 3: and we get the information out there one more time.
37:41
Speaker 3: Retire Right Radio is every Monday morning at eight twenty
37:44
Speaker 3: right here on five ad WHS. You can catch the
37:46
Speaker 3: podcast online at WCHS network dot com slash retire right.
37:49
Speaker 3: You can subscribe to it there and get it every Monday.
37:51
Speaker 3: If you don't get a chance to listen to it
37:52
Speaker 3: live on the radio, Joumber Deck can be found at
37:55
Speaker 3: Fourth Avenue Financial, Fourth Avenue Financials at one seventy Court Street,
37:57
Speaker 3: Downtown Charleston, one line, Fourth Avenue Financial Talk you spell
38:00
Speaker 3: out the whole thing Fourth Avenue Financial dot com. Do
38:02
Speaker 3: that same search on Facebook and like it over there
38:04
Speaker 3: to be kept up to date with all of the information,
38:07
Speaker 3: including the upcoming Saturday meetings that John's gonna be putting
38:10
Speaker 3: together through Fourth Avenue Financial. The phone number three zero
38:12
Speaker 3: four seven four six seven nine seven seven three zero
38:15
Speaker 3: four seven four six seven on seven seven one last
38:17
Speaker 3: time three zero four seven four six seven none seven seven,
38:20
Speaker 3: John thinks a bunch of your time. Really appreciate it,
38:21
Speaker 3: all right, Thank you.
38:22
Speaker 4: Merry Christmas every much.
38:23
Speaker 3: Have a merry Christmas to you your family, and we'll
38:25
Speaker 3: see as we get ready to approach twenty twenty five.
38:28
Speaker 3: Next week sounds good. Have a great day everyone. One
38:30
Speaker 3: five A w c HS, the Voice of Charleston. Five
38:47
Speaker 3: Baby w c HSATY six point five.
38:49
Speaker 5: That's on Charleston one O four point five Crossley, don't
38:52
Speaker 5: u VRC Media Station. We are proud to live here too.