How much a new report say consumers pay over their lifetime in fees to Financial Service companies, from bank fees to investment fees. When you look at them individually they may seem small, a fraction of a percent. But here and there, but those fees add up to new i popping number. For more on the number what you can do to pay less, ric edelman, ceo of edelman financial and also claire, who is the author of the book, frugal is not cheap. Get to what the fees are in just a second. First, 155,000, that is more than most people have saved for retirement. What do you make of that number . Yeah, it is shocking, gerri. I think one of those cases where youre dying by a thousand cuts. I dont think anybody notices to pay much attention. It is penny here, a dollar there, over a lifetime it is astonishing how much it adds up to. I dont think anyone has noticed. Gerri 760 bucks each and every year in fees. I turn to you now, when you look at these numbers, what do you make of them . I mean who is charging them . Seems to me we should be in the business of figuring out how to pay less. I believe we can. 155,000 is a lot. Not all fees are bad. That sound strange. There are at love fees we paid for because we decided it is worth it to us. Gerri what fees do you advocate, claire . Problem happens, for example, you pay a fee for to ticketmaster, if you want the tickets delivered electronically. But youre making a conscious decision about that purchase. The problem is these fees are happening and people arent paying attention so they gerri that is absolutely true. Not making conscious decisions on their money. Gerri lets focus though if we can on financial fees, bank fees, fees charged by your 401 k . I said total you pay over lifetime is more than most people saved for retirement, ric. What can folks do to reduce cost of retirement savings, manage retirement saveings . The good news, gerri, it is easy to fix this the world of mutual fund has changed dramatically over the last decade or some now you have index fund that are dirt cheap. You have Exchange Traded fund, equally inexpensive. The average Retail Mutual Fund costs 1. 3 per year. But the typical Exchange Traded fund is not 1. 3. It is 0. 3. You can save massive amounts of money. The department of labor says by cutting your costs from 1. 3 to 0. 3, increases your retirement balance by 28 . You can create hundreds of thousands of dollars shifting to index fund and etfs. You get the same results at a dramatically lower cost. Gerri dramatically lower cost. Rick, we had guests on the show that people waste 70,000 paying fees for retirement fund, 401 k fund they dont have to. Obviously there is a lot of money to be saved there. Right. Gerri claire, to you, i want to turn to credit cards. You made point at top people pay fees they dont have to. Imagine debt on credit card of 5,000 bucks and making minimum Monthly Payment of 200. Average Interest Rate is 16. 5 . The total in interest you would pay over the term of paying off that debt would be half of what you owe, and Repayment Period is 10 years. That is just astonishing. What should people be doing with their Credit Card Debt . What i say in my book, people need to remember these three words. Everything is negotiatable. So, you need to be doing your research. What are the fees for Comparable Services . Do your homework. Shop around. Dont be afraid to be assert tiff and go back to companies you want to do business with and ask for reductions or elimination of fees. You can ask for reduction of fees. Ask for reduction in Interest Rate youre paying. At end of the day, faster you pay less you will pay. I know that is true. Rick, i want to go back to what you were saying about 401 k s. We have a grateful screen and i want to share. If youre paying half a percent on fees on 401 k , 35 years that is 227,000. If you pay 1. 5 , it is 163 thiazole. So, big differences depending what you should pay. What is right amount of fees to pay on 401 k . In investments, in your 401 k and other savings accounts, and such, you shouldnt be paying more than onehalf of 1 . For many of your investments, you should be paying dramatically less,. 2 or point. 3 . It is not expensive to manage money these days. Buying Exchange Traded fund doesnt cost what it used to cost. Thanks to technology and computers. It is really inexpensive. You should not pay exorbitant expenses is. Dealing with a stockbroker or Insurance Agent or advisor banker, they get you high expensive investments and how they get compensated. Shop around, talk to advisors who offer you very low inexpensive alternatives. Gerri like i said at the top of this interview. Fees are high. You can pay virtually anything for services. Up to you to make sure you get the best deal. Rick and claire, thank you for being with us tonight. Really appreciate your time. Now we want to know what you think. Here is our question tonight. Do you pay too much in financial fees . Log on to gerriwillis. Com. Vote on righthand side of the screen. I will share results at end of tonights show. From your Financial Health to your physical health, we are turning now to a serious medical mystery that is affecting hundreds, if not thousands of children throughout the midwest. A rare respiratory virus starts out similar to a cold but it could turn deadly. With me now, dr. Mary jane jackson. She is director for Infectious Diseases at childrens Mercy Hospital in kansas city, missouri, which reported nearly 500, 500 suspected cases of this virus. Doctor, welcome, great to have you here. Youve said that you have practiced 30 years in pediatrics and you have never seen anything like this. Describe this virus to us . So this virus had its onset probably midaugust and we were seeing children with unusually severe respiratory track infections that resulted in unusually severe asthma attacks, placing children in the hospital and children into your Critical Care unit. Okay. So, super serious. Youve had hundreds of kids right there in missouri. My understanding missouri is ground zero for this disease. What is it . Is it kids going back to school . Whats going on . Well im not sure. Im not sure that kansas city is ground zero either. I think at time we identified these children it was very early in the epidemic but we had links with your cdc collaboratives and were able to define the virus as 68 early on. The chief of emergency medicine, greg connors and one of my partners place ad query on serves that go to pediatric emergency medicine and Infectious Disease doctors across the country. We realized very quickly they were seeing same thing we were seeing. Gerri slow down for a second. Were trying to keep up with you. Lots of lingo there we dont necessarily understand. What i hear you saying is this thing is all over the place, not just missouri. Correct. Gerri colorado, georgia, ohio, kansas, oklahoma, kentucky. A lot of people affected. There are people being affected all over the country. Tell us more how this thing spreads and whether there is solution. Is there a vaccine . How are you treating the kids . The virus is spread by persontoperson contact and the precautions that were using for hospitalized children are both contact and droplet. But any type of interaction that brings close contact with children will likely spread this virus. Now, there is not a vaccine. There is not an antiviral. There is medicine for influenza. We have neither there. All the care is supportive. Which means for children most seriously ill were providing oxygen, bronco dial late tores, steroids and other modalities. Children in the intensive care unit, noninvasive ventilation in our facility. Gerri okay. For parents this is wide spectrum, we know children, many are having as simple of a system as a common cold. Say that based on number of children were seeing in outpatient setting. Many, many more than what were seeing admitted, even in the peak much our disease we were admitting, perhaps, 30, 32, 30 three 35 children per day over intense short period of time. Gerri doctor, what makes a difference between someone who get as severe cold from this enterovirus d96 and who gets really sick. Enterovirus d68. Number one, 2 3 of children have asthma or medication and had asthma in the past and not on active medications. So we have a certain type of patient that is having more difficulty with it. But a third of our children were otherwise healthy. So certainly the children with more critical disease will be having underlying diseases perhaps, puts them at greater risk. As we see this unfold, we know for sure about half of our cases of children in our Critical Care unit, the disease has been confirmed, we suspect that 70 to 90 of those children of that other 500 will be the same disease, but the beyond that, there will be hundreds of children who are having simple common cold symptoms. Those you treat just like a common cold. Gerri sure. Doctor, quickly, we have to go, what is the warning signal i need to stop keeping my child home from school and need to get them to a doctor or emergency room . Absolutely. So the children who came to our emergency room and admitted had difficulty breathing and the difficulty breathing was very obvious to parents. Rapid breathing, labor breathing, sometimes with color changes. Those are clearcut changes that the children need to come to the emergency room. Gerri dr. Jackson, thank you, great job. Youre welcome. Thanks so much. Gerri still a lot more to come this hour including your voice. Your voice is important to us. Thats why during the show we want you to facebook me or beat me gerriwillisfbn. At the bottom of the hour i will read your comments. Go to the website, gerriwillis. Com. Send us an email there. Into one reporter takes a test drive as a car salesman next. Market watchs charles pasy shares how his undercover work will make you a smart car buyer. There he is. New york state is jumpstarting business with startupny. An Unprecedented Program that partners businesses with universities across the state. For better access to talent, cutting edge research, and state of the art facilities. And you pay no taxes for ten years. From biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo. Startupny has new businesses popping up across the state. See how startupny can help your business grow at startup. Ny. Gov when folks think about wthey think salmon and energy. But the energy bp produces up here creates Something Else as well jobs all over america. Engineering and innovation jobs. Advanced Safety Systems technology. Shipping and manufacturing. Across the united states, bp supports more than a quarter million jobs. When we set up operation in one part of the country, people in other parts go to work. Thats not a coincidence. Its one more part of our commitment to america. Gerri breaking news from home depot. The retailer just confirmed what weve been reporting for days, that its Payment Systems were in fact hacked into. Home depot is now saying anyone who use ad credit or debt bit card in one of its stores in the u. S. Or canada from april onwards could be impacted of the company says people should check their accounts to make sure all the charges are legitimate. If not, contact your bank or credit card company. Again as weve been telling you, now home depot confirming its Payment Systems were hacked for better part of this year. Well continue to follow the story and give you details as they break. Now for something a little fun. When youre in a car dealership, do you know what is going through the mind of the fellow selling you car . You always want to know, right . He is here to tell us what happens. He was behind the scenes and posed as a salesman. What got into you . Well, you know, i have a both a cousin and good friend who are car salesmen. And i guess i have always had a personal fascination with this, thought maybe i could one up them. Gerri you thought you could oneup them. You chose another profession that nobody likes. Take a look at this gallup poll. This is professions honesty and ethical standards. This is what americans said . Nurses 82 . Great school teachers, 70. On it goes, 20 . Car salespeople 9 . Right you went out and pick ad profession that nobody has particular faith in. They get higher rating than members of congress. They should be clear. Gerri that is a low standard, a very low standard. You went out of and started talking to these people. What did you find . What surprised you when you went to the dealership lot . What surprised me how much a car salesman has to know. I watts working at a toyota dealership. Not just telling your customer, what is the difference between the camry and the gerri they know that. There are six different versions of the camry. Then you get into what kind of trim do they want and differ things like that. It is a very complicated thing. Gerri are you trying to tell me i should trust my salesman . Im saying there is a lot of information they can provide. At the same time, a salesman is a bit of an actor. One of the first things i learned was, keep a roll of mints on hand. Gerri they all do that . Not that walk around with bad breath in my regular life, the thing is, salesman, nobody will buy car from a salesman with bad breath. You have to be always essentially on. And its tough. Gerri that is one of my problems. Because i feel like it is always, so, so, are you doing a deal with us today, gerri . If not, i dont really have time for you . Right. I will say the new model, part of this were seeing if Dealership Community changed as so much as said, the new model they will let you walk out the door. You do not have to buy that day. I was told basically give every customer the option to walk out the door, to let them know they should shop around and get quotes from two other dealers at very least. Gerri holy cow. A couple things we want to get to very different and interesting. Were talking about used sales, car lot. Were not talking about a brand new spanking car youre buying. New thing is one price. Right. Gerri tell me how that works and why theyre doing it. Well theyre doing it because customers are tired of haggling. So a lot of car lots, you, you know, that are going to this model where you know, the price is on the car. You cant negotiate. There is a little bit of leeway in what you do from detroit. Gerri they are the prices . They are the prices. They are the prices. You say they are the prices but are they good prices . Are they good prices . Really depends, on lot i was working on i thought they were fairly competitive. The prices are high people will walk. Gerri you may not find out. That is part of the point, everyone comes in, 95 of the customers researched buying on internet. People know what the prices are. Youre looking for differential between the dealers cost and msrp. Gerri quickly before you go, one of the things on your list of things you should do when youre on a used car dealers lot, say consider using a middleman. What do you mean by that . Right. Gerri i think of middleman increasing price, not reducing. I think the opposite. When we talk about a middleman, a couple good companies. Truecar. Com, essentially what they have done arranged with number of dealerships around the country, certain pricing on certain cars. Some say you can get better deal from the truecar price. Costco offers similar service. There are sources you can use before you get to the dealership. Gerri charles passy, market watch reporter. It is interesting story. You just go anywhere, doent you . Knife fun, thats true. Gerri thank you so much. Later in the show, it is eve of the release of the iphone 6. Are you going to buy one . Well show you the best way to sell your old smartphone ahead of the big release. Are you tired of running to the dry cleaners, a new machine promises that it will shake out your clothes from wring cycles and make it smell like heaven. I will test out the swash. Its monday. A brand new start. Your chance to rise and shine. With centurylink as your trusted technology partner, you can do just that. With our visionary cloud infrastructure, Global Broadband network and Custom Communications solutions, your business is more reliable secure agile. And with responsive, dedicated support, we help you shine every day of the week. Having a perfectly nice day, when out of nowhere a pickup truck slams into your brand new car. One second it wasnt there and the next second. Boom youve had your first accident. Now you have to make your first claim. So you talk to your Insurance Company and. Boom youre blindsided for a second time. They wont give you enough money to replace your brand new car. Dont those people know youre already shaken up . Liberty mutuals new car replacement will pay for the entire value of your car plus depreciation. Call and for drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. Switch to Liberty Mutual insurance and you could save up to 423 dollars. Call Liberty Mutual for a free quote today at see Car Insurance in a whole new light. Liberty mutual insurance. Gerri so, weve all been through it, right . That moment where you wonder if you could wear that dry cleaned only piece of clothing just one more time, before sending it to the cleaners . Well, now there is a new product from Proctor Gamble promising less trips to the cleaners. Saving you a lot of money. Here with more is mike reef from p g. Welcome to the show. Great to have you here. This is your new thing, the swash. What does it do . Swash is 10 minute clothing care system. Gerri ten minutes . Ten minutes. It will dewrinkle, fresh and restore fit of clothes and perfectly safe for the garment. Say restore the fit. It will refresh it. Are you washing it . Youre not washing it. Basically what you do is light tension on the garment. The device sprays this swash pod juice on the garment and that hydrates the fibers. And dries for ten minutes. Within ten minutes it is ready to go. Gerri within ten minutes. That is amazing. Your idea here, folks spend 750 bucks a year at dry cleaner, you can cuts price. How much is the swash machine . It retails for 499. Gerri 500 bucks. It is not nothing. It is pretty expensive but you say you can save a ton of dough. How many items will it clean at one time . For maximum performance and maximum wrinkle, one garment at time. To refresh, put two in. Gerri put two in especially if youre not as big as this guy. Can i get it now . Get it on bloomingdales. Com and available in bed, bath beyond and best buy as well. Gerri who do you think you will sell this too . We have a lot of consumers interested in this. 90 have rework clothes. These are reworking consumers with challenges not being met today. Consumers impromptu and want to go out now. One of the things sitting in bottom of the closet. I have a way to take care of it. 2 3 of consumers dont want to buy what they want to buy because they have trouble cake taking care of it. Now they have a way to take care of things they want to buy. Gerri what i think with Womens Clothing and amply kays, you cant put that in the washing machine, sequence sown on. This is perfect for these type of garments. Gerri are these chemicals in here . No, that is water based formula. It has odor neutralizer in it. It has fast wetting. Special chemistry fasts 30 fast irthan water and hydrates it quickly. Gerri does it get out there. It gets warm in there. It feels like out of the dryer type warm. Gerri well test this thing, ladies and gentlemen. Mike will turn it on right knew. Put the pod in there. Gerri that is very easy. Just shut it. Hit one button. Gerri is that the button right there . That is the button right there. It will show lights, one for each minute and want to get ready, see how many lights are left. You know it will be ready in two minutes. Gerri that is awesome. Later in the show well open this up. After it is done you will see how well it works. Mike, thanks for coming. You will be back later in the show. We look forward to that. Next we have inside scoop what you can expect for apples big event tomorrow. Do you need extra cash for the iphone 6 coming up . We tell you how to get the best bang for your buck for your old iphone. Stay with us. Hi, are we still on for tomorrow . Tomorrow. Quick look at the weather. Nice day, beautiful tomorrow. Tomorrow is full of promise. We can come back tomorrrow. And we promise to keep it that way. Driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. What a day. Cant wait til tomorrow. agent ill walk you guys through every step. There are a lot of buyers for a house like yours. husband thats good to know. Whenwork with equity experts who work with regional experts thats when expertise happens. 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If you have ansudden decreaseor, or if you have any allergic reactions such as rash, hives, swelling of the lips, tongue othroat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. Ask your doctor about cialis for daily use and a 30tablet free trial. Gerri all right, friends. The count down is on after months of anticipation, apples big event is just one day away, apple is expected to break into a brandnew product category, and revamp a top moneymaking product. Rumors are flying, were setting record straight, with the scoop, tech editor pete pashel, thank you for coming on, breaking new ground, is it the iwatch . That is what everyone is expecting there is doubt on whether they would be in time, it is not going on sale for months but it looks like they want to do a big unveiling this is it. Gerri that is exciting. Well talk about that technology in a moment. These launches, sell a ton of products, looking back at products as they are released overtime. You see how many units say sell. Look at this. They fly out of door, iphone 6, anticipated what do we get . Well see bigger phones, apple cannot ignore big screen phones any longer, they are popular, well see two designs, probably. One 4. 7 closer to current iphone, and a 5o 5. 5 big screen helping them in asia, well see a new glass, sa sapphire gl, virtually unscratchable. That is a little bit in the slightly doubtful rumor but there is a lot of evidence that suggestions it will. Gerri i know i am supposed to be thrilled about the iphone 6, it is another iphone. What circ sighting is what is exciteing is this iwatch. There is a lot of talk about the iwatch with a ton of features, one that going to be able to use do mobile payments, i dont know if that this is made up, but particular look like this. You will be able to pay with stuff with your watch by waving in front of a kiosk. Gerri pete, come ohome depot just acknowledged they have a breach, why should i you know, be have confidence in a watch keeping me safe while i do electronic things. You are right to be skeptical. A couple things, Near Field Communication is very short range. Gerri they almost have to kiss. About an inch, there is no way unless someone has physical access to your device they will be able to getting any off it. If they did steal your watch, the new watchs will use a new credit card technology, called toktokenization. If they had your; information they could not buy anything with it. It should be secure. Gerri a bigger ipad could be coming . In more questionable category. 12. 9 inch ipad which has been rumored, not sure what market apple is attempting to get with that, a long shot it will appear tomorrow. Gerri if you are a geek here where can you watch life. On mashable, but watch it live on apple site, apple. Com live. You have to have anthropologie else device to see it you have to have an apple device to see it. Gerri pete thank you. My pleasure. Gerri rights here in new york city, hundreds of camping out in front of the apple stores, here and all over the nation, know it ipayanticipateing that releas. In new york city dozens of folks are waiting some waiting confidence last weekend, guess what, there is a dirty little secret in the lines, some are not an el addicts not apple addicts, some are making a quick buck, some are being paid to camp out with a companys logo. If you were planing to get the iphone 6 and keep it, get money from your old gadgets first. A site called gazelle. Com will give you cash. Here with how that works gazelles senior tech analyst alisa voris. Thank you for comeing on the show, how does this work. So easy, you go to gazelle. Com, find your model, answer a quick question about the condition, you get a price, if you accept it, we send you a box, pay for shipping we pay for shipping, pop it in mail, we will expect it and send you a check. Gerri how many dump their old iphone . About 50 of small phone owners smartphone owners the new iphone, weurureur we are anticipateing a blockbuster year for iphone trade ins. Look at this, like sliding off a chair, straight down, you lose value right away. My question, is what do you give me for my old product, we have some numbers, say iphone 5 s. Right now up to 335 for the iphone 5 s, it is important to get your price soon, throughout the event we anticipate prices to come down. Gerri how. Gazelle offers a price log, in lieu of the iphone event. We did extend that to october 10, this year. Gerri i can go on your web site right now, say i will sell you this, old iphone, you can give me a price, then i have until 10 of ox to get it to you . Kuwait until you get your new iphone, make sure you like it but want to trade in. And there is no strings attached. You are not obligateed to trade even if we send you a box. Gerri how do get a little bit money. We pay cash, we do have gift card options for amazon, there a 5 bonus if you select that. Or a check or money in your paypal accounts. Gerri tion, with any vendor, shouldnt i be you know deleting should i be deleting everything on my iphone. You can, gazelle follows industry standard, for data wiping, we do give it a second pass, we take security seriously. Gerri alisa thank you. Thank you. Gerri and in addition to gazelle, you can trade in your own gadget insights like next worth glide, and amazon, apple has a trade in program but it typically offers less than other sites. We want to hear you from. About our poll question, do you pay too much in financial fees, of course, i pay pointless, useless fees. Gilbert, if you want a service you will have to pay for it. Sharon writes i took all my money out of a bank that charged me 5 bucks every month for a statement. Great story, still to come, would you trust a selfdriving car from gm . And will stocks keep running with the bulls . We cover your assets with advice on what you should be doing with your money. And here is your consumer gauge with the numbers that you need to know, well be right back. So i can reach ally bank 24 7, but there are no branches . 24 7 its just im a little reluctant to try new things. Whats wrong with trying new things . Feel that in your muscles . Yeah. I do. Try a new way to bank, where no branches equals great rates. No. Not exactly. To attain success, one must project success. Thats why we use fedex one rate. Right. Their flat rate shipping. Exactly. It makes us look topnotch but we know its affordable. [ garage door opening ] [ sighs ] i need help with the groceries. [ sighs ] [ gara door closing ] where was i . Oh, yes. 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[ male announcer ] cleaner, fresher, brighter every day. Gerri the bulls are not backs down on wall street, despite a down day. Bull market more than 2000 days old, marking fourth longests run in near history. Mitch tuchman, is joining us and mark freed. Welcome to you, patty start with you. What do you see coming around the corner . How high can the stocks go . I think were in a euphoric stage right now. I dont think they could push higher. I think were overdue for a bit of a correction, if not a major one. Gerri mitch go ahead. Looking at last resistance level before the market dropped in november 07 it was about 15 70s, now it is coming to an official end in qe. I think that we may get closer to that level by the end of the year before going higher. Gerri mitch, to you, last week we talked about Morgan Stanley upping its ante on its forecast, a lot of other investment houses have done the same, are they trying to get on the right track . I know there was a lot of suspicion, a couple years ago about rally going on in a lot people missed it professionals did. What do you think is behind this optimism right now . I dont know. Jere gerri, everyone is trying to time the market, my clients are all retirement investors, asking me the same questions. The inevitable answer i give them is who knows. Nobody really knows, if i gave you an opinion, everyone is half wrong half the time because the market always surprises us. Whatever happens in shortterm we dont know. But 5 or 10 years, stocks seem to compound 8 or 9 or 10 over long periods of time, if you are investing in retirement you dont want to be making shortterm trades, because inevitable you will get it wrong, and when you get wrong you will suffer. I wish i could answer that question, i would be in a different business if i could. Gerri i believe that was a great answer, individual investors, shoul should be playg game of being in the market, not when to get in. Mark you to. Goldman sachs latest on get on bandwagon, yea equitys and stocks, does this make sense . What is interesting about this, and amuses me, so many professionals, Hedge Fund Managers miss the boat. Now i wonder if they will miss it th the other way . Gerri, we feel that market still has a way to go. You know, but to the you know last points, it is impossible to figure out when a pullback will happen or in the shortterm, you know how far the market will go. Over the longterm stocks perform very well. Now, come october after then elections, we might see a pullback. I would see that as a buying opportunity. I think that you know, when you are looking to get into the market, you th you want to finde opportunityopportunities to gety in. But for retail investor, they should not shy away from the stock market. Probably see another couple percentage pointss this year. Gerri great news, were all bulls today. I want to talk about mutual funds today. I feel that is how our viewers invest, with mutual funds, some are manageed by somebody who srupbg a fund, otherisrunning t. This is a disib nation by morningstar. Let me tell bank on that. From 2004 it today. Of the fivestar rated mutual funds, 37 lost one star, 31 lost two, 14 lost three. Pat, what do you make of that . Should we be picking funds on the basis of star ratings . A very interesting analysis. There was a book in 1987, bestseller by peters and waterman, called in search of excellence, they studied all of the top companys in the dow, they found that they rarely stayed on top for lor more thanr 3 years, a principle called mien reversion, picking fivestar funds today at the top. Gerri does not work so well. It is of often, ast analoi use, last 10 super bowl winners 8 did not win a play off game the next year. Gerri all right, mitch, last word for you, your world. These can tkphruplet plummet, dy attention to star ratings . Absolutely not, i think this have a hoax, even morningstar admitted it. Best predict or are th the people need to really get this. There are two religions in investing, one religion that says i can hire smart people, who will charge me a lot of money to beat the market, then there the other relanguageon, i am a religion, i am a member of, forget trying to beat the market just keep fees low and over every stock or bond you can in the market. If you do what we do, you ride on coattails of the growth of the global economy. If you try hire managers in mutual funds who are trying to weing tobeat the market, it use possible. In 60s with no certified financial analysts. Gerri okay. But it is not possible any more. Gerri the big debate. The relingous religious debate as you put it, thank you sophie for coming on, interesting conversation. Thank you, gerri. Gerri well show you the results of our swash. And General Motors moves past deadly ignition switch recall. Details coming up. 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And which aarp Medicare Supplement plan might be best for you. Theres a wide range to choose from. We love to travel and theres so much more to see. So we found a plan that can travel with us. Anywhere in the country. [ male announcer ] join the millions of people who have already enrolled in the only Medicare Supplement insurance plans endorsed by aarp, an Organization Serving the needs of people 50 and over for generations. Remember, all Medicare Supplement insurance plans help cover what medicare doesnt pay. And could save you in outofpocket medical costs. Call now to request your free decision guide. And learn more about the kinds of plans that will be here for you now and down the road. I have a lifetime of experience. So i know how important that is. Gerri gm ceo mary berra said the ignition switch scandal is now behind. Gm is planning a new super cruise gizmo that will allow for handsfree driving. For more on this, laurens car coach. Do you agree problems are behind . There are still a lot of cars that need to be repaired. I run into people every day that still dont know about it. And beside that, they just want to get ahead of things, move forward, clear that hurdle, saying they have done all we can, they are, we have not gotten to all of lawsuit. Gerri think of it this way, you know, fund to compensate people is selected a hundred different forms from people with deaths, gm said it was 13 people who died. It is not over yet. And there is still more. Not every one of those cases will prove to be there was a fault of gm. There is a human factor involved. Gerri bill ford about these cars, he said right now you have to have as on the road, hands on the wheel, saying for a while, this is bill ford from ford, saying that selfdriving cars are a long way, and mary berra saying they will start introduceing some of this technology, as a consumer i have questions about gm, and the technology seeing what happened with the ignition switches. True, this is why we see each division as its own company, the consumer has a different impression, you talk to person on the street, General Motors is not chevrolet it is be on shoes to us it obvious to us it is, the consumer does not see it, from a marketing stand. It is good, but cadillac has a new guy, johan made audi what it is today, a phenomenal brand, ahead of the curve with technology, he came from the infiniti line, now she in charge of cadillac, he wants cts and others to move forward. Gerri every carmaker in the world is trying to be a leader in this. I took a ride in a new mercedes benz, but at the end of the day, you say it could be a decade away . You will not see them for a decade, i have driven the new volvo, i was a passenger, we and saw it drive, other people to the street felt very uncomfortable, you look over, you see some guy having a conversation not looking at the road, i dont know, but i think we have about 10 years from now minimum, also you have to keep in mind, the consumers have to put in a little bit at a time. We have government regulation 92 not about our inability to understand it, but their desire to market their products. Creating excitement in the marketplace. Check competition. Gerri lauren thank you. Thank you. Gerri well be right back. [ breathing deeply ] [ inhales deeply ] [ sighs ] [ inhales ] [ male announcer ] at cvs health, we took a deep breath. [ inhales, exhales ] [ male announcer ] and made the decision to quit selling cigarettes in our cvs pharmacies. Now we invite smokers to quit, too, with our comprehensive program. We just want to help everyone, everywhere, breathe a little easier. Introducing cvs heah. Because health is everything. Gerri well, it is time to see results our swash, back with me, mike grief, from p g who put together this product. A nondry cleaning dry cleaning puck, that is the reveal. It will smell fresh, have body to it, it feels like it comes from a cleaner. Very technical how this gets put together. But we see here this was a very wrinkley smelly shirt. I dont know what you do to it. But look at this. That does smell good. That is pretty good. It looks like somebody pressed it. Which did not happen, it was very wrinkleed. I asked how much does it cost you said 499. How much does it weigh. About 75 pounds. Gerri this takes space in basement. I have it in my bedroom, it takes 7 inches of recall space of wall space, it is where you would use it. Thank you for coming in, always fun to see new products, mike thank you. Thank you. Gerri that is it to for tonighs willis report, have a good night, making money with Charles Payne is coming up right now. Charles on making money, obamas questionable leadership is clouds the landscape, how will market react to circu circumventing congress and the constitution on immigration, corporate taxes and establishment of the kingdom of hawaii. Disco is dead, but maybe so too old american worth ethics, why americans lack hustle. Parttime jobs, government handouts they are not the answer to get us back to greatness. And alley bab baba ali baba
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