Cupertino. Active weather is widely scattered. There could be locally heavy down pours. Five funnel clouds spotted now more intense weather is pushing into the sierra where it is snowing and chains are required. A winter storm warning in effect until midnight. Weve had nice dose of rainfall with quite a few locations more than an inch of rain and could be more during overnight hours. Here is what happened to a driver that may have gone too fast. The car caught fire. The driver managed to get out in time. This is one of nearly 100 incidents during wet weather overnight. In the sierra, they saw the lowest day of the season. Reporter George Warren of our abc affiliate found no complaints. Chain controls up at 4,000 feet, catching a family from Washington State off guard they drove down here without chains. We havent seen the snow either. So its kind of funny. This is not a typical year. During last week its been short sleeve weather. All of a sudden, snow. And we move moisture. Weve had s
During this period . Part of the problem here and the frustration, i think, of the committee is that its taken so long because you had no policy to go up the chain of command. And so you can tell me, well this was 2003 and 2004, but i tell you if i was there, id want to know exactly what happened then so id make sure it wasnt happening now. One part of the investigation was to go through and audit and do just that. From that period . From that period . Yeah. To look at the books from that period of time. We understand, again, from one of these cooperating witnesses, he could obtain, this is a quote, prostitutes for agents from the dea bogota office. This is what the cooperating witness said. He would pay the girls to come to the parties, then the agents would pay the girls directly for any sex they wanted. He recalled getting prostitutes for at least 15 to 20 parties. Werent the dea agents in colombia there to crack down on the agents who were on the cartels who were given funds to pay
Didnt think it was not just theoretically possible, but actually feasible for the vast majority of people to succeed at managing their own money. Okay. So if thats the case, then why is investing so darn difficult . How come so many People Struggle to make money in the stock market . How the heck can i believe its possible for you to beat the averages, the big benchmarks like the s p 500 and the Dow Jones Industrial average when so millennium and Mutual Fund Managers fail to do so. Simple. You can do it. But you have to do it the right way. One of the biggest obstacles to successful investing is a lack of clarity about just what investing is supposed to mean. I have seen countless people try to follow the conventional wisdom about Money Management only to have their investments wiped out because the conventional wisdom is wrong. And the worst part is those people had no idea they were making a mistake. They thought they were being responsible. In other words, to borrow a phrase from Co
Thats why tonight i want to demystify the concept of longterm investing, an idea that has been misinterpreted so often in so many ways that its become more of a hindrance than a help for most of us. So listen up, tonight setting you straight. Here on mad money were about longterm investing, often mischaracterized. There is a serious problem with this notion. It goes like this. Too often people let the concept of longterm investing get in the way of investing. If you think longterm investing is about making boatloads of money over years, decade, each lifetimes, im on board, and thats something i can teach you how to do using the disciplines that allowed me to make fortunes for my already rich partners back in my Old Hedge Fund where i ran a million dollars. However, ive seen people in longterm investing as an excuse, an alibi either for poor performance the house of pain or for not paying attention to what they own. You often hear that you shouldnt worry about your losses or the profits
What government does is unnecessary. Did you notice the government shut down . If they dont notice it then just just shut it that is our show tonight. John just shut it that is a road idea that some people tell me but my hope is this current partial shutdown at shut down as the government ceases to operate that some pauses at teaching moment even politicians might realize we dont need all of this sid given that america is going broke we should cut it now. I am probably deluding myself given what i read in the media but not senator lee so you kick started said senator Lee Obamacare movement that led to the shutdown in you dont think that partial shutdown is a bad thing . I say that it is unfortunate we had to get to shut down in the first place. We should never be in a position amir told we have to fund all of government to fund any of government. It should not be an end all or anything we usually take a segment of federal spending and rigo and independently before the last four and a h