greg: it s friday you know what that means let s welcome tonight s guests, this cougars clause will give you pause fox news anchor [ inaudible ] his jackets are wildly popular with mom s post of fox news saturday night jimmy she will beat your ass with unlimited sass cohost of the bottom line [ inaudible ] and his enormous size affects the tirades new york best-selling [ inaudible ] my goodness gracious i m so excited before we start to some news stories let s do this it s leftover is where i read the jokes we didn t use this weekend as always it s my first time reading them so if we start will forest joe mackey did a lap dance o.j. simpson died yesterday wow he died after a brief battle with cancer also dad nicole simpson after a brief battle with oj football fans were surprised he died of cancer as buffalo bills players are known for choking the good news about oj s passing is cato can finally move into the main house career jumpy or did condolences to the oj family but d
only geometry and physics you know the one thing they almost never teach you in high school, let alone touch with a ten-foot-pole in college financial literacy i m not talking about economics here you can be an econ major and still learn nothing about personal financial planning or retirement readiness or even how to balance a darn checkbook, let alone how to invest your money wisely money is not talked about in education. it s like the third rail of the whole educational system and that s why i m on a constant mission to teach you about every aspect of managing your money so you can become a better investor, both when it comes to retirement investing and playing around with what i call your discretionary mad money portfolio. which is why i wrote get rich carefully to begin with. even if you don t own individual stocks, you probably have some kind of exposure to the stock market a 401(k) plan, which is why i want to take a moment to talk about retirement for those of you wh
absolutely the most important one, but still just one part of building real wealth. there are some people, call them the 1% if you will, who can make enough money from their ordinary day-to-day income to become truly rich. what a great thing. but for the vast majority of americans, that paycheck is simply not enough. you need to augment it, work with it. if you keep watching, i m going to tell you how to do that, not just for the next year or two years but the rest of your life. now, usually i come in here and tell you what i think of the market, what themes are think are best, stocks that best fit those themes but the truth is before you even start investing in stocks, there are a lot of other things you have to do if you want the payoff from those investments to mean something lathe e later on in life when you most need the money. you may not want to hear this, but it s fruitless to think you can get rich in stocks if you haven t laid down a tune decontamination for buildin
course, the uk down ever so slightly. 10-year note yield hanging around what has been and continues to be that let s call it 1.58 level. crude oil down after a move up a bit over the last couple days. although yeah, we ve been around the 46 level for a little bit. it s been a level where when we get to 50, a lot of the oil producers sell a lot of futures and that s because they can that s a lot of debt payments. they sell futures and capture. get back to 40. and then you see more cessation of rig count but rig count up 30% this year. low base. but rig count, it s very big since the oil took out the 50 level that one day. i m sure we ll get to more on oil and gas a bit later in the program. our road map starts with the last trading day of august, that s today. it s been a flat month. things could be ramping up in september. apple s $14.5 billion tax bill from the european commission is stirring up a lot of global concerns. we re going to take a look at what may be far re
d what i ca your discretionary mad money pfile. icis a big reasonhy i wrote get richarefully to begin with. even if you don t own individual stksctly you probably ha some of exp t the ock maet. a 1( planhere you kepthe bulkf your retirement fun, which i want to take a moment to talk about retireme. for thos you living in a cave40k)plan a e main merans se.they re offered byyour employeandy re ahere fe iesent vicles there, along with the i.r.a. i mlking out the individual requirement ccou. wait for those of you whore about to flasleep or change t channel becahe whe id of savi foretiremtuts you to sleep, hea me out. because you need toknow thi f. m going to tel you some things that u wot hear from e soalled perts. is shois differe. at thipoint, it setty mch become coonal wisdoth you have to invesn you 401(k). th a idi would not contribute to a 401(k) plan. you to max out your 401(k) if you me engh money for tt to befeasible. the maximum coribution tds toe ingup over tie. 17,25,