Booking Scams

SPEAKER_05 0:05

You're gone to a really great financial future. Tom and Don are talking real money.

SPEAKER_02 0:12

We do talk a lot about investing. Yes, because we think that's the most important thing you can be doing with your money is making sure that the uh the the the old age part of your life is taken care of. Because I'm sorry we do start falling apart when we get old.

unknown 0:30

Ow.

Financial Future and Scams

SPEAKER_02 0:31

Everything aches. Dang it. Doesn't it? Doesn't it, Tom? No, not talking about it. Tom, don't lie. All right. Not going there. Welcome to Talking Real Money. Don McDonald here. Tom Cock there. You there. Glad you are there. And remember, you can call us with your questions at 855-935-Talk or you can send them in at talkingrealmoney.com. Today, though, change of pace. We want to also help you protect your money. One of our other jobs is keeping you from doing dumb stuff with your money, whether it's investing it dumbly or getting taken in by the annoying so-and-so's who are always looking to scam you, particularly on your devices, your computer, your tablet, your phone. I mean, I got one the other day, uh opened up my email, and there was an email from Microsoft that uh letting me know that they were renewing my subscription to something or other for$399. And that if I didn't, you know, if I wanted to cancel, to please call this number. It's not real. It was a scam. And thankfully it was one of those scams where they misspelled about half the words. But they're getting smarter and they're looking better, and they're doing things that are very clever. And and some of them aren't out and out scams, they're just misleading. They're immoral. They're yeah, they're I think immoral is a very, very, very good description. And one of them that I read about recently that I didn't even realize was going on. I read about it in the New York Times. Uh it's a it's a travel scam, Tom. This was this was very clever.

SPEAKER_01 2:19

Sophisticated. I you after you sent this to me, because I was like, eh, it doesn't sound like I went back, my wife handles all our travel stuff, and she said she thinks she got caught up in one of these uh when we went to Europe last summer. That she booked something that appeared to be a Disney property. I think I told you about this story.

SPEAKER_02 2:37

And then when she showed up, and that was not a Disney hotel, yeah.

Travel Scams Unveiled

SPEAKER_01 2:40

No, it was not in any way.

SPEAKER_02 2:41

But they you know, well, what you do is you go um like you you let for example, let's type in uh well, let's type in the Grand Floridian here in uh in Florida, near near me at Walt Disney World, uh hotel reservation.

SPEAKER_01 3:02

And for those of you who don't know this, because Don's only mentioned it three or four thousand times, he and Debbie had the first ever wedding at the Grand Floridian. So just so we have that out there.

SPEAKER_02 3:11

We did. And oh, you know, Disney must be more aggressive. Let's try a uh let's try a how about a Ritz-Carlton? Let's do the Ritz-Carlton at uh Amelia Island in Florida. I'm just doing this off the f off the cuff. So he is. Ritz-Carlton, Amelia Island. And uh let's see. What comes up uh it'll have to be something more obscure. I'm not I'm not doing it. Well, I'll just use the ones from the article. There were the article. I was gonna try it from scratch and see what it worked, but um Tell them what we're talking about here. Okay, what you do is you you type in that you want to stay at a hotel. Yep. Okay, you want to go on a trip, you want to stay at a hotel. And you type in the name of the hotel and you know, you dri type in reservations or something to that effect. And uh what comes up you can in Google I guess we have to go way back. With Google, you can buy the top positions and uh in the search. So you can buy to um ah, let's just try this one. The Grand Majestic Hotel in in Bologna, Italy. Okay they typed in Grand Majestic Hotel in Bologna, and they got a site that said Grand Majestic Hotel. something dot com. That something was a different company than the actual hotel. But it says something like Grand what was the one that they use, was it reservations.com guest reservations guest reservations, there it is. So it was it was Grand Hotel Majestic Guestreservations.com. And what does that sound like to you?

SPEAKER_01 5:03

Sounds like the the people that are running the hotel have a you know part of it is guest reservations, you're using them to book something. Right. That's what it sounds like.

SPEAKER_02 5:10

Right but here's what happened. You know, it should have cost them about five thousand dollars for the eight-night stay in a regular old room if they went through the actual hotel's site. But this site charged them sixteen thousand five hundred and fifty-nine dollars for the same trip.

SPEAKER_01 5:32

Now they did get the rooms at the place.

SPEAKER_02 5:35

Right, because they're connected with Expedia or Travelocity or whomever. Oh, yeah, there it is. Grand Grand Hotels, yeah. Um But you think you're getting the hotel, but you're getting something entirely different.

Fraud Statistics and Insights

SPEAKER_01 5:50

Aaron Ross Powell You think you're dealing with the hotel, airline, other provider, but they add on these extra fees, they add in up uh r upgrades, and they make misleading promises. But now here's the fascinating part. Um there's a great article because somebody at the New York Times spent a lot of time digging into this, and you had to do a lot of digging to get to the bottom of it. It was not easy. Um but they this company, guest reservation, sources rooms from Priceline, et cetera. So they actually have the rooms. But what you don't know is you're paying all those extra fees. And uh And they don't let you cancel your reservations. Correct. You're stuck. Uh and they did this also to people on a Lufthansa flight, according to the article. Uh there's additional charges there. So the New York bottom line is the New York Times went to these people and said, hey, what's the what's the deal? And the and the people, first of all, very hard to reach anybody, right? Because everything now they hide behind a web cell.

SPEAKER_02 6:51

It's all web-based. I mean, there's probably just one person doing this stuff. Probably.

SPEAKER_01 6:56

Um but but then at the end of the day, they did finally find somebody. They said, you know, we're not doing anything wrong. We're we're booking these rooms for people, and you got to pay us to take care of all this.

SPEAKER_02 7:05

Um And that's what I was getting to at the beginning. This is not illegal. They're not doing anything illegal. They're taking advantage of the system and tricking you into going to a site that is not what you think it is, and they're sure not going to go out of their way to tell you.

SPEAKER_01 7:26

No, they're making a lot of money. Uh, and as you said, generally once you're in, you're in. There's no way to get out, which is which is tragic as well. So this is this is a real problem, but um, I mean, I love the piece. I think everybody should read it who's traveling so they don't fall into that. But I mean, here's the other thing that's when you type in fraud right now, uh, according to AARP, it's about they claim that four out of ten American adults have had money stolen due to fraud or sensitive information obtained and used fraudulently. Four out of ten. That's a crazy huge number. That doesn't even include the story we just told about, right? These are things like where people call you up, and I think the newest one here is they text you about a overdue traffic ticket that you need to pay right now, or the DOT will come by and STP or call it.

SPEAKER_02 8:13

Yeah, they're gonna they're gonna tell you. In fact, there's one of them that where they'll call you and they'll tell you on the phone that they're making an online arrest.

SPEAKER_01 8:20

Yeah, that that was the India one, right? Where I'm gonna show up.

SPEAKER_02 8:23

Making an online arrest. Now, oh, I just did one, one that was in the article. Yeah. That was the Marriott University Park in Salt Lake City. So I just I literally just now typed it into Google. And the first thing that comes up, thank goodness, is Marriott. So Marriott is paying a lot to be number one in the city.

SPEAKER_01 8:41

They actually use their own website. Yeah.

SPEAKER_02 8:43

They're paying a lot to be number one in the sponsored results. So they're paying to be there. In the non-paid area, they're the first thing that comes up because they're Marriott. They own the hotel or they run the hotel or they franchise it. Anyway, what comes up right below Marriott? Marriott Park SLC dot guestreservations.com. These guys are prevalent. I mean, it's all over the place. Then there's their competitor. Marriott University Park.reservationstays.com. Don't those sound legit? Yeah, totally. And when you go to the Marriott guest reservation, what comes up is a select your dates. And a beautiful site with pictures of the hotel. You got all the you got all the the rates showing on that front page. Uh let's see. Oh, and we can check rates. Uh, and I if I click a button and give them some information, I can unlock$25 off today's booking.

SPEAKER_01 9:44

Let's see what After you pay the additional$6,000, of course.

SPEAKER_02 9:48

Oh, well, of course. Let's check today's low rates.

Protecting Yourself from Fraud

SPEAKER_01 9:53

While you're doing that, I want to mention a couple of things that because this comes up a lot. Oh, it's not working. Uh there's a couple of things uh back to the fraud portion of all this that that basically you should be aware of if you're not already. And number one is any unsolicited communication in today's world should basically be ignored. The IRS is never going to call you. Uh the Washington State Department of Transportation is not going to text you. If if there's something really wrong, guess what? They'll use the old-fashioned way, they'll send you a letter. And to that you can respond. That's one. Number two, and a lot of people do this. I'm still shocked when they tell us most people still only use one password. Um, and you really should have more than one password. Because if you have one for one account and it works for all the rest of them, you could be in real trouble. That those are a couple easy ones. And then the other one is um if you're very active on social media, apparently uh the people that do that they get in a lot of trouble because if people uh figure out identity theft. They figure out ways, your patterns, who you are, um, might allow them to log in, and and so you should you should be doing that. And then the finally, and I think Herb Weisbaum is the one who suggested this before, uh, using protective software. Um, antivirus, et cetera, anti-spyware, those things. And I know the Macs do this very well, Don, which is one thing you taught me ten years ago, uh, that you don't have to worry. And then the other one is I basically never do anything that in any way could be risking my financial well-being on a public Wi-Fi. I I just don't risk it, it scares me. I won't do that.

SPEAKER_02 11:26

You're really, really smart because on public Wi-Fi there can be sniffers on those things uh and and get your password information. You don't do anything. You can do stuff that's not financial. I use public Wi-Fi all the time. I mean, you know, whenever I'm at a hotel, I use their Wi-Fi. It's great Wi-Fi. Absolutely. Yep. But I'm not going to log into my bank account. If I log into my bank account, I do it over cellular. Yep. Can't get on that one. It's harder. You never say can't. Because you know, if it's the NSA, they can get on. Okay. So they could they could be reading it. Uh and when it comes to booking a trip, do not go to reservations or Luftonsa.reservations.com or Marriott Hotel.reservations.com or whatever it is. Go directly to the website, or better yet, book, get download the app for the hotels you you go to and book them through there. Or if there's any doubt, any doubt at all, you go to a website for a more obscure hotel that's not part of a chain. Uh look look up that hotel, find its phone number, call the hotel, see if they answer the phone, not reservations, but such and such hotel. If they answer the phone at all, of course.

SPEAKER_01 12:40

Yeah, they're not going to answer the phone. This is all online. And again, the article the wall the not the the New York Times struggled to find anybody that would actually talk to them about all this. And of course, our response was no, we're we're perfectly legit organization. We're not doing anything.

SPEAKER_02 12:56

They are again they're right. I'm not d I'm not arguing getting it. Immoral would be my argument. Yeah. It's certainly legal. Right. But it it's it's it's taking advantage of people's stupidity. And I'm sorry, we are a lot more stupid than we are.

SPEAKER_01 13:13

Naivet. Yeah, I'd be because I'd be quick. I'd like I just want to get look, I got these two dates done, it's all booked, blah, blah, blah. I'm that way. I admit it.

SPEAKER_02 13:20

So Yeah, and and oh, and and and the other thing is just ignore all the sponsored results. They're they're usually not the best results anyway. If you have to pay to be at the top, you're probably not the best thing out there. Usually the best thing out there comes up in the organic results, which are down a ways on the page. Okay.

SPEAKER_01 13:41

Remember when we looked into all that with the old vestry to, you know, be under the paid results for like Bellevue Advisor and all that. That was crazy expensive.

Listener Questions Begin

SPEAKER_02 13:49

That was incredibly expensive. And it just doesn't do anything for you. People don't, you know, they they're not going to go, oh, let's go to Google and get a financial advisor in Bellevue. Uh that's generally not how financial advisors are chosen. If they are, then you're probably not going to get the best. Trevor Burrus, Jr. No. Likely. Go to the organic results. And if you're really in doubt, well, here's a solution to almost every problem you could ever have financially. Call us. Literally, call us. Now, we're not going to answer the phone, but we will uh get you on the phone. All you have to do is go to 855-935-Talk and call us 247, and we will set up a call with you on the podcast. Or you can send your questions in at talkingrealmoney.com, written or uh or spoken. But there's another way now. Just call 855-935-8255.

Investment Returns Discussion

SPEAKER_01 14:45

We love taking your questions and calls, and let's go to one of them now. Bill is part of Talking Real Money. Hey Bill, how are you?

SPEAKER_03 14:54

Things are good. Glad to hear it. Good with my investments, but I'm not sure how good.

SPEAKER_01 14:59

That's why I'm calling. Good, but they could always be better, right? We always uh that's the one thing people always ask us about. So um anyway, so what is your question today, sir?

SPEAKER_03 15:10

Well, I my dad was uh financial advisor and I trusted him and end up with more money than I thought we would ever retire with. I realize now that he was a pretty aggressive investor, and now that I went with a fiduciary company, uh my returns over 10 years are like just over six percent. And I have more money now than I did when we retired 10 years ago. But uh I didn't know if six percent was great or average or poor. I don't really have anything to compare it with.

SPEAKER_01 15:50

Yeah, first of all, so your dad, that's uh what a great legacy. And the fact that you've you've obviously continued to be an investor and uh saver and not a big spender because you've got more than what you started with in retirement. So good for you. That is awesome. Um, and and to the to the this is something that comes up pretty often. People will come in and go, look, you know, I made a lot of money last year. I my portfolio is great, and I'm gonna look at it and say, well, what's it invested in? Uh I mean, I really need to know that rather than just looking at the return, right? Because returns can be very random, periods of time can be random, specific securities you hold could be random and really affect returns. But just in a general sense, because you mentioned a portfolio 60% in stocks or equities, 40% in bonds. I went back and looked. Mark Hebner of IFA has a wonderful website where he's got every number that every number. Um, and you can actually go there and look at any portfolio and see what index-like returns have been after uh his fees, too, by the way. So it's uh and his fee is pretty reasonable, I think, at 1%. So 90, he has 98 years, three months worth of data. That's a lot of data. And according to him, the uh return of a portfolio, a globally diversified portfolio, 60% in stocks, 40% in bonds, would be 8.4%. So uh but you mentioned 10 years. I also looked at that. The 10 year would be closer to 10%, uh, because it's been a pretty rich time here, even with the crummy, uh the crummy 2020 we have it in there with stocks and bonds both losing money. So that'd be closer to 10. But to your situation, I mean, so sometimes there was a person I talked to recently who said um I lost money in 2025. And I said, now that really worries me because it was a pretty good year for stocks and for bonds. Then I get worried. But if you told me, hey, I made 6% a year for the last 10 years, I wouldn't be concerned about that. But I would question the following how diversified are you? Do you have big companies and small companies? Do you have growth companies and value companies and international and emerging markets? Something we're gonna talk about in the weeks ahead, because a very known, well-known promoter of emerging markets just passed away. And I went back and looked. And again, according to IFA's website, it's been the best performing asset class going back almost a hundred years, a little over 12.8%. So I would, if it was my money, I would want to make sure that I'm fully really diversified. And a good asset, a good, a good fiduciary advisor is gonna do that. They're gonna own not just the SP 500, not just even small caps, but small cap value. And they're gonna own uh international develop and they're gonna own emerging markets, and they're gonna own value in all those places. They're gonna be very diversified. A portfolio I'd like to see is between 10 and 13,000 stocks, really a lot of equities in there, um, and making sure that you get you you get the opportunity to um to take it the growth in all of those various markets, which I which especially internationally I don't see people generally doing. So back to your question. You know, first of all, if you're happy with 6.4%, I'm happy. Because it sounds like you are, because you you you still have money. That's good. Uh, part two is I would be personally looking at the portfolio just to see how diversified I really was. That would be something worth examining. And by the way, back to the return aspect. There's a lot of variables in terms of the actual return because it's oftentimes depends on the day that you started. Oftentimes it depends on when you made withdrawals. There's all kinds of things that impact the the rate of return. And is this internal rate of return or what measure are you using here? Um, so in my mind, though, a 6.4 would not be or 6.04, I guess it was, not would not concern me. Uh, but it would be worth looking at the sort of the the actual portfolio makeup. And and you could the same thing you could hold in bonds too. How risky is the bond portfolio? Is it, you know, all US? Is it all government? Does it have any other other types of bonds in it? I mean, do you have an inkling around how diversified those two parts of the portfolio are? Yes.

SPEAKER_03 19:57

I mean, there's a long list of funds, but the as they explain their philosophy, it's not to be in the market, but to own the market. So they do have that broad uh good spectrum. And uh and out also that my return is after their one percent fee. Right. So and uh and the the best part is I don't worry about this at all.

SPEAKER_01 20:22

That and you know what, that's worth so much, right? I mean it's huge. Uh you know, and that's people have a tendency to overlook that and say, well, I would have made more, yeah, okay. Uh I would have made more if I'm not paying somebody one percent. Sure. I would have made you know more had I been an ex, if you'd had, you know, Mott more NVIDIA for the last 10 years, but you would have worried more. So I personally think if you're if you're you know making have made around six percent a year for the last 10 years, and you're sleeping well at night and you trust the people you're working with, I think you're probably in a pretty good place. Great. I'm real glad to hear that.

SPEAKER_03 20:58

And uh and also my wife has zero interest in this stuff. So uh I assume she'll probably outlive me too. And uh that that'll make with a smoother transition if somebody else is running it.

The Importance of Diversification

SPEAKER_01 21:11

Couldn't agree more. This is, you know, in my life, I have an advisor for that exact reason because I suspect my wife will outlive because she works me hard all the time too, uh, that she'll outlive me. Um, and that she will need somebody to, you know, keep a close eye on the portfolio and make sure all the the planning stuff is done properly. But wow, it sounds like you're just in a in a really good place, and maybe it's the legacy of your father's fine work before you. But um, I don't see any reason for any major change, uh, Bill. I think you're you're doing well.

SPEAKER_03 21:39

Great. Thanks so much for uh the comforting uh response and for taking my call.

SPEAKER_01 21:46

My pleasure. Thank you for listening, and uh, we'll look forward to the next time.

SPEAKER_02 21:50

Although by far the most popular way of sending in questions, and thanks for that question, by the way, is uh going to talkingrealmoney.com and clicking on the ask. A question button, and then if you speak them, they go to the Friday QA podcast. If you type them, then Tom does this with them.

SPEAKER_01 22:08

Yeah, I actually answered them. Well, I actually asked Don to answer them right here on I don't want to do the heavy lifting. Um I don't know what the question is. I know. I never know because he forgets to send them to me. I know. I bad about that. Um so I apologize for that. And uh but for Robert. It's okay. I liked you know, this is good brain training. Indeed. From New Albany, Indiana writes us my net worth is five hundred thousand. The maximum liability coverage for my auto and homeowners insurance is three hundred thousand. At what point would it be worth it to get an umbrella policy? I got a quote from my agent, and it was for just over six hundred dollars a year. Hmm. Wait, I'm gonna first say I've had umbrella policies, and six hundred sounds expensive to me. I mean, unless you have a lot of people, no, that's about where they are these days. Is that right? Because that sounds like a lot.

SPEAKER_02 22:58

Yeah, thanks to Morgan and Morgan for the people. Uh there's a there's a lot and not just them. There's a number of other firms. I don't wanna I don't want them to sue me. Uh but thanks to all these uh personal injury and like the the the these things are going through the roof. But basically what you want to do is protect your assets. You want to cover your assets. So having an umbrella policy for you know half a million is probably gonna be adequate.

SPEAKER_01 23:27

You may not have So you'd have to lump on another two hundred thousand on top of the liability he has from his auto and Yeah.

SPEAKER_02 23:34

So I don't see you ha have to add a big umbrella.

SPEAKER_01 23:38

So Well, this is Seattle. We like actually Seattle has very few umbrella. You guys don't use a lot of umbrellas. It's weird.

SPEAKER_02 23:45

I it's funny because it just drizzles. I think it's like I'm just gonna get a little wet.

SPEAKER_01 23:50

Any self-respecting Northwesterner doesn't call that rain. All right, that's not real rain.

SPEAKER_02 23:54

Or you you you find places like Bellevue Square where you never have to go outdoors.

SPEAKER_01 23:59

Good point. Uh here's the thing. Yeah, I personally, if if this was me and I had$300,000 on homeowners and auto and my net worth was$500, I don't know that you need to do a umbrella for another$200. I think I I in the in the past I've said if you got a million dollars worth of stuff and you really only have$300,000 in liability coverage, then then I think you should lump that in there because there's a there's a greater risk, right? I mean, if something really goes somebody slips and falls at your house, your teenage daughter, you know, runs somebody over. That didn't come out right. Your teenage daughter, she's gonna be mad.

SPEAKER_02 24:31

Teenage son runs someone over.

SPEAKER_01 24:34

Your teenage children run someone over. Good point. Good point. Um could really be helpful. So um but I I that still sounds like a lot to me, and I'm gonna go look and see what I'm paying for my my uh my my umbrella too, because I don't think it's even that much. But I don't th I don't know. I don't know that I'd be running out in your situation buying. I might wait a little bit as your net worth grows and maybe you go get one.

SPEAKER_02 25:00

So you have to weigh the risk and the reward, really. I mean, what when you think about it, six hundred dollars is not a lot of money if you ever get sued.

SPEAKER_01 25:11

Right.

SPEAKER_02 25:12

But what are the odds of you getting sued? What are the odds of something happening on your property or with your car that you know they're gonna tell you it it's high, but it's not. It's really not. It doesn't happen very often. It's more it's more like these they're anecdotal tales that resonate with us and really scare us because they sound horrible when it happens, you know, like that ten million dollar cup of coffee at McDonald's or something.

SPEAKER_01 25:41

I was remembering the last time I went. So the last time I tried to get them I don't have umbrella right now because I wouldn't do it. Do you know why? The first one Because you live on the water? No, that was not it. Oh. No, because I hosted a podcast. Oh we don't we wouldn't always I said, Oh, come on.

SPEAKER_02 25:57

Oh, that makes sense because the risk. Yeah.

SPEAKER_01 26:00

We could say something about somebody. So I've so if I wanted one now, and then it turned out, by the way, because my house was built about the time George Washington was in office that they they wanted a whole bunch of things. They want to know a bunch of whole things about the house that I couldn't find anyway. So they wouldn't do it for that reason. But um it was the podcast thing, and and so now to get uh an umbrella policy, I'd have to lie. No, I don't host one. What's that? Did you get a price? Not even got to that point. When they started asking all the questions, they're like, no, we can't do it.

Umbrella Policies Explained

SPEAKER_02 26:26

So I'm just gonna do a little checking. I'm gonna look this up.

SPEAKER_01 26:30

So you better go back and look at your homeowners and see if they cover your outrageously controversial comments on your podcast, my friend. They might change their minds. Very quick. In fact, if they know who Don McDonald is, you're out.

Podcasting and Personal Liability

SPEAKER_02 26:43

Hold on. I'm just just checking what the premium is. Uh let's see. Typical real-world range is uh three to six hundred for a million dollars. Uh let's see. So he's paying on the high side, right? He's on the high side. Yeah. But maybe he has higher risk, you see, that's the thing. I'm going to check the podcast host thing and see if anybody says anything about it here online. Uh let's see. It says, yeah, you can get an umbrella policy that will that will cover you for decades.

SPEAKER_01 27:21

Might have been progressive, by the way. So I don't want to defame anybody, and I don't want to get sued by the people who work up with the market.

SPEAKER_02 27:28

Exactly. I'm going to do some checking into that just for fun. I just remember too.

SPEAKER_01 27:34

I know.

SPEAKER_02 27:35

Believe it or not, just so everybody knows. Yeah. I I am too.

SPEAKER_01 27:39

I'm a podcaster. Just like Tom.

SPEAKER_02 27:42

I I'm a podcaster like, oh, another 33 million people in the world. Yeah. Trevor Burrus, Jr.: Whatever it is, everybody's a podcaster. Or says they're going to be.

SPEAKER_01 27:53

Remember those days where everybody's gonna do their own podcast?

SPEAKER_02 27:56

We're serious about this. We're actually ranked.

SPEAKER_01 28:00

Five days a week.

Closing Thoughts and Resources

SPEAKER_02 28:01

No, ranked. People rank me all the time. Oh, that rank, okay. Podcast podcast. Rankings. All right, we have to wrap another show up. Thanks for being a part of it. We really do appreciate you being there. Give us a call if you have a question at 855-935-talk or send your questions in at talkingrealmoney.com on the contact form. And if you really have a big long one, you know, it's like a planning question, then what you should do is probably spend a little time with one of Apella's fiduciary advisors. And here's something we will absolutely promise you. And we can't promise much. We promise you they're not gonna charge you, that they're not gonna pressure you into buying or doing anything that is gonna cost you money. You're just gonna get up to an hour's worth of help. And that's all. You're not gonna get much past that because then we need to charge you for it, because that's how we make a living. So does that make sense?

SPEAKER_01 29:00

I don't think so, but I don't think at this point it really matters because you're in the last one half of one minute in the fourth quarter. So it's the time getting darker.

SPEAKER_02 29:09

Uh so go to talkingrealmoney.com, that's our website, and then click on the button that says meet an advisor. It's just way too easy. And please tell everyone you know everywhere on the planet, because anyone anywhere can listen to us, that they should be listening to what's the name of the show again, guys? Talking Real Money.

SPEAKER_05 29:30

The opinions and views expressed on this podcast were current on the date recorded. Opinions, estimates, forecasts, and statements of financial market trends that are based on current market conditions constitute our judgment and our subject to change without notice, including any forward-looking estimates or statements which are based on certain expectations and assumptions.

SPEAKER_04 29:44

Although information and opinions given have been obtained from or based on sources believed to be reliable, no warranty or representation is made as to their correctness, completeness, or accuracy.

SPEAKER_05 29:53

Information presented on the podcast is not personalized investment advice from Opello Wealth. The views and strategies described may not be suitable for everyone. This podcast does not identify all the risks, direct or indirect, or other considerations which might be material to you when entering any financial transaction. Past performance does not guarantee feature results, and profitable results cannot be guaranteed. We hope you realize that the information provided on Talking Real Money is for informational, educational, and hopefully enjoyable purposes only. The podcast is not trying to get you to buy or sell any financial products or securities. Instead, the program is provided as a public service by Apello Wealth, a fee-only registered investment advisor.

SPEAKER_04 30:26

The Apello Wealth ADB Party to AR website for information regarding Appellate Fees and Services.

SPEAKER_05 30:31

Apollo Capital, LLC DBA Apello Wealth, is an investment advisory firm registered with the Securities and Exchange Commission. The firm only transacts business in the states where it is properly registered, or excluded or exempt from registration requirements. Registration with the SDC or any State Securities Authority does not imply a certain level of skill or training. Apello does not provide tax or legal advice, and nothing either stated or implied here should be inferred as providing such advice. Thanks for listening, and please visit talkingrealmoney.com for more information and important disclosure related to performance of any specific index or fund quoted in this podcast.