Let_Grandpa_Speak_08_30_25

Episode Transcript

Speaker 1 (00:16):
Right, that's my music. I like that. That's my music
today to everybody, and welcome to the show. Let Brandpa
speak the voice of the fifty plus. I'm your host.
I'm your host that talks to the most. I have a
lot to say, and what I have to say you
can use and benefit. I teach man Uh, I teach

(00:41):
common sense. Is what I've said. I love everybody, and
I've been raised up to feel that way that I
love everybody, but I know it's mostly about me. But
wouldn't it be nice if everybody could love everybody? You think,
wouldn't it be wonderful and different and just it's great
to know? And maybe then every if everybody loved everybody,

(01:06):
we would stop killing each other. Maybe that that's what
would happen, because they don't do nothing but cause misery
and unhappiness to the people that are left back here.
So we need to change that. We need to realize
thou shalt not kill and we should love everybody. Those
are the two things I say talk about, and that's

(01:27):
why I teach common sense. Common sense. Lets you know
all of that, we're wasting our time doing all that stuff,
and we're harming ourselves and other people, and we all
need common sense. That's all it is. You already have it.
I just bring it to your attention. The reason why
I know so much about common sense that people would
want to know my grandmother could not read or write.

(01:53):
She didn't know none of the stuff to them, but
she had common sense. And as kids we grew up,
we didn't even know she couldn't read and write for
a little while until they finally dawned on us because
the incidents would happen and we found out she can't
read and write, but she had coming since. And that's

(02:14):
when I realized everybody has it. You don't have to
be you don't have to do anything to get you
automatical habit. All I'm doing is reminding you of it.
You know, That's all I'm doing, And that's all we
have to do. Now, you all ready to know now
what to do and what to practice. I'll give you
that information. I'll tell you how to be happy, I'll

(02:34):
tell you how to live your life, live good and everything.
And that's all I'm interested in. I'm not trying to
get you to follow me. I'm just trying to get
you to follow yourself, get yourself going My advice to
seniors is, after you retire, what are you gonna do?
Most seniors, after they retire, what do they do. They

(02:57):
start sitting around thinking that their life is over. Now.
They work thirty five most of forty years, most of
them do, and that when they get out of that
working for forty years, they think, that's what they think,
I don't have no more life because they don't. They're
not working anymore, but they because they didn't prepare for
their retirement. And that's what you should. You should keep

(03:20):
being busy, you should keep being active, and you should
get an agenda something that you can do that's about you.
Living life to the fullest is what we should do.
As long as we all breathing. That's all that is.
Get yourself together on that, and I think you will

(03:41):
find out that your life will be much more enjoyable. Retirement,
to me is the best thing that ever happened. As
a joke, sometimes I tell people, if I knew retirement
was this good, I will retire when I was like
twelve years old, twelve or thirty. So that's what is
all about. So I think that we need to hear that.

(04:05):
And the reason why I think we need it. I
live in the fifty place and never heard. I've seen
a lot of different things with people, and I know
that they need to hear things to make their life better.
You know. I know people sitting in a chair all
day long, or walking around crippled all day long, or
doing things that they don't want to do, or they

(04:25):
in pain all day long. You don't have to be
setting there in pain all day long. There's things that
you can do to help yourself. I know I have
the bone on bone and my knee, and I've had
the pain sometimes, you know, and it was, but it's
never bad enough for me to feel I want to
get my knee replacement. I've never had my knee replacement.

(04:49):
As a matter of fact, I tell this story all
the time. When I was when I first had sad
bone on bone, I went to the doctor's office and
he said, well, I'm gonna have to replace your need.
And I wasn't quite ready for that some reason, For
some reason, I got I got to Willis. I didn't

(05:10):
I didn't want my knee replaced. So I told him
I said, I don't think I want that.

Speaker 2 (05:14):
Doc.

Speaker 1 (05:14):
He said, okay, said don't worry about it. You'll be back,
he said, I'll be here waiting for you when you
get back. I never went back to him, and I've
never said that. About thirty years ago, I still have
the knee, and now the need don't even bother me
as much as it did back there, you know, but
it's what you do. I known how to live my life.

(05:38):
I've learned how to make your adjustment to my life
through common sense. I know sometimes you figure, well, if
you don't get it through more professional voices and people,
you're not getting it. But you have the mindset in
you already. You already know the good and bad, right
or wrong, truth, a lie. You know the things, the
basics for everything. You just practicing them. And what you

(06:01):
need to do is start practicing. But we don't practice
them because we're not taught that. Our parents don't teach
us the write principles that we need. So when we
get out of them, we get older somehow or other,
we go to this place or to that place in
our life. And as we grow in our life, we
learn more, we read more, we expose some more, and

(06:23):
all of a sudden said day that wasn't life right
what they said they it wasn't right. It wasn't the
right thing for me to know and learn. And that's
what it is. A lot of time we're not taught
the things that we need. But sometimes we're taught to
common stuff like defending yourself or being aware of this

(06:44):
or what we're going to talk about fraud later on.
And but that's what you sort of run into. But
if you have an agenda, you can do fine. So
whatever you do, you know, stop doing nothing. Don't just
do nothing. If you do, you're gonna lose everything. You know.

(07:05):
They say, if you don't use it, you are going
to lose it. And that's not a joke. That's not
a joke. I see a lot of people who have
lost it. If you keep going, you'll be fine, keep thinking,
you'll be fine. Your confidence and your what you feel
inside is very very important. We have a mind in

(07:28):
our head, and that's where everything seemed to work from now.
You know, if you notice that, what do you If
you don't have your mind, you don't have anything. Stop
and think about it. If you don't have your mind.
So what we need to do is keep our mind working.
Sometimes we need to learn more, try to get more understanding.

(07:50):
Most of the time, all of us think we know
everything and we don't know nothing. You know, a lot
of people figure they know all the things. You sit
down and you talk. Everybody got a solution for everything.
They got a solution for this, They got a solution
for that, But they don't have a solution for themselves.
You needs a solution for yourself. We're not living outside.

(08:12):
We're not living we're living inside. You know you you
you're not living the two feet from yourself outside. We
do have energies, we do have vibrations, which I believe
because I believe in science and I have a science background.
So what science does, It's it proves itself and it's
it's good. It's getting more and more invasive into our

(08:35):
lives and we're gonna see more and more exposure to
science and what it's all about. And I think the
last benures of our life is to check and to
learn about ourself. Now, when you retire, the one thing
you do is start laughing, have fun, because when you
laugh and you have fun, you ain't see nobody laughing

(08:57):
and have fun in the hospital. They don't do that,
They be sending them. Keep yourself laughing, keep yourself happy.
I laugh every day. I keep myself happy every day,
and life will work for you a lot of times.
That's how you get rid of a lot of things
that you might run in. The Next thing I tell
people is common says, tell you fill yourself with love,

(09:19):
love everybody. That don't mean you gotta go around there
kissing everybody telling them you love them and all the old.
When you say that, it's for your benefit because it
means that you have love in you and when people
see you, they're gonna feel they get that radiation from you,
and they're gonna love you. That's what it's all about.
So do that. Then I'm gonna tell you about sex.

(09:40):
As people get older, they figured, oh I'm gonna have
sec no mother. We have vilified sex, and sex is
and sources of human beings. That's how we get it
through sex, but we vilified it. Sex already proven. The
doctors tell you gives you longevity. So if you want
to live a long time, there's your answer. That's what

(10:00):
you have. Because when you have sex, you keep yourself
looking good, You keep yourself looking a certain way because
you want to be attracted to somebody else. That's what
that is. Also peace. What about peace of mind? Boy,
that's one of the greatest things ever. Where you're not stressed,
you're not worried about anything. You live in a peaceful life,

(10:23):
and that's what's called peace relaxation, and you just feel good.
That's wonderful part. I feel that part all the time.
And then the other last part I'm gonna give you
is health. Make sure you keep your health going. They
have many doctors, they got all kinds of nurses, they
got all kinds of new equipment, new ideas. Research has

(10:45):
been very big in this country, even though sometimes you
wonder about it, but anyway, research is very big in
this country. So they have a lot of answers and solutions.
I always try to get show. I give you what
these answers and solutions are. There's a lot of wonderful
programs that have for seniors to do and to carry
on in their life. I'll try to make sure you

(11:07):
understand that. I'll give you that information if you keep
listening to the show, I will get it to you. Now,
the lack of the things that I told you about,
the lack of these things about laughter, love, sex, peace
of mind, health, and all that stuff that's what's harming
you if you don't have it, You've got to have

(11:28):
that to be in harmony with nature. Nature is what
we're doing. So it's just common sense. If we keep
ourselves aligned with what's good. Got to have what's good,
and that's what it is you're here without, then we
fade away. Our life is not to goin to be.
We have all kinds of problems we be dealing with,

(11:50):
and you shouldn't. When you retire, you should be through
with all the problems. You need to stop doing the
things that will keep you unhealthy, stop doing the things
that don't. You know, if you get old, maybe you
might have to stop drinking hard liquor. Maybe you have
to stop smoking. Maybe you have to start doing some
of the habits that you have. You may have to

(12:10):
change them as you grow older. You know what, why
not you smoke for forty years? Why not get rid
of it? You don't need it no more. That's all
like that. Anyway, You got to keep yourself healthy, is
That's all I'm saying. The opposite of thinking wrong will
harm you if you're not doing the right thing. So

(12:31):
that's not basically what it is. It just really common
sense don't stop doing the things that keep life going,
that keeps you going and healthy. Do it. Keep moving
every day you used to get you don't do that
no more. But you know I'm retired. I retired a
long time ago. And what I do now, you know,
I may pay a little golf, I may bold if

(12:52):
I don't do anything. I do walk. The last thing
is that I can tell you walk. Anybody come over,
well my leg you walk anyway, walk with them hurting.
I walked, my legs were hurting. I had decide to nerve.
I know, because I know what I'm talking about. I've
already been through all of it. I just kept walking,
and the doctor told me that keep walking. Don't stop bill,

(13:15):
because if you stop, gonna be hard to get started again.
Keep walking, I say, but I'm hurting. He said, walk
when you're hurt. So what I did I was got slick.
Well I didn't get slick. I just got a solution.
I give me a pain pill in the morning when
I'm gonna walk, just before I walk, I take a
pain pill. Usually I walk fen fifteen thirty minutes. I

(13:38):
don't feel it, so you can do that. That was
my solution. I don't say you should do that every day,
because I don't think you should take them pain pills
every day, but that would helps on the days where
you just figured you can't move at all. Said, that's
my solution, just common sense. Like I said, the past

(13:58):
is over and need to concentrate on the future. That's
another good thing. But keep you active in life. If
you have something that you're planning on in the future,
because you look forward it. If you're looking at that
to day is the last day I'm living, you might
be right. But if you keep looking at the future,
I want to do this. I want to do that.

(14:20):
There are things that you want and to do in
your life that you never had a chance to do before.
So now as you gain older, you get a chance
to do all those things. I've heard some great stories
of people doing things and people who go to school
later in their life. People who do this and they
become lawyer, lawyers or teachers or whatever, just by because

(14:40):
they have the time. You forgot, I don't doing anything else.
So they go and they achieve what they're trying to do.
So it can work. You can change your lifestyle if
you want to, rick, but replace it with something better.
If you're going to change it, replace it with something better.
You know, they all saying, if you want to change something,
makes something better, present that. Don't tack your old world.

(15:03):
You don't have to attack your old stuff. Just present
the new stuff. The new stuff will make the old
stuff obsolete and they won't even be there no more.
It just go away. So you don't have to fight,
you don't have to be in no argument and everything.
Just do what something to replace it, you know, Like
that's what it's all about now. Just because you made
it to seventy or eighty, it don't mean that your

(15:26):
life is over. Get that part. If you get it,
don't mean it's over. Keep doing things, find the happiness
that you deserve, that you want and you need, you know,
don't do all that stuff. Do to what's doing. Practice
common sense. That's my common sense version. And we're gonna
come back and talk about fraud, all the fraud that's

(15:48):
in the market today that we always have to deal with,
and seniors is the one today charge with it most
of the time. Okay, I'll be right back. Make sure
you stay tuned because I got some good information that
may save you some money and may save you us
a lot of misery that you'll deal to, So stay tuned.
I'll talk to you them.

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Speaker 1 (19:51):
I like that as my group. Anyway, we're going to
talk about fraud and I got this book. It's from
the California Department of Business Oversight and it's I have
I have some books from the Attorney General as well,

(20:11):
but some reason I got this I wanted to do this.
This one just talk about because the first thing they
talk about is ponzi schemes. Now I don't know. I
know a lot of people are talking about buying bitcoin
and cryptocurrency and all of that, but I took a

(20:33):
course maybe four or five years ago and how to
be a financial broker and how to invest in all
of that. And one of the things that they taught
in that class was that, uh, cryptocurrency is not a fraud,
So be careful about that if you buying cryptocurrency, because

(20:57):
the way cryptocurrency work is people saw it's not attached
to a product or anything else. And this is what
they learned that it's by not being attached to a product.
It it it. It works by hedging. You might not
know what hedging is. Hedging is when they bank or

(21:17):
any big institution with a lot of money will buy
like a stock or buying anything, and they'll run the
price up because people will say, oh, they're buying over there.
The price is going up. So if you're investing, your
run and go buy it. When the price go up
so high and they made the amount of money, they
won't they're pulling money out. That's why bitcoin, it goes

(21:38):
down this this like that, they pulling money out. I
think I've been watching it recently and I think that
they're being sick of with it now. What they're doing
now is they're they're running up. They running up now
to one point thirty, but they're taking money out all along.
If you know how to read the graphs and that
that they that comes out, that that lets you know

(21:58):
how money is going. Once you learn how to read
that graphs, you can see it. So I'm seeing the
graph they go up and somebody takes the money out
to see that red streak go down that again, then
they go up, somebody take the money. So that's the
way they're doing it now. Maybe they won't put it
all out at once because they hurt a lot of people.
The last time they did it, seven hundred and forty

(22:20):
some seven thousand, seven hundred thousand, yeah it was, it
was seven hundred thousand people lost their money. And that's
why it will happen to you if you're not careful.
If so, if you're gonna buy a cryptocurrency, make sure
you get out in time. You don't, it's gonna go
back down. It's like a one it go up maybe

(22:42):
one thirty or whatever, but it goes back down because
like I said, it's not a tax to any product
or anything that is going to goes up because people
put money in there. People start buying cryptocurrency, then it
goes up in price and look and it look like
it's a good deal. Be careful. That's all I can say. Okay,
the first thing we're gonna talk about is the promise

(23:03):
Ponzi and pyramid scheme, and they have them all over
for some reason, other these people can do this. We
don't have stiff laws enough to protect us from Ponzi's
or pyramid schaming. They do have laws, and there's a
there's a department out of Washington, d C. That's supposed

(23:23):
to regulate these, but many are fraud scams involved ponsee
and pyramid schemes. They's the way they work in which
to invest the money is used to make pabies. What
they'll do, they'll started starting and if the payments you
put in afterwards is what they'll pay the other people
to make them think okay, this is working, so they'll

(23:45):
keep people money in it. And it's not working, but
it looks like it's working because they'll pay some people out,
they'll give some people, you know, a little bit of
here and they said, wow, looking, I gotta check today
or whatever it is. And that's what But it is
not what you think it is. It's not a safe investment.
So make sure you pass it up. So and what

(24:05):
they will do. I've had this experience in my family
as well. What these people will do, they'll come to
you with this big deal. Now, what the book's saying
here is you've got to be suspicious. You gotta be
suspecial of everything, and we should be suspicious of everything,
especially when we're spending our money. Now, each new recruit

(24:26):
must make up a front investment or purchase. Now the
last thing, last time that I've run this or had
an experience with it, that's exactly what happened. If they
tell you, okay, you we gotta we're gonna charge you
two thousand dollars to join our group. You're two thousand

(24:49):
dollars are in our group. You have to invest something
in it to get started. You get your starter kit,
is what they're saying. Once you paid the two or
three thousand dollars to start a kit, and this is
all scammed now new recruits are required to purchase more
product than they can reasonably be sell. Now. I remember

(25:11):
there was another plan way back in the day when
people had a garage door and they had a garage
of stuff that they couldn't sell. You had all thousands
of dollars of stuff that they could not sell. And
that's what it is. So what they're doing, they don't care.
They'll have a product there, a little cheap product there
that they're offering you that would cause you to get

(25:34):
into it. This is your investment. And if you could
sell this stuff, you'll do just fine. And they'll be
telling you all the time and boosting you to sell
the product that you sell, and you're not going to
do any good. You're not going to make any money
even if you do it. If one man told me,
say he stayed with it all the way, I think
he said, he went up he's put about fifty thousand

(25:55):
in it, and then all of a sudden, even when
he got up high, they could not pay them anymore
because the money was used for the The people are
using the money for their personal self. That's what they do.
That's their personal income that you're giving them. You think
you're investing. But it's their money. Yet you're giving them
so that they can live the lifestyles that they want. Okay,

(26:18):
so be careful, be careful with and ponzis and pyramids,
and be careful I'm telling you with cryptocurrency because like
I say, it's not a test to anything, but you
can you can get in it. You might can make
some money. Maybe you won't, you know, but you'll see.
All right. The next thing I'm gonna talk to you
about that seniors need to watch out for is the

(26:40):
free lunch seminars. I get them all the time. I
get it. I get them all the time. Give you
a free lunch. Go to Applebee's or go to somewhere
else or or some other other place. They go to
these famous restaurants, you know, and they say, come on down,
we're gonna give you a lunch. They're not doing that
for nothing. They're not doing that for what you think

(27:03):
it are because they're saying we're gonna show you something
or tell you something. But that's not the purpose. The
purpose is to get you to buy something, that's what
it is. Seniors frequently are invited to go on these seminars.
They offer this free meal they get information about investment opportunities.
They may get investments about burial things or things that

(27:27):
they may be more interested in cremation and things like that,
all that stuff. That's but what they're trying to do
this is investment opportunities, insurance products of what they're selling,
wills and trusts. That's what they're doing and that's what
they're going to get you in. Now. These free mail
seminars are rarely about education. Hey, really, you get it.

(27:49):
Their goal is to recruit new clients. They want new
people in it, and to sell their products if they
can get it. Some of them. Now, you may try
to tell you unsustainable investments and all that stuff like that,
but you don't want to get into that anyway. You
may not disclose their fees. They won't just show you

(28:10):
what their commissions are. They won't tell you the certain
things that you need. Get away from it. When you
see that happen, don't even be in it. Making it
difficult to compare or watch their services. Get away from them.
Some events are just deploy they're bold to obtain your
personal and financial information. That's what they're doing. So once

(28:35):
you give them all your information, they're gonna want this
and want that. You got to qualify to get to
get their products because they're not gonna sit. So that's
what they used to do it, So be very careful
about that one. Now we've covered the ponds of scheme.
That was the free lunch seminars. You gotta be suspicious
suspicions of all this stuff. Now they talk about annuity.

(28:57):
I'm not I've never had any experience about annuity abuse,
but I've heard that it is very tricky and you
have to be really careful when you if you're going
to buy annuities. Now, the best thing I think they
have courses and classes that you need to take. You
need to take a legitimate class on how to purchase

(29:18):
annuities if that's what you do. And anewity is a
contract in which an insurance company makes a serious of
payments to you if you put money in at a
at a regular intervals and in the form of a premium,
a return premium. I knew it is often purchased for
future retirement income. A lot of do that they invested

(29:42):
because of that reason, and they figure that when I'm older,
I'll have my income money. And I knewity is a
complex contract, and it's important to know whether it fitsh
you or not or your situation. But you're signing a
contract for some an annuity can be inappropriate. It may

(30:05):
not be the thing you do, it may be the
wrong thing. Overall, financial plan for you, consider your goals
as well as how much risk you're willing to take. Now,
a lot of people know a lot more about I
do in buying annuities, and a lot of people know
how to buy them, and I guess they do very
well in doing it. But make sure that's what you

(30:25):
have to do. You have to get a clear understanding
before you buy them. So that's the only thing I
can tell you on that. And you may think you've
been a victim of this type of abuse before, but
you need to contact the California Department of Insurance for
more information on how to file a complaint if you
have gone through anything like that. That's where you get

(30:48):
the information. You know, remember that California Department of Insurance.
Call them, tell them if something happened to somebody pulled
on these annuity schemes on you and you want to
get your money back. To do that, Okay, I'm gonna
sift through here and see commodities fraud. They have have

(31:12):
all kinds of different frauds. Online escrow scams, now that
is the one you gotta really be careful about because
a lot of people use they lose their property by
following dis abusive stuff. Carefully evaluate online escro sites before
signing up for any service. Many are just phony. They're

(31:37):
out to get you there, copycat sites. You you gotta
be very careful to that, and don't do it on
the internet. If you can, avoid any escrow services that
does not list in an address and phone number of
their business and let you know where they are. Some
of them you can't find anything about. Do not give

(31:58):
personal information financial information over the internet. And you know what,
always the internet is always asking you this and that.
I get that all the time too. There simp and
then they'll tell me, okay, well, before we can tell
you what we were about, we need to get your

(32:19):
your email, and then we need to get your phone number.
And then sometimes they let then you need to get
your social Security number. We need to well you say, well, well,
we can't process for this for you if you don't
we don't have all this information. So then you start thinking, well, okay,
you have to wait the difference. Is it worth it?

(32:41):
I say no, when they start asking you for those things,
don't do it. Let let's see, in the month of July,
my credit card was compromised twice. It was compromised twice
because of stuff like that. So you got to be
very careful. I think I was giving money to Even

(33:03):
if you give money to certain organizations or things like that,
be very careful even about that, because you find out
all of a sudden you use if you use a
credit card, especially over in that you want to find out.
You find out your account has been compromised, somebody has
done try to purchase something or buy something with your card.

(33:26):
Some people say, my whole account has been cleared out.
So that's why you got to be very careful. You
want to give something, and you want to participate in life,
and you figure that you want to do all these things,
but you got to be very careful. Now abuse it
mortgage than in practices and frauds. The main thing. I
think you about to get that, and they're doing the

(33:47):
real big big time now asking people if you have equity,
use your equity for something you want to do, investments
and stuffing like that you know, if you happen to
have an investment or something, maybe that's what it is.
But don't get caught up in the thing. And I
get the letters all the time. I know you do too,
and the information on that andnet and everywhere else asking
you to use your equity for paying off bills or

(34:10):
buying a car or doing this that. Don't use your
equity for anything, even though I guess you could use
your equity, have reverse mortgages that you use your equity in.
I'm not one for. I just think you need to
leave your equity alone. And if you have something that's

(34:31):
worth you investing in, you know, then find then draw out,
draw it, take out, take it down. But a lot
of times they will start making you redo your whole mortgage.
So now if you if you draw that money out,
if you get one of these companies and you draw
that money out, they may start your original contract. Now

(34:55):
get over again, and now you got another thirty years
to pay all something that you had all been paying
on maybe fifteen or twenty years. So you don't know
the reading it needed to refinance things like that. Make
sure you don't do that, because if you do, you're
gonna go back to day one, and that's where you're
gonna get tricked at out, you know, So don't don't

(35:17):
do that now, frequent refinance number loan, they call it flipping.
You know that results in a little or no economic benefit,
and you keep paying money out because you got to
pay all those principles again, all those closing costs again.
That will get you. So think twice if you do it.
If if you've got a good product, or you know

(35:39):
I can find I can take out, take my equity out,
don't spend its finance and put it into something else.
A lot of people do not know the difference between
an asset and a liability. You have to know that
is this an asset for me or it is a liability.
It's a liability. If I take my money out with

(35:59):
no plan to purchase something that can benefit me, don't
take your money out unless you're gonna find something that's
gonna make you money. If you're gonna put your money
into something, maybe you I don't know what it would be.
I don't have any idea what would be, but it
should be something that would make you earn more money.
So it's a benefit. So that way you can pay

(36:21):
that loan off real good. And also they have loans
now where you don't have to refine your whole market.
They got them now. You can just pull your money
out and that's new. It's all been out too long.
I think maybe a year or so that you can
draw all your money. You can draw your stuff out
without refinancing your market. Do not refinance your markets. If

(36:44):
you've been planning for now, you've got a lot of equity,
don't refinance it for that. Leave it there or whatever.
But if you want to get it out, get it
out and do what you have to do. Make sure
you use the money in a proper way. Don't just
get it out just money to throw away. Don't get
it out to buy a car, because a car is
a liability. Even more you pay on it, the less

(37:08):
value it has. And as you keep paying them, by
the time you get paid for get it paid for it,
you already use repair all changes. You put so much
money in that car that it may not be worth
to do about it. You know, if just buy something normal,
as if one rich man told me, very wealthy man,
he said, I buy use trucks. That's what he drove.

(37:31):
He drove trucks, he said, so I buy and they used,
and so he does very well with that. It's it's
a very good idea. But a lot of people use
their car as a status symbol, you know, so they do.
You know, I thought a very expensive car, but I
can well afford it. I don't. I don't have anything,
you know, I might need to try to spend all

(37:52):
my money just for the hell of it, like some
people are doing. So you got to find things that
But if you if you're not, but you know, pretty
much solvent in your life and everything, be very careful
about changing your mortgage. Use it. They have all kinds
of stuff. They even sometimes they have balloon payments to

(38:13):
conceal the true burden of finances. So they're gonna charge you,
so don't do it. There's a no cost, low cost
and no out of pocket refinanced. It is too good
to be true. Don't be careful. Then it is not
really a deal. You've been taken advantage of. The cost
is included somewhere in the loan, perhaps in a higher

(38:37):
interest rate. You get a high different interest rate, so
you've got you know, just be careful with that. Augustine
finances and fraud abuse. And this do not let embarrassment
or fear stop you from reporting fraud or abuse. If
you have that, don't go. Don't figure where you embarrassed.

(39:00):
You being trick. Oh god, I can't tell nobody else
that I was just dumb. I can't tell anybody that
I was just stupid. So no tell it. Come up
with it saying if you have any doubts about an investment,
or you feel that you may have been a victim fraud,
get talked to somebody. Please, they got pleased here to

(39:21):
please report your concerns immediately and do it to the
department to protect you and to help protect other people
as well. And that's what it would do because when
you stop it, then other people you know may not
have a chance to get into it as well. So
it's a very good idea to be careful about that. Now,

(39:42):
check before you invest, always check before you put your
money out. Find out something you know. I'm fortunate because
I have access to a lawyer, and the lawyer always
they can check really good. They got those abs and
things that they can check. If you don't have a lawyer,
then check just they'll pay sometime. You can get away
with fifty or twenty five dollars asking them a check

(40:05):
for you, you know, say, look here's what I need
that just need for you to check this so that
that little money that you spend maybe something that will
saved you a whole lot more money. So maybe you
better be careful now, check before you invest before you
invest in anything. That's what the department said. Now if

(40:26):
you if they said, and you can contact the department
that you need to to cover these things. They got
a phone number they got you know, well they got
a lot of phone numbers on different stuff. So make
sure you check now. I was reading this book earlier,
so I wanted to get to a point where they
were telling me they had a list of things that
you need to do and to watch. You can also

(40:48):
get get copies of these kind of things like this too.
Like I said, somebody sent me a whole Listen, this
is what I want to tell tips. These are ten
tips to avoid cyber fraud. Remember I tell you about
saving from be cautions of emails that contain a test file.
The files may contain viruses. Be very careful if you've

(41:11):
got the service on there on your if you're computer,
my service tells me this is not a good website
to go to. Don't go to that and stop me.
But you have to make sure you do it because
black they'll have the test files to it, they have
a lot of viruses in it, and they'll mess up
your Internet services. The next one is to avoid philling

(41:34):
out forms, contained and email packages that ask for your
personal information. I just went over that with you, so
make sure you be careful. These are the tentatives that
the Business Oversight in the government's talking about for fraud.
Do not rely on unsolicited spam. They pop up messages

(42:01):
that may ask for personal or financial information. Be very careful.
You could easily get caught up in it too, because
these people are very good. They know how to get
to you. They know how to make you disarm yourself.
So you got to be very careful. Don't disarm yourself.
Do not click on the links in an unsolicited email.

(42:22):
If you didn't do it and you don't know what
it is, deleted. You don't need it deleted. You may
think you need it, but you don't need it. But
I got to stop her.

Speaker 2 (42:31):
Now.

Speaker 1 (42:31):
I've got a call on the line.

Speaker 2 (42:32):
Call of you there, take grandpa, are you doing.

Speaker 1 (42:37):
I'm doing just wonderful. I'm trying to tell seniors how
not to be scammed and fraud. A lot of it
happens all the time. And somebody requested this subject.

Speaker 2 (42:50):
Well, I know there's a lot of people who actually
get hit with consolidation loans. And you said something about
don't use your mortgage, your equity and your property because
they have hidden balloon payments. And some of these consolidation

(43:13):
loans do the same thing. Yeah, and you're doing it
amongst strangers, and there's a lot of pressure on these
people to sell you from putting your money with them.
They can approve the loan, but what they say they've
given you is not what.

Speaker 1 (43:32):
You're getting, right, Yeah, they.

Speaker 2 (43:38):
Right right, because by the time they give you, a
contract is supposed to be a mutual agreement. It's not
supposed to be I got my way and you don't
have no way. That's that's not a contract. Are those
they're legal, but that's not the way a contract is

(44:02):
supposed to be written. Both parties involved are supposed to
be getting the benefit, and the average person trying to
borrow money. If the best way if you really want
to get money is go to your credit union, uh,
or go to a bank that you can talk to

(44:25):
the person that's there. And of course if you can
have someone who's in law, a legal person to help
you out, Yeah, negotiate your your way through this because
otherwise it can be heroin trying to you know, you're

(44:46):
trying to get out of debt. You've done nothing but
mad yourself getting greater debt.

Speaker 1 (44:52):
Yeah, you got right, right.

Speaker 2 (44:57):
But the point is is that that you see yourself
down the road being able able to recover and you're
going to get a windfall situation that's going to allow
you to pay everything off, and it never happens. So
now you're stuck with the big bill that you developed

(45:19):
trying to get out of.

Speaker 1 (45:20):
Trouble, right, right, So that's good advice.

Speaker 2 (45:27):
So it's a good show. I appreciate all the information
you're passing out because I showed you need.

Speaker 1 (45:37):
All right, thank you very much. I appreciate your call.
Bye Grandpa, all right, bye bye anyway telling me something
right there, be very careful, like I hadn't thought about that.
But the loan, you got to pay it back anyway,
So why should you create a bill for you? I've
never understood about the equity thing. I got a lot

(45:59):
of equity.

Speaker 2 (45:59):
In mine home.

Speaker 1 (46:01):
I always wonder if it's my money, how come I
can't just draw my money out. Where's this equity coming from?
When I draw my money out, I owe somebody something.
You said it was my equity. Like why it goes
on and on, and I guess the only time you
can get your equity is when you sell your property

(46:21):
and everything. That really doesn't make sense to me to
tell me I got about two or three hundred thousand
dollars worth of equity and my property. But if I
pull it out, I owe somebody, you know, So that
to me is not right. Anyway, Let's try another number five.
If you receive an email claiming to be from a

(46:41):
company you do not do business with a contractor business,
to verify that email is genuine, make sure you find
out what you're talking about. If you get anything that
you didn't solicit yourself, that's when you should be suspicious.
That's me. I'll get things like this, you paid your bill,

(47:03):
thank you very much, And I deleted immediately because I
don't know that company. I do not have that bill.
They're very slick now on the computer. They're telling you, oh,
we thank you so much for your payment. We just
need to talk and get this and we need to
get that. So now payment on what. I don't know you,

(47:24):
and I didn't have any payments on that, but I
guess the scheme work because they're certainly doing it, and
I'm sure you've received it as well. Okay, Now log
on directly to the official website for the business identified
in the email instead of clicking on the link at
in an unsolicited email. Don't do that any unsolicited emails.

(47:49):
Be cautious of it. I don't care what they say
or how good they make it sound. Be very cautious.
Why would they send you this email. They don't know you,
they don't have your best interests at heart. They're trying
to make money, that's what that's so keep that in
mindset that this is trying to do what it's got

(48:10):
to do. Okay. If an email appears to be from
your bank, or your credit union, or your credit card
or your credit user, or other companies that you deal
with frequently, your statements of official correspondence from that business
will provide the proper contact information that you need. Financial

(48:31):
constitution will not request your personal information. On email there is,
so you know, don't do that because they are not
if it's legitimate, they're not doing that on the mail.
Someone just recently. Well, if it's a government thing like
you have to do like at taxes or whatever, your

(48:52):
assessor's officer or something else, you may have to give
out your information. If not, tell them, some of them,
just tell Just give me your last fard. You don't
have to give me your whole social Security number. Give
me your last ford once they get your address, once
they get the information. I'm a victim of it. I
get stuff every day. I'm ana like, I'm like, I'm

(49:14):
being I look at my phone. I say, I have
a phone, but it's in the advertising business, don't it.
Don't do anything for me. My phone advertised and everybody
has my number every I don't know where they how
they do that. I guess they send money. They get
your number one time, and then they send it out

(49:35):
to everybody. Like I said, I was coming to My
credit card was compromised two times. But I have the
Credit Union and they're very sharp, so they were able
to save my money and kep save me from being
law anyway, avoid exposed and sensitive information such as logins,

(49:57):
passwords and your security. Do those things and you'll be
all right. So the whole idea is when I'm telling
you here, you won't remember all the little thing, but
you remember this. Be very cautious when you're dealing on
the internet with any business and check, recheck and find
out what's going on. And if you have if the

(50:17):
bank is not helping you get with a credit union,
they will be with you. Okay. At the program for today,
how to save you, how to save you some money?
And we all need that and save our money, all right,
take care of this is the grandpartment here every week.
Got a lot of information to you. I never have
a show where I don't give a lot of great
information for you to think about. You may think, well

(50:39):
I already know that you do, but are you doing it?
That's the main thing. We all know stuff, but we
don't do any of it. Okay, take care, have a
good one. Talk to you next week. Be here next Saturday,
next nine, next Saturday nine a M. I hope you
have a wonderful weekend this weekend. Ope, everybody enjoyed this
Labor Day thing, and I Labor Day holiday. I shouldn't

(51:01):
say a thing Labor Day holiday, and I hope yours
is wonderful too. Talk with you later, Love you, as
I always say, love everybody. See you next week.