October 23, 2025 • 19 mins
(October 23, 2025)
Host of ‘How to Money’ Joel Larsgaard joins the show to discuss extra rewards through credit cards, the more money you have the harder it is to manage, and AI entering the e-commerce space. LA County moves to limit license plate tracking. Cruise ships are flocking to Alaska to chase ice… but receding glaciers are leaving a new threat behind.
Host of ‘How to Money’ Joel Larsgaard joins the show to discuss extra rewards through credit cards, the more money you have the harder it is to manage, and AI entering the e-commerce space. LA County moves to limit license plate tracking. Cruise ships are flocking to Alaska to chase ice… but receding glaciers are leaving a new threat behind.
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Episode Transcript
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Speaker 1 (00:00):
You're listening to Bill Handle on demand from KFI AM
six forty.
Speaker 2 (00:05):
Five AM six forty bill Handle.
Speaker 1 (00:09):
Here it is.
Speaker 2 (00:10):
A Thursday morning, October twenty three. A couple of the
stories were following PBS SoCal announcing a huge telethon featuring
a variety of actors, hosts, musicians. Do you remember when
Jerry Lewis was hosting that it would go on for
(00:31):
twenty four hours the telethon for was it muscular dystrophy?
And he had everybody on and at the end and
who's at the end of twenty four hours?
Speaker 1 (00:43):
And kids with.
Speaker 2 (00:44):
Wheelchairs would be rolled out, you know, to pull your heartstrings.
And at the very end of the telethon, he would
have one of the kids in wheelchairs remove the wheelchair
and crawl across the stage just so he can get
some money.
Speaker 1 (01:00):
Well maybe not, but it was pretty interesting.
Speaker 2 (01:02):
Anyway, There's going to be a telethon with insane number
of people to raise money for PBS which has been
cut dramatically.
Speaker 1 (01:09):
Okay.
Speaker 2 (01:10):
Joel Larsguard, host of How to Money Sundays twelve to
two pm. His address is at how to Money. Joel,
Good morning, Joel, Morning Bill. Oh yeah, we got a
lot to cover today. Now credit cards to earn extra awards,
which I am a huge fan of, should you actually
churn them? Should you take all the extras at the
(01:33):
beginning to get you on and then you cancel and
go to the next one.
Speaker 1 (01:37):
Does that make sense? Yeah?
Speaker 3 (01:39):
So that is the practice known as churning, and it's
something that like should you do it?
Speaker 1 (01:46):
And it depends on a number of factors.
Speaker 3 (01:48):
And I think we should probably start off with the
reality that most people don't handle credit cards. Well, something
like fifty to sixty percent of people have like a
recurring balance on their credit card every single month, and
I think a lot of people in that position they
sometimes think about, or they'll think about the rewards that
they're getting from their credit cards, whether there's the sign
up bonus, the two percent cash back, the travel rewards,
(02:10):
from the spending they're doing, and maybe they minimize the
downside of that credit card and the twenty two percent
interest rate they're paying on the balance because they're like,
it's okay, I'm getting these other benefits, and the truth
is it's not even close to okay, Like if you
don't if you don't pay your balance off on time
and in full credit cards just are not for you,
at least at this point in time. When we're talking
about churning. This is when people are saying they're trying
(02:32):
to game the system, and the credit card companies are
you know, their best customers are the ones who do
have those recurring balances, and the churners are saying, we're
not going to have a balance. In fact, what we're
going to do is exploit the system for all it's worth.
We're going to sign up for as many credit cards
as we humanly can that's humanly possible, in order to
(02:53):
get all of those sign up bonuses, reap a ridiculous
number of points and you know, many hundreds of dollars
in sign up bonuses, and then we're just going to
sit back and use those those sweet perks that you've
given us, and we're never going to carry a balance.
And those are the customers that the credit card companies
really hate.
Speaker 2 (03:13):
Let me ask, doesn't that destroy your credit if you
all of a sudden sign up for twelve cards.
Speaker 3 (03:19):
That's a good question, and that it is possible it
can harm your credit, especially in the short term. If
you sign up for a bunch of cards in a
short period of time and you have all these new
lines of credit that don't have much history to them. Yes,
it can hurt your credit, but on the flip side
of it, people who are really smart about the churning
(03:40):
practice and they're kind of doing it methodically and over time,
Ultimately many of them have really high credit scores because
what they have is a ton of available credit and
they're not using much of that credit, which is one
of the biggest metrics that the credit score the credit
bureau's factor in. So if you have twelve or fifteen
(04:00):
or twenty five credit cards with fifteen, twenty, thirty thousand
dollars credit limits and you're using essentially none of that
credit limit, it looks like you're handling credit incredibly well
to the credit bureaus. So yeah, maybe in the short
term it can be a credit ding, but ultimately, for
people who do it well, it can be a credit boost.
Speaker 1 (04:20):
Huh.
Speaker 2 (04:20):
And the credit card companies haven't been able to figure
that out. There are no algorithms that put all that together.
Speaker 3 (04:26):
God, so that you would think there is. I would
say Chase is probably the best at cracking down on this,
but ultimately it's really hard for them to figure out
who are the churners and who's not and if they
cut some people off, well, was that person actually going
to eventually use that card?
Speaker 1 (04:44):
Well?
Speaker 3 (04:45):
And are cutting off some of our potentially best clients
and customers. Chase essentially has a rule that's like the
five and twenty four rule.
Speaker 1 (04:54):
If you open up more than.
Speaker 3 (04:56):
Five credit cards in a twenty four month period, they're
going to now you for a credit card. And so
that's kind of how they've been able to crack down
on it and say, like, man, whoever, if you're one
of those people who's opened up a ton of new
credit cards, we just don't want you as a customer.
Speaker 2 (05:10):
You know, I use the Chase card and because it
has the best best points for travel, and I pay
money for it.
Speaker 1 (05:17):
I have that the.
Speaker 2 (05:19):
One the reserve card that gives you a zillion points
that I pay money for the card itself. And for me,
it's all about upgrades, that's it. It's all about upgrades.
It's me sitting in business class because I've upgraded, and
you know, you sit in business class first, and people
in coach go past you, and as they go past me,
I turn, I look at the bed and I go Hey,
(05:41):
I'm sleeping to night.
Speaker 1 (05:43):
How about you?
Speaker 2 (05:44):
Oh?
Speaker 1 (05:44):
They love that absolutely, Yeah, they do all right. Now.
Speaker 2 (05:49):
The way it works is Joel sends me the topics
that we talk about, and here's one that I looked
at and I went, wow, that's interesting. It's almost counterintuitive,
and that is the more money you have, the more
money you have.
Speaker 1 (06:04):
Joel, that's very deep, I must tell you. Is that
what I said in the email? I hope that's not
what I said. I'm okay what I was getting at.
Speaker 3 (06:13):
And what is I think true for a lot of people,
And this is kind of counterintuitive, is it? When you
have more money, handling that money becomes more complicated, and
for a lot of people, actually managing money becomes more difficult.
It becomes harder because the options increase, the complexity increases.
(06:35):
And there is something about having a dedicated goal paying
off some credit card debt and building up a little
savings that I think most people like. It's they're like finite,
simple goals. And when the goals become more long term
in nature and more ambiguous in nature, I'm kind of
saving for retirement, or I'm trying to build up a
(06:58):
stash for my kids to pay for college. Like when
those goals become bigger, harder to define, and longer term,
people actually their ability to make progress can sometimes erode
because they're not able to stick with I guess some
of the tools and the methodology that got them there
(07:19):
in the first place, like tracking their spending and sticking
to a budget and kind of calculating things. Once their
income goes up, oftentimes it becomes a lot harder for
them to kind of stay in line.
Speaker 2 (07:30):
Yeah, and just by the way, I'm a big fan
of this because I have.
Speaker 1 (07:35):
A wealth manager.
Speaker 2 (07:36):
Now.
Speaker 1 (07:37):
I've done that.
Speaker 2 (07:38):
For example, my kids five twenty nine plan for college.
I funded that the day my kids were born is
when I started that. And as that money increased, I told,
you know, I gave the money to a professional to manage,
and I said, I'll make the money, I'll fund it.
You figure out how it's going to be invested and
(07:59):
how we're going to deal with it, because this is
what you do. I don't, and you know, as and
there was a time where I just barely made the
point where I could have used the money person, and
I went and did it because again, my job was
to make the money, and I do that okay, and
your job is to make it happen. And I, well,
(08:20):
I'm very very conservative with my money, but I just
didn't want to.
Speaker 1 (08:23):
Take the time.
Speaker 2 (08:24):
It takes time to actually figure out what a good
investment policy is.
Speaker 3 (08:30):
You're right and it and it takes. And I don't
think hiring someone excuses your need to have some knowledge
that you can ask good questions. And I think the
further along you get in your financial life and the
more goals you've been able to achieve, the more likely
it is that you should hire someone to come alongside
in particular help you with some of those those bigger
(08:51):
questions that you have, but also some of that coaching, right,
and some of that kind of helping you stay in
the game and continue to make the smart moves so
that you don't feel like you're going it alone and
you're unable.
Speaker 1 (09:04):
To do that.
Speaker 3 (09:05):
So I do think, yeah, as people, more money sounds
like it's going to be a good thing, Right, I've
got more options at my disposal. But then sometimes as individuals,
especially if we're not well versed in personal finance, we
have so many options and we don't really know which
direction to go in. And I think that is when
a professional can be of a lot of help in
your life.
Speaker 2 (09:23):
Yeah, and a professional can also come up with a budget,
can do the analysis and do all of it, which
a lot of us are horrible at.
Speaker 3 (09:32):
And sometimes, again, like I said, with some of those
goals get really amorphous or long term. It's really easy
for us to be like, I'm doing great, I'm cruising,
and we start to kind of round things off and
we're guestimating. And when you're rounding things off and you're
guestimating and you're not precise, that means that money's going
to flow through the cracks. And hey, guess what, You've
got more money and it can flow through the cracks.
But the if that money then does flow through the cracks,
(09:55):
you're not going to achieve those greater goals that you have.
And so, whether it's financial independence at an earlier age,
whether it is max in that five to twenty nine
account for your kid's future, like you're just going to
make progress a lot more slowly than you otherwise would.
And it makes sense, and that's where having somebody in
your corner could be the right move, all.
Speaker 1 (10:14):
Right, Joel.
Speaker 2 (10:14):
Thanks This Sunday twelve to two, How to Money you
have a good one to earn some money and don't.
Speaker 1 (10:20):
Lose it or whatever the hell you do, will do.
Thanks Bill, all right, take care all right now.
Speaker 2 (10:26):
La County is moving to limit license plate tracking. Cal
Matters did a report and talked about how many police
policing agencies in California don't even have a policy and
of tracking license plates with technology, cameras, etc.
Speaker 1 (10:46):
Well actually specifically cameras.
Speaker 2 (10:48):
And where they're going to share them if they're going
to share them with federal agencies for example, and a
board of supervisors. And that is the same thing with
for example, the La County agencies, right Sheriff's department. There
really is no policy out there now we know, Wow,
the state has a policy.
Speaker 1 (11:09):
No, there was a bill and the governor vetoed it.
Speaker 2 (11:12):
And so here is the issue. Does a police department
share information with federal authorities?
Speaker 1 (11:24):
Readspite ice.
Speaker 2 (11:27):
And as of right now it can you know, for example,
the Sheriff's department after the Board of supervisors passed the
motion saying that they're on their way to limiting the
amount of time that this information can be held to
sixty days and must then eliminate it, must be must
(11:49):
delete it.
Speaker 1 (11:50):
Unless it has to do specifically with.
Speaker 2 (11:52):
A crime, and the Sheriff's department said, we'll take a
look at it.
Speaker 1 (11:57):
We'll you know, lick.
Speaker 2 (11:59):
It's it's all over the place, and you would think
there would be a set law, and it's not. It's
simply policy as to which departments share in which departments
don't LAPD from what I understand, doesn't share other agencies.
Speaker 1 (12:16):
Police agencies do share. Others are up in the air.
Speaker 2 (12:20):
Now, as far as I'm concerned, I'm okay with the
license plate readers.
Speaker 1 (12:24):
I don't care.
Speaker 2 (12:26):
I don't have a problem with police agencies reading my
license plates. And as I zip past, if there's a
problem with me, then stop me. And there isn't. I
happen to be a law abiding citizen. God forbid. But
let me do a survey. Survey says real quickly, Neil,
Do you have a problem with the authorities keeping your
license plate number and knowing where you are and where
(12:46):
you've been?
Speaker 1 (12:48):
No, it's their license plate, all right? Amy issue with
the authorities? No, they know everything anyway. Yeah, that's true.
A will will really knows.
Speaker 2 (13:01):
Do you have a problem with the authorities knowing your
license plate or your airplane to see if it was
involved in a crime.
Speaker 1 (13:08):
No, not at all, because it's not a it's not
a right, it's a privilege. Okay, not fair enough, and
no problem, no problem, interesting, kono? Any problem. I have
a problem with authorities, yes, okay, so that's uh.
Speaker 2 (13:23):
Can you imagine everybody except for knoy a.
Speaker 1 (13:26):
Lot of problem with extra high stairs.
Speaker 2 (13:29):
Yeah, and a lot of civil libertarians have a real
problem with the authorities knowing this much about you and
keeping your license plate where let's say you've blown through
a red light or whatever, and the camera you know,
follows you, knows where you are, or just reads your
license plate, which can be done now. I mean there
(13:51):
are cameras that can read license plates all over the city.
And we're going to reach a point where there is
no place that doesn't have that kind of record. You know,
have you been to London, Central London? It's one square
mile in central London. You cannot walk two feet without
you being on a screen where police are looking at you.
(14:13):
It is one hundred percent coverage. The same thing in China.
China has one point three billion people, and the authorities,
because they have so many cameras out there, know exactly
who is what they use facial recognition.
Speaker 1 (14:31):
I mean it's wild, all right.
Speaker 2 (14:34):
If you ever go to Alaska, and that is a
bucket list trip, a cruise to Alaska, I mean, they
are really neat stuff. And what you tend to do,
what you always do, is not only do you go
in the inland passage, but you go into one of
these glacier bays, one of these fjords that you get
to go as close to a glacier as you can
(14:55):
the face of a glacier, and they keep half a
mile third of a mile away the ship, and you're
hoping that it calves and not the cow kind of
calves as I said earlier, the calving where parts of
the glacier fall into the ocean, which happens all the time.
You also hear this cracking sounds like rifle shots. It's
really interesting. And also on either side of a glacier,
(15:19):
I mean it doesn't go across the entire face of
what you're looking at.
Speaker 1 (15:22):
There is also land.
Speaker 2 (15:23):
They're mountains, because glaciers go between mountains, as you know,
they go through the valleys or they create valleys, and
there are mountains on either side.
Speaker 1 (15:34):
So here is something that was not expected.
Speaker 2 (15:37):
It was August last August, and there's a ship and
they're in the Tracy Arm Fjord and as they're looking
at the glacier, the entire the entire mountain side goes
into the water, creating a a hyper local it was local,
(16:03):
but massive tsunami that ran up the opposite slope on
the opposite part of the fjord, leveling everything in its path.
The water was as high as the Empire State Building.
Now the good news is there wasn't a ship in
there at that moment. I mean, there was a ship
(16:25):
fifteen miles away. It was a National Geographic Cruise ship
carring about one hundred and fifty people, and that started
to move backward at a really good clip because the
water was shifting and it was pulling the ship.
Speaker 1 (16:39):
The ship back twenty miles away.
Speaker 2 (16:44):
There were three kayakers who were camping on high ground
and they woke up with good news.
Speaker 1 (16:52):
If they had been any low lower.
Speaker 2 (16:54):
They would have been, they would have swept away, but
they just got very wet. It was experts say as
a miracle that no one was hurt or killed the
only reason the National Geographic Cruise ship was saved and
this is fifteen miles away.
Speaker 1 (17:10):
It was positioned behind an S bend S shaped.
Speaker 2 (17:14):
Bend, and it blocked the impact of a wall of
water that saved theirs lives. And scientists are looking at
these things and they're saying they're going to happen more
and more. And why is this climate change? You know,
that hoax of climate change and what ends up happening?
(17:37):
And I didn't know this is why would a mountain
just come down that it's been there forever? Well, the
ice of a glacier actually is the support. It's almost
like a retaining wall that keeps the mountain there. And
as the glaciers behind it start melting and.
Speaker 1 (17:56):
The water goes through it.
Speaker 2 (17:57):
This is over thousands of years, maybe one hundreds of
thousands of years, and all of a sudden you have
glee climate climate change, climate warming in this case, well
all of it.
Speaker 1 (18:07):
I mean, the ced degree up in that area.
Speaker 2 (18:10):
Is four percent higher than it was in nineteen fifty
four degrees higher. Go to Alaska. By the way, it's
still worth it. Just want to let you know, well,
well worth it. Definitely bucket list. Okay, we're done, guys.
That's it. It's a Thursday, Tomorrow Friday, and it's a
foody Friday from eight to eight.
Speaker 1 (18:30):
Thirty where we talk where Neil.
Speaker 2 (18:32):
And I talk food and then ask Candle anything at
the bottom of the hour, and then of course lots
more to cover.
Speaker 1 (18:39):
And so we're back again tomorrow.
Speaker 2 (18:41):
It's Amy and Will and wake Up Call from five
to six o'clock. Neil and I are aboard six to
nine and always here and always perky cono and and yes,
perky perky, all right, Gary and Shannon. Next, this is
(19:01):
KFI AM six foy S five.
Speaker 1 (19:05):
You've been listening to the Bill Handle Show.
Speaker 2 (19:07):
Catch my Show Monday through Friday, six am to nine am,
and anytime on demand on the iHeartRadio app
You're listening to Bill Handle on demand from KFI AM
six forty.
Speaker 2 (00:05):
Five AM six forty bill Handle.
Speaker 1 (00:09):
Here it is.
Speaker 2 (00:10):
A Thursday morning, October twenty three. A couple of the
stories were following PBS SoCal announcing a huge telethon featuring
a variety of actors, hosts, musicians. Do you remember when
Jerry Lewis was hosting that it would go on for
(00:31):
twenty four hours the telethon for was it muscular dystrophy?
And he had everybody on and at the end and
who's at the end of twenty four hours?
Speaker 1 (00:43):
And kids with.
Speaker 2 (00:44):
Wheelchairs would be rolled out, you know, to pull your heartstrings.
And at the very end of the telethon, he would
have one of the kids in wheelchairs remove the wheelchair
and crawl across the stage just so he can get
some money.
Speaker 1 (01:00):
Well maybe not, but it was pretty interesting.
Speaker 2 (01:02):
Anyway, There's going to be a telethon with insane number
of people to raise money for PBS which has been
cut dramatically.
Speaker 1 (01:09):
Okay.
Speaker 2 (01:10):
Joel Larsguard, host of How to Money Sundays twelve to
two pm. His address is at how to Money. Joel,
Good morning, Joel, Morning Bill. Oh yeah, we got a
lot to cover today. Now credit cards to earn extra awards,
which I am a huge fan of, should you actually
churn them? Should you take all the extras at the
(01:33):
beginning to get you on and then you cancel and
go to the next one.
Speaker 1 (01:37):
Does that make sense? Yeah?
Speaker 3 (01:39):
So that is the practice known as churning, and it's
something that like should you do it?
Speaker 1 (01:46):
And it depends on a number of factors.
Speaker 3 (01:48):
And I think we should probably start off with the
reality that most people don't handle credit cards. Well, something
like fifty to sixty percent of people have like a
recurring balance on their credit card every single month, and
I think a lot of people in that position they
sometimes think about, or they'll think about the rewards that
they're getting from their credit cards, whether there's the sign
up bonus, the two percent cash back, the travel rewards,
(02:10):
from the spending they're doing, and maybe they minimize the
downside of that credit card and the twenty two percent
interest rate they're paying on the balance because they're like,
it's okay, I'm getting these other benefits, and the truth
is it's not even close to okay, Like if you
don't if you don't pay your balance off on time
and in full credit cards just are not for you,
at least at this point in time. When we're talking
about churning. This is when people are saying they're trying
(02:32):
to game the system, and the credit card companies are
you know, their best customers are the ones who do
have those recurring balances, and the churners are saying, we're
not going to have a balance. In fact, what we're
going to do is exploit the system for all it's worth.
We're going to sign up for as many credit cards
as we humanly can that's humanly possible, in order to
(02:53):
get all of those sign up bonuses, reap a ridiculous
number of points and you know, many hundreds of dollars
in sign up bonuses, and then we're just going to
sit back and use those those sweet perks that you've
given us, and we're never going to carry a balance.
And those are the customers that the credit card companies
really hate.
Speaker 2 (03:13):
Let me ask, doesn't that destroy your credit if you
all of a sudden sign up for twelve cards.
Speaker 3 (03:19):
That's a good question, and that it is possible it
can harm your credit, especially in the short term. If
you sign up for a bunch of cards in a
short period of time and you have all these new
lines of credit that don't have much history to them. Yes,
it can hurt your credit, but on the flip side
of it, people who are really smart about the churning
(03:40):
practice and they're kind of doing it methodically and over time,
Ultimately many of them have really high credit scores because
what they have is a ton of available credit and
they're not using much of that credit, which is one
of the biggest metrics that the credit score the credit
bureau's factor in. So if you have twelve or fifteen
(04:00):
or twenty five credit cards with fifteen, twenty, thirty thousand
dollars credit limits and you're using essentially none of that
credit limit, it looks like you're handling credit incredibly well
to the credit bureaus. So yeah, maybe in the short
term it can be a credit ding, but ultimately, for
people who do it well, it can be a credit boost.
Speaker 1 (04:20):
Huh.
Speaker 2 (04:20):
And the credit card companies haven't been able to figure
that out. There are no algorithms that put all that together.
Speaker 3 (04:26):
God, so that you would think there is. I would
say Chase is probably the best at cracking down on this,
but ultimately it's really hard for them to figure out
who are the churners and who's not and if they
cut some people off, well, was that person actually going
to eventually use that card?
Speaker 1 (04:44):
Well?
Speaker 3 (04:45):
And are cutting off some of our potentially best clients
and customers. Chase essentially has a rule that's like the
five and twenty four rule.
Speaker 1 (04:54):
If you open up more than.
Speaker 3 (04:56):
Five credit cards in a twenty four month period, they're
going to now you for a credit card. And so
that's kind of how they've been able to crack down
on it and say, like, man, whoever, if you're one
of those people who's opened up a ton of new
credit cards, we just don't want you as a customer.
Speaker 2 (05:10):
You know, I use the Chase card and because it
has the best best points for travel, and I pay
money for it.
Speaker 1 (05:17):
I have that the.
Speaker 2 (05:19):
One the reserve card that gives you a zillion points
that I pay money for the card itself. And for me,
it's all about upgrades, that's it. It's all about upgrades.
It's me sitting in business class because I've upgraded, and
you know, you sit in business class first, and people
in coach go past you, and as they go past me,
I turn, I look at the bed and I go Hey,
(05:41):
I'm sleeping to night.
Speaker 1 (05:43):
How about you?
Speaker 2 (05:44):
Oh?
Speaker 1 (05:44):
They love that absolutely, Yeah, they do all right. Now.
Speaker 2 (05:49):
The way it works is Joel sends me the topics
that we talk about, and here's one that I looked
at and I went, wow, that's interesting. It's almost counterintuitive,
and that is the more money you have, the more
money you have.
Speaker 1 (06:04):
Joel, that's very deep, I must tell you. Is that
what I said in the email? I hope that's not
what I said. I'm okay what I was getting at.
Speaker 3 (06:13):
And what is I think true for a lot of people,
And this is kind of counterintuitive, is it? When you
have more money, handling that money becomes more complicated, and
for a lot of people, actually managing money becomes more difficult.
It becomes harder because the options increase, the complexity increases.
(06:35):
And there is something about having a dedicated goal paying
off some credit card debt and building up a little
savings that I think most people like. It's they're like finite,
simple goals. And when the goals become more long term
in nature and more ambiguous in nature, I'm kind of
saving for retirement, or I'm trying to build up a
(06:58):
stash for my kids to pay for college. Like when
those goals become bigger, harder to define, and longer term,
people actually their ability to make progress can sometimes erode
because they're not able to stick with I guess some
of the tools and the methodology that got them there
(07:19):
in the first place, like tracking their spending and sticking
to a budget and kind of calculating things. Once their
income goes up, oftentimes it becomes a lot harder for
them to kind of stay in line.
Speaker 2 (07:30):
Yeah, and just by the way, I'm a big fan
of this because I have.
Speaker 1 (07:35):
A wealth manager.
Speaker 2 (07:36):
Now.
Speaker 1 (07:37):
I've done that.
Speaker 2 (07:38):
For example, my kids five twenty nine plan for college.
I funded that the day my kids were born is
when I started that. And as that money increased, I told,
you know, I gave the money to a professional to manage,
and I said, I'll make the money, I'll fund it.
You figure out how it's going to be invested and
(07:59):
how we're going to deal with it, because this is
what you do. I don't, and you know, as and
there was a time where I just barely made the
point where I could have used the money person, and
I went and did it because again, my job was
to make the money, and I do that okay, and
your job is to make it happen. And I, well,
(08:20):
I'm very very conservative with my money, but I just
didn't want to.
Speaker 1 (08:23):
Take the time.
Speaker 2 (08:24):
It takes time to actually figure out what a good
investment policy is.
Speaker 3 (08:30):
You're right and it and it takes. And I don't
think hiring someone excuses your need to have some knowledge
that you can ask good questions. And I think the
further along you get in your financial life and the
more goals you've been able to achieve, the more likely
it is that you should hire someone to come alongside
in particular help you with some of those those bigger
(08:51):
questions that you have, but also some of that coaching, right,
and some of that kind of helping you stay in
the game and continue to make the smart moves so
that you don't feel like you're going it alone and
you're unable.
Speaker 1 (09:04):
To do that.
Speaker 3 (09:05):
So I do think, yeah, as people, more money sounds
like it's going to be a good thing, Right, I've
got more options at my disposal. But then sometimes as individuals,
especially if we're not well versed in personal finance, we
have so many options and we don't really know which
direction to go in. And I think that is when
a professional can be of a lot of help in
your life.
Speaker 2 (09:23):
Yeah, and a professional can also come up with a budget,
can do the analysis and do all of it, which
a lot of us are horrible at.
Speaker 3 (09:32):
And sometimes, again, like I said, with some of those
goals get really amorphous or long term. It's really easy
for us to be like, I'm doing great, I'm cruising,
and we start to kind of round things off and
we're guestimating. And when you're rounding things off and you're
guestimating and you're not precise, that means that money's going
to flow through the cracks. And hey, guess what, You've
got more money and it can flow through the cracks.
But the if that money then does flow through the cracks,
(09:55):
you're not going to achieve those greater goals that you have.
And so, whether it's financial independence at an earlier age,
whether it is max in that five to twenty nine
account for your kid's future, like you're just going to
make progress a lot more slowly than you otherwise would.
And it makes sense, and that's where having somebody in
your corner could be the right move, all.
Speaker 1 (10:14):
Right, Joel.
Speaker 2 (10:14):
Thanks This Sunday twelve to two, How to Money you
have a good one to earn some money and don't.
Speaker 1 (10:20):
Lose it or whatever the hell you do, will do.
Thanks Bill, all right, take care all right now.
Speaker 2 (10:26):
La County is moving to limit license plate tracking. Cal
Matters did a report and talked about how many police
policing agencies in California don't even have a policy and
of tracking license plates with technology, cameras, etc.
Speaker 1 (10:46):
Well actually specifically cameras.
Speaker 2 (10:48):
And where they're going to share them if they're going
to share them with federal agencies for example, and a
board of supervisors. And that is the same thing with
for example, the La County agencies, right Sheriff's department. There
really is no policy out there now we know, Wow,
the state has a policy.
Speaker 1 (11:09):
No, there was a bill and the governor vetoed it.
Speaker 2 (11:12):
And so here is the issue. Does a police department
share information with federal authorities?
Speaker 1 (11:24):
Readspite ice.
Speaker 2 (11:27):
And as of right now it can you know, for example,
the Sheriff's department after the Board of supervisors passed the
motion saying that they're on their way to limiting the
amount of time that this information can be held to
sixty days and must then eliminate it, must be must
(11:49):
delete it.
Speaker 1 (11:50):
Unless it has to do specifically with.
Speaker 2 (11:52):
A crime, and the Sheriff's department said, we'll take a
look at it.
Speaker 1 (11:57):
We'll you know, lick.
Speaker 2 (11:59):
It's it's all over the place, and you would think
there would be a set law, and it's not. It's
simply policy as to which departments share in which departments
don't LAPD from what I understand, doesn't share other agencies.
Speaker 1 (12:16):
Police agencies do share. Others are up in the air.
Speaker 2 (12:20):
Now, as far as I'm concerned, I'm okay with the
license plate readers.
Speaker 1 (12:24):
I don't care.
Speaker 2 (12:26):
I don't have a problem with police agencies reading my
license plates. And as I zip past, if there's a
problem with me, then stop me. And there isn't. I
happen to be a law abiding citizen. God forbid. But
let me do a survey. Survey says real quickly, Neil,
Do you have a problem with the authorities keeping your
license plate number and knowing where you are and where
(12:46):
you've been?
Speaker 1 (12:48):
No, it's their license plate, all right? Amy issue with
the authorities? No, they know everything anyway. Yeah, that's true.
A will will really knows.
Speaker 2 (13:01):
Do you have a problem with the authorities knowing your
license plate or your airplane to see if it was
involved in a crime.
Speaker 1 (13:08):
No, not at all, because it's not a it's not
a right, it's a privilege. Okay, not fair enough, and
no problem, no problem, interesting, kono? Any problem. I have
a problem with authorities, yes, okay, so that's uh.
Speaker 2 (13:23):
Can you imagine everybody except for knoy a.
Speaker 1 (13:26):
Lot of problem with extra high stairs.
Speaker 2 (13:29):
Yeah, and a lot of civil libertarians have a real
problem with the authorities knowing this much about you and
keeping your license plate where let's say you've blown through
a red light or whatever, and the camera you know,
follows you, knows where you are, or just reads your
license plate, which can be done now. I mean there
(13:51):
are cameras that can read license plates all over the city.
And we're going to reach a point where there is
no place that doesn't have that kind of record. You know,
have you been to London, Central London? It's one square
mile in central London. You cannot walk two feet without
you being on a screen where police are looking at you.
(14:13):
It is one hundred percent coverage. The same thing in China.
China has one point three billion people, and the authorities,
because they have so many cameras out there, know exactly
who is what they use facial recognition.
Speaker 1 (14:31):
I mean it's wild, all right.
Speaker 2 (14:34):
If you ever go to Alaska, and that is a
bucket list trip, a cruise to Alaska, I mean, they
are really neat stuff. And what you tend to do,
what you always do, is not only do you go
in the inland passage, but you go into one of
these glacier bays, one of these fjords that you get
to go as close to a glacier as you can
(14:55):
the face of a glacier, and they keep half a
mile third of a mile away the ship, and you're
hoping that it calves and not the cow kind of
calves as I said earlier, the calving where parts of
the glacier fall into the ocean, which happens all the time.
You also hear this cracking sounds like rifle shots. It's
really interesting. And also on either side of a glacier,
(15:19):
I mean it doesn't go across the entire face of
what you're looking at.
Speaker 1 (15:22):
There is also land.
Speaker 2 (15:23):
They're mountains, because glaciers go between mountains, as you know,
they go through the valleys or they create valleys, and
there are mountains on either side.
Speaker 1 (15:34):
So here is something that was not expected.
Speaker 2 (15:37):
It was August last August, and there's a ship and
they're in the Tracy Arm Fjord and as they're looking
at the glacier, the entire the entire mountain side goes
into the water, creating a a hyper local it was local,
(16:03):
but massive tsunami that ran up the opposite slope on
the opposite part of the fjord, leveling everything in its path.
The water was as high as the Empire State Building.
Now the good news is there wasn't a ship in
there at that moment. I mean, there was a ship
(16:25):
fifteen miles away. It was a National Geographic Cruise ship
carring about one hundred and fifty people, and that started
to move backward at a really good clip because the
water was shifting and it was pulling the ship.
Speaker 1 (16:39):
The ship back twenty miles away.
Speaker 2 (16:44):
There were three kayakers who were camping on high ground
and they woke up with good news.
Speaker 1 (16:52):
If they had been any low lower.
Speaker 2 (16:54):
They would have been, they would have swept away, but
they just got very wet. It was experts say as
a miracle that no one was hurt or killed the
only reason the National Geographic Cruise ship was saved and
this is fifteen miles away.
Speaker 1 (17:10):
It was positioned behind an S bend S shaped.
Speaker 2 (17:14):
Bend, and it blocked the impact of a wall of
water that saved theirs lives. And scientists are looking at
these things and they're saying they're going to happen more
and more. And why is this climate change? You know,
that hoax of climate change and what ends up happening?
(17:37):
And I didn't know this is why would a mountain
just come down that it's been there forever? Well, the
ice of a glacier actually is the support. It's almost
like a retaining wall that keeps the mountain there. And
as the glaciers behind it start melting and.
Speaker 1 (17:56):
The water goes through it.
Speaker 2 (17:57):
This is over thousands of years, maybe one hundreds of
thousands of years, and all of a sudden you have
glee climate climate change, climate warming in this case, well
all of it.
Speaker 1 (18:07):
I mean, the ced degree up in that area.
Speaker 2 (18:10):
Is four percent higher than it was in nineteen fifty
four degrees higher. Go to Alaska. By the way, it's
still worth it. Just want to let you know, well,
well worth it. Definitely bucket list. Okay, we're done, guys.
That's it. It's a Thursday, Tomorrow Friday, and it's a
foody Friday from eight to eight.
Speaker 1 (18:30):
Thirty where we talk where Neil.
Speaker 2 (18:32):
And I talk food and then ask Candle anything at
the bottom of the hour, and then of course lots
more to cover.
Speaker 1 (18:39):
And so we're back again tomorrow.
Speaker 2 (18:41):
It's Amy and Will and wake Up Call from five
to six o'clock. Neil and I are aboard six to
nine and always here and always perky cono and and yes,
perky perky, all right, Gary and Shannon. Next, this is
(19:01):
KFI AM six foy S five.
Speaker 1 (19:05):
You've been listening to the Bill Handle Show.
Speaker 2 (19:07):
Catch my Show Monday through Friday, six am to nine am,
and anytime on demand on the iHeartRadio app
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