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Hey Collectors it's Self Care Sunday! (self care can be anyday) Here are my CLUTTER FREE tips that I cover in the podcast Wash your hair. Conventionally or dry shampoo. Massage your scalp. Use aromatherapy oils peppermint on the temples. Close your eyes. Meditation. Enhance the experience with a little lavender oil in a small cloth and inhale gently. Brush your teeth. Find your dentures spend some time on oral health. Put on nourishing lip balm. Massage your neck and lymph nodes with moisturizer or oil. Massage towards the heart. Stretch out your chest and back as best as you can. working on overall fitness. Simple stretching, bone strengthening exercises all of these are self care Massage your feet. If you can't reach them do small foot exercises To stretch your tired feet. Self care can also look like: Turning off the news for a while Reading a book Learning something new Drinking more water Cooking something for yourself Getting some fresh air Embracing your spiritual self Guided meditations: https://healingworksfoundation.org/guided-imagery/a-guided-meditation-for-healthful-sleep/ My favorite podcast to listen to while meditating: https://www.sarahblondin.com/podcast
Reconductoring power grids to boost energy efficiencyThe expansion of renewable energy has resulted in a heightened need for greater transmission capacity of the electrical grid. Unfortunately, permitting and cost allocation have been large hurdles to the potential of rapid expansion to meet future demand. As an alternative, large-scale reconductoring of advanced conductor systems has been proposed as a solution. Such an alternative can double transmission capacity cost-effectively, without the need to ensure additional permitting. In order to achieve this transition, old steel power lines would be replaced with carbon fiber, reducing electricity loss and boosting the overall capacity of the power grid. How does reconductoring work?In order to achieve clean energy goals, it is vital that we increase power grid capacity. To briefly summarize, electrons travel along transmission lines between towers made of conducting elements and a strength member, which allows conductors to hang between towers. The most common type of reinforcement is ACSR, aluminum conductor steel reinforced, used in overhead electrical transmissions. ACSR is susceptible to degradation and breakage, which may lead to more frequent power outages and increased chemical runoff into the environment. As an alternative, ACSS has been proposed by researchers as it carries more current than ACSR and is supported at higher temperatures. According to recent studies by the Goldman School and GridLab, replacing power lines with advanced conductors would enable 90% clean electricity by 2035. The report revealed that reconductoring transmission lines could add approximately 65 TW-miles of new interzonal transmission capacity in ten years, compared to 16TW-miles from building only new transmission lines. In terms of pricing, implementing advanced conductors costs around 20% more than building new lines. Yet replacing old lines with advanced conductors is typically half the cost than building new lines for the same capacity, partly because you reuse old infrastructure and the new models are much more energy efficient. Further policy and legislation is necessary in order to drive this technology into the future and ensure proper permitting, funding, and planning. What are some of the benefits?Advanced composite-core conductors such as ACSS can carry double the existing capacity, operate at higher temperatures, and reduce line sag. Further, replacing the steel for a stronger yet smaller composite-based core can avoid the construction of new lines which bring about land acquisition and increasing permitting. There is already a growing movement towards reconductoring, as 90,000 miles of advanced conductors have been deployed globally. More advanced conductors also have the benefit of being cost-effective, with an estimated $180 billion in systems cost savings with more long-term structure. Advanced conductors enable a doubling of line capacity at less than half the cost of new lines. Alongside the benefits, at large, reconductoring can play a pivotal role in low-cost decarbonization of power systems.What are some of the drawbacks?Amidst the potential advantages are obstacles that may impede the future progress of reconductoring. First, there is a lack of awareness. Conventionally, the only way to expand the grid capacity has been to build new lines. Utilities are not aware of the existing solution and often fail to take reconductoring into account. Alongside this is a lack of experience and misconception that implementing reconductoring lines is difficult and unrealistic. As there is a lack of incentives for utilities to improve their products, cheaper solutions are not enticing for their rate of return regulation. Particularly if reconductoring only occurs in localized areas as opposed to system-wide implementation, the benefits may be limited. Thus, government prioritization of this new solution is critical in order to boost conductor efficiency.About our guestUmed Paliwal is a senior scientist at the Center for Environmental Public Policy and the Goldman School of Public Policy at UC Berkeley. Umed conducts research on ways to integrate renewables on the grid and understand its impact on reliability and energy pricing. Umed's research has revealed that replacing old power lines with newer technology can boost the capacity of the power grid and help to achieve clean energy goals. He holds a Master of Public Policy from UC Berkeley where he focused on energy markets, regulation, power systems modeling and data analytics. ResourcesGrid rewiring: An answer for Biden's climate goals?Reconductoring Could Help Solve America's Looming Grid CrisisReconductoring US power lines could quadruple new transmission capacity by 2035: reportFurther ReadingAccelerating Transmission Expansion by Using Advanced Conductors in Existing Right-of-WayAdvanced Conductors on Existing Transmission Corridors to Accelerate Low Cost DecarbonizationThe 2035 Report: Reconductoring With Advanced Conductors Can Accelerate The Rapid Transmission Expansion Required For A Clean Grid For a transcript of this episode, please visit https://climatebreak.org/increasing-efficiency-through-power-line-reconductoring-with-umed-paliwal/
You better watch out. You better not cry. You better not listen to this on speakers at work. I'm telling you why. Cause we get fully nasty on this one. It's a pile of TST cast members, including our buddy Aabria, handing mics around and defending which animate or inanimate holiday icons we'd like to bone down with. With hear me outs ranging from lamps, to cannons, to bags of worms, this one is very wet and very wild. Want to Adventure with us??? Get Tickets to the Show Here! Join the Discord! Follow us on Instagram Follow us on TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices
Steel ProductionGlobally, 1.9 billion metric tons of crude steel were produced in 2022. Over the past 15 years, the global demand for steel production has nearly doubled, as this versatile product can be found in nearly all modern infrastructure such as buildings, ships, vehicles, machines, and appliances. Conventionally, steel is made from iron ore (the world's third most produced commodity by volume), which is a compound derived from iron, oxygen, and other minerals. Through a blast or electric furnace, in which electricity is used to create high-temperature environments to melt the reactants, the final product of steel is generated following a molting refining process. Unfortunately, steel production is extremely energy-intensive and accelerates air pollution through the release of nitrous oxide, carbon dioxide, carbon monoxide, and sulfur dioxide. On average, 1.83 tons of CO2 is emitted for every ton of steel that is produced. Steel production accounts for nearly 7-11% of total global greenhouse gas emissions emitted annually. Steel production not only has harmful environmental impacts, but can negatively impact human health leading to respiratory diseases such as asthma, COPD, and cancer. What is Green Steel?To mitigate the harmful environmental and health effects of conventional steel production, many researchers are working on green steel as an alternative. Green steel is a form of steel production that is powered by hydrogen or renewable energy, which can reduce carbon dioxide emissions and minimize waste. Green steel can be accomplished through various methods, whether by reducing carbon-based agents, moving from blast to electric furnaces, or decreasing reliance on fossil-fuel based inputs. In traditional steel production, CO2 emissions generally arise from the use of coal and coke to remove oxygen from iron ore. Green steel utilizes hydrogen rather than coal or coke. When burned, hydrogen emits only water, so this phase of manufacturing is free of carbon dioxide emissions. As a result, water is the only byproduct which can then be used to produce more hydrogen, forming a closed loop system. Throughout production, green steel utilizes either wind, solar or hydro to power the furnaces instead of fossil power. Scrap materials of used steel can also be utilized, reducing the need for extracting additional primary materials. The Future of Green SteelGreen steel production is on the forefront of innovative design in equipping regions like the Rust Belt with strategies to significantly revitalize their current operations. Last March the Biden-Harris Administration announced a $6 billion funding from the U.S. Department of Energy to accelerate decarbonization projects in energy-intensive industries like steel production. Such investments aim to spearhead the transition to renewable energy sources, focus on investment in new carbon technologies, enable markets to build cleaner products, and benefit local communities. Additionally, a transition to hydrogen-based electric manufacturing could increase jobs in the steel and energy industries by 43 percent. Overall, green steel can conserve resources, promote economic growth, and assist in decarbonization. Scaling Up the Technology is Proving TroublesomeSteel has posed to be one of the most challenging industries to decarbonize. On a large scale, clean hydrogen production will require billions of dollars in investment to achieve a full transition. Currently, the cost of production of green steel is higher than conventional steel due to the high investment and electricity costs required. Labor, finance, and advanced technology will be essential in scaling up green steel production.About the Guest Adam Rauwerdink is the Senior Vice President of Business Development for Boston Metal, a Massachusetts based start-up working towards decarbonizing steelmaking and advancing efficient, sustainable metal production. Boston Metal utilizes Molten Oxide Electrolysis, a technology platform powered by electricity. In order to effectively scale up green steel production.ResourcesBoston Metal websiteDecarbonising the steel industry with new fossil-free production methods (AFRY AB, 2024)Environmental impact of steel production (TheWorldCounts, 2024)Mozaffari et al., Effects of occupational exposures on respiratory health in steel factory workers (Frontiers in Public Health, 2023)Myers, Steel built the Rust Belt. Green steel could help rebuild it. (Grist, 2023)Steel: Definition, Composition, Types, Properties, and Applications (Xometry, 2023)Rossi, The Race to Produce Green Steel (Undark, 2022)For a transcript of this episode, please visit https://climatebreak.org/advancing-sustainable-steel-production-with-adam-rauwerdink/
Electric vehicles. Conventionally fueled vehicles. Hybrids. On The Fleet Success Show, Josh Turley and Marc Canton have talked about them all. In this episode, they're diving into the raw numbers to show you the (not always beautiful) truth about the costs of EVs. Josh and Marc dispel the myths around assumed cost savings when switching from fueled vehicles to electric to give fleet managers the data they need to make decisions with their eyes wide open. Pulling information from places like KBB, Edmunds, and the EPA, Josh and Marc compare conventionally fueled vehicles (CFVs) to battery electric vehicles (BEVs), hybrid electric vehicles (HEVs), and plug-in hybrid electric vehicles (PHEVs). Watch the episode to get surprising insights into:- Depreciation values over time- Fuel/electricity costs- M&R costs- and moreWatch the full episode now, and stay tuned for part 2! Want to learn more about EVs? Check out our other episodes on the topic: - The Truth about EVs from a Fleet Expert and EV Owner - https://youtu.be/xrLwLf0NM0c - The Truth about EVs pt 2: The Hosts Read the Comments - https://youtu.be/wWHPsutexbo Need help getting your fleet EV ready? Visit www.fleetconsulting.com and schedule a consultation with our fleet experts. #podcast #fleetmanagement #EVs #electricvehicle
CONTENT WARNING: This episode discusses topics of stalking, motor vehicle accident, murder, brief mention of suicide, and dubious consent. Please check the content warnings on these two books before reading them so you are aware of other things included in them that we didn't explicitly discuss. Maggie recommends the sweet, autumn, mood read, Hex Appeal by Kate Johnson. While Jillian fully spoils the dark, masked man/monster, MMFM halloween novella, Ours for Halloween by Violet Taylor.The girlies discuss which "hear me out" cake entries are valid and which aren't, Jillian points out that Maggie has a capital "T" Type, and Jillian gives a little bonus rec for Hallopeen by Holly Wilde.Leave us a review! Follow us on Instagram and TikTok @apodcastofsmutanddragonsMaggie: @themargaretlibraryJillian: @jillian.reads.smut (instagram)@jilliankiechlinart (tiktok)Business inquiries and/or say hi: apodcastofsmutanddragons@gmail.com Hosted on Acast. See acast.com/privacy for more information.
In this episode of Two Bees in a Podcast, released on September 17, 2024, Dr. Jamie Ellis and Amy Vu welcome Dr. Kelsey Graham—a Research Entomologist with the USDA ARS Pollinating Insects, Biology, Management, & Systematics Research Unit in Logan, Utah—to talk about her paper, “High pesticide exposure and risk to bees in pollinator plantings adjacent to conventionally managed blueberry fields.” This episode concludes with a Q&A segment. Check out our website: www.ufhoneybee.com, for additional resources from today's episode.
We find out if IVF, In Vitro Fertilization, is right for your operation. We have the latest news and markets, plus your chance to get your hands on more Ranch It Up gear. Tune in to this all new episode of the Ranch It Up Radio Show. Be sure to subscribe on your favorite podcasting app or on the Ranch It Up Radio Show YouTube Channel. EPISODE 199 DETAILS Is IVF, In Vitro Fertilization, Right For Your Herd Understanding In Vitro Fertilization What Is In Vitro Fertilization In Vitro Fertilization (IVF) is the process of creating embryos from oocytes (unfertilized egg cells) by fertilizing them with semen in a Petri dish. Oocytes are first collected from the ovaries of donors by ultrasound-guided follicular aspiration. They are then matured in a Petri dish and fertilized 20-24 hours later. Conventional, sexed frozen, or reverse-sorted semen may be used for fertilization. Oocytes then develop in an incubator for seven days, at which point the resulting viable embryos are transferred into recipients. How Does In Vitro Fertilization Work In-Vitro Fertilization resembles conventional ET by allowing cows to produce multiple calves per year. This is accomplished by generating embryos from elite cows called donors and transferring them into cows with less genetic merit called recipients. After this, there are many differences in the way the procedure works. In IVF, oocytes (unfertilized eggs) are collected using a specially designed probe, fitted with an ultrasound transducer which allows the ovary to be visualized during the aspiration procedure. The technician locates and stabilizes the ovary via rectal palpation of the reproductive tract. The aspiration probe is inserted vaginally where the transducer and ovary meet with only the vaginal wall separating the two. The probe has an attached needle guide that houses a 55cm long needle. This needle will transverse the vaginal membrane and is inserted into fluid filled follicles, containing oocytes, located on the ovary. The contents of the follicles are aspirated out and captured in a searchable filter. The filter is then taken into the lab where it is rinsed and searched using a microscope; the oocytes are then retrieved, counted, and graded. Once the oocytes have been processed they are moved into dishes with special media designed to mature them. The dishes are placed in an incubator for 18 to 24 hours where the maturation process takes place. The following day, semen is added to the dishes containing the matured oocytes and fertilization takes place. The media and incubator are designed to mimic the cow's uterine environment as pertains to temperature, pH, etc. Following fertilization, the oocytes are left in the incubators for the next 7 days as a percentage of them develop into embryos. They can then be evaluated under a microscope and quality graded just as you would conventional ET embryos. The grade one and two embryos are now ready to be loaded into transfer straws and implanted into recipient cows that were in standing heat 7-8 days prior to the transfer date or frozen for transfer at a later date. Potential Applications of IVF, In Vitro Fertilization Embryo production from pregnant donors — Because the cervix and uterus are not penetrated during the process of aspiration, oocytes can still be collected without disturbing the fetus. Donors can be safely aspirated from about 45-100 days of gestation. On rare occasions donors can be aspirated up to 6 months of gestation, as long as the ovaries are accessible to the technician. This application is a good alternative for operations wanting to get a jump on the next generation. In years past, breeders were forced to decide whether to risk future productivity of young donors by flushing them as virgins or just postponing embryo production until after their first calf. By getting the heifers pregnant first, they are already on their way to calving in a normal window with their counterparts. It also works well for those operations that want to keep donors on a 365-day calving interval, and can help reduce reproductive failures such as cysts in donors that remain open for long periods of time. Production from donors that do not make embryos in ET — Various reasons can cause donors to be nonproductive in ET. Blockages, scaring, uterine infections, and un-passable cervixes are some of the more common reproductive tract abnormalities that can be overcome through IVF. Also, donors prone to overstimulation or those that produce a high percentage of unfertilized eggs, generally perform well in IVF Donors that typically fail to stimulate and ovulate little to no ova will not necessarily benefit from IVF. Adding value to semen —With IVF, less semen is needed than in a typical AI or ET procedure because oocytes are contained in small dishes during the fertilization period. This allows for tremendous opportunities. Depending on quality, one straw of conventional semen can fertilize oocytes from as many as 15 donors. This allows breeders to maximize the effectiveness of rare or expensive semen. If sex selected pregnancies are desired the IVF system offers distinct advantages over conventional ET. Quality sexed frozen semen tends to be more effective in IVF because less sperm cells are necessary. Generally 1-2 straws are sufficient per donor, depending on how many oocytes she has produced. Semen does not have to be sexed prior to freezing in order to get sexed pregnancies. Conventionally frozen semen can be sorted for the desired sex prior to fertilization in the IVF process – this is termed reverse sorting. It should be noted that not all bulls will work after reverse sorting. Also, oocytes from high producing donors can be placed in separate dishes making it possible to use more than one sire and still be able to identify the matings of the resulting embryos. Short interval between procedures —The IVF procedure can be repeated more often than conventional ET. Donors are routinely placed on bi-weekly schedules. During a 90 day period a donor could be aspirated up to 6 times. Within a given time frame, more total pregnancies can be created through an IVF program when compared to ET. Other applications — Because donors do not have to be cycling in order to perform the IVF procedure, embryos can be created from cows that have not yet returned to estrus postpartum and heifers that have not reached puberty. Oocytes can also be recovered from the ovaries of slaughtered females or donors prior to a death event. For Additional Information Click HERE RanchChannel.Com Now Has The Futures Markets Futures Markets RanchChannel.com now has futures markets at your fingertips! Feeder Cattle, Live Cattle, Corn, Wheat, Soybeans, Soybean Oil, Milk Class IV, and Ethanol. Information is provided by DTN and market information may be delayed by as much as 10 minutes. Click Here for more information! The Ranch It Up Radio Show Beef Trivia Contest What is the name of the record $1.51 million bull raised by Schaff Angus Valley? The first correct answer will get a Ranch It Up T-Shirt! The correct answer is America! UPCOMING SALES & EVENTS ISA Beefmasters: October 5, 2024, San Angelo, Texas World Famous Miles City Bucking Horse Sale: May 15 - 18, 2025 BULL SALE REPORT & RESULTS Churchill Cattle Company Van Newkirk Herefords Gardiner Angus Ranch Cow Camp Ranch Jungels Shorthorn Farms Ellingson Angus Edgar Brothers Angus Schaff Angus Valley Prairie Hills Gelbvieh Clear Springs Cattle Company CK Cattle Mrnak Hereford Ranch Frey Angus Ranch Hoffmann Angus Farms Topp Herefords River Creek Farms Upstream Ranch Gustin's Diamond D Gelbvieh Schiefelbein Farms Wasem Red Angus Raven Angus Krebs Ranch Yon Family Farms Chestnut Angus Eichacker Simmentals & JK Angus Windy Creek Cattle Company Pedersen Broken Heart Ranch Mar Mac Farms Warner Beef Genetics Arda Farms & Freeway Angus Leland Red Angus & Koester Red Angus Fast - Dohrmann - Strommen RBM Livestock Weber Land & Cattle Sundsbak Farms Hidden Angus Wheatland Cattle Company Miller Angus Farms L 83 Ranch U2 Ranch Vollmer Angus Ranch A & B Cattle Carter Angus Farms Roller Ranch Montgomery Ranch Jorgensen Farms DLCC Ranch Four Hill Farm North Country Angus Alliance Spruce Hill Ranch Wilson Angus FEATURING Brad Brundage Trans Ova Genetics https://transova.com @TransOvaGenetics Kirk Donsbach: Stone X Financial https://www.stonex.com/ @StoneXGroupInc Mark Vanzee Livestock Market, Equine Market, Auction Time https://www.auctiontime.com/ https://www.livestockmarket.com/ https://www.equinemarket.com/ @LivestockMkt @EquineMkt @AuctionTime Shaye Koester Casual Cattle Conversation https://www.casualcattleconversations.com/ @cattleconvos Questions & Concerns From The Field? Call or Text your questions, or comments to 707-RANCH20 or 707-726-2420 Or email RanchItUpShow@gmail.com FOLLOW Facebook/Instagram: @RanchItUpShow SUBSCRIBE to the Ranch It Up YouTube Channel: @ranchitup Website: RanchItUpShow.com https://ranchitupshow.com/ The Ranch It Up Podcast is available on ALL podcasting apps. https://ranchitup.podbean.com/ References https://www.stonex.com/ https://www.livestockmarket.com/ https://www.equinemarket.com/ https://www.auctiontime.com/ https://gelbvieh.org/ https://www.imogeneingredients.com/ https://alliedgeneticresources.com/ https://westwayfeed.com/ https://medoraboot.com/ http://www.gostockmens.com/ https://www.imiglobal.com/beef https://www.tsln.com/ https://transova.com/ https://axiota.com/ https://axiota.com/multimin-90-product-label/ https://ranchchannel.com/ https://www.wrangler.com/ https://www.ruralradio147.com/ https://www.rfdtv.com/ https://www.facebook.com/annualfcaqualityreplacementheifersale https://transova.com/ https://transova.com/wp-content/uploads/2020/05/IVF_Powerful_Tool.pdf
Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: The 'strong' feature hypothesis could be wrong, published by lsgos on August 2, 2024 on LessWrong. NB. I am on the Google Deepmind language model interpretability team. But the arguments/views in this post are my own, and shouldn't be read as a team position. "It would be very convenient if the individual neurons of artificial neural networks corresponded to cleanly interpretable features of the input. For example, in an "ideal" ImageNet classifier, each neuron would fire only in the presence of a specific visual feature, such as the color red, a left-facing curve, or a dog snout" : Elhage et. al, Toy Models of Superposition Recently, much attention in the field of mechanistic interpretability, which tries to explain the behavior of neural networks in terms of interactions between lower level components, has been focussed on extracting features from the representation space of a model. The predominant methodology for this has used variations on the sparse autoencoder, in a series of papers inspired by Elhage et. als. model of superposition. Conventionally there understood to be two key theories underlying this agenda. The first is the 'linear representation hypothesis' (LRH), the hypothesis that neural networks represent many intermediates or variables of the computation (such as the 'features of the input' in the opening quote) as linear directions in it's representation space, or atoms[1]. And second, the theory that the network is capable of representing more of these 'atoms' than it has dimensions in its representation space, via superposition (the superposition hypothesis). While superposition is a relatively uncomplicated hypothesis, I think the LRH is worth examining in more detail. It is frequently stated quite vaguely, and I think there are several possible formulations of this hypothesis, with varying degrees of plausibility, that it is worth carefully distinguishing between. For example, the linear representation hypothesis is often stated as 'networks represent features of the input as directions in representation space'. There are a few possible formulations of this: 1. (Weak LRH) some features used by neural networks are represented as atoms in representation space 2. (Strong LRH) all features used by neural networks are represented by atoms. The weak LRH I would say is now well supported by considerable empirical evidence. The strong form is much more speculative: confirming the existence of many linear representations does not necessarily provide strong evidence for the strong hypothesis. Both the weak and the strong forms of the hypothesis can still have considerable variation, depending on what we understand by a feature. I think that in addition to the acknowledged assumption of the LRH and superposition hypotheses, much work on SAEs in practice makes the assumption that each atom in the network will represent a "simple feature" or a "feature of the input". These features that the atoms are representations of are assumed to be 'monosemantic': they will all stand for features which are human interpretable in isolation. I will call this the monosemanticity assumption. This is difficult to state precisely, but we might formulate as the theory that every represented variable will have a single meaning in a good description of a model. This is not a straightforward assumption due to how imprecise the notion of a single meaning is. While various more or less reasonable definitions for features are discussed in the pioneering work of Elhage, these assumptions have different implications. For instance, if one thinks of 'features' as computational intermediates in a broad sense, then superposition and the LRH imply a certain picture of the format of a models internal representation: that what the network is doing is manipulating atoms in superposition (if y...
Link to original articleWelcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: The 'strong' feature hypothesis could be wrong, published by lsgos on August 2, 2024 on LessWrong. NB. I am on the Google Deepmind language model interpretability team. But the arguments/views in this post are my own, and shouldn't be read as a team position. "It would be very convenient if the individual neurons of artificial neural networks corresponded to cleanly interpretable features of the input. For example, in an "ideal" ImageNet classifier, each neuron would fire only in the presence of a specific visual feature, such as the color red, a left-facing curve, or a dog snout" : Elhage et. al, Toy Models of Superposition Recently, much attention in the field of mechanistic interpretability, which tries to explain the behavior of neural networks in terms of interactions between lower level components, has been focussed on extracting features from the representation space of a model. The predominant methodology for this has used variations on the sparse autoencoder, in a series of papers inspired by Elhage et. als. model of superposition. Conventionally there understood to be two key theories underlying this agenda. The first is the 'linear representation hypothesis' (LRH), the hypothesis that neural networks represent many intermediates or variables of the computation (such as the 'features of the input' in the opening quote) as linear directions in it's representation space, or atoms[1]. And second, the theory that the network is capable of representing more of these 'atoms' than it has dimensions in its representation space, via superposition (the superposition hypothesis). While superposition is a relatively uncomplicated hypothesis, I think the LRH is worth examining in more detail. It is frequently stated quite vaguely, and I think there are several possible formulations of this hypothesis, with varying degrees of plausibility, that it is worth carefully distinguishing between. For example, the linear representation hypothesis is often stated as 'networks represent features of the input as directions in representation space'. There are a few possible formulations of this: 1. (Weak LRH) some features used by neural networks are represented as atoms in representation space 2. (Strong LRH) all features used by neural networks are represented by atoms. The weak LRH I would say is now well supported by considerable empirical evidence. The strong form is much more speculative: confirming the existence of many linear representations does not necessarily provide strong evidence for the strong hypothesis. Both the weak and the strong forms of the hypothesis can still have considerable variation, depending on what we understand by a feature. I think that in addition to the acknowledged assumption of the LRH and superposition hypotheses, much work on SAEs in practice makes the assumption that each atom in the network will represent a "simple feature" or a "feature of the input". These features that the atoms are representations of are assumed to be 'monosemantic': they will all stand for features which are human interpretable in isolation. I will call this the monosemanticity assumption. This is difficult to state precisely, but we might formulate as the theory that every represented variable will have a single meaning in a good description of a model. This is not a straightforward assumption due to how imprecise the notion of a single meaning is. While various more or less reasonable definitions for features are discussed in the pioneering work of Elhage, these assumptions have different implications. For instance, if one thinks of 'features' as computational intermediates in a broad sense, then superposition and the LRH imply a certain picture of the format of a models internal representation: that what the network is doing is manipulating atoms in superposition (if y...
The Elder wand was the first hallow created, made by Death himself, and it was said to be the most powerful wand that ever existed. The Elder Wand is made of elder wood, and it's core is the tail hair of a Thestral. It's 15” long and has carvings down its length that resemble clusters of elderberries. With the elder wand, witches and wizards have historically been able to produce intensely powerful magic that others could only dream of. Some magic is actually altogether impossible without the Elder Wand- including things like mending other wands.We see this powerful artefact pass hands on numerous occasions throughout the Harry Potter story- and its ‘ownership' is of utmost importance to the plot. After all, it's the ownership of the Elder Wand that eventually allows Harry to defeat Voldemort- firing his own killing curse right back at him. But before Harry became it's owner in his final showdown with Voldemort at the end of the Deathly Hallows- who were the true owners?Conventionally it is believed that Dumbledore was the owner, followed by Draco who disarmed Dumbledore, followed by Harry who disarmed Draco. But one popular fan theory suggests that Dumbledore was never the true owner at all. So where does that leave us?The main driver behind the theory is HOW the wand actually changes ownership. Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Elder wand was the first hallow created, made by Death himself, and it was said to be the most powerful wand that ever existed. The Elder Wand is made of elder wood, and it's core is the tail hair of a Thestral. It's 15” long and has carvings down its length that resemble clusters of elderberries. With the elder wand, witches and wizards have historically been able to produce intensely powerful magic that others could only dream of. Some magic is actually altogether impossible without the Elder Wand- including things like mending other wands. We see this powerful artefact pass hands on numerous occasions throughout the Harry Potter story- and its ‘ownership' is of utmost importance to the plot. After all, it's the ownership of the Elder Wand that eventually allows Harry to defeat Voldemort- firing his own killing curse right back at him. But before Harry became it's owner in his final showdown with Voldemort at the end of the Deathly Hallows- who were the true owners? Conventionally it is believed that Dumbledore was the owner, followed by Draco who disarmed Dumbledore, followed by Harry who disarmed Draco. But one popular fan theory suggests that Dumbledore was never the true owner at all. So where does that leave us? The main driver behind the theory is HOW the wand actually changes ownership. Learn more about your ad choices. Visit megaphone.fm/adchoices
Reconductoring power grids to boost energy efficiencyThe expansion of renewable energy has resulted in a heightened need for greater transmission capacity of the electrical grid. Unfortunately, permitting and cost allocation have been large hurdles to the potential of rapid expansion to meet future demand. As an alternative, large-scale reconductoring of advanced conductor systems has been proposed as a solution. Such an alternative can double transmission capacity cost-effectively, without the need to ensure additional permitting. In order to achieve this transition, old steel power lines would be replaced with carbon fiber, reducing electricity loss and boosting the overall capacity of the power grid. How does reconductoring work?In order to achieve clean energy goals, it is vital that we increase power grid capacity. To briefly summarize, electrons travel along transmission lines between towers made of conducting elements and a strength member, which allows conductors to hang between towers. The most common type of reinforcement is ACSR, aluminum conductor steel reinforced, used in overhead electrical transmissions. ACSR is susceptible to degradation and breakage, which may lead to more frequent power outages and increased chemical runoff into the environment. As an alternative, ACSS has been proposed by researchers as it carries more current than ACSR and is supported at higher temperatures. According to recent studies by the Goldman School and GridLab, replacing power lines with advanced conductors would enable 90% clean electricity by 2035. The report revealed that reconductoring transmission lines could add approximately 65 TW-miles of new interzonal transmission capacity in ten years, compared to 16TW-miles from building only new transmission lines. In terms of pricing, implementing advanced conductors costs around 20% more than building new lines. Yet replacing old lines with advanced conductors is typically half the cost than building new lines for the same capacity, partly because you reuse old infrastructure and the new models are much more energy efficient. Further policy and legislation is necessary in order to drive this technology into the future and ensure proper permitting, funding, and planning. What are some of the benefits?Advanced composite-core conductors such as ACSS can carry double the existing capacity, operate at higher temperatures, and reduce line sag. Further, replacing the steel for a stronger yet smaller composite-based core can avoid the construction of new lines which bring about land acquisition and increasing permitting. There is already a growing movement towards reconductoring, as 90,000 miles of advanced conductors have been deployed globally. More advanced conductors also have the benefit of being cost-effective, with an estimated $180 billion in systems cost savings with more long-term structure. Advanced conductors enable a doubling of line capacity at less than half the cost of new lines. Alongside the benefits, at large, reconductoring can play a pivotal role in low-cost decarbonization of power systems.What are some of the drawbacks?Amidst the potential advantages are obstacles that may impede the future progress of reconductoring. First, there is a lack of awareness. Conventionally, the only way to expand the grid capacity has been to build new lines. Utilities are not aware of the existing solution and often fail to take reconductoring into account. Alongside this is a lack of experience and misconception that implementing reconductoring lines is difficult and unrealistic. As there is a lack of incentives for utilities to improve their products, cheaper solutions are not enticing for their rate of return regulation. Particularly if reconductoring only occurs in localized areas as opposed to system-wide implementation, the benefits may be limited. Thus, government prioritization of this new solution is critical in order to boost conductor efficiency.About our guestUmed Paliwal is a senior scientist at the Center for Environmental Public Policy and the Goldman School of Public Policy at UC Berkeley. Umed conducts research on ways to integrate renewables on the grid and understand its impact on reliability and energy pricing. Umed's research has revealed that replacing old power lines with newer technology can boost the capacity of the power grid and help to achieve clean energy goals. He holds a Master of Public Policy from UC Berkeley where he focused on energy markets, regulation, power systems modeling and data analytics. ResourcesGrid rewiring: An answer for Biden's climate goals?Reconductoring Could Help Solve America's Looming Grid CrisisReconductoring US power lines could quadruple new transmission capacity by 2035: reportFurther ReadingAccelerating Transmission Expansion by Using Advanced Conductors in Existing Right-of-WayAdvanced Conductors on Existing Transmission Corridors to Accelerate Low Cost DecarbonizationThe 2035 Report: Reconductoring With Advanced Conductors Can Accelerate The Rapid Transmission Expansion Required For A Clean Grid For a transcript of this episode, please visit https://climatebreak.org/increasing-efficiency-through-power-line-reconductoring-with-umed-paliwal/
Conventionally, we are taught that evolution implies there is no ultimate purpose to our existence, that life lacks inherent meaning — we are the product of countless intricate molecular and genetic accidents. And to many, evolution leaves little room for, and perhaps even contradicts, the existence of a deity. However, our guest on this episode, Samuel Wilkinson, MD, a professor of psychiatry at Yale University, thinks there is another way to look at evolution. Drawing from an array of disciplines ranging from evolutionary biology to cognitive science, Dr. Wilkinson provides a framework for evolution suggesting not only that there is an overarching purpose to our existence, but what that purpose is. He presents this framework in his 2024 book, Purpose: What Evolution and Human Nature Imply about the Meaning of Our Existence. Over the course of our conversation, Dr. Wilkinson shares how an existential crisis during medical school led him down the path of exploring the ways evolution can be reconciled with fundamental questions and answers about life's meaning; how navigating the dual potential of human nature — pulling us between selfishness and altruism, aggression and cooperation — is key to understanding our purpose; why evolution does not exclude the possibility of existence of a god or gods; the importance of relationships in living fulfilling lives; the role of free will in the choice between good and evil; and more. In this episode, you'll hear about: 3:37 - How a drive to understand human nature drove Dr. Wilkinson to leave his engineering studies and pursue a career as a psychiatrist. 4:44 - The scope of Dr. Wilkinson's work at Yale 7:13 - What studying depression has taught Dr. Wilkinson about human nature 9:00 - How Dr. Wilkinson views the connection between evolution and God 24:00 - How the central argument of Dr. Wilkinson's book differs from intelligent design26:41 - Dr. Wilkinson's view of selfishness in human nature 37:49 - The deeper meaning that Dr. Wilkinson sees within the biological patterns of evolution 39:04 - The validity of moral relativism43:42 - “The Rider and the Elephant” as a metaphor for human nature 45:43 - Dr. Wilkinson's thoughts on free will 55:15 - How marriage can provide a cornerstone to building “a good life” 58:10 - The way in which Dr. Wilkinson's faith fits into his personal view of human nature 1:04:42 - How Dr. Wilkinson brings these principles into his clinical practice Dr. Samuel Wilkinson is the author of Purpose: What Evolution and Human Nature Imply about the Meaning of Our Existence (2024). Works and Individuals Discussed:The Selfish Gene by Richard DawkinsDetermined: A Science of Life Without Free Will by Robert SapolskyMichael Behe and the concept of intelligent design Free Will by Sam Harris
Join Grace Sharkey and Blythe for the latest installment of Freight Friends, where they give some love to the unsung modes of shipping: tugboats and barges. Grace also gives us insight into Uber's third annual Carrier Summit, and gals close out the show by talking about the illegal ivory supply chain, Hubble Network, and good freight marketing. QUOTES:"Conventionally, tugboat captains move close to the assisted vessel to be able to grab the messenger line from the assisted vessels troops, often even under the bow or in the turbulent. A minor floor in the maneuvering can result in major damage or injuries of the deck crew of both the tugboat and the assisted ship." - From the video"Most of the sales processes are very manual, and you got to talk to a lot of people, depending on what you're doing, you may be coordinating across 3456 different parties, each of which you have to communicate individually, depending on your use case. And that creates a really high barrier of entry for shippers." - From the Open Tug video"So we simplify that we're the first digital marketplace to connect bulk and Breakbulk shippers with transportation and terminal capacity. Customers simply search for their requirements or destinations or cargo and their timeline, they booked that shipment and they track it to their destination." - From the Open Tug videoLINKS:Grace's LinktreeNational Geographic's “Warlords of Ivory”Uber Freight Tugboat mug on Everything is Logistics OpenTugSSBadgerBoatNerdA Crash Course in Freight AI with Garrett AllenLessons from 15 Years at TQL with Chris FieldsTenney GroupHubble NetworkWATCH THE FULL EPISODE HEREFeedback? Ideas for a future episode? Shoot us a text here to let us know.---------------------------------------------THANK YOU TO OUR SPONSORS!Are you experienced in freight sales or already an independent freight agent? Listen to our Freight Agent Trenches interview series powered by SPI Logistics to hear directly from the company's agents on how they took the leap and found a home with SPI freight agent program. Tai TMS is designed to streamline your brokerage operations and propel growth for both FTL and LTL shipment cycles. Book a demo with the Tai team today and tell them Everything is Logistics sent you. Maximize your website's performance as a sales tool with Digital Dispatch's website management.
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Steel ProductionGlobally, 1.9 billion metric tons of crude steel were produced in 2022. Over the past 15 years, the global demand for steel production has nearly doubled, as this versatile product can be found in nearly all modern infrastructure such as buildings, ships, vehicles, machines, and appliances. Conventionally, steel is made from iron ore (the world's third most produced commodity by volume), which is a compound derived from iron, oxygen, and other minerals. Through a blast or electric furnace, in which electricity is used to create high-temperature environments to melt the reactants, the final product of steel is generated following a molting refining process. Unfortunately, steel production is extremely energy-intensive and accelerates air pollution through the release of nitrous oxide, carbon dioxide, carbon monoxide, and sulfur dioxide. On average, 1.83 tons of CO2 is emitted for every ton of steel that is produced. Steel production accounts for nearly 7-11% of total global greenhouse gas emissions emitted annually. Steel production not only has harmful environmental impacts, but can negatively impact human health leading to respiratory diseases such as asthma, COPD, and cancer. What is Green Steel?To mitigate the harmful environmental and health effects of conventional steel production, many researchers are working on green steel as an alternative. Green steel is a form of steel production that is powered by hydrogen or renewable energy, which can reduce carbon dioxide emissions and minimize waste. Green steel can be accomplished through various methods, whether by reducing carbon-based agents, moving from blast to electric furnaces, or decreasing reliance on fossil-fuel based inputs. In traditional steel production, CO2 emissions generally arise from the use of coal and coke to remove oxygen from iron ore. Green steel utilizes hydrogen rather than coal or coke. When burned, hydrogen emits only water, so this phase of manufacturing is free of carbon dioxide emissions. As a result, water is the only byproduct which can then be used to produce more hydrogen, forming a closed loop system. Throughout production, green steel utilizes either wind, solar or hydro to power the furnaces instead of fossil power. Scrap materials of used steel can also be utilized, reducing the need for extracting additional primary materials. The Future of Green SteelGreen steel production is on the forefront of innovative design in equipping regions like the Rust Belt with strategies to significantly revitalize their current operations. Last March the Biden-Harris Administration announced a $6 billion funding from the U.S. Department of Energy to accelerate decarbonization projects in energy-intensive industries like steel production. Such investments aim to spearhead the transition to renewable energy sources, focus on investment in new carbon technologies, enable markets to build cleaner products, and benefit local communities. Additionally, a transition to hydrogen-based electric manufacturing could increase jobs in the steel and energy industries by 43 percent. Overall, green steel can conserve resources, promote economic growth, and assist in decarbonization. Scaling Up the Technology is Proving TroublesomeSteel has posed to be one of the most challenging industries to decarbonize. On a large scale, clean hydrogen production will require billions of dollars in investment to achieve a full transition. Currently, the cost of production of green steel is higher than conventional steel due to the high investment and electricity costs required. Labor, finance, and advanced technology will be essential in scaling up green steel production.About the Guest Adam Rauwerdink is the Senior Vice President of Business Development for Boston Metal, a Massachusetts based start-up working towards decarbonizing steelmaking and advancing efficient, sustainable metal production. Boston Metal utilizes Molten Oxide Electrolysis, a technology platform powered by electricity. In order to effectively scale up green steel production.ResourcesBoston Metal websiteDecarbonising the steel industry with new fossil-free production methods (AFRY AB, 2024)Environmental impact of steel production (TheWorldCounts, 2024)Mozaffari et al., Effects of occupational exposures on respiratory health in steel factory workers (Frontiers in Public Health, 2023)Myers, Steel built the Rust Belt. Green steel could help rebuild it. (Grist, 2023)Steel: Definition, Composition, Types, Properties, and Applications (Xometry, 2023)Rossi, The Race to Produce Green Steel (Undark, 2022)For a transcript of this episode, please visit https://climatebreak.org/advancing-sustainable-steel-production-with-adam-rauwerdink/
BUFFALO, NY- March 18, 2024 – A new #researchpaper was #published in Oncotarget's Volume 15 on March 14, 2024, entitled, “G-quadruplex landscape and its regulation revealed by a new antibody capture method.” In this new study, researchers Subhamoy Datta, Manthan Patel, Chakkarai Sathyaseelan, Chandrama Ghosh, Akanksha Mudgal, Divyesh Patel, Thenmalarchelvi Rathinavelan, and Umashankar Singh from the Indian Institute of Technology Gandhinagar, Indian Institute of Technology Hyderabad, Queen Mary University of London, Bar-Ilan University, Medical University of Lublin, and the University of Helsinki discuss a secondary structure of DNA that has attracted wide interest, G-quadruplexes or G4s. “Our understanding of DNA G-quadruplexes (G4s) from in vitro studies has been complemented by genome-wide G4 landscapes from cultured cells.” Conventionally, the formation of G4s is accepted to depend on G-repeats such that they form tetrads. However, genome-wide G4s characterized through high-throughput sequencing suggest that these structures form at a large number of regions with no such canonical G4-forming signatures. Many G4-binding proteins have been described with no evidence for any protein that binds to and stabilizes G4s. “It remains unknown what fraction of G4s formed in human cells are protein-bound.” The G4-chromatin immunoprecipitation (G4-ChIP) method hitherto employed to describe G4 landscapes preferentially reports G4s that get crosslinked to proteins in their proximity. The current understanding of the G4 landscape is biased against representation of G4s which escape crosslinking as they are not stabilized by protein-binding and presumably transient. The researchers reported a protocol that captures G4s from the cells efficiently without any bias as well as eliminates the detection of G4s formed artifactually on crosslinked sheared chromatin post-fixation. They discovered that G4s form sparingly at SINEs (short interspersed nuclear elements). An application of this method shows that depletion of a repeat-binding protein CGGBP1 enhances net G4 capture at CGGBP1-dependent CTCF-binding sites and regions of sharp interstrand G/C-skew transitions. “The AbC G4-ChIP presents a powerful technique to decipher the cellular G4 landscape and its regulation and it has the potential to be adapted for discovering any DNA secondary structures genome-wide against which reliable antibodies are available.” DOI - https://doi.org/10.18632/oncotarget.28564 Correspondence to - Umashankar Singh - usingh@iitgn.ac.in Sign up for free Altmetric alerts about this article - https://oncotarget.altmetric.com/details/email_updates?id=10.18632%2Foncotarget.28564 Subscribe for free publication alerts from Oncotarget - https://www.oncotarget.com/subscribe/ Keywords - cancer, DNA G-quadruplexes, G4-ChIP, CGGBP1, CTCF, G/C-skew Oncotarget (a primarily oncology-focused, peer-reviewed, open access journal) aims to maximize research impact through insightful peer-review; eliminate borders between specialties by linking different fields of oncology, cancer research and biomedical sciences; and foster application of basic and clinical science. Oncotarget is indexed and archived by PubMed/Medline, PubMed Central, Scopus, EMBASE, META (Chan Zuckerberg Initiative) (2018-2022), and Dimensions (Digital Science). To learn more about Oncotarget, please visit https://www.oncotarget.com and connect with us: Facebook - https://www.facebook.com/Oncotarget/ X - https://twitter.com/oncotarget Instagram - https://www.instagram.com/oncotargetjrnl/ YouTube - https://www.youtube.com/@OncotargetJournal LinkedIn - https://www.linkedin.com/company/oncotarget Pinterest - https://www.pinterest.com/oncotarget/ Reddit - https://www.reddit.com/user/Oncotarget/ Spotify - https://open.spotify.com/show/0gRwT6BqYWJzxzmjPJwtVh MEDIA@IMPACTJOURNALS.COM
Your "Big 3" in Astrology are your Sun, Moon, and Rising signs. Conventionally. Thing is, what you see in someone's personality is not their Sun, Moon, and Rising. Ready to understand yourself and others at the deepest levels? Learn your real Big 3 in this here episode and never be the same again. Let's get into it! For everything Light Goddess go to EmpoweredWomenRise.com
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Join our free Florida income properties webinar, tonight, Monday, November 27th for 5.75% mortgage rates at: GREwebinars.com Today's topics: Conventional financial advice is God-awful; tertiary real estate markets; I've got a solution to guilt tipping; whether or not the world is uncertain and unsafe. Conventional financial advice is so bad. I attack the practices of setting budget alerts and paying off your smallest debts first. Don't roll a debt snowball; roll a cash flow snowball. In the past five years, tertiary markets are beginning to exhibit the rent stability of larger markets. Guilt tipping is out of control. Learn my elegant solution. You'll never pay a guilt tip again. It seems like the world is increasingly uncertain and unsafe. It isn't. I talk about why it only seems this way. Timestamps: The limitations of budgeting (00:02:43) Discussion on the drawbacks of using budgeting platforms and how they reinforce scarcity thinking. The debt snowball concept (00:05:09) Explanation of the debt snowball method of debt paydown and why it is not aligned with an abundance mindset. Investing in tertiary real estate markets (00:09:43) Exploration of the emerging bullish case for investing in smaller, tertiary real estate markets and their stability compared to larger markets. Tertiary Real Estate Markets (00:10:56) Discussion of the advantages and objections to investing in smaller tertiary real estate markets. Increasing Investor Appetite in Smaller Markets (00:12:02) Exploration of the growing interest and sales volumes in tertiary real estate markets. Guilt Tipping and a Solution (00:20:16) Explanation of guilt tipping and a proposed solution to avoid feeling pressured to leave a tip when making digital payments. Guilt Tipping and the Increasing Expectations (00:21:20) Discussion on the rise of tipping expectations and the use of digital payment prompts to ask for tips. The Problem with Guilt Tipping and the Inconvenience of Undoing Tips (00:23:45) Exploration of the annoyance of guilt tipping and the difficulty of undoing tips after poor service. The Solution: Paying Cash to Avoid Guilt Tipping (00:31:18) Suggestion to pay with cash as an elegant solution to circumvent guilt tipping and ignore electronic payment terminals. The Uncertainty of the World (00:32:25) Discusses how uncertainty has always existed and how waiting for complete clarity can hinder investment decisions. Disasters and Uncertainty (00:33:47) Lists various disasters and events that have occurred in the US, highlighting the constant presence of uncertainty and the relative sense of certainty and safety today. The Ultra Safety of American Society (00:36:13) Examines how society has become ultra safe, discussing the term "safetyism" and providing examples of excessive safety measures. Resources mentioned: Show Notes: GetRichEducation.com/477 Join our Florida properties webinar, free, Nov. 27th at 8:30 PM ET at: www.GREwebinars.com For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” Top Properties & Providers: GREmarketplace.com GRE Free Investment Coaching: GREmarketplace.com/Coach Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold Complete Episode Transcript: Keith Weinhold (00:00:01) - Welcome to I'm your host, Keith Weinhold, with a rant on how conventional financial advice is so terribly god awful an outlook for tertiary real estate markets, then? Are you getting worn down from guilt tipping? I've got a proven solution on how you'll never pay a guilt trip to a business again. And finally, how do you arrange your investing in personal finances in a world that's uncertain and unsafe? All today on get Rich education? When you want the best real estate and finance info, the modern internet experience limits your free articles access, and it's replete with paywalls. And you've got pop ups and push notifications and cookies. Disclaimers. Oh, at no other time in history has it been more vital to place nice, clean, free content into your hands that actually adds no hype value to your life? See, this is the golden age of quality newsletters, and I write every word of hours myself. It's got a dash of humor and it's to the point to get the letter. It couldn't be more simple text to six, 6866. Keith Weinhold (00:01:15) - And when you start the free newsletter, you'll also get my one hour fast real estate course completely free. It's called the Don't Quit Your Day dream letter and it wires your mind for wealth. Make sure you read it, text GRE to 66866. Text GRE to 66866. Speaker 2 (00:01:40) - You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold (00:01:56) - Welcome from Los Angeles, California, to Las Cruces, New Mexico, and across 188 nations worldwide. I'm Keith Wayne holding. This is get rich education. When you pay for a low level service item like a Chipotle burrito, and another human is looking at you to see if you leave a 20% tip on a digital payment terminal, does that make you feel uncomfortable? Well, now you're being asked to. Guilt tip I've got a foolproof way on how to never get put in that situation again. That I'll share with you later here. You know, sometimes you just hear something that triggers a rant. I recently heard an ad for a digital platform that helps you manage your finances. Keith Weinhold (00:02:43) - And what an awful, in scarcity minded way of thinking this reinforces. But this is actually what mainstream financial guidance looks like. All right, it was an ad for a digital platform trying to attract you there. And here's basically how it works. You set up your account. Then based on your income and expenses, you set up your budget. And as you know, that is a bad word around here, a budget. It's not how you want to live long term. All right. Then, when you're close to hitting your spending budget for the month or whatever, this platform triggers a budget alert. Are you kidding me? You get emailed a budget alert. How convenient. Oh, geez. So much for living an aspirational life by design. What a dreadful idea. Like someone that really wants more out of life would actually take effort to set up something like that. You would be building an architecture to establish life patterns that completely say, I think that money is a scarce resource. Now, in the short term, you've got to do what you've got to do, which might mean living below your means for a little while. Keith Weinhold (00:03:55) - But in a world of abundance, delayed gratification should be a short term notion for you. I think that this type of platform that centered around stupid budget alerts is so limiting. Gosh, you've got to feel cheap just saying that out loud a budget alert. But anyway, that sounds conducive to this concept of scarcity based finance called a debt snowball that you can read about the debt snowball on Investopedia. But the debt snowball, that's basically how you pay off your debt with the smallest balance first, not the highest interest rate, but yes, the smallest principal balance it would have basically says is in the first step, what you're supposed to do is list your debts from smallest to largest, and that's regardless of interest rate, just smallest to largest based on the amount. And then the next step is that you make minimum payments on all of your debts except the smallest one, because you pay as much as possible on your smallest debt. And then the last step is you're supposed to just go ahead and repeat that until each debt is paid in full. Keith Weinhold (00:05:09) - That's the debt snowball. So according to that, why do they say to disregard the interest rate, which is your cost of capital? Because they say that when you pay off the smallest debt super quick, that you're going to be jumping up and down with excitement, and that is going to motivate you to keep working hard to get debt free. They say that hope is more important than math. That's the school of thought. And along the way you should lower your expenses, cut spending, work hard and add a side hustle where you can. Oh my gosh, that is all congruent with this debt snowball concept that we sure do not endorse here at. I mean, that is 100% orthogonal to the world of abundance that we believe in. So often on your high interest rate debt. What you would do then is you'd make the minimum payments with this debt snowball, and then you focus it all on your smallest debt amount, regardless of interest rate. You've heard that right? And it even advocates that you stop investing and just focus on that smallest debt amount, even if it's a low interest rate. Keith Weinhold (00:06:22) - That makes no sense. If you've decided that debt paydown is the best allocation of your first expendable dollar. All right, even if that were a yes, then in most cases you'd want to pay down the highest interest rate independent of the total principal balance on each of your debts. I mean, that's arbitrage, but they even bigger question for you, almost existential in nature is why is the best way to allocate your first expendable dollar on debt? Paydown. And. Any way it's or that. First, because one of the first places to look is how you can leverage that dollar 4 to 1 or 5 to 1 as long as you've controlled cash flows. Now, sometimes there are instances where you'd want to pay down debt before investing, certainly like a 20% Apr credit card debt, that could be one such place. So could retiring a debt to help your DTI, your debt to income ratio so that you can originate a new business loan or a new real estate loan first? All right, you might do thatrillionegardless of the interest rate on a loan. Keith Weinhold (00:07:30) - But my gosh, if we want to stick with the snowball analogy, since we're a few days from December here, instead of trying to push a debt snowball up a hill to start rolling a cash flow snowball down a hill, when you buy an asset that pays you a monthly income stream to own it, that is constructive. Compounding your cash flows beats compounding your debt paid out. Instead of trying to push a debt snowball up a hill because you're cutting your one and only quality of life down. Instead, start rolling a cash flow snowball down a hill, and now you've got gravity working with you in the right way. That is the end of my rent. Hey, maybe I just feel like complaining a bit. My Jim was playing Phil Collins and Elton John all weekend, so maybe that's a kind of what in the world kind of mood that had generated in me, I don't know. And hey, nothing wrong with Phil Collins and Elton John. I mean, those guys are truly talented singers, 100%. Keith Weinhold (00:08:28) - I just don't want to be working out to those guys. Michael Bolton, George Michael that's not motivating me to hit 20 burpees. Okay. Hey, well, I hope that you were set up for a great week. Be sure that part of it is that you are signed up for our live event tonight for 5.75% mortgage rates on Florida Income property@webinars.com. Now, whether you're looking at investment property in Florida or most any of the other 49 US states, there's a really nascent and interesting development that's been taking place for at least five years now. And that is what's happening in tertiary markets, smaller markets. I'll define tertiary a bit more shortly, but we're talking about metro statistical areas, MSAs that are probably not under 100,000 population, not that small. From a rent growth perspective. What's happened is that over the last five years, tertiary markets have had similar patterns to bigger markets. And historically, these smaller markets have been more erratic. But in rent growth terms, tertiary markets have stabilized. Now, a primary market is something like New York City or Chicago, a secondary market. Keith Weinhold (00:09:43) - You might think of that as a little Rock, Arkansas, where it's under a million in size, and then a tertiary market that's going to be somewhat discretionary. But we're talking about a population of 100 K up to, say, 300 K. And what's noteworthy is that there are now more analysts and investors that are bullish on vibrant tertiary markets. So let's talk about why this is happening. I think there's an emerging bull case for overcoming some of the historical roadblocks to tertiary market investments in a diversified multifamily or single family rental portfolio. And one classical objection is that tertiary real estate markets are too volatile. Historically, we perceive smaller markets as more volatile. Yes, and some surely are. But over these last five years, markets outside the top 50 in size were regularly more consistent. Okay. They avoided rent cuts in 2020. They recorded sizable but less lawfully rent hikes in 2021 and 2022. And now they remain moderately positive in 2023, even as larger markets have kind of flattened out in the rent growth. Keith Weinhold (00:10:56) - And of course, we're talking about a composite group of tertiary markets here. Some are more stable than others. You got to watch those local trends as always, of course. And you know, classically a second objection with these smaller markets is that, well, it's too easy to add a lot of supply. And yes, that is sometimes true and sometimes it's not. Indeed, there are a handful of small markets that are building like crazy, like Sioux Falls, South Dakota in Huntsville, Alabama. But as a group, the construction rate in what that is is the total units under construction divided by the total existing market, that is 5% in large markets versus the construction rate of just 4% in small markets. See, it can be harder to build in certain small markets due to NIMBYism or a lack of debt availability, especially if local banks aren't interested in the check size needed for construction loans. It can also be harder to build in certain small markets due to a lack. Of equity because it's a tougher sell to ask investors in a syndication to bet on a market that they don't have a lot of knowledge of. Keith Weinhold (00:12:02) - Another objection to these tertiary markets is that small markets are not liquid. Since 2019, sales volumes in dollars going into tertiary markets has doubled. Investor appetite has definitely increased in smaller markets. And that's particularly true among these traditional regional investors that are looking for better yield as the larger cities got pricier. So good small markets, you know, a lot of them really are not secrets anymore. And there's only one more objection to these tertiary real estate markets and that it is harder to scale operations. And yes, there is always benefit in efficiency of scale. But, you know, it's certainly been getting easier with better technology today. Investors can always work with top local property managers. And for investment property owners or managers, they often target small markets adjacent to larger markets where they have a bigger presence. So some other considerations before you as an investor go deep in one of these smaller tertiary markets is you want to be choosy in your market and in your site selection. Look for small markets that have multiple drivers. Keith Weinhold (00:13:13) - You don't just want these one trick ponies. You know, I've discussed with you before about how markets that are heavily focused on commodities or heavily focused on military, they are not favorable because those two sectors, for example, commodities and military, are just pretty volatile. Look for growth or steady markets, lots of small markets. They continue to grow at a pretty healthy clip. And you want to look for markets with an absence of new product. Now why don't I name a few tertiary markets so that you can get a better idea of this. So about 100 K to 300 K in population size. Not that these next ones are necessarily good or bad markets. It's just for size comparison. I'm thinking about Ocala, Florida and Shreveport, Louisiana. You know those two. They're almost getting too big. They're almost secondary markets Wilmington, North Carolina at 300 K. That's a tertiary market. So are Akron and Canton, Ohio Dayton. That's pretty tertiary, but it's also close to Cincinnati. So you got a little more safety in Dayton. Keith Weinhold (00:14:20) - Toledo is secondary. Burlington, Vermont is tertiary. Bellingham, Washington is tertiary. Yuma and Flagstaff, Arizona are both tertiary. Yes. We're talking about the stability in rents in tertiary real estate markets. Conventionally. You know, in the past, I've said that MSAs of 500 K population or more, that's pretty much where you want to be. But anymore, with the rise of remote work after 2019, it's really making some of these smaller tertiary markets more palatable to real estate investors and something that you probably want to consider. So really, that's the takeaway for you here and say this is the kind of stuff that really plays into my interests as a geography guy. See, I'm a real estate guy, but I might be the most geography interested real estate guy out there. Geography is something that I really love, though I could I don't share too much geography here on a real estate show. Sometimes it's relevant because both geography and real estate are location, location, location, but sometimes it's less relevant. Keith Weinhold (00:15:25) - For example, North America's longest river is not the Mississippi, it's the Missouri River. The New York City metro area is so populated that more than one in every 18 Americans live there. That's almost 6% of the entire American population. See, some of this is more trivial or of general interest than it is relevant to real estate. Although you could learn some geography from me. Do you know the closest US state to Africa? If you draw a straight line, the closest state to Africa is not Florida or North Carolina. It is Maine. Look on a globe. Part of the reason that Maine is the closest state is that Africa is primarily in the Northern Hemisphere, not the southern, contrary to popular belief, and to look at a different continent. The entirety of South America is east of Jacksonville, Florida. Here's one more piece of geography. Canada's beautiful and mountainous Yukon Territory is larger than California, yet California has more than 900 times the population of the entire Yukon. Yes, the giant Yukon has less than 45,000 people. Keith Weinhold (00:16:39) - It is the practice of guilt tipping out of control. And how do you respond to our world that seems to be increasingly unsafe and uncertain. That's coming up next. They say, if you give a man a fish you have fed him for. Or a day. But if you teach them to fish, you have fed him for a lifetime. Well, here at gray, we do both. I'm not talking about both in terms of men and women, but we teach you how to fish and give you a fish. Get rich. Education is where we teach you how to fish. With this show, with our blog and newsletter and videos, we also give you a fish. That's it. Gray marketplace. It's one of the few places you'll find affordable, available properties that are good quality there at marketplace. They're all conducive to our strategy of real estate pays five ways I'm Keith Wild. You're listening to get Rich education. Jerry listeners can't stop talking about their service from Rich lending group and MLS. For 256. Keith Weinhold (00:17:45) - They've provided our tribe with more loans than anyone. They're truly a top lender for beginners and veterans. It's where I go to get my own loans for single family rental property up to four plex. So start your pre-qualification and you can chat with President Charlie Ridge. Personally, though, even deliver your custom plan for growing your real estate portfolio. Start at Ridge Lending Group. You know, I'll just tell you, for the most passive part of my real estate investing, personally, I put my own dollars with Freedom Family Investments because their funds pay me a stream of regular cash flow in returns are better than a bank savings account up to 12%. Their minimums are as low as 25 K. You don't even need to be accredited for some of them. It's all backed by real estate, and I kind of love how the tax benefit of doing this can offset capital gains in your W-2 jobs income, and they've always given me exactly their stated return paid on time. So it's steady income, no surprises while I'm sleeping or just doing the things I love. Keith Weinhold (00:18:55) - For a little insider tip, I've invested in their power fund to get going on that text family to 66866. Oh, and this isn't a solicitation. If you want to invest where I do, just go ahead and text family to 66866. Speaker 3 (00:19:16) - This is real estate investment coach Naresh Vissa. Don't live below your means. Grow your needs. Listen to get rich education with Keith Weinhold. Keith Weinhold (00:19:34) - Welcome back. I'm your host, Keith Weinhold. There will only ever be one great podcast. Episode 477. And you're listening to it perhaps on one third of our episodes. Throughout the show's history, there is no guest. It's 100% me, a slack jawed monologue like it is today, and lots of great Jerry episodes coming up in the future, including Robert Helms other real estate guys here soon as he runs alongside me for an episode as we discuss goals. If you get value from and you don't want to miss any future episodes, be sure to hit subscribe or follow on your favorite podcast platform so that you're sure to hear from me again after today. Keith Weinhold (00:20:16) - Is guilt tipping out of control? We have all felt it now. Does this happen to you today when you're about to pay the Starbucks barista or for the subway sandwich and they spin the digital payment terminal around toward you and say, it's just going to ask you a question before you pay. And then they stand there and they look at you in the face and they watch what you choose. All right. Does that right there give you a tinge of anxiety or even stress you out? Well, if you give in to that, that is called guilt tipping. And you know what? I've got a solution to guilt tipping. A simple and elegant way that I'm going to share with you so that you never have to see a payment terminal like this in your face again, that asks you for a tip when you're out shopping or dining and paying for something. Yes, I've got a proven solution for how you'll never even be asked to leave a guilt tip again because I tested it and mastered it. It works. Keith Weinhold (00:21:20) - We even have an unverified report on Reddit of a self-serve digital kiosk now even asking you for a tip. What? I mean, how far will this go? Yes, like a self-checkout for your own groceries at a supermarket like Giant or Safeway? First, let's get some context about why this is so important to you in the first place and how bad it's getting. It might even be worse than what you're thinking here. All right, a new study from Pew Research. It found that 72% of people said that the long standing practice of tipping is now expected in more places than it was five years ago. My reaction to that stat is what? How is it not 100% of people saying that it's happening all over the place, and consumers like you and I are increasingly getting tired of it? The way it works is that today's digital payment prompts, they allow businesses to preset suggested tip levels, so it's easier than ever for them to ask for tips and companies that have not done so in the past. They are definitely doing it now rather than giving employees a raise. Keith Weinhold (00:22:35) - Instead, they're asking you to supplement the employee wage by asking you for tips where they didn't before. Must you fight back like David Horowitz, if you're uninitiated on that? I learned about a popular show that apparently ran on prime time network television in the 1980s. The show was called Fight Back with David Horowitz, and it advocated for how consumers can fight back against unscrupulous business practices. In fact, let's listen into the cornball intro of this show, which your parents might remember. It's something about fight back. Don't let businesses push you around. Speaker UU (00:23:20) - But don't let anyone push you around. Fine, but stand up and hold your ground. I got. Someone tries to you in. Five spot. Just. Speaker 4 (00:23:44) - Oh, jeez. Yeah. Keith Weinhold (00:23:45) - Fight back against guilt tipping, I suppose. See, a few years back, the reason that you began getting asked to leave a tip in places you hadn't before. That's because it was a way for you to provide a gratuity for service workers. Because you were supposed to have appreciated that they showed up during the health crisis when a lot of workers did not want to show up. Keith Weinhold (00:24:09) - But now that the crisis appears largely over with, the tip requests have not gone away. They've gotten worse because by now companies see what they can get away with. Now, look, people don't want to feel like a jerk or a cheapskate. You don't. I don't, but businesses are taking advantage of that fact by making bigger than usual tips. The default option on these payment terminals. It really that's the crux of the annoyance. Say that you're given choices of 20, 25, or 30% on a payment terminal just for someone handing you a pre-made sandwich that's already wrapped in cellophane. I've had it happen to me, and then hoping that you will just go ahead and pay the extra amount, rather than hassling with clicking custom tip and entering a smaller number like 10% or zero. Understand something here. The business call it a sandwich shop. They're not the ones that always decide what tip options you're presented with. Did you know that because the companies that own the payment systems, they can earn a cut of your money from each transaction? Those payment system companies, they also have an incentive to increase those amounts as much as possible, not just the sandwich shop, but they are both complicit in this scheme together. Keith Weinhold (00:25:37) - But now sometimes you get asked to leave a tip beforehand before you're even delivered any good or service. And see, that's getting awkward too. And see the fear of that you and I should have. Now is that in this case, as the customer, as the client, you are going to get punished if you leave a low tip before they deliver the service to you. See, that's another big problem here with guilt tipping. Now, traditionally, tips were thought of as a way to reward good service after you already received what you paid for, right? That's how it works. You pay your server after a meal, you pay your valet. After they bring you your car. You pay the tour guide after your volcano hike or snorkel tour. If you thought that they did a good job. Now, just the other day at a chain fast casual Mexican restaurant that you've certainly heard of, I was being rung up about $35 for two double steak burritos, and there's a lower service level there than a full sit down restaurant. Keith Weinhold (00:26:44) - But I left a 10% tip at the counter on that day. I thought they put lots of steak on them. And then I walked my burritos to the tables and the tables were messy. I could not find a clean table anywhere, but I had already left the tip. It was too late, so I left the tip and then only later did I discover the poor service, the messy tables. Oh gosh, I wasn't going to go back and try to undo the tip, huh? Before I tell you about my elegant solution so that you can forever avoid guilt tipping. So let's understand just where are Americans tipping today? The situations when people add a gratuity. You know, this really offers some insight into the new tipping landscape. And again, this is according to Pew Research for dining at sit down restaurants, 92% of people are tipping there. And of note, a majority said that they would tip 15% or less for an average sit down meal. That kind of surprised me, because etiquette experts say the tipping 20% at a full service restaurant is standard now, and that's what I do. Keith Weinhold (00:27:48) - Okay, getting a haircut 78% of people tip today. Having food delivered 76% for those using a taxi or rideshare service like Uber, 61% of people said that they would tip. I tip for all those things. Buying coffee. Only 25% of people leave tips and eating at fast casual restaurants only 12%. So look, people are upset because we've had years of high consumer price inflation and service inflation on top of that. And then a tip on top of that. Yeah. So it's tip relation on top of inflation. And then there is this preponderance of restaurants especially. It suggests that you tip the post-tax amount. Have you noticed that that means that you're also paying a tip on the tax that you pay? So just pay attention to that next time you're at a sit down, full service restaurant, or really most any other place that suggests a tip amount. And yeah, that's annoying. And I really doubt that that business sends that extra revenue to the IRS where you're paying a tip to the tax amount. Keith Weinhold (00:29:00) - Gosh. But it all comes back to tip and the influx of automatic prompts at businesses like coffee shops, it gives you more chances to tip, and it'll just wear you down and then wear you out, creating this sense of exhaustion thinking what is all this for? It is just wild. If supermarkets are asking you to leave a tip for self checkout, your supermarket wants to outsource their checkout duties from clerks and cashiers to you, asking you to scan your own groceries. By the way, that is an example of service inflation. And then they ask you for a tip. On top of this food inflation and service inflation, you're doing it all yourself. What is next? You're going to have to unload the store's delivery of food from the 18 Wheeler truck in the back, onto a forklift, and onto the shelves yourself. I kind of doubt that. But if grocery stores are convenience stores, self-serve kiosks, if they're requesting tips, then it's more likely that soon enough, your human checkout clerk is going to start requesting tips. Keith Weinhold (00:30:09) - When you're checking out at Whole Foods or Publix or Wegmans or Safeway, that human checkout clerk that's going to appear as some sort of small luxury comparatively. I mean, I would expect that to come to your town next. Expect to see it if you haven't already. There used to be this general understanding of what different tip amounts convey to servers and workers. Now, decades ago, it used to be a 10% tip meant, all right, well, hey, it wasn't horrible, but it wasn't great either. A 15% tip was normal and 20%. That meant that person did an excellent job. But now those amounts have all become expected and they've all been bumped up 5% or more. All right, well, here's my solution to avoid guilt tipping the way to no longer see a digital payment terminal spun around put in your face. Putting you on the spot to make a nice tip is just this two word solution pay cash. Yes, when you pay cash, you don't have to see an electronic payment terminal at all. Keith Weinhold (00:31:18) - And it's far easier for you to ignore a physical tip jar that's sitting on the counter over to the side of you. The elegant and simple solution to guilt tipping is to pay cash. Now go ahead and leave a tip for good service if you want to. I'm not here to suggest that you stop all tipping. It's about how you can make an elegant circumvention of guilt tipping. If you have an eight second long exchange where you ask for a cup of coffee and they turn around and pour it from a spout and hand it to you. And that's all they did. Well, that tips discretionary. The bottom line is that you don't have to tip every time you're prompted. And now go ahead and hit up that ATM with cash. You will be armed and you can avoid guilt tipping completely. And hey, can we say that you will be fighting back like David Horowitz? Tipping is fine, but guilt tipping is out of control. And hey, if you want to see more on guilt tipping, I really brought it to life on a video recently where I really broke it down. Keith Weinhold (00:32:25) - That is on our YouTube channel. We are consistently branded as they say. Our YouTube channel is called get Rich education. So you can watch me talk about guilt tipping and show you more over there. Do you feel like the world that you're living in is increasingly uncertain and unsafe? And is that adversely affecting your investment decisions? That happens to some people and you can't make gains when you stay on the sidelines. I think some people make too much of uncertainty, even though it has always existed. Just look at the last about four years. You know, someone could have said, I am just paralyzed with inaction because of the pandemic. Oh, that's uncertain then the recession fears uncertain, then rising interest rates where they rose fast, uncertain. And today it might be wars uncertain. And you know, the same people that get paralyzed with uncertainty. They will soon say something next year like, well, it's a presidential election year. So. I think uncertainty is going to sideline me again. If you wait for uncertainty to abate, such as you have complete clarity or even great clarity, you're going to be waiting your entire life. Keith Weinhold (00:33:47) - Uncertainty and an absence of complete safety that's existed in the world every single day since the day that you and I were born and before you and I were born. And it will exist after we're gone, too. I mean, really, just look at some of these disasters that have taken place just this century, and we're still in the first quarter of this century. And let's look here at some just in the US, not foreign crises. I'm thinking about the Y2K bug, the September 11th terrorist attacks on the World Trade Towers in the Pentagon, the Iraq war, the invasion into Afghanistan, Hurricane Katrina, where 1800 people were killed, the GREAtrillionECESSION, the Arab Spring, the surprise of Donald Trump becoming our president in 2016. Remember, that was a real upset over Hillary Clinton. How about the jarring events of January 6th of the Capitol less than three years ago, the eviction moratorium, the slow creep of climate change, the riots and civil unrest with the George Floyd protests, the wildflowers from California to Maui. Keith Weinhold (00:35:00) - I mean, I could go on and on about how winners just keep thriving despite a world that's constantly uncertain and unsafe. And I'm only talking about things that involve the United States here, and I'm keeping it confined to this century just a little more than two decades. I mean, before that, we had World wars. We had the Dust Bowl, Cuba's Bay of pigs invasion in the Cuban Missile Crisis that could have led to a nuclear apocalypse that completely destroyed the entire world. There is relative clarity today compared to all that. How about an assassination attempt of our President Reagan? I mean, things are substantially more certain today in a lot of ways. And today, American employment is strong, GDP is growing. Our currency is fairly stable despite our problems, which will always exist. Today, the US economy is outperforming everybody in the world. And in a world that some feel is uncertain and unsafe, just consider the relative sense of certainty and safety you have today. Well, we discuss wars today. As bad as they are when they do happen, they're never on US soil. Keith Weinhold (00:36:13) - Can you imagine an attack on American soil? How would that sound? Like? The enemy has destroyed and taken control of Charleston in Savannah. And next they're moving inland to take down Atlanta. I mean, that's so unlikely that your mind isn't even conditioned to think that way. But the reason that it seems, seems like your world is getting less certain and less safe is because of media. Media is more fractured than it's ever been. It wants your attention. So with more competition with everything from YouTube videos to TikTok clips now competing with legacy media, you get introduced to more fear in order to get your attention. My gosh. I mean, is American life safer than ever? You can make the case that it's become too safe even. I've talked to you before about how things could very well be in safety overboard mode in real estate. Now here we talk about providing clean, safe, affordable and functional housing. But she should need GFCI outlets all over the place in your property, and carbon monoxide detectors and fire rated doors, even when their improvement to your safety is negligible. Keith Weinhold (00:37:32) - American society at large is so ultra safe and in fact, there's even a term for this now it's called safety ism. Yeah, look it up. It's how excessive safety is becoming harmful to society. When you are on your last passenger plane flight at night and you just wanted to take a nice nap, or you wanted to get some sleep, did the pilot come on to the intercom system and wake you up, telling you to sit down and put your seatbelt on every time? Just a small amount of turbulence was being felt. Oh, there are endless instances like that where society's gotten so safe that it's just annoying. The last time that I was shopping at Lowe's, the home improvement store, a forklift driver was slowly driving the aisles really carefully. And besides just the forklift driver sitting on the seat, there was a second man, a flagger, that was out in front of him, walking, holding two little flags. So the shopping customers knew that a forklift. This coming. Like, that's such a wild hazard to human safety. Keith Weinhold (00:38:37) - I mean, gosh, the gross inefficiency of that just to improve safety ever so slightly. Construction workers that have to wear hard hats outdoors in an open field. I mean, our society has become Uber safe. Now, don't get me wrong, some measure of safety is definitely a good thing, but I'm underscoring the fact that historically, this world that you're living in is ultra safe and ultra certain. And then within our investing world, take a look around what can be said to be certain and uncertain. Apple. They're the world's largest company by market cap at about $3 trillion. And their risk is that eventually they might fail to keep innovating. How about Bitcoin? Bitcoin could have government crackdowns or some other lack of certainties, their money in the bank and owning Treasury bonds. All right. That's fairly safe and certain. But you aren't getting any real yield there. And in a world that feels more uncertain and unsafe than it really is, bring it back to the positive attributes of being a real estate investor here. Keith Weinhold (00:39:46) - You know, monetary inflation is a near certainty, and so is the fact that people will pay you rent if you put a roof over their heads. Certainty. It helps to be mindful that safety is the opposite of freedom, and that having security is the opposite of having opportunity. Hey, well, speaking of opportunity, join our investment coach Norris for Grizz Live event that is to night. You can join from the comfort of your own home. You get to select from one of the two options for Florida Income property. You can select either a 5.75% mortgage rate or the 224 program, which means two years of free property management. 2% of the purchase price. In closing cost credit to you and a generous $4,000 lease up fee credit. Sign up. It's free. It's our live event tonight, the 27th at 8:30 p.m. eastern, 530 Pacific. If you're a few days late, be sure to watch the replay soon. register@webinars.com to have a chance at putting some new Build Florida Income property in your portfolio. Keith Weinhold (00:41:00) - Until next week, I'm your host, Keith Winfield. Don't quit your day dream. Speaker 5 (00:41:08) - Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get Rich education LLC exclusively. Keith Weinhold (00:41:36) - The preceding program was brought to you by your home for wealth building. Get rich education.
The recent increase in activists, commentators, and political leaders calling for a cease-fire or a pause in the Palestinian/Israeli war is addressed by ordained minister Dr. Dennis Hall. He begins the podcast by discussing the international humanitarian laws known as the Geneva Conventions. These laws protect civilians, medical personnel, injured soldiers, and prisoners of war. The ideas that undergird the Geneva Conventions can be traced back to the writings of St. Augustine who lived in the fourth century. These ideas are known as the just war theory. The most common justification for war is the crime of aggression, and leaders of nations have a responsibility to protect their citizens from barbaric aggression. Just war theory also includes the principles that must be followed during a war. Conventionally, this has been understood to mean that only enemy combatants may be targets and that civilians must never be intentionally harmed. The concept known as Proportionally of Means is analyzed. This concept means that a military response to an attack should not be more than is necessary to right the wrong. Dr. Hall points out that the Bible makes it very clear that God is not opposed to killing and that since he and Jesus are one it eliminates the argument that Jesus is opposed to war and killing. The Bible makes it clear that governments are established to punish those who do evil. It has been said that there are many reasons for war. Imperialism. Financial gain. Religion. Feuds. And racial arrogance. But God condones war in response to wickedness. Dr. Hall concludes this podcast by asking the listeners to pray for godly wisdom for leaders, for a quick solution to the conflict and a minimum of casualties among civilians on both sides. Can also be seen on YouTube at: https://youtu.be/v9LRVLcP35M
The Michael Yardney Podcast | Property Investment, Success & Money
A property's value is typically divided into two components: the land value and the value of any improvements, such as the dwelling. Conventionally, land tends to appreciate over time, while buildings are said to depreciate as they get older and suffer more wear and tear. However, the rise in construction costs poses an interesting question: what impact do rising construction costs have? In today's episode, Stuart Wemyss and I discuss the ramifications of soaring construction costs on property investment. We cover the challenging landscape of the property market, focusing on aspects like renovations, investment locations, and the power of a positive mindset. From analyzing historical trends of construction costs outpacing inflation to discussing strategies for creating intergenerational wealth, Stuart's insights provide an in-depth exploration of property investment in the face of rising construction costs. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: How should rising construction costs impact your property investment decisions? With Stuart Wemyss
Welcome to Harry Potter Theory. Today we're discussing Dumbledore, Voldemort, and the Elder Wand. More specifically- we're going to be discussing a popular fan theory which suggests that Dumbledore was never the TRUE owner of the elder wand. The Elder wand was the first hallow created, made by Death himself, and it was said to be the most powerful wand that ever existed. The Elder Wand is made of elder wood, and it's core is the tail hair of a Thestral. It's 15” long and has carvings down its length that resemble clusters of elderberries. With the elder wand, witches and wizards have historically been able to produce intensely powerful magic that others could only dream of. Some magic is actually altogether impossible without the Elder Wand- including things like mending other wands. We see this powerful artefact pass hands on numerous occasions throughout the Harry Potter story- and its ‘ownership' is of utmost importance to the plot. After all, it's the ownership of the Elder Wand that eventually allows Harry to defeat Voldemort- firing his own killing curse right back at him. But before Harry became it's owner in his final showdown with Voldemort at the end of the Deathly Hallows- who were the true owners? Conventionally it is believed that Dumbledore was the owner, followed by Draco who disarmed Dumbledore, followed by Harry who disarmed Draco. But one popular fan theory suggests that Dumbledore was never the true owner at all. So where does that leave us? The main driver behind the theory is HOW the wand actually changes ownership. Conventionally it is believed that a witch or wizard can only become the true master of the wand if they ‘best' the previous owner. But what does ‘best' mean? While it was originally suggested that ‘besting' a wizard meant defeating them, the Harry Potter story seemed to suggest later on that ‘besting' can include an act as simple as disarming- i.e Draco with Dumbledore. But, is that true? The theory in question suggests that … Learn more about your ad choices. Visit megaphone.fm/adchoices
Hey there, future real estate moguls! Are you ready to dive into the exciting world of real estate investment? Well, you're in the right place because today, we've got something special lined up for you. We're going to unlock the secrets of real estate investing and share seven unbelievable tips for beginners to get you started on your journey to financial freedom. So, stick around because you won't want to miss this! --> READ THE BLOG POST HERE https://myempirepro.com/blog/real-estate-investment-for-beginners --> WATCH VIDEO VERSION HERE https://youtu.be/BcK5uKZeeOs Real estate investment might seem like a daunting endeavor, but it doesn't have to be. Whether you're looking to generate monthly cash flow or build long-term wealth, real estate can be an excellent avenue for investment. In this video, we'll break down the basics of real estate investing and provide you with seven valuable tips to get started on the right foot. At its core, real estate investing is a way to grow your wealth in a manner that often outpaces the effects of inflation. While your regular job provides income, real estate investments can offer appreciation and income simultaneously. Before we dive into the tips, let's first understand why investing in real estate is a smart move. While there are many reasons, two primary motivations are cash flow and wealth building. 8 Benefits of Real Estate Investing: Benefit Number 1 of 8. Steady Cash Flow Real estate can provide a consistent stream of rental income, offering financial stability and covering ongoing expenses. Benefit Number 2 of 8. Long-Term Wealth Building Over time, real estate properties tend to appreciate in value, allowing investors to build substantial equity and long-term wealth. According to the Federal Housing Finance Agency (FHFA), the average U.S. home value has increased at an annual rate of 4.3% since 1991. Notably, in areas like San Francisco, median home values have surged by an annual rate of 10.5% since 1991. For instance, a $200,000 investment in a home in 1991 would have appreciated to over $600,000 by 2023. Real estate investors can build equity as they make mortgage payments. For example, a buyer who purchased a $200,000 home with a 20% down payment would accumulate $160,000 in equity after making 20% of their mortgage payments. This equity can be leveraged for other investments or financial goals. Location, with properties near schools, jobs, and amenities tending to appreciate faster. Demand, where high demand relative to supply drives up prices. Supply, with limited availability often leading to price increases. Economic conditions, as periods of growth generally boost real estate prices. The Case-Shiller U.S. National Home Price Index reveals a historical annual appreciation rate of approximately 3-5% for residential real estate in the U.S. The Federal Reserve's Survey of Consumer Finances underscores that most Americans accumulate significant wealth through home equity, which appreciates over time. Data from the National Council of Real Estate Investment Fiduciaries (NCREIF) demonstrates that commercial real estate investments have consistently delivered robust returns, often surpassing stocks and bonds. Rental income from residential properties in the U.S. surpassed $500 billion in 2019, providing a reliable source of cash flow. Homeowners can amass substantial equity over time through mortgage payments and property value appreciation. The Joint Center for Housing Studies of Harvard University reports a median increase of $40,000 in homeowner equity from 2013 to 2018. Benefit Number 3 of 8. Diversification: Real estate investments can diversify your portfolio, reducing risk by spreading your assets across different asset classes. Benefit Number 4 of 8. Tax Advantages: Real estate investors can benefit from various tax deductions, such as mortgage interest and property depreciation, which can reduce their overall tax liability. Benefit Number 5 of 8. Tangible Asset: Unlike some other investments, real estate provides a tangible asset that you can see and touch, adding a sense of security. Benefit Number 6. Inflation Hedge: Real estate often keeps pace with or outpaces inflation, preserving your purchasing power over time. Benefit Number 7 of 8. Control: Real estate investments offer a level of control, allowing you to make decisions about property management, improvements, and rental terms. Benefit Number 8 of 8. Passive Income: When managed properly, rental properties can generate passive income, allowing you to earn money without actively working for it. Real estate offers a unique combination of stability and profit potential that makes it appealing to both seasoned investors and beginners alike. 7 Types of Real Estate Investments Now, let's explore the different types of real estate investments you can consider: Real Estate Investments Type 1 of 7. Buy and Hold: This strategy involves purchasing properties for the purpose of generating monthly cash flow and building equity over time. Real Estate Investments Type 2 of 7. Flipping: Flipping is all about buying distressed properties, renovating them, and selling them for a profit within a relatively short time frame, typically six months to a year. Real Estate Investments Type 3 of 7. Wholesaling: As a wholesaler, you'll identify great real estate deals and pass them on to investors who have the resources to acquire them, earning a fee for your efforts. Real Estate Investments Type 4 of 7. Real Estate Investment Trusts (REITs): These are companies that own, operate, or finance income-producing real estate. Investing in REITs allows you to own a share of various real estate properties without directly owning them. Real Estate Investments Type 5 of 7. House Hacking: This strategy involves purchasing a multi-family home, living in one of the units, and renting out the others to cover your living expenses. Real Estate Investments Type 6 of 7. Short-Term Rentals: With platforms like AirBnB, you can profit from renting out your property on a short-term basis to travelers and tourists. Real Estate Investments Type 7 of 7. Creative Financing: This category includes various creative methods like lease options and seller financing to acquire real estate without a traditional mortgage. Finding the right investment property is crucial. You'll want to consider factors like location, property condition, market trends, and potential for future growth. Local real estate agents and online resources can be valuable tools in your search. But in this time and age, AI and data driven platforms such as www.EmpireBIGData.com makes it super simple to assess and analyze all these factors in one click. Financing your real estate investment can be done through various means. These include traditional mortgages, hard money loans, private investors, and even your own savings. Conventionally, mortgages and cash might be your first thought of a funding source. But there are many other creative options that we will continue to discuss. Managing a rental property involves handling tenants, maintenance, and finances. You can choose to do this yourself or hire a property management company to handle these tasks for you. When you do get to this level, it's better to structure the cost of property management into your deals. Profits in real estate can come from rental income, property appreciation, and strategic buying and selling. It's important to have a clear plan and understand how your chosen investment strategy generates income. Different strategies for real estate investing suit different goals. Evaluate your objectives and risk tolerance to determine which approach aligns best with your financial aspirations. Finally, here are 7 tips to guide you on your real estate investment journey: Tip Number 1 of 7. Do Your Research: Knowledge is power in real estate. Take the time to learn about the market, property types, and investment strategies before jumping in. Tip Number 2 of 7. Exit Before Entry: Have a clear exit strategy in place before making an investment. Knowing how you'll profit or mitigate losses is essential. Tip Number 3 of 7. Learn How to Find Deals: Understanding how to identify great deals is a skill that can set you up for success. Networking, online listings, and real estate clubs can be helpful resources. And again, AI and data driven platforms such as www.EmpireBIGData.com makes it super simple to assess and analyze all these factors in one click. Tip Number 4 of 7. Learn How to Fund Deals: Explore various financing options and understand the pros and cons of each. Being well-financed is crucial for your real estate ventures. Tip Number 5 of 7. Real Estate Agents Are Overrated: While real estate agents can be helpful, they aren't always necessary, especially in the age of online listings. Don't hesitate to explore properties independently. Tip Number 6 of 7. Be Patient: Real estate investments may take time to yield significant returns. Avoid impulsive decisions and focus on the long-term gains. Tip Number 7 of 7. Don't Overextend Yourself: Avoid over-leveraging or investing beyond your means. Responsible financial management is key to a successful real estate journey. Saving such people was responsible for my first fleet of real estate success I enjoyed as a beginner in my first 3 years. Real estate investment offers substantial rewards, such as generating income, building wealth, and providing a hedge against inflation. However, it also carries risks that must be carefully managed. Education and experience are your allies in navigating the world of real estate investing. Now, here's your mission: Hit the like, share, and subscribe button in order to be notified of the next video. I've got a burning question for you – have you dipped your toes into the world of real estate yet? What phase are you in... Beginner, Intermediate... How many deals have you done? We'd love to hear from you! Drop a comment down below, and let's start a conversation. Your insights could be the inspiration someone needs to kickstart their own real estate journey. If you got value from this video, you'll definitely like the one that just popped on the screen. Join me on the next video. #realestate #money #investing
There is definintely not enough time in this episode for us to go through all the men in our lists. BUT lets start with this.
In Buddhism, the concept of "emptiness" (Sunyata) is a fundamental teaching that refers to the absence of inherent existence or independent selfhood. All things, including our self, are empty of inherent existence. The notion of a fixed, permanent, and independent self is an illusion. The concept of emptiness is closely associated with the teaching of dependent origination (Pratityasamutpada), which explains that all phenomena arise and exist dependently on other factors. In other words, everything in existence is interdependent and lacks a separate, inherent essence. When applied to the self, emptiness suggests that there is no autonomous, enduring self that exists apart from the ever-changing and interconnected nature of phenomena. Instead, the self is regarded as a fluid, composite entity, constantly influenced and shaped by various causes and conditions. Belief in a substantial, inherently existing self leads to attachment, craving, and suffering. It is a form of ignorance (avidya) that obscures the true nature of reality. By understanding emptiness of the self, one can overcome attachment, cultivate wisdom, and ultimately attain liberation from the cycle of suffering (Samsara). It is important to note that emptiness does not imply nihilism or the non-existence of the self. Rather, it emphasizes the lack of inherent, independent existence. The self does exist conventionally; it is a conventional designation. Understanding conventional truth, we see how labeling all the things in our world allow us to interact with each other and do things. The self we relate to is a product of interdependent causes—always changing—rather than an enduring, fixed entity. Conventionally we do function in certain ways. Actions of body, speech and mind are generally beneficial, neutral, or harmful. Most actions are neutral: breathing, brushing our hair, driving unless we're cutting someone off or something. If most of our actions are beneficial or neutral, that would cause people to label us as a good person. If a person does profoundly harmful things to others, with few good actions and many neutral actions, people would probably label them a bad person. Someone who frequently steals or physically abuses their partner, for example, might be labeled a bad actor who needs to be off the streets. But if that same bad actor turned his life around and started performing many good and beneficial actions while stopping their harmful actions, they would then be labeled a good person. Labels like good and bad are not stuck to a person, they aren't inherent, because the way a person functions changes. All the labels we've been called from “hardworking” to “angry” only exist for as long as we function in a way that supports that label. We can change. We aren't inherently anything. A blade can be used to kill someone in anger, then it's a weapon, or it can be used as a tool to cook a nutritious meal. The blade could be a surgical instrument to remove a tumor. Whether we call it a weapon or a tool for good depends on how it is used. That is the same with our body and minds. Do we mainly use our speech as a tool for good or a weapon? Because we are an empty self, we can change and function in any way we choose. By changing certain ways we function, we will be able to let go of painful labels and exist in more healthy ways. To look honestly at ways we are functioning that harm ourselves or others requires compassion for ourselves. Compassion is the wish that someone doesn't suffer, and it is a warm, loving mind. Practicing this self compassion helps us to see that we are a Buddha in the making, currently caught in the thorns of anger, attachment, and ignorance. Rather than grasping at our deficiency, we try to develop the compassion that sees our limitations as temporary. In fact, we simply need to create the causes to experience the permanent peace and bliss of enlightenment. Buddha taught that for all beings, our destiny is enlightenment. Anyone who doesn't cherish as “mine” Anything of body-and-mind And who doesn't grieve for that which doesn't exist, Is indeed called a bhikkhu. (367)* --Buddha, The Dhammapada References and Links Buddha.The Dhammapada. Translated by Gil Fronsdale. (Kindle). Shambala, Boston and London, 2011, pp. 78 (Link) Buddha (1986).The Dhammapada: Verses and Stories. Translated by Daw Mya Tin, M.A. (Website). Edited by Editorial Committee, Burma Tipitaka Association Rangoon. Courtesy .of Nibbana.com. For free distribution only, as a gift of dhamma. https://www.tipitaka.net/tipitaka/dhp/verseload.php?verse=367
In this quick take we consider the virtues and potential detriments of saving money. A key principle to have success in becoming your own banker is to not be afraid to capitalize! It is critical! At the same time there are parables of warning about people who bury their money. Conventionally, financial guru's say: “savers are losers”, “save an emergency fund”, etc. My question: What if you could capitalize your money with compound interest your whole life and still access it for use at the same time? Become your own banker. If you have any topics you'd like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash's book Becoming Your Own Banker, please contact us at: https://linktr.ee/durhamtalents Email: durhamtalents@gmail.com Phone: 828-817-4223 All content on this channel is for informational purposes only. Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.
Conventionally trained cardiologist turned holistic practitioner, Dr. Jack Wolfson shares his journey and philosophies about natural health. In this episode, he takes the hot seat in an interview on Boundless Body Radio to discuss the importance of eating, living, and thinking well to achieve true health. He dives deep into controversial topics of big corporations influencing nutritional guidelines, medical treatment, and why they don't want you to get better. Full of truth and wisdom about health, Dr. Jack Wolfson gives a great interview that will have you rethinking our systems and what we were taught. Love the show? Subscribe, rate, review, and share! https://naturalheartdoctor.com/
For as long as the concept of love has existed, so has the concept of heartbreak. A breakup brings with it a myriad of emotions; rawest of them all being grief. Conventionally, the word grief may be strongly associated with death but it is also a significant part of breakups. A breakup signifies loss. The loss of companionship and expectations about the future. The ‘heartbreak syndrome', states that grief after a breakup is akin to grief associated with death. A breakup can mimic feelings of bereavement such as intense sadness and intrusive thoughts. Drawing on these similarities, it wouldn't be too far-fetched to apply the stages of grief to a breakup. Tune in and lean how to recover from a break up!
For as long as the concept of love has existed, so has the concept of heartbreak. A breakup brings with it a myriad of emotions; rawest of them all being grief. Conventionally, the word grief may be strongly associated with death but it is also a significant part of breakups. A breakup signifies loss. The loss of companionship and expectations about the future. The ‘heartbreak syndrome', states that grief after a breakup is akin to grief associated with death. A breakup can mimic feelings of bereavement such as intense sadness and intrusive thoughts. Drawing on these similarities, it wouldn't be too far-fetched to apply the stages of grief to a breakup. Tune in and lean how to recover from a break up!
Learn how to harvest equity without giving up your low, fixed-rate mortgage. Today, I discuss: conventional loans for single-family rentals, DTI, refinancing, accessing equity, student loan debt, and down payment requirements for income properties with Ridge Lending Group President, Caeli Ridge. Learn what's better for a second mortgage—the pros and cons of a HELOC vs. Home Equity Loan. You also get a mortgage market overview. We discuss changes in cash-out refinance seasoning requirements. Caeli also describes where she believes mortgage rates are headed later this year. Resources mentioned: Show Notes: www.GetRichEducation.com/447 Ridge Lending Group: www.RidgeLendingGroup.com info@ridgelendinggroup.com Join us for tomorrow's free GRE Florida properties webinar: www.GREwebinars.com Ridge's All-In-One Loan Simulator: https://ridgelendinggroup.com/aio-simulator/ Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Find cash-flowing Jacksonville property at: www.JWBrealestate.com/GRE Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” Top Properties & Providers: GREmarketplace.com Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free—text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold Speaker 0 (00:00:00) - Welcome to GRE! I'm your host Keith Weinhold. You can get a conventional loan for a single family rental with less than a 20% down payment. Learn why you might want to refinance today. Even though mortgage rates aren't as low as they were a couple years ago, how do you qualify for loans if you've already got student loan debt? All things mortgages and financing today on Get Rich Education, Speaker 2 (00:00:29) - You are listening to the show that has created more financial freedom than nearly any show in the world. This is Get Rich Education. Speaker 0 (00:00:52) - Welcome to GRE from K Patis North Carolina to Hattiesburg, Mississippi and across 188 nations worldwide. I'm Keith Weinhold. This is Get Rich Education, the voice of real estate investing since 2014. Before we get into a great education on all things mortgages today, there is still a little bit of time left for you to join us on tomorrow night's G R E Live event. You can join us from the comfort of your own home. This is for new build single family rentals, opt to four plexes in Jacksonville, Ocala, and elsewhere in Florida. Purchase prices are still below 300 K on the single families. Yes, still in the two hundreds in some cases. I don't know how long that can last. Yeah, these are the property types that are quickly vanishing. Our investment coach Naresh Stars in that event tomorrow, he finds you the good deals with the national providers that are actually giving incentives despite the fact that the product that you're buying is in really short supplies. Speaker 0 (00:01:59) - You're gonna get a good, solid, fundamental education on what makes a durable income property market and a arrest in the Florida provider are going to share with us just for webinar attendees. Those even better than two and two incentives. Yes, for you, the incentives on the webinar are even better than that 2% of your purchase price paid do you in closing costs cash and 2% of free property management. It is going to be even better than that. That's gonna be rolled out tomorrow night, May 2nd at 8:30 PM Eastern, 5:30 PM Pacific. It is free to attend. You can ask questions live, get your questions answered and get access to the actual properties should you so choose. That is the final reminder. So if that's of any interest to you, be sure to sign up now@grewebinars.com. I'm coming to you from the Mojave Desert today here in metro Las Vegas. Speaker 0 (00:03:04) - It's Henderson Nevada. To be technical next week I'll bring you the show from Phoenix, Arizona. And you know what? It's kind of funny. Sometimes you hear people refer to this general area of the nation this southwest and they say they are going to the desert if they were doing what I'm doing. Well this unrepentant geography nerd will clarify that it is the deserts plural. Yes, Las Vegas is in the Mojave Desert in Phoenix is in the Sonora Desert. There are differences in vegetation type and others that distinguish the two. And the most obvious difference perhaps is the presence of the big iconic Saguaro cactus down in the Sonora that you don't find up here in the more northerly Mojave and perhaps the Joshua tree is the more distinct plant type here in the Mojave. Yes, we're talking about two gigantic pieces of real estate here. Much of it is baron. Two disparate deserts with their own distinctive flora and fauna. As you're about to learn about financing real estate today, let's remember that there is a cash out refinance and then generally if you're performing a refinance without pulling cash out, that is known as a rate and term refinance. Let's get into it. Speaker 0 (00:04:30) - Well hey, well how do you qualify for more mortgage loans at the lowest interest rate available, Americans have near record equity levels in their homes. What's the best way to access that equity yet keep your low mortgage rate in place? And what about your student loan debt and how that factors into you getting a mortgage or getting a refinance? We're answering all that today with a GRE regular guest and though it's her first appearance back on the show this year, it's the return of the company president that's created more financial freedom through real estate than any other lender in the entire nation, Ridge Lending Group. It's time for a big welcome back to Caeli Ridge. Speaker 3 (00:05:08) - Keith Wein. Hold. Thank you. You flatter me sir. I appreciate it. Love being here with you and for your listeners. Speaker 0 (00:05:14) - Well yes, the president is back and everyone loves this type of president because it's not about being a Democrat or Republican. So hail to the chief, great to have you here. And Jaylee mortgage rates, they have settled down a good bit from their recent highs now they peaked back in the fall of last year. So with that and some of the other things in mind, why don't you talk to us about the big picture first, sort of your mortgage market overview. Speaker 3 (00:05:40) - Interest rates is always top of mind for everybody. I think they're doing pretty well. I do believe I've been sharing with our listeners and and my clients on a day-to-day. I do believe that rates will continue to kind of increase here and there. There's gonna be some ups and downs. Of course the Fed has been very clear with us. Jerome Powell is gonna continue to raise the Fed fund rate just for anybody that doesn't know the two between a mortgage rate and a Fed fund rate while connected, not the same thing. So when they raise that does not automatically mean that we see the increase on the the 30 year mortgage bonds. I think that that's gonna continue to happen, but I think the pace in which it happens or continues to happen is gonna be a lot less aggressive. So I think that's gonna bode well overall. Speaker 3 (00:06:21) - For interest rates. I know everybody is very, very interested in in are they going up, are they going down, when are they going up, when are they going down? I think that we'll continue to see a little bit of upward movement. I think it's gonna be sometime next year that we start to see interest rates come back down in any meaningful way. And remember gang rates go up much, much faster than they come back down unfortunately. So I think we've got a little bit of way to go. But I'm always the one saying, Keith, you and I have talked about this, um, many, many times you must be doing the math and that the rate as a function of the return of the investment isn't the most important thing. So I'll leave it there for rates. Otherwise, I think that the industry is doing really, really well. Speaker 3 (00:06:58) - One big announcement that we had this year was that Fannie and Freddie both have extended the seasoning period of time to where a cash out refinance when leverage was used to acquire is applicable. So now you have to wait 12 months to pull, to pull cash out of a property using the A R V that after repair value if you use leverage to acquire the property. Quick distinction because this has been confused. If you paid cash for the property, your source and season funds, that still falls under what's called the delayed cash out refi and no seasoning is required. It's only when leverage was used to acquire the property and then they're trying to use an after repair value to pull cash out in hand. Is that 12 month seasoning rate and term is different. So that doesn't apply either. Speaker 0 (00:07:45) - Okay. So if you make a purchase and then say it less than 12 months down the road, you want to do a refi but not pull cash out, is that still all right? Speaker 3 (00:07:55) - That's absolutely fine. No seasoning is required and we can use the arv. It's only when you want cash in your hand that that 12 months is is applicable. Speaker 0 (00:08:04) - Got it. Okay. That's really helpful to know. Just big picture before we winnow down, are there any other big substantial mortgage stories out there that some should know about? Um, it was only a couple weeks ago, there was a lot of misinformation going around on TikTok and elsewhere about 40 year loans from F H A without people understanding that's just for loan modifications and really other stories like that. Any other big picture things where you can help us see what's happening? Speaker 3 (00:08:30) - It seems to be par for for the course? I have not. There's nothing that's come across my desk that I would say was newsworthy or noteworthy to share. I think we've got more to unpack here than any of that. Speaker 0 (00:08:40) - Yeah and things sure are picking up here around G R e. People wanna buy more properties this year. It really slowed down toward the end of last year, right about when the mortgage rates were at their peak. So when we talk about getting loans, we think about leverage. Leverage is created with debt. Has anything changed with the down payment requirements for an income property? And we're largely here in today's discussion talking about one to four unit income properties. Properties that you don't live in yourself, Speaker 3 (00:09:08) - Correct down payments have have remained the same. There isn't been anything that has changed there. Just to reiterate, for those that may not be aware on a single family residence, conventionally 85% loan to value is applicable. You can leverage all the way up to 85, you're putting 15% down. Keep in mind everybody that that will have pmi, private mortgage insurance attached to it, I would have you look at them side by side. The PMI factors actually pretty low and depending on the loan size it may only be 20, 30 bucks a month. So if you're able to leverage extra, it may make sense. You're gonna have to look at the numbers so that single family and then two to four unit on a purchase transaction different on a refinance transaction but purchase is 25% down or 75% leverage is required for those duplex, triplex, fourplexes. Speaker 0 (00:09:54) - Okay, so as little as 15% down on a rental single family home. So you're getting up to six to one, seven to one leverage in that case. Sheila, do you find very many people doing that or would they rather pay the 20% down for a rental single family home and not have the pmi? Speaker 3 (00:10:10) - I find that right now I think that it's less common than maybe it was because interest rates are up from where they were, uh, a year, year and a half ago. So more often than not we see the 20% down. But I still think it's worth looking at. I mean you're never gonna know unless you run the numbers right side by side. Speaker 0 (00:10:25) - Okay, so we're thinking about how much cash we have to have put aside for a down payment in closing costs. And one thing that we need to do in order to qualify for that loan in the first place of course is some people get hung up on the dti, their debt to income ratio is too high to qualify for property and chaley. Over the past few months I've had a few listeners write in with questions and I thought, well I'll say that question until we have chale on again. And one of them really has to do with student loan debt. Student loan debt often contributes to one having too high of a debt to income ratio so that they didn't have to repay their loan. I know that Biden said that you wouldn't have to pay back student loan debt for a while, but can you talk to us specifically about student loan debt with D T I? Speaker 3 (00:11:06) - There's gonna be a few pieces to share with everybody depending on whether we're talking about Fannie Mae or Freddie Mac and we won't know who we're gonna end up selling to after the loan funds. And they have slightly different guidelines between the two of them. Similar. But there are some differences as it relates to student loan debt regardless of whether you're in deferment or you've been told that you don't have to repay. If it shows up on an individual's credit report, the calculation will be as follows. They're going to take the outstanding balance times 1%, that's Fannie Mae's rule or the outstanding balance times half a percent. That's Freddie Mac rule and that will be the payment that we include in the debt to income ratio. Uh, I'll mention that the all-in one, which is a very popular loan right now. First Lean HeLOCK, maybe we'll talk about that here today. They will defer to Fannie rules so it'll be 1% of the outstanding debt pulling on the credit report even if it shows a zero payment listed. Now there is one caveat, if the individual has a letter, this happened maybe in the last six months and I'm trying to think about, there was a title, it's pretty rare. But if they're able to gain access to documentation that specifies that they are not going to have to repay that debt and we can take that documentation, then we can zero out that payment in the D T I. Speaker 0 (00:12:22) - Alright, there's some strategies for how you can approach D T I with respect to any student loan debt that you have and what is the maximum D T I that a borrower can have? Speaker 3 (00:12:34) - Conventionally and non qm, you're gonna get to 50% debt to income ratio for the all-in-one since we just touched on it, 43% is the absolute max. Speaker 0 (00:12:43) - Okay. And on prior shows, Chile and I have discussed specifically with examples just how that D T I is calculated. If you're wondering, you can hear that in some past episodes Chile one one goes ahead and they continue to add income properties to their portfolio. Often I recommend that one does that with high leverage but not over leverage. How does one keep their D T I ratio down over time as they continue to add properties so that they can qualify for more properties in the future? Is there a good strategy for that? Speaker 3 (00:13:14) - There is, and it's such a good question because as investors, right, our qualification primers are not static. They're going to change over time as we buy and sell and refinance. So it's very, very important, especially with the debt to income ratio that we're keeping an eye on it. And there's a few ways in which you can kind of strategize or optimize that D T I. The first is going to be the Schedule E, okay? The Schedule E is where all the rental properties are going to live once you've filed the annual tax return. The easiest way for the time that we have here today, Keith, is gonna be to tell the listeners, send us your draft returns. So on an ongoing basis we tell our active clients do not file federal tax returns until you send us the draft. We're going to run that draft through the pre-formulated calculation that comes straight from Fannie, Freddie and then we're gonna provide you with some feedback, one of which may be Mr. Speaker 3 (00:14:03) - Jones, you forgot to include your insurance as a deduction and that's actually an add back that's gonna be to your disadvantage. Make sure that you put that in there. You didn't claim the full number of days of income for the property, you forgot to put depreciation on there. That's also an add back. There's a whole slew of things that we can look at and look for and give the individual that feedback so that they are filing at that optimal way while maintaining what the maximized tax credits are, right? There's a nice balance there. The more aggressive you are with the tax deductions, the more it can impact the D T I. So we wanna have eyes on that and work closely with the client and or their CPA is a very common part of what we do. So schedule E a little more complicated, that would be one of the the ways in which we wanna maximize debt to income ratio. Speaker 3 (00:14:45) - Obviously not obtaining new debt, new consumer debt is is not gonna be to our advantage, right? We don't want more liability than we have income. Another thing is, is that when we talk about credit and a lot of clients that we talk to, they pay their credit cards off monthly, right? Maybe they charge up five grand, eight grand, 10 grand, they get a miles or whatever it is. It's very important to communicate with us to find out when in the month we wanna strategically pull the credit. Because what will happen is is that the day in which we take that snapshot, if there's a minimum payment due, a balance with a minimum payment, that minimum payment will be used in the individual's debt to income ratio regardless of whether they're gonna pay it off at the end of the month. That doesn't matter to us. Speaker 3 (00:15:26) - There's a payment here, we gotta hit you for it. So strategizing on the day in which we wanna run credit might be another helpful way for D T I. And then finally, and there's probably a few other things, but I think high use would be, I don't like the shorter term amortizations. I think this is something else you and I have talked about many times, Keith, where people wanna pay off quicker, which is great if that's really what they wanna do, that's perfectly fine. I'm not sure that that would be my strategy, but whatever. Don't get yourself into a 15 year fixed mortgage because it's only gonna jack that payment. It's gonna really increase that payment. It's ultimately going to, for long-term optimization, hurt your D T I. You can do the same thing with a 30 year mortgage and not pay extra interest by accelerating the debt if that's what you chose. So those would be the the few things I'd comment on Speaker 0 (00:16:10) - 100%. And for you the listener and viewer right now with what you just heard from chaley, you can begin to understand the value of working with a lender that works specific with income property investors rather than those lenders that are more geared toward primary residents, borrowers. Nothing wrong with them but they're in their lane during their thing. And you can understand why Chaley over there at Ridge is really a specialist to help you qualifying for as many income property loans as you possibly can and optimizing those loans as well. Chaley, when we talk about interest rates, oftentimes it's of interest to people to look at what are refinance interest rates like versus new purchase interest rates. Speaker 3 (00:16:54) - I would say on average there's a variety of of variables that dictate what the rate is gonna be. Okay? I talk about this a lot. They're called LPAs loan level price adjustments. And a loan level price adjustment is a positive or negative number that attaches to the characteristic of the loan transaction. So purchase or refi, hash out refi rate and term refi credit score has its own L L P A loan to value, loan size occupancy. All of these come with a positive or negative number attached to them as it relates to purchase versus refinance. Generally speaking, let's take a rate and term refi where you're not getting cash out, you're just maybe taking an arm and making it affix. You're taking a higher rate and making it lower, whatever, maybe about a half a point difference. So if a purchase was at six and a half, the re rate and term refinance might be at 6 75 or 7%, cash out's gonna be a little bit different. I would add a quarter point to that and then if, if it's a two to four unit, add another quarter point on top of that. So those variables do make a difference. Speaker 0 (00:17:53) - And maybe the listener might think, well why are you talking about refinancing at a time like this? If I wanted to refinance, I would've been more likely to do that about two years ago when mortgage rates read historic lows. But today Americans are sitting on near record equity, oftentimes it might be tied up in a low mortgage rate loan with that equity chaley. I talked to some people out there just lay people, people that aren't even investors and they have a big equity position with a really low mortgage interest rate loan and they seem to think that to refinance it, they would need to go ahead and refinance their entire mortgage and lose that maybe three or 4% loan, but they don't necessarily have to if they can do a second mortgage. So I guess really what I'm getting at and the question chaley is what is the best way to do a rate and term refi versus a cash out refi? And I know there are a lot of scenarios there. Speaker 3 (00:18:44) - Yeah, lots of scenarios. So to your point, it is not necessary to give up a very low fixed rate mortgage if you want to harvest some of that equity. The ways in which, and I'm gonna have a plug after this for the all in one, but I'll get to that cuz I'm just such a big fan. But the ways in which you can do that both for your primary residents, a second home and an investment will be through a second lien mortgage, whether it be a heloc, home equity line of credit or a he loan, the HE loan is applicable for the rental properties. I do not believe, I hope somebody can give me alternative information, but I do not believe you're able to find second lean HELOCs for rentals today. I feel like those have really dried up if they're out there, the ones that I know of that used to do them are not doing them anymore. Speaker 3 (00:19:27) - If they're out there and anyone's listening to this, somebody please let me know. Keylock for rental probably not an option. He loan for rental absolutely is an option. And this is guys a fixed rate mortgage in second lean position, just like your 30 year fixed first, this will be a 30 year fixed second interest rates are gonna be higher. And since we were talking about interest rates, I'm gonna say that they're probably anywhere from 10 to 13%, but they're smaller amounts. C L T V combined loan to value for a he loan on a rental would be 85% is what we have access to. So as quick math guys, if you have a value of a home of a hundred thousand and you owe on your first mortgage 50,000, the CLTV would be 85% of a hundred. So 85,000 minus the 50001st, which stays in place, you'd have access to about 35,000 in that example. And that would be access to rental properties that you just do not want to mess with that first lien mortgage different for owner-occupied. And I'll take your queue on when you want me to get into that. Speaker 0 (00:20:26) - Yeah. Okay. So we are just talking about income property second mortgages there. Tell us about primary residences. Speaker 3 (00:20:32) - So primary and secondary should be in the same bucket. You can leverage just 90% C L T B, same math as before but up to 90% And these are gonna be, you have HeLOCK and he loan. I'm gonna assume most people are gonna go for the HeLOCK, right? The open-ended revolving is definitely more attractive than a closed-ended fixed I believe in a second lien. And you know Prime is at eight I believe right now. Gosh, I should have checked before we go on, but I think Prime is sitting, it's an index. An indices like the Fed fund rate, that's an index two prime is at about eight. And then depending on the characteristics, those l LPAs that I mentioned, loan level price adjustments are gonna come up with a margin. Maybe it's 2% over prime or one or whatever it is depending on those things. So I would anticipate a HELOC and second lie position on a primary residence will be anywhere from eight to maybe 10%. More often than not is what you should expect. Interest only open-ended. Speaker 0 (00:21:24) - And on the second mortgages, whether that takes the form of a HELOC or a HE loan, how long is the initial fixed rate period? Typically Speaker 3 (00:21:32) - There are hybrids where you can fix in for a year or three years, et cetera. Those are available. I'm not sure that you wanna do that in a high rate environment. You probably wanna avoid any fixed rate right now if you had the option to get into it a couple of years ago, you're looking really good right now because you fixed in at at some ridiculously low rate for a period of two, three, maybe five years. I would tell people listening, fixing in on a HELOC right now is not gonna be your advantage when we believe that rates are gonna start coming down over the next year, et cetera. But for the HE loan, it's fixed for 30 years. Just like a 30 year fixed first lie mortgage, it's fixed, you have it four 30 years, it's amortized, it's closed ended. You're making your regular payments until you pay it off after the 30 year period of time. Speaker 0 (00:22:13) - We're talking about how you can more efficiently borrow in this environment where people and investors have high equity positions and we have hopefully come off the mortgage rate highs from late last year. You're listening to Get Risk Education. Our guest is Ridge Lending Group President Chaley Ridge Morton, we come back. I'm your host Keith White Hole with JWB Real Estate Capital. Jacksonville Real Estate has outperformed the stock market by 44% over the last 20 years. It's proven to be a more stable asset, especially during recessions. Their vertically integrated strategy has led to 79% more home price appreciation compared to the average Jacksonville investor. Since 2013, JWB is ready to help your money make money, and to make it easy for everyday investors, get started at jw b real estate.com/g rre. That's JWB real estate.com/g R E GRE listeners can't stop talking about their service from Ridge Lending Group and MLS 40 2056. They've provided our tribe with more loans than anyone. They're truly a top lender for beginners and veterans. It's where I go to get my own loans for single family rental property up to four plexes. So start your pre-qualification and you can chat with President Chaley Ridge personally. They'll even deliver your custom plan for growing your real estate portfolio. start@ridgelendinggroup.com. Speaker 4 (00:23:45) - This is Rich Dad sales advisor, Blair Singer, listen to Get Rich Education with Keith Wine Hold and above all don't quit your daydream. Speaker 1 (00:24:03) - Welcome Speaker 0 (00:24:04) - Back to Get Rich Education. We're learning about how to be a savvy borrower with President of Ridge Lending Group, Chaley Ridge and Chaley. One product you have there that's really flexible and has helped out so many people and helped save borrowers tens of thousands of dollars in interest or more is what's called your all in one loan. Tell us about it. Speaker 3 (00:24:25) - This is a first Lean HeLOCK everyone. I'm such a big fan, it's not for everybody, but for the right individual, I don't know that there is a loan product to rival it. It's got all the flexibility in the world and as Keith said, the mechanics of this and the concept of this arbitrage, it's called Velocity Banking, infinity Banking. If anybody's familiar with those terms, that's what this does. It allows you all the open flexibility to sort of become your own bank where you have this line of credit. It is a first lien line of credit. So let's take a a step back and talk about those low interest rates that everybody has secured over the last couple of years. We were very lucky to have to two and a half, 3% interest rates. And I'm constantly having this conversation and I'm really trying hard to dispel the psychology of you can never do better than that when it's just not the truth. Speaker 3 (00:25:14) - And mathematically you will be able to figure this out. I'm gonna plug our website here. There is an interactive simulator that will take you to the all-in-one simulator where you can compare your existing fixed first lien mortgage to the All in one and and the input data is very, very simple. No vials of blood here guys, but if the input is accurate, the results page will tell you very clearly if the all-in one will save interest and Trump over the 30 year fixed at two and a half or whatever it is, or if you're fixed rate mortgage is more to your advantage, it will be very clear there'll be no mistaking it from that. I think further conversations will be necessary for those that see some real value in the All In One. I won't go too far down that rabbit hole, it's a little bit more complicated than we probably have time for here. But the first Lean All In one is such a fantastic tool. I really encourage your listeners to go ahead and and check out at the very least the simulator and see how it applies to you. Speaker 0 (00:26:08) - The all-in one loan operates much like a first lien heloc. I don't think we have time to describe it all. Like you said, you do have the simulator there on your website@ridgelendinggroup.com where one could see if their existing mortgage it compares favorably or unfavorably to the all-in one loan. But as we know with the first lien heloc, therefore one feature of the All in one loan is the option, not obligation, but option of making interest-only payments to keep your payment down. Speaker 3 (00:26:34) - Yeah, this is where it gets a little bit tricky for some people when we start talking about payments FirstLine Open-ended HeLOCK, where it's called the All In one because you're replacing not only your mortgage with this revolving open-ended heloc, but also a checking and savings account and combining those two elements whereby simple depository income is being used at dollar for dollar driving down principle balance to save in daily interest accrual. I'm gonna give a quick example and then we can move on and, and I encourage everybody to do the simulator email us, let's talk through it. We'll take you by the hand. It's the learning curve's a little intense, it was even for me. But here's an example of velocity of money and kind of how the all-in-one works. So take a 30 year fixed mortgage and a 15 year fixed mortgage. Both of them started at $400,000 each. Speaker 3 (00:27:22) - You lock the 30 year at 4% and the 15 year was locked at 7%. Without exception, everybody runs to the 30 year at 4%. I would've done the same if I didn't know the math when in fact the reality is is that you will pay $40,000 more on that 4% 30 year than you would on the 7% 15 year because the amount of time that you're paying on that mortgage is greatly reduced. And that's, I guess a, an easy concept. It's a, the first step of trying to define this for most people, they can kind of see it in those terms because they understand the amortized mortgage. It's the amount of time that you are paying interest. So if you're utilizing your depository checking savings and your mortgage and all of that money is going in there month after month before it's going back out the door for whatever your living expenses are. And then whatever's left over is, is stays in there. 24 7 access. Nothing changes about your current banking techniques or or strategies. It's all the same. But now you're in control. You've become your own bank. It's amazing. I can't say enough about it Speaker 0 (00:28:24) - Talking about the all in one loan there. You sure can learn more from Ridge on that. Jaylee, is there really like anything else that I guess is noteworthy specifically in helping a borrower qualify for income property loans, maybe a common problem or a borrower hurdle that you see in there at Ridge? Speaker 3 (00:28:43) - I would just boil it down to education. Just lack of information. It's not dear Google stuff. The guidelines and what's available. All of these things are changing on a consistent basis that real-time information's not available to them. So if I had to pick one thing, I would just say education. And I'm very proud to say that we really focus on that. If there's a value add about Ridge, I think there's quite a few. But the one that I think sticks out for most people is the education that we provide to our investors and shining a light and giving them a look under the hood and what they need to know, teaching 'em how to optimize their qualifications and all of the stuff that we've been talking about here today. Speaker 0 (00:29:19) - Well that's a good point because when we talk about real estate investing, you're really, they're in one of the more dynamic and fast-changing parts of the industry as opposed to something like home construction where a lot of the methods haven't changed for 50 or more years, if you will. So yeah, it's really staying up and staying informed on that and engaging with a lot of the educational resources increasingly that Ridge has for you to help you stay on top of that as an income property bar yourself. And Shaley can tell us a bit more about that shortly. But why don't you tell us about all of the loan types, the mortgage products if you will, that you offer in there. Speaker 3 (00:29:52) - That's another great value add about us. We have a very diverse menu, if you will, of loan products that don't just start and stop with the conventional. We're not a one size fits all. So we've got the Fannie Freddy's, we talk about that a lot. Our all in one, my favorite. We have a very diverse non QM product line and for those that aren't familiar with that term, QM stands for Qualified Mortgage. Fannie Mae and Freddie Mac are the, uh, epitome the definition of what a qualified mortgage is. There's a whole definition we don't need to go into today, but, so everything outside of that QM is now non qm. And within non qm, like I said, extremely diverse. There's things called the debt service coverage ratio product where we're not showing borrower income, we're just looking at the properties income offset by the new mortgage payment. There's bank statement products. If you can't show tax returns, we're gonna take deposits and average them asset depletion. If you've got large self-directed ira, we can come up with an income calculation for that. The list goes on. We've got commercial products for commercial properties, but also for residential properties. Cross collateralization. It's pretty diverse. We have a lot for everybody. Speaker 0 (00:30:54) - When you excel in there, you've been such industry leaders at originating income property loans for investors were proportion of your businesses income property loans and what proportion is primary residence loans? Speaker 3 (00:31:06) - A lot of people don't realize we can do both and we do both very well. But I would say that it's probably 70 30 not owner-occupied. To owner-occupied. A large part of what we do is the investor loans. But most of our investor clients come to us for their primary needs too because we already have their life on file and, and can get that done very competitively Speaker 0 (00:31:24) - Too. , right? And you keep growing. You're in almost all 50 states now. Speaker 3 (00:31:27) - I know. Can you believe it? We're in 47 states. We're not in North Dakota, New York, or Vermont, otherwise we're everywhere. Speaker 0 (00:31:34) - Letter audience know how they can learn about your resources. Speaker 3 (00:31:37) - There's a couple ways to find us our website, ridge lending group.com. They can email us, info ridge linen group.com. Our toll free is 8 5 5 74 Ridge 8 5 5 7 4 7 4 3 4 3. And while you're on our website gang, uh, check us out on our community. I have a live event every Tuesday, one 30 Pacific, uh, four 30 Eastern. Uh, lots of good information register and it's free. Lots of good information and, and education like we've been talking about here. Hope to see you. Speaker 0 (00:32:05) - Oh, it's been a terrific and crucial mortgage market update. Chaley Ridge, thanks so much for coming back into the Speaker 3 (00:32:11) - Show. Thank you. Appreciate it. Speaker 0 (00:32:18) - Oh yeah, lots of good concise information there from Chaley. It's a type of content that can have you hitting the rewind button on your pod catcher at times. All right, so we learned that in a lot of scenarios there. Second, mortgages come with rather high interest rates that is prohibitive. But then on the other side, it's encouraging to learn, learn that on primary residences, for example, you can get up to 90% loaned value. That means you only need to keep 10% equity in your home. And as far as that all in one loan simulator, we'll put a link directly to that in the show notes for you. But like Chaley said, you might wanna reach out to them@ridgegroup.com and then they can help walk you through it. Thank you to Caeli for the generous contribution to your learning today. Until next week, I'm your host, Keith Weinhold. Don't quit your daydream. Speaker 5 (00:33:15) - Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business professional for individualized advice. Opinions of guests on their own information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of Get Rich Education L l C exclusively. Speaker 6 (00:33:43) - The preceding program was brought to you by your home for Wealth building. Get rich education.com.
Henry Shue is Professor Emeritus of Politics and International Relations at University of Oxford's Merton College. He's the author of Basic Rights, as well as The Pivotal Generation: Why We Have a Moral Responsibility to Slow Climate Change Right Now, among many other publications. In 1976, he co-founded the Institute for Philosophy and Public Policy at the University of Maryland. He was a supporter of the successful campaign by Virginia's Augusta County Alliance to stop the Atlantic Coast Pipeline, and now works primarily on explanations for the urgency of far more ambitious policies to eliminate fossil fuels in order to avoid irreversible damage for future generations.“These long-lived connections provide a radically different example of the insight from one of the characters created by my fellow Southerner William Faulkner: 'The past is never dead. It's not even past.'And similarly long chains reach from the present into the future. Conventionally, we tend to think that the future is yet to be born or is even only just beginning to be conceived. But the climate future was already beginning to take shape when humans started centuries ago to inject more carbon into the atmosphere than the usual climate dynamics could handle in the usual ways, and climate parameters were forced to start changing. The vast and accelerating carbon emissions of the late 20th century and the early 21st century are building minimum floors under the extent of climate change in future centuries, barring radically innovative corrections of kinds that may or may not be possible.[Timothy Mitchell has written:]'The modes of common life that have arisen largely within the last one hundred years, and whose intensity has accelerated only since 1945, are shaping the planet for the next one thousand years, and perhaps the next 50,000.' The future is not inaccessible – we hold its fundamental parameters in our hands, and we are shaping them now. In this respect, the future is not unborn–it's not even future.”– The Pivotal Generation: Why We Have a Moral Responsibility to Slow Climate Change Right Nowwww.merton.ox.ac.uk/people/professor-henry-shue https://press.princeton.edu/books/paperback/9780691202280/basic-rights https://press.princeton.edu/books/hardcover/9780691226248/the-pivotal-generationwww.creativeprocess.info www.oneplanetpodcast.orgIG www.instagram.com/creativeprocesspodcast
“These long-lived connections provide a radically different example of the insight from one of the characters created by my fellow Southerner William Faulkner: 'The past is never dead. It's not even past.'And similarly long chains reach from the present into the future. Conventionally, we tend to think that the future is yet to be born or is even only just beginning to be conceived. But the climate future was already beginning to take shape when humans started centuries ago to inject more carbon into the atmosphere than the usual climate dynamics could handle in the usual ways, and climate parameters were forced to start changing. The vast and accelerating carbon emissions of the late 20th century and the early 21st century are building minimum floors under the extent of climate change in future centuries, barring radically innovative corrections of kinds that may or may not be possible.[Timothy Mitchell has written:]'The modes of common life that have arisen largely within the last one hundred years, and whose intensity has accelerated only since 1945, are shaping the planet for the next one thousand years, and perhaps the next 50,000.' The future is not inaccessible – we hold its fundamental parameters in our hands, and we are shaping them now. In this respect, the future is not unborn–it's not even future.”– The Pivotal Generation: Why We Have a Moral Responsibility to Slow Climate Change Right NowHenry Shue is Professor Emeritus of Politics and International Relations at University of Oxford's Merton College. He's the author of Basic Rights, as well as The Pivotal Generation: Why We Have a Moral Responsibility to Slow Climate Change Right Now, among many other publications. In 1976, he co-founded the Institute for Philosophy and Public Policy at the University of Maryland. He was a supporter of the successful campaign by Virginia's Augusta County Alliance to stop the Atlantic Coast Pipeline, and now works primarily on explanations for the urgency of far more ambitious policies to eliminate fossil fuels in order to avoid irreversible damage for future generations.www.merton.ox.ac.uk/people/professor-henry-shue https://press.princeton.edu/books/paperback/9780691202280/basic-rights https://press.princeton.edu/books/hardcover/9780691226248/the-pivotal-generationwww.creativeprocess.info www.oneplanetpodcast.orgIG www.instagram.com/creativeprocesspodcast
Henry Shue is Professor Emeritus of Politics and International Relations at University of Oxford's Merton College. He's the author of Basic Rights, as well as The Pivotal Generation: Why We Have a Moral Responsibility to Slow Climate Change Right Now, among many other publications. In 1976, he co-founded the Institute for Philosophy and Public Policy at the University of Maryland. He was a supporter of the successful campaign by Virginia's Augusta County Alliance to stop the Atlantic Coast Pipeline, and now works primarily on explanations for the urgency of far more ambitious policies to eliminate fossil fuels in order to avoid irreversible damage for future generations.“These long-lived connections provide a radically different example of the insight from one of the characters created by my fellow Southerner William Faulkner: 'The past is never dead. It's not even past.'And similarly long chains reach from the present into the future. Conventionally, we tend to think that the future is yet to be born or is even only just beginning to be conceived. But the climate future was already beginning to take shape when humans started centuries ago to inject more carbon into the atmosphere than the usual climate dynamics could handle in the usual ways, and climate parameters were forced to start changing. The vast and accelerating carbon emissions of the late 20th century and the early 21st century are building minimum floors under the extent of climate change in future centuries, barring radically innovative corrections of kinds that may or may not be possible.[Timothy Mitchell has written:]'The modes of common life that have arisen largely within the last one hundred years, and whose intensity has accelerated only since 1945, are shaping the planet for the next one thousand years, and perhaps the next 50,000.' The future is not inaccessible – we hold its fundamental parameters in our hands, and we are shaping them now. In this respect, the future is not unborn–it's not even future.”– The Pivotal Generation: Why We Have a Moral Responsibility to Slow Climate Change Right Nowwww.merton.ox.ac.uk/people/professor-henry-shue https://press.princeton.edu/books/paperback/9780691202280/basic-rights https://press.princeton.edu/books/hardcover/9780691226248/the-pivotal-generationwww.creativeprocess.info www.oneplanetpodcast.orgIG www.instagram.com/creativeprocesspodcast
“These long-lived connections provide a radically different example of the insight from one of the characters created by my fellow Southerner William Faulkner: 'The past is never dead. It's not even past.'And similarly long chains reach from the present into the future. Conventionally, we tend to think that the future is yet to be born or is even only just beginning to be conceived. But the climate future was already beginning to take shape when humans started centuries ago to inject more carbon into the atmosphere than the usual climate dynamics could handle in the usual ways, and climate parameters were forced to start changing. The vast and accelerating carbon emissions of the late 20th century and the early 21st century are building minimum floors under the extent of climate change in future centuries, barring radically innovative corrections of kinds that may or may not be possible.[Timothy Mitchell has written:]'The modes of common life that have arisen largely within the last one hundred years, and whose intensity has accelerated only since 1945, are shaping the planet for the next one thousand years, and perhaps the next 50,000.' The future is not inaccessible – we hold its fundamental parameters in our hands, and we are shaping them now. In this respect, the future is not unborn–it's not even future.”– The Pivotal Generation: Why We Have a Moral Responsibility to Slow Climate Change Right NowHenry Shue is Professor Emeritus of Politics and International Relations at University of Oxford's Merton College. He's the author of Basic Rights, as well as The Pivotal Generation: Why We Have a Moral Responsibility to Slow Climate Change Right Now, among many other publications. In 1976, he co-founded the Institute for Philosophy and Public Policy at the University of Maryland. He was a supporter of the successful campaign by Virginia's Augusta County Alliance to stop the Atlantic Coast Pipeline, and now works primarily on explanations for the urgency of far more ambitious policies to eliminate fossil fuels in order to avoid irreversible damage for future generations.www.merton.ox.ac.uk/people/professor-henry-shue https://press.princeton.edu/books/paperback/9780691202280/basic-rights https://press.princeton.edu/books/hardcover/9780691226248/the-pivotal-generationwww.creativeprocess.info www.oneplanetpodcast.orgIG www.instagram.com/creativeprocesspodcast
Henry Shue is Professor Emeritus of Politics and International Relations at University of Oxford's Merton College. He's the author of Basic Rights, as well as The Pivotal Generation: Why We Have a Moral Responsibility to Slow Climate Change Right Now, among many other publications. In 1976, he co-founded the Institute for Philosophy and Public Policy at the University of Maryland. He was a supporter of the successful campaign by Virginia's Augusta County Alliance to stop the Atlantic Coast Pipeline, and now works primarily on explanations for the urgency of far more ambitious policies to eliminate fossil fuels in order to avoid irreversible damage for future generations.“These long-lived connections provide a radically different example of the insight from one of the characters created by my fellow Southerner William Faulkner: 'The past is never dead. It's not even past.'And similarly long chains reach from the present into the future. Conventionally, we tend to think that the future is yet to be born or is even only just beginning to be conceived. But the climate future was already beginning to take shape when humans started centuries ago to inject more carbon into the atmosphere than the usual climate dynamics could handle in the usual ways, and climate parameters were forced to start changing. The vast and accelerating carbon emissions of the late 20th century and the early 21st century are building minimum floors under the extent of climate change in future centuries, barring radically innovative corrections of kinds that may or may not be possible.[Timothy Mitchell has written:]'The modes of common life that have arisen largely within the last one hundred years, and whose intensity has accelerated only since 1945, are shaping the planet for the next one thousand years, and perhaps the next 50,000.' The future is not inaccessible – we hold its fundamental parameters in our hands, and we are shaping them now. In this respect, the future is not unborn–it's not even future.”– The Pivotal Generation: Why We Have a Moral Responsibility to Slow Climate Change Right Nowwww.merton.ox.ac.uk/people/professor-henry-shue https://press.princeton.edu/books/paperback/9780691202280/basic-rights https://press.princeton.edu/books/hardcover/9780691226248/the-pivotal-generationwww.creativeprocess.info www.oneplanetpodcast.orgIG www.instagram.com/creativeprocesspodcast
“These long-lived connections provide a radically different example of the insight from one of the characters created by my fellow Southerner William Faulkner: 'The past is never dead. It's not even past.'And similarly long chains reach from the present into the future. Conventionally, we tend to think that the future is yet to be born or is even only just beginning to be conceived. But the climate future was already beginning to take shape when humans started centuries ago to inject more carbon into the atmosphere than the usual climate dynamics could handle in the usual ways, and climate parameters were forced to start changing. The vast and accelerating carbon emissions of the late 20th century and the early 21st century are building minimum floors under the extent of climate change in future centuries, barring radically innovative corrections of kinds that may or may not be possible.[Timothy Mitchell has written:]'The modes of common life that have arisen largely within the last one hundred years, and whose intensity has accelerated only since 1945, are shaping the planet for the next one thousand years, and perhaps the next 50,000.' The future is not inaccessible – we hold its fundamental parameters in our hands, and we are shaping them now. In this respect, the future is not unborn–it's not even future.”– The Pivotal Generation: Why We Have a Moral Responsibility to Slow Climate Change Right NowHenry Shue is Professor Emeritus of Politics and International Relations at University of Oxford's Merton College. He's the author of Basic Rights, as well as The Pivotal Generation: Why We Have a Moral Responsibility to Slow Climate Change Right Now, among many other publications. In 1976, he co-founded the Institute for Philosophy and Public Policy at the University of Maryland. He was a supporter of the successful campaign by Virginia's Augusta County Alliance to stop the Atlantic Coast Pipeline, and now works primarily on explanations for the urgency of far more ambitious policies to eliminate fossil fuels in order to avoid irreversible damage for future generations.www.merton.ox.ac.uk/people/professor-henry-shue https://press.princeton.edu/books/paperback/9780691202280/basic-rights https://press.princeton.edu/books/hardcover/9780691226248/the-pivotal-generationwww.creativeprocess.info www.oneplanetpodcast.orgIG www.instagram.com/creativeprocesspodcast
Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Tyler Johnston on helping farmed animals, consciousness, and being conventionally good, published by Amber Dawn on March 10, 2023 on The Effective Altruism Forum. This post is part of a series of six interviews. As EAs, we want to use our careers or donations to do the most good - but it's difficult to work out what exactly that looks like for us. I wanted to interview effective altruists working in different fields and on different causes and ask them how they chose their cause area, as well as how they relate to effective altruism and doing good more generally. During the Prague Fall Season residency, I interviewed six EAs in Prague about what they are doing and why they are doing it. I'm grateful to my interviewees for giving their time, and to the organisers of PFS for supporting my visit. I'm currently working as a freelance writer and editor. If you're interested in hiring me, book a short call or email me at ambace@gmail.com. More info here. Tyler Johnston is an aspiring effective altruist currently based out of Tulsa, Oklahoma. Professionally, he works on corporate campaigns to improve the lives of farmed chickens, and is interested in cause prioritisation, interspecies comparisons, and the suffering of non-humans. He's also a science-fiction fan and an amateur crossword puzzle constructor. We talked about: his work on The Humane League's corporate animal welfare campaigns how he became a vegan and animal advocate whether animals are conscious how being conventionally good is underrated On his work at The Humane League Amber: Tell me about what you're doing. Tyler: I work for The Humane League. We run public awareness campaigns to try to get companies to make commitments to improve the treatment of farmed animals in their supply chains. This strategy first gained traction in 2015, and was immediately really powerful. Since then, it has got a lot of interest from EA funders. Amber: Did The Humane League always do that, or was it doing something else before 2015? Tyler: It was a long journey; The Humane League's original name was Hugs for Puppies Amber: Aww, that's very cute! Tyler: Yeah, I feel like we'd be a more likeable organisation if we were still called that. They started doing demonstrations around issues like fur bans, and other animal welfare issues there was already a lot of energy around. They then switched to focussing on vegan advocacy, which involved things like leafleting, and sharing recipes and resources. Amber: So the strategy at that time then was to encourage people to go vegan, which would lower demand for factory farming, which would mean there were fewer factory-farmed animals? Tyler: That's right. There was some early evidence that showed this was promising, and it also just made sense to them, since most vegans would attribute their own choice to be vegan to a time in the past when they heard and agreed with the arguments. So they thought, ‘why wouldn't this export to other people?' Amber: But you said the strategy is different now - it's to lobby actual food producers to treat the animals that they're farming better. Say more about that. Tyler: That's our dominant strategy now, yeah. It's part of a broader shift in the [animal advocacy] movement toward institutional change rather than individual change. If for some given company, you either have to change the minds of, like, 10 million consumers, or a dozen executive stakeholders - the latter is just a lot more tractable. It started with running small campaigns to persuade companies to source cage-free eggs, and it turned out that this worked. Around 2015 there was a sharp turning point in the number of farmed birds that are cage-free - before 2015, the percentage was growing very slowly, from 3% to 5%, but between 2015 and today, the percentage went up from 5% to 36%. And people attr...
You know how Pedro Pascal is ugly but also he can any day any time? Here are 10 more people who fit that mold.
Welcome back to another episode of the CleanTechies Podcast. This is episode 74 of the show and we are thrilled to have you joining us. If you're a ClimateTech Founder seeking introductions to capital or potential partnerships or are interested in sponsoring the show, please reach out: silasmahner@gmail.comToday we are joined by Aaron Fitzgerald the CEO and Co-Founder of Mars Materials. At Mars Materials they are creating a clean acrylonitrile (ACN) alternative that is used in materials that every person on the planet (nearly all) uses every year. Uses include carpet, carbon fiber products, waste treatment, and keyboards among other things. Conventionally, acrylonitrile is made from fossil fuels and their tech replaces the feedstock with other materials making it a much cleaner material. Their tech came out of NREL and is a way of sequestering carbon into these everyday materials helping reduce their carbon impacts of them. In addition to this being a conversation about incredible technology, Aaron's story is also very compelling so I'm glad to be able to share this discussion for that as well. Hopefully, it will inspire many. Without any further delay, please enjoy this conversation with Aaron Fitzgerald. Topics:9:31 - Types of Carbon Capture11:20 - The argument against Carbon Capture13:35 - What Mars does and who they sell to 25:08 - How they started the company out of NREL and that process for others interested34:30 - The fundraising process and journey47:40 - How he goes about educating himself51:33 - How others can get into this space 54:43 - Future of carbon spaceWe hope you enjoy today's episode - please reach out with any specific questions or discussion points. If you're interested in being a show sponsor you can reach me at silasmahner@gmail.comLINKS:Mars Materials WebsiteAaron on LinkedInCheck out our Sponsor, NextWave PartnersJoin the Slack ChannelFollow CleanTechies on LinkedInHMU on Twitter: @silasmahner__________We are proud to continue working with NextWave as our official show sponsor for this podcast. NextWave and all of its staff are highly motivated to advance the ClimateTech revolution and are constantly innovating ways that they can help affect that transition. From experts in the talent space to ESG experts, NextWave is taking on Climate and Social responsibility head-on and helping companies build great cultures that not only make the world a better place but also increase workplace satisfaction. Reach out to NextWave Partners today to learn more about how we might partner with you today. https://www.next-wavepartners.com/ / info@next-wavepartners.comSupport the show
Welcome to Harry Potter Theory. Today we're discussing Dumbledore, Voldemort, and the Elder Wand. More specifically- we're going to be discussing a popular fan theory which suggests that Dumbledore was never the TRUE owner of the elder wand. The Elder wand was the first hallow created, made by Death himself, and it was said to be the most powerful wand that ever existed. The Elder Wand is made of elder wood, and it's core is the tail hair of a Thestral. It's 15” long and has carvings down its length that resemble clusters of elderberries. With the elder wand, witches and wizards have historically been able to produce intensely powerful magic that others could only dream of. Some magic is actually altogether impossible without the Elder Wand- including things like mending other wands. We see this powerful artefact pass hands on numerous occasions throughout the Harry Potter story- and its ‘ownership' is of utmost importance to the plot. After all, it's the ownership of the Elder Wand that eventually allows Harry to defeat Voldemort- firing his own killing curse right back at him. But before Harry became it's owner in his final showdown with Voldemort at the end of the Deathly Hallows- who were the true owners? Conventionally it is believed that Dumbledore was the owner, followed by Draco who disarmed Dumbledore, followed by Harry who disarmed Draco. But one popular fan theory suggests that Dumbledore was never the true owner at all. So where does that leave us?
In this episode, Dr. Toni discusses EWG's 2022 Shopper Guide to Pesticides in ProduceTM, also known as the Dirty DozenTM and Clean FifteenTM lists for fruit and veggies. Conventionally grown fruit and veg can have residue from hundreds of different pesticides, some of which have been associated with increased risk of brain and nervous system toxicity, cancer and hormone disruption. How can you reduce exposure of these chemicals in you and your family and is it possible without having to break the bank by buying all organic? Listen in to find out! The post Episode 149: What is the Dirty Dozen? Why Does It Matter? appeared first on The Perimenopausal Mamas Podcast.
In this episode, Functional Medicine Practitioner, Dr. Meg Mill, PharmD, talks about headaches and migraines. Today, Meg talks about headaches and migraines, what causes them, and how to get to the root of your headache to treat it. What are the major contributing factors to chronic headaches? Hear about treating headaches as a functional medical practitioner, controlling stressors, and get Meg's advice to her younger self, all on today's episode of The Healthy, Wealthy & Smart Podcast. Key Takeaways Environmental triggers: Heavy metals, mold, allergens. Solution: Putting an air filter in your bedroom, doing mold testing. Food triggers: High-histamine foods. Solution: Avoiding aged cheeses, fermented foods, shellfish, avocado, foods with tyramine, citrus, MSG, aspartame, and caffeine. Hormonal triggers: Estrogen-dominance, rapidly changing hormones, and hormone-enhanced products. Solution: Visit ewg.org to rate your products. “There is hope to make a change in your life.” “Be open. You never know what road it's going to take.” More about Dr. Meg Mill Dr. Meg Mill is a Functional Medicine Practitioner, bestselling author, podcast host, and speaker. In her virtual Functional Medicine practice, she works with patients worldwide to heal the root cause of their health struggles through advanced diagnostic testing and personalized support. She has been seen on Fox News Channel, ABC, NBC, CBS, CNN and in Reader's Digest, Health Magazine, and has appeared on many podcasts. She is particularly passionate about helping people end headaches and migraines, increase energy and restore mental clarity without drugs or overwhelming protocols with her proven E.A.T. Method. Suggested Keywords Healthy, Wealthy, Smart, Headaches, Migraines, Stress, Environment, Hormones, Triggers, Allergens, The Strictly Business Roadmap: Create the Foundation of a 6-Figure PT Business Working 25 Hours a Week Resources: www.ewg.org/skindeep. FREE Gift: 8 Step Guide to Say Goodbye to Headaches Naturally. Live Group Program Head Strong. To learn more, follow Meg at: Website: www.megmilll.com. Podcast: A Little Bit Healthier. Instagram: @drmegmill. Facebook: Headache Healing Club. Subscribe to Healthy, Wealthy & Smart: Website: https://podcast.healthywealthysmart.com Apple Podcasts: https://podcasts.apple.com/us/podcast/healthy-wealthy-smart/id532717264 Spotify: https://open.spotify.com/show/6ELmKwE4mSZXBB8TiQvp73 SoundCloud: https://soundcloud.com/healthywealthysmart Stitcher: https://www.stitcher.com/show/healthy-wealthy-smart iHeart Radio: https://www.iheart.com/podcast/263-healthy-wealthy-smart-27628927 Read the Full Transcript Here: 00:05 Welcome to the healthy, wealthy and smart podcast where healthcare meets business with your host me, Dr. Karen Litzy. And just as a reminder, the information in this podcast is for entertainment purposes only, and is not to be used as personalized medical advice. Enjoy the show. 00:29 Hello, everyone. Welcome back to the podcast. I am your host, Karen Litzy. Thanks so much for joining me, I really appreciate your ears on the podcast. Now before we get started in today's episode, I have a couple of announcements number one announcement. If you are listening to this podcast on October 17 18th, or 19th, for that matter, I have a big announcement I will be running a workshop. That's right, not a webinar, but a workshop. So be prepared to do some work, called the strictly business roadmap create the foundation of a six figure PT business working 25 hours a week. In this workshop, we will cover the human resources needed for a successful business, the organizational resources needed to keep your business running smoothly the surprising amount of technology resources you will need. And finally the financial resources and knowledge that are imperative to pay yourself and your business. So the details it will be Wednesday the 19th at 8pm Eastern Standard Time on Zoom. Of course, there will be a link in the show notes for this podcast. So if you head over to podcast at healthy, wealthy smart.com You can sign up for that workshop. Just do it by Wednesday. All right now the other announcement is we are placing the podcast interviews up on YouTube. So if you want to see the podcast interviews, watch us interact with each other head over to YouTube to my YouTube channel, just Karen Litzy. And you will be able to see us talking back and forth and I'm sure one of these times you will also see a big orange cat hop up on to the screen on my screen. Alright, so today's episode is all about headaches and migraines and the treatment of them. And to help guide us through that today is Dr. Meg mills. She is a functional medicine practitioner best selling author, podcast host and speaker. In her virtual functional medicine practice. She works with patients worldwide to heal the root cause of their health struggles through advanced diagnostic testing and personalized support. She has been seen on Fox News, ABC, NBC, CBS, CNN, in Reader's Digest health magazines, and many many more. She is particularly passionate about helping people and headaches and migraines increase energy and restore mental clarity without drugs or overwhelming protocols with her proven eat method. That's e period, a period T method. And for all the listeners of the healthy, wealthy and smart podcast, she has a free gift eight step guide to say goodbye to headaches naturally. Again, go to podcast at healthy, wealthy smart.com. And you can click on that and get her free guide. So a huge thanks to Dr. Meg mill. And if you are suffering from headaches or migraines or know someone who is please listen to this or refer them to this podcast episode. Thanks. Hi, Meg. Welcome to the podcast. I'm happy to have you on today to talk about headaches. So welcome. Thank you so much for having me. So headaches is something that affects millions of people every day. Sometimes it can be a little headache, or then you have people with more chronic headaches and migraines. So where did your interest start for treating people suffering from headaches. So I'm a functional medicine practitioner. And whenever I start working with people, they fill out a really detailed intake questionnaire and symptom questionnaire before we start working, just then we really review their whole health history. And what I started noticing as a pattern was that either people were coming to me suffering with these chronic headaches and migraines, or they were coming to me for other reasons. And when I'm going through their health history, and they're really going through these forms, I'm like, Oh, they're suffering from regular headaches. Oh, they're taking Advil once a week. Oh, that, you know, and, and normalizing and they didn't even even really realize like, Okay, I'm coming to you because I'm having this problem. It's just that that's been such a part of my life. I didn't even really think about it as a problem. And so I saw this happening, particularly with women, really in both directions, and then we would start working together and they would say, oh my god, 05:00 As my headaches are gone, I never believed this was possible, I didn't even think I couldn't, wouldn't have them. And I just kept seeing this over and over again. And I wanted to get the word out. You don't have to suffer with headaches and migraines, you actually it's actually your body giving you a message. And when we put all the connections together, we see this dramatic decrease in both incidence and severity. And, in your experience, what have you found as major contributing factors to people living with chronic headaches, so we want to look at, you know, there's there's two aspects of that. So we want to really put the connect the dots. So that's what I always say, we're trying to connect the dots, your head pain is giving you a signal. And so we're looking at connecting all those dots and you and really like digging, sort of down through the layers because it could be the top layer and we could fix it right away, we could just get you some supplements that give you the right nutrients, and it might go away, but like you may be layers down to all the connections that are going on. So you know, we want to make sure we have the right nutrients, we want to make sure that we're not eating foods that can be triggered. We want to make sure our hormones are balanced that our stress hormone, you know that our stress is managing our stress hormones, we want to look at our environment, even sometimes, like underlying gut issues are different things that are happening that are that can be causing like this inflammation and immune response to that can trigger headaches. Okay, so let's drill into a couple of those a little bit further. So you mentioned stress. Everybody has stress. Not everyone has headaches, thankfully. But how does stress contribute? And what advice do you have for people that maybe they can do right away? To help control their stress as it relates to their headaches? Because I hear it all the time. Oh, I've had it just when I'm really stressed. Yeah. So what happens what I call it the chain of pain, actually, because, you know, when we think of stress, we think of like, Oh, our to do list or you know, we're busy, we're in this fight or flight because we have so much going on. And stress can actually be physiological can be biological, there can be a lot of reasons that our body's responding to stress, and one of which is pain. So it's like this cycle, when you have pain, you can your cortisol can increase your stress hormone, which can actually increase another hormone called prostaglandins are called prolactin, excuse me. And then once prolactin is released, that can actually increase pain sensitivity. And so you can get stuck in this like pain causing stress causing pain. And we see this, the cycle happen a lot with people. And so we just need to do things, like you said, to get out of the chain of pain to really get your body to relax. So one of the things I think you could start doing right now is really just practicing breathing, because our breath can bring us back to the parasympathetic nervous system, we often breathe through our chest, we're breathing like high up in our body. But if you can take a couple minutes every day, it doesn't have to be anything drastic. But just like set a timer, you know, a lot of our watches even more, say, take a deep breath, you know, sit and take a minute or two out of your day and really practice that deep breathing, because we know that those deep breaths can bring us back into that parasympathetic nervous system. So that's just like a simple place to start. Yeah, so I think a lot of people, when they think of stress reduction, they think of mindfulness techniques and meditation. And they think, well, in order for that to be helpful, I have to do it for 20 minutes. And then I don't know, 20 minutes, and then they're stressed out because they don't have the 20 minutes in order to do that. And it keeps going and going. So I like the recommendation of hey, let's just take a couple of breaths. Keep it simple in the beginning. Exactly. I agree with you, because a lot of that feels like another stressor. So if I say to you, like we have to meditate, then you have to you know, and then it's like, Why can't meditate, my thoughts won't slow down. I don't have 40 minutes, I don't want to do so. So just if you can say like, Hey, I'm gonna do it, like we do anything else, put little chunks in your day, you can start to build and then if you practice that breath, when you are stressed, you can bring it in. It's very hard, when you don't aren't practiced that it to use it when you need it. And so that's I think, like building that muscle of being able to do it, get the practice and then being able to bring it back when you need it. Yeah, just like anything else. If you can practice something and build up like muscle memory, I use that in quotations 09:22 so that you can tap into that when you need it. I think is so important, rather than just maybe doing some breath work once a week, or once a month. Kind of when you think not even when you think about it, but maybe if someone mentions it to you then you're like oh yeah, I thought I was supposed to do that versus making something a habit right? Because habit building is something that human beings can do. We can do this. Yes, yeah. And you just put it in you just get it as a part of your habit and then you'll and then you'll really see the advantage when you're a 10:00 But when it is a habit, you're able to use lies it when you're in that stressful situation, because you can really actually feel your body calming down. If you're stressed and you think, like something happens, and you can get to that breath and really use it, it's actually just, you can physically feel the relaxation, we know physiologically that it does, you know that your breath really can bring you back into the parasympathetic nervous system, it's just a matter of being able to actually do it. Right. Okay, great. Now, another thing that you mentioned in all these contributing factors to headaches is your surroundings. So can you explain that a little bit more? Because I think a lot of people if I'm playing devil's advocate advocate, would say, Well, how can I change my surroundings like I live? Where I live? I do what I do, what are you talking about? So go ahead. Yeah, so we there's a, there's a couple of things whenever we talk about our surroundings, so we want to say like, actually, heavy metals can be a trigger for so if you have heavy metals in your body, sometimes even things like, like a lead could be in your bones from when you were younger, and sometimes as well, more women and we age, our bone density changes and actually can release toxins later in life that you may have absorbed when you were young. So it's just in some of those loads, or maybe not even what you're around right now. But we know some of the heavy metals, then we you know, mold can be another factor. So if you do live in a moldy house, we could look into that and see if you're surrounded, that's like also something if you see like, oh, I moved and my headaches started, after I moved or you know, at a certain location, some of those kinds of things, but then just also environmental. So when we look at our environment, sometimes people that have migraines, can have a genetic variant and this enzyme called Dao enzyme, and that's an enzyme that helps us break down histamine. So we want to think of that when we're eating foods that have histamine. But if you also have, you're also exposed to environmental allergens, you know, you're you're getting this allergic response, you know, this immune response. And so just actually also cleaning up your environment can make a big difference. We I one thing I would say is even if you're going to pick like something in your environment, you can't change where you live, obviously, you can, you know, clean up, but putting an air filter in your bedroom can be helpful. And you don't even have to go to the top of the line, you know, you can start out with something that you you know, find anywhere. 12:23 And just put it in your bedroom, because it's hard to get them in every room in the house. But we spend a lot of time sleep is so rejuvenating. And just if that's like one thing you can do, I think that is a help often for people just to add that. Yeah, and air I actually bought an air filter last year with the all concerns of like air quality and COVID and things like that. And so I have one and it wasn't very expensive. It's not like you said you don't have to go top of the line or anything you can get they have some really good basic ones that can fit the square footage of a bedroom really well. And I'm glad you say you know, even if you have an ingest your bedroom, that's good, because a lot of people might think well, what am I supposed to put one in every room in my house? It's gonna get really expensive. How am I going to do that? But now you're saying listen, at least have it in your bedroom where maybe you're sleeping and spending eight to maybe nine hours a day in that room? Yes, yeah. Cuz it is, it's hard to say like, Okay, I'm gonna put it everywhere. But you're, you know, you're gonna be there a ton of time, and it will be good while you're sleeping. It was funny, because when I was going to buy, like the first air filter that we bought in our house, my husband's like, we have a filter on our furnace. We don't need this. And I was like, you know, I just want to have it I you know, I think it's important. And then the first time we change that filter, he was like, Oh, it was shocking, because you think your air is being cleaned by your furnace. But when you really see those filters, and when you get their filter, there is a lot that's coming out. So yeah, yeah. And I I live in New York City. So if I just opened my window for half a day you're getting God only knows what blowing into the apartment. So yes, air filters very easy to do. What about you had mentioned mold? So there are obviously ways to clean mold. But let's say you're going to look at a house or an apartment or something like that. Can you ask about mold in the structure? Yes, they do. You can do mold testing. So that is something that you might want to look at because there can be black mold under things and so if you are looking for a new you know, a new home that is something related to take we you know, we check radon, we check different things, but are we actually checking mold and the you know, the people aren't I had a plumber come in one time that was like, I had a leak in my sink and I was saying like, is there mold is it and he was like, Oh, it's fine. That's not a problem. And I'm thinking yes, it is a problem. I actually know that it is. So I my point there is that you could have people just brushing it off that are saying like, Oh, that's not a big deal. Oh, we don't even need to look for that. But you know, that's always something that you can ask for it. 15:00 Yeah and you had mentioned that foods can also have an anti histamine effect is that right? What can you give some examples of foods one can eat like what would be considered a low histamine diet? So you want to be you want to avoid things like aged cheese's fermented foods sometimes shellfish even like avocado is a high histamine foods so you want to avoid foods that but I think if you try to you know stick the big classes would be like aged cheese's fermented you know, fermented foods have a lot of prebiotics in them so we're really hearing a lot about things like sauerkraut, kombucha things right are feeding our microbiome in a positive way and so you can hear that and you hear things about like avocados or healthy fats and all these things so that's what kind of gets tricky with with headache foods or migraine foods because they're often foods that maybe you're hearing are healthy for you but they're just not like they may be healthy in certain ways, but they can be potentially triggering your your headaches or migraines and you're not even knowing it. So we want to look at foods that are getting high in histamine. This is the one I mentioned. You also want to so some of the other categories of foods that we know are foods that have tyramine so think of like cured foods, aged foods, they're the foods that have nitrates. So you think of like hot dogs and foods like that. You also salicylates and that that can be like citrus foods. So things like lemons, sometimes oranges, those are, are ones that you wouldn't necessarily suspect. So then we have like MSG, aspartame, MSG would be like in canned foods, box foods, aspartame, diet, foods, and then even caffeine. So that's an interesting one, because caffeine can be helpful sometimes for people with headaches, but you can get rebound headaches, if you you know, are withdrawing from the caffeine to so so that so I'm gonna give you like their buckets. So like that those are foods we know actually have data, we know that those are they can cause the headaches and migraines. Now, it's not the same for each person. And there can be a threshold. So you may eat that food at one point. And like let's say you have a glass of wine and it has tyramine in it, and you're like, I hear this, like people say, well, sometimes wine, I'll get a migraine after but other times I can drink it. So it must not be the wine. Well, it might be the wine with some of that aged cheese that you had, or something else, that the combination of those two foods together was enough to like put you over that threshold to have the headache. So that's where it kind of gets confusing, I think because you you're it's harder to pinpoint your exact foods sometimes when you're trying to think about it, because you're not always getting the headache with that food. Right. And so that flows very well into my next question. And that's how do you know what, if any of this stuff is causing your headache, whether it be the food, you're eating your environment, your hormones? How do you know? Because that's a lot of buckets. Yes, right. Well, that's why when I work with people, I have like roadmaps. So no one you find a practitioner that you can that you trust that can give you a roadmap, but one of the things that because Because yeah, you get the guide to know like this, and this and this means this and that's very helpful. But one of the things you can start doing right now is printing out, I have people start by printing out a blank calendar, and write foods down like if you get a headache, or if you get a migraine. Wait, what you ate that day and the day before, and then just start to look for connections. So you know, start to look for like, okay, you know what, every time I get a headache, it's three days before I get my period, or every you know, like my migraine or every or it's mid month, maybe you're ovulating, you know, or I didn't sleep last night, but uh, you know what, I don't sleep. If I don't sleep, well, I get it, or I'm dehydrated or the ate these foods. So once you start to like, just you don't have to do it every day. But if you just do it when you're getting the headaches, it can start to show you patterns. Oh, that's a great idea. And then you can address them accordingly. Yes, right. Right. Right. Got it. Now, you had mentioned days before period ovulating. So obviously, advice for women who suffer from hormonal migraines. What do you got? Yeah. And that's one more thing I didn't have to worry about. Right? Yes. Yeah. So the two most common reasons that we get migraines associated with hormones are estrogen dominance, and rapidly changing hormones. And that's why with estrogen dominance, you often get it right before your period because estrogen and progesterone are both dropping, but sometimes then progesterone is lower than estrogen. We were having the dominance now. We really do. Test testing can be really helpful for this because if you have estrogen dominance, why, like do you have low progesterone or do you have I have estrogen or I see a lot of people that have normal estrogen, but maybe some of the metabolites that estrogen is going into are higher and they're not there. You want to look, we want to say use it or lose 20:00 that when we talk about estrogen, you want that to really be in your body, but you want it to be able to be metabolized and excreted. And if it's not being done that way, then you're getting the these higher levels of metabolites that actually have a little bit more proliferative effects sometimes, and we're getting these symptoms. So, you know, really one, if you can get the testing the right testing done, then, and you have to be careful, because if you just see the extra dial, like if you just get a blood draw, that's not really the whole picture. Because you're not seeing all like I said, all these metabolites in the way, you know, that might be okay, but the way they're processed, but you so if you're looking for something you insert, right now, you can look out, there's a lot of products in our life that have what we call Xeno estrogens. And so those are estrogens that are outside of our body, and things like BPA, so think of all the plastic containers in your kitchen, have BPA in them. And what we do is we eat out of those, but we also often we'll put those in the dishwasher, sometimes we'll microwave them. And when that happens, they're also like decomposing, you know, they're breaking down their structure and they can leach into the food. So then you're eating that food that sitting in that plastic that so we're getting some of these estrogen components outside of the body. So you know, just really taking a look at that. We look at that in you know, your skin is a giant mouth and skin products, hair products, all the things that we're using, so that's just a good place to start. And yeah, I actually have I can say I switched to glass for all of my food storage needs, or I'll just put it in like a regular bowl and just cover it with which is probably not good. But I cover it with 21:41 with aluminum foil. Okay, I don't think that's good. Well, that's not touching. Yeah, you don't want to high levels of aluminum either. But yeah, you know, might not be touching the food. No, no, no, no. Yeah. No, usually it's like in the bowl like, yeah, yes, for the most part, I decided last year, I'm like, I feel like I should switch to glass. You know, storage instead of using like the Tupperware or Tupperware like storage. So I guess that's good. 22:11 And when you're looking at things like what you're putting in your hair on your face, are there things that are you're like, do not buy this product, if it has this ingredient in it, or is that a little too broad. So what I would suggest that you do is actually go to ewg.org Skin Deep website, so they rate all products. And so you can actually tell you just tight, it's really easy. Just type in what you have. And you'll see a rating. So you'll say like, Okay, if it's a one or two, you're you're feeling comfortable. If your products and eight or nine, then you know, replace that product, it would be a good idea to really try to, you know, try something else. And I tell people to like, for cost purposes, if you just replace one product at a time, it really doesn't, you know, it add up so much. So yes, if we're going to say I need to go get all new makeup, that's going to be expensive. But if you're like, Oh, my foundation ran out, let me think of what you know, let me really think about that. Be mindful of what foundation I buy, or, you know, the next time your shampoo runs out, you do the same thing, you're spreading that cost out. And then you're just replacing one thing at a time. And it's just lowering your overall toxic burden. It's lowering those, you know estrogens that are coming in. Another thing I guess with that is also like looking at beef and dairy because we're you know, the animals are often given hormones. And then when we eat them, we're also getting that, so really paying attention to those those foods to to make sure you're not getting any extra hormones. Got it? And can you say that website one more time? Well, yes, sure. It's Ew, g.org. And then in that that's Environmental Working Group. And within that there is a section that specifically for products and it's called skin deep. And they have a whole bunch of products. They have sunscreens and makeups, and you know, shampoos and all sorts of different things. So it's just a nice resource, because I think it's just nice to be able to, you know, you look at the back of the shampoo bottle, and you're like, what does all of this mean? So it's sometimes hard to figure out on your own, but it's just nice to be able to put that product in and you know, put it in and then find a ratings like gives you like a little bit of a clear guide. Yeah, no, this is great. I mean, all your tips are amazing. So hopefully people if you are someone that suffers from headaches or know someone who suffers from headaches, then definitely get them over to this podcast so they can listen to all these great tips on how to not suffer as much because I know headaches can be just absolutely debilitating. I have several friends who've had you know, a history of a long history of migraines. And I'm lucky to be a person that doesn't really get that many headaches. 24:54 But now when I do I'm going to kind of be thinking about you you're going to be in the back 25:00 Could my head I'm going to be thinking about all these tips and seeing what I can do to help mitigate the headache when and if I get them. So thank you so much. And now, how, you know, you had mentioned that you're a functional medicine practitioner. So how does a functional medicine practitioner differ from 25:19 a medical doctor when it comes to the treatment of headaches? Like what do you guys do differently? Yeah, so I'd like to actually take use an analogy for this, because it kind of points out the way we're treating headaches in the conventional space. So if you took your, if you took your car to a mechanic, and you said, it's making noise, and the mechanic walked away in it, they walked away with your keys, and they came back and handed you a pair of ear muffs and your keys back and said it's fixed. Would you be comfortable driving your car? And we wouldn't, we'd say like, No way, it's so broken. And that's kind of what's happening a lot of times in the way that headaches and migraines are being treated. Conventionally we're giving, we're given medicine to cover the pain. So you're treating your pain, but your headaches are still coming back. And we see that happen all the time. You know, people are saying, Okay, well, I take this for my pain, but that they're never going away. They're just being covered up. So what we do in functional medicine is we flip it around, I say, like we do it actually the opposite. And we're really putting all the connections together, outside, sometimes even of your head, and putting everything else that's going on in your body together and really kind of diving into why you're getting a headache. So it's not as much about the pain treatment, which we do still want, you know, we still want to treat the pain, obviously, because we don't want you to experience that. But we want that my goal is for you to get the incidence and severity down because I want you to not have them so that you're not having to take the medication. Right, that makes sense. And 26:52 I think I like how you said you want the incidence and severity to go down because sometimes it may not be complete elimination for the rest of your life, like people may have flare ups, I work with a lot of people with chronic pain. And oftentimes, you know, they may have chronic low back pain, we've gotten them to the point where that back pain is no longer burden burdensome, but you know, every once in a while they may have little flare up. Right? So how do you explain that when you're speaking with your patients that like, hey, sometimes you may have a flare up, it doesn't mean that you know, all is lost. You need to give up what kind of what does that conversation look like for you? Yeah, so generally the people that finally get to me have had chronic you know, or severe headaches so they're just thrilled to not wake up like I you know, I get one of my favorite quotes is one of the people I work with when I patient said I just love the fact that I don't wake up wondering if it's going to be a headache day like she you know, she everyday was living her life like, is it going to you know, wait, I get you have that fear waking up like is today going to be a headache day, if I plan something? Am I going to be knocked out with a migraine? And so yes, I can't promise you that you'll never have another headache because I can get a headache. You know, because of you know, maybe I'm dehydrated. And I've slept weird on my neck and you know all these things. But I can't promise that but that's when we see this dramatic decrease in both incidence and severity that they're not really affecting your life that you're not taking medication, they no longer have to, you know, sometimes we were on prescription medication, Botox injections, all these you know, there's, there's a wide variety of things that peak cocktails that people were taking, and they're still coming. And so it's it's really saying you don't have and I think like deeper than that all these medications have side effects like we're getting they're not without consequence. They can, you know, have good purposes, but there's always the consequence. So you're still getting the headaches, you have the consequences. So we want to pull get you in a place where, okay, you're not relying on that. And you're you're not suffering from any side effects of having to take regular medications. Yeah, I think that's great. And the the biggest part there is like they feel like they're not suffering anymore. So you know, when people come in and you ask, Oh, what are your headaches or your pain on a scale of zero to 10? And people are saying it's a 20? It's because it's so they're suffering and it's affecting their life in so many different ways. And so if you can bring that down for them, I mean, that's a real blessing, I would think and they must be like, super excited about it. Now. Yeah, it's life changing. Yes. Yeah. Yeah, it's life changing. So now, what, what would you like the listeners to kind of step away with from this conversation? If you can distill it down into your main points? What would it be? Yeah, I just like them to know that one. You know that if you are someone who has, I think people feel that they've had these headaches for you know, a lot of times people had them since childhood even. And so you feel like well, I've always had this. This is something that I'm not going to change. I'm managing it. It's 30:00 You know, but it's, it's just who I am, I see those people be able to make that change and not have them, you know, so I think or if there's something that you're dealing with all the time. So I just think knowing that there is hope that you don't have to live this way that if you just maybe take a new perspective, I think we can get stuck in that same pattern of like, oh, this is just what I do, oh, this is how I treat it. But I, I think if you can be open to a different perspective, then you there is hope to really make a change in your life. And then I also would say, you're just really maybe dialing in and listening to your body and listening, you know, if you can be more in touch with, like, what food you're eating, if you're dehydrated, if you're not sleeping, if you're you know all those things that we talked about, and like really just kind of put a mirror up and see like, where are you on some of those spectrums? Excellent advice. Now, where can people find you? If they have questions they want to consult, they're having headaches, they they need you? Where can they find you? Yes. So my website is Meg mil.com. So that's just my name M eg mi LL. And then I have a podcast called a little bit healthier. So I'm talking about headaches and migraines, but all different ways you can add be a little bit healthier in your life. And then I'm over on Instagram, and Facebook at Dr. Meg mill, just Dr. Meg mill. Perfect, perfect. And now, last question. It's one I ask everyone. And that's knowing where you are now in your life in your career, what advice would you give to your younger self? 31:33 Oh, that's a good one. 31:38 I just think that, you know, so I started out on the conventional side of medicine. So I guess I felt like, Okay, this is the this is the way to go, although I always was into more prevention than treatment. And so I, I think my path is different, it's veered a lot. So I think maybe in some of those times that I was really frustrated with the system and the way things were going even though I knew all the protocols, I knew why it was happening, that that I was that I wouldn't be able to find another way. So I would have to say that's probably the advice that just be open, you never know what road it's gonna take. And I did think of one more thing, I have a freak, I forgot to tell tell, say this, when you asked me Yes, I do have a free guide that you can go to just called help my headaches.com. So if you're looking for some steps to get started, you can look at that guide to I should have mentioned that earlier. No, that's perfect. And we'll have links to everything. We'll have links to your website, your social media, and help my headaches.com so people can go on and get this free resource to help their headaches, which would be wonderful, because man, I 32:46 I always, I feel I have so much empathy for people who suffer from headaches, because I think I had like maybe two or three in my life. And I was like, Oh my gosh, this is how do people live this way. So I have a lot of empathy. And I have a lot of gratitude for people like you who have chosen to really work with this population, because it's vast, and they need the help. So well done on you. 33:08 Yeah, and again, what's the name of your podcast again, it's called a little bit healthier. So it's just about taking tips too, that you can do every day in your life to be a little bit healthier. Love it. Excellent. Well, thank you so much, Meg, for coming on and sharing all of this great info so many good tips. I was like looking down and taking notes and I'm definitely going to that website and I'm going to put in all of my skincare and 33:34 hair products to see what I have going on and and then I'll take some deep breaths so then I won't get stressed out about it. But thank you so much for coming on the podcast. This was great. Thank you for having me. And everyone. Thanks so much for listening. Have a great couple of days and stay healthy, wealthy and smart. 33:57 Thanks for listening. And don't forget to leave us your questions and comments at podcast dot healthy, wealthy smart.com
Hey friends! We're back with a new episode all about Annabeth Albert's Conventionally Yours! Conventionally Yours follows Conrad and Alden, two rivals who are stuck on a road trip together that could change their lives completely. A huge prize at the largest fan convention is at stake, but only one can win. Who will win, and is there something even bigger at stake here for the boys? Theme Song By Man With Roses
One major challenge faced by real estate investors is funding and acquiring deals. Conventionally, investors purchase investment property by paying in cash or by borrowing money from banks and financial institutions. However, it is not always the case that investors are able to raise cash upfront to acquire a deal nor all properties or deals can qualify for financing by traditional bank loans. Fortunately, there are alternative ways, regarded as creative financing, to structure deals and secure capital.In the concluding episode of our four-part series with Sterling White, he talks about his experience using creative financing when they acquired their first multifamily deal. He shares the process of approaching the owner for a seller financing option and goes into details of the deal structure. Hear some pieces of advice on pitching creative financing to sellers and be warned of some pitfalls in buying. Listen now and learn how to utilize creative financing options in your business so you won't miss out on deals.
Real estate and cryptocurrency investor Blake Templeton sits down with host Liam Leonard to discuss the benefits of real estate investment over classic employment, the crucial role of employing coaching along his business journey (up to this very day), and the way to build more than an efficient team–build a rapport of excellency on today's episode of The Prosperity Perspective.3 Key TakeawaysThere are ways to educate yourself to better run a business BESIDES college. Investing in a mentor or master class group made the difference for Blake.Do more than employ your team; inspire a rapport of excellence by building a family and seeing to individual limitations and strengths. High revenue will come from it. If ever there was a time to help each other build and grow in business, it's NOW. Consider sharing the wealth of knowledge you've gained, and get wealth from Blake through crypto currency. ResourcesTake Blake's free masterclass on how to get started in crypto and how to build your all-weather portfolio by texting INVEST to (877) 771-0615Blake's LinkedInBoron Capital's FB pageBlake's InstagramBlake's YouTube pageAbout Blake TempletonBlake Templeton is the President and CEO of Boron Capital and is responsible for the strategic direction of the company, capital markets activities, and overall performance of the underlying investments. He has spent quality time with Tony Robbins in multiple countries masterminding over world economics, investment fundamentals, and scaling businesses. Blake has interviewed the great Jay Abraham and Dean Graziosi with both saying the interview was one of their best. He is an experienced and knowledgeable investment and economic speaker that addresses audiences of executives and business professionals nationwide. He is a regular contributor and writer for Forbes as a member of their Business Council and is also a member of the Young Entrepreneurs Council. Blake has been featured as a Financial Expert in “Business Week”, “CNBC”, “Fox News” Networks around the country and many Business Journals for his keen insight on how to protect and build wealth in emerging real estate markets.
Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Live Question and Answer sessions. For those people that are unable to join us live, this will provide an opportunity to hear the awesome questions I am fielding about business, taking risks, real estate, and so much more! This presentation is the live Q&A that I did the week of May 18th and each Thursday we will offer you another chance to take advantage of listening to the answers to our guests' fabulous and compelling questions! Don't miss this new episode of the Just Start Real Estate Podcast! Notable Quotes: “If you have tried direct mail and it hasn't worked for you, there may be very specific reasons why that is the case.” “With the BRRRR strategy, you refinance to get your money out of the property so that you can invest in the next one.” “Conventionally, you get the loan for a buy-and-hold first.” “We got out of our office space and went remote before COVID ever hit.” “If you are a local company, you should be doing some in-person activities to team build and stay connected.” “The part of our business that does not make us excited is filling out government paperwork.” “You are not a real estate investor unless you do at least one deal.” “You will see the urgency of creating an LLC if you do a couple of deals.” “Any advice? Yes, stop doing that.” “The reality is that, in this market, you do not have time to get a contractor to walk through every property to evaluate rehab costs before you make a deal.” Links: WINNING Direct Mail 7 Figure Flipping Return on Investments Just Start Real Estate JSRE on Facebook Mike on Facebook Mike on Instagram Mike on LinkedIn Mike on Twitter Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months
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