Also in this playlist...
This transcript is automatically generated
You know it's the only what to investigating it's also what not to invest in to save money so you can make or save money.
The first green today we find out that according to realty track.
Twelve million homes are at risk for foreclosure.
Now on a normal year a 100000 homes will be foreclosed on already this year.
Look at that already this year 528000.
Homes have been foreclosed on.
Next screen so what's the blame for the high rate of foreclosure can you blame -- thirty year fixed rate at four point 69%.
No way this is one year multi decade low rates -- you can't blame that.
Can you blame prices -- prices too high people -- tried it.
Over leverage of all know you can't blame that either because prices are down 27%.
From the 2070.
But you can blame you can -- and nine point 4%.
Unemployment rate fourteen million people out of work and the way.
Keeps firing of 8000 dollar.
First time home buyer tax credit which -- home sales drop which -- who many houses on the market.
People were -- and write the next one.
So what not to invest in OK number one KB home look at this when you chart look at the end that when -- -- this is where you do not want to be.
Because all garbage going -- of foreclosures stay at KB home to -- the next chart and -- home builder.
Told Brothers has been a great stock in years past but not this year -- not now don't be a hero don't try and -- that if if you own it not a bad time to get out of it.
A stock on a completely different trajectories silver Wheaton.
Actually what they do is they produce over.
Ounces of -- so you know what's going on gold guess what guys silver has had a nice run itself this is a good looking -- SOW.
When he went through your mind that you want to put a few bucks into that one.
OKMR president was in Hollywood.
Holland Michigan today okay.
Here's what's important about that the -- -- that got stimulus money gave stimulus money to the battery plant to -- 151 million dollars think about -- for a second.
300 jobs a 151 million dollars.
And 3000 dollars per job it's more stimulus money wasted so what we did was on our nightly.
We have a nightly look at this wasted stimulus money give it and that's what went to recovery dot -- They did it again.
I just played around and look what I found in Minnesota.
Covered up -- we went to Minnesota right right up there I found this one.
Albert lea Minnesota 437000.
Dollars awarded granted.
Here's the work they've done ready for this.
Coordinate its schedule what they've -- it worked yet we just gotta coordinate its schedule work but here's the kicker get this.
I -- walked into the dark the director's gonna hate -- for doing this but look at this.
Hundredths of one job created how in the world you create -- 31 hundreds of one job.
Crazy town we to take another look at it tomorrow night -- when we come back Bryce Dallas Cincinnati Bengals wide receiver Chad Ochocinco.
More money -- and two minutes.
Filter by section