Following program is transcribed. The Equitable Life Assurance Society presents This Is Your FBI. This Is Your FBI. The official broadcast from the files of the Federal Bureau of Investigation. Presented as a public service by the Equitable Life Assurance Society of the United States and the Equitable Society's representative in your community. During the past few days in every city, town and county representatives of the Equitable Life Assurance Society have been sending postcards to people in their neighborhood. The purpose of these postcards from Equitable Society representatives was to urge their neighbors to listen to the main commercial into night's equitable broadcast. It's addressed to men and women who want to be self-supporting and independent after they're 60 years old. If that's the way you feel, you'll be interested in the independent 60's plan worked out by the Equitable Life Assurance Society of the United States. I'll give full details in about 14 minutes. Tonight's FBI file, the three-way frame-up. Crime in the United States is an established business and unfortunately that business is very good. You read a note in your newspaper about a robbery or a hold-up or you hear about one on your favorite radio news program and you are likely to forget it quickly because few hold-ups are dramatic enough to impress themselves upon you. But do not be under the mistaken belief that those thefts are isolated and the result of any accident. The majority of them are well-planned and more than that many of them are the result of work by groups of tightly knit gangs. But those gangs enjoyed a banner year in the past 12 months is shown by the figures recently gathered by your FBI in a nationwide survey into the field of crime. The value of property stolen last year in the United States totaled more than $113 million for an average of $2.5 million a week. That figure should impress you law-abiding citizens because that $113 million was your money. Tonight's file opens in the lavishly furnished apartment of Alice and George Hopkins. It is mid-afternoon and George has just come in. George? Yeah. What are you doing home so early? I don't feel well. Oh, I'm sorry, honey. Can I get you something? No, I don't want anything. What's the matter? I just wanted to see Dr. Elliott. He examined me with a fluoroscope. What's that? Well, it's like an x-ray machine. Only you get the pictures right there without waiting. What did he say? I've got an ulcer. You've got it? I've got to take it easy. Oh, George, that's awful.  I know, and you've told me to take it easy. But how can I? I run the one-man business. The cemeteries are full of people who ran a one-man business. What else did the doctor say? Oh, I've got to give up work for a while. Go away. Well, George, that's wonderful. You haven't had a vacation in years. I know, but I don't think I should take one. Why not? Who will run my business? Oh, now, George. No, I mean it. Well, there must be somebody to take over while you're gone. Who? Who can I trust? Well, how about Bob Nelson? Well, I thought of him. And? I'm not sure he's had enough experience. George, he's been with you a long time. Alice, Alice, you must realize that length of service is no barometer for talent. But he's very clever at stealing things. You told me that. There's a great deal of difference between being a thief and a fence. My business is receiving stolen goods. But he's been helping you. I know. Well, then why don't you give him a chance? Oh, now, look, honey, I... I'm only suggesting it so that you can get away. I realize that, but... Oh, now, look, look, this isn't good for my ulcer.  I've got to take some pills. We'll talk this over later. And mix us some drinks. We've got something to celebrate. What? George saw a doctor this afternoon. He's sick. No kid. Yeah. The doc says he's got to go away. Is he going? Yeah. Is that what we're celebrating? No. This drink will be to you. I don't get it. You're the new head man. Huh? George had to get somebody to run the business while he's gone. I sold him on you. Thanks, baby. Here.  What's the matter with him? Oh, he claims he's got an ulcer, but you know the way Billy aches all the time. He won't be happy until they name a new disease after him.  Six months. That should give you all the time you need. For what? To take his business over, permanently. Oh. Would you drink to that? Sure, baby. There's only one thing to remember. What? I go with the job. You think I'd want to forget that? No. How about another drink? Not now. I better hurry back to the house. After all, I'm George's ever-loving, dutiful wife until he leaves town. It's open. Hello, doll. Oh, Bob, honey. I didn't expect you here tonight, sugar. Honey, I just came by to tell you that you get ready to move out of this crumb hotel. Why?  Well, how does that make me move out of here? I'm gonna take over his business while he's gone. Oh. Can't you realize what that means, honey? All those things I promised you, you can have every one of them. Even the mink coats? Two mink coats. One for when it rains. Oh, that's wonderful, Bob. Hey, I thought you and George didn't get along too good. He didn't pick me for the job. His wife did. Oh. Well, now don't get mad, honey. She don't mean anything to me. Well, why did she pick you then? She stuck on me. Oh, Bob. Well, look, I can't help it. Well, you must have encouraged her. I didn't, honey, honest. But we'll have to be careful for a little while. Where we go together and things like that. Why? Because she thinks I'm stuck on her. That I'm gonna cut up a business with her as soon as George leaves town. As soon as I take over, baby, it's just you and me. The next morning at the local FBI field office, special agent Jim Taylor is just greeting agent Ike Woodford. Hello, Ike. Hey, when'd you get back? Just this morning, Jim. You're a great guy. Hey, must have been a good vacation. Oh, it's wonderful. Plenty of sunshine, plenty of fishing. Hey, what'd you catch? Speckled trout. Huh? Now, I know this is an old cliche, Jim, but one got away that must have weighed at least... Ike, I'll bet it wasn't as heavy as this case you've been assigned to. Okay, I'm sorry. What is the case, Jim? Hi, Jackie. Nothing's changed much since I left. I think maybe we got a break on this case, though. That's good. We found one of the trucks out on Highway 37. Abandoned? Yeah. Nothing new about that, Jim. We found trucks before. But this one was still loaded. Stolen goods. Uh-huh. The truck hit a soft shoulder on the road, ran off into a ditch. I see. It was filled with about $11,000 with the stolen drugs and headed for here. How do you know that, Jim? We found a note in the cab of the truck saying that the shipment was due to be delivered to the warehouse here. No weather address on the note, huh? No. Police Robert Madison are checking up on the truck now. The driver just took off, I assume. That's right. I got to thinking about it, though, after I saw the truck and I figured that maybe he was injured when he went off the road. So I checked with all the hospitals around Madison. Sure enough. I came in with a dislocated shoulder to be treated. Did they have his name? Well, they had a name, but it wasn't the right one. He also gave him a phony address. I see. That's why I said we may have one break, though. The man who was treated for the dislocated shoulder left his shirt and undershirt at the hospital after they put on the cast. Well, let's hope we can get something from the laundry marks. The lab is working on that now, Ike. As soon as they give us the word, we'll start moving. Alice, get me a glass of water, will you? You going to take some more of those pills? So quick? My stomach is killing me. What time is it? 10 after 10. Where is Bob Nelson? He should have been here 10 minutes ago. I didn't know you called him. Here. Oh, thanks. I don't know what's in that medicine, but it sure helps. Maybe you better get an extra box for while you're gone. Oh, I've already ordered a whole case. Good. That must be Nelson now. Go let him in, will you? Okay. Hello, Mrs. Hopkins. Please come in. Thank you. Hello, Nelson. Hello, George. Sorry to hear about your health.   Well, you better take care of it, George. I'm going to. I'm leaving town in an hour.  Can I get anything for you, Mr. Nelson? No, thanks. Yeah, you better sit down too, Alice. Oh, I know. Now, this list here, Bob, this is our list of contacts. They all ship stuff to the world. Yeah, that's right, that's right. Now, this list here, these are the people that get rid of the stuff for you, depending on what kind of stuff it is. I see. And here, here's the list on the warehouse. It's made out of the name of the ABC Corporation. Well, that's you. No, no, that's you. It's whoever runs the warehouse. There is no ABC Corporation, really. Oh, I get it. The names mark to the stars on that second sheet, Mr. Nelson. That means they can only be contacted at night. Yeah, yeah, yeah, I forgot to tell you that. They're supposed to be legitimate people, so don't bother them during the day. Okay. What else? I'll be back here in six months, Bob. Just see that nobody gets out of line with you. If you do that, the place will run itself. Yeah, I'll be tough, don't worry. Yeah, yeah, well, if you get stuck on anything, just ask Alice. She knows as much about the business as I do. Fine. Thanks. Then after a few weeks, when she's sure you got everything running smooth, she's going to come out and join me. You won't mind if I come for you for some advice from time to time. No, no, not at all. In fact, I'd like you to call on me. That way I'll be sure to protect George's interest. Mike, any word from the police? No, not yet, Jim. They checked that laundry over an hour ago and it was the right place. That's good. Maybe they've set up a surveillance at the driver's house. Probably. Well, there's nothing any of us can do now, but wait until he comes home. I hope they get more from him than I got from the owner of that truck. Oh, I didn't know you saw him. Oh, that's right. You were in with the boss from that caulk him in from Madison Police. I thought that was a stolen truck, Jim. Yeah, so did I, but it wasn't. Well, I wonder why the driver took the trouble to remove the license plates then. Oh, he must have forgotten in his panic that we could check the motor and serial numbers. At any rate, the owner turned out to be a man named Joe Spencer. Never heard of him. Well, he's not a local. He's from over in Madison. Police had no trouble in picking him up. Did he admit owning the truck? Yes, but he claims he had no idea what was in it. He says he only uses the truck during the day and that his driver must have loaded it with the stolen drugs. That's a likely story. He made it even more implausible by saying that he had just hired the driver. Didn't even have his name or address on record. Well, he certainly sounds like he's mixed up in this thing. Oh, up to his ears. Jim. Oh, yes, Carl. This teletype just came in and police had ordered for you. Well, thanks, Carl. Is that about the driver? Yeah. His name is Eddie Leslie, Ike. Hey, he's told the police his whole story. Including the location of the warehouse here in town? Yes, it's at 989 Franklin Avenue. The police are on their way there now. I'd better go over and meet them. Bob, what's the matter with you? What did you take me for? A square, a chump, an out-of-the-town element? You know I've got a good mind of... Wait a minute, wait a minute. What's this all about? Great little deer you had at me. What are you talking about? I just went by the warehouse. The joint is crawling with cops. What? They're all over the place. And every one of them is looking for me. Bob. Yeah, you and that husband of yours tried to frame me, didn't you? Thought I'd take the rap for your phony deer. Oh, Bob, why would I frame you? I made George go away so we could be together. Ah, don't give me that. Well, it's the truth. I swear it is. Well, let George frame both of us. What do you mean? Take a look at this note. I just picked it up in my apartment. Who's it from? My girl, Helen. You've got a girl? I did have a girl. She's just run away with your husband, George. We will return in just a moment to tonight's file which shows how your FBI helps promote national security. Now let's talk briefly about another kind of security. Security for men and women who want to look forward to independent 60s. Uh, what do you mean independent 60s? It means that you're not accepting one cent of charity after you're 60 years old. You don't have to live in someone else's house.  To one man, independent 60s means a home of his own in the country. Yes, eggs from your own chickens, fruit from your own orchard, vegetables from your own garden. Or to another man, independent 60s means travel going south for the winter. But whatever independent 60s means to you, the thing to do is to stop wishing and hoping for it and start doing something about it right now. Start by investigating the independent 60s plan offered by the Equitable Life Assurance Society of the United States. Well, sounds fine if a man can afford it. But what am I going to use for money? Well, if that's all that's holding you back, Tom, then your Equitable Society representative has a very pleasant surprise for you. He'll work out an independent 60s plan that's geared to your present income. Actually, if you're between the ages of 30 and 45, and covered by Social Security, you'll be amazed how little this Equitable Plan costs, considering how much it does for you. At any rate, it costs absolutely nothing to find out. Your Equitable Society representative will give you the facts and figures on the Equitable Independent 60s plan. Get in touch with him soon, or write care of this station to the Home Office of the Equitable Society. That's E-Q-U-I-T-A-B-L-E. The Equitable Life Assurance Society of the United States. Now back to tonight's file, the three-way frame-up. Tonight's case from the files of your FBI graphically illustrates one important point, and that is that in the mind of the typical criminal, loyalty is a word which means being friendly with the winner. Past friendships, marital ties, alleged love. None of those count for anything in the torturously warped brain of anyone who tries to make his livelihood outside the law. The files of every large law enforcement agency, like your FBI, is liberally studied with cases in which brother has turned on brother, in which child has turned on parent. The only things which govern a criminal's behavior are what's in it for me, and who can I frame? As Mr. J. Edgar Hoover, Director of the Federal Bureau of Investigation, has pointed out, one of the reasons for the present day high crime rates is the failure on the part of too many citizens to assume the responsibilities of citizenship. Part of your job as a citizen is to see to it that your local police department is well enough manned and financed so that it can do the job it wants to do so that it can help drive the criminal out of business. Tonight's file continues at the local FBI field office. You look disappointed, Jim. I am. I thought we were going to close this case when we located that warehouse. Did you find anything there? No. When we got there, the place was empty. Doesn't sound like the truck driver told the truth. No, I think he's leveling with a psych. But it doesn't make sense that a drop as big as that one could be empty at any time. Not unless somebody just emptied it. Well, the only reason for doing that would be because the owner knew we were on his trail. Maybe he did. Maybe he guessed that his driver would talk. I checked at the Hall of Records on the place, Jim, and that's not much help either. Whose on record is being the owner of the place? An outfit named the ABC Corporation is the last C of the property, owned by a GE Robertson as president. Have you contacted Robertson? There is no such person. It's a fake name. Another one, huh? Well, maybe the watchman was right. He told me a man named Bob Nelson had been there earlier and said that he was the new boss. I know that name, Jim. So do I. I'm having the record section, send us everything they've got on him. Maybe we can get a lead from that. The owner of the property that the warehouse stands on is the Don Allen Company. Don Allen Company? They're a legitimate outfit. How did they get mixed up with this? I don't know. Neither did they. They said that they were paid rent every month by the ABC Corporation and never investigated what was going on at the warehouse. It's too bad. If they had, maybe we could have broken this ring a lot sooner. Jim? Oh, yes, Carl. What is it? From the record section. Oh, thanks, Carl. Let's hope this is it. Looks like Bob Nelson has a pretty long record. Yeah, he sure has. Hey, Ike, take a look at this. There's an arrest for selling stolen goods. Sounds like he could be our man. Let's send out an alarm on Nelson right away. Yes, Helen. Thank you for coming in the pool again, sugar. No, I've had enough of the day, honey. This, uh, this desert air starts to get chilly. All right, then. Oh, I'll give you a hand. Oh, thanks. Oh, join me off, will you? Oh, sure. I wonder what time it is. Oh, it's five... Hey. What? You forgot to remind me to take my pills. No, I didn't. Well, where are they? I haven't got them. Well, did you leave them in the cottage? No, I threw them away. Threw them away? Yes. I got sick and tired of playing second fiddle to an ulcer. Oh, but Helen, I... You brought me here for a vacation, sugar, not a rescue. But I need those pills. Oh, Georgie, that's just your imagination. If you take pills, you think you're sick. If you think you're sick, we don't go out. We came to the desert to have fun. We swim every day. You go shopping for clothes. Well, I want nighttime fun. I want to ride out in the desert, visit the sheeps. Honey, there are no sheeps in Arizona. Well, then take me dancing. Aren't there places for that? All right, honey. We'll go dancing tonight. We've got Bob Nelson in the watchman from that warehouse outside. Oh, good. Ike, will you send Nelson in please? Right. Oh, and Ike, while I'm interviewing him, why don't you see what you can find out from the watchman? Then we can compare stories later on. All right, Nelson, this way. Here he is, Jim. Thanks, Ike. Sit down, Nelson. Okay.  That remains to be seen. I'd like to ask you a few questions, Nelson. Go ahead, ask me anything. Why did you tell the watchman at the warehouse that you were the new boss? I didn't tell him that. I told him I was running things while the boss was away. You were working for somebody else? That's right. Joey asked me where he is. I'll tell you, I don't know. He said he was sick, had to go away. So he went away with my girl. Was he sick? I don't think so. But he was always used to make out he was dying. He had pills to take care of everything. How about that list of contacts the police found in your hotel? Hopkins gave them to me. They're even at his handwriting. Then you knew the warehouse was a drop? Sure, I knew it.  Ask the watchman if he don't believe me. I will. Yes, Jim. Did you ask the watchman how long Nelson had been running a place? Yes, I did. He said he never actually ran it that we moved in before he had a chance. There, you see? Did the watchman know where Hopkins had gone? No, no he didn't, Jim. Maybe he can find out from his wife. Where is she? We've got an apartment at 108 West Owens Avenue. Okay. All right, Nelson, we're going to hold you for further questioning. How long? We'll locate the commissioner and arrange you. In the meantime, Mike, let's get a warrant. Go over and talk to Mrs. Hopkins. Certainly emptied every room thoroughly. Yeah, they sure did. I wonder how Ms. Hopkins found out where her husband was. I don't know. All she told him down at the desk is that she was going to visit him. Maybe she was running away. Yeah, could be. She left this morning, huh? Well, that's what they said. They said she seemed to be in a big hurry, too. I guess maybe we'd better get back to the office, Jim, and just chalk this visit off as a loss. Yeah, looks that way. What do you got there? Oh, here's some health pamphlets I found on the desk over there. Listen to this for me. You can be healthy at 90. Life begins at 55, too.  He sounds like a worse hypochondriac than we thought he was. He certainly does. He sounds like the kind of a... like. Hey, that might be the answer. What's that? Well, we know he's a hypochondriac, which means he must have a nice, large collection of pills and medicines. That's right. Where do you buy pills and medicines? In a drugstore. Right. Come on, let's check every drugstore in this neighborhood. Georgie, Sugar, you're a wonderful dancer. Oh, thanks.  Yeah. You know, I bet you forgot all about your ulcer, too. Well, Helen, to tell you the truth... May I cut in? Huh? Alice. What's the matter? Aren't you glad to see your own wife? Helen, why did you throw away those pills? What are you doing here? How did you know where he was? I called his tailor. I knew he couldn't go anywhere without letting him know where to send his clothes. Aren't you ashamed of yourself, young lady, running off with my husband? Oh, stop with that stuff. What about you and Bob Nelson? I got the whole rundown on that one. We're all finished. So are we. $25,000 or do I go to the cops? People are looking. I don't care. Besides, it's impolite to discuss money matters in public. Alice, Alice, walk around the floor to our table. We'll dance over to meet you. All right. Come on, Helen. Sugar, you're not really going to give her $25,000, are you? Of course not. I'm going to have her come down to the cottage with us. When we get her there, we'll lock her in the closet and blow. Oh. Shh, quiet. What do we do now? We'll get down to our cottage and talk, Alice. First, though, I've got to pay our check. Waiter. Oh, waiter. Better call for the lawyer too, Mr. Hopkins. Who are you? I'm a special agent of the FBI. I've got a warrant here for the arrest of all three of you. George. I guess I shouldn't have thrown away those pills. George Hopkins received a 20-year sentence for a theft from an interstate shipment. Robert Nelson was sentenced to 10 years and the two women to five years each under the same statute. The clue which led your FBI to George Hopkins came after a check of the drug stores in Hopkins' neighborhood. One of them revealed that he had just ordered a refill on several prescriptions written by a Dr. Elliott. Locating the doctor was a simple matter and since every hypochondriac notifies his doctor of his every move, the two special agents were able to find out where Hopkins had gone. A quick trip to the resort brought the results you have already seen. The arrest and subsequent conviction of all the criminals involved. When your FBI closes a file like this, a file that has been a major irritant for some time, there is the very human temptation to relax and to enjoy the fruits of victory. But every special agent has been trained to realize that relaxation is not a part of law enforcement. Stop fighting crime for one day and the crime wave will wash away the hard-won victories of a month. It may be true that there is no rest for the weary, but it is even truer that there is no rest for the members of your FBI. Special agents who have learned that the price of successful law enforcement is the same as the price of liberty. Eternal vigilance. In just a moment, we will tell you about next week's case from the files of your FBI. Now, three final questions on the Equitable Society's independent 60s plan. Mr. Keating, I'm 28 years old. Is that too young to start one of these plans? Your equitable representative will tell you that the sooner you start, the less the plan will cost you each year. But what about the life insurance I already have? Your equitable representative will show you how to integrate it into your plan. What income will it give me in my 60s? Your equitable society representative will give you the exact figure. Either get in touch with him soon or send a postcard care of this station to the Equitable Life Assurance Society of the United States. Next week, we will dramatize another case from the files of the Federal Bureau of Investigation. A telling story that underlines the nation's number one law enforcement problem. It's subject to juvenile delinquency. It's titled The Remorseful Runaway. The incidents used in tonight's Equitable Life Assurance Society's broadcast are adapted from the files of the Federal Bureau of Investigation. However, all names used are fictitious and any similarity thereof to the names of persons living or dead is accidental. Tonight, the music was composed and conducted by Frederick Steiner. The author was Jerry Lewis. Your narrator was William Woodson and special agent Taylor was played by Stacey Harris. This is your FBI as a Jerry Divine production. This is Larry Keating speaking for the Equitable Life Assurance Society of the United States and the Equitable Society's representative in your community. And inviting you to tune in again next week at the same time when the Equitable Life Assurance Society will bring you another thrilling story from the files of the Federal Bureau of Investigation. The remorseful runaway on this is your FBI. The hungry people of Europe must be fed. You can help feed them. Send $10 to CARE, C-A-R-E, New York. Do it today. This program was transcribed. This is ABC, the American Broadcasting Company.


Good evening. I'd like to call to order the third regular meeting of the 2019-2020 Common Council. Will the clerk please read the quote for the day. Thank you Mr. Mayor. The grass is greener where you water it. So appropriate for this season. Next item is roll call. There are eight present. Alderperson Mitchell and Phillips are both excused. Please stand and join me in the Pledge of Allegiance. Pledge allegiance to the flag of the United States of America and to the Republic for which it stands one nation under God indivisible with liberty and justice for all. Next we'll go on to approval of the minutes from our last council meeting. Alderperson Wolf. Thank you Mayor. I make a motion to approve. Thank you for that motion in support. Is there any discussion on the minutes? Seeing none. All those in favor please signify by saying aye. Aye. Opposed? Motion passes. Next item is a presentation of our first quarter of 2019 strategic action plan items and critical measurements by City Administrator Daryl Hoffland. Thank you Mayor Van der Steen. Again I appreciate the work that's been done and help in putting this together for your information this evening. City Department heads as well as Cary Aaron's assistant to the City Administrator did most of the work. So thanks again for all your hard work. As in the past a quarterly update is provided to you. It consists of action items as well as benchmark measurements. The six focus areas for the 2017-2021 strategic plan include quality of life, infrastructure and public facilities, economic development, neighborhood revitalization, governing and fiscal management and communication. And again I will attempt to hit the high notes. Again some of the projects are multi-year in nature. As you can see there is notation where in fact projects specifically action items are postponed until 2020. Again a lot of the work would not happen without collaboration between departments as well as with community partners. When possible the city staff attempts to leverage intergovernmental resources including financial contribution as a way to stretch the local property taxes as much as possible. We do appreciate public feedback as we make improvements as well as welcome suggestions for modifications. The city has begun an effort to provide comparative benchmarking with other municipalities to verify that our efforts remain fiscally responsible. Again that is through a website. You can find that under the city administrators section of the website where we have comparisons between like size communities. First action item is quality of life. Fire response of 38 seconds or less. We're at 91% of our goal. This compares favorably to the level again same first quarter 2018 of 89%. Residents who feel safe or very safe walking after dark we are at 86% of our goal. Our benchmark is 80% of the response on the last survey indicated 68% responded that they do feel safe very safe so we're at 86% of our benchmark. Regarding part one type crime which are violent crimes. We are through the first quarter at 29% with an assumption that 100% is for the total year. The 0.77 is the same exactly the same as we were in 2018. Regarding part one crime rate for property crimes the 3.10 per 1000 population is actually lower as similar quarter 2018 where that amount was 3.26. 215 pounds of prescription drugs were collected again this is through the first quarter. As you're aware just a couple weeks back there was a major collection I think take back drug day so that information will be part of the presentation that will provide as part of the second quarter update. We have nine neighborhood associations as part of the neighborhood leadership cabinet. This is in line with the benchmark goals. A hundred literacy or citizenship public events have been held to date. For shoreline metro fixed routes 18.6 trips per revenue miles 15 is our goal so you see we exceed that 120% for all of 2018 that amount was 15.38 so again we're exceeding substantially the amount compared to a year even a year ago. In the last couple weeks celebrated Tree City USA and Arbor Day was held recently. As you're aware the city is 41 consecutive years of receiving this recognition that is the best in the state of Wisconsin. Under infrastructure and public facilities again through the first quarter we received three fixed route buses. Subsequent to that we've received two additional so we have received all of our buses in 2019 5.5 plan 5 delivered year-to-date. Managed City Hall renovation project last report from Public Works Director David Bebel. 80% fairly close to the finish line. Police report that we are on budget and again a planned move-in date is mid-June. Developed citywide long-term stormwater management program we're working with the consultants we're 40% through so a full report will be discussed later this year with a recommendation possibly for the 2020 budget. Continue implementation of the Sheboygan A's complex improvements you see we're close again to the finish line on this we're at 98%. Our work has been more directly associated with the lights but also coordinating with them on the new party deck as they plan their opening game soon. Economic development continue to visit with visit Sheboygan for recreational city green programming. Transform former capsule property into innovation district 15% as you as you know the city's done a lot of planning. We've also worked with property owners as far as acquisition. We're currently in discussions with the developer on a multi-story building and as you also know we're in the planning process for constructing an on-grade parking lot to support that development and other developments in the area. A developed master plan for Mayline West Sheboygan River District again working with Grafe on that plan more to come in the next several months. The next is room tax and again I'm going to be providing you with final numbers for 2018 due to the reporting and receipt timetable. Typically the city receives money roughly two months after the close of a quarter so it's easier for me to provide you with information for totals for for a calendar year. In 2018 738,000 in change or 134% above the benchmark goal this compares favorably to the 2017 where a total of 585,975 was received. Both of these totals exclude room tax from Blue Harbor as as you know the debt was paid off on the Blue Harbor Conference Center in 2018 so the 2019 information that you will receive soon will include room tax generated from Blue Harbor so look look for that in a future report. Next focus series neighborhood revitalization again continuing to work on baseline data and target neighborhoods. Again through better mapping and tracking we're becoming more sort of efficient in in staff's work. We're 50% through the target areas for 2019 and my recollection is that we are taking on additional neighborhoods in 2019 compared to the same a year ago at this time we were not able to select and work through as many neighborhoods. Next is maintain neighborhood beat officer positions. We're funding funded at two beat officers that's a 75-25 federal government grant and that grant is good for three years 2019 to through 2021 so that money has been secured. Organizing annual spring cleanup event in partnership with the public works some of you if you're part of a neighborhood that belongs to association you've had this door hanger typically identifies upcoming meetings as well as a large item disposal program so again if you did not receive one of these most likely you did not live in a neighborhood that has an association this is one of the benefits or incentives to working with your neighbors to become part of an association. The large item disposal program has I think we're two weeks in and we'll continue through the first weekend in June. Abandoned vehicles that are towed I don't know if this is good or bad but we are below same quarter last year 34 year to date again through the first quarter same time as last year 51 vehicles had been towed. Garbage complaints again first quarter 2019 98 complaints investigated cited a year ago 264 so again hopefully our neighborhood neighbors are respecting their neighborhood and keeping those complaints to a minimum. Next focus area is governing and fiscal management develop a succession plan for all management positions that has been completed continue providing detailed budget documents to residents and submit to the government finance officers association for review this document fact was submitted to GFOA at the end of January typically we receive results in August or September. Munis which is our major software for accounting for payroll the salary and budget module we're near completion as far as implementing that clearly timing wise we're gearing up for the development of the 2020 budget and this module will allow staff to be more efficient and more accurate in developing numbers communication is the last six and last focus area continued steady increase in users of all city social media outlets were a hundred percent over on all of our categories similar to 2018 as you recall in 2018 we actually sent out two community surveys one I think in February and one end of November along with ARPs support 1277 responses were received that compares with the earlier survey in 2018 which was 1187 so our at a benchmark of 1100 were 16% above that last benchmark I'm reporting for you is six fire department community events have been held this year that compares to one a year ago at this time any any questions or comments Alder person born Daryl with the munis with the munis implementation is that a combination of training and or the actual software or hardware you know why are we've had that for a number of years right the munis software there's multiple modules at the city has I think this one in fact I think we had it but never implemented it again with some of the challenges we had in developing prior year budgets we felt that there had to be an easier way especially since we use munis for our payroll system so instead of having a separate or replicated spreadsheet through Excel as example the thought is let's go ahead and use the payroll information that we have and just sort of translate that in into a budget document it required us to change how we sort of operated it changed as far as making sure that we had up-to-date personnel information inputted into the software so I think there's at any one time there's probably been seven or eight staff that's been involved in training or assisting others and better understanding the need and as far as improving the input of information and again we're ultimately discussing what the outcome or output will be down the road and how it will benefit really all departments in addition to HR is that recent seminar that the employees attended down in Texas is that going to help to expedite this process yes there was additional training held in Dallas in addition staff that did attend that conference were able to receive updates regarding some of the other modules that they're responsible for and as in at many conferences as you know it's a lot about networking especially talking with fellow munis users in Wisconsin knowing that our accounting system some of the our payroll costs and structures are very similar so developing that those relationships were very important thank you thank you very much for that presentation next we'll have another presentation of the 2017 gfo a certificate of achievement for excellence and financial reporting for the city of Sheboygan by finance director Marty Halverson good evening so tonight I'm pleased to present to mayor van der steen and the city of Sheboygan an award from the government finance officers association of the United States and Canada commonly referred to as gfo a this award is a certificate of achievement for excellence in financial reporting the document that was submitted for consideration is the comprehensive annual financial report also known as the caffer this award reflects the commitment of the common counsel and staff to meeting the highest principles of government financial reporting in order to receive the award the city had to satisfy nationally recognized guidelines for effective financial reporting and presentation the document and this award reinforces the city's strategic plans focus areas governing and fiscal management and communication the city's goal is to provide open and transparent financial documents that empower its residents staff and officials to make informed decisions regarding the future needs of Sheboygan this is the fifth year gfo a has bestowed the city with this recognition and Sheboygan is one of 32 municipalities in Wisconsin to have received this award I'd especially like to thank the finance department staff for their hard work and dedication along with the city's department heads and city administrator Darrell Hoffland for their collaboration with the finance team in achieving this award thank you I'd like to take this opportunity to thank finance director Halverson for all the great work that he's done and also administrator Hoffland for the leadership he's provided in making this happen next item on the agenda is public forum do we have anyone this evening no one this evening okay thank you I'd like to ask Patrick Boyle from the Sheboygan County food bank to please step to the podium we have a proclamation for letter carriers food drive day this proclamation whereas every year on the second Saturday in May letter carries across the country collect non perishable foods as part of the nation's largest one-day food drive distributing the donations to local food banks and whereas the letter carriers stamp out hunger food drive is just one example of how letter carriers work to make a difference in the lives of those that they serve since the pilot drive was held in 1991 more than 1.67 billion pounds of food have been collected and whereas we recognize all letter carriers for their hard work their commitment to their communities all of the food collected for our community stays in our community we support the letter carriers efforts to help those in needy in our community whereas we also recognize the noteworthy milestone of 27 years that the national letter carriers food drive celebrates in 2019 now therefore I'm like van der steen mayor of the city of Sheboygan to hereby proclaim Saturday May 11th of 2019 is letter carriers food drive day in the city of Sheboygan we encourage the residents of our community to support the food drive by placing non perishable food items in or near your mailbox on food drive day your letter carrier will pick up while delivering the mail and all together we can help to feed our hungry so I'm pleased to present this to Patrick Boyle and recognize all the work that the food bank does in this effort thank you mayor van der steen and the common council for your interest today and willingness to help our neighbors by reading this proclamation tonight in support of the letter carriers stamp out hunger food drive like many places in the world in the United States I'm here to tell you that hunger is a real problem in Sheboygan and it runs probably deeper than you think it's estimated that about 10 to 11 percent of Sheboygan residents struggle with food insecurity and hunger people suffering from hunger are elderly the elderly who are not able to work any longer many live on living on very fixed incomes people struggling with mental illness people have lost a job or struggle to remain employed veterans college students people with big medical bills and the list continues you just never know what people are challenged with the food bank acts as a safety net for people in need to help them and our job is to to really elevate them and get them back on their feet and treat them with the utmost utmost love respect and dignity that they deserve the food bank has been around for 37 years but up until a few years ago we were Sheboygan County's biggest secret I think but thanks to our generous donors we now occupy a wonderful 10,000 square foot facility on the north side of Sheboygan this is the old Nemshoff factory if you're familiar with the area we serve about 3,000 families per month through our emergency food network and we distribute 71,000 pounds of food per month to 15 food pantries community meal sites and shelters it takes a team and extensive collaboration and coordination to run a successful food bank and to fight hunger every day here in Sheboygan speaking of fighting hunger besides supporting the food bank with financial support as the mayor just read if you'd like to help we have our largest single day food drive coming up it's called stamp out hunger on May 11th you'll notice yellow bags on your mailbox this week they're going out this week you probably haven't seen them yet probably about Wednesday this week you'll see them so if you fill that bag with non-perishable food items placed in the bag by that following Saturday morning the mail May 11th coming up the postal carriers will pick it up take it back to the food bank and we really appreciate it and I just wanted to reiterate our appreciation to the post office for their hard work and efforts in fighting hunger they really really do a great job and we're really appreciative of it so thanks again to the mayor city administrator, comic council and everybody in Sheboygan for helping to support the food bank. Thank you working on it. Next, I'd like to call up our city clerk, Meredith DeBruin, a proclamation whereas the office of municipal clerk is a time honored and vital part of our local government and exists throughout the world and whereas the office of municipal clerk is one of the oldest among public servants you can see she's rather young though whereas the office of municipal clerk provides the professional link between the citizens and local government bodies and agencies of government at other levels and whereas municipal clerks have pledged to be ever mindful of their neutrality and partiality and rendering equal service to all and whereas the municipal clerk serves as the information center on functions of local government and community and whereas municipal clerks continually strive to improve the administration of the affairs of office of municipal clerk through the participation in educational programs seminars workshops and annual meetings of their state provincial county and international professional organizations and whereas it is the most appropriate that we recognize the accomplishments of the office of municipal clerk and whereas municipal clerks week is celebrating the 50th anniversary of this recognition in 2019 now I therefore Mike van der Steen mayor of the city of Sheboygan to hereby proclaim the week of May 5th through the 11th of 2019 as Mississippi clerks week and Sheboygan and further extend an appreciation to our city clerk Meredith de Bruin her team including Melissa Clevenger Cheryl Smith and Julie Wike and to all municipal clerks for the vital services that they perform and the exemplary dedication to the communities that they represent please present this to Meredith de Bruin and next I'd like to bring up Department of Public Works director David Bebel this proclamation whereas the public work services provided in our community are an integral part of our citizens everyday lives and whereas the support and understanding of informed citizens three is vital to the efficient operation of the public work systems and programs such as water sewer streets highways public building solid waste collection and whereas the health and safety and comfort of this community is greatly dependent on these facilities and services and whereas the quality and effectiveness of these facilities as well as their planning design and construction are vitally dependent upon the efforts and skills of public works officials and whereas the efficiency of the qualified and dedicated personnel and staff who and public works departments is materially influenced by the people's attitude and understanding of the importance of the work that they perform now therefore I might van der steen mayor of the city of Sheboygan do hereby proclaim the week of May 19th through the 25th is national public works week in the city of Sheboygan and I call upon all citizens and civic organizations to acquaint themselves with the issues involved in providing our public works and recognize the contributions which public works officials make every day to the health safety and comfort and quality of life in Sheboygan David I'm proud to present this to you and your staff and I think you have a few words about a special event for us sure please go ahead thanks mayor as in celebration the national public works week we're going to host our DPW open house Saturday May 18th from 10 a.m. till 1 p.m. at the municipal service building as well as our wastewater treatment plant so it's an open house opportunity for the public to come down get a little behind the scenes tour and get up close and personal view of some of the work we do in the equipment and meet some of our staff tonight we just have some of the staff some of the team members Ryan sasma our city engineer Jason blazeola our street superintendent and sanitation as well as rick nye manager and supervisor of our fleet and maintenance of equipment maintenance so we really encourage the public to come out learn a little bit more and as well it was quite a kind of a nice segue we are also holding a food drive so we're encouraging citizens to drop off food non-perishable food items that will be donated to the food bake so if and for some odd reason you missed your postal service pickup you can bring it down the next week to the service building we'll be happy to collect it and donate it as well to the food bank so thank you very much just a couple other announcements we had a great beach and street cleanup day on saturday thanks to all the residents that participated in this cleanup they really helped to make a difference on shabuigan's lake shore by participating we had four sites general king beach the land park beach north point park and broken drive and we thanks go to the adoptive beach program which is supported by the lake shore natural resources partnership the shabuigan river basin partnership the friends of peace park the friends of north point the king park association the memorial neighborhood association and thanks to the adoptive street program and the work of the shabuigan rotary club next is the peace park committee is having a plant sale they're trying to make way for our new sister city gardens at peace park so they'll be planting some some new garden beds with things that reflect items that come flowers that come from germany and around estling in as well as japan for sabami and these items that were planted there before removed and they'll be part of their plant sale and that'll be taking place on may 10th and 11th from nine to four at 28 29 eerie avenue and most plants will be about five dollars and then this coming friday we're having a bike with mike program i'm hoping that residents will come out and get on their bikes and you get started riding this season we've got a program that we put together with the national bike challenge if you go to a site called love to ride dot net you can sign up to be a member of the shabuigan team and download the ride report app on your phone and it'll track all your mileage and and we'll collect that information for all the people that are participating the ride is going to start at 5 30 at the veterans memorial near the water tower and they'll proceed east along eerie avenue and then we'll be going north on the shoreline 400 trail and we'll end at three sheeps tap room and while the remodeling for city hall is on schedule we didn't allow enough time for the installation fine tuning and training on some of the new technology in the city council chambers so we're going to move our city hall move-in date back to the first council meeting in july so now we're looking at 56 days until be able to move back into city hall for our council meeting thank you grumble made it this far okay next item is the consent agenda it's a motion to accept rather that will include items two point through through 2.11 all the person wolf thank you mayor i make a motion to accept and file all our o's accept and adopt all our c's and pass all resolutions and ordinances thank you for that motion and support is there any discussion on any of the items in the consent agenda seeing none will the clerk please call the roll eight eyes motion passes under reports of officers item 3.1 is RO number five of 1920 by director of planning and development submitting a report from Chad Pellecek noting acceptance of an additional 20 000 dollars in sponsorship contribution towards the 2019 city's freedom fest celebration from plan co all the person wolf thank you mayor i'd like to make a motion to accept and file thank you for that motion and support under discussion all the person wolf thank you mayor i would like to to say thanks to the plan co company for stepping up and sponsoring the full event of the 2019 city freedom fest celebration it's it's a big deal with economic times with all the tariffs going on that plan co was able to step up and and donate the other 20 000 dollars thank you for those comments any other discussion seeing none all those in favor please signify by saying aye opposed motion passes items 3.2 through 3.8 will be referred to various committees under resolutions items 4.1 and 4.2 will lay over items 4.3 through 4.10 will be referred to various committees and under reports of committees item 5.1 is rc number 274 of 1819 by licensing hearings and public safety committee tumors referred resolution number 183 of 1819 by all the persons wolf and donahue dissolving the sustainable sheboygan task force and recommends approving the substitute resolution all the person sorenson mayor i moved to hold the document is there a second thank you very much the item is being held our sustainability coordinator chad pelichek is still looking for a suitable replacement to a citizen committee and he hopes to have a report by our next meeting so thank you very much all those in is there any other discussion seeing none all those in favor of the motion please signify by saying aye opposed motion passes item 5.2 is rc number 4 of 1920 by the finance and personnel committee tumors referred direct referral resolution number 4 of 1920 by all the persons donahue and borne authorizing city officials to negotiate and enter into a development agreement between van horn development llc and the redevelopment authority of the city of sheboygan rda and the city of sheboygan with regard to the former kingsbury property located an approximately 2.49 acres south of wisconsin avenue and west of north 10th street and recommends approving the resolution all the person donahue thank you for that motion in support is there any discussion on the motion city attorney are we all good with the language okay seeing no discussion will the clerk please call the roll eight ayes motion passes under general ordinances item 6.1 through 6.3 will be referred to various committees and under other matters authorized by law city attorney charles adams 7.1 is an arrow by the city clerk submitting various license applications for the period ending december 31 2019 june 30 2020 and june 30 2021 that'll be referred to the licensing hearings and public safety committee all the person wolf thank you mayor i make a motion to adjourn thank you for that motion and support all those in favor of adjournment please signify by saying aye opposed motion passes we'll stand adjourned thank you for your time tonight


But if you're using sublimation paper your colors need to be popping off Yo, what's up everybody? Welcome back to the channel. Hope you all have a great day today Anyways, so if you saw the thumbnail have a little issue About the colors popping off the printer. All right and Not everybody's tech savvy and everything but first we needed for in order for our colors our sublimation colors Even though it's getting print on a sub or getting print on whatever other materials that you use That you may have You know, you want to make sure you calibrate your computer whether it be a laptop, you know your monitor desktop and it could be for Windows or Mac You know, they're pretty much one on the same lines. All right So I'm just gonna show y'all real quick. This is what came out So did a couple tests So that looks faded. I'm not sure y'all can see it. That's not good Now that's five. This is this is how it's supposed to be. All right So we're gonna just jump on the computer real quick So this is what we're looking for probably spell it wrong, but it's calibrate display color That's what you want to find. That's what you can type in Let's click on that and It's gonna bring up to this screen and You can read the information for yourself not trying to make this a long video and on the bottom right it's the next button and If you want to find out how do I calibrate my display? There's a little blue Link it'll take you to another window and you can read further So if you hit next gives you more information hit next Set up your good gamma right here. It's the middle. So if you go to next you can adjust your screen and if you unsure About the gamma you can always go back Look at the good gamma go forward and adjust as needed Click next talks about the brightness So if you're On a laptop like me Windows 10 Brightness change brightness level So you'll find your brightness level Right about here change brightness built but going back to the gray screen you'll hit next and They'll talk about good brightness. So you want the middle one? if you go back You can skip it But this is all to your discretion But if you want to make sure your color is coming out, right? Let's go ahead and calibrate everything So this is where you adjust your brightness. So you can go back to your settings minimize it and Play around until you see the X. All right, so leave on that 88. That's how I had my setup click next now for the contrast for My situation I cannot adjust my contrast So it might vary for the Mac. It might vary for the desktop So you can click next and adjust it keep going through the steps Now with the colors right here. They're going to show you this color scheme Read the information and you can adjust your colors as needed. Okay, whatever suits your eyes, but you still want to make sure everything is matching up and To adjust the color color balance if you're unsure just click the back button click next and you can play with these settings here Okay But I'm leaving mine like that click next Now the previous calibration is going to take you to whatever these settings was before the current cab Calibration is what you have done right now So I'm just gonna go ahead and hit cancel because I'm good to go and you should have a brighter screen more color details Now we're gonna go back to the settings All right, you're gonna find your printers now You can pause as needed so we're gonna start with the workforce We're gonna click on the 70 40 or the 70 20 the workforce hit manage And you want to follow the yellow mouse. I'm moving a little fast But you want to click on printing preferences. All right. This is what you want So I'm gonna click on the a sub 11 by 17 You will always going to load it in the paper tray anything bigger than eight and a half by 11 is going to be in the paper tray But go ahead and pause copy these settings. You want to make sure it's borderless Premium presentation matte Quality is high Okay print preview is optional go to more options Everything is grayed out because you pick borderless Okay, color correction is custom Click on advance color controls Epson vivid You want to click the slide bar and this copy these down to pause and copy Scion magenta science to magenta negative 20 yellows 15 click okay Now the difference is with this setting. We're gonna uncheck by directional printing Okay, see where my my yellow cursor is that? that has to be uncheck and for any sub sublimation paper you want mirrored, okay now if you Flipping your design on your software, then you can uncheck it, but for the most case mirrored image And before you do that Click okay. You want to click on add remove preset See the where the yellow cursor is that? Click on that type in your name a sub or Whatever sublimation paper you're using You can put the document size You know paper tray as a reminder Whatever you want to name it Then you can pick a different icon if you want to and then click save underneath date and time Once you save it, it should pop up like that Okay, then you can close it out. I'm just gonna go back and delete that Now I'm going with the heat transfer paper The photo paper direct, okay, I'm gonna click on this preset Now if you got 11 by 17 could set to Okay It's copy these settings borderless Now for the paper type High quality plain paper. You want that on high? All right print previews optional and it's going to be the same settings. All right custom events All that good stuff make sure by directional printing is off mirror image is unchecked Then add your preset heat transfer paper You can always pause and go back and then click save Okay, and that's how you do that. Now set one you can use that for regular Sublimation paper So, you know, you got many options with the workforce. All right Now for the equal tank anybody has equal tanks. That's not printing more than eight and a half by 11 We'll click manage find your equal tanks printing preferences. All right for the a subs eight and a half by 11 borderless uncheck print preview more options It's going to be the same set of scion magenta yellow All right, make sure to slide bar epsom vivid pause video and save uncheck high speed check mirror image add or remove sub paper sublimation Whatever you want to name it Now for the heat transfer paper This option right here You want eight and a half by 11 borderless. All right, you want plain paper bright white paper Again, this is for the heat transfer paper PPD Video that I did you want more settings What you want is high quality. So if it's over here at speed You want to move it all the way to the right It's gonna print slow, but it's gonna be worth it because you want all the ink to lay on the the heat transfer paper Click okay, and everything else is the same. Okay Everything else is the same uncheck high speed uncheck mirror image add your preset heat Transfer paper PPD good to go click save and You're good Now I'm gonna show you about the printer as far as fixing the problem here. Oops So what I did I went to maintenance All right, excuse me. I'm doing this one hand. So I went to maintenance. It's not touch screen This one had the problem So once you do the print head cleaning, right? You can click. Okay.  It's gonna ask you to do a print out And this is the print out For the equal tank now I wasn't getting any kind of red But now it's printing red. I Just went ahead and did it anyway now right here for the workforce did the print out and This is what's popping right now So that little line right there. It's not gonna make you make it or break it your design So that's pretty good.  So I did three of these and I did about four of these already kept the paper jam, but It looks pretty good print print Equal tank preferences. He transferred paper Okay, print about that. I don't know why it's showing that But if you want the colors to be popping like this This was printed out a sub on the workforce Okay, got some light on it Now this is this is the heat transfer paper, right? It's the PPD. So this is what happened earlier but compare it to Sublimation paper This is gonna come out more vibrant. All right, but we're still gonna do a test So I'm gonna do the a sub right now same printer a sub paper versus the heat transfer paper preference Got the a sub Okay, and print. All right So you see the registration marks? This is from The workforce This is from the equal tank. See how they matching up. This is a sub paper Just so you know Okay, it's a sub That's a sub Okay This is heat transfer paper This is the PPD So it's going to come out a little bit more different on here because it's different. It's a different base So you just got to keep that in mind, but if you're using sublimation paper your colors need to be popping off like this So if you got to go through your maintenance if you got to run this Two three up to five times then you got to do it. I ran this about five times So I hope this helps, you know calibrate your screen that way you can see what you're putting out Also, you know, it's good to clean out the head on the printer That way your designs will come out popping. You know, you may have to do it More than a couple times So this follow the instructions takes about a few minutes do the print out things they matching up Keep cleaning it So y'all stay blessed. Stay true. Catch you on the next video. I'm out


So we're going to feature some horns now. Just when you thought I had one song about my mom, no, I got more than that right now. This one's called Mama No. What she says is the Bible, so don't you mess, yeah. Mama's got every single cat every... And Nectar's gig about 20 years ago. And Nectar says, chat, chat, come here, come here, sit in the booth with me. It was a big moment. He still had his apron on, he had just served some gravy fries. Sits me down. It's always these moments in life that somehow stick with me, the others that might be maybe more, a lot more important that don't stick with me. He says, sit down, chat. I said, okay, Nectar, I'm sitting down. I said, then I said, do you know what you need to do? You know these, you know what you need to do, speeches, you're like, oh, Nectar, what do I need to do? He said, you need to do what the fish did, the fish. He said, you need to start playing places and packing them, bringing all these people along. I said, okay, Nectar, that's what I'm going to do. So years later, I'm going to bring...


Good day, fellow investors. Five things anyone that invests in index funds should know. The first thing is investing in index funds is extremely risky. Now everybody is saying that investing in index funds is the safest thing you can do. And here I come and say investing in index funds is extremely risky.  Let's see. This is the SAP500 index over the last 20 years. It went up 106 percent, then it fell down 49 percent, up 101 percent, fell down 57 percent, up 272 percent, and then it fell 70 percent. Oh, it didn't yet fell. But looking at what happened in 2000 and in 2009, it might fall again. Such declines are for me extremely risky, whatever anybody else says. And yes, the stocks have recovered after 2002 and 2009, but those stocks have recovered because the Fed started printing money and putting money everywhere in the economy. Now interest rates are very, very low. There could be a lot, a lot of different experiences in the future, especially if we get to stagflation. Remember the future will rhyme, but it will just rhyme. It will be different in some way from the past. However, let me state that investing everything you own in index funds is extremely risky. Better diversification is necessary than just index funds. You can take a look at the all weather portfolio video I have made to see what a strategy all weather is and how it differs from index fund investing. As I said, the stock market doesn't recover always and immediately. Those who invested in 1921 had to wait 31 years for the SAP 500 to come to the level that it had been in 1929. Similarly, if you adjust the returns for inflation, which is something very important to think about, you would have waited 65 years from 1926 or 66 years from 1929 to just break even. From 1964 you would have waited 30 years to break even and from 2000 you would have waited 17 years to break even on your investment. Now we are eight years in a bull market. From my perspective, just my personal perspective, there is a huge risk that you might again wait 30 years to see the SAP 500 again to break even at this level. It is possible. Nobody knows what will happen. However, that is a risk. Therefore, I say investing just in index funds is extremely risky. However, there is one strategy that makes index fund investing less risky and that is dollar cost averaging. So you invest a fixed amount of money or a fixed percentage of your income into an index fund, no matter what happens in the stock market, no matter what happens in the economy, and you constantly invest that money in the very long term over your 45 year working career. After 45 years, you will be very, very well off. However, that is the only way to invest in index funds properly with less risk because you will invest, yes, when the index funds are high, but you will also invest when the index funds is cheap. And that cheapness will give you extreme returns over the long term. If you listen to Buffett, he says invest in index funds, but only if you do it consistently over a long period of time. And this means that you also do it before a recession. You don't start saving cash, not investing in order to save something if you lose your job or something like that. So the most important thing is to really invest when there is trouble, when there is a recession, even if you might lose your job. If you don't invest at that point in time, you end up as the average investor. And that's why again, I emphasize how investing in index funds is very risky for the average investor. Here is a table from JP Morgan. You can see that in the last 20 years, the SAP 500 returned 7.1%. However, the average investor got only 2.3%. Where did the 5% yearly return difference go? It went in market timing and buying high and selling low, which is what average investors do, especially those who over invest and don't understand the reward and the risk of index fund investing. So really understand the risk or reward, really understand how much you can invest in it, and really understand that the highest return from index investing comes from dollar cost averaging over time and investing in the worst periods. Second thing, now everybody's saying the stock market returned so much over time, so much, it's the best investment out there. Yes, it was, but it isn't anymore, because the dividends of the stock market index are extremely low now. Look at the historical SAP 500 chart. The current dividend yield is 1.82%. The average was 4% over the long term, and we have had peaks of 6, 7, 8, even 14% in the 1930s, and 6 and above percent in the 1980s in the periods of high inflation. Now 1.82 is really, really low, and that will really have a negative effect for those who invest now in simple SAP 500 index funds that are considered the most safe investment by most, and also recommended by financial advisors, banks and whatever. However, there is a big difference between the past and the current situation. The third thing I want to discuss is that you should use, if you want to invest in index funds, you should use Vanguard funds and not ETFs. ETFs are made for trading and liquidity, and as said before, in the dollar cost averaging section, you want to invest when there is trouble, when there is blood on the streets, and you don't want to have the ability to trade your ETFs.  So really invest somewhere where you cannot touch your money when you're forced to invest there every month, because that's the best way to invest in the long term in index funds. Something very interesting is that if we look at Vanguard and their web page, you can see that they have started changing the investing world since 1976. This means that index funds investing is extremely young when you look from a long-term investing perspective, and that means that it hasn't been tested in a different investment environment. Since 1982, interest rates have been only declining, which means that the value of assets go up. So we haven't really seen and we haven't really tested index investing in an environment of 40 years where interest rates go up and stocks go down. So you might really want to adjust that to your risk reward investment scenario and don't expect that what happened in the last 45 years will repeat itself in the next 45 years. Those who expect that are in for a big, big surprise. This is the SAP 500 from 1982 to 2017. As you can see, it went only up from 100 points to the current 2,600 and what points. So the success of index funds is closely related to the success of the SAP 500 and perhaps even the success of the SAP 500 is closely related to the success of index funds. As always, reflexivity in the stock market is very, very high. The fifth very important thing is that you are not well diversified if you invest just in index funds. You need to have stocks, different kinds of international stocks, real estate, commodities, businesses, private equity in order to give you a good diversification as an especially one that's uncorrelated and one that will give you enough income, passive income to invest especially in the troubled times and then rebalance accordingly in those baskets. Again, look at the old weather portfolio that can be always expanded with other investment classes. Perhaps even cryptocurrencies. Why not? Just to look at the SAP 500, 20% of the SAP 500 is in the top 10 companies and you can see here that five of the top 10 companies are in information technology. So if something happens in the information technology sector, then also it will affect very, very badly the SAP 500. And what is very important, the SAP 500 looks at the market capitalization. So you're always buying high and selling low because you buy now more and more of the biggest companies. You should have bought the information technologies companies in 2008, 2009, 2010 when they were still small. Now, if let's say Tesla succeeds, if you own the index funds, you will be buying Tesla 10 years from now. Now you just have a small, small, small part in Tesla. So it's very interesting how it's not properly diversified, is heavily overweight the strong stocks, the big stocks instead of looking at the smaller stocks that give the better yields. Another thing is that if you invest in index funds through your banker, he will get the fee, which is again a cost that you don't need to pay. If you go online, Vanguard, if you really want to invest in index funds over the long term, dollar cost average, then you can do it without paying any kind of fees. And the minimal, minimal Vanguard fee is 0.04% per year, which is very, very low if you have to invest in index funds. However, make that just part of your investment strategy because of the five points and the risks I have just shown you. Thank you for watching. Looking forward to the comments and I'll see you in the next video.


Let's hear more from John Carlo on how he's feeling right now this hot streak really started right before that Cleveland series Is there anything that happened then like that you can pinpoint like why this just clicked in? I Was I was releasing my swing a little too early. I wasn't staying compact It's just hard to see on hard to see on video, which is why you know, you go look at video and Seem like you have a hole in your bat sometimes, but you got a you got a Just I hit by feel so It was not clearing not clearing so early way in the way in the tick longer Lindsay Adler, please unmute John Carlo you and Marcus and Aaron talked about How you feel like you've improved as a hitter has that been something like a Philosophical change to your to your plate approach or what do you think is different about you as a hitter now versus you as a hitter say in 2018-2019 Well reps, I mean you see you see patterns. I mean by by the All these years in you think you'd have it down but baseball is always a Game of adjustments, so they they adjust to you you adjust back And you just figure figure out tendencies and and what's going to make you most consistent And and sticking with that Go next to Marley Rivera John Carlo in your career, you know, you're very lengthy career at this point Have you ever felt this locked in obviously you have an MVP and you've accomplished a lot Is this the most locked in John Carlos then can be? Yeah, I mean I haven't haven't thrown Throwing in three hit games like this before But yeah, I feel great. I can't tell you if it's the best ever or what have you I'm just Glad I'm here and Gotta work to keep it going And John Carlo, you've been very open about how you know when the fans boo the Yankees How it really just spurs you to perform better What is it like now that this stadium has pretty much just turned all in your favor and it's you know What is it like to play like that? That's huge it fires us up and You know gives it give it sorry gives us that extra boost and Yeah, it's great Bruce Beck, please unmute John Carlo, we talk a lot about your long homers and exit below and stuff like that But you've got five hits the last two nights that are not homers So do you derive as much satisfaction from a key base hit as sometimes you do from a long home run? Yeah, I mean I Whatever it's worth the most runs, you know, I could get a little a little dumper hit worth two RBI's or hit a homerun Worth one, you know the I'll take the two RBI's, you know, especially if it's gonna help the team Win, you know, so the homers are always fun, you know, how far they can go and whatnot So, you know, it's not like I'd rather have a hit than a homer But in terms of winning a game if that's the difference then yes What has it been like these last two nights to get wins against the Astros in this environment huge huge We need another one tomorrow


When we two parted, by George Gordon Lord Byron, read for LibriVox.org by Clayton Smith. When we two parted, in silence and tears, half broken hearted to sever for years, pale grew thy cheek and cold, colder thy kiss, truly that hour foretold sorrow to this. The dew of the morning sunk chill on my brow, it felt like the warning of what I feel now. Thy vows are all broken, and light is thy fame. I hear thy name spoken and share, and it's shame. They name thee before me, a knell to my near, a shutter comes or me. Why were thou so dear? They know not I knew thee, who knew thee too well. Long, long shall I rue thee, too deeply to tell. In secret we met, in silence I grieve, that thy heart could forget, thy spirit deceive. If I should meet thee after long years, how should I greet thee? With silence and tears. End of poem. This recording is in the public domain. When we two parted, by George Gordon Lord Byron, read for LibriVox.org by Aaron Sullivan. When we two parted, in silence and tears, half broken hearted to sever for years, pale grew thy cheek and cold, colder thy kiss, truly that hour foretold sorrow to this. The dew of the morning sunk chill on my brow, it felt like the warning of what I feel now. Thy vows are all broken, and light is thy fame. I hear thy name spoken, and share in its shame. They name thee before me, a knell to my near. A shutter comes or me. Why were thou so dear? They know not I knew thee, who knew thee too well. Long, long shall I rue thee, too deeply to tell. In secret we met, in silence I grieve, that thy heart could forget, thy spirit deceive. If I should meet thee after long years, how should I greet thee with silence and tears? When we two parted, by George Gordon Lord Byron, read for LibriVox.org by Eswa. When we two parted, in silence and tears, half broken hearted to sever for years, pale grew thy cheek and cold, colder thy kiss, truly that hour foretold sorrow to this. The dew of the morning sunk chill on my brow, it felt like the warning of what I feel now. Thy vows are all broken, and light is thy fame. I hear thy name spoken, and share in its shame. They name thee before me, a knell to my near. A shutter comes over me. Why were thou so dear? They know not I knew thee, who knew thee too well. Long, long shall I rue thee too deeply to tell. In secret we met, in silence I grieve, that thy heart could forget, thy spirit deceive. If I should meet thee after long years, how should I greet thee with silence and tears? End of poem. This recording is in the public domain. When we two parted, by George Gordon Lord Byron, read for LibriVox.org by Gemma Blythe. When we two parted, in silence and tears, Half broken arted to sever for years, pale grew thy cheek and cold, colder thy kiss, truly that hour foretold sorrow to this. The dew of the morning sunk chill on my brow, it felt like the warning of what I feel now. Thy vows are all broken, and light is thy fame. I hear thy name spoken, and share in its shame. They name thee before me, a knell to my near. A shutter comes over me. Why were thou so dear? They know not I knew thee, who knew thee too well. Long, long shall I rue thee too deeply to tell. In secret we met in silence, I grieve that thy heart could forget, thy spirit deceive. If I should meet thee after long years, how should I greet thee with silence and tears? End of poem. This recording is in the public domain. When we two parted, by George Gordon Lord Byron, read for LibriVox.org by Justin Barrett. When we two parted, in silence and tears, half broken hearted, to sever for years, pale grew thy cheek and cold, colder thy kiss, truly that hour foretold sorrow to this. The dew of the morning sunk chill on my brow, it felt like the warning of what I feel now. Thy vows are all broken, and light is thy fame. I hear thy name spoken, and share in its shame. They name thee before me, a knell to my ear. A shutter comes over me. Why were thou so dear? They know not I knew thee, who knew thee too well. Long, long shall I rue thee too deeply to tell. In secret we met in silence I grieve that thy heart could forget, thy spirit deceive. If I should meet thee after long years, how should I greet thee with silence and tears? End of poem. This recording is in the public domain. When we two parted, by George Gordon Lord Byron, read for LibriVox.org by Kristen Hughes. When we two parted in silence and tears, half broken hearted, to sever for years, pale grew thy cheek and cold, colder thy kiss, truly that hour foretold sorrow to this. The dew of the morning sunk chill on my brow, it felt like the warning of what I feel now. Thy vows are all broken, and light is thy fame. I hear thy name spoken and share in its shame. They name thee before me, a knell to my ear. A shutter comes over me. Why were thou so dear? They know not I knew thee, who knew thee too well. Long, long shall I rue thee too deeply to tell. In secret we met. In silence I grieve that thy heart could forget, thy spirit deceive. If I should meet thee after long years, how should I greet thee with silence and tears? End of poem. This recording is in the public domain. When we two parted by George Gordon, Lord Byron, read for LibriVox.org by Michael Corley. When we two parted in silence and tears, half broken hearted, to sever for years, pale grew thy cheek and cold, colder thy kiss, truly that hour foretold sorrow to this. The dew of the morning sunk chill on my brow. It felt like the warning of what I feel now. Thy vows are all broken, and light is thy fame. I hear thy name spoken and share in its shame. They name thee before me, a knell to my ear. A shutter comes over me. Why were thou so dear? They know not I knew thee. Who knew thee too well? Long, long shall I rue thee too deeply to tell. In secret we met. In silence I grieve that thy heart could forget, thy spirit deceive. If I should meet thee after long years, how should I greet thee with silence? And tears. When we two parted by George Gordon, Lord Byron, read for LibriVox.org by Mark Smith of Simpsonville, South Carolina. When we two parted in silence and tears, half broken hearted, to sever for years, pale grew thy cheek and cold, colder thy kiss, truly that hour foretold sorrow to this. The dew of the morning sunk chill on my brow. It felt like the warning of what I feel now. Thy vows are all broken, and light is thy fame. I hear thy name spoken and share in its shame. They name thee before me, a knell to my ear. A shudder comes over me. Why were thou so dear? They know not I knew thee. Who knew thee too well? Long, long shall I rue thee too deeply to tell. In secret we met. In silence I grieve that thy heart could forget, thy spirit deceive. If I should meet thee after long years, how should I greet thee? With silence and tears. And of poem this recording is in the public domain. When we two parted by George Gordon, Lord Byron, read for LibriVox.org by Matthew Walton. When we two parted in silence and tears, half broken hearted, to sever for years, pale grew thy cheek and cold, colder thy kiss, truly that hour foretold sorrow to this. The dew of the morning sunk chill on my brow. It felt like the warning of what I feel now. Thy vows are all broken, and light is thy fame. I hear thy name spoken and share in its shame. They name thee before me, a knell to my ear. A shudder comes over me. Why were thou so dear? They know not I knew thee. Who knew thee too well? Long, long shall I rue thee too deeply to tell. In secret we met. In silence I grieve that thy heart could forget, thy spirit deceive. If I should meet thee after long years, how should I greet thee? With silence and tears. End of poem. This recording is in the public domain.