The PlanStrong Financial Forum

to identify that you know demean and -- cigarettes especially in the United States is downright Alex it's too. -- coming down about 34% a year the last decade and over really since 2007 US cigarette use has dropped about 20% which is great. -- it's great unless you're an investor. A hundred domestic cigarette producers right. And you know obviously there's an awful lot going on right now everything for mayor Bloomberg's . I'm -- attempts to further make it difficult for younger people to buy cigarettes and he's been to meet Alex talk about

number. He's talking about -- 120. Trillion dollars that's unfunded liabilities in social security and Medicare are always other entitlement programs now with -- obamacare. And with a 120 trillion dollars of those kinds of debt.

It's one of those or little sporting events I get its only Super Bowl except that lasts for days. That's just long I think for some -- too long but I think -- don't like or a golf not a and I I admittedly am then it's it's like heaven you know because they you know can they played at the same place every year as whereas you know a lot of the other -- the US open they play at a rotating group of courses so it's not always the same venue. But for those of us that you know really you know there's a our bread and a lot about Augusta National -- his reality Bobby Jones and Clifford Roberts who founded the club and it's actually fascinating to watch different people including this fourteen year old Chinese kid.

money in the bond market today because frankly the federal government the Federal Reserve has been in Bonnie and all the high quality bonds they've been buying. Not only non US treasuries but also mortgage backed

United States to produce more. Then ten million barrels by 20/20 now Saudi Arabia only produce is nine million barrels style OK okay. So just to give you an idea that is that you know that's

and better yet you know you you go back in and defamed Alan Greenspan came back and -- guy who invented or talked about irrational exuberance. Has now said that no this is reasonably valued. So

retirees and people closer to retirement as opposed to. Kind of a young buck -- you know patent doesn't care for a big win or lose an awful lot while there were in the game. On

And then finally got -- one of my favorite places were the Barry Bonds . Are in the east target date funds so sure you know big marketing items -- -- they are and whether it's for.