Peter Dunn: [00:00:00] Welcome to the show. Welcome to the new studio, the inaugural. Oh, is that the first ever? We're in our new offices. I'm in a new studio. It looks like I'm an influencer with the new background and podcast listeners don't care because it's a visual reference. Speaking of new locales, I welcome to the show.
Kristen Ahlenius in her normal area and Dame in a creepy booth.
Damian Dunn: Yeah, it's, it's kind of comforting and yet kind of. Not all the same
Peter Dunn: time. If I didn't seven foot spear, like a sharp tipped spear and I just went this direction, I would stab Damien in the head. He's on the other side of my studio in a call booth.
And he's in HQ today and that's how it all works.
Kristen Ahlenius: I think the fact that that was how you chose to describe the distance between you and Dame is quite telling.
Peter Dunn: Okay. How would you [00:01:00] have described being seven feet away from a man like that?
Kristen Ahlenius: If I reached my arm out really far, I could if we both reached our arms out, we could almost touch each other.
Peter Dunn: I am not Victor Webenyama. Do you know who that is?
Kristen Ahlenius: No.
Peter Dunn: Okay. Kristen it's been a year and a half since I've talked to you. How are you?
Kristen Ahlenius: It has. It does feel like it's been a while, but it I'm good, I guess.
Peter Dunn: Andy mentions that I look like I'm a UFO or in a UFO and Dane looks like he's in a padded cell.
Exactly.
Kristen Ahlenius: So, so fitting.
Peter Dunn: Big rapswank. Yeah. Hello. So let me talk about some of the features of the new studio here. I'll go full screen for those that care. Here it gives me a lot more capabilities. I've got now instead of a 20 inch monitor in front of me where I have to squint and look at me friends.
I've got a 40 inch monitor in front of me. Got a padded wall in front of me. So the sound sounds good backlights. It's going to be more versatile. Eventually, [00:02:00] eventually we're, we're still, we've been in here a week. This is what we got right now. I can change out the colors right now. There's a purple blue behind me.
It could be like a urine town theme if I wanted. Like, yellow, Kristen?
Kristen Ahlenius: Yeah,
Damian Dunn: and I'm standing. I thought you were just saying, I'm in town. And that's what you were, like, hey, you're in town.
Kristen Ahlenius: I think standing is the most dangerous part of the whole thing.
Damian Dunn: I can jump during
Peter Dunn: the show! Like, I'm jumping right now!
Damian Dunn: Just make sure you don't wear a tight shirt when you're doing that.
Peter Dunn: Why? It might be Nevermind. I, if I jump hard enough, I will fall through to the kitchen of McAllister's.
Kristen Ahlenius: What a delight.
Peter Dunn: Oh man. There's a lot of tea up here. You know what I mean? There's a lot of tea. Hello, Jason Brown. Kristen's facial expression does set, say it all.
Mobile Pete. Yeah. Yeah. And I'm all around. Oh, anybody have any like life changing things they [00:03:00] want to chat through before we answer people's financial questions? Oh, okay. No. Hi, Leah. How are you? Man, to be able to see you guys, and this size, without having to squint, is really great.
Kristen Ahlenius: You used to have to squint to see us before?
Damian Dunn: Yeah.
Kristen Ahlenius: I guess I didn't
Damian Dunn: It was a long way away, and it was a small monitor. I can kind of understand that.
Kristen Ahlenius: Okay.
Damian Dunn: I would have needed a five foot
Peter Dunn: spear. To poke Dame in the head. That was the distance. Yeah. Today's a PTO day for me. And I'm here.
Kristen Ahlenius: I literally asked Dame that. I said, wait, is PTO, PTO?
Damian Dunn: Pete, do you want to come to Best Buy with me after the show?
No. No. Ben is out there jumping around like a person who's jumping around, trying to distract me and make noise. That's all right. Let's put him in
Peter Dunn: the, get him in the corner of the window there so he can. All right. For [00:04:00] those watching the live stream, we have kind of a cast of characters like stand right there, right here.
This is the podcast is right there. There he is. Hold on. Well, let's go full screen. Oh, wait, he's gone. He walked away.
Damian Dunn: Come back.
Peter Dunn: All right. Here we go. There he is. There's been every good times. Okay. We're done. Let's do the show. Oh, I don't have anything to write on. The new office, there's no paper. Failed the plan.
There's lots of paper
Damian Dunn: out here.
Kristen Ahlenius: Why do you
Peter Dunn: need paper? You write down the time.
Damian Dunn: Yeah.
Kristen Ahlenius: Call Xerox.
Damian Dunn: Oh. Sponsor of the show, Xerox. All your paper needs.
Peter Dunn: What's
Damian Dunn: that?
Peter Dunn: What's the thing on?
Damian Dunn: Notepad? Yeah, what is it? Or notes? Notes. It's either notes or notes. Here
Peter Dunn: it
Damian Dunn: is.
Peter Dunn: Okay. Oh, I've never used it. It's starting up.
It's like. Oh,
Kristen Ahlenius: gee.
Peter Dunn: Man, it is my first time being alive. Here we go. All right. Great. [00:05:00] All right. Fantastic. Starting my clock. I wish my group texts would stop blowing up my Apple watch right now. Thank you. And no, I could silence that. I know. Shut up, Dame. Hey Pete. Yes.
Damian Dunn: You don't talk about whatever the first segment is going to be.
Peter Dunn: No, we'll figure it out when we're going. All right. In three, two, one this week on the Pete, the planner show, we answer your money questions. Here's how the show works. You email us. Ask Pete at Pete, the planner. com that's ask Pete at Pete, the planner. com. And here's what may happen. We may answer your emails.
On the air. We may answer your emails on our live stream show Friday. It's 10 a. m. Eastern time on Mark Zuckerberg's meta Facebook and or YouTube and or LinkedIn so that we can never be employable again. Kristen Alanius joins me. Hello, Kristen.
Kristen Ahlenius: Hello, Pete. [00:06:00]
Peter Dunn: Dame joins me. Hello, Dame. Hello, Pete. Kristen, is that a new shirt?
I've never seen that bright blue on you.
Kristen Ahlenius: It is not a new shirt, but color theory is real and I'm trying to wear more blue.
Peter Dunn: I don't know what that, but that's what Google is for. For me, what would blue do? In this world of color theory, of which I'm a practitioner, what does blue do?
Kristen Ahlenius: Blue for me, because I have a lot of red undertones, blue, Like counteracts that so like blues are like more light greens.
It's a better color for me That's why I don't own any red shirts
Peter Dunn: I think I have a tremendous number of red undertones and I all I wear is blue really
Kristen Ahlenius: perfect
Peter Dunn: Yeah, i'm a practitioner all right. Let's get started with our first question of jiday Dear Kristen and co, I've been working with my current financial advisor for over a decade.
Dame, that is 10 years. I'll make a note of that. Thank you. And I've known him for [00:07:00] even longer. He's easy to relate to since we're in the same stage of life. He's easy to connect with whenever I have questions. And he's generally a good guy. However, I have an uneasy feeling that I can't shake. I'm not sure if I'm getting value from his services.
Currently we pay around 0. 75 percent annually or 75 basis points on managed investments and receive wonderful service. However, I'm struggling with the investment philosophy of my advisor. He claims that while I may not get top of the market returns when things are going well, Under his strategy, my account values will decrease less when things aren't great.
On the surface I'm working on like, wait, is that German? On the surface this sounds reasonable, but here's the problem. I'm up around 9 percent net of fees this year, while the standard and poor index, he put S and P, or she did, is up 17%. How can this be? Is this an [00:08:00] acceptable trade off for downside protection?
How much will be. We'll be missing out over the good years and how will it impact my long term account values? In addition, my advisor bills himself as a retirement advisor I'm still 20 plus years away from retirement have questions about college planning and insurance and general financial strategy My advisor will discuss those things with me, but I can tell he's not all that interested in the topic lastly I'm planning to move some old 401k accounts.
I caught myself wondering, should I move these to my advisor or just manage them on my own? I've been around long enough to know that's not a great sign. Am I getting value from my advisor? Is there a better solution? Am I being unreasonable? Thanks, Jay. I need to, yeah. Kristen, what's the first thing that strikes you there?
Kristen Ahlenius: The first thing that strikes me here is whether the S and P is the appropriate benchmark for this individual.
Peter Dunn: Oh, wow, man. It's moments like this that I'm, I'm so glad I don't do the show by myself anymore because I didn't even [00:09:00] occur to me. Didn't even occur to me. It's such a good answer. It's such a good piece of insight.
Say more as we stay here at your money line when someone makes a point that we don't understand. Go ahead. Say more. I
Kristen Ahlenius: would love to. So the S& P is potentially not the right benchmark because this person might not be taking the same level of risk or have the same level of diversification as the S& P 500.
So you can't compare yourself to the S& P if you're not taking those same risks.
Damian Dunn: It's a trap we fall into all the time because Pete, you and I, Kristen, same kind of our bellwether for how the market is doing is the S and P 500 index. However, if you are using a diverse allocation in your portfolio, you're probably not going to do what the S and P 500 does.
And if you do, it's. Probably a combination of being in other good markets or in good investments. And you just [00:10:00] happen to get that same return. But if you're in a portfolio, that's got a lot of large cap stocks, small cap stocks, international developing international bonds alternatives. Goodness gracious.
It's silly to tie yourself to the S and P 500 as your guideline, your benchmark for what your expected return should be for the year.
Peter Dunn: Yeah, Kristen, hearing both of you say that, and I agree, is there an ideal index or benchmark that we should look to?
Kristen Ahlenius: That's a great question. We don't know this information, but if this person's like 20 years out from retirement, I don't, I wouldn't know this answer off the top of my head, but what's more realistic of like a 70 30 portfolio or maybe a 60, no, too aggressive?
Daym raised his eyebrows like he thought that was totally out of bounds. I don't,
Damian Dunn: I don't think it's aggressive enough if you've got a 90 for me. I don't need 10.
Kristen Ahlenius: Yeah, but not everybody's us. You guys,
Peter Dunn: well, that's good because this person might
Kristen Ahlenius: not be that comfortable, but that's what [00:11:00] I'm maybe looking toward.
What would be, are you maybe 80, 20? Maybe that's more realistic,
Peter Dunn: you know, Daym. Again, without knowing this person's risk tolerance, is it fair to say if they want S and P returns and they have, does that speak to the risk tolerance? If they, if they want S and P returns,
Damian Dunn: I think it could, if, if they are actively benchmarking their own returns against an index, I think it could indicate that they are paying a little bit more closer attention and maybe they have a higher risk tolerance, but it's something that have to come to terms with themselves.
If they haven't taken a risk tolerance. Profile questionnaire, which I think is probably part and parcel of every onboarding for financial advising relationship these days for compliance reasons they may want to do that and see if, if their assumption on their risk tolerance actually matches up to what their answers tell them.
Kristen Ahlenius: So. Then the [00:12:00] question becomes how do they know if their advisor is performing as they would expect? And the answer then is you have to ask them what metrics they're using to gauge their own performance If it is a fully diversified portfolio There are numbers they should be looking at and this advisor should be able Speak to that is they should know about beta and alpha in different ratios, and this person isn't expected to know that, but the advisor should be able to bridge that gap with education to help them understand if they're getting the value that they're paying for.
Peter Dunn: Let's not forget as well that Nvidia is, am I saying it right? I always feel like I say it wrong every time has become a disproportionate part of the S and P 500. So if you netted out that like, are the returns actually closer to 9%, arguably maybe, right. So I think we go to within this question.
Is this a problem that is a going to [00:13:00] age well, right? Is, is the belief that value is not being delivered going to age well, or does the email or just lack the context to know how to measure the impact and performance of their financial advisor? NVIDIA, and that's an P 500 is around 9%. Like, what is this really about?
Damian Dunn: I think the return expectation is. Indicative of a potential lack of communication or good communication from the advisor back to the client in this case. But there are other things in this email that get my attention about him billing himself, the advisor billing themselves as a retirement advisor and kind of brushing off some of the other questions that this individual has, that Jay has for, His financial life or her financial life at this point, whether it's kind of the thing that said college contributions and insurance and general financial strategies.
If what they do, isn't [00:14:00] matching up to your stage in life, you may not be getting all the value. outside of even the investment returns and the communication thereof. Let's do this.
Peter Dunn: Let's everyone calm down. Kristen, calm down. You're all worked up. Let's take a break. And we may have to talk about this a little bit after the break, maybe because I think the next question that we email question we have is just a little simpler.
So we'll come back. We'll maybe put a bow on this question for Jay. Maybe not. Maybe we'll disappoint everyone in our lives and you'll find out whether we do next right here On the Pete the planner show. Okay. Okay. I have to say doing this with a new setup with like new clocks and new screens and it's a little bit, it's a bit, it's something's happening.
It's a little, a little, there's a little something.
Kristen Ahlenius: I don't like change. I feel like I would be very uncomfortable. You know,
Peter Dunn: I do have an idea though. Okay. Everyone work with me for the first time. I'm going to turn on the calculator. No, no, [00:15:00] no, no, no. Change. What I'm gonna, no, no, everyone calm down.
Kristen Ahlenius: He's gonna change, I know exactly what he's gonna do.
You don't
Peter Dunn: know what I'm gonna do.
Kristen Ahlenius: Yes, I do. Well,
Peter Dunn: okay. What am I gonna do?
Kristen Ahlenius: Are you gonna change the camera to be your iPhone and give the people a tour?
Peter Dunn: No, I thought about that but I'm not. What I'm gonna do is, I'm gonna project my iPhone up here so we can all see the time. Because the way the new setup is, it's harder for me to look down and see what the time is.
Okay. So, everyone calm down, this'll take a
Damian Dunn: second. You mean I don't have to use my old timey coach stopwatch?
Kristen Ahlenius: You could use a cell phone.
Damian Dunn: Okay. The fact
Kristen Ahlenius: that you brought that to
Peter Dunn: Indianapolis. Okay.
Kristen Ahlenius: What was that?
Peter Dunn: We'll just put it right over my face. That's great. Perfect. Okay, that's not great. Let me re grip, that was a bad idea.
Let's try it this way. Okay. Closer. Okay. Oh, no, maybe, maybe not. Oh, can you, can we, can you [00:16:00] see it?
Kristen Ahlenius: Oh, I can't see it, but that's okay. I can use a stop.
Peter Dunn: Let's see if it's. Oh, I can't see it at all. This is the stupidest idea you've ever had, Dan. Oh, sorry. Okay. Oh, now everyone can see my stuff. Okay. Oh, no. Oh, no.
Frying. I'm back. Hi, Rochelle. Hi, Cheryl. Hi, Jacob. Hi, Steve Miller. Enjoy. I don't want to say enjoy his band because if your name is Steve Miller, anyone ever was like, oh, you like Steve Miller band? Yeah, exactly. Tristan, do you know who the Steve Miller
Damian Dunn: band
Peter Dunn: is?
Kristen, how about this? Let's do something fair, because I've been thinking about how many references that we make, and we probably make you feel a little bad that you don't know them, or you feel good that you're not old. Make a reference that you don't think Dame and I'll know, so that we can feel how you feel.
100 percent likelihood this one hits, I will not know what she's talking about. Okay, [00:17:00] make a reference, pop culture ish, because that's usually where we lose you.
Kristen Ahlenius: So if just there when you were messing with the calculator and day or the timer and Dame and I were starting to interject, if instead I would have said, let him cook.
Peter Dunn: Oh, I've got a 12 year old son. See,
Kristen Ahlenius: that's like, I don't like, what else am I supposed to, I'm just, I don't know.
Peter Dunn: That's all my son ever says. How was your day? I was cooking, you know, and yeah, yeah, it's, it's a thing. Okay. You're ready to do this again. Do I feel, do we answer any questions there? Not really.
Okay.
Damian Dunn: Okay. Do you want to make a quick pass through, or pass through the rest of that and actually try to answer questions before we move on to the next one? Sure, let's do it.
Kristen Ahlenius: One, Pete's right, the other one's shorter, so just. Let's, let's give it the space it deserves.
Peter Dunn: Hey, Chauncey, can we clip the part where Kristen said Pete's right and just put that on loop?
Chauncey is this imaginary producer we have. [00:18:00]
Kristen Ahlenius: He's looking.
Damian Dunn: Yeah, he's not running towards the studio. Chauncey isn't? He's not in the production booth either. You can't see him, he's invisible. He's in the booth behind me.
Peter Dunn: That's right. If I had a seven foot spear, I could stab Chauncey too. And then Dame, yeah.
Double murder to start your show. That's great. So, so when we were building the office, putting the office together in the last couple weeks, which was a lot of Allen wrench work, let me tell you.
Kristen Ahlenius: Love that.
Peter Dunn: I brought a pocket knife to work that entire week. Little, a little, a little weapon. And I was using it to open boxes and I thought everyone was impressed that I had gotten to that.
And so I was opening it and it was like not sharp though. And I thought, do I need a better pocket knife? So then I went online. No, you
Kristen Ahlenius: need a new,
Peter Dunn: just need to sharpen it. You guys don't with me with this. So I went online and I found this pocket knife that is amazing looking. It looks like it could, if it was on a seven foot pole, could really get through you right now, Dan.
You bought
Kristen Ahlenius: [00:19:00] new money.
Peter Dunn: I got teenagers. It was like 168. And I was like, man, I bet that thing is good. The thing with my current plate is it's got like those cuts in it. So how do you even sharpen it? Is there a
Damian Dunn: blade? Yes. Yeah. Yeah. It's I'm not even going to go into it. Pete, was it a Spyderco or Benchmade that you were looking at?
Peter Dunn: Benchmade. In 3, 2, 1. Back on the Pete the Planner show. Alright, so I don't know if we really answered Jay's question. The question was, does Jay need to look for a new financial advisor? Is he, is something going on? Is something not smelling right? I don't think Jay is being taken advantage of. I want to be very clear about that.
There could just be a difference between what Jay thinks they need and what the advisor does as a practice, because Practices are not going to adjust. If you're a retirement advisor, you don't care that much about college costs, then you're going to be [00:20:00] dismissive of that idea.
Damian Dunn: Entirely. I mean, it's, it's very common right now in the financial industry to start niching your business a little bit.
So maybe you focus only on retirement planning, which I would argue probably really isn't a niche. It's just a. You know, catch all for you, but whether you may work with special needs families, or you may work with women in tech or you, whatever it is, there, there are a number of ways that you can identify yourself as a specialist to help people in that circumstance, get through their financial life.
And if the stage of your life and what you need isn't where you're Advisor likes to practice. That's not your fault. That's not their fault. It just isn't a good match for where you're at. 7. 75 percent on assets under management. Not bad. We don't know how
Peter Dunn: much they have,
Damian Dunn: but that's fine. Yeah. And so if you want to argue about the returns, I would first make sure that the risk tolerance and the, the investment strategy conversation has been had again and make sure that there's not [00:21:00] anything else that can be done there.
But I do, as I said in the last segment I am a little bit concerned about the lack of ability to get some good answers or make it feel like you're confident in how you're headed in college planning, insurance and financial strategy and whatever else is going on. So if it's not a good match, then. You know politely part ways and and go find somebody else that might be able to better serve you and your family Kristen go ahead then.
I have two thoughts.
Kristen Ahlenius: Well, I have a question for jay, which is you've asked us a lot of questions and I hope that Before reacting, Jay will take a moment to think about this. Jay has questions about whether their advisor is being a good advisor, and my question to Jay is, are you being the best client?
Damian Dunn: Oh man, let's not point the fingers back at the person who's emailing us.
Kristen Ahlenius: My I'm not saying that they're doing it intentionally, but if they have these questions that they've not communicated, there is expectation. If the advisor doesn't know that this [00:22:00] person's dissatisfied with the returns, or maybe doesn't know that these other things have become of greater importance, should the advisor be asking about those things?
In my opinion, absolutely. But should Jay also be communicating them? Yes. So if Jay has done those things, absolutely, but just make sure that you're being the best client that you can be as well.
Peter Dunn: I generally, I, I like this idea, Kristen, because I, I think too often we don't put enough scrutiny on the client themselves in the, in the advisor client relationship that people withhold information or withhold preferences.
And that may be taking place here, but here's what I think this is all about. I don't know if you caught it, But the J said the advisor is J's age. So the advisors in their thirties, okay. And they run in retirement practice. Dame, why does the, someone in their younger thirties run a retirement practice,
Damian Dunn: Because they probably bought it from somebody else and they're accumulating assets so they can[00:23:00]
Peter Dunn: be close to my idea. Right. So, which is. You have to go out for people with money. You have to seek out money
Kristen Ahlenius: and
Peter Dunn: all of those people aren't 33 years old. If you're trying to build a practice assets under management, you're not targeting 30. I don't know how old this person is, but. You're not targeting young people.
If you have a, I say family practice, which all of a sudden sounds like people are getting probed and things. What, that's not the first thing you think of a good old fashioned proven. Shall we move on? If it was more of like, Hey, we're here for growing families, then you're going to get that attention to what you care about.
The fact that the person is your age and you like them doesn't mean you're part of their target market. By any means. So I think that's the issue is that if you want someone to tend to your needs, having someone your age with a family like [00:24:00] yours, is it it? Because that person is trying to have a successful practice and they are not targeting Jays.
One
Damian Dunn: last thought. That last paragraph. Do you think the ship has mentally sailed? For Jay, because they're considering doing investing on their own at this point, Chris,
Kristen Ahlenius: whether it has or hasn't, isn't even the point for me. My caution would be to not do this on your own, because if we're questioning why our portfolio isn't performing at the same level of the market, but potentially don't know if we're invested in a way that should return, should provide those returns, you probably shouldn't be managing your own assets at this point.
Damian Dunn: That's actually a really good point. There are other solutions out there. I mean, you could go with a robo advisor and it just uses a parking spot in the meantime and pay five, 50 basis points less than what you're paying right now and arguably get potentially better [00:25:00] returns because the allocation might be closer to what.
It should be, then we might be using with your advisor. So I, I think there's other solutions that don't require Jay to do the, the heavy lifting themselves.
Peter Dunn: I kind of, I, I started agreeing with Dame, like that was my perspective prior to Kristen's point, but Kristen's points really nuanced. And it's this he's accidentally, or she, Jay is accidentally getting half of what the S and P 500 is getting.
I say accidentally because they don't know why. And so if they've switched another portfolio, they would accidentally get some other return because they don't know why, right? So as long as they understand that they don't know why, and that it is just diversifying, not knowing why I have no problem with them managing their own assets.
But if they think it is the solution,
Damian Dunn: do we, do we potentially suggest putting in all of their tickers into a tool online to seeing how they're actually allocated and where the investments lie? [00:26:00] Of
Peter Dunn: course. However, if that's not on their statement, maybe there's a new set of alarm bells going off. Oh, geez.
No, not fraud. It's just like, okay. Our jobs kind of on the radio, on the pod and in life as financial people is to take complicated things and make them easy to understand. If a person has a portfolio, but they don't understand what those things mean together, and it's easily discernible information.
Then that, then a job is not being performed well. So Dame, I don't know. I, do we email back Jay and say, what is your asset mix? What are the style boxes? Like, what
Damian Dunn: is the allocation? And that should determine. Yeah. I have no idea what statements look like these days because there's so many different companies you can get statements from, but I don't, I don't know how common a pie chart showing your allocation on statements is going to be.
I mean, how many actually even email them out? Or I'm sorry, mail them out. It's going to be email anyway. And [00:27:00] it's so easy to ignore statements anyway. I don't know if that information is readily available to somebody.
Peter Dunn: Can I have a moment of admission here? When I was a investment advisor, so this was 2012 and before I often said the phrase, You will not get top market returns because I don't seek them for you because I'd rather you be protected on the downside.
I said that all the time. And is it possible that there's some laziness in that? I mean, it could either be true or it could be lazy.
Damian Dunn: I don't know. I, I, I don't see that as being lazy. I think you are set up with your investment strategy. You're not going to, you know, chase the trends necessarily, but you're going to pay attention to the market and make sure you're invested appropriately.
And if you get some reasonable percentage of the market, while You know, making sure the portfolio is allocated properly to minimize the downside based on risk tolerance and however else you choose to look at it. I don't think that's lazy. I think it's being [00:28:00] very specific, making a customized portfolio for your clients.
Peter,
Peter Dunn: don't with me, Kristen, before we go to the break here, cause we've now done two segments on this email unless the advisor is guaranteeing 10 percent rate of return for 10 years with no surrender fees. I mean, it's not a good match, right?
Kristen Ahlenius: Yeah, probably not.
Peter Dunn: All right. That was a little throwback.
All right. Listen, here's what we're going to do. We're going to calm down. Kristen's going to calm down. I don't because it's a joke. We're going to take a quick break and come back after the break. And we're either going to do a life insurance question, or we're going to do a question about spending habits.
I don't know. We'll see when we're back after the break,
Kristen, I've missed talking to you because I like some really great nuanced points there. The last first two segments
Kristen Ahlenius: and he
Peter Dunn: just
Damian Dunn: doesn't get those when it's me and him when it's Dame,
Kristen Ahlenius: you guys just agree with each
Damian Dunn: other, sledgehammer. It's just, we're going to come through and squish everything.
Peter Dunn: Well, [00:29:00] Damon and I, at least professionally have had such similar experiences. Yeah. That it's, you know, yeah, it's really interesting.
Kristen Ahlenius: Yeah, that's a really good point. Because though my tenure as an advisor was shorter, I was expected. Because I was like 22, I was expected to. Every meeting I felt like I had to prove myself a little bit more.
And so I think that I sometimes approach those questions a little bit differently.
Peter Dunn: Don't just realize the best part of this new setup for me in the new studio is when I click and add someone to, let's say, Rochelle says, happy Friday. I add her to the stream so people can see her comment from Facebook. I can actually see what Rochelle looks like because it's about that big on my screen where before it was like looking at a pinhead.
And trying to figure out what a person looks like. I mean, yes, I know Dan's [00:30:00] is so whatever is a sunflower. I've always known that, but like. You know, getting a good look at Jason Brown here. Like he's got a person with him. He's at a baseball game. Like I didn't know these things before. Let's look at Cheryl.
Look at, oh, Cheryl's with her nice husband there. They look like they talked to each other at dinner. I mean, this is great. Who knew these people were. Why do you assume that's her husband?
Kristen Ahlenius: Me and Dame.
Peter Dunn: Her lover. I don't know who it is. There's Jacob. He's got an amazing jacket and sunglasses on in a kitchen.
Like, I didn't know these things about people. Like, did you guys know this? Yes. Let's look at Leah. Leah's with two people that, I mean, who knows? They could be kidnapping her. I don't know what's going on, but it's exciting to see.
The holy world. Did you guys know this? Yes. I didn't know it. Do
Kristen Ahlenius: you want to do I do not think there's enough meat on the bone for the life insurance [00:31:00] question to make a segment out of it. I think it's a good question, but I don't think there's enough there.
Peter Dunn: All right. So we just tell that person, get busy or die trying.
So
Damian Dunn: we can, we can start with the other one. And if there, if we kind of went on a steam, we can jump in there and do a quick hit on the, the insurance question.
Peter Dunn: I don't like that the next email starts Pete and crew. No one calls us though. We're going to switch. I'm going to switch it. I'm going to fake the email and change it.
Okay. Hold on a second. I've got
Kristen Ahlenius: to be to Chris and co.
Peter Dunn: Oh, we'll see. You take it easy. Cold though. Is there anything better than in public on a live recorded stream to tell a young woman to calm down for an hour? No, it's great. I
Kristen Ahlenius: love that for me. I
Peter Dunn: can't
Damian Dunn: wait
Peter Dunn: till it shows up in a iTunes comment. I will say this my 24th.
Wedding anniversary is here in a couple of weeks. And what I have learned in terms of non live stream, like true human interaction is. [00:32:00] I, I don't
Damian Dunn: ever tell my wife to calm down. I was just going to ask you, how many times have you told Mrs. Planner to calm down in your 23 plus years of marriage? The thing
Peter Dunn: is, of course I have, because that's how you learn that that's not a good communication style.
Kristen Dame is of course in the office here this week or at least yesterday and today. And so he, we were seeing each other and he was standing right here in, in this space yesterday. And he's so much taller than me. His face was, it was, it was taller. It was off the screen. And I was like, I, I felt really short.
Kristen Ahlenius: Are you guys wearing the same shirt? I don't think so.
Damian Dunn: I've got the YML polo.
Kristen Ahlenius: Oh, okay.
Peter Dunn: Hello,
Damian Dunn: Jay.
Kristen Ahlenius: You know what Jay looks like now?
Peter Dunn: I already know what Jay looks like. I've never zoomed with him in this office, but I've zoomed with him before. I liked that he said, I liked that he said Pete and crew. You didn't, you didn't catch that.
I did. Okay. I've zoomed with Jay. [00:33:00] Let's see in this, all who I've zoomed with. Just Jay, just Jay. That was good use of time. And Sarah, Renfro. Yeah, I've zoomed with Sarah. Okay. Okay. Sorry. What? I like standing. Why is that? Watch this though. Like if I could just disappear. You're going to do the elevator. Do the elevator.
Kristen Ahlenius: Oh my. Can you do
Peter Dunn: an escalator for us?
Damian Dunn: Oh, I think I pulled an ab doing that.
Kristen Ahlenius: Oh, that hurt.
Damian Dunn: That hurt. Is, is my energy difference since I'm standing? I can't tell. Am I? I think so. I don't know. I kind of like it.
Peter Dunn: Yeah. Oh my
Damian Dunn: gosh. He
Peter Dunn: totally pulled an ab. Don't turn into an older fat man, Kristen. Okay. I can't see fat.
You can't see fat anymore. I can't see fat. It's about yourself. You can. I don't think you can. I don't think you can. You identify. No, I don't. I. I'm fluffy. Is that what the, what the committee says? [00:34:00] I'm squishy. Okay. Ah, how's Weight Watchers going, Andy? Andy wait, wait. She's asking me that. I'm not asking her that.
Andy says, and Pete, how's Weight Watchers going? Well, I'm watching Weight Come On right now. I, I, we had, I fell off the wagon as you fall off the train. What do you fall off of? What do you forget how to count? No, I went to Chicago for four days. Oh. And I was putting things in my face aggressively. A lot of tubed meats.
Why? Why that look? The descriptions that you choose. Tubed meats? So interesting. Whatever. And three, To back on the Pete, the planner show Kristen, you know, we got an email recently and I want to read it to you. Christie a and people with her. I've been a loyal listener of your show for years and appreciate the balanced [00:35:00] advice you offer.
Was this by the way timeout a damn timeout granted did this person email the wrong show?
Damian Dunn: Like balance. I do I stand on one foot for the rest of this reading or really?
Peter Dunn: I'm writing in about a situation involving my two close friends. Let's call them Sarah and John and I'm really torn about whether I should say something or just let it be or I'm adding this Passive aggressively email a 1 percent podcast about what's going
Kristen Ahlenius: on.
Peter Dunn: Okay. Sarah has found a way to treat herself to fast food without John realizing how often it happens. Am I Sarah? I was like, I'm, I'm taking notes. It's my wife's, it's my wife Sarah's name John and I'm Sarah? What's happening here? Whenever she goes grocery shopping, she buys small denomination gift cards, the fast food places.
Okay. I don't do that.
Damian Dunn: Yeah. Is that real? Yeah. Yeah. That's [00:36:00] my point. This is
Peter Dunn: genius. Oh, it's an amazing. Then when she wants to eat out, she uses the gift card and tells John, Oh, I have a gift card. So it doesn't look like they're spending extra money. Sarah doesn't seem to think she's doing anything wrong.
Okay. She sees it as a clever way to satisfy her cravings without impacting their budget significantly. But I'm starting to feel uneasy about it. John has no idea she's doing this. I'm concerned about what might happen. If he finds out, I think he'd be impressed. I'm not even mad. Am I overreacting or is this something I should bring up with Sarah?
I really value their friendship and I don't want to cause unnecessary drama, but I also don't want this to turn into a whopper. I added that part too. Wow. I have a million thoughts. And my first thought is, should I let anyone else talk? Because I've got so many [00:37:00] thoughts on this. So I'll go left.
Kristen Ahlenius: Oh, does that mean that Dane's going first?
Peter Dunn: I don't care. Whoever, like I've got so many thoughts that if I go, I can't stop. Won't stop.
Damian Dunn: This is not a great situation. If you're hiding your purchases from your spouse, even, even if they're minor, if you are actively deceiving your spouse about how you are spending money, there's probably a bigger issue at foot other than the.
10 a week. You may be spending on fast food or broken ice cream machines at McDonald's.
Peter Dunn: Kristen, is this different than let's say, let's say, let's say I'm going to pick up carry out for the family and I'm going to use our regular purchase methods and on the way I say, Hey I'm going to get a six pack of beer at the local liquor store.
Cause beer would taste good with the food we're having. And why is that great? So I stopped and get the six pack of beer and I happened to see a bottle of bourbon that I'd like to buy. And so then I bring in the bottle of beer, or [00:38:00] pardon me, the, the, the cans of beer, we eat our dinner, wife goes upstairs to take her thing, then I bring in the bottle of bourbon and I put it in the bourbon cabinet.
Is that different than this? That is the same. It's not the same because I have, I don't think it's the same. And by the way, I'm talking about my friend, Tara and Ron.
Damian Dunn: Would, would Ron normally just walk into a liquor store and buy a bottle of bourbon without asking for permission in the first place?
Because if he, if he does, I think that, okay, great. It's not permission.
Peter Dunn: It's it's not permission. I think it's the judgment from what I'm talking, I'm talking to Ron. Ron. Yeah. I think it's the judgment of like, Oh,
Kristen Ahlenius: but okay. So first of all, Andrea is exactly right. It's financial infidelity. This is not great. And second of all, the level of deception here totally depends on the level of communication that they've had. Because if the emailer's friend is doing [00:39:00] this because they've made a commitment to spend less money on food outside the house, this is so bad.
It doesn't matter if it's 10. It's so bad.
Damian Dunn: And what if Sarah's on Weight Watchers? Now, now you're throwing, throwing good money after bad at that point. It does feel
Peter Dunn: like a,
Damian Dunn: like
Peter Dunn: a perverse type of money laundering. You know what I mean? Like it's, yeah. Yeah. I think this is a bad thing. This is bad. And I think it has to do with converting purchasing power to obfuscate purchases.
I think that would be it. I mean, at some point,
Damian Dunn: doesn't the husband have to wonder where all these gift cards are coming from?
Peter Dunn: You know what, Rick Swink makes a brilliant point. Because I think it's actually the same point that Ron would have about the bourbon purchase. It, it may not be about money. The [00:40:00] issue is actually the shame.
or the judgment around the fast food. That's true. Ron, my friend, handsome as the day is long he, in Alaska, he maybe just doesn't want his wife to know that there's another bottle of burp going down.
Kristen Ahlenius: Okay, so there's two questions. One is, how could the friend potentially turn this into a good thing? And two, What does the emailer do in this situation?
Cause that's ultimately what they're asking is, what do I do because they feel that they have loyalty to both people in this situation?
Peter Dunn: Dame, I'm not suggesting this is my answer, but is this anywhere close to not my circus, not my monkeys?
Kristen Ahlenius: No!
Peter Dunn: Yeah. Oh, Kristen. No! I did not like that.
Kristen Ahlenius: I did not like that. If you're, if these are your good friends and you feel that this is truly financial [00:41:00] infidelity, I think that you have to have a conversation with the friend who is participating in that activity, which I think was Sarah in this case.
You have to talk to Sarah about this, about the seriousness of this issue. I'm not saying that you have to then go to their partner and say this is what she's doing, but I think it's your duty as their friend to have the conversation with them about it.
Peter Dunn: How would one go, Dame, how would one go about going to Sarah and say, Hey, I've been thinking about this and you know, I think if Rick, what's the guy's name?
Steven, John, John, if John ever found out about this I think it could be a bigger deal than you think. Is that how you do it?
Damian Dunn: I would probably invite them for some fries if if they wanted to buy and and then we'd talk about potentially rethinking their their financial Infidelity.
Peter Dunn: Kristen, do you think you just go up to him and say, I don't think you've been, you know, there's not enough information and going along. I don't feel like you're giving John a fair shake.[00:42:00]
Kristen Ahlenius: I think I would go to Sarah presuming that this is a good friend of mine and say, you know, I've really been thinking about this and I feel that I've been put in an unfair position and really value you and John is friends. And if they're, if John's not aware of this situation, I would really appreciate not being.
In the middle of this and explain to her why that you think that if he knew this would be a problem,
Peter Dunn: Dame, say what I'm thinking please. Because I,
Damian Dunn: your face said it, but what if you approach Sarah about this? She doesn't appreciate it and the relationship becomes frosty. That's not what I was ,
Peter Dunn: that's how I was gonna say, but just call her to catch up.
You know,
Kristen Ahlenius: no,
Peter Dunn: here's the thing though. I think by going to her and saying, you've put me in an uncomfortable position. And again, it's not you, Kristen, but I'm saying the friend, whoever the emailer is. I think that makes it about the emailer. This has nothing to do with the emailer. It's like, you've put me in an uncomfortable position.
Have you, you're not involved.
Kristen Ahlenius: I don't know. You guys, I [00:43:00] don't like friends that put me, maybe that's my personal bias coming out is I don't want friends to put me in the middle of things that I think are issues in their relationship. I don't want to
Peter Dunn: know. Nobody wants to be in a pickle. No, I, I, no one would relish this opportunity whatsoever.
No.
Do you regret this?
Kristen Ahlenius: My career choices? Yes.
Peter Dunn: Now look, our show is about giving you tips, nuggets, whatever we can for the tender moments in your, in your life. Okay,
Kristen Ahlenius: I'm done with this segment.
Peter Dunn: Are you going to quit the show today?
Kristen Ahlenius: Actually? Yeah, you'll my resignation letter will be on your desk.
Peter Dunn: Kristen thought that she wasn't on the show today.
Cause I didn't send the link to her at the same time I sent dames. And it reminded me of the time that the Indianapolis star stopped running my column. I submitted my column, like on a Wednesday, like I always did. I opened when I still got the paper in person on Sunday and my column wasn't in there and that's how I found out they stopped running my call.
Cindy star, I really enjoy all. Four pages of your [00:44:00] publication coming up after the break. We're going to do this biggest waste of money of the week, which I just referenced and the news, which I also just referenced I'm Pete, the planner. I like standing. I feel
Kristen Ahlenius: like the energy is different. I feel like the two of you need to stand always.
Peter Dunn: It was, it was a, it was a great segment. What if, well, here's the thing, Kristen, you know, this. I always stand at work like that was what was different about the show is that like I would go into my studio and just pop pop a squat and be like, hello, but, but I usually stand during the day, which is why I, I don't know, I
Kristen Ahlenius: stand a lot during the day, but I can't stand still.
I don't think I could stand for the show.
Peter Dunn: You don't stand it. I thought you had like a treadmill desk or something.
Kristen Ahlenius: That's what I'm saying is I stand during the workday, but I can't not move, which is why I sit for the show, because I would be walking all over.
Peter Dunn: Yeah, I am a pacer.
Kristen Ahlenius: Yeah.
Peter Dunn: For sure. I think I get to meet Caitlyn Clark on [00:45:00] Wednesday?
Kristen Ahlenius: What?
Peter Dunn: Yeah, I don't know. Yeah, I'll tell you next week on the show whether it happened or not. Pretty good. If I did. I'm pretty excited about that. As you should pick up game. No, I daresense to do that. Andy says, and there's less of Pete looking into space while others talk. That is true. Let's see what that looks like here.
Don't lose your balance. I don't like that. I feel like I'm getting tested. You have one too many. Okay.
Kristen Ahlenius: Okay. There are
Peter Dunn: so many emails and slacks that have occurred. during this and I have not clicked a single one.
Kristen Ahlenius: I'm really proud of you, actually.
Peter Dunn: But I'm staring at him.
Kristen Ahlenius: That's the same.
Peter Dunn: No, I'm not even open, but I'm staring at the, the number.
Kristen Ahlenius: Oh, okay. Just
Peter Dunn: grows and grows. This is one of the best PTO days I've ever had.
Damian Dunn: Thanks.
Peter Dunn: I love spending days off with you. [00:46:00] Except for the phone calls I had before the show. Oh. And that I'm gonna have after the show. Okay, Kristen. I will never ask for relationship advice on this show, but I, can I set up a scenario about my friend Ron real quick?
Kristen Ahlenius: I don't think you should ask, be asking me. Let's
Peter Dunn: say Ron tells his lover, his, his special friend, his handholding partner that, hey, I, I, the kids are going to be gone. I both at camp. So why don't I take a personal time off day? Is that what it's called? PTO. Is that what it stands for? Personal time off.
I don't think so. I don't think that's it. Paid
Damian Dunn: time off. Paid.
Peter Dunn: I'm getting paid? I'll just take a PTO day. I never take time off. And we'll go do something. And so then as the day approaches, Ron says You know, I'm going to probably have to work a half day that day. And then Ron's partner says, why, why? I thought you're going to take day off.
And I was like, eh, no big deal, no big deal. So then this morning, Ron is talking to his partner and Ron says, [00:47:00] I'll be home by noon. And his partner says, oh, whatever. I got nothing going on. I was like, can it be later than noon? Oh, and then and then Ron, Ron is now scared.
Kristen Ahlenius: Bad Ron. I mean, it's bad. Just a human.
No,
Peter Dunn: it's about
Kristen Ahlenius: respect. That's disrespectful.
Peter Dunn: How's it disrespectful?
Kristen Ahlenius: Because you set an expectation. It is disrespectful.
Peter Dunn: But the person said they don't care.
Kristen Ahlenius: They do care.
Peter Dunn: Oh, now, now Ron's partner's a liar.
Okay, if anyone knows Ron's partner, can we just keep this between you, me, and the
Damian Dunn: gift cards? Alright. Do you want to stop by a store and get some bourbon and I'll just take you home and you can kind of fall out of the car and I can say it was a long morning at work? If
Peter Dunn: you bring home bourbon on a weekday like prior to like 3 p.
m., that's be a bad thing [00:48:00] Heather McCann asked if I am Ron and I say I am NOT wrong. I'm never wrong
Here we go Okay, first time, first time I'm starting this segment here. This'll take me a half second to think about here. Cause Guam's always a little, little different here. Okay. I think this is a move here. Maybe I'll click on this. Okay. Ready? Oh, geez. Three, two, one. This week's biggest waste of money of the week right here on the Pete, the planner show is this thing.
Yes, this thing. And this thing is the AOSU SolarCam D1 Classic Kit. Your home security system will never go offline again. Thanks to AOSU's solar powered SolarCam D1 Classic Kit, which includes two cameras and a hub [00:49:00] with long range Wi Fi coverage and 32 gigabytes of centralized local storage for no additional fee.
Not only is the low monthly cost enticing. But the cameras themselves are a step above other home surveillance systems. They feature automatic human tracking timeout granted on that read. When I did read over it before the show, I read it out loud, just having some fun with my my modulation and I read the, they feature automatic human trafficking.
And so I had to remind myself to say tracking and not say that on the air, continuing cross camera tracking, 360 degree panoramic capabilities. Color night vision and recordings in high quality 2k resolution, allowing you to read the license plates and decipher faces with ease, even if it's nighttime, thanks to the cameras built in led lights, plus.
Just two hours of daily sunlight keeps the cameras running no matter [00:50:00] where you are. What do you guys think this costs?
Kristen Ahlenius: For cam, not the monthly subscription.
Damian Dunn: I say per month.
Peter Dunn: Yeah, we're not getting into the per month thing. What is the, I don't actually know what the month, oh it says no monthly. Oh yeah.
I'll look at the monthly rate. All right. What do you think the cameras cost?
Kristen Ahlenius: The four cameras retail for 700.
Peter Dunn: Dame? I'll say 950. Only 230 bucks, but here's the thing. Steal. I don't buy any home device that says solar power. Dame, have you ever seen the old solar power walk path lights that people put up to their porch that come about midnight or putting out as much light as a lightning bug?
No work, two hours. Like what if you were in the winter? Do you [00:51:00] realize that when there is cloud cover solar powered things can, it can only gather between 10 to 25 percent of the power. I did some research. Wow.
Kristen Ahlenius: But don't you think the technology is probably a little more sophisticated in a several hundred dollar camera system than the 2 lights that I bought from Walmart?
Damian Dunn: Oh, these are 10 a piece made in China.
Peter Dunn: I don't know whether they're a country of origin, but I will say 200 bucks. Isn't a lot, especially when you think about the wifi capabilities, you think about the storage, you think about the camera lenses. They talk about, I'm telling you, I don't use this product, but if you'd like to sponsor the show, send one to us, we'll talk favorably about you.
I think it's a terrible product. Oh, but what
Damian Dunn: Dane, it's a bomb and you said you'd use it, but it's a terrible product. I am so confused. This is whiplash.
Peter Dunn: I would not actually use this Dame what's in the news this week. Would you like
Damian Dunn: a serious [00:52:00] story or a serious story that we call rally behind rally, rally fast food, another food reference.
It is a bipartisan group of senators has taken. If at first you don't succeed, try again to heart with a new proposal aimed at cracking down on stock trades by members of Congress once and for all the ending trading and holdings in congressional stocks. Pete, what does that stand for ethics? That's right at the ethics act thrown up by five senators, four democratic, one Republican may have the teeth to finally make a difference on the Hill.
Here's what it would do. It would require members of Congress, their spouses, and their dependent children to divest from their assets starting in 2027. Lawmakers would also be banned from trading for the 90 days after the bill becomes law. The penalty for breaking the law would either be the lawmaker's monthly salary or 10 percent of the value of the asset in violation, [00:53:00] whichever is bigger.
And the act also requires divestment of assets, even if put into a blind trust. The acronym experts over in Congress passed the stop trading on congressional knowledge, the stock act in 2012, which requires members and their spouses to disclose their trades over a thousand dollars within 45 days. But that hasn't had the intended effect probably because the only deterrent to trading is a 200 fine.
If you don't report it in time, no other proposals of which there have been plenty have gone far enough to reach committee.
Kristen Ahlenius: Look, I'm not trying to, what's that expression, look a gift horse in the mouth. Is that how that goes? Wow. You
Peter Dunn: made it. That was great. However. Okay.
Kristen Ahlenius: You mean to tell me that someone potentially acting on insider information receives the same penalty as someone who takes their retirement accounts before full retirement age without an exception?
That is not enough. [00:54:00]
Peter Dunn: So, could we all, maybe we might all agree on this, that there should absolutely be regulation around this? Yes. But the penalty should actually be a penalty.
Kristen Ahlenius: Right.
Peter Dunn: Yes.
Kristen Ahlenius: That's not a penalty. No, that's a 10 percent participation fee.
Peter Dunn: Totally. Like just do it and pay the tax cause your returns are so high anyway.
What's it really matter? It's
Kristen Ahlenius: insane. I
Damian Dunn: mean, for comparison's sake, if we're just going to argue there are a number of ETFs that actually follow the trades of different politicians. Nancy Pelosi's husband, Paul, is doing all right this year. He's up 45 percent year to date.
Peter Dunn: Man, Jay needs to hire him as a financial advisor.
I. And I'm serious about this. If you pull, pick a large number, a hundred thousand people, sure, whatever, what's a matter, pull a hundred thousand non politicians. How many a true number, how many [00:55:00] people of those a hundred thousand say, let them do whatever they want from a, an investing standpoint, how many of a hundred thousand
Kristen Ahlenius: None.
They'd actually understand the question.
Damian Dunn: Wow. Yeah, less than, less than 10 percent would. Oh,
Peter Dunn: I gotta think, yeah, okay. I gotta think less than 5%. Now we're, now this has become about an education question to Kristen's point. But like I, yeah, 5 10 percent right? Dame?
Damian Dunn: What else is in the news? Pete, I think this next story kind of treads in an area that you may be familiar with.
I'll be curious if you can win our game that I'm going to introduce here.
Kristen Ahlenius: Oh boy.
Damian Dunn: Gwyneth Paltrow and the U. S. women's gymnastics team have at least one thing in common. They can never have too many crystals. The American gymnastics team unveiled its new leotards for the upcoming Paris Olympics this week, and some include 10, 000 hand placed crystals.
Up from a pathetic 6, 400 for the Tokyo games three years ago, each Leo would fetch up to this amount on the retail [00:56:00] market.
1, 500. 1, 500 American dollars. Kristen.
Kristen Ahlenius: It's higher than that, but I don't know,
Damian Dunn: five
Kristen Ahlenius: grand, 5,
Damian Dunn: 000 on the retail market. According to the New York times quote, the more crystals, the more impact and the more the leotards are talked about. Jean Diaz, the designer and director design director, excuse me, of GK elite told the New York times fans can buy replica leotards though.
Don't worry, which replica replace the crystals with something called spangles. For 90
Peter Dunn: Spangle was the producer of my first radio show. Chris Spangle. Did you call him? We call, I called him sprinkles game. You're going to disappoint me with your answer here, but it's worth asking just in case you're not going to disappoint me.
Did you write the Gwyneth Paltrow joke or was that some other copy? I didn't. I wish I did. Oh man, you're so disappointed, but had, I took a chance there because if you would have said yes, that would have been [00:57:00] overwhelmingly amazing.
Damian Dunn: Yeah. What else? The only thing more vacant than the look in the eyes of Jets fans every September is the U.
S. office building. Vacancy rates hit a record 20. 1 percent in quarter two, the highest since Moody's started tracking nearly 50 years ago, particularly empty in San Francisco where the vacancy rate reached 34. 5%. It was just 5 percent in San Francisco pre pandemic. That's a little different.
Peter Dunn: That's a big difference.
When we moved offices here obviously we created a vacancy, but it'll be gone in a month. Someone already ran space. Really? Yeah. We still have the space within the month and my studio has not been torn down yet over there. So I've got some work to do.
Kristen Ahlenius: No kidding.
Peter Dunn: All right. Let's, let's take a break.
And by a break, I mean, 167 hours. Kristen, thank you for your contributions to today's show. Dame, you're a glass case of emotion. Everyone else, any good vibes? Cause good vibes are all that's in the budget. I'm Pete the planner. This is the new studio and have a good weekend. [00:58:00] Good day.
There we go. We did. Sorry. I'm I, there is some new moving pieces for me today that I got to try to figure out, but whatever, should I do a little office tour? You want me to stay in the box so you can I could do that now. I'm not gonna be able to hear anybody Okay,
Kristen Ahlenius: that's
Peter Dunn: what you're gonna be able to talk.
No, but you guys will you guys I can narrate
Kristen Ahlenius: no one Is this
Peter Dunn: a bad idea
Kristen Ahlenius: this is not a good idea
Peter Dunn: Andy andy says it's a great idea. Okay. So what this is going to end up meaning is that like Colleagues like young Ellie, who's just out there doing a job, is about to be on a live stream.
Damian Dunn: She's in one of the other
Peter Dunn: rooms.
Oh, we can get in there.
Kristen Ahlenius: She might be on a call.
Peter Dunn: Alright, she'll be fine. Alright, so this is a bad idea. If you are listening on the pod, I recommend going to youtube. com slash [00:59:00] PeteThePlanner. Go to this live show. It's one of the live streams. I need to clean up that YouTube page, by the way, but don't really have time.
Let me see if I get going here. Give me a half second. Is this a good idea? Andy says this is a good idea. I think it's a great idea. I feel like Andy's got his best judgment as anyone. And so she's You're welcoming people into our home. It's great.
Okay, I'm going to start I'm, this is the office here, everybody. There's the lights that shine down. This is what I'm looking at right now. That's a thinking chair. All right. Make sure you take your ears out before you walk away. Ooh, I cannot show my whiteboard though. Oh, this is a bad idea. Oh boy. Sorry.
It's just a little awkward. I'm just trying to avoid some things. There's that. And then here's the backdrop. My family family. That's it. That's what we got. Okay. Now I got to take off my, my ears. Dame, are you going to navigate or are you going to narrate?
Damian Dunn: Yeah, I can do that. Well, Tristan has never been here, [01:00:00] so it probably better be me.
Okay. All
right, everybody. He's going to walk out that door right there. Frosted, beautiful frosted door. If you go to the left, which I doubt he will. That's the, Oh, it's going to left. It's like we're connected. Picture George Washington. It's been in every office we've been in front door. And? A little reception area.
That's our logo on a printer. Apparently it make facts, recordings, people, let people know to stay the heck out of Pete's office. And we're about to have some inception here because as Pete walks around, you'll see where I'm recording from. That's my setup. I am at a very, very, when he said glass case of emotion, he was not kidding.
You'll also notice I did a little. Modification there. It says dime normally, but I put it way over that. So it says Dame walking around back through that little area. That's the kitchenette. He may go back there. That's the biggest TV I've ever seen in somebody's house. That it's, it's huge. I don't know what they use it for.
I'm guessing to watch Colts games. If he keeps that's the library. It is awesome in there. [01:01:00] I recorded the news and it is such a great backdrop in there. I, where's he going? Oh, he's given up. So there was another couple of small conference rooms. Another, did he fall? Oh, I thought I thought he might've fell.
He is old. Did that work? I think so. Okay. I thought you were going a little bit further, so I kept waiting to not talk about some things, but that's all right. They can go back and watch it in slow mo and do their own content.
Kristen Ahlenius: That snake plant in the corner probably needs more light. It's gonna die. Just FYI.
Peter Dunn: Jeez. Debbie Downer.
Kristen Ahlenius: I'm just kidding.
Peter Dunn: Not only am I going to have to figure out what a snake plant is, I'm going to have to water it or move it.
Kristen Ahlenius: Don't water it. If it doesn't have light, it doesn't need water. Oh my
Damian Dunn: gosh. So you, you, you let it die of dehydration and lack of sunlight? That seems a little cruel.
Peter Dunn: Anyway, I am going to go take PTO here in a couple hours. So I have got, I, you know what? PTO starts today at 5 p. m. [01:02:00] Wow. Wow. Peter time off is what they call it. Kristen looks unimpressed. What are you
Damian Dunn: Googling?
Kristen Ahlenius: I'm not, I'm asking Oz about that plant.
Damian Dunn: Make sure you pick up some bourbon on the way home for Ron.
Peter Dunn: All right, everyone. Good luck with your lives and stay getting money.
