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CRANK CALLS CIRCA 1982 Six months before Howard Stern became a superstar on WNBC/New York and a full 12 years before The Jerky Boys released their first album, Tom Leykis and his pal Howard Hoffman made and recorded hundreds of prank phone calls to unsuspecting radio hosts in Phoenix, Arizona. This collection has never been aired on radio or on Tom's live stream (although it has been played at dozens of parties). Many of these Phoenix call-in shows had no 7-second delays, though some actually did. These calls are often funnier than any radio show though, as you'll hear, Tom could never, ever play them on the radio. This tape was just unearthed at Tom's home in the Hollywood Hills.
SHOULD YOU BE INVESTING IN LYFT OR UBER? Most of us use ride-sharing apps. But now you can own a piece of these companies through Wall Street IPOs! A sure bet, right? Not so fast.
Here is the letter that Jayson sent in:
Tom- I wanted to send you a thank you today, Tax Day. Your approach for finding a tax guy worked wonders, and all in will save me $471!
Here’s the story: I am a late 20s guy who moved back to California for a job after receiving an MBA from a top tier school on the east coast. I had a tax guy in the city I went to school in, but when I was moving he told me (rightfully so) to find someone else because he wasn’t overly familiar with California.
I’m lucky to have a small brain trust of mentors in my life (something you advocate for), a few of who live in the city I moved to. I asked them for a recommendation (something you advise), and two gave me the name of the same professional CPA while the other two gave me different names. I called the three CPAs for a free introductory consultation to see if there was a fit. One was good, but not a fit, and one who was more for small businesses recommended on his own that I talk to the same guy two of my mentors recommended! I called him, and we hit it off great. I explained my situation in full and asked the series of questions you advise when hiring professionals. We worked out a fair deal for not just preparing my taxes but also being available throughout the year (something you also recommend, not making the accountant solely an Apr 15 worker but part of the money team).
My accountant did a beautiful job on my returns, and even with paying him his rate, I expect to save $471 when considering extra deductions, money management, and work he’s done. That’s $471 that’s staying safe in my Vanguard Prime Money Market account.
And maybe the icing on the cake, I was told I was one of the most prepared/mature clients he had, and for “such a youngster” he could tell I was on the right path. He asked me where it came from, and I proudly told him all about the Professor.
UPDATE ON A LISTENER WHO TOOK TOM'S ADVICE Remember our caller John from Northern California? Or maybe you remember him after he had moved to Austin, Texas? He and his wife had split up and, on Tom's advice, he moved to Austin to save money and to build a better life alone with his son. Hear all about how John and his son are doing today. He wrote with an update that will (dare we say it?) warm your heart!
Got a story like this for us? Send it in right away: firstname.lastname@example.org.
MAGIC JOHNSON QUITS without even telling his boss, Lakers owner Jeanie Buss! Everyone who lives in Southern California loves Earvin for all the fun of winning five Laker championships, but what does his resignation tell us about his work as a sports executive? The Lakers' TV channel won't tell you. The Lakers' radio station doesn't want to rock the boat, so they won't tell you. The other sports radio station in LA wants to carry the Laker games when the current deal is up so they won't tell you. But Tom will!
What do you think? Tom wants to know: email@example.com.
THE PROBLEMS WITH YOUNG MEN Why are young men today increasingly prone to suicide, drug overdose, obesity and withdrawal into video game addiction? Don't take Tom's word for it! Here's proof from an educated, reliable source that, as Tom has always said, it's all because of single mothers!
Agree? Disagree? Tell Tom now: firstname.lastname@example.org.
THOSE POOR, POOR HOMELESS! Hear the story about two people who just can't figure out how this happened to them...but Tom can! Unless you're mentally ill, didn't you play at least some part in your ending up living in Tent City? Tom lays it on the line!
What's your opinion? Tom wants to know: email@example.com.
MORTGAGES FOR DEADBEATS? Didn't we learn from what happened in the 2000s? Remember what happened to the economy? Remember the reason it happened? Well, one major US bank has apparently conveniently forgotten. But Tom hasn't!
What's your opinion? Tom wants to know: firstname.lastname@example.org.
WHAT IF YOU FOUND OUT THAT YOU'RE ONE OF 30 SIBLINGS? That's what happened to this woman in the Bay Area when she took a "harmless" DNA test to satisfy her curiosity. Ever think about what could happen if you took one of these tests? Tom has!
What do you think? Got an idea for an upcoming episode? Send it directly to Tom: email@example.com.
EX-WIFE COULD MAKE BABIES USING EX-HUSBAND'S SPERM AND MAKE HIM PAY! A listener sent us this story from the Arizona Republic that will make you angry. Ever get asked for your DNA? This guy was. And now he's gonna pay! Could this be you one day?
Got a story idea like this one? Click here and send it directly to firstname.lastname@example.org.
YOUR MONEY EMAILS What do you do when you've paid off your last credit card? Is a 401(k) a good idea for you? Can you get a guaranteed return on stocks? What do you do when an employee in your office is flirting with you? And much more.
Here's an article Tom used to prepare for this episode. How much of a return can you expect from the stock market every year? Could be much less than you think!
Got money questions for a future episode? Send them to Tom directly: email@example.com.