9/25/26 Wall Street Goes Green as Bakersfield Gets a Golden Spoon!

The Moneywise Radio Show and Podcast Friday, September 25th BE MONEYWISE. Moneywise Wealth Management I "The Moneywise Radio Show & Podcast" call: 661-847-1000 text in anytime: 661-396-1000 website: www. MoneywiseGuys.com https://www.moneywiseguys.com/ facebook: Moneywise_Wealth_Management https://www.facebook.com/moneywiseguys/ LinkedIn: Moneywise_Wealth_Management https://www.linkedin.com/company/moneywise-wealth-management-bakersfield/ Guest: Cecily & Jennie, Owners of Golden Spoon Bakersfield website: https://goldenspoonbakersfield.com/ instagram: @goldenspoonbakersfield https://www.instagram.com/goldenspoonbakersfield/ facebook: Goldenspoon_Bakersfield https://www.facebook.com/people/Goldenspoon-Bakersfield/61586889216849/ The opinions voiced in this podcast are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision. Cecily Jones, Jennie Klassed & Golden Spoon Bakersfield are not affiliated with nor endorsed by LPL Financial or Moneywise Wealth Management

• 0:00Speaker 00

  Live from the basement inside the historic Woolworths Building in downtown Bakersfield.

• 0:05Speaker 01

  Call or text in at 661-396-1000.

• 0:09Speaker 02

  I need a dollar, dollar, dollar, that's what I need. Hey, hey. Well, I need a dollar, dollar, dollar, that's what I need. Hey, hey. Said I need a dollar, dollar, dollar, that's what I need. And if I share with you my story, would you share your dollar with me? Securities offered through LPL Financial, member FINRA, SIPC. Investment advisory services offered through LPL Financial. LPL Financial and MoneyWise Wealth Management are independently owned and operated.

• 0:37Speaker 00

  Now, let's start the MoneyWise Show.

• 0:40Speaker 03

  Hey, welcome to the Friday edition of the MoneyWise Show. Live here from the basement of the historic Woolworths Building in downtown Bakersfield. Call or text into the show anytime, 24 hours a day, 661-396-1000. We did get a few texts and messages that popped in over the last 23 hours since we've been on the air last. So we'll get to those here in just a moment. For the next hour, you're here on News Talk 96.1 and 1230 AM KERN. Streaming live at MoneyWiseGuys.com. Go ahead and check it out if you want to listen to those podcasts without any commercials, or you want to listen to a past edition, if you will. So you want to go back a year in time and look at what bond rates were.

• 1:25Speaker 03

  You can go back and find it there.

• 1:28Speaker 00

  You can go back five years.

• 1:30Speaker 03

  You can go back five years. You could really go crazy.

• 1:33Speaker 00

  When the Packers were still good.

• 1:35Speaker 03

  Yeah, I'm still licking my wounds from last night. Oh, my.

• 1:37Speaker 00

  They looked like the Dolphins last night.

• 1:39Speaker 03

  Oh, my goodness. That was, that was, when the, when the fans in Lambeau are booing you off the field,

• 1:49Speaker 03

  they don't boo their team.

• 1:51Speaker 00

  I almost text you last night. Have you ever been to Lambeau?

• 1:53Speaker 03

  Yes, I have.

• 1:54Speaker 00

  Is it as nice as it looks?

• 1:56Speaker 03

  Uh, I went nearly 30 years ago, so it's probably changed since then.

• 2:03Speaker 03

  No, I think I went to, uh, the, the only time I went to Lambeau, we wound up getting tickets and, uh, we wound up going to the season opener against the Bears. Um, and I want to say it was like 2005.

• 2:21Speaker 00

  The Brett Favre days?

• 2:22Speaker 03

  Yeah, Brett Favre days. And, uh, they lost. And so I was licking my wounds then as well. And it really, really upset me. And I haven't gone back because I felt like I was a bad luck charm.

• 2:34Speaker 00

  Yeah, I get it.

• 2:35Speaker 03

  Yep.

• 2:36Speaker 00

  It could be worse. You could be a Dolphin fan.

• 2:39Speaker 03

  Yeah, we've won something since then.

• 2:40Speaker 00

  Hey, hey, hey, hey, hey.

• 2:42Speaker 03

  A couple of times.

• 2:43Speaker 00

  I had to start the season watching my team lose to the Raiders.

• 2:46Speaker 03

  Uh, yeah.

• 2:48Speaker 00

  All right, let's, let's just move on, please.

• 2:53Speaker 03

  Licking my wounds. Oh, well, hey, uh, we're your hosts today. I'm Justin Leland here with.

• 2:58Speaker 04

  Frank Lee.

• 2:58Speaker 03

  Frank, how you doing, man?

• 3:00Speaker 04

  I'm happy.

• 3:01Speaker 03

  Getting, getting ready for the weekend?

• 3:02Speaker 04

  Getting ready for the weekend. And that weekend is just resting.

• 3:07Speaker 03

  Yeah, I don't know if, uh, yeah, I'm, I'm hopping on a, I'm hopping on a, on a, on an aeroplane.

• 3:13Speaker 04

  Oh, yeah, that's right. Going to the convention.

• 3:15Speaker 03

  Yeah, we have a, a conference, so, uh, a couple of the advisors will be in Nashville for a couple of days, uh, next week. Learning all the good things about what's going on in the, in the markets and everything. Not that we don't already pay attention to it, but we got to learn some more things. We've got to do the continuing education, all that kind of good stuff.

• 3:32Speaker 00

  Get some barbecue while you're out there?

• 3:33Speaker 03

  Uh, maybe some chicken and waffles, chicken and hot waffles.

• 3:36Speaker 00

  From Nashville?

• 3:36Speaker 03

  Yeah, hot, hot honey, whatever.

• 3:38Speaker 00

  Mm-hmm.

• 3:39Speaker 03

  Yeah.

• 3:39Speaker 00

  I'm hungry.

• 3:40Speaker 03

  Yeah.

• 3:43Speaker 03

  Anyhow, we're going to get down to business here with, uh, we have a, a good friend of the show, uh, joining us here, uh, in the second half of the show?

• 3:51Speaker 00

  Yeah, she'll, she'll be in the. Cicely and Jenny at 1230.

• 3:55Speaker 03

  Yeah, Cicely and Jenny at, uh, 1230. What is the name? I'm trying to look it up here. Golden Spoon, that's where it is. Uh, gold, they're, we've been there and I'm like, yeah, Golden Spoon. Uh, they, uh, just opened up in the marketplace and, uh, they're coming in and hopefully they have some frozen.

• 4:12Speaker 04

  Yeah, we can only hope, we can only hope.

• 4:14Speaker 03

  Um, at the bottom half of the hour. Uh, but we're going to do what we do best and we're going to get down to some numbers and talk about what's going on in the markets today. It looks like there's some green on the screen, Frank, what's going on?

• 4:25Speaker 04

  Yes, and we like seeing green. Um, so, uh, again, markets are still open. We still have about an hour until the, uh, the close. Dow Jones about up 84 basis points, S and P 500 up 43, Nasdaq 44, and Russell 2K 18. So, uh, a lot, a lot of green across the board. I mean, all green.

• 4:47Speaker 03

  All green. And the reason I think for that is that, uh, oil prices have started to kind of come down a little bit. Uh, not, not precipitously, but they've come down a little bit. And that's causing the markets to kind of rebound from their, their loser last week. So we'll, we'll see how that goes, but, uh, wanted to talk a little bit about the bond yields. And, you know, right now, bonds are kind of the name of the game. Uh, the 10-year bond yield, um, looking it up right now, still over 5%.

• 5:25Speaker 03

  You know, long-term bond yields are kind of surging right now. And, um, there's a couple of banks that are predicting that the 30-year Treasury, uh, might get up towards a 5.6% the 30-year. This would mean that the 30-year yield would be at their highest level since 2004.

• 5:50Speaker 03

  Don't know if we're going to get all the way to the 1982 highs. But this, uh, banks are saying that they see the yields on a 30-year Treasury bond raising to 5.6 in the next few months as of Thursday afternoon. So yesterday, yields sat at 5.4, 5.43 to be exact, up from 4.8 at the start of the year. So a full, what is that, 60 basis points, uh, just in the last, you know, nine months? And so when yields rise, as we all know, as, as yields rise, the bond prices, the value of the bonds that you currently hold actually go down in value. Um, you know, higher long-term bond yields tend to weigh in on the stock performance as well.

• 6:34Speaker 03

  So the long-term bond yield, the 10-year, the 20-year, the 30-year,

• 6:41Speaker 03

  that will have a negative impact on stock performance as, let's, let's face it, if you're trying to get a, um, you're trying to get a better yield or you're trying to get a better return on your investment. Those high borrowing costs, if you're, if you're a business owner or you're one of these, uh, S and P 500 companies, you use debt for pretty much everything that you do, right? You don't have just, uh, loads of cash just sitting around. You're actually utilizing short-term debt, intermediate-term debt, sometimes in some cases, some long-term debt. But the, the further out on the yield curve that you go, the higher that those yields are,

• 7:24Speaker 03

  is also going to pull up those short-term yields as well. That yield curve is just going to shift up. And so when you have the two-year bond yield, you know, at darn near 4%,

• 7:39Speaker 03

  borrowing costs for businesses is going to be a, a real concern.

• 7:44Speaker 04

  Yeah, and, and those short-term bonds are usually the ones that are more volatile in the sense of.

• 7:49Speaker 03

  They move much, yeah, they move much quicker. So here's the thing. So when you have the, the 10-year bond and the 30-year bond, both moving in, in that tandem, above 5%, approaching 5.5, 5.6%, it pulls pretty much everything else up with it to a certain degree. And obviously, if the Fed, who just raised interest rates, is talking about raising rates again and possibly twice, um, what does that 30-year bond yield look like? So borrowing costs, so this is what is going to be the issue. If you're thinking about it from a, from an investor standpoint, looking at the stock market. Now, remember, the bond market actually is larger than the stock market. People don't really realize that.

• 8:31Speaker 03

  The US bond market is, is actually larger than the US stock market. So when bond yields move, investors should pay attention. And when bond yields are moving like this and the stock market's really kind of staying flat, it's not moving very much, you got to start take, paying a little bit of attention. And so when those bond yields are up the way they are, the borrowing cost for these companies goes up, meaning that their capital expenditures. So if you're a business that's trying to expand, you're expanding using debt and you're expanding using that debt to build new buildings, build new factories, build new, whatever it is that you're building to build that widget,

• 9:16Speaker 03

  you need capital expenditures to do that. Well, now the borrowing cost just went up.

• 9:21Speaker 03

  And therefore, your ROI went down and your profit margins have probably dwindled. So what does profit margins have to do with the stock price? A lot. Earnings per share, right?

• 9:33Speaker 04

  Exactly.

• 9:33Speaker 03

  What is your earnings per share? So all of these things have, are connected in some way.

• 9:38Speaker 04

  Yeah.

• 9:39Speaker 03

  So.

• 9:39Speaker 04

  Shareholders are, the one, one of the major metrics they look at is that profit margin.

• 9:44Speaker 03

  Correct.

• 9:45Speaker 04

  You know, are, are they increasing their margins, you know, ever so slowly?

• 9:48Speaker 03

  Is there, is there earnings per share going up or is it going down quarter by quarter?

• 9:52Speaker 04

  Yep.

• 9:53Speaker 03

  That really kind of is the thing that most investors, fundamental investors are looking at.

• 9:58Speaker 04

  Yep.

• 9:58Speaker 03

  So think about that. I mean, bond yields are going up. It is going to be a, a kind of a crazy market for a little while, I think. Uh, waiting for the, you know, inflation to potentially come back down. I mean, we're still talking about Iran and all this other stuff. And, you know, oil prices have kind of started to come a little bit down, but we had to pay attention to what that is going to do for inflation. The Fed is going to continue to raise rates to combat that. And you're going to see bond yields continue to go up the way they are. We're going to take a quick break. When we come back, we've got a couple of your questions that we'll get to right after this.

• 10:45Speaker 03

  Welcome back.

• 10:49Speaker 03

  Welcome back to the Money Wise Show. I'm your host, Justin Leland, here with Frank Lee and the obligatory fly in the studio.

• 10:58Speaker 00

  I've got one in my office, too, that's been living there for a week.

• 11:02Speaker 03

  It's like, just will not leave Frank and myself alone.

• 11:05Speaker 00

  It's Frank?

• 11:06Speaker 03

  It's Frank.

• 11:07Speaker 04

  Oh, is it me?

• 11:07Speaker 03

  It's all Frank.

• 11:08Speaker 00

  He's the poop.

• 11:09Speaker 04

  Oh, right, right, right.

• 11:11Speaker 03

  He is it.

• 11:11Speaker 04

  Yeah.

• 11:14Speaker 03

  Like, stink.

• 11:15Speaker 00

  And I clean that up.

• 11:15Speaker 03

  Like, stink on you know what.

• 11:18Speaker 04

  Oh, my gosh. You know what's funny? You know those Tony boxes? Have you, like, the, you know, the Tony box?

• 11:23Speaker 03

  Uh huh.

• 11:24Speaker 04

  So, uh, Theo's of toddler age and, like, we're trying to train him, like, potty train him and everything. And there's, like, a little, little, um, song. I don't know what you really call those little, um, little things, but the things that you put on top of the Tony box to play the songs.

• 11:41Speaker 03

  Oh, yeah.

• 11:41Speaker 04

  There's a, there's a poop song. There's a poop one.

• 11:44Speaker 00

  Of course.

• 11:44Speaker 04

  Yeah, yeah, yeah. And it's, it's like, it's, it's pretty nice, though, because he, he loves that thing now. He plays it every time.

• 11:51Speaker 03

  Yeah?

• 11:51Speaker 04

  Yeah.

• 11:51Speaker 03

  Is he, but he's, he's getting trained, so.

• 11:53Speaker 04

  No, he's not.

• 11:53Speaker 03

  Yeah, yeah, yeah. Therein lies the problem.

• 11:56Speaker 00

  Just for entertainment.

• 11:57Speaker 04

  Yeah, just for entertainment, because, like, there's songs to it and everything, but he, uh, I, I think it's, it's sort of prepping him, like, because he understands, oh, poop.

• 12:06Speaker 03

  Yeah.

• 12:07Speaker 04

  Eventually, once we actually do the potty train.

• 12:09Speaker 03

  Yeah, well, that might be, uh, a little, yeah. As, as anybody who's had children knows, that can be some of the most, uh, distressing times.

• 12:19Speaker 00

  Make those memories.

• 12:20Speaker 04

  Yeah, core memory.

• 12:21Speaker 03

  Core memories for a parent. Uh, yeah.

• 12:24Speaker 04

  Love it.

• 12:24Speaker 03

  Um, at least you're done with pampers when you're done with it, but man, the gauntlet you go through to get there is.

• 12:30Speaker 04

  Yeah.

• 12:32Speaker 03

  Uh, anyhow, we got a couple of messages that came in. Frank, what's that first one you got?

• 12:36Speaker 04

  Yeah, let's, let's go through this. So, first one is, hey, Money Wise, I am turning 54 next week, and my wife and I are trying to get serious about retirement. Happy early birthday there. Uh, but we're also helping our daughter pay for college and helping my mom with her bills. We want to be there for our family, but I'm starting to worry we're putting our future in, on the back burner. How do you set, how do you set how much you can budget to help family without screwing up your retirement? That is a great question.

• 13:04Speaker 03

  Yeah, that's a tough one, because what you're, what you're describing right there is the quintessential sandwich generation.

• 13:11Speaker 04

  Yeah.

• 13:12Speaker 03

  Right? And you want to help your mom. You want to help your daughter. You want to help everybody. And you're probably at, at your peak earning years at 54. You're probably at or in, uh, your peak earning years as, as an adult. Um, man, that's a tough one. I mean, what, what do you say, Frank?

• 13:35Speaker 04

  I mean, it, it, that is the, the scenario that we, we talk about a lot when I do these 401K meetings, in a sense, where you are in that generation where you're taking care of, uh, two separate, uh, households at that point. You have a young adult that's growing up, going to college, um, supporting them, helping them, but then you also have, on the other side, uh, an aging parent.

• 14:01Speaker 03

  Yeah, aging adult, aging parents, yeah.

• 14:03Speaker 04

  Right. And so that's, that's where the term comes, the sandwich generation.

• 14:07Speaker 03

  Yeah.

• 14:07Speaker 04

  Uh, but at a certain point in time, yeah, you, your concerns are right. Uh, you need to be focusing on yourself and for retirement in order to, to help you guys, you know, be able to retire, but also, uh, when, when it comes time to supporting others, you're able to do so in a more, uh, like, fiscal sense.

• 14:29Speaker 03

  Yeah, a meaningful way that is not going to derail what you're trying to accomplish for yourself.

• 14:35Speaker 04

  Yeah.

• 14:35Speaker 03

  Because if you do it too much, then your daughter's going to be doing the same thing you're doing for your, your mom.

• 14:40Speaker 04

  Yeah, and it's a, it's just a cycle.

• 14:42Speaker 03

  You got to break the cycle at some point, right?

• 14:43Speaker 04

  Yeah.

• 14:44Speaker 03

  And, you know, it's, you, you, you obviously want to help, but my, my take on this is you've got to take care of number one first, and that's you, right? And this is not meaning to be selfish. This is, you're still going to be able to help other people, but you got to put some guardrails around it. Um, it's going to sound selfish, but it's, it's not. Um, you got to look at your retirement plan that you have with your employer, whether it be a 401K, a simple IRA, whatever the options that you have, and you need to budget in how much you're going to contribute to that 401K. Where do you currently stand? Where do you need to be when you are going to retire at 65 or 67? So, we're talking, what, 13, 14 more years from where you are right now.

• 15:31Speaker 03

  That's enough time to be able to make a dent in it, but you have to be disciplined enough to do it, and you got to put that into the budget. You got to say, okay, if I, if I need to be at 1.2 million in my 401K by the time I retire, and I'm sitting at 180,000 right now, and I got 14 years to get to where I'm going to go.

• 15:53Speaker 04

  Yeah.

• 15:53Speaker 03

  How are you going to get there? You've got to, like, figure out, hey, if I'm going to get an 8% rate of return, you talk to an advisor, you know, call, we'll, we'll walk you through it as well, but you got to look at what that end goal is, what that number's going to look like for you.

• 16:07Speaker 04

  Yep.

• 16:07Speaker 03

  And how do you approach it?

• 16:08Speaker 04

  Yeah.

• 16:08Speaker 03

  And you got to take into account, what does my company match? How much do I, if it means that you have to put in, like, 8% of your pay to do that?

• 16:15Speaker 04

  Mm-hmm.

• 16:16Speaker 03

  Then you got to put in the 8% of your pay, and that becomes, that's the floor. You cannot.

• 16:21Speaker 04

  Yeah.

• 16:21Speaker 03

  Budget, you can't budge from that piece.

• 16:24Speaker 04

  Yeah.

• 16:25Speaker 03

  And you have the discipline to continue putting in that, whatever that number is that you have to, to put in. Whatever's left over from that in your budget, if it's, hey, I'm going to be helping my mom with, say, $250 worth of groceries a month, or whatever bills you're picking up, and, hey, my daughter's going to be, you know, I need to help pay for her college or whatever. Uh, you know, the other thing about college, um, there are loans.

• 16:51Speaker 04

  Yeah, I was just going to say that.

• 16:53Speaker 03

  There are no loans.

• 16:54Speaker 04

  Yeah.

• 16:54Speaker 03

  For retirement.

• 16:56Speaker 04

  Yeah.

• 16:56Speaker 03

  Like, that's the, I mean, you got to look at it this way, where it's like, your daughter can take out a loan. She'll be fine.

• 17:05Speaker 04

  Yes.

• 17:05Speaker 03

  Right?

• 17:05Speaker 04

  Yes.

• 17:05Speaker 03

  And you, you can assist in helping her maybe pay off that loan.

• 17:09Speaker 04

  Yeah.

• 17:09Speaker 03

  Later on, at a lower rate than just paying for college outright.

• 17:13Speaker 04

  Yeah.

• 17:13Speaker 03

  You see what I'm saying? So, like, if you're paying $20,000 a semester for her to go to college in, you know, upstate New York, you know, um, that's not fiscally responsible.

• 17:24Speaker 04

  Mm-hmm.

• 17:24Speaker 03

  Right? Um, but if she has some loans or something like that, and she's able to get her degree, she'll be able to help pay for her way. You'll be able to pay for a little bit and maybe help out, but you're not derailing what you need to do for your own retirement.

• 17:36Speaker 04

  Yeah. There's, there's a lot of factors to this that we can really dive in with, with them, uh, in terms of their goal, like, how much they want to save. What does that look like? You know, calculating the future value and, and.

• 17:47Speaker 03

  Right.

• 17:47Speaker 04

  How much they need to save towards it. But, yeah, like, the whole helping your, your child for college and paying into the college tuition is, although it's, it's, it's a nice idea, and nobody likes a loan. Let's, let's.

• 18:01Speaker 03

  Yeah.

• 18:01Speaker 04

  You know, let's face it. Uh, but if it's working towards a career, and it's a good career, um, you're, you're paying that loan forward by, by going into that career.

• 18:11Speaker 03

  Right. If your daughter's getting a degree in underwater basket weaving, and there's no job, just, there's no jobs out after college for that, then, I mean.

• 18:21Speaker 04

  Yeah.

• 18:21Speaker 03

  Where are you putting your money? Now, if she's getting her degree, and she's in graduate school, and she's going to go, you know, pre-law or something like that, and she's going to, you know, she's got a career ahead of her, yeah.

• 18:31Speaker 04

  Yeah.

• 18:31Speaker 03

  You know, you got to make those calls as well.

• 18:33Speaker 04

  Yeah.

• 18:33Speaker 03

  It's all a very personal decision. Um, but definitely, um, you got to look at your own situation first.

• 18:41Speaker 04

  Yeah. That's, that's where we come in and can help, you know, look into those numbers, do a deeper dive, exactly understand, like, what is the situation?

• 18:49Speaker 03

  Oh, yeah. And I just, you know, it, that, that's the difficult part, is because you are torn emotionally. You want to help family. You, you absolutely, like, you know, you know, uh, be a bit vulnerable here, but like, you know, um, you have a son that's living in an apartment, and you're helping him and paying the rent, and, you know, that kind of a thing, and eventually you got to say, look, I, I can't continue to pay your rent or, or help you pay your rent. You've got to be able to adult on your own. What are you teaching people if you're going to continue helping them constantly if they're not going to be able to help themselves? That's a different topic, but we all want to help our family members. We all want to be in that boat to be able to kind of, like, spread the wealth around if we can.

• 19:33Speaker 03

  Um, but if it means that you're not utilizing your 401K to the, to the best of its ability, you're doing yourself a disservice, and you need to make sure that you budget that in.

• 19:44Speaker 04

  Yeah.

• 19:44Speaker 03

  Yeah.

• 19:45Speaker 04

  Exactly.

• 19:45Speaker 03

  Um, we got another message here, and, uh, we're going to be going into our break here in just a moment, but, uh, we are big fans of Golden Spoon, as we had a shop by our house growing up, but we are going to let the crowd, uh, go down a bit before we try to make it in, because it's been super busy, which is a super good thing. Uh, yeah, so Cicely and, and Genie, uh, yeah, we're going to be, uh, getting down to business here in just a moment with Cicely and team. Um, we'll talk and ask them about all of the flavors they have.

• 20:15Speaker 04

  Oh, yeah.

• 20:15Speaker 03

  And, you know, absolutely, the marketplace is already a, um, a destination. Uh, and I'm sure that after the movies are let out, like, that place just gets absolutely swarmed, right?

• 20:26Speaker 04

  Yeah.

• 20:26Speaker 03

  So, I, I totally get it. Uh, but we'll be getting down to business here with them in just a moment. I'm really looking forward to it. Um, you know, tasty, tasty treats over there, you know?

• 20:35Speaker 04

  Oh, yeah.

• 20:36Speaker 03

  And, uh, yeah.

• 20:36Speaker 04

  I'm excited.

• 20:37Speaker 03

  All the things. Um, I've also got another one that came in, says, I've been hearing a lot about Uber spending a bunch of money trying to change the laws around car accidents. That is true. There are propositions that are being processed. That's a better question for when we get Matt Clark on the, on the show. And, uh, we'll, we'll be getting him on soon. Uh, but we'll be right back with Cicely from Golden Spoon when we come back.

• 21:09Speaker 03

  Welcome back.

• 21:13Speaker 03

  Welcome back to the Money Wise Show. It's a wonderful Friday.

• 21:18Speaker 03

  I'm your host, Justin Leland, here with Frank Lee. We are joined here in studio by the new owners, the owners of the Golden Spoon, Jenny and Cicely. Yeah, thanks for joining us today. How are you guys?

• 21:32Speaker 05

  Thanks for having us. Good, thanks for having us.

• 21:34Speaker 03

  Yeah, it's awesome. Um, you know, so

• 21:38Speaker 03

  I don't live in the Southwest, but I will be making trips down to the Southwest.

• 21:44Speaker 04

  Well, Jenny was just telling me that they have DoorDash now.

• 21:46Speaker 03

  Yeah. It might be a little melted by the time it gets to me, but maybe I'll pay for the prime.

• 21:53Speaker 05

  We tested it and a guy that lives 25 minutes away, he said, um, he sent us pictures and said it arrived. Okay.

• 22:01Speaker 03

  Okay, then I might have to, I might have to test it out. Yeah. So, you know, but I do the Uber Eats or DoorDash or whatever. I always like, if I know it's cold or something like that, I, I always do the priority up. I'll pay the extra like $3 to have it delivered first. So it's not, I hate melted.

• 22:19Speaker 04

  I mean, yeah, who likes melted?

• 22:22Speaker 03

  It turns into a milkshake and you just don't want it. But anyhow, so Golden Spoon is open and the doors are open and they're being knocked down. We heard from one of our guests who said, yeah, love Golden Spoon. We're definitely going. We need to wait for the doors, for the crowds to go down just a little bit. So how are things going now that you've been opened?

• 22:46Speaker 05

  They're going great. I mean, I think we've learned things that we never thought we would need to learn and just really kind of taking it day by day, like we talked about before we went on air, there's little troubleshooting things, you know, constantly, but that's just part of it. All in all, the fact that none of us have any background in frozen yogurt. And we kind of came into this just knowing like, hey, this would be fun and a great addition to Bakersfield. I'm really proud of us. I mean, I would say it's going great. Has it been easy the whole time? No, but yeah.

• 23:24Speaker 03

  But it's a bit of a labor of love and that kind of a thing. And so

• 23:27Speaker 05

  It's been an adjustment.

• 23:28Speaker 03

  Yeah. And so, I mean, Golden Spoon is, is family owned, the two families, obviously Cicely and Jenny owning it. And have a shared vision of creating a place where quality products and community connection come first. I'm guessing that after the movies are let out, that you guys just get an absolute rush of people showing up. And like just the marketplace in general, it just kind of feeds itself towards just those like little things, you know, that

• 23:55Speaker 05

  Yeah. And that's part of why we chose that location is if you go to the marketplace, you know, it's been around for a long time. I used to hang out there as a teenager and we're kind of seeing it come full circle and be that way again. And there's just always people there. So our parking lot is always full and I love that. It's a place where a lot of families come to gather, a lot of outdoor seating and our cute little courtyard, it's been really exciting to see it full of people again and full of families.

• 24:23Speaker 04

  Yeah. Do you guys, do you guys see a lot of the changes coming to the marketplace? Cause it feels like from my side, I feel like there, there wasn't a lot of traction going into the marketplace, but recently with like just wing it.

• 24:38Speaker 03

  Yeah, they've really upgraded the place over the last little

• 24:40Speaker 04

  Yeah, and now Golden Spoon is

• 24:42Speaker 05

  Yeah. And they just did a groundbreaking about a month ago and have now are in the process. I think it starts in a week or two. We just got an email yesterday from the landlords, but they're renovating where the fountain used to be and they're making a whole new gathering spot. So they said it'll be open.

• 24:58Speaker 03

  Just like right outside your door.

• 25:00Speaker 05

  Yeah. I mean, it's not our courtyard. It's the main courtyard outside of the movie theater, but yes, I think it's going to just be, make it even more of a place to gather and they're kind of opening it up and making, I guess turf there and it'll be a little more integrated. There's like right now, there's like two ends that you can walk into that space.

• 25:20Speaker 03

  Right.

• 25:21Speaker 05

  And they're opening all that up, taking down like the little metal gates that kind of keep kids off of that grass area.

• 25:28Speaker 03

  Right.

• 25:28Speaker 05

  And so the whole thing will be much more integrated to kind of flow in from one shop out to the center. And then having a water feature again, it looks like it's going to be beautiful.

• 25:39Speaker 03

  It's going to be really awesome. We did get a question from folks here. What about the flavors?

• 25:46Speaker 05

  Yeah. So we usually have 12 flavors up and running and we have six machines. So two flavors in each machine. If you like the two flavors, we can swirl them together. If not, we can always do side by side of different flavors. I'd say right now, we of course always have a chocolate and a vanilla. Our chocolate is chocolate brownie gelato. We usually always have strawberry cookies and cream, peanut butter, a tart, a no sugar added, and then some sorbets.

• 26:17Speaker 03

  Okay.

• 26:17Speaker 05

  Which are dairy free options. Speaking of flavors and swirling, so last night Jenny and I were like looking at the machines and thinking about like, when we run out of this one, like which flavor should we come in, you know?

• 26:31Speaker 03

  Switch it up or whatever.

• 26:32Speaker 05

  And so we're like, oh, you know what? Like, why have we never thought about having our cheesecake flavor in the same machine as strawberry? They're always in separate machines and we're like, that would be neat. Because then we could swirl and like make it like

• 26:45Speaker 03

  Strawberry cheesecake.

• 26:46Speaker 05

  Strawberry cheesecake. Hello. Like how have we not thought about that? A lot of people have ordered it side by side. It just wasn't in the same machine to swirl together. So that's what we were working on this morning. Then we decided to take that task on this morning.

• 26:57Speaker 03

  Well, then the peanut butter and the chocolate brownie have to go together. So you can make your own like Reese's, right? So something like

• 27:03Speaker 05

  Now the, now cookies and cream will be with peanut butter, which I, I didn't know that was a

• 27:10Speaker 03

  That was a thing.

• 27:11Speaker 05

  Duo that I would like, but now I'm like, ooh. It might taste good together because the chocolate's with the vanilla and I think those have to kind of stay together. But

• 27:18Speaker 04

  Yeah, I'll have to try that one. Cause I'm, I'm big on peanut butter.

• 27:21Speaker 05

  Well, that's what got me hooked on Golden Spoon 20 years ago was the peanut butter. I'm just a huge peanut butter fan. A lot of places don't carry peanut butter. I think maybe because of the risk of allergens and stuff. But in this town, when we moved, when I moved back here from being in college in San Diego, I was like, man, where's the peanut butter for you? Like it just doesn't exist here. And I had fallen in love with Golden Spoon down in San Diego and always said to myself, we need one of these here. There's nothing like it here. And the quality is just different. The taste of it's different, the whole experience. And so that's always been in the back of my mind and really how we got to where we are today, I guess, is in conversation.

• 28:02Speaker 05

  I don't know. One night we were like, they were talking about, you know, possible business venture. And I said, oh, well, we've looked into this, you know, franchise, which actually is a licensee and we started kind of brainstorming together and took them to try it in Santa Clarita. That's the closest location to us. And they're like, let's do it. Like

• 28:22Speaker 03

  It was that good that it's like, uh, just it, it sold you immediately that like, hey, this is, this is a thing we're going to do.

• 28:29Speaker 05

  Yeah. Well, yeah.

• 28:33Speaker 05

  I mean, Whenever there's a bad day, I just remind Kyle like, hey,

• 28:37Speaker 03

  Hey.

• 28:37Speaker 05

  This is your idea. This is actually really hard. It's a lot of fun though. And then Kyle blames it on me probably. And he's like, actually it was Jenny's idea.

• 28:46Speaker 03

  Jenny's idea. Um, so yeah, I mean, is this your first foray into being business owners on your own and, and running a business? In this kind of a fashion?

• 28:56Speaker 05

  So I owned a virtual skincare business for 12 years. So I'm familiar with the marketing and just kind of how to run a business, although it was not an in-person business. It was mostly online. So that aspect's different. I mean, I did deal with the public, but it was mostly people that I had built a connection with. So not just complete strangers.

• 29:15Speaker 03

  Right.

• 29:16Speaker 05

  But the people part of it is always what I loved most about that business. And so I love that now it's, you know, doing the same and actually even more because we have, you know, new faces walking into the door every day.

• 29:28Speaker 03

  Absolutely. And I mean, the other part of it is, I mean, you were, you were running a business that was, you know, virtual. You didn't really have employees, right? I'm assuming.

• 29:35Speaker 05

  Yeah, I had business partners. So I trained and helped a lot of other people start their own business. But yeah, again, it was more of they were their own boss. I was, you know, my own boss and I could help them learn what to do, but I wasn't their boss.

• 29:51Speaker 03

  Right. So this is maybe a little bit different. You actually have employees now. Is that, is that kind of a new thing?

• 29:57Speaker 05

  It is, it is. And Cicely's been handling most of the HR type stuff, but it's been really cool because we've pretty much have all teenagers or early twenties working for us. And so we love that that's given, you know, an opportunity for these young adults to have their first job.

• 30:15Speaker 03

  Right.

• 30:16Speaker 05

  Our kids are also working, three of our children combined. Our teenagers are, are some of our employers.

• 30:23Speaker 03

  Some of the employees, yeah.

• 30:24Speaker 05

  But then also sound that we, you know, never knew. We posted on Instagram that we were hiring and we had over 600 applicants in like a three hour period.

• 30:34Speaker 03

  That is insanity. Oh my goodness.

• 30:36Speaker 05

  But you know, it shows you the need for these kids to have an opportunity.

• 30:40Speaker 03

  And that's what I think. Yeah. I mean, the excitement's great, but it's also kind of like, it's a telling sign of our economy that you, you open a position and say, we're hiring for like three spots and you get like 600 applicants. That's, that's crazy.

• 30:54Speaker 05

  Very quickly had to come up with like a little procedure of how Jenny and I were going to like split these numbers in half and like

• 31:02Speaker 03

  Interview the right ones and like, yeah.

• 31:04Speaker 05

  Well, looking at all of them and then kind of like deciding

• 31:08Speaker 03

  The callback pile and the no callback pile.

• 31:11Speaker 05

  And I'm sure we missed some great people actually, you know, because you're just taking like a piece of paper and trying to then go, okay, who are we going to have come back for an interview? And we only, I think interviewed a little over a hundred because I think 600 is

• 31:24Speaker 03

  You can't interview 600 people.

• 31:26Speaker 05

  Right. So I'm sure we missed some great people, but We did some group interviews.

• 31:30Speaker 03

  Yeah.

• 31:31Speaker 05

  And again, that was like a big learning curve. Yeah. Um, we did it at the conference room in Kyle's office and we, I think we had groups of 10.

• 31:40Speaker 03

  Okay.

• 31:41Speaker 05

  And that was kind of like the third stage of the process. We had them submit video interviews was the second stage, which was actually really cool to get to see some personalities and we told them a couple of things we wanted them to

• 31:54Speaker 03

  Like a little mini TikTok kind of, uh, you know, vignette.

• 31:57Speaker 05

  Although I'd say the downside with that now is AI. So you could tell that a lot of these people We're simply reading a script, which is not really what we are looking for.

• 32:07Speaker 03

  Yeah, show us your personality.

• 32:08Speaker 05

  Right, because you know, customer service, I think, is something that we're really striving for and something that we're getting to be known for. And so you, we want people who are able to have a conversation with our customers and to be able to greet them. And that was one of the things that we first worked on with them is a lot of these people have never been out in front of the public before. So they're not accustomed to saying, hi, welcome in, how are you today? And so that's something that we've really been working on, and I think they're doing a really great job at it. But

• 32:38Speaker 03

  Which is a huge, that's a huge personal skill that I think is missing from a lot of our younger generation who have

• 32:44Speaker 05

  Yes.

• 32:45Speaker 03

  lived on their phone. And it's like, you know, trying to get my son to make a phone call is like, oh, my God, don't make me make a phone call. Do they have a website? Can I just text them or whatever? So it's a learning curve for some of these young adults to like, oh, this is, this is real life. This is the world.

• 33:03Speaker 05

  Yeah. But tightening up on that characteristic for these kids, I think, is it will benefit them in the long run.

• 33:11Speaker 03

  Absolutely.

• 33:11Speaker 05

  So much.

• 33:12Speaker 03

  Absolutely. It just, yeah.

• 33:14Speaker 05

  Working on them like, hey, you gotta use your voice, I can't hear you. Right. Because also we realize this isn't a forever job for, you know, like that.

• 33:23Speaker 03

  You'll be there for six months.

• 33:24Speaker 05

  Yes, and that's okay, but I hope that what they've learned in our, like, in the time with us is something that they can carry on with them to future opportunities.

• 33:31Speaker 03

  They absolutely should. We did get one quick message that came in and says, if I worked there, I wouldn't get much work done. We went as a family a few days ago and personally, I'm hooked on the fruit bowls.

• 33:42Speaker 03

  So fresh and yummy.

• 33:43Speaker 05

  So we haven't even touched on that yet.

• 33:44Speaker 03

  Yes, I know, great staff and the young girls that helped us were very sweet and adorable.

• 33:48Speaker 05

  Aww.

• 33:49Speaker 03

  So.

• 33:49Speaker 04

  There's, there's one before that, too. We mentioned this earlier, so, so this is a standalone Golden Spoon? Or is it the same yogurt from the one that was in San Diego, which you mentioned? I'm not sure if it's still there, but we used to go there, go to that one when my husband was at bootcamp in Oceanside. Heck, yeah, tell them congrats. And it was very cool to see the marketplace, having people shopping again. I was nervous it was going to be demolished.

• 34:15Speaker 03

  Yeah.

• 34:15Speaker 05

  Yeah.

• 34:16Speaker 03

  For a while there, it was a little, little sketchy.

• 34:18Speaker 05

  Yeah.

• 34:18Speaker 00

  There was about a apartment complex.

• 34:21Speaker 05

  Which when Larry Coleman, who is the councilman for our ward, came to our ribbon cutting last Friday, he squashed that and said, you guys, hey, the Edwards Theater, or it used to be called Edwards, I think it's Regal now, just got a huge, like, $2 million renovation. There's no apartments going up, like, that rumor is out the door, the marketplace is here to stay. But to answer that question from, that you got, yes, it's the same yogurt. So all the yogurt for Golden Spoon, Golden Spoon has been around since 1983. And it is, all comes from a dairy in Chino Hills. So we actually got the opportunity to tour the dairy, see exactly how the product is made.

• 34:59Speaker 05

  And it's been made the same way since the eighties, other than taking out some of the color and stuff that's no longer, you know, wanted.

• 35:08Speaker 03

  Yeah.

• 35:09Speaker 05

  But same yogurt, yeah, so it's shipped to us. We get our yogurt from them and our cups from them. We are a licensee, not a franchise, so there's a little bit of a difference there in that we were able to do a lot of it with our own vision and personality. So our location looks very different than many other locations. It's also much bigger, has a lot more seating.

• 35:27Speaker 03

  Yeah.

• 35:28Speaker 05

  But the yogurt that they are known for comes from the same place.

• 35:32Speaker 04

  Nice.

• 35:33Speaker 03

  And acai bowls.

• 35:34Speaker 05

  Yes. Yes, so our kids, that's what they wanted. We're like, gosh, we're spending a lot of money on acai bowls for our

• 35:44Speaker 05

  So we were lucky enough to find the brand that they really, really loved and, and able to source that, so.

• 35:51Speaker 03

  So that's a separate thing that's not sourced through Golden Spoon.

• 35:54Speaker 05

  Yeah, it's not a Golden Spoon thing, it was just us saying,

• 35:57Speaker 03

  We wanted this product.

• 35:58Speaker 05

  Yeah, we want it, we think there's a need for it, there's not really any other acai places that are, you know,

• 36:04Speaker 03

  Even remotely close to where, yeah.

• 36:06Speaker 05

  Yeah. And we are also surrounded by all of those office buildings, you know? So we really are cornered by a big crowd that we felt like

• 36:17Speaker 03

  That's an easy, quick lunch or something like that for people that want to come in.

• 36:20Speaker 05

  And also with Cal State across the street and the B C Southwest campus, we're seeing some of the students walking over and grabbing that for lunch. So also just kind of filling the gap where maybe if you're not ready for dessert, which some people would, you know, consider frozen yogurt as dessert, but they, we have a lunch option too, or, I mean, you can have acai for dinner and really any time of day. And I've had frozen yogurt for breakfast a lot lately, so it's totally fine. Yes, and acai bowls for lunch a lot too.

• 36:48Speaker 03

  Right.

• 36:49Speaker 05

  Yeah. But they share a lot of, some of the same toppings. So that kind of made it easy for us to incorporate both is because the fresh fruit, we were already having that for our frozen yogurt. So now it's like, okay, well, we can add on a few more fresh fruits that maybe people want on acai. But a lot of the toppings crossover, and it's actually funny because I think if you go to a standalone acai place, they, you know, have mostly just the fruit as the toppings. But because we have an array of candy and various other things, now I've actually been seeing quite a concoction of like, people are making with, hey, I want acai, but I want some chocolate chips and I want a few gummy worms.

• 37:26Speaker 03

  I was gonna say that, like, Stephen would definitely get the gummy worms on his acai with the strawberries.

• 37:30Speaker 00

  I go with the peanut butter with the gummy worms.

• 37:33Speaker 03

  Peanut butter with the gummy worms.

• 37:34Speaker 05

  My daughter puts the chocolate chip cookie dough bites on her acai. Yeah. And we had a, we had a gal come in the other day and she got frozen yogurt as a topping in her acai bowl.

• 37:48Speaker 03

  Oh. I'm trying to visualize that and I'm having a hard time.

• 37:54Speaker 05

  Yeah, it was a first, but you know?

• 37:56Speaker 04

  I'm pretty sure you guys get a lot of those like

• 37:58Speaker 05

  It's all available, some people will ask us, is that a weird mix? And I'm like, I've seen weirder. Yeah.

• 38:05Speaker 03

  You do you, boo.

• 38:06Speaker 05

  Yeah.

• 38:06Speaker 03

  You know, hey, you know what? It's, it's, it's healthy, you're, you're eating that. I mean, maybe put a little unhealthy on top with the, the froyo, but

• 38:15Speaker 04

  I always, yeah, yeah, I mean, my go-to is the, the crushed, like, almonds or peanuts.

• 38:20Speaker 03

  Crushed nuts or whatever.

• 38:21Speaker 04

  Yeah, yeah, and then the cacao nibs. Oh, my God, that's good. So peanut butter and that, and like, I'm, I'm solid.

• 38:29Speaker 03

  Yeah.

• 38:29Speaker 04

  I don't like to put a lot of toppings on mine, I don't know, it's just like simple stuff and then just boom.

• 38:35Speaker 03

  Any lemon flavors, because that's, I'm a sucker for like, sweet lemon.

• 38:39Speaker 05

  We've been asked that a lot lately. It should actually be in our catalog, we asked for it to be added, so sometimes it takes a while for those things to come to fruition.

• 38:47Speaker 03

  And that's more of like, that's more of a summer and a spring kind of a thing, too. It's not something that's like

• 38:52Speaker 05

  It's my husband's favorite too, so he's definitely been like, pulling for it, so.

• 38:56Speaker 03

  Can we get the lemon in there?

• 38:57Speaker 05

  Yes. But we will right now. We have to decide which machine we're gonna put it in, so what would you swirl lemon with?

• 39:03Speaker 04

  Strawberry lemon?

• 39:04Speaker 05

  Strawberry.

• 39:05Speaker 03

  Strawberry lemon or lemon cheesecake? I'm going with cheesecake.

• 39:09Speaker 05

  Right?

• 39:09Speaker 03

  I'm saying lemon cheesecake, do a, do a threefer.

• 39:12Speaker 04

  Peanut butter cheesecake.

• 39:13Speaker 03

  There you go.

• 39:15Speaker 05

  I'm a big peanut butter fan, but I haven't tried that. We, right now, speaking of flavors, right now, we have cotton candy going on because we figured, you know,

• 39:23Speaker 03

  It's the fair.

• 39:24Speaker 05

  It's a fair, we have cotton candy flavor available, kids love it, we had it the first month we were open. Yes. And then they'd come in and they'd almost be sad, they're like, there's no cotton candy. I'm like, okay, we'll bring it back soon, so now's the time, if you're a cotton candy fan, people love it.

• 39:39Speaker 03

  We got the cotton candy, yeah. That's funny. Yeah, it's a perfect time to do that with the, with the fair and everything, that would be, you know, so you're gonna have to kind of, you're gonna have your staples of like, four or five or maybe six staples that are always gonna be there.

• 39:53Speaker 05

  Right.

• 39:53Speaker 03

  And then the other six or seven are just gonna be on this kind of rotation, kind of a seasonal thing.

• 39:58Speaker 05

  And so we listened to the requests, we have a board in the back that people write down what people have asked for. And we do try to take all of that into consideration. I mean, there's some limits because Golden Spoon only makes, you know, so many things.

• 40:09Speaker 03

  Yeah.

• 40:09Speaker 05

  But, so after cotton candy, we will have, what do you think the next one is that people will be asking for?

• 40:15Speaker 03

  Pumpkin something.

• 40:16Speaker 05

  Yes.

• 40:17Speaker 03

  Yeah.

• 40:17Speaker 05

  Pumpkin pie, pumpkin pie will be On the horizon.

• 40:21Speaker 04

  Do you get, do you get that a lot?

• 40:22Speaker 03

  Uh, no.

• 40:23Speaker 04

  Pumpkin spice.

• 40:24Speaker 03

  I'm not, I'm not a pumpkin spice, anything kind of a guy.

• 40:27Speaker 05

  I'm not really either, but people go crazy for it.

• 40:30Speaker 03

  Oh, they do, they do.

• 40:31Speaker 05

  So, we'll see, I haven't tried that flavor yet, so.

• 40:34Speaker 03

  So from a marketing standpoint, I've seen you guys on Instagram, I've seen you kind of like posting these things. Is that something that is gonna be kind of part of it as well, like the seasonal mix? It's like, hey, come in now, because, you know, for, for the, the month of November, we're gonna have, you know, you know, turkey flavored.

• 40:53Speaker 05

  That's part of the fun, for sure. It's part of the fun.

• 40:56Speaker 03

  Cranberry sauce, yeah.

• 40:57Speaker 05

  Kind of why also we make a good team, like, I built my business in skincare on social media, so I've taken over that responsibility. And Cicely is a talented photographer, so she's taking the pictures and then, you know, I'm getting to put them on Instagram and, you know, add a caption, whatever. So it's, it's been a fun duo, which is funny because then some people will be like, stop using AI. I'm like, it's literally a picture that Cicely took.

• 41:23Speaker 03

  Yeah, there's

• 41:23Speaker 05

  So I

• 41:24Speaker 03

  There might be a filter on it, but there's no AI, it's an actual photograph.

• 41:28Speaker 05

  The real froyo.

• 41:29Speaker 03

  Yeah, it's the real froyo.

• 41:30Speaker 05

  We kind of made our kids cringe the other day, I was like, we should do like a video where one person's holding the pineapple Dole Whip and another's holding the watermelon and then like, we make them kiss and then we, and then we show a picture of like, the swirl. And you, and you paired that with which song? Let's get it on or something? No, I think it was Careless Whisper by George Maya. But there was some other less appropriate songs that I had kind of thrown out.

• 42:00Speaker 04

  We, we all know what we're thinking.

• 42:03Speaker 05

  And they were like, really? I mean, we have teenagers. The kids were like, oh, gosh, you guys.

• 42:08Speaker 03

  Yeah, that's, that's gotta be a tough one with the teenagers basically saying, you know, in whatever Gen Z speak or whatever, it's just like,

• 42:16Speaker 05

  Yeah.

• 42:16Speaker 03

  Yeah, I mean, the marketing's gonna have to be

• 42:18Speaker 05

  We're cringing regardless of what we do.

• 42:19Speaker 03

  Yeah, you're total cringe, yeah.

• 42:21Speaker 04

  Whatever you guys do, please don't do the ones where you, the trend is like, you know, they take the, the yogurt back and then they like, throw it across, so I'm like, oh, no.

• 42:31Speaker 03

  Yeah, don't do that.

• 42:33Speaker 05

  But our employees are having fun with the TikToks, they send us, they'll send me some and be like, hey, can we make this one tomorrow? I'm like, yeah, go for it, if we're not busy, you know? They come across them and then they're like, hey, I saw this and it, it would be so funny, we should, we should do it. Yeah, that part's been really fun.

• 42:50Speaker 03

  Little TikTok dance with yogurt.

• 42:51Speaker 05

  Get creative and, yeah, and express themselves, you know?

• 42:54Speaker 03

  I, that's perfectly fine, that's the way it should, should be done.

• 42:58Speaker 05

  Yeah.

• 42:58Speaker 03

  Hey, thank you so much to Cicely and Jeannie for joining us from Golden Spoon. Really look forward to getting out there and visiting you guys and everybody that's listening, go on out there, it's gonna be hot this, this weekend, go get some frozen yogurt.

• 43:11Speaker 00

  What are the hours?

• 43:13Speaker 05

  Um, tonight, we are open until 11:00 PM, Fridays and Saturdays, so, and opening at 11:30. And then Monday through Thursday, or Sunday through Thursday, we're open 11:30 to 9:00.

• 43:26Speaker 03

  Okay, perfect. Well, thank you so much for joining us, I can't wait to get down there and try, you know, a lemon flavored frozen yogurt when you get it into stock.

• 43:35Speaker 04

  Test out the DoorDash.

• 43:36Speaker 05

  You'll be our first call when it's available.

• 43:38Speaker 03

  Yes, absolutely. Absolutely, and so the markets are still, you know, open, but closing in about 10 seconds. Dow is up 1%, S and P up a half a percent, and the NASDAQ up about a half a percent as well, green on the screen. You know, been a pretty good week on the market, so, you know, take that for what it's worth. Have a wonderful weekend, be smart, be safe, be money wise, and we will see you on Monday.