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Businesses in china. is there any interplay in what is going on in this war and his bottom line? >> the connection between trump's business and china are these two overseas developments. one in dubai and one in indonesia where trump has a licensed deal, he's being paid to operate a golf course, put his name on a business that is being built. and the same developments have chinese state companies helping to build them. trump and the chinese businesses aren't doing business directly, but he benefits from the infrastructure and the developments they are building. >> okay. >> so there is not -- i ...

Bottom line? >> the connection between trump's business and china are these two overseas developments. one in dubai and one in indonesia where trump has a licensed deal, he's being paid to operate a golf course, put his name on a business that is being built. and the same developments have chinese state companies helping to build them. trump and the chinese businesses aren't doing business directly, but he benefits from the infrastructure and the developments they are building. >> okay. >> so there is not -- i don't think the trade war will have a direct impact on those relationships, but this...

Increases. >> and wage increases, that's what would help us across the board. that is where people are suffering. when the president says trickle down economics are going to work, we're letting you know, we're not yet seeing it trickle down, and those companies are spending their money on stock buybacks. >> i went to a wedding and somebody said you guys are unfair to president trump. you won't talk about how great the tax cut has been. it's not actually resulting in higher wages or -- >> the person owns a lot of stock and they're looking at their 401 k and saying bring it on. they were also ha...

>> we're simultaneously having negotiations with the chinese to see if we can reach an agreement. as the president said we want to cut the trade deficit $100 billion over the next year. we are proceeding with these tariffs. steve: the fight for free and fair trade is intensifying between the united states and china. what's at stake if they can't make a deal? and what does it mean for your wallet, your 401 k, your future? brian: no one contends that we don't have 337 billion-dollar trade deficit with china. so the president is deciding to tackle it people are getting nervous. the markets went c...

Your 401 k and buying stocks at a 10% discount, that is fantastic. but make sure you don't own bonds in the 401 k. this is the time to own stocks, like you said, take the bond portion out and be aggressive in investing. you have 30 plus years to go for retirement. >> so 40 to 50, i hate to say this, this is your last chance? >> yeah, you still want growth, but instead of being in overly aggressive growth stocks, look for value stocks, dividend paying stocks, but you want to be careful as you get closer to retirement age. >> 50 and older, slow it down and be more conservative closer to retireme...