WEBVTT 1 00:00:03.799 --> 00:00:07.639 Welcome to Financial Issues, where we help you steward faithfully 2 00:00:07.799 --> 00:00:11.439 by honoring God with your investments. Now listen in as 3 00:00:11.439 --> 00:00:11.919 we give. 4 00:00:11.800 --> 00:00:15.000 You the practical tools and advice you need to become 5 00:00:15.039 --> 00:00:17.079 a biblically responsible investor. 6 00:00:23.519 --> 00:00:26.800 This is Financial Issues, where we help you defund darkness 7 00:00:26.839 --> 00:00:29.960 and fund the light by investing with biblical integrity. 8 00:00:30.000 --> 00:00:32.560 Focus. Friday, folks. Great to have you today. 9 00:00:32.560 --> 00:00:35.159 Over time, You're calls and questions, all the good stuff 10 00:00:35.439 --> 00:00:37.960 on Friday. Seth y Dinski here with you, Sam Case 11 00:00:37.960 --> 00:00:40.320 in the control room, and we've got your host, Mark 12 00:00:40.399 --> 00:00:40.960 Manila with. 13 00:00:40.960 --> 00:00:41.359 Us as well. 14 00:00:41.359 --> 00:00:41.520 Mark. 15 00:00:41.560 --> 00:00:43.520 Good morning to you, brother, Good morning. 16 00:00:43.600 --> 00:00:47.200 Good to be here on this overtime Friday. So I 17 00:00:47.280 --> 00:00:48.679 so love these Fridays. 18 00:00:49.119 --> 00:00:50.240 Yeah, they're pretty I really do. 19 00:00:50.799 --> 00:00:53.200 Yeah, it's a fun time. Yeah, I got to answer 20 00:00:53.240 --> 00:00:54.200 all these questions. 21 00:00:54.640 --> 00:00:57.159 Agreed, agreed, Yeah, I love it. And maybe it's something 22 00:00:57.200 --> 00:00:58.600 we should do, you know, more often. 23 00:00:58.920 --> 00:01:02.719 Who knows wouldn't be special? 24 00:01:02.799 --> 00:01:04.719 That's true, that's true. Yeah, maybe we shou just keep 25 00:01:04.719 --> 00:01:06.519 it to Friday. We'll see what the chat says about 26 00:01:06.519 --> 00:01:09.120 all that. The phone number is six ten three six 27 00:01:09.280 --> 00:01:12.000 three eleven ten. That's the number to call in get 28 00:01:12.000 --> 00:01:14.319 your calls queued up right now, folks, we want to 29 00:01:14.359 --> 00:01:17.760 devote this show to you, answering your questions. Anything you 30 00:01:17.840 --> 00:01:19.760 got financial, we'd love to help you join the live 31 00:01:19.840 --> 00:01:25.159 broadcast again the number six ten three six three eleven ten. So, guys, 32 00:01:25.159 --> 00:01:27.519 the topic of the day here, a little stock breakdown. 33 00:01:27.920 --> 00:01:33.359 We're calling it Sam Love hurts app Lovin heartbreaker or 34 00:01:33.439 --> 00:01:35.760 bargain maker breaker. 35 00:01:36.000 --> 00:01:39.280 Oh I'm sorry, a little little friend. Yeah, that's right. 36 00:01:39.359 --> 00:01:40.599 So Mark, we got a good question here. 37 00:01:40.640 --> 00:01:46.079 There goes our budgets Sam for our music anymore. 38 00:01:46.120 --> 00:01:47.319 We just need Sam singing. 39 00:01:47.359 --> 00:01:47.920 That's all we need. 40 00:01:48.840 --> 00:01:50.760 No, No, I'm such a bad singer when it count 41 00:01:50.799 --> 00:01:54.719 as parody, so we can get away. 42 00:01:55.200 --> 00:01:57.120 So Mark, there's a question we got from Scott, one 43 00:01:57.159 --> 00:01:57.760 of our partners. 44 00:01:57.760 --> 00:01:59.680 He's sixty two years old, and he's saying this in 45 00:01:59.760 --> 00:02:02.439 light a couple downgrades for Apple Love and since its 46 00:02:02.480 --> 00:02:06.439 earnings release, are you still confident in their growth prospects? 47 00:02:06.959 --> 00:02:09.479 Just curious your thoughts. So Mark break this down for us, 48 00:02:09.479 --> 00:02:10.439 what do we make of app Lovin? 49 00:02:11.120 --> 00:02:14.240 Well, that's that's an interesting question. Thanks for asking it. 50 00:02:14.439 --> 00:02:19.280 First thing right off the spot here, But you know 51 00:02:19.319 --> 00:02:22.879 this is one of those weird socks that I have 52 00:02:23.000 --> 00:02:25.599 to say is worth taking a look at. 53 00:02:25.840 --> 00:02:27.479 It really is because. 54 00:02:27.520 --> 00:02:32.919 App Loving, I mean, second quarter revenue was one point 55 00:02:33.080 --> 00:02:37.039 nine billion over one point nine billion, up fifty three 56 00:02:37.199 --> 00:02:40.439 percent year over year. Think about that. Revenues are up 57 00:02:40.520 --> 00:02:44.159 fifty three percent year over year. We see the company 58 00:02:44.199 --> 00:02:48.479 generated eight hundred and sixty three million of free cash flow. 59 00:02:48.919 --> 00:02:53.319 Those aren't numbers from a company's businesses suddenly just falling apart. 60 00:02:53.719 --> 00:02:58.199 This is a strong company, a company that's growing. We 61 00:02:58.240 --> 00:03:02.479 see earnings growing, we see revenues growing, not just slightly, 62 00:03:02.599 --> 00:03:07.919 but way beyond its competition and way beyond the markets 63 00:03:07.960 --> 00:03:14.919 in general, and yet it stock keeps falling. So I think, really, 64 00:03:15.280 --> 00:03:19.960 this is one of those learning times when we say, okay, well, 65 00:03:20.000 --> 00:03:22.599 the evaluations for the first half of the year were 66 00:03:22.719 --> 00:03:26.159 so high and so tight there was no room for disappointment. 67 00:03:26.680 --> 00:03:29.639 Wall Street had had their desires on what they wanted 68 00:03:29.680 --> 00:03:32.439 to see app Loving do, and even though app Loving 69 00:03:32.560 --> 00:03:36.199 came in within the parameters of that, it was at 70 00:03:36.240 --> 00:03:41.360 the lower end. So institutional investors started pulling back because 71 00:03:41.360 --> 00:03:43.560 of that, and it pulled back really hard. What do 72 00:03:43.599 --> 00:03:46.360 we down thirty fifty percent on this this year? 73 00:03:48.039 --> 00:03:49.439 Day is around fifty four. 74 00:03:50.039 --> 00:03:54.439 Yeah, it's just really ugly on that. Yet this company's 75 00:03:54.879 --> 00:03:57.919 growth spurts and what's going on with it and the 76 00:03:57.960 --> 00:04:01.039 projections for years to come is incredible. 77 00:04:01.439 --> 00:04:05.280 So is it a heartbreaker or is it a deal maker? 78 00:04:05.319 --> 00:04:08.400 Well? Quite frankly, this price, I don't know why anybody 79 00:04:08.400 --> 00:04:13.199 wouldn't get in at this point, considering that their revenues 80 00:04:13.280 --> 00:04:17.120 are supposed to be up what fifty percent seventy percent 81 00:04:17.199 --> 00:04:20.759 for next year and it just keeps growing. Q three 82 00:04:20.839 --> 00:04:27.240 guidance is supposed to be two billion dollars over two 83 00:04:27.240 --> 00:04:32.800 billion dollars. That's incredible. But you know, you can't, you 84 00:04:32.800 --> 00:04:36.800 can't can't. You can't argue with price, I guess is 85 00:04:36.839 --> 00:04:40.040 what's coming down. So a lot of traders will say 86 00:04:40.079 --> 00:04:42.160 get out of it and don't get near it until 87 00:04:42.480 --> 00:04:45.240 it turns around. Now, I will say, there are a 88 00:04:45.279 --> 00:04:48.759 few other things, like I'm unhappy with their debt, okay, 89 00:04:48.800 --> 00:04:51.560 but their debt is well covered and that debt can 90 00:04:51.600 --> 00:04:53.240 come down real quickly when you. 91 00:04:53.199 --> 00:04:55.399 See the free cash flow that they're generating. 92 00:04:55.759 --> 00:04:59.439 So I don't have the biggest problem with that debt 93 00:04:59.480 --> 00:05:01.639 as I would with another company who has that debt 94 00:05:01.639 --> 00:05:04.439 and doesn't have the revenues and the earnings that they're 95 00:05:04.680 --> 00:05:07.879 and the earnings and the revenue growth and earnings growth 96 00:05:07.920 --> 00:05:11.040 that is being projected. So when I look at this, 97 00:05:11.920 --> 00:05:13.920 uh seth, I'm seeing a blue light. 98 00:05:13.879 --> 00:05:15.720 Special, That's what I'm seeing. 99 00:05:15.800 --> 00:05:19.600 Yeah, if you already own it, I don't know why 100 00:05:19.600 --> 00:05:21.879 you would jump ship at this point. I mean, it 101 00:05:21.920 --> 00:05:26.519 hasn't bounced really yet, but it could anytime and start 102 00:05:26.519 --> 00:05:27.160 growing again. 103 00:05:27.480 --> 00:05:30.240 What about dollar cost averaging because it has taken a beating? 104 00:05:30.839 --> 00:05:31.319 What do you mean? 105 00:05:31.639 --> 00:05:34.040 What do you mean just if you're you're down like 106 00:05:34.079 --> 00:05:37.079 a good forty fifty? It would it be now the time? 107 00:05:37.600 --> 00:05:40.439 I wouldn't have any problems. I would have no problems 108 00:05:40.480 --> 00:05:40.839 with that. 109 00:05:41.160 --> 00:05:44.199 It's you know, bring it back up to your your 110 00:05:44.360 --> 00:05:47.360 entry level three percent, five percent, whatever you go in 111 00:05:47.399 --> 00:05:50.240 at on an individual stock, I don't have any problems 112 00:05:50.279 --> 00:05:53.000 with that. My opinion on it is it has a 113 00:05:53.040 --> 00:05:55.600 lot of potential. Now, I did dig a little deeper 114 00:05:55.639 --> 00:05:58.399 and found that the SEC was looking into them last 115 00:05:58.439 --> 00:06:01.040 year or the beginning of this year for some sort 116 00:06:01.079 --> 00:06:05.439 of possible violation. But there's been no charges, there's been 117 00:06:05.480 --> 00:06:07.680 no follow up. And I will tell you from the 118 00:06:07.759 --> 00:06:12.600 years of being in business I've seen SEC investigations and 119 00:06:12.959 --> 00:06:16.360 they just don't ever close those. They open them, but 120 00:06:16.439 --> 00:06:18.519 if they don't find anything, they don't write your letter 121 00:06:18.560 --> 00:06:21.839 and say, Okay, we didn't find anything, You're good. What 122 00:06:21.920 --> 00:06:23.839 they do is they just leave it open forever. 123 00:06:24.000 --> 00:06:26.959 It's like a central investigation. They just keep on going. 124 00:06:27.120 --> 00:06:27.360 Yeah. 125 00:06:27.759 --> 00:06:30.800 Well, even if they're not investigating you anymore, they just 126 00:06:30.839 --> 00:06:31.439 don't take the. 127 00:06:31.399 --> 00:06:33.639 Time to close it or to say we were wrong. 128 00:06:34.120 --> 00:06:34.319 You know. 129 00:06:34.480 --> 00:06:37.160 So I don't know where that's going to go, or 130 00:06:37.319 --> 00:06:39.920 if they'll end up getting fined for something, which I 131 00:06:39.920 --> 00:06:43.000 don't understand at this point since there's been no charges 132 00:06:43.160 --> 00:06:43.519 or no. 133 00:06:45.240 --> 00:06:47.600 Nothing like that. So I don't know. 134 00:06:48.519 --> 00:06:48.839 Now. 135 00:06:49.680 --> 00:06:52.040 I remember earlier this year, this stock was really taking 136 00:06:52.040 --> 00:06:53.600 a hit because it was kind of caught up in 137 00:06:53.639 --> 00:06:58.360 the narrative that you know, software's over, AI is going 138 00:06:58.439 --> 00:06:58.959 to take. 139 00:06:58.839 --> 00:07:02.079 Well, that was a big part the pulldown, right, and 140 00:07:02.120 --> 00:07:09.000 everybody forgot AI is software, right, So who's going to 141 00:07:09.040 --> 00:07:14.800 adopt adapt that the fastest software U creators or other people. 142 00:07:14.879 --> 00:07:20.199 Obviously the software creators have adapted the AI faster than 143 00:07:20.240 --> 00:07:21.000 anybody else. 144 00:07:21.199 --> 00:07:21.680 Now, that was. 145 00:07:21.680 --> 00:07:25.639 Another thing that they got slapped for by some analysts 146 00:07:25.720 --> 00:07:28.720 was that their implementation. 147 00:07:28.079 --> 00:07:31.319 Of AI and their algorithms. 148 00:07:30.519 --> 00:07:34.759 To to fine tune where to put the ads within 149 00:07:34.879 --> 00:07:37.920 the within the different apps, and that kind of stuff 150 00:07:38.480 --> 00:07:41.120 took longer than Wall Street wanted them to. 151 00:07:42.720 --> 00:07:45.680 You just got to say, you know, Wall Street back up. 152 00:07:46.120 --> 00:07:49.879 You know, so, Scott, look at I haven't lost confidence 153 00:07:49.920 --> 00:07:51.040 at all in app. 154 00:07:52.519 --> 00:07:53.519 I'm heartbroke. 155 00:07:53.920 --> 00:07:59.560 You know that my love app company has hurt me 156 00:07:59.680 --> 00:08:04.920 so with a negative fifty percent. But in any good relationship, 157 00:08:05.040 --> 00:08:08.120 there's healing, and this healing could make it a much 158 00:08:08.120 --> 00:08:10.360 stronger company as it starts coming back. 159 00:08:10.800 --> 00:08:11.000 Mark. 160 00:08:11.439 --> 00:08:12.720 There you go. 161 00:08:12.839 --> 00:08:15.879 So I'm not putting it on the cell list. I'm 162 00:08:15.879 --> 00:08:18.519 not even putting it on the whole list at this point. Now, 163 00:08:18.600 --> 00:08:24.040 if the SEC came out with some accusations and said 164 00:08:24.040 --> 00:08:27.319 they're going to pursue these in court, or they're gonna, uh, 165 00:08:27.759 --> 00:08:30.399 you know, there's gonna be fines and that kind of stuff, 166 00:08:30.439 --> 00:08:32.360 I might say, Okay, let's put this on hold for 167 00:08:32.399 --> 00:08:32.720 a while. 168 00:08:32.759 --> 00:08:36.919 But I haven't seen that happen. I don't see it happen. 169 00:08:37.000 --> 00:08:40.080 I can't find enough information to make me worry about 170 00:08:40.080 --> 00:08:44.399 it at this point. I don't think that I I 171 00:08:44.440 --> 00:08:46.440 don't think it's going to be a big deal. That's 172 00:08:46.519 --> 00:08:49.200 just my feelings on it. So all they did was 173 00:08:49.240 --> 00:08:51.639 help push it down. So it's at a buy. It's 174 00:08:51.639 --> 00:08:55.519 a blue light special. That's my feeling. Three years from now, 175 00:08:55.559 --> 00:08:56.440 we'll find out. 176 00:08:56.799 --> 00:08:58.879 For sure, Mark, would you say app love and might 177 00:08:58.919 --> 00:09:00.879 be one of those investments that we put on the 178 00:09:00.919 --> 00:09:03.440 line between growth and aggressive, like it's it's one of 179 00:09:03.480 --> 00:09:07.399 those ones that could move real really really, it could move, 180 00:09:07.600 --> 00:09:09.240 you know, it can move up and down basically. 181 00:09:10.120 --> 00:09:14.360 Well, the volatility in it has been pretty straight line 182 00:09:14.480 --> 00:09:16.159 down for a while. 183 00:09:15.919 --> 00:09:17.679 So it is labeled as aggressive. 184 00:09:18.000 --> 00:09:22.320 By Yeah, we do have it labeled as aggressive primarily 185 00:09:22.399 --> 00:09:22.759 for that. 186 00:09:23.440 --> 00:09:26.639 But the other thing is because of the financial steel. 187 00:09:27.240 --> 00:09:31.759 A company with pure financial steel would have debt way 188 00:09:31.840 --> 00:09:32.720 below where. 189 00:09:32.480 --> 00:09:33.559 This debt level is. 190 00:09:33.799 --> 00:09:36.559 This debt level of debt to equity is like one 191 00:09:36.639 --> 00:09:40.440 hundred and ten percent, Okay, so that's too high. 192 00:09:40.519 --> 00:09:41.879 As that comes down, which. 193 00:09:41.679 --> 00:09:43.639 I'm hoping to see over the next year or two, 194 00:09:44.039 --> 00:09:46.679 as that comes down, then it then we probably would 195 00:09:46.720 --> 00:09:49.679 pull it off the aggressive list and just put it 196 00:09:49.720 --> 00:09:52.960 as a solid company. But because that debt level and 197 00:09:53.000 --> 00:09:57.799 because of the volatility that we see, the downward volatility, 198 00:09:57.879 --> 00:10:00.200 we wanted to put on aggressive to let you know, well, 199 00:10:01.240 --> 00:10:04.840 this thing tomorrow could go straight up. People might realize, hey, 200 00:10:05.120 --> 00:10:07.679 this thing's taking a beating and I was listening to 201 00:10:07.759 --> 00:10:10.399 Financial Issues and they're saying they're staying behind it. 202 00:10:10.639 --> 00:10:13.600 Let's get in, you know so, and it could go 203 00:10:13.720 --> 00:10:14.879 straight up because of that. 204 00:10:15.080 --> 00:10:17.679 Oh not because of us, but or maybe I don't know, 205 00:10:18.159 --> 00:10:20.960 it happens for sure, Folks. 206 00:10:20.759 --> 00:10:22.919 Give us a ring six ten three six three eleven ten. 207 00:10:22.960 --> 00:10:25.159 Focus Friday. We want to hear from you six ten 208 00:10:25.200 --> 00:10:26.159 three six three eleven ten. 209 00:10:26.639 --> 00:10:29.480 Absolutely, and after this break we'll be right back to 210 00:10:29.519 --> 00:11:10.080 start answering questions because that's what we do on Focus Friday. 211 00:11:06.480 --> 00:11:08.000 Six ten, three sixty three eleven ten. 212 00:11:08.080 --> 00:11:11.399 Folks, today's show is brought to you by you all. 213 00:11:11.639 --> 00:11:14.879 Thank you all so much, partners, listeners, monthly soldiers. Can't 214 00:11:14.879 --> 00:11:17.799 do what we do without you all making this ministry happen, 215 00:11:17.960 --> 00:11:19.200 so thank you so much. And if you want to 216 00:11:19.200 --> 00:11:21.039 be a part of it more than just listening to 217 00:11:21.080 --> 00:11:22.960 the show, but if you want to get involved and 218 00:11:22.960 --> 00:11:25.240 become a partner, you can do that at Financial issues 219 00:11:25.279 --> 00:11:28.200 dot org. You get access to everything we offer, including 220 00:11:28.240 --> 00:11:28.840 conference calls. 221 00:11:28.840 --> 00:11:30.679 We had one yesterday. Mark who's very interesting. 222 00:11:31.000 --> 00:11:32.759 All that and more for one hundred and thirty two 223 00:11:32.799 --> 00:11:35.039 dollars a year, you really can't beat it. I did 224 00:11:35.039 --> 00:11:36.639 want to say this as well, Mark, we have a 225 00:11:36.639 --> 00:11:39.960 great new resource on our website. We've partnered with free 226 00:11:40.000 --> 00:11:42.840 Will to be able to give our listeners the chance 227 00:11:42.879 --> 00:11:46.000 to freely make a will, a power of attorney, a trust, 228 00:11:46.120 --> 00:11:49.960 those important last planning documents. For you, George from the 229 00:11:50.039 --> 00:11:52.559 chat Mark say and free Will is a great new feature. 230 00:11:52.639 --> 00:11:53.519 Thank you all for it. 231 00:11:53.919 --> 00:11:55.639 If I can figure out a few more things and 232 00:11:55.759 --> 00:11:58.799 depart from procrastination station, it'll be. 233 00:11:58.759 --> 00:12:01.600 A great service. I hear that, George. 234 00:12:01.639 --> 00:12:04.600 George, look at it like a game instead of looking 235 00:12:04.639 --> 00:12:07.559 at it like something you have to do and therefore 236 00:12:07.559 --> 00:12:10.159 you're going to procrastinate. Look at it like, hey, I'm 237 00:12:10.200 --> 00:12:12.960 just gonna go in with into this and play with 238 00:12:13.000 --> 00:12:16.159 it to see what I can come up with, and 239 00:12:16.200 --> 00:12:19.000 then you know, get you started thinking about things like 240 00:12:19.039 --> 00:12:22.279 I remember, this is gonna sound really strange, but when 241 00:12:22.320 --> 00:12:24.320 my wife and I were going to Italy, I wanted 242 00:12:24.320 --> 00:12:27.120 to get the wills and everything in place just in case, 243 00:12:27.200 --> 00:12:28.600 you know, something happened in the trip. 244 00:12:28.759 --> 00:12:34.039 You never know when you escape. That's my family. 245 00:12:34.440 --> 00:12:38.720 Okay, well then you would know, you would know personally no. 246 00:12:39.480 --> 00:12:41.440 But so we were getting things in order. But I 247 00:12:41.480 --> 00:12:42.600 really didn't want to do it. 248 00:12:42.840 --> 00:12:43.039 You know. 249 00:12:43.159 --> 00:12:45.720 I I've done a state planning I've been on a 250 00:12:45.759 --> 00:12:49.799 state planning teams for thirty years and I really get 251 00:12:49.840 --> 00:12:52.039 tired of that. But I sat down, I started doing 252 00:12:52.080 --> 00:12:55.440 the will, started putting things together, and then you know, 253 00:12:55.480 --> 00:12:57.240 I got to the point of, you know, you make 254 00:12:57.240 --> 00:12:59.080 a list. One thing that is really cool you can 255 00:12:59.159 --> 00:13:01.759 leave in your will. You make a list of things 256 00:13:01.960 --> 00:13:05.000 of items, assets that you have and who you want 257 00:13:05.039 --> 00:13:08.519 to leave them to. Things that don't have titles or 258 00:13:09.039 --> 00:13:13.600 beneficiary statements or stuff like that. Like I have several guitars, 259 00:13:14.120 --> 00:13:17.120 and I started thinking, who do I want this guitar 260 00:13:17.279 --> 00:13:19.799 to go to. And every guitar, now you're going to think, 261 00:13:19.840 --> 00:13:23.559 I'm really weird, has a personality. And I started matching 262 00:13:23.639 --> 00:13:26.799 up the guitar personalities with my kids and who I 263 00:13:26.840 --> 00:13:29.000 wanted these guitars to go through. And it was a 264 00:13:29.000 --> 00:13:32.279 lot of fun, you know, and I just I just 265 00:13:32.360 --> 00:13:34.600 approached it a little different than something I have to 266 00:13:34.639 --> 00:13:36.960 do to make sure I take care of everybody to 267 00:13:37.360 --> 00:13:40.600 this can be fun. A will and a trust or 268 00:13:40.639 --> 00:13:44.159 a will, and durable powers attorney, healthcare powers of attorney. 269 00:13:44.480 --> 00:13:48.000 They can be a very exciting thing. Remember, this is 270 00:13:48.039 --> 00:13:51.320 the final act of a Stewart that you do before 271 00:13:51.360 --> 00:13:56.120 you before you go home to your father, and you 272 00:13:56.120 --> 00:13:58.559 can just take the time and enjoy it. It shouldn't 273 00:13:58.600 --> 00:14:01.080 be a hard thing. It shouldn't be ye sad thing. 274 00:14:01.159 --> 00:14:01.879 This is cool. 275 00:14:02.080 --> 00:14:04.919 This is part of the journey before I go. Anything 276 00:14:04.919 --> 00:14:07.000 that I'm left undone, I can take care of in 277 00:14:07.039 --> 00:14:11.080 this piece of paper here, So I really encourage you 278 00:14:11.440 --> 00:14:12.159 get into it. 279 00:14:12.320 --> 00:14:14.600 Make it a fun thing. Yeah amen. 280 00:14:15.320 --> 00:14:16.799 And no matter your age either. 281 00:14:16.840 --> 00:14:19.120 Here folks, please do not make the mistake of thinking, 282 00:14:19.120 --> 00:14:20.960 if you're in your thirties or forties now, I'll. 283 00:14:20.759 --> 00:14:21.399 Do that later. 284 00:14:21.519 --> 00:14:23.559 No, no, do it right now. The Lord has numbered 285 00:14:23.600 --> 00:14:25.320 your days. We don't know what that number is. He 286 00:14:25.360 --> 00:14:27.399 does not to be morbid about it. But we always 287 00:14:27.399 --> 00:14:29.600 need to be ready mark every day. And that's not 288 00:14:29.679 --> 00:14:32.399 just true financially, but spiritually as well. We've got to 289 00:14:32.440 --> 00:14:33.960 be ready for the day that the Lord calls us 290 00:14:33.960 --> 00:14:35.480 home or returns, because it could. 291 00:14:35.279 --> 00:14:37.440 Be today, absolutely could be todays. Yeah. 292 00:14:37.519 --> 00:14:43.080 Yeah, markets yesterday, guys were moderately pleased with another kind 293 00:14:43.120 --> 00:14:44.279 of light inflation reading. 294 00:14:44.320 --> 00:14:46.480 Two consecutive days. 295 00:14:46.279 --> 00:14:48.799 Of light inflation readings, I mean, two consecutive days with 296 00:14:48.840 --> 00:14:51.240 the markets being pretty happy. The Dow was just above 297 00:14:51.240 --> 00:14:53.480 the flat line. SMP and the Nasdaq both had nice days. 298 00:14:53.480 --> 00:14:55.759 The Russell two thousand up about a quarter percent, so 299 00:14:55.879 --> 00:14:59.120 good things over all there, Mark, this morning, I am 300 00:14:59.200 --> 00:15:03.799 seeing pretty pretty similarly here, pretty good overall dows down slightly, 301 00:15:04.039 --> 00:15:05.840 oils up a little bit, which isn't great, but the 302 00:15:05.919 --> 00:15:07.600 S and P and the NASDAK doing just fine. 303 00:15:08.200 --> 00:15:08.399 Yeah. 304 00:15:08.440 --> 00:15:11.600 It's pretty flat, really, yeah, across the board, except for 305 00:15:11.679 --> 00:15:13.919 crude being well, crude's pretty flat too. 306 00:15:14.120 --> 00:15:15.080 Yeah, it's up a little bit. 307 00:15:15.360 --> 00:15:19.279 Yeah, I'd love to see that down around sixty. Yeah, 308 00:15:19.279 --> 00:15:22.159 that's a long ways to go. Absolutely, it's just war 309 00:15:22.240 --> 00:15:23.039 over with Mark. 310 00:15:23.080 --> 00:15:24.919 I was going to ask you, can it happen without 311 00:15:24.960 --> 00:15:27.000 the war ending or do you think the ward? 312 00:15:27.320 --> 00:15:29.840 No, the war has stand, and even if the war 313 00:15:29.960 --> 00:15:34.120 ends will still have we'll still have Jahatis and crazy 314 00:15:34.159 --> 00:15:38.879 people all over the world trying to blow up energy infrastructure. 315 00:15:39.039 --> 00:15:42.480 So if I ran finally said we're done, come on, 316 00:15:42.639 --> 00:15:46.399 let's just be friends now, we still have problems from 317 00:15:46.720 --> 00:15:49.720 many other nations that that saw what I ran did 318 00:15:49.799 --> 00:15:53.559 and think they have power as well. Sure, so it's 319 00:15:53.600 --> 00:15:57.320 it's a long road, unfortunately, but I think our independence 320 00:15:57.720 --> 00:16:01.240 that we're developing and getting close to having here will 321 00:16:01.320 --> 00:16:03.320 change that drastically. 322 00:16:03.639 --> 00:16:07.639 Absolutely, six' ten three six three eleven, Ten, mark why 323 00:16:07.639 --> 00:16:08.919 don't we go to the phones? 324 00:16:08.960 --> 00:16:11.639 Here kelly is calling from the state Of. Illinois let's 325 00:16:11.679 --> 00:16:12.039 go talk To. 326 00:16:12.120 --> 00:16:15.639 Kelly, Hey, kelly welcome to financial. Issues this Is Focus. 327 00:16:15.720 --> 00:16:20.840 Friday what's on your mind? Today are you with? Us? 328 00:16:20.919 --> 00:16:29.320 Kelly? Yes, sorry, YES i purchased stand disc AND mu 329 00:16:29.480 --> 00:16:33.440 and made quite a bit of money and then the 330 00:16:33.519 --> 00:16:37.240 little crash happened AND i lost all of, it and 331 00:16:37.279 --> 00:16:40.080 Now i've got a little bit back AND i don't 332 00:16:40.120 --> 00:16:40.519 know what to. 333 00:16:40.600 --> 00:16:45.440 Do, well let's, see let's take a look here. 334 00:16:45.759 --> 00:16:47.759 In you is that neally? 335 00:16:48.960 --> 00:16:53.159 So micron unfortunately is not biblically. Responsible so if your 336 00:16:53.159 --> 00:16:56.440 heart is pricked to invest with biblical, INTEGRITY i would 337 00:16:56.440 --> 00:16:59.480 consider selling out OF mu, immediately regardless of the gainer. 338 00:16:59.559 --> 00:17:01.399 Loss what do you, Think mark Of? 339 00:17:01.519 --> 00:17:05.480 Micron, yeah, yeah, yeah it's thirty it's off the. Table 340 00:17:05.519 --> 00:17:09.039 we won't even evaluate that at this, point BECAUSE i, 341 00:17:09.039 --> 00:17:11.799 mean we won't do an analysis on, it because why 342 00:17:12.240 --> 00:17:17.480 it Defends. God what they're doing is compromising you or 343 00:17:17.519 --> 00:17:21.680 any other owner's ability to your relationship With god by 344 00:17:21.960 --> 00:17:25.240 participating in their sins the things that they're doing. 345 00:17:25.480 --> 00:17:26.960 Now Sand disk is a different. 346 00:17:27.000 --> 00:17:29.640 Story if we move over a Sand disc right, now 347 00:17:30.359 --> 00:17:31.759 we still have Sand disc gonna. 348 00:17:31.759 --> 00:17:33.400 Buy it's, aggressive but it's a. 349 00:17:33.319 --> 00:17:37.319 Bye When, kelly when you buy a company that has 350 00:17:37.680 --> 00:17:43.680 highly volatile pricing in the, stock you just have to 351 00:17:43.720 --> 00:17:45.599 sit back and let it. Run as long as it's 352 00:17:45.640 --> 00:17:49.200 financial issues. Steal as long as the balance sheet and 353 00:17:49.240 --> 00:17:52.559 the income statements are, strong which they are with say 354 00:17:52.880 --> 00:17:57.279 they're beyond, Strong they're incredibly. Strong you want to hold 355 00:17:57.319 --> 00:17:59.960 onto that for the long. Term it will take. Dips 356 00:18:00.079 --> 00:18:03.759 people will take profits off the table at. Times sometimes 357 00:18:03.799 --> 00:18:06.799 somebody will write something silly and it will cause people 358 00:18:06.839 --> 00:18:09.920 to knee jerk, reaction which you'll pull it. Back but 359 00:18:10.039 --> 00:18:13.799 this company has such potential and such strength That i'm 360 00:18:13.960 --> 00:18:17.519 very comfortable holding it. Myself my opinion is that we 361 00:18:17.640 --> 00:18:21.319 continue to hold. It if you already own it in 362 00:18:21.519 --> 00:18:23.799 you get rid Of, micron get rid of. It you 363 00:18:23.839 --> 00:18:27.079 don't want to be associated with, Them you don't want 364 00:18:27.079 --> 00:18:29.720 to be it's not just being. Associated but when you 365 00:18:29.799 --> 00:18:31.880 own a, stock And i'm sure you know, this but 366 00:18:31.960 --> 00:18:34.640 this is just for general. Listeners when you own a 367 00:18:34.680 --> 00:18:38.559 stock that Offends god because of what it does with 368 00:18:39.319 --> 00:18:42.559 either its, products, services or what it does with its, 369 00:18:42.720 --> 00:18:46.799 profits you are participating in that ownership of a. Stock 370 00:18:46.880 --> 00:18:49.279 buying a stock means you're an. Owner as an, owner 371 00:18:49.319 --> 00:18:52.599 you're a. Participant you may be only one one millionth 372 00:18:52.640 --> 00:18:55.400 of a, participant but you're a participant just the. Same 373 00:18:55.799 --> 00:18:58.400 so we don't want to do. That the first step 374 00:18:58.440 --> 00:19:02.279 to building a portfolio are picking your, stocks is to screen. 375 00:19:02.319 --> 00:19:06.279 It if it's, dirty valuator says it's offensive To, god 376 00:19:06.359 --> 00:19:08.440 we take it off the, Table we throw it, off 377 00:19:08.680 --> 00:19:11.079 and what's left is what we work. With and by the, 378 00:19:11.119 --> 00:19:13.920 way that's the majority of stocks on The New York Stock. 379 00:19:13.960 --> 00:19:15.720 Exhank so we don't have to. 380 00:19:15.720 --> 00:19:22.759 Cater to these Anti, god anti family companies that want 381 00:19:22.799 --> 00:19:27.119 to want our children to be perverted by sexual, immorality, 382 00:19:27.519 --> 00:19:30.319 prostitution addictive products and stuff like. 383 00:19:30.359 --> 00:19:35.759 That all righty oh good. O, well thank, You, Kelly 384 00:19:35.880 --> 00:19:36.160 thank You. 385 00:19:36.240 --> 00:19:39.079 Kelly and, Yeah, kelly one thing to just encourage you 386 00:19:39.079 --> 00:19:41.480 with as. Well just Like mark, said stocks like Sand, 387 00:19:41.519 --> 00:19:43.599 disk they're going to go up and down and up and. 388 00:19:43.640 --> 00:19:45.680 Down they're gonna be those road coaster, ones, Right. 389 00:19:45.720 --> 00:19:47.759 Mark but if you look at the history of Sand, 390 00:19:47.799 --> 00:19:52.039 disk it's good and has such. Potential when you have 391 00:19:52.119 --> 00:19:55.359 three year backlog on your, products that's a good. 392 00:19:55.440 --> 00:19:58.920 Thing that's a wonderful. Thing oh and another, thing selling Off, 393 00:19:58.960 --> 00:20:00.319 micron big. 394 00:20:00.359 --> 00:20:04.319 Deal we're going in the third quarter, here we're almost 395 00:20:04.440 --> 00:20:08.279 we're almost two tax lost harvesting. Times so that'll help 396 00:20:08.319 --> 00:20:09.799 all set some of the sands. 397 00:20:09.839 --> 00:20:12.799 Gains, yes, yeah for. 398 00:20:12.839 --> 00:20:15.039 Sure all, Right Thank, god bless, You. 399 00:20:15.200 --> 00:20:16.599 Thank, You, Ken thank, You, god bless. 400 00:20:16.599 --> 00:20:17.960 You that's, Great. 401 00:20:17.960 --> 00:20:21.720