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<v Speaker 1>Welcome to Financial Issues, where we help you steward faithfully

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<v Speaker 1>by honoring God with your investments. Now listen in as

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<v Speaker 1>we give you the practical tools and advice you need

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<v Speaker 1>to become a biblically responsible investor.

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<v Speaker 2>This is Financial Issues, where we help you defund the

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<v Speaker 2>darkness and fund the light by investing with biblical integrity.

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<v Speaker 2>Today's show, well, hey, it's focused Friday. Everyone. You know

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<v Speaker 2>what that means. We answer your question. So get your

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<v Speaker 2>dialing number or dialing finger. Does anybody remember what a

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<v Speaker 2>dialing finger is? Yeah, well anyway, get your dialing finger

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<v Speaker 2>going six', ten three sixty, three eleven. Ten i'm your,

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<v Speaker 2>Host Mark manella not joining me today Or seth And

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<v Speaker 2>sam they're out. Today but joining me Is elijah from

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<v Speaker 2>the control. Room Welcome, elijah good, Morning good morning. Everybody

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<v Speaker 2>it's good to be good to see. It you, know

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<v Speaker 2>this is a big day for a lot of our

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<v Speaker 2>watchers and listeners because they're always asking About. Elijah and

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<v Speaker 2>now here you are on the soundboard in the control,

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<v Speaker 2>room joining the. Show so that's. Great good morning everybody

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<v Speaker 2>in the chat and On, facebook on our. Website absolutely

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<v Speaker 2>glad you're with. Us, hey looks like millennials are doing

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<v Speaker 2>some good things with their. Money we're going to talk

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<v Speaker 2>about this and who would have guessed, right because the

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<v Speaker 2>way the news pushs it is the millennials can't do anything. Right,

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<v Speaker 2>well they're doing something. Right we're going to talk about

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<v Speaker 2>that today and a whole lot more again six' ten

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<v Speaker 2>three six three. Eleven ten before we dig into our,

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<v Speaker 2>main Story what i'd like to do is Talk About

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<v Speaker 2>scott descent and his comments on. Debt yesterday, you Know

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<v Speaker 2>The Treasury secretary scott was to ask about forty trillion

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<v Speaker 2>milestone for the national. Debt. Yesterday stop take. A breath

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<v Speaker 2>think about that. Forty trillion can you even imagine? FORTY

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<v Speaker 2>trillion i can't imagine. ONE trillion i have a hard

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<v Speaker 2>time thinking about. One billion at, ONE time i did

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<v Speaker 2>a Video Called Rescue one tea that talked about how

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<v Speaker 2>little money was actually put in and invested on purpose

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<v Speaker 2>for biblical. Responsible INVESTING and i did an illustration of

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<v Speaker 2>taking one dollar bills and running them back, to back

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<v Speaker 2>not in not side, to side but back, to Back

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<v Speaker 2>From new YORK to la back. To back and that

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<v Speaker 2>was only. Fifty billion if, we went if we went

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<v Speaker 2>looking at what was invested around in the in the.

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<v Speaker 2>Stock market, it came it went around the world like

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<v Speaker 2>twenty times back. To back that was. Fifty trillion so

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<v Speaker 2>forty trillion is so huge we barely can. Understand it

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<v Speaker 2>but he had a he had something to say, About,

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<v Speaker 2>That elijah maybe we could hear what he had. To, say,

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<v Speaker 2>yes sir bringing in, a clip.

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<v Speaker 3>The forty trillion is a. Big number it is smaller

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<v Speaker 3>when we looked at the a publicly traded amount because

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<v Speaker 3>our social security funds and other government entities hold a.

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<v Speaker 3>Substantial amount and what we're going, To do we're gonna

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<v Speaker 3>have to grow our way out. Of this and remember

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<v Speaker 3>we did not get here in a day that we

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<v Speaker 3>were left with. A Mess the biden administration had the

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<v Speaker 3>highest DEFICIT to gdp in history when we weren't at

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<v Speaker 3>war or weren't in. A recession for twenty, twenty five

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<v Speaker 3>we brought it down by more than.

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<v Speaker 2>A percent, YOU know i love. THIS man i believe he's.

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<v Speaker 2>Very brilliant but the ONE thing i don't like about

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<v Speaker 2>what he just said is we're two years into. This

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<v Speaker 2>administration it's time to stop blaming the. Previous administration that's

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<v Speaker 2>the Only thing i'd really beat up. On that that'sn't

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<v Speaker 2>message that. He gave it's time to. Move forward it's time, to,

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<v Speaker 2>say hey we were left this and it's our job to.

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<v Speaker 2>Fix it so that's what we're going to do and

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<v Speaker 2>move forward with, that now, you know growing out of

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<v Speaker 2>it that was another thing that maybe we need to

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<v Speaker 2>talk about a, little bit because you just can't grow

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<v Speaker 2>out of forty, trillion dollars especially when you're spending two

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<v Speaker 2>to four trillion dollars beyond. Your revenue so if you

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<v Speaker 2>have deficit spending of two trillion dollars, a year you

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<v Speaker 2>barely can grow into the, deficit's spending much less grow

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<v Speaker 2>out of. Forty TRILLION so i think a faster growing

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<v Speaker 2>economy makes a large debt more manageable because the tax.

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<v Speaker 2>Revenues generated and you all, KNOW me i have backed

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<v Speaker 2>this administration last year when they dropped the debt by about,

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<v Speaker 2>ONE percent i was all, over that and where the

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<v Speaker 2>rest of the media was saying, things like, you know

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<v Speaker 2>we're going deeper and deeper, In debt but they were backing,

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<v Speaker 2>it off they were working, on it they were, laying

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<v Speaker 2>foundations they were bringing industries back so could grow so

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<v Speaker 2>our economy, could grow so the tax revenues, could grow

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<v Speaker 2>so we could start. Retiring that but, you know you

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<v Speaker 2>can't just grow your way out. Of it you actually

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<v Speaker 2>have to balance. The budget you actually have to start

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<v Speaker 2>with a. Balance budget and to start with a, balance

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<v Speaker 2>budget you actually have to have. A budget and we

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<v Speaker 2>still don't Have a congress that has given us. A

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<v Speaker 2>budget we have a president who Gives the congress his

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<v Speaker 2>idea what a budget, should be and then we Have

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<v Speaker 2>a congress who just does nothing but fight and it

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<v Speaker 2>has to at the last minute come up with a

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<v Speaker 2>way to just fund the government for another thirty sixty.

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<v Speaker 2>Ninety days that's not the way our founders. Wanted it

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<v Speaker 2>that's not the Way the lord wants us to. Manage

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<v Speaker 2>money our leaders need to get our budget, under control

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<v Speaker 2>and then they need to start stripping that budget down

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<v Speaker 2>every year and back it down till we're totally within,

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<v Speaker 2>our means and then we can start getting rid of.

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<v Speaker 2>The debt so if we have growth on one hand

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<v Speaker 2>and we have a reduction on, the other then we'll

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<v Speaker 2>be able to get it under control in the next

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<v Speaker 2>two to five to maybe ten years at. The longest

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<v Speaker 2>if we had responsible People. In congress that's why this

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<v Speaker 2>is so important. Right now that's why this election mediar

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<v Speaker 2>election is. So important we need to be all. OVER

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<v Speaker 2>it i know we have all the candidates. Lined up

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<v Speaker 2>many of them are pretty much milk. Past candidates they'll say,

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<v Speaker 2>one thing. Do another they're more liberal than, they're saying

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<v Speaker 2>or they're more in it. For themselves there's a lot

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<v Speaker 2>of those. In there i'd say at least fifty percent

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<v Speaker 2>of the Candidates that i've, LOOKED at i REALLY wish

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<v Speaker 2>i had a. Different option but we do the best

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<v Speaker 2>we can with what we've been given now and we keep.

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<v Speaker 2>Moving forward so if you're, not, registered vote. Get registered

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<v Speaker 2>if you're registered, to vote get. On it make sure

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<v Speaker 2>you vote In a congress that's going to put together

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<v Speaker 2>the budgets from, here forward and they're going to, be

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<v Speaker 2>balanced meaning we're. Not overspending if, We don't you've heard

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<v Speaker 2>me say. This before if, we don't we're going to

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<v Speaker 2>have a nation. In crisis we're going to have a

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<v Speaker 2>dollar that loses its standard as the trade currency of.

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<v Speaker 2>The world when, that happens that will affect. It here

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<v Speaker 2>then we'll See the treasury printing money left, and right

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<v Speaker 2>And The central, bank Here The federal reserve doing the.

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<v Speaker 2>Same thing we'll start seeing inflation and we'll see a

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<v Speaker 2>breakdown in. Our country people will stop buying, our debt

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<v Speaker 2>and when, that happens we'll have a collapse of our

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<v Speaker 2>economy and that could take ten twenty years to. Recover

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<v Speaker 2>from we don't want to, see. That folks we run,

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<v Speaker 2>the country YOU and i. The citizens despite what the government,

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<v Speaker 2>has done despite all the craziness they, have done the

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<v Speaker 2>cheating they've done in, the elections, the manipulations the running

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<v Speaker 2>people out of office with, endless lawsuits all that kind,

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<v Speaker 2>of stuff it's YOU and i who run this country

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<v Speaker 2>because we decide who's going to be in there pulling

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<v Speaker 2>the levers and doing. These things let's do it. This

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<v Speaker 2>year let's make. IT work i hope you'll join me

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<v Speaker 2>in praying for our leadership and praying for, these elections

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<v Speaker 2>and then getting out and voting when it comes around

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<v Speaker 2>not too long. From now we have. A responsibility remember

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<v Speaker 2>this show is all, about stewardship. Right well stewardship is

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<v Speaker 2>every aspect of. Our life it's how we live out

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<v Speaker 2>the truth of, our salvation how we Actually utilize, god's

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<v Speaker 2>resources which, is everything including you, and me for, his

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<v Speaker 2>purposes and his purposes is to create fellowship between himself

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<v Speaker 2>and us so that we can live eternally basking in,

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<v Speaker 2>his glory and to do it and to utilize those

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<v Speaker 2>resources for his purposes in a way that, glorifies him not, by, lying,

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<v Speaker 2>conniving cheating but by utilizing them in a way that

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<v Speaker 2>doesn't harm, his children does not cause them to stumble

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<v Speaker 2>in the relationship, with them does not cause him to

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<v Speaker 2>stumble as a grow To Accept jesus christ as. Their

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<v Speaker 2>savior that's what stewardship is, all about and part of

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<v Speaker 2>that is. Citizens stewardship scott, THE scent i really appreciate you,

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<v Speaker 2>being there but it's time to step up, And, say

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<v Speaker 2>okay we're going to own this from here on in

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<v Speaker 2>and watch before we leave office in a couple, of

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<v Speaker 2>years we're going to have this all under control. For

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<v Speaker 2>you THAT'S what i want. To hear maybe you can

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<v Speaker 2>tell me what you want to. Hear again the number

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<v Speaker 2>here is six' ten three six. Three eleven ten i'd

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<v Speaker 2>really love to hear from you about what's going on,

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<v Speaker 2>with our debt what's going on with the treasuries that

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<v Speaker 2>are out there and how we're seeing the treasury buying

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<v Speaker 2>back more to bring the. Interest rates down love to hear,

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<v Speaker 2>your two, cents your concerns maybe even, your financial questions

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<v Speaker 2>because that's what the show. Is all about it's all

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<v Speaker 2>about helping us realize the fullness of our stewardship so

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<v Speaker 2>that we can not only enjoy the Peace of the

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<v Speaker 2>lord right here, now and forever but to pass that

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<v Speaker 2>on to the others as we continue to grow And walk.

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<v Speaker 2>In his ways and it's such. A glorious Thing, today's

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<v Speaker 2>focus friday but, it's also overtime so remember we go

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<v Speaker 2>an extra half an hour. Today and overtime you'll want

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<v Speaker 2>to have your questions. Ready for that and all you

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<v Speaker 2>that are, IN the chat i really appreciate joining. Us

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<v Speaker 2>this morning are you all around the world, here on,

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<v Speaker 2>television on. Radio on streaming we're glad. You're with us

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<v Speaker 2>call in our email in and we'll get to. Your

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<v Speaker 2>questions today really appreciate you being. Here with us looking

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<v Speaker 2>forward to talking. ABOUT the millennials i think you're going

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<v Speaker 2>to be surprised at, what we're finding especially since everybody disshes.

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<v Speaker 2>Them so much we'll be right back after this short

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<v Speaker 2>message six' ten three. Sixty three eleven Ten We Are,

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<v Speaker 2>lyve i'm. Mark minelli your hosts this is financial issues

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<v Speaker 2>where we help you defund the darkness and fund the

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<v Speaker 2>light by. Investing with biblical integrity speaking about, investing with

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<v Speaker 2>biblical integrity let's look take a look at. The markets,

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<v Speaker 2>this morning this uh the futures are really attempting to modest.

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<v Speaker 2>Rebound from yesterday's selloff IT, LOOKS, like The smp nasdac

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<v Speaker 2>and dow are all a little, bit green this morning.

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<v Speaker 2>Which is really good what? Do we got here dow futures,

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<v Speaker 2>are a little actually they are all, about half a

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<v Speaker 2>point a little more than, A half a point so

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<v Speaker 2>that's positive, considering what we. Uh what, happened yesterday YOU

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<v Speaker 2>know yesterday the smp fell what, point Eighty seven percent

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<v Speaker 2>the dow dropped one point, three to TWO, percent, and

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<v Speaker 2>the naszak well, you KNOW that's interesting and nasdak only.

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<v Speaker 2>Lost one PERCENT yesterday usually the nasdak is. The worst

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<v Speaker 2>of them we see the rustle. Of decline as well

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<v Speaker 2>one point three and THAT saddens me because i have

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<v Speaker 2>a little bit of a. LEAN towards small caps i

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<v Speaker 2>think that small caps actually. Have, made this world remember

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<v Speaker 2>you've got to be a small capitalized company before you

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<v Speaker 2>can become a big or. A mega capitalized company they're.

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<v Speaker 2>The ones. That build it's small it's small Businesses. That

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<v Speaker 2>have BUILT america that's why. I lean, that way so

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<v Speaker 2>anyway let's take a little look. At sector rotation here

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<v Speaker 2>it looks like energy still remains the strongest of the.

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<v Speaker 2>DIFFERENT sectors right now i guess that's probably because the

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<v Speaker 2>straight to hard moves is out there. Keeping oil prices

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<v Speaker 2>higher and higher oil prices, help the oil companies so

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<v Speaker 2>it makes sense, That we'd see energy but we're also

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<v Speaker 2>seeing money flow into. Different AREAS financial areas what i

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<v Speaker 2>really like is industrial materials. Are coming. Up again that's

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<v Speaker 2>good but the main THING about this is i really

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<v Speaker 2>like that, we're seeing you know sometimes you can a

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<v Speaker 2>bell curve like this in the sectors where everything's. In,

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<v Speaker 2>ONE little area, oh i. Don't, know like it well

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<v Speaker 2>now we're seeing that, flatten out a bit and that's

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<v Speaker 2>a good thing for. THE markets in general i think

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<v Speaker 2>the risk that we look at right now is really

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<v Speaker 2>still the, higher oil price prices because oil, goes through

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<v Speaker 2>our economy and that when it, goes through our economy,

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<v Speaker 2>the price of shipping, the price of, manufacturing everything goes

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<v Speaker 2>up so it could be hitting inflation if we don't get. That, back,

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<v Speaker 2>down again now granted it's lower than it, was at

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<v Speaker 2>one point and it's definitely lower, than it's been oftentimes

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<v Speaker 2>and it's nowhere near where everybody, projected it would be

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<v Speaker 2>but still it'd be nice to get it. Back down

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<v Speaker 2>around sixty i'm looking forward to all this production and

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<v Speaker 2>hopefully somewhere in the next year or two we'll get

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<v Speaker 2>another another processing plant so we can start turning our

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<v Speaker 2>own crew it into gas and not have to worry.

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<v Speaker 2>About the world anyway the market pool fact that, we've seen,

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<v Speaker 2>this month it's serious. BUT it's not bad i think

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<v Speaker 2>it's really important, that as our philosophy our theme on,

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<v Speaker 2>investing is long term and we're going to talk about

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<v Speaker 2>this a little. Later in the show we have to

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<v Speaker 2>realize that whether it's it's good times or bad, times

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<v Speaker 2>in the market we're always searching for those stocks that

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<v Speaker 2>have that financial issue steal to be. Putting on the

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<v Speaker 2>byless sometimes, it's harder than others but this pullback actually

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<v Speaker 2>makes it. A little bit easier we should be seeing

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<v Speaker 2>the possibility of some of those stocks that have gone,

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<v Speaker 2>from buy to hold maybe some of them will be

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<v Speaker 2>putting back on the by lists as their valuate if

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<v Speaker 2>they were pulled down because their valuations. Went way too

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<v Speaker 2>high so that that's. A good Sign there that's something.

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<v Speaker 2>I'm really happy ABOUT but, whether like i said, good

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<v Speaker 2>time or bad there's always some stocks. That are doing,

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<v Speaker 2>well We don't panic as. Stewart's what we do as,

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<v Speaker 2>we look, at, this we say hey the markets are

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<v Speaker 2>starting to. Normalize a little bit. This two will pass

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<v Speaker 2>but remember the goal isn't just. To buy the dip

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<v Speaker 2>it's to buy value when the. Dip finally creates it

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<v Speaker 2>and that's what we're going. To be, doing here so.

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<v Speaker 2>Yeah enough on that let's why. DON'T we move over

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<v Speaker 2>i mentioned a little, bit about, the millennials and uh.

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<v Speaker 2>HERE here's what's interesting i hear people, just ragging on,

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<v Speaker 2>millennials calling them lazy calling them and doing. All these

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<v Speaker 2>crazy things but that's not. The way it's been if

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<v Speaker 2>we really look at, what's going on here we can

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<v Speaker 2>see that millennials. Are actually making money for far. More

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<v Speaker 2>than a decade millennials have, been told they're. Failing they're

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<v Speaker 2>falling behind but, there's a new poll, A, financial service

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<v Speaker 2>company chime tells. Us a different story forty six percent

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<v Speaker 2>of millennials say their financial situation has improved over the. Fast,

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<v Speaker 2>past five years now that's. Not a big deal that's about.

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<v Speaker 2>Fifty percent, of them, but listen in this the millennials

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<v Speaker 2>net worth has grown by more than one hundred and

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<v Speaker 2>thirty percent. Over that five years one. HUNDRED and thirty

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<v Speaker 2>percent i think most of us would. Like returns like

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<v Speaker 2>that total net, worth is nearly quadripe drupled in two.

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<v Speaker 2>Thousand from twenty nineteen. For think about it it grew

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<v Speaker 2>from about four trillion dollars to sixteen trillion dollars in.

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<v Speaker 2>That in. Five years that's huge so, we got to

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<v Speaker 2>stop we got to stop ragging on millennials and take

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<v Speaker 2>a look at what's. Really GOING on there and i find.

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<v Speaker 2>It very exciting myself if, all this is true we

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<v Speaker 2>have a generation that is really getting, involved in their

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<v Speaker 2>economics that is really getting behind it and starting to

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<v Speaker 2>realize the free enterprise system that they have is then

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<v Speaker 2>the opportunity. To be, very wealthy you know just recently

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<v Speaker 2>we look at it and we, saw that the millennials

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<v Speaker 2>and the gen zs are more entrepreneurial. Than any other

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<v Speaker 2>generation we ALSO saw that gen z that. Comes after

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<v Speaker 2>the millennials they're actually where the millennials started investing around age,

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<v Speaker 2>twenty Five on average gen z's are starting to. Invest

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<v Speaker 2>at age nineteen this is incredible, because in my generation

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<v Speaker 2>we didn't started investing till. Much later in life we

294
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<v Speaker 2>didn't have, for a one, case by THE way back, When,

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<v Speaker 2>I started working. Yes i'm, that old you know iras

296
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<v Speaker 2>didn't even come in. Until the mid seventies we Didn't

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<v Speaker 2>see a roth. Ira until the nineties so all. These

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00:17:41.839 --> 00:17:44.599
<v Speaker 2>vehicles weren't there. We didn't have internet if you wanted to,

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00:17:44.680 --> 00:17:47.079
<v Speaker 2>open up an account what you had to do is

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00:17:47.079 --> 00:17:49.279
<v Speaker 2>you had to go down. To a local brokerage you

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<v Speaker 2>had to. Fill out paper forms they had to check

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<v Speaker 2>back check it and make sure you had enough money

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00:17:54.279 --> 00:17:56.160
<v Speaker 2>that it was worth their while. To talk to you.

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<v Speaker 2>And it was difficult and then every time you want

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00:17:59.559 --> 00:18:02.119
<v Speaker 2>to make it you. Had to call them. It was

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00:18:02.240 --> 00:18:06.519
<v Speaker 2>Just crazy now gen z. They're born into this they

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<v Speaker 2>get to wake, up in the morning, look at their

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00:18:08.799 --> 00:18:11.799
<v Speaker 2>phone decide they want, to sell buy something and tap.

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00:18:11.880 --> 00:18:14.279
<v Speaker 2>Something on. Their phone it's done they never. Had to

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00:18:14.319 --> 00:18:20.279
<v Speaker 2>meet Anybody they have zero the idea of zero cost

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00:18:20.440 --> 00:18:24.000
<v Speaker 2>trades didn't even come in into what, two thousand. And

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<v Speaker 2>nine twenty. Ten it's just incredible but, They're living this

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<v Speaker 2>now so investing is, getting EARLIER and earlier and i

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<v Speaker 2>can see how making money and being. More productive is

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<v Speaker 2>working you. Know where this works it only. Works in

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00:18:38.559 --> 00:18:42.319
<v Speaker 2>one place it's called the free enterprise System. Of capitalism

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<v Speaker 2>of america this. Is where it worked this, is a

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<v Speaker 2>system that more than, any other political system has brought.

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<v Speaker 2>People out of poverty every country that Embraced, the freedom

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<v Speaker 2>like America that came after, america and said hey we,

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<v Speaker 2>Like what you're doing we're. Going to do this we're

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<v Speaker 2>gonna give people freedom to work their, way out of,

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<v Speaker 2>debt to come up, to lift themselves up not to.

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<v Speaker 2>Depend on the government every country, that has done that

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<v Speaker 2>that created a Free, enterprise system like america has increased

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<v Speaker 2>the net worth, of their society substantially not, just at

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<v Speaker 2>the top but more so, at the low end moving

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<v Speaker 2>more people out of poverty than any other social. Or

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<v Speaker 2>political system ever we. Have A great system and i

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<v Speaker 2>think we have a great system because it was, founded

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<v Speaker 2>on biblical principles those, principles we call stewardship those principles

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<v Speaker 2>that we use to help Ourselves every day honor god

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<v Speaker 2>by utilizing his. Resources TO his glory so i think,

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<v Speaker 2>it's a, great thing you know. And think about this we,

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<v Speaker 2>have the millennials now and they have a lot of

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00:19:51.640 --> 00:19:56.200
<v Speaker 2>time left and times very. Important in creating wealth and

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00:19:56.559 --> 00:20:01.279
<v Speaker 2>wealth itself doesn't. Generally happen over now it can and,

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00:20:01.319 --> 00:20:06.519
<v Speaker 2>occasionally somebody you know. Does get rich, overnight but we

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<v Speaker 2>Read we read in proverbs. Thirteen that wealth Gained now.

340
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<v Speaker 2>It's not proverbs thirteen it's the one where it says

341
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<v Speaker 2>we wealth is, built little by little and and it

342
00:20:17.880 --> 00:20:21.000
<v Speaker 2>dwindles away if it's if if. We realize it overnight

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<v Speaker 2>what we have to Realize here is that god is the,

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<v Speaker 2>god of the universe including, the physics of money and

345
00:20:28.599 --> 00:20:30.839
<v Speaker 2>he knows. How to make, wealth, and he says, hey

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<v Speaker 2>step by, step inch by inch it, put a little away,

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00:20:34.039 --> 00:20:36.640
<v Speaker 2>that little starts growing and then the growth on that

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<v Speaker 2>little and a little, bit now start earning and so.

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00:20:40.160 --> 00:20:43.079
<v Speaker 2>It compounds over time it's a wonderful thing. We have

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<v Speaker 2>in that so let's Hear, it for the millennials let's

351
00:20:47.119 --> 00:20:49.599
<v Speaker 2>hear It for the gen z and Now we got jen.

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00:20:49.759 --> 00:20:54.079
<v Speaker 2>Alpha coming after them but the key here is they're

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<v Speaker 2>all embracing this Free enterprise system of america capitalism that

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<v Speaker 2>is based On the. FOUNDATIONS of biblical principles i really

355
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<v Speaker 2>believe our nation was built On. The hand of god

356
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<v Speaker 2>he put his. Hand on this, nation we honored him

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<v Speaker 2>and if we, continue, to honor, him heck who knows

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<v Speaker 2>we might even get. Out of, Debt again you, Know, elijah, could,

359
00:21:19.799 --> 00:21:26.799
<v Speaker 2>Happen yeah yeah yeah and then then the then could,

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00:21:26.799 --> 00:21:28.720
<v Speaker 2>come on and say you know how we. Got out

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<v Speaker 2>of debt we got out on debt by Humbling ourselves

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<v Speaker 2>before the lord and following the Basic, instructions Before. Leaving

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<v Speaker 2>earth the bible and when we get our government to

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00:21:40.599 --> 00:21:45.039
<v Speaker 2>start following those Physics of, money which god created was

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<v Speaker 2>see a nation that will be the, strongest in the world,

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<v Speaker 2>will dominate the world but hopefully we'll dominate. It with

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<v Speaker 2>love again the number here is six' ten. Three six

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<v Speaker 2>three eleven ten i'd love to hear what your thoughts

369
00:21:59.799 --> 00:22:03.759
<v Speaker 2>are On, the millennials or the alphas or even your.

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00:22:03.839 --> 00:22:07.240
<v Speaker 2>PERSONAL questions that you have i know there's a, lot

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00:22:07.279 --> 00:22:11.319
<v Speaker 2>of chat going on and there's. Some good questions out

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<v Speaker 2>there Call in Because obviously, WITHOUT seth and sam here

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<v Speaker 2>i don't have time to be going in the chat

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<v Speaker 2>as much as we. Do on a normal day so

375
00:22:20.119 --> 00:22:23.440
<v Speaker 2>you'll have to call in to. Get. Your chat, questions

376
00:22:23.680 --> 00:22:27.039
<v Speaker 2>answered today just today it's just one, of those, weird

377
00:22:27.119 --> 00:22:32.880
<v Speaker 2>days also you, Know just for those wondering sam's. Out

378
00:22:32.880 --> 00:22:36.279
<v Speaker 2>on a, Personal. Day nothing wrong there seth it's got

379
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<v Speaker 2>a little, bit of a stomach bug and you cared

380
00:22:38.279 --> 00:22:41.680
<v Speaker 2>enough about everybody, In the studio stay home so keep

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00:22:41.720 --> 00:22:43.480
<v Speaker 2>them in your prayers so that he gets over that

382
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<v Speaker 2>stomach bug and He'll. Be with us hopefully monday you

383
00:22:47.640 --> 00:22:50.839
<v Speaker 2>know that's. Going around. That stomach bug it is. It

384
00:22:51.000 --> 00:22:56.000
<v Speaker 2>is cautious right now that's why you're in that, all

385
00:22:56.079 --> 00:22:59.559
<v Speaker 2>glass cage right, now, Staying away from EVERYBODY right. That's,

386
00:22:59.599 --> 00:23:02.440
<v Speaker 2>exactly what. I need Yeah that's safe that's why I'm In.

387
00:23:02.519 --> 00:23:05.160
<v Speaker 2>My bunker, in saint louis you Know didn't? You, tell

388
00:23:05.160 --> 00:23:10.400
<v Speaker 2>where i'm at, oh well it's, all right gonna, Be

389
00:23:10.480 --> 00:23:13.680
<v Speaker 2>yeah it's. All right i'll be. Safe i'll be safe

390
00:23:13.920 --> 00:23:17.200
<v Speaker 2>again the number six ten. Three six three eleven ten we,

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<v Speaker 2>love to hear from you and we'd. Love to, hear

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00:23:19.960 --> 00:23:23.759
<v Speaker 2>your questions if not we're gonna. Be able to answer

393
00:23:23.880 --> 00:23:27.359
<v Speaker 2>questions we got a whole bunch of email, questions and

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00:23:27.440 --> 00:23:29.960
<v Speaker 2>we have uh we have the phones and we, have

395
00:23:30.079 --> 00:23:33.039
<v Speaker 2>the chat. So uh it'll be fun and, Then we

396
00:23:33.119 --> 00:23:36.240
<v Speaker 2>have overtime today. So don't forget about. That we have.

397
00:23:36.519 --> 00:23:59.480
<v Speaker 2>Overtime today it's Party. Day it's, that fun, friday welcome.

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<v Speaker 2>BACK every one you know i want to take a

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00:24:01.200 --> 00:24:03.880
<v Speaker 2>moment here first to thank our partners and, thank our

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<v Speaker 2>our our patriots thank everybody. Who's HELPING support the show

401
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<v Speaker 2>but i Also Want. To Thank the timothy plan timothy

402
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<v Speaker 2>plan was the first mutual fund company to invest. With,

403
00:24:16.640 --> 00:24:20.000
<v Speaker 2>biblical integrity by prospectives now a lot of people, don't

404
00:24:20.000 --> 00:24:22.000
<v Speaker 2>know What that means but what i'm going, to tell

405
00:24:22.000 --> 00:24:25.279
<v Speaker 2>you right now it means that in the DOCUMENTS they

406
00:24:25.359 --> 00:24:28.920
<v Speaker 2>file with the sec on, what they're going to do

407
00:24:29.000 --> 00:24:31.759
<v Speaker 2>they say they're going, to invest with biblical, integrity not

408
00:24:31.839 --> 00:24:35.440
<v Speaker 2>those exact Words but many words honoring god and saying

409
00:24:35.440 --> 00:24:37.880
<v Speaker 2>That they're going to. Honor god with the investments and

410
00:24:37.920 --> 00:24:40.279
<v Speaker 2>these are going to be investments for those people who want.

411
00:24:40.319 --> 00:24:43.279
<v Speaker 2>TO do the same thing I am so proud That

412
00:24:43.359 --> 00:24:46.359
<v Speaker 2>i was that art ali asked me to be on

413
00:24:46.400 --> 00:24:48.920
<v Speaker 2>the board of directors, way BACK when it started and

414
00:24:48.960 --> 00:24:51.200
<v Speaker 2>i got to be on the board of directors For Several,

415
00:24:51.279 --> 00:24:54.480
<v Speaker 2>years WITH the timothy plan and, i saw what we're

416
00:24:54.519 --> 00:24:57.519
<v Speaker 2>doing and we grew from one one fund to for

417
00:24:57.799 --> 00:24:59.839
<v Speaker 2>funds and now. We look what, they have they, have

418
00:25:00.160 --> 00:25:03.440
<v Speaker 2>ETFs they have funds, they have fun to fund they have.

419
00:25:03.599 --> 00:25:07.559
<v Speaker 2>All the things somebody Need anybody who loves the lord needs,

420
00:25:07.599 --> 00:25:10.759
<v Speaker 2>to invest with biblical integrity never Have to worry about.

421
00:25:11.000 --> 00:25:17.599
<v Speaker 2>Compromising god's tenets of love it's the company that really

422
00:25:18.480 --> 00:25:22.599
<v Speaker 2>makes me proud, of where We've Come, from because before

423
00:25:22.640 --> 00:25:26.799
<v Speaker 2>timothy plan there was. Nobody doing this so effectively the

424
00:25:26.839 --> 00:25:30.920
<v Speaker 2>whole bri movement was built upon, The Shoulders, of one

425
00:25:31.000 --> 00:25:36.119
<v Speaker 2>man Ard Ali. Who STARTED the timothy plan so i

426
00:25:36.160 --> 00:25:38.000
<v Speaker 2>am so proud to be able. To CALL him a

427
00:25:38.039 --> 00:25:40.440
<v Speaker 2>friend and i don't know why, he hangs with me though. But,

428
00:25:40.519 --> 00:25:43.960
<v Speaker 2>that's a, Different, story hey let's hey elijah. Let's. Go

429
00:25:44.000 --> 00:25:46.160
<v Speaker 2>to the phones here It looks like We. Got, dorothy

430
00:25:46.240 --> 00:25:51.119
<v Speaker 2>here in florida. Dorothy welcome to financial. Issues glad you're

431
00:25:51.160 --> 00:25:52.319
<v Speaker 2>with us how? Are. You doing this?

432
00:25:52.400 --> 00:25:56.480
<v Speaker 4>Morning, TERRIFIC how about yourself oh.

433
00:25:56.519 --> 00:25:57.720
<v Speaker 2>I know Who this is.

434
00:25:59.440 --> 00:25:59.599
<v Speaker 5>I'm.

435
00:25:59.640 --> 00:26:02.160
<v Speaker 2>Doing i'm doing very good what's, On. Your mind this

436
00:26:02.279 --> 00:26:03.960
<v Speaker 2>morning dorothy. Good, to hear from.

437
00:26:03.960 --> 00:26:08.200
<v Speaker 4>YOU oh the same here i was just wondering if

438
00:26:08.839 --> 00:26:12.720
<v Speaker 4>perhaps the millennials that are now doing well with their

439
00:26:12.759 --> 00:26:19.559
<v Speaker 4>financial decisions and increase and their financial wealth has to

440
00:26:19.559 --> 00:26:23.880
<v Speaker 4>do with the fact that probably over the, last ten

441
00:26:24.000 --> 00:26:28.359
<v Speaker 4>years or so they started to receive financial education that,

442
00:26:28.559 --> 00:26:33.519
<v Speaker 4>started with the young people particularly starting with that age,

443
00:26:33.519 --> 00:26:37.519
<v Speaker 4>group back, in the nineties, late nineties early two thousands

444
00:26:37.519 --> 00:26:41.359
<v Speaker 4>where they started to put. That, in the school system

445
00:26:41.799 --> 00:26:43.920
<v Speaker 4>however we could do a whole. Lot MORE better with

446
00:26:44.000 --> 00:26:47.599
<v Speaker 4>that but i was just wondering if you thought that

447
00:26:47.599 --> 00:26:52.640
<v Speaker 4>that could probably be the reasons why the millennials are

448
00:26:52.640 --> 00:26:58.599
<v Speaker 4>doing better and especially TRICKLING Down to the, gen Z.

449
00:27:00.119 --> 00:27:02.920
<v Speaker 2>It possibly could and. I do, believe it IS you

450
00:27:02.960 --> 00:27:06.079
<v Speaker 2>know there's another. I. Have another theory too uh there's

451
00:27:06.119 --> 00:27:10.200
<v Speaker 2>a lot of surveys out showing millennials gen zs more

452
00:27:10.680 --> 00:27:13.680
<v Speaker 2>young men and women are going back. To, church than ever,

453
00:27:13.799 --> 00:27:16.960
<v Speaker 2>Before now think about this why are they going back

454
00:27:16.960 --> 00:27:19.359
<v Speaker 2>to church and why are they taking control of their

455
00:27:19.400 --> 00:27:23.759
<v Speaker 2>finances because they've. Lost hope they're a lot they were

456
00:27:23.759 --> 00:27:28.599
<v Speaker 2>a lost generation because we. Had, the generation, before them

457
00:27:28.000 --> 00:27:31.440
<v Speaker 2>uh you know with all the left winging politics and

458
00:27:31.480 --> 00:27:35.839
<v Speaker 2>everything going on being shoved down their throats that they've lost,

459
00:27:35.920 --> 00:27:38.839
<v Speaker 2>hope because, they're being told you know, they're not gonna

460
00:27:38.880 --> 00:27:41.839
<v Speaker 2>own anything. And they're gonna like it you're gonna you're gonna,

461
00:27:42.000 --> 00:27:44.200
<v Speaker 2>Have to get in line you're gonna, have to do

462
00:27:44.440 --> 00:27:48.240
<v Speaker 2>you know it's socialism where you you. Can't realize your full.

463
00:27:48.319 --> 00:27:51.720
<v Speaker 2>Potential all these different. Things they've lost all hope now

464
00:27:51.720 --> 00:27:54.200
<v Speaker 2>they're going back and seeking that hope in the, right

465
00:27:54.240 --> 00:27:58.400
<v Speaker 2>places In the churches In. The Bible and finding christ.

466
00:27:58.839 --> 00:28:03.640
<v Speaker 2>Finding christ leads the stewardship stewardship leads to better financial

467
00:28:03.680 --> 00:28:07.839
<v Speaker 2>management because, you realize It's not yours but it's god's

468
00:28:07.960 --> 00:28:11.960
<v Speaker 2>And you're. Managing it TO his glory and that's i,

469
00:28:11.960 --> 00:28:15.000
<v Speaker 2>think that's what's really happening is they're finding hope and

470
00:28:15.039 --> 00:28:17.839
<v Speaker 2>they're realizing the best hope in the World Is, here

471
00:28:17.839 --> 00:28:20.400
<v Speaker 2>in the united states where you have The Freedom To

472
00:28:20.559 --> 00:28:24.519
<v Speaker 2>embrace the One true god and embrace jesus as your

473
00:28:24.559 --> 00:28:28.160
<v Speaker 2>savior and take control of your life in the sense

474
00:28:28.200 --> 00:28:31.160
<v Speaker 2>of Being able to start companies We just saw where

475
00:28:32.599 --> 00:28:36.839
<v Speaker 2>gen Zs are entrepreneurs through the max where more almost

476
00:28:36.960 --> 00:28:42.559
<v Speaker 2>six hundred thousand applications for new Businesses were put In

477
00:28:42.559 --> 00:28:48.839
<v Speaker 2>in july. By gen zs. Starting businesses that's incredible, entrepreneurship

478
00:28:48.880 --> 00:28:51.759
<v Speaker 2>ALL that going on and i, Believe, IT'S because they're

479
00:28:51.759 --> 00:28:55.880
<v Speaker 2>realizing hey i have an opportunity most of. The WORLD

480
00:28:55.920 --> 00:28:59.720
<v Speaker 2>doesn't have one is i can find, true hope In,

481
00:28:59.720 --> 00:29:02.640
<v Speaker 2>the world UN true god and, too i have the

482
00:29:03.079 --> 00:29:06.920
<v Speaker 2>strength the passion and ability to become more than just

483
00:29:06.960 --> 00:29:11.279
<v Speaker 2>sitting at home playing video. Games on, A government dime

484
00:29:11.799 --> 00:29:14.039
<v Speaker 2>you know i really. Believe, that's where it's at? DOROTHY

485
00:29:14.079 --> 00:29:14.279
<v Speaker 2>what do?

486
00:29:14.319 --> 00:29:20.000
<v Speaker 4>You think, i, absolutely agree excuse me yes we just

487
00:29:20.519 --> 00:29:24.039
<v Speaker 4>see that pouring into the lives of these young people

488
00:29:25.079 --> 00:29:28.720
<v Speaker 4>really really helps for, THOSE of us that, have i

489
00:29:28.759 --> 00:29:31.960
<v Speaker 4>guess you say been through the fire and learn our.

490
00:29:32.119 --> 00:29:36.359
<v Speaker 4>Lessons through the hard knocks is that we're Able to

491
00:29:36.559 --> 00:29:40.319
<v Speaker 4>share this with and we just had a young man.

492
00:29:40.400 --> 00:29:43.680
<v Speaker 4>That we've been ministering too, he's twenty five years old

493
00:29:44.079 --> 00:29:48.599
<v Speaker 4>really hasn't had, a job over his lifetime and. So,

494
00:29:48.680 --> 00:29:52.759
<v Speaker 4>he's been helping us however when we challenged him as

495
00:29:52.799 --> 00:29:55.480
<v Speaker 4>to why don't you want, to really, get a job

496
00:29:55.839 --> 00:29:58.480
<v Speaker 4>he says because there is no. Meaningful jobs there.

497
00:29:58.640 --> 00:29:59.079
<v Speaker 5>For me.

498
00:30:00.559 --> 00:30:05.079
<v Speaker 2>Then start it start, The BUSINESS you know Today, when

499
00:30:05.119 --> 00:30:08.039
<v Speaker 2>I wanted TO yeah when i when i wanted TO

500
00:30:08.079 --> 00:30:11.880
<v Speaker 2>start the first, business i started many. Many many many

501
00:30:11.960 --> 00:30:14.559
<v Speaker 2>years ago it. Was all done on, paper there was

502
00:30:14.559 --> 00:30:17.200
<v Speaker 2>no internet, there was no cell phones. THERE was nothing

503
00:30:17.240 --> 00:30:18.759
<v Speaker 2>like that i had to sit DOWN and. Write it

504
00:30:18.799 --> 00:30:21.200
<v Speaker 2>out i had there was no way for me to

505
00:30:21.200 --> 00:30:25.400
<v Speaker 2>figure out all the legal terms and. ALL the legalities

506
00:30:25.440 --> 00:30:27.680
<v Speaker 2>of it i actually had to go and get an

507
00:30:27.680 --> 00:30:30.400
<v Speaker 2>attorney to help me work. Through that kind of, STUFF

508
00:30:30.480 --> 00:30:32.799
<v Speaker 2>to figure it out i. Had to get an accountant

509
00:30:33.039 --> 00:30:36.440
<v Speaker 2>now you can start a business online for whatever the

510
00:30:36.480 --> 00:30:40.200
<v Speaker 2>fee is. In your state to incorporate you don't. Even

511
00:30:40.240 --> 00:30:41.960
<v Speaker 2>have to go anywhere and if, you don't understand the

512
00:30:42.039 --> 00:30:44.079
<v Speaker 2>question you just copy it AND paste it in the

513
00:30:44.200 --> 00:30:47.319
<v Speaker 2>ai and it'll give you the legal terminology and. The

514
00:30:47.400 --> 00:30:50.400
<v Speaker 2>risk and the concerns you can do so. MUCH starting

515
00:30:50.440 --> 00:30:52.319
<v Speaker 2>a business now i think that has a lot to,

516
00:30:52.359 --> 00:30:55.599
<v Speaker 2>do with the entrepreneurship now is that we. Can do so,

517
00:30:55.720 --> 00:31:00.599
<v Speaker 2>much online by, the way speaking of businesses, for those

518
00:31:00.599 --> 00:31:03.759
<v Speaker 2>Who Don't. Know this is dorsey kissler her and her

519
00:31:03.880 --> 00:31:12.799
<v Speaker 2>husband have written and created an educational uh but financial education,

520
00:31:13.079 --> 00:31:16.920
<v Speaker 2>for young, men and women, for teenagers for Pre Teens

521
00:31:17.200 --> 00:31:20.519
<v Speaker 2>and it's called professor dollar that helps them understand what

522
00:31:20.640 --> 00:31:23.759
<v Speaker 2>money is and how to use it and how it.

523
00:31:23.799 --> 00:31:28.359
<v Speaker 2>Can enhance everything you're doing, How To. Handle your money

524
00:31:28.640 --> 00:31:34.000
<v Speaker 2>professor dollar it's, Really. A really great information dorothy if, somebody,

525
00:31:34.039 --> 00:31:37.640
<v Speaker 2>wanted information on that well? How can they get Information.

526
00:31:38.359 --> 00:31:41.440
<v Speaker 4>I'll Go to the. Professor Dollar academy dot com.

527
00:31:42.000 --> 00:31:43.039
<v Speaker 2>Professor dollar.

528
00:31:44.720 --> 00:31:48.799
<v Speaker 4>And on THAT we also have another uh Setup that

529
00:31:48.880 --> 00:31:55.400
<v Speaker 4>We have called minors to millionaires from, the classroom to

530
00:31:55.440 --> 00:31:59.799
<v Speaker 4>the boardroom. So there's some information there we're still working

531
00:31:59.880 --> 00:32:03.200
<v Speaker 4>on updating some Of the Information on, the minus to

532
00:32:03.519 --> 00:32:07.519
<v Speaker 4>millionaire's website but they Can Definitely Go to the professor

533
00:32:07.599 --> 00:32:09.400
<v Speaker 4>dollar academy dot com.

534
00:32:09.440 --> 00:32:14.319
<v Speaker 2>And get more there, there and by the way They

535
00:32:14.559 --> 00:32:17.240
<v Speaker 2>they both. Love the LORD so much sinny and i have.

536
00:32:17.359 --> 00:32:21.680
<v Speaker 2>Become good friends with them they. They're they're just Incredible

537
00:32:21.720 --> 00:32:25.519
<v Speaker 2>people They. Love the lord and Dorotha i'm so glad that.

538
00:32:25.680 --> 00:32:28.640
<v Speaker 2>God brought our paths together, so thank you for that

539
00:32:28.799 --> 00:32:31.920
<v Speaker 2>and thank you for calling in. AND joining me this. Morning,

540
00:32:32.039 --> 00:32:39.559
<v Speaker 2>i really, appreciate it, Okay all right. BYE bye oh

541
00:32:39.720 --> 00:32:42.759
<v Speaker 2>that's great i just love it when people you know

542
00:32:42.920 --> 00:32:46.000
<v Speaker 2>call in and. Even people you, Don't, know speaking of

543
00:32:46.039 --> 00:32:48.240
<v Speaker 2>that keith we only have, a Couple of minutes here

544
00:32:48.319 --> 00:32:51.519
<v Speaker 2>so i'll hope you hold over until the next segment

545
00:32:52.400 --> 00:32:55.640
<v Speaker 2>so that we can so that we can totally address

546
00:32:55.680 --> 00:32:58.119
<v Speaker 2>your question here and. We will get to it, and

547
00:32:58.160 --> 00:33:01.119
<v Speaker 2>the phones are open and we do have a lot,

548
00:33:01.119 --> 00:33:03.440
<v Speaker 2>of chat going on here but we also have a

549
00:33:03.480 --> 00:33:05.880
<v Speaker 2>lot of. Questions to be answering HERE one of The

550
00:33:05.920 --> 00:33:11.279
<v Speaker 2>things i like, what dorothy said about education if somebody doesn't.

551
00:33:11.359 --> 00:33:14.440
<v Speaker 2>TAKE you under the arm i remember my. FIRST my,

552
00:33:14.559 --> 00:33:17.680
<v Speaker 2>FIRST real business i mean i had, a COUPLE of

553
00:33:17.720 --> 00:33:20.960
<v Speaker 2>small businesses but i, opened up, a, music, store, you

554
00:33:20.960 --> 00:33:25.920
<v Speaker 2>know guitars. Keyboards AMPS little recording studio but i. DIDN'T

555
00:33:25.960 --> 00:33:29.160
<v Speaker 2>know anything about business i. DIDN'T know anything ABOUT marketing

556
00:33:29.240 --> 00:33:31.880
<v Speaker 2>i just KNEW i loved, music AND i loved equipment

557
00:33:32.880 --> 00:33:35.799
<v Speaker 2>and i WANTED to do this. And I love that

558
00:33:35.960 --> 00:33:39.640
<v Speaker 2>industry so i did, that as a young man a gentleman.

559
00:33:39.880 --> 00:33:44.480
<v Speaker 2>FROM an international, music COMPANY i met him the cfo

560
00:33:44.559 --> 00:33:47.359
<v Speaker 2>of a, major company in the world took me under

561
00:33:47.359 --> 00:33:50.119
<v Speaker 2>his wing and started. Teaching me about these things and

562
00:33:50.160 --> 00:33:52.640
<v Speaker 2>it's ONLY because of that that, i became a decent

563
00:33:52.799 --> 00:33:55.759
<v Speaker 2>businessman and It's only BECAUSE of the lord that i

564
00:33:55.839 --> 00:33:57.640
<v Speaker 2>learned how to do it in. A way that honors

565
00:33:57.720 --> 00:34:00.680
<v Speaker 2>him so, you put those two together. And it's a

566
00:34:00.720 --> 00:34:04.359
<v Speaker 2>great thing we. Need to mentor the millennials we need,

567
00:34:04.400 --> 00:34:07.000
<v Speaker 2>to be There for them the Gen z's and the

568
00:34:07.160 --> 00:34:11.360
<v Speaker 2>gin alphas as a as a trek into this jungle

569
00:34:11.480 --> 00:34:15.880
<v Speaker 2>of the called the. Economy called the stock market we need,

570
00:34:15.920 --> 00:34:18.840
<v Speaker 2>to be there for, them not just financial. Issues BUT

571
00:34:18.960 --> 00:34:21.840
<v Speaker 2>you as well when i LOOK at Our, chat AND

572
00:34:21.840 --> 00:34:25.480
<v Speaker 2>i See, nelson AND i see justin and i see

573
00:34:25.800 --> 00:34:28.599
<v Speaker 2>all these people that are are, Here on A, Regular, Basis,

574
00:34:28.719 --> 00:34:33.039
<v Speaker 2>dave and darlene george lisa. You know all these people

575
00:34:34.119 --> 00:34:38.400
<v Speaker 2>they have an intelligence that. CAN help the young person

576
00:34:38.519 --> 00:34:42.760
<v Speaker 2>i want to encourage you to start mentoring young people because. That's,

577
00:34:42.840 --> 00:34:45.480
<v Speaker 2>really where it's at well the number here is six ten.

578
00:34:45.639 --> 00:34:48.840
<v Speaker 2>Three sixty three eleven ten that's six ten. Three six

579
00:34:49.000 --> 00:34:52.119
<v Speaker 2>three eleven ten we got fifteen minutes left before we.

580
00:34:52.159 --> 00:34:55.320
<v Speaker 2>GET to go to overtime i hope you'll. Be joining

581
00:34:55.400 --> 00:34:58.800
<v Speaker 2>Us with that and now keith will get to you

582
00:34:58.920 --> 00:35:01.639
<v Speaker 2>first thing. Coming back from this, break so hold on

583
00:35:01.719 --> 00:35:03.880
<v Speaker 2>there and we got a couple more, slots on the

584
00:35:03.920 --> 00:35:07.000
<v Speaker 2>phones opening so give us a call six tin. Three

585
00:35:07.079 --> 00:35:08.639
<v Speaker 2>six three eleven ten.

586
00:35:23.400 --> 00:35:26.440
<v Speaker 6>The opinions and recommendations expressed on this program do not

587
00:35:26.480 --> 00:35:29.320
<v Speaker 6>necessarily represent the opinions of the station or. Any, of

588
00:35:29.360 --> 00:35:33.440
<v Speaker 6>the program sponsors additionally all products or services offered by

589
00:35:33.440 --> 00:35:34.920
<v Speaker 6>the program sponsors may not.

590
00:35:35.000 --> 00:35:35.679
<v Speaker 2>Be known by the.

591
00:35:35.719 --> 00:35:42.599
<v Speaker 6>Program welcome back to everyone the number here is six ten.

592
00:35:42.719 --> 00:35:45.480
<v Speaker 2>Three sixty three eleven ten let's light up those Phones

593
00:35:45.519 --> 00:35:47.559
<v Speaker 2>and let's get them let's get it filled up. For,

594
00:35:47.679 --> 00:35:50.800
<v Speaker 2>overtime coming up here. Uh first of the week we

595
00:35:50.840 --> 00:35:53.199
<v Speaker 2>didn't we didn't touch on it at. THE beginning of

596
00:35:53.199 --> 00:35:55.119
<v Speaker 2>the show i just want, to Go through it again.

597
00:35:55.159 --> 00:35:58.320
<v Speaker 2>One peter four to ten as, each has received the

598
00:35:58.360 --> 00:36:01.480
<v Speaker 2>gift use it to serve one Other as good. STEWARDS

599
00:36:01.519 --> 00:36:05.000
<v Speaker 2>of god's varied, grace i. Love that verse varied, grace

600
00:36:05.039 --> 00:36:09.159
<v Speaker 2>we're each given different. Different gifts and different amounts it's

601
00:36:09.239 --> 00:36:12.280
<v Speaker 2>Not what we have, that he's entrusted us with it's.

602
00:36:12.320 --> 00:36:14.760
<v Speaker 2>What we do with it and we're to use it

603
00:36:15.159 --> 00:36:17.599
<v Speaker 2>not only, to care for our families not, only to

604
00:36:17.639 --> 00:36:21.079
<v Speaker 2>care for ourselves but to use it to, Care for

605
00:36:21.199 --> 00:36:24.440
<v Speaker 2>others as. Well god's children as Well. Use it to

606
00:36:24.519 --> 00:36:28.000
<v Speaker 2>glorify God. Use it to celebrate god that's what. A lot,

607
00:36:28.000 --> 00:36:30.400
<v Speaker 2>of people forget You Know. Look at the old testament

608
00:36:30.719 --> 00:36:34.679
<v Speaker 2>every time they woke Up and, realized how great god

609
00:36:34.880 --> 00:36:39.199
<v Speaker 2>Was you had four million hebrews throwing a barbecue for

610
00:36:39.239 --> 00:36:41.840
<v Speaker 2>a week. Or two or a month even so they

611
00:36:41.920 --> 00:36:45.280
<v Speaker 2>knew How. To party for the lord sometimes it's. That

612
00:36:45.400 --> 00:36:47.719
<v Speaker 2>wasn't cheap back then i'm. Sure it's not cheap today

613
00:36:47.760 --> 00:36:50.079
<v Speaker 2>but we should use, it for The, same thing to

614
00:36:50.159 --> 00:36:55.760
<v Speaker 2>celebrate god and Do, so not just on sundays but hopefully.

615
00:36:55.840 --> 00:36:59.039
<v Speaker 2>Every day of the week. Let's go to our, phones, Here,

616
00:36:59.119 --> 00:37:03.880
<v Speaker 2>We got keys yep. Keith welcome to financial issues. Glad

617
00:37:03.880 --> 00:37:08.280
<v Speaker 2>you're with us? Today what's? On your? Mind? Good morning

618
00:37:09.000 --> 00:37:09.960
<v Speaker 2>good morning.

619
00:37:11.599 --> 00:37:15.000
<v Speaker 5>Uh? Ets for ON my mind. I've been i.

620
00:37:15.000 --> 00:37:19.599
<v Speaker 2>Keep tracking that sounds like a country song to me? Ets, Are, On. My,

621
00:37:19.719 --> 00:37:24.239
<v Speaker 2>mind georgia.

622
00:37:25.480 --> 00:37:26.320
<v Speaker 5>Georgia Georgia.

623
00:37:26.800 --> 00:37:28.719
<v Speaker 2>Yeah, e t. S georgia yeah.

624
00:37:30.679 --> 00:37:34.639
<v Speaker 5>All right i keep tracking my Dividends and just how

625
00:37:34.719 --> 00:37:38.519
<v Speaker 5>much i'm making and Just make sure i'm i'm i'm

626
00:37:38.559 --> 00:37:41.960
<v Speaker 5>on the Income model and that's. What, i'm printer, CREATE

627
00:37:42.079 --> 00:37:46.039
<v Speaker 5>income OKAY and uh i know ets, don't have a

628
00:37:46.079 --> 00:37:50.119
<v Speaker 5>good dividend but they're supposed to are supposed, To, get

629
00:37:50.199 --> 00:37:51.639
<v Speaker 5>interest rates also.

630
00:37:52.159 --> 00:37:53.360
<v Speaker 2>Well it depends on THE type.

631
00:37:53.400 --> 00:37:53.440
<v Speaker 7>Of.

632
00:37:53.480 --> 00:37:58.800
<v Speaker 2>E t, f there Keith For Example the new timothy

633
00:37:58.880 --> 00:38:04.440
<v Speaker 2>PLAN fixed in come et fu will HAVE they're they're

634
00:38:04.480 --> 00:38:07.400
<v Speaker 2>looking at i think they're projecting BETWEEN four and six,

635
00:38:07.519 --> 00:38:12.119
<v Speaker 2>percent uh yield on it so that that would be

636
00:38:12.280 --> 00:38:15.880
<v Speaker 2>like your average bond or. Your average preferred or something,

637
00:38:15.920 --> 00:38:20.519
<v Speaker 2>and so that's pretty good, especially since it's well diversified uh.

638
00:38:20.559 --> 00:38:24.920
<v Speaker 2>To create, those that Yield so yeah not.

639
00:38:24.920 --> 00:38:29.239
<v Speaker 5>Very you would that you will Be, in dividends or interest.

640
00:38:29.880 --> 00:38:33.960
<v Speaker 2>Yes mostly in The In the in the timothy PLAN,

641
00:38:34.079 --> 00:38:37.599
<v Speaker 2>fixed income e t f it. Would. Be in an

642
00:38:37.840 --> 00:38:42.039
<v Speaker 2>income uh are you reinvesting your income or are you taking

643
00:38:42.079 --> 00:38:46.920
<v Speaker 2>it out to supplement Your retirement, or or, Your.

644
00:38:47.559 --> 00:38:50.840
<v Speaker 5>Right now right now i'm just building My cash with

645
00:38:51.000 --> 00:38:56.559
<v Speaker 5>income with I'm building a cash and. I'm using that, about.

646
00:38:56.320 --> 00:39:01.159
<v Speaker 2>Others oh all right So You know when.

647
00:39:01.079 --> 00:39:04.920
<v Speaker 5>I'm, i'm I'm many Years old so i'll think i'm

648
00:39:05.559 --> 00:39:07.559
<v Speaker 5>much happening to. Be, in the income model.

649
00:39:08.320 --> 00:39:12.320
<v Speaker 2>Yeah when you're fine, Where you're at on IT i'll

650
00:39:12.320 --> 00:39:15.119
<v Speaker 2>tell you what i like to. DO is with individual

651
00:39:15.159 --> 00:39:19.119
<v Speaker 2>stocks i don't like reinvesting the. DIVIDENDS or the capital

652
00:39:19.199 --> 00:39:21.679
<v Speaker 2>gains i like those going into a money, market account

653
00:39:21.679 --> 00:39:25.400
<v Speaker 2>like you're doing but. With mutual FUNDS and ETFs the

654
00:39:25.440 --> 00:39:27.840
<v Speaker 2>reason i don't like it going back into an individual

655
00:39:27.960 --> 00:39:31.239
<v Speaker 2>stock is because over time that stock could get way out,

656
00:39:31.239 --> 00:39:34.760
<v Speaker 2>of proportion for the. Portfolio and individual stock could but

657
00:39:34.840 --> 00:39:38.079
<v Speaker 2>when you're when you're REINVESTING, them in into an. Etf you're,

658
00:39:38.119 --> 00:39:43.079
<v Speaker 2>staying diversified, anyway there's somewhere you know between twelve and

659
00:39:43.760 --> 00:39:47.039
<v Speaker 2>in a thousand different COMPANIES that are in that, Etf

660
00:39:47.559 --> 00:39:50.800
<v Speaker 2>or that mutual fund so. You're getting the diversification anyway

661
00:39:51.119 --> 00:39:55.360
<v Speaker 2>so it shouldn't it. Shouldn't take over your portfolio one

662
00:39:55.800 --> 00:39:59.000
<v Speaker 2>one issue. Won't take over your portfolio but if you're

663
00:39:59.039 --> 00:40:01.719
<v Speaker 2>taking them, as part of your. Income THAT'S a different

664
00:40:01.760 --> 00:40:04.840
<v Speaker 2>story so i don't know if you just like the

665
00:40:04.920 --> 00:40:09.559
<v Speaker 2>idea of taking all dividends and capital gains and and

666
00:40:09.679 --> 00:40:11.880
<v Speaker 2>keeping it in cash so you can then go out and,

667
00:40:11.920 --> 00:40:15.360
<v Speaker 2>find something else to buy or just keeping them there

668
00:40:15.440 --> 00:40:17.679
<v Speaker 2>and then dumping them in at a at a time

669
00:40:17.800 --> 00:40:21.559
<v Speaker 2>you think is more appropriate to be. Reinvesting in the same,

670
00:40:21.639 --> 00:40:25.039
<v Speaker 2>things what's your philosophy there what's your, what's, Your, strategy

671
00:40:26.119 --> 00:40:32.440
<v Speaker 2>Answer yes okay well praise god, and continue what you're

672
00:40:32.480 --> 00:40:34.800
<v Speaker 2>doing because it sounds like. You're doing okay with it

673
00:40:35.000 --> 00:40:37.480
<v Speaker 2>there's no. Right or wrong on that it's how. You

674
00:40:37.519 --> 00:40:39.079
<v Speaker 2>best look at it and if, you.

675
00:40:39.039 --> 00:40:42.480
<v Speaker 5>HAVE the well AGAIN if i go if i go

676
00:40:42.559 --> 00:40:47.199
<v Speaker 5>in and look at the, at the at the. Dividends

677
00:40:47.280 --> 00:40:51.639
<v Speaker 5>it's not that, much but IF it's interesting? How do i, find,

678
00:40:51.679 --> 00:40:52.360
<v Speaker 5>that if that.

679
00:40:52.519 --> 00:40:57.199
<v Speaker 2>Information well they'll be quarterly there'll be quarterly reports that

680
00:40:57.280 --> 00:40:57.679
<v Speaker 2>come out.

681
00:40:57.800 --> 00:40:57.920
<v Speaker 5>On.

682
00:40:58.039 --> 00:41:01.039
<v Speaker 2>All your mutual funds uh you Also could go out

683
00:41:01.079 --> 00:41:03.719
<v Speaker 2>to timothyplan dot com and you could look at their

684
00:41:03.719 --> 00:41:07.840
<v Speaker 2>fact sheet. And. And their information there uh if you

685
00:41:08.119 --> 00:41:12.079
<v Speaker 2>if You Could actually even call timothy Plan That's one

686
00:41:12.119 --> 00:41:15.239
<v Speaker 2>eight hundred timothy plan and, talk, to somebody and say

687
00:41:15.280 --> 00:41:18.199
<v Speaker 2>hey how often do you declare the dividends? And interest?

688
00:41:18.280 --> 00:41:23.519
<v Speaker 2>On this et f uh and and uh how how

689
00:41:23.679 --> 00:41:25.639
<v Speaker 2>and then tell them. What, YOU'RE trying to do well

690
00:41:25.639 --> 00:41:27.599
<v Speaker 2>i want them to, come TO me in cash so

691
00:41:27.679 --> 00:41:29.679
<v Speaker 2>i could put them IN the money market till, i

692
00:41:29.719 --> 00:41:31.800
<v Speaker 2>DECIDE what to do or i, want them to be

693
00:41:31.840 --> 00:41:34.760
<v Speaker 2>reinvested and they'll tell you. How, To Make that happen.

694
00:41:35.920 --> 00:41:40.000
<v Speaker 5>Okay and i'm so happy. TO, hear, your previous Caller,

695
00:41:40.000 --> 00:41:45.760
<v Speaker 5>I uh the professor dollar i've got a uh grandson just.

696
00:41:45.800 --> 00:41:50.599
<v Speaker 5>Got his driver classes. Praise, goda looked.

697
00:41:50.440 --> 00:41:54.880
<v Speaker 2>TO him yeah It's. Really i love the kisslers they

698
00:41:55.199 --> 00:42:00.239
<v Speaker 2>they built this, as actually on biblical principles and then

699
00:42:00.559 --> 00:42:03.360
<v Speaker 2>THEY'RE both they both Retired I think from the air

700
00:42:03.400 --> 00:42:07.360
<v Speaker 2>FORCE and her with an. Nba and business and stuff

701
00:42:07.519 --> 00:42:10.000
<v Speaker 2>but they. Wanted to help young, people but, then they

702
00:42:10.079 --> 00:42:12.280
<v Speaker 2>realized you know a lot of people who need This

703
00:42:12.480 --> 00:42:15.840
<v Speaker 2>wouldn't understand all these. Bible verses ahead in it so

704
00:42:15.880 --> 00:42:19.880
<v Speaker 2>they paired that back a little bit, and so, that

705
00:42:20.519 --> 00:42:26.039
<v Speaker 2>it's more it's more, it's accepted by more people but it's. All,

706
00:42:26.079 --> 00:42:29.679
<v Speaker 2>BASED on biblical principles well, I, really appreciate your call

707
00:42:29.840 --> 00:42:34.159
<v Speaker 2>keith thanks. For joining, us this, morning thank you thank

708
00:42:34.199 --> 00:42:37.039
<v Speaker 2>you and thank you for helping out the young ones

709
00:42:37.320 --> 00:42:40.800
<v Speaker 2>and mentoring them in. The ways, of biblical finance all

710
00:42:40.880 --> 00:42:45.800
<v Speaker 2>Righty let's let's Go. To, justin here in texas justin what's?

711
00:42:45.840 --> 00:42:45.960
<v Speaker 4>On?

712
00:42:46.000 --> 00:42:47.119
<v Speaker 2>Your? Mind this morning?

713
00:42:48.199 --> 00:42:49.800
<v Speaker 7>Hey mark. How you doing good.

714
00:42:49.599 --> 00:42:52.199
<v Speaker 2>Morning i'm well. Good, to, HEAR from you.

715
00:42:53.199 --> 00:42:57.360
<v Speaker 7>Yeah yeah i thought i'd call in and maybe let's

716
00:42:57.360 --> 00:43:02.159
<v Speaker 7>talk about. The outlephant in the. Room and THAT'S the markets,

717
00:43:02.559 --> 00:43:06.079
<v Speaker 7>SO what i did, yesterday i don't you know a

718
00:43:06.159 --> 00:43:09.320
<v Speaker 7>LOT of, people Think that i panicked but i've been thinking.

719
00:43:09.360 --> 00:43:12.199
<v Speaker 7>ABOUT this for a while i, started having, some eye

720
00:43:12.280 --> 00:43:15.519
<v Speaker 7>opening you know just kind of looking At what's going

721
00:43:15.519 --> 00:43:18.760
<v Speaker 7>On in japan and the korean markets and the over.

722
00:43:18.800 --> 00:43:23.079
<v Speaker 7>Evaluation OF the tech sectors and i ended up selling

723
00:43:23.199 --> 00:43:26.440
<v Speaker 7>all my tech, stocks that, were way overvalued you know

724
00:43:26.639 --> 00:43:30.159
<v Speaker 7>if the pe, WAS well over you know i had a,

725
00:43:30.159 --> 00:43:31.280
<v Speaker 7>LOT in, THE you know i.

726
00:43:31.400 --> 00:43:35.079
<v Speaker 2>Thought i thought YOU did THAT justin Because I thought

727
00:43:35.079 --> 00:43:40.159
<v Speaker 2>i saw uncle sam smiling yesterday knowing knowing the taxes

728
00:43:40.199 --> 00:43:42.239
<v Speaker 2>he's going to. Get, on those capital gains.

729
00:43:42.960 --> 00:43:46.199
<v Speaker 7>Yeah, So that's the downside well i've got, a lot of,

730
00:43:46.239 --> 00:43:48.480
<v Speaker 7>Cash now but you know. I've GOT a tax bill,

731
00:43:48.559 --> 00:43:51.760
<v Speaker 7>BUT i you know what i slept good last night,

732
00:43:51.960 --> 00:43:56.360
<v Speaker 7>and AND so you know and i was talking to my,

733
00:43:56.519 --> 00:43:58.800
<v Speaker 7>uncle and he's AN investor and, he thought i was,

734
00:43:58.880 --> 00:44:01.360
<v Speaker 7>CRAZY but you know WHAT i slept, good and i

735
00:44:01.400 --> 00:44:03.440
<v Speaker 7>feel good and my wife. Was in agreement, with it,

736
00:44:03.559 --> 00:44:06.039
<v Speaker 7>SO that' mean you know i may, have Made a

737
00:44:06.159 --> 00:44:10.519
<v Speaker 7>wrong decision but i've. Been investing more, In bonds but

738
00:44:10.920 --> 00:44:13.280
<v Speaker 7>you know i'm, just kind Of You, know you follow

739
00:44:13.320 --> 00:44:16.519
<v Speaker 7>warren buffett and they've got three hundred and, sixty five

740
00:44:16.559 --> 00:44:19.880
<v Speaker 7>billion in cash but they've only invested. Twenty Billion in the,

741
00:44:19.880 --> 00:44:22.760
<v Speaker 7>market and, i'm, thinkab why and it's well it's. Because

742
00:44:22.800 --> 00:44:27.719
<v Speaker 7>a lot everything's overvalued so after, SEEING everything happen this week,

743
00:44:27.840 --> 00:44:30.679
<v Speaker 7>i PULLED back a lot and i kept a, lot

744
00:44:30.679 --> 00:44:33.440
<v Speaker 7>OF the mining stocks and i kept a, lot of,

745
00:44:33.559 --> 00:44:36.280
<v Speaker 7>gold and silver and hey everything's doing. Actually great In

746
00:44:36.280 --> 00:44:39.760
<v Speaker 7>those sectors and so i'm just going to go into

747
00:44:39.599 --> 00:44:42.280
<v Speaker 7>the bonds right now and just kind of write it

748
00:44:42.320 --> 00:44:44.760
<v Speaker 7>out and kind of. Look FOR some good deals but

749
00:44:45.480 --> 00:44:47.280
<v Speaker 7>i just want to chat with you ABOUT it and

750
00:44:47.960 --> 00:44:49.280
<v Speaker 7>see what i don't.

751
00:44:49.320 --> 00:44:52.320
<v Speaker 2>Have, a problem, with that actually, you know my my,

752
00:44:52.480 --> 00:44:57.960
<v Speaker 2>philosophy my theology on finance, on investing as a steward

753
00:44:58.199 --> 00:45:01.519
<v Speaker 2>is the sleep, factor is so so important not just

754
00:45:01.599 --> 00:45:05.440
<v Speaker 2>because of anxiety or ruining your, life with worrying About

755
00:45:05.440 --> 00:45:10.719
<v Speaker 2>stuff but because sometimes god gives individuals a reason to

756
00:45:10.800 --> 00:45:13.519
<v Speaker 2>be concerned their life is changing in a way. They

757
00:45:13.519 --> 00:45:16.400
<v Speaker 2>don't even, know, ABOUT god is saying hey i need

758
00:45:16.440 --> 00:45:19.360
<v Speaker 2>you in this position for our next step on. This

759
00:45:19.559 --> 00:45:24.239
<v Speaker 2>path of great works so individually our path can diverge

760
00:45:24.280 --> 00:45:27.639
<v Speaker 2>from The path of others because he created you uniquely

761
00:45:28.039 --> 00:45:32.360
<v Speaker 2>for Exactly the great works, that he created for you

762
00:45:32.920 --> 00:45:35.519
<v Speaker 2>and they're not always the. Same as for somebody else.

763
00:45:35.599 --> 00:45:38.159
<v Speaker 2>So that's the main reason and the sleep Factor is

764
00:45:38.199 --> 00:45:41.159
<v Speaker 2>so strong because god. MAY be calling you that i

765
00:45:41.199 --> 00:45:44.920
<v Speaker 2>don't have any problems with people cashing in and locking

766
00:45:44.960 --> 00:45:47.480
<v Speaker 2>in all those gains they've had for the last year

767
00:45:47.559 --> 00:45:50.519
<v Speaker 2>or two or three. Year or, five or so you know. That's,

768
00:45:50.599 --> 00:45:53.559
<v Speaker 2>NOT a bad thing now i wouldn't. Get, into a

769
00:45:53.679 --> 00:45:56.960
<v Speaker 2>panic mode yeah we've had this month has been. Really

770
00:45:57.079 --> 00:46:01.159
<v Speaker 2>rough in the markets we've had the markets Dribbling, down,

771
00:46:01.320 --> 00:46:06.119
<v Speaker 2>for most of august really and that, should give, us

772
00:46:05.280 --> 00:46:10.480
<v Speaker 2>some concern. Not fear but some, concern and with that

773
00:46:10.519 --> 00:46:14.360
<v Speaker 2>concern we should, be looking at our portfolios. Maybe locking

774
00:46:14.440 --> 00:46:17.239
<v Speaker 2>in some gains maybe, it's time to start looking and

775
00:46:17.320 --> 00:46:21.039
<v Speaker 2>also at some tax loss harvesting as. Well to OFFSET

776
00:46:21.079 --> 00:46:24.119
<v Speaker 2>those gains so justin i think you're. DOING what's right

777
00:46:24.199 --> 00:46:26.239
<v Speaker 2>for you I. KNOW you love the lord i know,

778
00:46:26.320 --> 00:46:29.679
<v Speaker 2>you INVEST with biblical integrity and i know you're intelligent

779
00:46:29.760 --> 00:46:32.679
<v Speaker 2>and you put all those things together And you pay attention.

780
00:46:32.800 --> 00:46:34.960
<v Speaker 2>To god talking to, YOU with the sleep factor i

781
00:46:34.960 --> 00:46:37.960
<v Speaker 2>think it's. A great idea FOR others i, don't Think

782
00:46:38.000 --> 00:46:40.920
<v Speaker 2>i would panic but i'd start saying there's nothing wrong

783
00:46:40.960 --> 00:46:44.639
<v Speaker 2>with raising. A little cash right now usually the end

784
00:46:44.639 --> 00:46:48.039
<v Speaker 2>of the third quarter beginning of the fourth quarter is

785
00:46:48.079 --> 00:46:50.920
<v Speaker 2>when the some of the worst times. Of the markets

786
00:46:50.920 --> 00:46:54.840
<v Speaker 2>have Happened so but we trust god. And That's what

787
00:46:54.880 --> 00:46:58.920
<v Speaker 2>we do we're stuart's and we're. Gonna invest with biblical

788
00:46:58.920 --> 00:47:01.599
<v Speaker 2>integrity god bless you will see y'all in about. Thirty

789
00:47:01.679 --> 00:47:03.079
<v Speaker 2>seconds here in overtime

790
00:47:04.000 --> 00:47:07.119
<v Speaker 1>We ever forget That, we're one nation under god then

791
00:47:07.159 --> 00:47:07.440
<v Speaker 1>we will