Ask Chuck: Time for a Home Upgrade?
Dear Chuck, The real estate market in our area is booming! We are thinking of buying an upgraded home with these low rates but are worried we may not be able to find what we really want or need. Can you give us some tips? Homebuying Fever Dear Homebuying Fever, We are in the […]
Ask Chuck: Children Are A Blessing… And An Investment
Dear Chuck, My daughter and son-in-law have decided they will not have children due to overpopulation and the cost. I don’t understand how they could make such a decision. Can you give me some good stats to share with them? Hoping for Grandchildren Dear Hoping for Grandchildren, Since I have five grandchildren already, I know […]
Ask Chuck: Understanding Inflation/Deflation
Dear Chuck, I’m new to investing and don’t really understand the ramifications of inflation and deflation. I would like to position myself to minimize loss regardless of what happens. Any tips? Novice Investor Dear Novice Investor, I am not a professional investment advisor but can give you some Biblical financial principles that will help you […]
Ask Chuck: Considering Retirement
Dear Chuck, My wife is urging me to retire. I am not ready yet and do not know if I ever will be. I enjoy working. However, what do you think are the best financial moves to be ready? Prepping for Retirement Dear Prepping for Retirement, This year has caused many people to consider […]
The Presidential Election and the Worst-Case Scenario for Investors
I grew up with a generalized investing philosophy espoused by my grandfather: invest during a Democratic administration (market down), sell during a Republican administration (market up). Since I am going to write about what I think is the worst-case scenario for investors post-November 3, 2020 when the nation selects its next President, I decided to […]
Protect Yourself from Wolves in Sheep’s Clothing: Scammers
Did you see the recent headline of three men posing as pastors to scam about 1,200 unsuspecting, gullible Christians out of more than $20,000,000 in three states with an investment scheme called “1st Million”? How about the California pastor who swindled his very own congregants out of a million dollars in a Ponzi scheme? Or […]
Ask Chuck: Updating Our Will
Dear Chuck, We recently had a family member hospitalized with COVID-19. It has made us acutely aware of the need for a will. Do you have any advice? Getting Our House in Order Dear Getting Our House in Order, This is a good idea whether we have the threat of COVID-19 or not. I […]
Ask Chuck: Universal Basic Income Explained
Dear Chuck, Can you explain the concept of Universal Basic Income? It seems more like a Robin Hood plan than good economics. Concerned Taxpayer Dear Concerned Taxpayer, Universal Basic Income (UBI), known by many other names, is defined by its most ardent supporters like this: “It is a regular income paid to everyone without […]
Ask Chuck: Struggling Newlyweds
Dear Chuck, My wife and I are newlyweds and struggling to spend less than we earn. Our parents agreed to help us until our first anniversary which is in February. To prepare for that date, we need help now. Spending Stress Dear Spending Stress, This has been a challenging time for many couples especially […]
UBI – The Promise and Peril of Universal Basic Income
What is Universal Basic Income (UBI), you might ask? Although known by many other names – citizen’s income, citizen’s basic income, basic income guarantee, guaranteed annual income, or universal demogrant –this is how its most ardent supporters would answer that question: “It is a regular income paid to everyone without any conditions. Everyone would automatically […]