Category Archives for "Investing"

Ask Chuck: Are We Headed For An Economic Collapse?

Dear Chuck,   Is America heading towards an economic collapse? If so, how do I prepare?  Worried Boomer    Dear Worried Boomer, My view is we are headed towards another economic crisis with a low risk of an actual economic and/or currency collapse. In either scenario, there are ways to be prepared. Economic Crisis vs. Collapse  […]

Ask Chuck: Are My Investments Safe Under a Biden Presidency?

Dear Chuck, How do you think a Biden presidency would impact my retirement nest egg? It is hard to know which way this election will go! I can’t afford to lose my savings.  Fearful Retiree Dear Fearful Retiree, Thanks for the question. As of this writing on November 4th, the day after the presidential election, […]

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 […]

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: What to Know Before Investing

Dear Chuck, I’m trying to teach my children/grandchildren some basic financial principles. Any tips I could pass on in regards to investing? Motivated Grandmother    Dear Motivated Grandmother,  What a blessing for your family that you want to help them get better with their finances. It will not only help them for the here and […]

How To Reduce Financial Stress

With many things causing stress in today’s world, here is a short list of financial practices that will reduce your stress, make managing your money simpler, and generally improve your quality of life. 1. Spend less than you earn. It sounds easy, but this is too often our greatest financial challenge. The vast majority of people that […]

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