Crazy Money! The Gift of an Uncle’s Saving Account
It’s Crazy Money Day! Danielle Cappolla never understood why her uncle didn’t give her gifts at holidays. He would tell her that he deposited her present in a savings account. He tried to explain, but she couldn’t grasp the concept. She simply couldn’t understand what an invisible really gift was. Over the years, their conversations […]
Where’s Your Treasure?
Where’s your treasure? My Dad is 89 years old and he plays cards every Friday. Last year he told me about a man who is at the card game every week that buys his wife 1 share of stock for her birthday present. Just 1 share of Berkshire Hathaway stock is all she asks for. […]
Prepare for the Days to Come
Are you prepared for the days ahead? Proverbs 28:19-20 says: “Whoever works his land will have plenty of bread, but he who follows worthless pursuits will have plenty of poverty. A faithful man will abound with blessings, but whoever hastens to be rich will not go unpunished.” The squirrels have been preparing for winter on my […]
Don’t Fear Economic Cycles
Does a recession strike fear in your heart? If you consistently spend less than you earn you need not fear economic cycles. How is that possible? Well, you either have to earn more money or cut some expenses. Like the Apostle Paul, you can learn to be content in any circumstance, even while sacrificing your […]
Four Reasons Not To Invest
Why do you invest? I believe you should not invest if you have the wrong heart attitude. Consider the metaverse. People are scrambling to buy land. Hundreds of millions of dollars were spent on digital real estate last year. Yet, billionaire investor Mark Cuban, who’s a crypto enthusiast, says that buying virtual real estate is […]
Crazy Money! Beware Bitcoin
It’s Crazy Money Day! Warren Buffett and Charlie Munger openly denigrated cryptocurrencies at this year’s annual Berkshire Hathaway shareholder meeting. Buffett said he wouldn’t pay $25 for all the bitcoin in the world. Munger added, “In my life, I try and avoid things that are stupid, evil and make me look bad in comparison to […]
Savings Day – Where to Bank
Are you wondering where to open a savings account? Savings accounts are still a safe place to deposit savings as long as they’re guaranteed by the FDIC – that’s the Federal Deposit Insurance Corporation or the NCUA – the National Credit Union Administration. They cover $250,000 per depositor, per institution. In addition to online options, […]
Crazy Money! –Superyacht Sales Soar
It’s Crazy Money Day! Trillions of dollars were made during the pandemic. The U.S. now has over 2,700 billionaires, 500 more than before Covid. Many earned their wealth in the stock market and cryptocurrency. Boat International reports that more than a thousand superyachts are in construction or on order. They’re longer than 80 feet and […]
IRA Info
Do you have an Individual Retirement Account? A listener recently asked if an IRA is considered a savings plan or an investment. My answer depends on what you do with the money. You can put IRA funds to work in the stock market through mutual funds and other investments, or in CDs and savings accounts. […]
Crazy Money – Not Another Ponzi Scheme!!
It’s Crazy Money Day! Have you heard about the Ponzi scheme that swept through Bethel Church in Redding, California? An attendee of the church set up investment companies with his business partner and swindled investors out of $35 million dollars. Thirty-five million! Tight-knit communities, like churches, present prime opportunities for schemers. They know that church […]
