May 2, 2025 • 43 mins
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Episode Transcript
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Speaker 1 (00:01):
Where're just trying to turn a neck in whate That's
the bottom line.
Speaker 2 (00:13):
Welcome to real honest talk about money, politics, news and
information you can actually use.
Speaker 3 (00:21):
Buckle up and hold on tight.
Speaker 4 (00:23):
This is.
Speaker 5 (00:23):
That's the bottom line.
Speaker 6 (00:29):
The best thing the life up, bree.
Speaker 5 (00:32):
But you can give them to the bath and be the.
Speaker 7 (00:47):
Good morning everybody.
Speaker 8 (00:49):
This is.
Speaker 7 (00:50):
That's the bottom line. Your weekly radio broadcast that tells
it like it is on news talk radio A M
five sixty KL the I. We also loome those of
you tuning in on the iHeartRadio podcast or through our
website at savemiretirement dot com. You can call us toll
free at eight sixty six Save My Retirement, or locally
(01:12):
at four zero nine eight four zero sixty nine hundred.
I'm Jeff Lewis an investment advisor representative at Asset Growth Associates.
We have offices located in Dallas in right here in Beaumont, Texas.
We've been servicing our clients in Texas and Louisiana for
several decades now with investment, pension and retirement planning services.
(01:35):
We also help our clients with personal and corporate income
tax preparation, including representing those who may be having difficulty
with the irs. We also assist retirees with their medical
insurance options as they transitioned onto Medicare. Later in the
show today, we'll have Gene Valerani back with this week's
thirty Little Secret, and also he'll talk to us on
(01:57):
our Solutions segment about ways you can get a tap
the market potential returns without all the market risk. But first,
our top line story this week centers on the President.
This Tuesday marked a one hundredth day of President Trump's
second term in office, So this week we'll take a
look back and review the last few months, both the
(02:17):
highs and lows, to help us put in perspective where
we are in this historic presidency. I'll also provide a
progress support of sorts and try to put a grade
on how well I think the President has done in
regard to the jenda he set. Here's what Trump promised
would happen speaking back on January twentieth during his second
inaugural address.
Speaker 9 (02:37):
Golden Age of America begins right now. Our recent election
is a mandate to completely and totally reverse a horrible betrayal.
From this moment on, America's decline is over those who
wish to stop our cause have tried to take my freedom,
(02:59):
and indeed to take my life. But I felt then
and believe even more so now that my life was
saved for a reason. I was saved by God to
make America great again. Today I will sign a series
of historic executive orders. With these actions, we will begin
(03:20):
the complete restoration of America and the revolution of common sense.
It's all about common sense.
Speaker 7 (03:28):
President Trump promised a new golden age of American prosperity
and has focused his agenda on these priorities. Securing the border,
reducing both inflation and government spending, renegotiating trade through teriffs,
increasing domestic energy production, and negotiating an end to the
Russia Ukraine War. He didn't waste any time in reversing
(03:51):
course from the previous administration, even signing several executive orders
in front of a cheering crowd before ever heading back
to the White House from the inauguration.
Speaker 8 (04:00):
First item that President Trump is signing is the recision
of seventy eight Biden era executive actions, executive orders, presidential memoranda,
and others.
Speaker 5 (04:16):
Thank you, sir.
Speaker 7 (04:19):
Trump signed a record one hundred and forty two executive
orders in his first one hundred days, shattering the record
set by FDR in nineteen thirty three during the Great Depression.
At the very least, no one can say Trump hasn't
been busy, particularly in comparison to the lethargic tenure of
the former President Biden. So what has Trump been doing
(04:40):
to address each of these issues and how successful has
he been? Let's start with securing the border. Border crossings
under Trump are down, way down. About seven thousand people
got across the border illegally in the month of March.
By comparison, two hundred and fifty thousand people came across
in December of twenty three. In the first quarter of
(05:03):
last year, one hundred and eighty four thousand illegal border
crossers were permitted to stay in the United States. That
number under Trump nine nine thousand nine. Trump's border policy
is a smashing success. Here's what he had to say
about it.
Speaker 9 (05:21):
We've set all time records for the lowest number of
illegal border crossings ever recorded.
Speaker 6 (05:26):
To think of that, ever recorded.
Speaker 9 (05:28):
The number of illegal border crossers released into the United
States is down. Listen to this, please, ninety nine point
nine nine nine percent.
Speaker 6 (05:44):
Think of that.
Speaker 9 (05:45):
Ninety nine point nine nine nine.
Speaker 6 (05:52):
Three people got in.
Speaker 9 (05:55):
Three and I got angry as hell at Tom hom
And how did you allow three?
Speaker 7 (06:01):
Yeah, Tom, You're fired. I give the president a plus
on his partner support when it comes to immigration. In
this area, we've seen a complete course reversal from the
previous administration, and Trump is well above fifty percent in
this area. It's much more of a mixed bag on
the economy. The global trade environment has investors getting yippie.
(06:23):
And as for his score related to the terris as
well as the overall market, I give the president an incomplete.
It's simply too early to say if his gambit on
fixing the trade imbalance will work.
Speaker 2 (06:33):
Well.
Speaker 7 (06:34):
Know more once we see the end result of some
of these new trade deals that are being discussed. But
at this point it's impossible to give the policy a
fair assessment. There is some cause for concern in the
short term, as evidenced by our first quarter GDP numbers.
Speaker 4 (06:48):
Usually we begin with something that happened, but not tonight.
Tonight we begin with something that didn't happen.
Speaker 3 (06:55):
The economy didn't grow, not in the first quarter of
this year.
Speaker 7 (07:00):
Recall, the definition of a recession is when GDP has
two consecutive quarters of negative growth. That's an oxymoron, so
I'll prefer the term contraction. This makes one so all
eyes will be in our second quarter numbers. If the
economy contracts in Q two, the media will definitely pin
(07:20):
it directly on Trump and the tariffs. In fairness, a
lot of the Q one data we just received is
tied to the remnants of the end of the Biden presidency.
But there's some fresher data in there too. But if
you dig deeper into these numbers, there's actually a lot
to be positive about. As Peter Navarro explains here on CNBC,
(07:40):
GDP was only down because of an abnormal surge in
imports companies trying to bring foreign made products stateside to
get ahead of the tariff deadline of April. Second in
imports lower GDP. According to the formula Listen, the.
Speaker 10 (07:56):
Way GDP is calculated is consumption plus investment plus government
spending plus net exports. Okay, so right off the bat,
when you have this import surge that we've had to
try to get in ahead of the tariffs, that's that's
dragging down our GDP growth by somebody like five percent.
(08:21):
I mean, it's just like extraordinary. But that's not going
to be the case next quarter.
Speaker 7 (08:26):
So what he's saying is, now that the terriffs are
in place, net exports will actually increase in the second
quarter keep going.
Speaker 10 (08:33):
So that leaves you with the two big drivers. Consumption
which is the biggest of the two.
Speaker 6 (08:40):
And an investment.
Speaker 10 (08:41):
And look the Trump program with the deregulation, with the
tax cuts that's coming whihich will be retroactive to January,
which was going to allow which will allow complete expensing.
It surged, It surged like what is it, twenty two percent?
Speaker 2 (09:00):
Two percent?
Speaker 6 (09:01):
And then consumption.
Speaker 10 (09:03):
Despite the soft data with the confidence being down, the
consumption has been roebucks. So we had a twenty two
percent increase in domestic investment that is.
Speaker 2 (09:14):
Off the charts.
Speaker 10 (09:15):
When you strip out inventories and the negative effects of
the surge and imports because of the tariffs, you have
three percent growth.
Speaker 6 (09:24):
So we really like where we're at.
Speaker 7 (09:28):
Stay tuned. Will continue our special report on Trump's first
one hundred days when we come back.
Speaker 1 (09:32):
We're just trying to turn a nickel into a dime.
That's the bottom line.
Speaker 2 (09:40):
The power to tax is the power to disproy. It
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(11:12):
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Speaker 3 (12:03):
If you owe the i R S five thousand dollars
or more, don't call an unknown eight hundred number. Instead
personally meet with us to review your IRS problem. And
if you want to pay the i R S nothing
or less than you owe, we can set up a
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(12:26):
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nine seven.
Speaker 6 (12:34):
We're just trying to turn a nipple into a dime.
Speaker 11 (12:37):
That's the bottom line.
Speaker 6 (12:44):
We will move now from them.
Speaker 5 (12:49):
We will move people can't even look free.
Speaker 7 (12:59):
Them, and we're back with that's the bottom line here
on news Talk Radio AM five sixty KLBI and on iHeartRadio.
Hey everybody, I'm Jeff Lewis. I've got a question for you.
(13:22):
Do you know what your risk number is? I bet
you don't, So go to what is my Risk Number
dot com and find out it's totally free, and here
you can get a state of the art brisk assessment
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(13:42):
if you want to speak to real, live persons about
any of your investment, tax or Medicare questions, go ahead
and call us here at Asset Growth Associates toll free
at eight sixty six Save my Retirement or if you're
local here in Southeast Texas at four oh nine eight
four zero sixty nine. We're continuing our look back on
(14:02):
President Trump's first one hundred days of his second term,
and before the break, we were talking about the administration's
economic performance so far. Now, before we move on from that,
I want to address a couple more economic issues where
President Trump made promises during a campaign. The biggest of
these was about inflation. Inflation was probably the biggest little
(14:23):
factor that cost Joe Biden his presidency. I mean other
than his failure to keep the board secure, a bumbling
withdrawal from Afghanistan, letting a war start in Europe, letting
a war start in Gaza, ossage is being taken in Gaza,
letting men dress out in women's locker rooms, his inability
to work past two pm without drooling on the resolute desk.
Speaker 8 (14:45):
Okay.
Speaker 7 (14:45):
So, there was a lot of things that costs by
his presidency, but inflation was a big one. Fortunately, Trump
has succeeded in bringing down the inflation rate, which had
reached as high as nine point one percent back in
twenty two under Biden. Check out the new numbers.
Speaker 12 (15:03):
Inflation is easy again across the US for a second
month in a row in March. It's now down from
two point eight percent in February to two point four
in March, closer to the fedce target year over year
rate of two percent. This is the lowest inflation has
been in six months, and for the first time in
five years, the consumer price index fell, meaning lower prices
(15:26):
for you at home. The biggest factor in the drop.
Energy costs fell two point four percent, but still cause
at the grocery store they did go up, including egg prices.
That hid a new high despite wholesale prices having gone down.
Agriculture Secretary Brooke Rollins says the relief of the store
will be coming soon.
Speaker 7 (15:46):
So per this report, the good news is that inflation
is coming down faster than economists anticipated. That's because domestic
energy production is up a stunning fifteen percent in the
first quarter this year, which gives President Trump another a
plus in one of its stated objectives. Like you predicted,
(16:07):
that's driving energy costs down, which serves as a leading
indicator for a lot of other products. For example, food
prices depend on energy costs, so your grocery store bill
lags behind changes in the price of gasoline. Since wholesale
prices are already starting to come down at the distribution level,
(16:27):
it shouldn't be long before we see hit this hit
the supermarkets. Okay, so let's review. Nominal GDP is down
by zero point three percent. We get nominal GDP by
adding up consumption, which is basically what real people spend
every day, plus investment, which is both business expenditures and
(16:50):
people buying a home, plus government spending, which is exactly
what it sounds like, only we borrow the money to
do it. Plusx sports, which is your exports minus your imports.
Just in our case, because we have over a nine
hundred billion dollar trade deficit, we subtract that number out. Then,
(17:11):
if you want to compare GDP to previous years, you
adjust for inflation, and because inflation is down, real GDP
will compare more favorably to the Biden years. It's actually
not that complicated. So here's the deal. Consumption was actually
up one point eight percent, which is season investment in
the United States is up by whopping twenty two percent.
(17:34):
Government spending was down five point one percent, which is
great in the sense that we're borrowing less money, but
it only took a third of a percentage point away
from GDP, which ironically accounts for the entire decline in GDP.
But because companies front ran the tariff deadline, import spiked
by forty one percent, which resulted in the contraction of
(17:56):
GDP instead of what should have been about two percent growth.
So the hard data tells us that the economy is fine,
and as long as new trade deals continue to be signed,
not only will investment continue to increase, but our net
export will also increase because our trade deficit will decrease,
So why is the market freaking out? Here's Charles Pain
(18:19):
in a Fox Business talking to great Great gut Field
to explain.
Speaker 13 (18:22):
Why the economy is great. Yeah, here's the most amazing thing.
This is the most There's never been a fear campaign
to this degree ever. Ever, the stats blowed me away.
There have been more negative stories about Trump and COVID.
Speaker 6 (18:35):
Yeah, I'm serious, I love you.
Speaker 13 (18:38):
It's everything. The media is scared the hell out of people.
Just a couple of hours ago, Visa reported their earnings
and said consumers are doing great. They're not the only
company that said that on Wall Street. There's a thing
called soft data and hard data. The soft data is
all the surveys when you're scared the hell out of people,
and it's so funny, like.
Speaker 6 (18:54):
You know, term's gonna destroy you.
Speaker 13 (18:56):
What are you worried about right now?
Speaker 5 (18:57):
Terms?
Speaker 6 (18:58):
Oh well yeah, I.
Speaker 13 (19:00):
Mean then they they like, oh, look at the public now.
It is really absolutely amazing.
Speaker 5 (19:04):
Ah ha.
Speaker 7 (19:06):
So the globalist media doesn't like the tariffs, so they're
using the fear and uncertainty surrounding them that's scared the
hell out of you, and creating soft data so that
you'll ignore the hard data that tells us that the
economy is actually okay, because if you scare enough people,
you actually can reduce consumer confidence enough to affect consumption,
(19:27):
and then you've got to self fulfilling prophecy. And it's
easy to scare people right now because the situation we're
in doesn't really have a historical comparison. The elitists in
Washington say Trump can't pull this off, and probably don't
want him to, but the administration is well on its
way to doing just that. Here's US Trade Representative Jamison
(19:47):
Greer speaking at Wednesday's cabinet meeting.
Speaker 8 (19:50):
So this is something a reordering of global tradement hasn't
happened since the end of World War Two, and it's
long overdue because we've seen manufacturing offshore under the old
global trade system. When the net result of the global
trading system that all the manufacturer goes to Asia and
other places, that's a system you have to replace. That's
what you're doing. They said you wouldn't be able to
do global tariffs.
Speaker 4 (20:10):
We did it.
Speaker 8 (20:11):
They said everyone would retaliate. No one retaliated outside of China.
They said no one would come to negotiate. We're talking
to dozens of countries. They said no one would have offers.
We have dozens of written offers. We have lots of
countries in this week.
Speaker 7 (20:23):
That's why I give Trump an incomplete on the economy,
because it's the next one hundred days that will determine
how successful his first one one hundred days are. And
that goes not just for the economy but also for
the rust of Ukraine war. The effort is being made,
but we simply don't know what the result will be.
That's why for this progress report, I give Trump free
(20:44):
a's and two incompletes for the economy and the Ukraine.
Up next, it's Gene Valerani with the seat's thirty little seat.
I'm Jeff Lewis will be right back.
Speaker 6 (20:52):
We're just trying to turn Ankeel into a die. That's
the bottom line.
Speaker 2 (20:58):
Did you know if your portfolio drops thirty percent in
a market downturn, earning back thirty percent doesn't get you
back to even That's right, It actually takes a forty
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(21:22):
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(21:46):
That's four oh nine eight four oh sixty nine one hundred,
or visit us online at Save by Retirement dot com
and don't forget to listen to our weekly show on
news Talk five sixty k LVII. That's the bottom line.
Speaker 4 (22:05):
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a risk number can do for them. Visit what is
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is what is my risk number? Dot Com? Again, what
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Speaker 2 (22:44):
Dot com?
Speaker 1 (22:45):
We're just trying to turn a nickel into a dime.
That's the bottom line.
Speaker 2 (22:51):
And now, ladies and gentlemen, here's today's dirty little secret.
This is Gene Mellerani. Well, the first hundred days of
the second Trump administration and the anti American pro Democrat
socialism news media has its plan, which is to continue
(23:15):
to be the propaganda arm of the Democrat Party. It's
a stealth plan, I believe, to destroy the Trump administration,
which lies and fills. They want to lie about him
with false propaganda. That's really what they're doing. They want
(23:36):
to destroy Trump before he gets past one hundred days.
The media's planned is to help Democrats to print and
broadcast news stories about President Trump losing public support. In politics,
it's called the bandwagon effect, which simply seeks to you
(24:00):
and your family's over into believing, into believing everybody hates Trump.
Or listen to me, nothing could be further from the truth.
The president has had a successful first one hundred days,
but to listen or read about it, one would think
(24:21):
it's been a colossal failure. The only failure has been
the absolute looney show the Democrats have been carrying on.
It's really, at least in my opinion, a conspiracy between
hard left Democrats and socialists being aided and evented by
(24:42):
the news media. Their plan is obviously to falsely portray
Trump's first hundred days as a massive failure, with the
lunatic fringe already crying out to impeach him. In the
same news media which hid the fact that former President
(25:04):
Biden was suffering from dementia and was no more than
a figurehead president who didn't have a clue what was occurring. Well,
the desire of communism and socialism, they'll cover for that,
but they want to destroy your freedom, ladies and gentlemen,
(25:26):
American freedom and opportunity, and place you and your family
within a socialist, communist collective where government rules you and
your family. It's it's obvious to most Americans that President
Trump is on a mission to restore the United States
(25:47):
back to its pre eminent position in the world and
to retain its mission of providing liberty and justice for
all Americans. Well, the Democrats can't have any of that,
and neither can the anti American news media. You know that,
ladies and gentlemen, We're living in an American turning point
(26:11):
as to whether or not we retain our once dominant
position as the land of freedom and opportunity, or have
it crushed by and taken away from us from the
enemies within. Trust me, trust me, trust.
Speaker 14 (26:30):
Me when I tell you we don't have to look
far to recognize the enemies within who would gladly applaud socialism, communism,
or any other far leftism. The enemies of freedom would
like to conjure up to take away your futures. President
(26:52):
Trump has provided us with his plan for the first
one hundred days, the first fruits of his efforts to
make America great again by restoring his place of eminence
in the world. I guess one way to look at
it would be to witness a new chapter and the
(27:14):
struggle for liberty and justice for all. But stop and
think how much American blood has been spilled in the
battle against deputism over the centuries, which has brought us
to this place. We now find ourselves as a nation,
one nation under God, with liberty and justice for all
(27:39):
is what we end our national pledge of Allegiance with
not just freedom for the few or the powerful, but
for all. Now many believe it was the hand of
Almighty God that spared President Trump from the assassin's bullet,
(28:00):
not once but twice, proving I would suggest somebody up
there must like him, for the mainstream media and its
desire to mislead the American people and falsely claim to
be the voice of freedom has betrayed all of us.
(28:20):
Jesus told us the truth, he said, the truth will
set you free. But find the truth within the cluster
of internal enemies, which would cast your freedoms and your
beliefs aside in an instant is really what we face
in our modern world. President Trump was re elected to
(28:44):
make America great again, and the truth is he's doing it,
and the left, which really hates America, really can't stand it. Yes,
ladies and gentlemen, President Trump was re elected to make
America great again. And the truth is he is absolutely
(29:09):
unequivocally doing it. And the left really hates America and
they hate Trump for trying to make America great again.
And that's really what's going on.
Speaker 2 (29:22):
And so the newspaper print that you're reading that Trump
is failing and that the public is turning against him
or is going down in the polls. I can tell you,
ladies and gentlemen, you have to take that with a
grain of salt. Because the news media and its desire
(29:43):
to do the wrong thing, well, that's what they're doing now,
and that's just the way it is. Ladies and gentlemen.
You have a news media, the most most of the
news media, not all of them, most of them. They
are working very hard to paint Donald Trump as some
(30:07):
kind of a villain and that it's just not the truth. Now,
the newspaper. We have freedom of the press in the
United States, and I've always thought how terrible it is
that the news media wastes that freedom and desires more
to do the work of the communists and the socialist
(30:30):
as opposed to doing the work of freedom and justice
for we the people. And that's just the way it is,
and I hate it for that. But you have to
know truth.
Speaker 6 (30:41):
We're just trying to turn a nickel into a dime.
Speaker 11 (30:45):
That's the bottom line.
Speaker 2 (30:48):
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Speaker 7 (32:07):
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Speaker 1 (33:00):
We're just trying to turn a nickel into a dime.
That's the bottom line.
Speaker 2 (33:05):
Welcome back, ladies and gentlemen you're listening to that's the
bottom line. You're weekly broadcast on KLVI that tells it
like it is. This is Gene Valerani reporting and outsigned
for our weekly Solution each week. When we offer a
solution during this segment, we talk about plans link to
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plans that gather and gains during a rising market, but
these plans don't lose value during a market decline. And
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once again we have Donald Trump back in the White House.
He's finished his first one hundred days and already foreign
business leaders from around the world are beating a path
to our door, we Americans, and from all appearances, the
(34:34):
stock market likes that very much and is soon going
to be going up, and we'll probably be going into
a boom before it's over with. What's unique about the
financial investment products that we offer you from Asset Growth
Associates is the principal protection accounts you hear me mention
(34:59):
off on this report. These accounts provide both fixed interest
returns as well as market link returns, but unlike typical investments,
they do not lose value when the market is in decline.
Our clients and principal protection plans do not lose value
(35:21):
during a market downturn because they just don't lose value.
It's contractually guaranteed that they don't lose So whenever the
rest of the market is having a downturn, these plans are.
They're ahead of everyone else because while most investors are
(35:42):
just trying to get back to even these accounts already
have been growing because they never lost anything to begin with.
So let's say you build a nice four to one
K account and you're nearing retirement and you want to
retain what you've earned, you simply roll the account over
(36:03):
into a principal protection account that Asset Growth Associates. And
it's not only safe, it keeps growing and it never
is exposed to losses going forward. It keeps growing, just
keeps growing and growing, and soon you'll be making a
(36:25):
resolution not to allow your nest egg to shrink anymore.
Now this is important, ladies and gentlemen. I want you
to write our phone number down four to nine eight
four oh sixty nine hundred. That's the number to Asset
(36:45):
Growth Associates. We help our clients design financial plans and
move their plans to accounts bet are linked to the
financial markets. Oh, we do the regular investing too. You
can buy stock and trade stock with us. But the
accounts that we talk about mostly are these principal protection
(37:08):
accounts because unlike traditional investments, they don't lose value during
market declines. It might be worth looking into plans that
earn market returns but retain the gains without ex exposing
them to declines. And I guess you know you already
know that that might have been it might have misspoke
(37:32):
saying explosing them. But you know what happens whenever the
market goes into a panic, Well, you don't have to
worry about downturns when you have one of these principal
protection plans that you hear me talk about. Like I said,
we offer traditional investments too, but we feel these principal
(37:52):
protection accounts provide security and stability and do so by
putting his safety under your investment portfolio, so you're never
subjected to losing value during a market decline. Okay, ladies
and gentlemen, but this means for you is that we're
(38:14):
going to soon have a return to normal in this country.
Many people are going to have an opportunity to move
investment capital in the principal protection where they can earn
market link returns without being exposed to market linked losses.
So why not call it soon that Asset Growth Associates
(38:37):
learn more about these unique plans. Money isn't everything, but
it sure comes in handy sometime. And to have a
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a downturn on Wall Street won't wipe it out, well
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(38:57):
better believe it would peace of mind because you're gonna
always have money and it's gonna always be growing and
you'll never have to face losses, disgrowth and income bunch.
You call me four O nine eight four oh sixty
nine hundred. Call any of us at Asset Growth Associates
(39:18):
once again four O nine eight four oh sixty nine
one hundred. Have you live in far away places? There's
a toll free line one eight sixty six seven two
eight three six nine seven. That's one eight sixty six.
Save my retirement. Get ladies and gentlemen. Call us at
four oh nine eight four oh sixty nine hundred or
(39:42):
log on to savemretirement dot com and learn more about
us that Asset Growth Associates. You keep the money you
earn without fear of loss. Four O nine eight four
oh sixty nine one hundred. Call now just trying.
Speaker 6 (40:00):
To turn a necke in?
Speaker 5 (40:01):
Who die?
Speaker 1 (40:03):
That's the bottom line. Where's just trying to turn a
necke in?
Speaker 5 (40:08):
Who die?
Speaker 11 (40:09):
That's the bottom line.
Speaker 7 (40:28):
Thank you for listening today to That's the bottom line
on news talk radio a M five sixty kl v I,
plus the those of you that tuned in via podcast,
through iHeartRadio or through our website at savemretirement dot com.
Remember you can listen to all of our broadcasts anytime,
any day, on demand online. Again, you can contact any
(40:51):
of us here at Asset Growth Associates locally at four
zero nine eight four zero sixty nine hundred or toll
free at eight sixty six Save My Retirement. Our physical
address in Beaumont is at thirteen ninety one Calder Avenue,
a block from the intersection of MLK and Calder. We're
glad to tuned in this week. Remember this Saturday is
(41:12):
election day for most cities in the state of Texas,
so make sure you do your part and get out
there and vote. If you live here in Palmont and
you want to catch our interviews with the candidates, that's
available on savemretirement dot com right next to many of
our featured services. Oh did I mention We've got a
ton of free services available to you Asset Growth Associates.
(41:33):
Plus check this out. You really want to go to
what is My Risk Number dot com and take our
free risk assessment. It's a great way to take charge
of your financial future. From portfolio management to principal protection,
from tax services to medicare. We're here to help if
you're turning sixty five or looking to come off your
(41:53):
group insurance when you retire. We've got answers for your
medicare questions. We know medicare is too complicated by half,
and there's enough pitfalls building to kill the Aniana Jones,
but call us and we'll keep you out of a
snake pit or the spider cave, or whatever trouble you
may find your stealth in. Hey, did you know tax
season's over? Well, maybe not for all of you. You
(42:16):
might have filed an extension or worse, has some real
trouble brewing with everyone's favorite agency to IRS. That's right, folks,
they haven't been abolished yet, and that means sooner or
later you're going to have to deal with them.
Speaker 2 (42:28):
Won't that be fun?
Speaker 7 (42:30):
Well, we may not make it fun, but we can
definitely make it easier on you. And you can even
schedule an appointment on our website. If you're thinking about retiring,
and if you're still working you know you're thinking about it,
we can make that process easier, maybe even downright or rewarding.
We can help create a plan where you're in control
of your hard earned money. We've got investment plans that
(42:52):
involve zero risk to your principle at asset Growth Associates.
We've got the experience and name you can trust. We
know how to handle your money safely, consistently, and always
with your best interests in mind. I'm Jeff Lewis for
Gene Valerandi and everyone here at Asset Growth Associates. Remember
you are greatly blessed and highly favored because, as always,
(43:15):
that's the bottom line.
Speaker 6 (43:22):
That's the bottom line.
Speaker 1 (43:25):
You can reach Asset Growth Associates by calling one eight
six six seven to eight thirty six ninety seven are
by visiting savemyretirement dot com.
Where're just trying to turn a neck in whate That's
the bottom line.
Speaker 2 (00:13):
Welcome to real honest talk about money, politics, news and
information you can actually use.
Speaker 3 (00:21):
Buckle up and hold on tight.
Speaker 4 (00:23):
This is.
Speaker 5 (00:23):
That's the bottom line.
Speaker 6 (00:29):
The best thing the life up, bree.
Speaker 5 (00:32):
But you can give them to the bath and be the.
Speaker 7 (00:47):
Good morning everybody.
Speaker 8 (00:49):
This is.
Speaker 7 (00:50):
That's the bottom line. Your weekly radio broadcast that tells
it like it is on news talk radio A M
five sixty KL the I. We also loome those of
you tuning in on the iHeartRadio podcast or through our
website at savemiretirement dot com. You can call us toll
free at eight sixty six Save My Retirement, or locally
(01:12):
at four zero nine eight four zero sixty nine hundred.
I'm Jeff Lewis an investment advisor representative at Asset Growth Associates.
We have offices located in Dallas in right here in Beaumont, Texas.
We've been servicing our clients in Texas and Louisiana for
several decades now with investment, pension and retirement planning services.
(01:35):
We also help our clients with personal and corporate income
tax preparation, including representing those who may be having difficulty
with the irs. We also assist retirees with their medical
insurance options as they transitioned onto Medicare. Later in the
show today, we'll have Gene Valerani back with this week's
thirty Little Secret, and also he'll talk to us on
(01:57):
our Solutions segment about ways you can get a tap
the market potential returns without all the market risk. But first,
our top line story this week centers on the President.
This Tuesday marked a one hundredth day of President Trump's
second term in office, So this week we'll take a
look back and review the last few months, both the
(02:17):
highs and lows, to help us put in perspective where
we are in this historic presidency. I'll also provide a
progress support of sorts and try to put a grade
on how well I think the President has done in
regard to the jenda he set. Here's what Trump promised
would happen speaking back on January twentieth during his second
inaugural address.
Speaker 9 (02:37):
Golden Age of America begins right now. Our recent election
is a mandate to completely and totally reverse a horrible betrayal.
From this moment on, America's decline is over those who
wish to stop our cause have tried to take my freedom,
(02:59):
and indeed to take my life. But I felt then
and believe even more so now that my life was
saved for a reason. I was saved by God to
make America great again. Today I will sign a series
of historic executive orders. With these actions, we will begin
(03:20):
the complete restoration of America and the revolution of common sense.
It's all about common sense.
Speaker 7 (03:28):
President Trump promised a new golden age of American prosperity
and has focused his agenda on these priorities. Securing the border,
reducing both inflation and government spending, renegotiating trade through teriffs,
increasing domestic energy production, and negotiating an end to the
Russia Ukraine War. He didn't waste any time in reversing
(03:51):
course from the previous administration, even signing several executive orders
in front of a cheering crowd before ever heading back
to the White House from the inauguration.
Speaker 8 (04:00):
First item that President Trump is signing is the recision
of seventy eight Biden era executive actions, executive orders, presidential memoranda,
and others.
Speaker 5 (04:16):
Thank you, sir.
Speaker 7 (04:19):
Trump signed a record one hundred and forty two executive
orders in his first one hundred days, shattering the record
set by FDR in nineteen thirty three during the Great Depression.
At the very least, no one can say Trump hasn't
been busy, particularly in comparison to the lethargic tenure of
the former President Biden. So what has Trump been doing
(04:40):
to address each of these issues and how successful has
he been? Let's start with securing the border. Border crossings
under Trump are down, way down. About seven thousand people
got across the border illegally in the month of March.
By comparison, two hundred and fifty thousand people came across
in December of twenty three. In the first quarter of
(05:03):
last year, one hundred and eighty four thousand illegal border
crossers were permitted to stay in the United States. That
number under Trump nine nine thousand nine. Trump's border policy
is a smashing success. Here's what he had to say
about it.
Speaker 9 (05:21):
We've set all time records for the lowest number of
illegal border crossings ever recorded.
Speaker 6 (05:26):
To think of that, ever recorded.
Speaker 9 (05:28):
The number of illegal border crossers released into the United
States is down. Listen to this, please, ninety nine point
nine nine nine percent.
Speaker 6 (05:44):
Think of that.
Speaker 9 (05:45):
Ninety nine point nine nine nine.
Speaker 6 (05:52):
Three people got in.
Speaker 9 (05:55):
Three and I got angry as hell at Tom hom
And how did you allow three?
Speaker 7 (06:01):
Yeah, Tom, You're fired. I give the president a plus
on his partner support when it comes to immigration. In
this area, we've seen a complete course reversal from the
previous administration, and Trump is well above fifty percent in
this area. It's much more of a mixed bag on
the economy. The global trade environment has investors getting yippie.
(06:23):
And as for his score related to the terris as
well as the overall market, I give the president an incomplete.
It's simply too early to say if his gambit on
fixing the trade imbalance will work.
Speaker 2 (06:33):
Well.
Speaker 7 (06:34):
Know more once we see the end result of some
of these new trade deals that are being discussed. But
at this point it's impossible to give the policy a
fair assessment. There is some cause for concern in the
short term, as evidenced by our first quarter GDP numbers.
Speaker 4 (06:48):
Usually we begin with something that happened, but not tonight.
Tonight we begin with something that didn't happen.
Speaker 3 (06:55):
The economy didn't grow, not in the first quarter of
this year.
Speaker 7 (07:00):
Recall, the definition of a recession is when GDP has
two consecutive quarters of negative growth. That's an oxymoron, so
I'll prefer the term contraction. This makes one so all
eyes will be in our second quarter numbers. If the
economy contracts in Q two, the media will definitely pin
(07:20):
it directly on Trump and the tariffs. In fairness, a
lot of the Q one data we just received is
tied to the remnants of the end of the Biden presidency.
But there's some fresher data in there too. But if
you dig deeper into these numbers, there's actually a lot
to be positive about. As Peter Navarro explains here on CNBC,
(07:40):
GDP was only down because of an abnormal surge in
imports companies trying to bring foreign made products stateside to
get ahead of the tariff deadline of April. Second in
imports lower GDP. According to the formula Listen, the.
Speaker 10 (07:56):
Way GDP is calculated is consumption plus investment plus government
spending plus net exports. Okay, so right off the bat,
when you have this import surge that we've had to
try to get in ahead of the tariffs, that's that's
dragging down our GDP growth by somebody like five percent.
(08:21):
I mean, it's just like extraordinary. But that's not going
to be the case next quarter.
Speaker 7 (08:26):
So what he's saying is, now that the terriffs are
in place, net exports will actually increase in the second
quarter keep going.
Speaker 10 (08:33):
So that leaves you with the two big drivers. Consumption
which is the biggest of the two.
Speaker 6 (08:40):
And an investment.
Speaker 10 (08:41):
And look the Trump program with the deregulation, with the
tax cuts that's coming whihich will be retroactive to January,
which was going to allow which will allow complete expensing.
It surged, It surged like what is it, twenty two percent?
Speaker 2 (09:00):
Two percent?
Speaker 6 (09:01):
And then consumption.
Speaker 10 (09:03):
Despite the soft data with the confidence being down, the
consumption has been roebucks. So we had a twenty two
percent increase in domestic investment that is.
Speaker 2 (09:14):
Off the charts.
Speaker 10 (09:15):
When you strip out inventories and the negative effects of
the surge and imports because of the tariffs, you have
three percent growth.
Speaker 6 (09:24):
So we really like where we're at.
Speaker 7 (09:28):
Stay tuned. Will continue our special report on Trump's first
one hundred days when we come back.
Speaker 1 (09:32):
We're just trying to turn a nickel into a dime.
That's the bottom line.
Speaker 2 (09:40):
The power to tax is the power to disproy. It
Taxes affect your paycheck, your plans, and even your peace
of mind. But this tax season leads the stress To us.
This is gene Vaaleraniut Asset Growth Associates. We make filing
income tax return simple, accurate, and stress free. If you're
(10:04):
fifty year older, you could qualify for a low price
of ninety nine dollars to file your return. So when
it comes to your taxes, every detail matters, every time.
Call us four O nine eighty four oh sixty nine
hundred er visit savemretirement dot com. Do it today. Taxes
(10:26):
are everything. Let's make them work for you. Are you
thinking about starting your Social Security benefits early? Before you decide,
let's talk about the big picture. Claiming benefits before your
full retirement age, whether it's sixty six, sixty seven, or
(10:48):
somewhere in between, can reduce your monthly income by up
to thirty percent. That could mean thousands of dollars less
every year, and once you start, there's no going back.
Here's the unintended consequence. That smaller check could limit your
ability to enjoy retirement, cover healthcare costs, or leave a
(11:12):
legacy for you and your loved ones. And if you
live longer than you expect. Those reduced benefits might not
be enough, but don't worry. We're here to help. At
Asset Growth Associates specialize in creating smart strategies for social
security and retirement income. Will help you maximize your benefits
(11:36):
and secure your future. Call four oh nine eight four
oh sixty nine one hundred today or visit savemretirement dot
com for your free social security analysis. Let's make sure
your retirement works for you, not against you. Plant smarter
(11:59):
retire or bet.
Speaker 3 (12:03):
If you owe the i R S five thousand dollars
or more, don't call an unknown eight hundred number. Instead
personally meet with us to review your IRS problem. And
if you want to pay the i R S nothing
or less than you owe, we can set up a
fresh start agreement with the i R S. We can
(12:26):
help you. Ladies and gentlemen can call us whole free
at one eight six six seven two eight three six
nine seven.
Speaker 6 (12:34):
We're just trying to turn a nipple into a dime.
Speaker 11 (12:37):
That's the bottom line.
Speaker 6 (12:44):
We will move now from them.
Speaker 5 (12:49):
We will move people can't even look free.
Speaker 7 (12:59):
Them, and we're back with that's the bottom line here
on news Talk Radio AM five sixty KLBI and on iHeartRadio.
Hey everybody, I'm Jeff Lewis. I've got a question for you.
(13:22):
Do you know what your risk number is? I bet
you don't, So go to what is my Risk Number
dot com and find out it's totally free, and here
you can get a state of the art brisk assessment
that gives you a custom designed way to help you
find what's the best number for your strategies. And remember,
(13:42):
if you want to speak to real, live persons about
any of your investment, tax or Medicare questions, go ahead
and call us here at Asset Growth Associates toll free
at eight sixty six Save my Retirement or if you're
local here in Southeast Texas at four oh nine eight
four zero sixty nine. We're continuing our look back on
(14:02):
President Trump's first one hundred days of his second term,
and before the break, we were talking about the administration's
economic performance so far. Now, before we move on from that,
I want to address a couple more economic issues where
President Trump made promises during a campaign. The biggest of
these was about inflation. Inflation was probably the biggest little
(14:23):
factor that cost Joe Biden his presidency. I mean other
than his failure to keep the board secure, a bumbling
withdrawal from Afghanistan, letting a war start in Europe, letting
a war start in Gaza, ossage is being taken in Gaza,
letting men dress out in women's locker rooms, his inability
to work past two pm without drooling on the resolute desk.
Speaker 8 (14:45):
Okay.
Speaker 7 (14:45):
So, there was a lot of things that costs by
his presidency, but inflation was a big one. Fortunately, Trump
has succeeded in bringing down the inflation rate, which had
reached as high as nine point one percent back in
twenty two under Biden. Check out the new numbers.
Speaker 12 (15:03):
Inflation is easy again across the US for a second
month in a row in March. It's now down from
two point eight percent in February to two point four
in March, closer to the fedce target year over year
rate of two percent. This is the lowest inflation has
been in six months, and for the first time in
five years, the consumer price index fell, meaning lower prices
(15:26):
for you at home. The biggest factor in the drop.
Energy costs fell two point four percent, but still cause
at the grocery store they did go up, including egg prices.
That hid a new high despite wholesale prices having gone down.
Agriculture Secretary Brooke Rollins says the relief of the store
will be coming soon.
Speaker 7 (15:46):
So per this report, the good news is that inflation
is coming down faster than economists anticipated. That's because domestic
energy production is up a stunning fifteen percent in the
first quarter this year, which gives President Trump another a
plus in one of its stated objectives. Like you predicted,
(16:07):
that's driving energy costs down, which serves as a leading
indicator for a lot of other products. For example, food
prices depend on energy costs, so your grocery store bill
lags behind changes in the price of gasoline. Since wholesale
prices are already starting to come down at the distribution level,
(16:27):
it shouldn't be long before we see hit this hit
the supermarkets. Okay, so let's review. Nominal GDP is down
by zero point three percent. We get nominal GDP by
adding up consumption, which is basically what real people spend
every day, plus investment, which is both business expenditures and
(16:50):
people buying a home, plus government spending, which is exactly
what it sounds like, only we borrow the money to
do it. Plusx sports, which is your exports minus your imports.
Just in our case, because we have over a nine
hundred billion dollar trade deficit, we subtract that number out. Then,
(17:11):
if you want to compare GDP to previous years, you
adjust for inflation, and because inflation is down, real GDP
will compare more favorably to the Biden years. It's actually
not that complicated. So here's the deal. Consumption was actually
up one point eight percent, which is season investment in
the United States is up by whopping twenty two percent.
(17:34):
Government spending was down five point one percent, which is
great in the sense that we're borrowing less money, but
it only took a third of a percentage point away
from GDP, which ironically accounts for the entire decline in GDP.
But because companies front ran the tariff deadline, import spiked
by forty one percent, which resulted in the contraction of
(17:56):
GDP instead of what should have been about two percent growth.
So the hard data tells us that the economy is fine,
and as long as new trade deals continue to be signed,
not only will investment continue to increase, but our net
export will also increase because our trade deficit will decrease,
So why is the market freaking out? Here's Charles Pain
(18:19):
in a Fox Business talking to great Great gut Field
to explain.
Speaker 13 (18:22):
Why the economy is great. Yeah, here's the most amazing thing.
This is the most There's never been a fear campaign
to this degree ever. Ever, the stats blowed me away.
There have been more negative stories about Trump and COVID.
Speaker 6 (18:35):
Yeah, I'm serious, I love you.
Speaker 13 (18:38):
It's everything. The media is scared the hell out of people.
Just a couple of hours ago, Visa reported their earnings
and said consumers are doing great. They're not the only
company that said that on Wall Street. There's a thing
called soft data and hard data. The soft data is
all the surveys when you're scared the hell out of people,
and it's so funny, like.
Speaker 6 (18:54):
You know, term's gonna destroy you.
Speaker 13 (18:56):
What are you worried about right now?
Speaker 5 (18:57):
Terms?
Speaker 6 (18:58):
Oh well yeah, I.
Speaker 13 (19:00):
Mean then they they like, oh, look at the public now.
It is really absolutely amazing.
Speaker 5 (19:04):
Ah ha.
Speaker 7 (19:06):
So the globalist media doesn't like the tariffs, so they're
using the fear and uncertainty surrounding them that's scared the
hell out of you, and creating soft data so that
you'll ignore the hard data that tells us that the
economy is actually okay, because if you scare enough people,
you actually can reduce consumer confidence enough to affect consumption,
(19:27):
and then you've got to self fulfilling prophecy. And it's
easy to scare people right now because the situation we're
in doesn't really have a historical comparison. The elitists in
Washington say Trump can't pull this off, and probably don't
want him to, but the administration is well on its
way to doing just that. Here's US Trade Representative Jamison
(19:47):
Greer speaking at Wednesday's cabinet meeting.
Speaker 8 (19:50):
So this is something a reordering of global tradement hasn't
happened since the end of World War Two, and it's
long overdue because we've seen manufacturing offshore under the old
global trade system. When the net result of the global
trading system that all the manufacturer goes to Asia and
other places, that's a system you have to replace. That's
what you're doing. They said you wouldn't be able to
do global tariffs.
Speaker 4 (20:10):
We did it.
Speaker 8 (20:11):
They said everyone would retaliate. No one retaliated outside of China.
They said no one would come to negotiate. We're talking
to dozens of countries. They said no one would have offers.
We have dozens of written offers. We have lots of
countries in this week.
Speaker 7 (20:23):
That's why I give Trump an incomplete on the economy,
because it's the next one hundred days that will determine
how successful his first one one hundred days are. And
that goes not just for the economy but also for
the rust of Ukraine war. The effort is being made,
but we simply don't know what the result will be.
That's why for this progress report, I give Trump free
(20:44):
a's and two incompletes for the economy and the Ukraine.
Up next, it's Gene Valerani with the seat's thirty little seat.
I'm Jeff Lewis will be right back.
Speaker 6 (20:52):
We're just trying to turn Ankeel into a die. That's
the bottom line.
Speaker 2 (20:58):
Did you know if your portfolio drops thirty percent in
a market downturn, earning back thirty percent doesn't get you
back to even That's right, It actually takes a forty
three percent return just to recover your losses. Most investors
don't realize how steep the climb is after a major drop.
(21:22):
That Asset Growth Associates we believe your retirement shouldn't be
left to chance. Our principal protection strategies can help you
avoid devastating losses while still participating in market link games.
Don't let another downturn white years of growth. I'll call
us now four oh nine eight four oh sixty nine hundred.
(21:46):
That's four oh nine eight four oh sixty nine one hundred,
or visit us online at Save by Retirement dot com
and don't forget to listen to our weekly show on
news Talk five sixty k LVII. That's the bottom line.
Speaker 4 (22:05):
I want to invite our listeners to find out what
a risk number can do for them. Visit what is
My Risk Number? Dot com? And while you're there you
will find more information And if you click the link
on the front page, a quick five minute process will
give you your risk number for free. Visit what is
(22:28):
My Risk Number dot com now to take control of
your investments and make them do what you want them
to do with a very high degree of certainty. That
is what is my risk number? Dot Com? Again, what
is my risk number?
Speaker 2 (22:44):
Dot com?
Speaker 1 (22:45):
We're just trying to turn a nickel into a dime.
That's the bottom line.
Speaker 2 (22:51):
And now, ladies and gentlemen, here's today's dirty little secret.
This is Gene Mellerani. Well, the first hundred days of
the second Trump administration and the anti American pro Democrat
socialism news media has its plan, which is to continue
(23:15):
to be the propaganda arm of the Democrat Party. It's
a stealth plan, I believe, to destroy the Trump administration,
which lies and fills. They want to lie about him
with false propaganda. That's really what they're doing. They want
(23:36):
to destroy Trump before he gets past one hundred days.
The media's planned is to help Democrats to print and
broadcast news stories about President Trump losing public support. In politics,
it's called the bandwagon effect, which simply seeks to you
(24:00):
and your family's over into believing, into believing everybody hates Trump.
Or listen to me, nothing could be further from the truth.
The president has had a successful first one hundred days,
but to listen or read about it, one would think
(24:21):
it's been a colossal failure. The only failure has been
the absolute looney show the Democrats have been carrying on.
It's really, at least in my opinion, a conspiracy between
hard left Democrats and socialists being aided and evented by
(24:42):
the news media. Their plan is obviously to falsely portray
Trump's first hundred days as a massive failure, with the
lunatic fringe already crying out to impeach him. In the
same news media which hid the fact that former President
(25:04):
Biden was suffering from dementia and was no more than
a figurehead president who didn't have a clue what was occurring. Well,
the desire of communism and socialism, they'll cover for that,
but they want to destroy your freedom, ladies and gentlemen,
(25:26):
American freedom and opportunity, and place you and your family
within a socialist, communist collective where government rules you and
your family. It's it's obvious to most Americans that President
Trump is on a mission to restore the United States
(25:47):
back to its pre eminent position in the world and
to retain its mission of providing liberty and justice for
all Americans. Well, the Democrats can't have any of that,
and neither can the anti American news media. You know that,
ladies and gentlemen, We're living in an American turning point
(26:11):
as to whether or not we retain our once dominant
position as the land of freedom and opportunity, or have
it crushed by and taken away from us from the
enemies within. Trust me, trust me, trust.
Speaker 14 (26:30):
Me when I tell you we don't have to look
far to recognize the enemies within who would gladly applaud socialism, communism,
or any other far leftism. The enemies of freedom would
like to conjure up to take away your futures. President
(26:52):
Trump has provided us with his plan for the first
one hundred days, the first fruits of his efforts to
make America great again by restoring his place of eminence
in the world. I guess one way to look at
it would be to witness a new chapter and the
(27:14):
struggle for liberty and justice for all. But stop and
think how much American blood has been spilled in the
battle against deputism over the centuries, which has brought us
to this place. We now find ourselves as a nation,
one nation under God, with liberty and justice for all
(27:39):
is what we end our national pledge of Allegiance with
not just freedom for the few or the powerful, but
for all. Now many believe it was the hand of
Almighty God that spared President Trump from the assassin's bullet,
(28:00):
not once but twice, proving I would suggest somebody up
there must like him, for the mainstream media and its
desire to mislead the American people and falsely claim to
be the voice of freedom has betrayed all of us.
(28:20):
Jesus told us the truth, he said, the truth will
set you free. But find the truth within the cluster
of internal enemies, which would cast your freedoms and your
beliefs aside in an instant is really what we face
in our modern world. President Trump was re elected to
(28:44):
make America great again, and the truth is he's doing it,
and the left, which really hates America, really can't stand it. Yes,
ladies and gentlemen, President Trump was re elected to make
America great again. And the truth is he is absolutely
(29:09):
unequivocally doing it. And the left really hates America and
they hate Trump for trying to make America great again.
And that's really what's going on.
Speaker 2 (29:22):
And so the newspaper print that you're reading that Trump
is failing and that the public is turning against him
or is going down in the polls. I can tell you,
ladies and gentlemen, you have to take that with a
grain of salt. Because the news media and its desire
(29:43):
to do the wrong thing, well, that's what they're doing now,
and that's just the way it is. Ladies and gentlemen.
You have a news media, the most most of the
news media, not all of them, most of them. They
are working very hard to paint Donald Trump as some
(30:07):
kind of a villain and that it's just not the truth. Now,
the newspaper. We have freedom of the press in the
United States, and I've always thought how terrible it is
that the news media wastes that freedom and desires more
to do the work of the communists and the socialist
(30:30):
as opposed to doing the work of freedom and justice
for we the people. And that's just the way it is,
and I hate it for that. But you have to
know truth.
Speaker 6 (30:41):
We're just trying to turn a nickel into a dime.
Speaker 11 (30:45):
That's the bottom line.
Speaker 2 (30:48):
Planning your financial future. Taxes can be one of your
biggest expenses in retirement, but they don't have to be.
With the tax efficient Distribution plan, you can keep more
of what you've worked so hard to say. Here's how
it works. We help you strategically withdraw from your accounts
(31:13):
to reduce tax liabilities and maximize your retirement income. Whether
it's choosing the right accounts first or minimizing capital gains
or tailored strategies ensure you are keeping your investments efficient
and your income steady. Take control of your financial future.
(31:38):
Let's make your money last longer and work smarter for you.
Call four oh nine eight four h sixty nine hundred
to day or visit savemretirement dot com to schedule your
free consultation. Your investment deserves a plan as unique as
(31:58):
your goals. Smart investments, smart TIXX strategies.
Speaker 7 (32:07):
Are you tired of watching your investments rise and fall
with the market. What if you could have growth potential
without the risk of losing your hard earned money. This
is Jeff Lewis with Asset Growth Associates. If this sounds interesting,
then you need to ask us about a principal protection plan,
a smart financial solution designed to protect your money in
a down market while capturing market linked returns while the
(32:31):
market goes up, no market losses, market linked gains, peace
of mind. Don't leave your future to chance. Call Asset
Growth Associates today at four zero nine eight four zero
sixty nine hundred to learn how to grow and protect
your wealth. Protect what you've built, grow with confidence. Call
(32:52):
now four h nine eight four zero sixty nine hundred
or visit us at savemiretirement dot com.
Speaker 1 (33:00):
We're just trying to turn a nickel into a dime.
That's the bottom line.
Speaker 2 (33:05):
Welcome back, ladies and gentlemen you're listening to that's the
bottom line. You're weekly broadcast on KLVI that tells it
like it is. This is Gene Valerani reporting and outsigned
for our weekly Solution each week. When we offer a
solution during this segment, we talk about plans link to
(33:29):
the financial markets that earn money but are contractually guaranteed
not to lose value during a market decline. We've been
offering plans like this for decades now at Asset Growth
Associates and plan to continue to do so for the
decades ahead. I've reported many times that there's no perfect plan,
(33:53):
but depending on what people save money for, some are
just better than others. That Asset Growth Associates, we offer
plans that gather and gains during a rising market, but
these plans don't lose value during a market decline. And
(34:14):
once again we have Donald Trump back in the White House.
He's finished his first one hundred days and already foreign
business leaders from around the world are beating a path
to our door, we Americans, and from all appearances, the
(34:34):
stock market likes that very much and is soon going
to be going up, and we'll probably be going into
a boom before it's over with. What's unique about the
financial investment products that we offer you from Asset Growth
Associates is the principal protection accounts you hear me mention
(34:59):
off on this report. These accounts provide both fixed interest
returns as well as market link returns, but unlike typical investments,
they do not lose value when the market is in decline.
Our clients and principal protection plans do not lose value
(35:21):
during a market downturn because they just don't lose value.
It's contractually guaranteed that they don't lose So whenever the
rest of the market is having a downturn, these plans are.
They're ahead of everyone else because while most investors are
(35:42):
just trying to get back to even these accounts already
have been growing because they never lost anything to begin with.
So let's say you build a nice four to one
K account and you're nearing retirement and you want to
retain what you've earned, you simply roll the account over
(36:03):
into a principal protection account that Asset Growth Associates. And
it's not only safe, it keeps growing and it never
is exposed to losses going forward. It keeps growing, just
keeps growing and growing, and soon you'll be making a
(36:25):
resolution not to allow your nest egg to shrink anymore.
Now this is important, ladies and gentlemen. I want you
to write our phone number down four to nine eight
four oh sixty nine hundred. That's the number to Asset
(36:45):
Growth Associates. We help our clients design financial plans and
move their plans to accounts bet are linked to the
financial markets. Oh, we do the regular investing too. You
can buy stock and trade stock with us. But the
accounts that we talk about mostly are these principal protection
(37:08):
accounts because unlike traditional investments, they don't lose value during
market declines. It might be worth looking into plans that
earn market returns but retain the gains without ex exposing
them to declines. And I guess you know you already
know that that might have been it might have misspoke
(37:32):
saying explosing them. But you know what happens whenever the
market goes into a panic, Well, you don't have to
worry about downturns when you have one of these principal
protection plans that you hear me talk about. Like I said,
we offer traditional investments too, but we feel these principal
(37:52):
protection accounts provide security and stability and do so by
putting his safety under your investment portfolio, so you're never
subjected to losing value during a market decline. Okay, ladies
and gentlemen, but this means for you is that we're
(38:14):
going to soon have a return to normal in this country.
Many people are going to have an opportunity to move
investment capital in the principal protection where they can earn
market link returns without being exposed to market linked losses.
So why not call it soon that Asset Growth Associates
(38:37):
learn more about these unique plans. Money isn't everything, but
it sure comes in handy sometime. And to have a
portfolio comprised of any number of market indices and know
a downturn on Wall Street won't wipe it out, well
doesn't that Wouldn't that provide some peace of mind? You
(38:57):
better believe it would peace of mind because you're gonna
always have money and it's gonna always be growing and
you'll never have to face losses, disgrowth and income bunch.
You call me four O nine eight four oh sixty
nine hundred. Call any of us at Asset Growth Associates
(39:18):
once again four O nine eight four oh sixty nine
one hundred. Have you live in far away places? There's
a toll free line one eight sixty six seven two
eight three six nine seven. That's one eight sixty six.
Save my retirement. Get ladies and gentlemen. Call us at
four oh nine eight four oh sixty nine hundred or
(39:42):
log on to savemretirement dot com and learn more about
us that Asset Growth Associates. You keep the money you
earn without fear of loss. Four O nine eight four
oh sixty nine one hundred. Call now just trying.
Speaker 6 (40:00):
To turn a necke in?
Speaker 5 (40:01):
Who die?
Speaker 1 (40:03):
That's the bottom line. Where's just trying to turn a
necke in?
Speaker 5 (40:08):
Who die?
Speaker 11 (40:09):
That's the bottom line.
Speaker 7 (40:28):
Thank you for listening today to That's the bottom line
on news talk radio a M five sixty kl v I,
plus the those of you that tuned in via podcast,
through iHeartRadio or through our website at savemretirement dot com.
Remember you can listen to all of our broadcasts anytime,
any day, on demand online. Again, you can contact any
(40:51):
of us here at Asset Growth Associates locally at four
zero nine eight four zero sixty nine hundred or toll
free at eight sixty six Save My Retirement. Our physical
address in Beaumont is at thirteen ninety one Calder Avenue,
a block from the intersection of MLK and Calder. We're
glad to tuned in this week. Remember this Saturday is
(41:12):
election day for most cities in the state of Texas,
so make sure you do your part and get out
there and vote. If you live here in Palmont and
you want to catch our interviews with the candidates, that's
available on savemretirement dot com right next to many of
our featured services. Oh did I mention We've got a
ton of free services available to you Asset Growth Associates.
(41:33):
Plus check this out. You really want to go to
what is My Risk Number dot com and take our
free risk assessment. It's a great way to take charge
of your financial future. From portfolio management to principal protection,
from tax services to medicare. We're here to help if
you're turning sixty five or looking to come off your
(41:53):
group insurance when you retire. We've got answers for your
medicare questions. We know medicare is too complicated by half,
and there's enough pitfalls building to kill the Aniana Jones,
but call us and we'll keep you out of a
snake pit or the spider cave, or whatever trouble you
may find your stealth in. Hey, did you know tax
season's over? Well, maybe not for all of you. You
(42:16):
might have filed an extension or worse, has some real
trouble brewing with everyone's favorite agency to IRS. That's right, folks,
they haven't been abolished yet, and that means sooner or
later you're going to have to deal with them.
Speaker 2 (42:28):
Won't that be fun?
Speaker 7 (42:30):
Well, we may not make it fun, but we can
definitely make it easier on you. And you can even
schedule an appointment on our website. If you're thinking about retiring,
and if you're still working you know you're thinking about it,
we can make that process easier, maybe even downright or rewarding.
We can help create a plan where you're in control
of your hard earned money. We've got investment plans that
(42:52):
involve zero risk to your principle at asset Growth Associates.
We've got the experience and name you can trust. We
know how to handle your money safely, consistently, and always
with your best interests in mind. I'm Jeff Lewis for
Gene Valerandi and everyone here at Asset Growth Associates. Remember
you are greatly blessed and highly favored because, as always,
(43:15):
that's the bottom line.
Speaker 6 (43:22):
That's the bottom line.
Speaker 1 (43:25):
You can reach Asset Growth Associates by calling one eight
six six seven to eight thirty six ninety seven are
by visiting savemyretirement dot com.
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