August 17, 2024 • 43 mins
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Speaker 1 (00:00):
We're just trying to turn a neche into a dime.
That's the bottom line.
Speaker 2 (00:12):
Welcome to real honest talk about money, politics, news and
information you can actually use.
Speaker 3 (00:19):
Buckle up and hold on tight.
Speaker 2 (00:22):
This is that's the bottom line.
Speaker 4 (00:28):
The best thing the life of me.
Speaker 1 (00:31):
But you can give them to the bath and be
the line that.
Speaker 3 (00:44):
Hello everyone everywhere, welcome this is that's the bottom line
with yours truly, Gene Valeradi, your weekly radio broadcast that
tells it like it is on klv I five sixty
a m. Saturdays at six in the morning and then
again on Sundays at eleven in the morning. Also, we
welcome those of you who listen to this weekly report
(01:05):
online by logging on to either Savemyretirement dot com or
That's the bottom Line Radio Show. I'm a partner at
Asset Growth Associates. We have offices located in Dallas, Houston,
and Beaumont, Texas, where we offer investment, pension and retirement
planning services as well as income tax returns for individuals, families,
(01:27):
and businesses. Hey, we do it all at Asset Growth Associates,
including representing our clients who may be having difficulty with
the irs. Often being able to negotiate a settlement or
occasionally even paying nothing at all, sometimes negotiating a fresh
start too. As I said, we do it all and
(01:48):
have been serving our clients in Texas and Louisiana for
decades now. Among this morning's topics, we have reports that
the FBI is investigating the probability the Iranian alt iatolis
have been attempting hacks into the Trump campaign in an
effort to interfere with a Trump election victory. We have
(02:12):
the details on today's report coming up. Today's Very Little
Secret exposes a new media propaganda run to help Kamala
Harris defeat Donald Trump. But their storm clouds brewing on
the Harris campaign, which once exposed, could end her chances
to defeat Donald Trump for president, and it probably will.
(02:36):
Timing is everything, as they say, and as we do
each week, Today will be no exception. We're going to
help our listeners to help our investors find workable solutions
for successful outcomes in managing their investment portfolios. Now, listen
(02:57):
to me. If you haven't found your tax returns yet,
or even if you haven't filed them in a few years,
we can help you, ladies and gentlemen, tax laws are complicated.
They're complex, and we can help with all types of
tax returns. And by the way, when it comes to
investing money for future use, do you know what your
(03:18):
risk number is? You can find out by logging onto
either Savemyretirement dot com or what is My Risk Number
dot com. By answering a brief number of questions, the
computers program's going to give you a risk number between
one and ninety nine. It's going to show you if
you're currently investing according to your individual risk colors. Hey, listen,
(03:40):
it's a free offer. It's free, So log on to
Save my Retirement dot com today and while you're there,
sign up for our free newsletter, which offers a lot
of tax and investment tips. Well, I've got a lot
to cover as usual, so let's get started. The Federal
of Investigation says it is investigating a computer hack on
(04:07):
former President Donald Trump's twenty twenty four campaign by an
Iranian group working from the ay Atolas. It's a leak operation,
suggesting that the Iranian regime is looking for ways to
interfere with this year's US presidential election. They're working against
Trump as much as any Democrat operatives are the Iranians. No,
(04:31):
they know Trump's on the American side, and anybody that's
against Trump on his house. That's saying, go the enemy
of the friend of the enemy of my enemy is
my friend, right, That's the way they look at it.
According to published reports, Iran has quickly emerged as the
chief election security concern within the US government. If true,
(04:55):
this means Iran has joined Russia with being a pre
eminent threat to the forthcoming US presidential election and the
main objective of the Iranians is to generate discord with
the twenty twenty presidential election work and to have former
President Donald Trump defeated. Makes one wonder if indeed the
(05:16):
FBI would seriously seek to prevent Russia from Iran working
to interfere with the election. They don't like Trump anymore
than the Iranians do, it seems to me. Last week,
the Trump campaign said it had been hacked by foreign
sources hostile to the United States. The report went on
to say those hacked items were then shared with domestic
(05:39):
news sources already hostile to the Trump campaign as any
anti Trump as anti Trump democrats and the news media
have been toward Trump and they continue to be. Makes
one wonder if the Democrats are involved in some bizarre
attempt to undermine the Trump campaign for presidency. I guess
(06:00):
they might be. That's in their cause, right, But it
is what it is within the hostile separation of American
political parties being as they are, and that it is
not beyond the realm of understanding that underhanded political operations
to consort with foreign enemies of the United States to
(06:21):
help the cause of opposing political entities seeking more power. Well,
it's not beyond the realm of possibility that that's what's
going on. It is not unrealistic, ladies and gentlemen, to
think the domestic political factions within the US would join
forces with foreign enemies to acquire more power over domestic
(06:44):
political opponents. But then things have gotten so out of
control in recent years, it is not unreasonable to consider
the probability of government forces to side with political allies
still soft opposed to the cause of freedom, as we
(07:05):
do here in the United States. Oh boy, I'll tell
you what, ladies and gentlemen, nothing's unreasonable anymore. Consider that
the old saying of the enemy of my enemy is
my friend. As the political nature of the United States
becomes hardened beyond the precepts of patriotism. But this is
(07:26):
what happens when political strength or loyalties exceeds patriotism. And
that's really what I'm talking about. In many ways, we
may have passed the point of no return with regard
to assessing what exactly it is that patriotism in one
country expects of us. Our founders left us the unalienable
(07:48):
right to pursue life, liberty, and happiness. It is the
pursuit of happiness, which for many is the hardest to
actually achieve, because happiness can be elusive, especially if one
person's happiness results on the intrusion of another person's wishes.
But it is what it is, and as long as
(08:10):
one person's happiness doesn't infringe on another person's happiness, then
it all works out well. As in the Golden rule
that says, simply do unto others as you would have
them do unto you, easy enough advice for most of
us to accept. In a world full of so much
that brings with it all the challenges of living in
(08:31):
peace with one another. One thing remains constant, however, ladies
and gentlemen, and that it becomes very necessary to tolerate
one another as long as it does not interfere with
what we're doing to achieve our own individual success in life.
That is, of course what it is. As we're attempting
(08:53):
to achieve what is legal right, we're about to come
to a reckoning zoon within our country politically, and the
forces of both sides are seeking to convince us, we
the people, that what their offering is going to be
the best we can do ourselves and to do for
ourselves and our posterity. Everything we cherish in the United
(09:17):
States is our freedom to pursue happiness and live in
peace with one another. Most Americans, I suspect just want
to be left alone to pursue their dreams, whatever they
might be. And that's really the bottom line. And anyhow,
that's where we're beginning this morning's this morning's report. So
(09:39):
let me tell you there's a lot of foreign conspiracies
intertwined in politics these days. If we don't if we
believe there's no such thing as interference in our election process,
then we're just I don't know, we don't know what's
(10:00):
going on. That's the problem there, and of course that
affects everything that we do. It affects everything. Listen, here's
one way for you and your family to survive financially.
Now listen to me carefully. The plans we have available
with Asset Growth Associates include principal production accounts. You've heard
(10:24):
me say this before, plans linked to the financial markets.
But unlike plans with direct market participation, these plans are
linked indirectly and pay out their earnings based on the
performance of the financial markets, but only in the gains,
neverthe losses. In other words, when you open one of
these accounts through Asset Growth Associates, what you do is
(10:48):
you participate in gains, but you never participate in losses.
This means when money is made, it's added to the
account without ever being exposed to a loss Cosmo Downturn
on Wall Street. I want you to keep that in
mind whenever you're looking over your four to oh one
KS and other other investment instruments that you use. I
(11:10):
want you to call us for an appointment just now
four oh nine eight four h sixty nine hundred. We're
easy to talk to, or you can reach us on
online savemretirement dot com. We'll call you back or call
us toll free. If you live in faraway places, we
have a toll free line one eight six six seven
(11:30):
two eight three six nine seven. You want to come
in and talk to us. You want to learn more
about the work that we do to help people survive
what are obviously very difficult times we're experiencing in the
country right now. And let's hope that the storm clouds
start evaporating and prosperity is coming your way back right
(11:53):
after these messages.
Speaker 1 (11:54):
We're just trying to turn ankel into a dime. That's
the bottom line.
Speaker 4 (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 1 (12:34):
We're just trying to turn a nickel into what dime.
Speaker 5 (12:38):
That's the bottom line.
Speaker 2 (12:44):
We will move from them. We will people can't even
walk the street.
Speaker 3 (13:03):
Welcome back, ladies and gentlemen, you're listening to that the
bottom nine you're weekly broadcast on k l v I
that tells it like it is. This is Gene Valleradi reporting. Listen.
I'm going to share something with you this morning that's
very important. You know, the term used over the last
(13:24):
several years when calling out someone who claims to be
a combat veteran but who is not, well, they call
that stolen honor. You've heard that term before, I know. Yeah,
Kamala Harris's running mate, Tim Waltz, who is you know,
he wants to be her vice president. He wants she's
(13:45):
going to be if she's elected president, he'll be elected
vice president along with her. Well, he claims to be
a combat veteran and a command sergeant major who served
in Iraq during the Iraq War. Mister Waltz resigned and
never served in a combat zone. Ladies and gentlemen, you
(14:07):
need to know that, nor was he ever even a
sergeant major. He never made that high rank in the military.
He served in the reserves, but he never saw combat.
When given the chance to acquire the rank of sergeant
major and go into Iraq, Tim Waltz elected to not go,
(14:30):
and therefore the lie he was a sergeant major in
a combat unit also is a lie. If someone can't
be trusted with little things, how can they be trusted
with bigger things. Ever since Vietnam, the news media is
full of stories about individuals who claim to have been
(14:51):
and have seen combat, but either were never in a
combat zone or never even served at all. To claim
to a war hero or someone who served in battle
but did not well, they called that stolen honor. That
means they have either not served at all, or perhaps
(15:12):
it served but never saw combat. Anything going back to
the Vietnam era is especially dishonorable, as so many young
Americans fought and died in that conflict, and despite showing
great heroism in the face of hostile enemy gunfire, were
treated poorly by their countrymen for service in a war
(15:34):
they served in, and for the most part, when they
came home, were shunned by the American news media and
the anti war movement, which permeated much of the news
of those dark days in American history. You remember that,
if you're old enough, and if you're not old enough,
there was a period in US history, maybe when you
(15:54):
were a child growing up, when there was disdain for
the flag of the United States. There's still a lot
of disdain from the flag of the United States. And
what we better do is we better wake up and
start realizing this is the greatest country on earth with
the best opportunity for everyone. So let me tell you
about Tim Waltz, who now seeks to be Kamala Harris's
(16:17):
vice president on the Democrat ticket. He claims to have
been a command sergeant major during the Iraq War. That
was not He was in a National Guard unit in Wisconsin,
but chose to leave act of service before being deployed
to action. Many have served our country with honor in
both war and peace, and their service, of course, is
(16:40):
greatly appreciated. But claiming to have been in the front
lines of combat within a period of conflict who was
not well, that's considered stolen honor. Right. When someone joins
the military, they're assigned to units based on their civilian
(17:01):
test scores or other criterion assigned to them by the
military itself. Many are assigned to frontline combat units because
that's where most are needed. Serving on the tip of
the spear, so to speak, is difficult, and it's difficult
in both war and peace. It's rough duty, whether there's
(17:22):
a war going on or not. If you're in a
frontline unit, it's tough duty. It's the real military. You
might as well say, I don't know the ones we
see in the movies, if you want to look at
it that way. But it's not right to claim to
have served in the front lines during wartime if you
(17:43):
have it, and that's why it's called stolen honor. Tim
Waltz wants the American people to elect him vice president
of the United States. He wants you to elect him right.
He has claimed honors not awarded him for for his
time in military service. He should not have done so
(18:05):
simply because it isn't true. This doesn't mean his service
should be totally disregarded as worthless. That's not right either.
Being in the military in both war and peace can
be rough enough without the added inconvenience of having enemy
soldiers trying to kill her mainu right. Sometimes it's a
(18:29):
lot of fellows would tell you it's it's it's tougher
to be in a unit during peace time than it
is when you're actually in combat. Well, that's basically the
difference is you know, a but it's a big difference.
If you ask me. Because Tim Waltz, getting back to him,
(18:50):
stole the honor belonging to others, he should therefore, he
should not be considered as an acceptable candidate for Vice
President of the United States. If he hadn't stolen someone
else's honor, it wouldn't matter. But he did, and so
it does matter. In a few months, we will have
the opportunity to voice our opinion on this matter when
(19:15):
we vote right. But for Tim Waltz, he's already shown
himself to be a dishonorable individual who took credit for
something he didn't accomplish. That's wrong. You know it's wrong,
no way around it. It's just wrong. And we should
hold our leaders to higher standards. It's like my old
platoon sergeant used to say, if we didn't have any standards,
(19:36):
we wouldn't have standards at all. And in a world
comprised mostly of chiefs and Indians like it is in
the military, too many chiefs and not enough Indians makes
the job more difficult than it should be to begin with.
Any ow, ladies and gentlemen, I wanted to share that
with you because this keeps slipping out about Tim Waltz
(20:00):
is Kamala Harris's sidekick there. He wants to be her
vice president if she's elected president of the United States.
And among the things that he's claiming to be is
a veteran of the Iraq War. Okay, why it's not.
He was in the I think the Wisconsin National Guard
and spent a lot of time there, and that's honorable service.
(20:23):
There's nothing wrong with that. But then you shouldn't take
credit for what other people have suffered and died doing either.
So no matter how you look at it, and that
this becomes an issue, it becomes an issue because well,
it becomes an issue because it is an issue. That
means the old saying goes, if you can't be trusted
(20:46):
in little things, how can you how can you be
trusted in important things? I think Jesus said some words
that that effect at one point during his ministry here
on planet Earth. So where are we right now? If
the American people have the wisdom to elect Donald Trump
(21:07):
to another term, it will be what's one of the
benefits going to be? Will it will be his administration
will be putting up a fence along the border between
the US and Mexico. That fence gun is going to
go back up again. It's going to begin the process
of sending illegals back to where they came from and
(21:28):
continue a un continue rather not an unorganized process, but
a very strict organized process for legal immigration with screening
rules to keep undesirables out. And if you pay any
attention to the news these days, ladies and gentlemen, you
see that unfortunately, so many of these people slipping in
(21:52):
are undesirable. So okay, now we have a lot more
to cover. We'll be back sure.
Speaker 1 (21:57):
Just trying to turn a nickel into what 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?
Speaker 3 (22:13):
Dot com?
Speaker 4 (22:14):
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 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
(22:36):
high degree of certainty. That is what is my risk number?
Dot Com? Again, what is my risk number?
Speaker 3 (22:44):
Dot com?
Speaker 1 (22:45):
We're just trying to turn a neckel into a dime.
Speaker 5 (22:49):
That's the bottom.
Speaker 3 (22:50):
Line, Welcome back, ladies and gentlemen you're listening to. That's
the bottom line. Your weekly broadcast on kl that tells
it like it is. And this is a presentation provided
by Asset Growth Associates in Beaumont, Dallas, and Houston, where
(23:14):
we offer investment advice on a regular basis in our
daily workaday lives and outsigned for today's dirty little secret,
and I want you to listen carefully. The liberal news
media is on a campaign to boost votes for Democrat
(23:35):
Kamala Harris, who's running for president against Republican Donald Trump.
If you didn't know that, then you better wake up
and pay attention, because that's what's going on right now.
Listening to most of the US news media on a
daily basis, an unobservant American voter could assume Kamala has
(23:56):
the election in the bag, and based on current poling
and news analysis, has the twenty twenty four presidential election
all sewed up. Well, I'm here today to tell you
don't believe it. Kamala Harris doesn't have anything all sewn
up in the has nothing in the bag, at least
(24:18):
of which would be to win the November election. Today's
news media. Listen to me carefully. I want you to
try to get this in your mind. Today's news media
is composed mostly of blue state liberals, and for all
intents and purposes, in the last several decades, has become
(24:42):
the propaganda arm of the Democrat Party, and long ago
having forfeitted its obligation to print the truth, now they
have an obligation to print the truth. They're protected by
the US Constitution when they do print the truth that
goes against the government. But they choose, for reasons unknown
(25:03):
to be in recent years to be pretty much anti government,
if you want to put it that way, or at
least anti freedom in the sense that they lean to
the left, which is the left as the Democrats, and
they want a more controlled government infringing on individual rights. Now,
for the most part, they're all mostly the news medium
(25:26):
talking about they're all mostly left wing liberals, opposed to
the traditional values that once was the cornerstone of the
American Republic. No one but the Almighty knows the future
and based on truth rather than fiction. Most American voters
are very likely to send Donald Trump back to Washington,
(25:50):
d c. For another term as President of the United States.
They're going to try still try to put them in jail,
you know, for that nonsense up there Manhattan that's coming
up soon. No one knows for sure what's going to
happen there with that Judge Marshan and Manhattan. There are
(26:11):
several big news items still not on the horizon, but
whenever they're released, they're going to be explosive. They're going
to be some big explosive the news breaking in the
days ahead. And one of these big news items is
going to be the announcement of massive Medicare costs coming
your way. They probably haven't heard much about that. Well,
(26:36):
wake up, smell the coffee. You got big Medicare costs
coming your way. And one reason for this is because
so far within the Biden administration, Biden and his cronies
have been spending money like those proverbial drunken sailors we
so often hear about. As always due respect for drunken,
(27:00):
it's just what they do. Joking fellas just joking. But listen,
big increases in what we Americans will be paying for Medicare,
and that bombshell that it's going to bring upon us
is expected to hit your pocket book before the election occurs.
Joe Biden does a reckless spendthrift. He's a liberal, a
(27:23):
liberal spend thrift, and you better believe so is Kamala Harris.
Expect soon to hear more about the big increases coming
to the cost of medicare. It's going to be shrinking
your paychecks, ladies and gentlemen. And here's something else you
should know. Today's modern multi millionaire tycoons. Who are these people? Well,
(27:47):
I'm going to tell you something right now. Who are
these big multi millionaire tycoons, the fat cats. Well, I'll
tell you this. Listen to me carefully. They're not big
rich Republicans like it used to be when you hunt,
when you go back and parken back to the Great
Depression decades ago, that's really no longer the case at all.
(28:11):
I'm going to reveal something to you. Most of them,
listen carefully. Men such as Bill Gates, Warren Buffett, Jeff
Bezo's all donate heavily to the Democrat Party. Up today's
two biggest political parties. Democrats are the richard of the
two statistically households in the United States, with annual incomes
(28:33):
in excess of five hundred thousand dollars per year our
Democrat households. Did you know that? Now, I'm not I
have no problem with people making a lot of money.
That has nothing to do with what I'm talking about here,
But I want you to know that. So when Democrat
politicians start raping about the country being run by rich Republicans,
(29:00):
obviously they're not telling you the truth. They're they're looking
at themselves in the mirror. That's who That's what I
want to let you know. Now, don't get me wrong,
Please don't get me wrong. This is not class envy.
This isn't anything you know. You're not supposed to honor,
you're you're not supposed to be jealous of your neighbor's goods.
(29:22):
You know that. So don't get me wrong. I'm not
talking in that vein. There's nothing wrong with working hard
and providing a good life for you and your family.
Nothing wrong that, nothing wrong at all. But by the
same token, when left wing Democrats make it sound as
(29:42):
if Republicans are a bunch of fat cats feasting on
the sweat and work of others, it's not true. It's
just not true. Here in the land of milk and honey,
ambitious people can rise from rags to riches, and many
do within our economic system. That's the beauty of the
(30:03):
United States of America. God bless America because you can
be born in rags and end up in riches, but
it's usually rich Democrats. You are the ones becoming wealthy
on the backs of four people and other parts of
the world. Now, I'm certainly not bashing wealthy entrepreneurs who
(30:23):
find success in the American workplace. I'm not. I'm not
bashing that. I'm instead saying, work hard and develop American
talent and opportunities here in the United States for our
own people first, and for others who come here legally
(30:43):
and seek to become part of the American dream. That's
where I'm coming from. I'm more concerned about those who
seek the use or use the wealth of a blessed America.
They want to use our wealth but exclude Americans from
participating in great ideas and opportunities. That's what I'm fussing about. Anyhow,
(31:09):
as we approach election day twenty twenty four, I just
felt it important to remind everyone, as Donald Trump says,
when we hear him say make America great again, we
know what he means. We don't want to lose our
country to a handful of sleezy left wing politicians seeking
to enrich themselves on the back of the working poor
(31:32):
by making empty promises and destroy the American middle class
in the process, because that just wouldn't be right, would it.
That's the issue there. In other words, we have opportunity.
This is the land of opportunity. If you come here,
you apply yourself, and you work hard, then you will
(31:54):
do well back after this.
Speaker 1 (31:56):
We're just trying to turn ankel into a time. It's
the bottom line.
Speaker 4 (32:05):
This is Gene Valerati of Ascent Growth Associates. If you've
been watching recent news, a few banks have had a
run where customers panic and withdraw all their money at once,
causing the banks to fail. If that isn't worrying enough.
On January first, twenty twenty three, the Federal Reserve set
(32:25):
a new low reserve trumpch for net transaction accounts to
six hundred and ninety one point seven million dollars, meaning
that banks with net transaction account balances up to this
amount are subject to a reserve requirement ratio of zero percent.
(32:46):
You heard me right, zero reserve requirements forget fractional reserve banking.
How about zero reserve banking? Why would the federal reserve
create this environment of a certainty. If this is of
concern to you, and it should be, we can show
you how to protect yourself and how to locate and
(33:07):
utilize financial institutions with very real reserves, not zero reserves.
Give us a call an Asset Growth Associates one eight
six six seven two eight three six nine seven. That's
eight six six seven two eight three six ninety seven.
You can also reach us locally in Beaumont, Texas by
(33:30):
dialing four oh nine eight four oh sixty nine hundred.
Give us a call.
Speaker 3 (33:35):
You'll be glad that you did.
Speaker 1 (33:36):
We're just trying to turn ankel into a dime. That's
the bottom line.
Speaker 3 (33:43):
Welcome back, ladies and gentlemen you're listening to that's the
bottom line. You're weekly broadcast on KLVII. That tells it
like it is. You know, when you listen to this
weekly broadcast, we talk a lot about investment risk tolerance
and also how we operate in our practice an Asset
(34:03):
Growth Associates. Now, some say men are more willing to
take risk than women are. Others say wealthy individuals are
often more willing to take risk than people of modest means,
as is usually the case. However, we have found in
our practice an asset growth associates. That's where we work,
(34:23):
that's where we earn our living during the work week.
There is no way to generalize individuals when we talk
to them about setting them setting money aside for both
current income and future growth. It's true some people are
willing to take more financial risks than others. Money however,
want no risk at all. Years ago, when I was
(34:48):
in high school, a friend of mine told me how
his grandfather had gambled away the deed to the family
home in high state's poker game. If I was ever
to generalize, I would say most people would not be
willing to bet the house in a card game, but
some do so. I guess some people are willing to
take more risk than others. But the rule has always
(35:11):
been that we should never invest more than we can
afford to lose. You know that you've heard that all
your life, and this is why we encourage a percentage
of your investment program to be included in what we
call principle protection plans that earn market linked returns. Without
(35:38):
exposing those returns once they're credited to your contract from
losing it. Once you get the money in your account,
it stays there. That's easy to understand. It's not going
to evaporate during the market downturn. Plans linked to market
indices to accumulate value contractually contract you have a contract
(36:01):
to guarantee they're contractually guaranteed not to lose money during
the mark a downturn. We have plenty of those anymore,
don't we a lot of them. Then every once in
a while we get a great, big one and it
takes years to get back to where you were. You
don't want to go through all that. You don't want
that to happen a year or so, or six months
(36:22):
or maybe a month after you retire, to lose everything
at a big downturn. Proper planning prevents poor performance. Listen
to me. We encourage anyone listening to our broadcast to
call us soon this week. Don't wait our phone number
four oh nine eight four oh sixty nine hundred toll
(36:45):
free one eight six six seven two eight three six
nine seven. You call either of those numbers, you schedule
the time to visit with us. We can also be
reached online at savemiretirement dot com. Call us. Our company
is Asset Growth Associates and an asset growth Associates. Our
(37:11):
job is to help you manage your investment portfolio and
to build your nest egg for future use and have
something to fall back on if time's worsen. So listen
to me carefully to find out what your risk tolerance is.
Log onto our company website, save Byretirement dot Com, answer
(37:35):
a few questions, and this will take interested parties to
our website where they can participate in a computer exercise free.
The simple exercise identifies individual risk tolerance for an investment strategy.
You may be willing to take more risk than someone
else or vice versa. That you if you've give it
(37:58):
a number to build your investment strategy on, that's very helpful.
Now once you have that number, you can use it
to manage your portfolio. In other words, we will manage
it for you. You're gonna we're gonna give you the
the percentages of the risk and reward, and you're gonna
(38:19):
have a pretty good idea what the outcome is gonna be.
Remember it's it's it's often not how much money an
individual makes, but how much money here or she is
able to keep. Now, we do it all at Asset
Growth Associates. That's what we do for a living, and
that's why I'm talking to you about it today. I
want you to call us four oh nine eight four
(38:41):
oh sixty nine hundred. That's our local number the Beaumont,
Texas area. You call that number, we'll answer the phone.
Call free one eight sixty six seven two eight three
six nine seven. Or if you've got a computer, log
on to savemy Retirement dot com. You'll find us there
just as well. So anyhow, take advantage of it. Come
(39:05):
in talk to us. It costs nothing to learn more
about how to save your retirement. We've been doing this
for decades. We've got lots of lots of people that
have built building their nest eggs in these plans. So
don't be afraid to call four O nine eight four
oh sixty nine hundred and we will help you save
(39:26):
your retirement, because that's really what we do for a
living when we're when we're not on the radio. Okay,
save my retirement dot com, reach us online or call
us four oh nine eight four oh sixty nine hundred
and we'll be glad that you did. We'll be back
(39:48):
with a bit more before we close out today's show,
So don't wander off. We're still here. We've got more
message coming your way. Stay tuned.
Speaker 1 (39:59):
We're just trying to a neck in die. That's the
bottom line. We're just trying to turn a necke in
what die.
Speaker 5 (40:10):
That's the bottom line.
Speaker 3 (40:26):
Welcome back, ladies and gentlemen. You've been listening to that's
the bottom line. Your weekly radio broadcast on k LBI,
that tells it like it is. And listen to me.
If you've tuned in late, if you wanted to wish
you could have heard more of this show, I want
to remind you you can hear us anytime you want,
simply by logging on to uh savemiretirement dot com or
(40:52):
that's the bottom line radio show. Either way you'll find
they'll find the most recent and past shows that you
can listen to and get the information that you need
that will help you build a good portfolio and good ideas,
and we will encourage you to come in and visit
(41:15):
with us and become our clients so that we can
help you build that portfolio, give you some financial security
in a crazy world. That we live in. Right then,
let me ask you this. Do you know what financial
independence means? Well, here's a hint. Financial independence means you
(41:35):
have the ability to meet your financial goals, whatever they
may be, goals such as providing for your children's education,
being able to retire comfortably. What provisions, if any, have
you made toward being able to handle financial emergencies they
come up? You know, at Asset Growth Associates we are
committed to helping our clients answer those questions. If those
(41:57):
wild swings up and down on the walls. I's free
to have you slightly or even moderately concerned. I want
you to take the time to call us at Asset
Growth Associates four oh nine eight four O sixty nine
hundred or toll free one eight six six seven two
eight three six nine seven, and you take the first
step to achieving financial independence. We're either just a phone
(42:22):
call or a click away at on online at save
my retirement dot com. Well as happens every week we
start running out of time, I want to remind you
that you can listen to the shows when they're broadcast
(42:42):
on klv I, or you can listen online. Either way,
we're broadcast at six am on Saturdays and at eleven
am on Sundays. At any time you want to listen
at savem Retirement dot com on the Internet or just
(43:03):
log in there. That's the bottom line radio show. You're
gonna find us there too. I'm glad you shared this
time with us this morning. I hope it was worth
your while listening. Meantime. God bless you, God bless freedom
loving Americans everywhere. See you next week.
Speaker 1 (43:20):
Okay, that's the bottom line.
Speaker 2 (43:26):
You can reach asset both in Siciates by calling one
eight six six seven to eight thirty six ninety seven
are by visiting Savemiretirement dot com
We're just trying to turn a neche into a dime.
That's the bottom line.
Speaker 2 (00:12):
Welcome to real honest talk about money, politics, news and
information you can actually use.
Speaker 3 (00:19):
Buckle up and hold on tight.
Speaker 2 (00:22):
This is that's the bottom line.
Speaker 4 (00:28):
The best thing the life of me.
Speaker 1 (00:31):
But you can give them to the bath and be
the line that.
Speaker 3 (00:44):
Hello everyone everywhere, welcome this is that's the bottom line
with yours truly, Gene Valeradi, your weekly radio broadcast that
tells it like it is on klv I five sixty
a m. Saturdays at six in the morning and then
again on Sundays at eleven in the morning. Also, we
welcome those of you who listen to this weekly report
(01:05):
online by logging on to either Savemyretirement dot com or
That's the bottom Line Radio Show. I'm a partner at
Asset Growth Associates. We have offices located in Dallas, Houston,
and Beaumont, Texas, where we offer investment, pension and retirement
planning services as well as income tax returns for individuals, families,
(01:27):
and businesses. Hey, we do it all at Asset Growth Associates,
including representing our clients who may be having difficulty with
the irs. Often being able to negotiate a settlement or
occasionally even paying nothing at all, sometimes negotiating a fresh
start too. As I said, we do it all and
(01:48):
have been serving our clients in Texas and Louisiana for
decades now. Among this morning's topics, we have reports that
the FBI is investigating the probability the Iranian alt iatolis
have been attempting hacks into the Trump campaign in an
effort to interfere with a Trump election victory. We have
(02:12):
the details on today's report coming up. Today's Very Little
Secret exposes a new media propaganda run to help Kamala
Harris defeat Donald Trump. But their storm clouds brewing on
the Harris campaign, which once exposed, could end her chances
to defeat Donald Trump for president, and it probably will.
(02:36):
Timing is everything, as they say, and as we do
each week, Today will be no exception. We're going to
help our listeners to help our investors find workable solutions
for successful outcomes in managing their investment portfolios. Now, listen
(02:57):
to me. If you haven't found your tax returns yet,
or even if you haven't filed them in a few years,
we can help you, ladies and gentlemen, tax laws are complicated.
They're complex, and we can help with all types of
tax returns. And by the way, when it comes to
investing money for future use, do you know what your
(03:18):
risk number is? You can find out by logging onto
either Savemyretirement dot com or what is My Risk Number
dot com. By answering a brief number of questions, the
computers program's going to give you a risk number between
one and ninety nine. It's going to show you if
you're currently investing according to your individual risk colors. Hey, listen,
(03:40):
it's a free offer. It's free, So log on to
Save my Retirement dot com today and while you're there,
sign up for our free newsletter, which offers a lot
of tax and investment tips. Well, I've got a lot
to cover as usual, so let's get started. The Federal
of Investigation says it is investigating a computer hack on
(04:07):
former President Donald Trump's twenty twenty four campaign by an
Iranian group working from the ay Atolas. It's a leak operation,
suggesting that the Iranian regime is looking for ways to
interfere with this year's US presidential election. They're working against
Trump as much as any Democrat operatives are the Iranians. No,
(04:31):
they know Trump's on the American side, and anybody that's
against Trump on his house. That's saying, go the enemy
of the friend of the enemy of my enemy is
my friend, right, That's the way they look at it.
According to published reports, Iran has quickly emerged as the
chief election security concern within the US government. If true,
(04:55):
this means Iran has joined Russia with being a pre
eminent threat to the forthcoming US presidential election and the
main objective of the Iranians is to generate discord with
the twenty twenty presidential election work and to have former
President Donald Trump defeated. Makes one wonder if indeed the
(05:16):
FBI would seriously seek to prevent Russia from Iran working
to interfere with the election. They don't like Trump anymore
than the Iranians do, it seems to me. Last week,
the Trump campaign said it had been hacked by foreign
sources hostile to the United States. The report went on
to say those hacked items were then shared with domestic
(05:39):
news sources already hostile to the Trump campaign as any
anti Trump as anti Trump democrats and the news media
have been toward Trump and they continue to be. Makes
one wonder if the Democrats are involved in some bizarre
attempt to undermine the Trump campaign for presidency. I guess
(06:00):
they might be. That's in their cause, right, But it
is what it is within the hostile separation of American
political parties being as they are, and that it is
not beyond the realm of understanding that underhanded political operations
to consort with foreign enemies of the United States to
(06:21):
help the cause of opposing political entities seeking more power. Well,
it's not beyond the realm of possibility that that's what's
going on. It is not unrealistic, ladies and gentlemen, to
think the domestic political factions within the US would join
forces with foreign enemies to acquire more power over domestic
(06:44):
political opponents. But then things have gotten so out of
control in recent years, it is not unreasonable to consider
the probability of government forces to side with political allies
still soft opposed to the cause of freedom, as we
(07:05):
do here in the United States. Oh boy, I'll tell
you what, ladies and gentlemen, nothing's unreasonable anymore. Consider that
the old saying of the enemy of my enemy is
my friend. As the political nature of the United States
becomes hardened beyond the precepts of patriotism. But this is
(07:26):
what happens when political strength or loyalties exceeds patriotism. And
that's really what I'm talking about. In many ways, we
may have passed the point of no return with regard
to assessing what exactly it is that patriotism in one
country expects of us. Our founders left us the unalienable
(07:48):
right to pursue life, liberty, and happiness. It is the
pursuit of happiness, which for many is the hardest to
actually achieve, because happiness can be elusive, especially if one
person's happiness results on the intrusion of another person's wishes.
But it is what it is, and as long as
(08:10):
one person's happiness doesn't infringe on another person's happiness, then
it all works out well. As in the Golden rule
that says, simply do unto others as you would have
them do unto you, easy enough advice for most of
us to accept. In a world full of so much
that brings with it all the challenges of living in
(08:31):
peace with one another. One thing remains constant, however, ladies
and gentlemen, and that it becomes very necessary to tolerate
one another as long as it does not interfere with
what we're doing to achieve our own individual success in life.
That is, of course what it is. As we're attempting
(08:53):
to achieve what is legal right, we're about to come
to a reckoning zoon within our country politically, and the
forces of both sides are seeking to convince us, we
the people, that what their offering is going to be
the best we can do ourselves and to do for
ourselves and our posterity. Everything we cherish in the United
(09:17):
States is our freedom to pursue happiness and live in
peace with one another. Most Americans, I suspect just want
to be left alone to pursue their dreams, whatever they
might be. And that's really the bottom line. And anyhow,
that's where we're beginning this morning's this morning's report. So
(09:39):
let me tell you there's a lot of foreign conspiracies
intertwined in politics these days. If we don't if we
believe there's no such thing as interference in our election process,
then we're just I don't know, we don't know what's
(10:00):
going on. That's the problem there, and of course that
affects everything that we do. It affects everything. Listen, here's
one way for you and your family to survive financially.
Now listen to me carefully. The plans we have available
with Asset Growth Associates include principal production accounts. You've heard
(10:24):
me say this before, plans linked to the financial markets.
But unlike plans with direct market participation, these plans are
linked indirectly and pay out their earnings based on the
performance of the financial markets, but only in the gains,
neverthe losses. In other words, when you open one of
these accounts through Asset Growth Associates, what you do is
(10:48):
you participate in gains, but you never participate in losses.
This means when money is made, it's added to the
account without ever being exposed to a loss Cosmo Downturn
on Wall Street. I want you to keep that in
mind whenever you're looking over your four to oh one
KS and other other investment instruments that you use. I
(11:10):
want you to call us for an appointment just now
four oh nine eight four h sixty nine hundred. We're
easy to talk to, or you can reach us on
online savemretirement dot com. We'll call you back or call
us toll free. If you live in faraway places, we
have a toll free line one eight six six seven
(11:30):
two eight three six nine seven. You want to come
in and talk to us. You want to learn more
about the work that we do to help people survive
what are obviously very difficult times we're experiencing in the
country right now. And let's hope that the storm clouds
start evaporating and prosperity is coming your way back right
(11:53):
after these messages.
Speaker 1 (11:54):
We're just trying to turn ankel into a dime. That's
the bottom line.
Speaker 4 (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 1 (12:34):
We're just trying to turn a nickel into what dime.
Speaker 5 (12:38):
That's the bottom line.
Speaker 2 (12:44):
We will move from them. We will people can't even
walk the street.
Speaker 3 (13:03):
Welcome back, ladies and gentlemen, you're listening to that the
bottom nine you're weekly broadcast on k l v I
that tells it like it is. This is Gene Valleradi reporting. Listen.
I'm going to share something with you this morning that's
very important. You know, the term used over the last
(13:24):
several years when calling out someone who claims to be
a combat veteran but who is not, well, they call
that stolen honor. You've heard that term before, I know. Yeah,
Kamala Harris's running mate, Tim Waltz, who is you know,
he wants to be her vice president. He wants she's
(13:45):
going to be if she's elected president, he'll be elected
vice president along with her. Well, he claims to be
a combat veteran and a command sergeant major who served
in Iraq during the Iraq War. Mister Waltz resigned and
never served in a combat zone. Ladies and gentlemen, you
(14:07):
need to know that, nor was he ever even a
sergeant major. He never made that high rank in the military.
He served in the reserves, but he never saw combat.
When given the chance to acquire the rank of sergeant
major and go into Iraq, Tim Waltz elected to not go,
(14:30):
and therefore the lie he was a sergeant major in
a combat unit also is a lie. If someone can't
be trusted with little things, how can they be trusted
with bigger things. Ever since Vietnam, the news media is
full of stories about individuals who claim to have been
(14:51):
and have seen combat, but either were never in a
combat zone or never even served at all. To claim
to a war hero or someone who served in battle
but did not well, they called that stolen honor. That
means they have either not served at all, or perhaps
(15:12):
it served but never saw combat. Anything going back to
the Vietnam era is especially dishonorable, as so many young
Americans fought and died in that conflict, and despite showing
great heroism in the face of hostile enemy gunfire, were
treated poorly by their countrymen for service in a war
(15:34):
they served in, and for the most part, when they
came home, were shunned by the American news media and
the anti war movement, which permeated much of the news
of those dark days in American history. You remember that,
if you're old enough, and if you're not old enough,
there was a period in US history, maybe when you
(15:54):
were a child growing up, when there was disdain for
the flag of the United States. There's still a lot
of disdain from the flag of the United States. And
what we better do is we better wake up and
start realizing this is the greatest country on earth with
the best opportunity for everyone. So let me tell you
about Tim Waltz, who now seeks to be Kamala Harris's
(16:17):
vice president on the Democrat ticket. He claims to have
been a command sergeant major during the Iraq War. That
was not He was in a National Guard unit in Wisconsin,
but chose to leave act of service before being deployed
to action. Many have served our country with honor in
both war and peace, and their service, of course, is
(16:40):
greatly appreciated. But claiming to have been in the front
lines of combat within a period of conflict who was
not well, that's considered stolen honor. Right. When someone joins
the military, they're assigned to units based on their civilian
(17:01):
test scores or other criterion assigned to them by the
military itself. Many are assigned to frontline combat units because
that's where most are needed. Serving on the tip of
the spear, so to speak, is difficult, and it's difficult
in both war and peace. It's rough duty, whether there's
(17:22):
a war going on or not. If you're in a
frontline unit, it's tough duty. It's the real military. You
might as well say, I don't know the ones we
see in the movies, if you want to look at
it that way. But it's not right to claim to
have served in the front lines during wartime if you
(17:43):
have it, and that's why it's called stolen honor. Tim
Waltz wants the American people to elect him vice president
of the United States. He wants you to elect him right.
He has claimed honors not awarded him for for his
time in military service. He should not have done so
(18:05):
simply because it isn't true. This doesn't mean his service
should be totally disregarded as worthless. That's not right either.
Being in the military in both war and peace can
be rough enough without the added inconvenience of having enemy
soldiers trying to kill her mainu right. Sometimes it's a
(18:29):
lot of fellows would tell you it's it's it's tougher
to be in a unit during peace time than it
is when you're actually in combat. Well, that's basically the
difference is you know, a but it's a big difference.
If you ask me. Because Tim Waltz, getting back to him,
(18:50):
stole the honor belonging to others, he should therefore, he
should not be considered as an acceptable candidate for Vice
President of the United States. If he hadn't stolen someone
else's honor, it wouldn't matter. But he did, and so
it does matter. In a few months, we will have
the opportunity to voice our opinion on this matter when
(19:15):
we vote right. But for Tim Waltz, he's already shown
himself to be a dishonorable individual who took credit for
something he didn't accomplish. That's wrong. You know it's wrong,
no way around it. It's just wrong. And we should
hold our leaders to higher standards. It's like my old
platoon sergeant used to say, if we didn't have any standards,
(19:36):
we wouldn't have standards at all. And in a world
comprised mostly of chiefs and Indians like it is in
the military, too many chiefs and not enough Indians makes
the job more difficult than it should be to begin with.
Any ow, ladies and gentlemen, I wanted to share that
with you because this keeps slipping out about Tim Waltz
(20:00):
is Kamala Harris's sidekick there. He wants to be her
vice president if she's elected president of the United States.
And among the things that he's claiming to be is
a veteran of the Iraq War. Okay, why it's not.
He was in the I think the Wisconsin National Guard
and spent a lot of time there, and that's honorable service.
(20:23):
There's nothing wrong with that. But then you shouldn't take
credit for what other people have suffered and died doing either.
So no matter how you look at it, and that
this becomes an issue, it becomes an issue because well,
it becomes an issue because it is an issue. That
means the old saying goes, if you can't be trusted
(20:46):
in little things, how can you how can you be
trusted in important things? I think Jesus said some words
that that effect at one point during his ministry here
on planet Earth. So where are we right now? If
the American people have the wisdom to elect Donald Trump
(21:07):
to another term, it will be what's one of the
benefits going to be? Will it will be his administration
will be putting up a fence along the border between
the US and Mexico. That fence gun is going to
go back up again. It's going to begin the process
of sending illegals back to where they came from and
(21:28):
continue a un continue rather not an unorganized process, but
a very strict organized process for legal immigration with screening
rules to keep undesirables out. And if you pay any
attention to the news these days, ladies and gentlemen, you
see that unfortunately, so many of these people slipping in
(21:52):
are undesirable. So okay, now we have a lot more
to cover. We'll be back sure.
Speaker 1 (21:57):
Just trying to turn a nickel into what 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?
Speaker 3 (22:13):
Dot com?
Speaker 4 (22:14):
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 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
(22:36):
high degree of certainty. That is what is my risk number?
Dot Com? Again, what is my risk number?
Speaker 3 (22:44):
Dot com?
Speaker 1 (22:45):
We're just trying to turn a neckel into a dime.
Speaker 5 (22:49):
That's the bottom.
Speaker 3 (22:50):
Line, Welcome back, ladies and gentlemen you're listening to. That's
the bottom line. Your weekly broadcast on kl that tells
it like it is. And this is a presentation provided
by Asset Growth Associates in Beaumont, Dallas, and Houston, where
(23:14):
we offer investment advice on a regular basis in our
daily workaday lives and outsigned for today's dirty little secret,
and I want you to listen carefully. The liberal news
media is on a campaign to boost votes for Democrat
(23:35):
Kamala Harris, who's running for president against Republican Donald Trump.
If you didn't know that, then you better wake up
and pay attention, because that's what's going on right now.
Listening to most of the US news media on a
daily basis, an unobservant American voter could assume Kamala has
(23:56):
the election in the bag, and based on current poling
and news analysis, has the twenty twenty four presidential election
all sewed up. Well, I'm here today to tell you
don't believe it. Kamala Harris doesn't have anything all sewn
up in the has nothing in the bag, at least
(24:18):
of which would be to win the November election. Today's
news media. Listen to me carefully. I want you to
try to get this in your mind. Today's news media
is composed mostly of blue state liberals, and for all
intents and purposes, in the last several decades, has become
(24:42):
the propaganda arm of the Democrat Party, and long ago
having forfeitted its obligation to print the truth, now they
have an obligation to print the truth. They're protected by
the US Constitution when they do print the truth that
goes against the government. But they choose, for reasons unknown
(25:03):
to be in recent years to be pretty much anti government,
if you want to put it that way, or at
least anti freedom in the sense that they lean to
the left, which is the left as the Democrats, and
they want a more controlled government infringing on individual rights. Now,
for the most part, they're all mostly the news medium
(25:26):
talking about they're all mostly left wing liberals, opposed to
the traditional values that once was the cornerstone of the
American Republic. No one but the Almighty knows the future
and based on truth rather than fiction. Most American voters
are very likely to send Donald Trump back to Washington,
(25:50):
d c. For another term as President of the United States.
They're going to try still try to put them in jail,
you know, for that nonsense up there Manhattan that's coming
up soon. No one knows for sure what's going to
happen there with that Judge Marshan and Manhattan. There are
(26:11):
several big news items still not on the horizon, but
whenever they're released, they're going to be explosive. They're going
to be some big explosive the news breaking in the
days ahead. And one of these big news items is
going to be the announcement of massive Medicare costs coming
your way. They probably haven't heard much about that. Well,
(26:36):
wake up, smell the coffee. You got big Medicare costs
coming your way. And one reason for this is because
so far within the Biden administration, Biden and his cronies
have been spending money like those proverbial drunken sailors we
so often hear about. As always due respect for drunken,
(27:00):
it's just what they do. Joking fellas just joking. But listen,
big increases in what we Americans will be paying for Medicare,
and that bombshell that it's going to bring upon us
is expected to hit your pocket book before the election occurs.
Joe Biden does a reckless spendthrift. He's a liberal, a
(27:23):
liberal spend thrift, and you better believe so is Kamala Harris.
Expect soon to hear more about the big increases coming
to the cost of medicare. It's going to be shrinking
your paychecks, ladies and gentlemen. And here's something else you
should know. Today's modern multi millionaire tycoons. Who are these people? Well,
(27:47):
I'm going to tell you something right now. Who are
these big multi millionaire tycoons, the fat cats. Well, I'll
tell you this. Listen to me carefully. They're not big
rich Republicans like it used to be when you hunt,
when you go back and parken back to the Great
Depression decades ago, that's really no longer the case at all.
(28:11):
I'm going to reveal something to you. Most of them,
listen carefully. Men such as Bill Gates, Warren Buffett, Jeff
Bezo's all donate heavily to the Democrat Party. Up today's
two biggest political parties. Democrats are the richard of the
two statistically households in the United States, with annual incomes
(28:33):
in excess of five hundred thousand dollars per year our
Democrat households. Did you know that? Now, I'm not I
have no problem with people making a lot of money.
That has nothing to do with what I'm talking about here,
But I want you to know that. So when Democrat
politicians start raping about the country being run by rich Republicans,
(29:00):
obviously they're not telling you the truth. They're they're looking
at themselves in the mirror. That's who That's what I
want to let you know. Now, don't get me wrong,
Please don't get me wrong. This is not class envy.
This isn't anything you know. You're not supposed to honor,
you're you're not supposed to be jealous of your neighbor's goods.
(29:22):
You know that. So don't get me wrong. I'm not
talking in that vein. There's nothing wrong with working hard
and providing a good life for you and your family.
Nothing wrong that, nothing wrong at all. But by the
same token, when left wing Democrats make it sound as
(29:42):
if Republicans are a bunch of fat cats feasting on
the sweat and work of others, it's not true. It's
just not true. Here in the land of milk and honey,
ambitious people can rise from rags to riches, and many
do within our economic system. That's the beauty of the
(30:03):
United States of America. God bless America because you can
be born in rags and end up in riches, but
it's usually rich Democrats. You are the ones becoming wealthy
on the backs of four people and other parts of
the world. Now, I'm certainly not bashing wealthy entrepreneurs who
(30:23):
find success in the American workplace. I'm not. I'm not
bashing that. I'm instead saying, work hard and develop American
talent and opportunities here in the United States for our
own people first, and for others who come here legally
(30:43):
and seek to become part of the American dream. That's
where I'm coming from. I'm more concerned about those who
seek the use or use the wealth of a blessed America.
They want to use our wealth but exclude Americans from
participating in great ideas and opportunities. That's what I'm fussing about. Anyhow,
(31:09):
as we approach election day twenty twenty four, I just
felt it important to remind everyone, as Donald Trump says,
when we hear him say make America great again, we
know what he means. We don't want to lose our
country to a handful of sleezy left wing politicians seeking
to enrich themselves on the back of the working poor
(31:32):
by making empty promises and destroy the American middle class
in the process, because that just wouldn't be right, would it.
That's the issue there. In other words, we have opportunity.
This is the land of opportunity. If you come here,
you apply yourself, and you work hard, then you will
(31:54):
do well back after this.
Speaker 1 (31:56):
We're just trying to turn ankel into a time. It's
the bottom line.
Speaker 4 (32:05):
This is Gene Valerati of Ascent Growth Associates. If you've
been watching recent news, a few banks have had a
run where customers panic and withdraw all their money at once,
causing the banks to fail. If that isn't worrying enough.
On January first, twenty twenty three, the Federal Reserve set
(32:25):
a new low reserve trumpch for net transaction accounts to
six hundred and ninety one point seven million dollars, meaning
that banks with net transaction account balances up to this
amount are subject to a reserve requirement ratio of zero percent.
(32:46):
You heard me right, zero reserve requirements forget fractional reserve banking.
How about zero reserve banking? Why would the federal reserve
create this environment of a certainty. If this is of
concern to you, and it should be, we can show
you how to protect yourself and how to locate and
(33:07):
utilize financial institutions with very real reserves, not zero reserves.
Give us a call an Asset Growth Associates one eight
six six seven two eight three six nine seven. That's
eight six six seven two eight three six ninety seven.
You can also reach us locally in Beaumont, Texas by
(33:30):
dialing four oh nine eight four oh sixty nine hundred.
Give us a call.
Speaker 3 (33:35):
You'll be glad that you did.
Speaker 1 (33:36):
We're just trying to turn ankel into a dime. That's
the bottom line.
Speaker 3 (33:43):
Welcome back, ladies and gentlemen you're listening to that's the
bottom line. You're weekly broadcast on KLVII. That tells it
like it is. You know, when you listen to this
weekly broadcast, we talk a lot about investment risk tolerance
and also how we operate in our practice an Asset
(34:03):
Growth Associates. Now, some say men are more willing to
take risk than women are. Others say wealthy individuals are
often more willing to take risk than people of modest means,
as is usually the case. However, we have found in
our practice an asset growth associates. That's where we work,
(34:23):
that's where we earn our living during the work week.
There is no way to generalize individuals when we talk
to them about setting them setting money aside for both
current income and future growth. It's true some people are
willing to take more financial risks than others. Money however,
want no risk at all. Years ago, when I was
(34:48):
in high school, a friend of mine told me how
his grandfather had gambled away the deed to the family
home in high state's poker game. If I was ever
to generalize, I would say most people would not be
willing to bet the house in a card game, but
some do so. I guess some people are willing to
take more risk than others. But the rule has always
(35:11):
been that we should never invest more than we can
afford to lose. You know that you've heard that all
your life, and this is why we encourage a percentage
of your investment program to be included in what we
call principle protection plans that earn market linked returns. Without
(35:38):
exposing those returns once they're credited to your contract from
losing it. Once you get the money in your account,
it stays there. That's easy to understand. It's not going
to evaporate during the market downturn. Plans linked to market
indices to accumulate value contractually contract you have a contract
(36:01):
to guarantee they're contractually guaranteed not to lose money during
the mark a downturn. We have plenty of those anymore,
don't we a lot of them. Then every once in
a while we get a great, big one and it
takes years to get back to where you were. You
don't want to go through all that. You don't want
that to happen a year or so, or six months
(36:22):
or maybe a month after you retire, to lose everything
at a big downturn. Proper planning prevents poor performance. Listen
to me. We encourage anyone listening to our broadcast to
call us soon this week. Don't wait our phone number
four oh nine eight four oh sixty nine hundred toll
(36:45):
free one eight six six seven two eight three six
nine seven. You call either of those numbers, you schedule
the time to visit with us. We can also be
reached online at savemiretirement dot com. Call us. Our company
is Asset Growth Associates and an asset growth Associates. Our
(37:11):
job is to help you manage your investment portfolio and
to build your nest egg for future use and have
something to fall back on if time's worsen. So listen
to me carefully to find out what your risk tolerance is.
Log onto our company website, save Byretirement dot Com, answer
(37:35):
a few questions, and this will take interested parties to
our website where they can participate in a computer exercise free.
The simple exercise identifies individual risk tolerance for an investment strategy.
You may be willing to take more risk than someone
else or vice versa. That you if you've give it
(37:58):
a number to build your investment strategy on, that's very helpful.
Now once you have that number, you can use it
to manage your portfolio. In other words, we will manage
it for you. You're gonna we're gonna give you the
the percentages of the risk and reward, and you're gonna
(38:19):
have a pretty good idea what the outcome is gonna be.
Remember it's it's it's often not how much money an
individual makes, but how much money here or she is
able to keep. Now, we do it all at Asset
Growth Associates. That's what we do for a living, and
that's why I'm talking to you about it today. I
want you to call us four oh nine eight four
(38:41):
oh sixty nine hundred. That's our local number the Beaumont,
Texas area. You call that number, we'll answer the phone.
Call free one eight sixty six seven two eight three
six nine seven. Or if you've got a computer, log
on to savemy Retirement dot com. You'll find us there
just as well. So anyhow, take advantage of it. Come
(39:05):
in talk to us. It costs nothing to learn more
about how to save your retirement. We've been doing this
for decades. We've got lots of lots of people that
have built building their nest eggs in these plans. So
don't be afraid to call four O nine eight four
oh sixty nine hundred and we will help you save
(39:26):
your retirement, because that's really what we do for a
living when we're when we're not on the radio. Okay,
save my retirement dot com, reach us online or call
us four oh nine eight four oh sixty nine hundred
and we'll be glad that you did. We'll be back
(39:48):
with a bit more before we close out today's show,
So don't wander off. We're still here. We've got more
message coming your way. Stay tuned.
Speaker 1 (39:59):
We're just trying to a neck in die. That's the
bottom line. We're just trying to turn a necke in
what die.
Speaker 5 (40:10):
That's the bottom line.
Speaker 3 (40:26):
Welcome back, ladies and gentlemen. You've been listening to that's
the bottom line. Your weekly radio broadcast on k LBI,
that tells it like it is. And listen to me.
If you've tuned in late, if you wanted to wish
you could have heard more of this show, I want
to remind you you can hear us anytime you want,
simply by logging on to uh savemiretirement dot com or
(40:52):
that's the bottom line radio show. Either way you'll find
they'll find the most recent and past shows that you
can listen to and get the information that you need
that will help you build a good portfolio and good ideas,
and we will encourage you to come in and visit
(41:15):
with us and become our clients so that we can
help you build that portfolio, give you some financial security
in a crazy world. That we live in. Right then,
let me ask you this. Do you know what financial
independence means? Well, here's a hint. Financial independence means you
(41:35):
have the ability to meet your financial goals, whatever they
may be, goals such as providing for your children's education,
being able to retire comfortably. What provisions, if any, have
you made toward being able to handle financial emergencies they
come up? You know, at Asset Growth Associates we are
committed to helping our clients answer those questions. If those
(41:57):
wild swings up and down on the walls. I's free
to have you slightly or even moderately concerned. I want
you to take the time to call us at Asset
Growth Associates four oh nine eight four O sixty nine
hundred or toll free one eight six six seven two
eight three six nine seven, and you take the first
step to achieving financial independence. We're either just a phone
(42:22):
call or a click away at on online at save
my retirement dot com. Well as happens every week we
start running out of time, I want to remind you
that you can listen to the shows when they're broadcast
(42:42):
on klv I, or you can listen online. Either way,
we're broadcast at six am on Saturdays and at eleven
am on Sundays. At any time you want to listen
at savem Retirement dot com on the Internet or just
(43:03):
log in there. That's the bottom line radio show. You're
gonna find us there too. I'm glad you shared this
time with us this morning. I hope it was worth
your while listening. Meantime. God bless you, God bless freedom
loving Americans everywhere. See you next week.
Speaker 1 (43:20):
Okay, that's the bottom line.
Speaker 2 (43:26):
You can reach asset both in Siciates by calling one
eight six six seven to eight thirty six ninety seven
are by visiting Savemiretirement dot com
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