That's The Bottom Line 03/08/25

nine hundred. My name is Jeff Lewis your guest host today. I'm an invest in advisor representative at Asset Growth Associates. We have offices located in Dallas and right here in Beaumont, Texas. We offer investment, pension and retirement planning services, as well as personal and corporate income tax preparation. We also assist people with their medical insurance options as they transition onto Medicare. In short, we do it all here at Asset Growth Associates.

We've been servicing our clients in Texas and Louisiana for several decades now, including representing our clients who may be having difficulty with the irs. We're often able to negotiate a tax settlement or possibly to help you end up owing nothing at all, giving you a financial fresh start in your relationship with the federal government. Wow, what a week it's been. There's so much to cover, but obviously the dominant story of the week is President Trump's address

to the Joint Session of Congress. Today, We're going to do something a little different than we've done in the past on this show. We'll break down some of the key moments clip by clip of Tuesday night speech and talk about what we've learned. Later on, in our solutions segment, we'll review some ways in which you can protect your wealth while still potentially earning market level rates of return.

your seat. Finding that members continue to engage in wilful and concerted disruption or proper decorum, the Chair now directs the Sergeant at Arms to restore.

mister Green out of the building. Al Green, the representative from the ninth District of Texas, which is composed of parts of southwest Houston between Sugarland and Pearland, now faces censure for his actions Tuesday night, which in later statements he seemed to embrace as part of a larger resistance movement against the President. Green has been the center of scandal before when back in two thousand and eight, he was accused of sexual assault by a former staffer named

to Send to Daniels. While Green, who was sixty one years old at the time, admitted to a quote romantic encounter, Dangels would retract their allegation a decade later. Meanwhile, al Green has been preparing articles of an impeachment against the president.

Who knows, maybe a third time's the charm. So anyway, as it turns out, while the Democrats were holding their sit in protest on the floor of the House, President Trump dared interrupt it with a speech to the American people, a pretty good one, as it turned out, depending on

if he trusts CNN or CBS. More, the two news organizations had anywhere from sixty nine to seventy four percent of viewers approving of the speech, which, if you factor in their usual pulling error, that probably means it's closer to about eighty percent. The President started off with the victory lap of sorts, focusing on his success when solving the border crisis, isn't it I mean, after all, we were told for years that we couldn't actually stop illegal immigration.

I mean, wouldn't that take what was it again, legislation.

and certainly will not cheer for these astronomical achievements. They won't do it no matter what. Five five times I've been up here. It's very sad and it just shouldn't be this way.

And then finally, finally, and maybe most terribly, the Democrats who couldn't find it in their heart to stand for objectively good things, including the ninety five year old mother and mark of Mark fogel And who got rescued from a Russian prison. And they couldn't even stand up for that. I thought Democrats came into this speech lost and defeated by Donald Trump, and today it looks to me like they're even more lost and even more defeated to win.

hundred er visit Savemretirement dot comm do it today. Taxes 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 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.

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wasn't technically a State of the Union. That term is reserved for after a president has been in office a year, but it's basically the same thing. This is the kind of sort of thing that makes people upset at Washington.

When you can just call it the State Union, We'll be fine, As we were saying for the break, Democrats acted badgier than the hungry Dracula during the speech, which was pretty amazing considering the party has been talking for the last three months about how it is going to adopt a more pragmatic approach to the electorate after they

went down in flames last November. Just to give you some background, Democratic strategists met at a comeback retreat last month, where party leaders discussed ways to reconnect with working class voters. According to the documents attained at the meeting, Democrats described themselves as being viewed quote as judgmental, out of touch, and dismissive,

disconnected from everyday people. The solutions, they said, were to embrace patriotism, community, and traditional American imagery, and to reconnect with values like hard work, rugged individualism, and entrepreneurialism, basically to be a rec Instead, the Democrats completely uncut their own strategy with their performance Tuesday night. Trump de arrangement syndrome was on full display before, during, and after the speech.

Take a listen to the Jasmine Crockett of Dallas representing the Texas thirtieth District, who was interviewed here after walking out in the middle of the speech.

Democrats say they want to win back the working class, but they couldn't even stand up for Middle America on the simplest and easiest of applause lines. Instead of demonstrating any sort of reasonableness, the Democrats committed more unforced errors than the Chicago Cubs in a game six was of Steve Martman up in the stands. Let's just highlight some of the working class issues that Democrats refused to support.

Tax LUTs for the working class, fighting crime, destroying cartels, supporting the criminals here illegally apprehending international terrorists, bringing a hostage back home from Russia, and oh yeah, the dreams of a young boy with brain cancer literally from the same city as the old kurmudgeon who got thrown out

like a drunk from a bar. The only time Democrats clap for something was when the President brought up the billions of dollars were spending into Ukraine, prompting this off the cuff response from Trump, do.

one tenth of one percent. Warren had also never attempted to register with the tribe or even identified as such prior to her career in academia. She's been on the defensive about it ever since, and Trump has kept her there. Senator Warren, like many on the left, has been critical of the President's attempts to bring to an end the

russ of Ukraine War. We talked at length last week about the situation on the ground, so it's no surprise that Trump is adamantly opposed to continuing the war, as he stated in the clip, for another five years, a concept that Warren clearly did not reject. Tuesday night, President Trump was also writing the momentum from an earlier communication

from President Zelensky of the Ukraine. Following his sudden and dramatic expulsion from the White House last Friday, Zelensky published on social media Tuesday that his acceptance of several of America's terms have a mediated peace deal, including the mineral deal. He was in the office the Sign when he made the mistake of calling jd Vance the B word. Now Trumpet's vindicated and on the right side of history as he looks to bring to an end the most serious

European conflict in eighty years. The contrast can't be clearer. President Trump and the Republicans are in support of an American centric agenda, whereas the Democrats are forced to stand against them in order to keep their radical base placated. This allows Trump to continually put the Democrats on the short end of multiple eighty twenty issues the president and open himself up criticism during his address. Check out his remarks on Greenland.

cannot outlive. Whether it's retirement or building a legacy, A deferred income plan is the smart way to make your money work harder for you. Call us today four nine eight four oh sixty nine one hundred or visit savemretirement dot com to secure your future income with confidence Act now Financial peace of mind was waiting for you. Guaranteed income, guaranteed peace of mind.

thirty six ninety seven. Or if you live here in the Golden Triangle area, you can give us a call at our local number four O nine eight four h sixty nine hundred.

of in China. And just yesterday, Taiwan Semiconductor, the biggest in the world, most powerful in the world, has a tremendous amount ninety seven percent of the market, announced a one hundred and sixty five billion dollar investment to build the most powerful chips on Earth right here in the USA.

AI technology here in the United States. Other operating partners related to the technology itself include Oracle, Navidia, and Microsoft, with twenty data centers planned for construction. The first two are already being built right here in Texas up in Abilene, Texas will become the AI capital of the world, which my fellow DAWs cowboy fans will agree. We already have that market corner as launched. Jerry Jones owns the team.

But all that are intelligence artificial, but I digress. Next, Trump outlines a whole landfills worth of wastele spending thanks to Elon Musk work over at DOJE. Be advised this is a longer sound clip here we go.

Indigenous peoples and Afro Colombian empowerment in Central America. Sixty million dollars, eight million dollars for making mice transgender.

of such systems is basic common sense. Democrats claim that widespread fraud in Social Security doesn't exist. However, government reports show otherwise. Last year, the Inspector General's report showed that the Social Security Administration reclaimed nearly five billion dollars in overpayments in twenty twenty three alone. By the end of the year, there still remained another twenty three billion in overpayments money paid out in error that is yet to

be returned. That's literally three hundred and forty three dollars per person on Social Security. Now that's a heck of an error, but it's still not enough to get us to the finished line when it comes to the budget. That's why growing the economy and tax reform are so important going forward. Make no mistake, these reforms are popular. Americans understand the necessity of being able to pay the

country's bills. Trump even trolled Democrats on the widespread support for Elon must work at dooge with this little side comment, thank.

income steady. Take control of your financial future. Let's make your money last longer and work smarter for you. Call four to oh nine eight four h sixty nine hundred today or visit savemretirement dot com to schedule your free consultation. Your investment deserves a plan as unique as your goals. Smart investments, smart times strategies.

us a problem that literally had no solution. I mean that was the answer, no solution, which always blew my mind because I be like, why the heck are you giving us a problem if there's no answer to it to begin with. And that's the way retirement feels like. Sometimes you're stuck with a problem and they're just ain't a good answer for it. Fortunately, you don't have to feel that way anymore, and that's why we have this week's solution segment. We generally get two types of people

here at Asset for Associates. Some folks sit down with me and tell me just how much they love the stock market.

you're probably a good candidate for our advisory services. We can help you to sign an investment strategy that lets you ride all the ways from crest the trough, serfs up and will help you stay on the board. Now, the other type of person comes into the office and is more concerned about how the market works. Maybe they're just scared by it or simply don't understand it, or

just don't even want a fool with it. Maybe you're really close to retirement and you don't have the luxury of years to recover if the market doesn't do exactly what you expected to do for an extended period of time. If this is you, I'm willing to bet that you're well suited by a principal protection plan. A principal protection plan is a plan where your principle is never at risk.

You're only risking your rate of return, whereas in a conventional investment account you risk both your principle and your rate of return. Here's an example. If you have one hundred grand and you lose thirty percent, you end up with seventy thousand. If you didn't gain thirty you're only back at ninety one thousand, not one hundred. In order to just break even, you'd have to earn forty three percent.

This is why principal protection is so important. Hey, if you're a regular listener of the show, you've heard us talk about a lot of this stuff before. One thing you may not be aware of, though, is just how many different ways a principal protection plan can make you money. How is your return calculated? And do you have control over it. The answer to the second question there is simple. Yes, you have complete control over the method by which your

return is allocated. You can change it from year to year. It's totally up to you. But to make that decision, it helps to understand the different options you've got available to you. The first thing you need to know is that you have what we call a zero four. That means, no matter what, you can't lose money, as in, your rate of return cannot be negative. That's actually a pretty positive thin. Now, some plans, not all, also call for a ceiling or a cat it sores as an upper

limit of what you can make a year. Again, not every plan has those, So that's why it's important to talk to someone that's been doing this for decades, like those of us here at Asset Growth Associates. Now, if you want to speak to us, our number locally is four zero nine eight four zero sixty nine hundred and toll free at eight six six seven two eight thirty six ninety seven. And of course, like we keep saying, you can go to savemretirement dot com and check out

a whole range of services that we offer. Again, that number's four zero nine eight four zero sixty nine hundred or toll free eight sixty six seven two eight thirty six ninety seven. And that's Savemiretirement dot Com. Let's talk about what you can do if you have an old four oh one K with a previous employer, or even if you're fully vested in wondering how to transfer your four oh one K into an IRA without having to

leave your current job. Let's start with the basics. If you have an old four to one K from a previous employer, there's a few different options. First, you can leave it where it is, but that often comes with limited investment choices and potentially higher fees. A more common and beneficial option is to roll it over into an IRA.

This transfer can give you a wider range of investment options, more flexibility, and potentially lower fees the what you had in the four o one K. To do this rollover, all you have to do is contact us at Asset Growth Associates to help you open your IRA. We will guide you through the process of transferring to access from your old plan into your new IRA.

available to you. Is not all companies operate, but if they do, it can allow you to enjoy the same benefits as an IRA rollover, like more investment options and potentially lower fees. The key to remember is that whether you're moving an old plan from a previous job or doing an in service transfer from your current employer's plan, both options can help you simplify your retirement savings and put you on a path to more growth and more flexibility.

So take a moment to look into your options and give us a call at four h nine eight four h sixty nine hundred to make sure you're making the best choice for your situation. You're in control, and it's never too late to make your retirement start working harder for you. I'm Jeff Lewis, and you're listening to That's the bottom line on News Talk Radio AM five sixty kl v I.

demand online. Again, if you decide to contact any of us here at Asset Growth Associates, give us a call at four oh nine eight four h sixty nine hundred or toll free at eight sixty six seven to eight thirty six ninety seven. Our physical address in Beaumont is at thirteen ninety one Calder Avenue, a block from the intersection of MLK and Calder. I hope that you had some fun with this week's broadcast.

if they keep quit working. Is your money enough to see you through? If you have a retirement account that's been sitting around and you don't know what to do with it, well, chances are we do. This is what we do, and we do it well. If you're wanting to be actively involved in the market, especially with the change of administrations, our advisement services can help a design a portfolio that suits your risk tolerance and return expectations. If you're a little more tentative when it comes to

general investing again, there's nothing to worry about. We've got your back at Asset Growth Associates. We've got the experience and name you can trust. We know how to handle your money consistently, safely, and always with your best interest in mind. If you're turning sixty five, we're looking to come off your group insurance when you retire. We've got answers for your Medicare questions. We know it's no joe. The federal government is fantastic at making stuff as complicated

as possible. And guess whose fault it is. If something gets screwed up, it ain't Uncle Sam's.