That's The Bottom Line 03/30/24 - podcast episode cover

That's The Bottom Line 03/30/24

Mar 27, 202444 min
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  • f you have any unanswered questions, please contact Asset Growth Associates Tax & Retirement Advisors located at 1391 Calder Avenue in Beaumont. You can also email [email protected] or phone (409) 840-6900.

Transcript

We're just trying to turn a neck. Do what dime. That's the bottom line. Welcome to real honest talk about money, politics, news and information you can actually use. Buckle up and hold on tight. This is. That's the bottom line. The best day the life of breed, but you can get them to the bad and be the follow everyone everywhere welcome this is. That's the bottom line with yours truly, jene baalleret your weekly radio broadcast that tells it like it is on k l v I five sixty a m

Saturday mornings at six and then again on Sunday mornings at eleven. And you can listen to this show anytime you want by logging on to either Savemyretirement dot com or simply get online and log onto. That's the bottom line radio show. Because we're all over the internet as well, we want to welcome those of you who listen to that report each week on the internet. On the

Internet. I am a partner at Asset Growth Associates. Asset Growth Associates has 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, 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

times negotiating a fresh start too. As I said, we do it all and have been serving our clients in Texas and Louisiana for decades. On today's report among our topics this Easter weekend, we plan to open our report with an Eastern message of goodwill, much needed for this troubled world that we live in now. Today's Dirty Little Secret exposes the hypocrisy of the Biden administration turning its back on America's longtime ally, Israel, a sign of the times for

sure and certainly worth noting. And today's financial Solution segment offers insight into investment opportunities where credited gains in your in your in your contract remain untouched and unscathed during market downturn. And ladies and gentlemen, I'm going to remind you that we can help you with all types of tax returns when it comes to and then when it comes to investing money for future use. Do you know what your risk number is? You can find out by logging on to either savemretirement

dot com or what is My Risk Number dot Com. All you have to do is answer a brief number of questions. The computerized program will assign you a risk number between one and ninety nine, and it'll show you if you're currently investing according to your own individual risk tolerance. Listen, it's a free something that's free to do that we offer. 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. We've got a lot to cover, so let's get started once again. This is jene vala Renty Reporting. Let me open today's report with a happy Easter greeting to all of our listeners. Easter, as you know, is the commemoration celebrated by Christians the world over of Jesus's resurrection from the dead, and in so doing provides the rest of us who follow him that we too will rise from the

dead to eternal life. That's really what Easter is all about. Death is not final, and neither is anything else that plagues all of mankind. During his ministry, Jesus told his followers do unto others as you would want them to do unto you. If only mankind would follow that teaching, what a wonderful world we would all be living in today. Jesus paid the price for all of our sins his death, reconciled sinful mankind with God, and now

all mankind can be saved and live triumphantly in eternal joy. When we see how so many of us are too quick to find fault with others, it shows we have a long way to go. But each Easter is a new beginning, a fresh started nature as well as a new awakening, available to all of us who choose to embrace it. The news today and the days ahead are going to be continued to be filled with turmoil, jealousy, hate

in this unjust world, especially among those who detest peace and harmony. But they, like the rest of us, can choose not to live our lives in such a manner. Almighty God has given every one of us a free will and allows everyone to choose how to live their lives, and that includes the political class as well as the rest of us and those who do evil. While claiming to be doing good. Such activity not only angers many of us, but at all also frustrates those who see evil happening but feel helpless

to stop it. It will be hard to ever find true justice in this world, and the struggle will always be between good and evil. In this struggle, we should always choose to side with good, and when it's too hard to turn the other cheek after being struck by evil, and if the cause is a righteous cause, then it only makes sense to side with good against evil. Even Jesus displayed righteous anger against the money lenders in the Temple.

It goes without saying. We know evil will always be defeated by the righteous, but it will never be easy, and the struggle will always continue until the second coming of Christ. Eventually, he's going to return and cast Satan back into the pits of hell. In the meantime, we just have to make sure we do what we know is the right thing to do. Jesus sold us. If we love God with all our heart and soul, and love our neighbors ourselves, it would be impossible to break any of the

other commandments. We see so much evil in the world, and with each passing day it seems to be getting worse, and this is because there are evil people in this world who work to create evil and turmoil and enjoy hurting others. Some claim they're doing what's right when it's so obvious they're operating to advance evil. And when we see evil, it's our duty to do all

we can to prevent it from occurring and to never side with it. There is plenty of opportunities to prevent evil from spreading, and it can be done when we don't encourage it by ignoring it, which is really the same as allowing it to flourish. But today is really a day for rejoicing because of Christ's suffering and death on Good Friday, followed by his resurrection from the dead on Easter Sunday. That means that all of mankind is redeemed and is available

to claim their place in God's kingdom. It's the free gift of salvation that the Almighty offers each and every one of us, and the sooner we all take advantage of it, the better off we will be, and not only in this world, but in the world to come. So it's our desire to wish all of our listeners are happy and blessed Easter and all that has been made available to everyone, because in the end, that's really and truly

the bottom line. So carpe dm everyone, which is Latin and translated to the English is simply sees the sood have a good Easter weekend, ladies and gentlemen. Meantime, the New York Court of Appeals This is News now lowered President Trump's half a billion bond ordered by that nutty man Hatton judge Judge Aragon down to a mere one hundred and seventy five million dollars last week, which

mister Trump agreed to post. The move stopped New York's over reaching Attorney General Latitia James from four closing on Trump's properties, and the entire ordeal, no matter how you cut it, was too much for what amounts to a non crime to begin with. And what the Democrat Judge Aragon wanted was to try and bankrupt Trump, as did New York's over reaching Attorney General Letitia James, who wanted to seize Trump's properties and sell them for pennies on the dollar.

Oh boy, you talk about an assault on people. But soon there will be more made up, fabricated charges against mister Trump by another loony New York judge, that's Judge Jon Marshawn. He's going to do that on April fifteenth. That's the hush money trial for the so called payment the Stormy Daniels that sees the stripper, and you know the Trump paid her, paid her money, which she accepted. And it's an expired misdemeanor that the Manhattan Prosecutor,

Alvin Bragg is managing to turn into a felony by manipulating the charges. Its election interference and smells of New York's corrupt judicial system. But this is how New York Democrats work, and it's part of their goal to Trump from being able to campaign for president by keeping him tied up in courts for as long

as possible. It's all a foregone conclusion that the New York legal system has been overtaken by corrupt politicians who allow real crime waves to run wild while using all the weight of the law to be illegally applied to former President Trump as happens in communist countries. But then you know that's what they do. That's their whole goal. Their whole goal is to prevent Trump from becoming president again. And that's what they do for a living. They twist the law,

to break the law and to make a mess out of everything. My gosh, do they need a little bit of a religious awakening back with more after this. We're just trying to turn a nickel into a dime. That's the bottom line. 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 help you. Ladies and gentlemen can call us whole free at one eight six six seven, two eight three six nine seven. We're just trying to turn a nickel into one dime. That's the bottom line. We will move now from them, we will move. People can't even walk the street big in the moon of meat. That welcome back, ladies and gentlemen you're listening to. That's the bottom line.

Your weekly broadcast on k LBI. That tells it like it is. Listen, last couple of weeks, I've been giving some word out here to self employed tax payers the COVID nineteen self employed tax credit that's available is going to expire on April fifteenth for your twenty twenty tax return. Now, what does

that mean if you could not work? Let me explain. If you did not work or could not work due to the COVID nineteen related circumstances such as illness or the need to care for a dependent or relative, you can claim those lost days of business for tax credit and potentially get a refund for taxes that you paid back in twenty twenty. But all that's going to expire this year, so you have to act fast. I want you to call us

four O nine eight four h sixty nine hundred to discuss your situation. We can file an amended tax return to claim any tax credit you may need. You can call the office four O nine eight four h sixty nine hundred and talk to our tax specialist, John Kariba, and John will be able to tell you everything you need to know about what's going on. Well, next time, the Perils of Trump will be the resurrected misdemeanor turned felony by another

looney Democrat prosecutor, Alvin Bragg, the Manhattan District Attorney. This is the case where stripper Stormy Daniels claim she we had a one night's stand with Trump over twenty years ago, and Trump allegedly paid off Stormy Daniel's blackmail attempt by paying her one hundred and thirty thousand dollars to husher up about the alleged one night's stand when he was running for president back in twenty sixteen, and for

which Trump denies the one night's stand ever happened. Her lawyer at the time, Michael Avanati, you may recall, was famous for blackmailing people and he represented her. Avenati in another blackmail's scheme ended up in prison, and this morning he still remains incarcerated. He's going to be in prison until October fourth, twenty thirty five. Well, Trump's lawyer at the time was Michael Cohen. I know you've heard that name co who actually wrote the check. The

Stormy Daniels on behalf of Trump. Okay. Meantime, Alvin Bragg, the Manhattan da who reportedly was financed by George Soros to resurrect the nearly two decades ago case, has managed to get an all Democrat Manhattan jury to indict Trump on this case, which is long past the statute of limitations by claiming he has evidence to show the cases of felony. So mister Bragg says, hey,

wait a minute, I can turn a misdemeanor into a felony. But as of yet he never said what the felony charge is, and Bragg's main witness is disgraced and disbarred attorney Michael Cohen, now an ex con himself who was convicted for lying to Congress about a falsehood Trump was planning to build a new Trump Tyron Moscow during those screwball, NonStop days of crazed accusations during Trump's first term when Democrats were falsely accusing mister Trump of being a Russian agent.

So once again, Trump will face a Democrat judge in Manhattan jan marchhand to stand trial for an unnamed felony conjured up by a Manhattan da Alvin Bragg, which has all the appearances of another Democrat plot to interfere with Trump's candidacy for president, bought and paid for according to published reports by ex Nazi collaborator turned

Democrat team maker George Sorows. So, the stage is now set to continue yet another assault on Donald Trump to interfere they want to keep interfering with the twenty four presidential election and what the Democrats hope to gain by putting Trump on trial, this time in front of an all Democrat man hat and jury and another Democrat judge who, by the way, also continues to scold Trump from

the bench and has already denied Trump a change of venue. It keeps increasing the odds against Trump getting a fair trial, and the anti American news media disappointed a Trump's appeal at reducing his half a billion judgment by the other Trump hating Manhattan judge, and Gorin has something new to be happy and excited about in Trump being forced to face another Democrat judge. In other words, the Trump haters are just all Gidley jan Marshand, who, like Gon has all

the harmmarks as I said of another Trump hating jurist. When Trump goes on trial April fifteenth, so we know going in the odds against the trial being fair are slim, but it does give the Trump hating New York news media another opportunity to be excited and happy to look forward to. If Trump can't find a way to postpone this upcoming trial, then we know what the verdict

will be. But then again, the battle between good and evil or justice and injustice ultimately, you know, good usually prevails, but not before evil does a lot of damage. And keep something else in mind what we're experiencing right now with all these trials and prosecutions of Donald Trump. Listen to me, it's all the fruit of the poisonous tree. And once the tree is poisoned and the primary evidence is illegally obtained, then the fruit of the tree

and any secondary evidence is likewise tainted and may also not be used. So this means that even if Prosecutor brag and Judge Marshand get a Manhattan jury to convict Trump, it will all be eventually thrown out or overturned because of the poisonous fruit it grew from. The problem would be that if it succeeded in election interference before being thrown out, that's the problem once you know it's eventually

going to all be thrown out. But if they manage to get a conviction before it goes through an appeal process, then it'll be too late, right, But even that wouldn't be enough to prevent the truth from all prevailing. And they also this trial is going to just go on week after week after week. It'll keep Trump from campaigning, and that's really what they want. They want to keep They do not want him to be able to campaign because

if they would, they're afraid if they had nothing to campaign on. So they want to eliminate the one person who's leading in the polls right now, and that's Donald Trump. So that's how they operate, right We know that already. There's an old saying which suggests it's not a good idea to put all your eggs in one basket. It makes sense to have part of a nest egg placed in an account that eliminates taking on the risk of losses caused

by market downturns. And this is why we promote using principal protection. We'll be back with more after this. We're just trying to turn a neckle a die. That's the bottom line. 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 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? Dot com? We're just trying to turn a nickel into a die. That's the bottom line. Welcome back, ladies and gentlemen you're listening to that's the bottom

line. Your weekly broadcast on KLBI that tells it like it is. You can hear this show Saturday mornings at six a m. And then again on Sunday mornings at eleven am. And any time you want cynthy by logging on to either Savemyretirement dot com or just log onto. That's the bottom Line radio show. You'll find us all over the internet. Now it's time for what we call the dirty little secret. And here is today's dirty little secret.

As everyone everyone should be aware of. Recently, many of the Democrats in the US House and Senate have turned their backs against Israel in its war with the terrorist organization Hamas Prohamas. Muslim democrats in the US Congress and their constituents in the US are putting pressure on the Biden administration to stop helping Israel in

its spight against the IMAS terrorists. Israeli Prime Minister Benjamin Nettina, who said recently, you cannot say you support Israel's goal of destroying Hamas and then oppose

Israel when it takes the actions necessary to achieve that goal. President Biden apparently is more worried about losing Muslim votes in Michigan than he is of supporting Israel after Hamas's attack on innocent Israeli's attending a concert last year, where pregnant Israeli women had their stomach split open and the steel alive fetuses slaughtered, and while other Jewish women were raped and then murdered, as were the men and some

of the hostages, and some of them are still being held by the terrorists. But Biden apparently remains more concerned about losing Muslim votes in Michigan and elsewhere than he is with helping Israel finish its goal of destroying the terrorist organization AMAS. Former President Trump remains committed to the US alliance with Israel, while Biden

slowly is turning his back on the Israelis. Of the thirty thousand casualties in Gaza thus far, thirteen thousand of them were Hamas fighters, and that's according to the Wall Street Journal. But that's apparently not what they want to hear in Dearborn, Michigan's heavy Muslim population. And I've said this before. You may have heard me say this, But what's hard for me to understand is how some people from Muslim countries who come to America cannot cut ties from where

they came from. The United States is primarily a nation of immigrants. If everyone who came here from another country remained loyal to the place they came from instead of their adopted homeland, then maybe they'd be better off going back, going back to where they came from. Now, there's nothing wrong with honoring an ancestral heritage, but to support to support terrorist combatants who kill innocent men, women, and children, as well as terrorize and starve their own people

is quite a different story. As for Biden in his political class being afraid of losing a handful of votes instead of doing the right thing, well, that speaks for itself, doesn't it. Everything occurring nowadays defeats the whole purpose of freedom and justice here in the United States. More than a century ago.

Now it was Teddy Roosevelt who said we Americans cannot achieve greatness if we become a nation of angry nationalities fighting among ourselves, and he was right in my opinion, and that thus far, Biden and his administration continues to damage everything which has made has made America great, and he just keeps what everything he's doing seeks to divide America into political factions, to build animosity against one

another by always being critical of his fellow Americans who support and voted for Donald Trump, by calling them mega Republicans in a derogatory tone. Biden, in my opinion, isn't a good leader who can inspire others. He operates on a strategy of divide and conquer, in fact, the whole philosophy of the left, and unfortunately that's what their philosophy is. It's really an anti freedom

philosophytic practice inside socialism and communism. And this business of twisting the law to go after Donald Trump is an example of how communism attempts to turn people against one another. There's nothing good that can come out of operating this way. It's one thing to compete fair and square with a political opponent and may the best person win. But it's certainly an American to try and twist the law to the point of breaking the law, as the Biden administration is now doing

to destroy Trump. You know, these prosecutions of people like Letitia James, Fannie Willis, Alvin Bragg, Jack Smith, you know, all they're all working together. They're coordinating their prosecutions of Trump at the White House. They have meetings in the White House with Biden officials. It's really despicable. It's it's it's un American activity that should be shunned by honest Americans and ladies and gentlemen. I'm telling you that's what's going on. That's that's that's really the

bottom line. I don't know. If we don't get it together, we're going to lose this country. This country just going to be taken over. We're going to be a socialist country. And then yeah, then they'll they'll be an equality because they're going to take away everybody's God given talents, the incentives to work hard and get ahead in life. They don't want you to do that. They want to put all of you in public housing, all of us. That's what they want to do. They want a two class

system of the haves and the have nots. So we better be very careful when we go out the boat. Because I've said it many times, I'm saying it again. This what's going on today. This is not your grandfather's Democrat Party. It's completely different. And I think most people are aware of it. And if you're not, you better pay attention. And here's something else. I think most people watching financial events nowadays understand the risk versus reward

challenges associated with investing money now for future use. Given the political challenges occurring in the present US economy, especially for those of you nearing retirement or already retired currently, I want to let you know this. We offer plans which use a combination of a combination of market and fixed interests returns, and it costs nothing for you to learn more about these plans that we offered Asset Growth Associates. I want you to think ahead and take a look at the strategy

for investing money. I want you to call us four to oh nine eight four oh sixty nine one hundred and if you live in far away places, you can call on the toll free line one eight six six seven two eight three six nine seven. You call us you make an appointment and we can help you simplify your investment strap. Jeez, okay, I've got a lot more to covert. Don't go away, be right back after these messages. We're just trying to turn a nickel into a dime. That's the bottom line.

This is Gene Valerati of Asset 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 a new low reserved 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. 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 uncertainty? If this is of concern to you, and it should be, we can show you how to protect yourself and how to locate and 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 dialing four oh nine eight four oh sixty nine one hundred. Give us a call. You'll be glad that you did. We're just trying to turn a nekel into a die. That's the bottom line. Welcome back, ladies and gentlemen you're listening to that's the bottom line. Your weekly

radio show on KLBI, that tells it like it is. And now it's time for a financial solution, because if you're thinking about retirement at perhaps kicking back, or maybe even to begin pursuing things you might enjoy doing doing more of it, it's time to also be thinking about a dependable income strategy for

your future. And one way to initiate a discussion about the future would be to come in and visit with us that Asset Growth Associates, where we have plans to both meet and simplify your retirement goals as well as your needs. The stock market can be a fickle mistress, especially after retirement, when plans designed to grow an account begin a liquidation procedure to pre a monthly income or

to provide money for other pursuits. For anyone nearing retirement are already retired, now's the time to schedule a time to visit with us at Asset Growth Associates and allow us to share some ideas with you that have helped others in the past, plans which are designed to both grow an existing nest egg as well as to help provide a steady stream of income well into the future and beyond

that money flow coming into you and your family that cannot be outlived. You know, a journey of one thousand miles begins with the first step, which is in our case in your case, is making an appointment with us at Asset Growth Associates. You do that by calling four oh nine eighty four sixty nine one hundred, or if you live far away, you want to call in toll free. The toll free numbers one eight six six seven to eight

three six nine seven. Either number puts interested parties and sits in touch with us at Asset Growth Associates where we can show you how to continue growing an

account and enjoying a stream of income. We use plans index to the financial markets to build values, either using traditional market linked accounts or market link principle protection strategies which earn returns which without being exposed to market linked losses, plans which help provide you with the necessary cash flow to help you have the money necessary to enjoy those retirement years, or plans to just grow an est egg

and have access to money as different needs occur. Were we offer plans which are paying pays an upfront bonus and that money then in the first year, coupled with fixed interest can provide can provide a good head start to on a new account if you head start. You know, these plans are risk free.

That's that's the advantage. The markets go up, the markets go down, but you don't have to worry about losing money if you're in one of the principal protection accounts that you hear me talk about a lot on this radio broadcast. We also we also can offer, uh, you know, you can put money in the stock market. We provide those types of investments as well. But we have a tendency to talk to people who maybe you're a little bit afraid of losing value and when that when when when they do not

want to to market risk. We have these principal protection accounts that gather and gains when the market's up, but they don't give those gains up whenever the market has a downturn. And everyone knows the market goes up, the market goes down, and sometimes it really goes down, and then it might take months or even a couple years or longer to get back to where you used to be, and you don't want that to happen after you retire and you're

living off the retirement funds. Proper planning prevents poor performance, and we put our working knowledge together with your goals to help you achieve a comfortable retirement or to begin a plan for anything that people put money away to grow over time for future needs. The work we do for our clients is dedicated to succeed

accomplishing what makes a difference in both quality and service. For decades, we've been helping our clients in both Texas and Louisiana with their cash accumulation and their investing goals for all the things that people use for setting money aside, whether it's retirement, planning, education planning, or simply designing an investment plan. This is what we do at Asset Growth Associates. I want you to call us four oh nine eight four O sixty nine one hundred or toll free one

eight sixty six seven two eight three six nine seven. And you can also reach us online by logging on to saveminretirement dot com, where you can learn more about what we do here at Asset Growth Associates. So call us, come in visit with us, take the time to learn more about us and help let us help you to manage your portfolio, because that's really what we do for a living. When we're not on the radio. We're eager to

help people and we're committed to help our clients achieve their financial goals. Four oh nine eight four oh sixty nine hundred. Back right after this, where's just trying to turn a neckale in woe? That's the bottom line. Where's just just trying to turn a necklee in woe. That's the bottom line. People. Before we close this morning's report, I want to mention a true super spreader event that began in Israel over two thousand years ago, and why

we're celebrating Easter this weekend. The super spreader event I'm talking about was started slowly in the beginning by a humble and kind carpenter who brought about the biggest change ever in the history of the world. I'm talking, of course, about Jesus of Nazareth, who, by the way, one day will return to finish his work of redemption. Most of his early followers were killed by the cruel Roman Empire, slain and arenas, fed to lions, suffered tortures

too cruel to recount. Yet his words spread and eventually became the predominant religion of the entire world. Sadly, unlike his earlier followers, his followers today are told not to fill the churches on Sunday, either by fear of the government or the failure of men claiming to represent Jesus. Trust me, Jesus is more powerful than the Democrat or the Republican parties. He's more powerful than any disease. He should He teaches us to fear God, and we should

fear God more than politicians. Listen to me. Jesus told his disciples to feed his sheep, and maybe it's time for all of us to simply have the faith of a mustard seed and use that faith to move to move mountains. I want to wish everyone a joyful Eastern. Take care of yourselves, enjoy your families. Time passes quickly, ladies and gentlemen. Before you know

it, we grow old in our family. These days of enjoying your family, being surrounded with your family, they rapidly disappear, They go away quickly. In the meantime, I want to say this before we sign off, Happy Easter. God bless you, God bless your family, God bless your children, and God bless freedom loving Americans everywhere, because freedom itself is slowly coming under assault. You know it, I know it, and that's what's going on in this wicked world. Happy Eastern. We'll be back next week,

so stay tuned. That's the bottom line. You can reach asset growth associates by calling one eight six six seven to eight thirty six ninety seven, are by visiting save my retirement dot com

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