That's The Bottom Line 11/09/24 - podcast episode cover

That's The Bottom Line 11/09/24

Nov 08, 202444 min
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  • If you have any 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

Speaker 1

We're just trying to turn a neckel into a dime.

Speaker 2

That's the bottom line.

Speaker 3

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.

Speaker 1

The best thing in life of free. But you can give them to the bath and be the.

Speaker 2

Line that.

Speaker 4

Bob welcome this is. That's the bottom line with yours truly, Jean Galleradi. Your weekly radio broadcast that tells it like it is on k l v I five sixty a mur Days at six in the morning and then again on Sundays at eleven in the morning. And we also want to welcome those of you who listen to this weekly report online by logging on to That's the bottom Line Radio show or savemiretirement dot com, where you can learn more about us and also listen to past broadcasts

of this program. I'm a partner at Asset Growth Associates. We've got offices located in Dallas, Houston, Beaumont, Texas, where we offer investment, pension, retirement planning services as well as

income tax returns for individuals, families, and businesses. We do it all of 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 as well if they're having trouble with the IRS. As I said, we do it all. We've been serving our clients in Texas and Louisiana for decades and will continue to do so

for the decades ahead. On today's report, among our topics this morning, we take a look at last week's election and the return of Donald Trump to the White House and what it means for we the people. Today's Dirty Little Secret takes an internal look into Trump's presidential victory and what it means for the rest of us, and today's Solutions segment will as always present investment ideas that work for you and your family and are dependable and safe.

And listen when it comes to tax returns. When it comes to investments, listen, ladies and gentlemen, we can help with all types of things to deal with filing tax returns and investing money. So when it comes to investing money for future use, do you know what your risknumber is? You can find out by logging onto our website savemourretirement dot com, or just simply go to what is my

Risk number dot com. You answer a few brief questions, the computer program's going to sign you a risk number between one and ninety nine and show you if you're currently investing recording to your individual risk college. Well, I've got a lot to cover here this morning. I'm want to get started. You know, they used to call former President Bill Clinton the comeback Kid, but after Donald Trump's comeback victory to retake the US presidency, the title of

comeback Kid now belongs to President elect Donald Trump. Of course, one still wonders if President Trump actually lost the presidency four years ago or if it was stolen due to the COVID epidemic and those questionable mail in ballots. Anyhow, that's behind us now. The American voters have sent Donald Trump back to the White House for another term as President of the United States, and that'll be happening in the weeks ahead. Now, will the Democrats work with President

Trump to help get the country back on track. That question remains to be seen, but party politics aside. President Trump is going to take office and his first order of business will be to secure the US border with Mexico and begin the process of deporting criminal illegals back to their home countries, and beyond that, begin the process

of resurrecting the US economy. But the fact that the voters return mister Trump to the White House for another term, ladies and gentlemen, that speaks volumes for the mood of the American people. The American people want to stop illegal immigration from destroying the United States and having all of us live within some kind of a perpetual crime wave. Well that's all going to end. It's not going to

happen now. Meantime, the US stock market welcome back President Trump with a rally on Wall Street, so that that should give all of us hope, the hope that we need that the US economy under Trump will grow and it will prosper. Really, there's no alternative, because the road Biden and the Democrats had the countryOn was the road to perdition. We need the return of a strong economy, and we have the American voter to thank for giving

us to go ahead to mend the economy. Trump is the man to do it, and there's little doubt his renewed presidency will be gangbusters. For the US economy, and on another front, a resurrection, if you will, of American military might in the world to hold back petty dictators and looney leaders from spreading chaos across the globe. So good news this morning, I guess, and all this should be settling down on that front as well. Right with these crazy dictators, they are going to be calming down now.

Trust me. There's nothing wrong with a new period of peace and prosperity returning to the American way of life. So the time being, at least, we won't have to worry about Kamala the Communist from seizing control of the government and corralling the US economy into a long recession. Trump's back at the helm, and he's a strong leader as well as a patriot, strong enough to hold off those who are intent on destroying our American way of life.

Instead of looking into a nation overrun with illegals and criminals and a struggle to get by, well this morning, instead, we've received a new lease on life and another opportunity to make America great again. And you trust me, ladies, and ji, please trust me when I tell you that's exactly what will be on President Trump's agenda. He wants to make America great again. He wants to keep the

country that way. He's going to ignite the economy. He's going to stabilize peace around the world, and most importantly, secure our border from illegals. How long it takes, how much interference he's going to receive from the Democrats remains to be seen. But they can either help begin the work of American restoration or just sit along the sidelines, nagging and complaining about everything. And don't be surprised if some of them aren't already cooking up plans for another

impeachment attempt against President Trump. Albeit I doubt they'll find much appetite for another attempt to remove him from office now, not after accomplishing the biggest return to power in American history. Obviously, this is one for the history books, and with the blessings of Almighty God, the United States will continue its leadership role in the world for the decades and even

centuries ahead. We survived, ladies and gentlemen, We've survived an assault, and we will will still be around to be the leading nation on planet Earth. God willing, so, God bless America, God bless the American people. God bless President Donald Trump. It's good news all around. To begin this morning's report. Yeah, that was really touch and go during the vote count going on the other the other night on Tuesday night, because what they were doing, excuse me, you had the

news media misleading the American people. They were sending out signals that Kamala was ahead, and that was confusing the vote count. Nobody really knew for a while what was going on, and the actual vote counts were coming in and it clearly showed that this was going to be a h This is going to be a landslide, and it was a landslide victory for President Trump, so he

came back. It makes you wonder if what happened four years ago, if that wasn't all just just a plot, uh you know, the cover during the COVID epidemic, and they ever had all they had all these mail in ballots and these dump boxes scattered around the all the big cities and in the big Democrat precincts. Well, it makes you wonder if if indeed Biden actually did win the presidency four years ago, but he certainly lost it here this a few days ago. Anyhow, we've got a

we've got a fresh start in the country. Right now. The stock market just took off like a rocket ship after Trump was announced the winner. So for the for the time being, for the short term between now when he takes office, I guess we could be singing that too, happy Days or here again and have a more optimistic outlook on what lies ahead. And it's all positive right now. It's all it's all good. And I really think it's

gonna be gonna be good for world peace. I think that the Ayatollah's over there and the and the North Koreans and all those people that want to do us in. I think they're gonna settle down for now and just crawl back into their holes and uh, just wait for another opportunity to destroy America. You know, that's just the way it is. So what else can I say. We're moving forward. The American people, the voters, it's spoken. Uh,

it's it's God bless America. We're back in business, ladies and gentlemen, the United States and America is back in business. It's good for you, it's good for your family, and it's for actually for the entire world as far as that goes. So you know, make sure you thank God Almighty for opening the doors for good things to happen, and it's always nice to have good news to report. Instead it happened to tell you how bad things are going,

and I'm really thankful for that myself. Well, we've got a lot more to cover on the show this morning, and we're going to look deeply into what the election was all about, what's going to happen in the future. So I want you to stay tuned because I've got a lot of information to share, Like as always, really have so much, so much time available to share it when we do this weekly broadcast. So you stay here, don't go away. We'll be back in just a few seconds and we'll have a lot more to talk to

you about this morning. So once again you're listening to that's the bottom line, stay tuned for more.

Speaker 5

We're just trying to turn a nickel into a that's the bottom Online.

Speaker 6

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 I R S 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.

Speaker 1

We're just trying to.

Speaker 5

Turn a nipple into one dime.

Speaker 2

That's the bottom line.

Speaker 1

People move from now.

Speaker 3

We will move.

Speaker 1

Pe can't even free.

Speaker 4

Come back, ladies and gentlemen you are listening to. That's the bottom line. You're weekly broadcast on k l the I that tells it like it is. This is Jean Valerani reporting and this this Sunday morning. Uh, we're recapping the the election of President Trump, the reelection I guess you could call it that, uh, putting him back into office and all the good that that comes with that and all the uh the hope for for a much

better future for you and your family. President Trump, he took the time to acknowledge Almighty God for sparing his life twice from assassin's bullets. And he did that again whenever he UH made his announcement of accepting the the outcome of the the the vote he's elected president again. Trump says many people have told him his life was spared for a reason. Was it Almighty God working within the affairs of mankind for the sake of American freedom

and justice or was it just plain luck? You know, we may never know, at least not at this moment in time. But for those of us who believe in the Almighty and believe that God works in the affairs of men, then we could acknowledge the fact that God was looking out for Donald Trump on those on those occasions, whenever you had the assassins and he had, they had him and their crosshairs. You know, from this point of view, true would be assassins attempted to kill mister Trump and

they failed. Trump lives on. He's going to be president again. And so for the moment, the internal march of socialism and communism to roy American freedom and justice has been stopped dead in its tracks. And from the chaos of January sixth, four years ago, to the triumphant return of Donald Trump to the US presidency would be would seem to be something that we would see in a movie theater. But it's not fiction, ladies and gentlemen, not fiction at all.

It's real life. And when we glanced toward heaven, we have to think that somebody up there likes us and there's a legend that claims, now, listen to this. I read this years and years ago, and it's a legend. Let me tell you what I'm going to tell you. The legend that claims that when George Washington prayed for guidance from above during that harsh winter Valley Forge, during the US Revolutionary War against Great Britain, that General Washington had a vision. He had a vision wherein God all

might even revealed a future America to him. America survived its revolution against the English King. We want our freedom and our country has been touch and go for a few centuries now, hasn't it. But we're still standing after all this time, and something has to be said for that. Democrat leaders in the House are already, unfortunately, some of them are already talking about another impeachment attempt, you know, try to stop Trump from taking office. So you know,

they drive me crazy when they do that. So there's there's there, But there's troublemakers. There's still plenty of troublemakers in Washington, DC. That Congressman Jamie Ratcliffe is allegedly a ringleader,

already threatening to try and start a movement. So we have to wait till all the votes are counted for sure, make sure that we've got the Republicans have a majority in the House as well as they said it, they've taken the Senate and they were still accountant votes in the House to see if the Democrats are going to control the House of the Republicans are also going to control the House and I and so if that plays out, it will just be a continuation, in other words, if

we have a split Congress, and it's just going to be a continuation of some of the Democrats causing trouble instead of agreeing with the will of the American voters. Right, the people elected re elected Donald Trump. Hopefully we will just proceed peacefully and cordially as we move into the future. But then there's anyone's guess as to what the political class of the socialist movement has in mind, because you know, they're already talking about trying to not certify the election.

I guess we have to listen to all those squabbles as we move through the next month or so. Realistically, Trump's victory is too overwhelming with and it's true the Democrats may still end up holding the House. We don't know that. As I record the show this morning. But we're hoping that when all the votes are counted that the Republicans will control both the House and Senate, and of course with Trump and the White House, the Republicans

control the White House as well. Know for sure in a day or two, and if they've already announced, if the announcement has already been made, then you already know all right what else is going on. The Democrats did lose the Senate, that's confirmed, and we still have time to sort everything out. Personally, I hope we're not rushing headlong into more and more episodes of rancor between the two political parties in this country. But we'll just have

to wait and see how everything plays out. Hopefully the will of the American people will be strong enough to quell the political rank warp between the left and the right. But then again, as I have learned by now in my lifetime, nothing is easy or ever seems to be. Wednesday morning after the election, most of us were savoring the aftermath of election results and Trump's return to power.

The American voters have re elected Donald Trump, and in their collective wisdom, they expect the political class to work together for the common good of the American people and to just you know, not not to just continue political infighting and hatred toward one another because it's got it doesn't it serves no useful purpose for we the people. What was it that the hippies of the nineteen sixties used used to be singing about, you know, what was

that over the what was that line? Something about give peace a chance. Well, it's more than past time for Democrats and Republicans to shake hands, bury the hatchet, so to speak, and begin the task of working for the common good of all of us Americans. Democrats, Republicans, independence, it doesn't matter. We are all United States citizens. We are fortunate to be citizens of the greatest country on the planet. We've had the blessings of Heaven on our side.

So let's work together and act like we know what's going on. Failure to do so, we'll just delay the opportunity for a successful outcome. You know, at least this is how I see it from my perspective this morning. We live in a capitalistic society. If anyone wants to be a communist, well they should go to communist China, or if that's too far away, maybe moving to Cuba, where they'll get a real taste of what it's like

to live in a totalitarian government. They're waiting for a new hurricane to go buy down there in Cuban the same token. They don't have any electricity there from the last last big power failure they had. That's communism, ladies and gentlemen. We do not need anything like that, right If anyone wants to be a communist, like I said, go to Cuba, go to China. You can get a real taste of totalitarian government if you do that. Looking it this way, so far we Americans continue to survive,

and many of us survive very well. Let's just try to appreciate what we have. Let's work together for the common good, which in the big scheme of things usually means usually means nothing at all. Just talk. I don't know. All right, we've got another break coming up, so don't go away. But one thing I want to say, got a lot more to cover. Stay tuned you're listening to that's the bottom line on KLVI.

Speaker 5

We're just trying to turn a nickel into what that's the bottom line.

Speaker 4

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?

Speaker 1

We're just trying to turn ankel into a dime. That's the bottom line.

Speaker 4

Welcome back, ladies and gentlemen you're listening to. That's the bottom line. You're weekly broadcast on KLBI. That tells it like it is. Now in this weekly report, it's time for that segment that we call the dirty little Secret. I don't know that I have a dirty little hidden secret to reveal during this morning's report, but here's here. Let's have a go out it. Anyhow, here's a question that we need to raise. Now that we know Donald Trump has been given his job back by the American

voters to serve as our president. Will the remaining Democrats willingly work with mister Trump, or will they begin to engage in unending, exhausted bickering that accomplishes nothing but creates more, but could create more ranker you know that that really is irritating. But then what can you do? You know, it's the big question which today is seeking an answer. Are we going to work together? Or are we going

to just stay at each other's throats? Can Democrats and republic things work together in peace and harmony for the good of the country that bore? That would be nice, wouldn't it? Is there an answer? I guess that's what I'm asking. Maybe that's the secret. The secret is there

is no answer. It would be great if our elected officials could learn to work together in the coming years with our new president now new President Trump, now that he's back in office now there's no question about that, and he has allies to help him and Democrats that are going to work against him. That just I guess that's part of the part of the political process. Wish

it wasn't that way, but it is. Wouldn't it be nice if the political parties and acted some kind of they taunt instead of instead of ongoing opposition to one another. Tuesday night, before she announced her concession, Kamala Harris slunk away without saying anything. I guess she's gonna go and see if maybe they had some They found some votes in a box in the seller basement of the courthouse somewhere I don't know. But she finally conceded the next day,

and now here we are. We're back to uh, looking to the future and uh. But what else is working in the background? There are there's talk about Democrats attempting political shanigans to somehow deny mister Trump his victory as president. I sure hope we don't have to be drugged through a period like that again. But I guess politics, being what it is, setting our differences aside between political parties, it's gonna be hot to hard to do. You know.

We just we just don't like to get along. It's it's just it's it's as if politics it's just as if it's one big football game with cheerleaders on both sides of the field. But you know, even in a football game, whenever the game's over and there's winners and losers, the teams congratulate the losing team congratulates the winning team. But for the moment, we the people have made our decision.

We put Trump back in office. The majority rules. Trump is president again, and we the people should just be content that we can choose our leaders and retain our form of government and live with one another in peace. I guess I'm echoing something from the sixties when I say, give piece of chance. But I guess piece is nice. Remember that chance, give piece of chance, and out there and they are protesting that that was the chant during the Vietnam War. That is, if you're old enough, you

might remember that. If you're old enough to remember that far off Asian war, and you know, when I think back on that period of time, you know that was any war. It's like we have the War on Terror, just like Korean War, World War II, the Vietnam War. These wars come and it's it's it's it's life and death for the participants with scarred memories, the soldiers, sailors, the marines, crippling wounds, death of your friends, death of your comrades. Peace is much more important to accomplish than

more than any political conflict. These wars come, they go, and the world goes on, but it leaves behind too many casualties, too many scarred lives, too many too many broken lives. I mean, it's it's it's heartbreaking. We've just got to learn to live in peace and harmony. I'm telling you, ladies and gentlemen, there's no useful purpose. And I think the good thing that now the Trump's back in it's it's going to quell down some of the turmoil in the Middle East, least at least I so,

I don't know. I guess that's between the Good Lord and in his divine plan for mankind. But we do have free wills, and so we can be participants in something coming out good. I think peace is much more important to accomplish than war and political conflict. I'm telling you right now. That's why I say, give piece of chance. Republicans need to shake hands with Democrats generally, try to start working together, listening to one another and too generously.

And you do so generously and for the sake of we, the people of the United States. If political parties are nothing more than the opposite side at the same coin, we should be able to move through time working together rather than ripping one another apart. Anyhow, that's my thought on the subject this morning. In the aftermath of Donald

Trump's come back victory. But I guess it would be more correct to call it the comeback victory for the American people and the free enterprise system that we live in, because you've got to have a free enterprise system to prosper, and you have to have a strong middle class for any society to prosper. But as has been said since an old man like me can remember, and I am getting old, ladies and gentlemen, the only thing we learned

from history is that we learn nothing from it. Wars, rumors of wars, conflicts with one another, you name it. We repeat the same mistakes over and over again. And what's worse, sometimes we know we're making a mistake and we do it anyhow. All that said, let's be thankful for the moment the Republic is saved, and we'll survive for decades to come if we're a serious people with a desire to care for our families and friends and be responsible citizens, and above all else do unto others

as we would have them do unto us. You know, the good old golden rule. Now listen to me, Maybe getting along with one another would be a good first step in completing that more perfect union we always hear about. When all that aside, we should all breathe a sigh of relief that we have put a businessman back in the White House and not a socialist. Kamala Harris is a socialist. You know she's going to still be around, but she's not going to be the President of the

United States. Communism, Communism is the enemy of free enterprise. Communism is the enemy of prosperity. Communism and it's evil twins socialism or the enemies of the middle class. And that's most of us. Listen to me. For a society, for a society the prosper it requires a strong middle class. If you don't have a middle class, if you don't have a class in the middle that really are in your wage arders and your consumers and so on and so forth, then what you have, you've got a society

of the haves and the have nots. And if you're if you belong if they if you get end up dump dumped into the society of the have nots, then you know you're just a peasant begging for bread. That that's that is not a good workable plan for for for any country, for for for anything. So we have to we have to hold on to this middle class of ours. We have this strong, strong, competitive society. That's that's the real political secret to building a fair and

robust society. So I presume it's fair to say we've survived to fight another day in the retention of a free and prosperous America. Okay, ladies and gentlemen, I'm going to be back with more. Don't go away.

Speaker 2

We're just trying to turn ankee to a dime. That's the bottom line.

Speaker 4

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us a call. You'll be glad that you did.

Speaker 1

We're just trying to turn ankel into a dime. That's the bottom line.

Speaker 4

Welcome back, ladies and gentlemen you're listening to. That's the bottom line. You're weekly broadcast on KLBI that tells it like it is. And we've reached that segment of the weekly report that we call the solution segment. And I'm going to tell you right now, well, we've got plenty of solutions out there for you as far as investing goes. You see how the market reacted after they announced President

Trump's re election victory. I guess you could call it reelection, he won, then he lost nice one again and makes for interesting history. Doesn't happen the second time in American history that something like that happened. I think the last time that happened was Rover Cleveland way back when. Maybe not, maybe I got my presidents mixed up. I don't know. But listen, this is a solution for you right now.

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goes down, you lose absolutely nothing. And when the market comes back, you just pick up where your left off and keep making money. Now, that is a good strategy. I don't care if you're in it. For if you're in the market just to buy on Monday and sell on Tuesday, that's a whole different story. But if you're in the market for long term security, to have a growth over time, and to do it with safety without being exposed to volatility, you know, the ups and downs

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put your money in a very very safe investment. It'll grow over time, and you will not have to worry about going broke in your old age, because really and truly, that's what the whole thing and investing is about. It's just to set some money aside for the so called rainy days. And if you don't have a rain, if you don't have a financial crisis or a little crisis these along the way, you're gonna get old. You're gonna

get old. You're don't want to retire. Someday you're going to need a nest each to fall back on, to help you buy the groceries and to watch the fullish younger politicians drive everybody crazy like they do. But anyhow, we live in a capitalist society and so money plays a big part. And we have a big middle class

in this country. And if you're listening to this show this morning, you're part of the middle class and you need to come in and talk to us as we can help you preserve and retain your retirement, because saving your retirement is what it's all about. At Asset Growth Associates, as well as regular strategies for daily you know, on the go investing to accumulate money for future use. Any ladies and gentlemen I thank you for listening to this show.

Every week. We give you the political insight, and we also give you the opportunity for investing money at our offices here, and we can put you into safe investments and you can come out with a very happy and good outcome. And that's the whole reason for our existence and for being into business. Four nine eighty four oh sixty nine hundred. Give wealth a chance, right right, they said,

give piece a chance, Give investment a chance. Call us in four O nine eight four sixty nine hundred and we will help you save your retirement and we'll be back with much more with a final message after this.

Speaker 5

Where's just trying to turn a neckelin. That's the bottom line. Where's just trying to turn a neckel in?

Speaker 2

That's the bottom line.

Speaker 1

People.

Speaker 4

Welcome back, ladies and gentlemen. You're listening to the closing U minutes. If that's the bottom line, you're weekly broadcast on KLBI. That tells it like it is for both politics and also for investing money. No one knows the future, but what we do know is that the future will arrive, and when it does, we're going to be older to prepare for that future. You're going to have to have

a dependable source of income whenever it arrives. Nowadays, even those of us setting funds aside for the future and traditional investments finding out that depending on depending on the stock market alone can be disappointing because it goes up, it goes down, and when it goes down, you don't know how long you're going to have to wait for it to come back. Right, It Asset Growth Associates. We have a solution in principal protection accounts where money is

never lost. It's not lost when the market has a setback, but more importantly, when gains are added, they become part of the growing protected principle. And the market crashes, your money remains intact. Call me, call us it Asset Growth Associates four nine eight four h sixty nine hundred. You can allow us to help you simplify your investing life. Ladies and gentlemen. I think looks like things are going to be Trump's going to get back in office. Things

are going to be good for a while. It's gonna be a good chance to get back into the market, maybe make some money. But then remember one thing, this is important. The market goes up, but the market also goes down, so you want to be in a position where you can capture the gains and keep them. And that's what principal protection is all about. When you have money in a principal protection account, the market goes down, you lose nothing. The market goes up, you're just adding

more money to your account. Now, there's nothing wrong with that, And these accounts are really designed for long term security, to give you peace of mind and cash flow in your old age. And buddy, I'm telling you right now, when you get old and your body betrays you and life changes, trust me, you need to have a little bit of something to fall back on, and you don't

want to be in living in poverty. It's one thing to operate by the seat of your pants when you're in your thirties or forties, but it's a completely different set of circumstances. They should get older. Well, that's about we're running out of time for today's show. The election turned out good for those of us who believe in the free enterprise system, so we're pleased with that. We thank Almighty God for the blessings that he puts on us. And so we'll be back next week with more of

the same. In the meantime. God bless you, God bless your families, God bless freedom loving Americans everywhere, and have a good weekend. Talk to you so salon for now.

Speaker 1

That's the bottom line.

Speaker 3

You can reach St. Welth Associates by calling one eight six six seven to eight thirty six ninety seven are by visiting savemiretirement dot com.

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