Financial Revelations

Today on Financial Revelations:

David talks about the Personal Consumption Expenditure (PCE) that just came out and what it means. He also answers viewer questions on:

• What type of retirement account you should use when you own a business with non W2 employees
• How does the war in Ukraine affect us
• Do you think we will have a recession this year

We are having a Financial Workshop!

Topic: Managing Money in a Presidential Election Year

Date: April 16, 2024

Time: 6pm Cost: $15 per person.

ALL monies will be donated to NativosUSA (Amazon Well Drill)

Call us today at (800) 344-2354 or (440) 934-2195 for more information and to reserve your spot.

As always you can listen to David on WCRF Cleveland 103.3 every Thursday from 8AM - 9AM or on the Moody Radio App.

Email any financial questions to Kory@epsf.com

Twitter @skibucks1

For more information on the Amazon well drill, please visit:

 https://nativosusa.org

https://www.gofundme.com 

The Biden Administration believes things are going well, but the data says otherwise! This week on Financial Revelations David talks about todays economy; with inflation up and LEI down, and how to adjust for it all.

We are having a Financial Workshop!

Topic: Managing Money in a Presidential Election Year

Date: April 16, 2024

Time: 6pm Cost: $15 per person.

ALL monies will be donated to NativosUSA (Amazon Well Drill)

Call us today at (800) 344-2354 or (440) 934-2195 for more information and to reserve your spot.

As always you can listen to David on WCRF Cleveland 103.3 every Thursday from 8AM - 9AM or on the Moody Radio App.

Email any financial questions to Kory@epsf.com

Twitter @skibucks1

For more information on the Amazon well drill, please visit:

 https://nativosusa.org

https://www.gofundme.com 

*This is NOT a recommendation to buy or sell. Always contact your Financial Advisor concerning your portfolio.

Quick hit of the day is about last weeks CPI Report and how it has impacted the tech stock. David talks about how to react to this information and options you have.

We are having a Financial Workshop! 

Topic: Managing Money in a Presidential Election Year

Date: April 16, 2024

Time: 6pm 

Cost: $15 per person. ALL monies will be donated to NativosUSA (Amazon Well Drill)

Call us today at (800) 344-2354 or (440) 934-2195 for more information and to reserve your spot.

As always you can listen to David on WCRF Cleveland 103.3 every Thursday from 8AM - 9AM or on the Moody Radio App.

Email any financial questions to Kory@epsf.com

Twitter @skibucks1

For more information on the Amazon well drill, please visit:

https://nativosusa.org

https://www.gofundme.com/f/clean-drinking-water-for-a-village

Today on Financial Revelations David talks about Stagflation and the Super Hot CPI report that came out. He gives his take on what the Fed and Chair Powell's options are for rates this year. 

Viewer question: What type of retirement account should my wife and I set up if we own our own business and are the only employees?

We are having a Financial Workshop! 

Topic: Managing Money in a Presidential Election Year

Date: April 16, 2024

Time: 6pm 

Cost: $15 per person. ALL monies will be donated to NativosUSA (Amazon Well Drill)

Call us today at (800) 344-2354 or (440) 934-2195 for more information and to reserve your spot.

As always you can listen to David on WCRF Cleveland 103.3 every Thursday from 8AM - 9AM or on the Moody Radio App.

Email any financial questions to Kory@epsf.com

Twitter @skibucks1

For more information on the Amazon well drill, please visit:

https://nativosusa.org

https://www.gofundme.com/f/clean-drinking-water-for-a-village

On this episode of Financial Revelations David talks about how the earning season has been good, but there is weakness appearing. The quit rate is dropping along with the full-time employment rate, while the part-time rate has risen. He also answers a listener question about 401(k)s and ROTH 401(k)s.

We are having a Financial Workshop!

Topic: Managing Money in a Presidential Election Year

Date: April 16, 2024

Time: 6pm

Cost: $15 per person. ALL monies will be donated to NativosUSA (Amazon Well Drill)

Call us today at (800) 344-2354 or (440) 934-2195 for more information and to reserve your spot. 

As always you can listen to David on WCRF Cleveland 103.3 every Thursday from 8AM - 9AM or on the Moody Radio App. 

Email any financial questions to Kory@epsf.com

Twitter @skibucks1

For more information on the Amazon well drill, please visit:

nativosusa

GoFundMe

Today on Quick Hit: Great Companies on Bad News, David picks the asset class: AI Stocks.

Is it worth owning? Is it overvalued?

As always you can listen to David on WCRF Cleveland 103.3 every Thursday from 8AM - 9AM or on the Moody Radio app.

Email your financial questions to Kory@epsf.com

On this episode of Financial Revelations, David talks about the first Fed meeting of the year. No rate cuts occurred. David talks about how the Fed must remain politically neutral and data based.

David is also having a workshop on April 16th at 6pm. The topic will be: Managing Money in a Presidential Election Year. Cost will be $15 a person and all proceeds will go to the well dig fund in the Amazon.  For more information please contact us at (800) 344-2534.

As always you can hear David on WCRF Cleveland every Thursday from 8AM - 9AM or on the Moody Radio App.

Email your financial questions to Kory@epsf.com

Twitter @skibucks1

For more information on the Amazon Missions please check out:

NativosUSA

GoFundMe

What is happening to the renewable energy market and is it investable? That is one of the questions David tackles on this episode of FInancial Revelations. He also answers viewer questions on whether a HELOC is a good idea, and if bitcoin is a risky investment.

As always you can listen to David on WCRF Cleveland 103.3 every Thursday from 8AM - 9AM or on the Moody Radio App.

Email your financial questions to Kory@epsf.com

Twitter skibucks1

If interested in supporting the Amazon Well Drill missions, please go to the following sites:

GoFundMe

NativosUSA

*This is NOT a recommendation to buy or sell. Always contact your Financial Advisor concerning your portfolio.

Today on Financial Revelations: Quick Hits, David starts a new series called "Great companies on bad news". First up, Boeing. Even with a door flying off, Boeing is still a good company and one of really 2 big plane makers and they contract with the military.

As always you can listen to David every Thursday on WCRF Cleveland from 8AM - 9AM or on the Moody Radio App.

Email your financial questions to Kory@epsf.com

Twitter @skibucks1

Today on Financial Revelations, David tackles a couple listener questions including:

• Are bonds still a good option?
• Why are bonds earning less the longer you own them?
• What are you looking at in the market?

Thank you again to those who have donated to the missions trip. If you would like more information please visit the links below:

NativosUSA

GoFundMe

As always you can listen to David on WCRF Cleveland 103.3 every Thursday from 8AM - 9AM or on the Moody Radio App.

Email your financial questions to Kory@epsf.com

Twitter @skibucks1

Financial Revelation Quick Hit:

There is sunlight on the horizon! Donald Trump has been named the Republican nominee. He won he Iowa Caucaus with 51%. Its good news because his policy is spot on, even if his personality isn't. 

As always you can listen to David on WCRF Cleveland 103.3 every Thursday from 8AM - 9AM or on the Moody Radio App.

Email financial questions to Kory@epsf.com

X @skibucks1

If you would like more information on the Amazon Well Drill coming up or to donate, please check out the following sites:

Go Fund Me

NativosUsa

This week on Financial Revelations David talks about the 2024 election year and what to expect in the market. He thinks it is gonna be a rocky year with an economic slowdown and suggests holding a slightly larger cash position in accounts. 

Thank you to those who have donated to the well mission in the Amazon! If anyone would like more information please check out the following websites:

nativosusa.org

gofundme

As always you can listen to David on WCRF Cleveland 103.3 every Thursday from 8AM - 9AM or on the Moody Radio app.

Email your financial questions to Kory@epsf.com

Twitter @skibucks1

The Fed does not usually surprise us; this time they did!

Today on Financial Revelations David reviews yesterdays Federal Reserve meeting and discusses "what was" and "what is".

What Was:

• 1 to 2 more rate hikes
• Higher for longer, not there yet
• We need to fight inflation

What Is:

• Stopping rate hikes
• Cuts next year
• Why make changes now?
  • They see something we don't

We will be back January 2024 so to everyone: Have a Merry Christmas and Happy New Year!

As always you can listen to David every Thursday on WCRF Cleveland 103.3 from 8AM - 9AM or on the Moody Radio App.

Email your financial questions to: Kory@epsf.com

Twitter @skibucks1

Our Mission support:

Nativosusa

GoFundMe

Instagram: nativos_usa

Welcome back to Financial Revelations

It's almost 2024 so David wants to go over some end of the year suggestions and possible New Year Resolutions! 

Let's start with some end of year suggestions:

• Harvesting tax loss
• Fund your Retirement accounts
• Qualified Charitable Distributions if you are in RMD status (over age 72 1/2)
• Review and update your budget
• Develop a planned giving strategy

Now let's talk New Year Resolutions:

• Start moving! Exercise and be an encouragement to those who are trying
• Give to a charity
• Do something to improve your lot
• Start a budget
• Read a non fiction book to improve yourself (see book club list below)
• Sleep in a hammock in Brazil (shameless plug)
• Help a family at church during the holidays
• Provide an extra gift to a pastor
• Volunteer to teach a class at church

David's Book Club suggestions:

• A Moral Case for Fossil Fuels by Alex Epstein
• Freakonomics by Steven Levitt & Stephen Dubner
• Basic Economics by Thomas Sowell
• Never Split the Difference by Chris Voss
• The Virtues of Capitalism by Austin Hill & Scott Rae
• The Accidental Super Power by Peter Zeihan

As always you can listen to David every Thursday on WCRF Cleveland 103.3 from 8AM - 9AM or on the Moody Radio app.

Email your questions to Kory@epsf.com

Amazon Mission Information:

Nativosusa.org

GoFundMe.com

Instagram: nativos_usa

Today on Financial Revelations David reminds those who are over 72.5 years old that they need to take out their Required Minimum Distribution (RMD). He also talks about how you can make Qualified Charitable Distributions once you are in RMD status. Some perks of using this as a distribution are:

• No taxes taken from it
• Goes directly to your charity of choice
• You get a 25% tax break

"A generous person will prosper, those who refresh others will themselves be refreshed" Proverbs 11:25

"God loves a cheerful giver" 2 Cor 9:6-7

On the eve of Thanksgiving, David wants to encourage those who can to be charitable and generous with their time and money. Examples of little ways everyone can help:

• Tip a little more at dinner
• Give to Angel Tree
• Give a gift card to a single parent or widow
• Become a monthly supporter to a local mission/missionary
• Help fund a mission trip

As always you can hear David every Thursday on WCRF Cleveland 103.3 or on the Moody Radio App.

You can reach us at (800) 344-2354

Email your questions to Kory@epsf.com

To support the well digs in Brazil:

Nativosusa.org

GoFundMe

Today on Financial Revelations David talks economic update and how flat inflation has bolstered the market and how it looks to be heading towards a year end rally. He also answers a listener question on how to harvest losses. 

As always you can listen to David every Thursday on WCRF Cleveland 103.3 from 8 AM - 9 AM or on the Moody Radio App.

Email your questions to Kory@epsf.com

https://nativosusa.org

Instagram: nativos_usa

Go Fund Me: Clean Drinking Wells

This week on Financial Revelations David goes over the latest Fed meeting where rates are currently holding steady at 5-5.25%; but they left the door open for another rate hike at the beginning of the year. David also explains the bond/interest teeter totter and how the bond market came down slightly on the 10 year note but that the 1 year is still at 5%.

Weekly Viewer questions:

- Why do bonds lose value when interest rates go up?

- Why have you recently changed your tune on bond mutual funds?

As always you can listen to David every Thursday on WCRF Cleveland from 8 AM to 9 AM or on the Moody Radio app.

Email your financial questions to Kory@epsf.com

Twitter @skibucks1

Missions information:

www.nativosusa.org

Instagram: nativos_usa

GoFundMe keyword: David Szafranski

There will be a Fed meeting and we will talk all about it next week!

Today on Financial Revelations, David gives an update on bond and mortgage rates.

10 year treasury just under 5%

High yield money market at 5.4% or so.

30 year mortgage 8%!

Two new listener questions:

1. How do money managers handle losses?

2. Do you like Roth IRA's or Traditional IRA's better?

As always you can listen to David on WCRF Cleveland 103.3 every Thursday from 8 AM - 9 AM or on the Moody Radio App.

Email your questions to Kory@epsf.com

Well drill missions:

https://nativosusa.org

Go Fund Me:

https://www.gofundme.com

search: David Szafranski

Today on Financial Revelations:

David goes over what he looks for as investment options during a recession. His main 4 interests are:

• Trade Down Stocks like Walmart, Costco, dollar stores, TJ Maxx
• The Have To's, what people need like gas, oil, diapers, soap, detergent
• Early Trades, price sensitive
• Bonds

If you are interested in helping with the well digs in the amazon, you can go to:

https://gofund.me\5a1aa5ff

or

www.gofundme.com and search David Szafranski

As always you can listen to David every Thursday on WCRF Cleveland 103.3 from 8AM - 9AM or on the Moody Radio App.

Email your financial questions to Kory@epsf.com

Twitter @skibucks1

Missions information:

www.nativosusa.org

Instagram: nativos_usa

Quick Hit of the day:

Hold off on the bond market for a few days. With the war in Isreal, the bond rates got depressed pretty quickly. David thinks rates will go back up again and the that the Fed has one or two more rate hikes.

As always you can listen to David on WCRF Cleveland 103.3 every Thursday from 8AM - 9AM or on the Moody Radio App.

Email questions to Kory@epsf.com

Twitter @skibucks1

Missions:

https://nativosusa.org

Instagram: nativos_usa