[00:00:00] Speaker A: I think we can all agree losing money sucks. No one likes to lose money. But outside of the big one month downturn in 2020, the biggest black swan event in modern times, has anyone really felt the pain of a stock market loss? Has everyone forgotten how painful 2008 was? What about the dot com bubble? Are we really so blinded by normalcy bias that we can't see it happening again? Hi, I'm J.R. rochford, h host of another money show with almost three decades of experience. What if I told you there's a way to make sure market downturns don't throw off your retirement? Assets come and go, but income is forever. Protect your retirement by self funding a pension you'll never outlive. If you weren't lucky enough to have a job with a pension, we can help you create your own. Reach out to us at 623-523-04443 or find us on the
[email protected].
[00:01:01] Speaker B: This is another Money show. Get set for another hour of the latest financial information and economic news affecting your bottom line. J.R. and Anthony are committed to helping more Americans like you optimize their income, reduce their tax risk and reach financial freedom.
So let's start the show. Here are your hosts, Anthony Correo and JR Rochford.
[00:01:25] Speaker C: Here we are, your hosts, Anthony Correjo and JR Rochford, taking a break from our day to day as financial advisors with Rochford and Associates, fully independent fourth generation family practice right here in Sun City, Arizona to bring you things you may not hear on those other financial radio shows. We're aware the last thing you need is another money show, but we appreciate you being here especially on the weekend before Christmas.
So we'll let y' all come in and you know, ruin all the the happiness and cheer of the season with all of his doing gloom. So let's hear for Junior.
[00:02:01] Speaker A: All right, so the Christmas season. First of all, I'll get to Christmas before I even get to shout outs or the one and only Sam Davis and what he just said to Anthony. But you know what? Christmas every year I say the same thing. I'm like, I'm just not feeling it this year.
I'm just not in the Christmas spirit. You know, I mean, you see all these happy people and I'm just like, what is wrong with you? You know, I actually don't they know.
[00:02:22] Speaker C: That the FDIC only has 1.3% coverage? If they did, I wouldn't. They wouldn't be as happy.
[00:02:28] Speaker A: So half empty. It's 1.36, you negative Nelly. It's 1.36, Anthony. It's actually closer to 1.4% coverage through the FDIC, which you can round up that way. You just rounded at the 2%. They practically have 2%.
[00:02:43] Speaker C: They're fine.
Right?
[00:02:45] Speaker A: So yeah, if you want to verify that, go to FDIC.gov and look up statistics at a glance. And then the PDF for the quarterly results. They don't have any money. The banks are broke. Back to Christmas for a moment. So Christmas. You know what? You know part of why I'm not in a good mood for this Christmas? A. Because I mean, look at my family. But I mean, realistically, turn on the tv.
Every other commercial I saw the other night when I accidentally watched TV with your mother was the car commercials. What the hell do. If you love your spouse, your kid, your neighbor, do you really have to buy them Alexis or Mercedes or a Hyundai or. Sam, just put up the December to remember. That's one of the big campaigns. Yeah, yeah.
[00:03:27] Speaker C: I mean the Alamo. 911 December to remember if you've been.
[00:03:32] Speaker A: Married for like a year or two. Okay. Put a big red ribbon on your Honey's Lexus RX300, whatever it is. If you've been married more than three years, you. If you're not divorced yet, you're a trooper. I. What do you want to get your wife for Christmas? A noose? I mean, we. We've been married 20 years. What do you want to get her? Some antifreeze and rat poison for coffee? I'm not getting her a car.
Is that what you meant? Anthony? Is this what you want to hear? You know your mom listens to these episodes, right? You know, I'm just got smacked for that. So we're going to be a lot more upbeat the next three episodes because of the holiday season.
So.
News and rat person. Sometimes I even surprise myself. Antifreeze. Like really what is when you bring up something new?
So anyway, Christmas. I actually. Tonight. Tonight, the family. We're going to occur a Christmas. What is it? I don't know what it is. We're going to some big festival thing. So that'll probably put me.
I don't know what it is, but I'll be bitching about that too. I'll be. I'm cold. I want more hot chocolate.
[00:04:33] Speaker C: I.
[00:04:33] Speaker A: It's too expensive. I'll find a way to ruin Christmas for all of us. Tonight.
[00:04:37] Speaker C: Imagine mom's driving. We can have road sodas on the way up there.
[00:04:40] Speaker A: Oh my gosh, that's a good idea. Yeah, but she said you're meeting us there. What is your aversion to ride sharing with your family? What is, what is up with that?
[00:04:48] Speaker C: Probably the family part.
[00:04:51] Speaker A: All right, I got you. I, I, I, I stand down. I yield the floor, counselor. It means I Good, good. Call my buddy Mike if you're listening. Got a pai go poker buddy named Mike and he is Jewish and so I wished him Merry Christmas. He said, well, what about Hanukkah? Like, well, what about it? I mean, I good, good, good. That too. And whatever you celebrate, I just hope you have a good time and I hope your spouse buys you Alexa's RX620 or whatever the hell they're selling. Let's get into our shout outs. I first shout out. I forget that she's a loyal listener. There is a woman that was in our office this week. She's coming back in Monday. That'll tell you, you know who you are if you're listening. She has been listening. I guess she's a regular listener. And I forget to give her shout outs because we, when we know somebody's listening all the time, we need to recognize that because that is, that is gold for us. Had a phone call just this morning.
We bring them up fairly often. Art. Art from across town. I'm going to get right to what he said because this is the second week in a row I haven't been able to look into what he told me to look up. He's a subscriber today. He calls it Epoch Times, but it seems like it needs to be Epoch. If you, if you look at that publication, it's not spelled like Epic, spelled like Epoch. But anyway, he said Epoch Times. He said on the version of this week, apparently it was December 17th issue of the Epic or Epoch Times. There's an article on the front page and it's about a gold salesperson, dealership shop, whatever you want to call it in Show Low, Arizona. And I guess this article is about how somebody from Snowflake got scammed in this shop. So, Anthony, with us having a family spread up in Snowflake and a little satellite office, I can't wait to read that article. I wanted so bad to read it before the show today, but I'm just, I'm jammed up. So, Art, thank you so much. I love it when you give us stuff to bring up on the air. I will get to that article, especially when it ties in with Snowflake. I might even know the person that they're talking about. So I'm looking forward to it as every week. Michael C. From Sun City, he sent and he did it earlier this week. So this is on me. He sent articles about Bulgaria and something about the subsidies at the end of the year for the Affordable Care act and how some Republicans are going over the dark side with the Democrats and saying we need to continue the subsidies.
Obviously subsidies mean more money and the country's got 38 trillion in Christmas debt. That makes it happier than regular debt if it's Christmas debt. But anyway, so Michaelsy, these articles, you did them in a timely manner and I've just, as you know, we are the most busy we've ever been at the year end. Usually things slow down. Nobody wants to see us the week before Christmas through the week after New Year's Eve. Usually this year we are slammed. We, we have a bunch of appointments next Monday and Tuesday.
So we're gonna, we're gonna quiet down on new on Christmas Eve this year. So that's great. But Michael, I do appreciate it. My New Year's resolution this year is going to be to make sure I dig into anything anybody sends me as quick as possible because that is gold to us. You know, I mean, for you to hand us stuff that you want to hear about, that is gold. So keep doing it. Don't give up on me.
My other New Year's resolution, I'm going to do stuff that I can actually attain, achieve whatever the word is this year. You know, people, oh, I'm going to lose weight. I'm going to, you know, do a budget and get on my finances. No, you're not. Well, you are, but you're going to do it for like 31 days. You know, the busiest that all of the gyms are is the month of January, then the month of February, then they fall off in March. So I'm going to make New Year's Eve resolutions that I can continue all year round. I'm going to oversleep more, I'm going to overeat more. I'm going to add more cuss words into my daily living. So, Sam, get your finger ready on that button to bleep me because I'm going to start swearing more in 2026.
The another person that I've just put off, we gave a shout out last week to a man named Tim in Colorado. And I said I would research some of his outside of the box, thinking I just haven't had time. Tim, I mean, I haven't forgot about you. If you're listening, I promise you I Will and I will email you back. I got your emails, so I will email you. I got a little bit of trouble over shouting out Tim. I have a person. Let's make a fake name up so he doesn't know we're talking about guy named Thad. We had a guy named Thad who I saw at Don Jose's this week. Don Jose's. We're looking for sponsors if you work at Don Jose's. Anyway, Thad was like, I told you those things years ago. I told you to look into agriculture and stuff. That's outside of the traditional financial. And I will give Thad some credit.
He actually was the first one that really got me excited about precious metals. This is many years ago, so he. He really gave me a lot of education, I don't know, maybe 15 years ago and got me buying more precious metals. And I thank him now because I have enough now where I feel like I. I've actually made some money.
Boy, is that enough for the shout outs. I got to a woman that listens loyally and we appreciate Arlene.
[00:09:57] Speaker C: We haven't talked to Arlene in a long time. I heard she's still listening. So, Arlene, we hope you have a Merry Christmas too.
[00:10:04] Speaker A: And a happy Hanukkah. That is awesome. I forget that we have people that have listened from the beginning, by the way. Speaking of from the beginning, do you realize, Anthony, if we make it until March, that'll be four years we've been on here. And you know, it's way too long. And one of the things that I pat ourselves on the back regularly about. We have never missed a week of recording none of the episodes or canned or whatever you call it. We do a new episode. Doesn't matter if it's Christmas week, New Year's week, you get a new episode from us. And we have to because our show is not an hour long infomercial. It's on current events and how they're likely to affect your future and your finances and your kids and your grandkids. And let's get to it. Oh, Sam, put something on the board. I think that means you get to graduate in April. What are we graduating to? Did you finally secure a Monday through Friday show six hours long? Let us compete with Seth leapson and other big names in the Phoenix market or what are we doing? Sam, I think you just have put four years in so you deserve a degree, right?
I agree. You need to make one up.
[00:11:07] Speaker C: JR finally put his communication majors to good use, correct?
[00:11:12] Speaker A: Do you want to hear that? Story, Sam. I mean, as long as we're being a little more leisurely around the holidays. So I had the GI Bill, I got out of the military and I had this money sitting there. So I'm like, ah, you know, I mean, I went to a couple years of college before I went into the military and it was just, wasn't my thing. Like, you know, I mean, I, I did everything you expected. I showed up to about half the classes. I didn't set any more classes. I didn't set classes before, like 10 in the morning because there was beer there and women. So I, I had other priorities. But anyway, so I.
Two years of college, my dad was paying for it, so I didn't take it seriously. And then I, then he said, well, you know, you barely got a C.
So he's like, either you're gonna go get student loans or you're gonna drop out because. Because I'm not going to pay for it anymore. That was after two years. And so I was much smarter than my father, obviously. So I dropped out. I mean, I did the only adult thing to do and I dropped out. And then I went in the military. And during basic training. They push you. Yes, Anthony, I went through basic training twice in a row. They push you to sign up for this GI bill. They make you take $100 a month. So it's only 1200 bucks. 1, $100 a month comes out of your checks and goes into this fund. So you're in the GI Bill. And I didn't want to. I had already been in school for a couple of years, like, I don't want to do this. But you realize quickly if you want to make it at basic training, you really don't have a choice. They are pressured to pressure you. So I said yes. Yeah, that's great. I'm just going to waste the 1200 bucks. Anyway, when I get out of the military, I go to school, go to gcc, which is the old Glendale Community College. I get a degree which I never in my life took, cared about or thought I would get. It was a degree in general studies. It was an Associates of Arts in general studies. And I struggled to get that two year degree piece of paper because the math I got up to, like, I don't know, algebra 1 or whatever, 101, and it sucked. So I thought, that's great, now I'm done. I got my piece of paper, Yay, I can go get a job. And I had a bunch of money left from the GI Bill and I had a good Counselor. She pushed me. She was like, you're working at night, you work in a bar. I mean, you, you, you got great hours. And she pushed me to go to Arizona State University and oh man, that was nice. A lot of, a lot of beautiful women there. I didn't notice because at the time I knew I'd be married to Sandy one day. So I didn't notice it, but people told me there were a lot of beautiful women there. Anyway, so I'm thinking business. I wanted to go into healthcare administration of some sort because I worked in the hospital, in the military, and, and I'm thinking business administration, finance. I'm thinking that kind of stuff. You know, I'll get a, I'll get a job in a hospital. When I graduate, I get to the very first math class and I'm like, yeah, this ain't gonna happen. I'm looking at what I have to take for the degree I was looking for. They said the word calculus and I got shivers. And so I changed my major to communication studies because this is a true story and this is coming from a guy who's now almost three decades in as a financial advisor. I changed my degree to communication studies because it had the very fewest math classes required to get through the four year degree. And I did graduate and I got a bachelor of arts degree in Communication studies. So guess what I can do now? I can use the phone like most people cannot because I have a degree in communication studies. That was a really long story that went nowhere. And both of you seem to be asleep now. So I regret saying it, but it came up and it's Christmas time and Merry Christmas and Happy Hanukkah and stuff. So let's, let's get into, you know, as usual, we have so much to do.
I'm sure you heard, I'm sure you heard. The numbers came out today, by the way, as we record is December 18th of 2025 and the numbers came out for inflation.
It was only up like 2.6% and they expected 3% and the markets jumped for joy. Of course they did. First of all, government, whoever you're giving the numbers out. Have you ever been to a store? Have you ever shopped in your life? Don't give me inflation's down. It's not down. It's not. Anthony and I, last Thursday afternoon, late afternoon, went to a little sub shop called Jimmy John's. We each got a sandwich. Not the, like Giant, we just got a regular, I don't know what it is, 8 inch or something. Sandwich And a Coke. No chips, no combo meals. I got a Coke. Anthony got a sandwich. I got a sandwich. $26 for two sandwiches. Two, like, middle size sandwiches and a Coke. $26. When did that happen? You know my analogy for this inflation thing, if you're hitting me with a stick and you keep hitting me 10 times a day with a stick. Look at Anthony getting all excited. He smiles for the first time on today's program. You're hitting me every day with a stick 10 times. If all of a sudden I change that and I only hit you with a stick five times, that's great, right? No, it's still hitting me with a stick. 2.6%. Inflation is still inflation, but the markets jump for joy. You know, the Fed lowered interest rates last week and the bonds went up. So that's two months in a row. The Fed, the feckless Fed, allegedly. The Fed that is in control of your future with finances. Lowered rates two months in a row and the bonds went screw you. I almost said F you, but then Sam would have to screw you.
That's insane. What's going on? So anyway, so inflation is better news, and that's great. I did check in on the market right before starting the show. It was up, like, I don't know, 500 points on the Dow earlier today, and it was only up 200, so I don't know who. We'll see. There are definitely some cracks appearing in the old Teflon Dow. So the Dow, if you've heard of the Dow Jones Industrial average, that's only 30 companies. I'd say that's pretty easy for the government to manipulate. Just keep that in the back of your mind. The other thing is the s and P500, way more fair of a representation of our country and our world. Obviously.
Seven companies have floated it. There's been a total of 10 in the last six years that have kept that thing up. So like 490 to 493 companies aren't doing squat. But the magnificent seven, the FANG stocks, they're floating it. You know, our buddy over at Ford Strategies, our buddy Connor sent us a video yesterday on the AI bubble, or presume it bubble or one man's opinion of what is a bubble.
Real similar parallels to the tech bubble in 22,000. 2,000, I was trying to say 2,000.
So real similar parallel. So be careful. Make sure you know what your 401k is doing. Make sure you know where the exit aisle is. Make sure you talk to your advisor if you think things might be Starting to turn. Just be aware, be awake, be nimble. Next to your health on this planet, your money's the second most important thing. Take it seriously. Reach out to us. We will do a second opinion on your IRA, your 401k, your ETFs, your whatever. We will help you as a second opinion on your money. No cost. Anthony says that every week, no minimums. If you can't tell, we have a great passion for our chosen profession, so we'd love to help you.
Oh, and one more thing about the inflation numbers.
Remind me about this, but didn't we have a government shutdown recently? So the government shutdown. So the numbers, the October, we skipped October numbers. So these are November numbers. I understand that there could have been some flaws in this because of the variances. So. So who knows? We'll see. We'll see what happens. But I'm just glad that everything is going to be so expensive and I can go back to a 89 cent cheeseburger at the old Mickey D's.
That's all I got. Any, anything to add, Anthony, on inflation?
[00:19:05] Speaker C: No, it's just that, I mean, I don't even know. Say it. I don't even know why they try to put numbers to it. Because it's not 2%. It hasn't been 2% for a very long time. Even when it was 2% before the quantitative easing, before, you know, all the post Covid money that got thrown into the system, it was never ever 2%.
So.
[00:19:31] Speaker A: Oh, you're bringing up stimulus and stimmies. My favorite word on the planet is stimmy. You know, next to the word Sandy. I like Sandy first and then stimmy I would never buy a news for.
So let's talk about that for a second. So you're saying that if they printed money out of thin air when we're 38 trillion in debt, it could cause inflation to rise? Is that what you're insinuating right there? Because guess what? I got good news for you and I'm torn on this one. I got some for you today. Sam's pray not even on your bingo card yet because I just learned about it last night as both of you, when both of you, I'm sure, were glued in front of your television set to watch President Donald J. Trump give his little mini fireside speech. He did. You know that, right? You guys both know that he talked last night on the television set. So, so anyway, what he said. And I'm torn on this again. Let me, let me give you my two Sides, I've got a little devil on one shoulder, a little angel on the other, like I'm from Animal House. So I have a son who's in the military. Well, Trump last night said it's already in the works. So it's not being voted on. Apparently this is through executive order is sending out money to all members of the military. It seemed like it didn't exclude, you know, enlisted versus commissioned. It looks like every member of the military is about to get a check or deposit for $1,776. How many million, I mean how many, how many military members do we have right now? So it's for my son. It's wonderful. 1776. I think I understand the significance that number but I mean, so I want nick to get 1776, you know what, but we have 38 trillion in debt. At what cost is it going to get if you're like a sergeant in the Air Force, if you're not a four star general or if you're not a full bird colonel if you get this jag, but you have to pay more for your coffee and your orange juice and your bread and your filet o fish sandwich, McDonald's. I keep thinking about you for some reason. Well, and is that because you're a short fat man? Of course. You're always thinking about McDonald's anyway. Is it going to raise inflation again? You know, the big fight at the end of the year. We only have two more weeks kids and then we have to see if the politicians are going to continue the subsidies for the Affordable Care Act. The Affordable Care Act. The Affordable Care Act. You can keep your doctor. No you can't. Your premiums will be. No they won't.
Oh man, we have such problems. So anyway, so yeah, I better take a breath because it's Christmas time. So anyway, so I thought I would bring up to you that we're about to spend more money. I'm guessing there'll be a last minute deal to continue subsidies for the Affordable Care act, which is good news for some of our clients because if you retire at say 62 and you have to get to 65 and you're paying those premiums, it's pretty tough.
So I don't know. And our government, I mean, it's just, it's out of control. You know, I'm reading more about Ilhan Omar, whatever her name is from Minnesota and how they're tying her and Tim Waltz to some of the shenanigans. Is there ever going to be accountability?
You know, the people that represent us. They represent us. They work for us. Are we ever going to throw any of these people in jail? They got pictures of her with one of the big, you know, the big offenders of the scam over there in Minnesota. They got pictures with Tim Waltz and her with this guy. It's like, I don't know, I'm just. I'm sick to my stomach, you know, and I don't know, maybe it shouldn't. It shouldn't matter to me. I mean, I've got other things to worry about, so I should just let it go. But we have a radio show and we're supposed to bring you current events and how they're going to affect your future. So back to the Teflon Dow, back to the cracks, back to the last couple weeks. What should you do about it? You should know what you have. You should be ready to go. Safer if your risk tolerance dictates that you should get a second opinion if you don't know how to do it yourself. You should see Anthony. He's really good at that. You know, at the end of the day, it's never how much you make or you made, it's how much you keep. If I could go back to 2006 and have this show and scream to people, this doesn't add up. This doesn't make sense. You need to be awake. I can't give you specific recommendations on a show that anybody can listen to, but if you sit with us in our office or we go to your home or your workplace, we can kind of figure out what's best for you. So we've had a 16 year run up in these markets. It is, Anthony, I'm sorry to say, going to correct. You know, we started the $40 billion quantitative easing last week. You sent me something from Reddit. I clicked on the link and read the actual government piece on it. It's disgusting. So. And Anthony, your thought is they're gonna print money to keep the market afloat? They, they very well may be. They. That. That's. I'm really not going to rule that out.
[00:24:16] Speaker C: But you should be printing money and dropping rates at the same time. Printed money is what caused the rates to go up. Actually, no, what caused the rates to go up is we kept rates at0 for 15 years even though the market was at all time highs. And instead of balancing the market like they should have, they let it run high.
[00:24:36] Speaker A: The digital, allegedly, because they don't know what they're doing. None of them, none of them know what they're doing. And you know what? Our office, our specialty. Yes. Asset based long term care, generational wealth transfer.
Income. Income. Income, Right. Anthony, I don't need an hour long infomercial. What I can tell you in 30 seconds, income. You know what our office, what we have always done, I've been there almost 30 years. I worked with my dad.
Protect and grow, in that order.
Carrie, if you're listening our conversation yesterday, yes, we want to protect your money. Yes. You agree with me that this stuff's probably going to fall like 2008 or 2000. But we always need to make sure you grow your money. I mean, we understand that. Is there anybody listening to us that really thinks this can keep going on forever?
The Dow can keep setting records. The S and P and the Nasdaq can keep setting records. Come on. When we get back from the break, we're going to talk about a couple reasons that, couple things that are coming at you geopolitically that might be the black swan event that takes it down. But we will see. With that said, I think we're getting dangerously close to break time. So hopefully you get to hear a car commercial. Hopefully you get to hear that this will be the December to remember. During the break, please continue to help us with the YouTube channel. If you look at YouTube, give it about a week or two and then Shelby will have clips from this week on the YouTube. Anthony is wearing a flannel shirt in some sort of a beanie. He looks like something, he looks like a lumberjack a little bit, I mean, less big and bulky and manly and stuff. But he looks, he looks like something out of the TV show Sons of Anarchy. Just very rugged today. So that'll be on YouTube.
Reach out to us. We'd love to be a second opinion. We'd love to meet you. You know, we, we're, we're getting people coming in from the radio show more and more. So that, that is so cool. We are at 623-523-0444. Again, 623-523-0444 or you can email us. We'
[email protected] so thank you so much. We hope you have a very happy holidays, whatever you celebrate. And we'll be right back.
[00:26:48] Speaker C: Is a thing to say on a bright, a wild Christmas Day.
That's the island greeting that we send.
Hi, I'm Anthony Crail, co host of another money show airing on 960, the Patriot Saturdays at noon and partner of Rochford and Associates in Sun City. If you've heard our show. You know, it's more news based and how current events could affect your finances versus an hour long informal.
Well, now it's time for that infomercial. But I don't need an hour each week to tell you what I can say in 60 seconds. The key to a happy retirement is income. Income, income, income. Clients with low assets and those with high assets all have one thing in common, a fear of running out. Assets come and go. Income is forever. Self funding pensions is the key to a happy retirement and we can help you do it. Reach out to us at 623-523-0444. That number again is 623-523-0444, or find us on the web at anothermoneyshow.com and let us help you not worry about your retirement.
[00:28:02] Speaker B: You're listening to Another Money show. No, that's the name of the show. Another Money Show.
And now another money making round with J.R. and Anthony.
[00:28:16] Speaker C: I be home.
[00:28:20] Speaker A: For Christmas.
Welcome back to Another Money Show. Thank you so much for being with us. Please keep us in mind if we can ever help you be a second opinion, help you with your finances. Haven't heard from your advisor in quite a while or if you hear from them too much just around the holidays. You know, one thing, we have a very loyal listener. I'm going to call him Kevin. Kevin and Kevin. I'm going to read a quote from one of his texts. I don't think he'd mind.
Says here we were talking about annuities. We were talking about how we get paid, how, you know, different things get paid. Here's something he said that it's very simple, but I had never thought of it before.
It says here, it's amazing how many advisors out there hate annuities.
Probably because they can't earn 1% plus every year on them. I love that. I mean, we think there's a place for stocks, bonds, cryptocurrencies, you know, bank money. We think there's a place for all kinds of money management. If you're an advisor that only does assets under management and you charge a 1% fee every year. If you manage their money for 15 years, didn't you make 15% in commission? It's one. And hopefully you grew their portfolio. So that's good money. If you do a fixed annuity, if it's appropriate for somebody and you get paid one time, let's say on average, you know, I mean that we get paid anywhere from half a percent, you know, we, we, we some of it's moderate. I would say an average commission on a fixed annuity for somebody who's, you know, 50s, 60s, let's say a five year duration, about 3.75%, but that's it. You don't get trails. So if it's a five year, I don't know, it just the light bulb went off that annuities have their place. And if your advisor is just, you know, parroting Dave Ramsey, Ken Fisher, Susie Orman, Jim Cramer. May I continue? Those are all, you know, celebrities, but they're not exactly financial advisors. I don't know, maybe some of it is their pressure, their quotas and maybe some of it is, is they like to make that money every year. So I don't know, I just thought that's funny that, you know, Kevin, who's way smarter than the average bear, came up with something so simple that I hadn't thought about.
When we went to break, I asked you. I'm not supposed to say. I was corrected on that not too long ago. So I apologize.
Before the break, I said that we'd like you to check out our YouTube channel. Sam. We were talking about YouTube before we started recording today. It's so annoying. Part of what I do when I spend my hours each week preparing for the show and bringing you fresh stuff every week is I read articles, I watch the regular news to try to see what the normies are seeing. And I spend most of my research time on YouTube. I've got some of my go to favorites that I go to. And then I'm always searching. Every day of my life, I'm looking for what's going on. It is so annoying. YouTube, the ads. I guess I could go to the premium subscription. Sam said he got to do that recently and it's very luxurious. I don't want to spend the money, quite frankly. So I put up with the ads. It's just a matter of principle. I'm tired. You know, I'm older than you two. You, you, you know, have grown up into it more than me. But we all, my generation, you know, thanks to your generation, we all cut the cord. We all got away from cable TV because it got too expensive. Not looking at you specifically, Cox communication. But holy cow, I mean, it got so expensive.
So we cut the cord and we went to WI Fi, we went to streaming, we went to all this stuff. First of all, you gotta pay for your Internet to get the WI Fi to watch your TV shows. But then you got rid of cable, but then you went to subscription based TV and Now you have Netflix, you have Amazon Prime, Hulu Tubi, Peacock, Disney, hbo. You know, it's incredible. So now you're supposed to add YouTube Premium to get your viewing time in. I don't know, it's kind of crazy. And we, I guess now's a good time to unroll it. We're going to introduce another money show plus which is going to be a subscription based. What is it going to be, Sam? Sam, is it going to be a YouTube channel? It's going to be a show once we get.
You're gonna have to pay for it, guys. It's gonna be 1776amonth, but you'll have access to behind the scenes footage from another money show anyway, so that's.
Sorry, that was a little rant about paying for things. So yeah, I'm not going to pay YouTube.
Back to why I think you better watch your 401k. Kind of scattered today, aren't I? And this is actually a light coffee day for me today.
So. Venezuela. I, I think I've brought it up every week for the last month or two or whatever. Venezuela's heating up. We. We just. Our country just designated like the whole country as a terrorist organization or something. Venezuela, Maduro, you. You guys are all terrorists now. We. We did a blockade. We're going to stop you from, from commerce and shipping your oil to Cuba. You know, if Venezuela falls, so will Cuba. You know that, right, Anthony?
I mean there's a lot of intertwined business in this small world we live in thanks to Al Gore and the Internet. And if Venezuela is taken over by us, which would be another World War three component, then Cuba, you're in trouble too. So be careful. Anyway, so yeah, war is closer in Venezuela. That is a potential problem. Well, something bigger. Something just took the stage for me this morning. I learned on the geopolitical front, apparently we are donating a large sum of Money. Again, we're 38 trillion debt, but we have money for friends around the world. We are donating a large sum of money to Taiwan.
So I hear this this morning and the commentator on AM radio that said it said that it is angering China.
China, who flew weather balloons? I'm using air quotes around the country. They've bought up a bunch of land by a military installations. They've put secret squirrel chips in our solar panels. China, who is going to be in charge of AI coming up soon.
We're making them angry because we're. We're giving money to Taiwan. I guess. I have a question, Anthony. One thing I'VE said over the years. You've heard me say it. If you're in the military, you learn certain terms and they stick with you for, for life. One of them is need to know. You have a need to know basis. If you don't need to know, you ain't going to know. If you don't have a security clearance to hear certain things, you're not going to hear them.
Why. Why is so much of our defense, why is it public? Why did I hear this morning on a different radio show on another Salem network? Why did I hear that we're giving a large sum of money to Taiwan and then it's angering China? We don't. The, the common person does not have a need to know that. That's why we elect representatives to do the dirty work behind the scenes and keep us safe and keep our borders secure.
[00:35:34] Speaker C: And how else are you going to have a radio show where you can be mad at little things that happen across the world?
[00:35:39] Speaker A: I'm not. I'm ready to be done. I'm ready for the 10th pillar to get here so we can be done. I have stuff to do. We got a bunch of radio show people making appointments. So now we're busier than we used to be. This is this in my career, this is the busiest I believe I've been in the week before Christmas with stuff I have to get done. Email plans, I have to send out people that are coming in the office. We've got a busy day next Monday and Tuesday. It's like it's usually we get a couple week, we get about a two to three week break, we get about a one week break before Thanksgiving and then we get about a two to three week break at the end of the year. I don't have a break this year. I'm not sure how I'm going to get up to Snowflake, Arizona and see who got scammed out of Golden Show Low. So I don't know. I mean, this is crazy anyway, so. And you're right, Anthony. I mean all of this stuff that I'm privy to makes for hopefully what people find is a entertaining and informative radio show.
So if the market starts to fall, let's say we get another 2000 or I don't know, Black Monday or 1929 or 2008 or you know, the month of April, the month of March 2020 during COVID let's say the market starts to get real on us all sudden. What should you do about it? My first thing, don't ignore it, if you do your own finances, keep closer tabs than usual. If you have an advisor, hold them accountable. If you want a second opinion from us, Sam, just put on the board, the Plunge Team will save us. I mean, they didn't, they didn't save us in 2008. They save us when they want to.
I don't know if the Plunge team is going to be our best friend during the next correction. And, you know, we just told you, we told you a year ago, the BRICS nations are going to put out a currency called the Unit. Well, it finally went live a week or two ago. So it's all coming into place. We are going to end up with a market crash. We are going to end up with a housing market slowdown, perhaps even a, you know, 2006, 7, 8, 9, whatever the year that was, that that crashed. And things are going to change. They will usher in the central bank digital currency. So let us talk to you about how much physical cash to have at home. You know, pay down debt, buy hard assets. We've been saying that for years. If you listen to us, four years ago or three and a half years ago, when we were new and we talked about gold within the parameters of diversification and moderation, don't you feel like we steered you the right way? Anthony, you never bought precious metals until you came in the office and I told you especially, silver is a great buy, you should buy it. And you bought some. And now you have to think I'm a fricking genius, which you've probably thought since you were 10 or 11 years of age. But now you've got a, it's like a proof. I haven't talked about Teg, Zitcoin in a while. When the government goes to our central bank digital currency, from what they're saying so far, they're going to use stable coins and they're going to be backed by US Treasuries. So our new currency is going to be air, backed by worse air. When that happens, I'm hoping Texit Coin is one of them. Texit coin is going to be a functional working coin made in the usa, Texas. It's made, so it's something on this soil. So I'm still hopeful for Texit. Call me. I'll tell you what I did, I'll tell you how much I bought, I'll tell you what I paid, I'll tell you whatever you want. But you know, there's part of moderation and diversification. Do I think you should sell everything and buy one Asset class. I've never thought that my modus operandi in this career has been laddering out your money. I want you. I want to know what your income is. I want to know how much physical cash you have at home. I want to know what you keep in the bank. I want Anthony to educate you on online banks, which means a bank without brick and mortar structures like Ally Capital One Discover. There's a whole bunch of them. American Express has one. So we want to educate you on these things that people are not generally telling you. What? Why isn't your advisor telling you about online banks? Why? Sam, put on the board. Sam, you're on fire today. Ask Santa for texit this year. That's an outstanding idea. If I. If I cared about Anthony or Jay, I'd pop in a little texit for him, but Anthony's made fun of it, so. Anthony, you don't deserve to be on my rocket ship of texit. You don't deserve any Texit coin, but buy you more xrp.
[00:39:51] Speaker C: I think he'll be okay.
[00:39:53] Speaker A: XRP is down to like a buck 80 or something today. You know, XRP was.
[00:39:57] Speaker C: I didn't care less about XRP either.
[00:40:00] Speaker A: Is there anything you care about other than that sweet flannel shirt you're wearing? Is there anything you care about?
[00:40:05] Speaker C: Christmas cookies.
[00:40:07] Speaker A: Christmas cookies specifically.
[00:40:09] Speaker C: All where my head is out. Yeah, that's all I think about. We've been so busy and I was like, I haven't even had Christmas cookies this year and it's really making me sad.
[00:40:17] Speaker A: That's awesome. But how do you think about Christmas cookies when you just. Yesterday, Dan Bongino announced he's stepping down from the second in charge of the FBI. Dan Bongino. He's going to go back to podcasts and that sucks because we were nipping at the heels of Joe Rogan and we didn't have to deal with Dan Bongino first to get to Joe Rogan's kind of numbers on the podcast. Demographics statistics, whatever it is. And now Dan Bongino is probably going to go back to his podcast and that's going to hurt us. So should we switch gears? What should we do? Should we talk more about Christmas? Do you want me to keep ranting? I did notice something. I was at Across Credit union this morning. I guess there's no reason to name the name, but I was at a credit union and they put up just this week on their website.
I was doing my online banking. Thank you, Anthony, for making me so digitally savvy.
And you should thank me for helping you learn how to write a check seven years ago. Anyway, I was on their website.
It said starting January 1, which was only a couple weeks away, they will not accept or give out pennies any longer. So I'm at the credit union just this morning, and I'm. And I'm. There's a person at the teller in front of me, and the guy's like, he's. He said something about, what am I supposed to do with my pennies? He said to the teller, like, a little bit like, he's not happy with the teller. Believe me, sir, it's not her call on this one. But he's like, what am I supposed to do with my pennies? And she. She didn't really know how to answer that. I guess she better get used to it because starting January 1st, when people didn't see that on the website, they're going to ask that question. So you better have an answer ready. So she just kind of hemmed in hard.
She didn't really answer him. I wanted to intervene and then hand him another money show card. I want to say, sir, you take it to Albertsons. There's a thing called coin. I don't know what it is. There's a big green machine. Dump it in, and for a small service fee, they'll take your Coin Star. Good work, Sam. Sam is on it today. Sam said it's a ripoff Coin Star. We don't need. We don't need sponsors from you if you're ripping people off. Yeah, no, they take a fee when you put your pennies in there, I.
[00:42:16] Speaker C: Would say unless you get it as a gift card. So if you're shopping at like fries or stuff, I think that's what I used to do. I would get as a gift card for groceries because I'm not going to pay him a fee to do that.
[00:42:26] Speaker A: What do you explain that you get a Coin Star gift card or what? What did you just say?
[00:42:31] Speaker C: Yeah, you know, you get to choose a gift card option. Sam, is that. I don't know the last time you did it. Maybe you know that, but I feel like that was the case. You either can do a sponsored gifts or sponsored gift card option and they give you your true amount. So if you put in $100 worth of pennies, you get $100 with, you know, fries, Walmart, blah, blah, blah. Pick the big or.
[00:42:54] Speaker A: Or you would get a little coupon that you could take to the counter and get like 85 bucks they would like.
[00:43:00] Speaker C: So it's like A massive fee to get cash out of it, if I remember correctly.
[00:43:05] Speaker A: I'm just trying to get cash.
Yeah, it's. It's a ripoff. But if you do have an opportunity where they'll give you like credit for something or a store you're already going to buy at, then that's a great place to do it. Nice. So I was on the right track. I should have intervened. I should have just butted in where I'm not welcome or wanted and.
[00:43:23] Speaker C: Or you keep all those pennies for shrapnel for things that you have to build for the end of the world.
[00:43:32] Speaker A: The copper ones are worth more than a penny, so I would hang on to those, but I don't. It is a good question. Like, what do you do if you have a ton of pennies in a few years? Well, and this dude looked like he was about 70, 75. I mean, I'm not great at guessing ages. I never worked at the carnival, but the guy looked like he was like 70 plus. I felt like saying you're probably retired.
You're a military guy. It's a military based credit union. I'm like, you should go home. Have you ever seen these things online where it's like, if you find this wheat penny with some little anomaly on it, it's worth $2 million. Those come out once. Well, for quarters with a misprint or wheat pennies or a liberty dime or a $2 bill. So have you ever seen those things, like where they're like, oh, somebody just at auction sold their $2 bill for a million six.
So I just thought, I thought maybe this guy could just put his penny st strewn across the floor and look for the needle in a haystack and become a millionaire. Give him something to do besides get mad at the tellers. Crabby or person just getting mad at the teller.
[00:44:37] Speaker C: I was like, it sounds like you're telling this story as like a third person. Like it's somebody else that was yelling at the teller. But it was just you this whole time.
[00:44:45] Speaker A: It was me. It was me. I. I have a friend. I've got this friend that like Fight.
[00:44:49] Speaker C: Club where you're Brad Pitt this whole time.
[00:44:52] Speaker A: Yes. I look like Brad Pitt, so I see the analogy there. Oh, Sam said we only have 11 more minutes of the show. We better start a step in. I know it's the holidays and we need to be more light and lively and more fun.
[00:45:03] Speaker C: 40, 50 minutes. Just to say, like, we need to tell you all these things. And it's like, oh my God. We're almost out of time. We should probably tell you all those things we told you we were going to tell you.
[00:45:12] Speaker A: So apparently starting January 1st, Anthony's going to run the show. And I'm going to sit in the background, see how it's done. I'm going to get to hear how our radio show is successful. Not this garbage heap, train wreck, dumpster fire of a show, according to Anthony.
Good work, Anthony. I like that. I like that you hate how the show is. Because that makes me happy that you hate it. Or do you hate it? Do you really hate Anthony? I'll bet you've listened to every episode like six times. I bet Anthony doesn't listen to music or comedy.
[00:45:39] Speaker C: Participated in every episode? I wouldn't say participate. I was around.
[00:45:44] Speaker A: I was like, you've been here.
Not a big trophy over there with participation written on it for you. So, yeah, So a lot going on. A lot of violence. Have you noticed there's a lot of violence? Isn't there a movie? You two are. Big movie Buck. What's the movie? The Christmas where Santa's like a trained killer. CIA dude.
It was really good. We thought it was gonna be so dumb, but Jay and I watched it a couple years ago and it was great. Santa, Silent Night, Deadly Night or something?
[00:46:09] Speaker C: No, violent night.
[00:46:11] Speaker A: Yes, violent night. Oh, it was so good. You know, I mean, it's a hair unrealistic, you know, I mean, there's a hair. You have to be ready for that. Oh, it was so good. So we were.
[00:46:23] Speaker C: Oh, a movie with Santa Claus is slightly unrealistic.
[00:46:27] Speaker A: No, not that Santa Claus is real. No, it's the fact that Santa Claus is killing people. It was. You don't like to see your Santa Claus killing people. So we. Sandy and I just watched a movie on one of our paid subscriptions last weekend with Mel Gibson. Mel Gibson, he's aging nicely. Beautiful man, gray beard, gorgeous.
[00:46:46] Speaker C: On a first name basis with that.
[00:46:47] Speaker A: I know him. I know him. I call him Mel. Not Melvin Gibson like you plea beyond people. No, I met him. I met him in Las Vegas just this last March.
So, yeah, we're on a first name basic. I told you before, I think I met Jack Nicholson. He told me not to name drop. Yeah, Jack Nicholson told me when you drop names like Mel Gibson, it's pretentious. So I try not to do that a lot. I've met Seth Leaves and I know Joe Jaquend. So anybody that wants to, you know, hear him, intimate details on Joe Jaquin. I know, I know about him. So Let me know anyway where I was going with that. Oh, Mel Gibson, what was the movie? What was the movie?
[00:47:25] Speaker C: Batman.
[00:47:26] Speaker A: Fat Man. Yes. Not as good as Violent Night, Deadly Night, or Silent Violent, Whatever Night, but it was, it was interesting. Mel Gibson was Santa Claus and the movie had a pretty high level of violence, so we were kind of surprised. A little bit of off color language which after January 1st I will admire and like more so if you get a chance, go on. I don't know if it was Netflix or Amazon prime, but Fat man, it's interesting. Not a great movie. Mel, you've done better. Not one of your great movies, but still, it's good to see you.
What I was getting at with a lot of violence.
Are you following these murders at Brown University? Two people were killed and today's like day five by the time you hear this, if they haven't caught the person, it might be a week, I don't know. But there were, there were a couple murders at Brown University and they have no suspects. They apparently they took a person of interest in custody and have since let that person go. They're showing a video of people now, it turns out, and you know me, I wear a tinfoil hat regularly. I am open to conspiracy theories, which there are none if you look at the last five years in your life. Apparently the Brown University has been scrubbing their website.
True story. They, they kind of got caught taking a Muslim man's information off their school website. So I don't know what that's about. But anyway, so Brown University, the, the big shooting in Australia at the Jewish celebration. That's crazy. We Rob Reiner, for Pete's sake, and his wife killed by their son. I mean, ISIS murders, Syria. What the heck is going on? So, and I, and I only bring that up because it's Christmas time and I want to make sure everybody's festive.
So yeah, no. And if anybody asks you to give up your second amendment rights in this country, say no. Just say no. Because Australia, they, they told them to give up their guns. I don't know, maybe 20 years ago, who knows when. And people that want to do your harm might still get a gun. So be careful that maybe. And I heard it was a father son over there. Maybe they had a 3D printer. Maybe, maybe they just gave enough money to buy a weapon. I don't know. But you know what Australia's answer was when this happened?
More gun control. True story.
We're never going to worry about the people that commit the crimes. We're never going to worry about like, you know, what, what background these people have, what, what social media presence. Apparently the Australian version of the CIA or FBI or whatever Alphabet letter organization knew about these two. They knew that they could have a problem with these people. And yet it still happened. So that, that's a shame.
So that was Christmasy. Why don't we get to an article? I need to stop flying. I need to stop just spitting out stuff. Anthony, this was a busy week for you giving me articles.
The one obviously I'm going to hit first, the Reddit article.
So it was on 12th December, Reddit says here. Heads up if you missed it. The Fed confirmed they are injecting liquidity by purchasing 40 billion in short term Treasuries over the coming month.
Operations officially started today, December 12.
While the market was focusing on Powell's comments. The plumbing is getting fixed. The effects of liquidity ops usually lag by a few weeks.
So Anthony, you sent that to me. What, what, what are your general thoughts? And then if you want, I'll dig into the, the attachment to that Reddit post.
[00:51:01] Speaker C: Well, I mean, I already mentioned it early in the show. We're printing money and we're dropping rates at the same time. It's dumb there. It's, it's not anything more difficult than that.
[00:51:12] Speaker A: So yeah, this was tied to the Reddit, you know, in Reddit, it's, it's in general, it's younger people. It's kind of like the thing we ended up with last week on Facebook was generally older people. Reddit is younger. It's the hip. The hip kids. Six, seven. So anyway, that was for you, Sandy. Six, seven.
So, a statement regarding Reserve Management Purchases operations.
This is directly from the Federal Reserve bank of New York, which is serving the second district and the nation. Apparently on December 10, they put out a release.
On December 10, 2025, the Federal Open Market Committee directed the Open Market Trading Desk at the Federal Reserve bank of New York to increase system open market account securities holdings to maintain an ample level of reserves through purchases in the secondary market of treasury bills or if needed, the treasury securities with remaining maturities of three years or less. They're buying short term bonds now, kids.
These Reserve management purchases will be sized to accommodate projected trend growth in the demand for Federal Reserve liabilities as well as seasonal fluctuations such as those driven by tax payment dates.
Did anybody understand one word of that paragraph? The government is so good at saying political crap. That doesn't mean any. It means your country. If you live in the United States and you're not hearing us in Japan or elsewhere. Your country is dead broke. Actually, they're not. You know what broke means? Broke means you have no money. Right? Broke is zero. I'm broke. What does broke mean? I don't have any money. No, we're in debt. We're in the hole $38 trillion. And your government is about to print 40 billion a month more. And we don't think that's a problem. And we're going to give all of the military members money and we're going to subsidize the Affordable Care Act. I have a feeling without my crystal ball. Do you want me to read more of this, Anthony, or is that enough of this drivel? The thing's great that the Reddit person tied this to it because, Anthony, whenever I say something, you're like, where's your source? How do you. Where's your receipts? How do you prove it? So this is crazy. We're paying 1 trillion a year just in interest on our 38 trillion in debt. The bricks took their gold back dollar alternative live this month.
What is the. My cousin Vinnie, what's. What's her name? The one you always growing up had a crush on.
[00:53:48] Speaker C: Marisa.
[00:53:49] Speaker A: To Marisa Tomei. You still remember her name. It's like that scene with her biological clock ticking. We are ticking with the, with the.
Oh, with. The country is going to crash. It's just when you're going to see a totally different world. I'll just be glad if you get into your 60s, 70s, 80s, and there's any, any resemblance to what I've seen with Medicare, Medicaid, Social Security, health care, borders, any, anything. But it's all going the wrong way. And with that, I have to say to everybody, if you're listening, I hope you have a wonderful Christmas. I hope you have a very merry Christmas, Happy Hanukkah, Happy New Year, all that stuff. You know, we'll be back next week. We're gonna, we're gonna record on Tuesday, the next two weeks. So we'll try to do more financial and less current events. But Anthony, I somehow I talked too much and I ran the clock out. If you want to take us home.
[00:54:39] Speaker C: Anyways, well, that is it for today's show. If you like what you heard, you have any questions about today's topics, you can reach us at team at another money show.com find us on the web. Another money show dot com. Check us out on YouTube. Guess what? Also another money show dot com. Give us a call 623-52-30444. That number again is 623-52-304 and thank you again to those listening to us at 5am and noon at 9:60 the Patriot on Saturdays. We hope you have a Merry Christmas and we'll see you again soon.
[00:55:21] Speaker B: Thanks for listening to another MONEY show. You deserve to work with a private wealth management firm that will strategically work to protect your hard earned health assets. To schedule your free no obligation consultation, visit anothermoneyshow.com Investment advisory services offer through Brookstone Capital Management, LLC, BCM, a registered investment advisor. BCM and Rochford Financial are independent of each other. Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents. Investments involve risk and unless otherwise stated, are not guaranteed. Past performance cannot be used as an indicator to determine future results.
