Episode Transcript
[00:00:00] Speaker A: Any examples used are for illustrative purposes only and do not take into account your particular investment objectives, financial situation or needs and may not be suitable for all investors. It is not intended to predict the performance of any specific investment and is not a solicitation or recommendation of any investment strategy.
[00:00:18] 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 inc. Reduce their tax risk and reach financial freedom.
So let's start the show. Here are your hosts, Anthony Correjo and J.R. rochford.
[00:00:42] 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, a fully independent fourth generation family office right here in Sun City, Arizona. And we are taking that break so that we can bring you news you may not have heard on those other financial channels. We're aware that the last thing you need is another money show, but we appreciate you being here.
That is, this is we're recording Thursday the 19th. That's if we're not blown away in a nuclear holocaust between now and Saturday when this airs. But at least we'll have the recording done.
[00:01:19] Speaker D: And we've had a good run. I mean geez, this country is what, 250, I don't know how many years old and we've only had two world wars. I mean we're due for a third. So I mean this is talks about.
[00:01:28] Speaker C: How the stock market does in world wars today.
[00:01:33] Speaker D: Yeah, we're financial guys in our day to day life. War is good. War is where money is made. So everybody wants this war except you know like normal people that aren't warmongers but you know, the, the politicians and Blackstone and blackrock and Vanguard. If you guys are listening, we know what you want. So Halibur.
Yeah, land will be cheap. You know, when it's glass and still.
[00:01:55] Speaker C: The same, when we knock out a ton of the population. Think about how affordable housing will be.
[00:01:59] Speaker D: Right? That's a good. And I love the ran from blackrock.
[00:02:02] Speaker C: And Blackstone and Vanguard after they buy.
[00:02:04] Speaker D: Up, you will own nothing. You own nothing. You'll be in a 15 minute Iranian city now. You know, and the good news to me, we're in Phoenix. So for us, going to Iran in the desert is not going to be a huge adjustment. Matt, where are you? You in Atlanta? In Florida? Where are you?
[00:02:19] Speaker B: I'm in Atlanta.
[00:02:20] Speaker A: Yeah.
[00:02:21] Speaker D: All right, so for you it'll Be a little adjustment period but you'll be fine. I mean bring Sam with you. We're going to miss you.
[00:02:26] Speaker C: Iran strike zone like what they can do with their nuclear missiles and it was kind reassuring because it misses pretty much everything west of New Mexico. So we'll be in the clear. Actually not we're of the longevity. We're going to have the longevity and the mutants and all the things that are going to the end of the world. Walking Dead stuff. You're going to go out in a blaze of glory.
[00:02:47] Speaker A: Well yeah, I mean it'll just be quick but yeah. No Sam and even Sam this week, you know he's, he's also in Atlanta but you know he is traveling this week he's in Kansas City I think and so he's not even safe there.
[00:03:00] Speaker C: No, definitely not. Well you ever really ran first target. I don't think they even care about Israel. I think they really just pissed off at Kansas City.
[00:03:08] Speaker D: Yeah. Aren't the city.
[00:03:10] Speaker C: They hate the Chiefs and I don't blame them.
[00:03:12] Speaker D: Yeah. I mean the Chiefs with their super bowl winnings. There's enough of that and you know what they really hate more than anything else? Taylor Swift. So bring it on Iran. We're, we're ready. Let's jump in. First of all thank you Matt for giving us our adult supervision today. The one and only Sam Davis is out today. So we have Matt. We'll be on our best behavior as you know. You know he lets us get away with a lot. I you don't so today will be good. I do want a quick shout out to the the few. We only had a few texters had a couple people text I had mentioned last week or the week before that we've we're past the three year mark. Another money show has been on every Saturday for more than three years. We've never repeated an episode. It doesn't matter if it's Christmas week. I mean we've, we've done a new show every week for over three years and a couple people reached out and said that how great that was and I appreciate that. I mean I wish a few more people would you know email us atteam@anothermoneyshow.com or text or call us but you know thank you to the few that did today in Phoenix. Today it is and as Anthony said it's the 19th. It is supposed to be between 114 and 116 degrees and I yesterday when I was a little bit complaining a little bit and that was just going from my car to My office. You know, I've noticed I have air conditioning in the office. I air conditioning in my car, I have air conditioning in my home. So all I have to do is get between the three and I was complaining. And then I thought last night, because we had a great night, we went out to a trivia night, had a great night. I was like, you know what? It's all about your attitude. If you just stay inside a little bit when it's the peak of the day, look at Anthony, he's ready to jump on me. I'm just, I'm always half full.
[00:04:53] Speaker C: And Anthony, how did that so quickly?
[00:04:56] Speaker D: Oh, I saw this. Work.
[00:04:57] Speaker C: Excited. I was like, oh yeah, yeah. All right, we're going to talk about your positivity today.
[00:05:01] Speaker D: Yeah, I'm not going to work today. I'm gonna stay in my house. I work from home. I mean, don't get me wrong, you know, I used air quotes and I said work because really, do we ever really work? We sit and talk to people for a living. That's pretty cool. Anyway, I just, you know, I want to let you know if you're in any other part of the country or the world. I know we have a couple listeners in Japan. Thank you to my son.
Yeah, enjoy. Because it's brutal here. But as long as you just chill and don't get angry. There's a lot of road rage lately and a lot of upset people. I'm gonna get to that in a minute. But I just, I wanted you to know that if you're feeling bad about your stuff, come here. Where it's supposed to be 114 or 116.
So that's weather on the sports. I heard the LA Lakers are selling for $10 billion billion with a full.
[00:05:45] Speaker C: Team or I thought that was just partial ownership.
[00:05:47] Speaker D: I, you know, I didn't, I, when I saw the headline, I moved on. I really don't care about the Lakers that much. So I, I didn't look into it there. I, I'm hoping it's more than like just the mascot. I think that's the whole team. Yeah, but $10 billion. So I just, I find that as a financial person in a country that's 36 trillion in debt and there's people that are food insecure. It just caught my eye. $10 billion for a sports team. And I guess the Lakers are good. I mean, I, you know, I don't, I don't follow it, but they sell a lot of jerseys. I mean, people go to the game. Isn't that, the game, that.
Wow. Why am I drawing a blank? Jack Nicholson. Isn't he a Lakers fan? Oh, yeah, I met him. I met Jack Nicholson once. I don't want to name drop.
[00:06:34] Speaker C: Yeah, but you guys are on a first name basis. Well, yeah, sure.
[00:06:39] Speaker D: It's like Mel Gibson. We're on a first name basis. I mean, at least I know his. Yeah. So that's weather and sports. Why don't we move on to news? So speaking of the Heat and everything going on, I, I mean, last weekend was Father's Day. It was the no King protest slash rally day. Hopefully everybody stayed safe and had a happy and healthy Father's Day. I, you know, I did, I watched a little bit of it. I saw somebody was shot in Salt Lake City, Utah. I saw there was some more pepper spraying and little bit of shenanigans. But overall, if you had a nationwide protest, it was pretty calm and peaceful. I'm not sure what changed. I know Sam said last week, what's the objective? What's the goal? And I, I'm not sure if anything changed. If people got to, you know, vent and they got to feel better, have at it. It was Han here in Phoenix. Shout out to Eddie. We know a guy named Eddie. If he, if he happens to be listening, he'll know he is. He took several videos. He went up to one of the, the rally points and he took videos and they, the people remain calm. He thanked them for their rational calm, you know, way that they express themselves, and they thanked him. It was actually really, really cool. You know, at first, when I first saw the video, the first one, I was like, holy cow, you, you're a brave. Because he's walking down this line of people's signs saying long live the king. And. And when they'd say something, he's like, you know, I just, I want to thank you for your peaceful protest. And it turned out well, but I was like, man, you're going to get your butt kicked in a big way. So he did not. We're good people.
They are. I mean, I always see the best in people, unlike you. So I, I agree with that. So anyway, last weekend, you know what I've noticed since in just, in the last week, since last time we recorded, I don't know if it's on edge. I don't know if it's the heat. There's a whole bunch of violence going on. There was a, you know, we have a little satellite office up in the White Mountains in Snowflake, Arizona, and there was a double homicide Snowflake is adjoined to another small city named Taylor. And this is made national news. There was a husband and wife killed in Taylor. So that was all in this past week. They did find out who it was. It was the woman's son.
And he wound up in a shootout with police in I believe it's Missouri, I believe. And he is now deceased. But it was kind of unsettling because we're a little tiny city. You know, that city. They said on the news. I heard, you know, Yesterday they said 4,000 people. I think it's more like 5,500, but whatever. Small town. Then there was a shooting right up the road from where we are. It's on a street called hey Hollow. Anthony, you actually looked at a property there, but you didn't wind up getting it. But right up the road from us there was another shooting. So that woman is not deceased. My understanding, they. They helicopter down to the valley so she would selling about.
We don't know yet. They. They're saying that they've never. They haven't caught the person. They're giving very little information.
Then as I'm looking at those stories, I see that three. Three different homes on the street where my home is up there have had their. Their fences cut and people stole stuff, including solar panels and generator. And I'm like, what the heck is going on up there? That's. That's a peaceful place. That's not supposed to have this, you know, down in the Valley, of course, there was a shooting right on Grand Avenue and Greenway within the last week. Your mom, Anthony, said this morning there was a shooting, I guess this morning or overnight in the Desert Ridge area. So I'm the one.
[00:10:02] Speaker C: I saw the shooting on Grand. I came back from Vegas. Was that last year?
[00:10:06] Speaker D: It was on the 101 in Grand.
[00:10:08] Speaker C: I do remember you said that was wild. It was the car right in front of me.
Of course, that was not a vehicle that I was. Had. I was carrying anything in. So that part sucked.
[00:10:18] Speaker D: Carrying? What does that mean? What are you talking about? Not implements of violence. And so anyway, so there's a lot going on. There was another shooting, I just read this morning, in Northern Arizona, in Antelope Valley.
So I. You know, when I have said with the 10 pillars that this ends up with civil war, I'm sad to say that I'm not happy about it. But I think people are too polarized and there's too much.
[00:10:39] Speaker C: What does war do for your finances?
[00:10:42] Speaker D: Well, it's. The market will go up. I Mean, the Teflon Dow doesn't everything goes up.
[00:10:46] Speaker C: It always goes up, junior.
[00:10:48] Speaker D: It does. I mean you've been in the on for seven year old. We had the biggest black swan event in the history of the world, let alone our country. And the market had one month off. And then it was like, you know, screw you, Covid. We're coming back. On April Fool's day, it started rebounding. Shot to new record highs. The Dow 30 companies. So I don't know how serious you should take it, but the Dow is back around, I don't know, 42 grand. You know, the highest it's ever been is like 44. So a lot of weirdness and I just. Oh, you heard about the big. The flash mob last Saturday night at qt? Did you hear about that, Anthony? On. On Bell Roller. Oh yeah.
[00:11:23] Speaker C: You sent me a.
[00:11:24] Speaker D: Well and I started watching the videos. It's young, younger people. I mean apparently they were. There were some people yelling some political, you know, things, but here it was over 50 people. So the police this week are putting out some pictures, trying to find out who they are. But it's like if you feel like you're safe anywhere, if you're not safe on the loop 303 and Bell and you're not safe on grand and Greenway and you're not safe by Desert Ridge and you're not safe in Snowflake Taylor. Where exactly do you feel safe right now? So my, my financial advice, Spend a little your cash and buy some pepper spray, maybe even a bear spray. Get yourself over to Bass Pro Shop, which used to be Cabela's in Glendale and I don't know, maybe pick up some. Whatever the thing Anthony was alluding to because this, this is crazy.
So what I would suggest, call us, sit down with us. You know, financial planning, everybody thinks stocks, bonds, you know, annuities, CDs.
They don't think water, food, Guns ammo, gold, silver. They're starting to, so. And we have been experts in all around financial planning for a long time. So if you want to sit with somebody that can help you determine if you need to spend the money to buy an indoor hydroponics tower garden. If you need somebody to talk to you about how much water you should store because you only have a small apartment or condo. Anthony, are you drinking whiskey right now? Anthony just picked a glass and it's either iced tea or whiskey. And it is 11:26 in the morning, Arizona time. As I just watched this, I'm gonna say it's iced tea just for my own sanity as his stepfather, not just his angered co worker. So back to.
[00:13:02] Speaker C: I don't have any, like coffee bugs here, so I've got to drink it out of that.
[00:13:06] Speaker D: And how do you like me throwing you under the bus for drinking and, and showing or whatever. Whatever this. Anyway where I was going with that. If you want to sit with somebody that will help you with your finances, you know, I mean, we, we're good at it. I've been there almost 30 years. Anthony's been there seven years. He's pretty smart. My father started the practice out here in Arizona when he moved from Illinois to Arizona in 1994. So we've got a good history of helping people. You know what, we don't have the pressure and quotas of the big firms. You know what we do have? We. We have honesty and expertise. So if you want a second opinion on your finances, now is a good time.
I always believe in being proactive, not reactive. If you've heard our mottos, they're always, we want you proactive.
[00:13:48] Speaker C: Everybody waits till it's too late. Nobody.
[00:13:51] Speaker D: Of course they do. 2000, I saw it. I was fairly new. I came in the office in the late 90s. I saw it. You know, 2008 was the granddaddy my father and I were telling people, go safer in 2006. Dollar cost average out of your more aggressive stuff. You know, I mean, do we know what's going to happen? No. Do we feel like this is off? Yes. And I feel like it's a hundred times more off now. They never fixed anything from 2008. So if you want to reevaluate your portfolio and you think you might want a second opinion, even if you're with a genius investor investment firm, let us be that second opinion. I would call us now. The world's weird. I mean, things are a little bit sketchy, but when the next 2008 arrives, we might be too busy to get you in right away. You know, our office. We have Macy, we have Sandy, we have Anthony, we have me, and we have Buddy. We are not a huge firm. Oh, speaking of huge firms, I did hear a radio show commercial. I've heard it twice now. So now I know I wasn't seeing things with my ears. So there's a huge financial planner in Arizona. Big Dogs got radio shows a couple times a day on the financial AM news station. It's not Salem, so I won't mention the name. So I've listened to him for years. I mean, I try to listen to everything I can with financial matters to see what the other people are saying.
Very first time was last weekend. He said, if you've saved 300,000 to 500,000 or more, you should go see me. He never mentioned quotas or minimums before. And I was like, wow, how interesting. Well, he had merged, Anthony, I told you this before. He had merged with another financial firm this year. And they always advertised if you've done the heavy lifting, if you've saved 250,000 or more, you need to come see us. So he merged with them and now all of a sudden there's, there's, you know, minimums to see him. So. And I don't know that you see him anyway. I think you see somebody in the firm. It's a fairly large firm at this point. They have, you know, several locations. If you want the opposite experience, if you want somebody who's a family practice and has remained small on purpose, come see us. All right. Is that enough of a sales pitch? We, we did. Okay, quick, I'll switch gears to not a sales pitch. We did have a young man come in the office just yesterday and he, he's, I'll say is he's in his 80s and he wants to make sure his wife is taken care of. And we don't do a good enough job of telling you part of what we do outside of tell you the sky is falling and the world is ending. And he wanted to make sure that if she got sick, let's say she got dementia or Alzheimer's or some cognitive impairment and he wasn't around to help her, what does she do? So we showed him and I'll just give the example. Obviously I won't mention a company name or his name or any of the identifying information. We showed him how he can take out of his portfolio $100,000 with minimal underwriting. There's actually, they do a phone call with the applicant, they do an application.
They, you know, they want to make sure you're not in a senior community currently or, you know, memory care facility currently.
So if she gets standard, if she gets issued it's a fixed annuity, the leverage on it is huge. If she gets standard, meaning normal, you have some health conditions, whatnot. She's. Yeah, she'll get 200, $2,000 worth of leverage on her 100 grand. If she needs any kind of long term care situation, obviously the company is going to use her, her money first, her 100 grand towards the care, then they're going to add 100 grand. If she gets preferred, it moves up to $303,000. I just, I think that's huge.
You only have three choices if you ever need long term care. One day you either self insure, which is, you know, nowadays that means you better have a lot of money, you better have millions literally, or you have the old long term care insurance, which I'm a dinosaur and Sandy and I still have traditional pay every year we make our premium. So we have long term care insurance or you spend down your assets in an Arizona. The program is the Arizona long term care. It's all tax.
So I just, I wanted to bring that up because it was exciting to me to have this appointment because everybody, you know, they hear the word annuity and they just freak out and they say Dave Ramsey and Susie Orman and Jim Cramer said don't do an annuity. We want you to know there's a lot to them. We have annuities that are CD alternatives. We have annuities that can serve as your asset based long term care plan. Like we're doing for this family.
It's. Yeah, yeah, you need to, you need to see us. My thing, when I think annuities, Anthony thinks the word pension, it's always about, you know, she can use that 100 grand for pension if she doesn't get sick, you know, if she passes away, it goes to her beneficiaries, you know, she, you always get your money back. So it's, it's kind of a, you know, it's great for pension. I think the word safety. When I used to do a lot of mutual fund business, when I used to do securities, my thing was hedge your bets. If you're doing stuff with securities, I think you should have fixed for part of your portfolio to make it safer. And I'll stop there because I don't want to give any financial advice on a general show about current events and how they might affect your future.
So moving on. This week Jerome Powell was out on stage. I love those weeks because when he talks, remember the, was it Charlie Brown? The peanuts? Remember the teacher Wa Wa? When he speaks, all I hear is Wa wa wa wa. We're going to raise rates. We're not going to raise rates. Who gives a crap? The country's got 36 trillion in debt. Really at this point, Jerome, are you, are you really doing anything other than collecting a big fat paycheck? I mean, so he's not going to raise rates. That's, I don't want to spoil it for you if you haven't heard. Not going to raise Rates. But he might, he might, he might. One or two more times this year.
[00:19:30] Speaker C: I know raising rates is good for savers. It's good for our industry.
[00:19:34] Speaker D: Oh, yeah.
[00:19:35] Speaker C: People that want to do safe investing. Not good for loans, not good for mortgages, that's for sure. But we're still in a low interest rate environment.
[00:19:42] Speaker D: But the pro and con. There's pros and cons to everything in life. So my thing for people, whether they raise rates or not, my gosh, get out there and play the lottery. Buy scratchers. Buy lottery tickets. You know why I say that, Anthony today?
Why? Apparently. And I sent you a picture. I'm not a big Corvette guy. Like, I've never really noticed them until you bought one. I mean, I've seen them and they're okay. I've just. I'm not. That's not my thing. Well, I saw one this week, the ZR1. It starts at $174,900. So to me, it's like, you know, buy a condo. Well, not anymore, but. Used to be able to be buying a condo, but. And then it goes up from there. I kind of picked out the one I want, you know, I know it's too late for Father's Day, but. Anthony, I mean, since. Since you love me. My birthday's coming up in February. Gives you time to order it and so forth. The one I want is roughly $214,000 and it is bad to the bone. Zero to 60, under two seconds.
Zero to 60 in under two seconds. All right.
Yeah. So that concludes our news. So now we've hit weather, sports and news. Should we get to a couple articles or what? What else should we do today? You know, hard to. Come on here.
What's that say?
[00:20:59] Speaker C: What do you got for it?
[00:21:01] Speaker D: I got a lot of stuff for you. Let's start with. Here's an article from 8 June from PJ Media.
You know there's still a lot of protests, right? Right, Anthony. And our show is on current events and how they're going to affect your future. So you need to know about this stuff. And we have to somehow tie all this to finances. So this article is great. It does this nicely. So the name of the article again, it's P as in Paul, J as in James Media. Who's paying for the violent LA protests against ice? You are.
And it gets worse from there. I'll just leave a little, you know, I mean, obviously everybody talks about George Soros right away. They talk about dsa, the Democratic Socialists, America. You have to Understand, all of these are not organic. These young people don't just show up. They stay at home and play video games. They're being paid. So I dug in a little bit this past week just to see who the primary payees are.
So I'll just read a little bit of this for you.
Not only are the taxpayers paying for the initial ICE raids. Yeah, I don't even think of that. Which netted 44 illegal aliens. 44. That's all this is about, 44. But we're paying for the police, the sheriff's deputies, the enhanced California Highway Patrol, and the federal response to the violent protests against ice. Or they're mostly peaceful.
And that's only half of it. Most Americans are only too willing to pay for the law enforcement. But it turns out that you're also paying for the LA immigration protesters too. So I'm going to give you a couple of the names in case you want to research this further. Because the more I dug into it and I did spend some time in this one, it's shocking. I already mentioned dsa. The biggest one here in this article is chirla, which is the Coalition for Humane Immigrant Rights.
There's also the seiu, there's psl, there's all these acronyms. And I'll tell you what, they have a whole bunch of money. So where do they get their money anyway? These organization organizations are tied to California's Service Employees International Union. That's the seiu, the organization organization tied to the unrest around the country for decades.
CHIRLA is using its taxpayer funds to sue. I love this. To sue the Trump administration in two separate lawsuits. If that isn't enough of an outrage, hang on. Because it gets worse. The same wealthy socialist cutting checks to these groups also sign checks to the group supporting the man who assassinated two Jewish diplomats in Washington dc. So. And I won't dig in this article too much because it's pretty. If you want to dig into it, look up the organizations. But so the. Our tax dollars. I wish Doge was still a thing. Go to these NGOs, these non governmental organizations like Chirla, and then they fund what's going on like they did in 2020, in the summer of Love. The summer of love. So. And then they're suing Trump because he wants to stop the funding. So everywhere you look, it's our money that's going to the end game, which is split this country in half. Have versus have nots. Red versus blue.
It's so obviously contrived to me, with that said And I want. I do have a couple more things to say about this after the break, but why don't we take a break and then we'll come back. I'll be relaxed and refreshed and all that.
So if you want a second opinion on your finances, if you want to meet with us and sit down with us, we would be more than honored to. Our whole goal in our office is to help people. One person, one couple, one family at a time. Our whole goal on the radio is to wake you up. I give Joe Jaquin credit again. He says the best thing I can say, steal it from Joe. We want to comfort the disturbed and disturb the comfortable. So we're here to sound alarms, just to make sure you are awake and aware and nimble and hopefully watching your financial matters and maybe even your health and so forth. So reach out to us team@anothermoneyshow.com you can call us at 623-523-0444 and as I do every week, I want to ask for your help. We have a YouTube channel, so if you don't mind going to YouTube and looking up another money show, that would make me super happy. We are at 282,000 views of our shorts, so I just. It makes me happy that people want to see our shorts and we only have like 620 subscribers, so please help us. Anthony, anything else you got for us before we go to break?
How's your liking? How's your iced tea?
[00:25:53] Speaker C: Amazing.
[00:25:54] Speaker D: You're sipping it. When I drink iced tea, I drink it faster and usually there's ice cubes in mine, but whatever. All right, kids, we'll see you in just a minute. Thank you so much for being here. We appreciate it.
[00:26:03] Speaker B: Thanks for listening to another money show. If you like what you're hearing, be sure to leave us a rating and subscribe to the show. Wherever you listen to podcasts.
[00:26:21] Speaker D: We all.
[00:26:21] Speaker E: Know the importance of car insurance. It keeps us safe on the road, protects our wallets, and gives us peace of mind.
What if you're paying too much for it? I'm Jim Tarabokia for the Retirement Radio Network powered by Amerilife.
Whether inflation, supply chain disruptions, or just simple traffic violations, there have been a myriad of reasons behind the rising car insurance rates over the past year. Senior Director of Global Insurance Intelligence Group, Stephen Crutzen.
[00:26:48] Speaker D: It's fair to say in the last couple years the average consumer seen over a 20 increase in their auto insurance premium. Some have seen much more though, that.
[00:26:55] Speaker E: According to a report from CNBC, drivers from some states experienced a 40% increase in their premiums. In fact, drivers nationwide spend an average of 3.1% of their income on car insurance premiums alone. In some states, though, it was a lot more. For example, Insurance is up 4.91% in Nevada, 5.01% in Michigan and 5.69%, a whopping number in the state of Florida.
So if you feel you're paying too much for car insurance, there's a simple solution that we want to share with you today. Visit coverage.com, it's a free website that will compare prices for you and deliver a menu of insurance quotes to choose from that can best suit your financial situation.
For the Retirement radio Network powered by Amerilife, I'm Jim Tarabokia.
[00:27:45] Speaker A: Fixed annuities, including multi year guaranteed rate annuities are not designed for short term investments and may be subject to restrictions, fees and surrender charges as described in the annuity contract. Guarantees are backed by the financial strength and claims paying ability of the issuer.
[00:27:59] Speaker B: You're listening to Another Money Show. To learn more and contact Junior and Anthony, visit anothermoneyshow.com welcome back to Another Money Show.
[00:28:10] Speaker D: Thank you so much for being here. You know, we're little fish in a big pond and we, we appreciate your support. We appreciate everything you do for us. So, and take advantage of us. I mean, let us be a second opinion.
And I think it's okay to mention this. Anthony has been working behind the scenes. It's, it's always a little slower in the summer, so Anthony's had a little extra time. He's been working on new commercial and promos for us. So you're, you're gonna hear some new Another Money show and Rochford and associates information soon. So keep your ears open, see what.
[00:28:41] Speaker C: People think about those. I'm excited.
[00:28:43] Speaker D: Can't wait because Anthony's actually writing them. He's not, he's not relying on Sam or Matt or anybody who, who's professional. So they're going to be amateur written, but I think they're really good. He's at least running them by me, you know, I mean, at least I'm getting some input on this. But it's, it's really good. I'm excited. So if you hear one of our new spots coming up in the near future, let us know. Text call, email, let us know.
[00:29:05] Speaker C: We've said it on this show before. It's like you don't really need an hour long to pitch what we, we preach. I really can tell you in 30 seconds. The, the key to a happy retirement. I mean, it's income we talk about all the time. We have multi millionaires that are miserable if their income needs aren't met, then you meet the income needs and then they're fine. And we got people with, I know, maybe 40, 50, 000 in savings and you know, investable assets, which obviously doesn't sound like a lot, but their income's met every month and they do not worry about anything. They got no debts.
They're just, they're doing fine.
[00:29:39] Speaker D: So I've seen it.
[00:29:41] Speaker C: There we go. I already just, I told you the, the key to financial happiness. It took me 30 seconds. We're done. So now what are we gonna talk?
[00:29:47] Speaker D: Three years was the first thing you said in three years. It actually made sense to me. No, I mean, and you're correct. I light up.
I've literally watched it for three decades. You know, the, and, and everybody, the number one fear before even public speaking and death is you're gonna, you're gonna die after you run out of money. You're gonna outlive your money. We have solutions. We can ease that fear for you. If you feel like you missed the boat by buying long term care insurance when you're in your 50s, you did not. We can, we, we can help you. We can leverage what you have to make sure you don't have to worry about it. And it's like the guy that came in, it's so nice because if you live and you don't get sick, you still have the money, you can turn it into a pension. If you die, your beneficiaries get all the money you put in, plus whatever it's grown to. But if you need long term care, we can make your money into two or three times what it's worth if that need arises. These companies want you to see what they have and we will be the conduit to make that happen. Back to the end of the world. Enough of the sales pitch, Anthony. It's very shameless. You're like all the other radio shows. So back to the end of the world.
Continuing on with how there's mass, you know, there's chaos and all these, you know, presumably peaceful cities around Arizona.
When I talk about who's funding all the chaos in la, if this gets like the Summer of Love, then it'll start in, you know, Chicago. Well, actually it already has. It'll start in, you know what, Minneapolis and all that. So right here in Arizona, in Phoenix. Here's an article from 9 June. From the Arizona Free News, Governor Hobbs issues support of anti deportation rioters. I'll just read a hair of this because I know that is self explanatory. Governor Katie Hobbs came out in support of the anti deportation rioters that took to the streets in Los Angeles, California over the weekend. Hobbs signed onto a statement with California Governor Gavin Newsom and all other Democratic governors in the country opposing President Donald Trump's deployment of the California National Guard to stop the LA riots as an alarming abuse of power. Is it really? It's happened in the past, so it says here. The joint statement also demonized Trump for promising to send Marines into the neighborhoods to keep the peace.
Further, threatening to send the US Marines into American neighborhoods undermines the mission of our service members, erodes public trust and shows the Trump administration does not trust local law enforcement. Well, the local law enforcement wasn't really keeping the peace. And I love the signs. I love Eddie's videos. If you're peaceful, express yourself. That's your First Amendment right. Once you loot a small business or 50 of you go and steal beer from a QT on bell on the 303, once you start hurting other people, I'm out. If it takes the, the military to stop it, I, I mean I'm a veteran, I guess I'm in. I'll, I'll be reactivated to help with it because I, I don't agree with how this is being handled in some of these cities.
Let's see here. Let me, let me read a couple more things here. Hobbs has consistently been against immigration enforcement. I, I think that's crazy. Come here legally and you don't have to worry about it. Of the governor demanded answers from the Department of Homeland Security after ICE detained illegal immigrants. Illegal immigrants attending immigration hearings in Phoenix. Really? Illegal immigrants. You're going to show up at the immigration hearings if you're here illegally? Okay. You're not smart enough to stay.
[00:33:28] Speaker C: So anyway, Hobbs said they're trying to do it legally. Right. So they're showing up trying to get a legal pass at that point, right?
[00:33:36] Speaker D: Yeah. But when you know ICE is there and you know you're here illegally, but.
[00:33:40] Speaker C: You should be there while people are trying to be there legally, who should be there?
[00:33:46] Speaker D: I don't know, Anthony. So apparently you and I are on two different sides of this coin too. Let me continue a little bit more in here. Of course we are. And that's what people love about the show because instead of just getting the, the same pad answers like most shows you get two different sides. From somebody who's in his 30s and somebody's in his 60s. And, you know, we've seen things differently. So let's see here. Hobbes said those who migrated illegally. Let me read that again, because that's not a typo. Hobbs, who said those who migrated illegally weren't criminals and shouldn't be detained. What do you not understand about the word illegal? Did you murder somebody in this scenario? You did not. You did not. If I rob a bank. Anthony, answer this one. If I rob a bank and I rob it for millions, that's like murder. That's big level rob bankery. So, yeah, I should be deported if I only take $5,000. If I'm only here illegally, but then I don't kill anybody. Am I still here illegally? Did I still break the laws? And you know what I mean, to me, right is right, wrong is wrong, whether people admit it or not. Moving on, the Party for Socialism and Liberation. I mentioned the PSL right before the break organized the Phoenix protest. The psl. Guess where they're getting their funding. Oh, I don't see any commercials like the ASPCA or the Wounded Warrior Project. You want me to talk about that today? All I see is NGO money. Let me read the last thing. Psl, which has ties to the Chinese Communist Party. That makes me feel better. So it's not just our tax dollars, it's also money from. From Communist China. So anyway, psl, which has ties to the Communist China Party, has consistently organized its protests to appear around coordinated ICE detainments. They and other leftist groups. Let's not even make this political. Let's make it financial. Care if you're on the left or the right, if you agree with looting and setting cop cars on fire and spitting on law enforcement. I don't care what side of the political aisle you're on. I don't care if you're rich or poor. I think you should stop it. So anyway, they and other leftist groups have taken to the streets multiple times this year to protest Trump's immigration enforcement. All right, so now we're tied to.
Dude, Communist China. This just keeps getting worse. And I know, Anthony, we see things differently, but in general, I know that if somebody came down your street and they set your car on fire, you would jump over to my side in a big hurry. I know if somebody's breaking into your house, it was here illegally. And you experience some of what some of the people in LA experience. I know in my mind, always my opinion, not a fact. Because it hasn't happened, you know, yet. At least I. In my opinion. You'll see what I'm saying a little bit more.
[00:36:26] Speaker C: You're here illegally. Right. So that's bottom line, illegal. Like it's. It's in the title. And I get that they want to change the name to change the narrative, but that doesn't change what it is with apps. No, no. I do think we need to make immigration easier so people.
[00:36:43] Speaker D: Yes.
[00:36:44] Speaker C: Feel less do this illegally. I agree with that. You know, if you are healer illegally. But I would say that the problem with the narrative that gets pushed is that everybody that comes over here is a terrorist and they're here to do harm. And it's this and that's that. And that's such a small. Like these people are just trying to get better lives.
[00:37:06] Speaker D: A lot of them are.
[00:37:07] Speaker C: I hate. I hate that narrative that everybody's a. Well, not to say everybody's a criminal because again, back. They are illegal. So that is a crime. So there's that. But violent criminals, they're all violent. They're not all violent criminals.
[00:37:22] Speaker D: They're not the mass majority or not. They want a better life.
[00:37:26] Speaker C: They're just trying to get a better life.
[00:37:29] Speaker D: Okay, and let me ask you a question then. Why do we have to give them free cell phones? Why do we have to give them credit cards? Why do we have to make their lifestyle the way it is? Why don't you come here?
[00:37:37] Speaker C: And we probably shouldn't.
[00:37:39] Speaker D: Well, the last four years, we opened the borders completely and we gave them a lot of free stuff, including, you know, bus trips and plane trips and. And free money here and dry cleaning. We've read the articles on all that.
[00:37:48] Speaker C: I don't agree with any of that.
[00:37:50] Speaker D: I don't either. But let me. Let me give you something. Yes, we need to fix the immigration system. Nobody's arguing with that. But until we do, we need to secure the border. We need to know who's in the country. You know, I did hear an analogy. It was kind of silly, but it. It resonated with me. If you have a bowl of M and M's, picture a cereal bowl full of M and M's, there. Let's say there's 1000m. I don't know how many.
[00:38:10] Speaker C: They had all the brown ones.
[00:38:13] Speaker D: Oh, really, Anthony? No, take out the green ones because.
[00:38:16] Speaker C: They made sounds like what ICE is trying to do.
[00:38:18] Speaker D: Really, Anthony? Okay, let me finish my analogy. So you have a bowl of a thousand M M's and only 100 of the M and M's.
No, that's 10%. Let's, let's go down to 50 only. No, let's go down to 10. If there's only 10 poisonous M and Ms. In a bowl of a thousand, you're going to eat the M and M's. Of course you're not. You're not going to play Russian roulette with M&M's.
If, if only 1% of the people that came in over the last four years are troublemakers and murderers and whatever.
[00:38:49] Speaker C: All the homegrown domestic terrorists, one of the ones that are raised in the good old US Of A. What do you think that should put it in there?
[00:38:57] Speaker D: I have no, I have no. You know, with the L. A Riots, if he's going to be, I don't know even about my Eminem analogy is you're saying there's a small percentage that are doing harm to the country. I'm saying it's not okay. I'm not willing to live with a small percentage. Yes, we have a bigger problem to fix. You know, when you and I have talked about universal basic income, I mean, there we, we have so many things to fix. I don't know where to start.
[00:39:20] Speaker C: But I know it's going to be huge in the next decade because AI is going to take all the jobs. We're going to have automation, machines. It's a new world order. We're done for over.
[00:39:31] Speaker D: And actually, you win the AR we.
[00:39:33] Speaker C: Have over the orange, you know, negativity. You're right, Jer. I'll give it to you. We're done.
Not to worry about immigrants because it's all the machines, the computers.
[00:39:45] Speaker D: Well, I hope the, the machines learn how to deport people because I'm not done. I want the brown MMs out.
Yes. I decided I want to keep the green MMs. I need them at my age. So let's, let's switch gears because we're.
[00:39:57] Speaker C: Very Christian of you, brother.
[00:39:59] Speaker D: Oh, brother. You, you iced tea drinkle. No troll. So let's, let's move on. Here's a fun article for you. This is from msn.com Are you having fun today? I'm having fun today. I think talking about the nation's problems with people being shot and illegal immigration is fun. So.msn.com on the 15th of June.
So it says here, Dodgers, I believe that's a baseball team out of Los Angeles. Dodgers tried to stop Spanish version of the US national anthem before the San Francisco Giants game. Isn't baseball America's pastime?
Isn't it like America, like apple pie and Chevrolet and baseball. So I'll just read a hair of this. On the same day as the nationwide protests against Donald Trump and as Los Angeles continues to see massive protests against sweeping immigration raids from Immigration and Customs Enforcement, I think that sealed ice the Dodgers attempted to stop a Spanish version of the US national from being sung. According to a video posted on TikTok from singer Vanessa Hernandez, who goes by Neza in her professional career, a Dodgers employee attempted to get Hernandez to not sing El Pendon Estrellado before Saturday's game. Do you like how I said that? I'm pretty sure I'm here illegally. That was very impressive. I rolled my Ls that time EL Pendon Estrelado before Saturday's game against San Francisco. But in spite of the Dodgers attempt to stop her, Hernandez sang El Pendon Estrellado anyway on Saturday while wearing a Dominican Republican shirt. She also posted a second TikTok video Saturday night explaining her decision, saying she was still very shooken up. Wouldn't it be shaken? But I read it word for word, shooken up and emotional about the interaction. The last thing I'll read. I love this.
Hernandez said her parents are both immigrants, though they both have since become naturalized citizens. She said she can't imagine them being ripped apart from me even at this age, let alone as a little kid. All right, so when we deport people, let's deport the whole damn family. Let's not rip apart the kids and the parents. Let's. If you're here illegally and you're 18, go. But and all I'm. I know. I'm so Archie Bunker. I'm just. Your parents did it the right way.
And you're going to sing the national anthem on a nationally televised baseball game. You're going to sing the Spanish national anthem. If you do, look up the article, it's msn.com June America's national pastime is.
[00:42:44] Speaker C: Definitely pretty much a Dominican sport at this point.
[00:42:47] Speaker D: Correct.
But what I'm saying, everything's heated. Put. Put the doubts together, Anthony.
I'm saying we end up in civil war. You're trying to infuriate people. And you know what? The national anthem, Anthony, this might not make as much sense to you because you grew up in ERA where they didn't do the Pledge of Allegiance. I don't think in elementary school every day you haven't had the same upbringing I have. Okay, so good. So then join me on this one. If you ever were a veteran of the United States military, The national anthem is important to you. You stand up, you take your hat off, you put your hand on your heart. If you're a veteran, you salute. You do something to honor the people that have died fighting for this country. So somebody that sings the Spanish national anthem at America's pastime baseball game.
No, no, do both. Do like what are they doing in the football games? They're doing the African American.
I don't remember.
They were doing two different anthems. Do both if you need to, but do not replace the national anthem with the Spanish national anthem.
[00:43:44] Speaker C: At least when we're all Mexican. National anthem. It was the u. S. National anthem in Spanish.
[00:43:52] Speaker D: No, it was not, Anthony. Now I'll read another line here. The song is the country's official Spanish language version of the star survival banger in the 19th banger.
[00:44:04] Speaker C: A Spanish version of the American song. So it's our song in a different language. Right.
[00:44:11] Speaker D: Franklin delano Roosevelt commissioned the song as part of his good neighbor policy and el pendon estrellado was officially declared the song in 1945. So a long time ago when we so inflamed and heated, maybe it was okay and I would still stand by what I'm saying, maybe it was okay to do both. But to replace. And you know what, Anthony? Let's say you're right. Let's say it's word for word, translation. I know you're looking up right now. I see you on your.
So anyway, let's say it's word for word because I know you're looking it up. It's word for word. Let's say that that's true because I don't know, I mean, maybe you're right. You know, can you imagine me saying you're right? Doesn't happen very often. So maybe you're right and it's word for word. The star spangled banner.
I don't give a crap. I don't want it in Spanish. I want it in English. Most of the people watching baseball are probably tragically white, middle class, probably older, I don't know. And I think most veterans, I think most senior citizens in sun city are going to take my side, not yours.
[00:45:08] Speaker C: The vast majority of baseball fans or anyone. That stadium would not even notice if they just stopped doing the play or the national anthem before a sporting event.
[00:45:19] Speaker D: You think if they just stop doing okay, then stop doing it. I'll take that over. I want it in a different language. Fine, just stop doing it. Let's all agree as a nation that we no longer want to show pride you know, something we've done historically since apparently 1945 or whatever this is. You know, to me, doing the national anthem before sporty events is kind of part of it. But if you think, Anthony, for your future generations, we should rid ourselves of that inconvenience and nuisance. Go ahead and that inflammatory song. Go ahead and do that. But don't sing in Spanish. Not right now.
[00:45:47] Speaker C: No, all I'm saying is I don't think it's as.
I don't think anyone would really notice.
[00:45:55] Speaker D: And. And, okay, I think you're wrong. But, okay, I think I would notice. I think crabby old men like me and my age that serves their country, I think we would notice. I mean, I. I serve my country. As I told you last week or the week before, I went to an all boys Catholic military boarding school. So I had a military upbringing in high school. And then I actually joined the military. Actually, I didn't. I wasn't drafted. I actually raised my hand voluntarily, you know, And. And they tell you when you do that, they do tell you before you go, you know, are you sure you want to do this? Because your job, whether you're a cook, whether you're a security officer, whether you work in the hospital, as I did, your job is to die. They don't mince words. Your job is to die.
[00:46:32] Speaker C: You.
[00:46:32] Speaker D: You good. You want to raise your hand? Sure. Yeah. Yeah. Yeah. I mean, I'm married, so I'm dying slowly. Shoot your mom. Listen to this. Let's. Let's move on because I know you and I have to disagree on this one a little bit. A little bit. I know deep down inside, you know what I'm saying. Is it a big of a deal as we're making right now? Probably not. Who cares? I care. And you know what? It's my show.
It's my show. It's our show. So I'll let you have your input. But I'm not going to agree with you because I don't want to both be wrong. So let's move on. So here's one. Here's one for you. This one is from a gold company. So you already know what way this is going to lean. I want to, you know, full disclosure on this. This is from the Birch Gold Group. It was penned on 523 25.
So if you. If you want this article, we'll send it to you or look up their website for the Birch Gold Group. Sorry, I'm not trying to sponsor them by any means. On May 23, the Rio Reset inside The BRICS de Dollarization drive. The reason I wanted to have this one ready for today is because the big meeting in Rio, the BRICS meeting, you know, we brought this up on the show two years ago and it became a nothing burger. We said, you know, when they have the big meeting, we'll see if this begins the end of the dollar. And it didn't. Nothing changed. It was all fanfare with no results. Well, this year I'm willing to at least make sure you're aware of it once again in case this time it starts moving. So anyway, this summer's BRICS summit in Rio de Janeiro isn't just another meeting. It's the culmination of a decade long plan to bypass the US dollar. So I mean they've clearly been working on it. I mean we can find scores of pieces of information on what they're doing to get rid of the dollar. What BRICS is building is not a currency. It's a new financial operating system completely independent of the western bank's rules and permissions.
More. Back in 2023, Brics never revealed their real plan. The threat of an international gold backed BRICS buck was a brilliant distraction. The mainstream media laughed it off. The alternative media engaged in doom mongering. We were right in the middle of that. Hopefully. I didn't say the world was ending, I said it's going to end one day.
The BRICS members quietly pressed ahead with something far more ambitious. A complete parallel global financial system. A new 21st century Bretton woods designed to bypass the dollar completely. This summer, July 6th and 7th, 2025, BRICS leaders are meeting again in Rio de Janeiro, Brazil. So is this going to be. And this article's longer. They show graphs on how the central banks are interconnected, offshore banks, all that. It's very interesting but you know, keep your eyes open. If you get back from the fourth of July.
What is the delay?
I mean, I don't even know what it is. I like to make up words when I can't say them. And you're the one that's drinking iced tea, not me, I'm having coffee. So keep your eyes on coming back to work from the July 4th holiday and, and let's see if we get any closer to losing our status as the world reserve currency. It. It is possible.
Oh, you want to move on? You sent me several articles.
[00:49:50] Speaker C: Genius act at all.
[00:49:53] Speaker D: The genius act.
Tell me more. Is that one of the articles you sent me? Because I have like.
[00:49:58] Speaker C: Yeah, apparently there's a bill going through. I can't not positive where it's at through. I think it's passed a couple of House. I don't know if it's gotten through. Congress essentially has to do with stable coins, and it's more federal regulations. So essentially, they're giving more legitimacy to cryptocurrencies.
[00:50:19] Speaker D: Well, they want to. They want a bitcoin. They. They're implying or acting. You know, when you look at Trump and Junior, they're. They're straight out saying, we need a bitcoin reserve. They're saying it's going to be worth a million dollars eventually.
So, yeah, that doesn't surprise me. And I'll tell you what. I mean, they know the dollar's dead. They know it's gone. It's. It's in its last leg. It's just waiting to fall over. So either we go gold back and we go back to the gold standard, which, you know, gold has become a tier one asset now, so that's a good sign.
We need to audit the Fort Knox. By the way, where are you? Elon? I thought. I thought we're gonna have Elon Musk and Trump in a bunch.
[00:50:52] Speaker C: He broke up.
[00:50:54] Speaker D: Yeah. They need to get back together. We need DOGE to stop the NGO funding, and we need a lot of stuff.
Yeah. So Geraldo Rivera is standing outside of the Fort Knox with a camera ready to see Al Capone's gold holdings.
[00:51:07] Speaker C: So, yeah, I've heard that.
[00:51:10] Speaker D: Who knows?
I think so. I think he's become just a mouthpiece for one of the political sides. I don't know. So back to what you're saying. It's coming.
The dollar's dead, so you should buy some cryptocurrencies. Maybe. I can't even believe that just came out of my mouth. I just did in the last month. I mean, maybe you should have some gold and silver and guns and ammo and water and food and alcohol and tobacco and stocks and bonds and fixed annuities. Maybe you should. Maybe you should hedge your bets right now. So if you want to know what crypto I bought, reach out to me. I told Anthony I wouldn't say the name on air, so I. I'm sad you didn't come with me, but that's okay when I'm a multimillionaire and I'm building a bunker up in Snowflake so nobody shoots me. And you better not drop a bunker buster on my. My bunker. Anthony, I don't know that I'm going to let you into my. My bunker. I always. My plan was to let you and Sandy and Jan Nick in. I'm not sure. So I'll have to see.
[00:51:59] Speaker C: So you're incredibly unhealthy. I'll inherited in no time.
Oh, next next week will just be like how to just wait to inherit stuff.
[00:52:12] Speaker D: I'm incredibly unhealthy. That's a rude thing to say to our general listening audience. So let's, let's talk about a couple of the articles you sent me. Oh, man. Matt said we're almost out of time. We're, we want Sam back. He always gives us two hours.
All right, so let me just touch on one of these at least, and then I guess we have to wrap it up. And I'm going to save the articles you sent me for next week because they're really good. I didn't mean to run the clock out on the national pastime. Here's one from Business Insider. From 16 June, retirement accounts are secret weapon for new stock market records. I very rarely hear a new financial term, but this one's a great one. The TINA trade. Americans are snapping up huge volumes of stock via their retirement accounts. Goldman Sachs says the TINA trademark, which stands for there is no alternative to stocks. By the way, what other machine? Every single Friday in this country, there's an influx into this house of cards, which is our financial stock market. Your 401k, whether you get paid biweekly or weekly or two weekly, every Friday a ton of money goes into the stock market. We need to, we need to put.
[00:53:20] Speaker C: That when I read the article is how often you've said that to people. And I was like, here's an article saying this is what's holding everything up. It's not necessarily holding everything up, but it's definitely helping for sure.
[00:53:30] Speaker D: But you have to take us out. Sorry, Anthony.
[00:53:32] Speaker C: All right. Well, that's it for today's show. If you like what you heard, you have questions, reach out to us AT team@Another Money Show.com give us a call. 623-523-0444. The number again, 623-523-0444. We'll see you again next week right here on 960, the Patriot at noon.
[00:53:52] Speaker D: And five in the morning.
[00:53:56] 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 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.
[00:54:34] Speaker A: Any examples used are for illustrative purposes only and do not take into account your particular investment objectives, financial situation or needs and may not be suitable for all investors. It is not intended to predict the performance of any specific investment and is not a solicitation or recommendation of any investment strategy.
[00:54:53] Speaker B: Fixed indexed annuities can help protect your retirement savings against market ups and downs. Nationwide's Peak 10 can help protect against market risk and provide guaranteed income for life. Peak 10 also has an optional rider that offers an immediate 20% bonus based on your principal applied to your income benefit base. Call us now at the end at 623-523-0444. That's 623-523-0444 to connect with a qualified advisor. Investment advisory services offered through Brookstone Capital Management, llc, a registered investment advisor. Guarantees and protections referenced within are subject to the claims paying ability of Nationwide Life and Annuity Insurance Company. Nationwide Peak 10 is issued by Nationwide Life and Annuity Insurance Company, Columbus, Ohio. Neither Nationwide nor its other entities are associated or affiliated with Brooks DO Capital Management, LLC.
[00:55:41] Speaker A: Got questions? Call Rochford & Associates now at 623-523-0444. That's 623-523-0444.
