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Should You Invest in Real Estate Beyond Your Home? · Becoming Financially Confident

• 0:38
  Investing
• 0:38
  in
• 0:38
  real
• 0:38
  estate
• 0:39
  seems
• 0:39
  glamorous
• 0:39
  until
• 0:40
  you
• 0:40
  realize
• 0:41
  this.
• 0:41
  You
• 0:41
  just
• 0:41
  paid
• 0:41
  a
• 0:42
  million
• 0:42
  dollars
• 0:42
  to
• 0:43
  become
• 0:43
  an
• 0:43
  on
• 0:43
  call
• 0:44
  plumber
• 0:44
  for
• 0:44
  strangers.
• 0:45
  Yeah,
• 0:45
  it's
• 0:46
  really
• 0:46
  that,
• 0:46
  isn't
• 0:46
  it?
• 0:47
  So
• 0:47
  I
• 0:47
  got
• 0:47
  this
• 0:48
  listener
• 0:48
  question.
• 0:48
  I
• 0:48
  said,
• 0:49
  this
• 0:49
  is
• 0:49
  a
• 0:49
  great
• 0:49
  way
• 0:49
  to
• 0:49
  start
• 0:49
  the
• 0:50
  show.
• 0:50
  Ralph,
• 0:51
  I
• 0:51
  own
• 0:51
  my
• 0:51
  home,
• 0:52
  but
• 0:52
  I
• 0:52
  keep
• 0:52
  hearing
• 0:53
  about
• 0:53
  investing
• 0:54
  in
• 0:54
  real
• 0:54
  estate.
• 0:55
  Should
• 0:55
  I
• 0:55
  think
• 0:55
  about
• 0:55
  rentals
• 0:56
  or
• 0:56
  REITs?
• 0:57
  And
• 0:57
  I'll
• 0:57
  talk
• 0:57
  a
• 0:57
  little
• 0:57
  bit
• 0:57
  later
• 0:58
  about
• 0:58
  what
• 0:58
  a
• 0:58
  REIT
• 0:58
  is.
• 0:59
  What
• 0:59
  a
• 1:00
  great
• 1:00
  question.
• 1:01
  And
• 1:01
  here's
• 1:02
  the
• 1:02
  truth.
• 1:02
  I
• 1:02
  want
• 1:02
  to
• 1:02
  start
• 1:02
  off
• 1:02
  by
• 1:02
  saying
• 1:03
  this.
• 1:03
  Real
• 1:03
  estate
• 1:04
  is
• 1:04
  not
• 1:04
  for
• 1:04
  everyone.
• 1:05
  You
• 1:06
  really
• 1:06
  have
• 1:06
  to
• 1:06
  understand
• 1:06
  it
• 1:07
  before
• 1:07
  you
• 1:07
  jump
• 1:07
  into
• 1:07
  it.
• 1:08
  I'll
• 1:08
  tell
• 1:08
  you
• 1:08
  a
• 1:08
  story
• 1:08
  a
• 1:08
  little
• 1:08
  bit
• 1:09
  about
• 1:09
  how
• 1:09
  I
• 1:09
  had
• 1:09
  a
• 1:10
  client
• 1:10
  that
• 1:10
  jumped
• 1:10
  right
• 1:10
  into
• 1:10
  it,
• 1:11
  didn't
• 1:11
  really
• 1:11
  understand
• 1:11
  what
• 1:12
  he
• 1:12
  was
• 1:12
  getting
• 1:12
  into.
• 1:13
  But
• 1:13
  real
• 1:14
  estate,
• 1:14
  whether
• 1:14
  it's
• 1:14
  rentals,
• 1:15
  REITs,
• 1:15
  or
• 1:15
  even
• 1:16
  land,
• 1:16
  is.
• 1:17
  So
• 1:17
  many
• 1:17
  times
• 1:17
  I
• 1:18
  hear
• 1:18
  about
• 1:18
  this
• 1:18
  talk
• 1:18
  by
• 1:18
  these
• 1:18
  financial
• 1:19
  gurus
• 1:19
  everywhere.
• 1:20
  It's
• 1:20
  the
• 1:20
  next
• 1:21
  big
• 1:21
  step
• 1:21
  to
• 1:21
  build
• 1:22
  wealth.
• 1:23
  But
• 1:24
  is
• 1:24
  it
• 1:24
  really
• 1:24
  right
• 1:24
  for
• 1:24
  everybody?
• 1:25
  That's
• 1:26
  what
• 1:26
  I'm
• 1:26
  gonna
• 1:26
  talk
• 1:26
  about
• 1:27
  on
• 1:27
  today's
• 1:27
  show.
• 1:29
  This
• 1:29
  is
• 1:30
  Financially
• 1:30
  Confident
• 1:31
  Christian,
• 1:31
  your
• 1:32
  daily
• 1:32
  dose
• 1:32
  of
• 1:32
  gospel,
• 1:33
  grounded
• 1:33
  insight
• 1:34
  and
• 1:34
  faith
• 1:34
  driven
• 1:35
  tips
• 1:35
  to
• 1:36
  help
• 1:36
  you
• 1:36
  break
• 1:36
  the
• 1:36
  cycle
• 1:36
  of
• 1:37
  financial
• 1:37
  shame
• 1:37
  with
• 1:38
  confidence.
• 1:40
  Hello
• 1:41
  there,
• 1:41
  welcome.
• 1:41
  My
• 1:41
  name
• 1:41
  is
• 1:42
  Ralph.
• 1:42
  Thank
• 1:42
  you
• 1:42
  for
• 1:42
  being
• 1:42
  here
• 1:43
  today
• 1:43
  and
• 1:43
  thank
• 1:43
  you
• 1:43
  for
• 1:44
  joining
• 1:44
  me
• 1:44
  again.
• 1:45
  I
• 1:45
  appreciate
• 1:45
  the
• 1:46
  trust
• 1:46
  you
• 1:46
  place
• 1:46
  in
• 1:47
  me
• 1:47
  and
• 1:47
  I'm
• 1:48
  so
• 1:48
  excited
• 1:49
  to
• 1:49
  continue
• 1:50
  this
• 1:50
  investment
• 1:50
  series
• 1:51
  with
• 1:51
  you.
• 1:52
  And
• 1:52
  today
• 1:52
  we're
• 1:52
  going
• 1:52
  to
• 1:52
  talk
• 1:53
  about
• 1:53
  another
• 1:53
  great
• 1:54
  tool
• 1:54
  in
• 1:54
  your
• 1:54
  investment
• 1:55
  tool
• 1:55
  belt.
• 1:55
  Just
• 1:56
  picture
• 1:56
  this
• 1:56
  tool
• 1:57
  belt
• 1:57
  you've
• 1:57
  got
• 1:58
  and
• 1:58
  this
• 1:58
  30
• 1:58
  day
• 1:58
  series
• 1:59
  is
• 1:59
  we're
• 1:59
  adding
• 1:59
  more
• 1:59
  tools
• 2:00
  each
• 2:00
  day.
• 2:00
  Well,
• 2:01
  today
• 2:01
  we're
• 2:01
  going
• 2:01
  to
• 2:01
  talk
• 2:01
  about
• 2:02
  the
• 2:02
  idea
• 2:02
  of
• 2:02
  rentals,
• 2:03
  real
• 2:03
  estate
• 2:04
  and
• 2:04
  REITs.
• 2:05
  You
• 2:05
  might
• 2:05
  be
• 2:05
  saying,
• 2:06
  Ralph,
• 2:06
  okay,
• 2:06
  what
• 2:07
  gives
• 2:07
  you
• 2:07
  the
• 2:07
  right
• 2:07
  to
• 2:07
  talk
• 2:08
  about
• 2:08
  this?
• 2:09
  The
• 2:09
  truth
• 2:09
  is
• 2:09
  I've
• 2:10
  advised
• 2:10
  clients
• 2:10
  for
• 2:11
  years
• 2:11
  on
• 2:11
  how
• 2:12
  this
• 2:12
  real
• 2:12
  estate
• 2:12
  fits
• 2:13
  or
• 2:13
  in
• 2:13
  many
• 2:13
  cases
• 2:14
  doesn't
• 2:15
  fit
• 2:15
  into
• 2:15
  their
• 2:15
  overall
• 2:16
  financial
• 2:16
  strategy.
• 2:17
  So
• 2:18
  here's
• 2:18
  a
• 2:18
  big
• 2:18
  takeaway.
• 2:18
  Before
• 2:18
  I
• 2:19
  even
• 2:19
  get
• 2:19
  too
• 2:19
  far
• 2:19
  into
• 2:19
  it
• 2:20
  today,
• 2:20
  you
• 2:21
  got
• 2:21
  to
• 2:21
  think
• 2:21
  about
• 2:21
  this.
• 2:21
  It's
• 2:22
  not
• 2:22
  a
• 2:22
  one
• 2:22
  size
• 2:22
  fits
• 2:23
  all
• 2:23
  answer.
• 2:24
  If
• 2:24
  you
• 2:24
  keep
• 2:25
  hearing,
• 2:25
  well,
• 2:25
  I've
• 2:25
  got
• 2:25
  to
• 2:26
  get
• 2:26
  invested
• 2:26
  in
• 2:26
  real
• 2:26
  estate,
• 2:26
  I
• 2:27
  got
• 2:27
  to
• 2:27
  get
• 2:27
  invested
• 2:27
  in
• 2:27
  real
• 2:27
  estate.
• 2:28
  It
• 2:28
  depends
• 2:29
  because
• 2:29
  I've
• 2:30
  seen
• 2:30
  the
• 2:30
  challenges
• 2:31
  when
• 2:31
  people
• 2:31
  jump
• 2:31
  right
• 2:31
  into
• 2:32
  this
• 2:32
  and
• 2:32
  I've
• 2:32
  seen
• 2:32
  people
• 2:33
  completely
• 2:34
  destroy
• 2:34
  their
• 2:35
  finances
• 2:35
  if
• 2:36
  they're
• 2:36
  not
• 2:36
  well
• 2:36
  prepared
• 2:37
  for
• 2:37
  that.
• 2:37
  It
• 2:37
  can
• 2:37
  be
• 2:37
  a
• 2:37
  real
• 2:38
  disaster.
• 2:39
  Unfortunately,
• 2:40
  I've
• 2:40
  seen
• 2:41
  people
• 2:41
  lose
• 2:41
  their
• 2:41
  entire
• 2:42
  life
• 2:42
  savings
• 2:43
  because
• 2:43
  of
• 2:43
  this.
• 2:43
  Let
• 2:44
  me
• 2:44
  tell
• 2:44
  you
• 2:44
  about
• 2:44
  that
• 2:44
  story.
• 2:45
  I
• 2:45
  had
• 2:45
  this
• 2:46
  One
• 2:46
  client,
• 2:46
  he
• 2:47
  was
• 2:48
  typical
• 2:48
  9
• 2:48
  to
• 2:49
  5,
• 2:49
  working
• 2:49
  job,
• 2:49
  had
• 2:50
  a
• 2:50
  regular,
• 2:50
  regular
• 2:51
  job,
• 2:51
  paid
• 2:52
  a
• 2:52
  salary.
• 2:52
  And
• 2:52
  he
• 2:53
  said,
• 2:53
  ralph,
• 2:53
  I
• 2:53
  really
• 2:54
  want
• 2:54
  to
• 2:54
  build
• 2:54
  wealth.
• 2:55
  He
• 2:55
  said,
• 2:55
  I'm
• 2:55
  thinking
• 2:56
  about
• 2:56
  buying
• 2:56
  rental
• 2:57
  properties.
• 2:57
  And
• 2:58
  I
• 2:58
  said,
• 2:58
  okay,
• 2:58
  well,
• 2:58
  let's
• 2:59
  come
• 2:59
  in
• 2:59
  and
• 2:59
  talk
• 2:59
  about
• 2:59
  it.
• 3:00
  Well,
• 3:00
  next
• 3:00
  thing
• 3:00
  you
• 3:00
  know,
• 3:00
  he
• 3:01
  calls
• 3:01
  me,
• 3:01
  says,
• 3:01
  Ralph,
• 3:01
  I
• 3:02
  bought
• 3:02
  10
• 3:02
  rental
• 3:02
  properties.
• 3:03
  I
• 3:04
  said,
• 3:04
  wait
• 3:04
  a
• 3:04
  second,
• 3:04
  you
• 3:04
  bought
• 3:05
  how
• 3:05
  many
• 3:05
  rental
• 3:05
  properties?
• 3:06
  Said,
• 3:06
  Yeah,
• 3:06
  I
• 3:06
  bought
• 3:06
  10.
• 3:07
  I
• 3:08
  said,
• 3:08
  okay,
• 3:09
  well
• 3:09
  that.
• 3:10
  He
• 3:10
  says,
• 3:10
  no,
• 3:10
  I
• 3:10
  saw
• 3:11
  this
• 3:11
  guru
• 3:11
  online,
• 3:12
  said
• 3:12
  the
• 3:12
  best
• 3:13
  way
• 3:13
  to
• 3:13
  build
• 3:13
  wealth
• 3:13
  is
• 3:14
  to
• 3:14
  buy
• 3:14
  rental
• 3:14
  properties.
• 3:16
  But
• 3:16
  here's
• 3:16
  the
• 3:16
  problem.
• 3:16
  This
• 3:17
  client
• 3:17
  wasn't
• 3:17
  clear
• 3:17
  what
• 3:17
  he
• 3:17
  was
• 3:18
  getting
• 3:18
  into.
• 3:19
  Like
• 3:19
  I
• 3:19
  said
• 3:19
  a
• 3:19
  few
• 3:19
  minutes
• 3:20
  ago,
• 3:20
  he
• 3:20
  had
• 3:20
  a
• 3:20
  full
• 3:20
  time
• 3:20
  job.
• 3:21
  He
• 3:22
  had
• 3:22
  no
• 3:22
  concept
• 3:23
  of
• 3:23
  what
• 3:23
  it
• 3:23
  was
• 3:23
  going
• 3:23
  to
• 3:24
  be
• 3:24
  like
• 3:24
  to
• 3:24
  manage
• 3:24
  10
• 3:25
  rental
• 3:25
  properties.
• 3:26
  He
• 3:26
  didn't
• 3:27
  have
• 3:27
  the
• 3:27
  time
• 3:27
  to
• 3:27
  do
• 3:27
  it.
• 3:28
  She
• 3:28
  had
• 3:29
  to
• 3:29
  pay
• 3:29
  somebody
• 3:29
  to
• 3:29
  be
• 3:29
  his
• 3:30
  rental
• 3:30
  manager.
• 3:30
  Well,
• 3:30
  guess
• 3:31
  what?
• 3:31
  That
• 3:31
  ate
• 3:31
  into
• 3:31
  the
• 3:32
  profits
• 3:33
  and
• 3:33
  it
• 3:33
  created
• 3:33
  this
• 3:34
  huge
• 3:34
  headache.
• 3:35
  And
• 3:35
  even
• 3:35
  though
• 3:36
  yes,
• 3:36
  rentals
• 3:37
  can
• 3:37
  be
• 3:37
  a
• 3:37
  good
• 3:38
  fit,
• 3:39
  in
• 3:39
  his
• 3:39
  particular
• 3:39
  case,
• 3:40
  the
• 3:40
  headaches
• 3:40
  outweighed
• 3:41
  the
• 3:41
  cash
• 3:41
  flow.
• 3:43
  So
• 3:43
  think
• 3:43
  about
• 3:43
  that.
• 3:43
  That's
• 3:44
  a
• 3:44
  warning
• 3:44
  right
• 3:44
  there.
• 3:45
  I
• 3:45
  hated
• 3:46
  to
• 3:46
  see
• 3:46
  it
• 3:46
  happen.
• 3:46
  I
• 3:46
  mean,
• 3:46
  the
• 3:46
  guy
• 3:47
  lost
• 3:47
  everything
• 3:47
  he
• 3:47
  worked
• 3:48
  so
• 3:48
  hard
• 3:48
  for.
• 3:49
  Now,
• 3:49
  on
• 3:49
  the
• 3:50
  other
• 3:50
  hand,
• 3:50
  I
• 3:50
  had
• 3:50
  another
• 3:50
  client.
• 3:51
  Now
• 3:51
  they
• 3:52
  invested
• 3:52
  in
• 3:52
  a
• 3:52
  REIT.
• 3:54
  Talk
• 3:54
  about
• 3:54
  REITs
• 3:54
  right
• 3:54
  now,
• 3:55
  because
• 3:55
  I
• 3:55
  really
• 3:55
  want
• 3:55
  you
• 3:55
  to
• 3:55
  understand
• 3:56
  what
• 3:56
  a
• 3:56
  REIT
• 3:56
  is.
• 3:57
  So
• 3:57
  a
• 3:58
  REIT
• 3:58
  is
• 3:58
  a
• 3:58
  real
• 3:58
  estate
• 3:59
  investment
• 3:59
  trust.
• 4:00
  And
• 4:00
  Basically
• 4:00
  the
• 4:00
  way
• 4:00
  REITs
• 4:01
  work
• 4:01
  is
• 4:01
  this.
• 4:02
  A
• 4:03
  REIT
• 4:03
  is
• 4:03
  basically
• 4:04
  a
• 4:04
  mutual
• 4:04
  fund
• 4:04
  for
• 4:05
  real
• 4:05
  estate.
• 4:05
  A
• 4:06
  fund
• 4:06
  manager
• 4:06
  goes
• 4:07
  out
• 4:07
  and
• 4:07
  creates
• 4:07
  this
• 4:08
  fund,
• 4:08
  and
• 4:08
  in
• 4:08
  that
• 4:09
  fund
• 4:09
  it
• 4:09
  owns
• 4:10
  different
• 4:10
  pieces
• 4:11
  of
• 4:11
  real
• 4:11
  estate.
• 4:12
  But
• 4:12
  here's
• 4:13
  the
• 4:13
  benefit
• 4:13
  to
• 4:13
  that.
• 4:13
  You
• 4:14
  don't
• 4:14
  have
• 4:14
  to
• 4:14
  be
• 4:14
  that
• 4:14
  landlord
• 4:15
  at
• 4:15
  three
• 4:16
  in
• 4:16
  the
• 4:16
  morning
• 4:16
  when
• 4:16
  a
• 4:17
  toilet
• 4:17
  gets
• 4:17
  backed
• 4:17
  up
• 4:18
  or
• 4:18
  a
• 4:18
  pipe
• 4:18
  bursts.
• 4:19
  It's
• 4:19
  all
• 4:20
  part
• 4:20
  of
• 4:20
  a
• 4:20
  puzzle
• 4:21
  that
• 4:21
  somebody
• 4:21
  else
• 4:22
  is
• 4:22
  putting
• 4:22
  together.
• 4:22
  You
• 4:22
  get
• 4:23
  that
• 4:23
  real
• 4:23
  estate
• 4:23
  exposure,
• 4:24
  you
• 4:24
  get
• 4:24
  the
• 4:24
  benefit
• 4:24
  of
• 4:25
  being
• 4:25
  in
• 4:25
  that
• 4:25
  market,
• 4:26
  but
• 4:26
  you
• 4:26
  don't
• 4:27
  have
• 4:27
  that
• 4:27
  stress
• 4:27
  of
• 4:27
  tenants
• 4:28
  and
• 4:28
  repairs.
• 4:29
  And
• 4:30
  I
• 4:30
  love
• 4:30
  what
• 4:30
  Robert
• 4:31
  Kiyosaki
• 4:31
  says.
• 4:32
  Robert's
• 4:32
  one
• 4:32
  of
• 4:32
  these
• 4:32
  fellows
• 4:33
  that
• 4:33
  really
• 4:33
  understands
• 4:34
  real
• 4:34
  estate.
• 4:34
  He's
• 4:34
  an
• 4:34
  investment
• 4:35
  guru
• 4:36
  and
• 4:36
  I
• 4:36
  love
• 4:36
  what
• 4:36
  he
• 4:36
  said.
• 4:37
  He
• 4:37
  said
• 4:37
  this,
• 4:37
  he
• 4:37
  said,
• 4:37
  don't
• 4:38
  work
• 4:38
  for
• 4:38
  money,
• 4:39
  let
• 4:39
  money
• 4:40
  work
• 4:40
  for
• 4:40
  you.
• 4:41
  And
• 4:41
  I
• 4:41
  said,
• 4:42
  you
• 4:42
  know
• 4:42
  what,
• 4:42
  Robert?
• 4:42
  That's
• 4:42
  a
• 4:42
  great
• 4:43
  way
• 4:43
  to
• 4:43
  put
• 4:43
  it.
• 4:43
  What
• 4:43
  do
• 4:44
  you
• 4:44
  think?
• 4:44
  That
• 4:44
  was
• 4:44
  a
• 4:45
  great
• 4:45
  way
• 4:45
  to
• 4:45
  put
• 4:45
  it?
• 4:46
  Because
• 4:46
  wisdom
• 4:47
  and
• 4:47
  stewardship
• 4:47
  matter.
• 4:49
  But
• 4:49
  as
• 4:49
  I
• 4:50
  said,
• 4:50
  if
• 4:50
  you're
• 4:50
  hearing
• 4:50
  a
• 4:51
  theme
• 4:51
  in
• 4:51
  this
• 4:51
  whole
• 4:51
  series,
• 4:52
  it's
• 4:52
  really
• 4:53
  all
• 4:53
  about
• 4:53
  balance.
• 4:54
  So
• 4:54
  let's
• 4:54
  get
• 4:55
  into
• 4:55
  the
• 4:55
  details
• 4:55
  a
• 4:55
  little
• 4:56
  bit.
• 4:56
  The
• 4:57
  truth
• 4:57
  is,
• 4:57
  rentals
• 4:57
  can
• 4:58
  provide
• 4:58
  some
• 4:58
  steady
• 4:59
  income.
• 4:59
  But
• 4:59
  you
• 4:59
  got
• 4:59
  to
• 4:59
  remember
• 5:00
  this
• 5:01
  not
• 5:01
  only
• 5:01
  to
• 5:02
  bring
• 5:02
  income,
• 5:02
  you
• 5:02
  got
• 5:02
  to
• 5:02
  worry
• 5:03
  about
• 5:03
  property
• 5:03
  management.
• 5:03
  You
• 5:04
  got
• 5:04
  to
• 5:04
  worry
• 5:04
  about
• 5:04
  the
• 5:04
  other
• 5:05
  costs
• 5:05
  associated
• 5:06
  with
• 5:06
  that.
• 5:06
  You're
• 5:07
  going
• 5:07
  to
• 5:07
  have
• 5:07
  tenants.
• 5:07
  All
• 5:07
  of
• 5:07
  a
• 5:08
  sudden,
• 5:08
  people
• 5:08
  are
• 5:08
  going
• 5:08
  to
• 5:08
  call
• 5:08
  you
• 5:09
  and
• 5:09
  say,
• 5:09
  ralph,
• 5:09
  I
• 5:10
  got
• 5:10
  a
• 5:10
  problem
• 5:10
  with
• 5:10
  my
• 5:11
  place.
• 5:11
  You're
• 5:12
  going
• 5:12
  to
• 5:12
  get
• 5:12
  situations
• 5:13
  where
• 5:13
  they
• 5:13
  don't
• 5:13
  pay
• 5:13
  their
• 5:13
  bill.
• 5:13
  Yes,
• 5:14
  that
• 5:14
  happens.
• 5:14
  Believe
• 5:15
  it
• 5:15
  or
• 5:15
  not.
• 5:15
  People
• 5:16
  move
• 5:16
  in
• 5:16
  and
• 5:16
  they
• 5:16
  don't
• 5:17
  pay
• 5:17
  rent,
• 5:18
  and
• 5:18
  unfortunately,
• 5:19
  a
• 5:19
  lot
• 5:19
  of
• 5:19
  times
• 5:20
  they
• 5:20
  don't
• 5:20
  take
• 5:20
  care
• 5:20
  of
• 5:20
  your
• 5:20
  places.
• 5:21
  So
• 5:22
  you
• 5:22
  got
• 5:22
  to
• 5:22
  understand.
• 5:22
  You
• 5:22
  got
• 5:23
  to
• 5:23
  have
• 5:23
  a
• 5:23
  complete
• 5:23
  understanding
• 5:24
  before
• 5:24
  you
• 5:24
  jump
• 5:25
  into
• 5:25
  this.
• 5:26
  My
• 5:26
  wife
• 5:26
  and
• 5:27
  I
• 5:27
  talked
• 5:27
  about
• 5:27
  this
• 5:27
  many
• 5:28
  times
• 5:28
  when
• 5:28
  we
• 5:28
  first
• 5:28
  started
• 5:29
  getting
• 5:29
  into
• 5:29
  different
• 5:30
  investments.
• 5:30
  I
• 5:30
  said,
• 5:31
  we
• 5:31
  should
• 5:31
  really
• 5:31
  go
• 5:31
  buy
• 5:31
  some
• 5:32
  rental
• 5:32
  property.
• 5:32
  She's
• 5:32
  like,
• 5:32
  ralph,
• 5:33
  I
• 5:33
  don't
• 5:33
  know.
• 5:33
  I
• 5:34
  don't
• 5:34
  know
• 5:34
  if
• 5:34
  I
• 5:34
  had
• 5:34
  the
• 5:34
  stomach
• 5:35
  for
• 5:35
  that.
• 5:36
  So
• 5:36
  we
• 5:36
  decided
• 5:36
  not
• 5:36
  to
• 5:37
  do
• 5:37
  it.
• 5:37
  And
• 5:37
  I
• 5:37
  think
• 5:37
  that
• 5:37
  was
• 5:37
  the
• 5:37
  right
• 5:38
  decision
• 5:38
  for
• 5:38
  us.
• 5:39
  Everybody's
• 5:40
  different
• 5:40
  now.
• 5:41
  One
• 5:41
  of
• 5:41
  the
• 5:41
  hybrids
• 5:41
  you
• 5:42
  can
• 5:42
  take,
• 5:42
  and
• 5:42
  I
• 5:42
  love
• 5:42
  this
• 5:42
  approach,
• 5:43
  is
• 5:43
  these
• 5:43
  things
• 5:43
  up.
• 5:43
  REITs,
• 5:44
  we
• 5:44
  talked
• 5:44
  about
• 5:44
  those
• 5:44
  a
• 5:44
  few
• 5:44
  minutes
• 5:45
  ago.
• 5:45
  It's
• 5:46
  just
• 5:46
  like
• 5:46
  a
• 5:46
  stock.
• 5:46
  Think
• 5:46
  about
• 5:47
  it
• 5:47
  in
• 5:47
  terms
• 5:47
  of,
• 5:47
  like,
• 5:47
  it's
• 5:48
  a
• 5:48
  stock,
• 5:49
  but
• 5:49
  that
• 5:49
  stock
• 5:49
  owns
• 5:50
  rental
• 5:50
  properties.
• 5:50
  It
• 5:51
  could
• 5:51
  be
• 5:51
  commercial
• 5:51
  rental
• 5:52
  properties,
• 5:52
  residential
• 5:53
  rental
• 5:53
  properties.
• 5:54
  But
• 5:54
  here's
• 5:54
  the
• 5:55
  beautiful
• 5:55
  benefit
• 5:55
  of
• 5:55
  it.
• 5:56
  No
• 5:56
  tenants,
• 5:56
  no
• 5:57
  repairs,
• 5:57
  and
• 5:58
  just
• 5:58
  exposure
• 5:59
  to
• 5:59
  that
• 5:59
  property
• 6:00
  market
• 6:00
  without
• 6:01
  that
• 6:01
  worry.
• 6:01
  It's
• 6:02
  really
• 6:02
  that
• 6:02
  hybrid
• 6:02
  approach.
• 6:04
  So
• 6:04
  you're
• 6:04
  probably
• 6:04
  asking
• 6:05
  Ralph.
• 6:05
  Okay,
• 6:05
  I
• 6:05
  don't
• 6:05
  know.
• 6:06
  What
• 6:06
  are
• 6:06
  you
• 6:06
  telling
• 6:06
  me,
• 6:06
  Ralph?
• 6:07
  Is
• 6:07
  this
• 6:07
  the
• 6:07
  right
• 6:07
  answer
• 6:08
  for
• 6:08
  me?
• 6:08
  It
• 6:09
  depends.
• 6:10
  Real
• 6:10
  estate
• 6:10
  can
• 6:11
  help
• 6:11
  balance
• 6:11
  your
• 6:11
  portfolio.
• 6:12
  I've
• 6:12
  seen
• 6:12
  it
• 6:13
  work
• 6:13
  great
• 6:13
  when
• 6:14
  the
• 6:14
  stock
• 6:14
  market's
• 6:15
  in
• 6:15
  a
• 6:15
  bad
• 6:15
  spot.
• 6:15
  It
• 6:16
  helps
• 6:16
  you
• 6:16
  build
• 6:16
  that
• 6:17
  swing
• 6:17
  or
• 6:17
  helps
• 6:18
  you
• 6:18
  to
• 6:18
  level
• 6:18
  out
• 6:19
  those
• 6:19
  swings
• 6:20
  in
• 6:20
  the
• 6:20
  market.
• 6:20
  We
• 6:21
  talked
• 6:21
  about
• 6:21
  yesterday
• 6:21
  that.
• 6:22
  That
• 6:22
  dollar
• 6:22
  cost.
• 6:23
  Remember
• 6:23
  we
• 6:23
  talked
• 6:23
  about
• 6:23
  that
• 6:23
  pizza
• 6:24
  yesterday.
• 6:25
  Well,
• 6:25
  real
• 6:25
  estate
• 6:26
  can
• 6:26
  do
• 6:26
  the
• 6:26
  same
• 6:26
  sort
• 6:27
  of
• 6:27
  thing,
• 6:27
  but
• 6:27
  you
• 6:27
  got
• 6:27
  to
• 6:28
  understand
• 6:28
  this
• 6:28
  from
• 6:28
  the
• 6:29
  jump.
• 6:30
  You
• 6:30
  got
• 6:30
  to
• 6:30
  have
• 6:30
  the
• 6:31
  stomach
• 6:31
  for
• 6:31
  it.
• 6:31
  Like
• 6:32
  I've
• 6:32
  talked
• 6:32
  about
• 6:32
  many
• 6:32
  times
• 6:33
  in
• 6:33
  this
• 6:33
  investment
• 6:33
  series,
• 6:34
  don't
• 6:34
  put
• 6:34
  all
• 6:34
  your
• 6:34
  eggs
• 6:34
  in
• 6:35
  one
• 6:35
  basket.
• 6:36
  But
• 6:36
  on
• 6:36
  the
• 6:36
  other
• 6:36
  side
• 6:37
  of
• 6:37
  that,
• 6:37
  my
• 6:37
  father
• 6:37
  was
• 6:38
  famous
• 6:38
  for
• 6:38
  saying
• 6:38
  this.
• 6:38
  He
• 6:39
  said,
• 6:39
  son,
• 6:39
  they're
• 6:40
  not
• 6:40
  making
• 6:40
  any
• 6:40
  more
• 6:40
  land.
• 6:41
  And
• 6:42
  that's
• 6:42
  true.
• 6:42
  That's
• 6:42
  one
• 6:42
  of
• 6:43
  the
• 6:43
  values
• 6:43
  of
• 6:44
  investing
• 6:44
  in
• 6:44
  real
• 6:45
  estate.
• 6:45
  So
• 6:45
  he's
• 6:45
  got
• 6:45
  a
• 6:45
  point.
• 6:46
  But
• 6:47
  here's
• 6:47
  the
• 6:47
  thing
• 6:47
  you
• 6:47
  really
• 6:47
  need
• 6:48
  to
• 6:48
  understand.
• 6:48
  A
• 6:48
  lot
• 6:48
  of
• 6:48
  people
• 6:48
  don't
• 6:49
  get
• 6:49
  this.
• 6:49
  Like
• 6:50
  any
• 6:50
  investment,
• 6:51
  real
• 6:52
  estate
• 6:52
  carries
• 6:52
  risk.
• 6:53
  I've
• 6:53
  had
• 6:53
  clients
• 6:53
  Say
• 6:54
  to
• 6:54
  me,
• 6:54
  ralph,
• 6:54
  I'm
• 6:55
  going
• 6:55
  to
• 6:55
  invest
• 6:55
  in
• 6:55
  real
• 6:55
  estate
• 6:55
  because
• 6:56
  there's
• 6:56
  no
• 6:56
  risk.
• 6:57
  Well,
• 6:57
  guess
• 6:57
  what?
• 6:57
  There
• 6:58
  are
• 6:58
  risks.
• 6:59
  The
• 6:59
  value
• 6:59
  of
• 7:00
  the
• 7:00
  property
• 7:00
  can
• 7:00
  drop.
• 7:00
  That's
• 7:01
  what
• 7:01
  happened
• 7:01
  to
• 7:01
  my
• 7:02
  client
• 7:02
  that
• 7:02
  bought
• 7:02
  10
• 7:03
  rental
• 7:03
  properties.
• 7:04
  In
• 7:04
  addition
• 7:04
  to
• 7:04
  not
• 7:05
  having
• 7:05
  the
• 7:05
  time,
• 7:05
  he
• 7:05
  bought
• 7:05
  him
• 7:06
  in
• 7:06
  a
• 7:06
  city
• 7:06
  and
• 7:06
  the
• 7:06
  city
• 7:07
  went
• 7:07
  downhill
• 7:08
  big
• 7:08
  time.
• 7:09
  The
• 7:09
  area
• 7:09
  in
• 7:10
  town
• 7:10
  where
• 7:10
  he
• 7:10
  had
• 7:10
  those
• 7:10
  rental
• 7:11
  properties,
• 7:11
  unfortunately
• 7:12
  the
• 7:12
  rental
• 7:12
  properties
• 7:13
  basically
• 7:13
  became
• 7:13
  worthless.
• 7:14
  It
• 7:14
  became
• 7:14
  a
• 7:15
  terrible
• 7:15
  part
• 7:15
  of
• 7:15
  town.
• 7:16
  Nobody
• 7:16
  wanted
• 7:16
  to
• 7:17
  live
• 7:17
  there.
• 7:17
  So
• 7:17
  he
• 7:18
  ended
• 7:18
  up
• 7:18
  losing
• 7:18
  them
• 7:19
  all
• 7:19
  in
• 7:19
  bankruptcy.
• 7:20
  So
• 7:20
  that's
• 7:20
  one
• 7:21
  of
• 7:21
  the
• 7:21
  problems.
• 7:21
  The
• 7:21
  values
• 7:22
  can
• 7:22
  fall,
• 7:22
  tenants
• 7:23
  can
• 7:23
  leave,
• 7:23
  tenants
• 7:24
  listen
• 7:24
  to
• 7:24
  this.
• 7:25
  Tenants
• 7:25
  will
• 7:25
  get
• 7:25
  up
• 7:26
  in
• 7:26
  the
• 7:26
  middle
• 7:26
  of
• 7:26
  the
• 7:26
  night
• 7:26
  and
• 7:26
  move
• 7:26
  away.
• 7:27
  And
• 7:27
  you're
• 7:27
  thinking,
• 7:28
  I
• 7:28
  didn't
• 7:28
  get
• 7:28
  a
• 7:28
  rent
• 7:29
  check
• 7:29
  last
• 7:29
  month.
• 7:29
  You
• 7:30
  go
• 7:30
  to
• 7:30
  check
• 7:30
  on
• 7:30
  the
• 7:30
  property,
• 7:31
  they
• 7:31
  haven't
• 7:31
  lived
• 7:31
  there
• 7:31
  in
• 7:31
  weeks.
• 7:33
  It's
• 7:33
  just,
• 7:33
  it's
• 7:33
  a
• 7:34
  fact
• 7:34
  of
• 7:34
  the
• 7:34
  matter.
• 7:35
  Sometimes
• 7:35
  they
• 7:35
  won't
• 7:36
  pay
• 7:36
  you,
• 7:36
  sometimes
• 7:37
  you
• 7:37
  have
• 7:37
  to
• 7:37
  take
• 7:37
  them
• 7:37
  to
• 7:37
  court.
• 7:37
  I've
• 7:38
  had
• 7:38
  horror
• 7:38
  stories
• 7:39
  with
• 7:39
  clients
• 7:39
  who
• 7:40
  have
• 7:40
  spent
• 7:40
  months
• 7:41
  and
• 7:41
  sometimes
• 7:42
  up
• 7:42
  to
• 7:42
  two
• 7:42
  years
• 7:43
  trying
• 7:44
  to
• 7:44
  get
• 7:44
  a
• 7:44
  tenant
• 7:45
  out
• 7:45
  of
• 7:45
  a
• 7:45
  house.
• 7:46
  And
• 7:46
  the
• 7:46
  truth
• 7:46
  is,
• 7:47
  markets
• 7:47
  shift
• 7:47
  as
• 7:48
  well.
• 7:48
  But
• 7:48
  you've
• 7:49
  got
• 7:49
  to
• 7:49
  know
• 7:49
  the
• 7:49
  risks.
• 7:50
  So
• 7:50
  the
• 7:50
  key
• 7:51
  in
• 7:51
  any
• 7:51
  of
• 7:51
  this,
• 7:51
  in
• 7:52
  all
• 7:52
  of
• 7:52
  these
• 7:52
  investment
• 7:53
  things,
• 7:53
  is
• 7:54
  understand
• 7:54
  balance.
• 7:55
  You
• 7:55
  can't
• 7:56
  chase
• 7:56
  that
• 7:56
  greed.
• 7:56
  And
• 7:56
  unfortunately,
• 7:57
  I
• 7:57
  think
• 7:57
  that's
• 7:58
  what
• 7:58
  my
• 7:58
  one
• 7:58
  client
• 7:59
  was
• 7:59
  doing.
• 7:59
  He
• 8:00
  was
• 8:00
  thinking,
• 8:00
  yeah,
• 8:00
  I'm
• 8:00
  going
• 8:00
  to
• 8:00
  go
• 8:01
  own
• 8:01
  10
• 8:01
  properties,
• 8:01
  I'm
• 8:02
  going
• 8:02
  to
• 8:02
  be
• 8:02
  super
• 8:02
  wealthy,
• 8:03
  I'm
• 8:03
  going
• 8:03
  to
• 8:03
  quit
• 8:03
  my
• 8:04
  full
• 8:04
  time
• 8:04
  job
• 8:04
  and
• 8:04
  this
• 8:04
  is
• 8:05
  all
• 8:05
  I'm
• 8:05
  going
• 8:05
  to
• 8:05
  do.
• 8:06
  But
• 8:06
  see,
• 8:07
  the
• 8:07
  Bible
• 8:07
  tells
• 8:07
  us
• 8:07
  to
• 8:07
  do
• 8:08
  something
• 8:08
  a
• 8:08
  little
• 8:08
  bit
• 8:08
  different.
• 8:09
  It
• 8:09
  talks
• 8:09
  about
• 8:10
  that
• 8:10
  stewardship.
• 8:12
  So
• 8:12
  let's
• 8:12
  get
• 8:12
  right
• 8:12
  into
• 8:13
  our
• 8:13
  Bible
• 8:13
  verse
• 8:13
  today.
• 8:14
  It
• 8:14
  comes
• 8:14
  from
• 8:14
  the
• 8:14
  book
• 8:14
  of
• 8:15
  Proverbs,
• 8:15
  chapter
• 8:16
  24,
• 8:16
  verse
• 8:17
  27.
• 8:18
  Put
• 8:18
  your
• 8:19
  outdoor
• 8:19
  work
• 8:19
  in
• 8:20
  order
• 8:20
  and
• 8:20
  get
• 8:21
  your
• 8:21
  fields
• 8:21
  ready.
• 8:22
  After
• 8:22
  that,
• 8:22
  build
• 8:23
  your
• 8:23
  house.
• 8:24
  And
• 8:24
  I
• 8:24
  think
• 8:25
  that's
• 8:25
  profitable
• 8:26
  for
• 8:26
  us
• 8:26
  today.
• 8:26
  What
• 8:27
  is
• 8:27
  the
• 8:27
  scripture
• 8:27
  telling
• 8:28
  us?
• 8:29
  Put
• 8:29
  your
• 8:29
  outdoor
• 8:30
  work
• 8:30
  in
• 8:30
  order,
• 8:31
  do
• 8:31
  your
• 8:31
  homework,
• 8:32
  understand
• 8:33
  this
• 8:33
  real
• 8:34
  estate
• 8:34
  investment,
• 8:35
  understand
• 8:36
  what
• 8:36
  you're
• 8:36
  getting
• 8:36
  ready
• 8:36
  to
• 8:36
  get
• 8:37
  into.
• 8:37
  Once
• 8:37
  you
• 8:38
  do
• 8:38
  that,
• 8:38
  by
• 8:38
  all
• 8:38
  means,
• 8:39
  if
• 8:39
  it
• 8:39
  fits
• 8:39
  with
• 8:39
  your
• 8:40
  investment
• 8:40
  model,
• 8:41
  if
• 8:41
  you've
• 8:42
  got
• 8:42
  the
• 8:42
  resources
• 8:43
  to
• 8:43
  do
• 8:43
  it,
• 8:43
  if
• 8:44
  you've
• 8:44
  got
• 8:44
  the
• 8:44
  ability,
• 8:44
  the
• 8:45
  desire
• 8:45
  to
• 8:45
  do
• 8:45
  it,
• 8:46
  fantastic.
• 8:46
  Build
• 8:47
  that
• 8:47
  house,
• 8:47
  buy
• 8:47
  that
• 8:48
  rental
• 8:48
  property,
• 8:49
  get
• 8:49
  involved
• 8:49
  in
• 8:49
  that
• 8:50
  reit.
• 8:50
  But
• 8:51
  understand
• 8:51
  the
• 8:51
  whole
• 8:51
  process,
• 8:52
  understand
• 8:53
  all
• 8:53
  the
• 8:53
  cost,
• 8:54
  understand
• 8:54
  the
• 8:54
  commitment
• 8:55
  that
• 8:55
  you're
• 8:55
  making.
• 8:56
  It's
• 8:56
  a
• 8:56
  big
• 8:57
  deal.
• 8:57
  Why
• 8:57
  would
• 8:58
  we
• 8:58
  pray
• 8:58
  together
• 8:58
  right
• 8:58
  now?
• 8:59
  Lord,
• 9:00
  we
• 9:00
  just
• 9:00
  come
• 9:00
  to
• 9:00
  you
• 9:00
  right
• 9:00
  now.
• 9:01
  We
• 9:01
  thank
• 9:01
  you
• 9:01
  for
• 9:01
  the
• 9:01
  gift
• 9:02
  of
• 9:02
  these
• 9:02
  choices,
• 9:02
  Lord.
• 9:03
  It's
• 9:03
  so
• 9:03
  awesome
• 9:03
  that
• 9:03
  you
• 9:03
  give
• 9:04
  us
• 9:04
  investment
• 9:05
  ideas
• 9:05
  and
• 9:05
  investment
• 9:06
  choices,
• 9:06
  Lord.
• 9:07
  But
• 9:07
  at
• 9:07
  the
• 9:08
  same
• 9:08
  time,
• 9:08
  we
• 9:08
  ask
• 9:08
  that
• 9:08
  you
• 9:09
  would
• 9:09
  give
• 9:09
  us
• 9:09
  wisdom
• 9:10
  to
• 9:10
  really
• 9:11
  understand
• 9:11
  if
• 9:11
  real
• 9:11
  estate
• 9:12
  fits
• 9:12
  in
• 9:12
  your
• 9:13
  plan
• 9:13
  for
• 9:13
  our
• 9:13
  life,
• 9:14
  Lord.
• 9:15
  Help
• 9:15
  us
• 9:15
  to
• 9:15
  see
• 9:15
  that
• 9:15
  plan
• 9:16
  in
• 9:16
  our
• 9:16
  lives,
• 9:16
  Lord.
• 9:17
  Help
• 9:17
  us
• 9:17
  to
• 9:17
  guard
• 9:18
  our
• 9:18
  hearts
• 9:18
  against
• 9:18
  greed
• 9:19
  and
• 9:19
  investing
• 9:20
  and
• 9:20
  trying
• 9:20
  to
• 9:20
  go
• 9:20
  get
• 9:21
  that,
• 9:21
  that
• 9:21
  quick
• 9:21
  win,
• 9:22
  Lord.
• 9:22
  And
• 9:23
  we
• 9:23
  just
• 9:23
  thank
• 9:23
  you
• 9:23
  for
• 9:23
  the
• 9:24
  opportunities,
• 9:24
  Lord.
• 9:25
  We
• 9:25
  thank
• 9:25
  you
• 9:25
  for
• 9:25
  the
• 9:26
  things
• 9:26
  you've
• 9:26
  given
• 9:26
  us
• 9:27
  and
• 9:27
  help
• 9:27
  us
• 9:27
  to
• 9:27
  be
• 9:27
  a
• 9:28
  better
• 9:28
  steward
• 9:28
  of
• 9:29
  all
• 9:29
  the
• 9:29
  resources
• 9:29
  you
• 9:30
  give
• 9:30
  us
• 9:30
  in
• 9:30
  our
• 9:31
  everyday
• 9:31
  lives.
• 9:31
  And
• 9:31
  we
• 9:31
  ask
• 9:32
  this
• 9:32
  with
• 9:32
  confidence
• 9:33
  in
• 9:33
  the
• 9:33
  name
• 9:33
  of
• 9:33
  Jesus.
• 9:34
  Amen.
• 9:36
  All
• 9:36
  right,
• 9:36
  so
• 9:36
  here's
• 9:36
  your
• 9:36
  action
• 9:37
  step
• 9:37
  for
• 9:37
  this
• 9:37
  week.
• 9:37
  Just
• 9:38
  one
• 9:38
  little
• 9:38
  thing
• 9:38
  I
• 9:39
  want
• 9:39
  you
• 9:39
  to
• 9:39
  do.
• 9:40
  I
• 9:40
  want
• 9:40
  you
• 9:40
  to
• 9:40
  really
• 9:40
  research
• 9:41
  REITs,
• 9:41
  or
• 9:42
  maybe
• 9:42
  research
• 9:42
  a
• 9:43
  particular
• 9:43
  property.
• 9:43
  You
• 9:44
  might
• 9:44
  not
• 9:44
  have
• 9:44
  any
• 9:44
  interest
• 9:44
  in
• 9:45
  buying
• 9:45
  one
• 9:45
  right
• 9:45
  now,
• 9:46
  but
• 9:46
  do
• 9:46
  some
• 9:46
  research,
• 9:47
  understand
• 9:47
  what
• 9:48
  it
• 9:48
  looks
• 9:48
  like,
• 9:49
  learn
• 9:49
  what
• 9:49
  to
• 9:49
  invest
• 9:50
  in,
• 9:50
  learn
• 9:51
  how
• 9:51
  it
• 9:51
  performs
• 9:51
  under
• 9:52
  talk
• 9:52
  to
• 9:52
  other
• 9:52
  people
• 9:53
  that
• 9:53
  you
• 9:53
  might
• 9:53
  know
• 9:53
  who
• 9:54
  are
• 9:54
  involved
• 9:54
  in
• 9:55
  rental
• 9:55
  properties
• 9:55
  or
• 9:56
  in
• 9:56
  REITs
• 9:56
  and
• 9:56
  SEE
• 9:56
  does
• 9:57
  this
• 9:57
  fit
• 9:57
  for
• 9:57
  what
• 9:57
  I'm
• 9:57
  going
• 9:58
  to
• 9:58
  do.
• 9:58
  So
• 9:59
  let's
• 9:59
  recap
• 9:59
  for
• 9:59
  a
• 10:00
  second.
• 10:00
  Like
• 10:00
  I
• 10:00
  said
• 10:01
  earlier,
• 10:01
  real
• 10:01
  estate
• 10:02
  can
• 10:02
  be
• 10:02
  profitable.
• 10:03
  But
• 10:03
  understand
• 10:04
  me,
• 10:04
  hear
• 10:04
  me
• 10:04
  on
• 10:04
  this.
• 10:05
  It's
• 10:05
  not
• 10:05
  simple
• 10:06
  and
• 10:06
  it's
• 10:06
  not
• 10:06
  risk
• 10:07
  free.
• 10:08
  It
• 10:08
  requires
• 10:08
  management.
• 10:09
  And
• 10:09
  sometimes
• 10:10
  those
• 10:10
  REITs,
• 10:11
  if
• 10:11
  you
• 10:11
  really
• 10:11
  want
• 10:11
  to
• 10:11
  get
• 10:11
  into
• 10:12
  real
• 10:12
  estate,
• 10:12
  investment
• 10:13
  is
• 10:13
  a
• 10:13
  better
• 10:13
  option.
• 10:14
  Like
• 10:14
  I
• 10:14
  said,
• 10:14
  it's
• 10:14
  kind
• 10:14
  of
• 10:15
  like
• 10:15
  a
• 10:15
  stock.
• 10:15
  It's
• 10:16
  a
• 10:16
  diversification.
• 10:17
  It's
• 10:17
  a
• 10:17
  diversification
• 10:18
  tool,
• 10:19
  but
• 10:19
  not
• 10:19
  the
• 10:19
  only
• 10:20
  tool.
• 10:21
  Our
• 10:21
  main
• 10:21
  toolbox
• 10:22
  needs
• 10:22
  to
• 10:22
  be
• 10:22
  stewardship
• 10:23
  and
• 10:23
  wisdom.
• 10:23
  Because
• 10:24
  days
• 10:24
  matter
• 10:24
  more
• 10:25
  in
• 10:25
  the
• 10:25
  long
• 10:26
  term
• 10:26
  than
• 10:26
  chasing
• 10:27
  quick
• 10:27
  wins.
• 10:28
  So
• 10:28
  here's
• 10:28
  my
• 10:28
  key
• 10:28
  takeaway
• 10:29
  for
• 10:29
  today.
• 10:29
  Don't
• 10:30
  chase
• 10:30
  those
• 10:30
  quick
• 10:30
  wins.
• 10:31
  Now.
• 10:32
  Tomorrow
• 10:32
  on
• 10:32
  the
• 10:32
  show,
• 10:33
  we're
• 10:33
  going
• 10:33
  to
• 10:33
  talk
• 10:33
  about
• 10:34
  ethical
• 10:34
  investing.
• 10:35
  Yes,
• 10:35
  there
• 10:35
  is
• 10:35
  such
• 10:36
  a
• 10:36
  thing.
• 10:36
  Tomorrow
• 10:37
  we're
• 10:37
  going
• 10:37
  to
• 10:37
  talk
• 10:37
  about
• 10:37
  aligning
• 10:37
  your
• 10:38
  money
• 10:38
  with
• 10:38
  your
• 10:38
  values.
• 10:39
  It's
• 10:39
  a
• 10:39
  disconnect
• 10:40
  a
• 10:40
  lot
• 10:40
  of
• 10:40
  people
• 10:40
  don't
• 10:40
  think
• 10:41
  about.
• 10:41
  But
• 10:41
  tomorrow
• 10:42
  I'm
• 10:42
  going
• 10:42
  to
• 10:42
  get
• 10:42
  into
• 10:42
  that
• 10:42
  and
• 10:43
  really
• 10:43
  talk
• 10:43
  about
• 10:43
  do
• 10:44
  my
• 10:44
  investment
• 10:44
  choices
• 10:45
  align
• 10:46
  with
• 10:46
  my
• 10:46
  beliefs
• 10:46
  and
• 10:47
  values?
• 10:47
  It's
• 10:47
  going
• 10:47
  to
• 10:47
  be
• 10:47
  a
• 10:48
  great
• 10:48
  show
• 10:48
  tomorrow.
• 10:48
  I'm
• 10:48
  going
• 10:49
  to
• 10:49
  encourage
• 10:49
  you
• 10:49
  to
• 10:49
  check
• 10:49
  it
• 10:49
  out.
• 10:50
  Here's
• 10:50
  something
• 10:51
  else
• 10:51
  I
• 10:51
  want
• 10:51
  you
• 10:51
  to
• 10:51
  check
• 10:51
  out.
• 10:52
  One
• 10:53
  of
• 10:53
  the
• 10:53
  passions
• 10:53
  of
• 10:53
  my
• 10:54
  life
• 10:54
  is
• 10:54
  helping
• 10:54
  people.
• 10:55
  And
• 10:55
  I
• 10:56
  just
• 10:56
  finished
• 10:56
  writing
• 10:56
  my
• 10:56
  third
• 10:57
  book.
• 10:57
  It's
• 10:57
  called
• 10:57
  how
• 10:57
  to
• 10:58
  Become
• 10:58
  a
• 10:58
  Financially
• 10:59
  confident
• 10:59
  Christian.
• 11:00
  It's
• 11:00
  30
• 11:00
  years
• 11:00
  of
• 11:01
  trials.
• 11:01
  It's
• 11:02
  30
• 11:02
  years
• 11:02
  of
• 11:02
  challenges
• 11:03
  and
• 11:03
  just
• 11:03
  great
• 11:04
  stories
• 11:04
  of
• 11:04
  people
• 11:04
  that
• 11:05
  I've
• 11:05
  had
• 11:05
  honor
• 11:05
  to
• 11:06
  work
• 11:06
  with
• 11:06
  over
• 11:06
  the
• 11:06
  years.
• 11:06
  And
• 11:06
  I'd
• 11:07
  like
• 11:07
  to
• 11:07
  give
• 11:07
  you
• 11:07
  a
• 11:07
  copy
• 11:07
  of
• 11:08
  this
• 11:08
  book
• 11:08
  absolutely
• 11:09
  free.
• 11:09
  You
• 11:09
  can
• 11:09
  download
• 11:09
  it
• 11:10
  right
• 11:10
  from
• 11:10
  this
• 11:10
  website.
• 11:11
  Just
• 11:11
  go
• 11:11
  to
• 11:11
  financiallyconfidentchristian.com/becoming
• 11:14
  I'm
• 11:15
  gonna
• 11:15
  give
• 11:15
  you
• 11:15
  that
• 11:15
  again,
• 11:16
  it's
• 11:16
  financiallyconfidentchristian.com/becoming
• 11:20
  go
• 11:20
  there,
• 11:20
  enter
• 11:20
  your
• 11:21
  name,
• 11:21
  enter
• 11:21
  your
• 11:21
  email
• 11:22
  address
• 11:22
  and
• 11:22
  download
• 11:23
  a
• 11:23
  copy
• 11:23
  of
• 11:23
  my
• 11:23
  book.
• 11:23
  You're
• 11:24
  going
• 11:24
  to
• 11:24
  love
• 11:24
  it.
• 11:24
  It
• 11:25
  is
• 11:25
  a
• 11:25
  passion
• 11:25
  project
• 11:26
  of
• 11:26
  mine
• 11:26
  and
• 11:26
  it
• 11:27
  really
• 11:27
  helps
• 11:27
  you
• 11:27
  become
• 11:28
  the
• 11:28
  that
• 11:28
  financially
• 11:29
  confident
• 11:29
  Christian.
• 11:30
  And
• 11:30
  as
• 11:30
  I
• 11:31
  close
• 11:31
  it,
• 11:31
  I
• 11:31
  want
• 11:31
  you
• 11:31
  to
• 11:31
  remember
• 11:32
  this.
• 11:32
  God
• 11:33
  has
• 11:33
  a
• 11:33
  plan
• 11:33
  for
• 11:33
  you.
• 11:34
  Listen
• 11:35
  to
• 11:35
  his
• 11:35
  voice.
• 11:35
  Listen
• 11:36
  for
• 11:36
  his
• 11:36
  voice.
• 11:37
  You
• 11:37
  can
• 11:38
  do
• 11:38
  this.
• 11:38
  I
• 11:39
  truly
• 11:39
  believe
• 11:39
  in
• 11:40
  you.
• 11:40
  More
• 11:40
  importantly
• 11:41
  than
• 11:41
  that,
• 11:41
  God
• 11:41
  believes
• 11:42
  in
• 11:42
  you.
• 11:42
  So
• 11:42
  believe
• 11:43
  in
• 11:43
  yourself.
• 11:44
  Go
• 11:44
  out
• 11:44
  there
• 11:44
  today
• 11:45
  and
• 11:45
  be
• 11:45
  a
• 11:45
  financially
• 11:46
  confident
• 11:46
  Christian.
• 11:47
  Be
• 11:48
  financially
• 11:48
  savvy.
• 11:49
  God
• 11:49
  bless
• 11:49
  you.
• 11:49
  And
• 11:50
  you
• 11:50
  have
• 11:50
  a
• 11:50
  great
• 11:50
  day
• 11:51
  today.