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The Importance of Investing Regularly: Dollar-Cost Averaging? · Becoming Financially Confident

• 0:38
  I
• 0:38
  thought
• 0:38
  I'd
• 0:38
  start
• 0:38
  today's
• 0:39
  show
• 0:39
  with
• 0:39
  a
• 0:39
  Wall
• 0:39
  street
• 0:40
  proverb.
• 0:40
  Yes,
• 0:41
  Wall
• 0:41
  street
• 0:41
  has
• 0:41
  proverbs.
• 0:42
  I
• 0:42
  was
• 0:42
  kind
• 0:42
  of
• 0:42
  surprised
• 0:43
  to
• 0:43
  find
• 0:43
  this
• 0:43
  out,
• 0:44
  but
• 0:44
  it's
• 0:45
  going
• 0:45
  to
• 0:45
  make
• 0:45
  sense
• 0:45
  here
• 0:45
  in
• 0:45
  a
• 0:46
  second.
• 0:47
  Trying
• 0:47
  to
• 0:47
  time
• 0:47
  the
• 0:48
  market
• 0:48
  is
• 0:48
  like
• 0:48
  trying
• 0:48
  to
• 0:49
  catch
• 0:49
  a
• 0:49
  falling
• 0:50
  knife.
• 0:51
  You
• 0:51
  might
• 0:51
  get
• 0:51
  lucky,
• 0:53
  but
• 0:53
  more
• 0:53
  often
• 0:53
  you
• 0:54
  just
• 0:54
  end
• 0:54
  up
• 0:54
  bleeding.
• 0:55
  That
• 0:55
  was
• 0:56
  a
• 0:56
  great
• 0:56
  proverb
• 0:56
  to
• 0:57
  start
• 0:57
  with
• 0:57
  today.
• 0:58
  Which
• 0:58
  leads
• 0:59
  me
• 0:59
  right
• 0:59
  into
• 0:59
  a
• 0:59
  great
• 0:59
  listener
• 1:00
  question
• 1:00
  we
• 1:00
  got
• 1:00
  today.
• 1:01
  This
• 1:01
  question
• 1:02
  said
• 1:02
  this,
• 1:02
  Raf,
• 1:03
  I
• 1:03
  feel
• 1:03
  like
• 1:03
  I
• 1:04
  can't
• 1:04
  time
• 1:04
  the
• 1:04
  market
• 1:04
  right.
• 1:05
  Should
• 1:06
  I
• 1:06
  wait
• 1:06
  for
• 1:06
  the
• 1:06
  perfect
• 1:07
  moment
• 1:07
  to
• 1:07
  invest?
• 1:09
  I
• 1:09
  said,
• 1:09
  well,
• 1:10
  you
• 1:10
  know,
• 1:10
  that's
• 1:10
  an
• 1:10
  interesting
• 1:11
  idea.
• 1:12
  And
• 1:12
  as
• 1:12
  I
• 1:12
  unwound
• 1:13
  this
• 1:13
  a
• 1:13
  little
• 1:13
  bit,
• 1:13
  time
• 1:14
  in
• 1:14
  the
• 1:14
  market,
• 1:14
  I
• 1:14
  thought,
• 1:14
  wait
• 1:15
  a
• 1:15
  minute,
• 1:15
  time
• 1:15
  in
• 1:15
  the
• 1:15
  market,
• 1:16
  what
• 1:16
  are
• 1:16
  they
• 1:17
  really
• 1:17
  talking
• 1:17
  about
• 1:17
  here?
• 1:19
  Perfect
• 1:19
  moment.
• 1:20
  And
• 1:21
  I've
• 1:21
  listen,
• 1:22
  right
• 1:22
  now,
• 1:22
  I'm
• 1:22
  gonna
• 1:22
  tell
• 1:22
  you
• 1:22
  right
• 1:22
  now.
• 1:23
  When
• 1:23
  I
• 1:23
  read
• 1:23
  this
• 1:24
  question,
• 1:24
  I
• 1:24
  said,
• 1:24
  truth
• 1:25
  is,
• 1:25
  I
• 1:25
  think
• 1:25
  this
• 1:25
  person's
• 1:26
  living
• 1:26
  in
• 1:26
  fantasy
• 1:26
  land.
• 1:28
  Can
• 1:28
  you
• 1:28
  really
• 1:28
  time
• 1:29
  the
• 1:29
  market?
• 1:29
  Can
• 1:29
  you
• 1:29
  really
• 1:30
  find
• 1:30
  that
• 1:30
  perfect
• 1:30
  moment?
• 1:31
  Not
• 1:31
  in
• 1:31
  my
• 1:31
  reality.
• 1:33
  And
• 1:33
  see,
• 1:33
  the
• 1:33
  truth
• 1:34
  is
• 1:34
  this,
• 1:34
  markets
• 1:34
  go
• 1:34
  up,
• 1:35
  markets
• 1:35
  go
• 1:35
  down.
• 1:35
  That's
• 1:36
  just
• 1:36
  the
• 1:36
  truth.
• 1:37
  But
• 1:38
  what
• 1:38
  if
• 1:38
  you
• 1:38
  invested
• 1:39
  the
• 1:39
  same
• 1:39
  amount
• 1:39
  every
• 1:39
  month
• 1:40
  no
• 1:40
  matter
• 1:40
  what
• 1:40
  the
• 1:40
  market
• 1:41
  was
• 1:41
  doing?
• 1:42
  Well,
• 1:43
  that's
• 1:43
  what
• 1:43
  I'm
• 1:43
  going
• 1:43
  to
• 1:43
  talk
• 1:43
  about
• 1:43
  on
• 1:43
  today's
• 1:44
  show.
• 1:44
  I'll
• 1:44
  talk
• 1:44
  about
• 1:44
  the
• 1:44
  power
• 1:45
  of
• 1:45
  dollar
• 1:45
  cost
• 1:46
  averaging.
• 1:47
  We're
• 1:47
  going
• 1:47
  to
• 1:47
  dive
• 1:48
  in
• 1:48
  that
• 1:48
  today.
• 1:49
  This
• 1:50
  is
• 1:50
  Financially
• 1:51
  Confident
• 1:51
  Christian,
• 1:52
  your
• 1:52
  daily
• 1:52
  dose
• 1:53
  of
• 1:53
  gospel,
• 1:53
  grounded
• 1:54
  insight
• 1:54
  and
• 1:54
  faith
• 1:55
  driven
• 1:55
  tips
• 1:56
  to
• 1:56
  help
• 1:56
  you
• 1:56
  break
• 1:56
  the
• 1:57
  cycle
• 1:57
  of
• 1:57
  financial
• 1:58
  shame
• 1:58
  with
• 1:58
  confidence.
• 2:01
  Well,
• 2:01
  thank
• 2:02
  you
• 2:02
  for
• 2:02
  joining
• 2:02
  me
• 2:02
  as
• 2:02
  we
• 2:03
  continue
• 2:03
  our
• 2:03
  investment
• 2:03
  journey
• 2:04
  together.
• 2:05
  Covered
• 2:06
  many
• 2:06
  topics
• 2:06
  in
• 2:06
  this
• 2:07
  area,
• 2:07
  haven't
• 2:07
  we?
• 2:08
  And
• 2:09
  the
• 2:09
  truth
• 2:09
  is,
• 2:09
  for
• 2:09
  30
• 2:09
  years
• 2:10
  I've
• 2:10
  guided
• 2:10
  clients
• 2:11
  in
• 2:11
  this
• 2:11
  very
• 2:12
  type
• 2:12
  of
• 2:12
  issue.
• 2:12
  Many
• 2:13
  clients
• 2:13
  that
• 2:13
  I've
• 2:14
  discussed
• 2:14
  the
• 2:14
  benefits
• 2:14
  of
• 2:15
  investing
• 2:15
  over
• 2:15
  chasing
• 2:16
  that
• 2:16
  perfect
• 2:16
  timing.
• 2:17
  So
• 2:18
  many
• 2:18
  people
• 2:18
  do
• 2:18
  they,
• 2:18
  oh,
• 2:19
  I'm
• 2:19
  getting
• 2:19
  that
• 2:19
  perfect
• 2:19
  timing,
• 2:20
  Rob.
• 2:20
  It's
• 2:20
  going
• 2:20
  to
• 2:20
  be
• 2:20
  great.
• 2:20
  I'm
• 2:21
  going
• 2:21
  to
• 2:21
  get
• 2:21
  into
• 2:21
  the
• 2:21
  right
• 2:22
  moment.
• 2:22
  I'm
• 2:22
  going
• 2:22
  to
• 2:22
  make
• 2:22
  a
• 2:22
  killing.
• 2:24
  But
• 2:24
  I'm
• 2:24
  going
• 2:24
  to
• 2:24
  tell
• 2:24
  you
• 2:24
  right
• 2:24
  now,
• 2:24
  it
• 2:25
  doesn't
• 2:25
  always
• 2:25
  work
• 2:25
  that
• 2:25
  way.
• 2:25
  And
• 2:26
  I've
• 2:26
  personally
• 2:26
  used
• 2:26
  this
• 2:27
  dollar
• 2:27
  cost
• 2:27
  averaging
• 2:28
  in
• 2:28
  my
• 2:28
  own
• 2:28
  investments
• 2:30
  because
• 2:30
  there
• 2:31
  are
• 2:31
  times
• 2:31
  when
• 2:31
  the
• 2:31
  market
• 2:31
  feels
• 2:32
  like
• 2:32
  a
• 2:32
  storm.
• 2:33
  Right
• 2:34
  now
• 2:34
  there's
• 2:34
  a
• 2:34
  huge
• 2:35
  storm
• 2:35
  going
• 2:35
  on
• 2:35
  all
• 2:36
  around
• 2:36
  us,
• 2:36
  all
• 2:36
  over
• 2:37
  the
• 2:37
  world.
• 2:38
  But
• 2:38
  the
• 2:38
  market's
• 2:39
  very
• 2:39
  much
• 2:39
  like
• 2:39
  that
• 2:39
  as
• 2:40
  well.
• 2:41
  But
• 2:41
  this
• 2:41
  dollar
• 2:42
  cost
• 2:42
  averaging
• 2:42
  helps
• 2:42
  you
• 2:42
  ride
• 2:43
  out
• 2:43
  those
• 2:43
  market
• 2:43
  swings
• 2:44
  with
• 2:44
  peace
• 2:44
  of
• 2:44
  mind.
• 2:46
  I
• 2:46
  want
• 2:46
  to
• 2:46
  contrast
• 2:47
  two
• 2:47
  clients
• 2:48
  that
• 2:48
  I've
• 2:48
  worked
• 2:48
  with.
• 2:49
  I
• 2:49
  once
• 2:50
  worked
• 2:50
  with
• 2:50
  this
• 2:50
  one
• 2:50
  Guy,
• 2:51
  he
• 2:51
  said,
• 2:51
  ralph,
• 2:51
  I
• 2:51
  am
• 2:52
  going
• 2:52
  to
• 2:52
  get
• 2:52
  in
• 2:52
  the
• 2:52
  market
• 2:52
  at
• 2:53
  the
• 2:53
  perfect
• 2:53
  moment.
• 2:53
  I
• 2:53
  have
• 2:54
  been
• 2:54
  studying
• 2:54
  this,
• 2:54
  I've
• 2:55
  been,
• 2:55
  I've
• 2:55
  been
• 2:55
  researching
• 2:56
  Ralph.
• 2:56
  I'm
• 2:57
  going
• 2:57
  to
• 2:57
  wait
• 2:57
  until
• 2:58
  it's
• 2:58
  the
• 2:58
  perfect
• 2:58
  moment,
• 3:01
  end
• 3:01
  up
• 3:01
  sitting
• 3:02
  on
• 3:02
  the
• 3:02
  sidelines
• 3:02
  for
• 3:03
  years
• 3:04
  because
• 3:04
  guess
• 3:04
  what,
• 3:05
  he
• 3:05
  never
• 3:05
  found
• 3:05
  that
• 3:05
  perfect
• 3:06
  moment.
• 3:06
  And
• 3:06
  because
• 3:06
  he
• 3:07
  was
• 3:07
  on
• 3:07
  the
• 3:07
  sidelines,
• 3:08
  he
• 3:08
  missed
• 3:08
  major
• 3:09
  growth
• 3:09
  opportunities.
• 3:10
  I'm
• 3:10
  talking
• 3:10
  about
• 3:10
  major
• 3:10
  growth
• 3:11
  opportunities.
• 3:13
  But
• 3:13
  then
• 3:13
  I
• 3:13
  had
• 3:13
  this
• 3:13
  other
• 3:14
  client,
• 3:14
  not
• 3:15
  a
• 3:15
  real
• 3:15
  sophisticated
• 3:16
  investment
• 3:16
  type
• 3:17
  person,
• 3:18
  but
• 3:18
  she
• 3:19
  invested
• 3:19
  every
• 3:20
  single
• 3:20
  month,
• 3:20
  man.
• 3:20
  She
• 3:20
  said
• 3:21
  to
• 3:21
  me,
• 3:21
  ralph,
• 3:21
  she
• 3:21
  goes,
• 3:21
  one
• 3:21
  thing
• 3:22
  you
• 3:22
  can
• 3:22
  count
• 3:22
  on
• 3:22
  with
• 3:22
  me,
• 3:23
  I'm
• 3:23
  going
• 3:23
  to
• 3:23
  put
• 3:23
  my
• 3:23
  investment
• 3:24
  in.
• 3:24
  I
• 3:24
  don't
• 3:24
  care
• 3:25
  what
• 3:25
  the
• 3:25
  market's
• 3:25
  doing.
• 3:26
  Ups
• 3:27
  and
• 3:27
  downs,
• 3:27
  sideways,
• 3:28
  front
• 3:28
  ways,
• 3:29
  doesn't
• 3:30
  matter.
• 3:31
  Who
• 3:32
  do
• 3:32
  you
• 3:32
  think
• 3:32
  ended
• 3:32
  up
• 3:32
  better
• 3:33
  at
• 3:33
  the
• 3:33
  end?
• 3:34
  Well,
• 3:35
  that
• 3:35
  person
• 3:35
  that
• 3:35
  consistently
• 3:36
  invested
• 3:37
  monthly
• 3:37
  got
• 3:37
  through
• 3:38
  the
• 3:38
  ups
• 3:38
  and
• 3:38
  downs
• 3:38
  and
• 3:39
  guess
• 3:39
  what?
• 3:39
  They
• 3:39
  built
• 3:39
  a
• 3:39
  stronger
• 3:40
  portfolio.
• 3:42
  My
• 3:42
  brokers
• 3:43
  always
• 3:43
  tell
• 3:43
  me
• 3:43
  this.
• 3:43
  He
• 3:43
  says,
• 3:44
  ralph,
• 3:44
  buy
• 3:44
  the
• 3:45
  dips.
• 3:45
  Well,
• 3:45
  obviously
• 3:46
  if
• 3:46
  he's
• 3:46
  telling
• 3:46
  me
• 3:46
  that,
• 3:46
  guess
• 3:47
  what
• 3:47
  that
• 3:47
  means?
• 3:47
  There's
• 3:47
  going
• 3:47
  to
• 3:47
  be
• 3:47
  ups
• 3:48
  and
• 3:48
  downs.
• 3:50
  The
• 3:50
  founder
• 3:50
  of
• 3:50
  Vanguard,
• 3:51
  John
• 3:51
  Bogle,
• 3:51
  said
• 3:52
  this,
• 3:53
  and
• 3:53
  I
• 3:53
  thought
• 3:53
  this
• 3:53
  is
• 3:53
  so
• 3:53
  important
• 3:54
  to
• 3:54
  share
• 3:54
  with
• 3:54
  you
• 3:54
  today.
• 3:54
  Time
• 3:55
  is
• 3:55
  your
• 3:55
  friend.
• 3:57
  Impulse
• 3:57
  is
• 3:57
  your
• 3:58
  enemy.
• 3:59
  I
• 4:00
  want
• 4:00
  to
• 4:00
  repeat
• 4:00
  that
• 4:00
  again
• 4:00
  because
• 4:01
  it's
• 4:01
  so
• 4:01
  valuable
• 4:01
  today.
• 4:02
  Time
• 4:02
  is
• 4:02
  your
• 4:03
  friend.
• 4:04
  Time
• 4:04
  in
• 4:04
  the
• 4:04
  market
• 4:05
  being
• 4:05
  consistent.
• 4:07
  But
• 4:07
  what's
• 4:08
  the
• 4:08
  warning
• 4:08
  here?
• 4:09
  Impulse
• 4:09
  is
• 4:09
  your
• 4:10
  enemy.
• 4:10
  So
• 4:10
  that's
• 4:10
  the
• 4:10
  key.
• 4:11
  You
• 4:11
  got
• 4:11
  to
• 4:11
  use
• 4:11
  time
• 4:12
  in
• 4:12
  your
• 4:12
  favor
• 4:13
  and
• 4:14
  avoid
• 4:14
  that
• 4:14
  impulse
• 4:15
  feeling.
• 4:16
  So
• 4:16
  I
• 4:17
  thought
• 4:17
  I
• 4:17
  might
• 4:17
  start
• 4:17
  with
• 4:17
  an
• 4:17
  analogy.
• 4:19
  Most
• 4:19
  people
• 4:20
  like
• 4:20
  pizza.
• 4:21
  So
• 4:22
  think
• 4:22
  of
• 4:22
  a
• 4:22
  pizza,
• 4:23
  let's
• 4:24
  say
• 4:24
  every
• 4:24
  Friday.
• 4:24
  Your
• 4:25
  deal
• 4:25
  is
• 4:25
  you
• 4:25
  go
• 4:25
  buy
• 4:25
  a
• 4:25
  pizza.
• 4:26
  Cost
• 4:26
  you
• 4:26
  10
• 4:26
  bucks.
• 4:27
  Now,
• 4:27
  I'm
• 4:27
  not
• 4:27
  sure
• 4:27
  we
• 4:27
  can
• 4:27
  get
• 4:27
  a
• 4:28
  pizza
• 4:28
  for
• 4:28
  10
• 4:28
  bucks
• 4:28
  in
• 4:28
  the
• 4:28
  United
• 4:29
  States
• 4:29
  anymore,
• 4:29
  but
• 4:29
  let's
• 4:30
  just
• 4:30
  say
• 4:30
  you
• 4:30
  go
• 4:30
  buy
• 4:30
  a
• 4:30
  pizza
• 4:31
  for
• 4:31
  10
• 4:31
  bucks
• 4:31
  every
• 4:32
  Friday,
• 4:32
  same
• 4:32
  price
• 4:33
  every
• 4:33
  week.
• 4:35
  Well,
• 4:35
  here's
• 4:36
  the
• 4:36
  deal.
• 4:36
  The
• 4:36
  way
• 4:36
  that
• 4:36
  this
• 4:36
  stock
• 4:37
  market
• 4:37
  averaging
• 4:38
  works,
• 4:39
  think
• 4:39
  about
• 4:39
  a
• 4:39
  pizza.
• 4:40
  When
• 4:40
  costs
• 4:41
  rise
• 4:41
  in
• 4:41
  the
• 4:41
  market,
• 4:42
  you
• 4:42
  get
• 4:42
  fewer
• 4:43
  pizza
• 4:43
  slices.
• 4:44
  It's
• 4:44
  really
• 4:45
  that
• 4:45
  simple.
• 4:45
  But
• 4:45
  then
• 4:46
  when
• 4:46
  the
• 4:46
  costs
• 4:46
  come
• 4:47
  down,
• 4:47
  guess
• 4:47
  what
• 4:48
  bonus?
• 4:49
  More
• 4:49
  pizza
• 4:50
  slices.
• 4:51
  But
• 4:52
  what's
• 4:52
  the
• 4:52
  moral
• 4:52
  of
• 4:52
  the
• 4:52
  story
• 4:53
  here?
• 4:54
  Either
• 4:54
  way,
• 4:55
  it's
• 4:55
  Friday,
• 4:55
  you
• 4:56
  get
• 4:56
  to
• 4:56
  eat
• 4:56
  pizza.
• 4:58
  Marketing
• 4:59
  works
• 4:59
  the
• 4:59
  same
• 4:59
  way.
• 5:00
  The
• 5:00
  market
• 5:00
  works
• 5:00
  the
• 5:00
  same
• 5:01
  way.
• 5:01
  What
• 5:01
  we're
• 5:01
  talking
• 5:01
  about
• 5:01
  here
• 5:01
  is
• 5:02
  really,
• 5:02
  really
• 5:02
  simple.
• 5:03
  I'm
• 5:03
  a
• 5:03
  narrow
• 5:03
  down.
• 5:03
  I
• 5:04
  like
• 5:04
  to
• 5:04
  talk
• 5:04
  things
• 5:04
  in
• 5:04
  layman's
• 5:05
  terms.
• 5:05
  Simple
• 5:05
  terms,
• 5:06
  you're
• 5:06
  playing
• 5:06
  averages.
• 5:08
  And
• 5:08
  dollar
• 5:09
  cost
• 5:09
  averaging
• 5:09
  takes
• 5:10
  timing
• 5:10
  off
• 5:10
  the
• 5:10
  table.
• 5:12
  Like
• 5:12
  Vogel
• 5:12
  said,
• 5:13
  move
• 5:13
  away
• 5:13
  from
• 5:13
  timing.
• 5:14
  You
• 5:14
  don't
• 5:14
  need
• 5:14
  to
• 5:14
  Guess
• 5:14
  anymore.
• 5:15
  You're
• 5:15
  not
• 5:15
  gambling
• 5:15
  anymore.
• 5:17
  And
• 5:17
  with
• 5:17
  this
• 5:17
  type
• 5:18
  of
• 5:18
  investment
• 5:18
  strategy,
• 5:19
  you
• 5:19
  buy
• 5:19
  more
• 5:19
  at
• 5:20
  lower
• 5:20
  prices,
• 5:20
  which
• 5:21
  helps
• 5:21
  you
• 5:21
  lower
• 5:21
  your
• 5:22
  average
• 5:22
  cost.
• 5:23
  And
• 5:23
  that
• 5:24
  approach
• 5:24
  helps
• 5:24
  you
• 5:24
  keep
• 5:25
  from
• 5:25
  panicking
• 5:25
  because
• 5:26
  listen,
• 5:26
  the
• 5:26
  markets
• 5:26
  are
• 5:26
  going
• 5:26
  to
• 5:26
  dip.
• 5:27
  What's
• 5:27
  assure
• 5:27
  this
• 5:28
  in
• 5:28
  life?
• 5:28
  The
• 5:28
  markets
• 5:28
  are
• 5:29
  going
• 5:29
  up
• 5:29
  and
• 5:29
  down.
• 5:31
  But
• 5:31
  here's
• 5:31
  the
• 5:31
  other
• 5:31
  side
• 5:32
  of
• 5:32
  this
• 5:32
  is
• 5:32
  why
• 5:32
  I
• 5:32
  want
• 5:32
  to
• 5:32
  really
• 5:33
  cover
• 5:33
  this
• 5:33
  today.
• 5:33
  It
• 5:33
  also
• 5:34
  keeps
• 5:34
  you
• 5:34
  from
• 5:35
  getting
• 5:35
  greedy
• 5:35
  when
• 5:35
  they
• 5:36
  rise,
• 5:37
  it's
• 5:37
  so
• 5:37
  easy
• 5:37
  to
• 5:38
  say,
• 5:38
  wow,
• 5:38
  the
• 5:38
  market's
• 5:38
  up,
• 5:39
  man,
• 5:39
  I
• 5:39
  got
• 5:39
  to
• 5:39
  jump
• 5:39
  in
• 5:39
  and
• 5:39
  sell
• 5:40
  everything
• 5:40
  now.
• 5:41
  Be
• 5:41
  careful
• 5:42
  of
• 5:42
  that.
• 5:42
  Works
• 5:43
  the
• 5:43
  same
• 5:43
  way.
• 5:43
  You
• 5:43
  want
• 5:43
  to
• 5:43
  eat
• 5:44
  every
• 5:44
  Friday,
• 5:44
  you
• 5:44
  want
• 5:44
  to
• 5:44
  have
• 5:44
  that
• 5:45
  pizza
• 5:45
  every
• 5:45
  Friday.
• 5:46
  Some
• 5:46
  days
• 5:46
  are
• 5:46
  going
• 5:46
  to
• 5:46
  be
• 5:46
  more
• 5:47
  slices
• 5:47
  than
• 5:47
  less.
• 5:47
  Same
• 5:48
  10
• 5:48
  bucks.
• 5:49
  Over
• 5:50
  the
• 5:50
  years,
• 5:50
  steady
• 5:51
  investing
• 5:51
  compounds
• 5:52
  into
• 5:52
  real
• 5:52
  growth.
• 5:53
  It's
• 5:53
  all
• 5:54
  about
• 5:54
  that
• 5:54
  faith
• 5:54
  and
• 5:55
  patience
• 5:55
  working
• 5:55
  together.
• 5:56
  And
• 5:56
  think
• 5:57
  about
• 5:57
  this,
• 5:57
  a
• 5:57
  little
• 5:57
  bit
• 5:57
  of
• 5:58
  a
• 5:58
  biblical
• 5:58
  analogy
• 5:59
  that
• 6:00
  that
• 6:00
  small,
• 6:00
  faithful
• 6:01
  sowing,
• 6:01
  that
• 6:02
  faithful,
• 6:02
  consistent
• 6:03
  investing,
• 6:04
  it
• 6:04
  leads
• 6:05
  to
• 6:05
  steady
• 6:05
  reaping
• 6:06
  down
• 6:06
  the
• 6:06
  road.
• 6:07
  That's
• 6:07
  what
• 6:08
  we're
• 6:08
  all
• 6:08
  looking
• 6:08
  for
• 6:08
  because
• 6:09
  scripture
• 6:09
  reminds
• 6:09
  us
• 6:10
  of
• 6:10
  this.
• 6:11
  Consistency,
• 6:12
  diligence,
• 6:13
  faith.
• 6:14
  Let's
• 6:14
  get
• 6:14
  right
• 6:14
  into
• 6:14
  the
• 6:14
  scripture.
• 6:15
  I
• 6:15
  got
• 6:15
  a
• 6:15
  strong
• 6:15
  and
• 6:16
  powerful
• 6:16
  verse
• 6:16
  from
• 6:17
  the
• 6:17
  book
• 6:17
  of
• 6:17
  Galatians
• 6:18
  today.
• 6:18
  This
• 6:18
  is
• 6:19
  from
• 6:19
  chapter
• 6:19
  six,
• 6:19
  verse
• 6:20
  seven.
• 6:21
  It
• 6:21
  says,
• 6:21
  do
• 6:22
  not
• 6:22
  be
• 6:22
  deceived.
• 6:23
  God
• 6:24
  cannot
• 6:24
  be
• 6:24
  mocked.
• 6:26
  A
• 6:26
  man
• 6:26
  reaps
• 6:26
  what
• 6:27
  he
• 6:27
  sows.
• 6:29
  Pretty
• 6:29
  strong,
• 6:29
  isn't
• 6:30
  it?
• 6:31
  What
• 6:31
  you
• 6:32
  sow,
• 6:32
  what
• 6:32
  you
• 6:32
  decide
• 6:33
  to
• 6:33
  put
• 6:33
  into
• 6:33
  those
• 6:34
  investments
• 6:34
  day
• 6:34
  in
• 6:34
  and
• 6:35
  day
• 6:35
  out,
• 6:35
  inconsistency,
• 6:37
  that's
• 6:37
  what
• 6:37
  you're
• 6:38
  going
• 6:38
  to
• 6:38
  reap.
• 6:38
  Longer.
• 6:39
  How
• 6:39
  about
• 6:39
  we
• 6:39
  pray
• 6:39
  together
• 6:40
  right
• 6:40
  now?
• 6:41
  Lord,
• 6:42
  we
• 6:42
  come
• 6:42
  to
• 6:42
  you
• 6:42
  today.
• 6:42
  We
• 6:43
  just
• 6:43
  thank
• 6:43
  you
• 6:43
  for
• 6:43
  grace.
• 6:44
  We
• 6:44
  thank
• 6:44
  you
• 6:44
  for
• 6:44
  understanding
• 6:45
  that
• 6:45
  we
• 6:46
  sometimes
• 6:46
  do
• 6:46
  get
• 6:46
  greedy,
• 6:47
  Lord,
• 6:47
  and
• 6:47
  we
• 6:47
  get
• 6:48
  impractical
• 6:49
  and
• 6:49
  we
• 6:49
  want
• 6:49
  to
• 6:49
  time
• 6:49
  the
• 6:50
  mark.
• 6:50
  We
• 6:50
  want
• 6:50
  to
• 6:50
  do
• 6:50
  all
• 6:50
  those
• 6:51
  things
• 6:51
  that
• 6:51
  you
• 6:51
  warned
• 6:51
  us
• 6:52
  against,
• 6:52
  Lord.
• 6:53
  So
• 6:53
  today
• 6:54
  we
• 6:54
  just
• 6:54
  ask
• 6:54
  you
• 6:54
  to
• 6:54
  give
• 6:55
  us
• 6:55
  diligence,
• 6:55
  Lord,
• 6:56
  to
• 6:56
  keep
• 6:56
  investing
• 6:57
  consistently
• 6:57
  in
• 6:58
  faithful
• 6:58
  stewardship,
• 6:59
  Lord,
• 7:00
  and
• 7:00
  we
• 7:00
  just
• 7:01
  trust
• 7:01
  your
• 7:01
  wisdom
• 7:02
  and
• 7:02
  help
• 7:02
  us
• 7:02
  to
• 7:02
  ignore
• 7:03
  the
• 7:03
  fear
• 7:03
  and
• 7:03
  that
• 7:04
  greed
• 7:04
  that
• 7:04
  comes
• 7:05
  into
• 7:05
  our
• 7:05
  minds
• 7:05
  as
• 7:05
  fleshly
• 7:06
  people,
• 7:06
  Lord,
• 7:07
  and
• 7:08
  we
• 7:08
  just
• 7:08
  thank
• 7:08
  you
• 7:08
  for
• 7:09
  teaching
• 7:09
  us
• 7:09
  the
• 7:09
  value
• 7:09
  of
• 7:10
  that
• 7:10
  steady
• 7:10
  faithfulness.
• 7:11
  And
• 7:11
  we
• 7:11
  ask
• 7:11
  all
• 7:12
  of
• 7:12
  these
• 7:12
  things
• 7:12
  in
• 7:13
  the
• 7:13
  name
• 7:13
  of
• 7:13
  Jesus.
• 7:14
  Amen.
• 7:16
  So
• 7:16
  here's
• 7:16
  my
• 7:16
  one
• 7:17
  action
• 7:17
  step
• 7:17
  for
• 7:17
  you
• 7:17
  today.
• 7:18
  Really
• 7:18
  simple.
• 7:18
  Today
• 7:19
  I
• 7:19
  want
• 7:20
  you
• 7:20
  to
• 7:20
  just
• 7:20
  think
• 7:20
  about
• 7:20
  a
• 7:21
  fixed
• 7:21
  monthly
• 7:22
  investment
• 7:22
  amount
• 7:23
  and
• 7:23
  commit
• 7:23
  to
• 7:24
  it.
• 7:24
  Just
• 7:24
  like
• 7:25
  that
• 7:25
  Friday
• 7:25
  pizza.
• 7:25
  I
• 7:26
  want
• 7:26
  you
• 7:26
  to
• 7:26
  commit
• 7:26
  to
• 7:26
  how
• 7:27
  much
• 7:27
  you're
• 7:27
  going
• 7:27
  to
• 7:27
  put
• 7:27
  into
• 7:27
  the
• 7:28
  market,
• 7:28
  regardless
• 7:28
  of
• 7:29
  market
• 7:29
  condition.
• 7:29
  Now
• 7:30
  listen,
• 7:30
  you
• 7:30
  don't
• 7:30
  have
• 7:30
  to
• 7:30
  put
• 7:30
  it
• 7:30
  in
• 7:30
  the
• 7:30
  market.
• 7:31
  You
• 7:31
  can
• 7:31
  put
• 7:31
  it
• 7:31
  in
• 7:31
  a
• 7:31
  savings
• 7:32
  account,
• 7:32
  you
• 7:32
  can
• 7:33
  do
• 7:33
  it
• 7:33
  in
• 7:33
  your
• 7:33
  investment,
• 7:33
  whatever
• 7:34
  you
• 7:34
  want
• 7:34
  to
• 7:34
  do
• 7:34
  it,
• 7:34
  it
• 7:34
  doesn't
• 7:35
  really
• 7:35
  matter.
• 7:36
  But
• 7:37
  think
• 7:37
  about
• 7:37
  doing
• 7:37
  it
• 7:38
  and
• 7:38
  being
• 7:38
  consistent
• 7:39
  with
• 7:39
  it.
• 7:39
  Because
• 7:40
  when
• 7:40
  you
• 7:40
  do
• 7:40
  that,
• 7:40
  you're
• 7:41
  building
• 7:41
  the
• 7:41
  average
• 7:41
  and
• 7:42
  you're
• 7:42
  building
• 7:42
  wealth.
• 7:43
  No
• 7:44
  more
• 7:44
  living
• 7:44
  in
• 7:44
  fear
• 7:45
  of
• 7:45
  the
• 7:45
  dips
• 7:45
  in
• 7:45
  the
• 7:45
  market.
• 7:46
  No
• 7:46
  more
• 7:46
  trying
• 7:46
  to
• 7:46
  time
• 7:47
  the
• 7:47
  market
• 7:47
  as
• 7:48
  like
• 7:48
  I
• 7:48
  said
• 7:48
  earlier,
• 7:48
  living
• 7:48
  in
• 7:49
  fantasy
• 7:49
  land.
• 7:50
  So
• 7:50
  that's
• 7:50
  my
• 7:50
  encouragement
• 7:51
  for
• 7:51
  you
• 7:51
  today.
• 7:51
  Just
• 7:51
  one
• 7:52
  simple
• 7:52
  thing,
• 7:53
  one
• 7:53
  other
• 7:53
  thing
• 7:53
  you
• 7:54
  can
• 7:54
  do
• 7:54
  for
• 7:54
  me
• 7:54
  is
• 7:54
  share
• 7:54
  the
• 7:54
  show.
• 7:55
  One
• 7:55
  of
• 7:55
  the
• 7:55
  ways
• 7:55
  I'm
• 7:56
  trying
• 7:56
  to
• 7:56
  do
• 7:56
  is
• 7:56
  I'm
• 7:56
  trying
• 7:56
  to
• 7:56
  grow
• 7:57
  the
• 7:57
  show.
• 7:57
  A
• 7:57
  lot
• 7:57
  of
• 7:57
  people
• 7:57
  out
• 7:58
  there
• 7:58
  are
• 7:58
  looking
• 7:58
  for
• 7:59
  this
• 7:59
  wisdom.
• 7:59
  They're
• 7:59
  looking
• 8:00
  for
• 8:00
  that
• 8:00
  faithful
• 8:01
  finance,
• 8:01
  how
• 8:01
  to,
• 8:01
  how
• 8:02
  to
• 8:02
  get
• 8:02
  to
• 8:02
  peace
• 8:02
  and
• 8:02
  how
• 8:02
  to
• 8:03
  get
• 8:03
  to
• 8:03
  confidence.
• 8:03
  Well,
• 8:04
  if
• 8:04
  you
• 8:04
  share
• 8:04
  the
• 8:04
  show,
• 8:05
  you
• 8:05
  can
• 8:05
  be
• 8:05
  an
• 8:05
  ambassador
• 8:06
  for
• 8:06
  the
• 8:06
  show.
• 8:07
  Just
• 8:07
  send
• 8:07
  them
• 8:07
  to
• 8:07
  our
• 8:08
  website.
• 8:08
  That's
• 8:08
  financially
• 8:09
  confident
• 8:09
  Christian.com
• 8:11
  say,
• 8:11
  hey
• 8:11
  listen,
• 8:12
  I
• 8:12
  got
• 8:12
  this
• 8:12
  guy
• 8:12
  Ralph,
• 8:12
  I
• 8:12
  listen
• 8:13
  to
• 8:13
  every
• 8:13
  day,
• 8:14
  got
• 8:14
  some
• 8:14
  great
• 8:14
  ideas.
• 8:14
  We're
• 8:15
  doing
• 8:15
  this
• 8:15
  30
• 8:15
  day
• 8:16
  investment
• 8:16
  series.
• 8:16
  You
• 8:17
  should
• 8:17
  check
• 8:17
  it
• 8:17
  out
• 8:17
  again.
• 8:17
  That's
• 8:18
  at
• 8:18
  financially
• 8:19
  confident
• 8:19
  Christian.com
• 8:21
  and
• 8:21
  remember
• 8:21
  this,
• 8:22
  you
• 8:22
  don't
• 8:22
  need
• 8:22
  to
• 8:22
  time
• 8:22
  the
• 8:23
  market
• 8:23
  to
• 8:23
  succeed.
• 8:24
  Stop
• 8:24
  playing
• 8:25
  those
• 8:25
  games.
• 8:26
  Stop
• 8:26
  playing
• 8:26
  the
• 8:27
  trying
• 8:27
  to
• 8:27
  chase
• 8:27
  after
• 8:28
  those
• 8:28
  falling
• 8:28
  knives.
• 8:29
  You
• 8:29
  don't
• 8:29
  need
• 8:29
  to
• 8:29
  bleed
• 8:30
  to
• 8:30
  invest.
• 8:31
  Use
• 8:32
  that
• 8:32
  dollar
• 8:32
  college
• 8:33
  averaging
• 8:33
  to
• 8:33
  remove
• 8:33
  that
• 8:33
  emotion
• 8:34
  and
• 8:34
  build
• 8:35
  that
• 8:35
  consistency.
• 8:36
  And
• 8:36
  it's
• 8:36
  like
• 8:36
  I
• 8:36
  said,
• 8:37
  those
• 8:37
  small
• 8:37
  steady
• 8:38
  investments,
• 8:39
  they
• 8:39
  compound
• 8:40
  into
• 8:40
  long
• 8:40
  term
• 8:41
  growth.
• 8:42
  And
• 8:42
  it's
• 8:42
  that
• 8:42
  faithful
• 8:43
  sowing
• 8:43
  that
• 8:44
  leads
• 8:44
  to
• 8:44
  steady
• 8:44
  reaping.
• 8:45
  So
• 8:46
  let's
• 8:46
  today
• 8:46
  remove
• 8:46
  that
• 8:47
  emotion
• 8:47
  and
• 8:48
  tame
• 8:48
  that
• 8:48
  greed.
• 8:49
  And
• 8:49
  I
• 8:49
  just
• 8:50
  want
• 8:50
  to
• 8:50
  encourage
• 8:50
  you
• 8:50
  right
• 8:50
  now,
• 8:50
  you
• 8:51
  can
• 8:51
  do
• 8:51
  this.
• 8:52
  You
• 8:52
  don't
• 8:52
  have
• 8:52
  to
• 8:52
  live
• 8:52
  in
• 8:53
  fear.
• 8:53
  God
• 8:54
  hears
• 8:54
  your
• 8:54
  prayers.
• 8:54
  I
• 8:55
  just
• 8:55
  encourage
• 8:55
  you
• 8:55
  right
• 8:55
  now,
• 8:56
  stay
• 8:56
  financially
• 8:57
  savvy.
• 8:57
  Go
• 8:57
  live
• 8:58
  as
• 8:58
  a
• 8:58
  financially
• 8:59
  confident
• 8:59
  Christian.
• 9:00
  God
• 9:00
  bless
• 9:00
  you.
• 9:01
  And
• 9:01
  you
• 9:01
  have
• 9:01
  a
• 9:01
  great
• 9:01
  day
• 9:02
  today.
• 9:10
  Ra.