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What Even IS Investing, and Why Does It Matter for Me? · Becoming Financially Confident

• 0:37
  I
• 0:37
  got
• 0:37
  this
• 0:38
  question
• 0:38
  the
• 0:38
  other
• 0:38
  day
• 0:38
  in
• 0:38
  the
• 0:38
  email
• 0:39
  and
• 0:39
  I
• 0:39
  thought
• 0:39
  this
• 0:39
  was
• 0:40
  perfect
• 0:40
  way
• 0:40
  to
• 0:40
  launch
• 0:40
  our
• 0:41
  new
• 0:41
  series
• 0:41
  on
• 0:41
  investing.
• 0:42
  Ralph,
• 0:43
  investing
• 0:43
  feels
• 0:44
  like
• 0:44
  it's
• 0:44
  just
• 0:44
  for
• 0:45
  rich
• 0:45
  people,
• 0:45
  like
• 0:46
  some
• 0:46
  Wall
• 0:46
  street
• 0:47
  secret
• 0:47
  club.
• 0:48
  Does
• 0:48
  it
• 0:49
  even
• 0:49
  matter
• 0:49
  to
• 0:49
  me?
• 0:50
  And
• 0:51
  I
• 0:51
  thought
• 0:51
  that
• 0:51
  was
• 0:51
  a
• 0:51
  great
• 0:51
  question
• 0:52
  because
• 0:52
  so
• 0:52
  many
• 0:52
  people
• 0:53
  have
• 0:53
  this
• 0:53
  myth
• 0:54
  about
• 0:54
  investment.
• 0:54
  Like
• 0:55
  you
• 0:55
  have
• 0:55
  to
• 0:55
  be
• 0:55
  in
• 0:56
  some,
• 0:56
  you
• 0:56
  know,
• 0:57
  highfalutin
• 0:58
  Wall
• 0:58
  street
• 0:58
  crowd.
• 0:59
  Maybe
• 1:00
  you're
• 1:00
  feeling
• 1:00
  that
• 1:00
  too.
• 1:00
  Maybe
• 1:01
  you're
• 1:01
  listening
• 1:01
  right
• 1:01
  now.
• 1:01
  You're
• 1:02
  like,
• 1:02
  ralph,
• 1:02
  I
• 1:02
  feel
• 1:03
  the
• 1:03
  exact
• 1:03
  same
• 1:03
  way.
• 1:04
  Like
• 1:04
  investing
• 1:05
  is
• 1:05
  out
• 1:05
  of
• 1:05
  reach,
• 1:06
  something
• 1:07
  for
• 1:07
  them,
• 1:07
  but
• 1:07
  not
• 1:08
  for
• 1:08
  you.
• 1:09
  But
• 1:09
  here's
• 1:10
  the
• 1:10
  truth.
• 1:11
  Investing
• 1:12
  isn't
• 1:12
  just
• 1:12
  for
• 1:12
  the
• 1:12
  wealthy.
• 1:13
  So
• 1:13
  many
• 1:13
  people
• 1:14
  get
• 1:14
  hung
• 1:14
  up
• 1:14
  on
• 1:14
  that.
• 1:14
  Well,
• 1:15
  I've
• 1:15
  got
• 1:15
  to
• 1:15
  have
• 1:15
  thousands
• 1:15
  and
• 1:16
  millions
• 1:16
  of
• 1:16
  dollars.
• 1:17
  That's
• 1:18
  just
• 1:18
  not
• 1:18
  true.
• 1:19
  It's
• 1:19
  one
• 1:19
  of
• 1:19
  the
• 1:19
  most
• 1:20
  powerful
• 1:20
  tools
• 1:21
  that
• 1:21
  God
• 1:21
  has
• 1:21
  given
• 1:22
  you
• 1:22
  to
• 1:22
  really
• 1:22
  steward
• 1:23
  your
• 1:23
  money
• 1:23
  wisely
• 1:24
  and
• 1:24
  to
• 1:25
  build
• 1:25
  a
• 1:25
  future
• 1:25
  filled
• 1:26
  with
• 1:26
  peace
• 1:26
  and
• 1:27
  purpose.
• 1:28
  Well,
• 1:28
  let's
• 1:28
  talk
• 1:28
  about
• 1:28
  getting
• 1:28
  started
• 1:29
  in
• 1:29
  investing
• 1:30
  and
• 1:30
  how
• 1:30
  you
• 1:30
  can
• 1:30
  build
• 1:31
  that
• 1:31
  future
• 1:31
  of
• 1:31
  peace
• 1:32
  and
• 1:32
  purpose,
• 1:33
  all
• 1:33
  while
• 1:33
  stewarding
• 1:33
  what
• 1:34
  God
• 1:34
  has
• 1:34
  given
• 1:34
  you.
• 1:34
  That's
• 1:35
  we're
• 1:35
  going
• 1:35
  to
• 1:35
  talk
• 1:35
  about
• 1:35
  on
• 1:35
  today's
• 1:36
  show.
• 1:38
  This
• 1:38
  is
• 1:38
  Financially
• 1:39
  Confident
• 1:39
  Christian,
• 1:40
  your
• 1:40
  daily
• 1:41
  dose
• 1:41
  of
• 1:41
  gospel,
• 1:41
  grounded
• 1:42
  insight
• 1:42
  and
• 1:43
  faith
• 1:43
  driven
• 1:43
  tips
• 1:44
  to
• 1:44
  help
• 1:44
  you
• 1:44
  break
• 1:45
  the
• 1:45
  cycle
• 1:45
  of
• 1:45
  financial
• 1:46
  shame
• 1:46
  with
• 1:46
  confidence.
• 1:49
  Hello
• 1:49
  there.
• 1:50
  Welcome
• 1:50
  to
• 1:50
  Financially
• 1:51
  Confident
• 1:51
  Christian.
• 1:51
  I'm
• 1:52
  super
• 1:52
  excited
• 1:52
  as
• 1:52
  we
• 1:52
  launch
• 1:53
  a
• 1:53
  brand
• 1:53
  new
• 1:53
  series
• 1:54
  for
• 1:54
  the
• 1:54
  next
• 1:54
  30
• 1:54
  days
• 1:55
  on
• 1:55
  investing.
• 1:57
  Today's
• 1:57
  question.
• 1:57
  A
• 1:58
  lot
• 1:58
  of
• 1:58
  people
• 1:58
  say
• 1:58
  this
• 1:58
  to
• 1:58
  me
• 1:59
  that
• 1:59
  Ralph,
• 1:59
  investing
• 2:00
  is
• 2:00
  for
• 2:00
  those
• 2:00
  wealthy
• 2:01
  people.
• 2:02
  It's
• 2:02
  for
• 2:02
  those
• 2:02
  people
• 2:02
  who've
• 2:03
  got
• 2:03
  all
• 2:03
  that
• 2:03
  bags
• 2:04
  of
• 2:04
  money.
• 2:04
  Let
• 2:04
  me
• 2:05
  tell
• 2:05
  you
• 2:05
  right
• 2:05
  now,
• 2:05
  I
• 2:06
  don't
• 2:06
  have
• 2:06
  bags
• 2:06
  of
• 2:06
  money.
• 2:07
  And
• 2:07
  I
• 2:07
  bet
• 2:07
  you're
• 2:07
  listening
• 2:08
  right
• 2:08
  now,
• 2:08
  you
• 2:08
  probably
• 2:09
  don't
• 2:09
  have
• 2:09
  bags
• 2:09
  of
• 2:09
  money
• 2:10
  either.
• 2:11
  And
• 2:11
  I
• 2:11
  used
• 2:11
  to
• 2:11
  think
• 2:12
  investing
• 2:12
  was
• 2:12
  super
• 2:12
  complicated.
• 2:13
  I
• 2:13
  remember
• 2:13
  when
• 2:13
  I
• 2:14
  was
• 2:14
  a
• 2:14
  sophomore
• 2:15
  in
• 2:15
  college
• 2:15
  at
• 2:15
  the
• 2:16
  University
• 2:16
  of
• 2:16
  Delaware,
• 2:16
  I
• 2:16
  had
• 2:17
  to
• 2:17
  take
• 2:17
  this
• 2:17
  investments
• 2:18
  class
• 2:18
  and
• 2:18
  man,
• 2:18
  I
• 2:19
  thought
• 2:19
  this
• 2:19
  stuff
• 2:19
  was
• 2:20
  super
• 2:20
  complicated.
• 2:21
  And
• 2:21
  to
• 2:22
  be
• 2:22
  totally
• 2:22
  honest
• 2:22
  with
• 2:22
  you,
• 2:23
  the
• 2:23
  professor
• 2:23
  made
• 2:24
  it
• 2:24
  more
• 2:24
  complicated.
• 2:26
  Charts
• 2:26
  and
• 2:27
  jargon,
• 2:27
  all
• 2:27
  kinds
• 2:28
  of
• 2:28
  big
• 2:28
  words
• 2:28
  and
• 2:29
  brokers
• 2:29
  wearing
• 2:29
  suits
• 2:30
  like
• 2:30
  the
• 2:30
  typical
• 2:31
  movie
• 2:31
  Wall
• 2:32
  Street.
• 2:33
  But
• 2:33
  over
• 2:34
  time,
• 2:34
  I
• 2:34
  learned
• 2:34
  something
• 2:35
  very
• 2:35
  valuable.
• 2:36
  Investing
• 2:37
  is
• 2:37
  not
• 2:37
  that
• 2:38
  complicated.
• 2:39
  It's
• 2:39
  really
• 2:39
  not.
• 2:39
  It's
• 2:40
  just
• 2:40
  a
• 2:40
  way
• 2:40
  to
• 2:40
  put
• 2:40
  your
• 2:41
  money
• 2:41
  to
• 2:41
  work
• 2:41
  for
• 2:41
  you.
• 2:42
  You
• 2:42
  don't
• 2:42
  have
• 2:43
  to
• 2:43
  carry
• 2:43
  all
• 2:43
  that
• 2:43
  weight
• 2:44
  for
• 2:44
  yourself.
• 2:45
  That's
• 2:45
  really
• 2:45
  what
• 2:45
  it's
• 2:45
  come.
• 2:46
  It's
• 2:46
  kind
• 2:46
  of
• 2:46
  like
• 2:46
  a
• 2:46
  backpack.
• 2:48
  You
• 2:48
  put
• 2:48
  those
• 2:48
  things
• 2:48
  in
• 2:49
  the
• 2:49
  backpack,
• 2:49
  you
• 2:49
  throw
• 2:49
  it
• 2:50
  on
• 2:50
  your
• 2:50
  shoulder
• 2:50
  so
• 2:50
  you're
• 2:50
  not
• 2:51
  carrying
• 2:51
  these
• 2:51
  bundles
• 2:51
  of
• 2:52
  Things,
• 2:53
  that's
• 2:53
  really
• 2:53
  all
• 2:54
  investing
• 2:54
  is.
• 2:54
  It's
• 2:54
  no
• 2:55
  more
• 2:55
  complicated
• 2:55
  than
• 2:55
  that.
• 2:56
  And
• 2:57
  not
• 2:57
  forget
• 2:57
  when
• 2:57
  I
• 2:57
  was
• 2:58
  young
• 2:58
  in
• 2:58
  my
• 2:58
  career,
• 2:58
  I
• 2:58
  worked
• 2:58
  with
• 2:59
  this
• 2:59
  young
• 2:59
  couple.
• 3:00
  And
• 3:00
  I
• 3:00
  remember
• 3:00
  them
• 3:01
  coming
• 3:01
  in
• 3:01
  to
• 3:01
  me.
• 3:01
  They
• 3:01
  were
• 3:01
  just
• 3:02
  coming
• 3:02
  to
• 3:02
  get
• 3:02
  their
• 3:02
  taxes
• 3:02
  done.
• 3:03
  At
• 3:03
  the
• 3:03
  time
• 3:03
  I
• 3:03
  used
• 3:03
  to
• 3:03
  just
• 3:03
  do
• 3:04
  mostly
• 3:04
  focused
• 3:04
  on
• 3:05
  tax
• 3:05
  work.
• 3:05
  And
• 3:05
  this
• 3:05
  young
• 3:05
  couple
• 3:06
  came
• 3:06
  in
• 3:06
  and
• 3:06
  I
• 3:07
  don't
• 3:07
  think
• 3:07
  they
• 3:07
  had
• 3:07
  been
• 3:07
  married
• 3:08
  six
• 3:08
  months,
• 3:08
  whatever
• 3:09
  it
• 3:09
  was.
• 3:09
  They're
• 3:09
  young
• 3:09
  couple
• 3:10
  just
• 3:10
  starting
• 3:10
  out
• 3:10
  in
• 3:10
  their
• 3:10
  career.
• 3:11
  And
• 3:11
  one
• 3:11
  of
• 3:11
  the
• 3:11
  things
• 3:12
  I
• 3:12
  always
• 3:12
  like
• 3:12
  to
• 3:12
  ask
• 3:12
  them
• 3:13
  is,
• 3:13
  do
• 3:13
  you
• 3:13
  have
• 3:13
  any
• 3:13
  investments?
• 3:14
  I
• 3:14
  needed
• 3:15
  to
• 3:15
  have
• 3:15
  that
• 3:15
  information
• 3:15
  so
• 3:15
  I
• 3:15
  could
• 3:16
  do
• 3:16
  their
• 3:16
  tax
• 3:16
  return.
• 3:17
  And
• 3:17
  he
• 3:17
  said,
• 3:18
  oh,
• 3:18
  no,
• 3:18
  you
• 3:18
  know,
• 3:18
  we're
• 3:19
  just
• 3:19
  getting
• 3:19
  started,
• 3:19
  Ralph.
• 3:20
  We
• 3:20
  don't
• 3:20
  have
• 3:20
  any
• 3:20
  investments.
• 3:21
  We're
• 3:21
  too
• 3:21
  small
• 3:21
  to
• 3:22
  invest.
• 3:23
  And
• 3:23
  I
• 3:23
  said
• 3:23
  to
• 3:24
  them,
• 3:24
  no,
• 3:24
  wait
• 3:24
  a
• 3:24
  second,
• 3:24
  don't
• 3:25
  think
• 3:25
  like
• 3:25
  that.
• 3:26
  And
• 3:26
  I
• 3:26
  don't
• 3:26
  want
• 3:27
  you
• 3:27
  to
• 3:27
  think
• 3:27
  like
• 3:27
  that.
• 3:27
  If
• 3:27
  you're
• 3:28
  listening
• 3:28
  right
• 3:28
  now,
• 3:29
  there's
• 3:29
  never
• 3:30
  too
• 3:30
  small
• 3:30
  amount.
• 3:31
  Now
• 3:31
  these
• 3:31
  big
• 3:31
  investment
• 3:32
  houses
• 3:32
  will
• 3:32
  tell
• 3:32
  you,
• 3:32
  well,
• 3:32
  don't
• 3:33
  call
• 3:33
  us
• 3:33
  unless
• 3:33
  you've
• 3:33
  got
• 3:34
  a
• 3:34
  hundred
• 3:34
  thousand
• 3:34
  dollars
• 3:35
  worth
• 3:35
  of
• 3:35
  money.
• 3:35
  That's
• 3:36
  great,
• 3:36
  that's
• 3:36
  for
• 3:37
  them.
• 3:38
  But
• 3:38
  this
• 3:38
  couple,
• 3:38
  I
• 3:38
  remember
• 3:39
  at
• 3:39
  the
• 3:39
  end
• 3:39
  of
• 3:39
  the
• 3:39
  meeting,
• 3:40
  they
• 3:40
  said,
• 3:40
  ralph,
• 3:40
  would
• 3:40
  you
• 3:40
  help
• 3:41
  us
• 3:41
  with
• 3:41
  this?
• 3:41
  I
• 3:41
  said,
• 3:41
  absolutely.
• 3:42
  Now,
• 3:42
  I
• 3:42
  don't
• 3:43
  make
• 3:43
  investment
• 3:43
  decisions,
• 3:44
  but
• 3:44
  I
• 3:45
  can
• 3:45
  put
• 3:45
  you
• 3:45
  in
• 3:45
  touch
• 3:45
  with
• 3:45
  a
• 3:46
  broker.
• 3:46
  But
• 3:46
  you
• 3:46
  can
• 3:47
  start
• 3:47
  with
• 3:47
  something
• 3:47
  as
• 3:48
  simple
• 3:48
  as
• 3:48
  $50
• 3:49
  a
• 3:49
  month.
• 3:50
  Well,
• 3:51
  guess
• 3:51
  what?
• 3:52
  They
• 3:52
  took
• 3:52
  the
• 3:52
  bait.
• 3:53
  That's
• 3:53
  what
• 3:53
  they
• 3:53
  did.
• 3:53
  They
• 3:53
  started
• 3:53
  with
• 3:54
  just
• 3:54
  $50
• 3:54
  a
• 3:54
  month.
• 3:55
  And
• 3:55
  I
• 3:55
  remember
• 3:55
  year
• 3:55
  after
• 3:55
  year
• 3:56
  they
• 3:56
  would
• 3:56
  come
• 3:56
  in
• 3:56
  and
• 3:56
  they
• 3:57
  were
• 3:57
  so
• 3:57
  proud.
• 3:57
  They'd
• 3:58
  bring
• 3:58
  in
• 3:58
  their
• 3:58
  investment
• 3:59
  statement
• 3:59
  and
• 4:00
  this
• 4:00
  thing
• 4:00
  just
• 4:00
  grew
• 4:01
  and
• 4:01
  grew
• 4:02
  and
• 4:02
  grew.
• 4:02
  And
• 4:02
  I
• 4:03
  remember
• 4:03
  each
• 4:03
  year
• 4:03
  they'd
• 4:04
  say,
• 4:04
  wow,
• 4:04
  I
• 4:04
  can't
• 4:04
  believe
• 4:04
  it
• 4:05
  grew
• 4:05
  that
• 4:05
  much.
• 4:06
  Just
• 4:06
  $50
• 4:07
  a
• 4:07
  month,
• 4:07
  Ralph.
• 4:08
  And
• 4:09
  the
• 4:09
  truth
• 4:09
  is,
• 4:09
  small
• 4:10
  steps
• 4:10
  matter.
• 4:11
  And
• 4:11
  see,
• 4:12
  investing
• 4:12
  is
• 4:12
  not
• 4:12
  more
• 4:12
  complicated
• 4:13
  than
• 4:13
  that.
• 4:14
  It's
• 4:14
  just
• 4:14
  putting
• 4:15
  your
• 4:15
  money
• 4:15
  to
• 4:15
  work
• 4:16
  for
• 4:16
  you.
• 4:16
  So
• 4:17
  many
• 4:17
  people
• 4:17
  get
• 4:17
  intimidated
• 4:18
  by
• 4:18
  investing.
• 4:18
  Maybe
• 4:18
  you're
• 4:19
  sitting
• 4:19
  there
• 4:19
  right
• 4:19
  now,
• 4:19
  you're
• 4:19
  like,
• 4:19
  Ralph,
• 4:20
  I.
• 4:20
  I
• 4:20
  don't
• 4:20
  even
• 4:20
  understand
• 4:21
  a
• 4:21
  bit
• 4:21
  of
• 4:21
  investments.
• 4:22
  Well,
• 4:22
  this
• 4:22
  series
• 4:22
  is
• 4:22
  going
• 4:23
  to
• 4:23
  be
• 4:23
  for
• 4:23
  you
• 4:23
  because
• 4:23
  we're
• 4:23
  going
• 4:23
  to
• 4:24
  break
• 4:24
  it
• 4:24
  all
• 4:24
  down
• 4:24
  piece
• 4:24
  by
• 4:25
  piece.
• 4:25
  We're
• 4:25
  going
• 4:25
  to
• 4:26
  talk
• 4:26
  about
• 4:26
  stocks,
• 4:27
  we're
• 4:27
  going
• 4:27
  to
• 4:27
  talk
• 4:27
  about
• 4:27
  bonds,
• 4:28
  but
• 4:28
  I'm
• 4:28
  going
• 4:28
  to
• 4:28
  make
• 4:29
  it
• 4:29
  super
• 4:29
  simple
• 4:30
  because
• 4:30
  guess
• 4:30
  what?
• 4:31
  It's
• 4:31
  not
• 4:31
  that
• 4:32
  complicated.
• 4:33
  Let's
• 4:33
  get
• 4:33
  right
• 4:34
  into
• 4:34
  scripture.
• 4:35
  I
• 4:35
  found
• 4:35
  this
• 4:35
  from
• 4:35
  the
• 4:36
  Book
• 4:36
  of
• 4:36
  Matthew,
• 4:36
  chapter
• 4:37
  25,
• 4:37
  verse
• 4:38
  14.
• 4:38
  And
• 4:39
  it
• 4:39
  says
• 4:39
  this
• 4:39
  again,
• 4:39
  it
• 4:40
  will
• 4:40
  be
• 4:40
  like
• 4:40
  a
• 4:40
  man
• 4:40
  going
• 4:41
  on
• 4:41
  a
• 4:41
  journey
• 4:41
  who
• 4:42
  called
• 4:42
  his
• 4:42
  servants
• 4:43
  and
• 4:43
  entrusted
• 4:43
  his
• 4:44
  wealth
• 4:44
  to
• 4:44
  them.
• 4:45
  See,
• 4:45
  that's
• 4:46
  what
• 4:46
  God
• 4:46
  has
• 4:46
  done.
• 4:47
  I've
• 4:47
  said
• 4:47
  this
• 4:47
  on
• 4:48
  the
• 4:48
  show
• 4:48
  many
• 4:48
  times.
• 4:48
  What
• 4:49
  you
• 4:49
  have
• 4:49
  is
• 4:49
  not
• 4:49
  yours.
• 4:50
  God
• 4:50
  has
• 4:50
  entrusted
• 4:51
  you
• 4:51
  to
• 4:51
  do
• 4:51
  it.
• 4:51
  Just
• 4:52
  like
• 4:52
  in
• 4:52
  the
• 4:52
  Book
• 4:52
  of
• 4:52
  Matthew,
• 4:53
  the
• 4:53
  parable
• 4:53
  that
• 4:54
  Jesus
• 4:54
  talked
• 4:54
  about.
• 4:55
  The
• 4:55
  wealthy
• 4:56
  landowner
• 4:56
  had
• 4:57
  given
• 4:57
  each
• 4:57
  of
• 4:57
  them
• 4:57
  money
• 4:58
  to
• 4:58
  invest.
• 4:59
  He
• 4:59
  entrusted
• 5:00
  them
• 5:00
  with
• 5:00
  wealth.
• 5:00
  Well,
• 5:01
  the
• 5:01
  Lord's
• 5:01
  entrusted
• 5:01
  you
• 5:02
  with
• 5:02
  the
• 5:02
  same
• 5:02
  thing.
• 5:03
  He's
• 5:03
  entrusted
• 5:04
  you
• 5:04
  with
• 5:04
  his
• 5:04
  resources.
• 5:06
  And
• 5:06
  we're
• 5:06
  called
• 5:06
  to
• 5:07
  grow
• 5:07
  them,
• 5:07
  not
• 5:07
  to
• 5:07
  bury
• 5:08
  him
• 5:08
  in
• 5:08
  some
• 5:09
  backyard
• 5:09
  can
• 5:10
  in
• 5:10
  the
• 5:10
  middle
• 5:10
  of
• 5:10
  the
• 5:11
  yard.
• 5:11
  And
• 5:12
  that's
• 5:12
  what
• 5:12
  investments
• 5:13
  do.
• 5:14
  And
• 5:14
  here's
• 5:14
  the
• 5:14
  problem.
• 5:15
  The
• 5:15
  reason
• 5:15
  that
• 5:15
  investing
• 5:16
  matters
• 5:17
  is
• 5:17
  because
• 5:17
  if
• 5:17
  you
• 5:18
  don't
• 5:18
  do
• 5:18
  anything
• 5:18
  with
• 5:18
  it,
• 5:19
  if
• 5:19
  you
• 5:19
  just
• 5:19
  bury
• 5:19
  it
• 5:20
  in
• 5:20
  the
• 5:20
  backyard,
• 5:20
  my
• 5:20
  grandfather
• 5:21
  used
• 5:21
  to
• 5:21
  say
• 5:21
  it's
• 5:21
  like
• 5:21
  burying
• 5:22
  it
• 5:22
  in
• 5:22
  an
• 5:22
  old
• 5:23
  coffee
• 5:23
  can
• 5:23
  in
• 5:24
  the
• 5:24
  backyard.
• 5:25
  Well,
• 5:25
  first
• 5:25
  of
• 5:25
  all,
• 5:25
  the
• 5:26
  money's
• 5:26
  gonna
• 5:26
  break
• 5:26
  down.
• 5:26
  It's
• 5:27
  gonna
• 5:27
  get
• 5:27
  moisture
• 5:27
  and
• 5:28
  maybe
• 5:28
  get
• 5:28
  some
• 5:28
  worms
• 5:28
  in
• 5:28
  it.
• 5:29
  But
• 5:30
  investing
• 5:30
  matters
• 5:31
  because
• 5:31
  money
• 5:31
  loses
• 5:32
  value
• 5:32
  over
• 5:32
  time.
• 5:32
  Because
• 5:33
  what
• 5:33
  do
• 5:33
  we
• 5:33
  have?
• 5:33
  We
• 5:33
  have
• 5:33
  inflation.
• 5:34
  Not
• 5:34
  for
• 5:34
  today's
• 5:35
  show,
• 5:35
  but
• 5:35
  inflation
• 5:36
  erodes
• 5:36
  the
• 5:37
  value
• 5:37
  of
• 5:37
  that
• 5:37
  money.
• 5:38
  But
• 5:38
  when
• 5:38
  you
• 5:39
  invest
• 5:39
  it,
• 5:40
  you
• 5:40
  protect
• 5:40
  it.
• 5:41
  And,
• 5:41
  hey,
• 5:41
  look,
• 5:41
  my
• 5:42
  young
• 5:42
  couple
• 5:42
  Learned,
• 5:42
  even
• 5:43
  at
• 5:43
  $50
• 5:43
  a
• 5:44
  month,
• 5:44
  that
• 5:45
  investment
• 5:45
  multiplies.
• 5:47
  And
• 5:47
  a
• 5:47
  lot
• 5:47
  of
• 5:47
  people
• 5:48
  who
• 5:48
  are
• 5:48
  Christians
• 5:48
  say,
• 5:48
  oh,
• 5:49
  wait
• 5:49
  a
• 5:49
  minute,
• 5:49
  Ralph.
• 5:49
  You're
• 5:50
  talking
• 5:50
  about
• 5:50
  investing,
• 5:51
  man.
• 5:51
  That's
• 5:51
  greed.
• 5:52
  You're
• 5:52
  talking
• 5:53
  about
• 5:53
  how
• 5:53
  to
• 5:53
  get
• 5:53
  the
• 5:53
  most.
• 5:54
  Like
• 5:54
  this
• 5:54
  Wall
• 5:55
  street
• 5:55
  guy.
• 5:55
  They
• 5:55
  have
• 5:55
  this
• 5:56
  picture
• 5:56
  that
• 5:56
  these
• 5:56
  people
• 5:57
  are,
• 5:57
  you
• 5:57
  know,
• 5:57
  doing
• 5:57
  all
• 5:57
  kinds
• 5:58
  of
• 5:58
  crazy
• 5:58
  stuff
• 5:59
  to
• 5:59
  get
• 5:59
  greedy
• 6:00
  about
• 6:00
  stuff.
• 6:01
  But
• 6:02
  that's
• 6:02
  not
• 6:02
  at
• 6:02
  all
• 6:02
  what
• 6:02
  I'm
• 6:03
  talking
• 6:03
  about.
• 6:04
  Investments
• 6:05
  aren't
• 6:05
  about
• 6:05
  greed.
• 6:06
  It's
• 6:06
  about
• 6:06
  stewardship.
• 6:07
  And
• 6:07
  scripture
• 6:08
  calls
• 6:08
  us
• 6:08
  a
• 6:08
  stewardship.
• 6:09
  Look
• 6:09
  at
• 6:09
  the
• 6:09
  Book
• 6:09
  of
• 6:09
  Luke,
• 6:10
  chapter
• 6:10
  16
• 6:11
  ver.
• 6:12
  It
• 6:12
  says
• 6:12
  this.
• 6:12
  And
• 6:13
  I've
• 6:13
  used
• 6:13
  this
• 6:13
  on
• 6:13
  this
• 6:13
  show
• 6:14
  a
• 6:14
  million
• 6:14
  times
• 6:14
  because
• 6:15
  this
• 6:15
  is
• 6:15
  the
• 6:16
  most
• 6:16
  important
• 6:16
  thing
• 6:17
  to
• 6:17
  remember.
• 6:17
  Whoever
• 6:18
  can
• 6:18
  be
• 6:18
  trusted
• 6:18
  with
• 6:18
  very
• 6:19
  little
• 6:19
  can
• 6:20
  also
• 6:20
  be
• 6:20
  trusted
• 6:20
  with
• 6:21
  much.
• 6:22
  If
• 6:22
  God's
• 6:22
  given
• 6:23
  you
• 6:23
  just
• 6:23
  a
• 6:23
  little
• 6:23
  bit,
• 6:24
  you
• 6:24
  might
• 6:24
  be
• 6:24
  looking
• 6:24
  right,
• 6:24
  Ralph,
• 6:25
  I
• 6:25
  am
• 6:25
  the
• 6:25
  definition
• 6:26
  of
• 6:26
  God's
• 6:26
  given
• 6:27
  me
• 6:27
  a
• 6:27
  little
• 6:27
  bit.
• 6:28
  But
• 6:28
  guess
• 6:29
  what?
• 6:30
  God
• 6:30
  has
• 6:30
  trusted
• 6:31
  you
• 6:31
  with
• 6:31
  that.
• 6:32
  If
• 6:32
  you
• 6:32
  want
• 6:32
  him
• 6:33
  to
• 6:33
  trust
• 6:33
  with
• 6:33
  more,
• 6:34
  you've
• 6:34
  got
• 6:34
  to
• 6:34
  understand
• 6:35
  how
• 6:35
  to
• 6:36
  faithfully
• 6:36
  grow.
• 6:36
  That,
• 6:38
  like
• 6:38
  my
• 6:38
  young
• 6:38
  couple
• 6:38
  Learned,
• 6:39
  even
• 6:39
  at
• 6:39
  $50,
• 6:40
  with
• 6:40
  those
• 6:40
  small
• 6:40
  beginnings,
• 6:42
  you
• 6:42
  don't
• 6:43
  need
• 6:43
  wealth
• 6:44
  to
• 6:44
  start
• 6:44
  investing.
• 6:45
  So
• 6:45
  many
• 6:45
  people
• 6:45
  think,
• 6:45
  well,
• 6:45
  I've
• 6:46
  got
• 6:46
  to
• 6:46
  have
• 6:46
  hundreds
• 6:46
  and
• 6:47
  thousands
• 6:47
  of
• 6:47
  dollars.
• 6:48
  No,
• 6:48
  that's
• 6:48
  not
• 6:48
  at
• 6:48
  all
• 6:49
  what
• 6:49
  you
• 6:49
  need.
• 6:50
  You
• 6:50
  just
• 6:50
  need
• 6:50
  a
• 6:50
  little
• 6:51
  wisdom,
• 6:52
  and
• 6:52
  you
• 6:52
  need
• 6:52
  a
• 6:52
  willingness
• 6:53
  to
• 6:53
  begin
• 6:55
  so
• 6:55
  that's
• 6:55
  my
• 6:55
  action
• 6:55
  step
• 6:56
  for
• 6:56
  today.
• 6:56
  Have
• 6:57
  that
• 6:57
  wisdom
• 6:57
  and
• 6:58
  have
• 6:58
  a
• 6:58
  willingness
• 6:58
  to
• 6:59
  begin
• 6:59
  because
• 6:59
  you
• 6:59
  can
• 6:59
  do
• 7:00
  this.
• 7:00
  Trust
• 7:00
  me.
• 7:00
  I
• 7:01
  have
• 7:01
  confidence
• 7:01
  in
• 7:01
  you.
• 7:02
  How
• 7:02
  about
• 7:02
  we
• 7:02
  pray
• 7:02
  together?
• 7:03
  Lord,
• 7:04
  we
• 7:04
  just
• 7:04
  thank
• 7:04
  you
• 7:04
  for
• 7:04
  the
• 7:05
  resources
• 7:05
  you
• 7:05
  placed
• 7:06
  in
• 7:06
  our
• 7:06
  hands.
• 7:07
  Help
• 7:07
  us
• 7:07
  to
• 7:07
  steward
• 7:08
  them
• 7:08
  wisely,
• 7:08
  Lord.
• 7:09
  Give
• 7:09
  my
• 7:09
  friend
• 7:10
  courage
• 7:10
  right
• 7:10
  now
• 7:10
  as
• 7:10
  they're
• 7:11
  listening
• 7:11
  to
• 7:11
  begin
• 7:11
  even
• 7:12
  with
• 7:12
  those
• 7:12
  small
• 7:12
  amounts,
• 7:13
  Lord.
• 7:14
  Show
• 7:14
  them
• 7:14
  how
• 7:15
  to
• 7:15
  multiply
• 7:15
  faithfulness
• 7:16
  over
• 7:16
  time,
• 7:17
  Lord,
• 7:17
  and
• 7:17
  to
• 7:17
  have
• 7:17
  the
• 7:18
  courage
• 7:18
  and
• 7:18
  the
• 7:19
  strength
• 7:19
  to
• 7:19
  do
• 7:19
  that,
• 7:19
  Lord.
• 7:20
  Grant
• 7:20
  them
• 7:20
  the
• 7:20
  wisdom
• 7:21
  to
• 7:21
  make
• 7:21
  wise
• 7:22
  choices
• 7:22
  in
• 7:22
  those
• 7:23
  investments.
• 7:23
  We
• 7:24
  ask
• 7:24
  this
• 7:24
  in
• 7:24
  confidence
• 7:25
  in
• 7:25
  Jesus
• 7:26
  name.
• 7:26
  Amen.
• 7:28
  Friend.
• 7:28
  Investing
• 7:29
  is
• 7:29
  for
• 7:29
  you.
• 7:30
  It's
• 7:30
  not
• 7:30
  for
• 7:30
  them.
• 7:30
  It's
• 7:30
  not
• 7:30
  this
• 7:31
  we,
• 7:31
  them
• 7:31
  mentality.
• 7:32
  It's
• 7:32
  for
• 7:32
  you.
• 7:34
  And
• 7:34
  as
• 7:34
  we
• 7:34
  talk
• 7:34
  about
• 7:35
  this
• 7:35
  tomorrow,
• 7:35
  we're
• 7:35
  gonna
• 7:35
  jump
• 7:35
  and
• 7:36
  talk
• 7:36
  about
• 7:36
  stocks,
• 7:37
  what
• 7:37
  they
• 7:37
  are
• 7:37
  and
• 7:37
  how
• 7:38
  they
• 7:38
  really
• 7:38
  work,
• 7:38
  because
• 7:38
  a
• 7:38
  lot
• 7:39
  of
• 7:39
  people
• 7:39
  do
• 7:39
  not
• 7:39
  understand.
• 7:39
  I
• 7:40
  got
• 7:40
  a
• 7:40
  great
• 7:40
  question
• 7:40
  to
• 7:40
  talk
• 7:41
  about
• 7:41
  tomorrow
• 7:41
  from
• 7:41
  a
• 7:42
  listener
• 7:42
  that
• 7:42
  said,
• 7:42
  ralph,
• 7:43
  just
• 7:43
  what
• 7:43
  are
• 7:43
  stocks?
• 7:44
  I
• 7:44
  don't
• 7:44
  understand
• 7:45
  it
• 7:45
  at
• 7:45
  all.
• 7:46
  Make
• 7:46
  sure
• 7:46
  you
• 7:46
  join
• 7:47
  me
• 7:47
  tomorrow
• 7:47
  because
• 7:47
  I'm
• 7:47
  gonna
• 7:48
  break
• 7:48
  down
• 7:48
  what
• 7:48
  a
• 7:48
  stock
• 7:49
  really
• 7:49
  is.
• 7:49
  And
• 7:49
  here's
• 7:49
  a
• 7:50
  spoiler
• 7:50
  alert.
• 7:50
  It's
• 7:50
  not
• 7:50
  that
• 7:50
  complicated.
• 7:51
  And
• 7:52
  if
• 7:52
  today's
• 7:52
  episode
• 7:53
  has
• 7:53
  given
• 7:53
  you
• 7:53
  some
• 7:54
  clarity
• 7:54
  about
• 7:54
  investment,
• 7:54
  you're
• 7:55
  like,
• 7:55
  Ralph,
• 7:55
  this
• 7:55
  is
• 7:55
  cool.
• 7:56
  I
• 7:56
  can
• 7:56
  actually
• 7:57
  be
• 7:57
  an
• 7:57
  investment
• 7:57
  person.
• 7:58
  I'm
• 7:58
  gonna
• 7:58
  encourage
• 7:58
  you
• 7:59
  right
• 7:59
  now.
• 7:59
  Share
• 7:59
  with
• 7:59
  somebody
• 8:00
  else
• 8:00
  who
• 8:00
  thinks
• 8:01
  that
• 8:01
  investing
• 8:01
  is
• 8:02
  out
• 8:02
  of
• 8:02
  reach.
• 8:03
  Somebody
• 8:03
  who
• 8:03
  thinks
• 8:03
  that.
• 8:03
  Oh,
• 8:04
  that's
• 8:04
  just
• 8:04
  for
• 8:04
  the
• 8:04
  we.
• 8:05
  That's
• 8:05
  not
• 8:06
  something
• 8:06
  for
• 8:06
  me
• 8:06
  with
• 8:06
  just
• 8:07
  meager
• 8:07
  things
• 8:07
  to
• 8:08
  have.
• 8:08
  Send
• 8:08
  them
• 8:08
  to
• 8:08
  our
• 8:09
  website.
• 8:09
  You
• 8:09
  can
• 8:10
  send
• 8:10
  him
• 8:10
  an
• 8:10
  email,
• 8:10
  send
• 8:11
  him
• 8:11
  a
• 8:11
  text
• 8:11
  and
• 8:11
  just
• 8:11
  say,
• 8:11
  hey,
• 8:12
  Ralph,
• 8:12
  Ralph's
• 8:12
  talking
• 8:12
  about
• 8:12
  investments.
• 8:13
  This
• 8:13
  is
• 8:14
  a
• 8:14
  show
• 8:14
  you
• 8:14
  don't
• 8:14
  want
• 8:15
  to
• 8:15
  miss.
• 8:15
  Send
• 8:16
  them
• 8:16
  to
• 8:16
  financiallyconfidentchristian.com
• 8:18
  Again,
• 8:19
  that's
• 8:19
  financiallyconfidentchristian.com.
• 8:21
  and
• 8:21
  hey,
• 8:22
  maybe
• 8:22
  you're
• 8:22
  listening
• 8:22
  right
• 8:22
  now
• 8:22
  and
• 8:22
  you're
• 8:23
  like,
• 8:23
  ralph,
• 8:23
  I've
• 8:24
  got
• 8:24
  a
• 8:24
  specific
• 8:24
  question
• 8:25
  about
• 8:25
  investments,
• 8:25
  and
• 8:26
  I
• 8:26
  would
• 8:26
  love
• 8:26
  to
• 8:26
  have
• 8:26
  the
• 8:27
  answer
• 8:27
  because
• 8:27
  I've
• 8:27
  looked
• 8:27
  all
• 8:28
  over
• 8:28
  the
• 8:28
  Internet
• 8:28
  and
• 8:29
  I
• 8:29
  can't
• 8:29
  find
• 8:30
  an
• 8:30
  answer.
• 8:30
  And
• 8:30
  you
• 8:31
  know,
• 8:31
  Ralph,
• 8:31
  you're
• 8:31
  always
• 8:32
  one
• 8:32
  to
• 8:32
  just
• 8:32
  get
• 8:33
  it
• 8:33
  down
• 8:33
  into
• 8:33
  the
• 8:33
  details
• 8:34
  that
• 8:34
  I
• 8:34
  can
• 8:34
  understand.
• 8:34
  Well,
• 8:34
  I
• 8:35
  would
• 8:35
  love
• 8:35
  to
• 8:35
  hear
• 8:35
  your
• 8:35
  question.
• 8:36
  Just
• 8:36
  send
• 8:36
  it
• 8:37
  to
• 8:37
  justaskralph.com
• 8:38
  Again,
• 8:39
  that's
• 8:39
  justaskralph.com.
• 8:40
  just
• 8:41
  put
• 8:41
  your
• 8:41
  name
• 8:41
  in
• 8:41
  your
• 8:41
  question.
• 8:42
  And
• 8:42
  guess
• 8:42
  what?
• 8:42
  I'll
• 8:43
  feature
• 8:43
  your
• 8:43
  question
• 8:44
  on
• 8:44
  a
• 8:44
  future
• 8:44
  show.
• 8:45
  And
• 8:45
  here's
• 8:46
  another
• 8:46
  thing.
• 8:46
  I
• 8:46
  want
• 8:46
  to
• 8:46
  give
• 8:47
  you
• 8:47
  something
• 8:47
  for
• 8:47
  free
• 8:47
  even
• 8:48
  as
• 8:48
  we
• 8:48
  start
• 8:48
  this
• 8:48
  new
• 8:49
  investing.
• 8:49
  I
• 8:50
  finished
• 8:50
  my
• 8:50
  third
• 8:50
  book,
• 8:50
  and
• 8:50
  I've
• 8:51
  been
• 8:51
  talking
• 8:51
  about
• 8:51
  this
• 8:51
  for
• 8:51
  a
• 8:51
  little
• 8:52
  bit,
• 8:52
  but
• 8:52
  I'm
• 8:52
  still
• 8:53
  giving
• 8:53
  free
• 8:53
  copies
• 8:53
  of
• 8:54
  my
• 8:54
  book
• 8:54
  away
• 8:54
  because
• 8:54
  I
• 8:55
  want
• 8:55
  you
• 8:55
  to
• 8:55
  become
• 8:56
  a
• 8:56
  financially
• 8:56
  confident
• 8:57
  Christian.
• 8:57
  And
• 8:57
  I've
• 8:57
  got
• 8:57
  a
• 8:58
  guidebook
• 8:58
  to
• 8:58
  help
• 8:58
  you
• 8:59
  do
• 8:59
  just
• 8:59
  that.
• 9:00
  For
• 9:00
  30
• 9:00
  years,
• 9:00
  I've
• 9:01
  worked
• 9:01
  with
• 9:01
  people
• 9:01
  just
• 9:02
  like
• 9:02
  you
• 9:02
  who
• 9:03
  are
• 9:03
  trying
• 9:03
  to
• 9:03
  break
• 9:03
  that
• 9:04
  cycle
• 9:04
  of
• 9:04
  financial
• 9:05
  shame
• 9:05
  and
• 9:05
  do
• 9:06
  it
• 9:06
  with
• 9:06
  confidence.
• 9:06
  Well,
• 9:06
  get
• 9:07
  a
• 9:07
  copy
• 9:07
  of
• 9:07
  my
• 9:07
  book.
• 9:07
  You
• 9:07
  can
• 9:07
  download
• 9:08
  it
• 9:08
  for
• 9:08
  free.
• 9:09
  Just
• 9:09
  go
• 9:09
  to
• 9:09
  financiallyconfidentchristian.com/Becoming
• 9:13
  again,
• 9:13
  that's
• 9:14
  financiallyconfidentchristian.com/Becoming.
• 9:17
  Go
• 9:17
  to
• 9:17
  the
• 9:18
  website,
• 9:18
  enter
• 9:18
  your
• 9:19
  name
• 9:19
  and
• 9:19
  your
• 9:19
  email
• 9:20
  address,
• 9:20
  and
• 9:20
  voila,
• 9:21
  you'll
• 9:21
  have
• 9:21
  a
• 9:21
  free
• 9:22
  copy
• 9:22
  of
• 9:22
  my
• 9:22
  book.
• 9:22
  And
• 9:22
  hey,
• 9:23
  share
• 9:23
  that
• 9:23
  with
• 9:23
  as
• 9:23
  many
• 9:23
  people
• 9:23
  as
• 9:24
  you
• 9:24
  want,
• 9:24
  because
• 9:25
  I
• 9:25
  want
• 9:25
  people
• 9:25
  to
• 9:26
  gain
• 9:26
  that
• 9:26
  confidence
• 9:27
  and
• 9:27
  I
• 9:28
  want
• 9:28
  them
• 9:28
  to
• 9:28
  break
• 9:28
  free
• 9:29
  of
• 9:29
  the
• 9:29
  financial
• 9:29
  shame
• 9:30
  that
• 9:30
  they
• 9:30
  feel
• 9:31
  because
• 9:31
  there's
• 9:31
  no
• 9:32
  financial
• 9:32
  shame
• 9:32
  in
• 9:32
  investing.
• 9:33
  So
• 9:33
  today
• 9:34
  I
• 9:34
  want
• 9:34
  to
• 9:34
  encourage
• 9:34
  you.
• 9:34
  Walk
• 9:35
  in
• 9:35
  wisdom.
• 9:35
  You
• 9:36
  have
• 9:36
  wisdom.
• 9:37
  Have
• 9:37
  confidence
• 9:37
  in
• 9:37
  yourself,
• 9:38
  because
• 9:38
  I
• 9:38
  sure
• 9:38
  have
• 9:39
  confidence
• 9:39
  in
• 9:39
  you.
• 9:39
  And
• 9:40
  more
• 9:40
  importantly
• 9:40
  than
• 9:40
  that,
• 9:41
  God
• 9:41
  is
• 9:41
  with
• 9:42
  you.
• 9:42
  So
• 9:43
  go
• 9:43
  out
• 9:43
  there
• 9:43
  today
• 9:43
  and
• 9:44
  be
• 9:44
  that
• 9:44
  financially
• 9:45
  confident
• 9:45
  Christian
• 9:45
  that
• 9:46
  I
• 9:46
  know
• 9:46
  you
• 9:46
  can
• 9:46
  be.
• 9:47
  Stay
• 9:47
  financially
• 9:48
  savvy.
• 9:48
  God
• 9:49
  bless
• 9:49
  you.
• 9:49
  And
• 9:50
  you
• 9:50
  have
• 9:50
  a
• 9:50
  great
• 9:50
  day
• 9:51
  today.