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Sept. 30, 2023 - Stew Peters Show
39:55
Scriptures And Wallstreet: Your God Or Your Wallet?
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Thank you.
Carlos Cortez here.
I hope you are doing well.
Wanted to say thank you for all the views and the likes and the subscribe.
Quick disclaimer here, as you guys know, I am a financial advisor.
Everything that I say today is for informational and educational purposes.
This is not educational advice.
If you are interested in having a consultation, we do help transform your retirement.
If you want investment advice, give us a call at 813-448-3446 or visit us online at CortezWM.com.
So, the title of this podcast is called Ask the Question, Make the Call.
Ask the Question, Make the Call is my challenge to you.
Ask the question.
Make the call.
You're going to know what those questions are here in a second.
But I challenge you to make the call to ask those questions.
But before we get into it, I wanted to basically say about my last Bricks podcast.
We're talking about Bricks.
Saw all the comments.
All the people that were butthurt and calling me tinfoil hat and saying all these nasty things about me.
Look.
I'm glad I said what I said.
I'm not here to cater to your feelings.
I said something that many people didn't agree with, which I said that Brazil, Russia, India, and China is not going to work.
You don't accept that because you've been fed this garbage of they are getting together to take down the US dollar and it doesn't fit your thinking.
Well, I'm not here to cater to your thinking.
Go follow whoever is satiating your brain.
That's not me.
What I'm saying is facts.
And if I need to start showing you my articles online or my research, go right ahead.
I will start doing that.
So, Bloomberg reports that yes...
There is a situation with Russia, India and China.
Mainly it's India and Brazil are not getting along with China.
China is in shambles.
I don't need to show you complete articles on how China is.
Just look up Evergrande.
They're stopping construction because people have paid millions of dollars into these buildings and they're not even able to complete these buildings.
So there's riots and protests right now.
There's two things in China that they're very, very protective over is obviously their money and their property.
China doesn't have a lot of real estate and so they have to build high.
And when you stop a building from being built that people spent their whole life savings building for a home and then you tell them that they cannot move into this home because they don't have any more funding.
The builders Evergrande, you're going to have riots.
They don't even know what to do right now in China.
Not to even mention the high interest rates.
They also have inflation.
There's no quantitative easing in China.
They're communists.
There's no capitalism.
But Euronews reports that Russia obviously is experiencing slowdowns.
And you guys didn't like that.
I don't know why you guys got so butthurt over that.
Yes, the Russian economy is doing bad.
It's hard to understand that.
And because they're doing bad, they're putting more pressure on the BRICS, on adding more expansion to the BRICS. That's all I meant to say.
Anyways, I don't really need to talk about this because the bricks are failing.
I do believe that.
And you don't see a lot of people talking about it because they're too busy selling you on something else.
But this is the actual facts.
And the U.S. is a lot stronger than what people think.
We are...
I mean, I really meant what I said.
Like, where are we going to go?
Okay, the U.S. dollar crashes and you have...
You have this in your hand.
You have these puppies in your hand.
Now you can get the fake ones at Costco, which they sold out in like three or four hours.
You guys heard about that, right?
You can buy gold bars at Costco, which I talked to one of my sources.
At Cornerstone.
And if you want a real gold bar like this one, just call Cornerstone.
888-747-3309.
Again, 888-747-3309.
They're actually...
They're actually with a refinery.
Costco is not with a refinery.
I don't know if those gold bars are legit.
I'm sure they fixed it by now, but that one company, PAMP or whatever the company was, back in the day, a few years ago, from what I hear, is that they had a fraudulent situation Wrapping their bars in gold plates which were Tonson metal.
And so I don't think that's going on anymore.
But there are plenty of articles on this.
And even other gold dealers are saying beware of these fake online gold bars.
You want to get your gold bars from a reputable source.
You want to get it from a place that doesn't charge a boatload of commissions.
And call our friends at Cornerstone, 888-747-3309.
Please mention that I sent you there.
But what I'm really getting at is, guys, is that all this is going to tie in together with today's discussion.
There also is, there also, like, if you're getting it from some, so just so you know, if you're getting it from a gold dealer, ask what their scanner, their technology, their certification technology is.
Because there are some apps right now where you can download and you can scan your precious metals to make sure it's real.
There's a Veriscan software that you can download.
Some are on the Veriscan network.
You have to ask what network the certification is on and download that app or that scanner on your phone.
And you can verify it to make sure it's actually certified.
So just a tidbit, if you are buying from Cornerstone or from wherever, I'm not here to advertise different gold dealers.
But I just want you guys to be aware that I don't really like the Costco brand.
The Costco gold bar situation, I really feel you need to be connected with a refinery, a dealer that is connected to the refinery that only deals with refineries directly.
And so that is a real thing.
So, I wanted to really just talk about funding evilness.
My last podcast was about funding evilness.
I I publicly apologize, as you guys remember, that I've been guilty of funding eagleness.
Just not knowing.
And I felt really convicted.
And I really, really had to ask God for forgiveness.
And really, He told me to go fix it.
He put that in my heart to go fix it.
So whatever I've got to do to fix it, I am.
I'm going to shed light into this.
That's why this podcast is here, Scriptures on Wall Street.
Because I want to shed light on one of the darkest places in the world, which is Wall Street.
And many people are not going to like what I say, and that's okay.
That's okay.
You can call me Tinfoil Hat.
You can call me whatever you want to call me.
I'm not here to cater to your feelings, man.
If you don't like the podcast, go somewhere else.
It's that simple.
You click a button and you go somewhere else.
But I know there's a lot of fake Christians out there that are really atheists because they care more about performance than having their name written in the book of life.
They care about the bank account more than they care about God's word.
They care about their image more than they care about themselves.
Like, legit.
Like, this is a real situation.
But you need to be asking the question.
If you have an advisor, you should be asking them, am I funding LGBT? Am I not just funding LGBT, but am I funding the legislation of LGBT? And same thing with abortion.
Am I funding abortion?
How do you know if I'm not funding abortion?
Am I funding abortion legislation?
There's companies right now That when you invest in them, they are funding this garbage.
Like, you own a mutual fund, an innocent mutual fund, you think it's innocent, at your local Edward Jones rep, or Merrill Lynch, or Ameriprise, or whatever company you decide to go with, or Fidelity, and they buy the contra fund, and that contra fund invests in LGBT and abortion.
Propaganda that leads to it.
This is what you're funding, guys.
And I'm...
I want to say...
That it's time to be diligent.
It's time to realize not just being a steward of your money.
Everybody wants to grow their assets.
I get it.
I get it, man.
I get it.
You don't have to tell me.
I know you want performance.
I know you want the 10-15% rate of returns.
I know in retirement you're trying to build as much as you can right before you go to distribution and retire.
But at what expense?
So ask the question, guys.
Ask the question to your advisor, do you know where my money is at?
Like, where the rubber meets the road?
Am I funding this stuff?
And then while you're at it, while you're having this vulnerability conversation, your advisor's going to either buckle up, he's going to say, I don't know, who cares?
That's...
Or she's going to say that.
I don't know.
Who cares?
My company, this.
My company...
Oh, I don't know.
They're going to quote the corporate bullcrap, man.
Someone said I needed a cup of coffee, so here's my cup of coffee.
Knucklehead.
No, I do these podcasts late when my kids are down.
I've worked a full day.
And so, yeah, if you see my eyes red...
Because I'm tired.
I'm tired.
I don't do these podcasts during the day because I am too busy talking to clients, being a business owner, picking up the kids from school, taking them to hockey.
I am tired when I do these things, but I love it.
I absolutely love it.
I no longer have to do seminars anymore, so I used to be able to Rent a restaurant for an evening.
Spend thousands of dollars to get people there and to talk.
And I would say, raise your hand if you voted for Obama.
Half the room would raise their hand.
I said, okay, you guys enjoy your meal.
But you're not going to like what I'm going to say.
And half of them wouldn't even enjoy their meal.
They'd just walk out.
And I'm like, great.
Now that we got that out of the way, because I'm not going to do business with someone I don't agree with politically, spiritually, now medically, and I don't think you should either.
So, yeah, if you are okay being a Democrat and okay killing babies and okay supporting the woke agenda and okay playing God and chopping off penises and installing vaginas...
Then I'm not your guy, man.
I'm not your guy if you're looking for 20-30% returns investing in technology that's going to kill babies or abortions or fund pornography or fund all this stuff.
That's not me.
I'm not here to support that.
And I don't think God will bless you.
The ill-gotten gains will be ill-gotten losses.
I truly believe that.
Even the secular world is getting crazy with this.
ESG, do I really need to show my articles on this now?
ESG, they're going through the whirlwinds of backlash.
Even secular people don't want to buy Bud Light and go to Starbucks and go to Target.
Like, who wants a penis-hiding bathing suit?
Or penis-tucking bathing suit?
Like, how stupid is that?
Like, this is what people are supporting when we go to Target.
Like, even secular people, people that are atheists, people that have denounced God, they don't even want it.
Like, atheists can still have morals.
And many atheists do, believe it or not.
They're not just all Satan worshippers.
But, I guess you are when you're an atheist, right?
Because you're acknowledging...
If you're an atheist, straight up, you got more faith than I do.
You got faith that there is no God.
By the way, if you're listening to this.
So...
ESG Blacklash.
I mean...
So...
BlackRock.
You guys know BlackRock?
They're biting no words, man.
They are just like...
They have created a bombshell because it's blowing up in their face.
Like, I should really start an anti-ESG fund.
We would make some money.
And honestly, that is kind of like the movement here.
I want to do things that are anti-economical social governance.
Anti-ESG. Because ESG follows the woke agenda.
It really is the LGBT and the Green New Deal warped into one movement called ESG. And we don't want our money managers investing in it.
We don't want to deal with that.
And this is a very, very, very small niche, guys.
You're not going to find many players that want to play in this space.
Because they associate biblical responsible investing with no returns.
So, I'm going to show you some good portfolios that yes, you can make money and be responsible.
You can make money and honor God at the same time.
You can make money and not support this woke agenda.
Yes, you can be a steward and do it in an honorable way.
I want to show you how to do that.
I want to show you, but you can't.
You basically can if you don't give us a call.
Like, get your consultation.
Speak to one of our consultants.
All you gotta do is call 813-448-3446 or visit us at CortezWM.com.
That's all you got to do.
And we're going to see if this is the right fit for you.
But the backlash at ESG is the start of many stuff to come.
People are just tired.
Look at Target.
They lost a lot of money.
Billions.
Bud Light.
They lost billions.
Even Ford at one point lost a lot of their fan base because they came out with that rainbow F-150 Raptor.
Oh, man.
Connor, I don't know if you can pull up an image of the Rainbow Raptor.
Like, the Raptor is the coolest F-150 out there.
And then they rainbow-tized it.
They made it really, really fruity.
And, oh, man, what a huge mistake.
they quickly pulled it away.
Anyways, so I got a prediction for you guys.
Thank you.
I got a prediction.
I could be totally wrong about half of this, but I'm going to go to say it anyway.
I believe we're at a pivotal point.
The market could either really just skyrocket from here, from manipulations, or the organic reality will happen.
We're at a turning point right now.
We're at a turning point right now.
Today is Friday, September 29th.
When you watch this, it will be the 30th, 2023.
We're at a turning point.
There's a golden cross in the market where the 50-day moving averages crosses the 200-day moving average.
It's called a golden cross.
Whenever this happens, it never really happened for many years.
And now it's happening like four times in the past...
Eight quarters.
And when this happens, typically it's a bullish sign.
It's a sign that the market will just rally.
But there's a lot of momentum.
But some of my money managers have literally just shifted into treasuries again.
Like where we were in February and March, all the way up to May.
From February to May we're in treasuries.
Honestly, Wall Street right now, the money managers are really cautiously optimistic, more on the bearish side.
Treasuries are really paying 4.5% to 5.5% right now.
That's not a bad option when the market is extremely volatile.
But I really think the market is really going to panic and it could go really bad.
It could go down tremendously.
There's a lot of pressure right now.
I'm not liking this commercial real estate loan crisis.
We're about to face another four months.
There's just a lot of geopolitical jargon with the bricks and the dollar.
And now we got banks.
If they raise the interest rates again, banks are going to go belly up.
This is why I recommend a state chartered bank in your area.
I can't recommend banks on this podcast because I'm not in your state and I'm not your advisor and I have to be very careful of what I say.
But if the market crashes down, what are you doing to protect your principal?
One of the things I do like about the BRI investing is that a lot of these companies aren't like big popular.
I mean, they're big companies.
They're just not advertised well or they're not woke companies.
So they're not really affected by the media risk.
A lot of this is media risk driven.
Many of you still listen to the media, Fox Business, Bloomberg.
I do.
Because I want to know what they're talking about so I can have an opinion and share it on here.
But when I do, I get called funny names.
Keep it coming.
Keep it coming.
Anyways, I say that because I believe greed is going...
I pray it's not.
I believe people are going to falter to greed this year.
This year I sense a nasty spirit of greed.
Greed and pride.
And what I mean by that is There's going to be scams out there.
There's going to be crypto scams.
There's going to be investment scams that people are going to fall to at a higher rate than normal because we are going to have a market meltdown.
This is my opinion.
Or it's going to skyrocket through manipulations.
Those two.
I don't think we're going to have a stagnant year like it's been all year.
I think it's going to be extremely volatile.
The VIX today, I checked it today in a client meeting.
It was at 16.
When it stays this low, I've never seen the VIX just be this low for this long.
It has to spike up.
And I think it's going to be this year.
It's going to be an event, a black swan event.
It could be the commercial real estate.
It could be anything.
But I want you to prepare now.
This isn't preparing.
This is red money.
I mean, it's already down 6%.
You need to have principal protection.
Principal protection means an insurance contract on your money, like a guarantee on your funds more than ever.
So there's so many options I can talk to you about that, but you really should just call our office 813-448-3446.
Or visit us at CortezWM.com.
If you want to know our strategies that we've been using, you can go to AmericaFirstRetirementPlan.com, download a free guide, and really color code your money.
Basically, what is risk, what is tactically, what is guaranteed.
What is risk?
What is tactical and liquid?
And what is my safe money?
What is guaranteed?
We have different modules like we spoke on the other podcast the other day.
So three buckets of We're good to go.
That should be doubling every five to seven years.
And your rainy day fund should be funding your one-time, unusual life expenses.
Whether it's monthly or maybe you have to buy a new set of tires or a new AC or a new roof, life happens.
It should not raid your safe money bucket or your growth bucket.
So if you don't understand that, if you want more clarity on that, obviously give us a call, 813-448-3446.
And for those of you that just want us to look at your statements, go ahead and send them to us.
Just black out your account number.
We don't need to know your account number.
You can email us at info at corteswm.com and I will respond in 24 hours, I promise you.
If you email us statements and you say, hey, I want a consultation, I will personally call you.
Try me.
Info at CortezWM.com What else was I going to say here?
So, oh yeah, the greed.
I really feel that greed is going to be a real big thing.
A real big thing this year.
I'm already starting to see FOMO happening, fear of missing out.
I believe greed is going to be a real big thing this year.
So just be cautious.
Use your fruits.
You know, the Bible says you know my people by its fruits.
Just be very smart this year.
Stay close to the vest.
Speaking of vests, Vantage.com forward slash Cortez.
If you haven't gotten your gun holster yet, go ahead and do so.
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You have a gun for the wife.
You have a gun for the closet.
You have a gun for the kitchen.
You have a...
Actually, my wife's got a few guns.
I got her a pink gun and a new K&N. Got her a new K&N Desert Storm gun.
Man, that thing is so cool with the sights.
It doesn't matter what kind of gun you have.
The Vanish Holsters, they do a good job of holding it.
If you live in hot sunny Florida like I do, They're breathable, so you can wear it around your waist, you can wear it around your leg.
If you have a blouse, a suit, a jacket, whatever, a t-shirt, you can't even see it.
It's very slick.
And if you don't like it, you just return it for a full refund.
So ESG blacklash is a huge thing.
The greed...
I've heard clients call and say, hey, well, I want to know what your average portfolio is and blah, blah, blah, and how much returns.
If you call me with that nonsense, I'm probably just going to hang up on you.
I'm not a performance guy.
And I know like...
Being on Wall Street, man, I'm just tired of these guys like, oh, you know, I got to make 15% a year because these dividends pay out.
I'm like, man, no.
No, I'm not down like that, dude.
I'm not.
Because they're seeking performance.
They're seeking performance.
And I'm over here being convicted that performance comes at a cost.
Performance comes at a cost now, guys.
You're funding the woke agenda.
You're funding Sodom and Gomorrah.
You're funding porn.
You're funding...
Amazon has...
Incest, pornographic crap on their website.
Look it up.
Go to my BRI scanner.
I'll have it on the link here.
Type in Amazon.
Read all the stuff they're doing.
Abortion pills, prostitution.
Their web hosting company has prostitution sites, has pornographic sites.
That's what you want.
If you want performance, That's between you and God, homie.
Not me.
I'm cleaning my hands from that.
That's between you and God, but I'm not going to do that here, man.
So, speaking of these companies, what do you invest in?
What is a BRI fund, like Biblical Responsible Fund, that's not going to cater to the woke agenda?
Well, I want to show you this one fact sheet real quick.
I mean, just in six months, it's up over 11%.
That's not bad when the stock market the whole year is up roughly 15-18%.
Yes, we're not 100% with the stock market, but we're taking less risk because we're with companies that are honoring God, country, and family that don't support everything that the media wants you to support.
If you're down to have a portfolio that is cool, calm, and collective, and that gets you the returns, and that can honor your faith, then give me a call.
813-448-3446.
I want to talk with you.
I want to make sure this is right for you.
Because I don't care.
I've given up.
I mean, I can never satisfy the greedy performing client.
Like, oh, I want to make 20% a year.
My broker made 25% of my 401k, blah, blah, blah.
So what, man?
I could care less.
Like, it's not important to me anymore how much you've made off of your woke agenda portfolio.
Congratulations!
You just funded evilness.
Yes, let's brag about that in the next barbecue.
And a lot of these are self-claiming Christians that brag about stock portfolios and their performances.
And I ask them, what'd you invest in?
Oh, I bought me Amazon stocks and some puts on some Amazons.
And I've been riding the dividend on GE. I'm like, wow, wow, wow.
You don't even know what you're funding.
And it's just greed, man.
It's just greed, dude.
Like, greed will blind you.
Greed will blind you, just like lust.
And I'm talking to the men here.
When you see a woman and you look at her once, bat your eyes, man.
Don't take that second look.
Because you dishonor your wife when you do that.
And your wife wants that second look, not that other chick.
And I actually wanted to...
I was reading my John Corson Commentary Bible this morning.
And I said, man, I didn't have a highlighter on me, so I just wrote around the book, right?
So I'm going to read straight from it.
There's no point of typing it on my phone or my notes here.
But I wanted just to read this real quick because it really spoke to me.
I believe the three temptations Jesus faced at the outset of his public ministry are the same three temptations that will come to anyone involved in any aspect of ministry, be it to family or to the body.
The temptation of materialism.
You should be living in a nicer house.
So you guys remember that Satan was tempting Jesus three times.
And so that temptation of materialism, the temptation of pragmatism and sensationalism.
So we're just going to discuss that real quick.
The temptation of materialism.
You should be living in a nicer house.
Satan will whisper, you're the king's kid, aren't you?
Don't you think he wants you to drive a Mercedes?
Aren't you hungry?
The temptation of pragmaticism.
Look at all these nations, Satan said.
Shouldn't they be saved?
So you have to bow down to me for just a moment.
And look at what you'll get.
Remember, Satan wants to be worshipped.
That's all he cares about.
He was so flamboyant about being the guy, the worshipper, or I'm sorry, to be worshipped, even in heaven, in front of God himself.
He was this beautiful angel.
He desired to be worshipped.
And even when he was tempting Jesus, he still wanted Jesus to worship him.
What an idiot.
The temptation of sensationalism.
In other words, come and see the power of God as we jump from the temple.
Angels will surround us.
The glory of God shall move among us.
Healings and wonder and glory will flow through us.
Material pragmatism and sensationalism.
Three ways Satan will try to inflict a ministry.
So watch now.
Be wise and Be as wise as serpents in these last days we live in.
Pretty cool.
It's a commentary Bible.
It's not word-for-word scripture.
But for me, in my ADHD, I've got to have somebody break it down for me with these scriptures.
I am a KJV fan, but this Bible is more of a study commentary Bible, and it's just something I have in my quiet time.
For those of you that want to throw mud at me for quoting a commentary Bible, My question is to you, are you spending time with the Lord every morning?
Are you being intentional with your wife?
Are you being intentional with your kids?
Are you being intentional with your spouse?
Are you trusting the money in your bank account or are you trusting on God's Word?
My parents are not rich people, but man are they rich.
They're rich in their faith.
They are living a legacy so that when they do die, I will know that regardless of what happens to my dad and my mom, the only thing they care about is my salvation, is to keep lighting that torch.
What are you doing to honor your parents?
Guys, we've got to get better.
We've got to get better.
Don't fall victim to the greed.
Satan is real.
He wants to kill, devour, and destroy you.
He wants to do that wholeheartedly.
That's pretty much all I have to say.
I've just been very convicted on the money issue of where it's funding.
I can wholeheartedly say, I don't want to be about performance.
I don't want it to be about performance.
I want it to be about His grace.
Being a steward.
God bless us, what a beautiful country.
Satan is trying to take over.
Hold the line.
Pray.
Read your Bible because we need you strong.
We need America strong.
America's on life support.
And the only thing that can save us is humbling ourselves because He will heal our land.
It's biblical.
So, if you want to talk, just email me, info at corteswm.com.
My mission is to help as many of you not fund this garbage.
However long it takes.
However the road it takes.
I have to put...
I have to put the full armor of God on.
And I'm here.
I am here, my friend.
All right, guys.
Well, I'm going to go enjoy the rest of my evening with my wife.
We're going to watch a movie.
I don't drink alcohol, but I'm sipping on some coffee.
So I'll probably be up for the rest of the night.
All right.
Well, God bless you guys.
Don't forget to visit us, CortezWM.com, or call us, 813-448-3446.
And if you are interested in non-toxic products for your family, visit SwitchMyProductsUSA.com and you can get an amazing, amazing product shipped to your door faster than Amazon Prime and affordable, non-toxic, non-harmful or, yeah, non-harmful, chemical-free products shipped to your door.
And with that being said, guys, I'm out of here.
I also have the BRI, the Biblical Responsible Investing Scanner, link on this description as well.
Feel free to put your stock portfolio in there.
And email me at info at corteswm.com.
What came up for you?
Alright guys, I'm out of here.
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