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Caregivers and Investments

Hope for the Caregiver / Peter Rosenberger
The Truth Network Radio
December 9, 2020 3:57 am

Caregivers and Investments

Hope for the Caregiver / Peter Rosenberger

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December 9, 2020 3:57 am

All too many caregivers feel that talking with a wealth advisor or investment group is for rich people.  Tommy Doerfler, of Lighthouse Wealth Team calls the show to debunk that and other myths about investing. 

www,hopeforthecaregiver.com 

Great Christmas gifts for caregivers

COVERED TOPICS / TAGS (Click to Search)
financial portfolio finances stockmarket caregiving trusts
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Christmas gift why not the one with the chicken leaving applicable as Christmas gifts chicken maybe it's not the get for your family, but it gives the perfect gift for poor family ninja chicken can break the cycle of poverty for poor family yes chicken chickens and provide food and nourishment for family and they can sell those eggs at the market for income when you donate a chicken or any other gospel for Asia. One percent of what you give goes to the field and get the ball went gospel fundraiser to support family and Jesus family this Christmas and give them six explanation see chickens and camping have you along with us about your reduce of the podcast.

You also know that we do broadcast every Saturday. Love is: shows and so forth.

We have lots and lots of colors and budget join that you can go to hope for the caregiver.com to learn more about that where you can listen or you can just stream it along AFR.net every Saturday mornings at 8 AM Eastern and John 1/200 stations now yeah And and then the.

The podcast is really grown somewhat. Thank you all for listening. Think you be a part of this got one of which I really interesting interviews from people that are in the industry. We got a great interview coming up here in a moment with Tommy Dorf work to talk about investment this about investments that a lot of people really kind of look at this thing all wrong and Thompson just give us some good insights and I'm to be interviewing Kathy Lee Gifford this week we got just just lots of things lots of things exciting going on Christmas gifts for caregivers to give to themselves. We started this lesson we redo it all the way through Christmas and John you pick out another one.

It is often times caregivers might get the quote short of the stick on receiving gifts you might be caring for somebody who is not capable of giving your gift and you know indeed is the season you know, and it can make you really make or break a couple of bad days. You know, but this one doesn't sound like a gift, but it really really is, and it's the first one is first one to see your doctor go see your doctor is on. I was so I also out. I was out in your dentist you of your favorite character in Rudolph the red nose reindeer cart that that animated stop stop at was the notion was little dentist will I ever began or started. I let it set. He took out all of the bumbles teeth yeah but it's yeah because 70 over 70% of caregivers do not see their own physician regularly and and this is a time bomb. This is the time bomb waiting to happen right course shop around that you don't shop for doctors like you. Thank you shop around, find a doctor that works well with you and there are some really I had a Dr. a while ago and she was just she was hilarious. She was the funniest person and was just a delight to go see her so they can make it can be. It doesn't have to be this clinical just yes no hear this all about the health thing. And yes it is but it's you it's getting out again professionalize on things and hopefully a human story with all sense of humor will and I subscribe to tell a duck it's exit connected docs that I do and I use that service and you can message me if you want or send an email to us or whatever, through hope for the caregiver describes the website and I'll give you information on that because I was I would have that service.

If I recommend that to everyone because then it's it takes away a little bit of the weirdness of you gotta go find a doctor go to the doctor's office and is doing it now and you can upload your chart. You can do all the kind of things and and that that it does interrupt your day so much, but it gives you access to good primary care type of environment. Now if you need a specialist. Whatever you have to go to different path and that's okay but I think what drove this home for me was about this time last year Jon, I was over at a clinic. It was at the over in Bozeman and in I was there and I saw this woman in a wheelchair who was incredibly thin. She was elderly and very thin and look very frail and she was being pushed by a woman who identified herself at the receptionist this as her daughter and the daughter was morbidly obese. I mean really coming every bit of 350 pounds every minute and I thought it and I thought about you heart, kidneys, blood pressure needs all the things that were going on with this daughter and this very frail elderly woman was depending on this daughter who was in horrific health nano you you can't be 350 pounds and 5 foot four or 5/2 in and tell me you're in good health. We just can't and and then you become a risk now for coronavirus and everything else because of morbid obesity is one of those things of scope comorbidities and I thought we got to go. We got to keep encouraging caregivers to take that step. It's it really is important and imperative that you go see your own doctor. What a great Christmas gift to yourself.

Yeah a natural thing as a as a give any idea of it being a gift to oneself is that you might not see the meeting. Jeff yeah get our Dr. get things checked out. Maybe now, maybe it's a clean bill of health and your own. Okay well that's good but maybe Something that would've taken you down six months from now now or just blood pressure. Yeah, something in Inc. and invested a good blood pressure cuff to have at home. You know and do that.

I've got of. We got two of them here below those kinds of things are there not very expensive but they're very important and and you know if you want to subscribe that service with connect dots again.

Message me I'll show you how to do it. It's easy. It is very affordable and you can you can have all of that at your fingertips and and why not you know why wait for this and if you have high blood pressure. I promise you it doesn't resolve itself would have to change something that you don't write her cholesterol is high and and particularly alike. Caregivers are my age now render a minimum hundred 6057 and so if I have high blood pressure and high cholesterol that sets me on a path for some type of an event and approximate price with 10 years gathering could be you could be really nasty and that's the gift or giving you might not ever realize that you gave it to yourself. Is that voided some tragedy and so you know these thesis. This is a small thing in the scope of things. It may seem like a weird thing which you know what it's important thing because your health is important what we see on the show all the time. Healthy caregivers make better caregivers.

If you're not healthy you listen the show today and you're looking down at your body and your sin. There is no way I can say this is healthy. I don't need you to be ashamed of it and you certainly don't need you to be ashamed of it. Nobody's asking to be a shame, which is asking you to take step in the right direction step in the right direction is two steps away from the wrong direction, I wrote that I would say that fingers but by the late guess who came through with that dentist name for Rudolph O Ed came through with it and her me hurting me and and never who was the who is the prospector I would know there was a there was daily as that's correct I is on top of it this week. This is that these things with the soundtrack in the in the movie script of our life growing up having every year and we had to watch Rudolph every and so yeah go see your doctor. It's a great Christmas gift to yourself and healthy caregivers make better caregivers. All right, do you have misconceptions about investment. Do you think things about investment. What was a person comes to your mind when you think I need to talk to some type of wealth management investment group person comes your mind, you may Beach may have some different thoughts after you talk to her Nicholas to our next guest to be back with us. Here are just a few. Most of them go to break wait to hear what he has to say Peter Rosenberg. This is caregiver healthy caregivers need healthy financing. This is most spiritually professionally, John.

I'll even say mentally pay the speed Rosenberg of your help somebody walk for the first time I've had that privilege many times through our organization. Standing with hope when my wife Gracie gave up both of her legs follow this horrible Rick that she had as a teenager and she tried to save them for years and if it just wouldn't work out. And finally she relinquished him and thought wow this is that I'm not heavy legs anymore. What can God do with that and then she had this vision for use in prosthetic limbs as a means of sharing the gospel to put legs on her fellow amputees and that's what we been doing now since 2005 was standing with hope. We work in the West African country of Ghana and you can be a part of that through supplies through supporting team members through supporting the work that were doing over there. You could designate a limb. There's all kinds of ways that you can be a part of giving the gift that keeps on walking and standing with hope.com would you take a moment ago understanding with hope.com and see how you can give they go walking and leaping and praising God. You can be a part of that@standingwithhope.com as a caregiver.

Think about all the legal documents you need power of attorney will, living wills, and so many more than Inc. about such things as disputes about medical bills. What if instead of shelling out hefty fees for a few days of legal help paid a monthly membership and got a law firm for life while we're taking legal representation and making some revisions in the form of accessible, affordable, full-service coverage.

Finally, you can live life know you have a lawyer in your back pocket who at the same time is an empty it's called legal shield and its practical, affordable and a must for the family caregiver visit caregiver legal.com that's caregiver legal.com. Isn't it about time someone started advocating for you www.dotcaregiverlegal.com, an independent associate and if you're not a caregiver. You get something that will but were here caregivers here exclusively for them.

That was my wife, Gracie, by the way, you can get that CD is a great Christmas gift want to get want to help the caregiver.com just click on the donate button whatever's on your heart to help do what we do is tax-deductible gift to minister to sponsor the show. Hope for the caregiver is a is the family caregiver outreach of standing with and you've heard Gracie story about the prosthetic limb outreach all the stuff. Whatever's on your heart to give Wilson you copy that CD and thank you very much for being a part of what we doing okay. John, do you still store your money and mayonnaise jars in the backyard. I have a delightful knockoff you can that I did. I do keep. I do keep a small emergency fund in the house but that's well, you know, one of things I'm I'm learning and I'm not there yet but I'm I'm learning and I got a good teacher. His stomach therefore and Tommy is on the phone with us today. He is from the southwestern fund investment group out of the Brentwood, Tennessee for caregivers.

Particularly, we have to come to think long term and we have to help we have to have people who can do that with this objectively and and a lot of caregivers get in their mind a myth or several myths about money and we just don't have it we just you know we oh, I don't have enough money to go talk to investment group you know having you. I'm not rich Haley summary ways I can divide for box you get for book 7 is over for the radioisotope are you with us here today.

We are well for us, so that may need to be certified professional, but we are so glad that you're here.

This is been a topic that is that is kind of just stuck with me for almost as long as I've been doing the show because we talk about the whole part of the caregiver. The physical part in the fiscal part and I just want you to talk about this today and list topless to stick around a few ideas that maybe caregivers are thinking about or family members of caregivers aren't thinking about when it comes to wealth so much to start with the first myth that you have to be wealthy to talk to an investment go. That's a myth is it that I think all that are in the business were here to help and for somebody that didn't know anything about the market or investing or how to me. Handle man's money can be very overwhelming and a little bit scary.

And now I think that what were here to do really help you and guide people and file were you trying to accomplish with the money that you're saving and let's create a plan in order to accomplish that. And sometimes you just need a little guidance, you know, some people need a lot more help than others by two not have somebody to go to help you with that. I think that comment made a mistake that people make based on this myth that they think they have to have a lot of money orders money in general. To really know what to do.

It really is good at giving example yeah Phil current time in my personal story here so I think you discussed this by essentially I was born and raised in Raleigh, North Carolina.

I had no idea of doing do this for living whatsoever become wealth advisor and felt my passion growing up with playing the drums and you know I did school the school.

The thing you did until about 230 or 3 o'clock. The bell rang when you get get him to do. It's really wanted and so growing up my parents really never taught me anything about money and the school and didn't really teach me anything about money and so when I laughed and came to Nashville, Tennessee convention. I really didn't know what to do with the little money I had it that really intrigued me because at the musician here in town. Money can be a dangerous thing because if you don't handle it properly.

You know I can. It just goes in that your hand very very quickly so that that's kinda what I thought okay I really not my thing works.

I need to learn about and that was probably 15 years ago and so for me I had a general interest in it went back to school and majored in business, finance, and then all to start learning about accounting and Was one of those weird kids that found it really interesting and so I asked the guy I finally started learning and had I felt like God, redirect my passion and so now in a situation working help other people. But I've also recognize that not anybody had the same passion I do about financial management and that's why think is really really important to go talk to somebody you know if you really don't have the interest in the passion you want to learn as much as you can and you don't have to have the money to go learn about how to handle money well you got a great team around you. You just pick a great team that's that's it. That's a the first step is is in also being willing to ask for help. You don't. People are going to inflict help on you well is called trolling to people is is that I was just trying to help is the sunny side of controlling and so people are going to do that to you and make you do it, so asking for help is the first step in and with what's another misconception people have another myth about investment the people have thing.

I think in thinking that when you start investing that you think of the article to go down and and that they fear a lot of people have a late minute I put my money into investments while what happened, stock market crashes as we hear all the time lag in the stock market crashes well when you invest your money market has never gone down state we call that I call that temporary decline and so you have to have a little bit of patience and you have to understand how the market works a little bit and if you do that and you know that the market really does reward the patient investor and so people think okay if I put my money to investment crash there formed on the right thing by just holding it in the bank and not just simply true because the market has never gone down. Stay down. The problem is, it just doesn't tell you what is going to do today or tomorrow and not the hard part of that is the kind of fear of the unknown. Nobody has a crystal ball and so people had to fear and overcome and adapt and overcome by the fear and they say well I just don't get in the way that I'll never have to fear anything to worry about and act ethically as intermediate as you really want to diversify to make sure your managing the right risk level that you're comfortable with do that responsibly. The market really does reward the patient investor will caregivers are by definition were risktakers because were doing something that's almost impossible to do which is to care for our and infirmed impaired left one for an undetermined period of time. That in itself is wrist so I think that if we can help them at all and that begets patients to be Paid yet When We It Requires Love Patients. We Already Have Those Ingrained in Us Week the Ability to Take Risk. The Ability to to Be Patient and to Learn and Adapt and so Why Can't We Apply That Same Though Those Same Character Traits to the Way We Look at Money and I Think That's What a Good Financial Investment Coach Can Do for People to Help Them Transfer Those You and I Had a Lengthy Conversation for Your Blog and Free for Your Company about That Very Thing. And You Know Just Learning to Assist Us See It from a Different Angle and a Good Investment. Coach Will Help You Do That, That You Know It Comes down to Having the Day Care.

Happy Things Are Working so That We Don't Have All the Answers Today. I Think You Have To Have Some Kind of Underlying Faith That a Future Is Unknown and That Is It Going to Be Okay and That Thinking with Financial Management Money and Banking, and in Fact, Earlier This Year When You Know October 19 Really Showed It Had Did a Webinar on That and Think I Mentioned the Webinar Are Pessimistic Didn't Their Doomed Anaphylactic. If You Are Here in a Situation Where Caregiving I Can Imagine You Being a Caregiver Being Completely Pessimistic about Your Future.

Mandy That Commuting Very, Very Difficult and I Must Weigh More on My Mind Then Tell I Said to a Connecticut Have Faith Will Sadly There A Lot and Would Try to Change That to the Show to Let People Know That You Can Live a Joyful Life Even While Doing This While You Look at Tough Things and I Think That in and If We Can Help Tigger See That You Can Also Be Prosperous for People That Made Money and Made Really Good Money during the Depression. You Know It. It Just Takes a Little Bit of Ingenuity Little Bit of Creativity and A Lot Of Sweat Equity but but You Your Your Helping You Know People like Me Immigration I Don't Have All Kinds of Money but You You Kind of Steady the Hand Here Little Bit and Said Okay Here's Morgan's Think Long Term and so Forth. And the Last Thing You Want to Get into Four-Week Run at a Time Is a Little Talk about What You Did What You Really Spinning Few Moments Talk about Family Members and Caregivers, like Grandparents, and so Forth Who Now Find Themselves with the Special Needs Grandchild and the Altitude How to Be Thinking Ahead for Some of the Needs That Those Family Members Who Have As a As a Grandparent That You Would Do Something for This Grandchild for This Family That to Do Things and so Talk Little Bit about That to Yeah I Think That the Biggest Concern I Hear That A Lot Of You Know What Happened in the Even Parent or the Grandparent May Leave This World and in All. It Started Okay How They Can Financially Make Sure That the Grandson of the Center.

Take Care Right to Me That That Time about Where You Come out the Other Way Both Ways.

All the above. That Is If If If You Got a If You Got Grandparents It Supports and Robin Need Some Work and If You Can If You Love Somebody Would Be Caregiver If You Live Long Enough, You Need but When You Throw in a Special Needs Family Member You You Know That Ahead and and so If If First.

These Grandparents out There There That Are That Are My Age and Maybe a Little Bit Older and All Of A Sudden They Find It There New Grandchild Has Special Needs and They've Got the Money That They Need to Set Aside or Something. Would like to Do That. They like to Think Way down the Road, Knowing That That Child Is Going to Need Care for a Lifetime of This down Syndrome Set a Policy Spina Bifida. Whatever. And and so There Are Ways to Do That and That's Were a Good Investment. Coach Can Come in and Say Okay Here Are Some Things to Do That or Not to Be Huge Risk but You Get Better Than Just Sticking It in the Bank or in John's Case of Coffee Jar yet. The Company Biggest Opportunity There You Have Any Trucks That Are Set up Exactly for That Peter and That the Biggest Concern. A Lot Of the Grandparent Will Have Special Needs Child or Grandchild Is Hey I Want to Make Sure That Financially Take Care Of Because Obviously Either Grandparents Most Likely Will Go First or the Parents Will He First so That the Huge Concern so You Can Set up a Special Needs Trust and What You Do Is with That Trust, You Can Bet Money That Hey We Want to Make Sure They're Not Child or Grandchild. It Is Just Okay Today but We Were in a Little Bit of Reassurance That They're Going to Be Okay Five 1015, 20, 30 Years out Were No Longer Eager and so That's Really What You're Trying to Trying to Set up a Good Special Needs Trust in Your Trying to Grow the Money in a Very Prudent Responsible Way Because You Know That It's Not Just about Today's Financial Need It about the Financial Needs That Are like I Said, Five, 10, 15, 20 Years down the Road You Need to Start off with Him and Just Thought That Was the Lowest Amount. For Example, That You've Ever Had on If You Can See This on There but Probably Kim Was the Lowest Amount That Sin Has Come to You with That Said Hey Look, I've Got This Amount of Money. This Is All I Have. But I Want to Start Doing Something with the Lowest Amount You Covered It with. You Can Start with a $50 Monthly Draw JonBenet. Baby Is near Us That Microphone a Couple Shackled That Somebody Could Be Asked before They Raise the Dollars Might Not Take My Back Going Back to the Window You Start Investing the Best You Can Do Is Start Investing after You Get Your First Check. I Mean, and Take a Whole. It Did Not Take Much A Lot Of Employers out There Have Retirement Plan through Work. You Can Do It That Way. They Make It Really Easy. Really Simple but You Don't Have To Have A Lot Of Money to Start Investing. It Really Doesn't Take a Whole Lot, but the Fact That You Can Start Doing It Will Build a Huge Habit to Really to Be Able to Help. Whatever Your Financial Goals Are, You Know That's That's What I Wanted People to Hear Today in That That I Can Tell You This from Tommy's Group Because I Know That My Work with Them and They're Not Going to Look down at You for Any Kind of Money They're Going to Be Excited to Help You Because They See the Big Picture They See an Opportunity and They Have Supreme Confidence in Their Skill Set and and What They Can Do and and and It's It Really Truly Is about Helping People Grow beyond Where They Are. The Moment Some People Feel Very Trapped As a Caregiver.

Financially, I Get It, Been There Done That Gracie's That I Can Count. So Far, Is an $11 Million Medical Nightmare That I Can Count. I Can Even Be It Just Keeps Growing and and I Vowed Not Live Paycheck to Paycheck at Live Minute to Minute and the Time Span When We Were Scavenging the Sofa Cushions Trying to Fund of Changed His to Do Stuff with Him and We Don't Constantly Love My Stepfathers but It's You Know It in and and so If You Get an Investment Counselor That in Any Way Makes You Feel like You Are Just Not Worthy of Their Time Walk out That Door Right Away Because They're People like Tommy Who Care about What They Do and They Want to Help You Get Get to a Better Place, It Was the Best Way of People Want More Information about Your Company Itself Was Best Place like Go to Was Working to Go Get More Information on Late Debbie WW Lighthouse Well Group.com Today in My Wealth Management Team Go There at the Contact Information on Mary for a Little Bit about It. We Are If You Want to Contact That Give Your Phone Number, Email Address and Everything Else Though. Again www.lighthouse.com Southwest investment group. This is really appreciate this time. This is important they were to keep doing this more because caregivers need to know you have a trusted place they can go to get questions like this and start today becoming financially healthy and financially healthy caregivers make better caregivers.

You see things you and Gracie Rosenberger 1983 I experienced a horrific car accident leading 80 surgeries in both legs and became I questioned why God allowed something so brittle to happen to me. But over time the questions changed and I discovered courage to trust God that understanding along with an appreciation for quality prosthetic limbs led me to establish standing without more than a dozen years we been working with the government of Ghana and West Africa, equipping and training local workers to build and maintain quality prosthetic limbs for their own people on a regular basis.

We purchased ship equipment and supplies and with the help of inmates in a Tennessee prison. We also recycle parts from donated lambs. All of gas is to point others to Christ.

The source of my help and strength, please visit standing without.com to learn more and participate in lifting others standing without.com. I'm Gracie.

I am staining without


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