Scott Shellady is the Senior Vice President of Derivatives for the Trean Group. Scott explains to the audience what a derivative is and why it can benefit you in today's market. He also talks to Jason on his SWAGER acronym, the retirement funds of both Baby Boomers and Gen Xers, the one precenters investing in the stock market, and much more on today's episode. 

Key Takeaways:

[2:15] When you teach a tenant to be an owner, it will ease your burden of managing them. 

[4:50] What is a derivative? 

[11:05] What is the acronym SWAGER?

[14:15] What's happening in the art market right now? 

[23:20] What should Baby Boomers and Gen Xers do with their money? 

[28:20] We don't want to ignore the inflation problem. People should prepare for inflation. 

Mentioned In This Episode:

http://www.treangroup.com

Rep Ploshay is an experienced business man who uses the teachings of God as his guide. He sits down with Luke to talk about how he started to incorporate his faith into his business, tithing to the church, and supporting companies that openly participate in a biblical lifestyle. 

Key Takeaways:

2:15 – Rep knew at an early age that he wanted to have his own business. 

6:05 – Rep and his wife attended church one day and felt inspired to work on the nursing home business full time. 

7:50 – There's always going to be good and bad times, but the bad times aren't going to be as bad when you have faith in the Lord. 

12:40 – It took Rep a little while to tithe 10% to the church, but life has been so much better since he did. 

16:45 – Rep believes corporations should remain neutral, but if they're actively and openly supporting a lifestyle that is not biblical, then he will not purchase from that company. 

17:45 – Galatians 2:20 is the verse Rep reads in his time of need and he explains how this verse helps him keep going. 

19:25 – Rep talks a little bit about investments. 

Introduction

Jason Hartman welcomes author, John Horvat to today’s Solomon Success Show, where they discuss the state of our economy and the fundamental elements needed to fix it. They also talk about intrinsic human failures and their impact on the economy as well as what the Bible says about immigration issues.

Takeaways

03.10 – The economy can’t just be stimulated, regulated or legislated into order. Instead it requires the basic institutions of family, faith and community.

05.30 – We’re currently in a cruise-ship economy, but when the party stops, people are going to start looking for answers.

07.00 – Arguably, the principal reason for the current economic imbalance is due to our desire to have things immediately, coupled with our inability to see past the short-term gain.

13.00 – The Bible says that immigration can be healthy, but it takes time for a people to learn what the country is all about and in order for them to make decisions.

15.35 – With household debt at $13 trillion and government debt at $17 trillion, consumer debt is a huge problem.

17.20 – A conference in July spurred reports that our economy could now be as volatile as it was in the mortgage crisis of 2008.

19.15 – Head to www.ReturntoOrder.org to find out more, read a free chapter of the book and follow John Horvat’s blog.

20.00 – St Thomas Aquinas’s Summa Theologica and the Bible would be some classic but intrinsic resources for those interested in these issues.