Financial Revelations - Sin of Retirement™

Welcome to another episode of Financial Revelations – The Sin of Retirement™ with David Szafranski! Economic News & Market Outlook David discusses the ongoing tensions surrounding Iran and the Strait of Hormuz, where a significant share of the world's oil supply travels. He also looks at the Federal Reserve's upcoming meeting and why he believes the economy and markets remain in a relatively strong position, with steady consumer spending, a resilient job market, and manufacturing activity showing signs of recovery. Questions of the Week When should you sell an investment? David explains why it's important to consider whether an investment still meets your needs and has accomplished what you intended. Is the technology sector's run over? David doesn't think so. With continued demand and a backlog for computer chips, he believes there may still be room for growth. And what does David think about Apple's latest products? He shares his thoughts on the newest technology and why he doesn't want every part of life to revolve around tech. The Sin of Retirement™ & Nativos USA David shares an update on The Sin of Retirement™ small group study guide and personal workbook, both in development. Visit www.sinofretirement.com for updates, the book, and official merchandise. Construction is also underway on a new church in Maués, Brazil, through Nativos USA. Visit www.nativosusa.org to see the progress, learn more, and find out how you can support the mission. Have a financial question or want David and the team to review your portfolio? Email [email protected] and receive a signed book and merch! Follow David on X (formerly Twitter): @skibucks1. To support the Amazon well-drilling project, visit https://nativosusa.org. You can also visit https://www.gofundme.comand search "David Szafranski" to support ongoing mission efforts. Thank you for listening to Financial Revelations – The Sin of Retirement™ with David Szafranski!

Welcome to another episode of Financial Revelations – The Sin of Retirement™ with David Szafranski! David has exciting news about The Sin of Retirement™! A small group study guide and personal workbook are currently in development, giving individuals, churches, and small groups a way to dive deeper into the message of living a life of purpose beyond retirement. Look for both in the coming months, and visit www.sinofretirement.com for updates, the book, and official merchandise. Have a financial question? Email [email protected] and your question could be featured on the podcast—with a chance to receive a Sin of Retirement™ shirt or signed book! There's also exciting news from Nativos USA! Construction is underway on a new church in Maués, Brazil. Progress is steady, and it's exciting to watch the project come together and see how God is working through this ministry. Visit www.nativosusa.org to view photos, learn more about the project, and find out how you can help. Inflation Is Falling David highlights the latest inflation numbers, focusing on core inflation, which excludes food and energy because those categories can be more volatile from month to month. Today's economic releases included the latest PCE inflation data, an important measure closely watched by the Federal Reserve. David discusses the encouraging trend in underlying inflation and what it could mean for the economy and financial markets. Looking Ahead to the Fourth Quarter As we head into the fourth quarter, David believes the market could rally. His message to investors is simple: you don't necessarily have to be aggressive to succeed—you have to stay invested. David discusses why he remains growth-oriented and emphasizes the importance of having a plan, sticking with it, and avoiding emotional decisions when markets move. Have a financial question or would you like David and the team to review your portfolio? Email [email protected]. Follow David on X (formerly Twitter): @skibucks1. To learn more about the Amazon well-drilling project or support the mission, visit https://nativosusa.org. Thank you for listening to Financial Revelations – The Sin of Retirement™ with David Szafranski!  

Welcome to another episode of Financial Revelations – The Sin of Retirement™ with David Szafranski! David has exciting news about The Sin of Retirement™! A small group study guide and personal workbook are currently in development, making it easier for individuals, churches, and small groups to dive deeper into the message of living a life of purpose beyond retirement. Look for both to be released in the coming months, and visit www.sinofretirement.com for updates, the book, and official merchandise. There's also exciting news from Nativos USA! Construction is underway on a new church in Maués, Brazil. Progress is steady, and it's exciting to watch this project come together and see how God is working through this ministry. Visit www.nativosusa.org to view photos, learn more about the project, and find out how you can help. Inflation, Oil & the Economy Inflation numbers came out last week, and the latest report was better than expected in some respects. David looks at two important measures: headline inflation and core inflation. Core CPI, which excludes food and energy, increased 2.4% over the past molnth, down from 2.5% in July. Headline CPI held at 3.4% . Energy prices, particularly gasoline, have been an important contributor to recent inflation readings. David also takes a look at historical numbers, including the 10-year Treasury yield, gasoline prices, and how energy costs can affect the economy and inflation. Listener Question: Capital Gains This episode also features a listener question: If you buy a stock for $10 and sell it for $30, what is the capital gains tax? David explains how capital gains work, how the taxable gain is calculated, and the factors that can affect how much tax you may owe. Have a financial question or would you like David and the team to review your portfolio? Email [email protected]. Follow David on X (formerly Twitter): @skibucks1. To learn more about the Amazon well-drilling project or support the mission, visit https://nativosusa.org. You can also visit https://www.gofundme.com and search "David Szafranski" to support ongoing mission efforts. Thank you for listening to Financial Revelations – The Sin of Retirement™ with David Szafranski!

Welcome to another episode of Financial Revelations – The Sin of Retirement™ with David Szafranski! If you or your church are interested in serving on a future mission trip to the Amazon, visit www.nativosusa.org to learn more about opportunities to help provide clean water, build churches, and share the Gospel with remote communities. David is also available to speak to churches, businesses, and organizations about leadership, money management, and the relationship between faith and finances. To schedule a speaking engagement, contact [email protected]. David's book, The Sin of Retirement™, is available at www.sinofretirement.com, where you can also find official merchandise. The book is also available on Amazon and as an audiobook on Audible. The Fed Raises Rates Let's get to it: the Federal Reserve raised interest rates by 25 basis points today, bringing the federal funds target range to 3.75%–4.00%. The Fed said economic activity is expanding at a solid pace, while inflation remains elevated and uncertainty remains tied in part to geopolitical developments. David discusses why he didn't think the rate hike was necessary, arguing that much of the current inflation pressure is connected to the conflict involving Iran and higher energy prices. His view is that if the conflict ends and oil and gas prices decline, some of that inflation pressure could ease. Despite the rate increase, the market reaction has been relatively limited so far, and David takes a closer look at what the decision could mean for investors. What Exactly Is the Federal Funds Rate? So, what is the federal funds rate? It is the interest rate at which depository institutions lend balances to one another overnight. Changes in the federal funds rate can influence other short-term interest rates, financial conditions, and eventually broader economic activity. David explains why this rate matters to investors, borrowers, and the overall economy—and why understanding the Fed can help you better understand the financial markets. Have a financial question or would you like David and the team to review your portfolio? Email [email protected]. Follow David on X (formerly Twitter): @skibucks1. To learn more about the Amazon well-drilling project or support the mission, visit https://nativosusa.org. You can also visit https://www.gofundme.com and search "David Szafranski" to support ongoing mission efforts. Thank you for listening to Financial Revelations – The Sin of Retirement™ with David Szafranski!

Welcome to another episode of Financial Revelations – The Sin of Retirement™ with David Szafranski! We're having a Sin of Retirement™ merchandise giveaway! Have a financial, retirement, or money question you'd like David to answer? Email [email protected]. If your question is selected and read on the podcast, you'll receive your choice of a Sin of Retirement™ shirt, mug, or book! In the news, David discusses the Republican Party's first-ever midterm convention, taking place in Dallas. The unusual two-day event is being held September 9–10 ahead of the 2026 midterm elections. David also reacts to Apple's newly unveiled iPhone Duo, the company's first foldable iPhone. Is Apple finally ready to prove that foldable phones can be a mainstream product? David takes a closer look. The Federal Reserve's next meeting is scheduled for September 15–16. David discusses what could happen with interest rates and why he believes investors should be watching Iran, oil prices, and developments involving Russia and NATO closely. David also discusses the Trump administration's efforts to negotiate an end to the Russia-Ukraine war and asks an important question: Is it diplomacy or appeasement? David shares his perspective on what could happen next. If you or your church are interested in serving on a future mission trip to the Amazon, visit www.nativosusa.org to learn more about opportunities to help provide clean water, build churches, and share the Gospel with remote communities. David is also available to speak to churches, businesses, and organizations on topics including leadership, money management, and the relationship between faith and finances. To schedule a speaking engagement, contact [email protected]. Follow David on X (formerly Twitter): @skibucks1. To learn more about the Amazon well drilling project or support the mission, visit https://nativosusa.org. You can also visit https://www.gofundme.com and search "David Szafranski" to support ongoing mission efforts. Thank you for listening to Financial Revelations – The Sin of Retirement™ with David Szafranski!