Mike is joined by Nick Stonestreet, CEO of Ronald Blue Trust.
They discuss a “Mission Accomplished” story shared recently by a radio listener.
A caller asks a question about inflation and where that may be headed, and Nick and Mike share their opinions on that. They also discuss some ideas for how to weather financial storms.
Another caller asks a question about savings accounts, money market accounts, and CDs.
Mike and Nick then discuss what investment risk entails and how to think about your investments. No one can predict or time the market, but there is no such thing as a low risk, high return investment. A recent article covered someone who had promised a low risk, high return investment, but it was really a Ponzi scheme.
“People who have crystal balls typically end up eating glass.”