Are You Being Fooled By Fake Financial Deals?
Have you ever been approached by someone offering financial returns so great that it must be too good to be true? Bob and Shawn discuss the patterns and tactics that these financial wolves may use to lure you and your finances into unwanted territory. Some of these tactics include the ever famous “free, luxury steak dinner” to entice you and peak your interest. However, these financial advisors can be just like “wolves in sheep’s clothing” when it comes to their manipulative tactics that they use. Many of the products they promote are rarely benefiting the consumer, and they actually benefit the advisor more than the client. When you begin to look through the minefield of promises that really sound too good to be true (because they usually are), you begin to see a pattern. Christian Financial Perspectives Episode 231 VIDEO CHAPTERS 00:00 - Introduction 05:19 - Disguises financial wolves may use/wear 05:29 - Free steak dinners 06:40 - Pay “nothing” for their services 08:06 - Fictitious values 09:52 - Promised interest rates 10:43 - Promoting unreasonable fixed returns 12:04 - Promote “stock market like” returns 14:15 - Manipulative sales tactics 15:00 - Producer incentives 15:28 - Conclusion About Christian Financial Perspectives Christian Financial Perspectives covers everything from “Investing in stocks, mutual funds and ETF’s” to “Planning for Retirement” to “Buying Investment Real Estate” to “Creating a Family Legacy” from a Biblical Worldview. The Bible has over 2000 scriptures that speak wisdom into how Christians can successfully structure their finances for a victorious life that honors God. Most people do not realize that Jesus spoke more about stewardship than Heaven and Hell combined. About Christian Financial Advisors® Christian Financial Advisors® is headquartered in Central Texas and serves clients nationwide with offices in New Braunfels and Boerne, Texas. Our focus is guiding you toward your financial goals by integrating values based advice into financial planning, retirement planning and investment management. » Facebook | / hellocfadvisors » Twitter | @HelloCFAdvisors ( / hellocfadvisors ) » Instagram | @hellocfadvisors ( / hellocfadvisors ) » Podcast Website | https://www.christianfinancialpodcast... » Podcast Version of Videos | https://open.spotify.com/show/74Rg1ho... https://itunes.apple.com/us/podcast/c... https://podcasts.google.com/feed/aHR0... https://music.amazon.com/podcasts/7cb... _* Investment advisory services offered through Christian Investment Advisors Inc dba Christian Financial Advisors, a registered investment advisor registered with the SEC. Registration as an investment advisor does not imply a certain level of skill or training. Comments from today’s show are for informational purposes only and not to be considered investment advice or recommendations to buy or sell any company that may have been mentioned or discussed. The opinions expressed are solely those of the hosts, Bob Barber and Shawn Peters, and their guests. Bob and Shawn do not provide tax advice and encourage you to seek guidance from a tax professional. While Christian Financial Advisors believes the information to be accurate and reliable, we do not claim or have responsibility for its completeness, accuracy, or reliability._
