3 Money Moves of Solomon With John Putnam

Timeless Wisdom

These principles are timeless and apply to all stages of life. Whether in your twenties or seventies, the wisdom of disciplined, self-denying, and determined financial stewardship remains relevant. Sharing and applying these traits can create ripple effects through eternity.

On Today’s Program, Rob Answers Listener Questions:

• I recently started pricing some options with my financial advisor but sought additional guidance. I was considering it because, at my age, in my late 50s, there may not be family available to care for me in the future, so I wanted peace of mind. Do you have any recommendations for specialists in my area of Naples, Florida, from whom I could get more advice?
• Is it possible to purchase a gift certificate equivalent to a store gift certificate for stocks? I want to give money to someone to invest in stocks, but they don't want to accept the money directly. Is there a way I could buy a "gift certificate" that they could then use to purchase stocks themselves?
• What is the best time of year to take required minimum distributions (RMDs) from my retirement account since I have to start taking them at 75? I am still working at 75 and directing the RMD money directly to my church. Do you recommend taking the RMD early in the year, in the middle of the year, or later? I am looking for guidance on the optimal timing.
• What is driving the strong bull market performance? My investment portfolio is up 35% over the past three years and I see sky-high returns. Will our grandchildren and their grandchildren ever be able to pay down the massive national deficit?

Resources Mentioned:

• Money Made Faithful
• Stockpile
• Charles Schwab
• Fidelity
• Treasury Direct
• Rich Toward God: A Study on the Parable of the Rich Fool
• Find a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)
• FaithFi App