David takes a few minutes to reflect on the year and encourages his listeners to go serve someone else.  Take the time to focus on someone else. It truly is better to give than to receive. There are endless opportunities right in your city and around the world for you to take part in serving others. Go do it!

The picture to the above is David with some kids in a small community of about 1,200 people in Nicaragua. They are standing in front of a brand new well that was drilled and installed. For more info Google Living Water International. Previous to this well, the community had no access to clean drinking water. There are over 700 million people in the world without access to clean water.

David talks about some great upcoming shows as well as some other exciting developments in the area of mortgage planning. David mentioned his blog post: Achieving the lowest Interest rate. 

1. Accumulated MoneyDavid talks about the three types of money in relation to mortgage planning.

2. Lifestyle Money

3. Transferred Money

David and JT chat about his Christmas injury and a Devan?

David references his Blog Post: Opportunity Cost and Compounding Interest

Tune In, Listen and Learn!

You can reach David anytime by calling: 501-218-8880

MERRY CHRISTMAS!

This week John Little joins David in the studio to talk about the number twelve.

Many things are associated with the number twelve. There are twelve months in a year, you can buy cookies, doughnuts and eggs by the dozen, and of course, there’s the twelve days of Christmas. There’s also that elusive 12% average rate of return that Dave Ramsey, the popular financial talk show host leads his faithful followers to believe they will easily achieve by investing in mutual funds.

David and John dive right into this important topic. It’s important to separate fact from fiction.  Dave Ramsey has benefited thousands of people who are in a constant cycle of debt. He is to be commended for helping people in this regard. However when he shifts to the subject of accumulating wealth, much of his advice is misleading at best.

We encourage you to do your own research. Just because someone teaches Dave’s course in your church or you read one of his books doesn't make it the truth.

We outlined in the Financial Peace? Podcast some of the statements that he has written can be disproved with math. Again, don’t take out word for it, do your own research.

In the real world, there are real issues that affect the mutual funds that Dave Ramsey advocates.

Take the following snapshot of the S&P 500 Index.  (To view, click on "Extras" within Your David Lukas Show App) While it I impossible to predict the future course of any investment, we can test this hypothesis through the use of historical data. We do know what the equity indexes produced in the way of historical returns. See the S&P 500 index on this page (1992-2011) we can look at that performance using some basic assumptions to determine how an individual might have seen their assets accumulate over that time period. As you can see, the index averaged 9.58%.

With that in mind, since we live in the real world, we have to take into consideration the following:

1. Average rate of return vs. real rates of return: There is a big difference between average rate of return (adding up 20 years worth of returns and dividing by 20) and a real rate of return. Real rate of return is the rate of return your investment would have received had it actually been invested over the time time period (1992-2011) Because downturns in the market are magnified over time (if you lose 20% in one year, you must earn 25% the following year  just to break even)  Over the past 20-years the REAL rate of return was 7.8%

2.Single Payment VS. Multiple payments:  In the real world, most individuals invest over time. One potentially misleading aspect of advertised returns is that they are predicated on a single investment made at the beginning of a given time period. But as we know, that's not how most people accumulate wealth. In reality most people invest over time, not in one lump sum. If we assumed 20 equal annual payments on January of each year, the real rate of return for our dollars drops from 7.8% to 5.92%. 

3. Managed Portfolio Cost: Most of the advertised projections fail to take into consideration management cost. Once again, in the real world that isn't usually the case. At some point, somebody needs to get paid to manage money. Either a mutual fund manager, fee based adviser, stock broker or some other entity will most likely be compensated. If we assume a 1% annual management fee, the rate of return now falls to 4.82%

4. Management fee alternatives: There are alternatives that could be pursed by those wanting to avoid management fees. A popular one today is an exchagne traded fund (ETF), which invest in  an index and requires no management. Had the annual payments been made to an ETF which invested in the S&P 500 index, no management fees would have been paid. But the real return would have been only 3.77%  instead of 9.58% Why? Because ETFs reflect price changes only, there are no dividends, and dividends have historically generated somewhere between 1.5% and 4.00% of the S&P 500's rate of return when reinvested back into the index.

5. Taxes! In the real world, we have to consider taxation. Ultimately, taxation reduces the amount of assets that can be used. If we assume taxes are only due at the end of the period and we use a long-term capital gain rate of 15% the return would be 4.27%  That is less than half of the advertised rate of return for the past 20-years.

The above scenario reflects the real world and in the process one put their money at risk. When someone ask you to put your money at risk, ask yourself this. Who's money is at risk? Mine or the person making the recommendation?

If you would like to contact David or John to discuss this or any topic in detail,  you can call 501-218-8880.  Tune in, listen and learn!

Neither Wall Street, nor the government wants an informed public. Your best defense is an informed mind.

“An Investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative” -Benjamin Graham, The Intelligent Investor (considered one of the best investment books of all time)

This show is dedicated to Val Wheeler who recently passed away on October 23rd, 2012. Val was 56 years old.

Val was David’s Business Partner and friend. He was a generous man who gave of his time and resources. Listen in as David talks about Val and the short time he had the honor of knowing him.

If you would like to listen to the two shows that VAL joined David in the studio, you can listen to those by clicking on the following two links: “Proven Business Systems” and “Mortgage Payoff Strategies“.

David discusses the need to be committed to self education. More than ever, it is imperative that we recognize that the past does not necessarily predict our economic future. The answer isn’t in finding that “magic” rates of return or specific financial product. The answer lies within the process of educating yourself on issues of economics, banking and money.

In light of the loss of our great friend Val Wheeler, David talks about The Human Economic Life Concept which is given little thought by the average person. This is a concept that Val understood very well.

Few people understand the greatness of life insurance as a multifaceted financial tool. It’s not just a death benefit, but also a wonderful financial tool that has actively been put to work for over 150 years by the country’s corporations and wealthy individuals. In particular, The Nations Banks understand the value of Permanent high value Life Insurance. Click HERE for to read for yourself.  Also for more info on this topic listen to The Pirates of Manhattan Podcast

Unfortunately, 95% of financial professionals do not know how to properly structure a whole life policy. The majority of people do not reject the human life value concept or the wonderful economics of permanent life insurance once they understand it. The problem comes down to cost. It’s imperative that you work with a high end life insurance or other financial planner for viable strategies which enable them to structure the correct cash flow strategies. Most often, it’s simply a matter of re-positioning cash flow to maximize the efficiency of money.

When setup properly, you can achieve the following:

1: Tax Deferred Growth,
2: Tax Free Distribution,3: Competitive Return,
4: High Contributions limits,
5: Collateral Opportunities,
6. Earn guaranteed compounding interest with NO market risk.
7: Guaranteed Loan Option,
8: Unstructured Loan Payments
9: Liquidity, Use and Control of your money today, while your money never stops compounding.
10. Additional benefits.

Lastly, when High Cash Value Life insurance is properly applied to your economic situation, lost opportunity cost in drastically minimized. What is lost opportunity cost? READ HERE

If you would like to work with a high-end life insurance agent or financial planner who can educate you further and put these concepts to work for you, please contact Infinite Financial Services at 501-821-8880 or visit them online at: www.InfiniteFinancialServices.com

In honor of Val Wheeler. Val was a pioneer in the industry. He passionately helped so many people in so many ways. Val understood the concept of human economic value and was passionate about helping people acheive the financial goals they never thought possible. You will missed.

This week, David is joined by Barry Dyke author of  The Pirates of Manhattan.

From the back of the book: Get behind the scenes of modern finance and discover the people and financial institutions which control your financial life. Learn why finance is rigged in favor of insiders in banking, Wall Street and mutual fund companies.

David and Barry discuss the following topics and more:

The Federal Reserve and it's impact on the average American.

The repeal of The Glass-Stegall Act and the passage of The Gramm-Leach-Biley Act of 1999.

Why big banks want all regulations to be consolidated at the federal level.

Wall street and it's appetite for speculation (The Casino Age)

How big banks circumvent state usury laws that allow them to charge twenty plus percent on credit cards loans. These provide billions in profits to the big banks.

Kickbacks, bribery, embezzlement, collusive bidding practices and other dishonest practices take place in International banking which has NO regulations. (The IMF and The World Bank)

How international banks which are often owned by Big U.S. Banks, call on the Federal Reserve, The International Monetary Fund, The World Bank and the United States Treasury to bail them out. Once again, the American tax-payer gets hosed!

The breathtaking amount of violations, fraud, and deceit that have taken place in the mutual fund industry. (Pages 108-115)

Hedge funds and the passage of the Dodd-Frank.

FINRA, the Self-Regulatory entity that oversees the securities industry. Is this the fox guarding the hen house?

Bank Owned Life insurance (BOLI's) The vast majority of the population are unaware that big banks own billions of dollars in high cash value permanent life insurance, yet many of them advise the exact opposite. Many banks have up to 25% of their tier one capital assets in Bank Owed Life Insurance.

Some interesting facts about the life insurance industry:

~Around 1900, approximately 50 percent of American's discretionary savings were deposited with life insurance companies.

~The life insurance industry has trillions on dollars invested in the U.S. Economy. In fact, insurance companies are the largest source of bond financing in the United States.

~ During the great depression, policy holder deposits held with life insurance companies were found to be more than 99.6% safe.  This can't be said of the banks in the U.S during the same time period.

~After the market crash in 1929 it was Insurance Companies that provided liquidity to the banks.

~The life insurance industry has not strained the federal government for tax payer subsidized deposit insurance or numerous bailouts.

To learn more, visit www.ThePiratesofManhattan.com 

 Unfortunately, the majority of life insurance contracts are not properly structured. However, with the assistance from a skilled professional you can achieve the following:

1. Tax-Free Accumulation on your money.

2. Tax-Free Distribution

3. Earn guaranteed  compounding interest with no market risk.

4.  Liquidity use and control of your money, while your money continues to compound uninterrupted.

5. Tax-Free death benefit no matter when you die.

6. The ability to finance every major purchase with your policy.

To learn more contact our sponsor Infinite Financial Services at: 501-218-8880 or online at:  InfiniteFinancialServices.com 

This week, David is joined by Kelley McNulty who is a Business Litigation and Corporate lawyer with Gill Ragon Ownen.

David and Kelley discuss the importance of  collecting accounts receivables within a business.

When your business is struggling to collect on the services or goods you have already provided, it can cause serious cash flow problems.

What can a business owner do to be more effective in the collection of past due receivables?

What can a business owner do to be more proactive to ensure a higher collection success rate of any revenues that are past due?

The importance of having an properly structured operating agreement.

The importance of choosing the right corporation entity.

Did you know that you can recapture the cost of running your business by taking advantage of  the existing cash flows your business is already collecting? You can achieve this and maintain complete liquidity, use and control of your money, while at the same time earning guaranteed, uninterrupted, compounding interest on the money your business is already taking in.  By being more efficient with existing cash flows, your business can have guaranteed access to loans for business expansion. To learn more about this concept, please click on "Extras" on your Iphone or Android within your David Lukas Show App. 

 Kelly would love to hear from you.  You call him at: 501-376-3800, or you can email him at: mcnulty@gill-law.com or to learn more, visit Gill, Ragon, Ownen online at: www.Gill-Law.com 

Tune in, listen and learn!

Untill Next Week....

~DL

We are all familiar with  the saying about the two things in life that are a certainty.  Death and Taxes.  While we have little to no control over the former, we can and should be proactive about the latter (taxes). 

How many pages does it take to fully document the U.S. tax code as it stands in 2012? If you answered 73,608, you're right. Note that we didn't say "you win"!... In light of this fact, more than ever, it's imperative for the individual and business owner to be proactive about this all important topic.

This week David is joined by Deron Hamilton who is the owner of My CPA, LLC in Little Rock, AR.

David and Deron discuss many of the upcoming changes that are taking place in regards to taxation. One thing is for sure, itemized deductions are in the cross hairs of the IRS.

Some of the topics discussed include:

Major changes in the tax code that will affect individual tax payers.

The importance of planning, by selecting the right business entity.

The importance of proper documentation.

Strategies to reduce your tax liability.

The bottom line is that there is a big difference between tax avoidance and tax evasion. It is not the IRS's responsibility to educate you on all of the provisions in the tax code that allow you to avoid paying one dollar more in taxes that you are required to pay.

The two largest wealth transfers are your mortgage and taxes. A dollar in taxes paid unnecessarily not only cost you what you lost, but also what what that dollar could have earned had you not given it away. To learn more, read and listen to the past show: Who's Future Are You Financing?

There are many options to drastically reduce one's tax-liability. Including strategies that will help you:

Be more efficient with your dollars by implementing a tax-free retirement income source. There are many tax-free asset accumulation strategies that are outside of most people's box of knowledge. If you would like to learn more, contact our sponsor Infinite Financial Services at: 501-218-8880 or online at: InfiniteFinancialServices.com 

Deron Hamilton with My CPA, LLC can be reached at: 501-661-1820

Remember, you can always listen on the go by downloading The Free David Lukas Show Android or Iphone App. An easy way to do so is to Text "DLSHOW" to 90210 from your smart phone. When you do, we will immediately send you a link to download  either the Iphone or the Android version.

Tune in, Listen and Learn!

This week David invited Employment Law Attorney Brian Vandiver onto the show. Brian exclusively represents employers in all areas of labor and employment law.

If you are an employer, this is a must hear show. The laws that apply to employers are constantly changing. The regulations that apply to small and large businesses are

David talks about the New and Improved David Lukas Show website which can be found at: DlShowOnline.com and other changes that are happening on the show. 

Other thoughts from David on various topics including Mortgage Planning.

Tune in, listen, and learn........

Remember, you can listen anytime on the go by downloading The David Lukas Show Android or Iphone App. An easy way to do so is to text "DlShow" to 90210 and we will send you a link to download right from your iphone or Android. 

This week, Val Wheeler joins David in the studio to talk about some of the keys services that David provides in his "Day Job". Val Wheeler along with David are both Senior Partners at Infinite Financial Services.

David and Val discuss the efficiency of money in the world of business.

Does your business have a plan to spend the same dollar over and over and over?

Does your business have guaranteed access to money to expand your business?

Do you have a plan to recapture the cost of running your business with NO additional capital outlay?

You can create a tax-free retirement source not spending one dollar more than you are today.

These are the exact same strategies that many large and well known corporations have successfully used for decades.

David and Val also discuss proper mortgage planning  that will have a profound impact on your personal financial future.

Prudent mortgage planning will allow you to accomplish: Spend the same dollar 4 times over your life time.Payoff your home early and recapture all the interest you are now needlessly paying.

Your Mortgage is one of the most powerful financial tools at your disposal. How you decide to pay for it can create unnecessary wealth transfers.

Americans devote the largest portion of  their incomes to housing. Consequently, how you manage your home equity will have far-reaching  implication on virtually every facet of your financial life, including your ability to save, pay for college, and plan for your retirement.

To learn more about the concepts David and Val discussed on this show, go to: InfiniteFinancialServices.com

Interact and let David know what you think on Facebook. Go to: Facebook.com/DLShow 

~DL

Some People Dream Of Success While Others Wake Up And Work Hard At It ~Winston Churchill



This week Hans Oliver Joins David in the Studio to chat about entrepreneurship and running a business. Hans owns and operates a sucessful coffee business which can found online at: G3Coffee.com

You must be willing to think outside the box in this economy. In business, it is imperative to be willing to change. Be frugal and be commited to continual self-education. Hans and David chat about what they have learned being self-employed business owners.

Tune in to hear this candid discussion between two small business owners. You just may learn something. At the very least you will be entertained.

Hans recently read: The Reinventors: How Extraordinary Companies Pursue Radical Continuous Change
You may want to pick up a copy yourself. (To view on Amazon.com click on "Extras" in your David Lukas Show App)

Remember, you can listen to this show and all shows on the go by downloading the latest version of The David Lukas Show Iphone or Android App.

Long Live Small Business and Coffee!

~DL

It is no secret that our federal debt is growing at a break neck speed. Our federal government is borrowing over $40,000 per second more than they take in tax revenues. A few months back, I had the opportunity to interview (Listen to Interview Here) William Beach from The Heritage Foundation’s Center for Data Analysis. Specifically, William and I discussed the recently released Index of Dependence on Gov.

You can read the Report for yourself HERE

A few facts below that I found very disturbing.

The percentage of people who do not pay federal income taxes, and who are not claimed as dependents by someone who does pay them, jumped from 14.8 percent in 1984 to 49.5 percent in 2009. This means that in 1984, 34.8 million tax filers paid no taxes; in 2009, 151.7 million paid nothing. (Yes you read that right!)   This poses the question, how long can our form of representative government survive in light of these facts? I am a numbers person. To me it is simple mathematics. Something has to give. I have come to the conclusion that one thing is a certainty: Our taxes will go up in the future.  These are serious issues that must be addressed in relation to where one decides to accumulate money.

In 3000 days, about two-thirds of the now-working population will be 60 years old or older. This is a certainty! Unfortunately, this leaves one-third of the now-working population to pay for all the government social programs for a majority of retired citizens. To compound the problem, the costs of social programs such as Medicare, Medicaid, and Social Security increase every year. This leaves little doubt that increased taxation will be needed to maintain these programs.

It is estimated that by 2040, the elderly population will represent 20.7% of the total population. The largest segment of the population that grew the fastest was people between the ages of 90 and 94. My own grandmother is almost turning 97 and still lives at home by herself! This age group has increased 44.6% since 1990. To give you some perspective, in 1900, the average life expectancy was 47.3 years.Along with shifting age demographics, the government itself plays a role in diminishing our future wealth. Over the last 30 years, the only thing the government has done consistently is overspend the amount of money that is taken in. Recently they raised the amount of money you can put into the government qualified retirement plans. Why? Was this change initiated because they were concerned about your financial future or theirs? A 401K or IRA simply defers taxation to a later date.   At first, it may appear that you save on taxes but you most likely won’t.

If all things are equal meaning your rate of return and the rate at which you are taxed are the same today, and when you retired, THERE IS NO DIFFERENCE between pre-tax and after tax contributions. You will end up with the EXACT same amount of money. This is a mathematical certainty.

The government doesn’t want you to worry about the pain of paying unnecessarily taxes. Today, you need more knowledge so you are capable of making better financial decisions. The more you know the less pain you will suffer financially. The solutions to a rewarding financial future are not found in just the stock market. But that’s what most people believe. Why?  Because that’s all they know. It is difficult to get the right solution when you start out with the wrong premise. The government sees you as a taxpayer. If you don’t utilize the lessons of efficiency, the government will be first and foremost in your financial life.

Taxes are the largest transfer of your wealth. If you learn to be more efficient you will learn to drastically reduce this transfer resulting in you keeping more of your hard earned money. Who’s future are you financing, yours or the governments?

The fact is, Americans devote the largest portion of their incomes to housing. Consequently, how you handle the financing of your home will have far-reaching implications on virtually every area of your financial life, including your ability to save, pay for college, and plan for your retirement.

The mortgage planning process isn’t about wasting your valuable time trying to save $20 per moth. Mortgage Planning is about integrating your mortgage into your overall long and short term financial goals. Your mortgage is one of the most powerful financial tools that you have at your disposal. The way you manage your equity, the way you manage your mortgage is crucial.

Unfortunately, the vast majority of those financing their home miss the big picture. Most people focus on a small part of the mortgage equation, the interest rate. The interest rate is only one part of the mortgage equation. The fact is that the interest rate you are paying isn’t the real problem, the real problem is the VOLUME of interest that you are paying.

Has it hit you yet? Do you see why focusing on saving $15.00 a month is missing the big picture? Remember, a great rate on the wrong mortgage strategy can literally be a $400,000 mistake! If you really grasp this, It will change your line of thinking next time you take out a mortgage.

Too many people focus solely on managing their assets. Few, understand the power of managing their largest debt, their mortgage. Managing your assets without managing your liabilities is like heating and cooling your home with the windows wide open!

Tune in to hear David talk about the all important topic of mortgage planning.

This week is a continuation of a detailed analysis of the history of The Federal Reserve.

David continues to play excerpts from a speech by G. Edward Griffin, author of The Creature From Jekyll Island. 

Find out how unlimited taxation was imposed on the American people through the hidden tax we call inflation.

Learn how they decided to name the Central Bank: The Federal Reserve System.

What were the tactics and strategies used to by politicians and just how did they sell this to the American People? At that time in history, there was enormous public opposition to a central banking system in America. In light of all this, how did they get the bill passed and ultimately signed into law?

Is The Federal Reserve a federal agency? Not really. Are they are private bank? Not Really. Tune in to learn the truth.

An even more important question is, what do they do?

Large banks wanted the passage of The Federal Reserve Act as they saw smaller banks as a threat to their profits.

As always, you can interact with David by sending a text to "DLShow" to 90210

Listen in this week as David continues to cover a very important topic: The history of The Federal Reserve.

Learn about the very cozy relationship between our Federal Government and The Federal Reserve. For most Americans they have little idea how money is created in the U.S.

Do you think you understand banking? Who creates our money? It isn't our Federal Government. The Fed loans trillions of dollars to our Federal Government. The Fed creates these dollars out of nothing.

David continues playing excerpts from a speech by G. Edward Griffin, author of The Creature From Jekyll Island.

What is fractional reserve banking?

It is imperative that you understand how our money is created and it's direct impact on you today. The biggest impact on hard working Americans is the hidden tax of..... Inflation.

Learn about the history of Central Banking.

Tune in to learn the answers to these questions and more.

This week, David continues to expound on the important topic of Money. Specicially, the history of money. We have lost over 95% of the value of our Dollar since the inception of The Federal Reserve Act. This isn't a new problem. The debasing of our currency is as old as history iteself. David delves into the correlation between our modern monatry system and The history of The Roman Empire.

David plays an excerpt from a speech by Edward Griffin, author of The Creature from Jekyll Island. Tune in to hear the first half of this insightful speech. You will learn answeres to the following questions and more: How did The Federal Reserve start? Who was involved? How did it become law? What was the REAL intent of The Federal Reserve stystem?

Listen in and come to your own conclusion about the men who were involved in The Federal Reserve's inception.

If we don't understand history, we are doomed to repeat it.

Tune in, listen and learn......

Remember to interact with David by texting "dlshow" along with your comment to 90210

David continues talking about this history of money, banking and the Federal Reserve.

For those of us who still believe in capitalism and want no part of socialism, we need to demand reliable answers and understand what is really transpiring in today's economy.

The struggle for the control of money is as old as man kind. Since the inception of the Federal Reserve, the dollar has lost over 95% of it's value. Why? Tune in to find out.

Before you consider where to put your money, you must first understand the history of money, it's roots, and our current system here in the United States.

Prudent decisions with your money include understanding the history of money. To begin talking about money, savings, interest, credit, investments and banking without first having a complete grasp of our current system will lead to nothing but confusion.

David talks about the 16th amendment and the Federal Reserve Act. The 1913 Tax and Banking laws are systematically stripping away the value of our dollar.

Find out why understanding these topics is imperative to our country and it's future. The future of our republic is at stake. Educate yourself, and then educate others.

Tune in, Listen and Learn.

Have you ever really thought about Money? Have you ever really stopped to think about the physical dollars that you spend?

What about the ”electronic” money that your Banker loaned you? What is it? How did we get to where we are today? What are the roots of the modern banking system?

Tune in as David begins to shine the light on the banking system and specifically the Federal Resreve.

Just Who is the Federal Reserve?

How do the operate?

What is Open Market Operations?

And Much More.....

David will take the next several weeks answering these questions. You must understand who controlls our money supply, the banking system and how it affects our every day lives.

Tune in, listen and learn!

**Please note to view the Personal Economic Model discussed in this broadcast, you will need to click on the "Extras" within your David Lukas Show App.

Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children's childrenwhat it was once like in the United States where men were free ~ Ronald Reagan

We thank our Veterans for the sacrifice for this great country of ours.

David continues talking about the three types of money. Recapturing money you are currently losing unknowingly and unnecessarily is a good alternative to consider before taking more risk. Focusing on increasing your wealth through making higher returns is the equivalent of trying to fill a bucket with holes by pouring more in.

Most people are conceptual learners. The Personal Economic Model is a great way to conceptualize how money moves within your financial life. Listen in and view the PEM (PDF file) On your Iphone or Android App, simply click on "Extras" to view.

This is a must hear interview with Todd Ballenger, author of Borrow Smart, Retire Rich, A 7-Step process to managing the wealth in your home.

About Todd
 Todd began a financial planning practice in Chapel Hill, NC. over the past years Todd has held his Securities, Life & Health, Real Estate and Mortgage Licence.

His interest in real estate and mortgage lending led to the development of a mortgage company focused on managing both sides of the balance sheet. Focusing first on cash and liability management, the savings and increased cash flow were then applied toward the future wealth of his clients. That initial vision was rolled into a public offering in 1999. NASDAQ: MDCM (mortgage.com).

Since 2000, Todd primarily consults with financial institutions to develop integrated cash and liability management strategies for their lenders and advisors.

Todd has worked with Charles Schwab, Ameriprise, American Express, Merrill Lynch, MetLife, Wachovia, PHH Mortgage, Everbank, Old Mutual, Jackson National, LPL, and many other financial institutions and associations dedicated to developing strategy, content, training, and tools to support their financial advisors in the management of cash, liabilities and assets.

Page one (1) of Borrow Smart, Retire Rich:
"Owning a house can be one of your best tools for creating wealth. A house is a place to live and work, but it can also be an instrument for tax deductions, asset, diversification, leverage, wealth accumulation, wealth transfers and charitable giving."

Do you look at managing your mortgage as the same as managing the dollars you already have saved? David and Todd dicuss the fact that your mortgage is one of the most powerful financial tools that you have at your disposal. The way you manage your mortgage, can have far reaching implications on virtually every facet of your financial life, including your ability to save, pay for college and plan for your retirement.

On Page 26 of Borrow Smart Retire Rich:
"For many Americans, more money will likely flow through their house than will ever flow through their other investments. Properly managed, your investment in the house could account for thousands and even millions of dollars in new wealth over your lifetime."

Tune in to hear David and Todd talk about:



What is EPR?

Safety, Liquidity and Return

The life events that often increase the need for access to the wealth in your house are typically the same events that block such access.

External threats over which you have little or no control can affect your credit in a way that immediately blocks future access to wealth in your house.

And much more!

You can buy Todd's book on Amazon by clicking HERE.

To learn more please visit: BorrowSmartRetireRich.com also be sure to visit: WhatIsEnough.org

Tune In, Listen and Learn!

David continues to talk about the three types of money and major wealth transfers.

Most in the financial industry focus on accumulated money. Specifically, to increase one's accumulated money, the focus is usually on finding better investments that pay a higher rate of return, often requiring increasing the level of risk in the process.  Ask yourself this question: When someone advises you how to increase your investments, who's money is at risk? Yours or theirs? 

Often times, the advice one receives is to cut back on their standard of living and give up the luxuries they currently enjoy. By far the most common strategy to increase one's assets is to go on a financial diet and cut back on spending one's lifestyle money. For many people the thought of giving up today to build for tomorrow is the only strategy they believe is available.  This thought is so stressful that it can keep even those who want to save from taking any action at all. This often brings us back to the position of trying to find better investments to make our money grow. 

There are many ways to increase your wealth. One way is to be more efficient with the money you already have. 



Are you focusing on the wrong money? The answer lies in your TRANSFERRED money. Money that is already passing through your hands, but that is being lost through wealth transfers. The two biggest wealth transfers are your mortgage, specifically the way you go about managing your equity. The 2nd major wealth transfer for most people is their taxes. Most people are not aware of the strategies available to drastically reduce the amount taxes they end up paying over a life time.  

Listen in as you will learn about strategies that allow you to recapture hundreds of thousands of dollars of transferred money. 

What strategy do you have to minimize your wealth transfers? Transfers that most likely you aren't even aware of.

If you would like to find out how these strategies can help you. Call David at: 501-952-3090

David continues talking about the three types of money. Specifically, this week he focuses on two types of transferred money: Mortgages and Taxes.

You will want to consider attending the upcoming mortgage payoff strategy event where you can learn how to avoid paying all the interest you are paying on your home unnecessarily. Learn how to pay off your home in under ten years and recapture every dollar in interest you are paying unnecessarily. In addition, you can put every dollar you paid for your home back in your pocket. To learn more checkout our upcoming events page.

David continues to discuss the three types of money.

Your mortgage, or more specifically how you manage your mortgage can contribute to a major wealth transfer. If you aren’t implementing a prudent mortgage planning strategy, by default, you are transferring a large amount of your wealth to someone else.

Another major wealth transfer is taxes.

If you are not satisfied with your current financial outlook, then tune in, listen and learn.

Remember, you can always text “DLShow” along with your comment to 90120

If you don’t have time to listen from your computer, then be sure to download The David Lukas Show Android or Iphone app today and listen on the go.

Financially, we assume things to be true that are not, simply because others told us they were true. David talks about really BAD advice that he recently heard on a nationally syndicated radio show who featured a "financial expert".

"It's not the rate of return or where your money is that matters, but rather how your money works"

David talks about the three types of money.

1. Lifestyle Money: Lifestyle Money represents what you have to spend to maintain your standard of living: your home, the car you drive, etc.

2. Accumulated Money: Accumulated Money represents what your current savings and investment dollars. This is where most people focus their time managing their money.

3. Transferred Money: People's failure to accumulate wealth is directly related to this type of money. Too many people are focused on higher rates of return on their investments, when the real problem is people are transferring their money away unknowingly and unnecessarily. What relief do you have to recapture some of these transfers? Listen in as David discusses this very important topic.

David talks about the major wealth transfers. Taxes Qualified Retirement Plans Financial Planning Disability Credit Cards Tax Refunds How You Pay Your Mortgage Purchasing Cars Investments

With the right strategy, many of these transfers can be eliminated or greatly reduced. The key to lasting financial security isn't about finding an investment that offers you a higher rate of return but rather the secret lies in eliminating wealth transfers.

Tune in to this must hear show!

This week, David invited Wayne Brownfield from Good Guys Security. They are a brand new supporter of the show. Is your alarm company ripping you off? If you are paying more than $10.99 per month for alarm monitoring service they are! On top of that, Good Guys Security doesn't lock you into any contracts.

Good Guys Security can re-program your existing system, or do a brand new installation. They offer state of the art alarm systems including alarms that monitor your copper pipes in you home to prevent theft of your copper pipes.

Listen in as David and Wayne talk about the ins and outs of home security.

Call Wayne today to get your home alarm monitored for only $10.99 per month. If you tell them you heard about it on The David Lukas Show, you will get your first two months free!

Call Good Guys Security today at: 501-517-2365 or visit www.GoodGuysSecurity.com

Tune in this week to hear David chat with Bryan Bloom, Author of Confessions Of A CPA. 

Some of the topics David and Bryan discuss include: 

1. Miracle of Compound Interest

2. Rate of Return

3. Qualified Plans

4. Your Home is Your Greatest Asset

Tune in to learn what you thought to be true about these topics, may just not be......

David invited his good friend Val Wheeler from Southern Financial Group. Val is a veteran in the financial industry with over 33 years experience.

Possibly you have heard David talking about this on his Radio Show. David and Val talk mortgage payoff strategies. Most people assume paying all of that mortgage interest is a necessary evil of having a mortgage. Well, there are many people right now who are utilizing a mortgage pay-off strategy which has literally enabled them to pay off their mortgage early and recapture the original purchase price of their home and ALL the interest they are paying on their mortgage.

******NOTE This Show Includes Bonus Content***** To listen to the bonus segment, simply click on "Extras" from your IPhone or Android App. Tune in as David continues "off air" what he began "on air" on  KARN 102.9FM.  Before listening to the bonus content, be sure to listen to the entire show. After that, pick up with the bonus segment. (The Magic of Technology:-)

During this show David talks about: Big Ticket Items: Over a lifetime, how one makes their major capital purchase can end up transferring money, unknowingly and unnecessarily. The way you make your major purchases in life can have a tremendous impact on your ability to accumulate wealth over time. 

Most people focus on managing their assets, but very few, realize that managing their debts is equally important. 

Listen in as David shares "Out of The Box" ideas that most likely you have never given thought to.

David talks about:
The three ways to handle major capital purchases. The way you go about financing things in life can have a dramatic effect on one's ability to accumulate wealth. 

Remember, text "DLShow" to 90210 today. You could win free coffee from G3Coffee.com

This is the first official " David Lukas Show" (Thanks J.T. for the intro)  In light of this, David spends most of the show talking about a book that shaped much of the way he views life. Specifically when it comes to that one emotion that all humans have to deal with: FEAR. The book is called Feel The Fear And Do It Anyway. 

What is holding you back from accomplishing your goals? Are you fearful of making decisions...... Fearful of asking your boss for a raise.....facing the future?  Not happy with your current situation?  Is there something you want to do but fear keeps holding you back? For many people it's quitting their job and starting a business or possibly it's giving up that salaried position for a 100% commission based income. Is fear keeping you from experiencing life the way you want to experience it?

Listen in as David covers the five truths about fear:

Truth #1 The Fear will never go away as long as you continue to grow and make progress. 

Truth #2 The only way to get rid of your fear of doing something is to go out and do it!

Truth #3 The only way to feel better about yourself is to go out and do it!

Truth #4 Not only are you going to experience fear whenever you are in unfamiliar territory, but so is everyone else! 

Truth #5 Pushing through fear is less frightening than living with the underlying fear that comes from a feeling of helplessness! 

Tune in to hear David talk about these five truths.

David talks about the show's evolution. Most of the show this PodCast is dedicated to David talking about his business background, his passions and what brought him to where he is today.

Remember, to interact with David, Text "DLShow" to 90210 along with your question or comment.

You can also email David at: David@DLShowOnline.com

(Remember, you can access all links by selecting "Extras" in your Android or Iphone App.)

This week, David interviews William Beach from The Heritage Foundation's Center for Data Analysis. Specifically, David and William discuss the recently released Index of Dependence on Gov.

You can read the Report for yourself HERE

Some points of discussion David and William talk about include:

1. The percentage of people who do not pay federal income taxes, and who are not claimed as dependents by someone who does pay them, jumped from 14.8 percent in 1984 to 49.5 percent in 2009. This means that in 1984, 34.8 million tax filers paid no taxes; in 2009, 151.7 million paid nothing. (Yes you read that right!)

2. How long can our form of representative government survive in light of these facts?

3. If those who aren't paying any taxes are the same group who are getting significant benefit checks from the federal government, it becomes a very dangerous fiscal situation. Government programs quickly morph into programs that politicians readily embrace.

4. The IMF has warned the U.S. that it will need to cut it's spending MORE than Greece or risk financial calamity. Why are our leaders not heeding the warnings of the dire situations that WILL ensue if we don't rapidly change course.

5. Will we see civil unrest ensue here in the U.S. when the cuts occur by necessity rather than in a controlled manner?

6. 70.5% of ALL government spending is dedicated to dependence creating programs.

and much more................

David briefly talks about his recent Blog Post and the ever evolving mortgage market.