Cash is King, as Oil Plunges and Stock Tumble
Today, financial headlines warned of plunging oil prices and tumbling stocks, as the market fell to its lowest level in nearly two years.
Financial expert and national talk show host Dan Celia of Financial Issues Stewardship Ministries (FISM, www.financialissues.org) has been watching the market activity closely and addressed the news today on his radio and television show, “Financial Issues Live.”
Celia shares stewardship principles and financial advice on “Financial Issues Live,” where he takes calls from around the country and answers questions about investing, estate planning, giving, saving and stewarding finances in wise and godly ways.
“I called it a year ago,” Celia said on today’s show. “I wrote about the liquidity crisis. I talked about how that’s going to impact bonds and derivative markets. I talked about the financial sector a year ago. A year and a half or more ago, I told people to get out of bond mutual funds now while they are still up. … Last year, I said in January, cash is going to be king. Cash was king. So far this year—the year is very, very early—cash is in the place to be.”
“Financial Issues” has grown on both the radio and television sides and now airs on more than 350 radio stations across the country, as well as on the National Religious Broadcasters (NRB) television network and BizTV, reaching millions of households.
Celia also often educates listeners and viewers about his stock “sell” list, encouraging those who strive to be biblically responsible with their investing to sell certain stocks based on the company’s involvement in moral or biblical issues, such as having stake in Planned Parenthood funding, pornography or other non-biblical areas that should be concerning to Christians.
For more on Financial Issues Stewardship Ministries, visit its web site at www.financialissues.org, its Facebook page, the YouTube channel, Financial Issues with Dan Celia or its Twitter feed, @financialissues.
To book Dan Celia of Financial Issues Stewardship Ministries for an interview, contact Deborah Hamilton at 215-815-7716 or 610-584-1096, ext. 102, or Jen Wozniak, 610-584-1096, ext. 100, Media@HamiltonStrategies.com.
Dan Celia is president and CEO of Financial Issues Stewardship Ministries, which shares the Gospel through motivating God’s people to be responsible stewards of God’s money, ultimately helping people make good financial decisions that will increase their ability to give and grow the kingdom of God. FISM believes that only revival will transform America back to its Christian heritage and biblical values. Celia and his wife, Yvonne, have two married daughters and six grandchildren.