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Faith-Based Millionaires in the Making

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Faith-Based Millionaires in the Making

This is the premier group for faith-based entrepreneurs, business owners, investors, and everyone who realizes their faith impacts their finances.

Website: http://www.jayperoni.com
Members: 1133
Latest Activity: Sep 18

The NUMBER ONE Group on 48Days.NET

We work to make an income. How we work and what we do with the money is...everything.

Join in our conversation right here.

Here is a FREE COPY of The Faith-Based Millionaire (foreword by Dan Miller) - your gift for joining this great group!

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Blog Posts:
http://www.48days.net/profiles/blogs/5-aspects-of-a-great-company

http://www.48days.net/profiles/blogs/are-you-about-to-retire

http://48days.net/profiles/blogs/are-you-playing-it-too-safe-with-your-investments

http://www.48days.net/profiles/blogs/do-you-have-an-old-401k-1

http://www.48days.net/profiles/blogs/how-to-find-more-income-opportunities

Discussion Forum

Wins, Learning, and such...

Started by Jeff Garrett Mar 30. 0 Replies

Building multiple income streams

Started by Jay Peroni. Last reply by Valarie Rocha Sep 16, 2013. 15 Replies

Sharing Projects With Others In Drop Box

Started by Frances Butler. Last reply by Roy Pickens May 17, 2013. 4 Replies

website feedback

Started by elaine bright. Last reply by elaine bright Jan 31, 2013. 4 Replies

Creating Residual Income can help move you to your goal

Started by Leta Muncie. Last reply by Leta Muncie Jan 14, 2013. 15 Replies

Comment Wall

Comment

You need to be a member of Faith-Based Millionaires in the Making to add comments!

Comment by Eve DeLoney on August 25, 2014 at 7:01pm

Hello Members, and thank you for accepting my request to join this Group. I'm honored to be connected with you here in the Group. I look forward to networking, sharing, learning and making new friends here within the group. Feel free to connect with me on FB. 

Comment by Tyler Inloes on May 22, 2014 at 9:51am

Hello everyone ,

My name is Tyler Inloes. I am a Christian and a personal trainer. I have combined both my passions into Five17Fitness.com.

I just want to extend a hand to everyone in Faith Based Millionaires in the Making. I would love to help any of you that need help reaching their fitness goals whatever they might be. I would also love to help any of the other fitness professionals in this group grow their platform. 48Days to me is about the community and the help we can give each other. Please email me and let me know how we can continue to make 48Days the best community there is.

Tyler Inloes

Five17Fitness.com

Comment by Jeff Garrett on March 29, 2014 at 7:42pm

Hey All,

I wanted to get a discussion going on how everyone is winning, regarding market returns last year, and maybe even share about a lesson learned.

I currently utilize several of Jay's options: Dueling Duo, Tomorrow's Treasures and Swing Trade services.  I ended up close to Jay's quoted returns on a couple of the groups and then I missed the mark on others.  Mostly due to timing or schedule and missing a few timely trades or having too small of a stop loss in place.

I was able to get 30% to 33%(I have two accounts that follow the Dueling Duo hence the two numbers stated) in the Dueling Duo which is really close to Jay's quote of 32.7% in 2013.  My Tomorrow's Treasure was much lower, but still a respectable 26.8%.  Much lower than Jay's quoted 40.4%, but still really good.  Then my worst one was the Swing Trade which returned about 3%.  I have had some really good wins in the Swing Trade service, but I am currently in school and don't always have access to a secure place to log in for trading.  Which means I have missed a few of the sales and some of the buys too.  I have decided it may not be the service for my current situation.  Although if you are able to do trades with a decent turn around time then I still think it is a great service.

My biggest win last year was buying Tesla (TSLA) when it was $33.  It is now bouncing around $200.  I sold a little bit of it when it hit $84 to recoup some return and then hung on to the rest.  I'm actually thinking I may buy more for a longer term hold if it comes back down a bit.  This is one of those stocks that I bought because I was trying to follow Jay's advice about buying something you understand and are passionate about.  Great advice and great win!

I'll leave with a lesson learned.  When I first started the Wall St. Renegade service I didn't understand stop losses so I wasn't using them.  I had just bought a biotech stock that was releasing studies on a drug in the next couple of days. I went to bed with close to 100% of my investment in that biotech stock. Since I didn't have a stop in place, I woke up having lost about 90% of my investment.  I can laugh about it now, but it stung at the time.  It's all about learning and having fun.  I just thought about all the money I've spent on school and thought it was just another lesson learned.

How's everyone else doing?  Any good wins?  Any interesting stories on lessons learned?

Take Care,
Jeff


Group Leader
Comment by Jay Peroni on March 24, 2014 at 2:13pm

Our Values & Choices Reflect Who We Are

"Whoever is not with me is against me, and whoever does not gather with me scatters." - Matthew 12:20

like

The other day someone I hardly knew called me to the carpet on Facebook.  They were questioning something I "liked" and how could I justify that as a Christian.  Now this wasn't a matter of life or death or even something financially or even business related for that matter, but it definitely was about character and choices. It made me really think about whether this page I "liked" really reflected my values...



After some deliberation, I came to the conclusion that I had made a mistake of judgment and clearly was in the wrong. Sometimes the truth hurts and it takes an outsider's observations to see how far we are from where we started. Sometimes even when we have the purest of motives in a situation, we can cross a line to accomplish goals and justify the means. And to top it all off, we often expect God to bless the results.

In your life, you may have started something with the purest of intentions but somewhere along the way you too crossed a line in the sand. Instead of stopping and turning back, you kept on going. How did that work out?

Now when it comes to investing many of us make the same mistake. We long to multiply all that God has provided yet we compromise our biblical values when we invest. We invest in companies that clearly oppose God's Word. Yet we expect God to bless our choices.

We may have had the purest of intentions yet crossed a line in the sand. Sometimes we were unaware of the choices we made or options available but what happens when you realize there are other choices?   Do you keep on moving forward as if you never knew or do you look for a way to change going forward?  

For me it's about getting right with God and asking for His forgiveness. It is about building stronger character and making better choices that glorify Him in all that I do. And even though this choice I made was small and probably pretty insignificant in the greater scheme of God's plan for my life, it was big enough that my conscience told me I needed to quickly turn back and that I was on the wrong path with this situation. It is more about the little choices we make when no one is looking that truly reveal who we are and what we stand for...

Please let me know how I can help you in your pursuit of faith-based investing...

Check out this FREE Resource on "How to Screen Your Investments".

Comment by Ann Musico on February 12, 2014 at 2:51am

Thank you Jay.


Group Leader
Comment by Jay Peroni on February 11, 2014 at 6:07pm

I wanted to add a free resource to help some of ya'll for 2014.  If any of you have been doing any investing.  Attached is a great resource to help you with asset allocation and let's you in on some of the portfolios I have created and how I use a faith-based approach to investing. 

Here is a link:

http://wallstrenegade.com/wp-content/uploads/2013/06/Wall-St-Renega...

Let me know how else I can help you.

Comment by Catalyst John on December 24, 2013 at 7:20am

Merry Christmas to you and your family.  Also, as Tiny Tim says,

"God bless us, every one!" 

Comment by Karen Allen on December 5, 2013 at 10:45pm

Hello. I’m looking forward to learning more and getting to know other members of the group.


Group Leader
Comment by Benjamin Lotter on February 15, 2013 at 1:13pm

I finally got the videos shot for my online parenting course. I would greatly appreciate your feedback on the website or the training videos.

Here's the link to the discussion:

http://www.48days.net/forum/topics/feeback-and-affiliates-needed-fo...

Comment by Leta Muncie on January 8, 2013 at 9:11pm

Hey Happy New Year everyone!  I hope your year is starting out well and you've set your goals for the year.  I'm excited about what God is going to do this year and continuing to connect with people on this site and in this group! 

 
 
 

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