Archive - March, 2011

Joseph Sangl’s Current Investments

It has been over three years since I provided an update on the investments that I hold.   Anyone who has attended a Financial Learning Experience has heard me say that it is important to INVEST money and to do so every single time you are paid money.

At the end of our live events, I am regularly asked or emailed the following question:

“What mutual funds do you recommend?”

My answer is always, “I don’t recommend mutual funds.   I can only tell you the investments I own.   In general, they have worked well for me.   The investments you choose are up to you.”

So today, for those inquring minds who want to know …   I am publishing some of the mutual funds/investments that I own.   Click the image to see a larger version.


I have went even further in my analysis this time to indicate my portfolio diversification.   Over the past several months, I have been writing and speaking to the fact that I am diversifying my investment portfolio to include land and real estate.   The portfolio below indicates some of those decisions.



  • As you may have noticed during the latest recession, a rising tide will lift all ships and a lowering tide lowers all ships.   If you have market funds, you saw this happen.   There were many great companies that retained profitability throughout the market downturn, but their stock value was pummeled due to the overall market conditions.   While I have been greatly diversified in my investment choices, I was diversified WITHIN the stock market.   This is one of the reasons that I have made a focused effort to diversify my holdings beyond the open market.
  • I believe it is important to maintain margin.   Cash on hand is essential to the long-term success of any effort – personal, small business, or large business.
  • Some of these funds are not open to the general market, which is why they do not have a “Ticker Symbol”, but I am able to invest in them through my previous employer’s 401(k) plan.
  • One reason I hold so many mutual funds is because of a variety of 401(k), 403(b), Roth IRA, and 529 holdings   – each plan has different mutual fund selections available.
  • I do not “eat, sleep, and breathe” the stock market on a daily basis.   I update my net worth once per month, but rarely jump in and out of funds.   Day trading is definitely not for me.

Investment Junkies:   What are your thoughts on my portfolio?   What are some key funds that you really like that have worked well for you?

Looking for additional Personal Finance Resources?   You can obtain FREE FINANCIAL TOOLS by clicking HERE and purchase books/materials by clicking HERE.

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March 2011 US National Debt Update

This month the US National Debt has increased by $98,640,261,756 since our last update on  February 18, 2011.  This is actually around a 36% smaller increase compared to the increase between January to  February.

National Debt as of 3/28/2011


If you divide the national debt by the 308.8 million people in the US, each individual’s  portion  of the debt is over $46,100.

If you were told today that you would have to repay your portion of this debt, could you?  Or are you living paycheck to paycheck, and a debt like this would cripple you financially?

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American Idol versus Personal Finances

Let me ask you question:

Do you know more about American Idol (or insert your other favorite TV show) than you do about personal finances?

If you do, how messed up is that?

Here’s the news flash – American Idol, Survivor, The Amazing Race, Glee, Your Favorite Sports Team, Cake Boss, and Pawn Stars are not going to change your life.   Managing your personal finances well CAN affect your life in a HUGE way.

If this is you, TODAY is the day that you make “managing your money well” your TOP PRIORITY.

If this is you, I would love for you to email me HERE and tell me what your next big financial step is!

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Become a Trained Financial Coach!


One of the biggest reasons the crusade is able to help people accomplish far more than they ever thought possible is because we have trained Financial Coaches all over the country.   When we partner with a church or organization for a live event, we teach valuable principles and tools that equip people and provide them with hope and inspiration.   But at the end of the day, we have to travel back home.

It is the Financial Coaches we train that provide the ongoing 1-on-1 help and assistance people need for their individual financial situations.   Helping people put together a plan and showing them HOW they can win with their money is the most important thing, and Financial Coaches make it possible.

You might be interested in becoming a financial coach as well, but haven’t had the opportunity to go through our live training.   The reason is usually we either haven’t been to your area or your church hasn’t launched a financial ministry yet.   It might be that your church has been waiting for someone like you to step up and start the financial ministry!

Do you want to be a vital part of this crusade to help others win with their money?   Are you winning with the management of your own personal finances, and are passionate about helping others accomplish the same?   We are PUMPED to introduce you to possibly the most life-giving and joy-filled opportunity you may ever find:

Become trained to be a financial coach!

For only the second time EVER, we are making it possible for the right people to become a part of the crusade no matter where they live!   The Financial Coaching Experience will be taught LIVE ONLINE on SATURDAY, April 9th, from 9AM to 3PM Eastern Time!


On-Line Financial Coaching Experience

DATE:   Saturday, April 9, 2011

TIME:   9AM – 3PM


COST: $295 – includes all materials


  • Passionate about helping others win with money
  • Winning with your own money
  • Committed to providing financial coaching to those in your community

Training Includes:

  • Step by step process for launching your own financial coaching
  • Hands-on application of the tools with real-world scenarios
  • Access to the I Was Broke. Now I’m Not. Team
  • Access to the tools and documents that can be revised to suit your organization’s needs
  • All necessary materials
  • The opportunity to network with others who are becoming financial coaches
  • A Certificate of Completion

Get fired up and click HERE to register for the class!


Ideal vs Real

I was speaking with Pastor Eddie Foster (Family Life Assembly of God – Katy, TX) recently, and he said something that was INCREDIBLE!

He said, “We need to understand the difference between what is IDEAL and what is REAL.”

This is an absolute truth for so many people when it comes to their finances.   Let’s explore this for a moment.

  • IDEAL You want to save $500/month
  • REAL You want to save $100/month
  • IDEAL Your spouse would love the budgeting process (and the math) as much as you
  • REAL Your spouse believes Satan L. Lucifer himself invented math
  • IDEAL You want to go to a 7-day Caribbean cruise that costs $4,000
  • REAL You have $1,000
  • IDEAL You make $100,000 per year
  • REAL You make $40,000 per year

I have seen many people become paralyzed because they do not have the “ideal” situation – so instead of doing what the CAN DO, they choose to do NOTHING.

Are you focusing too much on the “IDEAL” and allowing it to distract you from acknowledging what is “REAL”?

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10 Questions: You Have Got To WANT IT!

Whether you are playing basketball, chopping firewood, or working on your finances, you must WANT IT in order to maximize your return on effort.

If you casually dribble the basketball up the court, you will soon find yourself without the ball and watching the opposing player put it in their basket.   To score, you must WANT IT and GO FOR IT.

If you kinda sorta swing the axe, it will bounce off the wood and possibly even hit you.   You must swing the axe with much energy and focus in order to split the log.   You must WANT IT and GO FOR IT.

There is no reason to believe it will be any different with your finances.   If you casually kinda sorta attempt to win with your money, chances are high that you will receive mediocre results.   In order to win with your money, it requires FOCUS and INTENTIONAL EFFORT.

Here are some questions to ask yourself to see if you are FOCUSED and WANT to win with your money:

  1. When was the last time you read a book on personal finances?
  2. When was the last time you read a blog or article about personal finances?
  3. Do you know how much money is in your retirement account?
  4. Do you know the rate of return you are receiving on your investments?
  5. If you received an extra $30,000 right now, do you know what you would do with it?
  6. Was the answer to Question 5 spend it all? or retire debt? or invest it? or start a business?
  7. If you are married, does your spouse know everything about the financial situation and do you discuss major financial decisions PRIOR to making them?
  8. Is there anyone in your life who has won with their own money?   When was the last time you asked them for advice?
  9. Do you live and operate on a balanced INCOME – OUTGO = EXACTLY ZERO budget?
  10. Are you saving for Emergencies, Known Upcoming Non-Monthly Expenses, and your Dreams?

I recommend you print this page out and grade yourself from 1 to 10 on each one.   For the ones you score low on, I recommend you answer the following question:

“What is one thing I can do TODAY that would allow me to make a difference with this question TOMORROW?”

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10 Reasons You Aren’t Winning With Your Money

As I travel this nation on this crusade to help people accomplish far more than they ever thought possible with their personal finances, I see many people who want to win with their money but they aren’t.

If that is you, read the list below to see if any of the below apply.   The GOOD NEWS is that you CAN win with your money!   Be sure to check out our FREE financial tools HERE.

In no particular order, here are the top reasons I see that people are not winning with their money.

  1. Inability to say NO (to themselves, spouse, and/or children)
  2. Shiny Stuff Syndrome
  3. Lack of financial education
  4. Spouses not working together
  5. Lack of giving (rarely do I see selfish people truly win with their money)
  6. No savings (it is impossible to win financially if you do not save)
  7. Unwilling to take risk with any investments
  8. Listening to the wrong (and broke) people
  9. Impulsive spending decisions
  10. Failure to carry health and disability insurance

Would you add any reasons to this list?

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Crusade is in Orangeburg, SC – Cornerstone Community Church

I am FIRED UP to be at Cornerstone Community Church (Pastor Artie Davis) in Orangeburg, SC this weekend!

We trained over 20 financial coaches today, and tomorrow I will be speaking during the morning services at 8:30AM, 10:00AM, and 11:30AM.

On WEDNESDAY, I will be teaching the Financial Learning Experience.

This is an INCREDIBLE church, and I can’t wait to help some people!

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Top Selling Book

I was STUNNED recently as I spoke with the printer of my books when they informed me that my book, I Was Broke. Now I’m Not. is well on its way to being the #1 selling book that they have printed!   In fact, based on the quantity of books being purchased, we should move into 1st-place by the end of this year!


Can I just say how utterly overwhelmed I am about this?!?!

This crusade started out as a dream and a passion to help people accomplish far more than they ever thought possible with their finances. AND THE DREAM HAS BECOME REALITY!

To celebrate this news, to help speed up the arrival of this book into the 1st-place position, AND to help MORE PEOPLE GET FREE with their finances, we are providing a special offer to everyone who is a part of this crusade.

SPECIAL OFFER (good thru this Friday, 3/18/2011):   20% off purchase of 10 or more copies of I Was Broke. Now I’m Not. – with FREE SHIPPING!

Just use the PROMO CODE: “CELEBRATE” during checkout when you order HERE.

Buy them to give to your friends, family, and co-workers.   Buy them for your church’s bookstore.   Buy them to help your renters pay their rent on time.   Buy them for graduation gifts.

Check out all of the resources we offer HERE.

THIS WEDNESDAY: Mountainview Christian Church – Gresham, Oregon

I am excited to bring the crusade to the Portland, Oregon area THIS WEDNESDAY – March 16th – at Mountainview Christian Church (Pastor TJ Southard).

We will be training financial coaches on Wednesday afternoon with the Financial Learning Experience that evening at 6:30PM.   At the same time, a member of our team will be teaching the youth how to PREVENT financial mistakes in the first place.


If you are in the area, I would love to see you there!

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Crusade in Rancho Cucamonga, CA

I am excited to be at Shepherd of the Hills Lutheran Church in Rancho Cucamonga, CA this weekend!   Pastor Kevin Austin is a terrific leader, and I am so FIRED UP to be able to carry the crusade to the West Coast.

I will be training financial coaches on Saturday, speaking during all 1,041 services on Sunday morning (actually only 4 services), and teaching the Financial Learning Experience Sunday evening.

Would love to see you there!

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SERIES: Build The Wall – Part 4 – PROSPERITY

I am PUMPED about this new series on – “Build The Wall”!   I truly believe that if people will do this, it has the potential to completely change their lives!

Build The Wall – Part 4 The wall leads to PROSPERITY!

When you build the wall, you position your life for prosperity.

Consider these facts that happen when you have built THE WALL:

  • You can take a few financial risks when you see opportunity – because you have money available!
  • You can absorb a job layoff without jeopardizing your retirement
  • You can negotiate better deals with providers because you have the CONFIDENCE to do so
  • You are much less likely to needlessly cut prices when you have financial margin
  • You can be generous AT ALL TIMES
  • You can fund dreams you never thought possible – dreams for you, your family, and for others – just because you can!
  • You can make decisions based upon what is best for your family and your calling instead of “how much money will that make us?”

I have NEVER regretted the day that my bride and I began building THE WALL.   Neither will you!

Read entire series (available after 3/11/2011)

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SERIES: Build The Wall – Part 3 – Stop Debt

I am PUMPED about this new series on – “Build The Wall”!   I truly believe that if people will do this, it has the potential to completely change their lives!

Build The Wall – Part 3 The wall STOPS debt!

When you build the wall, you STOP acquiring debt!   In fact, it is impossible to become and stay debt-free without building THE WALL.

If you truly want to remain debt-free, you need to build the wall.   This way, the “life happens” events can happen and your wall can absorb those expenses.   This allows you to remain focused on working toward funding your goals.

Think about it – if you have no savings and your refrigerator dies, you will finance a new refrigerator.   You need a working refrigerator!   This means you will have to turn to debt to fund the replacement fridge.

However, if you have THE WALL built with at least $2,500, you can purchase a new fridge WITH CASH MONEY and never lose focus on attacking your debt and other key goals!

Which of the following two scenarios will you choose for your life?

  1. No wall (with a serving of STRESS and sides of FRUSTRATION and ANGER)
  2. THE WALL (with a serving of CONFIDENCE and sides of PEACE and SATISFACTION)

As for me and my house, we will choose Scenario #2.

Read entire series (available after 3/11/2011)

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SERIES: Build The Wall – Part 2 – Protection

I am PUMPED about this new series on – “Build The Wall”!   I truly believe that if people will do this, it has the potential to completely change their lives!

Build The Wall – Part 2 The wall offers PROTECTION!

When you have built a wall between you and the “life happens” events, you are protected from being distracted by those events.   For example, when I was B-R-O-K-E I would be very distracted and frustrated by a car breakdown.   Now, if I had faced reality, I would have known that my car would break down and would have prepared for it by building the wall.   However, because I did not recognize reality, I did not have a wall built.   This caused me inordinate amounts of stress as I dealt with a broken down vehicle, the annoying task of getting back and forth to work while it was being repaired, AND having to pay for it!

I will NEVER forget the day that I built the wall.   I took an entire tax refund in 2003 and BUILT THE WALL.   It wasn’t as fun as spending it on some nice purchase, but for the first time in my adult life I experienced financial margin. Financial margin equals PROTECTION.

This protection enabled me to breathe easier in a way I had never experienced before.   It was so worth it!


ACTION STEP:   Build your starter wall with $2,500.   Your ultimate goal is between $20,000 and $30,000.

YOU can do it!

Read entire series (available after 3/11/2011)

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SERIES: Build The Wall – Part 1 – What is the wall?

I am PUMPED about this new series on – “Build The Wall”!   I truly believe that if people will do this, it has the potential to completely change their lives!

Build The Wall – Part 1 What is the wall?

The WALL represents SAVINGS.   It is a wall built between you and the things that life will throw at you.

Look at the picture below.   The WALL provides protection from the things that we KNOW that life will throw at us!


If you do not have a wall of savings built up, things look like the below picture.   Can you say “impending disaster”?!?!


Think about it.   If you have no savings, you CAN NOT PROSPER!   You will always be in a position where you will have to turn to debt.   The car will break down.   The refrigerator and stove will stop working.   With a 100-percent mortality rate in American, someone will get sick.   A job layoff could happen tomorrow.   History has shown us that more than one unplanned baby has shown up on the scene!   Eventually, your roof will leak.

If you already have a wall, it is time for an inspection to ensure that it is built high enough!

If you do not have a wall, TODAY is the day for you to begin building it!   Not tomorrow – TODAY!

Read entire series (available after 3/11/2011)

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