Travis Keller is September's Program Chair. His Dad Ray is District Governor this year in the Northeast section of Arkansas. Ray is from the huge metropolis of Wiener, population 755. It's a little to the southwest of Jonesboro. Travis's guest today is a friend of the family, Phil Cavender from Murfreesboro, TN. Phil is President of the Cavendar Financial Group in the Boro. Phil started by talking about Ray and what a dynamic speaker he is. It sounds like we need to get him here to speak some day.He made several poignant points about investing and financial planning. One point that struck me was his illustration of a million, a billion, and a trillion. He said that you can retire a debt of 1 million dollars by paying a dollar a second for 12 days. It would take 31 years to pay off a billion dollars at the same rate and 31,000 years to pay off a trillion dollars. (assuming no interest accruing of course) WOW! He talked more about making your money work for you in the environment in which it will be invested. Good program Phil and thank you Travis for inviting him.
