9/8/26 Rants, Rates & The Road to Better Health with The Wellness Doc

The Moneywise Radio Show and Podcast Tuesday, September 8th BE MONEYWISE. Moneywise Wealth Management I "The Moneywise Radio Show & Podcast" call: 661-847-1000 text in anytime: 661-396-1000 website: www. MoneywiseGuys.com https://www.moneywiseguys.com/ facebook: Moneywise_Wealth_Management https://www.facebook.com/moneywiseguys/ LinkedIn: Moneywise_Wealth_Management https://www.linkedin.com/company/moneywise-wealth-management-bakersfield/ Guest: Dr. Hugh Beatty, M. D. - The Wellness Doc website: https://www.hughbeatty.com/ The opinions voiced in this podcast are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision. Dr. Hugh Beatty, M. D. is not affiliated with nor endorsed by LPL Financial or Moneywise Wealth Management

• 0:00Speaker 00

  Live from the basement inside the historic Woolworths Building in downtown Bakersfield. Call or text in at 661-396-1000.

• 0:37Speaker 00

  Now, let's start the Money Wise Show.

• 0:40Speaker 01

  Welcome to the Money Wise Show. We are live from the basement of the historic Woolworths Building in downtown Bakersfield. For the next hour, you are on News Talk 96.1 and 1230 AM K E R N, streaming live at MoneyWiseGuys.com. You can call or text into the show 24 hours a day at 661-396-1000. We are your hosts. I'm Sharad Waite and

• 1:03Speaker 02

  Sammy Abiyawi.

• 1:04Speaker 01

  Sammy, we have some really, really good listener questions and comments. I love getting these. Anybody out there that's currently listening, 661-396-1000, that's the number that you can send us a message, or you can call if you want, but texts are good.

• 1:22Speaker 02

  I'll read the question.

• 1:24Speaker 01

  Let's do it.

• 1:24Speaker 02

  I feel good about it, but I just have a problem on a start.

• 1:27Speaker 01

  Okay.

• 1:27Speaker 02

  I have an issue, Stephen. I have an issue with people that don't signal when they change lanes.

• 1:32Speaker 01

  Uh huh.

• 1:33Speaker 02

  So I went, oh, oh, oh, oh. Like, when did we stop doing that?

• 1:37Speaker 01

  Years ago.

• 1:38Speaker 02

  Why?

• 1:39Speaker 01

  Who knows?

• 1:40Speaker 02

  I don't know.

• 1:42Speaker 01

  The on-ramp and off-ramps are my issue.

• 1:44Speaker 02

  Yes, I'm gonna keep talking about this in hopes that we can get back into signaling when we change lanes, either on the freeway, in the streets, in the city.

• 1:52Speaker 01

  Yeah.

• 1:53Speaker 02

  It's just, it drives me nuts.

• 1:54Speaker 01

  I don't get so mad about the on-ramp and off-ramps. That's what gets you, Stephen?

• 1:58Speaker 02

  Oh, yeah.

• 1:59Speaker 01

  What gets me is when, and this happens in my neighborhood all the time, is where I'm stopped, it's a four-way intersection, no stop signs, right? So everybody's just, you know, you're just yielding, and you see a car coming the opposite direction, no signal on, so you're assuming that they're gonna go straight, so you're waiting.

• 2:20Speaker 02

  Correct.

• 2:20Speaker 01

  And you're waiting there for what feels like an hour for them to just then turn, and you, so you could have gone a lot, you could have gone an hour ago, but if they had their signal on.

• 2:30Speaker 02

  And you feel like they're laughing at you.

• 2:31Speaker 01

  And you feel, yeah. And when I will, now I've gotten to the point where I intentionally will make eye contact with, and try to get them to just look at me so I can sneer at them.

• 2:40Speaker 02

  You don't do the flash with your hand to them?

• 2:43Speaker 01

  No, that's a good one.

• 2:44Speaker 02

  Just like this?

• 2:47Speaker 02

  And I know listeners can't see it, but you just blinker with your fingers?

• 2:50Speaker 01

  I like that.

• 2:51Speaker 02

  You know?

• 2:51Speaker 01

  I have also, the other thing I've done, this is really shameful, is I will, I will lurch forward, like I'm waiting for them to turn on their signal, but I'm not sure. And so I'll keep kind of like stopping with my brake, like pumping my brakes so my car is just jerking forward, because I'm like not sure. And then when they go by, then I'll do a swipe on my forehead and then they go by.

• 3:15Speaker 02

  I'm gonna take that one.

• 3:16Speaker 01

  The last one I'll do, this is the meanest, is where, is where I'll, I know that they're not gonna signal, and they're getting ready to turn right, and I'm turning left and they're turning right, and so, but they're not signaling, and so then I'll stop right in the middle of the intersection. This is getting into my neighborhood, right? So it's like, you know, you're going really slow, there's houses and that. So I'll stop right in the intersection, and I'll throw my hands up like they're gonna hit me, because I didn't know they were gonna turn, and so I'll stop and throw my hands up.

• 3:44Speaker 02

  He's doing the LeBron flops.

• 3:48Speaker 02

  LeBron flop.

• 3:49Speaker 01

  I'll get the weirdest looks. I'll get, they'll be like, what, why is he freaking out? You know, and then occasionally I'll get a look of, oh, yeah, I should have turned my signal on so they knew I was turning.

• 3:58Speaker 02

  I'm sorry I had to go into this, but I mean, it's just part of me getting old, I guess.

• 4:03Speaker 01

  Oh, it happens. I was teaching my son how to drive a couple of months ago, and I had to show him, like, just be safe, man. Like, even when the light turns green, we do like the count to three before we go.

• 4:15Speaker 02

  Yep.

• 4:15Speaker 01

  It's just, you never know.

• 4:16Speaker 02

  That's right. That's right. Well, I'll read the question. I'm sorry, but I just needed to put it out there.

• 4:21Speaker 01

  Nice side tangent.

• 4:22Speaker 02

  Yeah. Hey, Money Wise, I just turned 42 and work in the oil industry here in town. I have a pretty decent amount built up in my 401K, but most of it is in stock funds, and I'm wondering if I should begin changing up my game plan with that money, like being more aggressive or conservative. The craziness of the markets gives me anxiety, lol. You guys are built special to deal with these types of things for people. You guys are the real heroes.

• 4:50Speaker 01

  That's so nice. Thank you for that compliment. Very common question, especially now when we're seeing markets at all-time highs and continues to go up. I mean, even now, year to date, the S and P 500 is up 13, 14%. You're just crazy, considering we have a war going on, we're still dealing with inflation, we've had bonds that are getting sold, are being sold off, which is, which is rising interest rates, rising costs of borrowing, and yet, you know, markets continue to chug along. And so it's natural, I think, for people to be very nervous about them, about their investment strategy. But let's, let's take a step back a little bit here for our listener who's 42. If you're 42, that means you've

• 5:31Speaker 01

  got, you've got decades, you've got 20 or 30 years, right, that you, that you are hoping this money will last you. We have a, we go through a recession roughly every four or five years in this country. And so that means on, if, if just looking at averages, you're gonna go through four or five recessions in the next 20 years or so, which, you know, which doesn't necessarily mean that the stock markets are going to crash, but the, the stock markets are going to correct. They always do correct, because they always get it, they always get ahead of themselves. And whether it's from AI, or the internet,

• 6:11Speaker 01

  or you name it, the markets will tend to get ahead of themselves, and therefore they have, there's pullbacks. And so you have to, you have to generally kind of recognize that you want to take a deep breath and, and don't overreact to the big swings in the markets, especially as you feel like you're getting closer to retirement. Even if you're in your, even if you're in your 50s, let's say you're in your late 50s, so maybe you have less than 10 years to retirement. 10 years is a long time. It's a long time for, a timeframe for investment, time horizon. And, you know, again, you're gonna go, we've

• 6:55Speaker 02

  Yeah, you're looking at, and I mean, if you, if you look at just back 20 years, you're looking at the S and P, you just mentioned the S and P, the S and P growth has been in the teens, right?

• 7:03Speaker 01

  Yes.

• 7:04Speaker 02

  I would say every year for the last maybe 15, 20 years, maybe I'm close to, to that being the truth or not, but it has been growing for the last 20 years. So to your point, 10 years is a long time when it comes to investments, in my opinion.

• 7:19Speaker 01

  Yeah, it's a super long time, and, and time is always your best friend when it comes to investing, and how much time you're in the market, and, and the longer time that you have, the more that you can ride out some of these ups and downs and sort of not, not, not fret about it.

• 7:39Speaker 02

  Yep.

• 7:39Speaker 01

  Now, that doesn't mean you want to ignore everything and ignore your investment strategies. You certainly want to make sure that you're invested the proper way, but that might mean that you have a lot of stock inside your portfolio, and stock is volatile. And when you're younger, that's, that's, that's part of the game. The, the, one thing that, a distinction that I want to make here is the difference between risk tolerance and risk capacity. If you, if you have a capacity, or if your investment strategy should have a risk capacity when you have a long time horizon, the capacity of risk within your portfolio should be very large, meaning it should have, your guardrails to protect

• 8:21Speaker 01

  you from the, from the, from the downside should be really wide, because you have so much time to make up. So you don't have to worry about trying to be a genius and timing the market, which is impossible to do. And so, but that's a very different position than what your risk tolerance is. How much can you actually tolerate as a person? And sometimes those don't match. Most of the time, they don't match. Somebody says, well, I know I need to, I need to invest very, I need to invest very aggressively because I only have 10 years before our retirement, but I don't want to lose. That's a disconnect between your risk tolerance and your risk capacity. You're saying, I know that I should

• 9:00Speaker 01

  be taking a lot of risk, but my mind won't be able to tolerate that. And that's understandable. That, that's, that's, I get that that's a human behavior, but recognize that that, that's, that's just something that you're telling yourself in your mind. You gotta trust, hopefully, if you're working with a professional, this is the advantage of working with an investment advisor, is that investment advisor can sort of give you that investment policy and say, look, here's what you're, here's in writing of what we're trying to accomplish with your investment strategy. Here's where we, we expect it to, in a normal or in a bad market, this is how much we expect it to drop. And it can kind of help

• 9:40Speaker 01

  you define a little bit more about what you, what your investment strategy, strategy should be. That's one benefit that you get with an investment advisor.

• 9:49Speaker 02

  I agree with you all heartedly, as far as both the financial advisor, but also the time horizon and the appetite of risk. I'll move into the second question.

• 9:59Speaker 01

  Yeah.

• 9:59Speaker 02

  Just got back into town and catching up on shows from last week and it almost feels like our country's debt is fake. But do you think regular people should be worried when it comes to our debt? And thank you for going over social security. Makes more sense now instead of thinking it was just going to run out of in a couple of years. Hopefully, we can get more people back in the workforce. How much did COVID and people not going back to work play into the social security issue?

• 10:26Speaker 01

  Let's answer that question first. The end of the question is, how big did COVID affect our deficit? It was pretty minimal. Social Security Administration themselves, as well as the government congressional budget office, they all come out and said, yeah, COVID definitely had an impact on social security and the trust fund, but it's pretty minimal. Because the larger issue is what we're talking about, what our listener mentioned, which is these long issues, the big issues that have not been addressed, that are going to take congressional action. And that's why nothing has been happened, nothing's taken place to sort of fix this

• 11:05Speaker 01

  problem, so that social security doesn't come the fourth quarter of 2032, it is not reduced by 20, 22%.

• 11:14Speaker 02

  Correct.

• 11:14Speaker 01

  And that's the fear. And that's what that is, as our listener mentioned, is social security is not going to run out of money. It's just going to, potentially, if nothing is done, it's going to have a reduction in benefits, which I think is going to be equally damaging for any politician that's in office right then. But it's also the problem why no politician has been able to stand up and really address this problem, because there's no easy answer. And the best answers that I can see are going to take a few different approaches beyond just, let's just increase taxes and payroll taxes accordingly, and then we're done. That would be devastating to employers, it'd be devastating to the economy.

• 11:56Speaker 01

  It's going to be a combination of increasing, gradually increasing the retirement age, perhaps closing the gap in the payroll, social security contribution payroll limits, as well as maybe changing the cost of living adjustments. There's three or four fairly straightforward answers that if you use those in combination, it fixes the problem.

• 12:24Speaker 02

  Yeah.

• 12:25Speaker 01

  Rather than, you know, most people thinking of it this way, well, we just need to, you know, just, I don't know, whatever they think the quick fix is. I don't know who's saying what the quick fixes are. Get rid of it, or don't worry about it.

• 12:38Speaker 02

  Yeah, I'm just, I'm just, I'm just, do you sometimes ask yourself this question? Do the politicians use AI, ChatGPT, or Claude to come up with maybe some ideas?

• 12:50Speaker 01

  Solutions.

• 12:51Speaker 02

  Social Security? You know, I know it's a complicated subject.

• 12:56Speaker 01

  Yeah.

• 12:58Speaker 02

  And, you know, in the horizon, if we're looking at 20%, 22% on people that are on fixed income, only getting social security in their retirement, that's a life-changing event.

• 13:07Speaker 01

  Yeah, yeah.

• 13:09Speaker 02

  And to your point, that's probably why the can is getting kicked down the road versus, hey, let's have an honest conversation and a tough conversation and see if we can fix this. And it's more than politics in this case, it's economics.

• 13:20Speaker 01

  Yeah, and it's all driven, I mean, it's all, it's all being fed by deficit spending. Our government is not living, it's not living within its means, it's always borrowing, year after year, it's borrowing nearly a trillion dollars every year.

• 13:34Speaker 02

  It took us, it took us five months to get to $40 trillion, like, five months to get from 39.

• 13:42Speaker 01

  Yeah, to add a trillion, it took five months.

• 13:45Speaker 02

  So that's how fast our debt is growing. In 1980 or 1982, it was, we hit the $1 trillion, and it was like the end of the world.

• 13:53Speaker 01

  Right. Now a trillion dollars, it just seems like nothing.

• 13:57Speaker 02

  Yes, in five months, we're just at, oh, you know, it's just another trillion.

• 14:00Speaker 01

  Sheesh.

• 14:01Speaker 02

  It's, it's, but, but, I mean, the debt, answering the question, does it have effect on us as just consumers? Yes, it does, in my opinion, again, because it affects our mortgage rates.

• 14:15Speaker 01

  Yeah, that's, that's the key, is that the interest, it's not so much the amount, the 40 trillion, you have to take into account the size of the economy, which we talked about last week, we're in the top 10, we're not the, we're not the worst country in terms of total debt, compared to the size of our economy. But it's the fact that this $40 trillion is an interest cost, that we're carrying an interest cost that we're paying as taxpayers. And, and so federal revenues going towards this interest at a much, much, at a gaining rate, a rapid, rapidly increasing rate.

• 14:52Speaker 02

  Now, if you're an investor and you see this amount of debt, you're going to ask or require a higher interest rate on the bond that you're going to purchase. Rendering the existing bonds, not, you know, not, they're still bonds, but they are at much lower interest. So their value decreases substantially.

• 15:14Speaker 01

  Yep.

• 15:14Speaker 02

  When the new bond is being sold at almost 5% or higher, higher than 5%.

• 15:19Speaker 01

  Yep.

• 15:20Speaker 02

  So those are some of, and that bond pricing is the one that determine our mortgage rates.

• 15:25Speaker 01

  Right.

• 15:26Speaker 02

  Our car loans, our credit card interest.

• 15:30Speaker 01

  Yeah.

• 15:31Speaker 02

  So we are getting affected as consumers at the end of the day.

• 15:35Speaker 01

  Yep.

• 15:35Speaker 02

  Right?

• 15:36Speaker 01

  Yeah, it's, it's, this is the, this is the untold story. I think this is the untold story, because it's, it's hard for most investors to really wrap their head around the impact that bond, the bond market has, which the bond market is bigger than the stock market. The bond market is larger than the overall stock market, so, but because it has this other part of it, that's different than stocks, where it just goes up or down, not only do you have the bond value that goes up and down, but you have the interest rate that's attached to it that goes up and down. So it becomes very confusing for a lot of people to really understand. But one of the problems with the rising interest rates, not only do you have to pay

• 16:15Speaker 01

  more money for that, to borrow money, governments, corporations, but if the interest rate continues to go up, like the 10-year bond is now nearly 5%, now you have people going, well, why am I going to invest in the stock market? I'm just going to go over here in the bonds, because it's a risk, it's a risk-return calculation that you're making.

• 16:34Speaker 02

  Takes liquidity away from the stock market and moving it into the bond market.

• 16:37Speaker 01

  Exactly. And now, now you have stock investors that are requiring a higher rate of return for the amount of risk that they're taking, when they can just go into a bond that's going to pay them 5% guaranteed.

• 16:47Speaker 02

  Guaranteed.

• 16:48Speaker 01

  Yeah, it's like, risk-free, and so, there's so many dangers that we're facing right now, that, that, the way through it is economic growth. The hope is that we just continue to grow as an economy, and that earnings continue to grow and keep up with it, and then we're all fine. But if we don't get that continued growing economy, we turn into what happened to Japan for 30 years, where it was stagnation.

• 17:15Speaker 02

  The lost decade, yeah.

• 17:16Speaker 01

  Yeah, it was just like, we had, we had no, no economic growth, and, and so, hopefully, hopefully, we can get through this. I don't think that this challenge, while this challenge is new, it's no different than other challenges that we've overcome as a country. And so I would not bet against America. What are you laughing at?

• 17:37Speaker 02

  No, I'm laughing because there's a comment from a listener.

• 17:39Speaker 01

  Oh, what's it say?

• 17:41Speaker 02

  It said, Johnny Carson had a great idea for bad drivers who should be able to shoot at their cars with a suction arrow written with what they did or didn't do, and then get a ticket, once they get three arrows of the same mistake.

• 17:57Speaker 01

  That's great. Hey, your fellow drivers are not approving of what you're doing. I've always thought of having one of those signs that it's like, like a LED.

• 18:07Speaker 02

  Yeah, yeah.

• 18:08Speaker 01

  That just has like the words that goes by, but you could, you could basically use like speech recognition, and so that you can tell drivers things, like whoever's behind you, turn your brights off, or use your signal, or whatever. I always thought that'd be a good idea.

• 18:24Speaker 02

  Yeah, they have, they have other hands gestures with those too, but I'm not recommending those, I'm just recommending just, just language, just good language. Hopefully, people can, can listen and follow instructions. That just drives me nuts.

• 18:37Speaker 01

  Yeah.

• 18:37Speaker 02

  I don't know if it's just me being an unk, or, or it's just common sense, I don't know.

• 18:44Speaker 01

  Yeah. Is it too late to take a break, Stephen?

• 18:46Speaker 02

  No, let's go.

• 18:47Speaker 01

  Let's take a break, we come back, we've got a lot more to talk about. We're Money Wise.

• 18:53Speaker 01

  Thanks for tuning in. We're the Money Wise Show. I'm Sharad here with Sammy. We're your hosts today. We're joined right now by our guest, Dr. Hugh Beatty. Dr. Beatty, welcome to the show.

• 19:04Speaker 03

  Thank you.

• 19:05Speaker 01

  You are the Wellness Doc. This is not your first time to the show. That was the first time I think I've been on the show with you. So, welcome back.

• 19:13Speaker 03

  Well, thanks for having me again.

• 19:15Speaker 01

  You know, part of the reason we love having doctors on the show is because I see a lot of parallels with what we do in the investment advisory world, which is we're trying to encourage people to make small contributions towards their long-term future, right? We're talking 20, 30 years down the road. We're saying, look, just put a little bit of money aside every day. This will add up and over time, you're going to have all these, all these, the, these credits and towards your financial health so that then when you're later in life, you have financial independence and you can start taking your debits and start pulling that out. So many parallels to our health and our medical health.

• 20:00Speaker 01

  There's so many things that we do that are either contributing, you're either debiting or you're crediting that life. And you happen to write and written a book about it.

• 20:10Speaker 03

  Yes.

• 20:11Speaker 01

  Called The Five Pillars of Health by Dr. Hugh Beatty. So, tell us about this. How's, what, what drove you to write a book about this?

• 20:20Speaker 03

  Well, the subtitle is just as important. Do you want to be well? And that's what I always ask people when they first come to me. What are you looking for? Are you looking to stay sick? Or you want to be healthy? And people are shocked by that a lot of times because they really don't know. When they go to a doctor, they go to a doctor for medical care. And so that's why I changed my nickname to the Wellness Doc instead of the Medical Doc. Cause you can get medical care anywhere in this town, services. And so there's a big distinction. And then after someone's been on my care for a few months, and they actually applied what I'm recommending, they do feel better and they understand the difference.

• 20:57Speaker 01

  Yeah, it seems like, and we see the same thing. Somebody will come to us and they say, look, here's my money. I want you to double my money. And then I want you to double it in a year or two, and then I'm going to go on my way. And we'll go, okay, hold on a minute. Let's, let's talk about what you, do you really want to make money? And let's talk about some of the risk rewards here. We're going to take a quick break. When we come back, I want to hear more about this, about this book, kind of what drove you to write this book, Five Pillars of Health. Do you want to be well? We're joined by Dr. Hugh Beatty. He is a local doctor as well as a physician specializing in healthcare. We'll be right back.

• 21:45Speaker 01

  Thanks for tuning in. We're Money Wise. We're your hosts today. I'm Sharad here with Sammy. We're joined by our guest, Dr. Hugh Beatty. He is a local physician and author of Five Pillars of Health. Do you want to be well? Dr. Beatty, this is something you ask somebody that comes into your office. They come into your, into your, into your place looking for help. And you say, well, do you, why are you asking them if they want to be well? I'm assuming they're, they're seeing you because they do want to get well.

• 22:15Speaker 03

  No, I ask them that because there's work involved. Because they're not going to achieve wellness without some of the other parts. You be look at the five pillars. There's mainly three other things they have to do. Like I tell patients, I can't sleep for you. I can't eat for you. And I can't exercise for you. So, it's not just one pillar. The, the pillar that I'm most involved with are the two actually is the one hormone balance, helping them achieve balanced hormones. And the other one is clean up their gut. Cause so many people are suffering with gut, poor gut health. And as was said by Aristotle, probably 2,000 years ago, that all illness starts in the gut. And so you'd be amazed how many people have gut issues, but they mask it with medications instead of dealing with it.

• 22:58Speaker 01

  Well, you, you brought up three, the three big ones. Sleep, eat, and exercise.

• 23:04Speaker 03

  Yes, they have to do that.

• 23:05Speaker 01

  You have, that's like a given.

• 23:06Speaker 03

  Yes.

• 23:06Speaker 01

  And, and my, my experience has been, and, and little that I know about medical research is that if those, those three things right there alone would do miracles for,

• 23:19Speaker 03

  Yes.

• 23:20Speaker 01

  for most everybody.

• 23:21Speaker 03

  Yeah. So I can't get anybody well unless they willing to do their part.

• 23:24Speaker 01

  Yeah. It's like, it doesn't matter how good you're eating. If you're not sleeping, you're not, there's other.

• 23:29Speaker 03

  Yeah, you're not recovering.

• 23:30Speaker 01

  You're not recovering. There's other problems. You're going to, you're going to go into a psychosis. There's all kinds of problems if you're just not getting enough sleep. And same thing, if you're eating really well, if you're, if you're sleeping really well, but you're eating crap, you're, that's not going to, that's not going to help you either. And of course, exercise is just something that is, has shown, has wide benefits for all different aspects.

• 23:54Speaker 03

  Yes.

• 23:55Speaker 01

  And so those, those three things, but you mentioned, it's kind of where you end up, you know, spending some time with people is, is their hormone balance and then their gut health.

• 24:05Speaker 03

  Yes.

• 24:05Speaker 01

  And so I'm going to come at this just as a skeptic. So you, you, you push back on this as much as you can. These, both of these areas, my experience in the last five or 10 years have been very hot topics. They, it tends to, when you, when you're talking about gut health or hormones, it reaches into an area that is very difficult for the average patient to sort of comprehend and understand some of the science that's behind it, some of the research that's behind it, which then leads to a lot of, a lot of, of what the wellness community will promote as, as cures or as fixes, but lacking some

• 24:48Speaker 01

  of that science and that academic research behind it.

• 24:54Speaker 03

  Well, functional medicine doctors, we don't use the term cure because the medical boards don't like us using that term. So, we call it therapy. That's why it's hormone replacement therapy or bioidentical hormone replacement therapy. So, I do a lot of different therapies. And the thing is, you can achieve health, but you have to work at maintaining it. So, no one's permanently healthy. Not in this life at least. Okay. So, so I really don't call it a cure. And that's why you have to keep working. Because if you stop working on your health, you can achieve, think about bodybuilders that achieve fitness. And then they'll tell me, they'll come, doc, you should have saw me 10 years ago. They didn't continue to do what they were doing to be as fit as they were. So, there's no real cure permanency with it.

• 25:34Speaker 01

  Yeah. Yeah. And, and, and then, but how do you, how do you address, how do you describe it? It's like un, un, unconventional, unconventional therapies versus academic backed, science.

• 25:56Speaker 03

  Well, you think about evidence-based.

• 25:58Speaker 01

  Evidence-based care.

• 25:59Speaker 03

  I truly believe that evidence-based care is the lowest care that you can receive. It's the lowest standard of care because no one gets well with it. And that's the biggest problem. There's a lot of evidence-based care that just keeps you sick. It manages your illness. And the beauty of functional medicine, it takes to a higher level. It says, okay, fine. We'll manage your symptoms while we work on getting you healthy. That's the big difference. So, there's a higher level of care. I mean, you don't get in trouble for getting people well. If you, if you have somebody that has heart disease and lung disease and diabetes, and you correct those, those areas, and they're actually are healthy, no longer have those illnesses, no longer needing meds, that's the highest level of

• 26:42Speaker 03

  care you can ever give anyone. I remember as a patient of mine, he's a judge in town and I was telling him about, I always had to be concerned about standard of care. He said, doc, he said, what you do is above the standard. You try to focus on getting people healthy. You're dealing with the root cause. I never forgot that. And he's totally true. Because you're not just managing illness. You're trying to focus on getting people healthy.

• 27:03Speaker 01

  How do you, how do you, how do you manage and push back against some of the downsides of not having a standard of care? Right? Cause if not having a standard of care in functional medicine, I understand that it gets rid of some of the, some of the, some of the complexities, but you, you sort of, one benefit to Western medicine is that there is a standard of care.

• 27:27Speaker 03

  Now, I didn't say that you get rid of standard care. I said, I go above the standard.

• 27:31Speaker 01

  I guess.

• 27:31Speaker 03

  That's the difference.

• 27:32Speaker 01

  How do, how do you get through there not being a standard of care for functional medicine?

• 27:35Speaker 03

  Well, the, basically what I think you're saying to me is that there's a certain standard, which means that if this person is suffering, let's at least relieve them of suffering. They might not achieve health, but at least if they're in pain, we'll give them suffering pain. If their blood pressure is high, they have diabetes, give them some for that. But those patients will have to continue in that state. We have to continue to tend to them and give them what they need in order to survive. What I'm talking about is thriving. Get into a place where the person doesn't need me to hold their hand. Okay? I like what Jesus said in scripture. He said, who needs, who needs a physician? The sick. Healthy people don't need a physician. So, when people are talking about healthcare is expensive, medical care is expensive. When you're healthy and you're doing your

• 28:18Speaker 03

  part, you'll find that it's not very costly to stay well.

• 28:23Speaker 01

  Yeah. So, in your experience, what is the, what's the biggest issue? What are the biggest problems that you're seeing in your patients? What's preventing them from being well?

• 28:32Speaker 03

  Compliance, lack of compliance. The very thing that you talked about.

• 28:35Speaker 01

  Just following something?

• 28:36Speaker 03

  You set them up a financial plan, they don't follow it. They want to hold you accountable. It's the same thing with me. In fact, I tell patients, the only thing I really require from them is to be compliant. If they don't want to do that, then we have no relationship. We have a trusting relationship. They trust that I make the right diagnosis. And I trust that they're going to follow through and be compliant. If we can't do that, they need to run from me if I can't diagnose. And I need to run from them if they're not compliant. Because it sets up a myriad of issues, legal issues, medical issues for me. Case in point, if you have a patient that, let's say for instance, and I don't have a lot of diabetes on insulin because I deal with insulin resistance, the cause. But let's say I had somebody on insulin, and that's a very dangerous drugs if, if patients aren't being compliant with

• 29:19Speaker 03

  it. And let's say for instance, they come in, they're not using their medication as they should. And I see their hemoglobin C is high and their sugar markers are high. And I say, okay, let's double your insulin. And they finally decide to do all of that insulin, the doubled amount. And now they're brain dead. You see? So, you got to have people who you can trust that's going to do what they say they're going to do. Or you're constantly guessing, you're documenting, over documenting because you're saying, I told them this. I require them to do that. They still haven't done this yet. So, now that visit, that could be 15, 20 minutes, becomes an hour because you're protecting yourself. So, non-compliant patients, not good for my, myself are for themselves.

• 29:56Speaker 01

  Yeah. I'm already picturing it, just somebody coming back and, hey, doc, my, you know, I, I, this is still hurting. And you're going, okay, did you do A, B, and C? And they're going, no, I didn't do A, B, and C, but it's still hurting. And you're going, well.

• 30:10Speaker 02

  Yeah. Well, in my, in my experience with Dr. Beatty, when I've known him for about 10 years now, and I'm diabetic type two, and he put me on a path, to his point, I didn't follow through.

• 30:22Speaker 01

  I did not do A, B, and C.

• 30:25Speaker 03

  I wouldn't even think about that. But, but, but that's a good point though, Sammy.

• 30:31Speaker 02

  But, but the, the thing is, like, I remember when, when you sent me with the blood work, the blood work was so thorough. The lady that was, that was taking the blood out, she was like, what are you doing? I'm like, well, he's figuring out exactly what's going on with me and my hormones and everything. And it was a lot of tubes, man. And I'm like, am I going to be able to walk out of here? I was able to walk out of there, but the diagnostic, I, I thought was, was very good. It's just, again, the follow through and the desire to follow through and the society we live in. And, you know, the, hey, Dr. Beatty says I should not be eating this. I'll, I'll just do it today.

• 31:09Speaker 01

  Mm hmm.

• 31:10Speaker 02

  And then I do it the following day and the following day. And between the time I see him and the time I see him again, well, I've done it every day.

• 31:17Speaker 01

  Right.

• 31:18Speaker 02

  What he told me not to do.

• 31:19Speaker 01

  Right.

• 31:20Speaker 02

  I think that's the challenge for, of some of the patients, including myself.

• 31:24Speaker 03

  So it goes back to, do you want to be well?

• 31:26Speaker 02

  Correct.

• 31:27Speaker 03

  If you want to be well, then I'll work with you because it's a partnership. Really, functional medicine is a partnership with the patient. It's not paternalistic. I'm not saying Sammy, do this or else. I'm saying Sammy, this is why you need to do this. And if he continues to refuse to do it, then I'm looking at him like, why are you wasting your money coming to see me?

• 31:44Speaker 01

  Oh, yeah.

• 31:45Speaker 03

  You're not doing anything.

• 31:46Speaker 01

  Yeah. We, I mean, there's so many parallels here to what we do. Investment advising is, is, you know, instructing people how, how, how to invest for the long term and, and, and, you know, when we have our reviews, sometimes it does come up. It says, hey, you know, how's that debt? You know, how's, how you, how you doing on coming off of that debt? Well, I haven't done anything.

• 32:06Speaker 02

  Well, in fact, I got, I just bought a boat.

• 32:08Speaker 01

  Yeah. It's like, okay. Why are you paying me for financial advice when you're just going to go buy a boat, you know? And I'm sure you feel the same thing. Why are they paying you to get health recommendations and they're not doing it? Don't, you're wasting everybody's time, right?

• 32:24Speaker 03

  And money.

• 32:25Speaker 01

  And money. Yeah. Um, you know, before we let you go, um, this, this book, how did you find time to write a book as a doctor? You don't, you don't have a lot of free time.

• 32:38Speaker 03

  No.

• 32:39Speaker 01

  My guess.

• 32:40Speaker 03

  Uh, it took me seven years to write it because I wrote it when I felt like it. And sometime I had to force myself to do it. And actually, there's so much more information I could put in that book. And as time went on, I could have added more, but I said, no, this is a primer. Leave it as the foundational information. Because there's people say, doc, is this in your book that you're telling me about right now? I said, no, it's not. But if you read that, you'll understand what I'm doing because it's really foundational information. And from there, you can do whatever else, you can learn whatever else I do.

• 33:07Speaker 01

  Yeah.

• 33:08Speaker 03

  Information.

• 33:09Speaker 01

  And that's why you call the five pillars of health, they're pillars. When you take one pillar, I'm assuming you take one pillar out and the, the, the roof could collapse.

• 33:17Speaker 03

  Yes.

• 33:18Speaker 01

  Is that, is that?

• 33:19Speaker 03

  Starts sagging.

• 33:20Speaker 01

  It starts sagging, right? So you can't, you, you, you just can't go by without proper rest, proper eating, proper exercise. The, the other two are, this is where I think maybe there's, there's some distinguishing when you talk about gut health and hormones.

• 33:35Speaker 03

  Yeah. I have to get involved with that because I have to test to see where they are. And then I'm, at some point, I'm going to have to write some scripts. Either I'm going to write some hormonal scripts, or I'm going to have to write some scripts in order to clean up their gut. The others, I don't have to write scripts for. Go exercise.

• 33:49Speaker 01

  Yeah, right.

• 33:50Speaker 03

  Just get your sleep.

• 33:52Speaker 01

  Yeah.

• 33:53Speaker 03

  Change your diet. But those two, I really have to get involved with.

• 33:55Speaker 01

  Yeah.

• 33:56Speaker 03

  And once I clean up those two, the patients do it really well, but they get to the point where they have optimal health. There's a difference between, you're feeling pretty good, but optimal health is achieved when you're doing all five pillars. And I tried to. I can tell when I'm off because I know I'm not doing all the pillars. So I say, okay, you're lacking in the sleep area. You've been, you know, lacking on your diet. Okay, you need to exercise more. I meet my trainer this afternoon at 4:30. So I try to stay on it. And the patients know too. As soon as they're not, they're, they're falling off their metrics, I just ask them, which pillar are you off on? And they just smile.

• 34:28Speaker 01

  Yeah.

• 34:29Speaker 03

  And I found that when they do it consistently, they do well.

• 34:31Speaker 01

  What can we do to help our gut health?

• 34:34Speaker 03

  Well, there's a four hour program. It's, it's basic. I can get it. People can look it up on, on the internet. And the main thing is that you got to be careful of the processed food. That's really what we're eating and consuming. But the problem, I would say 90% of the people, I'm going to leave with this thought, all of Bakersfield, 90% of the people I truly believe in Bakersfield has something called SIBO. SIBO stands for small intestinal bacteria overgrowth. And that's why so many people are on, on what we call proton pump inhibitors, amiprazole, prilosec, prevacid. And those are the very things that worsen SIBO. They can even cause SIBO. The two biggest causes of SIBO is chronic use of antibiotics. A lot of sinus infected people get antibiotics all the time. And the other is taking those proton pump inhibitors. Now, of course.

• 35:17Speaker 01

  What are they?

• 35:18Speaker 03

  Uh, proton pump inhibitors are like amiprazole, prilosec, prevacid, the things that GI doctors especially.

• 35:25Speaker 01

  Like heartburn.

• 35:26Speaker 03

  Yes, heartburn, indigestion, acid reflux. And those cause SIBO. SIBO causes overgrowth of bacteria in your small intestine. You need acid in your gut to keep the bacteria at bay. So what are the symptoms of SIBO? Bloating. People say, oh, doc, I have a dom, a lot of abdominal bloat, a lot of abdominal gas, um, uh, heartburn, indigestion, acid reflux, um, filling, uh, full quickly. And it's just so common. And, and it's not unusual that people are taking something for it, which actually worsens it.

• 35:58Speaker 01

  Mm hmm.

• 35:59Speaker 03

  And then at that point, then what happens with the SIBO and you're taking these proton pump inhibitors, now you can't absorb minerals. You can't absorb your magnesium and your calcium. And you can become anemic, iron deficiency anemia. It can lead to so many other things, osteoporosis and things. So SIBO is a big issue so far as gut issue. And it's usually confused with IBS. You hear that a lot, irritable bowel syndrome. But 70% of all irritable bowel syndrome is SIBO. So treat the underlying cause and see what happens.

• 36:26Speaker 01

  Yeah. So that's something that would take a doctor's diagnosis for somebody to know if that's going on. It's not like a, it's not a, a, a lifestyle change or move that a patient can make to improve their gut.

• 36:38Speaker 03

  You're right. A doctor would have to make the diagnosis, but unfortunately, they don't make the diagnosis, not even the GI doctors, gastroenterologists. They will treat the symptoms. Doc, I'm having acid reflux. Here's the med. That's what I'm getting at. So I would say, when you, if you look up functional medicine doctors, they're probably less than 5% of all physicians in the country are functional medicine doctors. It's rare. It's not very common for people to do this, to treat the cause. And that's sad because think about it. When you, uh, take your car to auto mechanic, you want him to fix the cause. If your car is leaking oil and he tells you, okay, just put a quarter in it every week, you're, you'll go get another mechanic. You might even report him. Um, if your brakes aren't good, he doesn't say, well, you know, don't try to drive as fast.

• 37:22Speaker 03

  No, but that's what we do in medical care. We tell people, take this med, but we don't fix why they have to take the med.

• 37:28Speaker 01

  Right, right. And how about, go ahead.

• 37:31Speaker 02

  No, I was just going to ask, uh, I mean, the hot topic today in becoming healthy or gaining some optimal, not maybe getting optimal health, but just getting healthier, maybe losing some weight is the subject of peptides.

• 37:44Speaker 03

  Yes.

• 37:45Speaker 02

  It's like a hot subject right now. You can get them on Amazon for, like I just heard last week.

• 37:51Speaker 03

  Unfortunately.

• 37:52Speaker 02

  Yeah. You can get peptides on Amazon. You can inject yourself every week and lose pounds. I mean, how, how, is, is that something that, that you're using? Is that something that's healthy? What, what, what can you say about that?

• 38:04Speaker 03

  Well, in California, it's illegal for any doctor to prescribe, uh, peptides that have not been approved. Um, especially if you're prescribing to patients as, says emergency use only, or not for human consumption. So you don't hear of any physicians in town prescribing it. Now, we can prescribe, uh, semi-glutide, GLP-1s, uh, because those are already approved by the FDA and those can be compounded. But you can't do like the retotru tide that you hear so much of. So that's why you're seeing people getting it from everyone else but a physician. Um, uh, so far as, and I've, the thing that I'm concerned about the GLP-1s, that I want to throw this out there. There's a rare risk

• 38:49Speaker 03

  of eye, you can have sudden eye, uh, blindness from it. It's only one to four in 10,000, but it can occur. And it's sudden without warning and it's painless. So there are risks of doing GLP-1. So I always say that any patient who is concerned doing peptides, your doctor needs to be, uh, evaluating you and see, because these peptides have, here's one, I'm going to give it, throw it out for you. Incidence considered a peptide, has a disulfur bond. So when people say all peptides are good, well, you have to know what they use them for. And, uh, growth hormone is a peptide and you got to be careful of that. Um, because it has the side effects and the risks. And so actually, next week, I'm going

• 39:32Speaker 03

  to be going to a course in Nashville. It's a three day course just on peptides, eight hours a day. So I'm hoping that we eventually will be allowed to, to write peptides here in California. Um, I know it's written in other states. You can go to other states. Their, their, their medical boards and their state laws are different, but California's a lot more strict on the use of peptides and, and lack of approval. So we can't do it as physicians.

• 39:56Speaker 01

  Yeah. And, and I think right, rightfully so. It, it needs to be carefully, it, you know, advanced in a way that is sensitive to the population and you, you know, we don't. You gotta follow the, you gotta follow the researchers on this and don't, I think it's just easy to oversimplify some of these medical treatments.

• 40:22Speaker 03

  Yeah, well, I want to throw this out. I think peptides are safe and effective. That's why I want to learn more about them. Actually, I did write them back in 2019 when they were allowed in California and then it was removed. Under Biden, he shut it all down in 2023. So peptides, I think they're very safe and effective. But you just, as a physician, you cannot write it. And I, there's a lot of patients who, who go and get them and they come and ask me what I think. And really, I can't even give an opinion on it because it's not supposed to be discussed because they're illegal. It's, it's crazy. And, and so a lot of my patients feel that they know a lot about peptides. They're shocked when I don't get involved with this because of the fact I just can't. But, but peptides are very effective and they're very safe, I believe.

• 41:06Speaker 03

  But it has to be in the hands of a doctor. I think, just like hormone therapy, can you imagine putting hormones over the counter where people can just grab any hormones they want?

• 41:13Speaker 01

  Yeah.

• 41:13Speaker 03

  I think peptides should fall in that same camp. The doctor should be responsible for what he's doing with the peptides.

• 41:18Speaker 01

  And that's the other pillar is this hormone, hormone health. Is there anything there that individuals can do to improve their, their hormone balances?

• 41:28Speaker 02

  And before you answer that question, I have just to follow up to add on that. I mean, a lot of the time when we hear hormones, it's automatically, we think about females and not male.

• 41:35Speaker 03

  Yes. I think about both, but yeah.

• 41:37Speaker 01

  Yeah.

• 41:39Speaker 03

  I think hormones are life. And the thing is, is that like men, the biggest problem I see in hormones for men, I'm gonna say about women and men for a second if I can. But for men, testosterone is given too cavalier to the men. I think if you're under 40, the chance of you needing testosterone is very slim. Men just need to hit the gym and, and try to reduce that belly fat. Because the bigger your belly, the lower the testosterone, because you're converting testosterone to estrogen. Because of the enzyme in belly fat, which is aromatase.

• 42:12Speaker 03

  Women definitely need hormones. They might even need them in their twenties. It just depends. Women are a little bit more complicated. There's three hormones that really focus on with women, the estrogen, progesterone, testosterone. You have to know what you're doing there. Men is pretty much the main hormone testosterone, but there's other hormones that give men too, like progesterone and pregnenolone, DHEA. It's just that if you test, I test instead of guess, because if you guess, be ready for a big mess. So I try not to guess at all.

• 42:37Speaker 01

  Yeah, if you guess, get ready for a mess, huh?

• 42:41Speaker 02

  That's a good one.

• 42:42Speaker 01

  Good rhyme. Yeah, it's, so it sounds like at least exercise again, you know, diet, exercise, sleep, that, that, that can, that can help balance a lot.

• 42:53Speaker 03

  A woman in her twenties can do a lot for her health. And where she might not need hormones, a man in his, even up to his forties, they can get. I have a patient right now, he's in his mid sixties and his testosterone level, when I last checked, was a thousand in the blood. And he's just worked out. Well, five to eight hundred, I used to say is good for men.

• 43:13Speaker 01

  Yeah.

• 43:13Speaker 03

  But he's at a thousand, but he works out four days a week and he's been doing that for 40 years. That's all he does is work out.

• 43:20Speaker 01

  Doctor, the ultimate question, doctor, when can we just get to the point where we don't have to exercise anymore?

• 43:26Speaker 03

  When you're in heaven.

• 43:28Speaker 01

  That will be heaven too. That will be heaven where you just don't have to get out and exercise. My, my understanding, I read recently of, of, I think it was a, a, a big study and exercise and how much exercise is needed. And most people I think don't realize it's not as much exercise as you think. Like just moderate exercise a few times a week can make a huge difference. And a lot of times I think we think, oh, you gotta be, you gotta work out an hour every day and it's just not. It's, it's a lot lower than I think people realize.

• 44:02Speaker 03

  Yes, you're right. Two things I want to add to that real quick is that a 30 minute session, at least three or four times a week is all you need to do.

• 44:08Speaker 01

  Yeah.

• 44:09Speaker 03

  And, but the most important thing, make sure most of it's resistance training. Because muscle is the organ of longevity. And the problem is when you start getting your fifties and sixties, you get a lot of muscle wasting. And with that muscle wasting comes inflammation. You get to the point where you need somebody to take care of you because you can't do it. And so that's the thing I focus on most. When I exercise, I think about, I'm not going to waste that time by doing a lot of aerobics. No, hit those weights. You gotta lift weights.

• 44:37Speaker 01

  Yeah, yeah, you gotta have some resistance in there, but it doesn't necessarily have to go to, you don't have to go to the gym, right? There's this stuff you can do at home.

• 44:44Speaker 03

  Yes, you can do isometric stuff, you can do resistant bands, all kinds of.

• 44:48Speaker 01

  Right, bands, isometrics, you pushups, situps, you know, pullups, like those, those standard exercises. What do you prescribe?

• 44:57Speaker 03

  I like my trainer. Because he, yeah, because I only started using one a little over a year ago.

• 45:03Speaker 01

  Yeah.

• 45:03Speaker 03

  And I really see the difference because he, he, he shows me things I wasn't aware of and he really focused on my weaknesses.

• 45:10Speaker 01

  Oh, that's a, that's next level stuff. I mean, anytime you have a trainer, it's like, you're definitely going to work out harder. You're definitely going to be, you know, much more diligent when you got a, somebody right there watching you and, you know, telling you what to do. Good stuff. Any last parting words for our listeners? Health advice? Is there any, for example, is there any, any new, any new breakthroughs on the horizon that you're excited about in terms of healthcare?

• 45:42Speaker 03

  Well, I mean, I just wish we can figure out what we're gonna do with these peptides. That's one thing I'm excited about being able to do it.

• 45:49Speaker 01

  To be enabled to, yeah.

• 45:51Speaker 03

  To be able to help patients with peptides.

• 45:53Speaker 01

  Yeah.

• 45:54Speaker 03

  But nothing necessary on the horizon. I'm really starting to focus more on energy medicine. Because if you really think about without energy, we're dead. And there's other ways to get energy other than just vitamins and minerals and hormones.

• 46:08Speaker 01

  Yeah.

• 46:09Speaker 03

  It has a lot to do with currents and energy and stuff like that. I'm looking more into that.

• 46:13Speaker 01

  Good for you. Good for you. Well, thank you so much, doctor. Thanks for coming on the show. Want to let our listeners know if you're interested in finding out more about Dr. Hugh Beatty. His book's called Five Pillars of Health. Do you want to be well? Of course, as we leave, want to remind all of our listeners that if you miss this show or any of our past programs, go subscribe to the Money Wise Podcast. It's commercial free and on all major podcast platforms like iTunes, Apple or Spotify. And of course, as we leave, remember these three things. Be smart, be safe and always be money wise.

• 46:49Speaker 04

  Securities offered through LPL Financial, member FINRA, SIPC. Investment advisory services offered through LPL Financial. LPL Financial and Money Wise Wealth Management are independently owned and operated.