Faith And Finances

049: Biblical Investing—Guarding Your Heart

Informações:

Sinopsis

The investing experience can stir a flurry of emotions; most common are fear and greed. There are also many traps that investors fall into. Christians are not exempt from these traps. Proverbs 4:23 Keep thy heart with all diligence; for out of it are the issues of life.   In This Episode, We Look At: Being anxious to increase wealth  God warns us of the dangers of desiring to get rich quick. In Proverbs 28 verse 20, we are made aware that, ”A faithful man shall abound with blessings: but he that maketh haste to be rich shall not be innocent.” And in verse 22, “He that hasteth to be rich hath an evil eye, and considereth not that poverty shall come upon him.” Pleasure and pain We look at our statement and half of our portfolio is down (US Large stocks)—**Pain** The other half is up (Bonds)—**Pleasure** The temptation is to flee pain by dumping the one that went down and put that money into the one that went up. That is common investor (bad) behavior. Doing that breaks ALL the investing rules! Fal