Sunday, March 22, 2020

MoneyWalk 42 Managing Risk Via Prudence


This program will help you undo financial bondage.

Everyone should be in a financial position to invest whether times are good or bad economically. A variety of scriptures show faithful people investing time, talent, and money (including entrepreneurial endeavors) and accumulating profit from it in the form of agricultural surplus, livestock, gold, silver, jewels, and money used to trade for such things within the kingdoms they lived.

“Well done my good and faithful servant” is the comment believers want to hear from the LORD when they stand before Him at the Judgment Seat of Christ. They should know this is taken from the scriptures in Matthew and Luke concerning the good stewards who traded with the Master’s money and, upon His return after a number of years, brought Him sizeable profit from their investments. The Master called the servants “wicked” who did not invest the money and return a profit and ordered that they be cast into outer darkness where they would experience immense spiritual, emotional, and physical pain.

These parables are certainly indicative of how we should use our time and talent in life so we are fruitful, yet they are also instructive of how we should wisely approach investing money the LORD entrusts to us so we can become even more profitable as we move along the future and allow it to help us do all the things He called us to. Funding gospel ministry to a greater degree, providing a good livelihood for your family, and helping others along the way by providing jobs and helping with other true needs are all things He prizes that glorify Him when done in His name for His honor.

We should take investing risk throughout our lives via tithing, additional giving, entrepreneurial endeavors, purchasing shares of companies, etc. while we also engage intimacy with the LORD and service to many others. While much should be expended on these things and the investment profits should fuel more giving and reasonable spending, there is also scriptures that tell us it is okay to have treasuries that hold a reasonable amount of money and profit that comes through our hands. A wise man maintains a treasury, but a foolish man spends everything he gets his hands on.

You will make some mistakes along the way and possibly lose some value on some investments over short periods of time, but do not be afraid of the investing journey. Learn things that will help you be more prudent as you move forward. For example:


- Do not pursue get rich quick schemes, rather look for investments in which the underlying collateral, company, or industry have reliable long-term historical data showing that growth in value is not a fluke and thus the investment is not a fad that will likely wither and die at some point down the road.

- Look mostly for investments with a no or low cost to buy and sell, as this leaves more money to invest and more money in your pocket after you sell.


- Stay away from investments suggested by broke friends, family, and poor stewards who have shown they cannot hit the head of a nail with a sledgehammer.


- Refuse to allow emotions to constantly lead you during economic downturns to sell stocks and mutual fund shares at lower prices than your purchase of them. When you do so you are market-timing or day trading and acting as if you are an expert in knowing when prices will go up and come down, yet losses you thus far incurred do not prove your expertise.


- Refuse to leverage loans for investing purposes, when you do not have enough saved and invested to cover the total debt in case the investment fails to grow in value. It is better to pursue no-cost low-cost investments and entrepreneurial endeavors and build line upon line, precept upon precept in ways that grow your earnings, assets, and wherewithal.


As your net worth grows, you will be able to take greater risk with smaller portions of money in your treasury by investing in more risky things that seem like they could one day be very helpful to people and profitable. The good money management and/or entrepreneurial expertise you built over the years, by the Holy Spirit’s guidance, will allow you greater insight into the viability of such witty inventions.


Remember, when your faith and prudent action is grounded in your relationship with Christ and His calling for your life, all things work together for your good. You will go through some ups and downs economically and experience obstacles and troubles from time to time, however you will prosper overall to provide great help to people on Earth while also investing in Heaven where moth and rust cannot corrupt and thieves cannot break in and steal from you.


Please pray for this ministry, email me with any questions, and contact me to speak at your business or ministry conference or workshop. May the LORD bless you richly as you follow His plan!


Proverbs 21:20, Ecclesiastes 11:2, Matthew 25:14-30, Luke 19:12-27, 1Timothy 6:17-19


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