This program will help you undo financial bondage.
Over the majority
of past 20-year periods, the stock market experienced greater growth than most
other investment vehicle markets (bonds, fixed income, real estate, precious
metals, etc.). However, the up and down swing of stock prices is much more
volatile over shorter periods (a few months or a few years), making stock
investing riskier than some types of investments when measured over far shorter
periods of investing (3-5 years, etc.). By living off less than you
make, honoring God with the tithe of your income, establishing an emergency
fund, achieving total debt elimination, and putting at least ten percent of
each paycheck in diversified investment vehicles, you’ll soon get to a point
where you’re able to let much higher long-term stock market growth work for you.
You’ll stop being a short-term investor that has to worry about the short-term
risk of the stock market because you’ll be flush with investments and will
never need to withdraw at any one time a significant percentage of your
portfolio to care for your family or business needs.
Surround yourself
with wise people from whom you seek guidance. They’ll help you get control of
your emotions by teaching you not to fear short-term downward swings in the
stock market. They know when you move investment money to vehicles that have historically
had far lower growth just because you see a downward swing you solidify that
loss throughout your future. That money will continue to earn much lower growth
over the long term. You’ll worry about trying to find something you can in the
future be comfortable investing in to get a high return on your money. Problem is
most people who are moved by emotions never make the move back into the stock
market because they continue to be afraid of short-term risk instead of staying
invested in the stock market which over the long-term has proven to
historically provide far greater growth than most other investments. So, they
languish in low-growth savings vehicles throughout their lives and cannot be as
blessed and rewarded in the financial arena of their lives like the Lord wants
them to be. An abundant portion of what you lose out on by not taking the
reasonable, historically reliable stock market risk could otherwise have been
given to the church and worthwhile ministries to lead people to Christ and
disciple them, to take better care of yourself and family, and to pursue other
worthwhile endeavors.
Certainly, you
should avoid the risk of an undiversified stock market investment. If you
invest in individual stocks, you should own a variety of at least eight solid
ones and likely far more. Otherwise, you’re going down the road of a get-rich-quick
mentality and will likely suffer great loss over both short and long term
periods and then put your tail between your legs and run away from the market
never to return again. It’s far better to invest in diversified no-load low-expense
broad market stock index mutual funds like S&P 500, Large Cap, Mid Cap,
Small Cap, and Total Stock Market offered by reputable brokerages like
Vanguard, Fidelity, TIAA-CREF, American Funds, etc. Investing a smaller portion
into a diversified portfolio of other types of investment vehicle like real
estate, bonds, entrepreneurial endeavors, etc. can augment your diversification
and safety during economic downturns. Once your foundation is solid using the
above-mentioned simple stock investing vehicles (no-load low-expense broad market
stock index funds) you might find one or more of these other investments also
become lucrative for your life.
Employing this
type of long-term vision, you’ll be able to give abundantly and live abundantly
while keeping money invested over the long haul by virtue of the fact that your
foresight in planning helps you live debt-free and maintain an emergency fund so
you continually have cash flow to make such investments and reap harvests they
produce. A great portion of money will remain invested in the stock market
until you expire and pass it on to heirs and the Church, simply because your
increasing prosperity will dictate that you don’t need to live off it. It takes
long-term vision, knowledge of historical market returns, and confidence in the
fact that Jesus chose you to be a good steward over part of His resources in
order for you to be fruitful, profitable, prosperous, and truly successful in
His eyes. You'll always be a good steward who prospers immensely when you
follow this spiritual financial roadmap.
Proverbs 11:14,
29:18, Ecclesiastes 11:2, Lamentations 2:9, Matthew 25:14-15, Luke 19:13
Please
pray for this ministry and email questions to parlor@ameritech.net
and share the links below with others who need guidance. May the LORD bless you
richly as you follow His plan!
Share https://kminfo.org/ministries/financial-freedom
weekly with family and
friends so these bondage-breaking articles and other financial information can
help them gain helpful insight! @everyone
The
book at the link below provides principles and practical steps that help you
use the Power to Get Wealth. By 1992, we had $135,000 of debt and
negative $35,000 net worth. Financial bondage and turmoil led me to seek
principles and a process for employing good stewardship. As a result, we became
constructively debt-free in 1998, mortgage free January 2004, millionaires in
2012, multi-millionaires shortly thereafter, and retired in 2018 in my
mid-fifties from public servant jobs while giving abundantly to fund the gospel
of our LORD Jesus Christ. The same power is available to you!
You can find books authored by Randy and
Karen Parlor at www.Amazon.com.
You can also connect with
Randy Parlor on Facebook, Twitter, LinkedIn, Instagram, Google Blogger,
WordPress, Pinterest, TikTok, Tumbler, and You Tube.
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