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Four Reasons Not To Invest

Why do you invest? I believe you should not invest if you have the wrong heart attitude. Consider the metaverse. People are scrambling to buy land. Hundreds of millions of dollars were spent on digital real estate last year. Yet, billionaire investor Mark Cuban, who’s a crypto enthusiast, says that buying virtual real estate is […]

Crazy Money! Beware Bitcoin

It’s Crazy Money Day! Warren Buffett and Charlie Munger openly denigrated cryptocurrencies at this year’s annual  Berkshire Hathaway shareholder meeting. Buffett said he wouldn’t pay $25 for all the bitcoin in the world. Munger added, “In my life, I try and avoid things that are stupid, evil and make me look bad in comparison to […]

Savings Day – Where to Bank

Are you wondering where to open a savings account? Savings accounts are still a safe place to deposit savings as long as they’re guaranteed by the FDIC – that’s the Federal Deposit Insurance Corporation or the NCUA – the National Credit Union Administration. They cover $250,000 per depositor, per institution. In addition to online options, […]

Crazy Money! –Superyacht Sales Soar

It’s Crazy Money Day! Trillions of dollars were made during the pandemic. The U.S. now has over 2,700 billionaires, 500 more than before Covid. Many earned their wealth in the stock market and cryptocurrency. Boat International reports that more than a thousand superyachts are in construction or on order. They’re longer than 80 feet and […]

IRA Info

Do you have an Individual Retirement Account? A listener recently asked if an IRA is considered a savings plan or an investment. My answer depends on what you do with the money. You can put IRA funds to work in the stock market through mutual funds and other investments, or in CDs and savings accounts. […]

Crazy Money – Not Another Ponzi Scheme!!

It’s Crazy Money Day! Have you heard about the Ponzi scheme that swept through Bethel Church in Redding, California? An attendee of the church set up investment companies with his business partner and swindled investors out of $35 million dollars. Thirty-five million! Tight-knit communities, like churches, present prime opportunities for schemers. They know that church […]

Crazy Money! – Taxes and Charitable Giving

It’s Crazy Money Day! The federal government expects to collect about $4 trillion in taxes this year with nearly half of it collected through individual income taxes. That’s crazy money! The apostle Paul said in his letter to the Romans that everyone is subject to the governing authorities. They’ve been instituted by God. Because of this, we […]

Investing in Inflation

The key to investing in an inflationary economy is diversification. Diversification is the means by which wins can cover losses during inflationary times. Mixing different assets and investments limits your exposure to risk. It also provides a hedge against volatility. Solomon wrote about it in Ecclesiastes chapter 11: “Give a portion to seven, or even […]

Selecting an Investment Advisor

Are you looking for an investment advisor? I recommend financial advisors who are committed Christians. Psalm 1:1 says we should avoid ungodly counsel. Meet with a prospective advisor and test his or her value system. Advisors who will cheat for you will also cheat you, and those who bend the rules on your behalf against […]

Couples and Investment Risk

Are you a risk taker when it comes to investing? If you’re an investor, you have to address how much risk you’re willing to take, and if you’re married, an equally important issue is how much risk your spouse can take. Chances are your opinions will be different. Spouses have personality differences that cause them […]

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