Should Christians invest in the stock market?
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- Опубликовано: 25 сен 2018
- "Should Christians invest in the stock market? Is stock trading gambling?"
Dr. Hershael York answers in Honest Answers | Episode 76
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Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
That’s crazy, I’m just doing everything wrong with my portfolio.
The US-Stock Mrkt had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled mrkts, but there are avenues lurking around if you know where to look. My wife and I are retiring this year with over $7,000,000 in tax deferred investments. up until 3 years ago we were 100% in the S&P. During bear markets we had a perfect plan. We got an investment manager in our corner and didn’t look at our portfolio for nearly a year.
Same here, 75% of my portfolio is in the red and I really don’t know how long I can stomach the losses. I’m beginning to reach a breaking point.
Patience patience patience. It's a cycle.... a sucky point in the cycle, but a cycle nonetheless.
Hello, I am new when it comes to investing and i would really appreciate if I could get some tips about where it is worth to invest in (ETFs, Stocks, Growth stocks, Dividend stock etc.)
Been watching, listening, and paying attention to all of predictions and forecasts since early Covid. He hasn't disappointed yet 👌
Well said! I am also here to learn how to invest after listening to a lady on tv talk about the importance of investing and how she made 7 figures in 3 months, somehow the video taught me nothing and left me even more confused, I'm a newbie and I'm open to ideas on how to invest for retirement
@@MarcelPhilips lookup KRISTIN GAIL CUNNINGHAM , this is her name online, she's the real investment prodigy since the crash and has helped me recover my loses
@@BrunoLuke Despite the economic crisis and the rate of unemployment now is the best time to invest
@@MarcelPhilips Investment now will be wise but the truth is investing on your own will be high risk. I think it will be best to get a professional👌
@@BrunoLuke Thank you, Going through her profile on her webpage out of curiosity, and surprisingly she seems proficient. I appreciate this.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@Christina-Gisela Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. Bridget Mary Turow, a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
@Christina-Gisela Bridget Mary Turow
Lookup with her name on the webpage
If you’re up 100% in 2 months than you’re most likely in a Ponzi scheme. You need to get away from that fund, those are very unrealistic gains.
Wow, i love that "you work in order to give" and therefore money is not an enemy. If God blesses you with it use it God's way to bring honor and glory to Him(its not your money its God's). And i also love Pastor John Piper's message about abundance, you are prosperous so that you will have enough and the rest of what you have, use to help others. please continue making videos like this that will inspire christians like me to grow more in my relationship with God and read more The Bible and devour it, meditate on it day and night. Oh thank you God for Southern seminary. Godbless you more and more. -Zini,lots of love from Philippines.
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Just on the ownership of money....
1 Corinthians 10:26
for the earth is the Lord’s, and all it contains.
Haggai 2:8
‘The silver is Mine and the gold is Mine,’ declares the Lord of hosts.
Great teaching, and the graphics are really good too, leaving the question on screen is helpful. Well done.
Thank you for this short, well explained talk.
Despite the fact that stock prices fluctuate, what is the best method for capitalizing on the current market? I'm still undecided about investing $400k in my stock portfolio.
The market is volatile at this time, hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/etf you focus on.
I was recently through an investing nightmare during the crash in march 2020. With the assistance of my advisor I have so far grown my dwindling portfolio of $145k to $480k
How can one get a decent investment advisor? I wouldn’t mind getting in touch with yours. In few years I will retire and my portfolio will definitely need some management.
My financial advisor is Nicole Desiree Simon . I found her on a CNBC interview where she was featured and I reached out to her afterwards. She has long helped me with my portfolio and is exactly what you need right now.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
This is bogus. No one invests in a company because they care about the success of the company. People invest to make money...period. You only want the company to succeed so your investment can mature.
He did not say he “cares” about the success of the company he simply said he believes the company is going to succeed! The more the company succeeds the more he gets in return. He Said Nothing Wrong!!
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Yes! 🙌🏼
That's how u think. But good Christians thinks for oneself and for the others too. All should grow together
Thank you! I think the motivation behind investing is the most important
Well said.
The basic idea of investing in stocks is this: To participate in and benefit from the growth and earnings of a particular company, through purchasing shares of ownership. When someone has extra money and they want to look for legal ways to make that money grow, that is considered investing. The stock market gives individuals the unique opportunity to profit off of the growth and ingenuity of some of the world’s largest companies.
You are right.
@@tinamanuel2305 yes..I invest in stock and i trade forex as well. Though sometimes their are ups and downs but i can happily say that, I have made alot of profits especially with the help of expert traders. I see stock/forex as another stream of income. IT IS NOT GAMBLE.
@@sigridlotty9648 it is not GAMBLE when you know what you are doing. I invest in stock too.
If it's not gamble, why do people lose? Well, it might not be gamble but isn't it risky?
@@marissamatty2703
Most people don't put in pre-work required for profitable trading and investment results which draws attention to the huge looses of traders and investors.
As a Catholic, I’m not sure what I’m doing is right. I make around a 10% gain on my controlled limited portfolio (meaning I keep my portfolio at a certain amount and all my gains head straight into my savings). And I don’t necessarily think I’m stealing but I’m taking money away from a stock that people put their money in. Yes this means I trade, I don’t invest. I question if selling more than buying stocks is wrong. Of course I know it’s greed if I use the money for many forms of pride, or materialistic things. I can’t see that being my outcome but I see myself just being more powerful (in a sense). Car problems wont crash my bank accounts. Debt won’t be on my plate. My charities will be even greater. Any thoughts?
Very good explanation for my long time question, thank you pastor
Great stocks and I just bought in on them, but I'm interested in making short term profit, let say turn a $150K to $500k in 6months, I'd appreciate tips on how what stocks to buy to make this much profit.
@maria sandra That sounds great and how do i connect with her ?
@maria sandra Okay i just found her website and left a message for her. thanks.
Scammers
@Fred Howard Definitely a good choice. However, I’d add a stipulation they be a fiduciary financial advisor, not a broker
So you want 300% in 6 months? That’s impossible considering the market only averages 10-20% per year. Anything offering those type of gains is a ponzi scheme
I appreciate how when the plan B company example was used, he applied it personally, not universally. I’m sure many viewers of this video would agree with his conviction, but recognizing that not all would is refreshing.
Perfectly put together. Thank you very much!
He’s wrong
Thank you.. very well explained
I respectfully disagree.
Owning stocks and receiving dividends from stocks quite literally means you're taking the fruits of the labor of the hardworking laborers at the company.
Dividends come from company profits. The workers of these companies are usually not consulted on whether they would like the fruits of their hard-earned work (i.e. the profits) to go to strangers who have not lifted a finger to help in perpetuity. Much less do the workers consent to shareholders having control of the company, including whether the workers should get fired for the shareholders' benefits. Stock owners quite literally leech off the hard work of others when they receive dividends. And typically, shareholders' interests are in direct opposition to the workers' interests. More money going to the shareholders in dividends necessarily means that the workers receive less pay for their work. The money that goes to the shareholders' pockets could go to compensate the workers for their hard work.
Also, buying and trading stocks are not investments in the company itself (unless you bought an IPO). When you buy and sell stocks, that money simply gets passed around between the stock owners. The company doesn't see a dime of the stocks that are traded in the market (unless they do stock buybacks or release new stocks). So, essentially, you're not supporting or "investing" in the company.
When you buy a stock, you're only investing in yourself.
If you believe in, and want to support, an organization and its mission, you can give the money directly to the organization or give them a loan. Otherwise, your commitment to the organization's cause is merely contingent upon your own personal gain.
They work for their wages. It's not the workers' money and it's not up to them what the owner does with the owner's money.
you're soooo wrong with your assumptions.
... and misrepresentation of facts
Brother, just beautiful
What if in order for your investments to succeed others must fail? examples myspace to FB, cable to streaming services, or any company whose success will be dependent on the culture adopting new technologies that replace older ones. If you define gambling by wanting others to fail. Then it seems there will be cases where your ROI will only come by other businesses failing whether it be directly or indirectly caused.
Potential Question - where do our continuationist brothers draw the line with charismatics? Or is it wiser to default to cessationist convictions? Or what do Southern seminary professors believe is a biblical response to the word of Faith heresy?
Hello Dr. Hershel, thank you for this spiritual help. I have a small question. what is your thought on forex specifically please? you answered me very well, but I am a bit iffy on forex specifically. thanks again and God bless you
ruclips.net/video/RCIOwS7SEGQ/видео.html
Also, in gambling the odds will always be stacked against you in one way or another, and the purpose is to build up a rush of adrenaline and excitement before the big win or loss.
With the stock market, part of it is luck, but if you know what you’re doing and how to read patterns and the potential of companies, then the odds can actually be in your favour or it doing well. Especially when you do long-term investing.
And of course, the most important thing about any wealth you have is that you have more responsibility with it and you have more opportunities to give and do something with your wealth. If God gives you wealth, then use it for what you need and then use what is extra to give to those that have a true need for it.
@@mike.p.1400 The way I see it is short term is gambling long term is a win-win.
Thank you sir, gave me a good perspective
Very well said, gives me confirmation. Thank you
He’s wrong
Thank you. I have been struggling with this for over a year, thank you for sharing!
Michael Petty why michael what makes you say that
Michael Petty thanks for the reply! What happens if youve learnt how it really works! I mean i feel like the lord led me to crypto currency realising that i need to help certain people and after finding out how it really works these last few days im not so sure! I mean theres no risk there money wise but im mot so sure! as is this acceptable taking peoples money for the short term for them to gain in the long term! Im a born again so i dont really know! But i know this is my only way to gain the gains i need to be ableto do what i need to do!
Michael Petty the spirit is saying no but it feels like i dont know enough to see what the rules are against it! Il speak to my pastor
It's a very good thing, but still requires wisdom and of course practical application and knowledge. By doing this, especially at a time like right now, we are actually helping people in some very good industries stay employed. We are supporting their companies who have been there for us for years and supporting their livelihood.
Crypto currency however, is not helping any of these working folks. I feel like that one is a Ponzi scheme and people are wise to stay away from it. It has no intrinsic value, it's all digital and it produces nothing. Worse yet, it enables corruption and criminal behavior. I won't be supporting it.
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Well said
thank you Sir
Excellent
what are you guys thoughts on trading options in the stock market ?
Amen.
I used to trade stocks and other financial instrumentals full as a self employed. Greed is the driving force in Wall Street. I closed my trading account after making this observation. I just became a Christian and put my faith in Jesus Christ and not in Wall Street.
Amen brother!! Wall Street has to be one of the most corrupted place in the world. One day it will all come crashing down.
China M Hi. I am not a certified financial advice but can tell you what I observed and did personally. First and foremost, the BEST investment you ever made was giving your life to Jesus Christ as your Lord and Savior as a young person. Personally, I avoid all forms of debt. The Bible says the debtor is slave to the master. Jesus points out that debt is evil. Unfortunately we live in a fallen and fractured world run by the evil one. Satan uses greed and envy to drive people to want and desire more money and material goods with his Luciferian agenda. As such, most businesses and corporations are cutthroat entities putting money over people. Currently, I am researching
how to invest as a Christian thoroughly before I do anything. I am putting my faith in Jesus Christ that he will guide me in the right direction regarding money. God bless you and best wishes.
@China M I used to trade forex online and stopped until I am convinced it is not wrong for christians to do so. However my research so far has been mixed..
@@celticspirit1 What do you think about online froex trading?
Just look at the comments section, full of people under the $$ spell.
I absolutely agree with you. I invest my conscience. I dont invest in pot stocks or short selling. I dont feel its good to wish for someone else to fail. Great video
And that's what i feel we are asked to do. We are too bear the full fruit of our givin capabilities or gift.. If i can bear much fruit. IE im healthy. Have the ability to work than i should work to give much. My son is handicap so he can and i believe is only asked to the bring the fruit to which he is capable. God seems to be very fair that way. To those who much is givin much is expected!..
@Satoshi Stacker I absolutely believe its ok to invest and be well off!.. Actually I feel its a duty as a Christian to invest give back at least equally to our community, for what we have been given. I think we should be pushing for monetary gains to better ourselves and to help our society! Given our gains are not at the expense of others well being.
Amen !
How about day trading ?
What about investing in Bitcoin trading market?
Thank yoi
while I agree with the video nonetheless, I think that a point might be missed here - with the Crypto, NFT race many people have gone into these kind of affairs (stock including) with the desire and illusion that they might become rich overnight. Now investing in these kind of means is not sinful in itself (not many things are) but it highly depends on the relationship you develop over time with these finance tools. Because culture via social media, news outlets, report often on people whom have gotten rich fast, other people follow with the same desire so that they might become rich over night. Now that in itself is sinful and condemned by the Scripture, the desire for wealth in itself, especially when it's driven by greed. Now we all want better for us, for our families, but becoming wealthier should never in itself become what drives us. If this is the way you are investing in stocks/crypto/nfts , and you are obsessed, checking your portfolio 10 times a day, that is definitely what I would not call a healthy 'relationship' and this kind of thing is most likely not for you. If you are a responsible person, that invests wisely, and is not driven by money nor you are obsessed with profit, then most likely you are doing well. Do not search for money, do not become obsessed by it, it will steal your soul and in most cases you will not get wealthy. It is God that blesses and makes one wealthy. Be faithful, seek God, work hard, love your family, and God might bless you. All the best.
Thank you. I was just struggling with the idea that a business career will stand in the way of faith. I should work in order to give !
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Amen 🙏🏾 My main goal is to profit more money so I can help send more missionaries all around the world.
God be with you
God bless you
So, is competition or elections not the same for winner takes all?
Can this be said of trading forex?
So I’m assuming day trading/scalping/swing trading/option contracts are all unethical?
Is it right as a Christian to invest in Lithium stock, Nickel or other metals.
This apply to Forex and Binary Options?
well explained.
risk is when youre not knowing what youre doing.
stock market is transparent.
What about investing in a poker company? Like buying shares or a token(Cryptocurrency) of a poker company?
Sir how about tradeing for christians thank you is it advisable or nor
What about usury?
As lovers of Christ should we not be investing in the kingdom of heaven and not stock markets ? Just something I felt to share 👑
I have a question related to this topic - I am interested in forex trade (foreign currencies). Many people say that it is gambling, but people who do trade there say that it is not. And it is true in my opinion - you do research the history, you do watch the news and you really try to "predict" the trend just as you do it in the stock market. But it is different that you do not invest in any company but you buy some amount of money and then you sell it or you sell and then buy. The system is similar to stock market system. I am at university and I am thinking of a way to get some money - I am studying math and economics so I'd like to do something related to my studies. But I definitely want to do something which is right in God's eyes. Thank you.
I also want to know if this is right for God
@@mike.p.1400 "Look. If you invest. Your gambling.
Do it. The Bible says nothing about gambling.
But investing is a form of gambling."
If you want to prove a point or people to listen to you than you need to use detailed explanations and reasoning backed up with evidence.
@@mike.p.1400 If you can't even write it down in a comment than why bother trying to project your point in the first place?
@@mike.p.1400" Let me try to explain this to even a Neanderthal like you. "
Bruh?
Bying and selling is business bying low selling high that is the principle of business
I think forex trading is just a pure business with risk as every business
Thank you for making this video it cleared a lot up in my mind. I don't want to disappoint the Lord, but I really wanted to invest.. 😊👍
The love of money and the pride of life are from the evil one!
A lot of us invest already. If you have a retirement at work, that is a type of investment. I think it is important that we also take control of our own finances to expand the kingdom of God.
So everybody who says stock market trading is gambling, what if you work for a company and they contribute to an Retirement fund for you. That’s all invested in the stock market. So is it ok to have someone else buy your stocks for you but you don’t buy them. Like where do you guys draw the line without driving yourselves crazy.
"Like where do you guys draw the line without driving yourselves crazy."
Nailed it. I hope those people read your comment
Is it good for Christians to trade in forex? Since there are no companies involved but nations currencies are at trade? Will it be ethical and wise to trade them or invest in them?
Badugu jaya chandra paul Typically such choices in investing don’t pay out too well in the long run. Forex investments rarely change, and if they do it’s usually not for the better. You’re better off investing wisely for the long run in dividend stocks that have a good reputation for having a consistent uptrend throughout their years.
Question: recently I’ve been talking to some people about complimentarianism and egalitarianism. The question that was brought up was this- is it permissible for a woman to share insight from scripture in front of the congregation on a Sunday morning church service (whether by sermon or not)? Thanks and I appreciate your ministry!
Is forex gambling sir ?
What are some good Christian investment firms?
What about the forex market
How about forex ?
Can a Christian do intra day trading?
If an activity is wrong because the participants in that activity wants only themselves to win and all the others to lose then doesn't that make all competitions to be wrong including sporting competitions?
That's actually a really good counter-question. I'd lovr to hear someone's thoughts.
I don't believe so. I think playing a sport can be a healthy way to boost confidence. It can teach us about goal setting, seeing good results with hard work, teamwork, as well as helping us to learn that we can fail, and yet get back up and try harder. It shows us that we will not always win at everything and that's how life is. So we can put things in perspective. It is also a good release for a competitive spirit. Many if not all of us are given a competitive spirit at some level and I think sports are/can be a healthy way to channel that. Now it's when people have a "win at all/any cost" that I think is unhealthy and can get us in trouble because that attitude can also overflow into our lives. These are just a few thoughts. Hope it helps. I tend to think Brother Hershael would agree.
@@ironman2326 I f the "win at all/any cost" is a bad principle then where ever it appears its wrong be it in sports, gambling or where ever else. When people are competing they want to be the only one that wins.
@@gregorys99Sorry I should've clarified. When I say "win at all cost" that insinuates lying, cheating, or any other devious or immoral act to get what you want.
@@ironman2326 Even that happens in all areas of life including competitions of all sorts. Its no more an argument against gambling than anything else.
Idea is good, the reality is different. Stock market is a form of "educating casino gambling".
Insiders ( including politicians ) and street so called "smart money" are big time manipulators and making money on uninformed small ( retail ) investors. Ordinary people believe in fair ( equal chance ) play and rule of law. None of those exist any more. In essence casino is more honest because you know house always win, in stock market you get illusion you can win over house.
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The rabbit hole gets deeper when you start to illustrate to yourself "the strategy" that you have so much hope in. Hope in anything but God is sinful, period. Thats why God loves us to work like we're working for Him, because it's fruitful.
investing in companies is a form of gambling. it is not necessarily a win-win. You are gambling everyday. When you drive vs. taking public transportation, when you eat steak vs. fish etc. Professional money managers are in a competition to see who seek out the best returns. Gambling is just high risk. Is investing in penny stocks immoral? What about mid cap stocks? Or junk bonds? Are high risk equity investments "gambling"? When does investing in a stock not becoming gambling? Even holding your money in cash is gambling. You are gambling on the value of the US dollar vs. all other currencies. Precious metals are historically safe but also subject to the fluctuations of interest rates and the M2 money supply.
I'm not saying that gambling is good, or that people can't ruin their lives over it, but I don't see how you can just draw a line in the sand and say these actions with your capital are moral while these actions aren't.
Well said! A little knowledge behind the financial markets is enough to understand that the whole financial system is built on sand. Anyone who agree with this is either ignorant or deceitful. Money is created by debt through bank loans, investments are handled by companies who do not fear God and do not have not the same moral standards while maintaining a high level of secrecy, and like you said, the competition of the USD against other currency creates a market highly volatile. Also a quick look at history is enough to show that wealth is constantly moving from one set of hands to another. No country and economic structures, no matter how well established has stood the test of time, eventually they all come crashing down.
Matthew 6:19-21; 1 Timothy 6:3-12, 17-19; Matthew 19:16-30.
I needed this thank you
So I have to stay broke and work my whole life working at a job I hate
M P I believe these scriptures are basically saying not to let money control you and to seek God over materialistic wants
dont invest in ministers
Thank you sharing these scriptures. They remind you of what really matters
i feel better because i want every to win!!! guilt free stock (not sin stock ).
30 seconds in and I've heard enough... "It is a win win" This is either one of the most dishonest or ignorant statement I've ever heard. One thing is certain in the financial world, and that is, nothing is ever certain in this world. Businesses sells stocks on borrowed money, and the banks lend money which they do not have. At any given moment, in a slit of a second, the financial system as we know it can come crashing down.
Hey can we have a conversation? I want to discuss more on this topic
@@JJhotdawg Hi there, sure lets talk!! My e-mail is anandacote@hotmail.com. My Facebook Ananda Cote
A situation being a "win-win" doesn't just mean only good outcomes are possible. Here, it means that both parties benefit from a given course of action. With investing, both the investor and the investee gain something. The investee gets capital to do their planned work and the investor is rewarded for assuming risk if the plans fall through. None of that means that investing is a sure thing. But the reality is that you assume risk all the time by driving or even based on what city you live in.
Air pollution varies from city to city. Do you gamble by living where air quality is lower, knowing you're at a higher risk for cancers? Do you gamble based on where you live, knowing some areas are more prone to floods, fires, etc.? Every day we assume risk.
@TheDodicat Explain to me how it's win win? Do you know how banks and Quantitative Easing works? The Stock Market is inflated with debt money and the Feds keep printing money to bail out big companies. With the corona virus going around and thousands of jobs been lost, and with multiple historic market crashes, I think win win is the ignorant statement.
Ananda you are 1,000% correct in every sense. I’ve had the temptation to invest for the first time ever at almost 28 years old and I look back and see the potential or even certain benefits don’t outweigh the principle of just saving my money.
It's all about the motive...
Which is why it is not for Christians, the only motivation should be to love God and thy neighbor.
No asterisks or exceptions.
@@michaelgrimes5588 Did you not watch the video?
@@mike.p.1400 Did you not watch the video?
@@mike.p.1400 exactly. No matter how it’s spun, it’s ultimately gambling in a less direct way. I think we all are just looking for an excuse to make it morally justified.
@@immadomenow that’s right. We are looking for a way to make it morally justified.
Very well said.
People don’t seem to realize that they could loose. It’s possible. I could understand if it was absolutely Rock solid guaranteed that you could not loose. But it’s not.
You could loose. It’s possible !!!!!
This is why when you sign investing documents at the bottom it says something to effect like this. ( please be aware that this is an investment and you could loose any or all of your investment).
Financial risk = gambling. PERIOD!!!!!!!
Why is gambling not a risk because the winner wants to win alone but the stock market is a risk because the investors don't wish that they alone gets dividends? Why ain't both of them two different forms of risks with different dynamics at play for each? What do the dictionaries say? Do the dictionaries agree with the speakers definitions of 'risk' and 'gambling'?
What about when I spend money at a business that is having a promotion and I have to put my receipt (or whatever else) in a box or whatever else to win a prize through the business having a raffle of some sort? Is that gambling? Why? And is it right or wrong?
Gregory S. Gill Wrong on all accounts.
In gambling, the odds are always stacked against you, you have to risk quite a bit of money every time, the rewards or punishments are instant, and it’s done mostly for the sake of the thrill.
In investing, if you know how the stock market works, the types of investing, have the wisdom to choose companies to invest in wisely, and are not willing to approach everything as a gamble where you bet more than what you are willing to loose, then it’s nothing like a gamble at all.
As for companies that ask you to hand in your receipt to win a prize, there should be no risk on your part for taking part in it. There’s no money to be paid up front, and it’s all for free. There’s no hoping that through you betting a lot of money that you’ll win big.
The ultimate conclusion to come to is this; if something to you is a sin, even if the Bible says in general that is okay, then it is still sin since you would be doing that act in the mindset of rebelling against God.
1 Thimothi 6:8,9,10
Of course! God Wills It!
I pray that God may keep our hearts in the right place, and that we can recognize that our possessions aren’t ours, everything we have and own is the Lord’s. I pray that if we also make profits in the investments we make, that we may have a lot to give, to expand the kingdom and do what the Lord wants us to do. That all glory may be His and we can all be prosperous in this manner, only if it is God’s will for it to be so.
Probably not no
I wonder, what about the problem of usury? Isn't this elemental to our entire financial system? How can that be squared with Christian teachings?
I would say this is more central to our investment banking system. By contrast a large portion of our financial system is not built on insurance earned on loans but from revenue gained by businesses through fair trades. But if you would consider usury a sin, as it is for Ultra Orthodox Jews to loan at interest to other Jews, then your investing in the financial markets should be limited to companies that gain most of their profits off of providing a good or service other than credit.
Tithe and multiply ALL of your talents. Simple.
As a Christian can we invest in trades , is it right as per the Bible pls help me
If it’s your money, you can do with it what you want.
💛
Such a nice content & educative. trading should be a lifestyle , the best thing that has ever happened in my life.
It’s very important to trade with a genius person with the master plans to create more security and avoid losses.
Heard so much about trading in FX & stocks, I feel comfortable investing with a lucrative business partner.
Yes you are right , we cannot continue losing money
investing in Forex/stocks can be profitable and also non profitable if you don't know what you doing.
i also invest but the outbreak of this virus has greatly affected my trading and i am in search of a reputable trader, can any one recommend an expert for me
Stock trading, whether it be long-term or day trading, is a business. Business comes with risk, and you need to be educated in your business field to be successful. Gambling also has risk, but you don’t have the control that you do with a business. Even if you’re counting cards playing blackjack, you’re always playing under something you really have no control over. Professional day traders don’t just throw their money in and hope, they come in with a plan, and if done correctly, will benefit you more times than not. You may lose money, but having a good stop loss set up is all part of the plan. Learn from your mistakes, improve your skills. God wants his greatest creation to improve their skills, progress as a species. He wants us to be successful.
Now. If that company makes money by destroying people's lives,..... Then it's wrong.
How about forex, is it sin?
It doesn’t matter patra. It’s all gambling.
Uh.. are we all going to be in denial? You're investing to make more money, period. And people who say they will give once they make more money yeah we'll see about that. The big christian truth is how much we underestimate our capacity for greed. No wonder Jesus told the young rich rule to give EVERYTHING to the poor; not just invest some of it to them. This concept of God owning everything you have will take a lifetime for most Christians to truly come into terms with it. Job certainly passed this test but it was at cost of his whole family and belongings. How much are you willing to lose to find this truth yourselves.
Greatly appreciate your insights. I just started doing the stock market recently and pretty quickly I've started to lose my peace about it. I feel greed creeping into my heart. While searching for answers the only opinion that seems to come up on google and youtube is from christians who argue it's not gambling or a sin, but I sensed they are not being honest with themselves. I feel convicted by the Holy Spirit on this.
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Agreed. I invested in cryptocurrencies and I felt that greed started to take over my life. I withdrew my funds but then checked the market few weeks later and realised how much more money I could have had if I only decided to leave my money on the table. I have suffered from anxiety and grief of the fact that I could be nearly retired now. We as Christians or people with some understanding know that the market is designed for greed purposes. We always will want more, invest more, make more and win more. It will never be enough. Christians without strong foundations can easily become trapped in this cycle of greed.
@@WassupBruddah Amen brother. You really understand how our hearts work when it comes to greed. Recently an uncle borrowed $5000 from me due to some medical reasons. I lent it to him without hesitation and with the thought of the possibility that I may never get it back. But at the end of the day it's just money. We do not take our money after we die; it's just dust in the wind as Solomon said. Yet I couldn't shake off the thought of probably never being able to get that money back and it's not like I'm poor either. I can do without that money and it doesn't affect my life in any way. Then I realized that yes, I was not free from the heart of greed. I could somehow understand the young rich ruler when Jesus told him to give all his possessions. We may criticize the young rich ruler but the truth is 99% of us christians would have done the same thing, and God knows it.
I used to be a big stock market guy. I’ve dialed it back to just old reliable companies and treasury bonds. Day-trading penny stocks is gambling.
@backcountry powderhound All of my positions are dividend paying. So the income is expected. Buying a stock because it might go up is always gambling in my opinion.
Practical Bible Studies There’s a difference between gambling and taking risks. In gambling, the odds are always stacked against you, the reward/punishment is instant, and it’s mostly for the quick thrill of the game.
In investing, if you know what you’re doing, choose wisely, and don’t invest more than what you’re willing to loose, then it’s taking a risk and not gambling.
Even penny stocks are like this since every company is able to go up or down at different rates depending on various factors.
If you approach stock market trading as gambling, however, then you’re not doing it right at all and will definitely loose. It would also be a sin to do it that way since it’s not done out of wisdom or peace but out of greed and selfishness.
trading comes closer to gambling than investing. two different things..not to knock trading
@@Materva-hv6sz trading is less of gambling. Trading is essentially playing black jack but you dont have to play if you dont like the cards in your hand. Trading follows price action rules. It is not. Gamble.
Stock market is good to those who are given from above in Christ. Christians thrive like anything if they are touched by God to prosper in it. God created everything for Christ and all things belongs to Christians because of Christ. Period.
I have a question. The Bible says that we are to have nothing to do with evil. For example, I don't listen to hillsong anymore because I truly believe they are false teachers. Anyway, what if I invest in apple. They support gays, and my investing in them means that I support them. For me I see evil even if it's just a little bit in so many companies so is there really a company that we as Christians can support?
Every company, organization, entity and human being will always have conflicting views with you. Life is not always black and white, there's a lot of gray in between. In other words, I wouldn't think about investing with that kind of thinking because if you dig deep enough there will always be something wrong with the company you invest with. For example, I invest in companies such as Tesla and Waste Management because I love their dedication to make the environment more sustainable, and as Christians we need to care for God's creation (our planet). Do these companies have some values or issues that I may not agree with? Of course! But I would rather invest in these companies than invest in oil and manufacturing companies because of the environmental impacts they have on our planet. I would really evaluate your thinking strategy, otherwise, you won't be able to find many companies to invest in. Remember, you're investing in the COMPANY, not their POINT OF VIEW.
In my opinion this is a really hard topic, but let's say it's unethical for a Christian to support apple by investing in the company. That means that every christian with an apple product should throw it away because by buying and using an apple product you will also support apple
👍🏽
I have a question. Is it a sin for Christians to invest in marijuana stocks?
That’s a really good question! One could say yes and another say no. What does your conscience tell you? If your conscience tells you it’s wrong, perhaps it would be better to invest in something you feel better about.
@Satoshi Stacker What are your thoughts on Dogecoin?
Gambling isn't a sin. In the original law / Torah, I don't recall it being sin. I don't recall Israel being rebuked by the prophets for gambling. Not even Proverbs. And not Jesus/Yeshua.
Can you comment on cryptocurrency.
Short selling is hoping to win and somebody else lose.
That’s not realistic! Everyone cannot do well. It sounds good, but that is not the nature of investments. If the lottery pays for education, and I win, that’s a win win.
What crashed the market in 2008 wasn't the short sellers. The cause was the lenders and borrowers lying on loan applications. The short sellers did the right thing on the truth coming out. This guy has no clue of how the stock market works.
He says “That’s not gambling, that’s risk” so naturally I look up the definition of gambling and here it is:
1: “play games of chance for money; bet”
2: “take RISKY action in the hope of a desired result.”
If it looks like a duck, quacks like a duck, walks like a duck, it’s a duck.
Gambling involves risk. A risk that is unethical . It bets on others to lose and fail. So that , one can earn much from other loses.
Investment in stock involves a risk. But that risk is ethical. It doesn't bet on others to lose. It bets on the farewell of everyone involves in it.
Every duck isn't the same. There are good and bad ducks too. 🤗
@@fyifyi3021 A slot machine has no bearing on anyone but the player, yet it’s still sinful. The gambling of one’s wages is sinful.
There appears to be no NT passage that supports savings or investing for one's long term or retirement needs against the passages that call for contentment and give up of possessions.
Mat 6:19 - Do not accumulate for yourselves treasures on earth
Heb 13:5 - be content with such things as you have
Phil 4:11-13 - have learned to be content
1 Tim 6:8-12 - But if we have food and clothing, we will be content with that. People who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge men into ruin and destruction. For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.
Mat 19:21-26 - If you want to be perfect, go, sell your possessions and give to the poor
Luk 12:33 - Sell your possessions and give to the poor. Provide yourselves purses that do not wear out-a treasure in heaven that never decreases, where no thief approaches and no moth destroys.
Amen, I still couldn't imagine someone called me a fool when I've dreamt of contentment. God Bless for those who seek the Word of God.
@@chrisa.515 No, you haven't addressed all the verses. Unfortunately, this is typical; no one cares to grapple with such verses; just ignore them is the final conclusion of many.
@@chrisa.515 That doesn't address what Lord Jesus said. Please address the verses or cease. You are arguing from the practical and the economical, not grappling with the text.
@@chrisa.515 Re "The Parable of the Talents" (Matthew 25:14-30)" -- That's other-people's-money OPM.
"And if being wealthy and successful is so wrong then why are so many Jews (God's chosen people) blessed with financial wealth and prosperity?" -- Are those same people calling upon Jesus as their King & Messiah?
"Being wealthy and successful isn't sinful, being greedy and dedicating your life in pursuit of money and things is." -- If you find yourself wealthy then one day you are born from above then you read the NT verses I cited above; what would you do or say?
"Jesus was speaking directly to the disciples here who had a special mission" -- We who follow Lord Jesus are disciples as well. I think you meant apostles.
To whom is there verse below referring?
Do you invest your money in the financial markets? Do you wish for your money to grow or to accrue gains vs losses? The love of money is clear as day; so we agree on that; but, it seems to me that desiring a 12% ROI is problematic in view of the banks providing a less than inflation rate measly 2% ROI (at best). How do you reconcile that with "But if we have food and clothing, we will be content with that"?
1 Tim 6:8-12 - But if we have food and clothing, we will be content with that. People who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge men into ruin and destruction. For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.
@@chrisa.515 No, not yet. That's one of the questions that needs to be resolved.
Matthew 25, Jesus tells us specifically to trade our money. Luke 16 Jesus praises the shrewd manager. Christians gotta stop being so adverse to money and having more than just enough but having abundance. Most are simply weaponless warriors.
Then sir is it okay to intraday trade according to the bibe.
I am very confused about this question and I don't get an answer from anywhere
It’s extremely misleading to some people watching this video who may be ignorant, to call investing in the stock market, a, “win, win.” ...
Also, he misarticulated why the housing market housing market failed.
Finally, it’s kinda dumb to make people worried about investing in medical practices they’re morally against. Those aren’t publicly traded companies, lol.
I think regarding the housing market the issue was greed. which is a sin.
"It’s extremely misleading to some people watching this video who may be ignorant, to call investing in the stock market, a, “win, win.” ..."
Please explain further
"Also, he misarticulated why the housing market housing market failed. "
What do you believe happened than?
It can be a win win win, or even more wins brother when you enter a trade you buy the liqudity that was made by oposite contracts 2 people can have oposite contracts and still win for example a swing and a scalp, also you are helping the firm with your fees and the exhchange you are on and you are helpijg other traders investors because you are providing liquidity for them to trade, no one is forced in this open market so they make their own decission on whether they wanna buy or sell
sorry my friend anywhere u take it its gamling either u win or lose
Exactly
So pretty much if u buy puts your gambling... jk great video God bless you sir.
Is investing into DOGE coin a sin?
Yes. It's speculative investment akin to gambling. It is designed to make people lose money so that big players can have a better return. I have invested in the market and while you can make profit it is usually for people seeking to make a quick buck for themselves rather than thinking about the instruments they invest in. I found myself looking like a slave, checking charts, following trends and investing more money. But I am struggling psychologically with my decision. I would advise you to avoid the market and focus on ftse, nyse. Cryptocurrencies are not for Christians. I learnt my lesson
Absolutely. I feel we are on the same page here. Deep inside we both know that it's pointless and accumulation of wealth breeds greed and corrupts the heart but temptations are sometimes irresistible especially if we seek wealth. It can blind our hearts. Problem with cryptocurrencies is that once you invest a lot of money it is so difficult to let it go :( Any advice brother?
Exactly my experience too. I had this image of living mortgage free and retiring early. I didn't lose that much but I missed out on huge returns for getting out too early. The volatility scared me too much. I never trade. Trading is haram. I only invest but I was too greedy and invested too much money ( also haram ). More than I can lose. Know that even with our losses our experiences made us who we are and made us rethink what really matters in life. Because of my difficult time I started to seek God and appreciate small things in life. Where If I was now filthy rich I would most likely turn away from God and live very materialistic life. I am thankful for God showing me this but sometimes it hurts. I only invest in Crypto very long term now but with much smaller sum of money. Even when I am making small profit now I don't feel as satisfied as I was before investing. It just showed me that money never made me happy in the first place but your relationship with God, People and yourself. stay blessed and you have a very wise mum! I don't recommend investing in cryptocurrencies to any of my friends. It is a trap for beginners and can easily turn it into addiction and lost friendships. Family, Friends are way much more important than any money
Thoughts on investing in bitcoin??
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should the stock market invest in christians?
"whatever is more than this is of the evil one", so contracts of any kind are inherently sinful since they are essentially complicated yes and no's, ifs and thens that are wicked devices of the rich, the devil. Has anyone ever seen a cartoon about signing your soul to the devil? Paul says to work with your hands, not take out loans, and build portfolio's. "LOVE NOT THE WORLD". Anyway.
If you invest in Microsoft which invests in Open AI and Microsoft wins, then Google and Meta lose. It's not win-win, it's win-win-lose-lose. What about short-selling? Is he saying it's ethical to invest but not ethical to short-sell? Did Jesus say this in the Bible?