Today we watched an excellent video message by founding and lead pastor of Lifechurch.tv Craig Groeschel on saving and investing. Here's his three rules of investing wisely:
1. Don't invest in things you don't understand. Proverbs 24:3-4 says "By wisdom a house is built, and through understanding it is established; through knowledge its rooms are filled with rare and beautiful treasures." NIV
2. Don't put all your eggs into one basket. Ecclesiastes 11:2 says "Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land." NIV
3. Don't try to get rich quick. Proverbs 13:11 says "Wealth from get-rich-quick schemes quickly disappears; wealth from hard work grows over time." NLT
Read any book on investing and it will only tell you exactly what the Bible has said all along! And remember: You don't benefit from the parts of Scripture you read, only the ones you apply!
Recommended Resource: Wealth to Last by Larry Burkett and Ron Blue
1. Don't invest in things you don't understand. Proverbs 24:3-4 says "By wisdom a house is built, and through understanding it is established; through knowledge its rooms are filled with rare and beautiful treasures." NIV
2. Don't put all your eggs into one basket. Ecclesiastes 11:2 says "Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land." NIV
3. Don't try to get rich quick. Proverbs 13:11 says "Wealth from get-rich-quick schemes quickly disappears; wealth from hard work grows over time." NLT
Read any book on investing and it will only tell you exactly what the Bible has said all along! And remember: You don't benefit from the parts of Scripture you read, only the ones you apply!
Recommended Resource: Wealth to Last by Larry Burkett and Ron Blue
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