Does God approve stock market?

[friend of]

What do you think is this a legitimate way to obtain money? is it gambling? Should we make money this way? What do you think?

Blessings

 

[alsughasoughaiuyfygh]

.

 

[yeshuaslavejeff]

What do you think is this a legitimate way to obtain money? is it gambling? Should we make money this way? What do you think?

Blessings

Since SO MANY people are HURT by it every day, it is not for Ekklesia to dabble in NOR to count on.

 

[yeshuaslavejeff]

Just did inmternet search for the wickedness of the stock market (exposed decades ago by sound true Bible teachers and even secular economists, I think) ....

Here is the first search result (unvetted) >>>
About 1,470,000 results (1.26 seconds) Search ResultsWeb resultsThe Stock Market Scam! - Jesus is Saviorhttps://www.jesus-is-savior.com › Evils in Government › stock_market_scamListen to Gerald Celente Expose the Stock Market as a massive gambling fraud! ... For the love of money is the root of all evil: which while some coveted after, ...

 

[yeshuaslavejeff]

and another witness:

The Truth About The Stock Market
"Many people have destroyed their lives by living to make money. Notice carefully that the Scriptures are speaking here to "they that will be rich" (That is--they are NOT rich yet). Millions of people have "pierced themselves through with many sorrows" by trying to retire early or "get ahead" in life. In case you haven't figured it out yet, kindly said, the rich men who control our government and economy DON'T want us to prosper. I mean, when you have to pay for 3 houses just to buy 1, something is dreadfully wrong!

When we have to keep paying into the social security system while being told repeatedly that it may NOT be there for us when we retire, something is very wrong! When we heard of Enron retirees being cheated out of their life-savings, we definitely knew something was wrong (some people personally lost over a million dollars). The most sickening part is that the politicians in Washington condoned Enron executive's crimes by doing nothing to prosecute them. This is because Enron made large campaign contributions to those politicians. God will judge those evil people!

In light of all the corruption, government scams (like $59,000,000,000 being stolen from the HUD program), corporate crimes, deficit spending, increased taxes and so forth...I have no desire to even try to play their game anymore. I have no desire to "get ahead" in life. I could care less about working overtime, but that's me. I don't live to work. I won't do it. I want to spend the time with my wife and children. I'm not a slave to their system. I've never bought a lottery ticket in my life and don't plan to start now (it's just an added tax on the stupid). I don't gamble at casinos and wouldn't be caught dead betting on horses (why give those greedy men and women your money?).


The Stock Market is a Scam, Controlled from Within

I also avoid the stock market, it is a man-made invention designed to take away the public's wealth, it is a scam. This has been documented (if you read beyond the newspaper). Read the following article from Richard Ney's book titles, "The Wall Street Gang" (temporarily out of print).

"The hard-hitting market critic, Richard Ney, has written three books that I know of. His first, and probably most famous, is The Wall Street Jungle, written in 1970. He next wrote The Wall Street Gang, published in 1974 by Praeger Publishers. Chapter 2 of the latter book opens as follows:

"It is no accident that most investors lose money in the stock market. Their losses are an inevitable by-product of their ignorance of how little they know about the invisible world of the Stock Exchange. Like machines dominated by external influences, they are capable only of mechanical action.

Regrettably, the arrangements that exist to preserve the traditions and legalize the frauds of the security industry are inseparable from the general organization of a society controlled by the financial establishment, a society whose laws and principal customs have been contrived to serve the special interests of the financial community. Thus, although the Stock Exchange's most profitable practices clearly compromise the freedoms granted others by the constitution, Exchange Insiders are granted immunity from the legal obligations and penalties that should be imposed on them."

In 1975, Ney published his third book, Making it in the Market: Richard Ney's Low risk System for Stock Market Investors."


Would You Pay $100 for a Gallon of Milk?

I have read so many website articles which speak of the stock market as a scam, but then they proceed to tell you how you can make money by following their advice (don't do it!). I studied the stock market long enough to know that it's all a big scam.

In the first place, the whole concept of a P/E ratio (price-to-earnings ratio) is a joke. People are suckered into paying 20, 30, sometimes even 100 times what a stock is actually worth. There is NO true value. "

 

[Jeshu]

Since when is speculating on the future a by God approved activity? A kin to witchcraft and astrology in my books. Love for God and love for money cannot walk hand in hand ever.

Peace

 

[Carl Emerson]

What do you think is this a legitimate way to obtain money? is it gambling? Should we make money this way? What do you think?

Blessings

It depends on how you approach it.

God does not condemn business or making an honest profit.

I have worked ten years on a trading programme as a secondary income in retirement. I would guess I have invested about 1200 hours and eventually expect a return for my effort.

 

[yeshuaslavejeff]

a honest profit.

Key words.
Stacked Market, not honest. Rigged. Worldly, corrupt.

 

[Contenders Edge]

God does not condemn the acquisition of wealth, but He does condemn putting your faith in and in acquiring wealth by means that are dishonest. As for the stock market, scripture makes no comment. If you have not done so already, I'd do some research before delving into it.

 

[yeshuaslavejeff]

God does not condemn the acquisition of wealth, but He does condemn putting your faith in and in acquiring wealth by means that are dishonest. As for the stock market, scripture makes no comment. If you have not done so already, I'd do some research before delving into it.

The research was all accomplished last century, and few find it.
Perhaps someone in the next week will be able to find more than was already posted that is in the links earlier? (that expose the evil of the stock market).

 

[Contenders Edge]

The research was all accomplished last century, and few find it.
Perhaps someone in the next week will be able to find more than was already posted that is in the links earlier? (that expose the evil of the stock market).

There is nothing necessarily wrong with the stock market itself. Just the participants involved and the people controlling it.

 

[yeshuaslavejeff]

There is nothing necessarily wrong with the stock market itself. Just the participants involved and the people controlling it.

GOOD ! ?? If you know the evil in those controlling the market, as shown in the links earlier, clearly,
then
isn't that exactly like saying there's nothing wrong with the abortino clinics itself - just the participants and those controlling them !? i.e. yes! those who participate and those who control them are sinning.

 

[Carl Emerson]

My specialisation is trading foreign exchange.

There is corruption everywhere, it is unavoidable.
We need, however, to avoid being stained by it.
This is achieved by maintaining honesty and integrity.

 

[Carl Emerson]

Jesus does not call us to a pietistic withdrawal from the world, He was a friend of sinners, sowing truth as He went about His Father's business.

 

[Contenders Edge]

GOOD ! ?? If you know the evil in those controlling the market, as shown in the links earlier, clearly,
then
isn't that exactly like saying there's nothing wrong with the abortino clinics itself - just the participants and those controlling them !? i.e. yes! those who participate and those who control them are sinning.

You are attempting to draw a moral comparison where there is none. Abortion is altogether murder because it is the killing of a baby and running an abortion clinic empowers the senseless murder of innocent people but participating in the stock market is not in and of itself an evil thing because you can buy and sell stocks without doing anything evil, but it is important to know what it is that you are getting yourself into and the risks involved before participating in that system.

Now, if you have an aversion to participating in the stock market, then that is your choice, but because the scripture has nothing to say about that kind of a system, we shouldn't hold in contempt those who decide to participate in it. That is a matter that is between them and God.

 

[Romans 8]

My specialisation is trading foreign exchange.

I'm happy to know that a nice gentleman as yourself is the one who received the money I deposited at the FX Broker Foreign exchange takes a special psychology and patience which I do not possess.

To reply to the OP, stock brokerage and trading is not gambling when you know what you're doing. It's a skill. Actually, gambling in the form of poker is also a skill, but the ability to scale up the profits doesn't exist with gambling as equally skilled players merely pass their money around the table.

PS. I do believe trading is a proper career which God does approve...

 

[Guojing]

What do you think is this a legitimate way to obtain money? is it gambling? Should we make money this way? What do you think?

Blessings

Jesus in some of his teachings in the 4 Gospels, did approve of putting money in the bank to earn interest, so I don't see why he would reject the stock market.

After all, one important reason why banks could pay interest is because many people borrow the same money, from savers, to set up businesses.

 

[Aussie Pete]

What do you think is this a legitimate way to obtain money? is it gambling? Should we make money this way? What do you think?

Blessings

I'm in the stock market. I have shares in a number of companies and mostly they've done well. It's ungodly but so is everything to do with the world. What it achieves is to take money out of the world system and bring it into God's kingdom. I did not invest lightly. I've already sold shares, at a good profit, so I can offer a service to believers at no cost to them. Money in the bank is decreasing in value in real terms. Anyone investing needs to pray about where to invest. It's easy for shares to lose value. You need the Lord to show you how to go about it.
Some schemes are pretty much gambling. Avoid them like the plague. The only winners are the promoters. There are plenty of scams around. Above all, do not panic when a share drops in price. If it was worth investing in, it will eventually come back. Again, seek the Lord on what to buy.

 

[SeventyOne]

What do you think is this a legitimate way to obtain money? is it gambling? Should we make money this way? What do you think?

Blessings

Of course it's gambling. However, I've never seen the condemnation of gambling in the scriptures.

 

[Romans 8]

Of course it's gambling. However, I've never seen the condemnation of gambling in the scriptures.

Gambling often manifests itself as an addiction. Addictions are often influenced by the demonic. If it's a night out in Vegas on holiday, fine. But Friday night every week at your local casino isn't exactly wholesome.