Theology behind prepping and even investment in general

[createdtoworship]

You'll sort it out in time.

It's ok. Have you ever tried to open a door repeatedly but it's locked from the inside? That is sort of like me and being a stock trader. God has told me repeatedly not to go this route, but to me it was the easiest so I took it. But it was not from God. That does not mean people can't do that. But God has something bigger I feel. It may not make more money, here and now, but it will definitely provide more fruit. My cousin just purchased a huge house on three acres in Tennessee a few hours from Memphis. He took the call to be a pastor. God had blessed him financially, and he wasn't a stock trader at all. See God can do amazing things and it does not have to involve finance at all. Oh we should have a savings and checking account and preferably a long term retirement. But God doesn't need investment at all. As My life has shown as well, God provided a buyer that was offering double for our house. That will allow us to buy another house and a few used cars, and hopefully update it, put some solar on it, update kitchen or backyard fencing and have some more equity in it. But the Lord knows. If our buyer recovers from her surgery we will contact her again. But she seem way way over excited about it. More than we are. So it's all in God's timing. But it's been a waiting period, it's been three months since her contacting us. But it's all good. Good things come when we are patient. Abraham waited 80 years for the promise of a child heir, moses waited 40 years to enter his calling. But I absolutely love the stock market, but I think what I love about it is the convenience. The digital lottery of picking a winner, and betting on it. Which is like gambling. It's a sanctified gambling yes. But a gambling I am addicted to. So I feel the Lord telling me He will provide from other ways. And if there is an absolutely perfect trade that comes my way, I will be watching, but convincing my wife that I won't lose more money is another thing. I can convince other people faster than her. She don't trust me with stocks at all. That is part of why I think God is calling me out of investment. There are many ways of investing. Like I said, you can flip houses, etc.

 

[createdtoworship]

duplicate

 

[createdtoworship]

You'll sort it out in time.

yeah don't worry about me. By the time I retire at 67, according to a compound interest calculator I will have 1.5 million. That is if I regularly monitor it and pray over it.

here is the chart...

you can calculate compound interest here:
Compound Interest Calculator | Investor.gov

the above figures are with 7,000 initial investment, and adding less than 300 a month, which is my current contributions. I am making about 20 percent a year in something called blackrock healthcare mutual fund. SHSAX

healthcare sectors may not always do as well but currently this is the most stable higher risk mutual fund in our account.

But by the end, you can simply put into a corporate bond at 5% apr, and get about 75,000 a year income for retirment, and not touch your principle at all.

by the way every few days I pray if God wants me in SHSAX or a cash fund, which is like a bond fund. I go back and forth all the time, but God has still blessed me with about 13 percent this year. Not much, but better than losing. And I feel by the end of the year it will be closer to 20.

I don't rely on technical or fundamental analysis of markets, although I do watch financial channels as a hobby, if I see something concerning, I simply pray and ask God what He wants.

 

[OldWiseGuy]

yeah don't worry about me. By the time I retire at 67, according to a compound interest calculator I will have 1.5 million. That is if I regularly monitor it and pray over it.

here is the chart...

View attachment 267615

you can calculate compound interest here:
Compound Interest Calculator | Investor.gov

the above figures are with 7,000 initial investment, and adding less than 300 a month, which is my current contributions. I am making about 20 percent a year in something called blackrock healthcare mutual fund. SHSAX

healthcare sectors may not always do as well but currently this is the most stable higher risk mutual fund in our account.

But by the end, you can simply put into a corporate bond at 5% apr, and get about 75,000 a year income for retirment, and not touch your principle at all.

by the way every few days I pray if God wants me in SHSAX or a cash fund, which is like a bond fund. I go back and forth all the time, but God has still blessed me with about 13 percent this year. Not much, but better than losing. And I feel by the end of the year it will be closer to 20.

I don't rely on technical or fundamental analysis of markets, although I do watch financial channels as a hobby, if I see something concerning, I simply pray and ask God what He wants.

I have to applaud your optimism.

 

[createdtoworship]

I have to applaud your optimism.

I could have been pessimistic and said to myself, I am not going to save because I fear the market can go down any moment. It's been at all time highs for two years now. I could have never started my 401k, I have saved 7,000 in two years. Just from putting in my raises. So I don't really understand market fears. God is not honored by our fear of the market dowturn. If we follow Him and trust Him He will guide us. We don't have to be afraid, that was the whole point of this thread and putting it in the prepper forum. People are bunkering down and afraid of what tomorrow holds, Well I know who holds tomorrow. The Lord does. I would love to see a dollar cost averaging the general market since inception. I am sure it would be close to a thousand percent return. If the general market does not perform well, pick a sector fund, if no sectors are not doing well go to corporate bonds. But there is absolutely no reason to fear for recession. billionaires look forward to recessions to buy in funds at a discount.

 

[OldWiseGuy]

I could have been pessimistic and said to myself, I am not going to save because I fear the market can go down any moment. It's been at all time highs for two years now. I could have never started my 401k, I have saved 7,000 in two years. Just from putting in my raises. So I don't really understand market fears. God is not honored by our fear of the market dowturn. If we follow Him and trust Him He will guide us. We don't have to be afraid, that was the whole point of this thread and putting it in the prepper forum. People are bunkering down and afraid of what tomorrow holds, Well I know who holds tomorrow. The Lord does. I would love to see a dollar cost averaging the general market since inception. I am sure it would be close to a thousand percent return. If the general market does not perform well, pick a sector fund, if no sectors are not doing well go to corporate bonds. But there is absolutely no reason to fear for recession. billionaires look forward to recessions to buy in funds at a discount.

If a recession meant higher interest rates I would benefit, however a recession would hurt many people therefore I don't want one.

 

[createdtoworship]

If a recession meant higher interest rates I would benefit, however a recession would hurt many people therefore I don't want one.

normally in a recession interest goes down because the fed tries to normalize, but they can only go to zero. After that they cannot lower interest anymore, unless they want to go negative, which has been proven ineffective. But there are some economists that still think the FED will go negative, I don't think so.

 

[createdtoworship]

duplicate, sorry

 

[yeshuaslavejeff]

Serving God or man ?

God's way or man's way ?

"Getting" or Giving, self-protecting, or self-sacrificially as Jesus said ?

 

[createdtoworship]

Serving God or man ?

God's way or man's way ?

"Getting" or Giving, self-protecting, or self-sacrificially as Jesus said ?

Just being faithful with what God has already given us (parable of the talents).

 

[createdtoworship]

Good. Thanks be To Yahuweh (God) Sovereign Creator through our Lord and Master and Savior Jesus Christ !

Financially speaking God's word is pretty broad.

I am a cautious investor...no risk whatsoever. Federally insured savings only. It's the 'turtle' way of saving but I'll get there.

Seek first the kingdom of heaven. Rid yourself of hatred, malice, anger, destructive impulses, lewdness, porn and lies.

It may seem like God puts up obstacles to your success, but too often a person fails for not investing time wisely.

Many times I thought a recession is coming and it did not come. The Fed provided more liquidity. Recessions were more common in previous decades. I am sure Ponzi schemes will collapse. I know not when.

I was an unsuccessful gardener. The Florida sandy soil is full of nematodes. One needs an irrigation well as county water is expensive. Back yard citrus trees that were the pride of many homeowners have been decimated by citrus greening disease. I planted a deciduous fruit tree and a mouse or rabbit stripped its bark. It was like the Book of Job. I could not make it as a gardener. My first investment was in a mining company making fraudulent statements. The stock promoter recommending went to jail for fraud in a different case. I was wiped out. After 25 more yrs of business studies, I have some income producing securities. I thanked God, for God did not cause my downfall. God argued for my rehabilitation.

About 40% of my investible assets are in an S&P 500 fund. It beats over 50% of actively managed funds. I have some dividend stocks, foreign stocks and growth stocks. I have some long term investment grade bonds paying about 5% that were purchased when interest rates were higher.

My home does not count towards my investable net worth even though it is paid for. If I do not move often, owning my own home makes sense. A home that once cost about $30,000 c. 1970 is worth about $300,000 decades later. There are rent vs buy calculators that help people decide whether it is cheaper to buy or rent in certain areas. In 2009 people learned housing prices do not always go up. The stock market went up and down. Look at a 50 yr chart of the S&P 500 for what a long term investor might achieve.

Last year the market tanked about 20%. I held my S&P 500 fund shares and added to them in late December. It was a major win. I am 60 and feel I have learned too little too late in life.

I also studied charities and the Bible. This brings some joy, more than counting my money.

Dividend stocks are good because some companies increase dividends through the years.

Some learned real estate rental investing and reaped profits.

Learning basic business accounting principles may be a plus.

Studying health and nutrition turned out to be a good investment for some as they avoided bypass surgery by learning a heart disease reversal diet.

Just had an investor say, jobs growth is high, there will never be a recession. It's that type of confidence you sell into. Buy the fear, sell the greed. I have an updated yearly trading plan, pre recession, during recession, and post recession as well as insurance against collapse. It is available to any christians who message me, I won't post it in open forum. It is not for sale. But don't share with other people you don't want the secret out of the bag. So if you want it just message me. It's about 14 pages and has charts of various macro indicators, as well as some good opportunities. I include some of my personal learning curves along the way, I am not positive God will or will not allow me to venture along the investment path, but I figured I would learn all I could about it just in case. I don't see how someone cannot come out very well ahead during this next crisis, and leading up to it, if most of the principles are followed.

 

[yeshuaslavejeff]

I don't see how someone cannot come out very well ahead during this next crisis, and leading up to it, if most of the principles are followed.

Worldly-ly, carnally-ly, but what about Spiritually-ly..... as

where someone's treasure IS, what they COLLECT, what they KEEP, what they spend time ON,

and maybe (definitely) most importantly-ly : what are they counting on, hoping for, and WHO do they trust and DO they DO what God Says to DO ?

 

[createdtoworship]

Worldly-ly, carnally-ly, but what about Spiritually-ly..... as

where someone's treasure IS, what they COLLECT, what they KEEP, what they spend time ON,

and maybe (definitely) most importantly-ly : what are they counting on, hoping for, and WHO do they trust and DO they DO what God Says to DO ?

Yes, sir that is part of the principles mentioned. God over sees all of our lives. He comes first. But part of His will is to be faithful with what we have now. If we don't take care of the assets God has given us, according to the parable of the talents, "what they have will be taken."

 

[dqhall]

Just had an investor say, jobs growth is high, there will never be a recession. It's that type of confidence you sell into. Buy the fear, sell the greed. I have an updated yearly trading plan, pre recession, during recession, and post recession as well as insurance against collapse. It is available to any christians who message me, I won't post it in open forum. It is not for sale. But don't share with other people you don't want the secret out of the bag. So if you want it just message me. It's about 14 pages and has charts of various macro indicators, as well as some good opportunities. I include some of my personal learning curves along the way, I am not positive God will or will not allow me to venture along the investment path, but I figured I would learn all I could about it just in case. I don't see how someone cannot come out very well ahead during this next crisis, and leading up to it, if most of the principles are followed.

If you search for the cheapest grocery store, Black Friday sales, better CD rates, lower rent or home prices, you are doing investing principles.

Some held stocks for the long run and saw growth. Some people bought homes and lived in them for decades and saw their value rise.

 

[createdtoworship]

If you search for the cheapest grocery store, Black Friday sales, better CD rates, lower rent or home prices, you are doing investing principles.

Some held stocks for the long run and saw growth. Some people bought homes and lived in them for decades and saw their value rise.

I agree whole heartedly, there are lots of tips on how to save money, I call it passive investing.

 

[dqhall]

I agree whole heartedly, there are lots of tips on how to save money, I call it passive investing.

That is index investing.

 

[createdtoworship]

That is index investing.

passive investing is actually long term buy and hold investing. That is the technical definition, but I define it as any investment that is not active. That can be tuning up your car to save on gas, or weather stripping your home, investing in insulation to save energy and money. That is investing. It's just passive. And yes index investing is part of passive investing. All this stuff I get into, I mention some stuff I can't talk about here due to the "no advice" rules of the forum. If any one is interested and wants a copy they are totally free, and I simply do my best to give my recommendations for the coming recession, defensive plays for investing, and offensive strategies. But to be honest if you are following the Lord all this stuff should come to you naturally through the spirit. You don't need me or anything I write. The Lord is the same Lord and reveals His wisdom liberally to all who seek Him in repentance and humility.

 

[OldWiseGuy]

All this stuff I get into, I mention some stuff I can't talk about here due to the "no advice" rules of the forum.

How can we help our brethren if we can't give good advise?

 

[createdtoworship]

How can we help our brethren if we can't give good advise?

I think because you have a lot of unprofessional people posting advice, and if it's not sound advice it can be dangerous especially if it's medical advice. But same thing with stock picks that are not a good investment. I have a download link I can send anyone who wants it, it's just some tactics I will use in the coming recession, some of it I mention here, I also get into how to time the market recession perfectly as far as bottom and when to get back into market. Just message me and I can send a link to you. I gave it to three people today at work.

 

[OldWiseGuy]

I think because you have a lot of unprofessional people posting advice, and if it's not sound advice it can be dangerous especially if it's medical advice. But same thing with stock picks that are not a good investment. I have a download link I can send anyone who wants it, it's just some tactics I will use in the coming recession, some of it I mention here, I also get into how to time the market recession perfectly as far as bottom and when to get back into market. Just message me and I can send a link to you. I gave it to three people today at work.

Thanks for the offer, but I have an entirely different approach to making it financially (slow and steady). I'm also pretty well fixed financially.