There is no scripture which says, “Thou Shalt Not Invest In An Index Fund.” So, we’re left with the challenge of interpreting and applying relevant scripture to our investing activities.
A janitor can save 10% of his income from the ages of 18-65 and retire with $2.5 million, or $5 million by saving 20%, and so on…
People living in the United States today have been given more knowledge, opportunity, and resources than any other human beings in the history of this planet. We know that to whom much is given, much will be required. What is the proper response to that admonition?
CVS Caremark announced yesterday that it would stop selling all tobacco products later this year. It’s so easy to denounce businesses when we see them doing something that we don’t like. But for some reason, it’s tough to muster an equal but opposite reaction when a company or individual does something that is worthy of praise.
This is a copy of a letter I sent to Target Corporation’s Investor Relations Department.
Everyone seems to be expecting rates to continue to rise this year. There is almost always some mention of rising rates in articles that discuss dividend oriented investments such as REITS, MLPs, or high yielding stocks such as AT&T (T). It’s starting to drive me a little crazy, because most people seem to be missing a very important point. The valuation of all stocks should come down as interest rates rise.
NuStar Energy is an interesting company that does a lot of things right. But, will they ever be able to make up for their past mistakes? You decide.
Just because we paid Social Security tax when we were working doesn’t mean future generations have any moral obligation to do it for us.
When I was first starting out, there was a frequently perpetuated myth that “your house is the most important investment you will ever make.” If that turns out to be true, then you have made some mistakes along the way.
As I was thinking and praying about this topic, God spoke to me through 1 Corinthians 12:4-6, “There are different kinds of gifts, but the same Spirit. There are different kinds of service, but the same Lord. There are different kinds of working, but the same God works all of them in all men.”