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Pastimes : JESUS and FINANCIAL FREEDOM -- Ignore unavailable to you. Want to Upgrade?


To: Chris land who wrote (369)1/6/1998 9:53:00 AM
From: Sidney Reilly  Respond to of 1283
 
Chris,
Sounds like you've been talking to my wife!<ggg>
Bob



To: Chris land who wrote (369)1/6/1998 11:13:00 AM
From: gregor  Read Replies (2) | Respond to of 1283
 
Dear Chris:

i. e. investing or gambling..

This would be a good topic for a book. I will start by saying that if you could take the time to browse all the posts on this thread the topic has been discussed several times.

Mat 4 : 8-9 Again the devil taketh him up into an exceeding high mountain and sheweth him all the kingdoms of the world and the glory of them and saith unto him, all these things will I give thee if thou wilt fall down and worship me.

It all depends on what you worship, and God has placed in us all part of us that must worship, something or somebody.

There is nothing inherently sinful in investing. The very act is based upon wealth or perceived wealth or value. All wealth belongs to God and comes from the ground, gold, silver, timber, metal,human endeavor -- for we all will return to dust. Man is the greatest wealth of all, and how can one man own another?

Deut: 8:18 But thou shalt remember the Lord thy God: for it is He that giveth thee power to get wealth, that he may establish His covenent which He sware unto thy fathers as it is this day.

People sit back and wait on God's blessings to fall out of the sky. He said He gives the power to get wealth. My definition of wealth may be vastly different from yours. The lust of the eye that satan tempted Christ with, the pride of life, the lust of the flesh, all have a lot of power over the souls of man. Be careful, be respectful, of them, they can steal, kill, and destroy.

Sadly, many christians, and I assume you are one , and I assume you invest, do not know the difference between investing and gambling. Investing, or if I could include this topic in a much broader topic of christian stewardship, is not a game, I repeat it is very serious in God's eyes. It is indicative of many individual characteristics and aspects of our christian lives.

For the same reason many people feel that the way they behave on the job has little bearing with how they will eventually determine their destiny.. I ask you, where do most people spend most of their time. ?

Be wise, do not be foolish. Look at the book of Nehemiah. A 12 % rate of interest being paid out will put you in financial bondage over time. Are you borrowing money to pay taxes?

So, the opposite in my way of thinking will also prevail. A 12% rate of return over time will show you have been a great steward, will put you into the realm of prosperity, will make you the head and not the tail.

Also watch those gates in Nehemiah. The water gate-- the flow of God's wisdom and grace.The fish gate-- be a fisher of men..The valley gate--don't always take the easiest pathway. The dung gate-- get rid of your excesses. The fountain gate--don't forget to exhibit to God your thankfulness for His blessings. One of my favorites- the horse gate--watch those expensive cars, high monthly car payments, debt city.

Hope you enjoy all the blessings of the Lord this year. In a major way your peace, and joy. That all your needs be met and a "few of your wants". That is always my prayer for myself...In Christ .gregor



To: Chris land who wrote (369)1/6/1998 1:30:00 PM
From: WTCausby  Respond to of 1283
 
My two-cents worth on the issue of whether putting money in stocks is gambling: I don't believe it is necessarily the same thing, but in certain cases putting money into the stock market is tantamount to gambling. Gambling deals with a number of areas, including risk, reward, odds, luck, chance and greed. To some degree, putting money into the stock market has all of these elements and to that extent they are quite similar. To the extent that luck, chance and greed control then whatever one is doing comes closer to gambling than investing. "Investing," in the true sense of the word, is, in my opinion, not gambling. Investing involves considerable research and a determination of the financial soundness of the company into which one is putting one's money, thus coming closer to eliminating the luck and chance aspect which draws an activity closer to gambling (though, to be sure, there is still some element of luck and chance involved). For the greed issue - gambling thrives on greed. It is the basest instinct which gambling attracts in those taken captive by the activity. There is no question but that some who put money into the stock market are driven by greed, and it is greed that pushes otherwise sensible people to put money that their family needs at such a high risk (and more often than not to lose it). Thus, the more that the person who puts money into the stock market is driven by greed then the closer he or she gets to gambling. I believe it boils down to an issue of the heart. Can the person who puts money into the stock market control the impulse that is fed by greed? If not, they are more than likely gamblers and should stay out of the market. Likewise, can the person who puts money into the stock market reduce their risk by doing good research into the companies to keep their risk and chances more in their favor? If not, then they are closer to gambling and probably should stay out of the stock market.

In Christ, Tom