Almost all financial advisors recommend that you invest your money in the stock and bond market, usually through mutual funds, although it could be through wrap accounts, managed accounts, or in individual stocks and bonds.
All of these options are subject to the schizophrenic, emotional roller coaster of the markets. As you know well, the value of your accounts can go down because of something that has nothing to do with the value of the underlying company. And these negative years hurt far more than the positive years help. So no one does as well as the average return of the investment they are investing in.
Why expose yourself to these risks?
We here at Kingdom Calling are hesitant to take on any of this market risk. Many of our clients pulled money out of the stock market before the serious crash began as they were being educated in stewardship. Some have just recently started looking at the market, but with new eyes. Read the rest of this entry »