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The Bible Says to Diversify

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October 27, 2013 – Comments (6) | RELATED TICKERS: SPY

Read how the Bible says that one is to diversify their investments.  Solomon says to have at least seven, maybe eight in Ecclesiastes 11:2.

 

 http://tdpresearch.wordpress.com/2013/10/27/solomon-says-to-diversify-your-investments/

6 Comments – Post Your Own

#1) On October 27, 2013 at 3:04 PM, awallejr (79.56) wrote:

Actually it was Solomon that said that, but he didn't say those 7 or 8 things had to be completely different.  All your billionaires and most millionaires would disagree with him.

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#2) On October 27, 2013 at 8:53 PM, rd80 (98.01) wrote:

A Google search on 'bible investing' turned up some good stuff.

I particularly liked 250 Bible Verses about Money.   Ecclesiates 11:2 makes the list along with the Proverbs 13:11, which is on my profile tab.

Not too surprising that 'giving' has the longest list of passages.

The Bible has quite a bit to say about money; a search for 'money' at BibleGateway.com turned up 113 passages. 

 

 

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#3) On October 30, 2013 at 6:03 PM, Mary953 (76.55) wrote:

RD, I love seeing good research.  +1 my friend!

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#4) On November 02, 2013 at 7:50 AM, ThomasPound (85.16) wrote:

I feel the bottom line is that we need to spread it out, but notice that there is no advocacy for being too diversified.

As for giving it away, AMEN! 

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#5) On November 02, 2013 at 9:31 AM, iamnik77 (95.59) wrote:

Ecclesiastes chapter 11 is a great read for someone who wants to be an investor:

 

1 Cast your bread upon the waters, for after many days you    will find it again.

 

This verse speaks of taking an intelligent risk and the patience required to see a return.

 

2 Give portions to seven, yes to eight, for you do not know what disaster may come upon the land.

 

This verse makes a case for diversification and possibly against over diversification as it uses numbers smaller than ten.

 

Proverbs 18:15 has been instrumental in my own investing career:

 

15 The intelligent man is always open to new ideas. In fact, he looks for them.

 

This verse speaks of the desirability of a curious mind and a hunger to learn more.

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#6) On November 02, 2013 at 1:03 PM, Mary953 (76.55) wrote:

I had a pastor once who said that no one should expect you to give everything away and live in a tent on the church grounds.  Also, it was appropriate to help where and as you can.  I told him he had his head in the clouds and his feet on the ground - a good mix.

Perhaps it all comes down to this - Do you own your money or does your money own you?   

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