Tag: Stock Market
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Playing the Long Game
Hey Christian fathers! I know that you have numerous responsibilities and concerns as you navigate the complex world of managing finances for your family. Today, I want to remind you of an important quote from Warren Buffet: “If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for…
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4 Essential Stock Metrics
If you’re venturing beyond the realm of index funds and embracing a bit of risk with individual stocks, there are four crucial numbers I strongly advise delving into before making any purchase. Although stocks inherently come with unpredictability and risks, dedicating some time to research these four key metrics beforehand can significantly enhance your chances…
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The Million Dollar Mistake
Unraveling the True Cost of Procrastinating on Your Retirement Savings I often find myself in conversations with bright-eyed professionals and families just stepping into the game of life. You know, that classic scenario where the present seems too demanding to allow even a single dollar to escape into the abyss of a retirement fund. It’s…
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Major Fluctuations in Savings
When COVID hit the world back in 2020, one of the few silver linings that came from the pandemic was that people learned to save money. At its peak in the summer of 2021, the average American was saving at 34%, an unusually high rate. The savings were mostly due to Americans being forced to…
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DRIP it Like it’s HOT!!!
Investing in stocks, mutual funds, and ETFs with dividends is a great way to earn some passive income. Yes, it requires a serious amount of capital to generate even $1,000 in passive dividend income, but any money that can make money is a good thing. However, I am surprised by how many people have purchased…
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Seeking Counsel
This past week I had a conversation with a father who a year ago was enthusiastic about investing in the stock market but now has quit on investing because of losses he accrued. Unfortunately, he started investing at the height of 2021 and then sold during the lows of 2022. Perhaps he would have been…
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FOMO… It Doesn’t Have to Be All or Nothing!
When should I buy or sell ALL my shares? The key term here is “ALL.” Lately, my discussions with friends and family have revolved around timing the market for stock purchases or sales. Obviously, predicting the market is beyond our capabilities. So, how can we mitigate the potential stress of buying at a high point…
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Foolproof Strategy to Timing the Stock Market
Proverbs 27:1 – Do not boast about tomorrow, for you do not know what a day may bring. Many individuals find themselves in a predicament when it comes to investing their hard-earned money. They have funds in their brokerage accounts, ready to be invested, but the fear of market timing holds them back. The worry…
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The Wisdom of Proverbs 13:11: Building Wealth Steadily and Wisely
Proverbs 13:11 Wealth gained hastily will dwindle, but whoever gathers little by little will increase it. The Book of Proverbs offers valuable insights that resonate in our modern world. Among its timeless teachings is Proverbs 13:11, which cautions against the temptation of quick wealth and emphasizes the importance of patient accumulation. In today’s society, we…
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Unlocking Financial Growth: How Investing $25 a Week Can Help You Reach Your First $10K
In the Parable of the Talents, the Bible teaches us about the importance of being wise with our investments. If you find yourself with some extra savings to leverage, it’s crucial to be a good steward and invest it intelligently. One valuable piece of advice I often share is that discipline and patience are key,…
Faith, Finance & Fatherhood 