. And why wouldn’t it be? Randy Alcorn, an author on Christian stewardship, claims that money and possession is mentioned 2,350 times in the holy book – more than the mention of heaven and hell!
Avoid investing when you carry huge consumer debt. A credit card balance carries a 36% annual interest. In contrast, equity fund returns for the past 10 years average 17%. You stand to gain more by eliminating any debt first.Cast your bread upon the waters, for after many days you will find it again. Give portions to seven, yes to eight, for you do not know what disaster may come upon the land.
As a general rule in investing: invest only in things you understand. If you don’t understand what you’re getting into, don’t! Years back, when I was a newbie in investing, I was presented with an offshore investment option called Luxemburg Real Estate Investment Trust Fund. Wow! Sounds profitable, I thought. That’s why I didn’t bother learning more about it. I took it at face value. Ten years later, I only managed to recoup 20% of the amount I invested.
Yes rappler pay all debts.,.will you?
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