10 Principles Of Successful Investing

By Bob Barber, CWS®, CKA®
- Establish written financial goals: PROVERBS 20:5, PROVERBS 21:5
- Seek wise financial and investment counsel: PROVERBS 19:20
- Cultivate a long-term perspective: LUKE 14:28
- Diversify your portfolio: ECCLESIASTES 11:2
- Consistency is crucial, don’t make haste to “get rich quick”: PROVERBS 28:20-22
- Avoid risky investments if you can’t afford a loss: ECCLESIASTES 5:13, 15
- Avoid high leverage: PROVERBS 22:7
- Monitor your anxiety: PSALM 131:1
- Establish limits on the amount you invest: PROVERBS 15:16, PROVERBS 30:8
- Share and discuss decisions with your spouse: GENESIS 2:24
REVIEW THESE SPECIFIC QUESTIONS BEFORE YOU MAKE ANY INVESTMENT DECISIONS:
Could I be investing unwisely due to any of the following attitudes?
Greed: I TIMOTHY 6:9, PROVERBS 22:9
Pride: PROVERBS 16:5
Fear: PROVERBS 18:11
Am I presuming on the future and creating anxiety for myself or my family? MATTHEW 6:25, PHILIPPIANS 4:6-7
The views expressed represent the opinion of Christian Financial Advisors®. The views are subject to change and are not intended as a forecast or guarantee of future results. This material is for informational purposes only. It does not constitute investment advice and is not intended as an endorsement of any specific investment. Stated information is derived from proprietary and nonproprietary sources that have not been independently verified for accuracy or completeness. While Christian Financial Advisors® believes the information to be accurate and reliable, we do not claim or have responsibility for its completeness, accuracy, or reliability. Accordingly, such statements are inherently speculative as they are based on assumptions that may involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those expressed or implied in such statements. Past performance is not indicative of future results. For any discussion of equity securities: Investing in equity securities involves risks, including the potential loss of principal. While equities may offer the potential for greater long-term growth than most debt securities, they generally have higher volatility. For any discussion of taxes: Christian Financial Advisors® does not provide tax advice and encourages you to seek guidance from a tax professional.
