Bear Market & Economic Trauma
It appears that 2008, could be the year that
we all start to pay the price for the excesses of
easy mortgages, cheap money, and speculative excesses. The
precedent for the stock market to have predictive
powers based on how the trading in January goes is
well documented. If January is a significant
down month, often the rest of the year will find
investors trying to scramble to try to make amends. This
time may be different but some observations from
a market veteran may be helpful to you. Here
are a few thoughts about what you might experience
if this market and economic performance are both
in negative numbers for the next year or two:
A. Most people will not
appreciate that these times are a blessing from
God. (Philippians 4:12,13)
B. Many investors will
develop a humility that reminds them that they
may need help.(I Peter 3:8)
C. Some investors will
seek legal means to cover losses from their own
excesses.(Prov 21: 2-3)
D. How else can you find
turnarounds unless stocks fall below their historic
prices?(Matt 13:45-6)
E. Re-aligning our priorities
to remind us that our faith is in God, not in our
assets!(Matt 6:33)
F. Great time to read that book about "How
much is enough"? (Money Possessions & Eternity by
Randy Alcorn)
G. Smart investors and advisors try to look
beyond the valley and plan for how they wish their portfolio
and holdings will look when all the negative influences
turn back into positives. (James
1:5-6)
Always be professional and always
stay positive in finding what God's will is for
your life and the advice you give to others for
their well being!
Monday Morning Message Sent 1/21/08
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