“Be better to put that money in a can and bury it in the garden.”
That’s a philosophy lots of folks who had funds in the stock market and other risk investments wished they would have had before the economic downturn of 2008. There are some who had the foresight to see that decline and did place their funds in more secure places. Far more suffered losses, which have not been restored.
Hindsight is perfect, but for those of us who have little knowledge of investing don’t pay that much attention to such things. It is to our detriment, and gain of the more wise. We’re not a great historian, yet one doesn’t have to be to take a scan back and see how fortunes have been made and more quickly lost through right or wrong investments.
Of course, the most severe, according to economists, was the Great Depression of the 1930s. Mild recessions seen in recent decades can not compare to those hardships. Soothsayers have said another such terrible financial break could be on the horizon.
Others quickly deny it, claiming “the government won’t let it happen.” We have no confidence in that strategy. However, those who do forecast doom quickly point out this could be even worse than 80 years ago, because people now have little self-efficiency.
Despite many ups and downs, our recollection of a major financial catastrophe was the early ’80s when agriculture was stricken through high interest rates and depressed markets. All things did not continue high in values as forecasters claimed they would. Livelihoods were changed forever, and the impact is still felt today.
Likewise, since those periods, fortunes have been made and lost daily, but the downside is just not as far reaching. There are no easy answers, yet security is almost null when it comes to investing. Whenever the profit potential is high, risks are steepest, and even those less chancy still have danger of entire loss.
Ones who make fortunes sleep blind to losses, remembering only good days. Once money is lost, it will never be returned, despite investment counselors’ statements to the contrary. We’ll never be rich. We are too conservation to take risks necessary for such. Likewise, hopefully that will keep us from ever being bankrupt.
Some good doers like to shy away from talking about money, but finances are frequently a topic in the Bible. There is much sound advice available if one can decipher the parables. Still, we can not rightly stash what little we might have away in the corner, and thus should not forget Matthew 25:14-26.
A landowner entrusted funds to three slaves. Two who invested their coins yielded more, and the third “hid his talents in the ground.” After praising the first two, the master said to third: “You wicked, lazy slave, you knew that I reap where I did not sow and gather where I scattered no seed.
“Then you ought to have put my money in the bank, and on my arrival I would have received my money back with interest. Therefore take away the talent from him, and give it to the one who has the ten talents.?
+++ALLELUIA+++