Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Christians: Is investing in stocks and shares a sin?
Serious questions. I know gambling is a sin but what about investing on the stock market. I mean I put money into my pension fund and invest directly in the markets but here's the thing. I understasnd that share prices can go down as well as up, but I'm obviously hoping that share prices will rise so am I gambling and is it wrong?
17 Answers
- 5 years ago
You see penny stocks are high velocity, fast move, fast paced investments that you don’t typically hang onto for a long period of time. Understand how simple it is to make money with penny stocks https://tr.im/c7Ge0
There are exceptions of course. Sometimes you will find some long-term trades that pay off big! Other times you will get into what are known as swing trades and those can really pay off as well. Most of the time though, profitable penny stock trading is all about the short game.
In most cases you will buy and sell the same stock within a week. I’m not talking about day-trading which you may have heard about before. That’s a completely different game with a different set of rules. (It’s also a bit more risky.)
- Anonymous9 years ago
Don't do it, Bob: simple answer. You don't have to and they've got God to provide for them so they don't need you to do it for them.
In answer to the original question: there's no such thing as sin, there's only what serves you depending on what you're trying to achieve. If you're looking to develop more faith and reliance on God, investing in stocks and shares will probably not help that. It will turn your mind to material things and is really saying "I don't trust that God will take care of me." If, however, what you're after is a comfortable Earthly life and aren't too bothered about developing your soul then it's probably a good thing. Your reward is where your heart is. Jesus would probably say something about not being able to serve two masters at once but he was preaching to people (his disciples) who really did want the soul thing; not many people like that around these parts these days.
Still, nothing wrong with living a good, comfortable life and doing good where you can. Having money and doing business isn't necessarily a problem - it's the attachment and the obsession to that which gets in the way. If you could leave it all behind in a second - if you were to lose everything and still feel okay 'cos you had your Self - then no problem whatsoever. A man should know that he needs nothing external to himself to feel fulfilled.
- Anonymous6 years ago
Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/e3f14
- How do you think about the answers? You can sign in to vote the answer.
- Bob SmithLv 49 years ago
This is one that I have actually struggled with as well. Or at least struggled to understand as I am an atheist. I have had Christians tell me that it is a sin to save any money at all in preparation for my future, as god will provide for all of my needs and wants. But the funny thing here is that the people that tell me this are my in laws. They have not saved or planed for retirement so my wife and I will have to look out for them financially. My paying for them is not me helping them as a good atheist who looks out for my family and extended family, but god. Can anyone see my confusion, or why this puts me on edge towards good christian values?
Sorry for the rant and not addressing your question. But I think all people should plan for their own future.
- ?Lv 69 years ago
That depends. What is causing the shares to change. Millions were made off the recent Japan nuclear disaster by stock prices falling. All that occurred before and relief could be organised. It that morally right?
- MK6Lv 79 years ago
gambling is when you NOT try to earn on investments in the long run.
Matthew 25:14-30
The good servant multiplied the money entrusted to him. The 'bad' servant buried the money.
Source(s): http://www.rc.net/wcc/parabl43.htm - 9 years ago
No. See the Parable of the Talents, and see Ecclesiastes. There is a difference between investing and gambling.
- 4 years ago
1
Source(s): Binary Market Secure Success http://netint.info/AdvancedTradingTechnology/?8Rud - Anonymous9 years ago
Well technically it is gambling (with very good odds) so if gambling is a sin that make it a sin.