Gods command- invest like Soloman


Ecclesiastes 2:24

"There is nothing better for a man than to eat and drink and tell himself that his labor is good. This also I have seen that it is from the hand of God."

Solomon was given supernatural wisdom by God. In 2 paragraphs (below) he summarizes investing as good as any investment firm today. This the only investment advice the Bible gives. As such it a command. It's a matter of faith and following Gods advice through Soloman. This makes it easy for the average investor to save well over their lifetime. 

In Ecclesiastes 11:1-6 Soloman says:

Cast your bread upon the waters (send your grain a cross the sea aka keep investing), for you will find it again after many days (retirement). Divide your portion among seven, or even eight (limited diversification), for you do not know what disaster may come upon the land (bear market). If clouds are full of rain, they empty themselves upon the earth (don't look for a signs); and whether a tree falls to the south or to the north, in the place where the tree falls there it will lie. Whoever observes the wind will not sow; and whoever regards the clouds will not reap. As you do not know the way the wind goes, or how the bones are formed in the womb of the woman who is pregnant, so you do not know the work of God who makes everything.

This tells us that it is important to diversify your investments and to be prepared for unexpected events.

Modern investment advice echoes many of the themes found in Ecclesiastes 11:1-6. For example, financial advisors typically recommend that investors diversify their portfolios by investing in a variety of asset classes, such as stocks, bonds, and real estate. They also recommend that investors have a long-term investment horizon and that they be prepared for market volatility.

However, there are some key differences between modern investment advice and the advice found in Ecclesiastes 11:1-6. For example, modern investment advice is typically based on the assumption that the market will eventually recover from any downturn. Ecclesiastes 11:1-6, on the other hand, suggests that there is no guarantee of future success and that investors should be prepared for the possibility of loss.

Another difference is that modern investment advice is typically focused on maximizing returns. Ecclesiastes 11:1-6, on the other hand, suggests that investors should have a more balanced approach to investing, one that takes into account their individual risk tolerance and financial goals.

Overall, modern investment advice and Ecclesiastes 11:1-6 offer complementary perspectives on investing. Modern investment advice can provide investors with the tools and strategies they need to achieve their financial goals. Ecclesiastes 11:1-6 can help investors to maintain a healthy perspective on investing and to avoid making impulsive decisions based on greed or fear.

Here is a more specific comparison of some of the key takeaways from modern investment advice and Ecclesiastes 11:1-6:

Modern investment advice

  • Diversify your portfolio.

  • Have a long-term investment horizon.

  • Be prepared for market volatility.

  • Invest regularly.

  • Rebalance your portfolio regularly.

Ecclesiastes 11:1-6

  • Be prepared for unexpected events.

  • Have a balanced approach to investing.

By following both modern investment advice and the advice found in Ecclesiastes 11:1-6, investors can increase their chances of achieving their financial goals while also maintaining a healthy perspective on investing.

Zacks is an investment research firm that provides free stock picks and analysis to investors. It also offers a variety of investment management services. Zacks is known for its proprietary stock ranking system, which it uses to identify stocks that are likely to outperform the market.

Zacks is a good choice for investors who are looking for research-driven investment advice. It offers a wide range of investment products and services, and its stock ranking system has a good track record. However, Zacks is not the only investment advisor available, and there are a number of other firms that offer similar products and services.

Here is a comparison of Zacks to some other popular investment advisors:

Zacks

  • Pros:

    • Proprietary stock ranking system with a good track record

    • Wide range of investment products and services

    • Relatively low fees

  • Cons:

    • Can be difficult to understand and use

    • Not as well-known as some other investment advisors

Motley Fool

  • Pros:

    • Well-known and respected investment advisor

    • Easy-to-understand investment advice

    • Good track record

  • Cons:

    • Relatively high fees

    • Not as much research and analysis as Zacks

Morningstar

  • Pros:

    • Comprehensive investment research and analysis

    • Portfolio management tools

    • Good track record

  • Cons:

    • Relatively high fees

    • Can be difficult to use for beginners

Seeking Alpha

  • Pros:

    • Wide range of investment research and analysis, including from independent contributors

    • Relatively low fees

  • Cons:

    • Can be difficult to distinguish between high-quality and low-quality research

    • Not as much investment advice as Zacks or Motley Fool

Zack's is a good choice and is free. I like good and free.

Here are some additional factors to consider when choosing an investment advisor. First of all, DONT!!!

Investment advisors simply put your money in their company's overpriced index 500 fund and steal 50% of your $$ over 25 years (25*2%) e.g. Edward Jones. It's simple math. If you need hand holding, ALWAYS use a flat fee service.

It is also important to note that no investment advisor is perfect. Even the best investment advisors will make mistakes. It is important to do your own research and to understand the risks involved in investing before making any investment decisions.

CNBC noted that for the last ten years the S&P beat ALL active fund managers. You can buy the S&P with no charges from Fidelity. It's called the FZROX fund. So ZERO charge or 50% for 25 years. Your choice.

Personally I bought the S&P cheap (Vanguard 0.03% fee or 0.75% total) for 25 years to an early retirement. I kept that 50% advisor fee. I'd still be working if I bought my church friends funds. Instead I give him a $25 bottle of whiskey for Christmas, not a new house off my fees.

Using Google Bard AI search do this search.


Results: "Here are 8 top strong stock picks on Zacks, as of October 10, 2023:"

  • Sea Limited (SE)

  • DocuSign (DOCU)

  • HubSpot (HUBS)

  • GDS Holdings (GDS)

  • Thermo Fisher Scientific (TMO)

  • Advanced Micro Devices (AMD)

  • BP (BP)

  • Constellation Brands (STZ)

These stocks are all ranked #1 (Strong Buy) by Zacks, which means that Zacks analysts believe that they are likely to outperform the market over the next 1-3 months.

It is important to note that no investment is guaranteed, and even the best stock picks can underperform. Investors should always do their own research before making any investment decisions.

Here is a brief overview of each of the stocks on the list:

  • Sea Limited (SE): Sea is a Singaporean technology company that operates a number of online businesses, including e-commerce, gaming, and digital payments.

  • DocuSign (DOCU): DocuSign is a cloud-based electronic signature platform that allows users to sign and send documents electronically.

  • HubSpot (HUBS): HubSpot is a customer relationship management (CRM) platform that helps businesses to attract, engage, and convert customers.

  • GDS Holdings (GDS): GDS is a Chinese online education company that provides online courses to students in China.

  • Thermo Fisher Scientific (TMO): Thermo Fisher Scientific is a scientific instrumentation company that provides products and services to laboratories.

  • Advanced Micro Devices (AMD): AMD is a semiconductor company that develops and sells microprocessors, graphics processors, and other semiconductor products.

  • BP (BP): BP is a British multinational oil and gas company.

  • Constellation Brands (STZ): Constellation Brands is a Canadian multinational beverage company that produces and sells beer, wine, and spirits.

Please note that this is not a recommendation to buy any of the stocks on this list. Investors should always do their own research before making any investment decisions.

Place this short-cut on you phone to track your stocks. Here's mine.

https://www.zacks.com/portfolios/my-stock-portfolio/


I use Google finance to track my portfolio as well. No need to sign in to a financial institution plus you can add yours and your wife's portfolios.

Here's my stocks.


A no-brainer way to invest is to buy Vanguard's VGT which buys over 300 technology oriented stocks yielding +19.16 over ten years.

Or pick 8 stocks per Soloman eg Apple, Microsoft, Amazom, Google, Meta, Netflix, Dell, and Nivida and occasionally rebalance using Google Bard & Zacks to pick strong picks.

75% of millionaires invest their own money. They get it. You can too. 

Comments

Post a Comment

Popular posts from this blog

“Cast Your Bread Upon the Waters”

Image
    Solomon a multifaceted Genius  The verses from Ecclesiastes 11:1-6 offer a surprisingly modern and timeless perspective on investment and risk that aligns well with real-world financial advice. Here's a breakdown of how each part of the passage can be interpreted in light of contemporary investment principles: Verse 1: "Ship your grain across the sea; after many days you may receive a return." This verse perfectly encapsulates the concept of long-term investing. "Shipping grain across the sea" is a metaphor for a risky, long-distance trade. It implies a delay between the initial outlay (the grain) and the potential return. This is the essence of investing: you put capital at risk today with the expectation of a greater return in the future. The phrase "after many days" highlights the importance of a long time horizon, a cornerstone of successful investing. You don't get rich overnight; you build wealth over time. Verse 2: "Inve...
Read more

Soloman and the the “Magnificent Seven” investments

Image
The book of Ecclesiastes offers a profound exploration of life's vanities and uncertainties, culminating in a call to wisdom and prudent living. Ecclesiastes 11:1-6, in particular, provides a set of proverbs that, while seemingly disparate, offer a cohesive guide for navigating the uncertainties of life, particularly in the realm of investments and financial decisions. These verses resonate deeply with modern investment strategies, encapsulating principles that echo the wisdom of diversification, risk management, and persistent effort. Verse 1: "Cast your bread upon the waters, for you will find it after many days." This verse speaks to the principle of long-term investment and the patience required for returns. It also urges the reader to consitantly invest as a matter of faith. In the context of "magnificent stocks," this suggests a strategy of investing in companies with strong fundamentals and growth potential, holding them for the long term, ev...
Read more

My Investment Tools

Image
My blog on Solomon's investing advice  My tools to study and follow the market. #1 Google zacks and make a shortcut to phone #2 create a Portfolio by joining now. #3 Sign in the created account. #4 click menu then portfolio #5  Create Portfolio of your stocks and watch list. Eg #6 eg this is my portfolio. 1 is a strong buy. 5 is a strong sell. #7 My watch portfolio. #8 Click on the ticker name to read articles on each stock.  #9 I use Google Finance to track my wife and my portfolio. #10 make a portfolio for you and your wife as well as a watch list. I put Zack's watchlist here as well. #11 I transcribe my Schwab stocks here so as to avoid having to sign in too often to schwab. I'm security conscience. #12 you don't have to precisely copy your broker buys. I just average to an approximate date.
Read more