How to Beat Inflation and Still Give Accordingly
A trader's life has highs and lows. It is with a sound mind that one can keep peace and yet remain on this game. The wise would say that it better to be a giver than to be the receiver all the time. I would suggest that we set aside 10% of all our income and give it to advance the works of His kingdom on Earth. We can choose to sponsor foundations as well and give consistently to support their works. In my case, I've chosen to support this foundation: www.cleft-foundation.com
In addition, we set aside 15% of total earnings to buy certified precious metals. Currently, our paper money has been floating freely without being backed up by Gold. Unlike in the past, the currency of one's country has been pegged to its Gold reserve. Just like the basic rule of economics, at one point, all systems will self-correct and thus this this will give more value to Gold. Buy low and sell high. Gold, as ignored by many people is valued at a lower price. Looking ahead, 20 to 30 years from now, Gold's importance as a value indicator will drive its price up. Start storing Gold and reap the rewards later.
In addition, we set aside 15% of total earnings to buy certified precious metals. Currently, our paper money has been floating freely without being backed up by Gold. Unlike in the past, the currency of one's country has been pegged to its Gold reserve. Just like the basic rule of economics, at one point, all systems will self-correct and thus this this will give more value to Gold. Buy low and sell high. Gold, as ignored by many people is valued at a lower price. Looking ahead, 20 to 30 years from now, Gold's importance as a value indicator will drive its price up. Start storing Gold and reap the rewards later.
Aside from thinking of the future, it is best that we live the moment in the present. We continue to sow what we reap each day, one day at a time. We give a portion that is duly His (God's) and we reap the rewards from Heaven and also bear the rewards of success here on Earth.
Here are some bible verses on "Giving".
1 Corinthians 16:2
On the first day of every week, each one of you should set aside a sum of money in keeping with his income, saving it up, so that when I come no collections will have to be made.
Acts 20:35
... remembering the words the Lord Jesus himself said: 'It is more blessed to give than to receive.
Luke 6:38
Give, and it will be given to you. A good measure, pressed down, shaken together and running over, will be poured into your lap. For with the measure you use, it will be measured to you.
Proverbs 11:24
One man gives freely, yet gains even more; another withholds unduly, but comes to poverty.
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