Tag: King Solomon
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False Friends: Social Media Scammers Target Investors
“The dissembler with his mouth deceiveth his friend,” warns King Solomon in Proverbs 11:9.While the wise king’s advice has stood the test of thousands of years, it’s especially relevant today, in the era of ever-expanding social media, where the atmosphere of sharing, relationship building and trust can provide fertile ground for scammers — “friends” who…
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Investing Lessons From Paula Deen’s Downfall
For King Solomon, speaking wisely and justly is part of living a prudent life that’s blessed by God. “Remove from thee a forward mouth,” he says in Proverbs 4:24. “And let detracting lips be far from thee.” That’s timeless advice – words worth heeding for disgraced celebrity chef Paula Deen, whose froward mouth has cost…
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Growing Pains for the Bitcoin
What would King Solomon think of the Bitcoin? That wise monarch, whose words of wisdom about money have guided many to prosperity, lived in a world where money consisted of gold, silver and other exchanges of physical things – a tradition that continues to this day. The upstart digital currency, the Bitcoin, aims to change…
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Flip Houses, Get Rich? Not Necessarily
King Solomon advocated a slow and steady approach to crating prosperity. “Go to the ant, o sluggard,” he advises in Proverbs 6:6, because the ant works hard and regularly throughout the seasons to store up needed food. Building wealth in real estate works the same way. House flipping doesn’t build long-term wealth, as a family…
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King Solomon’s 5 Virtues for Investors
Across the millennia, King Solomon’s words of wisdom about living a godly life still speak to us, with truths that guide money management to this day. Throughout his book of Proverbs, the King has much to say about what characteristics can help an investor – and anyone — make sound financial decisions. And, interestingly enough,…
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The Fed’s Bond Buyup Comes to an End: What Next?
King Solomon’s words on money management and prosperity are timeless. Along with prudence and wisdom, the King advocated foresight — looking ahead and making plans to avoid potential pitfalls. “Go to the ant, o sluggard,” he says in Proverbs 6>6-8,’ and consider her ways and learn wisdom. Which, although she hath no guide, nor master…
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5 Signs of a Lying Lender
In his Proverbs, King Solomon tells us that prudence, caution and good advice can keep good people out of the clutches of the wicked. “If wisdom shall enter thy heart, and knowledge please thy soul,” he says in Proverbs 3:10-14. “Counsel shall keep thee, and prudence shall preserve thee, that thou mayst be delivered from…
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Justice and Judgment: Another Bank Fraud Case Hits the Courts
At the very beginning of his wise Proverbs, King Solomon establishes the values that lead to a blessed and prosperous life. “To know wisdom, and instruction; to understand the words of prudence, and to receive the instruction of doctrine, and justice, and judgment, and equity,” he says in the first three verses. For investors in…
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Cash for Quick Home Sales: A Wise Harvest?
In King Solomon’s day, credit wasn’t much of an issue. But the wise king’s advice to manage money responsibly and save up resources applies across the ages. “Go to the ant, O sluggard,” he say s in Proverbs 6_ 6-8,” Which, although she hath no guide, nor master, nor captain, provideth her meat for herself…
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No Credit is the New Credit
The cornerstone of King Solomon’s advice on money management is prudence. His many Proverbs on building a prosperous life emphasize hard work and carefully husbanding resources. For many Americans today, that means ditching credit cards in favor of the plastic equivalent of cash – the debit card. And that’s a change that has some economists…