Tag: King Solomon
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The Federal Reserve Plots a Course for the New Year
“Blessed is the man that findeth wisdom, and is rich in prudence,” King Solomon tells us in Proverbs 3:13-14. “The purchasing thereof is better than the merchandise of silver, and her fruit than the chief and purest gold.” And now, as the Federal Reserve’s Open Market Committee, or FOMC, prepares to meet for the first…
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5 Resolutions for Better Investing in 2014
It’s that time of the New Year again, when resolutions are made and broken. But alongside the usual plans to lose weight, get organized or learn to dance, it’s not a bad idea to put some of that resolve into managing your investments. Inspired by King Solomon’s advice from the Book of Proverbs to act…
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Top 5 Money Stories of 2013
In the first verses of the Book of Proverbs. King Solomon tells us that his words are meant to help others “to know wisdom, and instruction.” (Proverbs 1:2) In the spirit of the great King’s intention, we’ve been bringing you the trending topics of our day that affect investing and prudent money management. Here’s a…
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New Debt to Income Ratio Rule May Cool Borrowing
King Solomon reminds us that wisdom and equity go hand in hand – and create the foundation for a prosperous blessed life. But efforts to create an equitable solution can have unintended outcomes. That’s what may happen in 2014, when new provisions of the sweeping Dodd Frank Act tighten up borrowing standards in an effort…
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Target’s Data Hack Highlights Security Risks
As King Solomon tells us in Proverbs 6:16-18, one of the seven things most hated by God is a “heart that deviseth wicked plots. “ And today, as giant retailer Target scrambles to manage the fallout from last month’s massive data hack that intercepted its customers’ credit card information, digital security experts point to weaknesses…
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The Ven Follows the Bitcoin’s Footsteps
King Solomon tells us that knowledge is more valuable and more enduring than silver and gold – the coin of his day. But as the Bitcoin ushers in a new way of thinking about money in today’s digital world, specialized digital currencies like the eco-friendly Ven are demonstrating that a bit of knowledge – and…
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The Fed Starts to Taper – But Who Benefits?
A king’s throne is strengthened by clemency, King Solomon tells us in Proverbs 20:21, so that the whole country benefits by gestures of support from the top. Though there’s no throne involved, the Federal Reserve’s massive stimulus plan reflects the same intent. And now, with its recent decision to begin tapering down that plan, financial…
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The Bitcoinvention Opens Doors in Asian Markets
King Solomon’s words on wisdom and prudent living stress that governments and the wealthy should deal fairly with the poor. “Do not oppress the needy at the gate,” he says in Proverbs 22:22. In today’s financial world, advocates of the Bitcoin hope the upcoming Bitcoinvention in Manila will open doors to new opportunities in Asia’s…
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Are Bitcoins the Folly of Fools?
King Solomon’s Proverbs stress the importance of wisdom and prudence over folly and recklessness. The crown of the wise is their riches, “ he says in Proverbs 14:24, “The folly of fools, imprudence.” Now, as the Bit coin continues to make financial headlines for its growing acceptance around the world, the digital coin is facing…
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Floating Cities: The Future is Now
In King Solomon’s proverbs, the ocean represents the earliest days of creation – when the voice of wisdom was already in the world. “When he prepared the heavens, I was present,” says the King in Proverbs 8:27-19. “When he compassed the sea with its bounds, and set a law to the waters that they should…