“Love is patient, love is kind. It does not envy, it does not boast… ” We’ve all heard the famous “love passage” from I Corinthians 13 at weddings, but can love inform the way we invest? We’ll explore this concept with Rachel McDonough. Rachel McDonough is a Certified Financial Planner and a Certified Kingdom Advisor. She’s a leader in the field of helping investors integrate their Christian values with their investment decisions.<ul><li>On this program, Rachel shares how love can influence our investing. </li><li>She says that when the Israelites were waiting for Messiah to come, they expected him to come as a strong military and political leader that would bring about deliverance from Rome. But in Luke 17:1, Jesus reveals this radical concept that the kingdom of God is within us.</li><li>And she shares a fresh perspective on a couple of verses: </li><li>I Cor 13: 13 “And now these three remain: faith, hope and love. But the greatest of these is love.” </li><li>And I Cor 16:14, which reminds us that everything we do should be done in love. </li><li>As God’s agents in the world, as his stewards, we must be careful to invest the resources He entrusts to us in a manner worthy of our calling. And his standard of excellence, in all things, is love.</li><li>HOW CAN WE DISPLAY LOVE IN OUR INVESTING? </li><li>We can start with the simple framework of avoid, embrace, and engage. Avoid the companies that are not blessing humanity, embrace those that do, and utilize asset managers who will actively engage with the companies they select for investment on our behalf.</li><li>There is, of course, a lot of nuance to this, but in general, we can avoid companies that kill, steal, and destroy, for those are the works of the enemy, described in John 10. At a minimum, we don’t want to take money that God has entrusted to us and give it to the enemy for his purposes. That would not be loving.</li><li>For example, MGM Resorts Int’l is a company in the S&amp;P 500 that owns and operates gambling facilities as well as manufactures gambling systems.</li><li>OPTIONS FOR A LOVE-BASED APPROACH</li><li>There are currently over 150 faith-oriented investment products being managed by 19 different asset management firms. </li><li>There has been a tremendous amount of growth and innovation. There are far more strategies to choose from and the creative ways in which asset managers are integrating biblical, loving principles has also matured. </li><li>Learn more about faith-based investing at <a href="http://www.wealthsq.com">www.wealthsq.com</a>.</li></ul>On this program, Rob also answers listener questions: <ul><li>How can you ensure the credibility and stability of a financial institution with which you’re investing? </li><li>What are the tax implications related to inherited property? </li></ul>Remember, you can call in to ask your questions most days at (800) 525-7000. Also, visit our website at <a href="https://www.faithfi.com/">FaithFi.com</a> where you can join the FaithFi Community, <a href="https://faithfi.netviewshop.com/donate2">and give </a>as we expand our outreach.

FaithFi

Faith & Finance is a daily radio ministry hosted by Rob West. The program offers a practical, biblical and good-natured approach to managing your time, talents and resources.

Faith & Finance with Rob West

“Love is patient, love is kind. It does not envy, it does not boast… ” We’ve all heard the famous “love passage” from I Corinthians 13 at weddings, but can love inform the way we invest? We’ll explore this concept with Rachel McDonough.

Love Guided Investing With Rachel McDonough

FaithFi: Faith & Finance | Jun 16, 2023

Show Notes

Where Faith Meets Finance

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