Any Biblically Responsible investors out there?

[razztazz]

Quote:

Originally Posted by kitesurfer2 Biblically responsible? so you will do what Jesus said....give up all your wordly possessions and follow Him.

Let's not get panicky

[razztazz]

Quote:

Originally Posted by tfudtuckerpucker It's a noble cause, but I find it very difficult to find companies that never behave unethically or illegally, depending on how you view it. I agree that some companies produce products that are probably never ethical (tobacco, pornography), but some folks may feel differently. It's further compounded by the lack of clarity of ethics from the Bible (slavery, war, tobacco, etc)

Lack of ethics and ongoing modus vivendi to skirt/ violate without consequence the law is concomitant with business. Because it's good for profits

Think mafia not Adam Smith

[CaptTom]

Assuming the sentiment is sincere in the OP, it begs a larger question in my mind.

Is the unbridled drive for profit over all other considerations ethical?

What's wrong with the old-fashioned concept of a "company" being a group of people serving some higher purpose than each could achieve on their own? What's wrong with making a respectable and steady profit instead of growth at all cost?

When I first started at MegaCorp #1, the word "stakeholders" was tossed around a lot. This was understood to include not only stockholders, but also customers, employees and society in general.

After several M&A's, those days are gone.

I'm not claiming to be following any particular religion or God in this belief, but my gut feeling is that the current system is ethically flawed. One could, by extension, cast aspersions on anyone who participates in it.

On the other hand, we all play the hand we are dealt to the best of our ability. We take care of ourselves and our families, and try to do as much good as we can beyond that.

I like to think that's sufficient.

[haha]

Quote:

Originally Posted by CaptTom Assuming the sentiment is sincere in the OP, it begs a larger question in my mind. Is the unbridled drive for profit over all other considerations ethical? What's wrong with the old-fashioned concept of a "company" being a group of people serving some higher purpose than each could achieve on their own? What's wrong with making a respectable and steady profit instead of growth at all cost? When I first started at MegaCorp #1, the word "stakeholders" was tossed around a lot. This was understood to include not only stockholders, but also customers, employees and society in general. After several M&A's, those days are gone. I'm not claiming to be following any particular religion or God in this belief, but my gut feeling is that the current system is ethically flawed. One could, by extension, cast aspersions on anyone who participates in it.

I have discovered that humans are ethically flawed in that their respirations produce carbon dioxide. Perhaps that is the original sin so widely celebrated?

Ha

[Nemo2]

Quote:

Originally Posted by haha I have discovered that humans are ethically flawed in that their respirations produce carbon dioxide. Perhaps that is the original sin so widely celebrated? Ha

[Sunset]

Quote:

Originally Posted by 2017ish .... If paywalled, maybe can get there by searching the headline: "Financial Advisers Put Faith in Religion-Based Investing" or first sentence: "Want to organize your financial life in a way that is consistent with your faith?"

But wouldn't that be like stealing from them ?

[Sunset]

You could invest in Google, after all isn't their motto: "Do no Harm".

How about Medical Schools as aren't doctors supposed to heal the sick, and even if it's only the sick rich, at least they are healing some people.

Corner the market or at least invest in companies that produce: frankincense, myrrh and gold (also you could just buy gold).

Invest in index funds, so you don't line the pockets of greedy advisors with fees.

[donheff]

There are a lot of variations among people "of the book." On one hand you could be interested in investing to further the interests of the Jesuits' Liberation Theology, or maybe you are more interested in a fundamentalist anti-gay, pro-creationist style, or even have a pro-jihadist tilt (they like the bible but add on another book). Hard to be sure one of these organized investment groups actually reflects your beliefs. Go for index funds and put the proceeds where your heart is.

[Totoro]

Quote:

Originally Posted by Sunset You could invest in Google, after all isn't their motto: "Do no Harm".

It was "Don't be evil", now it actually is "Do the right thing". Gives a lot more leeway. I'm pretty sure many if not most evil men in history actually thought they were doing the right thing.

https://en.wikipedia.org/wiki/Don%27t_be_evil

[brewer12345]

Quote:

Originally Posted by Tetto No room for women in there?!

.

[brett]

We follow the investment practices of several of the world's and North America's largest bible centric faith groups.

Investment return has taken a back seat to their overriding faith principals and beliefs.

[racy]

"Religion is here so the poor don't murder the rich". Napoleon Bonaparte

[Just_Steve]

Money is the root of all evil.

[redduck]

Quote:

Originally Posted by Just_Steve Money is the root of all evil.

Nah, it's the love of money...
1 Timothy 6:10 KJV - For the love of money is the root of - Bible Gateway

For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows. King James Version (KJV) 1 Timothy 6:10 in all English translations.

[Just_Steve]

Quote:

Originally Posted by redduck Nah, it's the love of money... 1 Timothy 6:10 KJV - For the love of money is the root of - Bible Gateway For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows. King James Version (KJV) 1 Timothy 6:10 in all English translations.

Then I would LOVE to have some more.

[stephenson]

I'm thinking the OP was just kidding.

Weird stuff.

[Starsky]

Quote:

Originally Posted by brett We follow the investment practices of several of the world's and North America's largest bible centric faith groups. Investment return has taken a back seat to their overriding faith principals and beliefs.

So what stocks or investments do they invest in?

[ERD50]

Quote:

Originally Posted by stephenson I'm thinking the OP was just kidding. Weird stuff.

I assumed the OP was serious.

I might also consider " ... that I want to be biblically responsible with what God has given me. ", but I'll spend and invest the money that wasn't given to me by God without those encumbrances.

-ERD50

[Whisper66]

TBar (the OP)- you got quite a few responses. Looks like about 50% were quite serious responses to your query. That's pretty good for a biblically based query in today's world.

Would be interested in your feedback. Are those responses helpful? Any ideas of how you will invest and why you plan for that path?

[Viking]

Anyone have advice on where I can invest a few pieces of silver?