I’ve had a few people express some incredulity at the resilience of the stock markets lately. At the time of writing, the Dow has increased by more than 45 percent off its bottom of 18,592 on March 23. The CEO of a major mutual fund company, one whom I respect greatly, recently said he felt that the “market is overbought”. With a contrary point of view, a fund … [Read more...] about To market, to market: How the stock market really works
Arnold Machel, CFP®
Arnold Machel lives, works and worships in the White Rock/South Surrey area and has been writing articles for the Light Magazine for over 10 years. He is a Certified Financial Planner® with Visionvest Financial Planning & Services.
The more things change…
At the time of writing, it’s been nine weeks since we started this physical distancing thing. So much has changed. I’m working from home. I don’t eat out. I hardly see my kids in person. I get together with my friends infrequently. And when I’m with either, I treat them like they’re a leper, not touching and maintaining a distance. I watch church on TV now, rather than … [Read more...] about The more things change…
Take your giving to the next level: Donor advised funds
Fred inherited one million dollars. He had read my previous article on tithing and wanted to tithe on this inheritance. He wasn’t sure where he wanted it all to go, but he really wanted the tax-break this year, so he needed to make the donation this year. Wilma had $10,000 in Telus shares that she had been given years ago as an employee. Because the shares were given to her, … [Read more...] about Take your giving to the next level: Donor advised funds
Start the car! A COVID-19 response
Before I say anything else, let’s remember that God is still in control during these anxious times. He is not surprised or worried. Cling to His love. He is still there. On July 8, 1932 the Dow Jones Industrial Average hit an intraday low of 40.56. At the time of writing, the Dow is around 21,200 – up over 500-fold since that intraday low (and that’s not even including the … [Read more...] about Start the car! A COVID-19 response
How should we then invest?
In light of our faith, how should we then invest? It’s not an easy question and I don’t have any easy answer. It’s one of the greatest and most persistent concerns that I have had during my thirty-five years as an investor; even more so during the past twenty-five years investing in a professional capacity. When I started out, we called it “Ethical Investing”. Then it became … [Read more...] about How should we then invest?