”Give a portion to seven or even to eight, for you don’t know what disaster may happen on earth.“ (v. 2)
You might not have thought to look here..,
…but the Teacher in Ecclesiastes has some quality investing advice for you.
Spread it out. Divide what you have across several investments. Don’t put all your eggs in one basket.
It’s curious that this advice comes in the same chapter as some encouragements for younger people. Maybe it’s because young people are more likely to let all their “investments” ride on day trading and crypto and sports betting. (The Teacher wasn’t thinking about that, be we can see the Word being fit together for our good.)
But, whether young or less-young, the advice is valid: Save, for it is a vital facet of stewardship. And do so with an eye to diversification, so that your savings can remain stable without stumbling. Provide for your household—and, on that solid ground, give and send and help with generosity.
— Tyler