Here’s some Saturday morning trivia for you.
The phrase “It Came to Pass” is quoted over 463 times in the Bible.
Okay. So, what does this have to do with investing?
It’s simple.
First, you can learn a lot from a phrase that’s been used for over 6,000 years of recorded history.
Second, all markets – bull markets, bear markets, sideway markets, Turbulent Times, etc. – eventually pass.
Third, the secret is to understand that everything – especially stock prices – is temporal.
Translation: Nothing is permanent in this world.
I’m not bringing this up as a way to compare investing with scripture…well, maybe I am…kinda, sorta.
Allow me to step on some religious toes for a moment by telling you that it’s perfectly okay to prosper AND thrive…especially in Turbulent Times.
Huh?
I’m not talking about the Gordon Gekko “Greed is Good” theme from the 1987 movie Wall Street.
{Ironically (or NOT), actor Michael Douglas/Gordon Gekko won an Oscar for best actor in that movie.}
I’m referring to prospering by understanding how everything is temporal…and when you understand the significance of the phrase “it came to pass,” you won’t be frustrated by the markets.
To further illustrate this point, compare the following 2,000-year-old quote with where we are in today’s world.
“And it came to pass in those days, that there went out a decree from Caesar Augustus that all the world should be taxed.”
~Luke 2:1~
Sound familiar?
As governments and central banks around the world descend down the road to perdition, they’ll find ways to tax everything and anything they deem necessary.
Why?
They’re all bankrupt, they can’t pay their pensions. And it’s mathematically impossible to pay off their debt.
Their feeble attempt to Manipulate the World Economy is nearing the end.
Not Surprisingly, instead of declaring a default they want to take all their bad debt and declare it as Perpetual as of January 1, 2021.
Along the way you should expect them to wreak havoc especially in the bond market.
It’s not just inevitable anymore…it’s imminent.
The good news is, years from now we’ll look back at this madness and say, “It Came to Pass.”
Until then, learn how to position your investments accordingly in our September edition of “…In Plain English.”
It’s Not Just About Finance.
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