Forex and the Bible: How Holy Book foretold investment (2024)

FAQs

What does the Bible say about investing in foreign currency? ›

Ecclesiastes 11 (GNB) - Bible Society. 1Invest your money in foreign trade, and one of these days you will make a profit. 2Put your investments in several places — many places, in fact — because you never know what kind of bad luck you are going to have in this world.

Investing in forex trading can be found in Ecclesiastes 11 verses 1 and 2. From the Good News Translation bible, it reads that "Invest your money in foreign trade, and one of these days you will make a profit."

The Bible teaches that it's possible to wisely save and invest for the future while also being “rich toward God” by “storing up treasures in heaven” (Luke 12:21; Matt. 6:19–21).

Luke 12:33-34:

Provide yourselves with moneybags that do not grow old, with a treasure in the heavens that does not fail, where no thief approaches and no moth destroys. For where your treasure is, there will your heart be also.”

The Bible doesn't specifically state that we should invest, but also does not forbid it. Investing is mentioned in Proverbs 31:16 and used in Jesus's parables (ex. Parable of the Ten Minas found in Luke 19:11-27), implying that it is expected and normal.

I must learn to know the difference between the things I cannot control; discipline to control the things I can; and the knowledge to know the difference.

Gambling is where the rules are against the gambler, and unlikely to make long-term profits. In forex trading, there are no rules against the trader preventing them from making long-term profits. Many forex traders try to make quick profits like a gambler which usually leads to losses.

What is the difference between Forex and gambling? Intelligent Forex traders try to only take trades where the odds are in their favor. Gamblers, unless they are poker players, cannot do this as the odds are fixed against them.

The Forex Bible is meant to take you from complete beginner to professional trader making income every month from your trades. If you're like me and value wealth in freedom, travel, and experience, then there is no better time to learn the skill of forex trading and take control of your finances.

Money is put into risky investments that turn sour, and everything is lost. In the end, there is nothing left to pass on to one's children.

Why biblically responsible investing? ›

Biblically Responsible Investing (BRI), is a Christian movement that aims to align our investments with Biblical values. By avoiding companies that are engaged in immoral practices, we glorify God with our finances as well as our daily actions.

Live on Less Than You Make and Save

That means living on less than you make—so you'll have money left over to save. The Bible talks about the importance of saving in Proverbs 21:20 (NIV84), which says, “In the house of the wise are stores of choice food and oil, but a foolish man devours all he has.”

Remember this: Whoever sows sparingly will also reap sparingly, and whoever sows generously will also reap generously. Each man should give what he has decided in his heart to give, not reluctantly or under compulsion, for God loves a cheerful giver.

Philippians 4:19: And this same God who takes care of me will supply all your needs from his glorious riches, which have been given to us in Christ Jesus. Proverbs 10:22: The blessing of the Lord makes a person rich, and he adds no sorrow with it. 2 Corinthians 9:8: And God will generously provide all you need.

Prayer for Financial Breakthrough: Lord, thank you that you have entrusted me to manage and steward my finances with wisdom and diligence. Help me to grow in wisdom as I seek to honor you through my finances. Help me to budget my money well, work hard, and save the resources you have given to me.

Deuteronomy 8:18 New King James Version (NKJV)

“And you shall remember the LORD your God, for it is He who gives you power to get wealth, that He may establish His covenant which He swore to your fathers, as it is this day.

A law passed in July 1955 by a joint resolution of the 84th Congress ( Pub. L. 84–140) and approved by President Dwight Eisenhower requires that "In God We Trust" appear on all American currency. This law was first implemented on the updated one-dollar silver certificate that entered circulation on October 1, 1957.

MATTHEW 25:14-30

Those with Biblical Wealth do not attach their self-worth to their net-worth, but see their wealth as an opportunity to manage what God has blessed them with. We are not owners of our wealth, we are not owned by our wealth, and we are commanded to allow wealth to flow through us to bless others.

The most important and practical trick from the currency trading secrets is to keep your chart clear. This of course does not mean that you should avoid the placement of the technical indicators and oscillators, it just means that every indicator on your chart should have a clear purpose and aim.

The Trading Bible goes through everything that is involved in trading to give you a great perspective on the overall market. It is intended for beginners and advanced traders. The Trading Bible dives into the basics of each market and expands into its complexities.

Can Christians do day trading? ›

If you don't believe that trading is a right thing to do, then you definitely should not do it. However, if trading is a sin, then Jesus is twice guilty of advising his disciples to commit sin.

Although there are some who experience gambling as something rewarding and fun, it tends toward being highly addictive and potentially ruinous. The Bible doesn't call gambling a sin as such, although the Bible warns against the love of money and get-rich-quick schemes.

Can you make enough money in forex trading to become a full-time trader? In theory, yes. Some individuals trade forex full-time and can make a substantial income. However, you should always remember that there is an element of risk when making trades, so you should never risk more than you can afford to lose.

Trader skills are the skills that financial traders, stock traders, investment traders and securities traders use to complete their day-to-day activities. These skills help prepare traders to work in high-stress, highly competitive environments and stand out from other traders.

Becoming a trader requires a background in math, engineering, or hard science, rather than just finance or business. Traders need research and analytical skills to monitor broad economic factors and day-to-day chart patterns that impact financial markets.

In her book, "The Forex Bible: A Practical Guide to Making Money in the Market", rising financial author Karolina Lind explains that a number of myths cloud the judgments of first-time forex traders.

“Command those who are rich in this present world not to be arrogant nor to put their hope in wealth, which is so uncertain, but to put their hope in God, who richly provides us with everything for our enjoyment. Command them to do good, to be rich in good deeds, and to be generous and willing to share.

The Global Role of the U.S. Dollar

Still, the U.S. dollar remains king. In addition to accounting for the bulk of global reserves, the dollar is the currency of choice for international trade.

What are the 7 sins of investing? ›

The author says that we are more vulnerable to the seven deadly sins (envy, vanity or pride, lust, avarice or greed, anger or wrath, gluttony, and sloth) in the world of investing that we are anywhere else in our lives. No one is perfect and we are all affected by our destructive emotional urges.

The Bible warns us against the temptation to hoard our wealth, but instead encourages us to be “rich toward God” (Luke 12:21 NIV). This means that we use everything in our life (including our money) to honor God.

Takeaway: Continually evaluate your heart and your motives when it comes to building wealth. Put God first and the wealth will come. Giving Increases Wealth Proverbs 11:24-25– “One gives freely, yet grows all the richer; another withholds what he should give, and only suffers want.

According to God's Word, there are four fundamental purposes for money: to provide for basic needs, to confirm direction, to give to those in need, and to illustrate God's power and care in provision. Understanding these purposes allows you to see how money relates to God's work in your life and community.

“Whoever loves money never has enough; whoever loves wealth is never satisfied with their income. This too is meaningless.” “But remember the LORD your God, for it is he who gives you the ability to produce wealth, and so confirms his covenant, which he swore to your ancestors, as it is today.”

Jesus tells him, “One thing you lack. Go, sell everything you have and give to the poor, and you will have treasure in heaven. Then come, follow me” (Mark 10:21). We're told that he went away sad because he had great wealth.

God does not supply money to satisfy our every whim and desire. His promise is to meet our needs and provide an abundance so that we can help other people. It is when we accept this principle that God will multiply our abundance as well.

You may say to yourself, "My power and the strength of my hands have produced this wealth for me." But remember the LORD your God, for it is he who gives you the ability to produce wealth, and so confirms his covenant, which he swore to your forefathers, as it is today.

God, I stand in financial need, but your word declares that you are an ever-present help in time of need (Psalm 46:1). I thank you that you are present and that you will provide me with the financial resources that I need to have stability.

How do I ask God for financial help? ›

Almighty Lord, I feel helpless and troubled while dealing with my current financial circ*mstance. Calm me with your majestic power and take me out of all these troubles. Dear God, hear my prayer, respond with your miracle, and bless me with abundance.

Father, I present my finances before You, and I pray for a financial miracle in my life. I pray for an increase in wealth and a decrease in losses. I choose to let go of the anxiety and depression that having a lack of finances has caused me. Amen.

Prayer for Wealth

I ask You for wealth, not for my gain, but that I may use it to bless others. Therefore, I petition You to increase my means of earning. Help me to bring in more, so that through You this money may be used to help others in Your name. Amen.

The meaning of this passage in Ecclesiastes has often puzzled people. Translated more literally, it says, “Cast your bread upon the waters, for after many days you will find it again.” Some think this refers to being generous toward others or to teaching people various skills that may take a while to learn.

According to God's Word, there are four fundamental purposes for money: to provide for basic needs, to confirm direction, to give to those in need, and to illustrate God's power and care in provision. Understanding these purposes allows you to see how money relates to God's work in your life and community.

However, there are four coins directly linked with Jesus in the New Testament: Phoenician shekel and half-shekel, Jewish Hasmonean lepton, and Roman denarius.

On April 22, 1864, the United States Congress passed an act allowing for 'In God We Trust' to begin appearing on U.S. coins. From 1864 until 1938 it appeared on various U.S. coins, each for a different duration.

A law passed in July 1955 by a joint resolution of the 84th Congress ( Pub. L. 84–140) and approved by President Dwight Eisenhower requires that "In God We Trust" appear on all American currency. This law was first implemented on the updated one-dollar silver certificate that entered circulation on October 1, 1957.

Ecclesiastes teaches that life is random and uncontrollable, so how do we live well under these circ*mstances? For the author of Ecclesiastes, any attempt to try and control our lives is pointless. But life itself is not.

What is the lesson from the book of Ecclesiastes? ›

In Ecclesiastes, the Teacher explores the meaning of life and searches for lasting value in this life. He considers wisdom, knowledge, pleasure, work, and time, but comes away from his search with a cynical and unsettling view: life is meaningless.

So what does it look like to lay up treasures in heaven? It means believing God's promises and identifying with God's people despite the sure affliction that will follow (Hebrews 10:32-34). God is faithful to his promises and what he promises his people—salvation, life and inheritance—is eternal and incorruptible.

Proverbs 22:26-27

Do not be a man who strikes hands in pledge or puts up security for debts; if you lack the means to pay, your very bed will be snatched from under you.

Avarice is one of the Seven deadly sins in the Christian classifications of vices (sins).

6:17–19, NIV. “Command those who are rich in this present world not to be arrogant nor to put their hope in wealth, which is so uncertain, but to put their hope in God, who richly provides us with everything for our enjoyment. Command them to do good, to be rich in good deeds, and to be generous and willing to share.