Just before the financial crisis of 2008, I decided it was time to consult a financial planner. I rolled all my old retirement accounts to his company and chose the most aggressive growth strategy. It was terrible timing. I lost 35% of my hard-earned savings in mere months. I understood the Sunday morning quarterbacking that was rampant at the time, the wish to have safely invested if I’d known what was coming. It seemed everyone was spooked. Many delayed retirement. Some believed their losses would never be recouped.
Widespread fear would have pulled me down with it, had I not summoned the effort to ignore alarmists. It required a conscious choice to think spiritually. I made myself trust God. I didn’t consider Him as just a recipient of tithes, I wanted Him in control of all my resources. If that meant living in a tent subsisting on rice and beans…
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Ha! Funny that is your takeaway from this long blog post. Yes, it was risky, but I have a high risk tolerance. While it’s worked well for me, I wouldn’t recommend it for everyone. Investing is definitely not for the faint of heart.