Friday, December 5, 2014

Party Like It's 1929, S&P Hits 49th Closing High

Party Like It's 1929, S&P Hits 49th Closing High - ft.com

Excerpt from this article:

"The S&P 500 notched its 49th record closing high of the year on Friday, as the benchmark index climbed 0.2 per cent to 2,075.55. The gain takes the number of record closes above those set in 1929..."
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One of my relatives used to be a banker - and a Christian (not always an oxymoron!).  She used to give this advice: "Invest in the Lord - the returns are out of this world!"

The Bible says:

"Go to now, ye rich men, weep and howl for your miseries that shall come upon you. Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days. Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of sabaoth." - James 5:1-4

And

"For what is a man profited, if he shall gain the whole world, and lose his own soul? or what shall a man give in exchange for his soul?" - Matthew 16:26


Recommended reading:


How I Found Christ?

 How I Found Christ? by Charles Spurgeon (1834-1892)