Market trends
May 27, 2020
M I’m Miriam Neff-with STARTING OVER FINANCIALLY,-and I’m Valerie Neff Hogan, and we’re here to talk about money.
M Uncertain times like today we can become myopic and only look at today’s unknowns. Let’s look at the big picture. Consider the history of our countries economy.
V If you had invested $1,000.00 in 1900, what would it be worth today? Since that time we had a flu pandemic in 1917, two World Wars, the Great Depression, terrorists attacks, the Cold War, Viet Nam, Korea. Times of stagnation and inflation cycle through. Today, that $1,000.00 would be worth 57 million.
M Lets remind ourselves that our country is resilient. Proverbs says save and invest. Proverbs 30: 25. Work in summer because winter will come. Matthew 25 admonishes prudent investing. Let’s not ignore these Scriptures in these uncertain times.