February 8, 2016 – Austin Pryor and Mark Biller
Our clients often come to us seeking advice on what investments to make, when to make those investments, and how to receive the greatest return on the funds they invest. Many proven principles undergird the counsel we give to our clients, but even before we do that, it is imperative for us to recognize what we all are up against – the perils and pitfalls that can prevent us from achieving our financial goals.
Perhaps most important is a simple, universal truth: As investors, we can be our own worst enemies. This observation stems not only from our decades of practical experience as investors and money managers, but also is confirmed by what God tells us in the Bible.
Given our imperfect, fallen natures, and our disposition to concentrate on our own self-interests, it would be surprising if we were not the primary problem we face when investing. Consider for a moment the kind of people we are, as described in the Scriptures: