WHAT DOES "FAITH BASED INVESTING" MEAN TO PRAXIS?
At Praxis, Faith Based Investing is all about letting your faith guide your investment decisions. It's not just about smart money moves; it's about aligning those moves with your Christian principles. This approach is key for those looking to ensure their investments reflect their values.
HOW HAS FAITH BASED INVESTING EVOLVED OVER 30 YEARS?
Initially, it focused on avoiding investments in industries that conflicted with Christian ethics. Now, it's grown to include proactive impact through investments, like engaging in shareholder advocacy and investing in community projects. This evolution marks a shift from merely avoiding harm to actively doing good.
WHAT'S THIS "DISTANCE FROM THE ACTUAL BUSINESS" CONCEPT?
This refers to the modern form of investing through stocks and mutual funds, where direct involvement in business operations isn't the norm. Despite this, the foundational Christian command to love one's neighbor as oneself still applies, guiding investors to choose businesses that uphold these values, even from afar.
HOW HAVE FAITH BASED INVESTORS PERFORMED OVER THE YEARS?
You might wonder if prioritizing values over returns means sacrificing financial performance. Fortunately, the landscape has evolved significantly, offering a broad spectrum of faith-oriented investment options that don't compromise on returns. This growth means investors can remain true to their values without sacrificing financial success.
WHAT'S ON THE HORIZON FOR FAITH BASED INVESTORS?
Looking forward, the industry is set to continue its evolution, offering an even wider range of products that cater to diverse Christian values and expressions. This expansion means investors can expect more opportunities to invest in ways that truly reflect their faith, from supporting ethical businesses to focusing on social justice.
ANY WORDS OF ENCOURAGEMENT FOR THOSE CONSIDERING FAITH BASED INVESTING?
Faith Based Investing is a viable and impactful approach that you can adopt. When meeting with your financial advisor, consider discussing how to integrate your faith with your investment portfolio. The increasing number of advisors familiar with this approach is a positive trend, offering more support for those looking to invest according to their values.
ON TODAY’S PROGRAM, ROB ANSWERS LISTENER QUESTIONS:
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