Investing In Turbulent Times with Benjamin Bailey

Show Notes

Turbulence is defined as a state of violent disorder or commotion and that certainly describes the stock market these days. It’s been a wild time on Wall Street lately. How should that affect investors who want to follow biblical principles with their holdings? Rob talks with Benjamin Bailey about investing in turbulent times. This is MoneyWise Live, biblical wisdom for your financial decisions.

• As an investment manager, helping steward over $2.3 billion in assets, what do you make of the market turbulence of the past few months?
• We’ve been hearing a lot about inflation - it’s reached 7.5% year-over-year which is the highest since 1982. How should people connect this concern with their investment portfolios?
• What led Praxis to this approach and how do you feel it has been received by investors and financial advisors?
• Your flagship fund is actually the Praxis Impact Bond Fund which currently has about $800 million in assets under management so what should investors understand about fixed income in the current, turbulent market?
• We’re told that inflation is expected to move lower soon but a lot of folks don’t believe that. What would you say to them?
• One question I get a lot concerns screening out companies engaged in things like abortion and pornography. How does that affect investment performance and on Kingdom Values from the Praxis point of view?
• We hear a lot about “impact” these days, particularly from faith-based and socially responsible mutual fund companies. Praxis Mutual Fund’s tag line is “Investing together. Impacting the world.” What does “impact” mean to the team at Praxis?

Next, Rob answers these questions at 800-525-7000 or via email at Questions@MoneyWiseLive.org:

• If you have 7 credit cards, all with zero balance, will keeping these negatively affect your credit score?
• How long does the interest rate shown on treasurydirect.gov last for the I-Bond?
• Considering a financial advisor and are interested in a Certified Kingdom Advisor, are all CKAs fiduciaries?
• How should you go about getting a pre-paid credit card to build your credit while avoiding the possibility of fraud?
• If you have about 23,000 of credit card debt, should you equity line of credit on a rental property or secure a zero interest card to pay off the debt?
• If you've already sold your 2nd home, how can you avoid capital gains?

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