Do you play the stock market?
What kind of an investor are you? Do you engage in active trading, or do you prefer to buy and hold investments?
Active or “day” traders believe that through rapid, speculative trading they can gain a larger profit more quickly than through passive investing.
The “buy and hold” strategy, on the other hand, is based on holding stocks for a long period of time with the idea that their value will gradually increase over the years.
It’s beyond my pay grade to tell you which form of investing is better: after all, The Faith Cafe isn’t a financial blog.
But I do have a hot investing tip for you.
This tip comes from an unlikely source, but don’t worry, I’m not engaging in insider trading or passing on confidential information.
This sure-fire investment advice comes from the Book of Proverbs in the Bible.
Would you like to hear it?Read more