Do not be greedy for high gains by placing large “bets” on stocks or other investments or pursuing “get rich quick” schemes. Keep in mind a short-term “bet” is very different than a longer-term investment. If quick bets worked without a lot of risk, the person offering the “can’t miss” opportunity would not be trying to get you involved. Instead, they would use their own scheme to get rich and then go about their early retirement or pursuit of more money.

Speculative investment is fine as a diversification but be prepared for any investment to go up or down, no matter who recommends it.

1 Timothy 6:10 For the love of money is a root of all sorts of evil, and some by longing for it have wandered away from the faith and pierced themselves with many griefs.

Remember that all you have belongs to God. Manage your money God’s way. Visit GrowGodsMoney.org .