5 Virtues for Hard Economic Times

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H/T Sue of Half the Kingdom

Financial Advice - Trust. Pray, hope, and don't worry

DEVOUT MONEY MANAGER WARNS OF FUTURE IN STARK TERMS AND OFFERS A 'SAFE HAVEN'

It was years ago, in 1999, that a devout Catholic investment expert began telling his clients -- for whom he managed $100 million in equities -- to start getting out of stocks: that there would be a long-term downturn like the 1920s and 1930s.

Researching historic cycles, Peter Bruno (a multi-millionaire himself), who owns Wall Street Money Management Group in Boca Raton, Florida, saw the market topping soon -- and then plummeting.

One reason: like the 1920s, there was a boom in technology stocks (back then it was radio, agricultural inventions, canned food, household appliances, and automobiles), and like the time period, it was going to go bust, he feared -- which it did...

Shared by Sue

Prayer in Time of Economic Hardship

I found this prayer in one of my prayer books. I hope it helps someone who may be needing it. I also encourage those who can to offer this prayer for those in need.

Heavenly Father,
it is symptomatic of our life today
that economics plays a large part in it.
People labor zealously for a wage
so that they can acquire the needs of life
for themselves and t heir families.
They also work for the so-called luxuries of life,
for the opportunity to have more leisure
to develop themselves in more ways,
and to keep up with their particular state of life.
Right now I find myself in a bad economic condition.
I just cannot seem to make enough money
to take care of myself and my family.
Please help me in this danerous situation.
Teach me to live within my means
while at the same time striving to increase those means.
Let me never lose heart but continue to work on.
Most of all, inspire me to seek first your kingdom
in the knowledge that everything else will be givne me together with it.
Amen.

- New Saint Joseph People's Prayer Book