A Parable for the New Forest!
How we manage our money is important and the Parable of the Talents contains some useful pointers towards how to do it wisely
Ed note: This month's reminder by Station Financial of the importance of managing our money is timely - both for the new financial year and for the rapidly changing times in which we live and to which we must keep adapting.
How we manage our money is important. You might be surprised to know that the Bible contains around 2000 verses on the topic of money.
The Parable of the Talents*
One such example is The Parable of the Talents. In this parable, three men are given talents (a monetary unit worth about 20 years’ wages for a labourer) from their master. To one, five talents are given, to another two, and to the third, one talent is given.
Both the men with five and two talents went away and traded with them, doubling what they had been given.
But the man with one talent dug a hole in the ground and hid the money to keep it safe.
Upon the masters return he was pleased to find that two workers had grown their money but was displeased with the man who had done nothing with what had been given to him.
There is much to be gleaned from this parable, and at Station Financial we would highlight to you the wisdom of investing.
We have positive relationships with many product providers and fund managers who offer excellent ways to help you grow your money.
Don’t worry about how many talents you have
As you can see from the parable, it doesn’t matter how many talents you have, it matters most what you do with them; don’t assume investing is only for the very wealthy.
Whether you are risk averse, or a risk taker; have a little or a lot, we can explore all the options for your money based on your individual needs and circumstances.
Don’t dig a hole in the ground
By choosing funds that spread the risk into a range of different asset classes, and with smoothing techniques to protect you from a volatile marketplace, you can be less likely to see dramatic falls in valuation and more likely to see steady growth in what you put in.
Talk to us about the possibility of Stocks & Shares ISAs or a Managed Portfolio if you would like to see higher growth on your investment.
Why not make an appointment today by calling us on 01425 611 666 for a free initial consultation to discuss how we might help your money grow.
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The value of your investments and any income from them can fall as well as rise and investors may not get back the amount invested.
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* The Parable of the Talents
Versions of the Parable of the Talents appear in the gospels of both Matthew and Luke. The story goes that a master puts his servants in charge of his goods while he is away on a trip. Upon his return, the master assesses the stewardship of his servants. He evaluates them according to how faithful each was in making wise investments of his goods to obtain a profit. It is clear that the master sought some profit from the servants' oversight. A gain indicated faithfulness on the part of the servants. The master rewards his servants according to how each has handled his stewardship. He judges two servants as having been "faithful" and gives them a positive reward. To the single "unfaithful" servant, who played it safe, a negative compensation is given.