Aligning Your Investments with Your Faith: An Introduction to Biblically Responsible Investing
Biblically Responsible Investing (BRI), also known as faith-driven investing, is a growing trend for those who want their financial decisions to reflect their Christian values.
Core Tenets of BRI
BRI is rooted in the belief that we are stewards of the resources God has entrusted to us. This extends to our investments. We focus on investing in companies whose practices align with biblical principles, such as:
Stewardship: Using resources wisely and responsibly, including the environment and the company's workforce.
Sanctity of Life: Avoiding companies involved in abortion, embryonic stem cell research, or certain weapons manufacturing.
Family Values: Supporting companies with strong family-friendly policies and responsible marketing practices.
Justice: Investing in companies that promote fair treatment of workers, ethical sourcing, and community development.
How to Invest Biblically
There are several ways to incorporate BRI into your investment strategy:
Mutual Funds and ETFs: Several financial institutions offer faith-based mutual funds and ETFs that screen companies based on biblical criteria.
Individual Stock Picking: Research companies and invest in those that align with your values. Consider using screening tools offered by some financial advisors.
Working with a Financial Advisor: Find an advisor (like Solid Rock Retirement Strategies) who understands BRI and can help you build a portfolio that reflects your faith.
Important Considerations
BRI comes with its own set of considerations. Here are a couple things to keep in mind:.
Screening Criteria: Different BRI funds have different screening criteria. Understand what's important to you and choose a fund that aligns with God’s Values.
Do your research: Just like any investment, carefully research BRI options before investing.
Conclusion
BRI allows you to grow your wealth while staying true to your Christian beliefs. By aligning your investments with your values, you can experience the satisfaction of knowing your money is being used for good. Remember, BRI is a journey, not a destination. With careful planning and research, you can build an investment portfolio that reflects your faith and helps you achieve your financial goals.
Biblically Responsible Investing brought to you by Jim Kreid and the Solid Rock Retirement Strategies Team. Securities and Investment Advisory Services offered through Silver Oak Securities, Inc., Member FINRA/SIPC. Solid Rock Retirement Strategies and