Do not get any gold or silver or copper to take with you in your belts — no bag for the journey or extra shirt or sandals or a staff, for the worker is worth his keep.
Matthew 10:9-10
I have been confronted with a fairly common question from believers. Should Christians invest in stocks? There are a lot of aspects to this question but one of the main debates goes to the question of faith. Many believe that such an investment undermines our faith in God as our trust should be in him, rather than in our investments, for our provision.
In some Christian circles, the argument goes that anyone who invests is a lover of money and is demonstrating a lack of faith by investing in assets like property or stocks. Their answer to the question —should Christians invest in stocks— is a resounding no!
Jesus instruction to the disciples in Matthew 10:9-10 is a common passage that Christians reach for whenever discussing the idea of investing for the future, versus faith in God. Jesus told his disciples to trust in the Lord for their provision. There was no need for them to plan for their the future, because God would work things out so that they would have all that they need.
However, there is something that we need to take note of when considering this passage. Jesus’ words to the disciples were specific to this journey. We see that by looking at his words to these same disciples in the following passage.
Then Jesus asked them, “When I sent you without purse, bag or sandals, did you lack anything?”
“Nothing,” they answered.
He said to them, “But now if you have a purse, take it, and also a bag; and if you don’t have a sword, sell your cloak and buy one.”
Luke 22:35-36
On this occasion, Jesus tells his disciples to provide for themselves in a more proactive way; by saving, buying, selling, and planning for the future. These were some of Jesus’ final words to his disciples, before he was arrested and crucified. They were his instructions on how we should carry out God’s mission after His death.
Two different journeys; two different instructions. We can’t take one verse and build a belief system around it without considering the other verse as well. After all, both instructions came from Jesus. He could not have been condemning the idea of investing, saving, and preparing for the future in Matthew 10, if he then instructed his disciples to actively engage in these activities at a later date.
Should Christians Invest in Stocks?
I would take this a step further. I find it strange that the same believers who rage against the idea of investing — on the grounds that it demonstrates a lack of faith — think nothing of waking up at the crack of dawn and commuting into work each day. There they will slave away at their jobs for eight to ten hours, before facing the reverse commute back home. And they will do this five to six days a week for forty to fifty years of their life… all to earn a paycheck at the end of each month!
If these believers are so sure that God will provide for them in their retirement, why not demonstrate that same faith with respect to their next paycheck? Why not simply quit their jobs and trust God for their monthly income, according to their interpretation of Matthew 10:9-10? The reason is simple; they recognize that to do so would be foolish, and it would put their income at risk. In so doing, they acknowledge that a level of pragmatism is needed. In this, they will get no judgment from me; they are exercising wisdom and protecting their income, while maintaining their faith in God. However, I will challenge the notion that investing for the future should, for some reason, be weighed using a different scale.
We can’t have it both ways. Investing for the future and working for immediate income are flip-sides of the same coin. Either both are wise — and sensible according to scripture — or neither is.
So, should Christians invest in stocks? I, for one, believe that we should invest for the future. Furthermore, I believe that there are sound Biblical reasons to do so. As long as we understand that we are not storing up treasure on earth in order to live a life of leisure. Rather, we should be doing this in order to build God’s kingdom. We do this by using the passive income generated from our investments to support us as we go about God’s business, as well as to support others in their service to God.
An investment portfolio might include property, stocks, commodities or any number of other asset classes. I am not here to tell believers which asset classes or, indeed, which stocks they should invest in. I will simply say that, from what I see in scripture, it is okay to do so and does not contravene God’s word, in principle.