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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » What the Bible Says About Money (Shocking)

What the Bible Says About Money (Shocking)

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K.Haputantri

K.Haputantri
Co-Admin
What the Bible Says About Money (Shocking)

Thursday, 23 Jan 2014 07:40 AM
Ada Derana

Most people know Sean Hyman from his regular appearances on Fox Business, CNBC, and Bloomberg Television, but what they don’t know is that Sean is a former pastor, and that his secret to investing is woven within the Bible.

Perhaps that can explain why, despite his uncanny ability to predict precise moves in the stock market, Sean is often laughed at for his unique stance on investing.

For example . . . a few months ago Sean appeared on Bloomberg Television. At that time, Best Buy (BBY) was dropping to all-time lows of $16 a share. Sean predicted the stock could go down to $11 a share, and would then quickly rebound to $25 per share, and after that would rally to $40 per share over the next year.

Another commentator on the show actually mocked Sean for his stance, saying “$40 on Best Buy? If that’s the case Apple (AAPL) is going to $1,500. That’s the most ridiculous thing I have ever heard!” (Editor’s Note: At the time, Apple was trading at $650 per share).

Within a few weeks, Sean would receive the last laugh.

Best Buy dropped down to $11.20 a share and has since rebounded up to $42 a share — a 360% gain — exactly as Sean predicted. (Ironically, Apple has dropped down to about $400 per share).

During a recent private dinner with Sean, once he’d blessed the food, I wasted no time asking him what his secret is for investing so successfully.

I expected Sean to say that it was his years of experience at Charles Schwab or perhaps one of the complicated algorithms he uses for timing the stock market.

So when Sean responded that his secret to investing was the Bible, I was thoroughly shocked.

Yes, I knew Sean was a Christian (anyone who spends more than 1 minute with him will pick that up!). However, people usually keep their faith separate from things like . . . investing.

But not Sean.

For Sean, the Bible is his FOUNDATION for investing.

He explained to me how there is actually a “Biblical Money Code” woven into Scripture.

Sean says it is this Biblical Money Code that took him from making a mere $15,000 a year to now giving away up to $50,000 a year. Sean also credits this code with helping him turn his father’s $40,000 retirement account into $396,000.

Certain investment titans, Sean says, such as Warren Buffett and John Templeton, have already used this code to amass billions.

What Sean had to say impressed me so much that I asked him to put a presentation together that reveals how anyone could use this “Biblical Money Code.” (Click here to watch it now)

I’ve personally watched this presentation several times and it is already spreading virally.

During the video, Sean uses the teachings of King Solomon, Jesus of Nazareth, and the Apostle Paul to show how anyone can get out of debt . . . make sound investments . . . and morally build substantial wealth.

Sean even reveals a “debilitating ‘financial sin’ that blinds many . . . and could be costing you up to 41% of your life savings at this very moment.” What’s so deceiving about this sin is how innocent and safe it appears at first.

And at the end, he finishes up with his “12-12-12 plan for investing.” This is a simple step-by-step plan to go from being a saver, to an investor, to a philanthropist.

Click Here to Watch Sean’s Presentation, ‘The Biblical Money Code’

What the Bible Says About Money (Shocking) Bible_play_button

© 2014 Moneynews. All rights reserved.



Last edited by K.Haputantri on Sat Jan 25, 2014 3:11 pm; edited 1 time in total

Jake Sully

Jake Sully
Manager - Equity Analytics
Manager - Equity Analytics
Mr. Hapu, sorry to say, i started to watch the video long before, but for a good part of the vidoe it was crap. I was waiting that now he will come to the matter, but he was taking us on a ride.

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
End of the video ,he will ask to pay for his books from where we can learn his strategies etc.

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Actually this is another marketing trick .

[Quote]
What is the Biblical Money Code?

If you watch the video, you’ll learn that the Biblical Money Code is apparently a handful of New Testament quotes used to support a conservative investing strategy. That’s it.

No hidden codex here.
Sean Hyman, the pastor pitching this code, is really pitching his financial advice newsletter “The Ultimate Wealth Report,” which you can subscribe to for $47. The secret Bible-code stuff seems like a hook to get your attention.

So while the ads seem to indicate you can get 1000% returns using the Biblical Money Code, it’s far more likely you’ll just get some common-sense investing tips and a $47 newsletter.[/b]

[Quote ends]

So if 10,000 people pay 47/- they will get US$ 470,000

WWDNF


Equity Analytic
Equity Analytic
Beware: There are many Sean Hyman type pastors operating in Sri Lanka, who seem to have mastered the art of hoodwinking gullible locals to part with their money (by selling religion no less !!!!) I think they are making more money than many corporates. Wonder what we are doing here trying to earn small change  :t Crying or Very sad 

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
No religious philosophy in the world enhances the idea of heaping the wealth other than the distributing it to the needy ones. Hypocrites easily fool others disguised as pastors/priest/monks/nuns etc....

K.Haputantri

K.Haputantri
Co-Admin
I appreciate the concerns of all of you. All what you say are natural responses to this type of vedios, but, being a student of comparative religion, I look at it as a statement of applying catholic concepts to investing by a former Pastor. Sean being  a former pastor should be conversant with biblical teachings and he wants to share that knowledge with others for a worthy course.

Its true, that, he promotes his publications through this, but he has reasons to do that.

As you all have said, there is no secret biblical code as such here but he points out as to how one can earn a steady income by following certain religious (Catholic) concepts he has highlighted. Since, the vedeio is lenthy & very fast (not allowing you to grasp the meaning) many call it crap. Hence, I thought of summerising it for the benifit of all.

He begins with the statement by saying that his method which is very simple relieves of your debt, make you rich and ultimately a philanthropyst over the years! What a nobal caurse?

First, he says this is not for people who wants to get rich quicker through risky investments like speculation.

Second, he says he does not advocate risk free investments like FDs either.

Third, he says one should earn money without sin. Money isn't bad as a medium of exchange but what is bad is the "love of money" which always leads to many troubles in the society.

Forth, he advocates to "Look well into the matter." prior to taking any investment decision (both buy & sell), i.e. do your home work well; use fundamendal analysis, technical analysis & sentimental analysis; select rock-solid companies and foget short term fluctuations. You need to enhance your skills for this and if you feel you need help his publications are there to help (may be at some payment). Since this is the most dificult, as well as important, part of sound investments, I do not blame him for offering his publications at some payment.

Having said that, you all would notice, that, he has sifted out catholic concepts to fit into time tested and proven investment strategies adopted by many investment Guru's in the world. Its nothing new - same old recipe with a relegious coating of course to give moral boost to investors. Its a good effort. I appreciate it.

Recently, I posted an article here on practical use of Tao Buddhism (?A Mahayanic Sect in China) which is very usefull for all irrespective of ones religion.

Currently, I am in the process of compiling a Sinhala article on usage of Buddhist Concepts in share market investments. Similarly Islam & Hinduism too should have comparable concepts that could be adopted. One could write an article on that.

Good Luck!

Disclosure: I am a Buddhist & appreciate teachings of all other religions.

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@hapu
Good to know you follow comparative religious studies which is one of my interests. So far no direct topic of the point being discussed is encountered in other religions except zakat specified in Sharia law. Perhaps we may explore this further personally, if you do not mind. Thanks

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