Is investing in the stock market gambling? Today on Insight, John and Josh Rosenstern address that question looking at the recent trading frenzy that involved the company GameStop and others. Brother Josh says investing in ownership in companies under normal circumstances is not gambling or sin, as many do with their 401k's. But the results were detrimental for some; as investor's coordinated purchasing the stock to artificially push the price up even though the company was not doing better. This “investing” was fueled by speculation and greed as GameStop went up 1600 percent. This cooperative manipulation, could cause the government to step in. Brother Josh says a created crisis often finds government being given a reason to step in. As Christians, we must be careful of everything we do. Brother John adds, if this results in government regulations on Wall Street, we will see it’s efficiency and opportunities lessen while depleting the ingenuity of economic solutions.
Up Next in 2021
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Insight - Jan. 28th, 2021
We have seen an aggressive first week for President Joe Biden. Today on Insight, John and Josh Rosenstern discuss Marxist theories, and the similarities we see in the new administration in the United States. In some respect, Brother John says we are going back to the days of the Obama Administr...
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Insight - Jan. 27th, 2021
Today on Insight, Josh Rosenstern discusses fear in the world with regards to money. Looking back at the recession of 2008-2009, he addresses the safety of money in the bank today. Brother Josh says at that time regulations were very loose and much of what happened was based on too few regulat...
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Insight - Jan. 25tth, 2021
Come out from among them and be ye separate. Today on Insight, John and Josh Rosenstern discuss how we should not put God in our box. Brother John says we must not presume how God is going to do something. God operates exclusively; we must not get in His way. God will use us, but it must be b...
