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Investors Are Interested In Moral Choices, MMM 5-3-2010

INVESTORS ARE INTERESTED IN MORAL CHOICES

Monday Morning Message, May 3, 2010

In a recent issue of Pensions & Investments (April 19, 2010) it was listing current trends in the investment world and one of them was a movement toward "Going Green".  This is thought to be a Socially Responsible Investing (SRI) concept and in fact it has been adopted by many people who follow SRI theories.  Some providers have even gone so far as to package their offerings to investors under the title of a "green 401(k)".  The screening process to produce a "green 401(k)" will often include holdings that produce alternative energy; avoid companies that are harmful to the environment; and also challenge companies who are excessive consumers of energy.

In comparing the concerns of Biblically Responsible Investors who clearly have important priorities such as avoiding companies that profit from pornography, gaming, abortion, alcohol, and tobacco.  BRI providers are also concerned about the promulgation of agendas offered by the Gay Lesbian Transgender and Bisexual movement and rightly so.  But the going green movement is a mystery as to why it has not been embraced by the BRI providers.  As God's stewards of the world and universe that He created, our responsibilities go far beyond the global warming or political dialogue and seem like a future area of interest that BRI investors will want to explore.

The proxy season is in full swing and one of the issues you can vote FOR this year involves "say on pay".  These will be non-binding but important ways to communicate with managements where excessive executive compensation can be laid open to expose glaring payments to undeserving managements.  Also, I suggest that any request for approval of stock options that is not accompanied by a statement of dilution, receive a NO vote along with a note to management for why the "NO" vote. 

Many people believe it is time to see shareholders bring more accountability to management including Vanguard founder, John Bogle, who feels "the faith of investors has been betrayed." Even columnist Karen Blumenthal (Wall Street Journal) opined that this year's proxy votes might even make a difference.  Is it time to add a Biblical dimension to your investing strategies?  As a short term steward of the blessings God has given to you, how do think the owner would have you proceed? 

I Chronicles 29:12 (NIV) "Wealth and honor come from you; you are the ruler of all things. In your hands are strength and power to exalt and give strength to all."

(PLEASE NOTE OPPORTUNITIES COMING YOUR WAY)

Our website will open soon at www.kingdomgains.com  keep watching!

From Carol & Tom (just fun)

http://www.youtube.com/watch?v=cuIJRsAuCHQ&feature=popt02us03


REMINDER FOR FINANCIAL ADVISORS IN THE TAMPA BAY AREA:

MAY STUDY GROUPS WILL BE MEETING IN AT LEAST THREE LOCATIONS: LET ME KNOW IF YOU WOULD LIKE TO ATTEND!

NORTH: Idlewild Church, May 13

DOWNTOWN: DIBC, May 20

OLDSMAR:  May 21


ATTENTION THOSE IN NORTHEAST OHIO!

A great opportunity to bring friends & colleagues to The Cleveland Leadership Prayer Breakfast with a great Christian speaker on May 20th. New venue with Free Parking at the IX Center! 

We are excited to have as our principle speaker, Ken Blanchard, prominent sought-after speaker and author of The One Minute Manager® and other well-known books such as Raving Fans® and Gung Ho®. Few people have influenced day-to-day management and companies more than Ken Blanchard. Ken has been inducted into Amazon's Hall of Fame as one of the top 25 best-selling authors of all time. He is the co-founder of The Ken Blanchard Companies®, an international management training and consulting firm. Other participants will include well-known names in the Cleveland area such as Larry Morrow, who will serve as the program emcee.  

www.neocbmc.com   to order your tickets!