Does Imminent Bankruptcy Change Your Investment Plan?

Imagine for a minute that you know me as a 100% reliable and trustworthy source. Imagine also that I have just told you that I have undeniable evidence that the U.S. Government is going to file bankruptcy in Federal Court next Monday morning. What would be your reaction?

Ripple Effects of Bankruptcy?

I am not a guru when it comes to these types of issues, but I am fairly sure I could make some educated guesses about some of the ripple effects of an event like this. I assume you could do the same. In light of that, how does your current investment portfolio look? What would be your new financial plan?

Would you buy more shares of stock or sell what you have? Would you invest in the U.S. Dollar or move toward gold and silver? Would you make plans to spend as much as you could before the date of the event or would you try to invest in those areas (food, barter materials, etc.) that would contribute to your long term survival and well being?

Would any of these actions change if I told you the date of the bankruptcy filing was actually 6 months from now versus next week? What about one year from now or longer? How would your urgency change?

Truth Is Worse!

Obviously, I do NOT have advance notice of a bankruptcy filing like this. Unfortunately, the knowledge I have is far worse than this. In fact, I am fairly confident that you have this same knowledge that I have.

Folks, the truth is that this entire world that we inhabit is bankrupt. The filing has already been made and we are simply living out the discharge process. What is the only major difference in this news and my fictional bankruptcy filing?

Timing.

We read in 2 Peter 3 that this world is already scheduled to be destroyed. Everything in it will be destroyed and our works laid bare. Bankruptcy has been filed, but the discharge process is taking time. Peter tells us here that the Lord is patient, but the events are coming nonetheless.

Lost Value

Let me translate to be clear. Everything you “own” right now will be destroyed. It will have a value of $0. Any investments you have in land, buildings, stocks, etc. will be brought to a total value of zero. This is a total and complete bankruptcy with full liquidation of assets.

So…what is your plan? How does your current portfolio look? Do you feel good about its diversity? Are you wisely invested in those areas that will last after this bankruptcy?

Vague Timing?

Back to the issue of timing. In my fictional bankruptcy, I gave you a hard date, a timeline that you could see and one that would allow you to make necessary adjustments. The world bankruptcy explained by the Bible does not do this. No one knows when the final discharge will happen.

And that, my friends, is why many of us are asleep at the wheel. We think we have time. We are living with the illusion that we can deal with these eternal investment issues at some point in the future. Unfortunately, we simply do not know. Therefore, many sleep.

Portfolio Shift?

I am sorry, but I just don’t think that is what we are supposed to be doing. As for me, I am certain that I have entirely too much left invested in this world and not nearly enough laid up in heaven. I am working on that, but I have a long way to go.

What about you? What if this “world bankruptcy” were to be discharged today…how would your portfolio fare? If you are like me, that is a scary proposition. While I know without a doubt that my soul would survive the fire, I am concerned that I have too much stuff that would not.

Future Investment

I have told you before that my job description, and life’s goal, is to add silhouettes. To the extent that I can accomplish this goal, my investment in this effort will survive the fire. My struggle is to invest more and more time, energy, and resources into this effort and less into the material rewards of this world.

I must continue working to shift my portfolio away from the temporal and toward the eternal. I am convinced that we are called to live IN this world. I am just as convinced that we are not to make it our home. We should be renters here, not owners.

I encourage you to take some time and think through this idea of world bankruptcy. Think about where you are currently investing your time, treasure, and talents. Consider Paul’s warning (1 Corinthians 3:10-15) to us and begin doing work that will survive the fire. I think this would be a great investment for you!

What does your portfolio look like today?

What action do you need to take to correct it?

What is your level of urgency? What should it be?