Tuesday, October 14, 2008

Encouragement

This week's Marriage Memo began this way:

Where Is Your Trust?
Dennis Rainey
October 13, 2008
Are any of you a little weary of bad news right now?
For the last month, and especially during the past few weeks, negative news about our economy has battered us unrelentingly. The October 10, 2008 edition of the Wall Street Journal, for example, began with a huge headline: “Market’s 7-Day Rout Leaves U.S. Reeling.” Other headlines last week included, “Crisis Threatens Defense Programs,” “Economists Expect Crisis to Deepen” and “Searching for a Silver Lining: Prices Drop, Taking Spirits With Them.”
That last one is truly an understatement.
How much bad news can you take? Have any of you turned off your television or pitched the newspaper to the side and said, “Enough”?
But this is more than just bad news—it hits us personally. At times like this, it’s natural for us to be worried. Many of us are counting on our investments for helping our children with college and for living expenses in our later years.
At times like this, we need some perspective. Last week I received an email from Stephens, Inc., an investment firm in Little Rock, that included a memo written by W.R. “Witt” Stephens after the stock markets fell on “Black Friday” in October 1987. Witt Stephens has since passed away, but the firm thought it was appropriate to revive his memo, saying, “His wisdom and good advice lives on.”

In order to read Mr. Stephens's memo and the rest of the article, click on the following link. Due to copyright issues I'm not allowed to put in on my blog. Please read it.

http://www.familylife.com/site/apps/nlnet/content3.aspx?c=dnJHKLNnFoG&b=3781137&ct=6087127

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