FISM Strategy: The Basics Of The Buy And The Broad List

Today’s stewardship verse comes from Job 34:4, prompting us to choose what is right and know what is good. This scriptural wisdom is explored through Job’s experiences and how God sometimes allows suffering for His glory, similar to Jesus’ healing of the blind man in John 9. Seth discusses the importance of obedience and wisdom during difficult times, relating it to financial stewardship.

The conversation shifts to the ministry’s stock recommendations, highlighting the FISM buy list and broad list. The buy list contains vetted companies deemed good buys, while the broad list includes companies of interest that may not meet buy list criteria. Shana emphasizes the importance of understanding the strategy and cautions against misusing the broad list.

Eligibility for the buy list relies on being biblically responsible and meeting fundamental business criteria. Shana and Seth stress the need for diversification within sectors and avoiding over-concentration. They also explain the steps taken when a company on the buy list becomes non-biblically responsible.

Detailed rules for using the lists include only buying from the buy list, being patient for new entries, and ensuring diversification within sectors. They advise against ‘fishing’ from the broad list, and explain that sell alerts are issued when a company no longer meets the criteria, sometimes providing strong suggestions based on concentration or sector weighting.

Overall, the discussion ties financial stewardship to scriptural obedience, emphasizing simplicity, wisdom, and careful adherence to the ministry’s guidelines for selecting and managing investments.

 

 

SHARE THIS WITH YOUR FRIENDS!

Changing your plan may require you to select new sectors for certain stocks