It is a common notion that investing in the stock market is gambling. For some Christians, they have shied away from the stock market because they believe it is actually a form of gambling.

As a believer, I believe otherwise. While there is a lot of risk associated with investing in the stock market, it is far from gambling. The next question, is investing in the stock market ‘unbiblical’ ?

Let’s hear it from Pastor John MacArthur from www.gty.org —

Click http://www.gty.org/Blog/B110627

The Philippine Stock Market Index was down today at 4,349.11.

PLDT, an index heavyweight of about 15% of the weight was down by about 8.1% which resulted to the decline of the index.

Let’s see how the market behaves next week.

The Philippine Stock Market Index nearing is 4,400 while our the Philippine Peso exchange rate against the US Dollar is about to breach the P41 mark. In the next few days, this scenario might be realized if we follow the trend.

The bullish market is buoyed by good prospects for Philippine corporations and a bullish environment preceded such a sentiment. The market is reflected by sentiments, in reality.

The weakening US Dollar has also resulted to a strengthening Philippine Peso and a 40 to 41 rate by year end may actually be realized. The appreciation of the Peso will definitely have an impact on the huge OFW remittances as well as the exporters segment – both critical components of our economy.

On the other hand, it seems that the Oil prices are rising which will have inflationary impact (rising of prices). The good news is, a stronger Peso will somewhat cushion the rise in oil prices and in a way, help ease inflationary pressures.

My 2 cents.