Psalm 14 The Virtues of Capital
4 Where there are no oxen, the manger is empty,
but from the strength of an ox comes an abundant harvest.
I read this passage as a warning to those who might fear investing in capital because it will require upkeep. Wise investments (oxen) generate a stream of benefits (feed) that help sustain the value of the investment.
Like most american's, my biggest investment is my home. My wife and I sometimes feel like we are living to "feed" it. Any ideas about how I can get it to feed itself? Or should I admit that its a consumption expenditure (in which case, why not go back to renting)?
but from the strength of an ox comes an abundant harvest.
I read this passage as a warning to those who might fear investing in capital because it will require upkeep. Wise investments (oxen) generate a stream of benefits (feed) that help sustain the value of the investment.
Like most american's, my biggest investment is my home. My wife and I sometimes feel like we are living to "feed" it. Any ideas about how I can get it to feed itself? Or should I admit that its a consumption expenditure (in which case, why not go back to renting)?
Posted by William Clark on
Wednesday March 14, 2007 at 7:58am
The more difficult question, of course, is choosing a level of consumption of housing. Every dollar spent on the mortgage (or upkeep) is a dollar less for the kingdom.
I welcome your thoughts.