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FW: Day 308 - Can Catholics speculate in stocks?

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  • Albert Andries
    Panduan bermain saham.:). From: Read the Catechism in a Year [mailto:mail@flocknote.com] Sent: Tuesday, August 20, 2013 3:17 PM To: albert andries Subject: Day
    Message 1 of 1 , Aug 20, 2013
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      Panduan bermain saham.:).

       

       

       

      From: Read the Catechism in a Year [mailto:mail@...]
      Sent: Tuesday, August 20, 2013 3:17 PM
      To: albert andries
      Subject: Day 308 - Can Catholics speculate in stocks?

       

        Day 308 - Can Catholics speculate in stocks? The Seventh Commandment: You shall not steal. ...

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      Read the Catechism in a Year

       

       

       

       

      The Seventh Commandment: You shall not steal.


      May a Christian speculate in the stock market or in Internet stocks?

      A Christian can speculate in the stock market or in Internet stocks, as long as he does so within the parameters of normal business practices for prudently investing one's own or someone else's money and does not thereby break any other commandments.

      Speculating in stocks becomes immoral when dishonest means are used (for instance, insider information); when the transaction puts one's own or another's life savings at risk instead of insuring an income; when such speculation becomes an addiction, as with games of chance. (YOUCAT question 432)


      Dig Deeper: CCC section (2413) and other references here.

      The Chaplain of the Chicago Cubs tells his Story: The Baseball Priest by Fr. Burke Masters

       

       


      This text comes from the YOUCAT - an accessible expression of the Catechism of the Catholic Church in a simple Q & A format. [Learn more here]

      Copyright 2011 by Ignatius Press, San Francisco.
      Sponsored by Lighthouse Catholic Media, NFP. Powered by Flocknote.

       

       

       

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