Some months ago the Consumerist Commentary had a post that introduced faith shares. I have previously mentioned that I am yet to be convinced that faith based investing (in the strictest sense) is right for me at this time. That said, I respect anyone who feels convicted to show their faith in this way.
Different Types of Faith Based Investing Options
When I visited a faith based investing website, I was bewildered to see the breakdown of the types of shares:
- Baptist values
- Catholic values
- Christian values
- Lutheran values
- Methodist values
As a Christian, this makes me scratch my head. I don’t want to make this post a doctrinal post (as I know that can get ugly before you can even say Nebuchadnezzar). I understand that different Christian denominations have different doctrinal and theological beliefs. What I don’t understand, however, is why there needs to be so many denomination specific categories.
Would a Lutheran really be offended by holding a Christian values share? Would a Methodist violate their faith by investing in Lutheran values? I wonder which of these shares Jesus would buy?
I’ll be honest. I never knew that value shares were broken down into such intricate categories. As a result, it sort of turns me off from faith based investing even more.
The various options do highlight one point – it shows how murky the faith based investing waters can become. It shows how difficult it is to entrust others to make decisions according to your own faith.
What are your thoughts on the topic? Do you think the sub categories are good and healthy?