Here is a little Saturday morning project: Examine your Guidestone Funds -- equities, real estate, etc. -- and tell us what you see. Tad Thompson has done his homework (see below). We want to know what else might send red flags flying.
The Catholics Do it Right With Investing! GUIDESTONE might learn something.
Reading over on Total Truth, about Tad Thompson's information about Guidestone Financial Investments made us a little concerned.
I recieved a tip yesterday to look into the holdings of Guidestone Financial Resources. The information is very interesting. It seems that our very convention has a litany of inconsistencies when it comes to what we demonstrate from the floor and what we do within our organizations..
These holdings are no secrets - I invest with Guidestone. I do think we should be consistent as a denomination on all levels.
Starbucks: I love starbucks coffee - but they do have a pro-homosexual agenda. BP just did a story on this.
Carnival Cruise Lines - gambling, alcohol, and yes...gay cruises (sry...i forgot we are not supposed to use gay LOL)
Cox Communications and Comcast Cable: ########### and other questionable programming (What Tad didn't say is that both companies have hardcore porn on their pay-per-view services.)
Listen - I am not calling for a boycott of Guidestone and I really don't have a big issue with the alcohol resolution...I mean it seem silly to me to come out in arms in support of even social drinking in light of our culturally abusive climate today. But, instead of saying that no trustees should drink, maybe we should be asking our own institutions to be careful who we invest with
Well some might not have a problem with this type of investing, but we do. We think that the folks at Guidestone would do well to look what our Catholic brethren are doing. A few examples:
The Ave Maria Mutual Funds
America's fastest-growing Catholic mutual fund family.
The Ave Maria Mutual Funds are designed specifically for morally responsible investors who are looking for financially sound investments in companies that do not violate the core teachings of the Catholic Church.
Catholics across America use our five funds to build well-diversified investment portfolios.
Solid investment performance.Moral integrity.
The Ave Maria Mutual Funds place equal emphasis on investment performance and moral criteria in selecting securities. That means shareholders don't have to sacrifice financial performance for their pro-life and pro-family beliefs.
Every stock and bond we consider must first meet the strict financial criteria set by our experienced team of portfolio managers and analysts at Schwartz Investment Counsel, Inc., a registered investment adviser with over two decades of experience and more than $500 million in assets under management.Then, using a proprietary screening process developed by our distinguished Catholic Advisory Board, we eliminate those companies connected with abortion or pornography, or that offer their employees non-marital partner "benefits".
The Timothy Plan family of funds
The Timothy Plan ® is a family of mutual funds offering individuals, like yourself, a biblical choice when it comes to investing. If you are concerned with the moral issues (abortion, pornography, anti-family entertainment, non-married lifestyles, alcohol, tobacco and gambling) that are destroying children and families you have come to the right place.
The Timothy Plan® avoids investing in companies that are involved in practices contrary to Judeo-Christian principles. Our goal is to recapture traditional American values. We are America's first pro-life, pro-family, biblically-based mutual fund group.
posted by Arkansas Razorbaptist at 6/23/2006 08:54:00 PM