6 December 08. City Harvest Church. Sermon by: Rev. Dr. John Avanzini
Brother John mentioned that the purpose of end-time wealth transfer is end-time harvest.
Genesis 47: 6, 27. The best land in Egypt was Goshen. This is how God recession-proof Jacob. Through Joseph, God bring Israel to live in Goshen and the Israelites prosper in the [...]
October 4, 2008. City Harvest Church. Sermon by Rev. Kong Hee
LOAN
DEBT
Loan is borrowed money that’s serviceable
Unserviceable
Invest in assets that appreciate
Invest in things that depreciate
Luke 16:13 (KJ21)
13No servant can serve two masters; for either he will hate the one and love the other, or else he will hold to the one and despise the other. Ye [...]
You need to avoid what is known as aggressive accounting. However, rest assured that you don’t need CPA to uncover fraudulent financial statement. You only need to take note several red flags:
I. Declining Cash Flow
Over time, increases in a company’s cash flow from operations should roughly track increases in net income. If you see cash [...]
Taken from The Five Rules For Successful stock investing by Pat Dorsley.
There are three financial statement that you need to take note:
The balance sheet is like a company’s credit report because it tells you how much the company owns (assets) relative to what it owes (liabilities) at a specific point in time. It tells you [...]
Human being is a social creature. Deep in our heart, our greatest need is to be acknowledged by others. That’s why the most cruel punishment is solitary confinement. Abraham Maslow, the famous psychologist, also rank “respect of others”, “confidence”, “achievement” high in his hierarchy of needs. This acknowledgements and respect from other human will form ego, or sense [...]
