Shared conversation
Ellen White on Shares: Worldly vs. God's Work
What does Ellen White say about buying shares?
What does Ellen white say about buying shares
AdventAI
Buying shares is a practice Ellen White discusses, often with a clear warning against their use in worldly speculation, but also recognizing their potential for supporting God's work. It's a topic that touches on the principles of stewardship, self-denial, and the proper use of financial resources for God's glory.
Worldly Speculation and its Dangers 🌍📉
Ellen White strongly cautions against investing in worldly speculations, particularly in mining stocks and real estate. Such investments are seen as a "snare" that can eat away at one's interest in and love for the truth, engrossing minds in business affairs to the point where they cannot distinguish between the sacred and the common. She highlights that this practice blunts discernment and opens individuals to the enemy's deceptive power.
Examples of these dangers include:
Loss of focus on eternal things: The passion for money-making can become all-absorbing, causing earthly riches to eclipse heavenly treasure and eternal things to fade in importance.
Financial ruin and spiritual peril: While initial success might occur, it often leads to greater speculation, resulting in confusion, loss, and even total ruin for many. Some have been so consumed by the pursuit of wealth that they lose reason and even their lives.
Diversion of God's means: Money that should be used for the advancement of God's cause is diverted to other purposes, crippling the work.
Dishonest practices: Buying and selling city lots at inflated prices is considered a "species of robbery," reflecting the dishonest practices prevalent in the world. These actions are recorded in the books of heaven as untruthfulness.
She emphasizes that God does not want His people to invest in mining stock, considering it burying the Lord's talent in the earth. The Lord’s resources are unlimited, and we are merely instruments in His hands.
Investing in God's Cause: A Different Kind of "Shares" 🙏💖
In contrast to worldly speculation, Ellen White advocates for "taking shares" or investing in God's work, particularly in publishing houses and health institutions. This is not for personal gain but as a sacrificial offering for the advancement of the gospel.
Key aspects of this principle include:
Liberality and Sacrifice: Funds for these institutions should be raised through liberality and sacrifice, rather than through inducements of large percentages or good investments. The offering should be made with reverence and gratitude.
No expectation of financial return: While some early institutions might have initially offered dividends or stock that paid a percentage, Ellen White later made it clear that such investments should be considered gifts, without expectation of financial return. Her own investments were a gift, and she did not wish to withdraw them even in times of financial difficulty for the institutions.
Relief for the poor: Investing in institutions like the Health Institute should be done to enable them to help the "humble, worthy poor" who cannot afford treatment.
Heavenly Treasure: Investing in God's cause is seen as laying up "capital stock in heaven" or "treasure in heaven". This is the only treasure that is eternally secure. Those who invest sparingly in God's cause while accumulating earthly riches will receive heavenly treasure according to their investment in "heavenly stock".
Duty and Privilege: It is the privilege and duty of God's people to invest their means where it will do good and scatter light to the world.
It is important to remember that money is a precious gift from God, to be received gratefully and used discreetly, with all fidelity, as stewards of His capital. We are to honor the Lord with our substance.
Practical Application and Stewardship 🏡💰
Beyond formal investments, Ellen White also touches on the broader concept of "shares" in daily life and responsibilities:
Sharing burdens: We are called to share the burdens of the household and of God's cause. This demonstrates how we would conduct ourselves in heavenly courts.
Family economy: Children should bear a share in family labor to obtain valuable education and contribute to the family's enjoyment. Parents should practice economy and self-denial to educate their children in morally sound environments, considering such an investment more valuable than bank stock.
Avoiding idleness: All have responsibilities to bear, and none can be excused from improving their faculties for God's glory.
Righteousness and character: The focus should be on building character and living a life of self-denial and sacrifice, which are evidences of discipleship.
Ultimately, Ellen White's counsel on "buying shares" is about discerning between worldly pursuits that lead to ruin and investments in God's work that yield eternal returns. It’s about being good stewards of all that God has entrusted to us, using our resources to advance His kingdom and bless others. As it is written, "Sell that ye have, and give alms; provide yourselves bags which wax not old, a treasure in the heavens that faileth not, where no thief approacheth, neither moth corrupteth" Luke 12:33. This path ensures that we obtain the victory over selfishness and love of the world, enabling us to share in the "refreshing" and stand in the day of the Lord.
Sources · 49
- 5LtMs, Ms 2, 1888, par. 11Letters and Manuscripts — Volume 5 (1887-1888)
- 15MR 68Manuscript Releases, vol. 15 [Nos. 1136-1185]
- 6LtMs, Ms 26a, 1890, par. 3Letters and Manuscripts — Volume 6 (1889-1890)
- 5LtMs, Ms 2, 1888, par. 12Letters and Manuscripts — Volume 5 (1887-1888)
- 6LtMs, Ms 26, 1890, par. 2Letters and Manuscripts — Volume 6 (1889-1890)
- 5T 261.2Testimonies for the Church, vol. 5
- 15MR 70.2Manuscript Releases, vol. 15 [Nos. 1136-1185]
- 2LtMs, Lt 17, 1872, par. 9Letters and Manuscripts — Volume 2 (1869 - 1875)
- 4LtMs, Ms 35, 1885, par. 8Letters and Manuscripts — Volume 4 (1883 - 1886)
- PUR May 18, 1911, par. 2Pacific Union Recorder
- PUR May 18, 1911, par. 23Pacific Union Recorder
- 6LtMs, Lt 11, 1889, par. 7Letters and Manuscripts — Volume 6 (1889-1890)
- 12LtMs, Ms 12, 1897, par. 22Letters and Manuscripts — Volume 12 (1897)
- 20LtMs, Ms 114, 1905, par. 3Letters and Manuscripts — Volume 20 (1905)
- 20LtMs, Ms 114, 1905, par. 22Letters and Manuscripts — Volume 20 (1905)
- TSA 23.3Testimonies to Southern Africa
- 4T 596.1Testimonies for the Church, vol. 4
- 1T 635.2Testimonies for the Church, vol. 1
- 1T 639.2Testimonies for the Church, vol. 1
- T14 7.2Testimony for the Church — No. 14
- T14 11.1Testimony for the Church — No. 14
- 6BC 1118.3EGW SDA Bible Commentary, vol. 6
- 3T 173.2Testimonies for the Church, vol. 3
- PH138 28.2The Health Reform and the Health Institute
- T22 73.1Testimony for the Church — No. 22
- 17LtMs, Ms 93, 1902, par. 7Letters and Manuscripts — Volume 17 (1902)
- RH August 4, 1903, par. 4The Review and Herald
- RH August 4, 1903, par. 9The Review and Herald
- 18LtMs, Ms 66, 1903, par. 1Letters and Manuscripts — Volume 18 (1903)
- 18LtMs, Ms 66, 1903, par. 9Letters and Manuscripts — Volume 18 (1903)
- CH 262.1Counsels on Health
- SpTB19 22.1The Spirit of Sacrifice
- RH January 9, 1883, par. 12The Review and Herald
- RH December 6, 1887, par. 14The Review and Herald
- RH October 3, 1907, par. 1The Review and Herald
- 4T 453.2Testimonies for the Church, vol. 4
- 1T 519.2Testimonies for the Church, vol. 1
- PM 107.2The Publishing Ministry
- 13LtMs, Lt 53, 1898, par. 11Letters and Manuscripts — Volume 13 (1898)
- 14LtMs, Ms 26, 1899, par. 7Letters and Manuscripts — Volume 14 (1899)
- CEv 96.1The Colporteur Evangelist
- KC 84.4The Kress Collection
- 15LtMs, Lt 110, 1900, par. 13Letters and Manuscripts — Volume 15 (1900)
- 1LtMs, Lt 8, 1867, par. 12Letters and Manuscripts — Volume 1 (1844 - 1868)
- ST May 4, 1882, par. 11The Signs of the Times
- CSW 144.2Counsels on Sabbath School Work
- 2T 490.2Testimonies for the Church, vol. 2
- CET 113.1Christian Experience and Teachings of Ellen G. White
- EW 71.2Early Writings