It looks like Wall Street is having a little bit of trouble.

For about 8 years I’ve been warning people here and there that the real estate market was overvalued and would someday result in a massive crash.  Oddly enough my main source of info was a preacher in Times Square, who had been warning of a financial crash for years.  I’ve also read books on the subject as well by experts who were unbiased enough to tell the truth about the real estate bubble, and that the housing market was headed for a severe correction.

Anyone I told though pretty much blew me off, including a coworker of mine who purchased a $300,000 shack with a 40 year variable mortgage.  I told him it was unwise to buy then and that his house was going to lose value over the long run.

Does he listen?  Of course not.  Evidently I’m not somebody worth listening to to since A) I don’t have a girlfriend, B)  I don’t own any property, and C) I don’t have any postgraduate degrees that my opinion should matter to anyone.

How about (D) then:  I was right all along and now you money sluts are finally gonna get what’s coming to you?

Not that I’m gloating or anything. 

On a more sobering note though, I cannot understand why so many Christians particularly were so blind to this (well actually I do understand, since we’re talking about the same people who thought Todd Bentley could shoot lightning bolts of fire out of his cooties.)  The point is, we were not to follow the world’s philosophies about money because we live under different rules.  Paul once said that having food and raiment we should therefore be content.  (1 Timothy 6:8)  I have these things and more, so I never felt the need to invest or save up money to purchase property, or learning about retirement savings or whatever.  These things were all beyond my understanding anyway, so I simply left all those things for God to deal with and take care of.  Even the viability of my blog is something I’m leaving in His hands.  If I prosper, it will be because He blessed the work of my hands, and nothing else.

I’ve also susbcribed to a minimalist philosophy too.  I don’t worry about losing things then because, well, I really have nothing to lose.  After all, if you don’t have it, you can’t lose it.    If you store up your treasures in heaven, then you won’t grieve too much for the treasures you lose here.

Although, I’m pretty sure I’d get really torn up if I ever lost my iPhone.  (If I had one that is.  Hee.)

But all things considered, I’m not going to worry.  Because of God’s guidance and care, I will be debt free and in a position to handle whatever hard times lie ahead.  And not only that, but also be in a position to help others in time of need as well, just like my great uncle did.  He lived during the Great Depression, but he managed to do well for himself and prosper during those hard times, and as a result he was able to help a LOT of people.  If God blesses me likewise, I only hope that I can measure of and be the good steward that my great uncle once was.

Just so long as I’m able to keep a motorbike in the meantime.