WesleyGospel Ministries

There hath no temptation taken you but such as is common to man: but God is faithful, who will not suffer you to be tempted above that ye are able; but will with the temptation also make A WAY TO ESCAPE, that ye may be able to bear it. –1 Corinthians 10:13

This video is based on ch. 4 in Richard Weiss’ The American Myth of Success

Self-employment counselor: Startup to Growth

Secrets of Successful Self-Employment by Paul and Sarah Edwards

DISCLAIMER

I am not a registered investment advisor with the SEC. Nothing in this video, should be taken as legally binding investment advice, in the same way that SEC licensed stockbrokers can advise their clients. I am not “selling” any stocks or OTC penny stocks as a broker in this video. The purpose of this video, is only to offer guidance to those who are interested in educating themselves, about self-directed investing and Biblically Responsible Investing (BRI).

—

UPDATE: 7/6/23 – DAY TRADING WITH HIGH DIVIDEND STOCKS. Out of all the stocks I’ve bought and sold, during this bear market, the only stock that has started to produce a somewhat predictable profit is ZIM Integrated Shipping Services (ZIM); and I think I’ve bought and sold over a hundred different stock tickers in the past few months. The first book ever written about stocks was Thomas Mortimer’s Every Man His Own Broker in 1761, during the time of John Wesley. On pages 159 and 160, he refers to stockbrokers being given power of attorney to buy and sell stocks on behalf of their clients. He mentions the Bank of England stock, the South Sea stock, and the East India Company stock. He says that some stock rights are for “buying and selling, and receiving of dividends, which convey a most absolute and unlimited power” (p. 160). These stocks were a lot like ZIM. Although none of them produced a 100% dividend yield, they were properly dividend stocks; and could produce returns for their owners not only in the form of occasional price appreciations, or what we call price % changes or day % changes, but also in the form of monthly or quarterly dividends. Such stocks “convey a most absolute and unlimited power” of financial return for their owners. Conclusion: if you’re going to occasionally day trade, do it with a stable dividend stock: and if you want to receive big dividends, then be sure to stop day trading it before the ex-dividend date and hold it through until the pay date. This way ZIM can not only provide you with small returns by 1% and 2% day trades, but also dividends if you hold it through the right time periods. The goal should be to buy, sell, hold, and exchange hundreds if not thousands of shares of ZIM at a time. Only focus on one stock ticker. By this you are following Gerald Loeb’s philosophy, as when he said, “The greatest safety lies in putting all your eggs in one basket and watching the basket” (The Battle for Investment Survival, p. 103).

UPDATE: 7/8/23 – THE BRITISH INVESTING TRADITION HEAVILY RELIES UPON DIVIDEND STOCKS. “What is an investment, anyhow, but a body of capital that produces income? The income may be current income, or it may be prospective income, but it is the magnitude of the income, current or prospective, that determines the value of the capital which produces it. The English, with their long tradition of investing, value capital in terms of its income. A man is a millionaire there who has the income that would be produced by a million pounds. The controlling factor remains dividend-paying ability, now and always” (Arnold Bernhard, The Evaluation of Common Stocks, pp. 21-22).

SUCCESS STORIES IN THE 1800s AND EARLY 1900s

I’ve intentionally left Horatio Alger Jr books out of this list, even though he started the rags-to-riches genre. Any passing look at his Wikipedia profile will reveal some pretty sordid details about his personal life. He was the first in the secular school of “realism” without using Christian principles to guide the way to success. Or perhaps, like Franklin, he plagiarized those principles in a humanist way.

1. Charles Dickens’ Oliver Twist (1838)

2. —. A Christmas Carol (1843)

3. E. P. Roe’s Barriers Burned Away (1872)

4. Charles Sheldon’s In His Steps (1896) – where “What Would Jesus Do? (WWJD) comes from

5. Lucy Maud Montgomery’s Anne of Green Gables (1908)

6. Harold Bell Wright’s The Eyes of the World (1914) – a Pilgrim’s Progress like rags-to-riches story

7. Laura Ingalls Wilder’s Little House on the Prairie books (1932–1943)

DISCLAIMER

I am not a registered investment advisor with the SEC. Nothing in this video, should be taken as legally binding investment advice, in the same way that SEC licensed stockbrokers can advise their clients. I am not “selling” any stocks or OTC penny stocks as a broker in this video. The purpose of this video, is only to offer guidance to those who are interested in educating themselves, about self-directed investing and Biblically Responsible Investing (BRI).

Conclusion: Working two jobs from home in the country, combined with saving money through a high dividend stock, looks like a solid Puritan way to make money.

UPDATE: 7/6/23 – DAY TRADING WITH HIGH DIVIDEND STOCKS. Out of all the stocks I’ve bought and sold, during this bear market, the only stock that has started to produce a somewhat predictable profit is ZIM Integrated Shipping Services (ZIM); and I think I’ve bought and sold over a hundred different stock tickers in the past few months. The first book ever written about stocks was Thomas Mortimer’s Every Man His Own Broker in 1761, during the time of John Wesley. On pages 159 and 160, he refers to stockbrokers being given power of attorney to buy and sell stocks on behalf of their clients. He mentions the Bank of England stock, the South Sea stock, and the East India Company stock. He says that some stock rights are for “buying and selling, and receiving of dividends, which convey a most absolute and unlimited power” (p. 160). These stocks were a lot like ZIM. Although none of them produced a 100% dividend yield, they were properly dividend stocks; and could produce returns for their owners not only in the form of occasional price appreciations, or what we call price % changes or day % changes, but also in the form of monthly or quarterly dividends. Such stocks “convey a most absolute and unlimited power” of financial return for their owners. Conclusion: if you’re going to occasionally day trade, do it with a stable dividend stock: and if you want to receive big dividends, then be sure to stop day trading it before the ex-dividend date and hold it through until the pay date. This way ZIM can not only provide you with small returns by 1% and 2% day trades, but also dividends if you hold it through the right time periods. The goal should be to buy, sell, hold, and exchange hundreds if not thousands of shares of ZIM at a time. Only focus on one stock ticker. By this you are following Gerald Loeb’s philosophy, as when he said, “The greatest safety lies in putting all your eggs in one basket and watching the basket” (The Battle for Investment Survival, p. 103).

MEN OF GOD WITH WEALTH

Abram had become very wealthy in livestock and in silver and gold.  –Genesis 13:2

The man grew exceedingly prosperous. –Genesis 30:43

After Job had prayed for his friends, the Lord restored his fortunes and gave him twice as much as he had before. –Job 42:10

WARNINGS AGAINST SNOBBERY, FINANCIAL PRIDE, AND BACKSLIDING

Let not a rich man boast of his riches. –Jeremiah 9:23

Whoever loves money never has enough; whoever loves wealth is never satisfied with their income. This too is meaningless.   –Ecclesiastes 5:10

The rich answer harshly.   –Proverbs 18:23

Be careful that you do not forget the Lord your God by failing to keep His commandments, His ordinances, and His statutes which I am commanding you today; otherwise, when you eat and are satisfied, and you build good houses and live in them, and when your herds and your flocks increase, and your silver and gold increase, and everything that you have increases, then your heart will become proud and you will forget the Lord your God who brought you out of the land of Egypt, out of the house of slavery. –Deuteronomy 8:11-14

There was a rich man who was dressed in purple and fine linen and lived in luxury every day. At his gate was laid a beggar named Lazarus, covered with sores and longing to eat what fell from the rich man’s table. Even the dogs came and licked his sores…The time came when the beggar died and the angels carried him to Abraham’s side. The rich man also died and was buried. In Hell, where he was in torment, he looked up and saw Abraham far away, with Lazarus by his side…Abraham replied, ‘Son, remember that in your lifetime you received your good things, while Lazarus received bad things, but now he is comforted here and you are in agony.’” –Luke 16:19-23, 25

Those who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge people into ruin and destruction. For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.  –1 Timothy 6:9-10

Tomorrow, when the devil seizes thy soul, will he not say, “What do all thy riches profit thee?” Will they purchase a pillow for thy head, in the lake of fire burning with brimstone? Or will they procure thee a cup of “water to cool thy tongue,” while thou art tormented in that flame?” O follow the wise direction here given; that God may not say unto thee, “Thou fool!”…By whatsoever means thy riches increase, whether with or without labour; whether by trade, legacies, or any other way; unless thy charities increase in the same proportion; unless thou givest a full tenth of thy substance, of thy fixed and occasional income; thou dost undoubtedly set thy heart upon thy gold, and it will “eat thy flesh as fire!” –John Wesley, “On the Danger of Increasing Riches” 1.6-7

EXAMPLES OF CHARITIES TO TARGET

1. Beggars, Homeless People, Widows, and Orphans.

2. Church: Tithes and Other Donations.

3. Parachurch Ministries: Especially Ones That Help the Poor and Preach the Gospel.

4. Evangelists: like Ray Comfort, Andrew Strom, some in Church of God (Cleveland, TN).

5. St. Vincent de Paul Society and Catholic Charities USA.

DISCLAIMER

I am not a registered investment advisor with the SEC. Nothing in this video, should be taken as legally binding investment advice, in the same way that SEC licensed stockbrokers can advise their clients. I am not “selling” any stocks or OTC penny stocks as a broker in this video. The purpose of this video, is only to offer guidance to those who are interested in educating themselves, about self-directed investing and Biblically Responsible Investing (BRI).

Children should not have to save up for their parents, but parents for their children. –2 Corinthians 12:14

BOTH SCHWAB AND FINVIZ ARE GREAT STOCK SCREENERS

Looks like we should buy as many shares of ZIM as we can before 8/26/23.

DISCLAIMER

I am not a registered investment advisor with the SEC. Nothing in this video, should be taken as legally binding investment advice, in the same way that SEC licensed stockbrokers can advise their clients. I am not “selling” any stocks or OTC penny stocks as a broker in this video. The purpose of this video, is only to offer guidance to those who are interested in educating themselves, about self-directed investing and Biblically Responsible Investing (BRI).

—

Those who have made fun of this day of small beginnings will celebrate. –Zechariah 4:10 (CEV)

FURTHER READING

1. Edward Day’s Penny Stocks Trading for Beginners

2. F. Philip Rice’s Getting Rich with Low-Priced Stocks

3. Toni Turner’s A Beginner’s Guide to Day Trading Online

4. Stephen Bigalow’s Profitable Candlestick Trading

5. Hilary Kramer’s The Little Book of Big Profits from Small Stocks

Recognizing repeatable patterns on a candlestick chart can help you to make highly probable predictions about when the next green price spike is going to happen. This ability to predict is essential to making a profitable buy-low-sell-high trade, because it will give you the confidence you need to hold the shares long enough until the “skyscraper” tops out. In the case of Newpark Resources (NR), which is an NYSE penny stock trading around $4, there is an almost 100% repeatable pattern that can be useful for making future trading predictions. In this case, its on a 60 minute candlestick chart. As you can see, almost without fail, for almost every 9:30am to 10:30am trading session, a green candlestick has faithfully and consistently appeared. Here I’m calling them “skyscrapers,” a name I just made up for myself to be able to notice the pattern. Since this has happened so many mornings in the recent past, I can predict with all probability, that the same thing will happen again tomorrow.

The Comforter, which is the Holy Ghost.  –John 14:26, KJV

I am going to send you what my Father has promised; but stay in the city until you have been clothed with power from on high. –Luke 24:49

You will receive power when the Holy Spirit comes on you. –Acts 1:8

All of them were filled with the Holy Spirit and began to speak in other tongues as the Spirit enabled them. –Acts 2:4

As I began to speak, the Holy Spirit came on them. Then I remembered what the Lord had said: ‘John baptized with water, but you will be baptized with the Holy Spirit.’  –Acts 11:15-16

Do not get drunk on wine…instead, be filled with the Spirit.  –Ephesians 5:18

Some, however, made fun of them and said, “They have had too much wine.” Then Peter stood up with the Eleven, raised his voice and addressed the crowd: “Fellow Jews and all of you who live in Jerusalem, let me explain this to you; listen carefully to what I say. These people are not drunk, as you suppose. It’s only nine in the morning! No, this is what was spoken by the prophet Joel: “‘In the last days, God says, I will pour out my Spirit on all people.” –Acts 2:13-17

Draw near to God, and he will draw near to you.  –James 4:8

If my people, who are called by my Name, will humble themselves and pray and seek my face and turn from their wicked ways, then I will hear from heaven, and I will forgive their sin and will heal their land. Now my eyes will be open and my ears attentive to the prayers offered in this place. I have chosen and consecrated this temple so that my Name may be there forever. My eyes and my heart will always be there.    –2 Chronicles 7:14-16

The Spirit of the Lord will rest on him…the Spirit of the knowledge and fear of the Lord.   –Isaiah 11:2

The fruit of the Spirit is love, joy, peace.  –Galatians 5:22

The love of God, and the communion of the Holy Ghost, be with you.  –2 Corinthians 13:14

The love of God is shed abroad in our hearts by the Holy Ghost which is given unto us.   –Romans 5:5

Whoever does not love does not know God, because God is love.  –1 John 4:8

Hide in the ground from the fearful presence of the Lord and the splendor of his majesty!  –Isaiah 2:10

Should you not tremble in my presence?  –Jeremiah 5:22

Augustin Poulain, a Catholic mystical theologian, also talks about it in The Graces of Interior Prayer:

PENTECOSTAL DENOMINATIONS THAT TEACH HOLY SPIRIT BAPTISM

1. Assemblies of God

2. Church of God (Cleveland, TN)

3. The Foursquare Church

4. Church of God in Christ (black)

5. Others

ANSWERING A “HOLY SPIRIT SKEPTIC” ON FACEBOOK

SKEPTIC: I remember thinking that the Holy Spirit is a real thing and fully believing I had felt it before. Now I am an atheist and have no issue saying whatever I want about any god, because there is no reason for me not to say something about a being I have no belief in now.

WESLEY GOSPEL: You never felt it. The presence of God is Someone else standing in front of you. Its not an emotion.

SKEPTIC: Of course I never felt it because it is not real. But I fully thought I had felt it at the time, just as you do now. But then I began to examine it from a rational position, by seeing if I could validate it with evidence, and since I could not, the only rational choice I had was to conclude I had made a mistake. The same as everyone else who claims they have felt God, but can’t provide evidence to prove they have.

WESLEY GOSPEL: The experience that I had happened about 50 times to me from 1999 to 2000. It happened so many times that it couldn’t be mistaken. Atheists and skeptics have worked their wonders on me for years, and yet, those memories were just simply impossible to erase. Either you didn’t experience what I did, or you wanted to be a non-Christian, so you rationalized yourself out of what you experienced. I’d sure hate for that to be me. To know with absolute certainty you had experienced the Spirit of God, and in all honesty, you’re memory and conscience still testifying against you that you’re not being honest with yourself. Something supernatural was there and you can still remember it, but you’ll just distract yourself for the moment. And dwell on other things…or you had an emotional experience: and no signs, dreams, angels, prophets, voices, miracles, or anything else to confirm the experience, or tongues popping out of your mouth without any effort on your part, as the comforting entity that is God’s Spirit surrounded your whole body (Acts 2:4).