Now and then, I’ll meet with a client who is reticent to talk about goals or planning strategies because they feel that in so doing, they are not relying on God’s provisions. I understand the dilemma well because there can certainly be a temptation to become overly fixated on a crafted plan and subsequently concerned when things do not go according to said plan. But here is what the Bible says when it comes to planning: "Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it?" – Luke 14:28. It speaks directly about this situation. Having a plan is not being unfaithful or untrusting, it is wise and prudent. It is just one of many areas in life where having a plan is important.
Without even a rough destination in mind, it is challenging to construct a path forward. This is why, upon meeting with clients for the first time, establishing financial goals is one of the very first things discussed. Our longest standing clients, most of whom have accumulated significant wealth, have experienced the benefit of working with a Capstone Portfolio Manager to create a personalized investment strategy that looks to reach these financial goals. The key, however, is being open to adjustments and changes that may need to be made along the way. Having flexibility allows for the opportunity to see God at work, because although we may plan our course, it is He who establishes our steps. Having a plan is not being unfaithful, it is good stewardship.
Janet Kim Sing, Portfolio Manager
Capstone Private Wealth