Proverbs 27:12 – Make Contingency Plans for Your Financial Future

Proverbs 27:12 – A prudent man foreseeth the evil, and hideth himself; but the simple pass on, and are punished. 

Proverbs 27:12 Explained

Many people are bemoaning the losses on their investment portfolios after the market crash of 2007 – 2008. It seems that few anticipated the recent crisis in the financial markets nor had made any plans for that scenario. However, the Bible warns us to take a long-term view and to be aware of what catastrophes could be coming down the road. 

Proverbs 27:12 is also a good investing scriptures as it points to the need of a diversified portfolio. While you may not be able to anticipate every turn in the market, having a diversified portfolio will help you to navigate the volatility of the financial markets.