Debt, interest, and investment | Drew Dill

Pastor Jeffery talks with personal wealth advisor Drew Dill CRPS. Drew works for the Bahnsen Group, which has over $4.5 billion in assets under management. They discuss the Biblical restrictions on lending and interest; the unavoidable nature of borrowing; interest and the cost of capital; good debt and bad debt;greed and the problem of get-rich-quick thinking; mortgages; interest rate arbitrage; secured vs. unsecured loans; crypto; FOMO and bad investment decisions; total depravity and investor behavior; the greater fool theory; student debt; the problem of hard math; leveraged investments; credit card debt; dividend growth investing; the Enron scandal; management and shareholder alignment; and other topics. The recommended reading included David Bahnsen’s “The Case for Dividend Growth” and “Full Time: Wor and the meaning of life”, and David Gregg, “For God and Profit.”

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