Summary

In this episode, Jay Peroni, Senior Portfolio Manager for Faith Investment Services, shares his journey into finance and faith-based investing. He discusses the importance of considering inflation and taxes in financial planning and the motivation behind his focus on faith-based investing. Jay also talks about his books on faith-based wealth and investing, as well as his radio show, Faith and Retirement. He explains the difference between impact investing and biblically responsible investing, emphasizing the importance of both negative screens and positive impact when selecting investments. Jay Peroni discusses impact investing, stewardship investing, shareholder activism, the hurdles of biblically responsible investing, Faith Investment Services, the future of biblically responsible investing, and three people Jay Peroni would like to have a conversation with.

Takeaways

Consider the impact of inflation and taxes when planning for retirement and investing.

Faith-based investing involves aligning investments with one's religious beliefs and values.

Faith-based investing can provide a sense of purpose and fulfillment by supporting companies that align with one's faith.

Biblically Responsible Investing focuses on investing in companies that align with biblical principles and values. Impact investing allows investors to put their money into companies that can make a difference or an impact in areas such as the environment or poverty-stricken communities.

Stewardship investing involves being responsible for how money is managed and seeking a good return on investments.

Shareholder activism allows individual shareholders to have a voice and influence in the companies they invest in.

The biggest hurdles for clients in biblically responsible investing are concerns about returns and the time and resources required for research and screening.

Faith Investment Services offers biblically responsible wealth and financial planning, as well as ETFs that align with Christian values.

The industry of biblically responsible investing is expected to grow as more institutions embrace it and individuals seek to align their investments with their faith.

Jay Peroni would like to have conversations with Tom Brady, Stephen Furtick, and Donald Miller to learn from their leadership, storytelling, and faith perspectives.

Finding biblically responsible companies in the communication sector can be challenging due to the nature of the industry.

Chapters

00:00

Introduction and Background

02:10 Getting Started in Finance

04:01 The Motivation for Faith-Based Investing

06:13 The Importance of Considering Inflation and Taxes

09:02 Discovering Faith-Based Investing

11:20 The Intersection of Faith and Wealth

13:41 Books on Faith-Based Investing

18:36 Biblically Responsible Investing and Gut Feelings

21:27 Impact Investing vs. Biblically Responsible Investing

22:16 Impact Investing

23:12 Stewardship Investing

26:19 Shareholder Activism

29:08 Hurdles of Biblically Responsible Investing

36:01 Faith Investment Services

37:32 The Future of Biblically Responsible Investing

40:23 Three People Jay Peroni Would Like to Have a Conversation With

42:15 Challenges in Biblically Responsible Investing

Jay's first book, The Faith Based Millionaire can be found on Amazon. Click Here