Faith & Finance

Rob West

3 Ways to Invest

March 18, 2021
00:00 0

“Know well the condition of your flocks and pay attention to your herds. For riches are not forever nor does a crown endure to all generations.” Wise words from Proverbs 27. This is especially true when investing.These days, we have several ways to invest our money, but each requires a certain amount of oversight on our part. Today, Kingdom Advisors President Rob West talks you through your options.

·      The first method of investing is the do-it-yourself approach, sometimes called self-directed investing. Why would you choose this method? Most likely because you hate paying fees for someone else to do it for you. If you choose to go it alone, you really have to stay on top of things. That doesn’t mean you watch the market every day and decide to buy or sell at the drop of a hat. We’re not trying to encourage day trading here.


·      To be successful with the D-I-Y approach you have to keep your emotions in check no matter what the market is doing. Although technology allows us to make a trade with the push of a button, you still have to stay disciplined and stick to a long range investment plan. Even though you’re taking an active control of your investments, you can still put your money into mutual, index or target date funds that lower your risk and minimize decision making. The greatest danger in self-directing your investments is that you’ll fall victim to market swings—selling out of fear when the market takes a tumble or buying out of greed when the market is hot. You have to keep your emotions in check and stay the course.


·      The next investing method is the newest, the robo-advisor. You input some basic information (such as your age and retirement goals) and the robo-advisor then recommends a diversified portfolio tailored to your needs with an emphasis on low-cost exchange traded funds and bonds. The benefit is that you get pre-packaged investing advice tailored to your needs but at a much lower cost. For an annual fee about .25%, the robo-advisor will automatically rebalance and diversify your portfolio. However, for financial and estate planning, you’re on your own. Robo-advisors don’t do that yet.


·      The last method is hiring a real, live financial advisor. This would be for folks who want more than just investing advice. As the name implies, a financial advisor can assist you in all areas of your finances, from investing to tax strategies and estate planning. Financial advisors come with various specialties. But for the widest range of assistance, you probably want to go with a Certified Financial Planner. They have a fiduciary responsibility to give you advice that’s best for you, even if it doesn’t make them the most money. And of course, no matter what type of financial advisor you need, you can find one that shares your Christian worldview and values by choosing a Certified Kingdom Advisor. Go to and click Find a CKA at the top.

On today’s show we also answer your questions:

•           What can you tell me about wills and why do you say they’re important?

•           What do you think about buying precious metals? 

•           How much does it take to do a revocable trust? Do you prefer wills over trusts?


Ask your questions at (800) 525-7000 or email them at Visit our website at where you can connect with a MoneyWise Coach, purchase books, and even download free, helpful resources.

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About Faith & Finance

Faith & Finance is a daily radio ministry hosted by Rob West. The program offers a practical, biblical and good-natured approach to managing your time, talents and resources.

About Rob West

Rob West is the host of the nationally syndicated radio program Faith & Finance heard on more than 900 radio outlets each day. Rob also serves as the President of Kingdom Advisors, an international community of financial professionals who are specialists in delivering biblically wise financial advice. Rob serves as primary spokesperson for the organization and gives leadership to organizational strategy.

A radio veteran, Rob previously co-hosted a live, call-in, financial radio program with his father from 1998 through 2008 at WAFG, Fort Lauderdale, FL. Rob has dedicated his professional career to working at the intersection of faith and finance having led a successful faith-based financial services firm, serving as the host of several radio programs on a biblical approach to finance, and speaking frequently on the topic. Rob and his wife, Julie, live in Marietta, GA with their four children.


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