Define "playing" the stock market.
I'm not sure what it is like in the U.S. Here I set up an RESP for my children. (Registered Education Savings Plan). With assistance from one of the bank's finance officers, he offered suggestions on what were good mutual funds to invest in. Within ten years it paid enough dividends to send three children to college. I don't call that a game. I don't call that gambling. I call that a wise use of one's money. It is investment.
Yet you haven't dealt with my examples raised above: Enron, Worldcomm, GM, etc.
Also...I'll let you know a little bit about me. I grew up in high school and early college days playing blackjack (along with poker...not this texas guess em junk) and had a lot of fun. One of the things I did develop was the ability to count cards in blackjack. I could know, within a reasonable percentage of accuracy, what was coming next. So when I sat down at the blackjack table I was in control within about ten minutes. I knew what was coming and knew how to place my wagers.
How is this different then investing in the stock market?
DHK said:
It is not pointless. Do you pray about playing the lottery; do you pray about giving to missions? Which one do you have peace about?
This is a red herring. What if I told you I prayed before buying a lotto ticket and had a peace about it? Or before I sat down at a poker table?
DHK said:
No they aren't. Millions of people went and wasted money on something that was virtually impossible for them to win. Chances were or one in 174 million or impossible. Thus the motivation is covetousness--hoping to get something they couldn't possibly have. And also spending the money that was the Lord's to begin with, when it could have helped someone else.
The chances that a man could be born and live a sinless life, fulfilling all the Messianic prophecies about Him were pretty thin too...but somebody did it.
See, that is the kind of argumentation that gets us no where. The better argument from your stand point isn't the chances for or against the lottery it is what it does to the poor. (See I'm fair and impartial, I help everyone)
DHK said:
Watches and cereal are within my means. That is not covetousness.
Covetousness is wanting those things that are not within your means to attain, like your neighbor's wife. You can't have her, so why desire to have her. If you can't have a new car, then don't covet one. If you need a new watch, desire a new watch, then the desire (covet means desire) is not wrong. You can go and buy a new watch if it is within your means. Cereal is an essential food for most.
I don't desire my neighbor's wife, but maybe I want his life. My point is that we are all, at some stage, coveting something. Once we understand that it is then, ultimately, just a matter of degrees as to what it is we covet.
DHK said:
Sin is sin no matter which way you look at it. All are vices of some sort:
Smoking, drinking, gambling, prostitution, etc.
Not all sins are equal. First of all you've listed three things that aren't sin and something that is sin, and a grevious sin at that. You can't compare them.
Smoking, drinking, and gambling are not forbidden by the Bible. They might not be wise, but neither is eating at McDonalds if I understand their "nutrition literature."
Prostitution is part of a whole set of sinful activities which are terribly vexing and a different level of sinfulness than say cussing, or lying, or stealing. Sexual sins are more grevious sins biblically.
DHK said:
As a matter of fact yes. When I purchased a house I had to be a good steward of my money and reach a place where I knew I could afford the monthly mortgage. If the mortgage payment would be too high I wouldn't be able to do it. I have to take care of my family. A man that doesn't provide for his family is worse than an infidel. I finally worked it out with the banker to a reasonable amount that I would be able to pay without going into debt.
They all have to be taken into consideration according to one's income. If you can't afford it, don't buy it. Many can't afford a new car. Many simply can't afford the insurance on it; don't realize it, buy the car, and put themselves over their heads in deep debt and in trouble. Yes it does matter. To gamble your money away and put your family at risk matters too.
There was a time in my life where I could tell you where every cent went each month, right down to the penny. A cup of coffee (to buy one) was a luxury then.
Okay, show me the verses that talk about requirements for purchasing a house, working out a mortgage, how much of a car (or camel) one should buy, or how they should specifically sort out their finances in regards to entertainment and food purchases.
Otherwise, I'm going to suggest that all of these issues are peripherial issues based on preference.
Isn't it interesting how on talks like this we end up addressing so many things theologically.