Bad Company Can Do a Lot of Damage Before They Wear Their Welcome Out

The wicked become a ransom for the [uncompromisingly] righteous, and the treacherous for the upright [because the wicked themselves fall into the traps and pits they have dug for the good].

―Proverbs 21:18 (Amplified Bible, Classic Edition)

My dear VPG,

History has shown that even though the worst corrections and downturns eventually the Stock Market always goes higher. But that doesn’t mean you won’t lose money if you do not have enough reserves in hand to get you through the crunch.

In the same way, eventually wicked people fall into the very traps they set for others (You reap what you sow.), but that doesn’t mean that good people are not hurt.

Remember, the Proverbs give us principles, not promises.

So what to do? Insulate yourself from bad company. Choose your friends and colleagues very, very carefully.

Hint: I’d take less pay to work with moral people.

Hint: And about those down markets, don’t be afraid to invest in the Stock Market, but do keep at least six to twelve month’s cash reserves available. (I’d go with twelve months).

Love,

Papa

The background picture was taken by Nana on a recent trip we took to the Upper Peninsula of Michigan. The view is sunrise from our hotel looking over Lake Michigan.

Below are a couple more.

Pretty neat, huh?