Hosted by LCMS Rural & Small Town Mission, Ralph Simon of the LCMS Foundation led a webinar titled “Outpacing Inflation: How Keeping Savings in the Bank Could Harm Your Ministry’s Financial Future” on Feb. 23, 2023.
Simon, vice-president of Investment Services for LCMS Foundation, explains why ministries should think in terms of investing for generations.
Investing funds in the market is about knowing that an amount invested today will likely grow substantially over many years — far outpacing inflation — and can help ensure that future generations have the funding to continue their mission.