For Immediate Release May 10, 2016CONTACT: Beth Harrison, Hamilton Strategies, 610.584.1096, ext. 104, Media@HamiltonStrategies.com, or Deborah Hamilton at 215.815.7716 or 610.584.1096, ext. 102.
Dan Celia: Stay True to Biblically Responsible Investing When Companies Behave Badly
Financial Expert and National Host of ‘Financial Issues Live’ Advises Listeners How to Handle Their Money and Investments When Companies’ Actions Don’t Align with Their ValuesPHILADELPHIA—Sometimes, a boycott is not enough.
Dan Celia, who leads Financial Issues Stewardship Ministries (FISM, www.financialissues.org), is weighing in on recent headlines regarding the nationwide Target boycott over the company’s controversial bathroom policy. But the Target situation is not an isolated one, Celia says. Companies from all sectors have made financial and marketing decisions that alienate some of their customers and their stockholders.
Each day, Celia addresses important financial headlines and takes calls from around the country on his daily radio and television program, “Financial Issues Live,” which airs on more than 600 radio stations and reaches millions more through TV networks.
Celia says that customers need to look further than their retail spending, making sure that their hard-earned investment resources aren’t being poured into questionable stocks.
“More than 1.2 million people have signed the petition to boycott Target stores,” Celia said. “Thousands have also sold their Target stock. But the bigger question is, ‘How many of those million also own mutual funds that include Target stock?’ I would suspect that more than half of the same people who are boycotting and protesting Target do own mutual funds that include Target (TGT).”
Celia reminds those who are committed to biblically responsible investing—one of the tenets of his ministry—that to truly boycott or protest a company involves looking at mutual funds as well.
“As we think about being biblically responsible with our money—which comes from God in the first place—and when we think about doing what is right, we must consider all aspects, from buying items in the checkout line to purchasing stock to owning mutual funds,” Celia said. “As Christians, we must carefully and prayerfully consider how we are handling God’s money. In these uncertain times, we must get it right in every possible way and, in particular, be biblically responsible in everything—especially our finances. It will take us being ‘sold out’ against the things that dishonor God, and that includes investment in companies that dishonor biblical principles.”
Celia also referenced Target stock prices, which fell more than 4.2 percent over a five-day period last week. Some of the decrease, he says, is undoubtedly due to the selling of the stock by concerned believers and boycotters. He points to, however, the shares held by institutions (88 percent), which has not budged.
“Think of what would happen if we all sold out of the mutual funds that are not biblically responsible and holding Target stock—or the stocks of other companies, for that matter, that do not align with our biblical values and support things like pornography, abortion or same-sex marriage,” Celia said. “There would be real change in corporate America regarding how companies spend and protect their stockholders’ money. This is exactly why we at Financial Issues Stewardship Ministries advocate biblically responsible investing, which takes a total commitment from the body of Christ.”
One hour of Celia’s “Financial Issues” program recently debuted on the CSN radio network, with nearly 400 stations in 44 states. “Financial Issues” has grown through radio, television and live streaming and airs on more than 600 radio stations across the country. The program is also seen on the National Religious Broadcasters (NRB) television network, reaching 45 million households, and BizTV, which reaches millions more in major markets.
Celia focuses on financial stewardship every day when talking to thousands who want to honor God with their finances. He also often educates listeners and viewers about his stock “sell” list, encouraging those who strive to be biblically responsible with their investing to sell certain stocks based on the company’s involvement in immoral or anti-biblical issues, such as having stake in Planned Parenthood funding, pornography, same-sex marriage or other matters that should be concerning to Christians.
Throughout the year, Celia also hosts popular and well-attended town hall gatherings at churches and other venues, where people can spend an evening with him to learn more about how to biblically manage their money and investments.
A financial expert and author backed by decades of financial experience, Celia is personally in touch with thousands of people each week from across the country. He has worked for 35 years as an entrepreneur and businessman, and has developed a biblically responsible system of financial management with great success. Celia started his radio program in 1997 and has interviewed newsmakers, experts, lawmakers and presidential candidates. He is a board member for American Family Association, speaks at conferences, town hall meetings and investment conferences around the country, is the author of six books and publishes a weekly newsletter.
For more on Financial Issues Stewardship Ministries, visit its web site at www.financialissues.org, its Facebook page, the YouTube channel, Financial Issues with Dan Celia or its Twitter feed, @financialissues.
To interview Dan Celia of Financial Issues Stewardship Ministries, contact Beth Harrison, 610-584-1096, ext.104, Media@HamiltonStrategies.com, or Deborah Hamilton at 215-815-7716 or 610-584-1096, ext. 102.
Dan Celia is president and CEO of Financial Issues Stewardship Ministries, which shares the Gospel through motivating God’s people to be responsible stewards of God’s money, ultimately helping people make good financial decisions that will increase their ability to give and grow the kingdom of God. FISM believes that only revival will transform America back to its Christian heritage and biblical values. Celia and his wife, Yvonne, have two married daughters and six grandchildren.