Tuesday, August 20, 2013

Catholics can play the stock market!

The Seventh Commandment: You shall not steal.

May a Christian speculate in the stock market or in Internet stocks?
A Christian can speculate in the stock market or in Internet stocks, as long as he does so within the parameters of normal business practices for prudently investing one's own or someone else's money and does not thereby break any other commandments.
Speculating in stocks becomes immoral when dishonest means are used (for instance, insider information); when the transaction puts one's own or another's life savings at risk instead of insuring an income; when such speculation becomes an addiction, as with games of chance. (YOUCAT question 432)

Dig Deeper: CCC section (2413) and other references here.

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