In this passage, Solomon embraces the idea of diversification. No one knows precisely which investment will succeed or even if it will succeed. A farmer learns that individuals should not put all their eggs in one basket. Now, if you’ve never heard that saying, think about the truth of it. Eggs are very fragile items. They are also very essential in cooking a variety of things, especially cakes. As a farmer goes out, collects the eggs, and places them in baskets. If all the eggs collected were placed in one basket and the one basket is dropped, all the eggs would be ruined and could not be used to make a cake. However, if the eggs are carried in several baskets and one is dropped, the farmer still has enough eggs for cooking and cakes.
While every investment will fluctuate, Scripture tells us that we should diversify our investments since we do not know which ones will succeed.
Consider the following as you respond to this devotion:
- How do you determine the diversification of your portfolio?
- How do interest rates affect your diversification?
- What role does Scripture play in your strategy to diversify?
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