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Monday, 15 Tishri, 5780
  |  October 14, 2019

Rebbe: No Luck in Stocks

Folowing recent statements from businessmen Eduardo Elstein and Shalom Ber Drizin about the Rebbe's opposition to invent in the stock market, Kfar Chabad Rabbi Mordechai Ashkenazi told COLlive about a comment of the Rebbe in a yechidus Full Story

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so so true
Guest
so so true

Why do people think they can make easy money?

Easy comes easy goes!

just explain to me!
Guest
just explain to me!

Why now in hind sight everybody comes out with this!!! I remember very well how i was told that the rebbe told everybody to invest in Gutnik!! so what was that??? So who are we to believe???? the botom line is that we can’t if it was true and a sound advise it should have been the moto of every chabad chosid to never ever touch the market. but it wasn’t …… til now I want to know Why I don’t need you to publish this if you think its offensive but is you can ask someone to give an… Read more »

Gambling
Guest
Gambling

I personally dont think its ok to invest in stocks being that halachically you cant gamble and i see it as one in the same thing.

hashem
Guest
hashem

hashem has his ways of making someone rich. It can be through real estate or stocks. So the Rebbe’s answer is selective and does not reffer to everyone – as you can see that the Rebbe Maharash did make it in stocks

many lubavitchers made their money in stocks
Guest
many lubavitchers made their money in stocks
Smart Alecks
Guest
Smart Alecks

I love the way all these people are speaking up now, as if they’re smarter than everyone that has been making money for years in the stock market. So, it’s hit a recession. Does that make it wrong? In another couple years when stocks skyrocket once again, are these same people going to give their smart advice? It’s interesting how they, or the Chabad web sites at least, have implicated the Rebbe in all of this. Perhaps the Rebbe advised some people to put their money elsewhere, but he never said that buying stocks, a fundamental business practice, is wrong.… Read more »

gambling
Guest
gambling

is gambling actualy against halacha or does it just disqualify you from being a kosher “ayd”

Stocks
Guest
Stocks

Investing in the stock market is not gambling at all. It’s a business deal the same way real estate is

Crossing the street is a gamble too!!!
Guest
Crossing the street is a gamble too!!!

Don’t put a טרף stamp on the stock market. there is a “gamble” to anything you do in life including every type of business! no matter what you do in business you are taking some risk and that is the gamble association.
in real gamble there is no value to what you are gamble on and there is nothing you buy that is the reason it is considered גזל stock market is exactly what is is a market that sell you shares of businesses with potential income from every share.

Reading Comprehension
Guest
Reading Comprehension

Dear Readers, First off, I don’t know why I am commenting when previous commentators have made such completely inaccurate conclusions to this article. Maybe to enlighten others, I don’t know, but a little reading comprehension folks. Anyways, I feel the article is going in a direction of responsible and irresponsible investing in addition to the spiritual aspect of stocks. To quote the Rebbe in this article, he said “I don’t hold of it”, he does not say that it is either good or bad, gambling or “tref”. Just that he does not hold of it. Lets have a philosophically consistent… Read more »

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