stocks

Joey Chin 11-17-2021
Illustration of a bar graph with the gates of heaven sitting above the tallest bar

Illustration by Melanie Lambrick

AS WE APPROACH the new year, the more fortunate among us will be taking time to organize their lives by rebalancing their financial portfolios and considering new investments. While taking care of your cash, it’s important to remember that a wise teacher once said, “Store up for yourselves treasures in heaven, where moths and vermin do not destroy.” I still don’t know what vermin is (it’s probably bad because it’s in the same sentence as moths), but I think the teacher might have been telling us that in additionto tending to our finances, we should also tend to our spiritual portfolios.

If you’re wondering about how exactly to do this, here are three rules to spiritual wealth that I think will prove helpful.

News Corporation in New York City. Photo by Sandi Villarreal / Sojourners

News Corporation in New York City. Photo by Sandi Villarreal / Sojourners

The Church of England has sold its $3 million worth of shares in Rupert Murdoch's News Corp. due to concerns about the company's ethics.

Eight News Corp. journalists have been charged by British authorities in connection with a phone-hacking scandal. They are accused of hacking telephone lines belonging to celebrities, politicians, law enforcement officials and crime victims; bribing police officers and paying private investigators for illegally obtained information.

"The Church of England was not satisfied that News Corporation had shown, or is likely in the immediate future to show, a commitment to implement necessary corporate governance reform," the church said in a statement on Tuesday (Aug. 7).

The church also said it was concerned that Murdoch is both chairman and chief executive of News Corp.