Rabbi Moffic explores the question of whether it’s a sin to be rich. Many in today’s society equate being wealthy with sin in our society. But, in reality, how we use money reflects our innermost values. Part of building wealth is solving problems. People that see money as a sin think of money as a scarce resource, that if we have some then they can’t have any.Money is not a goal in itself, it’s a means to a higher goal, which is service.
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Belief and trust in wisdom can guide us to a more prosperous life, says King Solomon. And letting go of the limiting beliefs that put
Traditional financial theory holds that the best way for average investors to acquire wealth over the long term is to become a ‘buy and hold’ investor. The basis for this notion is rooted in the fact that stock market values have progressively grown over an extended time interval. For example, the 20-year period from 1974 to 1994 saw a relatively smooth growth trajectory, even when accounting for the market crash of 1987. When investing in this kind of market, it is quite rational to ‘buy and hold’ because of the steady value progression over time.
King Solomon reminds us that wisdom and equity go hand in hand – and create the foundation for a prosperous blessed life. But efforts to
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