JYP Shares Are "Cut in Half," Yet Park Jinyoung Says, "Stocks? God Takes Care of Everything; Wanting to Get Rich in a Hurry Is the Problem"

"Stocks aren't the problem... wanting to get rich quickly is"

Singer and producer Park Jinyoung shared his views on stock investing.

Singer and producer Park Jinyoung. YouTube screenshot.

On October 26, a video titled "Is It Wrong for Christians to Invest in Stocks?" was released on the YouTube channel "Cheotyeolmaedeul." In the video, Park said, "Once Christians understand the Bible correctly, there is just one commandment we need to follow: 'Love one another.'" He explained, "We should fellowship diligently and evangelize. We should do what helps with this and avoid what gets in the way."

He continued, "Does investing in stocks get in the way of that? No. Investing in stocks is not an evil act in the eyes of the world." He emphasized, "The problem is wanting to get rich in a hurry." He said, "From the moment you learn and understand God's word correctly and try to live by it, God will take care of your financial circumstances and your place in this world. You just need to live normally, naturally, diligently and conscientiously."

He reiterated, "If you want to get rich in a hurry, it's that desire that will get you in trouble. Investing in stocks is fine."

Earlier, in 2023, Park appeared on an episode of economic YouTuber Shuka's "Shuka World" live broadcast and expressed confidence in investing in JYP Entertainment stock. At the time, Park said, "Now is the time," adding, "If I had money to spare, I would definitely buy shares in our company." He emphasized the company's long-term growth potential over short-term share price fluctuations.

However, JYP Entertainment's share price subsequently fell sharply. It stood at KRW 92,400 on November 20, 2023, shortly after Park made those remarks, but had dropped about 55.7% to KRW 40,900 by November 6, 2026. Amid weakness across the entertainment sector, uncertainties over TWICE's contract renewal and Stray Kids members' military enlistments also weighed on the stock, prompting securities firms to successively lower their price targets for JYP Entertainment.

Park did, however, buy back shares in his company after the broadcast. In January 2024, he purchased 60,200 JYP Entertainment shares on the open market for about KRW 5 billion, raising his stake from 15.22% to 15.37%.

Meanwhile, the religious group "Cheotyeolmaedeul," led by Park, is currently under scrutiny by Protestant denominations for possible heretical teachings. The General Assembly of the Presbyterian Church of Korea (Tonghap) is conducting a denominational study of Park and Cheotyeolmaedeul in response to a petition from the Busan Presbytery. The findings are scheduled to be presented at the denomination's regular general assembly in September 2027.

In connection with this, Park has said that he was influenced by Wesleyan Methodism and the writings of Peter Ruckman, a pastor in the U.S. Independent Baptist tradition, and emphasized that his church has "deep roots and a clear lineage."

This content was produced with the assistance of AI translation services.