$in is In
Investors can make a profit investing in so-called “sin stocks” in the alcohol, tobacco, defense and casino industries. These sectors tend to do well in good and bad market condition as people either celebrate new market highs with a nice wine or drown their sorrows in Boones.
You can stick it to the Greens and hedge your inhuman thirst for Jack Daniels and Marlboro Lights by buying the Vice Fund which specifically invests in the above sectors. Plus you won’t have to feel guilty about excess. Consider the hangover the price of directly supporting your portfolio.
*Chart from IBD
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Posted: November 16th, 2006 under Americas, Equities, General.
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