Socially Responsible Investments (SRIs) sound great. And they are a MASSIVE growth industry in the financial space. Between 2012 and 2014, they grew 76% to $6.57 trillion under management (as reported by BankInvestmentConsultant). But there’s a problem: We all define social responsibility differently: Alcohol, gambling,... Read More..
Happy Canada Day, Canada! Canadians might be famous for being extra polite and for loving maple syrup, but they’re also famous for their sin. Here’s a list of sin stocks that are somehow connected to Canada: Big Rock Brewery (BR) This is a truly Canadian... Read More..
On an episode of Jimmy Kimmel Live, Kimmel mentioned that “everyone” is adopting a gluten free diet yet no one seems to know what it is. To prove his point he sent a crew to a park in California to ask people. Here’s the hilarious... Read More..
In an article published by Investing Post, alcohol sin stock Diageo (DEO) and tobacco sin stock Philip Morris International (PM) are called “the world’s two best stocks”. According to the article, many investors like sin stocks because it’s believed that they remain strong during economic... Read More..
Sustainable Investing in the 21st Century – Morningstar.com Sustainable Investing in the 21st CenturyMorningstar.comTraditional socially responsible investing grew out of religious investors who wanted to eliminate "sin stocks" of various kinds from their portfolios, but it evolved into ESG investing when people recognized that a... Read More..
Bucket List For Retirement Income – Forbes Forbes Bucket List For Retirement IncomeForbesThey were one of the first groups encouraged to avoid profiting from “sin” stocks at the expense of others, which today may include alcohol, tobacco, weapons, gambling, and pornography. Retirees don't have to... Read More..
Navigating the investment moral maze – Financial Times Navigating the investment moral mazeFinancial TimesWealth managers such as Coutts, UBS and Rathbone Greenbank Investments try to circumvent this by focusing heavily on individual stock picking, screening out so-called sin stocks and finding companies with good environmental,... Read More..
3 Sin Stocks With 5% Dividend Yields – Motley Fool 3 Sin Stocks With 5% Dividend YieldsMotley FoolTwo such sin stocks are Big Tobacco majors Philip Morris International (NYSE: PM) and British American Tobacco plc (NYSEMKT: BTI). Philip Morris International operates the Marlboro brand in... Read More..
In a recent interview with Bloomberg, Reynold (RAI) CEO Susan Cameron described how changes are leading to a potential boom period for tobacco sin stocks. Cameron first talked about the Reynolds purchase of Lorillard (LOR), strengthening its position as the number 2 in the industry... Read More..
'Sinvestments': Investing in Low Morals for High Profits – U.S. News & World Report U.S. News & World Report 'Sinvestments': Investing in Low Morals for High ProfitsU.S. News & World ReportFrom cigarettes to casinos, sin pays if you buy in wisely. But vice isn't always... Read More..
The No. 1 Stock In The World – Part 3 – Seeking Alpha Seeking Alpha The No. 1 Stock In The World – Part 3Seeking AlphaMO has diversified its sin–stock holdings with a 27% stake in global beer purveyor SABMiller. It has expanded its product... Read More..
The Real Winner From The Pacquioa Vs. Mayweather Fight Is RCI Hospitality … – Seeking Alpha The Real Winner From The Pacquioa Vs. Mayweather Fight Is RCI Hospitality …Seeking AlphaThe first is the investors who are unwilling to pay up for a sin stock. The... Read More..
3 Sin Stocks With Strong Dividends – Motley Fool 3 Sin Stocks With Strong DividendsMotley Fool"Sin" stocks include companies whose products are generally considered to be detrimental to one's health or wellbeing. They typically come from industries such as tobacco, alcohol, gaming, and others. Products... Read More..