Comments on: How Heavy Is Your Portfolio On The Sin Scale? http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/ A Vancouverite's journey to financial freedom. Thu, 11 Mar 2010 18:30:00 +0000 http://wordpress.org/?v=2.1.2 By: Dividends4Life http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1166 Dividends4Life Thu, 13 Mar 2008 17:03:17 +0000 http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1166 Excellent read! Most people shy away from stocks of companies they object to. This is a very personal and individual choice. There are stocks that I will not buy based on my convictions, that you may or may not have a problem buying. Conversely, I could be open to buying some companies that you would never consider. We all have a different perspective. Again, a great article. Thanks for sharing it! Best Wishes, D4L Excellent read! Most people shy away from stocks of companies they object to. This is a very personal and individual choice. There are stocks that I will not buy based on my convictions, that you may or may not have a problem buying. Conversely, I could be open to buying some companies that you would never consider. We all have a different perspective.

Again, a great article. Thanks for sharing it!

Best Wishes,
D4L

]]> By: mg http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1167 mg Thu, 13 Mar 2008 17:31:32 +0000 http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1167 Interesting post. One way to think about it is that you are not going to have any influence on whether the company exists or not, so why not profit from them... Interesting post. One way to think about it is that you are not going to have any influence on whether the company exists or not, so why not profit from them…

]]> By: Weekly Dividend Investing Roundup - March 14, 2008 » The Dividend Guy Blog http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1168 Weekly Dividend Investing Roundup - March 14, 2008 » The Dividend Guy Blog Fri, 14 Mar 2008 12:51:01 +0000 http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1168 [...] Sin stocks are something that we have talked about on this blog. Financial Jungle asked, How Heavy Is Your Portfolio On The Sin Scale? [...] […] Sin stocks are something that we have talked about on this blog. Financial Jungle asked, How Heavy Is Your Portfolio On The Sin Scale? […]

]]> By: Investing & Passive Income http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1169 Investing & Passive Income Sun, 16 Mar 2008 01:26:27 +0000 http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1169 interesting post. when I was younger I would've thought that I'd be a socially responsible investor. however, i realised that even sin stocks make money, especially tobacco companies. they perform a service by filling a need. Tobacco companies don't kill people. They just "help" people kill themselves. Similar to how gun companies help spread violence or oil companie help spread pollution. We only have ourselves to blame. Meanwhile, I'll help myself to some of their profit, thank you very much! interesting post.
when I was younger I would’ve thought that I’d be a socially responsible investor.

however, i realised that even sin stocks make money, especially tobacco companies. they perform a service by filling a need. Tobacco companies don’t kill people. They just “help” people kill themselves.

Similar to how gun companies help spread violence or oil companie help spread pollution. We only have ourselves to blame.

Meanwhile, I’ll help myself to some of their profit, thank you very much!

]]> By: telly http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1171 telly Mon, 17 Mar 2008 15:07:04 +0000 http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1171 I'm with mg. Buying the product is far worse than owning a part of the company imo. I try to be ethical in my purchasing but look for profit 1st in investing. Proud Owner of ROC (my only gainer YTD) :) I’m with mg. Buying the product is far worse than owning a part of the company imo. I try to be ethical in my purchasing but look for profit 1st in investing.

Proud Owner of ROC (my only gainer YTD) :)

]]> By: Financial Jungle Guy http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1172 Financial Jungle Guy Mon, 17 Mar 2008 15:33:33 +0000 http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1172 Thank you for all the comments. Telly, I have ROC on my watchlist. It has done remarkably well considering the market we're in. Good job on the pick. Thank you for all the comments.

Telly, I have ROC on my watchlist. It has done remarkably well considering the market we’re in. Good job on the pick.

]]> By: How Heavy Is Your Portfolio On The Sin Scale? | Financial Solution News http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1173 How Heavy Is Your Portfolio On The Sin Scale? | Financial Solution News Mon, 17 Mar 2008 18:13:13 +0000 http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1173 [...] post by Financial Jungle Guy Related Posts: Switch Between Fixed and Variable Rate Mortgage with no Closing [...] […] post by Financial Jungle Guy Related Posts: Switch Between Fixed and Variable Rate Mortgage with no Closing […]

]]> By: Lazy Ninja http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1186 Lazy Ninja Fri, 21 Mar 2008 23:17:43 +0000 http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1186 Sigh, I guess I try not to confuse having ethics with making money. There's a time and a place for each, and I feel they don't necessarily HAVE to overlap. I agree that deciding what is/isn't ethical is a different decision for each individual. I was actually looking at a vice ETF (drawing a blank on the symbol, sorry). Thought to myself: alcohol?sure, tobacco? umm, I guess, gambling? why not?, weapons manufacturing? sorry, one step too far, that's where I draw the line. By the way Jungleguy, interesting take on energy companies versus tobacco/alcohol/gaming companies. Sigh, I guess I try not to confuse having ethics with making money. There’s a time and a place for each, and I feel they don’t necessarily HAVE to overlap.

I agree that deciding what is/isn’t ethical is a different decision for each individual.

I was actually looking at a vice ETF (drawing a blank on the symbol, sorry). Thought to myself: alcohol?sure, tobacco? umm, I guess, gambling? why not?, weapons manufacturing? sorry, one step too far, that’s where I draw the line.

By the way Jungleguy, interesting take on energy companies versus tobacco/alcohol/gaming companies.

]]> By: Financial Jungle Guy http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1187 Financial Jungle Guy Sat, 22 Mar 2008 00:00:51 +0000 http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1187 Hey LazyNinja - Glad to see you made it from the CB forum to my blog. Welcome. Hey LazyNinja - Glad to see you made it from the CB forum to my blog. Welcome.

]]> By: Lazy Ninja http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1189 Lazy Ninja Sun, 23 Mar 2008 15:27:20 +0000 http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1189 Alright, Jungleguy... Where do you put IGM on the sin scale? Alright, Jungleguy…

Where do you put IGM on the sin scale?

]]> By: Financial Jungle Guy http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1190 Financial Jungle Guy Sun, 23 Mar 2008 18:21:18 +0000 http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1190 Between 1 and 10; 1 being most ethical, 5 being neutral, and 10 being most evil. Lockheed Martin - 10 Energy - 9 Tobacco - 7 IGM - 6 Retail - 5 Utility - 5 Health Care & Medical Device - 3 Alternative Energy - 1 Between 1 and 10; 1 being most ethical, 5 being neutral, and 10 being most evil.

Lockheed Martin - 10
Energy - 9
Tobacco - 7
IGM - 6
Retail - 5
Utility - 5
Health Care & Medical Device - 3
Alternative Energy - 1

]]> By: Dan Tyrant http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1197 Dan Tyrant Mon, 24 Mar 2008 21:28:05 +0000 http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1197 Good post! Fellow Canadian here wrestling with similar issues. Won't own Exxon, Chevron, Halliburton, Lockheed, any of the major US banks, tobacco. That said, have you come across the Vice Fund? Here's its holdings: Altria, MGM Mirage, Int'l Game Tech, British-American Tobacco, Boeing, Lockheed, InBev, Diageo PLC... I'd never buy it, but I bet it'll do fine. Good post!

Fellow Canadian here wrestling with similar issues. Won’t own Exxon, Chevron, Halliburton, Lockheed, any of the major US banks, tobacco.

That said, have you come across the Vice Fund? Here’s its holdings:

Altria, MGM Mirage, Int’l Game Tech, British-American Tobacco, Boeing, Lockheed, InBev, Diageo PLC…

I’d never buy it, but I bet it’ll do fine.

]]> By: Financial Jungle Guy http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1199 Financial Jungle Guy Tue, 25 Mar 2008 07:09:08 +0000 http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1199 Hey Dan - Vice Fund, like many American mutual funds, isn't a household name in Canada since they're not available to Canadians. But,a little window shopping never hurts. Thanks for the list. Hey Dan - Vice Fund, like many American mutual funds, isn’t a household name in Canada since they’re not available to Canadians. But,a little window shopping never hurts. Thanks for the list.

]]> By: Don’t invest to save the world http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1336 Don’t invest to save the world Thu, 17 Apr 2008 10:25:03 +0000 http://financialjungle.com/2008/03/13/investing/how-heavy-is-your-portfolio-on-the-sin-scale/#comment-1336 [...] the world Apr.17, 2008 in Investments Recently I read a post by at Financial Jungle called - How Heavy Is Your Portfolio On The Sin Scale?.  Basically the topic is whether or not you should invest in “sinful”, or morally [...] […] the world Apr.17, 2008 in Investments Recently I read a post by at Financial Jungle called - How Heavy Is Your Portfolio On The Sin Scale?.  Basically the topic is whether or not you should invest in “sinful”, or morally […]

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