Comments on: Sin Stocks!! http://www.thedividendguyblog.com/sin-stocks/ One Guy's Journey to Passive Income Through Dividend Investing Fri, 10 Feb 2012 13:02:29 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Ken http://www.thedividendguyblog.com/sin-stocks/comment-page-1/#comment-14 Ken Wed, 30 Nov -0001 00:00:00 +0000 http://thedividendguyblog.com/?p=10#comment-14 Altria might not be a bad play right now. There's talk of splitting the company into three divisions - Philip Morris US, Philip Morris International and Kraft - to shield it from lawsuits.<BR/><BR/>Also, if you want Canadian there's also Rothmans. They have raised their dividend recently and they also gave out $1.50 a share in special dividends.<BR/><BR/>Cheers,<BR/><BR/>Ken<BR/><A HREF="http://cdndrips.blogspot.com/" REL="nofollow">Canadian Dividend Reinvestment Plans (DRIPs)</A> Altria might not be a bad play right now. There’s talk of splitting the company into three divisions – Philip Morris US, Philip Morris International and Kraft – to shield it from lawsuits.

Also, if you want Canadian there’s also Rothmans. They have raised their dividend recently and they also gave out $1.50 a share in special dividends.

Cheers,

Ken
Canadian Dividend Reinvestment Plans (DRIPs)

]]> By: Baltica http://www.thedividendguyblog.com/sin-stocks/comment-page-1/#comment-15 Baltica Wed, 30 Nov -0001 00:00:00 +0000 http://thedividendguyblog.com/?p=10#comment-15 I've found investing in the tobacco industry easier to justify when I take a step back and look at the big picture.<BR/><BR/>Smokers cause a greater burden on our health care system which non-smokers like me have to help pay for through taxes. Part of that money I pay can be replaced by the smokers themselves if I choose to invest in a tobacco company and receive a portion of their profit by way of dividends and/or capital gains.<BR/><BR/>Okay, maybe that's a bit of a stretch. It goes to show you that you can justify pretty much anything if you really wanted to.<BR/><BR/>Keep up the great work on this blog. It's a treat to check it out from time to time to see what similar types of investors to myself are up to. I’ve found investing in the tobacco industry easier to justify when I take a step back and look at the big picture.

Smokers cause a greater burden on our health care system which non-smokers like me have to help pay for through taxes. Part of that money I pay can be replaced by the smokers themselves if I choose to invest in a tobacco company and receive a portion of their profit by way of dividends and/or capital gains.

Okay, maybe that’s a bit of a stretch. It goes to show you that you can justify pretty much anything if you really wanted to.

Keep up the great work on this blog. It’s a treat to check it out from time to time to see what similar types of investors to myself are up to.

]]> By: Canadian Capitalist http://www.thedividendguyblog.com/sin-stocks/comment-page-1/#comment-16 Canadian Capitalist Wed, 30 Nov -0001 00:00:00 +0000 http://thedividendguyblog.com/?p=10#comment-16 Great topic. The first sin stock I bought was Altria, when it was in deep trouble over the Price $10B verdict. I thought long and hard about the ethics of investing in sin and decided that personally I would invest in anything legal. It is funny that I was squeamish about big tobacco, but had no problem investing in resources (environmental damage) and aerospace (military).<BR/><BR/>I personally own Altria and Anheuser-Busch. I don't believe Altria is a good value now relative to its litigation risks. Good luck with your decision.<BR/><BR/><A HREF="http://canadiancapitalist.blogspot.com" REL="nofollow">Canadian Capitalist</A> Great topic. The first sin stock I bought was Altria, when it was in deep trouble over the Price $10B verdict. I thought long and hard about the ethics of investing in sin and decided that personally I would invest in anything legal. It is funny that I was squeamish about big tobacco, but had no problem investing in resources (environmental damage) and aerospace (military).

I personally own Altria and Anheuser-Busch. I don’t believe Altria is a good value now relative to its litigation risks. Good luck with your decision.

Canadian Capitalist

]]> By: The Dividend Guy http://www.thedividendguyblog.com/sin-stocks/comment-page-1/#comment-17 The Dividend Guy Wed, 30 Nov -0001 00:00:00 +0000 http://thedividendguyblog.com/?p=10#comment-17 That is a good point Canadian Capitalist concerning the resource stocks. As a Calgarian, oil and gas is in my blood and I would not hesitate to buy an Encana or Enbridge. Never thought about it that way. That is a good point Canadian Capitalist concerning the resource stocks. As a Calgarian, oil and gas is in my blood and I would not hesitate to buy an Encana or Enbridge. Never thought about it that way.

]]> By: The Dividend Guy http://www.thedividendguyblog.com/sin-stocks/comment-page-1/#comment-18 The Dividend Guy Wed, 30 Nov -0001 00:00:00 +0000 http://thedividendguyblog.com/?p=10#comment-18 Baltica, you are right about being able to justify anything...just depends at how good at debate you are!! Part of my issue with tobacco stocks is the burden they place on the health care system. I am not sure I am really getting my money back, but I appreciate your viewpoint none the less. Baltica, you are right about being able to justify anything…just depends at how good at debate you are!! Part of my issue with tobacco stocks is the burden they place on the health care system. I am not sure I am really getting my money back, but I appreciate your viewpoint none the less.

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