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    Registered User BLOATMOGGER's Avatar
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    Is it evil to invest in a tobacco company?

    If you knew you could get superior returns by investing in a tobacco company would you do it?
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    Buffett did it
    I'll globe you

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    I speak for the trees Jandels's Avatar
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    NZ retirement fund and ACC wont do it, we are too woke to make money off of tobacco.

    No smokes, and no brazilian land mines or cluster bombs either (Those are far worse than tobacco ofcourse).
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    Altria (MO) and you can’t go wrong with the dividend yield.
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    You even have to ask?

    Amateur
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    Capitalist GordonXXX's Avatar
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    “I don’t care about the politics. I don’t care about the social responsibility. I only care if it can make me money!” – Jim Cramer
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    Originally Posted by LethalGunz34 View Post
    Altria (MO) and you can’t go wrong with the dividend yield.
    This lmao

    Profit off people’s addictions lmao. I hope they don’t further regulate them though. Always a risk.
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    Capitalist GordonXXX's Avatar
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    Originally Posted by LethalGunz34 View Post
    Altria (MO) and you can’t go wrong with the dividend yield.
    dividend yield is not free money. when the dividend is paid the NAV of the stock or fund falls by a proportionate amount, all other things being equal. they are simply taking cash off the balance sheet and paying it to shareholders which reduces the value of the company or fund.
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