How Do You Feel About Investing in Tobacco Stocks?

Wouldn’t knowingly do it, but it’s possible I have money in a mutual fund that is invested in it.

If you and many others don’t invest in it, that reduces the demand (and price) of the shares. That in turn increases returns for those who do invest in it. If a share costs $10 and pays $1, it provides a 10% return. If the demand falls and it sells for $5, it yields a 20% return.

I don’t care how rich it would have made me if I’d knuckled under.
I won’t do it. We do what we can.

You should invest in big tobacco and also invest in major drug companies. At one point one will call for the other.

Believe it or not, I have just recently read of a new use for tobacco, which has nothing to do with smoking or the associated dangers. I would invest in a company that was performing research for new products.

@YARNLADY – what is it?

Tobacco companies and other “sin” stocks tend to outperform the market with higher than average dividend yields. IIRC, Bernanke held large amounts of Altria before going to the fed.

@susanc This article explains it