The sin trade
2001-10-19 7:51 a.m.
In September I listened to a story on Public Radio about a mutual fund company that was putting together a Christian mutual fund that would include stocks only in companies that were keeping in tune with Christian values. I thought "gee that's nice" and then the wheels in my head started turning. Wow, what about a sin fund? So here is Kung Fu Kitten's sin mutual fund. I plugged these into a pretend portfolio on the Motley Fool site on (creepy music plays) September 10, 2001 and "bought" 50 shares of each:
ASCA: Ameristar Casinos - gambling.
BUD: Budweiser - promoting underage drinking all over the world.
HDI: Harley Davidson - heartily endorsed by the Hells Angels.
JNJ: Johnson & Johnson - largest producer of birth control and condoms.
MCD: McDonald's - encouraging people to eat meat and high fat meals all over the globe.
PFE: Pfizer - One word: Viagra.
PLA: Playboy - Magazines, video and Cable.
So far the simple return rate is at 3% or up $375.00. I'll continue to monitor this fund during the year and see how it does. I wanted to add a tobacco company like Phillip Morris but I just couldn't do it with all the lawsuits and weird health insurance things going on. I just think it's a bad investment right now.
*DISCLAIMER* Kung fu kitten doesn't know squat about the stock market or stocks in general. She is not responsible for the economy or for Alan Greenspan's erratic behavior. Kung fu kitten is not responsible for your money or your soul. *END DISCLAIMER*
Simon thinks I gave him my cold. I told him anthrax isn't contagious and he must have gotten his cold from someone else.
I started reading a new book on the bus today: "Fabulous Feasts, Medieval Cookery and Ceremony." I went to graduate school for medieval literature so I actually find this stuff fascinating.
0 People have tried to sell me Viagra