Video: Sin Stocks are Guilt-Free?
Here's a little video from CNBC about investing in so-called Sin Stocks -- tobacco, gambling, alcohol and defense -- because they hold up well in a recession.
There's a lot that can be said on this issue, either way, but I draw your attention to this clip for one little cherry in particular.
Question to CNBC analyst Dennis Kneale:
"Dennis, should we feel guilty about making money off of other people's unhealthy or destructive behavior?"
His answer:
"No, we should never feel guilty about making money any way we can as long as it's legal."
Sorry, Dennis. I'm going to disagree with you there.