Join our investing community

Do sin stocks really give your portfolio the edge?

Discussion in 'Investing Strategies' started by twisted strategies, 27th Feb, 2020.

  1. twisted strategies

    twisted strategies Well-Known Member

    Joined:
    3rd Nov, 2013
    Posts:
    1,358
    Location:
    QLD
    Do sin stocks really give your portfolio the edge?

    ( DYOR )

    now in my research i have no pure play alcohol stocks because i haven't found an ASX listed stock that had attractive numbers although i do have alcohol exposure via CCL , WOW , and COL and HPI ( a REIT specializing in hotel properties )

    i am unaware of a pure play ASX listed tobacco stock currently listed )

    and ASB never passes my filters , but BIS looks attractive now and then ( but i keep on missing it )

    gambling is my preferred sin stock ( sector ) i buy them as 'safe havens ' on the logic that when times get very bad a small number of the population will try to gamble their way out of hardship ( so MIGHT resist the downturn a little better than other consumer discretionary stocks