“The American people will never knowingly adopt Socialism. But under the name of ‘liberalism’ they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.”

Socialist Party presidential candidate Norman Thomas


Tuesday, January 02, 2007

Vice vs Virtue in the market place

If you're looking to make a lot of money with your investments this year, apparently it would be wise to invest in companies which deal in alcohol, tobacco, gambling, and porn. There are a couple of mutual funds which have only companies dealing in these vices. The ViceFund is one of those funds and it returned 23% last year.

By contrast, the Ave Maria Catholic Values Fund, which excludes companies that violate Catholic doctrine, is up only 13 per cent.

Sometimes good guys do finish last.

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