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New website aims to derail firearm stock investing

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    New website aims to derail firearm stock investing

    From: https://pjmedia.com/trending/2016/05...-you-find-out/


    A new website called "Hello Money, Goodbye Gun Stocks" will help anti-gun fanatics find out if they are unknowingly investing in the firearms industry.

    “Hello Money, Goodbye Gun Stocks” launched last week at GoodByeGunStocks.com, and is endorsed by prominent gun control groups like Newtown Action Alliance, New Yorkers Against Gun Violence and the Campaign to Unload. It will be available free for the next 30 days as part of a campaign to educate people about divesting from the gun industry.

    Once you check to see if your retirement money is in the dreaded firearms industry, the site will recommend alternative non-gun industry retirement funds.

    “We’re not gun activists by any means, but we’re both horrified by gun violence in the United States,” one of the co-creators said.

    Of course they aren't gun activists.

    The couple behind the site "analyzed 12,000 funds based on public Securities and Exchange Commission data, and found a whopping $17.3 billion invested in gun-related stocks." That information was used to create "Goodbye gun stocks."

    Is it a smart financial decision to abandon investment in the firearms industry? It doesn't seem like it, but the anti-Second Amendment crowd isn't known for its intelligence.
    The easiest way to identify and divest from the gun companies in your mutual funds.
    A man can never have too much red wine, too many books, or too much ammunition.

    - Rudyard Kipling

    #2
    Why can't I use the site the opposite way, and look for good performing gun companies and invest more in them? I like it!
    “The constitution shall never be construed...to prevent the people of the United States who are peaceable citizens from keeping their own arms.”
    Alexander Hamilton

    Comment


      #3
      These people are naive if they don't think the big investors know exactly where their funds are going.
      “Justice will not be served until those who are unaffected are as outraged as those who are." - Benjamin Franklin

      Comment


        #4
        How's it feel to postings dupes Joe? At least mine was about goats.
        Pat ------> NRA Endowment Member

        Comment


          #5
          In your defense it's from a different source.

          https://www.longislandgunclub.com/fo...nd-not-know-it
          Pat ------> NRA Endowment Member

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