• Tobacco Stocks are Still Good for Income Investors, says BlackRock

    Despite threats to the industry from e-cigarettes, tobacco stocks still offer income investors high sustainable yields says BlackRock. Morningstar guest: Stuart Reeve, Manager of the BlackRock Global Income Fund http://www.morningstar.co.uk -~-~~-~~~-~~-~- "ISA Investing: Top Tips for Last Minute Savers" https://www.youtube.com/watch?v=p29qeZTchtQ -~-~~-~~~-~~-~-

    published: 27 Jun 2016
  • The Moral Case For Investing In Big Tobacco - How To Invest In Stocks | Alex Pitti

    This video explains the reason why you should buy tobacco stocks even if you feel it is morally wrong to encourage smoking. My Seeking Alpha: http://seekingalpha.com/author/alex-pitti My Twitter: https://twitter.com/stockmanalexp The Article I Cited: http://theconservativeincomeinvestor.com/2013/08/24/if-you-find-tobacco-stocks-unethical-you-should-buy-tobacco-stocks/#disqus_thread

    published: 17 Aug 2015
  • Tobacco: Last Week Tonight with John Oliver (HBO)

    Thanks to tobacco industry regulations and marketing restrictions in the US, smoking rates have dropped dramatically. John Oliver explains how tobacco companies are keeping their business strong overseas. Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: ...

    published: 16 Feb 2015
  • Tobacco Stocks Get Snuffed On FDA Action; Earnings Previews from AAPL, TSLA, GRUB And MTCH

    A look at how the FDA's action affects tobacco stocks. Plus, Apple, Tesla, Grubhub, Match, and a slew of other companies prepare to report earnings.

    published: 28 Jul 2017
  • Ash to cash: Big Tobacco's big profits - Counting the Cost

    Ash to cash: Big Tobacco's big profits - Counting the Cost Last week, retailers across the world did not sell cigarettes and tobacco products for one day. "World No Tobacco Day" was marked internationally on May 31 in order to highlight health risks associated with tobacco use and to advocate policies to reduce tobacco consumption. Tobacco kills an estimated six million people per year. The tobacco industry has annual revenues of nearly $500bn. The number of cigarettes manufactured and sold has risen to six trillion every year worldwide - nearly double of what it was four decades ago. Tobacco stocks outperformed the market in 2015 and have in fact done so for the past decade. But even if you are not buying cigarettes, you may still be buying in to them. In May 2016, one of the bigge...

    published: 04 Jun 2016
  • Tobacco Stocks In Focus Today

    Tobacco stocks in focus today. Mangalam Maloo tells you why here.

    published: 27 Dec 2016
  • Why We Don't Invest in Tobacco Companies

    Cassandra Laymon discusses the real reason we screen tobacco companies out of our portfolios.

    published: 19 Mar 2017
  • Tobacco Stocks Get Snuffed On FDA Action

    Marlboro parent Altria, British American Tobacco, and Phillip Morris International were among the stocks affected by the decision.

    published: 28 Jul 2017
  • Security fog in a tobacco stock and packing facility

    http://etgholdings.com.hk/

    published: 11 Jun 2015
  • FRENCH TOBACCO 4 AU WOOD STOCK GUITARES LIVE TITI ROCK ALSACE DEJANTE

    FRENCH TOBACCO AU WOOD STOCK GUITARES LIVE LE 06 MAI 2017 BISOUS A TOUTES ET TOUS TITI ROCK ALSACE DEJANTE

    published: 08 May 2017
  • Tobacco stocks up in smoke

    A Florida jury wants R.J. Reynolds to pay more than$23.5 billion in damages to a widow of a smoker. That number will likely be reduced. But it highlights a risk for cigarette companies just as Reynolds and Lorillard look to merge.

    published: 21 Jul 2014
  • FRENCH TOBACCO 2 AU WOOD STOCK GUITARES LIVE TITI ROCK ALSACE DEJANTE

    FRENCH TOBACCO AU WOOD STOCK GUITARES LIVE LE 06 MAI 2017 BISOUS A TOUTES ET TOUS TITI ROCK ALSACE DEJANTE

    published: 09 May 2017
  • Ten Reasons to Stock Up (Hoard) Cigars & Pipe Tobacco

    If you thought that the FDA ruling on pipe tobacco and cigars was the only reason to build up your stores of tobacco, you are wrong. There are several great reasons for you hoard as much tobacco as you can. Clear some room in your closet for all the tobacco you are about to buy.

    published: 01 Jun 2016
  • Growth Stocks for Global Investors: Tech, Media and Tobacco

    Looking for growth stocks for your portfolio? Raj Shant, manager of the Newton Global Opportunities fund reveals three picks for long-term returns. Morningstar Guest: Raj Shant, Manager of the Newton Global Opportunities Fund. http://www.morningstar.co.uk -~-~~-~~~-~~-~- "ISA Investing: Top Tips for Last Minute Savers" https://www.youtube.com/watch?v=p29qeZTchtQ -~-~~-~~~-~~-~-

    published: 16 Sep 2016
  • Daily Stock Pick - 27 June 2016 - British American Tobacco

    Bruce Main from Ivy Asset Management takes Giulietta through his stock pick of the day: British American Tobacco (BTI:JSE) / R912.24 / UP 1.03%

    published: 28 Jun 2016
  • Seeking Yield? Try Tobacco, Pipeline Stocks

    Seeking Yield? Try Tobacco, Pipeline Stocks

    published: 25 Jan 2012
  • FRENCH TOBACCO 5 AU WOOD STOCK GUITARES LIVE TITI ROCK ALSACE DEJANTE

    FRENCH TOBACCO AU WOOD STOCK GUITARES LIVE LE 06 MAI 2017 BISOUS A TOUTES ET TOUS TITI ROCK ALSACE DEJANTE

    published: 08 May 2017
  • Investors addicted to tobacco stock

    Eighteen months after the launch of a major global campaign to persuade money managers to black-list tobacco stocks, few European investors have . Thanks to tobacco industry regulations and marketing restrictions in the US, smoking rates have dropped dramatically. John Oliver explains how tobacco . What do you think the most successful industry in America has been in the past 100 years? A hint: it's home to the most successful company of the past 50 years. Full video from FORA.tv Studios available at: Marijuana investor Christian Groh argues .

    published: 06 Sep 2016
  • Hypocrite Al Franken Criticizes Tom Price For Owning Tobacco Stocks That He Also Owns

    Hypocrite Al Franken Criticizes Tom Price For Owning Tobacco Stocks That He Also Owns

    published: 20 Jan 2017
  • Position Trader Vblog 73 Tobacco stocks take a tumble

    "Tobacco stocks take a tumble" IQE, BXP, FEVR,

    published: 28 Jul 2017
  • Robinhood APP - Tobacco and E-Cig Stocks! GOOD DIvidends and GREAT Growth Potential!

    Follow my progress as I dive head first into investing, while trying not to lose it all!! Robinhood APP - Robinhood - Free Stock Trading Download Links: ANDROID Robinhood APP https://play.google.com/store/apps/details?id=com.robinhood.android&hl=en Apple IOS Robinhood APP https://itunes.apple.com/us/app/robinhood-free-stock-trading/id938003185?mt=8 Stash Invest APP https://www.stashinvest.com Please note I am not a market professional. I am not responsible for any trading losses that may be experienced by following my wayward lead, in fact I recommend you don't follow my lead. :) Have fun and happy trading.

    published: 27 May 2017
  • Jester Pipe Tobacco Review

    Follow the link: http://www.tobaccostock.com/brands/jester.html

    published: 05 Sep 2017
  • FRENCH TOBACCO 8 AU WOOD STOCK GUITARES LIVE TITI ROCK ALSACE DEJANTE

    FRENCH TOBACCO AU WOOD STOCK GUITARES LIVE LE 06 MAI 2017 BISOUS A TOUTES ET TOUS TITI ROCK ALSACE DEJANTE

    published: 08 May 2017
  • E-cig's risk to big tobacco stocks and bonds?

    Market expert Lee Munson of Portfolio Wealth Advisors is asked to discuss why we care about E-cig's. basically, if you look at the way a lot of these bonds were structured, they anticipated an average decline in cigarette usage of about 3% a year. suddenly, with e-cigarettes, we've gone above that. so, it's more of a decline even in government borrowing form. but you're saying, do not help big tobacco out. you've actually made a lot of money in not counting big tobacco out, right? yeah, if you look at the last, what was the best performing stock from last half of last century? that was philip morris. and the reason why is it's always a value stock, always being beaten up. what we're concerned about today is big tobacco eastman kodiak themselves. meaning, eastman kodak was in denial of ne...

    published: 24 Jun 2014
Tobacco Stocks are Still Good for Income Investors, says BlackRock

Tobacco Stocks are Still Good for Income Investors, says BlackRock

  • Order:
  • Duration: 4:18
  • Updated: 27 Jun 2016
  • views: 179
videos
Despite threats to the industry from e-cigarettes, tobacco stocks still offer income investors high sustainable yields says BlackRock. Morningstar guest: Stuart Reeve, Manager of the BlackRock Global Income Fund http://www.morningstar.co.uk -~-~~-~~~-~~-~- "ISA Investing: Top Tips for Last Minute Savers" https://www.youtube.com/watch?v=p29qeZTchtQ -~-~~-~~~-~~-~-
https://wn.com/Tobacco_Stocks_Are_Still_Good_For_Income_Investors,_Says_Blackrock
The Moral Case For Investing In Big Tobacco - How To Invest In Stocks | Alex Pitti

The Moral Case For Investing In Big Tobacco - How To Invest In Stocks | Alex Pitti

  • Order:
  • Duration: 4:34
  • Updated: 17 Aug 2015
  • views: 981
videos
This video explains the reason why you should buy tobacco stocks even if you feel it is morally wrong to encourage smoking. My Seeking Alpha: http://seekingalpha.com/author/alex-pitti My Twitter: https://twitter.com/stockmanalexp The Article I Cited: http://theconservativeincomeinvestor.com/2013/08/24/if-you-find-tobacco-stocks-unethical-you-should-buy-tobacco-stocks/#disqus_thread
https://wn.com/The_Moral_Case_For_Investing_In_Big_Tobacco_How_To_Invest_In_Stocks_|_Alex_Pitti
Tobacco: Last Week Tonight with John Oliver (HBO)

Tobacco: Last Week Tonight with John Oliver (HBO)

  • Order:
  • Duration: 18:11
  • Updated: 16 Feb 2015
  • views: 11987222
videos
Thanks to tobacco industry regulations and marketing restrictions in the US, smoking rates have dropped dramatically. John Oliver explains how tobacco companies are keeping their business strong overseas. Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight
https://wn.com/Tobacco_Last_Week_Tonight_With_John_Oliver_(Hbo)
Tobacco Stocks Get Snuffed On FDA Action; Earnings Previews from AAPL, TSLA, GRUB And MTCH

Tobacco Stocks Get Snuffed On FDA Action; Earnings Previews from AAPL, TSLA, GRUB And MTCH

  • Order:
  • Duration: 5:17
  • Updated: 28 Jul 2017
  • views: 116
videos
A look at how the FDA's action affects tobacco stocks. Plus, Apple, Tesla, Grubhub, Match, and a slew of other companies prepare to report earnings.
https://wn.com/Tobacco_Stocks_Get_Snuffed_On_Fda_Action_Earnings_Previews_From_Aapl,_Tsla,_Grub_And_Mtch
Ash to cash: Big Tobacco's big profits - Counting the Cost

Ash to cash: Big Tobacco's big profits - Counting the Cost

  • Order:
  • Duration: 25:51
  • Updated: 04 Jun 2016
  • views: 5074
videos
Ash to cash: Big Tobacco's big profits - Counting the Cost Last week, retailers across the world did not sell cigarettes and tobacco products for one day. "World No Tobacco Day" was marked internationally on May 31 in order to highlight health risks associated with tobacco use and to advocate policies to reduce tobacco consumption. Tobacco kills an estimated six million people per year. The tobacco industry has annual revenues of nearly $500bn. The number of cigarettes manufactured and sold has risen to six trillion every year worldwide - nearly double of what it was four decades ago. Tobacco stocks outperformed the market in 2015 and have in fact done so for the past decade. But even if you are not buying cigarettes, you may still be buying in to them. In May 2016, one of the biggest insurers, Axa, said it could not continue being a health insurer and supporting tobacco. It committed to stubbing out its investments in tobacco stocks and bonds and even called the tobacco industry a sunset industry. But is the industry really on its way out? We examine how big tobacco players have shifted focus to the developing world to stay profitable; and how your pension money may well be tied up in the industry. As there are also calls on pension funds to follow Axa's lead, Counting the Cost talks to Jonathan Hoare, director of Policy & Investor Networks, Shareaction, about Big Tobacco and the politics behind it. Al Jazeera's Step Vaessen gives an insight into the tobacco industry's focus on developing countries like Indonesia and its impact on the people. With 65 million smokers, Indonesia is a big market - one in five children start to smoke before the age of 10. Also on this episode of Counting the Cost: ISIL and oil: Even as the Iraqi army fights back, the armed group, which is also known as ISIS, is still strong and well-funded. An update on how ISIL controls the oil fields, how it sells the oil and why it is still finding customers for its contraband crude. Greece on life support: The country is bankrupt, so how much more austerity is in store for Europe's most depressed economy? Made in Taiwan: About 90 percent of the world's computers and one-third of mobile phones are from Taiwan. It's famous for its technology industry, but it may need to adapt if it wants to remain a high-tech hub. More from Counting the Cost on: YouTube - http://aje.io/countingthecostYT Website - http://aljazeera.com/countingthecost/
https://wn.com/Ash_To_Cash_Big_Tobacco's_Big_Profits_Counting_The_Cost
Tobacco Stocks In Focus Today

Tobacco Stocks In Focus Today

  • Order:
  • Duration: 1:34
  • Updated: 27 Dec 2016
  • views: 70
videos
Tobacco stocks in focus today. Mangalam Maloo tells you why here.
https://wn.com/Tobacco_Stocks_In_Focus_Today
Why We Don't Invest in Tobacco Companies

Why We Don't Invest in Tobacco Companies

  • Order:
  • Duration: 3:17
  • Updated: 19 Mar 2017
  • views: 39
videos
Cassandra Laymon discusses the real reason we screen tobacco companies out of our portfolios.
https://wn.com/Why_We_Don't_Invest_In_Tobacco_Companies
Tobacco Stocks Get Snuffed On FDA Action

Tobacco Stocks Get Snuffed On FDA Action

  • Order:
  • Duration: 0:43
  • Updated: 28 Jul 2017
  • views: 37
videos
Marlboro parent Altria, British American Tobacco, and Phillip Morris International were among the stocks affected by the decision.
https://wn.com/Tobacco_Stocks_Get_Snuffed_On_Fda_Action
Security fog in a tobacco stock and packing facility

Security fog in a tobacco stock and packing facility

  • Order:
  • Duration: 0:43
  • Updated: 11 Jun 2015
  • views: 21
videos
http://etgholdings.com.hk/
https://wn.com/Security_Fog_In_A_Tobacco_Stock_And_Packing_Facility
FRENCH TOBACCO 4  AU WOOD STOCK GUITARES LIVE TITI ROCK ALSACE DEJANTE

FRENCH TOBACCO 4 AU WOOD STOCK GUITARES LIVE TITI ROCK ALSACE DEJANTE

  • Order:
  • Duration: 4:30
  • Updated: 08 May 2017
  • views: 16
videos
FRENCH TOBACCO AU WOOD STOCK GUITARES LIVE LE 06 MAI 2017 BISOUS A TOUTES ET TOUS TITI ROCK ALSACE DEJANTE
https://wn.com/French_Tobacco_4_Au_Wood_Stock_Guitares_Live_Titi_Rock_Alsace_Dejante
Tobacco stocks up in smoke

Tobacco stocks up in smoke

  • Order:
  • Duration: 1:26
  • Updated: 21 Jul 2014
  • views: 616
videos
A Florida jury wants R.J. Reynolds to pay more than$23.5 billion in damages to a widow of a smoker. That number will likely be reduced. But it highlights a risk for cigarette companies just as Reynolds and Lorillard look to merge.
https://wn.com/Tobacco_Stocks_Up_In_Smoke
FRENCH TOBACCO 2 AU WOOD STOCK GUITARES LIVE TITI ROCK ALSACE DEJANTE

FRENCH TOBACCO 2 AU WOOD STOCK GUITARES LIVE TITI ROCK ALSACE DEJANTE

  • Order:
  • Duration: 4:15
  • Updated: 09 May 2017
  • views: 12
videos
FRENCH TOBACCO AU WOOD STOCK GUITARES LIVE LE 06 MAI 2017 BISOUS A TOUTES ET TOUS TITI ROCK ALSACE DEJANTE
https://wn.com/French_Tobacco_2_Au_Wood_Stock_Guitares_Live_Titi_Rock_Alsace_Dejante
Ten Reasons to Stock Up (Hoard) Cigars & Pipe Tobacco

Ten Reasons to Stock Up (Hoard) Cigars & Pipe Tobacco

  • Order:
  • Duration: 17:01
  • Updated: 01 Jun 2016
  • views: 1694
videos
If you thought that the FDA ruling on pipe tobacco and cigars was the only reason to build up your stores of tobacco, you are wrong. There are several great reasons for you hoard as much tobacco as you can. Clear some room in your closet for all the tobacco you are about to buy.
https://wn.com/Ten_Reasons_To_Stock_Up_(Hoard)_Cigars_Pipe_Tobacco
Growth Stocks for Global Investors: Tech, Media and Tobacco

Growth Stocks for Global Investors: Tech, Media and Tobacco

  • Order:
  • Duration: 3:43
  • Updated: 16 Sep 2016
  • views: 96
videos
Looking for growth stocks for your portfolio? Raj Shant, manager of the Newton Global Opportunities fund reveals three picks for long-term returns. Morningstar Guest: Raj Shant, Manager of the Newton Global Opportunities Fund. http://www.morningstar.co.uk -~-~~-~~~-~~-~- "ISA Investing: Top Tips for Last Minute Savers" https://www.youtube.com/watch?v=p29qeZTchtQ -~-~~-~~~-~~-~-
https://wn.com/Growth_Stocks_For_Global_Investors_Tech,_Media_And_Tobacco
Daily Stock Pick - 27 June 2016 - British American Tobacco

Daily Stock Pick - 27 June 2016 - British American Tobacco

  • Order:
  • Duration: 1:18
  • Updated: 28 Jun 2016
  • views: 30
videos
Bruce Main from Ivy Asset Management takes Giulietta through his stock pick of the day: British American Tobacco (BTI:JSE) / R912.24 / UP 1.03%
https://wn.com/Daily_Stock_Pick_27_June_2016_British_American_Tobacco
Seeking Yield? Try Tobacco, Pipeline Stocks

Seeking Yield? Try Tobacco, Pipeline Stocks

  • Order:
  • Duration: 2:09
  • Updated: 25 Jan 2012
  • views: 65
videos
Seeking Yield? Try Tobacco, Pipeline Stocks
https://wn.com/Seeking_Yield_Try_Tobacco,_Pipeline_Stocks
FRENCH TOBACCO 5  AU WOOD STOCK GUITARES LIVE TITI ROCK ALSACE DEJANTE

FRENCH TOBACCO 5 AU WOOD STOCK GUITARES LIVE TITI ROCK ALSACE DEJANTE

  • Order:
  • Duration: 4:18
  • Updated: 08 May 2017
  • views: 3
videos
FRENCH TOBACCO AU WOOD STOCK GUITARES LIVE LE 06 MAI 2017 BISOUS A TOUTES ET TOUS TITI ROCK ALSACE DEJANTE
https://wn.com/French_Tobacco_5_Au_Wood_Stock_Guitares_Live_Titi_Rock_Alsace_Dejante
Investors addicted to tobacco stock

Investors addicted to tobacco stock

  • Order:
  • Duration: 2:27
  • Updated: 06 Sep 2016
  • views: 10
videos
Eighteen months after the launch of a major global campaign to persuade money managers to black-list tobacco stocks, few European investors have . Thanks to tobacco industry regulations and marketing restrictions in the US, smoking rates have dropped dramatically. John Oliver explains how tobacco . What do you think the most successful industry in America has been in the past 100 years? A hint: it's home to the most successful company of the past 50 years. Full video from FORA.tv Studios available at: Marijuana investor Christian Groh argues .
https://wn.com/Investors_Addicted_To_Tobacco_Stock
Hypocrite Al Franken Criticizes Tom Price For Owning Tobacco Stocks That He Also Owns

Hypocrite Al Franken Criticizes Tom Price For Owning Tobacco Stocks That He Also Owns

  • Order:
  • Duration: 4:07
  • Updated: 20 Jan 2017
  • views: 1642
videos
Hypocrite Al Franken Criticizes Tom Price For Owning Tobacco Stocks That He Also Owns
https://wn.com/Hypocrite_Al_Franken_Criticizes_Tom_Price_For_Owning_Tobacco_Stocks_That_He_Also_Owns
Position Trader Vblog 73 Tobacco stocks take a tumble

Position Trader Vblog 73 Tobacco stocks take a tumble

  • Order:
  • Duration: 15:04
  • Updated: 28 Jul 2017
  • views: 13
videos
"Tobacco stocks take a tumble" IQE, BXP, FEVR,
https://wn.com/Position_Trader_Vblog_73_Tobacco_Stocks_Take_A_Tumble
Robinhood APP - Tobacco and E-Cig Stocks! GOOD DIvidends and GREAT Growth Potential!

Robinhood APP - Tobacco and E-Cig Stocks! GOOD DIvidends and GREAT Growth Potential!

  • Order:
  • Duration: 5:00
  • Updated: 27 May 2017
  • views: 795
videos
Follow my progress as I dive head first into investing, while trying not to lose it all!! Robinhood APP - Robinhood - Free Stock Trading Download Links: ANDROID Robinhood APP https://play.google.com/store/apps/details?id=com.robinhood.android&hl=en Apple IOS Robinhood APP https://itunes.apple.com/us/app/robinhood-free-stock-trading/id938003185?mt=8 Stash Invest APP https://www.stashinvest.com Please note I am not a market professional. I am not responsible for any trading losses that may be experienced by following my wayward lead, in fact I recommend you don't follow my lead. :) Have fun and happy trading.
https://wn.com/Robinhood_App_Tobacco_And_E_Cig_Stocks_Good_Dividends_And_Great_Growth_Potential
Jester Pipe Tobacco Review

Jester Pipe Tobacco Review

  • Order:
  • Duration: 3:17
  • Updated: 05 Sep 2017
  • views: 36
videos
Follow the link: http://www.tobaccostock.com/brands/jester.html
https://wn.com/Jester_Pipe_Tobacco_Review
FRENCH TOBACCO 8  AU WOOD STOCK GUITARES LIVE TITI ROCK ALSACE DEJANTE

FRENCH TOBACCO 8 AU WOOD STOCK GUITARES LIVE TITI ROCK ALSACE DEJANTE

  • Order:
  • Duration: 5:33
  • Updated: 08 May 2017
  • views: 17
videos
FRENCH TOBACCO AU WOOD STOCK GUITARES LIVE LE 06 MAI 2017 BISOUS A TOUTES ET TOUS TITI ROCK ALSACE DEJANTE
https://wn.com/French_Tobacco_8_Au_Wood_Stock_Guitares_Live_Titi_Rock_Alsace_Dejante
E-cig's risk to big tobacco stocks and bonds?

E-cig's risk to big tobacco stocks and bonds?

  • Order:
  • Duration: 2:46
  • Updated: 24 Jun 2014
  • views: 294
videos
Market expert Lee Munson of Portfolio Wealth Advisors is asked to discuss why we care about E-cig's. basically, if you look at the way a lot of these bonds were structured, they anticipated an average decline in cigarette usage of about 3% a year. suddenly, with e-cigarettes, we've gone above that. so, it's more of a decline even in government borrowing form. but you're saying, do not help big tobacco out. you've actually made a lot of money in not counting big tobacco out, right? yeah, if you look at the last, what was the best performing stock from last half of last century? that was philip morris. and the reason why is it's always a value stock, always being beaten up. what we're concerned about today is big tobacco eastman kodiak themselves. meaning, eastman kodak was in denial of new technology. i wouldn't count the bonds out, and also from the stock position, this is the time where you make your money, where there's a lot of uncertainty, there's value out there, and you buy it before we have confirmation that big tobacco figured out how to get their hands on e-cig profits. so steven, the expectation is, obviously, e-cig taxes are coming as well. pretty much everybody we've talked to says it's a matter of time. do you believe those tobacco bond revenues ultimately are safe? because people probably hate big tobacco, but guess what? it also pays for a lot of government services, believe it or not, on the back end. well, yes. well, the thing is, i don't know about safe. you know, just a couple of years ago, in 2007, when a bunch of states put out new bonds, they used projections from global insights. that projection was that cigarette sales would only decline 1.8% a year. the problem is these bonds are very long-term, and it is a risk trying to predict. if you can get in and out of these things, if there's a market to get in at a low price and get out at a low price, you might be saying, but this is a very uncertain market right now. it's one thing to buy another stock, it's another thing to invest for, let's say a decade or more in their bonds. so, lee, considering to his point the states need the money, is there any chance e-cigarettes will be taxed like tobacco is? please. they're taxing marijuana in colorado. those states need these revenues and need these bonds to work out, period. they're going to figure out how to tax those e-cigs, and that's where you're going to get the industry consolidation. do you think philip morris understands how to work with bureaucracy and lobbyists? yes, they do. so, if you're doing e-cigs and all of a sudden there's a tax and it's regulated, you're going to sell out to big tobacco. the reason you want to be in now is because there is uncertainty and that's where you find value and value is where you find higher expected returns.
https://wn.com/E_Cig's_Risk_To_Big_Tobacco_Stocks_And_Bonds