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The
Below Comments Relate to this Newslink:
Many Americans have Invested in Gun Manufacturers Through Retirement Portfolios
Submitted by:
David Williamson
Website: http://libertyparkpress.com
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Despite continual debate about gun control many Americans are likely unaware of their investments in gun manufacturers. Through mutual funds, index funds and exchange-traded funds, many Americans have unknowingly invested in gun companies. After Vista Outdoor announced the sale of Savage Arms last month, American Outdoor Brands (AOB) and Sturm Ruger are the only remaining publicly traded gun manufacturing companies in the United States. AOB has a market capitalization of $465 million, while Sturm has a cap worth $765 million, making them both small-cap stocks, according to financial services firm Morningstar. |
| Comment by:
PHORTO
(8/20/2019)
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Investing in an industry that has intrinsic constitutional protection isn't a bad idea.
'Just sayin'. |
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| Those, who have the command of the arms in a country are masters of the state, and have it in their power to make what revolutions they please. [Thus,] there is no end to observations on the difference between the measures likely to be pursued by a minister backed by a standing army, and those of a court awed by the fear of an armed people. — Aristotle, as quoted by John Trenchard and Water Moyle, An Argument Shewing, That a Standing Army Is Inconsistent with a Free Government, and Absolutely Destructive to the Constitution of the English Monarchy [London, 1697]. |
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