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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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| Before a standing army can rule, the people must be disarmed; as they are in almost every kingdom of Europe. The supreme power in America cannot enforce unjust laws by the sword; because the whole body of the people are armed, and constitute a force superior to any bands of regular troops that can be, on any pretense, raised in the United States. — Noah Webster in "An Examination into the Leading Principles of the Federal Constitution," 1787, in Paul Ford, ed., Pamphlets on the Constitution of the United States, at p. 56 (New York, 1888). |
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