VIOLENCE sector is bright spot of economy, Building Wealth, Investing, Retirement, Stock Trading, Freedom, Liberty, Life, History

Episode 134:  As expected, during this correction some of the key defensive “sin” stocks are holding up fairly well- for example alcohol & tobacco stocks Altria and Constellation Brands.  However, neither of these stocks are trading at favorable multiples.  Altria is having difficulty at its 50dma.  If this correction gets worse, these stocks will also roll over. A gloomy, but bright spot in the economy is the violence sector- stocks like Smith & Wesson and to a lesser degree Taser.  S&W is not up because hunting is in vogue, but rather fear of violent crime and an out-of-control police state.  Our economy may not be headed into a recession but it might be dragged down by insuppressible crime and riots. ----------------------------------------------------------------------------------------------------- 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/ Full archives are available at:  https://www.wealthsteading.com ----------------------------------------------------------------------------------------------------- Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah. ---------------------------------------------------------------------------------------------------------