I think the portfolio is good too! Why are tobacco stocks like yours still a good investment despite the steady decline in smoking?
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•@stocker_719 Hello
I take a generally positive view of the tobacco industry, because in which industry do you have the advantage of consumers throwing money at you because of an addiction? Because Phillip Morris and BATS are also focusing on alternative tobacco products (vapes, snus tobacco heaters), I think sales are pretty well secured for the foreseeable future. The only thing that worries me is that perhaps politics will intervene. But otherwise I'm more than happy with the investment, but I've completely let the btc hype pass me by, which I will soon change
I take a generally positive view of the tobacco industry, because in which industry do you have the advantage of consumers throwing money at you because of an addiction? Because Phillip Morris and BATS are also focusing on alternative tobacco products (vapes, snus tobacco heaters), I think sales are pretty well secured for the foreseeable future. The only thing that worries me is that perhaps politics will intervene. But otherwise I'm more than happy with the investment, but I've completely let the btc hype pass me by, which I will soon change
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@capitalist_490 Yes, the pressure to buy is high, which is rare. Except perhaps in the gambling industry. And in my opinion, addiction also plays a certain role in the gaming industry. I also took a look at $BATS and bought it. Despite the large write-down and thus the de facto admission by the company that its US tobacco brands will lose value in the long term. Well, as the saying goes, the dead live longer. I can't see any hype on the subject of BTC. For some time now, it has been another asset class - with the character of gold, I would say. But I don't mean that it is the same. But it certainly has parallels.
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