Vice is Nice (and Apparently, Pretty Profitable, Too)

The December 2013 edition of Money magazine reported that a mutual fund called the Vice Fund, which invests entirely in, well, vice – alcohol, gambling, tobacco, and military hardware companies – has outperformed the Standard & Poor’s 500 by ten percentage points over the past five years.

So while alcohol, gambling, tobacco, and war may not be very good for the soul, they’re apparently very good for the purse.

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