Bad for your health, great for your portfolio

Here’s a reason to butt out: The money the average smoker spends on cigarettes over 10 years can grow to $74,000 by investing in tobacco companies instead.

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by MoneySense staff
December 12th, 2012

From the December/January 2013 issue of the magazine.

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Need an incentive to quit smoking, cut back on drinking, or eliminate any other nasty habits in the new year? Consider this: the money you’d save over a 10-year period is massive—see the amounts on the chart in red. Even more compelling are the returns you’d get if you took your savings and invested in companies that cater to the same vices (shown in black). For example, instead of spending $22,291 on cigarettes over a decade, your investments in tobacco stocks would have grown to almost $74,000

One comment on “Bad for your health, great for your portfolio

  1. Love bringing in the monetary justification for making a health conscious decision.

    Reply

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