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News & ArtsFriday, May 1, 2009
Snoutbreak How to Buy Stock in Soap
Posted by Bethany Jean Clement on Fri, May 1, 2009 at 4:54 PM
From a financial adviser:
There is not a pure fund of soapmakers, but you can definitely buy stocks that would benefit from soap and alcohol gels, and face mask, sales. I would think Netflix would get a pop in sales if there was a widespread shutdown, and probably internet porn, and airlines would be slaughtered.Soap: Proctor & Gamble makes Ivory soap, ticker PG.
Long high-quality facemasks: Medtecs (Singapore)
Short the airline etf: FAA
Long the home adult entertainment: PRVT
"etf": I don't even know what that means. But "a pure fund of soapmakers": It is poetry!
1
I remember my mom saying that if she ever had money to buy stocks, she'd buy BIC or Johnson & Johnson, the sort of everyday stuff that we take for granted. People will always need razors or pens or soap.
ETF = exchange-traded fund.
ETF = exchange-traded fund.
3
Proctor and Gamble does horrible animal testing. Not even the necessary make-sure-this-shit's safe kind of testing - they continue to do animal testing on products that other companies have found humane testing methods for.
6
JNJ also makes soaps.
They're a good play during a down recession like we're in, actually, although their total market is different from what most people think - check out their annual report sometime.
P&G is also a good trade for this kind of period.
If you want an ethical fund, they have ETFs for those - depends on which social screen you want, people always have different opinions on what is or isn't ethical. My fave used to be the Ethical Growth Fund but that was a long time ago and it's probably split into different funds by now. Always pay attention to costs for ETF and index funds - if it's more than say 0.40 percent, you're paying too much if it isn't an international or overseas fund.
They're a good play during a down recession like we're in, actually, although their total market is different from what most people think - check out their annual report sometime.
P&G is also a good trade for this kind of period.
If you want an ethical fund, they have ETFs for those - depends on which social screen you want, people always have different opinions on what is or isn't ethical. My fave used to be the Ethical Growth Fund but that was a long time ago and it's probably split into different funds by now. Always pay attention to costs for ETF and index funds - if it's more than say 0.40 percent, you're paying too much if it isn't an international or overseas fund.
7
Geletin is made from horses!
Stop the animal slaughter - don't buy Jello!
Eat only fruits that fell from the tree that the snakes tell you to eat! And lettuce that committed suicide!
Stop the animal slaughter - don't buy Jello!
Eat only fruits that fell from the tree that the snakes tell you to eat! And lettuce that committed suicide!
8
http://en.wikipedia.org/wiki/Exchange_tr…
ETFs are like having a mutual fund without paying for some fund manager's 100 million a year bonus.
ETFs are like having a mutual fund without paying for some fund manager's 100 million a year bonus.
9
#1:
Warren Buffet has been running that same empire of flapjack houses and ice cream parlors and he's going down skid row.
The rosaic sounds good...but wouldn't put my money in it.
Warren Buffet has been running that same empire of flapjack houses and ice cream parlors and he's going down skid row.
The rosaic sounds good...but wouldn't put my money in it.
10
ETFs are akin to mutual funds in that they're pools of securities. Rather than owning one stock, you indirectly own many. However, they are passively managed, meaning that rather than having a fund manager constantly shifting assets around, they pick an index, sector, region, or even a commodity and hold that. Only a change in the chosen field results in a change in the makeup of the ETF, for instance, when AIG was replaced by Kraft in the Dow Jones Industrial 30. This results in lower costs, not only for not having to pay people who are allegedly geniuses managing the assets, since a monkey can manage an ETF, there are fewer costs related to trading, analysis, and taxation on capital gains.
Additionally, rather than being traded only once per day at the close of the day based on that day's value of the assets, they trade throughout the day. Here is where they are not a savings as they must employ arbitragers to ensure that the price of the ETF and the price of the underlying securities trading independently of the ETF remain at parity.
Additionally, rather than being traded only once per day at the close of the day based on that day's value of the assets, they trade throughout the day. Here is where they are not a savings as they must employ arbitragers to ensure that the price of the ETF and the price of the underlying securities trading independently of the ETF remain at parity.
11
@9: Holding industries that make daily essentials isn't Buffett's strategy. Because Berkshire Hathaway happens to own some of those things doesn't mean he's following Rose's mom's plan, it just means there's some overlap. Your argument is like saying that Bill Gates, because he owns a big house and a lot of property, is a real estate tycoon.
If Rose's mom had said "razors and pens and soap and enormous insurance companies," you might have a point.
If Rose's mom had said "razors and pens and soap and enormous insurance companies," you might have a point.
13
As former CEO and major private stockholder of the Rx company with the monopoly on Tamiflu vaccine, Donald Rumsfeld stands to reap tens of millions in profit from the whole Swine Flu scare. This is not conspiracy theory, just a fact.
16
@13, that's hysterically funny. Christ, if he doesn't make his nut this time around, there's always another panic next flu season. I guess if you're rich enough, it's adequate compensation for not being able to travel out of the country for fear of being arrested.
17
@13 Thanks for reminding us! I wonder if Rumsfeld gets a woody looking at the CDC and WHO websites. The only thing that would make this better is if it was Cheney instead of Rumsfeld.
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