Guidant Financial Group Blog

Not since prohibition has alcohol been such a “hot” commodity.

Hehe. Okay, bad joke. And probably not true.

But, according to AOL Money and Finance, Alcohol and Tobacco are two of the few sure bets during this down economy (see In a Recession, Bet on Alcohol, Tobacco). “Sin Stocks,” as they’re called, traditionally fare well during a recession. And, as AOL Money opined, “As a global recession looms, what better way to cope than to eat, drink and be merry?”

Guidant clients are not unfamiliar with the allure of alcohol as an investment. In fact, several of our 401(k) small business financing clients have purchased bars or wineries. Even the owners of the first distillery in Washington State since Prohibition (www.dryflydistilling.com) launched their business with our help.

These clients know that, while a traditional IRA can enable you to purchase sin stocks, only Guidant’s self-directed services can enable you to jump all the way in and enjoy the fruits (with subtle notes of oak and berries?) of your labors.