'Sin' stocks outpace market, proving recession-resistant
I spotted the headline above on the internet yesterday. The article discusses how alcohol, tobacco, and gambling stocks have held up well through the economic downturn. A major tobacco company stock was up more than four times as much as the stock market over the past year. There is even a mutual fund, called the Vice Fund, that combines these companies in one investment. Apparently sin turns out to be one industry that has held up well in tough times. (This is in no way a recommendation to buy into "Sin"). I suppose it shouldn't come as a surprise...after all our sin nature is not dependent on the ups and downs of the financial world. It is as constant as the sunrise and as present as the atmosphere. Somehow it left a bad taste in my mouth to consider profiting from Sin when Sin is the downfall of us all. Of course, it is a narrow view to classify certain industries as "sin" industries...that is just a convenient label. But we are reminded that the ever-present and ever-thriving tendency we have to sin calls for an ever-present and stronger God to show that there is deliverance from sin...deliverance from death...there is life that surpasses sin. Sin may have done well in the stock market over the past year, but Salvation is an investment made at great price on our behalf at will pay dividends in Heaven.
Romans 5:20(b)-21 But where sin abounded, grace abounded much more, so that as sin reigned in death, even so grace might reign through righteousness to eternal life through Jesus Christ our Lord.
blessings,
Rob Smith
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