Adding American Vices to Your Dividend and Growth Portfolios

The price of everything has been skyrocketing recently and there is going to come a point where consumers are going to be unable to keep up. Even if unemployment continues to improve, the American consumer is going to be stressed paying $4 for a gallon of gas. Of course, these factors and all of the chaos overseas could lead to an ever volatile market; the VIX has crossed over 20 several times in the last 2 weeks. That is why is it is a good time to load up on vices that the American consumer cannot do without and will pay outrageous prices for. There are the essentials; like oil, eggs, and medicine that people need on an everyday basis, but I’d rather look at non-essentials that are so price-inelastic that their consumption defy the laws economics and general health. The American government benefits greatly off the sale of alcohol... Read more