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There are the 7 Deadly Sins in the Bible and the 7 Deadly Sins in investing. In the Bible, the 7 Deadly Sins are lust, gluttony, greed, sloth, wrath, envy and pride. In investing, they are fear, apathy, emotion, panic, immobility, depression, indecision and gambling.
And while you can still make money from some of the 7 Deadly Sins in the Bible — I’ll show you how in a moment — you will be doomed to eternal losses if you fall victim to the 7 Deadly Sins of Investing.
Just for fun, I thought I’d find a stock that loosely symbolizes each of the 7 deadly biblical sins to see how it fares against my momentum criteria. Now, I’m not saying any of these companies are bad or evil. And I don’t know whether our new climate of parsimony means the “greed is good” era of the 1980s is dead or not. What I do know is what stocks are in a position to profit today and which aren’t.
Here’s a fun look at some stocks that symbolize the 7 Deadly Sins and how I expect them to perform.
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