Just spent nearly the last of my investment speculation money on an ETF (ITA). ITA is a collection of defense related stocks. If you do some research, you'll see that I am paying a premium, which is something I don't usually like to do. But if the China-Japan dispute turns hot, we'll be dragged into it as an ally of Japan. Don't worry, it's only six shares.I am reminded of the Leon Trotsky quote: "You might not be interested in war, but war is intereted in you. Too many insiders make money fighting wars for them to go out of style. Since we are winding down in Afghanistan, the system will need a new way to make money off of the misery of others.From what I am reading from my intel oriented stuff, China is slowly moving assets towards the coast nearest Japan. Could be a coincidence, or a build-up so slow as to not arouse opposition before they are ready to attack.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra