A thought...let me know what you think

[Nick C]

I have never been one for the "socially responsible" mutual fund. Because one person's idea of socially responsible is not that of another person's.

However, I have decided to run through my portfolio and see which mutual funds I have that have tobacco as a portion and sell them off. I am afraid however that I am going to go through every choice in my and my wifes 401K and find every fund has some exposure.

Has anyone done this? And if so, where did you shake out?

[blaze100]

Hi Nick, Well Philip Morris also owns Kraft foods which include almost everything on the grocery store shelf. Here's the list.

http://www.altria.com/about_altria/1_2_ ... oodsna.asp

Barb

[Nick C]

They own 85% of kraft which is staged to be spun off from the company in early 07, as an FYI.