Five Investments to Commemorate the Beginning of the End for Tricky Dick Nixon

On this date in 1972, a barely noticed event unfolded at the Watergate Complex in Washington, D.C. Frank Wills, a security guard at the complex, noticed that a few doors had their latches taped open, leaving the doors essentially unlocked and accessible to burglars. He removed the tape. An hour later, Wills made another round and noticed that someone had retaped the locks. He called the police, and they arrested five men who were inside the Democratic National Committee's office. The five men all had ties to the Nixon White House, and after an investigation, they were all charged with attempted burglary and attempted interception of telephone and other communications. The charges were later expanded to include Howard Hunt and G. Gordon Liddy, along with conspiracy, burglary, and wiretapping charges. The trial eventually pointed at a much higher conspiracy within the Republican Party, specifically the committee to re-elect the president, along with high-ranking Nixon officials. The scandal, and Nixon's unwillingness to confront the truth early on, led to Nixon's resignation from office. And it all began with a simple piece of tape found 39 years ago today. To honor the ignoble event, here are five investments to consider through the “I am not a crook” lens of Watergate.

Give me a ‘C' Citigroup C If you're going to funnel money from your re-election campaign down to third-rate burglars, you'll need a bank to move the money around.

Give me an R Ryder System R Ryder is the king (or queen, to be gender-fair) of transportation and supply chain management. Imagine how much better things would have gone for Nixon if he had used professionals to move info from the DNC into his re-election campaign offices?

Give me an O Realty Income O This real estate company is known for delivering dividends consistently to its shareholders. If only Nixon could have had such diligence and excellence in his burglar staff!

Give me another O How about “O” as in “Oh my, I love Dollars!”? In that case, Check out a dollar ETF like UUP. Just roll with it...

Give me a K Kellogg K When it's all said and done, you'll need a few meals a day. What better way to do that than with Frosted Flakes? Unlike G. Gordon Liddy, they're grrrrrrreat.

What does that spell? (Nixon?)
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Posted In: NewsPoliticsForexLegalMediaPersonal FinanceTrading IdeasGeneralassorted other criminalsG. Gordon LiddyRichard Nixon
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