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OB investment strategy
Posted on 9/30/13 at 3:14 pm
Posted on 9/30/13 at 3:14 pm
way different topic for this board:
"investment guy" in the same office bldg as me is also a devoted shooter: pistols, rifles, not much on shotguns. since obama has been in office he has had several of his clients into ruger, colt, s&w, etc and they have been seeing some nice returns until 12/2012 incident. any of y'all ever try this strategy with outdoor related products? it follows the age old advice of investing in what you understand.
i prob should take this to the money board, but i'm more interested in the OB's opinion.
"investment guy" in the same office bldg as me is also a devoted shooter: pistols, rifles, not much on shotguns. since obama has been in office he has had several of his clients into ruger, colt, s&w, etc and they have been seeing some nice returns until 12/2012 incident. any of y'all ever try this strategy with outdoor related products? it follows the age old advice of investing in what you understand.
i prob should take this to the money board, but i'm more interested in the OB's opinion.
This post was edited on 9/30/13 at 3:16 pm
4
Posted on 9/30/13 at 3:16 pm to mack the knife
I'm a financial planner. It's bad to invest on emotion.
Posted on 9/30/13 at 3:24 pm to mack the knife
I noticed you mentioned land for lease here and then I saw a piece of property for sale that matched your description. Is it in a location where you could set up 3/d archery, sporting clays/ skeet, dig a large pond for paid fishing, etc?
Posted on 9/30/13 at 3:39 pm to mack the knife
Colt is a private company so no investments there.
Ruger is actually up ~ $10pts since 12/12. Add in dividends and you are looking pretty good.
SWHC is about the same and they don't pay dividends.
As to the guy saying don't invest in individual companies, I couldn't disagree more. Do your homework and pay attention and you will be fine.
Ruger is actually up ~ $10pts since 12/12. Add in dividends and you are looking pretty good.
SWHC is about the same and they don't pay dividends.
As to the guy saying don't invest in individual companies, I couldn't disagree more. Do your homework and pay attention and you will be fine.
Posted on 9/30/13 at 3:49 pm to mack the knife
Reminds me of Warren Buffett's comment about investing in gold. He referred to it as "Going long on fear."
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