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mack the knife
LSU Fan
EBR
Member since Oct 2012
2680 posts

OB investment strategy

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.
This post was edited on 9/30 at 3:16 pm



Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
59129 posts

re: OB investment strategy
I'm a financial planner. It's bad to invest on emotion.


AngryBeavers
LSU Fan
Member since Jun 2012
4554 posts

re: OB investment strategy
quote:

I'm a financial planner. It's bad to invest on emotion


This. Or just individual stocks in general. Stick to index funds.
This post was edited on 9/30 at 3:20 pm


Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
59129 posts

re: OB investment strategy
quote:

AngryBeavers


Are you a financial planner?


wickowick
LSU Fan
Head of Island
Member since Dec 2006
27788 posts

re: OB investment strategy
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?



mack the knife
LSU Fan
EBR
Member since Oct 2012
2680 posts

re: OB investment strategy
quote:

wickowick


yep


mack the knife
LSU Fan
EBR
Member since Oct 2012
2680 posts

re: OB investment strategy
quote:

It's bad to invest on emotion


i'm not talking about emotion, just a well founded understanding of good vs bad products being produced.


Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
59129 posts

re: OB investment strategy
Then I don't understand the question. You lump in purchasing of firearm manufacturing stocks with a tragic event. How is that not investing on emotion?


bbvdd
Alabama Fan
Memphis, TN
Member since Jun 2009
10353 posts

re: OB investment strategy
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.



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wickowick
LSU Fan
Head of Island
Member since Dec 2006
27788 posts

re: OB investment strategy
I always thought a sporting clay/ skeet range on this side of town would do well. The lead issues and neighbors complaining from the sound is always a real problem...


mack the knife
LSU Fan
EBR
Member since Oct 2012
2680 posts

re: OB investment strategy
quote:

Then I don't understand the question


no, you don't bc i worded it poorly (sorry, my bad). i'm not refering to firearm manufactures exclusively, i was just using them as an example. i shouldn't have used them as an example because of the emotion involved.
a better, however simplistic, example would have been whoever manufactures thermocells. or even better, the trolling motor manufacturer that first started producing the gps-enabled units.


wickowick
LSU Fan
Head of Island
Member since Dec 2006
27788 posts

re: OB investment strategy
Aren't many of the outdoor products privately owned? Or are they just owned as part of a larger public traded company?


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mack the knife
LSU Fan
EBR
Member since Oct 2012
2680 posts

re: OB investment strategy
quote:

wickowick


ygm


TBoy
LSU Fan
Lafayette
Member since Dec 2007
3107 posts

re: OB investment strategy
Reminds me of Warren Buffett's comment about investing in gold. He referred to it as "Going long on fear."


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wickowick
LSU Fan
Head of Island
Member since Dec 2006
27788 posts

re: OB investment strategy
Sent you something back...


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bootlegger
Southeastern LA Fan
Ponchatoula
Member since Dec 2012
1938 posts

re: OB investment strategy
quote:

Broke


quote:

I'm a financial planner


ISWYDT


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VetteGuy
LSU Fan
Mandeville
Member since Feb 2008
17796 posts

re: OB investment strategy
quote:

I'm a financial planner. It's bad to invest on emotion.


Are you really?


dawg23
Mississippi St. Fan
Baton Rouge, La
Member since Jul 2011
2256 posts

re: OB investment strategy
I misunderstood -- I thought your friend was advising client to invest in guns.

I was gonna point out that a well-rounded portfolio should include ammo as well.


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GreenTrout
LSU Fan
Toledo Bend
Member since Jul 2013
966 posts

re: OB investment strategy
Your name....now makes sense.


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Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
59129 posts

re: OB investment strategy
quote:

Are you really?


Yes


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