PATH
Member
How many here own stock in a firearms company? Does it make sense to own this kind of stock? An example would S&W (SWB).
Stock ownership in Firearms Company
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Wiley
Member
You have to do your 'due dilligence'.
Having lived off my portfolio for the last 12 years, the ONLY way it would make sense is if they are solid, profitable companies. Paying dividends, increasing market share, ALL the things that would indicate buying ANY company. Also check if the company will sell its stock directly to you: no commissions, no broker, etc.
Another investment avenue would be corporate bonds. After a few years the interest would buy you a new gun
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As a side-thought: Buy single shares, frame and hang the certificats as decoration in your gun room.
Having lived off my portfolio for the last 12 years, the ONLY way it would make sense is if they are solid, profitable companies. Paying dividends, increasing market share, ALL the things that would indicate buying ANY company. Also check if the company will sell its stock directly to you: no commissions, no broker, etc.
Another investment avenue would be corporate bonds. After a few years the interest would buy you a new gun
.As a side-thought: Buy single shares, frame and hang the certificats as decoration in your gun room.
Good advice from Wiley.
Also, even though they are corporations, a lot of them may be "privately held" meaning the shares are not available for sale trade to the public. Those that aren't should be.
Can you imagine if the antis started buying up shares of gun companies, so they could take control and then shut them down?
Also, even though they are corporations, a lot of them may be "privately held" meaning the shares are not available for sale trade to the public. Those that aren't should be.
Can you imagine if the antis started buying up shares of gun companies, so they could take control and then shut them down?
As far as I can tell, only Ruger (RGR) and Smith and Wesson (SWB) are publically traded. See also my recent post
http://www.thehighroad.org/showthread.php?t=112066
I own some Ruger, and might get some S&W later.
Neither one seem really good as investments to me (YMMV), I bought Ruger 'cuz I actually like their products and to show some moral support.
I'm still looking to see if other companies might be held by (wholly or partially) by traded entities.
I like Wiley's idea of getting certificates, I might have to take some shares that way if I can; though I might disagree on dividends being mandatory, since I'm not necessarily looking for income - I'm more growth.
http://www.thehighroad.org/showthread.php?t=112066
I own some Ruger, and might get some S&W later.
Neither one seem really good as investments to me (YMMV), I bought Ruger 'cuz I actually like their products and to show some moral support.
I'm still looking to see if other companies might be held by (wholly or partially) by traded entities.
I like Wiley's idea of getting certificates, I might have to take some shares that way if I can; though I might disagree on dividends being mandatory, since I'm not necessarily looking for income - I'm more growth.
Sam
Member
I bought a 100 of each Ruger and SWB a couple of years ago.
Couldn't really say why but they were cheap and I haven't lost anything on either.
Sam
Couldn't really say why but they were cheap and I haven't lost anything on either.
Sam
Justin
Moderator Emeritus
Personal opinion:
You're better off investing money in a mutual fund. It brings diversification and you don't have to futz with it.
You're better off investing money in a mutual fund. It brings diversification and you don't have to futz with it.
Ruger is actually a pretty good stock for the right reasons. It certainlt isnt a "growth stock" but it is remarkably stable and it pays a pretty decent divident too which is a rare thing. An interesting excersise is to track Ruger stock and compare its price to the dow jones as a whole. When the market does bad Ruger does well. This isnt so much of a reflection on Rugers performance per se but it does reflect that investers consider it to be a decent "port int he storm" so to speak. In other words its a good place to safely park your money. but, you wont get rich.
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