It will take expanded production to fix the problem, but the margins on rimfire .22lr aren't NEAR as high as other centerfire ammo that is flying off the shelves equally as fast. I don't blame the manufacturers for sticking with what makes the most money when it comes to their presses. If the drought continues, someone WILL ramp up production to cash in on the void but idk how long that will take.
Rem. boosted production from 6-800 million to 1.4 billion. (that's when the rep was there last year) That seemed to be about the max they could do without a lot of new equipment. The guys buying bricks from the store and reselling them as a way to make money are flirting with serious BATF trouble.
I don't have a whole lot of experience with the stock market but at my job that I started in September of last year they gave me $2k of restricted stock in the company when I started and I just got another $2k in restricted stock yesterday as part of my bonus. I think they become vested at a 33% rate per year. They also have an employee stock purchase program that I participate in where I get it discounted by 15% and just have a small percentage of my paycheck held aside for that.
Bit coin was in the news a few weeks back, one of the top guys was arrested. Go to yahoo news and type in bitcoin and look at the first page of info.
Spread it around. A little in stocks ( not mutual funds ) and some in real state and blow the rest. Can't take it with ya. Over the years I've ran the ups and down but I've done well in both.
Single stocks are like playing poker. Play if you have it to lose, not as an investment Sent from my SAMSUNG-SGH-I317 using Tapatalk
Just because "they" offer you a 401 and stock option plan do not under estimate what it is, where it goes, and who has their hands on it. Look at this with a microscope and ask the hard questions. You may be able to redirect these funds or contributions into a more appropriate fit. For example... You work for brand x .. they match your pay allocations for stock y. Stock y has no upward momentum and stock w does. You "think" everything is fine but stock y tanks, company closes, you lose. Knowing what your options are is important. Having a 401 is not always what it seems. Investigate your options, future contributions, and the fee structure for the plans you are privy to.
It can be...but. I've done quite well on my stock holdings...they are not the only investment in my portfolio though. If you do invest in stocks, you can mitigate you risk (some) by not having more than ~4% of you portfolio in a single stock.
That's why I said if you have it to lose. Single stocks are a huge risk and one should never rely on them as a retirement plan. You can make some serious money in single stocks but you can also lose. Imo, they are no different than a poker game and some are better at playing but they are still high risks. If you have extra cash to "invest"then have at it but don't count on them making money. I have made some really good money on single stocks and understand the rewards there. Mutual funds give you a really good return without as much of the associated risk. Maybe a little slower rate of return but 7%-11% average is pretty good money and this average has held up since these funds began. Sent from my SAMSUNG-SGH-I317 using Tapatalk
Yup. Diversification is good for mitigating risk. I've made and lost a good bit in Mutual Funds as well...but I agree by their nature they distribute risk wider, since they are a collection of holdings. Even with Mutual funds it's good to be aware of the underlying strategy and investments. I've actually changed some investments when I saw many of my funds were heavy in a particular stock like Apple. I do wish there was more transparency and up to date info on MF holdings than is presently available. Looking even more broadly at what's going on the economy, industries, business and events going on in the world also helps...
I'm with tfox on this one. I also have several single stocks, but I have about 30% of my investment portfolio in mutual funds. Mutual funds are run by a money manager full time. It is an EXTREMELY competitive business. Only the best MM's get to manage a fund, and only the best of those keep their jobs. They are very motivated by the success of their funds and most have a pretty large ego. And, keep in mind that just because you are in a mutual fund does not mean that some of the money can not be held by the fund in cash. If they feel like the market is going to dip, they can move money into cash positions to lessen your risk. I like the idea of having someone that has a vested interest in the success of the fund, watching it full-time. That being said, my largest growth in net worth has come from land and business holdings. We also flipped the first couple of homes we bought and lived in and that made us enough money to get a good start. There are a million ways to make a million, but they all take some time, effort, and dedication. You should be looking over your financials at least once a quarter and taking a really good hard look at them at least once a year. I like some of what Dave Ramsey says, but I would much rather be in a mutual fund making 7 to 10 percent on my investment rather than paying ahead on a 3% mortgage that has tax deductible interest. Dont make the mistake of paying off "cheap" money when you could be dong better things with it.
Related, my Strum Ruger stock has done well. I just started looking at Olin. I miss the days of plinking hundreds of rounds. This hoarding and reselling of ammo is getting annoying.
I'm not too concerned with the individual stocks within the mf as I am with the overall performance. Right now, I'm young enough(44) to invest aggressively in mf. I could care less what it does over a couple years because I'm investing for the long haul. I made 24% this year and I'm fully aware that might drop in half or to nothing in the next year or two but I'm already ahead. Mf are a great investment for the working man. Stocks and real estate imo, are more for those with a little more capital to play with. Sent from my SAMSUNG-SGH-I317 using Tapatalk
I personally haven't followed what Ramsey teaches but wish I did. Ramsey tells people not to go in debt to invest purely because of the risk involved. Remember, he played the game that way ONCE and it bit him hard. You're in a much stronger position if you're debt free. Once your debt free, you can increase the investments and make back what little you presumably lost. Sent from my SAMSUNG-SGH-I317 using Tapatalk
I've got a few years on you and used to share your view, exactly. 1987 was my first wake up, but I didnt have a lot to lose. 1994-96 I worked for a dishonest employer who I went to the Depth of Labor-PWBA with a complaint about the fiduciary responsibility of 'the 401k plan administrator' when returns for the funds in out plan were out of line with plan numbers for the MF and class. 2001, dot com bubble burst was my first real wake up call - lost 50%, all in MF...turned out my funds were betting on the same ponies. Working around funds/fund managers in 99-05 also was eye opening. I'm even more Gung Ho on diversity of investments and investment vehicles now...
The ups and down are what make the funds work. You make your money when the market goes down because you're still investing. Now, if your investors are stealing or inept, that opens another can of worms. Had an employer in the past that was playing around with my 401 to their benefit. My father passed away when I was 3. Had a trust set up at a local bank and that money was invested in single stocks. The majority of that money was invested in mobile oil and ATT . This was in the mid 70's. Needless to say, if I hadn't been such a stupid teenager and didn't blow through that, I would be financially secure today. This is why I developed a let it ride attitude. Sent from my SAMSUNG-SGH-I317 using Tapatalk
This is why it makes sense to set up trusts and wills that limit the amount child heirs can get their hands on. My will establishes at what ages my children would get their hands on the money. A conservator (family member) would handle the money and pay for school, etc., and as the kids get older, they get a percentage after graduating college, more at age 35 and the rest at age 50. If something happens to my wife and I, we want our kids to know what it means to work for a living and not blow it all before they are old enough to appreciate what it takes to build wealth and how quickly it can all go away.
My mother tried to make it 25 but this was a court appointed trust and I was of age at 18. Sent from my SAMSUNG-SGH-I317 using Tapatalk
