Vista Outdoor and the Primer Market

[22DASHER]

And now we are an investment forum. Cool

 

[jelenko]

Of course, there is always the other side of the coin. I purchased my home 6.5 years ago and have likely exceeded the section 121 joint limit ( after commission) if I were to sell it today. The same is true of the home I previously sold. Thankfully I also live in a lower real estate tax area. I count myself lucky.

In the end, your home should be a place of contentment and pride not an investment.

Timing is everything.

First three houses we made good increases. Fourth put us in bankruptcy - had to sell due to change in jobs and location.

 

[JimT]

And now we are an investment forum. Cool

Pay attention you might learn something.

 

[ronsatspokane]

Of course, there is always the other side of the coin. I purchased my home 6.5 years ago and have likely exceeded the section 121 joint limit ( after commission) if I were to sell it today. The same is true of the home I previously sold. Thankfully I also live in a lower real estate tax area. I count myself lucky.

In the end, your home should be a place of contentment and pride not an investment.

I've nearly doubled my money on houses before. Very different than raw land or property without a home. I've never lost on a home.

P.S. I've never considered a home an investment. It's a roof over my head. I'll never be able to sell the one I have now. Too much stuff to move.

 

[Dusty Stevens]

And now we are an investment forum. Cool

The more you make the more you can spend on guns. It all fits together.

 

[22DASHER]

I agree! However I pay someone for that advise, and his name is not accurateshooter. This is for guns. Oh and BTW I still get to buy all the gun items I want. Lol

 

[Nature Boy]

And now we are an investment forum. Cool

Accurate Investor Dot Com

 

[Dave Berg]

Yes, I’m glad you mentioned the money market. I’ll brag on Trump, we had a small money market account and it increased 1 1/2 times in value during his time in office.

I'm fairly sure you don't mean "money market account" if it increased 150% over four years. Money market accounts from a local bank are paying around 0.05%/year so after considering inflation you're losing close to 2%/year. Online MMA's might get you 0.5%.

 

[Link]

My bank called and said I qualified for a savings account paying .0018 % I laughed and hung up.

 

[Brians356]

My bank called and said I qualified for a savings account paying .0018 % I laughed and hung up.

Just open a brokerage account at your bank, and from that you can put the cash into a "cash equivalent" like Vanguard GNMA Fund which returned 3.7% in 2020. That's in government bonds. If you don't trust those, bury your cash in a coffee can.

PS there are better bank savings rates. For example Ally Bank offers 0.50% APY and that's FDIC insured.
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[Dusty Stevens]

Just open a brokerage account at your bank, and from that you can put the cash into a "cash equivalent" like Vanguard GNMA Fund which returned 3.7% in 2020. That's in government bonds. If you don't trust those, bury your cash in a coffee can.

PS there are better bank savings rates. For example Ally Bank offers 0.50% APY and that's FDIC insured.
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Gone are the days of living off interest from an inheritance or a big payday

 

[Kracken McGraw]

I'm fairly sure you don't mean "money market account" if it increased 150% over four years. Money market accounts from a local bank are paying around 0.05%/year so after considering inflation you're losing close to 2%/year. Online MMA's might get you 0.5%.

I’m sorry, I meant to say a mutual fund.

 

[Mr. Zorg]

Gone are the days of living off interest from an inheritance or a big payday

But not living off "Investment Income", which is the broad category "Interest From (an interest bearing account)" falls into. Even with double digit CD rates of return in the 1980's my parents never relied solely on those for their investment income during the time between my father retired, and they both passed away. They always had diverse portfolios including stock shares in multiple companies they managed themselves. Not bad for 2 kids from the Great Depression, and especially considering my father left school at age 13 in 1931 when his father died to live with his uncle and work in his uncle's butcher shop until he was drafted into the Army Air Corps for WWII. He obtained his GED in the early 1970's after us kids were all school age.

A high degree of formal education isn't required, I can't really comment on "smart enough" as I don't know how to rank him on that scale by some IQ test score. It was always clear to me my father was smart enough to have made lots of good decisions regardless of his degree of formal education, including personal & family money management.

Mutual funds added an additional set of investment options and therefore complexity during my post-school lifetime. I don't rely solely on my efforts for my personal and family money management.

 

[Brians356]

So true and keep in mind they don't make land anymore.

In Hawai'i they do.
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[LHSmith]

I Hawai'i they do.
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And China's new island off of Taiwan.

 

[Brians356]

And China's new island off of Taiwan.

Japan as well, the Kansai airport in Osaka bay.

About half of The Netherlands is land reclaimed between 1533 and 1968 from the North Sea. "God created the world, but the Dutch created the Netherlands".
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[Brians356]

Japan as well, the Kansai airport in Osaka bay.

About half of The Netherlands is land reclaimed between 1533 and 1968 from the North Sea. "God created the world, but the Dutch created the Netherlands".
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I almost forgot, Chek Lap Kok airport in Hong Kong, built on a man-made island. (It replaced the infamous old Kai Tak airport inside HK proper, which I flew into several times.)


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[JimT]

VSTO up almost 9% today on very heavy volume.

 

[farmerjohn]

VSTO up almost 9% today on very heavy volume.

Jim, does that volume mean they are making money and are going to pay big dividends or somebody "thinks" they will pay big dividends or do people think that the price of the stock is just too low? One of the many things I have never figured out about the market is how the stock goes up when they aren't paying any dividends. Thanks John

 

[JimT]

Jim, does that volume mean they are making money and are going to pay big dividends or somebody "thinks" they will pay big dividends or do people think that the price of the stock is just too low? One of the many things I have never figured out about the market is how the stock goes up when they aren't paying any dividends. Thanks John

Too complex a question to answer here. Suffice it to say fundamentally a stocks value is based on future earnings discounted at some interest rate. In addition, there are other metrics such as those discussed at the link below:

Is Vista Outdoor (VSTO) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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