how do I make sure my money is not invested in gun stocks?

Anonymous
Just saw an article on how investors are pulling away from gun manufacturers, expecting "gun control" debate. This gave me the sickening idea that my 401K, which doesn't offer me much control, has some bundled stuff that I really don't know what I'm buying. I'm sure it's not just guns, there are probably lots of things I'd rather not be investing in. Is there a good way to find out what you're investing in, and change it if it offends you, when you have little control over the investments due to the type of investor my company has our plan with?
Anonymous
Have you looked into faith based mutual funds?

They are structured to invest in companies that follow certain religious principals. Perhaps you can find one that invests in a more pacifist selection of companies.
Anonymous
Most are privately held, presumably for this very reason. Translation, your money is really no good to them.

S&W is public though.
Anonymous
Anonymous wrote:Most are privately held, presumably for this very reason. Translation, your money is really no good to them.

S&W is public though.


You're completely incorrect.

http://buzz.money.cnn.com/2012/11/07/guns-obama-smith-wesson-sturm-ruger/

Anonymous
Anonymous wrote:
Anonymous wrote:Most are privately held, presumably for this very reason. Translation, your money is really no good to them.

S&W is public though.


You're completely incorrect.

http://buzz.money.cnn.com/2012/11/07/guns-obama-smith-wesson-sturm-ruger/



Completely?? You do understand that the use of the word stock in that title referred to INVENTORY, aka stock room.

And I did acknowledge that S&W was public. Do you know what public means? It doesn't refer to the taxpayer in this instance.

And Cabela's is a store, not a manufacturer.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Most are privately held, presumably for this very reason. Translation, your money is really no good to them.

S&W is public though.


You're completely incorrect.

http://buzz.money.cnn.com/2012/11/07/guns-obama-smith-wesson-sturm-ruger/



Completely?? You do understand that the use of the word stock in that title referred to INVENTORY, aka stock room.

And I did acknowledge that S&W was public. Do you know what public means? It doesn't refer to the taxpayer in this instance.

And Cabela's is a store, not a manufacturer.


Oh my goodness. For the benefit of anyone else reading...There are two major gun manufacturers, Smith and Wesson is one, strum ruger is the other, and they are both publicly traded. So PP's reassurance that they are privately held and do not need my money, when both major players are publicly traded, was incorrect - my guess is she was one of those "take a guess" posters who guess with an aura of authority. So unnecessary to give advice on something you don't know.

And your mocking of me asking if I know what things mean is crazy-seeming. Did you click on the wrong article that you thinkI'm talking about taxpayers and inventory? I don't even konw how to follow your logic. But, for the others, here is a quote:

"But there is a rally in one small sector Wednesday that may seem counterintuitive at first: guns and ammo. Firearms manufacturers Smith & Wesson (SWHC) and Sturm, Ruger (RGR) both popped Wednesday. Shares of hunting goods retailers Cabela's (CAB) and Big 5 Sporting Goods (BGFV) were also higher."

While I don't want to fund gun stores, either, or other stores that sell guns, I just wanted to clear up that gun manufacturers are definitely publicly traded. PP, you were factually incorrect, just let it go!
Anonymous
Anonymous wrote:http://seekingalpha.com/article/28353-take-a-shot-at-these-gun-stocks



quote from this article:

"There are only two major gun and firearms manufacturers in the United States, one of which is Sturm, Ruger & Co. Inc. (RGR), which trades on the New York Stock Exchange.
This Connecticut based company has been manufacturing rifles, shotguns, pistols, and revolvers since 1948. The other......is the NASDAQ traded Smith & Wesson Holding Corp. (SWHC)..."
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Most are privately held, presumably for this very reason. Translation, your money is really no good to them.

S&W is public though.


You're completely incorrect.

http://buzz.money.cnn.com/2012/11/07/guns-obama-smith-wesson-sturm-ruger/



Completely?? You do understand that the use of the word stock in that title referred to INVENTORY, aka stock room.

And I did acknowledge that S&W was public. Do you know what public means? It doesn't refer to the taxpayer in this instance.

And Cabela's is a store, not a manufacturer.


Oh my goodness. For the benefit of anyone else reading...There are two major gun manufacturers, Smith and Wesson is one, strum ruger is the other, and they are both publicly traded. So PP's reassurance that they are privately held and do not need my money, when both major players are publicly traded, was incorrect - my guess is she was one of those "take a guess" posters who guess with an aura of authority. So unnecessary to give advice on something you don't know.

And your mocking of me asking if I know what things mean is crazy-seeming. Did you click on the wrong article that you thinkI'm talking about taxpayers and inventory? I don't even konw how to follow your logic. But, for the others, here is a quote:

"But there is a rally in one small sector Wednesday that may seem counterintuitive at first: guns and ammo. Firearms manufacturers Smith & Wesson (SWHC) and Sturm, Ruger (RGR) both popped Wednesday. Shares of hunting goods retailers Cabela's (CAB) and Big 5 Sporting Goods (BGFV) were also higher."

While I don't want to fund gun stores, either, or other stores that sell guns, I just wanted to clear up that gun manufacturers are definitely publicly traded. PP, you were factually incorrect, just let it go!


You've have got to be one of the most miserable people to live with. In two instances I acknowledge that S&W is public.

Let's make it three times, S&W is a public company. Do I need to bold each time? Do I need to spell it out for you?

Question.

What about Remington? Glock? Bereta? Winchester? Or Bushmaster?

Dare I mentioned the meaningless of a stocks movement in one day?
Anonymous
Anonymous wrote:Just saw an article on how investors are pulling away from gun manufacturers, expecting "gun control" debate. This gave me the sickening idea that my 401K, which doesn't offer me much control, has some bundled stuff that I really don't know what I'm buying. I'm sure it's not just guns, there are probably lots of things I'd rather not be investing in. Is there a good way to find out what you're investing in, and change it if it offends you, when you have little control over the investments due to the type of investor my company has our plan with?

I'd be interested in seeing a link to the article about investors pulling away from gun manufacturers. From a purely financial perspective, if you could invest in gun manufacturers, now might be the time to do so. Nothing gets people out and buying something than the threat of taking that something away.

Regarding your 401K, can't you find out the specific mutual funds that your money is going into and research the holdings of those funds?
Anonymous
Anonymous wrote:

Completely?? You do understand that the use of the word stock in that title referred to INVENTORY, aka stock room.

And I did acknowledge that S&W was public. Do you know what public means? It doesn't refer to the taxpayer in this instance.

And Cabela's is a store, not a manufacturer.


What are you saying about the use of the word 'stock' in the title? Are you actually trying to make out that the OP did not mean the shares of a company??
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Most are privately held, presumably for this very reason. Translation, your money is really no good to them.

S&W is public though.


You're completely incorrect.

http://buzz.money.cnn.com/2012/11/07/guns-obama-smith-wesson-sturm-ruger/



Completely?? You do understand that the use of the word stock in that title referred to INVENTORY, aka stock room.

And I did acknowledge that S&W was public. Do you know what public means? It doesn't refer to the taxpayer in this instance.

And Cabela's is a store, not a manufacturer.


Oh my goodness. For the benefit of anyone else reading...There are two major gun manufacturers, Smith and Wesson is one, strum ruger is the other, and they are both publicly traded. So PP's reassurance that they are privately held and do not need my money, when both major players are publicly traded, was incorrect - my guess is she was one of those "take a guess" posters who guess with an aura of authority. So unnecessary to give advice on something you don't know.

And your mocking of me asking if I know what things mean is crazy-seeming. Did you click on the wrong article that you thinkI'm talking about taxpayers and inventory? I don't even konw how to follow your logic. But, for the others, here is a quote:

"But there is a rally in one small sector Wednesday that may seem counterintuitive at first: guns and ammo. Firearms manufacturers Smith & Wesson (SWHC) and Sturm, Ruger (RGR) both popped Wednesday. Shares of hunting goods retailers Cabela's (CAB) and Big 5 Sporting Goods (BGFV) were also higher."

While I don't want to fund gun stores, either, or other stores that sell guns, I just wanted to clear up that gun manufacturers are definitely publicly traded. PP, you were factually incorrect, just let it go!


You've have got to be one of the most miserable people to live with. In two instances I acknowledge that S&W is public.

Let's make it three times, S&W is a public company. Do I need to bold each time? Do I need to spell it out for you?

Question.

What about Remington? Glock? Bereta? Winchester? Or Bushmaster?

Dare I mentioned the meaningless of a stocks movement in one day?


OP here. I'm not sure why you want to be so quarrelsome. Those private companies, plus colt - are all part of a mysterious privately held supercompany - the freedom group - that has between 1/5 - 1/3 of the market share. Big, yes, but you were still quite incorrect to say that "most" gun manufacturers are privately held and didn't need my money. That's nonsense, when the biggest two players in the field are publicly traded companies. I don't really care about your bizarre insistence that you "acknowledge" that S & W is public. You also made a strange comment about stock meaning inventory, a bizarre question about taxpayers, etc. You seem nuts! Last time I'm engaging with you, but I just recommend you don't try to give advice on things you don't know a lot about.

post reply Forum Index » Money and Finances
Message Quick Reply
Go to: