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investing

468 Views 4 Replies 4 Participants Last post by  ACG
How many of you actually invest in stocks of you brand of snowmobiles? i dont invest, mainly because i am only 16, and saving for college and stuff....hehe...i can still spend $5000 on a snowmobile, but cant invest...when i finally have money to invest, i think i will invest in all of the big 4. probably more in AC or whatever brand i have at the time. i was just wonderin bout this as we are talkin bout stocks in my general business class...

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we're following stocks in my accounting II class right now. i picked polaris and arctic cat to follow, and my recomendation is to not invest in your 'favorite' companies. being brand loyal is one thing, but investing in your favorite company might not be the best deal. polaris sits at around 57 dollars a share, and ac is around 17, give or take a buck. from when we started following, polaris has gone up about 1.25, and ac has went down about .75. these markets definately fluctuate according to weather, whether winter or summer. i don't think i'd invest in em.

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hmmm. with the way the weather is this year, id say save your money. i personnaly havent invested...yet, but do intend to at some point.
To answer your question of whether it is a good idea to invest, you have to ask yourself a few questions. 1) How much do I want to invest? 2) How much risk am I willing to assume? 3) How long do I plan to keep my money invested? The next thing to do is take a look at the stock's history. Is it at its highest point? If so, hold off until it goes down a little so you can purchase it at a lower price.
As for the long term stability of any of the snowmobile companies, I don't see as you could really go wrong. They all are very diversified (build other things besides sleds) and are quite stable. I think all 4 have stock available (doubt that any are private given the size of each). What I would consider is how well the company does in other areas as snowmobiles are not the only segment for any. Bombardier (Ski-Doo) does an excellent business with its planes and trains in Europe, and its watercraft in U.S. Yamaha is highly successful with its motorcycles and outboards, as well as other areas. Arctic Cat is perhaps the least diverse and the most dependent on other companies (such as Suzuki), but again it is solid and has partnerships with good companies. It would be neat to own stock in a snowmobile company because they would keep you up-to-date on lots of "inside" plans. Great idea-maybe I'll buy some!

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ya, arctic cat might not be the biggest money maker cuz they pretty much just go for the sleds, polaris and yamaha got 4wheelers and jetskis. Bombadier would be a good bet, they got pert near everything eh?

Cats have 9 lives, you have one...Make it count!

Member #3 of the Arctic Cat Mind Control Team...You WILL believe!

When Hell freezes over, We'll ride there too!
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