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02-21-2017, 01:39 PM
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#1
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Recycles dryer sheets
Join Date: Mar 2016
Posts: 81
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Duck club investment?
We are looking for alternatives as part of our investment allocation. My husband wants to invest in a duck club. Is there ever a time that this works out as an investment choice? He wanted to invest in gold before the big run, but I was too nervous.
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02-21-2017, 01:41 PM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
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you mean like a hunting club?
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You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
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02-21-2017, 01:43 PM
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#3
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Recycles dryer sheets
Join Date: Mar 2016
Posts: 81
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yes a hunting club
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02-21-2017, 01:48 PM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
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if you are pooling with others to actually buy property, go for it if you like hunting
I wouldn't do it otherwise
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You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
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02-21-2017, 01:52 PM
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#6
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Recycles dryer sheets
Join Date: Mar 2016
Posts: 81
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It is a pooled investment club, BUT the cost is $60K. However it is on great location and has lodging and a keeper.
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02-21-2017, 01:53 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Mar 2005
Location: yonder
Posts: 2,851
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Quote:
Originally Posted by braumeister
...But if he really enjoys duck hunting, then maybe, after doing the research.
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I've done the research. It looks like the possibilities are limitless.
__________________
When the people shall have nothing more to eat, they will eat the rich--philosopher Jean-Jacques Rousseau
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02-21-2017, 01:57 PM
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#8
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Recycles dryer sheets
Join Date: Mar 2016
Posts: 81
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I better ask for a photo of the keeper. I just pictured a chubby old guy...
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02-21-2017, 01:59 PM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
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60 grand is a lot of scratch for a lease - how many guns/guests?
__________________
You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
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02-21-2017, 02:02 PM
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#10
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Recycles dryer sheets
Join Date: Mar 2016
Posts: 81
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1 of 9 owners.
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02-21-2017, 02:16 PM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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I dunno. How liquid is this investment, in case you want out? If one wants to hunt, is there another way?
I like duck, but as in French duck confit, or roasted as in Peking duck. It's less work and a lot cheaper.
On the other hand, as Redduck pointed out, there might be other benefits that I am ignorant of. He should know, being a duck himself.
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"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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02-21-2017, 02:20 PM
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#12
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Thinks s/he gets paid by the post
Join Date: Apr 2016
Location: Dutchess County
Posts: 1,599
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Now thats a dynasty I could follow.
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02-21-2017, 02:29 PM
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#13
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2006
Location: west coast, hi there!
Posts: 8,797
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Quote:
Originally Posted by redduck
I've done the research. It looks like the possibilities are limitless.
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Aren't you a bit worried about that gun Red duck?
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02-21-2017, 02:31 PM
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#14
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2006
Location: west coast, hi there!
Posts: 8,797
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Quote:
Originally Posted by ecowtent
It is a pooled investment club, BUT the cost is $60K. However it is on great location and has lodging and a keeper.
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If this represents a small part of your net liquid wealth then it doesn't matter much. Otherwise, I am guessing it is an illiquid high risk "investment".
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02-21-2017, 03:37 PM
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#15
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Thinks s/he gets paid by the post
Join Date: Mar 2005
Location: yonder
Posts: 2,851
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Quote:
Originally Posted by Lsbcal
Aren't you a bit worried about that gun Redduck?
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Thanks for your concern Lsbcal, but on several occasions she mentioned that she thinks I am a complete pig. So, I guess I lucked out here.
__________________
When the people shall have nothing more to eat, they will eat the rich--philosopher Jean-Jacques Rousseau
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02-21-2017, 04:32 PM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2013
Posts: 11,078
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If you folks love ducks great. For an investment I personally would not, I like ducks and all, but the chance of breaking even is nill.
There's folks who study nature/hunting investments and buy it. I wouldn't go head to head for an investment.
However if it's a cause for you and you're OK with a loss, or ducks make you smile(they make me smile) carry on.
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02-21-2017, 06:12 PM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Location: No fixed abode
Posts: 8,764
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I've usually got between a dozen and a couple hundred ducks and geese on the pond in back of my house. And you can usually get close enough to them to hit them with a 4 iron. I'll let your husband hunt there for a mere $30K, any time he wants.
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"Good judgment comes from experience. Experience comes from bad judgement." - Anonymous (not Will Rogers or Sam Clemens)
DW and I - FIREd at 50 (7/06), living off assets
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02-23-2017, 07:47 AM
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#18
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Recycles dryer sheets
Join Date: Mar 2014
Location: A State of Mind
Posts: 162
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Is it a fancy place? That is high.
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02-23-2017, 08:37 AM
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#19
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Thinks s/he gets paid by the post
Join Date: Jan 2017
Posts: 2,628
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Is the investment the club facilities, or is that just a place to meet to plan pooled investment strategies?
I belong to an 80-member boat club (marina) and here's how the math worked out for me:
The cost of a membership, with rights to use one slip, plus annual dues, was about the same cost as renting a slip for 10 years.
Assuming I keep a boat in a slip, one way or another, for at least 10 years, AND assuming in 10 years I can sell the membership for the same price, adjusted for inflation, I'm that much ahead. Beyond that it's all up-side.
I guess I still don't know what a duck club is, so I don't know if the same logic applies.
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