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jks327

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Everything posted by jks327

  1. One thing is if you trust your kids, start giving them the maximum allowable amount as a gift every year. It's less than $20k/yr but no taxes paid on this. My main goal when I die is that my property will be protected by a conservation easement, other than that not sure where the money will go.
  2. Reading and writing are among my most enjoyable pastimes, when I discovered that as an investor I could spend all day doing this I was hooked!
  3. I stack bricks on the ground 2 or 3 rows high and throw an oven rack over it, wet the soil around this so it doesn't start a fire. Granted, I only cook outside half a dozen times per year.
  4. I have one of these, has been very good. He treats my entire immediate family, has never asked me to pay separately for his services though I continually offer. The only doctor I know trying to keep people off drugs and avoiding complicated interventions, focuses on keeping people healthy. Have also heard very good things about Mayo Clinic from family members who have had serious illness. Wishing good health to all!
  5. Have been looking at this too, looks cheap at the present. They are in LVL residential beams, have seen some new construction using them as joists. Story Enso seems like they cover the whole market but this is an OTC stock, I emailed them asking for past years' earnings, haven't heard back yet; wasn't getting it on my terminal and sometimes is inaccurate. Yesman, great comment about the hardware, will be looking into this. Thanks to all who responded!
  6. ATM a thesis without a business, figured would post it here: Within forest products, the lumber industry has seen declining growth rates the past few years while the mass timber industry is projected to grow at around a 12% CAGR between now and 2027. Modernization of building codes to allow for a wider range of mass timber buildings will enhance this even further. Data suggest the material has good ability to withstand fire and retain its structural integrity, it has performed well in simulated seismic events, and can be produced with a lower carbon footprint than most steel and concrete. The CLT (cross-laminated timber) segment offers designers the greatest freedom; since the pieces are laminated together in layers with opposing grain directions, it can handle stress on multiple axes. In the industry today there are a number of lumber businesses starting to develop their mass timber capability. I believe there will be a difference in valuation between a lumber company (mature business) and a mass timber company (new business, potential growth). In the long term it should be considered reasonable to value a good mass timber business at the industry average of around 10x earnings. At the present, many are trading below this multiple. What I’m looking for today is a mass timber company with solid fundamentals being valued as a lumber company. I hope that my search will be fruitful and look forward to sharing my results.
  7. I use the terminal application, only the features under /stocks and not even all of these. Curious if anyone else uses this and what features they use most frequently.
  8. This is often the case but can go the other way as well, thinking of what happened with R.P. Scherer when the daughter sued to oust her husband as CEO.
  9. From what I've read you have to use vanillin when making hard candy, it gets hot enough that regular vanilla will burn and lose its flavor. Supposedly vanillin is made from tree bark, sounds like there could be worse but then again I haven't eaten anything with added sugar since 2018.
  10. Only place I've ever been where bread was coming out of the oven in the afternoon!
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