investing in firearms

sorry for the rant // all the best

I don't think that guy that puts adds in the paper is stealing anything. He is probably one of the nicest guys in the world. Most people aren't idiots. They know how to check to see if something has more value before selling it. Many times they probably just don't give a hoot, as the old gun isn't worth a damn to her, him, or whomever. This guy knows that and buys them, and he is a bad guy? I don't think so...that would mean pawnshop owners are bad people too(a whole new can of worms).

as far as the market. I am saving as much as I can right now for retirement, but my stuff is in the 'safe' funds right now. My mother-in-law eats up those lines too all the time: "Right now is a good time to buy because everyone is selling." I don't care+to each his own. These phat cats are lining their pockets while people are 'rockin steady' thru this storm. There is a time not to mess with the market and it is now. The experts know this! Just like 2008: "Yeah just hold tight and everything will work itself out. In the long run it always does. Don't panic." Yeah maybe, but that doesn't mean I need to lose 40% of my lifetime savings because that's the code. Computers allow us to login and change the distribution overnight. Don't fight something you can't win...sit back and watch this time. 1-2% guranteed return while actively saving every paycheck is better than paying money every paycheck and losing lots.

And these calculators these people offer(not talking about one above - I plan on checking that out) are so ridiculous and need to be updated. It was the 80's when you could make 8%, so their "estimate we'll you'll be in 20-30yrs" needs to change. The return hasn't been that good for a long time. In the 80's, you could get 8% guranteed return from the safe funds(the ones that will never lose such as the G Fund in the TSP retirement thingee), you were working fulltime if you worked 32 hrs per week, you could use health insurance for rehab or whatever for 30days NO QUESTIONS ASKED//now they try to make you leave after a few days(sometimes day to day decision). Our health has doubled and lots of medications(like woman meds) are no longer covered which is a double whammy. Basically, things have changed and many of the stuff I mentioned changed long before 08 crisis.
 
b) I simply think I can beat the market with firearms
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Doubtful.

As a general rule of thumb I never suggest guns as a way of any sort of growth investment. Ever (even though it of course happens- though rare and not worth while the majority of instances).

Investing 10k with any hopes of growth return is not suggested (by me). If it simply because you want to collect and shoot then great, but don't kid yourself into thinking brokers will be heading to guns next.
 
I was thinking about investing in firearms.

What sort of dividends and annuities are you guys getting from yours?
 
I
was thinking about investing in firearms.

What sort of dividends and annuities are you guys getting from yours?
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Intangibles. I get a lot of fun, pride, and intrigue out of my guns. Although I am far from an expert by many people's standards, I tend to be the go-to-gun-guy among my friends. This has helped open some doors for me.

I'm not suggesting that folks liquidate their core investments and throw everything into guns. But, investing in art, antiques, guns, coins, etc. is not uncommon or unprofitable. Most folks who invest in these things do it not just for the monetary rewards. They do it because they genuinely enjoy it. But, the increase in value over time is also desirable. I am actually quite surprised that I seem to be the only one who thinks that there's nothing wrong with investing in guns as long as you know what you are doing.
 
I am actually quite surprised that I seem to be the only one who thinks that there's nothing wrong with investing in guns as long as you know what you are doing.
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Nope... Read more posts. You are not alone! ;) The key is to "know what you are doing". It's easier to say it can't be done than to actually research how it can be done.
 
Nope... Read more posts. You are not alone! The key is to "know what you are doing". It's easier to say it can't be done than to actually research how it can be done.
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I'm glad I'm not the only one on this! I suppose there are a number of people out there that bought certain guns before Obama got elected, speculating that there could be a new ban. In fact I bought a couple of guns just before the election, not so much as investments, but because I didn't want to get caught not being able to buy certain guns I wanted at the time. Lots of AR's and AK's were purchased at relatively inflated prices. They probably have not held their value. Maybe that's the perceived problem.:confused:
 
Bud--

This reminds me of the old joke: "How to Make a Million Dollars"--First get Ten Million Dollars...

You can get a crate of 20 M-N's from Classic Arms for $1500-$1700 and sell them right now for $100-$125 each in the right market. Other Milsurps have appreciated in price (this is not saying "value") but who really knows what these will do in the future.

Every time you think about the certainty of firearms appreciating in value, remind yourself that the "Million Dollar Luger" sold last year at auction for $420,000.

ed
 
Every time you think about the certainty of firearms appreciating in value, remind yourself that the "Million Dollar Luger" sold last year at auction for $420,000.
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If you were guaranteed to make money, then it wouldn't be an investment would it? Nothing is certain. But, the fact that someone even paid $420,000 for a Luger should be proof enough that it was purchased as an investment. Surely, if all the buyer was looking for was a pistol that reliably fired 9mm Luger, he could have purchased a Hi-Point instead.:D
 
" But, the fact that someone even paid $420,000 for a Luger should be proof enough that it was purchased as an investment. "

Oh, that isn't always the case, same inflated prices thing happens in the classic car market. People with real money are just looking for entertainment ,the ability to say mine is bigger than yours at a auction _and_ after the sale being to show their friends they bought XX for $ 500,000.

When the stock market went low in the late 80's, " investors " flocked to old cars. Sure, those that bought early and sold after a brief time made money, but those that bought at the peak of the frenzy were left with cars that wouldn't bring 30% of the original purchase price. The mantra was " You can never pay too much, you can only buy too soon. "

There is a difference between buying something as a investment then holding on to it until it's value has out paced inflation ( or at least kept up with it.) and buying things and reselling them. The latter is running a business and probably more profitable in the long run.

The bottom line is buy what you like, and don't worry if it goes up or down. ( Even though it is likely to go down in value )
 
The problem with those car auctions is that everyone who watched them thought their old 67 rustbucket Chevelle was a money machine just because it was an SS.
 
Too late now... selling out all of your $ now, after a crash, is generally foolish (unless you managed a profit somehow, like selling short)....

Investing in guns and ammo is something I advocate NOT for financial return, but for social unrest, unknowns of future laws, turmoil, lack of future availability, or just because. NOT the best for financial returns.

But if you must, scan local ads for FTF sales. Buy ammo in bulk.
 
If you were guaranteed to make money, then it wouldn't be an investment would it?
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Of course it would be! :confused: Don't confuse investing with speculation or gambling. Investing involves research with the expectation of gain. Speculation/Gambling is dumping assets into something without the benefit of research.
 
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Why hasn't anyone thought of the best investment firearm ever???

If you want a garuanteed return, invest in Class III firearms. In 1990 you could probably find full-auto ARs for the $1,500 range. Today, it's more like $15,000. That's 1000% return... not too shabby for 20 years.
 
Yeah, and in 1974 I could have bought gold at $100 an ounce. That's ancient history. What's your point?
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1. they're still mining new gold, and very little of it gets "used up". So, the world's stockpile of gold is ever increasing.

2. They stopped making machine guns that can be owned by Joe Public in 1986, with no more ever to be made again. Yet, people continue to shoot them, wear them down, and occasionally break one beyond repair.:(

So, between investing in gold or machine guns, machine guns are likely a better bet in the long run. Just think, for about 3 bars of gold you can have a nice full-auto UZI. It's been over 25 years since a registered UZI was produced.....ask yourself: "when was the last time a bar of gold was produced?"
 
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