Anyone looking to a profit on the next panic?

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Averageman

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Looking at my 401 K and somewhat disappointed.
I remember the prices of P-Mags, AR's and even now Ammo.
I have considered investing in each of these in anticipation of another panic and turning a healthy profit.
Anyone else doing it?
 
It's worst than gambling. Also, it would be likely that another panic would be caused by some horrible event. I would not want to profit from some crap like that. Got better things to do with my investments.

Also, if your 401K is performing poorly, I'd suggest you re-evaluate your allocations. The overall market is bullish and is returning double digits.
 
I moved some money around in May in my allocations and will do the same in October. No matter how I move it around though there is no investment in comparison to a 12 dollar P-Mag selling for a 70 dollar panic price.
I don't want to sound cold, but as long as I had nothing to do with someones troubles I see no reason not to profit from the current state of affairs.
It is not different than speculating on oil prices, diamonds or gold, chances are someone died getting it to market.
 
I'm probably going to start picking up lowers and parts kits, but not a 401K's worth. I'm talking about maybe a dozen over the next year or two, not anything large scale.

AKAIK, the only thing you'd be profiting from, regardless of events, is panic buying; profiting on tragedy is the media's job.
 
Well I recently bought 5 P-Mags for $55.00 and I got in the truck and started thinking, you know this laying back about 500 of these damn things might not be a bad idea.
If ammo ever gets back to the old normal I will lay in 2-5K 9mm and 5.56 and sit back and shoot it a bit and replace it as I go. It might be a heck of a cushion for someone who is in their 50's to cash in on in their 60's.
 
Why would anyone want something to happen like newtown or aurora to cause another panic?

I certainly DO NOT want anything like Newtown or Aurora to happen, but I'm old enough to know it eventually will.
I also realise that even if there never is these "panic's" can be caused by an election or a War or nearly anything. I see no reason to be again on the recieving end of that happening.
I see it is somewhat like preparing for a tragic accident or emergency. I buy insurance, I sit back some canned food and water, why not set back some ammo, mags and have an extra AR in case the market spikes again?
 
To be fair, its not just events like Newton that cause panics if anybody recalls from the last two election cycles.

So how much are you looking to spend? Where will you store this investment? Will you insure it in case of fire or theft? Are you going to pay taxes on this new business venture? Do you have time to be packaging and shipping product when the time comes?
 
I see nothing right or wrong with it. No one has to buy, there doesn't have to be another panic if people would just get prepared and purchase the things the need or want.

There will always be foolish people with no oil in their lamps on the night they need the oil.

Buy all you want. Set the price to any amount you want.

I would consider this, the next time they make a run to outlaw everything, if they do, and your mags are illegal nation wide, are you willing to try and sell illegal goods? That is something to consider and brings you into another element of society.
 
I moved some money around in May in my allocations and will do the same in October. No matter how I move it around though there is no investment in comparison to a 12 dollar P-Mag selling for a 70 dollar panic price.
I don't want to sound cold, but as long as I had nothing to do with someones troubles I see no reason not to profit from the current state of affairs.
It is not different than speculating on oil prices, diamonds or gold, chances are someone died getting it to market.
Click to expand...

Wish you would go on those threads about "GOUGING" and see what reception you get from those folks who think everyone making a dollar is ripping them off

BTW, MY investment advisor is returning me some damn good returns on my rollover
 
why not set back...
Click to expand...

That's not what you were talking about and there's no need to try to slide away from the idea you originally proposed.

Why not invest in those companies that are doing well as a result of the banic? Why not invest in a company that will do well in such circumstances? It is easier than hawking your wares to the desperate and probably more profitable since it makes money the entire time instead of just when people panic thinking there's no tomorrow.
 
So how much are you looking to spend? Where will you store this investment? Will you insure it in case of fire or theft? Are you going to pay taxes on this new business venture? Do you have time to be packaging and shipping product when the time comes?
Honestly I could put 10K in it and not worry about it a bit, but I'm think more in the 20 range at the moment.
To be honest I have stored some rather large amounts of ammo before in the Military, I think I could do it rather safely and no I wouldn't Insure it or Ship it. Cash and Carry.
 
Premeditated Price Gouging ?
I don`t have the heart to sell a $12 mag for $70, just ain`t right, and wouldn`t let greed get the best of me anyway.
 
Averageman said:
Looking at my 401 K and somewhat disappointed.
I remember the prices of P-Mags, AR's and even now Ammo.
I have considered investing in each of these in anticipation of another panic and turning a healthy profit.
Anyone else doing it?
Click to expand...
If the 401K is a typical 401K you will be paying taxes on the withdraw. Then if you are under 59 1/2 you face a penalty. My best guess is for every $100 you draw you will see about $70. You may want to talk to those holding the fund and see exactly what state and federal taxes will cost you.

Personally while a 401K is a gamble a well managed fund can do well but buying a mountain of ammunition is an even larger gamble. Your money so your call but I wouldn't do it because I don't see it as a wise investment right now.

Ron
 
I think the OP needs to consider that the panic buying is caused by everybody stocking up now for future shortages. If everybody is stocked who are you going to sell to? I for example haven't bought any guns, ammo or mags since I was well stocked from after the last AWB. Except for ammo maybe it is going to be a buyers market the next time around.
 
I've got the room and I have thought about a couple pallets of 22lr, 5.56, 308, 9mm. if nothing happens (yea right) then me and my heirs will shoot for a long time.
Also have thought about a dozen or so lowers with parts plus a rack of 10/22 pawn shop Rugers.
Given the recent history I believe the only thing barring a decent return would be an outright ban, panics are going to be a fact of life until then.
 
Why not invest in those companies that are doing well as a result of the banic? Why not invest in a company that will do well in such circumstances. It is easier than hawking your wares to the desperate and probably more profitable since it makes money the entire time instead of when people find themselves thinking there's no tomorrow.

Oh indirectly through my 401k I would suppose I am. I can see your point, but on the other side of that, how quickly can I get 100% of that money back?
It would seem to me, essentially I could return on my investment at a profit with no middleman involved in the process to take a cut. Right now I pay someone to manage that fund and because I'm not of retirement age, I would get hammered on taxes if I did have to pull it out.
With this I could get a table at a local gun show and sell my goods, take my money and go on home with it.
Wish you would go on those threads about "GOUGING" and see what reception you get from those folks who think everyone making a dollar is ripping them off
Well I can see that up to a point, but I'm not forcing anyone to buy anything, I'm setting a price and giving them a choice. I'm not going to be a major player, just looking to make a buck and turn a profit. You can call me dirty names and complain that I'm planning to gouge price, but I would suppose the business of business is to turn a profit.
 
If the 401K is a typical 401K you will be paying taxes on the withdraw. Then if you are under 59 1/2 you face a penalty. My best guess is for every $100 you draw you will see about $70. You may want to talk to those holding the fund and see exactly what state and federal taxes will cost you.
Personally while a 401K is a gamble a well managed fund can do well but buying a mountain of ammunition is an even larger gamble. Your money so your call but I wouldn't do it because I don't see it as a wise investment right now.
I wouldn't touch the 401K, just cash and carry; strictly a bank transaction.
 
An outright ban would really pump up the prices...on the black market of course
 
I think an outright ban would have some effects even more dramatic than the price of my goods.
 
I think it would be a fairly low risk investment. If you want to deal with all of the selling later, would be the annoying part to me..I guess if you're making money it would be a lot easier though
 
If the worst happened and I never sold it, essentially I would have bought ammo for the next couple of years and have a gun for each new grandkid and a basket of magazines to go with it.
 
I think an outright ban would have some effects even more dramatic than the price of my goods.
Click to expand...
It certainly would as it probably would to your 401K in which a bird in the hand might be worth 4 or 5 in the bush.;)
 
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