Sorry to say but you must be a "youngster" ---- what would that USP . 40 be worth 20 YEARS FROM NOW ???The first gun I bought was a USP in .40S&W.
Doubling, tripling or even getting 10 times your investment out of a gun is not unrealistic, but you have to be buying the gun as an investment and know what you are doing.
Well, exactly 2 years ago a share of Lehman Bros. (LEH) common closed @ $60 and Friday it closed @ 5 cents. My Glocks were worth @ $480 apiece 2 years ago and they were worth at least that yesterday. Agreed, for most people gun collecting probably shouldn't be their ONLY investment but when done right it can still be financially rewarding .Hard for me to see firearms as a good investment compared to the traditional investments.
Firearms are highly illiquid compared to securities, significantly riskier, poor scale, and have substantial overhead, and legally questionable depending on how often you turnover the investments.
Sorry for your loss of Lehman Bros stock. Fortunately there are tens of thousands of stocks to choose from, as well countless numbers of financial instruments and securities to invest in besides the financial sector.Lakeshore said:Well, exactly 2 years ago a share of Lehman Bros. (LEH) common closed @ $60 and Friday it closed @ 5 cents. My Glocks were worth @ $480 apiece 2 years ago and they were worth at least that yesterday. Agreed, for most people gun collecting probably shouldn't be their ONLY investment but when done right it can still be financially rewarding .