GUNS - Great investments!

[ljnowell]

Good job taking care of your mom when she needed it. It blows me away when I see children that are unwilling to sacrifice for thier parents, when parents give so much for the children.

 

[oldbear]

BPHunter, that was a GREAT thing for you to do!!!

 

[pharmer]

A couple years back I had a buddy who was dying. He had 7 long guns, mostly lower end, and a .380 Beretta. I told him they were worth about $2300. He had a dealer offer $1000 for all of them. I took him and the guns down to the Lakeland show and sold the lot for $1900 in one afternoon. Last good time we had together. Never thought of guns as an investment. Joe

 

[btg3]

"Collectible" firearms might possbily pass for investments. Overall, new firearms fare the worst with regard to value retention.

A general rule for the financially prudent is that while it's okay to buy APPRECIATING assets new, any DEPRECIATING assets should be bought used. At THR there are many advocates for buying good used guns -- for good reason.

 

[clamman]

This thread makes me sick. The guy helped his MOTHER out and some of you are bashing him about his "investment?" He should be applauded for his actions! Either pat him on the back for what he did, or LEAVE HIM ALONE!!

 

[Ala Dan]

Its nice to help mom out in a time of need; but selling off your guns ,
I don't know that I could do it ; as I would have too find other means
of helping mom out~!

 

[BP Hunter]

Clamman,

This thread makes me sick. The guy helped his MOTHER out and some of you are bashing him about his "investment?" He should be applauded for his actions! Either pat him on the back for what he did, or LEAVE HIM ALONE!!

Thanks for covering my back, man. But nobody CAN disdain me for my actions. I am happy about myself for helping my mom.

I am already constantly on the internet looking for my replacements and new ones. Hmmm...next stop budsgunshop dot com

 

[phoglund]

Good job helpin' out your Mom!

The other side of guns is while you have them you get some utility (shooting fun) out of them outside their investment value, something gold/silver/stocks etc. don't give you.

You enjoyed those guns, had an opportunity to learn about them and now have a better idea what you would like to have to replace them. All in all I'd say you came out ahead even before you factor in the smile on your mother's face!