jkmurry said:
If you were poor like me and found yourself in a position to get just one long gun that would be the best compromise to do everything you wanted to do, what would it be? Shotguns are great for close range defense, but lack the ability to reach out and the ammo is expensive. Bolt action rifles are great for hunting and target shooting, the ammo is a lot less than shotgun shells, but the rifle isn't good at close range. ARs and quality AKs are just too darn expensive. There's something to really put thought into. What do you do, and why?
Hmm, one long-gun that meets the following:
-Close range defensive gun
-The ability to "reach out"
-One intended use is hunting
-Ammo that isn't too expensive
-The gun isn't too expensive
It really sounds like you need to drop one criteria, or go with two guns. Like you said, the shotty is a great home defense gun, but if you want long-range it won't go there. With most rifles, you have long range, but you risk overpenetration if used in home defense. One rifle caliber, .223, is great for home defense (not too much overpenetration potential), but it isn't legal to hunt large game in many (most?) states, and at truly long ranges it will lose a lot of power.
One possibility is a .308 of some kind and buy the expensive "tactical" rounds (lower power, often frangible rounds that aren't as prone to overpenetration) for home defense. I'm not sure how cheap the ammo will be anymore though.
Personally I really like lever rifles. In revolver calibers they make capable home defense guns, and with .357mag, .44mag, and some of the more powerful loadings in .45LC they are good up to about 100yrds for hunting game up to deer. They are also a ton of fun. You would have to forget long distances.
If I was on a very limited budget I'd go with a used lever gun, a shotgun (and lose the range) or get an H&R Handi-rifle or one of the other single shot rifles with removable barrels and buy one rifle with two or more barrels to handle all your intended needs (though again, it is a compromise- one shot isn't terrific for home-defense). Probably the lever gun or shotgun (used preferably) for now, then since you want distance I'd pick up a used bolt action hunting rifle ASAP (Savage makes guns that are great values and may be a good way to go).