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When they had them, what was the price?
My buddy hunts with one of two his dad bought for like $15 apiece. That was back in the '60s or' early 70s though
In 1960 money, that is $105.00 today. A good deal
Garands were advertised at the same time for $89.00. That is $626.00 in 2007 cash. Looks like your dad made and excellent return on his investment.
If he had invested that $89 in 1960 in the stock market and got an average annual return of a mere 7% he would double his money every 10 years, and end up now with about $2000. So its not as good of an investment as you migh think.
If he had invested that $89 in 1960 in the stock market and got an average annual return of a mere 7% he would double his money every 10 years, and end up now with about $2000. So its not as good of an investment as you migh think.