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Firearms as investments
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<blockquote data-quote="SMS" data-source="post: 3506011" data-attributes="member: 42"><p>All true, but most commonly available guns don't grow in value over time either. Yes, there are bubbles that one can take advantage of, but predicting those bubbles and the timing of them is tough.</p><p></p><p>The other legislative option is outright ban and subsequent order for either turn in or destruction akin to what they did with bump stocks. Imagine your whole investment of AR-15s being made valueless by an AWB that bans ownership and transfer? We used say that was impossible, but we've been inching closer and closer to it...</p><p></p><p>I see some of my collection as more of an insurance policy or alternative savings bank than I see it as an investment because, like you said, they rarely loose much value when well cared for. If times get hard, or opportunity presents, they are a great way to free up assets.</p><p></p><p>I did it a few years ago when our oldest kid needed a new musical instrument to take his skill to the next level...we didn't have much free cash at the time so I liquidated a safe queen M1A Scout for pretty much what I paid for it many years before. </p><p></p><p>Turned that safe queen into a new instrument, which then translated into a full four year scholarship plus annual cash, and helped my kid pursue his dream. That's an investment! LOL.</p></blockquote><p></p>
[QUOTE="SMS, post: 3506011, member: 42"] All true, but most commonly available guns don't grow in value over time either. Yes, there are bubbles that one can take advantage of, but predicting those bubbles and the timing of them is tough. The other legislative option is outright ban and subsequent order for either turn in or destruction akin to what they did with bump stocks. Imagine your whole investment of AR-15s being made valueless by an AWB that bans ownership and transfer? We used say that was impossible, but we've been inching closer and closer to it... I see some of my collection as more of an insurance policy or alternative savings bank than I see it as an investment because, like you said, they rarely loose much value when well cared for. If times get hard, or opportunity presents, they are a great way to free up assets. I did it a few years ago when our oldest kid needed a new musical instrument to take his skill to the next level...we didn't have much free cash at the time so I liquidated a safe queen M1A Scout for pretty much what I paid for it many years before. Turned that safe queen into a new instrument, which then translated into a full four year scholarship plus annual cash, and helped my kid pursue his dream. That's an investment! LOL. [/QUOTE]
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