Guns as Investments

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  • Scott_F

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    What are your thoughts? I don't invest in guns, but I do like to pick a new one up now and then. With the stock market currently sucking ass, maybe it's a better idea to buy a few more guns for long term storage.
     
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    With hindsight, I would have liquidated my retirement account in June, even with the tax penalties, bought nothing but AR-15 and AK47, and any ammo I could get. Then I would have sold all but my personal stash in November...that would have been awesome!
     

    Texas1911

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    Machine guns have long been one of the most profitable investments on the market. Alot of corporations have invested into machine guns as constantly valuating hard assets.

    Normal firearms are really hit or miss. You'd have to be involved in the long term, and honestly, the long term is a winner in alot more profitable ventures.

    If you have alot of capital you can always look towards real estate. It's currently cheap, and is an asset that will revalue considerably in the next decade.
     

    Texas1911

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    With hindsight, I would have liquidated my retirement account in June, even with the tax penalties, bought nothing but AR-15 and AK47, and any ammo I could get. Then I would have sold all but my personal stash in November...that would have been awesome!

    If you bought the firearms with the intent to re-sale for a profit, it'd also be illegal.
     
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    If you bought the firearms with the intent to re-sale for a profit, it'd also be illegal.

    What if you partnered with an FFL holder? Seems like a dealer should be able to profit. It does not matter now of course because it was a silly hypothetical, and I think the big scare (and potential profit) peaked from Nov through Jan after the election.
     

    Texas1911

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    What if you partnered with an FFL holder? Seems like a dealer should be able to profit. It does not matter now of course because it was a silly hypothetical, and I think the big scare (and potential profit) peaked from Nov through Jan after the election.

    The FFL holder would have to put all of the guns on their books, process 4473s, and sell them. The problem with that is if you willingly purchased the guns to make a profit, then presumably turned a profit off of them, it still can be held as engaging in commerce without a license.

    Honestly, you'd have to sell alot of guns to attract that kind of attention and be worthy of the ATF going out of their way to prosecute. If you are "washing" the guns through an FFL, I don't think they'd mess with you, but the ATF is well known for going out of their way for little things.

    The FFL dealer would have to do alot of work to sell all of those guns, and is not going to do it for free. It's alot of hassle when, again, there are easier and more profitable means available.
     

    TriggerTime

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    As mentioned above, firearms are not that good of an investment. You can't shoot them and you are pretty much limited to the stuff that might be collectible like S&W and Colt's and high end rifles like M1A's and Garands. Plus, there is the issue and cost of storage and insurance.

    They are a lot more fun to just take out and shoot and then hand them down to the next generation as family treasures.
     

    Texas1911

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    They are a lot more fun to just take out and shoot and then hand them down to the next generation as family treasures.

    Yeah, it's like buying any other consumer commodity, like a car for example... it's meant to be used and recycled, but if you hold onto it for long enough you might turn a profit on something of quality. Unfortunately your profitability on a 30 year investment is just not worth the time.

    Invest in something better.
     

    Scott_F

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    My wife and I have never done well investing in the market on our own. I've done okay with 401K's and mutual fund stuff. But, wife and I are Realtors/Brokers and we've done quite well over the years living in a college town and buying rental properties. It's what we know.

    Just figured I'd throw the gun thing out there. I buy and sell too much to ever hope to make a profit on guns. :) Guitars as well. I'm a guitar ho as well.
     

    JKTex

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    Mar 11, 2008
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    What are your thoughts? I don't invest in guns, but I do like to pick a new one up now and then. With the stock market currently sucking ass, maybe it's a better idea to buy a few more guns for long term storage.


    The stock market never sucks ass. Only traders suck ass because they don't trade the market, they wan the market to trade them and make money for them. It doesn't work that way.

    I can make $100's or more in 1 day in the market where I can easily spend $100's or more on a gun in the same day. At the end of that day, I'll either have more money or more guns/even less money. If at some point I turn and sell them, I'm lucky to be back to the same place I was, and most likely I'll be in worse shape.

    Guns in general are not financial investments; most "things" are not financial investments.
     

    Big country

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    I can only think of one way a large Cash of firearms would make money. And that is if SHTF and you have guns and ammo, you will no doubt be a popular person for the invaders and the neighbors. LOL! And this is a really big if, so for my money I'd try something like gold.
     

    okie556

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    Feb 12, 2009
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    My wife and I have never done well investing in the market on our own. I've done okay with 401K's and mutual fund stuff. But, wife and I are Realtors/Brokers and we've done quite well over the years living in a college town and buying rental properties. It's what we know.

    Just figured I'd throw the gun thing out there. I buy and sell too much to ever hope to make a profit on guns. :) Guitars as well. I'm a guitar ho as well.

    :p Wow............guitars and guns..........it don't get any better than that!
     
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