Silver Supporter
Bronze Supporter
- Messages
- 4,210
- Reactions
- 6,918
Buy a gun for $2900 and sell it in three weeks for $17,500 is logic not lost on me.
Last Edited:
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Exactly when you buy quality firearms and take care of them the price does go up ! I do not do it on purpose it just happens that way sure sometimes goes up $50-100 some wayyyy more !Buy a gun for $500, sell it in five years for $600 is a money losing investment, but hey... Logic is lost on some here.
Buy a gun for $4000 and 9 months later get offered $10,000 by one of the foremost Winchester authorities in the country is also logic not lost on me.Yeah right.
I bought a Shield 9mm back when PSA was basically giving them away, plus the S&W rebate. It's been a while, but I believe I paid under $200 including shipping and transfer.THOSE guns were money down the drain at the initial purchase. Drawing from that a generality toward all guns is best defined as a quantum leap of logic.
But then again, I sure appreciate the number of people who think that way.
A normal index fund that $200 grows to $800 in 14 years every time, not a cherry picked outlier of a given gat.I bought a Shield 9mm back when PSA was basically giving them away, plus the S&W rebate. It's been a while, but I believe I paid under $200 including shipping and transfer.
There's no compound interest of guns.A normal index fund that $200 grows to $800 in 14 years every time, not a cherry picked outlier of a given gat.
Sure there is, the correct number of guns is just one moreThere's no compound interest of guns.
how would you know you a zero trader ratingBuy a gun for $500, sell it in five year
Buy a gun for $500, sell it in five years for $600 is a money losing investment, but hey... Logic is lost on some here.
s for $600 is a money losing investment, but hey... Logic is lost on some
Yeah @Jay Walk!! Everyone knows NWFA classifieds are the one and only outlet to buy or sell firearms in the Western Hemisphere. You're obviously dribble spouting....how would you know you a zero trader rating
I don't believe anyone has denied that some firearms appreciate greatly and that there are never any possibilities of making money on a specific firearm.Vintage 1970's Colt Python 15 years ago, paid $500 for it, look at the going price for a good original one today, yea, poor investment on my part!
Original M-1855 SN-426, paid $2500 4 years ago, today it's added a zero to the end, yea, not a great investment!
Your Sarcasm isn't lost on me!
How many threads contain the same discussion, is my question.I don't believe anyone has denied that some firearms appreciate greatly and that there are never any possibilities of making money on a specific firearm.
Trying to twist it that way by pointing out that rare opportunities/exceptions exist in no way negates the fact that "generally speaking"... the overly vast majority of firearms will "not" appreciate in value over the standard annual living expense increase. The question really becomes.... say you bought 20 firearms in one year... 5 years ago. If one of them greatly appreciated and the other 19 you lost money on (aka., buying power)... are you still + or - on your overall "investment"(?)
"For investment purposes" means... the net profit/loss must exceed the gross value invested. It's certainly possible, and even likely if you educate yourself and only make well researched investment purchases. Being diligent to find deals from folks that don't realize the actual value of what they have being a contributing factor as well. Not forgetting of course that you also have to consider the cost of your time, effort and other subsequent costs into your gross investment value, hu.
Is that true for you're average Joe that wants to justify his common shotgun/rifle/handgun collection purchases as... "Well, it's a good investment"(?) Which... if I recall... was the questions being asked that started this whole "guns for investment purposes?" discussion... right!
Just consider the amount of money lost as a rental fee for the time you got to use or own it.Factually... selling it for what you paid for it... you're losing money.
Absolutely true. It's always better to own than rent. Invest in yourself!!Just consider the amount of money lost as a rental fee for the time you got to use or own it.