Stocking Up On Gun Stuff Before Retirement.

[CountryGent]

I think I have finally got to the point where I'm ready to say "when" to adding more firearms (we'll see).

Mazel tov.

 

[Colt Carbine]

Consumerism makes our economy go round. I admire those who hoard money instead of items but it's not my nature.

I wasn't speaking about hoarding money instead of purchasing stuff.

Let's see if I can change your perspective because your reply tells me you didn't understand and/or didn't hear what I said.

I'm no different than the next guy. I'm not passing judgment. I've got quite the abundance of stuff myself, being I've got more then one hobby along with a shop full of mechanics and construction tools.

I like to buy stuff just like yourself. Being frugal minded, I like getting deals and hunting for said items.

However, my happiness is not dependent on materialism/consumerism. Maybe I'm strange but my actual happiness is internal and associated with my friends, family, self worth, learning, personal growth and experiences.

Buying stuff brings me pleasure not happiness. There are a lot of very wealthy individuals with more possessions than you or I could ever dream of purchasing, yet some of them are the most unhappy people around.

Unfortunately, this misconstrued ideology has no bounds, being it affects wealthy and poor alike that are chasing materialistic items for the wrong reasons.

Maybe I'm off base and misunderstanding but from the sounds of it you're basing your happiness off buying possessions. It's your life, live it as you please but all these self help threads and asking for advise scream you need help.

Do yourself a favor and change your perspective before you retire because once you retire your income will be reduced.

FWIW, I just retired last month and I couldn't be happier. Keep in mind, I was forced into an early retirement being my career beat my body to death. I'm only 61 years old and my back, knees and elbows are more worn out than a 80 year old man.

 

[katonahjohn]

I see something I want I'll probably buy it. Anything I need has already been purchased. Money gets worth less every year, so buy today for the future. I have enough ammo to last me the rest of my life. Guns..well..at the LGS today. Looked at an older model Marlin and a Mossberg , both 22 LR. I was tempted, $500.00 in my wallet, two rifles for that cash.. but I resisted. Maybe next time I visit the LGS they might come home with me..

 

[The Heretic]

I see something I want I'll probably buy it. Anything I need has already been purchased. Money gets worth less every year, so buy today for the future. I have enough ammo to last me the rest of my life. Guns..well..at the LGS today. Looked at an older model Marlin and a Mossberg , both 22 LR. I was tempted, $500.00 in my wallet, two rifles for that cash.. but I resisted. Maybe next time I visit the LGS they might come home with me..

I decided to inventory my guns this morning. I think I got all of them now - less than when I did it from memory for my daughter - by about 30%; I think I counted some twice for her.

I need to take pics and write down serial #s too (for insurance/etc. - in case of loss).

Maybe do that later today when it gets hot outside.

 

[arakboss]

I see something I want I'll probably buy it. Anything I need has already been purchased. Money gets worth less every year, so buy today for the future. I have enough ammo to last me the rest of my life. Guns..well..at the LGS today. Looked at an older model Marlin and a Mossberg , both 22 LR. I was tempted, $500.00 in my wallet, two rifles for that cash.. but I resisted. Maybe next time I visit the LGS they might come home with me..

This was the point I was trying to make about money when I posted this:

"I guess some people can be happy just having money in the bank regardless of whether it's worth anything or not or whether they spend it or not. To me money is only enjoyable if I exchange it for something else of value. The money itself does not bring me joy."


I could have a million dollars in the bank. If that million dollars will only buy a loaf of bread, it probably won't make me happy.

I could have 20 rifles worth nothing for resale value but they could bring me joy.

 

[The Heretic]

This was the point I was trying to make about money when I posted this:

"I guess some people can be happy just having money in the bank regardless of whether it's worth anything or not or whether they spend it or not. To me money is only enjoyable if I exchange it for something else of value. The money itself does not bring me joy."


I could have a million dollars in the bank. If that million dollars will only buy a loaf of bread, it probably won't make me happy.

I could have 20 rifles worth nothing for resale value but they could bring me joy.

True.

But $1M in disposable after tax cash, right now, today (not some hypothetical tomorrow), means I can buy 20 rifles, the Land Cruiser I would love to have, take trips to Tahiti and NZ, have enough $ to live the rest of my life without touching the principal, and have plenty left to leave to my daughter so she can do the same when she retires.

Also, I don't really need 20 rifles (although I have more than that now, I only really need 2-3 rifles, a handgun or two, a shotgun and ammo), so I could most likely sell one and buy more than one loaf of bread - most rifles being worth relatively more than a loaf of bread in almost any economy/situation.

 

[arakboss]

True.

But $1M in disposable after tax cash, right now, today (not some hypothetical tomorrow), means I can buy 20 rifles, the Land Cruiser I would love to have, take trips to Tahiti and NZ, have enough $ to live the rest of my life without touching the principal, and have plenty left to leave to my daughter so she can do the same when she retires.

Also, I don't really need 20 rifles (although I have more than that now, I only really need 2-3 rifles, a handgun or two, a shotgun and ammo), so I could most likely sell one and buy more than one loaf of bread - most rifles being worth relatively more than a loaf of bread in almost any economy/situation.

"But $1M in disposable after tax cash, right now, today (not some hypothetical tomorrow), means I can buy 20 rifles, the Land Cruiser I would love to have, take trips to Tahiti and NZ, have enough $ to live the rest of my life without touching the principal, and have plenty left to leave to my daughter so she can do the same when she retires"


In your scenario the joy comes from being able to exchange the $1 million for everything you mentioned. If you have a million dollars but can't exchange it or don't use it for anything, it seems to me it would be a lot less enjoyable.

 

[The Heretic]

"But $1M in disposable after tax cash, right now, today (not some hypothetical tomorrow), means I can buy 20 rifles, the Land Cruiser I would love to have, take trips to Tahiti and NZ, have enough $ to live the rest of my life without touching the principal, and have plenty left to leave to my daughter so she can do the same when she retires"


In your scenario the joy comes from being able to exchange the $1 million for everything you mentioned. If you have a million dollars but can't exchange it or don't use it for anything, it seems to me it would be a lot less enjoyable.

Of course. Money is a medium of exchange after all.

I do "hoard" it somewhat, but only so I can exchange it for something else at some point in the future. Also, the way I (and a lot of other people) "hoard" it, the money earns more money as I hold it in an investment vehicle, and I exchange the earnings for goods and services. The more I hold in investments, the faster it grows.

 

[arakboss]

I am temporarily going to heed some spending advice given here and hold off on spending $500 a month stocking up on gun stuff. Exceptions will be magazines as I am still convinced those will be restricted soon and crazy good deals on powder ($15ish a lb) or large rifle primers ($40 or less per brick).

Over the remainder of the year, I will get a better idea of what parts I need to complete builds of receivers and frames I already own. Once I do resume regular spending, I will focus on getting those parts first, rather than just buying every great deal that comes along.

This will allow me to put a few more bucks in my savings acct and make some more contributions to my Roth. At the beginning of the year I will reevaluate my situation and see if my priorities have changed.

 

[Herkemer]

I've been stocking up. M114 made me want to get it done now. I didn't care one way or the other about stocking up before retirement until M114 came over the horizon. Since both are close, I went all in making sure to get the serialized stuff first if possible. Lowers, pistol frames, Remington 700 actions, Ruger MKIV Barrels (Thats actually the serialized part on those pistols), magazines, a big pile O' Glocks, long time rifle and pistol wants, another safe, ammo, ect.

I don't want to do a purchase license or any of that other stuff that they're trying to enact.

There is still some things I want, but, if the hammer dropped now, I'd be able to play for a long time. I'd still be PO'ed, but I'd power through it.

 

[ig720]

Some like to invest in gold and silver but I prefer lead and brass.

Definitely keep an eye out as things are somewhat returning to normal and a good time to add.

 

[ktgee]

It seems to me that excessive stocking up can be considered impulsive spending. I made a bunch of buys before Measure 114 passed and ended up selling a bunch of stuff at a loss after realizing I stocked up on too many guns and mags.

I have what I need and don't need any more guns, that's what I tell myself. But every year I see a new or a nice used gun that I want to own. So, I will continue to buy even when the law is enacted.

In my opinion, I'll pay the fees for the license to purchase a firearm if I want to continue to own new guns. Gun buyers from 14 states and soon-to-be 15 states have similar laws, and have to go through this process to buy a gun.

 

[Bobbygun]

I stocked up on too many guns and mags.

Isn't that like stocking up on unicorns? There is really no such thing.

I have what I need and don't need any more guns, that's what I tell myself.

You're lying to yourself.