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Best way to spend?
seb1999
Member Posts: 343 ✭✭✭
Since "George" has printed some more money and is sending a check I would like to have your opinion as to how I should spend it.
The two choices I have are:
Colt Ace as new in box with all papers probably $1,350. or
Smith & Wesson Model 41 with 5" and 7" Barrels as new in box probably $950.
I know guns are really not investments but I do believe they are a good hedge on inflation.
Which is the best choice?
The two choices I have are:
Colt Ace as new in box with all papers probably $1,350. or
Smith & Wesson Model 41 with 5" and 7" Barrels as new in box probably $950.
I know guns are really not investments but I do believe they are a good hedge on inflation.
Which is the best choice?
Comments
Just hope you aren't like the poor dude who made the front page our local paper. He and wife were anticipating the maximum pop; modest income, taxes paid every year, no alimony in arrears, etc.
They each got $40.00.
p.s. Or, if you get the ACE, let me know where the Smith is! [:D]
The $40 payout is a mistake that they can appeal. It was based on an error they made last year by placing an amount in the wrong field on the tax form. The IRS is supposed to have written a program that is going back through, identifying those returns that put the amount in the wrong field and sending additional checks to bring the payout up to the right amount.
What to do, what to do???
Give your wife her share to spend and you buy the Colt Ace by selling off one of your other toys.
With the two barrels, that seems to be great buy.
Since "George" has printed some more money and is sending a check I would like to have your opinion as to how I should spend it.
The two choices I have are:
Colt Ace as new in box with all papers probably $1,350. or
Smith & Wesson Model 41 with 5" and 7" Barrels as new in box probably $950.
I know guns are really not investments but I do believe they are a good hedge on inflation.
Which is the best choice?
You are incorrect about guns not usually being investments. They invest in our 2nd amendment rights, and as far as financial investments go, the right firearms beat the Stock markets blue chips, and most real estate in percentage wise. Standard firearms investing is hard to beat Colt's and Winchester's. Especially the older ones if one has an acquired taste to know what to look for.
Some real men and women take the investment serious enough to start a trust for class III weapons where legally allowed. The price tag on transferrable Class III weapons in the last 10 years has tripled, if not quadroupled. An M-16 10 years ago could be had for3-4 thousand in really good shape. Today they are going for 12-16K.
I won the auction for the S & W Model 41 w/ 2 barrels here on GunBroker but "chickened out" and the Ace went for $1,390. on the "other auction".
Former Member U.S. Navy Shooting Team
Former NSSA All American
Navy Distinguished Pistol Shot
MO, CT, VA.