Quote:
"I have several stocks that are up 400% plus over the last five years. One stock is up 300% in little over a year. More blind luck than brilliant investment strategy. None of my guns are up anywhere near that amount, or perhaps at all, in the real world"
This isn't surprising to me when you consider the market is manipulated. However; A 400% increase now could turn into a 400% decrease next month next year or whenever the manipulators decide to take the market South. If I was a stock market "investor" I should have been smart enough to buy either Ruger or Smith & Wesson stock back when the current occupant of the White House moved in.
I've never in my life bought a firearm as an investment. They've been purchased either to use or because I enjoy having them in my personal collection. Having said that; I frankly don't ever remember the prices of good older firearms going down significantly. Are some of the firearms I own worth more then I paid for them ? Yes but how much of it has been due to inflation?
I was told the other day that $100 will now buy what $7 would back in the 1950's.
Using an old tired but still true statement - We are just caretakers of these items anyway.
Enjoy what you have while you're here and can do so and let your heirs worry about what they are worth.
Jim
