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Joined: Jan 2002
Posts: 13,154 Likes: 1152
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 13,154 Likes: 1152 |
Hi Jimmy, Good to hear from you again. It's been awhile. Hope you're enjoying your traveling, and travel you can, in a C6. Your comment about caressing a gun like a beautiful woman reminds me of something from years ago. In a trade, I acquired a high condition 16 ga. L.C. Smith with very long legs, 32" inseams, in fact. Quite a beauty. I was at a three day S x S shoot, and staying in a cottage house on the range property. I carried the gun around some that afternoon with me, shot her a little, and dubbed her "Susie". I fell asleep with Susie in my arms that night, and awoke with her right beside me. We "bonded". As to the OP's question, some are priced low, some are priced high, and some are "normal". If you want the low priced ones, it is a good time to buy. If you want the high priced ones, it is a bad time to buy. There will always be anomalies in the pricing of any gun type and make/model. It is those anomalies that you look for when buying ........ guns that are worth far more than the asking price. They don't come along everyday, but someone finds one every day, somewhere. Patience is the key ........ that, and knowing the market. It takes time to learn the market on specific guns. Always remember to try to isolate your decision, to purchase, from emotion. If you're like most of us, you won't be able to, but it's still something to aspire to. If you can do so, you will save lots of money, and have a better chance of not getting upside down on a gun. SRH (student of the School Of Hard Knocks)
Last edited by Stan; 08/21/16 07:07 AM.
May God bless America and those who defend her.
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Joined: Feb 2002
Posts: 14,126 Likes: 198
Sidelock
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Sidelock
Joined: Feb 2002
Posts: 14,126 Likes: 198 |
I have several points to make, a couple on this post. #1, follow your stockbroker's advice and buy in all markets, up and down. #2, knowledge is king. People who know a lot about guns and collecting make the best buys, in fact, the only good buys. There is no point in keeping your nose to the ground if you don't know what a good gun smells like.
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Joined: May 2008
Posts: 8,158 Likes: 114
Sidelock
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Sidelock
Joined: May 2008
Posts: 8,158 Likes: 114 |
Follow your stockbroker's advice, hey. You know why Old Joseph Kennedy bailed out of the market in September 1929-and went into liquid assets (the Scotch he smuggled was part of them)? Because he heard his shoeshine boy that morning say- "Mista Kennedy, I's gonna invest in de stock market"_-Kennedy figured that there was something way wrong with the market then if his shoeshine boy could afford to play in it, on margin.
My wise Irish Grandfather, who never trusted bankers or the market, answered very wisely for me many of my boyhood questions- simple and direct answers- no "beatin' around the bush"- so to speak. We were holding his Model 12 12 gauge one night, after a big shoot- cleaning it- and I asked him about stockbrokers-
So he used the M-12 broken down as an example, long before the USMC taught me that "field stripping" does NOT involve Gypsy Rose Lee- Son, you strip down that big word into its component parts, and what do you get? Stock and broker, right? So- you buy the stock he is touting, and when it goes into the crapper, as they all do sooner or later, which one of you goes "broke-er" first". He would have seen Bernie Madoff coming ten miles away on a cloudy day.
He also taught me two other valuable concepts, almost akin to Mario Puzo's great character based on real life, Don Vito Corleone. (1) If you want to know what is going on inside any business, make friends with the janitor- (2) Always go out of your way to befriend what the late Leona Helmsley called "the little people" If you are ever hauled into a court of law, there will be more of them in the jury pool than the Koch brothers..
Last edited by Run With The Fox; 08/22/16 09:35 AM.
"The field is the touchstone of the man"..
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Joined: Jun 2002
Posts: 9,350
Sidelock
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Sidelock
Joined: Jun 2002
Posts: 9,350 |
What you say, Fox, jibes perfectly with my experience. I made money listening to my mother: Buy land, only land if you want to profit while living on it.
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Joined: May 2008
Posts: 8,158 Likes: 114
Sidelock
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Sidelock
Joined: May 2008
Posts: 8,158 Likes: 114 |
Your mother must have been a serious student of the late mark Twain- Land is always the best investment, as God only made just so much of it to go around. My mantra 100%.
"The field is the touchstone of the man"..
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