Posted by Brendon-KS on January 01, 2017 at 05:56:06 from (63.245.191.88):
In Reply to: Investments 2016 posted by MarkB_MI on January 01, 2017 at 05:24:56:
The difference here, though, is that you're comparing the retail buying price of something against the actual cash value of something else. If you buy stocks or gold at one price and the price increases you can always sell them/it at the new higher price and turn a profit. However, if you buy something at retail price now you probably won't be able to sell it at a higher price later unless what you buy is something very special and you hang onto it long enough for a collector/investor market to develop. For many common, garden-variety firearms that are still in production this probably won't happen anytime soon if ever. And, you would need to keep it in new-in-the-box, unfired condition to have the best chance at a profit. There are exceptions, though. The nice condition Winchester 94 Trapper in 357 caliber I bought six or seven years ago is currently selling at on-line auctions for about double what I paid for it. But, had I put the same money into certain stocks back then the money would have increased a lot more. Either way it is a gamble. (The other side is that stocks are something you don't get "attached to" - I probably won't be selling my Winchester any time soon regardless of value because I like it too much!)
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