Thread: Guns lose value
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Old 05-16-2017, 10:42 PM
oloung1 oloung1 is offline
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Join Date: Nov 2015
Location: fl.usa
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Quote:
Originally Posted by gman51 View Post
If you want to feel good about what you paid for a gun then go to the Gander and gander at their gun prices. You will feel you got a deal on yours.
too bad gander is closing..

Quote:
Originally Posted by Yeahya View Post
However, I don't see a 30,000 dollar cars price being cut in half at the dealership. Nor does a decent car in good shape lose half its value in one year with low miles in excellent condition.
know how i know you don't know much about cars? check out any current s-class merc or 7 series bmw that is 12-36 months past the year model and compare the MSRP to the current dealer prices. anywhere from 40-60% cut depending on location, options, mileage and condition.

if you are truly looking at a S&W shield as an "investment vehicle" not only is it a depreciating asset but it is a fixed cost. so not only did you buy something designed to loose it's value but it doesn't even net you any cash flow. great investments not only appreciate but provides dividends and/or reoccuring income.

so there are 3 choices left: a) sell at market value, with a poor rate of return, b) hold for long (but use it, leveraging the opportunity cost of you holding on to it but enjoying it) - in the hopes you minimize your poor rate of return or c) don't even use it or shoot it - leave it as a paperweight in your safe - which effectively turns your "fixed cost" into a "sunk cost".

for another S&W forum member in need, im available to help you go through choice A so that you have more capital to invest in your favorite glock stocks
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