Quote:
Originally Posted by oloung1
too bad gander is closing..
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
|
Plethora of variables here
Next time unbutton your top button, and read the whole thread! Not an "investment"...we got it! Has nothing to do with what I'm saying! Any stock tips? Notes taken, don't shoot it, not a car,.......duh and I thought it was gonna be worth a lot by this time Lenny!