Pisgah
Member
Sounds like the classic and well-respected "buy high, sell low" set-up for financial failure to me...
$$$ Ammo as an investment
- Thread starter Backlighting
- Start date
The biggest dividend of buying large amounts of ammo is making you a better shot...As an investment, pre war Smiths and Colts would be better in the long run.
smokindog
Member
Hmmmmm, investment.
Many different ways to view that.
I'm investing in ammo/components because it ain't getting any cheaper and it ain't gonna get any cheaper. I won't spend money that I don't have and I'll only spend money that would be left in "cash". I also will only buy what I believe I can consume in my remaining years.
With those parameters, ammo/components have been a great investment of late.
IF I believed we'd get to SHTF, I think there is merit to the bartering theory but I'm more inclined to believe food on the table and self defense is the goal. Fortunately, there are so many incapable people roaming the streets that the herd will thin of its own inability to survive.
Many different ways to view that.
I'm investing in ammo/components because it ain't getting any cheaper and it ain't gonna get any cheaper. I won't spend money that I don't have and I'll only spend money that would be left in "cash". I also will only buy what I believe I can consume in my remaining years.
With those parameters, ammo/components have been a great investment of late.
IF I believed we'd get to SHTF, I think there is merit to the bartering theory but I'm more inclined to believe food on the table and self defense is the goal. Fortunately, there are so many incapable people roaming the streets that the herd will thin of its own inability to survive.
TXSWFAN
Member
,
You're right. Buying any stocks right now at close to their highs Is not sound investing. Some here are suggesting buying a stock after it just doubled.
Op, $10k on ammo is a nice start for your friend. Does he think it will will be cheaper at today's price or a year or ten from now? Better hard assets than 1s and 0s on a computer.
You're right. Buying any stocks right now at close to their highs Is not sound investing. Some here are suggesting buying a stock after it just doubled.
Op, $10k on ammo is a nice start for your friend. Does he think it will will be cheaper at today's price or a year or ten from now? Better hard assets than 1s and 0s on a computer.
If he was sitting on $10,000 worth of anything else, would the same "bad dudes" just ignore him? Or if he tried to sell any other commodity to his friends at a rip-off price? Also ammo seems very non-value-dense. It weighs a lot for what it is worth. So it would be a bigger pain to steal than almost anything else of similar value.
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