22-rimfire
Member
If you don't know much about guns, I would stick with mutual funds. Even if you do, you will still do better on the average with mutual funds. But they aren't as much fun.
But if you like guns and they are more than just investments, by all means buy some for pride of ownership with investment potential. For example, I like Colt Diamondbacks (a lot), I have a number of them but for years they sat at the $350-$450 price range. People at that time said they were too expensive same as they do now. Now in the last few years, the values have been increasing fairly rapidly when compared to what has occurred over the last 20 years. Some would say, oh wow, very good investments. But, I just bought them because I like them and not really for any other reason.
With internet sales, there is a higher potential to sell at true market prices as an individual. If you sell to a dealer, you will probably be selling at about 70-80% of their maket value.
But if you like guns and they are more than just investments, by all means buy some for pride of ownership with investment potential. For example, I like Colt Diamondbacks (a lot), I have a number of them but for years they sat at the $350-$450 price range. People at that time said they were too expensive same as they do now. Now in the last few years, the values have been increasing fairly rapidly when compared to what has occurred over the last 20 years. Some would say, oh wow, very good investments. But, I just bought them because I like them and not really for any other reason.
With internet sales, there is a higher potential to sell at true market prices as an individual. If you sell to a dealer, you will probably be selling at about 70-80% of their maket value.