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So a gun guy passes away and his stockpile of ammo goes cheap in an estate sale. And an FFL cashes in.
That is probably what is going to happen to most of OUR ammo stashes her on NES.
Anything that gets sold for estate sale $$$ was most likely not a good investment. Because that is what the people buying it are doing, making a short term "investment".
Ammo is a stable investment, but not one with a high return over time relevant to the market.
LOL........... You must not have kids just like me. Because if I did then I would actually GAF what I was leaving behind.So? WGAF. I (or wheover) will be dead and not care. The whole win of stockpiling is so you can shoot normally while everyone else is running around armflapping in hysterics during the next ammo panic.
LOL........... You must not have kids just like me. Because if I did then I would actually GAF what I was leaving behind.
I learned that lesson after the Clinton era ammo and reloading component panic.
I haven't been impacted by any of the shortages since then.
I don't buy ammo for the specific reason to sell it for a profit later.
It also just gives that warm aura having it aroundSo? WGAF. I (or wheover) will be dead and not care. The whole win of stockpiling is so you can shoot normally while everyone else is running around armflapping in hysterics during the next ammo panic.
The answer to the OP is: No
Have a look at the S&P 500 index for the last 3, 6, or 12 months whatever. As it was said here ammo is an insurance policy not an investment.
Hope y'all are smarter with your retirement savings
Hope y'all are smarter with your retirement savings
This. In order to make life-changing money, the up front capital costs would be so extreme that it would take years to recovery to be back to zero, all the while you're digging a bigger hole as you accumulate more and manage it more. That said, I barter lots of ammo that I bought over the last ten years that has increased in value by maybe 50%, but even then, it's more out of convenience and cash flow management than huge profits. Another thing to keep in mind is that 9mm WWB at Walmart in 2008-ish was $20 and today New Republic at TSUSA is about $21 so if you went all in on 9mm, look at that potential return over ~15 years.It's still not going to be life changing money off of one or two cases
Nothing is more easy than that stock market that I can think of...... if you feel like selling.....you can obtain liquidity faster than anything out there without storing or having to keep safe anything pretty much. A few clicks of the mouse and i netted 3 grand profit end of year tax loss harvesting and rebalancing from one of my portfolio's the other day. No work, no BS, no storage, no paperwork, nothing really. Same thing with BTC....scabbed the initial investment money off of it because it doubled, and now the investment is all house money. . But zero work except throwing money in and hoping.Yep, solid retirement plan with investments and 401k. The ammo thing is just something else and fun!
5 figure in profit?when I do sell I expect I’ll clear into the 5 figure area. Not bad for letting something sit.
Yup. I have probably 200 rounds of GP-11 left but I have a ton of my 7.5x55 reloads on hand. On top of a ton of primers and powder.I've been selling ammo these days.
I peddled a bunch of GP-11, 30-06 M2 ball, 7.62X54 silver and yellow tip.
Ammo is not an investment
The old saying of buy it cheap and stack it deep is a little bit comical.
Ammo prices for common calibers is pretty cheap right now.
Odd ball calibers like 7.5X55 Swiss are catch if you can.
Folks here need to learn how to roll their own.
There is savings in rolling your own....for sure...especially if you shoot larger calibers.I've been selling ammo these days.
I peddled a bunch of GP-11, 30-06 M2 ball, 7.62X54 silver and yellow tip.
Ammo is not an investment
The old saying of buy it cheap and stack it deep is a little bit comical.
Ammo prices for common calibers is pretty cheap right now.
Odd ball calibers like 7.5X55 Swiss are catch if you can.
Folks here need to learn how to roll their own.
Folks here need to learn how to roll their own.
5 figure in profit?
Or, you can add to your list of "who gets which firearm" a note such as "Bob gets the .22 Winchester plus 25% of the ammo I have for it, Bill gets the Ruger Mk IV plus the rest of the .22LR".So a gun guy passes away and his stockpile of ammo goes cheap in an estate sale. And an FFL cashes in.
That is probably what is going to happen to most of OUR ammo stashes her on NES.
Disagree completely. An investment is something you purchase in hopes it will generate a profit. So based on that I'd say if you buy today, the price will be higher in the future. The question is what is the ops expectation? If he is expecting a $10 box of 9mm to be worth 50 probably not. If he thinks he can double what he paid? Absolutely. And can make even more during the next panic if he wants.The answer to the OP is: No
Have a look at the S&P 500 index for the last 3, 6, or 12 months whatever. As it was said here ammo is an insurance policy not an investment.
Hope y'all are smarter with your retirement savings