buying ammo as investment

Trust me, it's a mess when you are moving... Movers won't touch the stuff and it's a pain to move on your own...
 
gunguy23 said:
I bought extra ammo when I was able to and now I am finding it hard to sell. For one I took it out of the spam cans/boxes they came in and put it in brand new ammo cans for long term storage. It seems people don't like to buy it by the ammo can like that.
Also finding it hard to price the ammo. How much below where you can find it new should you price it? I know its not like a vacuum cleaner where it looses so much value from use. I have mostly norinco 7.62 and 5.56 I want to get rid of it because I don't like using it in my high end guns. I've tried putting up ads, putting some ammo for sale on consignment at a local pawn shop. It's funny all the ammo I had neglected to take out of the factory boxes I sold instantly but now I'm stuck with all these ammo cans I can't sell.
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if it can make you feel better, I'd buy you some ammo, but you live way to north lol. Maybe your geolocation is an issue!
 
Robert Nicholson said:
I think DILLIGAF shoots all his ammo rather than selling it. Probably, the ammo he has bought, has never come on sale at a lower price than what he bought it at. A dollar saved is a dollar earned.
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I made a sweet 25% on Norc .223 ammo... I should have bought more than 10k...
 
z060-0 said:
Glad I got out of the market last year. Put my money in GIC. No worries, sleep well at nite, sure of a gain.
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You were the smart one. Me just STUPID for staying but it could have been worse. Now I have to wait for it to come back and for god knows how long to move anything
Cheers
 
Ammo prices usually go up esp 556 and 22LR
But if you bought at the hype of 22LR shortage you'd be losing money right now like those guys trying to pawn off there stash for $50/brick
 
You invest to profit later, or build an inheritance to be handed down.

Unless you plan to sell the ammo locally and not burn up profit on shipping fees, you are just shopping smart when you stock up on ammo you plan to shoot in the future, which is a good thing!
 
Ammo has been a good investment for the past few years. Will it stay that way? supply and demand, if supply increases and demand decreases then it will not be a good investment. Many folks spend their lives betting on the future, some do well some don't.
 
timandkimandshea said:
"You would be better off just sticking your extra money in a high interest savings account..."
Great, show me the way
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They did mention land and gold ;)

The problem with land is that you pay taxes on it. You also pay interest if it is financed. When you want to sell it you need to find a buyer and potentially pay commission/fees/taxes on the sale. Also there's no guarantee you'll find a buyer that meets your price.

Gold had a its best first quarter in 30 years. Sure it's not very useful for hunting or self-defense, but it's been recognized as currency for thousands of years. Plus it's shinny! Silver is historically well below its value ratio to gold and will likely fare even better. And if you cast your own bullets the silver would be useful if there's ever an infestation of Werewolves.

Even "high interest" savings don't keep up with inflation. Besides, the banks can "bail in" your dollars if they get in trouble. The dollar's relative value could tank (more) etc.

The ammo I have has certainly gone up in price significantly since I purchased it. However I don't see it as an investment. I just like knowing I have "enough" (for now). The cost of food has risen far more in the same amount of time. Everything is relative. Ammo isn't getting more expensive, our dollars are losing value.
 
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