Ever notice how many shotguns are new and "never been fired"?

heronfish said:
If all you've done for decades is just barely get your money back while not getting any enjoyment from it, you've lost your shirt given inflation. If you had chosen to collect something unique or high grade it's a different ballgame.
Nothing from the hardware store is worth collecting dust.
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Lets just say when I sold off 2/3 of my gun collection in the past few years I did better than any other investment including rrsp for that period. Only one I did better on was muscle cars Yes sir I was told when I bought my 70 chevelle used in 74 for 1800 I was crazy now worth 75K
Plus one wingmaster is all I need for enjoyment rest can stay in the safe
To each their own
Cheers
 
To each their own.

But I can promise that if you put that purchase price of a wingmaster from the 70s into simply the a mutual fund of conservative mea sure that has increased like the index and simply let it growth, it would be worth far more than what that outdated wingmaster is now, plus you haven't had to insure it, move it, potentially damage it or have it stolen in that time.

I have guns. I enjoy them, both in looking at them and shooting them.
Anyone storing one in the box is simply wasting the time it could be enjoyed and allowing whoever the estate sells it to the opportunity. So for that, I thank you. Too bad it's wingmasters you hoarded though, I wouldn't be caught dead with that scrap iron.
 
I bought a shotgun several months ago because a buddy wanted me to go duck hunting with him. Well now I barely can get him to say boo to me. Plus I never really had any interest. I found I like PPC and pistol shooting better, so why not sell mine and get something else I can actually use.
 
heronfish said:
To each their own.

But I can promise that if you put that purchase price of a wingmaster from the 70s into simply the a mutual fund of conservative mea sure that has increased like the index and simply let it growth, it would be worth far more than what that outdated wingmaster is now, plus you haven't had to insure it, move it, potentially damage it or have it stolen in that time.

I have guns. I enjoy them, both in looking at them and shooting them.
Anyone storing one in the box is simply wasting the time it could be enjoyed and allowing whoever the estate sells it to the opportunity. So for that, I thank you. Too bad it's wingmasters you hoarded though, I wouldn't be caught dead with that scrap iron.
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A Wingmaster bought new in the 70's and sold now would show something like a 300-500% return on investment. I doubt an index fund could do that.
 
heronfish said:
To each their own.

But I can promise that if you put that purchase price of a wingmaster from the 70s into simply the a mutual fund of conservative mea sure that has increased like the index and simply let it growth, it would be worth far more than what that outdated wingmaster is now, plus you haven't had to insure it, move it, potentially damage it or have it stolen in that time.

I have guns. I enjoy them, both in looking at them and shooting them.
Anyone storing one in the box is simply wasting the time it could be enjoyed and allowing whoever the estate sells it to the opportunity. So for that, I thank you. Too bad it's wingmasters you hoarded though, I wouldn't be caught dead with that scrap iron.
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Sorry but I laugh now when people tell me where to put my money. Put it into investments they say and lose almost 1/2 after 911 and mine is still not 100% back to where it was
All I know is my dad was just a coal miner and we were far from rich and I started with nothing but I managed to retire comfortably at age 46 so I must have done something right with my money can you say the same with your investments
My best investments ever was buying up NOS vintage 60's chevrolet parts by the truck load that dealers were tossing. Small example NOS 66 compass. New in 66 GM sold it for$6.00 same compass sold on e-bay in 2007 for $2300 US and you want to talk about return on investments especially corvette, chevelle and camaro parts from the late 60's early 70's are better than gold. Another a set of four dated chevelle spiral shocks bought in 79 from gm for $120 and stashed sold in 2010 for $1800 US. I could go on for days
All the best

Let's just say if someone took their investments and bought this they would never worry about money again and would be retired within a month
http://www.superchevy.com/news/1506-unearthed-thousands-of-n-o-s-chevy-parts/

Too bad he didnot sell off before he died to see what a smart investment he made but he sure took care of his mrs. Big Time
 
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bdft said:
A Wingmaster bought new in the 70's and sold now would show something like a 300-500% return on investment. I doubt an index fund could do that.
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Exactly :) or how about a model 12 28ga that was just over $100 bucks for $7500 now or model 21's and yes I have those stashed also but only a couple sadly since there was very few in this area back in the day:(
Cheers
 
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dilly said:
I bought a brand new wingmaster in the early 80s for around $500. So, how exactly could I have made money?
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You bought it too late to do anything with new. In the late 60's they could be had new for just over $100 and they were like 69.00-79.00 new prior in the 50's and early 60's. Mind you you could have made a few dollars gathering used ones in the 80's since they were selling cheap
Cheers
 
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A simple inflation calculator will tell you that $100 purchase price is worth roughly $640 today. If your bare bones 12 wingmaster is worth that, I would be surprised.
 
heronfish said:
A simple inflation calculator will tell you that $100 purchase price is worth roughly $640 today. If your bare bones 12 wingmaster is worth that, I would be surprised.
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??? And what difference does inflation make on my money today that I spent in 1965 ?? I have the wingmaster I am not buying one in 2017
 
3macs1 said:
You bought it too late to do anything with new. In the late 60's they could be had new for just over $100 and they were like 69.00-79.00 new prior in the 50's and early 60's. Mind you you could have made a few dollars gathering used ones in the 80's since they were selling cheap
Cheers
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And had you bought a house in Vancouver in the 60s, your $70 000 house would be worth 4 million now.

The problem with that style of investing is you have to get lucky. Buy stuff at the right time, sell at the right time. Not to mention those assets are not liquid. You have to find a buyer, which isn't always easy especially if you need (or even just want) money now.

Muscle car parts are worth a fortune now, but millennials largely don't care about cars so 20 years from now they might be barely worth more than scrap. Who knows? Nobody. It's a gamble no matter what you invest in.

As for what difference inflation makes on a purchase made in the 60s, that's simple. Had you invested in something that earns at a rate greater than inflation (which shouldn't be too hard to do) then you'd have more money than your wingmaster is worth.
 
Suther said:
And had you bought a house in Vancouver in the 60s, your $70 000 house would be worth 4 million now.

The problem with that style of investing is you have to get lucky. Buy stuff at the right time, sell at the right time. Not to mention those assets are not liquid. You have to find a buyer, which isn't always easy especially if you need (or even just want) money now.

Muscle car parts are worth a fortune now, but millennials largely don't care about cars so 20 years from now they might be barely worth more than scrap. Who knows? Nobody. It's a gamble no matter what you invest in.

As for what difference inflation makes on a purchase made in the 60s, that's simple. Had you invested in something that earns at a rate greater than inflation (which shouldn't be too hard to do) then you'd have more money than your wingmaster is worth.
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You are 100% right on the timing and the muscle car parts which is why I sold off 95% between 2000 and 2010. The timing was perfect and yes maybe I did get lucky. They will be worthless in 20 years for sure. The car shows opened my eyes and told me it was time. Every muscle car there had an old dude like me driving it for the most part

Did the same thing with a lot of my guns which are now prohibs in the 70's and got lucky again

I am ok with where my wingmasters are today for what I have invested in them A LOT better than a collection of ducks unlimited guns I had :(.
In fact they were the only guns I can honestly say I lost on
I also had no luck with these so called great returns in other areas and for me these investments if I had of stayed there was no freedom 55 plan as promised and many of my buds who did hang on will be working until they are 80
take care
 
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bdft said:
Collecting guns is a lot more fun than a savings account.
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You got it and the few hundred bucks here or there who the hell cares and who cares if it's an old Remington Wingmaster or a high grade Model 21, or finely engraved A.H. Fox or Parker because when we're sitting in the nursing home wett'n our britches and drooling on our shirt good memories will bring enjoyment and put a big smile to our faces remembering those fine guns, Harleys and high performance cars we had during our life. . Topped off with the love a good woman, how could we ask for more. . Or live like Scrooge and let the kids fight over the money.
 
Rod said:
You got it and the few hundred bucks here or there who the hell cares and who cares if it's an old Remington Wingmaster or a high grade Model 21, or finely engraved A.H. Fox or Parker because when we're sitting in the nursing home wett'n our britches and drooling on our shirt good memories will bring enjoyment and put a big smile to our faces remembering those fine guns, Harleys and high performance cars we had during our life. . Topped off with the love a good woman, how could we ask for more. . Or live like Scrooge and let the kids fight over the money.
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Exactly. There is more to life than getting ulcers over wondering if a few more dollars could have been made if a different investment path was chosen. No one else really cares except maybe for some money grubbing heirs.. If one is happy with whatever path was chosen, that's all that's going to matter in the end.
 
Friend of ours has a anniversary Harley motorcycle still on the crate. He will die never seeing that bike.
His kids will likely sell it for a profit.

Tell me again how much enjoyment he got from that bike, compared what he could be getting doing a cross country tour. Same applies to guns.
 
I held a 20ga model 21 in my hands last week that was engraved by Angelo Bee while visiting William Larkin Moore in Scottsdale.

It had been fired though....

$12,000 USD
 
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