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But, per the OP, you don't get the money unless you spend it on guns. So those 40 year old guns are more valuable than the $0 value you would have if you didn't buy the guns. Of course no one is giving anyone $5000 to do anything with anyway so it's really a moot point.Jumping Frog wrote:Well, you say $5000 "to blow". I would think through what it would cost me to blow it.
For example, a 28 year-old could blow it on various gun purchases. Or, he could put that $5000 into a Roth IRA. Investing in a good mutual fund at say 12% return means that would be worth $465,000 at age 68.
Personally, a few guns at age 68 that I have owned for 40 years would not provide the same level of satisfaction as a well-funded retirement account.
Guns are a fairly liquid asset (easily sold) and thus an investment choice is still on the table. Which asset to own - guns versus mutual fund - is always a choice.jmra wrote: But, per the OP, you don't get the money unless you spend it on guns. So those 40 year old guns are more valuable than the $0 value you would have if you didn't buy the guns. Of course no one is giving anyone $5000 to do anything with anyway so it's really a moot point.
I'll let you know what I decide to do as soon as the OP sends me the 5 grand.Jumping Frog wrote:Guns are a fairly liquid asset (easily sold) and thus an investment choice is still on the table. Which asset to own - guns versus mutual fund - is always a choice.jmra wrote: But, per the OP, you don't get the money unless you spend it on guns. So those 40 year old guns are more valuable than the $0 value you would have if you didn't buy the guns. Of course no one is giving anyone $5000 to do anything with anyway so it's really a moot point.
I'll even provide receipts!jmra wrote:I'll let you know what I decide to do as soon as the OP sends me the 5 grand.Jumping Frog wrote:Guns are a fairly liquid asset (easily sold) and thus an investment choice is still on the table. Which asset to own - guns versus mutual fund - is always a choice.jmra wrote: But, per the OP, you don't get the money unless you spend it on guns. So those 40 year old guns are more valuable than the $0 value you would have if you didn't buy the guns. Of course no one is giving anyone $5000 to do anything with anyway so it's really a moot point.
You fellers act like he isn't sending the money. I already bought the Colt Python on gun broker. The seller is awaiting payment.WildBill wrote:I'll even provide receipts!jmra wrote:I'll let you know what I decide to do as soon as the OP sends me the 5 grand.Jumping Frog wrote:Guns are a fairly liquid asset (easily sold) and thus an investment choice is still on the table. Which asset to own - guns versus mutual fund - is always a choice.jmra wrote: But, per the OP, you don't get the money unless you spend it on guns. So those 40 year old guns are more valuable than the $0 value you would have if you didn't buy the guns. Of course no one is giving anyone $5000 to do anything with anyway so it's really a moot point.
Dave Ramsey?!?!? I thought you lived in Tennessee.Jumping Frog wrote:Well, you say $5000 "to blow". I would think through what it would cost me to blow it.
For example, a 28 year-old could blow it on various gun purchases. Or, he could put that $5000 into a Roth IRA. Investing in a good mutual fund at say 12% return means that would be worth $465,000 at age 68.
Personally, a few guns at age 68 that I have owned for 40 years would not provide the same level of satisfaction as a well-funded retirement account.
Tooling is so 20th century. How about 3D Printing? http://www.businessinsider.com/3d-print ... un-2013-11TBJK wrote:I'd buy the tooling to build firearms. Nothing fancy but just a milling machine, lathe & I don't think id have enough left over to buy a broaching maching to rifle the barrels.
Jumping Frog wrote:Well, you say $5000 "to blow". I would think through what it would cost me to blow it.
For example, a 28 year-old could blow it on various gun purchases. Or, he could put that $5000 into a Roth IRA. Investing in a good mutual fund at say 12% return means that would be worth $465,000 at age 68.
Personally, a few guns at age 68 that I have owned for 40 years would not provide the same level of satisfaction as a well-funded retirement account.
I've been looking at getting a 3d plastic printer. I have been playing around with openscad & designed some light pods for my Jeep. A lot of people like the makerfarm from what I've seendrjoker wrote:Tooling is so 20th century. How about 3D Printing? http://www.businessinsider.com/3d-print ... un-2013-11TBJK wrote:I'd buy the tooling to build firearms. Nothing fancy but just a milling machine, lathe & I don't think id have enough left over to buy a broaching maching to rifle the barrels.
The patent on 3D printing metal runs out in 2014. I am scouring kickstarter every day to see if someone will come out with a 3D metal printer. I missed the 3D Laser printer on kickstarter because they were sold out (over $1 million in sales) in the first HOUR. I have a 3D plastic printer and it is great. I can make holsters, gun grips, and flowers for Valentine's day. However, it cannot make a durable gun because the barrel and bolt will have to be metal. Besides, Sen. Steve Israel passed that law banning 3D printed plastic guns.