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I think you should buy...: A different investment idea: Buy Guns!

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  1.  Report Post# 1
    • CommentAuthordharouff
    • CommentTimeMar 6th 2009
     Report Post# 2
    During the early 80's recession a fellow at work said to buy gold I said single shot .22's would be a better investment. He said "so you could take my gold" I said "no, but I could shoot food"
    Though I couldn't imagine a nation of squirrel and rabbit hunters. But I am afraid that most of the new buyer have know knowledge what they are buying or how to correctly use them.
    • CommentAuthortuck
    • CommentTimeMar 6th 2009
     Report Post# 3
    Risk assessment of low probability catastrophic events is notoriously poor. On top of that managing those risks also tends to be faulty. Lumping together risks that can be controlled with those that one has little or no control over and saying" why bother".

    By all means have firearms but remember the most important protection is to be sharp and alert.
  5.  Report Post# 4
    I wasn't suggesting buying GUNS.

    What are your thoughts about buying SWHC (Smith & Wesson) or RGR (Strum, Ruger & Co)?
    • CommentAuthortuck
    • CommentTimeMar 6th 2009
     Report Post# 5
    I know I was. RGR and to a lesser extent SWHC have obviously been standouts recently with traders. But there are those pesky longer term risks from lawsuits and the gov. Finding plausible long term investments is really really hard right now.
    If I had to make long term investments I would probably go with the Schiff/Rodgers far east and commodities approach. I lack faith in the far east because of all the baggage they carry. That Schiff thread hasn't exactly gotten a tremendous response.

    There has even been a marked decline on intra-day trading on news recently.
  8.  Report Post# 6
    Fear is paralyzing, tuck. It will take something big to trigger a massive surge or sell-off.
    Thankful People: dharouff, Darrell

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