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tobnpr · November 1, 2011, 05:44 PM

The home you bought in 2006 was supposed to keep going up exponentially in value too, wasn't it? After all, real estate had NEVER depreciated before...

My current belief is, just like those that still hold to the "if you buy and hold for at least 10 years in the stock market, you'll make a decent return"-always has been that way..." is also out the window.

"Things" that are hot collectibles today, may not be so tomorrow.

I'd never buy a firearm at current market value as an investment. Only if it were severely discounted and a real "steal"...

A rifle, handgun, classic car, or home....doesn't matter. It's "worth", is exactly what someone is willing to pay you for it, on the day you sell it. No more, no less.

November 1, 2011, 05:44 PM	#7
tobnpr Senior Member Join Date: August 1, 2010 Location: Tampa Bay Posts: 4,556	The home you bought in 2006 was supposed to keep going up exponentially in value too, wasn't it? After all, real estate had NEVER depreciated before... My current belief is, just like those that still hold to the "if you buy and hold for at least 10 years in the stock market, you'll make a decent return"-always has been that way..." is also out the window. "Things" that are hot collectibles today, may not be so tomorrow. I'd never buy a firearm at current market value as an investment. Only if it were severely discounted and a real "steal"... A rifle, handgun, classic car, or home....doesn't matter. It's "worth", is exactly what someone is willing to pay you for it, on the day you sell it. No more, no less.