View Full Version : I'm cashing out my 401ks for AR-15, AK-47, Handguns and AMMO
MY T PIMP
10-28-2008, 03:33 PM
I've got a few 401ks floating around from old jobs that add up to a maybe a few thousand bucks. I figure with the market and who's likely going to control our government next, its a good to move my money and invest in assault rifles and handguns. I don't have an AR-15 or an AK and think it is time to for some new aquisitions.
I'm considering Rock River or Bushmaster BUT,
Please advise me on brands and choices you enjoy and have. :2thumbs:
James_B_Wads2000
10-28-2008, 03:52 PM
I am pretty sure there isn
fourtycal
10-28-2008, 04:15 PM
[quote=James_B_Wads2000]I am pretty sure there isn
I figure with the market and who's likely going to control our government next, its a good to move my money
Don't worry PIMP, regardless of win this the presidential election. The same people that currently control our country will still be in power :nod:
BruteForce
10-28-2008, 04:44 PM
I stocked up on the 4B's quite some time ago and halted any additional 401k contributions until this stabilized. I'm maintaining what's there for now.
4B's =
Beans
Beer
Bullets
Broads
:naughty:
You can't go wrong with the following in your arsenal:
- Mossberg 12ga shotgun (usually comes with a free stub-nosed barrel and pistol grip for home defense)
- S&W 30.06 with an ample supply of ammo and at least a 40x scope
- And finally, at least a Springfield Arms .45ACP SD
:2thumbs:
Edited to add: Can't really help with an AR or AK clone, as I've just never personally had a desire to purchase one. My arsenal at present works just fine without adding that.
Sombeech
10-28-2008, 04:47 PM
[quote=James_B_Wads2000]I am pretty sure there isn
James_B_Wads2000
10-28-2008, 05:13 PM
Actually James, those guns will increase in value much more than the 401k will in the near future. It's a very good investment.
In three months, maybe. In ten years, no way in hell.
Even if you think guns kill kittens, this investment is a wise one.
I just think it is funny that there are people that are actually stupid enough to buy guns just because the Democrats are getting elected. What color is the sky in your world?
PS, same ol' trolls going into the same ol' forums with no history of contribution. :roll: Like all the ATVers who troll the canyoneering forum.
:cry1:
Ah boo hoo
Sombeech
10-28-2008, 05:21 PM
I just think it is funny that there are people that are actually stupid enough to buy guns just because the Democrats are getting elected. What color is the sky in your world?
coming from somebody who doesn't know how the market works...
Guns are more valuable when restrictions are placed on them.
I'd hate to fill up a whole page with ammunition ban history vs increased value, but I'll just give you an example from @4 years ago.
The ban expired on a certain ammunition clip. The price dropped. Production was up, supply was up, demand was up.
Economics. Not emotions, but economics. This is not a political subject, only to forecast that guns and ammunition will increase in value by next year.
Guns will most likely have great restrictions on them soon, so if you are smart, you'd invest in some. Then sell when it is forecast that the ban will be lifted.
Believe it or not, some people just don't give a shit about political debate.
James_B_Wads2000
10-28-2008, 05:47 PM
coming from somebody who doesn't know how the market works...
You
REDFOX
10-28-2008, 07:45 PM
AK-47's will be the least expensive and less accurate for longer range shooting. As for AR-15's, I think that the Rock river models are the best out of the box. I would like to build one myself with all of the good parts. Plan on getting on a waiting list, as they are about 12 weeks out. I haven't checked lately on .223 ammo, but earlier this year there was a huge shortage due to the manufacturers sending supplies for the war. I went to 4 different stores besides 2 sportsman warehouses in one day and none of them had any .223 ammo.
Sombeech
10-28-2008, 08:01 PM
[quote=James_B_Wads2000]Right! I get it, the gov
ExpUt
10-28-2008, 10:05 PM
I've been stocking up on ammo... I firmly believe that demo gun banners will continue to widdle down on our gun rights and I think they will start with access to ammunition. I've got ~10k of 7.62 and 3k of 9mm.
As for the market value... I've NEVER seen guns or ammo drop in price. And regardless of the market stability or who reigns in our government... guns and ammo can be sold :naughty:
stefan
10-29-2008, 05:57 AM
:lol8: :lol8:
crazy thread
:lol8: :lol8:
BruteForce
10-29-2008, 06:03 AM
[quote=James_B_Wads2000] :cry1:
Ah boo hoo
jumar
10-29-2008, 07:19 AM
I just think it is funny that there are people that are actually stupid enough to buy guns just because the Democrats are getting elected. What color is the sky in your world?
Blue, yours?
A Obama on Gun Control
* Ban the sale or transfer of all forms of semi-automatic weapons.
* Increase state restrictions on the purchase and possession of firearms.
Source: 1998 IL State Legislative National Political Awareness Test Jul 2, 1998
Most of my firearms are semi automatic. Democrats in office who support similar policies could definitely affect ones ability to buy firearms, which would prompt one to get them before they pass such laws.
Obama was being misleading when he denied that his handwriting had been on a document endorsing a state ban on the sale and possession of handguns in Illinois. Obama responded, "No, my writing wasn't on that particular questionnaire. As I said, I have never favored an all-out ban on handguns."
Actually, Obama's writing was on the 1996 document, which was filed when Obama was running for the Illinois state Senate. A Chicago nonprofit, Independent Voters of Illinois, had this question, and Obama took hard line:
35. Do you support state legislation to:
a. ban the manufacture, sale and possession of handguns? Yes.
b. ban assault weapons? Yes.
c. mandatory waiting periods and background checks? Yes.
Obama's campaign said, "Sen. Obama didn't fill out these state Senate questionnaires--a staffer did--and there are several answers that didn't reflect his views then or now. He may have jotted some notes on the front page of the questionnaire, but some answers didn't reflect his views."
Source: FactCheck.org analysis of 2008 Philadelphia primary debate Apr 16, 2008
MY T PIMP
10-29-2008, 08:40 AM
The reason I made this decision is based on the fact that none of my current guns have fell in value. Example in the 90s sks's could be bought for $60-90 now it's a hell of a deal to find one for $175. During Clinton's assault weapons ban, pre ban ar-15s doubled to trippled in price. I don't see the gun market taking a massive nose dive. :nod:
CarpeyBiggs
10-29-2008, 09:04 AM
This is among the most ridiculous, yet entertaining threads I have seen in some time. Cashing out 401k's for guns? Classic!
:popcorn: :roflol: :roflol:
Either place you keep your money, it is just goods. Goods are only "worth" something relative to "other" goods. How much you paid for a gun in 1992 is no mark on what it is "worth" today, if you are only using dollars to compare. Because obviously, dollars are worth more (or less) at certain times as well. The real worth would be to consider what a gun could be traded for, in times when money is worth nothing. You may have a point, some folks may want some guns. And I'm sure you'll want some flour. Might be worth something.
Also, buying a bunch of guns now would seem to imply that you would be willing to sell said guns at a later time, to make profit. Who's to say the monkey for a president won't completely ban the ability for people to sell guns privately? Then you'd be stuck eating ammunition, instead of beans. That would suck.
Just a thought....
BruteForce
10-29-2008, 09:20 AM
Then you'd be stuck eating ammunition, instead of beans. That would suck.
Just a thought....
Like I indicated in my message, you just can't go wrong with spending your 401k dollars on the 4B's! :2thumbs:
Again, 4B's =
- Beans
- Bullets
- Beer
- Broads
But not necessarily in that order..
Sombeech
10-29-2008, 09:41 AM
Who's to say the monkey for a president won't completely ban the ability for people to sell guns privately?
Uhh.... If it becomes illegal, the price per gun actually skyrockets. :crazy:
This thread is definitely attracting the most liberal anti gun members though for some reason.... I wonder what brought them to the hunting forum.
CarpeyBiggs
10-29-2008, 10:01 AM
Who's to say the monkey for a president won't completely ban the ability for people to sell guns privately?
Uhh.... If it becomes illegal, the price per gun actually skyrockets. :crazy:
This thread is definitely attracting the most liberal anti gun members though for some reason.... I wonder what brought them to the hunting forum.
Yes, the price skyrockets. But legality?
Oh yeah, this is the hunting section. Who cares about ethics or legality? :roflol:
We come in here for the same reason we go into any other forum. To be entertained by sound logic and poetic rhetoric. :five:
MY T PIMP
10-29-2008, 10:13 AM
I guess I had better mention I LOVE TO SHOOT! Wow I said it and AR-15's are believe it or not are fun to shoot. Investment, yes this is, but it is an investment with BENEFITS!
I cannot believe some of you think this is a stupid move. These 401K's are not my primary retirement. They are simply extra money which has been floating around out there which doesn't add up to much, but enough to help me purchase and add what I most want to my firearm collection.
CarpeyBiggs
10-29-2008, 10:22 AM
I guess I had better mention I LOVE TO SHOOT! Wow I said it and AR-15's are believe it or not are fun to shoot. Investment, yes this is, but it is an investment with BENEFITS!
I cannot believe some of you think this is a stupid move. These 401K's are not my primary retirement. They are simply extra money which has been floating around out there which doesn't add up to much, but enough to help me purchase and add what I most want to my firearm collection.
I don't think we said it was stupid, per se. But you made it sound like this was an "investment." Now, if there are other factors motivating your decision, besides an "investment," than more power to you. But your original post made it sound like this was a wise financial move. I have a hard time believing guns are the best investment around. Or even a "good" investment.
Why not buy thousands of gallons of gasoline? The price is dropping now, but it will skyrocket again soon. And people will want it later. Or wheat? Or pay off more of your mortgage? Or... Or... Or...
Why not roll them into your other 401k? Money floating around is still money. (which is really just paper reflecting the debt this great nation)
MY T PIMP
10-29-2008, 10:23 AM
Who's to say the monkey for a president won't completely ban the ability for people to sell guns privately? Then you'd be stuck eating ammunition, instead of beans. That would suck. Just a thought....
Do you really think gun owning Americans would stand back and let that happen. We've been lucky enough to see how other nations brought on gun control. It wasn't with a big gun banning law. It started with registration, then placement in gun club lockers, and finally they were able to just go and take what they needed. Education is priceless and it's going to be hard for any administration to slide anything past gun owners.
Never the less stocking up before the unthinkable happens is not a bad idea.
BruteForce
10-29-2008, 10:25 AM
If I had extra money to spare, I'd purchase a 9mm Calico. Comes with a 100 round magazine and has virtually no recoil.
That or an MP5 in 9mm.
Having served in the Army, I just didn't care for the M-16/M4.
Sombeech
10-29-2008, 11:29 AM
Why not buy thousands of gallons of gasoline?
Let us know how that goes.
But then you want us to stop consuming so much fossil fuel, so your investment advice is not making sense.
Back to what does make sense, investing in materials that will increase in value and are easy to resell.
Guns & Ammo. We are in the hunting section afterall, don't let the political talk from the Left confuse you.
CarpeyBiggs
10-29-2008, 11:41 AM
But then you want us to stop consuming so much fossil fuel, so your investment advice is not making sense.
Sorry 'Beech, I haven't been active on Bogley for quite a while. I forgot that when posting, I have to fill in all the blanks, and write between the lines, so you can pick up all the literal and implied meanings of every sentence I write.
I was simply suggesting that buying thousands of gallons of gasoline is akin to buying guns. Both may very well increase in value in the future. But neither of which I find to be sound financial decisions. Hence, thank you for making my point.
Guns & Ammo. We are in the hunting section afterall, don't let the political talk from the Left confuse you.
Political talk from the left doesn't confuse me. You see, I actually have a fully functional brain, and I occasionally use it to formulate my very own ideas. You should try it sometime.
Or you could perhaps give us a nice lesson on economics using oreo cookies? Or better yet, semi-automatic weapons and how they are a sound investment?
Yes, we are in the hunting section afterall. That much is clear.
:roflol:
CarpeyBiggs
10-29-2008, 12:03 PM
Do you really think gun owning Americans would stand back and let that happen.....
Never the less stocking up before the unthinkable happens is not a bad idea.
No way. I know way too many gun owners who would take some names and kick some ass!!!
James_B_Wads2000
10-29-2008, 01:57 PM
Political talk from the left doesn't confuse me. You see, I actually have a fully functional brain, and I occasionally use it to formulate my very own ideas. You should try it sometime.
:roflol:
I
RugerShooter
10-29-2008, 03:57 PM
[quote=James_B_Wads2000]
I
CarpeyBiggs
10-29-2008, 03:59 PM
[quote=davis_b_1][quote=James_B_Wads2000]
I
Sombeech
10-29-2008, 07:39 PM
Why don't you guys just go and gay it up somewhere else.
Like I often say, there's only ONE reason why you guys hang around in certain forums.
You're both way out of your league here. "maybe gun value will go up"? Get back to the kiddie table, the adults are talking in here.
CarpeyBiggs
10-29-2008, 08:02 PM
You're both way out of your league here. "maybe gun value will go up"? Get back to the kiddie table, the adults are talking in here.
Hook, line, and sinker...
Thanks for the laugh 'Beech. I think that might be the first time in the history of bogley/uutah you've ever tried to elevate a topic from the level of sophomoric and puerile to that of maturity and sensibility. Truly groundbreaking, indeed.
This is the exact same thing you do in every forum on here. But when we do it in hunting, somehow you are now adults and our tactics childish? Very nice. :rockon:
But I will stop posting in the thread, as you wish.
Sombeech
10-29-2008, 08:06 PM
that made no sense whatsoever.
James_B_Wads2000
10-29-2008, 09:31 PM
that made no sense whatsoever.
Don
Sombeech
10-29-2008, 10:09 PM
You're still here?
RugerShooter
10-30-2008, 06:15 AM
Can't we all just get along?
Can't we all just get along?
This has nothing to do with Rodney :haha:
Scott Card
10-30-2008, 11:28 AM
Can't we all just get along?
This has nothing to do with Rodney :haha:Clubs, feet and fists were worth a lot more to him than guns. (I lived in L.A. during the riots. scariest time in my life)
oldno7
10-30-2008, 12:13 PM
Back to the original reason for this thread.........
Very good investment!! :2thumbs:
50 ca. Barret
adventureclimber
10-30-2008, 06:03 PM
Hi all. I say keep your 401ks and get your guns when you can afford them.
New guy here so a brief intro. I used to shoot a lot 10 to 15 years ago before I became an obsessed climber and canyoneer. I'm not much of a climber these days and have started shooting a bit again with my main interest being long range target shooting (out to about 1300 yards)
With the stock market down the shitter it's not the best time to dump the 401k especially if you have a lot of stocks in it. Not to mention the taxes and penalty. In the long run your 401k will likely appreciate much more than guns which will likely just match inflation.
Every time there is a chance of dems taking control the gun industry plays on fears to make a profit. My theory is we won't see a major push against the 2nd ammendment for a while. The last major one was the asault weapns ban. Dems had control of the House for 40 straight years untill the assault weapons ban was past which was a major contibuting factor in them losing it to the Republicans. When the assault weapons ban was due to expire a few years ago and needed to be voted on to extend it most politicians didn't want anything to due with it and just let it expire. They wouldn't touch it.
By the way the assault weapons ban didn't ban one single gun. The net affect of the ban was to increase the number of guns on the street. Remember everyone new the ban was coming. Gun stores sold everything they could get their hands on. The price of Colt Hbars doubled and still as soon as they'd get one in the store it would be bought. This was the norm all across the country. Then after the ban the rifles were just modified slightly so they could still be sold. For example the ar15 (which was banned in an earlier ban which is why they were known as "colt sporting rifle") just had the bayonet lugs removed. Exact same rifle but now you cant attach a bayonet. Big deal. The funniest example was the Tech. nine which was banned specifically by name. The manufacture simply changed the name. Insted of ingraving "Tech nine" on the side they ingraved "AB 10" AB for after Ban. The only real affect was to limit mag capacity in newly manufactured guns. This resulted in a lot of compact and subcompact pistols since you could only have 10 rounds however existing mags were grandfathered in and the supply never really seemed to dry up.
Don't panic that pesky 2nd ammendment isnt going away anytime soon. I'm not saying attempts won't be made to chip away at it. Just look at California.
Anyway you asked about Rock River. I've had good luck with Rock River AR's. With non chromed lined barrels I get them to shoot better than my Rem. 700 bolt action deer rifle. I get 1/2 to 3/4 moa at 100 yards with handloads depending on model.
Their 12 week wait is closer to 6 months.
I hope this gets spell checked before it posts!
Gutpiler_Utahn
10-30-2008, 07:02 PM
My theory is we won't see a major push against the 2nd ammendment for a while.
Not to further hi-jack this thread, but...
Text of H.R. 6257: Assault Weapons Ban Reauthorization Act of 2008
http://www.govtrack.us/congress/billtext.xpd?bill=h110-6257
I say anytime is the right time to expand your collection. :nod: :2thumbs:
Howdy and Welcome to the site, AC :2thumbs:
blueeyes
10-30-2008, 08:29 PM
The political forum has been a little boring lately. Same old same old.
This is very entertaining. :popcorn:
Thanks! :lol8:
PunchKing
10-31-2008, 10:57 AM
So this one time at crazy murderer camp...
http://ecx.images-amazon.com/images/I/5109HG4M30L._SL500_AA240_.jpg
There were no guns, the democrats said we didn't need them to have a good time. ;)
Sombeech
10-31-2008, 11:20 AM
I'm cashing in for a Chainsaw.
No wait.... a Chainsaw Gun.
http://farm1.static.flickr.com/178/422772168_0bec363a7b.jpg
RugerShooter
10-31-2008, 12:43 PM
I want one to
oldno7
10-31-2008, 12:48 PM
I'm cashing in for a Chainsaw.
No wait.... a Chainsaw Gun.
http://farm1.static.flickr.com/178/422772168_0bec363a7b.jpg
Got one of those for Christmas last year, only used it a couple times. :cool2:
nelsonccc
11-03-2008, 05:34 PM
AK-47's will be the least expensive and less accurate for longer range shooting. As for AR-15's, I think that the Rock river models are the best out of the box. I would like to build one myself with all of the good parts. Plan on getting on a waiting list, as they are about 12 weeks out. I haven't checked lately on .223 ammo, but earlier this year there was a huge shortage due to the manufacturers sending supplies for the war. I went to 4 different stores besides 2 sportsman warehouses in one day and none of them had any .223 ammo.
My Bushmaster m4 AR-15 is great. I've never had a problem with the bushmasters. I get all my .223 ammo from Cheaper than Dirt.com. It's incredibly cheap and still great ammo. You can buy the ammo cans that have something like 1000 rounds.
I'm sure it'll kill liberal dems just as well as rabbits (at least I hope so).
Sombeech
11-03-2008, 06:06 PM
I'm sure it'll kill liberal dems just as well as rabbits (at least I hope so).
Rabbits run faster.
Rev. Coyote
11-03-2008, 06:31 PM
I've got a few 401ks floating around from old jobs that add up to a maybe a few thousand bucks. I figure with the market and who's likely going to control our government next, its a good to move my money and invest in assault rifles and handguns. I don't have an AR-15 or an AK and think it is time to for some new aquisitions.
I'm considering Rock River or Bushmaster BUT,
Please advise me on brands and choices you enjoy and have. :2thumbs:
That may be a better investment than gold. Don't overlook the value of a Mauser. The SKS is a pretty good piece, too.
Rev. Coyote
11-03-2008, 09:04 PM
I'm sure it'll kill liberal dems just as well as rabbits (at least I hope so).
As a member of the left-leaning contingent of this group, I'd like to invite you to send your first volley my way. I eagerly await it.
By the way, if you've done murder before, Nancy, why not tell us all about it??? :roll:
RugerShooter
11-05-2008, 05:47 AM
So did you get it?
I'm sure it'll kill liberal dems just as well as rabbits (at least I hope so).
Rabbits run faster.
But rabbits can't make laws outlawing the gun and send stormtroopers to collect it.
It's funny to me that the term liberal or conservative is defined as a certain thing and there's no accounting for the odd gun toting democrat or gay republican.
gun toting democrat
That's a Libertarian :haha:
gun toting democrat
That's a Libertarian :haha:
Oh, I know. I really like the Libertarian party, it makes sense to me. The only thing I have found that I don't like about them is thier stance on workers unions. And the fact that nationally they have a snowballs chance in hell...
Rev. Coyote
11-05-2008, 08:19 PM
("nelsonccc" sure got quiet. Wonder if the report I filed with the FBI concerning his post about killing people has anything to do with it?)
nelsonccc
11-06-2008, 08:15 PM
("nelsonccc" sure got quiet. Wonder if the report I filed with the FBI concerning his post about killing people has anything to do with it?)
Liberal dems are people? I thought it was like killing a rabbit or a coyote, nobody cares, open season.
I jest of course, just a little bit.
Rev. Coyote
11-07-2008, 06:33 AM
("nelsonccc" sure got quiet. Wonder if the report I filed with the FBI concerning his post about killing people has anything to do with it?)
Liberal dems are people? I thought it was like killing a rabbit or a coyote, nobody cares, open season.
I jest of course, just a little bit.
Don't worry, when a fat balding white boy in flip-flops tries out a little smack talk, it could only be taken as a joke. :roflol:
jumar
11-07-2008, 08:48 AM
From the 80's...
http://www.caracarn.com/bc/000421.gif
jumar
11-07-2008, 09:19 AM
http://www.chron.com/disp/story.mpl/headline/metro/6099085.html
[quote]"Liberals like to ban guns. That's what it comes down to," said Sullivan, 25, a Texas Christian University student.
Sullivan was among hundreds scrambling to buy a weapon Thursday at the gun store Cheaper Than Dirt!
oldno7
11-07-2008, 11:51 AM
From the 80's...
http://www.caracarn.com/bc/000421.gif
I hear they are making a comeback and as a result they are upping the daily bag limit. :lol8:
MY T PIMP
11-09-2008, 12:50 PM
Well I'm two thirds into my investment, when I complete it I'll suprize you all with a lovely photo. I have done quite well as far as bargains go I must say. :2thumbs:
Rev. Coyote
11-10-2008, 10:13 AM
I hear they are making a comeback and as a result they are upping the daily bag limit.
Some of us left-of-center folks have impressive arsenals. FYI.
RedRoxx
12-09-2008, 06:11 PM
You guys need this---
http://www.youtube.com/watch?v=dpY86MLRi8s
hank moon
12-09-2008, 06:23 PM
You guys need this---
http://www.youtube.com/watch?v=dpY86MLRi8s
"very transformeresque" says it all...
:lol8:
Sombeech
12-09-2008, 11:26 PM
that's pretty freakin sweet
RugerShooter
12-10-2008, 05:32 AM
that's pretty freakin sweet
Yes it is, so with open carry laws could you carry that as long as there is not a round in the chamber?
shagster
02-24-2009, 07:41 PM
Holy ______ :hail2thechief: :hail2thechief:
Can I please be first on the list for one of these? Was this at the shot show this year? If so I might be able to test one??hmmmmm..
Powered by vBulletin® Version 4.2.5 Copyright © 2025 vBulletin Solutions Inc. All rights reserved.