money problems

[JohnR]

As long as the crash is sooner rather than later, the young lazy slobs will have the older generation's wisdom to tap into, at least someone will remember what hard work and dedication is all about.

[muggsy]

John F. Kennedy once said that a rising tide floats all boats. I have to agree with him, because it did when I was in the Navy. What that has to do with the economy I have no idea, but the richest among us are those who are satisfied with what they have. I came into this world with nothing and plan to go out the same way. I'll probably drop a few bucks along the way. Hey, it only money and you can't take it with you. That's my philosophy.

[SlowBurn]

Because people are gullible, only a tiny fraction of us know the truth.

Some economists predict deflation on a significant scale. The stock market will crash and gold prices will plummet, but if you have cash it will be worth a lot more.

How can that be when the supply of dollars has increased so dramatically through quantitative easing by the Fed since 08? Won't the huge glut of dollars dilute the value of our cash? (This may not be the best forum for this issue but ...)

[yqtszhj]

More important, what will the guns I lost in tthat boating accident be worth?...

[marshal kane]

Those guns you lost in the boating accident will now be worth a whole lot more now than you'd care to pay. I was a teenager when 1911A1 Colt semi-autos and single-actions were selling for $125 and my S&W Combat Masterpiece was selling for under $90. Try replacing them today at those prices. Quality made guns hold their price and tend to appreciate over time.

[DavidS]

Those guns you lost in the boating accident will now be worth a whole lot more now than you'd care to pay. I was a teenager when 1911A1 Colt semi-autos and single-actions were selling for $125 and my S&W Combat Masterpiece was selling for under $90. Try replacing them today at those prices. Quality made guns hold their price and tend to appreciate over time.

Bought a Colt Python in mid-90's for $650. Put about 25 rounds through it and put it back in its box. Checked it's value this spring - $3300!. Going-going-gone. Sold it two weeks later.

[RevRay]

The only thing still in doubt is when ... not if ... and when could be very soon or not for a while.

[O'Dell]

I bought a Python around 1970 for under $250. I shot maybe 50 rounds and confirmed that I don't like revolvers. I sold it for $900 ten or twelve years ago.

[muggsy]

I bought a Python around 1970 for under $250. I shot maybe 50 rounds and confirmed that I don't like revolvers. I sold it for $900 ten or twelve years ago.

Now there's a man who knows how to do business.

[DavidS]

I bought a Python around 1970 for under $250. I shot maybe 50 rounds and confirmed that I don't like revolvers. I sold it for $900 ten or twelve years ago.

I liked mine, it just did not have a purpose so ......