Now, I know one can hold many things as investments (artwork, vehicles, etc) and that doesn't necessarily make one a dealer, but I wonder if the whole trying to take an investment loss on guns might not open you to some concerns about not having your FFL. Just a question for the tax attorneys or others around here who may know.
I will just buy what I want. I don't feel any pressure to snap up one more AR, just to have one more. I may save up and get a DD or BCM. Maybe get a nicer optic.
My "finances", should improve this year, so I will be watching and BUYING .....
It is apparent from the gun forums, magazines, and websites that I consume that there is a great deal of optimism within the gun owner's community in conjunction with election of President Trump.
In addition to that, I keep seeing signs of the "gun market" relaxing...guns that used to get scooped up at $1000 now languish on the classifieds at $800, Oly is closing its doors, ammo is plentiful (if not as cheap as pre-panic days), and I can find a $600 AR on the shelf at every one of my favored LGS.
So, is this recent trend toward a "buyer's market" indicative of a new golden era of firearms ownership, or just a quick market adjustment? I think there is a possibility that a Trump presidency will solidify support on the left, and the next Midterm elextion could be disastrous. On the other hand, I think there is a possibility that permanent progress could be made in these next two years, opening up the potential for renewed "halcyon days" ahead.
What does INGO think? Buy now...wait and see...sell the entire collection while there is still some value left?