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Also, at the end of the day I'm not a federally licensed firearms dealer so I can't purchase with intent to sell at a profit. I can legally purchase stocks with the intention of profiting though.

Also, at the end of the day I'm not a federally licensed firearms dealer so I can't purchase with intent to sell at a profit. I can legally purchase stocks with the intention of profiting though.

It certainly is a single transaction deal. Buy $500 worth of FAZ now, sell later. It's been very good to me. Hell it's up 7% in 3 hours.

Might I suggest looking at a 5 and 8 year FAZ chart? Any sort of return to previous highs will make your gain on your guns and ammo look like chicken feed. ETF's are risky, but I can't think of any other investment right now that has the real potential with some big correction turn $500 into...

That is kind of counter conventional wisdom. Usually it's safer to take some gambles when you're young, and start putting funds into more stable investments when you get older.

That's why I also use inverse ETF's.

Most people use metals as a hedge.

Technical charts are showing it has a bit of strength, and we're near 10 year lows. It'd be really tough to overbuy right now, especially if you're in it for the long haul.

I got really lucky in 2006 and stumbled into a job that left me a lot of disposable income...rode that pony hard for 5-6 years too, lol.

It's probably not a terrible time to buy right now.

I'm renting right now too, and I'm at least certain we'll be in this house for 2 years. At that point we'll buy a house and move out of this school district. I bought a handtruck to move into this place. :D I bought a good chunk of it back in the good ol days pre-2007 when you could find 9mm...

Yeah, it'd have several cases of assorted calibers. It'd free up safe space and make it tough to steal.

Around 175 pounds I think. I was looking at one at Lowes and I think it was about the same size and weight. Add 4 bolts and a bunch of cases of ammo and it'd be a bitch to steal.

It looks like I can bolt it down, and it should keep smash and grabbers out considering the other layers of defense in the house.

I'm thinking about one of these for ammo. http://bubbatool.com/product/jobox-635990-jobsite-brown-36-chest/?gclid=CJ2ci6m0kMoCFdgDgQodpqcGDQ

Mags probably, but I have more $$ in ammo than guns. Is it just for storage?

The law is the genesis of the repercussions.

Well, you seem to be suggesting that it's only illegal if you get caught. Not true. There are only repercussions if you get caught, but it's still illegal.

Does anyone own a safe just for magazines? lol

If she falls, she falls....laughter or not.