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2 members (Ted Schefelbein, 1 invisible),
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Forums10
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Mar 28th, 2026
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Joined: Jan 2002
Posts: 11,575 Likes: 182
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 11,575 Likes: 182 |
Yes I know the stock market is up - but only because there is no other place for most to try to make some money. Out here in farm country, there was the very real possibility of making big bucks in real estate (farms) until very recently. Some of the most productive ground selling for over 5 figures/acre. Coming back down now, mainly because corn is under $4/bushel. But if you bought before corn and soybean prices really took off, and sold before they started to come down, there was a lot of money to be made. Like doubling your investment, in fairly short order. The average price/acre of Iowa farm ground is still just under $8K/acre--which I think no one would have predicted just a few years ago. But now is definitely not the time to buy.
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Joined: Aug 2003
Posts: 2,942 Likes: 19
Sidelock
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Sidelock
Joined: Aug 2003
Posts: 2,942 Likes: 19 |
I bought an early Krupp steel straight grip 20 gauge XE Fox in early 70s for $1750.My first 20 ga Fox was a CE for $350 including shipping.If I had not sold and traded them off just think what their value would be today! Plus I would have had the pleasure to admire and use them. Oh well. Bobby
Last edited by bbman3; 03/19/15 02:21 PM.
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Joined: Mar 2002
Posts: 7,897 Likes: 665
Sidelock
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Sidelock
Joined: Mar 2002
Posts: 7,897 Likes: 665 |
Bobby, if we look at what we bought and let go most of us would be dizzy from shaking our heads. And I mean in both guns and stocks in my case. I was blessed with a good friend who gave me stock advice years ago on half a dozen stocks which have been the backbone of my playing around in guns and life in general. But if I had just left them alone as he did, and bought and sold as he did, my money would be three or four times what it is now but the amount of fun that I would not have had would be a tenth.
So while I lament missed guns and missed opportunities I also don't forget the fun I raised, four kids put through Ivy League Colleges, the other guns bought to replace the guns sold. I spent 20 years longing for a side opening SuperBrite and when I found one and bought it I could not hit the side of a barn with it from the inside. It was so bad my shooting partner suggested that if I was to end my life with it I would have to reload at least one time and perhaps twice. I was thrilled to buy it and glad to sell it. Looking back if you had kept those two gems would that be enough for you or would you still buy and sell to keep yourself happy? The dog chases the car for the chase not because he knows what to do with it if he ever catches it. We are like that with guns. We like the chase.
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Joined: Feb 2008
Posts: 521 Likes: 4
Sidelock
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Sidelock
Joined: Feb 2008
Posts: 521 Likes: 4 |
Yeas ago I worked for a major oil company and was involved in offshore (Gulf of Mexico) lease auctions. When I was starting out an older guy took me aside and explained auctions this way.
Imagine you have five bidders, people who know their stuff. Sixty percent of the time they nail the value, 20% of the time they estimate low by 20%, and 20% of the time they bid high by 20%. Thus the winning bid is always by a knowledgeable buyer who has an off day on the high end of the scale. An active auction works for the seller.
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Joined: Jan 2002
Posts: 11,575 Likes: 182
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 11,575 Likes: 182 |
We are like that with guns. We like the chase. Same with most men and women: we enjoy the chase. However, mistakes with guns aren't as costly. However many ways there are to leave your love life, they tend to involve leaving behind more money than does trading guns.
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Joined: Mar 2002
Posts: 7,897 Likes: 665
Sidelock
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Sidelock
Joined: Mar 2002
Posts: 7,897 Likes: 665 |
Larry, if you hate your gun you can always throw it over board. Try that with a hated wife and they will throw you into jail.
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Joined: Jan 2002
Posts: 11,575 Likes: 182
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 11,575 Likes: 182 |
Especially if a couple cement blocks are attached! 
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Joined: Mar 2009
Posts: 2,079 Likes: 79
Sidelock
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Sidelock
Joined: Mar 2009
Posts: 2,079 Likes: 79 |
Bobby, if we look at what we bought and let go most of us would be dizzy from shaking our heads. And I mean in both guns and stocks in my case. I was blessed with a good friend who gave me stock advice years ago on half a dozen stocks which have been the backbone of my playing around in guns and life in general. But if I had just left them alone as he did, and bought and sold as he did, my money would be three or four times what it is now but the amount of fun that I would not have had would be a tenth.
So while I lament missed guns and missed opportunities I also don't forget the fun I raised, four kids put through Ivy League Colleges, the other guns bought to replace the guns sold. I spent 20 years longing for a side opening SuperBrite and when I found one and bought it I could not hit the side of a barn with it from the inside. It was so bad my shooting partner suggested that if I was to end my life with it I would have to reload at least one time and perhaps twice. I was thrilled to buy it and glad to sell it. Looking back if you had kept those two gems would that be enough for you or would you still buy and sell to keep yourself happy? The dog chases the car for the chase not because he knows what to do with it if he ever catches it. We are like that with guns. We like the chase. A very wise comparison in description of the "chase"
Michael Dittamo
Topeka, KS
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Joined: Mar 2002
Posts: 7,897 Likes: 665
Sidelock
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Sidelock
Joined: Mar 2002
Posts: 7,897 Likes: 665 |
Larry, I did not think there were any deep bodies of water in Iowa. Cement blocks would not help unless you had a deep end. In honesty I have never thrown a gun or wife over board.
I did throw a PW reloader off the Chesapeake Bay Bridge once. It had been back to PW twice for complete service and "rebuild" but would throw a double charge or at least an over charged shell about once every hundred shells. After that it went to two PW gurus and they worked on it. One pronounced it cured only to call me the next day and said it did it to him again and needed further work. Two weeks later he sent it back and declared it fixed for good. Within a month it did it again, twice in the same box. I could have had it "fixed" by PW again and just sold it but worried that it would just keep doing it and someone would just get hurt down the road. It felt good to throw it over the side of the bridge and watch it splash into the bay. Perhaps seeing those cement blocks sink would be as big a joy but I doubt it.
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Joined: Feb 2002
Posts: 14,611 Likes: 338
Sidelock
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Sidelock
Joined: Feb 2002
Posts: 14,611 Likes: 338 |
Can your remember at which mile marker you threw the PW over the bridge, and from which side? I would love to see that PW today.
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