Posted by wile E on January 01, 2014 at 04:52:11 from (71.82.111.111):
In Reply to: Investments posted by MarkB_MI on January 01, 2014 at 04:26:14:
Investments are about timing........Yes, buying and selling at the right time.
As I look back to my projections in 2006 and 2007 I am still under (in my IRA portfolio) I made assumptions that I would get back a 9% annual return, BUT.......The value of my IRAs declined by 40% in 2008/2009. So, I have been playing catch up. As far as guns, just going out and buying an AR-15 rifle is really just a place to put $1000, the value will not go up or down, for the most part. You have to buy real low, like a Winchester rifle for cheap from a guy that needs the money. I also think the value of guns is a hit or miss thing. Gold....? Never been a good long term investment, Silver......? Same thing. Ammo.....? It will lose a little or gain in value depending on demand. Ammo will never go to zero, or near zero due to it being a usable product. Converting IRAs to a cash type investment when I am in my early 60s will be a safe bet.
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Today's Featured Article - George's Fordson Major - by Anthony West (UK). This is a bit of a technical info to add on to the article about George's Major in the "A Towny Goes Plowing" article. George bought his Major from a an implement sale about 18 years ago for £200.00. There is no known history regarding its origins or what service it had done, but the following work was undertaken by Harold alone to bring it up to show standard. From the engine number, it was found that the major was produced late 19
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