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Author Topic: Keep a safe queen or sell???  (Read 8938 times)

Offline actionshooter

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Re: Keep a safe queen or sell???
« Reply #15 on: July 27, 2017, 09:12:35 PM »
If it came from a pawnshop and he didn't use it or grow up with it, I wouldn't consider it an heirloom. Helping kids out with college seems like an awesome plan.

Offline Colin

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Re: Keep a safe queen or sell???
« Reply #16 on: July 28, 2017, 10:08:24 AM »
If looking to start a collage fund, I would take a close look at a good Mutual fund account instead of a locked in "collage only fund". you would probably make a much better return, and if life throws you a curve, and your hild does not go to collage for one reason or another, you have options.
Just saying
I'll look into that! Thanks for the suggestion.

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Offline Colin

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Re: Keep a safe queen or sell???
« Reply #17 on: July 28, 2017, 10:09:06 AM »
Thanks for sharing your thoughts guys! I think I'm gonna sell it. Take my time and try and get a fair price.

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Offline 762Armo

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Re: Keep a safe queen or sell???
« Reply #18 on: July 28, 2017, 06:11:52 PM »
What's the gun going to be worth in 18 years ?  :dunno:
This is a good point.

Offline 762Armo

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Re: Keep a safe queen or sell???
« Reply #19 on: July 28, 2017, 06:12:16 PM »
I initially had the same thought but then I used an interest calculator and if I put 7.5k in my kids early savers account 7.5k turns into 22.7k in 18 years... that's a lot dough!

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Must have been in a very low risk account.

Offline finnman

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Re: Keep a safe queen or sell???
« Reply #20 on: July 28, 2017, 06:58:16 PM »
Teach your daughter and niece a lesson in real life, make them pay for their own education. I never have agreed with people chugging money for someone else to get a free ride. Just my two cents. Education is important but earning it far more valuable than a hand out.
The heirloom factor is really a treasure. More than likely no one would ever spend that cash on a firearm on that quality. Pass it on.

Offline vandeman17

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Re: Keep a safe queen or sell???
« Reply #21 on: July 28, 2017, 07:12:30 PM »
If looking to start a collage fund, I would take a close look at a good Mutual fund account instead of a locked in "collage only fund". you would probably make a much better return, and if life throws you a curve, and your hild does not go to collage for one reason or another, you have options.
Just saying
I'll look into that! Thanks for the suggestion.

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529 plans don't have to be used for college but if they are, they are tax free. They can be invested just like a mutual fund where you choose how risky you want to be.  :tup:
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Offline BD1

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Re: Keep a safe queen or sell???
« Reply #22 on: July 29, 2017, 08:36:10 AM »
Even though he left them to you...I think I would leave the decision to the wife. If she has no connection to it then I would sell it. My two pennies worth...

Offline Colin

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Re: Keep a safe queen or sell???
« Reply #23 on: July 30, 2017, 06:12:33 AM »
What's the gun going to be worth in 18 years ?  :dunno:
This is a good point.
True. I really have no idea. I'm not even sure someone will buy it at its value now. I plan to call a friend's father in Montana that's a gun dealer for some info.

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