Post by: Colin on July 27, 2017, 05:27:47 AM
The dilemma is I'll never buy another gun of this quality and I don't feel comfortable taking this type of gun into the field as I only waterfowl. If i were to sell I'd squirel half of it away for my daughters college fund and give the other half to my niece for her college fund.
Should I sell or keep it in the family as an heirloom to be passed down?
Thoughts???
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Post by: JakeLand on July 27, 2017, 05:56:54 AM
Post by: Curly on July 27, 2017, 06:16:02 AM
Post by: Colin on July 27, 2017, 06:19:46 AM
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Post by: Fl0und3rz on July 27, 2017, 06:25:14 AM
I bet your FIL would be pleased with what you are planning to do with it. Sounds like a better use of the gun than just sitting in the safe. :twocents:
:yeah: I know I would if I were him. Sorry for your loss.
Post by: Colin on July 27, 2017, 07:16:00 AM
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!Uhh did something wrong there I think it's close to 10k after 18 years. Regardless it's hard to let go such a nice piece.
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Post by: boneaddict on July 27, 2017, 07:25:53 AM
Post by: Timberstalker on July 27, 2017, 07:45:31 AM
Only kidding, kind of.
It seems like your intent (College funds) is solid, so that seems justifiable. Still would be hard for me to sell a heirloom, though.
Post by: Angry Perch on July 27, 2017, 11:44:27 AM
Since it's not a gun that you guys have created memories with and seems more like an investment gun, I think you are on the right track. Other than that, I'd hesitate selling an heirloom
I agree. If there's no story or connection, it's just a wad of cash in the form of a gun.
Post by: Firedogg on July 27, 2017, 12:21:53 PM
Post by: dscubame on July 27, 2017, 01:19:30 PM
Post by: Alchase on July 27, 2017, 03:03:11 PM
Just saying
Post by: yorketransport on July 27, 2017, 08:21:58 PM
Material things are material things and shouldn't have have an unquantifiable value assigned to them. :twocents:
Post by: h20hunter on July 27, 2017, 08:26:09 PM
Post by: kentrek on July 27, 2017, 09:02:49 PM
Post by: actionshooter on July 27, 2017, 09:12:35 PM
Post by: Colin 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.I'll look into that! Thanks for the suggestion.
Just saying
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Post by: Colin on July 28, 2017, 10:09:06 AM
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Post by: 762Armo 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.
Post by: 762Armo 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.
Post by: finnman on July 28, 2017, 06:58:16 PM
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.
Post by: vandeman17 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.I'll look into that! Thanks for the suggestion.
Just saying
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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:
Post by: BD1 on July 29, 2017, 08:36:10 AM
Post by: Colin on July 30, 2017, 06:12:33 AM
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.What's the gun going to be worth in 18 years ? :dunno:This is a good point.
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