What high ticket item do you plan on buying?

HappyHarry said: "What high ticket item would you love to have, but either can't afford or don't want to spend the money on?"

bobjitsu said: "An M-16....In 1986 these could be bought for $800 now they are 10k-15k depending on make and condition. I don't like shooting them that much but for investment purposes they cannot be beat. [IMG]http://www.section6.fsnet.co.uk/images/AR15_1.jpg[/IMG]"

Yoshimi said: "how expensive could that gun get? you think its gonna get much more than 15K?"

bobjitsu said: "[QUOTE=Yoshimi]how expensive could that gun get? you think its gonna get much more than 15K?[/QUOTE] Well 5 years ago people were saying it was topped out at 5k.....since 1986 machineguns cannot be produced for civilians so whatever there was out there...that is it. They are all registered and transferable, you have to pay a $200 tax everytime you buy one and it takes about 6 months for the feds to do a backround check and ok the purchase. I don't see a stop in the price rising...there are always people who have unlimited cash and want something most can't afford."

Yoshimi said: "yea but how would you get any money out of it? do you think someone would actually buy a 20K-30K gun? I mean.. how expensive can a gun get?"

bobjitsu said: "[QUOTE=Yoshimi]yea but how would you get any money out of it? do you think someone would actually buy a 20K-30K gun? I mean.. how expensive can a gun get?[/QUOTE] There are already ones that cost more than most peoples houses. $500k+ Of course they are not M-16's but other kinds....."

HappyHarry said: "I ran into a guy who had sold 3 machine guns ( I forget the names), and bought a house in the 1980s in Florida. Everyone he knew told him that was a great investment. The house ended up selling for break-even. If he kept the guns, they would be worth 3 times what the house is worth now."

bobjitsu said: "[QUOTE=HappyHarry]I ran into a guy who had sold 3 machine guns ( I forget the names), and bought a house in the 1980s in Florida. Everyone he knew told him that was a great investment. The house ended up selling for break-even. If he kept the guns, they would be worth 3 times what the house is worth now.[/QUOTE] Ain't that the truth!"

Heather said: "I'm sure that the house sounded more like a "sound" investment. If nothing else, it provides shelter for you and your family. But I'm also sure the guy is kicking himself in the butt right now."

Heather said: ".. My pick for a high ticket item? Beautiful trinkets made of diamonds, platinum, emeralds, rubies and sapphires. (Hey, I'm a girl :) )"

HappyHarry said: "Gems cost quite a bit of money!"

Heather said: "They do, but they retain value. You can pick up some beautiful stuff tax free in the Bahamas. That'll shave a couple hundred off right there."

HappyHarry said: "Next big ticket item I need is a plasma TV, but I'd rather wait until they get cheap. I mean its no big deal."

arizona steve said: "an m-16 covered in precious metals and gems. cant loose with that investment. :D"

misterjover said: "We're getting a couple lots and retail kiosks in malls. All we ever buy involves inventory or real estate... oh and the occasional run to fry's for computer equipment."