Wednesday, September 11, 2019

Smalls investing....

Unsettled times breed unsettled people.  Unsettled people want insurance.  Nobody pays more for insurance than the man who waits till after the accident to shop for it.

I figure we have about four years til folks get antsy, with a lighter bet on two and no-bet on six.

I'm old enough to recall the way people got 'antsy' back in '08, and the money I made then by betting against the average intelligence of the crowd.  Then, I was selling into the demand, and I expect to be doing that again. 

So, when I run across a deal like this, and I have the scratch, I have to jump.  Average price per is about $9.12 (in my hands).  That is exactly at my expected current price for the aluminum, and a few bucks under my 'buy now' price on the Magpul.  Compared to what they were going for in 2008..... well now.

Now, I know the market became saturated since then, but I am banking on people being people.  At some point in the next few years, there's going to be yet another move towards the stupid.  Someone brain donor is going to push for a pointless feel-good law that does squat as intended. 

$200 at BJ's house-o-consumerism will result in trash cans packed with packaging and a $200 hole in my bank account.

$200 cash in my safe (or the bank) results in $160 in cash value next year.... the stupid-people tax which is inflation.

$200 in magazines means a MINIMUM of $200 in magazines next year.  In four years, a MINIMUM of $250 in magazines.  If the mob leans the way I expect, it will be more like $1000 in magazines in four years. And hey.... I can always use them myself.

Now, when that sweet, sweet OT hit's the account, it will probably be precious metals going in the safe, in terms of value-added aluminum alloy.

 

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