NebTim
Leonidas likes Patriots
Was it 2 years ago?
5 years ago?
What year was the best year to buy ammo?
5 years ago?
What year was the best year to buy ammo?
Summer of 54, I could go down to the penny store and buy 5 rounds of 22LR.
Hey sorry guys.... I'm just trying to get an idea of when I should start buying.... probably going to put our tax return and half our savings into ammo.... trying time it.
appreciate the advice...
Let's go brandon!
Not a financial advisor but that sounds like a pretty bad idea. I’d invest your tax return (home repair, stocks, crypto etc.) instead of buying a lot of overpriced ammo in the current market.
Hey sorry guys.... I'm just trying to get an idea of when I should start buying.... probably going to put our tax return and half our savings into ammo.... trying time it.
appreciate the advice...
Let's go brandon!
That sounds like a really bad idea. Prices are still high from the covid and politically induced 'drought'. They have dropped slightly as availabity has improved and may continue to do so.
I suggest you keep your savings and buy a few boxes or a case now and then when you have extra money. If you see some at a good price buy more. If you see some at a bad price skip it.
Build a collection over time.
https://www.forbes.com/advisor/investing/dollar-cost-averaging/
https://intelligent.schwab.com/article/dollar-cost-averaging
Chinese ammo import ban is the single biggest reason for higher prices.Late 80's ammo and guns cheap. I was buying imported Military ammo through Norinco. The same ones importing the the cheap SKS rifles
Was it 2 years ago?
5 years ago?
What year was the best year to buy ammo?
Summer of 2019 ammo was really inexpensive and there were manufacturer rebates on top of that. When the COVID panic started in early 2020, prices went up. When George Floyd died, supplies really dried up and prices climbed even further.
My recollection is that autumn 2020 to winter 2020/2021 is when the prices and availability were the worst.
I agree with the others to not invest in ammo right now. Buy a case or two of each caliber you shoot, but now is not the time to stock up for investment purposes.
ETA- The time to invest was when AmmoJon first started noticing something odd in the pipeline. He warned us all, but most of us didn't predict how bad it was going to get in short order. (It wasn't too long ago that he was "gouging" customers with $250 cases of 9mm)