What is the difference between expense and an investment?
Dictionary.com defines Expense, or Expensive, as: The cost or the charge of something. Pretty basic, we all understand what expenses are and how we occur expenses, especially as we are procuring our hunting gear for each season.
Investment is defined as: The investing of money or capital in order to gain profitable returns, as interest, income, or appreciation in value. In other words, spending money because the value of a particular item will be worth having in the future. How often do we justify the purchasing of hunting gear as an investment? I do, all the time and I am sure you do it to. It is and “investment” is the classic explanation to a spouse on exactly why you spent $500 on a new backpack.
My father taught me, guns are an investment. They hold their value if taken care of and can be used for lengthy periods of time, even passed down through the family. When it comes to guns, it is no secret, you get what you pay for.
I once spent $250 on a used pump shotgun. Guess what, it is a $250 dollar gun.
Read more: http://www.ammoland.com/2015/02/the-most-expensive-thing-i-saw-at-the-2015-safari-club-international-convention/#ixzz3tmNOkFGs
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