Estimated reading time: 4 minutes
When it comes to investing, there are generally two schools of thought: the Warren Buffet method and the “diversify your portfolio” approach.
For financial moguls like Warren Buffet, it’s all about cherry-picking stellar investments through what could only be described as financial sorcery, and then throwing serious money at them.
It’s the “buy what you know” model—except what they know could fill libraries.
For the rest of us mere mortals, our strategy is more akin to culinary chaos—flinging everything at the wall and hoping something sticks. This includes the usual suspects: stocks, real estate, bonds, and commodities.
Our philosophy? Not everything will stick, but overall, the economy tends to climb that proverbial wall over time. With a diversified portfolio, you’re set to win in the marathon, not the sprint.
SEE ALSO: Al Capone’s Favorite Gun Hits the Auction Block
Now, let me share my investment buffet. My traditional platter includes equities (more than a dash of the magnificent 7), a sprinkle of precious metals, a few bonds (via TreasuryDirect), and an IRA.
Then there’s the exotic section of my portfolio: cryptocurrency, rare whiskeys (bourbon’s my poison), custom knives, and, of course, firearms.
Each of these non-traditional investments stems from my passions, except for crypto—let’s be real, that’s more roulette than investment at this point.
Whether it’s my gov’t surplus 1911 (from CMP), my cherished bottles of Pappy, my collection of Busse knives and Chris Reeve folders, or my Colt wheelies, these are treasures that thrill beyond mere market value. Whether they go up or down in price really doesn’t matter to me as I’m always happy to have ’em.
Recently, however, I dipped my toes into uncharted waters: gun art.
A few months back, GunsAmerica featured the captivating work of Alfredo Martinez, an artist who blended his love for art and firearms in a drama-filled life saga.
Martinez started as a gunsmith and an arms dealer but evolved into a celebrated New York artist. He passed away last year at the tender age of 56.
SEE ALSO: Kansas Attorney General Leads Lawsuit Against ATF’s ‘Engaged in the Business’ Rule
I ended up snagging an exclusive Martinez print—specifically, the M4 with the grenade launcher.
Why? Firstly, because it looked badass and I wanted something cool by my gun safe. Secondly, it’s a limited edition (1 of 50), so while it’s not going to fund my retirement, it should at least defend its value like my snake guns.
I had it custom framed at Michaels ($160) —because even gun art deserves a good suit. I later learned from my girlfriend that I didn’t need to go with the custom job. I could’ve found something in the store that probably would have fit for a fraction of the price. Good to know for future reference.
Is this a sound investment? Time will tell. But as far as diversifying my portfolio goes, I figure there are worse ways to spend my money.
If you’re interested, they have a few prints left for purchase. And, if you have a sec, drop me a line in the comment section and let me know what you think.
*** Buy and Sell on GunsAmerica! All Local Sales are FREE! ***
