The trend has only gone up since. How do we know this? Translation: Fewer households owning guns, but more absolute gun sales, equals an increase in the number of guns owned per gun-owning household.
Within this broader trend of fewer gun-owners owning more guns each, Fortune magazine has identified a trend of gun "super-owners," who love guns even more than the average gun-lover. There are a couple of ways to look at this data. How many more guns do they need to buy? Luckily for investors , I don't see either of these risks as being particularly big.
Gun costs vary widely from model to model. But as a general rule, an ordinary handgun can usually be bought brand new for less than the cost of a television and TVs have gotten pretty cheap , so I see little risk from an affordability standpoint. The more so because, according to data from a General Social Survey report, gun owners tend to be a pretty affluent bunch. As far as need goes, according to Fortune, the average "super-owner" owns 17 guns already.
And here you have to ask yourself "why? How many guns do you really need to own? This is a question that many gun owners ask themselves or ask others. There are respectable arguments to own as many guns as you can. Guns are like tools in a toolbox, in that each tool and each fulfills a different role, so with more guns, you cover practically all of your bases you can think of.
You also have backups in the event that you lose a gun or if any are damaged. And since you can always sell guns for higher prices later depending on the model , you could be making a valuable investment. On the other hand, there are solid arguments against owning multiple guns. The old saying goes that you should beware of the one gun man, because he more than likely knows how to use it. So how many guns do you really need?
For someone who likes to collect different historical firearms, that person will never be able to own enough. That being said, there is at least one fact that we should all be able to agree upon: being trained in how to use your gun in a true life-or-death situation and having a healthy supply of ammunition is more important than actually owning more firearms, at least for those who plan on using their weapons for defensive use.
What do you think is better: to own one gun with plenty of ammo and be expertly trained in the use of that gun, or to own two guns but have limited ammo and training for both?
Obviously the first option is more desirable. The vast majority of people who purchase firearms over the counter are not experts in using guns. Subsequently, they buy that gun and a couple of boxes of ammo, run a magazine or two through at the shooting range, call themselves good and never touch that gun again.
Big mistake. Owning a firearm is a huge responsibility, and firing a few rounds through your weapon at the shooting range will not make you any more effective with it in a true life-or-death situation. Firearms training requires dedication and repetition. You want basic actions you conduct with firearms to become drilled into you as muscle memory. Doing the second of those would get you killed in a gunfight, but clearing the gun and getting back in the fight will increase your chances of survival.
You need to conduct drills where you master how to conduct different actions. In order for something to become muscle memory, you will need to complete at least one thousand repetitions of it. Currently, California law generally prohibits people from purchasing more than one handgun from a licensed dealer per month, 19 and restricts dealers from selling a handgun to a buyer if they are notified by the California Department of Justice that the buyer has already applied to acquire another handgun from a dealer within the preceding day period.
Effective July 1, , California law will extend this bulk purchase limit to include the purchase from a dealer of either handguns or semiautomatic centerfire rifles. However, these restrictions do not and will not apply to firearm transfers between unlicensed parties, even when those transactions are processed through a licensed dealer.
Maryland prohibits any person from purchasing more than one handgun or assault weapon within a day period. Under limited circumstances, a person may be approved by the Secretary of the Maryland State Police to purchase multiple handguns or assault weapons in a day period. Maryland also penalizes any dealer or other seller who knowingly participates in an illegal purchase of a handgun or assault weapon.
New Jersey prohibits licensed firearms dealers from knowingly delivering more than one handgun to any person within any day period. With limited exceptions, people may not purchase more than one handgun within any day period. Thank you for subscribing to our Daily News Capsule newsletter. Whatsapp Twitter Facebook Linkedin. Sign Up.
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