I've recently had the same thoughts as the OP. In December of 2011, I had 3 guns: A P32, Mossberg Maverick and S&W380. When my father-in-law gave us a Glock 19 for Christmas that year, all hell broke loose. In the year and half since, I've amassed 25+ slingshots in addition to $5K in ammo. I also have 3 on layaway at Bud's (I need help). I guess I bought into a little of the panic buying due to our current economic/political system.
I'm now re-assessing my "needs" vs. "wants" and am slowing purging some items in favor of quality over quantity. I did buy some junk this last year (another KelTec, an ATI, etc.), but have rid myself of most of those. I plan to post a few more up this week and get down to a more manageable level.
On the plus side, 90% of my ammo was bought pre-panic (still high for you old-timers), but I'd venture a guess that if I sold it all at current, non-gouging prices, I'd have a 50% return!
I'm now re-assessing my "needs" vs. "wants" and am slowing purging some items in favor of quality over quantity. I did buy some junk this last year (another KelTec, an ATI, etc.), but have rid myself of most of those. I plan to post a few more up this week and get down to a more manageable level.
On the plus side, 90% of my ammo was bought pre-panic (still high for you old-timers), but I'd venture a guess that if I sold it all at current, non-gouging prices, I'd have a 50% return!