What to invest in 2 - Tax free capital growth potential?
Discussion
Similar situation as other thread. Mortgage free and interest rates are rubbish. Effectively, cash money is being eroded by inflation.
Looking for a tangible, appreciating asset that can be enjoyed and easily liquidated when required really.
Say I buy good watches, new Rolex for example. Keep it unworn in its box. Sell it in 5 (?) years...
For example, my wife bought me a GMT 10 years ago. I have loved wearing it and it's now worth a good bit more than she paid for it.
Similarly cars. I have an elderly (but quite rare) Mercedes that's worth more than I paid for it and I have had 5 years of enjoyment. Yes, it's cost me for VED, insurance, servicing, etc. but factor in the fun and I'm happy with the notional return.
Buy the right Porsche, MB SL, Jensen, Stag, etc. I have garage space and I know I will enjoy driving it.
Antiques, paintings, jewellery, any ideas?
Looking for a tangible, appreciating asset that can be enjoyed and easily liquidated when required really.
Say I buy good watches, new Rolex for example. Keep it unworn in its box. Sell it in 5 (?) years...
For example, my wife bought me a GMT 10 years ago. I have loved wearing it and it's now worth a good bit more than she paid for it.
Similarly cars. I have an elderly (but quite rare) Mercedes that's worth more than I paid for it and I have had 5 years of enjoyment. Yes, it's cost me for VED, insurance, servicing, etc. but factor in the fun and I'm happy with the notional return.
Buy the right Porsche, MB SL, Jensen, Stag, etc. I have garage space and I know I will enjoy driving it.
Antiques, paintings, jewellery, any ideas?
55palfers said:
Similar situation as other thread. Mortgage free and interest rates are rubbish. Effectively, cash money is being eroded by inflation.
Looking for a tangible, appreciating asset that can be enjoyed and easily liquidated when required really.
Say I buy good watches, new Rolex for example. Keep it unworn in its box. Sell it in 5 (?) years...
For example, my wife bought me a GMT 10 years ago. I have loved wearing it and it's now worth a good bit more than she paid for it.
Similarly cars. I have an elderly (but quite rare) Mercedes that's worth more than I paid for it and I have had 5 years of enjoyment. Yes, it's cost me for VED, insurance, servicing, etc. but factor in the fun and I'm happy with the notional return.
Buy the right Porsche, MB SL, Jensen, Stag, etc. I have garage space and I know I will enjoy driving it.
Antiques, paintings, jewellery, any ideas?
No guarantees on the future values of cars, watches etc - plenty of reason to believe that many classic cars are currently overvalued.Looking for a tangible, appreciating asset that can be enjoyed and easily liquidated when required really.
Say I buy good watches, new Rolex for example. Keep it unworn in its box. Sell it in 5 (?) years...
For example, my wife bought me a GMT 10 years ago. I have loved wearing it and it's now worth a good bit more than she paid for it.
Similarly cars. I have an elderly (but quite rare) Mercedes that's worth more than I paid for it and I have had 5 years of enjoyment. Yes, it's cost me for VED, insurance, servicing, etc. but factor in the fun and I'm happy with the notional return.
Buy the right Porsche, MB SL, Jensen, Stag, etc. I have garage space and I know I will enjoy driving it.
Antiques, paintings, jewellery, any ideas?
None of the options you list can readily be described as 'easy liquidated', unless you don't care how much it can be liquidated for!!
Some cars seem to go up in value but it seems a bubble that will pop at some point, maybe it will continue though. I always see watches, cars etc as things to enjoy rather than a route to riches. Good dividend shares with income reinvested is usually a route to good returns but it isn't very sexy.
55palfers said:
Looking for a tangible, appreciating asset that can be enjoyed and easily liquidated when required really.
If it was that easy we would all be doing it.Assets are only worth what someone is willing to pay, and not many buyers about that will pay more than retail price.
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