Paddy Galore! Posted January 22, 2017 Report Share Posted January 22, 2017 on the other hand, if you don't really need the money then spunk it all on a good time. Quote Link to comment Share on other sites More sharing options...
clakk Posted January 22, 2017 Report Share Posted January 22, 2017 Old Bikes /Lambretta,s made a big mistake sold my Lambretta gp200 for about 350 quid 10 years ago worth 5 to 6 grand now,,storage is the key .If you can sit on the money if not as posted gold it just stays up in value atb Quote Link to comment Share on other sites More sharing options...
dodeer Posted January 22, 2017 Report Share Posted January 22, 2017 I live in a decent area with local houses between 350-1 million and the amount of people I see when I walk past the laundrette is quite unbelievable. Whether they can't be bothered doing at home or they get service washes I don't know but the person running it must be rubbing their hands Quote Link to comment Share on other sites More sharing options...
billytheghillie Posted January 22, 2017 Report Share Posted January 22, 2017 if it was me it would be invested in Whisky! Quote Link to comment Share on other sites More sharing options...
AVB Posted January 22, 2017 Report Share Posted January 22, 2017 Fees are horrendous This What are their fees? Quote Link to comment Share on other sites More sharing options...
Yellow Bear Posted January 22, 2017 Report Share Posted January 22, 2017 (edited) What are their fees? IIRC about 2% on investment when in profit - after fees, over the last 2 years which have not been good, we have seen between 5% and 10% growth. - well ahead of inflation Edited January 22, 2017 by Yellow Bear Quote Link to comment Share on other sites More sharing options...
AVB Posted January 22, 2017 Report Share Posted January 22, 2017 2% is too much. The market rate is 1-1.2% for a wealth management service. And those returns are not good. I manage my own Self Invested Pension and have averaged 12% over the past two years. If anybody wants to use a an on-line only investment mnager I would recommend nutmeg.com. I have a few ISA's with them and have performed well over the past two years. Fees are 0.75% for investments less than £100k, 0.35% over £100k. I have no vested interest in the company other than my investments. Quote Link to comment Share on other sites More sharing options...
Yellow Bear Posted January 22, 2017 Report Share Posted January 22, 2017 2% is too much. The market rate is 1-1.2% for a wealth management service. And those returns are not good. I manage my own Self Invested Pension and have averaged 12% over the past two years. If anybo - getting old and memorydy wants to use a an on-line only investment mnager I would recommend nutmeg.com. I have a few ISA's with them and have performed well over the past two years. Fees are 0.75% for investments less than £100k, 0.35% over £100k. I have no vested interest in the company other than my investments. Just been and checked the documents and you are right it is 1.2% and the return after fees was 10% - getting old and memory going as not looked at things since August. Quote Link to comment Share on other sites More sharing options...
armsid Posted January 23, 2017 Report Share Posted January 23, 2017 as said before classic cars and bikes my profile shows what is in the family storage is good caravan or classic car general is a money maker Quote Link to comment Share on other sites More sharing options...
Lloyd90 Posted January 23, 2017 Report Share Posted January 23, 2017 Depends how much it is. Changes to buy to let tax relief etc are a big turn off for 40-45% tax payers. Quote Link to comment Share on other sites More sharing options...
moondoggy Posted January 23, 2017 Report Share Posted January 23, 2017 Caravan storage, if you've got some spare land? Just an idea. Quote Link to comment Share on other sites More sharing options...
Rupert Posted January 24, 2017 Report Share Posted January 24, 2017 Industrial unit for self storage business Quote Link to comment Share on other sites More sharing options...
wandringstar Posted January 24, 2017 Report Share Posted January 24, 2017 a vaping shop Quote Link to comment Share on other sites More sharing options...
CaptC Posted January 24, 2017 Report Share Posted January 24, 2017 Cornish tin mining and the new idea of extracting lithium by drilling. Quote Link to comment Share on other sites More sharing options...
Eyefor Posted January 24, 2017 Report Share Posted January 24, 2017 (edited) as said before classic cars and bikes my profile shows what is in the family storage is good caravan or classic car general is a money maker Small (ish) money - Honda S2000, low miles - as many as you can find. Prices already going up rapidly. S2000GT (with hard top) is best. Reasonable money - any Newport Pagnell (i.e. not Gaydon) made Aston Martin (even rust buckets if the price is right). Serious money - any pre 1931 Bentley (not Rolls Royce). Search for a private sale. You'll need to know someone who knows someone who knows someone who has one. Edited January 24, 2017 by Eyefor Quote Link to comment Share on other sites More sharing options...
Dunkield Posted January 24, 2017 Report Share Posted January 24, 2017 You can add clean unmolested original BMW M3 and Mercedes 190 Cosworth to that list. Not cheap now but they are guaranteed to rocket up, if you have the money and the space to store. I mentioned air cooled 911's years ago but that ship has well and truly sailed now. I know nothing about old motocycles, but I do know someone who advises 'city boys' on buying them (which in turn drives the values up) as they are sick and tired of low returns everywhere else. More recent 2 strokes are already fetching silly money, V4's in particular. Quote Link to comment Share on other sites More sharing options...
AVB Posted January 24, 2017 Report Share Posted January 24, 2017 Small (ish) money - Honda S2000, low miles - as many as you can find. Prices already going up rapidly. S2000GT (with hard top) is best. Reasonable money - any Newport Pagnell (i.e. not Gaydon) made Aston Martin (even rust buckets if the price is right). Serious money - any pre 1931 Bentley (not Rolls Royce). Search for a private sale. You'll need to know someone who knows someone who knows someone who has one. Any increase in value has to be offset against the maintence costs. It isn't all profit. A mate of mine has a DB5 Aston. Yes that has appreciated massively over the past 15 years but he has also spent a lot on maintenance. And if you want to sell at the top price it has to be A1 condition. People sometimes look at the headline price and forget the overheads. Quote Link to comment Share on other sites More sharing options...
Dunkield Posted January 24, 2017 Report Share Posted January 24, 2017 You could say the same about property, but at least you can live in it Quote Link to comment Share on other sites More sharing options...
Blackpowder Posted January 24, 2017 Report Share Posted January 24, 2017 Get Purdey, Boss, Holland and Holland, John Dickson, Westley Richards etc to build you matched pairs. Store unfired for 10 years. Blackpowder Quote Link to comment Share on other sites More sharing options...
AlistairB Posted January 24, 2017 Report Share Posted January 24, 2017 En Primeur Wine - store it correctly and in 10-20 years it'll will more than pay for itself. It's not a lucrative as it once was but the First Growth houses still command very strong money. Historically, a buyer would always purchase multiples of 2 cases of anything he wanted, and once the wine was ready for drinking, sell one case which paid for both. You could either then drink the other (free wine!) one or sell that as well! Plenty of advice on it out there or if it's of interest, i can put you in touch with a couple of people. AB Quote Link to comment Share on other sites More sharing options...
Mungler Posted January 24, 2017 Report Share Posted January 24, 2017 Chrome bumper 1980's Mercedes 300 SL - still affordable to buy and restore; money in the bank and you get to use it (very practical car with ABS, power steering etc) and no one hates you for having one. You only need to look at the Pagoda's (and they aren't a great car). Quote Link to comment Share on other sites More sharing options...
yod dropper Posted January 24, 2017 Report Share Posted January 24, 2017 It's a difficult one, many investments and asset classes have had a good run in recent years. If you can identify it, you might care to choose an investment or asset that is not currently in favour and that is not speculative. I suspect many of the suggestions are only really suitable if you have sufficient specialist knowledge and in any case it might well be too late now anyway. Once there's money to be made elsewhere values are liable to 'ease'. I like to invest in funds; Brexit and Trump will throw up some more great opportunities. I've identified a sector and the funds that have been out of favour for a while and that I believe will prosper in the next 5 years or so. Anything that is tax-efficient is always attractive. Quote Link to comment Share on other sites More sharing options...
old'un Posted January 24, 2017 Report Share Posted January 24, 2017 It's a difficult one, many investments and asset classes have had a good run in recent years. If you can identify it, you might care to choose an investment or asset that is not currently in favour and that is not speculative. I suspect many of the suggestions are only really suitable if you have sufficient specialist knowledge and in any case it might well be too late now anyway. Once there's money to be made elsewhere values are liable to 'ease'. I like to invest in funds; Brexit and Trump will throw up some more great opportunities. I've identified a sector and the funds that have been out of favour for a while and that I believe will prosper in the next 5 years or so. Anything that is tax-efficient is always attractive. Would that be mining? As Trump said he wants to bring back mining big time and stuff global warming. Quote Link to comment Share on other sites More sharing options...
four-wheel-drive Posted January 24, 2017 Report Share Posted January 24, 2017 It sort of depends on what you think is a not unsubstantial amount of cash for me that would be about £20.000 but for you it could be £500.000 for my £20.000 I would put it in to a Santandair 123 account it was 3% on up to £21.000 or you could give it to a stock broker to gamble with and hope that you come out on top but one thing for shore he will, Quote Link to comment Share on other sites More sharing options...
yod dropper Posted January 24, 2017 Report Share Posted January 24, 2017 Would that be mining? As Trump said he wants to bring back mining big time and stuff global warming. It's the turmoil and movement and change that will allow money to be made. No doubt mining has the potential for growth, defence as well though I'm looking to the UK. The US indices have risen strongly so I guess much of it is already priced in over there. I've been taking advantage of the weak £ converting international funds for UK ones. Many UK domestically focused companies have not faired that well recently and smaller companies have not had a run in a while though some funds are now moving quickly. Money will flow in at some point. I doubt I'll get it right but think I'll get it right enough. Quote Link to comment Share on other sites More sharing options...
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