...would I double my money in 10 years?

Personally, I think it looks crap but there's a lot of people out there for whom this is revered.

Better than cash in the bank/ISA?

Bearing in mind we might all be dead come December 2012.....

http://www.pistonheads.com/sales/2391213.htm

 

Gorgeous motors these! Punting investments are cars is so speculative, better than a bank/ISA but there are so many easier, more liquid and arguably less speculative ways to doubling your money in a year let alone 10!!!

 

So you could tell me a way to turn my £25k into £50k this time next year?

Do tell

 

+1

 

+2...

 

That is a beauty!

Always in a dilemma with what to do with savings - currently some in a bond getting pretty dismal interest, the rest in other accounts getting even less.

I wish had the kahunas to buy something like that as an investment but if I did:

1) Cars would suddenly be banned.
2) There's be a massive safety scare with all 2002s
3) The car would go up but much less than inflation.

So safe old cr4p interest bank accounts it is.

Yaawn.

 

Well last year I made a gross return of 163% and after all costs were settled that amounted to a net return on 118% to my clients....you just need to know what you're doing.

Buy the car though at least it gives you something to talk about

 

Wouldn't talk about the car, I'd forget I own it!

So come on, you've got us all on tenterhooks with this return malarkey....

 

Steady on Mattee that is not a diesel

TX.

 

shares probably . i was lucky i bought 3000 shares in the company i workf for at 48pence less than 2 years ago when the **** hit the fan took a punt they are as of 5pm today£3.06pence . holding on for 3.48 but if they drop to less than 3.00 i will off load .1440quid into 9180 in just over 2 years better than any bloody bonus we will ever get lol

 

You'd have the weigh up the cost of storage both in cash and risk. I mean someone might nick it or who know? A roof falls on it or something?

 

Rockhopper

 

Pyramid scheme anyone?..lol

 

Balanced equity portfolio......simples

 

I like about three diesels in production.

I like about 100 petrols.

Duh.

 

Ah, the way my JP Morgan Nat. Res. fund's going I might stick the money in there.

 

Wow these guys know how to charge for a service!!!

I appreciate you looking to buy an M3 but throwing more money at mining and commodity linked equities is a trade people have been on for the last 2 years with the USD weakness, global recovery etc. it's not rocket science! I think you're smarter than both the M3 choice and the choice of just throwing more money at a crowded trade......use your brain!

 

Good car to keep under lock and key in the garage, and not to drive; Thay are pants to drive by all accounts due to the turbo lag.

Heaven for me would be an E9 3.0CSL

 

Well I'm going to buy Portugal tomorrow.

So ner.

 

Are you no longer bullish for gold, Alloy?

 

You're quite correct of course.
More of my money's going into transport (not cars!) companies, one in particular.

I'd only buy a car that would only appreciate (or a least give me my money back after a few years) but that I could also use..... step forward one M3 CSL...

 

You spent that much on a BMW which will definitely not go up in value !

I would be looking at the cost of storage and keeping it insured and fettled, despite not being used tyres perish, so do hoses, rust can start, things can decide to eat the interior etc etc

 

Jacko - the BMW is a tool not an investment

I am also a tool and not an investment.

 

Gold and other dollar denominated commodities still very much a hold for me ATM. "QE2" is expected to stop in June, US inflation is no where near the levels we see domestically, I see no reason to add to such positions at the moment especially as every man and his dog have a piece of the action. The old adage if it's easy everyone one would be doing it springs to mind.....it's too obvious and crowded to have the reward expectations I crave, even though I do expect them all on the balance to trade higher there are other less obvious, more lucrative opportunities in the markets from where I'm sitting and the less people involved right now means in theory we should be ahead of the curve as they come to fruition over the next 6-12months and we can scale out as it becomes more common place. Remember what worked 12 months ago doesn't mean it will work in today's market, having done well out of commodity plays I remain happy to hold as they grind higher, that however doesn't mean I'm going to buy more!

 

put £25k on Real Madrid not to keep a clean sheet against Barcelona next time they play (will be 6/5 or maybe evens if you shop around) simples

 

hard to say as it doesn't have the original engine. I think a real purist would be looking for all the no's to match etc.

is there a big market for it ?

more obvious stuff might go up more, i.e 50's split screen vw campers ?

much much bigger market and getting rare now.

 

+1
I still hanker after either one of these or a 3.0 CSL

 

Are you trading for a fund or your own account?

 

Over reliance on jargon = not a good sign

 

Both, launched our hedge fund 7months ago which is my main focus, PA for stuff that falls out of it's remit
Mattee I couldn't have said what I said any dumber than how I did