If I put this in storage...
04 April 2011, 06:04 PM
#1
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If I put this in storage...
...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
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
04 April 2011, 06:12 PM
#2
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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!!!
04 April 2011, 07:07 PM
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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.
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.
04 April 2011, 07:29 PM
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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
Buy the car though at least it gives you something to talk about
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04 April 2011, 08:37 PM
#10
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
Last edited by madscoob; 04 April 2011 at 08:39 PM.
04 April 2011, 09:24 PM
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04 April 2011, 09:51 PM
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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!
04 April 2011, 10:03 PM
#18
...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
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
Heaven for me would be an E9 3.0CSL
Last edited by ALi-B; 04 April 2011 at 10:04 PM.
04 April 2011, 10:07 PM
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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!
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!
04 April 2011, 10:07 PM
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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...
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...
04 April 2011, 10:48 PM
#22
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.
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.
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
04 April 2011, 11:08 PM
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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!
05 April 2011, 10:30 AM
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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.
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.
05 April 2011, 10:46 AM
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I still hanker after either one of these or a 3.0 CSL
05 April 2011, 06:41 PM
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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!
05 April 2011, 07:26 PM
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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
Mattee I couldn't have said what I said any dumber than how I did