Anyone know of any other ways to invest money, other than the usual (property/banks etc)? A friend of mine back in Blighty dabbles in classic/antique shotguns and rifles and he tells me he hasn't lost any money on the ones he's bought and then sold so far and looking at the prices, it seems pretty water tight an investment to me. I know this is a bit of a specialised field, but wondered if anyone knew if any other alternative ways to beat the bank?
(I've not got a pot to p*ss in so this isn't an advice question, just interested to see)
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Gold - Me cupboards are bare....
Here's his quotes: businessinsider.com/warren-buffett-quotes-2012-8?op=1
My favourites are:
"I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will."
"Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway."
Bordeaux will hold value and gain compared to other commodities
But in a trade war re solar panels, China are threatening to retaliate by investigating EU wine dumping, so there may be heavy tariffs imposed that will put an end to that little number!
But that doesn't stop the haves collecting. I'm not talking about the man on the street or government legislation . I am talking about the rich and super rich who will spend for the kudos of the brand no matter what international tariff disputes arise.
A case of Petrus is about as rock solid as anything In Europe in terms of holding REAL value
My own personal rule on investing is that as soon as your average punter is being urged to buy something, it's time to bail out.
I would also take an exposure in the Indonesian stock market and sell shortly after the election.
You have £20 grand and bank offering you less than 1% interest a year for saving with them.
I need to borrow £5 grand but banks want to charge me 20% a year to borrow it for 2 years.
Cut out the banks= you lend me the £5 grand I need out of your £10 grand and charge me 6% a year for it.
I get a much better rate of borrowing and you get a better rate of lending than you would from a bank over the same period (assuming interest rates dont fly up to 6+% in the next 2 years)
took loan with barclays 23.9%
after a year paid loan off early 100 pound month repayments had paid about £2.50 off
Seems common sense investment to me
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