Open question - Financial

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If I had a spare £20k for investment, I would look at trying to obtain some of the land bordering where I currently live... make the property land area a bit bigger. Continue the willow bed development. I'd also look at getting the barn and workshop into an improved state of repair, perhaps adding more raised beds/polytunnel coverage and increasing the coal and wood stockpile. Maybe get improved energy systems- e.g. a solar/battery system or similar. Lots of little things to hedge against price increases and improve household resilience in the long term.
You sir have made the best suggestion of this thread so far in my opinion. :encourage:
 
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I
You sir have made the best suggestion of this thread so far in my opinion. :encourage:
“buy land, they don’t make it anymore”.

20k mightn’t go too far, depends on location, and can be a case of the eye of the beholder, as might discover when trying to get your investment back, which could be tricky.
 
“buy land, they don’t make it anymore”.

20k mightn’t go too far, depends on location, and can be a case of the eye of the beholder, as might discover when trying to get your investment back, which could be tricky.
Not all investments are about making profits which in itself should just be a means to an end. Making money should be nothing more than simply a tool to gaining a better more fulfilling life in some way or other.

If you invested £20k into something which would directly improve your life or the life of your loved ones in real terms then who cares if you make a £ measured accounting profit at the end of it? You can't put a price on happiness. Using it to improve the life of other people and animals is where the real profits lie in my opinion.
 
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Not all investments are about making profits which in itself should just be a means to an end. Making money should be nothing more than simply a tool to gaining a better more fulfilling life in some way or other.

If you invested £20k into something which would directly improve your life or the life of your loved ones in real terms then who cares if you make a £ measured accounting profit at the end of it? You can't put a price on happiness. Using it to improve the life of other people and animals is where the real profits lie in my opinion.
Indeed agreed, it depends on what one deems to be the return on investment, it’s not all about the money. I’d pay good money for 20k worth of forest with waterfront or even better a beach.
 
Indeed agreed, it depends on what one deems to be the return on investment, it’s not all about the money. I’d pay good money for 20k worth of forest with waterfront or even better a beach.
If any profits made are spent directly on enriching your life rather than being reinvested back into making more profits in £ accounting terms should that still be considered a type of investment of sorts?

For example a few months ago I needed a new winter coat. Sure I could have paid £30-60 and bought a perfectly good coat which would have done the job just fine but instead I chose to invest £185 into buying a Keela Munro coat which not only works better than a cheaper coat would do but should also last a bit longer due to it being built like a proverbial tank.

Now there is 0% chance of me ever making a £ accounting profit on that coat even when you take into account that it should last longer than a cheaper coat would (buy cheap pay twice principle). But considering how much time I spend outdoors in all weathers, the tough life my outdoor clothes generally have to endure and how much I value feeling comfortable I consider this coat to be every bit as much of an investment as the four or five Silver Britannia bullion coins (bought together with a cheaper less superior coat) on which I could have spent the same £185 on instead.
 
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Surely Investment suggests a level of capital appreciation.
Depends on your/our definition.

If you spend twice as much buying better quality tools which do a better job would you consider that to be a type of investment in your own future?
 
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Depends on your/our definition.

If you spend twice as much buying better quality tools that do a better job would you consider that to be a type of investment in you own future?
As the question posed was a financial based one i suggest the best set of terms and definitions to use would be also financial sourced in meaning.
 
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Hmmm, yes, but the yeild of "investment" can be financial in terms of reduced living costs in future rather than a lump of cash. Both will improve how much financial head-room you have, but one is more visible than the other.

For example, paying down a mortgage. It may not lead to a lump of cash, but it will result in reduced outgoings so in practice greater cash available- plus some improved financial security. (and back in the days of higher interest rates was always recommended if you came into some cash, no idea what the advice is these days).

My "little bits" are along those lines- stuff to reduce future outgoings.

GC
 
Hmmm, yes, but the yeild of "investment" can be financial in terms of reduced living costs in future rather than a lump of cash. Both will improve how much financial head-room you have, but one is more visible than the other.

For example, paying down a mortgage. It may not lead to a lump of cash, but it will result in reduced outgoings so in practice greater cash available- plus some improved financial security. (and back in the days of higher interest rates was always recommended if you came into some cash, no idea what the advice is these days).

My "little bits" are along those lines- stuff to reduce future outgoings.

GC

Investing money into land , improving or working that land would be an investment because Land is seen as an appreciable asset.

Buying a coat, as mentioned earlier - unless its Gucci / Versace ( and likely to increase ) - would be an asset that depreciates - although would provide a level of comfort.
 
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Yes, it's important to understand the difference between assets, both appreciating and depreciating, investments, and liabilities.
 
Investing money into land , improving or working that land would be an investment because Land is seen as an appreciable asset.

Buying a coat, as mentioned earlier - unless its Gucci / Versace ( and likely to increase ) - would be an asset that depreciates - although would provide a level of comfort.
Or vintage Stone Island.
 
Silver classed as 'critical' by USA.


Ha ha. That's not a surprise. We've known that for years. The price of silver has been kept artificially low in proportion to its scarcity in relation to gold. It simply does not add up, unless ........... It is a fact that gold is worth 80 to 1 times more than silver despite having considerably less practical uses. There is not 80 times more silver than gold There is about half that. That speaks volumes When banking institutions make announcements like that through the government it really is time to sit up and take notice that the Great Reset could be about to reset your bank balance. Might pay to buy some silver even :) xxxxxx
 
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Ha ha. That's not a surprise. We've known that for years. The price of silver has been kept artificially low in proportion to its scarcity in relation to gold. It simply does not add up, unless ........... It is a fact that gold is worth 80 to 1 times more than silver despite having considerably less practical uses. There is not 80 times more silver than gold There is about half that. That speaks volumes When banking institutions make announcements like that through the government it really is time to sit up and take notice that the Great Reset could be about to reset your bank balance. Might pay to buy some silver even :) xxxxxx

Its been at that and alot more for a long time however.

https://www.bullionbypost.co.uk/price-ratio/gold/silver/alltime/

I do wonder if the US adding it to their must have shopping list will influence the price in the next few months.
 
Great Reset? Great Recession, maybe more like it. :lol:

Though, three years ago I was peeing myself laughing at a friend of mine who ran down to the gold sellers down at Canada Place. There was a queue of people buying ingots to stick in their safes. Price of gold has doubled since. Mind, I still think it's driven by stupid.
 
Its been at that and alot more for a long time however.

https://www.bullionbypost.co.uk/price-ratio/gold/silver/alltime/

I do wonder if the US adding it to their must have shopping list will influence the price in the next few months.
It has yes but that just means the silver price has been suppressed for a long time. It does keep track with gold at about 80 to one but that will change. The US adding it to their critical list could be the first part in a line of regulations that regulate purchase and ultimately ends in confiscation. The current financial system is broken and the rich will do anything not to end up broke with it. x
 
Great Reset? Great Recession, maybe more like it. :lol:

Though, three years ago I was peeing myself laughing at a friend of mine who ran down to the gold sellers down at Canada Place. There was a queue of people buying ingots to stick in their safes. Price of gold has doubled since. Mind, I still think it's driven by stupid.
yep Great Reset , recession is but a side effect.
ps, I bought some silver for a grand 18 months ago. I sold it for double last month. I bought loadsa camping gear and tools with the money. In answer to the original question of the thread It really is a good investment. xxxxx
 
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I hadn't heard of this term until recently and still reading around it but thought it was interesting and of relevance. The VPOTUS has commented upon it recently and how maybe to be competitive the USA need to relinquish its position as GRC holder.

My mind is finding that notion difficult to wrap itself around.

 

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