Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • principlecounts
    • By principlecounts 16th Mar 17, 7:51 PM
    • 258Posts
    • 63Thanks
    principlecounts
    What to purchase for 100 and will appreciate in 2 years?
    • #1
    • 16th Mar 17, 7:51 PM
    What to purchase for 100 and will appreciate in 2 years? 16th Mar 17 at 7:51 PM
    I've got about 100 cashback from Amex Cashback card. I've stopped using that card now, and have moved on to their BA card as collecting Avios points is more important to me now than cashback.

    Rather than waste 100 on everyday pointless things, what should I spent it on that will appreciate in 2 years?
    Student loan: 9,372.11 @31/03/2017 (1.25%)
    Mortgage 1: 208,462.73 (1.38%)
    Mortgage 2: 148,500.00 (2.14%)
    2017 Saving Challenge: Personal: 1000/2000 (2%), 2017 N&SI: 100/500 (Monthly Prize Draw)
Page 1
    • Sleazy
    • By Sleazy 16th Mar 17, 7:54 PM
    • 6,076 Posts
    • 5,462 Thanks
    Sleazy
    • #2
    • 16th Mar 17, 7:54 PM
    • #2
    • 16th Mar 17, 7:54 PM
    Wine, Women & Song if you can get it all for that. At least somebody will appreciate it.
    • principlecounts
    • By principlecounts 16th Mar 17, 8:01 PM
    • 258 Posts
    • 63 Thanks
    principlecounts
    • #3
    • 16th Mar 17, 8:01 PM
    • #3
    • 16th Mar 17, 8:01 PM
    Tempting, but this person has a budget
    Student loan: 9,372.11 @31/03/2017 (1.25%)
    Mortgage 1: 208,462.73 (1.38%)
    Mortgage 2: 148,500.00 (2.14%)
    2017 Saving Challenge: Personal: 1000/2000 (2%), 2017 N&SI: 100/500 (Monthly Prize Draw)
    • bobobski
    • By bobobski 16th Mar 17, 8:22 PM
    • 641 Posts
    • 1,463 Thanks
    bobobski
    • #4
    • 16th Mar 17, 8:22 PM
    • #4
    • 16th Mar 17, 8:22 PM
    Hows about buying everyday pointless things and putting the money you would otherwise have spent on those things into savings?
    #18: Save 12k in 2017: 6,294.83 / 12,000 (52.4%) | #86: Save 12k in 2016: 8,476.09 / 10,000 (84.76%)
    House deposit by 31/12/2020: 16,931.32 / 60,000 (28.2%) | Emergency fund by 31/12/2020: 1,105.93 / 5,000 (22.1%)
    • kidmugsy
    • By kidmugsy 16th Mar 17, 8:24 PM
    • 9,368 Posts
    • 6,143 Thanks
    kidmugsy
    • #5
    • 16th Mar 17, 8:24 PM
    • #5
    • 16th Mar 17, 8:24 PM
    Premium Bond. Every month (bar the first) the chance of a million.
    • principlecounts
    • By principlecounts 16th Mar 17, 8:50 PM
    • 258 Posts
    • 63 Thanks
    principlecounts
    • #6
    • 16th Mar 17, 8:50 PM
    • #6
    • 16th Mar 17, 8:50 PM
    No shortcuts, direct from the Amex card
    Student loan: 9,372.11 @31/03/2017 (1.25%)
    Mortgage 1: 208,462.73 (1.38%)
    Mortgage 2: 148,500.00 (2.14%)
    2017 Saving Challenge: Personal: 1000/2000 (2%), 2017 N&SI: 100/500 (Monthly Prize Draw)
    • Pincher
    • By Pincher 16th Mar 17, 9:13 PM
    • 6,516 Posts
    • 2,490 Thanks
    Pincher
    • #7
    • 16th Mar 17, 9:13 PM
    • #7
    • 16th Mar 17, 9:13 PM
    Pay for Costco Executive Membership.

    Then buy stuff in Costco. The Executive Membership gives you 2% cashback.

    Potentially, you can buy stuff for other people, they pay the Amex what they spent, but you get 2% cashback on the Costco card.
    • coyrls
    • By coyrls 16th Mar 17, 9:37 PM
    • 795 Posts
    • 784 Thanks
    coyrls
    • #8
    • 16th Mar 17, 9:37 PM
    • #8
    • 16th Mar 17, 9:37 PM
    2 50 bottles of wine; drink after 2 years.
    • TrustyOven
    • By TrustyOven 16th Mar 17, 9:45 PM
    • 550 Posts
    • 618 Thanks
    TrustyOven
    • #9
    • 16th Mar 17, 9:45 PM
    • #9
    • 16th Mar 17, 9:45 PM
    A couple good non-fiction books on subjects relating to your career, on an aspect you are not quite comfortable or you lack knowledge. Read them. Learn the concepts, soak up the material, put it into practice. Perhaps could result in a raise, and at least you would be one level closer to mastery.
    Goals
    Save 12k in 2017 #016 (2040.32 / 10k) (20.40%)
    Save 12k in 2016 #041 (4558.28 / 6k) (75.97%)
    Save 12k in 2014 #192 (4115.62 / 5k) (82.3%)
    • parchedpeas
    • By parchedpeas 17th Mar 17, 1:10 AM
    • 21 Posts
    • 4 Thanks
    parchedpeas
    If this thread is serious, and you have storage, then you can beat interest rates by buying the things you will consume over the next two years and keeping them.

    Sterling is already down and inflation is on the way. If you can buy and store in advance and the things you need are non-perishable, then get going. Worst case scenario, you've lost the opportunity cost of what you COULD have bought and prices stay flat. Anything above that is a gain.
    • principlecounts
    • By principlecounts 17th Mar 17, 8:42 AM
    • 258 Posts
    • 63 Thanks
    principlecounts
    This is serious.
    Student loan: 9,372.11 @31/03/2017 (1.25%)
    Mortgage 1: 208,462.73 (1.38%)
    Mortgage 2: 148,500.00 (2.14%)
    2017 Saving Challenge: Personal: 1000/2000 (2%), 2017 N&SI: 100/500 (Monthly Prize Draw)
    • Shashy
    • By Shashy 17th Mar 17, 9:00 AM
    • 33 Posts
    • 27 Thanks
    Shashy
    This is serious.
    Originally posted by principlecounts
    Really?

    You want to buy something worth 100 that will appreciate in 2 years. That's a serious question?

    Wine.
    • Alice Holt
    • By Alice Holt 17th Mar 17, 9:44 AM
    • 1,225 Posts
    • 1,311 Thanks
    Alice Holt
    Use the 100 to Increase your human capital and worth.

    Some suggestions around investment learning:

    http://www.open.edu/openlearn/money-management/managing-my-investments/content-section-overview

    https://www.futurelearn.com/courses/managing-my-investments

    http://www.open.edu/openlearn/money-management/management/business-studies/investment-risk/content-section-0

    https://www.scotwest.co.uk/open-university-personal-finance-courses/

    http://monevator.com/review-smarter-investing-by-tim-hale/

    https://www.abebooks.co.uk/Investment-Management-Stephen-Lofthouse-John-Wiley/6226536513/bd

    https://www.amazon.co.uk/How-Fix-Your-Finances-Financial/dp/0471967025
    • Elijah Bailey
    • By Elijah Bailey 17th Mar 17, 10:57 AM
    • 69 Posts
    • 61 Thanks
    Elijah Bailey
    Buy all the merchandising you can from the 1979 Disney Movie "The Black Hole" as it will be the fortieth anniversary in 2019 and it will all be worth a lot more to dozens of internet nerds.
    • rob_hants
    • By rob_hants 17th Mar 17, 2:11 PM
    • 3 Posts
    • 0 Thanks
    rob_hants
    Postage stamps!
    • principlecounts
    • By principlecounts 17th Mar 17, 7:55 PM
    • 258 Posts
    • 63 Thanks
    principlecounts
    Update: Amex have agreed to send me the cashback to my bank account. So direct from Amex not required.
    Student loan: 9,372.11 @31/03/2017 (1.25%)
    Mortgage 1: 208,462.73 (1.38%)
    Mortgage 2: 148,500.00 (2.14%)
    2017 Saving Challenge: Personal: 1000/2000 (2%), 2017 N&SI: 100/500 (Monthly Prize Draw)
    • Flobberchops
    • By Flobberchops 17th Mar 17, 9:22 PM
    • 519 Posts
    • 357 Thanks
    Flobberchops
    Rather than waste 100 on everyday pointless things, what should I spent it on that will appreciate in 2 years?
    Originally posted by principlecounts
    Here's a left-field suggestion: buy up as many of this years commemorative 50p and 2 coins as you can get your hands on and keep them in near-uncirculated condition. If it turns out either was a low mintage their value will spike around the same time circulation figures are announced. For reference, 2015 and 2016 WW1 commemorative 2 coins are changing hands for sometimes in excess of 5 a piece on eBay. Even after fees you're looking at a reasonable chance of doubling your money.

    Consider this my two pennies worth (ho ho).
    • principlecounts
    • By principlecounts 18th Mar 17, 5:21 PM
    • 258 Posts
    • 63 Thanks
    principlecounts
    I was into 50p coins a few years back, I did OK out of them. I'll keep a look out, thanks.

    Thanks.
    Student loan: 9,372.11 @31/03/2017 (1.25%)
    Mortgage 1: 208,462.73 (1.38%)
    Mortgage 2: 148,500.00 (2.14%)
    2017 Saving Challenge: Personal: 1000/2000 (2%), 2017 N&SI: 100/500 (Monthly Prize Draw)
    • jimjames
    • By jimjames 18th Mar 17, 6:45 PM
    • 11,900 Posts
    • 10,283 Thanks
    jimjames
    Rather than waste 100 on everyday pointless things, what should I spent it on that will appreciate in 2 years?
    Originally posted by principlecounts
    How about a car? Buy it for 100, strip it and sell parts and you'll make a lot more than 100.
    Remember the saying: if it looks too good to be true it almost certainly is.
    • firefox1956
    • By firefox1956 19th Mar 17, 11:25 AM
    • 1,080 Posts
    • 587 Thanks
    firefox1956
    Don't buy 2 bottles of wine......they might both be corked !!!
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

145Posts Today

1,129Users online

Martin's Twitter
  • Byebye! I'm about to stop work & twitter, to instead spend glorious time with Mrs & mini MSE. Wishing u a lovely summer. See u in 10 days.

  • WARNING Did you start Uni in or after 2012? The interest's rising to 6.1%; yet it doesnt work like you think. See https://t.co/IQ8f0Vyetu RT

  • RT @JanaBeee: @MartinSLewis Boris is the anomaly (coffee), the others are versions of normal (beer). Lots of same candidates = vote share d?

  • Follow Martin