Alternative Investments...any experience?

grey_gym_sock

well, restoring lots of cars, rather than just 1 or 2, makes it more likely to be a business - i.e. regularity matters. high profits could attract HMRC's attention, though it shouldn't matter in theory.

higher earnings elsewhere aren't strictly relevant. though i suppose it might help if you could point out that you have so many expensive things that it's hardly surprising if a few of them go up in value - i.e. there was no plan to sell at a profit.

Porcupine

I'd say only buy things you like and are useful in some other capacity, so you still have something left if the value plummets. If it's a chair, you can sit on it. If it's a painting, it can go on the wall. If it's jewellery, you can wear it and it has value for the metal. If it's wine, you can drink it. But if it's a stamp...?

srcandas

Porcupine wrote: »

If it's wine, you can drink it.

But then it has gone

Surprised no one has mentioned musical instruments. They can look very attractive as ornaments; even if you don't play you might get tempted to learn; and if of quality tend to gain rarity value as time progresses. And I can't think in the future music will drop in popularity.

But beware. I now have four flamenco guitars (£800, £440, £1500 and £1300) and I couldn't/wouldn't part with any of them at any price. They are my friends

sabretoothtigger

Post up a picture, are they engraved. No doubt its overdone but property or even plain land is alternative but still I think one of the safest investments for reason stated above, it always has a use.
That use may turn out for sheep grazing or building skyscrapers, fortunes vary

They just built a whole forest of houses on an old rubbish tip here, it was empty three decades before that investment came due. Such things could perform way better then any normal pension I reckon

bigadaj

Very expensive to build on old rubbish tips, contamination, gas etc so the land frequently has negative value.