Nice People 13: Nice Save

ukmaggie45

We supposed to drive here yesterday but had a serious moth emergency that involved chucking out one of my precious vintage rugs and hours of vacuuming by my poor OH.

But we made it today! Here's sunset!

Caravan by ukmaggie45, on Flickr

And we each have the special glasses for the eclipse should we be lucky enough to have clear skies. The last one we were here, and both OH's parents here with us. I had photos once upon a time, but on a blog that the provider disappeared. Prob still have them on a hard drive of one of the broken computers. Must try get those sorted.

Nikkster

PasturesNew wrote: »

Woman in front of me spent £120 in Lidl. Wish I'd been watching her trolley as I had no idea anybody could spend £120 in Lidl on food (it's not a biggun).

I popped into Aldi on the way home this evening. Had something to take back (yes, I did feel slightly embarrassed returning something to Aldi, but it wasn't suitable - was an organiser for my (Aldi) potting table and it didn't fit). Picked up a few bits and pieces, including some ski socks and long johns that were in the reduced section (I'm not too embarrassed to rifle through that!).
Never know when they might come in handy

ukmaggie45

We have lots of primroses!

Caravan by ukmaggie45, on Flickr

The french lavender in a pot on the patio has survived the winter to my amazement. Will prune it and hope it flowers again. Other stuff in pot has gone, but we'll just find something new to put in. We never expect stuff in pots to survive, anything does is a bonus.

Caravan by ukmaggie45, on Flickr

Nikkster

Lovely pics maggie

Generali

michaels wrote: »

Fingers crossed.

What do NP think about flats over shops, yield is good (5.5%)?

What has capital appreciation been over time?
How do total returns (yield + appreciation) compare with other forms of property?
What are the risks to that yield? What happens if the shop becomes a stinky take away?
Are you investing for capital gain or yield? If capital gain, why choose a yield asset?
What is your tax position with income vs capital gains?

michaels

Generali wrote: »

What has capital appreciation been over time?
How do total returns (yield + appreciation) compare with other forms of property?
What are the risks to that yield? What happens if the shop becomes a stinky take away?
Are you investing for capital gain or yield? If capital gain, why choose a yield asset?
What is your tax position with income vs capital gains?

I think current property prices mean investing for yield is the way to go. Flats over shops yield more as they can only really be bought by investors as it is impossible to get a mortgage without a large deposit so values more depend on yield than moving with the overall property market. However if you can borrow 50% at 3% fixed and fund the rest from savings that are otherwise earning 3% at most and gain 5% net then you make a profit assuming capital values do not fall which is probably safe for a long term investment.

michaels

Bought a new car today for first time ever - actually it is more likely rented. Normally my cars come from eBay, this one was from hotukdeals. It's electric. We are curently driving old banger emergency second car as normal car is broken and hoping it lasts until new car is delivered.....

Generali

michaels wrote: »

I think current property prices mean investing for yield is the way to go. Flats over shops yield more as they can only really be bought by investors as it is impossible to get a mortgage without a large deposit so values more depend on yield than moving with the overall property market. However if you can borrow 50% at 3% fixed and fund the rest from savings that are otherwise earning 3% at most and gain 5% net then you make a profit assuming capital values do not fall which is probably safe for a long term investment.

If you are going to hold forever (30-35 years is approximately forever) then capital values don't matter.

PasturesNew

Nikkster wrote: »

.... ski socks and long johns ....Never know when they might come in handy

Trust me. Never. I've managed to get this far into life without ever seeing/owning either of those!



Maybe they'll make nice cat beds in 30 years' time.

Yorkie1

silvercar wrote: »

Kids car had done under 1000 miles since the last service and MOT. Still needed new brake pads, a major service and some attention to the airbag CU. Cost about £1 for each mile it had travelled.

My car is a bit like that; <1000 miles per year. It's 15 years old, and from time to time it does need the regular expenditure like brakes etc despite its low mileage. But at that age and mileage, I can't justify to myself spending £000's on a much newer car while this one still does the job and has a boot which is a perfect size. I do get it serviced every year with the MOT, but alternate big and small services.

silvercar wrote: »

Whispers
/whispers

Good luck!