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  • FIRST POST
    • principlecounts
    • By principlecounts 16th Mar 17, 7:51 PM
    • 268Posts
    • 64Thanks
    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: 9186.62@31/03/2017 (1.5%)
    Mortgage 1: 207,350.52/210,474.00 (Dec 2017) (1.38%) until Aug 2019
    Mortgage 2: 148,371.33/148,500.00 (Dec 2017) (2.14%) until Aug 2019
    Dining Furniture Set: CLEARED.
    Carpets: CLEARED.
Page 1
    • Sleazy
    • By Sleazy 16th Mar 17, 7:54 PM
    • 8,548 Posts
    • 13,964 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.
    Sleazy
    In Vino Veritas, In Aqua Sanitas
    • principlecounts
    • By principlecounts 16th Mar 17, 8:01 PM
    • 268 Posts
    • 64 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: 9186.62@31/03/2017 (1.5%)
    Mortgage 1: 207,350.52/210,474.00 (Dec 2017) (1.38%) until Aug 2019
    Mortgage 2: 148,371.33/148,500.00 (Dec 2017) (2.14%) until Aug 2019
    Dining Furniture Set: CLEARED.
    Carpets: CLEARED.
    • bobobski
    • By bobobski 16th Mar 17, 8:22 PM
    • 705 Posts
    • 1,620 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?
    #8: Save 12k in 2018: 2,758.01 / 14,000 (19.70%) | #18: Save 12k in 2017: 12,078.82 / 12,000 (100.65%) | #86: Save 12k in 2016: 8,476.09 / 10,000 (84.76%)
    House deposit by 31/12/2020: 24,349.25
    / 60,000 (40.58%) | Emergency fund by 31/12/2020: 2,230 / 5,000 (44.60%)
    • kidmugsy
    • By kidmugsy 16th Mar 17, 8:24 PM
    • 10,529 Posts
    • 7,217 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
    • 268 Posts
    • 64 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: 9186.62@31/03/2017 (1.5%)
    Mortgage 1: 207,350.52/210,474.00 (Dec 2017) (1.38%) until Aug 2019
    Mortgage 2: 148,371.33/148,500.00 (Dec 2017) (2.14%) until Aug 2019
    Dining Furniture Set: CLEARED.
    Carpets: CLEARED.
    • Pincher
    • By Pincher 16th Mar 17, 9:13 PM
    • 6,516 Posts
    • 2,491 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
    • 971 Posts
    • 1,033 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
    • 692 Posts
    • 735 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 (4212.06 / 10k) (42.12%)
    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
    • 25 Posts
    • 6 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
    • 268 Posts
    • 64 Thanks
    principlecounts
    This is serious.
    Student loan: 9186.62@31/03/2017 (1.5%)
    Mortgage 1: 207,350.52/210,474.00 (Dec 2017) (1.38%) until Aug 2019
    Mortgage 2: 148,371.33/148,500.00 (Dec 2017) (2.14%) until Aug 2019
    Dining Furniture Set: CLEARED.
    Carpets: CLEARED.
    • Shashy
    • By Shashy 17th Mar 17, 9:00 AM
    • 93 Posts
    • 116 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
    • 2,022 Posts
    • 2,340 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
    • 85 Posts
    • 95 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
    • 268 Posts
    • 64 Thanks
    principlecounts
    Update: Amex have agreed to send me the cashback to my bank account. So direct from Amex not required.
    Student loan: 9186.62@31/03/2017 (1.5%)
    Mortgage 1: 207,350.52/210,474.00 (Dec 2017) (1.38%) until Aug 2019
    Mortgage 2: 148,371.33/148,500.00 (Dec 2017) (2.14%) until Aug 2019
    Dining Furniture Set: CLEARED.
    Carpets: CLEARED.
    • Flobberchops
    • By Flobberchops 17th Mar 17, 9:22 PM
    • 724 Posts
    • 523 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
    • 268 Posts
    • 64 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: 9186.62@31/03/2017 (1.5%)
    Mortgage 1: 207,350.52/210,474.00 (Dec 2017) (1.38%) until Aug 2019
    Mortgage 2: 148,371.33/148,500.00 (Dec 2017) (2.14%) until Aug 2019
    Dining Furniture Set: CLEARED.
    Carpets: CLEARED.
    • jimjames
    • By jimjames 18th Mar 17, 6:45 PM
    • 12,584 Posts
    • 11,230 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
    • 1,520 Posts
    • 904 Thanks
    firefox1956
    Don't buy 2 bottles of wine......they might both be corked !!!
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