I want some shiny things

[doodab]

I'm investing in high quality manufactured goods that will last a lifetime and are unlikely to be superseded due to technological progress. This also serves to increase one's quality of life.

[PAH]

FWIW a boat holds its value way better than a car, so a yacht isn't a bad option.

I have in the last year or two wondered about the option of living on a boat. Especially if I learnt to sail it properly so could tour the world, or at least the med, anchoring hear and there for free, and only having maintenance costs on top of food/drink to worry about.

Certainly seems more appealing than sinking my money into a pile of bricks that are both immobile and easily taxed.

[PAH]

There are countries where property prices are booming and banks give a good rate of interest.

The thought of fleeing the UK does appeal, but the isolation of being away from everyone I know may be too hard.

There are still large parts of the UK that are still pleasant places to live so I've not fallen into the grass is greener trap yet.

[PAH]

I'm investing in high quality manufactured goods that will last a lifetime and are unlikely to be superseded due to technological progress. This also serves to increase one's quality of life.

Any examples?

That's the sort of investment that appeals. Stuff you can enjoy instead of having something hidden in a safe which is only a future benefit and possibly only to those that inherit it and will no doubt sell it on asap!

[PAH]

Connect four.

[d000hg]

I have in the last year or two wondered about the option of living on a boat. Especially if I learnt to sail it properly so could tour the world, or at least the med, anchoring hear and there for free, and only having maintenance costs on top of food/drink to worry about.

Certainly seems more appealing than sinking my money into a pile of bricks that are both immobile and easily taxed.

You can get a pretty nice yacht for £100k or one which will comfortably cross the ocean for a fair chunk less. Not luxury and jacuzzis but solid and functional.

The thought of fleeing the UK does appeal, but the isolation of being away from everyone I know may be too hard.

There are still large parts of the UK that are still pleasant places to live so I've not fallen into the grass is greener trap yet.

I took his comment to mean you could buy property abroad or invest your money in foreign bank accounts without moving there?

What happens if you put your £100k in a bank in some country with a 15% interest rate... or even borrow money in the UK to put in a savings account in another nation? Presumably there is something to stop this otherwise it would be free money.

[doodab]

I have in the last year or two wondered about the option of living on a boat. Especially if I learnt to sail it properly so could tour the world, or at least the med, anchoring hear and there for free, and only having maintenance costs on top of food/drink to worry about.

Certainly seems more appealing than sinking my money into a pile of bricks that are both immobile and easily taxed.

The running costs are quite high. Maintainance will average out over time at perhaps 7-10% of the value of the boat per year, and realistically you will want to anchor in a proper harbour or marina now and then, which isn't that cheap. A powerboat will guzzle fuel which is also expensive.

[doodab]

Any examples?

That's the sort of investment that appeals. Stuff you can enjoy instead of having something hidden in a safe which is only a future benefit and possibly only to those that inherit it and will no doubt sell it on asap!

Cookware and tools.

Not investments in the sense of being things that I can sell at a later date for more than I originally paid, but investments in the sense that I will save money in the long run and benefit in other ways from owning them e.g. good tools help preserve the value and prolong the lifetime of other things such as bicycles, good cookware means cooking is more fun so I save money on takeaways.

[TimberWolf]

Aluminium foil is shiny and cheap.

[doodab]

Definition of "Boat": Hole in the water you pour money into.