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-   -   Our Favourite Investments (https://www.aspkin.com/forums/everything-else/81506-our-favourite-investments.html)

bananaappeal 01-07-2015 02:17 AM

Our Favourite Investments
 
Interesting to read what fellow users invest their hard earned dollar into?

Here in Australia real estate is a very secured/profitable investment.

As well as real estate I also invest in vintage collectable motorcycles which have climbed in huge value over the past 10 years adding onto my inherited small collection.

nearnu 01-07-2015 02:27 AM

Re: Our Favourite Investments
 
Quote:

Originally Posted by bananaappeal (Post 628485)
Interesting to read what fellow users invest their hard earned dollar into?

Here in Australia real estate is a very secured/profitable investment.

As well as real estate I also invest in vintage collectable motorcycles which have climbed in huge value over the past 10 years adding onto my inherited small collection.

That is so cool. My hubbie does custom painting for motorcycles and cars. He works at a shop and a reseller flipped a lamborghini for 400k today. We don't have the money for flipping cars yet, but we hope to one day!

yankee 01-07-2015 08:13 AM

Re: Our Favourite Investments
 
More businesses. I have sold off most of my hard assets and look for more velocity.

Whole life insurance policies at least here in the USA can have exceptional living benefits if you use them correctly.

rsot 01-07-2015 09:39 AM

Re: Our Favourite Investments
 
Quote:

Originally Posted by nearnu (Post 628491)
That is so cool. My hubbie does custom painting for motorcycles and cars. He works at a shop and a reseller flipped a lamborghini for 400k today. We don't have the money for flipping cars yet, but we hope to one day!

Wow - would love to see photos of that - <3 lambos

nearnu 01-07-2015 12:54 PM

Re: Our Favourite Investments
 
Quote:

Originally Posted by rsot (Post 628599)
Wow - would love to see photos of that - <3 lambos

He moved shops recently. His old shop only did paint jobs on high end cars. So I got see lambo's, ferarri, lotus, and rolls royce etc. Someone brought in the most expensive Tesla you can get. It was ok. I love the lambo's the most. One guy was a super rich inventor and he owns two.

bananaappeal 01-07-2015 06:36 PM

Re: Our Favourite Investments
 
Quote:

Originally Posted by nearnu (Post 628491)
That is so cool. My hubbie does custom painting for motorcycles and cars. He works at a shop and a reseller flipped a lamborghini for 400k today. We don't have the money for flipping cars yet, but we hope to one day!

That would be a sight to see everyday! Big moneys in prestige and classic cars at the moment, especially in the USA and Canada!

nearnu 01-07-2015 07:25 PM

Re: Our Favourite Investments
 
Quote:

Originally Posted by bananaappeal (Post 628823)
That would be a sight to see everyday! Big moneys in prestige and classic cars at the moment, especially in the USA and Canada!

Car parts and certain cars are big money. Its a high risk game and you have to be able to sit on things for a long time. But if you can, you can kill it. One day I would love to get into that market.

yotano211 01-07-2015 11:04 PM

Re: Our Favourite Investments
 
I have a small 4 plex unit that are rented out and I am saving up to get another sometime early next year, I like to pay cash for things. But I am planning to fully do that and slowly get away from ebay.
I had my eyes on a medium sized double plex but the deal feel through.

bananaappeal 01-08-2015 12:07 AM

Re: Our Favourite Investments
 
Quote:

Originally Posted by yotano211 (Post 628886)
I have a small 4 plex unit that are rented out and I am saving up to get another sometime early next year, I like to pay cash for things. But I am planning to fully do that and slowly get away from ebay.
I had my eyes on a medium sized double plex but the deal feel through.

I have a similar setup though only a duplex. I feel the same way about eBay mate, a year from now eBay should be irrelevant to me as my little duplex's income should kick up after a little reno is done.

nearnu 01-08-2015 12:19 AM

Re: Our Favourite Investments
 
The property where I live is ridiculous. A ****ty house costs 800,000 and the cheapest peace of vacant land is 1 mil. Even in a dive area. Totally over developed here.

rsot 01-08-2015 06:49 AM

Re: Our Favourite Investments
 
Quote:

Originally Posted by bananaappeal (Post 628891)
I have a similar setup though only a duplex. I feel the same way about eBay mate, a year from now eBay should be irrelevant to me as my little duplex's income should kick up after a little reno is done.

Reno is always pricey unless you do it yourself :) I also do some rental property

bananaappeal 01-08-2015 06:35 PM

Re: Our Favourite Investments
 
Quote:

Originally Posted by rsot (Post 628958)
Reno is always pricey unless you do it yourself :) I also do some rental property

I totally agree, mostly having them done by friends and myself.


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