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General Chat (Vincent Related)
Investment Potential
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<blockquote data-quote="Mick Parry" data-source="post: 5785" data-attributes="member: 1178"><p>Chaps</p><p></p><p>I know that this subject will piss a few people off, but I will do it anyway.</p><p></p><p>I am soon about to retire and will have a lot more time on my hands. I currently run a BSA B31 and over the last two years have clocked up a massive 300 miles. This is only due to lack of time. I work ludicrously long hours and thank goodness this is soon to end.</p><p></p><p>Therefore I am going to be able to potter about a bit more often on the bike as well as indulge in my other hobbies of clay pigeon shooting and gardening.</p><p></p><p>Here is the question, we are coming into a recession that will probably take 5 years to climb out of, hopefully a bit quicker, but I wouldn't bet on it. </p><p></p><p>Should I treat myself to a Vincent as an investment that I can also use. I know I can invest in shares and property ( I have 2 uk houses and one in Spain plus a load of shares) but I could justify buying a Vincent to the wife if I could safely bet on selling it in say 10 years at a decent profit.</p><p></p><p>On one side, most enthusiasts are like me, in their fifties and sixties and we are going to slowly die off and that could see a lot of bikes coming up on the market and hence it would be a crap investment.</p><p></p><p>On the other side, men like toys and classic bikes are toys and there will always be rich ******s who can buy them without batting an eyelid. The Indian and Chineese economies will be prospering with a lot more potential buyers.</p><p></p><p>I will leave it until early next year when I retire and I suspect prices will be tighter than now and more bargains will appear.</p><p></p><p>If I buy it, I will carefully maintain it and use it but I do want to edge my bets financially.</p><p></p><p>So any views on whether it is worth jumping in</p><p></p><p>Regards</p><p></p><p>Mick</p></blockquote><p></p>
[QUOTE="Mick Parry, post: 5785, member: 1178"] Chaps I know that this subject will piss a few people off, but I will do it anyway. I am soon about to retire and will have a lot more time on my hands. I currently run a BSA B31 and over the last two years have clocked up a massive 300 miles. This is only due to lack of time. I work ludicrously long hours and thank goodness this is soon to end. Therefore I am going to be able to potter about a bit more often on the bike as well as indulge in my other hobbies of clay pigeon shooting and gardening. Here is the question, we are coming into a recession that will probably take 5 years to climb out of, hopefully a bit quicker, but I wouldn't bet on it. Should I treat myself to a Vincent as an investment that I can also use. I know I can invest in shares and property ( I have 2 uk houses and one in Spain plus a load of shares) but I could justify buying a Vincent to the wife if I could safely bet on selling it in say 10 years at a decent profit. On one side, most enthusiasts are like me, in their fifties and sixties and we are going to slowly die off and that could see a lot of bikes coming up on the market and hence it would be a crap investment. On the other side, men like toys and classic bikes are toys and there will always be rich ******s who can buy them without batting an eyelid. The Indian and Chineese economies will be prospering with a lot more potential buyers. I will leave it until early next year when I retire and I suspect prices will be tighter than now and more bargains will appear. If I buy it, I will carefully maintain it and use it but I do want to edge my bets financially. So any views on whether it is worth jumping in Regards Mick [/QUOTE]
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