Wasting money on expensive items

The biggest ripoff and waste of money is designer clothes. No intrinsic value and worthless after they have been worn a few times. Always amuses me you see kids aspiring to own £300 trainers or buying Moncler jackets when they are all made on the same production line and to the same quality requirements as much cheaper alternatives.
 
The biggest ripoff and waste of money is designer clothes. No intrinsic value and worthless after they have been worn a few times. Always amuses me you see kids aspiring to own £300 trainers or buying Moncler jackets when they are all made on the same production line and to the same quality requirements as much cheaper alternatives.

Exhibit 1 m'lud.

screenshot-www.matchesfashion.com-2022.06.29-10_24_50.png
 
I have to confess I love watches, well certain ones, I have a nice watch, nowhere near the levels qouted, not anywhere fucking remotely near, but a few quid. I think as well as keeping you right, they can be beautiful craftsmanship, something I love. They can also be investments. I take umbridge at watch’s being shown, not because of their exquisite design and workmanship, but simply because it’s worth £100k. If you are not in that group, but love them and see them as an investment, I’m in your camp.
 
'kin 'ell ;)
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If you want an example of how good an investment cars can be, back in the late 80s early 90s the arse fell out of the classic car market.
At a classic car show, someone was selling a 1964 Aston DB5 for £30k. It was far from perfect condition but probably could have been considered fair.
Fast forward to today and you would be lucky to pick one up in similar condition for less than £300k. That’s a 10 fold increase in value, much more than virtually all property over the same period of time.
Average house prices in the UK have risen by 100 times since the mid 60s.
 
Average house prices in the UK have risen by 100 times since the mid 60s.
Oh I know, but the example I was giving was of investment in cars and based on 1989. But applying that to the car in question even. The original purchase price was around 4k in 1964 so it’s a very similar increase. If you are looking for a good condition one according to this you are looking at nearer 600k !
 
'kin 'ell ;)
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You’re paying for that photo, just to say I’m am idiot with more money than sense, for some dick to throw salt down his arm into your steak, do me a fucking favour. You might be successful and have more money than you know what to do with, but that photo that says more about you than anything.
 
100% real panda skin though.

I mean if it makes you happy and you can afford it, buy what you want. But what always makes me laugh is blokes buying a nice bit of jewellery or a classic car they like and then justifying it as an "investment."
If you can get enjoyment and also make money or not lose money then it’s even better. It’s still an investment either way you look at it, in the same way as fine wine or art. Although not sure you can enjoy a bottle of fine wine without drinking it.

The bonuses of cars over 40yrs old is that you pay no road tax, there is no MOT requirement, you can get classic insurance and believe it or not they are exempt from low emissions zone charges.Obviously the downside is the 40yr old technology and maintaining them.
 
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