You'll love the 1098R Exe. I'll be interested to hear your thoughts when you ride it. Mine's nothing like any other bike I've had. It's brutal. It was in my plan to buy another bike this year, but some forward financial planning to increase my pension pot and savings substantially and bring my retirement age down by a few years has put paid to that. :Arghh: I know it's the right thing to do, but maybe not the fun thing. I'm a bike pauper compared to you, but 3 will do for a couple of years. The key is, I like the ones I have.
I was very happy with the deal Andy brokered for me, and more than happy with the spec, condition and history
Yeah, I'm quite lucky in this day and age. If you buy bikes right, you can almost guarantee a nice return, as you know. I watched the market with the Desmo and 1098R and will do Ok.
Still don't really get this invest in bikes things in the long run. If I stick 10k into shares, it grows at whatever rate. If I stick it into bikes, I have to insure them, keep them maintained etc or they will not increase at the rate I expect. Plus I can't use them. I don't care about to using shares, nor do I go to the filing cabinet to look at them and wish I could ride them Example: buy an 851 new for 11k, keep and run it 20 years but not ride it much, now worth 11k...and 11k today can't buy me what to would have 20 years ago. Except an 851 (used as an example)
On my list if I can get some disposable.... 900 superlight 888 any variant 916sps 999R 1098 R All must have under 5k miles and FSH Just need two things: money and space
Your example shows you might be best not doing so I bought my Exige 8 years ago for £16K - it's vale is now circa £35K - Insurance less than £2000, running costs and servicing in that period about £3000 - I've had it on the road every summer. Some of the bikes I've done considerable better, in fact 2 in particular I could have doubled my money straight away which wouldn't have been a bad deal, they are now 3 x the value after 5 years. Oh, and when I sell - no capital gains tax too. It is a well know fact that rare cars have been the number one investment over the last years - there has been articles in the Times and elsewhere outlining this. Bikes are similar, but easier to store. It can make perfect sense
But you got lucky. And its not given you 35k, its given you nothing. How many times don't 'investors' get lucky? And you tie that money up then have to see at the point you need the liquidity. Which may be a declining market.
And just because of doesn't mean you are not calling me a fucking idiot. Which you are. And I don't appreciate it Humility is something that iOS meant to come with age. Clearly mot in some Bad day plus few beers mean fuck the world!!
Sure, all investments can go down as well as up - but mine are less likely to go down than most - and I've got lucky quite a few times . Difficulty will be parting with them, but early retirement is a big carrot for me, so long as I can keep at least half a dozen of my toys to play with
Half my problem is having stuff I like that I can't use. The other half is a wife who sees all these things as what is spent, not what can be recovered :Banghead:
When you get to 6 or more you stop worrying about riding them all, all of the time (chicks not bikes)
That is very nicely done isn't it? I really want something flat-track style though. Sent from my iPhone using Tapatalk
My company has just introduced a share scheme and the tax breaks on it are just too good to turn your nose up at. As a 40% tax payer, if I put the maximum allowed contribution in monthly of £150, the net cost to me is £87, and that's just free money. The shares currently carry a dividend of 4% and apart from the crash of 2008 and Tsunami of 2009 have shown a healthy gradual increase in value over time. It's a no brainer in my book, so I'm putting the maximum in, which means a little less disposable each month, but it's part of the long term plan. They are traded on the Tokyo stock exchange and you have Sterling to Yen fluctuations to take into account, but over time, I'm sure it'll even out.
