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Author Topic: What would you do with 100k  (Read 8621 times)

Offline Tamiyoman

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Re: What would you do with 100k
« Reply #30 on: April 21, 2012, 08:36:12 pm »

Would buy a small terrace house needing renovation then rent it out, that 100K investment now will be worth a lot more in 30 years time plus all the rental income its generated in 30 years which would pay 2/3rds of my mortgage  :happy2:


....A good principle but would £100k really be enough to even buy a small terrace house to renovate? You must live up north somewhere to even consider that as financially viable. You might need deeper pockets to be able to continue when it's discovered that the house might need something more structural - Not uncommon and often an unknown until you start taking a building apart.

No I dont live up north currently (Live in Norfolk currently but moving to cornwall in Sept/Oct) but I am from up north originally  :happy2:

I was using myself as an example as im the the process of buying my grandmothers house to renovate (She has recently moved to a Home that caters for Alzheimers, but 7 years ago I promised her that I would buy the house and renovate it myself as she did not want someone outside our family making money on "Her" property  :love:).

So true to my word im buying it and renovating it as a buy to let, it will form part of my retirement fund (in 25 years  :happy2:).

I think over the long term its hard to beat buying a property and renting it out, yes of course there are risks (But there are risks in ANY investment) but as long as you do your homework and your income can cover the mortgage should it be empty for a while then its well worth it. I am lucky in that I learnt a lot from my parents about buying and renovating property from a young age me and my brother spent time after school and at weekends knocking down walls, filling skips, painting etc etc Happy days!  :drinking:
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Offline stealthwolf

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Re: What would you do with 100k
« Reply #31 on: April 21, 2012, 10:53:26 pm »
Some of it to join my savings and make a deposit on a house. The rest on a decent TV/AV equipment, armchair and fridge.

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Offline RedRobin

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Re: What would you do with 100k
« Reply #32 on: April 21, 2012, 11:01:27 pm »
^^^^
Yes, once upon a time in the 1980's I bought the freehold of the studio next to mine in Chelsea. It cost the best part £100k. We couldn't afford to live in it at first and so rented it out.... To well-known actress Jenny Agutter  :love:

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Offline Hedge

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Re: What would you do with 100k
« Reply #33 on: April 22, 2012, 12:21:34 am »
Mmmmmm Jenny Agutter. American Werewolf.  :wink:

Offline Tamiyoman

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Re: What would you do with 100k
« Reply #34 on: April 22, 2012, 12:47:21 am »
Mmmmmm Jenny Agutter. American Werewolf.  :wink:

Yup she got nekkid in Logans Run too  :happy2:
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Offline RedRobin

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Re: What would you do with 100k
« Reply #35 on: April 22, 2012, 12:54:01 am »

Mmmmmm Jenny Agutter. American Werewolf.  :wink:


Yup she got nekkid in Logans Run too  :happy2:


....And in RedRobin's studio!

She's a very very very nice lady. Not at all 'I'm-a-celebrity'. Not the prettiest but has a very sexy voice and moves like a dancer. I'm very proud to have known her.


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Offline simonp

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Re: What would you do with 100k
« Reply #36 on: April 22, 2012, 11:20:14 am »
And Walkabout. Not shy, that one!

Offline Hedge

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Re: What would you do with 100k
« Reply #37 on: April 22, 2012, 11:37:27 am »

....And in RedRobin's studio!

She's a very very very nice lady. Not at all 'I'm-a-celebrity'. Not the prettiest but has a very sexy voice and moves like a dancer. I'm very proud to have known her.

If she got nekkid in front of me I wouldn't be able to think of anyone prettier.  :happy2: :wink:

Offline MC71

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Re: What would you do with 100k
« Reply #38 on: April 22, 2012, 12:14:23 pm »
Mmmmmm Jenny Agutter. American Werewolf.  :wink:

Yup she got nekkid in Logans Run too  :happy2:

Both GREAT films in my book, probably have to be a certain age to appreciate them nowadays. Bet if I watched either now I would be disappointed so I will not ruin the illusion and leave them to memory. God she was sexy, 25 years ago I would have used that 100k for an "indecent proposal" with her (would have been only 15 myself though).
 :happy2:
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Offline RedRobin

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Re: What would you do with 100k
« Reply #39 on: April 22, 2012, 12:33:01 pm »
^^^^
Jenny was filming 'American Werewolf in London' at the time I knew her. She later went back across the pond to America and I haven't seen her since her return and marriage. I only knew her for about 6 months but am very fond. We instantly connected and I didn't feel in awe of her fame at all.



Both GREAT films in my book, probably have to be a certain age to appreciate them nowadays. Bet if I watched either now I would be disappointed so I will not ruin the illusion and leave them to memory. God she was sexy, 25 years ago I would have used that 100k for an "indecent proposal" with her (would have been only 15 myself though).
 :happy2:


....I am "that certain age" and was in my early 30's at the time. I think she would have been in her mid 20's. If only she had stayed.

Then there was another well known actress I knew..................



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Offline MC71

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Re: What would you do with 100k
« Reply #40 on: April 22, 2012, 12:39:19 pm »
^^^^
Jenny was filming 'American Werewolf in London' at the time I knew her. She later went back across the pond to America and I haven't seen her since her return and marriage. I only knew her for about 6 months but am very fond. We instantly connected and I didn't feel in awe of her fame at all.



Both GREAT films in my book, probably have to be a certain age to appreciate them nowadays. Bet if I watched either now I would be disappointed so I will not ruin the illusion and leave them to memory. God she was sexy, 25 years ago I would have used that 100k for an "indecent proposal" with her (would have been only 15 myself though).
 :happy2:


....I am "that certain age" and was in my early 30's at the time. I think she would have been in her mid 20's. If only she had stayed.

Then there was another well known actress I knew..................


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Offline RedRobin

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Re: What would you do with 100k
« Reply #41 on: April 22, 2012, 12:46:05 pm »

Then there was another well known actress I knew..................


:popcornsoda:


....Nah, I wouldn't have spent £100k on the other actress and so it would be off topic  :evilgrin:

(She wasn't quite as well known either, or at least not as highly rated as an actress).


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Offline Oli

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Re: What would you do with 100k
« Reply #42 on: April 22, 2012, 12:56:51 pm »
Pay off half my mortgage!
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Offline RedRobin

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Re: What would you do with 100k
« Reply #43 on: April 22, 2012, 12:59:01 pm »

Pay off half my mortgage!


....And then buy yourself another Porsche!  :happy2:


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Offline mattyw

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Re: What would you do with 100k
« Reply #44 on: April 22, 2012, 06:31:08 pm »
This is something that I've been thinking about a lot just lately I'm currently going through a claim for an accident I had at work and I'm thinking rent my house out and buy a new house