it took me 5 years of savings to purchase it in 2002 for circa £20k....
My Mog also took 5 years, but I did it the other way round - stuck it all on credit cards and then paid it off.
Did the same with the MG, and with the Harley. My aim is to die with no savings and a large credit card debt......
I read recently the UK baby boomers who are gradually dying out are currently estimated to be worth about £14 Trillion, (7 times the UK annual GDP) which will be inherited by their children and grandchildren on a level never experienced before in history. So the really fortunate generation are not the baby boomers but their kith and kin through the unprecedented scale of inheritance falling into their laps in the coming years.
Hence why certain political parties are targeting increases in capital gains and transfers, inheritance taxes etc., to get their unfair share of that upcoming £14 Trillion bonaza about to inevitably arise.in the coming years.
TBM not a bad plan, I don't have any children so our money will go to good causes, although I do note an increased interest in our wellbeing from nieces and nephews, especially following my fractured arm and Sue's fractured ankle we are currently dealing with.
Last edited by JohnHarris; 23/06/2410:59 AM.
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