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Forums34
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Aug 24th, 2023
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Joined: Feb 2011
Posts: 1,155 Likes: 2
Has a lot to Say!
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Has a lot to Say!
Joined: Feb 2011
Posts: 1,155 Likes: 2 |
Mmmm would love that plus 8 ..I wonder if the pension pot needs raiding.!!
Peter.
Aero plus8 50th Anniversary.
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Joined: Aug 2010
Posts: 5,223 Likes: 123
Charter Member
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Charter Member
Joined: Aug 2010
Posts: 5,223 Likes: 123 |
Mmmm would love that plus 8 ..I wonder if the pension pot needs raiding.!! Think of it as an alternative investment strategy. It wouldn't get approved by the FD in this house but yours may be more "sensible".
Paul
Costock, UK
2014 4/4 Rolls Royce Garnet Red
Disco 5
Teddy - 17h1 Irish Draught cross
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Joined: Aug 2013
Posts: 15,794 Likes: 14
Formerly known as Aldermog Member of the Inner Circle
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OP
Formerly known as Aldermog Member of the Inner Circle
Joined: Aug 2013
Posts: 15,794 Likes: 14 |
Peter,
if you have a well invested pension pot growing at 5% plus then buying the Plus 8 makes no sense as an investment.
But if you have to take a tax free lump sum that you have no immediate use for, or if you have cash in low yield accounts, then it is a safe place for your money. You will not lose, you might make a small return over 5 years.
More importantly you will own one of the best Morgan's ever made (or possibly ever likely to be made) and the return in smiles, grins and happy days will be massive.
Peter,
66, 2016 Porsche Boxster S
No longer driving Tarka, the 2014 Plus 8...
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Joined: Mar 2014
Posts: 688
Talk Morgan Regular
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Talk Morgan Regular
Joined: Mar 2014
Posts: 688 |
Had a boring day at the office yesterday - so got home- got in the Speedster and immediately forgot about a lot.
The side pipes blared as I blasted up and down the gear box- and any thought of anything else disappeared as I concentrated on the drive.
Sod the pension!
Porsche 981 Spyder
V8 Speedster ( 5 years)
4/4 Competition spec (5 years)
4/4 4str Kent ( 10 years)
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