Saturday 30 December 2023

Holiday homes a good investment?

 In 2013 we invested £115K in the purchase and refurb of the cottage as a holiday rental. Since then the average annual profit £3K before tax.

Had we invested that same sum in Bitcoin (BTC) it would be worth £30 Million and change, without the need to spend hours cleaning the cottage each week.

If we'd invested in Tesla shares that sum would be worth $64 Million. I'd considered making that investment, but at the time I thought Elon Musk was a bit shaky!

An investment portfolio with a financial advisor to the same amount from 2013 would be worth £216K today.

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