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1,601 Posts
Its is interesting that people see the GBP100 as a make or break point in terms of whether to buy a locomotive or not. The question as to whether it makes a good investment is for others to decide.
Personally I buy the trains that I like and can afford. The price (to a certain extent) is irrelevant. I am not buying them in the hope that when they are sold, I will make a profit on them, I am buying them to play with.
We have recently gone through a fairly benign economic environment where because of exchange rates things were relatively cheap. Potentially we bought an excessive amount which we didn't consider it to be because of this supposedly cheap environment and now we look back less than 6 months and go its got very expensive recently.
The great thing about this hobby is that we don't need to buy anything. Generally speaking we have a lot of stuff, and economic times like this enable us to play, build and enjoy rather than enriching our collection.
Now imagine if Hornby rather than paying out cash dividends gave out vouchers to obtain Hornby product. Would this make you buy their shares?
Personally I buy the trains that I like and can afford. The price (to a certain extent) is irrelevant. I am not buying them in the hope that when they are sold, I will make a profit on them, I am buying them to play with.
We have recently gone through a fairly benign economic environment where because of exchange rates things were relatively cheap. Potentially we bought an excessive amount which we didn't consider it to be because of this supposedly cheap environment and now we look back less than 6 months and go its got very expensive recently.
The great thing about this hobby is that we don't need to buy anything. Generally speaking we have a lot of stuff, and economic times like this enable us to play, build and enjoy rather than enriching our collection.
Now imagine if Hornby rather than paying out cash dividends gave out vouchers to obtain Hornby product. Would this make you buy their shares?
