Four very stylish ways to spend a windfall

By Tempus | 04 Aug 2020
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* "Jaguar E type" (CC BY-ND 2.0) by exxodus

Coming into a surprise sum and not knowing how to spend it is a nice problem to have. Of course, for many of us it wouldn’t be an issue at all because we’d have a very clear idea about exactly where that money is headed. But if you aren’t one of those people then we’ve four slightly more unusual options that you might like to consider.

Get behind the wheel of a classic car

Modern cars are all very well, but you have to ask yourself whether you wouldn’t prefer to turn heads in a classic. You’ll also be driving a car that stands a good chance of increasing, not decreasing, in value. Even though more and more people are showing an interest in older cars and prices are on the rise, there are bargains to be had. Marques such as Jaguar and Aston Martin can be picked up at auction surprisingly cheaply and, if you want a real steal on wheels, a Porsche 924 can be yours for as little as $6,500.

Your perfect place beside the seaside

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* "Southwold" (CC BY-SA 2.0) by fairlybuoyant

The beach huts at Southwold, Suffolk have become notoriously expensive in recent years. Owning one will secure you a spot overlooking the beautifully-named Sole Bay - but you may need a big win on another seaside favourite, a slots game, to come up with the $170,000 asking price. Happily, as one of the most popular slots, Starburst free spins list is a long one, the opportunity might just be there. Many online casinos offering the chance to play for nothing the first time. Then, if you’re incredibly lucky and win the maximum jackpot of over $990,000, you’ll also have some change left over for a few seaside souvenirs. 

A vintage opportunity to invest

Some people choose to build up a fine cellar filled with wines that, over time, both mature and increase in value. Others go for the arguably more interesting option of investing in a vineyard instead. There are a number of companies that can make the introductions and before you know it, you can become a part-owner of a plot of prime wine-making land. Perhaps you have a favourite wine variety that you’d like to help produce or perhaps there’s a region in France where you’d like to visit and see your investment. This could be an opportunity to do both.

A quality timepiece is forever

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* Rolex © Shutterstock

Classic watches do so much more than simply tell the time. The very best are examples of beautiful design which seem to remain in style forever. Just as classic cars are increasingly popular, so are classic watches so an Omega Constellation or a Rolex Oyster would be just two of the many to consider. In terms of prices, these can vary widely from a couple of thousand dollars up the $17.8 million paid for Paul Newman’s Rolex Daytona in 2017, a record that’s yet to be broken.

So, if you suddenly find yourself with some extra money, there are all these options and plenty more besides. The important thing is to make sure you enjoy spending that cash.