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Old 7th March 2011 | 10:29
  #29 (permalink)  
Ph1l
 
Joined: Mar 2011
Posts: 27
Likes: 0
From: Essex
If you have £10k to spend then surely the best way to spend that would be to invest a portion in a share that you can then get back if you decide to move on to something else or your circumstances change? Your £10k would give you many hours and you would have something to show for it - its what I did.

I have a 1/6th share in a Europa kept at a nice friendly field, my £10k has bought me the aircraft, a years fixed costs and 110 hours flying time and next year I will only need to spend about £4k (allowing for fuel increases) for the same 110 hours.

In our syndicate there are only 2 other flying members, both of which have another aircraft at the same strip - many syndicates seem to have their share of non-flying members.
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