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How should I spend £35k ($70k)? The best cookery school in France or invest in property?

March 13 20105 Commented

Categorized Under: Investing



5 Responses to “How should I spend £35k ($70k)? The best cookery school in France or invest in property?”

  1. Wise Guy says:

    Investing in properties is not a bad idea, however you must consider a few factors; where you live, how quickly the properties are appreciating or depreciating in your area, what your rate of return will be on your investment, and how long you plan on holding on to the properties. Being that you are young maybe you could consider investing into something more long term that could outpace inflation. I highly recommend you read a book called “Ordinary People, Extraordinary Wealth” by Ric Edelman. It’s an easy read and you will learn a lot about how money works to your advantage. Good luck with the culinary school. NEVER GIVE UP!

  2. I would go to culinary school, property is on its way down and it is always risky! Schooling will stay with you for the rest of your life and you may aswell get the best education you can!

  3. enoriverbend says:

    Ordinarily I’m in favor of spending money on education, particularly when it will improve your marketability in your career. But you didn’t say precisely whether you already had some culinary school of some sort. The bottom line is, exactly how much will this school improve your career prospects?

    For being a chef it would seem more important to latch onto a job with a famous chef/restaurant, gain lots of hands-on experience, and go from there. 18 months working for a Susan Spicer or an Alain Ducasse will do you more good than school. So only if you feel that you will never get that kind of opportunity without this particular culinary school would it make sense to go.

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  5. Kelly J says:

    def property