You should buy club shares only if this is the cheapest way for you to use the club facilities. Consider your money an expense, not an investment.
How is club shares different from playing rights in a golf country club?
If you invest in club shares, you are part owner of the club. If ever the club is liquidated and its assets sold off, you will have a share in any money that is left over after the club's debts have been paid. And even if the club is not liquidated, the value of your shares could rise (or fall) depending on what assets the club owns. There are some clubs whose main asset is the land on which the club is built. That land is worth a lot of money now.
Generally club fees can be a good investment, a club is like a company or corporation, the service, the reputation...and of course performance should be considered. Now if you go for the more established clubs, or country clubs etc etc. they should appreciate over time but of course, it's more on the long haul investment variety.
I think this is only a good "investment" (not actually an investment but a way to save) if you are a very active user of the facilities. that is, yearly savings should be greater than the 12 months due plus (annual bond rate x purchase cost).
Why don’t you just invest your money to the bond market and pay the regular rate for the facilities use.
I love playing golf so I thought it could be a good investments if I can get profits and play at the same time. Thank you all for your opinion!!
I want to know more about this topic I am an avid golfer and I didn't even know that you could invest in this sort of thing
I think Ardeebee is right I think it is only useful if you are planning to use it
did I hear my name lol
Yes you did! I think you make a good point because this is a long-term and slightly tenuous investment and only really applicable if you play the game
That's right. It is really a long-term gamble and might be hard to get your money out of again unless you are looking at a long-established and consequently vvery expensive golf club which may potentially have a waiting list of peopole who want to buy if you ever wanted to sell but it is pretty niche
I am pretty niche
Haha yes of course it's great and as you play they always say you should invest in something your actively interested in plus as the others have already said, you wouuld probably save money in the long-term in your fees
quite. Thanks all that was useful