BIM20255 - Trade: badges of trade: assets acquired for personal enjoyment
Certain types of asset, which do not produce income, are frequently acquired for the pleasure which ownership brings to the owner. For example, antiques, paintings or other works of art. This is sometimes called 'pride of possession'.
The owner may well make the purchase hoping for an accretion in value and even realise a surplus in due course. However, that hope and expectation does not make the transaction a trading matter unless there are other significant indications of a trading intention.