Best decision and worst decision.

subjecttocontract

Best: Retiring at 51 and then deciding to become a lion tamer.
Worst: Not retiring at 40.

Retireby40

subjecttocontract said:

Best: Retiring at 51 and then deciding to become a lion tamer.
Worst: Not retiring at 40.

Hopefully it's been a roaring success!

plumb1_2

Worst selling my asos shares bought them for about 20p each, 

Beddie

Retireby40 said:

subjecttocontract said:

Best: Retiring at 51 and then deciding to become a lion tamer.
Worst: Not retiring at 40.

Hopefully it's been a roaring success!

He does it for the sense of pride.

I'm sorry 

Alistair31

Beddie said:

Retireby40 said:

subjecttocontract said:

Best: Retiring at 51 and then deciding to become a lion tamer.
Worst: Not retiring at 40.

Hopefully it's been a roaring success!

He does it for the sense of pride.

That’s the mane thing.

daveshep26

Hal17 said:

Best Decision: Marrying my wife

Worst Decision: Not able to get her to relinquish her personal and emotional attachment to her Marks and Spencer shares. She still holds them even though I have tried to convince her to sell many times. Brings a tear to my eye when I know what profit she could have made!

Best Decision: Marrying my wife – absolutely for everything but does include financially, she has very aligned outlook on these things

Possibly second ranked – taking education/ training quite seriously -thinking about the long-term

(& another I've just thought of .. 'Getting on property ladder' at quite early age )

 

Worst Decision: Nothing too bad here .. Although must confess I had a few ‘must have’ boys’ purchases over the years (classic car, boat)- but these were always affordable and ‘fun’ over the decade or so they lasted….

 

In summary, what seemed to work for me was boring and stable; and any deviations from that cost you more money …..  I must have been a good learner!

scottiescott

Best - starting early. DB Pension, AVC's, collecting whisky.
Worst - not retiring at 55 (retired at 56) 😁

RobM99

JGB1955 said:

Our worst one was investing in  NatWest staff shares..... all gone!

Petroplus. Their history is grim. Along with my (and many others) £17,000 of shares that became worthless.

They had a good scheme but it all went horribly wrong. 

ChesterDog

Best: buying a run-down business with all the money we had and much, much more. Then selling it 15 years later for twenty times what we paid for it.

Worst: working ourselves into ill-health to achieve it.

kuratowski

Best: This has to be heavily caveated due to reliance on hindsight, but possibly my best decision may have been fixing my mortgage for 10 years a few years ago.  Even though it has cost me more in the early years, it now looks likely to save me considerably over the full life of the fix.  I chose to fix for certainty over my budget, though, not as a bet on interest rates, so whatever the ultimate outcome, I wouldn't go back and change the decision.

Worst: When I joined my first DC pension scheme back at the start of 2007, I took the advice to "make my own investment decisions" too literally and immediately switched my contributions out of the default global equity index tracker fund, and into my own choice of funds, resulting in an asset allocation that looking back, seems very odd indeed.  This is one decision I definitely would go back and change!  Fortunately, the impact was rather limited, as the absolute size of the pot was of course small, in those early years, and the funds were transferred and reallocated a long time ago now.