Best investment or saving you have made?

Retired_I.F.A.

I backed a nag at the races that that came in at 20/1 once. Doubt this post is wide enough to write down the equivelent APR. on that one.

2nd best may well have been the best or the worst investment I've ever made. I cant remember now, I either paid the betting tax on it or i didn't.;)

derrekmay

Correct me if I'm wrong but your best investment was a betting?
Well nice if it brings you allot of money, but that is not really my style of investing:D

Annyway thank you for sharing this!

Liz_the_Whizz

The best investment I ever made was having my son...

And guess what the worst was? :rotfl:

purch

A Son is cheaper than a Daughter :cool:

m_c_s

Liz_the_Whizz wrote: »

The best investment I ever made was having my son...

And guess what the worst was? :rotfl:

Getting married?

My wife costs me an arm and a leg:rotfl: :rotfl: :rotfl:

derrekmay

Haha, you can also see that as an investment, but I mean the investment where you have won or lost money due to some good research

Retired_I.F.A.

derrekmay wrote: »

Correct me if I'm wrong but your best investment was a betting?
Well nice if it brings you allot of money, but that is not really my style of investing:D

Annyway thank you for sharing this!

Do you realise Investing and Insuring are gambling ?

The first life insurance polices ever wrote were on ships captains often held for ransom by pirates. Befoe that gamblers bet on wether or not they'd be ever be seen again after leaving port. Those gamblers became the underwriters of the first policies.

Investors put up the funds to build the ships and fund the captains with enough money to buy export and import the goods. Gambling they'd not be outdone by pirates or the high seas.

Today an actuary and a bookmaker are very different things but not when you think about it.

The best investment I ever made was having my son...

And guess what the worst was? :rotfl:

Or as my mum says....

"I only ever made two mistakes in my life, marrying your dad and having you! "

Difference is my mum means it thus I'm not posting a smiley.

derrekmay

Retired_I.F.A. wrote: »

Do you realise Investing and Insuring are gambling ?

The first life insurance polices ever wrote were on ships captains often held for ransom by pirates. Befoe that gamblers bet on wether or not they'd be ever be seen again after leaving port. Those gamblers became the underwriters of the first policies.

Investors put up the funds to build the ships and fund the captains with enough money to buy export and import the goods. Gambling they'd not be outdone by pirates or the high seas.

Today an actuary and a bookmaker are very different things but not when you think about it.
.

Gambling and investing are still two different things.
Ok basicly they are the same...
But with an investment you have allot more control over what is going on with your money.
If you are earning some money and you decide to quit you just quit..
with gambling you have to wait till the bet is finished.
You also can do allot more research with investing...
Annyway I know an investment is a risk, but a far smaller risk then gambling (in some cases)

Primrose

Best investment I ever made was getting married, even though my other half was so hard-up at the time that I had to pay for my engagement ring !! (Or doesn't emotional investment count in these threads??)

derrekmay

Primrose wrote: »

Best investment I ever made was getting married, even though my other half was so hard-up at the time that I had to pay for my engagement ring !! (Or doesn't emotional investment count in these threads??)

Well if you see it as your best investment that you have made, it sure counts!
And may I ask what was your worst investment?