Comments on: A Fundamental Question – Answered? http://www.fivepencepiece.com/2009/09/a-fundamental-question-answered/ A British Man's Take on Debt, Saving & Investing Wed, 02 Nov 2011 23:52:35 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Leehttp://www.fivepencepiece.com/2009/09/a-fundamental-question-answered/comment-page-1/#comment-101 Lee Tue, 22 Sep 2009 19:18:26 +0000 http://www.fivepencepiece.com/?p=465#comment-101 If I could suggest that to them, I think I would.Unfortunately The Collection is still being worked on and I don't think dad will part with any of it anytime soon. The property is also his retirement fund (rental income), so again not really for enjoying per se. The house my mum lives in isn't really a cashable asset to them either.That said, my parents want for nothing. They're just enjoying their lives as they know how. If I could suggest that to them, I think I would.

Unfortunately The Collection is still being worked on and I don’t think dad will part with any of it anytime soon. The property is also his retirement fund (rental income), so again not really for enjoying per se. The house my mum lives in isn’t really a cashable asset to them either.

That said, my parents want for nothing. They’re just enjoying their lives as they know how.

]]> By: Financial Samuraihttp://www.fivepencepiece.com/2009/09/a-fundamental-question-answered/comment-page-1/#comment-97 Financial Samurai Tue, 22 Sep 2009 01:31:17 +0000 http://www.fivepencepiece.com/?p=465#comment-97 Hey Monevator - Actually, I told my parents the exact same thing! Spend EVERYTHING they have and leave me nothing. They deserve it, and worked for 40 years to obtain their things.The main thing we can give our parents is piece of mind that we will be fine.Lee - Nice answer! lol. Hey Monevator – Actually, I told my parents the exact same thing! Spend EVERYTHING they have and leave me nothing. They deserve it, and worked for 40 years to obtain their things.

The main thing we can give our parents is piece of mind that we will be fine.

Lee – Nice answer! lol.

]]> By: Leehttp://www.fivepencepiece.com/2009/09/a-fundamental-question-answered/comment-page-1/#comment-96 Lee Mon, 21 Sep 2009 21:12:23 +0000 http://www.fivepencepiece.com/?p=465#comment-96 @Samurai - What inheritance? :)It's true that renting really is the way to go, particularly at the moment. A nice fat deposit and a correctly timed purchase with a solid job is the only sensible way.In terms of economics, I am working on a post that'll be out in a day or two with my predictions for our economy next year. It's depressing reading (and writing). It will be interesting to come back to them in 12 months and see how right (or wrong) I was! @Samurai – What inheritance? :)

It’s true that renting really is the way to go, particularly at the moment. A nice fat deposit and a correctly timed purchase with a solid job is the only sensible way.

In terms of economics, I am working on a post that’ll be out in a day or two with my predictions for our economy next year. It’s depressing reading (and writing). It will be interesting to come back to them in 12 months and see how right (or wrong) I was!

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