Comments on: Patience is a Virtue http://www.fivepencepiece.com/2009/10/patience-is-a-virtue/ 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: Peterhttp://www.fivepencepiece.com/2009/10/patience-is-a-virtue/comment-page-1/#comment-253 Peter Sun, 04 Oct 2009 14:23:34 +0000 http://www.fivepencepiece.com/?p=778#comment-253 Thanks for imparting a great lesson. Your article made me retrospective about my own life and goals as well. Thanks for imparting a great lesson. Your article made me retrospective about my own life and goals as well.

]]> By: Leehttp://www.fivepencepiece.com/2009/10/patience-is-a-virtue/comment-page-1/#comment-244 Lee Sat, 03 Oct 2009 18:44:10 +0000 http://www.fivepencepiece.com/?p=778#comment-244 At the risk of being proved wrong (again!), I still firmly believe our house prices are due for a massive downward correction over the next 1-4 years. I know my "<a href="http://www.fivepencepiece.com/2009/09/10-economic-predictions-for-2010/" rel="nofollow">10 Predictions</a>" post was very doomsday, but I can really foresee the majority of it happening. Check out Prediction 10 again in particular!But, despite your own situation, renting has enabled you to do other things. Just don't forget to enjoy the journey as well as the ultimate destination. :)Lee At the risk of being proved wrong (again!), I still firmly believe our house prices are due for a massive downward correction over the next 1-4 years. I know my “10 Predictions” post was very doomsday, but I can really foresee the majority of it happening. Check out Prediction 10 again in particular!

But, despite your own situation, renting has enabled you to do other things. Just don’t forget to enjoy the journey as well as the ultimate destination. :)

Lee

]]> By: Monevatorhttp://www.fivepencepiece.com/2009/10/patience-is-a-virtue/comment-page-1/#comment-235 Monevator Sat, 03 Oct 2009 09:13:50 +0000 http://www.fivepencepiece.com/?p=778#comment-235 You're absolutely right about this Lee. As another example, I have been frustrated by the housing market for a good ten years, and deliberately sitting it out (renting) for around five years - a move that has not paid off so far!Years have gone by on this quest against over-valued housing, and too often it's influenced my life in other ways - from putting things off until my house is bought (everything from growing vegetables to dinner parties) to futile pondering about how 'well' I am doing (or not!), when I see nearly all my friends owning property, forgetting that renting and investing the difference has been a solid strategy I *have* stuck to, even if the torrid markets haven't made life easy either.Anyway, the point was a year has become five years, and I can't deny I forget the journey was the business of life at times. Good reminder. You’re absolutely right about this Lee. As another example, I have been frustrated by the housing market for a good ten years, and deliberately sitting it out (renting) for around five years – a move that has not paid off so far!

Years have gone by on this quest against over-valued housing, and too often it’s influenced my life in other ways – from putting things off until my house is bought (everything from growing vegetables to dinner parties) to futile pondering about how ‘well’ I am doing (or not!), when I see nearly all my friends owning property, forgetting that renting and investing the difference has been a solid strategy I *have* stuck to, even if the torrid markets haven’t made life easy either.

Anyway, the point was a year has become five years, and I can’t deny I forget the journey was the business of life at times. Good reminder.

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