Your best and worst money decisions?

[foxdongle]

best
me; first house doubled in value in 6 years.
dh; £2 lottery ticket - won a load
together; paying down mortgage pre dcs.

worst
me; getting an endowment mortgage.
dh; selling a house at the wrong time- still made a decent profit, but had he waited it would have been more.
together; getting a stupid big car that we both hated 2 months in- part chopped it for a smaller one.

Justashopgirl - I bought my first house in 1993. When I first saw it in the EA window, 6 months before it was going for double what I paid. In fact almost the exact amount that I sold it for 6 years later.
Glad that I couldn't have afforded it when it was at the higher price!

Fox why do you think the house was reduced to half price, did they need a quick sell?

Hi chicken
It had been on for ages- I know because I had been looking as in window shopping for ages, everything was out of my range. I think they were hoping for 89/90 price for it, so it was over valued and the woman was moving into her new husbands house. I remember thinking I will never be able to buy ever. Then it all went belly up and I saw that house drop and swooped on it.
I had a deposit. A year later I was in slight negative equity, but sold around 2000. It needed some updating, which might have put people of, but nothing wrong with it - all I did was decorate and put some new worktops in the kitchen, no money for anything else.

Wow, great timing buying and selling.

More like beginners luck ;)

Best: Buying my first flat at 20 and have rented out ever since

worst: not having said flat on repayment and now we rely on the income from it

locking into a 5 year fixed mortgage on our family home for 5.59 - we are not on a much lower rate and clearing 1,000 off the capital every month but still.. those 5 years were hard!