What was your best investment decision?

elcato said:
Let's hope they don't leak :D
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The firm has a market cap of 200Billion, in existence from 1965. Without them, there are no leading edge semi-conductor products in the world and no iphones, since their main customer is TSMC which manufactures all apple chips..
 
clinteastwood said:
The firm has a market cap of 200Billion, in existence from 1965. Without them, there are no leading edge semi-conductor products in the world and no iphones, since their main customer is TSMC which manufactures all apple chips..
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All the talk about new technology companies, ai and social media yet the most important companies in the space have been there for decades. Very difficult for a new start up to take on these titans that have decades of know how and IP
 
In 1982 I got a passport from the Dept of Foreign affairs. Best investment ever. The compounded returns have been extraordinary. Living and working abroad, hooking up with "Notherrealname " abroad , frequent travelling ever since. It really does broaden the mind.
 
Zenith63 said:
Dabbling in the stock market in my early twenties. It fostered an interest and understanding in owning businesses and risk management, which ultimately lead me to start a couple of my own. This forum and in particular posts by @Brendan Burgess and @ClubMan in the early days played a big part, maybe finding AAM should be my sickly sweet answer :)
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Hear hear!
 
LoveTrees said:
As Warren Buffett said "best investment is in yourself"... I so much agree... Everything else is an effect to my view as well... Also because compound will work when you trust yourself and time... God bless "The Intelligent Investor" book...
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Agree

I bought a treadmill after another rainy day a couple of months ago. I now have 5 medals under my belt and I am training for half marathon in September.

Best €180 I have ever spent in terms of benefits!
 
Steven Barrett said:
I have never met a high earner who doesn't have a demanding job.

Of course it is not a good fit if it effects your salary but that doesn't happy to everyone. There are also lots of people who work in demanding roles for 20 years and then step back into less demanding ones. People tend not to be able to sustain work at that pace for 40 years.

The top public service jobs are extremely demanding. Anything from principal officer upwards. The term on a secretary general is 5 years (with the possibility of another 5).
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What salary would you say makes someone a high earner?
 
Sarah Ryan said:
Agree

I bought a treadmill after another rainy day a couple of months ago. I now have 5 medals under my belt and I am training for half marathon in September.

Best €180 I have ever spent in terms of benefits!
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Love that Sarah.... Currently training for HM myself
 
Probably investing in stock market after dot com crash, I made mistake of buying back into beaten down high tech stocks too early but also not staying invested in them, I chopped and changed a bit but always stayed invested in stocks and kept adding. Missed out on the Irish banking and property boom but also the collapse.
In general buying good dividend paying stocks, sticking with them and adding to them has been my best investment decision. The biggest fright for me was the covid stock market sell off, I sailed through all the other crashes but that was the biggest drop I had experienced since started investing . Its crazy that there hasn't been much proper analysis of thar one
 
Interesting read. Makes me realise how important timing and chance are.

SSIAs, Tracker Mortgage, Buying a house in 2013, qualifying for UK pension etc all appear to be by people’s own admissions a bit of luck / right place - right time.

Some were probably no brainers at the time like SSIAs or buying a house in 2013 if you had a good income and it was a house for life.

I’m wondering what the current equivalent are? Certainly doesn’t seem to be any “no brainer” options.
 
faketales said:
I’m wondering what the current equivalent are? Certainly doesn’t seem to be any “no brainer” options.
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I am not speculating on house prices.

But I believe that house price volatility in Ireland has gone down for good. I don’t think there is a good/bad year anymore to make a purchase. Just buy a house if you can afford it and it matches your needs.
 
Buying my home in 2002. That has provided me with a level of security without which I don't know where I'd be.

Becoming proficient in Excel, which was an investment of time not money. Because that allows me to do my own basic analyses & forecasts rather than relying on those provided by salespeople and which tend to be either over-optimistic or overly pessimistic. Improves my long term planning as a result.
 
Dr Strangelove said:
But I believe that house price volatility in Ireland has gone down for good. I don’t think there is a good/bad year anymore to make a purchase. Just buy a house if you can afford it and it matches your needs.
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I don't know about the volatility bit.

But you are absolutely right that the first priority is to get on the housing ladder. This takes precedence over everything else - except pension contributions required to max the matching from your employer.

  • The capital gains are tax-free
  • The benefit - provision of your accommodation needs - are tax-free
  • If you ever require social welfare, it's not means-tested
 
What has given me brilliant returns for my "investments"

1. Education
2. Health
3. Marriage
4. Bitcoin
5. Tesla
6. Property
 
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