The decision that cost me £95,000
What if a single decision cost me £95,000? I recount choosing to keep renting in London in late 2007, show London house prices 2007 to 2015 charts, and run a detailed buy vs rent London 2007 to 2015 analysis using a 90% LTV, mortgage rates, fees and 0.5% maintenance. My numbers show I missed out by £94,635 compared with my investing returns and would have hit FIRE earlier, and I explain how levera
Rolly's Take
This blog resonates with those who constantly weigh choices, balancing between security and opportunity in a world where every decision carries weight. It speaks to the analytical soul who finds solace in numbers and charts, yet grapples with the emotional aftermath of their choices. Here, the exploration of a pivotal moment in the personal finance journey intertwines with broader economic currents, inviting readers to reflect on their own paths toward financial independence. The essence lies in the delicate dance between foresight and hindsight, challenging the reader to reconsider what truly constitutes a “good” decision in the unpredictable landscape of life.