Topic: Patience

* Housing Patience

* Until you have a downpayment
* Until you prove you can save money
* Until you have an emergency fund
* Until you can afford the 15 yr mortgage
* Until you can afford a house which you’ll be able to sell later
* Until you can buy a house which doesn’t prevent you from spending any money.

* Market Patience

* “Should I change my investments, the market isn’t having a very good year”
* Your contributions are the key.
* Manipulation
* Risk Tolerance
* A snapshot of your portfolio is rarely helpful
* Fear sets-in, you make mistakes

* Wrong forms of Patience

* Waiting to invest
* Waiting to budget
* Waiting to save
* Waiting to decide
* Waiting to care

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