How to avoid the common mistakes investors make – Trying to time the market [VIDEO]

How to avoid the common mistakes investors make – Trying to time the market [VIDEO]

The more you know about the most common mistakes that other property investors make, the better your likelihood of building lasting wealth.   

In this series of short videos, Brett Warren and I discuss the common mistakes we’ve seen investors make.

Today we discuss every investor’s dream of “buying low and selling high” to maximise gain.

But the reality is that you really can’t “pick the market”.

Watch as we discuss:

  • Why many investors try and time the market, wanting to buy at the bottom and sell up or refinance near the top of the property cycle
  • The concept of buying countercyclically – be greedy when others are fearful and be fearful when others are greedy
  • How some beginning investors did well over the last few years – but it was more due to luck and can’t easily be replicated
  • Rather than trying to time the market – look for good investment opportunities
  • It’s intersting how some investors do well in good time as well as bad times and others do poorly – meaning it’s not the market – it’s something inside them that makes them successful
  • The importance of a long term rather than a short term focus
  • Remember, you are not buying “the market”. You are buying an individual property in the market – one that you would be comfortable holding for the long term
  • Don’t look for cheap or affordable properties –  you make your money when you buy your property not because you buy cheaply, but because you buy the right property.

Now is the time to take action and set yourself for the opportunities that will present themselves as the market moves on

Metropole

If you’re wondering what will happen to property in 2020–2021 you are not alone.

You can trust the team at Metropole to provide you with direction, guidance and results.

In challenging times like we are currently experiencing you need an advisor who takes a holistic approach to your wealth creation and that’s what you exactly what you get from the multi award winning team at Metropole.

If you’re looking at buying your next home or investment property here’s 4 ways we can help you:

  1. Strategic property advice. – Allow us to build a Strategic Property Plan for you and your family.  Planning is bringing the future into the present so you can do something about it now!  This will give you direction, results and more certainty. Click here to learn more
  2. Buyer’s agency – As Australia’s most trusted buyers’ agents we’ve been involved in over $3Billion worth of transactions creating wealth for our clients and we can do the same for you. Our on the ground teams in Melbourne, Sydney and Brisbane bring you years of experience and perspective – that’s something money just can’t buy. We’ll help you find your next home or an investment grade property.  Click here to learn how we can help you.
  3. Wealth Advisory – We can provide you with strategic tailored financial planning and wealth advice. Click here to learn more about we can help you.
  4. Property Management – Our stress free property management services help you maximise your property returns. Click here to find out why our clients enjoy a vacancy rate considerably below the market average, our tenants stay an average of 3 years and our properties lease 10 days faster than the market average.

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