As a Coach, one of the best ways I can help investors is to reveal vulnerabilities they may have in their property investment strategy.
See, any vulnerability in your strategy exposes you to two possible dangers.
The first one is obvious, so I’m not going to spend any time on it, and that’s losing money. As Warren Buffett said:
Rule #1: Never lose money
Rule #2: Never forget rule 1
The second danger at first sounds really different, but it’s effectively the same… and that’s getting stuck. When you get stuck and you can’t move forward, or your portfolio is moving at what feels like a snail’s pace, it’s not only frustrating but it is the same as taking a loss.
Charlie Munger (Warren Buffett’s business partner) said it well: “Intelligent people make decisions based on opportunity costs – in other words, it’s your alternatives that matter.”
What Charlie is saying is that intelligent people don’t just think “At least I didn’t lose any money this year” and are satisfied with that. No, they actually compare their year to what could have been, elsewhere.
Real people, with real stories. These are some of our successful clients. You can be one too.
As an example, if you bought in a market that only saw 2% growth over a year but in the same time another location had 20% growth, you’re behind what “could have been”. Sure you didn’t lose cash or equity but you missed out on the opportunity.
This is exactly why getting stuck as an investor is, in my opinion, nearly as bad as losing money.
And losing money is essentially failing at investing. We must always maintain a positive cash flow for safety and progress.
Capital growth is essential for successful property investment.
So this leads me to today’s questions. Have you thought about the next strong market or opportunity you should be investing in? And, what plan do you have if there are no massive market growth gains in the near future?
Sure, some investors may have just cleaned up in Auckland, it’s been a great market to have invested in.
But how do investors grow equity fast even when the market isn’t piping hot.
Savvy investors know that when the market won’t do it for them, they have to manufacture their own equity so they don’t lose momentum.
Imagine if you had to stop investing for 5 years just because the market wasn’t really moving?
Therefore, capital growth needs to be a constant focus in your investing. With our help you can learn how to create growth in your investment portfolio.
Come along to a free Property Investor Night to learn more about this topic and other proven strategies we use to succeed.
Until next time!
– Sue Irons
Attend a FREE Property Investor Night
We hold free information nights all around NZ every month.
It’s the best opportunity to gain some invaluable info, learn about our proven strategies, find out about market trends, and get free advice on your next best move.
On the night you’ll learn –
✔️ Start investing with what you already have
✔️ Where to buy for growth (and what to avoid)
✔️ Retire earlier with passive income
✔️ What types of property to buy for your goals
✔️ Learn to leverage your strengths with strategy
✔️ Ways to pay off your home faster – in 15 years
✔️ How you can make your pay go further
✔️ How to use your home equity to safely invest
6 Reasons to secure your free ticket –
It’s hard to sort through fact from fiction, so we’ve made it easy for you to work out your next step in your property investment journey.
Our property coaches are real world investors and qualified experts.
We’ve paid attention and know what works and what doesn’t over 20 years.
Our team stay up-to-date with the news and market changes, and implement real-life strategies for long term investment and financial sustainability.
This is a high value event. Your only investment is 2 hours of time to see what you can learn from our highly experienced team.
Whether you have 1 property or 10 this Property Investors Night will show you how you can take your property investing to the next level in any type of market conditions.
What will we cover on the night?
We cover a lot in just 2 hours – check the schedule for detailed info.
You’ll also have the chance to ask questions from the qualified property coach who will be presenting the Property Investment Night.
Afterwards, you have the chance to book in for a free What Can I Do Now meeting with your property coach. This is a one-on-one, nuts and bolts meeting where they take a look at your situation and advise you on what your next best move is to get started with investing.