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Making this investment mistake could cost you $1million, with Stuart Wemyss

Published 3 years, 8 months ago
Description

We're living in challenging, stressful times with a barrage of mixed messages about what's ahead for our economy and our property markets.

Everything seems to be stacked against those looking to invest in property, falling values, rising interest rates, and various governments interfering, making it seem like we are losing control of our investments.

The bottom line is investing is getting harder.

It's easy to see all the risks and problems now, but in five years, it's likely we will look back and see lots of missed opportunities because the rear vision mirror is always clearer than the windscreen.

Another prediction I'd like to make for five years' time is that 50% of those who buy an investment property in the next year or two will have sold up.

Why do I say this?

Because that's what's been happening for the last few decades. And unfortunately, many who will have held onto their investment property won't be owning an investment-grade property. Meaning they won't achieve the financial independence they're looking for.

What can you do about this? How can you end up being in that small group of investors who own a substantial property portfolio?

That's what I'm going to be asking leading financial advisor Stuart Weymss, in today's show.

Links and Resources:

Michael Yardney

Stuart WemyssProsolution Private Clients

Stuart's Blog -  – Focusing on rental income cost you $1million in lost wealth

Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us

Shownotes plus more here: Making this investment mistake could cost you $1million, with Stuart Wemyss

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