How to Avoid Common Investor Mistakes – Only investing in your own backyard [Video]

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

In this series of short 3 minute videos, Kevin Turner and I discuss the common mistakes I’ve seen investors make.

Today we discuss why it’s not a good idea to only invest in your backyard.

It’s important to get out of your comfort zone when choosing an investment area.

Watch today’s video as I explain why…

Missed a video? Catch up below:

How to Avoid Common Investor Mistakes – Overview

How to Avoid Common Investor Mistakes – Not understanding the power of demographics

How to Avoid Common Investor Mistakes – Not realising the importance of location

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Michael Yardney

About

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media. Visit Metropole.com.au


'How to Avoid Common Investor Mistakes – Only investing in your own backyard [Video]' have 2 comments

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    April 21, 2015 Hamish

    I may be a bit slow – but think I have finally figured out by what you mean by this Michael.
    “The high(set) capital growth suburbs are within 10km of the four major CBDs in Australia.
    And the property cycle does vary somewhat between city, and between suburbs in each city.
    So, since many property investors don’t live within the 10km ring, and if they do, its only in one capital city, it pays off to look inside the ring of all four cities.”

    Meaning treat it like a business!

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