In today’s show Aaron Christie-David interviews me and asked how I’ve built the substantial property bought for the White investors should be doing in the current market to secure their financial future through property.
I discuss the need for a comprehensive approach to wealth creation that goes beyond property alone, advocating for a balanced life and the importance of having a clear vision and goals.
The conversation also touches on why many of the predictions made for the property markets for 2025 will be wrong.
Takeaways
- Predictions about the market are often wrong; focus on fundamentals.
- Most property investors get it wrong; 50% sell up in five years and 92% never get past the first or second property.
- Your biggest asset is your time and your earning capacity, don’t squander it.
- It’s likely that many investors will put their plans on hold before the upcoming election, but experience shows us that life goes on after elections; so if you have the finance capacity don't wait to invest.
- Your strategic property plan should include risk management and things you shouldn’t do just as much as it outlines things you should do.
- Investing is a long-term game; focus on capital growth more than cash flow.
- Surround yourself with good advisors and mentors.
- Confidence in the market drives investment decisions.
- True wealth encompasses more than just property.
Links and Resources:
Michael Yardney - Subscribe to my daily Property Update newsletter
Metropole’s Strategic Property Plan – to help both beginning and experienced investors
Aaron Christie-David co-founder of Atelier Wealth
Join us at Wealth Retreat - Australia’s Premier Wealth Retreat for Elite Investors and Business People www.WealthRetreat.com.au
Get a bundle of free reports and eBooks – www.PodcastBonus.com.au
Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to or watching this podcast and subscribe so each week we can unveil the trends shaping your future.
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