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‚ÄčEmotional mistakes property investors should avoid

Tuesday, 22nd March 2016

Recently I spoke with Belinda Punshon from about how to master your rational decision making to avoid emotional pitfalls when investing.

It was a great opportunity to share the benefit of my 30 years experience in the residential property investment market - as you can imagine, I've learnt a thing or two during this time!

Here are some of the points I discussed in detail with Belinda:

  • Fear of missing out
  • Overpaying
  • Overbidding at auction
  • The great Australian dream mindset
  • Being too honest about budget with selling agents
  • Becoming emotionally attached
  • Combining investment and owner-occupier objectives
  • Renovating to your personal tastes
  • Trying to time the market
  • Taking your time
  • How to avoid emotional blunders
  • What emotional characteristics should investors have?

You can read the full article by clicking here.

Do you have anything to add? If so, I'd love to hear your feedback in the comments.

Until next time,