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Emotional mistakes property investors should avoid

Emotional mistakes property investors should avoid

Recently I spoke with Belinda Punshon from finder.com.au 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.

As always, if you have a question, leave a comment below.

Until next time,

From the desk of Christine.

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