Emotional Problems

Property Investors who allow emotions to enter into the transaction make three key errors which can lead to long-term problems that could easily be avoided.

In the August 2014 issue of Smart Property Investment Magazine (SPI), Empower Wealth, shares some of her own stories where investors faced with emotional problems and property investment tips and advice for future and current property investors. One of the biggest challenge that we face is ‘de-programming’ our investor clients when they apply emotional rationale to business decisions. Investors can have many different reasons and justifications for making the decision to embark on their investment property journey and these can include:

• Planning to build a wealthier future for their retirement
• Planning on early retirement
• Enabling their children to get into property easily via gifted property or gifted equity
• Asset diversification (for those who may have invested in other asset classes such as shares or bonds)
• Tax benefits via depreciation or negative gearing
• and more!

Click on the article to read the remaining of the Emotional Problems article and find out what’s the top 3 mistakes that Property Investor often makes.