November 10, 2008

The Herd Mentality and Counter-cyclical Investing

It seems every time we read a newspaper or watch television we are bombarded with negative sentiment.
Not for one minute am I ignoring the current change of season. Rather, it is a timely reminder to all property investors, and would-be property investors, of the need for expert guidance and support. High-quality guidance and support is available to all Club members.
The media would have us believe we are in a major period of doom and gloom0real estate investing has become less sexy over recent years. We should pause and remember that market volatility, high interest rates, and negative media portrayal should not distract investors from their wealth-creation plans.
The Real Estate Institute of Australia has stated that median prices in Melbourne, Sydney, Perth, Brisbane and Darwin have, on average, increased by 8% to 9% a year since 1980.
It is timely to revisit the aims of The Investors Club and The Kevin Young Retirement Plan, which is and always has been based on a seven to ten year timeline. It does not depend on continuous periods of rapidly increasing property prices.
The herd mentality is evident from the claims of a 0buyers market0 in many capital cities0presenting ideal buying opportunities for informed investors who […]

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