Donโt Invest In Property, Wait For The Next Crash!
"๐๐๐๐ฉ ๐๐ค๐ง ๐ฉ๐๐ ๐๐ง๐๐จ๐. ๐๐๐๐ฃ ๐๐ช๐ฎ."
It's the most common piece of property advice in New Zealand.
It's also the advice that could cost you $440,000.
In this episode of the Property Academy podcast, Ed and Andrew break down: ย ย
โ Why the bottom of the market is not necessarily the cheapest price to buy ย ย
โ How Irene โ who bought every four years with a blindfold โ made $440,000 more than Mark, who timed every purchase perfectly ย ย
โ Why properties in May 2020 were cheaper than at the July 2024 market bottom ย ย
โ What share market data shows about consistent investing vs perfect timing ย ย
โ And why the buy-low-sell-high rule is so deeply embedded โ even when the numbers say otherwise
Timing the market perfectly can actually make you less money. This episode shows you why.
The information and opinions on this channel are for your general information. Itโs not financial advice. So the hosts arenโt telling you what to do with your own money.ย
Weโve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong.ย
Make sure you do your own research or talk to a financial adviser before making any financialย decisions. See our Disclosure information here.
Related videos in this series
How to 5x your returns in property investingโฅEp. 2020
How to 5x your returns in property investingโฅEp. 2020Am I middle class?โฅEp. 2013
Am I middle class?โฅEp. 2013