What is your opinion on future investments on properties?
The Question…
Hi, I have investment in properties, however it seems not profitable today. What is your opinion on future investments on properties should one stay or get out of it. Thank You
- Vineet
Sunil’s Answer…
Thanks for the question Vineet…
You say “does not seem profitable”… but that depends on your strategy. If you’re looking for long term growth, then the markets will turn, and we’ll see everyone go crazy again! (and then of course the markets will crash again).
if you’re a cashflow person – the markets could never of looked better!
So to answer your question it really does depend on your goals and what you invest in property for
One thing you can do is to calculate the “Opportunity Cost of your Money”, so if you’re got money in investment A, and investment B comes along that has a higher return, it could be advisable to move your money.
Remember – “equity growth investing” is a long terms strategy… what you do is course up to you
Sunil