You need to accept that investments change.
Markets change, and things don’t always turn out the way you thought they would. Be prepared to review your situation regularly, deal with problems early, and make any necessary changes as you go along.
There’s always a solution to whatever problems you have, but sometimes you have to cut your losses and ride the winners.
If you haven’t got a mentor to help you through this, you’re at a disadvantage, I’ve never met a professional investor who didn’t have some form of mentor. Personally, I’ve had four who helped me get me started.
Even now, I meet and network with other people in the industry. I make sure that I keep up with what’s going on and new ways of doing things. Plus I want to keep motivated and know I’m on the right course.
My six simple steps will put you on track to successful property investment and a fully funded pension that affords you the ability to retire. The recent pension changes 2015 would give you much more choice in where your future is invested. You have a variety of options for your retirement and how you can use your pension fund.
It will take you about three or four years to get the basics right as an investor. During that time, you’ll have seen enough to avoid most problems.
Experience will be your greatest strength, and you’ll find that most emotional barriers to property investment simply disappear.
Investing will become dare I say it, simple.
Get started today…
Live with passion and fun,
Brett Alegre-Wood
