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Michael Yardney Podcast

Insightful, educational and always interesting

Listen and learn from Michael Yardney, Australia’s most trusted property commentator and a group of experts as they discuss Property Investment, Success, Money and Finance to help you multiply your wealth.
While Michael is best known as a property expert, he is also Australia’s leading authority in the psychology of success and wealth creation. You’ll enjoy the way he challenges traditional finance advice with innovative ideas on real estate investing, personal finance and wealth creation. 
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  1. All Episodes
  2. Dump or Double Down? Knowing When to Sell Your Underperforming Investment | Stuart Wemyss

Apr 23, 2025

In today’s podcast, Stuart Wemyss and I discuss the complexities of managing underperforming property investments, and how to decide when and if you should sell your property . 

We explore everything from the emotional traps that can cloud our judgment to strategic considerations like tax implications and portfolio rebalancing. 

Takeaways 

  • Investing is a long-term journey, often taking decades to develop financial independence. 
  • The quality of your asset is crucial for long-term returns. 
  • Benchmarking performance relative to market conditions is essential. 
  • Market cycles can significantly affect property values. 
  • Recognising a poor investment is a brave but necessary step  
  • Emotional decisions can cloud your judgment 
  • Patience is key; sometimes waiting is the best strategy. 
  • Tax implications should be considered when selling assets. 
  • Holistic financial advice can optimise investment strategies. 
  • Replacement assets can provide a strategic way to manage underperforming investments. 
  • If you find yourself digging a hole, stop. 
  • Sometimes the right thing to do is nothing. 

Chapters 

01:06 Understanding Underperforming Investments 

10:42 The Importance of Patience in Investing 

20:19 Evaluating Investment Decisions and Timing 

28:09 Holistic Investment Strategies and Seeking Advice 

28:14 Introduction to Wealth Retreat 2025 

29:44 The Importance of Quick Decision Making in Property Investment 

31:26 The Long Journey to Wealth 

32:51 Building a Legacy of Wealth 

33:38 Understanding Market Trends and Analysis 

 

Links and Resources:  

   

Michael Yardney 

Stuart Wemyss – Prosolution Private Clients 

  

Stuart’s Book – Rules of the Lending Game & Investopoly 

  

Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us 

  

Join us at Wealth Retreat - Australia’s Premier Wealth Retreat for Elite Investors and Business People www.WealthRetreat.com.au  

  

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Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.