Aug 17, 2020
Taking control of your personal finances, becoming wealthy or successful in property investing, is simple, but it’s not easy.
That’s not a play on words.
It’s simple if you know how, but it’s not easy because a lot of investors make mistakes. They’re fussed about the timing and the price they’re going to pay for their property, but those factors may not matter as much as you think.
That’s the topic of today’s chat with Stuart Wemyss, who’s going to explain that it’s what you buy that matters, not when or how much you pay.
We’re also going to talk about the characteristics of investment-grade property and the changing world of finance.
Then, in my mindset moment, I’m going to talk to you a little about an important subject – failure.
Highlights from my chat with Stuart
Links and Resources:
Stuart’s article referred to in the Podcast - Property market expectations & the impact of Coronavirus
Stuart’s Book – Rules of the Lending Game
Shownotes plus more here: It’s What You Buy, Not When or How Much You Pay, That Matters with Stuart Wemyss
Some of our favourite quotes from the show:
“We both agree that cash is important to keep you in the game, but it’s capital growth that’s going to get you out of the game.” – Michael Yardney
“If you’re getting free advice, then in fact, you’re the product.” – Michael Yardney
“The best way is to reflect on your failures and focus on the lessons that you’ve learned and the person that you’re going to become, rather than spending your time trying to avoid failure.” – Michael Yardney
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