INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: The cost of complacency
How much is your complacency costing you? These experts recommend scheduling a “date night” with your portfolio to make sure it’s on track.
In this episode of Investing Insights with Right Property Group, Phil Tarrant, Steve Waters and Victor Kumar enumerate the risks that investors face by neglecting to update their portfolios and underline the importance of capitalising on opportunities, regardless of what phase of the market cycle you are currently operating in.
The trio explain that investors should not bury their heads in the sand when the going gets tough, as it will not only hurt their current financial position but their long-term growth strategies as well.
They emphasise that the property ecosystem is always changing and give out tips on how investors can actively manage their portfolios.
More from this writer:
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Cash flow is king
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Charting ‘chapter 1’ of the investment journey
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Is cash still king?
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THE PURE PROPERTY PODCAST: Zeroing in on Perth
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The ABCs of property investing through an SMSF
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THE PROPERTY NERDS: Australia’s population is ageing, and it’s impacting property
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INSIDE COMMERCIAL PROPERTY: From side hustle to generational wealth
