Why trying to time the market doesn’t work
Having the value of your property investment double has almost nothing to do with buying at the right time and everything to do with actually buying.
“So, is now a good time to buy?”
If I had a dollar for every time I’ve been asked that question, I’d have enough money to add a small island to my property portfolio.
Yes, it’s a common question, but let’s be real - it’s a silly one. The truth is that markets cycle. I mean, if they were entirely predictable, everyone would be rich.
Time in the market beats timing the market - no contest. Every successful investor, from Warren Buffett to that r…