Property Investors Relying On Past Performance For Future Success
When it comes to investments we're constantly told not to use past performance as a guarantee of future success.
(Image source: Shutterstock.com)
When it comes to investments we’re constantly told not to use past performance as a guarantee of future success.
Yet over half of property investors are doing exactly that, according to a survey by home loan lender, ME.
When asked what gave them most confidence their investment was a safe one
:- 56% said ‘Australian house prices have always gone up in the past’
- 11% said ‘so many other people are buying investment prope…