Cate Bakos – The Property Buyer’s Golden nugget: If you’re capitalising on a depressed market and banking on it improving, understand the recovery driver. What is it? If you can’t be confident that there is a proven driver that will bring it back on to the boil, you are taking a great risk.
Peter Koulizos – The Property Professor’s Golden nugget: Do your research at the beginning, take investment advice, pick the right street, in the right suburb, in the right city. And just buy and hold. Even if you don’t get it perfect, buy and hold shows you will make more money, than trying to time the market.
David Johnston – The Property Planner’s Top Quotes:
“Absent a lot of surprises, investment are relatively predictable over 20 years, you may as well flip a coin to decide” – Peter Lynch.
“The best way to measure your investing success is not by whether you’re beating the market but by whether you’ve put in place a financial plan and a behavioral discipline that are likely to get you where you want to go” – Benjamin Graham.
“Our favourite holding period is forever” – Warren Buffett.