Derrick LiewPrivate Property GPS

When someone says they'd rather "wait and see", what's your answer?

"There's a very big opportunity cost when it comes to waiting. The market might already have moved while you're sitting on the fence. I know of someone who has been waiting since 2019. Should he have made the move back then and exited in the recent years, he would have already been sitting on half a million of profits. The market will not wait for you."

Waiting feels free because nothing is signed. The cost shows up years later, in the gap between where your position is and where it could have been.

The alternative is not rushing. It is deciding on your own criteria rather than on the next headline.

Full transcript for this answer is to be supplied and will be published here in full text.