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Is the post-pandemic world your next reason to procrastinate?
procrastinate

The world continues to experience very challenging times with the ongoing spread of the coronavirus stains, wars, climate events etc. It’s very unpleasant knowing that there are fellow human beings suffering and struggling; health wise and economically, with their very lives sometimes at risk. It’s easy to trivialise what is a really serious risk for many vulnerable people and we all need to make sure that our loved ones, friends, neighbours and families are safe. Because really that’s all that matters in life, right?

While these things always take time, everything will settle down, wars will end and world economies will recover and get strong. We don’t want to revel in other’s misfortunes of course. 

Many will rue the opportunities missed

We saw this at the start of the pandemic in 2020. So many investors sat on the fence and put off their decision making. It’s exactly now that we / you need to think about this. Recovering from each event or pandemic or war takes time and the world will be reeling from the effects for quite some time, and that’s exactly what many of us don’t have – TIME. Throughout each event the property markets kept growing.

Over the years we hear all manner of reasons people find to put off looking after their financial futures, in short to wait and see what will happen before making a decision; everything from the global financial crisis, to the GST being introduced, from the Sydney Olympics, to Brexit, from President Trump’s latest tweet, to it being the wrong kind of weather … seriously ! And here we have another one that can be added to the list – the Coronavirus !

There will ALWAYS be a reason you can find to NOT plan your financial future and take action

The questions are many and the answers not immediate. So the fallout from the pandemic and the subsequent interest rate rises are yet another reason to wait and see before making a decision. While perceived political and economic uncertainty can definitely be unsettling, we would suggest that if you look hard enough there will ALWAYS be a reason you can find to NOT plan your financial future and take action. And perhaps there are lessons to be learned when there are such sweeping impacts happening around the world. Because the world always recovers. Just when you think that it never will, it does. 

I absolutely appreciate that fear is real to many of us, and it’s not easy to be brave but at the end of the day, if you buy an investment property in an area where there are strong growth drivers and strong demand and a growing population AND you hold on to it for long enough then it will perform for you.

The What-Ifs in life are many and varied, and we are not saying throw caution to the wind and then don’t sleep at night but don’t let the latest media hype be the next reason you cling onto to not do this and regret it in a couple of years time when you find yourself thinking “darn it … should have done this years ago !”

Give us a call today and speak to someone who is qualified to advise and genuinely cares about you and your property investment journey. Email us at info@adviseable.com.au

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