The Property Couch

330 | Top 10 FOMO Mistakes Investors Make!


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FOMO (Fear Of Missing Out) is certainly here in this hot property market, folks!

Let’s be real… the “Great Australian BBQ Topic” is officially on steroids right now — a combination of low-interest rates, rising property prices and lack of supply in the market is seeing all sorts of people jump in on “the property party” they perceive everyone else is enjoying.

So, we want to be direct with you… there are NO excuses to purchase property because of FOMO! The reality is you should NEVER make huge financial decisions on a whim or forget to “Look Before You Leap”.

A hot market — like the one we’re currently experiencing — is the perfect storm for property buyers to make mistakes and land themselves in hot water by stretching themselves too far, acting without thinking, falling into the “herd” mentality or disregarding that FOMO is a paradise for Spruikers!!

As a follow on to our 3-part mini-series on how to win in a HOT property market, today we’re tackling the Top 10 FOMO mistakes property investors make… because we DON’T want to see you getting burnt out there or Realising Too Late that you fell into the trap of Irrational Exuberance!! 

So, strap yourselves in folks… ‘cos we’re about to give you some TOUGH LOVE! 

 

Free Stuff Mentioned… 

  • Free Learn on Instagram: Will You Fall For FOMO??  
  • Leave a Review on iTunes for your chance to Win a Start & Build Course! 
  • Become a PICA Member – $5 For A Year or $20 for 5 Years
  • Episode 329 | From Sports Star To Successful Investor – Chat with Tom Symonds 
  • Episode 123 | What is Owner-Occupier Appeal and How to Use It When Buying Your Next Investment? 
  • Episode 310 | Is Property Just A Ponzi Scheme? 
  • WOW! Sydney & The 60 Suburbs…

LISTEN TO THE FIRST 20 EPISODES HERE >>

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The Property CouchBy Bryce Holdaway & Ben Kingsley

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