In today's podcast, Stuart Wemyss and I discuss the complexities of managing underperforming property investments, and how to decide when and if you should sell your property .

We explore everything from the emotional traps that can cloud our judgment to strategic considerations like tax implications and portfolio rebalancing.

Takeaways

• Investing is a long-term journey, often taking decades to develop financial independence.
• The quality of your asset is crucial for long-term returns.
• Benchmarking performance relative to market conditions is essential.
• Market cycles can significantly affect property values.
• Recognising a poor investment is a brave but necessary step
• Emotional decisions can cloud your judgment
• Patience is key; sometimes waiting is the best strategy.
• Tax implications should be considered when selling assets.
• Holistic financial advice can optimise investment strategies.
• Replacement assets can provide a strategic way to manage underperforming investments.
• If you find yourself digging a hole, stop.
• Sometimes the right thing to do is nothing.

Chapters

01:06 Understanding Underperforming Investments

10:42 The Importance of Patience in Investing

20:19 Evaluating Investment Decisions and Timing

28:09 Holistic Investment Strategies and Seeking Advice

28:14 Introduction to Wealth Retreat 2025

29:44 The Importance of Quick Decision Making in Property Investment

31:26 The Long Journey to Wealth

32:51 Building a Legacy of Wealth

33:38 Understanding Market Trends and Analysis

Links and Resources:

Michael Yardney

Stuart Wemyss – Prosolution Private Clients

Stuart's Book – Rules of the Lending Game & Investopoly

Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us

Join us at Wealth Retreat - Australia's Premier Wealth Retreat for Elite Investors and Business People www.WealthRetreat.com.au

Get a bundle of free reports and eBooks – www.PodcastBonus.com.au

Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.